MIT Sloan . Sloan The Sloan class of 2001 will be web-savvy without a doubt. Their first test comes with the MBA admissions application, which this year needs to be submitted via the web. Sloan is the first business school in the country to move its entire MBA application process on-line. MIT Sloan is using a new program called GradAdvantage.
Prospective students can easily apply to multiple schools without having to rekey basic information.
The new system eliminates having to match students' applications with their GMAT scores, which used to come in separately. With the exception of submitting references and transcripts, the whole process is on-line. Admission decisions, though, will be forwarded by mail. We've eliminated the input and storing of 3,500 applications as well as all of the paper waste and postage and mailing costs. We're taking the natural next step from using the Internet as an information source to now using it for transactions.