McCombs School of Business | Ms. Second Chances
GRE 310, GPA 2.4
Rice Jones | Mr. Back To School
GRE 315, GPA 3.0
Cornell Johnson | Mr. IT To IB
GMAT 660, GPA 3.60
Stanford GSB | Mr. Entrepreneurial Bassist
GMAT 740, GPA 3.61
Kellogg | Mr. Green Business
GMAT 680, GPA 3.33; 3.9 for Masters
Duke Fuqua | Ms. Account Executive
GMAT 560, GPA 3.3
NYU Stern | Mr. Military Officer
GRE In Progress, GPA 2.88
Kellogg | Mr. Real Estate Finance
GMAT 710, GPA 3.0
Kellogg | Mr. Finance To Education
GMAT 730, GPA 3.4
Stanford GSB | Ms. Artistic Engineer
GMAT 730, GPA 9.49/10
Emory Goizueta | Mr. Multimedia
GRE 308, GPA 3.4
UCLA Anderson | Mr. Commercial Banker
GMAT 700, GPA 3.3
IU Kelley | Mr. Construction Manager
GRE 680, GPA 3.02
Harvard | Mr. Healthcare Fanatic
GMAT 770, GPA 3.46
Harvard | Mr. Sovereign Wealth Fund
GMAT 730, GPA 3.55
Harvard | Mr. Smart Operations
GMAT 760, GPA 4.0
Darden | Mr. Strategy Manager
GRE 321, GPA 3.5
Ross | Mr. Airline Engineer
GMAT 730, GPA 3.73
Stanford GSB | Mr. Corporate VC Hustler
GMAT 780, GPA 3.17
Wharton | Mr. Marketing Director
GMAT 710, GPA 3.3
Ross | Ms. Healthcare Startup
GRE 321, GPA 3.51
Georgetown McDonough | Ms. Air Force
GMAT 610, GPA 3.8
Stanford GSB | Mr. JD To MBA
GRE 326, GPA 3.01
Harvard | Mr. MacGruber
GRE 313, GPA 3.7
Berkeley Haas | Mr. Poet At Heart
GMAT 740, GPA 3.7
Yale | Mr. Ukrainian Biz Man
GRE 310, GPA 4.75 out of 5
Darden | Mr. Former Scientist
GMAT 680, GPA 3.65

Average GMATs Up Five Points At NYU Stern

Students outside NYU’s Stern School of Business in Greenwich Village.  Stern photo

New York University’s Stern School of Business is reporting a five-point rise in the average GMAT score for this year’s entering class of full-time MBA students. The school says that the average GMAT reached 721, up from 716 a year earlier, with a low score of 600 and a high of 780.

Stern is among the first schools to report a class profile this year. If rival MBA programs hold their own on GMAT scores from last year, Stern’s 721 would place the school 11th among the highest average GMATs for an entering class, right behind Dartmouth Tuck (722), Yale SOM (724), and Berkeley Haas (726).

The school also reported an increase in the average grade point average of its newest crop of MBA students. The average undergraduate GPA rose to 3.52, from 3.45 a year earlier, with the lowest score being 2.84 and the highest at 3.99.

The scores were disclosed yesterday (July 20th) with the publication of Stern’s Class of 2021 profile. The school was able to achieve the increase in both GMAT and GPA stats even as applications declined by 5.4% to 3,518 from 3,718 the prior year.

ACCEPTANCE RATE RISES OF 26% DUE TO APPLICATION DECLINE

The application decline, following last year’s 3.7% drop, pushed the school’s acceptance rate to 26%, a three percentage point increase from 23% a year earlier. It also had an impact on the school’s entering class size of 359, down slightly from the 370 enrolled the previous year. These numbers do not include the 358 applicants to Stern’s one-year accelerated MBA programs in technology and fashion and luxury (see Stern Achieves Gender Parity In Tech MBA).

The increase in the quality of the newest students—as measured by GMAT and GPA scores—comes as the school posted a slight increase in women in the class, 36% vs. 35%, while military and active duty students held strong at 7% of the class for the third year in a row since the launch of the Fertitta Veterans Program. Roughly 33% of the class from 36 countries is composed of students with international citizenship. Underrepresented minorities account for 9% of this year’s entering class.

The GMAT increase, while significant for a single year, brings Stern back to the average posted five years ago in 2014. Since then, average GMATs at Stern have ranged from a low of 710 in 2016 to this year’s high of 716 (see Average GMAT Scores At The Top 50 Business Schools). The school said that 75% of its enrolled students entered with only a GMAT. Some 17% got in with a GRE score, while 3% submitted both GMAT and GRE results. Another 5% were accepted with an LSAT, MCAT or DAT score.

28% OF NEW MBA STUDENTS HAIL FROM FINANCIAL SERVICES

While the average age of a new Stern MBA is 28, the ages of the students range from 21 to 39, with 97% of the class having work experience. The average years of work experience is 5.2 years, with a high of 14 years and a low of zero.

The single biggest chunk of students—28%—come from financial services,  while 11% hail from consulting and 9% from technology.

Students with work experience in the consumer products and retail industries make up 7% of the class, the same percentage as students who brought experience from the nonprofit, arts and education fields.

Real estate as well as entertainment and media each accounted for 4% of the class, while law, advertising and PR, and healthcare and pharmaceuticals each reflect 3% of this year’s entering MBA students.

The largest group of students—30%—have undergraduate degrees in business, followed by 22% with degrees in engineering, math or science. Some 19% of the new students have a degree in social science, 15% in economics, and 14% in the humanities or arts.

DON’T MISS: STERN ACHIEVES GENDER PARITY IN ITS ONE-YEAR TECH MBA or MEET NYU’S STERN MBA CLASS OF 2020

About The Author

John A. Byrne is the founder and editor-in-chief of C-Change Media, publishers of Poets&Quants and four other higher education websites. He has authored or co-authored more than ten books, including two New York Times bestsellers. John is the former executive editor of Businessweek, editor-in-chief of Businessweek. com, editor-in-chief of Fast Company, and the creator of the first regularly published rankings of business schools. As the co-founder of CentreCourt MBA Festivals, he hopes to meet you at the next MBA event in-person or online.