Experience Stern | News & Events

Excerpt from The Wall Street Journal -- "Limits on the SEC’s ability to obtain disgorgement could help explain the decline in its enforcement results—as measured by the penalties that firms pay to settle regulatory investigations. The SEC obtained fines against public companies totaling $65 million during the first half of 2018, the lowest amount since at least 2009, according to Cornerstone Research, an economic consulting firm."

Read more about NYU's All-University Commencement ceremony.

Excerpt from Bloomberg View -- "For instance, Hyundai uses 11.38 percent, the country risk premium for Korea as calculated by Bloomberg, which uses inputs such as sell-side analysts’ often-optimistic forecasts for equities. That’s far higher than risk-premium estimates of valuation guru Aswath Damodaran, a finance professor at New York University."

Excerpt from BusinessBecause -- "According to Beth, there's a significant overlap between the Stern's much-touted finance strengths and the roles ultimately filled in the tech market. 'Students are able to find the right kind of functional role within the tech industry because there's enough space in the tech industry for students to be able to not only find the company but also the role that's the right fit for them,' she remarks."

Excerpt from NBC News -- "'Those funds are set up to last you know up to, say, 10 years, and those are going to be extremely difficult to divest from and maybe even costly,' said NYU professor of entrepreneurial finance Robert Whitelaw."

Excerpt from BusinessBecause -- "The TRIUM Global Executive MBA program—ranked among the top five EMBA programs in the world by the Financial Times in 2017—is also leading the charge, developing the next generation of female business leaders. The joint program between London School Economics (LSE), NYU Stern, and HEC Paris takes students to London, California, Paris, New York, and Shanghai."

U.S. Securities and Exchange Commission enforcement actions against public companies and their subsidiaries continued their downward trend through the first half of the 2018 fiscal year. SEC enforcement activity is on pace to reach the lowest level since 2013, according to a report released today by the NYU Pollack Center for Law & Business and Cornerstone Research.

Excerpt from ETF.com -- "In addition, Itamar Drechsler and Qingyi Drechsler, authors of the July 2014 study 'The Shorting Premium and Asset Pricing Anomalies,' found that about one-quarter of 'on special' stocks migrate into lower-cost buckets each month. In other words, underperformance tends to be fleeting."

Excerpt from The Bond Buyer -- "In their research, presented at Brooking’s July 2017 Municipal Finance Conference, Cuny and Dube examined the relation between disclosure choice, changes in issuer credit ratings, and adverse local housing conditions. The 'results suggest that disclosure quality can lower the cost of debt by attenuating the impact of negative economic outcomes,' they said."
 

Excerpt from Forbes -- "I was thrilled to recently discover what I consider a gold standard process by the Google Clips Camera development team. Key leaders of the development team Juston Payne, a former superstar MBA student from NYU Stern, who is product manager on the project, and Eva Snee, the UX (user experience) researcher, described what led to the new version, launched this past Friday."
 

Excerpt from Bloomberg -- "'The closeness [of financial firms] helped information flows—it was very efficient,' said Walter, who is the Seymour Milstein chair of finance and corporate governance at New York University’s Stern School of Business. 'Even after hours in the bars. Lots of information passed between people.'"

Excerpt from Forbes -- "I love a lot of things about Stern, but I would have to say that my top three favorite things are: the study-abroad program, being surrounded by so many driven and hardworking people, and, of course, living in and experiencing New York City! Thanks to Stern, I have been able to study abroad in Florence, Italy, intern at a luxury cosmetics brand in New York City, and meet so many students and professors, both in and out of the classroom, who are diverse in thought and background."

Excerpt from CNBC -- "'Just as big tobacco was never able to make the connection between tobacco and cancer, and the NRA can't make the connection between gun sales and mass shootings, Facebook will never make the connection between the lack of safeguards and the risk to the commonwealth,' Galloway said Friday on CNBC's 'Squawk Alley.'"

Excerpt from Clear Admit -- "Imbriaco believes the Andre Koo Tech MBA will give her a skill set that she can apply to a variety of industries. She hopes upon completing the program to use 'the combination of business, analytics, and technology-focused skills to contribute towards making a difference in the fields of cancer research,' she said. ... Trautwein was attracted to the [Fashion & Luxury] one-year MBA program by the 'promise & opportunity' it offers to graduates. NYU’s proximity to the fashion industry was also a draw. 'My desire to build a fashion brand paired perfectly with the robust program NYU Stern has built,' he said."
 

Excerpt from the Associated Press -- "'It’s been a huge missed opportunity up until this point,' said Robert Seamans, a White House economist during the Obama administration who now teaches at the NYU Stern School of Business."

On Thursday, May 10, join representatives from NYU Stern’s Creative Destruction Lab-New York City at TechDay, the largest startup event in the US. 

NYU Stern faculty and guests gathered on to celebrate the School’s community of scholars and to recognize excellence in research and scholarship, excellence in teaching, excellence in mentorship, excellence in influence and excellence in innovation on May 9.

Excerpt from ETF.com -- "Over roughly the last decade, researchers have explored investor sentiment’s impact on markets. Malcolm Baker and Jeffrey Wurgler have even constructed an investor sentiment index based on six metrics: trading volume as measured by NYSE turnover; the dividend premium (the difference between the average market-to-book ratio of dividend-payers and non-payers); the closed-end fund discount; number of IPOs; first-day returns on IPOs; and the equity share in new issues."

Excerpt from Fast Company -- "'You’ll find that only a very small fraction of current Airbnb listings could potentially be units that have been taken off the market,' says Arun Sundararajan, professor at NYU’s Stern Business School and one of the researchers on the study. 'They’re not going to take over large swaths of long-term housing because there’s just not enough demand for that.'"

Excerpt from Eurasia Review -- "Tackling these timely 'nonmarket issues' and more, this book is structured in two parts. Part One maps globalization to explain what is — and what isn’t — changing, with some numbers and maps to illustrate. Part Two offers strategies for managing globalization — including how to compete, where to compete, how to connect and the aforementioned nonmarket issues — i.e., 'anger and its management.'"

Excerpt from BBC -- "'Obama mixes couture with items anyone can buy at a mall - she famously wore J Crew gloves while holding the Lincoln Bible at the Inauguration. Consumers flock to the stores, and even if they don't buy what she wears, they often leave with something else,' [Yermack] wrote."

Sallie Krawcheck, CEO and Co-Founder of Ellevest and Chair of Ellevate Network, to Keynote NYU Stern School of Business 2018 Graduate Convocation.

 Taught by industry and academic leaders David Yermack and Kathleen DeRose, this course equips participants with an understanding of key FinTech concepts, strategies and implications.

Excerpt from the Los Angeles Times -- "Nicholas Economides, an economist at New York University, said that for a market to be considered truly competitive, it should have at least 10 players. 'In the case of the wireless market," he said, "we're already talking about an oligopoly. So a merger would just make an even more concentrated oligopoly.' Going from four to three players, Economides said, 'makes it extremely likely prices will be higher.'"

Excerpt from The Wall Street Journal -- "Nine tech companies, including Alphabet Inc. and Tencent Holdings Ltd. , are largely deciding the direction of artificial-intelligence research and implementation, said Amy Webb, founder of the Future Today Institute. 'There’s no switch, and nobody is in charge,' Ms. Webb said."