Sloan Fellows
The Sloan Fellows program is the world's first mid-career and senior 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 at the MIT Sloan School of Management. Later it was expanded to the Stanford Graduate School of Business, and London Business School. Considered to be one of the most prestigious management training programs in the world, it targets experienced leaders who have demonstrated success either within organizations, or independently as entrepreneurs. Notable alumni include Kofi Annan, former United Nations Secretary-General and Nobel Peace Prize Laureate, John Browne, Baron Browne of Madingley, former chairman and CEO of BP and member of the British House of Lords, and Carly Fiorina, former CEO of Hewlett-Packard.
History
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 general 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 and the Sloan Master's at London Business School. In 2013, Stanford changed the name of its Sloan Fellows Program to Stanford MSx, though participants in the program remain Stanford Sloan Fellows.
Academics
Sloan Fellows comprise a mix of company and self-sponsored candidates. At all three schools, a significant degree of experience is required for admission. Alumni describe the program as "transformational", in keeping with Alfred P. Sloan's original vision of preparing accomplished managers for senior business leadership positions and increasingly, launching successful enterprise ventures.The Sloan Fellows program is delivered full-time over the course of 12–14 months, depending on electives. London Business School and MIT Sloan offer an optional research thesis.
The program recognizes the importance of developing leadership and 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 Master's is a specialized program emphasizing strategy, leadership and an intensive personal development provision.
Admission
Admission to the Sloan Fellow programs is highly selective. At the MIT Sloan School of Management, the prospective applicant needs to first register interest through the program website and upload a resume. After an initial screening, a member of the admissions committee will contact the registered applicant to schedule a 30 minute phone orientation. Prospective applicants are invited to visit the program in Cambridge, Massachusetts for class visits, to engage with current students and meet the program officers.After the initial screening, applicants submit a formal application, which includes undergraduate transcripts, GMAT or GRE score report, letters of recommendation, and personal essays. The received applications are screened by the admissions committee, and selected applicants are invited for a formal admissions interview, usually held on campus, or via video conference for international students. Following the interview, admissions decisions are made and applicants are notified. This process is repeated three times for three rounds of application deadlines.
Traditional full-time MBA programs comparison
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 - 40 |
International students | ~40% | ~60% |
Class size | between 400 and 1000 | between 60 and 110 |
Degree | MBA | MSc in Management |
GMAT/GRE | Required | Required |
Work experience influence on acceptance | Medium | High |
MIT, Stanford and LBS differences
MIT Sloan School of Management | Stanford Graduate School of Business | London Business School | |
Year Founded | 1930 | 1957 | 1968 |
Minimum experience | 10 years | 8 years | 15 years |
Average experience | 14 years | 12 years | 18 years |
Class size | ~110 | ~80 | ~60 |
Passports | ~35 | ~30 | ~25 |
Tuition | $136,135 | $132,900 | £70,800 |
Degree | MBA or MS in Management or Management of Technology | MS in Management | MSc in Leadership and Strategy |
Degrees
Sloan Fellows at MIT Sloan may opt for an MBA, Master of Science in Management, or Master of Science in Management of Technology. Sloan Fellows at London Business School and Stanford Graduate School of Business are awarded a Master of Science degree.Prominent alumni
Notable Sloan Fellows of the MIT Sloan School of Management include:- F. Duane Ackerman, former Chairman and CEO of BellSouth
- Thad Allen, former Commandant of the U.S. Coast Guard
- Kofi Annan, former Secretary-General of the United Nations and winner of Nobel Peace Prize in 2001
- Megan J. Brennan, 74th United States Postmaster General, CEO of United States Postal Service
- Patrick R. Donahoe, 73rd United States Postmaster General, CEO of United States Postal Service
- John E. Potter, 72nd United States Postmaster General, CEO of United States Postal Service
- Chan Chun Sing, Minister in Prime Minister's Office and the Secretary-General of the National Trades Union Congress, Singapore
- Colby Chandler, former Chairman and CEO of Kodak
- Philip M. Condit, former Chairman and CEO of Boeing
- Carly Fiorina, former CEO of Hewlett-Packard
- John Legere, CEO of T-Mobile US
- Donald V. Fites, former Chairman and CEO of Caterpillar Inc
- William Clay Ford, Jr., Chairman of Ford Motor Company
- James C. Foster, Chairman and CEO of Charles River Laboratories
- Gan Siow Huang, first Singaporean female general
- Bruce S. Gordon, former President and CEO of NAACP
- Daniel Hesse, President and CEO of Sprint Nextel
- Robert Horton, British businessman and former Chairman and CEO of BP
- Robert Lawrence Kuhn, China expert, corporate strategist, and public intellectual
- Nabiel Makarim, former Minister of Environment of Indonesia
- Alan Mulally, former President and CEO of Ford Motor Company
- Abdullatif bin Ahmed Al Othman, Governor of Saudi Arabia's General Investment Authority
- William A. Porter, co-founder of E*TRADE
- Gerhard Schulmeyer, former President and CEO of Siemens
- Keiji Tachikawa, President of the Japan Aerospace Exploration Agency
- John W. Thompson, Chairman of Symantec
- Ron Williams, CEO and Chairman of Aetna
- William Amelio, President and CEO, Lenovo Group
- Scott Brady, founder and CEO, Fiber Tower and Slice
- Lord John Browne of Madingley, Chairman and CEO of BP, Member of the British House of Lords
- Sir Howard Davies, Director, London School of Economics, and Deputy Governor, Bank of England
- Paul Deneve, CEO, Yves Saint Laurent
- Thomas Falk, Chairman, President and CEO, Kimberly-Clark
- Dr. Chris Gibson-Smith, Chairman, London Stock Exchange
- Alan Giles, CEO, HMV
- Karl Slym, CEO, Tata Motors
- Brigadier General Lee Hsien Yang, CEO, Singtel
- Hon. Regina Ip, Secretary for Security, Government of Hong Kong
- Robert Joss, CEO, Westpac Bank, and Dean, Stanford Graduate School of Business
- Sir Deryck Maughan, Managing Director and Chairman, KKR Asia, former CEO of Citigroup International
- Sir Callum McCarthy, Chairman, Financial Services Authority
- Hank McKinnell, Chairman and CEO, Pfizer
- Daniel Novegil, CEO, Ternium
- John Robert Porter, Chairman, Telos Group
- Mark Pigott, Chairman and CEO, Paccar
- Frank Shrontz, Chairman, Boeing
- Theodore Roosevelt V, Co-Founder Redwood Grove Capital
- Mary Curnock-Cook, OBE SLN2002 Chief Executive Universities & Colleges Admissions Service
- Jitesh Gadhia SLN2000 Senior Advisor, Blackstone Group