Experience Stern | News & Events

Excerpt from InvestorPlace -- "Nonetheless, Shopify benefits from the Amazon backlash. Statements from people like Scott Galloway, claiming Amazon partners with companies like a virus on a host, drive smaller merchants to Shopify. This is despite the fact that more than half of Amazon’s product sales are on behalf of third parties."

Excerpt from WalletHub -- "The costs are high because customers with poor credit tend to default at high rates. Lenders need to compensate for this by charging higher fees and interest."

Excerpt from CNBC -- "Companies are getting too much capital in before being subjected to the scrutiny of public markets, says Professor Arun Sundararajan from the New York University Stern School of Business."

Excerpt from Branding Mag -- "The idea of using a celebrity’s status or credibility to help boost awareness or sales of a product has been a marketing strategy since at least the 1700s when Robert Wedgewood asked members of the Royal Family to endorse his family’s elegant Wedgewood tableware."

Excerpt from Campaign Asia -- "'To become truly global will require Japanese executives to get out of their comfort zone and think drastically differently about organisation, marketing, and strategy,' said Anindya Ghose, Heinz Riehl Chair Professor of Business at New York University’s Stern School of Business.

Excerpt from BusinessBecause -- "The STEM trend continues as two top US schools, NYU Stern and Michigan Ross, announce STEM designations on their MBA programs. NYU Stern’s full-time MBA joins its Technology and Entrepreneurship MBA as the second STEM program at the school."
 

Excerpt from Forbes -- "The headlines about the valuation of Tesla seem to multiply along with the company’s share price. As the electric-car maker’s market value recently topped $100 billion, it’s clear that Elon Musk has driven Tesla into a new zone. But, Tesla’s peak is not necessarily because Wall Street believes Musk is doing everything right."

Excerpt from Business Insider -- "Formalizing those systems and processes is hard, but professor Deepak Hegde says getting your company’s culture right is one of the most important things startups need to watch out for when scaling up their teams. Hegde researches management and organizations at New York University, and also directs Endless Frontier Labs, which helps technology and science startups scale. 'As a founder, you are so used to doing everything yourself,' Hegde told Business Insider. 'Your startup becomes your baby.'”

Excerpt from Fortune -- "Companies will soon begin to divert their business out of New York and to other states’ points of entry, agrees Lawrence J. White, a professor at New York University’s Stern School of Business. 'There are alternatives, like Vermont,' he says. 'Certainly the trucking companies will become quickly aware if they aren’t already, and so they’ll divert to another state. They will explore alternatives.'"

Excerpt from InvestorPlace -- "'The unbridled profit maximizing ‘objective functions’ that are applied at scale will continue to abuse data to the extent they can get away with it. The communications act of 1996 protects them. This should change. California’s consumer protection law is a step in the right direction in that it puts businesses on notice for violations, namely, if the data are used for purposes other than those stated by the data collector. But enforcement will not be easy.'”
 

Excerpt from Poets & Quants -- "Anecdotally, I’ve sensed a lot of interest even from folks who are not necessarily recruiting for sustainability or environmentally focused positions. I think people realize this is something that touches every part of business. So I would say there is a wide interest and whenever I talk about what I’m looking into, other people seem very interested. I don’t know how that compares to maybe several years ago. I know the (Stern) Center for Sustainable Business is becoming even more present and important and getting a lot of features. So I imagine that’s becoming more and more of a driver for students at other schools too."

Excerpt from Nature -- "A sudden increase in the rates of depression, anxiety and self-harm was seen in adolescents — particularly girls — in the United States and the United Kingdom around 2012 or 2013 (see go.nature.com/2up38hw). Only one suspect was in the right place at the right time to account for this sudden change: social media."

Excerpt from Bloomberg -- "Using a valuation model created by Aswath Damodaran, a professor at New York University’s Stern School of Business, there’s a way to reach $1,000 per share -- though it would require sales at the electric car-maker to jump 10-fold from 2019’s full year figures."

Excerpt from World Finance -- “'Trump has no intellectual or personal issues with Powell – he just finds him to be a convenient target,' said Professor Paul Wachtel, an expert on central banking who teaches at the New York University Stern School of Business."

Excerpt from AdExchanger -- "It also ignores a fundamental truth: We are entering a new battleground. At AdExchanger’s Industry Preview last week, speaker and NYU Stern School of Business professor Anindya Ghose said in his presentation on advanced AI that 'past winners acted on the known needs of their existing customers, while future winners will identify the unknown needs of their potential customers.'”

Excerpt from Forbes -- "Likewise, MBA applications are encouraging more creativity – from NYU Stern’s 'pick six pictures' to MIT’s one-minute video introduction. Admissions teams recognize that there are many ways to share your value proposition, and they want candidates to get to the point and convey something that’s personal, authentic and powerful."

Excerpt from Poets & Quants -- "NYU Stern is investing heavily in areas like sustainability. The goal: staying 'relevant' in a rapidly-evolving global business environment that requires resourcefulness as much as digital acumen."

Excerpt from Phoenix Satellite TV -- "Shopping could be fun or it could be better advice. You would go to Home Depot and somebody advises you on what to do, or even your local hardware store and they help you out. Those are situations that people are probably still willing to pay extra. Even though online may be cheaper and more convenient, we're still social animals. We still want to hang out with other people and you can't just spend an entire day behind the computer.'"
 

Excerpt from Morningstar -- "But because of their complexity, bonds and credit ratings also have been intertwined for more than a hundred year (link)s, according to this brief history (link) of the industry by Lawrence White, a professor of economics at New York University."
 

Excerpt from Business Insider -- "'Millions of dollars, hours, ads, and corn dogs are concentrated on small states that don't make a big dent in the effort to organize and activate the national voter base,' says Professor Galloway."

Excerpt from Forbes -- "Paul Hardart, director of New York University’s Director, Entertainment, Media and Technology Program shared that 'if you look at most of the nominees [this year] it’s glaring…to the Academy’s credit, they aggressively tried to put things in place. Doing what they can with what they can control.'"

Excerpt from Fashionista -- "It might not currently fit in with his brand, but Panichgul still sees the value in doing a fashion show — as does Thomai Serdari, a strategist in luxury marketing and branding and adjunct professor at NYU's Stern School of Business."

Excerpt from Quartz -- "Businesses have long pursued global expansion under the shared assumption that foreign investment and free trade inexorably foster democracy and social progress. Expansion in authoritarian countries or conflict areas and even assaults on our environment could be reliably defended, typically on the basis that market growth has a fundamentally positive impact."

Excerpt from American Enterprise Institute Blog -- "How concentrated is corporate power in America today? How big of a problem is this? According to Thomas Philippon, the answers are “more concentrated than in Europe, and more concentrated than any other time in recent American history,” and, more simply, 'yes, it’s a big problem.' Last week on Political Economy, Thomas and I delved into this argument, outlined in his recently released book, The Great Reversal: How America Gave Up on Free Markets."

Excerpt from Central Banking -- "While the songs and campaigns have been effective in educating the public on the importance of low and stable inflation, Peter Henry, dean emeritus of New York University’s Leonard N Stern School of Business, believes the central bank has 'done something much deeper.'"