Harvard | Mr. Financial Services
GMAT 750, GPA 3.8
Chicago Booth | Ms. RA For MBA
GMAT 710, GPA 3.80
Stanford GSB | Mr. African Entrepreneur
GRE 317, GPA 2.6
Stanford GSB | Mr. Tesla Intern
GMAT 720, GPA 3.9
Wharton | Mr. Social Impact CPA
GMAT 740, GPA 3.5
Berkeley Haas | Mr. Looking To Learn
GMAT 760, GPA 3.0
Wharton | Mr. Infrastructure
GMAT 770, GPA 3.05
Chicago Booth | Mr. Asian Veteran
GRE 315, GPA 3.14
Stanford GSB | Ms. Artistic Engineer
GMAT 730, GPA 9.49/10
Cornell Johnson | Mr. Emporio Armani
GMAT 780, GPA 3.03
Harvard | Mr. Future Gates Foundation
GMAT 720, GPA 7.92
Harvard | Mr. Amazon Manager
GMAT 740, GPA 3.2
Harvard | Mr. MBB Consultant
GMAT 730, GPA 3.9
USC Marshall | Mr. Utilitarian Mobility
GMAT 740, GPA 2.67
McCombs School of Business | Ms. Second Chances
GRE 310, GPA 2.5
Duke Fuqua | Ms. Account Executive
GMAT 560, GPA 3.3
MIT Sloan | Mr. Data Mastermind
GMAT N/A; will be taking in May, GPA 3.6
London Business School | Mr. Aussie Analyst
GMAT 680, GPA 3.3
Darden | Mr. Sustainable Real Estate
GRE SAT 1950 (90th Percentile), GPA 3.7
Stanford GSB | Mr. Entrepreneurial Bassist
GMAT 740, GPA 3.61
Cornell Johnson | Mr. IT To IB
GMAT 660, GPA 3.60
Harvard | Ms. Lucky Charm
GMAT 690, GPA 3.2
Tuck | Ms. Green Biz
GRE 326, GPA 3.15
Harvard | Ms. URM
GRE 325, GPA 3.6
Chicago Booth | Mr. Stay Involved
GMAT 730, GPA 3.4
Rice Jones | Mr. Back To School
GRE 315, GPA 3.0
Kellogg | Mr. Green Business
GMAT 680, GPA 3.33; 3.9 for Masters

MBA Salaries Jump 12% To New Record At NYU Stern

The inaugural cohort of Stern’s Fashion & Luxury MBA drew beauty, fashion, consulting and retail technology employers looking for specialized industry expertise and generalized management skills. NYU Stern photo

Things have looked pretty solid on the internship front for Stern MBA students over the last three summers. In that span, more than half of MBAs (50.6%) secured their interviews through school-facilitated interviews, while just under a quarter — 23.3% — got their summer gigs through on-campus postings. For the Class of 2019, 100% of students seeking internships secured them. In the Class of 2020, more than 86% found their summer internship directly through a Stern-supported activity.

Source: NYU Stern

Top internship employers of Stern MBAs in the summer of 2019 were JPMorgan and McKinsey with 16 each, followed by Amazon with 15, Deloitte with 14, and BCG and Credit Suisse with 12 apiece. Last year the top internship employers were Amazon (18), Deloitte (16), PwC (15), and BCG and McKinsey, each with 14 interns.

Intern pay has risen as well. While far fewer Stern MBA students sought internships in the summer of 2019 (337, down from 384 the year before, a more than 12% decline), those who did were paid about 12% more per week: $2,388 compared to last summer’s $2,133. U.S. citizens and and permanent residents and those with work authorizations made only slightly more than internationals, $2,393 over $2,376; that’s a year-to-year increase of 11.8% for the former and 13% for the latter.

CHECKING IN WITH GRADS OF STERN’S 1-YEAR MBA PROGRAMS

Simultaneously with the release of its 2019 full-time MBA employment report, the Stern School published a preliminary update on its two new one-year MBA programs, the Andre Koo Technology and Entrepreneurship MBA and the Fashion & Luxury MBA, whose first cohorts graduated in May 2019. The school is “continuing to track hiring for these new one-year programs” but reports that most grads of the Andre Koo program (31%) went into project management, followed by management consulting (13.8%), business development/sales (13.8%), data analytics (10.3%), and general management (10.3%).

Nearly all — 93.5% — accepted offers or started their own businesses by three months post-graduation. They made an average full-time salary of $129,015 and received average an average signing bonus of $26,345.

“Last year, we welcomed the inaugural cohorts of Stern’s focused full-time MBA programs: the Andre Koo Technology and Entrepreneurship MBA and the Fashion & Luxury MBA, which drew both existing and new recruiters to campus,” Beth Briggs says. “For the Andre Koo Tech MBA, industry outcomes we’ve tracked so far are diverse and include technology, financial services and healthcare. Students have accepted job offers in tech functional roles ranging from product and program management, to technical solutions, data analytics, operations and strategy. They are choosing companies that suit their career goals, from dynamic startups to firms such as Amazon, American Express, Uber, and Microsoft.”

Source: NYU Stern Andre Koo Technology and Entrepreneurship MBA Employment Update

Most grads of the Fashion & Luxury MBA went into general marketing (25%), retail consulting (12.5%), brand management (12.5%), general management (12.5%), or merchandising (12.5%). Nearly two-thirds, 61.5%, accepted offers or started their own businesses by three months post-graduation; they made an average full-time salary of $116,517, and received an average signing bonus of $20,833.

“For the Fashion & Luxury MBA program, students are securing roles at a pace that matches the nature of this networked and just-in-time hiring sector,” Briggs says. “They will be working in verticals such as beauty, fashion, consulting and retail tech with companies including Coach, L’Oréal, Macy’s, Tom Ford, and more.”

Source: NYU Stern Fashion & Luxury MBA Employment Update

See the next page for more data from the 2019 NYU Stern School of Business employment report.