NYU Stern

History

The first classes of the University were held in 1832 at Clinton Hill, near City Hall in Manhattan. In 1835, the University established its new building on Washington Square East. In 1894, the building was demolished to construct a new building called the Silver Center and the undergraduate college moved to University Heights Campus in Bronx. The Stern School of business found its roots in 1900 with the establishment of the NYU undergraduate school of Commerce, Accounts and Finance. In 1916, the School’s graduate business program was launched in New York’s downtown business street. The School of Commerce, Accounts and Finance was renamed the College of Business and Public Administration. The School was renamed as the Stern School of Business in honor of Leonard N. Stern who endowed the School with a sum of $30million.

MISSION STATEMENT

The mission of the Stern School of Business is to develop people and ideas that transform the challenges of the 21st century into opportunities to create value for business and society. Given today’s ever-changing global landscape, Stern seeks and develops leaders who thrive in ambiguity, embrace a broad perspective and think creatively about the range of ways they can have impact.

Core Strengths of the School

Embracing the four core values of academic excellence, IQ+EQ, Collaborative Community and The Energy of a Global Hub at Stern, students are able to transform themselves into global impactful business leaders of the 21st century. Stern’s unique curriculum encourages the students to strive for academic excellence by inspiring them to experiment and implement their unique ideas to create value. The School seeks individuals with exceptional interpersonal strengths who have the drive to act as forces of change. Thus, the student community formed at Stern comprises of a group of individuals who work collectively to strive for excellence and innovation to create a synergistic effect. The curriculum commences with a two-week program called Launch, where students get exposed to the hurdles faced by the society on various aspects such as fiscal crises, energy, climate change and urbanization and think about the ways in which business can contribute to resolve these challenges. A combination of core and elective courses equips the students with critical thinking and analytical skills to overcome complex situations and create value for business. Leadership Foundation, Leadership Personalized and Leadership in Action are the pillars of Leadership Development at Stern. The Leadership Development Initiative works on building the core leadership competencies of the students through a series of targeted workshops and activities. Students create their personalized leadership development plan and acquire real leadership experiences through internships, consulting projects and club leadership positions. The personalized leadership plan serves as a roadmap to assess the leadership growth in the students, and the feedback from supervisors, peers and customers further help the students in enhancing their leadership capabilities.

Uniqueness in MBA Pedagogy

At Stern, students get the chance to transform their ideas into action through a broad spectrum of experiential learning opportunities. Stern Consulting Corps SCC engages the students with non-profit and for-profit organizations, where they delve into the complex business challenges faced by these organizations in teams, pitch-in their ideas and apply the tools, frameworks and skills learned in the classroom to arrive at a sustainable solution. Students who want to gain extensive hands-on experience in the field of their interest or industry can participate in the Stern Signature Projects, where they can deepen their understanding on the specific subject. Student teams have worked for entrepreneurs from all walks of industries and resolved their pressing business issues by doing rigorous analysis and cutting-edge research. Selected second-year students serve as fellows on the boards of NYC-based non-profit organizations as a part of the Board Fellows Program and complete a strategic project.

Students can develop a global perspective by participating in the numerous international study programs offered at Stern. The Doing Business in ..DBi program enables the students to immerse into the culture of countries such as China, Argentina, Australia, Brazil, Italy and Cuba and develop an understanding of the macroeconomic factors impacting the business of these countries. Students can get hands-on social entrepreneurial experience through the International Social Impact Strategies. Students pursuing Operations Management can make a trip to Panama and study the principles of Operations Management through Operations: Panama. Students visit India to witness the social entrepreneurship in practice and form teams to create solutions to resolve the social problems through the Social Problem-Based Entrepreneurship program. The Study Abroad Semester Exchange Program enables the students to study for an entire semester in one of the leading overseas business schools at popular locations such as Hong Kong, London and Barcelona, thus enabling them to harness the energy of the global hubs.

CONCENTRATIONS OFFERED

LOCATION ADVANTAGES

Stern’s location in downtown Manhattan proves to be advantageous to the students who get unparalleled access to world’s top companies, business leaders and corporate recruiters. Manhattan is the headquarters for the U.S. financial industry Wall Street. Silicon Alley, centered in Manhattan, houses some of the high-tech industries including Internet, telecommunications, digital media, software development, biotechnology, financial technology and game design. The Apollo Theater conducts some of the best live performances of the city. The Battery Park and Central Park are the green spaces of the city that attract visitors throughout the year.

CAREER SUPPORT

The Office of Career Development comprises of numerous career counselors and relationship managers from various industries that play an instrumental role in connecting the students with potential recruiters. The innovative Ignite program that meets every Friday is designed to train students on various aspects such as networking, interviews, resume building, etc. The Office supports and sponsors industry-specific training on topics such as Financial Modeling and Casing with Stern Student Clubs. Students can connect with thousands of alumni spread across the world through the NYU Stern Connect that provides career resources and tools to stay in touch with the Stern network lifelong and leverage their services. The Career Center for Working Professional CCWP offers lifelong career development services to the Stern alumni in terms of job search strategy, networking techniques, interview preparation and resume reviews. Thus, the Office plays a crucial role in forming and maintaining deep relations across industries.