Saturday, 2 November 2013

New York University (Stern) MBA admission details

The Leonard N. Stern School of Business at New York University offers graduate programs in these departments and concentrations: accounting, e-commerce, economics, entrepreneurship, finance, general management, international business, leadership, manufacturing and technology management, marketing, management information systems, not-for-profit management, production/operations management, organizational behavior, real estate, supply chain management/logistics, and quantitative analysis/statistics and operations research. Its tuition is full-time: $52,828 per year; part-time: $1,738 per credit; and executive: $157,000 total program. At graduation, 79.5 percent of graduates of the full-time program are employed.
M.B.A. students at the Stern School of Business are grouped in blocks of about 60 before starting school, and this grouping will shape their two years of graduate school education. Students in a block take core courses together, eat lunches on Mondays, and even compete in the annual Block Olympics.
When not with their block, students can take electives across NYU’s highly ranked schools. The Stern degree is an M.B.A. in General Management, and students can specialize in up to three areas, such as Data, Models and Decisions or Luxury Marketing. Students can also complete dual degrees, often at an accelerated pace: the J.D./M.B.A. takes four years at Stern and the NYU School of Law; an M.S. in Biology/M.B.A. takes three years at the Graduate School of Arts and Sciences; and an M.B.A./M.S. in Mathematics in Finance takes three years at the Courant Institute of Mathematical Sciences, among a few other dual degree offerings.
There are about 40 student organizations to check out, and the school’s location in New York City gives students plenty of job opportunities. Stern students can live in university housing near campus or in Manhattan. Students looking for a break from campus can take advantage of week- or semester-long study abroad trips offered through the school.
Some Stern alumni have risen to the top of the makeup industry, including graduates Guillaume Jesel, the senior vice president of MAC Cosmetics; Alan Ennis, president and CEO of Revlon, Inc.; and John Demsey, group president of The Estée Lauder Companies. Other notable alumni of the Stern School of Business include Jack Abernethy, CEO of Fox Television Stations, and Farooq Kathwari, chairman and CEO of Ethan Allen Interiors Inc.

Admissions

Application deadline (U.S. residents)March 15
Application deadline (international students)March 15
Applicants (full-time)
Applicants (full-time)
Applicants (part-time)
Applicants (part-time)

Academics

Student Body

Enrollment (full-time)780
Gender distribution (full-time)
Gender distribution (full-time)

Cost

Tuition
Full-time: $52,828 per year
Part-time: $1,738 per credit
Executive: $157,000 total program
Required fees (full-time and part-time)$2,326 per year

Selection Criteria

We seek students with strong intellectual ability, superior interpersonal skills and a desire to create value for business and society
We evaluate each candidate holistically across three dimensions: academic profile, professional achievements & aspirations and personal characteristics.

1. Academic Profile

We seek students who will flourish in our academic program. Your academic profile is assessed through:
  • Quality of and performance in your prior academic program(s), as evidenced in your transcripts
  • General aptitude as measured by the Graduate Management Admission Test (GMAT) or Graduate Record Examination (GRE)
Notes about Academic Profile:
  • Stern has no minimum cumulative grade point average (GPA) requirement and accounts for variances in grading systems around the world.
  • Stern students have a variety of academic backgrounds, including liberal arts, engineering, social sciences and business.
  • Stern has no minimum standardized test score requirements. We consider only your highest overall GMAT score, highest GRE scores (from the same exam) and highest overall TOEFL score (if required). Therefore, feel free to re-take a test if you believe you can improve your performance.
Admissions Tips:
  • Listen to our podcast:
    Academic Profile
  • Each school has its own policy regarding the impact of re-taking standardized tests. Be certain to research these policies.

2. Professional Achievements and Aspirations

We seek students with a proven track record of success, a high potential for future leadership and a well-articulated plan to achieve their career aspirations. We also look for students who can think broadly about how to reach their goals in a business environment of increased ambiguity. Professional achievements and aspirations are primarily assessed by:
  • Résumé
  • Work history
  • Professional recommendations
  • Essays
  • Interview (by invitation only)
Notes about Professional Achievements & Aspirations:
  • Applicants have a wide range of work experience, from zero to seventeen or more years, and come from a variety of professional backgrounds, such as consulting, financial services, entertainment, consumer products, nonprofit and technology. Because we value the diversity of our applicants’ backgrounds, no industry is favored over another.
  • Our Admissions Committee evaluates work experience not only in terms of years, but also in regard to depth and breadth of an individual’s experience, responsibilities and progression.
  • Although academic work and internships do not count toward professional work experience, we review all work experience as part of the admission decision.
  • Work experience is not required to apply.
Admissions Tips:
  • Listen to our podcast:
    Work Experience
  • To help clarify your goals, take the time to conduct informational interviews in your desired field. Your undergraduate alumni network is a good place to begin.
  • To feel confident in your career aspirations, use the resources provided by the Graduate Management Admissions Council (GMAC), such as the CareerLeader self-assessment program.

3. Personal Characteristics

We value students with both intellectual and interpersonal strengths. We seek students who embody Stern’s values of mutual support and collaboration and who will be passionate, engaged participants in the Stern community. These personal characteristics are often evidenced in:

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