Why Study in Stern School of Business?
- Programs: Stern School of Business offers over 30 programs to its international students across undergraduate, postgraduate and doctoral levels. The b-school offer 5 types of MBA including a dual degree. Besides, students can pursue executive education, certificate courses and online programs at programs at Stern School of Business.
- Campus: Initially known as the School of Commerce, Accounting and Finance, the school is a part of New York University. The institute hosts international students from around 47 countries. Around 770 undergraduate students of the university takes part in the Stern Program for Undergraduate Research.
- Admission Requirements: Stern is among the highest ranked undergraduate business schools in the U.S. For admission to Stern, international students need official academic transcripts, teacher’s evaluation, standardized test scores, essays, resume or proof of professional history and EQ endorsements.
- Cost of Attendance: The Leonard N. Stern School of Business is one of the oldest and first business schools in the country. For undergraduate programs at Stern, the cost of attendance varies between 60,000-80,000 USD (~44-60 lakh INR). For MBA program, the cost of studying is around 122,000 USD (~91.1 lakh INR).
- Scholarships: International students with financial requirements can avail a variety of scholarships to study in USA offered by Stern School of Business. These scholarships covers up to full tuition and fees along with a stipend for accommodation of the student.
- Placements: Graduates of Stern are ranked #1 in employability and receive a mean starting salary of 75,828 USD. 94% of the MBA graduates receive job offers within three months of graduation and 98% of the undergraduates are constantly maintaining the employment rates at the highest levels for the school.
Stern School of Business Rankings
- #8 in EMBA Rankings, in North America, according to QS World Rankings, 2022.
- #18 in Global EMBA Rankings, by QS World University Rankings, 2022.
- #30 in World University Rankings for Masters in Management, by QS World University Rankings, 2022.
- #10 in Best Business Schools by US News and World Report, 2022.
- #10 in Accounting by US News and World Report, 2022.
- #3 in Finance by US News and World Report, 2022.
- #6 in Executive MBA by US News and World Report, 2022.
- #6 in Business Analytics by US News and World Report, 2022.
- #9 in Marketing by US News and World Report, 2022.
Highlights
| Type | Private University |
| Location | New York City |
| Campus Setting | Urban |
| Year of Establishment | 1900 |
| Parent University | New York University |
| Mode of Program | Full-time/ Part-time/ Online |
| Total Enrollment | 2,690 |
| Acceptance Rate | 8% |
| Financial Aid | Scholarships, grants, loans |
Stern School of Business Campus and Accommodations
Stern School of Business has an urban campus in New York City. New York City is a hub for commerce, finance, fashion, arts, media, technology, etc. and also home to most Global 500 companies in the U.S. There are always a lot of events going on in and around the campus. This include varsity and intramural athletics, annual events, industry speakers, arts, culture and entertainment events. Students get to put their leadership skills in practice by participating in any of the 27 professional clubs and organizations specifically designed for Stern students.
Stern School of Business Accommodations
Stern School of Business has 22 residential halls and 2 graduate living communities with a capacity to accommodate around 12,000 undergraduate and graduate students. There are 2 categories of residence halls that include apartment-style living where a communal kitchen is provided and traditional residence halls with no kitchen. The cost of living on or around the campus housing in USA ranges around 19,000 USD. For an Indian student, this is equivalent to 14.1 lakh INR.
First-year residence hall options are Clark Street, Othmer Hall, Brittany Hall, Founders Hall, Goddard Hall, Greenwich Hall, Lipton Hall, Rubin Hall, Third North, U Hall and Weinstein Hall. Each student gets an extra long twin bed mattress, desk and chair, drawer space and a closet or wardrobe cabinet.
Stern School of Business Programs
Stern School of Business offers a handful of undergraduate, graduate and doctoral degree. NYU Stern’s highly ranked academic programs are Accounting, Business Analytics, Finance, Information Systems, Marketing, Real Estate, part-time MBA and executive MBA. The various degree options available at the undergraduate level are, BS in Business program, the BS in Business and Political Economy program, or the BS in Business, Technology and Entrepreneurship program.
There are a variety of business graduate programs offered by the school. Some of the top graduate programs offered by the school are, MS in Business Analytics, MS in Data Analytics & Business Computing, and MS in Global Finance. The school offers five types of MBA programs. This includes Full-time MBA, Part-time MBA, Tech MBA, Executive MBA and Dual-degrees of MBA and other degrees. All the programs except Part-time MBA have a duration of one to two years. Students can complete their part-time MBA within two to six years according to their convenience.
Stern School of Business Admission Process
Stern School of Business is one of the premier institutions in the U.S. Students from all around the world seek admission to the business school. Following is the general process of applying to the school:
How to Apply?
The process for admission to Stern School of Business has been discussed in brief below:
Application Portal: Online Application
Application Fee: 80 USD for undergraduate programs and 250 USD for graduate programs (variable).
Application Deadline: The application deadlines for the undergraduate programs at Stern School of Business are listed below:
| Application Types | Deadlines |
|---|---|
| Early Decision | November 1 |
| Early Decision II | January 1 |
| Regular Decision | January 5 |
The application deadline for the graduate programs is September 15.
Admission Requirements: The following documents must be submitted along with the application:
- Official high school/college transcripts
- Completed 4 year’s bachelor’s degree for graduate programs
- Teacher’s evaluation form
- Scores of exams to study in U.S.
- Midyear report
- Resume or work history
- Essay
- EQ Endorsements
- English proficiency test score (TOEFL or IELTS).
Stern School of Business Cost of Attendance
- International students must prepare a budget of expenses to study in the U.S. before applying for admission to any college.
- The cost of attendance for undergraduate students attending Stern School of Business for two semesters is as follows:
| Expense | Living on-campus/ off-campus in USD | Commuter Student (in USD) |
|---|---|---|
| Tuition | 56,500 | 56,508 |
| Room and Board | 19,682 | 2,580 |
| Books and Supplies | 718 | 718 |
| Transportation | 1,132 | - |
| Personal Expenses | 2,846 | 2,846 |
| Total | 80,878 | 62,644 |
The cost of attendance for MBA program students is given in the table below:
| Expenses | Cost in USD |
|---|---|
| Tuition | 76,700 |
| Registration Fees | 4,429 |
| Room and Board | 27,420 |
| Books and Supplies | 1,500 |
| Transportation | 1,132 |
| Miscellaneous (including NYU Student Health Insurance costs) | 8,144 |
| Loan Fees | 216 |
| Total | 121,541 |
Stern School of Business Scholarships
Stern School of Business offers financial aid to students in the form of scholarships, grants, federal loans, private loans and student employment. Around 25% of the full-time MBA programs receive merit based scholarships. Most of the Stern MBA students receive scholarships equivalent to half or full tuition fees.
All domestic as well as international applicants are considered for scholarships without any additional materials at the time of admission. The details of some scholarships for full-time MBA students are given in the table below:
| Name of Scholarship | Details of the Scholarship | Value |
|---|---|---|
| Dean’s Scholarship | Awarded to a limited number of academically excellent students. | Full tuition and fees |
| Named Faculty Scholarship | Awarded to academically excellent students. | Full tuition and fees |
| Stern Scholarship | Awarded to admitted students with strong academic merit. | Full tuition and fees |
| Directors Scholarship | Awarded to admitted students with strong academic merit. | 50,000 USD |
| William R. Berkley Scholarship | Awarded to exceptional college seniors or recent college graduates who wish to pursue MBA at the Stern School of Business. | Full tuition and fees plus a stipend for housing and educational expenses. |
| Alumni Scholarship | Awarded to admitted students with strong academic merit. | 60,000 USD |
Stern School of Business Alumni Network
Stern School of Business has established a network of over 105,000 alumni members all around the world. Members enjoy a range of benefits and discounts such as:
- Access to video library
- Eligible for 2 tuition-free courses every year and 50% discount on additional courses.
- 50% on all online courses
- Career services and networking opportunities
Some notable alumni from the Stern School are as follows:
- Eric Berger - Financial Advisor, Senior Vice-President, UBS Wealth Management
- Michelle Harrison Bacharach - Co-Founder & CEO at FindMine
- Sanjiv Anand - Chairman at Cedar Management Consulting International
- Rajat Sharma - Multiplatform Analytics at A+E Networks and Independent Film Producer and Director
- Annabeth Eschbach - Chief Executive Officer, Exhale Enterprises, Inc.
Stern School of Business Placements
The career development center of Stern conducts workshops and fairs to bring the employers and students to one platform. Notably, 100% of the class of 2021 seeking a summer internship found one. Graduates of Stern School were employed in various sectors such as transportation, consulting, consumer products, energy and power, finance, real estate, technology and telecommunications, etc. Some of the top employers include Adobe, Amazon, Apple, Facebook, Google, Mastercard, Nike, Pfizer, Deutsche Bank, etc. The average salary of the Stern School of Business graduates according to their respective professions are listed below:
| Professions | Salaries in USD |
|---|---|
| Financial Services | 151,000 |
| Executive Management and Change | 134,000 |
| Finance Control and Strategy | 121,000 |
| Insurance | 132,000 |
| Legal Department | 173,000 |
Stern School of Business is one of the best business school in USA for international students. Highly popular for its MBA programs, the school offers other equally outstanding programs across various disciplines for undergraduate and graduate degree. The school’s career development center provides counseling and help students for locating the best possible career opportunities. With several scholarship opportunities and remarkable ROI for every course, it stands out of the crowd.
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