Faculty News

In a contributed article, Professor Michelle Greenwald examines the integral role of the Ad Council after 76 years in business

Forbes logo
Excerpt from Forbes -- "While their work has always been extremely important and benefited global citizens in many different ways, it has never more relevant or needed than today. As a marketing organization, when so many legacy institutions are dropping by the wayside or merging with others, the ways the Ad Council has grown and evolved with the times and changing needs can be instructive."
Faculty News

Professor Dolly Chugh underscores the importance of a growth mindset for mitigating unconscious bias, from her book, "The Person You Mean to Be"

Wall Street Journal logo
Excerpt from The Wall Street Journal -- "'A fixed mindset says: "I am not racist or sexist."' Dr. Chugh says. 'A growth mindset, which is open to change, says: "I know there is always room to grow in this area."'"
School News

The TRIUM global executive MBA program is featured

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Excerpt from BusinessBecause -- "The 18-month program covers entrepreneurship, marketing, negotiation analysis, fintech, and climate change, among others. You can also engage in the Capstone Project, developing a business idea from inception to launch, all the while drawing on expertise from alumni, faculty, and peers."
 
Faculty News

Professor Vicki Morwitz is quoted in a feature story on sale pricing tactics and how consumers can avoid overpaying for goods

Consumer Reports logo
Excerpt from Consumer Reports -- "'We get excited by the prospect of a big price reduction, so we don’t do the math very carefully on these sales,' says Vicki Morwitz, professor of marketing at New York University’s Stern School of Business. 'We think we’re getting a 50 percent discount off the entire order, but of course we’re not.'"
Faculty News

Professor Paul Romer is featured in an column on data protection, urging for transparency and clarity over privacy

Financial Times logo
Excerpt from the Financial Times -- "'If nobody — let’s call that fewer than 5 per cent of users — can get an even partial understanding' of the terms of a transaction, then Romer says companies simply shouldn’t be doing them. What’s more, 'we should put the burden of proof on the companies themselves' rather than allowing them to circumvent responsibility via 'phoney disclosures.'"
Research Center Events

2018 NYU Stern Ross Roundtable

2018 Ross Roundtable presenters and attendees
On October 29, NYU Stern's Vincent C. Ross Institute of Accounting Research hosted a Roundtable on the impact of new technologies, including artificial intelligence (AI), blockchain, big data and machine learning, on accounting, financial reporting and business more generally.
Research Center Events

A Tipping Point in Human Progress

Kaufman Management Center
On October 29, the NYU Stern Center for Business and Human Rights and The Rockefeller Foundation will host a conversation moderated by Professor Michael Posner, Director of the Center for Business and Human Rights, with special guest Dr. Rajiv J. Shah, President of The Rockefeller Foundation.
Research Center Events

Executive Education Short Course: Great Leadership: Developing Practical Leadership Skills

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Following the premise that leadership is a skill to acquire and master, rather than a genetic inheritance, this course will provide a framework and template for your journey to becoming a great leader.
Faculty News

Professor Jonathan Haidt is interviewed on how shifts in parenting norms are setting up a generation of students for failure, from his book, "The Coddling of the American Mind"

Real Time with Bill Maher logo
Excerpt from Real Time with Bill Maher -- (2:14)"...Kids born around 1995 had a very different childhood from kids born a few years before...they're sitting at home on their devices talking with each other and this seems to be changing social development and we know this, this is not just some perception from outsiders, because the rates of anxiety disorders, depression, self cutting where they have to be admitted to hospitals, and suicide, all of these rates are way way up, especially for girls, and it all begins right around 2011 and so it's when this generation first enters college campuses in 2013, that's when this new attitude about speech comes in."
Faculty News

In a Q&A interview, Professor Amy Webb discusses her work as a futurist consultant for the TV series "The First"

Channel 4 logo
Excerpt from Channel 4 -- "Given what we know to be true today, yes—it’s plausible that humans will travel to Mars sometime around 2031. However, there are a number of dependencies that could accelerate or decelerate that time horizon. Regulation, geopolitical strife, the availability of certain components and climate change all have the potential to derail our journey to Mars. On the other hand, they could also help us get there sooner."
Faculty News

Professor Aswath Damodaran shares his thoughts on Netflix's future in light of its current business model

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Excerpt from The New York Times -- "'Netflix’s fundamental business model seems unsustainable,' said Aswath Damodaran, a New York University finance professor, who has examined the company’s numbers closely. 'I don’t see how it is going to work out.'"
Faculty News

Professor Joe Foudy is interviewed for a feature story on the increase of contract and temporary workers in the US

Knews24 logo
Excerpt from Knews24 -- (1:05) "I think there is a risk that we have essentially shifted lots of burdens from companies to employers..."
Student Club Events

NYU Stern Annual Healthcare Association Conference

Kaufman Management Center
The Stern Healthcare Association will host its annual conference, themed "Transforming Healthcare Delivery" on Friday, October 26, 2018.
Faculty News

Professor Arun Sundararajan explains the dynamics involved in the US-China trade war

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Excerpt from Marketplace -- "New York University business professor Arun Sundararajan said the U.S. interest is to tax Chinese imports, whether Beijing responds or not. Either way, Washington makes money. 'If China imposes tariffs, the U.S.'s best response is we'll tax your imports as well,' he said. 'If China doesn't, then the best response of the U.S. is also to say, "Well, they're not doing anything. Let me sort of collect from them."'"
Faculty News

Professor Scott Galloway shares his views on Alphabet's earnings results and the shutdown of Google+

Guardian logo
Excerpt from The Guardian -- "Scott Galloway, a professor at NYU’s Stern School of Business, said it should come as no surprise that the move didn’t turn into a financial setback this quarter, especially considering how poorly Google+ was performing. 'They were looking for an excuse to shut it down,' he says. 'To connect this problem to shutting the platform down was disingenuous.'"
Faculty News

The Dunning-Kruger effect, joint research by Professor Justin Kruger on self-perception, is referenced in a new report on equestrians

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Excerpt from Horse & Hound -- "The research was the first to provide evidence of the Dunning-Kruger effect, by which lower performers tend to be unaware of their lack of knowledge or ability, within equestrians. ... 'No doubt you have experienced a situation where someone’s performance is below average but they are confident their performance is excellent,' the authors said. 'This is the Dunning-Kruger effect in action.'"
 
Faculty News

Professor Adam Alter's book, "Irresistible," is referenced in a feature story on the benefits of using an old-fashioned alarm clock

Financial Times logo
Excerpt from the Financial Times -- "As marketing and psychology professor Adam Alter argues in Irresistible: The Rise of Addictive Technology and the Business of Keeping Us Hooked, the tech companies use an army of thousands to design the “sticky” features on a phone. To attempt to fight that army alone is a fool’s errand."
Faculty News

Professor Kristen Sosulski provides advice on how to make data accessible, from her book, "Data Visualization Made Simple"

Communications Transformed logo
Excerpt from Communications. Transformed. -- (1:38) "I define data visualization as a process of creating data graphics with a message. So if you think about it, you start with the real world and you have data that represents some real world phenomena and you take that data and you encode it into shapes and colors to reveal patterns, trends, and insights."
Research Center Events

Executive Education Short Course: Communication Strategies: Developing Leadership Presence

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In this advanced communication program, participants will practice developing and delivering well-crafted, concise messages with clearly defined intents that support their personal brand.
Business and Policy Leader Events

The NYU Stern Community Honors Professor Paul Romer, Winner of the 2018 Nobel Prize in Economics

Nobel Laureate, Professor Paul Romer in conversation with Dean Raghu Sundaram
On October 24, the NYU Stern community honored 2018 Nobel Laureate Professor Paul Romer with fireside chat and reception.
Faculty News

Professor Jonathan Haidt's moral foundations theory is referenced

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Excerpt from The New York Times -- "And so in an effort to understand my fellow Brazilians, I’ve turned to the work of the psychologist Jonathan Haidt, whose moral foundations theory makes an impressive attempt to connect people with differing political views."
Faculty News

Professor David Yermack weighs in on Netflix's funding strategies to finance new content creation

Marketplace Logo
Excerpt from Marketplace -- "Last week, the company announced it added almost 7 million new subscribers worldwide in the third quarter. David Yermack at NYU’s Stern School of Business said as long as that’s the case, investors will be eager to lend to Netflix. 'It’s just like a person with a high income personally could afford a big car loan or a big mortgage,' he said. 'It’s really the same logic for a company.'"
Faculty News

Professor Priya Raghubir shares the biggest mistake she believes consumers make when using rewards credit cards

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Excerpt from WalletHub -- "I believe that rewards are treated very differently than cash. If you converted rewards points into their cash equivalent (e.g., though gift cards), then those gift cards would be spent differently than if you purchased through rewards. The commonest mental error is to not think of rewards points as just another form of currency that can be used for transactions -- leading to their either being hoarded, or spent on products that are inessential."
Faculty News

Professor Joshua Ronen is quoted in a story on the conflict of interest between auditors and corporate clients

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Excerpt from The Globe and Mail -- “Those corporations with higher coverage and lower premiums would distinguish themselves in the eyes of investors,” he says, and insurance carriers would welcome the new business. But they would need to properly gauge their risk - which is where the auditors come in."
Faculty News

Professor Brad Hintz comments on Peter Kraus' tenure at AllianceBernstein

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Excerpt from Crain's New York Business -- "'He saved the firm,' said Brad Hintz, a former Bernstein executive who's now an adjunct professor at NYU's Stern School of Business."