Experience Stern | News & Events

NYU Stern's Vincent C. Ross Institute of Accounting Research and the Salomon Center for the Study of Financial Institutions hosted a roundtable discussion this fall, convening academics, banking and accounting industry professionals, policy-makers and regulators, to debate key issues related to the Current Expected Credit Losses (CECL) standard, its implementation and its effects on lending and pro-cyclicality.

Excerpt from Fortune -- "Aswath Damodaran, the so-called dean of valuation and professor of finance at NYU’s Stern School of Business, says pricing depends on mood and momentum—and this year, 'the momentum shifted.'”

Excerpt from Association of MBAs -- "In this excerpt from When the President Calls: Conversations with Economic Policymakers, Summers talks to the book’s author, Simon Bowmaker, about contrasting leadership styles."
 

Excerpt from Person Place Thing -- "For me it's that connection between civil society and business which is what I do today that creates this opportunity for innovation and creation and actually tackling these challenges together. But you always need, in every single company, one person who will stand up and believe and try it."

Excerpt from Yahoo Finance -- "The work of Alixandra Barasch from New York University, Kristin Diehl at the University of Southern California and Jackie Silverman at the University of Pennsylvania has shown that taking pictures tends to aid recall when people consciously look for specific details or aspects to photograph. They called this 'volitional photo taking.'”

Excerpt from Retail Dive -- "'The deal that is allegedly penned between ABG and Saks will capitalize on the ghost of the creative brand that Barneys used to be by transforming it into a series of soul-less, licensed merchandise for mass consumption,' Thomai Serdari, a professor of luxury marketing and branding at New York University's Stern School of Business, told Retail Dive last week, adding that no amount of 'curation' or homage 'can be as groundbreaking as Barneys has been.'"

Excerpt from CNBC -- "It's very different than cryptocurrency like bitcoin or ether, which is decentralized, has no leadership, and relies on a community of people who compete to build the blocks that update the transactions. Because of the design of something like bitcoin, it really can only accommodate a small amount of traffic. But something with central management like libra could really grow to almost any size that you wished.'"
 

Excerpt from Poets & Quants -- "Now, Poets&Quants’ Professor of the Week, Nobel Prize-winning economist Robert F. Engle of New York University Stern School of Business, has created a new tool to measure systemic risk in the financial system, and hence the risk of a new global financial crisis."

Excerpt from CGTN -- “'I believe that in the long run we could see some benefit for tech investing in general,' says New York University Professor Arun Sundararajan, the author of 'The Sharing Economy.' 'The amounts of capital infused into companies pre-IPO aren’t quite as enormous and the valuations stay realistic until the company is subjected to the rigorous of the public market.'”

NYU Stern’s MS in Risk Management (MSRM) program, the first of its kind at a top business school and presciently developed before the 2008 financial crisis, is marking its 10th anniversary.

Excerpt from MarketWatch -- "That’s because brokerage commissions already were so low that they amounted to nothing more than a 'drop in the bucket' of total transaction costs, according to Aswath Damodaran, a professor of finance at the Stern School of Business at New York University. Therefore, he said in an interview, the move to zero commissions will not lead to significant cost savings for almost all investors."

Excerpt from TIME -- "TIME spoke to financial historian Richard Sylla, a Professor Emeritus of Economics and the former Henry Kaufman Professor of the History of Financial Institutions and Markets at New York University Stern School of Business and Chairman of the board of the Museum of American Finance in New York City."

In this advanced communication program, participants will practice developing and delivering well-crafted, concise messages with clearly defined intents that support their personal brand.

Excerpt from Bloomberg -- "'There is value here. There's a global brand that has evolved the workspace on a unit level--there probably are some properties that make money. The issue is, if you then back out the $43 billion in long-term leases that have an average duration of 15 years, you likely have a company that's not only worth less than $8 billion, it's probably got negative value.'"

Excerpt from MarketWatch -- "The senators’ measure has drawn support from some experts, such as Nobel-winning economist Paul Romer. 'We must get back to the conditions that make markets work: when consumers know what they give a firm and what they get in return,' Romer said in the lawmakers’ press release. Mandating portability will give people 'a realistic option of switching to another provider,' he added. The bill’s lengthy full name is the Augmenting Compatibility and Competition by Enabling Service Switching Act."

New York University Stern School of Business announced today that it is expanding the scope and renaming its celebrated Volatility Institute the Volatility and Risk Institute (VRI). 

Excerpt from The Washington Times -- "Experts have warned recently that Facebook remains vulnerable ahead of 2020, however, and Instagram maybe more than ever. A report published last month by the New York University’s Stern Center for Business and Human Rights warned that Instagram’s focus on images rather than words makes it an 'ideal venue' for spreading easy-to-digest disinformation, weeks after Facebook’s former head of security raised similar concerns."

Excerpt from Financial Times -- "Amy Webb is a futurist and founder of the Future Today Institute, which helps leaders look ahead and anticipate change. Also a professor of strategic foresight at New York University’s Stern School of Business, she recalls an early demonstration of a voice-powered app from a start-up called MindMeld."

Excerpt from Financial Times -- Data from the Securities Enforcement Empirical Database (SEED) on SEC settlements with public companies, jointly created by the NYU Pollack Center for Law & Business, is featured.
 

Excerpt from The Washington Post -- "'We are seeing again that the aim of the Russians is not exclusively to favor one candidate over another but to create divisiveness within the electorate overall,' said Paul M. Barrett, deputy director of New York University’s Stern Center for Business and Human Rights. 'The reason that networks of phony accounts are drawn to Instagram is because disinformation is increasingly visual in nature, and that’s what Instagram specializes in.'”

Excerpt from Financial Times -- "When Tensie Whelan, the former president of the Rainforest Alliance, joined New York University’s Stern School of Business, it was on condition that it establish a centre to support serious research into sustainability. Now she is running Stern’s Centre for Sustainable Business, she says: 'I’m looking at designing research that will help us best understand how to best design the next stage of capitalism.'”

Excerpt from Telegraph -- Mervyn King, the former Governor of the Bank of England, warned today that Brexit has dragged on 'far too long' and was preventing Government from addressing underlying issues within the UK economy."

Excerpt from Business Insider -- "Scott Galloway, the best-selling author and well-known tech-industry pundit, is a professor of marketing at New York University's Stern School of Business. His weekly business videos at Section4 and Winners & Losers have generated millions of views."

Excerpt from The Holmes Report -- "Adam Brandenburger, a professor at the New York University Stern School of Business who researches, writes and teaches about creativity, suggests two teams can strategize more creatively than one. Team A lists the strengths in your organization. Team B lists weaknesses. Then the teams swap lists."
 

On Friday, October 18, the Luxury & Retail Club will host its 13th annual conference, themed "Entrepreneurship, Innovation, and Incubation."