Experience Stern | News & Events

Excerpt from Biz Ed -- "Undergraduates at the New York University’s Stern School of Business now have the option to pursue a new degree program in technology and entrepreneurship. The four-year, STEM-certified bachelor of science in business, technology, and entrepreneurship will enroll its first class of 30 to 50 undergraduates in August 2021. The program, which students will complete as a cohort, consists of a four-part curriculum: an immersive experiential course that integrates entrepreneurship and technology, foundational courses in computer science and data analytics, courses in entrepreneurship that include experiences inside and outside the classroom, and a capstone course in which students will develop their own ventures or work on projects for early-stage startups."

Excerpt from Poets & Quants -- "New York University’s Stern School of Business today (July 31) announced the launch of a new STEM (Science, Technology, Engineering, and Math) four-year undergraduate business degree. The Business, Technology, and Entrepreneurship (BTE) program will enroll its first class of 30 to 50 undergrads in August 2021. That number will be closer to 30 in the first year, according to Robert Whitelaw, vice dean of the Undergraduate College at Stern, with the capacity to reach 60 students per cohort moving forward."

In partnership with NYU Global Programs, NYU Stern’s Undergraduate College is offering students a First Year London option in its flagship four-year BS in Business Program for those applying to enter in Fall 2021 (the Class of 2025). Under this option, students will spend their first year at NYU London before returning to Stern’s NYC campus to complete the remainder of their degree program.

Excerpt from Poets & Quants -- "In the wake of the pandemic, business schools have learned that prospecting doesn’t necessarily involve ritzy finger foods and crowded halls. Instead, success requires something more fundamental: a great value proposition and authentic relationship-building."

Excerpt from Poets & Quants -- “My proudest achievement during my time in Stern’s Executive MBA: Washington, D.C. Program has been consistently learning and immediately applying the knowledge Stern gave to me, whether it was strategy, analytics, finance, or leadership. It really made me feel that the program was a worthy investment, especially as I elevated my game. It also felt very good getting strong grades in a lot of the courses that I didn’t appreciate as much from undergrad now that I had more than a decade of professional experiences, especially in accounting, statistics, and finance.”

Excerpt from Poets & Quants -- "A few schools report the number of tech hires from each graduating MBA class by specific firms, among them NYU Stern School of Business, which sent nine MBAs to Amazon in 2019, as well as six to Google, four to Microsoft, and three to Facebook."

Excerpt from Financial Times -- "NYU Stern and IRI previously found that sustainability-marketed products drove almost 55 per cent of the growth in consumer packaged goods between 2015 and 2019, growing over seven times faster than products that make no such claims despite commanding an average price premium of 39 per cent."

Excerpt from Poets & Quants -- "In my professional position and now 47 years of age, gains in the number of friends one makes in a year frequently can be counted on one hand. Yet in business school, not only had I surrounded myself with over 60 incredibly smart, talented, and ambitious people who offered generosity of time and insight to me professionally, I’ve developed deep, enduring friendships with people who I never would have met had I not joined the NYU Stern Class of January 2020."

Excerpt from Clear Admit -- "Unique among business schools, the year-long course includes all-day sessions every eight weeks along two tracks: Life Sciences and Deep Tech. Startups from around the world apply to join the program where they are given the opportunity to be mentored by world-class scientists, investors, and entrepreneurs. Startups are given goals at each session and those who fall short are given feedback and cut. As an MBA student, you start the course by developing a framework and interviewing startups to help recommend which should be admitted. Afterward, each student is paired with a startup to work directly with the Founders on critical projects and participate in the all-day EFL meetings. One meeting that stood out to me was a pharmaceutical venture investor who told my startup, 'your business model gives control to the customer. You need to rethink the business model.' It was honest feedback that I had never considered."

Excerpt from MediaPost -- "However, critics don’t believe that social networks do enough to police their platforms. In a recent report, NYU’s Stern Center for Business and Human Rights took issue with networks’ reliance on third-party vendors for content review, which they said amounted to an outsourcing of responsibility for the safety of billions of users."

Excerpt from BusinessBecause -- "At NYU Stern, anti-bias training is being implemented in the MBA curriculum, while school leadership works with the Student Government’s Diversity Committee to diversify the business cases used in class....'As future leaders, it will be our students’ responsibility to eliminate systemic bias when they see it. As a business school, it’s our responsibility to educate students about this,' adds Gary from Stern."

Excerpt from Bloomberg -- "Jay Freeman, an investment banker-turned-consultant who’s worked on corporate turnarounds and restructurings, looks at diversity in senior management before attending job interviews. 'At some point, you gravitate toward someone who has some tie of shared experience,' said Freeman, who’s Black. 'You want to be able to find people who will be an ally, or an advocate or a mentor -- those are all things that are part of the calculation.'”

Excerpt from The Grocer -- "Consumers prefer sustainable packaging and are buying more products with environmental credentials. Analysis by NYU Stern’s Center for Sustainable Business last year found market share growth of sustainability-marketed products was faster than their conventional counterparts."

Excerpt from Poets & Quants -- "'Passport Day is my favorite Stern tradition – and not just because it’s the day with the best food! Each year, student volunteers represent their heritage or country of origin at tables arrayed around a large tent in our plaza, serving food, wearing traditional dress, and sharing elements of their culture. Many student groups perform; highlights from last year included Chinese yo-yo, Argentine tango, and choreographed dances by the South Asian Business Society. It’s a wonderful community event where students can share part of their life experience outside the classroom and welcome partners and kids to share in the fun.' Rebecca Dewey, New York University (Stern)"

Excerpt from VentureBeat -- "Deepfakes are a major concern heading into the U.S. election this November. In a fall 2019 report about upcoming elections, the New York University Stern Center for Business and Human Rights warned of domestic forms of disinformation, as well as potential external interference from China, Iran, or Russia. The Deepfake Detection Challenge aims to help counter such deceptive videos, and Facebook has also introduced a data set of videos for training and benchmarking deepfake detection systems."

Excerpt from Clear Admit -- "Students who choose to come to Stern’s MBA program develop the skills and mindset to embrace and drive change, and immerse themselves in an environment that fosters an entrepreneurial mindset. With our deep ties to industry, they gain access to the organizations and executives leading innovative solutions across global brands, nonprofits and startups throughout their MBA experience. For example, Stern Solutions experiential learning courses and projects give students opportunities to help a corporate partner solve a real business challenge in real time. Past partners have included Citi Ventures, the CFDA and BMW, to name a few. Students can also get involved with Endless Frontier Labs, a program at Stern for early-stage science and technology-based startups who apply from around the world, and through an affiliate course they can have a hands-on, front-row seat to learning how to scale a startup."

Excerpt from FindMBA -- "At NYU Stern School of Business MBA students can join the NYU Startup Online Hub where they can discover and share startup job opportunities with the student body and alumni network. They can also highlight their skills and interests via an individual profile. On the platform students can also ask for help and share advice on working at a startup."

Excerpt from U.S. News -- "International edge: Stern MBA students who specialize in global business can study emerging financial markets, international social impact strategies and similar topics, according to the school's website."

Excerpt from Poets & Quants -- NYU Stern School of Business Dean Raghu Sundaram calls Trump’s move a 'zero-sum presupposition' and says it will damage the U.S. economy in ways that will hurt all Americans. 'We are deeply disappointed by the restrictions placed on high-skilled immigrants coming to the United States,' he tells P&Q, 'and by the zero-sum presupposition behind this move. These restraints will restrict innovation, economic recovery, and the potential for economic growth, hurting all Americans. Last fall we, along with many of our peers, signed an open letter to U.S. policymakers with GMAC to stress the importance of international mobility to the global economy — a position that has taken on new urgency and by which we unambiguously stand today and re-endorse.'"

Excerpt from American Entrepreneurship Today -- “'A common startup trap many would-be entrepreneurs fall into is developing a solution in search of a problem,' said Professor Cynthia Franklin, director of the Berkley Center for Entrepreneurship. 'With the help of our rigorous process, each of these teams identified a demonstrated and compelling market need as well as a clear path forward.'"

Excerpt from Business Insider -- "Research from NYU Stern's Center for Sustainable Business, as reported by Harvard Business Review, says products with a sustainability claim made up 16.6% of sales in 2018, up from 14.3% in 2013."

Excerpt from Business Standard -- "Even Facebook moderators do blunders. Tasked with reviewing about three million posts a day, Facebook moderators make about three lakh mistakes in 24 hours in deciding what should stay online and what should be taken down, according to a new report from New York University's Stern Center for Business and Human Rights."

Excerpt from Poets & Quants -- “'Dolly Chugh has been my favorite professor, and I’ve taken both her Leadership in Organizations and Managerial Skills classes. While I thought business school would be all “hard skills” classes, I’ve enjoyed the opportunity to hone my interpersonal skills and focus on the kind of leader I hope to be. Her interactive classes are inclusive of many learning styles, and I also loved reading her book, The Person You Mean to Be: How Good People Fight Bias. Each class session leaves me energized and excited to implement a new workplace management tool.'"

Excerpt from Financial Times -- "Finance students at NYU Stern School of Business learn about environmental, social and governance (ESG) investment with the help of hard cash as well as lectures. They invest real money through a teaching fund that is at the heart of an experiential learning course. But setting up an ESG portfolio proved to be an education for staff as well as students. An array of ESG standards and metrics made the launch a time consuming process. 'Even once we’d started the fund and put the money in it, it took us at least a month before we bought our first stock,' says Anthony Marciano, a clinical finance professor at Stern, in New York City. Prof Marciano teaches the course based on management of the Michael Price Student Investment Fund, a family of funds with a value of about $2m. 'The other funds started from the get-go. With a value fund it’s easy to pick your benchmark,' Prof Marciano says. 'But we ran into a lot of complexities [with the ESG fund] that we wouldn’t have had with the other funds.'”

Excerpt from Business Insider -- When it comes to scaling your company, 'there is not a one-size-fits-all approach.' That's according to Deepak Hegde, associate professor of management and organizations at New York University. Hegde also directs Endless Frontier Labs, which helps technology and science startups scale. (One alum is Analytical Flavor Systems, a machine-learning and artificial-intelligence platform that predicts individual taste profiles that's now being leveraged to design boutique bread flavors.) For one startup, Hegde said, scaling might mean locating a large-scale manufacturing facility to get a product out to wider markets. For another startup, scaling might mean hiring a sales team.