Stanford published data about the makeup of its MBA class who have currently embarked on their studies. The data shows that the number of applications decreased by 9% this year (only 6,618 applications were submitted for this year’s class compared with 7,204 last year), while a decrease of only 4% was shown at Harvard and 5.7% at Wharton.
In terms of their career backgrounds, only 16% of students come from consulting (as opposed to 21% at Harvard and 22% at Wharton), a decrease of 20% and the lowest number in the last six years. On the other hand, the class shows an all-time high of 13% of students from non-profit backgrounds- including social enterprises, government, or military. Twenty-eight percent of students have a finance background. The average length of prior experience is 4 years, with a range of 0-18 years.
In terms of their B.A.s, 45% of students hold undergraduate degrees in the humanities and social sciences, 35% in engineering and life sciences, and 20% in business.
The data also show a drop in the number of female students at only 35%, compared with record highs of 45% at Wharton and 39% at Harvard. International students from 56 different countries represent 38% of the current Stanford class.
The average GMAT score rose 3 points to 731 for the current class, preserving Stanford’s status as the MBA program with the highest average GMAT score in the world (compared with 730 at Harvard and 720 at Wharton). The GMAT scores range from 530-790.