Faculty News

Professor Kathleen DeRose shares insights on Synchrony Financial's partnership with PayPal

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Excerpt from the Stamford Advocate -- "'We’re looking at the end of the cash era, and that means everyone in the payments stack is looking to position themselves,' said Kathleen DeRose, a clinical associate professor of finance in New York University’s business school. 'From Synchrony’s perspective, they benefit from economies of scale.'"
School News

Stern's Tech MBA degree is featured

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Excerpt from Poets & Quants -- "At New York University’s Stern School of Business, a new tech MBA will offer students a specialized one-year MBA that focuses on business and technology. Peter Henry is the dean at NYU’s Stern. Henry tells the Financial Times that the one-year format matches the employment model of tech employers since tech companies often hire on an ad-hoc basis due to the industry’s imminent pace of change."
Faculty News

Dean Peter Henry is profiled by his alma mater

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Excerpt from Carolina Alumni Review -- "Somehow, we've forgotten that trade, capital flows and immigration are the keys to driving greater shared prosperity -- whether you're in Akron, Ohio, or Accra, Ghana. We need more of those things, not less. I want to get back to advocating for that, and I feel like the best way for me to do that is through my research and teaching -- engaging with students, scholars and even the broader public. Thanks to technology, the classroom's now the world, and the possibilities are endless."
Faculty News

Professor Samuel Craig is interviewed about Meredith Corp.'s acquisition of Time Inc.

Excerpt from the Des Moines Register -- "'I think they basically flew under the radar,' said Craig, NYU's Catherine and Peter Kellner Professor of Entrepreneurship and Arts and Media Management. 'If you ask people who publishes Better Homes and Gardens, they would say, "I don’t know."' He expects that all to change now that the Des Moines-based Meredith has acquired industry giant Time Inc. 'I d­­­o think this catapults Meredith to the front of the line,' Craig said."
Research Center Events

NET Institute Conference on Network Economics

Street view of the Henry Kaufman Management Center
Distinguished academics from around the world will convene to share their research in the rapidly evolving field of network economics at the 2017 NET Institute Conference, held in partnership with NYU Stern’s Center for Global Economy and Business.
Business and Policy Leader Events

Langone Speaker Series: Innovators & Entrepreneurs, Featuring Jeffrey & Meika Hollender

Jeffrey Hollender, Co-Founder and former CEO of Seventh Generation, and Meika Hollender (MBA ’13) Co-Founder and Co-CEO of Sustain Natural, will join MBA students and alumni for a 2017-18 Speaker Series Event.
School News

Stern's increase in tech recruitment and one-year Tech MBA degree are highlighted

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Excerpt from Clear Admit -- "Amazon hired more Stern graduates in the Class of 2017 than any other company, marking the first time that a technology company topped the list of leading employers. In the past five years, technology placements have more than doubled, and they jumped almost 7 percentage points in the past year alone. Stern also last spring announced the launch of a new specialized one-year Tech MBA program and is currently accepting applications for its inaugural class."
Faculty News

Professor David Yermack comments on the risk associated with investing in bitcoin

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Excerpt from Marketplace -- "I think people who own these things have a certain appetite for risk...What you're talking about with digital currencies is much more idiosyncratic risk which is unique to the asset but not tied to the overall economy."
Faculty News

Professor Susan Stehlik explains why companies need to start rebuilding trust with their workers regarding sexual harassment in the workplace

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Excerpt from NY1 -- "Most of these companies have policies in place and if it gets that outrageous that they have to fire people in 24 hours, then I have to question whether those policies are working. ... Companies need to start rebuilding trust with their workforce and if they have a policy in place and someone's complaining, they're supposed to do an investigation, they're supposed to get back to the person who's accusing and they're supposed to get back to the person who's been accused."
Faculty News

Professor Eli Bartov's joint research on the impact of late SEC filings is featured

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Excerpt from CFO -- "Companies’ share prices plummet when they file Form NT ('non-timely'), despite stated expectations to meet their deadlines, according to a paper published by professors Eli Bartov of New York University and Yaniv Konchitchki of the University of California at Berkeley in the December issue of the American Accounting Association’s journal Accounting Horizons."
Faculty News

Professor Nicholas Economides argues that eliminating net neutrality will negatively impact consumers and startups

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Excerpt from Quartz -- "He believes that payments from content companies to internet providers would end up in the pockets of the internet provider’s stockholders, and not be passed on consumers. 'Right now we don’t see companies like Microsoft, Google and Amazon coming to AT&T begging for prioritization,' Economides told Quartz. He said that instead, we see AT&T coming out and saying we want a new revenue stream."
Faculty News

In an in-depth Q&A, Professor Scott Galloway discusses how Amazon, Apple, Google, and Facebook are reshaping cities, from his book, "The Four"

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Excerpt from CityLab -- "Find the universities that are gaining the most traction in engineering or STEM and you’re going to find an ecosystem that can produce a unicorn. My money would be on St. Louis, because of Washington University, which is starting to attract the finest human capital in the nation. Whoever gets the smartest 18-year-olds, 10 years later, they get a unicorn. Pittsburgh is also a great candidate because of Carnegie Mellon. You know how they say 'follow the money'? I say follow the university rankings, specifically for engineering schools."
Faculty News

Professor David Yermack discusses the evolution and expansion of Stern's cryptocurrency course offerings

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Excerpt from the Financial Times -- "Prof Yermack at NYU Stern says blockchain technology 'is really changing every industry'. Describing its potential as 'probably as important as the introduction of double-entry bookkeeping', he says there is 'enormous student interest for this, for the jobs it offers'."
Faculty News

Professor David Yermack is interviewed about bitcoin's security

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Excerpt from the Australian Financial Review -- "'Bitcoin is by consensus the most secure computer network ever developed,' says Professor David L. Yermack, chairman of the finance department at New York University's Stern School of Business. 'Many financial institutions have recognised that blockchains are potential conduits for many assets, including digital currency, shares of stock, real estate titles, and the like. Rather than constructing a blockchain from scratch, one might use an existing blockchain as the infrastructure upon which new markets can be layered.'"
School News

In an in-depth Q&A, Assistant Dean of Career Services Beth Briggs highlights the career services offerings at Stern and discusses recruitment trends

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Excerpt from Clear Admit -- "For the Class of 2017 we had almost 17 percent go into the tech industry. That’s up from 10 percent last year, which is a significant increase that we are thrilled to see. Amazon is now our very top employer, and IBM and Google tied for sixth. I think it’s also changed some of the curriculum here at Stern. We have added a Fintech MBA specialization, which employers are well aware of. It really helps us position our students, because they have such a terrific opportunity to learn here at Stern about business and how tech is impacting where the growth opportunities might be."
Business and Policy Leader Events

Stern Alumni's "Author Lecture Series" Presents Joel Steckel, Allen Adamson & John Sexton

On November 27, the NYU Stern Office of Alumni Relations will host the next installment of the "Author Lecture Series" featuring Professors Joel Steckel and Allen Adamson. The two will discuss research and findings from their new book entitled Shift Ahead: How the Best Companies Stay Relevant in a Fast-Changing World. President Emeritus John Sexton will moderate the conversation. 
Faculty News

Professor Scott Galloway shares his views on the Honest Ads Act and regulation of Facebook

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Excerpt from the Financial Times -- "Scott Galloway, a professor of marketing at New York University and the author of The Four, a book about Amazon, Apple, Facebook and Google, says the Honest Ads Act is simply 'window dressing' to make the Senate look like it is doing something. He points out that regulators have failed to shake up Facebook, which benefits from a large cash pile and earnings momentum that is unlikely to be lost any time soon."
Faculty News

Professor Lawrence White discusses the impact of hurricanes on small business insurance premiums

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Excerpt from CNNMoney -- "Businesses in hurricane-prone zones could also see their premiums go up, White warned. 'Insurance is all about the insurer’s perception of forward-looking risk,' said White. If a hurricane like Harvey makes insurers believe that Houston is more likely to be hit again, 'then for sure someone’s premiums are going to go up.'"
School News

Beth Briggs, Assistant Dean of Career Services, shares tips for MBA students on how to get an edge on job searching over holiday break​s​

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Excerpt from TopMBA -- "'Talk to alums from your MBA program, or partner with professors to try to find a project you can do over the break,' says Beth Briggs, assistant dean of Career Services at New York University Stern School of Business. 'Even short-term engagements can provide you with really good experiences, that you can add to your resume and talk about in future interviews.'"
School News

Research from the Pollack Center for Law and Business on the Securities and Exchange Commission is referenced

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Excerpt from The Washington Post -- "The SEC filed 62 enforcement actions against public companies and their subsidiaries in fiscal 2017, a 33 percent decline from the previous year, according to another study released earlier this month by the New York University Pollack Center for Law & Business and Cornerstone Research."
Faculty News

Professor Anindya Ghose provides advice on how to avoid fake mobile shopping apps

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Excerpt from US News & World Report -- "'Even if they're not using credit card information, [imitating a popular app] makes the app a suitable publisher for viewing different kinds of display ads or banner ads,' explains Anindya Ghose, the Heinz Riehl chair professor of business at New York University's Leonard N. Stern School of Business."
 
Faculty News

Professor Arun Sundararajan highlights the benefits of a non-for-profit course for gig economy workers

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Excerpt from the San Francisco Chronicle -- "'We’ve already got very well-developed curricula to prepare people for full-time jobs,' he said. 'But the science of education to transition to something other than being a full-time employee is more nascent. The true promise here is laying the foundation for a much broader audience for this kind of education.'"
Faculty News

Professor Foster Provost's joint research on social media, privacy and advertising is featured

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Excerpt from NBC News -- "The study entitled 'Enhancing Transparency and Control When Drawing Data-Driven Inferences About Individuals,' is a joint research material by Daizhuo Chen from Columbia Business School, Northeastern University's Samuel Fraiberger, Robert Moakler and Foster Provost from Stern School of Business, New York University."
School News

In an op-ed, NYU Stern Center for Business and Human Rights Deputy Director Paul Barrett argues that increased transparency can help fight harmful content on tech platforms

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Excerpt from Bloomberg Businessweek -- "Radical transparency would clash with prevailing corporate instincts—and would have to be tempered by careful protection of user privacy—but it could open the industry to new ideas and win it new levels of trust."