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A BusinessBecause article highlighted how NYU Stern was fighting anti-Asian hate, with the school urging students to report acts of racism and bias to the NYU Bias Response Line and the Stern Asian Business Society inviting the Stern community to a virtual gathering to discuss the Atlanta hate crimes in March 2021.
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Aiming to promote DEI, Stern founded the College and Career Lab initiative, which is a free, intensive summer program designed to empower middle- and high-school students from the NYC area to prepare for postsecondary education and career success.
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Hoping to create diverse pathways in academia, the NYU Stern's Diverse Pathways in Academia (DPA) invites non-business doctoral candidates in their penultimate year or the year prior to participate in a program exploring academic careers in a business school setting.
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NYU's Provost's Office created the Postdoctoral Fellows program, which aims to attract and support top-notch scholars from diverse backgrounds who are on track to join the faculties of the world's leading universities. Stern is a participant in this program. Postdoctoral fellows spend two years at Stern, during which they are mentored by and work with some of its leading faculty.
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Stern's Fred Renwick Visiting Faculty Fellows Program annually welcomes four visiting faculty fellows who have a commitment to focus on "uplifting voices, values, and perspectives of Black/African-American and other underrepresented or indigenous groups in [the Stern] community to promote inclusivity, equity, and belonging."
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In January 2021, Stern's Center for Sustainable Business published a research report titled "U.S. Corporate Boards Suffer From Inadequate Expertise in Financially Material ESG Matters." The report's introduction states the following: "Climate change, water scarcity, pollution, #metoo, #blacklivesmatter, worker welfare, employee diversity, bribery, human rights abuses, supply chain scandals…not to mention COVID-19…These are just a few of the environmental, social, and governance issues (ESG) that are creating material risks and opportunities for corporations and investors, yet many boards have little related oversight or expertise." The report goes on to state, "...across all ESG topics, the topical and urgent issue of workplace diversity had the largest number of directors with relevant credentials (5.0%). Mainly these directors were involved with boards or initiatives that focused on increasing minority leadership...." The report also noted how corporations responded to the mass-racial protests of 2020 and stated the following: "stakeholders are calling for change in how the business does its business, rather than just charitable giving. In response, some companies took actions to enhance diversity, equity and inclusion (DEI) efforts with an emphasis on underrepresented groups."
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The Leadership Accelerator program at Stern includes a course titled "Inclusive Leadership."
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Stern's Full-Time MBA Course Index includes a course titled "Leading Inclusive Teams" which is a "leadership development course for managers who are faced with the challenge of managing, leading, motivating, and maximizing the output of work teams that have a diversity of social identities...." Students "will develop a plan to grow their intercultural capacity as well as the capacity of their work teams."
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Stern's Full-Time MBA Course Index includes a course titled "Inclusive Conversations" which is described as follows: "Research shows that being on inclusive teams makes people more creative, more diligent, and harder-working, and that more diverse leadership teams outperform their less diverse peers in financial returns....This course aims to develop mindful, inclusive communication skills to nurture belonging and increase success for all. With this course, you will gain a foundational knowledge of inclusive language, build awareness of your identities and their relationship to inclusion, and practice increasing inclusion and cross-difference understanding."
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Stern's Full-Time MBA Course Index includes a course titled "Real Estate Primary Markets" which poses the following questions as part of its description: "What is the purpose of business in society? Is there a role for markets and business in issues of civic good, justice, equality, education, environment, health or collective action?" The purpose of this course is to "provide students with the essential conceptual frameworks and tools for creating successful social entrepreneurial ventures, initiatives, programs or partnerships that seek to tackle global poverty and collective action problems."
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On July 27, 2023, the school held an event titled “'The Aftermath'—The Work Ahead: Conversations on Civil Rights and Affirmative Action," in which the description states, "[i]n the aftermath of the US Supreme Court’s significant ruling on admissions practices at Harvard University and the University of North Carolina, we must now critically examine the implications of this ruling for universities and beyond."
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In March 2023, Stern's Center for Sustainable Business published its "Practitioners' Guide to Embedding Sustainability" report which dedicates several chapters to diversity, equity, and inclusion. For example. the report states the following: "According to BCG [Boston Consulting Group], 76% of employees are looking for a diverse workforce environment. Studies by McKinsey & Company and others demonstrate that a diverse workforce improves productivity and performance. Diversity should be sought at all levels in the company and should reflect the broader population."
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The Office of Student Engagement at Stern "strives to foster a community culture that empowers students with diverse backgrounds, perspectives, and experiences, and creates space for students to learn from each other while building inclusive networks and relationships."