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 2024. Recently LinkedIn has also ranked the university #1 among top business schools of 2024 globally. Along with the Stanford MBA program, the institution offers 2 degree courses- Stanford MSX and PhD. The business school is quite stringent with its student enrollments. With an acceptance rate of 6.96% (2023), Stanford Graduate School of Business admissions reflects a highly competitive admission process.
Pursuing a course at Stanford Graduate School of Business is quite expensive. The cost of study at Stanford GSB tuition fee is around 79,860 USD (66.28 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 182,500 USD (1.51 crores INR) per annum. Students also secure a signing bonus of 30,000 USD (24.89 lakhs INR) .
Check out the Student Review of Stanford GSB MBA Program, here:
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Stanford GSB Rankings
Stanford Graduate School of Business is ranked at #6 in Best Business Schools according to the U.S. News and World Report, 2023-24. Following are some of the top rankings of the b-school according to various conventional ranking agencies:
| Ranking Agency | Rankings Type | Rankings |
|---|---|---|
| Top MBA 2024 | #1 | |
| QS | Global MBA Rankings 2024 | #1 |
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U.S. News and World Report |
Business School Rankings 2023-24 | #6 |
| Management Specialization 2023-24 | #2 | |
| Entrepreneurship Specialization 2023-24 | #2 | |
| Financial Times | Global MBA 2023 | #4 |
| Bloomberg | Best Business School in USA 2023-24 | #4 |
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:
Stanford GSB Acceptance Rate
Stanford Graduate School of Business exhibits a stringent acceptance rate of 6.95% (2023). Currently, 36% of the students pursuing MBA in Stanford GSB belong to international origin. The enrollment information of the class of 2023-24 is provided below:
| Program | Enrollment in 2023-24 | International Students in 2023-24 |
|---|---|---|
| MBA | 431 | 36% |
| MSX | 72 | 62% |
| PhD | 22 | 76% |
Stanford MBA Class Profile
Stanford MBA class of 2025 included students from 55 countries, representing 53 spoken languages. The average GPA of enrolled students is 3.77, with majority of them belonging to engineering background:
Stanford GSB Admissions
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 standardized 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 |
Stanford GSB PG Admission Requirements
| Category | PG Admission Requirements |
|---|---|
| Academic Requirements | Four years bachelor degree or its U.S. equivalent | Academic transcripts |
| GPA | 3.77 (93%) |
| Standardozed Test Score | GMAT- 738 | GRE- 165 in both verbal and quantitative |
| SOP/LOR | Statement of purpose | 2 letters of recommendation | Personal essay |
| English Proficiency Test Score | TOEFL iBT- 100 | IELTS- 7.0 | PTE- 68 (Average TOEFL: 113) |
| Additional Requirements |
Resume or CV | List of extracurricular activities and awards |
| Professional Experience | Work experience, and other personal information |
Stanford GSB Cost
An estimated cost of attendance for a first-year MBA student at Stanford is tabulated below:
| Expenses | Cost/Year (USD) | Cost/Year (INR) |
|---|---|---|
| Tuition | 79,860 | 66.28 lakhs |
| Books and supplies | 720 | 59,759 |
| Housing | 20,271 | 16.82 lakhs |
| Living costs | 18,453 | 15.31 lakhs |
| Medical Insurance | 7,128 | 5.91 lakhs |
| Health fee | 753 | 62.498 |
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 Student Life
- The Stanford Graduate School of Business is home to students from 50 countries worldwide.
- There are 60 student clubs and organizations at Stanford GSB that students may take part in.
- The school also provides various other services for students including sport complex, fitness and state of the at facilities
- International students are also assisted with visa and immigration within the campus.
- Stanford GSB offers a range of residential services within the campus with an array of facilities and options.
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
Stanford GSB Notable Alumni
| Alumni | Designation |
|---|---|
| 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, 89% of graduates received job offers and 82% accepted the offers within three months post-graduation. Apart from that, 25% of the MBA students also managed to successfully launch their own ventures. Given below are a few stats about Stanford GSB entrepreneurship achievements:
62% of the Stanford GSB MBA batch of 2023 secured employment by the time of graduation. Graduates recorded a median base salary of 182,500 USD (1.51 crores INR) per annum with a median signing bonus of 30,000 USD (24.89 lakhs INR) per annum. Following are the employment details of Stanford GSB MBA graduates according to industry:
| Industry | Median Base Salary (USD) | Median Base Salary (INR) |
|---|---|---|
| Finance | 200,000 | 1.65 crores |
| Consulting | 192,000 | 1.59 crores |
| Technology | 177,500 | 1.47 crores |
| Energy | 177,500 | 1.47 crores |
| Consumer Products | 175,000 | 1.45 crores |
| Healthcare | 170,000 | 1.41 crores |
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 182,500 USD (1.51 crores INR) 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 3.77 (93%) on a 4.0 (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. 62% students of Stanford Graduate School of Business secure employment by the time of graduation. 89% students of the class of 2023 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 182,500 USD (1.51 crores INR) per annum. Graduates also secure a signing bonus of 30,000 USD (24.89 lakhs INR) 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
| Program | Important Dates | Fees | Exams Score |
|---|---|---|---|
M.B.A 2 years | Application Deadline For 2025 Intake 2 (8th Jan 2025) Application Deadline For 2025 Intake 3 (8th Apr 2025) | INR 69.2 L/Yr USD 82,455 /Yr |
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M.S Computer Science 2 years | Application Deadline For Autumn 2025 Intake (3rd Dec 2024) | INR 51.3 L/Yr USD 61,095 /Yr |
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M.S Statistics - Data Science 15 months | Application Deadline For Autumn 2025 Intake (15th Jan 2025) | INR 51.3 L/Yr USD 61,095 /Yr |
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B.S Computer Science 4 years | Restrictive Early Action Deadline For 2025 Intake (1st Nov 2024) Regular Decision Deadline For 2025 Intake (5th Jan 2025) | INR 54.7 L/Yr USD 65,127 /Yr |
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B.A Psychology 4 years | Restrictive Early Action Deadline For 2025 Intake (1st Nov 2024) Regular Decision Deadline For 2025 Intake (5th Jan 2025) | INR 54.7 L/Yr USD 65,127 /Yr |
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Restrictive Early Action Deadline For 2025 Intake (1st Nov 2024) Regular Decision Deadline For 2025 Intake (5th Jan 2025) | INR 54.7 L/Yr USD 65,127 /Yr |
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Stanford Graduate School of Business comparison
| University Name | Stanford Graduate School of Business | Tepper School of Business | Scheller College of Business | London Business School | Haas School of Business | MIT Sloan School of Management | Harvard Business School |
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| Collegedunia Score | - Out of 10 | - Out of 10 | - Out of 10 | 4.2 Out of 10 | - Out of 10 | - Out of 10 | - Out of 10 |
| CollegeDunia Reviews | - | - | - | 6.9/10 Read 2 reviews | - | - | - |
| - | Read Full Comparison | Read Full Comparison | Read Full Comparison | Read Full Comparison | Read Full Comparison | Read Full Comparison |
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Stanford Graduate School of Business Scholarships
| Name | Scholarship Per Student | Level of Study | Type | |
|---|---|---|---|---|
| Stanford Reliance Dhirubhai Fellowship Program | Scholarship per student₹ 1.3 Cr/Yr$150,000 | Level Of StudyBachelor | TypeCollege-Specific | |
| Ritchie-Jennings Memorial Scholarship Program | Scholarship per student₹ 8.4 L/Yr$10,000 | Level Of StudyBachelor | TypeMerit-Based | |
| Susan R. Meisinger Fellowship For Graduate Study in HR | Scholarship per student₹ 16.8 L/Yr$20,000 | Level Of StudyMaster | TypeMerit-Based | |
| WU Foundation Global 52 Scholarship | Scholarship per student₹ 2.1 L/Yr$2,500 | Level Of StudyBachelor | TypeMerit-Based | |
| Hani Zeini Scholarship | Scholarship per student₹ 83,940/Yr$1,000 | Level Of StudyBachelor | TypeMerit-Based | |
| The University of Chicago scholarships | Scholarship per studentVariable Amount | Level Of StudyBachelor | TypeMerit-Based |
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Stanford Graduate School of Business Admissions
Application Portal: https://www.gsb.stanford.edu/programs/mba/admission
Round 1 Deadlines
Important Date: September15 (Application deadline)Round 2 Deadlines
Important Date: January6 (Application deadline)Round 3 Deadlines
Important Date: April6 (Application deadline)
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
Stanford Graduate School of Business Accreditations
Stanford Graduate School of Business Campus Location
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