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Thursday, November 15, 2007

TCRSH - Leonard N. Stern School of Business, New York University

The Stern DifferenceAcademic PowerThe reputation of Stern’s graduate and undergraduate programs is at an all-time high, with top-ten positions in the most prestigious national and international business school rankings.World-class FacultyStern’s junior faculty is one of the strongest in the nation. Its senior faculty includes a Nobel laureate, award-winning authors, and leading scholars whose research is expanding the boundaries of business knowledge.Stellar StudentsThe students entering Stern today are the brightest, best prepared in its history. The average GMAT scores of admitted graduate students have increased further and more consistently than at any other top business school in the country. The average SAT scores of admitted undergraduate students are among the highest of any undergraduate business program in the nation.DiversityAt Stern, a culture of diversity is not only encouraged, it is embraced. Stern students come from across the United States and more than 50 countries. Between 35 and 40 percent of the full-time MBA enrollment at Stern has consistently been female—among the highest percentages at any top-ranked business school. Stern’s commitment to recruiting underrepresented minorities is unwavering.Real-world Application NYU Stern is famous for it practical, hands-on approach to business education. The creative synergy between NYU Stern and New York business ensures that classroom learning is grounded in the real world and that an ideal balance between theory and practice is maintained throughout Stern’s portfolio of programs.Global FocusNo business school anywhere is more internationally focused than Stern. Its undergraduate college is the only one that incorporates—and funds—an international business study trip for all students. The TRIUM Executive MBA Program, offered by Stern in partnership with two other renowned international universities, represents a major breakthrough in global business education.CommunityNYU Stern is a place where students help and support each other and where community service is an important aspect of the educational experience. The spirit of teamwork and cooperation is evident everywhere at Stern, and fosters close personal and professional relationships that last long after graduation.Worldwide NetworksOne of the largest, most successful alumni bodies of any business school in the world, Stern graduates are a tremendous resource for both the School and its current and future students. Stern alumni in major cities around the world constitute a truly global network, offering information, advice, and job opportunities to fellow alumni and current students.Stern Timeline 1900 - The NYU undergraduate School of Commerce, Accounts and Finance is founded to provide professional training for young people in the business world. It is located on the University’s Washington Square campus.In the same year, the first women matriculate, beginning a long tradition of inclusiveness.1913 - Jeanette Hamill, J.D., M.A., joins the School’s Economicsdepartment, becoming its first female faculty member.1916 - The graduate business program is launched in New York’s downtown business district. The School’s "Wall Street Division" serves both full-time and currently employed students.1928 - The School awards its first Doctor of Commercial Sciences degree.1936 - Women comprise 15 percent of the total enrollment.1941 - Business school enrollment reaches 10,000.1945 - Business school graduates now hail from 36 countries and nearly all 48 states.1960s - International business courses are introduced and become an important focus of the School’s curricula.1972 – The School of Commerce, Accounts and Finance is renamed the College of Business and Public Administration. Tisch Hall opens at 40 West Fourth Street to house the undergraduate college.1988 - A landmark $30 million gift from alumnus Leonard N. Stern (BS, 1957; MBA, 1959) allows the School to consolidate its graduate and undergraduate facilities at NYU’s Washington Square campus. The School is renamed the Leonard N. Stern School of Business.1992 - Stern's new $68 million state-of-the-art facility is inaugurated.1993 - The Stern MBA curriculum is restructured to better prepare students for the new realities of a global business environment.1997 - Stern’s undergraduate curriculum is revamped to provide every student with broader exposure to the arts and sciences, more in-depth business courses, and subsidized opportunities for international study.1998 - A generous $10 million gift from Dr. Henry Kaufman (PhD 1958), the noted economist and Chairman Emeritus of the Stern Board of Overseers, underwrites a major expansion and upgrading of Stern’s facilities. New and renovated space is used almost exclusively to improve the quality of student life.1999 - In response once again to rapid changes in business and technology, the Stern MBA curriculum is retooled to better equip students with the broad-based knowledge, global perspective and cross-functional skills employers most want in an MBA.Prominent investment banker and Home Depot founder Kenneth G. Langone (MBA 1960) donates $10 million to Stern. The part-time MBA program is renamed the Langone program in his honor.Stern anticipated its 100th birthday in the year 2000 by launching a $100 million Centennial Campaign, the School’s most ambitious fundraising effort to date. The campaign doubles Stern’s endowment, the number of named professorships, and the level of student financial aid.Today - Stern’s reputation is at an all-time high, and its contributions to the business life of New York and the nation have never been greater. Today’s Stern is a vital part of the 13 schools, colleges, and divisions that comprise New York University, one of the world’s most dynamic and distinguished learning centers.

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