Experience News & Events

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.

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.

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.

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.

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.

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.

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.

“Digitization offers the prospect of a more competitive, less regulatory music licensing system,” state Thomas Lenard and Lawrence White in “Moving Music Licensing into the Digital Era: More Competition and Less Regulation” released today by the Technology Policy Institute.

In a new study, Professor Claudine Gartenberg of the NYU Stern School of Business and Professor Lamar Pierce of the Olin Business School at Washington University in St. Louis find that integrated banks – firms that both originate and then securitize a mortgage – with poor corporate governance are twice as likely to issue loans that will default compared to similar firms with strong governance.

The NYU Pollack Center for Law & Business and Cornerstone Research announce the launch of the Securities Enforcement Empirical Database (SEED), located at seed.law.nyu.edu.

New research from NYU Stern Professor Michael Jung and University at Buffalo School of Management Professor Jing Chen finds that, on average, firms are less likely to issue public management forecasts, also known as management guidance, after investment by an activist hedge fund.

New research from Carlson School of Management Professor Jason Chan and NYU Stern Professors Anindya Ghose and Robert Seamans finds that broadband availability increased the incidence of racial hate crimes committed by lone-wolf perpetrators in the United States during the period 2001-2008.

In a new study, Professor Johannes Stroebel of the NYU Stern School of Business, Sumit Agarwal of the National University of Singapore, Souphala Chomsisengphet of the Office of the Comptroller of Currency and Neale Mahoney of the University of Chicago Booth School of Business find that government policies aimed at stimulating the economy by reducing banks’ cost of funds, so that they will extend more credit to households, are relatively ineffective.

The National Stock Exchange (NSE), India’s leading stock exchange, and New York University Stern School of Business (NYU Stern), one of the world’s premier research and teaching institutions, began their third annual ‘Indian Financial Markets Conference 2015’ today in Mumbai, India.

Professor Kim Schoenholtz was named as a member of the Financial Research Advisory Committee (FRAC) of the US Treasury’s Office of Financial Research (OFR). The OFR, established as a result of the Dodd-Frank Wall Street Reform and Consumer Protection Act of 2010, created the committee to provide advice, recommendations, analysis, and information on topics including research methodologies, data management, and data standards.

New York University Stern School of Business today announced that Tensie Whelan, currently the president of the Rainforest Alliance and a key leader in the realm of environmental activism and stewardship, will join the Stern faculty to establish and lead a new Center for Sustainable Business beginning in January 2016.

New York University Stern School of Business has announced a new one-year, full-time Master of Science in Accounting that will begin accepting qualified college graduates to start in the fall semester 2016. This program will satisfy the 150-credit-hour education requirement needed as a prerequisite for New York State’s Certified Public Accountant (CPA) certification. The MS in Accounting provides a thorough foundation for careers in accounting, including attestation and assurance services, as well as taxation and forensic accounting.

Bob Greifeld will discuss the role of dynamic and well-functioning capital markets in frontier and emerging economies. He will stress the importance of ensuring the efficient movement of capital and resources in driving job growth, infrastructure development and economic prosperity.

At the conclusion of an eight-month competition, NYU’s most promising innovators received a combined $200,000 in start-up cash at the annual $200K Entrepreneurs Challenge, held by NYU Stern’s Berkley Center for Entrepreneurship & Innovation.

Companies should think twice before adopting data-driven management tools designed to spark friendly competition among employees, say NYU Stern Professors Steven Blader and Claudine Gartenberg and Columbia University Professor Andrea Prat in their new research paper, “The Contingent Effect of Management Practices.”

The NYU Stern Center for Business and Human Rights is beginning a new research project to promote human rights in the supply chain for construction labor that runs from South Asia to the Arabian Gulf.

In a new study, Professor JP Eggers of the NYU Stern School of Business and Lin Song of the Central University of Finance and Economics in Beijing find that serial entrepreneurs whose previous ventures failed are likely to blame the external environment and to change industries for their subsequent ventures.

NYU Stern announced that Peter Henry, an economist and dean of the School, was awarded the Foreign Policy Association Medal at the organization’s annual Financial Services Dinner, held last evening at the Pierre Hotel in New York City.

Working professionals who want to build knowledge quickly in a specific area to refresh or supplement their expertise can now apply to take graduate-level courses at NYU Stern through new non-degree Advanced Professional Certificate (APC) programs.

Just in time for the Oscars, Professors C. Samuel Craig and William Greene of the NYU Stern School of Business, and co-author Anthony Versaci of AIG, are releasing a new study demonstrating that online buzz prior to a film’s release is a good indicator of its future box office success. The authors contend that movie studios are in a position to use “e-buzz” to their advantage by adjusting advertising budgets and marketing strategies in real-time to increase the film’s likelihood of success.