Faculty News

Professor Justin Kruger's joint research on email communication is referenced

New York Magazine logo
Excerpt from New York Magazine -- "In one study led by the NYU marketing professor Justin Kruger, Epley and his colleagues asked participants to write pairs of sentences — one serious, one sarcastic — on various topics and email them to another subject, who would guess which was which. Senders estimated the sarcastic sentence would be misidentified only 3 percent of the time. Instead, recipients got it wrong five times as often."
Faculty News

Research from Stern's Center for Business and Human Rights on migrant labor is featured

fast codesign logo 192 x 144
Excerpt from Fast Co.Design -- "Segall and Labowitz spent 18 months compiling their report, published this week by the Center for Business and Human Rights at NYU’s Stern School of Business. They spoke with workers, recruitment agents, contractors, clients, and more. What they uncovered was a startling globe-crossing network in which poor workers actually end up paying to be recruited, and more."
School News

Isser Gallogly, Associate Dean of MBA Admissions and Program Innovation, is interviewed about Stern's Berkley Scholars program ​for high potential college seniors seeking an MBA​

U.S. News and World Report logo
Excerpt from US News & World Report -- "'There are some applicants to an MBA program who are extremely motivated, who have a very high potential, who have a very aggressive timeline for themselves and have demonstrated things that are above and beyond what you would normally see in someone coming from an undergraduate program,' says Isser Gallogly, associate dean of MBA admissions with the Stern School of Business at New York University. As part of its highly selective Berkley Scholars Program, Stern offers a full-tuition MBA scholarship plus living expenses to college seniors seeking an MBA."
Faculty News

"Regulating Wall Street: CHOICE Act vs. Dodd-Frank," a new book by NYU Stern and NYU Law faculty, is featured

Real Clear Markets 192 x 144
Excerpt from RealClearMarkets -- "The argument goes that a simple leverage ratio, which could be based on liabilities or assets, does not afford regulators a sufficiently granular control mechanism. Thus, the NYU Stern School explains, 'a private investor would rarely make a decision based on a single ratio, and neither should a regulator.'"
Faculty News

Professor Lawrence White discusses how Brexit will impact finanical services jobs in New York and Connecticut

Stamford Advocate 192 x 144
Excerpt from the Stamford Advocate -- "'Is there going to be an effect for New York and Connecticut — I would say yes,' White said. 'Is it going to be large, probably not. Frankfurt would be the primary beneficiary because the major barrier is going to arise between Britain and the rest of Europe. There isn’t going to be any new barrier between Britain and the U.S. or between Britain and Singapore.'"
Faculty News

Professor Aswath Damodaran is interviewed about Uber's financial growth

Bloomberg logo
Excerpt from Bloomberg -- "'Uber is a one-of-a-kind company, in good ways and bad ways. It’s going to be a case study,' said Aswath Damodaran, a finance professor at New York University. 'This is a cash-burning machine.'"
Faculty News

In an in-depth interview, Professor Arun Sundararajan shares insights on the impact of the sharing economy on the future of employment

OZY logo
Excerpt from OZY -- "'It’s one thing to trust someone enough for them to ship you a package, but it’s a completely different thing to have a stranger sleep in your spare bedroom,' says Sundararajan. The establishment of 'more robust digital trust networks' — automatic vetting of drivers, connection with hosts’ Facebook profiles, ratings and comment systems — allowed platforms like Lyft, Couchsurfing and meal-sharing app EatWith to take off."
Business and Policy Leader Events

Four School Conference 2017

The Four School Conference brings together faculty, students and researchers from Stern, Columbia, Yale and University of Pennsylvania.
Business and Policy Leader Events

Community Minded Banking: A Conversation with Robert G. Wilmers

On Thursday, April 13, NYU Stern’s Center for Sustainable Business (CSB) welcomed Robert G. Wilmers, CEO of M&T Bank, for a discussion entitled “Community-Minded Banking.”
Research Center Events

The Innocence Project: A Conversation with Seema Saifee & Darryl Howard

Seema Saifee and Darryl Howard
On Thursday, April 13, NYU Stern’s Business & Society Program will welcome Seema Saifee, staff attorney for the Innocence Project, and Darryl Howard, who was recently exonerated after serving 24 years for a wrongful murder conviction, to speak to an audience of students.
Faculty News

Professor Baruch Lev's co-authored book, "The End of Accounting," is featured

CFO Magazine logo
Excerpt from CFO -- "In their book, Baruch Lev and Feng Gu demonstrate that corporate reports have lost most of their usefulness in doing what they are supposed to do: provide investors with information that they can use to make optimal investment decisions. Their shocking conclusion is that the very pricey financial report only provides five percent of the information that investors base their decisions on. Lev and Gu propose a new method called the ‘Resources & Consequences Report’."
Faculty News

Professor Kim Schoenholtz explains why financial penalties will not necessarily result in better business practices by Wells Fargo in the future

The Atlantic logo
Excerpt from The Atlantic -- "'There have been so many violations in recent years that have led to massive penalties on the part of firms that it tells me that the culture is not working,' he says, suggesting that financial punishment can only do so much to induce better behavior."
Faculty News

Research by Professor Jeanne Calderon and Scholar-in-Residence Gary Friedland on the EB-5 Immigrant Investor Program is referenced

The Hill logo
Excerpt from The Hill -- "A study conducted by the NYU Stern School of Business found than more than 99 percent of the EB-5 projects qualify as Targeted Employment Areas."
Faculty News

Professor Scott Galloway comments on United Airlines' handling of its PR crisis

Bloomberg logo
Excerpt from Bloomberg -- "On a scale of 1 to 10, it was -1. I think it was probably the most tone-deaf response I've seen to this type of issue, I think, possible ever. He used the term 're-accommodate' as if he was trying to put a good spin on it. It just took a bad situation and made it worse."
School News

Research from Stern's Center for Business and Human Rights on migrant workers and recruitment costs in the Arabian Gulf is featured

Associated Press logo
Excerpt from the Associated Press -- "The study describes it as a 'perverse business model.' Rather than providing an opportunity for decent pay and a better livelihood, construction industry practices across the Gulf are pushing workers into extreme debt and exacerbating abuses, such as an inability to change jobs or move to another country due to indebtedness."
Business and Policy Leader Events

Tomorrow & Beyond: An Evening with Dr. Jane Goodall, Ph.D., DBE, Founder of the Jane Goodall Institute and UN Messenger of Peace

On April 10, NYU Stern’s Business and Society Program, Center for Sustainable Business and NYU Department of Environmental Studies welcomed Jane Goodall, Ph.D., DBE, founder of the Jane Goodall Institute and UN Messenger of Peace, for an event entitled “Tomorrow & Beyond: An Evening with Dr. Jane Goodall.”
Research Center Events

Executive Education Short Course: Digital Marketing and Social Media Strategy

This program examines best-practices related to the business use of social media and digital marketing. While there will be sufficient attention given to top level strategy used by companies adopting social media and digital marketing, the course will also focus on digital analytics oriented tools: how to make organizations more intelligent in how they conduct business in the digital age.
Faculty News

Professor Adam Alter is interviewed about behavioral addiction and technology, from his book, "Irresistible"

The Australian logo
Excerpt from The Australian -- "[Alter] believes it’s possible that half of us now suffer from some form of behavioural addiction. And while this is bad news for adults who wish to escape their smartphone screens, it’s even worse news for children. Their impulse ­control is still a work in progress. They don’t think about the costs and benefits of their behaviour. If left to their own devices – literally, figuratively – kids do not stand a chance against such sophisticated technologies."
Faculty News

Professor Kim Schoenholtz is interviewed about President Trump's approach to monetary policy

Forbes logo
Excerpt from Forbes -- "After campaigning on the idea monetary policy should be more restrictive, it wouldn’t be surprising that, now in office, Trump sought central bankers with policy prescriptions are more aligned with his goal of speeding up the pace of growth. Additionally, Trump could 'interfere in the normal operations of Federal Reserve policy not just through personnel but by directly commenting on it,' said Kim Schoenholtz, an economics professor at the NYU Stern School of Business. 'There’s a huge degree of uncertainty about what the President will do.'"
Faculty News

Professor Ari Ginsberg discusses possible outcomes of President Trump's meeting with Xi Jinping

Inc. logo
Excerpt from Inc. -- "What's more, China could retaliate by raising tariffs on U.S. goods, suggests Ari Ginsberg, a management professor at New York University's Stern School of Business where he has a focus on international business. He notes that this will be especially problematic for startups that sell products to Chinese consumers, as their profit margins could shrink."
School News

Undergraduate students Jessica Guo and Robert Hankins are featured as "Best & Brightest Business Majors" from the class of 2017 by Poets & Quants

Poets and Quants logo
Excerpt from Poets & Quants -- "Your impact on the world is your impact on the people around you. As such, I’d like to be someone whose values ring clear and whose actions and words align with those values. ... I hope to one day leverage my finance expertise to benefit those around me in a business related capacity."
Business and Policy Leader Events

2017 MBA Media & Entertainment Conference

On Friday, April 7, students from NYU Stern and the Columbia Business School will host the 2017 MBA Media and Entertainment Conference. The annual event brings established leaders and groundbreaking pioneers together to share insights on the state of media and entertainment.  
Faculty News

Professor Aswath Damodaran's views on cash and company valuations are highlighted

Excerpt from Guru Focus -- "Aswath argues that in the current environment, cash earns a low return. If you were to take cash as a standalone asset, its low return would translate into a high price-earnings (P/E) multiple. In other words, cash does increase a company’s valuation because it produces a terrible return. With this being the case, the professor argues that how the P/E multiple is used should be reconsidered in the current environment. Specifically, he believes 'we have to separate companies into their cash and operating parts, and deal with the two separately because they are so different in terms of risk and earnings power.'"
 
Faculty News

Professor Edward Altman comments on President Trump's economic agenda

CNBC logo
Excerpt from CNBC -- "'We have to be careful, very much, of overheating the economy very quickly with infrastructure financing and lower taxes,' Altman told CNBC Thursday. 'That, in many cases, could be a recipe for disaster if, in fact, the deficit financing and the amount of debt that has to be raised to finance it is excessive.'"
Faculty News

Professor Justin Kruger's research on chronic lateness is referenced

Yahoo logo
Excerpt from Yahoo News -- "One theory, according to Professor Justin Kruger is that people who are often late tend to grossly underestimate how long it will take them to do common tasks."