Experience Stern | News & Events

Excerpt from Vox -- "That’s another feature of financial history, i.e., taking tough measures in the wake of a crisis and then watering them down over time. What’s different this time is that the watering-down began almost immediately instead of waiting a bit. That makes me think that we will not again have to wait half a century or more before the next large-scale financial crisis arrives."

Excerpt from CGTN -- (:34) "It's the beginning of estimating the damage, this storm has a tendency to linger for a long time and drop a lot of rainfall so there will be, I'm afraid, a multiple of the estimate of damage that we have right now."

Excerpt from ThinkAdvisor -- "As with every technology, there’s always risk and opportunity. When people talk about AI, [most] focus on what they [perceive] as people losing their jobs. There’s a potential for AI to be weaponized; and, obviously, it will eliminate some jobs. However, there are also tons of economic opportunities that it creates."

Excerpt from Bloomberg -- (:24) "There's certainly been the improvement in the economy, well not so much from 2007, but from the depths of the great recession which was roughly 2010 but also a greatly improved financial sector, more capital, more liquidity, more resilience generally. So both the economy at large and the financial sector specifically, much improvement since roughly 2008."

Excerpt from CNNMoney -- "'The whole phenomenon is very promising,' said Anindya Ghose, a professor at NYU's Stern School of Business who teaches a course on e-commerce and social media. 'A number of companies have tried it with mixed results. The potential is much higher than what we have seen so far.'"

Excerpt from Dataconomy -- "Located in New York City, the financial heart of the United States, students at NYU’s Stern School of Business must take just one course related to Big Data but have the option to take 16 more classes to build a foundation in theory and hands-on applications of data science."

Excerpt from the Financial Times -- "The picture is similar [to Harvard Business School] at New York University’s Stern School of Business, whose MBA programme is ranked 13th in the US by the FT. Applications for its full-time MBA programme were down nearly 4 per cent for entry in 2018.”

Excerpt from Forbes India -- "Similarly, Deepak Hegde of New York University’s Stern School of Business and Justin Tumlinson in their 2014 study show positive performance effects for start-ups when venture capitalists and the start-ups they invest in are close in ethnicity."

Excerpt from Bloomberg -- (:25) "The situation we are seeing unfold at CBS and lots of other organizations is a great example of our noticing really amping up...Our norms have changed and that's a big part of what actually changes attitudes, biases, and behaviors, is when our norms change, when our noticing changes."

On September 14, 2018, NYU Stern's Executive MBA Program and NYU Washington DC hosted the first Stern EMBA Speaker Series event at NYU’s downtown DC location featuring Fannie Mae's Executive Vice President, General Counsel, and Corporate Secretary, Brian Brooks.

Excerpt from MarketWatch -- "'Bitcoin happened to be launched in 2009, but it was the culmination of decades of attempts to create a digital currency on a peer-to-peer basis,' said David Yermack, a professor of finance and business transformation at New York University. ... 'They stumbled upon something — an experiment, you could say,' said Roubini, a professor of economics often identified as 'Dr. Doom.' 'They pretend to be libertarian, but they are a new generation of self-serving gold bugs. They only care about their money, not the protocol or the technology.'"

Excerpt from Bloomberg -- (4:05) "They didn't have to save the Lehman equity holders, but they needed to make it less of a crisis because if I don't know whether you had Lehman exposure, am I going to lend you money? No. And it was that uncertainty that caused everybody to pull in. They pulled in their financing and it led to the crisis."

Excerpt from BBC -- "Stehlik says from a human perspective, managers need to show compassion: 'You have to honour how people put love in their life,' she says. 'The day a manager doesn’t show compassion, then the worker turns around and says, ‘this is a hostile work environment."'
 

Excerpt from TechRepublic -- "'Python is very popular because of its set of robust libraries that make it such a dynamic and a fast programming language,' said Kristen Sosulski, clinical associate professor of information, operations, and management sciences in the Leonard N. Stern School of Business at New York University, and author of Data Visualization Made Simple. 'It's object-oriented, and it really allows for everything from creating a website, to app development, to creating different types of data models.'"

The W. R. Berkley Innovation Labs hosted the $300K Entrepreneurs Challenge Kick-Off & Info Session on Wednesday, September 12, 2018.

Excerpt from MoneyControl -- "Moreover, financial markets were also central to rising inequality, as initially shown by researchers such as Thomas Philippon and Simon Johnson."

Excerpt from NPR -- (1:42:48) "We have lots of evidence in my field of psychology that we don't always hit the mark of who we see ourselves as...as psychologists what we can tell you is we have unconscious bias, we have blind spots, we have all sorts of ways in which outside of our own awareness we are swayed by situational forces around us..."

Excerpt from Marketplace -- "'There's been a tremendous amount of consolidation during the last four decades,' Sylla said. 'The American banking system went from about 13 or 14,000 commercial banks four decades ago down to closer to 5,000 now.'"

Excerpt from Quartz -- "'(Zhang) is one of the sharpest analytical thinkers today in China,' said Anindya Ghose, the Heinz Riehl professor of business at New York University’s Stern School."

Excerpt from Poets & Quants -- "We launched the new Focused MBA program in Technology & Entrepreneurship in May 2018 (Andre Koo Tech MBA), and Technology has become the #3 employer of Stern MBA graduates (behind Finance and Consulting), with Amazon as #1 for the Class of 2017. This means more courses (across all programs) in technology, fintech, analytics, and entrepreneurship, and more technology companies on campus for projects and recruiting. Whatever your career aspirations, technology and exposure to technology are central to everyone’s success."

Excerpt from the Financial Times -- "As well as Mrs Hughes, Aston also named former InterContinental Hotels chief executive Richard Solomons, and former Sainsbury’s executive Imelda Walsh to its board, along with former Deutsche Bank and Deloitte director Peter Espenhahn, director of the Arab British Chambers of Commerce Lord Matthew Carrington, and Professor Tensie Whelan from the New York University Stern Center for Sustainable Business."

Excerpt from CNN -- (1:21) "What began happening in 2014, 2015, is that professors and students who would say something, somebody would react to one word and there would be protests and there would be demands that the person be punished or fired and it took everyone by surprise. It seemed very strange. That's what we are seeing now, the new generation of students -- these are not millennials, these are the kids born after 1995. They have been raised in a very protected way, they are very sensitive to the power of words but there is this huge clash on campus now that is making it very difficult for example, to teach a class. You speak for an hour and if one person is offended by one word, they can report you."

Excerpt from Bloomberg -- "When you study these serial breakthrough innovators, you'll discover that a lot of them are what in management we would call 'low self-monitors,' meaning they don't monitor their persona or the way they present themselves very carefully. This is actually relevant to their ability to generate unusual ideas and to persist in the face of criticism. A person who cares a lot what people think of them is a person that’s going to make concessions when people disagree with their ideas."

Excerpt from MarketWatch -- "'Private equity-owned schools are better at capturing government aid and that is coming at the expense of student outcomes, said Sabrina Howell, a finance professor at NYU Stern and one of the authors of the study."

Excerpt from the Los Angeles Times -- "'We’re encouraging people to adopt very risky financial behavior — to acquire an illiquid, undiversified asset and to borrow heavily against it,' [Schoenholtz] said."