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 $71,676 per year. The total cost of the NYU Stern MBA program is $113,166 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 23%. 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 716.

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 716. The GMAT middle 80% range is 660 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 5.3 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 5.3. 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 $129,059 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. 2 Years. 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, 2019. The Round 2 application deadline is November 15, 2019. The Round 3 deadline is January 15, 2020. The Round 4 deadline is March 15, 2020.

What percent of NYU Stern MBA students are women?

The percentage of the class at NYU Stern that are women is 35%.

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 non-blind, meaning the interviewer will have read your application, or reviews of your application.

Admissions

NYU Stern Class Profile

NYU Stern received 3,781 applications to the Class of 2020, ultimately enrolling 370 students. The average undergraduate GPA of students in this class is 3.45, with the 80% range spanning 3.12 to 3.80.  The average GMAT score is 716, and 80% of students scored between 660 and 760. 

Twenty-seven percent of students in the Class of 2020 hold undergraduate majors in business, while 22% majored in engineering, math, and science, 20% in economics, 16% in the social sciences, and 15% in humanities, arts or other. Upon entering the MBA program, students had an average of 5.3 years of work experience. Twenty-five percent of the Class of 2020 worked in financial services prior to coming to Stern; other well-represented pre-MBA industries included consulting at 13%, technology at 9%, the military and government at 7%, consumer products and retail at 6%, and nonprofit, arts and education at 6%.

Women make up 35% of the Class of 2020. Thirty-nine percent of students in this class are international or dual citizens, and 13% identify as a member of an underrepresented minority group. Twenty-nine 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.

Application Checklist

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

Interview Reports

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

Interviewed with a member of the adcom on campus in March. Application-based interview. The interviewer started off by saying that they had seen my application and wanted to get to know me better. We discussed where I was from and what I liked most about NYC. Questions After reading other interview reports from Stern, I […]

NYU Stern MBA Interview Questions & Report: Round 1 / Adcom / Off-Campus Hub

My interview took place in Mumbai, India. I had applied to Stern in Round 1, but their policy is to interview all R1 and R2 candidates in India at one go in March. The interview was perfectly timed to 30 minutes. My interviewer was a member of the admissions committee, and told me that she […]

NYU Stern MBA Interview Questions & Report: Round 3/ Adcom Off-campus

My interview at NYU Stern was application based and taken by member of admission committee. The interviewer was courteous and attentive. After exchanging pleasantries, straightforward started with the questions based on resume first and then moved on to the application questions. Questions asked Describe career progress as highlighted by resume. Major projects handled and leadership […]

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

NYU Stern MBA Interview Questions and report by a Round 1 applicant on-campus Showed up to the admissions office, and was greeted by the receptionist who hands you a folder containing lots of information regarding professional and extracurricular offerings, plus customized affinity group flyers for organizations you indicated interest in on your application (i.e. Stern […]

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

The following NYU / Stern interview questions and report were submitted to Clear Admit by a Round 1 MBA applicant. Good luck to them! I interviewed for Stern Tech MBA program last month on campus. The entire interview process is pretty conversational, and lasts for 30 mins with admission. Interview Questions: 1. Tell me about yourself/experience 2. Post […]

NYU Stern Interview Questions & Report: R2 / Adcom / Off-Campus interview in Mumbai

The following NYU / Stern interview questions and report were submitted to Clear Admit by a Round 2 MBA applicant. Good luck to them! The interviewer (Associate Director of Admissions) started off with normal talks: how are you, where are you from, what do you love about this city etc.? Then he asked me about my interests and […]

NYU Stern Interview Questions & Report: Round 2 / AdCom / Off-Campus Hub

The following NYU / Stern interview questions and report were submitted to Clear Admit by a Round 2 MBA applicant. Good luck to them! The interview was held at a popular hotel in the city. The Adcom member was very friendly and was eager to listen to my stories. He had read my application thoroughly. I did most […]

Submit a Chicago / Booth, Berkeley / Haas, Stanford GSB, INSEAD or LBS Interview Report – Receive a $10 Amazon Gift Card

If you’re interested in sharing your MBA interview experience, we are awarding a $10 Amazon gift certificate to each applicant who submits an MBA interview report for Chicago / Booth, Berkeley / Haas, Stanford GSB, INSEAD or LBS by midnight EST on Sunday, February 25, 2018. To be eligible for the $10 gift card and the contest, please include the following information […]

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

The following NYU / Stern interview questions and report were submitted to Clear Admit by a Round 2 MBA applicant. Good luck to them! Once you schedule an interview, you have access to signing up for a class visit and lunch with a current student. I would recommend doing at least lunch before your interview. Helped give me […]

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

The following NYU / Stern interview questions and report were submitted to Clear Admit by a Round 1 MBA applicant. Good luck to them! Interviewed in mid-November on campus. Before the interview I arrived the day before my interview to attend campus tour, student chat, and class visit. I highly recommend doing a whole day of on-campus activities […]

Nyu-stern Q&As

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 […]

Career Services Director Q&A: NYU Stern Assistant Dean of Career Services Beth Briggs

NYU Stern School of Business earlier this month shared highlights from its Class of 2017 MBA Employment Report, revealing that Amazon hired more Stern graduates than any other company. It marked the first time that a technology company topped the school’s list of leading employers and is reflective of an overall trend of increasing numbers […]

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 25 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
• 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
Manhattan campus: Evening and weekend options
http://www.stern.nyu.edu/programs-admissions/part-time-mba-nyc
Westchester campus: Evening
http://www.stern.nyu.edu/programs-admissions/part-time-mba-westchester

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 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.

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 2018 was $129,059, with an average signing bonus just above $35,637. The most popular job function for Class of 2018 graduates was consulting, chosen by almost 37% of students. The function of financial services claimed nearly 35% of students. Corporate finance, research, and sales and trading were also popular functions among graduates. 

In regards to industry, financial services led the stats with 34% of graduates.  Consulting was the next most popular industry, as 28% of the Class of 2018 joined it. Technology followed at nearly 17%. Another well-represented industry was consumer packaged goods and the remainder of the class spread across non-profit, media/entertainment and other industries.  

Nearly 93% of the Class of 2018 chose jobs in the U.S. Of those, almost 78% 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, 13% of 2018 graduates found work in the Western U.S., just under 2% in the Mid-West, 2% in the Mid-Atlantic and 3% in the South and Southwest each. For students choosing to work internationally, Asia and Europe were the most popular, claiming 4% and 2% respectively.

Financing

Although tuition and fees for the 2018-2019 academic year is $75,850, Stern estimates that with dditional expenses such as housing and textbooks, students will pay $113,166 in that time. However, the school awards merit-based scholarships to approximately 20% 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 (2018-2019)

• Tuition $71,676
• Registration Fees $4,174
• Room & Board $26,024
• Books & Supplies $1,980
• Transportation $1,100
• Loan Fees $218
• Miscellaneous $7,984
• Total $113,166

Recent NYU Stern News

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NYU Stern to Host Free Webinar on September 24th – “Which MBA is Right for Me?”

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Real Humans of NYU Stern’s MBA Class of 2021

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

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