Experience Stern | News & Events

Excerpt from Clear Admit -- “As I was actively looking for opportunities to use this time meaningfully, Stern’s Office of Career Development and Office of Student Engagement announced SternWorks, a new initiative aimed at connecting MBAs with vital small businesses in need of help to share their skills. One part of the new initiative was SternWorks: Serve NYC, which focused on volunteer opportunities to give back to the NYC community. A project with the NYC Department of Small Business Services (SBS) stood out to me because it would be not only a learning experience, but also an opportunity to directly support the community during these unprecedented times. So I applied for it and joined the program.”

Each Fall incoming two-year Full-time MBA students participate in LAUNCH orientation, which kicks off the Stern journey and immerses students in an experiential learning cycle of Thinking, Acting and Reflecting. This Fall, for the first time, Stern hosted a re-LAUNCH orientation for all returning MBA2s as a way for the community to reconnect and re-engage, and to use innovation to address Stern challenges emerging from the pandemic.

On Thursday, September 17, 2020, the NYU Stern Berkley Center for Entrepreneurship hosted the Entrepreneurs Challenge Kick-Off & Info Session.

A sampling of media highlights for the week of September 15, 2020

Excerpt from Poets & Quants -- “Right behind Wharton was MIT’s Sloan School of Management, UC-Berkeley’s Haas School, the University of Michigan’s Ross School of Business, New York University’s Stern School of Business, and the University of Texas’ McCombs School of Business–exactly the same lineup of top five schools as last year.”

Excerpt from Clear Admit -- “‘Since its founding, NYU has opened its doors to immigrants, and this remains an essential part of our DNA,’ said Raghu Sundaram, Dean of NYU Stern.”

“‘Given the rapidly changing conditions the world has faced this year, we’re especially thrilled to bring in one of the strongest, most diverse classes on record at Stern,’ said Rabia Ahmed, Executive Director of MBA Admissions, in a statement.”

“This year’s incoming class boasts the highest average GMAT and GPA scores in the school’s history. The average GMAT rose to 723 and the average GPA is 3.6, up from 3.52 last year.”

Excerpt from Poets & Quants -- See Stern's new faculty highlighted here.

A sampling of media highlights for the week of September 9, 2020

The NYU Stern Center for Global Economy and Business hosted the Economic Outlook Forum on September 9, 2020.

Excerpt from FindMBA -- “Professor Karen Brenner was appointed by New York University’s Stern School of Business and the School of Law as director of law and business, acting as a bridge for the two disciplines. “Business and law are inextricably linked,” she says. ‘Corporations are legal entities; the law provides the context in which business operates and combining the degrees allows students to see how the two disciplines interact.’” 

Excerpt from Poets & Quants -- “NYU’s Stern School of Business is further testifying to the wisdom of an extended app season with a class profile that matches or sets three school records — and that reverses a two-year slide in applications.”

“‘Despite the forces at work restricting the free flow of high-skilled immigrants to the U.S., the demand for a Stern MBA among international students remained very strong this year,’ Sundaram says. ‘However, in late July, in view of the continuing uncertainty created by ICE pronouncements — adding to an already stressful situation for many new students of closed U.S. consulates worldwide — we made a conscious decision to offer all our international admits the option to defer for a year at the cost of admitting a smaller class. This was absolutely the right thing to do. Since its founding, NYU has opened its doors to immigrants, and this remains an essential part of our DNA.’”

“'Given the rapidly changing conditions the world has faced this year, we’re especially thrilled to bring in one of the strongest, most diverse classes on record at Stern,'” Ahmed said in a news release."

Excerpt from Higher Education Review -- “The tech MBA program offered by Stern School of Business focuses on four main aspects. This includes teaching the students about business and technology and also lays emphasis on experiential learning and the elective courses students get to choose.

“People usually think there are not many technology companies on the east coast, but most popular companies will have an office in New York or in the periphery giving the B-school a good geographic location advantage. Moreover, the Stern Solutions component offers the MBA candidates an opportunity to work and participate in built-in projects on the east and the west coasts.”

A sampling of media highlights for the week of September 1, 2020

Excerpt from Poets & Quants -- "That happened to NYU Stern’s Myryah Nicholas, who wondered if she could make it in New York City – let alone the beauty industry. That’s when she came across an advertisement…and reflected back on her original purpose — and knew everything would eventually turn out right. 'I stumbled across a Mother’s Day billboard that read, “I didn’t go nine months without chardonnay for you to hate your job.” While the sighting initially provided a good laugh, the message stuck with me. I knew I owed it to the people who supported me and, more importantly, myself to pivot into a career path I loved. On the plane ride home, I vowed to take the risks I needed to achieve my goals. Four months later, I was living in New York—the epicenter of the beauty industry—and one step closer to making my dreams come true.'"

Excerpt from Poets & Quants -- "What word best describes the NYU Stern classmates you’ve met so far? Why?
 ‘IQ + EQ’. They are not only some of the sharpest and brightest young minds, but also extremely empathetic and helpful. I can’t wait to know each one of them more intimately."

Excerpt from GreenBiz -- "Most sustainability practitioners believe customers will reward a company for doing the right thing. We know it’s a complex story and that price, accessibility of product and perceived efficacy all affect shoppers’ choices. In general, however, we trust that customers will pick sustainable solutions if they are easy to find and price differences are negligible. And there is evidence that consumers do prefer to buy sustainable products. NYU Stern’s landmark study found that 50 percent of CPG growth from 2013 to 2018 came from sustainability-marketed products. The study is based on what consumers actually bought — not what they said they would do."

Excerpt from The Guardian -- "Ethiopian workers are the lowest paid in the global garment supply chain. According to a report by the NYU Stern Center for Business and Human Rights, the minimum wage for Ethiopian garment workers is $26 a month, compared with $95 in Bangladesh and $326 in China."

Excerpt from BNN Bloomberg -- "Rosa Abrantes-Metz, adjunct associate professor, NYU's Stern School of Business discusses the difficulties in preventing and investigating gold spoofing and other forms of precious metals market manipulation."

Excerpt from Poets & Quants -- "Going back to my inclination for structure, I developed my own framework for how I approached year one. I think it is flexible enough to apply to all students and simple enough to not feel overwhelming. It is a five point plan that covers the major areas of the experience and allows you to define what is important to you. My anecdotes stem from my experience as someone who is transitioning careers from general management into consulting. At the same time, my framework and recommendations are flexible enough to be applicable to all students."

Excerpt from Business Insider -- "Paul Barrett, the deputy director of the NYU Stern Center for Business and Human Rights, told Business Insider in April that he'd seen an explosion of domestically sourced dis- and misinformation in recent months. Barrett also released a report last year detailing how dis- and misinformation would play a role in the upcoming election. 'In terms of sheer volume, domestically generated disinformation now exceeds malign content from foreign sources and will almost certainly be a factor in the next election,' the report said."

Excerpt from Poets & Quants -- "Matthew Meade has his fingers on everything at JP Morgan Chase. As a vice president, Meade leads a seven-member team that covers 99 trading desks and 15 lines of business across the globe. In a nutshell, his job is to make work easier for everyone else. He examines every possible metric across the firm, assessing their value and limits, he says. From there, Meade moves this data onto digital platforms so anyone can drag, drop, and trend it. An unsung hero? More like the consummate team player. After all, Meade was once tapped to build a tech operation from scratch at JP Morgan Chase. He automated it so well that he wasn’t needed to run it. Don’t worry, Meade found plenty of internal suitors after he’d finished. To borrow one of his favorite phrases: 'Good word comes from good work.' Now, Meade is spreading the word in a different way. This month, he published his first book, Wisdom on the Way to Wall Street: 22 Steps to Navigating Your Road to Success. For Meade, the book is a look back over a 15 year Wall Street finance career as much as a roadmap forward. Forget tutorials on reinvestment risk and swap spreads. Meade focuses on the lessons that Wall Street honchos often take for granted: relentless learning, quiet reflection, and authentic interaction."

Excerpt from Bloomberg -- "The global economy faces a risk of a slow recovery or even another slump along the way unless a vaccine is found, according to Nouriel Roubini. Speaking on Bloomberg Television on Friday, Roubini predicted that the shape of the recovery, which some predicted to be V, 'is becoming a U and the U could become a W if we don’t find a vaccine and don’t have enough stimulus.'”

Excerpt from GreenBiz -- "'Consumers want to buy sustainable products and e-commerce retailers can help them do so by sharing environmental and social data on their online platforms,' said Tensie Whelan, professor and director of the NYU Stern Center for Sustainable Business, and author of the report’s foreword, in a statement. 'Whether companies choose to jump at this opportunity will determine their ability to cultivate the consumer and remain competitive over the long-run.'"

Excerpt from Yahoo Finance -- "Professor at NYU Stern School of Business and Author of ‘The Sharing Economy' Arun Sundararajan joins Yahoo Finance’s Akiko Fujita to discuss the future of Uber and Lyft in California."

This spring in response to the coronavirus pandemic, NYU Stern launched SternWorks, a major new initiative aimed at connecting MBAs with vital small businesses in need of help to share their skills. By focusing efforts on the types of small businesses and nonprofits that are most acutely feeling the economic pain of the current crisis, the goal is to provide students an opportunity to put their business skills to work for those who need support more than ever before. One pillar of the new initiative, SternWorks: Serve NYC, focuses specifically on short- and long-term volunteer opportunities for MBA students to give back to the NYC community.