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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 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 |
|
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 |
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 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 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:
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 |
| 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 |
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 Graduate School of Business is cited within the Knight Management Center, which is located within the greater Stanford campus.
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.
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
| Alumni | Designation |
|---|---|
| Jane Chen | Co-Founder of Embrace |
| Peter Fenton | General Partner, Benchmark |
| Koo Kwang-Mo | Chairman and C.E.O of LG |
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.
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.
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Admission to Stanford Graduate School of Business is available in full-time degree programs like MBA, MSx and PhD. MBA is considered as the best among the full time degree programs at Stanford Graduate School of Business. International applicants can also choose from several non-degree and certificate programs including executive programs, and online courses offered by the university.
International students comprises around 43% of the total student population at Stanford Graduate School of Business. The college accepts international applications for the MBA, MSx, and Ph.D. programs. Stanford Graduate School of Business offers programs for MBA, MSx, and Ph.D. A student who wishes to get admission at the institute must be aware of the following facts:
Application Portal: The students have to apply on the Online Application portal of the institute.
Application Fee:
The applicants may request a waiver on application fee. The waiver is not available for students whose all courses are not in English.
As for India is concerned, applicants are recommended to complete 2 years of master's degree along with 3 years of bachelor's degree. The average GMAT scores accepted by the institute is 734 and for GRE, 165 in verbal and quantitative each.
Application Requirements: The application requirements for the Stanford University MBA, MSx, and Ph.D. programs are as follows:
| Requirements | MBA | MSx | Ph.D. |
|---|---|---|---|
| Transcripts | Required | Required | Required |
| LOR | Required (2 letters) | Required (2 letters) | Required (3 letters) |
| Personal statement or essay | Essay of 650 or 400 words. | Essay of 650 or 400 words. | Statement of purpose required |
| Standardized Test Scores | GRE or GMAT score of 700 | GMAT, GRE or EA | GRE or GMAT |
| Resume or CV | Required | Required | Required |
| Interview | Required | Required | On-invitation |
Stanford Graduate School of Business offers all of its programs in English. Consequently, an applicant whose first language has not been English during academics is required to demonstrate his or her proficiency in the language. A list of language proficiency tests accepted by the institute and the minimum scores expected is given in the table below.
| Test accepted | Minimum expected score |
|---|---|
| TOEFL iBT | 100 |
| TOEFL PBT | 600 |
| IELTS (academic) | 7.0 |
| PTE (academic) | 68 |
*Note - It must be noted that TOEFL internet-based test is preferred over TOEFL paper-based test.
Students aspiring to get an education at Stanford Graduate School of Business need to possess an F-1 visa (or a J-1 visa, if applicable). For this, an I-20 or DS-19 is issued by the institute to the international students after confirmation of admission.
You ought to have the following documents ready before applying for a US Student Visa:
The acceptance rate of Stanford Graduate School of Business is pretty low, indicating the difficulty to get admission at the institute. The admission process is quite strict, and you need to be very particular with your documents and punctual regarding the deadlines if you wish to get admitted to the institute. It is highly recommended to apply in the earlier rounds, preferably round 1 or round 2, though it is not compulsory. One must note that an applicant is allowed to submit only one application per admission cycle, and hence, one must be very cautious while applying. There is no minimum expected test score for Ph.D. programs, but a high score is recommended considering the cut-throat competition. After the admission for the MSx program is confirmed, secure your seat by paying a tuition deposit worth 5,000 USD.
Ques. What is the MSx course offered by Stanford Graduate School of Business?
Ans. MSx is a one-year graduate course for mid-career experienced professionals. This course helps you to develop entrepreneurial skills or even change a career.
Ques. Other than the full-time courses, are there any other courses offered by the Stanford Graduate School of Business?
Ans. Yes, apart from full-time courses, the institute offers non-degree and certificate programs too. These include executive education, online programs, and seed transformation program.
Ques. How long is the MBA program at Stanford Graduate School of Business?
Ans. It lasts for two years.
Ques. Can I apply for deferred admissions at the Stanford Graduate School of Business?
Ans. Yes, the students can apply for deferred admissions. Such students will pay only 100 USD for application fee.
Ques. What is the most preferred application round at Stanford Graduate School of Business?
Ans. Students applying for direct admissions are suggested to apply in round 1 or 2. Those applying for deferred admissions must go for round 3.
Stanford Graduate School of Business in Stanford, California, United States placement details include salary insights, top recruiters, and hiring trends to help students understand career outcomes and campus opportunities.
Students usually compare highest package, average package, and recruiter profile before applying. This section gives a compact overview of career outcomes and placement visibility in Stanford, California, United States.
Represents the top salary package reported in the available placement information.
Shows the typical package range students may expect based on the available average salary data.
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