School News

12 MBA students from Stern's ​Cl​ass of 2019 are profiled; Vice Dean Raghu Sundaram highlights​ the “Stern Solutions” ​experiential learning program​; Associate Dean of MBA Admissions Isser Gallogly stresses the importance of EQ

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Excerpt from Poets & Quants -- "Sundaram tells Poets&Quants he wants to elevate Stern’s commitment to experiential learning through its “Stern Solutions” program. His vision, he says, is to intensify the program’s emphasis on developing leaders who can grasp the big picture, turn transformation into opportunity, and thrive in an ever-changing global climate. 'We will provide more students with more opportunities to participate, while deepening our relationships with companies that value the fresh insights Stern MBAs can bring to the table,' he shares."
School News

Five MBA1s are featured in the Real Humans of the MBA Class of 2019 series

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Excerpt from Clear Admit -- "Perhaps not surprising, NYU Stern’s New York City location factored highly into the decision-making process for many of the students we asked. But so too did its community—including how approachable and friendly current students were to prospective students and the school-wide emphasis on IQ + EQ (emotional quotient)—and its curriculum, which has a strong core but also gives students the opportunity to explore electives early on and offers specializations in things like luxury marketing and technology."
Faculty News

Professor Jonathan Haidt's work on the influence of morality on political viewpoints is referenced

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Excerpt from The New York Times -- "In contrast to Republican primary voters who supported candidates other than Trump, they noted, voters who supported him 'score high on authority/loyalty/sanctity and low on care.' These voters, according to Ekins and Haidt, 'are the true authoritarians — they value obedience while scoring low on compassion.'"
Faculty News

Professor Scott Galloway shares his views on Facebook's controversial advertising segments

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Excerpt from The New York Times -- "Scott Galloway, a marketing professor at New York University and author of a forthcoming book on the big tech companies, said Facebook should not necessarily ban content that celebrates institutions like the Confederacy or the Wehrmacht and advertising that targets people interested in these subjects. But he said allowing this content and selling ads around it should reflect on Facebook the same way it would reflect on, say, CNN or The Washington Post. 'I think it’s fairly cut and dried,' he said. 'Their responsibility is the same as any other media company.'"
Press Releases

NYU Stern Announces Three New Scholarship Funds to Support High-Achieving Transfer Students from Community Colleges

Henry Kaufman Management Center
New York University’s Stern School of Business is pleased to announce the establishment of three new scholarship funds for high-potential students transferring from a two-year community college who have been admitted to the Undergraduate College. The scholarships, the first of their kind for transfer students, are made possible thanks to the generosity of Howard Meyers, BS ‘64 and his wife Rory Meyers; Pamela Craig, MBA ‘84, and her husband Robert V. Delaney Jr., MS ‘82; and Martin Cohen, MBA ‘76 and his wife Michele Cohen, all of whom believe in the transformative power of scholarship. Their scholarships help support Stern’s Access Initiative, which aims to create more full-need undergraduate scholarships for talented, low-income students with the brightest future potential. 
Faculty News

In an op-ed, Research Scholar Elad Sherf offers insights on engaging men in workplace gender parity initiatives

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Excerpt from the Harvard Business Review -- "The lack of men’s involvement in gender parity initiatives is a problem. Participation in such initiatives can help change men’s minds about the importance of gender parity at work. For example, research suggest that even men who initially hold negative or sexist attitudes regarding the role of women in the workplace become more supportive of gender parity programs (more effectively implement them, for example) when they are actively included in conversations about such programs."
Faculty News

Professor Scott Galloway comments on the increased popularity of co-working spaces

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Excerpt from NPR -- "It's a business model that's relatively easy to replicate, so companies like WeWork are vulnerable, says New York University marketing professor Scott Galloway. 'There are a lot of organizations that own real estate that could probably offer somewhat of a me-too model,' including hotels, he says."
Business and Policy Leader Events

Cocktails & Conversation with Dean Peter Henry and Vice Dean Raghu Sundaram in Washington, DC

On September 25, NYU Stern School of Business Dean Peter Henry and Vice Dean Raghu Sundaram invited current students, alumni and community members to join them for an evening to celebrate the launch of Stern’s Executive MBA (EMBA) Program in Washington, D.C., at NYU’s D.C. location, as the University celebrates its fifth-year anniversary in the nation’s capital. 
Faculty News

Professor Aswath Damodaran shares his views on bitcoin's status as a currency

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Excerpt from CNBC -- "'It's not acting as a currency,' Damodaran said. 'The plumber has to say: "I accept dollars or Bitcoin." Would you be willing to put Bitcoin in your pocket and leave for a one-year trip knowing you're going to survive? We're no where near that comfort.'"
Faculty News

Professor Adam Alter shares insights from his research on the impact of names on a person's success

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Excerpt from CBS -- "In law firms, Alter says, people with simple names tend to make partner faster. In politics, with the notable exception of former President Barack Obama, fewer syllables generally mean more votes. 'People vote more for people with simpler names,' he said. 'We've got some results showing that.'"
Faculty News

Professor Arun Sundararajan discusses the implications of Uber's ban in London

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Excerpt from CNN -- "'It's important that this not start some sort of domino effect across the rest of Europe,' said Sundararajan. ‘It wouldn't surprise me if more cities start to push back heavily because they're trying to preserve their power.'"
Faculty News

Professor Robert Seamans explains how secondary ticket markets benefit consumers

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Excerpt from Ticket News -- "...Professor Seamans points out that 'making resale more difficult for the public can net a negative effect because the market will always do better when search is more accessible'. No matter the prices, a search engine inquiry that returns only one website off of which a consumer can actually purchase what they’re looking for is not good business for the consumer, the venue, the artist or team and their promoter, or really anyone else involved. In short, he states that 'in general, consumers are better off when the secondary market is active'."
Faculty News

Professor Jonathan Haidt is interviewed about viewpoint diversity on college campuses

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Excerpt from the Financial Times -- "'It’s the meltdown of a major American institution,' says NYU sociology professor Jonathan Haidt, who has co-founded a non-profit group, Heterodox Academy, to advocate for viewpoint diversity and free inquiry on US campuses. While Haidt is a centrist who has never voted for a Republican, he is disturbed by the culling of conservative voices on campuses."
Faculty News

Professor Justin Kruger's joint research on self-perception is referenced

Excerpt from the New York Daily News -- "Dozens of studies conducted and inspired by psychologists David Dunning and Justin Kruger show that poor performers are especially prone to delusions: They overestimate their talents, including logical reasoning, grammar, humor, debating, interviewing, management and emotional skills. The weaker their skills, including interpersonal skills, the more that people exaggerate them in their own minds."
Faculty News

Professor Scott Galloway is interviewed about Amazon's plans to open a new Manhattan office

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Excerpt from AM New York -- "... Scott Galloway, an NYU professor of marketing who has written a forthcoming book on Amazon called 'THE FOUR: The Hidden DNA of Amazon, Apple, Facebook and Google,' both believe that Amazon already has its sight set on one — or a few — HQ2 sites. 'I think Amazon has already decided to be in New York, and they’re just going through the RFP process to produce a term sheet that New York feels compelled to match,' Galloway said."
Faculty News

Professor Robert Whitelaw comments on ESG investing; Research from Stern's Center for Business and Human Rights is featured

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Excerpt from The Economist -- "Robert Whitelaw, a professor at New York University’s Stern School of Business, says that the conflicting analyses reflect the broader results of more complex efforts aimed at tracking results from ('virtuous') companies that would qualify for these funds."
Faculty News

Professor Michael North shares tips for new employees and job applicants to navigate questions about their former employers

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Excerpt from MEL -- "'These might sound trite, but phrases such as, "It wasn’t a good match," "It wasn’t the right fit," or, "We faced some challenges" can work,' North says."
Faculty News

Professor Scott Galloway discusses Facebook's influence in politics

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Excerpt from NPR -- "When you have what is arguably the most successful company of the last decade weaponized to undermine our democracy, it rattles our cages and it should. ... We have foreign adversarial entities using a credit card and the Facebook platform to spread fake news and create chaos within our electoral process."
Business and Policy Leader Events

Stern Alumni's "Author Lecture Series" Presents Roger Martin and Malcolm Gladwell

NYU Stern's Alumni department will host the next installment of the "Author Lecture Series" featuring Roger Martin, former dean of the University of Toronto's Rotman School of Management, and Malcolm Gladwell, author, journalist and speaker. 
Research Center Events

Powering the Future: Energy Transformation in the US

On Tuesday, Sept. 19, the NYU Stern Center for Sustainable Business and the NYU Stern MBA Energy and Infrastructure Club will co-host a panel discussion entitled, “Powering the Future: Energy Transformation in the US”.
Research Center Events

Tales in Leadership: Managing Chaos Featuring Tony Alvarez

On Tuesday, Sept. 19, NYU Stern’s Leadership Development will welcome Tony Alvarez, Co-Founder and CEO of Alvarez & Marsal, for a talk entitled “Managing Chaos.”
Faculty News

Professor Simon Bowmaker is named to the Poets & Quants 2017 "Top 40 Undergraduate Professors" list

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Excerpt from Poets & Quants -- "When teaching Microeconomics to 300 Stern undergraduates, Bowmaker is known to takes the time to learn every single student’s name so that he can get everyone’s contributions during class. When researching economics, he’s not merely fascinated by the application of it, he’s equally passionate about the working lives of other professionals in the field. This is evidenced by two of his published books, The Heart of Teaching Economics: Lessons from Leading Minds and The Art and Practice of Economics Research: Lessons from Leading Minds, which feature one-to-one interviews with some of the top economists in Europe and in the United States."
Faculty News

Professor Edward Altman's work on corporate bankruptcy patterns is referenced

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Excerpt from Bloomberg -- "Hundreds of companies throughout history have filed for bankruptcy twice, according to New York University finance professor Edward Altman, who tracks repeat filers and helped coin the phrase 'Chapter 22' in 1993."
Faculty News

Professor Jason Greenberg shares insights on affordable travel

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Excerpt from WalletHub -- "If someone is agnostic about where to travel -- say she simply wants to visit Italy, broadly defined -- I think a good piece of advice is to travel to "second" cities that are less crowded and more reasonably priced. For example, rather than visiting Rome or Florence, go to Parma or Bologna. If someone must see Rome or Florence, and has a tight budget, I would plan on traveling off-season, right before or after the core tourist season, and look for travel, lodging, and entertainment coupons and deals."
Faculty News

Professor David Yermack discusses how small businesses can use cryptocurrency

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Excerpt from Fit Small Business -- "Cryptocurrency is treated as property for tax purposes. If you don’t convert it immediately to cash, you may have a capital gain or loss in the future when you eventually sell the currency. There is also the need to convert crypto into real currency for accounting and financial reporting purposes. For example, to report revenue, the crypto is required to be in your base currency, which is different from a company that has revenue in both dollars and euros but simply reports everything in dollars."