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New York University: Stern


Q) I want to enter Technology post-MBA. Which program in the US is best to enter the industry?How good is NYU Stern’s Tech MBA?

NYU Stern’s Tech MBA is part of the two one-year MBA programs that the team announced in 2017.  Until the first batch of Tech MBA finds opportunities, the verdict on the program’s effectiveness is still out.

One way to look beyond the employment report is to analyze three influencers: New York as a post-MBA location for Technology, the curriculum’s effectiveness, and NYU Stern Full-time MBA’s history in Technology recruitment.

New York as a Post-MBA Location for Technology

The cliché that you should be close to the opportunity is a cliché because there is truth to the statement. Now with new means to raise capital (cryptocurrency and ICO), Entrepreneurs entering technology can work from anywhere but Silicon Valley’s thriving technology eco-system and the fact that from the top 10 Technology Companies in the world, 7 are from California, the influence becomes apparent.

Silicon Alley

Many Venture Capitalists mocked Silicon Alley as a cheap imitation of Silicon Valley. But the latest Census of Employment and Wages in New York shows that the vast majority of employments (86%) are in the Silicon Alley...


Why Stern MBA essay should encapsulate all the key features without making the essay a summary of the Brochure. You have to offer context and explain how each program has a direct impact on your post-MBA goals.

Stern MBA Core + 25 Specialization + Doing Business in (DBi) + Stern Consulting Corps (SCC) + Stern Signature Projects + Social Impact Internship Fund (SIIF) + Global Programs + Leadership Development -> Post-MBA Goals (Job Function, Job Industry, and Leadership)

Sample NYU Stern Essay 1: Goals (498 Words)

What are your short and long-term career goals?

How will the MBA help you achieve them?

(500 Words Maximum)


When my friends struggled with Math in Grade 8, I was looking forward to my next assignment. Numbers fascinated me. The journey towards a solution was filled with turns and missteps, but each step demonstrated my capability. I learned to persist. People exaggerate in conversation and writing, but math is about Integrity. It is when you can’t hide the truth from yourself. My search for truth led me to Goldman Sachs as an Analyst. If I continue in my current role, I would be an associate by next year, but miss...


True to its reputation, NYU Stern attracted the most offers in the Financial Services industry (35.3%) with Investment Banking (28.2%) the most popular sub-group in the industry. Consulting was the second most popular industry (28.5%) while for the third position it is a close race between Consumer Packaged Goods and Technology/Telecommunication, both attracting 8-9% of the class. Candidates followed the post-MBA salary, as is evident from the total salary where Consulting ($166,904) and Financial Services ($166,707) fetched the best pay. As expected, the lowest paid industry was non-profit ($92,500 – total salary). However, other industries crossed the $100,000 total salary but surprisingly the median base salary for Media/Entertainment was $95,000 despite New York’s stronghold as a media hub. The transition from traditional to social media is evident from the lower demand and compensation in the media industry.

NYU Stern MBA Salary by Industry

Finance was the most popular job function with a total salary of $161,767 with a large percentage opting for Investment Banking that attracted over $172,000 in total salary.

...


NYU Stern MBA Application Deadlines for the year 2016-17 has been announced.

     
                    1st Round          2nd Round         3rd Round        4th Round

Deadlines      Oct 15, 2016       Nov 15, 2016    Jan 15, 2017     Mar 15, 2017

Notification    Dec 15, 2016      Feb 15, 2017    Apr 1, 2017       Jun 1, 2017
By:

Download NYU Stern MBA Essay Guide to kick start your MBA Application

Visit Stern MBA Admission Page


Essay 1: Professional Aspirations (750 word maximum, double-spaced, 12-point font)

Why pursue an MBA (or dual degree) at this point in your life?
What actions have you taken to determine that Stern is the best fit for your MBA experience?
What do you see yourself doing professionally upon graduation?

Stern MBA Essay Tips

Approaching Stern MBA essay is little different from how you approach Stanford or Wharton essays. NYU Stern is among a handful of schools where grades take precedence over the whole experience. If you have referred the ‘Study Abroad Courses’ section, you might have learned that the courses taken during the exchange has no contribution towards your grade.

Stern also has strict guidelines on maintaining the 35-40-25% ratio for grades or what is known as the NYU Stern grading curve. According to the guideline professors are required to give A and A- grade to only 35% of the class – the top percentile, B and B- to 40% of the class – the majority and C and lower to 25% of the class.

NYU Stern Grading System
 
Career Stagnation

98% of the applicant will cite this reason for pursuing an MBA, and rightly so. It is...


Essay 2:  Personal Expression
Please describe yourself to your MBA classmates. You may use almost any method to convey your message (e.g. words, illustrations). Feel free to be creative. If you submit a non-written piece for this essay (i.e., artwork or multimedia) or if you submit this essay via mail, please upload a brief description of your submission with your online application.

NYU Stern MBA Essay 2 (Tips): The resume covers your progress as a high achieving professional but the admission team values emotionally intelligent and impact-oriented Stern MBAs. The second question evaluates your personality from another dimension – creativity. How will you introduce yourself if you feel completely comfortable among your peers?

Remember, as a kid, how we used to introduce ourselves to classmates. Initially, it started with Name and Son/Daughter of Father/Mother’s Name, then it became Name and What you loved, then slowly it evolved to Name, and the courses you like and finally the boring Name and your area of expertise. Your job is one aspect of your personality. Your values, hobbies, and beliefs are much more interesting than you imagine, unless you hold some archaic worldview. What if you can combine all the elements of your personality – family, upbringing, what you love, the courses you love, and your professional accomplishments in one essay or as an illustration?...


NYU Stern MBA Essay TipsNYU Stern has released the essays for 2014-15 MBA admission season. There are two mandatory essays this year. The first essay is divided into three parts while second essay has two options. Applicant has to choose one option from Essay 2. The first option is about the career path while the second option is a creative submission about the applicant. In this Stern MBA Essay Tips and Strategies article, we will give you specific tips on answering the essay questions.

Essay 1:  Professional Aspirations
(750 word maximum, double-spaced, 12-point font)
Why pursue an MBA (or dual degree) at this point in your life?
What actions have you taken to determine that Stern is the best fit for your MBA experience?
What do you see yourself doing professionally upon graduation?


NYU Stern has gone with the traditional essay question about Why MBA now with the first part of the question. When you answer, demonstrate why an MBA program is appropriate for your career now. If it is career progression or...




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