School News

Undergraduate student Alex Grieco shares her experiences on an International Studies Program (ISP) trip to Hong Kong

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Excerpt from Poets & Quants -- "In short, the ISP trip was an incredible, eye-opening whirlwind. While my body and sleep schedule have not yet recovered from the constant running around, I would not have changed a thing. I went on the trip with some very close friends but coming back, I know I have created more personal relationships with students and staff that I was previously only acquainted with. In the end, not only did I feel closer to the Stern community, but I had more pride for our school and every opportunity it has provided me. And even though we were in Hong Kong for less than five full days, the lessons learned and relationships created will last a lifetime."
School News

Federal Reserve Governor Lael Brainard's talk at Stern, hosted by the Center for Global Economy and Business, is highlighted

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Excerpt from Bloomberg -- "Asset valuations are stretched across a broad set of financial markets and some cryptocurrencies have witnessed 'extreme volatility,' Federal Reserve Governor Lael Brainard said, though overall risks to the financial system are still low. 'Estimates of risk premiums and spreads in a range of markets remain narrow by historical standards,' Brainard said Tuesday in prepared remarks at New York University’s Stern School of Business."
School News

Stern's ​MBA ​international academic offerings​ including DBi courses and Stern Solutions projects are featured; Jamie Tobias, Assistant Dean of Student Engagement, is quoted

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Excerpt from US News & World Report -- "The Stern School of Business at New York University still makes international academic experiences optional for MBA students, but the number who have embraced global offerings has grown substantially in recent years, says Jamie Tobias, assistant dean of student engagement. ... Many students also partner with faculty and go abroad through Stern Solutions to help solve a real-world business problem. A recent group collaborated with the World Wildlife Fund and the United Arab Emirates' Fujairah municipality to launch the country's first national park."
Faculty News

Professor Priya Raghubir's joint research on the impact of payment methods on shopper spending is highlighted

Excerpt from The Sydney Morning Herald -- "Researchers Priya Raghubir and Joydeep Srivastava found that there are significant differences in spending based on how shoppers pay for things. Their main argument was that 'the more transparent the payment outflow, the greater the aversion to spending or higher the pain of paying… leading to less transparent payment modes such as credit cards and gift cards (vs. cash) being more easily spent or treated as play or "monopoly money".'"
Research Center Events

NYU Stern Center for Sustainable Business Panel Discussion: The Intersection of Sustainability, Sports and Business

On April 3, NYU Stern’s Center for Sustainable Business hosted a panel discussion entitled, “The Intersection of Sustainability, Sports and Business”. 
Research Center Events

Public Talk and Q&A with Lael Brainard, Member, Board of Governors of the Federal Reserve System

Dr. Lael Brainard, Member of the Board of Governors of the Federal Reserve System (center); Professor Jennifer Carpenter, Associate Director of the NYU Stern Center for Global Economy and Business (right); Professor Kim Schoenholtz, Director of the NYU Stern Center for Global Economy and Business (left)
On April 3, the NYU Stern Center for Global Economy and Business hosted a public talk with Dr. Lael Brainard, Member of the Board of Governors of the Federal Reserve System.
Faculty News

Professor Vasant Dhar highlights the need for retailers to protect their customers' data in light of the Lord and Taylor and Saks Fifth Avenue security breach

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Excerpt from CBS News -- "Dhar said companies need to start being proactive and treat customer data as first class. 'This is a CEO-level issue. It isn’t something that you slough off to your tech person and say, "hey, prevent these things from happening,"' he said."
Faculty News

Professor Alexander Tuzhilin's work on targeted technologies is referenced

Excerpt from MIT Technology Review -- "Research points to where the field is headed. At an event that NYC Media Lab hosted in 2015, Alexander Tuzhilin, professor of information systems at the NYU Stern School of Business, pointed out that most of the targeting applications we see today represent the second generation of these technologies. The data employed includes context awareness, spatiotemporal and mobile data, multi-criteria ratings, social-media data, conversational recommendations, and more. These are standard tools of the trade used in targeting by internet marketers, as well as by Cambridge Analytica in 2016."
Faculty News

Professor Michelle Greenwald is interviewed about the benefits of partnerships between brands

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Excerpt from CNBC -- "If brands find the right counterpart for a viral partnership, it can create a great synergy, according to Michelle Greenwald, marketing professor at NYU Stern. She says that it can be a funny juxtaposition and bring new audiences to both brands. Warby Parker's brand isn't one that's generally associated with comedy, so Arby's can help lighten the mood and bring comedy to the table. Greenwald says that the brands' different audiences can help bring exposure to both of them and create more widespread awareness without spending much money."
School News

Undergraduate students Michelle Enkerlin and Shobhit Jain are named to the Poets & Quants 2018 "Best & Brightest" list

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Excerpt from Poets & Quants -- "For this year’s graduating class, business comes down to one word: Impact. As the big day nears, these future business leaders are leaving their mark – often in big ways that defy traditional business roles and methods."
School News

Isser Gallogly, Associate Dean, MBA Admissions and Program Innovation, is quoted about standardized testing, admissions interviews and Stern's EQ Endorsement and "Pick Six" visual essays

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Excerpt from US News & World Report -- "'Think about your story and how you want to present yourself,' Gallogly advises. 'The interviewer has read your entire application so you can go a lot deeper and have a substantive discussion.'"
School News

Dean Raghu Sundaram is quoted in a feature story highlighting Stern Solutions and Stern's one-year Andre Koo Tech MBA and Fashion & Luxury MBA programs

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Excerpt from US News & World Report -- "New York University's Leonard N. Stern School of Business will welcome students this spring to two new one-year MBA programs, one for those interested in fashion and luxury goods and one in technology for those who want to add business skills to their tech expertise. The goal, says Raghu Sundaram, is to combine the breadth of an MBA with the depth you'd get in coursework for a master's in data science, say."
Faculty News

Professor Pankaj Ghemawat's new book, "The New Global Road Map" is featured

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Excerpt from Il Sole 24 Ore -- (Translated from Italian using Google Translate) "...analyzing the interactions of over 140 countries, which cover 99 percent of the global economy and 95 percent of the world's population, Ghemawat demonstrates empirically that although it has been hit hard from the 2008-09 downturn, globalization has already reached and exceeded the pre-crisis levels."
School News

Undergraduate student Shobhit Jain is named to the Poets & Quants 2018 "Best & Brightest" list

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Excerpt from Poets & Quants -- "I always believed business school was about crunching numbers and producing valuations, but the courses in Stern’s Social Impact Core—namely, Business and Its Publics and Professional Responsibility and Leadership—broadened this mindset and forced me to reflect on why I was embarking on a career in business and the moral principles behind this decision."
Faculty News

Professor Adam Alter explains how taking breaks from technology can boost well-being, from his book, "Irresistible"

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Excerpt from Health -- "'Start by designating a certain time each day that's tech-free -- like while you're eating lunch," says Adam Alter, PhD, a professor at NYU and author of Irresistible: The Rise of Addictive Technology and the Business of Keeping Us Hooked. 'Then see how you feel after a week or so. Most people feel happy with the change, and they go on to expand it.'"
Faculty News

Professor Adam Brandenburger's review of "Only the Paranoid Survive" by Andrew Grove is referenced

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Excerpt from CNBC -- "'"Only the Paranoid Survive" offers practical advice on how to bridge that narrow line between catastrophe and opportunity, and seize the opportunities,' the Harvard Business Review said in 1996 when the book first came out. 'That's why this book isn't just for managers of high-tech businesses.'"
Faculty News

Professor Samuel Craig shares insights on custom credit cards

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Excerpt from WalletHub -- "In theory, having a photo on your credit card would deter fraudulent use, but only for in-person retail transactions. Increasingly, transactions are moving online and the physical credit card does not come into play. Also, fraud is easier to perpetrate online and can be done from anywhere in the world."
Faculty News

Professor Aswath Damodaran's blog post on Tesla and its bond issuance is referenced

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Excerpt from Bloomberg View -- "'You can see quickly that Tesla is singularly unsuited to using debt,'; wrote Aswath Damodaran back in August, when it was issuing debt. But 'bond investors pretty much ignored the carmaker’s prolific cash burn and repeated failures to meet production targets and lent it $1.8 billion at record-low interest rates.'"
School News

The Stern Program for Undergraduate Research (SPUR) project with the Deputy Mayor's office on the future of work in NYC is featured, with insights from advisor Professor Arun Sundararajan and undergraduate student participant Hayden Edelson

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Excerpt from Poets & Quants -- "'Classroom learning is extremely important and it gives you the tools necessary to work in a capacity like this, but this experience really elevates things,' [Edelson] continues. 'The opportunity to work with real-world data and real-world information in a significant way makes it much more meaningful.' ... 'Like many other top business schools, our undergraduate students are very high IQ, very quantitatively advanced, and are often seeking intellectual opportunities that go beyond traditional coursework,' Sundararajan says. 'Having an undergraduate research program fills that need to an extent.'"
School News

Dean Raghu Sundaram highlights Stern's new one-year Tech MBA and Fashion & Luxury MBA programs

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Excerpt from US News & World Report -- "New York University's Stern School of Business will welcome students this spring to two new one-year MBA programs, one for those interested in fashion and luxury goods and one in technology for those who want to add business skills to their tech expertise. The goal, says Raghu Sundaram, is to combine the breadth of an MBA with the depth you'd get in coursework for a master's in data science, say."
Faculty News

Professor Anindya Ghose is quoted in a feature story about hurdles for startups filing patents in India

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Excerpt from Quartz -- "'Filing patents is common practice in other parts of the world but the importance of filing patents has only of late become apparent to startups in India,' said Anindya Ghose, the Heinz Riehl professor of business at New York University."
Faculty News

Professor Arun Sundararajan argues that cities should delegate some regulation to digital platforms rather than trying to control them

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Excerpt from The Washington Post -- "'There is a new social contract we are getting into with digital platforms,' Sundararajan said. He suggested that governments need to start forming alliances that are in the public interest — and start getting comfortable with private companies taking on regulatory responsibilities. 'Of course, there’s always a risk that they abuse this privilege,' Sundararajan said. 'But, honestly, I don’t see an alternative.'"
Faculty News

Professor Scott Galloway explains why the educational market is important to Apple

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Excerpt from The Wall Street Journal -- "'The moment you get someone on your ecosystem, and they become fluent in your operating system, the switching costs become very real,' Mr. Galloway said. A lot of consumers start on Apple’s or Google’s operating system and never switch, 'so it’s logical to lock them in early,' he said."
Faculty News

Professor Vasant Dhar discusses how the regulation of financial services could be modified for social media platforms

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Excerpt from Yahoo Finance -- "I think that the financial industry provides a good background for how to think about this. In December I proposed that we think in terms of some sort of KYC [know your customer] laws for social media platforms like we have for financial institutions. And that is some sort of a safeguard so that they know who is paying them, so that would be a good start. But more recently I made the case that that really doesn't go far enough..."