NYU Stern School of Business

FAQ

What is the tuition for NYU Stern’s MBA program?

The tuition for NYU Stern’s MBA program is $76,780 per year. The total cost of the NYU Stern MBA program is $119,251 per year; this includes budgeted living expenses.

How hard is it to get into NYU Stern’s MBA program?

The acceptance rate for NYU Stern is 29%. It is important to consider the acceptance rate in the context of the student profile of those who are admitted. For example the average GMAT score is 721.

What is the average GMAT score for admission to NYU Stern’s MBA program?

The average GMAT score for the incoming class at NYU Stern is 721. The GMAT middle 80% range is 690 to 760.

Does the NYU Stern MBA program accept the GRE?

Yes. The NYU Stern MBA program has accepted the GRE for a few years now.

What is the minimum number of years of work experience required for admission to NYU Stern’s MBA program?

NYU Stern does not state a minimum requirement for years of work experience. However, it is important for candidates to be aware that they are being considered against other candidates with an average of 5.2 years of experience.

What is the average number of years of work experience for admission to NYU Stern’s MBA program? (or, What is the average age of a NYU Stern student?)

The average number of years of work experience among students in NYU Stern’s MBA program is 5.2. The average age of a NYU Stern MBA student is 28 years.

What is the average starting salary for graduates of the NYU Stern MBA program?

The average starting salary for NYU Stern MBA graduates is $135,299. The salary will vary by industry, with consulting and finance jobs generally commanding the higher salaries.

How long is NYU Stern’s full-time MBA program?

NYU Stern offers a traditional 2 year MBA program. NYU Stern also has a one year Tech MBA and a one year Fashion & Luxury MBA.

What are the application deadlines for NYU Stern’s MBA program?

The Round 1 MBA application deadline is October 15, 2020. The Round 2 application deadline is November 15, 2020. The Round 3 deadline is January 15, 2021. The Round 4 deadline is March 15, 2021.

What percent of NYU Stern MBA students are women?

The percentage of the class at NYU Stern that are women is 43%.

What type of interview does NYU Stern use for MBA admissions?

NYU Stern offers interview by invitation, once the initial application is reviewed. The interviews are application-based, meaning the interviewer will have read your application or reviews of your application.

Admissions

NYU Stern Class Profile

NYU Stern received 3,652 applications to the Class of 2022 and admitted 1,059 applicants, meaning they had an acceptance rate of 29% this year. 317 students ultimately enrolled. The average undergraduate GPA of students in this class is 3.60, with the 80% range spanning 3.33 to 3.88 and 100% spanning 3.01 to 4.0. The average GMAT score is 723, and 80% of students scored between 690 and 760.

Twenty-nine percent of students in the Class of 2022 hold undergraduate degrees in business, while 23% majored in engineering, math, and science, 20% in the social sciences, 14% in economics, and 14% in humanities, arts or other.  Upon entering the MBA program, students had an average of 5.2 years of work experience.  Twenty-seven percent of the Class of 2022 worked in financial services prior to joining Stern; other well-represented pre-MBA industries included consulting at 10%, technology and nonprofit/arts/education at 8% each, consumer products/retail and entertainment/media at 7% each. Another 4% each came from military/government, healthcare, advertising/PR.

Women make up 43% of the Class of 2022—a six percent increase over last year.  Thirty-two percent of students in this class are international or dual citizens, and 12% identify as a member of an underrepresented minority group.  Thirty-two percent—up from 24% last year—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, GRE or Executive Assessment (EA) scores, and, if applicable, a TOEFL or IELTS 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.

Application Checklist

• Data Forms 
• GMAT/GRE/EA/TOEFL/IELTS score(s)
• Academic Transcripts
• Résumé
• Essays
• Recommendation Letters
• Application fee

Interview Reports

NYU Stern Interview Questions & Report: Round 3 / AdCom / Zoom

The interview was conducted via Zoom due to the COVID-19 pandemic. The interviewer was a member of AdCom who was very friendly. Overall, the interview had a very conversational tone and was not stressful at all. We mostly covered standard business school questions and there were very few behavioral questions, but this could be because […]

NYU Stern Interview Questions & Report: Round 3 / Adcom / Skype

The interview was quite short. The interviewer started off with small talk. She was very friendly and casual. She asked about an undergrad experience, my thoughts behind each career transition, why now, how to achieve my post-MBA goal, what surprised me. She also took a couple of questions from me. The whole conversation ended in […]

NYU Stern Interview Questions & Report: Round 3 / Adcom / Skype

The interview went just as what the reports on Clear Admit said. It was very conversational and had a lot of questions about the working experience, career choice and recruitment strategy. And it was not a blind interview. Ice breaker, about pack six (essay). Working experience, the reason of career switch. About project experience on […]

NYU Stern Interview Questions & Report: Round 3 / Adcom / Skype

I had the interview via Skype with an adcom member. It was much more informal than I expected. Yet, the questions were centered around my career goals and recruitment strategy. Initial question about my pick six Two key highlights from my resume One example showing that I could derive insights from data How do you […]

NYU Stern Interview Questions & Report: Round 2 / Adcom / On-Campus

The interview was with adcom and it was application-based. The interview was very tailored to my application, resume, and interests. They already had a clear idea of who I was, but wanted to know more about the “why” behind my interests. It was a 30-minute interview and was fairly casual, very conversational. It was a […]

NYU Stern Interview Questions & Report: Round 3 / AdCom / On-campus

I interviewed on campus with a member of the admissions team. Flew in the day before so spent time around campus before the interview. I highly, highly, highly recommend getting to campus for your interview or before to get a feel – and this is especially true for Stern, which has a different vibe being […]

NYU Stern Interview Questions & Report: Round 3 / Adcom / On-Campus

I interviewed on February 27th as part of the Women’s Interview Day. Interviews were held in the morning and then there was programming afterward. I really enjoyed the opportunity to meet other women as part of the event after my interview. My interview was held in a small private room at the Henry Kaufman Management […]

NYU Stern Interview Questions & Report: Round 1 / Adcom / On-Campus

Interview was not casual and felt very formal. Interviewer had read my entire application. The interviewer had a set of typical questions (Why an MBA, why Stern, what extracurriculars would you be involved in, what would you do if you didn’t get an MBA, what employers would you like to work for), but also included […]

NYU Stern Interview Questions & Report: Round 2 / Adcom / On-Campus

If you interview on Diversity Days or Women’s Day, you may interview with an Alum and your experience may be different. With the regular scheduled Adcom interviews, the important thing to note is that this is not a blind interview. They know everything about you. They read your resume, your essays, looked at your Pick […]

NYU Stern Interview Questions & Report: Round 2 / Adcom / On-Campus

There was an interviewer and an observer. I was greeted by the receptionist and given an NYU T-shirt. I signed up for a class visit and lunch with current students which provided some talking points and in-depth knowledge of Stern. The questions included: Tell me about your college experience Give highlights of your work experience […]

Nyu-stern Q&As

Admissions Director Q&A: Lisa Rios of NYU Stern School of Business

Lisa Rios, the Executive Director of MBA Admissions at NYU Stern, joins us in this Admissions Director Q&A to cover the hallmarks of the Manhattan-based MBA program. A member of the admissions team since 2008, Rios works with the Full-time MBA programs. Prior to Stern, she worked in industry at JP Morgan Chase and Liz […]

Admissions Director Q&A: Lisa Rios of the NYU Stern School of Business

We continue with our Admissions Director Q&A series in the ever-bustling New York City.  Lisa Rios, executive director of MBA admissions at the NYU Stern School of Business, fills us in on exciting new developments at the school, what applicants should consider about the application process and plenty more.  Lisa has been a member of […]

NYU Stern Reinstates November Deadline Amid Other Slight Shifts, Maintains Popular “Pick Six” Essay

NYU Stern School of Business today becomes the latest school to share its 2018-2019 MBA admissions deadlines and essay questions, including a few changes from last year. We caught up with Isser Gallogly, Stern associate dean, MBA admissions and program innovation, to get the latest. Here’s what we learned. For starters, Gallogly and his team […]

Nyu-stern LiveWire and DecisionWire

Academics

Faculty

Stern has 337 total faculty members, with more than 150 holding tenured or tenure-track positions. In addition to teaching courses across the school’s 10 academic departments and programs, professors help staff Stern’s 15 research centers and initiatives, which range in focus from digital economy research to entrepreneurship and innovation.

Curriculum

Stern’s full-time MBA program is designed to be completed across four semesters of roughly 14 weeks each. 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 early February 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 200 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 26 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. In May 2017, Stern announced the introduction of two brand-new MBA formats: the Tech MBA and the Fashion & Luxury MBA, welcoming the inaugural classes in May 2018. 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
• FinTech
• Global Business
• Healthcare
• Law and Business
• Leadership and Change Management
• Luxury Marketing
• Management
• Management of Technology and Operations
• Marketing
• Product Management
• Quantitative Finance
• Real Estate
• Strategy
• Supply Chain Management and Global Sourcing
• Sustainable Business and Innovation

Degree Offerings at Stern

Full-time MBA Program
http://www.stern.nyu.edu/programs-admissions/full-time-mba

Part-time MBA Programs
Accelerated Two-Year, Flexible Weeknight, and the Saturday options
https://www.stern.nyu.edu/programs-admissions/mba-programs/part-time-mba-manhattan/program-options

Tech MBA
http://www.stern.nyu.edu/programs-admissions/tech-mba

Fashion & Luxury MBA
http://www.stern.nyu.edu/programs-admissions/fashion-luxury-mba

Executive MBA Programs
Stern-only and global options
https://execed.stern.nyu.edu/

Campus Life

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 more than 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 Group, 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 W.R. Berkley Innovation Lab also holds three annual business plan competitions—$300K Entrepreneurs Challenge, the Social Venture Competition and Mission: Appossible —that together award hundreds of thousands of dollars in cash prizes and grants 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 nearly six 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.

MBA Careers

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 early-October for second-year students and in early January for first-year students.

Career Statistics

The average starting salary for the Class of 2019 was $135,299, with an average signing bonus just above $38,214.  The most popular job function for Class of 2019 graduates was consulting, chosen by over 45% of students.  The function of financial services claimed nearly 31% of students.  Corporate finance, research, and sales and trading were also popular functions among graduates.

In regards to industry, consulting again led the stats with 37% of graduates.  Financial services was the next most popular industry, as just over 29% of the Class of 2019 joined it.  Technology followed at 15%.  Another well-represented industry was consumer packaged goods and the remainder of the class spread across non-profit, media/entertainment and other industries.

Over 90% of the Class of 2019 chose jobs in the U.S.  Of those, almost 75% 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, 15% of 2019 graduates found work in the Western U.S., just under 2% in the Midwest, 4% in the Mid-Atlantic and 2% in the Southwest and 1% in the South.  For students choosing to work internationally, Asia and Europe were the most popular, claiming 6% and nearly 3%, respectively.

Financing

Although tuition and fees for the 2020-2021 academic year is $81,123, Stern estimates that with additional expenses such as housing and textbooks, students will pay $119,251 in that time.  However, the school awards merit-based scholarships to approximately 20 to 25 percent 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 MPower Financing and Prodigy Finance to offer loans to international students without a U.S. co-signer.

Cost of Attendance (2020-2021)

• Tuition $76,780
• Registration Fees $4,343
• Room & Board $26,804
• Books & Supplies $1,980
• Transportation $1,110
• Loan Fees $216
• Miscellaneous & Health Insurance $8,018
• Total $119,251

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