Leonard N. Stern School of Business at New York University (NYU)

563 Words2 Pages
bulb-icon

Recommended: Pro and cons of studying abroad

Leonard N. Stern School of Business at New York University (NYU)

From the early beginnings of my high school career, I have dreamed of attending a private university on the East Coast. Upon learning about New York University, it seems to fit perfectly. NYU offers the education and facility for me to achieve my dream of becoming a business leader in addition to having a solid foundation in the liberal arts. The Leonard N. Stern School of Business at NYU is ranked among the top 10 in the nation. New York City is an international center of finance, commerce, culture and law, as well as home to countless major industries and corporations. At Stern I can develop the cognitive and practical skills essential for becoming a business leader and simultaneously develop my talents and potential. This opportunity will allow me to experience times of great change, challenge, and excitement.

Just recently, the landmark trade deal signed by U.S.-China offers U.S. companies unprecedented access to China’s 1.2 billion consumers. From farmers to filmmakers, American businesses are expected to benefit from the new opening markets. China’s ascension to the World Trade Organization (WTO) is a guarantee to the rest of the world that they can expect certain things from China’s economic and commercial behavior. The WTO agreement will lead to an eventual boom to the U.S. economy and a spur to Chinese economic reforms, with estimates that it could lead to a doubling of China’s global trade ...

Show More
Related

  • Statement of Purpose for Dietrich College of Humanities and Social Science’s Economics Curriculum

    661 Words  | 2 Pages

    While other children watched their favorite cartoon or played their favorite video game, reading business articles and watching the fluctuations seen in the stock market enthralled me. Renowned leaders in the business world have always been of interest to me, specifically Warren Buffet. My favorite quote by Buffet is “It’s better to hang out with people better than you. Pick out associates whose behavior is better than you and you’ll drift in that direction.” By attending CMU, I would personify this quote. Growing up, my parents have instilled into me, many essential values, such as working hard and “being the best me I could be.” I have always expected a lot from myself, but high expectations from my parents and close friends, have increased my work ethic and lifted my goals and aspirations even higher. For that reason, I hope to challenge myself through the prestigious Dietrich College of Humanities and Social Science’s economics curriculum. The undergraduate economics program would prepare me for a vast array of careers. Jobs in policy, law, and business are all possible, or if one desires to go to some sort of post graduate school, that is also possible. By having such a top-notch education, I would surely be closer to achieving my goal of receiving my MBA from Tepper. In making all this possible, a wide range of classes must be made available. Classes that are available in just about any economics curriculum, like Intermediate Economics, are also available here, but classes like Behavioral Economics and Global Electronic Markets are what makes CMU unique. Another attractive aspect of CMU is the jointly administered economics degree by Dietrich and Tepper. I feel this will make for a solid foundation in the field of econo...

    Read More

  • Unveiling US-China Trade Relations: Pros, Cons and Realities

    2383 Words  | 5 Pages

    In 2001 China entered the WTO it has made major stride in the world economy especially with trade agreements with the biggest capitalist economy and the biggest GDP and most developed country in the world the United States of America which has nearly 2.3 trillion of exported goods and service in 2013 (President, n.d.) When China entered in the WTO it had become the sixth largest economy and the largest market trade and was slightly ahead of Italy and just behind France. “China is third largest trading partner with the U.S and its trade surplus with the U.S. has increased to $201 billion around 2005 and by 2014 the total China-U.S. trade deals was 591 billion”. (Morrison, 2015) It had a global current account of $160 billion around 2005 (Hufbauer, Wong, & Sheth, 2006). As of 2015 “China is the U. S’s second largest trading company and the third largest export company and its biggest source of import”. (Morrison, 2015) Sales from a foreign affiliated U.S. firms in China totaled at 364 billion by 2013. (Morrison, 2015). What is also amazing is that China has the biggest U.S. treasury bonds and that keeps U.S interest rate low. Between 2010 to 2014 General Motor sold more cars in the Chine’s market than in the U.S. market and many U.S. firms participate in Chinese market to stay globally competitive. (Morrison, 2015). This kind of

    Read More

  • United States Trade Policy: Current and Future Role in a Global Economy

    2527 Words  | 6 Pages

    The United States has for over two centuries been involved in the growing world economy. While the U.S. post revolutionary war sought to protect itself from outside influences has since the great depression and world war two looked to break trade restrictions. The United States role in the global economy has grown throughout the 20th century and as a result of several historical events has adopted positions of both benefactor and dependent. The United States trade policy has over time shifted from isolationist protectionism to a commitment to establishing world-wide free trade. Free trade enterprise has developed and grown through organizations such as the WTO and NAFTA. The U.S. in order to obtain its free trade desires has implemented a number of policies that can be examined for both their benefits and flaws. Several trade policies exist as options to the United States, among these fair trade and free trade policies dominate the world economic market. In order to achieve economic growth the United States has a duty to maintain a global trade policy that benefits both domestic workers and industry. While free trade gives opportunities to large industries and wealthy corporate investors the American worker suffers job instability and lower wages. However fair trade policies that protect America’s workers do not help foster wide economic growth. The United States must then engage in economic trade policies that both protect the United States founding principles and secure for tomorrow greater economic stability.

    Read More

  • Parkinson's Disease

    1507 Words  | 4 Pages

    Parkinson's is an idiopathic, multifactorial neurodegenerative disease that attacks neurotransmitters in the brain called dopamine. Dopamine is concentrated in a specific area of the brain called the substantia nigra. The neurotransmitter dopamine is a chemical that regulates muscle movement and emotion. Dopamine is responsible for relaying messages between the substantia nigra and other parts of the brain to control body movement. The death of these neurotransmitters affects the central nervous system. The most common symptoms are movement related, including shaking, rigidity, slowness of movement and difficulty with posture. Behavioral problems may arise as the disease progresses. Due to the loss of dopamine, Parkinson's patients will often experience depression and some compulsive behavior. In advanced stages of the disease dementia will sometimes occur. The implications of the disease on the anatomy and physiology of the respiratory and phonatory systems significantly control speech.

    Read More

  • Paying College Athletes

    1281 Words  | 3 Pages

    The college athletes of their respective sports today, have the opportunity of showcasing their talents in competition on local and national programming on a regular basis which has lately brought attention this controversy, paying college athletes. The issue was brought on by the athletes over time, then caught onto coaches, sports columnists, and fans. The athletes dedicate themselves to the sport to a caliber comparable to the professional tier. The idea of paying the athletes could be considered as they play major factor in reputation of their schools, as well as funds for their schools. However most colleges do not have profitable sports teams. Thus, paying athletes would prove to be a very difficult endeavor and this could destroy college athletics as we know them today.

    Read More

  • Globalization Has Destroyed the Middle Class

    899 Words  | 2 Pages

    Morrison, Wayne M. "China and the World Trade Organization." Congressional Research Service (CRS) Reports and Issue Briefs. Congressional Research Service (CRS) Reports and Issue Briefs, 2002. Academic OneFile. Web. 3 Oct. 2011.

    Read More

  • Intellectual Property Rights and the Piracy War in China

    3290 Words  | 7 Pages

    With a population of 1.357 billion (2013)3, China is the most populated country in the world. Along with the huge population comes a market that is unmatched by any other country of the world. Both domestic companies and foreign companies want to tap into this large market that just recently embraced capitalism and entered into the World Trade Organization.

    Read More

  • Foreign Trade with China

    2820 Words  | 6 Pages

    Sangvhi, Saurabh. "Trading China.(US Senate Votes To Extend Normal Trading Relations With China)(Brief Article)." Harvard International Review 1 (2001): Academic OneFile. Web. 13 Dec. 2013.

    Read More

  • Service based economy in the U.S.

    354 Words  | 1 Pages

    We say that we are heading toward a more global economy because of the fact that competition in today’s markets is global. This means that corporations in the United States can compete in foreign markets and vice versa, therefore U.S. corporations and foreign corporations become interdependent and thrive off each other. This can have a good impact on the United States because it allows U.S. corporations to seek materials and labor outside of the U.S. in countries such as China, India, and Mexico, where workers are paid a lot less money than U.S. workers, thus allowing them to sell their products for significantly cheaper than if they were produced in the U.S.; however, the tradeoff is that many American workers in the industrial sector lose jobs due to this shift of labor to overseas. In the long run this will be beneficial for the U.S. and although some percentage of workers are losing work, new jobs in the services sector, in fields such as computer technology, telecommunications, and language skills are opening up and experiencing growth because of this change.

    Read More

  • Analysis Of The Us-China Trade

    1570 Words  | 4 Pages

    The current trade imbalance is caused in large part by intrinsic features of China's labor market and consumer base. The vast majority of China's 1.3 billion people still live in rural areas. China has, by some estimates, a surplus rural labor force of 120 million people, many of whom migrate to industrial centers to look for factory work, and drive down wages. As long as wages are low, the United States will continue to gobble up products made in China, while Chinese consumers will prefer to buy cheaper, homespun alternatives to American products. The rise in trade deficit with China has come at a cost to jobs in the United States, accordin...

    Read More

  • Education Goals

    599 Words  | 2 Pages

    For this reason, I have decided to pursue my studies in the field of Business and Leadership at Marylhurst University. I want to pursue a well-rounded education at this established university where I also can have life experiences in the outside world, which will ultimately help me to become a successful leader in our family business. Early education followed by a liberal arts university education is the foundation for an educated person; it gives one a broad scope of knowledge and a well-developed core of functional skills. These ski...

    Read More

  • European Imperialism in Africa

    1534 Words  | 4 Pages

    In the early 1880’s, the powers of Europe started to take control of regions in Africa and set up colonies there. In the beginning, colonization caused the Africans little harm, but before long, the Europeans started to take complete control of wherever they went. The Europeans used their advanced knowledge and technology to easily maneuver through the vast African landscape and used advanced weapons to take control of the African people and their land. The countries that claimed the most land and had the most significant effect on Africa were France, England, Belgium, and Germany. There were many reasons for the European countries to be competing against each other to gain colonies in Africa. One of the main reasons was that the Europeans believed that the more territory a country was able to control, the more powerful it could become and the more powerful it would be seen as by other countries. Other reasons for the desire to control African land included the many natural resources that could only be found in Africa, such as diamonds, gold, and as time progressed, rubber. It also provided new markets in surrounding places so that manufactured goods could be sold for a larger profit. The Europeans had many motives for imperialism in Africa. Yet the true motives were often shielded as they tried tom present themselves as humanitarians when in reality they were making Africa a terrible place to live with brutality and harsh treatment of the African natives. The ways of the Europeans had many physical and emotional costs for the people of Africa. The imperialism process also took a toll on the people of Europe. The European imperialistic colonization in Africa was motivated by the desire to control the abundant natural resources an...

    Read More

  • Essay On Fashion Boutique

    730 Words  | 2 Pages

    In my degree plan, I realize that I will have to complete my general education classes including English, math, science, history, and the humanities. These classes have the ability to prepare me for the rigorous work that I will face within my core business classes. Program requirements vary based on each institution’s own specific curriculum. However common core courses in business administration programs are mostly centered on financial accounting, business law, economics, finance, organizational behavior, business management, marketing, human resource management and operations management . Through research of my career path, I realize that a Masters in Business Administration would be even more useful because it has the potential to attract potential investors. Median yearly wages for people with Business Management degrees range from $46,00-$115,000 . The duties of owning a fashion boutique include managing the daily operations of the store, all finances, and maintain the vision of the store

    Read More

  • investment banking

    970 Words  | 2 Pages

    The intensely competitive, action-oriented, profit-hungry world of investment banking can seem like a bigger-than-life place where deals are done and fortunes are made. Investment bank includes but is not limited to bringing an established company to the market, by that I mean taking company with the capabilities but not capital of expanding, and raising money through other investors or the stock market (IPO) for a commission, I chose this field because of my personal experience with my father and his company, I’ve seen him go from starting off as a cold calling broker, to running a brokerage firm, to starting a brokerage firm, all the way to having his own investment firm. I feel like I would do better with jobs where you set your own hours and work at your own pace. A lot of the work is commission based so the more your work the more you make, this would also benefit me because it would drive me to work more, money is my motivation. To be hired you will need good people and communication skills, highly analytical skills, high ability to synthesize and high creative ability. You will also need experience in modeling, valuing companies, and financial accounting.

    Read More

  • Banking and Finance

    1013 Words  | 3 Pages

    Never have I ever climbed a mountain peak. As a child, I imagined myself conducting expeditions in deep-frozen pathways, leading amateur explorers to the top of the world, and instructing rookies in surviving harsh blizzards. Even though slightly altered, my childhood dream has been achieved. I led a team of fellow classmates, in my Strategic Management course, to the success summit of a financial competition. Over the course of a semester, I and my teammates were supposed to create and manage a company of the IT industry, in a computer-simulated environment, along with other four rival teams. I dealt with strategy and financial matters of our virtual enterprise, while my colleagues were working on marketing and manufacturing. During the four months of the exercise, I have experienced finance from various aspects: capital budgeting, through selecting favorable investment for upcoming quarters; debt management, by assessing the necessary amount and efficiency of loans; profitability analysis and dividend policy, which had been used to compile the company’s general performance index. Working in a multinational team, which included an American, a Norwegian and a Moldovan, strengthen my negotiations skills, as well as flexibility and cooperation. But above all, this experience intensified my passion for finance. Of course, a pleasant bonus was the fact that, in the end, our company’s financial performance was six times the performance of second-best team.

    Read More

More about Leonard N. Stern School of Business at New York University (NYU)

Open Document