Business and Policy Leader Events

Author Lecture Series: The Algebra of Happiness

Professor Scott Galloway, his new book, The Algebra of Happiness, and Stephanie Ruhle
On May 22, Professor Scott Galloway will discuss his new book, The Algebra of Happiness, with Stephanie Ruhle, MSNBC anchor and NBC News correspondent. 
Faculty News

In a live interview, Professor Arun Sundararajan shares his outlook on the changing employment landscape

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Excerpt from CGTN -- "I think the report underscores the fact that we are still training people for a world in which they're going to have a stable job and one occupation for their entire career and that a vast majority of their education is going to happen before they enter the workforce. But the reality of tomorrow's world of work is that people are going to have to switch occupations multiple times and they're going to have to continually reeducate themselves and most countries around the world are not prepared for this."
Faculty News

Professor Aswath Damodaran's research on equity risk premiums is cited

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Excerpt from The Wall Street Journal -- "But at 6.94%, Japan’s premium remains stubbornly above the U.S.’s 5.96%—with the gap little changed in six years—according to Aswath Damodaran, professor of finance at New York University’s Stern School of Business."
School News

Dean Raghu Sundaram and Professor and Vice Dean of MBA programs JP Eggers highlight how Stern's focused Andre Koo Tech MBA and Fashion & Luxury MBA programs are meeting the evolving needs of students and employers

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Excerpt from Poets & Quants -- "'What surprised us was that the very first [Andre Koo Tech and Entrepreneurship MBA] class had a better female ratio than our regular MBA and the second year numbers are even better: 20 women and 20 men. That we reached parity in tech is incredible to me.' - Dean Raghu Sundaram ... Job prospects are running slightly above expectations, says J.P. Eggers, vice dean for MBA programs. 'The biggest learning so far is on the tech sid in how interested the students are in small tech firms and being employee number five,' he says."
Faculty News

In a Q&A interview, Professor Robert Engle shares his outlook on the US-China trade negotiations

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Excerpt from La Tercera -- (translated from Spanish using Google Translate) "Although he does not have great expectations regarding what is going to be agreed upon, Robert Engle, winner of the Nobel Prize in Economics, anticipates a speedy resolution to the trade war, thanks to an agreement that will benefit both the government of the United States and China."
Faculty News

Professors Helio Fred Garcia and Irving Schenkler are quoted in an article on how Boeing handled its 737 Max crisis

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Excerpt from Business Insider -- "Helio Fred Garcia, a crisis management professor at New York University and Columbia University and president of crisis management firm Logos Consulting Group, told Business Insider: 'Trust didn't fall because two of its plane crashes. Trust fell because they were seen to be indifferent.' ... Professor Irv Schenkler, who teaches crisis communication at NYU's Stern School of Business, told Business Insider that Boeing took an 'operational problem" and made it "a reputational crisis — driven by poor messaging at the start of the events, creating concern and fear.'"
School News

Professor Navin Manglani shares tips for keeping personal information secure when booking travel

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Excerpt from Forbes -- "At the very least, travelers should make sure that the hotel’s confirmation email links to a secure site whose address begins with https, advises Navin Manglani, Professor of Technology at the NYU Stern School of Business. 'Also, if the website gets redirected from an https site to an http site, that might be a red flag to not continue viewing the information or not enter any additional information.'"
School News

Full-time MBA student Andrew Kwan underscores the strength of Stern's community and the benefits of the School’s NYC location

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Excerpt from Poets & Quants -- "Within the walls of Stern, I have found an incredibly close-knit family where my peers are constantly each other’s biggest advocates. If anything, being in NYC has made each of us that much more aware of how much we want to develop the network at Stern and to ensure that we are making the most of our MBA experience. This incredible community is supplemented with everything that NYC has to offer and ensures that our days are never boring or repetitive."
Faculty News

Professor Arun Sundararajan discusses Uber's IPO performance as it relates to the company’s overall business strategy

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Excerpt from CGTN -- "The fact that Uber’s IPO was not the success story that it should have been isn’t really about the fundamentals of the company today, said Arun Sundararajan, Professor of Business at New York University. 'It’s more about the fact that their valuation got too high too fast in the past and that severely constrained their ability to set a fair price for their IPO when they went public.'"
Faculty News

Professor Richard Berner's comments on data standardization at the RegTech Data Summit are featured

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Excerpt from GARP Risk Intelligence -- "Said Berner: 'An easier way to achieve change [in data practices] is to have pilot projects and the idea of innovation sandboxes, endorsed and assisted by regulators. It is something that we should do more of in the U.S.'"
Faculty News

Professor John Horton's research on rating inflation in the ridesharing industry is covered

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Excerpt from Mic -- "A recent study from New York University's Stern School of Business found that peer-to-peer apps like Uber and Lyft are designed to induce customer guilt, and thus promote rating inflation. The act of sitting in a car with your service provider, the study found, humanizes them in a way that, say, placing an online order with an anonymous Amazon merchant does not, and as a result, riders tend to give higher ratings."
Faculty News

In a joint op-ed, Professor Allen Adamson shares insights on brand innovation

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Excerpt from SmartBrief -- "With a nod to Angela Duckworth, we support the notion of “grit” as the secret ingredient in creating innovative new brands. Gritty people who come up with gritty ideas and can assemble gritty teams with the passion and perseverance to execute every detail brilliantly. Predicting innovation success will always be challenging. That is why the rewards for winners are so high."
Faculty News

Professor David Yermack's comments on bitcoin at the Consensus 2019 event are highlighted

Excerpt from American Banker -- "'For economists, one of the things we like about crypto is that it pushes you back to first principles,' said David Yermack, chairman of the finance department at New York University's Stern School of Business. 'It makes you reconsider if we need banks to have banking.'"
Faculty News

In an excerpt from his new book, "The Algebra of Happiness," Professor Scott Galloway offers advice to aspiring entrepreneurs

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Excerpt from Quartz -- "The traits of successful entrepreneurs haven’t changed much in the digital age: You need more builders than branders, and it’s key to have a technologist as part of, or near, the founding team."
Press Releases

New Research from NYU Stern Explains Bitcoin’s Limited Adoption

Kose John
Bitcoin has been envisioned as a global digital currency, yet it has not been widely adopted. New research from NYU Stern Professor Kose John, PhD candidate Franz Hinzen and co-author establishes that Bitcoin’s limited adoption is inescapable due to its technical design.
Business and Policy Leader Events

Celebrating Faculty Excellence at NYU Stern

Raghu Sundaram, Richard Levich, Anindya Ghose, Mor Armony, Maher Said, Geeta Menon and Paul Wachtel
Continuing an annual tradition, faculty and guests gathered to celebrate NYU Stern’s community of exceptional scholars and teachers, and to recognize their many contributions to the School’s ongoing success at the 9th Annual Faculty Excellence Dinner.
School News

The Sustainable Share Index™, research by the Center for Sustainable Business and IRI, is spotlighted.

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Excerpt from Just Food -- "The findings from the NYU Stern-IRI study point up the increasing reality that sustainable business is good business, as does the results from a 2018 report by Nielsen, which found that sustainability sells."
Faculty News

Professor Lawrence White is quoted in a story on government involvement in the housing market

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Excerpt from the Australian Financial Review -- "'Once you go down this road it’s clear it’s hard to pull back,' says Lawrence J. White, professor of economics at New York University Stern School of Business, and a specialist in financial regulation and bank behaviour."
Faculty News

In an in-depth interview, Professor Aswath Damodaran shares his approach to investing and valuation

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Excerpt from Seeking Alpha -- "Now the investing world has become a lot flatter, especially in the US. I can't think of too many competitive advantages that you would have at Goldman Sachs as an equity research analyst over some person sitting at their own computer. If you're going to create value in this business now, you've got to think of what else you bring to the table. It can't be that you have better data, it can't be because you have a more powerful computer - it's got to be something else, and that's made investing a lot more difficult than it used to be."
Faculty News

Professor Adam Alter shares his views on the changes Twitter has made to its platform

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Excerpt from BuzzFeed News -- "'Everything these companies do, at first, is driven by the short-term desire to stake a small share of the attention economy and to engage users just long enough to attract early funding. Only later does the medium view start to matter, and the long view doesn’t matter at all until very late in the game,' explained Adam Alter, author of Irresistible, a book about the rise of addictive technology."
Faculty News

In a live interview, Professor Michael Spence discusses how the US delaying tariffs on auto imports will impact trade negotiations with China

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Excerpt from Bloomberg-- "The United States is better off if we're negotiating on behalf of the United States, but with the interests of other developed countries aligned with what we're trying to achieve in terms of a level playing field, fairness, absence of intellectual property theft, and so on. So I think it's good news in the sense that we're not going to pick a fight with the Europeans at the same time, or at least we may not. And that makes it easier... to focus on the Chinese negotiations and not overload the team."
School News

Research by the NYU Pollack Center for Law & Business on SEC enforcement actions is featured

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Excerpt from Law.com -- "The report, 'SEC Enforcement Activity: Public Companies and Subsidiaries—Midyear FY 2019 Update,' was released Wednesday by the New York University Pollack Center for Law & Business and Cornerstone Research."
School News

The winning teams of the $300K Entrepreneurs Challenge, organized by the W. R. Berkley Innovation Labs, are highlighted

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Excerpt from Clear Admit -- "After an eight-month competition, NYU Stern announced the six winners of its annual Entrepreneurs Challenge. Spearheaded by the W.R. Berkley Innovation Labs, the venture competition offered more than $300,000 in cash prizes and pro-bono startup services to the most promising innovators at the school. In total, 243 teams and 500 students, faculty, and alumni participated in three competition tracks."
School News

Professor and Vice Dean for Online Learning Kim Corfman highlights the flexibility that Stern's online MS in Quantitative Management program offers early-career professionals

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Excerpt from MiM Guide -- "The program allows professionals worldwide to benefit from an NYU Stern graduate education without having to relocate, and provides the convenience of being able to learn at the time and place that works best for each student."