MaterialModule depreciated in version 2.0.0-beta.3 and it was removed completely in version 2.0.0-beta.11. See this CHANGELOG for more details. Please go through the breaking changes. 
MaterialModule has been removed and is no longer available. As noted
  in the changelog for beta.3, an aggregate module like MaterialModule
  prevents tools from being able to treeshake unused components and
  modules.
Also, with 2.0.0-beta.11 and greater, update your angular version to 4.4.3 or greater. Material 2.0.0-beta.11 depends on 4.4.3 or greater. Feom the CHANGELOG: 
Breaking changes 
  Angular Material now requires Angular 4.4.3 or greater
Now you have two options:
- Dowgrade to 2.0.0-beta.10
- Include individual material component modules in order to use them in your app. 
In second case, 
import { MatSelectModule, MatButtonModule } from '@angular/material';
...
imports: [ 
    ....
    MatSelectModule,
    MatButtonModule
]
Lastly, remeber that since 2.0.0-beta.12 the Md prefix has been removed and you should use Mat prefix everywhere. From the CHANGELOG of 2.0.0-beta.11:
For beta.11, we've made the decision to deprecate the "md" prefix
  completely and use "mat" moving forward. This affects all class names,
  properties, inputs, outputs, and selectors (CSS classes were changed
  back in February). The "md" prefixes will be removed in the next beta
  release.
And from the CHANGELOG of 2.0.0-beta.12:
Breaking Changes 
  All "md" prefixes have been removed.
See this working StackBlitz demo with individual material modules and using Mat prefix.