Experience Stern | News & Events

Last fall, NYU Stern School of Business announced the establishment of the first Creative Destruction Lab in the United States—CDL-NYC—to support the commercialization of early-stage science and deep technology startups. CDL-NYC received a landslide of applications for its inaugural 2018-19 cohort from founders associated with some of the top research institutes and academic institutions worldwide. CDL-NYC accepted 27 ventures with an admission rate of less than nine percent, becoming the most selective program in the CDL network.

Excerpt from Adweek -- "'Today, the quickest way to establish your brand is often by sharing content, by producing stand-alone content in the form of blog posts and images that are curated to showcase your brand, so it appeals to the consumers you’re targeting,' Alter said. A successful brand magazine, he said, could bring in advertising dollars and attract new subscribers to mailing lists. Once a company has that email, it could be used for promotional purposes and notifications about new product launches."

Excerpt from Coinspeaker -- "'I came across Arun Sundararajan’s brilliant book called 'The Sharing Economy' discussing the end of traditional employment and the rise of crowd-based capitalism. It introduced how blockchain can open up new possibilities for reshaping the way we think about transparency, security, and ownership.'"
 

Excerpt from Metro MBA -- "Stern’s banking curriculum spans topics such as bankruptcy management, microfinance, governmental policy and global banking, and more. A Stern MBA can offer a competitive edge in M&A, public finance, sales and trading, asset management and equity/fixed income research."

Excerpt from CoinDesk -- "New York University was one of the first schools to offer a blockchain related course. Since 2014, professors David Yermack and Geoffrey Miller have offered the 'Digital Currency, Blockchains and the Future of Financial Services' course, which focuses on 'the emerging role of digital currencies and blockchains in money, banking, and the real economy.' The Stern Business School’s 'Applications in Entrepreneurial Finance: Fintech', taught by Sabrina T. Howell, sheds light on the the financing dynamic of new blockchain ventures."

Excerpt from GuruFocus -- "Damodaran wrote that too many investors think valuing an asset is too complex and complicated to master; as a result, they leave valuation to others, or simply ignore it. Yet, he argues, 'I believe that valuation, at its core, is simple, and anyone who is willing to spend time collecting and analyzing information can do it.'"
 

Excerpt from Vox -- "'My first thought was, "Seriously? In this day and age? A person cannot say vagina without it being a bad word?" I thought we’d gotten over that with the Vagina Monologues, but we clearly haven’t,' Priya Raghubir, a professor of marketing at the NYU Stern School of Business, says of the Momwasher controversy."

Excerpt from Fast Company -- "Wiesenfeld, who studies how people adapt to challenges in organizational life, explains that recognizing your true overarching goal gives your actions meaning, and 'people who are thinking in terms of meaning are more cognitively flexible and adapt better.'"

Excerpt from Kathimerini -- (Translated from Greek using Google Translate) "Forty-five Greek scientists born from 1974 onwards have published papers with an influence on the top 0.1% of world science. Can we learn something if we look at where they are, where they are trained, what they are doing? Thirty-seven were born and/or grew up in Greece. Six have become members of the faculty here.... Out of the 40 who are abroad, 19 are in the US, seven in Great Britain. Most executives are top universities or research institutes."

Excerpt from Sustainable Brands -- "As Engle pointed out, 'People living by the sea are worried about sea level rise, but the rest of us aren’t; people in California worried about wildfires, but the rest of us aren’t. What does it take to get everyone on the same page?'"

Excerpt from Forbes -- "'On Uber and Lyft, it is widely known that anything less than 5 stars is considered "bad" feedback,' declared an academic paper released earlier this year by New York University's Stern School of Business. '…Nearly 90% of UberX Chicago trips in early 2017 had a perfect 5-star rating.'"

On September 29, the NYU Stern PhD program welcomed back alumni to campus to celebrate its history, scholarship and future.

Excerpt from Recode -- "'Snap needs something,' he said. 'I believe this company is going out of business ... Snap will not be an independent company by the end of 2019.'"

Excerpt from Fox Business -- "'I do expect a sharp economic slowdown and the likelihood of a recession by 2020,' said Roubini during an interview with FOX Business’ Maria Bartiromo. Because of an impending decrease in fiscal stimulus, this financial drag will get 'bigger and bigger' by 2025, he warned."

Excerpt from Bloomberg Businessweek -- "Says Pugel: 'If U.S. buyers are desperate to get a Chinese product, the price in the U.S. is going to go up.'"

Excerpt from Quartz India -- "'(It) has to go up against Jin Jiang, the world’s fifth largest hospitality company,' said Anindya Ghose, the Heinz Riehl professor of business at New York University’s Stern school of business. 'There is also Airbnb and their big rival, Tujia.'"

Excerpt from SAPO Cabo Verde -- "For [Cabral], it is important that governments, businesses and the general population are prepared for the ongoing digital revolution, which, he said, will have a 'far greater' impact than computers and the Internet, but also in artificial intelligence. 'It is fundamental to invest in the infrastructure...' he added, adding the importance of investing in education so that people are prepared for the new phenomena and technologies."

The NYU Stern Department of Information, Operations and Management Sciences will host a seminar by Professor John (Iannis) Mourmouras, Deputy Governor of the Bank of Greece, on September 28, 2018

Excerpt from Knowledge@Wharton -- "I call it the smart, semi-bold person’s guide for diversity and inclusion. It’s an approach to thinking about diversity and inclusion that really begins with thinking about yourself and the ways in which you may inadvertently be holding some unconscious biases or benefiting from systemic bias."

Excerpt from ThinkAdvisor -- "'The Bitcoin Boom: Asset, Currency, Commodity or Collectible?' by Aswath Damodaran, finance professor, NYU Stern School of Business: 'Bitcoin is not an asset class. You don’t invest in Bitcoin; you trade it. Bitcoin is a young currency.'"

Excerpt from ThinkAdvisor -- "'The Bitcoin Boom: Asset, Currency, Commodity or Collectible' by Aswath Damodaran, finance professor, NYU Stern School of Business: 'Bitcoin is not an asset class. You don’t invest in Bitcoin; you trade it. Bitcoin is a young currency.'"

Excerpt from The Economist -- "Three basic misconceptions underpin this hypochondriacal outlook, Mr Haidt and Mr Lukianoff write. First, that a person’s feelings, such as over whether a remark is racist, are always right. Second, that humankind can be split into good and bad people, whereas, as Solzhenitsyn put it, 'the line dividing good and evil cuts through the heart of every human being'. Finally, that risk is best avoided, or 'What doesn’t kill you makes you weaker'."

Excerpt from Yahoo -- (Translated from Italian using Google Translate) "Professor Lev, before receiving the Ethics Award from the hands of Massimo Pomilio, managing director of Pomilio Blumm, said: 'Intangible assets are not just patents and licenses, but also innovations in the organizational model, like WalMart, which sends updates on the supply of a given asset directly to the supplier.'"

NYU Stern, UNA-USA and Business Council for the UN convened a solutions-focused lunch focusing on the implementation of SDG 17, “Partnerships for the Goals” on Thursday, September 27, 2018.

This program provides the foundation for managers to think strategically about creating and capturing value within their organization.