Top business schools in New York – Ranking, costs, GMAT / GRE scores, salaries, recruiters
What makes New York special? The theatre, culture, food, museums, and the fact that it is home to one of world’s most important financial centres – the Wall Street. As far as the number of Fortune 500 companies are concerned, the state of New York rooms in the neighbourhood of 55, with most of them belonging to, you guessed right, the finance sector. So, it is natural to understand why business schools, based in New York, would get an added advantage at seeking out visibility for their graduates, in a land teeming with corporate giants.
To give you an inspirational big picture, New York is among the top three states, right after Massachusetts and Illinois’ five each, in producing the most number of Fortune 500 CEOs – NYU Stern’s George S. Barrett (Cardinal Health), Columbia’s James P. Gorman (Morgan Stanley), and Cornell’s Mark T. Bertolini (Aetna) and Irene B. Rosenfeld (Mondelez International).
Its business schools feature in the top rankings of the Financial Times, and more. It is also fairly close to other well-known education centres of the world, like Massachusetts’ Harvard, MIT, Boston University, Rhode Island’s Brown University, and Connecticut’s Yale. You may say that business students, in the state of New York, are showered with more than just a sea of employment opportunities, and networking avenues.
The community of all the east coast scholastic powerhouses manage to keep the competitive spirit around and very much alive, for these students.
Perhaps, that is why we decided that having an exclusive article, dedicated to the business schools of New York, was in order. While Cornell, NYU, Rochester, and Columbia, are quite globally popular, there are also other excellent business schools hidden behind the limelight that the above schools enjoy. Hence the list and some relevant details, enough for a teaser for you to explore in detail.
Best Business Schools in New York State
| School | World Ranking for Business Degrees | Average GMAT/GRE |
|---|---|---|
| Columbia University Business School | The Economist, MBA #9
EMBA #15 QS University Rankings #21 US News #9 (in USA) |
GMAT or GRE
Average GMAT Score 724 Range 530 – 790 Class Size ~750 |
| New York University, Stern Business School | The Economist, MBA #14
EMBA #17 QS University Rankings #19 US News #12(in USA) |
GMAT or GRE
Average GMAT Score 714 Class Size ~400 |
| Cornell University, SC Johnson College of Business | The Economist, MBA #26
EMBA #20 US News #16(in USA) |
GMAT or GRE
Average GMAT Score 700 Class Size ~300 |
| University of Rochester, Simon Business School | The Economist #58
US News #43 (in USA) |
GMAT or GRE
GMAT Range 610 – 710 GRE Range 307 – 325 Class Size ~100 |
| Syracuse University, Whitman School of Management | US News #88 (in USA) | GMAT or GRE
Average GMAT Score 628 Class Size ~60 |
| Fordham University, Gabelli School of Business | The Economist #92
US News #73 (in USA) |
GMAT or GRE
Average GMAT Score 622 Class Size ~30 |
| Binghamton University, State University of New York | US News #77 (in USA) | GMAT or GRE
Class Size ~40 |
| Rochester Institute of Technology, Saunders School of Business | US News #91 (in USA) | GMAT or GRE
Class Size ~180 |
| University of Albany SUNY | US News #91 (in USA) | GMAT
Class Size ~90 |
| CUNY Bernard M. Baruch College, Zicklin School of Business | US News #57 (in USA) | GMAT or GRE
Average GMAT Score 628 GMAT Range 550 – 710 Class Size ~100 |
| University of Buffalo, SUNY | US News #73 (in USA) | GMAT or GRE
Class Size ~240 |
| Clarkson University School of Business | Not Available (NA) | GMAT or GRE not required with sufficient Work Experience
Class Size ~40 |
| Hofstra University, Zarb School of Business | NA | GMAT or GRE
Average GMAT Score 640 |
Cost of Tuition and Graduate Employment Record
| School | Basic Tuition | Student Employment Information – 2019 |
| Columbia University Business School | $75,544/year | 97% Offers
Median Salary $125,000 |
| New York University, Stern Business School | $69,086/year | 94% Offers
Median Salary $125,000 |
| Cornell University, SC Johnson College of Business | $63,894/year | 94% Offers
Mean Base Salary $121,228 |
| University of Rochester, Simon Business School | $46,000/year | 95% Offers
Mean Salary $114,000 |
| Syracuse University, Whitman School of Management | $45,000/year | Mean Base Salary $75,879 |
| Fordham University, Gabelli School of Business | $93,150 full tuition | Mean Base Salary $97,404 |
| Binghamton University, State University of New York | $36,000 full tuition | Salary ~$63,000 – $140,000 based on specialization |
| Rochester Institute of Technology, Saunders School of Business | $43,560/year | Salary ~$63,000 – $112,000 based on specialization |
| University of Albany SUNY | $24,390/year | 80% Offers (2012)
Average Starting Salary $59,000 |
| CUNY Bernard M. Baruch College, Zicklin School of Business | $1,050/credit for 12+ credits | Mean Base Salary $78,000 |
| University of Buffalo, SUNY | $24,390/year | 90% Offers
Mean Base Salary $61,779 |
| Clarkson University School of Business | $1,345/credit for out-of-state | Median Starting Salary $60,000 |
| Hofstra University, Zarb School of Business | $1,322/credit | 76% Offers
Mean Salary $67,562 |
Top Employers in New York
The following companies were among the many that provided employment to the graduating classes of the past few years, inclusive of all the above universities.
| McKinsey & Company | PWC | Strategy& |
| Bain & Company | Deloitte | Accenture |
| The Boston Consulting Group | Goldman Sachs | American Express |
| Johnson & Johnson | Morgan Stanley | Guggenheim Securities |
| Pratt & Whitney | Citi Group | IBM |
| Verizon Communications | JP Morgan Chase | PepsiCo |
| Tata Consulting Services | AT Kearney Inc. | Barclays Capital Group |
| Bank of America Merrill Lynch | Amazon | Estee Lauder Companies |
| Procter & Gamble | Credit Suisse | L’Oreal |
| Microsoft | Colgate-Palmolive | |
| Pfizer | Cisco Systems | Deutsche Bank |
| MetLife | Wells Fargo | Unilever NV |
| RBC Royal Bank | Intel | HP |
| Mastercard | 3M | Philips |
| Bloomberg Businessweek | EY | Ernst & Young LLP |
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