School News

Senior Research Scholar Alain Bertaud shares how city clusters in China could foster its productivity

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Excerpt from The Economist -- "Alain Bertaud of New York University says that, if integrated well, China’s city clusters could, thanks to their size, achieve levels of productivity never seen in other countries. He says it would be comparable to the differences between England and the rest of the world during the Industrial Revolution."
Faculty News

Professor Nicholas Economides is interviewed about Greece's debt-relief agreement

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Excerpt from Knowledge@Wharton -- "...It signifies that the European Union has abandoned the goal of Greece returning to the global financial markets which was supposed to be the goal of the programs, instead it's giving cash to Greece to avoid going into the financial markets..."
Faculty News

Professor Roy Smith is interviewed about the Big Bang deregulation of the London financial markets in 1986

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Excerpt from Bloomberg -- "'In one morning, we traded more British stocks than any other British brokerage firm had done in two weeks,' says Smith, 80, who’s now emeritus professor of management practice at New York University’s Leonard N. Stern School of Business. 'Big Bang essentially blew away all the British rules.'"
Research Center Events

TRIUM Global Executive MBA Program Celebrates 1,000 Alumni Milestone

A group of TRIUM alumni
The TRIUM Global Executive MBA program, an alliance among NYU Stern, the London School of Economics and Political Science, and HEC Paris, celebrated an important milestone this year -- 1,000 alumni. To mark the moment, students and alumni from 16 class years representing 47 nationalities convened in New York City for a three-day community event, “Module 7: Celebrating TRIUM’s Global Alumni Community.”
Faculty News

Professor Scott Galloway shares his predictions for Amazon's growth

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Excerpt from Barron's -- "There's talk of them acquiring some TV networks and to get scale in content really quickly and fill in some niches because those assets have been beaten down from a valuation standpoint and Amazon has the ability to monetize them, not with just advertising, but because if they create more intensity across their Prime relationships, which are now 60% of US households, then they can sell more paper towels and more stuff to them."
Faculty News

Professor Aswath Damodaran discusses GE's decline and removal from the Dow Jones Industrial Average

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Excerpt from NPR -- "I mean, watching GE is like watching the Bataan Death March, right? I mean, every company has a story. And at this point, GE's story is that of, you know, decline. And the end is coming. You can see it."
Faculty News

Professor Nicholas Economides argues for why he believes Greece will be unable to repay its debts under its new debt-relief plan

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Excerpt from Bloomberg -- "'Under these conditions, Greece is unlikely to achieve fast growth, and therefore will be unable to pay back its debt in full despite a 10-year postponement of maturities granted by the EU,' said Nicholas Economides, professor of Economics at the Stern School of Business at New York University."
Faculty News

Professor Jonathan Haidt's remarks at Heterodox Academy's Open Mind Conference are highlighted

The Chronicle of Higher Education logo
Excerpt from The Chronicle of Higher Education -- "'We’re on a ship, the ship is kind of going down, and rather than fighting with each other, we actually can work together and patch it up,' Haidt said. 'It’s a pretty good ship, other than it’s sinking.'"
Faculty News

Professor Arun Sundararajan discusses the economic implications of the Supreme Court’s recent online sales tax ruling

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Excerpt from Nightly Business Report -- "I think they are going to start seeing it very soon especially if you shop through retailers like Etsy or Wayfair. I think Wayfair is probably one of the biggest losers here. They are a site that advertises themselves as a place where you don't have to pay sales tax. Amazon is probably going to see some impact but they are big enough to be able to absorb any loses that come from their sellers having to charge sales taxes. This certainly shifts the power in the online retail space away from the smaller players and toward the bigger players."
Faculty News

Professor Kim Schoenholtz shares how banks have grown since the financial crisis

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Excerpt from The New York Times -- "'The banking system usually looks at its greatest health at the top of an expansion,' said Kim Schoenholtz, a professor of the history of financial institutions and markets at New York University’s Stern School of Business."
Faculty News

Professor Anindya Ghose comments on Facebook's effectiveness as a crowdfunding platform

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Excerpt from The Wall Street Journal -- "'An average Facebook user logs in multiple times a day…and if [the campaign] is right up in your face every time you log in, the probability you see it is high,' Mr. Ghose said. 'So I give a lot of credit to a platform like Facebook for amplifying content like this.'"
School News

Executive MBA student Nate Kimball is named to the 2018 "Best & Brightest Executive MBAs" list

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Excerpt from Poets & Quants -- "I’m most proud of completing the federal regulatory approval process for the LaGuardia Airport Central Terminal Building Redevelopment Program. It allowed financing and construction of a $4 billion terminal program to move forward, and through the approval process we were able to incorporate some of the most ambitious sustainability commitments of any airport terminal in the country."
Faculty News

Professor Kathleen DeRose discusses how wealth managers can utilize AI

Investor Daily logo 192 x 144
Excerpt from InvestorDaily -- "According to her, they are concerned with the central question: '"How do they successfully operate a hybrid model where clients with large portfolios and complex situations can still receive the personal touch?"'"
School News

Beth Briggs, Assistant Dean of Career Services, discusses MBA hiring trends

Financial Times logo
Excerpt from the Financial Times -- "'For international students, we advise a bit more strategy during the career-planning phase, including understanding variables that can be controlled and those that can’t,' she added."
Faculty News

Professor Batia Wiesenfeld is interviewed about GE's removal from the Dow Jones Industrial Average

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Excerpt from Marketplace -- "GE was representative of America, of that whole post-war America as this industrial behemoth."
Faculty News

Professor Thomaï Serdari is interviewed about Tiffany's millennial-focused rebranding

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Excerpt from CNNMoney -- "The company is embracing a trend, said Thomai Serdari, a strategist in luxury marketing and branding who teaches at NYU's Stern business school: 'Cool is the new proper.'"
School News

Executive MBA student Nina Alexandrova is named to the 2018 "Best & Brightest Executive MBAs" list

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Excerpt from Poets & Quants -- "Being a single mom of a teenage daughter, full-time physician, and executive MBA student is a real challenge. I learned to prioritize and structure my time efficiently so every minute is used with purpose."
Faculty News

Professor Nouriel Roubini comments on trade tensions between the US and China

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Excerpt from CNBC -- "'The two key elements of global growth have remained the U.S. and China, and now the U.S. and China are on the verge of a trade war,' he said. 'There are actually signs of a slowdown of global growth in emerging markets, and the Fed keeps on tightening. So, this is a moment of some degree of fragility.'"
Faculty News

Professor Vasant Dhar is interviewed for a feature story on robo advisers

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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. For a robo to qualify as a fiduciary, 'you’d have to have a machine that has a strong moral code and understands the implications' of violating it, such as a regulatory fine or lawsuit, he says."
Faculty News

Professor Aswath Damodaran is interviewed about the performance of technology stocks

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Excerpt from CNBC -- "I think in a strange way these stocks are benefiting from the big tech companies succeeding as much as they have, because almost all of these stocks have come into play and some of the price you see in there is almost an acquisition premium that you're paying so you are hoping that these stocks will be taken over by somebody else in that war for tech. So I think that there is a point in which you have to ask, are these companies becoming too large to be acquisition targets."
Faculty News

Professor Beth Bechky's joint research on how women are judged differently than men for expressing emotion at work is featured

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Excerpt from Quartz -- "Our research showed that women feel the same emotions as men in the workplace, but they are often penalized because the 'expression' of those emotions is crying versus an alternative reaction (e.g., raising one’s voice or pounding on a table in frustration)."
Research Center Events

Executive Education Short Course: Finance and Accounting for Non-Finance Executives

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Starting with a review of financial data in a company's annual report and accounting statements, participants will gain a well-rounded understanding of how basic accounting information may be used in communicating with financial managers, as well as to assess a firm's future prospects and value.
Faculty News

Professor David Yermack is interviewed for a feature trend story on cryptocurrency education in business schools

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Excerpt from the Financial Times -- "'This is moving much faster than people expected. Business schools will have no choice but to update curriculums,' says David Yermack, professor of finance and business transformation at the New York University Stern School of Business."
Faculty News

Professor Edward Altman's Z-Score research is mentioned

Financial Times logo
Excerpt from the Financial Times -- "To gauge relative performance, they compared baskets of stocks with the best and worst scores on a credit-quality test published in the late 1960s by New York University finance professor Edward Altman."
Faculty News

Professor Jonathan Haidt's work with Heterodox Academy on viewpoint diversity is featured

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Excerpt from The Wall Street Journal -- "Rather than promoting a 'common-enemy identity politics' that admonishes white people and others with 'privilege,' Mr. Haidt said Friday, professors and administrators should embrace a 'common-humanity identity politics.'"