NYU Stern introduces one-year tech and fashion & luxury MBA programs
New York University Stern School of Business announced on Monday the launch of new one-year Tech MBA and Fashion & Luxury MBA programs.
The University is introducing the MBA programs to provide students with relevant real-world experience for those with technology and luxury fashion backgrounds. The program structure consists of four components: electives; a business core; a technology or fashion and luxury core; and real-world experiential learning projects with organizations in the respective specialty areas.
The Stern School of Business, one of the nation’s management education schools and research centers in New York City’s Greenwich Village, developed the new MBA programs through conversations with industry advisors, including business leaders from Amazon, BuzzFeed, Citigroup and General Catalyst among others.
In addition, Stern assembled advisory boards for both programs consisting of top industry players such as Greg Coleman, President of BuzzFeed; Michelle Peluso, Chief Marketing Officer, IBM Corporation; Maria Renz, Vice President Delivery Experience and Robotics, Amazon; Dan Schulman, President and CEO, PayPal; Alexis Maybank, Founder, Gilt Groupe; Uri Minkoff, Co-founder and CEO, Rebecca Minkoff and Creative Director/CEO, Uri Minkoff; and Simon Collins, Former Dean, School of Fashion, Parsons School of Design and Founder of Fashion Culture Design Unconference.
“Because we sit in the heart of the business ecosystem that is New York City, with global headquarters and new economy upstarts just outside our doors, we are in constant conversation with industry about developing future talent," said Peter Henry, Dean, NYU Stern. "This dialogue drives continuous innovation at Stern, such as establishing the first FinTech MBA specialization at a business school last year to creating new specialized MBA programs now, so we stay as relevant to the new economy as we are to Wall Street."
The Tech MBA, which is designed for business candidates with strong technology backgrounds, will prepare students to advance their careers in Product Management, FinTech and Tech Entrepreneurship across various industries.
The Fashion & Luxury MBA is introduced in response to the fashion and luxury industries recognizing the competitive advantage of adding business-educated talent to their creative ranks. The program is designed for students, with a commitment to managerial roles in accessories, apparel, beauty, jewelry, high-end automotive, fine wines and spirits, real estate, and wearable tech among others.
“Stern’s Tech MBA and Fashion & Luxury MBA are intentionally designed for a specific type of MBA candidate, one with a definitive career focus and a passion for these fields,” said Raghu Sundaram, Vice Dean for MBA Programs and Online Learning. “These new MBAs provide broad exposure to core business areas with a depth of focus on the specialty area through an efficient schedule, reducing the opportunity cost with a more affordable MBA option.”
The inaugural classes will enroll at Stern in May 2018. Students will take 51 credits over 12 months and earn an MBA degree from Stern in one year.
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