Experience Stern | News & Events

On Tuesday, Dec. 5, NYU Stern will welcome Bob Greifeld (MBA ’87), Co-founder of North Island Ventures and Chairman of Virtu Financial, Inc., to campus as part of Stern’s “C-Suite Speaker Series.”

Excerpt from the Associated Press -- "My sense is that consumers won't benefit all that much from this deal and if anything there will be less choice in the market for consumers looking to purchase both medical coverage and pharmaceutical coverage because once you have both, as CVS will have now, there may be the ability for them to exert power over those corporations with which they are negotiating both pharmacy and medical packages."
 

Excerpt from Bloomberg -- "We now have an Amazon singularity in the markets where all consumer stocks are moving corresponding to what Amazon is or isn't doing. I think one of the components of robust markets is that no one company has too much control..."

Excerpt from CT Post -- "'The patient is sort of caught in this vice,' said Robert Lamb, a professor of finance and management at the Stern School of Business at New York University, who studies mergers. 'The specific arrangement that the two organizations have with each other means that you don’t have, one, freedom of choice but two, they’ve already made an agreement that there will not be outsiders, there cannot be outsiders. … That’s the problem.'"

Excerpt from The Guardian -- "Financed entirely by public resources and without the support of foreign donors, the condominium programme has, however, won its fair share of plaudits. 'It represents a commitment to social housing that is rarely seen in Africa,' says Patrick Lamson-Hall of New York University."

New York University’s Stern School of Business announced the establishment of The Fubon Center for Technology, Business and Innovation, made possible through an $8 million endowed gift from alumnus Richard Ming-Hsing Tsai (MBA ’81), Chairman and CEO of Fubon Financial Holding Co., Ltd. together with Fubon Financial Holding Co., Ltd.

Experts from academia, financial industries, regulatory agencies, media and the legal and accounting professions will gather at NYU Stern on December 4 for a roundtable on “FASB Accounting Standards Update: Measurement of Credit Losses on Financial Instruments,” hosted by the Vincent C. Ross Institute of Accounting Research. 

NYU Stern’s Business & Society Program welcomed Preet Bharara, NYU Law Distinguished Scholar-in-Residence and former US Attorney for the Southern District of New York, to campus for the 13th annual Haitkin Lecture

Excerpt from AM New York -- "'They don’t have the money that [ISPs] will demand,' Nicholas Economides, a professor of economics at the NYU Stern School of Business said. 'Killing net neutrality automatically puts them at a disadvantage.'"

Excerpt from the Stamford Advocate -- "'We’re looking at the end of the cash era, and that means everyone in the payments stack is looking to position themselves,' said Kathleen DeRose, a clinical associate professor of finance in New York University’s business school. 'From Synchrony’s perspective, they benefit from economies of scale.'"

Excerpt from Poets & Quants -- "At New York University’s Stern School of Business, a new tech MBA will offer students a specialized one-year MBA that focuses on business and technology. Peter Henry is the dean at NYU’s Stern. Henry tells the Financial Times that the one-year format matches the employment model of tech employers since tech companies often hire on an ad-hoc basis due to the industry’s imminent pace of change."

Excerpt from Carolina Alumni Review -- "Somehow, we've forgotten that trade, capital flows and immigration are the keys to driving greater shared prosperity -- whether you're in Akron, Ohio, or Accra, Ghana. We need more of those things, not less. I want to get back to advocating for that, and I feel like the best way for me to do that is through my research and teaching -- engaging with students, scholars and even the broader public. Thanks to technology, the classroom's now the world, and the possibilities are endless."

Excerpt from the Des Moines Register -- "'I think they basically flew under the radar,' said Craig, NYU's Catherine and Peter Kellner Professor of Entrepreneurship and Arts and Media Management. 'If you ask people who publishes Better Homes and Gardens, they would say, "I don’t know."' He expects that all to change now that the Des Moines-based Meredith has acquired industry giant Time Inc. 'I d­­­o think this catapults Meredith to the front of the line,' Craig said."

Distinguished academics from around the world will convene to share their research in the rapidly evolving field of network economics at the 2017 NET Institute Conference, held in partnership with NYU Stern’s Center for Global Economy and Business.

Jeffrey Hollender, Co-Founder and former CEO of Seventh Generation, and Meika Hollender (MBA ’13) Co-Founder and Co-CEO of Sustain Natural, will join MBA students and alumni for a 2017-18 Speaker Series Event.

Excerpt from Clear Admit -- "Amazon hired more Stern graduates in the Class of 2017 than any other company, marking the first time that a technology company topped the list of leading employers. In the past five years, technology placements have more than doubled, and they jumped almost 7 percentage points in the past year alone. Stern also last spring announced the launch of a new specialized one-year Tech MBA program and is currently accepting applications for its inaugural class."

Excerpt from Marketplace -- "I think people who own these things have a certain appetite for risk...What you're talking about with digital currencies is much more idiosyncratic risk which is unique to the asset but not tied to the overall economy."

Excerpt from NY1 -- "Most of these companies have policies in place and if it gets that outrageous that they have to fire people in 24 hours, then I have to question whether those policies are working. ... Companies need to start rebuilding trust with their workforce and if they have a policy in place and someone's complaining, they're supposed to do an investigation, they're supposed to get back to the person who's accusing and they're supposed to get back to the person who's been accused."

Excerpt from CFO -- "Companies’ share prices plummet when they file Form NT ('non-timely'), despite stated expectations to meet their deadlines, according to a paper published by professors Eli Bartov of New York University and Yaniv Konchitchki of the University of California at Berkeley in the December issue of the American Accounting Association’s journal Accounting Horizons."

Excerpt from Quartz -- "He believes that payments from content companies to internet providers would end up in the pockets of the internet provider’s stockholders, and not be passed on consumers. 'Right now we don’t see companies like Microsoft, Google and Amazon coming to AT&T begging for prioritization,' Economides told Quartz. He said that instead, we see AT&T coming out and saying we want a new revenue stream."

Excerpt from CityLab -- "Find the universities that are gaining the most traction in engineering or STEM and you’re going to find an ecosystem that can produce a unicorn. My money would be on St. Louis, because of Washington University, which is starting to attract the finest human capital in the nation. Whoever gets the smartest 18-year-olds, 10 years later, they get a unicorn. Pittsburgh is also a great candidate because of Carnegie Mellon. You know how they say 'follow the money'? I say follow the university rankings, specifically for engineering schools."

Excerpt from the Financial Times -- "Prof Yermack at NYU Stern says blockchain technology 'is really changing every industry'. Describing its potential as 'probably as important as the introduction of double-entry bookkeeping', he says there is 'enormous student interest for this, for the jobs it offers'."

Excerpt from the Australian Financial Review -- "'Bitcoin is by consensus the most secure computer network ever developed,' says Professor David L. Yermack, chairman of the finance department at New York University's Stern School of Business. 'Many financial institutions have recognised that blockchains are potential conduits for many assets, including digital currency, shares of stock, real estate titles, and the like. Rather than constructing a blockchain from scratch, one might use an existing blockchain as the infrastructure upon which new markets can be layered.'"

Excerpt from Clear Admit -- "For the Class of 2017 we had almost 17 percent go into the tech industry. That’s up from 10 percent last year, which is a significant increase that we are thrilled to see. Amazon is now our very top employer, and IBM and Google tied for sixth. I think it’s also changed some of the curriculum here at Stern. We have added a Fintech MBA specialization, which employers are well aware of. It really helps us position our students, because they have such a terrific opportunity to learn here at Stern about business and how tech is impacting where the growth opportunities might be."

On November 27, the NYU Stern Office of Alumni Relations will host the next installment of the "Author Lecture Series" featuring Professors Joel Steckel and Allen Adamson. The two will discuss research and findings from their new book entitled Shift Ahead: How the Best Companies Stay Relevant in a Fast-Changing World. President Emeritus John Sexton will moderate the conversation.