Experience Stern | News & Events

This course will provide a sound theoretical foundation from which to explore cutting-edge OpRisk techniques under a changing regulatory environment, including an overview of the latest updates to the Basel Accords.

Excerpt from The Citizen -- "A paper titled, 'Mobile Money in Tanzania' by Nicholas Economides and Przemyslaw Jeziorski published on July 29, 2016, notes that 'in developing countries, mobile telecom networks have emerged as major providers of financial services, bypassing the sparse retail networks of traditional banks.'”

Excerpt from The New York Times -- “'Just being a functional brand is not enough anymore — it’s very tough to differentiate yourself as a brand in the clutter we have out there,' said Tülin Erdem, a professor of marketing at New York University’s Stern School of Business."

Excerpt from News India Times -- "The talk was moderated by New York University’s Stern Business School’s Professor of Strategy Praveen Nayyar, who like Banga, is an alum of IIM Ahmedabad."

Excerpt from NBC Philadelphia -- "Companies that issue voluntary recalls before anyone gets sick will likely be viewed by customers in a positive light, said Tom Meyvis, an NYU marketing professor who studies consumer behavior. 'There’s an advantage to [the recall being connected] to one supplier,' Meyvis said."

Excerpt from Bankrate -- "'Banks are in a hard place because they tend not to be the innovators in financial technology, they’re just not set up to do that,' Dhar says. 'They’re basically doing what they absolutely need to do, and a lot of their budgets get taken up just by that.'"

Excerpt from The New York Times -- "Uber, which arrived in New York in 2011, has been known for its aggressive tactics and for pushing boundaries. But Mr. Sundararajan said the idea of rolling out another “de Blasio view” feature would undermine the company’s attempt to show that it had grown up. 'I don’t think that kind of response would be consistent with Uber’s attempt to remake its image and project the image of a more mature company,' he said."

Excerpt from CNBC -- "...It's a supernova business model and I don't see it slowing down. And by the way, I am not a fan of Facebook. I think this was punishment for a series of half-measures and weak leadership about some of the very real issues they faced and the market had some pent up fury that they unleashed last night on Facebook."

Excerpt from CNBC -- "'You find it overvalued but you cannot bet against it because this is a disruption machine,' [Damodaran] said. 'I'm not even sure what business the company is in anymore. It's a platform that can be used pretty much to disrupt any business. And that's what's being priced in.'"

Excerpt from Forbes -- "Visit a Whole Foods or the newer 365 Store, the chain’s answer to Trader Joe’s, and you will be inundated with messaging to join Amazon Prime. If you still haven’t joined Prime and shop at either chain, you will wish you did. The offers and messaging abound and are tantalizing. From the minute, you walk in the door, to the minute you sit down for a coffee or bite to eat, to your chat with the smiling produce guy who has 'Prime - Something to Smile About' emblazoned on his T-shirt, you can’t miss solicitations to join, whichever way you turn."

Excerpt from LifeHacker -- "I found that dividing the day into hours didn’t allow me to get everything done—I’d either set my expectations way too low or too high. The hour convention works well for groups who need to tell time, but I don’t think it works as well for productivity. For example, I learned that if I have 40 minutes rather than an hour to complete a task, I’m likely to focus and work harder."

Excerpt from Business Insider -- "There's a lot we can do as individual consumers, but also I think the major solutions should reside with the companies that push us to use email for example, and with governments which have a power to intervene to some extent. Different countries are much more tuned in to this than others."

Excerpt from The Washington Times -- "Mr. Sylla and Mr. Cowen have put together a fascinating examination of Hamiltonian economics. While his financial vision would be imperfect to some, his desire to 'have more banks, securities markets, and corporations' in post-Colonial America would be favored by all."

Excerpt from the Financial Times -- "Mr Eggers recommends Oryx & Crake, a lesser known work by Margaret Atwood, whose novel The Handmaid’s Tale has been adapted for television. 'It is wonderfully written, with compelling characters and story,' he says. 'But it also raises dozens of corporate ethical issues around control, innovation and corporate culture.'"

Excerpt from Los Angeles Times -- "A bankruptcy specialist is skeptical as well. Edward Altman, professor emeritus at New York University’s Stern School of Business, said, 'This is a pretty serious thing they’re doing. It’s definitely a signal, a very bad signal, as to their financial condition. It seems like a desperation play.'"

Excerpt from Clear Admit -- "NYU Stern School of Business last week shared a preliminary profile of its incoming class of full-time, two-year MBA students, the Class of 2020. Even amid some declines, the school showed gains in the diversity of its class and added a few points to the average GMAT score for incoming students."

Excerpt from Pensions & Investments -- "David Yermack, professor at the New York University Stern School of Business, said whether an ICO qualifies as a security has a lot to do with the motivation of the purchaser. Many ICOs are 'utility tokens' that are meant to provide access to a particular online platform or service, he said."

Excerpt from BBN Times -- “To avoid further increases in the income and wealth inequality that stem from the sustained concentration of capital over the past 50 years, we must aim for a future of crowd-based capitalism in which most of the workforce shifts from a full-time job as a talent or labor provider to running a business of one—in effect a microentrepreneur who owns a tiny slice of society’s capital."

Excerpt from Bloomberg -- "A report issued on July 23 has a series of sensible recommendations for internet platform companies and governments around the world with defenses that would meddle with the Russian meddlers without impinging on civil liberties."

Excerpt from U.S. News & World Report -- "Gallogly says that Stern's 'Pick Six' essay, which asks MBA applicants to select six images that represent their identity and briefly describe what each image symbolizes, allows applicants to highlight the reasons why they would be a valuable addition to an MBA cohort. ... Hooker, who enjoys skiing and mountain biking, says the reason he included this photograph and caption in his MBA application is because he wanted the admissions committee to know about his appreciation of nature. The photograph shows Hooker exploring an ice cave in Oregon."

Excerpt from Innovation & Technology -- "If you were to study both Dean Kamen and Steve Jobs, you would say, 'These are both pretty weird guys.' They’re also people who very strongly decided, 'The rules all the rest of you are playing by don’t apply to me.'"

Excerpt from Medium -- "I see mentorship as a key ingredient to professional and personal development. I would have benefited from exposure to near-peer females who were working in technology. Also, I needed a coach to help me through the everyday challenges of working in a majority-male environment. Having a mentor early on could have helped me build stronger leadership amongst my male peers, and select professional development opportunities to facilitate my professional growth."

This course is a good fit for managers and senior executives who are responsible for choosing innovation projects and/or managing the innovation process within their organization.

Excerpt from The Huffington Post -- "Sharing IRCTC data as part of a disinvestment deal, he said, would mean that data given to the railways as a custodian would be passed on to unknown third parties. 'Companies should monetise data,' Dhar said. 'You should expect something very different from the government.'"