Stanford University

Stanford Graduate School of Business is ranked at #1 by US World and News ranking body, which makes this B-school quite popular among the students worldwide. The Stanford MBA requirements can be seen as selective as the school wants to recruit the best talent form the world.There were 7,295 MBA applications for Stanford GSB, but only 424 students were given a chance to enrol in the program, which makes up an acceptance rate of 5.8%.Stanford GSB asks for the students to be academically, personally and professionally inclined. Below mentioned are some average scores of the accepted students (MBA class 2026):ParametersData of Stanford GSB Class of 2026Average GMAT Score738Average GRE Quant Score164Average GRE Verbal Score163Average GPA3.75 on a scale of 4.0Average TOEFL Score113  

According to the ranking data published by the US World and News 2024, while Stanford Graduate School of Business ranks #1 in among the best 124 B-schools of the world, Harvard Business School ranks #6 which is substantially lower. The Stanford GSB MBA 2026 acceptance rate is 5.8%, which is lower than Harvard Business School meaning it is comparatively easier for a student to get an offer letter at Harvard MBA than Stanford MBA.The table compares these two best Business schools in depth: CriteriaHarvard Business School  Stanford GSB LocationBoston, MassachusettsSilicon Valley, CaliforniaAverage Starting SalaryUSD 175,000 (INR 1.47 Cr)USD 182,500 (INR 1.54 Cr)Sign-On BonusUSD 30,000 (INR 25 L)USD 30,000 (INR 25 L)Acceptance Rate (Class 2026)9.43%5.8%Tuition (MBA)USD 76,410 (INR 64.5 L)USD 82,455 (INR 69.6 L)Ranking (US World and News 2024)#6#1Placement Rate (MBA Class 2023)86%89% (USD 1 = INR 84.47)

The Stanford GSB MBA first tuition fee is USD 84,830 (INR 71 L), which is a substantial part the total estimated cost which is USD 127,716 (INR 1.07 Cr) for the first year. Stanford offers fellowships as well to help students with the tuition costs.It is apparent from the tables below that the total tuition and fee to complete Stanford GSB MBA can cost an international student around USD 254,432 (INR 2.14 Cr).The table below shows the first year course fee of Stanford GSB MBA courses: MBA Fee ComponentsFirst year fee for Stanford GSB MBASecond year fee for Stanford GSB MBATuitionUSD 84,830 (INR 71 L)USD 83,830 (INR 70.7 L)University FeesUSD 4,670 (INR 3.94 L)USD 4,670 (INR 3.94 L)Living ExpensesUSD 33,804 (INR 28.5 L)USD 33,804 (INR 28.5 L)Health InsuranceUSD 4,412 (INR 3.72 L)USD 4,412 (INR 3.72 L)TotalUSD 127,716 (INR 1.07 Cr) USD 126,716 (INR 1.06 Cr)   (USD 1 = INR 84.47)

Stanford University graduates can expect competitive salaries that vary by degree and career level:Early Career: New graduates typically earn around USD 83,500.Overall Average Salary: The average salary for a Stanford graduate is roughly USD 106,000.Mid-Career: Graduates at the mid-career level earn an average of about USD 161,400.MBA Graduates: In 2023, the average placement package for a Stanford MBA was USD 189,010.Graduate Students: Graduate students at Stanford see an average base salary of USD 56,000 per year, with total compensation ranging from USD 45,000 to USD 69,000 annually.Furthermore, Stanford boasts a strong job placement rate, with 50% of graduates receiving full-time job offers within six months of completing their degrees.

The placement rate for MBA graduates at Stanford University is impressive, with around 89% of graduates securing employment within three months of graduation.¹ This is a testament to the university's strong reputation and the high demand for Stanford MBA graduates in the job market. In terms of salary packages, the average Stanford MBA placement package for the class of 2023 was USD 189,010 or INR 1.6 Cr, with the highest package being USD 250,000 or INR 2.07 Cr in the Finance industry. Top recruiters for Stanford MBA graduates include Google, Apple, Meta, Amazon, NVIDIA, Bank of America, Facebook, McKinsey, and VISA, among others. The university's location in Silicon Valley also provides students with access to a wide range of job opportunities in the tech industry.

 The exact fee for the MS in Aeronautics and Astronautics programme at Stanford University can vary slightly depending on factors like specific courses chosen and any additional fees. However, you can get a good estimate by looking at the following information: Tuition per unit: Stanford University charges a tuition fee per unit for its graduate programs. Currently, this fee is around $1,514 per unit. Units required: The MS in Aeronautics and Astronautics programme typically requires around 45 units of coursework to complete.   Based on this information, you can estimate the total tuition cost to be around $68,130. However, it's important to note that this is an estimate, and the actual cost may vary.Additionally, there are other fees to consider, such as application fees, housing costs, and living expenses. These costs can vary depending on individual circumstances and lifestyle choices. For the most accurate and up-to-date information on fees and costs, I recommend checking the official Stanford University website or contacting the admissions office directly. They will be able to provide you with the most accurate and detailed information regarding the costs associated with the MS in Aeronautics and Astronautics program.