MBA Program Stats Annual Tuition: $83,129 Annual Tuition Non-Resident: $83,129 Acceptance Rate: 27% Full-Time Enrollment: 671 Average GPA: 3.62 Median GMAT: 740 Median GRE: V: 161 / Q: 163 International: 32% Minority: 21% Female: 45% Male: 55% Average Age: 28 What You Need To Know In a city like New York, it’s no wonder Stern has held a great reputation since graduating its first class in 1921. The B-school uses NYC as their classroom, where students are encouraged to take calculated risks and experiment with new ways of problem-solving in the community. The B-School is in the Greenwich Village neighborhood, and as one of the largest business schools, it’s all about the people, with industry leaders and experts teaching the students. “I think the strong sense of community in the large city is something that surprised me most about Stern. Given NYC is such a big city, I assumed going into Stern that many of my peers would have networks of friends in the city already. While many of my classmates and professors do have networks already built in New York, the community at Stern is exceptional. This summer I will be attending many of my Stern classmates’ weddings–I think this just shows how strong the relationships are that you will build at an MBA program like Stern,” says past MBA Brandon Quinn. Academics And Programs Stern accepts on average 340 passionate, collaborative, and community-driven students into the MBA each year. Students are evaluated across three dimensions: academic profile, professional achievements and aspirations, and personal characteristics. Admissions looks for those who possess the core values at Stern: IQ and EQ. Students with a strong EQ are those who revere diversity, inclusion, equity, and belonging of all people and ideas. To ensure that students have a solid foundation in all areas of business starting the 21-month program, the majority of the first year consists of Stern’s core courses such as Financial Accounting & Reporting, Statistics & Data Analysis, and a flex core made up of seven course options. Students’ second year at Stern is focused on electives and specializations. MBAs can choose up to three specializations from more than 20 options and pick elective courses from an impressive 200+ selection. Through experiential learning and cocurricular programming, students gain an understanding of impacting and driving change by building on three foundational pillars — Leadership, Experiential, and Entrepreneurship programming. Students build these skills from the moment they arrive on campus for MBA orientation and then self-select from a menu of options in each area throughout their MBA experience. For example, the Doing Business in… (DBi) courses that give students the chance to study abroad for intensive immersions and the Endless Frontier Labs, a nine-month program focused on maximizing the potential of science and deep technology startups. Why Students Chose “The Fertitta Veterans Program was one of the biggest reasons why I chose Stern. The program gives veterans the opportunity to take two core classes over the summer prior to the start of fall semester. As someone who has been removed from the formal classroom setting for about 10 years now, the opportunity to ease back into learning was extremely appealing. The emphasis Stern places on its military students is second-to-none, and I am very grateful to have been given this incredible opportunity.” Cesar J. Cepeda (‘24) “IQ+EQ. My past work experiences have taught me that becoming a manager requires more than intelligence. Stern’s culture of diversity and inclusion will help me to reach my fullest potential.” Ian Kim (‘24). “NYC is one of my favorite cities, and the thought of living in the epicenter of corporate headquarters, diverse cultures, and the best food scene excites me! NYC exposes you to so many careers; it is the perfect place to explore what you want to do and learn what is out there. Being able to visit companies, network with like-minded peers, and have industry leaders a stone throw away will be a great learning enhancement.” Lana Harfouche (’24) “Stern’s focus on EQ is a big draw for me. In my career, I’ve worked extensively in sales, political advocacy, and education. In these areas, our challenges are human rather than technical, and EQ was critically important for approaching them as people, not puzzles. Developing an emotional connection or an intuitive mutual recognition with a prospect, legislator, or student – or even a co-worker – is far more critical to surmounting challenges at the highest level than are issues of technical know-how. Stern’s EQ-forward program represents a broadening recognition of that fact and the necessity of EQ skills for rising executives.” Joe Geoghegan (’24) “Books and podcasts have helped me learn about venture capital and impact investing, and I’ll very likely take a class on VC funding at Stern. However, I learn best through hands-on experience, and that’s exactly what the NYU Impact Investment Fund (NIIF) offers. NIIF leverages industry expertise to support student investors looking to invest in social enterprises. Students source deals, speak with founders, and conduct due diligence. Having worked at a venture-backed startup prior to Stern, I’m looking forward to participating in NIIF and seeing the other side of the coin.” Deshani Gunathilake (’24) Read More Career Stats Compensation Statistics of Stern MBAs Compensation Statistics 2020 2019 2018 2017 2016 Median Base Salary $ 150,000 $ 140,000 $ 130,000 $ 125,000 $ 125,000 Median Signing Bonus $ 30,000 $ 30,000 $ 30,000 $ 29,000 $ 30,000 NYU Stern MBA Employment Offers Graduate Employment Offers 2020 2019 2018 2017 2016 % of MBAs w/ offer by graduation 83% 90% 89% 83% 87% % of MBAs w/ offer by 3 months post-graduation 92% 95% 94% 91% 87% Industry Choices of NYU Stern MBAs Industry 2020 2019 2018 2017 2016 Consulting 32% 37% 28% 26% 29% Consumer Packaged Products 6% 6% 5% 0% 9% Entertainment/Media/Sports 1% 2% 2% 3% 4% Financial Services 34% 29% 34% 32% 34% Healthcare/Pharma/Biotech 4% 2% 3% 3% 2% Non-Profit / Government / Education 1% 1% 1% 2% 2% Other 4% 4% 6% 17% 7% Real Estate 1% 2% 2% 2% Retail 1% 2% 2% 3% Technology/Communications 17% 15% 17% 17% 10% Where Stern MBAs Went To Work Hiring Firm 2021 2020 2019 Amazon 12 9 Bain & Company 9 Bank of America Merrill Lynch 6 7 Boston Consulting Group (BCG) 13 14 Citi 8 6 Credit Suisse 10 7 Deloitte 11 17 EY-Parthenon 4 14 Goldman Sachs & Co. 6 7 Google 3 6 Guggenheim Partners 6 J.P. Morgan Chase 9 9 McKinsey & Company 16 17 Morgan Stanley 7 PricewaterhouseCoopers 6 9 Strategy& 12 Admissions For NYU Stern From NYU Stern NYU Stern’s programs are deeply connected to industry, with our NYC location being an unmatched asset where the City serves as our classroom and the classroom as a magnet for business leaders. At Stern we are unbound by tradition, agile and bold innovators and frequently, first to market with the skill and will to introduce new ideas. We inspire our students to embrace change in a globally changing world by designing the student experience to be all about transformation, and as a School, we walk the talk. Stern offers three paths to the Full-time MBA: our Full-time, two-year MBA program, which includes a summer internship between the first and second year, is designed for students interested in enhancing their careers or making a career change; and our two Focused, one-year MBA programs are designed for students interested in technology and entrepreneurship or fashion and luxury, bringing together rigorous academics with Stern Solutions experiential learning to provide hands-on exposure to leading companies and organizations. All of our programs are taught by a faculty with wide ranging expertise in a community of inclusion, belonging, diversity and equity. NYU Stern is the place where you will learn to make change your ally. Leveraging our unique NYC location and NYU’s global network, Stern students benefit from an unparalleled level of access to industry leading companies and emerging startups. We equip students with both the mindset and tools to excel in ambiguity and to embrace the change shaping today’s business world. Regardless of sector, we continue to graduate strategists who solve problems and drive results. This is reflected year over year in our strong employment reports. IQ+EQ Our students are smart, self-aware, driven, and thoughtful. At Stern, we seek exceptional individuals who possess and recognize both intellectual and interpersonal strengths. We offer the opportunity for applicants to highlight their EQ in our application through our EQ Endorsements and an interview with a member of the Admissions Committee. Once you’re a Sternie, we further cultivate your EQ through leadership training programs and collaborative coursework so that you graduate with a higher level of emotional intelligence. Stern Solutions Stern Solutions is our designed suite of for-credit courses that empower teams of students and faculty paired together to solve real industry business problems in the field here in NYC and around the globe. Whether advising a multinational firm, investing real money to maximize portfolio return, or building a game-changing venture of your own, Stern Solutions curricula connects you to real opportunities for you to solve. Through our suite of experiential learning courses, Sternies step out into New York City and put ideas into action. Our Stern Solutions projects equip students to navigate a rapidly evolving business world, master ambiguity, and solve real challenges in real time. The projects span all industries and allow you to work with a small group of fellow MBA students for the semester. Most projects are credit-granting and cover a range of disciplines, including: field-based consulting, investment funds, research, and entrepreneurial ventures. New York City Location At Stern, New York City is your classroom, your office, and your playground. Our location in Greenwich Village is unparalleled in terms of access to both midtown and Wall Street, with many of the top banks, consulting firms, tech companies, and media conglomerates just a subway ride away. Right from when you step on campus for orientation, you’ll be immersed in the city and tasked to leverage the city’s energy for a group project. MBA Program Options We offer a variety of options for you to pursue your MBA and encourage you to reach out to the Admissions office and current students in your program of interest to learn more. No matter which MBA you pursue, you will be part of one Stern community that learns from our outstanding faculty and takes part in the same student clubs and organizations. 2-year Full-time MBA: Designed for students who want breadth and depth in their business education. Our most flexible option, you will take the business core classes and then have the opportunity to specialize in up to three areas from a menu of 26 selections. Andre Koo Tech MBA: A focused MBA program for students interested in working in tech and entrepreneurship. The one-year program includes a business core, industry core, required Stern Solutions experiential learning, and an immersion trip to the West coast. Fashion & Luxury MBA: A focused MBA program for students interested in working in the fashion, retail, beauty, and luxury industries. The one-year program includes a business core, industry core, required Stern Solutions experiential learning, and an immersion trip to Europe. Langone Part-time MBA: A flexible option for working professionals to pursue their MBA in the evenings or on Saturdays. Students have up to six years to complete the degree and can specialize in up to three areas from a menu of 26 selections. Dual Degrees: Leverage the broader NYU network through our various Dual Degree programs across our other top graduate schools. Admissions Information Visit our website for deadlines and application information and stay in touch with the Admissions office through our virtual and in-person events. Read More Essay Questions For NYU Stern Stern requires prospective MBAs to answer several questions, the first is not considered an essay question, but students must answer: What are your short-term career goals? (150 words) Essay 1: Change: _________ it (350 word maximum, double-spaced, 12-point font) In today’s global business environment, the only constant is change. Using NYU Stern’s brand call to action, we want to know how you view change. Change: _____ it. Fill in the blank with a word of your choice. Why does this word resonate with you? How will you embrace your own personal tagline while at Stern? Examples: Change: Dare it. Change: Dream it. Change: Drive it. Change: Empower it. Change: Manifest it. Change: [Any word of your choice] it. Essay 2. Describe yourself to the Admissions Committee and to your future classmates using six images and corresponding captions. Your uploaded PDF should contain all of the following elements: A brief introduction or overview of your “Pick Six” (no more than 3 sentences). Six images that help illustrate who you are. A one-sentence caption for each of the six images that helps explain why they were selected and are significant to you. Note: Your visuals may include photos, infographics, drawings, or any other images that best describe you. Your document must be uploaded as a single PDF. The essay cannot be sent in physical form or be linked to a website. Essay 3: Additional Information (optional) (250 word maximum, double-spaced, 12-point font) Please provide any additional information that you would like to bring to the attention of the Admissions Committee. This may include important aspects of yourself not otherwise apparent in your application, current or past gaps in employment, further explanation of your undergraduate record or self-reported academic transcript(s), plans to retake the GMAT, GRE, Executive Assessment, IELTS or TOEFL, or any other relevant information. Student Features For NYU SternMeet NYU Stern’s MBA Class Of 2024Promising class making their mark in the Big AppleMeet NYU Stern’s MBA Class Of 2023An MBA class living in the center of the universeMeet NYU Stern’s MBA Class Of 2022The stories and dreams of the newest MBA students at NYU Stern School FeaturesNYU’s Stern School vs. Columbia Business SchoolAs Frank Sinatra famously sang it, “If you can make it there, you can make it anywhere. It’s up to you, New York, New York.” These two business schools have an almost unnatural advantage in being located in arguably the greatest city in the world.Apps Down & Admits Up In NYU Stern’s MBA Class Of 2024Stern School sets new records for women & GMAT average as international % soarsNYU Stern MBAs Shattered School Pay Records In 2022This year's Stern graduates reported the highest median base salary & average total compensation in school historyNYU Stern’s One-Year Tech MBA: 55% Women, 100% EmploymentWithout an internship, Stern Solutions' high-touch experiential learning courses takes students to top companies on both coasts.Work Authorization Considerations For The International MBA ApplicantA guide to help you understand what you’re up against, and how to succeedThe P&Q Interview: NYU Stern’s Johannes Stroebel, Winner Of The Fischer Black Prize For Financial Research With ImpactThe prize validates Stroebel's primary research topics: climate finance & social capital — both considered risky for a financial research career2023 Best 40-Under-40 MBA Professors: Sabrina T. Howell, NYU Stern School of BusinessCongrats to Sabrina T. Howell of the NYU Stern School of Business for being named a 2023 Best 40-Under-40 MBA Professor.2022 Best 40-Under-40 MBA Professors: Matthew Lee, NYU Stern School of BusinessCongrats to Matthew Lee of NYU Stern School of Business for being named a 2022 Best 40 Under 40 MBA Professor.2022 Best 40-Under-40 MBA Professors: Johannes Stroebel, NYU Stern School of BusinessJohannes Stroebel of NYU Stern is one of the leading researchers studying the economic and financial effects of climate change MBA Watch For NYU SternMBA Watch is where thousands of MBA applicants not only get to tell their story but have John A. Byrne, MBA admissions coaches and our audience, assess their odds of admission and get help to improve their chances of getting in!Mr. Low GPA Over AchieverHello I'm Low GPA Over Achiever, I am from India , specifically the south Indian state of Andhra Pradesh.Mr. Humble Iranian Self Employed BusinessmanI love stargazing, reading about natural selection, and browsing through Option Chains.Mr. Tourist Development Of IndiaI have been working and staying in the unexplored parts of North East India for the last 6 years of my life to uplift the tribal sectors of India.Mr. Mumbai ConsultantConsultant with a knack for numbers and loves problem solving.Mr. Indian Electric TechI was selected straight from campus for Sr.Mr. Asian Veteran6-year US Army veteran, wants to do Part-Time (Weekend) programs.Mr. Beer GuyIts all about impact for me.Mr. Military Officer8-year US Army officer (captain) with experience specializing in both combat arms and public affairs leadership positions.Mr. BioinformaticsI love playing soccer, volunteering and golfing.Mr. Resume & MBA/MS Program GuidanceI would appreciate feedback on my Resume and some guidance on suitable programs without considering my GMAT score since I plan to improve it. Rankings Data For NYU Stern NYU Stern MBA Rankings Year 2022 2021 2020 2019 2018 Poets&Quants 15 13 15 16 16 US News 12 10 10 12 13 Forbes 20 21 20 20 21 Business Week 11 11 13 13 13 Financial Times 9 7 13 13 13 The Economist 13 2 14 14 15 News Coverage For NYU SternNYU Stern To Launch Middle East-Based One-Year MBAIn the full-time program, students will take spring & fall modules in Abu Dhabi and summer modules in New York CityHarvard & Wharton Slump In New 2023 Businessweek MBA RankingStanford's MBA program claims first for the fifth consecutive yearAcceptance Rates & Yield At The Top 50 U.S. MBA ProgramsAcceptance rates rose at elite U.S. B-schools in 2022, but across all 50 P&Q-ranked schools the average rate was similar to 2021 — and some schools got much more selective Average GMAT Scores At The Top U.S. MBA ProgramsAll the score averages for the Class of 2024 at 27 of the leading business schoolsMBA Scholarships At The Leading Business SchoolsAt most top business schools, dozens — and sometimes hundreds — of need- and merit-based awards are available GMAT Versus GRE: Which Top-50 MBA Programs Prefer Which Test?Where a GMAT or GRE score is a must for admission — and where you don't have to worry about sitting for an entrance examThe Unexpected Adventures (And Many Roles) Of An NYU Stern MBAHard work and believing in himself led Peter Egziabher to a career full of adventures. Now he's embarking on the biggest adventure yetNYU Stern Receives Largest Gift In School History: $53.6 MillionAnne Tasca's donation is the largest ever to the Stern SchoolNYU Stern’s One-Year Fashion & Luxury MBA Is One Of A KindStern remains the first & only U.S. B-school to offer an MBA dedicated to the fashion industry 2022 Most Disruptive MBA Startups: TrovBase, New York University (Stern)A data management platform that democratizes researchInside NYU Stern’s Unique Offer To Laid-Off Tech WorkersNew York school waives test requirement for its 1-year Andre Koo Tech MBAAs the World Sterns: Crafting Your Narrative for the MBA InterviewThree questions that sell you to your target schoolStern Part-Time MBA First Look: Meeting Demand For A New Online MBA Option1 in 5 part-time students enrolled at NYU Stern chose the school's new online/modular optionAt NYU Stern, A New Highly Introspective Course For MBAs Has A Famous TeacherSuzy Welch, the widow of legendary GE CEO Jack Welch, is now teaching at NYU SternIt’s My Stern: My Favorite Things From Business SchoolA look back at the best of business school‘Fintech Is Remaking Finance’: Inside NYU Stern’s New DegreeNew one-year, $83K specialized master's program will accept first cohort in May 2023