Experience Stern | News & Events

Excerpt from The New York Times -- "Option B asks applicants to describe themselves using 'almost any method to convey your message.'...Because this is business school, not 'America’s Got Talent,' prepared submissions — videos, slides, songs, art projects — matter more for the insight they offer than the artistry they display. 'This is definitely not a creativity contest,' says Isser Gallogly, assistant dean of M.B.A. admissions at Stern."

On July 30, the NYU Stern Center for Innovation in Teaching and Learning will be honored for its work on Langone Lab Orientation with the 2014 Campus Technology Innovators Award at the 21st Annual Campus Technology Conference.

Excerpt from Business Insider -- "New York University’s Stern School reported an impressive 11.3% drop in average MBA debt to $93,832 from $105,782 in 2012. Stern Dean Peter Henry says a major concern for him is “accessibility” to higher education. One of his top priorities is to raise more money for scholarships for both undergraduate and graduate students. The reason average debt is down at Stern, he says, is increased funding for scholarships and a new program that forgives loans if a graduate pursues a career in the social sector."

Excerpt from Financial Times -- "Relying on cyclical patterns to judge economic and financial trends may not be as dependable as it once was because of the structural changes in financial markets. Compared with just a few decades ago, financial markets are huge, trading activity is huge and financial assets are highly concentrated in relatively few institutions that are deemed too big to fail."

Excerpt from The Wall Street Journal -- "[Anish] Patel, 20, is the founder of Uplift Humanity, a New Jersey-based nonprofit that works with orphans and imprisoned youth in India. It’s an organization he founded four years ago, following a series of annual family vacations to Gujarat. 'My yearly trips to India gave me a new understanding of how luck defines the circumstances you are put in,' he said. 'I believe these kids deserve a second chance.' ... Mr. Patel’s organization focuses primarily on youth who are caught in a cycle of poverty and theft. “You can work on confidence-building and anger management. The kids who come to these facilities struggle with low self-esteem and it’s a major factor as to why they turn to things like theft,” he said."

Excerpt from BusinessBecause -- "NYU Stern created the Social Impact Internship Fund, a financial stipend of up to $10,000, which supports first-year full-time MBA students who wish to complete a summer internship working at the intersection of business and society. Several other schools have followed suit. Recipients have worked with nonprofit organizations [and] for-profit social enterprises, and started their own social ventures."

Excerpt from MBAPrograms.org -- "NYU Stern graduates should feel confident that their education has prepared them not only for the next step in their career after the MBA, but also for a future of career opportunities. While at Stern, students learn from our world-renowned faculty while also gaining hands-on experience in management and leadership through a variety of programs such as the Leadership Development Initiative, Board Fellows Program and Stern Consulting Corps. This combination of theory and practice prepares students to transform challenges into opportunities and create value for business and society."

Excerpt from Campus Technology -- "Georgieva and her colleagues hope the program will expose students to a process of collaborative learning that maintains a balance between creative intuition and analytical rigor; challenges students to 'think disruptively;' facilitates experiential learning using digital tools; and inspires students to envision new possibilities for their future careers. It also establishes the notions of participation, collaboration and authentic learning as cultural mainstays of the business curriculum."

Excerpt from CNBC -- "'I really think SnappyScreen is going to be the next big thing for sunscreen application. We're not only going to make this easier for people but really provide something that is going to help the epidemic of skin cancer,' McClellan said."

Excerpt from Wine Spectator -- "'For me, the highlights of the trip were lunches at Pichon Baron, where I got to have a wonderful chat about the wine biz with AXA managing director Christian Seely, at Phélan Ségur, where we were just blown away by their hospitality and the wines, and then of course dinner at Châteaus Palmer and Lafite,' said Adam Teeter, a team member on NYU Stern."

Excerpt from The Wall Street Journal -- "Because most B-school applicants come from the working world, the personal statements help admissions officers understand why a candidate is pursuing a particular path, said Isser Gallogly, Stern's assistant dean of M.B.A. admissions."

Excerpt from Financial Times -- "The excursion to West Point – on a sprawling pastoral campus by the Hudson River – was part of Stern’s leadership development initiative, a supplemental MBA programme involving workshops, guest speakers and field trips. Caitlin Weaver, the director of the initiative, says the missions give students an opportunity to practise leadership skills such as 'setting a vision, communicating a vision and managing conflict' within a group. 'We chose an activity that leverages the deep traditions and leadership practices within the military.'"

Excerpt from Poets & Quants -- "In this day and age of the incredible shrinking essay, this is one that allows you to communicate a lot about yourself in a small space. The personal expression essay is a great way for people to show their uniqueness."

Excerpt from MetroMBA -- "'The focus of our project was to analyze Mexico City’s zoning regulations and assess their impact on the affordable housing supply,' said Laura Fox. 'We are affecting a longer-term momentum shift here. As MBAs we all want to be ‘boots on the ground’ and to get this tangible experience that has been really meaningful. No other MBA program has an urbanization program like Stern’s, and this project has been a fulfillment of why I came to the School.'"

Excerpt from The Economist -- "A much better policy, says Mr Angel, is to 'make room'—not with a detailed master plan of the sort that gave rise to ugly artificial cities such as Brasília, but with a 'platform' that can be built upon like Manhattan’s now-famous street grid. It was adopted in 1811 and allowed the island to be developed over time. Today’s fast-growing cities should establish expansion areas that can accommodate expected growth, plan arterial roads and public spaces, and secure the rights for both, says Mr Angel. This way streets can be built and infrastructure put in as needed."

Excerpt from Fortune -- "College is an excellent investment. We need to make sure that college is affordable and we need to be very clear about the kinds of college education that generate returns and those that don't."

Excerpt from MetroMBA -- "Dean Peter Henry of the Stern School of Business met with 37 part-time MBAs from East China Normal University (ECNU) as part of their NYU Stern Custom Program: East China Normal University (ECNU) International Enterprise Management Elite Program. The two-week program integrated high-end NYU Stern courses in global strategy, marketing, finance and operations, and visits with practitioners. Students gained insights on the current global corporate landscape, studied how international companies are operated and managed, and explored ways for Chinese companies to expand globally."

Excerpt from Entrepreneur -- "Success as an entrepreneur is 'less about the idea and more about the person,' Blecharczyk told an audience at a conference on the sharing economy at New York University’s Stern School of Business last week. 'All along the way, people said, "No, this isn’t going to work, don’t do this."'"

Excerpt from Forbes -- "Creative people have been pooling and exchanging resources for generations. Now, the emerging Internet-enabled sharing economy makes it easier than ever to swap, say, legal advice for lumber. That’s the kind of transaction that OurGoods, a new resource-sharing platform for artists, actually facilitates. OurGoods also serves 'designers, technologists, makers, farmers, and activists,' said co-founder and activist Caroline Woolard when we talked to her at the recent Sharing Economy Summit at NYU’s Stern School of Business. 'Artists have a lot of skills and also education, but don’t necessarily have money to pay each other to get their work done,' said Woolard."

Excerpt from MetroMBA -- "'I’ve always been an entrepreneur and I love the idea of working for yourself and putting passion into what you do on a daily basis,' Jon explains. 'Before Stern I was just an aspiring entrepreneur. The Stern MBA program has transformed me into a business executive with the skills and tools that I need to succeed as an entrepreneur.'"

Excerpt from MBAPrograms.org -- "The takeaways are learning what measurements from social media to use, and seeing the relationship between the actions you take on this platform and their results. 'The causal relationship is more useful and reliable than mere prediction,' says Ghose. All this, he adds, can improve one's management skills because they teach you how to use data to drive decisions."

Excerpt from MSN -- "'It's critical that you figure out who you are and be comfortable with it. What is important is what you do and how you do it, not where you come from or what you look like. That’s going to be very important for your future,' he said."

Excerpt from Bloomberg Businessweek -- No one expected a lovefest when Meera Joshi, the chairwoman of New York’s Taxi and Limousine Commission, and David Estrada, the vice president of government relations for ride-sharing startup Lyft, sat on a panel to discuss 'Regulation and New Business Models' at a recent conference at New York University. Lyft would love to operate in New York City, but city regulations prohibit the startup’s version of a taxi service, in which nonprofessionals use private vehicles to shuttle passengers. This is exactly the kind of regulatory obstructionism that infuriates proponents of the so-called sharing economy, but an audience expecting fireworks was disappointed. The mutual affection was so thick that several times the moderator apologetically noted his inability to create any contentiousness."

Excerpt from Entrepreneur -- "In an experiment conducted at the Stern School of Business at New York University in 2003, male and female graduate students who assessed the leadership capabilities of a real-life successful entrepreneur named Heidi were far more inclined to admire this accomplished individual when she was recast as Howard. Judging the likeability factor. Students given the case study about Heidi perceived her as 'selfish,' 'out for herself,' and 'a little political' -- in short, not as likable as Howard. When this experiment was replayed in 2013, substituting Kathryn and Martin for Heidi and Howard, students actually liked Kathryn slightly better than Martin (8 versus 7.6) -- but they didn’t trust her nearly as much (6.4 for Kathryn, 7.8 for Martin). As the evaluators explained to CNN correspondent Anderson Cooper, who staged the replay, 'men seem more genuine,' whereas women seem to be 'trying too hard,' making them less trustworthy."

Excerpt from Next City -- "Those five stages — technical possibility, social adoption, regulatory reaction, civil disobedience, and negotiated settlement — argued [speaker Clay] Shirky, are likely going to echo throughout the sharing economy over the next few years. And we’re at least on Stage Two; Shirky told of recently trying to street-hail a Manhattan taxi cab to take his nine-year-old daughter to dance class by waving his arms and scanning the horizon. His daughter’s assessment of that approach: 'Uh, Dad, don’t you have Uber?'"