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NYU Shanghai and NYU Stern Professors Analyze China’s Stock Market

roaller-coaster940Over the past year, wild swings in the Chinese stock market have drawn worldwide attention. On April 26, Professor Matthew Richardson of the NYU Stern School of Business, together with Dr. Xin Zhou, the Executive Director of NYU Shanghai’s Volatility Institute (VINS), dispelled some of the myths and analyzed the main drivers of Chinese stock price volatility.

At the extremely well attended second lecture of 2016 VINS/TCFA Financial Engineering Practice and Innovation Lecture Series, Richardson explained how in fact the volatility of Chinese stock prices relates to global volatility, regional volatility in China, state owned versus private enterprises and industry volatility. The research data was acquired at the Volatility Institute.

Despite China’s unorthodox methods, the Chinese stock market functions and reacts much the same way the rest of the global market does, “but with more intensity,” Richardson underscored during his talk.

NYU Shanghai Student Mateusz Mościcki Wins Coveted Humanitarian Fellowship

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On the heels of recent success at the Clinton Global Initiative University Meeting, NYU Shanghai student Mateusz Mościcki  has now won a highly coveted Humanity In Action Fellowship, putting him a few steps closer to his ambition. He is driven to set up local radio stations in refugee camps of Lebanon, Jordan and Turkey, as well as establishing a pioneering Internet media platform to bring testimonies and camp life reality to the world.

Drawn by the refugee crisis in the Middle East and Europe, the 21-year-old dreams of launching refugee-run radio stations to spread news, provide pastimes, and most importantly, create a platform to foster dialogue between the Muslim and Christian communities in an effort to dissolve religious boundaries.

“I have always been interested in diplomacy, international relations and human rights. Me and my teammates believe that this the time to apply our knowledge; it is the time to turn our ideas into action,” Mościcki said.

Before being awarded the fellowship, the well-conceived project had landed Mościcki, together with his NYU Shanghai teammate Tomasz Jakub Merta and Beata Petkowa from Stanford University, a semi-final spot of the Resolution Project at the 2016 CGI University Meeting, held at Berkeley, California earlier in April. Mościcki’s plan stood out from some 900 Commitment to Actions raised by 1,200 student innovators. During the conference, their team had the opportunity to meet former US President Bill Clinton. Two other NYU Shanghai students, Sarah Jinrong Zhang and Vivian Yuwei Wu also participated in the conference.

“Waves of Peace, broadcasting from the heart of refugee camps in Turkey, Lebanon and Jordan, will reach ~ 230 000 people. It will not only be a platform for dialogue, but  can service to alleviate war trauma, enable education, and integrate the local community.” Mościcki said.

According to Mościcki’s plan, the radio will broadcast in Arabic, English and French. He will reach out to governments, business groups and international organizations for further support. In addition, as part of his fundraising efforts, Mościcki established and became president of an NGO–UNIPEACE Foundation.

Much to his delight, Mościcki has also recently earned the 2016 Humanity in Action Fellowship, a highly selective summer fellowship on human rights in Europe. He will fly to Berlin at the end of May to join other fellows in studying minority rights and producing original research on a variety of topics. During June 23-26, all the HIA fellows will gather in Athens, Greece for a concluding Humanity in Action International conference.

“It will be a great opportunity to develop relations with rising global leaders and advance on the path to build a platform that will bring refugee testimonies to the world,” he said.

Sustainable Development Conference at NYU Shanghai

downloadOn 16 April, 2016 NYU Shanghai will host a Sustainable Development Conference.

2016 is a pivotal year for sustainable development, as we move towards different kinds of social and economical structures. NYU Shanghai Sustainable Development Conference aims to raise awareness for the current global environmental issues and to share information about the current environmental issues and practical, evidence-based solutions to them.

This conference provides a unique opportunity to bring together stakeholders from academia, international agencies, NGOs, and ecological businesses to share practical solutions towards the achievement of more sustainable and inclusive societies.

There will be a full day of presentations, discussions and networking with peers and industry leaders who are working for a sustainable future. In addition to the great talks, there will be an Eco-Fair, a Farmers’ Market, and an Art Galla event. The conference boasts an incredible lineup of presenters who are prepared to arm participants with new strategies, insights and suggestions for how they can be part of the change.

NYU Shanghai Professor Marianne Petit wins Distinguished Teaching Award

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For exceptional teaching inside and outside of the classroom setting,  NYU Shanghai Associate Arts Professor and Director of IMA, Marianne Petit, is being honored with this year’s Distinguished Teaching Award. Established in 1987, the award has highlighted New York University’s commitment to teaching excellence and is given annually to selected outstanding members of the faculty.

“I am delighted that Marianne has won NYU’s Distinguished Teaching Award, which is awarded to only the very best of NYU’s many fine teachers. She is an inspiration to her students and to us all, and richly deserves this recognition,” said Provost for NYU Shanghai and Julius Silver Professor of History Joanna Waley-Cohen.

Nominated by students, faculty and alumni, recipients of this honor are presented with a medal and a monetary award in recognition of their significant contributions to the intellectual life of the University through their excellence as educators over a sustained period of time. Recipients must have the ability to inspire, promote, and sustain the intellectual development of students with a pedagogical approach that is innovative, intellectually rigorous, creative and engaging.

“I’ve had the pleasure of working alongside Professor Petit for 15 years in New York and Shanghai, and I realized that too few people know what an extraordinary teacher and mentor she is. I was delighted to learn that the University is recognizing her extraordinary contributions. As anyone who has worked with her can tell you, she is one of NYU’s treasures, and this award is richly deserved,” said Associate Professor of IMA Clay Shirky.

This story originally appeared here

New App Created at NYU Shanghai focuses on Digital Street Portraiture

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Digital street portraiture — There is an app for that, thanks to enterprising undergraduates at NYU Shanghai. Inspired by Humans of New York (a blog gone viral on Facebook and Instagram), Musa Malik, a neuroscience major, teamed up with computer science major Alexandru Grigoras and computer science professor Keith Ross, creating a new mobile app called humans — the first global album of digital street portraiture.

“Humans provides a unique perspective into the daily lives of people from the entire globe, bringing to light to stories of struggle, inspiration, and joy,” said Malik who originally conceived the idea and is now actively promoting the app.

Anyone around the world can sign up and contribute their own photo-stories about people from their local communities or simply browse through entries and discover personal tales from all over the world. Whether sad, funny, or inspiring, these are stories of people who suddenly don’t feel so much like “foreigners.”

After discussing the project together, Professor Ross helped Malik team up with Grigoras, who developed the entire app on his own and single-handedly wrote every line of code over a span of nine months. A beta android version was released late summer of 2015, and now the app is available for android, iphone and also has a browser interface.  “This is by far the largest and most exciting software project I have been involved with to date,” said Grigoras.

You can already find over 1,000 stories from over 30 different countries now on humans. Users can browse by country, by artist (contributor), by top stories, by recent stories, by featured stories, and by story themes. You can interact by giving a ‘thumbs up’ or by assigning a specific emotion to a story.

Currently the top contributor is Tehreem Nihar, a second year NYU Shanghai neuroscience major. Her posts breathe life into portraits of people from Pakistan, from the streets of Shanghai, and even feature stories of NYU students and faculty. “I’ve had an amazing experience interviewing and taking portraits of people so far. I am glad to be part of this project and to have had meaningful interactions with interesting people asking them to share something personal, because everyone has some something different to share,” said Nihar.

In addition, many other NYU Shanghai students have already started posting stories to humans, including Anna Jaskiewicz, sharing stories of China and Poland, and Diem Hang Pham shedding light on lives from Thailand and Hungary.

“I am very proud that our NYU Shanghai students have developed such an exciting application, and also have contributed so many compelling stories,” said Professor Ross.

The humans project is already gaining momentum on the web, featured in Buzzfeed’s “16 Things You Should do in 2016” and “The Love Around Us,” and NYU Shanghai’s independent student newspaper On Century Ave. Musa Malik goes in depth about the Humans project “aim[ing to] promoting cultural amalgamation and tolerance amongst global communities in this interview.

Experience and download the app here.

See more on this story from NYU Shanghai here.

Student Team at NYU Abu Dhabi, Including Visiting NYU Shanghai Student, Creates Winning App to Curb Road Accidents

bb_940-350Can an app reduce road accidents in the UAE? Yes, says the team of five students who created RoadWatch, the winning app for the UAE government’s 2016 mGov competition. (Sheikh Mohammed bin Rashid Al Maktoum personally handed them a well deserved prize of 1,000,000 AED).

The national competition asked university teams to create a mobile app designed for government services. Partnered with the UAE Ministry of Interior, Kai-erik Jensen (junior, from the U.S.), Maitha Salem (sophomore, from the UAE), Kenny Song (NYU Shanghai junior, from the U.S.), Quan Vuong (junior, from Vietnam), Ling Zhang (senior, from New Zealand) created the RoadWatch app — a smart, real-time driving assistant with three components: a phone app, smartwatch app, and web app.

The phone and watch app are for drivers, who can track driving habits like speeding, tailgating, swerving — factors that are then quantified into a driving safety level. It also gives real-time audio alerts on road conditions from the police. Impressively enough, the companion smartwatch app can monitor driver biometrics to alert drowsy drivers. The app is also is available in 15 languages.

The web app is for police use. With a map-based interface, police officers can draw zones with audio alerts and dynamic speed limits (e.g. if there is an accident, construction, sandstorm) to alert drivers. A heatmap allows the police to view anonymized, aggregate data on regions for speeding, swerving, and hard stopping to improve police patrol zones and road planning.

“I’m extremely excited and proud that our cross-campus NYU team has won the 2016 mGov competition. The funding, recognition, and government relationships we built during the competition will enable us to develop the app further and create safer roads in the UAE,” said Kenny Song.

The team, having worked on this project since the fall semester, received help refining the app from the Ministry of Interior. Four finalists from 94 teams were chosen, and a public voting process was held to ultimately decide RoadWatch as the first place winner. The team was invited to attend the World Government Summit in Dubai from February 8 to 10, where they were given a platform to talk about their app.

The future looks bright for the RoadWatch team. They’ll meet with various government agencies in the next few weeks to see how their app can be developed for public release or integrated into existing government apps.

Find out more about RoadWatch here.

NYU Shanghai Students Design a High-speed Train Prototype

Concept-Render940-350Like the idea of teleportation, high-speed ground transport may conjure trappings of science fiction to most, but a team of NYU Shanghai freshmen, sophomores and juniors created a top-level capsule design for a hyperloop — a near-vacuum tube that would allow high-speed transportation. Invited to the Design Weekend taking place at Texas A&M University, they’ll compete in the SpaceX Hyperloop Student Competition and show off their上海perloop (shang-hai-per-loop) design.

Over the course of three weeks, the team spent many school nights consuming research and MOOC lessons, learning how engines work, planes are built, and cars are systemized. They are a cluster of physics, engineering, interactive media arts, business, neural science, biology, computer science, humanities and mathematics majors. Five members are composing the industrial design for the project, another five are producing the business plan and eight are working on engineering, while many share cross-divisional leadership roles.

“We believe it is this active learning that can make new, fresh connections and epiphanies,” said junior student Michael Lukiman, adding, “We wish to show and inspire others in our community that enough drive and passionate work can pay off, first with this Design Brief, then beyond.”

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The opportunity comes from business magnate, Elon Musk, founder of SpaceX — an American aerospace manufacturer and space transport services company — who opened a design challenge to university students in considering the transportational hyperloop. Over 700 student teams from all over the world submitted applications to the preliminaries, and the NYU Shanghai team was among the 100 that passed the first round, as the competition’s only team based in China.

The underlying motive is a good one — a statewide mass transit system that is safer, faster, convenient, less costly, immune to weather, sustainably self-powering and resistant to earthquakes. Visualize a tube over or underground using powerful fans to push air at high speed, with a levitating capsule to reduce track friction and counteract gravity in a low air-pressure environment. In people-sized pods, commuters could potentially be propelled from LA to San Francisco in about 30 minutes.

Over the Design Weekend in January, teams will showcase their design and analysis, presenting research to potential sponsors as a sort of pitch to investors based on what judges have so far seen. The competition carries over to full-fledged pod racing in June, where teams will build their half-scale Hyperloop pod and test them on the subscale test track constructed by SpaceX (inner diameter between 4 and 5 feet; length approximately 1 mile). Resembling a sea-level spacecraft with on-board propulsion, it may use magnetic levitation technology similar to the already real Shanghai Transrapid Maglev — currently the fastest operating passenger train in the world, topping at 431 kilometers per hour.

“Working with our team’s engineering arm has once again allowed me to see the amazing talents of the students that attend NYU Shanghai. I feel so lucky to be in an environment that constantly provides opportunities that turn our wildest ideas into viable innovations that solve real-world problems. We’re working with hoverpads. It doesn’t get cooler than that,” said sophomore Omer Cohen.

With student innovation accelerating the development of a functional prototype, a better alternative to flying or driving may be within reach after all.

The members of 上海perloop are: (freshmen) Bradford Sunderland, Farrell Dunlap, Robert Prast, (sophomores) Fernando Andres Medina, Haider Ali, Jennifer Ziyuan Huang, Johan Yao, Omer Cohen, Richard Awuku-Aboagye, Siqing Zhang, Tristan Armitage, and (juniors) David Santiano, Kelvin Liu, Michael Lukiman, Richard Huang, Sean Kelly, Shahn Shamdasani, and Usama Shahid.

To learn more, visit the website.

NYU Shanghai and NYU Abu Dhabi Inaugurate First Live Virtual Talk

Harvey Molotch
NYU Shanghai and NYU Abu Dhabi inaugurated the “live virtual talk” between the two campuses, featuring Harvey Molotch, NYU Professor of Sociology and Metropolitan Studies. Moloch delivered a talk entitled “Making Self and Other: Solidarities and Moral Panics,” with over 20 students and faculty members participating in a lively virtual question and answer session following the presentation.
During the talk, Molotch discussed the sociological theory of symbolic interaction and explained how it accounts for construction of the “social self;” that is, one’s personal identity in the “eyes of others.” In addition to being the basis for normal social interaction, this process of identity construction can also lead to conformity, isolation, and, in extreme cases, violence and outright war.
“I cannot remember ever speaking to a group of more engaged students. Every question — and there were a lot of them — was not only smart but came from a real struggle to take the issues to a higher level,” said an impressed Molotch of the students in his virtual meeting.

Hack Shanghai – bilingual Hackathon hosted by NYU Shanghai

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On November 7-8, the students of NYU Shanghai are hosted the first bilingual hackathon for top hackers from around the world. HackShanghai is the largest such event in China to date. The 250 participating graduate and undergraduate students were chosen from applications from over 100 universities, including Harvard, Tsinghua U, Peking U, MIT, and CalTech. The 24-hour marathon event was sponsored by 21 companies, such as ICBC, Goldman Sachs, IBM, DBS. A dozen startups will manned booths on location to engage with the students throughout the event. The top three teams were selected by twelve judges from, among others, NYU Shanghai, Fudan University, ECNU, and Goldman Sachs. The winners were also be recognized for their individual efforts with prizes from sponsors. It was an intense, exciting, and exhausting two days!

NYU Shanghai student Jack B. Du develops mouse for kids with cerebral palsy

Jack B. Du
Jack B. Du (Jiadong Du), a junior at NYU Shanghai pursuing a double major in Computer Science and Interactive Media Arts, describes how he developed the idea of JOY Mouse – a device that helps kids with cerebral palsy use the computer. (To see more of Jack’s work, visit jackbdu.me.)
I developed the idea of JOY Mouse<jackbdu.me/joy-mouse> when a group of us were brainstorming for a deign challenge at 2014 Barcamp, which was held at NYU Shanghai. The objective is to design a device for the kids with cerebral palsy to help them use the computer. So my idea was to redesign a mouse, which would be built from a joystick, that moves the cursor to different directions as the joystick was turned around. It was fortunate that Arduino<arduino.cc> has this micro-controller board called Leonardo, which has low-level connection with computers so that it can work as a computer mouse or keyboard. I started coding for that and the mouse I built could only move the cursor around, unable to perform a click. It was only a one- or two-hour challenge so I didn’t make everything work.
JOY Mouse
Weeks later, when I was participating in 2014 HackShanghai<hackshanghai.com>, I picked up that idea and started some real work on it. Eventually, within 24 hours, I built JOY Mouse, which can work as a fully functional mouse, controlled by only one finger, or one arm if it were made big enough. Moreover, it supports quite a few gestures to trigger different functions, like scrolling pages, switching between desktops, etc. The project won the 2nd Best Hardware Hack in that hackathon. Later on, with Professor Marianne R. Petit, I went to CereCare, a non-profit organization that provides training and accommodation for kids with cerebral palsy. I talked to the teachers there and discussed different methods to redesign JOY Mouse to actually fit their students.
JOY Mouse in use