Faculty News

Professor Nicholas Economides shares insights on the security risks associated with 5G wireless technology

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Excerpt from CQ Researcher -- "'The United States has a reasonable concern that itself and its allies do not use equipment that spies on them,' says Nicholas Economides, an economics professor at New York University who has worked on 5G issues under a National Science Foundation grant."
Faculty News

Professor Michelle Greenwald is interviewed about Ogilvy's work with the US government and the impact on the firm's reputation

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Excerpt from Financial Times -- "'Younger people care more about values than ever before,' said Ms Greenwald. '[Tech companies] have all kinds of amenities, free food and gym memberships,' she said. 'But another criteria is: what do they stand for?'"
Faculty News

Professor Aswath Damodaran's presentation on valuation at an RBSA Advisors event in Mumbai is featured

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Excerpt from Bloomberg Quint -- "[Damodaran] touched upon the practice of valuing an asset first and then working backwards to arrive at the necessary calculations, stressing all along that a combination of numbers and narrative make for a perfect combination to find the right valuation."
Faculty News

Professor Jeffrey Carr is interviewed for a trend story about brands creating experiences to attract millennial customers

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Excerpt from Inc. -- "'The Wienermobile is just such an iconic thing. Everyone knows about it, even if you've never seen one on the street,' says Carr. But really, he adds: 'It comes down to the uniqueness of the experience that the brand can offer.'"
Faculty News

In a radio interview, Professor Adam Alter shares his views on a proposed ban on addictive tech features

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Excerpt from Marketplace -- "I don’t think it’s wrong to say that we all have some role to play as individual consumers. But there is really an army of people who are doing everything they can with considerable resources, with access to huge amounts of data, to ensure that we spend every spare minute on our phones. It’s not really a fair fight."
School News

Stern is highlighted for having the largest increase in MBA internship pay among top b-schools; Assistant Dean of Career Services Beth Briggs attributes the School's strong relationships, New York City location and growth in the tech sector to successful

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Excerpt from Poets & Quants -- At NYU Stern, location plays a big part in the recent uptick in salaries — and the overall success of MBA interns. 'We are very proud of our summer internship outcomes,' Beth Briggs says. 'For the Class of 2019, 100% of students seeking internships secured them. Given our NYC location and deep connections to a diverse set of industries, students benefit from multiple high-touch engagements with our alumni that result in strong internship outcomes.'"
School News

Stern's two-year full-time MBA class of 2021 is featured for its high academic quality, increase in female students and diverse academic and industry backgrounds

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Excerpt from Clear Admit -- "The NYU MBA Class of 2021 is expected to arrive on campus with more women than last year—female enrollment rose from 35 percent to 36 percent. ... 7 percent of students are still U.S. Military veterans or on active duty, which is owed in part to the Fertitta Veterans Program."
Faculty News

In a live interview, Professor Nicholas Economides shares his views on the Federal Reserve's interest rate cut

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Excerpt from CGTN -- "A rate cut is always good news for the financial markets, but I think that the financial markets overreacted today. I expect that the Fed will proceed with one or two cuts in the fall, so it won't be contrary to most of the desires of the financial markets."
Faculty News

Professor Jamyn Edis is quoted in an article on competition in the video-on-demand market

Excerpt from Bloomberg Businessweek -- "Next year 'is shaping up to be The Hunger Games for the streaming services,' says Jamyn Edis, an adjunct associate professor at the New York University Stern School of Business."
Faculty News

Professor Thomaï Serdari is quoted in a story on Nordstrom's innovation challenges

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Excerpt from Retail Dive -- "Retail innovation will result from strategic thinking that is risk taking and laser focused. A private company (think of retail space STORY) or a majority privately held business can create the long-term horizon necessary to tackle the challenge."
Press Releases

NYU Stern Experts Available to Comment on “Back to School” Shopping, Retail & Consumer Trends

Desk with apple, books, colored pencils and blocks
NYU Stern faculty are available to offer perspectives on this year’s back-to-school shopping, retail and consumer trends. The following professors can speak to what we will see this year around promotional and marketing trends, winners and losers in retail, shifts in consumer sentiment, and tech and AI-powered innovation.
Faculty News

Professor Haran Segram explains the impact of less available sell-side stock data

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Excerpt from Reuters -- "'It's bad news from the investor's perspective because no price discovery is happening. It's bad news from the company's perspective because if they're trying to do funding investors will be looking for independent research. If they don't find it they'd be reluctant to fund the company,' said Segram."
School News

Stern's two-year full-time MBA class of 2021 is spotlighted for its high academic quality and increase in female and military veteran students

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Excerpt from Poets & Quants -- "New York University’s Stern School of Business is reporting a five-point rise in the average GMAT score for this year’s entering class of full-time MBA students. The school says that the average GMAT reached 721, up from 716 a year earlier, with a low score of 600 and a high of 780."
Faculty News

Professor Lawrence White offers insights on new data that shows the average work week is shrinking

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Excerpt from amNewYork-- "'The composition is changing and changing toward occupations that have shorter hours. That is a big driver of this overall average effect,' White said."
Faculty News

Professor Michael North's work on inter-generational workplaces is cited

Excerpt from Mother Jones -- "Michael North, assistant professor of management and organizations at New York University, has researched intergenerational tensions for more than a decade. North’s research shows that older people often face pressure to adhere to the idea of succession, which 'prescribes for older generations that they have had their turn at prime influence or prime power and it is for the older generation to step aside and make way for younger generations.'"
Faculty News

Professor Anat Lechner discusses the consequences of high rates of turnover in an organization

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Excerpt from Business Insider -- "'Good talent take their ideas and capabilities with them,' Lechner said. 'And their work, loaded on others, is never well-performed.'"
Faculty News

In an op-ed, Professor Amy Webb shares insights from her work as a futurist advising firms on strategic planning

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Excerpt from the Harvard Business Review -- "Deep uncertainty merits deep questions, and the answers aren’t necessarily tied to a fixed date in the future. Where do you want to have impact? What it will take to achieve success? How will the organization evolve to meet challenges on the horizon? These are the kinds of deep, foundational questions that are best addressed with long-term planning."
Faculty News

Professor Paul Hardart discusses how companies use surprise drops as a marketing tactic

Excerpt from Adweek -- "'In pretty much every sector of the media landscape, from films to plays to music, we are seeing franchises and/or known artists with built-in awarenesses drawing the largest audiences,' said Paul Hardart, clinical professor of marketing at NYU Stern School of Business. 'People are busy, and getting their attention is hard. [Surprise] drops are a potential way to get consumer attention.'"
Faculty News

Professor Richard Levich is quoted in a story on tech companies' desire for the Federal Reserve to create a real-time payments system

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Excerpt from Reuters -- "'What we need is an improvement in the payments and exchange system and not necessarily a new currency,' Richard Levich, professor of finance and international business at NYU’s Stern School of Business, told Regulatory Intelligence."
Faculty News

Professor Lawrence White explains the historical context behind the use of the word "unskilled" in connection with low-wage jobs

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Excerpt from Business Insider -- "Since there are more people who could wait tables than who could be doctors, waitressing jobs pay less, White said. Yet use of the term in economics is not meant to qualify low-paying or high-paying jobs as being hard or easy."
Faculty News

Professor Adam Alter's book, "Irresistible," is cited in an article on Instagram's move to hide likes

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Excerpt from PR Week -- "Adam Alter, author of Irresistible: The Rise of Addictive Technology and the Business of Keeping Us Hooked, says our brain responds to receiving social media likes the same way it responds to drugs - and that not knowing how many likes you’ll get makes it highly addictive."
Faculty News

Scholar-in-Residence Gary Friedland comments on recently finalized legislation in connection with the EB-5 immigrant investor program, based on his joint research with Professor Jeanne Calderon

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Excerpt from The Wall Street Journal -- "Gary Friedland, a scholar-in-residence at New York University Stern School of Business who has studied the EB-5 program, said he was surprised that an administration with ties to the real-estate industry is changing the program. 'Since Trump took office, we’ve been predicting that the regulations would be buried in regulatory purgatory, never completed,' he said."
Faculty News

In an interview, Professor Jonathan Haidt shares his views on free speech and intellectual debates

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Excerpt from ABC News Australia -- "What I've learned in writing 'The Coddling of the American Mind' is that we have two mega-trends coming that are going to make things so much worse than they've been. And so one is social media, which is already here. Social media shreds any sense that we live in a shared world. It's very difficult to agree on facts, and that's likely to get worse and worse. The other mega-trend is the arrival of Gen Z."
Faculty News

Professor Henry Assael is quoted in an article on the decline of company attack ads

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Excerpt from The New York Times -- "Across all industries, attack ads appear to be softening, according to Henry Assael, a marketing professor at New York University. 'Generally,' he said, 'the American consumer doesn’t like to see a fight going on — they would prefer to see just a straight story than one company attacking another.'"
Faculty News

In an op-ed, Professor Ronni Burns shares insights from her volunteer work preparing former inmates for job interviews

Excerpt from the New York Daily News -- "The Fortune Society, one of the most respected criminal justice reentry and advocacy organizations in the country, is an amazing place. They truly know how to provide the services and support to give thousands what they so desperately need – a second chance, a shot at redemption, an opportunity to lead the lives they might have had. They see people for who they are, not their convictions. Many of the staff themselves were formerly incarcerated. Their mantra? 'Don’t define me by the worst thing I ever did.'"