Experience Stern | News & Events

Excerpt from The Wall Street Journal -- "We believe that QE has redirected capital from the real domestic economy to financial assets at home and abroad. In this environment, it is hard to criticize companies that choose 'shareholder friendly' share buybacks over investment in a new factory. But public policy shouldn’t bias investments to paper assets over investments in the real economy."

Excerpt from The Hill -- "New York University professor Nicholas Economides will argue that the economic impact of the entire Internet marketplace, and not just Internet service providers, should be taken into account. He also says the drop in capital expenditures can largely be traced back to an AT&T plan announced before the rules were approved."

Excerpt from Fortune -- "'Best Buy is one of the most impressive turnarounds in retail over the last decade,' says Scott Galloway, marketing professor at NYU Stern and founder of brand-research firm L2. 'Three years ago the conventional wisdom was they were a carcass that had just been run over by Amazon.'"

Excerpt from Quartz -- "As a 2014 study by NYU’s Stern School of Business pointed out, international coalitions, including the Accord, are only inspecting around 2,000 factories. 'The worst conditions are largely in the factories and facilities that fall outside the scope of these agreements,' the report stated."

Excerpt from Financial Times -- "According to Jamie Tobias, an executive director at NYU Stern who oversees experiential learning projects at the school, employers also increasingly seek candidates who are adept at straddling both the public and private sectors. 'You can’t have a narrow focus anymore,' she says. 'The critical challenges facing society require trisector athletes: leaders who can work across business, government, and non-profit sectors. We are hearing from companies that they need leaders who can navigate this public-private line.'"

Excerpt from Marketplace -- "Arun Sundararajan, a business professor at New York University, said there are also people who are working side jobs. 'People who are working part time on things, in their minds, they might not consider it a job,' he said."

Excerpt from Quartz -- "The thing [Jet.com] has going against it is simple: Amazon. What are they doing that Amazon can't replicate if and when this becomes a competitive threat to the Seattle-based behemoth?"

Excerpt from Bloomberg -- "Cities worldwide have grappled with how to regulate sharing-economy companies that operate outside existing rules, which didn’t anticipate these new business models, said Arun Sundararajan, a business professor at New York University. San Francisco is 'certainly not alone in recognizing that coming up with the right set of regulations, and coming up with the right division of responsibility between the government and the platform, is challenging,' he said."

Excerpt from Luxury Daily -- "'Video is paramount in promoting brand stories as much as it is in showcasing product. M2M content, 'the new face of fashion storytelling,' is thoughtfully designed around the customer’s wish to learn more about favorite brands, designers and fashion icons as well as to be immersed in experiences,' Ms. Serdari said. 'While we know that there has been substantial progress in technology that supports shoppable video, at the moment, M2M is more about contextualizing the work of designers as well as interpreting the identity of brands.'"

On Friday, October 23, the Graduate Finance Association will host its 20th annual conference, themed "Navigating the New Financial Landscape."

The NYU Stern Salomon Center for the Study of Financial Institutions and The Clearing House hosted the fourth installment of the Gallatin Lecture Series on Banking on Friday, October 23.

The NYU 2015 conference on digital big data, smart life and mobile marketing analytics will explore how mobile technologies and connected smart devices affect advertising, promotions, marketing ROI, and omni-channel targeting effectiveness.

Excerpt from BusinessBecause -- "For roles that demand tech-savvy recruits, employers are looking for students with a technology background or a strong interest and understanding of innovation, says Roxanne Hori, Associate Dean of Corporate Relations, Career Services and Leadership Development at NYU Stern."

Excerpt from Financial Times -- "It is 25 years since Paul Romer published a seminal paper on the role of ideas and knowledge in the sustained growth in living standards. The core insight was that because ideas are 'non-rival' — one person’s use of an idea doesn’t leave any less over for others to use — discovery and innovation enables economies to achieve increasing returns to scale: producing more than one-for-one with the amount of inputs that go into the production process. That, in turn, is what makes it possible for material living standards — the amount we produce per capita — to grow continuously."

Excerpt from JoeGeni.com -- "What's amazing to me is that 14% of global employment is in manufacturing, and with the expansion of the global economy, jobs in these supply chains are incredibly important, particularly in poor places where investment from global companies has been transformative. I've done all this work on Bangladesh and the garment sector there. It's the second biggest garment sector in the world. It's incredibly important to Bangladesh's growth."

Excerpt from Fortune -- "'There’s nothing that one can think about Bernie Sanders that is going to be interpreted as a good thing from the perspective of the firms that are in or around the financial sector,' [White] says."

Excerpt from New York Magazine -- "Schweitzer and Galinsky point to a study by New York University psychologist Gavin Kilduff, who found that people tend to perform better when their rivals are present, as compared to their performance against random strangers."

Excerpt from New York Magazine -- "The theory, pioneered by NYU social psychologist Jonathan Haidt... argues that humans respond to five different sets of moral concerns."

Excerpt from RT.com -- "Here's where we have to separate the company from the investment. I like Tesla as a company. It think it's a company that's disrupting a business that needs to be disrupted. The automobile business is an awful business. It's badly managed, badly run across the board. So I think Tesla is disrupting the right business. I even like Elon Musk. I mean, I think he's a little over the top. But he's exactly the kind of CEO that a company like that needs: a PR machine, which is everything he does creates publicity. But Tesla, it has been, in a sense, been selling investors in what I call 'the big story,' which is 'we're going to be a big company. We're going to succeed.'"

Excerpt from MetroMBA -- "The NYU Stern School of Business and NYU Wireless have received a grant from the National Science Foundation. This four-year, $750,000 grant from NSF will go toward research in to the millimeter wave (mmWave) wireless networking spectrum and related business policies and models. The research will focus on business-related questions that will arise with the development of mmWave or 5G."

Excerpt from GMAC News -- "For the last two years we have strived to make being an Ally synonymous with being a member of the Stern Community. It means making your classmates and colleagues feel understood and valued (not just accepted), in order to get the most out of them. Not because it’s politically correct, but because it is the single best way to add value to business and society."

Excerpt from MarketWatch -- "Stock market crashes are inevitable, and we’re kidding ourselves if we think otherwise. That, at least, is the stark conclusion to emerge from research conducted several years ago into the frequency of crashes: 'Institutional Investors and Stock Market Volatility,' by Xavier Gabaix, a finance professor at New York University, and three scientists at Boston University’s Center for Polymer Studies: H. Eugene Stanley, Parameswaran Gopikrishnan and Vasiliki Plerou."

Excerpt from Bloomberg -- "I just think [Yahoo] has been a soap opera that's gone on two or three seasons too long. It should be sold. It is a great asset. It's the most trafficked website in the world."

Excerpt from Fashionista -- "For the past nine years, New York University’s Luxury and Retail Club has brought together students, faculty, luxury executives and local business owners to discuss the ever-changing luxury landscape. Eve Mongiardo, chief operating officer and partner at Irving Place Capital, argued that luxury is no longer about exclusivity and high price points. 'Some argue that Starbucks is a luxury company,' said Mongiardo. 'In many ways it is because it’s a daily indulgence that many of us can’t live without.' Luxury can mean different things to different people — it just depends on whom you’re asking."

Excerpt from Financial News -- "Existential events are not often fatal, but few companies escape the years of lacklustre performance that follow the thumping that the events engender. Boards of big business companies need to wake up and recognise that they can lower the probability of such events in the future by reshaping the cultures and middle management cadres that have enabled them."