The NYU Stern School of Business is among the oldest & 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. Located a stone’s throw away from Wall Street, it is no surprise that it sends over a third 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 and employment reports. Following is a brief outline of this article:
- Trivia about NYU Stern
- General information about the NYU Stern School of Business
- Class profile, cost of attendance, median salary
- Incoming class profile 2018
- Pre-MBA industry of incoming class 2018
- NYU Stern 2019-2020 MBA Application Deadlines
- NYU Stern MBA employment report and salaries
- NYU Stern MBA Program: Major Employers
- NYU Stern School of Business: Notable Alumni
- Other MBA programs you should consider
Trivia on 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
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|
|4||GMAT Range||650 – 760|
|5||Work Experience (Average)||5.3 years|
|6||Tuition Cost (per year)||$71,676|
|8||% Employed after graduation||98%|
NYU Stern’s 2018 incoming class profile
NYU Stern’s MBA incoming class of 2018 had students from 48 countries, which is one of the highest among the top US business schools. Out of 3,781 applications, 876 gets admitted at the rate of 23% out of which 370 gets enrolled.
Here is the detailed statistics on Stern’s MBA incoming class of 2018:
|3||GMAT Scores (80% range)||660 – 760|
|4||Undergraduate GPA (80% range)||3.12 – 3.80|
|5||Work Experience (100% range)||0 – 13 years|
|6||Average age (100% range)||21 – 36|
|7||% of women in the class||35%|
|8||% of international citizens||39%|
Pre-MBA industry of Stern’s incoming class 2018
Below are the detailed statistics on the pre-MBA industry of Stern’s incoming class of 2018:
|S. No.||Industry||Pre-MBA work experience|
|6||Consumer Products, Retail||6%|
|7||Non-Profit, Arts, Education||6%|
|9||Advertising, Public Relations||3%|
|10||Manufacturing, Import/Export, Trade||3%|
NYU Stern 2019-2020 MBA 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. Check the deadlines before you miss the chance to get enrolled.
|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 School of Business MBA Program: Employment and Salaries
The maximum of Stern’s MBA graduates opted employment in finance and other related industries such as consulting & investment banking. For the outgoing class of 2018, 33.80% of students accepted employment in finance and other related industries followed by 28.40% and 26.20% in consulting and investment banking respectively. Below are the employment statistics of the Stern MBA outgoing class of 2018 by industry and function. The median salary was $125,000.
NYU Stern MBA – Employment by Industry
|Industry||%||Average Base ($)||Median Base ($)||Low ($)||High ($)||Average Signing Bonus ($)|
|Consumer Packaged Goods||5.20%||106,647||106,000||95,000||135,000||27,143|
|Diversified Financial Services||3.70%||113,333||110,000||100,000||125,000||28,188|
|Financial Services – Other*||0.90%||118,333||115,000||110,000||130,000||26,667|
|Transportation & Logistics Services||0.30%||NA||NA||NA||NA||NA|
NYU Stern MBA – Employment by Function
36.80% of students of the Stern MBA class of 2018 accepted offer in Consulting followed by Finance/Accounting (34.7%), Management (24.50%) and Investment Banking (21.50%).
|Function||%||Average Base ($)||Median Base ($)||Low ($)||High ($)||Average Signing Bonus ($)|
| Private Wealth
|Information Technology/Data Analytics||2.10%||126,667||125,000||100,000||145,000||26,000|
NYU Stern MBA – Employment by Location
A majority (93%) of the outgoing MBA class finds employment in the United States itself. Post-MBA salaries are also higher in the US as compared to Asia, Europe, Oceania, the Caribbean, and Latin America.
|North American Region||%||Average Base ($)||Median Base ($)||Low ($)||High ($)|
|Latin America & the Caribbean||0.60%||NA||NA||NA||NA|
Major recruiters from the NYU MBA Program
Stern’s employer partners have a benefit of accessing more than 2,500 full-time, part-time, and executive MBA students, as well as alumni. These following companies hired a minimum of 3 to 25 graduates individually from the Stern MBA class of 2018
- Credit Suisse
- McKinsey & Company
- P Morgan Chase
- Bain & Company
- Goldman Sachs & Co.
- Boston Consulting Group (BCG)
- Ernst & Young
- Bank of America Merrill Lynch
- Pfizer Inc.
- American Express
- Moelis & Company
- Guggenheim Securities
- Evercore Inc.
- Deutsche Bank
- RBC Capital Markets
- Estée Lauder Companies Inc.
- Altice USA
- Analysis Group, Inc.
- Barclays Capital Group
- L.E.K. Consulting
- Johnson & Johnson
- A.T. Kearney
NYU Stern School of Business – 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.