Stanford Graduate School of Business
The Stanford Graduate School of Business, or Stanford GSB, is located on the eastern side of Stanford University’s campus in Palo Alto, California. Stanford’s MBA program is known for its small size, which creates an intimate academic setting. Due in part to its close proximity to Silicon Valley, the school is also well recognized for its strengths in entrepreneurship and the high-tech industry. The MBA program places a noted focus on fostering positive change, as evidenced by its motto, “Change lives. Change organizations. Change the world.”
FAQ
What is the tuition for Stanford’s MBA program?
The tuition for Stanford’s MBA program is $73,062 per year. The total cost of the Stanford MBA program is $115,917 per year; this includes budgeted living expenses.
How hard is it to get into Stanford’s MBA program?
The acceptance rate for Stanford is slightly above 5%. 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 732.
What is the average GMAT score for admission to Stanford’s MBA program?
The average GMAT score for the incoming class at Stanford is 732. The GMAT range is 600 to 790.
Does the Stanford MBA program accept the GRE?
Yes. The Stanford MBA program has accepted the GRE for a few years now.
What is the average GRE score for admission to Stanford’s MBA program?
The average GRE score for the incoming class at Stanford is Median Verbal 165 and Median Quantitative 165.
What is the minimum number of years of work experience required for admission to Stanford’s MBA program?
Stanford 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 4 years of experience.
What is the average number of years of work experience for admission to Stanford’s MBA program? (or, What is the average age of a Stanford student?)
The average number of years of work experience among students in Stanford’s MBA program is 4.
What is the average starting salary for graduates of the Stanford MBA program?
The average starting salary for Stanford MBA graduates is $145,559 with an average signing bonus of $31,146. The salary will vary by industry, with consulting and finance jobs generally commanding the higher salaries.
How long is Stanford’s full-time MBA program?
Stanford offers a traditional 2 year MBA program.
What are the application deadlines for Stanford’s MBA program?
The Round 1 MBA application deadline is September 18, 2018. The Round 2 application deadline is January 10, 2019. The Round 3 deadline is April 3, 2019.
What percent of Stanford MBA students are women?
The percentage of the class at Stanford that are women is 41%.
What type of interview does Kellogg use for MBA admissions?
Stanford offers interviews by invitation. The interviews are blind. This means the interviewer has not had access to the application materials.
Admissions
The Class Profile
Admission to Stanford GSB’s MBA program is highly competitive—7,797 MBA hopefuls applied to the Class of 2020, and the school admitted slightly over 5% of these applicants. The average GMAT score among the 419 students enrolled in this class is 732, though scores ranged from 600 to 790. The average GPA for the new class was 3.73.
Forty-eight percent of students in the Class of 2020 hold undergraduate majors in the humanities or social sciences, while 34% majored in engineering, math or natural sciences, and 18% majored in business. Students in this class have an average of four years of work experience. Prior to attending Stanford, 7% of students worked in consumer products, 21% in private equity/venture capital, and 19% in consulting. Students also came in large numbers from industries such as high tech and nonprofit/government.
Forty-two percent of first-year students are international citizens, dual U.S. citizens or U.S. permanent residents. Finally, women comprise 41% of this class, and 27% identify as a member of a U.S. minority group.
Application Procedures
Stanford GSB offers three rounds of admission, which usually take place in late September, early January, and early April. Along with filling out an online application about their biographical information and career history, applicants must submit essays, a résumé, transcripts from all undergraduate and graduate academic institutions attended, and a $275 application fee. In addition, two letters of reference are required, one from a workplace supervisor and one from a peer.
Applicants must also submit GMAT or GRE scores and, if needed, a TOEFL, IELTS, or PTE score. Interviews are conducted on an invitation-only basis and are required for admission to the MBA program. The bulk of interviews are executed by alumni located around the world; members of the MBA Admissions staff also conduct interviews.
Application Checklist
Essay Topic Analysis
Stanford GSB MBA Essay Topic Analysis
The following essay topic analysis examines Stanford’s Graduate School of Business (Stanford GSB) MBA admissions essays for the 2019-2020 admissions season. You can also review essay topic analyses for all of the other leading MBA programs as well as general Essay Tips to further aid you in developing your admissions essays. Stanford has asked applicants to respond to the […]
Recommendation Questions
MBA Admissions: Recommendation Questions
We know it’s a bit unnerving to solicit recommendations without knowing what your recommenders are being asked. Luckily, we’ve done all the legwork for you and have gathered all of this admissions cycle’s MBA recommendation questions from the top business schools in one easy-to-manage spot. Below you will find more details on those questions that […]
Interview Reports
Stanford GSB Interview Questions & Report: Round 1 / Alumnus / Off-campus
My Stanford GSB interview was blind with an alumnus off-campus. The interview had my resume, which I sent before the interview. It was at the office of the alumnus and lasted for 1.5 hour. The interviewer was very nice, but the interview itself was a bit stressful as I had to remember even small details […]
Stanford GSB Interview Questions & Report: Round 2 / Alumnus / Off-campus
I received interview invite to Stanford GSB on a Monday and had my interview live within a few days after. The interview was very conversational and interviewer took notes using his laptop. After some brief introductions, the interviewer asked a few behavioral questions such as: Tell me about a time when you took on a […]
Stanford GSB Interview Questions & Report: Round 1 / Alumnus / Off-campus
The following Stanford GSB interview questions and report were submitted to Clear Admit by a Round 2 applicant. Good luck to them! I was put in contact with a local alum and we scheduled it via email. All I provided him in advance was my resume, and otherwise it was blind – he didn’t have any other information […]
Stanford GSB Interview Questions & Report: Round 2 / Alumnus / Off-campus
The following Stanford GSB interview questions and report were submitted to Clear Admit by a Round 2 applicant. Good luck to them! I applied to Round 2 and received an interview invitation on Feb. 6th. I interviewed with a high-level executive of a boutique investment firm on Feb. 15th. The interview was scheduled quite easily and the interviewer […]
Stanford GSB Interview Questions & Report: Round 2 / Alumnus / Off-Campus
The following Stanford GSB MBA interview questions and report were submitted to Clear Admit by a Round 2 applicant. Good luck to them! The interview was off-campus for Round 2 with a partner at a finance firm. It lasted about 45 minutes (interviewer was approx. 15 minutes late). Questions: 1) Initiative at work 2) Most difficult project at […]
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 […]
Submit an LBS, McDonough, Yale SOM, Fuqua, Stanford GSB, or Berkeley / Haas MBA 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 LBS, Georgetown / McDonough, Yale SOM, Duke / Fuqua, Stanford GSB, or Berkeley / Haas by midnight EST on Sunday, February 3, 2018. To be eligible for the $10 gift card and the contest, please include the […]
Stanford GSB Interview Questions & Report: Round 1/ Alumnus / Off-campus
The following Stanford GSB MBA admissions interview questions and report were submitted to Clear Admit by a Round 1 applicant. Good luck to them! My interviewer was an accomplished president of a company, with a similar background as mine, very nice, and super understanding. The conversation started with the question “tell me about yourself.” Once I started answering, […]
Stanford GSB Interview Questions & Report: Round 1 / Alumni / Off-campus
The following Stanford GSB interview questions and report were submitted to Clear Admit by a Round 1 applicant. Good luck to them! I met with a c-suite level alumni at his office (Fortune 500 company). The interview started a bit late, but he and his secretary were incredibly friendly. This was definitely the most casual of my interviews. […]
Stanford GSB Interview Questions & Report: Round 1 / Adcom / Phone
The following Stanford GSB interview questions and report were submitted to Clear Admit by a Round 1 applicant. Good luck to them! Applied to FT MBA program. Since there were no alumni in my region and I was not able to travel, I scheduled the interview with the adcom over the phone. They had access to my application […]
Stanford Q&As
A Conversation with Kirsten Moss of Stanford GSB
Clear Admit recently sat down with Kirsten Moss, who leads MBA admissions at Stanford Graduate School of Business. Our conversation was both insightful and incredibly wide-ranging–covering topics like leadership, application essays, admissions interviews, and financial aid. What follows is the transcript of our conversation. Moss starts by covering the importance of assessing leadership and by […]
Our Latest Podcast: Admissions Director Q&A With Tuck’s Luke Anthony Peña, Part I
In this wide-ranging interview on the admissions process at Dartmouth’s Tuck School of Business, Luke Anthony Peña shares a little about his transition to Tuck from Stanford Graduate School of Business (GSB). Peña came to Tuck just over a year ago, after working for several years in admissions at Stanford, where he also obtained his […]
Career Services Director Q&A: Stanford GSB’s Maeve Richard
Earlier this month, Stanford Graduate School of Business (GSB) released its 2017 MBA Employment Report, revealing record-breaking salaries for the third consecutive year. The school’s most recent crop of graduates boasts average and median base compensation of $144,455 and $140,000 respectively—both up about $4,000 over last year’s all-time highs. (Incidentally, those figures are also higher […]
Stanford LiveWire and DecisionWire
Academics
Faculty
Across its seven academic areas, Stanford GSB employs 124 tenured and tenure-track professors resulting in a six-to-one student-faculty ratio. In addition to teaching classes, these scholars and practitioners also help staff the school’s nine research centers and research programs, which cover topics from entrepreneurial studies to global supply chain management.
Curriculum
The full-time MBA program is designed to take place across six quarters of roughly 11 weeks apiece. Classes are held during the fall, winter, and spring, and students are encouraged to spend the summer between the first and second years completing an internship. Autumn Quarter of the first year of the MBA program typically begins in mid- September and ends in mid-December. Classes resume for Winter Quarter in early January and last until late March; Spring Quarter runs from early April through mid-June. The second year is structured very similarly, with the exception that Autumn Quarter courses begin a week later.
As at most MBA programs, professors at Stanford GSB use a mix of teaching methods, such as case studies, lecture and discussion, and team projects. Stanford GSB students spend the first year of their MBA studies completing core requirements. The first quarter is devoted to General Management Perspectives, a series of eight courses designed to help students think like a senior manager.
During Winter Quarter and Spring Quarter, first-year students follow the General Management Foundations curriculum, in which students must take one course in each of 10 business disciplines but are allowed to choose the level of those courses. In addition, each first-year student must fulfill a Global Experience Requirement by contributing to a project abroad. Students can meet this requirement by working abroad over the summer through the Global Management Immersion Experience, completing an exchange program with Tsinghua University in Beijing, or participating in a student-initiated service or study trip.
Prior to their second year, students can return to campus early to participate in small one- or two-week seminars called Compressed Courses. These courses explore focused topics such as Small Business Strategy and Crafting Effective Interpersonal Communication. Throughout the second year, students can take up to 18 courses total and are free to choose from over 100 elective courses across 10 academic departments. Students may also cross-register for courses at other Stanford University graduate schools. Stanford GSB does not offer any formal MBA majors, but students can earn a Certificate in Public Management and Social Innovation.
Other MBA Degree Options
Along with its two-year MBA degree, Stanford GSB offers six joint degree programs with other schools within the university. The business school also has one dual degree program, the MD/MBA, that is offered in conjunction with the Stanford School of Medicine. Aspiring GSB students are free to design their own dual degree programs featuring an MBA and a degree in a different field from Stanford or another university. Beyond its MBA offerings, Stanford GSB is home to the Stanford Sloan Master’s Program, a one-year MS in Management program targeted at mid-career managers and executives.
Core Courses at Stanford GSB
General Management Perspectives
- Ethics and Management
- Financial Accounting
- Leadership Labs
- Managerial Skills
- Optimization and Simulation Modeling
- Managing Groups and Teams
- Organizational Behavior
- Strategic Leadership
General Management Foundations
- Finance I
- Data Analysis and Decision Making
- Finance II
- Human Resource Management
- Information Management
- Macroeconomics
- Managerial Accounting
- Marketing
- Microeconomics
- Operations
- Strategy Beyond Market
Global Experience Requirement (one)
- Global Management Immersion Experience
- Global Study Trip
- Social Innovation Study Trip
- Stanford-Tsinghua Exchange Program
Degree Offerings at Stanford
Full-time MBA Program
https://www.gsb.stanford.edu/programs/mba
Joint Degrees
JD/MBA, MA Education/MBA, MPP/MBA, MS Environment & Resources/MBA, MS Computer Science/MBA, MS in Electrical Engineering/ MBA
www.gsb.stanford.edu/programs/mba/ academic-experience/joint-dual-degrees
Dual Degrees
MD/MBA, MA in International Studies/MBA
www.gsb.stanford.edu/programs/mba/ academic-experience/joint-dual-degrees
Campus Life
Clubs, Conferences & Competitions
Stanford GSB students are given many opportunities for extracurricular involvement. The school has over 70 student-led clubs and organizations that vary in focus from professional to social interests. For instance, the Entrepreneurship Club, one of the largest and most active student clubs at the GSB, provides resources such as workshops, panels, and peer mentorship to its members, who range from aspiring to experienced entrepreneurs. Meanwhile, the group GSB Gives Back focuses on organizing the Charity Auction, an annual school-wide auction the proceeds of which go to nonprofits such as the Boys and Girls Club and Special Olympics.
Each year, Stanford GSB students and professors run a variety of events that bring scholars and practitioners to campus to discuss business-related issues. These include such conferences as the Sports Innovation Conference, the GSB Search Fund Conference, and the Africa Business Forum. GSB students also participate in several business competitions, such as the $100K Challenge run by the Business Association of Stanford Entrepreneurial Students.
Campus Space
The Knight Management Center, the home of the Stanford GSB, lies towards the eastern side of the Stanford University campus in Palo Alto, California. Officially opened in spring 2011, the Knight Management Center is made up of nine buildings featuring plentiful classrooms and study rooms, as well as an auditorium, event center, dining pavilion, and library.
The Schwab Residential Center is a short walk away and serves as a home for roughly 200 first-year MBA students. Additional housing is also available on Stanford’s campus through the Graduate Housing Service. Meanwhile, students seeking to live off campus can find information about local housing through Stanford’s Community Housing Services.
MBA Careers
Career Services
Stanford GSB’s Career Management Center (CMC) provides students with a wide range of career counseling services, including networking events, mock interviews, résumé and cover letter reviews, and one-on-one meetings with CMC advisors. The CMC also organizes informational recruiting events such as Company Networking Nights, as well as the school’s on-campus recruiting schedule. In the 2018-2019 school year, the official On-Campus Recruiting periods ran from mid- to late October for second-year students and from mid-January to early February, with a break for midterms, for first- and second-year students.
Career Statistics
Three months after graduation, 95% of the Class of 2018 had received job offers and 88% of the class had accepted. The average starting salary of the Class of 2018 was $145,559, with an average signing bonus of record high $31,146.
Technology was the most chosen industry for the Class of 2018, with 33% of students joining companies in the industry. In addition, 31% went into finance, and 18% into consulting. Stanford’s 2018 graduates also found jobs in a variety of other industries, such as consumer goods and energy as well as nonprofits.
As with many business schools, Stanford GSB placed a large proportion of its graduates, 68%, in the region where it is located: the Western U.S. Fifteen percent found work in the Northeast, and 10% of the Class of 2018 took jobs outside of the U.S., with the most popular regions being Asia and Europe.
Financing
The tuition for the 2019-2020 academic year is $73,062. However, Stanford GSB estimates that single students living on campus will pay $115,917 total in that time given additional costs such as rent and textbooks. Meanwhile, married students should budget for $138,522, The Global Experience requirement can also add $2,200 to $4,000 to the total cost of attendance.
The school only offers need-based fellowships but encourages students to apply for both need- and merit-based outside fellowships. Stanford GSB students who are U.S. citizens can also finance their education through federal and private loan programs. International students, meanwhile, are encouraged to take advantage of the school’s partnership with Star One Credit Union that allows international students to take out loans without a U.S. co-signer. Upon being admitted to the MBA program, students receive detailed instructions regarding how to file for financial aid.
Program Cost (nine-month academic year)
Tuition $73,062
Living Allowance
Single Student $32,712
Married Student $54,300
Books & Supplies $1,671
Materials & Program Fee $1,191
Transportation
Single Student $1,017
Married Student $2,034
Medical Insurance $5,592
Health Fee $672
Total
Single Student $115,917
Married Student $138,522
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