Leading business school Stanford Graduate School of Business (GSB) has particular expertise in entrepreneurship, social impact, and private equity and venture capital. Stanford GSB is actually the most selective business school, despite the fact that it sometimes compares poorly to Harvard Business School (HBS)—as of 2019, Poets & Quants reports that its endowment is nearly $2 billion less than HBS’s, and HBS consistently produces more CEOs, cabinet members, and other alumni in powerful positions—because of its larger Enrollment.
Even if you are a strong applicant, you are not guaranteed a spot because of the low acceptance percentage. The famous quote by Dean Emeritus Robert Joss that he could “twice the size of the incoming MBA class without even impacting the quality” has the implication that every year, many candidates who are very competent will be turned down.
Stanford MBA Curriculum
The curriculum for the Stanford MBA programme is divided into six quarters: the first year’s autumn, winter, and spring quarters, and the second year’s autumn, winter, and spring quarters. The first year of the programme is dedicated to the GSB compulsory curriculum, during which time students attend set core classes in the fall and choose from a small selection of classes in the winter and spring. One criterion for a global experience is also required of students. In their second year, GSB students can select from at least 100 courses thanks to the elective curriculum. Each year, these courses change. Strategic Philanthropy and Impact Investing, Media Entrepreneurship, Investing for Good, Strategic Pivoting for your Next Chapter, and Making Social Ventures Happen by Design are a few of the courses Stanford is now offering.
Obtaining a Stanford MBA qualifies you for a thorough general management degree. GSB doesn’t provide majors, however, it does offer nine distinct academic areas from which students can select their electives:
- Economic Analysis and Policy
- General and Interdisciplinary
- Organizational Behavior
- Operations, Information and Technology
- Political Economics
- Strategic Management
MBA International Study Programs
Students must complete at least one international experience during their first year at GSB. There are four experiences from which students can pick.
- Global Management Immersion Experience: During the summer, students work on projects for four weeks while abroad.
- Global Seminars: Students spend eight to ten days at the seminar site and receive in-depth instruction on a global business issue.
- Global Study Trips: Spend eight to ten days studying abroad in a group of 20 to 30 students in order to gain a deep understanding of a global topic.
- Participate in the Stanford-Tsinghua Exchange Program to work on academic projects with students from the School of Economics and Management at Tsinghua University.
Students may design their own independent study or international internship through GSB.
Stanford GMAT & GRE Score
When applying to the Stanford MBA programme, the only criterion for GMAT or GRE results is that they must be current as of the deadline for the application cycle you are submitting them in. In the event that the applicants’ official scores are received after the MBA application deadline, students may send their unofficial scores to the Stanford University MBA program. However, you must see to it that the school receives a copy of the official score report as soon as it is made available.
Stanford College PTE, TOEFL, and IELTS requirements
At Stanford GSB, all classes, including the MBA, are taught in English. Therefore, you must take one of the tests listed below to demonstrate your language skills.
- a TOEFL with an Internet-Based Test score of at least 100 (IBT)
- PTE with a minimum overall score of 68 and an IELTS overall band score of at least 7.0
All of these tests should be taken before submitting your application because they are all valid for up to two years. You might not need to take this test if all of your previous undergraduate or graduate studies were taught in English.
Stanford MBA Application Deadline 2022-23
Although there are three rounds of application review, applicants are urged to apply in Rounds 1 or 2 because the likelihood of acceptance is noticeably higher in those rounds.
|Round||Application Deadline||Notification Date|
|Round 1||13 September 2022||08 December 2022|
|Round 2||5 January 2023||30 March 2023|
|Round 3||11 April 2023||25 May 2023|
Stanford MBA Fee
|Books And Supply||₹144331|
Stanford MBA Ranking
The Times Higher Education (THE) World University Rankings for 2023 place Stanford University in the third place when it comes to rankings. It occupied the fourth spot in 2022. The university’s standing in the most recent THE rankings have increased. Research, teaching, an international perspective, citations, and industrial outcome make up the five categories into which the performance metrics for the university’s THE rating methodology are divided.
According to the QS rankings for universities, Stanford University was ranked third in 2023. The university held the third spot in 2022 as well. However, the university was ranked second in 2020 and 2021. Employer reputation, faculty-to-student ratio, academic reputation, citations per faculty, international student ratio, and international faculty ratio are the factors that affect the QS World University Rankings.
Stanford MBA Employment and Placement
The employment results of the Class of 2021 go to show that leading organizations continue to value the critical thinking, global mindset, innovative spirit, and leadership skills of Stanford MBAs. Graduates from the Stanford MBA program emerge from their two-year experience with a better sense of their role as the custodians of the 21st-century global economy. The rigorous curriculum along with intellectually challenging peers and faculty, make Stanford graduates one of the most sought-after candidates in the business world.
Stanford MBA Program 2021 Placement Highlights
|Mean base salary||$161,831|
|Median base salary||$158,400|
|Job sectors||Consulting, Finance, General Management, Marketing / Sales|
|Location where the highest number of graduates were placed||North America|
|Industries||Consulting, Finance, Consumer Products, Technology|
Stanford MBA Scholarships
It is recommended to plan financially before you embark on the journey of applying to a business school. The Stanford GSB admits a wide range of students irrespective of their financial situation. All the students of the Stanford MBA Program, regardless of their citizenship, are eligible for financial aid. The Stanford GSB offers a wide range of financial aid to its students:
- Stanford GSB Need-Based Fellowships: The average Stanford GSB fellowship is approximately $42,000 per year or $84,000 in total awards.
- Stanford GSB BOLD Fellows Fund: The mission of the Building Opportunities for Leadership Diversity (BOLD) Fellows Fund is to further Stanford University’s commitment to diversity and inclusion by augmenting Stanford GSB’s financial aid for MBA students with financial hardship and a commitment to the advancement of diversity, equity, and inclusion.
- Stanford Knight-Hennessy Scholars Program: Every year the Stanford Knight-Hennessy Scholars selects up to 100 students who are newly enrolling in any graduate program of Stanford University’s seven schools. Candidates of any country may apply and must submit two applications to be considered; one to Knight-Hennessy Scholars and one to the graduate degree program by its deadline.
- Career support: Stanford MBA program provides financial support to qualifying MBA students who pursue careers in a non-profit and public service sector or in a high-impact business.
At the Stanford Graduate School of Business, anything is achievable. It is a location where knowledge is pushed beyond what is imaginable. where individuals who hold dissimilar thoughts and opinions are not only welcomed but also embraced. And in this particular group of innovation and collaboration, moral leaders emerge.