Sloan Fellows

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MIT Sloan School of Management
Type Full Time Management Program
Established 1930
Parent institution
Massachusetts Institute of Technology
Endowment US$ 812 million[1]
Students 110[2]
Location Cambridge, Massachusetts, U.S.
Coordinates: 42°21′39″N 71°05′02″W / 42.360732°N 71.083774°W / 42.360732; -71.083774
Website mitsloan.mit.edu/fellows

The Sloan Fellows program is the world's first mid-career master's degree in general management and leadership. It was initially supported by a grant from Alfred P. Sloan, the late CEO of General Motors, to his alma mater, MIT. The program was established in 1930 in MIT Sloan School of Management. later, it was expanded to other leading two business schools of the Stanford Graduate School of Business, and the London Business School (LBS). Considered to be the most prestigious management training program, it targets experienced managers who have demonstrated success either within organizations or independently as entrepreneurs.

History[edit]

The Sloan Fellows Program was created at the MIT Sloan School of Management in 1930, 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". The Sloan Fellows Program is the world's first management and leadership education program for mid-career experienced managers.

In the following decades, the program was expanded to include the Sloan Master's at Stanford Graduate School of Business[3] (1957[4]) and the Sloan Master's at London Business School[5] (1968 [6]). 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.[7]

Academics[edit]

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 and increasingly, successful enterprise ventures.

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.[8][9][10]

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. The London Business School Sloan Masters is a specialised programme emphasising Strategy, Leadership and an intensive personal development provision.

Admission[edit]

Admission to Sloan Fellow Program is highly selective and goes through several steps of selection. In MIT Sloan School of Management, the prospective applicant needs to first register interest in the program website and upload resume. A valid GMAT or GRE score is also required before submitting the application. After initial screening, a member of the admission committee calls the screened registered applicant for 30 minutes discussion. Number of screened and interviewed by telephone prospective applicants will be invited to visit the program in Cambridge, Massachusetts for class visit, sit with current students and meet the program officers. After this stage, the applicant to submit a formal application. The received applications are again screened and the selected files will be moved to the interview stage. The invited candidates will have to participate in a formal admission interview, usually held in MIT Sloan campus, or globally in selected places. Following the interview, the decisions letters of admission or rejection will be sent to the applicants. This process is repeated three times for three rounds of application deadlines.

Following a successful shortlisting after applying, London Business School Sloan Fellows will have a personal interview with an alumnus or LBS representative. There are four deadlines across the cycle. LBS offers preliminary discussions, CV reviews and class visits to support Sloan candidates’ research.

Traditional full-time MBA programs comparison[edit]

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 (80%) 25 - 30 30 - 40
International students < 40% > 60%
Class size between 400 and 1000 between 60 and 110
Degree MBA MSc in Management (except MIT, which offers MBA too)
GMAT/GRE Required Required (at MIT & Stanford, avg GMAT ~ 715)
Work experience influence on acceptance Medium High

MIT, Stanford and LBS differences[edit]

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 School of Management Stanford Graduate School of Business London Business School
Minimum experience 10-year[11] 8-year [12] 15-year [13]
Average experience 14-year [14] 12-year [15] 18-year [16]
Class size ~110 [11] ~83 [15] ~60 [16]
Passports 35 [17] 31 [15] 25 [16]
Tuition $131,000 [18] $116,500 [19] £65,900 [20]
Degree MBA or SM in Management or Management of Technology [21] MS in Management (MSM) [22] MSc in Leadership and Strategy [23]

Degrees[edit]

Sloan Fellows at MIT Sloan may opt for an MBA, Masters of Science in Management, or Masters of Science in Management of Technology. Sloan Fellows at London Business School and Stanford Graduate School of Business are both awarded a Master of Science degree.

Prominent alumni[edit]

Notable Sloan Fellows of the MIT Sloan School of Management include:

Notable Stanford MSx (Sloan Fellows) alumni include:

Notable London Business School (Sloan Fellows) alumni include:

  • Mark Abell SLN97 Imparta MD
  • Seyi Ajibola SLN2007 CEO, Zircon Marine Limited
  • Richard Allen SLN2000 Founder & CFO, 101Elements Pte Ltd
  • Michael Berman SLN13 Chairman Actix
  • Philip Blackwell SLN96 CEO Blackwell Ventures ; CEO at Scholium Group Plc
  • Richard Boggis-Rolfe SLN13 Executive Chairman, Odgers, Ray & Berndtson
  • Paul Boissier SLN2000 Chief Executive, Royal National Lifeboat Institution, Former CB Deputy Commander-in-Chief, British Navy Maritime Forces
  • Andreas Bos SLN2011 Founder, Deviehl
  • Marcelo Bravo SLN2000 Founder, CTO, Oxford Pharmascience Group Plc
  • Kevin Burke SLN10 Chairman, Vanguard Petroleum
  • Malcolm Butler SLN2006 Partner, Chief Operating Officer, COMAC Capital LLP
  • Justin Cadbury SLN14 Chief Executive, Data Broadcasting International Ltd; now enterprise
  • Kristen Cardinal SLN2011 Director of Global Development, RIKEN Brain Science Institute
  • Eileen Carr SLN97 NED Talvivaara Mining Co plc.; CFO roles global mining sector
  • Alain Castro SLN2002 CEO, Ener-Core Power
  • Peter Christiensen SLN96 CEO Precious Media Ltd
  • Carla Cico SLN25 Former CEO Brasil Telecom
  • Tony Cohen SLN20 CEO Fremantle Media to 2012
  • Mary Curnock-Cook, OBE SLN2002 Chief Executive Universities & Colleges Admissions Service
  • Peter Daresbury SLN12 NEC De Vere Group; CEO Nasstar PLC
  • Paul Dezelsky SLN24 Former President APAC, HMV current investment/advisory
  • Neil Dhar SLN2005 Executive Vice President, Energy Coal and Carbon Complex, Noble Group
  • Olivia Dickson SLN2005 NED AON
  • Barbara Domayne Hayman SLN2000 Entrepreneur-in-residence' at the Stevenage Bioscience Catalyst
  • Hendrik du Toit SLN97 CEO, Investec Asset Management Limited
  • John Dyfrig SLN15 Non-Executive Director of Lloyds Banking Group, Former CEO of HSBC Bank plc
  • Jitesh Gadhia SLN2000 Senior Advisor, Blackstone Group
  • Wael Ghanayem SLN2012 Chief Finance and Operating Officer, Zain Iraq
  • Judy Gibbons SLN2010 Non-Executive Director, Guardian Group, Accel Partners; NED Michael Kors
  • John Haddon SLN2011 CEO, Tang Investments LLC
  • Tom Hawkins SLN2003 CFO, Talis Group
  • Adrian Hennah SLN21 CFO Reckitt Benckiser
  • Amjad Hussain SLN2002 Executive Director, Jacobs UK formerly Controller of the Nav
  • Richard Hytner SLN2003 Deputy Chairman Worldwide, Saatch & Saatchi
  • Rowena Ironside SLN2002 Chair, Women on Boards; NEDs CTO/CFO roles
  • Jeff Lyons SLN2001 CEO, Infinitesima Ltd
  • Hugh Mackay SLN2000 CEO Europa Oil & Gas (Holdings) Plc
  • David Neil-Gallacher SLN14 Acting Secretary General, British Water
  • Etsuji Otsuka SLN2008 Co-founder & CIO, TRUIM Partners Co., Ltd.
  • Frederick Pakis SLN12 Co-Founder and Co-CEO, JDA Software, Inc.
  • Mahesh Ramachandran SLN2005 MD, Commonwealth Inclusive Growth Services Ltd
  • Jacque Rozenvaig SLN96 Director General,Tecban
  • Tim Stephenson SLN20 "Chairman of Johnson Matthey plc.
  • Jonathan Strauss SLN2011 Founder, Deviehl
  • Scott Sunderman SLN2002 Group Chief Executive Officer, Healix International
  • Paula Sussex SLN94 CEO Charity Commission
  • Rob van Basten Batenburg SLN2001 "Managing Director, Marwind Group
  • Alain Vertes SLN2004 Managing Director, NxR Biotechnologies
  • Andrew Webb SLN2000 MD, Solaraid
  • Vijay Ghadge SLN2011 COO, gojavas.com
  • Nnenna Okoro SLN2011 VP/Deputy General Manager, Stanbic IBTC (a subsidiary of Standard Bank of South Africa)

References[edit]

  1. ^ "About MIT Sloan Program Statistics" (PDF). MIT Sloan School of Management. 2015. Retrieved December 31, 2016. 
  2. ^ "About MIT Sloan". MIT Sloan School of Management. Retrieved August 2, 2015. 
  3. ^ Stanford Graduate School of Business. "Stanford Sloan Master's Program". Stanford University. Retrieved 9 August 2012. 
  4. ^ Stanford GSB. "The Sloan Program at 50". Stanford GSB. Retrieved 2 January 2013. 
  5. ^ London Business School. "Sloan Masters in Leadership and Strategy". London Business School. Retrieved 9 August 2012. 
  6. ^ London Business School. "Sloan 40th anniversary". London Business School. Retrieved 2 January 2013. 
  7. ^ Stanford renames Sloan Master's Program - http://www.gsb.stanford.edu/news/headlines/redesigned-sloan-masters-curriculum-named-stanford-msx-program-experienced-leaders
  8. ^ [1] Archived June 20, 2010, at the Wayback Machine.
  9. ^ International Study Trip
  10. ^ [2] Archived June 22, 2007, at the Wayback Machine.
  11. ^ a b "MIT Sloan Fellows Admissions Criteria". Retrieved 2 January 2013. 
  12. ^ "Stanford Sloan Eligibility". Retrieved 2 January 2013. 
  13. ^ "Who is the Sloan programme designed for?". Retrieved 2 January 2013. 
  14. ^ "MIT Sloan Fellows - Program brochure" (PDF). Retrieved 2 January 2013. 
  15. ^ a b c "Stanford Sloan Class of 2013 Profile". Retrieved 2 January 2013. 
  16. ^ a b c "LBS Sloan Masters - Class of 2012 Profile" (PDF). Retrieved 2 January 2013. 
  17. ^ "MIT Sloan Fellows - Class of 2013". Retrieved 2 January 2013. 
  18. ^ "MIT Sloan Fellows - Program Expenses". Retrieved 7 June 2014. 
  19. ^ "Stanford Sloan Cost of Attendance for the 2014". Retrieved 7 June 2014. 
  20. ^ "LBS Sloan Masters - Fees and financing". Retrieved 7 June 2014. 
  21. ^ "MIT Sloan Fellows - Degree and research options". Retrieved 2 January 2013. 
  22. ^ "Stanford Sloan". Retrieved 2 January 2013. 
  23. ^ "LBS Sloan Masters". Retrieved 2 January 2013. 
  24. ^ https://www.crunchbase.com/person/michael-cagney#/entity

Further reading[edit]