Faculty News

Professor Jonathan Haidt's remarks at Heterodox Academy's Open Mind Conference are highlighted

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Excerpt from The Chronicle of Higher Education -- "'We’re on a ship, the ship is kind of going down, and rather than fighting with each other, we actually can work together and patch it up,' Haidt said. 'It’s a pretty good ship, other than it’s sinking.'"
Faculty News

Professor Arun Sundararajan discusses the economic implications of the Supreme Court’s recent online sales tax ruling

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Excerpt from Nightly Business Report -- "I think they are going to start seeing it very soon especially if you shop through retailers like Etsy or Wayfair. I think Wayfair is probably one of the biggest losers here. They are a site that advertises themselves as a place where you don't have to pay sales tax. Amazon is probably going to see some impact but they are big enough to be able to absorb any loses that come from their sellers having to charge sales taxes. This certainly shifts the power in the online retail space away from the smaller players and toward the bigger players."
Faculty News

Professor Kim Schoenholtz shares how banks have grown since the financial crisis

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Excerpt from The New York Times -- "'The banking system usually looks at its greatest health at the top of an expansion,' said Kim Schoenholtz, a professor of the history of financial institutions and markets at New York University’s Stern School of Business."
Faculty News

Professor Anindya Ghose comments on Facebook's effectiveness as a crowdfunding platform

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Excerpt from The Wall Street Journal -- "'An average Facebook user logs in multiple times a day…and if [the campaign] is right up in your face every time you log in, the probability you see it is high,' Mr. Ghose said. 'So I give a lot of credit to a platform like Facebook for amplifying content like this.'"
School News

Executive MBA student Nate Kimball is named to the 2018 "Best & Brightest Executive MBAs" list

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Excerpt from Poets & Quants -- "I’m most proud of completing the federal regulatory approval process for the LaGuardia Airport Central Terminal Building Redevelopment Program. It allowed financing and construction of a $4 billion terminal program to move forward, and through the approval process we were able to incorporate some of the most ambitious sustainability commitments of any airport terminal in the country."
Faculty News

Professor Kathleen DeRose discusses how wealth managers can utilize AI

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Excerpt from InvestorDaily -- "According to her, they are concerned with the central question: '"How do they successfully operate a hybrid model where clients with large portfolios and complex situations can still receive the personal touch?"'"
School News

Beth Briggs, Assistant Dean of Career Services, discusses MBA hiring trends

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Excerpt from the Financial Times -- "'For international students, we advise a bit more strategy during the career-planning phase, including understanding variables that can be controlled and those that can’t,' she added."
Faculty News

Professor Batia Wiesenfeld is interviewed about GE's removal from the Dow Jones Industrial Average

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Excerpt from Marketplace -- "GE was representative of America, of that whole post-war America as this industrial behemoth."
Faculty News

Professor Thomaï Serdari is interviewed about Tiffany's millennial-focused rebranding

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Excerpt from CNNMoney -- "The company is embracing a trend, said Thomai Serdari, a strategist in luxury marketing and branding who teaches at NYU's Stern business school: 'Cool is the new proper.'"
School News

Executive MBA student Nina Alexandrova is named to the 2018 "Best & Brightest Executive MBAs" list

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Excerpt from Poets & Quants -- "Being a single mom of a teenage daughter, full-time physician, and executive MBA student is a real challenge. I learned to prioritize and structure my time efficiently so every minute is used with purpose."
Faculty News

Professor Nouriel Roubini comments on trade tensions between the US and China

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Excerpt from CNBC -- "'The two key elements of global growth have remained the U.S. and China, and now the U.S. and China are on the verge of a trade war,' he said. 'There are actually signs of a slowdown of global growth in emerging markets, and the Fed keeps on tightening. So, this is a moment of some degree of fragility.'"
Faculty News

Professor Vasant Dhar is interviewed for a feature story on robo advisers

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Excerpt from The Wall Street Journal -- "'A robot has no consciousness, no ethics,' says Vasant Dhar, a professor of information systems at New York University’s Stern School of Business who runs a robo adviser for institutional investors. For a robo to qualify as a fiduciary, 'you’d have to have a machine that has a strong moral code and understands the implications' of violating it, such as a regulatory fine or lawsuit, he says."
Faculty News

Professor Aswath Damodaran is interviewed about the performance of technology stocks

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Excerpt from CNBC -- "I think in a strange way these stocks are benefiting from the big tech companies succeeding as much as they have, because almost all of these stocks have come into play and some of the price you see in there is almost an acquisition premium that you're paying so you are hoping that these stocks will be taken over by somebody else in that war for tech. So I think that there is a point in which you have to ask, are these companies becoming too large to be acquisition targets."
Faculty News

Professor Beth Bechky's joint research on how women are judged differently than men for expressing emotion at work is featured

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Excerpt from Quartz -- "Our research showed that women feel the same emotions as men in the workplace, but they are often penalized because the 'expression' of those emotions is crying versus an alternative reaction (e.g., raising one’s voice or pounding on a table in frustration)."
Research Center Events

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

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Starting with a review of financial data in a company's annual report and accounting statements, participants will gain a well-rounded understanding of how basic accounting information may be used in communicating with financial managers, as well as to assess a firm's future prospects and value.
Faculty News

Professor David Yermack is interviewed for a feature trend story on cryptocurrency education in business schools

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Excerpt from the Financial Times -- "'This is moving much faster than people expected. Business schools will have no choice but to update curriculums,' says David Yermack, professor of finance and business transformation at the New York University Stern School of Business."
Faculty News

Professor Edward Altman's Z-Score research is mentioned

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Excerpt from the Financial Times -- "To gauge relative performance, they compared baskets of stocks with the best and worst scores on a credit-quality test published in the late 1960s by New York University finance professor Edward Altman."
Faculty News

Professor Jonathan Haidt's work with Heterodox Academy on viewpoint diversity is featured

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Excerpt from The Wall Street Journal -- "Rather than promoting a 'common-enemy identity politics' that admonishes white people and others with 'privilege,' Mr. Haidt said Friday, professors and administrators should embrace a 'common-humanity identity politics.'"
Faculty News

Professor Nicholas Economides shares his views on the AT&T-Time Warner trial and ruling

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Excerpt from The Wall Street Journal -- "'AT&T did practically everything right, and the Justice Department did everything wrong,' said Nicholas Economides, a professor of economics at New York University’s Stern School of Business who watched part of the trial."
School News

Stern’s $300K Entrepreneurs Challenge and Mobile App Contest, "Mission: Appossible," both held by the W. R. Berkley Innovation Labs, are highlighted

Excerpt from American Entrepreneurship Today -- "The $300K Entrepreneurs Challenge finals were the culmination of the eight-month competition that began the prior fall with the registration of over 600 students, faculty and alumni drawn from 17 schools across NYU’s global network. Over two hundred teams were then formed, receiving tutoring and mentoring over the following months.In addition to the Challenge, the winner of Stern’s W. R. Berkley Innovation Labs Mobile App Contest was announced, who will have their app fully developed---awarding them a prize valued at $75,000." 
 
Faculty News

Professor Lawrence White shares his analysis of the Federal Reserve's interest rate increase and the economy's strength

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Excerpt from Bloomberg -- "...We have a strong economy but it doesn't seem to be exploding. You never know, Middle East tensions, the Middle East going up in flames, something like that could cause an explosion but absent that it is pretty much steady as she goes. The interest rate increase announced today, not unexpected, and the fact that we are going to have a few more later this year, again, not a big surprise."
Faculty News

Professor Anindya Ghose is interviewed about how blockchain technology can benefit marketers

Excerpt from NASDAQ -- "...Ad fraud and high frequency of targeting of irrelevant ads are pain points. What the Blockchain will do is, because of its transparent ledger system it will actually enable both the pain points to be addressed."
Faculty News

Professor Thomas Philippon and PhD student Germán Gutiérrez's joint research on competition in European financial markets is featured

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Excerpt from The Wall Street Journal -- "'Today, European markets have lower concentration, lower excess profits, and lower regulatory barriers to entry,' Germán Gutiérrez and Thomas Philippon write in a National Bureau of Economic Research working paper."
School News

Beth Briggs, Assistant Dean of Career Services, highlights data analytics as a growing functional role for MBAs

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Excerpt from BusinessBecause -- "Companies across sectors increasingly understand the value MBAs can bring to their organizations in data analytics roles. These roles are a way for MBAs to combine their quantitative and research skills with their deep business understanding to develop innovative data-driven solutions."
Faculty News

Professor Robert Seamans' joint research on Craigslist's impact on the newspaper business is referenced

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Excerpt from AM New York -- "A 2013 study by Robert Seamans, of the NYU Stern School of Business, and Feng Zhu, of the Harvard Business School, showed classified-ad buyers saved $5 billion between 2000 and 2007 while local newspapers lost billions in potential revenue."