Professional Responsibility & Leadership
COR2-GB.3101, 1.5 credits
A second-year MBA course taken after students have completed all other courses in the MBA core. This interdisciplinary capstone course is designed to build the student's awareness of the interplay among a society's laws, ethical norms, and markets.
In addition, through case analysis, lectures, and guest speakers, the course provides students with a chance to develop their ethical judgment in business situations.
MGMT-GB.2176, 1.5 credits
This MBA elective examines the key concepts, structures, and dynamics of modern corporate governance. The course explores three questions: 1) how is the control of publicly traded corporations exercised, 2) how are managers in control kept accountable, and 3) will recent regulatory changes improve corporate governance or simply add an unnecessary layer of bureaucracy? The course gives students the tools needed to recognize an effective corporate governance system and manage corporate governance within the context of our legal system, product distribution, labor structure and financial markets.
INTA-GB.3150, 1.5 credits
This course examines the following question: how does Senior Level Management effectively change organizations in response to dramatic changes in circumstances? All too often, managers and corporate boards fail to recognize factors that threaten the firm’s business until its very survival is in doubt. In such cases, the board of directors and management may need to implement drastic and sudden changes in several aspects of the firm.
The course draws on several of the core disciplines in the MBA program, and provides an opportunity to apply them to organizations in the midst of major transitions. Students should come into this course ready to apply both quantitative and qualitative tools drawn from accounting, corporate finance, cash flow modeling, debt restructuring, negotiation, marketing, management, leadership and communication. Financial, market, and organizational aspects of transformation will be explored through case studies, articles, texts and class discussion.
The course is relevant for students who anticipate working in any operating company or in a firm advising and/or interacting with such a company- including consultants, turnaround specialists, venture capital and private equity professionals, activist fund managers and bankers. The skills developed in this course should be applicable to professionals throughout their careers. Specific attention is paid to cultivating skills appropriate to early stage career assignments.
Global Markets & Normative Frameworks
INTA-GB.3105, 1.5 credits
Despite the globalization of markets, vast increases in personal connectivity, and the alleged flattening of the planet, there remains today a great diversity of views, values, traditions, and sources of political legitimacy at work in the world. Trends toward global uniformity continue to clash with the stubborn particularities of individual cultures, religions, and histories. In economics, politics, and ethics, there still is no consensus, Washington or otherwise.
Convened by CNBC Anchor Maria Bartiromo and global private equity leader Tim Collins, this seminar is designed to be a provocative exploration of cultural normative differences and their impact on global organizations. Its premise is that the aspiring leader of a global enterprise - whether business or political or educational - must confront, analyze, and where possible reconcile the complexities and tensions at work in the world. Its objective is to bring students to a heightened, more nuanced understanding of the interplay of global forces and local norms.
This seminar draws upon academic research, trade books, press readings, and case studies. To bring these issues to life, the course will also present an array of guest speakers, all of whom have been actors in this global process, each with a particular expertise. In class discussion and lectures, and through questions and answers with the visitors, students will develop an appreciation for the intricacies of operating in the heterogeneous global environment, recognizing the unique elements of national character, government structures, and local normative frameworks.
BSPA-GB.2314, 1.5 credits
Law inevitably touches all fields in some way, and mass media and entertainment is no exception. This course will examine the inner workings of the entertainment business from a legal perspective. Major topics include contracts, torts (defamation and privacy), and intellectual property. We will also focus on the relationships between various parties in the entertainment field (e.g., the artist, manager, agent, and so on), the protection of intellectual property interests, and various aspects of the recording industry (e.g. contracts and royalties).
Ultimately, this course should prepare you for general analysis of a wide variety of entertainment law issues. Dealing with more narrow topics, such as constitutional concerns or union representation, will require additional, specialized independent study. As any study of law should, this class should also help to further develop your reasoning and communication skills.
Business Law For Managers
BSPA-GB.2314, 3 credits
To succeed, business managers and entrepreneurs need to know how to operate in the legal environment of business. This course provides a basic understanding of legal issues that a business manager may face and opportunities to communicate about law and business. The relationship between law and business will be illustrated in class lectures, discussions and selected readings. The objective of the course is to expose students to some of the key legal areas they can expect to encounter in business as entrepreneurs, managers and consultants.
Real Estate Transactions
This course examines the legal issues arising in each phase of commercial real estate transaction from the acquisition through the disposition of the property, including all aspects of real estate development and real estate financing. The main topics covered will include property acquisition; entity selection and structure; tax considerations; construction and permanent financing; development; mortgage securitization; leasing; workouts and other exit strategies; as well as current legal issues. This course will prepare the student to become sensitive to the wide variety of legal issues and topics encountered in commercial real estate transactions from the perspective of a business professional.
Business, Society & U.S. China Relations
BSPA-GB.2172, 2 credits
Do the economic and political tensions in the U.S.-China relationship matter for the business community? How should businesses deal with potential flashpoints–whether on trade, foreign direct investment, varying business norms and practices,intellectual property violations,or security concerns–in the relationship between the two largest economies in the world? Does the business and investor community, both collectively and as individual
firms, have a responsibility to grapple with the political environment inside China? This course addresses these and other related questions in an effort to prepare Stern students for the complex reality of China’s emergence on the world stage.