Ideavillage to Fund Entrepreneurial Undergraduate Scholarships in NYU Stern’s Business, Technology and Entrepreneurship Program
April 17 2024 - 9:58AM
Business Wire
– Stern Names Program in Honor of CEO Anand
Khubani (BS '89) –
New York University Stern School of Business announced today it
received a landmark gift for its BS in Business, Technology and
Entrepreneurship (BTE) Program from Ideavillage, whose Founder and
CEO is alumnus Anand (Andy) Khubani (BS ’89). In recognition of
this gift, the School has named the program—one of the most
successful in Stern’s history—the Khubani BTE Program.
This gift will annually support up to 40 scholarships across all
four years of the program, benefitting hundreds of students for
years to come.
“As someone who has experienced great success in his pursuit of
the ‘American dream,’ Andy is an inspiration for Stern
undergraduate business students. A master marketer and visionary
entrepreneur, he is known for identifying consumer trends early and
launching first to market innovative product solutions,” said Raghu
Sundaram, Dean, NYU Stern. “We are deeply grateful for his
extraordinary generosity and commitment to his alma mater. As one
of the most successful entrepreneurs to graduate from the Stern
School, we are honored that this program will bear his name.”
“The drive to innovate and the audacity to shape how we will
live and work in the future are forces that reverberate throughout
NYU. When an esteemed alumnus like Andy Khubani takes that spirit
out into the world with great success and then chooses to channel
it back to his alma mater, our potential as a community grows
exponentially,” said NYU President Linda G. Mills. “We are
extraordinarily grateful that Andy has chosen to serve as a role
model for the promising young minds and budding entrepreneurs who
choose NYU Stern as their launchpad.”
As an integral part of Stern’s Undergraduate College, which is
consistently ranked in the top five by US News & World Report,
the Khubani BTE Program is a STEM-certified four-year undergraduate
degree and the first US undergraduate business program of its kind
to seamlessly integrate business, technology and entrepreneurship.
The 2021 launch of the Khubani BTE Program was met with enormous
interest from applicants, a trend that has continued annually.
“I’ve always been extremely passionate about the integration of
business, life, and continuous learning,” said Anand Khubani.
“Throughout my journey, I've had the extraordinary privilege to
learn from and collaborate with some of the most brilliant minds in
the business world. This invaluable experience has been a
fundamental pillar in achieving everything I hoped to in business
and in life. Now, in partnership with NYU Stern, I am deeply
honored to have the opportunity to empower the next generation of
innovators and entrepreneurs. It is my hope that these scholarships
will not only help them achieve their dreams, but also inspire the
following generation to do the same.”
Anand (Andy) Khubani is the Founder and CEO of Ideavillage
Products Corp. Andy is an entrepreneur and visionary industrialist
recognized throughout his career as a leading driver of innovation
and disruptive marketing in consumer products. As Founder and CEO
of Ideavillage, Andy transformed new product launches with
direct-to-consumer marketing to drive exponential sales at retail.
He also perfected the art of working with A-list celebrities to
build massive programs with the world’s largest retailers. The
company is led by a diverse and balanced senior executive team, of
which 75% are women and 35% are minorities.
Khubani BTE students engage in a highly experiential,
interdisciplinary curriculum designed to build critical thinking
and technical expertise. Unique coursework includes an experiential
Design Sprint in the fall semester of the first year, in which
students partner with early-stage New York City ventures, including
those founded by Stern alumni, for a week-long immersive learning
experience. From core business classes to capstone startup labs,
the program builds not only technical expertise, but also an
aptitude for managing ambiguity.
A hallmark of all of Stern’s undergraduate business programs is
integrated coursework in the liberal arts and social impact. Like
Stern’s foundational BS program, Khubani BTE students also take a
portion of their courses in the liberal arts to develop strong
critical thinking and global awareness, including Stern’s social
impact core. They also complete Stern’s renowned business core and
participate in global immersion programming.
The Khubani BTE Program builds upon Stern’s robust footprint in
the technology and entrepreneurship arena following the successful
launch of its one-year Andre Koo Technology and Entrepreneurship
MBA, another first of its kind, which debuted in 2018.
About New York University Stern School of Business
New York University Stern School of Business, located in the
heart of Greenwich Village and deeply connected with the city for
which it is named, is one of the nation’s premier management
education schools and research centers. NYU Stern offers a broad
portfolio of transformational programs at the graduate,
undergraduate and executive levels, all of them enriched by the
dynamism and deep resources of one of the world’s business
capitals. NYU Stern is a community that fosters inclusion,
belonging, diversity and equity, and inspires its members to
embrace change in a globally changing world. Visit
stern.nyu.edu.
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Press: Jessica Neville jneville@stern.nyu.edu