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NYU Stern School of Business MBA Program – Class Profile | Employment Reports | Notable Alumni

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.

NYU Stern School of Business MBA Program - Class Profile, Career and Employment Outcomes

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 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
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 716
2 Average GPA 3.45
3 Class Size 876
4 GMAT Range 650 – 760
5 Work Experience (Average) 5.3 years
6 Tuition Cost (per year) $71,676
7 Average Age 28
8 % Employed after graduation 98%
9 Median Salary $125,000

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:

S. No. Title Number
1 Applications received 3781
2 Enrolled 370
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:

NYU Stern School of Business - Pre-MBA Industry of the Incoming Class of 2018

S. No. Industry Pre-MBA work experience
1 Financial Services 25%
2 Consulting 13%
3 Technology 9%
4  Entertainment, Media 7%
5 Military, Government 7%
6  Consumer Products, Retail 6%
7 Non-Profit, Arts, Education 6%
8 Healthcare, Pharmaceuticals 5%
9 Advertising, Public Relations 3%
10 Manufacturing, Import/Export, Trade 3%
11 Law 3%
12 Energy 2%
13 Real Estate 2%
14 Engineering 1%
15 Other 8%

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

NYU Stern School of Business - Employment by Industry

Industry % Average Base ($) Median Base ($) Low ($) High ($) Average Signing Bonus ($)
Consulting 28.40% 140,078 147,000 83,000 170,000 27,780
Consumer Packaged Goods 5.20% 106,647 106,000 95,000 135,000 27,143
Financial Services 33.80% 125,286 125,000 70,000 170,000 46,253
      Commercial Banking 0.90% 122,167 125,000 107,500 134,000 NA
      Diversified Financial Services 3.70% 113,333 110,000 100,000 125,000 28,188
      Insurance 1.20% 125,000 125,000 115,000 135,000 37,500
      Investment Banking 26.20% 127,882 125,000 95,000 170,000 50,563
      Venture Capital 0.90% 110,000 110,000 70,000 150,000 21,333
      Financial Services – Other* 0.90% 118,333 115,000 110,000 130,000 26,667
Healthcare/Pharmaceuticals/Biotech 2.70% 115,000 115,000 100,000 125,000 27,500
Entertainment/Media/Sports 2.10% 108,000 110,000 85,000 150,000 11,667
Non-Profit 1.20% 106,250 95,000 90,000 145,000 NA
Real Estate 1.80% 122,500 112,500 80,000 200,000 NA
Retail 2.10% 104,357 110,000 85,000 120,000 NA
Technology 16.50% 123,865 130,000 70,000 145,000 38,983
Technology 15.20% 125,239 130,000 70,000 145,000 42,006
Telecommunications 1.20% 108,750 110,000 100,000 115,000 9,500
Other
Energy 0.90% NA NA NA NA NA
Hospitality 0.30% NA NA NA NA NA
Manufacturing 0.60% NA NA NA NA NA
Law 4.00% 176,923 180,000 150,000 190,000 16,000
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%).

NYU Stern School of Business - Employment by Function

Function % Average Base ($) Median Base ($) Low ($) High ($) Average Signing Bonus ($)
Consulting 36.80% 134,346 140,000 74,000 200,000 26,469
      Brand Innovation 0.30% NA NA NA NA NA
      Business Development/Sales 2.50% 124,313 117,500 90,000 200,000 24,600
      Strategy 6.40% 118,500 112,500 74,000 170,000 24,231
      Management 24.50% 139,448 147,000 80,000 170,000 27,282
      Retail 0.90% 130,667 135,000 110,000 147,000 NA
      Technology 2.10% 136,929 147,000 114,000 150,000 24,143
Finance/Accounting 34.70% 124,977 125,000 70,000 170,000 45,473
       General/Corporate 7.70% 113,854 115,000 70,000 150,000 28,963
       Investment
Banking
21.50% 130,500 125,000 110,000 170,000 52,064
      Private Wealth
Management
1.50% 119,000 125,000 95,000 125,000 43,750
      Private Equity 0.90% 113,333 110,000 80,000 150,000 NA
      Venture Capital 0.90% NA NA NA NA NA
      Finance/Accounting
– Other
2.10% 120,833 125,000 100,000 135,000 32,500
Management 6.10% 122,350 121,500 90,000 150,000 33,867
      General
Management
4.60% 124,667 125,000 90,000 150,000 37,455
      Merchandising 0.30% NA NA NA NA NA
      Project
Management
1.20% 119,250 118,500 110,000 130,000 24,000
Human Resources 1.20% 105,000 105,000 100,000 110,000 NA
Information Technology/Data Analytics 2.10% 126,667 125,000 100,000 145,000 26,000
Marketing/Sales 13.50% 118,667 119,500 85,000 142,000 36,897
      Brand Management 2.80% 104,778 106,000 95,000 108,000 25,000
      General 3.70% 111,700 110,000 85,000 132,000 13,757
      Product Marketing 0.60% 112,500 112,500 105,000 120,000 NA
     Product
Management
6.40% 128,524 130,000 100,000 142,000 49,842
Operations 1.50% 110,100 115,500 85,000 130,000 NA
Other
     Law 4.00% 176,923 180,000 150,000 190,000 16,000

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.

NYU Stern School of Business - Employment by Region

North American Region % Average Base ($) Median Base ($) Low ($) High ($)
Mid-Atlantic 2.00% 113,917 113,000 85,000 147,500
Midwest 1.70% 155,400 152,000 135,000 180,000
Northeast 77.60% 129,018 125,000 74,000 200,000
South 2.60% 130,813 132,500 100,000 147,500
Southwest 2.60% 122,125 125,000 70,000 147,000
West 13.20% 134,230 130,000 106,000 190,000
Canada 0.30% NA NA NA NA
World Region
Asia 4.00% 116,900 115,000 70,000 1,70,000
Europe 2.40% 127,625 118,500 110,000 180,000
Latin America & the Caribbean 0.60% NA NA NA NA
North America 92.70% 129,510 125,000 70,000 200,000
Oceania 0.30% 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

  • Amazon
  • Credit Suisse
  • McKinsey & Company
  • IBM
  • P Morgan Chase
  • Bain & Company
  • Deloitte
  • Goldman Sachs & Co.
  • Boston Consulting Group (BCG)
  • Citi
  • Ernst & Young
  • PricewaterhouseCoopers
  • Bank of America Merrill Lynch
  • Pfizer Inc.
  • American Express
  • Moelis & Company
  • Guggenheim Securities
  • Evercore Inc.
  • Deutsche Bank
  • Mastercard
  • Strategy&
  • RBC Capital Markets
  • Facebook
  • Merck
  • Estée Lauder Companies Inc.
  • Altice USA
  • Google
  • Analysis Group, Inc.
  • Accenture
  • UBS
  • Barclays Capital Group
  • L.E.K. Consulting
  • Colgate-Palmolive
  • Johnson & Johnson
  • A.T. Kearney

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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