DEFINITION of 'Stern School Of Business At NYU'

The Stern School of Business at NYU is the business school of New York University. The New York University Leonard N. Stern School of Business (also known as the Stern School or Stern), was founded in 1900 as the School of Commerce, Accounts and Finance. The school changed its name in 1988 to honor alumni and benefactor Leonard Stern.

BREAKING DOWN 'Stern School Of Business At NYU'

Charles Waldo Haskins founded what was then known as the School of Commerce, Accounts and Finance in 1900. The Stern School of Business at NYU now has more than 5,000 students, over half of which are in its Master of Business Administration program (MBA). The Stern School is located in New York City, on the Washington Square campus of the university.

A $30 million gift from alumni Leonard Stern in 1998 helped to consolidate the graduate and undergraduate facilities at NYU's Washington Square campus. Shortly after, Stern was renamed the Leonard N. Stern School of Business. In 1992, the school opened the Kaufman Management Center, a $68 million facility named for alumni Henry Kaufman.

A $10 million gift from Kaufman In 1998 supported a major expansion and upgrading of the school’s facilities. The new and renovated space is used almost exclusively to improve the quality of student life. Alumni Kenneth Langone donated $10 million to Stern in 1999, after which the Langone MBA for Working Professionals was renamed in his honor. To celebrate its 100th birthday, Stern launched a $100 million Centennial Campaign in 2000. The campaign doubled Stern's endowment, the number of named professorships and the level of financial aid.

Stern School of Business at NYU Programs

Stern offers both graduate and undergraduate programs, including majors in marketing, finance, information systems, actuarial science, economic policy, economic theory, media and technology, and accounting. Stern also offers an MBA, as well as an executive MBA program for experienced professionals. It also offers PhD programs and part-time executive education. In the spring their junior year, undergraduates are encouraged to travel abroad as part of a core class, called International Study Program, which engages students to visit a non-U.S. company.

Both the undergraduate and graduate programs are consistently ranked among the top schools in the United States by business and education publication. According to the school, 11,596 people applied for the undergraduate program for the 2016-2017 academic year, with only 12% admitted that year. The median combined verbal and math SAT score of admitted freshmen for that year was 1470. The MBA program admits 15.7% of applicants, one of the lowest in the country among MBA programs.

  1. Foster School Of Business - University ...

    The Foster School of Business at the University of Washington ...
  2. Boston University School Of Management

    Boston University School of Management is the school of management ...
  3. The Australian School Of Business

    The Australian School of Business is the undergraduate and graduate ...
  4. Kellogg School of Management

    The Kellogg School of Management is the business school at Northwestern ...
  5. The Marshall School Of Business ...

    The business school at the University of California, the Marshall ...
  6. Harvard Business School

    Harvard Business School is one of America's top business schools, ...
Related Articles
  1. Financial Advisor

    Insider's Guide To The Top U.S. Business Schools

    The best business school depends on your skills, career goals and interests, and these criteria can help aspiring MBAs make a more informed choice.
  2. Personal Finance

    7 Ways To Get Through Grad School Debt-Free

    As if figuring out what to take in school isn't hard enough, you also have to find a way to pay for it.
  3. Managing Wealth

    Top Universities for Getting an MBA Abroad

    Going abroad for an MBA can add cachet when it comes time to get a job.
  4. Personal Finance

    Business Schools with the Highest ROI

    A unique study finds a number of MBA programs that have a better return on investment than the usual list of top-tier schools.
  5. Personal Finance

    Public Schools Get Creative With Their Budgets

    With budget cuts and teacher layoffs, schools are looking to alternative means of saving money and generating revenue.
  6. Personal Finance

    Here's Where Investment Banks Are Recruiting (GS, C)

    The question of "Where do investment banks recruit?" is best answered through an analysis of the top schools where investment banks search for new talent.
  7. Financial Advisor

    Should You Get A CFA, MBA Or Both?

    These certifications require time and money, but combined programs are making obtaining both designations more realistic.
  8. Financial Advisor

    Attend Grad School for Free

    Securing funding for your education isn't always the easiest thing to do, but there are some ways to get assistance.
  9. Financial Advisor

    An MBA vs. Master's in Finance

    While an MBA offers a more flexible curriculum and part-time classes, a Master of Finance is a good alternative for students seeking a career in finance.
  10. Personal Finance

    These 3 Investment Banks Will Pay for Your MBA (GS, CS)

    Many investment banks will pay for an MBA, but bankers should keep in mind this advanced degree is not always their ticket to the top.
  1. If I am looking to get an investment banking job, what education do employers prefer? ...

    If you are looking specifically for an investment banking position, an MBA may be marginally preferable over the CFA. Read Answer >>
Trading Center