Experience Stern | News & Events

Excerpt from VoxEU -- "Fiscal adjustments based upon spending cuts are much less costly in terms of short-run output losses than those based upon tax increases. Adjustments based on tax increases are associated with large and prolonged recessions, whether the adjustment starts in a recession or not. The dynamic response of the economy to a consolidation programme does depend on whether it is adopted in a period of economic expansion, but the size of this source of non-linearity is small relative to the effect that depends on whether the consolidation is tax-based or expenditure-based."

Excerpt from Yahoo -- "One of the first things [the CFDA Fashion Incubator Program participants] do is spend a semester working with an MBA student from NYU’s Stern School. That’s like having a McKinsey [consultant] working with you. So right away, they’re refining their business strategy and learning to be fiscally responsible, things that aren’t always front-of-mind for creatively focused people."

Excerpt from Accepted -- "Alumnus Lorenzo Fertitta (MBA ’93) and his brother Frank J. Fertitta III have given New York University’s Stern School of Business a $15 million endowment gift to create a new program exclusively for U.S. military veteran and active duty students who will be entering the school’s full-time MBA program next year. The school predicts that approximately 20 entering full-time MBA military students who are accepted into the Fertitta Veterans Program will receive scholarship assistance that reduces their tuition to $30,000 per year. Students qualifying for veteran benefits, including Yellow Ribbon funding, will continue to be entitled to receive those benefits."

Excerpt from MarketWatch -- "It was apparent from the panel discussion on 'Recent trends in non-GAAP reporting' last week, which was hosted by New York University’s Stern School of Business and included MarketWatch’s Transparency Reporter Francine McKenna and SEC Associate Director Kyle Moffatt, that regulators are starting to turn the screws."

Excerpt from The Chronicle of Philanthropy -- "Brothers Lorenzo Fertitta and Frank Fertitta III donated $15 million to endow a new program for active-duty U.S. military members and veterans entering the business school’s MBA program next year. Lorenzo Fertitta earned an MBA from the Stern School in 1993 and runs Zuffa, a sports-promotion firm that specializes in mixed martial arts. Frank Fertitta is chief executive of Station Casinos. The brothers own both companies."

Excerpt from MetroMBA -- "The effort to naturally integrate returning military veterans is not just limited to the school, says Raghu Sundaram, vice dean of MBA programs. 'A part of it is professional: connecting them to alumni who are themselves veterans and who can act as mentors, assisting in this transition process and to corporations who hold special events for veterans,' Sundaram says. 'And a part of it is social, allowing them to bond with each other even as they get to know the school and the city.'"

Excerpt from Poets & Quants -- "'We’re thrilled to be able to honor men and women of the armed services,' Henry says. 'We believe in producing leaders who can transform the 21st century, and we think veterans embody so many of the characteristics we think are essential.'"

Excerpt from Poets & Quants -- "'Individually, they represent a diverse set of professional backgrounds, cultures and experiences,' he notes. 'Collectively, they are a high-potential group with a passion for Stern and strong "IQ plus EQ."'"

Excerpt from TopMBA -- "Mindfulness practice can support us in this line of inquiry. It can help us ask the tough questions that can then lead to wiser decisions and actions, says Connie Kim, director of NYU Stern’s Leadership in Development program, which teaches mindfulness to full-time and executive MBA."

NYU Stern’s MS in Business Analytics program hosted an Executive Education Day at NYU Shanghai, integrating local and regional expertise into students’ academic development.

Excerpt from TopMBA -- "Self-awareness is a key characteristic of being a leader, and NYU Stern’s Leadership Development Program aims to support those MBA students who are keen to deepen their self-understanding in their endeavor to have a positive impact."

Professor Stijn Van Nieuwerburgh has been awarded the 2015 Bernácer Prize, which is given annually to a European economist under the age of 40 who has made outstanding contributions in the fields of macroeconomics and finance.

Excerpt from Clear Admit -- "In our recent chat with Gallogly, '...I have always seen it as more of a calling than a career,' he says. 'You never know how the numbers are going to pan out, but more than that, you just know how important it is to everyone applying,' he adds. 'It is a life-changing experience, applying is a really tough process, and we have an important responsibility to make the best decisions we can for everyone.'"

Excerpt from NY1 -- "'[The SVOne] is for refraction exam only, AKA only for your eyewear prescription. It’s not for eye health, and we very strongly recommend our users to go to the doctor for the eye health part,' says Smart Vision Labs CEO Yaopeng Zhou. 'But if you just want to renew your prescription or you lost your eyeglasses, urgency or something, then this device is the solution.'"

Excerpt from Bloomberg -- "Market-based measures support the view that Deutsche Bank is heavily intertwined with the rest of the global financial system. According to a systemic risk (SRISK) gauge first designed by the Volatility Institute at New York University's Stern School of Business, the bank would face a capital shortfall of 87.4 billion euros if it were still to fulfill capitalization requirements in the event of a financial crisis — which they define as a 40 percent semi-annualized fall in global stock markets."

Excerpt from The Irish Times -- "Addressing the New York University Stern School of Business on Tuesday, he said: 'Put differently, forceful accommodative monetary policy in the short run is the best method that policy rates do not stay low for longer than is necessary.'"

Excerpt from MBAInsight -- "I chose business school to make a career switch and, in the process, take my career to the next level. Additionally, I wanted to develop the type of network that would allow me to make friends while also potentially help me down the road when I had graduated. Finally, there were some technical aspects that I was missing in my undergraduate education, which I needed to understand to succeed in consulting."

 

Excerpt from Accepted.com -- "Stern is an incredible place. It may sound cliché, but my favorite thing about the program is my classmates. I have made friends and trusted colleagues for life in a little over a year’s time. That’s very difficult to do. I give a lot of credit to Stern’s admissions team for putting together an awesome and diverse class."

Excerpt from Clear Admit -- "Since launching, the center also assembled its corporate advisory board, recruited a host of industry research scholars, hosted Unilever CEO Paul Polman on its campus and published the 'How Corporate America Can Support the Paris Climate Deal' op-ed in Fortune on Earth Day, April 22, 2016. Each important move reflects the center’s overall theme of 'A Better World through Better Business.'"

Excerpt from MindfulMBA -- "A grounding in practical application is paramount for Kim, and her program’s offerings are designed to emphasize 'IQ plus EQ' — academic excellence and emotional intelligence — a combination Stern believes is critical for leadership success. For example, she and Shy collaborate frequently on events, merging MindfulNYU’s expertise in mindfulness techniques with the leadership lens of Mindfulness in Business."

Excerpt from Accepted.com -- "I’ve lived in New York for about five years now and knew that I wanted to pursue my MBA here. There is no place in the country that offers a better business education than New York City—this is the heart of commerce, banking and innovation. At Stern, we’ve got the Fed, Madison Avenue, Wall Street and Silicon Alley all within walking distance of campus."

Excerpt from Poets & Quants -- "...NYU’s Stern School of Business has taken a massive step past the others by creating an eight-course fintech specialization kicking off this fall."

Excerpt from BusinessBecause -- "Google, whose parent company Alphabet makes bearish bets on everything from driverless cars to medical technology, has become the poster child for the tech groups luring America’s top students away from more traditional fields. Roxanne Hori, associate dean of corporate relations and career services at NYU Stern, says that financial services companies are competing for talent with Google, LinkedIn, Amazon, Microsoft and others."

Excerpt from FindMBA -- "As part of the new 'NYU Stern Ventures Fellow Program,' fellows will receive a $10,000 stipend, workspace, and will be able to participate in a summer program, which includes an immersion week in Silicon Valley. After the summer is over, fellows will also continue to receive mentorship and other support throughout their second year of the MBA program, and will be able to receive course credit for independent study where they can focus on their startups."

Excerpt from Clear Admit -- "'For this admissions season, at Stern we are starting with the LOR open-ended questions,' Goggin says. 'We feel this is the part of the recommendation that takes the most time to prepare and by using common questions, we can dramatically lessen the burden on those writing recommendations for one applicant at multiple schools.'"