Lehman College School of Business invests in its students’ futures
Lehman College School of Business
As a senior public college in the City University of New York (CUNY), Lehman College offers more than 90 undergraduate and graduate programs and specializations. In 2022, it launched the School of Business comprising three academic departments: 1) Accounting 2) Management and Business Innovation and 3) Finance, Information Systems, and Economics. Guided by its mission to build business competencies through innovative and experiential learning-based programs, the school combines hands on learning with rigorous academic instruction. Lehman continues to demonstrate its commitment to practical learning by developing innovative strategies that integrate the Bloomberg Terminal into its curriculum and drive usage of its state-of-the art Bloomberg Finance Lab.
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This partnership has really been a game-changer for us. It has become an essential tool for our institution, bringing transformative change to both the school and the students. Every business school should have a lab.
Dr. Dene Hurley, Dean of Lehman College School of Business
Situation
By prioritizing experiential learning initiatives, The Lehman College School of Business faculty is setting up their students for career success. Business degrees are in strong demand in the United States with the Bureau of Labor Statistics projecting employment in finance and business to grow by 8% through 2030. The versatility of the business degree — rigorous academic preparation combined with practical focus — presents a range of employment opportunities upon graduation assuming students are equipped to outperform the competition.
A core mission of the Lehman School of Business is to educate its students in business competencies through hands-on, practical learning.
This learning methodology enables students to apply foundational business concepts while building real world skills.
Problem
In order to prepare students to compete in the highly competitive finance industry, the school needed to offer access to real world, industry-specific experiential learning tools and professional experts. “These days, employers expect new hires to come in with the necessary skills, so it’s our job as a business school to provide students with the tools and relationships to be competitive in the job market,” explains Dr. Dene Hurley, Dean of Lehman College School of Business.
Exposing students to experiential learning tools
Giving students a competitive edge
Solution
As Dr. Hurley evaluated potential partnership options in 2015, Bloomberg for Education emerged as a frontrunner in helping the business school fulfill its experiential learning mission.
In 2016, Lehman College successfully secured funding to purchase one Bloomberg Terminal. To the faculty’s delight, the Terminal was an immediate hit, and students were soon queuing to use it. Within a year, Lehman quickly found itself ranked among the top schools by usage.
Four solutions onboarded:
- Bloomberg Finance Lab
- Certificate courses
- Global Trading Challenge
- Bloomberg Terminal®
Global support team provides insightful solutions, available 24/7
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The students have seen what a valuable tool this is and have taken the initiative. As faculty, we’re now there to be responsive to what the students want.
Dr. Dene Hurley, Dean of Lehman College School of Business
Key insights
Bloomberg for Education offers a suite of ed-tech products and services that enables educators and students to teach and learn the financial markets through exposure to the Bloomberg Terminal, a research, data and analytics tool used widely across business and finance.
The school recruited an experienced faculty member to run the lab and work directly with Bloomberg.
With its experience installing labs at other universities, Bloomberg for Education sent staff to train the Lehman team, guaranteeing they would make the most of the available resources.