Experience Stern | News & Events

Excerpt from The Economist -- "This week’s proposal—for a new asset, sovereign-bond-backed securities (SBBS)—both leaves states responsible for their own debts and encourages banks to diversify sovereign risk. Issuers of SBBS, which could be public- or private-sector entities, would buy euro-area government bonds at market prices, and repackage them. Buyers of SBBS would be paid interest and principal (and be exposed to default) as if they owned the underlying bonds."

Excerpt from Business Insider -- "I think there's a challenge on the business side figuring out how to both be profitable. I'm pro company; I want companies to make a profit. But how to then operate in a globalized environment — globalized world — where we have very weak governments and very powerful companies. And so the idea that government alone is going to protect people from all the things that can go wrong — inequality, mistreatment of workers, etc. — it's not realistic."

Excerpt from Professional Planner -- "'The frantic pace of many of our lives leads us to rely on' fast thinking, which may not be suited to facing ethical dilemmas, which may require a slower thought process, Dolly Chugh wrote in a paper published in Social Justice Research."

Excerpt from the Stamford Advocate -- "'Shrinking its footprint generally has been part of the recovery for RBS,' Lawrence J. White, a professor of economics in New York University’s business school, said in a recent interview. 'It shouldn’t come as a big surprise that as part of the overall shrinking that they would be shrinking their North American operations.'"

Excerpt from China News -- "We understand the importance of creative thinking in the local entrepreneurial ecosystem and we are honored to work with the WeWork Creator Contest to help creators realize their dreams."

Excerpt from Fox Business -- "Scott Galloway, a professor at New York University Stern School of Business and author of the best-selling 'The Four,' said these companies distort financial markets and capital flows. 'The reason why they need to be curbed or specifically broken up is that as evidence today, we don’t have fair competition,' he told FOX Business’ Liz Claman on 'Countdown to the Closing Bell.'"

Exerpt from MIT Sloan Management Review -- “Smartphones rule our lives. We text, swipe, and shop from our devices. And every time businesses tap into these phones, they are generating valuable streams of data that, using combinations of machine learning, data science, and artificial intelligence, they can put together and figure out a better way to curate their messages and their offers.”

Excerpt from Poets & Quants -- "NYU has given me so many unbelievable opportunities and experiences that I know could not happen in any other university. ... Just last month, I was able to attend a Ranger’s ice hockey game at Madison Square Garden! Another exclusive Stern opportunity I am looking forward to: Hong Kong for our spring break as part of our International Studies Program (more details to come on this in the spring)!"

Excerpt from Moneyish -- "'If you think of the kinds of opportunities that these new capabilities will lead to, it’s almost like the sky’s the limit,' Dhar concluded. 'If you’re a writer and suddenly you have the ability to query the entire world … and have the computer come back and give you an intelligent answer — the scope of productivity is just huge.'"

Excerpt from the Financial Times -- "Although recruiters talk about the need to have a diverse environment, Hori still believes that the primary motivation is not to miss out on the best graduates. 'I’d like to think it’s a heart and soul move,' she says. 'But there are many more options today for the top talent on MBA programmes.'"

Translated excerpt from El Pilon -- "Nicolás Galarza explained, 'during the investigation we realized that there are several collaborative schemes in which the private sector manages and is responsible for the maintenance of parks, freeing those burdens from the mayorships. This is a win-win scheme: from the point of view of the private sector, this means that it will be a park that will have more people visiting, improves security, improves traffic, businesses increase their sales, improves the value of the properties; and from the point of view of the administration, significant resources are saved to be allocated to other priorities for the city...'"

Excerpt from CNBC -- "...I think Amazon already knows where they want to be and they're just creating this hunger games environment to mature the best term sheet possible and then give it to the city's mayor where they want to be and ask him or her to match it, which will be irresistible."

Excerpt from Evolllution -- "I think it’s more and more important for schools to develop a sound point of difference or what we call a value proposition to try to get through a quarter of all the schools on contact. How do you develop a compelling message to our prospective enrollees at the college when they’re being exposed to all kinds of media, all kinds of information from other schools all the usual kinds of marketing devices? Colleges and universities have reacted by becoming much more consumer oriented, reaching students, reaching their parents, reaching the guidance counselors, and reaching the senior educators."

Excerpt from South China Morning Post -- "'Urbanisation didn’t happen (in China) because the government wanted the country to urbanise,' noted Alain Bertaud, urban planner and senior research scholar at the US’s NYU Stern Urbanisation Project. 'The economy asked for it, and the people voted with their feet. The government have had to cope with urbanisation rather than it being a deliberate policy decision. In a way, they are paying the price of this rapid urbanisation now.'"

Excerpt from Publishers Weekly -- "But as booksellers consider new models, keynoter Amy Webb (The Signals Are Talking: Why Today’s Fringe Is Tomorrow’s Mainstream), founder of the Future Today Institute, advised them to take into account technology and an automated future. 'I’m pro–independent bookstores,' Webb said. 'But I’m also a pragmatist. While I know you’re doing well today, my concern is that things change, and I am not entirely convinced that you’re prepared for the next 10 years or for the next 20 years.'"

Excerpt from Women's Wear Daily -- "'It challenges other brands that are charging a lot of money for magic potions based on secret ingredients but it would take a radical transformation of society to assume that only transparent brands will sell,’ said Serdari. ‘People’s motives in buying beauty products is deeply rooted in [the] psychological, rather than only physical, insecurities. These insecurities are healed as much by the product sold as by the type of escapism the brand offers.'"

Excerpt from Big Think -- "My general takeaway for marketers and businesses is to try not to make the sharing goal salient for people right when they walk into an experience. You see more and more hashtags on walls of establishments and the menus of restaurants. Move that activation process to when customers are finished or when they’re leaving or finishing their meal or when they’ve already made their purchase, because that allows people to be more in the moment."

Excerpt from the London Review of Books -- "In the mid-1980s, the economists Menachem Brenner and Dan Galai began to lobby the US options exchanges to create a ‘volatility index’, based on options prices, that would measure stock-market volatility in a way loosely analogous to – albeit mathematically far more sophisticated than – how the Dow Jones average or the Standard & Poor 500 Index summarises the market’s overall level."

Excerpt from Bloomberg View -- "Paul Schmelzing, a doctoral candidate in history at Harvard University, recently published a Bank of England working paper that sought to remedy this dearth of information. He began with the work of Sidney Homer and Richard Sylla, whose monumental tome 'A History of Interest Rates' contains a wealth of data going back centuries."

Excerpt from TopMBA -- "'Because of our exceptional finance faculty, NYU Stern continues to work closely with many investment banking partners and to attract students who are focused on roles in the industry,' adds Briggs. 'We have seen a consistently strong level of interest over the past five years, with growing concentrations of students leveraging this finance foundation to move into roles in the technology sector.'"

Excerpt from Poets & Quants -- "I studied at NYU’s campus in Florence, Italy (which is located on a hilltop overlooking downtown Florence) for my sophomore Fall semester. I got to learn Italian, eat with local Florentine families, and teach English to young Italians, all while taking some business coursework such as Intro to Marketing and Organizational Communications."

Excerpt from U.S. News & World Report -- "The recently passed corporate tax cut from 35 to 21 percent is likely to help telecom companies more than most. The effective aggregate tax rate for telecom services companies is 34 percent, according to a recent analysis from Aswath Damodaran, professor of finance at NYU Stern."

Excerpt from InvestorPlace -- "'The Effect of Dividends on Consumption' a Brookings Paper on Economics by Baker, Nagel and Wurgler expounds on this topic: 'consumption indeed responds much more strongly to returns in the form of dividends than to returns in the form of capital gains.'"

Excerpt from NPR -- "But adapting a new safety net for the new workforce will take time, says Arun Sundararajan, a management professor at New York University. And he says the transition could be messy. 'Full-time employment didn't sort of come packaged with all of these wonderful things that we now associate with it; it was built sort of painstakingly over 100 years,' Sundararajan says."

Excerpt from The New York Times -- "As the social psychologist Jonathan Haidt concluded in his 2012 book, 'The Righteous Mind,' if we have 'affection, admiration, or desire to please' other people, we lean toward them and attempt to 'find the truth' in their arguments. Social proximity matters."