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.
FAQ
What is the tuition for NYU Stern's MBA program?
The tuition for NYU Stern's MBA program is $82,326 per year. The total cost of the NYU Stern MBA program is $123,253 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 varies. For the class entering in 2021, the NYU Stern acceptance rate was 19%. For the entering class in 2022, the NYU Stern acceptance rate was 27%. 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 733.
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 733. The GMAT middle 80% range is 700 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 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.
What is the average starting salary for graduates of the NYU Stern MBA program?
The average starting salary for NYU Stern MBA graduates is $161,475. 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 September 15, 2022. The Round 2 application deadline is October 15, 2022. The Round 3 deadline is January 15, 2023. The Round 4 deadline is March 15, 2023.
What percent of NYU Stern MBA students are women?
The percentage of the class at NYU Stern that are women is 45%.
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 3,553 applications to the Class of 2024 and admitted 962 applicants, meaning they had an acceptance rate of 27% this year. 324 students ultimately enrolled. The average undergraduate GPA of students in this class is 3.62, with the 80% range spanning 3.34 to 3.89 and 100% spanning 3.03 to 4.0. The average GMAT score is 733, and 80% of students scored between 700 and 760.
Twenty-seven percent of students in the Class of 2024 hold undergraduate degrees in business, while 25% majored in engineering, math, or science, 21% in the social sciences, 15% in economics, and 12% in humanities, arts or other. Upon entering the MBA program, students had an average of 5 years of work experience. Twenty-four percent of the Class of 2024 worked in financial services prior to joining Stern; other well-represented pre-MBA industries included consulting at 12%, consumer products/retail and military/gov’t at 8% each, tech at 7% and nonprofit, arts, and education at 6%. Another 5% came from entertainment/media.
Women make up 45% of the Class of 2024. Forty-four percent of students in this class are international or dual citizens, and 21% identify as a member of an underrepresented minority group. Forty-seven percent identify more broadly as minority students.
Application Procedures
Stern offers four rounds of admission, with application deadlines typically in mid-September, mid-October, 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 MBA Interview Questions & Report: Round 3 / Adcom / Zoom
Interview was held on a weekday afternoon via Zoom. Woman interviewing me was not an alum, but rather a part-time employee on adcom, from what I understood. We had a friendly chat to start things out about New York. Then she wanted to make sure we had plenty of time, so she got to the […]
NYU Stern MBA Interview Questions & Report: Round 1 / Adcom / Zoom
Applied 10/15 Waitlisted 12/26 Interview invite 3/1 Question about my pick six. What are your current responsibilities? Tell me about your journey and how you got to where you are. Tell me about working with a difficult team member. How will you contribute as a leader at NYU? What courses are you interested in? What’s […]
NYU Stern Interview Questions & Report: Round 3 / Adcom / Zoom
Like most have said, my interview was very casual and started off with a quick ice breaker about my Pick 6. A lot of my questions were specific to my application and my non-traditional background (PR & Psychology major), so I won’t go into specifics there. Relevant questions I had were: 1. How would your […]
NYU Stern MBA Interview Questions & Report: Round 3 / Adcom / Zoom
Application-based; interviewer had read my entire application as well as recommendations. Great interview experience, very friendly atmosphere. Questions were tailored to my application and opened with a question about my Pick 6. Further questions focused on my career experience, goals for an internship, and how I would contribute to the Stern community. Topics: – Pick […]
NYU Stern MBA Interview Questions & Report: Round 3 / Adcom / Zoom
Applied December 15th, 2022; Interview invite January 10th, 2023; Interview January 18th; Admit January 27th Overall the interview was really conversational and welcoming. The interviewer was so nice and kept complimenting my answers and providing support after each answer. The 30 minutes flew by and I thought it went pretty well. As the interviewer had […]
Interview Report Round-Up: Northwestern Kellogg, NYU Stern, UCLA Anderson, UVA Darden
Welcome to another edition of Interview Report Roundup. This week, we’re catching up on MBA admissions interview reports that applicants have shared to the Clear Admit Interview Archive. A Round 1 applicant to UCLA /Anderson chose a Zoom interview and faced the following questions: Then we saw the first on-campus interview report in a while, […]
NYU Stern MBA Interview Questions & Report: Round 2 / Adcom / Zoom
Interview was very conversational and was conducted by a member of the admissions committee. Based on the interview reports I had read, I was expecting to be challenged on my short-term goals and recruiting strategy, but that part of the interview felt tougher than expected. So my number 1 tip would be to make sure […]
NYU Stern Interview Questions & Report: Round 1 / Adcom / Zoom
The interview experience was amazing. First, an icebreaker comment regarding my pick-six. Then, the questions were: i. My day-to-day at my current role. ii. Describe my leadership style. iii. Why an MBA? iv. What are the key aspects you consider to choose a business school? v. Recruitment strategy while at business school & alternative plan. […]
NYU Stern MBA Interview Questions & Report: Round 1 / AdCom / Zoom
The interview was relatively conversational. It began with tell me about yourself? And then the standard: – Why NYU? – What makes this program different than others? – Walk me through some feedback that you received and how you were able to leverage this for your development. The interviewer was super friendly and approachable.
NYU Stern Interview Questions & Report: Round 3 / Adcom / Off-Campus
Interview was very conversational. Here are the questions: 1. Why did you choose the Pick 6? Asked questions about my dog. 2. Can you go over your resume and work experience? 3. What are your long-term goals? 4. Why Stern and how will Stern help you reach those goals?
Nyu-stern Q&As
NYU Stern LiveWire and DecisionWire
Academics
Faculty
Stern has 455 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 14 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 nearly 50 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 27 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 a part-time MBA as well as an Executive MBA program. Since May 2018, Stern has also run a Tech MBA and a Fashion & Luxury MBA. The school also partners 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
- Brand Management
- 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
- Quantitative Finance
- Real Estate
- Strategy
- Supply Chain Management and Global Sourcing
- Sustainable Business and Innovation
- Tech Product Management
Degree Offerings at Stern
Full-time MBA Program
http://www.stern.nyu.edu/programs-admissions/full-time-mba
Part-time MBA Programs
Options to pursue – Accelerated Two-Year, Flexible Weeknight, Online/Modular, and Saturdays.
https://www.stern.nyu.edu/programs-admissions/mba-programs/part-time-mba-manhattan/academics
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, Stern boasts large clubs such as the Management Consulting Association and Graduate Finance Association, which host annual conferences featuring prominent industry leaders. 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 Stern Women in Business Conference. The Berkley Center for Entrepreneurship also holds two annual business plan competitions—$300K Entrepreneurs Challenge and the Social Venture Competition—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. 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 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.
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 2022 was $161,475, with an average signing bonus just above $40,936. The most popular job function for Class of 2022 graduates was consulting, chosen by nearly 38% of students. The function of financial services claimed 36% 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 just over 34% of graduates. Consulting was the next most popular industry, as just over 31% of the Class of 2022 joined it. Technology followed at 17%. Another well-represented industry was consumer packaged goods and the remainder of the class spread across non-profit, media/entertainment and other industries.
Over 96% of the Class of 2022 chose jobs in the U.S. Of those, over 80% 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, 6% of 2022 graduates found work in the Western U.S., nearly 3% in the Mid-West, 4% in the Mid-Atlantic and 1% or less in the Southwest and South. For students choosing to work internationally, Asia was the most popular, claiming about 2.5% of the class.
Financing
Although tuition and fees for the 2022-2023 academic year is $82,326, Stern estimates that with additional expenses such as housing and textbooks, students will pay $123,253 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 (2022-2023)
- Tuition $82,326
- Orientation Fee $1,678
- Room & Board $28,242
- Books & Supplies $1,500
- Transportation $1,154
- Loan Fees $216
- Miscellaneous $8,137
- Total $123,253
Recent NYU Stern News
The Week Ahead: MBA Decisions & Deadlines, May 29-June 1, 2023
Welcome back to the series, The Week Ahead, in which we provide a brief rundown of what is happening in MBA admissions this week! Late Round Decisions Keep Rolling Final rounds continue as we get clos
Real Humans of Google: Sebastian Hooker, NYU Stern Tech MBA ’19, Senior Customer Engineer
In this edition of Real Humans Alumni, we hear from a graduate of the one-year Tech MBA program at NYU Stern, Sebastian Hooker. Read on to see how Stern Solutions and other aspects of the MBA program
Upcoming Virtual Event Series: MBA Application Overview
You’ve got your grades and (maybe) your test scores. You’ve put in the time and effort at work, and have accomplishments and skills to show for it. You’re also active and involved in
Real Humans of Accenture: Whitney Jordan, NYU Stern Fashion & Luxury MBA ’22, Senior Strategy Consultant
In this edition of our ongoing series, Real Humans: Alumni, we explore the intersection of fashion and business as experienced by Whitney Jordan, a recent graduate of NYU Stern‘s Fashion & L
NYU Stern MBA Interview Questions & Report: Round 3 / Adcom / Zoom
Interview was held on a weekday afternoon via Zoom. Woman interviewing me was not an alum, but rather a part-time employee on adcom, from what I understood. We had a friendly chat to start things out
‘Big Tech’ Jobs & Careers Remain Popular with MBA Graduates
Take a closer look at MBA graduates’ tech industry jobs placement overall and at Big Tech firms for the full-time MBA Classes of 2018 to 2022. Despite a recent decline in tech industry hiring, t
Real Humans of Carlyle: Lucie Holliday, NYU Stern MBA ’22, ESG Associate
As companies seek sustainability in the face of international challenges like war, hunger, and climate change, many aspiring business leaders are leveraging their background in social impact to help c
The Week Ahead: MBA Deadlines & Decisions, March 13-17, 2023
Welcome back to the series, The Week Ahead, in which we provide a brief rundown of what is happening in MBA admissions this week! Round 2 final decisions are coming. Round 2 decisions are starting to
NYU Stern MBA Interview Questions & Report: Round 1 / Adcom / Zoom
Applied 10/15 Waitlisted 12/26 Interview invite 3/1 Question about my pick six. What are your current responsibilities? Tell me about your journey and how you got to where you are. Tell me about worki
Interview Report Round-Up: Georgia Tech Scheller, IESE, NYU Stern
We’re rounding up some of the latest interview reports and shining the spotlight on recent accounts from MBA applicants to Georgia Tech / Scheller, IESE and NYU Stern as shared in our Interview