Experience Stern | News & Events

Excerpt from Forbes -- "NYU’s most promising innovators received a combined $200,000 in startup cash at the annual $200K Entrepreneurs Challenge held by NYU Stern’s Berkley Center for Entrepreneurship & Innovation. The four winning teams composed of students, alumni and faculty from seven different schools across campus, were chosen after pitching their ideas and enduring grueling Q&A by judges from venture capital, technology and design and social enterprise sectors."

Excerpt from Charlie Rose -- "Both economies face very large challenges. They're different, but ours is out of balance, struggling to find a sustainable path of growth that deals with employment and the distributional aspects of our pattern of growth and the Chinese have... a very substantial mass of structural change coming in their economy. At $6,000 per capita income, they aren't going to be the low-cost competitor in a number of industries so...what we believed after we spent some time with each other is that the old relationship is changing very fast and what we needed to do was to bilaterally understand the challenges in both economies and then go after the places where we can make a material positive difference."

Excerpt from Bloomberg -- "At NYU we track upstream and downstream traffic to try and get a sense of a company or a platform's power in the ecosystem and what you see across social media networks is while platforms like Pinterest and Instagram are accelerating, year on year, we actually saw that Tumblr's upstream and downstream traffic to and from retailers who would likely be a big source of advertising dollars is only slightly up, so among the battle of who is the fairest platforms, it looks like Tumblr is kind of flat to modestly down in our research."

Excerpt from National Review Online -- "In 'The Cost Disease,' the economist William Baumol observes that in 2005, U.S. health care spending per capita was $6,400 while all other spending per capita was $35,400. He projects that if growth in output continues at its historical average while growth in medical expenditures does the same over the next century, health care spending per capita in 2105 will be $213,000 while all other spending per capita will be $130,000."

Excerpt from Forbes -- "Michael Moses, co-founder of the Mei Moses Art Indices and Beautiful Asset Advisors, shared repeat sales data with me from the post-war and contemporary day and evening sales held at Sotheby’s and Christie’s last week, or in other words, data drawn from the lots that had appeared at auction before. The average compound annual return on the repeat sales during these auctions was 10.4%. ‘This was a really strong set of sales,' says Moses. 'They don’t get much stronger than this. Nor were there any really outsized returns that would skew the results.'”

At the end of the Fall 2012 semester, a group of NYU Stern undergraduate students in the Business and Political Economy (BPE) degree program were selected to represent NYU in the Up to Us Campaign - a nationwide competition, sponsored by the Clinton Global Initiative University, Net Impact, and the Peter G. Peterson Foundation - in which students educated classmates and their local communities on the federal government’s debt.

New York University Stern School of Business today welcomes to its New York campus the inaugural class of the Master of Science in Business Analytics program. The MS in Business Analytics is the first accredited graduate-level program in business analytics to be offered by a leading business school. It exposes students to innovative methodologies that support data-driven decision-making, and will equip graduates with the ability to transform data into a powerful and predictive strategic asset to ultimately drive better business results.

Excerpt from the New Yorker -- "In the mid-nineteen-sixties, two economists, William J. Baumol and William G. Bowen, diagnosed a “cost disease” in industries like education, and the theory continues to inform thinking about pressure in the system."

Excerpt from VoxEU -- "This is hardly the first time that the US government has faced the question of whether it should discriminate among its different promises (see Hall and Sargent 2013). In 1868, immediately following the Civil War, the US faced what seemed a crushing debt burden with outstanding Treasury obligations exceeding 35% of GDP."

Excerpt from CBS Sunday Morning -- "'Some of the researchers believe that it's biological in origin -- that there's something about the way this color interacts with our eyes and with our brains and with our physiology to weaken us,' said Alter. 'I think another alternative is that it's just based on the association.'"

Excerpt from New York Daily News -- “'This fall, I will start NYU’s Wagner School of Government working on a master’s in government administration,' she says. 'I’d like to work in city government, in veterans affairs, helping my fellow veterans.'"

Excerpt from Project Syndicate -- "If public-sector deleveraging is not a complete growth policy – and it isn’t – why is there so much attention on fiscal austerity and so little action (as opposed to lip service) on growth and employment?"

Excerpt from CNNMoney -- "'If you put in a price that is a bit off, you can affect the benchmark in a meaningful way, particularly because there just aren't that many transactions at the end of the day,' she said. 'You may try and move Platts in a particular way and lose in that transaction, but then gain, by moving the index, in a larger transaction on the opposite side or on your derivatives position.'"

Excerpt from The Economist -- "In a new working paper, Karthik Reddy of Harvard Law School, Moritz Schularick of the Free University of Berlin and Vasiliki Skreta of New York University’s Stern Business School explore the relationship between the two phenomena. 'Whether immunity is a vice or a virtue,' they write, 'depends on whether stronger immunity is relatively more valuable to corrupt politicians or to honest ones.'”

Excerpt from Financial Times -- "Michael Posner, a professor at New York University’s Stern business school, said the reluctance of some companies stemmed from 'a judgment that they don’t bear ultimate responsibility because they don’t own or operate factories.'"

Excerpt from Boston Magazine -- "'I think there is the growing realization that some portion of your business, in a number of industries, is going to involve a shared product rather than an owned asset,' he said. 'Now companies have to say, well, after I sell my product to my customers, are they using it efficiently? Because if they’re not using it efficiently, can I be sure that some sharing economy marketplace isn’t gonna come along and offer them a more efficient substitute?'”

Excerpt from Financial Times -- "David Yermack, a professor of finance and business transformation at New York University’s Stern School of Business, and co-authors, Tanja Artiga González and Markus Schmid of the University of St Gallen in Switzerland, examine more than 200 US companies accused by governments of price-fixing between 1986 and 2010."

Excerpt from Bloomberg -- "Certainly, Michael Dell and Carl Icahn's two plans are very, very different for what the vision for the company is and everyone and the board and the shareholders needs to decide which path they want to go down."

Excerpt from Politico -- "Barry Diller’s new Aereo venture may turn out to be the ultimate Catch-22. Aereo is possible only because of the existence of broadcast television, but broadcasters view it as a threat and have warned that they may stop broadcasting. If that happens, broadcast television and Aereo could both cease to exist."

Excerpt from PBS -- "I think there's no easy road to getting to the point of having the populous trust you. So we have to get there by making decisions -- for instance, invest in education, because think about the transformation of the world economy. The United States has become a service-driven economy. And so in order for us to deliver prosperity, we need to make sure that our citizens are in a position to benefit from the knowledge economy. But that means making the fundamental investments, for instance, in education."

Excerpt from Bloomberg -- "No one does catch-up better than Google. They have this army of engineers. They're not afraid to innovate and put stuff out that's not perfect and then do one of two things: make it work or kill it. So if you're Pandora or Spotify, this is a scary day."

Excerpt from Big Think -- "So what we have is an imbalance... an imbalance between economic importance in global GDP and economic voice in the setting of the global economic agenda. And so what’s required for the future is a rebalancing of this mismatch."

Excerpt from Reuters -- "Mike Posner, a professor of business and human rights at New York University's Stern School of Business, in an email said agreement to a legally binding accord by major European retailers has put U.S. retailers under pressure. 'The onus is now on American brands to step up to the plate,' he said."

Excerpt from Bloomberg -- "Lawrence White, an economics professor at New York University’s Stern School of Business, said the SEC should eliminate a requirement that companies rate at least 10 percent of the transactions they view on the website. 'It only serves to inhibit potential raters from even looking at the existing bundles of information,' White said."

Excerpt from Bloomberg Businessweek -- "Whether a musical campaign is a good strategy in New York is another question. The city and the subway stations beneath it are already bursting with unusual acts—from mariachi bands to opera duets and break dancers. Some busy locals have grown to either ignore or dislike all the clamor. Working in its favor is the Oreo event’s location and size. 'Union Square is a place where people naturally congregate, so you’ll reach them. The added benefit is the news coverage,' says Craig. 'The challenge for Oreo is it’s a 100-year-old brand. How do you keep it fresh, relevant, exciting? This is one way to break through the clutter.'"