NYU Stern
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  • BusinessBecause
    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."
  • bloomberg logo feature
    Excerpt from Bloomberg -- "IBM is a huge company, and right now, if you're not Google or Apple, it sucks to be a big company in tech. Anyone associated with the desktop era of the 80s and 90s is suffering, whether it's HP or IBM... IBM is better suited than those guys because they have a really robust services division."
  • bloomberg logo feature
    Excerpt from Bloomberg -- "'It is easier for a seller to predict how a consumer will value a collection of goods than it is to value any good individually,' wrote [Erik] Brynjolfsson, who directs the Massachusetts Institute of Technology’s Center for Digital Business, and Yannis Bakos of New York University’s Stern School of Business in a 2000 Marketing Science article."
  • cctv logo
    Excerpt from CCTV -- "We're seeing record increases in exports of dairy... to China, where we're seeing 20-30% growth year-on-year over the last several years, huge increases in exports to southeast Asia, Mexico... we're seeing just a record boom across a range of dairy products."
  • mbaprograms.org logo
    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."
  • reuters logo feature
    Excerpt from Reuters -- "'The strike is not as effective a weapon as it once might have been,' Foudy said ahead of a threatened strike by unionized workers on the Long Island Rail Road that could effectively shut down the nation's largest commuter railway at 12:01 a.m. Sunday."
  • cfa logo feature
    Excerpt from CFA Institute Blog -- "What we learned from the financial crisis is that the failure of financial firms can have a serious impact later in the real economy. And consequently we don’t want to leave it to chance whether such financial institutions fail. We have set up new and improved regulatory structures to try to assess the financial health of these financial institutions. What we have done, again in V-Lab, is to try to come up with a way of doing this using only publicly available information on the firms [applying] statistical methods based on the ARCH model. The question is whether these financial institutions have sufficient capital buffer so that they can withstand the financial crisis. How much capital does a financial institution need to raise in order to continue to function normally if we have another financial crisis? And we give this a name, SRISK, for systematic risk."
  • greek reporter logo
    Excerpt from Greek Reporter -- "Greece has not yet convinced investors that it is at a stage of recovery. How can it convince them? Through public investment with money raised from the sale of new bonds. Greece should issue, every year for 3-4 years, €5 billion per year of 5-year or 7-year bonds at an interest rate of 4-4.5% and put all the money raised in a 'Development Fund.' Greece should ask the large European countries (Germany, France) to put €1 billion in total to the same fund, and have common governance."
  • bloomberg logo feature
    Excerpt from Bloomberg -- "In the end, the courses that probably... pull it all together are... the corporate strategy courses. You see them at many of the major business schools where you're actually playing against each other. In the case of the course I'm teaching, it's a course on managing financial institutions where, essentially, you're taking the knowledge base of the first year, and you're saying, this is how it's actually done at the companies. And we're going to be teaching cases where we're talking about the strengths and the weaknesses."
  • marketwatch logo feature
    Excerpt from MarketWatch -- "More movies, television shows and live sporting events being produced by one company means less competition and more seller power, says Samuel Craig, director of the Entertainment, Media and Technology Program at New York University’s Stern School of Business. 'Consumers may see a slight increase in their cable bill to see the content they want,' he says. As media reports of the bid have suggested, it’s unlikely that the Federal Communications Commission would allow one company to own both CNN and Fox News, he adds."
  • new york times logo feature
    Excerpt from The New York Times -- "As Steve G. Cecchetti and Kermit L. Schoenholtz, economists who write the Money and Banking blog, point out, if regulators managed to address the systemic risks posed by the activities and products that asset managers offer, then the risks posed by the companies themselves would be sharply diminished, if not eliminated."
  • financial times logo feature
    Excerpt from Financial Times -- "Rosa Abrantes-Metz, adjunct professor at New York University Stern School of Business, and one of the most prominent critics of the precious metals fixes, says she is 'greatly satisfied' with the changes, citing the improved transparency and expanded market participation. 'What is most important is the reduction of conflict of interest between the benchmark administrators and those who trade on it,' Ms Abrantes-Metz says."
  • portland press herald logo
    Excerpt from Portland Press Herald -- "The problem with trendy foods is that no one really knows what sales will look like five years from now. If a business owner catches the upswing of a trend, Eggers said, they may be able to get several years of good business before having to worry about the bubble bursting. That’s what happened with Crumbs. 'They came in relatively early in the cupcake trend,' Eggers said. 'They actually made a lot of money for a period of time, but they got themselves in trouble because they overexpanded.'"
  • demos logo
    Excerpt from Demos -- "New York University Economics Professor Thomas Philippon has estimated that the financial sector causes a 'misallocation of resources' in the amount of $280 billion each year."
  • new york times logo feature
    Excerpt from The New York Times -- "Given the evidence, US society would benefit from a more balanced housing policy that puts equal weight on rental and home ownership assistance programs. On the ownership side, we need a policy that stimulates the accumulation of home equity, for example through down payment assistance, rather than mortgage debt. We should cut the benefits for the rich by lowering the limit below which Fannie and Freddie can purchase mortgages (or phase out these government-sponsored enterprises altogether as I have argued in 'Guaranteed To Fail'), by capping the mortgage interest rate deductibility, and by focusing efforts on first-time buyers."
  • campus technology logo feature
    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."
  • globe and mail logo feature
    Excerpt from The Globe and Mail -- "The report concludes trading volume and volatility in the 30 days preceding the announcement of a takeover deal 'suggests that informed trading is more pervasive than would be expected based on the actual number of prosecuted cases.' The study is a working paper published in May by Patrick Augustin of McGill University in Montreal and co-authors Menachem Brenner and Marti Subrahmanyam, both of New York University."
  • economist logo feature
    Excerpt from The Economist -- "A paper by Kei Kawai of New York University’s Stern School of Business and Jun Nakabayashi of Tohoku University examines Japanese public building projects. They collected data on over 40,000 tenders from 2003-06 worth $42 billion (around 3% of national tax revenue). The Japanese government uses a first-price sealed-bid auction: builders write down their best price, and the lowest bid wins the work. If none beats a reserve price that is known only to the auctioneer, the procedure is repeated until a bid beats the reserve."
  • bloomberg logo feature
    Excerpt from Bloomberg -- "It's a more complicated story in New York than it is in any other American city because we rely so much more on public transportation or on taxis for our day-to-day functioning, and as a consequence, our regulatory infrastructure is so much deeper and so much more complex. And so the ways in which we regulate the analog, the old way of sharing, taxicabs, is a little more complicated than it is in, say, a city like Austin or a city like San Francisco."
  • cctv logo
    Excerpt from CCTV -- "The day-to-day trade between the two countries is not driven by governments. It's driven by market forces and companies, and that economic relationship just gets stronger every year."
  • ecampus news logo
    Excerpt from eCampusNews -- "Arun Sundararajan is Professor of Information, Operations and Management Sciences at NYU. If you are interested in the intersection of social media, online privacy and ed-tech startups, you should follow Arun’s Twitter feed for opinionated commentary and curated content."
  • yahoo news logo
    Excerpt from Yahoo! News -- "At the same time, however, the government is putting the squeeze on the very same banks it wants to ease up on lending standards and provide more credit to businesses and consumers, to help boost spending and growth. 'Banks are not providing the support we need for the economic recovery,' says Smith. 'There may be a political value to punishing the banks for reckless behavior, but there has to be some sense of political closure on this.'"
  • san francisco chronicle logo feature
    Excerpt from San Francisco Chronicle -- "Arun Sundararajan, a New York University business professor who specializes in changes wrought by digital technology, said the new nomenclature makes sense. 'My impression is they don't want to be thought of as a site for generic menial labor, and want to communicate that you can find skilled people on TaskRabbit,' he said. 'The word "rabbit" doesn't conjure up highly skilled workers; it may have hurt them because they're not leveraging the pool of talent they have painstakingly acquired.'"
  • bloomberg logo feature
    Excerpt from Bloomberg -- "I think a lot of it's semantics. I think wearables is going to be huge, but I think this [the smartphone] is going to be your wearable. I think that you're going to get a lot of health devices and a lot of tracking on here... I'd put this right up there with mass customization and 3D printing as some of the things the media seems to be much more excited about... the performance is not living up to the promise yet."
  • knowledge at wharton logo feature
    Excerpt from Knowledge@Wharton -- "David Yermack, finance and business transformation professor at New York University’s Stern School of Business, notes that critical to the survival of a cyber-currency is government support. 'I am skeptical that any form of money will be successful if it is not backed by a sovereign government. Without this sort of foundation, a currency really cannot be a form of property because it cannot be pledged as collateral, foreclosed upon, reassigned in bankruptcy and so forth,' he says. 'This will make it unattractive in a wide range of commercial settings.'"


Contact NYU Stern Public Affairs

If you're a member of the press, please contact Stern’s Office of Public Affairs at:

Phone: 212-998-0670
Fax: 212-995-4950
Email: paffairs@stern.nyu.edu

Or contact us directly:

Joanne Hvala, Associate Dean
(212) 998-0995; jhvala@stern.nyu.edu

Jessica Neville, Executive Director
(416) 516-7677; jneville@stern.nyu.edu

Rika Nazem, Director
(212) 998-0678; rnazem@stern.nyu.edu

Carolyn Ritter, Senior Associate Director
(212) 998-0624; critter@stern.nyu.edu

Anna Christensen, Associate Director
(212) 998-0561; achriste@stern.nyu.edu

Follow us on Twitter @NYUStern