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In business and for engineering economics in both industrial engineering and civil engineering practice, the minimum acceptable rate of return, often abbreviated MARR, or hurdle rate is the minimum rate of return on a project a manager or company is willing to accept before starting a project, given its risk and the opportunity cost of forgoing other projects. [1]
MITES, or MIT Introduction to Engineering and Science, is a highly selective six-week summer program for rising high school seniors held at the Massachusetts Institute of Technology. Its purpose is to expose students from underserved and underrepresented backgrounds to the fields of science and engineering.
Ivy-Plus admissions rates vary with the income of the students' parents, with the acceptance rate of the top 0.1% income percentile being almost twice as much as other students. [234] While many "elite" colleges intend to improve socioeconomic diversity by admitting poorer students, they may have economic incentives not to do so.
MIT Sloan completed its new central building, known as E62, in 2010. The MIT Sloan School of Management began in 1914 as the engineering administration curriculum ("Course 15") in the MIT Department of Economics and Statistics. The scope and depth of this educational focus grew steadily in response to advances in the theory and practice of ...
This 1916 advertisement distinguishes the list price and a lower our special price.. The list price, also known as the manufacturer's suggested retail price (MSRP), or the recommended retail price (RRP), or the suggested retail price (SRP) of a product is the price at which its manufacturer notionally recommends that a retailer sell the product.
The 2018 announcement of the college's creation included a 150,000–165,000-square-foot (13,900–15,300 m 2) new building to provide enough room on campus for 65 faculty members, plus graduate students and staff (most of which would be funded by the college). [9]
Need-blind admissions do not consider a student's financial need. In a time when colleges are low on financial funds, it is difficult to maintain need-blind admissions because schools cannot meet the full needs of the poor students that they admit. [73] There are different levels of need-blind admissions. Few institutions are fully need-blind.
Cheryl Butters was the program administrator from 1975 until her retirement from MIT at the end of January 2011. The program had office and classroom space on the second floor of the old barracks building (MIT building 20; the lounge was room 20C-221), where it resided until the building's demolition in 1998 to make way for the Stata Center. [4]