About The School
“The majority of people who go to GSB do extraordinary things in ordinary jobs.”
Stanford’s MBA Program is the most selective in the world. It has maintained the highest ratio of applicants to available seats of any business school in the U.S. for the last decade. It has also had the lowest acceptance rates of any major business school in the world. Accepting only 6% of those who apply for admission, yield is 88%.
The Stanford MBA class size is less than half the size of Harvard, and lends itself to an intimate and close-knit community environment and pretty much guarantees that almost every student knows each other. And with Silicon Valley in its back yard, a growing number of tech and engineering applicants are choosing the GSB over their East coast rival. The dean estimates that Stanford is the preferred choice for 3 out of every 4 applicants admitted to both Harvard and the GSB. With the highest total compensation five years after school – estimated by Forbes at an average of $255,000 – and the pick of the hiring options from Google, McKinsey and a thriving Silicon Valley, the school and it’s graduates are clearly in the right place at the right time.
Strengths And Specializations
As you might expect from one of the world’s top business schools, Stanford’s MBA program is known for its strengths across many areas, in particular entrepreneurship, innovation, general management and social enterprise.
Incoming Class
Number of Applicants: 7,797
MBA Class Size: 419
Tuition: $141,180
Post-MBA Careers
Sector: Technology 33%; Financial Services 31%; Entrepreneurs 16%; Consulting 18%
Avg Base Salary: $144,455
Salary Increase: 124%
Employment in 3 months: 92%
| MBA Rankings | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 |
|---|---|---|---|---|---|---|---|
| BusinessWeek | 4 | – | 4 | 7 | 2 | 5 | 1 |
| Financial Times | 1 | 2 | 2 | 4 | 2 | 4 | 1 |
| Forbes | – | 1 | – | 1 | 2 | – | |
| The Economist | 8 | 9 | 9 | 13 | 5 | 5 | 5 |
| US News | 1 | 1 | 1 | 1 | 2 | 4 | -4 |
Admissions
Avg. Work Exp.: 4 yrs
Avg. GMAT: 732
Int’l Students: 42%
Female Students: 41%
Deadlines for 2018-2019: R1: Sep 15, 2020, R2: Jan 06, 2021, R3: Apr 06, 2021
Sources: Stanford GSB, BusinessWeek, Financial Times, US News, MBA50
Essays
1. What matters most to you, and why? (approx. 650 words)
2. Why Stanford? Enlighten us on how earning your MBA at Stanford will enable you to realize your ambitions. (approx. 400 words)
3. (Optional) Think about times you’ve created a positive impact, whether in professional, extracurricular, academic, or other settings. What was your impact? What made it significant to you or to others? You are welcome to share up to three examples.” (1,200 characters, or about 200 words for each example.)
4. (Optional – NEW) “Tell us about a time within the last three years when your background influenced your participation at work or school.” (180 words)
Check out our article on Stanford GSB Essays: Tips & Strategy on Writing What Matters Most
Request a copy of our team’s Insider Tips Report for applying to Stanford GSB.
You can also request a Fortuna Deep Dive Analysis of the Stanford GSB Class of 2020, the most detailed analysis of a business school class ever published.