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William R. Berkley Scholarship Program

Supporting Exceptional College Seniors

Established in 2013, The William R. Berkley Scholarship Program supports exceptional college seniors who wish to pursue their Full-time MBA at NYU Stern directly following graduation. The scholarship covers the full two-year tuition and fees, provides a housing stipend of $18,000/year, and includes a $10,000/year stipend for books and other expenses. Berkley Scholars will also have special key contacts amongst the school's administration.

The School will select a few Berkley Scholars each year based on the combination of stellar academic performance and exceptional potential to contribute to business and society. 

To be considered for the Fall 2016 scholarship, interested college seniors must: Domestic and international students are eligible to apply. There is a check box on the Stern application for candidates to indicate their interest in the scholarship.

Candidates applying for The William R. Berkley Scholarship Program are not eligible to apply to any NYU dual degree or through The Consortium for Graduate Study in Management. They also are not eligible for the Summer Start program.

About the Scholarship and its Founder

The scholarship program is named in honor of successful entrepreneur William R. Berkley (BS 1966), Chairman and Chief Executive Officer of the W.R. Berkley Company, Chairman of the NYU Stern Board of Overseers, and Vice Chairman of the NYU Board of Trustees, who donated $10 million to create the program.

Immediately after graduating from NYU with a Bachelor of Science in 1966, Mr. Berkley pursued his MBA at Harvard. Through this scholarship program, he aspires to create opportunities for talented seniors who want to pursue a similar path. “At 22 years old, I had big ideas and I was incredibly eager to get started. I knew the tools of an MBA would be essential, and I had no time to lose,” says Berkley. “I had the rare opportunity to pursue my passion at a young age, and we want to bring to Stern the brightest students in the world who are ready to do the same.”

Tales in Possible

Berkley Scholars
The first recipients of the William R. Berkley Scholarship Program chart a unique path at Stern.

From Dean Henry

Full-time MBA Dean Henry Berkley Scholar Message“We’re in the dream-enabling business at NYU. With William Berkley's support, we have the opportunity to inspire the best young minds around the country and the world to dream big. Whether they’ve studied engineering or economics, physics or philosophy and everything in between, we want to put the tools of business into the hands of the most promising leaders of tomorrow.”

William R. Berkley, NYU BS '66

Bill Berkley Photo

Articles on the Scholarship Program