Experience Stern | News & Events

Excerpt from Reuters -- "You can still make money in exhibition, and the way to do it is to enhance the experience. More luxurious seating and food and alcohol all enhance the experience and also attract a difference audience."

Excerpt from We See Genius -- "Marketed as the 'Swiss army knife of diagnostic tools,' the handheld device connects to a smartphone through Bluetooth technology. It takes temperatures, measures blood oxygen, pressure, and glucose levels, and even serves as an ECG. ... Elements Digital Health’s identification of a problem and creation of a product-market fit helped elevate them from the other teams — which numbered more than 50 — that competed in the social venture portion of the contest, Franklin says."

Excerpt from TopMBA -- "NYU Stern, which announced a new fintech specialization in late June, added it to the curriculum because of the rapid growth to this sector in recent years. 'There is great demand in finance organizations to hire students who have analytical skills based in the information technology area,' states Yermack."

Excerpt from Bloomberg -- "'There have been very few manipulation cases proved,' said Rosa M. Abrantes-Metz, a New York University professor and market-manipulation expert who has testified in enforcement cases, including the natural gas case against BP. 'The requirements are high, they’re difficult to establish.'"

Excerpt from the Financial Times -- "The report’s authors — ZEW’s Sascha Steffen, NYU Stern’s Viral Acharya and University of Lausanne’s Diane Pierre — argue that the tests dramatically underestimate the actual capital shortfall at the banks, which they say could be as high as €900bn based on a market measure of capital."

Excerpt from The Guardian -- "The significance of the Didi deal is as much about the endurance of the sharing economy as it is about Uber itself, according to Sundararajan. 'This is a moment that speaks to the immense market size of sharing-economy industries,' he says. 'We should be looking at this as the next generation of transportation. Uber isn’t going after the taxi industry; it’s going after the automotive industry. It wants to divert the trillions of dollars we spend on new and used cars.'"

Excerpt from The Boston Globe -- "According to business-school professors at New York University and Stanford University, self-reliance earns women respect — as it’s a positive trait typically associated with men — and without undermining women’s reputation for being team players, and without the fallout from being bossy. In an analysis of 360-degree employee feedback, self-reliance was associated with better leadership ratings for women, but not for men, even controlling for age, self-esteem, dominance, and feeling in control of one’s fate."

Excerpt from Fortune -- "Large companies often pay tens of millions of dollars simply to show the Olympic rings insignia on their particular products in the run-up to the games and after, says Alvin Lieberman, clinical professor of marketing entrepreneurship and innovation at New York University’s Stern School of Business. ... Crowdfunding can be a good alternative to running up expenses they can’t pay for. 'It is a very good place for athletes to go and for people to connect,' Lieberman says."

Excerpt from The Washington Post -- "...A 2013 experiment found that young people looked more favorably upon older adults who 'act their age' by listening to Frank Sinatra over the Black Eyed Peas, or by being more generous with their money. One of the researchers, Michael North, an assistant professor at New York University’s Stern School of Business, says younger people tend to resent it when older workers don’t 'get out of the way' and retire."

Excerpt from The Motley Fool -- "I think don’t make diversification the enemy of value investing. You could be a value investor and diversified at the same time, and we live in a world where you have to spread your bets."

Excerpt from Fast Company -- "'Her influence has been extremely large, but in many ways, she's likely a unique case, and I wouldn't expect anywhere near the same thing from any other person,' Yermack says. 'Michelle was popular with Democrats, Republicans, and at times, even more popular than her husband. She was often very much able to transcend the politics and connect with the greater public.'"

Excerpt from CNNMoney -- "Since taking on the role, [Henry] has gotten NYU to start offering 34 scholarships to low-income undergraduates at the business school that cover all tuition, room and board. 'As a dean, opening the door to business school to high-achieving lower-income kids -- to teach these kids how to fish -- is one of my top priorities,' he said."

Excerpt from Fortune -- "'The EU is making the same mistakes over and over and over again,' says Viral Acharya, a professor at NYU’s Stern School of Business. 'They’re not demanding that the banks be recapitalized as they should be, and allowing things to get worse by enabling lenders to keep zombie loans they should have dumped years ago.'"
 

Excerpt from the Associated Press -- "'They didn’t expect to win so no one has any idea what to do now,' said Pankaj Ghemawat, a professor at IESE Business School in Spain and NYU, of the campaign to leave the EU. 'The analogy that comes to mind is the dog chasing the car. Sometimes the dog catches the car, and then doesn’t know what to do with it.'"

Excerpt from Forbes -- "'Facebook is very worried about Snapchat,' said NYU marketing professor Scott Galloway. 'Facebook is used to owning social media, and not being the hottest girl on campus has them a little freaked out.'"

Excerpt from BBC News -- "It's quite possible that Uber has prioritized rapid growth over deepening its understanding of the culture and business practices of the countries that it enters. I certainly think that they prioritize getting a presence on the ground over a careful, measured entry strategy. But in the business that they're in, that might be necessary. Because in each city, the company that gains drivers and gains passengers early is likely to have an advantage in the long run because when you have more drivers, the passengers like your service. And the passengers like your service, you become more attractive to drivers."

Excerpt from MIT Sloan Management Review -- "In the discussion about why incumbent firms fail to adopt radical technologies — which has been an ongoing research topic and the subject of many popular and academic books — this has been a fundamental question: Are these firms unwilling to do it, or are they unable to do it? What we show in this paper is that they’re certainly able to do it, and they’re typically very successful when they do it, on average."

Excerpt from CNBC -- "I think ceding China to Didi, while it might seem like a loss for Uber in the short run, is a bigger win for Uber in many ways than it is for Didi because it takes a country that was a money pit for the company, and in some ways is the biggest threat to its existence, off the table, and allows it to focus on the rest of the world."

Excerpt from The Atlantic -- "'It's a truce, but it's also a victory for Didi and it's a smart victory for Uber,' said Arun Sundararajan, a professor at New York University’s Stern School of business and the author of the book The Sharing Economy: The End of Employment and the Rise of Crowd-Based Capitalism. 'The only real existential threat that Uber faces is the fact that they are trying to win China, and they're burning a lot of money trying to gain market share in China in the face of a much larger and well-funded domestic competitor.' Sundararajan says that the deal takes China off the table, and, with it, the worries of many potential Uber investors."

This program prepares executives with a general understanding of accounting and financial principles as they relate to organizations' operations and decision-making processes. It also prepares financial analysts and investors with a general understanding of the valuation content and limitations of financial statement information.

Excerpt from BusinessBecause -- "NYU’s Stern School of Business offers courses on basic data handling skills plus programming languages like Python, and an introduction to machine learning. ... 'Business schools are putting more artificial intelligence or data science content into their curricula,' says professor Vasant Dhar of NYU Stern and the Center for Data Science."

Excerpt from The Chronicle of Higher Education -- "Three higher-education administrators and four professors are among the 'great immigrants' recognized by the Carnegie Corporation of New York this year for their notable contributions to the progress of American society. The administrators are Ronald J. Daniels, president of the Johns Hopkins University, from Canada; Peter Blair Henry, dean of the Leonard N. Stern School of Business at New York University, from Jamaica; and Farnam Jahanian, provost and chief academic officer of Carnegie Mellon University, from Iran."
 

Excerpt from VentureBeat -- "Indie.vc is for the businesses that don’t want VC or weren’t wanted by VC. It’s for companies focused on profitability instead of pure growth that want to run their businesses without VCs interfering. It seems focused on disrupting the current VC model, and it isn’t shy about it – its website runs a video of a burning unicorn head in the background. I think we get the message – in some ways, the disruptors (or those who fund them) are being disrupted."

Excerpt from The Economist -- "As Jonathan Haidt points out in the American Interest, a quarterly review, patriots 'think their country and its culture are unique and worth preserving'. Some think their country is superior to all others, but most love it for the same reason that people love their spouse: 'because she or he is yours'. He argues that immigration tends not to provoke social discord if it is modest in scale, or if immigrants assimilate quickly."

Excerpt from CCTV -- "'There is a deeper long-term trend we see in a number of countries but particularly in the U.S., and that’s rising inequality,' Joe Foudy, professor at the New York University Stern School of Business, said. 'The U.S. economy has grown significantly since 2008, but median wages are stagnating, while a lot of other people’s costs are going up.'"