Stanford MBA Class profile 2025, Employment reports 2023, Fees, Scholarships, Admissions

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Stanford Business School is one of the most widely known business schools in California and across the globe. It has a long history of giving its students a world-class business education and empowering them with a unique set of skills that further enable them to flourish in the corporate world.

Stanford GSB

Are you considering pursuing an MBA at Stanford Graduate School of Business (GSB) and want to know what to expect? Well, you’re in the right place.

In this article, we’ll provide you with valuable insights into the Stanford GSB MBA program. We’ll start by delving into the class profile of the incoming Class of 2025, offering you a snapshot of the diverse and accomplished individuals who were talented enough to get into Stanford GSB. Next, we’ll explore the employment reports from the Class of 2023, shedding light on the promising career opportunities that await Stanford GSB graduates.

Additionally, we’ll break down the cost of attendance, ensuring you have a clear understanding of the financial aspects of pursuing your MBA at Stanford. And for those seeking financial aid, we’ll also discuss scholarships available to help make your dream of attending Stanford GSB a reality.

General information on Stanford GSB

Location: 655 Knight Way Stanford, CA 94305 USA

Dean: Jonathan Levin

Admissions Office:

MBA Admissions Office, McClelland Bldg, 655 Knight Way, Stanford, CA 94305-7298, USA

Phone: +1 (650) 723-2766

Fax: +1 (650) 725-7831

Email: mba_admissions@gsb.stanford.edu

Social media: Facebook, Twitter, YouTube, Instagram, LinkedIn

Stanford MBA – By the numbers

Let us dive into a few important statistics about Stanford’s recent MBA class of 2025

Applications Received6190
Class Size431
Average GMAT Score738
GMAT Range630-790
Median GRE Score328
GRE Range299-340
Average TOEFL Score 113
TOEFL Range104-120
Average GPA3.77
Work Experience (Average)5 years
Tuition Cost for a Single Person (first year)$79,860
Percentage of students that received a job offer95%
Median Base Salary$175,000
Median Signing Bonus$30,000
Median Performance Bonus$30,000

Now, let’s study in depth the 2024 class of Stanford Business School:

Stanford MBA class profile 2025

Enrolment

Of the 6,190 people who applied to the Stanford MBA Program in 2025, the school decided to go with 431 of them. This means that Stanford accepted 6.96% of its applications.

  • Applications Received by Stanford – 6,190
  • Total Enrolled – 431
  • Enrolment rate – 6.96%

Diversity

Every business school cares highly about maintaining and encouraging diversity within its ranks. With their 2025 MBA class, Stanford has managed to achieve a highly diverse class. 46% of its MBA 2025 class is female and 36% of its students are international residents stemming from 55 different countries.

  • % Women in the Stanford class of 2025 – 46%
  • % International students in the Stanford class of 2025 – 36%

Test Scores and GPA

Stanford has some of the most brilliant minds in the world. Hence, understandably their GPA and test scores are significantly higher than many other schools. The average GPA of the Stanford MBA Class of 2025 is 3.77. The school does not differentiate between GMAT and GRE and has no minimum score for its applicants. 61% of its class submitted GMAT scores while the other 39% applied with GRE scores. The class’s average GMAT score is 738, its average GRE score is 328.

Average GPA – 3.77

GMAT Score

  • Average GMAT – 738
  • GMAT Range – 630-790

GRE Score

  • Average GRE – 328
  • GRE Range – 299-340

Undergraduate Major

Among the Stanford class of 2025, 41% have a background in STEM programs. 20% of the class has a background in Business/Commerce, and 21% in Economics.

The details are as below:

Undergraduate MajorPercentage of Stanford MBA class of 2025
Engineering26%
Economics21%
Social Sciences13%
Business/Commerce20%
Math/Sciences15%
Arts/Humanities5%

Pre-MBA industry of Stanford MBA Class of 2025

The students of the Stanford MBA Class of 2025 have in total represented 295 organizations. With an average work experience of 5 years, 19% of the class has a background in Investment Management/Private Equity/ Venture Capital, while 17% of the class has a background in Consulting. 13% of the class also had a Technology background.

More details are in the table below:

Pre-MBA industry% Of Stanford MBA class of 2025
Investment Management/Private Equity/ Venture Capital19%
Consulting17%
Technology13%
Non-profit/Government/Education10%
Consumer Products & Services9%
Arts/Media/Entertainment4%
Healthcare7%
Financial Services5%
Cleantech/Energy/Environmental4%
Manufacturing3%
Other1%

MBA Application Deadlines

The application dates for the MBA Class of 2026 (incoming class of 2024) are

Application RoundDeadlineDecisions
Round 1 12 Sep 202307 Dec 2023
Round 2 04 Jan 202428 Mar 2024
Round 3 09 Apr 202423 May 2024

Now that you are familiar with the educational and industry background of Stanford GSB MBA Class of 2025, you may have a better idea as to how you compare against them. For an admit into Stanford’s MBA program, it is important to try and match or exceed these numbers. 

Let us now dive into the post-graduation compensation of Stanford MBA students.

Stanford MBA Employment Statistics – Class of 2023

The Stanford class of 2023 received a median base salary of $182,500.

Below are the details:

  • Median Base Salary – $182,500.
  • 89% received an offer within 3 months of graduating

Employment by Industry

Finance remains the top draw for Stanford MBA graduates, with 38% of the 2023 class landing positions in the field. Technology also attracted a significant 24%, followed by Consulting with 15%.

Industry% Stanford class of 2023 hired
Finance 38
Investment Management2
Private Equity18
Venture Capital13
Other 5
Technology24
Consumer9
Enterprise10
EdTech1
FinTech2
Other3
Consulting 15
Health Care4
Consumer Products3
Energy3
Media/Entertainment2
Real Estate2
Automotive1
NonProfit1
Other5

Stanford MBA Median Salary by Industry

IndustryMedian SalaryMedian Performance Bonus/Expected BonusMedian Signing Bonus
Finance $200,000$150,000$30,000
Investment Management$175,000$150,000NA
Private Equity$215,000$160,000$27,500
Venture Capital$180,000$70,000$25,000
Other $220,000$285,000$50,000
Technology$177,500$22,793$25,000
Consumer$180,000$28,750$30,000 
Enterprise$180,000$22,793$25,000
EdTechNANANA
FinTechNANANA
Consulting $192,000$41,875$30,000
Health Care$170,000$26,400$15,000
Consumer Products$175,000NANA
Energy$177,500NANA
Media/EntertainmentNANANA
Real EstateNANANA
AutomotiveNANANA
NonProfitNANANA
Other$150,000NANA

Employment by Function

Yet again, Finance led the way with 34%, General Management and Marketing/Sales also proved popular, drawing 23% and 22% respectively.

More details are below.

Function% Stanford class of 2023 hired
Finance 34
Investment / Portfolio Mgmt6
Private Equity 14
Venture Capital11
Other3
General Management29
Business Ops / Strategy / Planning17
Chief of Staff7
General Mgmt / Rotational / Leadership6
Consulting 16
Management Consulting15
Operations / Implementation1
Marketing/Sales16
Business Development5
Marketing / Brand / Growth Manager 2
Product Management7
Sales / Customer Success / Revenue2
Other (total)4

Stanford MBA Median Salary by Function

FunctionMedian SalaryMedian Performance Bonus/Expected BonusMedian Signing Bonus
Finance $192,500$150,000$30,000
Investment / Portfolio Mgmt$200,000$212,500$50,000
Private Equity $215,000$225,000$25,000
Venture Capital$175,000$80,000$25,000
Other$165,000$38,750NA
General Management$175,000$40,000$25,000
Business Ops / Strategy / Planning$165,000$20,750$25,000 
Chief of Staff$180,000$40,000NA
General Mgmt / Rotational / Leadership$215,000$50,000NA
Consulting $192,000$43,750$30,000
Management Consulting$192,000$41,875$30,000
Operations / ImplementationNANANA
Marketing/Sales$180,000$27,250$15,000
Business Development$171,000$27,000NA
Marketing / Brand / Growth Manager NANANA
Product Management$200,000$22,350$17,500
Sales / Customer Success / RevenueNANANA
Other (total)$154,000NANA

Employment by Location

A majority (93%) of Stanford’s 2023 MBA graduates chose to work in North America. The West proved most popular, attracting 50% of the class, while the Northeast accounted for 31%.

Location % Stanford class of 2023 hired
Africa1
Asia, Australia, and Oceania2
Europe1
Latin America and Caribbean 1
South America 2
North America 93
Mid-Atlantic2
Midwest3
Northeast31
South3
Southwest3
West50
Canada<1

Salaries by location

United States$190,000
Rest of the World$125,000

Entrepreneurship for MBA Graduates

Entrepreneurial zeal continues to burn bright for Stanford GSB graduates, with a notable 25% of the Class of 2023 starting or running their own ventures. While the tech sector continued to attract many (49%), the most notable surge this year came from students launching their own search funds.

Industry% of Entrepreneurs in Stanford Class of 2023 
Technology49
Health Care12
Finance9
Energy4
Media/Entertainment3
Real Estate3
Agriculture2
Consumer Products2
Other15

Stanford MBA – Cost of Attendance

Cost of Attendance Breakdown: First-Year MBA 2024–2025

CostSingle StudentMarried Student
Tuition$79,860$79,860
Living Expenses$18,453$34,200
Housing$20,271$30,216
Medical Insurance$7,128$7,128
Health Fee$753$753
Total$126,465$152,157

Stanford MBA Scholarships

At Stanford, all MBA students, regardless of where they come from and which country they are citizens of, are eligible for financial assistance.

Stanford GSB can help you fund your MBA through a combination of student loans and generous fellowship awards. Fellowships are offered to those with demonstrated need.

Need-Based Aid

The Stanford MBA Program admission is ‘need-blind’. This means that they do not consider your personal resources for financing your education in their admission decisions.

All the students admitted will solely be based on skills such as significant leadership potential, intellectual vitality, and other personal qualities which will in turn enhance the MBA class. The admission decisions will not take into consideration the way a student plans to finance their MBA Degree — those decisions are made once the student submits a financial aid application.

Stanford GSB Need-Based Fellowships

Fellowships are gifts from our community that do not have to be repaid. Stanford GSB fellowships are awarded based solely on your demonstrated financial need. Approximately half of Stanford MBA students receive fellowship funds. The average Stanford GSB fellowship is approximately $42,000 per year or $84,000 in total awards.

How does Stanford perceive ‘Need’?

Need is calculated on a specific basis by the school, as below:

Cost of attendance of the Stanford MBA Program – Assets and income – Contributions from parents, friends, and/or employers – External fellowships and scholarships = Financial aid need

Stanford GSB BOLD Fellows Fund

The mission of the Building Opportunities for Leadership Diversity (BOLD) Fellows Fund is to further Stanford University’s commitment to diversity and inclusion by augmenting Stanford GSB’s financial aid for MBA students with financial hardship and a commitment to the advancement of diversity, equity, and inclusion.

Stanford Knight-Hennessy Scholars Program

Knight-Hennessy Scholars cultivates and supports a highly engaged, multidisciplinary, and multicultural community of graduate students from across Stanford University, and delivers a diverse collection of educational experiences, preparing graduates to address complex challenges facing the world

Each year, Knight-Hennessy Scholars selects up to 100 students who are newly enrolling in a graduate degree program in any of Stanford’s seven schools. Knight-Hennessy Scholars participate in an experiential leadership development program and receive funding for up to three years of graduate study at Stanford. 

Candidates from any country may apply. Candidates must submit two applications to be considered; one to Knight-Hennessy Scholars and one to the graduate degree program by its deadline. The Knight-Hennessy Scholars application to join the 2022 cohort closes on 12 October 2022 at 1:00 p.m. PDT.

Final Thoughts

Getting an MBA from Stanford GSB is a dream for most MBA applicants. Stanford GSB is one of the leading business schools in the world, so getting into it can be hard. Even though there is no foolproof method to ensure admission to Stanford GSB, you can improve your chances significantly by working diligently on your application. We can help you get into Stanford GSB. Our consultants include Stanford GSB alumni who will give you the most accurate advice and guidance you’ll need to get into GSB. So, get started now.

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