EXECUTIVE MBA Profiles Publish Date 11/05/09

New York University

Stern School of Business

Getting In

PROGRAM BASICS

NYU Stern Executive MBA Program

Leonard N. Stern School of Business

44 West Fourth Street
New York , New York 10012 United States

Status:

Private Institution

Length of program (months):

Classes meet:

Alternate weekends

Occasional week-long sessions

Tuition and fees for entire EMBA program:

Resident: $ 137,000
Non Resident: $ 137,000

Graduate business school is accredited by:

AACSB International

SCHOOL BASICS

Graduate business school enrollment:

Total: 3,492
Full-Time MBA: 826
Part-time MBA: 2,176
Executive MBA: 198
PhD Program: 108

Undergraduate business school enrollment:

2,419

Other graduate degree programs:

N/A

ADMISSIONS

Rolling admissions?

Yes

GMAT Required?

Yes

If applicants are not required to take the GMAT, how are EMBA applicants' quantitative abilities checked before enrollment?

N/A

Middle 80% range of GMAT scores:

N/A

Is the TOEFL required for non-English speakers?

Application fee:

$ 180

Applicant interviews are:

Required

Applicants (admitted and denied) who were interviewed:

100 %

Admitted applicants who were interviewed:

100 %

CLASS PROFILE

EMBA students in newest entering class who are:

Female: 31 %
International: 48 %

Entering students are from the following regions:

Africa : 2 %
Asia: 33 %
Eastern Europe and Central Asia: 3 %
Middle East: 4 %
North America: 52 %
Oceania : 2 %
Western Europe: 4 %
Dual citizenship: 33 %

Entering North American citizens are from the following regions:

Southwest: 4 %
Mid-Atlantic: 4 %
Northeast: 92 %

U.S. students in newest entering class who are:

N/A

Average months of work experience:

168

Middle 80% range work experience, months:

From: 96
To: 216

Average age:

Middle 80% age range:

From: 32
To: 47

Work background:

Have advanced degrees: 38 %
Work in the nonprofit sector: 4 %

EMBA students living within 45 miles of campus:

71 %

Middle 80% base salary range:

N/A

Students work in these functional categories:

Consulting: 2 %
Finance/Accounting: 19 %
General Management : 19 %
Human Resources: 2 %
Marketing/Sales: 8 %
Management Information Systems : 10 %
Operations/Logistics: 12 %
Other: 28 %

Students work in these industries:

Consulting: 2 %
Consumer Products: 4 %
Financial Services: 27 %
Government: 4 %
Media/Entertainment: 6 %
Non-Profit: 4 %
Petroleum/Energy: 4 %
Pharmaceutical/Biotechnology/Health Care: 21 %
Technology: 25 %
Other: 3 %

Top organizations sending students:

Merck
American Express
Merrill Lynch
Citi
Federal Reserve Bank of NY

Academics & Lifestyle

FACULTY

Faculty employed by the B-school:

306

Full-time faculty:

Tenured: 111
Non-Tenured: 49

Adjunct/Visiting Faculty:

Non-Tenured: 146

Women on Faculty:

N/A

Minority Faculty:

N/A

International Faculty:

N/A

Faculty with PhDs:

Tenured: 111
Non-Tenured: 130

STUDENT LIFE

Does the program include a mandatory international trip or project?

Yes

Description:

Graded, three-credit Global Study Tour course with prework and post-trip deliverables. Two required Global Study Tours during the program.

Does the school offer pre-program orientation for all EMBA participants?

Yes

Does the school offer temporary housing/accommodations for EMBA participants?

Yes

Description:

One or two-night accommodations at NYU’s expense for students traveling beyond a certain distance.

Do EMBAs have access to a health club or gym?

Yes

Special student/home/work/life initiatives:

Addition of one-on-one career counseling for all EMBA students; Schedule designed for busy professionals with family and partners; Child care subsidies are available to EMBA children; Special events throughout program such as Partners Day, Orientation BBQ

How far away from a major airport are most EMBA classes held? (miles)

TEACHING/ACADEMICS

Teaching methods:

Case Study: 35 %
Experiential Learning: 10 %
Lectures: 30 %
Simulations: 5 %
Team Projects: 20 %

Faculty also teaching in full-time program:

91 %

Tenured/tenure-track EMBA faculty:

62 %

Faculty with at least five years of full-time corporate experience:

47 %

Average class size, core EMBA class:

Average class size, EMBA electives:

Elective courses:

New electives past year:

Business Start‐up Practicum
Developing Managerial Skills
Monetary Policy Banks & Central Banks
Game Theory and Business Strategy
Multinational Business Management
Applied Statistical Techniques & Analysis
New Venture Financing

Estimated hours per week in class and outside classwork:

Hours per week in class: 12
Hours per week outside of class spent on classwork: 15

Last revision of core EMBA curriculum:

2007

Distance-learning EMBA via the Internet, videoconferencing, or some other medium?

Description:

N/A

Graduation Requirements:

Students must have attended a minimum number of classes

Students must have earned a pre-determined GPA/letter grade average

Class participation accounts for some percentage of students' grades

Additional EMBA Programs:
EMBA programs run in another country:

TRIUM Global Executive MBA

Domestic partnerships or in-house EMBA programs:

N/A

Recent changes to EMBA program:

1) Doubled the number of electives. 2) Increased number of specializations to include multiple specializations beyond Leadership and Finance.

TECHNOLOGY

Technology improvements in the last three academic years:

All Stern classrooms are now SmartClassrooms, incorporating technology to enhance teaching and learning. Lecture Capture Systems enable students to view classes at a later time, and students can access course-related software online from any location. All of Stern's buildings are wireless. Stern has a laptop requirement and supports Dell and Apple laptops, as well as iPhones and other smartphones. “Print nooks” are available around the School for printing from laptops. A web-based survey system has been made available to all students.

Alumni Affairs & Careers

B-SCHOOL ALUMNI

Living MBA alumni:

48,196

Active MBA alumni clubs:

Countries in which MBA clubs exist:

Does the main university offer career placement services for alumni?

Yes

Does the main university have an alumni networking Web site?

Yes

University alumni networking site:

https://violetnet.nyu.edu/

Does the B-School have an alumni networking Web site?

Yes

Business school alumni networking site:

https://alumnionline.stern.nyu.edu/

Do current MBA students have access to an alumni database?

Yes

CAREER SERVICES

Does the school offer EMBA students access to the career services office?

Yes

SCHOOL COMMENTS

Additional school comments:

N/A

Graduate Comments

The EMBA program has given me an opportunity to take a project I developed in my intrapreneurship course, pitch it to our President/CEO, and actually bring it to commercialization. Without the background, resources, and knowledge gained at Stern, I would still be in my old role as a business analyst. In these short two years, I have transitioned to a leadership position with great exposure to senior executives within the organization. The EMBA program might have a big price tag, but it's the best investment I've ever made, and I couldn't be happier with the results.

The Executive MBA program at NYU Stern is the best program of its kind in the world. The vibrant mix of experience and enthusiasm brings a stimulating discussion of current business issues into the classroom. The camaraderie and learning is taken up a notch further by two superbly conducted Global Study Tours in emerging markets of the world. In times of the crises on Wall Street, this MBA degree couldn't have come at a better time and a better place than Stern. As we witnessed financial companies fall apart and systemic risk grow week after week, the world-class Stern Finance faculty presented a series of workshops and lectures on the economic downturn resulting in a book that describes the failings of Wall Street and the recommended fixes. In contemporary times, this education has been incredibly valuable and worth all the time, money and effort I put in, and I am confident this NYU Stern MBA will serve me really well in my career and life ahead.

I chose NYU based on three critical factors: Average age in the classroom was higher than their competitors and provided a more rich experience in the classroom. A collaborative approach to learning both through the way the curriculum is formatted and work is assigned. And lastly because there are two mandatory global study programs which provide you with the opportunity to interface with emerging markets&an experience far more impactful that learning in a classroom. All promises made by NYU were delivered.

I found the instructors to be passionate and on the cutting edge. It's a blast to pick up a newspaper and see one of your professors being quoted about a current topic facing the business or economic world.

I came to NYU's Stern because of its reputation in finance. In the process of the coursework, I discovered that Stern is equally strong in leadership and I benefited from that from the beginning of the program with the core courses. My electives have been in the finance area and I was impressed by the rigorous academic content each one provided me with.

A few of the half-credit classes were just too short. There is so much to learn and the professors are so engaging.

They should teach about the current business related issues we face today. Too much time spent on the historical cases doesn't make sense.

The NYU EMBA program focuses on people, not just academics. The program is academically challenging, but the strength of the program is the people-oriented approach. Everyone in the class is willing to contribute and help each other to succeed, and willing to share knowledge with each others. People are not single-mindedly competing for grades. In fact, no one talks about grading at all.

Lower the cost, and increase the ROI. The program is otherwise doing the right things. I understand some other schools have begun to allow alumni to attend an unlimited number of MBA courses free of charge (what does it cost incrementally for another student to sit in a class?). NYU only allows 2 courses over 2 years, and then only after paying a few hundred for each class. This has been a concern for the students.

The careers office is still a work in progress as the trend continues to increased self-sponsorship. Perhaps better information at the outset about past classes' experiences and feelings.

I had the best group of classmates that I could have ever imagined. Case and point&there was a tragedy and I had a family member pass away. People drove over 4 hours to be there and the school was helpful.

Strengths: diversity, real world expertise, strong academic credentials, strong quantitative approach. Weaknesses: lesser focus on marketing and HR instruction/instructors.

The EMBA program was one of the most gratifying experiences of my career. Not only did I learn so much to complement what I had done in two decades as a marketing executive, but I also felt valued, respected by my professors regarding my areas of experience and expertise. It enhanced my capacities to think analytically, to always be focused on quantitative outcomes of any decision, and to be a better leader and motivator of diverse people. It gave me the skill set to start a much more ambitious company, especially re: the operations and finance components. Most important, it increased my confidence and competencies to accomplish much more than I ever thought possible in what will now be the second half of my career.

As more students are self funding the executive programs, EMBA schools are going to need to enhance career placement and recruiting efforts. NYU is no exception to this.

This was a great program with great professors. The fact that two global study tours are included makes it a bargain. The two trips were a week each, but taught so much about the international environment.