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    Stanford University MBA Fees, Eligibility, Admission & Deadlines

    Stanford, CaliforniaLocation
    UniversitySchool type
    Estd 1885established year
    16520enrollment
    Private (Not for Profit)
    7.7/10

    Master of Business Administration [M.B.A]

    2 years
    full time
    English
    On Campus

    Field of Study: 

    $74,706/Yr

    $74,706 /Yr
    • Master of Business Administration [M.B.A] is a 2-year program.
    • The program is a course-based.
    • This program is offered as full time and delivered on-campus.
    • Students lead to a general management degree while helping them develop their vision and the skills to achieve it.
    • This is a school fueled and surrounded by innovation and collaboration.
    • Specializations:
      • Accountancy
      • Accountancy & Financial
      • Brand Management
      • E-Commerce / Business
      • Entrepreneurship
      • Finance
      • General Management
      • Health Care Management
      • Human Resource Management
      • IT Management
      • Information Management
      • Innovation / Knowledge Management
      • International Management / Business
      • Leadership
      • Logistics
    • Students will learn through case studies, lectures, small-group seminars, simulations, prototyping, role-playing scenarios, hands-on experiences, project-based courses, and multifunctional teams.
    • The student-faculty ratio at Stanford University is 5:1, and the school has 69.3% of its classes with fewer than 20 students.
    • 17 Nobel laureates are currently members of the Stanford community.
    • According to QS Global World Ranking, Stanford University Ranked #2.
    • The average salary is 120,900 USD.

    Important Dates

    Event End Date
    Round 1 Jan 6, 2022
    Round 2 Apr 6, 2021

    Fees & Funding

    Tution & Application Fees

    YearYear 1Year 2
    Tuition Fees$74706$74706
    Books and Supplies$1695$1695
    Medical Insurance$6192$6192
    Health Fees$696$696
    Total Fees$83289$83289

    Eligibility & Entry Requirement

    Academic Eligibility:

    • Students must complete a 4 years bachelor's degree from a recognized institution.
    • Students who meet the above degree requirement with a strong technical background in engineering, physics, or a comparable science program are welcome to apply.
    • The average cumulative high school GPA of students admitted to Stanford University is 3.96 on a 4.0 scale.

    Indian Student Eligibility:

    Indian students are eligible to apply if they meet one of the following eligibility criteria:

    • Completed a 4-year UG degree with first class in a relevant field from a recognized institution

    Note: A three-year bachelor’s degree in any subject is not considered sufficient for graduate study at Stanford. A two-year master’s degree following the three-year bachelor’s degree from India is required.

    Along with the minimum eligibility requirements, international students hailing from non-English speaking countries need to prove English proficiency through IELTS/TOEFL/any equivalent test to get admission to this program.


    Scores Required

    68 / 90

    Avg. Score in

    PTE

    113 / 120

    Avg. Score in

    TOEFL

    7 / 9

    Avg. Score in

    IELTS

    733 / 800

    Avg. Score in

    GMAT


    Required Document List

    • Online Application: Students have to submit an online application form at the official website.
    • Application Fee: Students need to submit their application fees.
    • Statement of Purpose: Reasons or intentions for pursuing studies in this program, including a description of prior experience.
    • 3 Letters of Recommendation: Three letters of recommendation are required; one letter must come from an academic source, although Stanford prefer at least two. Recommendations must be submitted online. 
    • Official GRE Test Scores: Students have to submit their GRE Test Scores.
    • ELP Scores: Students have to submit their English language proficiency scores like IELTS, TOEFL, or other test scores.

    Ranking

    20222020201920182017
    Times Higher Education logo
    Business #4 out of 1200 in Global Ranking

    Living Costs

    HeadAvg Cost Per Year
    Housing$20180
    Food$8340


    VISA & Work Study

    VISA

    For most students, this will be an F-1 Student Visa, although there are additional visa classifications that cover credit-based study.

    Process to Obtain an F-1 Student Visa:

    The first step in the process of attending Stanford is to apply.  If offered admission, the next step is to complete an acceptance process. This process includes the submission of the following three documents:

    • Declaration of Finance: An online form completed as part of the Stanford acceptance process.
    • Proof of Funding Document: A letter or statement from the financial institution or from the family’s financial institution, verifying that there are funds sufficient to cover the program’s full cost as stated on the Declaration of Finance. This document must be shown in U.S. dollars. 
    • Current Passport Photocopy: A copy of the identification page(s) of the passport.

    Once all acceptance items have been received and students have been assigned a Stanford ID number, Stanford University will generate their I-20 (Certificate of Eligibility for Nonimmigrant F-1 Student Status).

    After students receive their I-20, the following items must be completed by the student in order to obtain an F-1 Student Visa:

    • Pay the SEVIS fee to the U.S. Government and obtain a receipt.
    • Arrange an F-1 Visa appointment at the local U.S. Embassy or Consulate after they have received an I-20 and paid the SEVIS fee.
    • Present the following items at the visa Appointment:
      • Original I-20 (Certificate of Eligibility for Nonimmigrant F-1 Student Status)
      • I-901 SEVIS Fee Receipt
      • Stanford University Admission Letter
      • Original Proof of Funding Document
      • Valid Passport
      • 2 Passport-Size Photos

    Work Study

    Students may work "on campus" up to 20 hours per week when school is in session and full-time and more than 20 hours a week during holiday and vacation periods. 

    Note: A student's combined hours of on- and off-campus employment must not exceed 20 hours per week during the academic quarter.

    F-1 students may not work off-campus during the first academic year. After the first academic year, F-1 students may engage in three types of off-campus employment:

    • Curricular Practical Training (CPT)
    • Optional Practical Training (OPT) (pre-completion or post-completion)
    • Science, Technology, Engineering, and Mathematics (STEM) Optional Practical Training Extension (OPT)
    • Severe economic hardship 

    Career and Placement after Course

    Career opportunities are:

    • Operations Manager
    • Senior Business Analyst
    • Human Resource Generalist
    • Business Development Manager
    • Marketing Manager
    • Human Resource Management

    Scholarship Grants & Financial Aids

    Name AmountInternational Students EligibleApplication Deadline
    FormSwift Scholarship Program$1000YesMar 15, 2020
    Collegedunia $150 Scholarship Program$150YesN/A
    BrokerFish International student scholarship$1000YesDec 21, 2020
    Innovation in Education Scholarship - La Tutors 123$500YesFeb 20, 2020

    Programs Comparison

    ranking# 45 for Business by Times Higher Education 2022
    # 101 for Business by Academy Ranking of World Universities 2020
    # 4 for Business by Times Higher Education 2022
    # 21 for Business by Academy Ranking of World Universities 2020
    # 28 for Business by Times Higher Education 2022
    # 101 for Business by Academy Ranking of World Universities 2020
    -# 8 for Business by Times Higher Education 2022
    # 76 for Business by Academy Ranking of World Universities 2020
    # 2 for Business by Times Higher Education 2022
    # 4 for Business by Academy Ranking of World Universities 2020
    # 5 for Business by Times Higher Education 2022
    # 101 for Business by Academy Ranking of World Universities 2020
    application#444 Applicants
    # 85 Admissions
    # 19 % Acceptance Rate
    #7324 Applicants
    # 436 Admissions
    # 5 % Acceptance Rate
    #1269 Applicants
    # 200 Admissions
    # 15 % Acceptance Rate
    #2489 Applicants
    # 497 Admissions
    # 19 % Acceptance Rate
    #2546 Applicants
    # 331 Admissions
    # 13 % Acceptance Rate
    #10351 Applicants
    # 941 Admissions
    # 11 % Acceptance Rate
    #4208 Applicants
    # 484 Admissions
    # 11 % Acceptance Rate
    exam scoresGMAT - 681/800
    GRE - 318/340
    IELTS - 7/9
    TOEFL - 95/120
    PTE - 68/90
    TOEFL - 113/120
    IELTS - 7/9
    GMAT - 733/800
    GMAT - 680/800
    TOEFL - 102/120
    IELTS - 7.5/9
    GMAT - 701/800
    TOEFL - 92/120
    IELTS - 6.5/9
    GRE - 320/340
    TOEFL - 90/120
    IELTS - 7/9
    GMAT - 727/800
    GRE - 322/340
    IELTS - 7.5/9
    TOEFL - 109/120
    GRE - 326/340
    GMAT - 730/800
    GRE - 311/340
    GMAT - 720/800
    TOEFL - 90/120
    Admission Criteria/Better to Have

    GPA of 3.3 average and preferably 681 GMAT Score. Average Work Experience required around 5 years.


    GPA of 3.8 average and preferably 733 GMAT Score.Average Work Experience required around 4.7 years.


    GPA of 3.32 average and preferably 680 GMAT Score. Average Work Experience required around 5.4 years.


    -

    GPA of 3.65 average and preferably 727 GMAT Score. Average Work Experience required around 5.3 years


    GPA of 3.70 average and preferably 730 GMAT Score. Average Work Experience required around 4.7 years


    GPA of 3.54 average and preferably 720 GMAT Score. Average Work Experience required around 5 years.


    cost to studyTotal Cost (Tuition + Living) - USD 40752Total Cost (Tuition + Living) - USD 74706Total Cost (Tuition + Living) - USD 70000Total Cost (Tuition + Living) - USD 131684Total Cost (Tuition + Living) - USD 68444Total Cost (Tuition + Living) - USD 73440Total Cost (Tuition + Living) - USD 136107
    Return on Investment/Average Package#Average Salary USD 117492#Average Salary USD 222625#Average Salary USD 126250-#Average Salary USD 140000#Average Salary USD 115000#Average Salary USD 135000
    documents required#Letter of Recommendation + Statement of Purpose#Letter of Recommendation + Statement of Purpose#Letter of Recommendation + Statement of Purpose#Letter of Recommendation + Statement of Purpose#Letter of Recommendation + Statement of Purpose#Letter of Recommendation + Statement of Purpose#Letter of Recommendation + Statement of Purpose
    application datesOct 1, 2021 (Round 1)
    Dec 4, 2021 (Round 2)
    Feb 2, 2021 (Round 3)
    Jan 6, 2022 (Round 1)
    Apr 6, 2021 (Round 2)
    Oct 4, 2020 (Round 1)
    Jan 10, 2021 (Round 2)
    Mar 2, 2021 (Round 3)
    Mar 31, 2022 (Round 1)
    May 25, 2021 (Round 2)
    Jun 22, 2021 (Round 3)
    Sep 24, 2021 (Round 1)
    Jan 14, 2022 (Round 2)
    Apr 5, 2022 (Round 3)
    Apr 29, 2021 (Round 1)
    Oct 1, 2021 (Round 1)
    Jan 19, 2022 (Round 2)
    Apr 12, 2022 (Round 3)
    -Read Full ComparisonRead Full ComparisonRead Full ComparisonRead Full ComparisonRead Full ComparisonRead Full Comparison

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