Experience Stern | Timeline

New York University Stern School of Business has a long and storied history marked by growth, expansion and numerous pivotal milestones. In 1831, NYU was founded by Albert Gallatin, the former Secretary of the Treasury for Presidents Jefferson and Madison. In 1900, the Undergraduate School of Commerce, Finance and Accounts, under the leadership of founding dean Charles Waldo Haskins, was established to provide education for students pursuing a career in business.

NYU Stern launches the new faculty-led Healthcare Initiative.

NYU Stern School of Business receives a landmark gift for its BS in Business, Technology and Entrepreneurship (BTE) Program from Ideavillage, whose Founder and CEO is alumnus Anand (Andy) Khubani (BS ’89). In recognition of this gift, the School has named the program the Khubani BTE Program.

NYU Stern launches the new faculty-led Initiative on Purpose and Flourishing. 

NYU Stern refreshes its one-year MBA in luxury, renaming it the Luxury & Retail MBA (formerly the Fashion & Luxury MBA). 

J.P. Eggers becomes Interim Dean of NYU Stern. 

NYU Stern renames its MS in Business Analytics (MSBA) Program to the MS in Business Analytics and AI (MSBAi) Program.

NYU Stern’s Langone Part-Time MBA Program receives a $25 Million testamentary gift from Kenneth G. Langone (MBA ’60) and his wife, Elaine. 

NYU Stern receives $53.6 Million — the largest single gift in the School’s history; the largest total giving amount from a woman donor; and the largest total testamentary commitment ever received from a single donor by the School — from Anne E. Tasca (BS ’88). 

NYU Stern partners with NYU Abu Dhabi to launch a One-year Full-time MBA Program in the UAE.

NYU Stern launches two new faculty-led research initiatives: The Climate Finance Initiative and The Henry Kaufman Initiative in Financial History.

NYU Stern launches a global, one-year, part-time Master of Science in Fintech Program. 

NYU Stern receives a $20 million gift from alumnus and Stern Executive Board member Charles C.Y. Chen (MBA ’91) to establish and endow the Chao-Hon Chen Institute for Global Real Estate Finance, which will enable the global expansion of Stern’s position as a worldwide leader in research, immersive learning, and industry engagement in the fields of real estate and the built environment.

NYU Shanghai and NYU Stern expand their portfolio of jointly offered one-year MS Programs with the launch of MS in Organization Management & Strategy and MS in Marketing & Retail Science. 

NYU Board of Trustees Chairman and NYU Stern Executive Board Chair Emeritus William R. Berkley (BS '66) gives NYU Stern $50 million gift for undergraduate scholarships. 

NYU Stern receives a $50 million gift from its naming benefactor, alumnus Leonard N. Stern (BS ’57, MBA ’59), for undergraduate scholarships in the Stern School, enabling a significant expansion of the School’s Breakthrough Scholars Leadership Program.

NYU's Economics Departments at the Stern School of Business and the Faculty of Arts and Science jointly launch a new MS in Quantitative Economics Program. 

NYU Stern launches a new Online/Modular option in the Langone Part-time MBA Program, building on the program’s heritage of flexible options for working professionals.

NYU Stern establishes the Center for the Future of Management. 

NYU Stern launches a BS in Business, Technology and Entrepreneurship for undergraduate business students, the first U.S. undergraduate business program of its kind to seamlessly integrate business, technology and entrepreneurship. 

NYU Stern establishes the Leadership Accelerator for full-time MBA students.

NYU Stern is the first US business school to launch an MS in Management online with its Master in Quantitative Management program. 

NYU Stern launches Endless Frontier Labs (EFL), a program for early-stage science and technology-based startups. 

NYU Stern broadens scope on risk assessment and management with its newly expanded Volatility and Risk Institute.

NYU Stern receives a $5 million gift from alumna Elizabeth Elting (MBA ’92), the single largest gift from a self-made woman in the School’s history, to support MBA students through the Elizabeth Elting Advancing Women's Leadership Fellowship and provide seed capital to women-centric businesses through the Elizabeth Elting Venture Fund in association with the School’s Endless Frontier Labs program. 

NYU Stern debuts a new brand call to action around embracing change to thrive in today’s business world.

Raghu Sundaram becomes the 10th Dean of NYU Stern. 

NYU Shanghai and NYU Stern jointly launch one-year Master of Science Programs for college graduates in Data Analytics & Business Computing and Quantitative Finance.

Raghu Sundaram becomes the 10th Dean of NYU Stern. 

NYU Shanghai and NYU Stern jointly launch one-year Master of Science Programs for college graduates in Data Analytics & Business Computing and Quantitative Finance.

NYU Stern launches the Center for Sustainable Business under the leadership of Professor Tensie Whelan.

NYU Stern School announces a $15 million endowment gift from alumnus Lorenzo Fertitta (MBA ’93) and brother Frank J. Fertitta III to create the Fertitta Veterans Program exclusively for U.S. military veteran and active duty students entering the School’s Full-time MBA program.

NYU Stern launches a new one-year, full-time Master of Science in Accounting program.

NYU Stern’s Volatility Institute launches at NYU Shanghai.

NYU Stern welcomes the first class of Berkley Scholars. The William R. Berkley Scholarship Program supports exceptional college seniors who wish to pursue their Full-time MBA at Stern directly following graduation.

NYU Stern announces the appointment of Professor Michael Posner, formerly Assistant Secretary of State for Democracy, Human Rights and Labor, who will lead the effort to establish a Center for Business and Human Rights at the School.

NYU Stern hosts the inaugural India Business Forum in Mumbai.

Stern and NYU School of Medicine partner to offer the MD/MBA dual degree program.Stern establishes the Center for Real Estate Finance Research.

Stern announces the Master of Science in Business Analytics program, the first degree to be offered at NYU's Shanghai Campus, beginning in 2013.

NYU Stern establishes the Center for Global Economy and Business.

NYU Stern announces the establishment of a Loan Assistance Program for MBA graduates from the full-time, Langone and Executive MBA programs.

Geeta Menon becomes the 11th Dean of NYU Stern’s Undergraduate College. 

NYU announces the creation of NYU Shanghai, a comprehensive, liberal arts campus in China's financial and commercial capital. Like NYU's New York campus and NYU Abu Dhabi, NYU Shanghai is a degree-granting portal campus within NYU's global network.

NYU’s Thomas Sargent is awarded the 2011 Nobel Prize in Economics. 

Peter Henry becomes the ninth Dean of NYU Stern.

NYU admits its first class to NYU Abu Dhabi, the first comprehensive liberal arts campus to be operated abroad by a major US research university.

John Paulson (BS, 1978), founder and chairman of investment management firm Paulson & Co., Inc., donates $20 million to Stern. The gift endows two faculty chairs, provides significant support for the School’s Concourse Project, and provides scholarship aid for undergraduate students. The School’s main auditorium is renamed the John A. Paulson Auditorium and Tisch Hall’s lobby is named the John A. Paulson Lobby.

Thirty-three of Stern’s leading finance and economic scholars collaborate to write the book, “Restoring Financial Stability: How to Repair a Failed System,” which contains 18 white papers providing analyses and solutions to the global financial crisis.

Stern’s Undergraduate College launches the Business & Political Economy (BPE) degree program, its first new degree program in 100 years.

NYU Stern launches the Master of Science in Risk Management.

Construction begins on the Concourse Project, the School’s most significant campus renovation since the consolidation of the undergraduate and graduate schools on Washington Square twenty years prior. The project modernizes classrooms and study spaces, creates a more open, light-infused learning environment, and connects the School’s two primary buildings, the Henry Kaufman Management Center and Tisch Hall.

The Campaign for NYU Stern closes having raised nearly $186M.

Stern and NYU Courant Institute of Mathematical Sciences launch a joint MBA/MS in Mathematics in Finance degree.

Stern and Kanbar Institute of Film and Television at the Tisch School of the Arts introduce a joint MBA/MFA degree for producers.

Stern and Hong Kong University of Science and Technology partner to offer a joint Master of Science in Global Finance Program, designed for finance executives in the Asia-Pacific region.

Stern launches The Campaign for NYU Stern, a $150 million capital campaign, intended to support investment in the faculty, research, scholarships, programs and facilities.

Stern, in partnership with London School of Economics and Political Science (LSE), and HEC School of Management, Paris, (HEC Paris) launches the TRIUM Global Executive MBA Program. The program combines the complementary strengths of three premier universities and five international learning locations to ensure global depth and focus.

Prominent investment banker and Home Depot founder Kenneth G. Langone (MBA, 1960) donates $10 million to Stern. The part-time MBA program is named in his honor.

The Berkley Center for Entrepreneurship and Innovation launches an annual Business Plan Competition.

A generous $10 million gift from Dr. Henry Kaufman (BA, 1948 (Heights); PhD, 1958), a noted economist and Chairman Emeritus of the Stern Board of Overseers, underwrites a major expansion and upgrade of the School’s facilities. The newest facility, which joins Shimkin and Tisch Halls, is named the Henry Kaufman Management Center in recognition of Kaufman’s service and generosity.

Stern’s undergraduate curriculum is restructured to provide each student with broader exposure to the arts and sciences, more in-depth business courses and subsidized opportunities for international study.

Stern's new $68 million state-of-the-art facility opens its doors.

A landmark $30 million gift from alumnus Leonard N. Stern (BS, 1957; MBA, 1959) allows the School to consolidate its graduate and undergraduate facilities at NYU’s Washington Square campus. The School is renamed the Leonard N. Stern School of Business.

The Executive MBA program launches.

The School of Commerce, Accounts, and Finance is renamed the College of Business and Public Administration. Tisch Hall, made possible by the generosity of the Tisch Family and designed by architect Philip Johnson, opens its doors, establishing the Undergraduate College's modern-day home.

The graduate school introduces an MBA/JD degree with the NYU School of Law in order to offer insight into the business and legal aspects of corporate America.

International business courses are introduced and become an important focus of the School’s curricula.

Graduates of the business school now hail from 36 countries and nearly all 48 states.

The School awards its first Doctor of Commercial Sciences degree.

Archibald Wellington Taylor is named the first Dean of the Graduate School of Business Administration (“GBA”).

The graduate business program is launched in New York’s downtown business district. The School’s "Wall Street Division" serves both full-time and part-time students.

Jeanette Hamill, J.D., M.A., joins the Economics Department, becoming the School’s first female faculty member.

The NYU undergraduate School of Commerce, Accounts and Finance is established to provide professional training for students pursuing a career in business. The school is located on the University’s Washington Square campus and presided over by Charles Waldo Haskins, the School’s founding dean. 

The first women matriculate, beginning a long tradition of diversity and inclusiveness.