Stern introduces two new MBAs: Fashion & Luxury and Tech

NYU's Stern recently introduced their two new accelerated MBA programs: tech and fashion & luxury. Stern is well known for their strength in finance, but it is less well known for its placing its students in tech or fashion. These programs should fix that.

Fashion & Luxury

Per the article,

The world is filled with promising designers who start labels that fail because they lack the business acumen to transform their innovations into viable businesses,” said Fashion Lab Advisory Board Member Collins. “By developing business talent that understands the creative side, NYU Stern will help close this gap by encouraging the kind of collaboration upon which successful brands are built.

This program also allows students to immerse themselves in cities such as Paris or Milan.

Technology

NYU is creating an application form that should be similar to their two-year MBA programs, but they are looking for STEM majors to join their program. Admits will have to ability to network and experience different environments, as depicted in the following quote,

For the Tech MBA program, the first one will take place in New York in August and the second, in Silicon Valley in January. Featuring classes in the morning and company visits in the afternoon—likely with a paper due at the end—the immersions will be intense, warned Sundaram. “They will not be tourism,” he said for emphasis.

For both of these programs, the article points out,

Stern’s downtown New York location—within blocks of both Silicon Alley and the Fashion District—puts the school in regular conversation with leaders in both tech and fashion and luxury.

I believe that this is a significant advantage, especially when networking and when graduates apply for jobs and I think that these programs will be well regarded regionally. What do you think?