Stanford MBA is a Graduate school of business of the renowned Stanford University. Located in California, the academy is one of the most competitive business schools in the world. The high rate of competition is due to the quality of education it offers.
In 1925, Herbert Hoover and a board of committee members opened the Stanford MBA. Since its establishment, Stanford has developed several plans to enhance students’ academic growth.
The Stanford MBA offers the best business course programs for students. To access this, a student must be part of the institution’s programs. Though the institution is competitive, there are several opportunities for lucky admitted students.
Also, it has over 70% graduate opportunities. Thus, graduates have a higher chance in the competitive world.
But, entering into the Stanford program requires effort. Like other academics, there are several processes applicants must pass through for admission. Aside from this, you must have a wide understanding of the university and its system.
You should also understand its environment and other facilities. This information is very crucial, especially for international students. In this regard, we have given a breakdown of Stanford MBA to help you with the application process.
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The high rate of competition at Stanford MBA might lead you to think that its environment is as tough. Yet, to the surprise of many, Stanford MBA offers a friendly and culture-diversified environment for students. So, foreign students feel at home in this institution.
Stanford aims to lecture students, not in classrooms but through its environments. Thus, it prides itself on fostering teamwork amongst students. With this, students can collectively find solutions to complex problems.
The University offers a two-year full-time general management degree. This helps you develop your vision as well as the talents to bring it into reality.
Stanford MBA has one of the best rankings in the long list of Business schools in several countries. In the table below, you’ll find its position according to some of the best-ranking bodies.
| University Rankings | Position |
| U.S News and World report | 1st |
| Bloomberg | 1st |
| Forbes | 2nd |
| Financial Times | 3rd |
| The Economist | 8th |
The Stanford MBA program has six quarters. These include the autumn, winter, and spring quarters for the first and second years.
The necessary curriculum at the Graduate School of Business spreads out during the first year of the program. Here, students take some of the fundamental classes in the fall quarter. They take the extras from other options in the winter and spring quarters. Also, students must complete one Global Experience program throughout their time at university.
In the second year, students can pick from over 100 courses at the Graduate School of Business. But, these courses differ every year.
Stanford MBA has nine electives for students to choose from. These include:
For international students, the academy requires completion of one of their global experiences. Here, international students have four options to choose from which are:
In this program, international students partner with students from Tsinghua University. Together, they work on educational projects.
The program requires international students to travel to another location for ten days. They make this trip with a group of other students. It aims at developing an understanding of global business issues.
Students going for this experience will spend ten days attending seminars.
This program is the most extensive. Here, students need to spend four weeks in an international country in the summer. During this period, they will work on several business projects.
There are also one-year courses available at Stanford MBA. Some of them include:
The Stanford MBA is extremely competitive and as a result, has a low acceptance rate of 7%. The implication of this is that the institution will accept only 7% of all applicants, both local and abroad.
However, this rate should not be a discouraging factor. As long as you meet up with the expected requirements, you stand a chance of being part of the 7% admitted into the academy’s program.
A typical Stanford application is a collection of information to prove that you’re qualified for a spot in the University. Your application portfolio should contain two different categories. These are the Quantitative aspect and the Qualitative part.
This should include the following:
This aspect of your application should highlight the reason why you should be a part of their program. It includes:
To apply for the program, you have to write two essays. The first will give a detailed explanation of what you love the most and why. This essay has a word limit of 650 words and will give the committee insight into your life.
The second should analyze the reason for choosing Stanford as an institution. The word limit is 400 words.
Stanford requires two letters of reference. The first is from the director or supervisor at your workplace. The second is from your supervisor at a place you previously worked in.
After you have all the necessary requirements for the application, you can proceed to upload it on the school’s portal. However, you should remember that there are deadlines attached to the application process. These deadlines change every year so it is important to keep yourself updated with the school’s programs.
| Application round | Deadline | Notification date |
| Round one | September 15, 2020 | December 10, 2020 |
| Round two | January 6, 2021 | April 1, 2021 |
| Round three | April 6, 2021 | May 20, 2021 |
| Application round | Deadline | Notification date |
| Round one | September 9, 2021 | December 9, 2021 |
| Round two | January 5, 2022 | March 31, 2022 |
| Round three | April 12, 2022 | May 26, 2022 |
An applicant has the opportunity to apply just once. This means that you can choose to apply in any of the three rounds of application. However, there are certain advantages that come with applying in the first and second rounds. These are
Round three applications are usually deferred enrollment. Such an application reduces the chances of getting an application.
Like every university, a student will spend on several necessary items for schooling. Yet, the total cost of attending an institution also depends on your lifestyle.
Nonetheless, here is an estimated cost of attendance at the Stanford MBA
| Items | Cost ($) |
| Tuition | 74,706 |
| Living allowance | 34,806 |
| Materials and program fee | 900 |
| Books and supplies | 1,695 |
| Health fee | 696 |
| Medical Insurance | 6,192 |
| Transportation | 969 |
| Total | 119,964 |
Stanford’s main attraction starts with “The Farm” which is a second term for their campus. The campus offers some of the best sceneries in the world. Also, it offers innovation and cultural diversity.
The academy grounds cover 8,100 acres of land. The large area has every necessary opportunity for a student.
The main study center is Knight Management Centre. The structure lies within the great grounds of Stanford’s campus. The center features comfortable classrooms, meeting places, cafes, and the Stanford Venture Studio.
Stanford offers students accommodation options that serve as a home away from home. These options accommodate all kinds of people, including married students. There are three residential options for Stanford MBA students. These include Stanford GSB residences, Stanford on-campus housing, and Stanford off-campus housing.
These accommodation options are across the Knight Management Centre. It consists of two buildings -Jack McDonald Hall and Schwab Residential Centre. The residences offer the following amenities:
Aside from Jack McDonald hall and Schwab Residential Centre, there are other alternatives for students on the campus.
If you prefer to live off-campus there are several options nearby. There is a community housing service that offers subsidized apartments. To access this option, you can go through their portfolio online. You can also go through local property management agencies.
| Accommodation | Features |
| Stanford GSB residences | Individual rooms with shared kitchens and common areas |
| Lyman Graduate Residences | 2 bedroom apartments on the west side of campus |
| Liliane Green Rains Housing | 2-4 bedroom apartments |
| Munger Graduate residences | Studio and 1-4 bedroom units |
| Escondido Village | 1-3 bedroom flats surrounded by lush spaces |
| Subsidized off-campus apartment | Furnished apartments near Menlo Park. mountain view, and Palo Alto |
| Off-campus Community housing | Rental apartments in nearby neighborhoods |
The University is not insensitive to the financial responsibilities of students. As a result, there are fellowships available for all US and International financial aid applicants. These aids come in different formats. These includes
There are also external scholarship sources that can reduce your financial load. These are
Most financial aid the institution offers students comes as student loans. You will receive more information about their loans once you gain admittance into the university’s program. But note, loans from Stanford must be for educational purposes only.
Yes. During the admission process, the Institution considers citizens outside the United States. Thus, international students stand a chance of getting into its programs.
Stanford is best for students from any part of the world. The reason, it offers a friendly, diverse, and comfortable environment for its students. Here, international applicants have the same opportunities as domestic applicants.
Competition at Stanford MBA is due to a lot of reasons.
First, the academy has a reputation for producing some of the highest-earning graduates. Therefore, everyone wants to experience what it has to offer.
But aside from this, the environment accommodates students from all walks of life. Another interesting feature is the level of teamwork and cooperation among the students. This is a result of several programs which involve some form of collaboration as well as working together to achieve a common goal.
Taking a business management course at Stanford first singles you out among competing graduates. With this, a certificate holder of the university stands a very high chance of getting a job upon graduation.
Still, there are other peculiar benefits to gain. The institution aims to broaden the mindset of individuals. Thus, two years is enough grooming time to teach students to focus on the important aspects of life.
Furthermore, the interest of every student remains paramount at the prestigious University. As a result, they help to set a future path through their programs and alumni.
Applying to Stanford MBA is as easy as applying to similar business Schools. Yet, you need to take your time to complete the necessary processes if you have all the required documents.
Studying at this institution has several benefits. One of them is the MBA scholarships for international students that it offers. So, if you’re considering getting an MBA, you have the important information you need.
This post was last modified on February 17, 2022 1:55 pm