Experience Stern | News & Events

Excerpt from Xinhua -- "Trade negotiations lead to agreements regarding the rules for trading, which generally lead to more trade that can change a trade balance in any direction, said Paul Wachtel, a New York University economics professor. 'The negotiations are not going to have any direct consequences for the U.S. trade deficit,' said Wachtel."

Excerpt from Al Jazeera -- "When we reach a point that the President introduces any sort of significant economic legislation and wants to try and claim that this has been thought out and vetted by senior business leaders before it's been brought to congress, at that moment it will be difficult to kind of credibly claim that, given the lack of CEO councils."

Excerpt from Marketplace -- "We are unlikely to live in a world in which globalization goes to zero. Given that, it's important for business people and others to make some contingency plans about what does happen if we get a hard Brexit, or what does happen if the NAFTA re-negotiations, whenever they conclude, do lead to a significant raising of barriers. But I think it's very, very silly to either plan for a world of either total free trade or a trade-free world."

Excerpt from MetroMBA -- "Entitled 'Decomposing the Cross-Sex Misprediction Bias of Dating Behaviors: Do Men Overestimate or Women Underreport Their Sexual Intentions,' Stern Professor and Marketing Department Chair Priya Raghubir says her goal was to 'set the record straight on prediction bias across sexes.'"

Excerpt from the Stamford Advocate -- "'The key thing to do in expanding into any country is try to find a strong partner,' Craig said. 'For WWE, the model allows them to expand. For the local partner, it gives them additional content that basically represents an annuity that keeps providing revenues month after month and year after year.'"

Excerpt from The New York Times -- "Dr. Barasch said she too initially suspected that casual photography was removing people from the moment. 'But as we collected more and more data over the course of five or six years, we kept finding that photo taking was actually immersing people more in experiences,' she said."

Excerpt from the Financial Times -- "'Companies tend to think of their consumers and shareholders first. They say, "I don’t want a Twitter riot" and then "I don’t want analysts to worry that it’s going to impact my short-term sales and take my stock down",' said Mr Galloway."

Excerpt from the Chicago Tribune -- "'While we are not targeting a specific age group, we’re looking for students that can engage in dialogue across the classroom that is at a high level,' said Paula Steisel Goldfarb, associate dean of MBA admissions, financial aid and academic affairs at Stern. ... 'What I liked about Stern was the senior level of executives with 14 to 15 years of experience from large organizations,' [Spillane] said. 'Many were close enough with my age and life group to ask about work and how they manage the C-suite and balance children and family and career. I thought I would learn from them in a different way than I would from a younger cohort.'"

Excerpt from Inc. -- "'Updating NAFTA and creating stronger balances between countries rights and needs, that's all in the right direction,' says Ari Ginsberg, a professor of entrepreneurship with a focus on international business at NYU's Stern School of Business. He's particularly heartened that the U.S. has called for the establishment of a special committee to ensure that the needs of small- to medium-size businesses are considered in the broader agreement. 'The signals are much more positive than before for small businesses,' Ginsberg says."

Excerpt from the Daily Mail -- "'These findings suggest that having a camera changes how people approach an experience in a fundamental way,' the authors said, according to Science Daily. 'Even when people don't take a photo of a particular object, like a sculpture, but have a camera with them and the intention to take photos, they remember that sculpture better than people who did not have a camera with them.'"

Excerpt from Footwear News -- "'I would not agree that all companies need or should "take a stand,"' Schenkler said. '[It] depends on the issue: Is it a core value for the company? What is the perspective of principal stakeholders on it? How does it affect corporate reputation? How is it tied to corporate identity and image?'"

Excerpt from Bloomberg Quint -- "If you get it right, 'it’s very likely that you can hang onto three pieces of financing in one deal,' said Roy Smith, a former Goldman Sachs partner who’s now a finance professor at New York University’s Stern School of Business. 'It’s a natural business and a natural place for them to be.' If you get it wrong, though, 'bridge loans can hand your head to you,' Smith said."

Excerpt from the Morgan Stanley Ideas Podcast -- "The most important guideline for achieving inclusive growth is simply to make it an important objective. I think that the more a country decides that they want its growth to be broad-based, that they want it to measure inequality and changes in inequality as a success metric rather than simply measuring the totals, the more likely it is the country will achieve that. I think a mindset where you realize that business can be a really critical agent of social change and that progress in economy is often driven by business and so the costing of business as the force of change as opposed to the accumulator of capital is also an important part of shaping the dialogue."

Excerpt from Mic -- "'Increasingly citizens are holding businesses accountable,' added Tensie Whelan, a professor of business and society at the New York University Stern School of Business. 'It isn’t really an option to say nothing, you have to stand up and be counted.'"

Excerpt from CGTN -- "'I think that we need to look beyond the rent-a-car from a station model and towards the peer-to-peer models. So if you take the analogy of the United States, look beyond the Car2go model or the Drive Now model and towards the models of Getaround and Turo, where an individual can rent a car from another individual rather than picking it up off a station on the street.'"

Excerpt from The New York Times -- "'The risk calculus has changed dramatically,' said Scott Galloway, a professor at New York University Business School, who sits on several corporate boards. 'Yes, you may risk a tweet from Trump. But his tweets are increasingly flaccid.'"

Excerpt from NBC News -- "So while there are disagreements, 'Usually it's over business issues,' said Richard Sylla, a professor of economics at the New York University Stern School of Business. But here, 'the business leaders are taking a moral stance on fundamental American issues.'"

Excerpt from BusinessBecause -- "During my MBA exchange in NYU Stern, I was stunned by the startup culture in New York. Hackathons, coding boot camps and Meetups are all over the place. I believe there are more disruptions coming and more are driven by the new tech startups. They are poised to change the way we live, work and learn."

Excerpt from NASDAQ -- "Despite the bullish Tesla takes on Monday, a New York University finance professor said on Friday that he thinks one of the company's recent moves is very strange. Aswath Damodaran, who is regarded as a company valuation expert said he doesn't understand why a company that is losing cash, like Tesla, chose to raise its debt total and not sell stock."

 The program will address discounted cash flow valuation and the estimation issues that arise when information is imprecise or unavailable, value enhancement through the prism of discounted cash flow models, and contrast techniques. It will also delve into other valuation approaches, such as the use of multiples and comparables in relative valuation, and the use of option pricing to value certain types of stocks and businesses.

Excerpt from WIRED -- "'People feel very strongly that when they take photos it’s taking them out of the moment,' says Alixandra Barasch, a researcher at NYU who studies the effects of taking photos. 'Yet after years of running studies, we kept on finding over and over again that there were all of these positive aspects of photo-taking, as well.'"

Excerpt from the Financial Times -- "European safe bonds were first proposed by a group of European economists in 2011. In May this year a European Commission paper advocated the creation of a market for the debt, which could generate bonds with varying levels of risk."

Excerpt from MetroMBA -- "In a study entitled, 'Forgetting to Remember Our Experiences: People Overestimate How Much They Will Retrospect About Personal Events,” Mevvis and Tully investigated “how people’s expectations of how often they would recall an experience compared to how often they actually did recall it.' ... Barasch and her co-authors Kristin Diehl, Jackie Silverman, and Gal Zauberman, conducted an experiment framed around participants use of cameras. Their work, similar to Meyvis and Tully, found that those who did not take photos had 'more enhanced visual memory' than those that did take photos."

Excerpt from NBC News -- "'I think a lot of people do believe this is just huffing and puffing — and when push comes to shove, there’s not going to be any pushing,' Lawrence White, professor of economics at New York University's Stern School of Business, told NBC News."

Excerpt from Clear Admit -- "It wasn’t all that long ago that I was wondering what management consulting even was, and now I’m halfway through my summer internship in that exact field. My time at Accenture has taught me a lot, and I’m thrilled that I am exploring this path. If you’re considering making a change to enter management consulting, from where I sit, Stern is a great place for you to make it happen."