Experience Stern | News & Events

On Friday, October 28, the Stern Healthcare Association (SHA) will host its annual conference, themed "The Changing Face of Healthcare."

NYU Stern’s MS in Business Analytics program hosted an Executive Education Day at NYU Shanghai, integrating local and regional expertise into students’ academic development.

Excerpt from Bloomberg -- "'You can’t on the one hand have lower prices and on the other hand have rising standards,' says Sarah Labowitz, a co-director of New York University’s Stern Center for Business and Human Rights."

Excerpt from The San Francisco Chronicle -- "'It does have a very powerful niche, and it’s a distinct player in that niche,' said Anindya Ghose, a professor of information technology and marketing at New York University’s Stern School of Business. 'Live (video) is a potential game changer that actually put Twitter ahead of the curve. ... TV is finally everywhere, and this plays into that larger ecosystem and gives them some good numbers to bank on.'"

Excerpt from The Wall Street Journal -- "'If Vine was housed inside a company that was growing at 30% a year…it would have survived,' said Scott Galloway, founder of consumer-brand research firm L2 Inc. and a marketing professor at New York University. For Twitter, 'not growing its user base, a part-time CEO and disgruntled investors—all of that adds up to forced focus.'"

Excerpt from the Business Standard -- "'Our findings show that schools contribute to the formation of children's values,' said Yair Berson from New York University and Shaul Oreg from Cornell University in the US."

Excerpt from Bloomberg -- "The IDG isn’t a traditional union. Drivers didn’t vote for it. It has no formal collective-bargaining rights. And its very existence helps the company resist formal unionization, says Arun Sundararajan, a business professor at New York University who researches the economics of the tech industry. 'This is just them planting something in the ground that might deter more contentious forms of labor organizing,' he says."

Excerpt from Marketplace -- "We're mixing up what is a serious issue which is a lack of affordable housing in New York with Airbnb hosting where there's really no evidence that Airbnb hosting has any impact that is measurable on the supply of short-term rentals."

This course is suitable for leaders of organizations and business professionals who wish to enhance their strategic thinking abilities and gain competitive advantage in dynamic environments.

This fall, NYU Stern’s Center for Global Economy and Business hosted a conversation and interactive training session with David Wessel, director of the Hutchins Center on Fiscal and Monetary Policy at Brookings and one of The Fiscal Ship’s co-creators.

Excerpt from Bloomberg -- "The second most-cited study, 'Low-Latency Trading' by New York University’s Joel Hasbrouck and Gideon Saar of Cornell University, provides evidence calling into question one of the most persistent criticisms of HFTs: they use superior technology to race ahead of investor orders and profit at their expense. The paper, which analyzed orders and executions on the Nasdaq, suggests HFTs improve market quality. They helped narrow bid-ask spreads, a measure of liquidity, and reduced short-term swings, according to the study, which has been cited 328 times."

Excerpt from Bloomberg -- "This kind of piggy-backing is rarely found in other industries, said Melissa Schilling, a professor of management at New York University’s business school. 'Uber spends all the money recruiting the drivers and educating the market, and as a result, later movers can come in at lower cost,' she said. 'Furthermore, you can successfully enter as a small player because the drivers are having their employment needs topped off by Uber.'"

Excerpt from Bloomberg -- "The bottom line is there's lots of downside risk and it's very hard to see, at least in the developed countries, a likely scenario that puts us on a different track."

Excerpt from Entrepreneur -- "'What successful companies—for example, Amazon—do is to constantly search for something better for customers,' says Jeffrey A. Carr, a professor of marketing and entrepreneurship at New York University’s Stern School of Business."

Excerpt from the Financial Times -- "'It used to be humans writing the caption for an image,' says Mr Ipeirotis. 'Now computers are writing the caption and humans are checking the caption.'"

Excerpt from MEL -- "...Raghubir doesn’t think checks will ever go entirely extinct. While it’s technically feasible to make all payments electronically and in cash, she says, some people will cling to checks out of pure habit, tradition or ease. Besides, she adds, 'I could not personally imagine going and giving a wedding gift to a friend of mine through a Venmo transfer. I would also feel embarrassed putting cash into an envelope. To me it would be odd.'"

Excerpt from Bloomberg -- "'This will rattle around for a while, the fact that Perella Weinberg gets to be in a highly visible place, riding this elephant into town,' said Roy Smith, a finance professor at New York University’s Stern School of Business. 'At least until the next big deal.'"

Excerpt from the Associated Press -- "'In the short run, business gets damaged, but in the long run there's a lot of opportunity with less aspirational brands that target the middle- and lower-class,' NYU's Galloway said. 'I think the Trump brand effectively dies in a Manhattan, but it thrives in some of the lower income, very red regions.'"

NYU Stern hosted the first installment of the "In Conversation with Mervyn King" series featuring Rachel Maddow, host of the Emmy Award-winning "The Rachel Maddow Show" on MSNBC. Lord King, former Governor of the Bank of England, Baron King of Lothbury, Alan Greenspan Professor of Economics and Professor of Economics and Law at NYU, moderated the one-on-one interview, followed by an open Q&A session.

Professor Pankaj Ghemawat, Director of the Center for the Globalization of Education and Management, will discuss his new book, "The Laws of Globalization and Business Applications."

Excerpt from CMO -- "To withstand disruption, [Marciano] said that a company’s best bet is to “own” a particular market segment. In Wall Street parlance, that means having an economic moat—maintaining competitive advantages to protect long-term profitability and market share."

Excerpt from Bloomberg -- "This feels like a 'bet the ranch' strategy. If Yahoo doesn't work out, it's a rounding error for Verizon and people forget about it. AT&T really is: 'We're betting on content. We're going for something that's very aggressive that has a decent chance of regulator pushback.' This is a game-changing transaction."

Excerpt from Forbes India -- "Aswath Damodaran, professor of finance at Stern School of Business, New York University, sees companies as ‘stories’ and ‘numbers’. Story stocks normally have people at the centre. It is their passion that drives the decisions of the business. For example, Tesla Motors and Amazon became story stocks because these companies are totally entrenched in the personalities of Elon Musk and Jeff Bezos, their respective founders. But number stocks are not people-centric. There, the business environment and economics are at the centre."

Excerpt from MarketWatch -- "Millennials are a 'non linear' generation, says Galloway. 'They want what they want, when they want it. Especially media,' he says. 'They want to consume media on their own terms.' They hate the idea of letting networks or cable companies decide when a movie or sitcom is available. The investment play here? 'Netflix is the brand that embodies this trend,' says Galloway."

Excerpt from NBC News -- "'Any good candidate or nominee for the position, regardless of background, should have a really good understanding of these important functions and the self-confidence not to be bullied or pushed around by others with particular political agendas,' Sylla says."