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Stanford Graduate School of Business

The Stanford Graduate School of Business (also known as Stanford GSB or the GSB) is the graduate business school of Stanford University. Located in Stanford, California, for several years it has been the most selective business school in the world, admitting only about 6% of applicants.

Stanford Graduate School of Business
TypePrivate
Established1925
DeanJonathan Levin (since 2016)
Academic staff
114
Postgraduates816 MBAs, 83 MS
101 PhDs in residence
Other students
2,284 (Executive education)
Location,,
United States
CampusSuburban
NicknameStanford GSB
AffiliationsStanford University
Websitegsb.stanford.edu

Stanford GSB offers a general management Master of Business Administration (MBA) degree, the MSx Program (MS in Management for mid-career executives) and a PhD program, along with joint degrees with other schools at Stanford including Earth Sciences, Education, Engineering, Law and Medicine. The GSB also offers Stanford LEAD, an online professional certificate program.

Contents

The school was founded in 1925 when trustee Herbert Hoover formed a committee consisting of Wallace Alexander, George Rolph, Paul Shoup, Thomas Gregory, and Milton Esberg to secure the needed funds for the school's founding. Willard Hotchkiss became the first dean of Stanford GSB.

The library was formally inaugurated on April 3, 1933. The collection was established with 1,000 volumes and assorted reports. The school moved from Jordan Hall to new quarters in the History Corner of the Main Quad in 1937.

Jonathan Levin was appointed as the 10th dean of the school in September 2016.

Stanford Knight Management Center, seen from Serra Street.

The Knight Management Center is situated within the greater Stanford campus. There are ten buildings at the Knight Management Center: the Gunn Building, Zambrano Hall, North Building, Arbuckle Dining Pavilion, Bass Center, the Faculty Buildings (comprising East and West buildings), the Patterson Building, the MBA Class of 1968 Building, and the McClelland Building.

The Schwab Residential Center was designed by Mexican architect Ricardo Legorreta. The 158,000 square-foot facility consists of 280 guest rooms. Jack McDonald Hall, located adjacent to Schwab, opened in 2016 as an additional residence for MBA students with over 200 guest rooms.

There are three main art installations on campus, including Monument to Change as it Changes, Monument to the Unknown Variables, and Ways to Change.

Stanford GSB maintains very close links with the venture capital, finance and technology firms of nearby Silicon Valley.

Stanford GSB offers a traditional Master of Business Administration (MBA) program typically completed in two years, a Master of Science ("MSx program") typically completed in one year, and a doctoral (PhD) program. The MBA program is a full-time graduate program that enrolls approximately 420 students each year.

The MSx program is intended for students who are mid-career managers (minimum 8 years of professional work experience). The Stanford MSx was previously called the Stanford Sloan Master's Program, because students in the program are known as Stanford Sloan Fellows. The Stanford MSx is one of the three Sloan Fellows programs, sharing a similar format with the others at the MIT Sloan School of Management and the London Business School. These programs were initially supported by Alfred P. Sloan, Chairman of General Motors from 1937 to 1956, who envisioned the Sloan Fellowship in his alma mater of MIT in 1931.

Academic partnerships

Stanford GSB has a number of relationships with other business schools. It offers a number of Executive Education programs jointly with Harvard Business School. It also offers one of the three Sloan Fellows programs, coordinating with the others at the MIT Sloan School of Management and the London Business School.

Stanford LEAD Professional Certificate

The Stanford LEAD program (LEAD is an acronym for learn, engage, accelerate, and disrupt) is a one-year online business program in the Graduate School of Business offering access to curricular materials and students specialize personal leadership. The teaching components are coordinated 100% online although there are periodic meet-ups hosted at Stanford each year through the me2we program. The annual me2we conferences have grown to become quite large, and the program's 1,800 LEAD alumni can join remotely.

The school works at the forefront of global business research and teaching. There are three winners of the Nobel Memorial Prize in Economic Sciences on the faculty (William F. Sharpe 1990, Myron Scholes 1997, Michael Spence 2001), five recipients of the John Bates Clark Award, 19 members of the American Academy of Arts and Sciences, and four members of the National Academy of Sciences.

William F. Sharpe's research interests focus on macro-investment analysis, equilibrium in capital markets and the provision of income in retirement. Myron Scholes’ research has focused on understanding uncertainty and its effect on asset prices and the value of options, including flexibility options. Michael Spence's research interests focus on the study of economic growth and development, dynamic competition and the economics of information.

In recent rankings, GSB was ranked 1st by U.S. News & World Report, 1st by Bloomberg Businessweek, 1st by QS Top Universities, 2nd by Forbes, and in the ranking aggregator Poets & Quants Stanford's MBA Program was ranked 1st in the US.

The Stanford Graduate School of Business is the most selective business school in the United States. It has maintained the highest ratio of "applicants to available seats" of any business school in the U.S. for the last decade. It has also had the lowest acceptance rates (typically <7%) of any business school. For the Class of 2022 which entered in 2020, 8% of applicants were offered admission, and the average GMAT score of 733 and average GPA of 3.8 are the highest of any business school in the world.

The business school comprises the Knight Management Center, the Schwab Residential Center (named after alumnus Charles R. Schwab, founder and chairman of the Charles Schwab Corporation), and Highland Hall.

Schwab Residential Center

In August 2006, the school announced what was then the largest gift ever to a business school—$105 million from Stanford alumnus Phil Knight, MBA '62, co-founder and chairman of Nike, Inc. The gift went toward construction of a $375 million campus, called the Knight Management Center, for the business school. Construction was completed in 2011.

In 2011, alumnus Robert King and his wife Dorothy made a $150 million gift to the school—making history as the largest donation to Stanford GSB—to found the Institute for Innovation in Developing Economies (also known as SEED) to focus on poverty relief in emerging markets. A portion of their gift is used as a matching incentive to encourage other donors to give to SEED.

The gifts by King and Knight are marked as the second and third largest philanthropic pledges to a business school.

Also in 2011, investor and economist Marko Dimitrijevic, a 1985 alumni of the Business School, established the Emerging Markets Innovation Fund, to support teaching, research, and other initiatives in the area of emerging and frontier markets.

For a more comprehensive list, see List of Stanford GSB alumni.

There are 26,309 living alumni,[when?] including 17,803 alumni of the MBA program. Stanford Graduate School of Business is renowned to have produced a remarkable number of successful business leaders and entrepreneurs, many among the world's wealthiest, from its alumni base.

  1. As of September 1, 2016
  2. "Stanford Graduate School of Business: School Profile". Stanford University. RetrievedMarch 12, 2014.
  3. Byrne, John A. (April 17, 2020). "Poets&Quants | The Most Selective MBA Programs". Poets&Quants. RetrievedSeptember 19, 2020.
  4. Kowarski, Ilana (April 14, 2020). "10 Business Schools with Lowest Acceptance Rates".
  5. "Stanford MBA Class Profile | Breakdown". www.businessbecause.com. November 6, 2020. RetrievedDecember 5, 2020.
  6. Stanford University 1916–1941, pg 79–80. J. Pearce Mitchell, 1958
  7. Stanford GSB History of the library gsb.stanford.edu
  8. Stanford GSB Our History gsb.stanford.edu
  9. SGSB Press Release. May 23, 2016 Jonathan Levin Named Dean of Stanford Graduate School of Business
  10. "Stanford GSB Artwork | Stanford Graduate School of Business". Gsb.stanford.edu. RetrievedJuly 19, 2016.
  11. Lawton-Smith, Helen (August 30, 2006). Universities, Innovation and the Economy. Taylor & Francis. ISBN 9780203358054 – via Google Books.
  12. "Stanford MSx". RetrievedJanuary 6, 2013.
  13. "Stanford MSX Class of 2018 Profile". RetrievedDecember 25, 2017.
  14. Bradshaw, Della (March 19, 2012). "A degree of choice for the older and wiser student". FT.com. RetrievedJuly 19, 2016.
  15. Stanford Graduate School of Business. "Stanford LEAD Program". RetrievedMarch 9, 2020.
  16. Stanford Graduate School of Business. "Stanford LEAD me2we". RetrievedMarch 9, 2020.
  17. Stanford Graduate School of Business. "In a Quick Pivot, Stanford LEAD's Annual Event Moved from On-Campus to Online". RetrievedMarch 30, 2020.
  18. Stanford GSB School profile gsb.stanford.edu
  19. Research statement of William F. Sharpe gsb.stanford.edu
  20. Research statement of Myron Scholes gsb.stanford.edu
  21. Research statement of Michael Spence gsb.stanford.edu
  22. "QS Global MBA Rankings 2020". Quacquarelli Symonds. RetrievedSeptember 26, 2019.
  23. "World University Rankings 2019 by subject: business and economics". Times Higher Education. RetrievedSeptember 25, 2019.
  24. "Best Global Universities for Economics and Business". U.S. News & World Report. 2019. RetrievedSeptember 25, 2019.
  25. "The 50 best business schools in the world 2020". Business Insider. RetrievedFebruary 15, 2021.
  26. "Full time MBA ranking". The Economist. 2019. RetrievedJanuary 27, 2020.
  27. "Global MBA Ranking 2020". Financial Times. RetrievedJanuary 27, 2020.
  28. "Best B-Schools". Bloomberg Businessweek. November 8, 2018. RetrievedSeptember 25, 2019.
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  33. "Terms of Service Violation". Bloomberg Businessweek.
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  35. "The Best Business Schools". Forbes. RetrievedJune 4, 2021.
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  37. Zlomek, Erin. (2013-04-18) India's IIM-A, the World's Toughest B-School to Get Into. Businessweek. Retrieved on 2013-08-12.
  38. "Stanford GSB Entering Class Profile". RetrievedNovember 24, 2016.
  39. "Nike Founder Phil Knight to Give $105 Million to Stanford GSB".
  40. "Stanford business school receives $150m gift". www.ft.com. November 4, 2011. RetrievedSeptember 21, 2020.
  41. Stanford, © Stanford University; California 94305 (August 13, 2012). "Stanford Institute to Alleviate Poverty with $150 Million Gift". Giving to Stanford. RetrievedSeptember 21, 2020.
  42. Byrne, John A. (October 13, 2012). "Poets&Quants | Largest Donors To Business Schools". Poets&Quants. RetrievedSeptember 21, 2020.
  43. "Innovating for Emerging Markets". Stanford Graduate School of Business. RetrievedSeptember 21, 2020.
Wikimedia Commons has media related toStanford Graduate School of Business.

Coordinates:37°25′41″N122°09′40″W /37.4280°N 122.1612°W /37.4280; -122.1612

Stanford Graduate School of Business
stanford, graduate, school, business, language, watch, edit, also, known, stanford, graduate, business, school, stanford, university, located, stanford, california, several, years, been, most, selective, business, school, world, admitting, only, about, applica. Stanford Graduate School of Business Language Watch Edit The Stanford Graduate School of Business also known as Stanford GSB or the GSB is the graduate business school of Stanford University Located in Stanford California for several years it has been the most selective business school in the world 3 4 admitting only about 6 of applicants 5 Stanford Graduate School of BusinessTypePrivateEstablished1925DeanJonathan Levin since 2016 1 Academic staff114 2 Postgraduates816 MBAs 83 MS 1 Doctoral students101 PhDs in residence 1 Other students2 284 Executive education 1 LocationStanford California United StatesCampusSuburbanNicknameStanford GSBAffiliationsStanford UniversityWebsitegsb wbr stanford wbr edu Stanford GSB offers a general management Master of Business Administration MBA degree the MSx Program MS in Management for mid career executives and a PhD program along with joint degrees with other schools at Stanford including Earth Sciences Education Engineering Law and Medicine The GSB also offers Stanford LEAD an online professional certificate program Contents 1 History 2 Campus 3 Academics 3 1 Academic partnerships 3 2 Stanford LEAD Professional Certificate 4 Faculty and research 5 Rankings 6 Donations 7 Alumni 8 See also 9 References 10 External linksHistory EditThe school was founded in 1925 when trustee Herbert Hoover formed a committee consisting of Wallace Alexander George Rolph Paul Shoup Thomas Gregory and Milton Esberg to secure the needed funds for the school s founding 6 Willard Hotchkiss became the first dean of Stanford GSB The library was formally inaugurated on April 3 1933 The collection was established with 1 000 volumes and assorted reports 7 The school moved from Jordan Hall to new quarters in the History Corner of the Main Quad in 1937 8 Jonathan Levin was appointed as the 10th dean of the school in September 2016 9 Campus Edit Stanford Knight Management Center seen from Serra Street The Knight Management Center is situated within the greater Stanford campus There are ten buildings at the Knight Management Center the Gunn Building Zambrano Hall North Building Arbuckle Dining Pavilion Bass Center the Faculty Buildings comprising East and West buildings the Patterson Building the MBA Class of 1968 Building and the McClelland Building The Schwab Residential Center was designed by Mexican architect Ricardo Legorreta The 158 000 square foot facility consists of 280 guest rooms Jack McDonald Hall located adjacent to Schwab opened in 2016 as an additional residence for MBA students with over 200 guest rooms There are three main art installations on campus including Monument to Change as it Changes Monument to the Unknown Variables and Ways to Change 10 Stanford GSB maintains very close links with the venture capital finance and technology firms of nearby Silicon Valley 11 Academics EditStanford GSB offers a traditional Master of Business Administration MBA program typically completed in two years a Master of Science MSx program typically completed in one year and a doctoral PhD program 12 13 The MBA program is a full time graduate program that enrolls approximately 420 students each year The MSx program is intended for students who are mid career managers minimum 8 years of professional work experience The Stanford MSx was previously called the Stanford Sloan Master s Program because students in the program are known as Stanford Sloan Fellows The Stanford MSx is one of the three Sloan Fellows programs sharing a similar format with the others at the MIT Sloan School of Management and the London Business School These programs were initially supported by Alfred P Sloan Chairman of General Motors from 1937 to 1956 who envisioned the Sloan Fellowship in his alma mater of MIT in 1931 Academic partnerships Edit Stanford GSB has a number of relationships with other business schools It offers a number of Executive Education programs jointly with Harvard Business School It also offers one of the three Sloan Fellows programs coordinating with the others at the MIT Sloan School of Management and the London Business School 14 Stanford LEAD Professional Certificate Edit The Stanford LEAD program LEAD is an acronym for learn engage accelerate and disrupt 15 is a one year online business program in the Graduate School of Business offering access to curricular materials and students specialize personal leadership The teaching components are coordinated 100 online although there are periodic meet ups hosted at Stanford each year through the me2we program 16 The annual me2we conferences have grown to become quite large and the program s 1 800 LEAD alumni can join remotely 17 Faculty and research EditThe school works at the forefront of global business research and teaching There are three winners of the Nobel Memorial Prize in Economic Sciences on the faculty William F Sharpe 1990 Myron Scholes 1997 Michael Spence 2001 five recipients of the John Bates Clark Award 19 members of the American Academy of Arts and Sciences and four members of the National Academy of Sciences 18 William F Sharpe s research interests focus on macro investment analysis equilibrium in capital markets and the provision of income in retirement 19 Myron Scholes research has focused on understanding uncertainty and its effect on asset prices and the value of options including flexibility options 20 Michael Spence s research interests focus on the study of economic growth and development dynamic competition and the economics of information 21 Rankings EditBusiness school rankingsWorldwide overallQS 22 1Times Higher Education 23 2U S News amp World Report 24 1Worldwide MBABusiness Insider 25 4Economist 26 5Financial Times 27 3U S MBABloomberg Businessweek 28 1Forbes 29 2U S News amp World Report 30 1Vault 31 1 In recent rankings GSB was ranked 1st by U S News amp World Report 32 1st by Bloomberg Businessweek 33 1st by QS Top Universities 34 2nd by Forbes 35 and in the ranking aggregator Poets amp Quants Stanford s MBA Program was ranked 1st in the US 36 The Stanford Graduate School of Business is the most selective business school in the United States 37 It has maintained the highest ratio of applicants to available seats of any business school in the U S for the last decade It has also had the lowest acceptance rates typically lt 7 of any business school For the Class of 2022 which entered in 2020 8 of applicants were offered admission and the average GMAT score of 733 and average GPA of 3 8 38 are the highest of any business school in the world The business school comprises the Knight Management Center the Schwab Residential Center named after alumnus Charles R Schwab founder and chairman of the Charles Schwab Corporation and Highland Hall Donations Edit Schwab Residential Center In August 2006 the school announced what was then the largest gift ever to a business school 105 million from Stanford alumnus Phil Knight MBA 62 co founder and chairman of Nike Inc 39 The gift went toward construction of a 375 million campus called the Knight Management Center for the business school Construction was completed in 2011 In 2011 alumnus Robert King and his wife Dorothy made a 150 million gift to the school making history as the largest donation to Stanford GSB to found the Institute for Innovation in Developing Economies also known as SEED to focus on poverty relief in emerging markets 40 A portion of their gift is used as a matching incentive to encourage other donors to give to SEED 41 The gifts by King and Knight are marked as the second and third largest philanthropic pledges to a business school 42 Also in 2011 investor and economist Marko Dimitrijevic a 1985 alumni of the Business School established the Emerging Markets Innovation Fund to support teaching research and other initiatives in the area of emerging and frontier markets 43 Alumni EditFor a more comprehensive list see List of Stanford GSB alumni There are 26 309 living alumni when including 17 803 alumni of the MBA program Stanford Graduate School of Business is renowned to have produced a remarkable number of successful business leaders and entrepreneurs many among the world s wealthiest from its alumni base See also EditList of business schools in the United States List of United States business school rankingsReferences Edit a b c d As of September 1 2016 Stanford Graduate School of Business School Profile Stanford University Retrieved March 12 2014 Byrne John A April 17 2020 Poets amp Quants The Most Selective MBA Programs Poets amp Quants Retrieved September 19 2020 Kowarski Ilana April 14 2020 10 Business Schools with Lowest Acceptance Rates Stanford MBA Class Profile Breakdown www businessbecause com November 6 2020 Retrieved December 5 2020 Stanford University 1916 1941 pg 79 80 J Pearce Mitchell 1958 Stanford GSB History of the library gsb stanford edu Stanford GSB Our History gsb stanford edu SGSB Press Release May 23 2016 Jonathan Levin Named Dean of Stanford Graduate School of Business Stanford GSB Artwork Stanford Graduate School of Business Gsb stanford edu Retrieved July 19 2016 Lawton Smith Helen August 30 2006 Universities Innovation and the Economy Taylor amp Francis ISBN 9780203358054 via Google Books Stanford MSx Retrieved January 6 2013 Stanford MSX Class of 2018 Profile Retrieved December 25 2017 Bradshaw Della March 19 2012 A degree of choice for the older and wiser student FT com Retrieved July 19 2016 Stanford Graduate School of Business Stanford LEAD Program Retrieved March 9 2020 Stanford Graduate School of Business Stanford LEAD me2we Retrieved March 9 2020 Stanford Graduate School of Business In a Quick Pivot Stanford LEAD s Annual Event Moved from On Campus to Online Retrieved March 30 2020 Stanford GSB School profile gsb stanford edu Research statement of William F Sharpe gsb stanford edu Research statement of Myron Scholes gsb stanford edu Research statement of Michael Spence gsb stanford edu QS Global MBA Rankings 2020 Quacquarelli Symonds Retrieved September 26 2019 World University Rankings 2019 by subject business and economics Times Higher Education Retrieved September 25 2019 Best Global Universities for Economics and Business U S News amp World Report 2019 Retrieved September 25 2019 The 50 best business schools in the world 2020 Business Insider Retrieved February 15 2021 Full time MBA ranking The Economist 2019 Retrieved January 27 2020 Global MBA Ranking 2020 Financial Times Retrieved January 27 2020 Best B Schools Bloomberg Businessweek November 8 2018 Retrieved September 25 2019 The Best Business Schools Forbes 2019 Retrieved September 25 2019 2019 Best Business Schools Rankings U S News amp World Report Retrieved September 25 2019 Best Business Schools Vault com 2017 Retrieved September 25 2019 Best Business Schools U S News amp World Report Terms of Service Violation Bloomberg Businessweek MBA Rankings 2021 Global Top Universities Retrieved June 4 2021 The Best Business Schools Forbes Retrieved June 4 2021 Poets and Quants 2021 MBA Rankings December 7 2020 Zlomek Erin 2013 04 18 India s IIM A the World s Toughest B School to Get Into Businessweek Retrieved on 2013 08 12 Stanford GSB Entering Class Profile Retrieved November 24 2016 Nike Founder Phil Knight to Give 105 Million to Stanford GSB Stanford business school receives 150m gift www ft com November 4 2011 Retrieved September 21 2020 Stanford c Stanford University California 94305 August 13 2012 Stanford Institute to Alleviate Poverty with 150 Million Gift Giving to Stanford Retrieved September 21 2020 Byrne John A October 13 2012 Poets amp Quants Largest Donors To Business Schools Poets amp Quants Retrieved September 21 2020 Innovating for Emerging Markets Stanford Graduate School of Business Retrieved September 21 2020 External links EditWikimedia Commons has media related to Stanford Graduate School of Business Official website Graduate School of Business 1974 2003 collection of oral histories Stanford Historical Society Oral History Program Coordinates 37 25 41 N 122 09 40 W 37 4280 N 122 1612 W 37 4280 122 1612Retrieved from https en wikipedia org w index php title Stanford Graduate School of Business amp oldid 1035610261, wikipedia, wiki, book, books, library,

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