What Does MIT Mean?
MIT is an abbreviation for a famous engineering university in Cambridge, known as Massachusetts Institute of Technology. The private US University is known for training in technology and research. The hallmark of the university lies in the curriculum for physical sciences and engineering. Other than these, MIT is also strong in providing education in areas like economics, linguistics, philosophy, urban studies and political sciences. There are facilities like geophysical observatories, a space research centre, a computation centre, a nuclear reactor, an AI (artificial-intelligence) centre, a linear accelerator, an international studies centre, a cognitive science centre and astrophysical observatories which make up the elegance of the MIT MIT in financial parlance stands for Market If Touched, which means an order to buy or sell a stock when a certain price is reached.
