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Encyclopedia > Stern School of Business

NYU Stern School of Business Image File history File links Wiki_letter_w. ...

New York University Image File history File linksMetadata NyuTorch. ...

Established 1900
Type Private
Undergraduates ~2300
Postgraduates ~2500
Location New York City, New York, USA
Dean Thomas F. Cooley
Website www.stern.nyu.edu

The Leonard N. Stern School of Business is New York University's (NYU) business school. It was named after Leonard N. Stern, an alumnus and benefactor of the school. The school was established in 1900 as the NYU School of Commerce, Accounts and Finance. It is considered to be one of the top business schools in the United States. The school is located on NYU's Greenwich Village campus. NYU seal This is a copyrighted and/or trademarked logo. ... The date of establishment or date of founding of an institution is the date on which that institution chooses to claim as its starting point. ... Year 1900 (MCM) was an exceptional common year starting on Monday (link will display the full calendar) of the Gregorian calendar, but a leap year starting on Saturday of the Julian calendar. ... A private university is a university that is run without the control of any government entity. ... In some educational systems, undergraduate education is post-secondary education up to the level of a Bachelors degree. ... Degree ceremony at Cambridge. ... New York, NY redirects here. ... NY redirects here. ... A website (or Web site) is a collection of web pages, images, videos and other digital assets and hosted on a particular domain or subdomain on the World Wide Web. ... New York University (NYU) is a major research university in New York City. ... A business school is a university-level institution that confers degrees in Business Administration. ... Leonard Norman Stern is the Chairman and CEO of the privately owned Hartz Group based in New York City. ... The Washington Square Arch Greenwich Village (IPA pronunciation: ), also called simply the Village, is a largely residential area on the west side of downtown (southern) Manhattan in New York City named after Greenwich, London. ...

Contents

About the School

The Stern School of Business is considered to be a top-tier graduate business school in the world's financial capital. This is exemplified by the fact that its core curriculum is extremely rigorous and unparalleled in size and scope. It is said that some of the most successful business executives in the United States have graduated from Stern. An annual survey by Standard & Poor's consistently ranks Stern, Harvard and Yale as the three schools with the highest number of alumni in senior executive positions in America's largest corporations.


In the 2006-2007 academic year, 2,271 students are enrolled in Stern's undergraduate program and 3,129 are enrolled in its Master of Business Administration (MBA) programs [1]. There are 198 full-time faculty and 68 adjunct professors [2]. Stern offers a broad spectrum of academic programs at the graduate and undergraduate levels. The school is located on West 4th Street, occupying Shimkin and Tisch Halls and the Kaufman Management Center, on NYU's Washington Square campus. In the fall of 2006, Stern's Part-Time MBA Program (the Langone Program) was re-established at a branch campus in Westchester, NY, just north of New York City. Possible majors include Marketing, Finance, Information Systems, Actuarial Science, Economic Policy, Economic Theory, Accounting (CPA and General) and others, as well as a host of co-majors such as International Business, Financial Systems, and a certificate program in Entertainment, Media and Technology. Master of Business Administration (MBA) is a masters degree in business administration, which attracts people from a wide range of academic disciplines. ... A graduate school or grad school is a school that awards advanced degrees, with the general requirement that students must have earned an undergraduate (bachelors) degree. ... In some educational systems, undergraduate education is post-secondary education up to the level of a Bachelors degree. ... Washington Square is the name of some urban parks in the United States. ... Wikibooks has more about this subject: Marketing Look up marketing in Wiktionary, the free dictionary. ... Finance studies and addresses the ways in which individuals, businesses, and organizations raise, allocate, and use monetary resources over time, taking into account the risks entailed in their projects. ... It has been suggested that this article or section be merged with Information system. ... 2003 US mortality (life) table, Table 1, Page 1 Actuarial science applies mathematical and statistical methods to finance and insurance, particularly to the assessment of risk. ...


Students who attend the Stern School of Business are sometimes called "Sternies," a nickname used by both Stern students and those from other NYU schools. In the spring break of the undergraduate junior year, all Sternies travel abroad (paid for by the University) as part of the "International Study Project." During this time, students take part in projects emphasizing global business and a better understanding of another part of the world. Recent locations include: Sweden, Chile, Japan, South Korea, Germany, Mexico, and Hong Kong.


Stern also offers its own study abroad program IBEX (International Business Exchange Program). This program lasts one semester at some of the best business schools around the world. Currently Stern has multiple partner schools for this program in: Singapore, Australia, Hong Kong, Denmark, England, France, Italy, Korea, Mexico, The Netherlands, Spain, and Thailand.


Stern's undergraduate business program is consistently ranked among the top five in the U.S. by U.S. News and World Report (#2 in finance [3] and #2 in international business [4]).


Stern's MBA program is ranked:

Stern's part-time MBA program is ranked #1 in the U.S. by U.S. News and World Report [9]. The Stern School of Business is ranked #2 in business research contribution among 100 business schools worldwide by the School of Management at the University of Texas, Dallas [10]. U.S. News & World Report is a weekly newsmagazine. ... BusinessWeek is a business magazine published by McGraw-Hill. ... The Financial Times (FT) is an international business newspaper printed on distinctive salmon pink broadsheet paper. ... The Economist is a weekly news and international affairs publication owned by The Economist Newspaper Ltd and edited in London, UK. It has been in continuous publication since September 1843. ...


Stern also boasts an impressive recruiting history, with exposure to all bulge-bracket investment banks, major hedge funds, consulting firms, and graduate schools.


History

The School was founded in 1900 as the NYU Undergraduate School of Commerce, Accounts and Finance on the University's Washington Square campus. In the same year, the first women matriculated, beginning a long tradition of inclusiveness. In 1913 Jeanette Hamill, J.D., M.A., joined the School's Economics department, becoming its first female faculty member. In 1936, women comprised 15 percent of the total enrollment. The graduate business program was launched in New York's downtown business district in 1916. The School's "Wall Street Division" serves both full-time and currently employed students. The School awarded its first Doctor of Commercial Sciences degree in 1928. Year 1913 (MCMXIII) was a common year starting on Wednesday (link will display the full calendar). ...


By 1945 school's enrollment was well over 10,000 with graduates hailing from 36 countries and nearly all (then-) 48 states. In the 1960s, International business courses were introduced and became an important focus of the School's curricula. The School of Commerce, Accounts and Finance was renamed the College of Business and Public Administration in 1972. In the same year, Tisch Hall, designed by Philip Johnson and Richard Foster (see also: Bobst Library and Meyer Building) opened at 40 West Fourth Street to house the undergraduate college. In 1988, a landmark $30 million gift from alumnus Leonard N. Stern (BS, 1957; MBA, 1959) allowed the School to consolidate its graduate and undergraduate facilities at NYU's Washington Square campus. The School was renamed Leonard N. Stern School of Business. In 1992, Stern's new $68 million state-of-the-art facility, today known as "Kaufman Management Center" was inaugurated. 1933 Portrait of Philip Johnson by Carl Van Vechten Philip Cortelyou Johnson (July 8, 1906 – January 25, 2005) was an influential American architect. ... Richard Foster Richard J. Foster is a Christian theologian and author in the Quaker tradition, though his writings speak to a broader Christian audience. ... The Elmer Holmes Bobst Library, built between 1967 and 1972, is the largest library at New York University and one of the largest academic libraries in the United States. ...


In 1998, a generous $10 million gift from Dr. Henry Kaufman (PhD 1958) supported a major expansion and upgrading of Stern's facilities. The new and renovated space is used almost exclusively to improve the quality of student life. Prominent investment banker and Home Depot founder Kenneth Langone (MBA 1960) donated $10 million to Stern in 1999. The part-time MBA program is renamed the Langone program in his honor. Celebrating its 100th birthday in the year 2000, NYU Stern launched a $100 million Centennial Campaign, the School's most ambitious fundraising effort to date. The campaign doubled Stern's endowment, the number of named professorships, and the level of student financial aid. Henry Kaufman is President of Henry Kaufman & Company Inc. ... Kenneth Langone, co-founder of Home Depot, is a former director of the New York Stock Exchange. ...


Student life

Although many Sternies participate in All-Square (all university) clubs, Stern has its own Inter-Club Council that administers various geared specifically toward Stern students (though many of these are open to the entire University), as well as its own Student Council. Some of these clubs include: The Investment Analysis Group, Delta Sigma Pi, the Finance Society, the Stern Tisch Entertainment Business Association, Beta Alpha Psi, Alpha Kappa Psi, the Management Consulting Group and the Stern Business & Law society. Stern students do participate in NYU's MAP core, and close to half their courses are taken in the College of Arts and Science. ΑΚΨ (Alpha Kappa Psi) is a co-ed professional business fraternity. ... The College of Arts and Science of New York University (CAS) was the first school at NYU. Founded in 1831 by Albert Gallatin, CAS remains the largest undergraduate school at NYU and serves as the universitys undergraduate liberal arts division. ...


MBA Students also administer their own clubs, and have an even greater variety than the Undergraduate School, with clubs ranging from professional ethnic associations to specific career-oriented clubs such as the Private Equity Group, and even sports clubs like the popular Stern Soccer Club. The school also has its own governing student body, the Stern Student Corporation. Stern is known for the strength of its community, which can be described as down-to-earth, collaborative and supportive. The community is comprised of a diverse group of students and faculty that come from a variety of backgrounds, are driven and seek to achieve success yet not at the expense of a fellow student or faculty member.


All Stern undergraduate students are required to study one week overseas through the school's International Studies Program. Stern is the only undergraduate business college to incorporate and fund an overseas trip for all students as part of the business degree curriculum.


Admissions

Admission to Stern is competitive. It is generally known that the admission rate at Stern is lower than almost every other NYU undergraduate school, with the notable exception of the Tisch School of the Arts. According to BusinessWeek, 5,587 people applied for admission at the Undergraduate College for the 2005-2006 academic year and 22.6% were admitted. Of this 22.6%, 38% matriculated. The overall NYU admission and yield rate for '05-'06 was 29.6% and 36.3%, respectively. In 2006-2007 the average SAT Score of incoming freshmen at the Undergraduate College was 1441 and the average GPA was 3.76 [11]. Tisch School of the Arts (known more commonly as Tisch or TSOA) is one of the 15 schools that make up New York University (NYU). ... The SAT is a standardized test for college admissions in the United States. ...


The MBA school's admission rate is also low, listed at 22.4% for 2004-2005. The incoming (full-time) MBA Student's average GMAT score was 699 with an average GPA of 3.4. Graduate Management Admission Test, perhaps better known by its initialism GMAT, is a standardized test for determing aptitude in business management studies. ...


Stern's biggest competitors for cross admits include the Wharton School of Business (University of Pennsylvania), the Sloan School of Management (Massachusetts Institute of Technology), Kellogg School of Management (Northwestern University), Ross School of Business (University of Michigan), Haas School of Business (University of California, Berkeley), and Cornell University College of Agriculture and Life Sciences (Cornell University). The Wharton School of the University of Pennsylvania is a business school at the University of Pennsylvania, USA. The school was founded by Joseph Wharton, who also was one of the founders of Swarthmore College (founded in 1864), in 1881 as the first collegiate business school in the United States. ... This article is about the private Ivy League university in Philadelphia. ... The Sloan School of Management, one of the five schools of MIT, is a leading business school. ... The Massachusetts Institute of Technology (MIT) is a private, coeducational research university located in Cambridge, Massachusetts. ... The Kellogg School of Management at Northwestern University, also known as The Kellogg School or simply Kellogg, is considered one of the worlds leading graduate business schools. ... Northwestern University is a private, coeducational, non-sectarian research university, located in Evanston and Chicago, Illinois. ... An aerial view of Michigan’s central campus, with the art museum and law quadrangle in the foreground, and the business school in the background prior to the facilities enhancement project. ... The University of Michigan, Ann Arbor (UM, U of M or Umich) is a coeducational public research university in the U.S. state of Michigan. ... Eastern entrance The Walter A. Haas School of Business, better known as the Haas School of Business or simply Haas, is one of 14 schools and colleges at the University of California, Berkeley. ... Sather tower (the Campanile) looking out over the San Francisco Bay and Mount Tamalpais. ... The College of Agriculture and Life Sciences (abbreviated to CALS or Ag School) at Cornell University is a contract college of New York and is considered by many to be the top school of agriculture-related sciences in the world. ... Cornell University is a private university located in Ithaca, New York, USA. Its two medical campuses are in New York City and in Education City, Qatar. ...

Alumni and Faculty

NYU Stern boasts a long list of notable alumni, see List of NYU Stern People See also List of New York University People To meet Wikipedias quality standards, this article or section may require cleanup. ... This is a list of people associated with New York University. ...


Notable Student Events

  • Every year undergraduate junior students go on spring break to another country to study business practice as part of Stern's "Global Business Experience". The trip is completely subsidized by Stern. Locations for 2005-2006 included Santiago, Chile, Berlin, Germany and Hong Kong, China
  • On April 6, 2006, Thomas Friedman of New York Times gave a lecture to Stern students and alumni on his perspective about globalization. The lecture can be uploaded from MIT OpenCourseWare, where he presented the same material to MIT students in May 16 2005 (and it is free).

The snowcapped Andes above downtown Santiago Santiago (frequently called   in Spanish) is Chiles capital and, when viewed as a conurbation, its largest city. ... For other uses, see Berlin (disambiguation). ... Hong Kong (香港; Cantonese IPA: ; Jyutping: hoeng1 gong2; Yale: heūng góng; pinyin: Xiānggǎng; Wade-Giles: Hsiang-kang) is one of the two Special Administrative Regions of the Peoples Republic of China. ...

External links

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Academics New York University (NYU) is a major research university in New York City. ... New York University (NYU) is a major research university in New York City. ...

Erich Maria Remarque InstituteFurman Center for Real Estate and Urban PolicyGNATMount Sinai School of MedicineNew York Institute for the Humanities The Erich Maria Remarque Institute is an institute under the auspices of New York University that focuses on contemporary Europe. ... The Furman Center is a joint center at New York University School of Law and the NYU Wagner School of Public Service. ... For German Naval Acoustic Torpedo see G7es torpedo, for the light jet aircraft see Folland Gnat and for the UAV see GNAT-750. ... This page is about a medical school in New York. ... The New York Institute for the Humanities (NYIH) is an academic organisation affiliated with New York University, founded by Richard Sennett in 1976 to promote the exchange of ideas between academics, professionals and the general public. ...

Athletics New York University (NYU) is a major research university in New York City. ...

Coles Sports and Recreation CenterDeans' CupEast River ParkEastern Intercollegiate Volleyball AssociationFencingRiverbank State ParkUniversity Athletic AssociationVan Cortlandt ParkViolet D. Bobcat Students play a game of basketball in NYUs intramural sports program. ... The Deans Cup is an annual charity basketball game between the law schools of Columbia University and New York University (NYU). ... East River Park, part of the New York City Parks Department, is a public park located on the Lower East Side of Manhattan. ... The Eastern Intercollegiate Volleyball Association (EIVA) is a college athletic conference whose member schools compete in mens volleyball. ... // Organization Three women collegiate fencers, Julia Jones and Dorothy Hafner of New York University and Elizabeth Ross of Cornell University, founded the NIWFA in 1929. ... Riverbank State Park is located in Manhattan, New York in the USA. The park is within New York City and is the only state park in Manhattan. ... The University Athletic Association (UAA) is an athletic conference which competes in the National Collegiate Athletic Associations (NCAA) Division III. Member teams are located in Georgia, Illinois, Missouri, Pennsylvania, Massachusetts, Ohio and New York. ... Van Cortlandt Park is a large urban park in the Bronx, NY. It has an area of 1,146 acres (4. ... Violet D. Bobcat is a mascot used by New York University. ...

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Bobst Library • La Maison Française • Residence HallsPuck BuildingRusk Institute of Rehabilitation MedicineSilver CenterTamiment Library and Robert F. Wagner ArchivesUnion SquareVilla LaPietraWashington Square Park Built between 1967 and 1972, the Elmer Holmes Bobst Library serves the New York University community. ... Washington Square La Maison Française is the center for French culture at New York University. ... 200 Water Street Hayden Hall, 33 Washington Square West Dormitories at New York University are unique in that many are converted apartment complexes or old hotels. ... Gilded figure of Puck The Puck Building occupies the block bounded by Lafayette, Houston, Mulberry and Jersey Streets in the borough of Manhattan, New York City, USA. This example of Romanesque Revival architecture, designed by Albert and Herman Wagner, was constructed in 1885 and expanded in 1893. ... Rusk Institute of Rehabilitation Medicine. ... The Silver Center of Arts and Science was built to replace New York Universitys original Main Building. ... The Tamiment Library is a research library at New York University that documents radical and Left history, with strengths in the histories of communism, socialism, anarchism, the New Left, the Civil Rights Movement, and utopian experiments. ... Union Square Union Square (also known as Union Square Park) is an important and historic intersection in New York City, located where Broadway and the Bowery came together in the early 19th century. ... New York University: Villa LaPietra Villa Lapietra Villa LaPietra is the 57-acre estate of New York Unviersity in Florence, Italy. ... It has been suggested that this article or section be merged with Washington Square North. ...

People

President John SextonAlbert Gallatin John Sexton at NYU commencement John Edward Sexton (born 1942) is the fifteenth President of New York University, having held this position since 2002. ... Abraham Alfonse Albert Gallatin (January 29, 1761 – August 12, 1849) was a Swiss-American ethnologist, linguist, politician, diplomat, Congressman, and the longest-serving United States Secretary of the Treasury. ...

Schools New York University (NYU) is a major research university in New York City. ...

Undergraduate Colleges and Schools
College of Arts and ScienceCollege of DentistryCourant InstituteEhrenkranz School of Social WorkGallatin School of Individualized StudySteinhardt School of Culture, Education and Human DevelopmentStern School of BusinessTisch School of the Arts The College of Arts and Science of New York University (CAS) is the oldest school at NYU, founded in 1831. ... The New York University College of Dentistry is one of 14 schools and divisions at New York University // History (NYUCD) was founded in 1865 as the New York College of Dentistry. ... The Courant Institute of Mathematical Sciences (CIMS) is a division of New York University (NYU) and serves as a center for research and advanced training in computer science and mathematics. ... The Ehrenkranz School of Social Work is a division within New York University. ... The Gallatin School of Individualized Study (generally known simply as Gallatin) is a small college within New York University. ... The Steinhardt School of Culture, Education and Human Development is one of 14 divisions within New York University and is the oldest professional School of Education in the United States. ... Tisch School of the Arts (known more commonly as Tisch or TSOA) is one of the 15 schools that make up New York University (NYU). ...


Graduate/Professional Colleges and Schools
College of Arts and ScienceContinuing and Professional StudiesInstitute of Fine ArtsSchool of LawSchool of MedicineWagner Graduate School of Public Service The NYU Graduate School of Arts and Science is one of 14 divisions within New York University and was founded in 1886 by Henry Mitchell MacCracken, establishing NYU as the second academic institution in the United States to grant Ph. ... The School of Continuing and Professional Studies is a unit of New York University. ... The Institute of fine Arts is one of the 14 divisions of New York University (NYU). ... Vanderbilt Hall The New York University School of Law (NYU Law) is the law school of New York University. ... The New York University School of Medicine was founded in 1841, ten years after the New York Universitys founding, as the University Medical College. ... The Robert F. Wagner Graduate School of Public Service (often truncated to NYU Wagner or simply Wagner) is public policy school and one of 14 schools and divisions at New York University and the largest school of public service in the United States. ...

Student Life New York University (NYU) is a major research university in New York City. ...

Eucleian SocietyPhilomathean SocietyThe PlagueWashington Square NewsWNYU The Eucleian Society is a Student Society began at New York University in 1832. ... The Philmathean Society at New York University is a student society based at but not officially connected to New York University. ... The cover of the Fall 2006 issue of The Plague The Plague is New York Universitys campus comedy magazine. ... The Washington Square News is the daily student newspaper of New York University. ... WNYU is a non-commercial radio station owned and operated by New York University. ...


  Results from FactBites:
 
NYU Stern (239 words)
And in the uniquely supportive environment of NYU Stern’s Greenwich Village campus, you’ll acquire the knowledge, skills, experience, and networks you need to achieve your fullest potential.
"...When applying to business schools, NYU President John Sexton's commitment to university-wide 'greening' was a huge draw for me.”...
Stern's Association of Hispanic and Black Business Students Champions Minority Leadership in Global Business at 22nd Annual Conference
NYU Stern (212 words)
The "gold standard" in business education, Stern's Full-time MBA program is world-renowned for its academic excellence, global focus, real-world underpinnings, and New York synergies.  
NYU Stern's Langone Part-time MBA Program is designed for maximum flexibility to accommodate professionals interested in earning an MBA while remaining in the workforce.
Stern's Undergraduate College is among the most selective undergraduate business programs in the country.
  More results at FactBites »

 
 

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