Massachusetts Institute of Technology is a large private university located in Cambridge, MA ranked 1st in the US. It has a total of 4,698 full-time undergraduate students and is highly competitive, accepting 6.7% of applicants. Massachusetts Institute of Technology offers 114 different majors and is best known for its Computer Science, Mathematics, and Physics programs, which are all nationally ranked 1st. With an annual tuition of $53,450 per year, Massachusetts Institute of Technology is extremely expensive. 90% of students graduate ready to the next phase of their lives, working. After finishing college, alumni go on to generate near $104,700 per year, which is 152% greater than the national median.