Experience Stern | News & Events

Excerpt from The Atlantic -- "Haidt’s writing and interviews, and our conversations, have clarified for me why we are so tempted to surround ourselves with only like-minded people and caricature those with whom we disagree. He has helped me understand why intellectual honesty is so elusive, why our divisions run so deep, and what steps we need to take to overcome the antipathy that characterizes so much of modern politics. He is also a model of what it means to be a public intellectual."

Excerpt from The Wall Street Journal -- "And it might. Economists at the International Monetary Fund predict this will be the largest global recession since the Great Depression. Anindya Ghose, professor of business at New York University’s Stern School of Business, says even the big tech companies will “see a much bleaker scenario” in coming months, and perhaps beyond, with revenue potentially depressed for a long time if reopening leads to new waves of infections and additional shutdowns."

Excerpt from Economic Times -- "Well, there is no question that the global economy is now in a financial crisis, perhaps unprecedented in its type and quite different than the one in 2008-2009. The extent of this crisis and how long it will last is very much related to the virus and its continued devastation to the global economy. Early indications are that in terms of bankruptcies, defaults, credit issues, this year will perhaps be a record-breaking one."

Excerpt from Business Insider -- "COVID-19 has presented an opportunity to envision our lives when turned upside down, powder redistributed. We can start over. We hoard relationships and the accoutrements of a life others have fashioned for us. We often don't know any better, or don't have the confidence to draw outside the lines until we're older."

Excerpt from Clear Admit -- "One of the values of earning an MBA is exploration. Whether it’s exploring a new industry, function, city, or experience, there lies opportunity in an unusually supported manner when at business school. A subset of this value proposition is something NYU Stern’s Dean, Dean Raghu Sundaram, said to us on our first day of LAUNCH, Stern’s orientation: business school is the best time in your careers to fail. Despite the irony that I’m paraphrasing, this was a moment that I’ve cherished from orientation. There is no safer environment to professionally experiment than business school. The stakes will not be lower! This line from our Dean helped me get through an experiential learning class I took in my first year called Consulting Lab: Branding and Innovation."

Excerpt from U.S. News -- "Adds Acharya: 'It's possible this may not just be [a] phenomenon of three months.' Indeed, new estimates from the European Commission predicted the EU economy could shrink by 7.4% this year, compared to previous predictions of 1.2% growth."

Excerpt from CryptoDaily -- "The Stern School of Business at NYU has been regularly ranked among the top 20 schools of business in the country. Blockchain technology has been made an integral part of its FinTech MBA program at this blockchain institute of technology. This specialization on Blockchain focuses on the impact of blockchain technology on investment and financial world and helps the students to influence international finance, investment banking, etc. and provides with the best blockchain certification and learn how to buy cryptocurrency."

Excerpt from BBC -- "He warned of 'unprecedented' recession. Professor Roubini foresaw the financial crisis in 2008 before many others. 'During the global financial crisis it took about three years until output fell sharply' he told the BBC's Talking Asia programme from his home in New York."

Tune in for a virtual celebration on Friday, May 22, 2020 at 10:00am (ET), and stay tuned on the graduation site for future plans to celebrate in-person.

Tune in for a virtual celebration on Friday, May 22, 2020 at 3:00pm (ET), and stay tuned to the graduation site for future plans to celebrate in-person.

Excerpt from Adweek -- "Additionally, Allen Adamson, founder of marketing firm Metaforce and adjunct professor at New York University’s Stern School of Business, said acquisitions are sometimes used as catalysts to “get your own people to move faster” and the internal competition between Walmart and Jet staffers could have forced each team to work harder."

Excerpt from Quartz -- “'It’s a phase in the evolution of ride hailing that we expected to see at some point, where [ride-hailing companies] would rely less on aggressive discounting and prices would go up,' says Arun Sundararajan, a professor at New York University’s Stern School of Business who focuses on the sharing economy. 'We would have reached a point where prices were in line with what people are willing to pay for a higher quality product—we’re just reaching that point faster.'"

Excerpt from The New York Times -- "The opposition among conservative Republicans to the lockdown — designed to protect American from contact with the coronavirus — presents an interesting corollary to the moral foundations theory developed by Jonathan Haidt of N.Y.U. and Jesse Graham of the University of Utah. In essence, the theory posits that conservatives are more preoccupied with notions of purity and disgust than liberals."

Excerpt from Salt Lake Tribune -- "The first observation is they moved to something called ‘stay-at-home stocks,’ said Haran Segram, a clinical assistant professor of finance at New York University’s Stern School of Business. Segram, who teaches a course in the valuation of stocks, defines that term as companies consumers will keep using or use more often while social isolating."

Excerpt from Marketing Dive -- "'That kind of public statement is rare, but it does happen when you have somebody who has strong moral convictions, sees things going wrong and knows that, in their position, they can make a fuss about it,' Tensie Whelan, director of the NYU Stern Center for Sustainable Business, said in a phone interview."

Excerpt from Retail Dive -- "'With a few years of experience in buying online and several painful experiences of having to return the product, consumers realize that e-commerce is not a guarantee of seamless shopping,' said Thomai Serdari, a marketing and branding professor at New York University's Stern School of Business, and author of the forthcoming book 'Rethinking Luxury Fashion: The Role of Cultural Intelligence in Creative Strategy.'"

Tune in for a virtual celebration on Wednesday, May 20, 2020.

Excerpt from Global Finance Magazine -- "Viral V. Acharya, C.V. Starr Professor of Economics at New York University’s Stern School of Business and a former deputy governor of the Reserve Bank of India, speaks with Global Finance about the fallout of the coronavirus epidemic."

Excerpt from Newsy -- "'The platforms are taking the initiative and being more aggressive generally in how they approach the coronavirus crisis,' said Paul Barrett, deputy director of New York University's Stern Center for Business and Human Rights and author of several studies on disinformation. 'I think there's a lot of evidence of a lot of goodwill and a lot of energy being invested here, but they can't get everything.'"

Excerpt from Newsweek -- "This pandemic is a watershed event for America. How we collectively manage the coming months will determine whether we will further polarize along generational lines or emerge a truly multi-generational society. Let's choose the latter. #InThisTogether"

Excerpt from Poets & Quants -- "Many schools are making the most of it, pulling together pre-recorded video segments and surprise elements that have made commencement for the Class of 2020 more memorable than ever.
 

Excerpt from China Daily -- "Michael Spence, professor of economics at New York University’s Stern School of Business and a Nobel Prize winner for economics, said there would have to be substantial input from China if the system was to be reformed. 'If it happens, China will have to play a major role. If China is left out, it won’t work — just like if the US or Europe were not there,' he said."

Endless Frontier Labs (EFL), a program for early-stage science and technology-based startups at New York University Stern School of Business, graduated its 2019-2020 cohort of startups, concluding its nine-month program.  The EFL application for the 2020-2021 cycle is now open until 9 PM (ET), Friday, August 21, 2020.  Founders of life sciences and deep technology startups at an early stage (pre-Series A financing) are encouraged to apply to the 2020-2021 program cycle.

Excerpt from The Economist -- "Edward Altman of nyu Stern Business School reckons that about 8% of all firms whose debt is rated speculative grade (about 1,900 in all) will default in the next 12 months. This figure could reach 20% over two years. He expects at least 165 large firms, those with more than $100m in liabilities, to go bankrupt by the end of 2020."