Experience Stern | News & Events

Excerpt from Poets & Quants -- "As we got to know each of the top 50, we learned that no matter what sparked their interest in teaching business school undergrads, the first time setting foot in front of a classroom to deliver a lecture was momentous for all. Professors use words such as 'electrifying' and 'thrilling,' and such phrases as “unforgettable experience filled with fun” and simply, 'a blast.'"

Excerpt from CGTN-- "I would say from the point of view of a democracy, given that the present deal is so far away from what people thought they were getting, it makes real sense to have a really thorough debate, and even the possibility of another referendum."

Excerpt from The Washington Post-- "As Greg Lukianoff and Jonathan Haidt chronicle in their new book, 'The Coddling of the American Mind,' today’s young people tend to be obsessed with safety, troubled by a pervasive sense of threat. Consequently, understandably, they’re anxious and depressed."

Excerpt from Value Research -- "Lev and Gu make several specific recommendations on how financial reports can be made relevant again - by reporting numbers in a way that emphasises 'strategic assets' and how they are nurtured and grown by organisations. Further, they suggest that modified cash flows (adjusted for investments in these assets and after taking into account the cost of capital) are best used by investors for deciding on investments."

On November 13, Professor Diane Lennard shared findings from her new book, Strategic Communication at Work: The Impact Paradigm, as part of the Author Lecture Series.

Excerpt from Marketplace -- "Clearly, you know, when you're injecting that amount of money, there's a tremendous amount of influence on the founders and the leadership."

Excerpt from CNN-- "In terms of the city, there's no arguing this will be good, on most dimensions, for New York. You have to credit Mayor Bloomberg's vision to make the requisite investments to get a third university. The one thing... that's common among any company that's been able to add tens of billions of dollars in shareholder value in a matter of years, not decades, is that they're all headquartered within a bike ride of a world-class engineering university."

Excerpt from MacroBusiness -- "So when Solly Angel observes that across the United States that 'the great majority of workplaces (are) now dispersed outside CBDs, employment sub-centers or live-work communities, and (are) beyond walking or biking distance' he is saying so as a well-informed global expert."

Excerpt from Politico -- "Haidt, co-author of the recent book The Coddling of the American Mind, called Quillette in an email 'a gathering place for people who love to play with ideas and hate being told that there are ideas they are not supposed to play with.'"

Excerpt from The Wall Street Journal -- "'Giving people a phone that does less is asking a lot of consumers,' said Adam Alter, associate professor of marketing at New York University and author of the book 'Irresistible: The Rise of Addictive Technology and the Business of Keeping Us Hooked.'"

Excerpt from Poets & Quants -- “Annual Reviews, MIT Golub Center for Finance and Policy, and New York University Stern School of Business presented new review articles focused on the 2008 financial crisis in the Annual Review of Financial Economics Volume 10. The research was presented during the 2008 Financial Crisis: A Ten-Year Review conference, a two-day, invitation-only event November 8-9 spotlighting the perspectives of those with expert vantage points of the crisis."

Excerpt from Fairfield County Business Journal -- '"It is 10 years since the Lehman Brothers bankruptcy,' observed Robert F. Engle, the 2003 Nobel Prize for Economics laureate, during a recent presentation at Sacred Heart University’s Center for Applied Business Research. 'At the time, we had very sketchy theories about systemic risk, whether we could have financial meltdowns or not. Over the last decade, we learned lots of things. We have lots of research now that helps us understand where financial crises come from and how likely they are to happen again.'”

Excerpt from Yahoo! Finance -- “'Second, because the stimulus was poorly timed, the US economy is now overheating, and inflation is rising above target. The US Federal Reserve will thus continue to raise the federal funds rate from its current 2% to at least 3.5% by 2020, and that will likely push up short- and long-term interest rates as well as the US dollar,' Roubini said, predicting a major financial crisis by 2020."

Excerpt from Recode -- "Amazon is now talking about having three headquarters, Seattle, Crystal City and Long Island City. The Bezos’ also own three homes, and the average distance from those three homes to a headquarters is 6.4 miles, so this was never a contest. It was a con meant to induce ridiculous terms that they then took to the cites all along that they knew they were going to be in."

Excerpt from Bloomberg -- "Since then, the accuracies have been somewhere between 80 percent and 90 percent based on one year before bankruptcy. The accuracy is not as high as when we first built the model, but it’s still being used. There are other variables that one could use, and it probably makes sense to build new models using new tools such as machine learning."

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.”