Experience Stern | News & Events

New York University Stern School of Business today welcomes to its New York campus the inaugural class of the Master of Science in Business Analytics program. The MS in Business Analytics is the first accredited graduate-level program in business analytics to be offered by a leading business school. It exposes students to innovative methodologies that support data-driven decision-making, and will equip graduates with the ability to transform data into a powerful and predictive strategic asset to ultimately drive better business results.

Excerpt from the New Yorker -- "In the mid-nineteen-sixties, two economists, William J. Baumol and William G. Bowen, diagnosed a “cost disease” in industries like education, and the theory continues to inform thinking about pressure in the system."

Excerpt from VoxEU -- "This is hardly the first time that the US government has faced the question of whether it should discriminate among its different promises (see Hall and Sargent 2013). In 1868, immediately following the Civil War, the US faced what seemed a crushing debt burden with outstanding Treasury obligations exceeding 35% of GDP."

Excerpt from CBS Sunday Morning -- "'Some of the researchers believe that it's biological in origin -- that there's something about the way this color interacts with our eyes and with our brains and with our physiology to weaken us,' said Alter. 'I think another alternative is that it's just based on the association.'"

Excerpt from New York Daily News -- “'This fall, I will start NYU’s Wagner School of Government working on a master’s in government administration,' she says. 'I’d like to work in city government, in veterans affairs, helping my fellow veterans.'"

Excerpt from Project Syndicate -- "If public-sector deleveraging is not a complete growth policy – and it isn’t – why is there so much attention on fiscal austerity and so little action (as opposed to lip service) on growth and employment?"

Excerpt from CNNMoney -- "'If you put in a price that is a bit off, you can affect the benchmark in a meaningful way, particularly because there just aren't that many transactions at the end of the day,' she said. 'You may try and move Platts in a particular way and lose in that transaction, but then gain, by moving the index, in a larger transaction on the opposite side or on your derivatives position.'"

Excerpt from The Economist -- "In a new working paper, Karthik Reddy of Harvard Law School, Moritz Schularick of the Free University of Berlin and Vasiliki Skreta of New York University’s Stern Business School explore the relationship between the two phenomena. 'Whether immunity is a vice or a virtue,' they write, 'depends on whether stronger immunity is relatively more valuable to corrupt politicians or to honest ones.'”

Excerpt from Financial Times -- "Michael Posner, a professor at New York University’s Stern business school, said the reluctance of some companies stemmed from 'a judgment that they don’t bear ultimate responsibility because they don’t own or operate factories.'"

Excerpt from Boston Magazine -- "'I think there is the growing realization that some portion of your business, in a number of industries, is going to involve a shared product rather than an owned asset,' he said. 'Now companies have to say, well, after I sell my product to my customers, are they using it efficiently? Because if they’re not using it efficiently, can I be sure that some sharing economy marketplace isn’t gonna come along and offer them a more efficient substitute?'”

Excerpt from Financial Times -- "David Yermack, a professor of finance and business transformation at New York University’s Stern School of Business, and co-authors, Tanja Artiga González and Markus Schmid of the University of St Gallen in Switzerland, examine more than 200 US companies accused by governments of price-fixing between 1986 and 2010."

Excerpt from Bloomberg -- "Certainly, Michael Dell and Carl Icahn's two plans are very, very different for what the vision for the company is and everyone and the board and the shareholders needs to decide which path they want to go down."

Excerpt from Politico -- "Barry Diller’s new Aereo venture may turn out to be the ultimate Catch-22. Aereo is possible only because of the existence of broadcast television, but broadcasters view it as a threat and have warned that they may stop broadcasting. If that happens, broadcast television and Aereo could both cease to exist."

Excerpt from PBS -- "I think there's no easy road to getting to the point of having the populous trust you. So we have to get there by making decisions -- for instance, invest in education, because think about the transformation of the world economy. The United States has become a service-driven economy. And so in order for us to deliver prosperity, we need to make sure that our citizens are in a position to benefit from the knowledge economy. But that means making the fundamental investments, for instance, in education."

Excerpt from Bloomberg -- "No one does catch-up better than Google. They have this army of engineers. They're not afraid to innovate and put stuff out that's not perfect and then do one of two things: make it work or kill it. So if you're Pandora or Spotify, this is a scary day."

Excerpt from Big Think -- "So what we have is an imbalance... an imbalance between economic importance in global GDP and economic voice in the setting of the global economic agenda. And so what’s required for the future is a rebalancing of this mismatch."

Excerpt from Reuters -- "Mike Posner, a professor of business and human rights at New York University's Stern School of Business, in an email said agreement to a legally binding accord by major European retailers has put U.S. retailers under pressure. 'The onus is now on American brands to step up to the plate,' he said."

Excerpt from Bloomberg -- "Lawrence White, an economics professor at New York University’s Stern School of Business, said the SEC should eliminate a requirement that companies rate at least 10 percent of the transactions they view on the website. 'It only serves to inhibit potential raters from even looking at the existing bundles of information,' White said."

Excerpt from Bloomberg Businessweek -- "Whether a musical campaign is a good strategy in New York is another question. The city and the subway stations beneath it are already bursting with unusual acts—from mariachi bands to opera duets and break dancers. Some busy locals have grown to either ignore or dislike all the clamor. Working in its favor is the Oreo event’s location and size. 'Union Square is a place where people naturally congregate, so you’ll reach them. The added benefit is the news coverage,' says Craig. 'The challenge for Oreo is it’s a 100-year-old brand. How do you keep it fresh, relevant, exciting? This is one way to break through the clutter.'"

Excerpt from Marketplace -- "'One has to have a high level of confidence that this independent board would get it right,' said Lawrence White, a professor of economics at New York University's Stern School of Business, when asked about Franken's proposal."

Excerpt from NPR -- "It's creepy. It's not quite wiretapping but it feels like a first cousin to wiretapping."

Excerpt from Quartz -- "It is tempting to dismiss these microbusinesses that function outside the formal economy. But the ability to build something new from broken pieces is precisely the skill that business leaders in the United States, Europe, and other advanced nations need to renew prosperity. It’s time to take a page from the Jamaican pushcart playbook."

Excerpt from Financial Times -- “'What we need is not bigger or smaller government for growth, but narrower and stronger government,' says Paul Romer, the growth economist."

Excerpt from Crain's -- "Belén Villalonga, an associate professor of management who teaches a family-business course at NYU's Stern School of Business, sees many students taking this route. Ms. Villalonga, who joined Stern this year after a decade at Harvard University, said the Harvard class in family business that she taught for five years grew from 20 students at the outset to 50 last year, with about 35 students indicating that they were 'planning to go into the family business at some point.'"

Excerpt from The Wall Street Journal -- "Lawrence J. White, a professor at New York University's Stern School of Business, says the SEC should make information available to rating firms under 17(g)5 accessible to investors as well. Mr. White says incremental changes to rating-industry practices are far more likely than an overhaul. 'There wasn't going to be major change," he says. "It wasn't going to happen quickly. It's not going to happen now.'"