Experience Stern | News & Events

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.  

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. 

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.

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. 

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.

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.

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.

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.

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.

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.

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.

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. 

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.

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.

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.

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.

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.

NYU Stern has established the Advancement of Women in Business Scholarship Fund, thanks to the generosity of Nomi Ghez, PHD GSAS '76/ADCRT '81.

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.