Marjorie Deane Foundation Supports Professorship, Fellowships, and a Week of Study in London for BER Students
NYU has named Professor Stephen D. Solomon, director of the program in Business and Economic Reporting, as the Marjorie Dean Professor of Financial Journalism. The professorship is made possible by generous contribution by the Marjorie Deane Financial Journalism Foundation. NYU's announcement is here.
The Foundation's support makes possible the following new benefits for students of the program:
* Marjorie Deane Fellowships: The program will award fellowships to several excellent students accepted into the BER program for Fall 2014. Each fellowship will provide tuition, registration fees, and a stipend for one semester (or possibly more) of study. The admissions committee will notify an applicant of his or her selection at the time of acceptance into the BER program.
* Study in London for a Week: Beginning in May 2014, The BER program will take its students each year to City University London for a week to study the financial systems of the United Kingdom and the European Union. The London program will deepen each student's understanding of international aspects of business and finance. The program will provide partial subsidies of travel expenses. The educational seminars themselves are provided without charge.
Visiting Scholars in the BER Program
The program welcomes two visiting scholars who, in addition to our regular faculty, will provide assistance to students: Leigh Gallagher, assistant managing editor of Fortune magazine; and Bethany McLean, a contributing editor at Vanity Fair and co-author of Smartest Guys in the Room: The Amazing Rise and Scandalous Fall of Enron, and All the Devils are Here: The Hidden History of the Financial Crisis. See list below of full-time faculty and adjunct facutly who teach in the BER program.
Cover the World's Most Interesting Stories
Go into business journalism and write stories the whole world will read. And they will extend far beyond Wall Street coverage and daily business reporting.
- Interested in the nation's ongoing economic problems? Cover them while a student in the BER program. Our students write and produce for The Local East Village, the joint New York Times and Carter Institute news website. Also, see our own student publication, The Recovery Times.
- That iPod or iPhone in your pocket? Obvious business story.
- Interested in new media and Hollywood? You'll find endless stories to pursue in the entertainment industry, from the impact of digital technology on the movie business to the battle between copyright holders and video portals like YouTube.
- Fascinated by the personalities of the people in power? Why not profile Rupert Murdoch or Bill Gates — or be the first to report on a rising fashion guru or a Silicon Valley whiz kid who thinks she's got the next MySpace.
- Concerned about global warming and environmental issues? Take an assignment on hybrid cars, visit companies that are going green, and analyze the struggle between business and government as they battle over grizzly bears, salmon runs and oil drilling in pristine nature preserves.
- Like to travel? Business news organizations send their writers on reporting trips all over the U.S. and abroad. Maybe you'll report in China for a week, as one of our alums did a year out of school (he couldn't speak the language, but that didn't stop him from writing a cover story on his trip for Forbes magazine).
To be a great reporter, no matter what you end up covering, you have to be able to follow the money. And that's what you will learn to do in the Business and Economic Reporting (BER) program at New York University.
Great Jobs Right out of School
Virtually all BER students have secured staff jobs at national business news organizations within a few months of graduating. Many of them started the program without any journalism experience. Starting salaries have ranged from the low $40's to the mid-$70's, compared to the $28,000* average starting pay for journalism graduates nationwide going into newspaper jobs. Where do our students get jobs? The Wall Street Journal, Dow Jones Newswires, Reuters, Bloomberg News, Forbes, Inc., TheStreet.com, Money, CNBC, and numerous others. Many of them secured foreign postings in places such as Beijing, Pakistan, Afghanistan, Nepal, Vietnam, India, Singapore, Russia, and Canada.
Your Competitive Advantage
What do you have to offer when you graduate? What's your competitive advantage when your resume hits the desk of a key editor? Thousands of journalism students are trained in general assignment reporting and there usually isn't much to distinguish among them. In BER, however, students benefit from a unique interdisciplinary curriculum of both journalism courses and MBA courses at NYU's prestigious Leonard N. Stern School of Business. The result: an education that sets you apart from your peers because you will have intellectual depth in a subject matter that is critical to news coverage today, whether on page one or the business section.
Mentoring Relationships in a Small Program
In BER, students don't get lost among hundreds of others as happens at other schools. Instead, we have a 5:1 student-to-faculty ratio, with BER enrolling just twelve to fifteen students each fall. A faculty of two full-time professors and an internship director/career counselor work with the students throughout their sixteen months at NYU, resulting in close mentoring relationships. The BER program also has two visiting scholars who will help mentor students: Leigh Gallagher, assistant managing editor of Fortune magazine; and Bethany McLean, a contributing editor at Vanity Fair and co-author of Smartest Guys in the Room: The Amazing Rise and Scandalous Fall of Enron, and All the Devils are Here: The Hidden History of the Financial Crisis.
Other Reasons to Study in BER
- Curriculum: An innovative curriculum of seven journalism courses and six MBA courses provides students with both skills and intellectual depth.
- Internships: Students take a full-time job at a major news organization for ten weeks over the summer (not for one or two days a week during a regular semester, as at other schools). Many BER students have received job offers from their internship.
- Bylines: Students develop an extensive portfolio while in BER, pick up multimedia skills in web video and audio podcast, learn to blog and post their own stories on the BER webzine.
- Networking in New York City: Why not study in the business and financial capital of the country, where a quick subway ride leads you to reporting assignments as well as to job interviews and great internships at the top news organizations in the world? And BER has a regular speakers program that enables students to network with the top journalists in the field, including editors and reporters from The Wall Street Journal, Forbes, Wired, Vanity Fair, Marketwatch, Reuters, TheStreet.com, and many others.
How to Apply
BER considers applications filed after NYU's January 4 deadline if there is room in the class. Please contact Professor Stephen D. Solomon (BER director) at firstname.lastname@example.org or 212-998-7995, or Professor Adam L. Penenberg (assistant BER director) at email@example.com or 212-998-7990.
The online application is available from the Graduate School of Arts and Science (GSAS) admissions website.
Come visit us at our new state-of-the-art facility at 20 Cooper Square.
*Cox Center survey, Grady College, 2005
Business and Economic Reporting Bylines
Stephen D. Solomon
Business and Economic Reporting, Director
Adam L. Penenberg
B.A., Economics, Reed College
Leslie Wayne is a former business reporter for The New York Times. In her more than twenty years at The Times, she produced over 1500 bylines on a broad range of topics, including Wall Street, the economy and financial scandals.
Investigative Reporter, The New York Times B.A., Political Science, Hartwick College
Leigh Gallagher is an Assistant Managing Editor at Fortune magazine, where she edits feature stories on a variety of subjects and has responsibility for Fortune editorial franchises including the “Best Companies to Work For,” the “40 Under 40” ranking of...
Bethany McLean graduated from Williams College in 1992 with a double major in math and English. She spent the next three years working as an investment banking analyst at Goldman Sachs.