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Leonard N. Stern School of Business

Leonard N. Stern School of Business Rating: 5.0/5 (1 votes)

Academics

The NYU Stern offers the Master of Business Administration (MBA), Master of Science in Statistics and Operational Research (MS), and Master of Science in Information Systems (MS) as well as a doctoral program, and a joint degree in law (JD/MBA), French (MA/MBA), public administration (MPA/MBA), and biology (MS/MBA). Other programs include cross-registration with other NYU graduate schools, a cooperative program with schools in London and Paris, work-study programs, foreign exchange with 38 countries, summer internship programs, joint research with business, and consulting opportunities with a broad range of companies. The strongest areas of study are finance, information systems, international business, management, and marketing. The most popular course is in finance. Regular programs bring distinguished speakers and visiting professors to campus, including the Leadership Lunch Series, the Entrepreneurship Lunch Series, and the International Business Speakers Series.

Sixty total credits are required to complete the full-time MBA. Required courses for the full-time MBA include:

  • Financial Accounting and Reporting
  • Firms and Markets
  • The Global Economy
  • Managing Organizations
  • Marketing Concepts and Strategies
  • Foundations of Finance
  • Statistics and Data Analysis
  • Competitive Advantage from Operations
  • Professional Responsibility
  • Business Strategy

Business students may take relevant nonbusiness courses in other departments.

In a recent year, there were 165 total full-time graduate business faculty, all of whom held a doctorate; there were 38 part-time faculty. Faculty salaries are rated well above average for Category I institutions, based on the AAUP rating system. Average number of courses faculty teach is 3; average business class size is 47.

Admissions

A bachelor’s degree is required. A strong mathematics background is not required.

The number of applicants for a recent class was 3403; 762 were accepted; 364 enrolled. The average GPA was 3.4. Transfers are not accepted. Minority students are actively recruited by Stern’s membership in the 13-school Consortium for Graduate Study in Management, which offers full scholarships for qualified minorities.

Students may begin the MBA program in the fall and spring. To apply, students must submit an application form, a transcript, GMAT scores, a nonrefundable application fee of $175, 2 letters of recommendation, a resume, and 3 personal statements. The latest acceptable test date for fall entry is open.

Financial Aid

In a recent year, about 95% of graduate business school students receive financial aid from scholarships, loans, and graduate assistantships, for a total average of $42,554 annually; maximum $61,170. Stipends and programs available for minority students include several corporate-sponsored fellowships and consortium scholarships. The FAFSA is required. Check with the school for application deadlines.

Tuition for all students is $34,500 per year. On-campus room and board costs approximately $17,500; books and supplies, $1300; personal expenses, $6199; and other fees, $2360, for an estimated annual total of $61,859. Graduate student housing consists of on- and off-campus facilities. There is a referral service to help procure off-campus housing.

Students

Thirty-one percent of a recent graduate business school class were enrolled full time; all had an average of 4 years of full-time work experience prior to entering graduate school, a factor preferred by the school. Thirty-two percent were women, 26% were minorities, and 28% were foreign nationals. The average age at entrance was 27; ages ranged from 23 to 36. Ten percent already have a graduate degree. Students’ undergraduate majors were as follows: 28%, business; 23%, economics; 21%, math and science; 16%, social sciences; and 3%, liberal arts. In a recent year, 978 graduate business degrees were awarded.

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