Experience Stern | News & Events

Excerpt from Global Finance Magazine -- "'On the academic side, you’ve got a new model; and in the real world, you have a real exchange for pricing them,' says Stephen Figlewski, professor of finance at the Stern School of Business at New York University. 'What the model really gives us is it tells us how to hedge and manage the risk of options.'"

Excerpt from Global Finance Magazine -- "'The faster the speed, the more it moves away, because you have so much power in your trading and there’s no one on the other side—it could accentuate the volatility of the market,' says Subrahmanyam. 'Liquidity is enhanced, price discovery is improved, but it could lead to a flash crash.'"

Excerpt from Poets & Quants -- "'JP Eggers for Strategy (core). As someone with little prior formal business education, having him my first semester was a very helpful way to get acclimated. The way he broke down cases and worked through frameworks reminded me of literature and history classes from my liberal arts degree.'
– Ward Wolff, New York University (Stern)"

Excerpt from Bloomberg -- "For example, a 2014 paper by John Asker, Joan Farre-Mensa and Alexander Ljungqvist found that 'compared to private firms, public firms invest substantially less and are less responsive to changes in investment opportunities.' Also, there’s evidence that founder-led companies tend to outperform."

Excerpt from The Wall Street Journal -- "Every major industry is vulnerable to disruption, said NYU Stern professor Arun Sundararajan. Managing that disruption, CFOs and other top executives will become more important than ever, Mr. Sundararajan said."

Excerpt from TheStreet.com -- "'This could make sense for smaller, non-systemic banks,' he said. 'For the larger systemic banks, 10% capital may not be enough, or 10% capital alone without other things like stress tests, like closer scrutiny, because these are the large systemic guys, these are the guys who, if they did get into trouble, could have contagion type effects.'"

Excerpt from WIRED -- "'If nothing else, you will see more caution, at least for the moment, in how founders present themselves in public,' says Aswath Damodaran, a professor of finance at NYU's Stern School of Business. ... 'This is a good illustration of how, if you place growth above everything else, it can lead to long-term repercussions for the company,' says Sundararajan."

Excerpt from Recode -- "'The majority of retailers will face this triple threat of stagnant wages in the middle class, a transition away from typical retail goods to more experiences and Amazon/fast fashion,' Galloway said on the latest episode of Recode Decode, hosted by Kara Swisher. 'And also the over-storing of America: We could lose a third of our retail space and probably not miss it.'"

Excerpt from Poets & Quants -- "'It’s a brand new idea and a new concept,' says Gallogly in an interview with Poets&Quants. 'We are looking for students who are not only capable academicaly but also capable in leadership, managing teams and having emotional intelligence. So we really asekd ourselves what can we do to get more insight into a person’s emotional intelligence into their character.'"

Excerpt from Luxury Daily -- "'It serves two functions. On the one hand, it allows technology to become a very handy platform through which the medium of fashion can be explained, illustrated and preserved all the while reaching a very broad public,' [Serdari] said. 'On the other hand, it also demonstrates Google's unconventional thinking in terms of classifying and discussing fashion.'"

Excerpt from Clear Admit -- "EQ endorsers with receive a definition of what IQ + EQ means at Stern and be asked to provide one specific compelling example that demonstrates the candidate’s EQ. ... 'Our hope through the EQ Endorsements is to get a lot more insight as to who candidates really are. We feel like this could provide a nice new dimension on an applicant that you usually can’t get until you interview them—something deeper and richer.'"

NYU Stern unveiled its new MBA application for the 2017-18 admissions season to enhance how the School will assess candidates on “fit” with its culture as well as program choice, given the range of degree options now available.

This program is designed for those who wish to better understand and further develop their skills and propensity to lead others. Therefore it is appropriate for individuals who are managing other people or teams or individuals with significant leadership responsibilities.

Excerpt from Bloomberg Quint -- "While disagreement among market participants has always been a feature of markets, seldom has there been such a divide between those who believe that we are on the verge of a massive correction and those who equally vehemently feel that this is the cusp of a new bull market, and between those who see unprecedented economic and policy uncertainty and market indicators that suggest the exact opposite."

Excerpt from eTurboNews -- "The McKinsey Global Institute sponsored a conference at the NYU Stern School of Business that focused on 'The Digital Future of Work.' Established in 1990, the Institute is the business and economic division of McKinsey that attempts to understand the evolving global economy. The organization provides leaders in the commercial, public, and social sectors with research and insights on which to base management and policy decisions."

Excerpt from Niche Hunt -- "With the rapidly growing amount of visual brand-related content consumers create on social media, images are a promising tools for marketers and brand managers to track their brands‘ performance.The study, Visual Listening In: Extracting Brand Image Portrayed on Social Media, published in SSRN by Professor Natalie Mizik of University of Washington, Liu Liu and Professor Daria Dzyabura of NYU Stern School of Business, proposes an approach to leveraging image data by extracting scores of brand perceptual attributes expressed in the images."

Excerpt from Bloomberg View -- "We find that funds with greater investment by insiders outperform funds with less 'skin in the game' on a factor-adjusted basis; exhibit greater return persistence; and feature lower fund flow-performance sensitivities. These results suggest that managers earn outsize rents by operating trading strategies further from their capacity constraints when managing their own money."

Excerpt from CBS News -- "The paper's authors -- NYU professors Theresa Kuchler and Johannes Stroebel; Ruiqing Cao, a graduate student at Harvard, and Michael Bailey, an economist at Facebook -- reached their conclusions by analyzing more than 1,200 Facebook accounts in Los Angeles County, noting their interactions with far-flung friends and matching those users, on an anonymized basis, to property transaction records."

Excerpt from the Financial Times -- "According to Scott Galloway, marketing professor at New York University, in the Trump era 'being perceived as a female-friendly firm is just smart'. There is currency for companies in being, or at least appearing, socially conscious, he says, arguing that this has shielded the 'big four' technology groups — Google, Amazon, Facebook and Apple — from scrutiny in Washington."

Excerpt from CNBC -- "'Dodd-Frank is just overly complex and burdensome. For the purpose of making the financial system safer, you can do a lot more of that with less complex and less burdensome regulation,' said Kim Schoenholtz, director of the Center for Global Economy and Business at NYU's Stern School of Business."

Excerpt from Reuters -- "New York University is planning a new course for undergraduates after launching a fintech specialization in its business school last year. ... NYU's undergraduate course, for instance, attracted enrollments from twice as many students as expected."

Excerpt from The New York Times -- "There are so many things going on. But one of the most dangerous is this new culture of safety-ism. The most important psychological truth I think we all need to know for raising kids or educating students is anti-fragility."

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 Spiceworks -- "If we go to a system without net neutrality, consumers lose the ability to make those choices. Instead, telecom and cable companies such as AT&T and Verizon are going to make those choices for consumers. The choices are going to be made by the telecom and cable companies, and not by the consumers."

Excerpt from Bloomberg -- "Philipp Schnabl, an economist at New York University, agrees with Brunnermeier that Europe and Japan are the places where ultra-low interest rates may be problematic. 'To emphasize, this is an unusual period we’re coming out of,' he says. 'There’s a lot of uncertainty in anything we say about monetary policy.'"