Experience Stern | News & Events

The Graduate Finance Association will host its 23rd annual conference, themed "Looking Ahead: Perspectives on the Evolving Financial Services Industry" on October 12, 2018.

Excerpt from Heleo -- "The new season of the Next Big Idea Club is just around the corner, when curators Malcolm Gladwell, Adam Grant, Susan Cain, and Daniel Pink choose the two books that will be read by the club’s thousands of members around the world. Before making the official announcement, the curators are sharing the six finalists under consideration."
 

Excerpt from BBC -- "...Ideas are very unique in the sense that when one person discovers an idea, everybody can use it. So the more people you have trying to discover things, the more ideas everybody is going to have and the faster the rate that they are going to accumulate. So what finally emerged was a connection between globalization, taking our economic connections and extending them throughout the whole world, a connection between globalization and faster growth."

Excerpt from Bloomberg -- (1:19) "I wanted to note that the Department of Justice doesn't have any problem with this vertical merger but it did have a problem with AT&T - Time Warner merger so i don't quite understand how it can be consistent to intervene in one vertical merger and not intervene in others..."

Excerpt from National Review -- "The problem, according to Lukianoff and Haidt, is that the university’s commitment to truth is steadily yielding to a commitment to social justice. When some assertion about the way the world works conflicts with the reigning political beliefs, Coddling shows, it is increasingly, dangerously common for the offending views to be censored or shouted down rather than refuted with better evidence and sturdier logic."

Excerpt from Find MBA -- "NYU Stern’s refreshed application process, which asks candidates for contact details of referees, was introduced, in part, to ensure that prospective students are not writing their own letters. Isser Gallogly, the school’s associate dean of MBA admissions and program innovation, says there are new sophisticated detection methods that schools can use to spot fraud in an application. 'The bottom line is: the letter must be written entirely by the endorser,' he says. 'It simply isn’t worth taking the risk of writing your own.'"

Excerpt from Clear Admit -- "NYU Stern received hundreds of applications for the inaugural cohort (2018-19) of the Creative Destruction Lab in New York City (CDL-NYC). After an exhaustive review of founders from some of the world’s most prestigious research institutes, Stern selected just 27 ventures to take part—9 percent of all applications. Members of the inaugural Creative Destruction Lab have spearheaded disruptive innovation in the realms of artificial intelligence, robotics, material science, therapeutics, and medical devices."

Excerpt from Poets & Quants -- "'Stern has really led the way in these areas, introducing the International Studies Program course in 2001 and the Social Impact Core of courses in 2004. Both of these areas of study have become staples in undergraduate business education broadly, and they show no signs of waning any time soon,' Menon says."

Excerpt from Find MBA -- "NYU Stern’s refreshed application process, which asks candidates for contact details of referees, was introduced, in part, to ensure that prospective students are not writing their own letters. Isser Gallogly, the school’s associate dean of MBA admissions and program innovation, says there are new sophisticated detection methods that schools can use to spot fraud in an application. 'The bottom line is: the letter must be written entirely by the endorser,' he says. 'It simply isn’t worth taking the risk of writing your own.'"

This program will focus on methodologies and tools that help executives plan and implement change more effectively, rapidly and proactively.

Excerpt from The Cocktail Lovers Magazine -- "Luxury in its purest form is a good company with heritage and pure product that delivers quality -- that's the same in any industry. These true luxury companies are very much consumer or service experience driven and want to maintain very high quality product."
 

Excerpt from Axios -- "'It's a little standoff going on here between him and debt-holders trying to figure out who's gonna blink first,' said Herb Kleinberger, a professor at NYU's Stern School of Business."

Excerpt from the Financial Times -- "'Compensation in the old investment banking partnerships was based on low salaries with no guarantees, but a healthy bonus for individuals who were seen to be pulling their own weight,' he says."

Excerpt from the Financial Times -- "'Following the changes, buyers have much less incentive now to buy a larger, more expensive home,' says Professor Lawrence White, an economist at NYU."

Excerpt from CBC -- (1:35) "The fact that she hasn't been known to do it before is probably the most critical because it's a surprise."

Excerpt from SuperDataScience -- "As you understand and develop a data understanding or understanding of your data and you start asking better questions of your data, as you query it, as you choose to select different display types, as you choose to either aggregate or disaggregate your data, right? Are you going to show every point on a map or are you going to fill in just more geographic regions? Does that tell your story better? Dealing with the amount of data or density of your data is also very important. What level of grain are you going to show?"

Excerpt from mbaMission -- "The W.R. Berkley Innovation Labs serve as the hub of all entrepreneurial activities and events at the school, and in 2008, Stern introduced a Sustainable Business and Innovation (formerly Social Innovation and Impact) specialization, thereby formalizing an academic track for students with this career path in mind. And for those who also have the entrepreneurial bug, Stern added a Social Venture Competition—in which participants compete for a $75K prize—to its traditional for-profit $300K Entrepreneurs Challenge."
 

On October 10, Professor Kristen Sosulski discussed her book, Data Visualization Made Simple Insights Into Becoming Visual, in an Author Lecture Series Event.

Excerpt from Markets Media -- "'The most important thing is CxO-level involvement to link business thinking to AI instead of leaving it all to the CTO or business units to make it happen,' Dhar told Markets Media. 'Some of this requires harnessing the brains, skills, and experiences of the employees to define the potential projects they could be doing. The job of the CEO is to prioritize these potential initiatives.'"

Excerpt from the Epoch Times -- (translated from Chinese using Google Translate) "American economists Thomas Hout and Pankaj Ghemawat also investigated intellectual property issues in foreign companies in China, and the paper was published in the Harvard Business Review. 'Executives working in multinational companies in China privately admit that there is usually no benefit in filing a formal complaint or filing a lawsuit against compulsory technology transfer (in China),' they wrote."

Excerpt from Knowledge@Wharton -- (4:30) "...For Versace, is that any company of that size and heritage, because they have been in the market for so long, is always concerned about succession... Every family business is always thinking about succession and thinking that in the long term they may be losing out because they stayed too focused on this very narrow strategy. It was time for them to think how they are going to grow and expand and perhaps secure a future for the company for a much longer run."

On October 9, the NYU Center for Sustainable Business will host a panel entitled, "Next Generation Impact Investing."

Excerpt from The Washington Post -- "'This is a company that’s really predicated on emotion, pleasure, memory,' Schenkler said. 'Things that create a dissonance, psychologically, that can affect buying patterns. You can always just go to Amazon now.'"

Excerpt from The New York Times -- "'It isn’t just that we exchange mutton for port,' Professor Romer said of the benefits of international trade. 'Probably the most important part of globalization is the sharing of knowledge that billions of people can all pursue in parallel.'"

New York University Stern School of Business held a press conference with economist Paul Romer, winner of the 2018 Nobel Prize in Economics, on October 8, at 11am EDT.