Experience Stern | News & Events

Excerpt from Bloomberg -- "King’s recipe to prevent a re-run: ensure lenders have enough collateral in place at the central bank to justify it acting as lender of last resort, restoring liquidity to the financial system. 'It is vital to sort out the conditions under which those loans will be made in advance, to make sure that banks do have enough collateral or security to justify those loans, and that it’s big enough to let the central bank lend enough money to prevent a bank run and collapse of the system,' said King, who was succeeded by Mark Carney in 2013 and has now returned to academia."

Excerpt from TechRepublic -- "Developers of the future will need to learn more skills, particularly in data analysis, said Kristen Sosulski, clinical associate professor of information, operations, and management sciences in the Leonard N. Stern School of Business at New York University, and author of Data Visualization Made Simple. 'Everything from statistical data analysis, to non-linear and linear data analysis, to machine learning and even artificial intelligence,' Sosulski said. 'It's really not just learning how to code, it's also learning how to analyze data and sell different models.'"

Excerpt from the Financial Times -- "'Apple is not a tech company, it’s a luxury brand,' said Scott Galloway, professor of marketing at the New York University Stern School of Business. 'Just as Apple copied Louis Vuitton, you’re going to see Nike and Adidas copy Apple.'"

Excerpt from Poets & Quants -- "As I go into my final semester here at NYU, I have to say that I agree with all the advice and reflections made by these recent graduates. However, I would like to add one piece of advice: do not rush. That may seem very vague, but as my time at Stern comes to an end, I realize there are so many opportunities I said no to or didn’t explore because I thought it was a 'waste of time.' Make the most of the four years you have and don’t feel pressure from your peers or family to do something that won’t make you happy in the long-run."

Excerpt from Quartz -- "The results are strikingly similar to the findings of a February 2018 paper from researchers at NYU and Via, a ride-hail app that operates in New York, Chicago, and Washington, DC, with exclusively shared rides. In that experiment, the researchers considered how best to compensate several thousand 'frustrated' riders who were picked up at least 8 minutes later than Via estimated in New York and DC (the Uber paper, remember, dealt with late drop-offs)."

Excerpt from Vox -- "That’s another feature of financial history, i.e., taking tough measures in the wake of a crisis and then watering them down over time. What’s different this time is that the watering-down began almost immediately instead of waiting a bit. That makes me think that we will not again have to wait half a century or more before the next large-scale financial crisis arrives."

Excerpt from CGTN -- (:34) "It's the beginning of estimating the damage, this storm has a tendency to linger for a long time and drop a lot of rainfall so there will be, I'm afraid, a multiple of the estimate of damage that we have right now."

Excerpt from ThinkAdvisor -- "As with every technology, there’s always risk and opportunity. When people talk about AI, [most] focus on what they [perceive] as people losing their jobs. There’s a potential for AI to be weaponized; and, obviously, it will eliminate some jobs. However, there are also tons of economic opportunities that it creates."

Excerpt from Bloomberg -- (:24) "There's certainly been the improvement in the economy, well not so much from 2007, but from the depths of the great recession which was roughly 2010 but also a greatly improved financial sector, more capital, more liquidity, more resilience generally. So both the economy at large and the financial sector specifically, much improvement since roughly 2008."

Excerpt from CNNMoney -- "'The whole phenomenon is very promising,' said Anindya Ghose, a professor at NYU's Stern School of Business who teaches a course on e-commerce and social media. 'A number of companies have tried it with mixed results. The potential is much higher than what we have seen so far.'"

Excerpt from Dataconomy -- "Located in New York City, the financial heart of the United States, students at NYU’s Stern School of Business must take just one course related to Big Data but have the option to take 16 more classes to build a foundation in theory and hands-on applications of data science."

Excerpt from the Financial Times -- "The picture is similar [to Harvard Business School] at New York University’s Stern School of Business, whose MBA programme is ranked 13th in the US by the FT. Applications for its full-time MBA programme were down nearly 4 per cent for entry in 2018.”

Excerpt from Forbes India -- "Similarly, Deepak Hegde of New York University’s Stern School of Business and Justin Tumlinson in their 2014 study show positive performance effects for start-ups when venture capitalists and the start-ups they invest in are close in ethnicity."

Excerpt from Bloomberg -- (:25) "The situation we are seeing unfold at CBS and lots of other organizations is a great example of our noticing really amping up...Our norms have changed and that's a big part of what actually changes attitudes, biases, and behaviors, is when our norms change, when our noticing changes."

On September 14, 2018, NYU Stern's Executive MBA Program and NYU Washington DC hosted the first Stern EMBA Speaker Series event at NYU’s downtown DC location featuring Fannie Mae's Executive Vice President, General Counsel, and Corporate Secretary, Brian Brooks.

Excerpt from MarketWatch -- "'Bitcoin happened to be launched in 2009, but it was the culmination of decades of attempts to create a digital currency on a peer-to-peer basis,' said David Yermack, a professor of finance and business transformation at New York University. ... 'They stumbled upon something — an experiment, you could say,' said Roubini, a professor of economics often identified as 'Dr. Doom.' 'They pretend to be libertarian, but they are a new generation of self-serving gold bugs. They only care about their money, not the protocol or the technology.'"

Excerpt from Bloomberg -- (4:05) "They didn't have to save the Lehman equity holders, but they needed to make it less of a crisis because if I don't know whether you had Lehman exposure, am I going to lend you money? No. And it was that uncertainty that caused everybody to pull in. They pulled in their financing and it led to the crisis."

Excerpt from BBC -- "Stehlik says from a human perspective, managers need to show compassion: 'You have to honour how people put love in their life,' she says. 'The day a manager doesn’t show compassion, then the worker turns around and says, ‘this is a hostile work environment."'
 

Excerpt from TechRepublic -- "'Python is very popular because of its set of robust libraries that make it such a dynamic and a fast programming language,' said Kristen Sosulski, clinical associate professor of information, operations, and management sciences in the Leonard N. Stern School of Business at New York University, and author of Data Visualization Made Simple. 'It's object-oriented, and it really allows for everything from creating a website, to app development, to creating different types of data models.'"

The W. R. Berkley Innovation Labs hosted the $300K Entrepreneurs Challenge Kick-Off & Info Session on Wednesday, September 12, 2018.

Excerpt from MoneyControl -- "Moreover, financial markets were also central to rising inequality, as initially shown by researchers such as Thomas Philippon and Simon Johnson."

Excerpt from NPR -- (1:42:48) "We have lots of evidence in my field of psychology that we don't always hit the mark of who we see ourselves as...as psychologists what we can tell you is we have unconscious bias, we have blind spots, we have all sorts of ways in which outside of our own awareness we are swayed by situational forces around us..."

Excerpt from Marketplace -- "'There's been a tremendous amount of consolidation during the last four decades,' Sylla said. 'The American banking system went from about 13 or 14,000 commercial banks four decades ago down to closer to 5,000 now.'"

Excerpt from Quartz -- "'(Zhang) is one of the sharpest analytical thinkers today in China,' said Anindya Ghose, the Heinz Riehl professor of business at New York University’s Stern School."

Excerpt from Poets & Quants -- "We launched the new Focused MBA program in Technology & Entrepreneurship in May 2018 (Andre Koo Tech MBA), and Technology has become the #3 employer of Stern MBA graduates (behind Finance and Consulting), with Amazon as #1 for the Class of 2017. This means more courses (across all programs) in technology, fintech, analytics, and entrepreneurship, and more technology companies on campus for projects and recruiting. Whatever your career aspirations, technology and exposure to technology are central to everyone’s success."