DEFINITION of 'Stanford Graduate School of Business'

Stanford Graduate School of Business, part of Standford University in California, is one of the leading business schools in America. It was founded in 1925 and has one of the highest ratios of applicants to available seats of any business school in the U.S. The school regularly accepts less than 10% of applicants in any given application period. For example, out of 8,173 applicants in a recent year, only 418 were enrolled.

BREAKING DOWN 'Stanford Graduate School of Business'

The Stanford Graduate School of Business (GSB) only offers a full-time MBA program, nothing part-time or online. Students can earn an MBA or PhD in one of seven areas, or even a dual degree in business and one of the following: law, engineering, education, medicine, earth sciences or humanities. GSB is one of only three schools to offer a Sloan Fellows program, the other two are MIT and London Business School. Deemed the Stanform MSx Program, it is offered to candidates who are senior managers or will be a senior manager in the near future. This degree is completed in 12 months because it takes into account the work experience of its fellows.

Another unique feature of a Stanford education is that every student is required to go abroad before graduating, either for a short trip during the school year or for an extended period of time over the summer.

Tuition and Other Costs for Stanford Graduate School of Business

Tuition for full-time GSB students in 2017 was $68,868 per year, which means a grand total of at $137,736 for the two-year degree, not including room and board or books. Factor in these costs, along with required medical insurance and other expenses, and the amount climbs to over $210,000. Fortunately, the average base salary for graduates is $144,455, the highest in the world according to Forbes. In return for this relatively high tuition, students attend classes and reside in $345 million worth of buildings completed in 2011.

Perhaps because of its proximity to Silicon Valley, many GSB students are on the entrepreneurial path, wanting to work in software, technology or internet services. These entrepreneurs have ready access to angel investors and venture capitalist firms.

Recent Rankings

In 2017, U.S. World & News Report ranked the Stanford Graduate School of Business as number four in the nation for business schools and awarded it the number two spot for entrepreneurship, management and non-profit.

  1. Babcock Graduate School of Management

    Babcock Graduate School of Management was theme of the graduate ...
  2. Mays Business School - Texas A&M ...

    The Mays Business School is the business school of Texas A&M ...
  3. The Marshall School Of Business ...

    The business school at the University of Southern California. ...
  4. Tuck School Of Business

    This is one of America's most prestigious graduate schools and ...
  5. Wisconsin School of Business

    The Wisconsin School of Business is part of the University of ...
  6. Kelley School Of Business - Indiana ...

    The Kelley School of Business us the business school of Indiana ...
Related Articles
  1. Personal Finance

    5 Top Business Schools in America

    These schools produce many of the most successful business grads and offer some of the best education in business and management.
  2. Personal Finance

    The Pros And Cons Of Going Abroad For Your MBA

    The U.S. maye dominate business school rankings, but there are many opportunities abroad.
  3. Personal Finance

    Which Business Schools Are the Most Selective?

    Standing out in a sea of exceptionally qualified applicants can be tricky. Here are a few tips on applying.
  4. Personal Finance

    When is Grad School Worth It?

    How to figure whether the payback you get from going to grad school – earnings, lifestyle, career opportunities – is worth the cost.
  5. Financial Advisor

    Is Private School for Your Child a Good Value?

    Parents want their kids to get a good education, but whether or not private school is worth it depends on more than just the cost.
  6. Insights

    Top European MBA Programs: The Short List

    The London Business School is currently ranked second best in the world right after Harvard Business School. These European business schools also offer outstanding MBA programs.
  7. Personal Finance

    Grad School After College: Go Right Away Or Wait?

    Going sooner keeps the education momentum going, but there are times when it pays to wait. Here's how to decide.
  8. Managing Wealth

    Which MBAs Offer A Good Return On Investment?

    There are a lot of factors to consider when selecting a school for your MBA, not the least is when you will see a return on your investment.
  9. Personal Finance

    5 Ways To Fund A College Education

    You can go to college without going broke, but it may take an unconventional approach.
  10. Personal Finance

    What I Learned During the College Selection Process

    Think about your child's future career path and the various ways to pay for college before deciding.
Trading Center