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2005 FULL-TIME MBA PROFILE
New York University
Leonard N. Stern School of Business
Address: 44 West 4th Street
New York, NY 10012
E-Mail: sternmba@stern.nyu.edu
Web links: B-school Web site
Directions to school
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B-SCHOOL & PROGRAM BASICS

Classes begin Sept. 6, 2005

Year program was founded n/a
Institution is U.S., Private
Business school accreditation:
AACSB
Length of program 21 months

Enrollment
Total graduate business students 2,845
Full-time MBA students 776
Part-time MBA students 1,776
Distance MBA students n/a
Executive MBA students 193
PhD program students 100
Doctorate of Business Administration (DBA) students n/a
 
Total undergraduate business students 2,328
 
Change in full-time class size in past academic year n/a

STUDENT PROFILE - MOST RECENT ENTERING CLASS

Female students in class 36%
International students 1 29%
Married students 14%

For U.S. schools only:
African American students 6%
Alaskan Native of Pacific Islander American students 0%
Asian American students 17%
Mexican American students n/a
Puerto Rican students n/a
Other Hispanic American students 6%
White (non-Hispanic) students 42%
Multiethnic/Multiracial students n/a
Not reported 0%
Other 3%

Students from the following regions:
Africa 0%
Asia 12%
Eastern and Central Europe and Central Asia 4%
Latin America and the Caribbean 6%
Middle East 1%
North America
 (Canada: 1% / U.S.: 99%)
72%
Oceania 1%
Western Europe 5%

North American students by region:
Canada 1%
Mid-Atlantic U.S. 13%
Midwest U.S. 9%
Northeast U.S. 42%
South U.S. 6%
Southwest U.S. 4%
U.S. Possessions and territories n/a
West U.S. 14%

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

CLASS TRAITS - MOST RECENT ENTERING CLASS

GMAT Scores - Historical Chart
20052004200320022001
Average694700700700689
Median700700700700690
Range (middle 80%)640 - 750650 - 750650 - 750650 - 750640 - 740

GMAT scores are required as part of the application.


TOEFL Scores
TOEFL scores are required for applicants whose native language is not English.

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

Work Experience (months)
Average 60
Median 59
Range (middle 80%) 36 - 85
New entrants with one year or less of work experience 0%

Student Age (years)
Average 28
Median 27
Range (middle 80%) 25 - 31

Salary
Average base salary forgone to enter program $63,809
Median base salary forgone to enter program $60,000


ADMISSIONS

Application fee (resident) $175
Application fee (nonresident) $175

3,231 people applied to the full-time MBA program in 2005. The school accepted 27% (selectivity) of those applicants, and 48% of admitted applicants (yield) enrolled in the program.

Selectivity/Yield - Historical Chart
20052004200320022001
Selectivity27%22%18%15%22%
Yield48%48%50%52%48%

5% of applicants had applied in prior years, and of those reapplicants 27% were accepted.

The B-school placed n/a applicant(s) on its wait list. n/a wait-listed applicants were admitted to the semester for which they applied.

Applicant Profile:
Female applicants 34%
International applicants 1 39%

Interviews for MBA applicants are:
By invitation only

In 2005, the B-school interviewed 34% of its full-time MBA applicants, and 100% of its admitted applicants.

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

COSTS, DEADLINES & FINANCIAL AID

COSTS:
Estimated TOTAL (not annual) cost of full-time MBA program (U.S. dollars)
Program Cost - Historical Chart
20052004200320022001
Resident$75,400$71,520$68,224$66,032$64,388
Nonresident$75,400$71,520$68,224$66,032$64,388
Expected monthly rent $1,360
Recommended annual budget (Resident) 1 $64,570
Recommended annual budget (Nonresident) $64,570

2005-2007 DEADLINES:
Application deadline(s)
All applicants:  Dec. 1, 2005
All applicants:  Jan. 15, 2006
All applicants:  Mar. 15, 2006

Rolling admissions? Yes

Deadline(s) for scheduling an interview
n/a

Financial aid deadline(s)
All applicants:  Dec. 1, 2005

FINANCIAL AID:
Full-time MBAs apply for financial aid through a Dedicated financial aid office at the B-school

n/a of full-time MBAs applied for financial aid for the 2005-2006 academic year. 74% of full-time MBAs received some form of financial aid for the 2005-2006 academic year.

Of those who received financial aid for the 2005-2006 academic year, n/a received institutional scholarships, n/a received assistantships, and n/a received loans.

Average financial-aid package for the 2005-2006 academic year (includes scholarships, assistantships, and loans) $37,260
Median financial-aid package for the 2005-2006 academic year (includes scholarships, assistantships, and loans) n/a
Range of financial-aid packages $600 - $72,968
Scholarships: Based on academic merit


73 full-tuition scholarships were awarded by the school to full-time MBAs for the 2005-2006 academic year.

How does an applicant apply for scholarship consideration?
All candidates are considered for scholarship


Average scholarship awarded n/a
Guaranteed loan offered? 2 Yes
Maximum amount students can borrow n/a
Average outstanding loans for 2005 graduates $83,451
Total money distributed to MBAs in past academic year $4,050,795

Financial aid Web site


(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 Kim Corfman
 
Admissions director Anika Davis Pratt
 
Financial aid director Paula Steisel Goldfarb
 
Career services director Pamela Mittman
 
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:  --    



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