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Professorship, Student Fellows established from Marjorie Deane Foundation

Posted on October 23, 2013 | by Ann Schmidt

Courtesy of NYU

 

NYU’s Arthur L. Carter Journalism Institute announced last week the creation of the Marjorie Deane Professorship in Financial Journalism in honor of a $400,000 gift from the London-based Marjorie Deane Financial Journalism Foundation. This gift will help fund student programs and fellowships.

Stephen Solomon, founder and director of the NYU master’s program in business and economic reporting, is the first to hold the professorship, which began last week.

“The Marjorie Deane Foundation has recognized the BER program as one of the best of its kind in the world,” Solomon said. “We are honored to be able to work with the foundation to assist young journalists in becoming excellent financial writers. The foundation’s gift makes it possible to enhance the education and experience of the students we could not pursue before now.”

The Marjorie Deane Financial Journalism Foundation, named after a reporter for The Economist, aims to advance public education in financial theory and journalism. Martin Giles, an Economist correspondent and the foundation trustee who was most involved in awarding the gift to NYU, said part of the foundation’s mission is to support schools teaching financial journalism.

“The Business and Economic Reporting program is very much aligned with the goals of the foundation,” Giles said. “And we liked the idea that some of the foundation’s money would be available to support students studying on the program.”

The student programs funded by the gift include an annual Marjorie Deane lecture and, next fall, the creation of Marjorie Deane fellows, who are business journalism students who will receive financial assistance for tuition.

In the spring 2014 semester, the institute also plans to launch a student exchange program, in which BER students can spend a week studying the financial systems of the United Kingdom and the European Union at the City University of London.

“The world is so interconnected today that it’s critically important for business journalists to understand the economic and financial systems in different parts of the world,” Solomon said.

NYU social sciences dean Michael Laver said he was gratified the foundation chose to invest in the BER program.

“It is especially good that the bulk of the resulting resources will be targeted very directly at students and that the foundation is keen to do this,” Laver said. “Sometimes, students benefit only indirectly from such awards.”

Srividya Iyer, a student in the BER program, said she thought recognition for the program was long overdue.

“No other university in the United States has a program so comprehensive,” Iyer said. “They’ve worked hard to make it relevant, and we’re excited to go to London.”

A version of this article appeared in the Wednesday, Oct. 23 print edition. Ann Schmidt is a staff writer. Email her at news@nyunews.com.

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Tatiana Baez

Assistant Managing Editor | A CAS junior, Tatiana is studying journalism, environmental science and politics. She’s a bomb editor, as well as the staff’s main source of entertainment because she sings along to every song after 12 a.m. She also writes about culture, science, technology and sex, and her work has been featured in VICE, Motherboard, Elite Daily, amNewYork and others. She enjoys eating Thai food, reading fiction and binge-watching Netflix.

And in case you were wondering how great she really is — “I just can’t get enough of Tatiana” is a direct quote from her EIC at WSN only moments ago.

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Ann Schmidt

News Editor | Ann is a liberal studies sophomore who lived in Florence during her freshman year. She plans on double-majoring in journalism and political science and is always busy. She is constantly making lists and she loves to laugh.

 

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Daniel Yeom

Daniel started at the Features desk of WSN last Spring, writing restaurant reviews whilst indulging on free food and consequently getting fat. Last Fall, he was the dining editor, and he this semester he is senior editor. Daniel is in Gallatin (living the dream) studying Food & Travel Narratives, incorporating aspects of Food Studies, Journalism, and Media, Culture, and Communication. He loves food more than life itself.

Hannah Luu

Deputy Multimedia Editor | Hannah Luu is a ridiculously great Deputy Multimedia Editor. She is a sophomore from Northern California. If you think Northern California means San Francisco you might need to closely examine a map. She is passionate about NPR and being half Asian.

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