You’re in…Now what?

Program Overview

What’s Next? Academic Preparation

Financing Your MBARegistration

Housing

Overview of the Stern Program

Pre-Term: Orientation begins August 24th

First Year: The Core – taken with your Block

Internship: Between 1st and 2nd year

Second Year: Devoted to your specialization(s)

Your First Year

Fall – 15 credits3 Managing Organizations 3 Firms & Markets 3 Statistics & Data Analysis 3 Financial Accounting

& Reporting

One of 3 Breadth Core:3 Marketing Concepts 3 Foundations of Finance 3 Competitive Advantage from

Operations

Spring – 16.5 credits3 Strategy 3 Global Business Environment 1.5 Business Communication

6 Remaining 2 Breadth Core

3 Elective

Your Second YearSpecializations (9 credits)

AccountingDigital Economy

EconomicsEntertainment, Media & Technology

Entrepreneurship & InnovationFinance

Global BusinessInformation Systems

Law & BusinessManagement & Organizational Behavior

MarketingOperations Management

Quantitative Finance Statistics

What’s Next?Academic Preparation

Self-Assessment

Core Course Substitution

Quantitative SkillsREQUIRED Self-Assessment

• Quantitative Skills Online Pre-Assessment (Admitted Student Website) REQUIRED BY JULY 1st

• Pass (80% or better) = Done!

• Did Not Pass (80% or below)1. Do MBA Survival Kit Quantitative Skills Interactive

2. Take Online Post-Assessment (Admitted Student Website) before Pre-Term

Microeconomics, Accounting, Statistics

Word, Excel, PowerPoint, Internet

Other Stern MBA Preparation: Skill Building

Core Course SubstitutionUG Majors

Core Course UG Majors

Firms & Markets Economics

Financial Accounting & Reporting US Accounting Majors, US CPAs

Foundations of Finance Finance

Competitive Advantage from Operations Industrial Engineering & Operations Management

Marketing Concepts Marketing

Statistics & Data Analysis Mathematics & Statistics

Core Course Substitution Proficiency Exams

• Firms & Markets (Micro)• Statistics & Data Analysis • Financial Accounting & Reporting • Global Business Environment (Macro) • Foundations of Finance • Competitive Advantage from Operations • Marketing Concepts

What’s Next? Financing Your MBA

Financial Aid TerminologyThe FAFSA

FAFSA = Free Application for Federal Student Aid

http://www.fafsa.ed.gov/

Financial Aid TerminologyFederal Stafford Loans

Domestic Students Only

Low interest loans (91 day T-bill rate +1.7%)

$18,500 maximum per year

Subsidized: $8,500 max• Government pays interest while you are in school

• Need-based: Eligibility depends upon your income and other aid information

Unsubsidized: $10,000 - $18,500• Not need-based

• If you do not qualify for the subsidized, you can get full $18,500 in unsubsidized

Financial Aid Terminology

Private Loans

Domestic & International Students eligible to apply

Preferred Lender: Citibank

Eligibility Amount (domestic) =Budget – Federal loans – other aid

Estimated Budget 2003-2004Financial Aid Eligibility for the Academic Year

Tuition & Fees: $34,300

Living Expenses: +$23,810($2,645 per month)

Total Budget: $58,110

Typical Financial Aid PackageDomestic Student – No Scholarship

$18,500 Federal Loans$8,500 Subsidized

$10,000 Unsubsidized

+$39,610 Private Loans

$58,110 TOTAL LOANS

Typical Financial Aid PackageDomestic Student – With Other Aid

$10,000 Scholarship

$18,500 Federal LoansSubsidized &

Unsubsidized

+$29,610 Private Loans

$58,110 TOTAL AID

What’s Next?Financial Aid – Domestic Students

File File FAFSAFAFSA

(002785)(002785)

Receive Receive SAR – SAR –

KEEP IT KEEP IT

Fill outFill out MPN – MPN – MAIL MAIL

BACKBACK

Fill out Fill out Private Private Loan Loan

Application Application

Tuition & Tuition & Fees Fees

WorksheetWorksheet

Receive Receive Award Award

LetterLetter

What’s Next?Financial Aid – International Students

Eligible to apply for up to $35,000

• $15,000 from the Citibank Global program and

• $20,000 from either the Global SLC program or the Citibank Supplemental loan program depending on country of origin

Apply starting June 1st

What’s Next?Financial Aid – International Students

With a U.S. co-signer, international students are eligible to apply for up to the full budget amount ($58,110).

What’s Next? What’s Next? Financial Aid FAQsFinancial Aid FAQs

• What if I don’t want the full amount of the suggested loans?

• When are my loan funds credited to my account?

• Can I be a teaching fellow or graduate assistant?

What’s Next?Registration

What’s Next?Registration

Registration packets mailed out June 18th

Blocks assignments will be in registration packets

Can access registration information through the admitted student website

What’s Next?

Log on to the Admitted Student Website to:• View & keep track of the checklist • Meet & chat with your classmates

Be on the lookout for E-mail for more Stern information

Find a place to live!

Important Dates

• April 30 Deposit deadline

• June 18 Registration packets mailed

• July 1 Quantitative Pre-Assessment deadline

• July 15 Registration & Tuition Payment deadline

• August 18-23 Proficiency Exams

• August 20 International Orientation

• August 24-28 Pre-Term

• September 2 First day of classes

What’s Next?Housing

Housing OptionsOn-Campus Housing

The Palladium (14th Street, Union Square)

• Conveniently located minutes from Stern

• Includes fully-furnished studios and shared two

bedroom apartments

• Four floors reserved exclusively for Stern Students,

with a separate entrance

• Amenities include computer lab, fitness facility, rock

climbing wall, and Olympic-size swimming pool

• Monthly rent compares very favorably to the market

Housing Options

Off-Campus Housing• Begin your search early• Determine your needs• Consult materials provided by Admissions

• Purple Admissions Folder• Admitted Student Website• Off-Campus Housing Guide

• Use external resources:• The New York Times• The Village Voice• Online postings (e.g. http://newyork.craigslist.org/)

See you at Pre-Term!

See you at Pre-Term!