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NYU Stern MBA – Class Profile 2022 and Employment Report 2020

NYU Stern offers a range of MBA programs tailored to meet your specific professional and academic goals. The full-time MBA program is for 2 years, with a new co-curriculum designed to help MBAs become adept at impacting, understanding, and driving change.

The Change: Studio is designed for students in the 2-year MBA program to prepare for careers by developing confidence and skills to thrive in a world of constant ambiguity and change.

NYU Stern MBA program has also received STEM designation which will allow its international graduates a chance to extend their stay by 24 months over the 12 months that is currently offered.

NYU’s Stern School of Business is among the oldest & most well-renowned business schools, which was established in 1900 by Charles Waldo Haskins. In the league of the nation’s premier management education schools and research centers, for graduates & undergraduates alike, NYU Stern offers over 20+ specializations in fields ranging from FinTech to Business Analytics.

NYU Stern School of Business - Class Profile _ Employment Reports & Salaries

Located a stone’s throw away from Wall Street, it is no surprise that it sends almost 30% of its class into the Finance industry.

This article will help you in your research about the NYU Stern MBA Program, its class profile, employment reports & salaries. Following is a brief outline of this article:

NYU Stern MBA Program

  • Stern School of Business was established as the School of Commerce, Accounts, and Finance, but in 1988, the school changed its name in the honor of Leonard N. Stern, an alumnus, and patron
  • Alumnus Leonard N. Stern granted 30 million dollars which helped the school to integrate it’s graduate and undergraduate programs at their campus of Washington Square
  • 7% of NYU Stern MBAs accepted jobs within three months of graduating & 98 % of NYU Stern undergrads have a job within six months of graduating
  • There are four Nobel laureates on Stern’s faculty: Robert Engle, Paul Romer, Thomas Sargent & Michael Spence
  • In US News’s best business school 2021 ranking, Stern is ranked 10

In terms of the tuition fee, NYU Stern MBA is one of the most expensive MBA programs.

Learn how to reduce your MBA cost in 2021

Below are the details on the Stern MBA program’s class profile, cost of attendance, median salary:

S. No.NYU Stern School of BusinessNumbers
1Average GMAT723
2Average GPA3.6
3Class Size1,059
4GMAT Range640- 780
5Work Experience (Average)5.2 years
6Tuition Cost (per year)$76,780
7Average Age28
8% Employed after graduation88.8%
9Median Salary$150,000

Do you have a low GMAT score? Sign up for our free e-GMAT Trial course. We can also help you with a personalized study plan and give you access to quality online content to prepare.

NYU Stern School of Business – General Information

Location – Centre of Greenwich Village, near Washington Square Park in downtown Manhattan, just 5 km from Wall Street in New York.

Dean – Raghu Sundaram

Admissions Office – NYU Stern, Henry Kaufman Management Centre, 44 West Fourth
Street, New York, NY 10012
Phone: (212) 998-0100
Email: sternmba@stern.nyu.edu

Social media – FacebookTwitterYouTubeInstagram, LinkedIn

NYU Stern MBA Incoming class profile 2022

NYU Stern’s MBA incoming class of 2022 had students from various countries. Around 32% of students with international citizenship and 43% of them are female. Out of 3,652 applications, 1,059 students have admitted out of which 317 students enrolled.

Following are detailed statistics on NYU Stern MBA Class 2022 :

S. No.TitleNumber
1Applications received3,652
2Enrolled317
3GMAT Scores (80% range)640 – 780
4Undergraduate GPA (80% range)3.01 – 4.00
5Work Experience (100% range)0 – 14 years
6Average age (100% range)22 – 40
7% of women in the class43%
8% of international citizens32%

Pre-MBA industry

Below are the detailed statistics on the pre-MBA industry of NYU Stern MBA  Class of 2022:

Pre-MBA IndustryPercentage
Financial Services27%
Consulting10%
Other10%
Technology8%
Nonprofit, Arts, Education8%
Consumer Products, Retail7%
Military, Government4%
Entertainment, Media7%
Real Estate3%
Healthcare, Pharmaceuticals4%
Advertising, Public Relations4%
Law3%
Manufacturing, Import/Export, Trade2%
Energy1%
Engineering2%

Pre-MBA Majors

Pre-MBA MajorPercentage
Business29%
Engineering, Math, Science23%
Social Science20%
Economics14%
Humanities, Arts, Other14%

NYU Stern MBA Application Deadlines 2021

The admission process for NYU Stern MBA is highly competitive, and we recommend applying either before the 1st or 2nd deadline.

Following are the full-time MBA Application deadline for NYU Stern MBA:

NYU Stern MBADeadline Initial Notification* By
1st DeadlineOctober 15, 2020January 1, 2021
2nd DeadlineNovember 15, 2020February 1, 2021
3rd DeadlineJanuary 15, 2021April 1, 2021
4th DeadlineMarch 15, 2021June 1, 2021

Planning to apply for NYU Stern MBA? Here are two articles that can help you: What is a good GMAT score for NYU Stern School of Business and Which MBA Application Round should I apply in?

Do you have a low GMAT score? Sign up for our free e-GMAT Trial course. We can also help you with a personalized study plan and give you access to quality online content to prepare.

NYU Stern MBA Employment and Salaries 2020

33.5% of  Stern’s MBA graduates opted for employment in Finacial services overtaking consulting as the largest employer of NYU Stern MBA graduates in 2020. For the outgoing class of 2020, 31.7% of students accepted employment in finance.

Below are the detailed employment statistics of the Stern MBA outgoing class of 2020 by industry and function. The median salary & bonus for the outgoing class of 2020 was $150,000 & $30,000 respectively.

Employment by Industry

Industry%Median Base (US $)Average Signing Bonus (US $)
Consulting31.7%$165,000$30,619
Consumer Packaged Goods6.3%$112,000$28,300
Financial Services33.5%$150,000$51,840
Diversified Financial Services1.8%$138,000$35,000
Investment Banking25.7%$150,000$55,065
Asset management 2.5%$143,500$28,667
Insurance1.4%$120,000$41,667
Other*2.2%NANA
Healthcare/Pharmaceuticals/Biotech4.2%$125,000$425,714
Entertainment/Media/Sports1.1%NANA
Non-Profit /Education0.7%NANA
Real Estate0.7%NANA
Retail0.7%NANA
Technology/Telecommunications16.9%$130,000$40,450
Aerospace/transportation0.4%NANA
Manufacturing0.4%NANA
Law3.5%$190,000NA

Employment by Function

39.9% of students of the Stern MBA class of 2020 accepted offers in Consulting followed by Finance/Accounting (33.2%), Management (6.4%), and Marketing & Sales (13.1%).

Function%Median Base ($)Low ($) – High ($)Average Signing Bonus ($)
Consulting39.9%$160,000$80,000-$175,000$30,600
Business Development/Sales2.8%$128,500$80,000-$155,000$23,500
Strategy7.4%$135,000$115,000-$170,000$31,118
Management27.9%$165,000$80,000-$175,000$31,145
Technology1.4%$150,000$139,500-$160,000NA
Retail0.4%NANANA
Finance/Accounting33.2%$150,000$60,000 – $175,000$51,655
General/Corporate6%$121,000$60,000-$150,000$40,800
Investment Banking20.8%$150,000$145,000-$160,000$57,161
Investment Management 1.1%$142,000$120,000 – $145,000NA
Research-Equity sell side 1.1%$129,000$125,000-$130,000$53,333
Venture capital 1.1%NANANA
Others2.9%NANANA
Management6.4%$125,000$55,44-$138,000$36,471
General Management3.9%$110,000$55,444-$125,000$19,375
Merchandising0.7%NANANA
Project Management1.8%$130,000$120,000-$130,000$57,333
Information Technology/Data Analytics1.8%$160,000$130,000-$178,000NA
Marketing/Sales13.1%$120,000$62,400-$160,000$36,181
Brand Management3.9%$110,000$101,000-$125,000$29,545
General3.2%$112,000$62,400-$160,000$27,186
Product Marketing1.1%$130,000$125,000 – $140,000$31,667
Product Management1.1%$130,000$116,000-$160,000$51,750
Operations1.8%$135,0004120,000-$161,200$38,333
Law3.9%$190,000$190,000-$200,000NA

Major recruiters

NYU Stern’s recruitment partners have the benefit of accessing more than 2,500 full-time, part-time, and executive MBA students, as well as alumni. The following companies hired a minimum of 3 to 25 graduates individually from the Stern MBA class of 2019

  • Deloitte
  • McKinsey & Company
  • Boston Consulting Group (BCG)
  • EY
  • Amazon
  • Bain & Company
  • J.P. Morgan Chase
  • PricewaterhouseCoopers
  • Bank of America Merrill Lynch
  • Credit Suisse
  • Goldman Sachs & Co.
  • Citi
  • Google
  • A.T. Kearney
  • American Express
  • Evercore
  • Houlihan Lokey
  • Pfizer Inc.
  • Strategy&
  • Barclays Capital Group
  • L.E.K. Consulting
  • Microsoft
  • Moelis & Company
  • Cornerstone Research
  • Facebook
  • Guggenheim Partners
  • IBM
  • Kirkland & Ellis LLP
  • KPMG LLP
  • PepsiCo
  • RBC Capital Markets
  • Samsung Electronics America

Notable Alumni

NYU Stern School of Business, Stern MBA Program - Notable Alumni

Stern’s global alumni community includes 110,000 members in 138 countries. Here is a list of the notable alumni of the Stern School of Business:

  • Vivek Wadhwa (an American technology entrepreneur)
  • Dawn Marie Psaltis (an American actress, retired professional wrestler and professional wrestling valet),
  • Carlos Calleja (a Salvadoran businessman and politician)
  • Amy Siskind (an American activist and writer)
  • William R. Berkley (President, WR Berkley Corp.),
  • Robert Greifeld (CEO, NASDAQ),
  • Vanessa Audi Rhys O’Brien (a British-American mountain climber, explorer, public speaker, and former business executive),
  • Nomi Prins (former MD, Goldman-Sachs),
  • Celina Midelfart (a Norwegian businesswoman)
  • Kenneth Gerard Langone Sr., (an American billionaire businessman, investor, and philanthropist)
  • Scott Rothbort (an American investor, businessperson, and professor)
  • James Louderback (CEO of VidCon, previously the CEO of Revision3)
  • Christopher Nixon Cox (an American lawyer)
  • Cathy Yan (an American film director, screenwriter, and producer)
  • Daniel Shulman (CEO, PayPal), and
  • Henry Kaufman (President of Henry Kaufman & Company, Inc.)

Other MBA programs you should consider

The following are some other schools that are a close match to Stern in terms of GMAT and GPA, age and work experience. We have listed the programs by stretch, match, and safety. Note that these options are presented on the basis of the schools’ brand image and ranking status as a general yardstick.

Stretch Schools: Harvard, Stanford, Wharton

Match Schools: Booth, Columbia, Kellogg

Safety Schools: MIT Sloan, Duke Fuqua, Yale SOM

Do you have a low GMAT score? Sign up for our free e-GMAT Trial course. We can also help you with a personalized study plan and give you access to quality online content to prepare.

FAQs- NYU Stern MBA Program

How long is MBA in NYU Stern School of Business ?

NYU Stern full-time MBA program is for 2-years.

What GMAT score do I need for NYU Stern MBA?

You need at least 700+ GMAT score for top business schools like NYU Stern. The average GMAT score for NYU Stern incoming class of 2022 is 723, with a GMAT range of 640-780.

How much is an MBA at NYU Stern?

For incoming NYU Stern MBA batch 2020-2021, the MBA tuition fee is $76,780.

Which are the top business schools in USA?

Some of the top MBA programs in USA are:
1. Stanford GSB
2. Harvard Business School
3. UC Berkeley
4. MIT Sloan
5. Wharton School of Business
Check out the top 25 business schools in 2020.

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