Stern School of Business
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| Stern School of Business | |
|---|---|
| Name | Stern School of Business |
| Established | 1900 |
| Type | Private |
| Parent | New York University |
| Location | New York City, Manhattan |
| Dean | Erik Gordon |
Stern School of Business is the business school of New York University located in Manhattan, New York City. Founded in 1900, the school is situated in the Greenwich Village neighborhood and is a prominent institution for finance, management, and related professions. Stern maintains extensive ties with Wall Street firms, global corporations, and international institutions, and its curriculum emphasizes quantitative analysis, markets, and leadership.
History
The school's origins trace to the School of Commerce, Accounts and Finance at New York University and the philanthropy of Robert B. A. Stern-era benefactors and 20th-century donors who shaped early curricula in accounting, finance, and marketing. Throughout the 20th century the institution evolved amid transformations driven by events such as the Great Depression, the expansion of Wall Street in the postwar era, and the globalization trends following the Bretton Woods Conference. In the 1960s and 1970s, faculty recruited from Harvard Business School, Wharton School, and Columbia Business School helped expand executive education and doctoral programs. The late 20th century saw partnerships with multinational corporations like Goldman Sachs, JPMorgan Chase, and Morgan Stanley, while the early 21st century added programs responding to crises such as the 2008 financial crisis and regulatory changes following the Dodd–Frank Wall Street Reform and Consumer Protection Act.
Campus and Facilities
Stern's primary facilities are located in and around Warren Hall and several adjacent buildings near Washington Square Park and Lafayette Street. Classrooms and lecture halls feature technology adopted from collaborations with IBM, Microsoft, and Cisco Systems. The school houses trading and analytics laboratories outfitted with terminals from Bloomberg L.P., Thomson Reuters, and FactSet Research Systems for student use. A separate executive education center hosts programs linked to corporate partners such as McKinsey & Company, Boston Consulting Group, and Bain & Company. The campus is also proximate to cultural institutions including the New York Public Library, Lincoln Center, and the Metropolitan Museum of Art, enabling cross-institutional events and guest lectures from leaders at United Nations agencies and multinational banks.
Academic Programs
Stern offers undergraduate degrees and graduate programs such as the Bachelor of Science in Business, the Master of Business Administration, specialized masters in quantitative finance, risk management, and data analytics, as well as doctoral degrees. MBA pathways include full-time, part-time, and executive tracks designed for applicants with experience from firms like Ernst & Young, KPMG, PricewaterhouseCoopers, and Deloitte. Joint degrees integrate study with NYU School of Law, NYU School of Medicine, and international partners such as London Business School and HEC Paris. The curriculum draws on faculty research published in journals tied to American Economic Association conferences and citations in policy discussions around Securities and Exchange Commission rules and Federal Reserve policy. Programs emphasize experiential learning through consulting projects with Procter & Gamble, investment simulations mirroring practices at BlackRock and Vanguard Group, and entrepreneurial support linked to incubators that have launched startups acquired by Google, Amazon (company), and Facebook.
Research and Centers
Stern houses research centers and initiatives focused on finance, risk, policy, and markets. Notable centers engage scholars who collaborate with institutions like the National Bureau of Economic Research, the Brookings Institution, and the Council on Foreign Relations. Centers concentrate on topics connected to global capital markets, behavioral finance influenced by work of scholars associated with Nobel Memorial Prize in Economic Sciences laureates, corporate governance tied to standards set by Securities and Exchange Commission, and fintech studies referencing innovations from PayPal and Square (company). Cross-disciplinary projects have partnered with NYU Tandon School of Engineering on machine learning applications and with NYU Wagner Graduate School of Public Service on urban finance. The school regularly hosts symposia featuring speakers from International Monetary Fund, World Bank, and leading central banks.
Admissions and Student Life
Admissions are competitive, drawing applicants from sectors including investment banking at Goldman Sachs and Morgan Stanley, management consulting at McKinsey & Company and Boston Consulting Group, technology firms such as Apple Inc., Microsoft, and Google, and nonprofit organizations including The Rockefeller Foundation. Standardized testing and holistic review incorporate prior employment with firms like General Electric and academic credentials from institutions such as Columbia University, Harvard University, and Princeton University. Student life includes clubs and organizations tied to careers and identities—finance clubs, consulting clubs, entrepreneurship groups, and affinity clubs aligned with networks like Asia Society and Out in Business. Career services facilitate recruiting events and on-campus interviews with firms including Blackstone Group, CitiGroup, and Deutsche Bank. Student activities also engage cultural programming with performers and speakers from Metropolitan Opera, The New Yorker, and civic leaders associated with City of New York offices.
Notable Faculty and Alumni
Faculty and alumni have included influential scholars, executives, and public figures who have held leadership roles at entities such as Federal Reserve Bank of New York, International Monetary Fund, and multinational corporations including Goldman Sachs, BlackRock, and Morgan Stanley. Alumni have served in elected office and public administration in roles connected to United States Department of the Treasury and municipal leadership in New York City. Faculty research and alumni ventures have been recognized by awards including the Nobel Prize in Economic Sciences, the John Bates Clark Medal, and industry honors from Institutional Investor and Financial Times. The community includes entrepreneurs who founded startups acquired by Adobe Systems, Twitter, and Salesforce, as well as executives who became CEOs at major corporations such as American Express and Mastercard.