School News

Stern's new Advancing Women in Business scholarship program is featured

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Excerpt from Clear Admit -- "The vision behind the scholarship is very much in line with the efforts and initiatives of the popular student club Stern Women in Business (SWIB). Devoted to building a supportive community focused on topics significant to women in business, SWIB counts men as well as women among its members, including on its leadership board. This is in keeping with the club’s goal of providing a forum where diverse experiences, perspectives and resources can be shared."
Press Releases

NYU Stern Establishes New “Advancing Women in Business Scholarship” for Full-time MBA Students

NYU Stern is establishing a new merit-based scholarship, the Advancing Women in Business Scholarship, for incoming full-time MBA students. The scholarships will be awarded to students who demonstrate a deep and abiding commitment to advancing women in business and will cover the first year of tuition and mandatory fees. 
Business and Policy Leader Events

NYU Stern’s Master of Science in Risk Management Hosts Roundtable on the Economy, Trade and China

On Thursday, February 2, NYU Stern’s Master of Science in Risk Management program hosted a roundtable entitled “New U.S. Administration:Risky Spotlight on Economy, Trade and China.” Featured speakers included Michael Waugh, NYU Stern Associate Professor of Economics, and David Denoon, Professor of Politics and Economics and Director of the NYU Center on U.S.-China Relations.
Research Center Events

Economic Outlook Forum

On February 1, Professor Kim Schoenholtz moderated a discussion among three leading economists.
Faculty News

Professor Scott Galloway comments on the impact of President Trump's ties to the New England Patriots on their fan base

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Excerpt from The Boston Globe -- "'There’s a reason why teams have fish and [birds] on their helmets and not people,' said Scott Galloway, a professor of marketing at NYU’s Stern School of Business. 'It’s very dangerous for a team to associate itself with anyone but the most likable people in a public way. And politicians are almost always going to alienate at least half your base.'"
Faculty News

Professor Russell Winer weighs in on Budweiser's Super Bowl commercial

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Excerpt from the Los Angeles Times -- "'Trump's grandfather immigrated from Germany, so there's a double dose of irony,' said Russell S. Winer, a marketing professor at the New York University Leonard N. Stern School of Business. 'I think Americans will like the ad, as they don't think of immigrants from Europe the same way as immigrants from Africa or Muslim countries in the Middle East.'"
Faculty News

Dean Peter Henry comments on the White House's executive order on immigration

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Excerpt from Clear Admit -- "'As President Hamilton so eloquently stated, the order and its immediate impact have left many of us with heavy hearts and deep concerns for those who are directly or indirectly affected,' [Henry] wrote. 'As an immigrant who was welcomed to this country almost 40 years ago and proudly became a U.S. citizen, it is a particularly sobering time for me.'"
Faculty News

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

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Excerpt from CityLab -- "...as Friedland and Jeanne Calderon explain in a report for the Stern Center, in EB-5 deals, the developer often serves as both lender and borrower, setting terms for the loan it both generates and receives. 'The fraud uncovered to date spans all parts of the nation,' Friedland and Calderon write."
Faculty News

Professor Gavin Kilduff's research on athletic rivalry and performance is referenced

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Excerpt from US News & World Report -- "'Some people may find it surprising that runners actually pick one and another out [to try to beat] at these kind of races, but my experiences speaking with them suggests they indeed do,' said lead author Gavin Kilduff..."
Faculty News

Professor Gian Luca Clementi is interviewed about the impact a tariff on imports would have on the apparel industry

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Excerpt from Marketplace -- "Those are going to have a higher price, and that is going to put a dent on the wallet of American consumers and also on the bottom line of American companies."
School News

A Stern Signature Project focusing on urbanization in Ethiopia is featured; MBA-MFA student Ria Tobaccowala, MBA student Sarada Anne and Research Scholars Shlomo Angel and Patrick Lamson-Hall are quoted

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Excerpt from the Financial Times -- "Participation in the projects 'widens students’ perspective of humanity', says Shlomo 'Solly' Angel, a professor at NYU’s Marron Institute of Urban Planning. 'Projects like this have nothing to do with making money,' he says. 'They have to do with students getting acquainted with people who are so different from them in terms of culture, income and outlook.'"
Faculty News

Professor Arun Sundararajan comments on the growth of the sharing economy

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Excerpt from Motherboard -- "The way Eriksson has been living her life for the past year is a glimpse of how a growing number of us will be living in the future, according to Arun Sundararajan, New York University business professor and author of The Sharing Economy. ... 'We’re transitioning into an alternative of corporations and mass production,' Sundararajan says."
Faculty News

Professor Arun Sundararajan's book, "The Sharing Economy," is reviewed

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Excerpt from The Chronicle of Higher Education -- "No economy ever achieves an absolute separation of commerce and cooperation. Market traders have always needed some basis on which to trust one another, be that recommendation, regulation, or repeat interaction. In his new book, The Sharing Economy, Arun Sundararajan, a professor in New York University’s Stern School of Business, argues that the border between market exchange and social reciprocity is becoming more porous than ever."
Faculty News

Professor Jonathan Haidt's work on the conflict between globalism and nationalism is referenced

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Excerpt from The New York Times -- "Jonathan Haidt, a social psychologist at New York University, calls it the clash between globalists and nationalists. The globalists, who tend to be urban and college educated, want a world like the one described in John Lennon’s song 'Imagine' — no religion, walls or borders dividing people. The nationalists see that as a vision of hell. They want to defend their culture and emphasize the bonds of nationhood — flag, Constitution, patriotism. They also want to limit immigration, an instinct that globalists are often quick to condemn as racist."
 
Faculty News

Professor Thomas Cooley is interviewed about the proposed border adjustment tax plan

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Excerpt from USA Today -- "Thomas Cooley, an economics professor at New York University and former dean of the university's Leonard N. Stern School of Business, agreed, saying that a stronger dollar could cushion the fallout for retailers and other importers. Still, if the proposal goes into effect, 'there will be winners and losers,' he said, with companies that have U.S.-based factories faring far better than their counterparts that don't. 'In that sense,' Cooley said, the proposed tax change 'encourages domestic investment ... in the U.S.'"
Faculty News

Professor Jonathan Haidt's work on morality is highlighted

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Excerpt from Bloomberg View -- "As social psychologist Jonathan Haidt has argued for years, doing things in groups is really hard, and the larger the group, the harder it gets. Moral values like group loyalty -- an instinctive group loyalty, not some dry intellectual thing carefully reasoned from first principles and self-interest -- make it possible for us to do this very difficult thing."
School News

The work of Stern International Volunteers (SIV) in Ghana is spotlighted

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Excerpt from Citi 97.3 FM -- "The five-year project by the NYU Stern School of Business (SIV Ghana) and Adanu, is to among other things to improve education, potable water, health care and small scale businesses in the area. Waodze-Tsatoe community is one of the numerous communities deprived of basic social amenities in the Afadzato South District."
Faculty News

Professor Belen Villalonga shares insights on the profitability of family-run companies

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Excerpt from Fortune -- "Belen Villalonga of New York University has found that controlled companies have higher-than-average profitability."
Faculty News

Professor Adam Alter's forthcoming book, "Irresistible," is included on a list of creative leadership books

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Excerpt from Forbes -- "The new book from a professor of psychology and marketing at NYU Stern and the author of Drunk Tank Pink, the bestselling study of how environmental factors shape how we think and behave. Here, Alter tracks the rise of behavioral addiction – to social media, TV binge-watching, work and more – and explores how we can both set better boundaries and learn to use addictive products for good."
Faculty News

Professor Paul Wachtel discusses Alan Greenspan's work

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Excerpt from the Foundation for Economic Education -- "Paul Wachtel, an NYU economics professor who was on Greenspan's dissertation committee, defends Greenspan’s work, claiming, 'the chapter written by Greenspan in 1959 on investment risk and stock prices anticipated by 10 years the Q ratio developed in 1969 by the late James Tobin,' who would become a Nobel laureate."
Faculty News

Professors Arun Sundararajan and Michael Posner's comments at World Economic Forum meetings in Dubai and Davos, respectively, are featured

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Excerpt from Quartz -- "'There’s a growing concern about the gap between what’s true on the internet and what’s not, and how the internet and these social networks and platforms are affecting both political and social interactions,' said Posner, a former member of the Obama administration and professor at New York University’s Stern School of Business. Donald Trump’s upset in the US presidential election was viewed as the first 'earth-shaking impact of this kind of bias,' Arun Sundararajan, a professor at NYU Stern who attended the meeting, told Quartz."
Faculty News

Professor Aswath Damodaran's research on growth in financial markets is featured

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Excerpt from The Wall Street Journal -- "In November, investors were expecting to earn 6.3 percentage points more by owning risky stocks instead of safe bonds, according to Aswath Damodaran, a finance professor at New York University. By Wednesday that premium had shrunk to 5.7 percentage points."
Faculty News

Professor Robert Whitelaw is interviewed about how artificial intelligence may impact venture capital investments in China

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Excerpt from China Radio International -- "What we've seen with artificial intelligence is to some extent, there were many decades where there was a lot promised and very little delivered. But I think now that in some sense, technology, computer systems, the programming has caught up with that potential. People are starting to see that artificial intelligence can, in fact, have big implications for how we do many things."
Faculty News

Professor Thomaï Serdari shares her views on Calvin Klein's offering of bespoke services to all customers

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Excerpt from Luxury Daily -- "'Opening up its bespoke services to everyday clients will help Calvin Klein elevate the customer’s perception of the brand and also intrigue them with the possibility of something both unique and special (as all bespoke items are) as well as representative of the iconic American style the brand ushered in the past with its collections,' [Serdari] said."