Experience Stern | News & Events

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."

Excerpt from Admit.me -- "Stern is a school on the move and has always been an early adopter. We were among the first programs to accept the GRE as a second choice to the GMAT, and now we are excited to also accept the EA. As one of three standardized test options available to students, the EA provides a valid predictor of graduate school academic readiness. It's been created specifically to measure the skills and knowledge of professionals. It is also designed to require modest preparation and is shorter in length at 90 minutes."

New research from the NYU Stern School of Business and Boston University Questrom School of Business finds that patients are less receptive and less likely to trust AI over human healthcare providers.

Excerpt from Channel News Asia -- "There are all these new influencers who actually started their blogs or Instagram accounts because they wanted to voice their difference -- not necessarily because they wanted to be in the business of selling fashion, which I think is a very important issue that consumers appreciate, rather than having brands telling them, 'buy, buy, buy', they have someone who is a little bit more objective, or neutral."

Excerpt from Variety -- "'There’s less of the "giant idea" that’s meant to re-paint the sky but more down-to-earth [concepts] that can be implemented in the short term,' says Al Lieberman, professor at New York University’s Stern School of Business and executive director of NYU’s Entertainment, Media & Technology program."

Excerpt from Vox -- "'The market opportunities are on the, "Mom, can I get new [insert backpack brand, sneaker brand, or clothing brand here] for school this year? All my friends have them."'"

Excerpt from Financial Times -- "Many partners get offers to do other things at hedge and private equity firms ... that means that Goldman Sachs has to keep the partnership flame alight to continue to attract talented people."

Excerpt from Bloomberg -- "At 20 billion, this makes no sense. The fact that it's been cut in half doesn't matter."

Excerpt from HuffPost -- "Instagram has become one of the major vehicles for spreading disinformation, according to a new report from the NYU Stern Center for Business and Human Rights, which points to a 'lack of clear strategy for addressing the serious problems inherent in Instagram’s operating model.' Under growing pressure, the tech giant has taken steps to crack down on problematic accounts and to arm users with tools to identify suspicious activity."

Excerpt from The New York Times -- "'It’s a metaphor for my sense of economics,' Mr. Romer said. 'I picture an economist showing up at Burning Man and saying: "Oh, look! This is the miracle of the invisible hand. All of this stuff happens by self-interest, and it just magically appears." And there’s this huge amount of planning that actually is what’s required beneath it to make the order emerge.'"

Excerpt from The Wall Street Journal -- "A growing mountain of research has focused on corporate concentration in the U.S. Mr. Philippon reviews much of this evidence and concludes competition has indeed declined to the detriment of consumers. His novel contribution, though, is to contrast this with the experience of Europe. Indeed, he was inspired by a mundane question many European visitors ask: 'Why on earth are U.S. cellphone plans so expensive?'"

Excerpt from CGTN -- “You’ve got competition from the internet such as Dollar Shave Club and Harry’s … we’ve seen these kinds of trends over many many years hurt other kinds of industries … think hats for example … once upon a time most men wore stylish hats … now its baseball caps”

On Wednesday, September 4, NYU Stern's Center for Global Economy and Business hosted the Fall 2019 Economic Outlook Forum. Kim Schoenholtz, Director of the Center, moderated the discussion, featuring panelists Seth Carpenter, UBS; Joyce Chang, JP Morgan; and Constance Hunter, KPMG.

Excerpt from Forbes -- "For Chain Vayakornvichit, a product marketer from Thailand, it requires a special kind of person – 'focused but open' – to take a leap of faith, invest in themselves, and return to school. “At the same time, they have to wrestle with the uncertainty of where this path will take them,” the New York University MBA candidate adds. 'These two factors are why I think the classmates I have met come in with a particular story, a particular idea of where they want to be at the end of the line, but they remain open to possibilities.'"

Excerpt from BNN Bloomberg -- "These are episodic events, so they don't affect every trader every day, but they are frequent enough that real investors may be worried."

Excerpt from Prospect Magazine -- "For their work in race studies and feminism respectively, Kimberlé Williams Crenshaw and Kate Manne were popular; as was social psychologist Jonathan Haidt..."

Excerpt from Bloomberg -- "Concerns over privacy could be a valid argument against releasing driver names, said New York University business school professor Arun Sundararajan."

Excerpt from Quartz -- "There also are low-cost ways for employers also to help workers combat their fatigue. Chief among them is to simply create more meaningful relationships, says Anat Lechner, an associate professor at New York University Stern School of Business, whose research focuses on innovative organizations."

Excerpt from The Washington Post -- "'We urge the companies to prioritize false content related to democratic institutions, starting with elections,' he said. 'And we suggest that they retain clearly marked copies of removed material in a publicly accessible, searchable archive, where false content can be studied by scholars and others, but not shared or retweeted.'"

Excerpt from The Hill -- "Michael Posner, the director of NYU’s Stern Center, said in a statement that 'taking steps to combat disinformation isn’t just the right thing to do, it’s in the social media companies’ best interests as well.' ... In an interview with The Hill, Paul Barrett, the report’s author and the deputy director of NYU’s Stern Center, said that he 'doesn’t think the Honest Ads Act has much of a chance' of passage due to a lack of Republican support for election security bills in the Senate."