Experience Stern | News & Events

Excerpt from Xinhua -- "'I think in the short term the GDP could get worse, [and] the process of rebalancing could actually be painful, but a short-term pain to make the country healthier and more vibrant in the future,' said Foudy."

Excerpt from The Economist -- "On October 26th, an op-ed in the Wall Street Journal by Michael Spence and Kevin Warsh, both of Stanford University, argued that the Federal Reserve’s $3 trillion bond-buying programme, which was designed to push down long-term rates and boost corporate borrowing, has actually caused business investment to fall. The authors write that the Fed’s unconventional policies to expand the money supply, known as quantitative easing (QE), have made short-term financial assets like stocks and bonds more appealing as their capital value increases, thereby diverting capital from more productive longer-term investments in the 'real economy'. The result has been low investment growth, weak productivity, and stagnant wages."

Excerpt from TechDay -- "We realized that what’s already out there isn’t what we would want, or what our friends want. Bachelorette parties should be truly unique and special, and reflective of the person getting married. That’s when we realized there’d be a true opportunity here."

Excerpt from The New York Times -- "'I think it’s just become wildly overblown because everything gets wildly overblown today,' Professor Winer said. 'The total amount of attention that Starbucks gets and the reaction to it is something that could, in fact, work in their favor.'"

NYU Stern's Office of Alumni and Development Relations will host Author Thor Björgólfsson (BS '91) in a conversation with Matthew Bishop, US Business Editor of The Economist. 

Excerpt from Marketplace -- "'Gold isn't produced fast enough to keep up with the growth of the economy,' said Richard Sylla, professor of economics at New York University."

Excerpt from Bloomberg -- "I don't think an outfit like Fidelity has any business being in this space, to be quite honest. I don't think they know how to play the pricing game and I think when you get these public company investors in private spaces, you're really asking for trouble."

Excerpt from Clear Admit -- "This week at NYU Stern, the Military Veterans Club is hosting its inaugural NYU Stern Veterans Week, which will include a 'variety of events for the Stern community such as an MBA veterans Q&A panel where Sternies can ask us about our military experiences, a bootcamp workout session, and a guest speaker event featuring a retired two-star general officer.'"

Excerpt from WIRED -- "'The moment that they began making their own films they had to recognize that they were without many opportunities to pursue international business,' says Alvin Lieberman, executive director of the Entertainment, Media, and Technology Initiative at NYU’s Stern School of Business. After all, most major film studios now make more money from international markets than the United States, and have adjusted the development process to accommodate that change."

Excerpt from Bloomberg -- "The first thing I came up with for right now has got to be the refugee crisis in Europe. I mean, we've got some 5 million nearly refugees coming just from Syria. Only 6% made it to Europe thus far. A lot more are coming. The ability of the Europeans to integrate these people is virtually nil. The cultural backlash. The populism that comes in the European capitals as a consequence."

Excerpt from Fair Observer -- "In many ways, the current situation is a classic case of collective action failure. No one stakeholder wants to take initiative unless others also commit to taking the plunge. In the case of the Gulf, the cultural, sports and academic institutions that sponsor some of these projects—often based in developed countries—claim that they have no authority over GCC (Gulf Cooperation Council) policies."

Excerpt from The New York Times -- "Jonathan Haidt, a professor of social psychology at N.Y.U., noted in an email that for liberals, 'compassion for those who are suffering is the most crucial virtue.' Conservatives, in contrast, 'believe more in "just deserts" and making criminals pay.'"

Excerpt from Pudong Times -- "Emerging markets, especially in China, have recently accelerated liberalization processes in numerous financial sectors. Nobel winner Robert Engle, Director of the Volatility Institute at NYU Stern School of Business, gave a speech about the risks of 2016. The audience took part in a wide discussion of financial topics."

Excerpt from the San Francisco Chronicle -- "'Their narratives are grounded in the truth,' [Sundararajan] said. 'Uber creates a form of work for hundreds of thousands of people. Airbnb’s hundreds of thousands of hosts are leading better lives because they can supplement their income with their Airbnb revenues.' Although they are multibillion-dollar companies, their models 'actually do share a pretty large fraction of the value created (by renting rooms or giving rides) with the people providing the service.'"

Excerpt from LiveMint -- "Pankaj Ghemawat (No. 19) is based at New York’s Stern School and IESE Business School in Spain. Nominated for the 2013 Thinkers50 Global Solutions Award for his Global Connectedness Index, Ghemawat was the youngest full professor at Harvard Business School. His 2011 book World 3.0 won the Thinkers50 Book Award."   

From Tuesday, November 10 to Thursday, November 12, the Military Veterans Club will host events in celebration of its first annual Veterans Week.

NYU Stern’s MS in Risk Management (MSRM) Program hosted the second Risk Roundtable Series on Monday, November 9, 2015. As the financial services and banking industries see an increase in digital currency transactions, a panel of experts convened at NYU Stern to discuss cryptocurrency, providing students and alumni of the program with an opportunity to delve into this timely topic.

Excerpt from Investor's Business Daily -- "It has a potential to be a game changer,' said Anindya Ghose, professor at New York University's Stern School of Business. 'I think the rest of the world will look to (the U.S.) to shape the agenda and make the rules.'"

Excerpt from Les Echos -- "For a long time we lived with the idea that the world had become flat and the border had completely disappeared, thanks to globalization. This was never the case! Economic, cultural, administrative and political differences between countries have always existed. Today, the DHL Global Connectedness Index 2014, on which I worked, measures levels of integration between countries, and shows that we are almost back to the state where we were before the crisis, the same 'levels' of globalization. But if we look in detail, it is the flow of people and information that have increased, while the growth in trade and capital transfers, which affect the operation of enterprises, are stagnating."

Excerpt from Financial News -- "Getting rid of the troublesome investment banks leaves the parents with much diminished scale and more limited aspirations, but the parents would be able to concentrate on their commercial and retail businesses and have a chance to improve their stock prices considerably, as UBS has done, while greatly easing the minds of their regulators."

Manish Chopra will lead a discussion on the benefits of mindfulness in business and share how he has personally benefited from mindfulness practice.

Excert from The Wall Street Journal -- "The ratio can be calculated by dividing operating income—typically defined as earnings before interest and taxes, or EBIT—by its interest expense. ... 'If your coverage ratio is 1, then you have no cushion,' says Dan Gode, accounting professor at the New York University Stern School of Business. Simply: When a company’s operating earnings are equal to its borrowing costs (giving it a coverage ratio of 1.0), there is no margin for error. If the business meets a rough patch and earnings drop, then the company might not be able to pay the interest on its loans. 'If the ratio is north of 3 or 4, then you have some cushion,' Prof. Gode adds."

Excerpt from Fortune -- "Focusing on too narrow of an audience reduces its potential as a form of entertainment. Conversely, acknowledging women as part a financially viable part of the total gamer audience forces game companies to innovate their businesses."

Excerpt from Forbes -- "Insisting on clear prose analysis rather than hard numbers keeps you from sliding down the slope that Paul Romer, an economist at NYU, recently named ‘Mathiness’, i.e. economics masquerading as science through math. Avoiding the 'mathiness trap' will thereby make you more likely to examine the logic and assumptions underpinning the drivers and constraints that are driving the situation."

Excerpt from the Financial Times -- "In the US, economists John Asker, Joan Farre-Mensa and Alexander Ljungqvist have found evidence that public companies invest substantially less and are less responsive to changes in investment opportunities, especially in industries where share prices are most sensitive to earnings news."