School News

NYU Stern Offers New First Year London Option for BS in Business Students

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In partnership with NYU Global Programs, NYU Stern’s Undergraduate College is offering students a First Year London option in its flagship four-year BS in Business Program for those applying to enter in Fall 2021 (the Class of 2025). Under this option, students will spend their first year at NYU London before returning to Stern’s NYC campus to complete the remainder of their degree program.
School News

Stern’s MBA upcoming admissions events are highlighted in a P&Q roundup of 2020-2021 admissions events at top b-schools

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Excerpt from Poets & Quants -- "In the wake of the pandemic, business schools have learned that prospecting doesn’t necessarily involve ritzy finger foods and crowded halls. Instead, success requires something more fundamental: a great value proposition and authentic relationship-building."
School News

As part of P&Q’s “2020 Best & Brightest EMBAs” series, Eaton J. Kuh (MBA '20) highlights the value of Stern’s Executive MBA: Washington, DC program and how he was immediately able to apply learnings from the classroom to his current professional role

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Excerpt from Poets & Quants -- “My proudest achievement during my time in Stern’s Executive MBA: Washington, D.C. Program has been consistently learning and immediately applying the knowledge Stern gave to me, whether it was strategy, analytics, finance, or leadership. It really made me feel that the program was a worthy investment, especially as I elevated my game. It also felt very good getting strong grades in a lot of the courses that I didn’t appreciate as much from undergrad now that I had more than a decade of professional experiences, especially in accounting, statistics, and finance.”
School News

Stern is highlighted in a b-school trend story on MBA programs that are the top feeders to the tech industry

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Excerpt from Poets & Quants -- "A few schools report the number of tech hires from each graduating MBA class by specific firms, among them NYU Stern School of Business, which sent nine MBAs to Amazon in 2019, as well as six to Google, four to Microsoft, and three to Facebook."
School News

Key takeaways from the recently-released 2020 Sustainable Share Market Index™, research by the Center for Sustainable Business and IRI, is spotlighted

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Excerpt from Financial Times -- "NYU Stern and IRI previously found that sustainability-marketed products drove almost 55 per cent of the growth in consumer packaged goods between 2015 and 2019, growing over seven times faster than products that make no such claims despite commanding an average price premium of 39 per cent."
School News

As part of P&Q's "2020 Best & Brightest EMBAs" series, Natasha Rankin (MBA '20) highlights the School's Executive MBA program and how her classmates enriched her experience

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Excerpt from Poets & Quants -- "In my professional position and now 47 years of age, gains in the number of friends one makes in a year frequently can be counted on one hand. Yet in business school, not only had I surrounded myself with over 60 incredibly smart, talented, and ambitious people who offered generosity of time and insight to me professionally, I’ve developed deep, enduring friendships with people who I never would have met had I not joined the NYU Stern Class of January 2020."
School News

Wilson Keng (MBA '20) reflects on his experiential learning course affiliated with Endless Frontier Labs (EFL), a program at Stern to accelerate early-stage science and technology-based startups, and how it led to a full-time job offer after graduation

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Excerpt from Clear Admit -- "Unique among business schools, the year-long course includes all-day sessions every eight weeks along two tracks: Life Sciences and Deep Tech. Startups from around the world apply to join the program where they are given the opportunity to be mentored by world-class scientists, investors, and entrepreneurs. Startups are given goals at each session and those who fall short are given feedback and cut. As an MBA student, you start the course by developing a framework and interviewing startups to help recommend which should be admitted. Afterward, each student is paired with a startup to work directly with the Founders on critical projects and participate in the all-day EFL meetings. One meeting that stood out to me was a pharmaceutical venture investor who told my startup, 'your business model gives control to the customer. You need to rethink the business model.' It was honest feedback that I had never considered."
School News

A recent report published by the Center for Business and Human Rights examining how social media companies have outsourced the critical function of content moderation to third-party vendors is highlighted

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Excerpt from MediaPost -- "However, critics don’t believe that social networks do enough to police their platforms. In a recent report, NYU’s Stern Center for Business and Human Rights took issue with networks’ reliance on third-party vendors for content review, which they said amounted to an outsourcing of responsibility for the safety of billions of users."
School News

Associate Dean for Diversity and Inclusion Gary Fraser is quoted in a b-school trend story exploring how business schools can further support their Black communities

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Excerpt from BusinessBecause -- "At NYU Stern, anti-bias training is being implemented in the MBA curriculum, while school leadership works with the Student Government’s Diversity Committee to diversify the business cases used in class....'As future leaders, it will be our students’ responsibility to eliminate systemic bias when they see it. As a business school, it’s our responsibility to educate students about this,' adds Gary from Stern."
School News

Current EMBA student Jay Freeman (MBA '21) explains why he looks at diversity in senior management before attending job interviews

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Excerpt from Bloomberg -- "Jay Freeman, an investment banker-turned-consultant who’s worked on corporate turnarounds and restructurings, looks at diversity in senior management before attending job interviews. 'At some point, you gravitate toward someone who has some tie of shared experience,' said Freeman, who’s Black. 'You want to be able to find people who will be an ally, or an advocate or a mentor -- those are all things that are part of the calculation.'”
School News

Insights from the Sustainable Market Share Index™, research by the Center for Sustainable Business and IRI, are featured

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Excerpt from The Grocer -- "Consumers prefer sustainable packaging and are buying more products with environmental credentials. Analysis by NYU Stern’s Center for Sustainable Business last year found market share growth of sustainability-marketed products was faster than their conventional counterparts."
School News

In a roundup of best MBA traditions at top business schools, recent alumna Rebecca Dewey (MBA '20) highlights Stern's Passport Day as an important community event where students can share part of their life experience outside the classroom

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Excerpt from Poets & Quants -- "'Passport Day is my favorite Stern tradition – and not just because it’s the day with the best food! Each year, student volunteers represent their heritage or country of origin at tables arrayed around a large tent in our plaza, serving food, wearing traditional dress, and sharing elements of their culture. Many student groups perform; highlights from last year included Chinese yo-yo, Argentine tango, and choreographed dances by the South Asian Business Society. It’s a wonderful community event where students can share part of their life experience outside the classroom and welcome partners and kids to share in the fun.' Rebecca Dewey, New York University (Stern)"
School News

Insights from the Center for Business and Human Rights' 2019 report, "Tackling Domestic Disinformation," are featured

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Excerpt from VentureBeat -- "Deepfakes are a major concern heading into the U.S. election this November. In a fall 2019 report about upcoming elections, the New York University Stern Center for Business and Human Rights warned of domestic forms of disinformation, as well as potential external interference from China, Iran, or Russia. The Deepfake Detection Challenge aims to help counter such deceptive videos, and Facebook has also introduced a data set of videos for training and benchmarking deepfake detection systems."
School News

In an in-depth Q&A interview, Executive Director of MBA Admissions Lisa Rios shares what makes NYU Stern unique, highlighting Stern Solutions experiential learning courses and projects, as well as Stern's emphasis on IQ+EQ

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Excerpt from Clear Admit -- "Students who choose to come to Stern’s MBA program develop the skills and mindset to embrace and drive change, and immerse themselves in an environment that fosters an entrepreneurial mindset. With our deep ties to industry, they gain access to the organizations and executives leading innovative solutions across global brands, nonprofits and startups throughout their MBA experience. For example, Stern Solutions experiential learning courses and projects give students opportunities to help a corporate partner solve a real business challenge in real time. Past partners have included Citi Ventures, the CFDA and BMW, to name a few. Students can also get involved with Endless Frontier Labs, a program at Stern for early-stage science and technology-based startups who apply from around the world, and through an affiliate course they can have a hands-on, front-row seat to learning how to scale a startup."
School News

Stern is recognized on FindMBA's "Top 10 MBA Programs for Working at a Startup" list

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Excerpt from FindMBA -- "At NYU Stern School of Business MBA students can join the NYU Startup Online Hub where they can discover and share startup job opportunities with the student body and alumni network. They can also highlight their skills and interests via an individual profile. On the platform students can also ask for help and share advice on working at a startup."
School News

Stern is spotlighted on U.S. News' "10 Best Business Schools for an International MBA" list

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Excerpt from U.S. News -- "International edge: Stern MBA students who specialize in global business can study emerging financial markets, international social impact strategies and similar topics, according to the school's website."
School News

Dean Raghu Sundaram is quoted in a peer-school roundup of b-school deans' reactions to the suspension of H-1B visas, noting that the restraints will restrict innovation, economic recovery, and the potential for economic growth, hurting all Americans

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Excerpt from Poets & Quants -- NYU Stern School of Business Dean Raghu Sundaram calls Trump’s move a 'zero-sum presupposition' and says it will damage the U.S. economy in ways that will hurt all Americans. 'We are deeply disappointed by the restrictions placed on high-skilled immigrants coming to the United States,' he tells P&Q, 'and by the zero-sum presupposition behind this move. These restraints will restrict innovation, economic recovery, and the potential for economic growth, hurting all Americans. Last fall we, along with many of our peers, signed an open letter to U.S. policymakers with GMAC to stress the importance of international mobility to the global economy — a position that has taken on new urgency and by which we unambiguously stand today and re-endorse.'"
School News

Five winning student venture teams from Stern's $300K Entrepreneurs Challenge, hosted by the Berkley Center for Entrepreneurship, are spotlighted; Profs Hegde & Franklin explain how the competition helps students navigate through the startup process

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Excerpt from American Entrepreneurship Today -- “'A common startup trap many would-be entrepreneurs fall into is developing a solution in search of a problem,' said Professor Cynthia Franklin, director of the Berkley Center for Entrepreneurship. 'With the help of our rigorous process, each of these teams identified a demonstrated and compelling market need as well as a clear path forward.'"
School News

Takeaways from the Sustainable Market Share Index™, research by the Center for Sustainable Business and IRI, are referenced

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Excerpt from Business Insider -- "Research from NYU Stern's Center for Sustainable Business, as reported by Harvard Business Review, says products with a sustainability claim made up 16.6% of sales in 2018, up from 14.3% in 2013."
School News

Data from a new report published by the Center for Business and Human Rights examining how social media companies have outsourced the critical function of content moderation to third-party vendors is cited

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Excerpt from Business Standard -- "Even Facebook moderators do blunders. Tasked with reviewing about three million posts a day, Facebook moderators make about three lakh mistakes in 24 hours in deciding what should stay online and what should be taken down, according to a new report from New York University's Stern Center for Business and Human Rights."
School News

Professor Dolly Chugh is recognized on Poets & Quants' "Favorite MBA Professors Of The Class of 2020" list

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Excerpt from Poets & Quants -- “'Dolly Chugh has been my favorite professor, and I’ve taken both her Leadership in Organizations and Managerial Skills classes. While I thought business school would be all “hard skills” classes, I’ve enjoyed the opportunity to hone my interpersonal skills and focus on the kind of leader I hope to be. Her interactive classes are inclusive of many learning styles, and I also loved reading her book, The Person You Mean to Be: How Good People Fight Bias. Each class session leaves me energized and excited to implement a new workplace management tool.'"
School News

Stern leads the trend story about teaching environmental, social and governance (ESG) investment strategies in which Professor Tony Marciano highlights setting up the ESG fund in the School's Michael Price Student Investment Fund

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Excerpt from Financial Times -- "Finance students at NYU Stern School of Business learn about environmental, social and governance (ESG) investment with the help of hard cash as well as lectures. They invest real money through a teaching fund that is at the heart of an experiential learning course. But setting up an ESG portfolio proved to be an education for staff as well as students. An array of ESG standards and metrics made the launch a time consuming process. 'Even once we’d started the fund and put the money in it, it took us at least a month before we bought our first stock,' says Anthony Marciano, a clinical finance professor at Stern, in New York City. Prof Marciano teaches the course based on management of the Michael Price Student Investment Fund, a family of funds with a value of about $2m. 'The other funds started from the get-go. With a value fund it’s easy to pick your benchmark,' Prof Marciano says. 'But we ran into a lot of complexities [with the ESG fund] that we wouldn’t have had with the other funds.'”
School News

Professor Deepak Hegde, Director of Stern’s Endless Frontier Labs (EFL), explains why there is no "one-size-fits all" approach to scaling a startup and outlines the fundamentals of growing a business, citing an example from EFL

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Excerpt from Business Insider -- When it comes to scaling your company, 'there is not a one-size-fits-all approach.' That's according to Deepak Hegde, associate professor of management and organizations at New York University. Hegde also directs Endless Frontier Labs, which helps technology and science startups scale. (One alum is Analytical Flavor Systems, a machine-learning and artificial-intelligence platform that predicts individual taste profiles that's now being leveraged to design boutique bread flavors.) For one startup, Hegde said, scaling might mean locating a large-scale manufacturing facility to get a product out to wider markets. For another startup, scaling might mean hiring a sales team.
School News

In a story dispelling the biggest b-school myths, recent alumnus Ari Schiff (MBA '20) reflects on the strength of the Stern community and how the School's location in NYC impacted his experience

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Excerpt from Poets & Quants -- "In my experience, students at Stern have the benefit of choosing to spend their time between a strong MBA community and the New York City community. If you thrive in a socially dynamic environment, you’d probably enjoy having the flexibility to choose to spend your time with classmates at Stern or with new friends you’ve made in the city. It’s the best of both worlds."

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