Posted on

Updates to the 2024 Application from our Executive Director

Lindsay Loyd is the Executive Director for MBA Admissions at NYU Stern. She joined NYU Stern in January 2023 after a 20-year career in financial services.  She holds a Bachelor of Arts in Economics from Washington State University in Pullman, Washington, and an MBA from the University of Chicago Booth School of Business.

Hi, I’m Lindsay Loyd, and I’m excited to announce some key information for the upcoming admissions cycle, and also take this opportunity to introduce myself.

I joined Stern in January 2023 as the Executive Director of MBA Admissions after a 20+ year career in financial services. I’m thrilled to be a champion for the Stern Full Time MBA programs and lead the admissions team as we meet future Sternies each year. I was energized to become part of this community after working with several Stern alumni during my tenure at American Express. This will be my first full admissions cycle, and I’m delighted to share some updates as we gear up for the application launch.

Important Things to Know for the 2023-2024 Cycle

While our applications for the next cycle are not yet open, we’ve announced some key information you should know as you are preparing your candidacy. This spring, we took a comprehensive look at our application process and worked to find ways to make applying easier for prospective students.

New Deadlines

For the upcoming cycle, we’ve expanded our deadlines to give you greater flexibility so that you can apply when it makes sense for you. It’s important to note that our process is a bit different than the more structured “rounds” used by other programs. Our admissions committee reviews applications on an ongoing basis. We don’t wait for a deadline to pass to begin reviewing applications, and most applicants will receive an initial decision notification (e.g., invitation to interview, waitlist offer, or denial of admission) within 8 weeks of applying.

More Standardized Test Optionality

We continue to be test agnostic and accept a wide range of tests. There are no minimum score requirements to apply and we do not have a preference for which test you take. I want to highlight four key points to keep in mind on tests:

  • A standardized test score is required for the Full-Time program and the Fashion & Luxury Focused 1-Year program. 
  • The Andre Koo Tech Focused 1-Year program will be test optional this cycle.
  • We offer a separate test waiver application for anyone who is unable to prepare for or take a standardized test, but can demonstrate academic readiness through prior academic and/or work experience. 
  • Your test options include the GMAT (both current and Focus Edition), GRE (both current and new), EA, MCAT, LSAT, and DAT.  

One EQ Endorsement

To further streamline the application process, we’ve also reduced the number of EQ endorsements required from 2 to 1. This EQ endorsement should come from your current supervisor. You have the option of submitting additional EQ endorsements, but I encourage you to be judicious and consider whether additional endorsement(s) add significant value and/or a different perspective to your candidacy. A tip on EQ endorsements – start thinking about who you want to write in support of your application and set up a meeting with this person. Do this early so your endorser has time to prepare. 

Continued Commitment to a Holistic Review Process

What hasn’t changed for this cycle is our interest in getting to know you through the application. We have a chance to learn about you academically, professionally, and personally during this holistic review process. Our essay questions remain largely unchanged from last year, so you can start thinking through those now. We find that your answers to these essay questions provide incredible depth and insight into your experiences, goals, and motivations. We look forward to meeting the whole ‘you.’

Why Now is a Great Time to Get an MBA

It’s been almost 20 years (!) since I was in your shoes: studying for the GMAT, researching MBA programs, lining up endorsements from current and former supervisors, and starting to write application essays. It feels like not nearly that long ago, yet I appreciate the big picture view that time span affords. No matter when you decide to apply, the Stern MBA will have value long after graduation.

Investment in Yourself 

Pursuing an MBA full-time is a big investment of time and money, and I firmly believe it’s one of the smartest long-term investments you can make in yourself. I’ve seen first-hand how it can significantly change the trajectory of your career, help you weather economic storms, and create career optionality, not just in the short-term, but throughout the course of your life. This is still true today. Take a look at our employment report to see the ROI of the Stern MBA. 

Versatility for Your Entire Career Journey 

My MBA experience allowed me to try an industry and functional career switch with my summer internship. It then helped facilitate a move back to the financial services industry, but at a higher level, in a new geography, at my dream company, and in my preferred functional area. It set me on a course to grow laterally and rise up the ranks at that company.  And when it was time to make a midlife pivot for a “second act” career, my MBA experience and network helped me navigate my way to Stern to lead the Full-Time MBA Admissions team.

At Stern, you’ll take core business classes that will help you build foundational skills that are broadly applicable across various industries and functions. You’ll also be able to customize your MBA experience with over 200 electives and seemingly endless opportunities for experiential learning. You’ll be part of the vibrant NYU community in the heart of NYC. You’ll be just a short subway ride from many prospective employers, a wide array of industry resources, and a vast network of Stern alumni ready to pay it forward. As a Stern alumnus, you’ll continue to have access to the support of the Careers team and have the ability to audit classes, so you can stay at the top of your game as your interests and the job market evolve.

Meet Your Future Forevers

I also made some great friends during my MBA, and in fact, met my best-friend-now-husband while setting up a fantasy football league for our b-school classmates. During your MBA experience at Stern, you will create friendships and a professional network that will be with you long after you graduate. I cannot promise that you will find your life-partner, but your MBA experience will last a lifetime. 

My husband and I during business school!

If this all sounds good to you, I hope you’ll consider applying to Stern. If you feel you are ready, don’t wait. If you aren’t sure, know that we’ll be here to help you along the way.

Be the First to Know When the Application Goes Live

Sign up here to receive more information about Stern direct to your email inbox, including notification of when our applications for the 2023-2024 cycle are live.

We also offer many virtual and in person opportunities to learn more about Stern. Join us in person on campus for a information session and tour, or at one of our many stops around the world this summer. We also offer virtual “Ask A Sternie” coffee chats with current students, virtual information sessions.

Best wishes as you begin the first steps of your MBA journey!

Posted on

The Value of EQ

Matthew Moll is a Director of MBA Admissions on the digital marketing team. Outside of Admissions, Matthew and his partner are usually trying to convince their rescue dog Lentil to make new friends.

IQ + EQ is one of the core values that defines the NYU Stern community experience. Sternies join the MBA to hone their knowledge and IQ. Similarly, Sternies are committed to looking honestly at their EQ – their emotional quotient or emotional intelligence. How do we improve as leaders? When do we step back and support? What can we do to address challenges differently? These are only a few of the questions our students consider as part of their MBA journey.  

Much like how there isn’t one ‘type’ of candidate who is admitted to the program,  there is not a single set of EQ traits we see thrive at NYU Stern. What is common is that students who challenge themselves and self-reflect are able to benefit from and contribute to the NYU Stern ecosystem. 

Let’s explore the value of EQ and how EQ is part of our admissions process.

The value of EQ

Building community – EQ is foundational to our evaluation process during our assessment of candidates. The many ways candidates express EQ become part of what makes each class its own special unit. If the community is a tree, EQ is like nutrient rich topsoil that provides the needed fuel for a sapling to flourish. EQ is part of what drives and sustains a strong community. The students, faculty, and administrators are all invested in the people around them which is crucial to building community.

Employers see the value of EQ – Our focus on EQ is not only to level-up the student experience and foster people-first and team oriented values. We regularly hear from employers that they emphasize EQ during the hiring process and NYU Stern students have the tools needed to excel in the modern, evolving workplace. The numbers support this. We continue to see record compensation and employment by Sternies.

Sternies pay it forward – The ROI of the Stern MBA goes beyond your first pivot into your new career, in part because the need for EQ does not end at graduation. The collaborative student experience is woven into the Sternie DNA, which then translates into a ‘pay it forward’ mentality for both students and alums.  

Where you have a chance to express your EQ during the application process

Below are some of the places where you can highlight your EQ as a candidate.

Pick 6 Essay – Each essay gives you the space to showcase your EQ, but the Pick Six is the most obvious. We can literally see your personality outside of your academic and professional achievements. This is a blank canvas for you to show the Admissions Committee some of the ways you will interact with your peers. Read our blog post for more on the Pick 6.

EQ Endorsements – This is our first opportunity to learn more about you from another source. Recommendations are like a quasi-omniscient narrator’s voiceover that gives us insight into the storyline of your career; how you performed under pressure, showed up for your teammates, or navigated the everyday challenges of professional life. 

 We encourage you to reflect on how you express EQ by reviewing the IQ+EQ specific question (below). 

IQ+EQ is a core value of NYU Stern, and we seek exceptional individuals who possess both intellectual and interpersonal strengths. Emotional intelligence (EQ) skills such as self-awareness, empathy, communication and self-management are at the core of our community of leaders. Please provide one specific and compelling example to demonstrate the applicant’s emotional intelligence.

You can review all the questions we ask endorsers on our website. Get tips on the EQ Endorsements on our blog.

Interview – This is how we see your EQ in action! If you are invited to interview with us you will meet with someone who has reviewed your entire application. We want to have a conversation and get a sense for how you will spend your time on campus as a Sternie. Take a look at our interview tips.

EQ for you

These are some of the ways EQ is part of the application and where you can highlight your EQ to our team. However, the process of applying is also an opportunity for you to think deeply about how you will engage at NYU and be a lifelong learner of both IQ and EQ.

Posted on

Acing your NYU Stern Interview

Adam Smith is a Director of MBA Admissions. Adam has worked on our Operations team for over 9 years and is a graduate of the Langone Part-time MBA. Outside of work, you are most likely to find him playing or watching tennis!

 

We get questions about interviews at every stage of the candidate life cycle. Whether you are still deciding where to apply or if you are putting the final touches on your Pick 6, this post should give you the knowledge you need and some insider tips on how to set yourself up for success.

The basics

Let’s start with logistics.

How and when: Interviews are by invitation only. If you are invited, you will hear by the notification date that aligns with when you submit your completed application.

Who: Members of the Admissions Committee meet with candidates during Stern interviews.

Where: Currently we are conducting interviews virtually via Zoom.

For more: Details

AdCom Tips

Review what you submitted before your interview

NYU interviews are not ‘blind,’ which means your interviewer will have fully reviewed your application. Take time to reread your essays, check in on your goals, etc. You want to be prepared to talk about anything you included in your application, like the ballroom dance classes on your resume as well as your recent promotion. This way you are not only ready to meet with someone from Stern, but also to remind yourself why you were excited to attend NYU!

Have a conversation

This is an opportunity to share more about you. We want to get to know you! If there is anything that you feel you were not able to highlight in your application, bring it up. This is your chance to dig deeper. We want this to be a conversation and a chance for you to get to know us better as well.

This is your time

Don’t be shy about asking questions. We know you have them! We want to make sure you have as much information as you need when making your final decision. The interview is one piece of our holistic review process, but we know you are also considering the next step in your journey. We want you to feel informed about all things Stern.

Finally

Interviews are a good thing! This means you advanced to the next step of the process. While we will meet with more candidates than we can admit, we are excited about each of these interactions. We are committed to creating an environment where you can do your best and leave knowing a little more about Sternie life.

This was mentioned earlier, but it is worth saying one last time. We want to get to know you! Really!

We can’t wait to hear from you.

Posted on

Your Stern Interview: Tips from a Student

Chris Cognetta is an MBA2, specializing in Tech Product Management, Entrepreneurship and Innovation, and Brand Management. Prior to Stern, Chris worked at Charles Schwab. This summer, Chris interned at FTI Consulting as a Technology Consultant and will be returning next year. Additionally, Chris is involved in SGov, Stern Technology Association, Gaming and eSports Management Society, Stern Follies, SpeechMasters, and European Business Society.

I remember the moment I found out I was going to interview for the Full-Time MBA program at Stern. I was in the middle of a work meeting and received an email explaining I was invited to an interview. The anxiety immediately settled in, followed by questions such as “I haven’t interviewed in years, how well will I do?” and “Is my story good enough?”

I enlisted the help of my father (who had no idea what he was getting into) and gave him a list of typical MBA interview questions to ask me over repeated video calls. He would later tell me how much he hated hearing me repeat the same answer to him over and over again. But I needed the practice. When I answered a question that felt stiff or didn’t easily roll off the tongue, we went back to the drawing board to rework my answers. I found that the more honest I was about my experiences, the easier it was for me to answer the questions.

The actual day of the interview finally rolled around. I spent most of the day before rearranging my bedroom to optimize the natural lighting from my window and clear any distractions from my background. I practiced breathing exercises until I logged into the Zoom meeting and awaited my interview with nervous anticipation.

My interview began. We started off with a friendly conversation before she made a funny reference to my Pick 6 application (I had included an image of Spider-Man). These actions immediately put me at ease, so much so that during some of the questions, I included funny details about my work that my father recommended I leave out of my answers. It was an easy and pleasant conversation, one that I didn’t realize ultimately ended sooner than I had thought. My first MBA interview was done, and it wasn’t the nightmare I had anticipated.

Through my experience, there are a couple of learnings that I think, you, as a prospective student can use to ultimately make your NYU Stern interview successful:

1. Be your authentic self

Probably the most important item on this list because Stern is aiming to build a diverse student body. The Admissions Committee can’t achieve this if everyone is trying to act like a stereotypical business student. Show the interviewer your true personality, tell authentic stories, and let them get to know the real you. It’s a lot easier to remember stories that actually happened and to share the excitement or learnings from those experiences.

2. Practice, practice, practice

Enlist a family member, friend, or colleague to conduct a mock interview with you so that they can hear your answers. Even if they don’t provide feedback, practicing answering the questions will allow you to spend less time thinking about the words, and to have your stories sound more coherent.

3. Review your application

The Admissions Committee member who interviews you will have just read your application, and they will ask you questions on what you wrote. It’s a smart idea to review your application so you can speak to the major points you mentioned in your application.

4. Feel confident going into the interview

Finally, remember to show up confident in yourself and your abilities to the interview. Not everyone makes it to the interview stage of the application, so you should feel confident about yourself for making it this far. Show the Admissions Committee why you would be a good NYU Stern MBA Candidate and feel assured about your answers.

Best of luck to you on your interviews!

Posted on

Now That You’ve Applied

Arthur is an MBA2 specializing in Strategy and Entertainment, Media and Technology. In addition to serving as a Graduate Ambassador, he is also a VP of Academics and Case Competitions for the Entertainment, Media and Sports Association (EMSA) and a Teaching Fellow for Pr. Matthew Lee’s core course, Strategy. Born in Dayton, OH, he has lived in New York City for the past 6 years and loves living in the city. He graduated with a BA from Boston College in 2013 and spent the majority of his pre-MBA career in client services roles at GLG. He will be joining ZS Associates full time after graduation after serving as a summer intern at the firm.

Now that application deadlines for the next cycle are past due, I thought I’d share my reflections about what to do now if you’ve submitted your application and are making your final decision. These are not just from my own perspective, but based on questions that I have received from prospective students in the midst of decision-making.  

  • I’ve applied to Stern and have not yet heard back – what can I do to help my candidacy? 

Honestly – not a lot! Admissions will review your application in due time, so give yourself a chance to relax and have confidence in the work you put into it. The best use of time until you receive an update from admissions could be to continue your research into Stern. What sorts of classes or programs might you want to take advantage of? If there is something you can’t find out on the school’s website, consider taking a look at club websites (professional, affinity or social) and reaching out to the VPs of Admissions of clubs to get a student’s perspective on membership. 

  • I’ve been waitlisted – what do I do now? 

This one is close to my heart – I was waitlisted after applying in Round 1 and was eventually granted admission. First, although it might sound difficult, give yourself some credit – being waitlisted is not bad news! 

My best advice plays into an idea on which Stern places a lot of emphasis – EQ (Emotional Intelligence). One part of having a high EQ is self-awareness. So if you’re on the waitlist, be self-aware about what you can improve on your application, and focus on what you can control. Things like your past experiences or undergrad GPA are set in stone – those things cannot change. Even your professional experience, while ongoing, can only change so much in the course of a couple of weeks or months. Some things you could consider – retaking a standardized test (if you think you can achieve a higher score), enrolling in an online course (MBAMath, Coursera, etc.), or participating in volunteer opportunities (through work or on your own). Don’t try to improve simply for the sake of improvement though – make decisions as an authentic extension of the story you told in your application. 

Finally, be sure to keep the admissions team updated. If there is something new worth sharing (maybe a new test score or an exciting new promotion at work), be sure to share these in the waitlist portal so that they are included in your application’s next review. 

  • I’ve been given an interview – how should I prepare?

Two things to keep in mind: 1) whereas other schools may leverage current students or alumni to conduct interviews, all Stern interviews are conducted by a member of the admissions team and 2) they are NOT blind – interviewers will have reviewed your resume and application in full ahead of time. 

This is a good thing! This means you get to speak with a trained professional and someone who is passionate about making Stern the best place it can be. To echo prior points of advice, be confident in your story and bring your authentic self to the interview. You were given an interview for a reason, and that is the person they want to speak to. 

A couple themes that may come up: your previous experience (personal or professional), why you want to pursue an MBA, why Stern, why New York City, EQ and what class/programs you are excited about at Stern. Also, (and this goes for an interview you participate in): if it is on your resume, be prepared to speak to it. 

  • I’ve been admitted to Stern in addition to other great schools – how do I decide? 

I hesitate to even give advice to this one because it is so intensely personal. Where you decide to go is an undoubtedly big decision, but remember it is unique to you.

Stern is wonderful for a variety of reasons – if you didn’t think that, then you probably wouldn’t have applied. But while it was the right choice for me, the same may not apply to you for a wide variety of reasons. Again, give yourself credit for the achievement (not everyone gets into multiple top business schools) and make the decision that is best for you, your family, and your future. 

  • I have been rejected from Stern – what now? 

Rejection stinks– as someone who has experienced constant rejection through the business school journey (from other schools as well a list of potential employers), I empathize. 

There is also a process for re-applying to the Full-Time, 2-year program. Regardless, the first thing I’d say echoes my advice for the waitlist – leverage your EQ and be self-aware regarding what can be improved about your candidacy. Then, put together a plan on if and how those things can be improved upon by the time you plan to re-apply. 

Finally, take some time to reflect on whether or not the Full-Time program is the right path for you. There is more than one way to crack an egg – the Part-time, Executive MBA, and One-Year Full-Time programs are all amazing options to consider moving forward, depending on your goals. Researching those programs’ websites, attending admissions events, and speaking to students in those programs are the best ways to learn more about them. 

————————————–

These are but a few of the questions that have been coming my way – always know, if you need a question answered about these or other questions, that the admissions team and Graduate Ambassadors are here to help! Godspeed!