Bad Math: MIT Miscounts Its New B-School Students

Source: WSJ, Sep 2012

Normally, schools offer scholarships to entice students to enroll. This year, the Massachusetts Institute of Technology’s business school handed them money to go away.

The Sloan School of Management’s full-time M.B.A. program, usually about 400 students, was oversubscribed by an unusually high number of students this year.

Tuition for the 2012-2013 academic year is $58,200, with total expenses—including books, housing and food—estimated at just under $89,000.

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