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Press Releases
NYU Stern Designs Program Exclusively for U.S. Military MBAs with $15 Million Endowment Gift
— November 1, 2016NYU Stern Designs Program Exclusively for U.S. Military MBAs with $15 Million Endowment Gift
With Veterans Day approaching, New York University’s Stern School of Business is announcing a $15 million endowment gift from alumnus Lorenzo Fertitta (MBA ’93) and brother Frank J. Fertitta III 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. -
Press Releases
Companies’ Efforts to Build Strong Relations with Stakeholders Can Prevent Crises and Lessen Their Financial Impact
— October 18, 2016Companies’ Efforts to Build Strong Relations with Stakeholders Can Prevent Crises and Lessen Their Financial Impact
New research by NYU Stern Professor Sinziana Dorobantu and co-authors, Wharton School Professor Witold Henisz and Moore School Professor Lite Nartey, reveals that stakeholders’ perceptions of an organization are critical in understanding whether a negative news event escalates into a bigger crisis by sparking a broader social movement against the organization. -
Press Releases
Self-Reliant Women Are Five Times More Likely to Be Judged as Better Leaders than Self-Reliant Men, According to New Research from NYU Stern
— September 15, 2016Self-Reliant Women Are Five Times More Likely to Be Judged as Better Leaders than Self-Reliant Men, According to New Research from NYU Stern
Research has shown that people are predisposed to believe men are more capable leaders than women, and women with assertive or dominant characteristics are often viewed in a more negative light than their male counterparts. New research from NYU Stern Professor Rebecca Schaumberg finds that this perception is reversed for female leaders who exhibit self-reliance – the capacity to self-govern and control their own outcomes. -
Press Releases
One Additional Minute of Exposure to Display Advertising Can Boost Traffic to a Website by 10% - By Anindya Ghose
— September 8, 2016One Additional Minute of Exposure to Display Advertising Can Boost Traffic to a Website by 10% - By Anindya Ghose
New research from NYU Stern Professor Anindya Ghose and Emory University Professor Vilma Todri introduces a unique digital attribution framework to measure the effectiveness of display advertising on a consumer’s likelihood to search for a brand or product, and ultimately, make a purchase. -
Press Releases
NYU Stern School of Business Alumnus David Ko and Wife Jennifer Ko Give $1 Million to the School to Create Summer Immersion Program for Aspiring Entrepreneurs
— August 24, 2016NYU Stern School of Business Alumnus David Ko and Wife Jennifer Ko Give $1 Million to the School to Create Summer Immersion Program for Aspiring Entrepreneurs
New York University Stern School of Business announced the establishment of The NYU Stern Venture Fellows Program with $1 million from technology executive and alumnus David Ko (BS ’93) and his wife Jennifer Ko. With this generous gift, Stern MBAs will have the opportunity to apply to this new immersion program in lieu of a traditional summer internship and benefit from financial support, mentorship, workshops and access to NYC and Silicon Valley tech companies. -
Press Releases
Information Sharing in U.S. Treasury Auctions: The Case for Why it Creates Value for Investors and Decreases Risk
— August 15, 2016Information Sharing in U.S. Treasury Auctions: The Case for Why it Creates Value for Investors and Decreases Risk
New research from NYU Stern Professor Laura Veldkamp and Nina Boyarchenko and David O. Lucca of the Federal Reserve Bank of New York, finds that information sharing in U.S. Treasury auctions raises auction revenues, as bidders are better informed. When information sharing enables collusion, the collusion initially costs revenue, but prohibiting information sharing costs more. -
NYU Stern’s Paul Romer Named the World Bank’s Next Chief Economist
The NYU Stern School of Business today announced that Professor of Economics Paul Romer has been selected by the World Bank to become its next Chief Economist. Romer is currently the Director of the NYU Marron Institute of Urban Management, University Professor, and the Founding Director of the NYU Stern Urbanization Project. -
Press Releases
NYU Stern and L2 Debut Inaugural Digital Leadership Academy for Iconic Brands in Retail, Beauty, CPG and Luxury
— July 14, 2016NYU Stern and L2 Debut Inaugural Digital Leadership Academy for Iconic Brands in Retail, Beauty, CPG and Luxury
NYU Stern School of Business and L2, a digital benchmarking firm founded by the School’s Professor of Marketing, Scott Galloway, held the first annual Digital Leadership Academy at Stern from July 13-14. The two-day event, featuring speakers from Stern, other leading business schools and L2, hosted C-level executives from some of the world’s most iconic consumer brands. -
Press Releases
NYU Stern to Offer New FinTech Specialization in the MBA Curriculum Starting Fall 2016
— June 22, 2016NYU Stern to Offer New FinTech Specialization in the MBA Curriculum Starting Fall 2016
NYU Stern School of Business, known for its academic strength in finance, is expanding its MBA curriculum to prepare students for future jobs in FinTech as the finance industry faces one of the most significant disruptions in its history. Beginning in Fall 2016, Stern’s full-time and part-time MBA students can choose FinTech as a specialization, a first among top business schools, and take electives from a menu of eight new courses. -
Press Releases
New York University and CBS Corporation Partner on New NYU Stern/CBS Media Analytics Initiative
— June 15, 2016New York University and CBS Corporation Partner on New NYU Stern/CBS Media Analytics Initiative
New York University and CBS Corporation announce the NYU Stern/CBS Media Analytics Initiative, a new program designed to advance cross-media research by providing a wider understanding of the nature of the interactions between television and other media platforms and how they influence consumer exposure and behavior. -
Press Releases
NYU Stern Tackles College Affordability with 34 New Full Scholarships for High-Achieving/Low-Income Students with its “Access Initiative”
— May 26, 2016NYU Stern Tackles College Affordability with 34 New Full Scholarships for High-Achieving/Low-Income Students with its “Access Initiative”
In just two years, NYU Stern has lifted the number of full scholarships from zero to 34 for high-achieving/low-income business students who are admitted to the School’s Undergraduate College. Named “The Access Initiative,” the effort marks a radical change in the School’s ability to open its doors to the most promising young people with extreme financial need. -
Press Releases
Total SEC Enforcement Actions against Public Companies and Subsidiaries Rise
— May 17, 2016Total SEC Enforcement Actions against Public Companies and Subsidiaries Rise
A new report issued jointly by the NYU Pollack Center for Law & Business and Cornerstone Research finds that U.S. Securities and Exchange Commission enforcements against public companies and their subsidiaries increased more than 50 percent in fiscal year 2015 and are on a pace to equal or exceed that high-water mark in FY 2016. -
Press Releases
Among High-Potential Employees, Women Earn More than Men in Organizations with Diversity Goals, According to New Research from NYU Stern
— May 9, 2016Among High-Potential Employees, Women Earn More than Men in Organizations with Diversity Goals, According to New Research from NYU Stern
Around the world, women with equivalent abilities and qualifications earn 80 percent or less than men. However, new research from NYU Stern Professor Lisa Leslie finds that this gender pay gap is not uniform among all female employees and reverses into a pay premium for certain women. -
Press Releases
Jeffrey R. Immelt, Chairman and CEO of GE, to Keynote NYU Stern School of Business 2016 Graduate Convocation
— April 27, 2016Jeffrey R. Immelt, Chairman and CEO of GE, to Keynote NYU Stern School of Business 2016 Graduate Convocation
In his address, Mr. Immelt will reflect on the global economy and the evolving role of organizations in a world that is more connected and that presents unique challenges and opportunities. -
Press Releases
First Textbook on Business and Human Rights Aims to Close the Educational Gap for Next Generation of Leaders
— April 19, 2016First Textbook on Business and Human Rights Aims to Close the Educational Gap for Next Generation of Leaders
In a global economy, multinational companies often operate in jurisdictions where governments are either unable or unwilling to uphold even the basic human rights of their citizens. As part of its work to educate the world’s future business leaders, the NYU Stern Center for Business and Human Rights today released the first comprehensive, interdisciplinary textbook on the human rights challenges facing businesses – and how to approach solutions. -
Press Releases
B-School Innovation Professor Discovers Pathway between Diabetes and Alzheimer’s Disease
— April 12, 2016B-School Innovation Professor Discovers Pathway between Diabetes and Alzheimer’s Disease
In a new paper published by The Journal of Alzheimer’s Disease, Professor Melissa Schilling, a strategy and innovation expert at the NYU Stern School of Business, uncovers a surprising new connection between diabetes and Alzheimer’s disease: hyperinsulinemia, which is most often caused by prediabetes, early or undiagnosed diabetes, or obesity, is responsible for almost half of all cases of Alzheimer’s disease. -
Press Releases
Advice to Recruiters: Alumni Connections Trump Compensation in the War for Talent
— April 11, 2016Advice to Recruiters: Alumni Connections Trump Compensation in the War for Talent
In a new study, Professor Jason Greenberg of the NYU Stern School of Business and Professor Roberto Fernandez of MIT Sloan School of Management find that using the alumni connections of current employees to woo and win talent will yield better results than job offers extended through on-campus recruiting efforts, summer internships or other search channels. -
Press Releases
Nomi Ghez, PHD GSAS '76/ADCRT '81, Establishes the Advancement of Women in Business Scholarship Fund with $1 Million Gift to NYU Stern
— April 6, 2016Nomi Ghez, PHD GSAS '76/ADCRT '81, Establishes the Advancement of Women in Business Scholarship Fund with $1 Million Gift to NYU Stern
NYU Stern has established the Advancement of Women in Business Scholarship Fund, thanks to the generosity of Nomi Ghez, PHD GSAS '76/ADCRT '81. -
Press Releases
NYU Trustee Larry Silverstein Gives $1 Million to Stern in Honor of NYU Trustee Chairman William R. Berkley and in Support of High-Achieving, Low-Income Business Students
— March 31, 2016NYU Trustee Larry Silverstein Gives $1 Million to Stern in Honor of NYU Trustee Chairman William R. Berkley and in Support of High-Achieving, Low-Income Business Students
Thanks to the generosity of NYU Trustee Larry Silverstein, Arts ‘52, New York University Stern School of Business has established the William R. Berkley Scholars Fund, and provides $1 million endowed scholarship to support high-achieving, low-income students admitted to the Undergraduate College. -
Press Releases
NYU Stern School of Business Receives $1.8 Million from The Marie-Josée and Henry R. Kravis Foundation to Create Scholarships for High-Achieving, Low-Income Undergraduate Business Students
— March 28, 2016NYU Stern School of Business Receives $1.8 Million from The Marie-Josée and Henry R. Kravis Foundation to Create Scholarships for High-Achieving, Low-Income Undergraduate Business Students
Today New York University Stern School of Business announced the establishment of The Marie-Josée and Henry R. Kravis Family Scholarship, made possible through a $1.8 million gift from The Marie-Josée and Henry R. Kravis Foundation. This scholarship will support high-achieving, low-income students who are admitted to Stern’s Undergraduate College for Fall 2016. Recipients will be known as The Marie-Josée and Henry R. Kravis Scholars. -
Press Releases
Why Stern’s Ranking Fell to 20, and Why You Shouldn’t Take it at Face Value
— March 16, 2016Why Stern’s Ranking Fell to 20, and Why You Shouldn’t Take it at Face Value
US News and World Report published its rankings of full-time MBA programs today. In the rankings as published, Stern dropped from 11 last year to 20 this year, a shocking fall given the stability of Stern's performance over the years on the 8 objective criteria used to determine the rankings. -
Press Releases
NYU Stern’s Center for Sustainable Business Receives $1 Million from Citi Foundation
— February 18, 2016NYU Stern’s Center for Sustainable Business Receives $1 Million from Citi Foundation
Today, the new Center for Sustainable Business at New York University’s Stern School of Business officially launches with $1 million in funding from the Citi Foundation to put its vision, a better world through better business, into practice. -
Press Releases
SEC Administrative Proceedings Increase as Constitutional Challenges Continue
— January 12, 2016SEC Administrative Proceedings Increase as Constitutional Challenges Continue
A report issued jointly by the NYU Pollack Center for Law & Business and Cornerstone Research reveals that the U.S. Securities and Exchange Commission (SEC) filed 76 percent of its enforcement actions against public company defendants as administrative proceedings in fiscal year (FY) 2015. -
Press Releases
Thousands of Unregulated Bangladeshi Factories Are Putting Nearly Three Million Workers, International Brands at Risk
— December 17, 2015Thousands of Unregulated Bangladeshi Factories Are Putting Nearly Three Million Workers, International Brands at Risk
There are more than 7,000 garment factories in Bangladesh producing for the global fashion industry, 65% more than previous estimates. More than half of these factories are small and medium-sized indirect sourcing factories, meaning their workers produce for foreign brands through other, larger factories. These factories operate in the shadows. The result is that millions of workers in subcontracting factories fall outside the protection of international safety-improvement initiatives, and are especially vulnerable in a country where unsafe working conditions are a chronic problem. While global brands, governments in North America and Europe, and international lenders have announced commitments of more than US$280 million for the garment sector in Bangladesh, to date, only a handful of factories have been fixed. -
NYU Alumni Earn 15 Golden Globe Nods
Fifteen members of the NYU alumni community were among the nominees in nine categories when the Hollywood Foreign Press Association announced its nominations for the 73rd Annual Golden Globe Awards on December 10, 2016. All nominees heralded from the Tisch School of the Arts with the exception of Aziz Ansari, an alumnus of the Stern School of Business.
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