What are my chances of getting into MIT MFin with a top IIT degree, 8.5+ CGPA, 2 years in investment banking, and a couple of finance-related research papers?

Question

Mansih K · Accepted Answer

With a top IIT degree, 8.5+ CGPA, two years in investment banking, and finance research papers, the profile fits well with what MIT MFin usually admits.
Academically, an IIT background with strong grades meets the program&rsquo;s quant and analytical expectations. The IB experience gives hands-on exposure to working on live deals, which is valuable since MFin classes often involve real-world cases and projects. Research papers in finance add depth and show interest beyond day-to-day work.
The big deciding factors now would be a strong GRE/GMAT Quant score &mdash; ideally 167+ GRE Quant or 740+ GMAT with Q51 &mdash; and clear career goals that align with the program&rsquo;s outcomes, like moving into senior investment banking or capital markets roles. Recommendation letters that highlight leadership, analytical skill, and contributions to important deals will matter a lot. This profile has solid chances if the application connects all these elements into a clear, focused career story.

Supriya J · Answer

An IIT degree, high CGPA, IB work, and finance research papers is already a rare combination &mdash; but MIT MFin decisions aren&rsquo;t based on academics alone.
&bull; Test scores carry weight &mdash; most competitive admits score 167+ GRE Quant or 740+ GMAT with Q51. Even with strong grades, a lower quant score can make the application weaker. &bull; MIT wants to hear a clear &ldquo;Why MFin, why now?&rdquo; &mdash; explaining exactly how the program will move you ahead faster than staying in IB. &bull; Finance research papers can be a real plus if they&rsquo;re published in credible journals or used in real-world projects. &bull; Two years in IB is great, but it helps to show moments where you led parts of a deal or handled high-pressure modeling work. &bull; Talking to recent admits or alumni can give insight into what really stands out to the adcom.
With strong scores, solid recommendations, and a focused career plan, this profile would be in the competitive range.

Aarushi S · Answer

Your chances of getting into MIT MFin with an IIT degree, 8.5+ CGPA, two years in investment banking, and finance research are strong if you back it up with test scores and a clear application story. The admit rate is only 10&ndash;15%, so even top applicants face competition, but your profile checks the main boxes.
The IIT brand signals quant strength, and an 8.5+ CGPA puts you above the average admitted GPA of around 3.7/4.0. Two years in IB adds credibility, especially if you highlight deal exposure, modeling, or client-facing work. Finance research papers make your application stand out since not many candidates bring an academic angle along with work experience.
The GMAT/GRE will be the key filter. The average GMAT Focus is around 690&ndash;700 (&asymp;730 old GMAT). Scoring in or above that range keeps you competitive. In the end, your essays must tie together IIT, IB, and research into a clear &ldquo;why MIT MFin, why now&rdquo; narrative.

S Raghav · Answer

MIT MFin doesn&rsquo;t use a fixed formula, but your profile lines up well with what they admit. An IIT background, strong grades, IB experience, and research all put you in a strong position. Here&rsquo;s how it breaks down:
&bull; Academics: An IIT degree with 8.5+ CGPA proves rigorous quant ability. MIT values STEM backgrounds, and IIT is a strong signal. &bull; Work Experience: Two years in IB helps, but admissions will look for deal exposure, modeling, and client work rather than just the brand name. &bull; Research: Having finance-related papers is rare among applicants. Link them to your career goals to show depth. &bull; GMAT/GRE: A GMAT Focus 700+ (&asymp;730 old GMAT) or GRE Quant 167&ndash;169 is the safe range. Below 680 makes it tougher. &bull; Essays & Fit: MIT wants clarity. Show how MFin connects your IB base with long-term goals in IB/PE/AM.
You&rsquo;d be above average for Indian applicants.