TROY, N.Y. — Despite additional costs, increased restrictions, and issues stemming from compliance directives, government-mandated stress tests are effective in strengthening the overall health of the multi-trillion-dollar American banking industry.
Let’s say you want to purchase a camera, and you’re comparing two different advertisements. In one, the font, colors, and layout make the information easy to read. The other has an obscure style that takes more time for you to understand. If you decide to purchase the second camera with the more confusing advertisement, new research out of Rensselaer Polytechnic Institute shows that, over time, you’ll likely be happier with your choice.
Recent research co-authored by three faculty from the Lally School of Management at Rensselaer Polytechnic Institute revealed that credit default swap contracts affect the dynamic of the lender-creditor relationship in the financial industry.
The Lally School of Management has named Clint Ballinger, lecturer and executive entrepreneur-in-residence, as the interim director of undergraduate programs beginning Sept. 1, 2020.
As classes begin at Rensselaer Polytechnic Institute this week, not only has the COVID-19 pandemic changed the format of some courses, it has also assumed a prominent focus in the content of many courses throughout the university. In keeping with the Institute mission to prepare the next generation of world-changing leaders, students will learn how a range of disciplines might respond to the most pressing global health challenge of the modern era.
Providing managers with the freedom to be entrepreneurial and take risks is essential to corporate innovation, according to recently published research conducted by faculty members in the Lally School of Management at Rensselaer Polytechnic Institute and an alumnus of the Institute.
Professor Thomas Begley has been invited to serve as chair of the management discipline of the Management Curriculum for the Digital Era (MaCuDE) project, which was initiated by Stevens Institute of Technology and is sponsored by PwC and AACSB. Its premise is that business schools have not kept up with the digital transformation of business and therefore, cannot provide students with the most up-to-date skills.
Consider this scenario: A vaccine for the novel coronavirus has been developed that is 91.27% effective. If public health officials present this information using the specific number, people are likely to think the vaccine is actually less effective than if it is presented as being 90% effective.