Experience Stern | News & Events

As part of a new annual tradition, NYU Stern faculty and guests gathered to celebrate a number of recent faculty accomplishments across the School.

The winners of this year’s NYU Stern Entrepreneurs Challenge received more than $200,000 in seed money and in-kind support. After pitching their venture ideas, the five winning teams, each led by NYU students, were chosen by a panel of judges from the venture capital, technology and social enterprise sectors.

Excerpt from Financial Times -- "'It’s the paradox of a free market,' Mr. Sargent said. 'Markets are great, they function very well, but nobody has the incentive to create the set of rules.'"

Excerpt from US News & World Report -- "'The valuation [of Facebook] does seem high relative to their most recent revenues. However, I don't think the optimism is unwarranted,' says Arun Sundararajan, an associate professor of Information, Operations and Management Sciences at NYU's Stern School of Business."

Excerpt from Risk Magazine -- "Unlike many in the quantitative finance world, Robert Engle, the Michael Armellino professor of finance at New York University (NYU) is no physicist or mathematician – he is an economist through and through. Before going into finance, he worked in urban economics and econometrics, and even studied the effect of weather on electricity demand ... "

Excerpt from Bloomberg TV -- "There's a whole bunch of [anti-austerity parties in Greece], both from the left and from the right. ... They don't like the present situation, they want to change it, but they don't have any concrete plans, except possibly some would say Greece would leave the euro."

Fred Wilson of Union Square Ventures, Alexis Ohanian of Reddit and Billy Chasen of Turntable.fm participated in a panel discussion at NYU Stern to discuss some of the complex issues surrounding recent legislative proposals in the area of online intellectual property.

Excerpt from CNBC -- 'People who believe that in five years we’re going to be energy-independent are deluding themselves. It’s going to be a 10- to 20-year story,' he said."

Excerpt from Marketplace -- "If you sell more ad time you increase the clutter, it becomes less desirable as a watching experience place for consumers. So you're ultimately between a rock and a hard place."

Excerpt from Westchester Magazine -- "More and more physicians are captive in practices that are now owned or operated by the hospital in which they work. Let’s face it: Their professional responsibility may be to the patient, but their responsibility as employees is to their employer."

Excerpt from Chief Executive Magazine -- "'Anything that can be delegated so that the executive assistant can focus on the CEO's needs saves the CEO time,' says Sheila W. Wellington, clinical professor of management and organizations at New York University's Stern School of Business."

Excerpt from Innovation News Daily -- "'There are going to be much more reliable ways of people keeping track of and demonstrating human capital in ways that I haven't seen in any other country,' Sundararajan told InnovationNewsDaily."

Excerpt from Econoplay -- "' ... we saw an increase in activity in the media/entertainment/technology sectors, and luxury retail – which tracks with our educational offerings in these areas,' Mittman said. 'We anticipate our graduation employment report to show a smoothing out in the balance of industries as a result.'"

Excerpt from The New York Times -- "Geeta Menon, a professor of marketing and dean of the undergraduate college at the Stern School of Business at New York University, said she liked the ads’ suggestion of 'tactical things people can do to be healthier.'"

Excerpt from Bloomberg -- “A little bit of inflation would do a whole lot of good for the U.S. economy, would certainly do a lot of good for the housing market.”

Excerpt from Bloomberg -- "I think one of the real dilemmas in bank regulation is that so much of it's based on accounting numbers. And the accounting numbers don't typically reflect market values and the forward-looking views of financial investors."

Excerpt from CRM Magazine -- "'Everything is about the integration across different communication channels, and many classic advertising agencies now offer consulting or creative services in all domains,' Erdem observes."

Excerpt from Development Asia Magazine -- "'Instead of focusing on poor nations and how to change their rules, we should focus on poor people and how they can move somewhere with better rules,' [Romer] wrote in 2009. 'One way to do this is with dozens, perhaps hundreds, of new 'charter cities,' where developed countries frame the rules and hundreds of millions of poor families could become residents.'"

Excerpt from The Atlantic -- "Thanks to Professor Baumol's friendly but demanding tutelage, I gained a quiet confidence that was (is) a gift of incredible value. An impersonal educational setting, or studying with a much less gifted teacher, would not have permitted that kind of learning."

Excerpt from Bloomberg -- "The Eurobills proposal put forward by Christian Hellwig, a professor at Toulouse School of Economics, and Thomas Philippon, an associate professor of finance at New York University’s Leonard N. Stern School of Business, calls for a European debt management office as the monopoly seller of euro-denominated bills."

Excerpt from Financial Times -- "In 'The Righteous Mind,' [Haidt] draws primarily on his own pioneering work in social psychology to explain how morality “binds and blinds”. His book, which is already creating waves among the political classes on both sides of the Atlantic, employs a striking series of metaphors."

Leading academics and practitioners gathered for a conference on “Comovement of Volatilities, Returns and Tails,” this spring, organized by Stern’s Volatility Institute, led by Nobel Laureate and Professor Robert Engle.

Excerpt from The Wall Street Journal -- "'The Exception Is the Rule: Underestimating and Overspending on Exceptional Expenses,' Abigail B. Sussman and Adam L. Alter, Journal of Consumer Research (forthcoming)."

Excerpt from WIRED -- "As the world moves more and more information to cloud services from the likes of Amazon and Google, these services don’t always interact as effectively as they should. Amazon Web Services can save you money, but Ipeirotis’ tale also shows that there are cases where the cloud can backfire."

The third annual Tribeca Disruptive Innovation Awards, hosted at NYU Stern, honored several leading disruptive innovators who have impacted the worlds of business, technology, arts and entertainment. Founder of Twitter and Square Jack Dorsey and Room to Read founder John Wood received the Lifetime Achievement awards. Other honorees ranged from pop star Justin Bieber and Rick Rubin, who founded Def Jam Records in his NYU dorm room, to Steven A. Curley for his advances in cancer treatments and Dr. Patricia Bath, the first person to demonstrate Laserphaco cataract surgery.