Generous Gift Establishes New MBA Scholarship

(Lucy) Wei Ye found her inspiration in her mother, who pursued a physician’s qualification while struggling against overwhelming odds in rural China. Similarly, (Joe) Sz-Mong Fan credits his mother, who launched one of the few female-owned freight-forwarding companies in Taipei, for setting high expectations for him. Lucy and Joe were selected in the 2006-2007 academic year, from among an outstanding pool of full-time MBA applicants, as the inaugural Kenshin Oshima Scholars.

Kenshin Oshima, parent of Yoshihito Oshima (MBA ’04), established both the Kenshin Oshima Scholarship and Prize Program with a substantial gift to the Campaign for NYU Stern. A resident of Tokyo, Mr. Oshima is President and Representative Director of SFCG Co., LTD.

 “My encounter with the U.S. goes back to 1969 when I traveled through the United States by hitchhiking,” said Mr. Oshima. “That was the time of Woodstock, and I stayed in New York City for a few months in Greenwich Village. I was passing by the NYU campus every day and was impressed by the school. After more than 30 years, my son, Yoshihito, decided to go to Stern. So it was a natural decision for me to choose NYU to set up a scholarship.”

The Oshima Scholarship is awarded to promising incoming MBA students who demonstrate a deep and abiding interest in Asian culture. In addition, the Kenshin Oshima Prize will present a financial award to the MBA students with the highest GPA at graduation. The recipients of the scholarships and prize will receive a combined total of $150,000 each year. The Prize now represents the School’s most prestigious named academic award. 

 "We appreciate the generous support of Mr. Kenshin Oshima," says Paula Steisel Goldfarb, Director, MBA Admissions and Financial Aid. "This scholarship serves as a vital source of funding and will make it possible for the selected students to attend the Stern School."

A Gift in Honor of Dean Emeritus Abraham L. Gitlow

A member of the Stern community for more than 58 years, Abraham L. Gitlow served as Dean from 1965-1985.  A remarkable teacher, institutional leader and prolific author, he played a significant role in the school’s rapid evolution from a local school of opportunity to an internationally renowned institution. 

Mort Nyman, BS ’54, is grateful to know Dr. Gitlow: first as an inspirational teacher, and later as an influential mentor and friend. “Dr. Gitlow has left an indelible mark on the School,” says Mr. Nyman. “And of course, his role as teacher has left a similar imprint on his students.” When Mr. Nyman and his wife, Milly, decided to make a gift to the Campaign for NYU Stern, they generously chose to dedicate the Undergraduate College Dean’s Conference Room in Dr. Gitlow’s name.

The Dean’s Conference Room offers a glimpse into the School's history. Yearbooks and publications dating back to the early 1900s are on display, as well as the James Arthur clock, a timepiece that was brought to the School through the efforts of Dr. Gitlow and that has been with the School for decades. A portrait of Dr. Gitlow is also prominently displayed.

Dean Sally Blount-Lyon is delighted that the Dean’s Conference Room will bear Dean Gitlow’s name in perpetuity. “Today, we continue to benefit from Abe’s tireless work to establish the most innovative and rigorous undergraduate program available for our undergraduates interested in the study of business,” said Dean Blount-Lyon. “It is an honor to follow in his footsteps.”

William R. Berkley (l.) and Abraham Gitlow

Abraham Gitlow and Dean Sally Blount-Lyon

photos © 2006 David Wentworth ©

photos 

NYU Stern School of Business Launches $150 Million Capital Campaign

NEW YORK, NY – April 28, 2005 – NYU Stern School of Business today announced the launch of its capital campaign, the Campaign for NYU Stern. Building on a century of accelerating forward momentum, the Campaign will support a substantial expansion of student scholarships and investment in the faculty, research, programs and facilities that will enrich the NYU Stern experience while leveraging New York City as a laboratory for learning, a hallmark of the Business School.

The Campaign celebrated its kick-off at Stern’s annual Haskins Dinner, which honored former New York City Mayor, Rudolph W. Giuliani, a New York City icon who embodies the spirit and entrepreneurship of the city he led for eight years. As of today’s public launch of the Campaign, NYU Stern has raised more than half of the $150 million goal in cash and pledges. The Campaign is scheduled to end in 2008.  Stern’s Campaign launch follows that of New York University’s fundraising campaign, which was announced in September 2004.

For full story, click here:

The Nasdaq Stock Market Educational Foundation, Inc. Donates Grant to NYU Stern’s Derivative Research Program

New York, NY - August 15, 2005 – The NASDAQ Stock Market Educational Foundation, Inc. has awarded a three-year grant totaling $300,000 to the Derivatives Research Program, a leading program dedicated exclusively to the study of derivatives and risk management, at New York University’s Stern School of Business.  The NASDAQ Foundation will support the program, now renamed The NASDAQ Derivatives Research Program in recognition of the grant, to more firmly establish it at the forefront of derivatives inquiry.

For full story, click here:

NYU Stern Alumni and Faculty Receive Grants to Support Social Entrepreneurship

NEW YORK, NY – October 11, 2004 – New York University Stern School of Business’ Stewart Satter Social Entrepreneurship Fund announced today the first set of five grants that total $250,000 in funding. This year’s grant recipients were chosen based on their potential for social impact, sustainable venture plans and relevant expertise of the management team. The inaugural request for proposals generated 25 applicants from throughout the Stern community. The projects awarded span a broad range, from new social ventures in healthcare and the philanthropic sector, to research on practicing social entrepreneurs, to an educational forum on social venture financing.

For full story, click here:

Toyota Gift Establishes Professorship of Operations Management and Information Systems at NYU Stern

NEW YORK, NY – November 18, 2004 – NYU Stern today announced that Toyota Motor Corporation has given a $1 million gift to the School to establish the Toyota Professorship of Operations Management and Information Systems. In conjunction with this gift, NYU Stern also announced that Associate Professor of Operations Management, Sridhar Seshadri, has been named the first Toyota Professor.

For full story, click here:

NYU Stern Launches First Business School Venture Philanthropy Fund to Support Social Entrepreneurship

NEW YORK, NY – April 13, 2004 – Today, New York University Stern School of Business announced the launch of The Stewart Satter Program in Social Entrepreneurship. While several business schools, including NYU Stern, currently offer courses in social entrepreneurship, Stern’s program is the first to initiate a philanthropy fund, The Stewart Satter Social Entrepreneurship Fund, to support educational initiatives and foster social venture creation within the School’s community. The new Satter Program, designed to promote social entrepreneurship at Stern, was made possible as a result of the generous support of NYU Stern alumnus Stewart Satter, MBA ’82 and CEO of Consumer Testing Laboratories, Inc., who has donated $300,000 in seed money for the launch. NYU Stern’s Berkley Center for Entrepreneurial Studies will manage The Satter Program.

For full story, click here: