2007 UNDERGRAD PROFILE
New York University
Leonard N. Stern School of Business
Stern School of Business - Undergraduate College
B-School and Program Basics
| Address: | 40 West Fourth Street Tisch Hall, Suite 600 New York, NY US 10012 |
Program E-Mail |
Program Web site |
Leonard N. Stern School of Business is a private institution.
Undergrad business program was founded: 1900
Accredited by AACSB International
Classes begin:
| Fall Other | 09/02/2008 |
| Fall Other | 09/02/2008 |
| Fall Other | 09/02/2008 |
Enrollment
| Total undergraduate business school enrollment | 2271 |
| Total full-time undergraduate business students | 2271 |
| Total part-time undergraduate business students | 0 |
| Total distance undergraduate business students | 0 |
STUDENT PROFILE: MOST RECENT ENTERING CLASS
| Female students in class | 38% |
| International students | 15% |
For U.S. schools only: |
|
| African American students | NA % |
| Native Americans | NA % |
| Asian Americans | NA % |
| Hispanic | NA % |
| White (non-Hispanic) | NA % |
| Unknown | NA % |
| Other | NA % |
U.S. students by region:
| Mid-Atlantic U.S. | 9% |
| Midwest U.S. | 7% |
| Northeast U.S. | 63% |
| South U.S. | 7% |
| Southwest U.S. | 6% |
| West U.S. | 8% |
| U.S. Possessions and territories | 0% |
Citizenship:
| U.S. | 85% |
| Canada | 3% |
| Other | 12% |
| Unknown | 0% |
CLASS TRAITS: MOST RECENT ENTERING CLASS
| Does the school require standardized tests, such as the SAT or ACT? | No |
SAT Scores for full-time entering business students |
|
| Average | 1441 |
| Median | 1450 |
| Range (Middle 80%) | From 1400 to 1500 |
| Minimum SAT Score | |
ACT Scores for full-time entering business students |
|
| Average | 31 |
| Median | 31 |
| Range (Middle 80%) | From 30 to 32 |
| Minimum ACT Score | NA |
| Minimum High School GPA | NA |
| Does the school require an entrance exam? | No |
| Student Age (years) | |
| Average | 18 |
| Median | 18 |
| High School performance of entering business students | |
| Top 10% of high school class | 92% |
| Top 25% of high school class | 8% |
| GPA of 3.75 or higher | 66% |
| GPA of 3.5 to 3.75 | 26% |
| GPA of 3.25 to 3.49 | 8% |
| GPA of 3.00 to 3.24 | 0% |
| GPA of 2.50 to 2.99 | 0% |
| GPA of 2.00 to 2.49 | 0% |
| GPA of 1.00 to 1.99 | 0% |
| GPA below 1.0 | 0% |
| For Internal Transfers | |
| Minimum overall college GPA | NA |
| Additional application requirements | |
| Transfer Application deadline: April 1, 2007 for Sept. 2, 2008 start | |
ADMISSIONS
| University Application fee (resident) | $ 65.00 | ||
| University Application fee (nonresident) | $ 65.00 | ||
| University Application fee (non-resident transfers) | $ 65.00 | ||
The university financial aid office manages admissions to the business program
34946 people applied to undergraduate programs for the 2006 academic year. The school accepted 21% (selectivity) of those applicants, and 43% of admitted applicants (yield) enrolled.
0% of applicants had applied in prior years, and of those reapplicants NA % were accepted.
The university placed 1402 applicant(s) on its wait list. 96 wait-listed applicants were admitted to the semester for which they applied.
Does the business program admit freshmen? Yes
75% of 2006 admissions to the program were freshmen
How do freshmen apply? Indicate interest on university application
Freshman Application deadlines:
Nov. 1, 2007 for Early Decision Freshman for Sept. 2, 2008 start
Jan. 15, 2008 for Regular Decision Freshman for Sept. 2, 2008 start
How do internal transfers apply? NA
Transfer Application deadline:
April 1, 2007 for Sept. 2, 2008 start
7281 freshmen (admitted and denied) sought full-time admission to the business program for the 2005-2006 academic year.
21% of these applicants were admitted to the program and 75% of admitted students enrolled.
121 internal candidates (admitted and denied) sought full-time admission to the business program for the 2005-2006 academic year. 49 were admitted to the program.
| Share of all university applicants who are female: | 61% |
| Share of all university applicants who are not from the U.S. | 8% |
Interviews for applicants are Not offered
Additional application requirements (including those for international students):
International students whose first language is not English - TOEFL or IELTS
Relative importance of the following factors in deciding who gets admitted to the university:
Secondary School Record: Very Important
Class Rank: Considered
High School GPA: Very Important
SAT/ACT Scores: Important
Application Essay: Very Important
Recommendations: Very Important
Interview: Not Considered
Extracurricular Activities: Important
Talent/ability: Very Important
Character/personal qualities: Very Important
Volunteer Work: Considered
Work Experience: Considered
COSTS
Annual Costs
| Resident Tuition | $ 31,904.00 |
| Nonresident Tuition | $ 31,904.00 |
| Room and Board | $ 11,730.00 |
| Books | NA |
| Other Expenses (please specify) | |
| Registration/Service Fees | $2,712.00 |
Tuition per credit hour (U.S. dollars)
| Resident | NA |
| Nonresident | NA |
2007-2008 DEADLINES
| University Application deadlines for: | Fall Other | 11/01/2007 | Fall Other | 01/15/2008 | Fall Other | 04/01/2008 |
| Business Program deadlines for: | |
FINANCIAL AID
The business program's financial aid ofice manages financial aid for the business program
Financial Aid Web site
Total scholarship money given to business students through the financial aid office in the 2005 academic year: NA
Total scholarship money to be distributed to business students through the financial aid office in the 2006 academic year: NA
Scholarships are awarded to students in the business program based on A combination of need and merit
Scholarships in the 2006-2007 academic year | |
| Percent of business students receiving some scholarship money | NA % |
| Percent of business students receiving full-tuition scholarships | NA % |
| Percent of scholarships offered to business students based on need | 88% |
| Percent of scholarships offered to business students based on merit | 12% |
How do applicants apply for scholarships?
By filing a FAFSA
Does the schoool offer a guaranteed loan to all business students (regardless of nationality): No
The maximum amount a business student can borrow per year is: NA
The average outstanding debt among 2006 business program graduates is: NA
CONTACTS
| Dean Sally Blount-Lyon | Hired as of 07/01/2004 |
ACADEMICS & REQUIREMENTS
Specializations offered:
Accounting, , , ,
Entertainment, Media and Technology
Programs Offered
| BS | Full time |
| Core curriculum last revised 2005 |
| Average class size in required business classes | 47 |
| Average class size in business electives | 45 |
| Average class size in non-business classes (required for admission to the business program |
NA % of business classes (core and elective) have fewer than 20 students
NA % of business classes (core and elective) have 21 to 50 students
NA % of business classes (core and elective) have more than 50 students
NA % of required business courses reached maximum enrollment by the first day of class from June 30, 2004 to June 30, 2005.
NA % of required business courses had waiting lists for enrollment
AREAS OF STUDY & ELECTIVES
The school reports that the following are its five leading areas of study:
Accounting, Finance, International Business, Marketing, Other
Number of elective courses (not multiple sessions of same course) available in the past academic year: 108
New electives added in the past academic year:
Decision-Making Strategies in Marketing
History of U.S. Enterprise
Impact of Technology on Entertainment
Mergers, Acquisitions & Restructuring
Negotiation & Consensus Building
Pricing Strategies
Senior Seminar: Organizational Design
Senior Seminar: Environmental Economics
Women in Business Leadership
What special programs are available to business students?
At NYU Stern, we're continually focused on innovation. Our newest special programs leverage New York's rich artistic and cultural resources and examine students' future impact on society as business leaders. Our Cohen Arts and Culture Experience enables students to visit NYC's leading cultural institutions at virtually no cost. Our Social Impact Core fosters greater social awareness across the four year experience. We continue to offer leading leadership development and international programs.
| Work study or co-op opportunities | No |
| Study abroad opportunities | Yes |
| NYU Stern strongly encourages students to study abroad. Through our International Business Exchange Program, students can study at one of 17 leading business universities worldwide. The NYU Study Abroad program offers eight global NYU campuses and courses taught by faculty from both NYU and partner universities. Additionally, through our International Studies Program, Stern students are required to study abroad for one week during junior year to learn about global business firsthand. | |
| Volunteer and community service opportunities | Yes |
| Community service is a vital part of the Stern experience. Through NYU Stern's community service and social entrepreneurship initiatives, students apply business skills to effect social change. Stern students organize community-wide youth events, mentor high school students, provide assistance to seniors, and take part in countless other service initiatives across New York City's five boroughs and beyond. Students complete an average of over 12,000 hours of service each year. | |
| Business clubs and extracurricular activities | Yes |
| Students can choose from more than 25 Stern clubs and over 300 NYU clubs. At Stern, we focus on building community and developing leadership skills. Stern alone offers more than 350 student leadership positions each year. Stern clubs provide students with countless opportunities to explore interests and forge friendships. Many clubs organize professional development and networking events, participate in business case competitions, and invite lecturers from prominent corporations to campus. | |
FACULTY
| Total full-time undergraduate business faculty | 197 |
| Total undergraduate business adjuncts and visiting business faculty | 146 |
| Total undergraduate permanent/tenured business professors | 110 |
NA % of permanent/tenured business professors are women
NA % of permanent/tenured business professors are underrepresented minorities (African American, Hispanic American or Native American)
NA % of permanent/tenured business professors are members of company boards of directors or boards of advisors
NA % of permanent/tenured business professors have owned their own business
Prominent Faculty: William Baumol,Entrepreneurship/Economic, Robert Engle, Finance, Thomas Sargent, Economics
STUDENT LIFE
Freshmen are not required to live on campus
59%of all business students live on campus
Business students are not grouped together in "learning communities" in housing or other facilities
TECHNOLOGY
Number of omputers available to undergraduate business students (within the program and university as a whole): 948
Wireless network is available in main B-school buildings
Technology changes made over the past three years:
Stern's revamped web presence includes a newly launched Stern portal providing convenient class-based announcements, calendar and event information. Top-notch blog software is available to students and a web-based tool allows anytime, anywhere access to file storage space. A new wireless lounge, upgraded smart classrooms and expanded 24/7/365 access to computer labs enhance our state-of-the-art facilities.
THE FULL-TIME JOB HUNT
The school has information regarding the employment of 88% of 2006 graduates
Of 2006 graduates for whom we have information...
96% were seeking full-time professional employment in business
4% were not seeking full-time professional employment in business
For those not seeking employment in business...
NA % of those were already employed at graduation
75% were planning to continue their education immediately after graduation
25% were postponing their job search
NA % were planning to start their own business
NA % of those not working were doing so for other reasons
634 companies recruited business students on campus from June 30, 2005 to June 30, 2006
3568 companies posted full-time job offers for undergraduate business students on the school's job boards from June 30, 2005 to June 30, 2006
Of 2006 Job-seeking Graduates...
92 received their first job offer by graduation
7 received their first job offer within three months of graduation
1 received their first job offer more than three months after graduation
0 did not report having received an offer
| Top 10 recruiting firms that hired the most graduates in the past academic year | No. hired |
| Goldman Sachs Group | |
| JPMorgan Chase & Co. | |
| Citigroup | |
| Ernst & Young | |
| Bank of America Corp. | |
| Credit Suisse Group | |
| Morgan Stanley | |
| Merrill Lynch | |
| PricewaterhouseCoopers | |
| Lehman Bros. |
| Historic Salary Prospects for 2005 Grads (school reported) | |
| Average base salary | $ 55,000.00 |
| Median base salary | $ 54,000.00 |
| Average signing bonus | $ 8,050.00 |
| Median signing bonus | $ 7,350.00 |
| Average other guaranteed compensation | $ 23,000.00 |
| Median other guaranteed compensation | NA |
CAREER DIRECTIONS
What percentage of 2006 graduates who accepted jobs did so in the following functional areas? Are these figures estimates based on the number of students majoring in these functional areas? No
| Finance (includes corporate finance, investments, treasury and financial analysis, public finance, etc.) | 70% |
| Accounting/auditing | 8% |
| General Management | 4% |
| Human Resources | 2% |
| Marketing/Sales (includes public relations, product management, market research, advertising, etc.) | 7% |
| Management Information Systems | 2% |
| Operations | 1% |
| Logistics/Transportation | NA % |
| Other | 6% |
What percentage of 2006 graduates who accepted jobs did so in the following industries? Are these figures estimates? Yes
| Accounting | 8% |
| Consumer Products & Retail | 3% |
| Consulting | 5% |
| Financial Services | 70% |
| Government, Nonprofit, & Education | 2% |
| Health | 1% |
| Manufacturing | NA % |
| Media & Entertainment | 3% |
| Sports & Leisure | 2% |
| Technology & Science | 3% |
| Transportation | NA % |
| UTILITIES | NA % |
| Other | 1% |
North American Jobs
1% of 2006 graduates accepted jobs in Canada
97% of 2006 graduates accepted jobs in the U.S.
Here's the regional breakdown on job acceptances in North American regions:
| Northeast (ME, VT, NY, NH, CT, MA, NJ, RI) | 82% |
| Mid-Atlantic (PA, MD, VA, WV, DE, DC) | 7% |
| South (NC, SC, KY, TN, GA, FL, AL, AR, LA, MS) | 2% |
| Southwest (CO, AZ, TX, OK, NM) | 1% |
| Midwest (WI, MO, KS, IA, MN, NE, MI, OH, IN, ND, SD, IL) | 1% |
| West (CA, HI, WA, OR, AK, MT, ID, UT, NV, WY) | 6% |
| U.S. possessions and territories (America Samoa, Palau, Guam, Puerto Rico, Virgin Islands) | 2% |
| Canada | 1% |
INTERNSHIPS
303 companies recruited internship-seeking undergraduate business students on campus from June 30, 2005 to June 30, 2006
96% of internships were paid.
| Average compensation per week | $ 1,325.00 |
| Median compensation per week | NA |
| Average internship length (weeks) | 10 |
2810 companies posted internships for undergraduate business students on school job boards from June 30, 2005 to June 30, 2006
| Top 10 Recruiting Firms for Internships | No. interns |
| Goldman Sachs Group | |
| JPMorgan Chase & Co. | |
| Citigroup | |
| Ernst & Young | |
| Bank of America Corp. | |
| Credit Suisse Group | |
| Morgan Stanley | |
| Merrill Lynch | |
| PricewaterhouseCoopers | |
| Lehman Bros. |
ALUMNI AFFAIRS
NA % of living undergraduate business alumni contributed to the program/university some time between June 30, 2005 and June 30, 2006
Of those who contributed...
| The average gift was | NA |
| The median gift was | NA |
From June 30, 2005 to June 30, 2006, the undergraduate business program NA % received any individual gift in excess of $10 million
Prominent Alumni
Leslie Alexander, Owner, Houston Rockets
James Cracchiolo, Chairman & CEO, Ameriprise Financial
The Honorable Alan Greenspan, Former Chairman, Federal Reserve System
PROGRAM REQUIREMENTS
Credit hours required for business degree (including university and program requirements)
| Minimum of 128 for B.S. |
| Minimum of 64 for B.S. |
