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 - 2017-18 Bulletin

* = offered in Fall '18 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
ECON-SHU 251 Economics of Global Business Pre-req: Microeconomics
FINANCE CORE
BUSF-SHU 303 Corporate Finance* Pre-req: Foundations of Finance
BUSINESS CORE ELECTIVES - Choose Two
BUSF-SHU 142 (205) Information Technology in Business and Society*  
BUSF-SHU 210 Business Analytics Pre-req: Business Major priority; A prior Statistics Course (BUSF-SHU 101)
BUSF-SHU 351 Competitive Advantage from Operations Pre-req: Business major priority; no freshmen
MKTG-SHU 1-001 Introduction to Marketing* Pre-req: Not open to freshmen
MGMT-SHU 301  Management and Organizations* Pre-req: Business major priority; no freshmen
FINANCE ELECTIVES - Choose Two
Note: Any 4-credit Finance elective course offered at NYU Shanghai or any 3-credit Finance elective course offered by the Stern Finance Department can count as a Finance elective. Taking two 2-credit Finance courses will be counted as meeting the requirement of one Finance elective.
BUSF-SHU 222A Risk Management in Financial instructions: Market Risk* Pre-req: Foundations of Finance
BUSF-SHU 222B Risk Management in Financial Instructions: Credit Risk* Pre-req: Foundations of Finance
BUSF-SHU 229 Behavioral Finance* Pre-req: Corporate Finance
BUSF-SHU 304 Futures and Options* Pre-req: Foundations of Finance
BUSF-SHU 308 Hedge Fund Strategies* Pre-req: Corporate Finance
NON-FINANCE ELECTIVES - Choose Two from the Following Areas
Accounting
Operations
Information System
BUSF-SHU 200E Topics in Business: Network Analytics* Pre-req: Introduction to Computer Programming; Calculus; and Statistics
Management
BUSF-SHU 225  Negotiation and Consensus Building*  
BUSF-SHU 232 Entrepreneurship Explored*  
SOIM-SHU 65 Organizational Communication & Its Social Context* Pre-req: Business major priority; no freshmen
BUSF-SHU 220J Ethical Decision Making & Leadership*  
Marketing
MKTG-SHU 2 Consumer Behavior* Pre-req: Intro to Marketing
MKTG-SHU 3 Advertising Management* Pre-req: Bus major priority; Intro to Marketing (or Instructor Permission)
MKTG-SHU 9 Research for Customer Insights* Pre-req: Intro to Marketing
MKTG-SHU 57 Digital Marketing* Pre-req: Bus major priority; Intro to Marketing (or Instructor Permission)
MKTG-SHU 200 Strategic Marketing in China: Live Project and Case Studies* Pre-req: Intro to Marketing (MKGT-SHU 1); Junior/Senior Standing
Others
BUSF-SHU 997 Business Independent Study* Pre-req: Permission of the Academic Discipline; see Albert for details.
BUSF-SHU 3 Business Honors Seminar* Pre-req: Senior standing; must be selected by business program
SOCS-SHU 241 Cultures of Business and Work*  
BUSF-SHU 211 Design Thinking*  
BUSF-SHU 309  Financial Statement Analysis* Pre-req: Foundations of Finance
CHINA BUSINESS STUDIES COURSE - Choose One
BUSF-SHU 3 Business Honors Seminar*  Pre-req: Senior standing; must be selected by business and economics honors program. Satisfies China Business Studies, depending on the individual topic.
BUSF-SHU 288 Doing Business in China* Pre-req: Senior Standing
BUSF-SHU 200D Business Consulting in China* Pre-req: Business Majors; Senior/Junior Standing; Management and Organizations and/or Intro to Marketing
BUSF-SHU 286 Chinese Financial Markets* Pre-req: Foundations of Finance or Principles of Finance
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 2018 Courses

Recommended Courses in Fall 2018 for Freshmen

  • Global Perspectives on Society
  • Core Class (Calculus)
  • Core Class
  • EAP/Chinese

Recommended courses in Fall 2018 for Sophomores

  • Perspectives on the Humanities
  • Principles of Financial Accounting
  • Foundations of Finance
  • Core/General Elective/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 2 Principles of 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