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Stanford University
Graduate School of Business
Getting In
PROGRAM BASICS
Stanford MBA Program
Stanford Graduate School of Business
518 Memorial Way
Stanford
,
California 94305-5105
United States
Program Web site:
Status:
Private Institution
Program e-mail address:
Graduate business school is accredited by:
AACSB International
SCHOOL BASICS
Graduate business school enrollment:
Part-time MBA:
N/A
Executive MBA:
N/A
PhD Program:
99
Undergraduate business school enrollment:
0
Graduate degree programs:
Other graduate degree programs:
Stanford Sloan Master's Program, a full-time, 10-month program for mid-career executives
PROGRAM COSTS
Total direct costs (tuition and required fees) of the entire MBA program:
Resident :
$
102,642
Nonresident :
$
102,642
Recommended annual budget (Resident):
$
80,677
Recommended annual budget (Nonresident):
$
80,677
PROGRAM LENGTH
Full-time program (months):
21
ADMISSIONS
Application Deadlines
Semester:
Round 1
Deadline:
10
Semester:
Round 2
Deadline:
1
Semester:
Round 3
Deadline:
4
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?
IELTS
TOEFL Computer Based
TOEFL Internet Based Test
TOEFL Paper-based Test
Minimum paper-based TOEFL score required for MBAs:
600
APPLICANTS
Applications (admitted and denied) to the newest class:
7,536
Applicants who were accepted to the most recent class:
7 %
Applicant interviews are:
By invitation only
Admitted applicants who were interviewed:
100 %
Mean base salary forgone:
$ 82,532
Median base salary forgone:
$ 80,000
CLASS PROFILE
Full-time students in newest entering class (2009-2010) that are:
Female:
34
%
International:
39
%
Students from following regions:
Africa :
2
%
Asia:
12
%
Eastern Europe and Central Asia:
4
%
Latin America and the Caribbean:
6
%
Middle East:
3
%
North America:
68
%
Oceania :
1
%
Western Europe:
6
%
Dual citizenship:
6
%
Percentage of U.S. students in newest entering class that are:
N/A
Percentage of U.S. students in newest entering class who are from the following regions:
N/A
Mean months of work experience of newest entering class:
47
Median months of work experience of newest entering class:
48
Middle 80% range of work experience of newest entering class in months:
From:
24
To:
68
FINANCIAL AID
Full-time MBAs apply for financial aid through:
Dedicated financial aid office at the B-school
Full-time MBAs who applied for financial aid for the current academic year:
74 %
Full-time MBAs receiving financial aid in the current academic year:
66 %
Mean MBA financial aid package for the current academic year:
$ 48,191
Median MBA financial aid package for the current academic year:
$ 50,853
On what basis are scholarships awarded?
Financial need
Full-tuition scholarships school will award during the upcoming academic year:
6
How does an applicant apply for scholarship consideration?
Unique scholarship application
Mean scholarship awarded to full-time MBAs in the previous academic year:
$ 20,407
Does the school offer a guaranteed loan to all MBAs regardeless of nationality?
No
Mean outstanding debt among the most recent graduates from the full-time MBA program:
$
75,442
GMAT
Are applicants required to take the GMAT?
Yes
GMAT scores:
Mean :
726
Median:
730
Middle 80% range GMAT scores:
From:
680
To:
770
Academics & Lifestyle
CLASS OFFERINGS
Average number of students in a full-time MBA core class:
44
Average number of students in a full-time MBA elective class:
31
Elective courses available to full-time MBA students:
107
Electives that have been added to the full-time program since June 30, 2009:
Managing Difficult Conversations ; Real Life Ethics
Perspectives on the Financial Crisis & Global Recession
Becoming a Leader: Managing Early Career Challenges
Social Entrepreneurship and Social Innovation
Strategic Marketing Communication
Year of last major change or significant overhaul to the core curriculum:
2007
Concentrations and specializations offered to full-time MBA students:
General Management
N/A
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
The school believes that its leading areas of study for full-time MBA students are:
Entrepreneurship
Finance
Leadership
Organizational Behavior
Other
FACULTY
Faculty employed by the B-school:
161
Full-time faculty:
Tenured:
67
Non-Tenured:
42
Adjunct/Visiting Faculty:
Tenured:
0
Non-Tenured:
52
Women on Faculty:
Tenured:
10
Non-Tenured:
19
Minority Faculty:
Tenured:
10
Non-Tenured:
4
International Faculty:
Tenured:
0
Non-Tenured:
14
Faculty with PhDs:
Tenured:
70
Non-Tenured:
63
Faculty who are also members of company boards of directors or advisors:
50 %
Faculty who have owned their own business:
8 %
STUDENT LIFE
Professional clubs available to full-time MBA students:
Biotech/Health care
Business Law
Consulting
Corporate Social Responsibility/NetImpact
Entrepreneurship
Environmental
Finance
High Tech
Human Resources
Information Technology
Investment Banking
Manufacturing
Marketing
Media & Entertainment
New Media
Nonprofit
VC/ Private Equity
Other
Networking clubs available to full-time MBA students:
Black MBA Association
Gay/Lesbian/Bisexual
Hispanic Student Organization
International Club
Volunteer
Wine
Women in MBA
Other
TEACHING/ACADEMICS
Teaching methods used:
Case Study:
40
%
Experiential Learning:
10
%
Lectures:
20
%
Simulations:
10
%
Team Projects:
15
%
Other:
5
%
Requirements for graduation:
Students are required to complete international experience
Students must have earned a pre-determined GPA/letter grade average
Other:
Additional graduation requirements:
Successfully complete: 100 units (passing grades), all required courses, and 1 course in each of 11 Mgmt. Foundation areas. Fulfill a Global Experience Requirement. Enroll for 6 quarters (full-tuition).
TECHNOLOGY
Technology improvements in the last three academic years:
We expanded our high performance research computing capabilities and increased network file storage. Servers and personal computers were routinely upgraded. We improved 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. We've upgraded our web analytics tools and are working more with social networking sites.
Amount spent:
$ 15,000,000
Alumni Affairs & Careers
B-SCHOOL ALUMNI
Living MBA alumni:
16,596
Active MBA alumni clubs:
63
Countries in which MBA clubs exist:
33
Living MBA alumni who gave in past year:
41 %
Median gift from MBA alumni:
$ 250
Did school receive an individual gift in excess of $10 million in the past academic year?
Yes
Business school endowment
$ 754,900,000
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:
Does the B-School have an alumni networking Web site?
Yes
Business school alumni networking site:
Do current MBA students have access to an alumni database?
Yes
CAREER SERVICES
Graduates seeking full-time professional MBA employment:
81
%
Graduates not seeking employment:
15
%
Graduates for whom you have no information regarding employment:
4
%
Annual job-searching trips that the school coordinates or participates in:
N/A
Primary source of job offer:
School-facilitated activities:
42
%
Graduate-facilitated activities:
48
%
No information provided by graduate:
10
%
Job Offers for 2009 graduates:
Received first job offer by graduation:
74
%
Received first job offer in three months following graduation:
16
%
Did not report having received a job offer:
10
%
Accepted first job offer by graduation:
69
%
Accepted first job offer in three months following graduation:
16
%
Did not report having accepted a job offer:
15
%
Top recruiting organizations most recent academic year:
Apple
Aspire Public Schools
Bain
Boston Consulting Group, The
Cisco
Clorox Company, The
DaVita
Deloitte Consulting LLP
eBay, Inc.
Goldman Sachs International
KKR
McKinsey & Company
Pacific Gas & Electric Company
PepsiCo
Yahoo! Inc.
Job-accepting graduates who received a signing bonus:
56 %
Base salary, signing bonuses and other compensation for most recent employed graduates:
Mean base salary:
$
118,384
Median base salary:
$
120,000
Mean signing bonus:
$
25,790
Median signing bonus:
$
20,000
Mean other guaranteed compensation:
$
61,199
Median other guaranteed compensation:
$
26,500
Graduating students who accepted jobs in the following functional areas:
Consulting:
37
%
Finance/Accounting:
30
%
General Management:
4
%
Human Resources:
0
%
Marketing/Sales:
22
%
Management Information Systems (MIS):
0
%
Operations/Logistics:
2
%
Other:
5
%
Graduating students who accepted jobs in the following industries:
Government:
0
%
Consulting:
32
%
Consumer Products:
7
%
Financial Services:
28
%
Manufacturing:
0
%
Media/Entertainment:
3
%
Non-Profit:
4
%
Petroleum/Energy:
1
%
Pharmaceutical/Biotechnology/Health Care:
7
%
Real Estate:
0
%
Technology:
12
%
Other:
6
%
Graduates who accepted full-time jobs in the following regions:
Africa:
0
%
Asia:
5
%
Eastern and Central Europe and Central Asia:
0
%
Latin America and the Caribbean:
5
%
Middle East:
2
%
North America:
84
%
Oceana:
0
%
Western Europe:
4
%
Within North America, graduates who accepted full-time jobs in the following regions:
Northeast:
18
%
Mid-Atlantic:
1
%
South:
4
%
Southwest:
4
%
Midwest:
5
%
West:
52
%
Possessions and territories:
0
%
Canada:
0
%
Top recruiting organizations for internships, most recent academic year:
Amazon.com
Apple
Bain & Company
Booz & Company
Boston Consulting Group Inc., The
BT Group plc
Cisco
Clinton Foundation
DaVita, Inc.
Education Pioneers
Endeavor Initiative Inc., The
Goldman Sachs International
McKinsey & Company
Morgan Stanley
United States Government
Internships awarded that are paid:
99 %
Weekly internship compensation:
Mean:
$ 1,335
Median:
$ 1,447
Average internship length in weeks:
10
SCHOOL COMMENTS
School Comments:
At the Stanford Graduate School of Business, a highly collaborative culture, combined with a strategically small student body creates a vigorous intellectual environment and compelling learning experience – all set in Silicon Valley, one of the most dynamic economic centers in the world. In 2009, the School graduated the first class to complete its new MBA curriculum, which serves as a model of thought leadership for management education. The curriculum includes more critical thinking in seminars of just 16 students, leadership development in teams of 8 people, a global experience requirement, and menus of courses to fulfill foundation requirements according to each individual’s background and experience. A state-of-the-art business school campus will open in 2010-2011. It is expected to achieve the highest LEED Platinum certification for environmental sustainability from the U.S. Green Building Council.
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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