NYU Stern MBA Review

Key Takeaways

• Program Overview: The two-year full-time NYU Stern MBA program emphasizes leadership, innovation, and experiential learning, preparing students to navigate and influence the ever-changing business landscape.
• Class Profile: The class includes a diverse group of students with an average GMAT score of 729, an average GPA of 3.6, and 44% international students from over 30 countries. The cohort consists of 41% women, promoting a balanced and inclusive environment.
• Tuition Fees: The total tuition fee for the NYU Stern MBA program is $82,326 per year, with additional costs for living expenses and other fees.
• Employment and Salary: Graduates have a 94% employment rate within three months of graduation, with an average salary of $151,000. Major employment sectors include consulting (32%), finance (30%), and technology (20%).

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.

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. 

NYU Stern  MBA Acceptance Rate

The NYU Stern School of Business has an acceptance rate of approximately 27%. This rate reflects the program's balance between selectivity and accessibility, allowing it to admit a diverse cohort of students with strong academic and professional profiles. The acceptance rate indicates a moderately competitive application process.

Introduction to Faculty at NYU Stern 

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.

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:

• GMAT (administered by Pearson VUE)
• GRE (administered by Educational Testing Services (ETS))
• TOEFL, IELTS, or Duolingo English Test
• Essays (Three Essays, 150 words maximum)
• 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

Video Content for Application Process

Program and Curriculum of NYU Stern MBA

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

As per Course Index, Stern provides over 200 electives and more than 20 specializations. Each specialization consists of 9 credits, or approximately 3 courses. You can use the dropdown menu below to view the courses included in each specialization.

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
• Marketing
• Technology
• Strategy
• Entrepreneurship
• Global Business
• Consulting
• Leadership and Ethics

Experiental Learning

NYU Stern School of Business is known for its innovative and hands-on approach to business education, with a strong emphasis on experiential learning. 

• Tech and the City: Explore the intersection of technology and urban environments, focusing on innovations shaping modern cities.
• Consulting Lab: Branding + Innovation: Gain hands-on experience in strategic branding and innovative solutions through consulting projects.
• Endless Frontier Labs: Engage in an entrepreneurial journey, receiving mentorship and guidance to develop and launch innovative ventures.
• Board Fellows Program: Serve as a non-voting board member for a nonprofit organization, gaining governance and leadership experience.
• Investment Funds : Learn the fundamentals of investment management and portfolio analysis through practical exercises and real-world simulations.
• Additional Courses & Projects:  Access a range of elective courses and projects tailored to your interests and career goals, offering diverse experiential learning opportunities.

Specializations 

NYU Stern School of Business offers MBA students a wide array of specializations, enabling them to tailor their education to their career goals and interests. Some of the specializations are - 

• Accounting
• Banking
• Brand Management
• Business Analytics
• Corporate Finance
• Digital Marketing
• Economics

Fees and Financing 

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.

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 Full time MBA scholarship, all details will be in your admission letter.

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

Employment Upon Graduation

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.

Know more at: Employment Report | NYU Stern                                                                                                                                                             

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.

What NYU Stern askes for in its top Applicants. 

• 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?

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

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.