Experience Stern | News & Events

Excerpt from NPR -- "'Twenty years from now, I don't think a typical college graduate is going to expect that full-time employment is their path to building a career,' Sundararajan says. He says that will ultimately lead to many other changes, from education to social structures and public services."

Excerpt from the Financial Times -- "NYU Stern, [Yermack] says, was in the right place to develop expertise — close to a culture of fintech entrepreneurship around Union Square and, what he calls, the 'legacy banks' of Wall Street that were looking for qualified staff for their new blockchain applications. His course was a gamble: three years ago it started with 30 students; this year 100 are enrolled. Next year, between 200 and 300 will take it."

Excerpt from Forbes -- "Among the most difficult, strategic and important tasks for marketers is deciding the optimal number of target personas and the criteria for defining them because it majorly affects brand positioning, and budget and talent resource allocations."
 

Excerpt from The Washington Post -- "'States can really do nothing to change the fact that federal employees aren’t receiving paychecks, and that will certainly be the biggest impact on the economy,' said Constantine Yannelis, a finance professor at New York University."

Excerpt from NJ Today -- "The report, SEC Enforcement Activity: Public Companies and Subsidiaries, Fiscal Year 2017 Update, analyzes data from the Securities Enforcement Empirical Database (SEED)."

Excerpt from the Economic Times -- "'It will be important for Indian ecommerce retailers to implement a mobile shopping experience which uses local payment methods, local shipping and returns, and a localised checkout which calculates duties and taxes,' says Anindya Ghose, a professor at New York University's Stern School of Business."

Excerpt from CNNMoney -- "'If you are in a larger house and ready to downsize or move, this will be a pure gain for you,' said Stijn Van Nieuwerburgh, professor of finance and director of the Center for Real Estate Finance Research at New York University Stern School of Business."

Excerpt from Mic -- "'The example … is that The Simpsons had something that looked much like an Apple Watch,' Gary Simon, a retired professor of statistics at New York University Stern School of Business, said in a Skype call. 'Well, you know, a communications device on the wrist goes back to Dick Tracy, and the features on the Apple Watch are not going to match exactly the features that The Simpsons would have had on the watch. You have to decide whether that’s an effective prediction or not,' Simon said."

Excerpt from Bloomberg -- “One of the most obvious events would be an indictment of the president. I’ve asked my friends, though, and they don’t seem to think it’ll be a very volatile moment. Maybe that’s consistent with the idea that volatility, or lack thereof, comes from Washington. I think more about geopolitical events: deterioration of conditions in the Middle East or North Korea. What really scares me the most is a cyberthreat. That countries could get into our computer system. That could produce a lot of volatility and damage our system.”
 

Excerpt from the Financial Times -- "Two economists, Germán Gutiérrez and Thomas Philippon, have argued that corporate America is underinvesting. One reason is that companies are impatiently funnelling cash to investors and executives rather than take a long-term view."

A team of NYU Stern MBA students won the eighth annual MBA National Case Competition sponsored by Deloitte. The team, including Eric Gioseffi (MBA ‘19), Denitsa Kosharova (MBA ‘19), Utkarsh Satyawadi (MBA ‘19) and Kelly Williams (MBA ‘19), earned a combined scholarship of $20,000 for their presentation, which took the top honors, marking Stern’s first win in the competition.

Excerpt from Poets & Quants -- "Each year, we scour the internet and reach out to the world’s most elite business schools to find startups launched in the past five years with at least one founder who graduated with an MBA in the same time period. We then rank them on one standard: how much funding each new venture has raised."

Excerpt from Reuters -- "'Poor planning regulations are responsible for unaffordable housing in many prosperous cities,' Bertaud told the Thomson Reuters Foundation."

Excerpt from Bloomberg -- "'Similar to the candy and magazine racks, which are the most valuable space in the store, Amazon is the most valuable space on the web because you are at the very bottom of the funnel,' says Scott Galloway, a marketing professor at New York University’s Stern School of Business and author of The Four: The Hidden DNA of Amazon, Apple, Facebook and Google."

Excerpt from Finextra -- "Jamie Tobias, assistant dean, NYU Stern, adds: 'NYU Stern students are really responding to the opportunity to work on these types of real-world innovation projects, and doing so at a global bank will not only help them hone their skills in strategy and technical product development, but also expand their awareness of future career opportunities at Citi and beyond.'"

Excerpt from TopMBA -- "'Given the importance among MBA students to seek a return on investment for their degrees, Stern has been proud to offer a diverse set of funding options for well over a decade and has expanded our funding options over time,' says Paula Steisel Goldfarb, associate dean of MBA Admissions, Financial Aid, and Academic Affairs at Stern."

Excerpt from CNBC -- "I think it's a huge win for Uber as a company, it's a really big win for their CEO and it puts the company on much more stable ground, puts to rest the boardroom battle that dominated the news in 2017...overall I think its a huge win for Uber. It's also a big win for Softbank because they are consolidating their position as the investor to go to globally for on demand mobility. They have majority or significant stakes in all the large ride sharing platforms in the world now."

Excerpt from The New York Times -- "[Gary Cohn] delivered the tax legislation,' [Smith] said. 'Whether you agree with it or not, he executed. That’s his skill. And he stood up to the president after Charlottesville. People respect that. I think he could leave now with his reputation intact.' Alone among the prominent Goldman alumni in the administration, Mr. Mnuchin seems likely to stay. 'He’s been a good and loyal employee,' Professor Smith said. 'But he’s more of a Hollywood person now. His reputation in the professional financial sector may not matter that much to him.'"

Excerpt from Insurance News Net -- "Pricing and hedging challenges attached to variable annuities (VA) with living benefits raises questions about their suitability for consumers in search of retirement income, according to a new study by a pair of economists. When insurers that sold VAs with living benefits saw the valuation of existing liabilities rise, they raised costs and trimmed benefits, the study found. Those liabilities rose with the falling stock market and lower interest rates after the financial crisis."

Excerpt from Poets & Quants -- "One of the school’s most unique features is its global immersion program. A semester-long required course, juniors complete field studies overseas to gain a deeper understanding of globalization and differing business cultures and economic systems. In a world gone global, Stern’s International Studies Program offers graduates a decided edge in the marketplace. The same is true of global exchange programs, where an impressive 56% of graduates spend a semester studying abroad."

Excerpt from Clear Admit -- "Vikram Gulati, now in his first year at NYU Stern School of Business, also advised getting an earlier start. ... 'I highly recommend making the effort to visit business schools you’re interested in before submitting your applications, permitting you have the vacation time and resources to do so.' - Calan Underwood ... 'If you have something in your life that helps you relax or puts your mind at ease, do it,' he said. 'For me it was exercising, and I should have done more of it. I stressed myself out a few times throughout the process. It’s a lot of work, but looking back, I had the time to take a couple of breaks here and there.' - Hamilton Jordan"

Excerpt from the Harvard Law blog -- "CVC investments are now at the highest levels since the dot com era. The motivating research questions we are interested in examining in this setting are: 1) how transparent are firms about their CVC investments, and 2) is CVC investing a productive use of a firm’s capital resources?"

Excerpt from the Washington Examiner -- "By processing payments through a blockchain, the Fed could cut out the middleman of banks. Everyone could have a deposit account directly with the Fed via the blockchain, allowing for faster payments and far greater control of prices by the central bank. 'If that occurs, the fractional reserve banking system may become a thing of the past,' Yermack said."

Excerpt from The Wall Street Journal -- "'GE is a relic of a bygone era,' said Robert Salomon, a management professor at New York University’s Stern School of Business. Mr. Salomon said former GE CEO Jack Welch’s status as 'darling of Wall Street' in the 1990s allowed his pursuit of diversification to work when the same approach failed for many other managers and conglomerates."

Excerpt from Luxury Daily -- "'Considering that younger consumers have shown interest in citizenship and political engagement while many more issues that warrant debate have come to light, it seems that many more brands will openly embrace politics and confidently express their political views,' she said. 'In the end, this is preferable to making mistakes, which is what happens when brands avoid to clearly articulate what they stand for.'"