Experience Stern | News & Events

Excerpt from The Seattle Times -- “'Removing human nuance around something as sensitive around which drivers are barred or disbarred . . . is an effort to reduce costs and to abdicate responsibility,' said Scott Galloway, a professor of marketing at New York University’s Stern School of Business who has focused on the technology industry."

Excerpt from Popular Mechanics -- "The bigger worry is a sharp splintering of the online world, says Amy Webb, founder of the Future Today Institute and a professor of strategic foresight at New York University’s Stern School of Business."

Excerpt from Harvard Business Review -- "We explored patients’ receptivity to medical AI in a series of experiments conducted with our colleague Andrea Bonezzi of New York University. The results, reported in a paper forthcoming in the Journal of Consumer Research, showed a strong reluctance across procedures ranging from a skin cancer screening to pacemaker implant surgery. We found that when health care was provided by AI rather than by a human care provider, patients were less likely to utilize the service and wanted to pay less for it. "

Excerpt from Thrive Global -- "For a working relationship to be most effective, it needs to be built on trust — and a great way to build trust is to show your direct reports that you are reliable, and will prioritize your one-on-ones. In fact, 'consistency and regularity are probably more important than the actual frequency” of the meetings', Blader says."

Excerpt from Quartz -- "Edward Altman, in 1968, introduced the Altman Z-Score as part of a scholarly article published in the Journal of Finance. Altman, currently professor emeritus of finance at New York University’s Stern School of Business, analysed companies based on five financial ratios."

Excerpt from Ensia -- "Not only that, but a recent study by University of California, San Diego, neuroeconomist Uma Karmarkar and New York University associate professor of marketing Bryan Bollinger looking at consumption habits among people who brought reusable bags for grocery shopping found that making a moral or 'good” decision in one domain appeared to give people license to make more indulgent decisions in another.'"

NYU Stern's "In Conversation with Lord Mervyn King" series hosted Indra Nooyi, former chairman and CEO, PepsiCo, and Board of Directors, Amazon this fall.

Excerpt from Agenda -- “'The president is seeking to be punitive to the whistle-blower, and that would be absolutely inappropriate in the corporate setting,' says Karen Brenner, a veteran board director and executive director of law and business at New York University’s school of business. 'It’s my understanding that there’s a strong anti-retaliation protection in government, but right now it’s not being respected.'"

Excerpt from The Business Times -- "Prominent economists from China and the US including Joseph Stiglitz, Michael Spence, and three other Nobel winners say that the two largest economies should abandon trade issues and instead agree to form a new path for more latitude for both countries."

Excerpt from Poets & Quants -- "In theory, you could claim that starting a venture might distract students, taking time away from their studies, extracurricular activities, and networking. Certainly, Lia Winograd made tradeoffs while building Pepper at New York University. At the same time, she counters, she had access to a wealth of resources, and faculty advice – while being able to apply what she learned in real time. In other words, business school served as a safety net that kept the pressure at bay. Even more, she leveraged her alumni connections to amass early seed funding."

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."