Baruch College
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Baruch College (officially the Bernard M. Baruch College) is a public college in Manhattan, New York, United States. It is a constituent college of the City University of New York system. Named for financier and statesman Bernard M. Baruch, the college operates undergraduate and postgraduate programs through the Zicklin School of Business, the Weissman School of Arts and Sciences, and the Marxe School of Public and International Affairs.
History
Baruch College is one of the senior colleges in the CUNY system. Its roots go back to the 1847 founding of the Free Academy,<ref>Roff, Sandra, et al, "From the Free Academy to CUNY: Illustrating Public Higher Education in New York City, 1847–1997", Page 6.</ref> 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.Template:Citation needed
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.<ref>Template:Cite journal</ref> 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.<ref>The New Commerce Building of the College of the City of New York Template:Webarchive The Journal of Business Education, Vol 2, No. 6, (September 1929).</ref>
By the 1930s, women were enrolled in 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 CUNY system.Template:Citation needed
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.<ref>Saxon, Wolfgang. "Joel Edwin Segall, Economist and President of Baruch College, Dies at 80" The New York Times, October 15, 2003.</ref> Matthew Goldstein was president of the school from 1991 to 1998 (he later went on to serve as the Chancellor of CUNY from 1999 to 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.<ref>Siegel, Aaron. "Baruch President Ned Regan to Step Down in Fall 2005" Template:Webarchive The Ticker, February 2, 2004.</ref> In 2001, the Vertical Campus opened and Baruch College 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.Template:Citation needed
Kathleen Waldron became the president in 2004. Under Waldron, Baruch College received large donations from its alumni, which resulted in the Vertical Campus, 23rd Street building, and Performing Arts complex being renamed in honor of the three largest donors respectively.<ref>Template:Cite web</ref> Alumni giving has increased under "Baruch Means Business," a $150 million capital campaign.<ref>Template:Cite web</ref> In August 2009, Waldron resigned from her position to become a University Professor at the Graduate Center. Stan Altman, the former dean of the School of Public Affairs from 1999 to 2005, was named interim president.<ref>"Baruch College President Resigns; Dr. Stan Altman Named Interim President" CUNY Newswire, August 18, 2009.</ref>
On February 22, 2010, Mitchel Wallerstein, dean of the Maxwell School of Citizenship and Public Affairs at Syracuse University, was appointed as the president of the college. He took office on August 2, 2010,<ref>"Maxwell School Dean Mitchel B. Wallerstein Appointed President of Baruch College" Template:Webarchive CUNY Newswire, March 1, 2010.</ref> and remained until June 30, 2020, after which he became a University Professor at CUNY. Under his leadership, Baruch College established degree programs with universities globally, ranked as a top college for social mobility, and achieved the best graduation rate within the CUNY system.<ref>" Baruch College President Mitchel B. Wallerstein to Step Down in 2019"</ref>
Baruch College was the scene of student protests in 2011 as a result of tuition hikes<ref name="nytimes1">Template:Cite news</ref> resulting in arrests.<ref name="nytimes1"/> S. David Wu is the president of Baruch College, taking office on July 1, 2020.<ref>Template:Cite web</ref> In October 2025, the nearby 23rd Street subway station was renamed 23rd Street–Baruch College after the college.<ref>Template:Cite AV media</ref><ref>Template:Cite web</ref>
Presidents of Baruch College
| President | Tenure | |
|---|---|---|
| 1. | Robert Weaver | 1968–1970 |
| 2. | Clyde Wingfield | 1971–1976 |
| 3. | Joel Segall | 1977–1990 |
| Joyce Brown (interim) | 1990–1991 | |
| 4. | Matthew Goldstein | 1991–1998 |
| Lois S. Cronholm (interim) | 1998–1999 | |
| Sidney Lirtzman (interim) | 1999–2000 | |
| 5. | Edward Regan | 2000–2004 |
| 6. | Kathleen Waldron | 2004–2009 |
| Stan Altman (interim) | 2009–2010 | |
| 7. | Mitchel Wallerstein | 2010–2020 |
| 8. | S. David Wu | 2020–present |
Academics
Baruch College is composed of three academic schools, the Zicklin School of Business, the Weissman School of Arts and Sciences, and the Marxe School of Public and International Affairs.<ref>Template:Cite web</ref>
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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.<ref>Template:Cite web</ref>
The Weissman School of Arts and Sciences grants a Bachelor of Arts (BA) degree in over 27 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.<ref>Template:Cite web</ref>
The Austin W. Marxe School of Public and International Affairs grants a Bachelor of Science (BS) degree in Public Affairs, a Masters of Public Administration (MPA) in 5 different public affairs-related areas, an Executive MPA, a Masters of International Affairs (MIA), and a Masters of Science in education (MSEd) in Higher Education Administration.<ref>Template:Cite web</ref>
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, Organizational Behavior, or Operations and Decision Analytics) as well as Industrial and Organizational Psychology.<ref>Template:Cite web</ref><ref>Template:Cite web</ref> As of June 2013, the CUNY PhD in Business degree is offered jointly by the Graduate Center and Baruch College.<ref>Template:Cite web</ref>
Campus
Lawrence and Eris Field Building
The Lawrence and Eris Field Building, also known as the 23rd Street Building, is still in use by the college today. The 23rd Street Building began renovation in 2013. The ten-year renovation project will finally bring the 23rd Street Building to twenty-first century standards.<ref>Template:Cite web</ref> The building is home to the Marxe School of Public and International Affairs and several administrative offices.Template:Citation needed
Information and Technology Building
The Information and Technology Building is located across East 25th Street from the Newman Vertical Campus.<ref>Template:Cite web</ref> The structure, which was once a substation for New York City streetcars,<ref>Template:Cite news</ref> it is home to the William and Anita Newman Library.<ref name="NYTimes-UrbanQuadrangle-1998">Template:Cite news</ref> A 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.<ref>Template:Cite web</ref>
Newman Vertical Campus
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After decades of renting space for classrooms, the college began constructing what is now the Newman Vertical Campus in 1998; the 17-story building was designed by Kohn Pedersen Fox.<ref name="NYTimes-UrbanQuadrangle-1998" /> Named after businessman William Newman and inaugurated on August 27, 2001, the building is a Template:Convert, 17-floor building, which cost $327 million to erect.<ref name="nyt vertcamp"/><ref>Template:Citation</ref> It is now home to the Zicklin School of Business and the Weissman School of Arts and Sciences (the Marxe School of Public and International Affairs is housed in the Field Building).<ref name="nyt vertcamp">Template:Cite news</ref> It houses classrooms, faculty offices, additional computer labs for student use, along with the Athletic and Recreation Complex (ARC), Cafeteria, and Baruch Bookstore.<ref>"Baruch College: The Newman Vertical Campus" Template:Webarchive College Brochure, Fall 2001</ref> The Newman Vertical Campus received the American Institute of Architects' highest award for an individual building in 2003.<ref>Template:Cite web</ref> East 25th Street between Lexington and Third Avenue was renamed "Bernard Baruch Way", and the college now uses the Vertical Campus as its official address.Template:Citation needed
Campus location
The college is located between East 22nd and 25th Streets in Manhattan, along Lexington Avenue. The campus is served by the following transportation:
- New York City Subway: the 23rd Street–Baruch College and 28th Street subway stations at Park Avenue, served by the Template:NYCS trains.<ref>Template:NYCS const</ref>
- New York City Bus: Template:NYC bus link routes.<ref>Template:Cite NYC bus map</ref>
Academic centers and institutes
- Baruch College Survey Research<ref>Template:Cite web</ref>
- CCI – Corporate Communication International<ref>Template:Cite web</ref>
- CUNY Institute for Demographic Research<ref>Template:Cite web</ref>
- Center for Educational Leadership<ref>Template:Cite web</ref>
- Center on Equality, Pluralism and Policy<ref>Template:Cite web</ref>
- Lawrence N. Field Center for Entrepreneurship<ref>Template:Cite web</ref>
- Jewish Studies Center<ref>Template:Cite web</ref>
- Steven L. Newman Real Estate Institute<ref>Template:Cite web</ref>
- New York Census Research Data Center<ref>Template:Cite web</ref>
- Center for Nonprofit Strategy and Management<ref>Template:Cite web</ref>
- Center for the Study of Business and Government (CSBG)<ref>Template:Cite web</ref>
- 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.<ref>Template:Cite web</ref>
- 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.<ref>Template:Cite web</ref>
- The Subotnick Financial Services Center, which opened in 2000, provides a simulation of practical trading experience. Its centerpiece is the Bert W. and Sandra Wasserman Trading Floor.<ref>Template:Cite web</ref>
- Center for Teaching and Learning<ref>Template:Cite web</ref>
- Computer Center for Visually Impaired People<ref>Template:Cite web</ref>
- Weissman Center for International Business<ref>Template:Cite web</ref>
- Robert Zicklin Center for Corporate Integrity<ref>Template:Cite web</ref>
Partnerships
- The Zicklin School of Business:
- has established a corporate-university partnership with JPMorgan Chase.<ref>Template:Cite web</ref>
- maintains a joint JD/MBA program with Brooklyn Law School and New York Law School.<ref>Template:Cite web</ref>
- Baruch College Campus High School is a public high school operated by the New York City Department of Education that is affiliated with the college.
- The Executive Master of Science in finance, and Executive Master of Science in marketing programs at the American Graduate School in Paris are affiliated with Baruch College.<ref>Template:Cite web</ref>
Student life
| Race and ethnicity | Total | ||
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| Asian | Template:Bartable | ||
| Hispanic | Template:Bartable | ||
| White | Template:Bartable | ||
| Black | Template:Bartable | ||
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| Low-incomeTemplate:Efn | Template:Bartable | ||
| AffluentTemplate:Efn | Template:Bartable | ||
WBMB Baruch College Radio currently provides around the clock radio broadcasts via their website stream and local FM frequency 94.3.Template:Citation needed The Ticker<ref name="theticker.org">Template:Citation</ref> has been the student newspaper since 1932. The school is home to over 130<ref>Template:Cite web</ref> clubs and student organizations, including large chapters of such national and international organizations as Finance and Economics Society, ISACA Cybersecurity Club, ALPFA, AIESEC, Toastmasters, Alpha Kappa Psi, Sigma Alpha Delta, Muslim Student Association, Bangladesh Student Association, United Chinese Language Association, InterVarsity Christian Fellowship, and Golden Key.<ref>Template:Cite web</ref> Most undergraduate clubs meet on Thursdays between 12:40 p.m. to 2:20 p.m., which is known as "Club Hours."<ref>"Student Clubs And Organizations"</ref> Baruch college also has an art gallery on campus (Mishkin Gallery) that showcases various exhibitions that engage and educate the students.<ref>Template:Cite web</ref>
Athletics
Baruch College competes in Division III of the National Collegiate Athletic Association. The sports teams, referred to as the Bearcats (with Binturong being the actual name of these animals from many parts of Asia) 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. Women's sports include basketball, cross country, softball, swimming & diving, tennis and volleyball.<ref>Template:Cite web</ref>
Admissions
The undergraduate admissions for Baruch College are considered to be "Selective" by the College Board with a 43% acceptance rate.<ref name=board>Template:Cite web</ref> Baruch College follows a holistic admissions process by considering teacher recommendations, application essay, and extracurricular activities, in addition to standardized test scores and GPA.<ref>"How to Apply"</ref> For 2022, the average admitted student's GPA was 3.7, with an SAT score range of 1170–1350 and average ACT score of 27.<ref>Template:Cite web</ref><ref name=board/> The college has a 70% graduation rate within six years.<ref>Template:Cite web</ref>
Rankings
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Baruch College has been ranked by multiple sources, including:
- 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.<ref>Template:Cite web</ref>
- Washington Monthly ranked Baruch #1 in the Northeast in 2015 in providing "Best Bang for the Buck."<ref>Template:Cite web</ref>
- CNBC Says Baruch College is #2 Best Public Institution Nationwide for Return on Investment in 2020.<ref>Template:Cite web</ref>
- Entrepreneur magazine and The Princeton Review ranked Baruch #5 in 2018 among colleges for its undergraduate entrepreneurship program,<ref>Template:Cite news</ref> and #10 for the graduate school.<ref>Template:Cite news</ref>
- Forbes ranked Baruch #9 in the country among "Best Value Schools" for 2019.<ref>Template:Cite web</ref> The magazine also ranked Baruch #55 nationally among "Best Business Schools."<ref>Template:Cite news</ref>
- In 2015, Business Insider recognized Baruch as #19 in its ranking of the 25 business schools that offer the best value.<ref>Template:Cite news</ref>
- U.S. News & World Report ranked Baruch 20th in 2017 among Regional Universities in the North.<ref>Template:Cite web</ref> The magazine also ranked Baruch #4, Most Ethnically Diverse (in the North Region); #5, Top Public Schools (in the North Region); #1, Least Debt (in the North Region); #15, City Management and Urban Policy; #29, Health Care Management; #35, Accounting; #45, Top Public Affairs Schools; #61, Best Undergraduate Business programs; #66, Best Part-time MBA.<ref>Template:Cite web</ref><ref>Template:Cite web</ref>
- U.S. News & World Report, in its 2023 ranking of "Best Business Schools," listed Zicklin as #49 nationally.<ref>Template:Cite web</ref>
Notable alumni
Before 1968, alumni of Baruch College were officially alumni of the City College of New York.
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Jennifer Lopez (1987–1987) American actress and singer<ref>Template:Cite web</ref>
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Michael Grimm ('94), former member of the United States House of Representatives<ref>Template:Cite web</ref>
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Melissa Mark-Viverito ('95), former Speaker of the New York City Council<ref>Template:Cite webTemplate:Dead link</ref>
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Fernando Ferrer ('04), former chairman of Metropolitan Transportation Authority<ref>Template:Cite web</ref>
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Martin Shkreli ('04), founder of Turing Pharmaceuticals<ref>Alexa Lardieri. (September 14, 2017). 10 Things You Didn't Know About Martin Shkreli US News</ref>
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Rim Ji-hoon ('22), former CEO of Kakao Corporation
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Notable faculty
- Ervand Abrahamian, Professor of history, Fellow of the American Academy of Arts and Sciences<ref>Template:Cite web</ref>
- Abraham J. Briloff, Professor of accounting, Inductee of The Accounting Hall of Fame in 2014<ref>Template:Cite news</ref>
- Joel Brind, Professor of biology, Scientific advocate of the abortion–breast cancer hypothesis<ref>Template:Cite web</ref>
- Mario Cuomo, former 3-term governor of New York State, Taught a public affairs seminar in the fall of 2008<ref>Template:Cite news</ref>
- Matthew Goldstein, former chancellor of The City University of New York, Taught mathematics and statistics<ref>Template:Cite news</ref>
- David Gruber, Marine biologist<ref>Template:Citation</ref> and National Geographic Explorer,<ref>Template:Cite web</ref> Presidential Professor of Biology and Environmental Sciences at the City University of New York<ref>Template:Cite web</ref>
- Ted Joyce, professor of economics, research associate at the National Bureau of Economic Research<ref>Template:Citation</ref>
- Douglas P. Lackey, professor of philosophy, playwright<ref>Template:Cite web</ref>
- John Liu, former New York City Comptroller, mayoral candidate, and former member of the New York City Council, Taught municipal finance and policy in the School of Public Affairs<ref>Template:Cite web</ref>
- Kenneth L. Marcus, former Assistant Secretary for Civil Rights at the United States Department of Education, Taught courses on Diversity Management and Civil Rights Law<ref>Template:Cite web</ref>
- Harry Markowitz, Professor of Finance, recipient of Nobel Prize in Economics (1990)<ref>Template:Cite web</ref>
- Wendell Pritchett, Chancellor of Rutgers University–Camden, Interim Dean and Presidential Professor at the University of Pennsylvania Law School, and Provost of the University of Pennsylvania<ref>Template:Cite web</ref>
- Carla Robbins, Clinical Professor, former deputy editorial page editor of The New York Times<ref>Template:Cite web</ref>
- David Rosner, Ronald H. Lauterstein Professor of Sociomedical Sciences and professor of history in the Graduate School of Arts and Sciences at Columbia University; Co-director of the Center for the History and Ethics of Public Health at Columbia's Mailman School of Public Health; member, National Academy of Sciences' Institute of Medicine (class of 2010)
- Donna Shalala, Secretary of Health and Human Services under the Clinton Administration, Taught politics at Baruch in the 1970s<ref>Template:Cite web</ref>
- Clarence Taylor, Emeritus Professor of history<ref>Template:Cite web</ref>
- John Trinkaus, former Professor of Management and Dean, recipient of Ig Nobel Prize<ref>Template:Cite web</ref>
- Yoshihiro Tsurumi, Professor of international business, scholar in multinational business strategy and national competitiveness<ref>Template:Cite web</ref>
Notes
References
External links
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