Faculty News

Professor Arun Sundararajan's analysis of Uber and Lyft's innovative business models is included

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Excerpt from The San Francisco Chronicle -- Uber and Lyft were “groundbreaking as the first systems where millions of people can set their own hours and earn money proportionate to the time they put in without it having to be continuous bunch of hours,” said Arun Sundararajan, a New York University business professor who studies gig companies. “Certain segments of the population, such as single parents, need that absolute flexibility.”
School News

Stern's Real Estate MBA specialization and the Center for Real Estate Finance Research are highlighted in a story on the best b-schools for a real estate MBA

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Excerpt from Poets & Quants -- "NYU Stern’s Center for Real Estate Finance Research was established in 2012 to foster research in real estate finance, economics, and operations at Stern, and to improve and expand course offerings and career services in the MBA and undergraduate programs. Its mission also includes deepening the relationship between the Stern school and the real estate industry. The Stern School offers a real estate specialization to its full-time MBA students that 'Provides rigorous training in the development, investment, and financing of real estate projects.'"
School News

Professor Anthony Marciano and recent graduate Gabriel Ng (MBA/MPA '19) are quoted in a sustainable finance trend story, citing the new ESG fund in the Michael Price Student Investment Fund and value of experiential learning provided by the NYU Impact Inv

Wall Street Journal logo
Excerpt from The Wall Street Journal -- This spring, New York University’s Stern School of Business launched an ESG fund as part of the Michael Price Student Investment Fund family, which began investing in 2000. The six Stern M.B.A. students managing the fund choose companies using ESG scores from data providers and conducting their own independent analysis of the businesses.
Faculty News

Professor Kim Schoenholtz's joint research on improving US monetary policy communications is spotlighted

Frankfurter Allgemeine Zeitung logo
Excerpt from the Frankfurter Allgemeine Zeitung -- (translated from German using Google Translate) "Cecchetti and Schoenholtz make three suggestions in their conference paper. [Their] first suggestion should be self-evident, but it is not yet: Central bank statements should be written in understandable language. This includes making a dissent among the decision-makers clear without getting lost in endless statements. Although it may be difficult to surpass the volubility of the members of the Central Bank Council of the Deutsche Bundesbank in the 1980s and early 1990s, there is now an increase in public statements by monetary policymakers to an extent that does not promote the dissemination of a clear message. The independence of from central banks is an important achievement, but in troubled times it is not sacrosanct. It is therefore not bad for the leadership of a central bank to be perceived as a capable team, rather than and not as a chronically quarreling bunch. Secondly, Cecchetti and Schoenholtz recommend clear statements from monetary policymakers regarding how they would change course as economic perspectives change. This is a very demanding proposal that is more likely to come to academic economists than practical monetary policy makers. It is not only difficult for monetary policymakers to communicate clearly how they would, for example, respond to an intensification of international trade conflicts. An overly detailed scenario analysis could also give monetary policymakers an excuse to be too active in responding to changes in the environment."
Faculty News

Professor Kim Schoenholtz's joint research on improving US monetary policy communications is spotlighted

FAZ logo
Excerpt from Frankfurter Allgemeine Zeitung -- (translated from German using Google Translate) "Cecchetti and Schoenholtz make three suggestions in their conference paper. [Their] first suggestion should be self-evident, but it is not yet: Central bank statements should be written in understandable language. This includes making a dissent among the decision-makers clear without getting lost in endless statements. Although it may be difficult to surpass the volubility of the members of the Central Bank Council of the Deutsche Bundesbank in the 1980s and early 1990s, there is now an increase in public statements by monetary policymakers to an extent that does not promote the dissemination of a clear message. The independence of from central banks is an important achievement, but in troubled times it is not sacrosanct. It is therefore not bad for the leadership of a central bank to be perceived as a capable team, rather than and not as a chronically quarreling bunch.
Faculty News

Professor Joe Magee provides insight on the psychological effects of power

Business Insider logo
Excerpt from Business Insider -- "'The point is that power moves people in some predictable directions on average,' Joe Magee, a New York University psychologist who studies the psychological effects of power, told Business Insider in a phone interview. It's not so much a bias, he's careful to note, but a cognitive tendency or propensity."
Faculty News

Professor Scott Galloway's thoughts on breaking up Google and Facebook are referenced

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Excerpt from Barron's -- "There could be reason to break up tech giants—it is just not antitrust-related. The antitrust debate aside, a spinoff approach might be a boon for investors. Scott Galloway, the serial entrepreneur and New York University marketing professor, says that Facebook could unlock value by spinning off its Instagram and WhatsApp units, while Google could do the same with YouTube."
Faculty News

Professor Joshua Ronen provides commentary regarding the culture of former accounting firm Arthur Andersen.

Bloomberg Tax logo
Excerpt from Bloomberg Tax -- “Andersen’s culture had changed long before Enron,” Ronen said in a phone call. “There had been other scandals such as WorldCom, and the Andersen culture had changed to chasing revenue. I don’t think the name would be a positive today.”
Faculty News

Professor Allen Adamson comments on the factors that have led to a decline in the retail workforce

Reuters logo
Excerpt from Reuters -- “You don’t see many kids coming out of university saying ‘I want to go into retail,’ said Allen Adamson, an adjunct professor at New York University’s Stern School of Business.
Faculty News

Professor Lawrence White remarks on President Trump's desire to revitalize employment in manufacturing

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Excerpt from Newsweek -- Mr. Trump for over two years has been huffing and puffing about reviving manufacturing employment. This is a pipe dream, Lawrence White, an economics professor at NYU's Stern School of Business, told Newsweek.
Faculty News

Professor Jeffrey Simonoff weighs in on how producers who vote for their own shows at the Tony Awards impact the final results

Broadway Journal logo
Excerpt from Broadway Journal -- '"It could actually make a big difference, depending on how evenly matched the shows really are,' said Jeffrey Simonoff, a statistics professor at New York University’s Stern School of Business, who has studied Broadway."
Faculty News

Professor and Dean Emeritus Peter Henry discusses the potential outcome of Jamaica's single-digit inflation targeting

Jamaica Gleaner logo
Excerpt from Jamaica Gleaner -- "On the panel, Peter Blair Henry, Professor at the Stern Business School at New York University, stated that Jamaica’s single-digit inflation targeting, along with the Economic Programme Oversight Committee, has realigned the development path of Jamaica towards that of Barbados, credited as one of the most developed black nations."
Faculty News

Professor Joe Magee provides insight into the psychological effects of power

Business Insider logo
Excerpt from Business Insider -- "'The point is that power moves people in some predictable directions on average,' Joe Magee, a New York University psychologist who studies the psychological effects of power, told Business Insider in a phone interview. It's not so much a bias, he's careful to note, but a cognitive tendency or propensity."
Business and Policy Leader Events

Stern EMBA Speaker Series: Alex Anyse (TRIUM ‘11)

TRIUM Global Executive MBA alumnus Alex Anyse
On June 7, 2019, NYU Stern's Executive MBA Program and NYU Washington DC hosted a Stern EMBA Speaker Series event at NYU’s downtown DC location featuring TRIUM Global EMBA alumnus Alex Anyse (TRIUM ‘11), Co-Founder and Partner of The MASY Group, LLC.
School News

Stern's Full-time MBA employment data in the finance industry is highlighted

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Excerpt from MetroMBA -- "Few business schools in the U.S. match the number of finance graduates NYU Stern produces, with 26.2 percent of the class joining investment banking/brokerage after earning an MBA."
School News

Advice to the Class of 2019 at Stern's Graduate Convocation from keynote speaker Janet Foutty, Chair and CEO, Deloitte Consulting LLP and Chair-elect, Deloitte LLP, is featured

Business Insider logo
Excerpt from Business Insider -- "Janet Foutty, chairman and CEO of Deloitte Consulting LLP, challenged graduates of New York University's Stern School of Business to adopt a 'we' mindset instead of falling back on 'familiar excuses,' such as 'They're responsible for pollution or poverty or prejudice. They're the ones who choose this leader. They are sexist or racist or homophobic.'"
School News

In a trend story, Professor and Vice Dean of Executive Programs Robert Salomon highlights Stern’s global approach to Executive Education, citing short courses including "Sustainability Training for Business Leaders" and "Leading Global Organizations."

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Excerpt from The New York Times -- “'Every course we offer has a global component,' said Prof. Robert Salomon, vice dean of executive programs. He teaches a two-day course, Leading Global Organizations: Managing the Complex Challenges of Globalization, for entrepreneurs who are expanding abroad, executives at firms already doing business globally, and financial analysts or consultants whose clients are global organizations. The typical participant has an average of 15 years of work experience."
Faculty News

Professor James Finch shares his perspective on the US-China currency conflict

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Excerpt from South China Morning Post -- "James Finch, clinical associate professor of finance at New York University’s Leonard N. Stern School of Business, said: 'The overwhelming driver in China is political control. To have a trade currency, you have to have to get rid of all the controls on the currency.'"
Faculty News

In a podcast interview, Professor Amy Webb addresses key takeaways from her book, "The Big Nine"

Inc. logo
Excerpt from KPCW -- "'Contrary to what a lot of people think, futurists do not make predictions. Most of what we do is make connections. And the point of that is to reduce uncertainty as much as we possibly can so that people can make smarter decisions.'"
Faculty News

Professor Kim Schoenholtz's joint research on improving U.S.monetary policy communications is featured

Bloomberg logo
Excerpt from Bloomberg -- "In a research paper on Fed communications presented at the conference that generated a lot of buzz, Stephen Cecchetti, of Brandeis University, and New York University’s Kermit Schoenholtz, called for a major change in the dot plot. Rather than being anonymous, it should name which policy maker is making each forecast for rates and the economy, including the chairman’s dot."
Faculty News

Professor Adam Alter's comments on technology addiction are featured; His book, "Irresistible," is referenced

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Excerpt from The Daily Register -- "Is technology liberating? Does science-driven 'progress' make us happier? Not so, says social psychologist Adam Alter in his book, Irresistible: The Rise of Addictive Technology and the Business of Keeping Us Hooked. 'In the past, we thought of addiction as mostly related to chemical substances: heroin, cocaine, nicotine,' says Dr. Alter, an associate professor at the Stern School of Business at New York University."
Faculty News

Professor Robert Seamans offers advice for how the US government should approach tech regulation

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Excerpt from BuzzFeed -- “'I think there is a lot of appetite for letting the market sort lots of things out,' Robert Seamans, an associate professor at NYU’s Stern School of Business who spent a year as a senior economist at the White House Council of Economic Advisers, told BuzzFeed News. 'We don’t want to pick a China model where the government decides everything that should happen.'”
School News

Recent graduates Dominik Weigl (MSGF '19) and Kiana Shek (MSGF '18) reflect on how the NYU Stern-HKUST MS in Global Finance program has benefited their careers

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Excerpt from BusinessBecause -- "The HKUST-NYU Stern MS in Global Finance—a part-time, post-experience Master in Finance degree offered by Hong Kong’s HKUST Business School and NYU Stern in New York—offers students a unique insight into China’s financial industry."
Faculty News

Professor Stephen Brown's joint research on the Dow Theory is cited

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Excerpt from TheStreet.com -- "Conducted by Stephen J. Brown of New York University, William Goetzmann of Yale University, and Alok Kumar of the University of Miami, the study found that the Dow Theory over that period beat a buy-and-hold by an annual average of 4.4 percentage points."
Faculty News

Professor Paul Hardart discusses the business impact Georgia's recently-enacted Heartbeat Bill will have on entertainment companies

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Excerpt from The Atlantic -- "Paul Hardart, a marketing professor at New York University and a veteran of the film industry, says that celebrities have forced studios’ hands. 'Studios also have to keep in mind that they have talent they want to keep happy,' he explains."