Nyu Stern Masters Acceptance Rate (2022)

Acceptance Rate

December 29, 2021 Admin

NYU Stern offers a range of MBA programs tailored to meet your specific professional and academic goals. The full-time MBA program is for 2 years, with a new co-curriculum designed to help MBAs become adept at impacting, understanding, and driving change.

The Change: Studio is designed for students in the 2-year MBA program to prepare for careers by developing confidence and skills to thrive in a world of constant ambiguity and change.

NYU Stern MBA program has also received STEM designation which will allow its international graduates a chance to extend their stay by 24 months over the 12 months that is currently offered.

NYU’s Stern School of Business is among the oldest & most well-renowned business schools, which was established in 1900 by Charles Waldo Haskins. In the league of the 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 almost 30% of its class into the Finance industry.

This article will help you in your research about the NYU Stern MBA Program, its class profile, employment reports & salaries. Following is a brief outline of this article:

What is the tuition for NYU Stern’s MBA program?

The tuition for NYU Sterns MBA program is $78,700 per year. The total cost of the NYU Stern MBA program is $122,541 per year; this includes budgeted living expenses.

How hard is it to get into NYU Stern’s MBA program?

The acceptance rate for NYU Stern is 19%. It is important to consider the acceptance rate in the context of the student profile of those who are admitted. For example the average GMAT score is 721.

What is the average GMAT score for admission to NYU Stern’s MBA program?

The average GMAT score for the incoming class at NYU Stern is 729. The GMAT middle 80% range is 700 to 760.

3 Records For NYU Stern’s MBA Class Of 2022, But A Much Smaller Class

“Despite the forces at work restricting the free flow of high-skilled immigrants to the U.S., the demand for a Stern MBA among international students remained very strong this year,” Sundaram says. “However, in late July, in view of the continuing uncertainty created by ICE pronouncements — adding to an already stressful situation for many new students of closed U.S. consulates worldwide — we made a conscious decision to offer all our international admits the option to defer for a year at the cost of admitting a smaller class.

NYU Stern released its class profile today (September 4) and highlighted more good news: The school upped its percentage of underrepresented minorities in both calculations — with U.S. citizens and permanent residents who identify as African American/Black, Hispanic, or Native American/Alaska Native, from 9% to 12%; and including those demographics as well as U.S. citizens and permanent residents who identify as Asian and Hawaiian native/Pacific Islander, which Stern reports is 32% of the incoming class. That latter figure is up from 27.1% last year.

Video: HOW I GOT INTO NYU STERN (GPA, SAT, Application + TIPS)

“Despite the forces at work restricting the free flow of high-skilled immigrants to the U.S., the demand for a Stern MBA among international students remained very strong this year,” Sundaram says. “However, in late July, in view of the continuing uncertainty created by ICE pronouncements — adding to an already stressful situation for many new students of closed U.S. consulates worldwide — we made a conscious decision to offer all our international admits the option to defer for a year at the cost of admitting a smaller class.

Another New York B-school is reporting a strong MBA Class of 2022. Days after Columbia Business School announced that it had received a school-record volume of applications to its full-time MBA, NYU’s Stern School of Business is further testifying to the wisdom of an extended app season with a class profile that matches or sets three school records — and that reverses a two-year slide in applications.

In the fall of 2019, the biggest chunk of incoming students came from financial services backgrounds: 28%. Another 11% hailed from consulting, and 9% from technology. Here, too, this year’s cohort is similar: 27% come from finance, 10% from consulting, and 8% from tech, while another 8% hail from nonprofit/arts/education, and 7% each from consumer products/retail and entertainment/media. Those from the advertising/public relations and healthcare/pharmaceuticals industries each make up 4% of the class, as do those with military/government backgrounds.

NYU Stern MBA Class Profile

Class Size360
Acceptance RateDoes not disclose
GMAT Average729
GPA Average3.59
Average Age28
Avg. Years Work Experience5.1 years
Diversity Women41%
Diversity Intl.32%
Pre-MBA IndustriesFinancial Services: 21% Consulting: 12% Technology: 9% Consumer Products/Retail: 9% Military Government: 9% Nonprofit/Arts/Education: 8% Entertainment/Media: 7% Healthcare/Pharmaceuticals: 5% Real Estate: 4% Advertising/Public Relations: 2% Law: 1% Manufacturing, Import/Export, Trade: 1% Engineering: 1% Energy: 1%
Undergraduate MajorsBusiness/Economics: 43% Social Science/Humanities/Arts/Other: 33% Engineering/Math/Science: 24%

The data above is from 2021 and represents the NYU Stern MBA class of 2023.* See the full report: NYU Stern MBA Class Profile

NYU Stern MBA Program

  • 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
  • In US News’s best business school 2021 ranking, Stern is ranked 10
  • In terms of the tuition fee, NYU Stern MBA is one of the most expensive MBA programs.

    Below are the details on the Stern MBA program’s class profile, cost of attendance, median salary:

    S. No.NYU Stern School of BusinessNumbers
    1Average GMAT723
    2Average GPA3.6
    3Class Size1,059
    4GMAT Range640- 780
    5Work Experience (Average)5.2 years
    6Tuition Cost (per year)$76,780
    7Average Age28
    8% Employed after graduation88.8%
    9Median Salary$150,000

    NYU Stern School of Business – General Information

    Location – Centre of Greenwich Village, near Washington Square Park in downtown Manhattan, just 5 km from Wall Street in New York.

    DeanRaghu Sundaram

    Admissions Office – NYU Stern, Henry Kaufman Management Centre, 44 West Fourth Street, New York, NY 10012 Phone: (212) 998-0100 Email: [emailprotected]

    Social mediaFacebook, Twitter, YouTube, Instagram, LinkedIn

    NYU Stern MBA Incoming class profile 2022

    NYU Stern’s MBA incoming class of 2022 had students from various countries. Around 32% of students with international citizenship and 43% of them are female. Out of 3,652 applications, 1,059 students have admitted out of which 317 students enrolled.

    Following are detailed statistics on NYU Stern MBA Class 2022 :

    Video: Stern Adcom Q&A | NYU Stern MBA Admissions | #MBA Spotlight Fair June 2021

    S. No.TitleNumber
    1Applications received3,652
    2Enrolled317
    3GMAT Scores (80% range)640 – 780
    4Undergraduate GPA (80% range)3.01 – 4.00
    5Work Experience (100% range)0 – 14 years
    6Average age (100% range)22 – 40
    7% of women in the class43%
    8% of international citizens32%

    Pre-MBA industry

    Below are the detailed statistics on the pre-MBA industry of NYU Stern MBA Class of 2022:

    Pre-MBA IndustryPercentage
    Financial Services27%
    Consulting10%
    Other10%
    Technology8%
    Nonprofit, Arts, Education8%
    Consumer Products, Retail7%
    Military, Government4%
    Entertainment, Media7%
    Real Estate3%
    Healthcare, Pharmaceuticals4%
    Advertising, Public Relations4%
    Law3%
    Manufacturing, Import/Export, Trade2%
    Energy1%
    Engineering2%

    Pre-MBA Majors

    Pre-MBA MajorPercentage
    Business29%
    Engineering, Math, Science23%
    Social Science20%
    Economics14%
    Humanities, Arts, Other14%

    NYU Stern MBA Application Deadlines 2021

    The admission process for NYU Stern MBA is highly competitive, and we recommend applying either before the 1st or 2nd deadline.

    Following are the full-time MBA Application deadline for NYU Stern MBA:

    NYU Stern MBADeadline Initial Notification* By
    1st DeadlineOctober 15, 2020January 1, 2021
    2nd DeadlineNovember 15, 2020February 1, 2021
    3rd DeadlineJanuary 15, 2021April 1, 2021
    4th DeadlineMarch 15, 2021June 1, 2021

    Do you have a low GMAT score? Sign up for our free e-GMAT Trial course. We can also help you with a personalized study plan and give you access to quality online content to prepare.

    NYU Stern MBA Employment and Salaries 2020

    33.5% of Stern’s MBA graduates opted for employment in Finacial services overtaking consulting as the largest employer of NYU Stern MBA graduates in 2020. For the outgoing class of 2020, 31.7% of students accepted employment in finance.

    Below are the detailed employment statistics of the Stern MBA outgoing class of 2020 by industry and function. The median salary & bonus for the outgoing class of 2020 was $150,000 & $30,000 respectively.

    Employment by Industry

    Industry%Median Base (US $)Average Signing Bonus (US $)
    Consulting31.7%$165,000$30,619
    Consumer Packaged Goods6.3%$112,000$28,300
    Financial Services33.5%$150,000$51,840
    Diversified Financial Services1.8%$138,000$35,000
    Investment Banking25.7%$150,000$55,065
    Asset management 2.5%$143,500$28,667
    Insurance1.4%$120,000$41,667
    Other*2.2%NANA
    Healthcare/Pharmaceuticals/Biotech4.2%$125,000$425,714
    Entertainment/Media/Sports1.1%NANA
    Non-Profit /Education0.7%NANA
    Real Estate0.7%NANA
    Retail0.7%NANA
    Technology/Telecommunications16.9%$130,000$40,450
    Aerospace/transportation0.4%NANA
    Manufacturing0.4%NANA
    Law3.5%$190,000NA

    Employment by Function

    39.9% of students of the Stern MBA class of 2020 accepted offers in Consulting followed by Finance/Accounting (33.2%), Management (6.4%), and Marketing & Sales (13.1%).

    Function%Median Base ($)Low ($) – High ($)Average Signing Bonus ($)
    Consulting39.9%$160,000$80,000-$175,000$30,600
    Business Development/Sales2.8%$128,500$80,000-$155,000$23,500
    Strategy7.4%$135,000$115,000-$170,000$31,118
    Management27.9%$165,000$80,000-$175,000$31,145
    Technology1.4%$150,000$139,500-$160,000NA
    Retail0.4%NANANA
    Finance/Accounting33.2%$150,000$60,000 – $175,000$51,655
    General/Corporate6%$121,000$60,000-$150,000$40,800
    Investment Banking20.8%$150,000$145,000-$160,000$57,161
    Investment Management 1.1%$142,000$120,000 – $145,000NA
    Research-Equity sell side 1.1%$129,000$125,000-$130,000$53,333
    Venture capital 1.1%NANANA
    Others2.9%NANANA
    Management6.4%$125,000$55,44-$138,000$36,471
    General Management3.9%$110,000$55,444-$125,000$19,375
    Merchandising0.7%NANANA
    Project Management1.8%$130,000$120,000-$130,000$57,333
    Information Technology/Data Analytics1.8%$160,000$130,000-$178,000NA
    Marketing/Sales13.1%$120,000$62,400-$160,000$36,181
    Brand Management3.9%$110,000$101,000-$125,000$29,545
    General3.2%$112,000$62,400-$160,000$27,186
    Product Marketing1.1%$130,000$125,000 – $140,000$31,667
    Product Management1.1%$130,000$116,000-$160,000$51,750
    Operations1.8%$135,0004120,000-$161,200$38,333
    Law3.9%$190,000$190,000-$200,000NA

    Major recruiters

    NYU Stern’s recruitment partners have the benefit of accessing more than 2,500 full-time, part-time, and executive MBA students, as well as alumni. The following companies hired a minimum of 3 to 25 graduates individually from the Stern MBA class of 2019

  • Deloitte
  • McKinsey & Company
  • Boston Consulting Group (BCG)
  • EY
  • Amazon
  • Bain & Company
  • J.P. Morgan Chase
  • PricewaterhouseCoopers
  • Bank of America Merrill Lynch
  • Credit Suisse
  • Goldman Sachs & Co.
  • Citi
  • Google
  • A.T. Kearney
  • American Express
  • Evercore
  • Houlihan Lokey
  • Pfizer Inc.
  • Strategy&
  • Barclays Capital Group
  • L.E.K. Consulting
  • Microsoft
  • Moelis & Company
  • Cornerstone Research
  • Facebook
  • Guggenheim Partners
  • IBM
  • Kirkland & Ellis LLP
  • KPMG LLP
  • PepsiCo
  • RBC Capital Markets
  • Samsung Electronics America
  • Notable Alumni

    Nyu Stern Masters Acceptance Rate (1)

    Nyu Stern Masters Acceptance Rate (2)

    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

    The 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 and ranking status as a general yardstick.

    Video: I GOT MY DECISION FROM NYU STERN | ADMIT / REJECT 🧐 | MS IN USA 🇺🇸

    Stretch Schools: Harvard, Stanford, Wharton

    Match Schools: Booth, Columbia, Kellogg

    FAQs- NYU Stern MBA Program

    NYU Stern full-time MBA program is for 2-years.

    You need at least 700+ GMAT score for top business schools like NYU Stern. The average GMAT score for NYU Stern incoming class of 2022 is 723, with a GMAT range of 640-780.

    For incoming NYU Stern MBA batch 2020-2021, the MBA tuition fee is $76,780.

    Some of the top MBA programs in USA are: 1. Stanford GSB 2. Harvard Business School 3. UC Berkeley 4. MIT Sloan 5. Wharton School of Business Check out the top 25 business schools in 2020.

    Video: What is NYU Stern is looking for in applicants?
    Video: HOW I GOT INTO NYU STERN // gpa, stats, activities + general college application tips

    FAQs

    Nyu Stern Masters Acceptance Rate?

    Getting accepted to NYU Stern, which Fortune ranks as the No. 7 MBA program in the country. But it's very competitive; only 19% of applicants are admitted. In many ways, the nation's top business schools are all competing for the same “type” of students who are both book and street smart.

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    Videos

    1. NYU Stern Graduate Classes of 2020 and 2021 Convocation
    (NYU Stern)
    2. HOW I GOT INTO NYU! | Grad School Admissions Advice No One Tells You...
    (Sonal Patel)
    3. All Your NYU Stern Questions Answered | MBA Spotlight 2020
    (GMAT Club)
    4. What Makes NYU Stern So Special - Experiences of Students & Alumni | #MBA Spotlight Fair June 2021
    (GMAT Club)
    5. NYU Stern Graduate Class of 2022 Convocation
    (NYU Stern)

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