Faculty News

Professor Adam Alter's comments on the gamification elements used in dating apps in the HBO documentary, "Swiped," are featured

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Excerpt from Refinery29 -- "'When you're playing a slot machine, the machine will tell you when you've won with ringing bells and flashing lights,' Adam Alter, a social psychologist at New York University, said in the documentary. 'And a lot of the apps we use now have elements of that built in, even when they aren't really about games.'"
School News

Micah Steiger (MBA '18), co-founder of Resprana and winner of the $300K Entrepreneurs Challenge 2017 New Venture competition, shares how an MBA has helped him as an entrepreneur

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Excerpt from BusinessBecause -- "Where a lot of people get caught up day to day, going from task to task, an MBA helps you view business and society on more of a global, long-term scale. You are encouraged to think about where various industries and sectors will be in the future, what are the trends that we can see emerging, and to see society and business from a birds-eye view."
Faculty News

Professor Alixandra Barasch is featured in a video interview on how taking photos for social media impacts a visitor's experience at a museum, referencing her research

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Excerpt from Vox -- (2:17) "People who work at museums are very concerned. It changes the nature of what artwork is most attractive to consumers. In order to compete with the trendy colorful exhibits that are popping up, you have to add some of those components to the more traditional exhibits."
Faculty News

Professor Johannes Stroebel is interviewed about his joint research with Professor Theresa Kuchler on social connectedness

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Excerpt from The New York Times -- "'But distance is the thing that shows up everywhere,' said Johannes Stroebel, a professor at N.Y.U.’s Stern School of Business and a co-author of the research, along with Michael Bailey at Facebook, Rachel Cao at Harvard, Theresa Kuchler at N.Y.U. and Arlene Wong at Princeton. 'Distance matters,' Mr. Stroebel said, 'in explaining every single county’s connectedness.'"
Faculty News

Lord Mervyn King is featured in a story on the strength of the British banking system

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Excerpt from Bloomberg -- "King’s recipe to prevent a re-run: ensure lenders have enough collateral in place at the central bank to justify it acting as lender of last resort, restoring liquidity to the financial system. 'It is vital to sort out the conditions under which those loans will be made in advance, to make sure that banks do have enough collateral or security to justify those loans, and that it’s big enough to let the central bank lend enough money to prevent a bank run and collapse of the system,' said King, who was succeeded by Mark Carney in 2013 and has now returned to academia."
Faculty News

Professor Kristen Sosulski is quoted in a story on how computer programming will change over the next 10 years

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Excerpt from TechRepublic -- "Developers of the future will need to learn more skills, particularly in data analysis, 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. 'Everything from statistical data analysis, to non-linear and linear data analysis, to machine learning and even artificial intelligence,' Sosulski said. 'It's really not just learning how to code, it's also learning how to analyze data and sell different models.'"
Faculty News

Professor Scott Galloway points out how the tech and fashion industries influence each other ahead of the simultaneous product launches by Apple and Adidas

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Excerpt from the Financial Times -- "'Apple is not a tech company, it’s a luxury brand,' said Scott Galloway, professor of marketing at the New York University Stern School of Business. 'Just as Apple copied Louis Vuitton, you’re going to see Nike and Adidas copy Apple.'"
School News

Alumni Nicole Rodriguez (BS ‘18), Justin Lochan (BS ‘18) and Dana Li (BS ’18) reflect on their time at Stern in an interview with current undergraduate student Alex Grieco

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Excerpt from Poets & Quants -- "As I go into my final semester here at NYU, I have to say that I agree with all the advice and reflections made by these recent graduates. However, I would like to add one piece of advice: do not rush. That may seem very vague, but as my time at Stern comes to an end, I realize there are so many opportunities I said no to or didn’t explore because I thought it was a 'waste of time.' Make the most of the four years you have and don’t feel pressure from your peers or family to do something that won’t make you happy in the long-run."
Faculty News

Professor Maxime Cohen's and PhD student Baek Jung Kim's joint research on the effectiveness of frustration-based promotions for ridesharing customers is featured

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Excerpt from Quartz -- "The results are strikingly similar to the findings of a February 2018 paper from researchers at NYU and Via, a ride-hail app that operates in New York, Chicago, and Washington, DC, with exclusively shared rides. In that experiment, the researchers considered how best to compensate several thousand 'frustrated' riders who were picked up at least 8 minutes later than Via estimated in New York and DC (the Uber paper, remember, dealt with late drop-offs)."
Faculty News

Professor Richard Sylla discusses why there has been a rise in the frequency of international financial crises and weighs in on timing for another

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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."
Faculty News

Professor Nicholas Economides is interviewed about the economic impact of Hurricane Florence

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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."
Faculty News

In a Q&A interview, Professor Amy Webb shares how technology and artificial intelligence will change business

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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."
Faculty News

Professor Lawrence White explains how the health of the US economy has changed since the 2008 financial crisis

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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."
Faculty News

Professor Anindya Ghose shares his outlook on Instagram's new ecommerce features

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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.'"
Faculty News

Stern's course offerings in data science are featured among the "16 Best Big Data Programs at Prestigious MBA Schools"

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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."
School News

Stern is included in a trend story on applications to top b-schools

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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.”
Faculty News

Professor Deepak Hegde's joint research on the impact of social proximity between venture capitalists and startups is referenced

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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."
Faculty News

Professor Dolly Chugh discusses how business leaders can implement training to combat unconscious bias, from her new book, "The Person You Mean to Be"

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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."
Business and Policy Leader Events

Stern EMBA Speaker Series: Brian Brooks

NYU Trustee Ronald D. Abramson (left) with Brian Brooks, Executive Vice President, General Counsel, and Corporate Secretary, Fan
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.
Faculty News

Professors Nouriel Roubini and David Yermack are quoted in a story about the advent of bitcoin

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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.'"
Faculty News

Professor Brad Hintz explains why he believes the Federal Reserve should have saved Lehman Brothers at the beginning of the financial crisis

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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."
Faculty News

Professor Susan Stehlik emphasizes the importance of managers showing compassion for their employees

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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."'
 
Faculty News

Professor Kristen Sosulski is quoted in a story on Python's popularity as a computer-programming language

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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.'"
Research Center Events

NYU Students, Alumni and Faculty Learn More about Stern’s $300K Entrepreneurs Challenge

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

Professor Thomas Philippon's research on financial markets and inequality is referenced

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

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