Baruch College

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Baruch College
CUNY Baruch College Seal.png
Seal of Baruch College
Type Public
Established 1968 as an independent college
Endowment $180.69 million[1]
President Mitchel Wallerstein
Provost David Christy
Academic staff
500 (full time)
Undergraduates 13,777[2]
Postgraduates 3,240
Location , ,
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Campus Urban
Colors Blue      and White     
Nickname The Bearcats
Affiliations City University of New York
Mascot Bearcat
Website www.baruch.cuny.edu
Baruch logo.svg

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The Bernard M. Baruch College of the City University of New York, commonly known as Baruch College, is a constituent college of the City University of New York system located in the Gramercy Park section of Manhattan, New York City. Named for financier and statesman Bernard M. Baruch, the college operates undergraduate, masters, and Ph.D. programs through its Zicklin School of Business,[3] as well as the Weissman School of Arts and Sciences and the School of Public Affairs.

History

The original 23rd Street Building, still in use
Steven L. Newman Hall at 137 East 22nd Street was built as one of the first Children's Courts in the U.S. (1912–1916).[4]
The Art Deco Administrative Center at 135 East 22nd Street was built in 1937–1939 as the Domestic Relations Court Building, and was connected to the Children's Court next door.[5]
151 East 25th Street

Baruch is one of CUNY's senior colleges, and traces its roots back to the 1847 founding of the Free Academy,[6] the first institution of free public higher education in the United States. The New York State Literature Fund was created to serve students who could not afford to enroll in New York City’s private colleges. The Fund led to the creation of the Committee of the Board of Education of the City of New York, led by Townsend Harris, J.S. Bosworth, and John L. Mason, which brought about the establishment of what would become the Free Academy, on Lexington Avenue in Manhattan.

The Free Academy became the College of the City of New York, now The City College of New York (CCNY). In 1919, what would become Baruch College was established as City College School of Business and Civic Administration.[7] On December 15, 1928, the cornerstone was laid on the new building which would house the newly founded school. At this point, the school did not admit women. At the time it opened it was considered the biggest such school for the teaching of business education in the United States.[8]

By the 1930s, women were allowed into the School of Business. The total enrollment at CCNY reached an all-time high of 40,000 students in 1935, and the School of Business had an enrollment of more than 1,700 students in the day session alone. In 1953, it was renamed the Baruch School of Business in honor of Bernard Baruch, an 1889 graduate of CCNY who went on to become a prominent financier and adviser to two presidents. In 1961, the New York State Education Law established the City University of New York (CUNY) system. In 1968, the Baruch School of Business was spun off as Baruch College, an independent senior college in the City University system.

The first president of the new college (1969–1970) was the previous Federal Secretary of Housing and Urban Development Robert C. Weaver. In 1971, the college appointed Clyde Wingfield, a noted educator, as its president. He was succeeded by economist Joel Edwin Segall in 1977. Segall recruited several well-known faculty members to the School of Business and established the college's permanent home on Lower Lexington Avenue.[9] Matthew Goldstein was president of the school from 1991 to 1998 (he later went on to serve as the Chancellor of CUNY from 1999-2013). He was responsible for raising admissions requirements and creating the School of Public Affairs in 1994. Edward Regan, former comptroller of New York state, served as president from 2000 to 2004. During his tenure, test scores rose, student retention rates increased, and many new faculty members were hired.[10] In 2001, the Vertical Campus opened and Baruch accepted its first students from the CUNY Honors College, now known as the Macaulay Honors College. The college also implemented a common core curriculum for all undergraduates.

Baruch received donations from alumni, with the Vertical Campus, 23rd Street building, and Performing Arts complex renamed in honor of the three largest donors, respectively.[11] Alumni giving has increased under "Baruch Means Business," a $150 million capital campaign.[12] In August 2009, Waldron resigned from her position to become a University Professor at the Graduate Center. Stan Altman, former dean of the School of Public Affairs from 1999 to 2005, was named interim president.[13]

On February 22, 2010, Dr. Mitchel Wallerstein, Dean of the Maxwell School of Citizenship and Public Affairs at Syracuse University, was appointed as the next President of Baruch College. He took office on August 2, 2010.[14]

Baruch was the scene of student protests in 2011 as a result of tuition hikes.[15] This resulted in arrests.[15]

Larry Zicklin, who endowed the Zicklin School of Business with an $18 million gift in 1997, is currently a Clinical Professor at Stern School of Business at New York University and teaches courses in Corporate Governance and the Management of a Financial Business at Stern. Zicklin is also a Senior Fellow at the Wharton School at the University of Pennsylvania.

Presidents of Baruch College

President Tenure
1. Robert Weaver 1968–1970
2. Clyde Wingfield 1971–1976
3. Joel Segall 1977–1990
4. Joyce Brown (Interim) 1990–1991
5. Matthew Goldstein 1991–1998
6. Lois S. Cronholm (Interim) 1998–1999
7. Sidney Lirtzman (Interim) 1999–2000
8. Edward Regan 2000–2004
9. Kathleen Waldron 2004–2009
10. Stan Altman (Interim) 2009–2010
11. Mitchel Wallerstein 2010–Present

Academics

The college is composed of three academic schools, the Zicklin School of Business, the Weissman School of Arts & Science, and the School of Public Affairs.

The Zicklin School of Business grants a Bachelor of Business Administration (BBA) degree in 19 different business related areas, a Masters of Business Administration (MBA) in 14 business related areas, and a Masters of Science (MS) in 8 business related programs.[16]

The Weissman School of Arts and Sciences grants a Bachelor of Arts (BA) degree in over 26 different arts and science related areas, a Masters of Arts (MA)in Corporate Communications and Mental Health Counseling, and a Masters of Science (MS) in Financial Engineering and Industrial Organizational Psychology.[17]

The School of Public Affairs grants a Bachelor of Science (BS) degree in Public Affairs, a Masters of Public Administration (MPA) in 5 different public affairs related areas and a Masters of Science in Education (MSEd) in Higher Education Administration.[18]

The college also houses several doctoral (PhD) programs offered through the CUNY Graduate Center. They include Business (with specializations in Accounting, Finance, Information Systems, Marketing or Organizational Behavior) as well as Industrial and Organizational Psychology.[19][20] As of June 2013, the CUNY PhD in Business degree is offered jointly by the Graduate Center and Baruch College.[21]

Facilities

Newman Vertical Campus

17 Lexington Building

The building at 17 Lexington Avenue, or the 23rd Street Building as it is commonly referred to is still in use by the college today. According to Mr. Jim Lloyd, the assistant vice president of Campus Operations at Baruch College, the 23rd St Building is scheduled to begin renovation in 2013. The ten-year renovation project will finally bring the 23rd Street Building to 21st-century standards.[22] In 1998, after decades of renting space for classrooms, the college began construction of what would later be called the Newman Vertical Campus, named after businessman William Newman. Inaugurated on August 27, 2001, the 17-story building is now home to the Zicklin School of Business and the Weissman School of Arts and Sciences (the School of Public Affairs is housed in a separate building at 135 East 22nd Street).[23] East 25th Street between Lexington and Third Avenues was renamed "Bernard Baruch Way," and the college now uses the Vertical Campus as its official address.

Information and Technology / Library Building

The Information and Technology Building, opened in 1994, is located across East 25th Street from the Newman Vertical Campus.[24] It is home to the William and Anita Newman Library, featuring multiple floors with Wi-Fi access and designated "study-pod" areas. A 320-seat computer lab, the Baruch Computing and Technology Center, is on the sixth floor. The building also contains the offices of the Registrar, Undergraduate Admissions, Financial Aid and the International Student Center. It is colloquially known as the "Library Building" by students and staff.

Newman Vertical Campus

The Newman Vertical Campus is 786,000 square feet, 17-floor building, which cost a total of $327 million to erect.[23][25] It was honored in 2003 by the American Institute of Architects with the highest award it offers to an individual building.[26] It houses classrooms, faculty offices, additional computer labs for student use, along with the Athletic and Recreation Complex (ARC), Cafeteria, and Baruch Bookstore.[27] The Administration Building, located on East 22nd Street, is home to the School of Public Affairs and several administrative offices.

Academic centers & institutes

  • Baruch College Survey Research[28]
  • CCI - Corporate Communication International[29]
  • CUNY Institute for Demographic Research[30]
  • Center for Educational Leadership[31]
  • Center on Equality, Pluralism and Policy[32]
  • Lawrence N. Field Center for Entrepreneurship[33]
  • Jewish Studies Center[34]
  • Steven L. Newman Real Estate Institute[35]
  • New York Census Research Data Center[36]
  • Center for Nonprofit Strategy and Management[37]
  • Center for the Study of Business and Government (CSBG)[38]
  • The Bernard L. Schwartz Communication Institute at Baruch College is an academic service unit and faculty development program. It supports educational technology and communications instructional projects in the college.[39]
  • The STARR Career Development Center, named after the Starr Foundation, provides career services to all Baruch College undergraduates and alumni with bachelor's degrees from Baruch.[40]
  • Subotnick Financial Center: The Subotnick Financial Services Center, opened in 2000, provides a simulation of practical trading experience. Its centerpiece is the Bert W. and Sandra Wasserman Trading Floor.[41]
  • Center for Teaching and Learning[42]
  • Computer Center for Visually Impaired People[43]
  • Weissman Center for International Business[44]
  • Robert Zicklin Center for Corporate Integrity[45]

Partnerships

Zicklin-JP Morgan Chase Partnership
Zicklin School of Business and JP Morgan Chase have established a corporate-university partnership.[46]
Baruch College Campus High School
Baruch College Campus High School is a New York City public high school affiliated to the college
Baruch College's Zicklin Business School and AGS
American Graduate School in Paris is a graduate school in Paris, France. Its Executive Master of Science in Finance and the Executive Master of Science in Marketing at the American Graduate School of Business and Economics are affiliated program with Baruch.[47]

Student life

Student body diversity

Baruch had been ranked #1 for seven consecutive years as the 'Most Ethnically Diverse College' in United States by US News.[48]

Student organizations

The Ticker[49] has been the student newspaper since 1932. The school is home to business organizations, including large chapters of such national and international organizations such as ALPFA (The Association of Latino Professionals in Finance & Accounting), AIESEC, Toastmasters, Roller Hockey Club,[50] Alpha Kappa Psi, American Humanics, and Golden Key.[51]

Athletics

Baruch College teams participate as a member of the National Collegiate Athletic Association's Division III. The Bearcats are a member of the City University of New York Athletic Conference (CUNYAC). Men's sports include baseball, basketball, cross country, soccer, swimming & diving, tennis and volleyball; while women's sports include basketball, cross country, dance team, softball, swimming & diving, tennis and volleyball.

Admissions

Undergraduate

Baruch's Undergraduate Admissions is considered to be "Very Selective" by College Board.[52] In the Fall of 2013, over 19,400 students applied for admissions and only 5,000 were admitted with an acceptance rate of 27%. Baruch follows a holistic admissions process by considering teacher recommendations, application essay, and extra curricular activities, in addition to standardized test scores and GPA.

Zicklin School of Business

The Zicklin School of Business (commonly known as Zicklin) is Baruch College's business school. It was established in 1919.

Rankings

  • In its annual "Social Mobility Index" for 2015, CollegeNet ranked Baruch #1 in the country, among more than 900 schools considered, in providing social mobility for students.[53]
  • Washington Monthly ranked Baruch #1 in the Northeast in 2015 in providing "Best Bang for the Buck."[54]
  • Entrepreneur magazine and Princeton Review ranked Baruch #6 in 2015 among colleges for its undergraduate entrepreneurship program,[55] and #9 for the graduate school.[56]
  • Forbes ranked Baruch #14 in the country among "Best Value Schools" for 2015.[57]
  • U.S. News & World Report ranked Baruch College 32nd in 2015 among Regional Universities in the North.[58] The magazine also ranked Baruch (in the North region) #4, Most Ethnically Diverse; #6, Top Public Schools; #1, Least Debt. Baruch's Zicklin School of Business ranked #3 among business schools in New York City, behind Columbia and New York University.

Notable people

Alumni

Before 1968, alumni were officially alumni of the City College of New York.

The number of Baruch College's Living Alumni is 107,277 as of 2007–08. It is represented by alumni in all 50 US states and 85 countries abroad.[59]

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Faculty

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See also

References

  1. http://alumni.baruch.cuny.edu/data/files/gallery/ContentGallery/BCF_Annual_Report_201314.pdf
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  4. "Children's Court" at Gramercy Neighborhood Associates
  5. "Domestic Relations Court" at Gramercy Neighborhood Associates
  6. Roff, Sandra, et al, "From the Free Academy to CUNY: Illustrating Public Higher Education in New York City, 1847-1997", Page 6.
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  8. The New Commerce Building of the College of the City of New York The Journal of Business Education, Vol 2, No. 6, (September 1929).
  9. Saxon, Wolfgang. "Joel Edwin Segall, Economist and President of Baruch College, Dies at 80" The New York Times, October 15, 2003.
  10. Siegel, Aaron. "Baruch President Ned Regan to Step Down in Fall 2005" The Ticker, February 2, 2004.
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  13. "Baruch College President Resigns; Dr. Stan Altman Named Interim President" CUNY Newswire, August 18, 2009.
  14. "Maxwell School Dean Mitchel B. Wallerstein Appointed President of Baruch College" CUNY Newswire, March 1, 2010.
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  23. 23.0 23.1 Arenson, Karen W. "Baruch College Opens a Huge 'Vertical Campus'"' 'The New York Times, August 28, 2001.
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  27. "Baruch College: The Newman Vertical Campus" College Brochure, Fall 2001
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  51. [1]
  52. https://bigfuture.collegeboard.org/college-university-search/city-university-of-new-york-baruch-college
  53. http://socialmobilityindex.org/
  54. http://www.washingtonmonthly.com/college_guide/rankings-other-college-guide/best-bang-for-buck-northeast-rank.php
  55. http://www.entrepreneur.com/slideshow/252396
  56. http://www.entrepreneur.com/slideshow/252395
  57. http://www.forbes.com/sites/laurenfeiner/2015/07/29/best-value-colleges-2015-top-25-best-colleges-for-the-money/
  58. http://colleges.usnews.rankingsandreviews.com/best-colleges/rankings/regional-universities-north/page+4
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  64. http://www.timeinc.com/about/leadership/joseph-a-ripp/
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External links