Experience Stern | News & Events

Excerpt from VentureBeat -- "Deepfakes are a major concern heading into the U.S. election this November. In a fall 2019 report about upcoming elections, the New York University Stern Center for Business and Human Rights warned of domestic forms of disinformation, as well as potential external interference from China, Iran, or Russia. The Deepfake Detection Challenge aims to help counter such deceptive videos, and Facebook has also introduced a data set of videos for training and benchmarking deepfake detection systems."

Excerpt from Clear Admit -- "Students who choose to come to Stern’s MBA program develop the skills and mindset to embrace and drive change, and immerse themselves in an environment that fosters an entrepreneurial mindset. With our deep ties to industry, they gain access to the organizations and executives leading innovative solutions across global brands, nonprofits and startups throughout their MBA experience. For example, Stern Solutions experiential learning courses and projects give students opportunities to help a corporate partner solve a real business challenge in real time. Past partners have included Citi Ventures, the CFDA and BMW, to name a few. Students can also get involved with Endless Frontier Labs, a program at Stern for early-stage science and technology-based startups who apply from around the world, and through an affiliate course they can have a hands-on, front-row seat to learning how to scale a startup."

Excerpt from FindMBA -- "At NYU Stern School of Business MBA students can join the NYU Startup Online Hub where they can discover and share startup job opportunities with the student body and alumni network. They can also highlight their skills and interests via an individual profile. On the platform students can also ask for help and share advice on working at a startup."

Excerpt from U.S. News -- "International edge: Stern MBA students who specialize in global business can study emerging financial markets, international social impact strategies and similar topics, according to the school's website."

Excerpt from Poets & Quants -- NYU Stern School of Business Dean Raghu Sundaram calls Trump’s move a 'zero-sum presupposition' and says it will damage the U.S. economy in ways that will hurt all Americans. 'We are deeply disappointed by the restrictions placed on high-skilled immigrants coming to the United States,' he tells P&Q, 'and by the zero-sum presupposition behind this move. These restraints will restrict innovation, economic recovery, and the potential for economic growth, hurting all Americans. Last fall we, along with many of our peers, signed an open letter to U.S. policymakers with GMAC to stress the importance of international mobility to the global economy — a position that has taken on new urgency and by which we unambiguously stand today and re-endorse.'"

Excerpt from American Entrepreneurship Today -- “'A common startup trap many would-be entrepreneurs fall into is developing a solution in search of a problem,' said Professor Cynthia Franklin, director of the Berkley Center for Entrepreneurship. 'With the help of our rigorous process, each of these teams identified a demonstrated and compelling market need as well as a clear path forward.'"

Excerpt from Business Insider -- "Research from NYU Stern's Center for Sustainable Business, as reported by Harvard Business Review, says products with a sustainability claim made up 16.6% of sales in 2018, up from 14.3% in 2013."

Excerpt from Business Standard -- "Even Facebook moderators do blunders. Tasked with reviewing about three million posts a day, Facebook moderators make about three lakh mistakes in 24 hours in deciding what should stay online and what should be taken down, according to a new report from New York University's Stern Center for Business and Human Rights."

Excerpt from Poets & Quants -- “'Dolly Chugh has been my favorite professor, and I’ve taken both her Leadership in Organizations and Managerial Skills classes. While I thought business school would be all “hard skills” classes, I’ve enjoyed the opportunity to hone my interpersonal skills and focus on the kind of leader I hope to be. Her interactive classes are inclusive of many learning styles, and I also loved reading her book, The Person You Mean to Be: How Good People Fight Bias. Each class session leaves me energized and excited to implement a new workplace management tool.'"

Excerpt from Financial Times -- "Finance students at NYU Stern School of Business learn about environmental, social and governance (ESG) investment with the help of hard cash as well as lectures. They invest real money through a teaching fund that is at the heart of an experiential learning course. But setting up an ESG portfolio proved to be an education for staff as well as students. An array of ESG standards and metrics made the launch a time consuming process. 'Even once we’d started the fund and put the money in it, it took us at least a month before we bought our first stock,' says Anthony Marciano, a clinical finance professor at Stern, in New York City. Prof Marciano teaches the course based on management of the Michael Price Student Investment Fund, a family of funds with a value of about $2m. 'The other funds started from the get-go. With a value fund it’s easy to pick your benchmark,' Prof Marciano says. 'But we ran into a lot of complexities [with the ESG fund] that we wouldn’t have had with the other funds.'”

Excerpt from Business Insider -- When it comes to scaling your company, 'there is not a one-size-fits-all approach.' That's according to Deepak Hegde, associate professor of management and organizations at New York University. Hegde also directs Endless Frontier Labs, which helps technology and science startups scale. (One alum is Analytical Flavor Systems, a machine-learning and artificial-intelligence platform that predicts individual taste profiles that's now being leveraged to design boutique bread flavors.) For one startup, Hegde said, scaling might mean locating a large-scale manufacturing facility to get a product out to wider markets. For another startup, scaling might mean hiring a sales team.

Excerpt from Poets & Quants -- "In my experience, students at Stern have the benefit of choosing to spend their time between a strong MBA community and the New York City community. If you thrive in a socially dynamic environment, you’d probably enjoy having the flexibility to choose to spend your time with classmates at Stern or with new friends you’ve made in the city. It’s the best of both worlds."

Read the excerpts in Clear Admit here. 

Read the full statement here. 

Excerpt from CNBC -- "A report published on Monday by New York University’s Stern Center for Business and Human Rights called on Facebook, YouTube, and Twitter to stop outsourcing content moderation. 'The widespread practice of relying on third-party vendors for content review amounts to an outsourcing of responsibility for the safety of major social media platforms and their billions of users,' said Paul Barrett, deputy director of the center and author of the report."

Excerpt from QSR Magazine -- “'The work that Just Salad is doing to educate people about their food choices as they relate to planetary health is imperative,' says Sophie Waskow Rifkin, Senior Associate Director, Center for Sustainable Business at NYU Stern School of Business, which facilitated the project. 'I’m incredibly proud of our MBA candidates who are passionately dedicated to sustainability and helped Just Salad take this historical step for the betterment of the restaurant industry and our planet.'"

A team of NYU Stern MBA students won second place in The Small Business School Challenge, a 48-hour nationwide virtual hackathon launched to help support small businesses during the coronavirus pandemic. The Stern team included Fashion & Luxury MBA students Lisa Gehring (MBA ‘20), Hannah Gotfredson (MBA ‘20), and Becca Yu Zhou (MBA ‘20), and was one of 10 finalists. 

Excerpt from The Washington Post -- "'The campaign to 'buy black' is not new in the black community, notes Rachel Marie Brooks Atkins, a postdoctoral faculty fellow at New York University’s Stern School of Business. She says many people who study black entrepreneurship are skeptical that even more widespread adoption can have a lasting impact, noting that the challenges facing black businesses are more fundamental than cash flow."

Excerpt from MarketWatch -- "The 'S' should focus on inequality and the core business practices that fuel it, especially outsourcing and automation. The COVID-19 crisis has laid bare the degree of economic inequality in America. While America's white-collar workers juggle Zoom calls and child care, low-wage earners must either risk infection delivering essential services or find themselves unable to afford rent and other necessities for their families."

Excerpt from Poets & Quants -- "NYU Stern, SternWorks, a joint effort of the Office of Career Development and Office of Student Engagement (the latter of which leads Stern’s experiential learning efforts), gives full-time MBA students a summer experience who don’t otherwise have one lined up — or whose internship was delayed or truncated. The school tells P&Q that the program helps students build skills while giving back to its community — which was hit harder by the pandemic than any other in the U.S. SternWorks is a testament to quick-thinking innovation."

A message from NYU Stern leadership to the Stern community regarding recent events

Excerpt from Poets & Quants -- "The combination of the Fertitta Veterans Program, living in New York City, and the school’s track record in investment banking recruiting led me to choose Stern. As I was transitioning out of the Marine Corps, I was looking for MBA programs with strong veteran clubs. I felt that a strong veteran community would help ensure a smooth transition back to school and facilitate a strong network for future endeavors. Stern has one of the highest military contingents of any MBA program, largely due to the creation of the Fertitta Veterans Program in 2016. The program reduces veterans’ tuition to $30,000 per year and has provided scholarships to many graduates. In addition to tuition assistance, the program helps veterans ease back into academics by taking the statistics and financial accounting core requirements prior to orientation with the rest of the class."

Excerpt from Poets & Quants -- "My favorite professor at NYU Stern has been Tensie Whelan. I had the opportunity to meet Tensie before I enrolled at Stern through events hosted by the School’s Center for Sustainable Business. Through this meeting, I was able to negotiate a research opportunity about ESG credentials of Fortune 100 board members. I was then also able to work as Professor Whelan’s teaching fellow for four of her courses at the Undergraduate, MBA, and Online Certificate levels. Prior to working with Tensie, I was aware of how approaching investing from a sustainable mindset could be used as a risk mitigant. However, as her teaching fellow, I was able to watch her successfully demonstrate the potential financial upside available for companies which I can use going forward in my professional life."

Excerpt from Poets & Quants -- "In mid-March in response to the pandemic, New York University’s Stern School of Business created the SternWorks program to “ensure that every full-time MBA student who seeks a summer experience (or whose start date for an internship is delayed) will have one in order to skill build, create impact, and have the opportunity to give back to the NYC community during these extraordinary times,” a Stern spokesperson says. In three weeks, the school partnered with many stakeholders and created more than 100 projects and $600,000 to support MBAs this summer."

Excerpt from Poets & Quants -- "NYU Stern’s The Center for Real Estate Finance Research was established in 2012 to foster research in real estate finance, economics, and operations at Stern, and to improve and expand course offerings and career services in the MBA and undergraduate programs. Its mission also includes deepening the relationship between the Stern school and the real estate industry."

Excerpt from FindMBA -- "FIND MBA has updated its shortlists of the top 10 MBA programs by specialty for 2020. These Top 10 Lists—which group the best MBA programs for specific industry areas and business functions—are designed to help potential applicants quickly find the best MBA programs for their career goals. The lists take into account employment data, MBA concentrations on offer, research capacity, and other factors to help future MBA students find some of the best business schools for careers in various industries and functions."