NYU Opening New Campus in Shanghai

Posted by: Louis Lavelle on March 28, 2011

New York University announced yesterday that it’s planning to open a new campus in Shanghai in 2013, NYU’s second international campus and the first in China with independent legal status.

The new campus will attract as many as 3,000 undergraduate, graduate, and professional students from around the world, and that up to half the students will be drawn from China itself, NYU said March 27. Classes will be conducted in English.

Admissions will be highly selective and the curriculum will provide a comprehensive liberal arts education, featuring small student-faculty ratios, research projects, and classroom debates. Students will be able to spend as many as three semesters studying in New York or one of NYU’s sites around the world. Among the programs to be offered in Shanghai are economics and social sciences, mathematics, biological sciences, philosophy, art history, cinematic and performing arts, and professional studies including business and law.

Funding for NYU Shanghai will come from government support, tuition, and charitable contributions. NYU’s Chinese partners include the Shanghai Municipal Education Commission and East China Normal University, which will provide guidance on educational issues within China. Even so, the independent legal status that NYU has as part of the deal means NYU has the discretion to determine “all academic matters,” including curriculum, faculty, and the selection of students. Academic developments for NYU Shanghai will be overseen by Richard Foley, NYU’s vice chancellor for strategic planning, who will report directly to NYU’s president, in conjunction with David McLaughlin, NYU’s provost.

The Shanghai campus announcement follows the opening of NYU’s first “portal campus” in Abu Dhabi last year, and is the latest step in the development of NYU as a “global network university,” one that will ultimately include a dozen other academic sites on six continents. In making the announcement, NYU President John Sexton said NYU was evolving from being, in the words of NYU’s founder, Albert Gallatin, “in and of the city” to being “in and of the world.”

“New York and Shanghai enjoy a natural affinity as world capitals; as vibrant, ambitious, and forward-looking centers of commerce and culture; as magnets for people of talent,” he said. “As we did in Abu Dhabi, here in Shanghai we have found visionary partners, and our joint effort to create NYU Shanghai emerges out of a common belief in the indispensable value of higher education and in the special opportunities that can be created when the world’s greatest cities join forces. This will be a great university and a great partnership.”

Reader Comments

DanTe

March 29, 2011 4:40 PM

I guess this over priced diploma mill will operate in China much like it operates here: can't make it in a real college? Than go to NYU where you can learn the "arts".

BW's Louis Lavelle

March 29, 2011 5:15 PM

That's pretty harsh. What, pray tell, qualifies as a "real college" if not NYU?

Louis Lavelle
Associate Editor
Bloomberg Businessweek

Li Bai

April 5, 2011 2:05 AM

China certainly has an 'overpriced diploma mill' problem... as does nearly everywhere else.
NYU will surely help to improve quality on the 'diploma mill' side. In regards to the 'overpriced' side...?
Well, someone's got to be first. That's just part of the nature of Capitalism and Risk assessment.

JF

April 7, 2011 9:30 PM

It seems that NYU will have an advantage to establish an alum network who are leaders of multinational firms. This type of education is much needed in the long term. However, I feel that only above middle class family can afford such an education. It must be super competitive in China to get a slot in 2013.

shaun

December 21, 2011 4:30 PM

if james franco can make it at nyu, anyone can. it certainly seems like nyu is a high-priced diploma mill.

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