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For Immediate Release:

Tuesday, October 11, 2016

GLOBAL COMPANIES TAP NYU TANDON ONLINE ENGINEERING

PROGRAMS TO GIVE TECH EMPLOYEES CRITICAL SKILLS

Pfizer, M&T Bank, and Food Retailer Ahold USA to Offer their Workers Master’s Degree Studies in Cybersecurity, Bioinformatics, and Management of Technology

The NYU Tandon School of Engineering announced that Pfizer, Dutch retail giant Ahold, and M&T Bank join a growing list of financial institutions, Fortune 500 companies, and other corporations seeking to attract and retain skilled talent through Tandon Online education programs.

“Global organizations increasingly recognize the need to provide education in complex technical areas such as cybersecurity, bioinformatics, and management of technology,” said Jay VanDerwerken, senior managing director of NYU Tandon’s Enterprise Learning. More than 130 graduate-level and certificate classes are offered for employee education and development by Tandon Online, the school’s virtual learning arm. Even before M&T Bank began supporting master’s degree education at NYU Tandon, the school’s presence in the financial sector was already strong, with Goldman Sachs and BNY Mellon turning to its online offerings for employee graduate education in critical skills.

NYU Tandon was the 2015 recipient of the Ralph E. Gomory Award for Quality Online Education from the Online Learning Consortium (formerly known as the Sloan Consortium). The Consortium named NYU Tandon’s online cybersecurity program the nation’s best online educational program — in any field — in 2011, and this year U.S. News & World Report ranked the school’s online graduate engineering program tied for 12th in the country, the fourth successive year the publication ranked the school among the top dozen programs.

Ninety-six percent of the school’s online students complete their online courses, and 89 percent earn their graduate degrees. By comparison, a National Council of Graduate Schools study found an average completion rate of 66 percent for science, technology, engineering, and mathematics master’s degree programs.

-more- Tandon Online students are taught by experienced professors who embrace special techniques of effective online education: 95 percent of online faculty returns to teach again. A recent survey of graduates revealed 100 percent job placement within six months of graduation; for those already holding jobs, 40 percent reported they received a promotion or raise within the same period.

NYU Tandon’s online courses are delivered in active learning modules, which engage students in interactive learning sessions. Online students get unlimited access to lectures, 24/7, from anywhere in the world. During real-time webinars, students participate in live Q&A sessions. With their instructor and fellow students, they share ideas using video, screen-sharing, chat rooms, and interactive polling over built-in phone and VOIP lines. High-quality video, audio, multimedia, and animation engage students. NYU encourages weekly live sessions, prompting peer-to-peer learning.

For more information, visit http://engineering.nyu.edu/enterprise-learning/corporate-members.

About the NYU Tandon School of Engineering The NYU Tandon School of Engineering dates to 1854, when the NYU School of Civil Engineering and Architecture as well as the Brooklyn Collegiate and Polytechnic Institute (widely known as Brooklyn Poly) were founded. Their successor institutions merged in January 2014 to create a comprehensive school of education and research in engineering and applied sciences, rooted in a tradition of invention, innovation and entrepreneurship. In addition to programs at its main campus in downtown Brooklyn, it is closely connected to engineering programs in NYU Abu Dhabi and NYU Shanghai, and it operates business incubators in downtown Manhattan and Brooklyn. For more information, visit http://engineering.nyu.edu.

About Ahold USA Ahold USA is part of Ahold, an international food-retailing group that operates quality supermarkets in the United States and Europe. Ahold USA supports four regional Divisions – Stop & Shop New England, Stop & Shop New York Metro, Giant Landover, and Giant Carlisle – that together operate approximately 790 supermarkets with 115,000 associates in 14 states and the District of Columbia along with Peapod, the nation’s leading e- commerce grocery shopping/delivery service.

About M&T Bank Corporation M&T Bank Corporation is a United States bank holding company. Founded in 1856 in western New York State as "Manufacturers and Traders Trust Company," the company is today headquartered in Buffalo. As of 2014, M&T Bank held $134.4 billion in assets, making it the 17th largest commercial bank holding company in the United States. It operates more than 700 branches in New York, New Jersey, Pennsylvania, Maryland, Delaware, Virginia, West Virginia, and Washington, D.C. It also operates private wealth offices across the United States and in Europe.

About Pfizer Pfizer is an American global pharmaceutical corporation headquartered in New York City, with its research headquarters in Groton, Connecticut. It is among the world's largest pharmaceutical companies. Pfizer develops and produces medicines and vaccines for a wide range of medical disciplines, including immunology, oncology, cardiology, diabetology/endocrinology, and neurology.

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