Experience Stern | News & Events

Excerpt from InvestorPlace -- "'The Effect of Dividends on Consumption' a Brookings Paper on Economics by Baker, Nagel and Wurgler expounds on this topic: 'consumption indeed responds much more strongly to returns in the form of dividends than to returns in the form of capital gains.'"

Excerpt from NPR -- "But adapting a new safety net for the new workforce will take time, says Arun Sundararajan, a management professor at New York University. And he says the transition could be messy. 'Full-time employment didn't sort of come packaged with all of these wonderful things that we now associate with it; it was built sort of painstakingly over 100 years,' Sundararajan says."

Excerpt from The New York Times -- "As the social psychologist Jonathan Haidt concluded in his 2012 book, 'The Righteous Mind,' if we have 'affection, admiration, or desire to please' other people, we lean toward them and attempt to 'find the truth' in their arguments. Social proximity matters."

Excerpt from SHRM Magazine -- "'[Ageism] sneaks up on us,' North says. 'We really don’t think about age and aging until later in life. But we need to examine the issue and recognize the value that comes with age and experience.'"

Excerpt from Quartz -- "'Well, it is true that Softbank has tremendous clout given its investments. Traditionally, Softbank has supported local players over Uber in these markets,' Anindya Ghose, the Heinz Riehl professor of business at New York University (NYU), told Quartz. 'But to me, it does not seem like a great decision for Uber to move out of India. First, India continues to be a very important market and Uber’s performance in India has been stronger than ever of late.'"

Excerpt from Fast Company -- "According to Seth Freeman, a conflict and negotiation expert and a professor at NYU Stern School of Business, ultimately– no matter what type of personality you have, there are three important things that are critical to any successful negotiation: credibility, preparation, and listening. 'The perception is that negotiators are born and not made. People think that it’s about negotiating quickly on your feet. That’s not real negotiation. Really good negotiation is boring to watch, [because] lot of it is dependent on preparation.'"

Excerpt from CNBC -- "...Children especially don't have the resources, the capacity, to control themselves in the same way that adults do. Having said that, adults spend four hours a day on screens and that is growing every year. That has grown from three hours two years ago. So I think it is a concern for adults as well, but especially for children who need to be guided by adults."
 

Excerpt from NPR -- "'Twenty years from now, I don't think a typical college graduate is going to expect that full-time employment is their path to building a career,' Sundararajan says. He says that will ultimately lead to many other changes, from education to social structures and public services."

Excerpt from the Financial Times -- "NYU Stern, [Yermack] says, was in the right place to develop expertise — close to a culture of fintech entrepreneurship around Union Square and, what he calls, the 'legacy banks' of Wall Street that were looking for qualified staff for their new blockchain applications. His course was a gamble: three years ago it started with 30 students; this year 100 are enrolled. Next year, between 200 and 300 will take it."

Excerpt from Forbes -- "Among the most difficult, strategic and important tasks for marketers is deciding the optimal number of target personas and the criteria for defining them because it majorly affects brand positioning, and budget and talent resource allocations."
 

Excerpt from The Washington Post -- "'States can really do nothing to change the fact that federal employees aren’t receiving paychecks, and that will certainly be the biggest impact on the economy,' said Constantine Yannelis, a finance professor at New York University."

Excerpt from NJ Today -- "The report, SEC Enforcement Activity: Public Companies and Subsidiaries, Fiscal Year 2017 Update, analyzes data from the Securities Enforcement Empirical Database (SEED)."

Excerpt from the Economic Times -- "'It will be important for Indian ecommerce retailers to implement a mobile shopping experience which uses local payment methods, local shipping and returns, and a localised checkout which calculates duties and taxes,' says Anindya Ghose, a professor at New York University's Stern School of Business."

Excerpt from CNNMoney -- "'If you are in a larger house and ready to downsize or move, this will be a pure gain for you,' said Stijn Van Nieuwerburgh, professor of finance and director of the Center for Real Estate Finance Research at New York University Stern School of Business."

Excerpt from Mic -- "'The example … is that The Simpsons had something that looked much like an Apple Watch,' Gary Simon, a retired professor of statistics at New York University Stern School of Business, said in a Skype call. 'Well, you know, a communications device on the wrist goes back to Dick Tracy, and the features on the Apple Watch are not going to match exactly the features that The Simpsons would have had on the watch. You have to decide whether that’s an effective prediction or not,' Simon said."

Excerpt from Bloomberg -- “One of the most obvious events would be an indictment of the president. I’ve asked my friends, though, and they don’t seem to think it’ll be a very volatile moment. Maybe that’s consistent with the idea that volatility, or lack thereof, comes from Washington. I think more about geopolitical events: deterioration of conditions in the Middle East or North Korea. What really scares me the most is a cyberthreat. That countries could get into our computer system. That could produce a lot of volatility and damage our system.”
 

Excerpt from the Financial Times -- "Two economists, Germán Gutiérrez and Thomas Philippon, have argued that corporate America is underinvesting. One reason is that companies are impatiently funnelling cash to investors and executives rather than take a long-term view."

A team of NYU Stern MBA students won the eighth annual MBA National Case Competition sponsored by Deloitte. The team, including Eric Gioseffi (MBA ‘19), Denitsa Kosharova (MBA ‘19), Utkarsh Satyawadi (MBA ‘19) and Kelly Williams (MBA ‘19), earned a combined scholarship of $20,000 for their presentation, which took the top honors, marking Stern’s first win in the competition.

Excerpt from Poets & Quants -- "Each year, we scour the internet and reach out to the world’s most elite business schools to find startups launched in the past five years with at least one founder who graduated with an MBA in the same time period. We then rank them on one standard: how much funding each new venture has raised."

Excerpt from Reuters -- "'Poor planning regulations are responsible for unaffordable housing in many prosperous cities,' Bertaud told the Thomson Reuters Foundation."

Excerpt from Bloomberg -- "'Similar to the candy and magazine racks, which are the most valuable space in the store, Amazon is the most valuable space on the web because you are at the very bottom of the funnel,' says Scott Galloway, a marketing professor at New York University’s Stern School of Business and author of The Four: The Hidden DNA of Amazon, Apple, Facebook and Google."

Excerpt from Finextra -- "Jamie Tobias, assistant dean, NYU Stern, adds: 'NYU Stern students are really responding to the opportunity to work on these types of real-world innovation projects, and doing so at a global bank will not only help them hone their skills in strategy and technical product development, but also expand their awareness of future career opportunities at Citi and beyond.'"

Excerpt from TopMBA -- "'Given the importance among MBA students to seek a return on investment for their degrees, Stern has been proud to offer a diverse set of funding options for well over a decade and has expanded our funding options over time,' says Paula Steisel Goldfarb, associate dean of MBA Admissions, Financial Aid, and Academic Affairs at Stern."

Excerpt from CNBC -- "I think it's a huge win for Uber as a company, it's a really big win for their CEO and it puts the company on much more stable ground, puts to rest the boardroom battle that dominated the news in 2017...overall I think its a huge win for Uber. It's also a big win for Softbank because they are consolidating their position as the investor to go to globally for on demand mobility. They have majority or significant stakes in all the large ride sharing platforms in the world now."

Excerpt from The New York Times -- "[Gary Cohn] delivered the tax legislation,' [Smith] said. 'Whether you agree with it or not, he executed. That’s his skill. And he stood up to the president after Charlottesville. People respect that. I think he could leave now with his reputation intact.' Alone among the prominent Goldman alumni in the administration, Mr. Mnuchin seems likely to stay. 'He’s been a good and loyal employee,' Professor Smith said. 'But he’s more of a Hollywood person now. His reputation in the professional financial sector may not matter that much to him.'"