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The City University and Baruch College have a tradition dating from 1847. Baruch College's landmark building at 23rd Street and Lexington Avenue is the site of the Free Academy - this country's first institution of free higher public education. In 1919, City College established a School of Business and Civic Administration, offering its first MBA program one year later. This school was renamed in 1953 in honor of Bernard M. Baruch, noted statesman and financier, who was instrumental in the College's formation.

In 1968, Baruch became an independent senior college offering the only AACSB accredited business programs within CUNY. It has since grown to become the largest collegiate school of business in the nation.

The Zicklin School offers degree programs leading to the BBA, MBA, Executive MBA, MS, Executive MS in Finance, and the Baruch MBA in Healthcare Administration, which is accredited by the Accrediting Commission on Education for Health Care Administration (ACEHSA). Among its exciting new initiatives are the Zicklin Full-Time MBA program, which enrolls a select group of candidates whose credentials and average GMAT scores of 650 place them among the top students in the nation. Its combined, five-year under-graduate/MS degree program in accountancy meets the latest education requirements for the CPA exam. The Zicklin School houses the City University's PhD in business and offers a joint degree program leading to the JD/MBA degrees in conjunction with both Brooklyn Law School and The New York Law School.

In 1998, the Zicklin School of Business was named in appreciation for a generous endowment from alumnus and financier Lawrence Zicklin, class of 1957, and his wife, Carol.