Faculty News

Professor Lawrence White explains why both state and federal entities have called for the regulation of fintech companies

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Excerpt from InsideSources -- “Partly this is pure power and jurisdiction, but also I think the states genuinely believe that ‘We the states do a better job of regulating financial entities that have a lot of consumer facing aspects, we do a better job of protecting our consumers.’ The feds have a tradition of neglecting consumers and being more partial to the businesses and banks that they regulate. So the states are saying, ‘We can do a better job.'”
Faculty News

Professor Tensie Whelan explains why companies like WeWork hope their sustainability practices will serve as a model for others to adopt

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Excerpt from CNNMoney -- "'The broader gestalt is one that both plays well with the millennials these companies want to attract and is meaningful in terms of supporting better sustainability practices at the office that hopefully employees will carry through at home,' [Whelan] said."
Faculty News

Professor Thomaï Serdari comments on how Van Cleef & Arpels took inspiration from fairy tales in designing its latest jewelry collection

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Excerpt from Luxury Daily -- "’The Grimm brothers' stories are classic fairy tales that have remained beloved and timeless, at least in the Western world,’ said Thomaï Serdari, brand strategist and professor of luxury marketing at New York University and co-editor of ‘Luxury: History Culture Consumption,’ New York.”
Faculty News

In a live interview, Professor Arun Sundararajan criticizes the New York City Council’s recent vote to cap ridesharing licenses, and points to the potential impact on the sharing economy

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Excerpt from Bloomberg -- "I've been frustrated by the storyline that Uber and Lyft are solely responsible for the increase in congestion that we've seen in New York...I don't see the approach of targeting just one contributor as being sensible so I think the one public transit service that New Yorkers really look to and that has steadily been increasing in quality over the last few years is now going to be capped and I think it's really going to hit the people in Brooklyn and Queens..."
Faculty News

Professor Paul Hardart provides context around MoviePass's original business model as it relates to the company’s recent subscription plan changes

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Excerpt from NBC -- "'The rationale was "we can build up a consumer base quickly," said Paul Hardart, a clinical professor of marketing at NYU. 'Get a large subscriber base and then figure out. The outcome you want is it’s an avid part of a consumer’s life and it’s a subscription they’re willing to pay for.'"
Faculty News

Professor Samuel Craig is quoted in a feature story on Conde Nast's sale of three of its titles

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Excerpt from Crain's New York Business -- "'It's a bit of a fire sale,' said professor Samuel Craig of the NYU Stern School of Business."
Faculty News

Professor Scott Galloway's point of view on Tesla CEO Elon Musk's recent tweets is featured

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Excerpt from Business Insider -- "'My mind is blow [sic] over Elon tweet today. I think the Thomas Edison of our age has come off rails. "Funding Secured" means he has the money lined up or he's guilty of market manipulation. His animus toward short-sellers have gotten the better of him,' [Galloway] said."
School News

Robert Salomon, Deputy Vice Dean of Executive Programs, Paula Steisel Goldfarb, Associate Dean of MBA Admissions, Financial Aid and Academic Affairs, and incoming student Fabrice Coles are interviewed about the inaugural class in the new EMBA D.C.program

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Excerpt from Poets & Quants -- "'We’ve always been really proud of having strong numbers of women given the format and culture of our program,' explains Paula Steisel Goldfarb, associate dean of MBA admissions, financial aid and academic affairs. Steisel also shares that 34% of the cohort are under-represented minorities. ... 'I think that what we’re observing in D.C. is a new reality that people want different roles. They want leadership roles in strategy in all kinds of organizations, tech firms, entrepreneurial firms, NGOs, etc.' [says Prof. Salomon].... 'With a wife and three children, the ability to balance work, career and school is very important to me,' says Fabrice Coles."
Faculty News

Professor Theresa Kuchler's and Johannes Stroebel's joint research on tsocial “connectedness” of Americans, as measured through friendship links on Facebook, is featured

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Excerpt from The Economist -- "Using aggregated and anonymised data, the authors find that Americans with tightly clustered social networks comprised mainly of friends located within a short distance of their home tend to have lower incomes, lower levels of education and lower life expectancies. Those with more geographically dispersed social networks tend to be richer, more educated and healthier."
School News

NYU Stern Announces Inaugural Class for its New Executive MBA Washington, D.C. Program

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NYU Stern posted its inaugural class profile for its new NYU Stern Executive MBA (EMBA) Washington, D.C., program.
Faculty News

Professor Nicholas Economides predicts that Facebook will be subject to regulation in connection with its users' data and privacy

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Excerpt from TheStreet.com -- "'The default setting for Facebook data sharing should be to opt out, not in,' [Economides] said. "Regulation could impose this and Facebook would then have to induce users to opt in to this program to have data shared.'"
Faculty News

Professor Thomas Pugel discusses the effect Trump’s trade war may have on brands’ marketing strategies and budgets

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Excerpt from AdExchanger -- “'We still don’t know how all of this is going to play out,' said Thomas Pugel, a professor of economics and global business at NYU’s Stern School of Business. 'One of the main challenges here is uncertainty, a shift toward caution and some amount of risk aversion.'"
Faculty News

Professors Robert Salomon and Jay Rubin are highlighted as favorite faculty by Poets & Quants 2018 Best & Brightest Business Majors Michelle Enkerlin (BS '18) and Shobhit Jain (BS '18)

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Excerpt from Poets & Quants -- "[Professor Robert Salomon] created a curiosity and 'empathy' that resonated throughout the semester, says Michelle Enkerlin. ... 'Professor Rubin embodies the rich wisdom and nurturing spirit that is intrinsic of Stern professors, and he is someone who made me feel prepared and confident to embark on my journey through business school.' - Shobhit Jain."
School News

TRIUM Global Executive MBA alumni Miguel de Almeida, Florence Klein and Mohammad Iqbal share how the annual Module 7 events foster lifelong learning and strengthen their network

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Excerpt from BusinessBecause -- "The inaugural Module 7 was set up and organized by class of 2011 graduate, Miguel de Almeida, in Cascais, Portugal. 'The thinking behind it was that TRIUM is an intense program, […] and there’s a real camaraderie, and that’s something you want to carry on!' he says. ... Since its creation, Miguel says he’s been enriched by Module 7, grown his knowledge, and built stronger ties with the TRIUM alumni network."
Faculty News

Professor Richard Levich is quoted in a feature story on the costs associated with converting currency

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Excerpt from The Wall Street Journal -- "'Most Americans have limited familiarity with how foreign-exchange markets work,' says Richard Levich, professor of finance and international business at New York University’s Stern School of Business."
Faculty News

Professor Arun Sundararajan is featured in an opinion column on trust in the sharing economy, explaining how these digital platforms have become an integral part of the geopolitical landscape

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Excerpt from The New York Times -- “'These platforms are an integral part of the geopolitical landscape, because in some ways and for a different set of reasons their power is approaching the power historically held by nation states,' Arun Sundararajan, a professor at New York University’s Stern School of Business and author of 'The Sharing Economy,' said."
Research Center Events

Executive Education Short Course: Sustainability Training for Business Leaders

This course is designed to assist executives in developing the knowledge, skills and perspective they need to understand and address these environmental and social challenges for their company. 
Faculty News

Professor Michael Posner is quoted about election meddling on Facebook; recent research by the Center for Business and Human Rights about Russian influence on U.S. elections is referenced

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Excerpt from The New York Times -- "'This is not a one-time event limited to the 2016 election,' said Michael Posner, the director of the Center for Business and Human Rights at New York University’s Stern School of Business, which recently published a report about Russian influence campaigns. 'It’s a daily drumbeat. These are entities trying to disrupt our democratic process by pushing various forms of disinformation into the system.'"
Faculty News

As a guest co-host, Professor Kim Schoenholtz discusses monetary policy on “Bloomberg Surveillance”

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Excerpt from Bloomberg -- "...Central Banks have been given the mandate to maintain price stability and The Bank of Japan is doing its best to try and achieve the stated numerical goal of two percent inflation. They haven't gotten there yet, they can't declare that they have accomplished the mission and for that reason they're maintaining the very aggressive, ultra accommodative posture that they implemented years ago."
Faculty News

As a featured guest, Professor Kim Schoenholtz explains why central banks must communicate and discusses the importance of transparency

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Excerpt from Bloomberg -- "I think the transparency is a big plus. Think of it this way, by being transparent they condition us to anticipate their behavior. We know the things that drive them, whether it's strong growth or rising inflation, we know what changes their policy, we know that when they're running a very accommodating policy, they are going to be uncomfortable with it if the economy is already doing well, they are going to want to get back to something like normal. Because we know that, we can anticipate it and it shows up in market prices long before they act."
Faculty News

Professor Alixandra Barasch’s advice on how to stay connected on social media without detracting from your vacation is featured as the “Tip of the Week”

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Excerpt from The New York Times -- "'Keep your social media habits contained to your desktop computer,' Dr. Barasch suggested. Delete apps like Facebook and Instagram from your phone, and share your photos when you get home."
 
Faculty News

Insights from Professor Adam Alter's book, "Irresistible" are featured

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Excerpt from Inc. -- "According to Adam Alter, associate professor of marketing at New York University and author of the recent book Irresistible, more screen time tends to make people less happy and healthy. In fact, a recent study found that people who use multiple social media platforms have three times the risk of depression and anxiety."
 
Research Center Events

Executive Education Short Course: Operational Risk: Frameworks and Strategies for OpRisk Management under Basel III

This course will provide a sound theoretical foundation from which to explore cutting-edge OpRisk techniques under a changing regulatory environment, including an overview of the latest updates to the Basel Accords.
Faculty News

Professor Nicholas Economides' joint research on mobile money in Tanzania is highlighted

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Excerpt from The Citizen -- "A paper titled, 'Mobile Money in Tanzania' by Nicholas Economides and Przemyslaw Jeziorski published on July 29, 2016, notes that 'in developing countries, mobile telecom networks have emerged as major providers of financial services, bypassing the sparse retail networks of traditional banks.'”

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