Experience Stern | News & Events

Excerpt from Bloomberg -- "I think everyone's taking a cue from Steve Jobs and Apple and that is you build suspense, you make an event out of something even perhaps when there isn't an event. Perception is more important than reality."

Excerpt from the Huffington Post -- "These goals are in sharp contrast to the present situation, in which many large corporations have just one goal: maximizing the return to the shareholders. In fact, this goal has now become so dominant that it is often thought to be a legal requirement. It definitely is not."

Excerpt from US News -- "'If they see it via Facebook, I'm not sure someone is going to change their 401(k) contributions,' says Hal Hershfield, an assistant professor in the marketing department at New York University's Stern School of Business, and coauthor of the original marketing research. 'If, on the other hand, they are actually in the mindset of trying to get more information about retirement, I think this could have a measurable impact on the types of decisions that they make.'"

Excerpt from NBC News -- "I think what they`re trying to do is to get in front of this issue as much as they can."

Excerpt from Reuters -- "The euro zone periphery recession will continue in 2013: Fiscal austerity is ongoing; the euro is still too strong; periphery banks have capital shortages and liquidity concerns, and thus are achieving required capital ratios by contracting credit and selling assets; and consumer and business confidence is still depressed given falling output and employment."

Excerpt from Reuters -- "Those effects of global climate change leading to extreme weather events are going to become more significant and more costly in the next few years. And what are we doing about it? Nothing."

Excerpt from the Financial Times -- "Larry White, the New York University professor who argued for eliminating ratings from prudential regulations, admits it is hard work. 'You need more regulators, you need them to be well paid and you need them to be respected.'"

Excerpt from the Economic Times -- "Damodaran says that the moment a complex tax system is created, it is the super rich who are best placed to exploit such a system, negating what is often the principal motivating factor behind higher rates, the desire to reduce inequality."

Excerpt from the Wall Street Journal -- "To screen out such 'closet indexers,' Prof. Amihud uses a statistical measure called 'R-squared' to observe how much of active fund managers' returns can be explained simply by the index."

“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."