Bernard M. Baruch College, CUNY
Zicklin School of Business
New York, New York
Overview
Baruch College has evolved from the innovative School of Business and Civic Administration, established in 1919 by the trustees of the City College of New York. The first master’s degree program in business administration was offered by the school in 1920. In 1953, the name of the school was changed to the Bernard M. Baruch School of Business and Public Administration, in honor of the distinguished financier and statesman who was an alumnus and a trustee of the City College. In 1968, the school became an independent senior college of the City University of New York. In 1998, in response to an $18-million gift from alumnus Lawrence Zicklin, the business school became the Zicklin School of Business. Baruch College is accredited by AACSB International-The Association to Advance Collegiate Schools of Business and by the Middle States Association of Colleges and Schools.
With an earned reputation for excellence, Baruch attracts students from New York, neighboring states, and abroad. In the traditional M.B.A. and M.S. programs, the Zicklin School enrolls approximately 750 full-time students, about half of whom are international students representing thirty-seven countries worldwide.
Graduates of Baruch’s programs are hired to work in a variety of industries and professional functions.
The Location and Community
Baruch occupies four buildings in the Gramercy Park area of Manhattan, the heart of one of the world’s most dynamic cultural and financial centers.
Programs of Study and Degree Requirements
The Zicklin School’s graduate business programs, including the Master of Business Administration (M.B.A.), the Master of Science (M.S.) in business, and the Executive M.B.A. and M.S. programs, provide exceptional opportunities to prepare for greater career responsibility, advance present skills, acquire new expertise, and gain a better understanding of the effective functioning of a complex and competitive society. Zicklin’s premier program is the Full-Time Honors M.B.A., a highly selective format that evolved from the very successful Nash Honors M.B.A. program. The traditional M.B.A. and M.S. programs, now called the FlexTime programs, are available full-time and part-time. The Accelerated Part-Time M.B.A., a special twenty-eight-month program, offers an alternative for those who wish to study part-time. The Zicklin M.B.A. programs are cohort in style. Students follow a prescribed sequence of introductory courses before selecting a major from one of the following areas: accounting, computer information systems, economics, finance and investments, general business, health-care administration (a joint program with the Mt. Sinai School of Medicine), industrial/organizational psychology, international business, management, marketing, operations research, statistics, and taxation. A J.D./M.B.A. program is offered in conjunction with Brooklyn Law School or New York Law School. The Master of Science programs in accounting, business computer information systems, marketing, quantitative methods and modeling, statistics, and taxation are available for students who seek in-depth study in a subject area. Baruch’s Executive M.B.A. program is designed for high-achieving individuals who need an alternative to the traditional M.B.A. program. Classes are held on alternating Fridays and Saturdays, allowing students to finish the program in two years. Executive M.S. programs in finance and industrial and labor relations are available. The City University of New York (CUNY) offers a Ph.D.; the program is located at Baruch and comprises specializations in accounting; finance; management planning systems; marketing; and organization and policy studies.
Facilities & Resources
The William and Anita Newman Library is one of the most technologically advanced facilities in New York. In addition to books and periodicals, the library maintains local area networks that provide access to information resources in CD-ROM format and to several hundred online databases through the Dow Jones News/Retrieval, LexisNexis, and Dialog services. Baruch students and faculty and staff members also have access to the 4.5 million volumes in the CUNY library system and to the collections of the world-famous New York Public Library. The Baruch Computing and Technology Center provides more than 500 computer workstations with Web access and multimedia capability. Baruch’s Subotnick Financial Services Center is a unique educational facility for students and the financial community that features a fully equipped simulated trading environment with continuous live data feed by Reuters, integrating financial services practice into the M.B.A. curriculum. Baruch’s 800,000-square-foot Vertical Campus building features 102 classrooms, 14 research labs, and thirty-six computer labs that are all fully equipped with state-of-the-art instructional technology.
Expenses and Aid
M.S. tuition for state residents is $4800 per semester for full-time and $420 per credit for part-time study. For out-of-state residents and international students, tuition was $750 per credit. M.B.A. tuition for state residents is $4900 per term for full-time and $640 per credit for part-time study. For out-of-state residents and international students, tuition was $650 per credit. Doctoral students may contact the Admissions Office at the City University Graduate Center for tuition information.
Financial Aid:
A number of merit-based graduate assistantships are awarded to qualified full-time master’s students. The assistantships carry an annual stipend of $7,000 and are renewable for one year; they do not include a tuition waiver. The Mitsui USA Foundation awards $5000 scholarships in the fall to 2 newly admitted full-time students pursuing an M.B.A. degree in international business. Applicants must be U.S. citizens or permanent residents. Twenty to twenty-five Nash (tuition) Scholarships of $2000 to $5000 are awarded each year to new students in the Full-Time Honors M.B.A. program. The Carl Spielvogel ’56 Scholarship in International Marketing provides annual support of $5000 to one or more graduate students who intend to study international marketing and pursue a career in that field. It is renewable for one year. Financial aid also is available through a variety of state, federal, and College programs. International students are eligible to apply for graduate assistantships and College work-study. Prospective doctoral students should contact the Admissions Office at the City University Graduate Center for financial aid information..
Housing/Living Expenses:
Baruch has no student housing at this time; students must provide for their own room and board. A single student should anticipate spending approximately $14,000 per year for housing, food, utilities, books, transportation, entertainment, and incidental expenses.
How to Apply / Application
For master’s programs, students must have a baccalaureate from a regionally accredited college or its equivalent. Applicants must submit GMAT scores. Applicants for the Ph.D. in business must have a baccalaureate degree from an accredited college or university. A master’s degree is not necessary, but most applicants enter with an M.B.A. degree. The GMAT is required. Students in organization and policy studies or marketing may substitute the GRE General Test.
Who to Contact
Office of Graduate Admissions
Zicklin School of Business
Baruch College of the City University of New York
One Bernard Baruch Way
New York, New York 10010-5518
646-312-1300
Fax: 646-312-1301
E-mail: ZicklinGradAdmissions@baruch.cuny.edu
The Graduate Departments and Areas of Research
John A. Elliott, Vice President and Dean of the Zicklin School of Business; Ph.D., Cornell.
Joseph Weintrop, Executive Officer of the Doctoral Program in Business; Ph.D., Oregon.
The Zicklin School of Business faculty members in every department continue to develop major research contributions over a wide range of topics. During the academic year, faculty members published more than 30 text and reference books, contributed scholarly pieces that appeared in more than 40 additional books, and published nearly 200 articles in many of the leading professional journals. During this period, faculty members also held major editorial positions with more than fifty business journals and research publications.
Department of Accountancy
• Joseph Kerstein, Ph.D., Chair. Major areas of research include financial accounting, managerial accounting, auditing, and taxation. Both theoretical and applied research are conducted, with most of the faculty members emphasizing basic research. The department stresses high-quality research targeted to the most selective publications. Recent research interests include auditing standards, derivative and hedge accounting, auditing professionalism, disclosure of earnings estimates, accounting information, estate and gift taxation, leasing and the cost of capital, CEO compensation, mandated accounting changes and managerial discretion, insider trading and analysts’ earnings forecasts, accounting ethics, statement analysis, pension accounting and corporate takeovers, and the poetry and politics of accounting.
Department of Economics and Finance
• Avner S. Wolf, Ph.D., Chair. The department’s faculty members conduct both applied and theoretical research, broadly covering many areas of economics and finance. The department has a particular research strength in derivative markets, financial institutions, and investment theory. Examples of recent work include operational efficiency in banking, treasury yield curve, stock market reaction to dividend changes, valuation of interest rate-sensitive securities, buy-write securities, investment analysis software, asset pricing implications, equity derivatives, options and valuation of inventory, foreign acquisitions in the United States, foreign ownership restrictions and premiums for international investments, economies of scale and cost complementaries in commercial banking, future markets efficiency, and import and hedging uncertainty in international trade.
Department of Law
• Elliot Axelrod, J.D., Chair. Major areas of research include practically all areas of business law, including heavy emphasis on contract law, corporations, partnerships, computer law, real estate law, international trade law, health-care law, the Uniform Commercial Code, antitrust law, and employment law, as well as some areas of constitutional, intellectual property, environmental, consumer, and criminal law.
Department of Management
• Harry Rosen, Ph.D., Chair. Major areas of research include strategic management, temporal issues in strategy, competitive dynamics and industry structure, social issues in management, business ethics, operations management, international and comparative management, organizational behavior, work and family, economic justification of advanced manufacturing systems, technology and strategy, flexible manufacturing systems, inspection policy design, critical thinking, managing strategic flexibility, linking strategies with work redesign, ethical preferences and future orientations of business executives, optimal maintenance policies, the ceiling effect on work motivation, effects of failure on group performance, repeat purchase behavior as a criterion of teaching effectiveness, human dilemmas in work organizations, research and development in biotechnology firms, black economic empowerment in post-apartheid South Africa, and vehicle routing systems.
Department of Marketing
• Gary Soldow, Ph.D., Chair. Major areas of research include advertising and marketing communications, consumer behavior, marketing research, international marketing, marketing management, retailing and sales, direct marketing, and all areas of international business. Recent research interests have included the conceptual domain of international business, the consequences of whistle-blowing, casual inferences in consumer safety judgments, how consumers assess the value of advertising, gender effects in consumer research, marketing strategies of Japanese auto manufacturers, social and governmental environment of business, comparative institutional analysis of marketing systems, globalization and quality of life considerations, entrepreneurship education for minorities, environmental standards and European consumer goods marketing, consumer marketing relationship programs, managing imitative strategies, geographical market diffusion, analysis of price and exposure of network prime-time advertising, and managing cultural differences.
Department of Statistics and Computer Information Systems
• Albert Croker, Ph.D., Chair. Major areas of research include database systems; information retrieval; telecommunications and networks; privacy; multimedia systems; organizational diffusion of information technologies; information systems in the human service and nonprofit sectors; information system ethics; control and audit of information systems; electronic commerce; financial information systems; system development methodologies; computer simulation; Bayesian analysis; business application of linear and integer programming; generalized assignment problem; health-care systems; nonparametric data analysis; categorical data analysis; expert systems; mathematical programming applied to information technology; combinatorics; polyhedral theory; cryptology; group decision support systems; Meta Analysis; statistics in sports; statistics in auditing; sampling theory; medical statistics; incomplete, censored, and truncated data; total quality management; bootstrap and Gibbs sampling; legal statistics; time series analysis; robust methods; and experimental design.