Baruch College

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Baruch College
CUNY Baruch College Seal.png
Seal of Baruch College
MottoThe American Dream Still Works
Established1968 as an independent college
Endowment$294 million[1][2]
PresidentMitchel Wallerstein
ProvostJohn Brenkman (Interim)
Academic staff500 (full time)
Admin. staff700
LocationNew York City, NY, USA
NicknameThe Bearcats
AffiliationsCity University of New York
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Coordinates: 40°44′25″N 73°59′00″W / 40.740159°N 73.98338°W / 40.740159; -73.98338

Baruch College
CUNY Baruch College Seal.png
Seal of Baruch College
MottoThe American Dream Still Works
Established1968 as an independent college
Endowment$294 million[1][2]
PresidentMitchel Wallerstein
ProvostJohn Brenkman (Interim)
Academic staff500 (full time)
Admin. staff700
LocationNew York City, NY, USA
NicknameThe Bearcats
AffiliationsCity University of New York
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).[3]
The 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.[4]

Baruch College, officially Bernard M. Baruch College, is a constituent university located in the Flatiron district of Manhattan, New York City. It is a senior college of the City University of New York system. Baruch offers undergraduate and masters degrees through its Zicklin School of Business, the largest business school in the United States,[5] as well as the Weissman School of Arts and Sciences, and School of Public Affairs.



Baruch is one of CUNY's senior colleges, and traces its roots back to the founding of the Free Academy, 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. 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.[6]

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. Most were Jewish and Italian immigrants, who could not afford to attend private universities. The School of Business was renamed the Baruch School in 1958 in honor of alumnus Bernard Baruch, a statesman and financier. In 1961, the New York State Education Law established the City University of New York (CUNY) system and, in 1968, Baruch College became a senior college in the City University system.

In the CUNY years, Baruch grew drastically and for a time, CUNY considered relocating the college to Harlem to allow for expansion. The idea was later dropped, and the college acquired property on East 24th Street in Manhattan to expand its campus. 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.[7] Current CUNY Chancellor Matthew Goldstein was president of the school from 1991 to 1998. 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.[8] 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.

Kathleen Waldron was appointed president in 2004. Under her leadership, the quality of students continued to rise and faculty hiring accelerated.[citation needed] Baruch also received an unprecedented number of donations from alumni, with the Vertical Campus, 23rd Street building, and Performing Arts complex renamed in honor of the three largest donors, respectively.[9] Alumni giving has increased under "Baruch Means Business," a $150 million capital campaign.[10] 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.[11]

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.[12]

Baruch was the scene of student protests in 2011 as a result of tuition hikes. [5] This resulted in arrests. [6]

Presidents of Baruch College

1.Robert Weaver1968–1970
2.Clyde Wingfield1971–1976
3.Joel Segall1977–1990
4.Joyce Brown (Interim)1990–1991
5.Matthew Goldstein1991–1998
6.Lois Cronholm (Interim)1998–1999
7.Sidney Lirtzman (Interim)1999–2000
8.Edward Regan2000–2004
9.Kathleen Waldron2004–2009
10.Stan Altman (Interim)2009–2010
11.Mitchel Wallerstein2010–Present


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.[13]

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.[14] 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.[15]

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.[16][17]

Though the college is often recognized because of its business programs, they have various programs which have highlights. One such program is the Research Experience for Undergraduates (REU) sponsored by the National Science Foundation.[18] This program allows selected students from the Metropolitan area to complete an independent psychological research study with the guidance of a faculty member from Baruch's Department of Psychology.


Newman Vertical Campus

The Newman Vertical Campus is 786,000 square feet, 17-floor building, which cost a total of $327 million to erect.[19] It was honored in 2003 by the American Institute of Architects with the highest award it offers to an individual building.[20] It houses classrooms, faculty offices, additional computer labs for student use, along with the Athletic and Recreation Complex (ARC), Cafeteria, and Baruch Bookstore.[21] The Administration Building, located on East 22nd Street, is home to the School of Public Affairs and several administrative offices.

Baruch College's largest lecture hall which accommodates roughly 500 students. It occupies two floors (4th & 5th) of the Vertical Campus building. Lecture halls at Baruch College are usually used for introductory courses. This is a modern lecture hall; microphones and large projection screens are used to help students.

17 Lexington Building

The building at 17 Lexington Avenue (or 23rd St Building, as it is commonly referred to) is still in use by the college today. The building is now named the Lawrence and Eris Field Building. The building is most recognized for its notoriously slow elevators. 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 St 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 Newman Vertical Campus. [7] It is home to the 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.

Academic Centers

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 [8]

The Center is featured frequently in popular magazines and newspapers such as Fortune Magazine, [9] BusinessWeek,[10] New York Times, [11] Crain's New York Business, [12] Traders Magazine, [13] New York Post, [14] Securities Industry News, [15] and Associated Press [16]

Baruch's own trading floor is often quoted in magazines as a competitive edge over NYC leading business schools: Columbia University and Stern NYU. One of the issues that Financial Times stated: "Students are turning down colleges that do not have trading floors. The text books are out there. Whether you are at New York University or Columbia the theory is all the same. What do you need? You need the edge to put this theory into practice." [17]

STARR Career Development Center

Named after the Starr Foundation, the Center provide career services to Baruch College undergraduates and to Weissman graduate students.

The Bernard L. Schwartz Communication Institute

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. [18]

Center for Educational Leadership
Center for Equality, Pluralism and Policy[24]
Center for Innovation and Leadership in Government[25]
Center for Nonprofit Strategy and Management[26]
Center for the Study of Business and Government (CSBG)[27]
Lawrence N. Field Center for Entrepreneurship[28]
Weissman Center for International Business[29]
Robert Zicklin Center for Corporate Integrity[30]


Zicklin-JP Morgan Chase Partnership

Zicklin School of Business and JP Morgan Chase have established a corporate-university partnership.[31]

CFA Program Partner

Baruch is one of the 34 CFA Program Partners in United States. This allows Baruch students to gain access to CFA Institute's exclusive textbooks, journals, and sample papers, and to pay a discounted CFA Exam Fee[32]

Baruch College Campus High School

Baruch College Campus High School (BCCHS) 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 .[33]

Student Life

101 Ludlow

101 Ludlow Street is a high-rise building in Manhattan. Instead of the student body being primarily from one school, Ludlow houses students from three colleges: Baruch College, King's College, and originally the School of Visual Arts. Baruch students occupy 6 floors of the residency building.[34]

Student Body Diversity

Baruch had been ranked #1 for seven consecutive years as the 'Most Ethnically Diverse College' in United States by US News.[35] In 2011, Baruch's rank fell to #2.[36]

Student Organizations

The Ticker[37] has been the student newspaper since 1932. The school is home to several diverse business organizations, including large chapters of such national and international organizations such as ALPFA (The Association of Latino Professionals in Finance & Accounting), AIESEC, Toastmasters, American Humanics, and Golden Key).[38]

Student Center

In December 2011, undergraduate students passed a referendum to raises student activity fees for the purpose of acquiring a dedicated student center building.[39] The fee has been collected since the Fall 2011 semester, and current plans call for the purchase of the new student center within five years.


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.



According to CollegeProwler, an online student-run college guide, Baruch College's admission difficulty is considered to be hard.[40] The median SAT Score of incoming class of 2010 was 1216[41] (Critical Reading and Math), which has risen by 74 points this year to 1290.[42]

Master in Financial Engineering (MFE)

The acceptance rate for Fall 2011 admission was 6%. The number of applicants to the MFE program for Fall 2011 admission increased by 18%. Moreover, the average GRE Quantitative score of all the applicants increased from 781 to 794, an all-time high.[19] The MFE Program was ranked #5, surpassing Columbia, Cornell, and UC Berkeley, Stanford, MIT, UCLA and University of Michigan in 2011 Quant Network Ranking.[20]

SemesterApplicantsAdmittedAdm. Rate
Fall 2012640376%
Fall 2011672436%
Fall 2010467357%
Fall 2009353298%
Fall 20085145711%
Fall 20073374814%
Fall 20061844223%
Fall 20051293628%
Fall 20041324836%


Notable 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.[46]

Notable faculty

See also


  1. ^ "Baruch Means Business Campaign".
  2. ^ "Invest in Baruch College - Expanding the Vision".
  3. ^ "Children's Court" at Gramercy Neighborhood Associates
  4. ^ "Domestic Relations Court" at Gramercy Neighborhood Associates
  5. ^ "Baruch College History".
  6. ^ The New Commerce Building of the College of the City of New York The Journal of Business Education, Vol 2, No. 6, (September 1929).
  7. ^ Saxon, Wolfgang. "Joel Edwin Segall, Economist and President of Baruch College, Dies at 80" The New York Times, October 15, 2003.
  8. ^ Siegel, Aaron. "Baruch President Ned Regan to Step Down in Fall 2005" The Ticker, February 2, 2004.
  9. ^ "Kathleen Waldron, Baruch's New President, Announces Historic Gifts of $53.5 Million".
  10. ^ "Baruch Means Business Capital Campaign".
  11. ^ "Baruch College President Resigns; Dr. Stan Altman Named Interim President" CUNY Newswire, August 18, 2009.
  12. ^ "Maxwell School Dean Mitchel B. Wallerstein Appointed President of Baruch College" CUNY Newswire, March 1, 2010.
  13. ^ The Zicklin School of Business
  14. ^ The Weissman School of Arts and Sciences
  15. ^ The School of Public Affairs
  16. ^
  17. ^
  18. ^ Research Experience for Undergraduates (REU)
  19. ^ Baruch Vertical Campus Quick Facts,
  20. ^ Vertical Campus History,
  21. ^ "Baruch College: The Newman Vertical Campus" College Brochure, Fall 2001
  22. ^ Roldan, Cynthia. "The Ticker". 17 Lexington Ave Scheduled for Renovations. Baruch Ticker. Retrieved 12 September 2012.
  23. ^ Arenson, Karen W. "Baruch College Opens a Huge 'Vertical Campus'"The New York Times, August 28, 2001.
  24. ^ [1]
  25. ^ [2]
  26. ^ "Center for Nonprofit Strategy and Management - School of Public Affairs - Baruch College".
  27. ^ "Center for the Study of Business and Government (CSBG)—Zicklin School Of Business - Baruch College - CUNY".
  28. ^ [3]
  29. ^ [4]
  30. ^ "Mission — Zicklin School Of Business - Baruch College - CUNY".
  31. ^ "Dean's News Letter - Fall 2010, Zicklin School of Business".
  32. ^ CFA Program University Partners,
  33. ^ "Baruch College and AGS Affiliation".
  34. ^ "Ticker - Ludlow is a luxury for students".
  35. ^ "Baruch College Ranked at #25 among Best Colleges in Region, According to U.S. News & World Report | EON: Enhanced Online News".
  36. ^ "Baruch College Ranked at #25 among Best Colleges in Region, According to U.S. News & World Report | EON: Enhanced Online News".
  37. ^ a b Dean of Zicklin gets down to business,
  38. ^
  39. ^ Talks about Baruch's Student Center still in progress,
  40. ^ " College Guide".
  41. ^ "Ticker - Baruch, CUNY standards continue to climb".
  42. ^ College Search - City University of New York: Baruch College - SAT®, AP®, CLEP®
  43. ^ 10 M.B.A.s With Most Financial Value at Graduation,
  44. ^ "The Princeton Review, 2009 Best Value Colleges".
  45. ^
  46. ^ Baruch by the Numbers
  47. ^ "A focus on finance and politics".
  48. ^ Simonson, Robert (2012-05-31). "Broadway Producer Edgar Freitag Is Dead at 80". Retrieved 2012-06-17.
  49. ^ Ravo, Nick. "Carlos D. Ramirez, 52, Publisher of El Diario", The New York Times, July 13, 1999. Retrieved October 9, 2009.
  50. ^
  51. ^
  52. ^ Fernandez, Manny; Santos, Fernanda (2010-06-29). "Russian Spy Suspects Were Suburbia Personified -". The New York Times.[dead link]
  53. ^ Haberman, Clyde (2008-11-02). "In Class - Lessons on an Election -". The New York Times.
  54. ^ "Sanders D. Korenman - School of Public Affairs - Baruch College".
  55. ^
  56. ^ "Douglas Muzzio - School of Public Affairs - Baruch College".

External links