NYU Stern Director of Admissions Answers 5 Questions
In our latest installment of the MetroMBA “5 Questions” series, we speak with Lauren Calio, Director of MBA Admissions at NYU Stern. She was kind enough to respond to our questions and share insight into what it’s like to attend Stern for an MBA.
1. How would you describe the culture of NYU Stern? Is it more collaborative or competitive?
“The culture at NYU Stern is absolutely collaborative. So much so that “Collaborative Community” is one of our four core values. We believe that collective efforts lead to greater success both inside and beyond the classroom. As an example, we often hear stories of students helping their classmates prepare to interview for roles that they themselves are also interviewing for. If they are not hired for a role, they want another Sternie to get that position. Another one of our core values is ‘IQ + EQ.’ Because we seek exceptional individuals with not only intellectual strengths but also high emotional intelligence, a collaborative spirit and desire to drive change together is ingrained in our student body, faculty, and administrators.”
2. What type of student is the best fit for NYU Stern’s MBA program?
“Students come to Stern with a passion for the School and experience from a wide range of industries and functions, and they aspire to land in a variety of post-MBA roles. Some are career switchers, others are not. Regardless of their experience or career goals, applicants should be able to highlight and quantify their accomplishments and clearly explain to the Admissions Committee their career goals and how they plan to achieve them. Beyond work experience and goals, a common thread among our students is their high emotional intelligence or EQ, and engagement in our collaborative community. We also pride ourselves on being a school where everyone can be themselves. Our students’ interests outside of the classroom are also vast, as evidenced by our 30+ student clubs serving professional, affinity, sports, and special interest areas.”
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3. If there was just one piece of advice you could give to an MBA applicant considering NYU Stern, what would it be?
“Connect with the Stern community. Get to know our community and our culture by speaking to current students, alumni, and the admissions team; attend a class visit; explore campus by coming for a tour and information session. This will help you picture yourself at Stern. If you are not able to make it to New York, you can connect with our current students virtually. They can share their experiences and provide an honest perspective on how their time at Stern has helped them grow both personally and professionally.”
“If you are not able to make it to New York, you can connect with our current students virtually. They can share their experiences and provide an honest perspective on how their time at Stern has helped them grow both personally and professionally.”
4. How accessible are NYU Stern professors? Do they frequently serve as mentors?
“Stern professors are very accessible. We have over 300 faculty members across industries, which means that students can connect with faculty in the areas they are passionate about. Faculty members are available to students and are often involved with projects and experiential learning opportunities, what we call Stern Solutions, working alongside students. Our faculty include top researchers, four Nobel laureates, and senior business leaders, some of whom are working in industry by day. My advice to students is to take advantage of this accessibility to build relationships while you are at Stern that will extend beyond your time here. Make your professors a part of your network.”
5. Where can you get the best NYC pizza near campus and where’s the best coffee shop for studying?
“These questions come up frequently in our office, and every person has a different answer. Being in the heart of NYC, we are surrounded by an abundance of pizza places and coffee shops. One of my favorite places to sit and get a pie is Numero 28. Their pizzas come in different sizes (up to 29”!), and you can mix and match toppings. Kopi Kopi is a cute coffee shop on West 3rd Street, right near campus.”
Information System Leaders, and More – New York News
Let’s explore some of the most interesting stories that have emerged from New York business schools this week.
Teaching Creativity, Strategy to Tomorrow’s Information Systems Leaders – Stevens Institute of Technology School of Business Blog
The Stevens Institute of Technology SOB spotlighted assistant professor of Information Systems Dr. Aron Lindberg, whose Digital Innovation course is a cornerstone of the master’s program in Information Systems.
Dr. Lindberg writes, “Digital products and processes are central to what businesses do today. And information systems professionals need to participate in the process of creating those products and services, and continuously pushing the envelope in search of innovation.”
He adds, “With all the data available today, you need the scientific method to ensure you’re doing your analysis in ways that are reliable and valid. Otherwise, you are not going to make good business decisions.”
Information Systems Master’s Program Director Dr. Paul Rohmeyer lauded Dr. Lindberg’s course, which “blends technical, management, strategy and entrepreneurship components, and presents them in an environment much like where they’ll work once they graduate.”
You can read the full article here.
NYU Stern Congratulates Paul Romer on Winning the 2018 Nobel Prize in Economics – NYU Stern
NYU Stern’s Paul Romer was recently awarded the 2018 Nobel Prize in Economics “for integrating technological innovations into long-run macroeconomic analysis.”
Romer has conducted “applied research on the many ways that policymakers in the developing world can use the growth of cities to create economic opportunity and pursue social reform” as part of the NYU Stern Urbanization Project, which he also founded.
Romer also directs the Marron Institute of Urban Management, which “deepens the fundamental understanding of cities by working with civic innovators to improve urban management.”
You can read the full release from NYU here.
Talking with … Albert Greco – Gabelli Connect
Gabelli School of Business‘ “Talking with …” feature recently spotlighted professor of marketing Albert Greco who is currently researching a business history book about the post-1980 U.S. trade book business and has a business history book proposal under review about the marketing and financing of World War II in the U.S.
Greco discussed what interests him most about teaching consumer behavior, which he has analyzed in some shape or form since 1985.
“Consumer behavior looks at great questions and issues related to who, what, when, where, how, and why consumers decide to buy, or not buy, products and services. This means analyzing issues related to age, gender, style, prestige, the channels of distribution, etc.”
Greco also talked about issues related to university presses, which he described as “critical to the intellectual life of universities and academics, but many of them are small to medium-sized undercapitalized presses, and they need to address costly back-office operations and scale issues.”
You can read more from the interview here.
New MBA Jobs: BCG, Merck, Adobe and More
There are hot new MBA jobs that need to get filled each and every week all over the world. Here are a few new openings for entry level and advance positions at a range of companies, and don’t forget to check out the best new MBA jobs right here on MetroMBA every week.
Which Business School Students Have the Top GMAT Scores?
A strong GMAT score is essential to a stellar business school application. Though the score is universally important to admission, certain schools emphasize a high score on the test more than others. Below, we’ve laid out a list of the 10 business schools with the top GMAT scores for incoming students.
What Exactly is the “Target Effect”? NYU Stern Prof Looks Deeper – New York News
Let’s explore some of the most interesting stories that have emerged from New York business schools this week.
Why It’s So Hard To Buy “Just One Thing” At Target – Refinery29
Speaking with Refinery29 writer Cait Munro, New York University’s Stern School of Business marketing professor Tom Meyvis elaborated why consumers have such a strong impulse to buy more things than they intended when shopping at a big-box store.
“Stores have an idea about the path [shoppers take],” he says in an interview. “Walmart was once famous for doing things like putting like Band-Aids next to fishing hooks and things like that. Something you don’t naturally associate, but once you see them there, it makes sense. So when people come in for something in one category, you can cross-sell, you can sell them something that compliments in the next product category by making sure they’re right next to each other.”
What is the so-called “Target Effect” that makes people buy more products than they intend to?
“Meyvis also notes that stores like Target have extensive data on which products customers typically buy together, and they’ll often employ those numbers to decide what should go where within the store’s layout. Some are obvious, like placing flip flops next to sunscreen, while others are so subtle that you might not even notice what’s going on when you pick up hot sauce and Pepto Bismol in the same motion.”
You can read more of Munro’s piece with Refinery29 here.
A Masters in Governmental Accounting? Five Reasons It’s Time to Make the Investment – Rutgers Business School Blog
Offered completely online, the Rutgers Business School Master of Accountancy in Governmental Accounting program may be perfect for working professionals “in the field of public financial management or transition to the public sector from private industry.” The school outlines five the biggest reasons why you may need to consider it, too:
- Opportunities – Projections indicates that there will be governmental vacancies galore due to the fact that “nearly a third of the government workforce will qualify for retirement.”
- More than just numbers – The interdisciplinary degree combines “public policy, public administration, ethics, government accounting, and auditing.”
- Quality instruction – Instructors include former New Jersey State Auditor Rick Fair and Dean Michael Mead, senior research manager at the Governmental Accounting Standards Board.
- Valuable connections – Rutgers “works hard to build connections with local, state and federal employers who can provide job opportunities and advancement to students and graduates.”
- Uniquely accessible – The online program means “you can benefit from the quality of instruction and the Rutgers connections … no matter where you are.”
You can read more about the RBS program here.
5G mobile Communication in China: From Imitator to Innovator – Johnson Business Feed
Baohong Li, an Associate Professor at the School of Economics and Management at the Beijing University of Posts and Telecommunications, and visiting scholar at the Emerging Marketing Institute, recently wrote a piece for the Cornell Johnson Businessfeed, in which they discussed China’s incredibly rapid mobile technology advancement and the future of 5G connectivity.
Specifically, Li laid out five reasons why China has an vastly important role in the implementation of 5G, including:
- Institutional innovation and reform
- Strategic planning and policy innovation
- Imitating innovation and gaining advantage
- Encouraging patent and international standardization
- Creating co-opetition innovation ecosystem
Click here for a more in-depth review of Li’s work.
Ivey Promoting Women in Business, and More – Toronto News
It has been an exciting week for Toronto’s top business schools. Below, we’ve laid out some of the week’s highlights.
Business-Women: Forging A Path From Campus to Community – Western Gazette
Western University student Alina Huang started the business Illuminate, which provides resources for high schoolers aspiring to be entrepreneurs. Illuminate has partnered with Western University’s Ivey Business School, as well as Deloitte and Concentra Bank. Though she uses “white, male aliases” to avoid bias in her online business, she has found Western’s environment nurturing and inclusive.
In fact, Western offers Propel, an “accelerator and co-working space” that “offers entrepreneurs an inclusive space with mentorship, resources and potential for product testing on the student market.”
You can read more about Huang and Western’s approach to inclusivity here.
What Sector Is Brewing the Next Financial Crisis? – The Insurance & Investment Journal
The Insurance and Investment Journal recently featured an article which referenced a forum held at the University of Toronto Rotman School of Management last March. The forum featured Richard Sylla, Stern School of Business professor, who posited that there will be another financial crisis, as has been the pattern for nearly 300 years.
“In the build-up to a crisis … the Cassandras of the world – those who warned against it and financial historians like me – were shooed away and told: this time it’s different.”-Richard Sylla
Sylla suggested that financial crises can create their own opportunities, including profit for those who correctly predict the upcoming changes while other investors remain unaware. Crises can also lead to technological advances meant to prevent whatever has caused the crisis from recurring.
Read more about Sylla’s insight at the Rotman forum here.
Honorary Degree Recipient is All About Giving Back – Schulich News
This week, Dr. Narendra Singh, who graduated from York University’s Schulich School of Business with an EMBA in 2017, was awarded an Honorary Doctor of Laws. The Schulich grad practiced pediatric and neonatal healthcare around the world. In 2009, he founded Guyana Help The Kids (GHTK), which has markedly increased Guyana’s prenatal care resources.
“I’m receiving this Honorary Doctor of Laws, but I’m somewhat conflicted since my success is the combined effort of many people, some in the audience today, and so I would like to share this degree with them,” Singh says.
You can read more about Singh here.
