New York City Banking Schools
Students in the New York City area who are interested in banking can pursue degree programs at several postsecondary institutions, including a New Jersey community college, a 4-year school and a large, private university. Read about the schools and their banking programs, and use the accompanying table to compare their tuition rates and other institutional factors. After the program descriptions, you'll also find a paragraph with other school options for aspiring bankers.
- Bergen Community College has an associate's degree program with a concentration in banking and finance. The school is located in Paramus, NJ, about 14 miles from New York City's downtown.
- New York University offers a master's degree program with a specialization in banking. Located in New York City's Greenwich Village, the university is just a little over one mile from downtown.
- Students at Touro College can pursue an associate's or a bachelor's degree program in business management and administration, each of which includes a course in money and banking. This 4-year school is just a half-mile from the center of New York City.
Comparison of Schools
The following table can tell you which school is the largest, most expensive and most selective. You'll also find information about graduation and retention rates, or how many students decide to return after their first year.
|Bergen Community College||New York University||Touro College|
|School Type||2-year; public||4-year; private, not-for-profit||4-year; private, not-for-profit|
|Total Enrollment (2017)||14,062*||51,123*||11,908*|
|Campus Setting||Large suburb||Large city||Large city|
|Tuition and Fees (2017-2018)||$4,446 in-district; $8,046 in-state; $8,338 out-of-state*||$50,464*||$18,200*|
|% of First-Year Students Receiving Any Form of Financial Aid (2016-2017)||57%*||54%*||74%*|
|Acceptance Rate (2017)||Open admissions*||28%*||74%*|
|Retention Rate (2016-2017)||66% for full-time students; 52% for part-time students*||93% for full-time students; 71% for part-time students*||82% for full-time students; 43% for part-time students*|
|Undergraduate Graduation Rate||22% (students began Fall 2014)*||84% (students began Fall 2011)*||57% (students began Fall 2011)*|
Source: *National Center for Education Statistics
Bergen Community College
Bergen Community College offers an associate's degree program in business administration with a large selection of concentrations, including banking and finance.
Associate in Applied Science in Business Administration - Banking and Finance
Students must earn at least 64 credits to obtain this degree. The curriculum for the banking and finance concentration includes courses on accounting, banking principles, asset management, international finance and business law. Required general education courses cover topics like English composition, communication, math and economics.
New York University
The Master of Business Administration (MBA) program is offered by the Leonard N. Stern School of Business and offers a variety of concentrations, including banking.
Master of Business Administration - Banking
New York University's MBA program offers students the choice of 25 specializations. Students aren't required to specialize, but they can choose as many as three specializations. The banking curriculum covers topics in private banking, global banking, investment banking, asset management, central banks and capital markets. All students in this 2-year MBA program must complete a summer internship.
The associate's and bachelor's degree programs for business management and administration are provided by Touro College's New York School of Career and Applied Studies. Each of these programs offers a finance concentration that requires students to complete a course in money and banking.
Associate in Science in Business Management and Administration
This associate's program requires students to earn between 62 and 66 credits. Students can choose a concentration in accounting, finance, management, marketing or information systems. The finance concentration curriculum includes courses on investment principles, corporate finance and finance principles in addition to money and banking. The school recommends that students take electives in marketing principles and security analysis, along with a finance internship.
Bachelor of Science in Business Management and Administration
Students in this bachelor's program must choose one of the same five concentrations found in the A.S. program. The finance concentration at this level includes the same core requirements found in the lower-level finance concentration with some additions. Courses in marketing principles, security analysis and international financial markets are required in the program. Students must complete 120 credits of study and also have the opportunity to pursue an internship.
Other School Options
Iona College in New Rochelle, NY, offers undergraduate courses in international financial markets and banking, as well as economics of money and banking. Graduate students at Hofstra University in Hempstead, NY, can take a course on investment banking. Pace University - New York offers undergraduate courses in central banking and financial markets.