Which are the top STEM MBA programs in the US? What kind of specializations do these institutes offer? What is the average GMAT/GRE score of batches at these top-notch management institutes? What kind of salaries can one expect to receive post-graduation? This is a break-down of the batch profiles and employment statistics at business schools like the Yale School of Management, the Booth School of Business, NYU's Stern School of Business and others offering STEM MBA programs, or STEM-certified specializations that can allow you to work in the US for a maximum of three years post graduation.
What Is STEM? Which Fields Are Included In STEM?
STEM stands for Science, Technology, Engineering and Mathematics, and is a degree designation authorized by the Department of Homeland Security (DHS) of the US Government that allows international students to stay and work in the United States for up to three years post-graduation.
Fields that considered STEM by the US Government include Management Science, Business Statistics, Quantitative Methods, Mathematics and Computer Science, etc.
Understand the STEM process better, know more details about the Optional Practical Training period, and find out the costs of pursuing a STEM-MBA from the world's top business schools by referring to this guide.
The following are important batch profile details and employment statistics for top business schools offering full-time MBA or STEM-certified MBA specializations in the US. These business schools include preeminent b-schools like the University of Chicago's Booth School of Business, Kellogg School of Management at Northwestern, the Yale School of Management, Haas School of Business at Berkeley, and other management institutes that find themselves amongst the
top-100 global business schools as ranked by the Financial Times.
Top STEM MBA Programs - University of Chicago: Booth | Batch Profile, Employment Statistics
STEM Program Offered - Full-Time MBA with STEM-certified concentrations in Analytic Finance, and Business Analytics.
The following is the class profile of the batch of 2021 at the Booth School of Business, University of Chicago:
- On average, the 593 strong class of 2021 at the Booth School of Business has scored a 730 on the GMAT, with a scores ranging from 610-790.
- On average, candidates applying through their GRE scores (13%) have scored 163 on 170 in VR, and 164 on 170 in QR.
- The average age of the batch stands at 28 years, and the average work experience stands at 5 years.
- 31% of the batch comprises international students, most of whom hold the passport of an Asian country.
- 20% of the batch comprises engineering graduates, while 51% of the batch comprises Business Studies or Economics graduates.
- 25% of the batch has previous work experience in Consulting, while 21% of the batch has previous work experience in the Financial Services industry.
In terms of employment, the Class of 2019 has reported earning a median base salary of $145,000, which is amongst the highest across top business schools. The most sought-after functions were Finance, Consulting and General Management, in descending order of the percentage of graduates opting for these functions within 3-months of graduation.
Read more about the STEM MBA program at Chicago Booth here.
Top STEM MBA Programs - Northwestern University: Kellogg | Batch Profile, Employment Statistics
STEM Program Offered - Full-Time MBA with STEM-certified major in Management Science.
The following is the class profile of the batch of 2021 at the Kellogg School of Management, Northwestern University:
- On average, the 474 strong batch of 2021 has scored 730 on the GMAT, with scores ranging between 620-780.
- The average age of the batch is 27 years, and the average work experience is 5 years, with the mid-80% of work experience ranging from 3.5-7 years.
- 32% of the class comprises international students.
- 49% of the batch comprises Economics/Business majors, 29% STEM majors, and 24% Humanities majors.
- 27% of the batch has prior experience in the Consulting industry, 19% of the batch has prior experience in the Financial Services industry, and 14% of the batch has prior work experience in the Technology/Communications industry.
In terms of employment, the Class of 2019 accepting job offers in the US has reported earning a median base salary of $145,000, which is amongst the highest across top business schools. The most sought-after functions for the entire batch were Consulting, Finance/Accounting, and Marketing/Sales, in descending order of the percentage of graduates opting for these functions within 3-months of graduation.
Read more about the STEM MBA program at Kellogg here.
Top STEM MBA Programs - University of California, Berkeley: Haas | Batch Profile, Employment Statistics
STEM Program Offered - Full-Time STEM-certified MBA
The following is the Class profile of the batch of 2021 at the Haas School of Business, University of California, Berkeley:
- On average, the 283 strong class of 2021 at Haas scored a 725 on the GMAT, with the mid-80% scores ranging from 680-760.
- On average, candidates applying through their GRE scores have scored 162 on 170 in VR and 161 on 170 in QR, with mid-80% scores ranging from 157-167 for VR and 153-166 for QR.
- On average, the batch has 5.3 years of work experience, and the mid-80% of work experience ranging from 3.6 years to 8.2 years.
- 35% of the batch comprises international students.
- 19% of the batch comprises engineering graduates, 15% of the batch comprises Economics graduates, 11% of the batch comprises Business Commerce graduates, and another 11% of the batch comprises Humanities graduates.
- 20% of the batch has previous work experience in the Consulting industry, while another 20% of the batch has previous work experience in the Financial Services industry.
In terms of employment, the Class of 2019 has reported earning a median base salary of $140,000. The most sought-after functions were Consulting, General Management and Marketing/Sales, in descending order of the percentage of graduates opting for these functions within 3-months of graduation.
Read more about the program here.
Top STEM MBA Programs - Yale University: School of Management | Batch Profile, Employment Statistics
STEM Program Offered - Full-Time MBA with STEM-certified concentration in Management Science.
Yale School of Management announces STEM-certified concentration. Here's everything you need to know about it.
The following is the Class profile of the batch of 2021 at the Yale School of Management, Yale University:
- The 345 strong batch had a median GMAT score of 720, and the mid-80% of the scores were in the range 680-760.
- Candidates applying through their GRE scores (26%) had a median VR score of 165, and a median QR score of 165. The mid-80% of VR scores were in the range 160-170, and the mid-80% of QR scores were in the range 159-168.
- 31% of the batch comprised international students, i.e., students whose primary country of citizenship was not the US. These students represent 47 countries across the world.
- 30% of the batch comprises STEM graduates, 28% of the batch comprises Humanities & Social Sciences, and 23% of the batch comprises Business Studies graduates.
- 19.8% of the batch has prior work experience in the Financial Services industry, 18.8% of the batch has prior work experience in the Consulting industry, and 14.9% of the batch has prior work experience in the Non-Profit industry.
In terms of employment, the Class of 2019 has reported earning a median base salary of $130,000. The most sought-after functions were Consulting, Finance/Accounting, and General Management, in descending order of the percentage of graduates opting for these functions within 3-months of graduation.
Read more about the STEM MBA program at Yale here.
Top STEM MBA Programs - Dartmouth College: Tuck | Batch Profile, Employment Statistics
STEM Program Offered - Full-Time MBA with STEM-certified concentration.
The following is the Class profile of the batch of 2021 at the Tuck School of Business, Dartmouth College:
- On average, the 284 strong batch of 2021 has scored 723 on the GMAT, with scores ranging between 620-780.
- On average, candidates applying through their GRE scores (21%) have scored 163 on 170 in VR and 161 on 170 in QR, with VR scores ranging from 150-170, and QR scores ranging from 154-170.
- On average, the batch has 5.3 years of work experience.
- 38% of the batch comprises international students, including dual citizens and permanent residents.
- 43% of the batch completed their graduation in Arts, Humanities, or Social Sciences, and 30% of the batch pursued STEM graduation programs.
- 25% of the batch has previous work experience in the Financial Services industry, while 20% of the batch has previous experiences in the Consulting industry.
Tuck School of Business is one of the only business schools to also publish information regarding students with partners (29%) and students with children (3%).
In terms of employment, the Class of 2019 has reported earning a median base salary of $140,000. The most sought-after functions were Consulting, Finance, and General Management, in descending order of the percentage of graduates opting for these functions within 3-months of graduation.
Read more about the program here.
Top STEM MBA Programs - Duke University: Fuqua | Batch Profile, Employment Statistics
STEM MBA Program Offered - Full-Time MBA with MSTeM Track
The following is the Class profile of the batch of 2021 at the Tuck School of Business, Dartmouth College:
- On average, the 395 strong batch of 2021 has scored 705 on the GMAT, with the mid-80% scores ranging from 660-740.
- On average, the batch has 5.5 years of work experience, and the average age of the batch is 28 years.
- 37% of the batch comprises international citizens.
- 18% of the batch has previous work experience in the Financial Services industry, while 17% of the batch has previous work experience in the Consulting industry.
- 16% of the students at the Fuqua School of Business at Duke University are married.
In terms of employment, the Class of 2019 has reported earning a median base salary of $135,725. The most sought-after functions were Consulting, Finance, and General Management, in descending order of the percentage of graduates opting for these functions within 3-months of graduation.
Read more about the STEM MBA program at Tuck here.
Top STEM MBA Programs - New York University: Stern | Batch Profile, Employment Statistics
STEM MBA Program Offered - Full-Time STEM-certified MBA
The following is the Class profile of the batch of 2021 at the Stern School of Business, NYU:
- On average, the 350 strong batch of 2021 has scored 721 on the GMAT, with the median GMAT score standing at 720, and the mid-80% score ranging from 680-750. The highest GMAT score for the batch of 2021 at NYU's Stern School of Business stood at 780 on 800, while the lowest score stood at 600.
- 97% of the batch has previous work experience, and the batch has average work experience of 5.2 years, ranging from 0-14 years. The average age of the batch is 28 years.
- 33% of the batch comprises students with international citizenship, including foreign nationals, dual-citizens, and US permanent residents.
- 30% of the batch has completed their graduation in Business Studies, and 22% of the batch has completed their graduation in STEM programs.
- 29% of the batch has prior work experience in the Financial Services industry, while 12% of the batch has prior work experience in the Consulting industry.
In terms of employment, the Class of 2019 has reported earning a median base salary of $140,000. The most sought-after functions were Consulting, Finance, and Marketing/Sales, in descending order of the percentage of graduates opting for these functions within 3-months of graduation.
Read more about the STEM MBA program at Stern here.
Top STEM MBA Programs - University of Michigan: Ross | Batch Profile, Employment Statistics
STEM MBA Program Offered - Full-Time MBA with STEM-certified concentration in Data & Business Analytics
The following is the Class profile of the batch of 2021 at the Ross School of Business, University of Michigan:
- On average, the 421 strong batch of 2021 scored 719 on the GMAT, with the mid-80% score ranging from 680-760.
- On average, for candidates applying through their GRE scores, the mid-80% VR scores were in the range 153-167, while the mid-80% QR scores were in the range 154-165.
- On average, the batch of 2021 has 5 years of work experience.
- 38% of the batch comprises Economics/Business undergraduate majors, 33% of the batch comprises STEM majors, and 29% of the batch comprises Humanities majors.
- 26% of the batch has prior work experience in the Consulting industry, 16% of the batch has prior work experience in the Financial Services industry, and 11% of the batch has prior experience in the Technology industry.
In terms of employment, the Class of 2019 has reported earning a median base salary of $129,000. The most sought-after functions were Consulting, Marketing/Sales, and Finance, in descending order of the percentage of graduates opting for these functions within 3-months of graduation.
Read more about the STEM MBA program at Ross here.
Top STEM MBA Programs - Carnegie Mellon University: Tepper | Batch Profile, Employment Statistics
STEM MBA Program Offered - Full-Time STEM-certified MBA
The following is the Class profile of the batch of 2021 at the Tepper School of Business, Carnegie Mellon University:
- On average, the 200 strong batch of 2021 has scored 687 on the GMAT, with the mid-80% score range between 640-730. The median GMAT score is 700.
- On average, the batch of 2021 has 5.7 years of work experience, and the median work experience stands at 5.1 years. Less than 1% of the batch has less than one year of work experience.
- 35% of the batch comprises international citizens.
- 34% of the batch comprises Engineering majors, 23% of the batch comprises Business Studies majors, and 14% of the batch comprises Economics majors.
- 18% of the batch has prior work experience in the Financial Services industry, 17% of the batch has prior work experience in the Technology & New Media industry, and 15% of the batch has prior work experience in the Consulting industry.
In terms of employment, the Class of 2019 has reported earning a median base salary of $126,250. The most sought-after functions were Consulting, Marketing, and Finance, in descending order of the percentage of graduates opting for these functions within 3-months of graduation.
Read more about the STEM MBA program at Tepper here.
Top STEM MBA Programs - University of Southern California: Marshall | Batch Profile, Employment Statistics
STEM MBA Program Offered - Full-Time MBA with STEM-certified concentration in Management Science.
The following is the Class profile of the batch of 2021 at the Marshall School of Business, University of Southern California:
- On average, the 214 strong batch scored 708 on the GMAT, with the mid-80% of the scores ranging between 680-740.
- On average, candidates applying through their GRE scores have scored 321, with the mid-80% of the scores ranging between 312-328.
- The batch of 2021 has an average age of 29 years, with average work experience of 5.5 years.
- 32% of the batch comprises international students.
In terms of employment, the Class of 2019 has reported earning a median base salary of $125,000. The most sought-after functions were Marketing/Sales, Consulting, and Finance, in descending order of the percentage of graduates opting for these functions within 3-months of graduation.
Read more about the STEM MBA program at Marshall here.
Top STEM MBA Programs - University of North Carolina: Kenan-Flagler | Batch Profile, Employment Statistics
STEM MBA Program Offered - Full-Time MBA with STEM-certified concentration in Business Analytics & Management Science.
The following is the Class profile of the batch of 2021 at the Kenan-Flagler School of Business, University of North Carolina:
- On average, the 252 strong batch of 2021 had scored 697 on the GMAT, with a median GMAT score of 700. The mid-80% of GMAT scores are in the range of 650-750.
- The batch has an average of 5 years of work experience.
- 17% of the batch comprises international students representing 25 countries.
- Undergraduate Business Studies majors make up 35% of the batch, Humanities and Social Sciences grads make up 26% of the batch, and STEM grads make up 23% of the batch.
- 18% of the batch had prior work experience in the Financial Services industry, and 17% of the batch had prior experience working with the military, government, and non-profits.
In terms of employment, the Class of 2019 has reported earning a median base salary of $125,000. The most sought-after functions were Finance, Consulting, and Marketing/Sales, in descending order of the percentage of graduates opting for these functions within 3-months of graduation.
Read more about the STEM MBA program at Kenan-Flagler here.
Top STEM MBA Programs - Indiana University: Kelley | Batch Profile, Employment Statistics
STEM MBA Program Offered - Full-Time MBA with STEM-certified majors in Business Analytics, Finance, Marketing, Accounting, Supply Chain & Operations.
The following is the Class profile of the batch of 2021 at the Kelley School of Business, Indiana University:
- On average, the 135 strong batch of 2021 has scored 666 on the GMAT, with 41% students obtaining a score of 700+.
- The batch has average work experience of 5.6 years, and 99% of the batch has work experience. The batch has an average age of 29 years. The ages of MBA students in the batch range from 23 to 40 years.
- 36% of the batch comprises international students.
- 39% of the batch comprises Science & Engineering graduates, 33% of the batch comprises Business Administration majors, and 22% comprise Social Science & Humanities majors.
In terms of employment, the Class of 2019 has reported earning a median base salary of $115,000. The most sought-after functions were Consulting, Marketing/Sales, and Finance/Accounting, in descending order of the percentage of graduates opting for these functions within 3-months of graduation.
Read more about the STEM MBA program at Kelley here.
Top STEM MBA Programs - Vanderbilt University: Owen | Batch Profile, Employment Statistics
STEM MBA Program Offered - Full-Time MBA with STEM-certified concentration in Finance.
The following is the Class profile of the batch of 2021 at the Owen Graduate School of Management, Vanderbilt University:
- On average, the 147 strong batch has a median GMAT score of 680, with the mid-80% scores ranging from 630-730.
- The batch has 5.3 years of average work experience. The average age of the batch is 28 years, with students aged between 21 to 36 years attending the MBA program at Vanderbilt.
- The average TOEFL score of the batch stands at 101.
- International students make up 14% of the batch (including dual citizenship and permanent residents), and represent 25 countries.
- 27% of the batch is married/engaged, and 12% of the batch comprises those with prior work experience in the military.
In terms of employment, the Class of 2019 has reported earning a median base salary of $125,000. The most sought-after functions were Marketing/Sales, Consulting, and Finance, in descending order of the percentage of graduates opting for these functions within 3-months of graduation.
Read more about the STEM MBA program at Owen here.
Top STEM MBA Programs - Babson College: Olin | Batch Profile, Employment Statistics
STEM MBA Program Offered - Full-Time MBA with STEM-certified concentrations in Quantitative Finance, Business Analytics & Machine Learning.
The following is the profile of MBA students at Olin Graduate School of Business, Babson College:
- On average, MBA students at Babson have scored 619 on the GMAT.
- 80% of the batch comprises international students - one of the highest across most top business schools.
In terms of employment, the Class of 2019 has reported earning a median base salary of $85,000. The most sought-after functions were Marketing/Sales, Finance/Accounting, and Operations/Logistics, in descending order of the percentage of graduates opting for these functions within 3-months of graduation.
Read more about the STEM MBA program at Olin here.
Top STEM MBA Programs - University of California at Irivine: Merage | Batch Profile, Employment Statistics
STEM MBA Program Offered - Full-Time MBA with STEM-certified concentration in Analytics in Digital Leadership.
The following is the Class profile of the batch of 2021 at the Paul Merage School of Business, University of California, Irvine:
- On average, the batch of 2021 scored 673 on the GMAT, with the mid-80% of the scores in the range 630-710.
- The batch has an average age of 28, and average work experience of 5 years.
- 33% of the batch comprises international students.
- 21% of the batch comprises Business/Commerce majors, another 21% comprises Humanities/Social Sciences majors, and yet another 21% of the batch comprises Science majors.
- 25% of the batch has prior experience in the Technology industry, 20% of the batch has prior experience in Pharma/Biotech/Healthcare industry, and 12% of the batch has prior experience in the Consulting industry.
In terms of employment, the Class of 2019 has reported earning a median base salary of $125,000. The most sought-after functions were Marketing/Sales, Consulting, and Finance, in descending order of the percentage of graduates opting for these functions within 3-months of graduation.
Read more about the STEM MBA program at Merage here.
Top STEM MBA Programs - University of Rochester: Simon | Batch Profile, Employment Statistics
STEM MBA Program Offered - Full-Time STEM-certified MBA.
The following is the Class profile of the batch of 2021 at the Simon School of Business, University of Rochester:
- On average, the batch of 2021 scored 665 on the GMAT, with the mid-80% of scores ranging between 580-730.
- On average, for candidates applying through their GRE scores, the mid-80% VR scores were in the range 148-163, while the mid-80% QR scores were in the range 144-165.
- The average TOEFL score stood at 108.
- The batch of 2021 had 5.9 years of average work experience, and the average age of the batch was 28.
- 39% of the students of the batch of 2021 were international students, representing 18 countries of origin.
- 32% of the batch comprised Business Studies majors, followed by 28% Humanities & Social Science majors, and 19% Engineering majors.
In terms of employment, the Class of 2019 has reported earning a median base salary of $117,400. The most sought-after functions were Consulting, Finance/Accounting, and Marketing/Sales, in descending order of the percentage of graduates opting for these functions within 3-months of graduation.
Read more about the STEM MBA program at Simon here.
Top STEM MBA Programs - University of Connecticut Business School | Batch Profile, Employment Statistics
STEM MBA Program Offered - Full-Time MBA with STEM-certified concentrations in Business Analytics, Digital Marketing Strategy, Financial Analysis and Investments.
The following is the Class profile of the batch of 2020 at the UConn School of Business, University of Connecticut:
- The 43 strong batch of 2020 had an average GMAT score of 602, and an average GRE VR score of 152, and an average GRE QR score of 158.
- The batch had an average of 4.4 years of work experience, and an average age of 27.
- 28% of the batch comprised international students, representing 7 countries.
The MBA class of 2020 reported earning a median base salary of $110,000, along with a median sign on bonus of $27,500. Technology, Manufacturing, and Consulting emerged as the most sought-after industries for these graduates.
Read more about the STEM MBA program at UConn here.
Top STEM MBA Programs - Purdue University: Krannert | Batch Profile, Employment Statistics
STEM MBA Program Offered - Full-Time MBA-STEM.
The 46 strong batch of 2021 had an average GMAT score of 634, 51 months of work experience, an average age of 27, and an average TOEFL score of 104.
Please note that these figures are for the full-time MBA program and not the MBA-STEM program, the details for which are unavailable at the date of publishing.
In terms of employment, the Class of 2019 has reported earning a median base salary of $92,500. The most sought-after functions were Finance, Operation/Supply Chain, and Consulting, in descending order of the percentage of graduates opting for these functions within 3-months of graduation.
Read more about the STEM MBA program at Krannert here.
Top STEM MBA Programs - University of Wisconsin-Madison: School of Business | Batch Profile, Employment Statistics
STEM MBA Program Offered - Full-Time MBA with STEM-certified specializations in Operations & Technology Management, Supply Chain Management.
The following is the Class profile of the batch of 2020 at the Wisconsin School of Business, University of Wisconsin-Madison:
- On average, the 146 strong batch of 2021 has scored 665 on the GMAT, with the mid-80% scores in the range 620-700.
- The average age of the batch is 28 years, and the average work experience is 5 years.
- 28% of the batch comprises international students.
- 31% of the batch comprises Business Studies graduates, 21% comprises Engineering graduates, and 18% comprises Social Science graduates.
In terms of employment, the Class of 2019 reported earning a median base salary of $108,000. The most sought-after functions were Marketing/Sales, Finance/Accounting, and Operations/Logistics, in descending order of the percentage of graduates opting for these functions within 3-months of graduation.
Read more about the STEM MBA program at Wisconsin School of Business here.
Note - More business schools will be updated as and when more top business schools announce STEM-designated MBA programs or specializations in the coming years.
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