NYU Stern Seats Elite MBA Class Of 2025, But Apps Fall Again by: Kristy Bleizeffer on October 05, 2023 | 13,840 Views October 5, 2023 Copy Link Share on Facebook Share on Twitter Email Share on LinkedIn Share on WhatsApp Share on Reddit New York University’s Stern School of Business. While the latest U.S. News & World Report list ranks New York University Stern School of Business as the 10th-best MBA program in the United States, Stern’s MBA Class of 2025 demonstrates an elite academic class that rivals the top schools. Stern’s latest class profile, released October 2, reported an average undergraduate GPA of 3.61 and an average GMAT at 732. That’s higher than the No. 1 school in the U.S. News ranking, the Booth School of Business at the University of Chicago. At Booth, Class of 2025 MBAs had an average GMAT of 728 and an average GPA of 3.60. You can see Booth’s full Class of 2025 profile here. In most categories, NYU’s MBA Class of 2025 holds steady for the stats of the Class of 2024. See table below. BY THE NUMBERS: NYU STERN MBA CLASSES 2021-2025 NYU Stern MBA Class of 2025 MBA Class of 2024 MBA Class of 2023 MBA Class of 2022 MBA Class of 2021 Applications Received 3,075 3,553 3,958 3,652 3,518 Admits 966 962 771 1,059 915 Admission Rate 31% 27% 19% 29% 26% Enrolled 327 324 360 317 359 GMAT Average 732 733 729 723 721 GMAT Range 650-780 640-800 620-770 640-780 600-780 GRE Average 326 325 324 NR NR GPA Average 3.61 3.62 3.59 3.6 3.52 GPA Range 2.96-4.0 3.03-4.0 3.0-4.0 3.01-4.0 2.84-3.99 Women 43% 45% 41% 43% 36% Underrepresented Minority 17% 21% 17% 12% 9% International 48% 44% 32% 32% 33% Countries 46 41 32 30 36 Average Work Experience 5.2 years 5 years 5.1 years 5.2 years 5.2 years Average Age 28 NR 28 28 28 Age Range 21-37 23-42 23-40 22-40 21-39 APPS FALL AGAIN, CLASS SIZE STABLE Applications fell 13.5% from last year to 3,075, among the biggest drop-offs in 2022-2023 of any leading U.S. B-school (see links below for P&Q‘s coverage of this fall’s MBA classes). That’s on top of a 10% decline in apps from the previous cycle and consistent with a downward trend in domestic applications at top-tier U.S. B-schools as schools continued to grapple with fallout from the pandemic and a relatively strong economy kept prospective students in the workforce. For standardized testing, 45% of the class reported GMAT scores, 22% reported GRE scores, and 14% reported scores from the Executive Assessment. Some 6% were granted a test waiver. Stern enrolled a class of 327 MBAs for 2025, up 3 from the Class of 2024. That’s down 9% from two years ago when Stern enrolled 360 for the Class of 2023. Its admission rate of 31% was down slightly from 27% the year before. (Numbers in Stern’s class profiles do not include students in its one-year MBA programs in Fashion and Luxury or its Andre Koo Tech MBA. You can read more about those program class profiles in the links above.) Class of 2025 Class of 2024 Financial Services 26% 24% Consulting 12% 12% Technology 10% 7% Military/Government 8% 8% Entertainment/Media 6% 5% Nonprofit/Arts/Education 6% 6% Healthcare/Pharma 6% 4% Consumer Products/Retail 5% 8% Real Estate 5% 4% Advertising/PR 3% 4% Manufacturing/Trade 2% 3% Law 2% 3% Engineering 2% 1% Energy 1% 2% Other 6% 9% WORK EXPERIENCE AND INDUSTRY No surprise that the greatest share of Stern MBAs (26%) previously worked in financial services. New York City remains the financial center of the world. Financial services is followed by consulting (12%) and technology (10%) which rose from 7% in the previous class. Overall, the Class of 2025 had 5 years of work experience, which is right in line with the previous five classes. In terms of educational background, 27% of the class earned an undergraduate business degree; 27% earned degrees in engineering, math, or science; 21% in social science; 17% in economics; and 10% in humanities, arts, or other. The Class of 2025 is also highly diverse. It reported that 17% of students are underrepresented minorities – U.S. citizens or permanent residents who identify as African American/Black, Hispanic, Native American/Alaskan Native, or Native Hawaiian/Pacific Islander. That compares to 21% for the previous class, but up from 9% for the Class of 2021. Its minority number, which includes Asian Americans and others who identify as non-White and non-Hispanic, is 47%, identical to the last class. Further, 13% of the Class of 2025 have a military background while 13% identify as LGBT+. Forty-eight percent are international students representing 46 countries. DON’T MISS: MEET NYU STERN’S MBA CLASS OF 2024 and NYU STERN TO LAUNCH MIDDLE EAST-BASED ONE-YEAR MBA AND SEE POETS&QUANTS’ COVERAGE OF OTHER LEADING B-SCHOOLS’ MBA CLASSES OF 2025: STANFORD HARVARD CHICAGO BOOTH WHARTON KELLOGG MIT SLOAN DARTMOUTH TUCK YALE SOM VIRGINIA DARDEN DUKE FUQUA CORNELL JOHNSON UCLA ANDERSON USC MARSHALL Continue ReadingPage 1 of 2 1 2