Founded in 1831, the well-known MBA business school, under the umbrella of New York University, has outstanding academic achievements in the fields of economics, business, and management, and has the reputation of being a training base for financial talents on Wall Street
Founded in 1831, New York University is the largest private university in the United States. NYU was founded by Albert Gallatin, Secretary of the Treasury under President Thomas Jefferson. The mission of the university is "to establish a rational and practical educational and academic system in a large and rapidly developing cosmopolitan city." The Leonard N. Stern School of Business is one of the most prominent schools at NYU, with a strong academic record in the fields of economics, business, and management.
Business schools have also amassed significant prestige over the centuries of history. To cite just a recent example: in the Financial Times' 2003 Global EMBA Program Rankings, NYU Business School ranked 5th overall and 1st in finance. In U.S. News & World Report's 2003 Global Part-Time MBA Program Rankings, NYU Business School ranked No. 1 overall. In Business Week's 2003 Global EMBA Program Rankings, NYU Business School was ranked No. 7 overall.
Notable alumni of NYU Business School in the field of finance include: Federal Reserve Chairman Alan Greenspan, Executive Director of the New York Stock Exchange/President of Lehman Brothers Investment Bank Holdings, Inc. Robert Greifeld, CEO and President of the NASDAQ Stock Exchange, HARVEY GOLUB, Chairman of the Board of Directors of American Express Financial Corporation, Allen Wheat, Chairman of the Board of Directors of Credit Suisse First Boston, JEFFREY KOO, PRESIDENT OF CHINA TRUST COMMERCIAL BANK (TAIWAN), ETC. Robert Engel, winner of the 2003 Nobel Prize in Economics, is currently a professor of finance at New York University's Business School.
NYU Business School's proximity to Wall Street, the financial center, and its extensive connections with hundreds of world-class financial research institutions and financial firms, make NYU Business School an outstanding advantage not only in academic theory, but also in financial practice. New York City is home to the world's largest financial center and the headquarters of the United Nations. With its geographical and academic strengths, NYU Business School has become a truly world-class, global research and academic institution for business and economic management.
As with Columbia Business School, students' choice of Stern is mostly location-related. Since it's just a stone's throw from Wall Street, you won't be surprised to hear that it leverages most of its close ties to New York's financial community. Stern is distinguished in finance, and his finance department regularly leads the way in developing and disseminating knowledge of the latest technologies and concepts. You're likely to think of Stern because you're looking for a job in finance (American Couriers, Chasey Manhattan, Goldman Thatch, and Drott Consulting are among the top recruiters), but it also has strength in other areas, most prominently international business, information systems, and entrepreneurship. The percentage of female students in Stern is even higher than in Colombia, with teachers and students from different countries. Its communication programs are comprehensive, and its guest lecture series attracts some of the world's top executives.
Alumni support should perhaps be strengthened, and one student admitted with a wry smile that he lamented the missed opportunity to drink with Stern's alumnus, Federal Reserve Bank President Alan Greenspan. Like many big cities, these colleges without campuses have deprived some students of social activities. "Socially, I really want it to be a close-knit college. While I met a lot of amazing people and made great connections, I didn't know if there would be an opportunity to develop deep friendships," said one student. Even so, Stern's students have a reputation for being with the college and organise a lot of important events.
Stern College is based in two buildings, the Henry Kaufman Management Center and Tich Hall, which is located in Washington Square. It shares the Tihi Hall with the business undergraduate program. Some classes expand into Smkin Hall next door to Kaufman. The college facilities are modern and well designed. Stern's newly built graduate housing for 120 students. It also has a lot of apartment buildings in the surrounding area for students to rent.
