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2002 FULL-TIME MBA PROFILE
New York University
Leonard N. Stern School of Business

Sections:  Getting In  | Academics & Lifestyle | Careers & Alumni Affairs | Graduate Comments


Address: 44 West Fourth Street
New York, NY 10012
E-Mail: sternmba@stern.nyu.edu
Web site: http://www.stern.nyu.edu


ENROLLMENT

2002/2003 Classes begin: Sept. 4, 2002
Sept. 2, 2003

Year program was founded: n/a

Institution is: U.S., Private

Length of program: 18 months


Total graduate enrollment 3,034
Full-time 817
Part-time MBA students (on-campus) 1,834
Part-time MBA students (distance program) n/a
EMBA 229
PhD program 100
 
Current total undergraduate business school enrollment 2,244
 
Increase in full-time students during last 12 months n/a


STUDENT PROFILE

Female students in class 38%
International students (1) 34%
Underrepresented minority (2) students 13%
Married 14%

Percent students from following regions:
Africa 1%
Asia 11%
Central/South America, Mexico 8%
Eastern Europe 4%
Middle East 2%
North America
 (Canada: 2% / U.S.: 98%)
67%
Oceania 1%
Western Europe 6%

North American students by region:
Canada 2%
Mid-Atlantic U.S. 10%
Midwest U.S. 8%
Northeast U.S. 46%
South U.S. 8%
Southwest U.S. 6%
U.S. Possessions and territories 1%
West U.S. 14%

(1) Students from countries other than the school's home country.

(2) Defined as U.S. citizens who are African American, Hispanic American, and Native American.


CLASS TRAITS

GMAT Scores
Average 700
Range (middle 80%) 650 - 750

TOEFL Scores*
Mean TOEFL score n/a
Minimum TOEFL score required 600

Work Experience (months)
Average 56
Range (middle 80%) 35 - 84
Enrolled students with one year or less of work experience 0%

Student Age (years)
Average 27
Range (middle 80%) 25 - 30

Salary
Average annual pay forgone to enter program $65,970

* Paper-based equivalent. See TOEFL concordance table for computer-based score equivalents.


ADMISSIONS

Application fee (resident): $150

Application fee (non resident): $150

4,962 people applied to the full-time MBA program in 2002. The school accepted 15% (selectivity) of those applicants, and 52% of admitted applicants (yield) enrolled in the program.

The B-school placed n/a applicant(s) on its wait list, from which n/a ultimately enrolled in the program. 4% of applicants had applied in prior years, and of those reapplicants 9% were accepted.

Applicant Profile:
Female applicants 33%
International applicants (1) 38%
Underrepresented minority (2) applicants 13%
Applicants with one year or less work experience 0%

Interviews for MBA applicants are:
By invitation only

In 2002, the B-school interviewed 28% of its full-time MBA applicants, and 100% of its admitted applicants.

(1) Applicants from countries other than the school's home country.

(2) Defined as U.S. citizens who are African American, Hispanic American, and Native American.


INVESTMENT AND DEADLINES FOR CLASS OF 2005

Estimated TOTAL (not annual) cost of full-time MBA program (U.S. dollars)
Resident $66,032
Nonresident $66,032
 
Expected monthly rent $1,268
Recommended annual budget (1) $55,876

Application deadline(s) Dec. 1, 2002
Jan. 15, 2003
Mar. 15, 2003


Rolling admissions? Yes

Financial aid deadline(s): Dec. 1, 2002

First-year MBAs:
Average financial aid package $480,000
Range (middle 80%) $0 - $55,879
Average first-year scholarship awards (not including loans) $4,000

Second-year MBAs:
Average financial aid package $47,000
Range (middle 80%) $0 - $55,276
Average second-year scholarship awards (not including loans) $5,800
 
Full-time MBAs receiving financial aid through B-school 75%

Graduate assistantships offered to qualifying MBAs? Yes

Scholarships are merit or need based?
Merit-based

52 full-tuition scholarships were awarded by the school to full-time MBAs in the past 12 months

Guaranteed loan? (2) No

Maximum amount students can borrow: n/a

Average outstanding loans for 2002 graduates: $60,239

Financial aid web-site:
http://www.stern.nyu.edu/mba/finaid

(1) Student budget includes tuition fees and living expenses.

(2) Upon admission, any accepted applicant, regardless of nationality, and without the need of a cosigner, is eligible for a loan.


CONTACTS

Dean Thomas F. Cooley
Hired as of Aug. 15, 2002
 
MBA program director Richard Freedman
 
MBA admissions director Julia Min
 
MBA financial aid director Eva Horton
 
MBA career services director Gary Fraser
 
Alumni relations director Suzette Lemson


 
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STERN INSIDER CONTENT
Admissions Q&A
Admission Interview Tips
Sample Application Essays
School Tour

STERN PROFILES
Full-time '04 | '03 | '02 | '01 | '00 | '99 | '98
Part-time '04 | '03 | '02 | '01 | '00
EMBA '03 | '01
Exec ed '03 | '01

STERN INFO
Admissions Q&A '02 | '99 | '97
Placement Q&A '03 | '00 | '98
Financial Aid Q&A '01 | '99 |
Search for articles about Stern

STERN RANKINGS
Full-time MBA rank:
2004:  13    1994:  16    
2002:  15    1992:  15    
2000:  13    1990:  17    
1998:  13    1988:  18    
1996:  14    
BW ranking history

EMBA rank:
2003:  13    1997:  --    
2001:  7    1993:  --    
1999:  --    

Exec Ed rank:
2003:  19    1997:  --    
2001:  --    1993:  --    
1999:  --    1991:  --    



Sections:  Getting In  | Academics & Lifestyle | Careers & Alumni Affairs | Graduate Comments

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