The basic eligibility for MBA in Stanford University is that Applicants are only accepted if they have completed three years of undergraduate education in the US (or an equivalent degree), no matter what their GPA score is. Also, the average cumulative high school GPA of students admitted to Stanford University is 3.96 on a 4.0 scale.
Stanford Graduate School of Business is one of the top business schools in the world. Credited as a leading group of educators, these schools are considered to be an elite group of leaders who keep abreast with all things in the business realm – such that they can continue to bring their students’ up-to-date information when it comes to companies that are growing and setting themselves apart from their competitors paving new ways for studying and observing businesses so as to prepare their graduates for a future where they may come across any number of industries and companies.
As one of the top three business schools in the US, Stanford GSB boasts a high level of faculty quality and an acceptance rate that is roughly equal to Harvard, but with one notable exception – their private equity classes are larger and their alumni rely less on venture capital funding. With such high demand and very limited space, even if you’re a brilliant applicant, you might not necessarily secure your place here and would be well advised to apply to other schools with less restrictive rates.
Stanford MBA Program
Stanford is celebrating the start of the new year with an even higher number of eager business students! After an initial 5.7% acceptance rate in 2018, Stanford decided to let in 6.1% of applicants this past admission season. That’s a huge jump from 2017 when only 6% were admitted! It’s no wonder that Stanford offers the ‘most selective MBA degree’ on the planet with competition like this!
However, the admissions committee is always ready to help any student with their application and even have students that don’t meet all of the requirements or test scores necessary but still have a strong profile. To be accepted into the program, you must shoot a few hoops yourself – this includes applying, paying an application fee of $250 along providing your official transcripts and test scores.
Stanford MBA Requirements
The Stanford MBA program is one of the few around the world whose rigorousness is recognized and accredited by the Association of MBAs, a prestigious accreditation agency. Applicants are only accepted if they have completed three years of undergraduate education in the US (or an equivalent degree), no matter what their GPA score is. An extensive list of all your scores has to be accredited by Stanford as well. It will be an added advantage if you have a strong technical background in engineering, physics, or a comparable science program, and you meet the degree requirements. Furthermore, the average cumulative high school GPA of students admitted to Stanford University is 3.96 on a 4.0 scale.
GMAT & GRE
Besides the usual admission requirements like making sure that your math and verbal standardized test average is within an acceptable range, Stanford University also entrusts you to ensure that you apply to them by their application deadlines. The school additionally incepts a process known as “Reserves” when they release their report of admitted candidates. This policy refers to students who are given the opportunity to increase their chance of getting into the university while maintaining a lower score on their admissions tests.
To be considered for admission to the Stanford MBA program, students need to take the Graduate Management Admission Test (GMAT) and report their scores; this does not include scores from the Graduate Record Examinations (GRE).
TOEFL, IELTS & PTE
Applicants applying to the Stanford MBA program may be required to take English proficiency exams prior to deciding on their business school curriculum. Students who obtained an undergraduate degree from a university outside of the United States might need to take one of the standardized tests; IELTS, PTE, and TOEFL. If you’ve written the test before, then you will need to submit the score with your application to the Stanford MBA program.
Letters Of Reference
To be admitted into the business school, you need two letters of reference from your prospective employers. One letter of recommendation must come from an immediate superior and the other one should come from someone who at some point worked closely with you. If you’re self-employed, you can write a personal reference letter and a business client or an employer can do it on your behalf and vouch for you.
Available Specializations For MBA At Stanford University
The M.B.A program at Stanford University is a two-year degree and it is regarded as one of the best in the country. The students are accepted into this distinguished program by having their application considered by a 5-person committee that chooses about 110 new students for the program every year. There are relatively few requirements for acceptance, including an undergraduate GPA of 3.5 or higher, recommendation letters from employers, and successful completion of the school’s Graduate Management Admission Test (GMAT) with a score higher than 600 even if you hold a Bachelor’s degree from an accredited college or university. The specializations available for MBA at Stanford University are:
3. Brand Management
5. IT Management
6. Information Management
7. Innovation / Knowledge Management
8. International Management / Business
9. E-Commerce / Business
13. Accountancy & Financial
14. General Management
15. Health Care Management
The average salary of MBA graduates ranges from 77,800 USD to 120,900 USD per year. Coursework is broken into two or three semesters. Students explore general business courses and then focus in on their chosen business concentration such as Finance, Marketing or Human Resources for example. Students will also develop key skills in teamwork and leadership. Assignments are often group projects or include a combination of group work and individual assignments.
Asian/African Student Eligibility
To be eligible, applicants must have completed an undergraduate degree at a recognized Asian/African institution in the desired field of study with first class. Due to the necessary rigor for graduate-level study at Stanford, the requisite bachelor’s degree may not be in any area other than that specified for undergraduate admission.
Applicants must possess a master’s degree from an accredited African/Asian university or equivalent foreign institution; exceptions will be considered on a case-by-case basis. Besides, all international students pursuing admission to this program must have a minimum overall IELTS/TOEFL score of 7.0 and no band below 6.5 in Reading, Writing, and Speaking respectively.
FAQs – Stanford MBA Eligibility
How Can I Get Admission To Stanford University For MBA?
Getting a great GMAT score is of the utmost importance when applying to Stanford’s Full-time MBA program. The school boasts an impressive average GMAT of 732 for its latest class admitted, which means if you want to get in, you’ll need to get at least a 720. Imagine how proud your parents will be (they were worried it was too much of a stretch anyway). To give you some context on the rest of the application process, our newest admitted students had GPAs of 3.72 on average.
Can a/an Indian/African Study In Stanford University?
Yes! But you’ll need at least two recommendations or letters of recommendation, though three is ideal depending on the type of degree you are pursuing, so it’s important that you personally select your recommenders carefully! Letter of Recommendations or LOR’s is a crucial part of the admissions process when applying to an undergraduate university like Stanford as it allows officers in charge to get a concise view of all aspects related to your personal academic performance and academic potential especially if you’re an international student.
Is Stanford MBA Tough?
When you consider that over 12,651 people applied to GSB this year and the class size at GSB is only 436, you can see how difficult it is to get in. Compared to Harvard Business School (HBS), both schools have a similar but slightly higher acceptance rate of 4.7% for the class of 2022.
What Is Special About Stanford MBA?
Stanford GSB has a reputation for attracting the attention of recruiters from Fortune 500 companies such as Google, Deloitte, and Apple, so whenever they perform well in this survey it helps to boost their cachet with business partners too. Part of what makes Stanford GSB’s MBA so appealing to students is its proximity to many vibrant institutions in the greater San Francisco Bay Area including Stanford University and Silicon Valley, where organizations like Google and Facebook are always at the forefront of new technology.
It is important to have a solid academic background in order to be admitted into an MBA program. Applicants must have completed three years of undergraduate education and have exceptional test scores for the program. Also, applicants are required to have taken mathematics, business, and marketing classes before applying. Ideally, Stanford University looks for students who achieved excellent grades during the last three years of their undergraduate program.
Last Updated on August 5, 2022 by Ana S. Sutterfield
Magalie D. is a Diploma holder in Public Administration & Management from McGill University of Canada. She shares management tips here in MGTBlog when she has nothing to do and gets some free time after working in a multinational company at Toronto.