Experience Stern | News & Events

Excerpt from Kanka News -- (Translated from Chinese using Google Translate) "New York University Business School professor Alvin Lieberman said, 'Netflix relies mainly on getting quality content from others, and now we can see that Disney is expected to surpass Netflix, because Disney owns the companies that create content.'...Samuel Craig, another professor at New York University's business school, pointed out that Disney's long-term success is highly probable, but it still requires a lot of capital investment in the early stage, and it will cost a lot of time. 'This is a war of burning money, especially at the beginning. Disney will lose a lot of time at the beginning, because there will be a lot of upfront investment. The accumulation of consumers will be relatively slow, and users will not start to flock.'"

Excerpt from The Sun Daily -- "According to the World Bank’s Ease of Doing Business 2019 report, the country ranked 15th among 190 economies worldwide and it had maintained a strong position in the DHL Global Connectedness Index (GCI), ranking second in Southeast Asia and 12th out of 169 countries for trade connectivity."

Excerpt from The Telegraph -- "'Photo taking enhancing visual details but takes away from auditory details: people will remember what they saw, but fewer details about the facts they learned, or what the tour guide said,' she says."

Excerpt from The Economist -- "Joshua Ronen, an accounting professor at New York University’s Stern School of Business, has reviewed GE’s official filings about its holdings in Baker Hughes and found them 'confusing'."

Excerpt from The Hill -- "'The Russians wanted to get Donald Trump elected,' Barrett said. 'I assume the Chinese would ... go against Trump because they’re not very fond of him.'"

Excerpt from O Globo -- (translated from Portuguese using Google Translate) "Studying the impact of knowledge on growth, American Paul Romer - one of the 2018 Nobel Prize winners of economics - sees social skills as one of the trump cards of the future job market. But the New York University professor thinks these skills are neglected by schools and businesses, and may be undermined by children's exposure to digital-mediated interactions. For him, investing in human capital is the way to reduce inequality."

Excerpt from Fox Business -- "'I think we've passed the tipping point of negative publicity on Facebook,' said Arun Sundararajan, a professor at New York University’s Stern School of Business. 'Users are likely getting immune to new reports relating to privacy or bias, so it is possible that Facebook is over the most challenging phase on this front. As the antitrust cases against Facebook pick up steam, they are likely to become the primary investor focus.'"

Excerpt from MetroMBA -- “Stern has always been an early adopter. We were among the first programs to accept the GRE a decade ago, and now we are excited to add the EA to our full-time MBA admissions process. As a school on the move, we recognize that business is rapidly evolving, and we’ve responded with new program options as well as innovations in our admissions process, such as the EQ Endorsements, to ensure we are assessing talent for today’s changing workforce.”

Excerpt from Harvard Business Review France -- (translated from French using Google Translate) "Jonathan Haidt of the Stern School of Business at New York University also showed that when their leaders show the spirit of sacrifice, employees are touched and feel inspired. As a result, they are more loyal, involved and willing to make efforts to help and be friendly with their colleagues."

Excerpt from The Wall Street Journal -- "The Markopolos group’s critique was based on GE’s prior statements on the matter in securities filings, which were 'confusing,' said Joshua Ronen, an accounting professor at New York University’s Stern School of Business who reviewed the filings."

Excerpt from Coin Telegraph -- "The existence of private decentralized cryptocurrencies like Bitcoin (BTC) has a healthy impact on governments’ fiscal and regulatory policy, a new analysis contends. The argument was put forth in a paper published on Aug. 16 by Max Raskin (NYU School of Law), Fahad Saleh (McGill University) and David Yermack (NYU Stern), entitled 'How Do Private Digital Currencies Affect Government Policy?'"

Excerpt from Poets & Quants -- "According to Executive Director of MBA Admissions Rabia Ahmed, 'Stern has always been an early adopter. We were among the first programs to accept the GRE a decade ago, and now we are excited to add the EA to our full-time MBA admissions process. As a school on the move, we recognize that business is rapidly evolving, and we’ve responded with new program options as well as innovations in our admissions process, such as the EQ Endorsements, to ensure we are assessing talent for today’s changing workforce.'"

Today, New York University Stern School of Business announced that candidates applying to the School’s full-time MBA programs can now choose to take the Executive Assessment, designed by the Graduate Management Admissions Council (GMAC), to fulfill the application’s standardized test requirement.

Excerpt from Welt -- (translated from German using Google Translate) "In a recently published study, they correct the data series for three possible confounding factors - and come to twelve countries, including the US, France and Germany to a clear conclusion: 'We find no general decline in the wage share in our sample of highly developed economies.'"

Excerpt from Fast Company -- "'The great thing about this compared to having a startup where you’ve got to build an audience and sell eyeballs is, this is a transaction,' says Paul Hardart, director of the entertainment, media, and technology program at New York University Stern School of Business. 'There is a real business model.'"

Excerpt from The New York Times -- "In their study of female entrepreneurs, the social scientists Matthew Lee and Laura Huang found that venture capitalists were more likely to fund companies led by women if those companies were presented as having a social impact. This provides a 'cover' that helps women overcome the perceived mismatch between the stereotypes of the good, community-focused woman and the hard-driving entrepreneur."

Excerpt from Barron's -- "ESG [environmental, social, and governance factors] is becoming part of investors’ understanding of risks and opportunities for business, and the regular way in which they analyze companies. That continues regardless of what’s happening in the markets. Something like 50% of growth in the CPG [consumer packaged goods] sector comes from sustainability marketed products. This is not a short-term thing; it’s an ongoing shift in consumer behavior, business behavior, investor behavior."

Excerpt from Bloomberg -- "Locast is a wonderful solution. It works. But it is a threat... let's talk about the timing. CBS was negotiating its re-transmission fees... Guess when it was solved. The opening day of the NFL is September 5th. And if you're watching CBS and you sat down in front of your television at 1 o'clock on September 8th and you're in Baltimore and the Ravens don't come on, that's a problem."

Excerpt from CBC -- "A lot of different people have different conceptions of what this term [i.e. the sharing economy] means. I define it pretty broadly. I define it as any new way of organizing economic activity that uses a digital platform to tap into the time and assets of a distributed group of people. So Airbnb, for example, offers an alternative to traditional hotels, not by building hotels, but by connecting to millions of people who are willing to host a guest for a few days, either in a spare bedroom or by handing over their apartment to them for a few days."

Excerpt from NBC News -- "It's not everywhere. It's not a national crisis. But it is a severe problem at many of our most important schools. Students routinely say they're afraid to speak up. And if you keep your eye on the self-censorship, rather than the shout-downs, then I think it is a crisis."

Excerpt from Knowledge@Wharton -- "Up till now, it's been easier to fuzz it up and—with tariffs on steel and aluminum, you know, economists, other trade-oriented people, understand that's going to basically work it through to... final prices. But now we've got the tariffs on the final goods themselves. Mr. Trump is trying to play both sides of the street by saying he still doesn't think that... he still believes that China is paying, but just in case, and so he's playing both sides of the street."

Excerpt from CNN -- "The new card is unlikely to 'make a big dent in Goldman's financial position or even its public image,' said Lawrence J. White, economics professor at New York University Stern School of Business. 'There would have to be a lot of defaulting on the debt before this can become a big problem for Goldman and it doesn't appear that that's where they are going.'"

Excerpt from Reader's Digest -- "Bad drivers think they’re good drivers. Awful cooks think they can host Thanksgiving dinner. A bad manager thinks he’s a leader, oblivious to his poor managerial skills. A tone-deaf singer thinks she’s as talented as a Grammy winner. This is Dunning-Kruger in action."

NYU Stern launched a new Diverse Pathways in Academia program for future professors in their penultimate doctoral year, with the mission of educating PhD students about faculty careers within business schools. The program invites scholars to participate in the initiative free of charge.

Excerpt from The Cut -- "'Anything you can do to minimize the amount of self-control you need to exert is a good thing,' Alter says. 'If you can make hard and fast rules that guide your purchasing behavior, but also license you to do it occasionally, you may have an easier time keeping it under control.'"