Stern School off Business

The Leonard NR. Stern School off Business is the Business school of the Université of New York ( New York University , or NYU ). Founded in 1900 with the NYU under the name of School off Trade, Accounts and Finance , it was then re-elected in the honor of Leonard Stern, a former student and benefactor of the school. She is regarded as one of best the businesses schools of the United States.

The school is located on one of the campuses of the NYU at Greenwich Village, behind Washington Square.

History

The school was founded in 1900 under the name of New York University Undergraduate School off Trade, Accounts and Finance (Business school, of Accounts Department and Finance) on the campus of the university with Washington Square. The same year, the first women were registered there thus starting a long tradition. In 1913, Jeanette Hamill joined the department of economic scenes of the school, becoming thus the first woman of the teaching body. In 1936, the women represented 15 % of manpower of the school. The programme of second cycle in businesses was launched in the district of the businesses of New York, in 1916. “Wall Street Division” of the school was intended at the same time to the students and for people already in station. The school allotted its first doctorate of commercial sciences in 1928.

Dice 1945, the inscriptions at the school were quite higher than: 10000 with graduates coming from 36 countries and almost all the 48 States of the country. Into the years 1960, courses of international business were introduced into the course and even became the angular stone about it. In 1972, the School off Trade, Accounts and Finance was re-elected in College off Business and Public Administration (Faculty of Businesses and the Public administration). The same year, the Tisch Hall , conceived by Philip Johnson and Richard Foster, opened its doors to accommodate the students in License. In 1988, Leonard Stern made a gift of 30 million dollars which made it possible the school to reinforce its equipment bound for the students of first and second cycles, on the campus of Washington Square. The school was then re-elected in Leonard NR. Stern School off Business . The new ultramodern equipment of 68 million dollars was inaugurated in 1992 and is known today under the name of “Kaufman Management Center”

In 1998, Henry Kaufman made a generous gift of 10 million dollars to finance the expansion and a big change of the equipment of the school. New space is used almost exclusively for the improvement of the quality of life of the students. In 1999, Kenneth Langone, an eminent banker of investment and founder of Home Deposit, also gave 10 million dollars. The program of MBA in alternation was famous Langone program in its honor. For its 100e birthday in the year 2000, Stern launched a campaign to collect 100 million dollars, the most important lifting of funds since its creation. This countryside doubled the equipment of the school, the number of full professors and the level of financial aid to the students.

Reputation

Stern School off Business is regarded as a business school of foreground. This is amplified by a programme of studies extremely demanding and unequalled in term of importance and range. Some of the most accomplished executives of the American medium of the businesses received a diploma of Stern. An annual survey of Standard & Poor' S place constantly Stern, Harvard and Yale in signal 3 of the schools having the number more raised former students occupying a station of senior officer, in one of the largest american companies.

For the academic year 2006-2007: 2271 students are registered in first cycle in Stern and: 3129 are registered in Master off Business Administration (MBA). The teaching body consists of 198 professors full-time and 68 assistants and 2 also in international business).

The MBA of Stern is also classified:

10th on 113 programs of American MBA by U.S. News & World Carryforward
14th on 30 American programs by the magazine Business Week
8th on 100 programs in the world by the Financial Times
8th on 100 world programs by The Economist

In addition, the program of MBA in alternation of Stern is classified 1st on all the territory of the United States by U.S. News & World Report . Stern is also classified 2 out of 100, on a world level, for its contribution to research on the trade (Classification carried out by School off Management of the Université of Texas (Dallas).

Admissions

The admission in Stern is very selective. It is of public notoriety that the rate of admission is there lower than almost all other faculties of first cycle of the University of New York (except notable for the Tisch School off the Arts). According to Business Week, for the year 2005-2006: 5587 people deposited a file of inscription in first cycles year 2005-2006 of academic and only 22,6 % were allowed. Of these 22.6 %, only 38 % were actually registered. The total rate of admission and output of NYU for 2005-2006 was respectively of 29.6 % and 36.3 %. In 2006-2007, the new students of first cycle entered with an average score to SAT of: 1441 and the average note (GPA, rank not average) was of 3,76

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