The FinTech MBA at NYU Stern
The finance industry has historically gone hand-in-hand with MBA degrees. Even as MBAs are becoming increasingly popular in other industries, finance is still the biggest MBA job sector and accounts for 22 percent of all MBA jobs, according to the 2014/15 QS TopMBA.com ‘Jobs and Salary Trends Report.’
While finance has always been a prominent staple of business school, it’s also been a bit of an “old-school” science. In recent years, the role of technology in business increased dramatically as computers, big data and business analysts have entered the arena. These developments have opened up new sectors and industries including FinTech. Continue reading…
Entrepreneurship Centers and Resources For NYC MBAs
Think you have enough moxy, bravado, gumption, etc. to be the next Elon Musk, Warren Buffett or Richard Branson? There are more resources and opportunities than ever before to go rogue and start your own business, especially in New York City
NYU Stern Announces New Veterans Scholarship Program
Brothers Lorenzo and Frank III Fertitta, sons of retired casino magnate Frank Fetitta Jr., have recently gifted the NYU Stern School of Business with a generous $15 million endowment for the newly established Fertitta Veterans Program.
The donation will assist the full-time acceptance of around 20 military veterans looking to pursue an MBA, reducing tuition to a flat $30,000 per year. The current tuition rate for the NYU Stern MBA program is just above $66,000 per year.
Speaking with NYU Stern, MBA student Samantha Sarkis says, “Business school is a huge financial investment and an even bigger one when attending one in NYC because the cost of living is almost as much as your tuition. When considering what schools to attend, I weighed out the opportunity costs of the school brand, location, opportunities and tuition. While researching schools, NYU was the only school that offered a non-9/11 GI Bill scholarship, which was extremely appealing given the strength of its brand, location and unique opportunities of living in NYC.”
The program will not only provide a significantly reduced tuition rate, but will also provide courses to spearhead MBA students into their future business careers.
Isser Gallogly, the associate dean of MBA admissions and program innovation, says, “Students will participate in a six-week summer term during which they earn six credits and participate in a variety of academic, leadership and career development activities. Students will take the core course statistics and data analysis, as well as accounting.”
The effort to naturally integrate returning military veterans is not just limited to the school, says Raghu Sundaram, vice dean of MBA programs.
“A part of it is professional: connecting them to alumni who are themselves veterans and who can act as mentors, assisting in this transition process and to corporations who hold special events for veterans,” Sundaram says. “And a part of it is social, allowing them to bond with each other even as they get to know the school and the city.”
The scholarship will officially go into effect in 2017.
The Fertitta brothers both work in the casino and sports entertainment industry. Frank III, who earned a BA/BS from the USC Marshall School of Business, is the current CEO of Station Casinos, which was originally founded by his father. He is also a part-owner of Zuffa LLC, the company that owns the UFC, of which Lorenzo works for. Lorenzo graduated with an MBA from NYU Stern in 1993.
Click here for more information on the NYU Stern Fertitta Veterans Program.
Alumni Spotlight: Dan Schulman (NYU Stern)
One of the most accomplished alumni to set foot into the NYU Stern School of Business is Dan Schulman. Schulman has worked as a prominent business leader for around 20 years, most recently being named as CEO of PayPal in 2014. Continue reading…
Coolest MBA Clubs for Students in New York
Aside from going to class — and in the case of folks seeking a Part-Time MBA, going to work — many prospective MBAs join clubs or student organizations. Students do so for a multitude of reasons.
University of the People Offers Tuition Free Online MBA
Tuition for elite MBA programs regularly tops $120,000. Similiar to government and banking, American academia has been undergoing institutional shifts that have given rise to innovative approaches to education, particularly in the realm of distance learning. Continue reading…
