Experience Stern | News & Events

Excerpt from the Harvard Business Review -- "...for Mexico’s long-term economy, the question of who will be the next U.S. president was never pivotal. To judge Mexico’s economic future, you might want to pay closer attention to the Mexican Hass avocado and less attention to the price of the peso."

Excerpt from The Wall Street Journal -- "Businesses face similar challenges in asking the right questions and collecting accurate data. The human tendency to rely on data that reinforces what is already known can inhibit organizations from making sound strategic decisions, said Vasant Dhar, a professor at New York University’s Stern School of Business and the NYU Center for Data Science."

Excerpt from the Financial Times -- "For example, one recent study (by Katherine Milkman, Modupe Akinola and Dolly Chugh) sent 6,500 emails to professors from a fictional student, requesting a 10-minute meeting to discuss applying to a doctoral programme. The emails were all identical except for the race or gender of the imaginary applicant. Generally, emails from white men were more likely to receive a response. But this was true for almost all subjects -- economics was not particularly blameworthy."

Faculty, alumni and practitioners discussed how technology is reshaping the finance industry at NYU Stern’s First Annual FinTech Conference on November 9.  

Excerpt from MetroMBA -- "The effort to naturally integrate returning military veterans is not just limited to the school, says Raghu Sundaram, vice dean of MBA programs. 'A part of it is professional: connecting them to alumni who are themselves veterans and who can act as mentors, assisting in this transition process and to corporations who hold special events for veterans,' Sundaram says. 'And a part of it is social, allowing them to bond with each other even as they get to know the school and the city.'"

Excerpt from Bloomberg -- "'Postponement of debt restructuring and the possibility of a new -- fourth -- program would be huge political blows to the government, and they can lead to early elections,' Nicholas Economides, professor of economics at Stern School of Business, New York University, said."

Excerpt from WIRED -- "New York University management professor Anindya Ghose suggests that the best way forward might be for a large company to acquire Twitter and then sell shares to a new co-op, creating a sort of hybrid model."

The Ross Institute of Accounting Research hosted a Roundtable on Recent Trends in Non-GAAP Reporting on November 7.

Excerpt from Barron's -- "In this provocative book that should cause investors to rethink their assumptions, Baruch Lev and Feng Gu indict the accounting rules that are supposed to give the financial data meaning."

Excerpt from Bloomberg -- "'If we could be running it much closer to full capacity, all of the shortages, bottlenecks and constraints' would surface, Romer said in an interview Thursday in Washington."

Excerpt from The Atlantic -- "Missing from growth are many things: health, distributional aspects of growth patterns, sense of security, freedoms of various kinds, leisure broadly defined, and more."

NYU Stern's marketing department hosted a conference as part of the NYU Stern/CBS Media Analytics Initiative.

On Friday, November 4, the Graduate Finance Association will host its 21st annual conference, themed "Navigating Uncertainty: The Future of Finance in a Changing Marketplace."

Meet Stern faculty and current PhD students and learn more about the Stern PhD Program at the Fall 2016 Open House.

Excerpt from Bloomberg -- "The volatility is pretty low right now. We see how it moves up every now and then. I see the vixes going up relative to air volatility measures, which means, I think it's got something that thinks it's worried about in the future, and I suppose that's the election next week."

Excerpt from TED blog -- "'Both sides are right about something,' Haidt says. 'There are a lot of problems in the country, but neither side is capable of seeing them all.'"

Excerpt from the Financial Times -- “'He was very involved with the big banks during his Atlantic City days, but none of that worked out well for the banks,' says Roy Smith, a former Goldman Sachs partner who is a professor at the New York University Stern School of Business. 'I don’t know anyone in a top position at a major publicly traded financial firm who is for him.'"

The Risk Roundtable featured a lecture by Ian Bremmer, one of the preeminent thought leaders on foreign policy and global political risk.

Excerpt from Bloomberg -- "Arun Sundararajan, professor at New York University’s Stern School of Business and author of 'The Sharing Economy: The End of Employment and the Rise of Crowd-Based Capitalism,' makes the point with a few specific examples: There are 80 million power drills in the U.S. and on average each is used just 13 minutes during its lifetime; there are 250 million cars in the country and most do nothing more than take up parking spaces or fill garages; millions of dwellings have spare rooms that sit empty; unworn clothing fills closets."

Excerpt from Poets & Quants -- "'We’re thrilled to be able to honor men and women of the armed services,' Henry says. 'We believe in producing leaders who can transform the 21st century, and we think veterans embody so many of the characteristics we think are essential.'"

Excerpt from OZY -- "Simply because someone started a successful company in a certain industry does not mean that they can replicate that, or that they can identify it in somebody else.'"

Excerpt from US News & World Report -- "In addition to workers, states could also set up visas for entrepreneurs and smaller-scale investors – categories that don't currently exist in the federal system. Canada and Australia have similar regional migration programs. These programs have created greater population and employment growth, according to Cato Institute research by Brandon Fuller and Sean Rust. And the stakeholders are happy with the results."

Excerpt from Financial Advisor -- "'A lot of financial advisors make their money through relationships with asset management companies. That may be much more difficult to do in the future. The technology will raise questions whether investors need to have investment companies involved at all in executing and settling their trades,' said New York University Stern School of Business Finance Department Chair David Yermack, who gave what may have been the first major presentation to the SEC on blockchain."