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Pugel Named Faculty Director of Executive MBA Programs effective January 24, 2007

He is also the Langone Academic DirectorPugel picture

Thomas Pugel, Professor of Economics and Global Business and Fellow of the Teaching Excellence Program, has been named Faculty Director of Executive MBA Programs. Prof. Pugel will assume Prof. Brown's responsibilities for curriculum and all academic matters in partnership with Jaki Sitterle.  He is also the Academic Director of The Langone Program. He currently is a Member of the Advisory Board of the Center for Innovation in Teaching and Learning.

Professor Pugel joined the Stern faculty in 1978 and has taught in The Langone Program numerous times, most recently two sections of Global Business Environment I in Fall 2003. He was twice voted Professor of the Year by Stern’s graduate students, and received the University Distinguished Teaching Award in 1992. For a number of years he served as Chair of the International Business Area, and as Vice Dean for Faculty from 1994-1998.

The author of several books and numerous articles, his research focuses on international industrial competition and government policies toward international trade and industry. He has also served as a research consultant to a number of U.S. government agencies, international organizations and business organizations. Included among these are JPMorgan, Citicorp, the Chrysler Corporation, the Federal Trade Commission, the Joint Economic Committee of the U.S. Congress and the United Nations.

Professor Pugel received his B.A. in Economics from Michigan State University in 1974 and his Ph.D. in Economics from Harvard University in 1978.


EMU Assessing the Impact

(left to right) Prof. Georges de Menil, Sir Nigel Wicks, keynote speaker, and Dean Thomas Cooley

Dec. 5, 2003

Global Business Institute Launches New Initiatives

The Global Business Institute has launched a number of initiatives during 2003-2004, including a series of conferences focusing on issues in global business, a short-term Visiting Faculty Program to bring faculty members from various academic institutions in the U.S. and abroad to NYU Stern, and a Global Scholars Program to foster first-class scholarship on the social impacts of globalization.

Conference Series

As part of its initiative to organize conferences that involve top academics, leading public policy decision makers and practitioners, GBI organized the EMU Conference on Dec. 5, 2003.

Visiting Faculty Program

The Visiting Faculty Program has three principle aims: to raise the external awareness of Sten's capabilities in the global dimensions of business research and teaching, to provide contacts between Stern researchers interested in the global dimension of their research and scholars sharing the same interests elsewhere, and to reinforce the intellectural intensity of Stern's research on the global dimension of business.


Visiting Scholars - 2006-2007


Jean Dermine INSEAD, France

Mark Flannery University of Florida

Keiichi Omura Waseda University


Visiting Scholars - 2004-2005
Nature of Research

Teo Cocca
Banking, Financial Intermediation and
Corporate Governance
University of Zurich
KMC 7-187

Bo Liu
Capital Market Reform, New Financial Product Development,Corporate Governance
Chairman, China Souther Security Co. Ltd. President, China Southern Security Co. Deputy Director, Singapore Regional Headquarters, China Everbright Vice President, Shanghai Stock Exchange Professor, Finance, Shanghai University

Maria Risberg
Differences in Accounting Disclosure Across Countries are Related to Heterogenous Demand for Public Information
Department of Economics
University of Goteborg, Sweden
KMC 7-185

Markus Schmid
Agency Problems, Corporate Governance, and Corporate Diversification
Department of Finance
University of Basel, Switzerland
KMC 7-185
up to 9/2005


Visiting Faculty, 2003-2004


Ray Ball University of Chicago

Pankaj Ghemawat Harvard Business School

Alexander Dyck Harvard Business School

Andrew Rose Univ. of California, Berkeley

Randall Morck University of Alberta

Fritz Foley University of Michigan

J.B. Steenkamp Tilburg University

Artyom Durnev University of Miami

Ross Levine University of Minnesota

Oleh Havrylshyn IMF and University of Toronto


Global Scholars Program

The Global Scholars Program, headed by Profs. Walter and Yeung, is a multi-year project aimed at fostering first class, cross-disciplinary, academic scholarship on the social impacts of globalization. The Program attracts highly-regarded scholars, spawns new, relevant research and facilitates exchanges and collaboration between scholars at different points in their careers and in different fields. The Global Scholars Program is a joint project of NYU Stern, The Aspen Institute's Initiative for Social Innovation (Aspen ISIB) and the William Davidson Institute at the University of Michigan.  The Institute has received a generous $250,000 grant from the Ford Foundation in support of the Global Scholars Program.


Visiting Scholar2

Prof. Ingo Walter with Visiting Scholars, Maria Risberg
and Prof. Teo Cocca.


GBI Co-sponsors Presentation by Mr. Andrew Tulloch

The Global Business Institute (with Emerging Markets Association and Stern Arab Business Association) co-sponsored a special presentation by Mr. Andrew Tulloch, Senior Banking Advisor to the Coalition Provisional Authority in Iraq. He has been deeply involved in establishing new financial institutions in Iraq. He talked about his experiences in Iraq and how they relate to his career as an international banker in Latin America, where he worked for Bank of America, Lehman Brothers, and Prudential Securities.  Title of his presentation was "Combat Banker" From Managing Exposures in Latin America to Reconstructing a Banking System in Iraq. Presentation was held on March 9 at the Cantor Boardroom, and a reception followed at the GBI conference room.

Team of Stern MBA students among Semi-finalists to the USF 2004 International Business Plan Competition

Team of Stern MBA students among the semi-finalists for the University of San Francisco 2004 International Business Plan Competition to be held March 31 - April 3.  The Stern team plan is for a company called Vapps. Vapps provides conferencing infrastructure solutions to service providers, resellers and agents in the telecommunications industry by using a standards-based solution, the CB 1000, as well as provide a hosted service including bridging, operator and billing support.

The Krasnoff Lecture 2004

World Bank President James Wolfensohn Addresses Stern MBA Students at Krasnoff Lecture



Pictured above with Mr. Wolfensohn (center) are Prof. Bernard Yeung, Dean Cooley,

Abraham  Krasnoff, and Prof. Ingo Walter


On March 8, 2004 the Global Business Institute sponsored a lecture on the role and future directions of the World Bank Group, one of the key multilateral organizations engaged in economic development and the alleviation of poverty worldwide. A native of Australia, James Wolfensohn leveraged a successful career at Salomon Brothers and the creation of his own investment banking firm into what is often regarded as the most effective and creative Presidency in the history of the World Bank.