History and Mission

The Glucksman Institute was endowed by a grant from Lewis Glucksman, Stern MBA '51, to offer faculty and students support for research in financial economics. Prof. William L. Silber was the inaugural Director of the Glucksman Institute and served in that role until 2018.

Today, the Glucksman Institute administers the Glucksman Fellowship program designed to expose some of NYU Stern's top MBA students to the rigors of formal academic research in the practical areas of financial and business economics. The program invites the top ten percent (by Grade Point Average) of first-year MBA students to submit research proposals on a wide variety of topics in financial and business economics. Between three and five Glucksman Fellowships are awarded every year and each Fellow is paired with a faculty member who supervises the project during the second year of the MBA program. The successfully completed research reports are published on the Glucksman website.

The Glucksman Institute also administers the Yuki Arai Faculty Research Prize in Finance, endowed by a generous gift from Stern Alumnus Yuki Arai (MBA '10). This honor, created to recognize and promote excellence in research, awards an annual $10,000 prize for the best research paper in financial economics by a Stern faculty member.