Experience Stern | News & Events

Excerpt from Poets & Quants -- "Things have looked pretty solid on the internship front for Stern MBA students over the last three summers. In that span, more than half of MBAs (50.6%) secured their interviews through school-facilitated interviews, while just under a quarter — 23.3% — got their summer gigs through on-campus postings. For the Class of 2019, 100% of students seeking internships secured them. In the Class of 2020, more than 86% found their summer internship directly through a Stern-supported activity."

Excerpt from Bloomberg -- "'For the U.K. in particular, the question is the status of its enormously influential and powerful financial system globally. It's possible for Brexit to deliver a short-term hit, and then the U.K. develops a rather important but somewhat different place in the global economy. I wouldn't necessarily be pessimistic about the longer-term, as opposed to the adjustment period.'"
 

On Tuesday, October 15, the Stern student clubs Social Impact & Sustainability Association and Net Impact will co-host an event featuring Stern alumni in leadership positions at PVH, Subway, and West Elm. Panelists will discuss the state of business and sustainability today, as well as what it means to be an intrapreneur, leading initiatives around environmental and social impact from within their organizations.

Excerpt from MarketWatch -- "The Upper Midwest and swing states are hit the hardest, Michael Waugh, a professor at New York University’s Stern School of Business, and the author of one of the new studies, told MarketWatch. 'These results suggest that Chinese retaliation is leading to concentrated welfare losses in the U.S.,' he wrote."

Excerpt from CNBC -- "'Both VCs and public market investors play what I call the pricing game. What VCs are pricing in, which is scaling up and not a great business model, is not what public market investors seem to be wanting at least for the moment.'"

Excerpt from Yahoo Finance -- "Further, Neuman points to a recently published research paper by academics Baruch Lev and Anup Srivastava, "Explaining the Demise of Value Investing," which further supports the assertion that the likelihood of a resurgence in value investing seems low."

Excerpt from Glossy -- “'The denim market has changed since the early 2000s. [True Religion’s] old consumers aren’t as relevant [to the brand], and all these new users have no idea who the brand is or perhaps what it stands for, because they’ve seen a fragmented, scattered effort over the last eight years. It’s really hard for a brand to make a new first impression,' said Allen Adamson, co-founder of brand consulting firm Metaforce and NYU Stern adjunct professor."

Excerpt from Barron's -- “'I think there is a general trend of exaggerating how well universities do,' says David Yermack, professor of finance at New York University Stern School of Business. 'Even the very top performers are lucky to do average, and as a group they do worse than average. They would all be better off if they just owned index funds.'”

Excerpt from 24 Horas -- “‘I think part of the reason that trust in traditional institutions is falling is because people are getting used to using a different source of trust in their everyday economic activities… I think it’s very important to note that although we are basing a lot of the collaborative economy on digital trust systems, these can not exist in isolation.’”

Excerpt from The New York Times -- "In recent research, the New York University economists Petra Moser and Shmuel San examined the economic effects of the national quota system of the 1920s. That was the last time the United States engaged in mass immigration restrictions based on ethnicity."

Excerpt from Find MBA -- "'Generationally, there seems to be more concern for these types of issues,' says NYU Stern School of Business professor Anthony Marciano, who is faculty advisor of the Michael Price Student Investment Fund (MPSIF). Indeed, 86 percent of millennials (20-somethings) say that sustainability is a priority for them in their investments, according to research by JPMorgan Private Bank."
 

Excerpt from Forbes -- “'No one will believe again that having an app for booking a conference makes you a tech company,' says Scott Galloway, a professor of marketing at NYU Stern School of Business and an outspoken WeWork critic. He adds, 'If the new co-CEOs come back with a harsh but feasible plan, they announce new capital from SoftBank, this could be a company where it's, I would call it, $5-to-$10 billion—if they execute perfectly.'”

Excerpt from The Verge -- "In a new filing, a group of seven economists and antitrust experts say the court should reject the DOJ’s proposed solution, calling it 'doom[ed] ... to failure' and 'a remedy that does not meet the standard of restoring the competition currently provided by Sprint.'”

Excerpt from CNN Business -- "'The challenge around packaging is not going to go away,' said Tensie Whelan, director of NYU Stern School of Business's Center for Sustainable Business. 'Growing regulatory scrutiny of it is not going to go away. Growing consumer concern about it is not going to go away. And growing cost of waste disposal and the environmental impact is not going to go away.'"
 

Excerpt from CNET -- "'Instagram is a FOMO engine. It shows you that other people are leading incredible lives and doing incredible things that you aren't doing,' Adam Alter, associate professor of marketing at the New York University Stern School of Business, said in an email.
 

Excerpt from WalletHub -- "A credit card can be useful: It allows an individual to delay the payments for purchases when cash-on-hand is short. But the use of a credit card also means taking on additional debt: If the individual is careless in spending and thus the accumulation of that debt, then repaying the debt can become difficult; late fees accumulate; personal bankruptcy and/or a bad debt record follows; and then other aspects of the individual's life become more difficult as well."

Excerpt from Los Angeles Times -- They know more about their subscribers than anybody else,' said Aswath Damodaran, a finance professor at New York University’s Stern School of Business. 'They need to figure out a way and take that information from their subscriber base and be more focused.'”
 

Excerpt from Vogue Business -- "Still, India remains a promising untapped market for brands from Alexander McQueen to Valentino. 'These negative developments are short-term hiccups,' says Anindya Ghose, a business professor at New York University who studies Indian retail. 'I can see the battle lines being drawn between Amazon, Walmart and Reliance.'"

Excerpt from Bloomberg -- "Next week marks the 50th anniversary of the Nobel Prize in Economics, as it has come to be known. It was first awarded in 1969 by the Swedish central bank as an addendum to the other, much older, Nobel prizes (and is correctly known as the Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel). This upstart status subtracts nothing from the esteem, or cash, according to the laureates. The latest winner, or winners, will be announced Monday."

On Wednesday, October 9, NYU Stern's Management Communication Program will host its second Speaker Series featuring Lindsey Dietschi (MBA '11), Vice President of Global Health Partnerships at Pfizer and Stern Adjunct Faculty member.

Excerpt from Poets & Quants -- "At New York University, Parbs Anant always looked forward to her Professional Responsibility and Leadership course – despite the course being held in the morning and requiring her to take stands on 'controversial' issues. The reason? Her professor, Shelly London, fostered a comforting environment where students felt safe and supported in exploring and formulating their positions."

Excerpt from This is Money -- "The SME Z-score, created by Altman and one of his former students, Gabriele Sabato, follows the same model but determines whether or not a small company is likely to fail. Currently it covers all unlisted businesses with an annual turnover starting around $1million (£815,000) up to $150million (£122million) across Europe."

Excerpt from Gizmodo -- "The bigger picture is that blockchain will affect all sectors that rely on secure data transacted among many participants, which is basically all sectors. This fall Walmart’s leafy green suppliers will be required to use the IBM blockchain built for supply chain logistics. This is not an accident, because leafy greens are often the site of food borne illnesses and the cause of expensive recalls."