Experience Stern | News & Events

Excerpt from Yahoo Finance -- "Bernanke said at a conference at New York University on Friday that the Fed needs to have expanded powers to lend to institutions that are not commercial banks, which is the only industry that the central bank can offer emergency funds to as a 'lender of last resort.'"

Excerpt from Clear Admit -- "'Most business schools either have a veterans group that you can reach out to directly or an admissions department who would be happy to connect potential applicants with veteran current students or alumni,' said Stern student Daly...As for Costello, he recommends doing your research, first and foremost. And from there, don’t sell yourself short. 'Your military experience makes you a valuable hire for some of the best firms around the world,' he said. 'Don’t hide your military success. Learn how to translate your amazing accomplishments and use them to highlight why you’re a great candidate in any industry you want to explore.'"

Excerpt from the CNN-- "The decision to step back from those markets in Western Europe may have been driven by how competitive the market is there, said Robert Salomon, a professor of international management at NYU's Stern business school. 'It's very difficult for them to enter with a proposition to say "Hey, we're the espresso coffee company,"' he noted. But in China, Starbucks can set itself up as a coffee destination."

Excerpt from TED -- "'You can think of diversity as the gateways — to schools, communities, organizations — while inclusion includes the pathways that lead up to and through those gateways. Gateways include decision points such as admissions, hiring, promotions and salary decisions. Pathways are the moments that can shape those outcomes, but they tend not to be trackable by official statistics."

 

Annual Reviews, MIT Golub Center for Finance and Policy (GCFP) and New York University Stern School of Business (NYU Stern) will convene today and tomorrow to present new review articles focused on the 2008 financial crisis in the Annual Review of Financial Economics Volume 10.

On November 8-9, Annual Reviews, MIT Golub Center and NYU Stern co-hosted the “2008 Financial Crisis: A Ten-Year Review” conference.

Excerpt from Ad Age -- "Anat Lechner, a clinical associate professor of management and organizations at NYU's Stern School of Business, said that having an office party with a partly clothed dancer is disrespectful to employees and indicates that such behavior is tolerated at the highest levels. 'In a day and age when Me Too is so pervasive, to hold an event like this you have to be ... I don't even know what. Blind at best,' she says."

Excerpt from InformationWeek -- "New York University Stern School of Business Professor Baruch Lev co-authored a book entitled The End of Accounting, which identifies a disconnect between the traditional accounting of tangible assets and how that applies to intangible assets. As he points out in his blog, '[C]orporate balance sheets proudly exhibit industrial age buildings, machines and inventory, while blockbuster patents or leading brands are MIA on the balance sheet.'"

The NYU Stern Center for Global Economy and Business will host a Fireside Chat with James Forese on November 7, 2018.

Excerpt from Chicago Tribune -- “'There was a general perception that they would take money from anyone,' said Arun Sundararajan, a professor at New York University’s business school who wrote a book titled “The Sharing Economy: The End of Employment and the Rise of Crowd-Based Capitalism.”

Excerpt from Sustainable Brands -- "Kicking off the conference was NYU Stern Center for Sustainable Business (CSB) Director Tensie Whelan, who broke down the Center’s new Sustainability Monetization Framework tool for unlocking growth opportunities."

Excerpt from Crain's New York Business -- "'For the city, it should be just a straightforward thing: We will get more benefit than what we are giving away,' said Alain Bertaud, a senior research scholar at the NYU Marron Institute of Urban Management and author of Order Without Design: How Markets Shape Cities. 'But we are dealing with a lot of data, which are not very clear. [Government] might be tempted to make a deal that will be to the detriment of the maintenance of the city.'"

Excerpt from Poets & Quants -- "Student success today is also very different. We are training students for more diverse industries, dynamic workplaces, and economies. Students need to be more adaptive and global in outlook than ever before, and it’s exciting for me to bring my leadership development skills to NYU. Having a global orientation will help the student to succeed not just in college, but all throughout their career in a rapidly changing environment."

On November 6, NYU Stern hosted the latest installment of the "In Conversation with Lord Mervyn King" series featuring Anna Wintour, editor-in-chief, Vogue, and artistic director, Condé Nast.

This program equips executives with a general understanding of accounting and financial principles as they relate to organizations' operations and decision-making processes.

Excerpt from euronews -- (translated from Spanish using Google Translate) "Foudy believes that if Trump loses the mid-term elections, a quick deal with Europe would be possible: 'Most trade negotiations are measured in years, sometimes in decades and not in months... I believe that if the President feels hurt in these elections, Europe could really see an opportunity to close a deal and see it in the next 3 or 4 months on the most favorable terms.'"

Excerpt from Crain's New York Business -- "This is tremendously important, not just because it gives employees the time and flexibility to vote, but because it provides them with another nudge that it's Election Day. When your CEO emails you and sends a calendar invite about the importance of voting, you get the message."

NYU Stern’s Business & Society Program hosted Innocence Project Staff Attorney Seema Saifee and Darryl Howard, who was exonerated after serving 24 years for a wrongful murder conviction, this fall.

Excerpt from Clear Admit -- "NYU Stern School of Business released its 2018 MBA Employment Report at the end of last month, revealing that more graduates in the Class of 2018 had accepted full-time job offers three months after graduation than anytime in the past five years. Not only that, many recent grads reported a large jump in salary and bonuses."

Excerpt from InsideSources -- "'Money gets you access,' said Lawrence White, professor of economics at New York University’s Leonard N. Stern School of Business. 'Even if it comes a Democratic Congress, and there’s financial reform regulation on the table, the Wall Street guys want to be able to talk to the staff of the Senate Banking Committee and the House Financial Services Committee,and just point out, here are the implications [from our end].'"

Excerpt from Forbes -- "'Given Tesla's struggles to scale production of the Model 3, someone with deep experience in managing large-scale, high-tech manufacturing and the associated supply chain might be extremely valuable for the board,' said Melissa Schilling, an innovation and strategy professor at New York University who has followed Tesla and SpaceX very closely and served on the National Academy of Sciences committee on 'Overcoming the Barriers to Adoption of Electric Vehicles.'"
 

Excerpt from MarketWatch -- "I believe the real fire starter is the tobacco of our generation, social media, and the algorithms that have determined that the path to more engagement, clicks, and Nissan ads is paved in rage. The algorithms sense if you lean left or right, then begin shoving you to the poles and serving you increasingly provocative and extreme content you can’t turn away from, to scratch a tribal itch."
 

Excerpt from Digiday -- "'It’s costly to create an environment for training that doesn’t happen that often,' said Ghose. 'You’re trying to train employees for some weather-related disaster, so creating an environment like that in the real world is going to be tricky or expensive. So, why not have employees simulate that? In this way, you save a bunch of money.'"

Excerpt from CNBC -- "'I think nobody knows what they (the U.S.) would view as a successful conclusion including, by the way, the Chinese. There is some confusion about the more precise aims of what this exercise are,' he said."

Excerpt from Clear Admit -- "'While the top three industries employing Stern students are consulting, investment banking, and tech, graduates are pursuing roles in a range of diverse areas including growing industries like fintech,' explained Briggs."