The Harold W. McGraw, Jr,
Center for Business Journalism
Our mission at the Harold W. McGraw, Jr. Center for Business Journalism is to enhance the quality and depth of business and economic news coverage. Financed by a $3 million grant from the Harold W. McGraw, Jr. Family Foundation, the Center was established at the Craig Newmark Graduate School of Journalism at the City University of New York in January 2014 to support veteran business journalists and train young reporters entering the field.
The McGraw Center commissions in-depth stories on serious economic and business topics through the McGraw Fellowships in Business Journalism. The Fellowships provide experienced journalists with a stipend of $5,000 a month for up to three months to produce a distinguished piece of investigative, analytic or narrative business journalism. We publish the stories in partnership with established media outlets. The stories also run on the McGraw Center web site.
Another key goal is to promote the development of future business journalists. The McGraw Center funds scholarships for students at the Newmark J-School who concentrate in business reporting; we also provide stipends for those who undertake summer internships in business news.
Finally, as part of our mission to serve the greater professional community, the McGraw Center holds panels and events on topics of interest to business reporters and editors. We also support continuing education seminars on a variety of issues to strengthen the skills and knowledge of business journalists.
About the Harold W. McGraw, Jr. Family Foundation
The Harold W. McGraw, Jr. Family Foundation was started in 2010 by Suzanne, Terry and Bob McGraw to honor their father, the former chairman and chief executive of McGraw-Hill, the publishing and financial services company that owned BusinessWeek magazine for 80 years. Mr. McGraw died in 2010. The Foundation makes grants to institutions and causes important to him, including literacy projects, business journalism, education, hospitals and libraries.
The McGraw Center also receives support from the City University of New York and the Newmark Graduate School of Journalism.
About the Newmark Graduate School of Journalism
The Craig Newmark Graduate School of Journalism at the City University of New York in midtown Manhattan is the only publicly supported graduate journalism school in the Northeast. Opened in 2006 under Founding Dean Stephen B. Shepard, who served for more than 20 years as editor-in-chief of BusinessWeek , the School offers a 16-month Master of Arts in Journalism program. The current Dean, Sarah Bartlett, is a former business journalist who worked for BusinessWeek, The New York Times, and Fortune, among other media companies. She also founded the School’s Business & Economics Reporting Program.
The Newmark Graduate School of Journalism was also first in the nation to offer an M.A. in Entrepreneurial Journalism, beginning in 2011. Taught by award-winning journalists from top media organizations, students learn to tell stories using print, broadcast, visual, audio, and interactive formats while getting rigorous instruction in reporting, writing, critical thinking, and journalism ethics. Students also specialize in one of five subject areas: arts & culture, business & economics, health & medicine, international, or urban reporting.
About the City University of New York
The City University of New York is the nation’s leading urban public university. Founded in New York City in 1847, the University comprises 24 institutions: 11 senior colleges, seven community colleges, the William E. Macaulay Honors College at CUNY, the CUNY Graduate School and University Center, the CUNY Graduate School of Journalism, the CUNY School of Law, the CUNY School of Professional Studies and the CUNY School of Public Health. The University serves more than 270,000 degree-credit students and 218,083 adult, continuing and professional education students.