Short Answer – The average GMAT score at NYU Stern Fashion & Luxury MBA is 580-706 for the last entering class. If you score above 580-706, you have a fair shot and you will receive an encouraging response to your profile evaluation from the admission committee.
Long Answer – There is no such thing as a safe score, higher is always better. In our years of consulting experience, we have seen our clients with 640 getting selected into top schools like INSEAD and on the other hand, someone with a 770 getting rejected too. A good benchmark that we advise all our clients to beat is the average GMAT score of the last entering class as mentioned in the Class profile published every year. Scoring above the average gets you a fair shot;
“The higher your score, the better is it for your interview or admission chance.”
If you plan to apply with a score that is below the average, then you are starting a fight with one hand tied behind your back or, let’s say, you are starting a few yards behind your competitors. You can definitely catch up in other sections of the application by writing outstanding essays or performing really well in an interview later. But it is always nice to start ahead of the competitor. A higher GMAT score helps one gain a competitive advantage.
“What if you are from the over represented Indian or Asian Pool?”
The over-represented candidate pool of Indian or Chinese applicants usually goes through a rigorous preparation process for GMAT, with a lot of Indian applicants scoring quite high. Hence, the overall competition and the Average score for this diaspora goes up by a few notches. That is why we recommend candidates within the most over-represented profiles to shoot at least 20 points higher than the school’s class profile average.
The average salary at NYU Stern Fashion & Luxury MBA for the last graduating class was $113,750. 83.3% of the class was employed with 6 months of graduation with majority of class going into General Management (36.4%), Operations (9.1%) and Strategy (18.2%) oriented functional roles.
The Tuition fees for NYU Stern Fashion & Luxury MBA is $37,309 and an additional $50,187 in living cost.
The majority of Stern MBA scholarships are full or half tuition awards. All applicants (domestic and international) are considered. No additional materials are required. Scholarship decisions are made at the time of admission and are final.
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We strongly advise all our clients to have a proper excel sheet or a timetables mapped out.
Once you are done with GMAT the entire application process usually take 4-6 weeks
GMAT / GRE Score
If you are not sure about what score to target then look at the average score of the schools you want and shoot above the average.
Get your profile evaluated from a professional consultant and figure out what schools you can target based on your profile
3-4 weeks at least.
Start writing at least 1 month in advance of their 1st deadline. First application usually takes the longest.
School will notify you and give you roughly 1 week to schedule your interview. Ideally, start your prep ASAP and Do some mock interviews.
NYU Stern accepts the GMAT, GRE, EA, MCAT, LSAT and DAT tests and does not have a preference as to which exam you choose to take. Please view the Standardized Tests section of our admissions website for further details.
Non-matriculated students cannot enroll in Stern MBA courses. However, NYU Stern offers non-credit, two- and three-day Short Courses on the latest management thinking and practices. The NYU School of Professional Studies also offers courses in a wide variety of subjects, such as Finance, Marketing, Management and E-Business.
For students interested in the Langone Part-Time MBA program, the new Online/Modular option allows students to complete the entire program via a combination of online courses and in-person modules. This is not an online MBA, but rather a hybrid approach combining online learning with in-person courses taught on campus in NYC. Please visit the Online/Modular program page for more information. Additionally, NYU Stern offers an online MS in Quantitative Management (MSQM), as well as five online certificate programs. Please visit the MSQM and Online Certificates website for more information.
We are not able to offer one on one appointments with our admissions counselors at this time. However, we offer a tour and information session during the week. If you are interested in the Full-time MBA, Tech MBA or Fashion and Luxury MBA, please check the Visit Stern section of our website for dates and times as well as directions to NYU Stern. These informal sessions last approximately 60-90 minutes and include a friendly on-campus tour led by current MBA students or a member of the Admissions Committee. The tours include detailed information about Stern’s MBA programs, and allow plenty of time for questions and answers. You must register for the tour at least one day in advance. Please arrive 15 minutes early to register with building security and sign in with MBA Admissions (Suite 6-70). All visitors must present a valid photo ID to enter the building. Before confirming your travel plans, please also check below for office closings and information session cancellations.