Experience Stern | News & Events

On Thursday, February 28, 2013, NYU Stern MBA students, alumni and faculty will gather for the NYU Stern Strategy and Operations Club (SOC) Third Annual Strategy Forum, themed “Achieving Strategic Advantage Through Innovation.” Attendees will hear from strategy leaders across a variety of industries, including keynote speaker Mumtaz Ahmed, Chief Strategy Officer of Deloitte Touche Tohmatsu and a Principal at Deloitte Consulting, and a panel of representatives from strategy and consulting roles across several industries.

Excerpt from Cardiovascular Business -- “'For the student, the advantage is that this can be done in one package and the saving of a year is quite useful,' says Thomas A. Pugel, PhD, vice dean for MBA and executive programs at the New York University (NYU) Stern School of Business in New York City. Once in school, it is easier to stay in school, he added. 'They are not in transition; they are not trying to think about when is the right time, or do I have the time and energy to be able to get an MBA as a second degree.'”

Excerpt from Bloomberg -- “'Allowing an employee to work from home once a week is likely to boost their morale,' he said. 'If they’re honest, there’s no reason it should affect your productivity.'"

Excerpt from Bloomberg -- “'They’re intermediaries, and they’re not supposed to make up their minds for their customers as to what’s good for them, they’re supposed to supply them with what they want,' said Roy Smith, a finance professor at New York University’s Stern School of Business and a former Goldman Sachs partner."

Excerpt from Bloomberg TV -- "A minority government or an unstable government until there are new elections a few months from now means that investors might short Italian debt, spreads may keep rising and the shield that’s supposed to be there isn’t there."

On February 26, 2013, more than 700 people joined a webinar hosted by Professor Anindya Ghose, Associate Professor of Information, Operations and Management Sciences and co-Director of the Stern Center for Business Analytics, with the International Institute of Business Analytics, about “Mobile Analytics: Apps, Advertising and Commerce in the New ‘Mobile’ Economy.

Excerpt from Bloomberg -- "Academics and journalists have become adept at employing statistical screens to shed light on a wide range of questionable or illegal activities in the financial markets. Notable examples include collusion among Nasdaq stock dealers, the backdating of stock options and possible insider trading among corporate executives."

Excerpt from Bloomberg TV -- "The issue about RadioShack is, sure Amazon's been a factor, but these are self-inflicted wounds. This is a company that's never been able to express its reason for being."

Jill Bright, chief administrative officer at Condé Nast, and Mason Salit, wealth market leader at TD Bank, shared perspectives with MBA students on how great leaders succeed as part of NYU Stern's Leadership Development Initiative (LDI).

Excerpt from the University of Delaware Review -- "Governors have become interested in the prospect of overseas businesses coming to the United States so that jobs can be supplied for their constituents, according to New York University economics and global business professor Thomas Pugel."

Excerpt from The New York Times -- "What is different today, says Dr. Koonin, is that digital technologies — sensors, wireless communication, storage and clever software algorithms — are advancing so rapidly that it is becoming possible to see and measure activities in an urbanenvironment as never before."

Excerpt from CNC World -- "I can tell you what economists believe at large what the new government will do which is finally to start with agenda reforms that the country badly needs. The country needs major reforms in the organization of markets and in the regulation of markets, it needs badly to decrease the role of government in the economy."

Excerpt from Bloomberg BusinessWeek -- "Research should be done at business school, but it should be done in moderation and not in the way it is being done now. The way professors are judged is 99 percent dependent on their research and 1 percent dependent on everything else. People who do research well should do it. People who don’t do it as well should not."

Excerpt from Yahoo! Finance -- "'We could create an asset bubble worse than the previous one which could lead to another financial crisis not this year, not next year but two or three years down the line if we keep on doing these policies,' he says. 'You're building the financial leverage that’s going to lead you to [another] bubble and eventual crash.'”

The MBA Media & Entertainment Conference, jointly hosted by NYU Stern’s Entertainment, Media and Technology Association (EMTA) and Columbia Business School, is focused on providing an educational and informative forum for discussions on the present state and future of media and entertainment.

The NYU Social Innovation Symposium is a collaboration between the Social Enterprise Association at Stern, Bridge at Wagner and LSEA at the Law School. Charles Best, founder of DonorsChoose.org, and Jacquelline Fuller, Director of Google Giving at Google.org, will be keynote speakers.

The Center for Global Economy and Business will host President and CEO James Bullard of the Federal Reserve Bank of St. Louis. President Bullard will speak to faculty, students, market professionals and central bankers based in NY.

Excerpt from Bloomberg -- “'Without an end date, the committee may have to alter the pace of purchases as news arrives concerning U.S. macroeconomic performance,' Bullard said today to the Center for Global Economy and Business at New York University’s Stern School of Business."

Excerpt from Reuters -- "St. Louis Fed President James Bullard, a voting member of the Fed's monetary policy committee this year, said the currently low inflation readings may give the Fed some leeway to continue its quantitative easing program longer than it would otherwise."

Excerpt from Forbes -- "Over the years, I’ve read some great ventures plans as part of this competition. Some have gone on to win and/or contribute significant social benefit. I’m looking forward to reading the next round of plans, and sharing more observations about what makes successful – and less-than-successful – venture plans."

Excerpt from Yahoo! Finance -- "Economist Nouriel Roubini of NYU’s Stern School of Business tells The Daily Ticker that it’s not only monetary stimulus by the Fed that’s been driving stocks higher but also “more unconventional monetary policy” from the ECB, Bank of Japan, Bank of England and the Swiss National Bank."

Excerpt from NYT Magazine -- "There’s shareholder value, and there’s stakeholder value. The banking industry is worried about shareholder value, and NGOs are primarily interested in stakeholder value. But things that drive up shareholder value can actually be very good for society at large. We have to have a different way of thinking about the role of business in society."

Excerpt from Bloomberg -- "For the first time, we are hearing some people on the Federal Open Market Committee worry about lower yields, yields that are too low for too long. Institutions are reaching for assets, junk bonds, and one of the members gave a speech two weeks ago, Jeremy Stein, who is a former professor at Harvard, with great intellectual fire power warning about that."

Excerpt from The New York Times -- "Instead, there is a better way. Eliminate the government’s regulatory reliance on ratings. Since the 1930s, financial regulators have required many financial institutions to heed the ratings of a handful of raters. The goals of the regulators were good: making sure those institutions’ portfolios held safe bonds. But mandating reliance on the Big Three enhanced their importance and made it harder for other rating firms to compete with them."

Excerpt from Project Syndicate -- "For developed countries, increasing resilience and flexibility over time by building public assets should be a long-term priority. Periodic systemic risk affects entire economies and public finances, not only financial markets, and governments should be able to respond during periods of rapid structural change."