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2003 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 4th Street
New York, NY 10012
E-Mail: sternmba@stern.nyu.edu
Web site: http://www.stern.nyu.edu/


ENROLLMENT

2003/2004 Classes begin: Sept. 2, 2003

Year program was founded: n/a

Institution is: U.S., Private

Length of program: 21 months


Total graduate enrollment 2,812
Full-time MBA students 784
Part-time MBA students 1,735
Distance learning MBA students n/a
EMBA students 174
PhD program students 100
 
Current total undergraduate business school enrollment 2,228
 
Change in full-time class size in last 12 months n/a


STUDENT PROFILE - MOST RECENT ENTERING CLASS

Female students in class 37%
International students (1) 28%
Married students 12%

For U.S. schools only:
African-American students 7%
Asian-American students 15%
Hispanic-American students 7%
Native American students 1%
White (non-Hispanic) students 42%

Students from the following regions:
Africa 1%
Asia 8%
Eastern Europe, Central Europe and Central Asia 4%
Latin America and the Carribean 6%
Middle East 2%
North America
 (Canada: 2% / U.S.: 98%)
73%
Oceania 1%
Western Europe 6%

North American students by region:
Canada 2%
Mid-Atlantic U.S. 11%
Midwest U.S. 9%
Northeast U.S. 48%
South U.S. 4%
Southwest U.S. 4%
U.S. Possessions and territories 1%
West U.S. 14%

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


CLASS TRAITS - MOST RECENT ENTERING CLASS

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

TOEFL Scores
Average TOEFL score n/a
Minimum TOEFL score required 600

Work Experience (months)
Average 54
Range (middle 80%) 34 - 80
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 $64,314



ADMISSIONS

Application fee (resident): $175

Application fee (nonresident): $175

4,219 people applied to the full-time MBA program in 2003. The school accepted 18% (selectivity) of those applicants, and 50% 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. 7% of applicants had applied in prior years, and of those reapplicants 19% were accepted.

Applicant Profile:
Female applicants 31%
International applicants (1) 36%
Underrepresented minority (2) applicants 14%
Applicants with one year or less work experience n/a

Interviews for MBA applicants are:
By invitation only

In 2003, the B-school interviewed 31% 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 $68,224
Nonresident $68,224
 
Expected monthly rent $1,300
Recommended annual budget (Resident) (1) $58,540
Recommended annual budget (Nonresident) $58,540

2003-2004 Application deadline(s)
All applicants: Dec. 1, 2003
All applicants: Jan. 15, 2004
All applicants: Mar. 15, 2004

Rolling admissions? Yes

2003-2004 deadline(s) for scheduling an interview
n/a

2003-2004 Financial aid deadline(s):
All applicants: Dec. 1, 2003

First-year MBAs:
Average financial aid package $50,300
Range (middle 80%) $0 - $58,540
Average first-year scholarship awards (not including loans) $5,317

Second-year MBAs:
Average financial aid package $49,300
Range (middle 80%) $0 - $57,940
Average second-year scholarship awards (not including loans) $6,500
 

Graduate assistantships offered to qualifying MBAs? Yes

Scholarships are merit or need based?
Scholarships are Merit-based

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

Guaranteed loan? (2) Yes
Maximum amount students can borrow: n/a

Average outstanding loans for 2003 graduates: $66,074

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. 2002
 
Program director Richard Freedman
 
Admissions director Julia Min
 
Financial aid director Cathy Cashion
 
Career services director Gary Fraser
 
Alumni relations director Jeanne Marano


 
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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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