The failure of Silicon Valley Bank (SVB) last week exposed the fragility of the banking system. Hear from some of NYU Stern's leading banking scholars about SVB's decline and the overall health of the banking system, and what dangers lie ahead.

A sampling of media highlights for the week of March 14, 2023

Excerpt from Financial Times -- “More diverse and rich conversations are enabled by international participation through the online mechanism,” observes Tensie Whelan, who teaches many of the online courses at New York University’s Stern School of Business, where she is director of the NYU Stern Center for Sustainable Business.

Excerpt from Executive Courses -- “Participants learn how to reduce risk, create competitive advantage and develop innovative services, products and processes in a sustainable way that builds value for society and protects the planet,” says Whelan.

Excerpt from Poets & Quants — "Since the beginning of P&Q’s proprietary ranking of undergraduate business programs, NYU Stern has ranked among the best of the best."

A sampling of media highlights for the week of March 7, 2023

Modern AI language systems are astounding, as we are reminded almost every day. But they also are criticized for their (lack of) accuracy, their tendency to just make things up, their banal song lyrics, and their lack of true intelligence (recall last fall’s fireside chat with Prof. Gary Marcus). Where are we, really, when it comes to AI “large language models” helping us to actually do real work?

Victor Williams, CEO of NBA Africa, joins NYU Stern Prof. Sinziana Dorobantu for a fireside chat about basketball in Africa and the National Basketball Association (NBA)'s growth strategy in the region.

Excerpt from Poets & Quants — "Among the schools we analyzed, the highest growth in median base salary occurred at NYU Stern School of Business, which saw its MBAs’ starting salaries grow from $125,000 to $170,000, which is 36%."

On Monday, March 6, the Center for Global Economy and Business and the Volatility and Risk Institute co-hosted a fireside chat with Jeanna Smialek (MBA ’20) on her new book Limitless: The Federal Reserve Takes on a New Age of Crisis. NYU Stern Professor Emeritus Kim Schoenholtz moderated the discussion.

Excerpt from Poets & Quants — "Overall, none of this life-changing experience would have been possible without the people we shared it with. This included our incredible organizers from both NYU Stern and University of Cape Town. Thanks to their planning, we learned more beyond just doing business in South Africa. We also received a series of lectures on the economic and political landscape of Africa as a continent, the complex issues behind food insecurity in South Africa, and how tourism can become more sustainable to both the environment and the community."

Excerpt from U.S. News & World Report -- "I think more and more companies are realizing whatever they're doing, there's a human rights component," says Michael Posner, founder and director of New York University's Stern Center for Business and Human Rights. "And business schools ought to be preparing the next generation of business leaders to tackle those issues in a smart way."

Excerpt from Poets & Quants — "And five schools admitted classes that had an average SAT score of at least 1500, with New York University's Stern School of Business leading the way with an average of 1542."

A sampling of media highlights for the week of February 28, 2023

Excerpt from Philanthropy News Digest -- “Anne is a role model who has elevated the standards around educational access to phenomenal heights,” said NYU Stern executive board chair Andre J.L. Koo (MBA ’94), “We are enormously grateful for her vision, for her commitment, and for modeling so superbly the impact of what can be achieved through legacy giving.”

Excerpt from The Chronicle of Philanthropy -- "The business school has received a commitment of $53.6 million from Anne Tasca to back scholarships for undergraduate and MBA students. The planned bequest will also pay for study abroad and travel opportunities for students, and endow a faculty chair named for her father, the economist and American diplomat Henry Tasca." 

Join award-winning Stern professor, psychologist, and author Dolly Chugh in conversation with Stern's beloved Senior Associate Dean for Diversity and Inclusion Victor Mullins as they look at the emotional relationship we have with our country and its complicated past.

Excerpt from Find MBA -- "At Stern in New York City, the median base salary increased $15,000 to $170,000, while signing bonuses matched last year’s record of $35,000." 

On Friday, February 24, 2023, the Chen Institute for Global Real Estate Finance hosted "InnovateESG 2023: Advancing Real Estate’s Environmental, Social, and Governance Missions Through PropTech and Innovation." Anthony Malkin, Chairman, President, and CEO of Empire State Realty Trust, joined the forum as keynote speaker.

The theme of the 18th Annual Conference will be Inflation & Valuation, the onset of new risks in alternative investing and will explore the impact of new risks: inflation, rising interest rates, geopolitical turmoil and climate contribution to the surge in volatility and slowdown in alternative investing with 6 different panels, industry speakers and a networking lunch and mixer.

Excerpt from Poets & Quants — “There is only one word to describe Anne’s generosity and that is ‘breathtaking,’” Stern Dean Raghu Sundaram says.

Today, New York University Stern School of Business announced a landmark gift of $53.6 million from alumna Anne E. Tasca (BS ’88) that represents three remarkable milestones for the School: the largest single gift in the School’s history; the largest total giving amount from a woman donor; and the largest total testamentary commitment ever received from a single donor by the School. 

A sampling of media highlights for the week of February 22, 2023

Excerpt from Find MBA -- “We live in a world in which the norms and needs of organizations and the professionals who work for them continue to evolve, often with great speed,” says Raghu Sundaram, dean at NYU Stern. “We recognize that one size does not fit all and hope to be giving students more innovative ways to customize their MBA experience.”

A sampling of media highlights for the week of February 14, 2023