ABOUT THE NYU STERN MBA

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. The location advantage is immense as New York is one of the world’s best cultural and business hubs. 

THE 2-YEAR MBA PROGRAM 

NYU Stern is a 2 year MBA program based in  Manhattan, New York. It ranks 14th globally in the Financial Times Global business school rankings.

By joining NYU you join a network you can always count on. The school has over 110,000 alumni globally in 130 countries, with more than 20% of who are presidents or CEOs.

The tuition fee for one year is $78,700. The total first-year budget is $121,541 including boarding expenses etc. 

Generous scholarships are offered to outstanding international candidates on a merit basis. 

  • Dean’s Scholarship
  • Named Faculty Scholarship
  • Fertitta Veterans Scholarship

CLASS PROFILE

The MBA cohort typically represents a wide array of industries and professional backgrounds, providing a truly global learning experience.

The industry experience of students, prior to joining is also diverse, ranging from consulting, banking, and financial services to fashion and performing arts. About 32% are international or non-US students.

The average work experience for the full-time MBA is 5.1 years which ensures that students contribute richly to classroom learning by bringing forward their varied industry experience Peer-peer learning beyond the classroom is also facilitated through this.

At 41%, Stern has a better gender diversity ratio compared to other B-schools throughout the world which is commendable.

The average GMAT score for the incoming class is 729. The infographic below depicts the Stern MBA class profile with statistics about the gender distribution, age, work experience, and geographical background of the students. 

The average GPA is 3.59.

Source: The official school website

COURSE CURRICULUM SUMMARY

LAUNCH                                                    

LAUNCH is the introduction to the NYU Stern MBA experience for all incoming full-time MBA students. Through LAUNCH, the school transforms the mindsets of MBA students, to get them to think broadly about the ways in which businesses can transform challenges into opportunities to create value for society.

Year 1

Required Core:                                                          

Financial Accounting & Reporting, Statistics & Data Analysis

Menu Core – Choose 5:                                                          

Business Analytics, Firms & Markets, Foundations of Finance, The Global Economy, Leadership in Organizations, Marketing, Operations Management , Strategy

Year 2

Electives and Specializations:

Students get to choose up to 3 specialization and 200+ electives.

Experiential Learning

Students can leverage Stern’s 47 partner schools in 30 countries through a semester exchange. Travel the globe through a DBi in over 10 locations worldwide and tackle real-world issues in real time through Stern Solutions Experiential Learning.

Study Abroad Semester Exchange Program 

Spend a semester studying abroad in a leading overseas graduate business school at one of Stern’s 53 exchange partners in 29 different countries.

PLACEMENT STATISTICS

Each year, Stern achieves high employment rates in excess of 95% of each MBA class. 

The return on investment is huge given a median alumni salary after graduation of USD 155,000 with a sizable variable compensation of USD 30,000.

Many students started their own companies this year, while many students joined startups and new ventures.

These are the key placement statistics.

Source: The official career report 2022

Consulting, Financial Services emerged as the 2 industries in which the majority of the class was placed. 67% of the class was placed in these industries.

Stern remains at the forefront of FinTech as the first among business schools to offer an MBA specialization. During the past academic year, Stern offered 13 graduate FinTech courses, such as Robo Advisors and Systematic Trading, Fintech Analytics, and Topics in Cryptocurrency Investing.

NOTABLE ALUMNI

Henry Kaufman, President of Henry Kaufman & Company

Robert Greifeld, American businessman and Former Chairman of Nasdaq

Kenneth Gerard Langone, American Billionaire Businessman, Investor

APPLICATION DETAILS

Admission Requirements

• Bachelor’s degree

GMATExecutive Assessment, or GRE score

• Your level of proficiency in English must be demonstrated in at least one of the following three ways:

  1. Your native language is English
  2. Your undergraduate or graduate degree was taught in English
  3. Your test results from either the TOEFL, IELTS, or Duolingo English Test

Letters of Recommendation

2 letters of recommendation to be submitted before the application deadlines. 

Application Fee: $250

Application Deadlines

Source: The official school website

Essay questions

Your essays must be written entirely by you. An offer of admission will be rescinded if you did not write your essays.

Required Essay: Professional Aspirations

  • What are your short- and long-term career goals?
  • How will the Part-time MBA help you achieve them?

If you do not live in the NYC metro area, tell us your plans to pursue the program. If you are planning to relocate, indicate your plans for employment in the NYC area.

Optional Essay: Additional Information

This essay is truly optional – it is an opportunity to provide any additional information that you feel is important in assessing your candidacy.  This may include significant current or past gaps in employment, further explanation of your undergraduate record or self-reported academic transcript(s), plans to retake the GMAT, GRE, EA, IELTS, Duolingo or TOEFL, or any other relevant information. This information may be just a few short sentences, it doesn’t need to be a full essay.

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