Baruch College

From Wikipedia, the free encyclopedia
Jump to navigation Jump to search

Baruch College
CUNY Baruch College Seal.png
Seal of Baruch College
1968 as an independent college
Endowment$220.08 million[1]
PresidentS. David Wu
ProvostJames McCarthy (interim)
Academic staff
Administrative staff
United States

40°44′25″N 73°59′00″W / 40.740159°N 73.98338°W / 40.740159; -73.98338Coordinates: 40°44′25″N 73°59′00″W / 40.740159°N 73.98338°W / 40.740159; -73.98338
ColorsBlue   and White  
AthleticsDivision III
AffiliationsCity University of New York
Baruch logo.svg

Baruch College (officially the Bernard M. Baruch College) is a public college in Manhattan, New York. 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, masters, and Ph.D. programs through its Zicklin School of Business,[3] the Weissman School of Arts and Sciences, and the Marxe School of Public and International Affairs. The college has a 70% graduation rate within six years and a 29% acceptance rate for undergraduates.[4]


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).[5]
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.[6]
151 East 25th Street

Baruch is one of CUNY's senior colleges. It traces its roots back to the 1847 founding of the Free Academy,[7] 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.[8] 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.[9]

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, after 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.[10] 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.[11] 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, the Vertical Campus, 23rd Street building, and Performing Arts complex, (renamed in honor of the three largest donors), respectively.[12] Alumni giving has increased under "Baruch Means Business," a $150 million capital campaign.[13] 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.[14]

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.[15]

Baruch was the scene of student protests in 2011 as a result of tuition hikes.[16] This resulted in arrests.[16]

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[edit]

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 2010–2020
12. S. David Wu 2020–present


The 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.

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.[17]

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.[18]

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 and a Masters of Science in Education (MSEd) in Higher Education Administration.[19]

The college also houses several doctoral (Ph.D.) 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.[20][21] As of June 2013, the CUNY Ph.D. in Business degree is offered jointly by the Graduate Center and Baruch College.[22]


Newman Vertical Campus

Lawrence and Eris Field Building[edit]

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.[23] The building is home to the Marxe School of Public and International Affairs and several administrative offices.

Information and Technology / Library Building[edit]

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. It was originally a trolley barn used to store and service New York City streetcars.

Newman Vertical Campus[edit]

After decades of renting space for classrooms, the college began construction of what would later be called the Newman Vertical Campus in 1998. Named after businessman William Newman and inaugurated on August 27, 2001, the building is a 786,000-square-foot (73,000 m2), 17-floor building, which cost $327 million to erect.[25][26] 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).[25] 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 Newman Vertical Campus was honored in 2003 by the American Institute of Architects with the highest award it offers to an individual building.[28] 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.

Campus location[edit]

The College is located between East 22nd and 25th Streets in Manhattan, along Lexington Avenue. The campus is served by the following transportation:

Academic centers and institutes[edit]

  • Baruch College Survey Research[31]
  • CCI – Corporate Communication International[32]
  • CUNY Institute for Demographic Research[33]
  • Center for Educational Leadership[34]
  • Center on Equality, Pluralism and Policy[35]
  • Lawrence N. Field Center for Entrepreneurship[36]
  • Jewish Studies Center[37]
  • Steven L. Newman Real Estate Institute[38]
  • New York Census Research Data Center[39]
  • Center for Nonprofit Strategy and Management[40]
  • Center for the Study of Business and Government (CSBG)[41]
  • 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.[42]
  • 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.[43]
  • 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.[44]
  • Center for Teaching and Learning[45]
  • Computer Center for Visually Impaired People[46]
  • Weissman Center for International Business[47]
  • Robert Zicklin Center for Corporate Integrity[48]


Student life[edit]

WBMB Baruch College Radio currently provides around the clock radio broadcasts via their website stream and local FM frequency 94.3.[52] The Ticker[53] 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 ISACA Cybersecurity Club, ALPFA (The Association of Latino Professionals in Finance & Accounting), AIESEC, Toastmasters, Roller Hockey Club,[54] Alpha Kappa Psi, American Humanics, Muslim Student Association, Bangladesh Student Association, United Chinese Language Association, InterVarsity Christian Fellowship, and Golden Key.[55]


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.


Baruch's undergraduate admissions are considered to be "Very Selective" by College Board.[56] 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 extracurricular activities, in addition to standardized test scores and GPA.


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.[57]
  • Washington Monthly ranked Baruch #1 in the Northeast in 2015 in providing "Best Bang for the Buck."[58]
  • CNBC Says Baruch College is #2 Best Public Institution Nationwide for Return on Investment in 2020.[59]
  • Entrepreneur magazine and Princeton Review ranked Baruch #5 in 2018 among colleges for its undergraduate entrepreneurship program,[60] and #10 for the graduate school.[61]
  • Forbes ranked Baruch #9 in the country among "Best Value Schools" for 2019.[62] The magazine also ranked Baruch #55 nationally among "Best Business Schools."[63]
  • In 2015, Business Insider recognized Baruch as #19 in its ranking of the 25 business schools that offer the best value.[64]
  • U.S. News & World Report ranked Baruch 20th in 2017 among Regional Universities in the North.[65] 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.[66][67]
  • U.S. News & World Report, in its 2020 ranking of "Best Business Schools," listed Zicklin as #52 nationally.[68]

Notable people[edit]


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



  1. ^ "Annual report" (PDF). 2017. Retrieved May 13, 2019.
  2. ^ Office of Institutional Research. "Common Data Set 2015-2016, Enrollment and Persistence" (PDF). Baruch College, Office of Institutional Research. Retrieved October 29, 2017.
  3. ^ "Baruch College History".
  4. ^ "CUNY Bernard M. Baruch College | Money Magazine". Retrieved July 8, 2020.
  5. ^ "Children's Court" at Gramercy Neighborhood Associates
  6. ^ "Domestic Relations Court" at Gramercy Neighborhood Associates
  7. ^ Roff, Sandra, et al, "From the Free Academy to CUNY: Illustrating Public Higher Education in New York City, 1847–1997", Page 6.
  8. ^ "CUNY – Baruch College".
  9. ^ The New Commerce Building of the College of the City of New York Archived February 23, 2010, at the Wayback Machine The Journal of Business Education, Vol 2, No. 6, (September 1929).
  10. ^ Saxon, Wolfgang. "Joel Edwin Segall, Economist and President of Baruch College, Dies at 80" The New York Times, October 15, 2003.
  11. ^ Siegel, Aaron. "Baruch President Ned Regan to Step Down in Fall 2005" The Ticker, February 2, 2004.
  12. ^ "Kathleen Waldron, Baruch's New President, Announces Historic Gifts of $53.5 Million".
  13. ^ "Baruch Means Business Capital Campaign".
  14. ^ "Baruch College President Resigns; Dr. Stan Altman Named Interim President" CUNY Newswire, August 18, 2009.
  15. ^ "Maxwell School Dean Mitchel B. Wallerstein Appointed President of Baruch College" Archived May 3, 2016, at the Wayback Machine CUNY Newswire, March 1, 2010.
  16. ^ a b Speri, Alice; Phillips, Anna M. (November 21, 2011). "CUNY Students Clash With Police in Manhattan". The New York Times.
  17. ^ "The Zicklin School of Business". Retrieved April 29, 2014.
  18. ^ "The Weissman School of Arts and Sciences". April 24, 2014. Retrieved April 29, 2014.
  19. ^ "The School of Public Affairs". Retrieved April 29, 2014.
  20. ^ "Areas of Study — Zicklin School of Business". Retrieved April 29, 2014.
  21. ^ "Psychology_PhD". March 10, 2008. Archived from the original on December 23, 2017. Retrieved April 29, 2014.
  22. ^ "Baruch College's Zicklin School of Business to Offer Joint Ph.D. Degree". June 25, 2013. Retrieved July 13, 2014.
  23. ^ Roldan, Cynthia. "The Ticker". 17 Lexington Ave Scheduled for Renovations. Baruch Ticker. Retrieved September 12, 2012.
  24. ^ "Baruch College /The New Campus Library and Technology Center". Archived from the original on June 18, 2010. Retrieved April 29, 2014.
  25. ^ a b Arenson, Karen W. "Baruch College Opens a Huge 'Vertical Campus'" The New York Times, August 28, 2001.
  26. ^ Baruch Vertical Campus Quick Facts, archived from the original on March 16, 2012, retrieved March 31, 2011
  27. ^ "Baruch College: The Newman Vertical Campus" Archived June 16, 2010, at the Wayback Machine College Brochure, Fall 2001
  28. ^ "Vertical Campus History".
  29. ^ "Subway Map" (PDF). Metropolitan Transportation Authority. October 21, 2019. Retrieved January 18, 2018.
  30. ^ "Manhattan Bus Map" (PDF). Metropolitan Transportation Authority. December 2017. Retrieved April 24, 2018.
  31. ^ "Baruch College Survey Research".
  32. ^ "CCI - Corporate Communication International".
  33. ^ "CUNY Institute for Demographic Research".
  34. ^ "Center for Educational Leadership – School of Public Affairs – Baruch College".
  35. ^ "Center on Equality, Pluralism and Policy – School of Public Affairs – Baruch College". Archived from the original on June 14, 2016. Retrieved November 12, 2015.
  36. ^ "The Lawrence N. Field Center for Entrepreneurship". Retrieved April 29, 2014.
  37. ^ "Jewish Studies Center".
  38. ^ "Steven L. Newman Real Estate Institute".
  39. ^ "New York Census Research Data Center".
  40. ^ "Center for Nonprofit Strategy and Management – School of Public Affairs – Baruch College".
  41. ^ "Center for the Study of Business and Government (CSBG)—Zicklin School Of Business – Baruch College – CUNY". Archived from the original on April 2, 2011. Retrieved March 13, 2011.
  42. ^ "About the Schwartz Institute". Bernard L. Schwartz Communication Institute. August 13, 2013. Archived from the original on March 14, 2012. Retrieved April 29, 2014.
  43. ^ "STARR Career Development Center".
  44. ^ "Subotnick Financial Center".
  45. ^ "Center for Teaching and Learning".
  46. ^ "Computer Center for Visually Impaired People".
  47. ^ "Centers & Institutes – Subject Matter Experts – Press Room – Baruch College". Retrieved April 29, 2014.
  48. ^ "Robert Zicklin Center for Corporate Integrity".
  49. ^ "Dean's News Letter – Fall 2010, Zicklin School of Business".
  50. ^ "Zicklin School of Business Joint JD/MBA". Retrieved August 12, 2016.
  51. ^ "Baruch College and AGS Affiliation".
  52. ^ "WBMB 94.3 FM – Baruch College Radio". Retrieved February 16, 2017.
  53. ^ Dean of Zicklin gets down to business
  54. ^ "Student Clubs & Organizations - Baruch Student Affairs".
  55. ^ "Student Clubs & Organizations - Baruch Student Affairs". Archived from the original on April 22, 2018. Retrieved February 12, 2018.
  56. ^ "City University of New York: Baruch College - the College Board".
  57. ^ CollegeNET. "Social Mobility Index by CollegeNET". Retrieved February 12, 2018.
  58. ^ "Washington Monthly | Page not found". Washington Monthly. Archived from the original on January 31, 2016. Retrieved February 12, 2018. Cite uses generic title (help)
  59. ^ Hess, Abigail (July 28, 2020). "The top 50 U.S. colleges that pay off the most in 2020". CNBC. Retrieved September 18, 2020.
  60. ^ Staff, The Princeton Review (November 10, 2015). "The Best Undergrad Programs for Entrepreneurship 2016". Entrepreneur. Retrieved February 12, 2018.
  61. ^ Staff, The Princeton Review (November 10, 2015). "The Best Graduate Programs for Entrepreneurs 2016". Entrepreneur. Retrieved February 12, 2018.
  62. ^ "America's Best Value Colleges 2019".
  63. ^ "The Best Business Schools". Forbes. Retrieved February 12, 2018.
  64. ^ "The 25 business schools that offer the best value". Business Insider. Retrieved February 12, 2018.
  65. ^ "Rankings". Retrieved May 13, 2019.
  66. ^ "Rankings". Retrieved May 13, 2019.
  67. ^ "Baruch College Ranks Among the Best in U.S. News & World Report's Graduate School Rankings". Retrieved February 12, 2018.
  68. ^ "Rankings". Retrieved May 13, 2019.
  69. ^ "A focus on finance and politics". Archived from the original on July 24, 2012. Retrieved April 13, 2011.
  70. ^ Simonson, Robert (May 31, 2012). "Broadway Producer Edgar Freitag Is Dead at 80". Retrieved June 17, 2012.
  71. ^ Mcshane, Larry (May 9, 2014). "Daniel Nigro Takes FDNY Helm as Commissioner 12 Years After Resigning from Department". NYDailyNews.
  72. ^ Ravo, Nick (July 13, 1999). "Carlos D. Ramirez, 52, Publisher of El Diario". The New York Times. Retrieved October 9, 2009.
  73. ^ Thomas, Zoe; Swift, Tim (August 4, 2017). "'The most hated man in America'?". BBC News.
  74. ^ Haberman, Clyde (November 2, 2008). "In Class – Lessons on an Election". The New York Times.
  75. ^ Marine Biologist: David Gruber | Best Job Ever, retrieved October 28, 2019
  76. ^ Society, National Geographic. "Learn more about David F. Gruber". Retrieved October 28, 2019.
  77. ^ "David Gruber - The Department of Natural Sciences - Weissman School of Arts and Sciences - Baruch College". Retrieved October 28, 2019.
  78. ^ Jill Colvin, Ross Barkan and Colin Campbell (March 26, 2014). "Mayoral Candidates: Where Are They Now?". New York Observer.

External links[edit]