Faculty News

Professor Lawrence White is quoted in a story on the future of NYC's tech scene after Amazon's exit

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Excerpt from NBC News -- "'The activists stopped Walmart from coming in,' White said. 'It was a symbolic event, but it did not stop the advancement of other big box operations.'"
Faculty News

Professor Ari Ginsberg is interviewed for an article on how Amazon's scrapped plans to open headquarters in NYC will impact the local economy going forward

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Excerpt from NBC News -- "'This was a big fish,' Ginsberg said. Amazon would have created a 'positive loop — the ecosystem continues to grow new firms. Amazon would have been providing new sources of tax revenue in a city with crumbling infrastructure.'"
Faculty News

Professor David Yermack's joint research on the performance of endowment funds is featured

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Excerpt from ETF.com -- "Dahiya and Yermack found that the performance of the typical endowment fund was so poor that it would have earned substantially higher returns if its trustees had followed a simplistic investment strategy of holding 100% Treasury bonds and taken no equity market risk whatsoever."
Faculty News

The Dunning-Kruger effect, joint research by Professor Justin Kruger, is referenced

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Excerpt from NPR -- "In other words, the Dunning-Kruger effect is people think they know more than they do or they underestimate what they don't know about a topic. And we see this all of the time at Thanksgiving dinner or on Twitter."
Faculty News

Professor Arun Sundararajan is quoted in a story on Uber's financial results and prospects for long-term success

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Excerpt from the The New York Times -- "'I believe investors will forgive even higher fourth-quarter losses if there's evidence of significant topline growth,' said Arun Sundararajan, a professor of business at New York University Stern School of Business."
School News

Center for Business and Human Rights Sani Fellow Casey O'Connor shares findings from her joint research on ESG governance

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Excerpt from Directors & Boards -- "Practically speaking, directors can most easily identify the issues they ought to focus on by looking at the principle profit drivers of their industry and assessing when and how those are in tension with desired social outcomes."
Faculty News

Professor Ari Ginsberg explains why he believes Amazon's canceled plans to build headquarters in New York City are a lost opportunity

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Excerpt from BBC -- "I think it's unfortunate.... Having Amazon here would create even more business, and it would create business not only for the tech sector and keep the talent here that would otherwise leave and also, of course be more attractive to talent coming here versus other areas..."
Faculty News

Professor Susan Stehlik is quoted in a story on waking up early and productivity

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Excerpt from BBC -- "Susan Stehlik, director of New York University’s management communications programme, suggests offices and teams use a technique called 'appreciative inquiry'. This means that the team sits down at the very initial stages of a project and brings up their individual needs, schedules and preferences right out of the gate to the group – ideally, so that the group can adjust accordingly."
Faculty News

Professors Tülin Erdem and Thomaï Serdari are interviewed for an article on how fashion companies can avoid future scandals with culturally insensitive items

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Excerpt from the CNN -- "'The fashion industry is a primarily white industry,' says Thomaï Serdari, a luxury branding strategist who teaches marketing at New York University. 'There's a very small percentage of people of color in the industry, especially as brand owners or as executives of high level within these corporations.' ... 'Offending somebody in this obvious way shows something fell through the cracks," says Erdem. 'If you have the right culture, these mistakes won't occur or it will be very, very unlikely. To me, it does reflect that organizationally, it's not quite right.'"
Faculty News

Professor and Vice Dean of MBA Programs JP Eggers highlights Stern's strong relationship with Amazon in a story on the company's decision not to build a headquarters in New York City

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Excerpt from Poets & Quants -- "When Amazon was just on the West Coast, the company was NYU Stern’s top employer two years in a row. While we may be disappointed not to have them right in our backyard, we will continue to nurture this very strong relationship regardless of their geographic location."
Faculty News

Professor Jonathan Haidt's book, "The Coddling of the American Mind," is cited

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Excerpt from The Washington Post -- "In the best-selling 2018 book “The Coddling of the American Mind,” Greg Lukianoff and Jonathan Haidt note that young people are increasingly protected from all types of danger, physical and psychic. Children are discouraged from venturing alone out of the house by their parents, who also adjudicate their disputes with other children. The protection culture often deepens in college, with the proliferation of 'safe spaces' and 'trigger warnings' to allow avoidance of hurtful ideas."
Faculty News

In a podcast interview, Professor Kristen Sosulski shares how to use better use data visualization in conversation with decision makers, from her book, "Data Visualization Made Simple"

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Excerpt from My Quest for the Best -- “We want to think about what the key message is. We want to think about where we are within the industry range and where we’re exceeding it.”
School News

Senior Research Scholar Steven Altman shares takeaways from his work with Professor Pankaj Ghemawat and Associate Research Scholar Phillip Bastian on the DHL Global Connectedness Index

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Excerpt from Quartz -- "'A very high proportion of what we are talking about as globalization is really activity that takes place in regions or among neighbors,' Steven Altman, a New York University researcher who helped develop the index. 'The international flows themselves are smaller than people think.'"
Press Releases

NYU Stern Launches Online Master of Science in Quantitative Management Program

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Today New York University Stern School of Business announced the launch of a new online Master of Science in Quantitative Management Program (MSQM), officially marking its entrance into the online degree category as the first and only top-ranked U.S. business school to deliver an MS in Management online.
 
Faculty News

Professor Nouriel Roubini's op-ed on blockchain is cited

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Excerpt from Financial Times -- "Change is indeed on the way. But it cannot be left to happen. The cryptocurrency movement would reject that, because its roots lie in anarchistic libertarianism, as Nouriel Roubini of New York University argues."
Faculty News

Professor Henry Assael shares his views on the Hartford Yard Goats' ban of peanuts and Cracker Jacks from its ballpark due to allergies

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Excerpt from USA Today -- "'There's social value in being sensitive,' said New York University marketing professor Henry Assael. 'I view it as a trade-off, as publicity for a minor league team that's not very well known latching on to a particular health issue versus possibly alienating some of their fans, because peanuts are a food traditionally associated with baseball.'"
Faculty News

Professor Pankaj Ghemawat's book, "Redefining Global Strategy," is spotlighted

Excerpt from Mundo Empresarial -- (translated from Spanish using Google Translate) "The main thesis defended by Ghemawat is that we are in a world in which globalization is still an important underlying trend, although the differences between the different countries and markets are maintained to a large extent, and this circumstance may persist for decades. It is what he calls the 'semi-globalization'."
School News

Professor and Vice Dean for Online Learning Kim Corfman is interviewed about Stern's new online Master of Science in Quantitative Management program

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Excerpt from Poets & Quants -- "'We assessed the competencies that give graduates of our MBA programs a measurable advantage in the marketplace and set out to develop an online program that delivers those high-demand skills with our MS in Quantitative Management,' Corfman adds. 'Our newest offering is ideal for non-business majors who seek knowledge, credentials and the flexibility of an online degree at this crucial stage in their career development.'"
School News

Stern is highlighted as one of the best business schools for finance

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Excerpt from Clear Admit -- "Of its 25 specializations, seven in particular—Banking, Corporate Finance, Finance, Financial Instruments and Markets, Financial Systems and Analytics, Quantitative Finance, and FinTech—fall into this category, and Stern students can take up to three. Stern also offers a number of individual courses focused on the investment banking field, including 'Law and Business of Investment Banking,' 'Investment Banking,' 'Private Equity in Entertainment and Media' and 'Entertainment Finance.'"
Faculty News

Professor Luca Petruzzellis outlines the challenges retailers face in competing with Amazon

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Excerpt from Il Sole 24 Ore -- (translated from Italian using Google Translate) "Luca Petruzzellis (professor at the University of Bari and visiting the NYU Stern Business School), invites us to always start from the concept of reward, because the customer's decision-making process depends on the benefits gained from the buying experience. In other words: what does the consumer gain from shopping?"
Faculty News

In a contributed article, Professor Anika Sharma shares how brands can leverage consumer spending trends ahead of Valentine's Day

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Excerpt from Ad Age India -- "Be mobile friendly: there is a lot on the mind of the always-connected, always-on consumer. While balancing everything else that is going on, they expect companies to understand last-minute needs and cater to them seamlessly. This consumer, in return, will pay with loyalty. Amazon is a prime example. For the companies that want to win, get mobile right, be friction-free and use history to better understand the needs of this digital-savvy consumer."
Faculty News

Professor Aswath Damodaran's blog post on stock buybacks is referenced

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Excerpt from Bloomberg-- "Aswath Damodaran, the guru of stock market valuation at New York University’s Stern School of Business, came to a similar conclusion via a different route, also finding that in aggregate it was hard to stand up the notion that stock buybacks are malign. His lengthy blog post on this is worth reading in full."
Faculty News

Professor Dolly Chugh's book, "The Person You Mean to Be," is referenced in an article about making mistakes

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Excerpt from Harvard Business Review-- "According to social psychologist Dolly Chugh, author of The Person You Mean to Be: How Good People Fight Bias, when we aren’t sure whether an identity that feels important to us has been granted, our need for affirmation becomes urgent and intense."
Faculty News

Professors Luis Cabral and Yossi Spiegel are among signatories on a joint statement opposing the merger of Siemens and Alstom

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Excerpt from De Standaard -- "Forty top economists support the decision of the European Commission to ban the merger between Siemens and Alstom. They warn of the misconception that mergers are needed to create European champions."
Faculty News

Geeta Menon, Dean of the Undergraduate College, is featured as one of five "Indian women who are shining at the global level"

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Excerpt from Headlines of Today -- "Geeta Menon is the 11th Dean of the Undergraduate College at New York University Stern School Business. Menon was listed as one of the most influential Global Indian women by The Economic Times. She served as a visiting professor at the Indian School of Business in 2009 and 2011. In 2010, she was the President of the Association for Consumer Research (ACR)."

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