Accounting and the Blockchain
ACCT-GB.2170 (1.5 Credits)
Prof. Amal Shehata
Mondays & Wednesdays, 4:55-6:10pm
Specializations: Accounting; FinTech
This course will cover the many dimensions of the accounting industry that will be impacted by the blockchain technology. We will begin with the history of the existing financial reporting framework, exploring why and how it is open to disruption and improvement from the blockchain. We will then spend subsequent class periods examining specific areas, including financial reporting, auditing, tax services, the regulatory framework (or lack thereof to date), fraud and more.
Analysis of Financial Institutions
ACCT-GB.3120 (1.5 Credits)
Prof. Dan Gode and Prof. Stephen Ryan
This course analyzes financial statements of financial institutions from the perspective of investors, bankers, and consultants. It provides a framework to identify, understand, and analyze key performance metrics of banks and insurance companies.
Economics of Creativity and Innovation
ECON-GB.2362 (3.0 Credits)
Prof. Petra Moser
Specializations: Economics; Entrepreneurship & Innovation (Part 2B)
In this course, we will examine why some people, industries, and countries are more innovative than others. Course topics will include, but are not limited to the effects of patents, copyrights, immigration, social inequality, and education. The focus will be on policies made at the federal, state, and local levels, and on the implications of these policies for creative individuals in business, the arts, as well as science and invention. Discussions will touch upon the goals of policies and the extent to which the intention, implementation, and ultimate effects of policies align with these intentions. Students will learn to independently evaluate evidence on the effectiveness of alternative policies. They will be able to identify environments and policies that encourage innovation and creativity. Class sessions are a mixture of lectures, a guest lecture, and student presentations of existing research. Assessment will be based on these presentations and on a final project.
Sustainable Capitalism: A Longer Term Finance Perspective
FINC-GB.2360 (3.0 Credits)
Prof. Cristiano Zazzara
Specializations: Finance; Sustainable Business
The goal of this course is to analyze the interplay of Sustainability and Finance and the related new risks and opportunities. In fact, the intersection of ESG and Financial issues generates new risks over longer risk horizons, which should be factored into company valuation frameworks from fundamental analysis. However, understanding, measuring, and pricing these new sources of risk, and also assessing the related opportunities, presents challenges due to the wide breadth of ESG-related issues coupled with data limitations.
Managing Climate, Cyber, Geopolitical and Financial Risk
FINC-GB.2375 (3.0 Credits)
Prof. Richard Berner
Mondays & Wednesdays, 11:00-12:15pm
Specializations: Finance; FinTech
Businesses and governments now face a growing and immediate array of non-financial risks, including climate-related, cyber and operational, and geopolitical risks. This course will study these risks alongside financial risks. It will outline frameworks for measuring, assessing and analyzing them, and for actions needed to meet them. We will examine case studies of climate, cyber and geopolitical risks, including from current events. Finally, we will study whether and how the information in financial markets can both inform the assessment of these risks and potentially provide tools to transfer, insure against or hedge them.
Business, Economy, and Policy in the Midst of COVID-19
INTA-GB.2324 (3.0 Credits)
Prof. Richard Berner & Prof. Viral Acharya
This course will provide an interdisciplinary treatment of the business, economic, and policy response to the COVID-19 outbreak. Topics will include: detecting, testing, and tracing the pandemic; macroeconomic impact of containment; financial impact of containment; policy responses to the macroeconomic and financial fallout; global issues; and planning for the future.
Marketing and Sustainability
MKTG-GB.2323 (3.0 Credits)
Prof. Bryan Bollinge
Mondays & Wednesdays, 3:00-4:20pm
Specializations: Marketing; Sustainable Business & Innovation
This course aims to provide a broad range of tools and frameworks for understanding how businesses can interact with issues related to sustainability, taking a marketing perspective. In particular, we examine how traditional marketing strategies can be incorporated into and/or modified in domains in which sustainability is critical. By necessity, it is essential to not only account for the role of firms and customers, but of government, non-profit organizations, employees, and other stakeholders. This course will draw upon cases, guest speakers, academic and industry research, and recent articles and events. In addition, we will have two “live cases” presented by industry representatives. The final course deliverable will be a marketing plan focused on a firm strategy that can increase the sustainability of the firm’s actions while also creating stakeholder value.
CPRL Education Practicum
CONS-GB.3012 (12 credit opportunity)
Through the CPRL Education Practicum, Stern MBA students have the opportunity to work with a consortium of business, policy, education, and law students from top tier upper-level graduate programs. This is an intensive, full-semester seminar and practicum in the theory and methods of managing, governing, and transforming public- and social-sector organizations in P-12 education. This study-away experiential offering is structured with three components: Seminar: Theoretical seminar in the design, governance, transformation and democratic accountability of public sector organizations. Skills Training: Professional skills training in the competencies required for success as managers and leaders of modern public- and social- sector organizations. Consulting Engagement: Students support education organizations in thinking through some of their challenging issues and provide actionable solutions. CPRL offers a limited number of CPRL Scholar Awards of up to $20,000 granted to exceptional students to apply to their NYU tuition in return for a commitment to spending time after graduation in a public or nonprofit job in the education sector. To apply, please visit CPRL’s website OR please email firstname.lastname@example.org. If you have any questions about the course or would like to be connected to current students or alumni, please send your request to email@example.com.
NYU Impact Investment Fund (NIIF)
Independent Study (3 credits, 1.5 per semester)
Prof. Scott Taitel
Year long, Wednesdays 12:00-1:20pm
To apply, visit MBA Experiential Learning
The NYU Impact Investment Fund (NIIF) is a unique inter-disciplinary, experiential learning course which is offered in tandem with a student-led and operated Impact Investing Fund of the same name. Students participating in NIIF are expected to enroll in the NIIF course for the full academic year (fall and spring) and will receive 1.5 credits for each semester of participation. The class will be divided into five Deal Teams. The Deal Teams will have a sectoral focus (e.g., Financial Inclusion, Environment, Healthcare/Aging, Education and Food Systems) for sourcing prospective investment clients.
Independent Study (3 credits, 1.5 credits per semester)
Prof. Nicole Sebastian
Year-long, Fall 2020 to Spring 2021, *Meeting time varies
To apply, visit MBA Experiential Learning
The NYU Stern Board Fellows Program provides MBA students with the opportunity to learn more about what it is like to be on the board of a non-profit. Students work New York City-based nonprofit organizations to complete a strategic governance project for the board while attending their board meetings and working with board/organizational liaisons. With the assistance of the Office of Student Engagement’s Experiential Learning Programs team, as well as a program advisor who is an expert in board service and governance, Fellows will be matched with one of our partner boards in teams of three. Our selection and matching process reflects each student’s strengths, as well as each organization’s needs. Facilitated peer-learning sessions will ensure that Fellows are also able to hear about other students’ unique board experiences.
Stern Signature Projects
INTA-GB.XXXX (1.5-3.0 credits)
To apply, visit MBA Experiential Learning
Stern Signature Projects (SSP) is an experiential platform that provides unique applied learning opportunities which align Stern MBAs with leading faculty and research centers with the NYU network to tackle complex questions and leverage system-level thinking to help solve some of the greatest challenges of the 21st century. Anyone can read business concepts in a textbook, but through SSP our students have the chance to tackle those issues in real time
Managing Investment Funds
FINC-GB.3320 (3.0 Credits)
Prof. Anthony Marciano
Tuesdays and Thursdays, 12:00-1:20pm
To apply, visit nyumpsif.com
The Michael Price Student Investment Fund (MPSIF) is a family of funds managed directly by NYU Stern MBA students. The fund was established in 1999 through a generous gift from Michael Price, managing partner, MFP Investors, LLC and former chairman of Franklin Mutual Series funds. MPSIF provides students with hands-on experience managing a real fund with significant assets. The fund is divided into three equity funds - Growth, Value and Fixed Income. While each fund has its own performance benchmark, MPSIF's primary goal is to deliver positive returns that exceed the rate of inflation. At the end of February 2019, MPSIF had assets under management of $2.11 million, excluding more than $1.08 million in mandated distributions since its inception. Since March 2000, MPSIF has earned a cumulative return (after trading costs) of 74.3%, or 5.2% per annum. About 40 students enroll each year and are responsible for screening and evaluating stocks, preparing and presenting pitches for buy and sell recommendations and strategizing on broader portfolio allocation and risk management decisions. Students also write a newsletter and prepare annual and semi-annual reports to the MPSIF Board of Advisors. Students gain invaluable experience in investment management, which provides a competitive advantage when interviewing for summer internships or full-time employment after graduation. Managing the diverse tasks in MPSIF relies on teamwork and the course requires students to draw on their knowledge of finance, macroeconomics, accounting, competitive analysis, strategy and marketing.
MGMT-GB.3339 (3.0 Credits)
Prof. Deepak Hedge
To apply, see here
Students will learn about the process of successfully taking new ventures to markets, including aspects related to development, management, and financing of ventures. The course will be centered on student observations of the interactions of startup founders & their potential investors. After familiarizing themselves w/ the startups' ideas, students will apply basic analytical tools, drawn from mgmt, econ, and finance to evaluate the size of markets, attractiveness of industries, financing options of early-stage ventures, sustainable competitive advantage of proposed strategies, & the risks and potential of ideas. Along w/ the experiential component, the course will introduce students to a framework for developing an entrepreneurial strategy. Due to the course’s special circumstances, which involve working with new companies seeking capital: 1) students sign a non-disclosure agreement, 2) penalty is imposed for missed classes, 3) interested students must apply to the course to be considered. The course will run over the Fall and Spring with students working in teams.
OPS in Entertainment: Las Vegas
OPMG-GB.2313 (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 & excitement are industries dedicated to supplying entertainment to customers. Operations address the supply side of business, including how products are produced, how services are supplied. This course goes behind the scenes to observe & analyze the operations involved. This course presents an opportunity to observe and study the entertainment industry including strategy formation & decision-making. The entertainment comes in various forms. The underlying driver is gaming, but the industries surrounding the various forms of gambling have also become major profit centers. During a 1-week visit to Las Vegas, students will observe and study some of the major industries that comprise the broad scope of entertainment in this city. Although Operations Management models, techniques and strategies in this field are applicable anywhere; Las Vegas is the epicenter of the industry.