Experience Stern | News & Events

Excerpt from CNBC -- "'I think of the four big players: Apple, Alphabet, Facebook and Amazon, Apple is the best value play,' [Damodaran] says. 'It is a cash machine. I never seen a company generate as much cash as Apple has over the last six or seven years.'"

Excerpt from the Harvard Business Review -- "In the 2016 book The End of Accounting, NYU Stern Professor Baruch Lev claimed that over the last 100 years or so, financial reports have become less useful in capital market decisions. Recent research lets us make an even bolder claim: accounting earnings are practically irrelevant for digital companies. Our current financial accounting model cannot capture the principle value creator for digital companies: increasing return to scale on intangible investments."

NYU Stern Professor Michael Dickstein’s research paper, “Industry Input in Policymaking: Evidence from Medicare,” investigates how the composition of the American Medical Association’s Relative Value Scale Update Committee (RUC) influences the prices Medicare pays physicians.

Excerpt from The New York Times -- "'It’s where you go on vacation, what you do and what technology you have,' said Allen Adamson, one of the founders and managing partners of Metaforce, a brand marketing and consulting firm, and one of the authors of 'Shift Ahead: How The Best Companies Stay Relevant in a Fast Changing World.' Those experiences need to be 'Instagram-worthy,' too. The quirkier, flashier and more offbeat the experience, the better, he said."

Excerpt from the Economic Times -- "Ghose says the world needs to recognise the innovativeness of some of the Chinese tech companies and shake off the mental image of Chinese knockoffs. 'Chinese companies are setting global trends in various areas such as technology-enabled transportation, digital payments, mobile economy and artificial intelligence,' he says."

Excerpt from Crowdfund Insider -- "The New York Federal Reserve has published a staff report pertaining to 'The Role of Technology in Mortgage Lending'. Authored by Andreas Fuster, Matthew Plosser, Philipp Schnabl, and James Vickery, the research asserts that Fintech is improving the mortgage lending market by making it more efficient and faster."

Excerpt from NBC News -- "'The most valuable person in world of consumer business is an 18 year old. They have influence over what the rest of us believe is "cool" and have a lifetime of discretionary spending ahead of them,' Galloway told NBC News. 'Their recent galvanization against the issue has made the NRA very uncool and an easy target for firms wanting to say to the most important cohort "Hey, we get it, and are with you."'"

Excerpt from VentureBeat -- "AI is the next era of computing, and it’s important for the business world to understand just how to unlock its potential. In a recent Facebook Live event, I talked with Amy Webb, professor of strategic foresight at NYU Stern School of Business and founder of the Future Today Institute, about how AI is not a silver bullet and how real value comes from a tailored combination of tools designed to address a specific business problem."

Excerpt from Poets & Quants -- "If you are interested in entering the finance industry, this [Financial Services Industry] class is a MUST. It does not get into the nitty-gritty quantitative modeling, but rather focuses on the structure of the industry and all its different business models. From boutique hedge funds to the biggest banks, the professor teaches students how these firms operate and make money. But most importantly, you learn why they make certain decisions and how it affects the industry as a whole."

On February 23, 2018, the social enterprise student organizations of New York University’s Leonard N. Stern School of Business, School of Law, and Robert F. Wagner Graduate School of Public Service will host the 8th Annual NYU Social Innovation Symposium (SIS).

Excerpt from Poets & Quants -- "...Stern recently received an $8 million donation from an alumnus to establish the Fubon Center for Technology, Business, and Innovation, a central hub to support technological innovation in areas such as fintech, business analytics, technology, and entrepreneurship. Part of those dollars will go into hiring new professors for fintech as well as faculty and curricular development in the area, Yermack says. ... 'The overall message is, like the world out there, we’re trying to evolve at the right pace. That means helping our students evolve too,' DeRose continues."

Excerpt from CNBC -- "..internet service is an interstate service across states and is regulated by the federal government so I don't think the states are going to be successful. What might happen is that congress might pass a rule, a law, that says net neutrality is okay and reverses the present regulation.."

Excerpt from WalletHub -- "If someone desperately needs credit, then an unsecured credit card may make sense; but the risks are that he/she will find repayment difficult, and then will face mounting late fees and penalties, which can greatly increase the debt burden. Further, he/she ought to explore other (potentially lower-cost) possibilities, such as borrowing from a credit union -- or even borrowing from friends or family. If he/she does use the credit card, focusing on repayment as soon as possible can help reduce the burden of those fees and penalties."

Excerpt from PolitiFact -- "'Data on other states indicate that a majority of individuals in jails (as opposed to prisons) are present due to failure to make bail, and so are awaiting criminal trial prior to sentencing,' said Arpit Gupta, an assistant professor of finance at NYU's Stern School of Business who has researched the bail system and its impact on low-income defendants."

NYU Stern's W. R. Berkley Innovation Labs will welcome NYU alumni, angel investors, venture capitalists, entrepreneurs and industry innovators to the 16th Annual New Venture Showcase.

Excerpt from CNNMoney -- "Russell Winer, a marketing professor at NYU's Stern School of Business, said low-cost competitors aren't going away anytime soon, but established companies have a key ingredient new ones lack: brand power."

Excerpt from the Triangle Business Journal -- "The share of students strapped with more than $50,000 in student debt has exploded since 2000, according to new research from Adam Looney of The Brookings Institution and Constantine Yannelis of NYU Stern. While there were 5 percent of student borrowers who had more than $50,000 in student debt back in 2000, that share grew to 17 percent of student borrowers by 2014."

Excerpt from ABC News Radio -- "'In the case of bitcoin and other digital currencies, you're really relying on the mathematics and probabilities behind them that provide the basis for security that you believe that there won't be too many issued because you can see the equations and the criteria for adding more units of currency,' added Yermack, who also teaches a course on bitcoin and cryptocurrencies."

Excerpt from the Economic Times -- "Automation is going to gulp up a lot of the jobs where China, Thailand, Vietnam and Bangladesh have historically relied heavily on certain professions to employ unskilled people. It really depends on the profession and the extent to which supply and demand are collocated."

Excerpt from Livemint -- "This is going to be a period of adjustment for everybody. Asset prices that have perhaps been inflated because money was so cheap and so things will have to adjust. Now what form that adjustment is going to take—nobody has a crystal ball to be able see but it is going to be a difficult period for everybody in financial markets."

Excerpt from BizCommunity -- "'The university will confer an honorary doctorate on Prof Engle in recognition of his pioneering discovery of a method for analysing unpredictable movements in financial market prices and interest rates. This method, employed by private and public sector economic researchers and practitioners operating as financial markets analysts and economic decision-makers, has become indispensable,' said the Executive Dean of the College of Business and Economics (CBE), Prof Daneel van Lill."

Excerpt from The Star -- "'Technically, all development is a form of TOD. Otherwise, you would never have development in a place without adequate transportation. Unless it is built with subsidies for example,' said Lamson-Hall, who has a master’s degree in Urban Planning from the NYU Wagner School of Public Service."

Excerpt from CIO -- "The first question for regulators, Dhar says, is do state-of-the-art AI systems — regardless of application domain — result in acceptable error costs? For example, transportation regulators might determine that since autonomous vehicles would save 20,000 lives a year, the technology is worthwhile for society. 'But for insurance markets to emerge, we might need to consider regulation that would cap damages for errors,' he says."

Excerpt from Adweek -- "'The NBA and its players are very effective at reaching fans through social media,' said Paul Hardart, marketing professor at the NYU Stern School of Business. 'They’ve done a great job with connecting with broader cultural trends, whether it’s with music—Drake and Jay-Z citing the game in their songs—or fashion, to the point where the NBA has become its own fashion brand to some degree.'"

Excerpt from BusinessBecause -- “Our business and human rights courses and research opportunities explore how businesses can proactively address issues that may have an impact on the bottom line such as: the risks in global manufacturing supply chains, the exploitation of migrant workers or the dangers to leading Internet companies posed by harmful content online.”