Business and Finance

To advance in today’s global business environment, one must develop an exceptionally broad array of intellectual skills. The modern business environment demands the ability to analyze problems rigorously, to develop innovative and creative solutions, and to work effectively within the context of an organization. That in turn demands an understanding of the customers, the cultural and scientific contexts in which businesses operate, alongside an understanding of the techniques by which firms succeed in a competitive economy.

A successful business combines labor and capital to produce a good or service at a price and quality that customers want to purchase. In a complex business, different individuals often take responsibility for different aspects of that endeavor, such as operations management, marketing and sales, information systems management, and financial management. An effective business education should provide students with an overview of all these fields, together with an opportunity to explore some areas in greater depth.

The business program at NYU Shanghai is designed to provide students with comprehensive preparation for the modern globalized business world. It builds upon the liberal education designed into the NYU Shanghai core curriculum. Before entering the major, students will have developed an essential set of skills in mathematics, critical thinking, and oral and written communication. They will also have acquired a familiarity with the general cultural and scientific contexts in which businesses operate. Within the major, students obtain:

  • a deeper understanding of the modern global business environment and its economic structure;
  • disciplinary skills in economics and statistics;
  • a focused introduction to accounting, finance, marketing, operations, and organizational management.

The Business & Finance major helps students develop knowledge and skills in corporate finance, investments management, securities trading, financial markets, and more.


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Degree Requirements - 2019-20 Bulletin

* = offered in Spring '20 in Shanghai

BUSINESS CORE
BUSF-SHU 101 Statistics for Business and Economics*  
BUSF-SHU 202 Foundations of Finance* Pre-reqs: Statistics for Business and Economics; Microeconomics
BUSF-SHU 250 Principles of Financial Accounting* Pre-req: Not open to 1st-year Student
ECON-SHU 3 Microeconomics* Pre-req: Calculus or Honors Calculus or placement
ECON-SHU 251 Economics of Global Business Pre-req: Microeconomics
FINANCE CORE
BUSF-SHU 303 Corporate Finance* Pre-req: Foundations of Finance
BUSINESS ELECTIVES - Choose Two
BUSF-SHU 142 Information Technology in Business and Society* Pre-req: Bus Major Priority
BUSF-SHU 210 Business Analytics* Pre-req: Bus Major priority; A prior Statistics Course (BUSF-SHU 101)
BUSF-SHU 351 Operations Management Pre-req: not open to freshmen
MGMT-SHU 301 Management and Organizations* Pre-req: Bus Major priority; no 1st-year students
MKTG-SHU 1  Introduction to Marketing* Pre-req: Not open to 1st-year students
FINANCE ELECTIVES - Choose Two
Note: Any 4-credit Finance elective course offered at NYU Shanghai (such as those listed below) or any 3-credit Finance elective course offered by Stern Finance Department can counted as a Finance elective. Taking two 2-credit Finance courses will be counted as meeting the requirement of one Finance elective.
BUSF-SHU 222 Risk Management in Financial Institutions* Pre-req: Foundations of Finance
BUSF-SHU 229 Behavioral Finance* Pre-req: Corporate Finance
BUSF-SHU 244 Portfolio Management* Pre-req: Foundations of Finance (BUSF-SHU 202)
BUSF-SHU 321 Equity Valuation* Pre-req: Foundations of Finance and Corporate Finance
BUSF-SHU 334 Advanced Futures and Options* Pre-req: Foundations of Finance
MATH-SHU 250 Mathematics of Finance* Pre-req: C or better in The Math of Stats and DS I (MATH-SHU 234)
NON-FINANCE ELECTIVES - Choose Two from the Following Areas
Management
MGMT-SHU 18 Strategic Analysis* Pre-req: Bus major priority; no freshmen
MGMT-SHU TBD Global Strategy* Pre-req: Sophomore Standing; Management & Organizations (MGMT-UB 1) and Economics of Global Business (ECON-UB 11)
MGMT-SHU TBD Topics in Business: Senior Thesis on Company Analysis and Case Study* Pre-req: Senior Standing
Marketing
MKTG-SHU 2 Consumer Behavior* Pre-req: Intro to Marketing (MKTG-SHU 1)
MKTG-SHU 3 Advertising Management* Pre-req: Bus major priority; Principles of Marketing (or Instructor Permission)
MKTG-SHU 9 Research for Customer Insights* Pre-req: Intro to Marketing (MKTG-SHU 1)
MKTG-SHU 57 Digital Marketing* Pre-req: Bus major priority; Principles of Marketing (or Instructor Permission)
MKTG-SHU 64 Global Marketing Strategy* Pre-req: Intro to Marketing (MKTG-SHU 1)
MKTG-SHU 110 Practicum on Innovation and Branding*  
Others
ECON-SHU 453 Business and Economics Honors Seminar* Pre-req: Senior standing; Fall Bus Honors admit only
BUSF-SHU 206 Inveseting in and with China  
BUSF-SHU 221 Professional Responsibility and Leadership*  
BUSF-SHU 225 Negotiation and Consensus Building*  
BUSF-SHU 270 Financial Reporting & Disclosure* Pre-req: Principles of Financial Accounting
BUSF-SHU 271 Artificial Intelligence for Business* Pre-req: Introduction to Computer Programming (Python) and Calculus Proficient test; no freshmen
BUSF-SHU 309 Financial Statement Analysis*  
BUSF-SHU 350 Managerial Accounting* Pre-req: Bus major priority; Principles of Fin Accounting (BUSF-SHU 250)
BUSF-SHU TBD Managing People and Teams at Work* Pre-req: Management and Organizations
SHBI-GB 7312 Data Science for Social and Information Networks* Pre-req: Introduction to Computer Programming (Python) and Calculus
CCST-SHU 132 Creativity Considered*  
IMBX-SHU 101T Life Design*  
IMBX-SHU 102T Global Experience Design*  
IMBX-SHU 103T Understanding Financial Technology*  
IMBX-SHU 211 Design Thinking*  
IMBX-SHU 232 Entrepreneurship Explored*  
SOCS-SHU 241 Cultures of Business and Work*  
CHINA BUSINESS STUDIES COURSE - Choose One
ECON-SHU 453 Business and Economics Honors Program Pre-req: Senior Standing; Fall Bus Honors admit only
 

BUSF-SHU 188

CHIN-SHU 429

China Business and Finance -- A Bilingual Introduction*  
BUSF-SHU 200B Real Business Case Projects* Pre-req: Now open to all Juniors and Seniors
BUSF-SHU 200D Business Consulting in China* Pre-req: Senior Standing; Management and Organizations and/or Intro to Marketing
BUSF-SHU 206 Investing in and with China  
BUSF-SHU 288 Doing Business with China* Pre-req: Bus majors; Senior  or Juniors standing
OPTIONAL: "Business Analytics Track"
BUSF-SHU 210 Business Analytics Can be double-counted as a Business Core Elective.
BUSF-SHU 142 Information Technology in Business and Society Can be double-counted as a Business Core Elective
One Operations/Information System/Analytics course (e.g. Operations Management)  
OPTIONAL: “Marketing Track”
MKTG-SHU 1 (9001)/BUSF-SHU 302 Introduction to Marketing Can be double-counted as a Business Core Elective.
Two Marketing Elective Courses See list here.
 
Recommended Fall 2019 Courses

Recommended Courses in Spring 2020 for Freshmen

  • Writing as Inquiry
  • Microeconomics
  • Statistics for Business and Economics
  • English, Chinese, Core or General Elective

 

Recommended courses in Spring 2020 for Sophomores

  • Core Class
  • Economics of Global Business
  • Corporate Finance
  • Core, General Elective, or Chinese
Faculty Mentor

Prof. Raymond Ro Email: raymond.ro@nyu.edu | Profile

Minor in Business
Required Courses
BUSF-SHU 101 Statistics for Business and Economics
BUSF-SHU 250 Principles of Financial Accounting
ECON-SHU 3 Microeconomics
ECON-SHU 251 Economics of Global Business (Students can take Intro to Macro and Intermediate Macro to substitute EGB)
MATH-SHU 121 Calculus
Choose One Elective Course (Please note that the business minor elective list below is complete, no courses outside of the list will be approved.)
BUSF-SHU 142 Information Technology in Business and Society
BUSF-SHU 202 Foundations of Finance
BUSF-SHU 210 Business Analytics
BUSF-SHU 303 Corporate Finance
BUSF-SHU 351 Competitive Advantage from Operations
MGMT-SHU 301 Management and Organizations
MKTG-SHU 1 Introduction to Marketing
Economics majors must complete two of the additional courses listed below to complete the minor within the double counting limits.
BUSF-SHU 142 Information Technology in Business and Society
BUSF-SHU 202 Foundations of Finance
BUSF-SHU 210 Business Analytics
BUSF-SHU 351 Competitive Advantage from Operations
MGMT-SHU 301 Management and Organizations
MKTG-SHU 1 Introduction to Marketing