School News

Undergraduate student Julian Marchese is featured

Business Insider logo
Excerpt from Business Insider -- "Now a freshman student at NYU's Stern School of Business, Marchese and a partner at Yale are trying to launch a hedge fund out of their dorm rooms. Somehow, Marchese makes juggling school work with a social life and fledgling career as a hedge fund manager look like anyone could do it."
School News

Prof. Michael Posner is interviewed on Stern's Center for Business and Human Rights

Poets and Quants logo
Excerpt from Poets & Quants -- "'If you are going to run a Fortune 500 company in the 21st Century, you are going to be global and these issues are going to confront you at the highest level,' Posner says. 'Rather than react, it makes sense that people in the business world have studied it and have a sense of what the options are.'"
Faculty News

Prof. Adam Alter's research on the impact of milestone birthdays is featured

New York Magazine logo
Excerpt from New York Magazine -- "The years before beginning a brand-new decade — ages 29, 39, and so on — tend to be spent in self-reflection, according to a new paper published online today in Proceedings of the National Academy of Sciences. These are the prime What am I doing with my life? years, in other words, which prompts many people to behave in ways that suggest 'an ongoing or failed search for meaning,' the authors write. Their data suggests that these are the ages when people are more likely to either train harder for a marathon or run one for the first time; they’re also the ages when more people tend to cheat on their marriages or take their own lives."
Faculty News

In an op-ed, Prof. Michael Spence addresses economic reform in China

Project Syndicate logo
Excerpt from Project Syndicate -- "China does not have to give up the safety net provided by large asset holdings to allow markets to play a decisive microeconomic role. It can abandon the commanding heights model and develop its version of 'state capitalism' to support the best of both worlds. All that is needed is a persistently strong government commitment to the public interest – and, of course, a skillfully executed reform strategy."
Faculty News

In an op-ed, Prof. Michael Posner argues that universities have the power to protect human rights through purchasing and investment decisions

The Chronicle of Higher Education logo
Excerpt from The Chronicle of Higher Education -- "Universities need to move from the defensive, fending off divestment campaigns, to a more affirmative approach, examining how they can maximize their investments in companies that adopt longer-term business models that embrace sustainable environmental and human-rights business practices. Simply by making clear that these issues matter to them, universities can stimulate a broader debate within the investment community and in society generally."
Student Club Events

NYU Stern Students Win Cornell's MBA Stock Pitch Challenge

A team of NYU Stern students organized by the Stern Investment Management and Research (SIMR) club won first place in Cornell's MBA Stock Pitch Challenge in November. Owen Gilmore, Ziv Israel and Jerry Jiang took home the prize with their respective stock pitches for going long on TIF (Tiffany & Co.), LKQ (LKQ Corp., a replacement car parts manufacturer) and NXPI (NXP Semiconductors).
School News

The Stern Signature Project partnership with the CFDA is highlighted

The New York Times Logo
Excerpt from The New York Times -- "In the first part of the two-year [CFDA Fashion Incubator] program, designers selected for the incubator get an intensive eight-month business finance and marketing education as part of the C.F.D.A.’s partnership with Stern School of Business at New York University. Because the designers have established businesses, their brands also act as a case study project for the M.B.A. students, who work with the designers to develop business plans that include e-commerce and finance strategies."
Business and Policy Leader Events

Founders Unplugged: Marc Benioff

The NYU Entrepreneurial Institute and Newsweek will host Founders Unplugged, a conversation with Marc Benioff, chairman and CEO of Salesforce.com, and Newsweek's Kevin Maney on November 17.
Faculty News

In an op-ed, Prof. Pankaj Ghemawat discusses his research on globalization

CNBC logo
Excerpt from CNBC -- "Our 2014 DHL Global Connectedness Index shows that globalization is recovering from the hard hit it took during the financial crisis. However, international trade, capital, information, and people flows are not simply reverting to how they looked before 2008. The world is more international, but not necessarily more global, and trends vary across types of flows."
School News

Prof. Mervyn King's course, "Money and Modern Capitalism: Law and Business," offered jointly with NYU Law, is highlighted

Financial Times logo
Excerpt from Financial Times -- "The law school also has a partnership with the university’s Stern School of Business as reflected in the recent joint appointment of Mervyn King, the former Bank of England governor. As professor of economics and law, Lord King is teaching a course called Money and Modern Capitalism: Law and Business, which includes looking at reform proposals for banks."
Faculty News

In an op-ed, Prof. Vasant Dhar demonstrates how big data can be used to predict market conditions

CNBC logo
Excerpt from CNBC -- "This new type of factor, which is very different from indices such as the Michigan consumer sentiment index, may well join the ranks of key determinants of investment performance, alongside traditional factors such as value and momentum that have been used for decades on Wall Street."
Business and Policy Leader Events

MBA Students Compete in Amazon's 2014 Innovation Competition

Three teams of MBA students went head-to-head, pitching their ideas for future business endeavors in the finals of Amazon’s 2014 Innovation Competition.
Student Club Events

NYU Stern Students Win National Low Carbon Case Competition

A team of NYU Stern students, sponsored by the Stern Energy Club, won first place in the inaugural National Low Carbon Case Competition hosted by the Yale School of Management on November 14.
Faculty News

Prof. Foster Provost's book, "Data Science for Business," is featured

Fortune logo
Excerpt from Fortune -- "'There is no other book on practical data science for business applications that simultaneously has as much authority and as much clarity,' says Sinan Aral, a management -professor at MIT’s Sloan. 'Students cannot stop raving about this book.'"
Faculty News

Prof. Pankaj Ghemawat's research on globalization is featured

Quartz logo
Excerpt from Quartz -- "But, since 2005, emerging market exports of printed matter to advanced economies have grown significantly, from less than 10% to almost 20% of global volume. Why is this? Business professor Pankaj Ghemawat, who co-authored the study of global connectedness that returned this surprising result, says it’s tied up in human migration—and entertainment. Ghemawat says he himself is a part of this statistic because, like many other Indians living and working abroad, he subscribes to Bollywood film magazines. The story is not so different for other emerging markets with plenty of emigrants and a thriving culture that expatriates want to stay connected with."
Student Club Events

First Annual European Business Society Conference

The First Annual Conference of Stern’s European Business Society (EBS), themed, "The European Recovery: Myth or Reality?" will address current dynamics, challenges and opportunities in the region.
Faculty News

Prof. Norman White on statistical models in finance

GARP logo
Excerpt from GARP -- "Similarly, Norman White, clinical professor of information, operations and management sciences at New York University's Stern School of Business and faculty director of the Stern Center for Research Computing, says there is always concern when there is not 'some human in the middle of the decision tree.' He adds, 'I am very suspicious of the unintended consequences of over-reliance on automated models" in finance.'"
Faculty News

Prof. William Silber's book, "When Washington Shut Down Wall Street," is cited

Quartz logo
Excerpt from Quartz -- "As the war dragged on, Britain went from lender to borrower. And after the dollar-denominated Anglo-French loan of October 1915—organized by JP Morgan to fund the allied European powers—'the US dollar no longer took a backseat to the British pound,' wrote William Silber, an NYU professor and author of a book on the origins of the dollar as a reserve currency."
Faculty News

Prof. Lawrence White on the implications of government regulations on ratings agencies

Global Finance logo
Excerpt from Global Finance Magazine -- "In the years to come, NYU’s White predicts, this legislation will open up new opportunities for 'independent advisory voices' to sell their opinions to banking regulators. But they won’t necessarily be rating agencies, he says. They’re more likely to be financial services firms and academic institutions."
Faculty News

The DHL Global Connectedness Index, coauthored by Prof. Pankaj Ghemawat, is featured

The Economist logo
Excerpt from The Economist -- "Globalisation’s advance has never been inevitable or smooth; nor, despite some backward steps since the crash, has it ended. That, at least, is the conclusion of the latest DHL Global Connectedness Index, published earlier this month. Two economists, Pankaj Ghemawat of New York University’s Stern School and Steven Altman of IESE Business School compiled it using data from 140 countries, which account for 99% of the world’s GDP and 95% of its population. It shows that, after a big post-crisis drop, the trend of growing global interconnection resumed last year. Globalisation is back."
Faculty News

Prof. Arun Sundararjan on Uber's possible expansion into India

The Economic Times logo
Excerpt from Economic Times -- "'The density footprint in Delhi or Bangalore is not even comparable to its fleet in say New York city. There is plenty of room for Uber to expand,' said Arun Sundararajan, a professor at the Stern School of Business in New York whose research is focused on digital economics."
Faculty News

Prof. Deepak Hegde's research on the impact of lobbying on NIH funding is featured

The Wall Street Journal logo
Excerpt from The Wall Street Journal -- "'Remember that NIH has to pay attention to what the appropriators in Congress want, because they’re dependent on getting funding,' says Hegde. 'So our conclusion about soft earmarks is a more nuanced finding, but does indicate that soft earmarks are effective. And for the most part, I don’t think people are aware of the mechanisms through which allocations are made.'"
Faculty News

Prof. Arun Sundararajan discusses Gorilly, an e-commerce service

OZY logo
Excerpt from OZY -- "'The trick is going to be to make sure you have the right people representing your products,' says Arun Sundararajan, professor of information, operations and management sciences at NYU Stern. 'With social media, companies have already faced the challenge of losing control over the message.'"
Faculty News

Prof. Rosa Abrantes-Metz discusses OTC vs. exchange trading in the gold market

Financial Times logo
Excerpt from Financial Times -- "'While there are benefits to OTC trading, typically trading happens through a handful of large institutions who dominate those markets,' says Rosa Abrantes-Metz, an adjunct professor at New York University. 'When you have that happen with a lack of information coming out to the ultimate buyers and sellers, there is the potential of abuse.'"
Faculty News

Dean Peter Henry's book, "Turnaround," is highlighted

Excerpt from Global Times -- "China's success lies in its devotion to a win-win philosophy. Peter Henry wrote in his new book 'Turnaround: Third World Lessons for First World Growth', that America should learn from China's sustained commitment to a pragmatic growth strategy."