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NYU Stern MBA Review


10 minutes

Table of Contents

    Introduction

    NYU Stern offers a range of MBA programs modified to support individuals in achieving their distinct professional and academic goals.

    The flagship program is the two-year full-time MBA, which now features a new co-curriculum aimed at enhancing students' capacity to drive change, understand complexities, and exert influence.

    At the core of the two-year MBA program is The Change: Studio, an innovative initiative designed to equip students with the confidence and skills required to thrive in an ever-evolving and ambiguous business landscape. 

    This experiential learning environment empowers students to navigate the challenges of constant change and uncertainty, preparing them for successful careers in a dynamic professional world.Through this unique program.

    Program length 24 months
    Tuition Fees
    MBA 2024
    $84,180
    Program deadline
    MBA 2024
    Round 1: September 18, 2023
    Round 2: October 18, 2023
    Round 3: January 18, 2024
    Round 4: April 18, 2024

    Intakes 2
    Application fees USD $250

    Class Profile

    Students from several nations made up the 2024 NYU Stern Class profile. Approximately 44% of students have international citizenship, and 45% are female. 324 students were accepted out of 3,553 applicants. 99% of the students have work experience, with the average class work experience being 5.2 years.

    The majority of the students come from the financial services, accounting and technology sectors. The rest of the students have a background in consumer product retail, military and government, Entertainment & Healthcare. 

    Average GMAT 732 (Range: 650-780)
    Average GRE 163 (Range: 155-169)
    Average GPA 3.61 (Range 2.96-4.00)
    Average work experience 5.2 years (100% Range : 0-14 Years)
    Average age 28 (100% Age Range : 21-27)
    Pre-MBA industry
    MBA2025
    Financial Services: 26%
    Consulting 12%
    Technology 10%
    Military Government 8%
    Entertainment 5%


    Pre-MBA location
    MBA 2025
    Asian American 33%
    African American 9%
    Non Hispanic 57%
    Class size
    MBA 2025
    3075
    Women
    MBA 2025
    43%
    Country Represented
    MBA 2025
    46

     

    NYU Stern MBA Rankings

    NYU Stern School of Business consistently ranks among the top business schools globally. Renowned for its academic rigor and strong connections to Wall Street, Stern's MBA program provides students with unparalleled access to the business community and a robust network of alumni. It offers a flexible curriculum tailored to cater to a wide range of professional interests, including finance, entrepreneurship, and technology.

    Recent rankings place Stern's MBA program among the top 10 to 20 globally, reflecting its excellence in faculty research, graduate employability, and innovation in business education. This makes NYU Stern a prestigious choice for students aiming to advance their careers in business and leadership.

    Rankings Position
    U.S News & World Report -Best Business School 2024 MBA program 7
    QS Global MBA Rankings 2024 17
    QS Global MBA Rankings 2024: United States 11

    Eligibility & Requirements for NYU Stern MBA

    To apply for an MBA at NYU Stern, you need a four-year undergraduate degree from an accredited college or equivalent. Proficiency in English is required, potentially necessitating TOEFL, IELTS, or DET exams. International students must have the correct visa for part-time programs.

    Stern's selection process is holistic, focusing on intellectual and interpersonal skills ("IQ+EQ"), academic background, professional achievements,a valid New York University MBA GMAT score, Academic transcripots, Resume & Recommendations and Essays also to alignment with the school's values.

    Application Components

    Each program at NYU Stern might have specific additional requirements, so it’s crucial to review the details for the particular MBA track you are interested in. Your application must include:

    Requirements Details
    Test scores needed -GMAT (administered by Pearson VUE)
    -GRE (administered by Educational Testing Services (ETS))
    -LSAT, administered by the Law School Admission Council
    -MCAT, administered by the Association of American     Medical Colleges
    -DAT, administered by the American Dental Association
    -TOEFL, IELTS, or Duolingo English Test

    Standardized requirements by school -Essays (Three Essays, 150 words maximum)
    -EQ Endorsement question based on several abilities and qualities
    Additional requirements -Degree Requirements
    -Transcript Requirements for the Online Application
    -Official Transcript Requirement for Enrollment
    -Résumé (or CV)
    -Work History


    You can refer to this NYU Stern MBA Programs - Admissions

    Program and Curriculum of NYU Stern MBA

    nyu stern program and curriculum

    The NYU Stern Full-Time MBA Curriculum offers a highly flexible curriculum designed to tailor the educational experience to individual student goals. The program includes a core curriculum of business fundamentals, the option to specialize in up to three areas from over 20 choices, and the flexibility to take up to 25% of courses at other NYU graduate schools.

    Stern emphasizes experiential learning with global opportunities and has strong industry connections that facilitate internships and job placements.

    1. Year One

    Required Core: Financial Accounting & Reporting, Statistics & Data Analysis, Leadership in Organizations,Team Communications

    Menu Core - Choose 5: Data ScienceFirms & Markets, Foundations of Finance, The Global Economy, Marketing
    Operations Management, Strategy (I & II)

    2. Year Two

    Electives and Specializations:

    • Select up to 3 specializations
    • Choose from 200+ electives
    • Take electives during the day or evening
    • Take up to 25% of your courses (5 courses) at other NYU graduate schools

    For all entering full-time MBA students, launch serves as a formal introduction to the program experience. Through LAUNCH, NYU Stern hopes to change MBA students' perspectives and encourage them to think broadly about how businesses may use obstacles to their advantage in order to benefit society.

    Electives

    The NYU Stern MBA program offers a diverse range of elective courses allowing students to tailor their education to their career goals. Here's a table summarizing some of the elective subjects available:

    Finance Advanced Corporate Finance, Investment Banking
    Marketing Digital Marketing, Luxury Marketing.
    Technology Tech Product Management, Fintech
    Strategy Competitive Strategy, Global Strategy
    Entrepreneurship New Venture Financing, Tech Entrepreneurship
    Global Business Global Economy, Emerging Markets
    Consulting Management Consulting, Operations Consulting
    Leadership and Ethics Ethical Leadership, Power and Politics

    Fees, Financing & Scholarships at NYU Stern MBA

    Tuition fees for the NYU Stern MBA program are detailed on our official website, reflecting our commitment to clarity and accessibility. We understand that financing your education may pose challenges, which is why we offer a range of financial aid options, including loans, fellowships, and scholarships.

    Tuition fee for the class 2024 $84,180
    Orientation Fee (LAUNCH) $1,912
    Living Expenses $36,500
    Health Insurance $4,068
    Loan Fees $216
    Application Fees USD $250

    To know more, check out: NYU Stern MBA Tuition & Cost of Attendance

    Scholarship for NYU Stern MBA Applicants

    Both domestic and international applicants can get full or half tuition covered. No extra paperwork needed - you're considered automatically with your application. Scholarship decisions come with your admission and are final. So, put your best foot forward in your application, and if you get a merit-based scholarship, all details will be in your admission letter.

    Here is enclosed Scholarships -MBA Programme | NYU STERN.

    Scholarship Name Value Eligibility
    Dean's Scholarship Variable All MBA - 100% full tuition and fees
    Named Faculty Scholarship  Up to full fees All MBA - 100% full tuition and fees
    Consortium Fellowship Up to full fees All MBA - 100% full tuition and fees
    Leadership Accelerator Scholarship Variable Awarded who demonstrated high leadership potential throughout their application
    Fertitta Veterans Scholarship Variable Awarded to military veterans who have demonstrated exceptional leadership, academic excellence, and a commitment to service. 
    William R. Berkley Scholarship Variable Awarded to students who have demonstrated exceptional leadership potential and a commitment to innovation and entrepreneurship. 
    Advancing Women in Business Scholarship Up to full fees All MBA - 100% full tuition and mandatory fees
    Forté Fellowship Full tuition + stipend Available to outstanding women applicants who demonstrate leadership potential and a commitment to advancing gender equality in business. 

    NOTE :

    Directors Scholarship - This $50,000 scholarship is for the first year of study and is awarded to admitted students showing strong merit.

    Community Scholarship - This $25,000 scholarship is for the first year of study and is awarded to admitted students showing strong merit.

    NYU Stern provides the resources and support to help you invest in your future.

    • Federal Direct Unsubsidized Loans | NYU Stern (Value :$20,500 per academic year )
    • Federal Direct Graduate PLUS Loans | NYU Stern (Value :  The total cost of attendance including Living Cost)
    • Private Student Loans | NYU Stern (Value : The total cost of attendance while others may have lower borrowing limits)
    • NYU Stern Fellowships and Scholarships | NYU Stern (depending on factors such as academic merit, financial need, and the availability of funds.

    Employment Upon Graduation

    nyu stern mba employment and placement

    The NYU STERN Career - MBA program has an outstanding reputation for preparing graduates for successful careers in various industries globally. The school's Career Center offers comprehensive support to students, including career coaching, networking opportunities, and access to job postings.

    The employment and placement are impressive, with graduates securing top positions in leading companies worldwide.According to the latest NYU Stern MBA employment & placement report, 95% of the class of 2020 secured employment within three months of graduation, with an New York University MBA salary is £78,787. The school's extensive alumni network also provides excellent opportunities for graduates to continue their professional development and connect with fellow alumni.

    Overall, it is a wise investment in your future career, with the school's strong industry connections and career services providing exceptional employment and placement outcomes.

    Average Starting Salary  $165,888
    Offer accepted upon three months of graduation 94% 
    Offer received upon three months of graduation 94.3%
    Post-program job locations North America 95.1%
    Asia & Middle East 2.4%
    Europe 2.%
    Latin America &
    the Caribbean 0.3%
    Post MBA industries
    MBA2022
    Consulting 41.9%
    Financial Services 29.4%
    Technology/Telecommunications 14.2%
    Entertainment/Media/Sports 3.4%
    Consumer Packaged Goods 3.0%

    Know more at: Employment Report | NYU Stern                                                                                                                                                             

    NYU Stern MBA Application: Essays & Interview

    NYU Stern MBA Application: Essays & Interview

    The New York University MBA essays has three questions and to write one Short answer – two compulsory and one optional. these essays allow you to more fully present yourself to the Admissions Committee and to provide insight into your experiences, goals, and thought processes. Your essays must be written entirely by you. An offer of admission will be rescinded if you did not write your essays.

     Essays

     A successful MBA essay for NYU Stern or any other top business school should not only showcase your achievements and career goals but also your personality, character, and how you can contribute to the MBA community. 

    Short Answer: Professional Aspirations

    What are your short-term career goals? ((150 word maximum, double-spaced, 12-point font)

    Essay 1

    In today’s global business environment, the only constant is change. Using NYU Stern’s brand call to action, we want to know how you view change. Change: _____ it. Fill in the blank with a word of your choice. Why does this word resonate with you? How will you embrace your own personal tagline while at Stern? (350 word maximum, double-spaced, 12-point font)

    Essay 2

    Introduce yourself to the Admissions Committee and to your future classmates using six images and corresponding captions. The Pick Six is a way to share more about the qualities you will bring to the Stern community, beyond your professional and academic achievements. Your uploaded PDF should contain all of the following elements:

    • A brief introduction or overview of your "Pick Six" (no more than 3 sentences).
    • Six images that help illustrate your interests, values, motivations, perspective and/or personality.
    • A one-sentence caption for each of the six images that helps explain why they were selected and are significant to you.

    Essay 3: Additional Information (optional)

    Please provide any additional information that you would like to bring to the attention of the Admissions Committee and/or give context to your application. This may include important aspects of yourself not otherwise apparent in your application, including but not limited to: hardships you have encountered, current or past gaps in employment, further explanation of your undergraduate record or self-reported academic transcript(s), plans to retake the GMAT, GRE, Executive Assessment, IELTS or TOEFL, or any other relevant information. (500 word maximum, double-spaced, 12-point font)

    When writing your NYU Stern MBA essay, focus on authenticity and clarity to showcase your unique journey and aspirations. Emphasize how Stern's distinct program aligns with your goals, and demonstrate your potential contribution to their community with concise, well-researched, and passionately articulated narratives.

    Interview Questions

    To effectively prepare the New York University MBA Interview Questions, it's crucial to familiarize yourself with potential questions. Below is a compiled list of example questions, categorized based on feedback from previous applicants. Here the students can refer these questions and increase the probability of admission chances in school.

    Who attends the NYU MBA program:

    • Candidates who demonstrate intellectual curiosity, critical thinking skills, and a passion for continuous learning
    • Candidates with a track record of professional achievement and leadership potential.
    • Candidates who have experience working or studying abroad.
    • Individuals who have a proven ability to lead and inspire others.
    • candidates who share this commitment

    NYU Stern admissions interview questions for the School's Full-time MBA Program are included in a trend story featuring top b-schools: "NYU Stern Admission 2023 MBA Interview Questions: A School-By-School List."

    Why NYU Stern MBA is Unique?

    what makes nyu stern mba unique

    Is NYU Stern MBA worth it?

    The NYU Stern MBA program is a unique program that provides students with an eminently balanced education while also offering access to a global network of alumni. It emphasizes practical learning experiences and accommodates students from varying backgrounds, enabling them to gain real-world knowledge and insights from classmates who come from diverse life experiences. 

    • Flexibility with regard to program tenure: MBA applicants at NYU Stern can complete their master’s degree in 15, 18, or 21 months, depending on their particular objectives. 
    • Curriculum: The MBA NYU Stern curriculum is well-known for its high quality and rigour. It strikes an interesting balance between case discussions, lectures, and group work, which is an obvious benefit for students who believe that the case method alone cannot adequately teach some fundamental ideas.
    • Student Body: For instance, 90% of the 409 students in the 2015 batch were international students representing 69 different countries. The ratio of female students continues to rise, reaching 32% in the 2015 class (from 28 per cent in the class of 2012). 
    • It’s New York: The school’s location is an important factor to consider. New York, despite its high cost of living or high NYU Stern MBA fees. 
    • Placement Opportunities: New York is one of Europe’s most vibrant business centres. It is a financial centre and home to several European headquarters, providing MBA graduates with a plethora of professional options.

    Useful Links

    Admissions | Notification & Process NYU Stern Notification Process
    Program deadlines NYU Stern MBA Deadlines
    Portal Partners Alumni NYU Stern Alumni
    Contact NYU Stern MBA
    sternmba@stern.nyu.edu
    (212) 998-0100

    Conclusion

    NYU Stern MBA is one of the best MBA colleges in USA. The program is a globally recognized program that offers a comprehensive and challenging curriculum. The program provides students with the necessary skills and knowledge to succeed in the business world and has a diverse and dynamic student community. NYU Stern is amongst the best MBA schools in USA  which has a strong placement in these industries in addition to its focus on luxury retail. 

    Know Your Author
    Photo of Abhyank
    Abhyank Srinet
    Study Abroad Expert
    Abhyank Srinet, the founder of MiM-Essay.com, is a globally recognized expert in study abroad and admission consulting.His passion lies in helping students navigate the complex world of admissions and achieve their academic dreams. Having earned a Master's degree in Management from ESCP Europe, Abhyank's expertise in data-driven marketing strategies has driven growth for some of the most competitive industries. As the founder of MiM-Essay.com, he has helped thousands of students get into top business schools with a strong emphasis on research, shortlisting, and applying to schools from a single platform. His dedication to education has also led him to create MentR-Me, a free-to-use social platform that simplifies the study abroad process for students, while providing universities with a powerful recruitment tool. As a leader in the field of admission consulting, he is constantly researching and implementing the latest strategies to ensure that his clients receive the best possible guidance. He leads the Business Development and Digital Marketing side of both companies, and has grown both ventures to 7 figure revenue.His unique insights, experience, and dedication to his clients make him a valuable resource for anyone seeking to advance their education or career.
    How long is an MBA at NYU Stern School of Business?

    NYU Stern's full-time MBA program is for 2-years

    How much is an MBA at NYU Stern?

    For incoming NYU Stern MBA batch 2022-2023, the MBA tuition fee is $82,326.

    What GMAT score do I need for NYU Stern MBA?

    You need at least a 700+ GMAT score for top business schools like NYU Stern. The average GMAT score for NYU Stern's incoming class of 2023 is 729, with a GMAT range of 620-770.

    What are the career prospects after completing the NYU Stern MBA program?

    Graduates from the NYU Stern MBA program have an impressive track record of pursuing successful careers in a wide range of industries, with many going on to assume leadership roles.

    Is there any scholarship or financial aid available for the NYU Stern MBA program?

    NYU Stern offers a range of scholarships and financial aid opportunities for MBA students, including merit-based scholarships, need-based scholarships, and loans. Applicants are encouraged to review the available options and apply early.

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