Stanford Full-time MBA is a 24-month program with the 2016 class setting a new record in the history of Stanford GSB for the largest class with 410 students. The diverse group of students for the latest class was chosen through a rigorous MBA Admission process that accepted applications from 7355 aspirants with an acceptance rate of 5.5%. The sparks of innovation that Stanford is known for has to do with the talented group of MBA candidates but the environment - the pleasant “The Knight Management Center Campus” in Bay Area, Northern California, is the perfect fertile ground for new ideas. The vicinity to some of the best innovators in the world – Intel, Google, Facebook and Apple, lends an inspiring learning experience for MBA candidates.
Download F1GMAT's Analysis - Stanford MBA Curriculum
Stanford MBA Class profile
For the Class of 2016, Stanford Full-time MBA program received 7,355 applications, admitting only 410 students – a 5.5% acceptance rate. The entry criteria in terms of GMAT score is on the higher side with the class average at 732 and GPA at 3.73. Women and International students were represented at a much higher percentage compared to other top MBA programs at 42% and 44% respectively. Unlike other programs, Stanford has also maintained diversity in terms of pre-MBA employment, with the admission team, selecting candidates from a record 312 companies.
The 48% representation of MBAs with Humanities or Social Sciences background represents a trend in the selection pattern for the Stanford MBA program, with the range in the 46-51% over the past 5 years. Engineering, Math, or Natural Sciences representation has peaked at 38% for a 5-year time period, and MBA candidates with Business background is represented the least at 14%.
When you compare the pre-MBA experience from an industry point of view, a much-needed diversity is maintained for the class of 2016 with Consulting taking a slight upper hand with 20%, followed by a tied spot for Venture Capital/Private Equity (15%), and Government, Military, or Nonprofit (15%). The least represented Industry is manufacturing at 2%.
Stanford MBA Tuition
The cost for a Stanford Full-time MBA program varies depending on the number of co-dependents. The tuition Fee is $61875 for the first year adding up to a total cost of $206,870 for the 2-year program. This data is for MBA candidates without any co-dependents living on the campus. If you choose to stay outside the campus, you have to budget for an additional $9222. Married Stanford MBA candidate living off-campus bear the most cost with the total rising up to $249,068.
Stanford MBA Salary
Stanford MBA Class of 2014 earned a median base Salary of $125,000 with candidates joining the Energy industry earning the highest median salary ($150,000) while candidates joining Govt. sector earned the lowest ($88,000). Candidates joining the Consulting industry earned $135,000 compared to Finance industry’s $150,000. But one interesting data point is the discrepancy within the Finance industry.
Contrary to popular belief, Investment Banking fetched the lowest median base salary ($100,000) within the industry but the $45,000 signing Bonus, compensated for the low base salary. Private Equity is the most lucrative function within the Finance industry with professionals earning a median salary of $170,000 excluding the signing bonus of $40,000. The Entrepreneurial streak in Stanford MBA student is evident in the latest Employment report. 17% of Stanford MBA students were pursuing Entrepreneurship full-time with involvement in industries as diverse as Materials Science, Logistics, and Consumer Products.
2019 MBA Research Guide - Choose your MBA
F1GMAT's Comprehensive MBA Research Guide will teach you how to select MBA programs through a bottom-up approach.
Articulating your Post-MBA Goals and Career Path is the FIRST step. Which program will give you that hike in Salary, Switch in Career, Change in Location or Job Satisfaction?
We cover them all through our extensive analysis.
+ How to Choose the Best MBA Program: Factors to Consider
Define Post-MBA Goals
Pick your Path: Generalize or Specialize
Use Moral Algebra Method
Use Multi-Attribute Utility Theory
Understand the Top 5 Risks
Measure MBA Career Service Team's Effectiveness
Use Bookending to Calculate MBA Admission Chance
Use Net Present Value to Calculate MBA Return on Investment
Don't Fall for the Mere Exposure Effect
Best Practices to find the truth in MBA Information Session or MBA Tour
Comprehensive MBA Research Guide: Includes Top MBA Programs by 19 Specializations:
+ General Management
+ Operations Management
+ Supply Chain Management
+ Luxury Management
+ Information Systems
+ Hospitality Management
+ Leadership Development
+ Military &
+ Top MBA Program Ranking
Top 20 MBA Programs - Tuition Fee (2018)
Top 31 MBA Programs in United States – Total Cost & Salary (2017)
Top 60 MBA – GMAT and GPA (Average & Median)
Top 20 European MBA Programs - Tuition Fee, Total Cost & Salary
Top 20 European MBA Programs (Based on Actual Salary Increase)
Top 20 European MBA Programs (Short-term return on investment)
Top 20 Affordable European MBA Programs
Top 10 MBA in UK – Salary & Fee (2018)
Top MBA Destinations Based on Happiness Index
Top MBA Destinations based on Innovation Index
Top 10 MBA Job Markets based on Cost of living and Purchasing Power
Top MBA Destination: By Economy
+Comparisons - Top MBA Programs
Wharton vs. Columbia MBA (2018)
MIT vs. Stanford MBA (2017)
Haas vs. Ross MBA (2018)
Kellogg vs Ross MBA
Booth vs Wharton MBA
MIT Sloan vs Tuck MBA
IMD vs. INSEAD MBA (2017)
IIMA vs. ISB (2017)
+ MBA in France (2018)
Top Industries in France
Top MBA Programs in France
+ MBA in the UK (2018)
Top Industries in the UK
Top MBA Programs in the UK
Scholarships in the UK