Experience Stern | News & Events

Excerpt from Forbes -- "The fact is that many COBOL programmers–who come primarily from the Baby Boomer generation–are retiring. There is also the issue that the language is no longer taught in schools. 'Very few folks are learning COBOL,' said Navin Manglani, who is a professor of technology at the NYU Stern School of Business. 'But as long as legacy systems stay around, there will always be a need for COBOL programmers.'"

In this four week course, students can progress at their own pace through the key steps of data visualization. The hands-on lessons will focus on techniques for data preparation — how to choose, create, and edit graphics, as well as best practices for presenting your visualizations.

Excerpt from The Advocate -- "Sometimes it's a more complicated story than, 'Oh, any company ought to get a premium,' said Lawrence White, professor of economics at New York University at the Stern School of Business. 'When Company A wants to buy Company B, almost always there will be a premium that Company A offers over the pre-announcement share price,' said White, who has been in academia for more than 40 years."
 

Excerpt from Bloomberg -- "Jay Freeman, an investment banker-turned-consultant who’s worked on corporate turnarounds and restructurings, looks at diversity in senior management before attending job interviews. 'At some point, you gravitate toward someone who has some tie of shared experience,' said Freeman, who’s Black. 'You want to be able to find people who will be an ally, or an advocate or a mentor -- those are all things that are part of the calculation.'”

Excerpt from Adweek -- "Alixandra Barasch, assistant professor of marketing at New York University, said that Trump’s threats can profoundly affect businesses, which she’s seen most clearly when public companies’ stock prices have moved due to a single tweet. 'The current TikTok situation is an interesting one, because it more directly affects actual consumer decisions—not just Wall Street,' Barasch told Adweek. 'I could see it going in both directions, but either way, it’s clear that Trump’s comments—no matter how valid or legal—have a profound influence on real business outcomes.'”

Excerpt from Forbes -- “'People tend to function on autopilot until something inside their heads or in the world around them subtly or explicitly suggests it’s time to move on. Reaching the end of a feed is one such cue; removing the endpoint short-circuits that cue,' said Adam Alter, author and NYU professor, in a Medium post written by Rebecca Fishbein."

Excerpt from CoinTelegraph -- "Smart contracts have limited efficiency in certain industries if not implemented in conjunction with IoT sensors according to experts in blockchain and business from NYU. Stern School of Business Associate Professors Hanna Halaburda and Yannis Bakos presented their research at the Unitize conference July 10 on the interaction between smart contracts and Internet of Things (IoT) sensors in improving business efficiencies."

Excerpt from CNBC -- "Shares of Tesla have exploded lately, soaring 30% this month alone and bringing its 2020 gains to a whopping 230%. New York University professor Aswath Damodaran, sometimes called the 'Dean of Valuation,' called Tesla a 'story stock,' meaning its prices are not driven by news events or fundamentals."

Excerpt from Yahoo Finance -- "'All of these factors point to the heightened importance of platforms like Uber Eats in the economy of the future,' said NYU Stern’s Arun Sundararajan, the Harold Price Professor of Entrepreneurship, who co-authored the study with NYU Stern PhD student Manav Raj and Uber Technologies data scientist Calum You. 'COVID-19 is dramatically accelerating the transition to online commerce. Platform demand has been central to riding out the economic shock, especially for small businesses.'"

Excerpt from The Wall Street Journal -- "'This shock is going to cause a very large amount of economic damage,' said Michael Spence, a professor of economics at NYU’s Stern School of Business. 'A lot of these policies are essentially moving that damage to the sovereign balance sheet. It’s not that anybody thinks it’s ideal, but it may be better than leaving it lying around in the business sector or in the household sector.'"

Excerpt from The Wall Street Journal -- "'If a venture-backed company either can’t survive this pandemic or can’t convince investors to put in more money to hold on to employees, then either they should be laid off or the business should be shut down,' added Mr. Galloway. 'Every bailout leads to moral hazard, which leads to a bigger bailout later.'"

The NYU Stern School of Business and Uber Technologies announce the release of a new paper, “COVID-19 and Digital Resilience: Evidence from Uber Eats.” The study establishes that digital platforms enabled restaurant survival during the COVID-19 lockdown by providing critical continuity in access to customers.

Excerpt from BBC -- "Still, blending elements of a traditional shop with digital technology, safety and convenience could create a unique niche in the market. 'Maybe the answer is: you can touch and feel a product without having to actually go to a traditional, [crowded] store,' says Anindya Ghose, a professor of business at New York University. 'All [Grocery Neighbour] needs to do is figure out one hook that is really appealing to consumers where it’s no longer a want but a need.'"

Excerpt from NBC News -- "'What’s going on in Hong Kong lays bare what the Chinese system really is all about. They are repressing the most open corner of China,' said Paul Barrett, deputy director of New York University’s Center for Business and Human Rights."

Excerpt from The International Economy -- "Many advanced economies, especially those in Western Europe, as well as China, will face a version of this disease in the next decade or so. They too have high government debt and aging populations.These countries need to redesign pension and healthcare systems to manage the wave of people that everyone knows is coming. This will involve lengthening working lives, increasing saving, encouraging female employment and immigration in places where it is low, and possibly reducing the generosity of planned benefits. Only then can we maintain standards of living. Hopefully Japan will show us the way."

Excerpt from Seeking Alpha -- "'The biggest loss to Microsoft is the continuous antitrust scrutiny that does not allow it to make significant acquisitions in telecommunications and the Internet in the United States during the period of intense antitrust scrutiny.'"

Excerpt from The Grocer -- "Consumers prefer sustainable packaging and are buying more products with environmental credentials. Analysis by NYU Stern’s Center for Sustainable Business last year found market share growth of sustainability-marketed products was faster than their conventional counterparts."

Excerpt from Poets & Quants -- "'Passport Day is my favorite Stern tradition – and not just because it’s the day with the best food! Each year, student volunteers represent their heritage or country of origin at tables arrayed around a large tent in our plaza, serving food, wearing traditional dress, and sharing elements of their culture. Many student groups perform; highlights from last year included Chinese yo-yo, Argentine tango, and choreographed dances by the South Asian Business Society. It’s a wonderful community event where students can share part of their life experience outside the classroom and welcome partners and kids to share in the fun.' Rebecca Dewey, New York University (Stern)"

Excerpt from The Wall Street Journal -- "Perhaps the most systematic effort to quantify investor exuberance was conducted 20 years ago by Malcolm Baker, a finance professor at Harvard Business School, and Jeffrey Wurgler, a finance professor at New York University.

In research done in the wake of the bursting of the internet-stock bubble, they identified five variables for comparing investor sentiment at different points in time and showing how that relates to stock performance. A composite of those indicators shows that the current market is far less exuberant than in the late 1990s."

Excerpt from VentureBeat -- "Deepfakes are a major concern heading into the U.S. election this November. In a fall 2019 report about upcoming elections, the New York University Stern Center for Business and Human Rights warned of domestic forms of disinformation, as well as potential external interference from China, Iran, or Russia. The Deepfake Detection Challenge aims to help counter such deceptive videos, and Facebook has also introduced a data set of videos for training and benchmarking deepfake detection systems."

Excerpt from InsideHook -- "Dolly Chugh is an award-winning social psychologist at the New York University Stern School of Business, and her research-backed book, 'The Person You Mean To Be: How Good People Fight Bias,' is full of tools about how to stand up for others and change your behavior every day."

Excerpt from Business Insider -- "Milkman calls these costs 'exceptional expenses' that aren't really exceptional at all. The concept, she said, was explored in a 2012 paper by Abigail Sussman, an associate professor of marketing at the University of Chicago Booth School of Business, and Adam Alter, an associate professor of marketing at New York University Stern School of Business."

Excerpt from Yahoo Finance -- "And as NYU Stern School of Business assistant professor of marketing Alixandra Barasch points out, the small advertisers that make up the majority of Facebook’s advertising partners often can’t afford to leave the social network for other outlets. 'They are not going to be able to afford any kind of mass market advertising campaign, so they can’t go to TV, and they don’t want to,' Barasch explained."

Excerpt from Bloomberg -- "The pandemic has done more than gut revenue at retailers. It has disrupted the flow of goods to sales floors and forced the cancellation of high-end fashion shows that influence what styles consumers will buy next year. 'The supply chain is broken, the fashion calendar is no longer in place, and who wants to be out buying designer brands with all the social questions we’re asking ourselves right now?' said Thomai Serdari, who teaches luxury branding and marketing at New York University’s Stern School of Business. 'There’s too much happening at the same time. We have to rethink this industry.'”

Excerpt from Clear Admit -- "Students who choose to come to Stern’s MBA program develop the skills and mindset to embrace and drive change, and immerse themselves in an environment that fosters an entrepreneurial mindset. With our deep ties to industry, they gain access to the organizations and executives leading innovative solutions across global brands, nonprofits and startups throughout their MBA experience. For example, Stern Solutions experiential learning courses and projects give students opportunities to help a corporate partner solve a real business challenge in real time. Past partners have included Citi Ventures, the CFDA and BMW, to name a few. Students can also get involved with Endless Frontier Labs, a program at Stern for early-stage science and technology-based startups who apply from around the world, and through an affiliate course they can have a hands-on, front-row seat to learning how to scale a startup."