Experience Stern | News & Events

Excerpt from Chemical & Engineering News -- "The monthly number of deals raising venture capital for young and start-up companies dropped 38% for the two months starting March 4, as compared with the four months before the COVID-19 crisis, according to a recent Harvard Business School study from Sabrina Howell of New York University, Josh Lerner of Harvard University, and colleagues."

Excerpt from Bloomberg -- "Former central banker Viral Acharya warned against the Reserve Bank of India monetizing the government’s budget deficit, citing risks to inflation and external sector stability. 'Adopting this approach is also deeply flawed,' according to excerpts from Acharya’s soon-to-be-released book: ‘Quest for Restoring Financial Stability in India.’ It 'would mean regressing to errors of the 1970s and 1980s.'”

Excerpt from BBC -- "Mid-1990s globalization was also a major catalyst that 'made ecommerce a viable and highly profitable selling channel', says Thomaï Serdari, adjunct professor at New York University's Stern School of Business. The connected world enabled production to scale up quickly and significantly, for products at many price tiers. 'Consumers were eager to find either the best or the most acceptable quality product at the prices they could afford. The internet gave them the tool to conduct extensive research before purchasing an item. It also gave them the insights on how to evaluate the price-to-value ratio and finally the means to purchase.'"

Excerpt from Poets & Quants -- “My proudest achievement during my time in Stern’s Executive MBA: Washington, D.C. Program has been consistently learning and immediately applying the knowledge Stern gave to me, whether it was strategy, analytics, finance, or leadership. It really made me feel that the program was a worthy investment, especially as I elevated my game. It also felt very good getting strong grades in a lot of the courses that I didn’t appreciate as much from undergrad now that I had more than a decade of professional experiences, especially in accounting, statistics, and finance.”

Excerpt from The Economist -- "As banks have grown risk-averse, non-banks, often tech-savvy, are stepping up. 'When you regulate the banks and you leave the rest of the financial system more lightly regulated, there will be regulatory arbitrage,' says Richard Berner of New York University. 'But technology has also facilitated a shift because, particularly in the past decade, it has promoted the growth of payments and of bank-like activities outside the banking system.'

The Fed was able to soothe investors through the power of its announcements; it has so far lent only $100bn through its schemes. But Stephen Cecchetti and Kermit Schoenholtz, two scholars, have calculated the scale of each of the implicit guarantees."

Excerpt from The Tribune-Review -- "A new study shows more people across the country choosing to share their phone’s location data during the pandemic, allowing entities to more easily track the pandemic."

Excerpt from Yahoo Finance -- "Steven Altman, NYU Adjunct Assistant Professor joins the On the Move panel to discuss the impact on COVID-19 on globalization."

Excerpt from European CEO -- "Gavin Kilduff, an associate professor of management and organisations at the New York University Stern School of Business, has spent years studying why rivalries develop and how they affect decision-making. He’s discovered that a bit of healthy competition is no bad thing. 'Rivalry can absolutely serve to increase motivation and productivity,' he told European CEO."

Excerpt from Adweek -- “'This is not the first time that this kind of issue has come up, and it wont be the last,' said Lawrence White, professor of economics at NYU’s Stern School of Business, who previously served in the antitrust division of the DoJ. 'All it takes is one major antitrust authority to say, ‘We see a problem,’ and the merger is dead,' White added."

Excerpt from Poets & Quants -- "A few schools report the number of tech hires from each graduating MBA class by specific firms, among them NYU Stern School of Business, which sent nine MBAs to Amazon in 2019, as well as six to Google, four to Microsoft, and three to Facebook."

Excerpt from Bloomberg -- "NYU Stern School of Business Professor of Business Aswath Damodaran examines the European equity market in light of the European Union’s stimulus package worth 750 billion euros ($860 billion)."

Excerpt from Vox -- "American ethos has long rested on meritocracy, the belief that entrepreneurial success and corresponding upward mobility depend solely on the ability to work hard and hustle. 'Some of the greatest entrepreneurs and successful business people started poor,' says Ari Ginsberg, a professor of entrepreneurship and management at NYU Stern School of Business. Ginsberg and others believe the key to success lies in the ability to bootstrap, or be resourceful enough to secure loans, venture capital, office space, and whatever else you might need to launch. There’s also an intangible 'it” factor; it helps to be seen as “someone who has the tenacity, the ability, the capability to do all the things you need to do,' Ginsberg says."

Excerpt from BNN Bloomberg -- "Edward Altman, NYU Stern School of Business professor and creator of famed Altman-Z-Score model for bankruptcy prediction, joins BNN Bloomberg to discuss the rise of corporate bankruptcies and the need for firms who file for insolvency must have a strategy for restructuring."

Excerpt from Financial Times -- "NYU Stern and IRI previously found that sustainability-marketed products drove almost 55 per cent of the growth in consumer packaged goods between 2015 and 2019, growing over seven times faster than products that make no such claims despite commanding an average price premium of 39 per cent."

Excerpt from The Philadelphia Inquirer -- "That is the most appalling part of the report,' notes Michael Posner, the former assistant secretary of state for democracy, human rights, and labor under President Barack Obama. 'Look at Xinjiang, Hong Kong, Hungary, the Philippines, and Saudi Arabia,' Posner told me. Indeed, the list goes on and on of places where Trump has failed to raise human rights issues with autocratic leaders he favors, even as he critiques such violations in countries he dislikes, such as Venezuela, Iran, and Cuba."

Excerpt from Adweek -- "Big Tech has negotiated rules and engagement that favor them. It weakens the entire experience, or makes the experience less effective or less revealing. It’s safety in numbers. They shouldn’t have done all four at the same time. To call in all of Big Tech is a bit reductionist—the issues facing Apple are different than the issues facing Facebook."

Excerpt from Reuters -- "'This is an exciting development--financial institutions need to better assess the emissions associated with their financing and Morgan Stanley, together with the other financial institutions engaged in the initiative are working toward developing a common methodology which will enable transparency and accountability,' said Tensie Whelan, director of the NYU Stern School of Business's Center for Sustainable Business."

The student-led NYU Impact Investment Fund (NIIF) has successfully completed its second investment with a $25,000 investment in SmartGurlz, whose mission  is to engage elementary school aged students, in particular girls who are currently underrepresented in STEM (Science, Technology, Engineering and Math), to learn skills in coding.

Excerpt from Business Insider -- "Entrepreneurship, in particular, is predicated on the practice of identifying customer needs and solving them with some heightened level of e ciency. As COVID-19 has dramatically altered the needs of customers and the abilities of businesses, entrepreneurship professors have been taking notes and amending their curriculums. Business Insider spoke with Ari Ginsberg, a professor of entrepreneurship at New York University's Stern School of Business, to finnd out how he is tweaking his syllabus to reaect the changing nature of entrepreneurship.

Excerpt from Bloomberg -- "Still, it’s worth reverting to Ron Chernow’s biography, on which Miranda's musical was largely based, as well as to the leading historian of early American finance, Richard Sylla, to get the details right. Hamilton himself was a serious student of financial history, and had drawn the correct conclusion that the U.S., heavily indebted after winning its War of Independence, needed to 'restore public credit' by establishing a consolidated public debt, consisting mostly of long-dated bonds, on the British model."

Excerpt from Poets & Quants -- "In my professional position and now 47 years of age, gains in the number of friends one makes in a year frequently can be counted on one hand. Yet in business school, not only had I surrounded myself with over 60 incredibly smart, talented, and ambitious people who offered generosity of time and insight to me professionally, I’ve developed deep, enduring friendships with people who I never would have met had I not joined the NYU Stern Class of January 2020."

Excerpt from Clear Admit -- "Unique among business schools, the year-long course includes all-day sessions every eight weeks along two tracks: Life Sciences and Deep Tech. Startups from around the world apply to join the program where they are given the opportunity to be mentored by world-class scientists, investors, and entrepreneurs. Startups are given goals at each session and those who fall short are given feedback and cut. As an MBA student, you start the course by developing a framework and interviewing startups to help recommend which should be admitted. Afterward, each student is paired with a startup to work directly with the Founders on critical projects and participate in the all-day EFL meetings. One meeting that stood out to me was a pharmaceutical venture investor who told my startup, 'your business model gives control to the customer. You need to rethink the business model.' It was honest feedback that I had never considered."

Excerpt from The Local Maximum podcast -- "Max checks in with Kristen Sosulski, NYU Professor and Author of Data Visualization Made Simple. They discuss some of the basic principles of data visualization, and some common approaches and pitfalls."

Excerpt from Cheddar -- "Vasant Dhar, professor at NYU Stern's Center for Data Science and founder of STC Capital Management, discusses the risks of 'easy' day-trading and how young investors can be smart about their choices."

Excerpt from New York Magazine -- "I think Peacock is going to struggle. First of all, it’s late to the game. A lot of people have spent a lot of money and a lot of time and are … I don’t want to say they’re sated on content, but content consumption has gone up dramatically during the pandemic. Peacock does have some unique attributes. One is that it believes — and is probably correct — that the whole world can’t go to subscription, that there is a large market for people who are fine with advertising for free. But I think its pricing strategy is confusing."