Experience Stern | News & Events

Excerpt from Education Dive -- "'To keep the attention of all these students from such diverse backgrounds is a challenge for sure,' Yermack said. 'It forces you as a professor to really think about, "How am I going to explain this and make it seem universal enough that people from both a philosophy background and an engineering background should care about it?"'"

Today, New York University’s Stern School of Business announced that it received a $5 million gift from alumna Elizabeth Elting (MBA ’92), the single largest gift from a self-made woman in the School’s history.  With this support, Elting aims to champion the next generation of talented and entrepreneurial women affiliated with her alma mater, an intention that aligns with the mission of the Elizabeth Elting Foundation she now runs after a successful business career leading the multi-million dollar global translation business she founded in an NYU dorm room in 1992.

On September 17, humorist, former writer of the New York Times Magazine weekly column “The Ethicist,” and four-time Emmy Award-winner Randy Cohen will host a live taping of his podcast Person Place Thing featuring Professor Tensie Whelan, director of the NYU Stern Center for Sustainable Business.

Excerpt from Financial Times -- "My feeling is that US policymakers need to stop blaming China and start focusing on the fact that our supposedly free market liberal democracy is no longer that. I’d suggest they read economist Thomas Philippon’s new book, The Great Reversal: How America Gave Up On Free Markets. Fascinating comparisons with Europe, which is actually much more competitive in many ways that the US."
 

Excerpt from Cheddar -- "'I think there's every reason to worry that the purveyors of disinformation have learned from what the Russians did in 2016 and will be back with new, different, and more challenging forms of untruth,' Paul Barrett, the deputy director of NYU Stern Center for Business and Human Rights, told Cheddar."

Excerpt from Thought Catalog -- "According to researchers at New York University’s Stern School of Business and University of California’s Anderson School of Management, turning 30 often compels people to 'audit the meaningfulness of their lives.' The authors posit that 'the approach of a new decade represents a salient boundary between life stages… [and] functions as a marker of progress through the life span.'"

Excerpt from Agenda Week -- "For Karen Brenner, executive director of law and business initiatives in NYU’s Stern School of Business, the explanation may relate to directors’ circumstances. For one, new directors might not feel they have the experience to 'challenge' the CEO, she says. Or there may 'just be a temporary issue or problem at the moment of the survey ... But that’s not a circumstance that’s healthy to persist.'

Excerpt from The Wall Street Journal -- "New research by Baruch Lev of New York University’s Stern School of Business and Anup Srivastava of Calgary’s Haskayne School of Business found that since 2007 value companies had the weakest profitability since 1970, while what they call “glamour” stocks had their best profitability."

Excerpt from CoStar News -- "'Public relations and investor relations are going to be extremely important for this company going forward,' said Ari Ginsberg, professor of management and entrepreneurship at New York University’s Stern School of Business, before the amended S-1 filing. 'They need to be addressing these things now if they aren’t already."
 

Excerpt from Forbes -- "It’s essential to clarify what your brand stands for, and what you believe in as an organization. To do this you must establish the three or four signature values that define your brand and use them as your navigational North Star during good times and, more important, challenging times. Your company leaders and your employees must be able to embrace these values and understand what it takes to live them. This means that both your leadership and your employees must be instrumental in establishing these values."

Excerpt from The Guardian -- "Facebook and Twitter received the lion’s share of attention in connection with Russia’s election interference in 2016. But Instagram was more important as a vehicle for disinformation than is commonly understood, and it could become a crucial Russian instrument again next year."

Excerpt from Politico -- "According to a Blackburn spokesperson, late additions to the panel roster include Charlotte Slaiman, senior policy counsel at Public Knowledge; Eric Null, senior policy counsel at the Open Technology Institute; and Robert Seamans, associate professor at New York University. They join representatives from Lyft, Airbnb and Freewheel, as MT reported. The group 'will discuss how consumers are now in search of greater protections for their personal information while simultaneously demanding greater rights to transfer that information,' the aide said."

Excerpt from BusinessBecause -- "Largely showcasing thought-provoking research pieces from NYU Stern professors, this account is the place to go if you’re looking for interesting thought pieces on politics, popular culture, and technology. Recent articles include an investigation into Donald Trump’s body language and investigating the market consequences of Tesla’s solar-powered roof tiles—all varied stuff."

This fall, the NYU Stern W. R. Berkley Innovation Labs and the NYU Entrepreneurial Institute hosted the second annual NYU Demo Day, featuring successful entrepreneurs and their startups from across the University.

"[Economic] growth is really growth in value... you can take the same raw materials, rearrange them into something we as humans value more... so your ability to create value is really limited only by all the different ways you can configure the raw material on earth into things that we value more."

Excerpt from CardRates.com -- "'We ran a simulation study where we changed the banking policy and allowed the bank to waive the first overdraft fee for a consumer who had never done overdraft before,' Liu said. 'Maybe the customer never realized the overdraft fee was so expensive. So, the consumer learned the lesson, and the next time, the consumer will be more aware and avoid the fee.'"

Excerpt from Bloomberg -- "'You just can’t figure out what will happen with the trade war,' he said. 'It doesn’t mean you’re not concerned, but you’re not chasing your own tail and wondering what to do next and what’s Trump going to say, what’s he going to tweet. That stuff factors into the fund’s positioning but indirectly through the patterns it sees in prices and volatilities.'"

Excerpt from Poets & Quants -- "In 2019, however, only one school — Stanford Graduate School of Business, with 24 — hired more than 20 new professors, with NYU’s Stern School of Business and USC’s Marshall School of Business following at 16 apiece, and Chicago Booth notching 13. In all, just eight schools in the top 25 hired 10 or more new faculty."

Excerpt from Canadian Investment Review -- "'Because insiders have superior private information, have discretion over which of their funds to invest in, and may subsequently alter the fund operations; managers with large personal stakes may choose actions which negatively affect their investors,' the paper said."

Excerpt from CNBC -- "Aswath Damodaran, professor of finance at the Stern School of Business at NYU, who is sometimes called the 'dean of valuation,' analyzed the start-up’s prospectus filed in August. Based on that pre-IPO paperwork, he said WeWork’s equity is worth $14 billion — about 70% below its latest private market valuation."
 

Excerpt from CNBC Closing Bell -- "I'm sure there will be a subset of workers who will like the benefits and the full-time employment status... There are millions of Uber and Lyft drivers who are doing this as transition work to supplement other income so I think if you think that this will be universally welcomed by workers, that's.. dead-on wrong. In particular, the workers who will no longer be able to drive for Uber and Lyft are certainly not going to welcome it."

On Tuesday, September 10, NYU Stern's Center for Global Economy and Business will host a LIBOR Transition Panel. Kim Schoenholtz, Director for the Center, will moderate the discussion, featuring panelists Thomas Wipf, Morgan Stanley; Kathryn Judge, Columbia Law; and Susan Wachter, Wharton.

Excerpt from Clear Admit -- "New York University’s Stern School of Business doubled down on its commitment to social impact with the launch of a brand new Center for Sustainable Business in 2016. ... There is a strong contingent of Sternies who come in deeply passionate about social impact and look to get involved in many ways. Some choose a specialization in Sustainable Business and Innovation, taking courses on topics ranging from impact investing and microfinance to energy and the environment and global poverty alleviation. Others take part in numerous clubs on campus related to sustainability and the environment or social impact."

Excerpt from Clear Admit -- "While top-tier business schools across the board boast star faculty and fantastic foundational courses in finance, NYU Stern sets itself apart in terms of the array of specializations offered that are especially relevant to students interested in financial services."

Excerpt from Admit.me -- "I think the best way for candidates to learn about any school is to try and visit the campus as much as possible. Granted, we understand that candidates coming from all over the world and so that may not always be the easiest thing to do, so there are other ways that you can engage. You could take advantage of the videos on our website. You can take advantage of the webinars that we host. It could be that you're connecting with the current students or even the alumni that live in the region that you are currently in."