Experience Stern | News & Events

Excerpt from Bloomberg -- "The risk is really interesting because the banks in China are owned by the government. They're state-owned enterprises. Much of the loans are to state-owned enterprises or to municipal governments. And so, in many ways, all this risk is essentially guaranteed by the government. So you might think there's no risk at all. But really, it's the government that bears that risk, and the government bears risks of trillions of dollars of loans. And unless there is better risk management by the banks and by other institutions, this risk is going to surface and be another negative factor in the Chinese growth puzzle."

Excerpt from PolitiFact -- "'It is true that Trump's businesses have received a lot of attention, but without the release of Trump's tax returns, we don't know a lot about his personal financial situation,' said Lawrence White, an economist at New York University’s Stern School of Business."

Excerpt from Marketplace -- "The release of a seemingly lackluster version could also end up benefitting Apple in at least one way, according to Anindya Ghose, a professor of information technology at NYU’s Stern School of Business. 'It’s a very smart experiment by Apple to test the true extent of their loyal base,' Ghose said. 'Sometimes, in the long scheme of things, these price experimentations are a great way for a company — even as brilliant as Apple — to be able to infer market appetite for future renditions of the same product.'"

Excerpt from CFO -- "'It’s a response to very detailed questions of companies about the classification of certain cash flows in the cash flow statement. The transactions are very specific and infrequent,' he added. In Lev’s view, FASB’s attempt to improve cash-flow accounting by adding rules rather than creating a system that rests on broad general principles 'increases GAAP complexity.'"

Excerpt from the Financial Times -- “‘If [blockchain] could be made to work there, it could be copied within a year or two all around the world,’ says David Yermack, professor of finance and business transformation at NYU’s Stern School of Business.”

The NYU Stern Center for Global Economy and Business will host the Economic Outlook Forum on September 7, 2016.

Excerpt from the National Post -- "'When I was doing research in 2013 and 2014, what I commonly heard is that there were estimates of about 2,000 unregistered factories in Bangladesh,' said Sarah Labowitz, co-author of the report, Beyond the Tip of the Iceberg: Bangladesh’s Forgotten Apparel Workers."

Excerpt from USA Today -- "An NYU Stern School of Business study found women in power are consistently seen as less trustworthy than men in the same positions and a 1995 Journal of Social Behavior and Personality study found women’s mistakes tend to be noticed more and remembered longer."

Excerpt from The New York Times -- "The psychologist Jonathan Haidt and others have shown that our moral stances strongly correlate with the degree of activation of those brain areas that generate a sense of disgust and revulsion. According to Haidt, reason provides an after-the-fact explanation for moral decisions that are preceded by inherently reflexive positive or negative feelings. Think about your stance on pedophilia or denying a kidney transplant to a serial killer. Long before you have a moral position in place, each scenario will have already generated some degree of disgust or empathy."

Excerpt from Financial Times -- "Boosting returns needed 'out-of-the-box thinking' and perhaps external pressure from activist shareholders, [Smith] said, to force deeper restructuring. 'Lots of stuff has to happen. These companies are essentially adrift at the moment.'"

Excerpt from The New York Times -- "Some argue that money in politics doesn’t matter. That’s true in the sense that when both sides spend equally, their efforts tend to be mutually offsetting. But that’s why the current opportunity is unique. Democratic donors, who have already been giving generously, have both the means and the inclination to pay for an advertising blitz that Republicans probably cannot match this time around."

Excerpt from Accepted.com -- "I’ve lived in New York for about five years now and knew that I wanted to pursue my MBA here. There is no place in the country that offers a better business education than New York City—this is the heart of commerce, banking and innovation. At Stern, we’ve got the Fed, Madison Avenue, Wall Street and Silicon Alley all within walking distance of campus."

Excerpt from Universities.com -- "[Our] location within New York City and our Global Network are truly the two factors that differentiate our program from that of other schools. New York City [is] a hub for marketing and advertising, and as such there is ample opportunity for students to find internships or careers."

Excerpt from AIB Insights -- "...the law of semiglobalization seems essential to the possibility of Brexit being consequential. If globalization were so weak that cross-border interactions didn’t matter much, neither would Brexit nor any other international realignment. And if globalization were so strong that the world was close to completely integrated, the adverse consequences of leaving the EU (and snapping back to WTO arrangements as a worst case scenario) would be limited as well."

Excerpt from ExecRank -- "During my career I’ve advised and reviewed more than 800 potential M&A deals and the high failure rate doesn’t surprise me. At best, one acquirer in five has a clear rationale for a transaction or truly understands that deal’s impact on their company's long-term financial future. Too often, there’s a misguided sense about why the buyer should be making acquisitions at all, and there’s far too little time spent defining how the acquisition enables them to beat competitors and increase enterprise value."

Excerpt from Risk Management Magazine -- "'Currently, there is no framework out there that helps an enterprise come up with a robotics automation strategy,' [Dhar] said. 'Most efforts are pretty ad hoc. They may focus on the wrong problem or have wrong expectations.'"

Excerpt from Poets & Quants -- "...NYU’s Stern School of Business has taken a massive step past the others by creating an eight-course fintech specialization kicking off this fall."

Excerpt from BusinessBecause -- "Google, whose parent company Alphabet makes bearish bets on everything from driverless cars to medical technology, has become the poster child for the tech groups luring America’s top students away from more traditional fields. Roxanne Hori, associate dean of corporate relations and career services at NYU Stern, says that financial services companies are competing for talent with Google, LinkedIn, Amazon, Microsoft and others."

Excerpt from The Washington Post -- "While noodling through the case of the missing conservative critics, I sometimes think of sociologist Jonathan Haidt and his efforts to root out — or, at least, create awareness of — liberal bias in the social sciences. The left-right imbalance in the academy is nothing short of eye-popping."

Excerpt from Bloomberg -- "'There are people who just don’t want to hear about the possibility that they didn’t do it all themselves,' Frank says. Mild-mannered and self-effacing, he isn’t about to tell the rich 'you didn’t build that,' as Obama did (and likely regretted). Frank’s new book, Success and Luck: Good Fortune and the Myth of Meritocracy, is a study in diplomacy. Combining memoir with academic research, it’s an earnest argument that all of us—even the rich—would be better off recognizing how luck can lead to success."

Excerpt from TIME -- "I called Arun Sundararajan, an NYU business-school professor and the author of new book The Sharing Economy. 'A near perfect rating means you were consistently pleasant, civil, conversational, polite to the wide range of individuals who gave you your Uber rides,' he said, 'even when you were busy, distracted, late or stressed.'"
 

Excerpt from Institutional Investor -- "Romer is nt of the more original and wide-ranging thinkers in economics today. He came to prominence in the 1980s as a proponent of so-called Endogenous Growth Theory, which holds that economic progress depends not just on capital and labor but on the ideas and knowledge that drive technological change."
 

Excerpt from FindMBA -- "As part of the new 'NYU Stern Ventures Fellow Program,' fellows will receive a $10,000 stipend, workspace, and will be able to participate in a summer program, which includes an immersion week in Silicon Valley. After the summer is over, fellows will also continue to receive mentorship and other support throughout their second year of the MBA program, and will be able to receive course credit for independent study where they can focus on their startups."

NYU Stern welcomes new faculty for the 2016-2017 academic year.

Excerpt from Clear Admit -- "'For this admissions season, at Stern we are starting with the LOR open-ended questions,' Goggin says. 'We feel this is the part of the recommendation that takes the most time to prepare and by using common questions, we can dramatically lessen the burden on those writing recommendations for one applicant at multiple schools.'"