Stanford Graduate School of Business Rankings, Programs, Admissions 2023, Fees, Placements

Stanford Graduate School of Business Rankings, Programs, Admissions 2023, Fees, Placements

Stanford, CaliforniaLocation
SchoolSchool type
Estd1925established year
828enrollment
Private

Stanford Graduate School of Business is a leading business and management institute in the world. The business school is ranked #1 in the world for its MBA program, according to QS Global MBA Rankings 2022. Along with Stanford MBA program, the institution offers 2 degree courses- Stanford MSX and PhD. Currently, Stanford GSB is home to 33% international students and 10% dual citizen. 

The business school is quite stringent with its student enrollments. With an acceptance rate of 5.7% (2021), Stanford business school admissions reflects a highly competitive admission process. The application evaluation at Stanford GSB includes a comprehensive analysis of applicant profile. From academic score to student perspective, every aspect is evaluated. Applicants securing admission to the Stanford MBA have an average GPA of 3.78 (92-93%), an average GMAT score of 738 and work experience of 4.8 years. Check: Stanford GSB Class Profile

Pursuing at a course at Stanford Graduate School of Business is quite expensive. The Stanford GSB tuition fees is around 67 lakhs INR. Though Stanford GSB doesn’t offer merit-based funding, it extends need-based fellowship of more than 40,000 USD per year. Stanford GSB graduates are offered lucrative salary packages, with an average annual starting salary of 161,831 USD per annum. Students also secure a signing bonus of 29,148 USD. A total of 91% MBA graduate students received job offers within 3 months of graduation.Check: Stanford MBA Placement Report

Stanford GSB Rankings

Stanford Graduate School of Business is ranked at #3 in Best Business Schools according to U.S. News and World Report, 2022. Following are some of the top rankings of the b-school according to various conventional ranking agencies:

  • #1 in QS Global MBA Ranking, 2022
  • #2 in Management by U.S. News and World Report, 2022
  • #2 in Entrepreneurship by U.S. News and World Report, 2022
  • #3 in Marketing by U.S. News and World Report, 2022
  • #6 in Finance by U.S. News and World Report, 2022

Stanford GSB Programs 

Three main degree programs are offered by Stanford GSB includes, MBA, Stanford MSx Program, and PhD. Program. The Stanford MSx Program is a full-time, one-year accelerated master’s program in business for mid-career experienced professionals at GSB.

The doctoral programs offered at Stanford GSB include but are not limited to: PhD in Accounting, PhD in Economic Analysis & Policy, PhD in Finance, PhD in Marketing. The school also offers unique courses such as the Executive program in strategy and organization, Stanford Lead Online Business Program, Design Thinking Bootcamp, etc. Other key features for Stanford GSB programs are:

  • Students of Stanford MBA need to fulfill one global experience requirement as part of their program. This offers them an opportunity to spend 4 weeks (during summer) working on a project for an organization.
  • Students can also take part in an academic exchange program as part of Global Experience. The exchange program will take place between Stanford GSB and the Tsinghua University School of Economics and Management.
  • Stanford MBA students also have the opportunity to pursue degrees with other business schools at other universities. Some of these schools are Yale Law School, Harvard Kennedy School, Princeton School of Public and International affairs.

Stanford GSB Acceptance Rate

Stanford Graduate School of Business exhibits a stringent acceptance rate of 5.7% (2021). Currently, 35% of the students pursuing MBA in Stanford GSB belong to international origin. The enrollment information of the class of 2022 is provided below:

Program Enrollment in 2022 International Students in 2022
MBA 436 152
MSX 57 38
PhD 29 17

Stanford MBA Class Profile

Stanford MBA class of 2023 included students from 63 countries, representing 66 spoken languages. The average GPA of enrolled students is 3.78, with majority of them belonging to engineering background:

The average work experience for MBA enrolled students is 4.8 years. Looking for a complete MBA Class Profile of Standford, click here.

Stanford GSB Application Process

The requirements for various programs at the institute varies according to the type of program one is opting for. Applicants can check the Stanford GSB MBA class profile to gain an idea of the required standardised test scores, GPA of 3.78 (92-93%) and English proficiency scores.

Application portal and fees:

Program Application Portal Application Fee in USD
MBA GSB online MBA application webpage 275
MSx GSB online MSx application webpage 275
PhD GSB online PhD application webpage 125

Admission Requirements:

  • Four years bachelor degree or its U.S. equivalent
  • Academic transcripts
  • GPA of 3.78 (92-93%)
  • GMAT & GRE score
    • Average GMAT: 738
    • Average GRE: 165 in both verbal and quantitative
  • SOP
  • 2 LOR
  • List of extracurricular activities and awards
  • Work experience, and other personal information.
  • Personal essay
  • Resume or CV
  • English proficiency test score (Average TOEFL: 113)

Also check: Sample SOP for MBA in USA

Stanford GSB Cost

An estimated cost of attendance for a first-year MBA student at Stanford is tabulated below:

Expenses Cost of Single Students Cost of Married Students
Tuition 59.7 lakhs INR 59.7 lakhs INR
Books and supplies 1.36 lakhs INR 1.36 lakhs INR
Materials and program fees 0.69 lakhs INR 0.69 lakhs INR
Transportation 0.85 lakhs INR 1.87 lakhs INR
Living costs 28.09 lakhs INR 47.83 lakhs INR
Medical Insurance 5.25 lakhs INR 5.25 lakhs INR
Health fee 0.56 lakhs INR 0.56 lakhs INR

Note: Students may also need the Global Experience Requirement (GER) expenses of 3000-4000 USD.

Stanford GSB Campus

Stanford Graduate School of Business is cited within the Knight Management Center, which is located within the greater Stanford campus.

  • There are 10 main buildings inside the Knight Management Center that serve the school’s structural purposes.
  • The institute incorporates the LEED Platinum-certified complex which offers classrooms, cafes, meeting places, student services, the Stanford Venture Studio for aspiring entrepreneurs, managers, and much more.
  • Stanford Graduate School of Business campus also provides more than 50 student clubs and organizations for its students to be part of and participate in.

Stanford GSB Accommodations

Stanford GSB offers 5 on-campus residential facilities, 2 off-campus housing and living community rooms. The features of the accommodation facilities include a queen bed or single bed, desk and chair, dresser, mirror, nightstand, and bookcase. Living room features include; a coffee table, sofa, two chairs, and two to four dining chairs.

  • House types range from a single room to 1-, 2- 3-, and 4- bedroom flats, condos, suites, and apartments.
  • Houses are available for single and married students. Adequate housing provisions are made for LGBTQ students at the institute
  • Students with disabilities can apply for special housing at the school.
  • The approximate monthly rate for single student residence facilities at Stanford GSB is around 2,000 USD (~1.49 lakhs INR).

One can also consider private off-campus student housing options.

Following are some of the on-campus housing options for Stanford GSB students and their cost range:

Residence Type Cost in INR
Escondido Village (Single, couple and students with children) 1 to 2.45 lakhs
Munger Graduate Residence (Single and couple without children) 1.61 to 2.66 lakhs
Lyman Graduate Residences (Single) 1.15 lakhs
Liliore Green Rains Housing (Single) 1.14 to 1.15 lakhs
Subsidized Off Campus Apartment 1.15 lakhs

Note: Students can also live in Stanford GSB Residences and various community housing.

Stanford GSB Scholarships

Stanford Graduate School of Business offers financial aid to both domestic and international students through a combination of scholarships, loans, and fellowships. However, fellowships are offered only to students with demonstrated financial need. Types of scholarships for international students in USA available at the school are as follows:

Scholarship Name Amount Awarded in USD
Stanford GSB Need-based Fellowships 42,000 per year,
84,000 in total
Stanford GSB BOLD Fellows Fund 15,000 per year,
30,000 per fellow
Stanford Knight Hennessy Scholars Program Variable funding for up to 3 years
Stanford Impact Founder Fellowships and Prizes (Formerly Social Innovation Fellowship) 110,000
Social Management Immersion Fellowship (Summer stipend) Variable
Entrepreneurial Summer Program Variable

Apart from the ones mentioned here, prospective candidates can also look for other external scholarships for international students in USA. Students can otherwise avail private loans from their home country to secure a good interest rate.

Stanford GSB Alumni Network

Alumni benefits include Special discounted access to Stanford pools and gyms. 15% discount on open-enrollment programs excluding the Stanford Executive Program. Unique alumni access to the private Stanford Golf Course. They are also offered access to 15% discount per class on Stanford Continuing Studies courses

Notable alumni of Stanford GSB Include:

  • Jane Chen: Co-Founder of Embrace
  • Peter Fenton: General Partner, Benchmark
  • Koo Kwang-Mo: Chairman and C.E.O of LG

Stanford GSB Placements 

As per the Stanford MBA Employment Report, 91% of graduates received job offers and 85% accepted the offers within three months post-graduation. Apart from that, 18% of the MBA students also managed to successfully launch their own ventures. Given below are a few stats about Stanford GSB entrepreneurship achievements:

72% of the Stanford GSB MBA batch of 2021 secured employment by the time of graduation. Around 91% of students accepted jobs by 3 months after graduation. The salary of these students range between 58,000 up to 300,000 USD per annum. Graduates recorded an average salary of 161,831 USD per annum with a signing bonus of 29,148 USD per annum. Following are the employment details of Stanford GSB MBA graduates according to industry:

Industry Median Base Salary in USD Median Expected Bonus in USD Median Signing Bonus in USD
Consulting 165,000 33,000 30,000
Finance 175,000 100,000 28,865
Healthcare 150,000 26,000 17,500
Media/Entertainment 140,000 - -
Technology 150,000 19,600 25,000

Explore: MBA jobs in USA

At Stanford Graduate School of Business, students learn from a faculty, who are recognised experts in the global business community. Apart from that, small class sizes at Stanford facilitate one to one learning, small group collaboration and peer interaction. With a hard-earned global reputation, Stanford Graduate School of Business offers unparalleled learning as well as career development opportunities to students. This enables graduates to make a positive difference in the world by opting for a career of their choice.

FAQs

Ques. Is Stanford GSB worth studying?

Ans. Stanford GSB is one of the top 3 b-schools in the world according to various ranking agencies. After graduation, students get employment opportunities with an average salary of 161,831 USD per year. The university carries a history of several ventures by graduates booming rapidly across the international market.

Ques. What is the GPA required for Stanford GSB admission?

Ans. Students need a GPA of 3.78 on a 4.0 (92-93%) scale for admission to Stanford GSB.

Ques. Does Stanford GSB offer placement opportunities?

Ans. Yes, Stanford GSB offers various placement opportunities to its students. 72% students of Stanford Graduate School of Business secure employment by the time of graduation. 91% students of the class of 2021 got employed 3 months after graduation.

Ques. Are Stanford GSB MBA and MSX STEM programs?

Ans. Stanford GSB MBA and MSX are crowned with the STEM designation.

Ques. What is the average salary of Stanford MBA graduate?

Ans. The average salary of Stanford GSB graduates is 161,831 USD per annum. Graduates also secure a signing bonus of 29,148 USD per annum.

Ques. What are the average GMAT and GRE scores at Stanford Graduate School of Business?

Ans. The average GMAT score of Stanford GSB students is 738. The average GRE score in both verbal and quantitative is 165.

Stanford Graduate School of Business Program Fees & Deadlines

ProgramImportant DatesFeesExams ScoreAction
winter (14th Aug 2018)
USD 76,950/Yr
USD 76,950 /Yr
  • PTE: 68
  • TOEFL: 100
  • IELTS: 7
  • GMAT: 730
Application Deadline For Autumn Intake (6th Dec 2023)
USD 77,148/Yr
USD 77,148 /Yr
  • IELTS: 7.0
  • TOEFL: 100
  • PTE: 68
  • GRE updated: 328
Application Deadline For Autumn Intake (1st Dec 2023)
USD 54,315/Yr
USD 54,315 /Yr
  • IELTS: 7.0
  • TOEFL: 100
  • PTE: 68
  • GRE updated: 328
Early Action Application And Documents Submission Deadline (1st Nov 2023)
Early Action Decision Deadline (15th Dec 2023)
Regular Decision Application And Documents Submission Deadline (5th Jan 2024)
Regular Action Decision Deadline (1st Apr 2024)
USD 88,320/Yr
USD 88,320 /Yr
  • IELTS: 6.5
  • TOEFL: 100
  • PTE: 68
  • Duolingo: 115
Early Action Application And Documents Submission Deadline (1st Nov 2023)
Early Action Decision Deadline (15th Dec 2023)
Regular Decision Application And Documents Submission Deadline (5th Jan 2024)
Regular Action Decision Deadline (1st Apr 2024)
USD 73,964/Yr
USD 73,964 /Yr
  • IELTS: 6.5
  • TOEFL: 100
  • PTE: 68
  • Duolingo: 115
Early Action Application And Documents Submission Deadline (1st Nov 2023)
Early Action Decision Deadline (15th Dec 2023)
Regular Decision Application And Documents Submission Deadline (5th Jan 2024)
Regular Action Decision Deadline (1st Apr 2024)
USD 70,476/Yr
USD 70,476 /Yr
  • IELTS: 6.5
  • TOEFL: 100
  • PTE: 68
  • Duolingo: 115

Do you think the Dates are wrong ?  Report Here

Master of Science [M.S] Zoology 

2 years
On Campus
English
Full Time
Exam Scores: PTE68|TOEFL100|IELTS7|GMAT730

Master of Science [M.S] Business

1 year
On Campus
English
Full Time
Exam Scores: PTE68|TOEFL100|IELTS7|GMAT730

Master of Business Administration [M.B.A] Finance

2 years
On Campus
English
Full Time
Exam Scores: PTE68|TOEFL100|IELTS7|GMAT730

Doctor of Philosophy [Ph.D] Marketing

5 years
On Campus
English
Full Time
Exam Scores: PTE68|TOEFL100|IELTS7|GMAT730

Doctor of Philosophy [Ph.D] Finance

5 years
On Campus
English
Full Time
Exam Scores: TOEFL100|GRE updated328|IELTS7.0|PTE68

Do you think the fees are wrong ?  Report Here

Stanford Graduate School of Business Scholarships


NameScholarship Per StudentLevel of StudyType
Stanford Reliance Dhirubhai Fellowship ProgramScholarship per student$150,000Level Of StudyBachelorTypeCollege-Specific
QS Leadership ScholarshipScholarship per student$10,000Level Of StudyMasterTypeMerit-Based
Chuan Ai Lu Engstrom Memorial ScholarshipScholarship per student$1,000Level Of StudyBachelorTypeMerit-Based
KC Mahindra ScholarshipScholarship per student$5,542Level Of StudyMasterTypeMerit-Based
ASID Foundation Legacy ScholarshipsScholarship per student$4,000Level Of StudyBachelorTypeMerit-Based
Joint Japan/World Bank Graduate Scholarship ProgramScholarship per studentVariable AmountLevel Of StudyMasterTypeMerit-Based

Do you think the Scholarship is wrong ?  Report Here

Stanford Graduate School of Business Admissions

  • Round 1 Deadlines

    Important Date: September15 (Application deadline)
  • Round 2 Deadlines

    Important Date: January6 (Application deadline)
  • Round 3 Deadlines

    Important Date: April6 (Application deadline)

Stanford Graduate School of Business Exam Scores

ExamsAvg. ScoreMin ScoreMax. Score%Submitted'
Language Proficiency
TOEFL-100--
IELTS-7--
PTE-68--

Attendance Cost

$72,420

attendance cost

The table shows average yearly cost of attendance for international students. Amount may vary with the course opted, nature of accommodation, and personal spending habits of a candidate.Check Program wise Fees

Tuition fees
Undergraduate Programs
$73,964 / Year
Post Graduate Program
$72,420 / Year
On Campus
Transportation (Maried Student)
$2,250 / Year
Transportation (Single Student)
$1,050 / Year
Living allowance (Married Student)
$55,929 / Year
Living allowance (Single Student)
$33,693 / Year

Stanford Graduate School of Business Campus Location


+1-650-723-2146
Toll Free
655 Knight Way, Stanford, CA 94305
Address

Nearby This Campus

  • Airport

Airport

Palo Alto Airport of Santa Clara County5.47 km
Moffett Federal Airfield10.12 km
San Carlos Airport12.08 km
Norman Y. Mineta San Jose International Airport21.80 km
Show More

● All distance are measured radially. Actual distance may vary

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