Experience Stern | News & Events

Excerpt from Elle -- (Translated from Italian using Google Translate) "The GCFA North Star Award: NYU Stern Center for Business and Human Rights and the Union of Concerned Researchers in Fashion, two organizations that have combined global research with sustainability issues."

Excerpt from The New York Times -- "Decrying 'safetyism' at elite colleges, the authors link rampant anxiety to overparented students with impossible expectations of protection. Our reviewer, Thomas Chatterton Williams, praised the 'disturbing and comprehensive analysis of recent campus trends.'"

Excerpt from Bloomberg -- "If you look back over history, we get occasional dislocations, which are basically liquidity crunches in the financial system, and the Fed has demonstrated, yesterday and on other occasions, a capacity to deal with it..."

Excerpt from The Wall Street Journal -- "There are 'risks of tailwinds and costs to monetary policy being too accommodative,' Mr. Rosengren said in the text of a speech to be delivered Friday at an event at New York University. 'Additional accommodation is not needed for an economy where labor markets are already tight—and risks further inflating the prices of riskier assets, and encouraging households and firms to take on what may be too much leverage.'"
 

Excerpt from Business Insider -- "'Cute doesn't cut it,' Allen Adamson, adjunct professor of marketing at NYU Stern and cofounder of marketing company Metaforce, told Business Insider. 'The challenge is when you create an icon that you burn into someone's head, whether it's the Laughing Cow or the Trix Rabbit, then the trick is, how do you have it do more?'"

Excerpt from Bloomberg -- "'The market is getting more aggressive as it often does towards the top of the cycle,' said Gustavo Schwed, a former partner at private equity firm Providence Equity Partners who is now a professor at New York University Stern School of Business. 'That’s when people get creative.'"
 

Excerpt from MSNBC -- "[Sources of disinformation] range from individuals on peripheral sites like 4Chan and 8Chan -- there's a lot of explicit racist activity... all the way up to the President of the United States, who uses Twitter, on many occasions, to make pronouncements that turn out to be completely false."

Excerpt from Livemint -- “'The difference between voting and non-voting shares should go to zero if there is no chance of changing management/control,' says corporate finance expert, Aswath Damodaran of New York University, in a paper titled The Value of Control."

The NYU Stern Salomon Center for the Study of Financial Institutions will co-host an event entitled, "Where Are We in the Credit Cycle? Outlook for Credit Markets," on Friday, September 20.

Excerpt from Raw Data Podcast -- "Google knows your intent... They have all of these data points on you that they've gathered from your daily interaction with the world via the internet...So they see it all. And they're able to paint a very rich picture of you."

Excerpt from Morning Consult -- "Hardart said this may be a competitive strategy to lure subscribers. As companies pursue recognizable intellectual property — citing Amazon Prime Video’s work developing a 'Lord of the Rings' television series as an example — the networks and streaming services are 'finding things that are brands themselves that will bring their people in to get the service,' he said."

Excerpt from In the Black -- "In his book The End of Accounting and the Path Forward for Investors and Managers, Lev suggests that financial reports have largely become an exercise in compliance, as opposed to an information-sharing activity that reflects strengths such as a great brand or unique business processes such as Amazon’s and Netflix’s customer recommendation algorithms."

Excerpt from Forbes -- "Among the most striking current examples of coopetition, says Brandenburger, is that between Apple and Samsung. While Samsung’s Galaxy and Apple’s iPhone are competing products, Samsung at the same time continues to be one of Apple’s main suppliers (the company supplies screens to Apple)."

NYU students and alumni convened at NYU Stern for an evening with NYU alumnus Scott Harrison (CAS '98), founder and CEO of charity: water, New York Times bestselling author and NYU’s 2018 Alumni Changemaker of the Year.  The special lecture was jointly organized by the NYU Stern Center for Sustainable Business, NYU Stern Business and Society Program, NYU Wagner Graduate School of Public Service, NYU College of Arts & Science Department of Environmental Studies and NYU Stern Undergraduate College.

Excerpt from Reuters -- "Companies do not rely primarily on loans to pay for new factories and equipment. Between 1980 and 2017, 80% of the cash for corporate capital expenditure in the United States came from retained profit, according to economists Stephen Cecchetti and Kermit Schoenholtz."

Excerpt from Financial Times -- "'For a decade, [Netflix has] spent more and more money on content to get users and increase market capitalisation, and it worked,' Aswath Damodaran says. 'But the question is: how do you get off this treadmill? At some point spending 75 per cent of every dollar on content won’t be sustainable. The next year is going to be the big challenge.'"
 

Excerpt from Clear Admit -- "When asked, 'Why the Stern School of Business?' students of the incoming NYU Stern Class of 2021 applauded the customizable curriculum and the school’s New York City location as highest on their list of reasons. Candidates can choose up to 3 specializations from over 20 options and can take up to one quarter of their classes for the degree with NYU Stern’s international partner institutions. In regards to location, Lisa Rios, executive director of MBA admissions at Stern, said, 'We make the student experience all about transformation, and we leverage our home in NYC and our deep connection to industry to make that happen.'"

Jihoon Rim, Executive Advisor & Former CEO of Kakao, joins Stern as an Executive-In-Residence. Rim will work directly with Stern’s Fubon Center for Business, Technology, and Innovation; he also serves as an adjunct professor in the Technology, Operations, and Statistics Department and is involved with the Andre Koo Technology and Entrepreneurship MBA Program.

Kicking off another year of the $300K Entrepreneurs Challenge at NYU Stern, the School’s  W. R. Berkley Innovation Labs hosted its annual Kick-Off & Info Session.

Excerpt from The Real Deal -- "'Gee, how do you establish rules that apply to Missoula, Montana, to Center City, Philadelphia, to Tampa, Florida, let alone Queens and Brooklyn?' he said. 'We have great difficulty administering a rent control program in New York City. I can’t imagine doing it on a nationwide basis. It’s just chaos.'"

Excerpt from Politico -- "The lawmakers cited a National Bureau of Economic Research study from last year that found 'private equity buyouts lead to expanded enrollment and increased profits, but also to higher tuition, lower education inputs, lower graduation rates, higher student borrowing, lower repayment rates, and lower wage earnings.'"

Excerpt from Ensia -- "'A lot of regulations, when businesses really get down to it, they find it helps them become better managed,' says Tensie Whelan, director of the New York University Stern School of Business’s Center for Sustainable Business. 'You not only reduce pollution, but you also reduce your cost.'"

Excerpt from Education Dive -- "'To keep the attention of all these students from such diverse backgrounds is a challenge for sure,' Yermack said. 'It forces you as a professor to really think about, "How am I going to explain this and make it seem universal enough that people from both a philosophy background and an engineering background should care about it?"'"

Today, New York University’s Stern School of Business announced that it received a $5 million gift from alumna Elizabeth Elting (MBA ’92), the single largest gift from a self-made woman in the School’s history.  With this support, Elting aims to champion the next generation of talented and entrepreneurial women affiliated with her alma mater, an intention that aligns with the mission of the Elizabeth Elting Foundation she now runs after a successful business career leading the multi-million dollar global translation business she founded in an NYU dorm room in 1992.

On September 17, humorist, former writer of the New York Times Magazine weekly column “The Ethicist,” and four-time Emmy Award-winner Randy Cohen will host a live taping of his podcast Person Place Thing featuring Professor Tensie Whelan, director of the NYU Stern Center for Sustainable Business.