Stanford Graduate School of Business is a leading business school in the US that produces one of the tops paid MBA graduates. To get into this top-ranked MBA program, you need to know the Stanford MBA acceptance rate.
As one of the US’s great institutions of higher learning, Stanford Graduate School of Business (GSB) focuses on entrepreneurship, private equity, venture capital, and social impact. It is among the brand names in the US that MBA recruiters have their eyes on. In 2020, the basic salary of an average Stanford MBA grad was $156,000 in base salary, with an additional $35,000 performance bonus and $26,500 signing bonus. Quite a huge pay if you sum it all up.
Stanford’s outstanding academics, entrepreneurial student body, and a great return on investment make the school quite prestigious. With its exceptional MBA reputation, largest campuses in the US, and positive atmosphere, Stanford MBA is one of the most prestigious universities in the world.
There’s a lot more to know about this leading business school. Keep reading to know about Stanford Graduate School of Business, its history, rankings, campus, academics, faculty and research, Stanford MBA acceptance rate, and how to get in easily.
READ ALSO: Stanford University Scholarship Opportunities 2022 for International Students
About Stanford Graduate School of Business
The Stanford Graduate School of Business (Stanford GSB) is the graduate business school of Stanford University located in Stanford, California. The school offers a general management Master of Business Administration (MBA) degree, a Ph.D. program, and an MSx Program (MS in Management for mid-career executives), as well as joint degrees in Medicine, Earth Sciences, Law Education, and Engineering with other schools. An online professional certificate program, LEAD Business Program, is also offered.
Stanford’s outstanding academics, entrepreneurial student body, and a great return on investment make the school quite prestigious. With its exceptional MBA reputation, largest campuses in the US, and positive atmosphere, Stanford MBA is one of the most prestigious universities in the world. Stanford MBA acceptance rate shows it is one of the most selective business schools in the world, admitting only 6% of applicants.
History
Stanford GSB was established in 1925 when trustee Herbert Hoover formed a committee consisting of George Rolph, Wallace Alexander, Paul Shoup, Milton Esberg, and Thomas Gregory to secure the required funds to establish the school. The first dean of Stanford GSB was Willard Hotchkiss.
The school library was formally inaugurated on April 3, 1933, with 1,000 volumes of books and reports. The school which was formally in Jordan Hall relocated to new quarters in the History Corner of the Main Quad in 1937. In September 2016, Jonathan Levin was appointed as the 10th dean of Stanford GSB.
ALSO READ: 15 Best Institutions To Study Business Administration and Management 2022
Campus
The Knight Management Center is located inside the greater Stanford campus. The ten buildings at the Knight Management Center are Zambrano Hall, the Gunn Building, Arbuckle Dining Pavilion, North Building, Bass Center, the Patterson Building, the MBA Class of 1968 Building, and the Faculty Buildings (comprising East and West buildings), and the McClelland Building.
Mexican architect Ricardo Legorreta designed the Schwab Residential Center. The facility is 158,000 square feet and has 280 guest rooms. Jack McDonald Hall, located nearby, had over 200 guest rooms and was opened in 2016 as an additional residence for MBA students.
There are three main art installations on the Stanford GSB campus. They include Monument to the Unknown Variables, Monument to Change as it Changes, and Ways to Change.
Stanford GSB has close links with the finance and technology firms, as well as venture capital, of Silicon Valley located close by.
Academics
Stanford GSB offers a traditional Master of Business Administration (MBA) program which is meant to be completed in two years, a one-year Master of Science (“MSx program”), and a doctoral (Ph.D.) program. The MBA program is a full-time graduate program. About 420 students enroll each year.
The MSx program is for mid-career managers (with a minimum professional work experience of 8 years). The Stanford MSx was formally called the Stanford Sloan Master’s Program because students who did the program were called Stanford Sloan Fellows. The Stanford MSx is among the three Sloan Fellows programs and has the same format as the others at the London Business School and the MIT Sloan School of Management. In 1931, Alfred P. Sloan, Chairman of General Motors from 1937 to 1956, envisioned the Sloan Fellowship in his alma mater of MIT and initially supported the program.
ALSO CHECK OUT: West MBA Foundation Study Grant 2022 for International Students
Stanford MBA Acceptance Rate
Academic partnerships
Stanford GSB collaborates with other business schools. It offers various joint ExecThe Top 15 Best Music Business Schools in the USutive Education programs with Harvard Business School. It also coordinates with the London Business School and the MIT Sloan School of Management to offer one of the three Sloan Fellows programs.
Stanford LEAD Professional Certificate
The Stanford LEAD Business Program is a one-year online business program offered by the Graduate School of Business with access to specialize personal leadership for students as well as curricular materials. The teaching components are 100% online even though Stanford hosts periodic meet-ups each year through the me2we program. The program’s 1,800 LEAD alumni can join the annual me2we conferences remotely.
Faculty and research
The school is a leading pioneer of global business research and teaching. There are four Nobel Memorial Prize winners in Economic Sciences on the faculty ( Myron Scholes 1997, William F. Sharpe 1990, Michael Spence 2001, Guido Imbens 2021), nineteen members of the American Academy of Arts and Sciences, five recipients of the John Bates Clark Award, and four members of the National Academy of Sciences.
William F. Sharpe’s research interests focus on equilibrium in capital markets, macro-investment analysis, and the provision of income in retirement. Myron Scholes’ research focused on the understanding of uncertainty and its effect on the value of options and asset prices, including flexibility options. Michael Spence’s research interests are in the study of development and economic growth, dynamic competition, and the economics of information.
SEE THIS: How to Become a College Professor | Salary, Career Prospects
Rankings
In recent rankings, U.S. News & World Report ranked Stanford GSB 1st, 1st by QS Top Universities, 1st by Bloomberg Businessweek, 2nd by Forbes, and Poets & Quants Stanford’s MBA Program was ranked 1st in the ranking aggregator in the US.
The Stanford Graduate School of Business is a very selective business school in the US. It has the highest ratio of “applicants to available seats ‘ compared to any business school in the U.S. It also has less than a 7% acceptance rate, the lowest of any business school. For the Class of 2022 which was admitted in 2020, 8% of applicants were offered admission, and the average GPA and GMAT score was 3.8 and 733 respectively; the highest of any business school in the world.
The business school consists of the Knight Management Center, Highland Hall, and the Schwab Residential Center.
Donations to School
In August 2006, the school received $105 million from Stanford alumnus Phil Knight, chairman, and co-founder of Nike Inc. The donation was announced as the largest gift ever to a business school. The gift was used for the construction of a $375 million campus, called the Knight Management Center.
In 2011, alumnus Robert King and his wife Dorothy made the biggest donation ever to the school – $150 million. It made history as the largest donation Stanford GSB has ever received and was used to establish the Institute for Innovation in Developing Economies. A part of the donation was also used as a matching incentive to encourage other donors to give to the institute.
The donations by King and Knight are the second and third largest philanthropic pledges to a business school.
Also in 2011, Marko Dimitrijevic, an economist, investor, and 1985 alumni of the Business School, established the Emerging Markets Innovation Fund, to support research, teaching, and other initiatives in the area of frontier and emerging markets.
Stanford MBA Acceptance Rate and How to Get in Easily
Admission Requirements
The important requirement you should consider to build a strong application that will get you into Stanford Graduate School of Business easily is:
- GPA requirements
- Testing requirements e.g SAT and ACT
- Application requirements
Keep reading to know the admission requirements based on the Stanford MBA acceptance rate.
The acceptance rate is the first criteria you must consider before applying to GSB. You will get to know how competitive Stanford is and the requirements you must meet.
ALSO READ: 10 Best software testing courses with online certifications 2022
The Stanford MBA Acceptance Rate
The acceptance rate is 7%. Out of 100 applicants, 7 are selected.
The school admission process is extremely competitive. You must meet and exceed the minimum GPA and SAT/ACT scores to stand a better chance of getting in.
The Stanford MBA GPA Requirements
GPA
Stanford’s MBA average GPA is 3.78. The school is extremely competitive for GPAs.
If you get a GPA of 3.78, you are expected to get more A’s in your high school transcripts. Hard AP or IB courses are also very important to boost your weighted GPA
SAT and ACT Requirements
Stanford MBA has requirements for standardizing tests. SAT or ACT scores are required.
Before you apply, you must take either the SAT or ACT and perform well in the tests to have a strong application.
DONT-MISS: What Is a Good SAT Score?
Stanford MBA SAT Requirements
The average SAT score composite is 1505 on the 1600 SAT scale; a very competitive SAT score.
The 25th percentile New SAT score is 1440, while the 75th percentile score is 1520.
Stanford MBA ACT Requirements
Stanford Graduate School of Business has no known ACT cutoff mark. But a low score slims down your chance of being admitted.
The average ACT score is 34. This score makes Stanford MBA quite competitive for ACT scores. The 25th percentile ACT score is 32, and the 75th percentile ACT score is 35.
If your ACT score is below 35, you won’t stand a chance of getting in. Therefore, you must prepare for the ACT and retake it if your ACT score is currently below 35. Based on the Stanford MBA acceptance rate, having a high score will boost your chances of getting in easily.
Continue retaking the ACT and aim for an ACT score of 35 and above. When you get the highest score that reaches or exceeds the minimum ACT score required, you can then send only that score to Stanford Graduate School of Business.
ACT Score Sending Policy
If you’re taking the ACT, you have to choose which ACT scores you can send to Stanford MBA. You can take up to 10 tests, and send only your highest one.
ALSO, CHECK OUT:
This gives you numerous chances to improve your ACT score.
SAT/ACT Writing Section Requirements
The Stanford Graduate School of Business requires an optional essay section for the SAT and ACT.
Taking the SAT Essay/ACT Writing section will make your application stronger.
SEE THIS: Top essay writing services used by successful students
SAT Subject Test Requirements
Double-check 6 months prior whether the Stanford Graduate School of Business requires SAT subject tests before submitting your application to the school just to be sure and have enough time to prepare for the test.
Because of how extremely competitive Stanford MBA is, having a strong academic performance increases your chance of getting admission. If you score a 1550 SAT or a 35 ACT or above, then you can be sure of admission.
Conclusion
Everything you need to know about the Stanford MBA acceptance rate and how to get in easily has been covered in this article. The Stanford Graduate School of Business (Stanford GSB) is the graduate business school of Stanford University offering a general management Master of Business Administration (MBA) degree, a Ph.D. program, an MSx Program (MS in Management for mid-career executives), and joint degrees in Medicine, Earth Sciences, Law Education, and Engineering with other schools.
The Knight Management Center is located inside the greater Stanford campus and consists of ten buildings which are: Zambrano Hall, the Gunn Building, Arbuckle Dining Pavilion, North Building, Bass Center, the Patterson Building, the MBA Class of 1968 Building, the Faculty Buildings (comprising East and West buildings), and the McClelland Building.
In recent rankings, U.S. News & World Report ranked Stanford GSB 1st, 1st by QS Top Universities, 1st by Bloomberg Businessweek, 2nd by Forbes, and Poets & Quants Stanford’s MBA Program was ranked 1st in the ranking aggregator in the US.
The Stanford Graduate School of Business is a very selective business school in the US. It has less than a 7% acceptance rate, the lowest of any business school. For the Class of 2022 which was admitted in 2020, 8% of applicants were offered admission, and the average GPA and GMAT score was o3.8 and 733 respectively. The highest of any business school in the world.
FAQs on Stanford MBA Acceptance Rate and How to Get in Easily
Stanford’s MBA average GPA is 3.78. The school is extremely competitive for GPAs.
If you get a GPA of 3.78, you are expected to more A’s in your high school transcripts. Hard AP or IB courses are also very important to boost your weighted GPA.
In 2020, more than 7,324 people applied to Stanford GSB but with a 5.9% acceptance rate and only a class size of 436 students needed, it is quite hard to get an MBA from Stanford.
Stanford Graduate School of Business is a leading business school in the US that produces one of the top paid MBA graduates and is among the brand names in the US that MBA recruiters have their eyes on. In 2020, the basic salary of an average Stanford MBA grad was $156,000 in base salary, with an additional $35,000 performance bonus and $26,500 signing bonus.
As one of the US’s great institutions of higher learning, Stanford Graduate School of Business (GSB) focuses on entrepreneurship, private equity, venture capital, and social impact. Stanford’s outstanding academics, entrepreneurial student body, and a great return on investment make the school quite prestigious. With its exceptional MBA reputation, largest campuses in the US, and positive atmosphere, Stanford MBA is one of the most prestigious universities in the world.
Stanford GSB offers a traditional Master of Business Administration (MBA) program which is meant to be completed in two years, a one-year Master of Science (“MSx program”), and a doctoral (Ph.D.) program. The MBA program is a full-time graduate program. About 420 students enroll each year.
The MSx program is for mid-career managers (with a minimum professional work experience of 8 years). The Stanford MSx was formally called the Stanford Sloan Master’s Program because students who did the program were called Stanford Sloan Fellows.
Stanford MBA does not require any minimum years of work experience to apply or attend the school. For the current class, the average years of professional work experience are 4.6 years.
COPYRIGHT WARNING! Contents on this website may not be republished, reproduced, redistributed either in whole or in part without due permission or acknowledgment. All contents are protected by DMCA.
The content on this site is posted with good intentions. If you own this content & believe your copyright was violated or infringed, make sure you contact us at [xscholarshipc(@)gmail(dot)com] and actions will be taken immediately.
