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FAQs

 

Frequently Asked Questions

What are the requirements for applying to the NYU Stern Executive MBA Program?

In order to be considered for admission, you must have a bachelor's degree or equivalent and at least six years of full-time work experience upon submission of the Pre-Application.

You may apply to only one NYU Stern MBA program per admissions cycle (Full-time, Part-time, Executive or TRIUM Executive). If not admitted, you can apply to any NYU Stern MBA program for any subsequent admissions cycle.

What is the difference between Stern's Executive MBA Program and Stern's Langone Part-time MBA Program?

In the Stern Executive MBA program you earn the same MBA degree as the Stern Full-time and Part-time students. However, the curriculum delivery and MBA experience in the Stern Executive MBA program is designed specifically for seasoned executives.
 

Features Executive MBA Langone Part-time MBA
Average Age/Work Experience 38; 14+ years work experience 28; 5 years work experience
Program Delivery Take classes with a cohort every other week on Fridays and Saturdays; 22 months to complete 2 ½ - 6 years to complete
Unique Features Two required Global Study Tours Offers weekend-only and Westchester campus options
Sponsorship Required for time out of office None required

Can I apply to Stern's Langone Part-time MBA Program and Stern's Executive MBA Program at the same time?

No. You can apply to only one Stern degree program per admissions cycle.

I already have an MBA. Can I apply to the Executive MBA program?

Yes, you can apply. Please, explain your reasons for pursuing a second MBA in your application and during your interview.

What are the key deadlines in the admissions process?

Class Start Early Deadline Final Deadline
August March 1 May 1
January October 1 November 1

This is a selective and competitive program, and we encourage you to come in for an interview and submit your formal application as soon as possible. Applications are reviewed on a rolling basis once they are complete. You should submit all parts of your application by the earliest possible date.

Contact the Admissions Office with any questions regarding your application. You can reach us by phone at 212-998-0789, or by email at executive@stern.nyu.edu.

Do I have to take the GMAT or GRE?

The NYU Stern Executive MBA program does not require GMAT or GRE scores to complete the Formal Application. However, you must demonstrate sufficient quantitative or academic preparedness in your application, either through prior coursework, professional experience, and/or certifications. If you do not feel you can provide adequate proof of your quantitative abilities, you may wish to consider submitting GMAT or GRE scores or enrolling in a quantitatively focused non-degree course.

Are applicants who don't take the GMAT or GRE at a disadvantage in the admission process?

Each application will receive a holistic and thorough review, regardless of whether it contains a GMAT or GRE score. In some cases, we may request a GMAT or GRE score as part of the application when an applicant's transcript(s) or work experience do not demonstrate sufficient quantitative or academic preparedness. However, those who voluntarily submit a GMAT or GRE score do not have a better chance of gaining admission than those who do not.

How can I strengthen my application?

Applicants who wish to strengthen the academic component of their applications, or further demonstrate quantitative preparedness, are encouraged to take one or more non-degree courses prior to completion of the Formal Application. Courses in the following areas are recommended:

  • Statistics
  • Accounting
  • Finance 

Courses should be taken at an accredited college or university, and can be classroom-based or online.

Can I sit in on a class?

Yes. There is no better way to see what the NYU Stern Executive MBA experience is really like than by sitting in on some of our classes. After your interview, you can request to sit in on classes with one or more of our current students so you can experience the classroom dynamics firsthand.

Are the international and domestic residencies required?

Yes. The two required Global Study Tours are integral parts of our program's curriculum (each is a three credit course), and they offer you the unique opportunity to learn and study in markets around the world. The cost of international residencies (except for roundtrip airfare from New York to the country of study, any required visas and other nominal expenses) is included in the program's fees and tuition. A domestic residency, held at a hotel/conference center in Westchester County, NY, launches the first week of the first academic year. This residency includes classes and team-building activities. 

What career services are available to Executive MBA students?

Stern equips you with the tools and knowledge needed to effectively manage your career progression. As an Executive MBA student you have access to Stern’s Career Center for Working Professionals (CCWP) and our dedicated Executive MBA Career Advisor. As a graduate of the program you continue to have access to Stern's Career Center for Working Professionals (CCWP) for the rest of your career.

How much does the Executive MBA program cost?

Tuition and fees for students beginning the program in August 2013 and January 2014 are $163,000.

The total amount will be payable as follows: $5,000 non-refundable tuition deposit due immediately upon acceptance, with the remaining balance divided into four equal semiannual payments due on July 15 and December 15 of each year of the program.

The cost includes all fees, books, study materials, meals on class days, teaching assistants for selected courses, and residencies. Travel costs to and from the two Global Study Tours are not included, and students are responsible for airport transfers abroad on arrival and departure days, as well as any incidental costs (passports, visas, etc.). 

What does “sponsorship” mean?

Because our program requires you to be out of the office two Fridays a month for 22 months and for three one-week residencies (one domestic, two international), your employer must sponsor you for the time away from work. Sponsorship can also refer to financial support that an organization may offer to its employees for the program; however financial sponsorship is not required for our Executive MBA program.  Please see the Sponsorship section of our website for more detail.

How do I negotiate sponsorship?

Every organization is different, so we recommend discussing your individual situation in detail with an Admissions Director when you come in for your interview. Our Admissions Directors can guide you accordingly.

What loans, grants and scholarships are available to help me finance my Executive MBA? 

Executive MBA Program Scholarships

The NYU Stern Executive MBA program offers a limited number of scholarships each year to applicants receiving minimal or no financial sponsorship. Recipients will be selected by the Admissions Committee on a merit basis. If you wish to be considered for a scholarship, please submit the Optional Scholarship Essay when you complete the Formal Application for admission. A separate essay for each of the above scholarships is not required as the scholarships are awarded based upon the same criteria. You are eligible to receive only one program scholarship.

Yellow Ribbon Program

NYU Stern is pleased to participate in the Yellow Ribbon Program. This program is available to veterans of the U.S. Armed Forces who are 100% eligible for the new Post 9/11 GI Bill. During the 2012-2013 academic year, Stern will contribute up to 25 scholarships of $10,000 per year to MBA students. The Veterans Administration will match these funds for a total award of $20,000 per year. Yellow Ribbon recipients will receive the funds for the duration of their MBA tenure.

Please visit the Department of Veterans Affairs website for additional information on eligibility. 

Financial Aid

In addition to the scholarships above, there are many federal and private loan programs available for Executive MBA Students. Please visit Stern's Financial Aid website to learn more. 

When are payments due?

Tuition and fees for students beginning the program in August 2012 and January 2013 is $157,000.

The total amount will be payable as follows: $5,000 non-refundable tuition deposit due immediately upon acceptance, with the remaining balance divided into four equal semiannual payments due on July 15 and December 15 of each year of the program.

Am I eligible for a student visa while studying in the Executive MBA program?

The NYU Stern Executive MBA program is considered part-time study. Part-time study does not provide student visa eligibility. Applicants are responsible for determining whether they have the necessary visa status to participate in the duration of the 22 month Executive MBA program.