Last Updated on October 8, 2023 by Robert C. Hoopes
New York University Stern School of Business Ranked 10th Best MBA Program in the United States
New York University (NYU) Stern School of Business has been recognized as the 10th best MBA program in the United States, according to the latest rankings from U.S. News & World Report. Stern’s consistent excellence in providing top-notch business education has secured its position among the best schools in the country.
Stern’s MBA Class of 2025 has demonstrated impressive academic qualifications, comparable to those of renowned institutions. With an average undergraduate GPA of 3.61 and an average GMAT score of 732, the students have showcased their dedication and commitment to pursuing a comprehensive business education. In fact, their average GMAT score even surpasses that of the highly-regarded Booth School of Business at the University of Chicago, which reported an average GMAT score of 728 and an average GPA of 3.60 for its Class of 2025.
Although there has been a decline in the number of MBA applications, Stern has managed to maintain a stable class size. The school enrolled 327 students for the Class of 2025, slightly higher than the previous year. This indicates the continued popularity and demand for Stern’s renowned MBA program.
In terms of diversity, the Class of 2025 at Stern boasts a diverse student body with students hailing from various backgrounds. The majority of Stern MBAs have previously worked in financial services, followed by consulting and technology. Additionally, the class exhibits a rich blend of nationalities, with 48% of students being international, representing 46 different countries. Moreover, 17% of students identify as underrepresented minorities, 13% have a military background, and 13% identify as LGBT+.
The decline in MBA applications is attributed to the lingering effects of the ongoing pandemic and a stable economy that encouraged prospective students to remain in the workforce. However, despite these challenges, Stern has managed to maintain its reputation and competitiveness in the business education landscape.
The admission rate for the Class of 2025 at Stern was 31%, slightly lower than the previous year’s rate of 27%. This lower admission rate demonstrates the caliber and competitiveness of the program, as it continues to attract top-tier applicants who strive for excellence in their MBA education.
It is important to note that Stern’s one-year MBA programs in Fashion and Luxury, and its Andre Koo Tech MBA, are not included in the class profiles. Nevertheless, these programs are also highly regarded and provide unique opportunities for students interested in specializing in these industries.
Overall, NYU Stern School of Business has once again secured its place among the top MBA programs in the United States. Its outstanding academic quality, diverse student body, and ability to adapt to challenging circumstances make it a sought-after institution for aspiring business leaders.