The NYU Stern Story With some of the greatest minds in business on our faculty We have a long history of innovation and excellence 1831 NYU founded 1900 First women matriculate 1916 ID: 621391
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Slide1
The NYU Stern Story
The NYU Stern StorySlide2
With some of the
greatest minds in business on our faculty:
We have a long history of
innovation and excellence
1831
NYU
founded
1900
First
women
matriculate
1916
Graduate
Business
ProgramLaunched
1936Women comprise 15% of total enrollment
1982
Executive MBAprogram islaunched
1988Landmark gift from Leonard N. Stern. Consolidation of Facilities in Washington Square Park
1999
International Studies Program founded – 100% of Undergrads travel abroad
2000
Stern, LSEand HEC partnerto create TRIUM
2008School authors: Solutions toFinancial Crisis – Restoring Financial Stability
1900UndergraduateCollegefounded
2013
Full-time MBA, Fall 2013: Avg GMAT 721; 35% international & dual citizens; 39% women; 16% underrepresented minorities
W. Edwards Deming
(1946 – 1993)
to name a few…
Peter
Drucker
(1950 – 1971)
Robert Engle
(2000 – present)
Michael Spence(2010 – present)
Thomas Sargent
(
2002
– present)Slide3
Assumed NYU Stern deanship on 1/15/10
Joined Stern from Stanford University Graduate School of Business, where he was the
Konosuke
Matsushita Professor of International EconomicsLed Obama Transition Team’s review of International Monetary Fund, World Bank
Member of the Board of Directors, National Bureau of Economic Research
Nonresident Senior Fellow, Brookings Institution
Member, Council on Foreign Relations
Rhodes Scholar, Oxford University
Ph.D., Economics, Massachusetts Institute of Technology
“
At the highest level, our mission is to develop ideas and leaders that transform 21
st
century problems into opportunities that create value for business and society.
Peter Henry, Dean, NYU Stern
We’re proud of our history and very focused on the futureSlide4
“
At the Undergraduate College we are continuing on our path of academic excellence and innovation, deepening our global presence,
and
enhancing engagement within our community. We strive to educate and inspire a collaborative community of undergraduates who are intellectually vibrant, socially engaged, global leaders and thinkers.”
Assumed Undergraduate College deanship on 07/15/11
Abraham
Krasnoff
Professor of Global Business, 2010 – present
Joined Stern in 1990 as a marketing
professor, and was chair of the Stern Marketing
Department, 2004-2008
Doctoral student mentor with placements at USC, Kellogg, Chicago, Cornell, Dartmouth
President, Association of Consumer Research, 2010Associate Editor, Journal of Consumer Research and Journal of Marketing ResearchResearch Grants from NIH and American Diabetes Association
Marketing professor at Wharton, 2008-2010; Visiting faculty at Indian School of Business, Stanford, Indian Institute of Management Proud parent of NYU
Tisch seniorGeeta Menon, Dean, Undergraduate College
Preparing studentsto be 21st century leadersSlide5
The Stern advantage
is
An Education in Possible
Broaden mindsets.
Promote disruptive thinking & experimentation to discover solutions.
Ensure an openness and broad thinking about ways to create value.
An Education in Possible
promises
rigor in the classroom and engagement beyond the classroom in order to:Slide6
Through our deep commitment to four core values:
How do we deliver
An Education in Possible?
Our
classroom,
where an Education in Possible takes place, integrates the energy of NYC and NYU's global hubs into our academic environment. Nowhere but at Stern can students experience such dynamic interactions between the world's leading businesses, influential policymakers and the cultural richness of NYC and cities around the world. Our
locational
endowment creates the opportunity to access an unparalleled, far-reaching network of support and a wealth of resources to bring ideas to life.
ACADEMIC
EXCELLENCE
IQ & EQ
COLLABORATIVE COMMUNIT
Y
THE ENERGY OF A GLOBAL HUB
Our
culture
of an Education in Possible is brought forth by the power of collaboration to inspire and drive students to create collective impact. Stern's uniquely collaborative community provides students with an abundance of leadership opportunities, team roles, clubs and cohorts to foster a culture of shared learning and doing.1
2
34
Our
fuel of an Education in Possible is a community comprised of people who have both intellectual and interpersonal strengths. Stern actively brings together individuals who are naturally inclined to think big and inspire others to take action. Our
foundation of an Education in Possible comes not just from knowing the right answers, but also from asking the right questions. By challenging the limits of business and pursuing the possibilities of what it can achieve, students gain a unique view of their potential to affect positive change. Taught by one of the largest and best faculties in the world, students develop a deeper set of skills and a broader perspective on how business can create value in the world. And that’s what sets us apart.Slide7
Stern is
world renowned for…
Average GMAT
score*
Source:
US News & World Report
‘14
Diversity*
Percentage of Women
Excellent Source of Talent
# of CEOs that are Stern Alumni
# of times we are in the news each day
(2012-13)
Executive Programs
Rank for Executive MBA
(US News ’14)
Placement of PhDs
in the world for placing PhDs in top
B-schools
(FT ’13)
Exceptional Student Quality
Leadership in
Academics & Research
Thought leadership and expert opinion
#
5
721
1445
Average Undergraduate College SAT
(M+V) score
(Fall 2013 incoming freshmen; as of Aug ‘13)
Full -time MBA selectivity (US News ‘14)
in the world for research productivity (Univ. of Texas at Dallas ‘08-’12) #3
#5
#9 #10 #4
in Finance
in
International
in
Accounting
in Marketing
39%
16%
*Full-time
MBA enrolled, fall ’13
Percentage
of international students + dual citizens
1,500
750
# of companies that source talent from Stern annually
11
400
Op-eds published by faculty in top media outlets
(2012-13)
#6
#4
TRIUM Global Executive MBA
(FT ’13)
#5
For Finance
(FT ’13)
#1
MBA program ranks #1 for feeding students to hedge funds; Undergraduate program ranks #3
(
HFObserver
’12)
35%
Percentage
of underrepresented minorities
3
Active Nobel Laureate faculty
#2
For Luxury Marketing
(BestMasters.com 2012/2013)
#3
in
Nonprofit
#10
#10
in
Information Systems
in
Nonprofit
#6
World
rank for
number
of studies published
(FT ’13)
#12
For Universities that produce the Most CEOs
(
Times Higher Education
, ’13) Slide8
Our Alumni Network
is
100,000+
Strong
In
125
countries
67 regional groups (25 domestic / 42 international)Slide9
Economics
Management &
Organizations
Finance
Marketing
Entertainment,
Media &
Technology
Information Systems & Operations Management
Accounting
Our
Areas of Study
Information, Operations & Management Sciences
Data mining
Outsourcing
Social networks
E-commerce Statistics
Accounting
Intangible assets Fair value/mark-to-market Forensic accounting Financial accounting standards
Economics
Monetary policy Central banking Global business environment Economic forecasting
Emerging marketsManagement & Organizations Leadership Organizational change
Conflict and negotiation Management Communication Strategy Game Theory
Finance
Corporate finance Behavioral finance Hedge funds Private equity RestructuringMarketing
Luxury & retail
Consumer behavior
Branding Pricing
Entertainment,
Media & Technology
Sports marketing
Entertainment industry (global) Business of film producing
Entrepreneurship & Innovation Social enterprise
Start-ups Corporate social responsibility
Venture capital
Business
& Society
Business & Society
Corporate Governance
Corporate Social Responsibility
Managerial Ethics
Professional Responsibility & Leadership
Entrepreneurship &
InnovationSlide10
Our
Centers of Research
Berkley Center for Entrepreneurship and Innovation
Center for Business Analytics
Center for Business and Human Rights
Center for Global Economy and Business
Center for Real Estate Finance Research
Glucksman
Institute for Research in Securities Markets
NYU Pollack Center for Law and Business
Salomon Center for the Study of Financial Institutions
Urbanization Project
Vincent C. Ross Institute of Accounting Research
Volatility InstituteSlide11
Our
Faculty
Our
Alumni
Our
Partners
Our
Programs
Our
StudentsSlide12
Our Faculty
We have
recognized thought leaders in all areas of business
Ethics & Corp. Governance
Jonathan
Haidt
Organizational Change
Batia
Wiesenfeld
Consumer Psychology
Priya
Raghubir
Bankruptcy
Edward Altman
Intangible Assets
Baruch Lev
Judgment & Decision Making
Vicki Morwitz
Business Analytics
Vasant Dhar
International Economics
Nouriel Roubini
Data Driven Marketing
Yuxin
Chen
Game Theory
Adam
Brandenburger
Investment Banking
Roy Smith
Globalization of Entertainment
Sam Craig
Human Rights
Michael Posner
Financial Historian
Richard
Sylla
Pricing
Russ
Winer
Hedge Funds
Stephen Brown
Risk Management
Ingo Walter
Consumer Choice
Tülin
Erdem
Macroeconomics
Thomas Cooley
Entrepreneurship
& Innovation
Luke Williams
Executive Compensation
Xavier
Gabaix
Valuation
Aswath
Damodaran
Urbanization & Development
Paul
Romer
Volatility
Robert Engle
Economic Growth
Michael Spence
Executive Compensation
David
Yermack
Digital & Luxury Marketing
Scott Galloway
Network Effects &
Telecommunications
Nicholas Economides
Digital Economics &
Sharing Economy
Arun
Sundararajan
Digital
Marketing
Anindya
Ghose
Family Business
Belén
Villalonga
Shareholder Activism
April Klein
Real
Estate Finance
Stijn
Van
Nieuwerburgh
Here are
just a few
examples
whose
names
have become synonymous
with
their field of study…Slide13
33
Stern professors developed 18 policy white papers in 6
weeks (fall ’08) Book #1 published by Wiley: “Restoring Financial Stability: How to Repair a Failed
System” (Mar ’09)Book launch with alumni and business community (March ’09)
MBA
Course
taught (Feb - Mar ’09)
Book #2 published by Wiley: “Regulating Wall Street” (Nov ’10)
Book #3 published by Princeton University Press: “Guaranteed to Fail: Fannie Mae, Freddie Mac, and the Debacle of Mortgage Finance” (Mar ’11)
Op-eds authored: 285 (‘08-’09); 397 (’09-’10) & 496 (’10-’11) & 524 (’11-’12) & 404 (’12-’13)
News stories: 11,000+ (’08-’09); 9,000+ (’09-’10) & 9,400 (’10-’11) & 8,351 (’11-’12)
& 3,840 (’12-’13) Ongoing research
Our FacultyStern Faculty On The Global Financial CrisisSlide14
Our Faculty
Three Noble Laureates
Robert Engle
2003 Nobel Prize Winner
Michael
Armellino
Professor of Management & Financial Services
Director, Volatility Institute
Thomas
Sargent
2011 Nobel Prize Winner
William R. Berkley Professor
of Economics & Business
Michael Spence
2001 Nobel Prize Winner
William R. Berkley Professor
of Economics & Business
NYU Stern has three Nobel Prize winners who are active on the faculty
.Slide15
Xavier
Gabaix has been awarded
The Fischer Black Prize, considered one of the most prestigious awards among scholars in the field of Finance. Established in 2002 and awarded biennially by the American Finance Association, the prize is given to an individual researcher under the age of 40 for a body of original work that is relevant to Finance practice. As noted by the selection committee, Xavier has made many highly original contributions on a number of subjects in Financial Economics, notably on the level of compensation of corporate executives and behaviorally influenced decision making and its influence on asset markets.
Alexander Ljungqvist received the 2011 Ewing Marion Kauffman Prize Medal for Distinguished Research in Entrepreneurship. This award is also given biennially to a researcher under 40 years old, who has made a significant contribution to the literature in entrepreneurship.
Social Science Research Network rates
NYU Stern #
1 among the top 500 US business schools for new downloads of research within the past 12 months (September, 2012).
NYU Stern is the only business school in the world with
three Nobel Prize winners
who are active on the faculty.
Nouriel
Roubini, Paul Romer and Jonathan Haidt made
Foreign Policy’s 2012 list of the “Top 100 Global Thinkers” (December, 2012)
Our Faculty
Rising Faculty StarsSlide16
Undergraduate College
Full-time MBA
Langone
MBA for Working Professionals
Executive MBA
Global Degree Programs
PhD Program
Executive Education
Our
ProgramsSlide17
Cutting Edge Curriculum
Business
+ broad-based liberal arts
Social
Impact
core
#5 in
US News & World Report
(since 2004) for Best Undergraduate Business Education
Global Innovation
More than two thirds of our students spend one or more semester abroad
Through the Barr
Family International Studies Program and the Business and the Political Economy degree, every student is ensured a global experience Access to NYC
Nearly 90% of students take advantage of local internships
Cohen Arts & Culture Experience leverage city each weekUpdated August 2013
Our ProgramsThe Undergraduate College
We educate and inspire
a community of socially-engaged, intellectually vibrant, global leaders and thinkersSlide18
Customizable Coursework
More than half of courses are electives
Specialize in up to 3 areas out of 20+
Study abroad or
“Doing
B
usiness
I
n
…” programs
Real-world Learning
Stern Consulting Corps
Industry Mentoring InitiativeRecruiters Value Stern Students 150+
companies employed Stern MBAs in full-time roles in
’11-’12 School of choice across industriesMore than 70% of graduates secure jobs through school resources (May ’12 grads)
Our Collaborative Approach Sets Us ApartCommunity cultureCultivating world leaders
Our ProgramsThe Full-time MBA Program
We integrate academic rigor with the opportunities
of NYC to prepare students for life-long career successSlide19
Best Reputation
in the
Country
Consistently
top ranked*
Unbeatable Flexibility
Weeknights, weekends or Westchester options
2-6 year program
Intensive courses over holiday breaks at Washington Square or abroad
Ramp up or slow down as
needed
*US News & World Report Our Programs
The Langone
MBA for Working ProfessionalsWe tailor our program delivery for working professionals Slide20
MBA Designed for Experienced Professionals
Rigorous general management curriculum with broad choice of electives
Multiple specializations, including finance and leadership
Classes held Friday and Saturday every other week, over 22 months
Global Approach in a Domestic Setting
Two global business core courses that take place
in dynamic
markets
All courses infused with a global focus
Accomplished Peers
Average of 14 years of work experienceMany students enter with an advanced degree
Diverse industries and international backgrounds
Our ProgramsThe Executive MBA ProgramWe provide a global business education that is academically rigorous and enhances the knowledge and skills of experienced professionalsSlide21
Our Programs
The Global
Degree Programs
We prepare
executives
to meet the growing
demand for global
expertise
TRIUM
Global Executive MBA
Top
Ranked
, Groundbreaking Alliance
MBA degree issued jointly with HEC Paris and London School of Economics
#4 in world in Financial Times ’13 rankingModular format with unique global socio-economic and political contextSenior level global executives, average age 40
Master of Science in Global FinanceAccelerate Your Global Finance CareerJoint degree with Hong Kong University of Science and Technology (HKUST)One-year, modular program for fast-track finance professionals, average age
33Classes held in Hong Kong, Beijing and
New YorkSlide22
Our Programs
The Global
Degree Programs
We prepare
executives
to meet the growing
demand for global
expertise
Master
of Science in Risk
Management for Executives
Realize a Return on Risk
Stern
Master DegreeModular format with classes held in New York, Amsterdam and Hong Kong
Senior level global executives, average age 39Master of Science in Business Analytics
Data as a Strategic AssetStern Master DegreeModular format with classes held in New York and ShanghaiSenior level global executives, average age 35Slide23
Research Prowess
Resources of major research institution
Placement Record
Graduates placed at top 50 business schools
Ranked
#5
in
Financial Times
’
13
rankings, measuring quality of placement
Our ProgramsThe PhD Program
We develop candidates into productive and Influential scholarsSlide24
Our Process
Our experiential programs overlay best practice on relevant faculty research, frameworks and tools. Participants leave with learning and new insights they can apply immediately to their challenges at work.
Short Courses
Short two- to five-day programs in Management, Finance and Marketing
and Innovation
held at NYU Stern that provide just-in-time learning and minimize time away from the office.
Custom Programs
Stern’s Executive Education team partners with organizations from around the world to design, develop and deliver professional development programs.
Our Programs
Executive Education
We design, develop
and deliver programs that result in enhanced individual and organizational effectivenessSlide25
Our
StudentsSlide26
"The exposure to partners and to the heads of companies because we're in New York is just completely unprecedented.”
April
Wirtz
, Full-time MBA, 2011
"I’m gaining skills that will enable me to become a better business leader.”
Jennifer Langton, Executive MBA, 2012
"The professors are worth listening to for hours and days.”
Oene
de
Hek
, Executive Master of Science in Risk Management, 2011
“Being at Stern and starting my own company has been really useful; it’s been so valuable to learn
concepts
in my classes and immediately apply them in my day-to-day
work.”
Thomas Kelly, Part-time MBA, 2013
"Stern has given me unparalleled opportunities to learn about business and society throughout the world"
Earl Roach, BS, 2012Slide27
“Being only blocks away from Wall Street affords tons of unique opportunities and real-world learning experiences.”
Scott
Gamm
, BS, 2014
“I vastly expanded my business knowledge, and my networking and leadership skills
.”
Wendy Swart, Executive MBA, 2013
“The amount of diversity is one of the most unique things about Stern.”
Chirag
Sadana
, Part-time MBA, 2012
“The
program equipped me with the necessary toolkit to move from being a corporate leader in a big company to an
entrepreneur.” Swaady
Martin-Leke, TRIUM Executive MBA, 2012“I came to Stern because I truly believed that the solution to a lot of these intractable challenges the world faces today cannot be done by government alone and cannot be done by business alone.”
Matt
Edmundson, Full-time MBA, 2012Slide28
Our
Alumni
Composition
More than 100,000
strong
In
125
countries
Include more than
750
CEOs
Enjoy life-long career servicesSlide29
Some of Our
PartnersSlide30
Access to new ideas and top talent
Education and training for current
employees
Convenient access to Stern community via NYC location
Opportunities to enhance firm reputation and brand build
Our
Partners
Research funding and data
Recruitment opportunities
Source of students and clients
for executive programs
Opportunities to enhance firm
reputation and brand build
Opportunities to cultivate focused alumni communities Funding support
Stern ProvidesCompanies ProvideSlide31
“
”
Have a depth and breadth of academic training.
“I recruit Stern MBA students because they…”
“
”
Are passionate and real, and not just theoretical thinkers.
“
”
Have a good balance of technical and interpersonal skills.
“ ”
Have the strong interpersonal, emotional intelligence skills as well as leadership skills.
“ ”
Solve a problem with great teamwork and leadership ability.
Our
Partners
Able to understand the big picture, but also able to get dirty with details.
“ ”
Are humble and confident.
“ ” Slide32
IQ + EQ
Academic Excellence
Academic
Excellence
Collaborative
Community
IQ +
EQ
Energy of a
Global Hub