Stanford Graduate School of Business (Stanford GSB or GSB) is the business school of Stanford University, located in Stanford, California. Known for its high selectivity, it admits only about 6% of applicants, making it the most selective business school in the U.S. for several years. It has bagged a second rank in the QS World University Rankings – Masters In Management.GSB has demonstrated impressive placement records over the years. Gaining a comprehensive knowledge of employment records will help you visualise your career trajectory after graduating from this elite institution. We have compiled the placement records of the last three years shedding light on the medium salary received by candidates, top recruiting industries, and top locations where students got recruited.
Stanford Graduate School of Business Placement Records 2022-23
Out of the 411 MBA graduates, 62% (256 graduates) were actively seeking employment, while 37% (152 graduates) were not. Of those not seeking employment, 7% (30 graduates) were company-sponsored, 3% (11 graduates) pursued further education, 25% (101 graduates) were starting their own businesses, and 2% (9 graduates) were not searching for other reasons. A small percentage (less than 1%) postponed their job search, and information was unavailable for 1% (3 graduates).
Salary Received by Students
The median salary for graduates stands at $182,500, while the mean salary is slightly higher at $189,010. In addition to their salaries, graduates also received signing bonuses, with the median bonus amounting to $30,000 and the mean bonus reaching $42,249.
Top Recruiting Industries
Stanford University MBA graduates are well-positioned to enter a variety of thriving industries. The breakdown of employment across sectors is provided here:
- Finance: 38%
- Technology: 24%
- Consulting: 15%
Top Locations where students got recruited
The distribution of full-time job acceptance locations among graduates reveals a significant concentration in North America, accounting for 93% of placements. Within the U.S., graduates are primarily located in the West (50%) and Northeast (31%), with smaller percentages in the Midwest (3%), South (3%), and Southwest (3%). Other regions include Asia, Australia, and Oceania (2%), South America (2%), and Africa, Europe, Latin America and the Caribbean, each at 1%. Additionally, placements in Canada are less than 1%.
Stanford Graduate School of Business Placement Records of 2021-22
Among the 462 graduates, 67% (309 individuals) are actively seeking employment, while 32% (146 individuals) are not. Within those not seeking jobs, 7% (33 individuals) are company-sponsored and already employed, and 3% (13 individuals) are pursuing further education. Additionally, 19% (86 individuals) are starting their own businesses, while 3% (12 individuals) are not seeking employment for other reasons. A small percentage (less than 1%) have postponed their job search, and there is no recent information available for 2% (7 individuals).
Compensation Package Received by Students
The base salary for graduates reveals a median of $175,000, while the average (mean) salary is slightly higher at $182,272. In addition to their salaries, graduates often receive signing bonuses, with the median bonus amounting to $30,000 and the average (mean) bonus reaching $33,684.
Top Recruiting Industries
The demand for MBA graduates spans several key industries, showcasing the diverse opportunities available to them. Check out the top recruiting industries hiring Stanford business school graduates.
- Finance: 33%
- Technology: 30%
- Consulting: 15%
Top Locations where students got recruited
The majority of job placements for graduates are in North America, accounting for 96% of positions, with specific regions such as the West (58%) and Northeast (26%) being the most popular. Smaller percentages are found in the Midwest (3%), Southwest (3%), Mid-Atlantic (3%), and South (2%). Internationally, Europe accounts for 3%, while Asia and Latin America & the Caribbean each represent 1%. The median base salary in the U.S. is $175,000, with a mean of $183,387. For positions outside the U.S., the median salary is $150,000, with a mean of $159,189. Compensation figures exclude students who are company-sponsored (7%) or starting a business (19%).
Stanford Graduate School of Business Placement Records of 2020-21
Among MBA graduates, 65% were actively seeking employment, with 66% of those holding permanent work authorization and 63% of those with non-permanent work authorization. Meanwhile, 31% of graduates were not seeking employment. Of those not actively looking for jobs, 8% were company-sponsored, and 3% were continuing their education. Additionally, 18% had started their own businesses, while 2% had other reasons for not seeking work. A small percentage lacked recent information, comprising 3% of graduates with permanent authorization and 6% with non-permanent authorization, bringing the total number of graduates to 379.
Compensation Package Received by Students
The median salary is reported to be $158,400, while the average salary stands at $161,831. In terms of signing bonuses, the median amount is $30,000, with the average bonus slightly lower at $29,148.
Top Recruiting Industries
The top recruiting industries recruiting graduates of Stanford Business School in the academic year 2020-21 were as follows:
- Finance: 33%
- Technology: 29%
- Consulting: 18%
Top Locations where students got hired
Most graduate job placements were located in North America, making up 93% of the total. Within North America, the West led with 56%, followed by the Northeast at 22%. The Midwest, Southwest, Mid-Atlantic, and South had smaller shares at 7%, 2%, 4%, and 2% respectively. Europe represented 3% of placements, and Asia accounted for 1%.