What does Stanford Business School cost
Luthe - Moritz Baier studies at Stanford University
400 students from all over the world start with him. “There is a lot of work involved in applying. It took a year. The course can hardly be more difficult - but very exciting, ”says the 27-year-old. Six percent of the applicants got through. The letter of confirmation says “Congratulations” - followed by the assurance that the Stanford experience will change his life. Nothing less is expected of him than to contribute to lasting change in organizations and the world. Those who are accepted at Standford Business School have demonstrated a degree, professional experience and social commitment. Baier is a business informatics specialist and completed his bachelor's degree summa cum laude in 2009 at the Berlin School of Economics and Law. Parallel to his studies, he worked at IBM - until now - "for the last two years in corporate strategy in New York," says Baier. He also lives in the city, still.
Billions in projects were part of his area of responsibility. The top management honored him for “exemplary management style, analytical innovation and social commitment”. His letter of recommendation for Stanford comes from IBM. The company also ensured that he could take courses in psychology and education at the University of Cambridge. A course in international relations at Peking University in China is on the résumé as well as courses in artificial intelligence and economics at Harvard University. He will move at the end of August. “The Stanford campus is as big as Wunstorf,” says Baier. The course costs 180,000 dollars. He has a total of 120,000 scholarships - for example from the German National Academic Foundation and McKinsey. He doesn't worry about the rest. Large companies from neighboring Silicon Valley lured their interns with generous salaries.
“It's completely different in the US,” he says. He can hardly imagine working later in Germany, after having got to know 14 countries professionally. Too tight, too retracted. “Anyone who has not failed spectacularly three times in America has not tried enough. Anyone who went wrong here is considered a failure, ”says Baier, the future Master of Business Administration (M.B.A.). He also wants to do his master's degree in educational science. The wish is no coincidence. After graduating from high school, he did his community service as an assistant teacher at the Paul Moor School. The time impressed him.
He graduated from the Hölty-Gymnasium with a grade of 1.1 in 2005: “That was a strong year. I was third best. ”It wasn't until later that he realized how well the school had prepared him. “Anyone who was good at Hölty can keep up anywhere in the world,” emphasizes Baier. His goal: He wants to found and build a university in a developing country in Africa or Asia. It is clear to him that the number of students will initially be double-digit at most. But where the three to four million dollars of start-up capital could come from, Stanford has already provided a list of sponsors.
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