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09/23/94

CONTACT: Stanford University News Service (415) 723-2558

Graduate School of Business welcomes new MBA class

STANFORD -- What do two Jesuit priests, a stand-up comedian, a former professional dancer and a national powerlifting champion have in common? They, along with 359 other individuals, were welcomed into the Stanford Business School's MBA Class of 1996 on Sept. 21.

Not all the new students are quite so exotic. They are entering from 247 different companies, and the largest number of them (more than 18 percent) come from management consulting; nearly 17 percent from investment banking. Additionally, 9 percent worked in government or the military, and nearly 4 percent in education. Collectively, said MBA Admissions Director Marie Mookini, they represent no fewer than 1,479 years of work experience.

The 364 students were selected from 4,651 applicants. They range in age from 22 to 41, with an average age of 26.9. Thirty percent of the new students are women; 23 percent members of ethnic minorities; and 22 percent citizens of countries other than the United States. The class members come from 28 countries and 138 undergraduate institutions, chief among them Stanford, which contributed 26 of its graduates to the Business School. Other schools sending more than 10 are: Harvard, University of Pennsylvania, Princeton, Dartmouth, Brown, University of California-Berkeley, and University of California-Los Angeles. Four of the new MBA students already hold doctorates, and 38 have earned master's degrees.

"Reading your applications and learning about your professional accomplishments - as well as your wonderful personal qualities - was a humbling experience for those of us on the admissions staff," Mookini told the assembled students.

"We marveled at your academic and personal accomplishments, and appreciated the insights you shared with us. It is our hope and expectation that you will continue to share your gifts and talents with each other over the next two years. It's great to have you here!"

-jz-

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