Stanford is known as a haven for innovation, sustainability, and the pursuit to “change the world,” and therefore attracts students interested in sustainable business and social ventures. Due to its proximity to Silicon Valley, the school fosters innovative ideas by attracting phenomenal speakers & guest lecturers and providing students with opportunities to undertake projects with startups. The Graduate School of Business (GBS) keeps class sizes small, encouraging students to build strong connections with one another and to focus on collaboration rather than competition.
Since the GSB endeavors to foster strong relationships and to reduce competition among its students, there’s a strong emphasis placed on group rather than individual work. This culture of collaboration is also fostered by the grade non-disclosure policy, where Students aren’t allowed to share their grades and recruiters aren’t allowed to ask. Professors are granted flexibility in terms of teaching style, so Haas promises a variety of approaches to the MBA education. While around half of the classes will employ the case method, other methods will include learning labs, problem solving sessions, lectures, and group projects.
Of all the top tier MBA programs, the GSB has the fewest number of students who pursue “traditional” MBA professional endeavors. Around 30% of the class tends to take a position in tech, and a large number pursue opportunities in the nonprofit or public sector. With over 15% of the class of 2015 entering private equity or venture capital, GBS outpaces any other business school for placement into these highly selective fields. While many business schools encourage students to enter the workforce before starting their own business ventures immediately after graduation, GBS provides support and resources for students acting on their entrepreneurial spirits. Still, a significant number of graduates do pursue finance, product management, consulting or marketing roles. With an average salary of $133,406, Stanford grads boast the highest average post-graduation salary of any of their MBA holding peers.
About half of GBS first year students live on-campus making it one of the few programs to offer an experience with an immersive, tight-knit residential campus experience and community. Stanford’s campus is revered for its beauty and state-of the arts facilities. Students will enjoy innovations to campus including the esteemed Knight Management Center, newly erected in 2011. The building features solar panels on every rooftop and incorporates classrooms, cafes, meeting places, student services, the Stanford Venture Studio for aspiring entrepreneurs, and much more.
Stanford GSB frequently tops the chart as the most selective MBA program in the world, with an acceptance rate of 6-7%. The high incidence of students pursuing a joint degree contributes to this fact. Since around 20% of the class is comprised of students who have already been admitted to a different (and highly selective) program at Stanford, these students have stronger chance for admission than the general population. Applicants are required to write two essays: