New York's Natives, the Iroquoian and Algonquian were first displaced by the French in 1524, then in 1609 by the Dutch. After the settlements in 1624 along the Hudson River, the Dutch with the support of the Mercantile Emprise began purchasing land from the natives. The Island of Manhattan was one of the first prized possessions. At the southern tip of the island, Fort Amsterdam was constructed with the ownership switching hand eight times in fiercely fought battles among the Dutch, the English, and the Americans. The Citadel was finally torn down in 1790 with the American Revolution. The 1625 construction of Fort Amsterdam is officially recognized as the birth of New York City. With the last of the British troop leaving the city in 1783, George Washington led government chose New York City as the capital of United States, and it remained so until 1790.
New York is #1 in Investment Management, Banking, Insurance, and #2 in Government & Regulatory oversight, and quality of professional services. The heart of New York’s prowess is the New York Stock Exchange. Twenty-Four stockbrokers in 1792, reached an agreement that they would not purchase public stocks from anyone other than themselves for 0.25% commission. The May 17th agreement under the buttonwood tree was eulogized as the Buttonwood Agreement, and the organization they created was the New York Stock and Exchange Board. Initially, the board traded war bonds and the First Bank of United States stock. 3% of the $20.6 billion (adjusted for current value) revolutionary war was sponsored through bonds although New Yorkers and wealthy traders were loyalists who were against the idea of disrupting the status quo despite the idea of a free United States.
The bubble and burst in New York Stock Exchange became frequent in the 20th century and most recently in 2008 with the sub-prime crisis that nearly collapsed the world economy. Bankers were looked down upon, and the demand for newly minted MBAs specializing in Finance went down till 2014, but the innovation in Finance with Bitcoin and the return in demand for investment products and Hedge Funds brought a revival of talent to Finance. 2016 was the year of Finance for Business Schools. Recruiters swarmed to New York’s Columbia Business School and NYU Stern School of Business, capturing the minds of the some of the best MBA graduates.
Top MBA in New York
1) Columbia Business School
Columbia Full-time MBA program is offered as a 20-Month (August start) or a 16-month (January start) program with a combination of case-based learning methodology, collaborative learning framework, and lectures from renowned professors and practitioners. The program imparts the skills to lead in a complex fast-changing business environment and create opportunities even in adverse conditions.
2) NYU Stern School of Business
NYU Stern Full-time MBA is a 2-year course designed to leverage the academic excellence of Stern and collaborative learning experience in the campus while offering the networking opportunities with some of the best minds in New York. With thriving in complex Businesses as the central theme, the Full-time MBA program develops the skills to manage change - competition, technology, and skills, negotiate with multiple stakeholders and influence the team through persuasive communication.
3) Johnson Graduate School of Business (Cornell University)
Cornell 2-year MBA is designed to quickly build the foundational skills in the first semester and push students into the center of a real Business through site visits, live cases, and projects, while simultaneously building the skills for the projects through electives. Performance learning at the MBA program works on iterative skill development through concentrated application of knowledge in a specific industry and job function.
|Rank in 2017||Full-time MBA Programs||Total Median/Mean Salary (Base + Bonus)||Total Cost|
|1||Columbia Business School||$150,000||$237,424|
|2||NYU Stern School of Business||$144,199||$214,936|
|3||Johnson Graduate School of Business (Cornell University)||$152,132||$174,888|
2020 MBA Research Guide - Choose your MBA
F1GMAT's Comprehensive MBA Research Guide will teach you how to select MBA programs through a bottom-up approach.
Articulating your Post-MBA Goals and Career Path is the FIRST step. Which program will give you that hike in Salary, Switch in Career, Change in Location or Job Satisfaction?
We cover them all through our extensive analysis.
+ How to Choose the Best MBA Program: Factors to Consider
Define Post-MBA Goals
Pick your Path: Generalize or Specialize
Use Moral Algebra Method
Use Multi-Attribute Utility Theory
Understand the Top 5 Risks
Measure MBA Career Service Team's Effectiveness
Use Bookending to Calculate MBA Admission Chance
Use Net Present Value to Calculate MBA Return on Investment
Don't Fall for the Mere Exposure Effect
Best Practices to find the truth in MBA Information Session or MBA Tour
Comprehensive MBA Research Guide: Includes Top MBA Programs by 19 Specializations:
+ General Management
+ Operations Management
+ Supply Chain Management
+ Luxury Management
+ Information Systems
+ Hospitality Management
+ Leadership Development
+ Military &
+ Top MBA Program Ranking
Top 20 MBA Programs - Tuition Fee
Top 31 MBA Programs in United States – Total Cost & Salary
Top 60 MBA – GMAT and GPA (Average & Median)
Top 20 European MBA Programs - Tuition Fee, Total Cost & Salary
Top 20 European MBA Programs (Based on Actual Salary Increase)
Top 20 European MBA Programs (Short-term return on investment)
Top 20 Affordable European MBA Programs
Top 10 MBA in UK – Salary & Fee
Top MBA Destinations Based on Happiness Index
Top MBA Destinations based on Innovation Index
Top 10 MBA Job Markets based on Cost of living and Purchasing Power
Top MBA Destination: By Economy
+Comparisons - Top MBA Programs
Wharton vs. Columbia MBA
MIT vs. Stanford MBA
Haas vs. Ross MBA
Kellogg vs Ross MBA
Booth vs Wharton MBA
MIT Sloan vs Tuck MBA
IMD vs. INSEAD MBA
IIMA vs. ISB
+ MBA in France (2018)
Top Industries in France
Top MBA Programs in France
+ MBA in the UK (2018)
Top Industries in the UK
Top MBA Programs in the UK
Scholarships in the UK
- IoT and IIOT
- Management Consulting
- Post-MBA industries (German Top Schools)