PROGRAM BASICS
Stanford MBA Program
Stanford Graduate School of Business
518 Memorial Way
Stanford , California 94305-5015
Program Web site:
Status:
Private Institution
Program e-mail address:
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:
Does the B-School have an alumni networking 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: 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 |
|
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Salesforce.com, Inc. |
|
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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. |
|
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Lehman Bros. |
|
|
McKinsey & Company |
|
|
Morgan Stanley |
|
|
Walt Disney Co. |
|
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Education Pioneers |
|
|
|
|
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Nike, Inc. |
|
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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
Small class, strong culture, teaching based on intensive research, top faculty, brand recognition, laid back culture, brilliant students with diverse interests, big role given to students in deciding the future of the school. Stanford the best business school for a person with my profile and interests. — NA
If someone wants to work in California or be an Entrepreneur or do VC, obviously Stanford is the best school for him or her. If they want to work/live on the East coast, probably not. — Entrepreneurship
The small class size is great. There are 1/3 as many people to fill the same number of interview slots or jobs when recruiters come. Coupled with the brand, you won’t have a better chance of getting one of the top jobs at any other school. Alumni network is extremely helpful. As a member of that network, you become counted among some pretty impressive people. — Venture Capital/Private Equity
Stanford offers a great blend of entrepreneurship, current business practices, innovation. The extensive electives, emphasis on non ibanking/consulting careers, and the eclectic mix of students makes for an environment where you are free to grow and learn in any direction you like. — Consulting
Stanford is truly a transformational place. There is a strong focus on leadership, interpersonal dynamics, and generally “knowing oneself” which helps to distinguish Stanford GSB alumni as thoughtful, genuine, and principled leaders – not only in the workplace but also in the community. — NA
Where else can one learn new venture formation, strategy and entrepreneurship from the current or former CEOs of Cisco Systems, Intel Corp, and Google, while also sitting under the tutelage of Nobel Prize winning economists and the new Chairman of the President’s Council of Economic Advisors? –NA
I got to spend 30 hours analyzing tech strategy and global market changes with Andy Grove in a 20-student seminar. Sometimes I get used to seeing Jack Welch, Herb Kelleher, George Lucas, Steve Ballmer, Anne Mulcahy, John Browne, and Colin Powell speak every other week here. And then I realize that I’m experiencing the most robust intellectual feast ever designed for business leaders. — Venture Capital/Private Equity
For more information and FREE online practice tests visit www.tenaday.in
Source: http://www.businessweek.com/bschools/rankings/full_time_mba_profiles/stanford.html
November 25, 2008 at 10:42 am
Excellent post.