The Sloan Fellows program is a mid-career master's degree in general management and leadership initially supported by a grant from the Alfred P. Sloan Foundation taking place at one of three universities: the MIT Sloan School of Management, the Stanford Graduate School of Business, and the London Business School (LBS). It targets experienced managers who have demonstrated success either within organizations or independently as entrepreneurs.
The Sloan Fellows Program was created at the MIT Sloan School of Management in 1940, by Alfred P. Sloan, Chairman of General Motors from 1937 to 1956, who envisioned the Sloan Fellowship as a means of developing the "ideal manager".
In the following decades, the program was expanded to include the Sloan Master's at Stanford Graduate School of Business (1957) and the Sloan Master's at London Business School (1968 ). In 2013 Stanford changed the name of its Sloan Fellows Program to Stanford MSx (Master of Science in Management for Experienced Leaders), though participants in the program remain Stanford Sloan Fellows.
Sloan Fellows comprise a mix of company- and self-sponsored candidates. On all three schools, a significant degree of experience is required for admission. This is in keeping with Alfred P. Sloan's conviction that experienced managers would benefit best from the program. Alumni describe the program as "transformational", in keeping with the original vision of preparing successful managers for senior business leadership positions.
Unlike most Executive MBA programs which are part-time over a year and a half to three years, the Sloan Fellows program runs full-time over the course of 12-14 months, depending on electives. London Business School and MIT Sloan offer an optional research project/thesis.
The program recognizes the importance of developing leadership as well as management competency in Sloan Fellows. As such, in addition to the standard MBA curriculum of management courses, the Sloan program contains a strong personal-development component designed to develop the leadership and strategic thinking capabilities of Sloan Fellows.
Traditional full-time MBA programs comparison
The Sloan Fellows program is a mix of top Executive MBA programs (experienced professionals) and top full-time MBA programs (full-time, academic rigor). The table below shows the main differences between the Sloan Fellows program and the traditional top MBA programs.
|Typical top 10 MBA program||Sloan Fellows program|
|Duration||Full-time, 2-year||Full-time, 1-year|
|Average work experience||4-year||13-year, 8-year minimum|
|Average age||25 - 30||30 - 45|
|Non-US students||< 40%||> 60%|
|Class size||between 400 and 1000||between 50 and 110|
|Degree||MBA||MSc in Management (except MIT, which offers MBA too)|
|GMAT influence on acceptance||High||Medium|
|Work experience influence on acceptance||Medium||High|
MIT, Stanford and LBS differences
Although the program in any of the three schools are very similar in nature, there are some key difference among them. The table below summarizes the differences:
|MIT Sloan||Stanford Graduate School of Business||London Business School|
|Minimum experience||10-year||8-year ||12-year |
|Average experience||14-year ||12-year ||16-year |
|Class size||~110 ||~83 ||~52 |
|Passports||35 ||31 ||22 |
|Tuition||$125,500 ||$ 112,100 ||£49,098 |
|Degree||MBA or MSc in Management ||MS in Management (MSM) ||MSc in Leadership and Strategy |
|GMAT||Not always necessary ||700 (median) ||650 (average) |
Sloan Fellows at MIT Sloan may opt for an MBA, an MS in management, or an MS in the management of technology (MOT), depending on their curricular and research choices. Sloan Fellows at London Business School and Stanford Graduate School of Business are both awarded a Master of Science degree.
Notable MIT Sloan Fellows alumni include:
- F. Duane Ackerman (SF '78), former Chairman and CEO of BellSouth
- Thad Allen, former Commandant of the U.S. Coast Guard
- Kofi Annan (SF '72), former Secretary-General of the United Nations and winner of Nobel Peace Prize in 2001
- Chan Chun Sing (SF '05), Senior Minister of State for Defence, Singapore
- Colby Chandler, former Chairman and CEO of Eastman Kodak
- Philip M. Condit (SF '75), former Chairman and CEO of the Boeing Company
- Carly Fiorina, former CEO of Hewlett-Packard
- Donald V. Fites (SF '71), former Chairman and CEO of Caterpillar Inc.
- William Clay Ford, Jr. (SF '84), Chairman of Ford Motor Company
- James C. Foster (SF '85), Chairman and CEO of Charles River Laboratories
- Ric Fulop (SF '06), founder of alternative energy startup A123 Systems, a supplier of lithium ion batteries
- Bruce S. Gordon (SF '88), former President and CEO of NAACP
- Daniel Hesse, President and CEO of Sprint Nextel
- Robert Horton (SF '71), British businessman and former Chairman and CEO of BP
- Robert Lawrence Kuhn (SF '80), China expert, corporate strategist, and public intellectual
- Nabiel Makarim (SF '85), former Minister of Environment of Indonesia
- Alan Mulally (SF '82), President and CEO of Ford Motor Company
- Abdullatif bin Ahmed Al Othman (SF '98), Governor of Saudi Arabia's General Investment Authority (SAGIA)
- William A. Porter, co-founder of E*TRADE
- Gerhard Schulmeyer, former President and CEO of Siemens
- Keiji Tachikawa (SF '78), President of the Japan Aerospace Exploration Agency (JAXA)
- John W. Thompson (SF '83), Chairman of Symantec
- Ronald L. Turner, former Chairman, President, and CEO of Ceridian
- Ron Williams (SF '84), CEO and Chairman of Aetna
Notable Stanford MSx (Sloan Fellows) alumni include:
- William Amelio (MS '89), President and CEO, Lenovo Group Limited (China)
- Scott Brady (MS '00), founder and CEO, Fiber Tower and Slice (US)
- Lord John Browne of Madingley (MS '81), Chairman and CEO of BP, Member of the British House of Lords (UK)
- Dr. Ching-Chu Chang, Chairman, Vanguard International Semiconductor Corporation (Taiwan)
- Lars Daalgard (MS '99), Founder and CEO, SuccessFactors, Partner at Andreessen Horowitz (US)
- Sir Howard Davies (MS '80), Director, London School of Economics, and Deputy Governor, Bank of England (UK)
- Paul Deneve (MS '10), CEO, Yves Saint Laurent (France)
- Jean-Pierre Dupret (MS '80), Chairman, ROVA (Belgium)
- William Easter III (MS '91), Chairman, President and CEO, Duke Energy Field Services (US)
- Teresa Elder (MS '94), CEO, Vodafone Ireland
- Thomas Falk (MS '89), Chairman, President and CEO, Kimberly-Clark Corp (US)
- Farhad Forbes (MS '91), Director, Forbes Marshall Companies (India)
- Dr. Chris Gibson-Smith (MS '85), Chairman, London Stock Exchange (UK)
- Alan Giles (MS '88), CEO, HMV Media Group plc (UK)
- Charles Griffith (MS '84), Managing Director, Arcapita (US)
- Kirk Hawkins (MS '05), Founder and CEO, ICON Aircraft (US)
- Karl Slym (MS), CEO, Tata Motors (UK)
- Brigadier General Lee Hsien Yang (MS '80), CEO, SingTel (Singapore)
- Katsumi Ihara, Executive Deputy President and Group CFO, Sony Corporation (Japan)
- Hon. Regina Ip (MS '87), Secretary for Security, Government of Hong Kong
- Robert Joss (MS '66), CEO, Westpac Bank (Australia), and Dean, Stanford Graduate School of Business (US)
- Sebastien Lepinard (MS '07), Founder and Managing Partner, Next World Group (US)
- Hon. Swee Say Lim (MS '91), Minister for the Environment, Singapore
- Dagfinn Lunde (MS '82), Chairman and CEO, DVB Nedship Bank (Netherlands)
- Sir Deryck Maughan (MS '78), Managing Director and Chairman, KKR Asia, former CEO of Citigroup International (US)
- Sir Callum McCarthy (MS '82), Chairman, Financial Services Authority (UK)
- Hank McKinnell (MS '68), Chairman and CEO, Pfizer (US)
- Philip Murtaugh (MS '85), Chairman and CEO, General Motors China
- Daniel Novegil (MS '84), CEO, Ternium (Argentina)
- Roger Pedder (1973), Chairman, C. & J. Clark Shoes (UK)
- John Robert Porter (MS '81), Chairman, Telos Group (Belgium)
- Mark Pigott (MS '95), Chairman and CEO, PACCAR (US)
- Bernhard Josef Pleschko, Chairman and Managing Director, Swarovski (Austria)
- Barry Rand (MS '72), CEO of AARP (US)
- William Shaw (MS '08), Founder and CCO, VivaColombia Airlines (Colombia)
- Frank Shrontz (1970), Chairman, Boeing (US)
- George Watkins (MS '85), Chairman and Managing Director, ConocoPhillips (UK)
- Ray Webster (MS '88), Chairman, EasyJet (US)
- Peter Ziebelman (MS '87), Co-founder, Palo Alto Venture Partners (US)
- Stanford Graduate School of Business. "Stanford Sloan Master's Program". Stanford University. Retrieved 9 August 2012.
- Stanford GSB. "The Sloan Program at 50". Stanford GSB. Retrieved 2 January 2013.
- London Business School. "Sloan Masters in Leadership and Strategy". London Business School. Retrieved 9 August 2012.
- London Business School. "Sloan 40th anniversary". London Business School. Retrieved 2 January 2013.
- Stanford renames Sloan Master's Program - http://www.gsb.stanford.edu/news/headlines/redesigned-sloan-masters-curriculum-named-stanford-msx-program-experienced-leaders
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- International Study Trip
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- "MIT Sloan Fellows Admissions Criteria". Retrieved 2 January 2013.
- "Stanford Sloan Eligibility". Retrieved 2 January 2013.
- "Who is the Sloan programme designed for?". Retrieved 2 January 2013.
- "MIT Sloan Fellows - Program brochure". Retrieved 2 January 2013.
- "Stanford Sloan Class of 2013 Profile". Retrieved 2 January 2013.
- "LBS Sloan Masters - Class of 2012 Profile". Retrieved 2 January 2013.
- "MIT Sloan Fellows - Class of 2013". Retrieved 2 January 2013.
- "MIT Sloan Fellows - Program Expenses". Retrieved 2 January 2013.
- "Stanford Sloan Cost of Attendance for the 2012-2013". Retrieved 2 January 2013.
- "LBS Sloan Masters - Fees and financing". Retrieved 2 January 2013.
- "MIT Sloan Fellows - Degree and research options". Retrieved 2 January 2013.
- "Stanford Sloan". Retrieved 2 January 2013.
- "LBS Sloan Masters". Retrieved 2 January 2013.
- "LBS Sloan Masters - What is the minimum GMAT score required?". Retrieved 2 January 2013.
- Wikipedia list of prominent Sloan Fellows
- MIT Sloan Fellows Program in Innovation & Global Leadership
- Stanford Sloan Master's Program
- Sloan Fellowship MSc at London Business School
- Interview with Stephen Sacca, MIT SF '90 and Director of the MIT Sloan Fellow Program, Aug 3rd 2010
- Blog about Stanford Sloan Fellows Program
- Facebook Page about the MIT SF Program
- Linkedin Sloan Fellows Group
- FT.com March 19, 2012 article on the Sloan Fellows Program: "A degree of choice for the older and wiser student"
- Nanyang Fellows
- Google+ Profile for MIT Sloan Fellows Program