Experience Stern | News & Events

Excerpt from The Wall Street Journal -- "'Giving people a phone that does less is asking a lot of consumers,' said Adam Alter, associate professor of marketing at New York University and author of the book 'Irresistible: The Rise of Addictive Technology and the Business of Keeping Us Hooked.'"

Excerpt from Poets & Quants -- “Annual Reviews, MIT Golub Center for Finance and Policy, and New York University Stern School of Business presented new review articles focused on the 2008 financial crisis in the Annual Review of Financial Economics Volume 10. The research was presented during the 2008 Financial Crisis: A Ten-Year Review conference, a two-day, invitation-only event November 8-9 spotlighting the perspectives of those with expert vantage points of the crisis."

Excerpt from Fairfield County Business Journal -- '"It is 10 years since the Lehman Brothers bankruptcy,' observed Robert F. Engle, the 2003 Nobel Prize for Economics laureate, during a recent presentation at Sacred Heart University’s Center for Applied Business Research. 'At the time, we had very sketchy theories about systemic risk, whether we could have financial meltdowns or not. Over the last decade, we learned lots of things. We have lots of research now that helps us understand where financial crises come from and how likely they are to happen again.'”

Excerpt from Yahoo! Finance -- “'Second, because the stimulus was poorly timed, the US economy is now overheating, and inflation is rising above target. The US Federal Reserve will thus continue to raise the federal funds rate from its current 2% to at least 3.5% by 2020, and that will likely push up short- and long-term interest rates as well as the US dollar,' Roubini said, predicting a major financial crisis by 2020."

Excerpt from Recode -- "Amazon is now talking about having three headquarters, Seattle, Crystal City and Long Island City. The Bezos’ also own three homes, and the average distance from those three homes to a headquarters is 6.4 miles, so this was never a contest. It was a con meant to induce ridiculous terms that they then took to the cites all along that they knew they were going to be in."

Excerpt from Bloomberg -- "Since then, the accuracies have been somewhere between 80 percent and 90 percent based on one year before bankruptcy. The accuracy is not as high as when we first built the model, but it’s still being used. There are other variables that one could use, and it probably makes sense to build new models using new tools such as machine learning."

Excerpt from Yahoo Finance -- "Bernanke said at a conference at New York University on Friday that the Fed needs to have expanded powers to lend to institutions that are not commercial banks, which is the only industry that the central bank can offer emergency funds to as a 'lender of last resort.'"

Excerpt from Clear Admit -- "'Most business schools either have a veterans group that you can reach out to directly or an admissions department who would be happy to connect potential applicants with veteran current students or alumni,' said Stern student Daly...As for Costello, he recommends doing your research, first and foremost. And from there, don’t sell yourself short. 'Your military experience makes you a valuable hire for some of the best firms around the world,' he said. 'Don’t hide your military success. Learn how to translate your amazing accomplishments and use them to highlight why you’re a great candidate in any industry you want to explore.'"

Excerpt from the CNN-- "The decision to step back from those markets in Western Europe may have been driven by how competitive the market is there, said Robert Salomon, a professor of international management at NYU's Stern business school. 'It's very difficult for them to enter with a proposition to say "Hey, we're the espresso coffee company,"' he noted. But in China, Starbucks can set itself up as a coffee destination."

Excerpt from TED -- "'You can think of diversity as the gateways — to schools, communities, organizations — while inclusion includes the pathways that lead up to and through those gateways. Gateways include decision points such as admissions, hiring, promotions and salary decisions. Pathways are the moments that can shape those outcomes, but they tend not to be trackable by official statistics."

 

Annual Reviews, MIT Golub Center for Finance and Policy (GCFP) and New York University Stern School of Business (NYU Stern) will convene today and tomorrow to present new review articles focused on the 2008 financial crisis in the Annual Review of Financial Economics Volume 10.

On November 8-9, Annual Reviews, MIT Golub Center and NYU Stern co-hosted the “2008 Financial Crisis: A Ten-Year Review” conference.

Excerpt from Ad Age -- "Anat Lechner, a clinical associate professor of management and organizations at NYU's Stern School of Business, said that having an office party with a partly clothed dancer is disrespectful to employees and indicates that such behavior is tolerated at the highest levels. 'In a day and age when Me Too is so pervasive, to hold an event like this you have to be ... I don't even know what. Blind at best,' she says."

Excerpt from InformationWeek -- "New York University Stern School of Business Professor Baruch Lev co-authored a book entitled The End of Accounting, which identifies a disconnect between the traditional accounting of tangible assets and how that applies to intangible assets. As he points out in his blog, '[C]orporate balance sheets proudly exhibit industrial age buildings, machines and inventory, while blockbuster patents or leading brands are MIA on the balance sheet.'"

The NYU Stern Center for Global Economy and Business will host a Fireside Chat with James Forese on November 7, 2018.

Excerpt from Chicago Tribune -- “'There was a general perception that they would take money from anyone,' said Arun Sundararajan, a professor at New York University’s business school who wrote a book titled “The Sharing Economy: The End of Employment and the Rise of Crowd-Based Capitalism.”

Excerpt from Sustainable Brands -- "Kicking off the conference was NYU Stern Center for Sustainable Business (CSB) Director Tensie Whelan, who broke down the Center’s new Sustainability Monetization Framework tool for unlocking growth opportunities."

Excerpt from Crain's New York Business -- "'For the city, it should be just a straightforward thing: We will get more benefit than what we are giving away,' said Alain Bertaud, a senior research scholar at the NYU Marron Institute of Urban Management and author of Order Without Design: How Markets Shape Cities. 'But we are dealing with a lot of data, which are not very clear. [Government] might be tempted to make a deal that will be to the detriment of the maintenance of the city.'"

Excerpt from Poets & Quants -- "Student success today is also very different. We are training students for more diverse industries, dynamic workplaces, and economies. Students need to be more adaptive and global in outlook than ever before, and it’s exciting for me to bring my leadership development skills to NYU. Having a global orientation will help the student to succeed not just in college, but all throughout their career in a rapidly changing environment."

On November 6, NYU Stern hosted the latest installment of the "In Conversation with Lord Mervyn King" series featuring Anna Wintour, editor-in-chief, Vogue, and artistic director, Condé Nast.

This program equips executives with a general understanding of accounting and financial principles as they relate to organizations' operations and decision-making processes.

Excerpt from euronews -- (translated from Spanish using Google Translate) "Foudy believes that if Trump loses the mid-term elections, a quick deal with Europe would be possible: 'Most trade negotiations are measured in years, sometimes in decades and not in months... I believe that if the President feels hurt in these elections, Europe could really see an opportunity to close a deal and see it in the next 3 or 4 months on the most favorable terms.'"

Excerpt from Crain's New York Business -- "This is tremendously important, not just because it gives employees the time and flexibility to vote, but because it provides them with another nudge that it's Election Day. When your CEO emails you and sends a calendar invite about the importance of voting, you get the message."

NYU Stern’s Business & Society Program hosted Innocence Project Staff Attorney Seema Saifee and Darryl Howard, who was exonerated after serving 24 years for a wrongful murder conviction, this fall.

Excerpt from Clear Admit -- "NYU Stern School of Business released its 2018 MBA Employment Report at the end of last month, revealing that more graduates in the Class of 2018 had accepted full-time job offers three months after graduation than anytime in the past five years. Not only that, many recent grads reported a large jump in salary and bonuses."