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 $78,700 per year. The total cost of the NYU Stern MBA program is $121,541 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 2023, 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 $149,524. 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 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 MBA Interview Questions & Report: Round 2 / Adcom / Zoom

1. Pick 6 icebreaker. 2. Achievement on resume I am the most proud of. 3. A time I received criticism at work. 4. 2 areas to improve upon with the MBA. 5. Why now? 6. Why short-term goals? 7. Companies I would want to work with? 8. What tools would you utilize to achieve your […]

NYU Stern MBA Interview Questions & Report: Round 2 / Adcom / Zoom

The interviewer was very friendly and very familiar with my application. She was very engaging and allowed my to ask questions of her, too. 1. Pick six. 2. Tell me what you do at work — I am from an atypical background so I basically explained my job to her. 3. Why MBA? 4. Leadership […]

NYU Stern Interview Questions & Report: Round 2 / Adcom / Zoom

Interview with Adcom. She was very nice and started the interview with a question about my pick six essay. She talked about herself as well. It was an application based interview and lasted 30 min. Questions asked: 1. About my Pick six 2. Tell me what you do at work 3. Leadership example 4. Why […]

NYU Stern Interview Questions & Report: Round 1 / Adcom / Zoom

I applied to Stern in Round 1 on 9/1 and interviewed on 10/21. My interview was exactly 30 minutes. It was not difficult and the admissions member was very nice. He started with the Pick 6 and asked about a specific picture and I talked about that for a few minutes. He then jumped into […]

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

The total length of the interview went on for more than an hour. I had a serendipitous situation because I had met my interviewer at an AHBBS/ Admissions event last weekend. The tone of the interview was very conversational. Adcom had read my entire application already and the conversation started with some personal questions about […]

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

This adcom interview was scheduled for 30 minutes but probably lasted 40-45 minutes. It was clear she had read my application in depth. As such, the questions were highly tailored to me and my experiences. The conversation was very personable, making it easier to get into a back and forth flow. Below is a list […]

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

The interviewer had read my entire application and started it off by asking me about one of pictures in my Pick 6. After chatting about it for a little while, we moved to the rest of the interview. The tone of the interview was very conversational and friendly. Since the interviewer had read my entire […]

NYU Stern Interview Questions & Report: Round 2 / Adcom / Video Interview

Applied in Round 2. Interviewed on Jan 14th with Adcom on video interview. Adcom had read my application and adcom’s friendliness made me feel at ease from the start List of interview questions 1. Tell me what you do at work and what you like about it? 2. What’s your managerial style? 3. What did […]

NYU Stern Interview Questions & Report: Round 2 / 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. 1) Initial question about my ‘Pick Six’ essay. 2) Two key highlights from my resume. 3) One example showing that I could derive insights from […]

Nyu-stern Q&As

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

We are excited to kick off our annual Admissions Director Q&A series, in which MBA admissions directors shed light on their program’s application process, essays and more. To start the 2022-2023 round of exclusive Q&As, Lisa Rios, Assistant Dean for MBA Admissions at the NYU Stern School of Business, joins us to discuss the Stern […]

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

In this Admissions Director Q&A, Lisa Rios, Assistant Dean of NYU Stern MBA Admissions, joins the Clear Admit podcast to discuss all things admissions-related at the leading b-school. As a member of the Admissions team since 2008, Lisa has evaluated nearly 50,000 Full-time MBA applications and seen nearly 5,000 new full-time students start their MBA journey. […]

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

In this Admissions Director Q&A, we hear from Lisa Rios, Assistant Dean of NYU Stern MBA Admissions. As a member of the Admissions team since 2008, she has evaluated nearly 50,000 Full-time MBA applications and seen nearly 5,000 new full-time students start their MBA journey. Lisa has also coordinated the Admissions team’s systems & operations, […]

NYU Stern LiveWire and DecisionWire

Academics

Faculty

Stern has 417 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 nearly 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 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 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
• 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. 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 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 2021 was $149,524, with an average signing bonus of $38,211. The most popular job function for Class of 2021 graduates was consulting, chosen by 38% of students. The function of financial services claimed roughly 37% 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 35% of graduates. Consulting was the next most popular industry, as just over 31% of the Class of 2021 joined it. Technology followed at 19%. Another well-represented industry was consumer packaged goods and the remainder of the class spread across non-profit, media/entertainment and other industries.

Over 95% of the Class of 2021 chose jobs in the U.S. Of those, over 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, 12% of 2021 graduates found work in the Western U.S., 1% each in the Mid-West and Mid-Atlantic and nearly 2% in the Southwest and 3% in the South. For students choosing to work internationally, Asia and Europe were the most popular, claiming about 1.5% and 2.5% respectively.

Financing

Although tuition and fees for the 2021-2022 academic year is $78,700, Stern estimates that with additional expenses such as housing and textbooks, students will pay $121,541 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 (2021-2022)

• Tuition $78,700
• Registration Fees $4,429
• Room & Board $27,420
• Books & Supplies $1,500
• Transportation $1,132
• Loan Fees $216
• Miscellaneous & Health Insurance $8,144
• Total $121,541

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