NYU Stern MBA Class Profile: Class of 2023, Full-Time Two-Year

Here is a look at the NYU Stern full-time two-year MBA class of 2023:

(NYU Stern has adopted the new Graduate Management Education (GME) reporting standards for this year’s class profile, which has impacted the way some of the data is calculated and reported and also allows Stern to disclose even more details around race and ethnicity.)

Click here to jump to our analysis of the differences between NYU Stern’s class profiles of 2022 and 2023.

Applicants: 3,958

Admits: 771

Admission rate: 19%

Number enrolled: 360

Women: 41%

US military veterans/active duty: 10%

Countries represented: 32

Students with international citizenship: 32%

Average age: 28

100% age range: 23–40

Race and ethnicity (per federal guidelines, all students identifying as both Hispanic, Latino and any other race are represented as Hispanic, Latino only. Students identifying with more than one race, but not Hispanic, Latino are represented as multi-racial. Per multi-dimensional guidelines, students can identify with more than one race.)

Minorities: 36%

Underrepresented minorities: 17%

Race and ethnicity	Federal guidelines	Multi-dimensional guidelines
American Indian, Alaska native, Native Hawaiian, Other Pacific Islander	0% 0	1% 4
African American, Black	4% 10	7% 19
Asian American	16% 44	20% 56
Hispanic, Latino	11% 31	11% 31
White, Non-Hispanic	58% 160	68% 188
Multi-race	5% 14	13% 35
Did not specify	6% 16	6% 16

GPA statistics:

Average: 3.59

80% range: 3.30–3.90

100% range: 3.00–4.00

Standardized test type:

GMAT: 64%

GRE: 18%

NYU program waiver: 6%

EA: 6%

MCAT/LSAT/DAT: 5%

Pandemic waiver: 1%

GMAT statistics:

Average: 729

80% range: 700–760

100% range: 620–770

GRE statistics:

Q Average: 162

Q 80% range: 157–168

Q 100% range: 154–170

V Average: 162

V 80% range: 157–167

V 100% range: 149–170

Professional experience:

Students with work experience: 98%

Average years of work experience: 5.1

100% range years of work experience: 0–13

Prior industries:

Financial Services: 23%

Consulting: 12%

Technology: 9%

Consumer Products/Retail: 9%

Military, Government: 9%

Nonprofit, Arts, Education: 8%

Other: 8%

Entertainment, Media: 7%

Healthcare, Pharmaceuticals: 5%

Real Estate: 4%

Advertising, Public Relations: 2%

Law: 1%

Manufacturing, Import/Export, Trade: 1%

Engineering: 1%

Energy: 1%

Differences between the NYU Stern classes of 2022 and 2023

There are several interesting and important differences between NYU Stern’s class profiles of 2022 and 2023.

The class of 2023 saw a dramatic increase in yield, up 56% from 29.9% in 2022 to 46.7% in 2023.
Application volume rose from 3,652 to 3,958 — an 8.4% increase, which makes the increased yield even more remarkable. Stern credits this increase in part to a broadening of the application process, adding three new standardized test options as well as a test waiver in response to the pandemic.
Stern reported a record-breaking six-point increase in the average GMAT score, the highest in its history (from 723 to 729), putting the school just shy of the rarified 730 club.
Increased diversification of the incoming class:

a. 17% underrepresented minorities in 2023 compared to 12% in 2022 – a 41.7% increase.

b. Declining reliance on financial services for incoming students: 27% came from financial services in the class of 2022, down to 23% in 2023 (a 15% decline).

c. Growth in military veterans/active duty from 4% to 10% in the class of 2023.
A small (2%) decline in the percentage of women in the class. Given that HBS, Wharton, and other top programs are reporting record percentages in women’s enrollment, any decline is surprising.

Greater diversification in students and how they are using their MBAs is very important to NYU Stern. Lisa Rios, Assistant Dean of MBA Admissions at NYU Stern was recently interviewed on Accepted’s “Are You Interested in NYU Stern?” podcast, in which she acknowledged the broad scope for MBA graduates across various sectors:

I would love candidates to know…the MBA has become a degree that is useful in so many different spaces. You talked about Wall Street earlier, and yes, historically the MBA was for many a degree for folks on Wall Street, but it’s so much more than that now. So for anyone out there who is wondering if they should consider this degree, then they should explore it because it can take you into so many different spaces. We see folks going into the public sector, whether it’s working in higher education or working for the city of New York or the federal government or education. We also see folks that are going into marketing or into tech. I mean, you yourself have probably seen so many evolutions of where students are taking their degrees, it’s pretty incredible.

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