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Home > Company Index > Diversified Services > Colleges & Universities > Massachusetts Institute of Technology
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Massachusetts Institute of Technology |
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PROFILE |
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It is patently clear that the Massachusetts Institute of Technology (MIT) is one of the nation's leading research universities. The school receives more than 300 patents a year, ranking it above all but the University of California. Founded in 1865, privately endowed MIT is considered one of the world's most prestigious science and engineering institutions. Research accounts for some 60% of the school's revenue and has led to such advances as a magnetic core memory that allowed digital computers to be developed. The US Department of Defense, NASA, and other government agencies sponsor much of its research. MIT is composed of five schools with 27 academic departments and has an enrollment of about 10,000.
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FINANCIAL OVERVIEW |
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Fiscal Year-End: June
2000 Sales (mil.): 2,191.40
1-Yr. Sales Growth: 41.5%
Employees: 8,400
Revenue per employee: $260,880.95
KEY PEOPLE |
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Charles M. Vest
CEO
Allan S. Bufferd
CFO
CONTACT INFO |
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77 Massachusetts Ave.
Cambridge, MA 02139
US
Phone: 617-253-1000
Fax: 617-253-8000
Online: Web Site
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