Experience Stern | News & Events

The Leonard N. Stern School of Business Graduate Convocation Ceremony took place on Friday, May 24, 2019 at the Hulu Theater at Madison Square Garden.

Excerpt from Forbes -- "Professors Adam Brandenburger and Barry Nalebuff, authors of Co-opetition, call for a new mindset rooted in cooperative game theory. In their view, firms are interdependent, and can work together to generate new value, increasing the pie."

Excerpt from the Financial Times -- "'There is a huge opening for social media companies to move in and take a big part of the banking business,' said David Yermack, professor of finance and business transformation at the New York University Stern School of Business."

Excerpt for Amsterdam News -- "My proposal to the North Shore district representatives, and to non-profit foundations on the island, is to create a program for young students that partners with the island’s CUNY College of Staten Island, which already has ample space and existing facilities, to make extracurriculars more accessible. I propose to create a program that focuses on one underperforming elementary and one intermediate school in either Mariners Harbor or Port Richmond and offers up to 100 voluntary spots for students to enroll into the program."

On May 14 and 15, the Class of 2020 cohorts of NYU Stern’s two focused MBA programs, the Andre Koo Technology and Entrepreneurship MBA and the Fashion & Luxury MBA, arrived on campus for the Focused MBA Welcome, beginning their journey at Stern.

Excerpt from US News & World Report -- "Cultural differences and power dynamics help explain why some workers lack awareness about their performance and professional image. So does the fact that 'people seldom receive negative feedback about their skills and abilities from others in everyday life,' according to Dunning and Kruger."

Excerpt from Poets & Quants -- "Prior to my MBA, I was a founder in New York City who could count the people upon whom I could reliably depend on with my own two hands. As I prepare to graduate, I not only know a huge range of founders, investors, and other really smart people, but I’ve already used those connections to further Pepper’s success."

On May 22, Professor Scott Galloway will discuss his new book, The Algebra of Happiness, with Stephanie Ruhle, MSNBC anchor and NBC News correspondent. 

Read more about NYU's All-University Commencement ceremony on Wednesday, May 22, 2019 at Yankee Stadium.

Excerpt from CGTN -- "I think the report underscores the fact that we are still training people for a world in which they're going to have a stable job and one occupation for their entire career and that a vast majority of their education is going to happen before they enter the workforce. But the reality of tomorrow's world of work is that people are going to have to switch occupations multiple times and they're going to have to continually reeducate themselves and most countries around the world are not prepared for this."

Excerpt from The Wall Street Journal -- "But at 6.94%, Japan’s premium remains stubbornly above the U.S.’s 5.96%—with the gap little changed in six years—according to Aswath Damodaran, professor of finance at New York University’s Stern School of Business."

Excerpt from Poets & Quants -- "'What surprised us was that the very first [Andre Koo Tech and Entrepreneurship MBA] class had a better female ratio than our regular MBA and the second year numbers are even better: 20 women and 20 men. That we reached parity in tech is incredible to me.' - Dean Raghu Sundaram ... Job prospects are running slightly above expectations, says J.P. Eggers, vice dean for MBA programs. 'The biggest learning so far is on the tech sid in how interested the students are in small tech firms and being employee number five,' he says."

Excerpt from La Tercera -- (translated from Spanish using Google Translate) "Although he does not have great expectations regarding what is going to be agreed upon, Robert Engle, winner of the Nobel Prize in Economics, anticipates a speedy resolution to the trade war, thanks to an agreement that will benefit both the government of the United States and China."

Excerpt from Business Insider -- "Helio Fred Garcia, a crisis management professor at New York University and Columbia University and president of crisis management firm Logos Consulting Group, told Business Insider: 'Trust didn't fall because two of its plane crashes. Trust fell because they were seen to be indifferent.' ... Professor Irv Schenkler, who teaches crisis communication at NYU's Stern School of Business, told Business Insider that Boeing took an 'operational problem" and made it "a reputational crisis — driven by poor messaging at the start of the events, creating concern and fear.'"

Excerpt from Forbes -- "At the very least, travelers should make sure that the hotel’s confirmation email links to a secure site whose address begins with https, advises Navin Manglani, Professor of Technology at the NYU Stern School of Business. 'Also, if the website gets redirected from an https site to an http site, that might be a red flag to not continue viewing the information or not enter any additional information.'"

Excerpt from Poets & Quants -- "Within the walls of Stern, I have found an incredibly close-knit family where my peers are constantly each other’s biggest advocates. If anything, being in NYC has made each of us that much more aware of how much we want to develop the network at Stern and to ensure that we are making the most of our MBA experience. This incredible community is supplemented with everything that NYC has to offer and ensures that our days are never boring or repetitive."

Excerpt from CGTN -- "The fact that Uber’s IPO was not the success story that it should have been isn’t really about the fundamentals of the company today, said Arun Sundararajan, Professor of Business at New York University. 'It’s more about the fact that their valuation got too high too fast in the past and that severely constrained their ability to set a fair price for their IPO when they went public.'"

Excerpt from GARP Risk Intelligence -- "Said Berner: 'An easier way to achieve change [in data practices] is to have pilot projects and the idea of innovation sandboxes, endorsed and assisted by regulators. It is something that we should do more of in the U.S.'"

Excerpt from Mic -- "A recent study from New York University's Stern School of Business found that peer-to-peer apps like Uber and Lyft are designed to induce customer guilt, and thus promote rating inflation. The act of sitting in a car with your service provider, the study found, humanizes them in a way that, say, placing an online order with an anonymous Amazon merchant does not, and as a result, riders tend to give higher ratings."

Excerpt from SmartBrief -- "With a nod to Angela Duckworth, we support the notion of “grit” as the secret ingredient in creating innovative new brands. Gritty people who come up with gritty ideas and can assemble gritty teams with the passion and perseverance to execute every detail brilliantly. Predicting innovation success will always be challenging. That is why the rewards for winners are so high."

Excerpt from American Banker -- "'For economists, one of the things we like about crypto is that it pushes you back to first principles,' said David Yermack, chairman of the finance department at New York University's Stern School of Business. 'It makes you reconsider if we need banks to have banking.'"

Excerpt from Quartz -- "The traits of successful entrepreneurs haven’t changed much in the digital age: You need more builders than branders, and it’s key to have a technologist as part of, or near, the founding team."

Bitcoin has been envisioned as a global digital currency, yet it has not been widely adopted. New research from NYU Stern Professor Kose John, PhD candidate Franz Hinzen and co-author establishes that Bitcoin’s limited adoption is inescapable due to its technical design.

Continuing an annual tradition, faculty and guests gathered to celebrate NYU Stern’s community of exceptional scholars and teachers, and to recognize their many contributions to the School’s ongoing success at the 9th Annual Faculty Excellence Dinner.

Excerpt from Just Food -- "The findings from the NYU Stern-IRI study point up the increasing reality that sustainable business is good business, as does the results from a 2018 report by Nielsen, which found that sustainability sells."