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Stanford University GSB


The first thing that an MBA aspirant has to do as part of research is to list the acceptance rate of the shortlisted Business Schools. The acceptance rate of top 10 Business schools are much lower (10-12%), not just because of the high standards but because most applicants will apply to top schools as part of the dream school application strategy.

Applicants with 550 – 680 GMAT scores are also not behind this process, as most of these applicants will apply to Harvard, Booth, Stanford, Wharton or Columbia. This has a dramatic impact on the total number of applications.

Another reason for the volume is the global recognition that Stanford earned and the reputation that the school favors Entrepreneurs of all nature (aspiring, in the middle of transition and established). The truth is that there is a subtle difference in who the admission team accepts and there is no hard and fast rule that only one type of Entrepreneurs is accepted. A big part of improving your chance for acceptance is to articulate a consistent story and break down your motivation. Truth travels through the clutter if you know how to remove unnecessary adjectives and articulate a clear motivating story.

If you look at the applicants for Stanford...


Finance and Consulting were the two favorite industries before the 2008 crisis. Following the meltdown, recruiters from Technology began poaching MBA candidates from Finance background. The emergence of FinTech helped companies find talents in the intersection of the two industries. As applicants, it comes down to who offers the best base salary and guaranteed compensation. The total guaranteed compensation determines your ROI while the incoming class and the brand reputation among recruiters influence the number of offers.

Post-MBA Salary

Industry (Harvard MBA)

Harvard MBA program is known for the high median base salary. The latest class received $135,000 with 66% of them earning a median signing bonus of $25,000.

Consulting, Consumer Products, Investment Banking, and Consumer Electronics were particularly generous in offering signing bonus with the majority of candidates receiving guaranteed compensation in the range of $25,000 to $50,000.

Venture Capital/Leverage Buy Out/Private Equity
- the most popular sub-industry in Finance only offered 37% of its candidates a signing bonus. However, the Base Salary of $152,000 beats the Consulting median Base Salary, encouraging 41% of applicants to choose Financial Services...


GDP USA Growth rate 2008 to nowIn a span of just 10 years (1999 to 2009), the US Economy went through two booms and busts. The 2001 bust was the result of irrational exuberance that you see when new technology has not found a foothold on the market. Speculators jack up the price. Real investors play along. And then all go to the dust. 2001 was the period when taking the Business online no longer was a lottery for exponential growth but became the new reality of doing Business.  

The 2008 financial meltdown nearly brought down world economies, prompting the govt. to offer a $700 billion bailout – the largest Financial Rescue plan in US history. Officially called, the Emergency Economic Stabilization Act of 2008, the plan bought non-performing loans in auto, mortgages and college tuition. The turnaround happened when the Congress passed the Recovery Act in Feb 2009. It took a year for the Act to see results when private employers outperformed govt. recruitment, adding 17.6 million jobs from March 2010 to Nov 2017 at an average of 190,000 jobs. 2008 also triggered the longest period of high unemployment rate – a trend that was reversed only in June 2015.

In such a dynamic time, it is only fair to evaluate two sought-after MBA...


Essay B: Why Stanford? (400 Words) - Tips

Since you have a complete overview of the curriculum, the study options, and the student clubs, it is time to answer Essay B that asks specifically about ‘how your short-term goals will be fulfilled with a Stanford MBA.

Why Stanford MBA – Career Growth (Courses, Clubs, and Alumni)

When 31% of the class of 2016 chose the Finance Industry post-MBA, there is a clear trend. There is nothing wrong in following it. In fact, applicants who try to be ‘different’, and cite unconventional career paths – Govt. or creative do not often get through the admission process.

Underneath, all the essays about motivation, you have to understand that MBA Admissions is a well-oiled veto process for Employment. Sure, the MBA program will give you the confidence, and the skills, but if the quality of the entering class were to be compromised, the smooth transitioning from pre-MBA to post-MBA for Stanford candidates would get affected. Brand value of the program depends on Stanford's post-MBA salary and career options.

Schools reserve a small percentage of seats for the exception – the low GMAT scoring high performer, but almost all top schools...


Application Deadlines for Class of 2020 (Entering Fall 2018)

                   Deadline           Decision         
Round 1    19 Sep 2017     14 Dec 2017      
Round 2    10 Jan 2018     29 Mar 2018      
Round 3    04 Apr 2018     Mid May 2018     


Improve your chance to get into Stanford MBA program with F1GMAT's Stanford MBA Essay Guide

Learn more about Stanford MBA Admissions


Finance overtook Consulting to attract the highest median base for the Class of 2016.

Stanford MBA Salary by Industry

The lowest median Salary by industry went to Consumer Packaged Goods, followed by Transportation and Logistics Services, Healthcare, Media/Entertainment, and Real Estate. As expected, the highest signing bonus went to Finance and Consulting, taking them to the top of the tally for Total Salary (Median) as well. 

Stanford MBA Salary by Function
 
The return of Finance job function as the favorite after the 2008 financial crisis has finally reached full momentum when 32% of the class opted for the function. PE (Private Equity) Analyst earned the largest base salary ($200,000). The $20,000 signing bonus and $100,000 in other guaranteed payments, takes the total salary to over $300,000; almost instantly getting the cost of the Stanford MBA program back within a year. Of course, with a higher pay, lifestyle needs changes, stretching the ROI period to a feasible 3.5 years.

Understandably, PE and Investment Management have the most...


MIT vs Stanford MBAMIT Sloan and Stanford GSB are two of the top Business Schools in the world. Both are next door to exceptional undergraduate programs that regularly usher in radical new technologies. Along with other schools on campus, both Sloan and GSB are well known for its world-class entrepreneurial environment. Students with a tech background and an entrepreneurial attitude are naturally drawn to the schools, at times facing the dilemma of choosing one over the other. We have picked five factors for your consideration before picking one over the other.

1) Location

Stanford is in sunny California, while MIT is in the colder city of Boston. For many this might not be a deal breaker, but knowing that Bostonians have to weather, an 8-month of depressively low temperature while Californians can find warm weather in all four directions is a deal breaker for MBA applicants who want to experience the city while sharpening their negotiation and leadership skills in the class.

Stanford has a large campus, and is located in Palo Alto, a suburban area, with fewer transport options, and almost no other college students around except for those at Stanford. Sloan is in the city, with all major...

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