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NYU Stern School of Business

The Leonard N. Stern School of Business is located in the center of New York University’s main campus in Manhattan, New York. Along with its full-time MBA program, the school also offers part-time and Executive MBA options. Stern is widely recognized for its collaborative student community and emphasis on developing students’ academic and emotional intelligence, as well as for its large menu of elective course offerings. In addition, Stern’s New York City location helps position it as a popular business school for students aiming to secure post-MBA positions in finance.

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Stern has 339 total faculty members, with more than 150 holding tenured or tenure-track positions. In addition to teaching courses across the school’s nine academic departments and interdisciplinary initiatives, professors help staff Stern’s 11 research centers, which range in focus from digital economy research to entrepreneurship and innovation.

Stern’s full-time MBA program is designed to be completed across four semesters of roughly 14 weeks each. Prior to the official start of classes, some first-year students are selected for a program called Summer Start, which allows students who the adcom feels could benefit from a head start to begin earning credits toward their MBA during the summer. After Summer Start, all first-year students participate in Launch, a two-week orientation period. First-semester courses then begin in early September and continue through mid-December. Following a month-long winter vacation, second-semester courses run from late January through mid-May, with commencement following shortly thereafter. In the summer between the first and second years, students are strongly encouraged to gain professional exposure by completing an internship in their post-MBA target industry.

Upon entering the program, first-year students are divided into six blocks of 60 to 70 people each; each block takes the majority of its core courses together. Blocks are further broken down into study groups of five to six students each that work together to review material and prepare assignments for core courses. Professors at Stern use a variety of teaching methods including lectures, class discussions, group projects, problem sets and guest speakers, among others.

A total of 60 credits, more than half of which are elective courses, are required for graduation. The first year of Stern’s MBA program is devoted mainly to completing core requirements. All students must take the courses Financial Accounting & Reporting and Statistics & Data Analysis and then choose at least five courses from a list of seven that cover topics across operations, finance, economics, decision-making, leadership, marketing and strategy. Students are allowed to waive core courses by proving prior experience in an area or by passing a proficiency exam.

Students may begin taking elective courses in the second semester of the first year. The second year is comprised entirely of electives, except for the required Professional Responsibility course. Stern students have a huge variety of electives to choose from, as the school offers more than 300 elective courses over a two-year period. In addition, students may apply up to five courses at other NYU graduate schools to their MBA degree. The school also provides many opportunities for international study, including semester exchange programs with more than 40 partner schools across the world and one- to two-week intensive courses, called “Doing Business In…,” in over 10 locations worldwide.

To help students tailor their MBA studies to their desired career paths, Stern offers specializations in 24 areas of study. Students may choose up to three specializations, with each specialization requiring students to take about three elective courses in that area of study.

Other MBA Degree Options
In addition to the full-time MBA program, Stern offers part-time MBA programs at its Manhattan and Westchester campuses, as well as an Executive MBA program. The school also recently partnered with the London School of Economics and Political Science and HEC School of Management in Paris to offer the TRIUM Global MBA, a global EMBA program in which students split time between the three schools.
Stern offers a variety of dual degrees in conjunction with other graduate schools at NYU. These include a JD/MBA, an MBA/MFA and an MBA/MPA, among others. Students can also earn two MBA degrees by applying to Stern’s dual MBA program with the HEC School of Management.

Specializations at Stern

  • Accounting
  • Banking
  • Business Analytics
  • Corporate Finance
  • Digital Marketing
  • Economics
  • Entertainment, Media and Technology
  • Entrepreneurship and Innovation
  • Finance
  • Financial Instruments and Markets
  • Financial Systems and Analytics
  • Global Business
  • Law and Business
  • Leadership and Change Management
  • Luxury Marketing
  • Management
  • Management of Technology and Operations
  • Marketing
  • Product Management
  • Quantitative Finance
  • Real Estate
  • Social Innovation and Impact
  • Strategy
  • Supply Chain Management and Global Sourcing

Degree Offerings at Stern
Full-time MBA Program

Part-time MBA Programs
Manhattan campus: Evening and weekend options
Westchester campus: Evening

Executive MBA Programs
Stern-only and global options

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Clubs, Conferences & Competitions
There are plenty of opportunities for students to participate in extracurricular activities at Stern. SGov, Stern’s MBA student government, oversees the school’s nearly 40 student clubs, spanning across professional, community, sports and social interests. On the professional side, one of Stern’s largest clubs is the Entrepreneurs’ Exchange Club, which boasts over 1,000 members and organizes events, such as guest speakers and networking opportunities, and an experiential consulting program. Meanwhile, the Stern Soccer Club travels around the country competing in soccer tournaments against other business schools such as Tuck, Fuqua and Kellogg.

Stern students and staff work to host a variety of conferences and competitions each year. Annual conferences include the Social Entrepreneurship Conference and the Stern Women in Business Conference. The Berkley Center for Entrepreneurship & Innovation also holds three annual business plan competitions—the New Venture Competition, the Social Venture Competition and the Technology Venture Competition—that together award nearly $200,000 to aspiring entrepreneurs.

Campus Space
Stern’s MBA program is headquartered in Kaufman Management Center, which lies near the middle of NYU’s Greenwich Village campus. Renovated in 2009, Kaufman features a variety of amenities, including meeting spaces, lounges, classrooms, a reading room and a café. Bobst Library, NYU’s main library, is home to over five million volumes and located next door. The school reports that many MBA students choose to live off campus, though housing is available in the Palladium, a residential building that houses over 100 Stern graduate business students. Stern also has a location at SUNY Purchase through which it offers one of its part-time MBA programs.

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Career Services
Stern’s Office of Career Development provides MBA students with a two-year Career Development Program, which includes career workshops, résumé reviews, mock interviews and industry panels. Students can also work individually with the Office of Career Development’s career counselors or with second-year MBA Career Coaches who have been trained to advise students on the job search process. Successful alumni also participate in Industry Captains-in-Residence through which they provide full-time students with expert advice and insights. Throughout the MBA program, Stern students are exposed to recruiters through a variety of events, including networking receptions, company presentations and career fairs. On-campus interviews begin in mid-October for second-year students and in early January for first-year students.

Career Statistics
The average starting salary for the Class of 2014 was $ 112,096, with an average signing bonus just above $31,000. The most popular job function for Class of 2014 graduates was consulting, chosen by 30% of students, with investment banking and marketing coming in second at 16% each. Corporate finance, research, and sales and trading were also popular functions among graduates.

Upon graduating, 28% of the Class of 2014 went into the consulting industry, with 27% pursuing investment banking. The next most popular industry was consumer products at 8%. Other well-represented industries included entertainment/media, financial services, and well as luxury and retail.

Eighty-eight percent of the Class of 2014 chose jobs in the U.S. Of those, 79% remained in the Northeast, following the common trend among business schools of placing a large proportion of graduates in the region where it is located. Meanwhile, 9% of 2014 graduates found work in the Western U.S., just over 4% in the Mid-West, 4% in the Mid-Atlantic and less than 1% in the South. For students choosing to work internationally, Asia and Europe were the most popular, claiming 6% and 3% respectively.

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The Class Profile
NYU Stern received 3,890 applications to the Class of 2016, ultimately enrolling 406 students. The average undergraduate GPA of students in this class is 3.52, with the 80% range spanning 3.18 to 3.84. The average GMAT score is 721, and 80% of students scored between 680 and 760.
Twenty-nine percent of students in the Class of 2016 hold undergraduate majors in business and commerce, while 22% majored in the social sciences, 17% in economics, 17% in engineering, math, and science, and 15% in humanities, arts or other. Upon entering the MBA program, students had an average of 4.3 years of work experience. Seventeen percent of the Class of 2016 worked in financial services prior to coming to Stern; other well-represented pre-MBA industries included entertainment, media, and technology at 10%, banking at 10%, consulting and nonprofit at 9%, and arts and education at 8%.

Women make up 36% of the Class of 2016. Thirty-eight percent of students in this class are international or dual citizens, and 11% identify as a member of an underrepresented minority group. Twenty-five percent identify more broadly as minority students.

Application Procedures
Stern offers four rounds of admission, with application deadlines typically in mid-October, mid-November, mid-January and mid-March. In addition to filling out an online biographical form, applicants must submit essays, a résumé, lists of work history and extracurricular activities, and two letters of recommendation. Applicants must also submit transcripts from each academic institution they attended, GMAT or GRE scores, and, if applicable, a TOEFL score and supplemental form for international students. There is a non-refundable application fee of $250. Interviews are conducted on an invitation-only basis and are required for admission to the MBA program.

Applicants who identify as African-American, Hispanic-American, or Native American may also apply to Stern through the Consortium for Graduate Study in Management.

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Although tuition and fees for the 2015-2016 academic year is $63,720, Stern estimates that with additional expenses such as housing and textbooks, students will pay $103,982 in that time. However, the school awards merit-based scholarships to approximately 40% of admitted full-time MBA students, in addition to offering teaching fellowships and graduate assistantships.

There are also a variety of scholarships available through outside organizations. For further financial assistance, U.S. citizens and permanent residents may apply for federal or private loan programs. Stern has partnered with The First Marblehead Corporation and Union Federal Savings Bank to offer loans to international students without a U.S. co-signer.

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Stern’s Round 1 deadline has passed.  Initial notification by December 15, which will be either invitation to interview, waitlist offer or denial of admission. The Round 2 deadline has also passed, initial notification will be February 15, 2016.  The Round 3 deadline is January 15, 2016.



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