Faculty News

Prof. Paul Romer is featured for implementing his charter cities theory in Honduras

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Excerpt from The New York Times Magazine -- "Romer, who is expected to be chairman, is hoping to build a city that can accommodate 10 million people, which is 2 million more than the current population of Honduras. His charter city will have extremely open immigration policies to attract foreign workers from all over."
Faculty News

Prof. Scott Galloway on Michigan's governor, Rick Snyder

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Excerpt from Reuters India -- "'This is a guy who got along with the board, who got along with employees and who got along with Ted Waitt as the stock went from $80 to a buck,' said Scott Galloway, a well-known activist investor and marketing professor at New York University who was on Gateway's board at the time."
Faculty News

Prof. Melissa Schilling is featured for her research on cognitive insight

Excerpt from IEDP blog -- "What brings about the ‘aha’ moment, when the strategy puzzle suddenly falls into place? Melissa Schilling of NYU Stern School of Business, has studied this process and discovered that often it happens when an unlikely association of ideas occurs through a random yet purposeful search that then creates a ‘shortcut’ to seeing a new pattern or system."
School News

Director of CCWP Abigail Kies on dressing for a job interview

 Excerpt from New York Daily News -- "The more you can blend in for an interview looks-wise, the better (it is) so they can focus on what you're saying and the value you'll add."
Faculty News

Prof. Nicholas Economides on the Greek elections

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Excerpt from Bloomberg Radio -- "I think they need one more party at least to be able have a viable coalition and the most likely candidate is a party called Democratic Left which is against the austerity but maybe not as strong in that respect as the other parties."
Business and Policy Leader Events

Second Annual Faculty Excellence Dinner

As part of a new annual tradition, NYU Stern faculty and guests gathered to celebrate a number of recent faculty accomplishments across the School.
Research Center Events

NYU Teams Win $200K in Stern's 2011-2012 Entrepreneurs Challenge

The winners of this year’s NYU Stern Entrepreneurs Challenge received more than $200,000 in seed money and in-kind support. After pitching their venture ideas, the five winning teams, each led by NYU students, were chosen by a panel of judges from the venture capital, technology and social enterprise sectors.
Faculty News

Nobel Laureate Prof. Thomas Sargent on the derivatives market

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Excerpt from Financial Times -- "'It’s the paradox of a free market,' Mr. Sargent said. 'Markets are great, they function very well, but nobody has the incentive to create the set of rules.'"
Faculty News

Prof. Arun Sundararajan on Facebook's valuation

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Excerpt from US News & World Report -- "'The valuation [of Facebook] does seem high relative to their most recent revenues. However, I don't think the optimism is unwarranted,' says Arun Sundararajan, an associate professor of Information, Operations and Management Sciences at NYU's Stern School of Business."
Faculty News

Nobel Laureate Prof. Robert Engle is profiled

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Excerpt from Risk Magazine -- "Unlike many in the quantitative finance world, Robert Engle, the Michael Armellino professor of finance at New York University (NYU) is no physicist or mathematician – he is an economist through and through. Before going into finance, he worked in urban economics and econometrics, and even studied the effect of weather on electricity demand ... "
Faculty News

Prof. Nicholas Economides on political parties opposed to austerity in Greece

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Excerpt from Bloomberg TV -- "There's a whole bunch of [anti-austerity parties in Greece], both from the left and from the right. ... They don't like the present situation, they want to change it, but they don't have any concrete plans, except possibly some would say Greece would leave the euro."
Business and Policy Leader Events

The Battle for the Internet: What the Future Holds for Copyright Law

Fred Wilson of Union Square Ventures, Alexis Ohanian of Reddit and Billy Chasen of Turntable.fm participated in a panel discussion at NYU Stern to discuss some of the complex issues surrounding recent legislative proposals in the area of online intellectual property.
Faculty News

Prof. Nouriel Roubini shares his global economic outlook

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Excerpt from CNBC -- 'People who believe that in five years we’re going to be energy-independent are deluding themselves. It’s going to be a 10- to 20-year story,' he said."
Faculty News

Prof. Samuel Craig on the options for online TV content providers

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Excerpt from Marketplace -- "If you sell more ad time you increase the clutter, it becomes less desirable as a watching experience place for consumers. So you're ultimately between a rock and a hard place."
School News

Executive MBA student Robert Amler on the financial state of the healthcare industry

Excerpt from Westchester Magazine -- "More and more physicians are captive in practices that are now owned or operated by the hospital in which they work. Let’s face it: Their professional responsibility may be to the patient, but their responsibility as employees is to their employer."
Faculty News

Executive-in-Residence Sheila Wellington on the role of a CEO's executive assistant

Excerpt from Chief Executive Magazine -- "'Anything that can be delegated so that the executive assistant can focus on the CEO's needs saves the CEO time,' says Sheila W. Wellington, clinical professor of management and organizations at New York University's Stern School of Business."
Faculty News

Professor Arun Sundararajan's research on India's UID and entrepreneurial activity

Excerpt from Innovation News Daily -- "'There are going to be much more reliable ways of people keeping track of and demonstrating human capital in ways that I haven't seen in any other country,' Sundararajan told InnovationNewsDaily."
School News

Assistant Dean Pamela Mittman on job opportunities for MBA grads

Excerpt from Econoplay -- "' ... we saw an increase in activity in the media/entertainment/technology sectors, and luxury retail – which tracks with our educational offerings in these areas,' Mittman said. 'We anticipate our graduation employment report to show a smoothing out in the balance of industries as a result.'"
Faculty News

Dean Geeta Menon on an anti-childhood obesity ad campaign

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Excerpt from The New York Times -- "Geeta Menon, a professor of marketing and dean of the undergraduate college at the Stern School of Business at New York University, said she liked the ads’ suggestion of 'tactical things people can do to be healthier.'"
Faculty News

Nobel Laureate Prof. Robert Engle suggests higher US inflation rates

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Excerpt from Bloomberg -- “A little bit of inflation would do a whole lot of good for the U.S. economy, would certainly do a lot of good for the housing market.”
Faculty News

Nobel Laureate Prof. Robert Engle on bank regulation

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Excerpt from Bloomberg -- "I think one of the real dilemmas in bank regulation is that so much of it's based on accounting numbers. And the accounting numbers don't typically reflect market values and the forward-looking views of financial investors."
Faculty News

Prof. Tulin Erdem observes changes in classic advertising agencies

Excerpt from CRM Magazine -- "'Everything is about the integration across different communication channels, and many classic advertising agencies now offer consulting or creative services in all domains,' Erdem observes."
Faculty News

Prof. Paul Romer is featured for his idea to create charter cities in developing countries

Excerpt from Development Asia Magazine -- "'Instead of focusing on poor nations and how to change their rules, we should focus on poor people and how they can move somewhere with better rules,' [Romer] wrote in 2009. 'One way to do this is with dozens, perhaps hundreds, of new 'charter cities,' where developed countries frame the rules and hundreds of millions of poor families could become residents.'"
Faculty News

A course taught by Prof. William Baumol on economic theory is highlighted

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Excerpt from The Atlantic -- "Thanks to Professor Baumol's friendly but demanding tutelage, I gained a quiet confidence that was (is) a gift of incredible value. An impersonal educational setting, or studying with a much less gifted teacher, would not have permitted that kind of learning."