Faculty News

Professor Dolly Chugh’s advice on how to foster equality, diversity and inclusion, from her new book, "The Person You Mean to Be," is featured

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Excerpt from Boston.com -- "'Most of us avoid saying names that we don’t know how to pronounce,' Chugh said. 'Another thing I noticed I do, and I think others do as well, is we avoid that person, we avoid interacting with them and saying their name because we are afraid we can’t say their name properly.'"
School News

Stern's Fashion & Luxury MBA, specialization in luxury marketing and Luxury & Retail club are highlighted

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Excerpt from the Business of Fashion -- "NYU Stern School of Business offers a one-year Fashion & Luxury MBA programme, and a two-year MBA programme with a Luxury Marketing specialisation. The school’s Luxury and Retail club connects students with prominent companies and individuals in the luxury and retail space, with an annual conference for industry professionals and Stern MBAs for networking and learning."
Faculty News

Professor Amy Webb is interviewed about how the creators of the film "Demolition Man" envisioned the year 2032

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Excerpt from Marketplace -- "I think that in broad strokes, the societal issues that were raised in 'Demolition Man,' but also in movies like 'Blade Runner' and a lot of the science fiction that was written in the '50s and '60s, they all touch upon the same points. What happens if we preserve the status quo and we wind up with polarized political views?"
Faculty News

Professor Adam Alter shares tips for parents to help children establish a balanced relationship with technology, from his book, "Irresistible"

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Excerpt from The New York Times -- "You can liken it to aiming for a healthy diet, Dr. Alter explains: 'Older kids understand the concept of balance intuitively -- they know that it’s important to eat healthy foods alongside candy and dessert, and the same is true of the "empty calories" that come from spending too much time passively gazing at screens. There’s a time for screens, but not at the expense of time for physical activity and connecting with real people in real time.'"
Faculty News

Professor Pankaj Ghemawat's book, "The New Global Road Map," is reviewed

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Excerpt from Foreign Affairs -- "Ghemawat bases his recommendations, in part, on the distance between the country in question and the company’s home—measured not only in geographic terms but also in terms of language and culture. Executives, he warns, should consider each potential new market carefully and critically. Ghemawat aims his advice at businesspeople (and business students), but his work will also enlighten readers outside the business world who want to understand international trade and investment."
School News

Associate Dean of MBA Admissions, Financial Aid and Academic Affairs Paula Steisel Goldfarb shares how an Executive MBA can help experienced professionals accelerate their careers

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Excerpt from TopMBA -- “Gaining a better understanding of what it takes to succeed in your job, as well as the job of those around you in a variety of fields, makes you a valuable asset to your company. Not only does this help secure your position, it also gives you a 360° view of the current business landscape and insight into what the future may hold.”
Faculty News

Professor Lawrence White discusses how tariffs on appliances are impacting the laundry business

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Excerpt from TRT World -- "The imported steel, the imported aluminum that is setting the price, and if a tariff means that price goes up, then the domestic price is going to go up."'
Faculty News

Professor Arun Sundararajan explains why ridesharing companies and governments should work together to increase rider safety

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Excerpt from CNNMoney -- "'I think the real opportunity is in coming up with government oversight that pushes the platforms to creatively use technology to increase safety,' he said. 'It puts the onus on the platforms who are far better equipped than anyone else to use data and machine learning in ways that could make things safer.'"
Faculty News

Professor Batia Wiesenfeld comments on how experiencing power influences thinking and perception

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Excerpt from Fast Company -- "'[It] creates psychological distance between the powerful person and everything else,' says Batia Wiesenfeld, a management professor at New York University’s Stern School of Business."
Faculty News

Professor and Vice Dean of MBA Programs JP Eggers' insights on the importance of early adopters in developing new products are featured

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Excerpt from BEME News -- "JP Eggers, a professor of management and organizations at NYU, told me to think about early Teslas. They were luxury vehicles with hefty price tags, but that cash flow from well-off early adopters sustained Tesla long enough to A) pursue cheaper vehicles and B) build out a charging station infrastructure."
Faculty News

Professor Menachem Brenner’s views on how Trump’s proposed tariffs will negatively impact financial markets are featured

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Excerpt from WalletHub -- "The issue is the uncertainty surrounding the extent of the tariffs/restriction imposed by Trump. Tariffs are bad for the economies of all involved. The issue is that Trump keeps changing the rhetoric, so other countries are hesitating if to retaliate. For now this shows up in volatility (e.g. VIX) and other measure like Ambiguity. Once a trade war starts there is no doubt that the markets will decline big time."
Faculty News

Professor Melissa Schilling is interviewed about common traits found in breakthrough innovators, from her book, "Quirky"

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Excerpt from YourStory -- "'All of the innovators pursued their projects with remarkable zeal, often working extremely long hours and at great personal cost,' Melissa explains. They made the most of their creativity, originality, effort, persistence and situational advantage."
School News

Incoming full-time MBA student Jeff Battipaglia is cited in a trend piece about the Class of 2020 at top b-schools

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Excerpt from Forbes -- "...NYU Stern’s Jeff Battipaglia’s rite of passage came when he committed to the U.S. Naval Academy. It was a nine year commitment between schooling and service, one that taught him 'how to think, how to care, how to lead, and how to earn and give respect.'"
Faculty News

Professor Thomas Philippon's research on industry concentration, investment and growth, prepared for the Jackson Hole Economic Policy Symposium, is referenced

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Excerpt from the Financial Times -- "A good place to start, in the literature from this year's symposium, is a primer by Thomas Philippon of NYU, summarising the evidence on whether industry concentration has been discouraging companies from investing in new plants and equipment."
Faculty News

Professor Herbert Kleinberger weighs in on the local impact resulting from the decline of Sears

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Excerpt from Axios -- "'In some towns, [Sears is] arguably the only viable department store ... In many malls, they are the anchors,' says Herb Kleinberger, a professor of retail at NYU's Stern."
Faculty News

In a contributed article, Professor Michelle Greenwald profiles Ikonick, an art e-commerce company that is making canvas art more affordable and accessible

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Excerpt from Forbes -- "Ikonick, the brainchild of Jeff Cole and Mark Mastrandrea, launched 15 months ago, selling their canvas art prints at prices ranging from $40-$700. The company was a way to monetize Cole’s popular Instagram account with 400,000 followers, and his eye for aesthetically pleasing, emotional images with 'prescriptive thought/messages.' The result, he believed, was artwork Millennials would want on the walls of their homes and offices. The company claims it has been cash-flow positive since its first month and is approaching $10 million in sales since launching 15 months ago. Ikonick has signed deals for Muhammed Ali and the NBA."
Faculty News

Professor Aswath Damodaran's contributed essay in Meb Farber’s recently published book of essays, "The Best Investment Writing – Vol. 2" is referenced

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Excerpt from ThinkAdvisor -- "'The Bitcoin Boom: Asset, Currency, Commodity or Collectible?' by Aswath Damodaran, finance professor, NYU Stern School of Business: 'Bitcoin is not an asset class. You don’t invest in Bitcoin; you trade it. Bitcoin is a young currency.'"
School News

New Undergraduate College courses for the fall, Sustainability Impact Consulting: Costa Rica, Economics of Innovation and Deal Making in the Entertainment Industry and International Studies Program (ISP) in Copenhagen are featured

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Excerpt from Poets & Quants -- "The first is a sustainability impact consulting course set in New York and Costa Rica. Classes will meet in the fall then spend a week in Costa Rica at the beginning of January working on such potential student projects as business and marketing plans for agricultural production, ecotourism, and environmental education for youth. Other new courses on Stern’s roster are Economics of Innovation — studying the behavior of inventors, artists, and writers to figure out what makes people creative, what encourages firms to take risks, and what types of institutions encourage people to do their best work. The other is Deal Making in the Entertainment Industry which uses film and television content as the primary example for what goes into cutting a deal in the entertainment world."
 
School News

MBA students Nica Langinger and Alice Schnurman are featured in a trend story about the Class of 2020 at top b-schools

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Excerpt from Poets & Quants -- "MBA graduates themselves inspired their peers to return to campus. NYU Stern’s Schnurman, for example, reviewed the Linkedin profiles of senior leaders in global organizations she admired and noticed a trend: they all had MBAs. ... NYU Stern’s Langinger uses 'clear-eyed' to represent her class. 'They know what they like, what they don’t like, and what they’re working toward.'"
Faculty News

Professor David Yermack emphasizes the value of cryptocurrency education, pointing to the growing demand for these skills in the job market

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Excerpt from Coinbase -- "Yermack says he first developed the class because he was interested in bitcoin and how quickly interest in the cryptocurrency was growing. But other reasons soon emerged, notably demand from companies for people who understood cryptocurrency-related issues. Now, he sees his class as a way to give students the skills they’ll need for jobs in the future. 'A process is well underway that will lead to the migration of most financial data to blockchain-based organizations,' he says. 'Students will benefit greatly by studying this area.'"
Faculty News

Professor Jonathan Haidt's forthcoming co-authored book, "The Coddling of the American Mind," is spotlighted

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Excerpt from The New York Times -- "'When adult-supervised activities crowd out free play, children are less likely to develop the art of association,' Lukianoff and Haidt write, along with other social skills central to the making of good citizens capable of healthy compromise. Worse, the consequences of a generation unable or disinclined to engage with ideas and interlocutors that make them uncomfortable are dire for society, and open the door — accessible from both the left and the right — to various forms of authoritarianism."
Faculty News

Professor Arun Sundararajan is quoted in a feature story on New York City's recent legislation restricting the operation of sharing economy platforms

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Excerpt from The Guardian -- "New York’s approach is one of the harshest, said NYU professor of business Arun Sundararajan. 'We have among the most restrictive Airbnb laws, and I think it will hurt the city in the long term,' he said."
Faculty News

Professor Adam Alter is interviewed for a trend story on mitigating addictive technology, from his book, "Irresistible"

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Excerpt from Medium -- “I try to put my phone on airplane mode on weekends so I can take photos of my two young kids without interruptions from emails and other needy platforms.”
 
Faculty News

In a live interview at the Jackson Hole Economic Policy Symposium, Professor Thomas Philippon explains takeaways from his research on corporate investment

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Excerpt from Bloomberg -- "The way a good firm translates to a good economy is that the good firm should hire and invest more and the issue we have seen is that these firms are great, they are productive and they are making lots of money, but they don't invest and hire as much as they should and as much as other successful firms did in the past. So that's the missing link between this efficient firm and this relatively inefficient economy."

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