Experience Stern | News & Events

“What does it take to win?” asked retired US Army General Stanley McChrystal, former commander of the International Security Assistance Force and US Forces in Afghanistan, on Friday evening in NYU Stern’s Paulson Auditorium. Hosted by the TRIUM Global Executive MBA Program, an alliance among NYU Stern, the London School of Economics and Political Science, and HEC School of Management in Paris, General McChrystal spoke candidly about lessons in leadership to more than 200 students and alumni.

On January 11, 2013, NYU Stern hosts its inaugural India Business Forum in Mumbai, India. Stern's world-class faculty, and India's top corporate leaders and policymakers will take part in this full-day event, “India in the 21st Century: From Potential to Progress.”

Excerpt from the Economic Times -- "The government ownership in these banks is nearly 60%. Usage of coercive rights means that the government will be able to reduce its contribution to less than Rs 7,500 crore while retaining its ownership share intact, with the remaining amount in excess of Rs 5,000 crore coming from public shareholders."

Excerpt from Bloomberg -- "'It’s very difficult to turn a bond house or an equity-trading house into an investment bank unless you’re playing with big money,' said Roy Smith, a finance professor at New York University’s Stern School of Business and a former Goldman Sachs Group Inc. (GS) partner in charge of that firm’s London office."

Excerpt from Marketplace -- "'The economic development of Asia is just creating wealth at a sometimes astonishing rate,' says Richard Sylla, an economics professor at New York University’s Stern School of Business."

Excerpt from The New York Times -- "Product innovation separates the winners from the losers when it comes to brand revivals, said Scott Galloway, a marketing professor at the Stern School of Business at New York University. 'Brands lose value because they get fat, dumb and happy,' he said."

Excerpt from LiveMint -- "What is common between Aswath Damodaran and Forrest Gump, one a widely published professor of finance at the Stern School of Business at New York University and the other a naive, unintelligent fictional hero? Well, both got lucky with investments in shares of Apple Inc."

Excerpt from China Daily -- "'We have a number of foreign students at our New York campus, and I very much enjoy the difference in perspective they bring to class,' said David Backus, who teaches economics at NYU's Stern School of Business and was involved in the preparations for the Shanghai campus during a 2011 visit."

For more than a decade, banks and retailers have been using “big data” to draw actionable conclusions from data they collect through commerce. Now, two NYU Stern researchers say big data can help solve major societal problems, like reducing the skyrocketing cost of healthcare in the US while improving quality.

Excerpt from Bloomberg BusinessWeek -- "'There’s no question that advertisers are looking for other ways of reaching people, whether through mobile or other venues like retail,' says Russell Winer, chair of the department of marketing at New York University’s Stern School of Business."

Excerpt from The Economist -- "The paper, by Marti Subrahmanyam of New York University, Dragon Yongjun Tang of the University of Hong Kong and Sarah Qian Wang of the University of Warwick, looks at the effects of credit-default swaps (CDSs) on the companies these instruments were written on."

Excerpt from Bloomberg -- "The law doesn’t bar longer-term wagers. That leaves room for other risky investments, according to Matthew Richardson, an economics professor at New York University’s Stern School of Business."

Excerpt from Forbes -- "An authority on power and politics within organizations, Magee teaches at New York University‘s Stern School of Business. In order to be successful at work, he recommends employees get curious about their bosses’ backgrounds, their goals, their values and their day-to-day management styles."

Excerpt from MSNBC -- "In the face of great peril – at least, that’s what they tell us – these men and women elected ‘by the people’ are refusing to obey the will of the electorate. According to Haidt, this is the result of morality – which leads like-minded people to link up, and ignore their surroundings."

Excerpt from TED -- "Fortunately, we are the world’s experts in how to promote diversity. People are beginning to recognize that we need to be more careful about the things we say — about the things that might inadvertently create a hostile climate."

Excerpt from the Financial Times -- "While top-branded universities will face tough competition, they will still offer a competitive advantage because their brand carries weight among consumers. If they can expand the online market and combine it with a high-touch offering through their bricks and mortar, they can create solid niches for themselves."

Excerpt from the LA Times -- "Scientists such as Jonathan Haidt of New York University have shown that we frequently feel rather than think our way to moral judgments; in general, the more affective parts of our brains generate quick, intuitive, moral decisions ('I can't tell you why, but that is wrong, wrong, wrong'), while the more cognitive parts play catch-up milliseconds to years later to come up with logical rationales for our gut intuitions."

Excerpt from HuffPost Live -- "We have to use the advantages and the possibilities that we have in this country to produce products that are better and cheaper produced here and better produced here and similarly, products from abroad that are made cheaper abroad and more appropriately there."

Excerpt from Marketplace -- "Alter says this moment -- of decreased self-worth when compared to others -- is when consumers are vulnerable to buying scare items."

Excerpt from the Boston Globe -- “Early on I would have said, ‘We’ve got to think about our future self as a direct extension of ourselves now ... But now I think ... it’s fine to think about that future self as another person -- it just has to be another person you feel close to and have a lot of overlap with.”

Excerpt from CNBC -- "The eleventh hour deal reached to avert the fiscal cliff in the U.S. merely masks the bleak long-term outlook for the country, Nouriel Roubini said in an opinion piece published in the Financial Times newspaper on Thursday."

Excerpt from the Harvard Business Review -- "Our mobile devices are powerful computers connected to high-speed networks. The digitization of social brings real-world trust and social capital online. We are comfortable with the notion of commercial transactions mediated by computers or smartphones, and we've had over ten years of experience with the idea of semi-anonymous peer-to-peer exchange."

Excerpt from the Financial Times -- "The deal reached in Washington on New Year’s day prevented the US economy from falling off the so-called fiscal cliff. However, given the dysfunctional nature of the American political system, it won’t be long before there is another crisis."

Excerpt from Globe Asia -- "To illustrate just how dangerous the conventional wisdom about the money supply can be, let’s revisit former Fed Chairman Paul Volcker’s highly praised inflation squeeze, which was ably profiled by Prof. William Silber, in his recent book 'Volcker: The Triumph of Persistence' (Bloomsbury: 2012)."

Excerpt from the Washington Post -- "That is the nature of education, to be sure. In their purest form, market concepts of cost-effectiveness don’t neatly apply to what universities do, for reasons well explained by economist William Baumol of New York University’s Stern School of Business."