Stern to Establish New Center for Sustainable Business
The NYU Stern School of Business will establish a new Center for Sustainable Business in Jan. 2016. The new Center will be lead by Tensie Whelan, the current president of the Rainforest Alliance. Wheelman is also a leader in environmental activism and stewardship. The Center will help future and current business leaders to tackle environmental and human challenges they face in business and society today.
Whelan will serve as the director of the Center. He will partner with Stern faculty and leaders in business and civili society to develop new undergraduate, graduate and executive education courses that will emphasize real-world learning. The Center will also bring groups of companies from different sectors from all over the world together with stakeholders and experts to help to explore solutions for environmental and developmental challenges that they face.
Popularity of Sustainable Business MBA Grows
Many MBA programs now offer concentrations and curriculum that focus on sustainable business. Corporations are now required to be more environmentally conscious than ever before. A sustainable business MBA can help professionals gain the knowledge that is needed to operate and create successful environmentally conscious businesses. According to thebestschools.org, “The MBA in Sustainability degree equips business professionals to help companies and organizations achieve profitability while maintaining environmental responsibility.”
These MBA programs, often called “Green MBAs,” teach students the skills necessary for earning profits through methods that reduce harm to the environment and society. Not only do these programs help students learn how to run environmentally sustainable businesses, but many also teach corporate social responsibility.
The Sustainable Business Institute explains that corporate sustainability is important because, “private and public business choices enormously impact the quality of life in our communities.” The Institute also explains that, “Effectively managing our business footprint addresses current market dynamics while ensuring a better quality of life for future generations. The bottom line is sustainable business practices make good business sense. Corporate sustainability offers a compelling return on investment by driving innovation, managing risk, and improving stakeholder relations.”
Stern Exec Director of MBA Admissions Interviewed About MBA Program Choices
TIME recently interviewed Executive Director of MBA Admissions at the NYU Stern School of Business, Alison Goggin about how to choose a MBA program. She was asked about how a prospective student knows which program is right for them, whether students should choose a program based on the type of program or on years of work experience that a student has previously attained and when is the right time for prospective students to apply for a MBA program.
Goggin explains that business schools offer a variety of MBA programs to meet the needs of professionals. MBA programs are for students who just graduated or for students with many years of work experience. She said that only the applicants will know if it is the right time to apply for a program. She gives readers some questions to think about while trying to decide if it is the right time to apply for the MBA, “Some questions to consider…Do you have a clear sense of the academic, professional and personal goals you hope to achieve in the MBA program? Is the timing ideal for you from both a career and personal standpoint?”
Stern Dean Awarded Foreign Policy Assoc. Medal
Dean of the Stern School of Business Peter Henry, has been awarded the Foreign Policy Association Medal. Dean Henry was given the award during the Foreign Policy Association’s annual Financial Services Dinner. The Medal is the highest honor bestowed by the organization. The Foreign Policy Association awards medals annually to leading practitioners of foreign policy and to academics who research and teach in the area of U.S. foreign policy.
Henry became dean of the Stern School of Business in January 2010. Before coming to Stern, he was the Konosuke Matushita Professor of International Economics at Stanford University. His expertise are in the areas of emerging markets and international finance. He is a regular speaker at the IMF and has testified before the United States Senate Committee on Foreign Relations and before other various ambassadors to the United Nations. Henry has also served as a macroeconomic advisor to the governments of Ghana and Jamaica.
Stern Receives $5.75 Million for Scholarship Funding
The Stern School of Business at New York University has received $5.75 million from alumnus Leonard Stern. This gift will go towards the establishment of The Leonard N. Stern New York City Scholarship. The scholarship will provide support to exceptional New York City high-school seniors who aim to study business at NYU but are lacking the financial means to do so.
The scholarship will provide 10 high-achieving, ow-income students from New York City, who have already been admitted to NYU Stern’s Undergraduate College the financial support to complete their education with out the burden of debt from loans and other financial support. The scholarship fund will support 40 students over four years. This gift was part of NYU’s “Momentum Campaign”, which aims to raise $1 billion in six years for scholarships at NYU.
Stern Holds Info Session for Manhattan PT MBA
The Stern School of Business will be hosting an upcoming information session for its Part-Time MBA program. This information session will focus on the school’s Manhattan location. The event will be held Feb. 23 from 6:30 to 7:30 p.m. During the event, prospective students for the part-time program at the Manhattan campus will have the opportunity to meet and talk with admissions representatives, financial aid representatives and current students.
Classes for the Part-Time program at Manhattan can be taken on weeknights, Saturdays and in an accelerated two-year structure. Weeknight classes are held Monday through Thursday from 6:00 to 9:00 p.m. Saturday classes meet from 9:00 a.m. to noon and from 1:00 to 4:00 p.m. Classes for the accelerated program are held both during weeknight class times and Saturdays.
