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– School News
Center for Business and Human Rights deputy director Paul Barrett is interviewed about his co-authored research on factory worker safety in Bangladesh after the collapse in Rana Plaza
April 24, 2018Excerpt from The New York Times -- "'We have found tremendous improvement in the larger factories' involved in the safety programs, Paul Barrett, deputy director of the center, said in an email. 'But two other categories — factories overseen by the government and subcontracting facilities not overseen by anyone — remain at risk.'" -
– Press Releases
NYU Shanghai and NYU Stern to Jointly Offer One-Year Master of Science Programs for College Graduates in Data Analytics & Business Computing and Quantitative Finance
April 24, 2018NYU Shanghai and the NYU Stern School of Business are partnering to deliver two new one-year Master of Science programs to prepare new and recent college graduates for successful careers in the rapidly evolving marketplaces of analytics and finance in China and Asia. -
– Faculty News
The Dunning-Kruger effect, joint research by Professor Justin Kruger, is featured
April 23, 2018Excerpt from The New York Times -- "Research has shown that we humans are generally pretty awful at assessing our own competence and abilities, which in turn leads us to overestimate them — a phenomenon called the Dunning-Kruger Effect." -
– Press Releases
When it Comes to Charitable Giving, Donors Discount Effectiveness Information
April 23, 2018When choosing which charities to donate to, individuals will prioritize personal preferences, even when presented with more effective donation alternatives, according to new joint research from Professor Alixandra Barasch. -
– Research Center Events
Fireside Chat - Can Sustainability and Globalization Co-Exist?
April 23, 2018On April 23, NYU Stern Executive Education will host a fireside chat featuring Professors Tensie Whelan and Robert Salmon. -
– Research Center Events
Executive Education Short Course: Digital Marketing and Social Media Strategy
April 23, 2018In this program, we will examine best-practices related to the business use of social media and digital marketing. -
Excerpt from the Financial Times -- "Starbucks’ actions — responding quickly, making its chief executive visible, engaging widely and pledging action — were a 'textbook case study on how to handle a crisis', says Scott Galloway, a marketing professor at New York University’s Stern School of Business. 'Can you imagine Facebook closing its service for a day to examine all the content?'"
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– Faculty News
Professor Lawrence White comments on Wells Fargo's $1 billion fine by the Consumer Financial Protection Bureau and Office of the Comptroller of the Currency
April 19, 2018Excerpt from The New York Times -- "'The Wells activities are so egregious, they are unique,' said Lawrence J. White, a professor at New York University’s Stern School of Business. 'I don’t think this tells us one way or the other about the future direction of the C.F.P.B.'" -
– Faculty News
Professor Nouriel Roubini comments on French president Emmanuel Macron's plans for fiscal reform
April 19, 2018Excerpt from The New York Times -- "Until eurozone countries like France, Greece, Italy and Portugal 'have done enough fiscal austerity so that public debt is sustainable, and do enough reform so that their potential growth approaches that of Germany,' Berlin will hesitate, he added. At the same time, Mr. Roubini said, Mr. Macron has made some important fixes in France, increasing market flexibility, taxing some pensions and cutting the budget deficit." -
– School News
Research by the Center for Business and Human Rights on the current state of factory worker safety in Bangladesh is featured
April 17, 2018Excerpt from Bloomberg Businssweek -- "'Depending on how many subcontracting factories turn out to be in business, we estimate that it would cost $1.2 billion to remediate remaining dangerous conditions,' the report says. It says this sum should be the responsibility of 'an array of international actors,' along with Bangladeshi stakeholders." -
– Faculty News
Professor Arun Sundararajan discusses the expansion of the sharing economy into professional sectors, such as tax accounting
April 17, 2018Excerpt from Marketplace -- "'When you press that button on your Uber app, you might want the driver that you liked, but what you're really looking for is to get from point A to point B,' said Sundararajan. 'On the other hand, the consequences of not getting the right professional when you're requesting an accountant or lawyer are far greater.'" -
– School News
In a feature profile, Dean Raghu Sundaram showcases Stern's reputation in finance, technology and engagement with the business community to prepare future leaders to lead a changing business world
April 16, 2018Excerpt from BusinessBecause -- "Leading such a revered institution requires constant innovation, as the world around us is challenged to adapt to the rapid way machine learning, big data, and the future of tech are changing the way we learn. The transformation of the NYU Stern MBA reflects this. For Rangarajan, his school, and business schools like it, have a responsibility to ensure the next generation of business leaders aren’t just part of the change, but lead it." -
– Faculty News
Professor Paul Hardart shares his views on Sinclair Broadcast Group's must-run messages about their news coverage
April 15, 2018Excerpt from Adweek -- "'It’s less an issue of what the content is, and one can argue that it’s innocuous or not innocuous,' said Hardart. 'I think the real issue is using local anchors and personalities who have spent their careers building trust among their communities, and they’re reciting something that isn’t necessarily their views.'" -
– School News
Roy Lee, Assistant Dean of Global Programs, highlights Stern's MS in Business Analytics program in a feature story on data science in business schools
April 15, 2018Excerpt from the Financial Times -- "Roy Lee, programme director, says that if the numbers were higher, the more 'techie' students would feel less able to share insights with their business-minded classmates, which is crucial for breaking down barriers. 'The idea is to get their two sides to share their different perspectives,' Mr Lee says. 'Students are learning from each other about where and how to apply their skills.'" -
– Faculty News
Professor Nicholas Economides offers commentary on the AT&T-Time Warner trial
April 13, 2018Excerpt from Bloomberg -- "Well I think there were certain weaknesses in the testimony of Carl Shapiro who was the key witness, key economist, for the government. I think AT&T was able to poke some holes in his testimony. At the same time, I do not believe that AT&T has managed to establish a theory that says consumers are going to be better off after the merger." -
– Faculty News
Professor Thomaï Serdari is interviewed about Hermès' "Footsteps Around the World" series on the brand's corporate social responsibility efforts
April 13, 2018Excerpt from Luxury Daily -- "'The series primarily isolates specific areas in which Hermès has been groundbreaking to ultimately bring out the humanistic profile of the firm, a differentiation point that only very few luxury brands can claim to cultivate,' Ms. Serdari said. 'The type of information communicated through this series is not new to those who know the brand well, but it is told in a compelling and contemporary form of storytelling that keeps the viewer engaged.'" -
– Faculty News
Professor Vasant Dhar explains how other social media platforms could be subject to similar scrutiny after Facebook CEO Mark Zuckerberg's Congressional testimony
April 13, 2018Excerpt from Barron's -- "Vasant Dhar, a NYU Stern School of Business professor and data scientist, believes social-media platforms such as Twitter and Google’s YouTube are 'likely to be under fire,' though Apple and Google proper are 'in a better position to protect the data of their consumers.'" -
– Faculty News
Professor Scott Galloway is quoted in a feature story on Mark Zuckerberg's leadership at Facebook
April 13, 2018Excerpt from the Financial Times -- "Given his majority voting control, 'this is an individual who can’t be removed from office,' says Scott Galloway, author of a book critical of big tech companies and an outspoken critic of Facebook. But even if shareholders could replace Mr Zuckerberg, it would be beside the point, he adds." -
The 2018 Media and Entertainment Conference will take place on Friday, April 13th at NYU's Rosenthal Pavillion.
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– Faculty News
Professor Robert Seamans is interviewed about the Facebook Cambridge Analytica scandal
April 12, 2018Excerpt from Asahi Shimbun -- "I think that what this helps to do is raise awareness amongst people about what type of data is being collected about them and how it's being used. ... I think one lesson is that we need to get in a mindset where we're not going to have complete privacy as consumers." -
– Faculty News
In a letter to the editor, Professor Michael Posner offers solutions for combating disinformation
April 12, 2018Excerpt from The Washington Post -- "Part of the solution is to ditch references to 'fake news' and focus instead on politically motivated disinformation. The latter gives the appearance of being factual but actually promotes deliberate, manipulative falsehoods aimed at promoting a political agenda and undermining our democratic system." -
Excerpt from The New York Times -- "More recently, I was really struck by Jonathan Haidt’s 'The Righteous Mind: Why Good People Are Divided by Politics and Religion.'"
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– Faculty News
Professor Menachem Brenner's joint research on volatility in financial markets is featured
April 12, 2018Excerpt from the Financial Times -- "In the 1980s, Menachem Brenner and Dan Galai published a series of papers that created an actual index of stock-market volatility based on options, which they called 'Sigma'. They pitched the idea to various exchanges but at the time no one wanted to turn it into a live volatility benchmark." -
– Faculty News
Professor Richard Sylla is interviewed about the Panic of 1907, the Great Depression, and John Pierpont Morgan's role in the economic system
April 11, 2018Excerpt from Real Vision -- "Morgan had all these bright young partners and he sent them out to inspect the books of all the trust companies that were suffering from these runs and what he wanted to do was find out which of them were sound and which were not sound and then once he knew which ones were sound, he would organize the resources to relieve them and let the unsound ones fail and that would presumably bring an end to the crisis, so that was the first step..." -
– School News
Professor and Acting Vice Dean for MBA Programs & Online Education Kim Corfman underscores the value of an MBA
April 11, 2018Excerpt from Forbes -- "I believe that in order to be more viable in the market, it's essential to have the appropriate education to back you. A Master's Degree not only will open doors by the connections you make, but also grounds you with strong expertise, intelligence, and insight. Over the past several years, the fashion and luxury companies have increasingly acknowledged the competitive advantage of adding business-educated talent to their ranks, especially in the face of significant technological disruption."