Experience Stern | News & Events

On February 28, NYU Stern’s Luxury & Retail student club co-hosted a special guest lecture with IBM, “Retail 2020: Reinventing Retail Once Again,” featuring Professor Herb Kleinberger and Chris Hendren of IBM Global Solutions. The lecture corresponded with the global launch of the paper, "Retail 2020: Reinventing Retail Once Again" (a joint project between NYU Stern and IBM).

To more formally prepare MBA students with the strategic and analytical skills to guide organizations navigating a digital world, NYU Stern has launched a Digital Marketing specialization. Starting in spring 2012, students have the opportunity to focus their studies on a mix of marketing and information systems (IS) courses that will equip them with the knowledge to create value in an increasingly complex and changing digital world.

Excerpt from NBC -- "Even if there is no price promotion on items on an end-of-aisle display, many consumers assume there is."

Excerpt from WIRED -- "The secret, it turns out, is the presence of particular meta-ideas, which support the spread of other ideas. First proposed by economist Paul Romer, meta-ideas include concepts like the patent system, public libraries, and universal education."

Excerpt from New York Post -- "'We were getting signals from employers that they would like people trained in this area - those who can think strategically in the digital world and who have the skills to deal with the challenges that come from kind of data that this world generates,' says Dhar."

Bill Drayton, founder & CEO of Ashoka, a nonprofit organization supporting the field of social entrepreneurship, spoke to MBA students about “How to Lead in an ‘Everyone is a Changemaker™’ World,” through NYU Stern’s Leadership Luncheon Series.

Excerpt from BBC blog -- "Nouriel Roubini thinks the oil price spike out of the Arab revolts could push the world economy into stagflation. There is also the risk that currency war breaks out into open trade war."

Excerpt from The Wall Street Journal -- "By sharing information with the market, companies reduce investor uncertainty and prevent stock prices from swinging wildly upon unexpected bad news."

Excerpt from The New York Times -- " ... evidence of managerial bias is provided by a recent comparison of the investment behavior of otherwise similar public and private companies between 2001 and 2007 by the economists John Asker, Joan Farre-Mensa, and Alexander Ljungqvist, published by the National Bureau of Economic Research."

Excerpt from The Wall Street Journal -- "In a paper with Xavier Gabaix and Tomasz Sadzik of New York University and Yuliy Sannikov of Princeton, we show that optimal compensation packages involve long vesting periods."

Excerpt from Advertising Age -- "Internet-specific evidence on the importance of personalized messages was observed by New York University Professor Sinan Aral, in a rare experimental study of Facebook-app adoption."

Excerpt from The Boston Globe -- "When runners raced against one or more rivals, [Kilduff] found, they sped up — increasing their average speed by five seconds per kilometer. They got a clear performance benefit."

Excerpt from Bloomberg Businessweek -- "'Stock splits are empty gestures,' says Aswath Damodaran, a finance professor at NYU’s Stern School of Business. He says lowering stock prices can enlarge the pool of potential investors; with more investors bidding for a stock, the price can go up."

Excerpt from Inc. Magazine -- "All businesses, whether big or small, should go to the trouble of learning those little things that customers value above and beyond the basic product or service."

Excerpt from WIRED -- "'When we can process a piece of information more easily, when it’s easier to comprehend, we come to like it more,' said psychologist Adam Alter of New York University."

Excerpt from MSNBC -- “Right now you have a situation at Facebook where there’s a benevolent dictatorship, but my concern is they tend to become malevolent dictatorships, and that can hurt you when it comes to the pinch."

The 2012 MBA Media & Entertainment Conference, co-hosted by NYU Stern’s Media, Entertainment and Sports Association (MESA), is a premiere event for MBA students focusing in the media, entertainment and technology industries. The conference will feature Netflix Co-Founder and CEO Reed Hastings as one of the keynote speakers, along with a variety of panel discussions and networking opportunities.

The Penn/NYU Conference, considered the premier annual conference on law and finance, is jointly sponsored by NYU’s Pollack Center for Law & Business, Wharton’s Financial Institutions Center and the University of Pennsylvania’s Institute for Law and Economics. Faculty from top business and law schools will convene at the University of Pennsylvania Law School to hear colleagues present research at the intersection of law and finance. Speakers and moderators include Pollack Center Director William T. Allen and NYU Stern Professors Yakov Amihud, Stephen Brown and David Yermack.

Excerpt from Forbes -- "NYU’s Sinan Aral will close the day with a discussion about social network analysis and what it reveals about how we really work. Yes, Twitter and Facebook are changing the way you turn up at your desk."

Excerpt from Bloomberg -- "I think there are still big dangers lurking in the euro system and European economies. Making progress on the Greece restructuring is definitely a good thing, but the progress has been very slow."

The Inaugural Stern Africa Forum (SAF), co-hosted by student organization Stern in Africa (SIA) and NYU Africa House, will bring together top African business thinkers, innovators and executives to discuss the trends driving economic development and growth on the African continent. Themed "Redefining Africa: Innovative Business and Frontier investments in Emerging Africa," SAF  will focus on the innovative business practices and ventures fueling the progress and potential of Africa’s emerging economies.

Excerpt from CNBC -- "At New York University’s Stern School of Business in Manhattan, the 400 grad students in professor Aswath Damodaran’s corporate finance class use CourseKit to chat with him and their fellow students, post articles and share notes under the professors guiding hand."

Excerpt from The New York Times -- "So making the recommended 36-month [credit card] payment wouldn’t get the customer out of debt in three years, even if the customer makes no new purchases, [Gartenberg] said. In fact, it’s likely to take much longer."

Excerpt from Forbes -- "'The numbers must be taken with a grain of salt.' That’s because there are a host of issues that can make any GDP comparisons misleading, including how the quality of goods varies from country to country, he explains."