Stanford GSB: Ratings, MBA Program Focus, Career Opportunities

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Stanford University Graduate School of Business, also known as Stanford GSB, was founded in 1925. Thanks to its programs, Stanford GSB has a reputation as a world leader in the field of management education. The university is located in Stanford, California, with more than 11,000 students on campus and a campus area of about 8,180 acres. Stanford GSB offers Full-Time Degree Programs: MBA, MSx, and PhD, as well as Non-Degree & Certificate Programs: Executive Education Program, Online Programs. Stanford GSB offers an individualized career plan for its students through the Stanford Career Management Center, which provides the necessary educational resources, individual counseling, and appropriate connections (gsb.stanford.edu).

Stanford's two-year MBA program focuses on general management, with more than 60 different courses focused on innovation and entrepreneurship. The first year program consists of core courses including ethics, management, finance, leadership, simulation modeling, marketing, macroeconomics, human resources management, etc., as well as 1-2 electives designed to solve complex problems, providing students with general management skills and global experience.

The sophomore program is focused on electives, and Stanford also offers dual degrees, seminars, and courses at other Stanford schools. Faculty topics may include accounting, strategic management, political economy, leadership, etc. In addition, two-week courses are offered to deepen knowledge in certain business fields, and courses outside of Stanford GSB, so they can gain knowledge and experience in fields such as public policy, energy, manufacturing, design, health care, and others.

Stanford GSB is at the top of various ranking lists. In particular, the QS World University ranking ranks Stanford GSB first among the best business schools. From 2018 to 2020, Stanford has moved up in the USNews rankings from #4 to #2. A positive trend is also observed in the Bloomberg Business Week MBA ranking - from 2017 to 2019, Stanford GSB improved its position from 5th to 1st place. Stanford also moves up from #2 to #1 in the MBA - Business school rankings from the Financial Times from 2017 to 2019.

And now about how an MBA from Stanford University impacts one's career.

According to Stanford's Summer Internship Report 2020, the average monthly salary was $7,477. Internship statistics by major function are as follows: 37% in consulting, 29% in finance, 23% in marketing, 3% in general management, 2% in operations/logistics and 7% in other.

91% of Stanford MBA students received job offers within three months of graduation. The average salary for Stanford GSB graduates is $150,000 and the average bonus is $25,000. Most graduates, 35%, work in consulting, 31% in finance, and a smaller percentage, 18%, in marketing/sales, 9% in general management, 1% in operations/logistics, and 5% in other.

By Dorothy Taylor