- Summer 2016 Course Announcements
- Summer 2016 By-Permission Only Courses
- Fall 2016 Course Announcements
- Fall 2016 By-Permission Only Courses
Asian and Emerging Economies (New Course Title)
ECON-GB.2322.60 (3.0 Credits)
Prof. Joseph Foudy
Tuesdays & Thursdays, 6:00-9:00pm
Prerequisite: COR1-GB.2303 The Global Economy
Specializations: Economics; Global Business/Intl Business
This course covers the economic development and market structure of Asian and emerging economies. Asia receives specific focus given its size and pivotal role in the world economy, but markets in Latin America, Africa, Eastern Europe and Middle East also receive coverage. Emerging markets are now responsible for the lion’s share of world GDP growth. Success in them is critical to the strategies of multinational firms and they are an important part of most investment portfolios. The course attempts to answer a number of important questions about these markets: what are the drivers for growth and economic potential of each state? What role does government and the state owned sector play in business? How do politics impact markets, especially for foreign firms? How do financial markets and corporate governance vary and what impact do they have on firms? What are the key challenges facing these states today and likely in the future?
Consulting Practice (in conjunction with the Stern Consulting Corps)
MGMT-GB.3306.60 (3.0 Credits)
Prof. Sonia Marciano
See website for application
Graduate management students and the organizations that hire them are increasingly demanding that management education be directly applicable to real-world needs. The 'Consulting Practice' course in conjunction with the Stern Consulting Corps (SCC) is a hands-on experiential learning opportunity that will allow students to work in teams to tackle a business issue or opportunity for a prominent for-profit or non-profit firm while applying in real time the key steps of the consulting process they are learning in the classroom. Because the projects are interdisciplinary, this course enables students to fuse theory with practice and allows them to gain hands on experience.
Fintech Analytics: Data-Driven Credit Modeling
INTA-GB.2320.10 (3.0 Credits)
Prof. Roger Stein
This course focuses on the practical challenges that arise in implementing a variety of credit models (e.g. bankruptcy and default models retail and commercial entitles). We explore a number of data-driven approaches to modeling the likelihood that credit-risky borrowers will default on their obligations using large data sets. This course tends heavily towards discussions of practical model implementation and the "frictions" that make these implementations difficult in real-world settings. We discuss a number of modeling frameworks for estimating default probabilities (PDs) and loss given default LGD. We do not focus as heavily on the structure of credits markets or the details of pricing a broad variety of credit-risky instruments.
Management & Organizations
Globalization and Risk Management
MGMT-GB.2140 (1.5 Credits)
Prof. Robert Salomon
Specializations: Management, Strategy, Global Business
The central objective of this course is to understand the strategic management of global firms and the institutional (political, cultural, and economic) features of global markets. It is designed to help students manage the complex and nuanced risks that global companies face. Students will not only learn about institutional risk, but they will also be required to quantify institutional risk in their various assignments and develop an original institutional risk pricing tool. The students will then learn how to use this tool to complement existing strategic and financial analyses. This course is pertinent for students who intend to pursue careers in management consulting, general management, investment banking, private equity, venture capital, and other careers in the global context where accurate and concise strategic risk assessments are critical.
Predicting the Future of Technology
MKTG-GB.2192.10 (1.5 Credits)
Prof. Amy Webb
Specializations: Marketing; Entertainment, Media & Technology
This class is designed to answer questions such as: What technology is on the horizon? How will it impact our society? How will various industries harness the tech trend? Where does the trend create potential new business partnerships or collaborators for us? How does this trend impact immediate/adjacent industry and all of its parts? How will the wants, needs, and expectations of our customers and our society change as a result of this trend? We will systematically explore the future in order to forecast it so that we might all make better decisions in the present. This is not a class about today’s hottest trends, though I will oﬀer deep insights into what key areas to watch. Instead, this class presents a process for identifying and acting on those trends. No technical skills are required. You don’t need to be a statistician or a research scientist. The process is straightforward, intuitive, and adaptable.
MKTG-GB.2367.10 (3.0 Credits)
Prof. Adam Allenson
Consumers don’t see the brand strategy, the situation analysis, the Power Points, the copious research findings. They do see – and experience – the outcome the execution of the strategy, from product design to packaging, advertising to promotions, customer service to social media. In this workshop-based course, students will immerse themselves in what it takes to bring a brand strategy to life, all the practical and pragmatic aspects of marketplace execution. Utilizing a wide range of actual brand strategies, from companies large and small, students will learn how to assess which points of touch with the consumer are most advantageous relative to meeting a given objective, how to determine the best use of a budget, be it generous or less so, and how to work most effectively with communications agencies in areas of both traditional and emerging media.
Next Gen Fashion Retail
MKTG-GB.2376.10 (3.0 Credits)
Prof. Jeffrey Carr & Prof. Lawrence Lenihan
Specializations: Marketing; Luxury Marketing
The retail industry will undergo more changes in the next 10 years than it has in the past 100. Driving this change is the Internet as it connects brands directly to customers, changing every element of the traditional distribution channels. We will explore these changes across the business architecture with a specific focus on brand channel strategy and the changing relationship with third-party channel partners. While the course perspective and case material is brand centric, the traditional retail channel business model will be examined extensively to understand the enormity of the changes facing channel leaders today and their role in the “fashion brand of tomorrow.” The course will include a study of channel economics, known as traditional “retail math” as part of understanding the relationship between brands and third-party retailers. As part of this learning, the role of full-price vs. constant discount promotions and the accompanying economic drivers of product gross margin and operational expenses will be examined in the context of creating the new businesses of tomorrow.
Business and Society
Corporate Governance - Who Is In Charge?
BSPA-GB.2176.10 (1.5 Credits)
Prof. Sam Liss
Corporate Governance has evolved to be one of the more compelling and challenging subjects in business and society. Governance is a multi-faceted topic that has financial, economic, ethical, legal, regulatory, and sociological dimensions. Its impact has increased with the ever-growing power and scope of modern business corporations. Its imperfections have been demonstrated by a distressingly long list of spectacular business failures. What is a productive framework to understand the complex relationship and decision processes among directors, management and shareholders/stakeholders? How should we measure the issues around topics such as company valuation, acquisition or outright sale of the business, social responsibilities, and regulatory forces?
It is critically important for NYU MBA graduates to be familiar with corporate governance dynamics. Many of you are likely to have a responsibility in your evolving careers to engage with corporate public and private boards as a member of management or as an advisor, and as well in serving as active members of Boards of Directors (both for- profit and non- profit) or participating in governance issues as investors.
Instructor Background- Sam Liss
Prof. Liss is an Adjunct Professor of Finance at Stern and a Stern MBA, teaching courses in Corporate Governance, Professional Responsibility and Risk & Insurance. He is also a principal in a strategy advisory firm and serve on both public company and private company Boards in the financial and business services arena.
Managing Investment Funds
FINC-GB.3320.01 (3.0 Credits)
Prof. Anthony Marciano
Tuesdays and Thursdays, 12:00-1:20pm
For application, visit stern.nyu.edu/mpsif
Managing Investment Funds is a capstone course that requires students to draw on their knowledge of finance as well as macroeconomics, accounting, competitive analysis, strategy, marketing and other fields to manage a $1.5 million endowment fund held by New York University. In addition to honing their analytical skills, by organizing all activities related to institutional asset management, students gain experience in financial writing and oral presentations, advancing financial decisions in a group setting, and handling all of the governance and fiduciary responsibilities of a university endowment fund. The central mission of this course is for students to learn through having practical, hands on investment management experience. Because of the time requirements in formulating an investment strategy, screening and reviewing prospective stocks, updating the status and performance of existing positions, and all of the ancillary duties connected with the operation of a real, live portfolio, the experiential or hands-on component consumes the bulk of class time. However, a related mission is for students to acquire knowledge about institutional funds management and current industry practices and trends. This more traditional learning experience comes through readings and presentations from industry professionals. The endowment funds under management operate as the Michael Price Student Investment Fund (MPSIF). The Fund began in early 2000 thanks to a generous gift from Michael F. Price.
MGMT-GB.3306.10 (3.0 Credits)
Prof. Sonia Marciano & Prof. Prashant Ghandi
See syllabus for application or visit SCC.
Graduate management students and the organizations that hire them are increasingly demanding that management education be directly applicable to real-world needs. The Consulting Practice course in conjunction with the Stern Consulting Corps (SCC) is a hands-on experiential learning opportunity that will allow students to work in teams to tackle a business issue or opportunity for a prominent for-profit or non-profit firm while applying in real time the key steps of the consulting process they are learning in the classroom. Because the projects are interdisciplinary, this course enables students to fuse theory with practice and allows them to gain hands on experience.
OPS in ENT: Las Vegas
OPMG-GB.2313.0A (3.0 Credits)
Prof. Harry Chernoff
Trip and Pre-/Post-trip meetings (see syllabus)
See syllabus for application
When we think of entertainment, perhaps the most popular location that comes to mind is Las Vegas. Behind the glitter and excitement in Las Vegas are industries dedicated to supplying entertainment to customers. Operations addresses the supply side of business, including how products are produced and how services are supplied. This course goes behind the scenes in Las Vegas to observe and analyze the operations involved in performing this supply function. It presents an opportunity to observe and study the entertainment industry including strategy formation and decision-making that are quite unique. The underlying driver is certainly gaming, but the industries surrounding the various forms of gambling have become major profit centers separate from the millions made on the casino floors. During a one-week visit to Las Vegas, students will observe and study some of the major operating industries that comprise the broad scope of entertainment in this city.