NYU Stern
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  • cnbc logo feature
    Excerpt from CNBC -- "'Watching the EU deal with Greece is a little bit like watching a family deal with a family member with an addiction problem,' said NYU Stern professor Aswath Damodaran. 'Each time the family member enters a rehab, we have a party to celebrate, only to be disappointed again. So, the markets may be celebrating a temporary reprieve but unless the fundamentals change, it will be short lived.'"
  • topMBA logo
    Excerpt from TopMBA -- "The interview is an important part of the application process at NYU Stern. We interview everyone we admit to the full–time MBA program, and nearly all interviews are done face-to-face in New York City by a member of our highly-trained admissions team. We believe that interviewing is a skill and we want to have our class selected by people who are experienced, professional assessors of talent."
  • brian lehrer cuny tv logo
    Excerpt from The Brian Lehrer Show -- "Some of the barriers [to the adoption of electric cars] are really significant and are going to be pretty difficult to overcome. One of the biggest barriers is cost... battery technology cost does not come down very quickly. If you think about Tesla, one of the fascinating things about Tesla is that they use the 18-650 battery, which is the same small-format battery you would have in laptops. And the great strength of this is that it was a mature technology where the cost had already been driven down and we knew how to produce them pretty efficiently. So the strength was that it was already mature, already cheaper. The weakness is that it's already mature and it's already fairly cheap compared to where it can go. So there are not big expectations of driving the cost of that down a lot further. And right now the incremental cost for putting a battery in a car ranges anywhere from $10,000 - $40,000."
  • Srikanth Jagabathula
    NYU Stern today announced that Professor Srikanth Jagabathula, an assistant professor in the Information, Operations, & Management Sciences department (IOMS) at the School, was recently recognized by the National Science Foundation (NSF) with its Faculty Early Career Development Award (CAREER).
  • voxeu logo feature
    Excerpt from Vox -- "Under the alternative scenario, Greece avoids neither fiscal austerity nor a deep recession. But, depending on the details of the simulation, its GDP ends up 5 to 10% higher, and its debt 20% to 25% lower. Overall, the debt of GDP is reduced by about 30 points."
  • NYU Stern Establishes Center for Global Economy and Business
    Today, NYU Stern announced the establishment of The Leonard N. Stern New York City Scholarship to support extraordinary New York City high-school seniors who aspire to study business at NYU, but lack the financial means to do so.
  • financial news logo feature
    Excerpt from Financial News -- "In the meantime, managing transition to a reformed, semi-market economy is going to [be] a major challenge. Cuba lacks almost all the infrastructure it will need to move to the next level, including a basic financial system (banking, securities, insurance) and modern agricultural and industrial bases. How well, and how quickly these can be created will determine whether Cuba, with its 11 million well-educated, increasingly entrepreneurial minded population can make the most of the opportunity."
  • bloomberg
    Excerpt from Bloomberg -- "I think there would be limited effects and that's why the case for Greece is so bad. Greece cannot go and say, 'Look, if we exit, you are going to be destroyed as well,' so what will happen is that Greece will be destroyed, but not the rest of Europe."
  • Linkedin logo
    Excerpt from LinkedIn -- "Björk is no Britney Spears, no Rihanna, or Mariah Carey. Björk has built more than a mere brand. She’s built a #luxury brand and here is why."
  • new york times logo feature
    Excerpt from The New York Times -- "Because the economics profession failed to predict the financial crisis in advanced nations, critics claim that economists have little practical use and wield too much influence. In fact, the opposite is true. We need economists’ thinking now more than ever — provided we match the tools of economics to the proper task."
  • bloomberg
    Excerpt from Bloomberg -- "'It is very unlikely that the euro zone will give new money to Greece for months, as the Greek positions are uncertain and significant negotiation is necessary,' Nicholas Economides, professor of economics at New York University’s Stern School of Business, said by e-mail. 'This puts cash-strapped Greece in a very dire position.'"
  • financial times logo feature
    Excerpt from Financial Times -- "On 3 February, the school welcomed Thomas Philippon, professor of finance at NYU Stern School of Business, who has recently produced a paper warranting a great deal of examination: after painstaking research, he has concluded that over the past 130 years, there has been no productivity increase in finance."
  • inc logo feature
    Excerpt from Inc. -- "'It is incredibly difficult to start to do things that are not within people's expectations because that brand promise comes with expectations,' says Carr. 'What is impressive about Swift is that ability to cross lines.'"
  • – Faculty News

    Prof. Arun Sundararajan on the future of employment

    February 6, 2015
    quartz logo
    Excerpt from Quartz -- "As NYU Stern professor Arun Sundararajan tells Quartz, 'being employed full-time by one company may soon be the exception rather than the rule.'"
  • – Student Club Events

    23rd annual Stern Women in Business (SWIB) conference

    February 6, 2015
    kmc exterior 2012 image
    On Friday, February 6, Stern Women in Business (SWIB) will host their 23rd annual conference, themed, "The Economics of Success: Joint Advocacy for Better Business."
  • BusinessBecause
    Excerpt from BusinessBecause -- "Stern’s inaugural class in 2013 attracted students from a wide range of industries, from healthcare to manufacturing and venture capital, said Roy Lee, assistant dean of global degree programs. Demand has been insatiable. 'For both years, we filled a maximum class of 60, and for both we closed out the admissions cycle a month and half early, with a waiting list for the following year,' added Roy."
  • clear admit logo feature
    Excerpt from Clear Admit -- "The William R. Berkley Scholarship Program, established in 2013, covers the full two-year tuition and fees for NYU Stern’s full-time MBA program. It also provides a housing stipend of $18,000/year and an additional $10,000/year stipend for books and other expenses. Successful entrepreneur William R. Berkley (BS 1966) created the program that bears his name with a $10 million donation. He pursued his MBA at Harvard Business School immediately after graduating from Stern and wanted to provide similar opportunities for other aspiring young students like himself."
  • fortune logo feature
    Excerpt from Fortune -- "Given that there are few, if any options left, it is time for a new 'kolotoumba.' We’ll likely see Syriza soften its leftist position in the coming months, as the first sign happened this week when Varoufakis abandoned the pre-election promise to erase a chunk of Greece’s public debt. Instead, he promised that the country would pay down its entire debt under new terms. It’s also likely that Greece will drag things out for a few more months, possibly reverting back to its previous rescue package so that Greek banks have enough money to stay afloat."
  • washington post logo feature
    Excerpt from The Washington Post -- "'As the number of small businesses gets larger, and as the size of each small business gets smaller,' Sundararajan says, 'the overhead that this is going to impose on a regulatory authority is going to be pretty extensive. It seems sort of socially efficient to delegate that.'"
  • – Faculty News

    Prof. Gavin Kilduff's research on rivalry is featured

    February 4, 2015
    entrepreneur logo feature
    Excerpt from Entrepreneur -- "While Kilduff stipulates that in any real-world case studies there are various factors at play and so attributing causation can be tricky, he points to the rivalry between U.S. automakers in the 1990s. 'It seems as if those three automakers were so intensely competing with one another that they didn't pay attention to anyone else, allowing Japanese automakers to come in and overtake them.' A similar dynamic likely played out between Coke and Pepsi. The soft drink giants poured so much energy into tracking one another's movements that Kilduff speculates they entirely missed the emergence of popular new energy and health drink brands."
  • marketplace radio logo feature
    Excerpt from Marketplace -- "The rise of big-box stores and online retailers like Amazon have since changed the competitive landscape, says Robert Salomon, an associate professor of management and organizations at NYU's Stern School of Business."
  • BusinessBecause
    Excerpt from BusinessBecause -- "Lindsey came to the high-ranking business school after a career piloting Blackhawk helicopters over Iraq and training thousands of US soldiers, many of whom may soon enter the civilian workforce. 'Coming to Stern is the first step I’m taking as I prepare to move into the corporate realm,' she told NYU Stern’s website. 'I feel the army has given me the leadership experience I need. There are other areas of business in which I still have a lot to learn.'"
  • fortune logo feature
    Excerpt from Fortune -- "Without fresh funding, Greece could go bankrupt by mid-2015 at the latest. 'This puts the ECB in the most central position,' says Economides. 'The ECB is in a position to throw Greece out of the Euro. They’re not politicians, they’re a bank. Depending on the ECB is an extremely risky position for the new government to put themselves in.'"
  • bloomberg
    Excerpt from Bloomberg -- "In some sense, you could argue that when the Fed starts to normalize after this very unusual period, that that will be actually psychologically helpful because it will tell the world that the US is back on a normalization path. That will be a sign of health. I don't expect the Fed to rush into this. In fact, you could argue that, with oil prices having fallen so far, that that will give the Fed a bit of a chance to be even more patient. Inflation is lower and we have had a positive supply-side shock. If anything, the textbook response to that is to wait longer."
  • bloomberg
    Excerpt from Bloomberg -- "Before we find a policy solution, we have to understand the reason why there is this rising inequality. I think it's a combination of factors that are complicated. One is that technological innovation is becoming increasingly capital-intensive, skill-biased and labor saving. Eventually, the robots are going to replace lots of not just blue collar, but even white collar jobs. And, secondly, trade and globalization has lead to competition from Asia and other parts of the world for low-value-added, low-skill jobs, both in manufacturing but now in services... Third of all, there is this winner-take-all, superstar effect. If you are the best trader, the best banker, the best lawyer... of course you now have a market of potentially billions of consumers of your products and services. And therefore, they can enjoy more of the benefits of globalization. So there are many different factors that are leading to this concentration of income and wealth."


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

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