77. CUNY – Baruch College Zicklin School of Business
CUNY – Baruch College Zicklin School of Business1 Bernard Baruch Way
New York, NY, 10010
Admissions: (646) 312-1300
Admission Deadlines for Class of 2015:
Round One: 1/15/13
Round Two: 4/15/13
The Zicklin full-time MBA Program is built around a cohort of students admitted together each fall semester. It starts with a pre-term program, a three-week immersion including leadership development, career management, team building, academic preparation, and cross-cultural management, as well as social activities with alumni and current students.
If you want to be in New York for your MBA, this is a great place to go–at a fraction of the cost. For in-state students, the tuition is an absolute bargain: Less than $14,000 a year. And for out-of-state students, it’s only $26,100. For full-timers, this is a small school with a total enrollment of just 121 full-time students. But it is a part-time MBA haven with nearly 1,200 evening students who studying for their MBA degrees. The acceptance rate for the part-time program is 56%, with the average age of new students at 28–a year younger than the full-time program.
The Zicklin MBA features a core curriculum that is essential for business management foundation. In each of the first two semesters, students are assigned to a learning team of four or five students that leverages the cohort’s professional and cultural diversity. In the second year study, while students explore their own area of specialty, the cohort remains together in the final three core classes, including the capstone Business policy class in the final semester.
Latest Up-To-Date MBA Rankings:
Zicklin zoomed like a rocket in the rankings game in 2011. And then proved the cliché that what goes up must come down in 2012.
The school dropped eight places in the 2012 Poets&Quants’ composite ranking, falling to 77th from 69 in 2011. The reason: A weaker ranking from both U.S. News & World Report which put the school 97th in 2012, down from 85. In its just recently published rankings, U.S. News put Zicklin 75th so you can expect a quick recovery later this year when P&Q crunches the numbers once again.
One drag on more upward movement is the school’s absence from three of the most influential MBA rankings published: BusinessWeek, The Financial Times, and The Economist.
Forbes, which ranks on the basis of return-on-investment, placed Zicklin 50th in 2011.
It was a world of difference from the previous year. In the 2011 PoetsandQuants’ ranking, the school was in a dead tie for 100th place with the University of Illinois at Chicago. In 2011, it jumped to a rank of 69. The reasons: Forbes, which had not previously ranked the school, put it on its new 2011 list of the best business schools, at that highly respectable rank of 50. Forbes found that the average pre-MBA salary of a Zicklin student was $44,000. Five years out of school, the grads reported average salaries of $104,000.
The school also got a big boost from U.S. News & World Report, which in that previous year ranked Zicklin 85th, up nine places from 94 in 2010. U.S. News evaluates schools on a variety of factors, including GMAT and GPA scores of entering classes, job placement and starting salaries of graduates, and opinion polls of deans, MBA directors, and corporate recruiters. Look for the school to rise again.
Tuition & Fees: $27,940 (resident)
Tuition & Fees: $52,200 (Non-resident)
Average GMAT: 629
GMAT Range (mid-80%): 506-794
Average GPA: 3.20
GPA Range (mid-80%): 2.4 – 3.8
Acceptance Rate: 37%
Full-Time Enrollment: 121
Part-Time Enrollment: 1,198
Mean Age: 29
Average 2012 Base Salary: $77,652
Average 2012 Signing Bonus: $22,833
Percentage of Class of 2012 MBAs Employed at Graduation: 52%
Percentage of Class of 2012 MBAs Employed Three Months Later: 73%
CUNY–Baruch College is a public institution that was founded in 1919. It has a total undergraduate enrollment of 14,266, its setting is urban, and the campus size is 3 acres. It utilizes a semester-based academic calendar. CUNY–Baruch College’s ranking in the 2013 edition of Best Colleges is Regional Universities (North), 23. Its in-state tuition and fees are $5,910 (2012-13); out-of-state tuition and fees are $15,030 (2012-13).
Baruch College is a City University of New York (CUNY) institution in downtown Manhattan. The Newman Vertical Campus, a 17-story building, is the school’s solution for college life in an urban location: classrooms, research facilities, a recreation complex, a bookstore, a television studio, and more are all housed in one block-wide complex. Though many students commute to school, Baruch offers limited housing spaces in residence halls throughout Manhattan. Even for students who don’t live in university housing, there are more than 170 organizations to consider joining, since most undergraduate clubs meet on a weekday afternoon. There are also more than 10 fraternities and sororities for those interested in Greek life to check out.
Undergraduates publish the school’s newspaper, The Ticker, as well as Dollars & Sense, an annual business review publication. The Baruch College athletic teams, the Bearcats, compete in the CUNY Athletic Conference. For graduate students, Baruch offers programs through the Zicklin School of Business and other academic departments. Notable alumni of CUNY—Baruch College include Sidney Harman, former owner of Newsweek, and Jonas Salk, inventor of the polio vaccine. Singer and actress Jennifer Lopez also attended the school before dropping out.
|School mission and unique qualities (as provided by the school):|
|Baruch College is a senior college in the City University of New York, educates 13,120 undergraduates and 3,943 graduate students in a high-tech campus located in midtown Manhattan. Baruch’s mission is to provide a sound foundation in business and professional education and the arts and sciences; Baruch’s vision is excellence in urban public education. The student body reflects the strength and diversity of New York City, a world-class metropolis, and the College embraces the city through its curriculum, programs and student life.|
The City University and Baruch College have a tradition dating from 1847. Baruch College’s landmark building at 23rd Street and Lexington Avenue is the site of the Free Academy – this country’s first institution of free higher public education. In 1919, City College established a School of Business and Civic Administration, offering its first MBA program one year later. This school was renamed in 1953 in honor of Bernard M. Baruch, noted statesman and financier, who was instrumental in the College’s formation.
In 1968, Baruch became an independent senior college offering the only AACSB accredited business programs within CUNY. It has since grown to become the largest collegiate school of business in the nation.
The Zicklin School offers degree programs leading to the BBA, MBA, Executive MBA, MS, Executive MS in Finance, and the Baruch MBA in Healthcare Administration, which is accredited by the Accrediting Commission on Education for Health Care Administration (ACEHSA). Among its exciting new initiatives are the Zicklin Full-Time MBA program, which enrolls a select group of candidates whose credentials and average GMAT scores of 650 place them among the top students in the nation. Its combined, five-year under-graduate/MS degree program in accountancy meets the latest education requirements for the CPA exam. The Zicklin School houses the City University’s PhD in business and offers a joint degree program leading to the JD/MBA degrees in conjunction with both Brooklyn Law School and The New York Law School.
In 1998, the Zicklin School of Business was named in appreciation for a generous endowment from alumnus and financier Lawrence Zicklin, class of 1957, and his wife, Carol.
The mission of the Zicklin School of Business (ZSB) is to create and disseminate knowledge, to facilitate student learning, and to promote ethical business practices, while capitalizing on the School’s diversity and location in New York City.
ZSB accomplishes its mission by:
- Promoting excellence in education through our undergraduate, MBA and other master’s level, doctoral, and executive business programs, to prepare students for success in the global economy;
- Supporting scholarly research and professional visibility in areas valuable to business and society; and
- Building a community of students, faculty, staff, alumni, and business through academic centers, non-degree programs, and public events.
One of Zicklin’s greatest advantages is its modern, technologically advanced learning environment. With access to Baruch’s new “Newman vertical campus,” state-of-the-art library and technology center, and one-of-a-kind simulated trading floor, Zicklin students have unmatched educational resources that enable them to compete successfully for leading positions in business and industry.
The unveiling of Baruch’s Information and Technology Building in 1994 completed the first phase of an ambitious campus enhancement program. Four floors of the building are devoted to the 1,450-seat William and AnitaNewman Library, an inviting study environment with extensive information resources. The library provides the Baruch community with access to several hundred online databases through the Dow Jones News/Retrieval, LEXIS/NEXIS, and DIALOG services, and to vast holdings in traditional and electronic formats. The building also houses the Baruch Computing and Technology Center (BCTC) , which features over 500 computer workstations with Web access and multimedia capability. BCTC staff provide training and support to Baruch faculty and help them find creative ways to integrate the latest technology into the curriculum.
In Fall 2001 Baruch opened an extraordinary new 17-floor Academic Complex. At almost 800,000 square feet, it covers nearly an entire square block directly opposite the Information and Technology Building. The Zicklin School’s academic departments, classrooms, faculty offices, and executive conference facilities are all located at the new building. A highly innovative structure, the building design is based on a new concept: the “Newman vertical campus,” which reinterprets the traditional notion of a college campus and allows Baruch to maximize its urban setting.
The building is organized around a series of stacked atria, each with large windows welcoming daylight into the building. Each program has its classrooms and faculty offices organized around an atrium. This design re-creates, to the greatest extent possible in a single city block, the campus atmosphere afforded by an open-air quadrangle and encourages spontaneous and direct communication between faculty and students.
This marvel of urban architecture serves as a campus hub, featuring classrooms and research facilities, a three-level sports and recreation center, a theatre and recital space, a television studio, a 500-seat auditorium, a food court, and a bookstore. In addition, an infrastructure has been designed to accommodate current and future teaching technologies, including multimedia instruction, “smart” lecterns, and distance-learning facilities.
Baruch College Ranked In the Aspen Institute’s Global 100
Zicklin’s Full-Time MBA has once again been ranked in the Beyond Grey Pinstripes Global 100, a biennial survey and alternative ranking of business schools from the Aspen Institute. The survey spotlights innovative full-time MBA programs that successfully integrate social, environmental and ethical issues into the MBA curriculum and faculty research. For 2009-2010 Baruch College ranked #65 in the world. Among US full-time MBA programs, Baruch is in the top 20 in the category of students’ access to courses and activities in this growing area. Beyond Grey Pinstripes is a program of the Aspen Institute, an organization dedicated to fostering value-based leadership across all sectors of society. Baruch’s first entry into the Global 100 was in the prior survey year, 2007-2008.
US News & World Report Ranks Baruch College Among The Best In The Nation
US News & World Report Ranks Baruch College Among The Best In The Nation Baruch College has earned a 2010 gold badge as one of the best colleges nationwide from America’s Best Colleges, 2010 Edition, published by U.S. News & World Report magazine. In the just-released report Baruch took honors in several categories. The magazine, which assesses schools regionally, ranked Baruch College at #36 overall in its list of best master-degree granting institutions in the north, and #6 among best master-degree granting public colleges in the region. Read more…
Zicklin OUTSource Wins First Place in Case Study Competition
On Oct. 17, Zicklin MBA students and founders of the new club Zicklin OUTSource won first place in the annual case study competition at the 2009 Reaching Out LGBT MBA Conference (ROMBA). The conference marked the first official activity for Zicklin OUTSource, the Baruch graduate organization for Lesbian, Gay, Bisexual, and Transgender (LGBT) students and allies. Held in Atlanta, Ga., the event drew over 1000 students from top MBA programs around the country and sixteen qualifying teams for the case study competition. Zicklin’s first-place finish placed the school ahead of Harvard Business School and Columbia Business School, which took home second and third place, respectively. See their presentation
Center for the Study of Business and Government (CSBG)
The CSBG is a “think tank” in the Department of Economics and Finance, Zicklin School of Business, Baruch College. Its primary activity is research and its distinguishing feature is the application of quantitative, theoretically grounded analysis to an array of economic and social issues. The goal of the CSBG is to provide analysis that will help to sharpen and inform public decision-making.
The Center has made notable contributions in areas such as
- welfare reform
- health policy
- labor market policies
- Social Security reform
- federal budget issues and monetary policy and inflation.
The research often results in several products appealing to different audiences: articles in peer reviewed academic journals and other professional publications; “op ed” and other articles for general audiences; talks and presentations to both general and academic audiences. The Center sponsors the bi-annual Robert Weintraub Memorial Lecture which most recently was presented by Glenn Hubbard, Chair of the President’s Council of Economic Advisers. (Former speakers included Nobel Prize winners—Gary Becker and Harry Markowitz.) Last year it also hosted a day-long interactive program of the Committee for a Responsible Federal Budget on an “Exercise in Hard Choices”.
The CSBG was established in 1978 by Joel Segall, former President of Baruch College, The senior resident researchers currently include June O’Neill, Wollman Professor of Economics and Center Director since 1987; Ted Joyce, Professor of Economics, Sanders Korenman (Professor, School of Public Affairs) and Alvin Marty, Professor of Economics. Other senior researchers who are affiliated with the Center include Dave M. O’Neill, Neil Bennett, Diane Gibson and Thomas Main. The Center’s research assistants are Mei Liao, a graduate student at the CUNY Graduate Center and Wenhui Li, Ph.D in economics from the Grad Center. Administrative assistance is provided by Eva Mattina.
The Center’s research and other activities are supported through grants and contracts.
The Lawrence N. Field Center for Entrepreneurship
The Lawrence N. Field Center for Entrepreneurship plays a crucial role in establishing the Zicklin School of Business as a leading business school with a specialty in entrepreneurship. The Center’s vision is guided by the overarching principles of research, teaching, and service.
The Field Center is a model of entrepreneurship education built around the collaboration of an institution of higher education, government, and the private sector. Faculty and students from Baruch’s Zicklin School of Business, Baruch’s Small Business Development Center Business (SBDC) Advisors, alumni and volunteers are brought together to support the entrepreneurial endeavors of start-ups and established businesses and the college’s constituents.
The Field Center was founded in 1993 as the Small Business Lab with a grant from the CUNY Workforce Development Initiative and support from Baruch College’s Zicklin School of Business to assist New York City residents in starting businesses. In 1998, the Center was named after Lawrence N. Field in appreciation for his generous contribution.
Since its inception, the Center’s role as an engine for economic impact has been substantial – 16,277 businesses have been served, $110,551,952 invested in the area’s economy and 5,676 jobs have been saved or created.
Weissman Center for International Business
Founded in 1994, the Weissman Center for International Business is designed to enable Baruch College to respond to the global economy with programs appropriate to a preeminent school of business. Guided by an advisory council of distinguished executives, the Center’s activities enrich Baruch Student’s preparation for careers in global work-place by building bridges between the worlds of academia and international business.
The Center is named for George Weissman (‘39), former Chairman of the Board of Philip Morris and the Lincoln Center for the Performing Arts.
The Weissman Center for International Business sponsors numerous programs,
conferences, and forums for students, faculty, and business professionals that enrich understanding of critical issues in international business and the global economy.
Here are some of the activities and programs designed to help Baruch students and alumni build their global skills and stay connected:
- International Internships with firms in the New York metropolitan area.
- Study Abroad with destinations around the world.
- Global Student Certificate program is an inter-disciplinary, co-curricular program for undergraduate students aspiring to become leaders in their fields.
- Scholarships for graduate and undergraduate study in international business and international marketing and for study abroad and internships overseas.
- International Business Alumni, an association of graduates of Baruch who have a professional interest in international business.
Subotnick Financial Services Center
In March 2000 the Zicklin School opened the Subotnick Financial Services Center, an exciting state-of-the-art instructional facility that integrates hands-on financial services practice into the business curriculum. The Subotnick Center is the only business school resource of its kind in New York and one of a handful of comparable facilities at top educational institutions nationwide. Its centerpiece is the Bert W. and Sandra Wasserman Trading Floor, a fully equipped, simulated trading environment featuring 42 high-end networked computer workstations, continuous live data feeds, real-time market quotes, and computerized trading models. Actual market technology is used to teach students about markets and financial services-valuable experience for graduates seeking leading positions in the financial, banking, or accounting services industries. The Center also features a 60-seat seminar room and a 25-seat development lab.
With the generous support of Stuart Subotnick (’62), Vice Chairman and Chief Executive Officer of Metromedia International Group, Inc., and Bert W. (’54) and Sandra (’55) Wasserman, the Zicklin School in Spring 2000 opened a state-of-the-art Financial Services Center (SFSC) whose 42-workstation trading floor permits simulation of a complete set of investment analysis and trading operations activities.
The Wasserman Trading Floor operates as a high-tech, hands-on instructional classroom. It provides students and faculty access to real-time financial data, professional research tools, and leading analytic software. At other times, the floor is a lab for use by students and faculty.
The Subotnick Financial Services Center’s (SFSC) cutting edge technology can provide useful teaching examples in CIS courses.
The Robert Zicklin Center for Corporate Integrity
The Robert Zicklin Center for Corporate Integrity is a forum for discussion of a broad range of contemporary issues confronting US corporations and capital markets. Our concerns include: transparency of corporate reporting, corporate governance, examining legal and ethical corporate behavior, spotlighting executive accountability, corporate responsibility in global business development, risk assessment and amelioration, resolving conflicting corporate stakeholder interests, and evaluating the role of governmental regulation.
The Center aims to:
- Engage in timely discussion of corporate behavior and issues
- Foster interaction among corporate leaders, regulators, scholars and Baruch students
- Increase the impact of ethics in the classroom and on our students’ lives
- Raise the ethical climate of corporate America to a higher plane
- Increase the visibility of Baruch College and the Zicklin School