Experience Stern | News & Events

Excerpt from BBN Times -- “To avoid further increases in the income and wealth inequality that stem from the sustained concentration of capital over the past 50 years, we must aim for a future of crowd-based capitalism in which most of the workforce shifts from a full-time job as a talent or labor provider to running a business of one—in effect a microentrepreneur who owns a tiny slice of society’s capital."

Excerpt from Bloomberg -- "A report issued on July 23 has a series of sensible recommendations for internet platform companies and governments around the world with defenses that would meddle with the Russian meddlers without impinging on civil liberties."

Excerpt from U.S. News & World Report -- "Gallogly says that Stern's 'Pick Six' essay, which asks MBA applicants to select six images that represent their identity and briefly describe what each image symbolizes, allows applicants to highlight the reasons why they would be a valuable addition to an MBA cohort. ... Hooker, who enjoys skiing and mountain biking, says the reason he included this photograph and caption in his MBA application is because he wanted the admissions committee to know about his appreciation of nature. The photograph shows Hooker exploring an ice cave in Oregon."

Excerpt from Innovation & Technology -- "If you were to study both Dean Kamen and Steve Jobs, you would say, 'These are both pretty weird guys.' They’re also people who very strongly decided, 'The rules all the rest of you are playing by don’t apply to me.'"

Excerpt from Medium -- "I see mentorship as a key ingredient to professional and personal development. I would have benefited from exposure to near-peer females who were working in technology. Also, I needed a coach to help me through the everyday challenges of working in a majority-male environment. Having a mentor early on could have helped me build stronger leadership amongst my male peers, and select professional development opportunities to facilitate my professional growth."

This course is a good fit for managers and senior executives who are responsible for choosing innovation projects and/or managing the innovation process within their organization.

Excerpt from The Huffington Post -- "Sharing IRCTC data as part of a disinvestment deal, he said, would mean that data given to the railways as a custodian would be passed on to unknown third parties. 'Companies should monetise data,' Dhar said. 'You should expect something very different from the government.'"
 

Excerpt from The Wall Street Journal -- "'The main flaw of this decision is that it’s so many years late. It has allowed Google to use an illegal practice to become dominant,' said Nicholas Economides, an economics professor at New York University Stern School of Business."

Excerpt from Global Finance -- "To help companies prepare for the possibility of a trade war, we’ve done some historical analysis. One of the key lessons was that trade may plummet but it will not perish. Companies need to be ready for a sudden disruption to supply chains or market access; but since trade does not dry up entirely during a trade war, they still need to pay close attention to international opportunities and threats."

Excerpt from Forbes -- "The most egregious valuation mistake that I see investment professionals make is mistaking pricing for valuation. Most investment professionals don’t do valuation, they do pricing. What I mean by that is that you price a number to a stock based on what other people are paying for similar stocks. Any time you use a multiple comparable you’re not valuing the company, you’re pricing a company."

Excerpt from Consumer Reports -- "'Many people don’t pay close attention when selecting the fund, and they find it easier to round off to zero rather than five,' says study co-author Xiao Liu, an assistant professor of marketing at NYU who focuses on consumer decision-making."

Excerpt from Refinery29 -- “Walmart was once famous for doing things like putting like Band-Aids next to fishing hooks and things like that. Something you don’t naturally associate, but once you see them there, it makes sense. So when people come in for something in one category, you can cross-sell, you can sell them something that compliments in the next product category by making sure they’re right next to each other.”

Exerpt from Find MBA -- "NYU Stern MBA student Vikram Gulati says: 'I really identify with the student population, and I am proud to say that we are probably the most collaborative among the top MBA programs.'"

Excerpt from Brookings Institute blog -- "In a paper to be presented at the 2018 Municipal Finance Conference at Brookings, Malcolm Baker and George Serafeim of Harvard Business School, Daniel Bergstresser of Brandeis International Business School, and Jeffrey Wurgler of the NYU Stern School of Business find that yields at issue for green municipal bonds are on average 0.06 percentage points below yields paid on otherwise equivalent bonds."

This program is designed to improve existing negotiation skills in order to optimize outcomes, enhance collaboration and expand relationships. Therefore, it is appropriate for senior executives, leaders, managers and professionals responsible for negotiating arrangements with clients, vendors, employees and other organizational stakeholders.

Excerpt from The Globe and Mail -- "New research by economists at New York University’s Stern School of Business suggests that the Trump administration’s mix of import tariffs and tax breaks skewed to wealthier Americans will produce the worst of all outcomes for U.S. workers. 'The worst policy mix is a regressive tax system with a high tariff,' economists Spencer Lyon and Michael Waugh conclude in a working paper for the U.S. National Bureau of Economic Research."

Excerpt from CNNMoney -- "'Consumers are creatures of habit,' said Allen Adamson, co-founder of growth strategy firm Metaforce and adjunct professor at NYU's Stern business school. 'Any change is often difficult for them.'"

Excerpt from the Economic Times -- "'The fact that Asian investors are backing or plan to invest in India is a clear sign that have reached a point where they can compete head-to-head with western VCs searching for the next Amazon or Uber in emerging markets,' argues Anindya Ghose, a professor at New York University’s Stern School of Business."

Excerpt from Poets & Quants -- "'It’s a brand new idea and a new concept,' NYU Stern’s Isser Gallogly, associate dean of MBA admissions & innovation, explained in an interview with Poets&Quants. 'We are looking for students who are not only capable academically but also capable in leadership, managing teams and having emotional intelligence. So we really asked ourselves what can we do to get more insight into a person’s emotional intelligence into their character.'"

Excerpt from Bloomberg -- "Despite its popularity, two major challenges in crowdsourcing practice are: how to wisely use the limited querying budget and how to identify reliable workers. This research aims at addressing these challenges by developing a dynamic learning algorithm for crowdsourcing under budget constraints with online detection of workers’ quality and tasks’ difficulty and proposing new bandit learning algorithms for worker quality control that utilize rich contextual information of workers."

Excerpt from CBS News -- "EQ requires someone to regulate their own emotions and empathize with others. It's not an attribute that can be quantified such as profit and losses, but it's a key skill for corporate leaders nonetheless, Gallogly said."

Excerpt from Bloomberg -- "I did expect the government to appeal. The government might not be able to reverse the decision -- that is, to not allow the merger at all -- but maybe will be able to impose various conditions. The way that the previous district court decision came, it came without any conditions whatsoever, and there is some evidence that, AT&T, post-merger, has increased the prices of cable distribution. So the government might have a good chance in imposing some conditions."

Excerpt from Yahoo Finance -- "'The liquidity faucet gets turned off pretty quickly in a recession,' says finance professor Edward Altman of New York University’s Stern School of Business, an expert on corporate bankruptcy. 'The default rate is going to go up, and go up a lot. It could get very ugly.'"

This course teaches participants to harness the full potential of large quantities of data to make more informed decisions at all levels of their organizations.

Excerpt from Project Syndicate -- "In fact, recent studies by Petra Moser and Heidi Williams, among others, find little evidence that patents boost innovation. On the contrary, because they lock in incumbents’ advantages and drive up the costs of new technology, such protections are associated with less new or follow-on innovation, weaker diffusion, and increased market concentration."