About The School
“The majority of people who go to GSB do extraordinary things in ordinary jobs.”
The Stanford 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. The Stanford Graduate School of Business has also had the lowest acceptance rates of any major business school in the world. Accepting only 6% of those who submit the Stanford GSB application for admission, yield is 93%.
The Stanford MBA class size is less than half the size of Harvard Business School, and lends itself to an intimate and close-knit community environment that pretty much guarantees almost every student knows each other. The Stanford MBA class profile is extremely diverse and changes from year-to-year. 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 a Stanford MBA is the preferred choice for 3 out of every 4 applicants admitted to both HBS and the GSB. With the highest total compensation for alumni 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 its 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 graduate 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: 7,367
MBA Class Size: 426
Tuition: $153,900
Post-MBA Careers
Sector: Financial Services 33%;Technology 29%; Starting Own Business 17%; Healthcare 5%
Avg Base Salary: $161,831
Salary Increase: 114%
Employment in 3 months: 96%
Stanford GSB Rankings
Admissions
Avg. Work Exp.: 4.8 yrs
Avg. GMAT: 738
Int’l Students: 47%
Female Students: 44%
Deadlines for 2021-2022: R1: Sep 13, 2022, R2: Jan 05, 2023, R3: Apr 11, 2023
Sources: Stanford GSB, BusinessWeek, Financial Times, US News, MBA50
Essays
A. What matters most to you, and why? (approx. 650 words)
B. Why Stanford? Enlighten us on how earning your MBA at Stanford will enable you to realize your ambitions. (approx. 400 words)
Short Answer Questions:
Optional Question A: 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? (200 w)
Optional Question B: Tell us about a time within the last three years when your background influenced your participation in a situation, interaction, or project. (200 w)
Fortuna Tips & Advice
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 graduate class ever published.