Experience Stern | News & Events

Excerpt from Bloomberg -- "Arun Sundararajan, professor at New York University’s Stern School of Business and author of 'The Sharing Economy: The End of Employment and the Rise of Crowd-Based Capitalism,' makes the point with a few specific examples: There are 80 million power drills in the U.S. and on average each is used just 13 minutes during its lifetime; there are 250 million cars in the country and most do nothing more than take up parking spaces or fill garages; millions of dwellings have spare rooms that sit empty; unworn clothing fills closets."

Excerpt from Poets & Quants -- "'We’re thrilled to be able to honor men and women of the armed services,' Henry says. 'We believe in producing leaders who can transform the 21st century, and we think veterans embody so many of the characteristics we think are essential.'"

Excerpt from OZY -- "Simply because someone started a successful company in a certain industry does not mean that they can replicate that, or that they can identify it in somebody else.'"

Excerpt from US News & World Report -- "In addition to workers, states could also set up visas for entrepreneurs and smaller-scale investors – categories that don't currently exist in the federal system. Canada and Australia have similar regional migration programs. These programs have created greater population and employment growth, according to Cato Institute research by Brandon Fuller and Sean Rust. And the stakeholders are happy with the results."

Excerpt from Financial Advisor -- "'A lot of financial advisors make their money through relationships with asset management companies. That may be much more difficult to do in the future. The technology will raise questions whether investors need to have investment companies involved at all in executing and settling their trades,' said New York University Stern School of Business Finance Department Chair David Yermack, who gave what may have been the first major presentation to the SEC on blockchain."

With Veterans Day approaching, New York University’s Stern School of Business is announcing a $15 million endowment gift from alumnus Lorenzo Fertitta (MBA ’93) and brother Frank J. Fertitta III to create a new program exclusively for U.S. military veteran and active duty students who will be entering the School’s full-time MBA program next year.  

Excerpt from The Atlantic -- "When the Democrats adopted 'We are stronger together' as a convention slogan, Haidt observes, it was almost as if they were heeding the advice of scholars like Stenner to suppress intolerance by celebrating sameness. In Haidt’s telling, the convention’s most successful moment was when Khizr Khan stood onstage with his wife, brandishing a pocket Constitution and declaring, 'We are honored to stand here as the parents of Captain Humayun Khan, and as patriotic American Muslims with undivided loyalty to our country.'"

Excerpt from Poets & Quants -- "'Individually, they represent a diverse set of professional backgrounds, cultures and experiences,' he notes. 'Collectively, they are a high-potential group with a passion for Stern and strong "IQ plus EQ."'"

Excerpt from strategy + business -- "Instead of looking to the best practices of the Fortune 500, Salomon seeks salvation in data. The ease or difficulty of doing business in another country isn’t determined only by the norms and culture of that country; it’s also determined by the ease or difficulty of doing business that you’re accustomed to in your home country. Salomon believes it is possible to measure and express as a number such differences as the 'institutional distance.' And, he continues, 'studies show a positive correlation between institutional distance and the level of risk in doing business across countries.' When crafting a global strategy, he argues, executives would be well advised to calculate that distance."

Excerpt from TopMBA -- "Mindfulness practice can support us in this line of inquiry. It can help us ask the tough questions that can then lead to wiser decisions and actions, says Connie Kim, director of NYU Stern’s Leadership in Development program, which teaches mindfulness to full-time and executive MBA."

This program is intended for those who wish to rethink the habits that have made them successful in the past, and challenge the conventional wisdom and industry models that have defined their businesses. To achieve these objectives, this course combines presentations and discussions with practical exercises so that participants can apply disruptive leadership principles to business issues and scenarios.

Excerpt from Xinhua -- “‘Gone are the days when consumers just observe content over television screens, but now they are consuming content over mobile, over computers, and other devices,’ said Robert Salomon, associate professor of New York University's Stern School of Business.”

Excerpt from The Economist -- "The firm has a good case, reckons Mr Sundararajan. Firms such as YouTube and Facebook have already invoked such a defence successfully."

Excerpt from The Huffington Post -- "'The allure that this guy has for sparking the imagination of people, he does bring a certain panache to this for sure,' Tensie Whelan, director of New York University’s Stern Center for Sustainable Business, told HuffPost ahead of the announcement. 'How he thinks in systems is really interesting ― connecting the roof, the battery and the car. That broader, fully integrated solution is a smart way to go.'"

Excerpt from Bloomberg -- "I think the first thing investors have to be asking is whether they should be doing a valuation in the first place. Because valuation requires two things: One is it requires the willingness to learn the basic tools, and many investors want to do the valuation but they don't want to learn about accounting. They want to do valuation but they don't want to learn about present value. They want to do valuation but they don't want to understand the basics that drive risk and return. And that's lazy. It's lazy and it leads to you spending a lot of time thinking you're valuing companies and you walk away with actually nothing to show for it."

Excerpt from Bloomberg -- “I doubt [James Comey] had much of a choice. First of all, the fact that he’s aware of e-mails that would have materially contradicted the testimony that he gave in the investigation in Congress requires him to make that disclosure. Not only would it be politically delegitimizing for him and the FBI to hold on to it beyond the elections, if they eventually found out about it, but frankly with that kind of information it’s pretty likely that it would have leaked from within the FBI very soon anyway.”

Excerpt from Bloomberg View -- "In the 2000s, a series of academic papers showed that corporate America had become a much less comfortable place for incumbents. Lots of people in corporate America already knew this, but it was helpful to see peer-reviewed evidence: L.G. Thomas and Richard D’Aveni found big increases in profit volatility among manufacturing companies from 1950 to 2002. Diego Comin and Thomas Philippon found a similar increase in the volatility of sales growth and other metrics. ... This summer, though, Victor Manuel Bennett and Claudine Madras Gartenberg, professors at Duke University’s Fuqua School of Business and New York University’s Stern School of Business respectively, did something interesting. They took the volatility measures from the above papers and a few others, added some of their own, and updated them all."

On Friday, October 28, the Stern Healthcare Association (SHA) will host its annual conference, themed "The Changing Face of Healthcare."

NYU Stern’s MS in Business Analytics program hosted an Executive Education Day at NYU Shanghai, integrating local and regional expertise into students’ academic development.

Excerpt from Bloomberg -- "'You can’t on the one hand have lower prices and on the other hand have rising standards,' says Sarah Labowitz, a co-director of New York University’s Stern Center for Business and Human Rights."

Excerpt from The San Francisco Chronicle -- "'It does have a very powerful niche, and it’s a distinct player in that niche,' said Anindya Ghose, a professor of information technology and marketing at New York University’s Stern School of Business. 'Live (video) is a potential game changer that actually put Twitter ahead of the curve. ... TV is finally everywhere, and this plays into that larger ecosystem and gives them some good numbers to bank on.'"

Excerpt from The Wall Street Journal -- "'If Vine was housed inside a company that was growing at 30% a year…it would have survived,' said Scott Galloway, founder of consumer-brand research firm L2 Inc. and a marketing professor at New York University. For Twitter, 'not growing its user base, a part-time CEO and disgruntled investors—all of that adds up to forced focus.'"

Excerpt from the Business Standard -- "'Our findings show that schools contribute to the formation of children's values,' said Yair Berson from New York University and Shaul Oreg from Cornell University in the US."

Excerpt from Bloomberg -- "The IDG isn’t a traditional union. Drivers didn’t vote for it. It has no formal collective-bargaining rights. And its very existence helps the company resist formal unionization, says Arun Sundararajan, a business professor at New York University who researches the economics of the tech industry. 'This is just them planting something in the ground that might deter more contentious forms of labor organizing,' he says."