stanford university mba: Fees, Living Costs, Test Scores, Visa Process, Work during Study, Entry Requirements.

Stanford GSB MBA Fees, Eligibility, Admission & Deadlines

Stanford, CaliforniaLocation
UniversitySchool type
Estd1885established year
16520enrollment
Private (Not for Profit)
8.4/10

Master of Business Administration [M.B.A]

2 years
Full Time
On Campus
Ranked #3 out of 1502 by THE Global Ranking 2023

$82,455 /Yr

1 Students Applied
  • The Stanford GSB  MBA program is ranked 6th in Best Business Schools by U.S. News & World Report and It is recognized as one of the best full-time degree programs,  with an acceptance rate of 6.96%, Stanford Graduate School of Business demonstrates a highly selective admission policy.
  • Their intimate class sizes, close peer-to-peer interaction, group activities, and one-to-one coaching help students collaborate and expand their mindset. The first-year curriculum provides a foundation and toolkit whereas in the second-year curriculum, they let you define your future with your choice of electives. 
  • These elective courses vary every year. Some of the current courses offered at Stanford are Strategic Philanthropy and Impact Investing, Media Entrepreneurship, Investing for Good, Strategic Pivoting for your Next Chapter, and Making Social Ventures Happen by Attracting Financial and Human Capital.
  • The class profile below provides essential information about Stanford GSB for students considering studying at the institution.
Stanford GSB MBA Class Profile
Class Size 431
International Students 36%
Acceptance Rate 9%
Median GPA / Percentage 3.77 GPA on a 4.0 scale
Average GMAT/GRE Score GMAT: 738 | GRE: 328
Average TOEFL Score TOEFL: 113
Educational Background Engineering: 26% | Economics: 21% | Commerce: 20% | Others: 33% 
Average Work Experience 5 years
Gender Breakdown Women: 46% | Men: 54%
Job Placement Percentage 100%
Notable Alumni Ragav Manimaran | Jamille Jamison | Nina Chen
  • This MBA program is a transformative two-year experience designed to shape individuals into principled and purposeful leaders, equipping them with the skills and mindset to drive positive change in the world
  • This program aims to develop future leaders, entrepreneurs, and innovators who are ready to create and lead organizations that will make a positive impact on the world
  • The Stanford MBA program offers specializations that include:
    • Accountancy
    • Brand Management
    • Entrepreneurship
    • Finance
    • Health Care Management
    • IT Management
    • Leadership
    • Logistics, and more
  • In this program, you will have the opportunity to interact with diverse backgrounds, cultures, and work experience at global companies
  • Also, you will get unique experiences such as lifelong collaborations, mentorships, and friendships formed against the backdrop of California's beautiful surroundings

Click below and know about the Academic Experience of MBA at Stanford University

Check out: Stanford University FAQs


Important Dates

These Dates are on the basis of Previous Intake. Dates for Upcoming Intakes are currently Not Available.

EventApplication Date
Application Deadline For Round 3 Apr 9, 2024
Round 3 Decision Date May 23, 2024
Application Deadline For Round 1 Sep 12, 2024
Application Deadline For Round 2 Jan 4, 2025
Round 2 Decision Date Mar 28, 2025

Tuition Fees

Year1st Year Fees
Tuition Fees$82455

Other Expenses

HeadAvg Cost Per Year
Housing$20271
Living Expenses$18453
Health Insurance$7620
Other Fees$783
Total Cost$47127

Eligibility & Entry Requirement

 
Qualification Entry Criteria
Acceptance Rate 9%
Academic Requirement Applicants must hold a bachelor degree which is equivalent to a U.S. bachelor's degree in any field
English Language Proficiency Score TOEFL iBT : 100 | IELTS : 7 | PTE : 68
Documents Required
  • Online Application Form
  • Resume/CV (Updated)
  • Official Transcripts (From all intuitions attended)
  • A Personal Statement (1-2 pages)
  • Three Letters Recommendation (Recommendation letters be written by academics)
  • Proof of English Proficiency Score (IELTS | PTE | TOEFL)
  • A copy of your passport
  • Students Visa (if available)
Application Deadline 09 April 2024 (For Round 3)
Application Fees USD 125 (INR 10410)
Decision Time Within six weeks
Interview Online

Scores Required

68 / 90

Avg. Score in

PTE

113 / 120

Avg. Score in

TOEFL

7 / 9

Avg. Score in

IELTS

730 / 800

Avg. Score in

GMAT

328 / 340

Avg. Score in

GRE

3.96 / 4

Minimum gpa

GPA


Ranking

2024202320222021

QS World University logo
Management 3 out of 550 in Global Ranking
( #2 out of 98 in USA 2024)

Similar Programs

ProgramImportant DateTotal FeesMedian Exams ScoreAction
Application Deadline for 2025 Intake (15th Dec 2024)
USD 48,300 /Yr
  • IELTS: 7
  • TOEFL: 100
  • PTE: 70
  • GRE: 322
Application deadline for 2025 Intake (1st Dec 2024)
USD 76,410 /Yr
  • IELTS: 7.5
  • TOEFL: 109
  • GRE: 326
  • GMAT: 740
  • Duolingo: 145
Application Deadline Round 2 (17th Jan 2024)
Application Deadline Round 3 (8th Apr 2024)
USD 86,550 /Yr
  • GRE: 311
  • GMAT: 720
  • TOEFL: 90
  • IELTS: 7
Application Deadline For Round 1 (12th Oct 2024)
Application Deadline For Round 2 (4th Jan 2025)
USD 143,144 /Yr
  • PTE: 68
  • TOEFL: 100
  • IELTS: 7
  • GMAT: 730

Career and Placement after Course

Total MBA Graduates  256
Received a Job Offer 89%
Top Industries Finance | Technology | Consulting
Average Base Salary USD 182500
Average Signing Bonus USD 30000

Scholarship Grants & Financial Aids

NameScholarship Per StudentLevel of StudyType
Collegedunia $150 Scholarship ProgramScholarship per student$ 150/Yr$150Level Of StudyBachelorTypeMerit-Based
Scholarships in GeorgiaScholarship per studentVariable AmountLevel Of StudyBachelorTypeMerit-Based
Go Clean ScholarshipScholarship per student$ 3,500/Yr$3,500Level Of StudyBachelorTypeMerit-Based
Ellis R. Ott Scholarship for Applied Statistics and Quality ManagementScholarship per student$ 7,500/Yr$7,500Level Of StudyDoctorateTypeMerit-Based
University of PhoenixScholarship per studentVariable AmountLevel Of StudyBachelorTypeMerit-Based
AAUW International FellowshipsScholarship per studentVariable AmountLevel Of StudyDoctorateTypeMerit-Based

College Student Profiles

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Programs Comparison

ranking# 3 for Management by QS World University 2024
# 3 for Management by Times Higher Education 2023
# 1 for Management by QS World University 2024
# 2 for Management by Times Higher Education 2023
# 4 for Management by QS World University 2024
# 5 for Management by Times Higher Education 2023
-# 7 for Management by QS World University 2024
# 8 for Management by Times Higher Education 2023
# 63 for Management by QS World University 2024
# 28 for Management by Times Higher Education 2023
# 75 for Management by QS World University 2024
# 38 for Management by Times Higher Education 2023
application#7324 Applicants
# 436 Admissions
# 5 % Acceptance Rate
#10351 Applicants
# 938 Admissions
# 16 % Acceptance Rate
#4208 Applicants
# 484 Admissions
# 11 % Acceptance Rate
#2489 Applicants
# 497 Admissions
# 19 % Acceptance Rate
#2546 Applicants
# 331 Admissions
# 13 % Acceptance Rate
#1269 Applicants
# 200 Admissions
# 15 % Acceptance Rate
#444 Applicants
# 85 Admissions
# 19 % Acceptance Rate
exam scoresGMAT - 730/800GRE - 328/340IELTS - 7/9PTE - 68/90TOEFL - 113/120Duolingo - 145/160GMAT - 740/800GRE - 326/340IELTS - 7.5/9TOEFL - 109/120GMAT - 720/800GRE - 311/340IELTS - 7/9TOEFL - 90/120Duolingo - 120/160IELTS - 6.5/9PTE - 59/90TOEFL - 92/120GMAT - 720/800IELTS - 7/9PTE - 54/90TOEFL - 90/120Duolingo - 120/160GMAT - 680/800GRE - 300/340IELTS - 7.5/9PTE - 60/90TOEFL - 100/120GMAT - 694/800GRE - 322/340IELTS - 7/9TOEFL - 95/120
Admission Criteria/Better to Have

GPA of 3.8 average and preferably 733 GMAT Score.Average Work Experience required around 4.7 years.


-

GPA of 3.62 and preferably a 730 GMAT Score. Average Work Experience required around 5 years.


-

GPA of 3.65 average and preferably 727 GMAT Score. Average Work Experience required around 5.3 years


GPA of 3.32 average and preferably 680 GMAT Score. Average Work Experience required around 5.4 years.


GPA of 3.3 average and preferably 681 GMAT Score. Average Work Experience required around 5 years.


cost to studyTotal Cost (Tuition + Living) -USD 76950-Total Cost (Tuition + Living) -USD 80400-Total Cost (Tuition + Living) -USD 71817Total Cost (Tuition + Living) -USD 70000Total Cost (Tuition + Living) -USD 40752
documents required#Letter of Recommendation + Statement of Purpose#Letter of Recommendation + Statement of Purpose#Letter of Recommendation + Statement of Purpose#Letter of Recommendation + Statement of Purpose#Letter of Recommendation + Statement of Purpose#Letter of Recommendation + Statement of Purpose#Letter of Recommendation + Statement of Purpose
application datesApr 9, 2024 (Application Deadline For Round 3)
May 23, 2024 (Round 3 Decision Date)
Sep 12, 2024 (Application Deadline For Round 1)
Jan 4, 2025 (Application Deadline For Round 2)
Mar 28, 2025 (Round 2 Decision Date)
Dec 1, 2024 (Application deadline for 2025 Intake)
-Sep 8, 2024 (Application Deadline For Round 1)
Jan 3, 2025 (Application Deadline For Round 2)
Mar 25, 2025 (Application Deadline For Round 3)
Sep 14, 2024 (Application Deadline Round 1 Intake)
Dec 7, 2024 (Application Decision Round 1 Intake)
Jan 4, 2025 (Application Deadline Round 2 Intake)
Mar 21, 2025 (Application Decision Round 2 Intake)
Mar 28, 2025 (Application Deadline Round 3 Intake)
May 2, 2025 (Application Decision Round 3 Intake)
Oct 2, 2024 (Application Deadline For Round 1 2025 Intake)
Dec 6, 2024 (Application Decision For Round 4 2024 Intake)
Feb 11, 2025 (Deposit Deadline For Round 4 2024 Intake)
Oct 4, 2024 (Application Deadline For Round 1)
Jan 10, 2025 (Application Deadline For Round 2)
Mar 7, 2025 (Application Deadline For Round 3)
May 1, 2025 (Application Deadline For Round 4)
Return on Investment/Average Package--#Average SalaryUSD 135000-#Average SalaryUSD 140000#Average SalaryUSD 126250#Average SalaryUSD 117492
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