Experience Stern | News & Events

Excerpt from Consumer Reports -- "'Once people have spent time searching a price, they are less likely to start over when they see the fees,' says Vicki Morwitz, a professor of marketing at the New York University Stern School of Business. 'They often mistakenly assume competitors will have the same fees,' she says."

The goal of the Advanced Retail Strategy program is to provide retail professionals with the tools and strategies to navigate the shifting industry standards with confidence.

Excerpt from LSE Business Review -- "More generally, our results highlight that individuals’ investment decisions are not made in a social vacuum. What we hear from our friends affects how attractive we perceive an asset to be, even if the experience of those friends arguably does not contain a lot of information that is relevant for the true valuation of the asset. This runs counter to the assumptions in many of our models meant to study the economy. On the flip side, this evidence might help us understand how the passing-on of optimism about the valuation of certain assets might lead to price bubbles in both the housing market and in the stock market."

Excerpt from Business Insider -- "'[Reference points] are used on price tags, these are used in advertising, this is used inside retail stores on signage — all of which are ways to try and get you to anchor on a particular price, so it is against that price that you would then evaluate the current offering,' Priya Raghubir, a marketing professor at New York University's Stern School of Business, told Business Insider."

Excerpt from Business Insider -- "'I think investors are finally getting fed up,' he said on a Recode podcast with Kara Swisher published on Friday. 'My prediction is within 12 months Tesla is sub $100 per share and it probably gets acquired because there's real value there.'"

Excerpt for AACSB blog -- "For Devna, the secret to a successful MBA application is to be authentic. 'As long as you come in with a clear sense of what you want, you will be successful,' she says. 'Business school is a big investment for sure, so the best thing you can do is go somewhere you are comfortable and you feel you can shine.'"

On May 20, alumnus Andre J.L. Koo (MBA ’94), Chairman of Chailease Group and recently named Chair of NYU Stern’s Board of Overseers (effective July 1, 2019), celebrated both the inaugural Andre Koo Technology and Entrepreneurship MBA students from the graduating Class of 2019 with a dinner, as well as the program’s incoming Class of 2020 MBA students with a welcome reception.

Excerpt for Apparel Resources -- "Remember the report released by New York University’s Stern Center for Business and Human Rights in May this year which underlined how factories in Ethiopia are making clothes for top global brands by paying their workers far less than counterparts in other low-paying countries."

Excerpt from Clear Admit -- “It’s been an exciting time here at Stern. In May, the inaugural cohorts from our two new focused one-year full-time MBA programs, the Andre Koo Technology and Entrepreneurship MBA and the Fashion & Luxury MBA, graduated. We welcomed the new cohorts of these one-year programs that same month.”

Excerpt from VICE -- "'It’d be much more helpful if Facebook would be much more clear of the principles they’re applying,' said Paul Barrett, a New York University law professor who’s studied domestic disinformation campaigns on social media. 'Their methods — whatever they are — of analysis and decision-making are surprisingly opaque.'"

Excerpt from VEJA -- (translated from Portuguese using Google Translate) "'Major football, NFL and NBA championships have the facility to garner a loyal audience because people do not often dodge their ads. No one wants to watch the Super Bowl the next day,' explains Paul Hardart, a professor at the New York University Stern School of Business."

Excerpt from The Wall Street Journal -- "'Given the exceptional increase in corporate debt at both the investment- and non-investment-grade ratings levels since just prior to the financial crisis in 2007,' said Edward Altman, a professor emeritus at New York University’s Stern School of Business, 'the impact on corporate defaults and bankruptcy filings could hit record levels coincident with the next economic downturn, possibly in 2020 or 2021.'"

Excerpt from NBC News -- "'Regulating technology typically doesn’t work, so as you go to the polls and as you elect new leaders, keep this in the back of your mind,' she said. 'It sounds like a good idea but in practice it doesn’t work and what’s best for all of us is we need to take a much more sophisticated approach --guard rails, not regulations.'"

Excerpt from Barron's -- "Researchers from New York University’s Stern School of Business and Emory University found that in 1,600 reverse splits from 1962 to 2001, shares underperformed nonsplit peers by 15.6% in the first year after the split, 36% in the second, and 54% in the third."

Learn more about NYU Stern's Undergraduate Baccalaureate ceremony.

The Leonard N. Stern School of Business Graduate Convocation Ceremony took place on Friday, May 24, 2019 at the Hulu Theater at Madison Square Garden.

Excerpt from Forbes -- "Professors Adam Brandenburger and Barry Nalebuff, authors of Co-opetition, call for a new mindset rooted in cooperative game theory. In their view, firms are interdependent, and can work together to generate new value, increasing the pie."

Excerpt from the Financial Times -- "'There is a huge opening for social media companies to move in and take a big part of the banking business,' said David Yermack, professor of finance and business transformation at the New York University Stern School of Business."

Excerpt for Amsterdam News -- "My proposal to the North Shore district representatives, and to non-profit foundations on the island, is to create a program for young students that partners with the island’s CUNY College of Staten Island, which already has ample space and existing facilities, to make extracurriculars more accessible. I propose to create a program that focuses on one underperforming elementary and one intermediate school in either Mariners Harbor or Port Richmond and offers up to 100 voluntary spots for students to enroll into the program."

On May 14 and 15, the Class of 2020 cohorts of NYU Stern’s two focused MBA programs, the Andre Koo Technology and Entrepreneurship MBA and the Fashion & Luxury MBA, arrived on campus for the Focused MBA Welcome, beginning their journey at Stern.

Excerpt from US News & World Report -- "Cultural differences and power dynamics help explain why some workers lack awareness about their performance and professional image. So does the fact that 'people seldom receive negative feedback about their skills and abilities from others in everyday life,' according to Dunning and Kruger."

Excerpt from Poets & Quants -- "Prior to my MBA, I was a founder in New York City who could count the people upon whom I could reliably depend on with my own two hands. As I prepare to graduate, I not only know a huge range of founders, investors, and other really smart people, but I’ve already used those connections to further Pepper’s success."

On May 22, Professor Scott Galloway will discuss his new book, The Algebra of Happiness, with Stephanie Ruhle, MSNBC anchor and NBC News correspondent. 

Read more about NYU's All-University Commencement ceremony on Wednesday, May 22, 2019 at Yankee Stadium.

Excerpt from CGTN -- "I think the report underscores the fact that we are still training people for a world in which they're going to have a stable job and one occupation for their entire career and that a vast majority of their education is going to happen before they enter the workforce. But the reality of tomorrow's world of work is that people are going to have to switch occupations multiple times and they're going to have to continually reeducate themselves and most countries around the world are not prepared for this."