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.
What is the tuition for NYU Stern's MBA program?
The tuition for NYU Stern's MBA program is $84,180 per year. The total cost of the NYU Stern MBA program is $126,874 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 2022, the NYU Stern acceptance rate was 27%. For the class entering in 2023, the NYU Stern acceptance rate was 31%. It is important to consider the acceptance rate in the context of the student profile of those who are admitted. For example the latest class's average GMAT score is 732.
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 732. 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 average GRE score for admission to NYU Stern's MBA program?
The average GRE scores for the incoming class at NYU Stern are 163 Verbal and 163 Quant.
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 5.2 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 5.2.
What is the average starting salary for graduates of the NYU Stern MBA program?
The average starting salary for NYU Stern MBA graduates is $201,727. 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 18, 2023. The Round 2 application deadline is October 18, 2023. The Round 3 deadline is January 18, 2024. The Round 4 deadline is April 18, 2023.
What percent of NYU Stern MBA students are women?
The percentage of the class at NYU Stern that are women is 43%.
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.
NYU Stern Class Profile
NYU Stern received 3,075 applications to the Class of 2025 and admitted 966 applicants, meaning they had an acceptance rate of 31% this year. 327 students ultimately enrolled. The average undergraduate GPA of students in this class is 3.61, with the 80% range spanning 3.34 to 3.87. The average GMAT score is 732, and 80% of students scored between 700 and 760.
Twenty-seven percent of students in the Class of 2025 hold undergraduate degrees in business, while the same (27%) majored in engineering, math, or science. Social science followed at 19%. Another 17% majored in economics, and 10% in humanities, arts or other. Upon entering the MBA program, students had an average of 5.2 years of work experience. Twenty-six percent of the Class of 2025 worked in financial services prior to joining Stern; other well-represented pre-MBA industries included consulting at 12%, tech at 10% and military/gov’t at 8%.
Women make up 43% of the Class of 2025. Forty-eight percent of students in this class have international citizenship, and 47% of U.S. students identify as a member of a U.S. minority. Seventeen percent identify more as U.S. underrepresented minority students.
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.
- Data Forms
- GMAT/GRE/EA/TOEFL/IELTS score(s)
- Academic Transcripts
- Recommendation Letters
- Application fee
Essay Topic Analysis
NYU Stern LiveWire and DecisionWire
I received my acceptance letter without a scholarship % and feel totally out of sight regarding the financing. Any recommendations of lenders for international students? Do you know if I can still push for a scholarship, although the school mentioned that the scholarship decision is final?
Applied: Late September (27)
Interviewed: Late October (31)
Accepted via telephone: November 29th
Interviewed on November 10th. I got an email notification today with a full ride
Submitted Official Scores*: 11/20
Official scores recorded: 11/27
Portal changed to showing only few submitted. Admissions commented that official offer would come EOD.
NYU requires official scores for decisions. I forgot to submit. Was quoted 3-4 weeks for decision. This slightly delayed decisions.
Interviewed Nov 7
Phone call Dec 1
official letter is coming today
Submitted official test scores 11/22 (forgot to submit them)
Phone call on 11/30
Interviewed on Nov 7
No interview and waitlisted — anyone else in this boat?
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.
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
- Brand Management
- Business Analytics
- Corporate Finance
- Digital Marketing
- Entertainment, Media and Technology
- Entrepreneurship and Innovation
- Financial Instruments and Markets
- Financial Systems and Analytics
- Global Business
- Law and Business
- Leadership and Change Management
- Luxury Marketing
- Management of Technology and Operations
- Quantitative Finance
- Real Estate
- Supply Chain Management and Global Sourcing
- Sustainable Business and Innovation
- Tech Product Management
Degree Offerings at Stern
Full-time MBA Program
Part-time MBA Programs
Options to pursue – Accelerated Two-Year, Flexible Weeknight, Online/Modular, and Saturdays.
Fashion & Luxury MBA
Executive MBA Programs
Stern-only and global options
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.
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.
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.
The average starting salary for the Class of 2023 was $201,727, with an average signing bonus just above $38,192. The most popular job function for Class of 2023 graduates was consulting, chosen by nearly 49% of students. The function of finance/accounting claimed 31% of students. Marketing/sales followed at 10%.
In regards to industry, consulting took the lead at 42%. Financial services followed at roughly 29%. Fourteen percent of the Class of 2023 went into the tech/telecom industry. Another three percent each went into CPG or media/entertainment/sports.
Just over 95% of the Class of 2023 chose jobs in the U.S. Of those, over 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, 9% of 2023 graduates settled in the U.S. West, nearly 4% in the Mid-Atlantic and nearly 3% in the Southwest. For the 5% of students choosing to work internationally, Asia was the most popular, claiming 2.4% of the class.
Although tuition and fees for the 2023-2024 academic year is $84,180, Stern estimates that with additional expenses such as housing and textbooks, students will pay $126,874 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 (2023-2024)
- Tuition $84,180
- Orientation Fee $1,912
- Room & Board $29,344
- Books & Supplies $1,500
- Transportation $1,154
- Loan Fees $216
- Miscellaneous $4,500
- Health Insurance $4,068
- Total $126,874