Course Announcements


Spring 2019 Course Announcements

Accounting

Financial Statement Analysis Using Python
ACCT-GB.3328 (3.0 Credits)
Prof. Dhananjay Gode
Sundays (2/17-4/28), 1:00-5:00pm
Specializations: Accounting; Business Analytics; Financial Systems & Analytics

Students who expect to write code to manipulate or analyze financial data will benefit from this course. This course does not assume any background in programming. It teaches the necessary Python and SQL skills. The course presumes that students have taken the core courses in Financial Accounting and Statistics. Students will learn how to code in Python to process accounting and financial markets data based on financial analysis and statistical concepts. This course is not suitable for those who want a managerial overview of data analytics techniques without the hands-on coding. The course has three main learning objectives using Python: (1) Structured thinking - How to think about analytical tasks in an organized and structured manner so that they can be automated using Python and using design concepts such as DRY (Don’t repeat yourself) and Single Source of Truth (SSOT). (2) Automating financial statement analysis tasks - Interacting with financial statement data stored in XBRL, classifying and summarizing datasets that are inconvenient to handle via Excel, automating creation and retrieval of Excel data and visualizing financial data. (3) Financial data analytics - Identifying peer groups for comparing multiples, forecasting sales and earnings, identifying abnormal accruals and divergence of earnings and cash flows, predicting credit rating changes and defaults and identifying LBO and acquisition targets.


Information, Operations, and Management Sciences

R Programming for Data
INFO-GB.2134 (1.5 Credits)
Prof. Kristen Sosulski
Tuesdays, 10:30-11:50am (This course requires an additional 80 minutes of online work (at your own pace) each week.)

In this course, students will learn how to program in R and how to use R for effective data analysis and visualization. The course begins with developing a basic understanding of the R working environment. Students will then be introduced to the necessary arithmetic and logical operators, salient functions for manipulating data, and getting help using R. Next, the common data structures, variables, and data types used in R will be demonstrated and applied. Students will write R scripts and build R markdown documents to share their code others. They will utilize the various packages available in R for visualization, reporting, data manipulation, and statistical analysis. Students will learn how to create control structures, such as loops and conditional statements to traverse, sort, merge, and evaluate data. Finally, students will create interactive business applications that allow for data querying and data exploration. This course is designed for those who have no experience in R or programming. This class will introduce students to 1) A new way of thinking 2) A new language for speaking and reading (vectors, data frames, functions, objects, etc. and 3) a new syntax for writing , e.g. c(), print(), cat(), sort(), require(), subset() for data analysis and presentation.


Managing a High Tech Company: The CEO perspective
INFO-GB.2332 (3.0 Credits)
Prof. Jihoon Rim
Tuesdays & Thursdays, 9:00-10:20am

We are living in an era where ‘technology’ companies are totally changing our lifestyle and it is obvious that artificial intelligence will push this trend further. Each and every industry will be disrupted by technology so understanding this mass transformation is crucial. Students will study how ‘management’ is executed in high tech companies and examine the differences from managing a traditional company. This course will cover mega trends in the technology sector and will study a number of real word business cases. Examples of topics in this course include: (1) How to manage innovation (2) Critical success factors in tech companies (3) Technology’s role in platform business (two sided business, content platform business) (4) Culture & Talent management in tech industry (5) Tech M&As. On top of U.S tech companies, Asian tech companies will also be discussed due to their advanced implementation of technology (such as Baidu, Tencent, Alibaba in China and Kakao, Naver in South Korea) Also, the lecturer will share his experience as CEO of Kakao a technology company that services Kakao Talk, a mobile messenger that has 95%+ market share and is valued at around $10B in South Korea.


Practical Big Data
INFO-GB.3333 (3.0 Credits)
Prof. Miguel Noguer Alonso
Mondays, 6:00-9:00pm
Specializations: Business Analytics; FinTech; Financial Systems & Analytics; Management of Technology

The financial services industry has widely adopted big data analytics to inform better investment decisions with consistent returns. In conjunction with big data, algorithmic trading uses vast historical data with complex mathematical models to maximize portfolio returns. The continued adoption of big data will inevitably transform the landscape of financial services. However, along with its apparent benefits, significant challenges remain in regards to big data’s ability to capture the mounting volume of data. Along with vast historical data, banking and capital markets need to actively manage ticker data. Likewise, investment banks and asset management firms use voluminous data to make sound investment decisions. The course will explore data engineering aspects such as big data technologies and databases. We will cover data cleaning and preprocessing; two key elements in the big data projects success. We will then explore modeling aspects focusing on applications of the latest machine learning, econometrics and artificial intelligence technologies. We will invite guest lecturers to discuss big data applications in different industries like finance, gaming, e-commerce, retail, etc. Students need basic Python (or R) knowledge. They will develop more coding skills during the course.


Interarea

Disruption, Entrepreneurship & Social Impact
INTA-GB.2122 (1.5 credits)
Prof. Raphael Carty
Mondays, 6:00pm-9:00pm
Specializations: TBD

Disruptive technologies have massive impacts on society and create enormous business opportunities, especially for entrepreneurs. This course examines this phenomenon through 5 technologies causing global disruption: AI/Machine Learning & Robotics, Human Genome & Gene Editing, Blockchain & Cryptocurrencies, IoT, Virtual Reality & Augmented Reality, Autonomous Vehicles. We will also examine a cluster of technologies that comprise the Smart Cities phenomenon transforming cities globally to increase sustainability, efficiency and access to services. For each of the technologies we will examine how the technology is changing the world, what are the business & entrepreneurial opportunities created and what are the societal issues that will have to be addressed as the technology dissemination occurs. We will hear from class speakers each week including startups, large companies, investors and academics. Lectures and pre-readings will enable us to survey the field quickly and ensure a common understanding of the technology and its implications. We will have in-class exercises on how to perform technology assessment. Students will complete a final project assessing a disruptive technology instead of an exam.


Spring 2019 By-Permission Only Courses

Experiential Learning

CPRL Education Practicum
CONS-GB.3012.20

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. 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.

Tech and the City
INFO-GB.2345 (3.0 Credits)
Prof. Arun Sundararajan
Tuesdays and Thursdays, 1:30-2:50pm
To apply, visit the Office of Student Engagement website

Have you ever wondered what it's like to run a high-tech startup? This course provides students with immersive experiential learning about digital entrepreneurship through the lens of successful early-stage technology companies. Student teams are embedded into different New York City-based startups from the investment portfolios of Union Square Ventures and other tech-focused venture capital firms. Students work with founders and investors to understand business models, assess metrics and their connection to growth and funding, and lead a customer-centric assessment of the company's products. Activities include structured discussions, journal writing, in-class peer presentations coupled with guest sessions from industry experts. They emerge from the course with an experience-based appreciation of the transformative potential of digital technologies, of the tech entrepreneurship environment of NYC, and the risks faced by high-tech startups that underinvest in understanding their customers.

Consulting Practice - two sections
MGMT-GB.3306.30 (3.0 Credits)
Prof. Monica Stallings
Mondays, 6:00-9:00pm
To apply, visit the Office of Student Engagement

MGMT-GB.3306.31 (3.0 Credits)
Prof. Sonia Marciano
Wednesdays, 6:00-9:00pm
To apply, visit the Office of Student Engagement

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.

Stern Signature Projects
INTA-GB.XXXX (1.5 - 3.0 Credits)
Faculty: TBD
Day/Time: TBD
To apply, visit the Office of Student Engagement

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.

Commercialization of Frontier Technologies
MGMT-GB.2321.20 (3.0 Credits)
Prof. Ari Ginsberg
Tuesdays, 3:00-5:50pm
To apply, visit the Office of Student Engagement

Developing a solid understanding of frontier technologies that are poised to revolutionize all aspects of human affairs, including future business, is becoming increasingly important for students seeking to pursue a leadership role in the world of commerce. At the top of the list of such technologies are robotics and mechatronics, which integrate mechanical, electrical, electronics, and computing technologies, as well as software engineering and machine learning, in the design, development, and control of diverse systems used in a range of industries. Students do not need to have a background in robotics or mechatronics because the course is designed to help students familiarize themselves with the technical aspects of developing mechatronics and robotics inventions and the research and assessment activities that need to be conducted to turn a viable new technology into a marketable product. The course will be divided into two learning modules - The first module: A structured process for assessing the commercial viability of a new technology through short lectures and discussion. It will also provide students with the opportunity to conduct real-world analysis of the commercialization potential of a new robotic technology invention developed at NYU’s Tandon School of Engineering. The second module: Through lectures and concrete experiences with devices being developed in the Mechatronics, Controls, and Robotics Lab (MCRL) at Tandon School of Engineering, students will learn about the fundamentals, hardware, software, and applied elements of mechatronics and robotics.


Finance

Managing Investment Funds
FINC-GB.3320.20 (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 (which now includes ESG) is divided into the following equity funds - Growth, Value and Fixed Income. While each fund has its own performance benchmark, MPSIF's goal is to deliver positive returns that exceed the rate of inflation. As of Feb. 2018, 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.


Marketing

Commerce & Craft of Cinema: Cannes Film Festival
MKTG-GB.2313.D1 (3.0 Credits)
Prof. Alvin Lieberman
Trip and Pre-/Post-trip meetings (see syllabus)
See syllabus for application

This is a specialized EMT course designed to provide students with a framework for understanding the dynamics of the film industry including the complete process from crafting the idea for a film script, hiring or becoming a producer, financing the project, selling it to a studio or independent production company, building a team, production elements, post production including music acquisition, marketing, distribution and exhibition, international, and domestic. The course includes learning about distribution and exhibition, marketing and building audience awareness, research applications, international licensing, and preparation for career in the industry. It is offered during spring break and involves a trip to the west coast. In addition to tuition, students have to pay travel and living expenses.


Operations

Operations in Panama: A Man, A Plan, A Canal: Panama
OPMG-GB.2312.D1 (3.0 Credits)
Prof. Harry G. Chernoff & Prof. Kristen Sosulski
Trip and Pre-/Post-trip meetings (see syllabus)
See syllabus for application

This advanced elective will be a 3-credit course studying the major businesses operating in Panama. During a one-week visit, students will observe and study the intricacies of the Panama Canal from an operations management point of view. Process techniques and strategies abound within this fascinating operation. Although the canal is certainly the country's major attraction, financial revenues from the canal have allowed Panama to emphasize other developments including real estate projects and major tourism improvements. Specific topics studied will include: the Panama Canal and its effect on the global shipping supply chain, history of the canal and independence of Panama, modern banking and real estate development, economic growth in the tourism industry, urban development and infrastructure of major cities. All of the classes, tours, speaker sessions and group meetings must be attended by students for course credit. No exceptions. The course will be limited in enrollment. Details will be announced.


Summer 2019 Course Announcements

Marketing

Storytelling in Business
MKTG-GB.2167 (1.5 Credits)
Prof. Roni Shachar
Wednesdays (7/10-8/14), 6:00-9:00pm
Specializations: Marketing

Managers, leaders, and entrepreneurs have always used stories to improve their communication with employees, investors, clients, consumers, journalists, and regulators. However, in recent years the role of storytelling in businesses has become even more critical. In a sense, today it is one of the most important tools at the disposal of managers, leaders, and entrepreneurs. In this course we will understand (1) what a story is, (2) how it works, and (3) how to use it. We will illustrate how stories can be used to communicate and convince, how they create meaning and motivation among employees, how they build organizational culture, how they design brand identity, how they attract investors, and how they help each of us develop and advance our career. The course is suitable for a wide audience as reflected by its main takeaways. It aims to improve participants’ ability to build strong brands, and attract consumers and strengthen their loyalty. It also has some non-marketing benefits including drawing investors, communicating and persuading effectively, stimulating employees’ motivation and commitment, and shifting organizational culture in the desired direction.