Experience Stern | News & Events

Excerpt from BBC -- "'Obama mixes couture with items anyone can buy at a mall - she famously wore J Crew gloves while holding the Lincoln Bible at the Inauguration. Consumers flock to the stores, and even if they don't buy what she wears, they often leave with something else,' [Yermack] wrote."

Sallie Krawcheck, CEO and Co-Founder of Ellevest and Chair of Ellevate Network, to Keynote NYU Stern School of Business 2018 Graduate Convocation.

 Taught by industry and academic leaders David Yermack and Kathleen DeRose, this course equips participants with an understanding of key FinTech concepts, strategies and implications.

Excerpt from the Los Angeles Times -- "Nicholas Economides, an economist at New York University, said that for a market to be considered truly competitive, it should have at least 10 players. 'In the case of the wireless market," he said, "we're already talking about an oligopoly. So a merger would just make an even more concentrated oligopoly.' Going from four to three players, Economides said, 'makes it extremely likely prices will be higher.'"

Excerpt from The Wall Street Journal -- "Nine tech companies, including Alphabet Inc. and Tencent Holdings Ltd. , are largely deciding the direction of artificial-intelligence research and implementation, said Amy Webb, founder of the Future Today Institute. 'There’s no switch, and nobody is in charge,' Ms. Webb said."

Excerpt from Marketplace -- "The first thing that they get out of this is a cool 7 billion dollars...The ability to reach markets that they otherwise would not be able to distribute to and market in."

Excerpt from STAT -- "Our research, which is forthcoming in the Journal of Consumer Psychology, suggests that we should not dismiss calorie labeling just yet, and that a trivially simple intervention can considerably increase the impact of calorie labels on consumers’ food orders."

This program is designed to help executives leverage analytics to improve their decision-making skills across their organization. Through a combination of discussion, simulation and experiential exercises, participants will develop a clear understanding of what decisions analytics can help them make, and the best way to transform analytics insights into strategies.

Excerpt from the Financial Times -- "A thorough understanding of the digital world is essential for those going into finance, she adds. Banks are interested in building new strategies based around machine learning and other technological breakthroughs. 'The skills they want are digital, such as data analytics and AI,' Ms Briggs says. One of the reasons the banking sector continues to accept a large proportion of Stern graduates is that the school can provide connections with alumni working in the sector. 'We have very deep relationships,' Ms Briggs says."

Excerpt from the Financial Times -- "A thorough understanding of the digital world is essential for those going into finance, she adds. Banks are interested in building new strategies based around machine learning and other technological breakthroughs. 'The skills they want are digital, such as data analytics and AI,' Ms Briggs says. One of the reasons the banking sector continues to accept a large proportion of Stern graduates is that the school can provide connections with alumni working in the sector. 'We have very deep relationships,' Ms Briggs says."

Excerpt from Barron's -- "...in the case of companies like WeWork, which is privately held, he thinks the problem isn’t the metrics but the fact that the company is issuing bonds in the first place. 'You should never be buying bonds in a start-up,' Damodaran says."

Excerpt from CBC -- "Engle said much of the world economy is dependent on open access to world markets. 'If we start putting on tariffs, all these business arrangements are going to be disrupted,' he said. 'I think there is a big concern by the financial sector and the real economy that this would be very costly for everybody.'"

Excerpt from Knowledge @ Wharton on Sirius XM -- "I see it as a very favorable strong report. Adding 164,000 jobs, that ain't chopped liver as my grandmother might have said, and the unemployment rate down to 3.9 percent...[the] lowest in almost 20 years, since the year 2000. The one puzzling thing is that the labor force participation rate went down. We would have expected with tighter labor markets for that participation rate to go up as employers reach deeper into the pool of the not-in-the-labor-force and try to train or accommodate or find employees in that labor group."

A team of MBA students from the NYU Stern School of Business took top place in The Aspen Institute’s 2018 Business & Society International MBA Case Competition. The Stern team, including Christopher Blackett (MBA/MPA ’19), Yen Chiang (MBA ’19), Rebecca Haverson (MBA ’19) and Sophia Valner (MBA/MPA ’20), placed first out of a total of five finalist teams.

At the conclusion of an eight-month competition, NYU’s most promising innovators received a combined $300,000 in startup cash and valued services at the annual $300K Entrepreneurs Challenge, held by NYU Stern’s W. R. Berkley Innovation Labs. The four winning teams were chosen after pitching their ideas and enduring Q&A by judges from venture capital, technology and design, and social enterprise sectors.

Excerpt from PsychCentral -- "'I don’t say photo taking is bad or good because it depends on your goal,' says Barasch. 'If your goal is to focus on the visual, photography does a lot to draw you in. But if you are taking photos for other goals, you may be missing out on cues in your environment.'"

Excerpt from Dallas News -- "There are two persistent themes repeated on NRA TV that are classic marketing tactics — fear and patriotism, Winer said. Those are powerful signals to people who are already disposed to watching NRA TV. 'Obviously, not everybody feels, even among gun owners, that if you take away, say, AR-15s, there's going to be a slippery slope to killing the Second Amendment,' Winer said. 'But if you hammer it home relentlessly, you might have an impact on that group.'"

Excerpt from WIRED -- "New York University Stern School of Business professor Arun Sundararajan says the gig economy will survive, but prices will be higher, at least in California, and push companies to adopt more automation. 'It doesn't threaten the long-term viability of businesses as a whole, but I think it will shrink their market in the short term because it will decrease sales,' Sundararajan says."

Excerpt from CNBC -- "This is an incredible brand. It's a luxury brand that pulled the ultimate gangster move that created more shareholder value than any other business move. And that was the crazy irrational decision to reallocate money out of advertising and open stores."

As Craigslist expanded across the United States, the free classifieds website also bolstered the sex industry, according to a new study by researchers at the University of Minnesota Carlson School of Management and the New York University Stern School of Business.

On May 1, NYU Stern’s Center for Sustainable Business will host fireside chat featuring Bryan Garcia (MBA ’04), President and CEO of Connecticut Green Bank, and Professor Tensie Whelan.

On Tuesday, May 1, NYU Stern’s Business & Society Program (BSP) and Center for Sustainable Business (CSB) co-hosted the 2018 Ashok C. Sani Distinguished Scholar-In-Residence Lecture, delivered by Alan Murray, Chief Content Officer of Time Inc. and President of Fortune.

Excerpt from Bloomberg -- "We teach truth and we teach facts, we teach logic and right now, the key things we are talking to our students about in economics is number one, the world has gotten a lot better economically in the last thirty years because of free trade. So we got to continue to have open borders, we have to think about the fact that the U.S. economy is now roughly 25 percent of global GDP but only 5 percent of global population, that doesn't happen without free trade."

Excerpt from The Chronicle of Higher Education -- "Jonathan Haidt and Sean Stevens wrote in a pair of posts on the site in mid-March that concern is warranted and that attention should be paid to the younger generation of college students because of their changing attitude toward free speech on campuses. Haidt, who is a professor in the school of business at New York University, told The Chronicle on Monday that those who deny there has been a major shift in students’ attitudes have made a good contribution to the debate."

Excerpt from CNBC -- "I think the market got it right, that the deal is unlikely to be done. The deal is very likely to increase prices for all consumers and it's very likely that the Department of Justice is going to try to intervene and stop the deal. It's very hard to go from four companies to three companies without prices increasing."