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Old Posted Feb 13, 2015, 9:13 PM
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Nexis4Jersey Nexis4Jersey is offline
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Join Date: Mar 2009
Location: North Jersey
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NJCU business school plans to turn 'Wall Street West' into learning environment


By Matthew Speiser | The Jersey Journal
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on February 10, 2015 at 5:46 PM, updated February 10, 2015 at 7:30 PM


Rendering of plans for the new New Jersey City University School of Business on the Jersey City waterfront. (Image courtesy NJCU)
The Jersey Journal

JERSEY CITY
-- Downtown Jersey City, also known as "Wall Street West," will now serve as more then just a financial hub for New Jersey.

It will be a classroom.

New Jersey City University has announced plans to open a new school of business at 2 Harborside Plaza next to the Exchange Place PATH station in time for the fall 2015 semester.

"The NJCU School of Business will be part of the business community in an exciting, world-class environment where students will study with top scholars and practitioners and learn to become future business leaders." NJCU President Sue Henderson said in a statement. "The benefits of this new development are beyond measure for our students, faculty, and corporate partners."

The school signed a 20-year lease with Mack-Cali Reality in December on a 70,000-square-foot facility formerly occupied by JP Morgan. According to NJCU Vice President for Advancement Daniel Elwell, the building is currently being gutted and renovated to include new plumbing, electrical, and IT setups.

Once complete, Elwell said the facility will be state-of-the-art and feature 10 academic instructional rooms outfitted with smart boards and the most up to date computer systems. There will also be a 300-seat auditorium, a trading floor used to simulate real-life Wall Street environment, and Bloomberg terminals used to monitor and analyze real-time financial data.

Elwell also said the move to Downtown Jersey City has given the university new partnerships with JP Morgan, Provident Bank, and Wyndham Hotels, with more prospective partners continuing to reach out. These partnerships will allow NJCU to offer new internship, scholarship, and mentoring programs with the Downtown financial institutions for its students.
http://www.nj.com/hudson/index.ssf/2...l#incart_river
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