Experience Stern | News & Events

Excerpt from Financial Times -- "As a professional manager, Mr Pichai will inevitably strike a more cautious stance than Google’s founders, says Melissa Schilling, a Stern business school professor. 'We’re likely to see more risk aversion, and a move to make the company more ordinary,' she says. But it is hard to see Mr. Page and Mr. Brin — whose shareholdings and board seats leave them still in the driving seat — settling for something quite so prosaic."

Excerpt from Knowledge@Wharton -- "NYU scholar Anindya Ghose recently quantified the scale of this problem saying one in five ads one sees on a smartphone are fraudulent. "
 

Excerpt from InvestorPlace -- “'The reasons for this putative failure of value investing elude investors and academics, making it a challenge to assess the likelihood of the return of value investing to its days of glory,' according to a study on value stocks conducted by the NYU Stern School of Business."
 

Excerpt from MarketWatch -- "Aswath Damodaran, a New York University professor, calculated Aramco at a valuation of $1.7 trillion might be a pretty good investment for Saudi nationals, but just for the dividends as the stock price won’t have much room to appreciate."
 

Excerpt from Benzinga -- "Steven Altman, a senior research scholar at the NYU Stern School of Business and the lead author of the DHL GCI, spoke at length on the causes and impact of global connectedness that had visibly declined over the last year. He pointed out that though the index did fall, it only reversed part of the increase that had propelled its figures to a record high in 2017 – noting that the index was still close to its all-time high."

Excerpt from Bloomberg -- "Scott Galloway, a professor of marketing a the NYU Stern School of Business, said the commercial itself is tone deaf and borderline offensive. But 'in this attention-driven economy, anything that gets attention is arguably a positive,' he said in an interview. 'It’s bringing Peloton into the social discourse on very regular basis, which is what ads are supposed to do' If Peloton had to do it again, Galloway said, 'I’d argue they probably would.'”

Excerpt from Marketplace -- "New York University professor Arun Sundararajan, who studies how technologies transform business, said shippers and online retailers are feeling increased pressure to deliver quickly. 'A lot of the expectations of consumers regarding speed of shipping have been driven by Amazon,' Sundararajan said. 'And for a smaller retailers, keeping up with that kind of expectation is incredibly hard.'”

Excerpt from Bloomberg -- "That leaves Fitzpatrick more or less alone to steer Soros through this cultural transformation—while keeping alive its reputation as a premier asset manager. 'For a company to undergo a personality change, especially when there’s not a crisis, is almost impossible,' says Anat Lechner, a management professor at New York University’s Stern School of Business."

Excerpt from FindMBA -- "Holly Curtis, director of MBA admissions at Stern, says: 'We see a clear demand for the program. Prospective students are excited about refining their skills and strategic thinking in both business and tech. We welcomed our second class to campus in May. We’re proud the cohort is 50 percent female.'”
 

Excerpt from SI News -- "'The programme was overall above expectations…I met some of the brightest people that I’ve met in my career. We were more collaborative than competitive and I learned to approach problems from different angles. Data science for business opened a world to me and other subjects gave that wow factor to techniques that we should be applying for problem-solving,' says MSBA graduate, Lola Alarcon Tomas."

DHL and NYU Stern School of Business today released the 2019 update of the DHL Global Connectedness Index (GCI), which highlights key developments in international flows of capital, trade, information, and people.

Excerpt from BBC -- "Management Science published a study on online dating in 2017 which highlighted the paradox of choice, noting that increasing the number of potential matches has a positive effect due to larger choice, but also a negative effect due to competition between agents on the same side.'"

Excerpt from E-Commerce Times -- "'The last straw that smaller retailers were holding onto was their ability to offer a more personal and special in-store experience versus the larger retailers,' he told the E-Commerce Times. 'Now that even American Express can't get consumers off their couch for Small Business Saturdays, they have to go head-to-head against Amazon online, where competing on price and delivery speed is a non-starter.'"

Excerpt from Fortune -- “'The magnitude of the next spike in default rates, whenever it occurs, will be severe,' said Edward Altman, professor emeritus at New York University’s Stern School of Business and director of the Credit and Fixed Income Research Program at the NYU Salomon Center. The pain will last longer than is typical, he believes, and more money will be lost than normal through defaults."

Excerpt from Innovation Leader -- "When Ari Ginsberg discusses the business ecosystem, it can sound like he’s narrating an episode of the nature show Planet Earth. Ginsberg, a Professor of Entrepreneurship and Management at New York University’s Stern School of Business, talks about young startups as field mice —tiny players in the ecosystem.
 

Excerpt from Reuters TV -- "'We know from Amazon it takes a tremendous amount of investment to actually get there. In addition, Amazon has a massive amount of logistics infrastructure knowing how to distribute to warehouses. If you have many, many small warehouses, how do you actually deal with that in logistics aspect? Just to put in some scale to it, Amazon in a decade went from a $1 billion in shipping to $60 billion and Q4 alone it's estimated that they are going to spend $1.5 billion just on same day delivery under Prime.'"

Excerpt from MetroMBA -- "If you want to work in the financial district of New York City, there are two schools you should consider. For accountants, NYU Stern has a one-year, 30-credit program regarded as the best Master’s in Accounting in New York."

Excerpt from WIRED UK -- "The cinema chains will likely claim that Netflix’s decision to buy the lease to the Paris Theatre has been done in response to the fraught relationship the streaming giant has had with the major cinema chains. But they could go further. 'To me, it's a pretty smart move,' says Paul Hardart, director of entertainment, media and technology at New York University Stern School of Business. 'For a long time, they were just saying, we want people to watch it, wherever they want to watch it, how they want to watch it – in their homes.'”

Excerpt from Politico -- “'It’s likely that there will be a high volume of misinformation and disinformation pegged to the 2020 election, with the majority of it being generated right here in the United States, as opposed to coming from overseas,' said Paul Barrett, deputy director of New York University’s Stern Center for Business and Human Rights."

Excerpt from Fast Company -- "Vasant Dhar, an artificial intelligence researcher and professor at New York University’s Stern School of Business, says some countries are working on systems that could more easily free up data for such projects. A data protection bill on the table in India would create an app where people can collect and view their data, for instance. It would also appoint a “data fiduciary” to each account, someone who would act as a gatekeeper to a person’s data."
 

Excerpt from Forbes -- "The book, When the President Calls: Conversations With Economic Policymakers, by NYU professor Simon Bowmaker, sheds new light on the inner workings of how things get done in the executive branch. It involved extensive interviews with dozens of past economic bigwigs, including Alan Greenspan, Paul Volcker, Austan Goolsbee, Janet Yellen, Robert Rubin, and Hank Paulson. "

Excerpt from Bloomberg Quint -- "Systemic risk across India‘s financial institutions has remained range bound despite recent attempts to improve the level of capitalisation across the country’s state-owned banks, according to Nobel Laureate Robert Engle."

Excerpt from Vox -- "'I think the value of a diamond is zero. It's entirely the value you have, in regards to the person who gave it to you.'"

Excerpt from Business Insider -- "Meyvis said the preorder program was a time-worn marketing strategy known as the 'foot-in-the-door' technique.'You get people to make a small commitment, and then they're more likely to make a big commitment later on,' he said. Meyvis agreed with the idea that the psychology here is comparable to a Kickstarter campaign, which has helped many innovative brands generate interest in their product concepts."

Excerpt from Brookings Institute Blog -- "Using corporate deposit and loan transaction data for European banks from January 2006 to June 2010, Viral Acharya of NYU Stern School of Business and coauthors find that the European Central Bank’s increase in liquidity provision beginning in October 2008 lowered deposit spreads for both high-risk and low-risk banks, but reduced loan spreads only for low-risk banks."