Experience Stern | News & Events

Excerpt from Financial Times -- "The Trium Global EMBA comes third overall in this year’s ranking, down one place from 2018, but retains the top spot for both work experience and international course experience. The 18-month course is spread over five locations — modules are taken in Shanghai, Paris, London, New York and California — but the format is designed so that students spend 10 weeks away from the office."

Excerpt from The Seattle Times -- "Boeing’s 'the less said, the better' approach created a vacuum that was ultimately filled by critical news reports that exposed deeper safety concerns and contradicted the company’s statements," Schenkler said.

Excerpt from Marketplace -- “'If necessity is the mother of invention, desperation is the grandmother of innovation, and this is a company that has to take risks,' said Scott Galloway, a New York University marketing professor."

Excerpt from L.A. Biz -- “'Companies that make sustainability a priority stand to benefit immensely, as sustainability initiatives also force them to identify efficiencies in their operations, maximize their supply chains and minimize waste,' said Tensie Whelan, director of the Center for Sustainable Business at NYU Stern, at a 2019 HSBC event on disruption and innovation in the retail and apparel industry. 'The result is often an increase in yearly revenue and a renewed sense of loyalty among consumers who see the company as a champion for sustainability.'”

Excerpt from The Baltimore Business Journal -- "If a company is channel stuffing, it ends up shipping more product than can be sold and accepting as returns more product than it can sell. Ultimately, channel stuffing catches up to the company because the company loses the ability to inflate its sales. The total loss ends up being revealed and the company's stock price takes a hit. 'It's a vicious cycle,' said, Joshua Ronen, a professor of accounting for the Leonard N. Stern School of Business at New York University."

Excerpt from The New York Times -- "An N.Y.U. data scientist who studies Mechanical Turk, Panos Ipeirotis, estimates that there are from 100,000 to 200,000 turkers, and that at any moment several thousand are doing tasks. The vast majority of turkers are believed to be in the United States — at least three-quarters, researchers say — with India a distant second."

Excerpt from Business Insider -- "Any company that creates more than $10 billion in shareholder value does one of two things: extend time (more time, saving time) or enhance time."
 

Excerpt from Bloomberg Tax -- “'Impairment makes a lot of conceptual sense,' said Stephen Ryan, a professor at the New York University Stern School of Business. 'In practice, it’s very difficult for a number of reasons.'”

On Friday, November 15, the Stern Graduate Marketing Association will host the 2019 GMA Conference, entitled, "Multicultural Marketing: Reframing the Cultural Mosaic."

Excerpt from The Place Brand Observer -- "My view on place branding has changed a lot. At the beginning it was strongly influenced by my economics studies, but it has evolved since then in that I’ve integrated psychology and sensory aspects. In fact, now I am working on the application of sensory branding to places. Moreover, nowadays the digital part of a brand and experiences needs also to be considered and measured."

Excerpt from Financial Times -- "A new economics note offers a reasoned argument against ultra-low interest rates; it is the most elaborate version of the so-called 'zombie effect' I have seen. Viral Acharya argues that low rates keep 'zombie firms' alive — these are commercially non-viable companies that only stay out of bankruptcy because banks 'evergreen' their loans at ultra-low rates rather than foreclose."

Excerpt from Thrive Global -- "'It’s worth noting that the law, through ADEA, only offers legal protection for people age 40 or older, “which opens up a separate line of inquiry as to why stereotyping the young as ‘lazy millennials’ is considered acceptable,' Michael North, Ph.D., assistant professor of management and organizations at the N.Y.U. Stern School of Business, tells Thrive."

Excerpt from Politico -- “'Memes are the perfect vehicle for a simple piece of propaganda like the attacks on the whistleblower,' Paul Barrett, deputy director of NYU’s Stern Center for Business and Human Rights whose recent report on 2020 disinformation focused on the power and prevalence of memes in these campaigns, told MT."

Excerpt from FindMBA -- "New York’s Stern School of Business started accepting the EA for its MBA in August. Lisa Rios, executive director of MBA admissions, notes that the EA was specifically designed to be short in duration (it lasts 90 minutes) and requires a modest time commitment to prepare."

Excerpt from Investor Place -- Professor Aswath Damodaran of New York University’s Stern School of Business made it clear that he prefers Lyft’s approach of focusing on passengers and sticking to the North American market for now: 'I’d take Lyft over Uber because Uber wants to be all things to all people. You’d think they’d learn from their mistakes. They tried in China and had to back out of China. I think being less ambitious in this business, until you figured out a business model, is better.'”

Excerpt from TopMBA -- "LSE offers the TRIUM Global Executive MBA program jointly with the NYU Stern School of Business and HEC Paris. This course provides a global curriculum for senior-level executives across six international business locations (London, California, Paris, New York, Shanghai, Paris) over 18 months. Modules are designed and delivered by all three schools, allowing them to complement their strengths, on learning retreats of one or two weeks over the 18 months, drastically reducing the amount of time students are required to take away from their professional work – no student will be away from work for longer than 10 weeks in total."

Excerpt from Poets & Quants -- "'Stern has a larger faculty than most business schools with a broad range of expertise. Our size gives us the flexibility to be nimble, to anticipate ever-changing market needs and to be first and fast to market. For example, our size and strengths enabled us to be the first U.S. business school to introduce a Fintech specialization, to create a new category of focused MBA programs and to offer an MS in Management online.'”

Excerpt The Atlantic -- "But Thomai Serdari, a luxury-marketing strategist and professor at New York University, nods to the 2008 financial collapse as the moment that helped more types of business realize that parachuting into a trendy neighborhood often makes more financial sense than committing to hang around for 20 years. 'No one wants to invest long-term, and brands don’t want to take risks with inventories,' Serdari says."

Excerpt from Poets & Quants -- "'Each of our MBA programs is deeply connected to industry, with our NYC location being an unmatched asset. We want the student experience to be all about transformation and, as a school, we walk the talk...Stern has a larger faculty than most business schools with a broad range of expertise. Our size gives us the flexibility to be nimble, to anticipate ever-changing market needs and to be first and fast to market.'”

 

Excerpt from CCN -- According to Nobel laureate Robert Engle, an economist at NYU Stern, numbers show that geopolitical risk in the global economy is lower now than it was before.
 

Excerpt from Reuters -- “'I think one of the reasons that we chose to focus on these three groups of risk is that they are at the top of the list of every CEO when you ask what keeps them up at night,' says Richard Berner, co-head of the Volatility and Risk Institute at NYU’s Stern School of Business. Berner described to Regulatory Intelligence a new effort to put cyber, geopolitical and climate risk in the spotlight. The institute earlier this month announced it had formed an interdisciplinary approach to analyze each area and how they interacted."

Excerpt from Seeking Alpha -- "More recent research by Edward Altman and Brenda Kuehne at the Salomon Center for the Study of Financial Institutions at NYU Stern found that fallen angels have markedly lower default risk than other high-yield bonds. Between 1985 and 2017, the average annual default rate on fallen angels was around 1% a year lower than on bonds that were rated high-yield when issued."
 

On Tuesday, November 12, NYU Stern's Center for Global Economy and Business will host a fireside chat with Roger Ferguson, President & CEO, TIAA; Former Vice Chairman of the Board of Governors of the U.S. Federal Reserve System.

Excerpt from The Modern Sale -- "So far, AI/ML has mostly been used to augment products that firms offer. For example, Gmail now includes a predictive typing feature that uses AI to “guess” at the next several words in sentences that I write. It is a nifty feature — not world-changing or anything like that, but certainly helpful. But, in the future, we will see lots more AI in lots more products/services/devices, and we will start to see firms reorganizing themselves in different ways to take advantage of what AI can do. It is still early days."

Excerpt from Moneyweb -- "In a study on the usefulness of published accounts, researcher Baruch Lev places much of the blame on the proliferation of estimates in financial reports: 'To a large extent, financial reports are based on estimates, judgements, and models rather than exact depictions,' he says."