Get to Know: NYU Stern

NYU Stern is one of the premier MBA programs in the country, and for good reason. Its innovative curriculum and terrific location make it one of the first schools that many MBA applicants consider, particularly those who are interested in pursuing careers on Wall Street. If you want to attend a top-ranked business school, chances are that you’ve at least considered sending an application to Stern.

But, besides knowing that it’s a top-ranked school with strong ties to the banking sector, how well do you really know Stern? How do you know if it’s a good fit for you? And, perhaps more importantly, how do you know if the admissions committee will decide you’re a good fit for Stern? Today we dig into four things that make NYU Stern unique among top-ranked MBA programs:

A welcoming environment for career changers
Stern is considered one of the best possible destinations for those looking to move from one field to another by way of their MBA education. The Industry Mentoring Initiative allows Stern students to apply for a very unique mentoring program that puts career changers into actual companies to learn about a new industry or function and to make strong inroads into that world through networking. It is a competitive application process and one that that requires a clear move from one career to another, but for those students who participate, it can be a lifesaver. The IMI program features tracks in six different industries: consulting, luxury and retail, marketing, media and entertainment, investment banking, and sales and trading. While any business school can serve as the launching pad into a new career, the significant resources available for students at Stern makes this a natural choice for many.

An innovative and responsive faculty
Stern was quick to move during the global financial crisis. Not only were its professors speaking to the media on a daily basis as the events unfolded, but by the first quarter of 2009, a major collaborative effort by 33 faculty members resulted in 18 policy white papers and a book on the financial crisis, Restoring Financial Stability, as well as a course offered by the white paper authors. In late 2010, Stern published the next book in this series, Regulating Wall Street, which discusses the impact of the Dodd-Frank Act and identifies flaws in this sweeping regulation on the financial industry. Most recently, Guaranteed to Fail came out, blasting Fannie Mae and Freddie Mac as the underlying culprits of the mortgage crisis and our economic woes. Stern’s faculty are heavily engaged in research of critical issues of the day, and few schools have been so quick to publicize analysis of and policy recommendations for these very significant events.

A focus on Emotional Intelligence
While many schools are grappling with the issues that created the economic problems a few years ago and seek to redefine their place in business and society, NYU Stern has focused on identifying the traits of individuals they want to invite into their collaborative community. Stern looks to evaluate candidates’ “EQ” or emotional intelligence, as equally important as IQ, in determining if they will be a good fit to the school.

A viable part-time MBA option in the Northeast
Stern was one of the first graduate business schools to offer a part-time program and they remain the only top program in the region to have one. The next closest part-time option is at Duke, down in North Carolina.

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