The Leonard N. Stern School of Business at New York University (Stern) offers these departments and concentrations: accounting, arts administration, consulting, e-commerce, economics, entrepreneurship, finance, general management, health care administration, international business, leadership, manufacturing and technology management, marketing, management information systems, not-for-profit management, production/operations management, organizational behavior, real estate, supply chain management/logistics, quantitative analysis/statistics and operations research, and technology. Its tuition is full-time: $74,184 per year; part-time: $2,300 per credit; executive: $200,000 total program; and specialty master’s: $52,964 total program. At graduation, 85.60 percent of graduates of the full-time program are employed.

MBA students at the Stern School of Business are grouped in blocks of about 60 before starting school, and this grouping will shape their two years of graduate school education. Students in a block take core courses together, eat lunches on Mondays and even compete in the annual Block Olympics.

When not with their block, students can take electives across NYUโ€™s highly ranked schools. The Stern degree is an MBA in general management, and students can specialize in up to three areas, such as entrepreneurship and innovation or luxury marketing. Students can also complete dual degrees, often at an accelerated pace: the J.D./MBA takes four years at Stern and the NYU School of Law; an M.S. in Biology/MBA takes three years at the Graduate School of Arts and Sciences; and an MBA/M.S. in mathematics in finance takes two and a half years at the Courant Institute of Mathematical Sciences, among a few other dual degree offerings.

There are about 40 student organizations to check out, and the school’s location in New York City gives students plenty of job opportunities. Stern students can live in university housing near campus or in Manhattan. Students looking for a break from campus can take advantage of week- or semester-long study abroad trips offered through the school.

About NYU Stern School of Business 

The New York University Stern School of Business prides itself on having a vibrant and diverse community like the city in which it resides. The university strives to create leaders who embrace uncertainty and drive change in both society and the business world. They have an unequivocal belief in businessโ€™s power to improve the community. 

The belief in this power has been built into the culture and curriculum of NYU Stern School of Business. The goal is to make connections with industries worldwide, yielding experiential learning projects and jobs.

Stern values excellence that may not be traditional, both IQ and EQ, and consider themselves radically responsible. The school is known for being bold, nimble, fearless, hip, edgy, and innovative, and they have emphasized their revere for diversity, inclusion, equity, and belonging for all people and ideas.

With many accolades under the schoolsโ€™ belt, Sternโ€™s research productivity and high job placement rate are best known, with 94 percent of 2-year full-time MBA alumni receiving job offers three months after graduation.

The NYU Stern School of Business offers various programs, including the full-time MBA program, Tech MBA, a part-time MBA, Dual Degrees, Fashion and Luxury MBAs, an EMBA in New York City or Washington D.C, and the Trium Global EMBA. The school prides itself on providing a well-rounded curriculum that is customizable to cater to various students.

The institutionโ€™s objective is to provide an education that students can actively apply to the workplace, with student testimonies saying this is true and utilizing their lessons in their employment after graduating. The customizable curriculum allows students to select up to three specializations from more than twenty options.

Students can also take up to 25 percent of their courses at other NYU graduate schools or partner institutions. There are over 200 electives to choose from, taught by various top researchers and industry leaders. These varied program offerings and flexible curriculum tailor your education to your learning style. 

The NYU Stern School of Business has also implemented the LAUNCH Curriculum for full-time MBA students. This teaching method is an introduction to the NYU Stern MBA experience.

It aims to transform MBA studentsโ€™ mindsets, allowing them to view challenges as opportunities for growth and creation and push students to think broadly about how business can be an asset to society. The LAUNCH Curriculum is requirement-heavy in the first year but is significantly more customizable and flexible in the second.

A financial accounting and reporting course and a statistics and data analysis course are the required core classes in the first year. Students can choose five classes from the eight menu core classes:

  • Business Analytics
  • Firms, Markets
  • Foundations of Finance
  • The Global Economy
  • Leadership in Organizations
  • Marketing
  • Operations Management
  • Strategy

Five core classes are required in this degree plan, and students must establish proficiency in courses through prior degrees, a proficiency exam, or GPA to pass these core classes and move forward in the plan. The curriculum also includes students participating in a campus recruiting program, offering internships around the world.

Additionally, NYU Stern offers a study abroad semester exchange program with 53 exchange partners in 29 countries. Students can travel the globe through one of the DBI programs at NYU Stern School of Business available in over ten worldwide locations.

Students are permitted to select up to three specializations in their second year and choose from over 200 electives. Courses are offered during both the day and evening. Some students choose to take advantage of Stern Solutions experiential learning, which encourages immersion, service, and reflection, teaching students to tackle real-world issues in real-time. 

As mentioned before, NYU Stern School of Business prides itself on the inclusion, diversity, and belonging of all students and ideas, believing these factors are vital for advancing knowledge, sparking innovation, and creating sustainable communities.

This emphasis on diversity guarantees a higher quality of debate with students operating from diverse backgrounds, ensuring a complex academic enterprise. The culture at NYU Stern is welcoming and supports creation and free-thinking.

There are various professional and special interest clubs, along with a student blog and a variety of student profiles posted on the schoolโ€™s website with the ability to speak directly to Stern alumni. The professional clubs include the business analytics club, emerging markets association, entrepreneurship and startup association, and FinTech Association.

Stern School of Business Admission 2021 Acceptance Rate, Requirements, Deadline Application Process

Stern School of Business is located in the heart of Greenwich Village is part of the prestigious New York University. It is one of the premier schools of business and research centers in the U.S. Stern School of Business offers 5 undergraduate degrees, 7 masterโ€™s degree programs and MBA programs. It specializes in Accounting, Data Analytics, Business and Political Economy, Risk Management, International Business, Manufacturing, and Technology, etc. It offers courses in all formats- full-time, part-time, and online.

For enrollment in the class of 2019, approximately 12,500 applications were received out of which just 8% of applicants were accepted into Stern setting the fourth lowest acceptance rate in the country.

Prospective students seeking admission to the Stern School of Business must note the following point:

  • Each year the business school invites applications for 600 spots.
  • The business school has a flexible application deadline. Applications submitted even after the application deadlines will also be processed.
  • The College recommends applying when applicants feel that their application is at its strongest.
  • International applicants to the MBA at Stern Business School should submit their application no later than the January 15 deadline.
  • NYU Stern has no minimum standardized test score requirements.
  • All 3-year bachelorโ€™s degrees will be considered for admission from applicants from India.
  • Official and self-reported transcripts and degree conferrals will be verified by the Admissions Committee. The offer of admission can be revoked if there is any discrepancy between the self-reported and official transcripts.
  • An interview may be conducted by invitation only if the Admissions Committee considers it necessary.

Stern School of Business Admission Deadlines

Stern School of Business has a very strict admission policy. Thus, the students are required to follow the below mentioned specific deadlines. NYU Stern applications for undergraduate programs are now closed. Below are the deadlines for various graduate programs at Stern School of Business

Stern School of Business Graduate Application

ProgramApplication Deadline
M.B.A FinanceFall 2023 Application Deadline 1[15 Jan, 2023]
Notification Deadline for Round 1[1 Apr, 2023]
Fall 2023 Application Deadline 2[15 Mar, 2023]
Notification Deadline for Round 2[1 Jun, 2023]
M.B.AFall 2023 Application Deadline 1[15 Jan, 2023]
Notification Deadline for Round 1[1 Apr, 2023]
Fall 2023 Application Deadline 2[15 Mar, 2023]
Notification Deadline for Round 2[1 Jun, 2023]
M.S Business AnalyticsPriority Application Deadline[15 Aug, 2023]
M.S Integrated MarketingSummer 2023 Priority Application Deadline[1 Feb, 2023]
Summer 2023 Regular Application Deadline[1 Apr, 2023]
Summer 2023 Final Application Deadline[1 May, 2023]
Fall 2023 Priority Application Deadline[1 Feb, 2023]
Fall 2023 Regular Application Deadline[1 May, 2023]
Fall 2023 Final Application Deadline[1 Aug, 2023]

Stern School of Business Graduate Admissions

Stern School of Business graduate programs include 7 Early Career Professionals MSc programs and 5 Master’s Programs for Experienced Professionals.

How to Apply for Stern School of Business Graduate Programs?

Application Portal: Stern Graduate Application
Application Fees: Varies for different programs
Admission Requirements:

  • Bachelorโ€™s degree
  • English proficiency test scores
  • GPA or Aggregate Requirements: 3.0 on a 4.0 scale
  • Standardized Scores:
    • GMAT: 733
    • GRE: 162 [Verbal] | 163 [Quants]
  • Two letters of recommendation
  • 2 Essays
  • Undergraduate transcripts
  • CV/Resume
  • Interviews (by invitation only)

Program-specific admission requirements for MS courses at Stern School of Business

ProgramsAcademic QualificationsGMAT/GRE scoresDocuments required
Master of Science in AccountingA four-year bachelor’s degree in any disciplineGMAT: 650-767 GRE: 163 -170 (Q) and 153-165 (V)Two letters of recommendation | 2 Essays | Resume
MS in Data Analytics & Business ComputingA four-year bachelor’s degree in any disciplineGRE: 325Two letters of recommendation | 2 Essays | Resume
MS in Quantitative FinanceA bachelor’s degree in any financial disciplineGMAT: 720 GRE: 328Two letters of recommendation | 3 Essays | Resume
MS in Marketing and Retail ScienceBachelor’s degree in any disciplineGMAT: 688 GRE: 326Two letters of recommendation | 3 Essays | Resume
MS in Organization Management & StrategyBachelor’s degree in any disciplineGMAT: 717 GRE: 331Two letters of recommendation | 3 Essays | Resume

Highlights

Application PortalUndergraduate: Common Application
Graduate: Online Application
Application FeeUndergraduate: 80 USD
Graduate: Varies by course
Mode of PaymentOnline
Acceptance Rate8%
Average SAT score1492
Average ACT score34
Academic CalendarSemester-based
Intake SeasonsFall and Spring
Work ExperienceRequired for graduate programs
Financial AidScholarships, Loans, Bursaries
Admission Helpdeskadmissions@nyu.edu

NYU Stern School of Business Acceptance Rate

According to the most recent class profile for the graduating class of 2023, NYU Sternโ€™s admittance rate is 19%. A 10% reduction over the previous year.

NYU Acceptance Rate โ€“ Class of 2025

NYU received more than 100,000 applications for its 2020-21 freshman class and accepted roughly 15,000 students for an acceptance rate of 19%, an all-time low for the university. In 2015, the school accepted 31% of all applicants; in 2013, the rate was 35%.

NYU Early Decision Acceptance Rate

While NYU is rather secretive about ED I and ED II acceptance rates, the most recent available data suggests that those who apply ED have approximately double the acceptance rate of those who apply in the regular round.

Application Procedures

Stern offers four rounds of admission, with application deadlines typically in mid-September, mid-October, mid-January and mid-March. In addition to filling out an online biographical form, applicants must submit essays, a rรฉsumรฉ, lists of work history and extracurricular activities, and two letters of recommendation.

Applicants must also submit transcripts from each academic institution they attended, GMAT, GRE or Executive Assessment (EA) scores, and, if applicable, a TOEFL or IELTS score and supplemental form for international students.

There is a non-refundable application fee of $250. Interviews are conducted on an invitation-only basis and are required for admission to the MBA program. 

Applicants who identify as African-American, Hispanic-American, or Native American may also apply to Stern through the Consortium for Graduate Study in Management.

Application Checklist

  • Data Forms 
  • GMAT/GRE/EA/TOEFL/IELTS score(s)
  • Academic Transcripts
  • Rรฉsumรฉ
  • Essays
  • Recommendation Letters
  • Application fee

What is a good GMAT score for NYU Stern School of Business

The first step to narrow down a good GMAT score for any top B-school is to look at its 5-year trend report of average GMAT scores of the incoming classes. Hereโ€™s a 5-year summary of average scores at NYU Stern:

Year20182017201620152014
NYU Stern GMAT Score717714710720721

Academics

As of 2009, 2,305 students were enrolled in Stern’s undergraduate program and 2,969 were enrolled in its Master of Business Administration (MBA) program . There are 202 full-time faculty and 74 adjunct professors. Stern offers a broad spectrum of academic programs at the graduate and undergraduate levels. The school is located on West 4th Street, occupying Shimkin and Tisch Halls and the Kaufman Management Center, on NYU’s Washington Square campus. Stern offers academic majors in MarketingFinanceInformation SystemsActuarial Science, Economic Policy, Economic Theory, Entertainment Media & Technology, Accounting (CPA and General) and others, as well as co-majors in International Business, Financial Systems, Sustainable Business, and a certificate program in Entertainment, Media and Technology. Stern also offers an Executive MBA program for experienced professionals and executives, a 22-month-long degree program which includes two global study tours as a part of the curriculum. The average age of executive MBA degree candidates is 27, and 45% of the students have at least one advanced degree in other areas.

Students who attend the Stern School of Business are often called “Sternies.” In the spring break of the undergraduate junior year, all “Sternies” are invited to travel abroad as part of a core curriculum class, “International Study Program,” which engages students to visit a non-U.S. company.

Stern also offers its own study abroad program IBEX (International Business Exchange Program). This program lasts one semester at many business schools around the world. Stern currently has multiple partner schools for this program in SingaporeAustraliaChinaDenmarkEnglandFranceHong Kong SARItalySouth KoreaMexicoThe NetherlandsSpain and Thailand.

Student life

Student investment organizations

In 2005, Stern launched the Student Social Venture Fund, the first student-run venture philanthropy fund of its kind at a U.S. business school. In 2012, Professor James B. Rosenwald and his wife, Laura made a contribution to Stern for the Rosenwald Global Value Student Investment Fund. Every year, a tenth of the fund will be invested in one or more stocks based on recommendations made by the students in his Global Value Investing class.

Secret societies

Founded in 1914, The Knights of the Lamp is the only secret society within the school, and only takes seniors from the Stern School of Business. It, along with the NYU College of Arts and Science’s Red Dragon Society, are known for their selectivity and prestige among campus organizations. Klem is in it.

Rankings

As of March 2019, Stern’s undergraduate program is ranked:

  • #4 Business School by Poets & Quants
  • #5 Business School by U.S. News & World Report
  • #9 Undergraduate Business School by Bloomberg
  • #1 in Finance by the Academic Ranking of World Universities
  • #2 in Finance by U.S. News & World Report
  • #3 in Marketing by U.S. News & World Report
  • #3 in International Business by U.S. News & World Report
  • #6 in Quantitative Analysis by U.S. News & World Report
  • #8 in Management by U.S. News & World Report
  • #12 in Management Information Systems by U.S. News & World Report
  • #12 in Entrepreneurship by U.S. News & World Report

As of December 2020, Stern’s MBA program is ranked:

  • #10 in the U.S. by U.S. News & World Report
  • #3 Finance Program by U.S. News & World Report
  • #13 in the U.S. and 22nd worldwide by Financial Times
  • #17 worldwide by The Economist

As of August 2017, Stern’s Executive MBA program is ranked:

  • #4 in the U.S. by U.S. News & World Report

Stern’s Langone MBA for Working Professionals is ranked #3 by U.S. News & World Report.

Undergraduate programs

All undergraduate students from Stern, apart from Business and Political Economy (BPE) students, graduate with a Bachelor of Science in Business. The programs are all extremely selective. In 2019, the acceptance rate for the class of 2023 was 7.6%. In 2020, the Finance and International Business programs were both ranked #2 nationally by U.S. News & World Report. Transfer admission to Stern’s undergraduate program is also highly selective, with a transfer acceptance rate of 2% in 2019.

Graduate programs

Stern offers the Master of Business Administration (MBA) for full-time students and executive programs for working professionals. It also offers Master of Science (MS) degrees; one is intended to prepare students to become Certified Public Accountants, two are collaborations with New York University Shanghai, and one is a collaboration with the Hong Kong University of Science and Technology.

Admissions

Admissions decisions are handled by the school’s parent institution, New York University, and are made on a holistic basis that considers academic record, standardized test scores, accomplishments outside of the classroom, recommendations, essays, and diversity.

In 2019, the median combined verbal and math SAT score of incoming freshmen at the undergraduate level of Stern was 1492 and 77% ranked within the top 10% of their high school’s graduating class. In 2019, the undergraduate acceptance rate dropped to 7.6%.

The MBA program’s admission rate is one of the lowest in the country at 15.7%. The admitted (full-time) MBA students’ average Graduate Management Admission Test (GMAT) score was 720 with an undergraduate average GPA of 3.51. The Stern School announced it will join the growing list of programs now accepting the Graduate Record Examinations (GRE) from MBA candidates applying beginning in 2010. Applicants will have the option to submit either GMAT or GRE scores with their application.


Leave a Reply

Your email address will not be published. Required fields are marked *