Stern students sitting and talking outside of Stern building

Office for Diversity & Inclusion

INCLUSION, DIVERSITY, BELONGING, & EQUITY...

“…(are) not only important to cherish for their own sake, but because they are also vital for advancing knowledge, sparking innovation, and creating sustainable communities. They should be indispensable elements of an NYU education on all of our campuses. A diverse population encounters and appreciates all perspectives of an issue with a wealth of different approaches to confront it. The result is a higher quality of debate, and a more excellent and advanced academic enterprise.”  
Andy Hamilton – President, New York University



NYU Stern is committed to providing an ear and a voice for all faculty, staff, and students with respect to Inclusion, Diversity, Belonging, and Equity (IDBE) and to working with all of these communities to achieve a culture that lives up to the definition of these words. NYU Stern IDBE will focus on how we develop the skills to confront bias, support and collaborate with those who are different than us, and celebrate our success in doing so.
 

NYU Stern Office for Diversity & Inclusion affirms that Black Lives Matter



A Message from Dean Raghu Sundaram


Dear Members of the NYU Stern Community:

May 25 marks the one-year anniversary of the horrific killing of George Floyd. As most of us are aware, the trial of Derek Chauvin is at the jury deliberation stage and the verdict may be imminent. These milestones are fraught with pain, anger, and grief, and force us to recognize the senseless acts of inhumanity that tragically seem to recur with alarming regularity. In just the last few weeks, we have had the mass shootings in Atlanta and Indianapolis (each of which claimed a disproportionate number of Asian-American victims), and the death of Daunte Wright in Minnesota.

To all the members of our community: We reaffirm in the strongest possible terms our condemnation of these acts of violence, terror, and hate.

To the Black members of our community: Most of us cannot pretend to understand or know the range of emotions, the rawness, and the renewed trauma you may be experiencing during this time, but know that we stand in solidarity with you. We pledge to continue to support you, to listen to you, and to act.

Since its founding 120 years ago, Stern has aspired to be a School of opportunity. This heritage is the foundation from which we have grown and continue to adapt and grow, with the goal of making Stern a veritable home of inclusivity and belonging for all.

We are acutely aware that we are far from the ideal we would like to be, but over the last several years, we have taken a number of conscious steps to open our minds and hearts, to improve our processes and our culture, and to make ourselves more responsible citizens of the world we would like to see. The events of last year were as clear a call to action as any we are likely to see in our lifetimes, and have spurred us to redouble these efforts, to take on additional challenges, and to renew and energize our commitment to becoming an even better School, one of which we can all be proud.

These efforts include the appointment in January 2019 of Stern’s first School-wide Associate Dean for Diversity and Inclusion, Gary Fraser (MBA ’92) EdD; Stern’s founding participation in the NYU College & Career Lab, which annually engages middle-school students from underserved New York City communities; the Breakthrough Scholars Leadership Program in Stern’s Undergraduate College; focused efforts to increase the diversity of our MBA student population; the PhD Excellence Initiative, founded and led by Dean Emeritus Peter Henry, that aims to address the underrepresentation of minorities in the field of economics; novel initiatives like Diverse Pathways in Academia to broaden our faculty recruitment pipeline; and many others.

More recently, a diverse School-wide task force conducted a detailed assessment of administrator and staff processes and came up with a detailed report as well as an enunciation of principles that should underlie how every one of our business units recruits, trains, provides feedback, and handles promotions, principles which we are now building into our core processes. And in the coming weeks, we will have some truly exciting announcements to share, including a tailored effort to increase faculty diversity in the classroom and at Stern, an initiative that has been endowed via a generous gift from an anonymous donor.

One effort to improve the culture of the School is particularly noteworthy. Over the last year and despite the challenges posed by Covid-19, Dean Fraser and the Office for Diversity and Inclusion introduced and administered the Intercultural Development Inventory (IDI)® across our community. The IDI is a tool which measures an individual’s degree of intercultural competence and capacity to adapt to others who have different social identities, and then helps to develop an action plan toward shifting perspectives and behavior. All incoming Stern students in every program (undergraduate, graduate, and executive), as well as faculty, administrators, and other students, have been given the opportunity to take the assessment and receive one-on-one tailored feedback; over 1,500 (including all our Vice-Deans and me) have done so. We believe that this is the most aggressive commitment toward intercultural development undertaken at any business school.

To be sure, and I must underscore this, these and our other efforts represent only a beginning, a beginning of our efforts to deepen our own awareness and empower the members of our community to act with empathy and respect; in short, to model the world and leadership we would all like to see.

Finally, I want to make sure you saw the statement about the upcoming trial verdict from NYU’s Office of Global Inclusion and Diversity, which includes a list of resources.

As our dialogue and actions continue, let us take this important moment to pause and remember the importance of supporting one another, and especially, people of color who are members of our community.

Sincerely,
Raghu Sundaram