Experience Stern | News & Events

Excerpt from FindMBA -- "New York’s Stern School of Business started accepting the EA for its MBA in August. Lisa Rios, executive director of MBA admissions, notes that the EA was specifically designed to be short in duration (it lasts 90 minutes) and requires a modest time commitment to prepare."

Excerpt from Investor Place -- Professor Aswath Damodaran of New York University’s Stern School of Business made it clear that he prefers Lyft’s approach of focusing on passengers and sticking to the North American market for now: 'I’d take Lyft over Uber because Uber wants to be all things to all people. You’d think they’d learn from their mistakes. They tried in China and had to back out of China. I think being less ambitious in this business, until you figured out a business model, is better.'”

Excerpt from TopMBA -- "LSE offers the TRIUM Global Executive MBA program jointly with the NYU Stern School of Business and HEC Paris. This course provides a global curriculum for senior-level executives across six international business locations (London, California, Paris, New York, Shanghai, Paris) over 18 months. Modules are designed and delivered by all three schools, allowing them to complement their strengths, on learning retreats of one or two weeks over the 18 months, drastically reducing the amount of time students are required to take away from their professional work – no student will be away from work for longer than 10 weeks in total."

Excerpt from Poets & Quants -- "'Stern has a larger faculty than most business schools with a broad range of expertise. Our size gives us the flexibility to be nimble, to anticipate ever-changing market needs and to be first and fast to market. For example, our size and strengths enabled us to be the first U.S. business school to introduce a Fintech specialization, to create a new category of focused MBA programs and to offer an MS in Management online.'”

Excerpt The Atlantic -- "But Thomai Serdari, a luxury-marketing strategist and professor at New York University, nods to the 2008 financial collapse as the moment that helped more types of business realize that parachuting into a trendy neighborhood often makes more financial sense than committing to hang around for 20 years. 'No one wants to invest long-term, and brands don’t want to take risks with inventories,' Serdari says."

Excerpt from Poets & Quants -- "'Each of our MBA programs is deeply connected to industry, with our NYC location being an unmatched asset. We want the student experience to be all about transformation and, as a school, we walk the talk...Stern has a larger faculty than most business schools with a broad range of expertise. Our size gives us the flexibility to be nimble, to anticipate ever-changing market needs and to be first and fast to market.'”

 

Excerpt from CCN -- According to Nobel laureate Robert Engle, an economist at NYU Stern, numbers show that geopolitical risk in the global economy is lower now than it was before.
 

Excerpt from Reuters -- “'I think one of the reasons that we chose to focus on these three groups of risk is that they are at the top of the list of every CEO when you ask what keeps them up at night,' says Richard Berner, co-head of the Volatility and Risk Institute at NYU’s Stern School of Business. Berner described to Regulatory Intelligence a new effort to put cyber, geopolitical and climate risk in the spotlight. The institute earlier this month announced it had formed an interdisciplinary approach to analyze each area and how they interacted."

Excerpt from Seeking Alpha -- "More recent research by Edward Altman and Brenda Kuehne at the Salomon Center for the Study of Financial Institutions at NYU Stern found that fallen angels have markedly lower default risk than other high-yield bonds. Between 1985 and 2017, the average annual default rate on fallen angels was around 1% a year lower than on bonds that were rated high-yield when issued."
 

On Tuesday, November 12, NYU Stern's Center for Global Economy and Business will host a fireside chat with Roger Ferguson, President & CEO, TIAA; Former Vice Chairman of the Board of Governors of the U.S. Federal Reserve System.

Excerpt from The Modern Sale -- "So far, AI/ML has mostly been used to augment products that firms offer. For example, Gmail now includes a predictive typing feature that uses AI to “guess” at the next several words in sentences that I write. It is a nifty feature — not world-changing or anything like that, but certainly helpful. But, in the future, we will see lots more AI in lots more products/services/devices, and we will start to see firms reorganizing themselves in different ways to take advantage of what AI can do. It is still early days."

Excerpt from Moneyweb -- "In a study on the usefulness of published accounts, researcher Baruch Lev places much of the blame on the proliferation of estimates in financial reports: 'To a large extent, financial reports are based on estimates, judgements, and models rather than exact depictions,' he says."

Excerpt from Bloomberg -- “'If you are a trader, you can try to take advantage of the price drop, but the drop is [typically] small and short-selling costs tend to be large' New York University professor Aswath Damodaran said in an interview."
 

Excerpt from Harvard Business Review -- "To better understand the experience of women of color in the workplace in particular, see Minda Harts’s The Memo: What Women of Color Need to Know to Secure a Seat at The Table. For an exploration of identity, gender and race, read Jodi Patterson’s The Bold World. And for a more general look at how to lead in an inclusive way, take up Dolly Chugh’s The Person You Mean to Be: How Good People Fight Bias."

Excerpt from Business Insider -- "He says that Elizabeth Warren has run a 'masterclass' of a campaign and that she's 'impressive' and 'substantive.' But her 'attributes are viewed as negative simply because she is a she' — he thinks that the US is still too sexist to elect a woman.

Excerpt from CIOReview -- "At the NYU Stern School of Business, we believe that leadership development is a great opportunity for students and organizations. And this experiential learning occurs as people get involved in it, instead of sitting in a workshop or a series of meetings."

Excerpt from GARP.org -- "The Volatility Institute at New York University's Stern School of Business, founded in the aftermath of the 2008 financial crisis, has a new name – the Volatility and Risk Institute – signifying a focus beyond just financial risks. The institute and its Volatility Laboratory, or V-Lab, are renowned for continuous measurements and forecasts of volatility in financial markets, among them the SRISK systemic risk analytics...The expanded institute now has co-directors: Engle, who was director of the Volatility Institute; and Richard Berner, professor of management practice."

Excerpt from Forbes -- "As explained in the recent report by NYU Stern, the term deepfake comes from the combination of “deep learning” and “fake.” Deep learning has gained tremendous attention in recent years in the field of artificial intelligence due to outstanding results in many tasks, often outperforming human specialists in the fields of natural language and image processing."

Excerpt from Clear Admit -- "It feels great to be back in school and I am so grateful for this opportunity. Stern was my top choice immediately, and its Fertitta Veterans program, which supports military vets and active duty students in their transition to business school, is extraordinary."
 

On Friday November, 8th, the Stern Technology Association will host TechCon, featuring a conversation between MBA students and Tech industry leaders about the challenges, trends and innovations in the industry.

Excerpt from The Economist -- "Illiquidity matters less if investors have longer horizons. A pioneering paper by Yakov Amihud and Haim Mendelson, published in 1986, posits that investors with the shortest horizons hold securities with the lowest trading costs; and bonds that are relatively illiquid are held by long-term investors, who can spread the higher trading costs over a longer holding period."

Excerpt from Refrigerated & Frozen Foods Magazine -- "NYU Stern Center for Sustainable Business (CSB), New York, and IRI, Chicago, launched a new Sustainable Market Share Index, an in-depth analysis of consumer purchases of products marketed for their sustainable attributes. The research finds that sustainability-marketed products are responsible for more than half of the growth in consumer packaged goods (CPGs) since 2013."

Excerpt from Business Insider -- "But NYU Professor Priya Raghubir says the real key to Target's success is that you don't actually regret buying anything. Those unplanned purchases, they're often things people do want, they just haven't thought of putting them on their shopping list."
 

Excerpt from Risk.net -- "From tariff spats to terrorist threats, geopolitical risk is a persistent driver of securities prices and financial markets. But according to Robert Engle – the NYU Stern economist who won the Nobel prize for his work on measuring volatility – market-watchers may be overestimating the impact of global tensions."

Excerpt from The Wall Street Journal -- "‘The idea that US markets are the most competitive in the world has been widely accepted in economics for several decades,' economist Thomas Philippon writes in 'The Great Reversal.' The thrust of his argument is that this idea is largely a myth. Even before the financial crash of 2007-08, he says, many Americans felt that there was something not right about the economy—that it wasn’t performing as advertised."