Stern MBA: Everything You Need to Know

NYU MBA Class Profile

As you ask yourself how to get into NYU for B-school, it’s helpful to consider the class profile for Stern MBA students. Who are these students, academically and demographically? The information in the table below helps you see how you compare to those admitted.

NYU MBA Students, By the Numbers

So, what GPA do you need to get into NYU’s MBA program? And what GMAT score do you need for NYU? For that matter, what is NYU Stern’s acceptance rate? The answers to these questions and more can be found in the following table.

Class Size360
Acceptance Rate19.5%
GMAT Scores729 (average)
700-760 (middle 80%)
GRE Scores162 (average for both Quant and Verbal)
157-168 (middle 80%, Quant)
157-167 (middle 80%, Verbal)
GPA3.6 (average)
3.3-3.9 (middle 80%)
Average Years of Work Experience5.1
Women41%
Minorities36%
Underrepresented Minorities17%
International Passport Holders 32%

You can find more information at the source page of that table: the official NYU MBA class profile page. That page will tell you more about students’ work experience, academic background, and other defining characteristics.

NYU Stern

How to Get Into NYU Stern

So far, I’ve given you information that helps you to see the backgrounds and some of the defining characteristics of who gets into the NYU Stern MBA program. If you like what you see in the table above, the next step is to look at how to get into NYU Stern.

I’m referring to the application requirements. Below is a list of the things you need to do when you apply for the Stern MBA—a guide on how to get into NYU Stern, if you will.

The “How to Get Into NYU Stern” Checklist

  • Scores for one of the following tests:
  • Transcripts and degrees from all previous higher education (undergraduate and graduate)
  • Résumé or CV
  • Work history
  • Three application essays (plus a possible fourth optional one)
    • Professional aspirations essay (150 word maximum)
    • Essay about embracing change (350 word maximum)
    • “Visual” essay (6 pictures with captions)
    • One additional optional essay to give more information about yourself (250 word maximum)
    • See NYU Stern’s application essays web page for more info.
  • Two recommendations
    • One must be from a current supervisor; if that’s not possible, you’ll need to provide an explanation as to why.
    • See the Stern MBA EQ Endorsements page for more details on recommendations.

This checklist should get you started. For full details, including how to submit your application materials, see the official Stern MBA application website. For a table of application deadlines, see the Stern deadlines page.

Academics and Programs for an NYU Stern MBA

The Stern MBA academics web page—and the links on that page—have a wealth of information. Below, I’ve summarized the key aspects of Stern’s academic offerings.

Part Time and Full Time Programs

NYU Stern offers both full and part-time MBA programs, allowing more students to simultaneously enjoy the benefits of work and graduate business study in New York City. The campus’ Greenwich village location is easily accessible via public transportation.

Electives and Concentrations

It’s because of this location that NYU Stern’s program offerings are a bit different from most business schools. While most MBA programs have more full-time than part-time students, the reverse is true at NYU. Within the MBA program, NYU has about roughly three times more part-time students than it does full-time students (source: U.S. News and World Report). Without a doubt, this makes the experience of attending NYU, especially as a full-timer, very different.

The curriculum at NYU is focused on a core curriculum followed by many electives. For students looking for variety or choice, NYU offers the opportunity to do half of your degree through electives. This flexibility is particularly nice for the large part-time contingent. Being able to choose freely among courses makes a part-time degree a lot easier to manage. You can read more about the core courses and the electives on NYU Stern’s curriculum page.

There’s far more to the curriculum than just the wide variety of electives. The Stern MBA program offers optional concentrations in 27 different areas. If you find it hard to pick just one, you’re in luck. Because the Stern MBA is so flexible and customizable, you can complete up to three concentrations during your studies.

Other Stern MBA Programs

Besides the standard full-time or part-time MBA programs, NYU Stern also offers Executive MBAs, and MBAs in Tech and Fashion and Luxury. Dual degrees are possible as well!

Non MBA Business Grad Degrees at Stern

But wait, there’s more! One thing that makes the NYU Stern Business School unique is its sheer volume of non-MBA offerings.

For one thing, you can choose from nine different non-MBA Masters degrees. Choices include MS degrees in Accounting, Marketing and Retail Science, Global Finance, and more. This page on the NYU Stern website will provide more information for those who are interested in a Stern MBA and want also to explore similar grad school options.

If you’re especially interested in the academic end of the business world, Stern’s PhD program, a degree you may want to pursue after finishing your Stern MBA, may be right for you. Of course, going right into that PhD or starting in the pre-Doctoral program is also an option.

Is NYU a good choice for your MBA?

Is the Stern MBA good? Well, it’s well-ranked and well-respected, ranked at number 10 for American MBA programs by U.S. News and World Report. That said, there are a number of comparable top MBA programs you could choose from in the top 10 or 20 B-schools. The real question here is whether or not the Stern MBA is good for you.

 

Advantages of NYU Stern

 

One decided pro in favor of attending NYU’s business school is the flexibility you get. Not only can you easily be either part-time or full time, but you can also take a very wide variety of electives and concentrations. As noted above, you can also take pursue other degree paths, outside of but similar to the traditional MBA.

Stern also emphasizes research and hands-on-experiences in building businesses. The Stern MBA program’s research initiatives and supports for entrepreneurship are world class!

The long-term benefits of earning a Stern MBA—the employment outcomes—also look good. Within three months of graduation, 92% of graduates have received job offers, and 89% of them have accepted a job. Furthermore, the jobs tend to be great ones! Nearly 65% of all Stern MBA graduates go on to work in consulting or financial services. The average starting salary for a NYU Stern MBA graduate is $143,858 a year. Of course, there’s a lot more to the employment numbers than just the figures above. Fortunately, Stern is very transparent about its employment outcomes, You can read their full employment report to learn more.

Possible Disadvantages to the NYU Stern School of Business

There are downsides as well. For one thing—as you may have inferred when reading the student profile—NYU Stern is not very diverse. At least, not in comparison to many other similarly high-profile business schools. They have a lower proportion of women, and both minorities and underrepresented minorities are—well—underrepresented.

The cost is also a consideration. Tuition is $157,400 total for two years as a full time MBA student, and the registration fees alone cost well over four thousand dollars (source: NYU Stern). This is not expensive per se compared to comparable world-class MBA programs. Still, B-school isn’t cheap, and the costs I outline above can feel particularly challenging when stacked alongside New York City’s high cost of living. To maximize your return on investment, accepted students are encouraged to apply for Stern MBA scholarships.

Still, if you want to be at the epicenter of US and world finance, NYU is in New York, and, as Woody Allen, one of the most famous New Yorkers has said, “At least 90% of life is showing up.” Being in New York is different from not being in New York, and for some, that difference alone just might make NYU Stern more than worthwhile, even when downsides are considered.

And if the downsides still leave you with a few doubts, take heart– Magoosh can still provide guidance! You see, NYU is just one of the many schools we give admissions advice on. See our Top MBA Programs post for a list of other recommended programs, with links to additional admissions guides for other B-schools!

Ready to get an awesome GMAT score? Start here.

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Authors

  • David Recine

    David is a Test Prep Expert for Magoosh TOEFL and IELTS. Additionally, he's helped students with TOEIC, PET, FCE, BULATS, Eiken, SAT, ACT, GRE, and GMAT. David has a BS and MA from the University of Wisconsin-Eau Claire and an MA from the University of Wisconsin-River Falls. Early in his career, he worked for Disney Consumer Relations, later moving on to become a business banker at Wells Fargo. Once David discovered his passion for education, he started teaching K-12 ESL in South Korea. He soon branched out into adult learning, teaching undergraduate and MBA-level communication and writing classes at American universities. During this time, David also taught business communication to employees at Hyundai, Cargill, and Nestle, and trained English teachers in America, Italy, and Peru. His work at Magoosh has been cited in many scholarly articles, his Master's Thesis is featured on the Reading with Pictures website, and he's presented at the WITESOL (link to PDF) and NAFSA conferences. Come join David and the Magoosh team on Youtube, Facebook, and Instagram, or connect with him via LinkedIn!

  • Thomas J. Miller

    Few people are as familiar with the ins and outs of the GMAT's sections as is Tom Miller. Since 1995, when the exam was pencil and paper only, Tom has designed, taught, and edited programs for several international test prep companies and MBA programs to address each change in the exam’s content and format. His students have gone on to graduate from many of the world’s top MBA programs.   Tom has authored an acclaimed GMAT grammar crash course, “Verbal Boot Camp”, and has a long track record of helping the “math-phobic” successfully get their scores up to the level required to succeed in business school. He has also helped many students get the superior scores required for scholarships and admission to the world’s top MBA programs.   Tom’s business school experience goes beyond the particulars of the GMAT. He has taught Economics and Statistics as an Executive in Residence and Adjunct Professor at the Butler University MBA program and taught Business Business Law at Stenden University in Qatar, where he was the faculty Senior Lecturer.   Tom has won numerous awards for his publications on leadership, core values, and peak performance in “Proceedings” of the US Naval Institute and is the first enlisted man to win the Navy League of the United States’ Alfred Thayer Mahan Award for Literary Achievement.   Tom holds degrees in English, German, and Art History from Indiana University, and a law degree from the Cleveland Marshall College of law. You can connect with him on LinkedIn for further information.

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