Experience Stern | News & Events

Excerpt from the Daily Mail -- "'These findings suggest that having a camera changes how people approach an experience in a fundamental way,' the authors said, according to Science Daily. 'Even when people don't take a photo of a particular object, like a sculpture, but have a camera with them and the intention to take photos, they remember that sculpture better than people who did not have a camera with them.'"

Excerpt from Footwear News -- "'I would not agree that all companies need or should "take a stand,"' Schenkler said. '[It] depends on the issue: Is it a core value for the company? What is the perspective of principal stakeholders on it? How does it affect corporate reputation? How is it tied to corporate identity and image?'"

Excerpt from Bloomberg Quint -- "If you get it right, 'it’s very likely that you can hang onto three pieces of financing in one deal,' said Roy Smith, a former Goldman Sachs partner who’s now a finance professor at New York University’s Stern School of Business. 'It’s a natural business and a natural place for them to be.' If you get it wrong, though, 'bridge loans can hand your head to you,' Smith said."

Excerpt from the Morgan Stanley Ideas Podcast -- "The most important guideline for achieving inclusive growth is simply to make it an important objective. I think that the more a country decides that they want its growth to be broad-based, that they want it to measure inequality and changes in inequality as a success metric rather than simply measuring the totals, the more likely it is the country will achieve that. I think a mindset where you realize that business can be a really critical agent of social change and that progress in economy is often driven by business and so the costing of business as the force of change as opposed to the accumulator of capital is also an important part of shaping the dialogue."

Excerpt from Mic -- "'Increasingly citizens are holding businesses accountable,' added Tensie Whelan, a professor of business and society at the New York University Stern School of Business. 'It isn’t really an option to say nothing, you have to stand up and be counted.'"

Excerpt from CGTN -- "'I think that we need to look beyond the rent-a-car from a station model and towards the peer-to-peer models. So if you take the analogy of the United States, look beyond the Car2go model or the Drive Now model and towards the models of Getaround and Turo, where an individual can rent a car from another individual rather than picking it up off a station on the street.'"

Excerpt from The New York Times -- "'The risk calculus has changed dramatically,' said Scott Galloway, a professor at New York University Business School, who sits on several corporate boards. 'Yes, you may risk a tweet from Trump. But his tweets are increasingly flaccid.'"

Excerpt from NBC News -- "So while there are disagreements, 'Usually it's over business issues,' said Richard Sylla, a professor of economics at the New York University Stern School of Business. But here, 'the business leaders are taking a moral stance on fundamental American issues.'"

Excerpt from BusinessBecause -- "During my MBA exchange in NYU Stern, I was stunned by the startup culture in New York. Hackathons, coding boot camps and Meetups are all over the place. I believe there are more disruptions coming and more are driven by the new tech startups. They are poised to change the way we live, work and learn."

Excerpt from NASDAQ -- "Despite the bullish Tesla takes on Monday, a New York University finance professor said on Friday that he thinks one of the company's recent moves is very strange. Aswath Damodaran, who is regarded as a company valuation expert said he doesn't understand why a company that is losing cash, like Tesla, chose to raise its debt total and not sell stock."

 The program will address discounted cash flow valuation and the estimation issues that arise when information is imprecise or unavailable, value enhancement through the prism of discounted cash flow models, and contrast techniques. It will also delve into other valuation approaches, such as the use of multiples and comparables in relative valuation, and the use of option pricing to value certain types of stocks and businesses.

Excerpt from WIRED -- "'People feel very strongly that when they take photos it’s taking them out of the moment,' says Alixandra Barasch, a researcher at NYU who studies the effects of taking photos. 'Yet after years of running studies, we kept on finding over and over again that there were all of these positive aspects of photo-taking, as well.'"

Excerpt from the Financial Times -- "European safe bonds were first proposed by a group of European economists in 2011. In May this year a European Commission paper advocated the creation of a market for the debt, which could generate bonds with varying levels of risk."

Excerpt from MetroMBA -- "In a study entitled, 'Forgetting to Remember Our Experiences: People Overestimate How Much They Will Retrospect About Personal Events,” Mevvis and Tully investigated “how people’s expectations of how often they would recall an experience compared to how often they actually did recall it.' ... Barasch and her co-authors Kristin Diehl, Jackie Silverman, and Gal Zauberman, conducted an experiment framed around participants use of cameras. Their work, similar to Meyvis and Tully, found that those who did not take photos had 'more enhanced visual memory' than those that did take photos."

Excerpt from NBC News -- "'I think a lot of people do believe this is just huffing and puffing — and when push comes to shove, there’s not going to be any pushing,' Lawrence White, professor of economics at New York University's Stern School of Business, told NBC News."

Excerpt from Clear Admit -- "It wasn’t all that long ago that I was wondering what management consulting even was, and now I’m halfway through my summer internship in that exact field. My time at Accenture has taught me a lot, and I’m thrilled that I am exploring this path. If you’re considering making a change to enter management consulting, from where I sit, Stern is a great place for you to make it happen."

Excerpt from the Financial Times -- "We are effectively entering an era where I call 'the death of the advertising industrial complex.' I think advertising has become a tax that the poor and the digitally illiterate pay. If you're wealthy you get to opt out of advertising and brands are still depending on it."

Excerpt from Fund Strategy -- "The average country reclassified to a more-benchmarked index gains 23.2 per cent between the announcement and the reshuffle, but loses 12.4 per cent in the year that follows its inclusion in the new index, research out of NYU’s Stern School of Business, Chapman University and Acadian Asset Management shows."

Excerpt from Bloomberg -- "'It puts the company in limbo and prevents them from moving forward,' said Arun Sundararajan, a New York University professor and author of The Sharing Economy. 'This kind of fight is going to hurt Uber significantly in the short term.'"

Excerpt from US News & World Report -- "Change management courses help MBA students understand the psychology of change, including both the motivation of a company's visionaries and the resistance of people who are frightened of a company's transformation, says Anat Lechner, clinical associate professor of management and organizations with New York University's Stern School of Business."

Excerpt from Bloomberg -- "The street-planning idea was dreamed up by Shlomo 'Solly' Angel, who leads the Urban Expansion program at New York University’s Marron Institute of Urban Management. It’s virtually costless because ranchers and farmers are happy to donate land that will be adjacent to a main road, Angel says. NYU has landed a contract to train 109 other Colombian cities in planning for expansion and is working with 18 cities in Ethiopia. 'It is impossible to cut a road through a built-up area,' he says. 'Either we do it now or we don’t do it at all.'"

Excerpt from Yahoo Finance -- "For Bitcoin to gain traction, it has to achieve at least a semblance of steady value. 'We are reluctant to transact in something where the day-to-day value for our transactions’ purposes could vary substantially,' White said."

Excerpt from Cheddar -- "...being computer scientists, we started looking at how we can automatically generate virtual models of the real world. We went beyond video games and started looking at things like architecture, special effects, and training simulations for the military and first responders, where people need these virtual models for most of the projects they work on."

Excerpt from Luxury Daily -- "'[From a school perspective,] partners keep us relevant,’ said Kim Corfman, professor of marketing and academic director of the Fashion & Luxury one-year MBA at NYU Stern School of Business, New York. 'They ensure that we are educating students to solve problems that matter and that the solutions they create are of value. At a more practical level, partners provide us with live cases and projects to which students can apply what they have learned.' ... 'Luxury brands need people who understand both the retail environment and the challenges a business faces in the industry,' said Thomaï Serdari, founder of PIQLuxury, co-editor of Luxury: History Culture Consumption and adjunct professor of luxury marketing at New York University, New York."

Excerpt from The Economist -- "The equity-risk premium, or the annual excess return that investors demand to hold shares rather than bonds, is 5.03 points, against a pre-crisis average of 3.45 points, notes Aswath Damodaran of the Stern School of Business at NYU."