Located in Stanford, California, the Stanford Graduate Scool Of Business offers an MBA degree, MSx program and a PhD program. Stanford Graduate School of Business is ranked as one of the best business schools in the world. The school was established in 1925 by trustee Herbert Hoover when he formed a committee consisting of Wallace Alexander, George Rolph, Paul Shoup, Thomas Gregory, and Milton Esberg to secure the needed funds. If you want to find out about the Stanford MBA acceptance rate, this blog is just for you!
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Stanford MBA Acceptance Rate
Stanford Graduate Business School offers a high-quality academic degree in MBA. The MBA program offered by Stanford GSB is the most selective program among the top B Schools. The chances of admission vary every year. One of the reasons for the low Stanford MBA acceptance rate is high competition. Thus, the acceptance rate usually is between 5.4%-6.1%. Hence, the competition to secure a seat is tough, especially among international students and students who excel in the academic areas and co-curricular are chosen.
Apply to the Stanford MBA Program
Are you wondering how you should apply for the MBA program at Stanford? The process is not very technical; however, while doing so, you must keep in mind that the Stanford MBA acceptance rate is not an easy one to crack; at the same time, it is not impossible.
- Read the website carefully as it is the primary source for admission information.
- The application process is online, and candidates may apply in one of the three application rounds. Candidates can apply only once during any application cycle.
Once you know about the Stanford MBA acceptance rate, you must see if you meet the eligibility criteria. To be eligible for admission, candidates must meet the following requirements:
- Completion of a Bachelor’s degree from a recognized university or college.
- There should be proof of standardized exams such as GMAT, GRE OR LSAT.
- Accepted exam scores are TOEFL – 100, IELTS – 7, PTE – 68.
In order to know the Stanford MBA acceptance rate, you must first know about what ranking it holds in the world. It is tabulated below.
|World University Ranking QS 2021||#2|
|Times Higher Education Ranking 2021||#2|
|National University Ranking 2021||#6|
|Global University Ranking 2021||#3|
Also Read How to Get into Stanford
MBA Documents Required
A critical point of being considered under the Stanford MBA acceptance rate is to have all the necessary documents that will be asked for by the authorities at the time of admission. They are mentioned below.
- Proof of meeting the eligibility criteria.
- Qualification documents
- Standardized exam scores of GMAT or GRE and TOEFL
- Work experience is considered mandatory for MBA
- Essay for MBA
- Documents to support all co-curricular activities and awards
- $125 application fee
If you want to give a shot at trying to get admission at Stanford after knowing the Stanford MBA acceptance rate, you have to be mindful of the dates of admission and make sure that you don’t miss out on the deadlines of application. The generic dates for the admission process are mentioned below:
- Round 1 of Application Deadline – 15th September
- Round 2 of Application Deadline – 6th January
- Round 3 of Application Deadline – 6th April
Fees and Expenses
After finding out all the Stanford MBA acceptance rate, the next automatic step is to know about the fees which you will be liable to pay. Tabulated below are the fees and expenses that are incurred during the MBA programme at Stanford.
|Fees and Tuition||INR 54,71,467|
|Meals and Hostel||INR 6,45,830|
|Programme Fees and Reading Materials||INR 65,916|
|Personal Expenses||INR 4,70,201|
|Health Fees||INR 50,975|
The entire admission process to Stanford University is online. All candidates are supposed to fill the application form, upload the essential documents and pay the fees.
The Stanford MBA acceptance rate is low and the level of competition is very high. The acceptance rate for Stanford MBA is 6.1%.
The accepted scores of exams for Stanford MBA are:
TOEFL – 100
IELTS – 7
PTE – 68
Explore How to get into Stanford MBA?
This was all about the Stanford MBA acceptance rate and eligibility criteria. We hope it helped in answering all your queries and solving any doubts that you had. Students interested in studying at Stanford GSB should start applying now. If you need help with the application process, then stay connected to Leverage Edu! You must sign up for a free session with our experts today!