Experience Stern | News & Events

Excerpt from CBS -- "NYU statistics professor Aaron Tenenbein did the math and found there’s only a 1 in 300-million chance of winning it all. 'If you’re an average golfer, you have a better chance of getting two successive holes in one,' he told CBS2’s Hazel Sanchez."

Excerpt from the Associated Press -- "The probability of you winning the lottery if you don't play is zero. The probability of you winning the lottery if you do play is about the same. And the reason for that is the probability of you actually winning on a single ticket is 1 in 292 million, which works out to be 0.00000000342."

The TRIUM Global Executive MBA program, a partnership between NYU’s Stern School of Business, the London School of Economics and Political Science, and HEC Paris School of Management, held a module in Silicon Valley, California from January 8 - 18, the first in the program’s history.

Excerpt from Kathimerini -- "Without reforms, a reduction of the State sector, reduction in taxation and increase in production, Greece will continue to repeatedly need EU loans, with its misery increasing. Still, prime minister Tsipras is popular because the opposition parties, and especially ND [New Democracy] have not yet presented reforms and policies that would solve the present problems."

Excerpt from the Financial Times -- "'A lot more pension funds and sovereign wealth funds dramatically expanded their portfolios into real estate,' says Stijn Van Nieuwerburgh, professor of finance at NYU Stern. This expansion is creating jobs in real estate beyond being a developer or landlord on the ground. 'Employers are contacting me daily to circulate positions among our real estate students,' he says."

Excerpt from CNBC -- "'Although public opinion fluctuates based on political, religious, and other demographics and in response to major mass shootings or presidential politics, there appears to be a majority bipartisan desire to establish certain level of gun control — at least as measured by response to the question in the GSS,' said Vishal Singh, a professor at New York University's Stern School of Business. Singh has closely studied the general social survey and has constructed an interactive visualization tool based on GSS data."

Excerpt from The Atlantic -- "'Interest rates are at historic lows ... companies had lots of capital available to them to borrow to engage in deals,' says Robert Salomon, an associate professor of management at New York University’s Stern School of Business. 'The second factor that you can’t ignore is that corporate balance sheets have a lot more cash: The amount of cash on them [is] at an all-time high.'"

Excerpt from Business Radio on Sirius XM -- "[The jobs report] shows you there's more strength in the US economy than people are thinking. It's not just this report. ADP looked good. I should also say the additional jobless claims are at a multi-year low. We haven't seen jobless claims this low in at least a decade or more."

Excerpt from branded.me -- "As a business analyst [at Brooklinen], I have my hands in a little bit of everything between operations, marketing, customer service, and biz dev. Every day is different here, so one day I will be working on building a forecasting model for our supply chain, the next I will be planning our next email campaign, and the next I'll be speaking to a potential business partner."

Excerpt from ValueWalk -- "To the question of 'Do activists make high returns?' both parties seem to agree that the answer is yes. That conclusion, though, may be based not only upon looking at the most successful, high profile investors in the group but also listening to the hype around them. Bill Ackman, Carl Icahn and Nelson Peltz have all had their share of bad investments, and looking collectively at all activist investors, the returns to activism are modest. In fact, given the cost of being activist, a large proportion of activist investors barely break even."

Excerpt from The Huffington Post -- "... The initial experience confirms that the Fed can raise interest rates even though the banking system is awash in excess reserves. By offering to pay interest on reserves, the Fed is placing a floor on the rate banks are willing to lend to households and firms. And, by offering to accept nonbank financial intermediaries overnight reverse repos in large volume, they are creating a floor under the market federal funds rate. If this pattern persists as policy rates rise, the new policy mechanics will be judged remarkably effective."

Excerpt from The Wall Street Journal -- "'It’s most important to have diversity of experiences,' said Karen Brenner, a professor at New York University’s Stern School of Business. 'You don’t necessarily need duplicative skills.'"

Excerpt from Poets & Quants for Undergrads -- "'Massimiliano (Max) Bonacchi. Even though I’ve never taken a class with him, I was fortunate enough to be his Teaching Assistant. His passion for accounting is evident through the way he teaches, but that is not uncommon amongst professors at NYU Stern. ...' – Teri Tan ... 'My favorite professor is Matt Statler, Richman Family Director of Business Ethics and Social Impact Programming and Clinical Assistant Professor of Management and Organizations. He makes the classroom feel like a community and creates an atmosphere that allows for meaningful discussions around the issues that matter most. ...' – Samir Goel"
 

Excerpt from Poets & Quants for Undergrads -- "'Don’t let yourself feel boxed in by what everyone else is doing. Instead find out what you want and let yourself follow that passion.' – Samir Goel ... 'Focus on your business classes, but if you have other interests beyond business, do not neglect them. Business can intersect with most other interests and the result of the mix can be something beautiful.' – Teri Tan"

Excerpt from The New York Post -- "'The majority of these sites are gone or dying,' said Scott Galloway, founder of L2 Inc. and a professor of marketing at New York University’s Stern School of Business."

Excerpt from The New York Times -- "'The United States may not have incredibly robust economic growth and has plenty of problems you can point to,' said Ian Bremmer, president of the Eurasia Group, a geopolitical consultancy. 'But from a stability perspective, when things are more unstable, the United States in some ways gets stronger' as both people and investment dollars gravitate to the nation’s relative stability."

Excerpt from The Huffington Post -- "... Both sides have strong reasons to avoid war. The Saudis know the cost of direct conflict with Iran would be devastating at exactly the wrong moment for the Saudi economy, and the near-term benefits of higher oil prices would do little to strengthen its untested Sunni military, particularly because war could make it impossible for the Saudis to export their product. Losing a war with Iran would put the regime's survival at stake."

Excerpt from Poets & Quants -- "The graduating MBAs at New York University’s Stern School of Business saw a 4.8% increase in total starting compensation packages last year, reaching a new record of $144,199, from $137,582 in 2014. The rise was largely driven by a $10,000 boost in median base salaries of $120,000, up from $110,000 in 2014 and $100,000 in 2013."

Excerpt from TIME -- "'There’s something nice about getting a regular paycheck,' says Arun Sundararajan, a business professor at New York University, 'but we’ve got to get away from thinking that that is the only model.'"
 

Excerpt from Marketplace -- "This sounds like a good thing, but the catch is this free internet access is restricted to only a few sites that Facebook will allow these people to access... I think that the fear here is that the Internet is much more about Facebook. And so having a corporate entity controlling what you can and can't do over your Internet connection can be potentially damaging to inclusiveness in a country."

Excerpt from Bloomberg -- "I think it's moved beyond leadership at this point. I think this is, 'this is over, it's time to sell or spin, and if we need new leadership and a new board, fine.'"

Excerpt from Forbes -- "Currently brand manager for Newcastle Brown Ale and Amstel at Heineken and previously associate brand manager at Unilever for brands including Knorr, Dove Men+Care and Axe."

Excerpt from Ethisphere -- "Each year, Ethisphere recognizes 100 individuals that have made a material impact in the world of business ethics and compliance through the annual 100 Most Influential People in Business Ethics list."

Excerpt from The New York Times -- "Many American voters, Haidt wrote, perceive that the moral order is falling apart, the country is losing its coherence and cohesiveness, diversity is rising, and our leadership seems to be suspect or not up to the needs of the hour.'"

Excerpt from The Washington Post -- "Horton and Zeckhauser expect companies to design more products in the future with an eye to making them more easily shareable – for example, building cars and houses that you can lock and unlock remotely. They also say that more products could be linked to the internet of things to help platforms figure out when they aren’t being used and allow others access to them."