Experience Stern | News & Events

Excerpt from Forbes -- "If you really want to get hot under the collar, consider the work of Aswath Damodaran, a professor of finance at the Stern School of Business at New York University. In trying to research profits of the pharmaceutical industry for a piece I was writing, I stumbled across some marvelous tables that Damodaran regularly updates, looking at the average financial performance of nearly 100 industries."

Excerpt from Bloomberg -- "It's probably good to start with the basics. One question is how much total tax is the government going to collect. Then, the second one is who pays which portion of that. A lot of the discussion right now is about adjusting how much different groups pay, and, in general, the democrats are saying the rich should pay more. There is some suggestion, as well, that there are ways to collect more total revenue and do new things, but it's probably helpful to keep those two things separate. So the debate is either about who pays or what do we want to do with some additional revenue."

Excerpt from BusinessBecause -- "'It was important to me to experience something entirely new,' she asserts. ... 'Stern appealed to me because of its prime location and commitment to fostering emotional quotient within its student body,' she says."

Excerpt from Forbes -- "Godin quotes Nobel prize-winning economist Michael Spence who divides up jobs between those that are tradeable and could be done somewhere else such as manufacturing a car; and those that are non-tradeable like frying fish and chips. Spence’s killer finding, says Godin, is that in the USA alone only 600,000 new tradeable jobs were added between 1990 and 2008."

Excerpt from TheStreet -- "'They missed an opportunity to build perceptions of their corporate citizenship, which is going to be more important as they've gotten so colossal,' Adamson added."

Excerpt from Knowledge@Wharton on SiriusXM -- “Companies need to understand what it means to operate globally and to understand who that upper tier luxury consumer is. An interesting thing is that a lot of these luxury consumers are younger today, so these companies are addressing a younger generation. And even though these consumers may not be African American, for example, they are sensitive because younger customers are a little bit more sensitive, regardless of what their own cultural background is.”

Excerpt from The Wall Street Journal -- "'A robot has no consciousness, no ethics,' says Vasant Dhar, a professor of information systems at New York University’s Stern School of Business who runs a robo adviser for institutional investors. Without those qualities and the resulting moral code, a robot wouldn’t be capable of always acting on your behalf, he says."

Excerpt from CBS Sunday Morning -- "'[Eloise] basically owned a version of pink and said, "Pink can also be mischievous. It could be a little bit more playful,"' Alter said. 'That was a really good thing for the color pink. Gave it this extra dimension, and meant that pink didn't just mean being very well-behaved and doing exactly the right thing all the time. It also meant being yourself, and being the real version of who you are.'"

Excerpt from The New Times -- "'Surprisingly, even after globalisation’s recent gains, the world is still less connected than most people think it is,' commented GCI co-author Steven A. Altman, Senior Research Scholar at the NYU Stern School of Business and Executive Director of NYU Stern’s Center for the Globalization of Education and Management."

Excerpt from WIRED -- "Regardless of what orders might be signed or what new strategies are put into action, Washington is going to have a recruitment problem: There just aren’t enough incentives to lure AI talent away from high-paying jobs with great benefits into a life of public service."

Excerpt from NBC News -- "'The activists stopped Walmart from coming in,' White said. 'It was a symbolic event, but it did not stop the advancement of other big box operations.'"

Excerpt from NBC News -- "'This was a big fish,' Ginsberg said. Amazon would have created a 'positive loop — the ecosystem continues to grow new firms. Amazon would have been providing new sources of tax revenue in a city with crumbling infrastructure.'"

Excerpt from ETF.com -- "Dahiya and Yermack found that the performance of the typical endowment fund was so poor that it would have earned substantially higher returns if its trustees had followed a simplistic investment strategy of holding 100% Treasury bonds and taken no equity market risk whatsoever."

Excerpt from NPR -- "In other words, the Dunning-Kruger effect is people think they know more than they do or they underestimate what they don't know about a topic. And we see this all of the time at Thanksgiving dinner or on Twitter."

Excerpt from the The New York Times -- "'I believe investors will forgive even higher fourth-quarter losses if there's evidence of significant topline growth,' said Arun Sundararajan, a professor of business at New York University Stern School of Business."

Excerpt from Directors & Boards -- "Practically speaking, directors can most easily identify the issues they ought to focus on by looking at the principle profit drivers of their industry and assessing when and how those are in tension with desired social outcomes."

Excerpt from BBC -- "I think it's unfortunate.... Having Amazon here would create even more business, and it would create business not only for the tech sector and keep the talent here that would otherwise leave and also, of course be more attractive to talent coming here versus other areas..."

Excerpt from BBC -- "Susan Stehlik, director of New York University’s management communications programme, suggests offices and teams use a technique called 'appreciative inquiry'. This means that the team sits down at the very initial stages of a project and brings up their individual needs, schedules and preferences right out of the gate to the group – ideally, so that the group can adjust accordingly."

Excerpt from the CNN -- "'The fashion industry is a primarily white industry,' says Thomaï Serdari, a luxury branding strategist who teaches marketing at New York University. 'There's a very small percentage of people of color in the industry, especially as brand owners or as executives of high level within these corporations.' ... 'Offending somebody in this obvious way shows something fell through the cracks," says Erdem. 'If you have the right culture, these mistakes won't occur or it will be very, very unlikely. To me, it does reflect that organizationally, it's not quite right.'"

Excerpt from Poets & Quants -- "When Amazon was just on the West Coast, the company was NYU Stern’s top employer two years in a row. While we may be disappointed not to have them right in our backyard, we will continue to nurture this very strong relationship regardless of their geographic location."

Excerpt from The Washington Post -- "In the best-selling 2018 book “The Coddling of the American Mind,” Greg Lukianoff and Jonathan Haidt note that young people are increasingly protected from all types of danger, physical and psychic. Children are discouraged from venturing alone out of the house by their parents, who also adjudicate their disputes with other children. The protection culture often deepens in college, with the proliferation of 'safe spaces' and 'trigger warnings' to allow avoidance of hurtful ideas."

Excerpt from My Quest for the Best -- “We want to think about what the key message is. We want to think about where we are within the industry range and where we’re exceeding it.”

Excerpt from Quartz -- "'A very high proportion of what we are talking about as globalization is really activity that takes place in regions or among neighbors,' Steven Altman, a New York University researcher who helped develop the index. 'The international flows themselves are smaller than people think.'"

Today New York University Stern School of Business announced the launch of a new online Master of Science in Quantitative Management Program (MSQM), officially marking its entrance into the online degree category as the first and only top-ranked U.S. business school to deliver an MS in Management online.
 

Excerpt from Financial Times -- "Change is indeed on the way. But it cannot be left to happen. The cryptocurrency movement would reject that, because its roots lie in anarchistic libertarianism, as Nouriel Roubini of New York University argues."