School News

In a trend story featuring veterans at top b-schools, Stern’s Fertitta Veterans Program is cited and military veteran MBA students Chris Costello (MBA '19) and Sam Daly (MBA '20) share advice for prospective applicants

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Excerpt from Clear Admit -- "'Most business schools either have a veterans group that you can reach out to directly or an admissions department who would be happy to connect potential applicants with veteran current students or alumni,' said Stern student Daly...As for Costello, he recommends doing your research, first and foremost. And from there, don’t sell yourself short. 'Your military experience makes you a valuable hire for some of the best firms around the world,' he said. 'Don’t hide your military success. Learn how to translate your amazing accomplishments and use them to highlight why you’re a great candidate in any industry you want to explore.'"
Faculty News

Professor Robert Salomon discusses Starbucks' expansion strategy in China

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Excerpt from the CNN-- "The decision to step back from those markets in Western Europe may have been driven by how competitive the market is there, said Robert Salomon, a professor of international management at NYU's Stern business school. 'It's very difficult for them to enter with a proposition to say "Hey, we're the espresso coffee company,"' he noted. But in China, Starbucks can set itself up as a coffee destination."
Faculty News

Professor Dolly Chugh shares tips for managers to hold inclusive meetings, from her book, "The Person You Mean to Be"

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Excerpt from TED -- "'You can think of diversity as the gateways — to schools, communities, organizations — while inclusion includes the pathways that lead up to and through those gateways. Gateways include decision points such as admissions, hiring, promotions and salary decisions. Pathways are the moments that can shape those outcomes, but they tend not to be trackable by official statistics."

 
Press Releases

New Research about the 2008 Financial Crisis to be Presented at Conference Hosted by Annual Reviews, MIT Golub Center and NYU Stern School of Business

Henry Kaufman Management Center
Annual Reviews, MIT Golub Center for Finance and Policy (GCFP) and New York University Stern School of Business (NYU Stern) will convene today and tomorrow to present new review articles focused on the 2008 financial crisis in the Annual Review of Financial Economics Volume 10.
Faculty News

Professor Anat Lechner weighs in on the company culture at Havas in Chicago

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Excerpt from Ad Age -- "Anat Lechner, a clinical associate professor of management and organizations at NYU's Stern School of Business, said that having an office party with a partly clothed dancer is disrespectful to employees and indicates that such behavior is tolerated at the highest levels. 'In a day and age when Me Too is so pervasive, to hold an event like this you have to be ... I don't even know what. Blind at best,' she says."
Faculty News

Professor Baruch Lev's book, "The End of Accounting," and blog post on the decreasing usefulness of traditional financial reporting, is featured

Excerpt from InformationWeek -- "New York University Stern School of Business Professor Baruch Lev co-authored a book entitled The End of Accounting, which identifies a disconnect between the traditional accounting of tangible assets and how that applies to intangible assets. As he points out in his blog, '[C]orporate balance sheets proudly exhibit industrial age buildings, machines and inventory, while blockbuster patents or leading brands are MIA on the balance sheet.'"
Faculty News

Professor Arun Sundararajan comments on Uber's monetary ties to the Saudi Arabian government

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Excerpt from Chicago Tribune -- “'There was a general perception that they would take money from anyone,' said Arun Sundararajan, a professor at New York University’s business school who wrote a book titled “The Sharing Economy: The End of Employment and the Rise of Crowd-Based Capitalism.”
Faculty News

Professor Tensie Whelan's presentation of the Center for Sustainable Business' Sustainability Monetization Framework at the Sustainable Brands' New Metrics '18 Conference is featured

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Excerpt from Sustainable Brands -- "Kicking off the conference was NYU Stern Center for Sustainable Business (CSB) Director Tensie Whelan, who broke down the Center’s new Sustainability Monetization Framework tool for unlocking growth opportunities."
School News

Senior Research Scholar Alain Bertaud explains the appeal of Amazon's new headquarters for cities

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Excerpt from Crain's New York Business -- "'For the city, it should be just a straightforward thing: We will get more benefit than what we are giving away,' said Alain Bertaud, a senior research scholar at the NYU Marron Institute of Urban Management and author of Order Without Design: How Markets Shape Cities. 'But we are dealing with a lot of data, which are not very clear. [Government] might be tempted to make a deal that will be to the detriment of the maintenance of the city.'"
School News

In a Q&A interview, NYU Associate Vice President for Career and Leadership Development Bethany Godsoe shares how Stern helps its undergraduate students prepare for career success, citing the Undergraduate College’s 98% employment placement rate

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Excerpt from Poets & Quants -- "Student success today is also very different. We are training students for more diverse industries, dynamic workplaces, and economies. Students need to be more adaptive and global in outlook than ever before, and it’s exciting for me to bring my leadership development skills to NYU. Having a global orientation will help the student to succeed not just in college, but all throughout their career in a rapidly changing environment."
Business and Policy Leader Events

NYU Stern's "In Conversation with Lord Mervyn King" Series Presents Anna Wintour

Anna Wintour (left) in conversation with Lord Mervyn King (right)
On November 6, NYU Stern hosted the latest installment of the "In Conversation with Lord Mervyn King" series featuring Anna Wintour, editor-in-chief, Vogue, and artistic director, Condé Nast.
Research Center Events

Executive Education Short Course: Finance and Accounting for Non-Finance Executives

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This program equips executives with a general understanding of accounting and financial principles as they relate to organizations' operations and decision-making processes.
Faculty News

Professor Joe Foudy is interviewed about how the midterm election results might impact international trade

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Excerpt from euronews -- (translated from Spanish using Google Translate) "Foudy believes that if Trump loses the mid-term elections, a quick deal with Europe would be possible: 'Most trade negotiations are measured in years, sometimes in decades and not in months... I believe that if the President feels hurt in these elections, Europe could really see an opportunity to close a deal and see it in the next 3 or 4 months on the most favorable terms.'"
Faculty News

In an op-ed, Professor Suraj Patel argues that businesses in the private sector should do their part to foster voter turnout

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Excerpt from Crain's New York Business -- "This is tremendously important, not just because it gives employees the time and flexibility to vote, but because it provides them with another nudge that it's Election Day. When your CEO emails you and sends a calendar invite about the importance of voting, you get the message."
Research Center Events

Innocence Project Attorney Seema Saifee and Exoneree Darryl Howard Speak to Stern Undergraduate Students

Matthew Christian, Soreti Teshome, Darryl Howard, Seema Saifee, Professor Bruce Buchanan
NYU Stern’s Business & Society Program hosted Innocence Project Staff Attorney Seema Saifee and Darryl Howard, who was exonerated after serving 24 years for a wrongful murder conviction, this fall.
School News

Stern is recognized for its best MBA graduate employment rate in five years for the graduating Class of 2018, along with salary and bonus increases, in a feature story

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Excerpt from Clear Admit -- "NYU Stern School of Business released its 2018 MBA Employment Report at the end of last month, revealing that more graduates in the Class of 2018 had accepted full-time job offers three months after graduation than anytime in the past five years. Not only that, many recent grads reported a large jump in salary and bonuses."
Faculty News

Professor Lawrence White discusses why Wall Street and tech companies donate money to democratic political candidates

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Excerpt from InsideSources -- "'Money gets you access,' said Lawrence White, professor of economics at New York University’s Leonard N. Stern School of Business. 'Even if it comes a Democratic Congress, and there’s financial reform regulation on the table, the Wall Street guys want to be able to talk to the staff of the Senate Banking Committee and the House Financial Services Committee,and just point out, here are the implications [from our end].'"
Faculty News

Professor Melissa Schilling weighs in on what Tesla needs from its new chairman

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Excerpt from Forbes -- "'Given Tesla's struggles to scale production of the Model 3, someone with deep experience in managing large-scale, high-tech manufacturing and the associated supply chain might be extremely valuable for the board,' said Melissa Schilling, an innovation and strategy professor at New York University who has followed Tesla and SpaceX very closely and served on the National Academy of Sciences committee on 'Overcoming the Barriers to Adoption of Electric Vehicles.'"
 
Faculty News

Professor Scott Galloway's blog post on the connection between digital media and mental health problems, referencing Professor Jonathan Haidt’s book, “The Coddling of the American Mind,” is featured

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Excerpt from MarketWatch -- "I believe the real fire starter is the tobacco of our generation, social media, and the algorithms that have determined that the path to more engagement, clicks, and Nissan ads is paved in rage. The algorithms sense if you lean left or right, then begin shoving you to the poles and serving you increasingly provocative and extreme content you can’t turn away from, to scratch a tribal itch."
 
Faculty News

Professor Anindya Ghose highlights the advantages of a retailer like Walmart using virtual reality to train its in-store employees

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Excerpt from Digiday -- "'It’s costly to create an environment for training that doesn’t happen that often,' said Ghose. 'You’re trying to train employees for some weather-related disaster, so creating an environment like that in the real world is going to be tricky or expensive. So, why not have employees simulate that? In this way, you save a bunch of money.'"
Faculty News

Professor Michael Spence explains why he believes the US-China trade negotiations will continue for some time

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Excerpt from CNBC -- "'I think nobody knows what they (the U.S.) would view as a successful conclusion including, by the way, the Chinese. There is some confusion about the more precise aims of what this exercise are,' he said."
School News

Assistant Dean of Career Services Beth Briggs cites the best employment rate in five years among recent full-time MBA graduates in a feature story on MBA recruitment and career trends at Stern

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Excerpt from Clear Admit -- "'While the top three industries employing Stern students are consulting, investment banking, and tech, graduates are pursuing roles in a range of diverse areas including growing industries like fintech,' explained Briggs."
School News

Professors Kathleen DeRose and David Yermack are quoted in a trend story highlighting Stern's strength in Fintech

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Excerpt from BusinessBecause -- "Kathleen DeRose, clinical associate professor of finance at NYU Stern School of Business in the US, says: 'Fintech is one of the fastest growing segments of the economy, and students will need an understanding of data science to be prepared for the future of work.' ... 'We are now seeing markets being recreated by machine learning, artificial intelligence, and decentralized consensus systems. It is an exciting and very interesting time.' [says Yermack]."