Course Announcements


Fall 2022 Course Announcements

Accounting

Cases in Financial Fraud
ACCT-GB 3112 (1.5 Credits)
Prof. Paul Zarowin
Tuesdays, 6:00-9:00pm (1st Half)
Specializations: Accounting

The objective of the course is to impart a detailed understanding of forensic accounting and the schemes used to commit financial statement fraud. The course is designed to highlight fraud schemes, methods of prevention and detection, and investigative practices. The course content should be of interest to those intending to work in management roles as well as those with an interest in financial law and regulation.


Finance

Activist Investing
FINC-GB 3146 (1.5 Credits)
Prof. Jonathan Litt
Tuesdays, 6:00pm-9:00pm (1st Half)
Specializations: Finance

This course will explore the world of activist investing. The first half will explore significant historical cases and the second half will have you working on live campaigns, each of which contains a unique set of circumstances and lessons to be learned. We will look through the lens of the investors in each campaign, identifying the opportunity that they saw and how they went about enacting change. Throughout the term, we will focus on the key aspects of activist investing including: identifying different reasons for underperformance, the most common requests of activist investors, and the tactics used to achieve their goals

Global Value Investing
FINC-GB 2382 (3.0 credits)
Prof. James Rosenwald and Prof. David Sherman
Thursdays, 6:00pm-9:00pm
Specializations: Finance, Financial Instruments & Markets, Quantitative Finance, Global Business

This course is designed to offer a thorough understanding of Value Investing principles and techniques from the perspective of professional practitioners. The course aims to prepare students to understand, evaluate, and invest using a Global Value Investment Philosophy in all asset classes (i.e. Securities, Real Estate, and Hard Assets). Students will be exposed to Value Investment Valuation methods, strategies, and techniques. The course will feature a combination of lectures by the professor and guest speakers who are experts in different facets of the Value Investing paradigm. An important part of the course is a term project for each student to prepare an investment analysis and oral presentation (or pitch) to a panel of investment professionals. The top investment ideas from the class will be purchased in a real money endowment fund held by Stern. Once investments are ongoing, the class will also be responsible for evaluating past performance and updating past buy decisions to determine whether these holdings continue to meet Value Investing principles and should remain as a holding in the Fund.


Operations

Operations Consulting: An Experiential Approach
OPMG-GB 2316 (3.0 Credits)
Prof. Harry Chernoff and Prof. Kristen Sosulski
Wednesdays, 1:30pm-4:20pm
Specializations: TBD

This is an experiential course in operations consulting. Students will learn the foundational consultant frameworks for addressing operations problems for real organizations. The basic approach begins with problem identification, followed by data analysis, solution evaluation, and the proposal of final recommendations. For any business, the production of products and the creation of services require processes that optimize the strategic objectives of the business. Students will analyze the connections between a firm’s operations and organizational strategy. Then, during company site visits, students, in the role of consultants, will talk with operations executives to uncover the capabilities required of the firms to employ their operations on location. They will observe, first-hand, the operations processes for services and manufacturing. In an elite, behind-the-scenes view students will study the processes that underlie systems of production, distribution, transportation, logistics, fulfillment, service, and product development for an array of organizations. In context, students will explore the intersection of technology, process, and strategy that enable a competitive advantage in today’s global markets. Finally, through a culminating final project, students will identify a business to serve as their consulting project and produce a set of recommendations. 


Fall 2022 By-Permission Only Courses

Experiential Learning

CPRL Education Practicum (12-credit opportunity)
CONS-GB.3012
Faculty: TBD
Day/Time: TBD

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 email experiential@stern.nyu.edu. If you have any questions about the course or would like to be connected to current students or alumni, please send your request to experiential@stern.nyu.edu.

NYU Impact Investment Fund (NIIF)  (3 credits, 1.5 credits per semester) 
Independent Study
Prof. Scott Taitel
Year long, Wednesdays 12:00-1:20pm
To apply, visit the Experiential Education website

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

Board Fellows (3 credits, 1.5 credits per semester)
Independent Study
Prof. Nicole Sebastian
Year long, Fall 2022 to Spring 2023, *Meeting time varies*
To apply, visit the Experiential Education website

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

Stern Signature Projects (3 Credits)
Independent Study
Faculty: TBD
Day/Time: Tuesdays, 6:00-9:00pm
To apply, visit the Experiential Education website

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.


Finance

Managing Investment Funds 
FINC-GB.3320 (3 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, part of the overall NYU endowment, 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. Based on the February 2021 Annual Report, MPSIF had assets under management of $2.9 million, excluding more than $1.88 million in mandated distributions since its inception to the Price School. Since March 2000, MPSIF has earned a cumulative return (after trading costs) of 284.2%, or 6.8% 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.


Management/Experiential Learning

Endless Frontiers
MGMT-GB.3339 (3 Credits x 2 semesters)
Prof. Deepak Hegde
Thursdays, 9:00am-11:50am
To apply, see here.

The Endless Frontiers course is a capstone course in entrepreneurship.  It will introduce you to the challenges of building, financing, and scaling science and technology based startups.  You will learn about these challenges by interacting with founders of startups admitted to the Endless Frontier Labs (EFL) program, as well as business leaders and elite investors who mentor the startups admitted to the program.  In the four years since its founding, the EFL has established itself as one of the most impactful programs in the world for science- and tech-based startups. Since 2019, 64 seed-stage program graduates have raised over $900 Million in funding. EFL program graduates include Immunai (Life Sciences, 19-20 Cohort),  C2i Genomics (Life Sciences, 19-20 Cohort), PhagoMed (Life Sciences, 20-21 Cohort), Databento (Deep Tech, 20-21 Cohort), Jetpack Aviation (Deep Tech, 20-21 Cohort), Kintsugi (Deep Tech, 20-21 Cohort), and Shiru (Deep Tech, 20-21 Cohort), among others. By interacting with the founders of such companies, you will develop a deep appreciation for how cutting-edge scientific ideas are commercialized and disrupt markets.   
  
This unique nine-month course is a “big picture” course.  The emphasis of the course is not on understanding conceptually difficult material, but on applying simple ideas systematically to resolve the tremendous uncertainty faced by early-stage startups attempting to disrupt existing markets and industries. Accordingly, classroom discussions will focus on applying basic analytical tools, drawn from strategy, economics, and finance to develop business models, evaluate the size of markets, assess  financing options of early-stage ventures, and the risks and potential of ideas. 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.

Leadership Fellows
INTA-GB.3130 (1.5 credits x 2 semesters)
Fridays, 10:00am-4:00pm

Becoming a better leader is not a passive process. As such, the overarching pedagogical philosophy in Leadership Fellows is that students become more self-aware and fully integrated leaders through a continuous cycle of challenging high-engagement experiences coupled with skillful and deep reflection. Students will practice working through difficult leadership scenarios – sometimes as a group and other times with professional role players – and be given the opportunity to reflect on their behavior. Students will also repeatedly practice giving and receiving constructive feedback with their cohort members. If you have any inquiries about the course, please direct your inquiries to kk4843@stern.nyu.edu.


Operations Management

OPS in Entertainment: Las Vegas
OPMG-GB.2313 (3 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.