Poets&Quants Top Business Schools

New York University Stern School of Business

#6

Contact our general manager with any questions. Profile updated: April 9, 2019.

Contact Information

Location:
Office of Undergraduate Admissions
383 Lafayette Street
New York, NY 10003
Admissions Office:
212-998-4500

Total Cost In-State: $195,604*

Total Cost Out-of-State: $195,604*

Average Debt: $24,599

Internship Rate: 96.00%

Graduates With Jobs 90 Days After Graduation: 97.60%

Total Average Compensation (Including Bonus): $84,764

International: 23%

Minority: 29.70%

First generation college students: 14%

When do students declare their majors: Freshman Year

Acceptance Rate: 8%

Average SAT: 1470

Average ACT: 33

HS Class Top Ten: 77.08%**

*The total cost of the degree over four years for the most recent graduating class inclusive of school fees, room, board, or living expenses.

** HS Class Top Ten is the percent of the student population that graduated high school in the top ten percent of their class.

*** Please note that these statics are provided for the business school major only whenever possible. If a school does not track these statistics separately, then the university-wide statistics are provided.

New York University’s Stern Undergraduate College is guided by three pillars: Academic excellence and innovation, “glocal” (global + local) perspective, and vibrant community.

“Each pillar represents strength and focal point of the Stern experience,” Geeta Menon, dean of the NYU Stern Undergraduate College, says.

ACADEMIC EXCELLENCE AND INNOVATION

Academic excellence and innovation are both critical components to the Stern education.

“The first pillar, Academic Excellence and Innovation, is first because we are first and foremost an academic institution whose mission it is to educate future business leaders and policymakers,” Menon says.

However, innovation signifies Stern’s long history as a leader in business education.

“We were the fourth school of business to open in the US in 1900 and for the last 100 plus years, we have continued down that path of innovation,” Menon says.

Some of the ways Stern has continued down the path of innovation? Its faculty were among the first to raise FinTech as an important pursuit.

Most recently, Stern added two new concentrations in entrepreneurship and sustainable business.

In 2012, Stern introduced Academic Tracks to provide roadmaps of coursework that help students develop both intellectually and professionally in areas of interest that cross traditional disciplines. Current tracks include Asset Pricing, Business Analytics, Corporate Finance, Digital Marketing, Luxury Marketing, Management Consulting, and Real Estate.

Menon says the tracks are designed to be multidisciplinary, in-depth, and supplemental to students’ business concentrations.

“Through Tracks, we’ve been able to address the needs of students who want to prepare for very specific careers,” she says.

“GLOCAL” PERSPECTIVE

“Glocal” perspective is the second value of the Stern education. It refers to the college’s locational endowment and the important roles that both the local New York City and its global campuses play in the Stern education.

“NYU is the world’s first truly global university, and that global mindset has influenced our culture and offerings in the same way that our location in New York City has,” Menon says. “We have a saying at NYU that our faculty, staff, and students are both ‘in and of the city’ and ‘in and of the world.’

The “global” aspect is most apparent in Stern’s International Studies Program (ISP), a four-credit course on global business that sends juniors on an international business trip to cities in Asian, Europe, or South America.

On the trip, students are greeted with a welcome dinner featuring native foods, conduct a market study of the city, visit a company, and participate in country-specific cultural activities. At the end of the trip, students present a business strategy on what they’ve learned through the annual ISP Competition.

According to numbers provided by Stern officials, nearly 50% of Stern undergraduates spend at least one semester at one of NYU’s 14 global campuses. Additionally, the Stern curriculum includes 19 courses devoted completely to global business issues.

But the surrounding New York City also plays a critical role in the “glocal” pillar.

NYU isn’t located in a traditional college campus, but rather, in a hub of art, culture, commerce, and virtually any industry imaginable.

For students, that means direct access to internships and jobs. According to numbers provided by Stern, 96% of the undergraduate business students in the Class of 2018 had paid or unpaid internships before graduation.

“Living in New York City is as much a part of their education as what they study – walking outside of their dorm room is to be immersed in a global melting pot of cultures and ideas that are always changing and challenging them beyond of the bubble of college,” Menon says.

VIBRANT COMMUNITY

The third pillar, vibrant community, embodies Stern’s dynamic student body and alumni network.

Despite being located in a metropolitan city, Stern’s community is interconnected.

56% of Stern alumni surveyed by Poets & Quants for Undergrads report the program’s efforts to bring them into contact with practicing professionals, including school alumni, in the business community, as “exceptional.”

In 2016, the college also launched “Stern Peer Mentors,” a program that uses the experience of juniors and seniors to help students explore industries, connect to resources, and get help with everything from resumes to mock interviews. Through the program, students can even connect with peer mentors virtually while studying abroad.

Community, Menon says, is a vital part of the Stern education.

“We hear from students about how their Stern classmates really inspired them and helped them through those tough all-nighters they spent studying for their Economics of Global Business exam,” she says. “And at the end of the day, it is our solidarity as a community that takes us forward again and again.”

CAREER OUTLOOK

Stern 2018 graduates pulled in the largest overall average salary and boasted some of the strongest job numbers across all 88 schools to be ranked this year. For example, nearly 98% of the Class of 2018 seeking employment were employed full-time by the end of September with an average overall salary of $80,546. The majority of those — 83.2% of Class of 2018 grads — accepted positions in the US Northeast. Surprisingly, however, nearly 6% of grads also choose to pursue positions internationally.

What Alumni Say:

“ISP, in my opinion, is the trademark of Stern’s undergraduate program. It was a tremendous learning experience to participate in a company strategy class for a semester and then do an international onsite visit to consolidate the context of the class and basis of understanding.” – Class of 2016 alum

“I participated in the International Business Exchange program (IBEX), which is a semester-long exchange at another business school somewhere in the world. I spent my semester attending Sciences Po in Paris, France. It was an absolutely phenomenal experience, particularly because I got to take classes at another renowned institution that weren’t offered at NYU.” – Class of 2016 alum

“I did NYU’s Business and Political Economy program. So I spent a year in London and a semester in Shanghai learning about various political and economic factors that create a society, living through it and analyzing everything and anything through crazy lenses. My capstone thesis was on The Economic Marginalisation of Muslim minorities and I even got to do research with a professor on minority biases, which was really cool.” – Class of 2016 alum

Where The Class of 2018 Went To Work:

Citi

PwC

Goldman Sachs

JP Morgan

Deloitte

Morgan Stanley

EY

Credit Suisse

Accenture

Wells Fargo

For an in-depth, exclusive interview with NYU Stern Dean of the Undergraduate College Geeta Menon, go here.