Experience News & Events

New York University Stern School of Business today welcomes to its New York campus the inaugural class of the Master of Science in Business Analytics program. The MS in Business Analytics is the first accredited graduate-level program in business analytics to be offered by a leading business school. It exposes students to innovative methodologies that support data-driven decision-making, and will equip graduates with the ability to transform data into a powerful and predictive strategic asset to ultimately drive better business results.

Bob Pittman, CEO of Clear Channel, will be the keynote speaker for NYU Stern's 2013 Graduate Convocation. Mr. Pittman will urge graduates to challenge the status quo and welcome constant change in order to succeed in today’s digital and global business world.

In new research forthcoming in Information Systems Research, Anindya Ghose, NYU Stern Associate Professor of Information, Operations and Management Sciences and co-Director of the Center for Business Analytics, with Gordon Burtch at the University of Minnesota Carlson School of Management and Sunil Wattal at Temple University’s Fox School of Business, quantifies how donors influence each other in the crowdfunding process, and finds that quick fundraising, while seemingly desirable, can have downsides.

Peter Blair Henry, dean of New York University Stern School of Business, will share lessons from his new book, "Turnaround: Third World Lessons for First World Growth," before an audience of more than 350 undergraduate and MBA students and alumni.

In a new study entitled “Immunity,” NYU Stern Assistant Professor of Economics Vasiliki Skreta and her co-authors, Karthik Reddy of Harvard Law School and Moritz Schularick of the University of Bonn, examine the political immunity provisions which exist throughout much of the modern democratic world. The researchers show that the incidence of corruption soars when politicians are placed above the law, and demonstrate the mechanisms behind the phenomenon.

In a recent study, Professor Sam Hui of the NYU Stern School of Business and co-authors Jeffrey Inman at the University of Pittsburgh's Katz Graduate School of Business, Yanliu Huang at Drexel University’s LeBow College of Business and Jacob Suher at the University of Texas at Austin, found that mobile promotions, which persuade shoppers to travel farther within a store, can significantly increase unplanned spending.

New York University Stern School of Business today announced that Michael H. Posner will join its faculty in March 2013. Posner will be a professor in the School’s Business and Society Program Area and will lead an effort to establish a center for business and human rights at NYU Stern.

Psychological research has shown that conservatives and liberals differ on basic personality traits such as conscientiousness, tolerance for uncertainty and openness to new experiences. Professor Vishal Singh of the New York University Stern School of Business and colleagues hypothesized that the conservative tendency to prefer tradition and convention would be reflected in conservatives’ purchasing behavior, leading them to choose established name-brand products over generic brands or new products.

NYU Stern Professor Melissa Schilling has been appointed to the National Academy of Sciences Committee on Overcoming Barriers to Electric Vehicle Deployment. The committee will study the technological, infrastructural and behavioral barriers to widespread adoption of electric vehicles in the United States.

Thirty years ago China seemed hopelessly mired in poverty, Mexico had triggered the Third World Debt Crisis, and Brazil suffered under hyperinflation. But in recent decades, these and other developing countries have turned themselves around, while First World nations, battered by economic and fiscal crises, struggle to stay afloat. With the global economy teetering on the brink, America’s prosperity now depends on our ability to learn from these prior foreign struggles—and successes—with economic reform. The stakes are higher than ever and "Turnaround: Third World Lessons for First World Growth," by Peter Blair Henry, reveals the three things we need for a more prosperous future.

In a new research paper, Professor Marti Subrahmanyam at NYU Stern School of Business and Professors Alexander Eisl and Rainer Jankowitsch at Vienna University of Economics and Business find that an alternative rate-setting process that uses the median of the LIBOR window could significantly reduce the effect of LIBOR manipulation.

Assistant Professor of Marketing Adam Alter and PhD student Eesha Sharma at NYU Stern reveal why people who feel financially constrained might be lured to purchase scarce or rare products—those that aren’t widely available to other people. The authors suggest that consumers who feel financially disadvantaged counteract feelings of financial deprivation by acquiring these scarce products, precisely because they seem unavailable to others.

For more than a decade, banks and retailers have been using “big data” to draw actionable conclusions from data they collect through commerce. Now, two NYU Stern researchers say big data can help solve major societal problems, like reducing the skyrocketing cost of healthcare in the US while improving quality.

On January 11, 2013, New York University Stern School of Business will convene its faculty thought leaders and some of India’s top corporate leaders and policymakers for a full-day event entitled, “India in the 21st Century: From Potential to Progress.” The participants will investigate the unique opportunities and challenges facing India, an emerging market leader and driving force in the global economy.

Marking its tenth year, NYU Stern’s Citi Leadership & Ethics Program appointed Mindy S. Lubber, president and founding board member of Ceres, a nonprofit organization that advocates the adoption of sustainable business practices, as its 2012-2013 Distinguished Citi Fellow in Leadership and Ethics.

NYU Stern experts are available to provide perspectives on a variety of angles related to Black Friday, Small Business Saturday and Cyber Monday.

Nobel Laureate and Prof. Robert Engle was named as a committee member of the US Treasury’s Office of Financial Research’s (OFR) Financial Research Advisory Committee. The OFR, established as a result of the Dodd-Frank Wall Street Reform and Consumer Protection Act, created the committee to provide advice, recommendations, analysis and information to the OFR.

Edward Altman, the Max L. Heine Professor of Finance at NYU Stern and an esteemed bankruptcy scholar for nearly five decades testified at the Loan Syndications & Trading Association conference in New York City for the American Bankruptcy Institute’s Hearings on Reform of the Bankruptcy Code.

The Foundation for Social Change, the United Nations Office for Partnerships and the NYU Stern School of Business are teaming up to host the third annual Global Conference for Social Change: Making the Business Care for Sustainability. This year’s event will recognize the annual Leader of Change award – organizations committed to FSC’s mission of building a business case for environmental sustainability.

New York University Stern School of Business has announced the creation of a Center for Business Analytics headed by Information Systems Professors Vasant Dhar and Anindya Ghose. This new Center will foster collaborative inquiry in the field of Business Analytics across the Stern School, New York University, and the global research community.

The NYU Stern Center for Measurable Marketing conference will convene marketing leaders and top academics to explore the increasingly complex path-to-purchase, and the customer experience at the pre-purchase, at-purchase and post-purchase phases. Attendees will learn best practices along the path-to-purchase in measurement, digital, social and mobile, and hear from experts who are driving the new consumer journey.

Does focusing managers on the power they wield give rise to bad management? According to new research from professors at NYU Stern and Cornell, managers who have a heightened sense of their power treat others less fairly compared to individuals who see themselves as less powerful. But when it comes to self-perceptions of status, the roles reverse.

Xavier Gabaix, NYU Stern Professor of Finance, was awarded the 2012 Lagrange-CRT Foundation Prize for his research in complex systems, in particular for his work on power laws in financial markets and macroeconomics. Each year, the international Prize is awarded to a scientist or scientists under the age of 50 for their achievements, theoretical and experimental, relevant to the progress, applications and dissemination of complexity science.

In a new paper, published today in Science, Sinan Aral, NYU Stern Assistant Professor of Information, Operations and Management Sciences, and his co-author Dylan Walker, a research scientist at Stern, present a new method to measure influence and susceptibility in social networks.

NYU Stern is introducing a new Essay 2 to its full-time MBA application for Fall 2013 applicants, the first major change in the essays in six years. The question will assess an applicant’s fit with the Stern mission and mindset about creating value in an environment of increased ambiguity. The School believes these qualities are essential to lead in today’s global business environment.