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NYU Stern MBA Program – Class Profile | Employment Reports & Salaries

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 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, it’s class profile, employment reports & salaries. Following is a brief outline of this article:

Trivia about NYU Stern School of Business

  • 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.
  • As per FT ranking, Stern is ranked at 23rd place, managed previous ranking trends.
  • In US News’ Stern is ranked 12 along with Duke Fuqua for Best Business Schools ranking 2017 (for US schools).
  • According to US News, Stern is the third-best B-school for MBA in Finance in the US.

General information about the NYU Stern School of Business

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 Program – Class profile, cost of attendance, median salary

Below are the details on the Stern MBA program’s class profile, cost of attendance, median salary. In terms of the tuition fee, Stern’s MBA is one of the most expensive MBA programs.

S. No. NYU Stern School of Business Numbers
1 Average GMAT 721
2 Average GPA 3.52
3 Class Size 876
4 GMAT Range 680 – 750
5 Work Experience (Average) 5.2 years
6 Tuition Cost (per year) $74,184
7 Average Age 28
8 % Employed after graduation 94.2%
9 Median Salary $140,000

NYU Stern MBA:  2021 incoming class profile

NYU Stern’s MBA incoming class of 2019 had students from 37 countries, which is one of the highest among the top US business schools. Out of 3,518 applications, 919 students were admitted at a rate of 26% out of which 350 students enrolled.

Following are detailed statistics on NYU Stern MBA’s incoming class of 2019:

S. No. Title Number
1 Applications received 3,518
2 Enrolled 350
3 GMAT Scores (80% range) 680 – 750
4 Undergraduate GPA (80% range) 3.17 – 3.84
5 Work Experience (100% range) 0 – 14 years
6 Average age (100% range) 21 – 39
7 % of women in the class 37%
8 % of international citizens 33%

Pre-MBA industry: NYU Stern MBA incoming Class of 2019

Pre-MBA Industry_ NYU Stern MBA Class of 2019

Below are the detailed statistics on the pre-MBA industry of Stern’s incoming class of 2019:

Pre-MBA Industry Percentage
Financial Services 29%
Consulting 12%
Other 10%
Technology 8%
Nonprofit, Arts, Education 7%
Consumer Products, Retail 7%
Military, Government 6%
Entertainment, Media 5%
Real Estate 4%
Healthcare, Pharmaceuticals 3%
Advertising, Public Relations 3%
Law 2%
Manufacturing, Import/Export, Trade 2%
Energy 1%
Engineering 1%

NYU Stern MBA: Class of 2019 Pre-MBA Majors

Pre-MBA Majors- NYU Stern MBA Class of 2019

Pre-MBA Major Percentage
Business 30%
Engineering, Math, Science 22%
Social Science 20%
Economics 15%
Humanities, Arts, Other 13%

NYU Stern MBA: 2019-2020 Application Deadlines

Stern’s School of Business acceptance rate was 23% for 2018 admissions. The admission process is highly competitive, and we recommend applying either before the 1st or 2nd deadline.

Deadline  Initial Notification* By
1st Deadline October 15, 2019 January 1, 2020
2nd Deadline November 15, 2019 February 1, 2020
3rd Deadline January 15, 2020 April 1, 2020
4th Deadline March 15, 2020 June 1, 2020

NYU Stern MBA Program: Employment and Salaries

37.1% of  Stern’s MBA graduates opted employment in Consulting overtaking finance as the largest employer of NYU Stern MBA graduates in 2019. For the outgoing class of 2019, 29.4% of students accepted employment in finance.

Below are the detailed employment statistics of the Stern MBA outgoing class of 2019 by industry and function. The median salary & bonus for the outgoing class of 2019 was $140,000 & $30,000 respectively.

NYU Stern MBA – Employment by Industry

NYU Stern MBA_ Employment by Industry (2019)

Industry % Average Base (US $) Median Base (US $) Low (US $) – High (US $) Average Signing Bonus (US $)
Consulting 37.10% 144,823 150,000 53,310 – 186,000 29,764
Consumer Packaged Goods 5.60% 111,278 110,000 100,000 – 135,000 30,333
Financial Services 29.40% 136,758 150,000 61,000 – 180,000 57,323
Diversified Financial Services 1.80% 101,000 105,000 61,000 – 130,000 33,333
Investment Banking 22.60% 143,194 150,000 100,000 – 180,000 60,713
Private Equity 1.50% 120,000 120,000 110,000 – 130,000 73,333
Venture Capital 1.80% 114,500 130,000 77,500 – 150,000 46,250
Other* 1.80% 125,000 122,500 100,000 – 165,000 16,750
Healthcare/Pharmaceuticals/Biotech 2.10% 119,286 115,000 105,000 – 140,000 25,000
Entertainment/Media/Sports 2.10% 110,429 90,000 75,000 – 175,000 18,917
Real Estate 2.10% 122,500 120,000 115,000 – 135,000
Retail 1.50% 122,000 125,000 90,000 – 140,000 $15,000
Technology/Telecommunications 15.00% 121,712 121,500 72,000 – 185,000 $37,256
Law 2.90% 185,556 190,000 150,000 – 200,000
Energy 0.30%
Executive Search 0.30%
Hospitality 0.60%
Manufacturing 0.30%
Non-Profit/Education 0.90%

NYU Stern MBA – Employment by Function

NYU Stern MBA - Employment by Function (2019)

45.3% of students of the Stern MBA class of 2019 accepted offers in Consulting followed by Finance/Accounting (30.6%), Management (5.9%) and Marketing & Sales (10.90%).

Function % Average Base ($) Median Base ($) Low ($) – High ($) Average Signing Bonus ($)
Consulting 45.30% 139,670 150,000 53,310 – 186,000 30,230
Business Development/Sales 5.00% 118,767 120,000 70,000 – 175,000 34,389
Strategy 3.80% 122,109 122,500 75,000 – 155,000 34,167
Management 32.60% 144,720 150,000 53,310 – 186,000 29,898
Technology 2.40% 140,000 142,500 110,000 – 158,000 30,063
Other 1.50% 130,400 125,000 117,000 – 155,000 18,333
Finance/Accounting 30.60% 135,758 150,000 61,000 – 185,000 55,379
General/Corporate 4.10% 116,429 117,500 90,000 – 130,000 34,273
Investment Banking 18.80% 148,051 150,000 120,000 – 180,000 62,121
Private Wealth Management 1.80% 125,000 125,000 125,000 – 125,000 54,583
Private Equity 2.40% 110,357 115,000 77,500 – 130,000 51,000
Other 3.50% 116,455 120,000 61,000 – 185,000 36,500
Management 5.90% 118,588 115,000 80,000 – 165,000 33,909
General Management 4.40% 117,000 115,000 80,000 – 165,000 39,125
Merchandising 0.30% † – †
Project Management 1.20% 135,000 135,000 125,000 – 145,000
Information Technology/Data Analytics 0.90% † – †
Marketing/Sales 10.90% 120,559 120,000 85,000 – 178,000 27,532
Brand Management 3.50% 112,136 108,000 100,000 – 133,500 25,682
General 2.40% 114,125 115,750 85,000 – 140,000 23,000
Product Marketing 1.20% 143,250 135,000 125,000 – 178,000 25,000
Product Management 3.80% 125,006 122,500 85,500 – 162,000 34,444
Operations 3.50% 110,917 121,500 72,000 – 135,000 37,188
Law 2.90% 176,300 190,000 93,000 – 200,000

NYU Stern MBA – Employment by Location

A majority (90.2%) of the outgoing MBA class finds employment in the United States itself. Post-MBA salaries are also higher in the US as compared to Asia, Europe, Oceania, the Caribbean, and Latin America.

NYU Stern MBA - Employment by Location (2019)

North American Regions % Average Base ($) Median Base ($) Low ($) – High ($)
Mid-Atlantic 4.30% 130,577 130,000 77,500 – 190,000
Midwest 2.00% 123,800 108,000 85,000 – 165,000
Northeast 74.90% 139,565 150,000 75,000 – 200,000
South 1.00% 118,667 115,000 76,000 – 165,000
Southwest 2.00% 143,667 157,500 97,000 – 165,000
West 15.20% 135,630 130,000 72,000 – 190,000
Canada 0.70% † – †
World Regions
Asia & Middle East 6.00% 113,159 112,285 70,000 – 180,000
Europe 2.70% 102,701 107,000 53,310 – 136,000
Latin America & the Caribbean 1.20% 102,500 100,000 95,000 – 115,000
North America 90.20% 137,957 145,000 72,000 – 200,000

Major recruiters from the NYU Stern MBA Program

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

NYU Stern School of Business – 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

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

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