MIT, with five schools and one college which contain a total of 32 departments, is traditionally known for its research and education in the physical sciences and engineering, and more recently in biology, economics, linguistics, and management as well. The "Engineers" sponsor 31 sports, most teams of which compete in the NCAA Division III's New England Women's and Men's Athletic Conference; the Division I rowing programs compete as part of the EARC and EAWRC.
MIT is often cited as among the world's top universities. As of 2014, 81 Nobel laureates, 52 National Medal of Science recipients, 45 Rhodes Scholars, 38 MacArthur Fellows, 34 astronauts, and 2 Fields Medalists have been affiliated with MIT. The school has a strong entrepreneurial culture, and the aggregated revenues of companies founded by MIT alumni would rank as the eleventh-largest economy in the world.