Page 7 - NYLS Magazine • 2015 • Vol. 34, No. 1

fEATURES 5
nyls and the
university of rochester’s simon business school Join Forces
Left to right: Andrew Ainslie, Dean of the University of Rochester’s Simon Business School; NYLS Dean Anthony W. Crowell; and Joel Seligman, President of the University of Rochester, celebrate the unique co-location agreement.
Facing a structurally changed marketplace, law
schools must meet new challenges head-on and
seize transformative opportunities. Never before
has there been a stronger need for law students to learn
the fundamentals of business and finance. Likewise, in an increasingly litigious and regulatory environment, business students, now more than ever, need to know the basics of our legal system.
In a bold move, Dean Anthony W. Crowell and Joel Seligman, President of the University of Rochester, announced in April a unique co-location agreement under which the New York City location of the University of Rochester’s Simon Business School will move from midtown Manhattan to New York Law School’s campus in Tribeca. By uniting institutions dedicated to business and legal education under one roof, NYLS is breaking the mold: this will be the only co-located law school and business school in New York City.
Carole Post, Executive Vice President and Chief Strategy
and Operations Officer at NYLS, spearheaded the effort to develop an innovative partnership to optimize resources and capitalize on the different schedules and programs of the
two institutions. The Simon Business School offers three part-time graduate programs in New York City designed for working professionals—there is an M.S. program in finance, management, and health care management. Simon students attend classes primarily on weekends, while students of NYLS, which offers full- and part-time law degree programs and a two-year J.D. honors program, attend primarily during the week with some weekend options. The business school, which had
been located in a commercial office building, will move its New York City administrative offices and academic course offerings to the NYLS facility starting in fall 2015.
In addition, NYLS is now working with the Simon Business School to develop and plan opportunities for NYLS students
to receive business education as part of their legal studies, as well as to offer corresponding legal coursework to the business school students. The relationship between the two schools
is an evolving one. Teams of faculty members are meeting to develop programs for students and alumni of both institutions.
Universities across the country are increasingly looking for
a New York City presence precisely because of the diverse opportunities and cultural advantages the City affords. NYLS is at the forefront of that trend.
“Lower Manhattan is the epicenter both for business and law in the global economy,” said Dean Crowell. “New York Law School’s Strategic Plan emphasized a priority of the school
to develop strategic alliances that could provide students unprecedented opportunities in business or financial services. The co-location of NYLS and the Simon Business School’s NYC Center creates a unique opportunity to harness the synergies that exist between the two institutions, especially given NYLS’s prime location, with direct access to Wall Street, the City’s government offices, and its tech corridor. We look forward to welcoming the business school faculty, staff, and students
to our campus and building a culture of community between our schools, while maintaining each individual institution’s identity.”
“We are delighted to be moving our New York City specialized master’s courses to the New York Law School campus,” said President Seligman. “NYLS has a proud 125-year history of legal education and offers premier facilities and a central location for our students and alumni in the Tri-state area.”
“This is a tremendous new home for Simon’s New York City graduate business educational options with exciting potential to expand our reach,” said Simon Business School Dean Andrew Ainslie. “NYLS and the University of Rochester have in common a deep heritage with a combined 280 years of serving our respective communities. This is the start of a great relationship. It has the potential to grow deeper by exploring joint educational opportunities moving forward.”
Founded in 1850, the University of Rochester is one of the nation’s leading private universities. The Simon Business School is currently ranked among the leading graduate business schools in the world in rankings published by the popular press, including Bloomberg Businessweek, U.S. News & World Report, and the Financial Times of London. The Simon School offers a full range of part-time and full-time business degree programs at its main campus in Rochester, New York. It has been offering graduate-level courses leading to master’s degrees in its New York City extension center since 2011. •