NYU Stern School of Business (2024)

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Academics

Faculty

Stern has 455 faculty members, with more than 150 holding tenured or tenure-track positions. In addition to teaching courses across the school’s 10 academic departments and programs, professors help staff Stern’s 14 research centers and initiatives, which range in focus from digital economy research to entrepreneurship and innovation.

Curriculum

Stern’s full-time MBA program is designed to be completed across four semesters of roughly 14 weeks each. All first-year students participate in Launch, a two-week orientation period. First-semester courses then begin in early September and continue through mid-December. Following a month-long winter vacation, second-semester courses run from early February through mid-May, with commencement following shortly thereafter. In the summer between the first and second years, students are strongly encouraged to gain professional exposure by completing an internship in their post-MBA target industry.

Upon entering the program, first-year students are divided into six blocks of 60 to 70 people each; each block takes the majority of its core courses together. Blocks are further broken down into study groups of five to six students each that work together to review material and prepare assignments for core courses. Professors at Stern use a variety of teaching methods including lectures, class discussions, group projects, problem sets and guest speakers, among others.

A total of 60 credits, more than half of which are elective courses, are required for graduation. The first year of Stern’s MBA program is devoted mainly to completing core requirements. All students must take the courses Financial Accounting & Reporting and Statistics & Data Analysis and then choose at least five courses from a list of seven that cover topics across operations, finance, economics, decision-making, leadership, marketing and strategy. Students are allowed to waive core courses by proving prior experience in an area or by passing a proficiency exam.

Students may begin taking elective courses in the second semester of the first year. The second year is comprised entirely of electives, except for the required Professional Responsibility course. Stern students have a huge variety of electives to choose from, as the school offers more than 200 elective courses over a two-year period. In addition, students may apply up to five courses at other NYU graduate schools to their MBA degree. The school also provides many opportunities for international study, including semester exchange programs with nearly 50 partner schools across the world and one- to two-week intensive courses, called “Doing Business In…,” in over 10 locations worldwide.

To help students tailor their MBA studies to their desired career paths, Stern offers specializations in 27 areas of study. Students may choose up to three specializations, with each specialization requiring students to take about three elective courses in that area of study.

Other MBA Degree Options

In addition to the full-time MBA program, Stern offers a part-time MBA as well as an Executive MBA program. Since May 2018, Stern has also run a Tech MBA and a Fashion & Luxury MBA. The school also partners with the London School of Economics and Political Science and HEC School of Management in Paris to offer the TRIUM Global MBA, a global EMBA program in which students split time between the three schools.

Stern offers a variety of dual degrees in conjunction with other graduate schools at NYU. These include a JD/MBA, an MBA/MFA and an MBA/MPA, among others. Students can also earn two MBA degrees by applying to Stern’s dual MBA program with the HEC School of Management.

Specializations at Stern

• Accounting
• Banking
• Brand Management
• Business Analytics
• Corporate Finance
• Digital Marketing
• Economics
• Entertainment, Media and Technology
• Entrepreneurship and Innovation
• Finance
• Financial Instruments and Markets
• Financial Systems and Analytics
• FinTech
• Global Business
• Healthcare
• Law and Business
• Leadership and Change Management
• Luxury Marketing
• Management
• Management of Technology and Operations
• Marketing
• Quantitative Finance
• Real Estate
• Strategy
• Supply Chain Management and Global Sourcing
• Sustainable Business and Innovation
• Tech Product Management

Degree Offerings at Stern

Full-time MBA Program
http://www.stern.nyu.edu/programs-admissions/full-time-mba

Part-time MBA Programs
Options to pursue – Accelerated Two-Year, Flexible Weeknight, Online/Modular, and Saturdays.
https://www.stern.nyu.edu/programs-admissions/mba-programs/part-time-mba-manhattan/academics

Tech MBA
http://www.stern.nyu.edu/programs-admissions/tech-mba

Fashion & Luxury MBA
http://www.stern.nyu.edu/programs-admissions/fashion-luxury-mba

Executive MBA Programs
Stern-only and global options
https://execed.stern.nyu.edu/

Campus Life

Clubs, Conferences & Competitions

There are plenty of opportunities for students to participate in extracurricular activities at Stern. SGov, Stern’s MBA student government, oversees the school’s more than 40 student clubs, spanning across professional, community, sports and social interests. On the professional side, Stern boasts large clubs such as the Management Consulting Association and Graduate Finance Association, which host annual conferences featuring prominent industry leaders. Meanwhile, the Stern Soccer Club travels around the country competing in soccer tournaments against other business schools such as Tuck, Fuqua and Kellogg.

Stern students and staff work to host a variety of conferences and competitions each year. Annual conferences include the Stern Women in Business Conference. The Berkley Center for Entrepreneurship also holds two annual business plan competitions—$300K Entrepreneurs Challenge and the Social Venture Competition—that together award hundreds of thousands of dollars in cash prizes and grants to aspiring entrepreneurs.

Campus Space

Stern’s MBA program is headquartered in Kaufman Management Center, which lies near the middle of NYU’s Greenwich Village campus. Kaufman features a variety of amenities, including meeting spaces, lounges, classrooms, a reading room and a café. Bobst Library, NYU’s main library, is home to nearly five million volumes and located next door. The school reports that many MBA students choose to live off campus, though housing is available in the Palladium, a residential building that houses over 100 Stern graduate business students.

MBA Careers

Career Services

Stern’s Office of Career Development provides MBA students with a two-year Career Development Program, which includes career workshops, résumé reviews, mock interviews and industry panels. Students can also work individually with the Office of Career Development’s career counselors or with second-year MBA Career Coaches who have been trained to advise students on the job search process. Successful alumni also participate in Industry Captains-in-Residence through which they provide full-time students with expert advice and insights. Throughout the MBA program, Stern students are exposed to recruiters through a variety of events, including networking receptions, company presentations and career fairs. On-campus interviews begin in early-October for second-year students and in early January for first-year students.

Career Statistics

The average starting salary for the Class of 2023 was $201,727, with an average signing bonus just above $38,192. The most popular job function for Class of 2023 graduates was consulting, chosen by nearly 49% of students. The function of finance/accounting claimed 31% of students. Marketing/sales followed at 10%.

In regards to industry, consulting took the lead at 42%. Financial services followed at roughly 29%. Fourteen percent of the Class of 2023 went into the tech/telecom industry. Another three percent each went into CPG or media/entertainment/sports.

Just over 95% of the Class of 2023 chose jobs in the U.S. Of those, over 78% remained in the Northeast, following the common trend among business schools of placing a large proportion of graduates in the region where it is located. Meanwhile, 9% of 2023 graduates settled in the U.S. West, nearly 4% in the Mid-Atlantic and nearly 3% in the Southwest. For the 5% of students choosing to work internationally, Asia was the most popular, claiming 2.4% of the class.

Financing

Although tuition and fees for the 2023-2024 academic year is $84,180, Stern estimates that with additional expenses such as housing and textbooks, students will pay $126,874 in that time. However, the school awards merit-based scholarships to approximately 20 to 25 percent of admitted full-time MBA students, in addition to offering teaching fellowships and graduate assistantships. There are also a variety of scholarships available through outside organizations. For further financial assistance, U.S. citizens and permanent residents may apply for federal or private loan programs. Stern has partnered with MPower Financing and Prodigy Finance to offer loans to international students without a U.S. co-signer.

Cost of Attendance (2023-2024)

• Tuition $84,180
• Orientation Fee $1,912
• Room & Board $29,344
• Books & Supplies $1,500
• Transportation $1,154
• Loan Fees $216
• Miscellaneous $4,500
• Health Insurance $4,068
• Total $126,874

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