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FULL-TIME MBA Profiles Publish Date 11/13/08

Stanford University

Graduate School of Business

Getting In

PROGRAM BASICS

Stanford MBA Program

Stanford Graduate School of Business

518 Memorial Way
Stanford , California 94305-5015

Program Web site:

http://www.gsb.stanford.edu

Status:

Private Institution

Graduate business school is accredited by:


AACSB International

Years in which the following programs were founded:


Full-time MBA: 1925
Executive Education (non-degree): 1952
PhD program: 1927

PROGRAM COSTS

Total direct costs (tuition and required fees) of the entire MBA program:


Resident : $  97,842
Nonresident : $  97,842
Recommended annual budget (Resident): $  76,332
Recommended annual budget (Nonresident): $  76,332

PROGRAM LENGTH

Full-time program (months):

20

ENROLLMENT

Graduate business school enrollment


Total graduate business school: 898
Full-time MBA: 739
Part-time MBA: N/A
Distance MBA: N/A
Executive MBA: N/A

PhD program: 102
MS: 57

Other graduate degree programs:

Stanford Sloan Masters Program, a full-time, 10-month program for mid-career executives

ADMISSIONS

Application Deadlines

10/29/08 01/07/09 04/08/09

Does the program have rolling admissions?

No

Is proficiency in English required for admission?

Yes

Is a minimum score on an English language proficiency test required?

Yes

Which English language proficiency tests are accepted?


TOEFL Computer Based

TOEFL Internet Based Test

TOEFL Paper-based Test

Other: N/A

Minimum paper-based TOEFL score required for MBAs:

600

Relative importance: Application Elements

GMAT Score:

Resume/Work Experience:

Application Essays:

Interviews:

Recommendations:

Undergraduate Transcripts:

APPLICANTS

Applications (admitted and denied) to the newest class:

6575

Applicants who were accepted to the most recent class:

8 %

Admitted applicants who enrolled in the newest class:

77 %

Applicants who were re-applicants from prior years:

N/A %

Percentage of this year's reapplicants accepted:

N/A %

Applicants wait-listed during the last admissions cycle:

N/A

Wait-listed applicants admitted for the semester to which they applied:

N/A

Applicant interviews are:

By invitation only

Applicants (admitted and denied) who were interviewed:

N/A %

Admitted applicants who were interviewed:

100 %

APPLICANT POOL

International applications received:

N/A %

Applications from women received:

N/A %

Mean base salary forgone:

$  83,209

Median base salary forgone:

$  80,260

CLASS PROFILE

Full-time students in newest entering class (2008-2009) that are:


Female: 36  %
International: 43  %
Married: N/A  %

Ethnicity/US Students in Program

Students from following regions:


Africa : 2  %
Asia: 12  %
Eastern Europe and Central Asia: 5  %
Latin America and the Caribbean: 8  %
Middle East: 3  %
North America: 60  %
Oceania : 2  %
Western Europe: 13  %
Percentage of students with dual citizenship: 9  %

Entering North American citizens by region:

Mean months of work experience of newest entering class:

47

Median months of work experience of newest entering class:

47

Middle 80% range of work experience of newest entering class in months:


From:  27
To:  72

Median age of entering class:

N/A

Mean age of entering class:

N/A

FINANCIAL AID

Full-time MBAs apply for financial aid through:

Dedicated financial aid office at the B-school

Full-time MBAs applied for financial aid for the current academic year:

75 %

Full-time MBAs receiving financial aid through school:

62 %

Mean MBA financial aid package for the current academic year:

$  48,793

Median MBA financial aid package for the current academic year:

$  51,887

On what basis are scholarships awarded?


financial need

Full-tuition scholarships school will award during the upcoming academic year:

22

How does an applicant apply for scholarship consideration?

Unique scholarship application

Mean scholarships awarded to full-time MBAs in the previous academic year:

$  21,111

Percentage of second-year students receiving the same or more amount of money in their second year of study:

n/a %

Does the school offer a guaranteed loan to all MBAs regardeless of nationality?

If so, what is the maximum amount a student can borrow per year?

$  N/A

Mean outstanding debt among the most recent graduates from the full-time MBA program:

$  N/A

GMAT

Applicants required to take the GMAT?

Yes

Mean : 726
Median: 730

Middle 80% range GMAT scores:


From:  670
To:  770

Academics & Lifestyle

CLASS OFFERINGS

Average students in a full-time MBA core class:

60

Average students in a full-time MBA elective class:

35

Elective courses available to full-time MBA students:

97

Electives that have been added to the full-time program since June 30, 2008:


The Power of Social Technology
Financial Markets and the Macro Economy
Organization for Strategic Advantage
Strategic Communication
Communication for Global Leaders

Year of last major change or significant overhaul to the core curriculum:

2007

Concentrations and specializations offered to full-time MBA students:


General Management

Other: Global Management Program, Public Management Program

Joint-degree programs offered to full-time MBAs:


MBA/JD (Law)

MBA/MA (Arts)

MBA/MD (Medicine)

MBA/MS (Science)

Other

Does the school offer an accelerated full-time MBA program?

No

FACULTY

Faculty employed by the B-school:

167

Full-time faculty


Tenured: 67
Non-Tenured: 42

Adjunct/Visiting Faculty


Tenured: 2
Non-Tenured: 56

Women on Faculty


Tenured: 10
Non-Tenured: 22

Minority Faculty


Tenured: 8
Non-Tenured: 10

International Faculty


Tenured: 2
Non-Tenured: 20

Faculty with PhDs


Tenured: 69
Non-Tenured: 69

Faculty who are also members of company boards of directors or advisors:

75 %

Faculty who have owned their own business:

8 %

STUDENT LIFE

Professional clubs available to full-time MBA students:


Biotech/Health care

Business Ethics

Business Law

Consulting

Corporate Social Responsibility/NetImpact

Entrepreneurship

Environmental

Finance

High Tech

Investment Banking

Marketing

Media & Entertainment

Nonprofit

VC/ Private Equity

Other

Networking clubs available to full-time MBA students:


Black MBA Association

Gay/Lesbian/Bisexual

Hispanic Student Organization

International Club

Partners/Family

Volunteer

Wine

Women in MBA

TEACHING/ACADEMICS

Teaching methods used


Case study: 40  %
Experiential Learning: 10  %
Lecture: 10  %
Simulations: 10  %
Team Project: 15  %
Other: 15  %

Requirements for graduation:


Students are required to complete international experience

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

TECHNOLOGY

Is there a wireless network in main B-school buildings?

Yes

Technology improvements in the last three academic years:

We expanded our high performance research computing capabilities and increased network file storage, and added some New Media applications for alumni and accepted students. Servers and personal computers are routinely upgraded. We improved our network security. We deployed software applications that support the academic and administrative functions of the school. These applications included instructional simulations and games, as well as applications that support the specific needs of our Academic Administration, Academic Operations, Admissions, and Career Management offices.

Amount spent:

$  15M

Alumni Affairs & Careers

ALUMNI

Living MBA alumni:

16,229

Active MBA alumni clubs

57

Countries in which MBA clubs exist

25

Living MBA alumni who gave in past year:

41 %

Median gift from MBA alumni

$  300

Did school receive an individual gift in excess of $10 million in past academic year?

Yes

Business School Endowment

$  1,007.5M

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:

http://www.stanford.edu/gateways/alumni.html

Does the B-School have an alumni networking site:

Yes

Business school alumni networking site:

https://alumni.gsb.stanford.edu

Do current MBA students have access to an alumni database?

Yes

CAREER SERVICES

Graduates seeking full-time professional MBA employment: 87  %
Graduates not seeking employment: 12  %
Graduates for whom you have no information regarding employment: 1  %

Of grads not seeking employment: Percentage of graduates not seeking employment who were company-sponsored, or already employed: 13  %
Percentage who were continuing their education (after graduation): 2  %
Percentage who were postponing their job search: 7  %
Percentage who were starting their own business(es) : 71  %
Percentage who were not seeking employment for other reasons: 7  %

Annual job-searching trips that the school coordinates or participates in:


Destination: London Trek (Finance & Other)
Month: November
Amount Paid By School: None
Destination: Energy Trek (U.A.E. and Qatar)
Month: November
Amount Paid By School: Partial
Destination: New York Trek (Hedge Funds, Private Equity)
Month: December
Amount Paid By School: Partial
Destination: Marketing Trek (San Francisco Bay Area/West Coast)
Month: March
Amount Paid By School: Partial
Destination: Health Care Networking Reception (San Francisco Bay Area)
Month: May
Amount Paid By School: Partial

Primary Source of Job Offer


School-facilitated activities: 50  %
Graduate-facilitated activities: 50  %
No information provided by graduate: 0  %

Job Offers for 2008 graduates:


Received first job offer by graduation: 94  %
Received first job offer in three months following graduation: 4  %
Did not report having received a job offer: 2  %

Top recruiting firms and the number of full-time MBAs hired in the past 12 months:


Bain & Company

Booz Allen Hamilton

Boston Consulting Group

Credit Suisse Group

Goldman Sachs Group

McKinsey & Company

Walt Disney Co.

Yahoo

Chilton Investment Company

Deloitte Consulting LLP

Eli Lilly and Company

KKR

Oliver Wyman

Salesforce.com, Inc.

Warburg Pincus LLC

Job-accepting graduates who received a signing bonus:

65 %

Mean and median base salary, signing bonuses and other compensation for most recent employed graduates:


Mean base salary for most recent graduates: $  123,171
Median base salary for most recent graduates: $  120,000
Mean signing bonus for most recent graduates: $  27,069
Median signing bonus for most recent graduates: $  20,000
Mean other guaranteed compensation for most recent graduates: $  73,324
Median other guaranteed compensation for most recent graduates: $  40,000

Graduating students who accepted jobs in the following functional areas:


Consulting: 29  %
Finance/Accounting: 42  %
General Management: 4  %
Human Resources: 0  %
Marketing/Sales (Public Relations, Product Management, Market Research, Advertising, etc.): 16  %
Management Information Systems (MIS): 0  %
Operations/Logistics (Logistics, Purchasing, Engineering, etc.): 4  %
Other: 5  %

Graduating students who accepted jobs in the following industries:


Government (Federal, State, Local, Military): 0  %
Consulting: 27  %
Consumer Products: 3  %
Financial Services: 37  %
Manufacturing: 1  %
Media/Entertainment: 3  %
Non-Profit: 5  %
Petroleum/Energy: 2  %
Pharmaceutical/Biotechnology/Health care Products: 3  %
Real Estate: 4  %
Technology: 12  %
Other: 3  %

Graduates who accepted full-time jobs in the following regions:


Africa: 0  %
Asia: 12  %
Eastern and Central Europe and Central Asia: 1  %
Latin America and the Caribbean: 3  %
Middle East: 0  %
North America: 80  %
Oceana: 0  %
Western Europe: 4  %

Within North America, graduates who accepted full-time jobs in the following regions:


Northeast: 17  %
Mid-Atlantic: 2  %
South: 0  %
Southwest: 6  %
Midwest: 5  %
West: 68  %
Possessions and territories: 0  %
Canada: 1  %

Top Companies - Internships:


Apple

Bain & Company

Boston Consulting Group

Chevron Corp.

Goldman Sachs Group

Google Inc.

JPMorgan Chase & Co.

Lehman Bros.

McKinsey & Company

Morgan Stanley

Walt Disney Co.

Education Pioneers

Facebook

Nike, Inc.

Salesforce.com, Inc.

Internships awarded that are paid:

99 %

Mean and median intern compensation per week:


Mean :  1,691
Median:  1,663

Average internship length in weeks:

9.5

SCHOOL COMMENTS

School Comments:

The Stanford Graduate School of Business is constructing a $350 million business school campus of 8 buildings around 3 quadrangles to be completed in 2010-2011. It is expected to achieve the highest LEED Platinum certification from the U.S. Green Building Council for environmental sustainability. The campus will provide the infrastructure for the School's new curriculum introduced in 2007, which includes seminars, leadership exercises in teams of eight, and collaborative multidisciplinary classroom work. In addition to joint degrees listed in the BW database, students may also pursue an MBA/MA in Public Policy, an MBA/MS in Environmental Resources, and and an MBA/MA in Education.

Graduate Comments

My Stanford experience was great, but I don't think Stanford is for everyone. Culture is very big here. I chose Stanford for the culture, not the brand. I would always advise others to do the same. You have to love the culture here or you'll be wasting your time and money. -- Finance

I would not urge all colleagues ALIKE to enroll at Stanford. Stanford is culturally different from institutions such as Harvard and for some applicants, the more competitive environment at HBS may be a more suited learning environment than the one at Stanford. -- Investment Banking

The program has attracted the best students in the world. Especially now that the curriculum has been revamped with smaller classes, even more faculty interaction and a focus on global business. The people here were some of the best and nicest people that I have ever met. They will be my life long friends and colleges. -- Venture Capital/Private Equity

Stanford did an outstanding job of expanding my skill set through classroom teach and my leadership skills through consulting projects with local companies and nonprofits as well as international experiences. -- Consulting

I could not have been happier. Despite leaving a lot of money on the table by attending school, I made a great group of friends, developed a strong network, learned a ton, and developed great relationships with teachers. -- Venture Capital/Private Equity

Stanford has opened a vast numer of doors for me not only professionally but personally too. -- Finance

Stanford's small size doesn't allow anyone to get lost in the cracks. -- Marketing

In some cases Stanford might not be the best place, for the vast majority, we have the best of both worlds... amazing opportunities post-school as well as an incredible experience while in school. I think most people have to select one or the other at other schools.-- Nonprofit

I cannot see any reason why Stanford is not the No. 1 choice for MBA study. -- Consulting

I loved Stanford's MBA program - the size of the class created a real sense of community that made the experience so worthwhile and rich. I got so much out of my 2 years there, both in and out of the classroom, and learned a great deal about myself. -- Marketing

The Stanford community is an extremely tight group of people that focus on group improvement versus individual status and intense competition. The school also has a great focus on personal development through opportunities such as Interpersonal Dynamics. -- Information Technology

After going through the process, I know that business school is not the right choice for everyone. It is a huge commitment of both time and money. Also, my program is very focused on an entrepreneurial path which might not be the best place for someone who doesn't like that type of environment. -- Venture Capital/Private Equity

The small class size and the non grade disclosure student policy, create a unique colaboration atmosphere in the school that permits you to maximize learning from your peers. Being in the middle of silicon valley also generates a unique opportunity for anyone interested in entrepreneurship. -- Entrepeneurship

It is simply the best environment for studying for an mba. The students are friendly and very impressive. I couldn't think of a single flaw. -- Entrepeneurship

I doubt that I would have had such success in finding the right position for me with an entrepreneurial company if I had gone anywhere other than Stanford. -- Entrepeneurship

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