Course Announcements


Fall 2021 Course Announcements

Finance

Economic and Financial Approach to Climate Change
FINC-GB.2347 (3.0 Credits) [previously offered in a 1.5 credit version]
Prof. Johannes Stroebel
Wednesdays, 6:00-9:00pm
Specializations: Finance, Sustainable Business & Innovation, Real Estate

Climate change presents one of the central challenges of our generation, with a wide range of possible effects on financial markets and the broader economy. This class: (i) Thinks about the effect of climate change on the overall economy; (ii) Studies the risks and opportunities that climate change holds for firms and financial institutions (distinguishing between a variety of types of risk, including transition risk and regulatory risk); (iii) Discusses how financial markets can help transfer and hedge climate risk; (iv) Explores the economic and financial foundations of potential climate regulation; (v) Analyzes how climate risk interacts with other risks, such as the risk of future pandemics.

Chinese Financial Markets
FINC-GB.2386 (3.0 Credits)
Prof. Matt Richardson
Tuesdays, 6:00-9:00pm
Specializations: Finance; Global Business

This course introduces the institutions, instruments, and empirical regularities of Chinese financial markets and the role these markets play in the broader Chinese economy. The goal of the course is to provide students with a comprehensive understanding of Chinese financial markets. It focuses on current issues and debates about Chinese financial markets, including the Chinese banking system, RMB exchange rates, Chinese stock markets and bond markets, mutual fund and hedge fund industry, Chinese derivative markets and other important topics. The similarities and differences between Chinese financial markets and more developed markets will be highlighted.


Marketing

Digitalization and Society
MKTG-GB.2133 (1.5 Credits)
Prof. Ken Krushel
Wednesdays, 6:00-9:00pm (2nd Half)
Specializations: Marketing, Entertainment, Media & Technology, Digital Marketing, Strategy

The course studies digitalization - or what is aptly described as an economic and industrial revolution - and the long-term societal impact driven by AI-related technology and entrepreneurship. We will examine how digitalization influences practically every industry and segment of society, unraveling conventional business and economic logic, resulting in broken (even if previously effective) business models and societal dislocation. Using case studies involving, for example, the entertainment and media industries, IoT, Machine Learning applications, and Natural Language Processing, we will navigate not only an assessment of abstraction, but practical specifics. The course explores how a digitally interconnected world introduces advantages and efficiencies providing welcomed benefits, and whether these benefits deliver trade-offs, such as the commodification (and exploitation) of personal data giving rise to information oligopolies, socio-economic barriers, and fervent disagreement on the role of digital technology. We will assess the role of government regulation within this dynamic.  Our course of study will not transform you into a technology specialist. Instead, the course aims to construct a working understanding of the possibilities created by digitalization’s influence on tomorrow’s markets, organizations and society.


Fall 2021 By-Permission Only Courses

Experiential Learning

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 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.

Stern Signature Projects 
Independent Study (3.0 credits)
Faculty: TBD
Day/Time: TBD
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.


Finance

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.


Management/Experiential Learning

Endless Frontiers
MGMT-GB.3339 (3.0 Credits)
Prof. Deepak Hedge
Thursdays, 9:00-11:50am
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.


Operations Management

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.


Spring 2022 Course Announcements

Accounting

Taxes and Business Strategy
ACCT-GB 2115 (1.5 Credits)
Prof. Dan Gode
Tuesdays, 6:00-9:00pm (1st Half)
Specializations: Accounting, Corporate Finance

The course details are at http://www.dangode.com/taxes/index.htm. This course explains how taxes affect mergers, acquisitions, divestitures, valuation, capital structure, employee compensation, foreign operations, alternative investment vehicles, and deferred taxes, including net operating losses. The course also covers the key provisions of the 2017 Tax Cuts and Jobs Act. The course is highly relevant to those pursuing careers in investment banking, corporate finance, research, private and public equity, and corporate tax law.


Finance

Financial Analysis in Healthcare
FINC-GB 3155 (1.5 Credits)
Prof. Roderick Wong
Tuesdays, 6:00pm-9:00pm (2nd half)
Specializations: Finance, Healthcare, Quantitative Finance, Financial Instruments & Markets

PLEASE NOTE: This course is the same as Topics in Investments FINC-GB 3176 Finance Analysis Healthcare. You should not take this class if you have already taken this topic.

The course is taught by a mixture of lecture, discussion, and case method. The course is led by Dr. Wong, alongside members of his investment team, as well as guest speakers. Students will be taught a framework for critically evaluating and valuing healthcare businesses, with a focus upon drug/biotech and medtech companies. The course will seek to sensitize students to common risks/pitfalls in life science investing. Issues that may impact the industry in the future will also be highlighted. Students should be aware that there will be some limited reading of scientific literature for the class.


Technology

Healthcare Transformation, Data Analytics, and Emerging Technologies
TECH-GB 3145 (1.5 Credits)
Prof. Snehi Kapur
Tuesdays, 6:00pm-9:00pm (2nd half)
Specializations: Healthcare

This course analyzes the management and operations aspect of the US healthcare industry and how recent events and public policy changes have led to healthcare transformation and growing needs for technology. The goal is to provide an understanding of the use of data analytics and role of AI in present day medicine. Highlights of the most recent challenges and advancements in US healthcare including healthcare digitization, use of modern technology such as telemedicine and newer care delivery models are discussed. A practical approach to using AI tools to create a framework for solving healthcare problems is discussed. This course also provides students with an overview of how the recent changes in healthcare have boosted entrepreneurship while also creating challenges such as interoperability, adoption of new technology, and ethical use of data.


Spring 2022 By-Permission Only Courses

Experiential Learning

CPRL Education Practicum
CONS-GB.3012
Faculty: TBD
Day/Time: TBD
Please email experiential@stern.nyu.edu if you are interested in applying

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 practicum and seminar in the theory and methods of managing, governing, and transforming public- and social-sector organizations in K-12 education. *This course takes place at Columbia University*

FinTech Experiential Learning 
INTA-GB.2313.20 (3.0 credits)
Prof. Kathleen Derose
Tuesdays and Thursdays, 3:00-4:20pm
To apply, visit Office of Student Engagement

This inter-departmental course provides hands-on experience in the emerging Fintech discipline. It is intended to immerse students in a semester-long project evaluating fintech innovation projects at a major global bank. The projects will enable the partner bank to develop a deep understanding of the financial services customer of the future, and the products and services the financial institution will need to deliver. Fintech refers to financial sector innovations involving technology-enabled business models that can facilitate disintermediation, revolutionize how existing firms create and deliver products and services, address privacy, and regulatory challenges, provide new gateways for entrepreneurship, and see opportunities for inclusive growth.

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

NYU’s research continually drives innovation for the global challenges of tomorrow. Stern Signature Projects (SSPs) pair student teams with research centers to address some of the most pressing issues of the 21st century. Structured as semester-long academic independent studies, these opportunities allow students to customize their MBA experience by driving thought leadership across an array of global and interdisciplinary questions. Each semester’s unique projects take place domestically and globally.

Communication for Consultants
MCOM-GB.3311.30 (3.0 Credits)
Prof. Brian Hanssen
Wednesdays, 6:00-9:00pm

Clients expect the consultant to listen well to their perceived needs, engage collaboratively with their staff and ultimately communicate their insights in a manner that leads to some form of change. In this experiential learning offering, students will take on client engagements. Each project will be based in NYC and have an impact on the City. The assignments will require participation from the initial client meeting, through data collection and finally presenting to the client. While the course experience will entail considerable field work, students will be supported by class work that focuses on the communication tools in a typical consulting contract.

Consulting Practice - two sections
MGMT-GB.3306.30 (3.0 Credits)
Faculty TBD
Mondays, 6:00-9:00pm
To apply, visit Office of Student Engagement
 
MGMT-GB.3306.31 (3.0 Credits)
Faculty TBD
Mondays, 6:00-9:00pm
To apply, visit Office of Student Engagement

In the business world, consultants help analyze and solve organizations’ most challenging problems. Consultants tackle these challenges by applying a structured approach to their analyses; this in turn allows for successful problem-solving across industries. Through the Stern Consulting Corps (SCC), students learn these skills in a hands-on, for-credit course with blue chip brands as the project partners. In SCC, teams of MBA students create lasting, business-driven impact with our partners by crafting actionable business plans and targeting opportunities for growth.

Consulting Lab: Branding + Innovation
MKTG-GB.2368.30 (3.0 Credits)
Prof. Fran Gormley
Wednesdays, 6:00-9:00pm

Consulting Lab: Branding and Innovation is an experiential course designed for MBA students seeking real world brand consulting experience. Students work in teams to solve critical global branding challenges facing partner organizations. Students will learn global branding frameworks and concepts as well as valuable consulting skills, including managing complex projects, enhancing team dynamics, building client relationships, and optimizing presentation skills. Each team (5-6 students) presents their own unique and innovative marketing strategy for the same client.

Tech and the City
TECH-GB.2345.20 (3.0 Credits)
Prof. Arun Sundararajan and Prof. Albert Wenger
Tuesdays and Thursdays, 1:30-2:50pm
To apply, visit Office of Student Engagement

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. Weekly critical reflection activities that include structured discussions, journal writing and in-class peer presentations coupled with guest sessions from industry experts allow students to deepen their understanding of both their own company as well as the other participating startups.


Finance

Managing Investment Funds 
FINC-GB.3320 (3.0 Credits)
Prof. Anthony Marciano
Tuesdays and Thursdays, 11:00-12:20pm
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 (including an ESG fund) - 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. As of Feb. 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.


Marketing

Commerce & Craft of Cinema: Cannes Film Festival
MKTG-GB.2313 (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 Management

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

This advanced elective will be a three (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 extensive real estate projects and major tourism improvements. The specific topics that will be studied include: * The Panama Canal and its effect on the global shipping supply chain, * History of the building 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.