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.

Degree Requirements - 2018-19 Bulletin

* = offered in Fall '19 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 freshmen
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; not open to Freshmen
BUSF-SHU 210 Business Analytics Pre-req: Bus Major priority; A prior Statistics Course (BUSF-SHU 101)
BUSF-SHU 351 Operations Management Pre-req: Sophomore standing
MGMT-SHU 301 Management and Organizations*  
MKTG-SHU 1  Introduction to Marketing* Pre-req: Not open to freshmen
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 220F Debt Instruments* Pre-req: Foundations of Finance; Co-req: BUSF-SHU 200F
BUSF-SHU 200F Fixed Income Derivatives* Pre-req: Foundations of Finance; Co-req: BUSF-SHU 220F
BUSF-SHU 229 Behavioral Finance* Pre-req: Corporate Finance
BUSF-SHU 286 Chinese Financial Markets* Pre-req: Foundations of Finance or Principles of Finance
BUSF-SHU 304 Futures and Options* Pre-req: Foundations of Finance
BUSF-SHU 308 Hedge Fund Strategies* Pre-req: Corporate Finance
BUSF-SHU 321 Equity Valuation* Pre-req: Corporate Finance; Junior standing
NON-FINANCE ELECTIVES - Choose Two from the Following Areas
Accounting
BUSF-SHU 309 Financial Statement Analysis* Pre-req: Principles of Financial Accounting
Operations
Information System
BUSF-SHU 271 Artificial Intelligence for Business* Pre-req: Calculus; Intro to Computer Programming
Management
MGMT-SHU 18 Strategic Analysis* Pre-req: Bus major priority; no freshmen
Marketing
MKTG-SHU 3 Advertising Management* Pre-req: Intro to Marketing
MKTG-SHU 9 Research for Customer Insights* Pre-req: Intro to Marketing
MKTG-SHU 57 Digital Marketing*  
MKTG-SHU 200 Strategic Marketing in China: Live Project and Case Studies* Pre-req: Intro to Marketing; Junior/Senior standing
MKTG-SHU 229 Luxury and Luxury Marketing* Pre-req: must be at least sophomore level
Others
BUSF-SHU 3 Business Honors Seminar* Pre-req: Senior standing; must be selected by business program
BUSF-SHU 200D Business Consulting in China* Pre-req: Management and Organizations and/or Intro to Marketing, or upon approval by the instructor; Junior/Senior standing
BUSF-SHU 211 Design Thinking*  
BUSF-SHU 225.1 Negotiation and Consensus Building: Theoretic Foundations* This can be taken stand-alone
BUSF-SHU 225.2 Negotiation and Consensus Building: Cases and Practices* Co-req: BUSF-SHU 225.1
BUSF-SHU 232 Entrepreneurship Explored*  
BUSF-SHU 288 Doing Business in China* Pre-req: Bus majors; Senior standing
BUSF-SHU 311 New Venture Strategy* Pre-req: must be at least sophomore level
BUSF-SHU 997 Business Independent Study* Pre-req: Permission of the Academic Discipline; see Albert for details
CHINA BUSINESS STUDIES COURSE - Choose One
BUSF-SHU 200D Business Consulting in China* Pre-req: Management and Organizations and/or Intro to Marketing, or upon approval by the instructor; requires Junior/Senior Standing
BUSF-SHU 288 Doing Business in China* Pre-req: Bus majors; Senior standing
BUSF-SHU 286 Chinese Financial Markets* Pre-req: Foundations of Finance
BUSF-SHU 312 International Trade and Business*  
MKTG-SHU 200 Strategic Marketing in China: Live Project and Case Studies* Pre-req: Intro to Marketing; Junior/Senior 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 Fall 2019 for Freshmen

  • PoH
  • Principles of Financial Accounting
  • Foundations of Finance
  • Core, General Elective, or Chinese

Recommended courses in Fall 2019 for Sophomores

  • Core class or General Elective
  • Business Core Elective
  • Finance Elective or Non-Finance Elective
  • Core class or General Elective
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