Stanford Graduate School of Business

FAQ

What is the tuition for Stanford’s MBA program?

The tuition for Stanford’s MBA program is $74,706 per year. The total cost of the Stanford MBA program is $118,644 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 734.

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

The average GMAT score for the incoming class at Stanford is 734. 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 $152,503 with an average signing bonus of $28,328. 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 15, 2020. The Round 2 application deadline is January 6, 2021. The Round 3 deadline is April 6, 2021.

What percent of Stanford MBA students are women?

The percentage of the class at Stanford that are women is 47%.

What type of interview does Stanford 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—7,342 MBA hopefuls applied to the Class of 2021, and the school admitted slightly under 6% of these applicants. The average GMAT score among the 417 students enrolled in this class is 734, though scores ranged from 600 to 790. The average GPA for the new class was 3.7.

Fifty percent of students in the Class of 2021 hold undergraduate majors in the humanities or social sciences, while 33% majored in engineering, math or natural sciences, and 17% majored in business.  Students in this class have an average of 4.2 years of work experience.  Prior to attending Stanford, 8% of students worked in consumer products, 19% in private equity/venture capital, and 20% in consulting.  Students also came in large numbers from industries such as high tech and nonprofit/government.

Thirty-six percent of first-year students are international citizens, dual U.S. citizens or U.S. permanent residents.  Finally, women comprise 47% 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

• Data Forms 
• GMAT/GRE and TOEFL/IELTS/PTE Score(s) 
• Academic Transcripts 
• Résumé 
• Essays 
• Recommendation Letters 
• Application fee

Interview Reports

Stanford GSB Interview Questions & Report: Round 2 / Alum / Off-Campus

Interviewed off-campus with an alum and their office. Lasted a little over an hour and was purely behavioral, no questions on Why MBA/Why Now/Why GSB, which I thought was odd. For each question, I gave a detailed story/response from my past and the interviewer followed up with specific questions. The interview took a lot of […]

Stanford GSB Interview Questions & Report: Round 2 / Alumnus / Off-Campus

I don’t think I’m adding much new information here with this report, as my interview was very similar to all the other reports here. I called the interviewer the day I got the invite and we set up a time that worked with his schedule in the 7-10 day window requested by the GSB. We […]

Stanford GSB Interview Questions & Report: Round 1 / Alum / Off-Campus

The interview was conducted by an alum in his office building. I walked into the building and entered the elevator to go up to my interviewer’s floor as instructed in our emails to each other. As I was going up, I noticed a man looking at me curiously. When I turned to him, he introduced […]

Stanford GSB Interview Questions & Report: Round 1 / Alumnus / Off-Campus

It was a very laid-back interview, held in the office of the alumnus. Both my wife and I interviewed back-to-back. He asked me (with some follow-ups): – Walk me through your resume – How would you make a decision as to which school to attend? – Tell me about a time you found a problem […]

Stanford GSB Interview Questions & Report: Round 1 / Alum / Off-Campus

Interview was held in interviewer’s office – very conversational, but interview was clearly prodding for specific things but not sure what. Interviewer had a copy of my resume beforehand. Main questions were (not in order) 1. Tell me about yourself 2. Tell me about a time you failed 3. Tell me about your biggest accomplishment […]

Stanford GSB MBA Interview Questions & Report: Round 1 / Alum / Off-Campus

Interview was blind and conducted with an alumnus off campus. Stanford admissions was very flexible with scheduling; when I received my invite to interview, I was required to submit my current location and given a 10-14 day interview window. However, due to military training I had to put multiple locations by date. The admissions director […]

Stanford GSB Interview Questions & Report / Round 1 / Alumnus / Off-campus

My interview was blind with a GSB alum. Received an email matching me with my interviewer ~7 days after receiving my invite (I’m in the southeast U.S.A and there aren’t as many alumni here to support as there are in NY, Chicago, Boston, west coast). I was extremely pleased with how strong of a match […]

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 Q&As

Admissions Director Q&A: Kirsten Moss of the Stanford Graduate School of Business

Are you dreaming of attending the Stanford Graduate School of Business?  With an acceptance rate that generally hovers around five percent, it can certainly feel like a fantasy.  Fortunately, Kirsten Moss is here in our latest Admissions Director Q&A to explain how you can make your Stanford MBA dreams a reality. Prior to her current […]

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 […]

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 125 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 10 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 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

Campus Life

Clubs, Conferences & Competitions

Stanford GSB students are given many opportunities for extracurricular involvement. The school has over 50 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 2019-2020 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, 94% of the Class of 2019 had received job offers and 88% of the class had accepted.  The average starting salary of the Class of 2019 was $152,503, with an average signing bonus of $28,328.

Finance was the most chosen industry for the Class of 2019, with 33% of students joining companies in the industry.  In addition, 24% went into technology, and 18% into consulting.  Stanford’s 2019 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, 61%, in the region where it is located: the Western U.S.  Sixteen percent found work in the Northeast, and 13% of the Class of 2019 took jobs outside of the U.S., with the most popular regions being Asia and Europe.

Financing

The tuition for the 2020-2021 academic year is $74,706.  However, Stanford GSB estimates that single students living on campus will pay $118,644 total in that time given additional costs such as rent and textbooks.  Meanwhile, married students should budget for $142,080.  The Global Experience requirement can also add $3,000 to $4,500 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 $74,706
Books & Supplies $1,671
Materials & Program Fee $900
Medical Insurance $5,928
Health Fee $696

Living Allowance
Single Student $33,693
Married Student $55,929

Transportation
Single Student $1,050
Married Student $2,250

Total
Single Student $118,644
Married Student $142,080

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