BULLETIN

UNIVERSITY YORK

NEW

of Business School Stern N.

Leonard COLLEGE THE UNDERGRADUATE

NEW YORK UNIVERSITY BULLETIN 2019-2021 Leonard N. Stern School of Business Undergraduate College C

A private university in the public service NEW YORK UNIVERSITY

New York, NY 10012 40 West Fourth Street New York University Tisch Hall Leonard N. Stern School of Business

N E W Y O R K U N I V E R S I T Y B U L L E T I N 2 0 1 9 - 2 0 2 1

Leonard N. Stern School of Business The Undergraduate College

ANNOUNCEMENT FOR THE 120TH AND 121ST SESSIONS

TISCH HALL 40 WEST FOURTH STREET NEW YORK, NEW YORK 10012

Notice: The policies, requirements, course offerings, schedules, activities, tuition, fees, and calendar of the school and its departments and programs set forth in this bulletin are subject to change without notice at any time at the sole discretion of the administration. Such changes may be of any nature, including, but not limited to, the elimination of the school or college, programs, classes, or activities; the relocation of or modification of the content of any of the fore- going; and the cancellation of scheduled classes or other academic activities. Payment of tuition or attendance at any classes shall constitute a student’s acceptance of the administration’s rights as set forth in the above paragraph. TABLE OF Contents

An Introduction to New York University ...... 3. Leonard N. Stern School of Business: The Undergraduate College ...... 8. Calendar ...... 10. Bachelor of Science Degree Business Program ...... 12. Bachelor of Science in Business & Political Economy Program ...... 18. Bachelor of Science in Business-Bachelor of Fine Arts in Film & Television Dual Degree Program ...... 22. Bachelor of Science in Business-Master of Science in Accounting Dual Degree Program ...... 25. Academic Departments, Programs, & Initiatives Accounting ...... 29. Computing & Data Science ...... 33. Economics ...... 36. Entrepreneurship ...... 41. Finance ...... 42. Global Business ...... 48. Management & Organizations ...... 50. Marketing ...... 53. Operations ...... 59. Statistics & Actuarial Science ...... 61. Sustainable Business ...... 64. Multidisciplinary Courses ...... 69. Cross-School Minors ...... 73. Advanced Mathematical Methods ...... 73. Business of Entertainment, Media, & Technology ...... 74. Public Policy & Management ...... 76. Social Entrepreneurship ...... 78. Tracks ...... 79. Asset Pricing ...... 79. Business Analytics ...... 81. Corporate Finance ...... 82. Digital Marketing ...... 84. Entrepreneurship ...... 85. Luxury Marketing ...... 87. Management Consulting ...... 88. Real Estate ...... 90. Faculty of the Leonard N. Stern School of Business ...... 91. Admission ...... 99. Tuition, Fees, & Financial Aid ...... 107. Academic Advising, Registration, and Policies & Procedures ...... 112. Scholastic Achievement & Other Awards ...... `125 Undergraduate Research ...... 126. Map & Key ...... 127. Travel Directions ...... 129. Index ...... 130.

TA B L E O F C O N T E N T S 2 AN INTRODUCTION TO New York University

he founding of former adviser to Thomas demic centers: Accra, Ghana; New York Jefferson and secretary of the Berlin, Germany; Buenos University in treasury in Jefferson’s cabinet. Aires, Argentina; Florence, T 1831 by a group Gallatin and his cofounders Italy; London, England; of eminent private citizens envisioned a “national univer- Madrid, Spain; Paris, France; marked a historic event in sity” that would provide a Prague, Czech Republic; American education. In the “rational and practical educa- Sydney, Australia; Tel Aviv, early 19th century, the major tion for all.” Israel; and Washington, DC, emphasis in higher education The result of the founders’ United States. Although over- was on the mastery of Greek foresight is today a university all the University is large, the and Latin, with little atten- that is recognized both divisions are small- to moder- tion given to modern subjects. nationally and internationally ate-size units—each with its The founders of New York as a leader in scholarship. own traditions, programs, and University intended to enlarge NYU is one of only 26 private faculty. the scope of higher education universities in the nation to Enrollment in the under- to meet the needs of those have membership in the dis- graduate divisions at NYU aspiring to careers in business, tinguished Association of ranges between 129 and industry, science, and the arts, American Universities. 7,330, and the University as well as in law, medicine, Students come to NYU from offers nearly 11,000 courses and the ministry. The opening 48 states and more than 150 and grants more than 25 dif- of the University of London in foreign countries. ferent degrees. Classes vary in 1828 convinced New Yorkers New York University size, but the University that New York, too, should includes three degree-grant- strives to create a sense of have a new university that fed ing campuses: New York community among students off the energy and vibrancy of City, United States; Abu within and among the differ- the city. Dhabi, United Arab ent disciplines. The first president of New Emirates; and Shanghai, York University’s governing China. In addition, the council was Albert Gallatin, University has 11 global aca-

N E W Y O R K U N I V E R S I T Y 3 The Schools, 1832 College of Arts & Science 1890 Steinhardt School of 1965 Tisch School of the Arts cas.nyu.edu Culture, Education, & tisch.nyu.edu Colleges, Institutes, Human Development 1835 School of Law steinhardt.nyu.edu 1972 Gallatin School of & Programs of law.nyu.edu Individualized Study the University 1900 Leonard N. Stern School of gallatin.nyu.edu (in order of their founding) 1841 School of Medicine Business med.nyu.edu stern.nyu.edu 1972 Liberal Studies liberalstudies.nyu.edu 1854 Tandon School of 1922 The Institute of Fine Arts Engineering (January nyu.edu/gsas/dept/fineart 2006 Institute for the Study of 2014) the Ancient World engineering.nyu.edu 1934 School of Professional isaw.nyu.edu Studies 1865 College of Dentistry sps.nyu.edu 2010 NYU Abu Dhabi dental.nyu.edu nyuad.nyu.edu (including the Rory Meyers 1934 Courant Institute of College of Nursing [1932], Mathematical Sciences 2012 NYU Shanghai nursing.nyu.edu) cims.nyu.edu shanghai.nyu.edu

1886 Graduate School of Arts & 1938 Robert F. Wagner 2015 College of Global Public Science Graduate School of Public Health gsas.nyu.edu Service publichealth.nyu.edu wagner.nyu.edu

1960 Silver School of Social Work socialwork.nyu.edu

New York NEW YORK UNIVERSITY and data management services in sup- Conservation Libraries at the LIBRARIES port of quantitative research at NYU. Institute of Fine Arts (IFA) houses the University & The Elmer Holmes Bobst Library, The Fales Library, a special collec- rich collections that support the New York designed by Philip Johnson and tion within Bobst Library, is home to research and curricular needs of the Richard Foster, is the flagship of an the unparalleled Fales Collection of institute’s graduate programs in art eight-library system that provides English & American Literature; the history and archaeology. The Jack access to the world’s scholarship. The Marion Nestle Food Studies Brause Library at SPS Midtown, the Division of Libraries holds 4 million Collection, the country’s largest trove most comprehensive facility of its book volumes. Its online catalog, of cookbooks, food writing, pam- kind, serves the information needs of BobCat, contains 4.5 million phlets, paper, and archives, dating every sector of the real estate commu- records, including 1.2 million e- from the 1790s; and the Downtown nity. The Institute for the Study of books, 166,202 e-journals, 280,616 Collection, an extraordinary multi- the Ancient World (ISAW) Library is serial titles, and 163,000 audio and media archive documenting the a resource for advanced research and video recordings. The special collec- avant-garde New York art world since graduate education in ancient civi- tions are uniquely strong in the per- 1975. Bobst Library also houses the lizations from the western forming arts, radical and labor Tamiment Library, the country’s lead- Mediterranean to China. The Bern history, and the history of New York ing repository of research materials in Dibner Library serves the NYU and its avant-garde culture. the history of left politics and labor. Tandon School of Engineering. The Bobst Library serves as a center for Two fellowship programs bring schol- libraries of NYU Abu Dhabi and the NYU community’s intellectual ars from around the world to NYU Shanghai provide access to all life. It offers approximately 3,000 Tamiment to explore the history of the resources in BobCat and are seats for student study. The Avery the Cold War and its wide-ranging building their own collection of Fisher Center for Music & Media is impact on American institutions and books and other print materials in one of the world’s largest academic to research the history of progressive support of the schools’ developing media centers and, as of summer social policies and promote public curricula. Complementing the collec- 2016, is housed in new quarters in discussion of their role in our society. tions of the Division of Libraries are the library with advanced technology Tamiment’s Robert F. Wagner Labor those of the Health Sciences Library to support the newest modes of music Archives contain, among other and School of Law. listening. The Digital Studio offers a resources, the archives of the Jewish The NYU Division of Libraries constantly evolving, leading-edge Labor Committee and of more than continually enhances its student and resource for faculty and student proj- 200 New York City labor organiza- faculty services and expands its ects, and promotes and supports tions. Fales, Tamiment, and the research collections, responding to access to digital resources for teach- University Archives hold over 41,000 the extraordinary growth of the ing, learning, research, and arts linear feet of archival materials. University’s academic programs in events. The Data Service Studio pro- Beyond Bobst, the library of the recent years and to the rapid expan- vides expert staff and access to soft- renowned Courant Institute of sion of electronic information ware, statistical computing, Mathematical Sciences focuses on resources. Bobst Library’s professional geographical information systems research-level material in mathemat- staff includes more than 60 subject analysis, data collection resources, ics, computer science, and related and technical specialists who select fields. The Stephen Chan & materials and work with faculty and

N E W Y O R K U N I V E R S I T Y 4 graduate students in every field of streets. Business majors attend semi- trustees and derives its income from study at NYU. The staff also includes nars in corporation boardrooms and tuition, endowment, grants from pri- specialists in undergraduate outreach, intern as executive assistants in busi- vate foundations and government, instructional services, preservation, ness and financial houses. The and gifts from friends, alumni, corpo- geospatial information, digital infor- schools, courts, hospitals, settlement rations, and other private philan- mation, scholarly communication, houses, theaters, playgrounds, and thropic sources. intellectual property, and more. prisons of the greatest city in the The University is committed to a world form a regular part of the edu- policy of equal treatment and oppor- THE LARGER CAMPUS cational scene for students of medi- tunity in every aspect of its relations cine, dentistry, education, social with its faculty, students, and staff New York University is an integral work, law, business and public members, without regard to race, part of the metropolitan community administration, and the creative and color, religion, sex, sexual orientation, of New York City—the business, cul- performing arts. gender and/or gender identity or tural, artistic, and financial center of The chief center for undergraduate expression, marital or parental status, the nation and the home of the and graduate study is at Washington national origin, ethnicity, citizenship United Nations. The city’s extraordi- Square in Greenwich Village, long status, veteran or military status, age, nary resources enrich both the aca- famous for its contributions to the disability, and any other legally pro- demic programs and the experience of fine arts, literature, and drama and its tected basis. living at New York University. personalized, smaller scale, European Inquiries regarding the application Professors whose extracurricular style of living. NYU itself makes a of the federal laws and regulations activities include service as editors for significant contribution to the cre- concerning affirmative action and publishing houses and magazines; ative activity of the Village through antidiscrimination policies and proce- advisers to city government, banks, the high concentration of faculty and dures at New York University may be school systems, and social agencies; students who reside within a few referred to Mary Signor, Executive and consultants for museums and blocks of the University. NYU’s Director, Office of Equal Opportunity, industrial corporations bring to Tandon School of Engineering, located New York University, 726 Broadway, teaching an experience of the world in Downtown Brooklyn, connects aca- 7th Floor, New York, NY 10003; and a professional sophistication that demics with creative research and 212-998-6807. Inquiries may also be are difficult to match. technology in the burgeoning Tech referred to the director of the Office of Students also, either through Triangle and is just a short subway Federal Contract Compliance, U.S. coursework or outside activities, tend ride away from Washington Square. Department of Labor. to be involved in the vigorous and University apartment buildings New York University is a member varied life of the city. Research for provide housing for over 2,100 mem- of the Association of American term papers in the humanities and bers of the faculty and administra- Universities and is accredited by the social sciences may take them to such tion, and University student Middle States Association of Colleges diverse places as the American residence halls accommodate over and Schools (Commission on Higher Museum of Natural History, the 11,000 men and women. Many more Education of the Middle States Museum of Modern Art, a garment faculty and students reside in private Association of Colleges and Schools, factory, a deteriorating neighborhood, housing in the area. 3624 Market Street, Philadelphia, PA or a foreign consulate. 19104; 267-284-5000). Individual Students in science work with A PRIVATE UNIVERSITY undergraduate, graduate, and profes- their professors to help resolve such sional programs and schools are problems of immediate importance Since its founding, New York accredited by the appropriate special- for urban society as the pollution of University has been a private univer- ized accrediting agencies. waterways and the congestion of city sity. It operates under a board of

Senior University Andrew D. Hamilton, BSc, MSc, Robert Cashion, BA, MBA, Senior Anthony Jiga, BA, MPP, Vice Provost PhD, President Vice President for University Development for Resource Planning Administration Katherine Fleming, BA, MA, PhD, & Alumni Relations MJ Knoll-Finn, BA, MBA, Senior Provost Linda Chiarelli, BE, JD, Vice Vice President for Enrollment President, Capital Projects & Facilities Management Yanoula Athanassakis, BA, MA, Lisa M. Coleman, BA, MA, MA, Marlon Lynch, BA, MA, Senior Vice MA, PhD, Associate Vice Provost for MA, PhD, Senior Vice President for President for Campus Services & Safety Academic Affairs and Director, Global Inclusion & Strategic Innovation Charlton McIlwain, BA, MHR, Environmental Humanities Initiative and Chief Diversity Offcer PhD, Vice Provost for Faculty Richard S. Baum, BA, Chief of Staff Kristen Day, BS, PhD, Vice Provost Engagement & Development to the President Georgina Dopico, AB, MA, MPhil, Linda G. Mills, BA, JD, MSW, PhD, John Beckman, BA, Senior Vice PhD, Vice Provost of Undergraduate Vice Chancellor for Global Programs & President for Public Affairs & Strategic Academic Affairs University Life Communications Martin S. Dorph, BS, MBA, JD, Cathie Nadeau, MA, MBA, Vice Stacie Grossman Bloom, PhD, Vice Executive Vice President President, Budget, Financial Planning, Provost for Research Sabrina Ellis, BA, MS, Vice President & Analysis Lynne P. Brown, BA, MA, PhD, of Human Resources Karen Nercessian, BCE, MPA, Vice Senior Vice President for University Tracey Gardner, BA, MPA, Deputy Provost for Strategy and Chief of Staff to Relations & Public Affairs Chief of Staff the Provost

N E W Y O R K U N I V E R S I T Y 5 Terrance Nolan, BA, JD, LLM, Stephanie Pianka, BA, MBA, Senior Clay Shirky, BA, Vice Provost for General Counsel and Secretary Vice President for Finance & Budget and Educational Technologies Len Peters, MSc, Vice President and Chief Financial Offcer Marc L. Wais, BS, MBA, EdM, EdD, Chief Information Offcer Cybele Raver, BA, MS, MPhil, PhD, Senior Vice President for Student Affairs Deputy Provost Ellen Schall, BA, JD, Senior Presidential Fellow

Deans & Charles N. Bertolami, DDS, Phillip Brian Harper, BA, MFA, Julie Mostov, BA, MA, PhD, Dean, DMedSc, Herman Robert Fox Dean, MA, PhD, Dean, Graduate School of Liberal Studies Directors College of Dentistry Arts & Science and Erich Maria Fabio Piano, BS, MA, PhD, Provost, H. Austin Booth, BA, MSLS, MA, Remarque Professor of Literature NYU Abu Dhabi Dean, Division of Libraries Cheryl G. Healton, BA, MPA, Christine Poggi, BA, MA, PhD, Russel Cafisch, BS, MS, PhD, DrPH, Dean, College of Global Public Judy & Michael Steinhardt Director, Director, Courant Institute of Health Institute of Fine Arts Mathematical Sciences Gene Jarrett, BA, AM, PhD, Seryl David Stasavage, BA, PhD, Dean for Carolyn Dinshaw, AB, PhD, Dean Kushner Dean, College of Arts & Science Social Sciences, Faculty of Arts & Science for Humanities, Faculty of Arts & Science Alexander Jones, BA, PhD, Leon Eileen Sullivan-Marx, BSN, MS, Gregory Gabadadze, BS, MS, PhD, Levy Director, Institute for the Study of PhD, CRNP, RN, FAAN, Perkins Dean for Science, Faculty of Arts & the Ancient World McGriff Dean, Rory Meyers College of Science Julia Kempe, MS, PhD, Director of Nursing Clayton Gillette, BA, JD, Director, the Center for Data Science Rangarajan Sundaram, BA, MBA, Marron Institute of Urban Management Jelena Kovac˘evic, MS, PhD, Dean, MA, PhD, Dean Leonard N. Stern Sherry L. Glied, BA, MA, PhD, Tandon School of Engineering´ School of Business Dean, Robert F. Wagner Graduate School Jeffrey S. Lehman, BA, JD, MPP, Joanna Waley-Cohen, BA, MA, of Public Service Vice Chancellor, NYU Shanghai PhD, Provost, NYU Shanghai Allyson Green, BFA, MFA, Dean, Yu Lizhong, BSc, PhD, Chancellor, Mariet Westermann, BA, MA, PhD, Tisch School of the Arts NYU Shanghai Vice Chancellor, NYU Abu Dhabi Susan Greenbaum, BS, MBA, EdD, Antonio Merlo, Laurea, PhD; Susanne L. Wofford, BA; BPhil Dean, School of Professional Studies hon.:MA, Anne & Joel Ehrenkranz [Oxon.], PhD, Dean, Gallatin School of Robert I. Grossman, BS, MD, Saul Dean, Faculty of Arts & Science Individualized Study J. Farber Dean, School of Medicine and Pamela Morris, BA, MA, PhD, Chief Executive Offcer, NYU Langone Interim Dean, Steinhardt School of Health Culture, Education, & Human Neil Guterman, BA, MSW, PhD, Development Dean, Silver School of Social Work and Trevor W. Morrison, BA, JD, Dean, Paulette Goddard Professor of Social School of Law Work

Board of William R. Berkley, BS, MBA, Joel S. Ehrenkranz, BS, MBA, LLB, Kelly Kennedy Mack, BA, MBA Trustees Chair LLM Mimi M.D. Marziani, BA, JD Lun Feng, BS, LLM, JD Howard Meyers, BS Ronald D. Abramson, BA, JD; Laurence D. Fink, BA, MBA Ruthie Ann Miles, BA, MA hon.: DFA Luiz Fraga, BA, MBA Constance J. Milstein, BA, JD Taff Ayodele, BA, MBA Jeffrey S. Gould, BA, JD Rima Al Mokarrab, BA, JD, MIA Phyllis Putter Barasch, BS, MA, Lisa Yoo Hahn, BA, JD MBA Khaldoon Khalifa Al Mubarak, BS Andrew Hamilton, BSc, MSc, PhD Maria Bartiromo, BA David C. Oxman, BA, LLB Beverly Hyman, BA, MS, PhD Marc H. Bell, BS, MS John Paulson, BS, MBA Boris Jordan, BA Andrea C. Bonomi, BSc Dasha Rettew, BA, MA David A. Katz, BA, JD Casey Box, AA, BA, MPA Catherine B. Reynolds, BA Jonathan C. Kim, BS Sharon Chang, BA, MA Brett B. Rochkind, BS, MBA Andre J. L. Koo, BA, MBA Evan R. Chesler, BA, MA, JD Larry A. Silverstein, BA, LLB Joseph Landy, BS, MBA Steven M. Cohen, BA, JD Lisa Silverstein, BA Mark Leslie, BA Stuyvie Comfort, BSE, JD, LLM Jessica Swartz, BA, MA, PhD Brian A. Levine, BS, MS, MD Jinsong Ding Adam Taki, BA, MA Amanda Lipitz, BFA Fiona Druckenmiller, BS, MBA Chandrika Tandon, BA, MBA Martin Lipton, BS, LLB Gale Drukier, BS, MS, EdD David A. Tanner, BA, JD

N E W Y O R K U N I V E R S I T Y 6 Daniel R. Tisch, BA Leonard A. Wilf, BA, JD, LLM Charles M. Zegar, BS, MS, MS Anthony Welters, BA, JD Sascia Yuan, BA

Life Trustees Diane Belfer Richard Jay Kogan, BA, MBA Joel E. Smilow, BA, MBA Arthur L. Carter, BA, MBA Kenneth G. Langone, BA, MBA Sheldon H. Solow John J. Creedon, BS, LLB, LLM Thomas S. Murphy, BSME, MBA Joseph S. Steinberg, BA, MBA Maurice R. Greenberg, LLB; hon.: Herbert M. Paul, BBA, MBA, JD, Judy Steinhardt, BA, EdM JD, LLD LLM Michael H. Steinhardt, BS Henry Kaufman, BA, MS, PhD; E. John Rosenwald, Jr., BA, MBA Shelby White, BA, MA hon.: LHD, LLD William C. Rudin, BS William D. Zabel, BA, LLB Helen L. Kimmel, BA Constance Silver, BS, MSW, PhD

Trustee Bruce Berger, BS Jane Eisner Bram, BA, MSW, PhD Marvin Leffer, BS, MBA Associates Leonard Boxer, BS, LLB Betty Weinberg Ellerin, BA, LLB Jeffrey H. Lynford, BA, MPA, JD

N E W Y O R K U N I V E R S I T Y 7 Leonard N. Stern School of Business THE UNDERGRADUATE COLLEGE

y the turn of the member of The Association to continue to grow in scope and 20th century, Advance Collegiate Schools of complexity amid unprece- the American Business (AACSB) and a pio- dented rates of technological B business organi- neer by awarding a Bachelor and social change. In zation had grown in complex- of Science degree that response, NYU Stern perse- ity, prompting a need for more included a solid grounding in veres as an innovator and sophisticated and scientific the liberal arts and sciences. remains committed to provid- approaches to its study. Yet, With the success of the ing a first-rate undergraduate there were few universities in undergraduate School of business education grounded the country offering business Commerce came demand for in five pillars that guide the degree programs. Recognizing graduate coursework, and in student experience. They are: this, representatives from the 1916 NYU’s Graduate School 1. Academics: We take pride New York State Society of of Business Administration in our well-rounded education Certified Public Accountants was established as a satellite and approach our academics and New York University division near Wall Street. with honesty and integrity. came together to start a new In the mid-1980s, the 2. Global: We seize oppor- school—one of the first of its College and the graduate tunities to expand our per- kind—that would offer pro- school received a major gift spectives and serve as global fessional training to young from alumnus Leonard N. ambassadors. business people in New York Stern, chairman and chief 3. Social Impact: We are City. Thus began the long tra- executive officer of the Hartz eager to use business to create dition of business study at Group, Inc. In recognition of a positive impact and take NYU, and in 1900 the NYU Mr. Stern’s generosity, the this responsibility seriously. School of Commerce, schools were unified under 4. Professional: We act with Accounts, & Finance was one name—Leonard N. Stern professionalism as we explore founded with Charles Waldo School of Business—and our interests and shape our Haskins as dean. united on NYU’s Washington futures. From its start, the School of Square campus. 5. Community: We support Commerce led the way in for- Now, more than a century each other and foster an inclu- mulating objective scholarly after the Undergraduate sive community where every- standards of academic excel- College’s founding, the chal- one can grow and excel. lence. It became a charter lenges facing business leaders

L E O N A R D N . S T E R N S C H O O L O F B U S I N E S S 8 College Offce of the Dean Erin Potter, B.S., M.S., Senior Offce of Academic Advising Tisch Hall, Suite 600 Assistant Dean of Student Experience Tisch Hall, Suite 616 Administration 40 West Fourth Street and Dean’s Special Projects of the 40 West Fourth Street 212-998-0921 Undergraduate College, Leonard N. 212-998-4020 Stern School of Business Rangarajan K. Sundaram, B.A., Offce of International Exchanges M.BA., Ph.D., Dean of the Diann Witt, B.S., M.A., Senior and Special Programs Undergraduate College, Leonard N. Assistant Dean of Academic Tisch Hall, Suite 616 Stern School of Business Assessment and Affairs of the 40 West Fourth Street Undergraduate College, Leonard N. 212-992-6800 Robert Whitelaw, B.S., Ph.D., Vice Stern School of Business Dean of the Undergraduate College, Offce of Student Engagement Leonard N. Stern School of Business Tisch Hall, Suite 203 40 West Fourth Street Tiffany Boselli, B.S., M.A., Senior 212-998-0277 Assistant Dean of Advising and Student Conduct of the Undergraduate College, Leonard N. Stern School of Business

The Undergraduate College of the Advance Collegiate Schools of Accreditation Leonard N. Stern School of Business Business (AACSB). is accredited by the Association to

L E O N A R D N . S T E R N S C H O O L O F B U S I N E S S 9 Calendar Academic Year & Summer 2019-2021

(All dates are inclusive. Please refer to nyu.edu/registrar/calendars for updated calendar information.)

2019 Description Day Date Labor Day: Holiday Monday September 2 Fall Classes Begin Tuesday September 3 No Classes Scheduled Monday October 14 Legislative Day Tuesday October 15 (classes meet on a Monday schedule) Midterm Grades Deadline Monday November 6 Registration for Spring 2020 Semester Begins Monday November 13 Thanksgiving Recess Wednesday-Sunday November 22-26 Last Day of Classes Friday December 13 Fall Semester Final Exams Monday-Friday December 16-20 Winter Recess Saturday-Sunday December 21-January 26

2020 Description Day Date January Term Tuesday-Friday January 6-24 Martin Luther King Day: Holiday Monday January 20 Spring Classes Begin Monday January 27 Presidents’ Day: Holiday Monday February 17 Spring Recess Monday-Sunday March 16-22 Midterm Grades Deadline Friday April 3 Registration for Fall 2020 Semester Begins Monday April 20 Last Day of Classes Monday May 11 Reading Day Tuesday May 12 Spring Semester Final Exams Wednesday-Tuesday May 13-19 Commencement Wednesday May 20 Memorial Day: Holiday Monday May 25 2020 Summer Session I Tuesday-Sunday May 26-July 5 Independence Day: Holiday (observed) Friday July 3 2020 Summer Session II Monday-Sunday July 6-August 16 Fall Classes Begin Wednesday September 2 Labor Day: Holiday Monday September 7 Legislative Day Wednesday September 9 (classes meet on a Monday schedule) Registration for Spring 2021 Semester Begins Monday October 19 Thanksgiving Recess Thursday-Friday November 26-27

C A L E N D A R 10 Description Day Date Last Day of Classes Sunday December 13 Reading Day Monday December 14 Fall Semester Exams Tuesday-Monday December 15-21 Winter Recess Tuesday-Sunday December 22-January 24

2021 Description Day Date January Term Monday-Friday January 4-22 Martin Luther King Day: Holiday Monday January 18 Spring Classes Begin Monday January 25 Presidents’ Day: Holiday Monday February 15 Spring Recess Monday-Sunday March 15-21 Last Day of Classes Monday May 10 Reading Day Tuesday May 11 Spring Semester Exams Wednesday-Tuesday May 12-18 Commencement Wednesday May 19 Memorial Day: Holiday Monday May 31 2021 Summer Session I Monday-Saturday May 24-July 3 Independence Day: Holiday (observed) Monday July 5 2021 Summer Session II Tuesday-Sunday July 6-August 15 Labor Day: Holiday Monday September 6

Additional Important Calendar Dates: 1. For refund schedule, see Refund Period Schedule in the Tuition, Fees, & Financial Aid section on page 109. 2. For registration and drop/add schedules, consult the Stern Office of Academic Advising, Tisch Hall, Suite 616, 40 West Fourth Street; 212-998-4020.

C A L E N D A R 11 Bachelor of Science Degree Business Program

nationally, and abroad. Stu- with the College of Arts & he NYU Stern dents can also explore inter- Science; the Steinhardt School School of Busi- disciplinary business topics of Culture, Education & ness offers a through seven academic Human Development; the T Bachelor of Sci- tracks that provide course- Tisch School of the Arts; and ence degree that integrates an work in areas of interest that the Wagner Graduate School exceptional business educa- cross traditional disciplines. of Public Service. tion with a grounding in the NYU Stern students take NYU Stern also offers a liberal arts. By combining elective courses from across comprehensive variety of courses in business fundamen- the University to broaden semester abroad programs, tals with a broad-based liberal their intellectual experience. short-term immersion oppor- arts foundation, future busi- Students may also pursue a tunities, and the one-of-a- ness leaders are given the minor or a second major in kind International Studies skills, expertise, and intellec- the College of Arts & Science Program. NYU Stern stu- tual sophistication needed to in areas ranging from psy- dents are strongly encouraged advance in today's dynamic chology to the fine arts, or to take advantage of the business environment. The they can choose to minor in a numerous global study oppor- curriculum emphasizes global subject at the Steinhardt tunities available to them perspectives, social responsi- School of Culture, Education, through NYU’s extensive net- bility, and professional ethics, & Human Development or work of global academic cen- as well as communication and the Tisch School of the Arts. ters, and through NYU interpersonal skills. Classes Students can also participate Stern’s own exchange partner- are taught by award-winning in one of NYU Stern’s many ships with top business faculty and respected business cross-school interdisciplinary schools around the world. thought leaders in New York, minors offered in conjunction

An Integrated The Liberal Arts Core Physical Science or Life Science Business Tools 1. Mathematics: course in the College Core • Cohort Leadership Program Four-Year • Calculus I or higher Curriculum of the College of • Microeconomics Curriculum Arts & Science • Statistics 2. Expository Writing Program: • Principles of Financial • Writing the Essay or Commerce Business Core Accounting & Culture The Business core is the curricular foundation of the Business Program at 3. Foundations of Contemporary Stern. As part of this core, students are Culture*: required to take the “key tools” courses • Texts & Ideas that serve as the essential building • Cultures & Contexts blocks of any business concentration. In addition to these, students are 4. Foundations of Scientific Inquiry*: offered a menu of six functional courses *Note: Students at the Stern School of • An approved departmental from which they must choose at least Business are required to take founda- course in anthropology, biology, four to serve as the basis for their tional courses in the liberal arts through the general education program of the chemistry, environmental sci- selected concentration(s). ence, physics, or psychology, or a College of Arts & Science. This group of courses is known as the College Core Curriculum and designated as CORE- UA XXXX.

B A C H E L O R O F S C I E N C E D E G R E E P R O G R A M 12 Functional Business Core with executives of a major corporation Professional Studies. Other restrictions Students may choose four of the fol- based in that country. may apply. Visit nyu.edu/students/ lowing six courses; however, students undergraduates/academic-services/ are encouraged to take all six to gain a University Electives undergraduate-advisement/ more solid foundation in business fun- Additional elective coursework in lib- unique-academic-opportunities/ damentals, which can help them make eral arts or business studies completes cross-school-minors for more information better informed decisions about which a student’s degree requirements. Stern about these options. Stern concentration(s) to pursue: students are required to take at least A maximum of three designations • Managerial Accounting 44 elective units, depending on their are included on the formal NYU Stern • Foundations of Finance concentration of study.* The elective record. Of the three designations per- • Information Technology in requirement allows students to pursue mitted, only a maximum of two con- Business & Society a second Stern concentration, a track at centrations can be declared. However, • Introduction to Marketing Stern, or a major at CAS. This credit students may also pursue a track • Management & Organizations can also be fulfilled with a minor in within Stern in addition to the maxi- • Operations Management another school or a cross-school minor, mum three designations officially or students can take a range of courses declared. Social Impact Core for personal enrichment. Students also commonly use their elective units Stern concentration areas include: The Social Impact Core is a four-year, • Accounting (CPA BS/MS or four-course sequence required for all while studying away. To complete their elective require- General Accounting) Stern undergraduates. Through the • Actuarial Science Social Impact Core, students learn ments, students may take courses at the Stern School; the College of Arts & • Computing & Data Science about how business can make a posi- • Economics tive difference in the world, while Science (-UA); the Steinhardt School of Culture, Education, & Human • Entrepreneurship developing the capacity to think sys- co-concentration temically and act responsibly. The Development (-UE); the Tisch School of the Arts (-UT); the Wagner • Finance Social Impact Core courses focus on • Global Business co-concentration the complex relationships between and Graduate School of Public Service (- GP); the Gallatin School of • Management & Organizations among different social institutions; • Marketing effective corporate communication and Individualized Study (-UG); the Silver School of Social Work (-US); the • Operations engagement with various stakeholder • Statistics groups; the evolving legal and regula- College of Global Public Health (- GU); and the Tandon School of • Sustainable Business tory landscape; and the alignment of co-concentration personal and professional values in Engineering (-UY). A minimum of 20 practice. of the 44 units must be taken from a non-Business area. Students do not Majors at the College of Arts & • Business & Society Science (CAS) • Organizational Communication receive credit for courses taken & Its Social Context through the School of Professional Stern students can major in any • Law, Business, & Society Studies; therefore, Stern students are department through CAS except eco- • Professional Responsibility & not permitted to enroll in courses nomics. Students interested in pursu- Leadership through any SPS programs. ing a major within CAS should meet with their academic adviser early on to These courses are offered by the CONCENTRATIONS, MINORS, ensure they can fulfill all the require- Business & Society Program together & TRACKS ments. Consult the Stern and CAS websites for more specific information. with Management Communications Every Business Program student at faculty. Stern receives a primary major in Business and must select one of the Tracks Global Business Core business areas as a concentration. Tracks were developed by a committee The NYU Stern experience is designed Concentrations, with requirements of Stern faculty to provide students to broaden each student’s view of the and courses, are described within the with a roadmap of coursework to help world. Given the undeniably global academic department sections of this them develop both intellectually and scope of business in the 21st century, bulletin. Students should consult with professionally in areas of interest that all students are required to satisfy the their academic adviser in the Stern cross traditional disciplines. Tracks are two-course Global Business core. It Office of Academic Advising to deter- designed to be multidisciplinary, in- begins in the sophomore year with mine exact course sequence and selec- depth, and supplemental to students’ Economics of Global Business, a tion of electives. Co-concentrations business concentration(s). Completion course combining the study of macro- must be taken in conjunction with of a track is not noted on a student’s economics and international trade. In another concentration. transcript. the spring term of junior year, stu- In addition to the one required dents take the International Studies Stern concentration, students may Program, a strategy-based course that declare two other formally recognized teaches them how to understand the designations: either a second Stern *Students are encouraged to work with an competitive positioning of a company concentration; or a minor or major in academic adviser and consult a curriculum in its industry, country, and interna- the College of Arts & Science (which worksheet to determine their specific elective tional context. The course includes a can be pursued in addition to two requirements. Curriculum worksheets can be one-week visit to a country in Asia, declared Stern concentrations); or any obtained from the Stern Office of Academic Europe, or Latin America to experi- cross-school minor offered through Advising or downloaded from the Stern ence the culture firsthand and to meet NYU with the exception of minors Undergraduate College website at offered through the School of stern.nyu.edu/ucadvising.

B A C H E L O R O F S C I E N C E D E G R E E P R O G R A M 13 Students may choose from the follow- ing tracks: CONCENTRATION INDICATOR LOCATION PAGE • Asset Pricing Accounting ACCT-UB KMC1 10-180 29 • Business Analytics Computing & Data Science INFO-UB KMC 8-190 33 • Corporate Finance • Digital Marketing Economics ECON-UB KMC 7-160 36 • Entrepreneurship Entrepreneurship N/A N/A 41 • Luxury Marketing Finance FINC-UB KMC 9-190 42 • Management Consulting • Real Estate Global Business N/A N/A 48 Management & Cross-School Minors Organizations MGMT-UB KMC 7-150 50 These minors offer Stern students an Marketing MKTG-UB Tisch2 8th & 9th foors 53 opportunity to broaden their academic Operations OPMG-UB KMC 8-160 59 interests beyond the traditional fields. Statistics & Actuarial Cross-school minors allow students to Science STAT-UB KMC 8-160 61 sample a variety of interrelated course- work that marry some of the most per- Sustainable Business BSPA-UB KMC 7-190 64 tinent subjects from Stern and other 1 KMC—Henry Kaufman Management Center, 44 West 4th Street schools at NYU. The Stern cross- 2 Tisch Hall—40 West 4th Street school minors are: • Advanced Mathematical Methods (with CAS) • Business of Entertainment, Expository Writing developing ideas, and writing both Media, & Technology (with the Stern students are required to take two exploratory and argumentative essays. Steinhardt School of Culture, writing courses, one from the This course stresses exploration, Education, & Human Expository Writing Program (EWP) inquiry, reflection, analysis, revision, Development and the Tisch as well as Business & Society, which is and collaborative learning. School of the Arts) part of the Stern Social Impact Core • Public Policy & Management (full course description can be found Commerce & Culture (with the Wagner Graduate on page 16 under the Social Impact MULT-UB 100 4 units. School of Public Service) Core). Students must complete either Full course description can be found in • Social Entrepreneurship (with the EWP course Writing the Essay the Multidisciplinary Courses section the Wagner Graduate School of (EXPOS-UA 1) or Stern’s Commerce (page 69). Public Service) & Culture (MULT-UB 100) during their first semester. International stu- International Writing Workshop I THE LIBERAL ARTS CORE dents for whom English is a second EXPOS-UA 4 4 units. language may be eligible to satisfy the Prerequisite: Expository Writing Program Mathematics EWP requirement by completing the permission/placement. The frst of two courses required for stu- Students are required to take Calculus two-semester sequence International Writing Workshop I and II (EXPOS- dents for whom English is a second lan- I (MATH-UA 121) or a higher-level guage. The Expository Writing mathematics course. Students with UA 4 and EXPOS-UA 9). In addition, students who have taken the interna- requirement for NYU undergraduates is qualifying scores in certain AP and fulflled with this course and other foreign maturity exams (IB, A- tional writing sequence or transfer stu- dents who did not take Business & International Writing Workshop II. Level, etc.) may apply credit to satisfy This course provides instruction in the Calculus I requirement. Refer to Society in their first year are required to take a Business & Society intensive critical reading, textual analysis, pages 104-106 for a full listing of exploration of experience, develop- these equivalences. course, SOIM-UB 3. Students in the HEOP and C-Step programs satisfy ment of ideas, and revision. It stresses the importance of inquiry and reflec- Calculus I the EWP requirement by completing the two-semester Liberal Studies tion in the use of texts and experience MATH-UA 121 4 units. as evidence for essays. Reading and Prerequisite: MATH-UA 9 with a grade Writing sequence (WRI-UF 1001- 1002). Students placed into the writing assignments lead to essays in of C or better or equivalent; or AP which students analyze, raise questions Calculus AB score of 3 or better; or AP Liberal Studies Writing or International Writing Workshop about, and reflect on written texts, Calculus BC score of 3 or better; or SAT I experiences, and ideas in a collabora- Mathematics 670 or higher; or sequences must begin in their first semester and must register for their tive learning environment. The class ACT/ACTE 30 or higher; or SAT sub- discusses appropriate conventions in ject test in mathematics (Level 1 or Level remaining writing course in the semester immediately following. English grammar and style as part of 2) score of 650 or higher; or passing instructor feedback. placement examination.* In this course, students learn deriva- Writing the Essay tives, antiderivatives, and integrals of EXPOS-UA 1 4 units. functions of one real variable; trigono- This is the foundational writing course metrics, inverse trigonometrics, loga- in expository writing. It provides rithmics, and exponential functions; instruction and practice in critical applications, including graphing, reading, creative thinking, and clear maximizing, and minimizing func- writing. It also gives instruction in tions; and areas and volumes. analyzing and interpreting written *For more information regarding the calcu- texts, using written texts as evidence, lus placement examination, see the Department of Mathematics website at math.nyu.edu.

B A C H E L O R O F S C I E N C E D E G R E E P R O G R A M 14 International Writing Workshop II BACHELOR OF SCIENCE DEGREE PROGRAMS1 EXPOS-UA 9 4 units. 2 Prerequisite: EXPOS-UA 4. Program HEGIS Code The second of two courses required for stu- Accounting-Dual Degree Program 0502 dents for whom English is a second lan- Business 0501 guage. The Expository Writing requirement for NYU undergraduates is Business & Political Economy 2204 fulflled with this course and International Writing Workshop I. 1 Registered by the New York State Education Department, Office of Higher This course provides advanced instruc- Education, nysed.gov, 518- 474-3852 tion in analyzing and interpreting 2Higher Education General Information Survey written texts from a variety of aca- demic disciplines, the use of written texts as evidence, the development of Texts & Ideas Global Cultures ideas, and the writing of argumenta- CORE-UA 04XX 4 units. XXGC-UF 4 units. tive essays through a process of inquiry Texts & Ideas introduces students to and reflection. It stresses analysis, revi- Students may choose from one of five the ideals of liberal education and the Global Cultures courses, each designed sion, inquiry, and collaborative learn- central role of humanistic study in the ing. The class discusses appropriate to help them understand that societies liberal arts, while fostering apprecia- have long histories and enormous conventions in English grammar and tion of the importance of humanistic style as part of instructor feedback. diversity within themselves as societies learning for society at large. Students and cultures intersect across the globe. become acquainted with some of the Writing I, II These courses introduce students to literary and philosophical works that aspects of one particular region's cul- WRI-UF 1001, 1002 4 units per term. have been most influential in shaping Completion of WRI-UG1001 and WRI- tural development, broadly defined as the contemporary world and with sig- including, but not limited to, such UF1002 satisfes the Expository Writing nificant instances in which the ideas in requirement for students in the HEOP or disciplines as history, philosophy, the these works have been debated, devel- arts, politics, and social institutions. C-Step program. oped, appropriated, or rejected. This This course develops analytical think- course is not a survey, but rather an ing abilities in the context of academic examination of how texts influence Foundations of Scientific essay writing by engaging students in subsequent thinking, create traditions, Inquiry** the use of writing to express, explore, and reflect societal ideals. Texts & Students choose one approved course, and develop ideas through a variety of Ideas thus aims to provide a richer with or without laboratory, in anthro- forms, including informal writing understanding of how cultures are con- pology, biology, chemistry, environ- (such as free writing and journal writ- structed, modified, and represented. mental science, physics, or psychology, ing). Students produce a wide range of or a course chosen from the College writing, both in and out of class, Cultures & Contexts Core Physical Science or Life Science which forms the basis for classroom CORE-UA 05XX 4 units. offerings. The requirement may also activities. All papers go through mul- Cultures & Contexts prepares students for be satisfied by appropriate Advanced tiple drafts, often with input from life in a globalized world by introducing Placement, International peers in addition to the instructor. In them to the ways in which humans come Baccalaureate, A-Level, or other Writing II, students develop their to understand themselves as members of Foreign Maturity exams with appro- skills in analysis and argumentation by social, religious, national, and regional col- priate scores (for information on AP, exploring ways in which the ideas of lectives and by fostering their appreciation IB, or A-Level credit equivalences, others can be incorporated into their of the dynamics of cultural interaction and refer to the charts on pages 104-106 in own writing. Students read and dis- influence. Individual sections focus on spe- the Admissions section). Full course cuss longer, more challenging texts, cific social or cultural groups different from descriptions for all College of Arts & and are expected to incorporate a broad the dominant traditions of contemporary Science classes can be found at range of primary and secondary sources North America. Each examines different cas.nyu.edu. to develop and support their increas- ways cultures have interacted through ingly complex ideas, as well as become trade, colonization, immigration, religious familiar with a wide variety of possible dispersion, and media representation; how resources at the library and learn the such groups define themselves against mechanics and conventions of the aca- internal and external difference; and how demic research essay. the dominant perspective of Western *Students may fulfill this requirement with modernity affects comprehension of how select pre-approved courses from across NYU Foundations of Contemporary people outside that position understand, and NYU study-away sites. Students Culture experience, and imagine their lives. should refer to the Undergraduate Current Offerings include emergent traditions, Students Academics website at Students are required to take two stern.nyu.edu/portal-partners/ courses: Texts & Ideas CORE-UA diaspora formations, and societies under- stood as nationally, geographically, or cul- current-students/undergraduate/ 04XX and either Cultures & Contexts academics/degree-programs/ CORE-UA 05XX* or Global Cultures turally distinct from the dominant traditions of contemporary North America. business-program for the most current list XXGC-UF (through the NYU Liberal of approved courses. Studies Program). Courses focusing on ancient civilizations are also included, as are courses that address ** Students interested in pursuing a pre- contemporary challenges to traditional health curriculum are encouraged to refer to European conceptions of national identity. page 112 for proper sequencing of Natural Science coursework.

B A C H E L O R O F S C I E N C E D E G R E E P R O G R A M 15 Department of Anthropology: Statistics for Business Control and Information Technology in Select ANTH-UA courses* Regression & Forecasting Models Business & Society ANTH-UA 2, 50-59, 80, 90, 240, STAT-UB 103 6 units. TECH-UB 1 4 units. 320, 326, 511, 512 This course combines both Statistics Full course description can be found in for Business Control (4 units) and the Department of Computing & Data Any Biological Anthropology course Regression & Forecasting Models (2 Science section (page 33). listed under “Course Offerings” on the units) into a single 6-unit course. This Department of Anthropology’s website 6-unit course is recommended. Full SOCIAL IMPACT CORE** at as.nyu.edu/anthropology/undergradu- course description can be found in the ate/course-offerings Department of Statistics section Business & Society (page 61). SOIM-UB 125 4 units. Department of Biology: Business & Society is the first course in Any Biology course (BIOL-UA) Or the Social Impact Core curriculum required for Stern students. It intro- Department of Chemistry: Statistics for Business Control duces students to the evolving role Any Chemistry course (CHEM-UA) STAT-UB 1 4 units. business plays in society and chal- Full course description can be found in lenges them to explore how business Program in Environmental Studies: the Department of Statistics section can and should create value for local Select ENVST-UA courses* (page 61). and national publics. The course ENVST-UA 100, 210, 226/9226, includes a large plenary session in 254, 275/9275, 323, 360 And which thought leaders present their (Not approved: ENVST-UA 101 or distinct perspectives on current and ENVST-UA 4XX/5XX) Regression & Forecasting Models historical issues related to business and All other ENVST courses may be STAT-UB 3 2 units. society. It also includes small group reviewed on a case-by-case basis. Prerequisite: STAT-UB 1 or equivalent. discussion sessions in which students Required for students who have passed the reflect critically on the plenary per- Department of Physics: statistics profciency examination. spectives in reference to alternative Any Physics course (PHYS-UA) Full course description can be found in perspectives drawn from course read- the Department of Statistics section ings. Students select issues they are Department of Psychology: (page 61). passionate about, conduct research and Cognitive Neuroscience analysis to develop their own perspec- PSYCH-UA 25 4 units. tives, research the perspective of mul- Functional Business Core tiple stakeholders, and present them Students must choose at least four of all in writing. This course fulfills the The College Core Curriculum: the following six courses: Physical Science second half of the first year expository writing sequence. The learning objec- CORE-UA 02XX 4 units. Lecture and Managerial Accounting laboratory. tives include: (1) analyzing the role of ACCT-UB 4 4 units. business in society from multiple per- Full course description can be found in Life Science spectives, drawing on various academic the Department of Accounting section disciplines as well as stakeholder inter- CORE-UA 03XX 4 units. Lecture and (page 29). laboratory. ests; (2) thinking critically and cre- atively about how business can Foundations of Finance respond to current global challenges BUSINESS CORE FINC-UB 2 4 units. by creating economic, social, and envi- Full course description can be found in ronmental value; and (3) speaking and Business Tools the Department of Finance section writing clearly and persuasively about (page 42). Principles of Financial Accounting business and society. ACCT-UB 1 4 units. Management & Organizations Full course description can be found in MGMT-UB 1 4 units. the Department of Accounting section Full course description can be found in (page 29). the Department of Management & Organizations section (page 50). Microeconomics *Approved courses may change each semester. ECON-UB 1 4 units. Students may not Please consult with an academic adviser or Introduction to Marketing check the current students website at apply advanced standing credit (AP, A- MKTG-UB 1 4 units. Levels, International Baccalaureate, etc.) stern.nyu.edu/portal-partners/current- Full course description can be found in students/undergraduate/academics/ to waive out of this requirement. the Department of Marketing section Prerequisite: MATH-UB 121 or equiva- degree-programs/business-program for (page 53). an updated approved list. lent (AP Calculus AB/BC scores of 4 or 5 or other approved advanced placement Operations Management **Students who wish to further their studies credit or score). OPMG-UB 1 4 units. in social impact and sustainability beyond Full course description can be found in Full course description can be found in the required Social Impact Core curriculum the Department of Economics section the Department of Operations may pursue the Sustainable Business co-con- (page 36). Management section (page 59). centration offered by the Business & Society Program (see page 64), or a cross-school Cohort Leadership Program minor in either Social Entrepreneurship or MULT-UB 9 0 units. Graded pass/fail. Public Policy & Management offered jointly Required for all frst year students. by faculty from Stern’s Business & Society Full course description can be found in Program and Wagner’s Graduate School of the Multidisciplinary Courses section Public Service (see pages 76-78 for more (page 69). information).

B A C H E L O R O F S C I E N C E D E G R E E P R O G R A M 16 Business & Society Intensive Law, Business, & Society The format of the course is a discussion SOIM-UB 3 2 units. SOIM-UB 6 4 units. seminar. Each class session may This is a required course for all Stern Prerequisite: Junior standing. include a variety of activities, includ- students who do not take SOIM-UB Every professional businessperson ing discussion, in-class reading and 125 in the spring of their first year. It must be aware of how legal systems writing, role-playing, and other par- provides an introduction to business work and affect the interaction of busi- ticipatory exercises. These various and to the Social Impact Core curricu- ness, society, and individuals. In this activities are designed and facilitated lum, and prepares students for the course, students examine what law can by the instructor to allow students to remaining three Social Impact Core do for business and society. The course engage in reflective dialogue. These courses. Students watch plenary ses- aims to promote dialogue and have discussions draw upon three different sions and review course readings prior students engage in discussions about sources: (1) students’ own personal to class meetings, which focus on dis- the relationship between law, business, experiences and values; (2) expert cussion and exercise. Key learnings and society; consider how laws may insights drawn from a variety of aca- include stakeholder analysis, the logic reflect societal norms, promote well- demic disciplines (including philoso- of tradeoffs and externalities, and how being, and express economic condi- phy, literature, history, and art, as well business leverages scale to solve social tions and assumptions; and examine as the natural and social sciences); and problems and create value. Students legal situations and dilemmas from the (3) relevant business cases. develop their critical thinking skills perspective of multiple stakeholders, by considering questions concerning while understanding the ambiguity in GLOBAL BUSINESS CORE the appropriate role of business in soci- predicting how the law will apply. ety. These themes are explored through a Economics of Global Business special set of readings specifically ECON-UB 11 4 units. Organizational Communication & drafted for this course by Stern faculty. Full course description can be found in Its Social Context Course readings draw upon judicial the Department of Economics section SOIM-UB 65 4 units. decisions, statutes, scholarly works, (page 36). Prerequisite: SOIM-UB 125, SOIM- and multimedia. Students are expected UB 3, and sophomore standing. to read the assignments prior to class International Studies Program Students learn how organizations com- meetings and reflect upon their mean- MULT-UB 11 4 units. municate with multiple types of audi- ing. Each class session may include a Full course description can be found in ences, focusing on the interconnections variety of experiential activities, the Multidisciplinary Courses section between business and society. The including discussion, analytical think- (page 69). course uses the stakeholder model of ing, writing, debates, and other partic- the corporation to introduce the strate- ipatory exercises. These activities are BS in Business Learning Goals gic implications of communication for designed to promote a reflective dia- The NYU Stern faculty developed and modern organizations. Students focus logue about course themes. approved the following four guiding on strategic and tactical aspects of cor- educational principles in 2005 as the porate communication to study and Professional Responsibility & foundational goals for the Bachelor of practice the ways in which organiza- Leadership Science in Business degree program at tions communicate to their varied SOIM-UB 12 2 units. NYU Stern. These goals describe the internal and external stakeholders. Prerequisite: SOIM-UB 6 and senior knowledge, skills, and values the Assignments help develop students’ standing. School expects students to have abilities in speaking and writing to Professional Responsibility & attained upon completion of their these varied audiences, both to inform Leadership (PRL) is an interdiscipli- undergraduate program study. and persuade. The course emphasizes nary capstone course that builds on I. Achieve profciency: Students bridging theoretical fundamentals prior coursework within the Social will achieve professional levels of com- while stressing action learning, which Impact Core curriculum as well as petence in core functions of business, includes applying communication other coursework at Stern and NYU. including oral and written strategy to: In PRL, students pursue the following communication. • oral and written business assign- learning objectives: II. Intellectualism: Students will ments, • to reflect on why they are embark- exhibit intellectual curiosity, high lev- • presentation delivery techniques, ing on a career in business and how els of intellectual engagement, and • visual communication analysis they intend to act as business profes- open-mindedness to new ideas and and practice, and sionals, alternative points of view. • team communication. • to think systemically about the III. Collaboration: Students will For specific questions or concerns risks and sources of resilience relevant develop the skills needed to thrive regarding this course, visit the to their professional lives, and in groups, organizations, and Department of Management • to cultivate the habit of engaging communities. Communications website at in reflective dialogue with diverse IV. Social impact: Students will stern.nyu.edu/experience-stern/about/ stakeholders. achieve an understanding of the role of departments-centers-initiatives/academic- business within our global society. departments/management-communication.

B A C H E L O R O F S C I E N C E D E G R E E P R O G R A M 17 Bachelor of Science in Business & PoliticalEconomyDegreeProgram

Stern’s Bachelor of prepares students for the offered in conjunction with Science degree pro- broadest array of careers – be the College of Arts & Science; gram in Business & it in multinational corpora- the Steinhardt School of Political Economy tions, government, nonprofit Culture, Education, & S (BPE) is designed organizations, and more. The Human Development; the to prepare students for today’s curriculum allows students to Tisch School of the Arts; and increasingly complex global explore interdisciplinary busi- the Wagner Graduate School business environment by ness topics through Stern’s of Public Service. focusing on the intersection of academic tracks which pro- Prospective students must markets, governments, laws, vide coursework in areas that apply directly to the BPE pro- and cultures. The program cross traditional business dis- gram when applying for first features a groundbreaking cur- ciplines. Stern students take year admission to NYU Stern. riculum that combines course- elective courses across the It is possible for a Stern BS in work in business, politics, and University to broaden their Business first year student to economics. To foster a unique intellectual experience. transfer into the BPE degree global perspective, the BPE Students may also pursue a program at the end of the first program includes consecutive minor or a second major in semester; however, transfer semesters of global study at the College of Arts & Science admission is competitive and NYU’s campuses in London in areas ranging from psychol- not guaranteed. For more and Shanghai. Students may ogy to the fine arts, or they information, visit stern.nyu.edu/ also choose to spend a semester can choose to minor at the portal-partners/current-students/ at NYU’s center in Washing- Steinhardt School of Culture, undergraduate/academics/ ton, D.C. or another NYU- Education, & Human degree-programs/business-political- affiliated global site. Development; the Tisch economy-program. Reflecting the interconnec- School of the Arts; the Requirements listed here tions found in today’s global- Tandon School of may differ slightly by BPE ized world, the BPE degree Engineering; or the Silver class year. BPE students seamlessly merges liberal arts, School of Social Work. should meet with their aca- social impact learning, and Students can also participate demic adviser to discuss their co-curricular experiences. The in one of Stern’s cross-school specific course of study. well-rounded BPE experience interdisciplinary minors

The Liberal Arts Core tistics, natural science, non-U.S. cul- Language Requirement The cornerstone of the Stern curricu- ture, and more. Courses include: Students must complete a language lum is a solid grounding in the liberal • Calculus I (or higher level math- requirement through the Intermediate arts and sciences. For students in the ematics course) II level of a language at NYU. Certain BPE program, the Liberal Arts Core • Statistics advanced standing exams or NYU includes four courses designed to • Area Studies course (typically proficiency exams may exempt a stu- taken in London or Shanghai) dent from this requirement. This hone critical quantitative skills, pro- • An approved Natural Science should be determined in conjunction mote creative and logical thinking, course in anthropology, biology, with an academic adviser. and heighten cultural awareness, chemistry, environmental stud- focusing on the regions in which stu- ies, physics, psychology, or dents study abroad. The Liberal Arts Physical Science or Life Science Core includes courses in calculus, sta- in the College Core Curriculum of the College of Arts & Science

B A C H E L O R O F S C I E N C E I N B U S I N E S S A N D P O L I T I C A L E C O N O M Y 18 Business Core Courses include: Tracks The Business Core provides an intro- • Business & Society Tracks were developed by a committee duction to the key business disciplines • Organizational Communication of Stern faculty to provide students of accounting, finance, and marketing, & Its Social Context with a roadmap of coursework to help as well an introduction to global busi- • Law, Business, & Society them develop both intellectually and ness. After completing these business • Professional Responsibility & professionally in areas of interest that fundamentals, students choose addi- Leadership cross traditional disciplines. With tional business courses to complete the careful planning, a BPE student may BPE Stern elective requirements. The Capstone pursue a track. More information on required courses are: The BPE Senior Seminar is a capstone tracks can be found in the Tracks sec- • Principles of Financial experience that draws on all the busi- tion (page 79). Accounting ness, politics, and economics course- • Foundations of Finance work students have taken throughout Cross-School Minors • Introduction to Marketing their four years at Stern. These minors offer Stern students an • Cohort Leadership Program (Full opportunity to broaden their academic course description can be found in the University Electives interests beyond the traditional fields. Multidisciplinary Courses section on Electives are courses used to complete Cross-school minors allow students to page 69.) sample a variety of interrelated course- As an additional course, students may a minor, fulfill the foreign language proficiency, delve deeper into an area work that marry some of the most per- choose to participate in the tinent subjects from Stern and other International Studies Program, which of business, or sample an array of intel- lectual perspectives. It is recom- schools at NYU. The Stern cross- would count toward a student’s busi- school minors are: ness elective space. mended that two courses have an international focus (not including for- • Advanced Mathematical eign language courses or courses Methods (with CAS) Politics Core required by a study abroad site). • Business of Entertainment, The Politics Core introduces students Students are required to take certain Media, & Technology (with the to the study of politics through coursework toward their elective area Steinhardt School of Culture, coursework covering political theory, as part of the study away experience. Education, & Human comparative politics, international For example, at a study away site, Development and the Tisch relations, and political economy. there may be site-specific required School of the Arts) Classes stress the challenges of global- courses such as language courses. • Public Policy & Management ization as well as focus on how politics, At least 16 units of electives must (with the Wagner Graduate economics, and business interact at the be from Stern’s business classes. These School of Public Service) international level. Courses include: may be distributed broadly or could be • Social Entrepreneurship (with • Introduction to Economic & used toward a track (see the Tracks the Wagner Graduate School of Political Thought section). To complete elective require- Public Service) • World Politics (taken in London) ments, students take courses in the • Political Economy of East Asia College of Arts & Science (-UA); the Minors through Other NYU (taken in Shanghai) Steinhardt School of Culture, Schools • Business & Government Education, & Human Development (- UE); the Tisch School of the Arts (- Students may pursue any cross-school Economics Core UT); the Wagner Graduate School of minor offered through NYU with the Public Service (-GP); the Silver School exception of minors offered through The Economics Core exposes students the School of Professional Studies. to the major concepts, tools, and of Social Work (-US); the Tandon School of Engineering (-UY); the Other restrictions may apply. Visit debates of economics today, with a nyu.edu/students/undergraduates/acade- strong focus on global economic link- Gallatin School of Individualized Study (-UG); and the College of mic-services/undergraduate- ages and trends. Courses include: advisement/unique-academic-opportunities • Microeconomics Global Public Health (-GU). Students do not receive credit for courses taken /cross-school-minors for more information • Introduction to Macroeconomics on these options. • International Economics through the School of Professional • Economics elective Studies; therefore, Stern students are not permitted to enroll in courses Concentrations through any SPS programs. BPE students have three designations Social Impact Core included in their major: business, poli- The Social Impact Core is a sequence A Second Major in the College tics, and economics. BPE students are of courses focusing on issues of per- of Arts & Science (CAS) unable to pursue business concentra- sonal and professional ethics; corporate tions (examples: finance, accounting, social responsibility; the role of law in It may be possible for a student to com- marketing, management, computing business and commerce; and the inter- plete a second major through CAS & data science, etc.), but can still take connections between corporations, except economics or politics. Students the same coursework as BS in Business markets, cultures, governments, and interested in pursuing a major within students who may be pursuing our global society. Coursework empha- CAS should meet with their academic concentrations. sizes writing, debate, and discussion. adviser early on in their academic careers to ensure they can fulfill all the require- ments. Consult the Stern and CAS web- sites for more specific information.

B A C H E L O R O F S C I E N C E I N B U S I N E S S A N D P O L I T I C A L E C O N O M Y 19 Course THE LIBERAL ARTS CORE Natural Science Course and sectoral analysis to examine the Full information regarding this political economy of East Asia, specifi- Descriptions requirement can be found in the cally China. The three primary objec- Mathematics tives are to (1) understand the Students are required to take Calculus Foundations of Scientific Inquiry sec- historical trajectory of China’s develop- I (MATH-UA 121) or a higher-level tion on page 15. ment path; (2) consider in what ways mathematics course. Students with and to what degree the growth experi- qualifying scores in certain AP and BUSINESS CORE ences of East Asia’s high-performing other foreign maturity exams (IB, A- economies helped inform China’s eco- Level, etc.) may apply credit to satisfy Principles of Financial Accounting nomic policymakers’ decisions and the Calculus I requirement. Refer to ACCT-UB 1 4 units. shed light on the prospects for the pages 104-106 for a full listing of Full course description can be found in long-term success of reforms in China; these equivalences. the Department of Accounting section and (3) assess the state of China’s con- (page 29). temporary political economy and the Calculus I government’s current role in generat- Foundations of Finance ing or inhibiting economic activity. MATH-UA 121 4 units. FINC-UB 2 4 units. Full course description can be found Full course description can be found in on page 14. Business & Government the Department of Finance section BPEP-UB 5 4 units. Junior fall. (page 42). Statistics This course examines the institutional and intellectual domain that defines Statistics for Business Control and Introduction to Marketing the relationships between business and Regression & Forecasting Models MKTG-UB 1 4 units. government. The relationships are STAT-UB 103 6 units. Full course description can be found in extensive, in many instances necessary, This course combines both Statistics the Department of Marketing section and often controversial. Topics of for Business Control (4 units) and (page 53). interest include areas where govern- Regression & Forecasting Models (2 ment - as a matter of public interest - units) into a single 6-unit course. This Cohort Leadership Program exerts its influence over business 6-unit course is recommended. MULT-UB 9 0 units. First year fall. through regulations as well as areas Full course description can be found in Full course description can be found in where business enters the political fray the Department of Statistics section the Multidisciplinary Courses section to influence government activity. The (page 61). (page 69). goal is to help students appreciate that though the particulars of the relation- Or the following two classes in two POLITICS CORE ship differ across countries and times, consecutive semesters: Introduction to Economic & the relationship itself plays a definitive Political Thought role in shaping the practice of business Statistics for Business Control BPEP-UB 1 4 units. First year fall. and the nature of society. The course STAT-UB 1 4 units. This course explores political theory has two parts: (1) a conceptual frame- Full course description can be found in with an emphasis on modern theory work (e.g. decision-making in democ- the Department of Statistics section and issues of political economy. The racy, market failure, public goods, and (page 61). course has three main objectives. First, rent seeking) and (2) applications (e.g. students are introduced to different the role of regulatory agencies, and theories of politics. Second, the course antitrust, industrial and competition has a major writing component and is policy, and business lobbying). Regression & Forecasting Models designed to improve students’ writing STAT-UB 3 2 units. abilities. Third, the course challenges Economics Core Full course description can be found in students intellectually and asks them Microeconomics the Department of Statistics section to analyze and debate ethical and (page 61). ECON-UB 1 4 units. First year. moral issues created by different eco- Full course description can be found in nomic and political choices. Area Studies Elective the Department of Economics section (page 36). Students are encouraged to learn more World Politics about the culture, history, and politics BPEP-UB 9010 4 units. Sophomore Introduction to Macroeconomics of the countries and regions they visit fall. BPEP-UB 2 4 units. First year spring. while abroad. They choose a course This course introduces the central con- This course focuses on the economy as that focuses on one or more of these cepts and methods for studying inter- a whole (the “macroeconomy”), start- areas. Some examples of acceptable national politics, comparative politics, ing with the meaning and measure- courses offered in the past include: and international relations. It discusses ment of important macroeconomic • Architecture in London: Field how incentives, political institutions, data (such as unemployment, inflation, Study and domestic politics shape interac- and output) and moving on to the • Writing London tions in the international arena, and basic theory of production and the • Understanding the EU gives students analytical tools as a behavior of the overall economy. • Politics of the Near & Middle means to evaluate political perspec- Topics include long-run economic East tives based on logic and evidence. growth and the standard of living; the • History of Modern China since causes and consequences of economic 1840 Political Economy of East Asia booms and recessions; the role of the • Global Media Seminar: Media in BPEP-SHU 9042 4 units. Sophomore financial sector, the banking system, China spring. and the central bank (the Federal • Topics in Environmental Values This course uses theories of trade, Reserve in the U.S.); and the govern- & Society: Chinese political economy, collective action, ment debt and sovereign insolvency. Environmental Governance The course examines the role of gov-

B A C H E L O R O F S C I E N C E I N B U S I N E S S A N D P O L I T I C A L E C O N O M Y 20 ernment monetary and fiscal policies SOCIAL IMPACT CORE BS in Business & Political in the U.S. and around the world. Business & Society Economy Learning Goals SOIM-UB 125 4 units. First year The NYU Stern faculty developed and International Economics spring. approved the following four guiding ECON-UA 9238 4 units. Sophomore Full course description can be found educational principles in 2013 as the fall. on page 16. foundational goals for the Bachelor of Prerequisites: ECON-UB 1 and BPEP- Science in Business & Political UB 2. Organizational Communication & Economy degree program at NYU This course starts with the theory of Its Social Context Stern. These goals describe the knowl- international trade in goods, services, SOIM-UB 65 4 units. Sophomore year. edge, skills, and values the School labor, and capital. Issues discussed Full course description can be found expects BPE students to have attained include gains from trade and their on page 17. upon completion of their undergradu- effect on income distribution; analysis ate program of study. of protectionism and trade barriers; Law, Business, & Society strategic trade theories; and efforts to SOIM-UB 6 4 units. Junior year. I. Achieve profciency: Students will liberalize trade relations among coun- Full course description can be found achieve professional levels of compe- tries. The course then turns to interna- on page 17. tence in core functions of business, tional macroeconomics and covers including written communication topics such as trade balances, capital Professional Responsibility & skills, and understanding of the princi- flows, and the determinations of Leadership ple theories of international politics exchange rates. Other topics include SOIM-UB 12 2 units. Senior fall. and economics. foreign exchange markets, exchange Full course description can be found rate regimes, and currency unions. on page 17. II. Intellectualism: Students will International economic policy and exhibit intellectual curiosity, high lev- institutions are discussed. els of intellectual engagement, and CAPSTONE open-mindedness to new ideas and Economics Elective BPE Senior Seminar alternative points of view. Students build on the previous eco- BPEP-UB 8 4 units. nomics courses by selecting an upper- The seminar focuses on the major eco- III. Global experiences: Students division economics course of their nomic, business, and political chal- will demonstrate their understanding choice. See the Department of lenges facing the world today. The of different cultural and political envi- Economics section on page 36 for focal point of the course is an original ronments around the world and their detailed information about available research paper on any topic related to ability to work professionally in a cross economics courses within Stern and the BPE curriculum. Students work cultural environment. CAS. with the faculty to choose a topic, develop a hypothesis, and conceive a IV. Social impact: Students will research approach. Draft papers are achieve understanding of the role of reviewed and students make presenta- business within our global society tions to the class. The paper is a chal- lenging project that prepares students for their future careers as leaders in business and government.

B A C H E L O R O F S C I E N C E I N B U S I N E S S A N D P O L I T I C A L E C O N O M Y 21 Stern Bachelor of Science (BS) in Business—Tisch Bachelor of Fine Arts (BFA) in Film & Television Dual-Degree Program

he Stern-Tisch ters) to complete all require- Students in the program BS/BFA is ments. It is open to first year complete the full curricular designed for stu- students and sophomores cur- requirements of both the BS T dents with a pas- rently enrolled in either the degree with a major in busi- sion for film and television, and BS in Business program at ness as well as the full BFA an interest in the business Stern or the Kanbar degree in the Film & aspects of these industries. Department of Undergraduate Television program at Tisch. Bringing together two world- Film & Television at Tisch. For a full listing of course class NYU schools and all the Interested and eligible stu- requirements for both pro- resources they provide, the pro- dents apply as dual-degree grams as well as full eligibil- gram offers students the oppor- transfer students in the early ity criteria and specific tunity to combine full degrees part of the spring semester. application information, stu- in both film and television and Tisch applicants must clearly dents are encouraged to visit business. Students gain busi- demonstrate in their applica- the website at stern.nyu.edu/ ness and creative skills compa- tion a capacity for success in portal-partners/current-students/ rable to those who are enrolled the Stern curriculum as well undergraduate/academics/ in either program individually. as a strong interest in the field degree-programs/stern-tisch-bs-bfa. Graduates are uniquely pre- of business. Stern applicants Students interested in learn- pared to pursue entrepreneurial must show their interest in ing more are welcome to meet creative endeavors or embark the area of film and television with the specified program on careers in the film and tele- through the submission of a advisers and faculty listed on vision industry. creative portfolio. The pro- the site. The dual degree consists of gram is highly selective and 160 units and takes approxi- only a handful of students are mately five years (10 semes- admitted each year.

Curriculum GENERAL COURSES Humanities Requirement Courses include: (for students entering Students must complete a humanities • Calculus I (or higher level Expository Writing requirement. Courses include: mathematics course) from Stern)* Requirement • An approved Natural Science • Texts & Ideas course in anthropology, biology, Students must complete an exposi- • Cultures & Context chemistry, environmental stud- tory writing requirement. Courses Or ies, physics, psychology, or include: • Global Cultures Physical Science or Life Science *Students who enter into the pro- • Writing the Essay in the College Core Curriculum gram from Tisch should confer • Commerce & Culture with their academic adviser or Mathematics & Natural Science of the College of Arts & Science review information on the Tisch Students must complete a mathemat- website for their specific curricu- ics and natural science requirement. lar requirements.

B S / B F A D U A L D E G R E E P R O G R A M 22 University Electives Film/TV Additional Business core. It begins in the sopho- Electives are courses used to complete Students must complete three courses more year with the Economics of a minor, delve deeper into an area of equal to at least 12 units total. Global Business, a course combining business, or sample an array of intel- the study of macroeconomics and international trade. In the spring lectual perspectives. A minimum of 8 STERN COURSES units must be taken in the Liberal term of junior year, students take the International Studies Program, a Arts. Business Tools To complete elective require- strategy-based course that teaches ments, students take courses in the • Microeconomics them how to understand the competi- College of Arts & Science (-UA); the • Statistics tive positioning of a company in its Steinhardt School of Culture, • Principles of Financial industry, country, and international Education, & Human Development (- Accounting context. The course includes a one- UE); the Tisch School of the Arts (- week visit to a country in Asia, UT); the Wagner Graduate School of Functional Business Core Europe, or Latin America to experi- Public Service (-GP); the Silver Students may choose four of the fol- ence the culture firsthand and to meet School of Social Work (-US); the lowing six courses; however, students with executives of a major corpora- Tandon School of Engineering (-UY); are encouraged to take all six to gain a tion based in that country. the Gallatin School of Individualized more solid foundation in business fun- Study (-UG); and the College of damentals, which can help them make Business Concentration Global Public Health (-GU). better informed decisions about which Every Business Program student at Students do not receive credit for Stern concentration(s) to pursue: Stern receives a primary major in courses taken through the School of • Managerial Accounting Business and must select one of the Professional Studies; therefore, Stern • Foundations of Finance business areas as a concentration. students are not permitted to enroll • Information Technology in Concentrations, with requirements in courses through any SPS programs. Business & Society and courses, are described within the • Management & Organizations academic department sections of this TISCH COURSES** • Introduction to Marketing bulletin. Students should consult • Operations Management with their academic adviser in the Stern Office of Academic Advising to Core Production Social Impact Core determine exact course sequence and Students must complete four courses. The Social Impact Core is a four- selection of electives. Co-concentra- At least two of the courses must come course sequence focusing on issues of tions must be taken in conjunction from the following three options: personal and professional ethics; cor- with another concentration. Stern • Sight & Sound: Filmmaking porate social responsibility; the role of concentration areas include: • Sight & Sound: Studio law in business and commerce; and • Accounting (CPA BS/MS or • Sight & Sound: Documentary the interconnections between corpo- General Accounting) rations, markets, cultures, govern- • Actuarial Science History & Criticism ments, and our global society. The • Computing & Data Science • Economics Students must complete a minimum four courses include: • Entrepreneurship co-concentra- of three courses equal to at least 9 • Business & Society tion units total. • Organizational Communication & Its Social Context • Finance • Global Business co-concentra- Script Writing • Law, Business, & Society • Professional Responsibility & tion Students must complete Storytelling Leadership • Management & Organizations Strategies and two additional courses. • Marketing • Operations Global Business Core **For a full listing of Tisch Craft Production Safety • Statistics course offerings and descriptions Students must complete Production The NYU Stern experience is • Sustainable Business designed to broaden each student’s refer to their website at Safety & Set Protocol. co-concentration wikis.nyu.edu/pages/ view of the world. Given the undeni- viewpage.action?spaceKey= ably global scope of business in the tsoaftv&title=Class+ 21st century, all students are required Schedules. to satisfy the two-course Global

Course GENERAL COURSES Humanities Cultures & Contexts Expository Writing Students are required to take two CORE-UA 05XX 4 units. Descriptions courses: Texts & Ideas CORE-UA Full course description can be found Writing the Essay 04XX and either Cultures & on page 15. EXPOS-UA 1 4 units. Contexts CORE-UA 05XX* or Full course description can be found Global Cultures XXGC-UF (through *Students may fulfill this requirement with on page 14. the NYU Liberal Studies Program). select pre-approved courses from various NYU study-away sites. Students should Or Texts & Ideas refer to the Undergraduate Current Students Commerce & Culture CORE-UA 04XX 4 units. Academics website at stern.nyu.edu/por- MULT-UB 100 4 units. Full course description can be found tal-partners/current-students/ Full course description can be found in on page 15. undergraduate/academics/ the Multidisciplinary Courses section degree-programs/business-program for (page 69). the most current list of approved courses.

B S / B F A D U A L D E G R E E P R O G R A M 23 Or Film/TV Additional Courses Global Business Core Economics of Global Business Global Cultures STERN COURSES ECON-UB 11 4 units. XXGC-UF 4 units. Full course description can be found Full course description can be found Business Tools in the Department of Economics sec- on page 15. tion (page 36). Principles of Financial Accounting Mathematics & Natural Science ACCT-UB 1 4 units. International Studies Program Full course description can be found Students are required to take Calculus MULT-UB 11 4 units. in the Department of Accounting sec- I (MATH-UA 121) or a higher-level Full course description can be found tion (page 29). mathematics course. Students with in the Multidisciplinary Courses sec- qualifying scores in certain AP and tion (page 69). Microeconomics other foreign maturity exams (IB, A- ECON-UB 1 4 units. First year. Level, etc.) may apply credit to satisfy Full course description can be found Functional Business Core the Calculus I requirement. Refer to in the Department of Economics sec- Students must select at least four of pages 104-106 for a full listing of tion (page 36). the six courses in this core. All these equivalences. courses require at least sophomore STAT-UB 103 6 units. standing. Calculus I This course combines both Statistics MATH-UA 121 4 units. for Business Control (4 units) and Managerial Accounting Full course description can be found Regression & Forecasting Models (2 ACCT-UB 4 4 units. on page 14. units) into a single 6-unit course. Full course description can be found This 6-unit course is recommended. in the Department of Accounting sec- Natural Science Course Full course description can be found tion (page 29). Full information regarding this in the Department of Statistics sec- requirement can be found in the tion (page 61). Foundations of Finance Foundations of Scientific Inquiry sec- FINC-UB 2 4 units. tion on page 15. Or the following two classes in two Full course description can be found consecutive semesters: in the Department of Finance section TISCH COURSES (page 42). Statistics for Business Control Core Production STAT-UB 1 4 units. Management & Organizations At least two of the four courses must Full course description can be found MGMT-UB 1 4 units. come from the following three in the Department of Statistics sec- Full course description can be found options: tion (page 61). in the Department of Management & Organizations section (page 50). Sight & Sound: Filmmaking and FMTV-UT 43 6 units. Introduction to Marketing Regression & Forecasting Models MKTG-UB 1 4 units. Sight & Sound: Studio STAT-UB 3 2 units. Full course description can be found FMTV-UT 51 6 units. Full course description can be found in the Department of Marketing sec- in the Department of Statistics sec- tion (page 53). Sight & Sound: Documentary tion (page 61). FMTV-UT 80 6 units. Operations Management Social Impact Core OPMG-UB 1 4 units. Full course description can be found Plus at least 8 additional units of pro- Business & Society duction coursework in the Department of Operations SOIM-UB 125 4 units. First year Management section (page 59). spring. History & Criticism Full course description can be found Information Technology in Choose a minimum of three courses on page 16. Business & Society for at least 9 units. TECH-UB 1 4 units. Organizational Communication & Full course description can be found Script Writing Its Social Context in the Department of Computing & SOIM-UB 65 4 units. Sophomore year. Data Science section (page 33). Storytelling Strategies Full course description can be found FMTV-UT 20 4 units. on page 17. Business Concentration Plus at least 8 additional units of Law, Business, & Society Students must select at least one script writing coursework SOIM-UB 6 4 units. Junior year. Business concentration as part of their Full course description can be found Bachelor of Science in Business. For a Craft Production Safety on page 17. full listing of these options, please see page 14. Production Safety & Set Protocol Professional Responsibility & FMTV-UT 101 1 unit. Leadership SOIM-UB 12 2 units. Senior fall. Full course description can be found on page 17.

B S / B F A D U A L D E G R E E P R O G R A M 24 Stern Bachelor of Science (B S)– Master in Accounting (MS) Dual Degree Program

he BS/MS in and-a-half years. Students the power of the dual degree Accounting Pro- begin the MS degree require- in fields as diverse as consult- gram is an acceler- ments while still matriculated ing, investment banking, pri- T ated dual-degree as undergraduates and as a vate equity, mergers and program unique to the Stern result, are able to complete acquisitions, as well as in Undergraduate College. The the MS degree in the summer entrepreneurial ventures. program graduated its first immediately following gradu- The program boasts an class in 2010. Stern under- ation from the Undergraduate alumni network with a global graduates who apply and are College. The accelerated for- reach and universal appeal. accepted to this academically mat also empowers students Recent graduates have shared rigorous track have the benefit who plan to earn a CPA stories about joining teams of earning two distinct license in New York State to where they work alongside degrees, a Bachelor of Science sit for all four parts of the other program alumni. The in Business from the Stern CPA Exam in as early as alumni remain a critical force Undergraduate College and a spring of their senior year. in the BS/MS in Accounting Master of Science in Certified This means that most BS/MS Program, returning to cam- Public Accounting from the students will have passed the pus to mentor and inspire the Stern Graduate School. Stu- licensure exam before starting next generation. dents in the BS/MS in full-time employment. The BS/MS in Accounting Accounting Program can BS/MS in Accounting stu- Dual-Degree Program is only study away as well as pursue a dents regularly secure coveted open to NYU Stern under- second Stern concentration or positions in auditing, taxa- graduates enrolled in the a minor or additional major at tion, forensic accounting, or Business Program. Admission CAS - options that can ulti- advisory in one of the Big 4 is open to first year students mately enhance their academic or Mid-Tier Accounting and sophomores, however, and professional opportunities. firms. In recent years, gradu- interested juniors and seniors By design, the program sat- ates have also been able to are encouraged to meet with isfies the educational require- earn CPA licenses outside of an academic adviser and may ment to become a licensed New York State, including be considered on a case-by- Certified Public Accountant but not limited to Illinois, case basis. Students with a (CPA) in New York State, New Jersey, Connecticut, minimum cumulative GPA of offering students the opportu- Florida, and California. The 3.0 and grades of B or better nity to earn 150 units in an BS/MS in Accounting in accounting coursework abbreviated time frame. The Program also opens up a who have an interest in the BS degree is completed in world of opportunities to stu- dual degree are encouraged to four years, or with careful dents beyond the field of apply. planning, in as little as three- accounting. Students utilize

B S / M S D U A L D E G R E E P R O G R A M 25 Curriculum Students in the BS/MS in Accounting debate, and discussion. Courses Academic Standards for Program are required to earn a mini- include: Students in the BS/MS in mum of 134 units as part of the • Business & Society Accounting Program undergraduate degree and 16 units as • Organizational Communication & part of the graduate degree. Its Social Context To maintain good academic standing • Law, Business, & Society in the BS/MS in Accounting Dual- Degree Program, students must earn THE LIBERAL ARTS CORE • Professional Responsibility & Leadership a grade of B or better in all account- • Calculus I (or higher level mathe- ing coursework, maintain a minimum matics course) Global Business Core cumulative GPA of 3.0, and maintain • Writing the Essay or Commerce & a minimum semester GPA of 3.0. Culture The NYU Stern experience is • Writing Proficiency Exam designed to broaden each student’s Academic Warning view of the world. Given the undeni- • Texts & Ideas Students receive a letter of academic ably global scope of business in the • Cultures & Contexts (CAS) or warning if they earn a grade of B- in 21st century, all students are required Global Cultures (Liberal Studies)* an accounting course. Students are to satisfy the two-course Global • Natural Science (CORE-UA 200- advised to seek counseling from the Business core. 399 or approved departmental BS/MS in Accounting Program aca- • Economics of Global Business course)** demic adviser to discuss recommen- • International Studies Program dations for achieving an appropriate BUSINESS CORE standard for academic performance. Accounting (CPA Track) The Business core is the curricular foundation of the Business Program Concentration Requirements Academic Probation at Stern. As part of this core, stu- • Financial Statement Analysis Any student whose record is deemed dents are required to take the “key • Financial Reporting & Analysis unsatisfactory is placed on academic tools” courses that serve as the essen- • Advanced Managerial Accounting probation for the BS/MS in tial building blocks of any business • Taxation of Individuals & Business Accounting Program and is informed concentration. In addition to these, Income by letter. A record is deemed unsatis- students are offered a menu of six factory if in any semester the cumula- functional courses from which they Master’s Degree Requirements tive GPA falls below 3.0; the must choose at least four to serve • Financial Statement Modeling *** semester GPA is below 3.0 (even if as the basis for their selected • Auditing *** the cumulative GPA is above 3.0); concentration(s). • Accounting for Financial and/or the student earns a grade of Instruments C+ or below in an accounting course. Business Tools • Advanced Accounting Concepts Dismissal • Cohort Leadership Program • Internal Controls & Accounting • Microeconomics Information Systems Following one semester of probation, • Statistics • Data Analysis & Management a student may be dismissed from the • Principles of Financial Accounting • Topics: Advanced Communication BS/MS in Accounting Program if the in Accounting student fails to satisfy the conditions Functional Business Core of the probation. If a student is placed on probation Students must select Managerial University Electives during the second-to-last semester in Accounting and Foundations of the BS in Business Degree Program Finance as two of the four required Electives are courses used to complete and fails to satisfy the conditions of functional core courses. Students a minor, delve deeper into an area of *Note: Students at the Stern probation at the conclusion of the must choose at least two additional business, or sample an array of intel- final semester in the BS Program, the School of Business are required courses from the remaining four lectual perspectives. A minimum of to take foundational courses in student may not be permitted to courses: 20 units must be taken from a non- matriculate into the MS in the liberal arts through the gen- Business area. eral education program of the • Managerial Accounting Accounting Program. • Foundations of Finance College of Arts & Science. This To complete elective requirements, group of courses is known as the • Information Technology in Business MS in Accounting Program College Core Curriculum and & Society students take courses in the College • Introduction to Marketing of Arts & Science (-UA); the Admission to the MS in Accounting designated as CORE-UA Program is contingent upon comple- XXXX. • Management & Organizations Steinhardt School of Culture, • Operations Management Education, & Human Development (- tion of the BS in Business Program. Conferral of the MS in Accounting **Note: Approved course in UE); the Tisch School of the Arts (- UT); the Wagner Graduate School of degree is dependent upon the student anthropology, biology, chemistry, Social Impact Core earning a cumulative GPA of 2.5 or environmental studies, physics, Public Service (-GP); the Silver The Social Impact Core is a sequence School of Social Work (-US); the better and satisfying any other degree psychology, or physical science or of courses focusing on issues of per- requirements maintained by the life science in the College Core Tandon School of Engineering (-UY); sonal and professional ethics; corpo- the Gallatin School of Individualized Graduate School of the Stern School Curriculum of the College of Arts rate social responsibility; the role of of Business & Science. Study (-UG); and the College of law in business and commerce; and Global Public Health (-GU). the interconnections between corpo- Students do not receive credit for *** Financial Statement rations, markets, cultures, govern- Modeling and Auditing are taken courses taken through the School of ments, and our global society. Professional Studies; therefore, Stern as part of the BS degree, but sat- Coursework emphasizes writing, isfy both BS and MS degree students are not permitted to enroll requirements. in courses through any SPS programs.

B S / M S D U A L D E G R E E P R O G R A M 26 Course THE LIBERAL ARTS CORE for Business Control (4 units) and SOCIAL IMPACT CORE Calculus I Regression & Forecasting Models (2 Business & Society Descriptions MATH-UA 121 4 units. units) into a single 6-unit course. SOIM-UB 125 4 units. First year Students are required to take Calculus This 6-unit course is recommended. spring. I (MATH-UA 121) or a higher-level Full course description can be found Full course description can be found mathematics course. Students with in the Department of Statistics sec- on page 16. qualifying scores in certain AP and tion (page 61). other foreign maturity exams (IB, A- Organizational Communication & Level, etc.) may apply credit to satisfy Or the following two classes in two Its Social Context the Calculus I requirement. Refer to consecutive semesters: SOIM-UB 65 4 units. Sophomore stand- pages 104-106 for a full listing of ing. these equivalences. Full course Statistics for Business Control Full course description can be found description can be found on page 14. STAT-UB 1 4 units. on page 17. Full course description can be found Writing the Essay in the Department of Statistics sec- Law, Business, & Society EXPOS-UA 1 4 units. tion (page 61). SOIM-UB 6 4 units. Junior year. Full course description can be found Full course description can be found on page 14. and on page 17.

Or Regression & Forecasting Models Professional Responsibility & STAT-UB 3 2 units. Leadership Commerce & Culture Full course description can be found SOIM-UB 12 2 units. Senior fall. MULT-UB 100 4 units. in the Department of Statistics sec- Full course description can be found Full course description can be found tion (page 61). on page 17. in the Multidisciplinary Courses sec- tion (page 69). FUNCTIONAL BUSINESS GLOBAL BUSINESS CORE CORE Economics of Global Business Texts & Ideas Students must select Managerial CORE-UA 4XX 4 units. ECON-UB 11 4 units. Accounting and Foundations of Full course description can be found Full course description can be found Finance as two of the four required on page 15. in the Department of Economics sec- functional core courses. All courses tion (page 36). require at least sophomore standing. Cultures & Contexts CORE-UA 5XX 4 units. International Studies Program Managerial Accounting MULT-UB 11 4 units. Full course description can be found ACCT-UB 4 4 units. on page 15. Full course description can be found Full course description can be found in the Multidisciplinary Courses sec- in the Department of Accounting sec- tion (page 69). Natural Science Course tion (page 29). CORE-UA 200-399 (or approved department course) 4 units. Foundations of Finance ACCOUNTING (CPA TRACK) Full information regarding this FINC-UB 2 4 units. CONCENTRATION requirement can be found in the Full course description can be found REQUIREMENTS Foundations of Scientific Inquiry sec- in the Department of Finance section Financial Statement Analysis tion on page 15. (page 42). ACCT-UB 3 3 units. Full course description can be found BUSINESS TOOLS Management & Organizations in the Department of Accounting sec- Principles of Financial Accounting MGMT-UB 1 4 units. tion (page 29). ACCT-UB 1 4 units. Full course description can be found Full course description can be found in the Department of Management & Financial Reporting & Analysis in the Department of Accounting sec- Organizations section (page 50). ACCT-GB 6302 3 units. tion (page 29). Full course description can be found Introduction to Marketing in the Department of Accounting sec- Microeconomics MKTG-UB 1 4 units. tion (page 29). ECON-UB 1 4 units. First year. Full course description can be found Full course description can be found in the Department of Marketing sec- Advanced Managerial Accounting in the Department of Economics sec- tion (page 53). ACCT-GB 6331 3 units tion (page 36). Full course description can be found Operations Management in the Department of Accounting sec- Cohort Leadership Program OPMG-UB 1 4 units. tion (page 29). MULT-UB 9 0 units. Graded pass/fail. Full course description can be found Required for all first year students. in the Department of Operations Taxation of Individuals & Full course description can be found Management section (page 59). Business Income in the Multidisciplinary Courses sec- ACCT-GB 6380 3 units. tion (page 69). Information Technology in Full course description can be found Business & Society in the Department of Accounting sec- Statistics for Business Control and TECH-UB 1 4 units. tion (page 29). Regression & Forecasting Models Full course description can be found STAT-UB 103 6 units. in the Department of Computing & This course combines both Statistics Data Science section (page 33).

B S / M S D U A L D E G R E E P R O G R A M 27 MASTER’S DEGREE foreign currency financial statements ple calculations to sophisticated sta- REQUIREMENTS and foreign currency transactions; and tistical models, data analysis calls for: Financial Statement Modeling (4) accounting for derivatives, includ- (1) asking the right questions, (2) ACCT-GB 6300 3 units. ing the use of derivatives in hedging acquiring, transforming, and analyz- Full course description can be found transactions. ing data, and (3) effective presenta- in the Department of Accounting sec- tion of results. The course introduces tion (page 29). Internal Controls & Accounting concepts in data management and Information Systems analysis, reviews the use of spread- Auditing ACCT-GB 6415 4 units. sheets and SQL (Structured Query), ACCT-GB 6313 3 units. Prerequisite: ACCT-UB 3. and presents tools for visual analytics Full course description can be found Information technologies impact and statistical programming. in the Department of Accounting sec- every aspect of accounting, including Students learn how to apply these tion (page 29). financial reporting, managerial skills to accounting-related areas such accounting, auditing, and taxation. as fundamental analysis, management Accounting for Financial The storage of business assets and consulting, and auditing. In addition, Instruments financial information has led to recent the class surveys topics such as ACCT-GB 6317 3 units. professional pronouncements requir- machine learning and XBRL Prerequisite: ACCT-UB 3. ing that accounting professionals (eXtensible Business Reporting This course provides a conceptually understand the technology controls Language) and considers the impact sound and comprehensive treatment used to process and record this infor- of analytics in industry and on the of the complex, developing, and mation. As information increasingly accounting profession. The course imperfectly consistent financial becomes digitalized, significant concludes with a final project to reporting rules for financial instru- opportunities exist for accounting demonstrate end-to-end data analysis ments and particularly structured professionals and their firms to lever- skills. financial transactions. Two related age technology tools to become more facts provide the context for this efficient in performing traditional Topics in Advanced course: (1) market participants con- services and open opportunities for Communication in Accounting tinually design new financial instru- new client services. The purpose of MCOM-GB 6205 2 units. ments and transactions and (2) the this course is to help students under- Prerequisite: ACCT-UB 3. half-life of new financial reporting stand how to use and participate in Persuasive communication is vital to rules for financial instruments is the design of accounting information many aspects of business life. This about five years. Given these facts, systems and how to audit these sys- advanced course blends theoretical the course aims to provide students tems. The course also helps students models for effective persuasion with with the intellectual tools to under- learn how to assess and consider the practical application of course mate- stand new financial reporting rules impact of IT governance, risk, and rial in simulated accounting settings. for financial instruments and transac- compliance on accounting functions, Exercises focus on communicating to tions as they are written and to focusing on how IT affects business potential audiences of internal and understand how newly developed process and controls as well as the external colleagues including peers, financial instruments and transactions impact on financial reporting. The senior managers, clients, and poten- can stress existing financial reporting course also enables students to under- tial new business partners. rules. Such understanding requires an stand issues and developments in IT awareness of the economically impor- Auditing so that as practitioners, they CPA Licensure Disclosure tant features of the transactions and can properly determine how to assess Statement how, generally, these features are only accounting system controls to effec- Graduates of the BS/MS in partially captured by financial report- tively address the adequacy of con- Accounting Program satisfy the edu- ing rules. trols in audited systems or for those cational requirements for the CPA systems for which they have manage- licensure in New York State. For CPA Advanced Accounting Concepts ment responsibility. licensure requirements in other states, ACCT-GB 6326 3 units. students are encouraged to refer to Prerequisite: ACCT-UB 3. Data Analysis & Management the specific state board for the most This course focuses on four major ACCT-GB 6416 4 units. current information since the require- issues in financial reporting: (1) Prerequisite: ACCT-UB 3. ments are different for every state and accounting for mergers and acquisi- This course provides concepts and may change. tions; (2) preparation of consolidated tools for making sense of data and financial statements; (3) translation of performing data analysis. From sim-

B S / M S D U A L D E G R E E P R O G R A M 28 Accounting (ACCT-UB)

Program Accounting is “the language of busi- page 25 for more information about GENERAL ACCOUNTING ness”. As such, it is central to the the BS/MS in Accounting Dual- CONCENTRATION of Study accurate valuation and effective man- Degree program. REQUIREMENTS (12 UNITS) agement of business enterprises and is Students concentrating in general Students who decide to concentrate a key component in the proper func- accounting should consult with an in general accounting must take 12 tioning of the free market system. adviser in the Stern Office of units (the equivalent of four 3-unit There are many rewarding career Academic Advising by the end of courses) in accounting in addition to opportunities in accounting and their sophomore year to ensure course the required core course, Managerial related professions such as consulting, distribution requirements are being Accounting (ACCT-UB 4). These 12 security analysis, investment bank- met and to formally declare the gen- units must include the following: ing, corporate finance, banking, and eral accounting concentration. A taxation. Students may either pursue Department of Accounting under- Financial Statement Analysis a concentration in general accounting graduate faculty adviser is available ACCT-UB 3 or a dual degree through the BS/MS to advise on general accounting in Accounting Dual Degree Program, course selection or other matters stu- Plus 9 units from among the courses which prepares students to sit for the dents may wish to discuss. listed in the Advanced Courses sec- CPA exam in New York State. See tion on the following pages.

Courses CORE COURSES ical tools to support decisions: analyz- ADVANCED COURSES Principles of Financial Accounting ing profitability of various products, Accounting & Analysis in Practice ACCT-UB 1 4 units. managing product-line portfolios, ACCT-UB 12 3 units. Prerequisite: One semester of coursework at setting prices, measuring and manag- Prerequisites: ACCT-UB 1 and sopho- NYU. ing profitability of customers, mak- more standing. This course is designed to teach stu- ing operational and strategic Does not satisfy Accounting (CPA Track) dents the accounting skills public decisions, evaluating investments and concentration requirements. companies use to measure and com- investigating efficiency. This course explains how managers municate their financial results. communicate their strategy and The focus is on understanding the REQUIRED COURSE FOR financial performance via financial accrual-based accounting rules and GENERAL ACCOUNTING statements, and how these financial processes used to record business CONCENTRATION statements are then used by corporate transactions and create financial Financial Statement Analysis and investment bankers as well as accounting statements under the U.S. ACCT-UB 3 3 units. buy-side and sell-side financial ana- Generally Accepted Accounting Prerequisites: ACCT-UB 1 and sopho- lysts who advise investors. A good Principles. Emphasis is placed on ana- more standing. understanding of the practical aspects lyzing and interpreting financial The objective of this course is to teach of how financial statements are used accounting statements so students students to understand how to read, is crucial to a successful career. These develop the ability to evaluate the interpret, and analyze financial state- practical aspects are best communi- current condition of a business. ments. Throughout the course, finan- cated through a mix of traditional cial statements of several real cases and discussions with industry Managerial Accounting companies are used to illustrate con- professionals. Stern’s NYC location ACCT-UB 4 4 units. cepts. The course is divided into three provides unparalleled access to such Prerequisites: ACCT-UB 1 and sopho- segments: (1) students develop the professionals and this course offers a more standing. tools to analyze financial statements. unique opportunity to interact with This course explores the use of They study the interrelationships many of them. accounting information for internal between financial statement line planning, analysis, and decision-mak- items and use ratio analysis to under- Financial Reporting & Disclosure ing with a focus on information gen- stand and compare firms; (2) students ACCT-UB 21 3 units. erated by internal accounting learn how to understand and analyze Prerequisite: ACCT-UB 3. systems. The main objective is to accounting disclosures and use Not open to students who have completed equip students with the knowledge to accounting disclosures to adjust ACCT-GB 6302. prepare, understand, evaluate, and act financial ratios; and (3) students use Does not satisfy Accounting (CPA Track) upon the many financial and non- the analytical tools they have devel- concentration requirements. financial reports used in managing oped in conjunction with various This course is part of a sequence ideal modern firms. This information is a information sources to forecast future for students who wish to pursue key input into a wide range of analyt- earnings. careers in investment banking,

A C C O U N T I N G 29 investment management, consulting, not only protect both the creditors Forensic Accounting & Financial and public accounting. In addition to and shareholders, but also create an Statement Fraud being a required course for students appropriate risk and reward equilib- ACCT-UB 33 3 units. concentrating in accounting, it is rium; and (3) formulate an educated Prerequisite: ACCT-UB 3. highly recommended for those con- investment opinion and propitiously Does not satisfy Accounting (CPA Track) centrating in finance, economics, time entry and exit trading points. concentration requirements. marketing, and information systems. The objective of this course is to The course complements Financial Financial Statement Analytics impart a detailed understanding of Statement Analysis (ACCT-UB 3) by Using Python forensic accounting with particular providing a more extensive analysis of ACCT-UB 28 3 units. emphasis on the methods to detect financial statements and their under- Prerequisites: ACCT-UB 1 and financial statement fraud. It is lying financial reporting rules. It uses STAT-UB 103. designed to demonstrate the various tools learned in Financial Statement Does not satisfy Accounting (CPA Track) aspects of fraud (i.e., fraudulent Analysis, such as ratio and accounting concentration requirements. financial reporting); identify fraud analysis, to discuss financial reporting This course teaches how to manipu- schemes, including computer fraud principles, emphasizing the link late and analyze financial data in and methods of concealment; as well between reporting principles and Python using professional coding as demonstrate the analytical tech- financial statements. Students learn tools such as VSCode. While no prior niques in uncovering fraud and its how management uses financial programming or Python experience is prevention through effective internal reporting decisions to influence assumed, it does involve coding and control systems. It also includes an reported income and asset and liabil- is not a managerial overview of data analysis of the general techniques used ity values, and they gain the tools analytics. The course covers the fol- in working in litigation support serv- necessary to analyze the impact of lowing skills: (1) structured thinking ices. The course is of particular inter- alternative reporting decisions on about financial analysis tasks so stu- est to accounting and finance financial statements. dents can automate them using professionals. Course content hasalso organized and maintainable code; become of critical interest to regula- Accounting for Complex Deal (2) automating financial data input tors and lawmakers because of the Structures and output by interacting with finan- notoriety of a series of recent finan- ACCT-UB 22 3 units. cial statement data in Excel, SQL, and cial scandals that have affected the Prerequisite: ACCT-UB 3. XBRL formats; and (3) financial data entire business community. It Does not satisfy Accounting (CPA Track) analytics for an exposure to data ana- reviews the new institutional struc- concentration requirements. lytics packages. tures that have recently been put in This course focuses on four major place by lawmakers and the issues in financial reporting: (1) Accounting-Based Valuation accounting profession to deal with accounting for mergers and acquisi- ACCT-UB 30 3 units. fraud and its prevention (i.e., the tions, (2) preparation for consolidated Prerequisite: ACCT-UB 3. Sarbanes-Oxley Act) and self-regulat- financial statements, (3) translation of Does not satisfy Accounting (CPA Track) ing measures adopted by the foreign currency financial statements concentration requirements. accounting profession. and foreign currency transactions, and This course deals with the analysis of (4) accounting for derivatives includ- financial information to determine Modeling Corporate Transactions ing the use of derivatives in hedging value. It synthesizes financial state- ACCT-UB 44 3 units. transactions. ment analysis, corporate finance, and Prerequisite: ACCT-UB 23. the valuation of stocks (i.e., invest- Does not satisfy Accounting (CPA Track) Financial Modeling & Analysis ments). The course is divided into two concentration requirements. ACCT-UB 23 3 units. parts. The first part is about how This course helps students build Prerequisites: ACCT-UB 3 and accounting metrics are mapped into models of salient corporate events FINC-UB 2. stock prices. Students examine various such as acquisitions, leveraged buy- Not open to students who have completed accounting measures (e.g., dividends, outs, public offerings, projects, and ACCT-GB 6300. free cash flows, book values, earnings) securitizations. It is highly relevant Does not satisfy Accounting (CPA Track) that can be used as inputs for equity for bankers, equity investors, lenders, concentration requirements. valuations, and compare and contrast corporate finance professionals, proj- Making educated decisions today by the different valuation models (e.g., ect financiers, and consultants. The forecasting operating and financial Dividend Discount Model, Free Cash conceptual, practical, and technical performance is a critical exercise for Flows Model, Residual Income knowledge gained in this course can owners, managers, consultants, Valuation Model, Abnormal Earnings give students a significant competi- investment bankers, creditors, equity Growth Model). The first part of the tive edge during interviews and sum- and credit analysts, as well as course concludes with tools that mer internships. investors such as private equity enable students to infer future implied groups, hedge funds, institutional accounting metrics from equity Taxes & Business Strategy investors, and individuals. The goal of investments based on what is cur- ACCT-UB 64 3 units. this course is to instruct step-by-step rently being paid. In the second part Prerequisite: ACCT-UB 1. how to build a comprehensive, multi- of the course, students put the knowl- Does not satisfy Accounting (CPA Track) purpose projection model in Excel edge acquired in the first part into concentration requirements. and subsequently interpret selective practice to make buy/sell/hold deci- This course explains how taxes affect operating, credit, and equity valua- sions on equity investments involving mergers, acquisitions, divestitures, tion data. Based on this information, listed companies. valuation, capital structure, employee students learn how to (1) evaluate a compensation, foreign operations, company’s operating and financial alternative investment vehicles, and performance; (2) develop an appropri- deferred taxes including net operat- ate capital structure by structuring ing losses. The course also covers the debt and equity transactions, which key provisions of the 2017 Tax Cuts

A C C O U N T I N G 30 & Jobs Act. The course is highly rele- Auditing performance measures and cost alloca- vant to those pursuing careers in ACCT-GB 6313 3 units. tion schemes for coordination and investment banking, corporate Prerequisite: ACCT-UB 3. control, along with some formal mod- finance, research, private and public Cross-listed with ACCT-GB 3313. eling that yields insights into the equity, and corporate tax law. This course provides an understand- trade-offs between risk sharing and ing of fundamental concepts underly- incentives in the control process. Independent Study in Accounting ing the examination of financial ACCT-UB 94 1 unit. statements by the independent public Taxation of Individuals & Does not satisfy Accounting (CPA Track) accountant (also known as the audi- Business Income concentration requirements. tor). Topics include the history and ACCT-GB 6380 3 units. Independent study provides an oppor- regulatory environment of the audit- Prerequisites: ACCT-UB 1. tunity for a select group of upper- ing profession, analysis of the audit- Cross-listed with ACCT-GB 3380. classmen each year to work ing and reporting standards, and This course helps students develop a one-on-one with a faculty member on particular emphasis on the evaluation basic conceptual understanding of a topic selected by the student and of evidential matter and the systems federal income taxation and provides approved by the supervising faculty of internal control. Critical thinking tools for practical application to busi- member. Each student is expected to and communication skills are devel- ness and non-business situations. spend as much time on the independ- oped through a variety of means Topics include capital asset and prop- ent study as would be spent on a reg- including case analyses of current erty transactions, business and per- ular course, and the topic selected events, qualitative and quantitative sonal deductions, depreciation, may not replicate an existing course. problem solving, regulatory interpre- depletion, accounting methods and An information sheet with important tation, and the use of information periods, retirement plans, tax units, guidelines about Independent Study technology tools. and the alternative minimum tax sys- is available at stern.nyu.edu/ tem. While emphasis is on taxation of portal-partners/current-students/ Advanced Managerial Accounting individual business income, the undergraduate/resources-policies/forms. ACCT-GB 6331 3 units. course also provides an introduction Further information regarding the Prerequisite: ACCT-UB 4. to the taxation of corporations and policies surrounding Independent This course furthers students’ abili- partnerships. Studies can be found on page 114. ties to critically understand a firm’s reporting systems - in particular, the ADDITIONAL COURSES THAT Financial Statement Modeling strengths and weaknesses of its cost CAN BE TAKEN AS ACCT-GB 6300 3 units. accounting systems - as well as their ADVANCED ACCOUNTING Prerequisites: ACCT-UB 3 and FINC- abilities to analyze business decisions ELECTIVES UB 2. systematically and logically. The Not open to students who have completed course goes beyond the Principles Measuring, Disclosing & Driving ACCT-UB 23. course to examine: (1) long-term Sustainability Full course description can be found product planning using activity- BSPA-UB 67 2 units. on page 30 under Financial Modeling based analysis versus short-term Full course description can be found & Analysis ACCT-UB 23. capacity management and the maxi- in the Sustainable Business section mization of contribution margin (page 64). Financial Reporting & Analysis throughput; (2) single person deci- ACCT-GB 6302 3 units. sion-making under uncertainty and Business Drivers of Industries Prerequisite: ACCT-UB 3. the value of information – in particu- MULT-UB 56 3 units. Not open to students who have completed lar accounting information; (3) scope Full course description can be found ACCT-UB 21. economies arising from resource-shar- in the Multidisciplinary Courses sec- Full course description can be found ing under uncertainty and the limita- tion (page 69). on page 30 under Financial tions of activity-based profitability Reporting & Disclosure ACCT-UB statements in the presence of scope Tech Industry Drivers 21 economies; and (4) long-horizon deci- MULT-UB 57 3 units. sions (capital budgeting). The course Full course description can be found also extends students’ understanding in the Multidisciplinary Courses sec- of Management Control with a dis- tion (page 69). cussion of the strengths and weak- nesses of common divisional

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A C C O U N T I N G 32 Computing & Data Science (TECH-UB)

Program of Information Technology permeates COMPUTING & DATA • Juniors and seniors may also regis- most modern business organizations, SCIENCE CONCENTRATION ter for select MBA courses if these Study forming the foundation of how the REQUIREMENTS (12 UNITS) courses do not have an equivalent organization conducts their business. undergraduate course. The permis- Students who choose to pursue a Industries are continuously trans- sion of the undergraduate faculty Computing & Data Science (CDS) formed by rapidly changing technol- adviser is required. concentration must take 12 units (the ogy: finance, insurance, retail, media, equivalent of four 3-unit courses) of healthcare, education, travel, adver- * CSCI-UA 2 Introduction to information systems electives in addi- tising, and automotive are just a few Programming (no prior experience required) tion to the required core course, examples of industries that have been or CSCI-UA 3 Introduction to TECH-UB 1, Information and continue to be transformed by Programming (limited prior experience Technology in Business & Society. computing and the wide availability required) may be imported to count toward of data. the concentration, but not if taken with Notes: The Computing & Data Science TECH-UB 23. CSCI-UA 4 Introduction • Students may also import one com- concentration provides students with to Web Design & Computer Principles is not puter science elective with the per- the fundamentals for working in relevant to the concentration and cannot be mission of the undergraduate imported. It is recommended, whenever possi- these industries using computing and faculty adviser. The computer sci- ble, that students interested in counting an data science, and in parallel provides ence elective course should not introductory Python programming course an understanding of the implications overlap with the Stern electives toward the concentration take TECH-UB of these technologies for business that are counted toward the con- 23 as opposed to CSCI-UA 2 or CSCI-UA managers. Due to the rapidly chang- centration, and should be relevant 3. ing nature of technology, new courses to the concentration.* are often introduced. Check the Stern website for the most recent list.

Courses CORE COURSE interested in acquiring the technical work and is largely project-based, Information Technology in and data analysis skills that are with students working on projects Business & Society becoming increasingly relevant in that utilize the skills learned in this TECH-UB 1 4 units. other disciplines such as finance and class and the prior Introduction to Prerequisite: Sophomore standing. marketing. The course does not have Programming for Data Science This course provides the background any prerequisites. It will provide an course. necessary to make decisions about introduction to programming (using computer-based information systems Python) and cover topics related to Digital Marketing & Social Media and to be an “end-user.” Two major the collection, storage, organization, TECH-UB 38 3 units. parts of the course are hands-on expe- management, and analysis of large This course provides a foundational rience with personal computers and volumes of data (using SQL). understanding of digital and social information systems management. media marketing by using tools from Group and individual computer Projects in Programming & Data business analytics and data science, assignments expose students to elec- Science amongst others. While sufficient tronic spreadsheet analysis and data- TECH-UB 24 3 units. attention is given to understanding base management on a personal This course is the follow-up to fundamentals and the application for computer. Management aspects focus Introduction to Programming & Data top-level strategy used by companies on understanding computer technol- Science (TECH UB-23). It is recom- adopting digital marketing and social ogy, systems analysis and design, and mended for undergraduate students media, the focus of the course is also control of information processing by who are interested in (1) jobs in the on analytics: how to make firms more managers. rapidly growing fields of data science intelligent in how they conduct busi- and data analytics, or in (2) acquiring ness in the digital age. Measurement the technical and data analysis skills plays a big role in this space. The ADVANCED COURSES that are becoming increasingly rele- course is complemented by cutting- Introduction to Programming & vant in all disciplines. Introduction edge projects and various business Data Science to Programming & Data Science consulting assignments that the pro- TECH-UB 23 3 units. forms the basis for this course, but it fessor has been involved with over the This course is the recommended is not a formal prerequisite. Students last few years. The digital marketing starting point for undergraduate stu- with basic knowledge of program- aspect of this course covers the ever- dents who are interested in jobs in ming in Python and SQL are wel- changing broad definition of digital the rapidly growing fields of data sci- come to join. This course covers select in the context of marketing. The ence and data analytics, or who are topics that build on the prior course- course explores the key elements of

C O M P U T I N G A N D D ATA S C I E N C E 33 digital marketing, including search cations infrastructure, impacting Data Mining for Business engine marketing, search engine opti- industries including financial, com- Analytics mization, as well as briefly touches on munications, power, health, and all TECH-UB 57 3 units. Google analytics. The course uses sev- essential services. Recent events This course teaches students how to eral databases to analyze trends and demonstrate that they are all vulnera- structure and solve business problems identify opportunities. It also ble to attack from external adver- using data-driven analysis and model- addresses fundamentals of email mar- saries, as well as self-inflicted ing. The course has three closely keting and how to apply marketing difficulties. Intellectual property can related goals: (1) to introduce stu- principles in the use of new technol- be stolen, customers’ privacy violated, dents to state-of-the-art data-mining ogy, such as voice. The social media operations disrupted, and reputations methods that support decision-mak- aspect of the course explores current damaged. This course addresses gov- ing by extracting useful knowledge social media platforms and their role ernance issues faced by operational from the increasingly large volume of in a company's marketing communi- and board-level management in data that organizations collect; (2) to cation strategy, facilitating customer meeting these challenges. It addresses provide an analytical framework relationships, creating brand ambas- operational risk, cryptography to pro- within which students can apply sadors, product innovation, and brand tect data, cybersecurity standards and these data-mining techniques success- equity. Students examine social media best practices in protecting informa- fully to data-rich business problems; campaigns, appropriate tracking plat- tion and intellectual property, pri- and (3) to give students hands-on forms, and metrics. Social media is vacy, and disaster recovery, using a experience with using the techniques examined as part of a larger inte- combination of lectures, readings, to extract knowledge from data. grated marketing communication news, case studies, simulations, and Emphasis is on creative problem for- strategy. In addition, the course guest lecturers. mulation and analysis. The course briefly covers social media's potential assumes prior knowledge of Microsoft role in overall business operations, Robo Advisers & Systematic Excel and the fundamentals of including applicable consumer behav- Training finance, marketing, and operations at ior, communication, and advertising TECH-UB 52 3 units. the level of the Stern core courses. theories. The focus is on fundamen- Prerequisite: Sophomore standing. Prior experience with a programming tals, analytics, and strategic frame- Students are strongly encouraged to language or with data mining is use- work with real-life application skill take the Introduction to ful but not necessary. sets and the application of Big Data. Programming course (TECH-UB 23) prior to this course and be prepared to Networks, Crowds, & Markets Financial Information Systems do some programming for their final TECH-UB 60 3 units. TECH-UB 50 3 units. course project. This course begins by Prerequisite: Sophomore standing. Prerequisite: Sophomore standing. asking whether machines make better While one’s “social network” is now The financial services industry is decisions than humans, and the raison associated with digitally-mediated being transformed by regulation, d’etre for the emergence of “Robo social media, people have always been globalization, and competition from Advisors” and systematic investing as creatures of their networks—families, innovative financial technology or alternatives to traditional investment villages, tribes, companies, and now FinTech firms. This course explores alternatives. The course covers the Facebook. This course is about how these forces with an emphasis on how basis, evaluation, and execution of the social, technological, and natural technology is both a driver of change, trading strategies that are commonly worlds are connected, how technology as well as the means for its implemen- used by professionals in financial mar- illuminates and shapes these connec- tation. Coursework focuses on under- kets. The strategies are grounded in tions, how the study of networks standing retail and institutional data of various forms including makes sense of these connections, and payment systems, including prices, fundamentals, as well as how networks enabled by digital blockchain and crypto-currencies, as unstructured data from news sources. technologies are spawning new forms well as financial markets, their struc- The second part of the course covers of entrepreneurship, industries, trust ture and evolution, algorithmic and how Artificial Intelligence and institutions, and market forms. quant trading, dark liquidity, and Machine Learning are becoming part Topics include social network struc- alternative trading systems. The class of modern decision-making systems ture and its effects on business and brings both the business practitioner in finance. The investment strategies culture; how the structural properties and technologist closer together cover equity and derivatives markets, of networks shape social capital and using a combination of lectures, read- and the commonly used trading power; the propagation through net- ings, news, case studies, and guest strategies employed by professionals works of information, fads, and dis- lecturers. in these markets. The assignments ease; power laws; network-based focus on how to construct indicators ranking and recommendation; the Risk Management in IT that measure the state of a market, platform economy; designing market TECH-UB 51 3 units. the development of trading strategies mechanisms; online labor and invisi- President Obama’s Executive Order based on these indicators, and the ble work; crowdsourcing and crowd- established that “[i]t is the Policy of measurement and management of funding; and platform governance. the United States to enhance the risk associated with the strategies. The course features many guest security and resilience of the Nation’s The course is useful to anyone inter- speakers who provide perspectives on critical infrastructure and to maintain ested in hedge funds, sales and trad- new marketplaces. In recent years, a cyber environment that encourages ing, operations, and technologies in speakers have come from such compa- efficiency, innovation, and economic the world of investments. nies as Airbnb, Etsy, Handy, Huawei, prosperity while promoting safety, Instagram, Kickstarter, Lyft, and security, business confidentiality, pri- Uber. Textbook chapters come from vacy, and civil liberties.” The national “Networks, Crowds, & Markets: and economic security of all nations Reasoning About a Highly depend on the reliable functioning of Connected World,” and “The Sharing its critical information and communi- Economy: The End of Employment &

C O M P U T I N G A N D D ATA S C I E N C E 34 the Rise of Crowd-Based Capitalism.” a topic selected by the student and Tech Industry Drivers Textbook readings are complemented approved by the supervising faculty MULT-UB 57 3 units. with classic and recent research member. Each student is expected to Full course description can be found papers and other articles as necessary. spend as much time on the independ- in the Multidisciplinary Courses sec- ent study as would be spent on a reg- tion (page 69). Digital Innovation & ular course, and the topic selected Crowdsourcing may not replicate an existing course. Foundations of FinTech TECH-UB 70 3 units. An information sheet with important MULT-UB 80 3 units. Prerequisite: TECH-UB 1. guidelines about Independent Study Full course description can be found This course explores new ways in is available at stern.nyu.edu/ in the Multidisciplinary Courses sec- which traditional firms as well as start- portal-partners/current-students/ tion (page 69). ups can become more innovative in undergraduate/resources-policies/forms. today’s global digital economy by tap- Further information regarding the Decision Analytics for Sports ping into digital platforms for informa- policies surrounding Independent OPMG-UB 54 3 units. tion, ideas, expertise, and skills. Studies can be found on page 114. Full course description can be found Students discuss new practices of digi- in the Department of Operations sec- tal innovation and crowdsourcing and ADDITIONAL COURSES THAT tion (page 59). evaluate risks and benefits of such prac- CAN BE TAKEN AS tices. The course focuses on qualitative ADVANCED COMPUTING & Regression & Multivariate Data analysis of cases, application of strate- DATA SCIENCE ELECTIVES Analysis gic theories, hands-on exercises, and STAT-UB 17 3 units. meeting of industry leaders. Students Full course description can be found engage in real-time crowdsourcing Decision Models & Analytics in the Department of Statistics sec- projects ranging from outsourcing MULT-UB 7 3 units. tion (page 61). their homework online to designing a Full course description can be found social innovation challenge. in the Multidisciplinary Courses sec- tion (page 69). Independent Study in Computing & Data Science Decision-Making Under TECH-UB 94 1 unit. Uncertainty Independent study provides an oppor- MULT-UB 16 3 units. tunity for a select group of upper- Full course description can be found classmen each year to work in the Multidisciplinary Courses sec- one-on-one with a faculty member on tion (page 69).

C O M P U T I N G A N D D ATA S C I E N C E 35 Economics (ECON-UB)

Economics provides a framework for Note: The following 200- and 300-level have already taken Math for Programs thinking about businesses, individuals, CAS Economics courses are not open to Economics I (MATH-UA 211), of Study and their interactions, as well as the con- Stern students: Money & Banking Math for Economics II (MATH- sequences that such interactions have for (ECON-UA 231), International UA 212), and/or Math for domestic and global economic outcomes. Economics (ECON-UA 238), and Economics III (MATH-UA 213) The economics toolkit includes both the- Financial Economics (ECON-UA 368). may use up to two of these courses to oretical models and data analysis tech- Stern students cannot take Economic satisfy the math requirement. niques. These skills are valuable to all Principles I or II (ECON-UA 1 or • Frontiers of Economics course students, whether their path leads them ECON-UA 2), Intermediate sequence: Two of the following to the business world, graduate school, or Microeconomics (ECON-UA 10), or courses - Quantitative elsewhere. Economics graduates work in Statistics (P) (ECON-UA 18) since Microeconomics (ECON-UB 10), a broad range of industries and activities required Stern courses cover similar Independent Study of Economics including finance, consulting, and tech- material. (ECON-UB 94), Economics of nology. Innovation (ECON-UB 119), Data The Stern Department of Economics ECONOMETRICS & Bootcamp (ECON-UB 232), offers two concentrations: Business QUANTITATIVE ECONOMICS Macroeconomic Foundations for Economics and Econometrics & CONCENTRATION Asset Prices (ECON-UB 233), Quantitative Economics. Both are REQUIREMENTS Advanced Topics in Modern designed to present choices and flexibil- Macroeconomics (ECON-UB 234). ity, and include courses at Stern as well as (24-26 UNITS INCLUDING • Elective courses: Two of the follow- in the highly-regarded Department of MATH REQUIREMENTS) ing courses - Any advanced ECON- Economics at the College of Arts & The Econometrics & Quantitative UB XX elective, MULT-UB 20, Science (CAS). Economics concentration is aimed at stu- MULT-UB 27, any approved dents looking for a more quantitative col- advanced ECON-UA 2XX or BUSINESS ECONOMICS lection of courses. These courses are of ECON-UA 3XX. CONCENTRATION interest to students considering graduate Other combinations may be permitted REQUIREMENTS (12-14 UNITS) school in economics or finance, as well as with permission from the department those looking to develop a sound founda- adviser. Students pursuing the Business tion in modern quantitative skills. The Economics concentration must fulfill the E&QE concentration is classified as a Students pursuing either of the two con- following requirements: STEM Degree by the U.S. Department of centrations (and especially an • Stern Economics core courses: Both Homeland Security (thus allowing grad- Econometrics & Quantitative Economics Microeconomics (ECON-UB 1) uates to apply for a longer period of prac- concentration) are encouraged to pursue and Economics of Global Business tical training). advanced coursework in the CAS (ECON-UB 11). Substitutions may Mathematics department, possibly be allowed with permission from Students pursuing this concentration through the completion of a CAS major the Stern Economics Department. must fulfill the following requirements: in Mathematics. More information • Four elective courses offered by regarding the Mathematics major can be Stern Economics, CAS Economics • Stern Economics core courses: Both found on the CAS Math Department’s (all 200-and 300-level courses Microeconomics (ECON-UB 1) website at math.nyu.edu. Students inter- except the ones listed below), or and Economics of Global Business ested in pursuing a major in any CAS from the set of other Stern courses (ECON-UB 11). Substitutions may area are encouraged to discuss this option listed below. Other courses may be be allowed with the permission of and how it might fit into their overall taken with permission from the the department. curricular plan with their Stern academic Stern Economics Department. At • Econometrics courses: Either adviser. least two electives must be Stern Econometrics (ECON-UB 251) or Students who are unsure which courses. Econometrics (ECON-SHU 9301). courses best fit their interests and career • Mathematics courses: Two of the plans are encouraged to contact the Stern following math courses - Calculus I Office of Academic Advising as well as (MATH-UA 121), Calculus II the Department of Economics faculty (MATH-UA 122), Calculus III adviser. Since sequencing is an issue, stu- (MATH-UA 123), or Linear dents are urged to do so early in their Algebra (MATH-UA 140). Stern careers. *Internal transfer students who

E C O N O M I C S 36 Courses The list of courses is divided into core writers to figure out what makes people the film, television, publishing, internet, courses and electives. Note that many creative, what encourages firms to take and broader technology sectors. While courses require as a prerequisite one or the risks that are inherent in innovation, many Stern courses recognize the critical both of the core courses. Students can sat- and what types of institutions encourage role that institutional and political con- isfy the ECON-UB 1 requirement with people to do their best work. Classwork texts play in business decision-making, ECON-UA 2 or the equivalent (a micro- alternates between weekly lectures and this course focuses specifically on the economics course with calculus). hands-on laboratory work. Lectures dis- interaction between domestic and inter- cuss current research on the determinants national firms and the government STERN ECONOMICS CORE of creativity and innovation. Laboratory within China as well as globally. COURSES sessions use real data sets from recent research to gain hands-on experience Health Economics Microeconomics with data analysis. ECON-UB 140 3 units. ECON-UB 1 4 units. Prerequisite: ECON-UB 1 or equivalent. Prerequisite: MATH-UA 121 or equiva- Economics of Media & This undergraduate elective course pro- lent (AP Calculus AB/BC scores of Entertainment vides an introduction to the field of 4 or 5). ECON-UB 120 3 units. health economics. The course applies eco- This course covers basic microeconomic The media and entertainment industries nomic principles and empirical methods principles including applications of sup- (including professional sports) share a to study topics in health and medical ply and demand analysis; consumer series of peculiar features. Essentially, care, including the demand for medical choice; theory of the firm under perfect they (1) produce an intangible output care and medical insurance, institutions and imperfect competition; game theory (e.g., a music recording), which can be in the health sector, economics of infor- and strategy; and theory and policy issues distributed in a variety of forms and (2) mation applied to the market for health in market imperfections, such as monop- do so based on an input which is insurance and for healthcare, measure- oly and antitrust, externalities and regu- extremely idiosyncratic—the creative ment and valuation of health, and com- lation, imperfect information and output of a person or group of persons petition in healthcare delivery. Emphasis regulation, and income distribution. (e.g., a singer or a band). Finally, (3) is on the United States, with a brief treat- recent technological innovation has ment of health economics research in Economics of Global Business changed the balance of power between other countries and comparisons of health ECON-UB 11 4 units. the various players and led various indus- systems in other developed and less Prerequisites: ECON-UB 1 or equivalent try segments to reinvent their business developed countries. and sophomore standing. model. This course provides an introduc- This course examines the forces driving tion to the businesses of media and enter- Economics of Sex, Drugs, & Rock globalization—the integration of tainment including value chain, key & Roll national business activities into globally players, significant trends, and more. It ECON-UB 210 3 units. competitive markets. The first part of the takes a distinctive economics perspective Prerequisite: ECON-UB 1 or equivalent. course discusses international trade—the to understanding how the forces of sup- This course shows students how econom- role of comparative advantage and the ply and demand have changed the busi- ics can be used as an aid in understanding gains from trade and the reasons for and ness model of various industry segments. almost every aspect of human behavior: effects of government policies that create drug addiction, drug policy, crime, mar- impediments to trade. The second part of Economics of Chinese riage, divorce, pornography, prostitution, the course provides an overview of macro- Entertainment Media & Tech suicide, religion, assisted reproduction, economic measurement and basic theo- ECON-UB 125 2 units. abortion, sports, gambling, and rock and retical concepts of macroeconomics. The Prerequisite: ECON-UB 1 or equivalent. roll music. With special attention paid to third part of the course surveys the role of This course analyzes the economic issues the evolution of economic ideas, as well money and finance in global economic facing Chinese business in the as state-of-the-art economic theory and activity. Topics discussed include the role Entertainment, Media, & Technology empirical analysis, the value of economics of exchange rates and international flows industries. Given differences in institu- in shedding analytical light on these of capital. tions, market structure, socio-economic behaviors is demonstrated. Further, this development, and regulatory frame- course provides students with sufficient ECONOMICS ELECTIVE works, what are the simultaneous chal- knowledge to decipher between the eco- COURSES lenges of foreign market entry into China nomic facts and economic myths that Competitive Analysis and Chinese market entry abroad? How pervade popular news media, particularly ECON-UB 15 3 units. is the Chinese market structure different on topics such as the legalization of drugs Prerequisites: ECON-UB 1 or equivalent from other economies and how is it and the advantages and disadvantages of and sophomore standing. evolving? How does the Chinese govern- capital punishment. This course offers an economics approach ment influence domestic business and to analyzing the way firms make market- expansion abroad? What are the de jure Sports Economics ing decisions and interact strategically vs. de facto differences in Chinese regula- ECON-UB 211 3 units. with each other in the marketplace. The tion? How do the political and regula- Prerequisite: ECON-UB 1, STAT-UB main goal is to develop the basic intu- tory environments inside China impact 1, or equivalent. ition for pricing and other forms of foreign firms? How have Chinese firms This course applies microeconomic the- strategic behavior on the part of firms. fared as they expand abroad and what ory and econometric analysis to sports political, regulatory and economic chal- and explores some public policy issues Economics of Innovation lenges have they faced? This course that have arisen in the design of sports ECON-UB 119 3 units. addresses these and other related ques- competitions. The course is divided into Prerequisites: ECON-UB 1 and tions in an effort to prepare Stern stu- four main parts: the structure of sports STAT-UB 1 or equivalent. dents for the complex reality of China’s leagues, labor market issues, college Why are some people and firms more growing economic influence and the sports, and the market for sports betting. innovative than others? This course stud- unique features of the EMT sector in ies the behavior of inventors, artists, and China. Specific coverage will be given to

E C O N O M I C S 37 Transportation Economics Students study the economics and poli- Asian Economies ECON-UB 212 3 units. tics of anti-trust regulation, environmen- ECON-UB 222 3 units. Prerequisite: ECON-UB 1 or equivalent. tal regulation, state aid, intellectual Prerequisite: ECON-UB 11 or This undergraduate course applies micro- property protection, labor market regula- equivalent. economic analysis to the transportation tion, and trade policy. This course covers the economic develop- industry. The scope of the course is broad ment and current structure of Asian by design, involving all transport mar- The Making of Economic Policy in economies, as well as the rise of regional kets, such as the intercity, rural, urban, the White House economic interaction and institutions and international markets, and all trans- ECON-UB 217 3 units. with a focus on East Asia and India. For port modes, such as railroads, highways, Prerequisites: ECON-UB 1 and the last 50 years, the Asian region has air carriage, transit, pipelines, and water- ECON-UB 11. arguably been the most vibrant in the ways. The objective is for students to This course shows students how eco- world in terms of economic growth. The acquire an understanding of the underly- nomic policy gets made at the highest experiences of these countries also pro- ing economics of transportation provi- levels of federal government. It draws vide interesting challenges to some of the sion, including demand, costs, the upon almost 50 years of economic policy- usual assumptions about how economies pricing and quality of service, regulation making and the challenges that have con- and corporations should be organized and and regulatory reform, competition fronted the people who have sat in governed to be successful. The course between the various modes, highway positions of power in federal government. examines what problems these countries congestion, and the level of subsidies to These challenges include the breakdown may confront in the future and what mass transit. New York City’s transporta- of the Bretton Woods system and the issues students will need to understand to tion network is a cooperation of very transition to a predominantly floating operate in these markets. complex systems of infrastructure, and exchange rate world, the era of rampant students will have the unique opportu- inflation, the collapse of the Soviet Union Business of Platforms & Networks nity to hear from several guest lecturers, and the transition to market economies, ECON-UB 224 3 units. Fall. including speakers from the MTA and the shock of 9/11, the financial crisis of This course analyzes the business of plat- the Taxi & Limousine Commission. 2008, and the Great Recession that fol- forms, such as Uber, Airbnb, and credit lowed. Students learn how to analyze pol- cards that bring together two sides of a Psychology & Economics icy problems and design solutions, market (drivers and users; apartments ECON-UB 213 3 units. taking into account the many constraints and users; merchants and consumers). In Prerequisite: ECON-UB 1 or equivalent. upon those decisions including the influ- platforms, there are positive feedback The interface of psychology and econom- ence of Congress. Students will also hear effects. The more users use Uber, the ics has a long history. In the 19th cen- from guest speakers who have worked at more drivers it attracts, and vice versa. tury, classic economics texts by the likes the very top of economic policy-making Feedback effects result in high market of Adam Smith, Alfred Marshall, and in the executive branch of government. concentration and high profits. Often, Francis Edgeworth contained psychologi- smaller platforms are marginalized or cal insight and did not insist that indi- Global Perspectives on Enterprise exit the market. The course considers the viduals were always rational or Systems factors and strategies that lead to success self-interested. In the 20th century, how- ECON-UB 220 3 units. in platforms and applies them to Uber, ever, psychology and economics took dif- Prerequisite: ECON-UB 1 or equivalent. Airbnb, credit cards, eBooks, cell phones, ferent paths as psychologists used This course compares the development of computer operating systems, and other experiments to chart how people think rich and “emerging market” countries industries. and behave while economists turned to over time. Through both macro- and highly simplified models of individual microeconomic perspectives, it examines Business & the Environment agents as building blocks for theories of political, cultural, and economic similari- ECON-UB 225 3 units. markets and strategic behavior. One view ties and differences of national enterprise Environmental problems typically arise is that psychology emulated biology, systems, paying special attention to from “market failures.” This course accumulating carefully documented impacts of government, financial institu- examines several environmental issues at facts, while economics aspired to be like a tions, entrepreneurship, and manage- local, national, and international levels, physics of social life. This course explores ment. with a particular focus on energy and cli- the modern attempt to draw the disci- mate change, but also briefly on water plines back together, which is most com- Monetary Policy and population. Drawing on the theories monly termed “behavioral economics.” ECON-UB 221 3 units. of externalities, market failure, and This body of research incorporates psy- Prerequisite: ECON-UB 11 or equiva- mechanism design, it explores the causes chological regularities into economics lent. of these problems and some of the poten- while being formal and predictive. Monetary policy in the United States and tial remedies, including government reg- around the world is frequently in the ulation, “cap-and-trade,” and carbon Business & Public Policy news as policymakers work hard to con- taxes, as well as voluntary potential ECON-UB 216 3 units. trol inflation, bring about balanced related business opportunities. The Prerequisite: ECON-UB 1 or equivalent. growth, and maintain the stability of the schedule includes lectures by relevant Small and large businesses interact with financial system. This is an elective industry representatives. various levels of government on a daily course that examines the institutions that basis. Companies such as Uber, Airbnb, run macroeconomic and financial sector Global Macroeconomics Amazon, and Facebook invest enormous policy both in the United States and ECON-UB 230 3 units. human and financial resources in their around the world. The course explains Prerequisite: ECON-UB 11 or dealings with policy makers. the functions of the central banks, equivalent. Government taxes, subsidizes, and regu- including the Federal Reserve and inter- This course introduces students to inter- lates business activity. In return, busi- national financial organizations like the national macroeconomics and analyzes nesses attempt to shape public policy by IMF. current international macroeconomics lobbying politicians and financing their and financial issues, policies, and events, electoral campaigns. This course is about including current global economic condi- understanding how the business and gov- tions in the United States, Europe, and ernment worlds affect each other. Asia and emerging market economies;

E C O N O M I C S 38 interest rates, exchange rates, and asset Global Economic Trends Economics of Innovation prices in the global economy; causes and ECON-UB 240 3 units. ECON-UB 119 3 units. consequences of trade deficits and external Prerequisite: ECON-UB 1 or equivalent. Prerequisites: ECON-UB 1 and imbalances; emerging market economies; This course gives students the opportu- STAT-UB 1 or equivalent. financial crises; causes of currency, bank- nity to familiarize themselves with some Full course description can be found on ing, and financial crises; short- and long- of the most important trends that will page 37. term effects of monetary and fiscal policy affect the global economy during their asset bubbles, credit booms, and financial lifetime, understand their drivers, and Data Bootcamp crises; and the globalization of financial come to appreciate the policy challenges ECON-UB 232 3 units. markets. These topics are integrated into that they entail. The topics include pop- Data Bootcamp is about the nuts and a theoretical framework that stresses ulation growth and aging, international bolts of data analysis. Students learn international factors from the start. migration, technological progress, glob- about economic, financial, and business Examples from the United States, Europe, alization, inequality, urbanization, cli- data, as well as the basics of computer Japan, China, and emerging market mate change, and congestion. programming. Applications include economies are used to enhance knowledge some or all of the following: leading eco- of the world economy. Econometrics I nomic indicators; country indicators; ECON-UB 251 3 units. bond and equity returns; stock options; The Economy of Cities Prerequisites: ECON-UB 1 and STAT- income by zip code; “long tail” sales data; ECON-UB 237 3 units. UB 103 or equivalent. innovation diffusion curves; attendance Prerequisites: ECON-UB 1 and STAT- This course teaches students to use popu- data for plays and sports teams; and many UB 1 or equivalent. lar applied econometric methods while others. The course uses Python, a popular Why do Wall Street firms pay such high developing their theoretical understand- high-level computer language widely rent to locate in Downtown Manhattan? ing of those methods. Topics include least used in finance, consulting, and other Why do technology firms cluster squares, asymptotic theory, hypothesis areas of the business world. “High-level” together in Silicon Valley? How is testing, instrumental variables, difference- means that it is less difficult than most London likely to be affected by Brexit? in-differences, regression discontinuity, (the hard work is done by the language Why is housing so expensive in San treatment effects, panel data, maximum and its collection of tools), but it is a seri- Francisco compared to Houston? The likelihood, discrete choice models, ous language with extensive capabilities. goal of this course is to answer these sorts machine learning, and model selection. “Analysis” means primarily graphical of questions by analyzing cities as eco- descriptions that summarize the proper- nomic systems. The course introduces The following six courses constitute the ties of data in ways that are helpful to students to a standard set of urban eco- Frontiers of Economics sequence, which is managers. nomic theories and shows how these tools designed to develop quantitative skills and can be applied to the real world through apply them to economic issues and projects. Macroeconomic Foundations for a set of case studies of firms and cities. Asset Prices The course covers a range of topics Quantitative Microeconomics ECON-UB 233 3 units. including real estate development and ECON-UB 10 3 units. Prerequisites: MATH-UA 121 or equiv- zoning regulations, transportation infra- Prerequisite: ECON UB-1 or equivalent. alent and sophomore standing. structure investments, local technology This course covers a series of advanced This course is about links between asset spillovers and innovation clusters, the microeconomics topics aimed to intro- prices (particularly prices of equity role of investments in local public goods duce students to important issues as well indexes and bonds) and the economy as a such as education, and more. as to quantitative tools commonly used whole (particularly business cycles, infla- by researchers, managers, and policymak- tion, and monetary policy). It's also about The Political Economy of ers. The set of tools includes, in a special the tools used to study these links: math- Development way, game theory. Course topics are pri- ematical tools, economic tools, and soft- ECON-UB 239 3 units. marily focused on industrial organization ware tools. Possible topics include the Prerequisites: ECON-UB 1 and and include: trust and reputation, con- relation between economic growth and STAT-UB 103. tracts, market segmentation, auctions, asset returns, "arbitrage-free" asset pric- This course explores the political causes consumer behavior, innovation, network, ing, equity index options, the volatility and consequences of underdevelopment. and platforms. smile, monetary policy and inflation, and It goes beyond traditional explanations the term structure of bond prices and for economic growth often covered in Independent Study in Economics interest rates. For each of these topics, macroeconomics courses and argues that ECON-UB 94 1 unit. macroeconomic foundations are a source a fundamental driver of a country’s eco- Independent study provides an opportunity of insight into the behavior of asset nomic development is its economic and for a select group of upperclassmen each prices. political institutions. Students study the year to work one-on-one with a faculty deep historical roots of these institutions member on a topic selected by the student Advanced Topics in Modern and the way in which they have evolved. and approved by the supervising faculty Macroeconomics The course also shows that economic member. Each student is expected to spend ECON-UB 234 3 units. development is one of other several out- as much time on the independent study as Prerequisites: MATH-UA 121 or equiv- comes that co-evolve with institutions. would be spent on a regular course, and the alent and sophomore standing. Underdeveloped societies often have topic selected may not replicate an existing This course considers the acquisition and weak states and are more prone to con- course. An information sheet with impor- processing of information to guide fore- flict, crime, corruption, and distorted tant guidelines about Independent Study is casting, investment, and other decisions. economic policies - topics covered available at stern.nyu.edu/portal-partners/ Students develop such tools as Bayesian throughout the course. Students also dis- current-students/undergraduate/ analysis and measures of information con- cuss the cutting-edge research on this resources-policies/forms. Further informa- tent and capacity, and then apply each to subject and the statistical analysis and tion regarding the policies surrounding decisions about what kinds of informa- simple mathematical models used by Independent Studies can be found on tion to acquire and how to use that to scholars to study these questions. page 114. make effective economic and financial decisions.

E C O N O M I C S 39 Other Stern Electives CAS ECONOMICS ELECTIVE Game Theory COURSES MULT-UB 20 3 units. For an updated list of Economics elective Full course description can be found in courses offered by the College of Arts & the Multidisciplinary Courses section Science, see the Economics Department’s (page 69). website at as.nyu.edu/econ.

The Financial System MULT-UB 27 3 units. Full course description can be found in the Multidisciplinary Courses section (page 69).

E C O N O M I C S 40 Entrepreneurship

Program As the landscape of work is transformed ENTREPRENEURSHIP by digital technologies over the coming CO-CONCENTRATION *If this course is not offered in a given of Study decades, entrepreneurial thinking and REQUIREMENTS (12 UNITS) term, students may consult with the fac- skills will be imperative for a successful ulty adviser for alternative course sugges- Students who decide to co-concentrate career. The Entrepreneurship co-con- tions to fulfll this requirement. in Entrepreneurship must take 12 units centration develops the perspective and (the equivalent of four 3-unit courses) networks necessary to succeed as a Note: A Stern elective course may satisfy in Entrepreneurship. These 12 units startup founder, to make smart venture only one concentration or co-concentration must include the following: capital investments, and to influence requirement (e.g., Patterns of innovation policy. Entrepreneurship can count toward the Patterns of Entrepreneurship* The co-concentration is most effec- Entrepreneurship concentration require- MGMT-UB 85 tive when studied in conjunction with ment OR as an advanced Management an additional Stern concentration. elective, but it cannot satisfy both require- Plus 9 units from among the courses Therefore, students who wish to pursue ments). Refer to page 119 in the Policies listed in the Advanced Courses section the Entrepreneurship co-concentration & Procedures of the College section of this on the following pages. must also complete an additional Stern bulletin for more information about the concentration. restrictions on double-counting Stern coursework.

Courses REQUIRED COURSE FOR Managing People & Teams at The Startup Lab ENTREPRENEURSHIP Work MULT-UB 301 3 units. CO-CONCENTRATION MGMT-UB 7 3 units. Full course description can be found in Full course description can be found in the Multidisciplinary Courses section Patterns of Entrepreneurship the Department of Management & (page 69). MGMT-UB 85 3 units. Organizations section (page 50). Full course description can be found in Real Estate Development & the Department of Management & Managing Family Businesses & Entrepreneurship Organizations section (page 50). Privately-Held Firms OPMG-UB 60 3 units. MGMT-UB 28 3 units. Full course description can be found in ADDITIONAL COURSES THAT Full course description can be found in the Department of Operations section CAN BE TAKEN AS ENTRE- the Department of Management & (page 59). PRENEURSHIP ELECTIVES Organizations section (page 50). Social Entrepreneurship Introduction to Programming & BSPA-UB 41 3 units. Brand Strategy & Planning Data Science Full course description can be found in MKTG-UB 55 3 units. TECH-UB 23 3 units. the Sustainable Business section Full course description can be found in Full course description can be found in (page 64). the Department of Marketing section the Department of Computing & Data (page 53). Science section (page 33). Topics in Entrepreneurial Finance FINC-UB 61 3 units. Foundations of FinTech Networks, Crowds, & Markets Full course description can be found in MULT-UB 80 3 units. TECH-UB 60 3 units. the Department of Finance section Full course description can be found in Full course description can be found in (page 42). the Multidisciplinary Courses section the Department of Computing & Data (page 69). Science section (page 33). Applications in Entrepreneurial Finance: FinTech Entrepreneurship in Law & Digital Innovation & FINC-UB 62 3 units. Practice Crowdsourcing Full course description can be found in MULT-UB 86 3 units. TECH-UB 70 3 units. the Department of Finance section Full course description can be found in Full course description can be found in (page 42). the Multidisciplinary Courses section the Department of Computing & Data (page 69). Science section (page 33).

E N T R E P R E N E U R S H I P 41 Finance (FINC-UB)

Program In general, finance can be divided into the Stern Office of Academic equivalent of four 3-unit courses) in two subfields - corporate finance and Advising by the end of their sopho- finance in addition to the required of Study investments/capital markets. The more year to ensure that course distri- core course, Foundations of Finance Finance chart on page 47 lists advanced bution requirements are being met (FINC-UB 2). These 12 units must electives by the subfield to which they and to formally declare the finance include the following: belong and the associated prerequisites. concentration. A Department of The material in several courses overlaps Finance undergraduate faculty adviser Corporate Finance both subfields. The two-course is always available to advise on FINC-UB 7 sequence of Foundations of Finance finance course selection or other mat- (FINC-UB 2) followed by Corporate ters students may wish to discuss. Plus 9 units from among the courses Finance (FINC-UB 7) provides an listed in the Advanced Courses sec- excellent overview of these two areas FINANCE CONCENTRATION tion on the following pages. within finance for students who are not PROGRAM REQUIREMENTS pursuing this concentration. (12 UNITS) Students concentrating in finance should consult with their adviser in Students who decide to concentrate in finance must take 12 units (the

Courses CORE COURSE ous valuation techniques. There is an rate finance "concepts" (debt overhang, Foundations of Finance emphasis on understanding the the- risk-shifting, managerial agency, FINC-UB 2 4 units. Fall, spring, and ory and its applications to the real adverse selection, etc.) and "applica- summer. world as well as appreciating the lim- tions" (bankruptcy and restructuring, Prerequisites: STAT-UB 103 or itations of the tools in practical set- IPOs and valuation, M&A, corporate STAT-UB 1, and STAT-UB 3 or tings. Specific topics include capital governance, etc.). ECON-UA 18 or ECON-UA 19, and budgeting, investment decision rules, ECON-UB 1 or ECON-UA 2 or discounted cash flow valuation, real Alternative Investments I: ECON-UA 5, and sophomore standing. options, cost of capital, capital struc- Principles & Strategies Corequisite: ACCT-UB 1. ture, dividend policy, and valuation FINC-UB 15 3 units. This is a rigorous course that helps methods such as WACC and APV. Prerequisite: FINC-UB 2. students develop basic concepts and This course provides both a theoreti- tools of modern finance. It explores in ADVANCED COURSES cal and practical look into the world of managing alternative investments, detail basic concepts of return and risk Advanced Corporate Finance with a view to understanding how in particular, hedge funds. The course FINC-UB 8 3 units. is organized from the perspective of financial markets work and how dif- Prerequisite: FINC-UB 7. ferent kinds of financial instruments an asset manager (e.g. pension fund, The purpose of this course is to famil- endowment, family office, fund of are valued. These instruments, includ- iarize students with the core concepts ing equities, fixed income securities, funds, etc.) having to choose amongst and theory underlying much of the a cross-section of hedge funds. options, and other derivative securi- general understanding of corporate ties, become vehicles for exploring Students are introduced to the finance and its impact on corporate dimensions and institutional features various financial markets and the use valuation. The first part of the course of these markets by managers in dif- of the hedge fund sector, and then consists of lectures on corporate proceed to study how various classic ferent kinds of financial institutions to finance theory which explore the links enhance return and manage risk. hedge fund strategies (as well as more between a firm's financing decisions, advanced quantitative strategies) are its investment decisions, and corporate executed. Performance evaluation, REQUIRED COURSE FOR structure through the lenses of taxes, risk management, and due diligence FINANCE CONCENTRATION information asymmetries, and the con- in the formation and execution of Corporate Finance flicts of interest between its various strategies are also covered. Students FINC-UB 7 3 units. Fall, spring, and stakeholders. The second part of the have access to a proprietary software summer. course consists of case studies which platform (Focus/Vidrio) that helps Prerequisite: FINC-UB 2. illustrate the relevance of the theoreti- them work through and understand This course helps students develop an cal framework for understanding and various aspects of the manager selec- analytical framework for understand- designing real-world corporate finan- tion and due diligence process. This ing how organizations make investing cial strategy and for understanding course is cross-listed with and meets and financing decisions. Students also and dealing with strategic issues in jointly with MBA students in FINC- learn the theory and practice of vari- corporate valuation. The course mate- GB 2350. rial is organized around central corpo-

F I N A N C E 42 Risk Management in Financial Debt Instruments & Markets capital markets. Its target audience is Institutions FINC-UB 26 3 units. students specializing in real estate for FINC-UB 22 3 units. Prerequisite: FINC-UB 2. whom this is a capstone course, but it Prerequisite: FINC-UB 2. This course describes important fixed is also open to finance-oriented stu- This course examines the manage- income securities and markets and dents who wish to gain an in-depth ment of risks in a wide range of finan- develops tools for valuing debt understanding of real estate invest- cial activities, with a particular focus instruments and managing interest ment analysis. Topics covered span on market risk, credit risk, and liq- rate risk. The course covers tradi- the real estate equity and debt mar- uidity risk. It uses quantitative mod- tional bond pricing, term structure, kets, both public and private. The els to estimate credit losses, economic and interest rate risk concepts. It also bulk of the course focuses on commer- capital and value at risk, and to per- covers the analytical and institutional cial real estate, but some time is spent form stress tests and scenario analysis. aspects of fixed income derivatives, studying the housing markets. There The course also analyzes the conse- such as interest rate swaps, forwards, are three major sections in the course: quences of technological change, futures, and options, as well as bonds (1) structured finance and the CMBS globalization, monetary policy, and with embedded options and mort- market, (2) REITs and Publicly- the entry of new types of institutions gage-backed securities. Topics also Traded Real Estate, and (3) the into existing financial markets. It include credit risk, bond portfolio Private Real Estate Market. The class emphasizes the importance of sys- management, financial engineering, contains a mixture of standard lec- temic risk, moral hazard, and new and international fixed income. The tures, guest speakers, and case discus- regulations in light of the recent study of fixed income is quantitative sions. It meets once per week for financial crisis. and technical by nature. three hours to accommodate the rela- tively high number of guest speakers Emerging Markets Finance Behavioral Finance and cases in the course. FINC-UB 23 3 units. FINC-UB 29 3 units. Prerequisites: FINC-UB 2 and Prerequisite: FINC-UB 7. Real Estate Capital Markets ECON-UB 11. This course uses human psychology FINC-UB 38 3 units. The perspective in this course is of an and market frictions to shed light on Prerequisite: FINC-UB 2. investment manager specializing in asset returns, corporate finance pat- This course introduces students to emerging and frontier markets who is terns, and various Wall Street institu- real estate securitization from both an responsible for optimizing perform- tional practices. It starts with equity and debt perspective. It ana- ance of investment portfolios at a motivating evidence of return pre- lyzes alternative types of equity secu- bank, pension, endowment, or dictability in stock, bond, foreign ritization vehicles including real mutual fund. Investment opportuni- exchange, and other markets. The estate investment trusts (REITs), ties in emerging financial markets course then proceeds to themes commingled real estate funds around the world are examined in the including the role of arbitrageurs in (CREFs), real estate limited partner- context of performance optimization financial markets, the psychological ships (RELPs), master limited part- and global risk diversification against and judgmental biases of average nerships (MLPs), and real estate a typical backdrop of high per capita investors, and the financing patterns swaps. The course also introduces stu- income growth, low leverage, favor- (such as capital structure and divi- dents to mortgage-backed securities able demographics, accelerating dend policies) of firms that raise capi- (MBSs) as an example of real estate urbanization, and improving trans- tal in inefficient securities markets debt securitization, and explores dif- parency at both the macro-policy and and/or are led by irrational managers. ferences in their cash flows, prepay- corporate governance levels. ment, and default probabilities. It Challenges considered include politi- International Financial discusses the dynamics of mortgage cal risk, currency risk, asymmetric Management prepayments and pricing the embed- information, speculative pressure, and FINC-UB 30 3 units. ded call option in a mortgage, fol- market manipulation. Liquidity limi- Prerequisites: FINC-UB 7 and lowed by real-world applications. tations, legal constraints, and varying ECON-UB 11. Students explore such mortgage accounting rules and standards also This course examines the operation of derivatives as mortgage pass- pose challenges to emerging market international currency exchange and throughs, interest-only and principal- investors. These unique challenges capital markets and applies financial only strips, floaters and inverse also provide unique opportunities not management principles to the finan- floaters, and various types of collater- available in developed markets. Asset cial decisions of multinational corpo- alized mortgage obligations such as classes range from equities, curren- rations. It addresses such topics as planned amortization classes. cies, bonds, and derivatives to real economic determinants of exchange estate and private equity. Class dis- rates, currency market efficiency, Real Estate Primary Markets cussion and reading focus on both the exchange rate forecasting, techniques FINC-UB 39 3 units. theoretical background as well as for measuring and managing expo- Prerequisite: FINC-UB 2. Corequisite: practical knowledge necessary to suc- sure to exchange and political risk FINC-UB 7. cessfully navigate the opportunities and financing alternatives and capital This course covers the theory and and pitfalls of emerging and frontier budgeting decisions of multinational measurement of return and risk on market investing. The course also corporations. Readings and case stud- real estate financial decisions. Topics includes a select group of guest ies are employed. include loan valuation theory, deter- speakers who share their firsthand mination of future costs, discounting knowledge and accounts of investing Real Estate Investment Strategies procedures for cash flows of income- and operating in emerging markets. FINC-UB 35 3 units. producing properties, and utilization Prerequisite: FINC-UB 2. of negative cash flows. Finance theory This course is designed for students is applied to real estate decisions with a strong interest in real estate regarding land subdivision, property

F I N A N C E 43 development, lender strategies, and ture of returns be used to construct trophe derivatives. In the first section the role of government agencies in better portfolios and products? (3) of the course, the discussion of trad- real estate. How should the performance of exist- ing strategies is in the context of the ing products be evaluated given the management of the risk of a deriva- Equity Valuation empirical evidence? The basic theo- tives book. The topics covered in the FINC-UB 41 3 units. retical framework is standard portfo- second part include the relationship Prerequisite: FINC-UB 7. lio theory, as developed in of swaps to other fixed income con- This course covers the valuation of Foundations of Finance, and its exten- tracts such as futures contracts and stocks and businesses. Real life valua- sions, and the course will rely heavily forward rate agreements, valuation tions of companies are an inherent on Excel modeling using real world and hedging of swaps, building the part of the content. By the end of the data. yield curve, and valuation and hedg- course, students should be able to: (1) ing of interest rate options, with par- apply discounted cash flow analysis to The Financial Service Industry ticular reference to caps, floors and find the intrinsic value of an asset; (2) FINC-UB 45 3 units. swaptions, and modeling the term define, describe, analyze, and apply Prerequisite: FINC-UB 7. structure of interest rates. The third any multiple (PE, Value/EBITDA, This course provides a broad overview section of the course deals with non- Price/Book Value, etc.) to find the of investment banking and the forces standard option contracts such as relative value of an asset; (3) value any that continue to impact it worldwide. exotic options and options on new publicly traded firm, small or large, It focuses on three big questions: (1) underlying instruments such as domestic or foreign, healthy or trou- How are things done in this business? credit, weather, and insurance deriva- bled; (4) value any private business (2) Why are they done that way? (3) tives. for owners or investors (private How are they likely to be done in the equity, venture capital, IPO); and (5) future? The approach examines each Principles of Securities Trading separate fact from fiction, sense from of the principal businesses in which FINC-UB 49 3 units. nonsense, and real analysis from sales various financial service firms have Prerequisite: FINC-UB 2. pitch in equity research reports, valu- been involved, including raising capi- This course is about how securities ations, and general discourse. tal, financial advisory, broker/dealer are traded including the design, oper- positions, trading, investing the ation, and regulation of trading Futures & Options firm's own capital, managing the processes, mechanisms, and protocols. FINC-UB 43 3 units. assets of others, both institutions and Today's markets for stocks, bonds, Prerequisite: FINC-UB 2. individuals, and risk management. and derivatives span a wide range in This course covers the theoretical and Throughout, there are a number of sophistication and complexity. For practical aspects of futures, options, overarching themes. Among these are some securities, the market has and other derivative instruments, the interplay of regulation, politics, evolved to an integrated network that which have become some of the most globalization, and technology; the offers very high levels of access and important tools of modern finance. emergence of private equity funds transparency. At the other extreme While the primary focus is on finan- and hedge funds as both critical are markets that operate as small cial derivatives, contracts based on clients and potential competitors for dealer networks sustained by reputa- commodities, credit risk, and other the major investment banks; the tion and relationship. Some mecha- nonfinancial variables are also cov- search for new, high-margin products, nisms are new (the open electronic ered. Topics include market institu- and whether that process has reached limit order book); some are as old as tions and trading practices, valuation its limits; and the changing relation- antiquity (the single-price call auc- models, hedging, and other risk man- ships among the different groups tion). There is a general sense that all agement techniques. The course within the financial service company. markets are heading toward some sort requires relatively extensive use of of electronic future, but the speed of quantitative methods and theoretical Advanced Futures & Options progress and convergence varies reasoning. FINC-UB 47 3 units. widely. Today’s markets are infused Prerequisite: FINC-UB 43. with tensions between efficiency and Portfolio Management This course consists of three parts. fairness, competition and regulation, FINC-UB 44 3 units. The first section involves a detailed consolidation and fragmentation, Prerequisite: FINC-UB 2. examination of the pricing and hedg- speed and stability, and so on. The There has been a proliferation of new ing of option contracts, with particu- course is based on a realistic picture of products and strategies in asset man- lar emphasis on the application of trading. agement in recent years, such as these concepts to the design of deriva- smart beta, alternative beta, funda- tives instruments and trading strate- Mergers, Acquisitions, & mental indexing, low volatility, and gies. The first part of this section is a Restructuring leveraged and inverse ETFs. This review and re-examination of materi- FINC-UB 50 2 units. course applies portfolio theory to als covered in the basic course, but Prerequisite: FINC-UB 7. understand and evaluate these prod- with greater rigor and depth of cover- This course presents the theories and ucts and strategies in the context of age. The emphasis in the second part empirical evidence on mergers, acqui- the empirical evidence about return of this first section is on trading sitions, and restructuring, and ana- patterns across assets (i.e., the factors applications and risk management. lyzes the effects of various policy such as value/growth, momentum, The second section of the course is options on the stock values of and carry that drive returns) in multi- designed to provide a broad exposure acquirer and target companies. ple markets/asset classes (e.g., U.S. to the subject of interest rate deriva- Findings about the reaction of stock and international equities and bonds, tive products, both swaps and prices to information on control currencies, and commodities). Key options. The last section of the course transactions are used to analyze the questions addressed include: (1) deals with recent innovations in the effects of various policy options in What factors drive asset returns? Is it derivatives markets such as exotic such transactions. Topics related to risk or mispricing? (2) Can this struc- options, credit derivatives, and catas- M&A include evaluating acquisition

F I N A N C E 44 targets, methods of payment in acqui- industry has grown rapidly over the intermediaries, as well as introduces sitions, acquisition strategies, the use last decade aided in part by the pri- insurance sector career opportunities. of leverage in acquisitions and the vate nature of funds and light regula- effects of acquisitions on bond values, tion that has enabled managers to Chinese Financial Markets major legal issues, case law, and employ strategies not available to tra- FINC-UB 86 3 units. defensive measures against hostile ditional fund managers. The course This course provides students with a acquisitions. The course combines examines critical aspects of hedge comprehensive understanding of lecture material, case analysis, quanti- fund investment styles including the Chinese financial markets. It intro- tative and qualitative analysis, and trading mechanism, risk-return pro- duces the institutions, instruments, discussions of relevant news of such files of investment styles, trading and empirical regularities of Chinese transactions. There is an emphasis on costs, risk management, and perform- financial markets and the role these fundamental concepts of valuation ance measurement. Strategies covered markets play in the broader Chinese and other areas of corporate finance include event driven strategies, economy. It focuses on current issues related to M&As. equity, debt, FX, cross-market strate- and debates about Chinese financial gies, global macro, and shareholder markets, including the Chinese bank- Entrepreneurial Finance activism. Distinguished guest speak- ing system, RMB exchange rates, FINC-UB 61 3 units. ers discuss key issues and provide Chinese stock and bond markets, Prerequisite: FINC-UB 7. real-life perspectives. mutual and hedge fund industry, This course seeks to provide an under- Chinese derivative markets, and other standing of the financial and transac- Financial Analysis in EMT important topics. The similarities and tional skills required to fund new FINC-UB 68 2 units. differences between Chinese financial businesses and mature firms. The Prerequisite: FINC-UB 7. Strongly rec- markets and more developed markets course integrates both an academic ommended: ACCT-UB 3. are highlighted. and practitioner view of the chal- The course is designed for students lenges facing entrepreneurs and who intend to pursue careers across Independent Study in Finance investors involved in business start- the investment banking industry as FINC-UB 94 1 unit. up, venture capital, and private well as those exploring careers in mar- Independent study provides an oppor- equity investment activities. The keting, corporate strategy, and man- tunity for a select group of upper- course presents frameworks and tech- agement. This course provides classmen each year to work niques needed to evaluate high-risk analytical tools that reinforce and one-on-one with a faculty member on opportunities and structure appropri- build upon concepts learned in intro- a topic selected by the student and ate investment transactions. ductory corporate finance by applying approved by the supervising faculty them to recent and ongoing transac- member. Each student is expected to Applications in Entrepreneurial tions in entertainment, media, and spend as much time on the independ- Finance: FinTech technology (EMT) companies. Areas ent study as would be spent on a reg- FINC-UB 62 3 units. covered include equity and debt ular course, and the topic selected Prerequisite: FINC-UB 2. analysis, mergers and acquisitions, may not replicate an existing course. This course examines the lifecycle of and corporate development. Students An information sheet with important high-growth new ventures (i.e. start- analyze recent and ongoing transac- guidelines about Independent Study ups) with a focus on how they are tions in social media, video gaming, is available at stern.nyu.edu/ funded. Students follow the path of a online video, cable TV, media, and portal-partners/current-students/ successful startup from its founding technology to make the material topi- undergraduate/resources-policies/forms. through the stages of new venture cal and relevant. Further information regarding the finance. These include developing a policies surrounding Independent business plan and its financials, the Risk & Insurance Studies can be found on page 114. core skills of valuation, the venture FINC-UB 81 3 units. capital industry, and how entrepre- Prerequisite: FINC-UB 2. ADDITIONAL COURSES neurs and investors realize returns. This course introduces the insurance THAT CAN BE TAKEN AS Through examples of specific compa- sector and the roles it plays as a major ADVANCED FINANCE nies and technologies, students also factor in the financial services arena, ELECTIVES learn about the emerging landscape of starting with risk identification and financial technology (FinTech) start- the risk management process across Financial Modeling & Analysis ups. The course considers the follow- the economy, and examination of ACCT-UB 23 3 units. ing subsectors, where startups are insurance as a systematic and strategic Full course description can be found either seeking to displace incumbents process to pool, transfer, and finance in the Department of Accounting sec- or sell them their services: personal both business and personal risk. tion (page 29). finance, blockchain, equity crowd- Students study the private insurance funding, lending (peer-to-peer and industry, the underlying financial Financial Statement Modeling AI-augmented), payments, insurance, structure of insurance products, and ACCT-GB 6300 3 units. institutional investment, and money explore the financial, actuarial, mar- Full course description can be found transfer. keting, investment, underwriting, in the Department of Accounting sec- claims, technology, and regulatory tion (page 29). Hedge Fund Strategies challenges in managing an insurance FINC-UB 66 3 units. company. The course looks at the Global Macroeconomic Issues Prerequisite: FINC-UB 7. industry financial performance over ECON-UB 230 3 units. This course aims to provide an in- time, public company valuation met- Full course description can be found depth understanding of the strategies rics, and structuring of acquisitions in the Department of Economics sec- used by hedge funds, employing a and capital formation among insur- tion (page 36). hands-on approach based on case ance companies. It also examines dis- studies and real data. The hedge fund tribution channels and marketplace

F I N A N C E 45 Macroeconomic Foundations for Derivative Securities Students may request a complete list of Asset Prices MATH-GA 2791 3 units. approved courses from the Undergraduate ECON-UB 233 3 units. This course is an introduction to arbi- Advising Offce. Courses are reviewed for Full course description can be found trage-based pricing of derivative applicability toward the concentration on in the Department of Economics sec- securities. Topics covered include an ongoing basis by faculty advisers. tion (page 36). arbitrage; risk-neutral valuation; the Students may also seek out additional log-normal hypothesis; binomial courses for review by faculty regarding The Financial System trees; the Black-Scholes formula and their applicability toward the concentra- MULT-UB 27 3 units. applications; the Black-Scholes par- tion. No more than one non-Stern course Full course description can be found tial differential equation; American may be counted toward the concentration. in the Multidisciplinary Courses sec- options; one-factor interest rate mod- tion (page 69). els; swaps, caps, floors, swaptions, and Note: Requests to take graduate-level other interest-based derivatives; and courses must be processed through the Stern Foundations of FinTech credit risk and credit derivatives. Undergraduate Advising Offce. Please MULT-UB 80 3 units. consult an academic adviser for further Full course description can be found Continuous Time Finance information. in the Multidisciplinary Courses sec- MATH-GA 2792 3 units. Fall term. tion (page 69). Prerequisites: MATH-GA 2791 and MATH-GA 2902 or equivalents. Risk & Portfolio Management This is a second course in arbitrage- with Econometrics based pricing of derivative securities. MATH-GA 2751 3 units. Students study the Black-Scholes This course provides a comprehensive model and its generalizations, which introduction to the theory and prac- include equivalent martingale meas- tice of portfolio management – the ures, the martingale representation central component of which is risk theorem, the market price of risk, and management. Econometric tech- applications such as change of niques are surveyed and applied to numeraire and the analysis of quan- these disciplines. Topics covered tos. The course also covers interest include factor and principal-compo- rate models such as the Heath- nent models, CAPM, dynamic asset Jarrow-Morton approach and its rela- pricing models, Black-Litterman, tion to short-rate models, and forecasting techniques and pitfalls, applications including mortgage- volatility modeling, regime-switch- backed securities. Other topics ing models, and many facets of risk include the volatility smile/skew and management, both in theory and approaches to accounting for it - practice. underlyings with jumps, local volatil- ity models, and stochastic volatility models.

F I N A N C E 46 Advanced Finance Electives Chart

FINC-UB 2 Foundations of Finance

! FINC-UB 7 Corporate Finance ! FINC-UB 8 Advanced Corporate Finance

FINC-UB 22 Risk Management inFinancial Institutions

FINC-UB 39 Real Estate Primary Markets

FINC-UB 45 The Financial Services Industry

FINC-UB 50 Mergers, Acquisitions, & Restructuring

MULT-UB 27 The Financial System Corporate Finance FINC-UB 29 Behavioral Finance

FINC-UB 30 International Financial Management

FINC-UB 61 Topics in Entrepreneurial Finance

FINC-UB 62 Applications in Entrepreneurial Finance: FinTech (*)

FINC-UB 68 Financial Analysis in EMT

FINC-UB 41 Equity Valuation

FINC-UB 66 Hedge Fund Strategies

Investments & FINC-UB 15 Alternative Investments I Capital Markets FINC-UB 23 Emerging Markets Finance

FINC-UB 26 Debt Instruments & Markets

FINC-UB 35 Real Estate Investment Strategies

FINC-UB 38 Real Estate Capital Markets

FINC-UB 43 Futures & Options

FINC-UB 47 Advanced Futures & Options

FINC-UB 44 Portfolio Management

FINC-UB 49 Principles of Securities Trading

FINC-UB 81 Risk & Insurance

FINC-UB 86 Chinese Financial Markets

*Foundations of Finance (FINC-UB 2) is the only prerequisite for FINC-UB 62.

F I N A N C E 47 Global Business

Program Understanding the global nature of Both additional electives may be (ANTH-UA), Art History business activity remains a critical taken at Stern, however, it is recom- (ARTH-UA), East Asian of Study element of business education. With mended that students expand their Studies (EAST-UA), Economics required courses in Economics of Global Business knowledge by taking (ECON-UA), Environmental Global Business and the International one course toward the concentration Studies (ENVST-UA), European Studies Program, the Stern from outside of Stern in one of the Studies (EURO-UA), French Undergraduate College curriculum following approved areas: Studies (FREN-UA), German provides students with an excellent Studies (GERM-UA), Hebrew introduction to many of the basic • Foreign language through the Language & Literature principles of international business. College of Arts & Science: To sat- (HBRJD-UA), Spanish Yet, the continued globalization of isfy the Global Business concentra- Language & Literature (SPAN- business suggests that many students tion requirement, a student must UA), Italian Studies (ITAL- can benefit by extending their study take either two 4-unit language UA), Middle Eastern & Islamic of international business beyond the courses in the same language (e.g. Studies (MEIS-UA), Religious required courses. The substantial Elementary French I & Elementary Studies (RELST-UA), Russian & global research interest of Stern fac- French II) or one intensive 6-unit Slavic Studies (RUSSN-UA), ulty provides unparalleled opportu- language course (e.g. Intensive Sociology (SOC-UA). For more nity for additional rigorous Elementary French). information, consult the CAS coursework on international topics. • Comparative Politics or website at cas.nyu.edu. Global Business is most effective International Politics through the ° Steinhardt School of Culture, when studied in conjunction with an College of Arts & Science: Any Education, & Human additional Stern concentration. courses numbered as POL-UA Development: Media, Culture, Therefore, students who wish to pur- 5XX/95XX (Comparative Politics & Communication (MCC-UE). sue the Global Business co-concentra- courses taught in New York or at a For more information, consult tion must also complete an additional study away site) or POL-UA the MCC website at Stern concentration. 7XX/97XX (International Politics steinhardt.nyu.edu/mcc. courses taught in New York or at a ° Wagner School of Public GLOBAL BUSINESS study away site). For more informa- Service: Select courses num- CO-CONCENTRATION tion regarding these courses, con- bered UPADM-GP. For more REQUIREMENTS (12 UNITS) sult the Department of Politics information, consult the website at as.nyu.edu/politics. Wagner website at International Business • Certain courses in the following wagner.nyu.edu/undergrad/ Management schools/departments have been minors#sec-SE. MGMT-UB 4 approved. For a specific list of ° Students may seek out addi- approved courses, please consult tional courses for review by the and one of the following:* with a member of the Stern faculty adviser on a case-by-case Undergraduate Academic Advising basis regarding applicability Global Macroeconomics Issues Office. As a frame of reference toward the concentration ECON-UB 230 when looking for courses, students Note: A Stern elective course may satisfy should note that appropriate only one concentration requirement (e.g., International Financial courses are those that have rele- International Financial Management can Management vance to global business in the 21st count toward the Global Business co-con- FINC-UB 30 century. Courses that center on his- centration requirement OR as an advanced tory or time periods prior to the fnance elective, but it cannot satisfy both Global Marketing Strategy 21st century or those that prima- requirements). Refer to page 119 in the MKTG-UB 64 rily focus on the arts (e.g. litera- Policies & Procedures of the College section ture, film, etc.) without relating of this bulletin for more information about Plus two electives: the subject matter back to its rele- the restrictions on double-counting Stern vance on greater society will most coursework. Choose at least one additional Stern likely not be approved. course from the approved Stern ° College of Arts & Science: Global Business electives listed on the Social & Cultural Analysis *If a student has taken Global Perspectives following page or one of the above [Africana Studies/Asian, Pacific, on Enterprise Systems (ECON-UB 220) in courses that were not selected to count American Studies/Latino a previous semester, it also satisfies this toward the core of the concentration. Studies/Metropolitan Studies] requirement. (SCA-UA), Anthropology

G L O B A L B U S I N E S S 48 Courses REQUIRED COURSE FOR Global Marketing Strategy Emerging Markets Finance GLOBAL BUSINESS MKTG-UB 64 3 units. FINC-UB 23 3 units. CO-CONCENTRATION Full course description can be found Full course description can be found in the Department of Marketing sec- in the Department of Finance section International Business tion (page 53). (page 42). Management MGMT-UB 4 3 units. Chinese Financial Markets Full course description can be found ADDITIONAL COURSES THAT FINC-UB 86 3 units. in the Department of Management & CAN BE TAKEN AS ADVANCED Full course description can be found Organizations section (page 50). GLOBAL BUSINESS CO-CON- CENTRATION ELECTIVES in the Department of Finance section (page 42). ADVANCED COURSES Below is a list of Stern courses that would Global Perspectives on Enterprise satisfy the required Stern component of the Globalization of the Systems Global Business co-concentration elective Entertainment Industry ECON-UB 220 3 units. requirements. MKTG-UB 46 2 units. Full course description can be found Full course description can be found in the Department of Economics sec- Asian Economies in the Department of Marketing sec- tion (page 36). ECON-UB 222 3 units. tion (page 53). Full course description can be found Global Macroeconomic Issues in the Department of Economics sec- The Financial System ECON-UB 230 3 units. tion (page 36). MULT-UB 27 3 units. Full course description can be found Full course description can be found in the Department of Economics sec- Business & the Environment in the Multidisciplinary Courses sec- tion (page 36). ECON-UB 225 3 units. tion (page 69). Full course description can be found International Financial in the Department of Economics sec- The Middle East: Culture, Management tion (page 36). Markets, & Strategy FINC-UB 30 3 units. MULT-UB 45 3 units. Full course description can be found Global Economic Trends Full course description can be found in the Department of Finance section ECON-UB 240 3 units. in the Multidisciplinary Courses sec- (page 42). Full course description can be found tion (page 69). in the Department of Economics sec- tion (page 36).

G L O B A L B U S I N E S S 49 Management & Organizations (MGMT-UB)

Program MANAGEMENT vide students with both practical MANAGEMENT CONCENTRATION skills and an understanding of the CONCENTRATION of Study Choosing a concentration in manage- underlying theory that will make REQUIREMENTS (12 UNITS) them effective individual contributors ment enables students to understand Students who decide to concentrate in and managers. Students learn to view how organizations work in any indus- management must take four courses the business as a whole, to evaluate try (e.g., financial services, consumer (12 units) in advanced management the overall needs of an organization products, new technology), how to electives after completing the required (for-profit, not-for-profit, and govern- make them more effective, how to core course Management & ment), and to define supporting direct their own careers, as well as Organizations (MGMT-UB 1). Some objectives. They develop an outlook collaborate effectively with peers, and multidisciplinary (MULT-UB) courses that enables them to perceive and ultimately lead those who work for have also been approved to count anticipate opportunities to innovate them. toward fulfilling management concen- and the need for change. The management course program tration requirements. These courses As management always involves helps students develop a repertoire of are listed at the end of this section. people, courses present the most skills to anticipate, address, and Students pursuing a concentration recent theories concerned with resolve the central challenges of run- in management & organizations human behavior along with current ning organizations in the 21st cen- should consult with their adviser in practices that affect and influence tury. They learn how to identify and the Stern Office of Academic behavior in work organizations. The implement the best strategy for a Advising by the end of sophomore management course program comple- firm. They also examine ways in year to ensure that course distribution ments the more specialized focus that which people work as individuals, as requirements are being met and to necessarily characterizes courses in team members, and as members of an formally declare the management other functional areas. It helps stu- organization. concentration. The Department of dents prepare and succeed in a mana- Management & Organizations under- gerial career that leverages, but is not graduate faculty adviser is always CAREER PREPARATION limited to, a functional specialization. available to advise students on which All careers involve the management management courses best fulfill their of individuals and groups. The man- individual objectives. agement program is designed to pro-

Courses CORE COURSE ADVANCED COURSES managing collaboration in and across Management & Organizations International Business teams, motivating effort, perform- MGMT-UB 1 4 units. Management ance, social judgment, and cross-cul- Prerequisite: Sophomore standing. MGMT-UB 4 3 units. tural issues. Students learn how In this course, students attain an Prerequisites: ECON-UB 11 and organizations can improve their effec- understanding of the key factors that MGMT-UB 1. tiveness through better management contribute to organizational success This course focuses on the strategic of people and how individual man- and the role that managers play in and organizational challenges facing agers can be more effective in work- helping their organizations become the multinational firm. Questions ing with and leading others. more successful. Understanding these addressed in the course include: (1) issues helps students be more effec- What are the sources of competitive Managing Innovation tive in their future careers. More advantage in a global context? (2) MGMT-UB 8 3 units. specifically, the course explores how What differentiates a global from a Prerequisites: MGMT-UB 1. organizational leaders develop win- domestic industry? (3) How The success of firms, managers, and ning strategies and then design their does/should a multinational operate individual contributors depends on organizations in a way that aligns in these different environments? their ability to identify innovative structures, social relationships, tasks, products, processes, or both. Research human resource practices, and people Managing People & Teams at has shown that managing innovation to achieve those strategies. In explor- Work requires a learning mindset attuned ing these issues, students identify the MGMT-UB 7 3 units. to new experiences, entrepreneurial challenges that organizational leaders Prerequisite: MGMT-UB 1. thinking, and pragmatic leadership. and managers encounter as they try to This course combines skill-building Some specific questions considered in make good decisions in the face of a through experiential exercises with an this course are: How does design constantly evolving industry environ- understanding of the underlying the- thinking impact the understanding of ment, competing goals and agendas, ory to help students learn how to be strategy and organization design? and an increasingly diverse and global effective managers and team members What roles do the project, middle, workforce. in today’s technology-enabled team and senior management play in the context. Topics include issues such as innovation process? How does one

M A N A G E M E N T A N D O R G A N I Z AT I O N S 50 decide which ideas are worth pursu- Managerial Skills sue a general management, consult- ing? How do firms choose among MGMT-UB 21 3 units. ing, or finance career have a high multiple attractive innovation proj- Prerequisite: MGMT-UB 1. probability of working at or with a ects? What are the best ways to pro- Increasing self-awareness and open- family-controlled business. Whatever tect a firm’s intellectual property? ness to feedback are important first their future role, students will find it steps in leading today’s business for useful to understand the uniqueness Managing in Creative Industries tomorrow’s results. Many companies of these companies, and why they MGMT-UB 9 3 units. bestow a management title on key may or may not want to be involved Prerequisite: MGMT-UB 1. talent and expect appropriate behav- with them. This course exposes students to the ior to follow, but that is not the most dynamics of cultural industries (e.g., effective way to develop future busi- Negotiation & Consensus Building art, theater, music, film, photography, ness leaders. In this course, students MGMT-UB 30 3 units. architecture, etc.) and trains them to focus primarily on the practical Prerequisite: Sophomore standing. think strategically about the nature of aspects of managing. While based on Effective negotiation and consensus- cultural products, including what solid research, the course stresses a building skills are essential for suc- drives their supply and demand, the hands-on approach to improving stu- cess in almost any life factors that affect the value of cultural dents’ management skills. Each ses- domain—whether the goal is to be an products, and how firms can profit sion focuses on developing (1) entrepreneur, film producer, business from them. To address these issues, it personal skills: self-awareness, man- manager, or political leader. In this is important to understand that a key aging stress, solving problems, and course, students study how people feature of these industries is that sym- creativity; (2) interpersonal skills: reach agreement and develop an ana- bolic and aesthetic attributes are at coaching, counseling, supportive lytical approach for reaching more the very core of value creation. This communication, gaining power and effective agreements in organizational implies that the value of cultural influence, motivating self and others, settings. The course draws from products depends largely on third and managing conflict; and (3) group research in psychology and economics parties, such as critics, dealers, foun- skills: empowering, delegating, and to provide academic content, while dations, and users. Some of these par- building effective teams. making use of role-playing exercises ties act as powerful intermediaries or and experiential learning to empha- gatekeepers as they control critical Managing Change size key applied lessons. material and symbolic resources firms MGMT-UB 25 3 units. need to continue to produce cultural Prerequisite: MGMT-UB 1. Power & Politics products. Managing change is a central concern MGMT-UB 66 3 units. for today’s managers as well as the pri- Prerequisite: MGMT-UB 1. Strategic Analysis mary focus of the management con- Politics is not a dirty word! People MGMT-UB 18 3 units. sulting industry. To effectively need to learn how to play good poli- Prerequisite: Sophomore standing. manage change, managers need a solid tics and keep out bad politics. Using This course emphasizes the need to understanding of what change is the same logic, power by itself does look outward to the environment and about, what are its critical aspects, not necessarily corrupt, though inward to a firm’s resources, capabili- and how one can lead change initia- absolute power may corrupt ties, and operating policies. It tives in a disciplined and successful absolutely. In other words, this course describes a firm’s strategy as the for- way. Case analysis and applied projects is about how to conquer the world, or mulation of “competitive strategy”, are the major vehicles for learning in at least how to survive the corporate “corporate strategy,” and “organiza- this course. This course is particularly jungle without losing one’s soul. Even tional strategy”. Competitive strategy relevant for students who plan to pur- those who don’t want to play politics, involves identifying structurally sue careers as general managers or good or bad, need the skills from this attractive industries and developing management consultants. course to ensure they don’t become a the most attractive position within victim of politics. By the end of this that industry – where attractiveness is Managing Family Businesses & course, students will not only have a driven by absolute conditions com- Privately Held Firms conceptual understanding of what bined with the resources and capabili- MGMT-UB 28 3 units. power is within an organizational ties the firm brings to that position. Corequisite: MGMT-UB 1. context, but also a practical grasp of Businesses create value by operating In this course, students develop an what the actual sources of power are. in positions within industries that, by understanding of how privately held They will also have gained substantial virtue of the characteristics of indus- firms and family businesses differ insight into how best to harness their try, the position, and the firm, are from their for-profit competitors. The political skills for effective manage- defensible from the encroachment of course consists of four modules, ment of their chosen career path. competitors and deterioration of the which address the following ques- environment as a whole. Corporate tions: (1) How does family control Patterns of Entrepreneurship strategy focuses on the management affect strategy and management deci- MGMT-UB 85 3 units. and understanding of multi-product, sions such as diversification, M&As, Prerequisite: Sophomore standing. multi-location, and multi-business or financial policies? (2) How can This course offers a framework for firms. Organizational strategy growth in family businesses be man- understanding the entrepreneurial involves developing policies within aged and financed? (3) What struc- process and exposes students to chal- each functional area of the business tures and mechanisms can be put in lenges, problems, and issues faced by unit that are integrative and consis- place to manage family dynamics in a entrepreneurs who start new busi- tent with the firm’s plan for creating productive way? (4) How can succes- nesses. Examining case studies is the value. sion be managed to ensure continuity principal teaching method, supple- in family business systems? (5) How mented by lectures, business cases, can family ownership and control be and guest speakers. Students learn to transferred from one generation to identify and evaluate business oppor- another? Students who want to pur- tunities, develop a business concept

M A N A G E M E N T A N D O R G A N I Z AT I O N S 51 and assess and obtain the required ADDITIONAL COURSES THAT Business Drivers of Industries resources, and manage the growth of CAN BE TAKEN AS MULT-UB 56 3 units. new ventures. ADVANCED MANAGEMENT Full course description can be found ELECTIVES in the Multidisciplinary Courses sec- Independent Study in tion (page 69). Management MGMT-UB 94 1 unit. Experiential Learning Seminar: Entrepreneurship & Law in Independent study provides an oppor- Social Impact Consulting Practice tunity for a select group of upperclass- BSPA-UB 103 3 units. MULT-UB 86 2 units. men each year to work one-on-one Full course description can be found Prerequisites: MGMT-UB 85 (only if a with a faculty member on a topic in the Sustainable Business section student wishes to count it as an elective selected by the student and approved (page 64). toward the Management concentration) by the supervising faculty member. and sophomore standing. Each student is expected to spend as Competitive Analysis Full course description can be found much time on the independent study ECON-UB 15 3 units. in the Multidisciplinary Courses sec- as would be spent on a regular course, Full course description can be found tion (page 69). and the topic selected may not repli- in the Department of Economics sec- cate an existing course. An informa- tion (page 36). Fashion Industry: Creativity & tion sheet with important guidelines Business about Independent Study is available Case Analysis MULT-UB 104 3 units. at stern.nyu.edu/portal-partners/ MULT-UB 5 2 units. Full course description can be found current-students/undergraduate/ Full course description can be found in the Multidisciplinary Courses sec- resources-policies/forms. Further infor- in the Multidisciplinary Courses sec- tion (page 69). mation regarding the policies sur- tion (page 69). rounding Independent Studies can be The Dynamics of the Fashion found on page 114. Decision Models & Analytics Industry MULT-UB 7 3 units. MULT-UB 151 3 units. Full course description can be found Full course description can be found in the Multidisciplinary Courses sec- in the Multidisciplinary Courses sec- tion (page 69). tion (page 69).

Game Theory Digital Innovation & MULT-UB 20 3 units. Crowdsourcing Full course description can be found TECH-UB 70 3 units. in the Multidisciplinary Courses sec- Full course description can be found tion (page 69). in the Computing & Data Science section (page 33).

M A N A G E M E N T A N D O R G A N I Z AT I O N S 52 Marketing (MKTG-UB)

Program Marketing is the functional area that publicity and public relations, per- Research for Customer Insights serves as the interface between the sonal selling), new product develop- MKTG-UB 9 of Study firm and its customers. Marketing ment, pricing and promotion, ensures the firm provides value to the distribution, quantitative and quali- Plus consumer, so that it can achieve its tative research, and analytics. share, revenue, and profit objectives. The undergraduate concentration 6 units of Advanced Marketing At the broadest level, marketing is in marketing gives students the tools Electives responsible for transforming con- essential to creating superior value in sumer needs into products and serv- the marketplace within marketing- Students pursuing marketing should ices that the firm can offer profitably driven businesses. consult with their advisers in the and for promoting and delivering Stern Office of Academic Advising those offerings to the marketplace. MARKETING during sophomore year to ensure Marketing's activities are both CONCENTRATION course distribution requirements are strategic and tactical. At the strategic REQUIREMENTS (12 UNITS) being met and to declare the market- level, marketing bears primary ing concentration. The Department responsibility for determining the Students who wish to concentrate in of Marketing’s undergraduate faculty product/market choice based on marketing must take 12 units of mar- adviser is available to advise on course analyses of demand, competition, eco- keting courses in addition to the selection. nomics, the firm’s own resources, and required Business Core course, Students interested in augmenting its ability to secure a competitively Introduction to Marketing (MKTG- their study of marketing research are defensible position in the market- UB 1). These 12 units include the encouraged to consider a double con- place. At the tactical level, marketing following courses: centration in marketing and statistics. creates programs that support devel- Refer to page 61 for more information opment of the marketing strategy and Consumer Behavior on the statistics concentration. its implementation, such as commu- MKTG-UB 2 nication (e.g., advertising, digital and interactive media, direct marketing,

Courses CORE COURSE subject matter of all marketing. The data collection techniques such as Introduction to Marketing objective of the course is to under- focus groups, surveys, and experi- MKTG-UB 1 4 units. stand how consumers think and ments. Students learn to analyze qual- Prerequisite: Sophomore standing. decide, and to use this knowledge to itative and quantitative data and This course evaluates marketing as a predict how they will react to com- draw conclusions from analyses. In system for the satisfaction of human pany initiatives. Students acquire addition, the theory, rationale, and wants and a catalyst of business activ- insights from psychology and sociol- psychometrics underlying behavioral ity. It presents a comprehensive ogy that explain how consumers science data is explored. framework that includes: (1) research- make decisions on their path to pur- ing and analyzing customers, com- chase and apply this knowledge to ADVANCED COURSES strategic marketing problems. pany, competition, and the marketing Advertising environment; (2) identifying and tar- Research for Customer Insights MKTG-UB 3 3 units. geting attractive segments with Prerequisites: MKTG-UB 1. strategic positioning; and (3) making MKTG-UB 9 3 units. Prerequisites: MKTG-UB 1 and either This course provides students with a product, pricing, communication, comprehensive framework and tools to and distribution decisions. Cases and STAT-UB 1 and STAT-UB 3 or STAT-UB 103 and sophomore standing. understand the advertising process and examples are utilized to develop the ever-changing media landscape. problem-solving abilities. Requires all 6 units of Statistics or STAT-UB 3 for those students who are Students learn about agency structure, able to waive out of STAT-UB 1. building client relationships, uncover- REQUIRED COURSES FOR This course investigates the various ing insights, utilizing data and tech- MARKETING research methods by which customer nology, brand positioning, creative CONCENTRATION insights may be learned. These strategy, developing big ideas, social media, integrated production, and Consumer Behavior insights provide valuable input and communications planning. Classes MKTG-UB 2 3 units. may inform management decisions in include a combination of textbook cur- Prerequisite: MKTG-UB 1. many areas such as market segmenta- riculum and real-world examples pre- This course presents a conceptual and tion, product positioning, and adver- sented by advertising industry experts practical framework for understand- tising effectiveness. The course from different disciplines. Coursework ing people as consumers—the basic introduces classic and contemporary

M A R K E T I N G 53 involves a comprehensive group proj- The Business of Film galleries. The arts category is rife ect that fosters learning in all func- MKTG-UB 20 2 units. with change which presents enor- tional areas of advertising, while Prerequisite: Sophomore standing. mous challenges for artists, produc- simulating the development of an This course is designed to provide ers, venue managers, and marketers. advertising campaign. both business and film students with In addition, the practice of marketing a systematic overview of the modern- is changing just as quickly if not Managing Creative Content day filmed entertainment business. more so, and strategy and tactics are Development The course examines the traditional at more of a premium than ever. MKTG-UB 4 2 units. “Hollywood System” operating out of Marketers in arts-related businesses Prerequisite: Sophomore standing. Los Angeles as well as the independ- must find a way to flourish in this This course provides students with an ent film model, while taking a criti- new world by working smarter, faster, opportunity to learn about individual cal look at the financing, production, and with greater ingenuity. Students and collaborative services, both inside marketing, and distribution of filmed in this class will garner an under- and outside entertainment and media entertainment. It focuses on the vari- standing of the concepts that drive companies. Through discussions with ous revenue streams inherent in the arts marketing, explore the competi- entertainment, talent, and literary exploitation of films, both in the tive landscape and uncover what leads agents, studio executives, producers, domestic marketplace and in the to a successful arts business, and prac- and specialists in publicity and adver- international arena and provides stu- tically apply coursework toward a tising, students will understand the dents with a keen understanding of project of their own interest diversity of talents and skills required how things actually work in the film to successfully complete a project. business. Students gain the basic The Business of Broadway The objectives of the course are to background and orientation necessary MKTG-UB 25 2 units. (1) provide an understanding of the for an entry-level position in a film Prerequisite: Sophomore standing. executive’s role in entertainment and production or distribution company, This course provides a framework for media industries—to assemble a team an international sales organization, or understanding the dynamics of of creative professionals and manage related support organizations. Broadway and live entertainment. their activities so that successful con- The focus is on understanding the tent is the outcome; (2) examine the Movie Marketing development and application of the roles and responsibilities of each team MKTG-UB 22 2 units. structure, economics, implementation member (producer, head of produc- Prerequisite: Sophomore standing. and staging of performances, as well tion, studio head, manager/agent, This course is fast-paced, highly as marketing strategies and tactics for manager/lawyer, business coach, and interactive, and designed to give stu- gaining audience awareness and management consultant); (3) provide dents an overview and basic under- attendance. The course examines the an overview of the various disciplines standing of all aspects of a movie steps necessary to stage a successful and content genres needed for differ- marketing campaign. The focus is on performance, which include securing ent industry sectors (e.g., movies, tel- business decisions with the goal of rights acquisition, funding, market- evision, music, publishing, electronic developing a competitive advantage ing, branding, and product position- games, and theater); (4) provide for a film’s initial release and beyond. ing. It covers elements of the business insight into legal and financial issues The course examines a range of and creative structures, supplemen- specific to the various entertainment movies, from low-budget independ- tary revenue streams, and the neces- and media industry sectors, including ent to tent pole film franchises, and sary support systems in the industry. basic copyright, intellectual property, explores concepts, processes, and dif- and privacy; and (5) review and help ferent strategic approaches used by Selling & Sales Management students become capable of imple- today’s distributors. MKTG-UB 38 3 units. menting business plans for funding Prerequisite: MKTG-UB 1. entertainment projects offered Technology’s Impact on This course provides students with through venture capital, limited part- Entertainment & Media the knowledge, skills, and under- nerships, angels, and other specialists MKTG-UB 23 2 units. standing of what businesses need to in financial deal-making. Prerequisite: Sophomore standing. win customers and grow their busi- Throughout the entertainment and ness. The course uses the consultative The Business of Publishing media industry value chain, from con- selling model to understand the MKTG-UB 19 2 units. tent creation to distribution and con- process of selling, including discovery Prerequisite: Sophomore standing. sumption, technology has changed the of and alignment with customers’ This course provides students with way content is funded, produced, dis- needs, presentation of solutions, over- working knowledge of the publishing tributed, and consumed. This course coming objections, and gaining industry, comprising newspapers, explores the entertainment and media agreement. Selling is a fundamental magazines, and books. It explores tra- landscape with a brief introduction to life skill, as well as a necessary busi- ditional business models and how dis- such industries as music, print, gam- ness skill. Rather than pigeonholing ruptive forces including digitalization, ing, and television, and delves deeper selling as something done by “sales- consumer-generated content, low bar- into key strategic and financial threats types,” students will look at manag- riers to entry, and changing media and opportunities these industries face ing a professional sales force and consumption patterns are reshaping as technology evolves. Several class optimizing the investments made in the industry. By the end of the course, sessions will feature guest speakers the organization’s interactions with students understand the operations of from relevant sectors. its most important constituents—its media companies and can speak to the customers. The course is interactive opportunities and challenges facing Arts Marketing and includes discussions, exercises, the publishing industry, engage in dis- MKTG-UB 24 2 units. skills drills, and other opportunities cussions on the economics, terms, and Prerequisite: Sophomore standing. to apply the topics covered. In addi- metrics, and explain emerging busi- This course is a self-contained intro- tion to learning the aspects of con- ness models. duction to marketing in the arts. It temporary selling as it applies to their focuses primarily on live performing careers, students will gain a better arts, but also includes museums and

M A R K E T I N G 54 appreciation of sales as an important - learn the process of striking a deal development of their entertainment though often misunderstood—aspect from its inception and term sheet businesses within the major world of every organization. phase, to the negotiation process and economic zones. contractual agreements, through to Sports Management deal implementation. Students also Sports Marketing MKTG-UB 39 2 units. study strategies for maximizing value MKTG-UB 47 2 units. Prerequisite: Sophomore standing. in content deals, identifying common Prerequisite: Sophomore standing. This course provides an overview of issues in the deal process, and effec- This course provides an overview of the key components of the global tive paths to reaching resolution and sports marketing as a component of a sports management eco-system. striking a deal. fully integrated marketing communi- Managing the myriad of moving cation strategy. Students study the parts that make up the sports indus- Television Management: Network, history and contemporary application try eco-system requires an under- Cable/Satellite of sports marketing as a method to standing of general management MKTG-UB 44 2 units. achieve goals from both a corporate principles and the special applications Prerequisite: Sophomore standing. and property perspective. The course to the sports industry. This includes This course examines the television examines strategies that address criti- recognizing the importance that lead- industry, focusing on broadcast, pay cal business constituencies, con- ership plays in the management of TV, over-the-top (OTT), and online sumers, trade factors, employees, and sports activities. Sports is unique as streaming. It is a primer on the evolu- the financial community. Also cov- part of a global entertainment indus- tion and current state of the television ered are strategies within the context try as the sector that evokes passion business, from the birth of the medium of special sporting event sponsor- and investment unlike any other. through the current atmosphere of dis- ships, professional sports teams, gov- Sports is at the intersection of cul- ruption and on-demand culture. It is a erning organizations, sports media ture, politics, and social behavior. highly interactive course where stu- (broadcast, print, and Internet), Students examine the vantage points dents and professor explore organiza- licensing, and hospitality. of the critical constituencies which tional, programming, and revenue include the rightsholders (e.g. strategies, as well as marketing innova- The Business of Producing leagues, conferences, teams, national tions and competition in the newly MKTG-UB 49 2 units. governing bodies); the performers or configured ecosystem. The recent vol- Prerequisite: Sophomore standing. talent (e.g. players, coaches, general ume of mergers and new players in tel- This course is designed to provide managers); the media; the sponsors; evision are studied for their impact on students with a framework for under- and the consumer ( i.e. the fans). For the world’s most popular and influen- standing the dynamics of producing each component, students examine tial form of entertainment. as a business from the basics of pitch- the relevant history and application ing a creative idea to making it work. to current marketplace issues. Social Media Strategy The course covers producing for a MKTG-UB 45 2 units. broadcast network, cable, pay televi- Entertainment & Media Industries Prerequisite: Sophomore standing. sion, and film studios, including con- MKTG-UB 40 2 units. This course addresses marketing, tent development, creative decisions, Prerequisite: Sophomore standing. advertising, and communications talent selection, contract negotiation, This course provides students with a strategies in the new media landscape regulations, technology, storytelling framework for understanding the where traditional media (e.g., televi- skills, and other relevant competen- business models, key strategic issues, sion, print) and online social media cies that are essential for success as a and economics facing organizations in (e.g., online social networks, user- producer. the entertainment industry. It estab- generated content, blogs, forums) co- lishes a basis for the formulation of exist. Students are expected to have Craft & Commerce of Cinema: marketing tactics and strategies for knowledge of the fundamentals of Tribeca Film Festival firms competing for consumers' dis- traditional advertising methods and MKTG-UB 51 2 units. cretionary spending. Recent develop- strategies. With this background Prerequisite: Application required. ments in major sectors of the knowledge, the primary focus of the This is a specialized EMT course entertainment industry are addressed, course is on understanding social designed in coordination with the including movies, television (broad- media, developing social media mar- Tribeca Film Festival board that pro- cast and cable), music, theater, and keting strategies, and tracking their vides students with a framework for sports. Issues that cut across all types effectiveness. Students are expected to understanding the dynamics of the of entertainment industries are exam- participate in social media sites as independent film industry and how ined including licensing, promotion, part of the course and must be capa- producers and directors are able to and evolving technologies. ble of working publicly with them. utilize the infrastructure of the Festival to bring their work to mar- Deal-Making in the Entertainment Globalization of the Entertainment ket. Students are selected for this Industry Industry course on the basis of essays, intern- MKTG-UB 43 2 units. MKTG-UB 46 2 units. ships, industry work experience, and Prerequisite: Sophomore standing. Prerequisite: Sophomore standing. career focus. In the classroom, stu- This course provides students with an This course provides a framework for dents meet with key business and cre- understanding of the deal-making, understanding the global expansion ative executives from the Festival for strategic planning, and business of media and entertainment compa- discussions. The talks and assign- affairs processes in the entertainment nies. It examines the economic ments prepare students for film space. The course explores the deal impact of the significant growth in screenings and participation in panels process from the perspective of differ- exports of U.S. leisure products and during the two-week period of the ent players in entertainment and services, and analyzes the strategies of Tribeca Film Festival. media, focusing on how each player several leading entertainment and looks to maximize value. Students media multinationals as well as the

M A R K E T I N G 55 Pricing Digital Business Strategy is a critical capability, driving cus- MKTG-UB 53 3 units. MKTG-UB 56 2 units. tomer satisfaction and competitive Prerequisite: MKTG-UB 1. Prerequisite: Sophomore standing. advantage. While most companies This course provides students with This course examines digital busi- acknowledge the importance of inno- frameworks, techniques, and the lat- nesses and online marketplaces (e.g., vation, many of them struggle to do est thinking on assessing and formu- consumer electronics, software, media this effectively. This course provides lating pricing strategies. The platforms, etc.) from a strategic and rich exposure to the tools and tech- emphasis is on (1) gaining a solid marketing perspective. The objectives niques used to identify the right new understanding of pricing practices are to understand how these indus- opportunities and create new prod- across different industries, (2) learn- tries function, the unique challenges ucts, services, or experiences to ing state-of-the-art frameworks for they face, and how businesses can address them. Through a combina- analyzing pricing issues, and (3) mas- leverage their strengths to achieve tion of class discussion, real-world tering tools and techniques for mak- success in the marketplace. A particu- case analysis, and project applica- ing strategic and profitable pricing lar focus is on understanding the tions, students explore a holistic decisions. interactions among competition, approach to new product develop- technology, and firm capabilities. ment, incorporating both quantita- Data-Driven Decision-Making tive and qualitative perspectives. This MKTG-UB 54 3 units. Digital Marketing exploration will address identifying Prerequisite: STAT-UB 103 (or STAT- MKTG-UB 57 3 units. strategic opportunities, defining tar- UB 1 and STAT-UB 3). Prerequisite: MKTG-UB 1. get customers, understanding and With recent technological advances This course focuses on enabling stu- analyzing customer needs, generating and developments in customer data- dents to analyze and develop sophisti- and evaluating concepts, forecasting bases, firms have access to vast cated interactive marketing demand, designing products and amounts of high-quality data which programs. The primary objectives of services, developing market entry allows them to understand consumer this course are (1) to introduce stu- strategies, as well as additional topics. behavior and customize business tac- dents to digital advertising and mar- As these topics are explored, students tics to target increasingly fine seg- keting theories and best practices in consider multiple approaches and ments. Much of the promise of such digital marketing and (2) to give stu- their strengths and weaknesses to data-driven policies, however, has dents the opportunity to apply this help build a thoughtful toolkit. failed to materialize because man- knowledge to building or improving agers find it difficult to translate cus- the marketer’s use of digital media. Global Marketing Strategy tomer data into actionable policies. The course is designed to be a mix of MKTG-UB 64 3 units. This course fills this gap by providing strategic and tactical practice. Prerequisite: MKTG-UB 1. students with the tools and tech- This course examines challenges spe- niques used in making business deci- The Business of Video Games cific to entering international mar- sions. The emphasis of the class is on MKTG-UB 58 2 units. kets and conducting marketing applications and interpretation of Prerequisite: Sophomore standing. operations on an international scale. results for use in making real-life Video games have become a main- Topics include identifying and evalu- business decisions. stream form of entertainment. A ating opportunities worldwide, devel- dominant international cultural force, oping and adapting market strategies Brand Strategy & Planning the video game industry is massive, to specific national market needs and MKTG-UB 55 3 units. diverse, and increasingly influential. constraints, and devising and coordi- Prerequisites: MKTG-UB 1. A key development that has changed nating global marketing strategies. This marketing elective focuses on the playing field for both producers Emphasis is placed on strategic issues planning the brand strategy to choose, and consumers of interactive enter- relating to international operations provide, and communicate the brand tainment is a shift away from physical rather than on technical aspects of value. Broadly, the course has five retail to digital and online game dis- exporting and importing. main themes: (1) understanding the tribution. The audience for games has consumers and competitors and the also shifted. No longer the exclusive Decision-Making Strategy in brand; (2) crafting the brand; practice of hardcore gamers, video Marketing & Management (3) measuring the brand; (4) manag- gaming has gained mass appeal in the MKTG-UB 65 3 units. ing the brand; and (5) programming form of social and casual gaming on This course is intended for future of the brand strategy and implemen- the internet, consoles, and smart- marketing managers, industry ana- tation and planning of the branding phones. In this class, students explore lysts, and management consultants programs. The course takes a cus- the basic components of the current interested in developing and evaluat- tomer-centric approach to branding. video game industry. Every week, ing marketing and business strategies Questions such as how brands can cre- they review major current events, based on what science reveals about ate differentiated brand experiences, hear from people in the industry, judgment and decision-making. The engage, and/or inspire their customers examine case studies, and discuss the purpose of this course is to help stu- are explored. The course framework is overall business landscape. Central to dents understand the decision rules centered on the three major activities each class is the notion that practical people use and their associated biases common to brand management and business considerations and the so they can incorporate this insight the planning process across firms and design-driven creative process do not into their business and marketing industries to build and manage brand have to be in opposition. strategies. The course has two facets. value: First, it gives students a broad (1) analysis of market information, Designing & Developing New overview of important results from (2) development of brand strategy, Products various behavioral sciences (e.g., (3) programming of the strategy MKTG-UB 60 3 units. social and cognitive psychology, and implementation of the brand Prerequisite: MKTG-UB 1. behavioral decision research, con- programs. For both startups and established sumer research) that clarify how peo- companies, new product development ple really make decisions. Second, it

M A R K E T I N G 56 investigates how these results can be tions; however, the skills and knowl- entrepreneur, (2) to acquaint students leveraged to design original and more edge gained in this course can be with the structure of retail channels effective marketing and business deployed usefully by students looking and of retailer organizational models, strategies. to join more traditional companies. factors in retail strategic decisions, retail/e-tail “Go To Market” consider- Leisure Marketing Luxury Marketing ations regarding brand image, com- MKTG-UB 80 2 units. MKTG-UB 84 3 units. petitive advantages and more, the Prerequisite: Sophomore standing. Prerequisite: MKTG-UB 1. relationship between mission, mer- This course is designed to provide stu- This course is designed to provide chandising, store design/layout, and dents with a framework for under- students with an understanding of the retail communications mix, (3) to standing the dynamics of marketing the fundamentals of luxury and demonstrate the importance of under- in several leading sectors within the explores questions such as: When was standing company culture, and (4) to leisure industry including casinos, the concept of luxury first articulated understand key concerns buyers typi- cruise ships, theme parks, eco- and what does it mean today? How cally must address as resellers of tourism, themed restaurants, resorts, did products, consumer tastes, mate- CPG, apparel, shoes, and electronics. leisure hotels, and timeshares. The rial exchanges, and producer strate- For students seeking positions with focus is on understanding the devel- gies evolve through history? How has manufacturing or wholesale firms, the opment and application of marketing the luxury industry evolved through course will provide insight into cus- strategies and tactics for leisure com- time and what is at its core? What are tomer decision-making, including panies. Key marketing concepts such the differences between luxury prod- concerns such as assortment planning, as segmentation, branding, life-time ucts, brands, markets, and luxury inventory management, gross margin value, and CRM are examined in the business models? According to a management, and localization. This context of leisure industries. The common dictum, a luxury brand is a course also provides an introduction course explores revenue generation bridge between the past and the to Retail Math. techniques that apply across the future. By the end of this course stu- leisure companies, including licens- dents develop (1) an understanding of Retail Strategy ing, sponsorships, and line extensions. the luxury segments of a variety of MKTG-UB 88 2 units. industries (decorative objects, acces- Prerequisite: MKTG-UB 1. Full Stack Fashion sories, jewelry, beauty products, hos- This course is designed to provide stu- MKTG-UB 82 3 units. pitality, automotive, fashion), (2) dents with an understanding of the Prerequisite: MKTG-UB 1. observation skills that allow them to forces that shape the retail industry. The entire future of the fashion distinguish what constitutes luxury What are the demographic, economic, industry will change within the next in a product (regardless of industry), competitive, and technological devel- five years. The retail giants of today (3) the vocabulary necessary to articu- opments that are transforming the will be threatened by collapse under late the nuances that differentiate marketplace? How do these parame- the inexorable expansion of Amazon, these products and the ability to do so ters impact consumer behavior? massive supply chain-driven brands with clarity and precision in terms of Consequently, how do they impact the will continue to crush brands that technique, design, and materials, and effectiveness of retailers’ business cannot deploy capital in the arms race (4) the critical skills to identify models? Retailing is totally reconfig- to keep up, and traditional media will potential new luxury products and ured by new entrants and the use of continue to be splintered by the new how they relate to a variety of mar- technology. What defines success for forums, devices, and platforms that kets including emerging markets. these new entrants and what are their will continue to arise. How can long-term prospects? What defined brands and retailers compete in this Retail Management failure for retailers that once domi- environment? This course offers an MKTG-UB 87 3 units. nated the marketplace? By the end of analytical approach and a business Prerequisite: MKTG-UB 1. this course, students develop: (1) an architecture that proposes a way for Retail constitutes over 65% of GDP. understanding of frameworks used to brands to completely change their It is the last mile of the supply chain. analyze retailers’ positioning; (2) tools historical seasonal approach to busi- As such, it is useful to all marketing to evaluate retail concepts and their ness - which relies on wholesale as a majors (who may ultimately contend performance; (3) an understanding of major component - to a real-time with selling products and services retail operations and strategy; and approach where companies connect to through retailers even though they (4) an introduction to tools used by their customers directly. Wholesale is may not directly perform retail func- equity analysts when valuing/invest- a vital strategy for branding, not rev- tions). Topics covered include types of ing in different companies. enue. Seasons are eliminated as retail formats, e-commerce (B2C), designers react and converse in the multi-channel retailing, location Retail Management & present with their customers by analysis, and strategic planning con- Merchandising delivering product to them within siderations for retailers. Students also MKTG-UB 89 2 units. days of creation, rather than months. explore select internal operations of Prerequisite: MKTG-UB 1. The essence of the full-stack approach retailers such as human resources, In retail today there are new opportu- is to view the business holistically buying, and planning. These and nities, but also failures at every turn. from all points: organizational struc- other concepts are applied to evaluate One cornerstone of retail and B2C ture, supply chain, brand, sales, sys- existing retailers and to understand e-commerce success is having a strong tems, and data. This course takes the what subjects to consider in starting a merchandising team. This team of student through the current structure brick and mortar store or B2C web- buyers and merchandise planners of the industry and contrasts it with site. The learning objectives of this must be able to identify changes in the new approach. The emphasis is on course are: (1) to evaluate an operat- marketplace trends and their cus- how small and start-up brands can ing retailer or new retail/e-tail con- tomers’ tastes. They must know the thrive and out-compete larger brands cept from a high level strategic and magic price for a given product or in these difficult competitive condi- financial perspective as an investor or services, which locations and websites

M A R K E T I N G 57 will sell it best, understand when to at stern.nyu.edu/portal-partners/ The Middle East: Cultures, make it available to the consumer, current-students/undergraduate/ Markets & Strategies and buy the right quantity. This resources-policies/forms. Further infor- MULT-UB 45 3 units. course is directed primarily to stu- mation regarding the policies sur- Full course description can be found dents whose career goals are in brick rounding Independent Studies can be in the Multidisciplinary Courses sec- and mortar retail and/or e-tail. It is found on page 114. tion (page 69). focused on acquainting students with tools used by buyers and planners to ADDITIONAL COURSES THAT Tech Industry Drivers address the issues mentioned above. CAN BE TAKEN AS MULT-UB 57 3 units. Students will develop an understand- ADVANCED MARKETING Full course description can be found ing of their role, responsibilities, and ELECTIVES in the Multidisciplinary Courses sec- interactions in a retail organization tion (page 69). and gain a familiarity with the con- Marketing for Impact: Strategies cepts and skills needed to succeed in for Sustainable Business Fashion Industry: Creativity & entry-level buying/planning positions BSPA-UB 51 3 units. Business and those a level or two higher. Full course description can be found MULT-UB 104 3 units Particular focus is placed on fashion in the Sustainable Business section Full course description can be found merchandising, its supply chain, and (page 64). in the Multidisciplinary Courses sec- on interpreting retail reports to iden- tion (page 69). tify opportunities and issues and Competitive Analysis determine actions. ECON-UB 15 3 units. The Dynamics of the Fashion Full course description can be found Industry Independent Study in Marketing in the Department of Economics sec- MULT-UB 151 3 units MKTG-UB 94 1 unit. tion (page 36). Full course description can be found Independent study provides an oppor- in the Multidisciplinary Courses sec- tunity for a select group of upperclass- Decision Models & Analytics tion (page 69). men each year to work one-on-one MULT-UB 7 3 units. with a faculty member on a topic Full course description can be found Business Simulation selected by the student and approved in the Multidisciplinary Courses sec- MULT-UB 302 2 units by the supervising faculty member. tion (page 69). Full course description can be found Each student is expected to spend as in the Multidisciplinary Courses sec- much time on the independent study Decision-Making Under tion (page 69). as would be spent on a regular course, Uncertainty and the topic selected may not repli- MULT-UB 16 3 units. cate an existing course. An informa- Full course description can be found tion sheet with important guidelines in the Multidisciplinary Courses sec- about Independent Study is available tion (page 69).

M A R K E T I N G 58 Operations (OPMG-UB)

Program Operations is concerned with the produc- Operations Management Other courses that can be taken to fulfill tion and delivery of both physical goods OPMG-UB 1 the remaining elective requirements: of Study and services. Operations may be viewed as an organization's way of aligning Plus four electives (12 units) of opera- Managing Innovation global corporate strategy with imple- tions courses. MGMT-UB 8 mentable day-to-day activities and At least 6 units must be taken from actions. While it is critical to understand the approved Stern operations electives Data-Driven Decision-Making how to provide the right capital for the listed below. It is encouraged that 9 of MKTG-UB 54 firm, how to promote demand, and how the 12 units be taken from this list when to manage human resources, it is equally possible: Data Analytics in Digital important to master the knowledge of Marketing how to facilitate production and service Supply Chain Management TECH-UB 38 delivery and ensure that the correspon- OPMG-UB 6 ding processes are aligned with the over- Digital Innovation & all corporate strategy. Operations in Financial Services Crowdsourcing OPMG-UB 15 TECH-UB 70 OPERATIONS Real Estate Development & Students pursuing the operations concen- CONCENTRATION Entrepreneurship REQUIREMENTS (12 UNITS) tration should consult with their adviser OPMG-UB 60 in the Stern Office of Academic Advising Students who decide to concentrate in during sophomore year to ensure course operations must take 12 units (the equiv- Decision Models & Analytics distribution requirements are being met alent of four-3-unit courses) in operations MULT-UB 7 and to formally declare the operations in addition to the required core course: concentration. The Department of Decision-Making Under Operations Management’s undergraduate Uncertainty faculty adviser is available to advise on MULT-UB 16 operations course selection or other mat- ters operations students may wish to Pricing & Revenue Analytics discuss. MULT-UB 30

Courses CORE COURSE ADVANCED COURSES and accounting; (2) impart analytical and Operations Management Supply Chain Management problem-solving skills necessary to OPMG-UB 1 4 units. OPMG-UB 6 3 units. develop solutions for a variety of logistics Prerequisites: STAT-UB 103 (or The function of supply chain manage- problems; (3) understand the complexity STAT-UB 1 and STAT-UB 3) and ment is to design and manage the flow of of interfirm and intrafirm coordination in sophomore standing. material and information, starting from implementing programs such as quick This course gives students a better under- the raw materials until finished goods response and vendor-managed invento- standing of how firms can gain competi- reach customers. Typically, logistics- ries; and (4) develop the ability to design tive advantage from their operations related costs account for 20-25% of logistics systems and formulate inte- function. Typically this requires the firm firms’ total costs. On the revenue side, grated supply chain strategy, so that all to achieve - at a minimum - cost, quality, the supply chain decisions have a direct components are not only internally syn- and ecological parity; responsiveness and impact on market penetration and cus- chronized but also tuned to fit corporate adaptability to customer needs and tomer service. With the globalization of strategy, competitive realities, and mar- desires; rapid time to market; process the economy and advances in information ket needs. technology leadership; and sufficient and technology, supply chain design and responsive capacity. Students develop a coordination have become important Operations in Financial Services problem-solving framework that enables tools for gaining competitive advantage. OPMG-UB 15 3 units. them to undertake managerial and tech- Therefore, the objectives of the course are Prerequisite: OPMG-UB 1. nical analysis that should result in the to (1) develop an understanding of indi- This course focuses on operational issues desired comparative advantage. Both vidual components of the supply chain in financial services. It first goes into service and manufacturing case examples (such as order management, transporta- operational strategies for various financial are utilized. tion, network design, distribution chan- services (including retail banks, invest- nel management, after-sales service, and ment banks, brokerage houses, and insur- customer service strategy) and their inter- ance companies). It then discusses the relationships with other functions of product-process matrix for financial serv- firms, such as marketing, manufacturing, ices and covers the operations manage-

O P E R AT I O N S 59 ment of the distribution channels of vari- Real Estate Development & ADDITIONAL COURSES THAT ous products offered by the financial serv- Entrepreneurship CAN BE TAKEN AS ices (checking accounts, trading OPMG-UB 60 3 units. ADVANCED OPERATIONS accounts, credit cards, mortgages, etc.). This course introduces students to the ELECTIVES Such channels include branch networks, broad aspects of real estate development ATMs, call centers, and the Internet. The from an entrepreneurial perspective. Managing Innovation methodologies used in the analysis of the Operations involves decisions made at MGMT-UB 8 3 units. distribution channels include the Data the operating level of a business or proj- Full course description can be found in Envelopment Analysis (to do productiv- ect to assure the attainment of higher the Department of Management & ity measurements of different branches in level goals and strategies. In real estate Organizations section (page 50). a network), priority queuing (to analyze development, these operating decisions call center behavior), and others. The sec- can determine whether or not a deal will Data-Driven Decision-Making ond half of the course focuses on Total be successful and meet overall financial MKTG-UB 54 3 units. Quality Management and Operational goals. Many students may choose to Full course description can be found in Risk. The methodologies used in pursue investments in real estate and the Department of Marketing section Operational Risk analysis include often actually operate and manage the (page 53). Extreme Value Theory (EVT) to analyze properties. Although some students will the probabilities of catastrophic events not work full-time in the real estate Decision Models & Analytics occurring and the measures to mitigate industry, property investments will arise MULT-UB 7 3 units. and protect against such events (such as as opportunities to increase passive Full course description can be found in hedging and insurance). This course dis- income and wealth. Understanding how the Multidisciplinary Courses section cusses Operational Risk cases in trading these deals are created and managed will (page 69). as well as retail banking. allow investors to choose deals with the highest probability of success. The real Decision-Making Under Decision Analytics for Sports estate topics discussed in the course Uncertainty OPMG-UB 54 3 units. include all types of development: resi- MULT-UB 16 3 units. Prerequisite: OPMG-UB 1. dential, hotel, office, retail, land, and Full course description can be found in In recent decades more and more sports industrial properties. the Multidisciplinary Courses section organizations have reached out to the (page 69). application of advanced management Independent Study in Operations methods, in particular statistical, data OPMG-UB 94 1 unit. Pricing & Revenue Analytics analysis, and operations research/manage- Independent study provides an opportu- MULT-UB 30 3 units. ment science techniques. This course is nity for a select group of upperclassmen Full course description can be found in an examination of the most advanced each year to work one-on-one with a fac- the Multidisciplinary Courses section applications of those techniques. The ulty member on a topic selected by the (page 69). structure of the course is to examine the student and approved by the supervising use of them to four main areas of interest: faculty member. Each student is expected Data Analytics in Digital player performance measurement, in- to spend as much time on the independ- Marketing game decision-making, player ent study as would be spent on a regular TECH-UB 38 3 units. selection/team building, and general course, and the topic selected may not Full course description can be found in administration such as marketing, pric- replicate an existing course. An informa- the Department of Computing & Data ing, contracts, and stadium management. tion sheet with important guidelines Science section (page 33). Emphasis is placed not only on how the about Independent Study is available at application of analytics has improved stern.nyu.edu/portal-partners/ Digital Innovation & each of these situations, but also how current-students/undergraduate/ Crowdsourcing those decisions relate to business deci- resources-policies/forms. Further informa- TECH-UB 70 3 units. sions in any other field of commerce. For tion regarding the policies surrounding Full course description can be found in example, all businesses have to evaluate Independent Studies can be found on the Department of Computing & Data employees, make tactical and strategic page 114. Science section (page 33). decisions about how they operate, main- tain a good portfolio of assets (in particu- lar recruit and retain quality employees), and be good at administering the overall business.

O P E R AT I O N S 60 Statistics & Actuarial Science (STAT-UB)

Programs The two concentrations within the For instance, students interested in Decision Models & Analytics* department are Statistics and marketing research may consider sup- MULT-UB 7 of Study Actuarial Science. Statistics deals plementing their statistics studies with the organization, analysis, and with a concentration in marketing. Decision-Making Under presentation of data. The analysis of Students who decide to concen- Uncertainty* large data and social networks is a trate in statistics must take 12 units MULT-UB 16 new branch of statistics receiving (the equivalent of four 3-unit courses) much attention within the statistics in statistics. These 12 units must ACTUARIAL SCIENCE curriculum. Students who wish to include the following: CONCENTRATION obtain a strong background in statis- REQUIREMENTS (31 UNITS) tics should also select a functional Statistical Inference & Regression area (concentration) to apply statisti- Analysis† Actuarial Science is the study of iden- cal reasoning for investigating prob- STAT-UB 15 tifying and evaluating risk, specifi- lems in a designated field. Students cally for insurance companies and interested in pursuing an actuarial or pension plans. The curriculum offers career should select the actuarial sci- students both the mathematical and ence concentration that focuses on the Regression & Multivariate Data functional business components, identification and evaluation of risk. Analysis* which are necessary for actuary train- For more information on both con- STAT-UB 17 ‡ ing. The program also prepares stu- centrations, students should consult dents to take the first four the Department of Statistics & Plus any three of the following examinations offered by the Society of Actuarial Science undergraduate fac- courses: Actuaries and the Casualty Actuarial ulty adviser. Society. The courses required also sat- Applied Stochastic Processes for isfy the three Validation by Educational Experience (VEE) areas STATISTICS CONCENTRATION Financial Models* STAT-UB 8 of economics, finance, and mathemat- REQUIREMENTS (12 UNITS) ical statistics. Introduction to the Theory of Students concentrating in actuar- Statistics is the fundamental tool for Probability† ial science should consult with an business organizations (in fields STAT-UB 14 adviser in the Stern Office of including accounting, economics, Academic Advising by the end of finance, operations, and marketing), Statistical Inference & Regression sophomore year to ensure course dis- government agencies, and scientific Analysis† tribution requirements are being met research laboratories. Students use STAT-UB 15 (if not already selected) and to formally declare the actuarial data and knowledge about random- science concentration. The ness to condense and contextualize Regression & Multivariate Data Department of Statistics & Actuarial information to provide insight into Analysis* the process of generating the data. STAT-UB 17 (if not already selected)‡ * Courses that only require the Business Core Probability models are also used and at Stern. † applied to functional business areas Forecasting Time Series Data* Courses that have additional mathematics and other prerequisite requirements. such as economics, finance, and oper- STAT-UB 18 ations. Subtopics include descriptive ‡Effective July 2018, the course Regression & Multivariate Data Analysis (STAT-UB statistics (summary measures, organi- Introduction to Stochastic zation, and presentation of data), data 17) can no longer be used to satisfy the actu- Processes† arial science concentration requirements as an analysis (small and large data sets), STAT-UB 21 applied probability models, and sta- advanced elective. This is due to changes in the actuarial accreditation requirements for tistical inference. Regression and cor- Mathematics of Investment† the Society of Actuaries and the Casualty relation analysis are discussed STAT-UB 27 Actuarial Society. Students who have taken throughout coursework and applied this course prior to fall 2018 will still be to the process of decision-making and Life Contingencies† permitted to count the course toward the actu- producing accurate forecasts. STAT-UB 37 arial science concentration and will also be Students with backgrounds in these able to satisfy the accreditation requirements areas can explore growing job oppor- Data Mining & Business of the Actuarial Societies. Students who com- tunities across industries, including Analytics* pleted the course during or after fall semester the in-demand roles of statisticians, TECH-UB 57 of 2018 and those who take it going forward data scientists, and actuaries. are not able to use it to satisfy the actuarial It is recommended that students accreditation requirements of the actuarial who select statistics as a concentration societies. also choose a secondary area of study.

S TAT I S T I C S A N D A C T U A R I A L S C I E N C E 61 Science undergraduate faculty adviser Calculus I Applied Stochastic Processes for is always available to discuss actuarial MATH-UA 121 Financial Models* science course selection or other mat- STAT-UB 8 ters students may wish to discuss. Calculus II Statistics courses count as liberal arts MATH-UA 122 Statistical Inference & Regression electives. Analysis† To complete the actuarial science Calculus III STAT-UB 15 concentration, students must com- MATH-UA 123 plete the following courses: Forecasting Time Series Data* Linear Algebra STAT-UB 18 Introduction to the Theory of MATH-UA 140 Probability† Introduction to Stochastic STAT-UB 14 Plus two courses from the following Processes† list: STAT-UB 21 Mathematics of Investment† (Though students are only required to take STAT-UB 27 two courses from this list, they are encour- Life Contingencies† aged to take additional electives from the STAT-UB 37 Corporate Finance* list to better prepare for careers in the actu- FINC-UB 7 arial feld. STAT-UB 8 and STAT-UB (This course from the Department of 15 contain material covered in two of the Finance covers topics that appear on the VEE Actuarial Examinations: actuarial examinations. Full course Mathematical Statistics and Investments & * Courses that only require the Business Core description can be found in the Financial Markets.) at Stern. Department of Finance section on † Courses that have additional mathematics page 42.) and other prerequisite requirements.

Courses CORE COURSES Regression & Forecasting Models Introduction to the Theory of Statistics for Business Control and STAT-UB 3 2 units. Probability Regression & Forecasting Models This course is not to be taken by students STAT-UB 14 3 units. STAT-UB 103 6 units. who have taken STAT-UB 103. Prerequisite: MATH-UA 122 or Note: This course combines STAT-UB 1 Prerequisite: STAT-UB 1. MATH-UA 123 or MATH-UA 221 or and STAT-UB 3. This course presents an introduction MATH-AD 112 or CALC BC 4 or This course examines modern statisti- to statistical models and their appli- higher. cal methods as a basis for decision- cation to decision-making. Topics This course covers the basic concepts making in the face of uncertainty. include the simple linear regression of probability. Topics include the Topics include probability theory, dis- model, inference in regression analy- axiomatic definition of probability; crete and continuous distributions, sis, sensitivity analysis, and multiple combinatorial theorems; conditional hypothesis testing, estimation, and sta- regression analysis. probability and independent events; tistical quality control. With the aid of random variables and probability dis- computers, these statistical methods ADVANCED COURSES tributions; expectation of functions of are used to analyze data. Also presented random variables; special discrete and Applied Stochastic Processes for continuous distributions, including is an introduction to statistical models Financial Models and their application to decision-mak- the chi-square, t, F, and bivariate nor- STAT-UB 8 3 units. mal distributions; law of large num- ing. Topics include the simple linear Prerequisite: STAT-UB 103 or STAT- regression model, inference in regres- bers; central limit theorem; and UB 3. moment generating functions. The sion analysis, sensitivity analysis, and This course presents a mathematical multiple regression analysis. theory of statistical estimation is background for the stochastic introduced with a discussion on max- processes that are widely employed as imum likelihood estimation. or modeling tools in finance. The empha- sis is on an intuitive approach using Statistics for Business Control Statistical Inference & Regression examples rather than proofs and math- Analysis STAT-UB 1 4 units. ematical rigor. Topics include random This course is not to be taken by students STAT-UB 15 3 units. walks, martingales, Markov chains, Prerequisites: MATH-UA 122 or who have taken STAT-UB 103. Poisson processes and other continuous This course examines modern statisti- MATH-UA 123 or AP CALC BC time Markov chains, Brownian (Greater or equal to a score of 5) or cal methods as a basis for decision- motion, geometric Brownian motion, making in the face of uncertainty. MATH-AD 111 or MATH-AD 112 and other diffusion processes. The rele- or MATH-SHU 123 or MATH-SHU Topics include probability theory, vance of the considered processes to discrete and continuous distributions, 212 and MATH-UA 140 or MATH- financial modeling is stressed through- AD 116 or MATH-SHU 140 and hypothesis testing, estimation, and out. In particular, applications to pric- statistical quality control. With the STAT-UB 14 or MATH-AD 150 or ing of derivative securities and to MATH-SHU 235. aid of computers, these statistical modeling of the term structure of methods are used to analyze data. This course consists of two distinct interest rates are discussed. components: statistical inference and and regression analysis. Statistical infer- ence topics include the principles of statistical estimation and inference, Neyman Pearson Lemma, testing of means, variances, tests of independ-

S TAT I S T I C S A N D A C T U A R I A L S C I E N C E 62 ence, and nonparametric methods. Introduction to Stochastic Independent Study in Statistics Regression analysis discusses the gen- Processes STAT-UB 94 1 unit. eral linear regression model, least STAT-UB 21 3 units. Independent study provides an oppor- squares estimation, departures from Prerequisites: MATH-UA 122 and tunity for a select group of upper- standard assumptions, autocorrela- STAT-UB 14. classmen each year to work tion, multicollinearity, analysis of This is an introductory course in sto- one-on-one with a faculty member on residuals, choice of variables, and chastic processes. It presents classes of a topic selected by the student and nonlinear models. stochastic processes which are widely approved by the supervising faculty used as modeling tools in many fields member. Each student is expected to Regression & Multivariate Data of application including finance, eco- spend as much time on the independ- Analysis nomics, accounting, and actuarial sci- ent study as would be spent on a reg- STAT-UB 17 3 units. ence. Students learn basic theory of ular course, and the topic selected Prerequisite: STAT-UB 103 or STAT- discrete and continuous time Markov may not replicate an existing course. UB 3. chains, Brownian motion and its gen- An information sheet with important This is a data-driven, applied statis- eralization, and martingales. Also dis- guidelines about Independent Study tics course focusing on the analysis of cussed are statistical aspects of these is available at stern.nyu.edu/ data using regression models. It processes. In the final part of the portal-partners/current-students/ emphasizes applications to the analy- course, students are introduced to the undergraduate/resources-policies/forms. sis of business and other data and idea of stochastic integration and learn Further information regarding the makes extensive use of computer sta- the rules of stochastic calculus. If time policies surrounding Independent tistical packages. Topics include sim- permits, the course also considers Studies can be found on page 114. ple and multiple linear regression, some stochastic differential equations. residual analysis and other regression ADDITIONAL COURSES THAT diagnostics, multicollinearity and Mathematics of Investment CAN BE TAKEN AS model selection, autoregression, het- STAT-UB 27 3 units. ADVANCED ELECTIVES eroscedasticity, regression models Prerequisites: MATH-UA 122 or using categorical predictors, and MATH-UA 123 or MATH-UA 221 or Decision Models & Analytics logistic regression. All topics are MATH-UH 1012 or MATH-UH MULT-UB 7 3 units. illustrated on real data sets obtained 1020 or CALC BC 4 or higher or Full course description can be found from financial markets, market MATH-SHU 121 or MATH-SHU in the Multidisciplinary Courses sec- research studies, and other scientific 123 or MATH-SHU 212 or MATH- tion (page 69). inquiries. SHU 201 and FINC-UB2 or FINC- UB 9002 or ECON-UH 2510 or Decision-Making Under Forecasting Time Series Data BUSF-SHU 202 or IBEX-UB 2001. Uncertainty STAT-UB 18 3 units. This course discusses the mathemati- MULT-UB 16 3 units. Prerequisite: STAT-UB 103 or STAT- cal and technical aspects of invest- Full course description can be found UB 3. ments. Topics include measurement in the Multidisciplinary Courses sec- This course is an exposition of time of interest and discount rates, accu- tion (page 69). series and forecasting techniques with mulated value and present value, emphasis on ideas, methods, and annuities, sinking funds, amortiza- Data Mining for Business interpretations. Students discuss the tion of debt, and determination of Analytics determination of the best analytical yield rates on securities. Applications TECH-UB 57 3 units. model for a given problem and the include bond evaluation, mortgages, Full course description can be found application of this model in the deci- capital budgeting, and depreciation in the Department of Computing & sion-making process for purposes that methods. Data Science section (page 33). include description, explanation, and control of time-dependent data. It Life Contingencies illustrates all techniques with case STAT-UB 37 3 units. studies and uses computer program Prerequisites: STAT-UB 14 and STAT- packages as an aid for obtaining solu- UB 27. tions. The major focus is the Box- This course applies probability and Jenkins approach to modeling and mathematics of investment to prob- forecasting time series. Major topics lems of premiums and reserves on include model building, model annuities and insurance policies. selecting, descriptions of timing and Topics include probabilities of mor- correlation relationships among data tality, laws of mortality, joint life sets and forecasting models, estima- probabilities and annuities, and mul- tion, and diagnostic checking. Other tiple decrement theory. Applications topics are seasonal adjustment, expo- to pension plans are discussed. The nential smoothing models, state space course covers an introduction to models, and nonlinear models. Markov Chains and Poisson Processes with application to risk management and insurance.

S TAT I S T I C S A N D A C T U A R I A L S C I E N C E 63 Sustainable Business (BSPA-UB)

Students pursuing the sustainable busi- Marketing for Impact: Strategies Investing for the Environment & Program ness co-concentration gain a greater for Sustainable Business Social Impact* of Study understanding of the environmental BSPA-UB 51 FINC-GB 3348 and social challenges that are shaping business strategy, the current state of Measuring, Disclosing, & Driving Impact Investing in Family sustainable business practice, and how Sustainability Offces* to lead organizations that create eco- BSPA-UB 67 FINC-GB 3355 nomic, social, and environmental value. Because the topic spans across a Sustainability for Competitive Strategy with Social Purpose* wide range of business practices, the co- Advantage MGMT-GB 2368 concentration is designed to be pursued BSPA-UB 68 alongside another Stern concentration Financial Management for Global that provides a more in-depth under- Social Innovation Practicum (P) Nonproft Organizations standing of a particular area. BSPA-UB 70 PADM-GP 2142

SUSTAINABLE BUSINESS Independent Study in Sustainable Social Impact Investment† CO-CONCENTRATION Business PADM-GP 2311 REQUIREMENTS (12 UNITS) BSPA-UB 94 Managing Financial & Social Students must take a minimum of four Experiential Learning Seminar: Returns of the Social Enterprise† courses and earn at least 12 units. Two Social Impact Consulting (P) PADM-GP 2312 of the required four courses must be BSPA-UB 103 chosen from List A; the other two Lean Approaches to Social courses may be chosen either from List SIV: Social Entrepreneurship in Innovation† A or List B. One of the required four Ghana PADM-GP 4311 courses must be a practicum (P) course. BSPA-UB 2000 The Intersection of Finance & Choose two courses from the following: Social Enterprise in Sustainable Social Justice† Food Business (P)* PADM-GP 4313 LIST A: BSPA-GB 2306 Social Entrepreneurship BSPA-UB 41 Law, Business, & Human Rights* BSPA-GB 2331 Economic Inequality: Perspectives & Practices Global Markets, Human Rights, & BSPA-UB 43 the Press* BSPA-GB 3105 Innovations & Strategies for *These courses are offered through the Stern Building a Progressive Social LIST B MBA program. Students who wish to enroll in these courses are required to submit their Enterprise Corporate Political Power* BSPA-UB 44 request via the MBA Course Request Form BSPA-GB 2356 provided by the Advising Office. Course descriptions and prerequisites can be found on Sustainability Impact Consulting Health Economics in Costa Rica the Stern MBA website at stern.nyu.edu/ ECON-UB 140 portal-partners/registrar/ BSPA-UB 45 course-information. Business & the Environment Understanding the Clean Energy ECON-UB 225 †These courses are offered through the NYU Transition Wagner Graduate School of Public Service. BSPA-UB 46 Global Macroeconomics Enrollment in these courses may require ECON-UB 230 approval from the NYU Wagner School. Global Business & Human Rights Students may direct inquiries regarding BSPA-UB 47 Global Economic Trends enrollment into these courses through the ECON-UB 240 Stern Advising Office. Course descriptions Theory & Practice of Sustainable and prerequisites can be found on the Wagner Investing Social Venture Capital* website at wagner.nyu.edu/ BSPA-UB 48 FINC-GB 3148 education/courses.

S U S TA I N A B L E B U S I N E S S 64 Environmental Finance & Social The courses in the Sustainable Business bulletin for more information about the Impact† co-concentration are offered by the restrictions on double-counting Stern PADM-GP 4314 Business & Society Program faculty, coursework. other Stern faculty, and experts in the Introduction to Social Impact† subject areas. Refer to page 91 for a full UPADM-GP 102 list of the Business & Society Program faculty. Introduction to Managing Public Students may seek out additional †These courses are offered through the NYU Service Organizations† courses for review by the faculty Wagner Graduate School of Public Service. UPADM-GP 103 adviser on a case-by-case basis regard- Enrollment in these courses may require ing applicability toward the co-con- approval from the NYU Wagner School. The Business of Nonproft centration. Students may direct inquiries regarding Management† Note: A Stern elective course may satisfy enrollment into these courses through the UPADM-GP 242 only one concentration requirement (e.g., Stern Advising Office. Course descriptions Health Economics can count toward the and prerequisites can be found on the Wagner How to Change the World: sustainable business co-concentration website at wagner.nyu.edu/ Advocacy Movements & Social requirement OR as an advanced economics education/courses. . Innovation† elective, but it cannot satisfy both require- UPADM-GP 269 ments). Refer to page 119 in the Policies & Procedures of the College section of this

Course Social Entrepreneurship ies, and philosophy. Informed by these enue, students will work with tropical BSPA-UB 41 3 units. diverse perspectives, students then fruit, chocolate, and hotel companies, as Descriptions: Prerequisite: Sophomore standing. undertake the two projects. The first well as other entities, to generate future Social entrepreneurship is an emerging project focuses on the causes and conse- sustainable growth and community List A and rapidly changing business field quences of inequality in the various con- development. Potential student proj- that examines the practice of identify- texts of individual students’ own ects include business and marketing ing, starting, and growing successful hometowns. The second project focuses plans for agricultural production, eco- mission-driven for-profit and nonprofit on possible points of leverage with the tourism, and environmental education ventures - organizations that strive to market, government, and community for youths. The course includes an advance social change through innova- sectors, and encourages students to eight-day January trip to Costa Rica tive solutions. This course is designed work in groups and use these points of during which students will test their to provide a socially relevant academic leverage to bring about a more just soci- hypotheses on the ground with local experience to help students gain in- ety. The overall learning objectives are partners and become immersed in Costa depth insights into economic and social for students to become more familiar Rican culture. value creation across a number of areas with the complexity of economic including poverty alleviation, energy, inequality as an empirical phenomenon, Understanding the Clean Energy health, and sustainability. Essentially, and more empowered to contribute Transition students will have the opportunity to pragmatically to a just society. BSPA-UB 46 3 units. find and test new ideas and solutions to This course is designed to provide stu- social problems, create sustainable busi- Innovations & Strategies for dents with a rich understanding of the ness models (using lean startup princi- Building a Progressive Social overall U.S. energy system and energy ples), identify funding options and Enterprise use by sector. Students discuss options alternatives, learn how to measure BSPA-UB 44 3 units. and challenges for transitioning to social impact, and understand how to This course explores the future of sus- clean energy in the context of global scale and grow a social enterprise. The tainability and sustainable business, the climate change. To cover key concepts, course provides students with a toolkit role business plays in concentration of the course draws on the instructor’s and frameworks that can be used in a money and power, and how "net-posi- diverse experiences, appropriate read- social venture or within an existing tive" business can contribute to a world ings and reference material, select case organization to influence social change. of greater justice, equity, and wellbeing. studies, classroom discussions, guest The class equips students to be more speakers, and an innovative interactive Economic Inequality: Perspectives effective as active contributors to a just, learning platform (i.e., energy game). & Practices equitable, and regenerative world. The course covers four main themes: BSPA-UB 43 3 units. (1) environmental and macroeconomic Prerequisite: ECON-UB 1. Sustainability Impact Consulting context of the global climate problem This course invites students to consider in Costa Rica and high-level solutions, (2) the basics the causes and consequences of eco- BSPA-UB 45 3 units. By application of U.S. energy and electricity systems, nomic inequality from a variety of ana- only. (3) costs and features of different energy lytic perspectives, to judge the current Some of the most forward-thinking options and current and future trends, situation based on their own ethical val- businesses interested in taking care of and (4) deep dives into different energy ues, and to take concrete actions to the environment and society can be sources by sector, and challenges and bring about positive change in the found in the beautiful country of Costa options for transitioning to clean world. The format includes a discussion Rica. Stern students have the opportu- energy. The course is of interest to stu- seminar and two major projects. In the nity to work with small businesses in dents wishing to understand the funda- seminar, students become familiar with Costa Rica to help further develop their mentals and nuances of the current U.S. relevant terms and concepts drawn from innovative sustainability programs. energy system, gain knowledge of the disciplines including economics, politi- Since agriculture and tourism are the options and challenges to transitioning cal science, sociology, organization stud- country’s top sources of domestic rev- to clean energy, appreciate the factors

S U S TA I N A B L E B U S I N E S S 65 underpinning investment decisions per- studies and real-world projects brought insights into enterprise development taining to the energy system, and gain to life by two entrepreneurs— one who and growth; and improved consulting exposure to current and future energy is the co-founder of a leading health skills, including project planning, issue career options. This course covers food brand and the other who is the and stakeholder analysis, formulation of energy-related macroeconomic and cofounder of a leading creative agency. strategic and tactical recommendations, business trends as well as investment and client relationship management. potential in emerging fields, and is par- Measuring, Disclosing, & Driving ticularly relevant to students who plan Sustainability Independent Study in Sustainable to enter the fields of consulting, finan- BSPA-UB 67 2 units. Business cial services, and investment banking. Prerequisite: ACCT-UB 1 BSPA-UB 94 1 unit. This course aims to equip students with Independent study provides an oppor- Global Business & Human Rights the knowledge required to understand tunity for a select group of upperclass- BSPA-UB 47 3 units. how to measure, evaluate, and disclose men each year to work one-on-one with This is an advanced-level class that social and environmental corporate per- a faculty member on a topic selected by focuses on human rights law and prac- formance. The course emphasizes the the student and approved by the super- tice and how the human rights frame- interplay between sustainability strat- vising faculty member. Each student is work applies to business. Students will egy, organizational architecture, and expected to spend as much time on the be exposed to theoretical foundations of performance, while providing the prac- independent study as would be spent on human rights, the evolving role of busi- tical knowledge and insights for a regular course, and the topic selected ness in modern society, and case studies embedding sustainability into the cor- may not replicate an existing course. of how companies have been challenged porate DNA as daily practice. An information sheet with important by human rights issues in various guidelines about Independent Study is industries. Sustainability for Competitive available at stern.nyu.edu/portal-partners/ Advantage current-students/undergraduate/ Theory & Practice of Sustainable BSPA-UB 68 3 units. resources-policies/forms. Further informa- Investing Prerequisite: Sophomore standing. tion regarding the policies surrounding BSPA-UB 48 3 units. This course helps students learn what Independent Studies can be found on This course couples theory with the business is expecting from future lead- page 114. practice of Sustainable Investing (SI). ers in a competitive business market Students examine current ESG invest- where environmental issues, social chal- Experiential Learning Seminar: ment and corporate strategies, trends, lenges, and social media transparency Social Impact Consulting (P) future scenarios, players, and frame- require companies to mainstream sus- BSPA-UB 103 3 units. works. They then integrate that theory tainability into corporate strategy. Prerequisite: Sophomore standing. with practical investment performance Students will develop an effective lead- This course is an experiential learning analysis, metrics, and studies of data, ership perspective through pursuit of seminar involving project-based collab- screens, asset classes, and diversification. the following learning objectives: (1) oration among students, faculty, and The course maximizes student interac- become familiar with the key environ- nonprofit organizations. Its two objec- tion with industry leaders and is taught mental and social issues affecting busi- tives are to provide students with an through a mix of case studies, analyst ness decision-making today, (2) occasion to learn from the experience of reports, and lectures. Students gain per- understand the evolution of corporate becoming strategy consultants and to spectives from assessing fund manager response from compliance to engage- produce project outcomes that have strategies and perform quantitative and ment to innovation, (3) develop some of meaning and value for participating qualitative analysis in conjunction with the skills required for leading in this nonprofit organizations. the development of stock pitches for new social and political environment possible direct investment as concen- (e.g. multi-stakeholder management), SIV: Social Entrepreneurship in trated positions within a portfolio. (4) explore the efficiencies and innova- Ghana tions being developed by corporate BSPA-UB 2000 3 units. Marketing for Impact: Strategies leaders in pursuit of sustainability, (5) Application omay be required. for Sustainable Business explore innovations in finance (true cost SIV Ghana is a one-of-a-kind course BSPA-UB 51 3 units. accounting, net positive value, social that combines in-class learning with an The American corporate landscape is impact bonds), and (6) become familiar on-the-ground, real-world business and under assault. The average lifespan for a with the latest consumer insight cultural immersion. Over the past five company in the S&P 500 is shorter than research on sustainability. years, SIV Ghana has been working in ever, approval ratings for corporations the village of Woatze Tsatoe in the are lower than ever, and consumers are Social Innovation Practicum (P) Eastern Volta region of Ghana. When increasingly skeptical of advertising BSPA-UB 70 3 units. Stern volunteers began work, the vil- and corporate social responsibility mes- Prerequisite: Sophomore standing. lage had no concrete structures, paved sages that attempt to divert attention This course is designed to help students roads, or any businesses. Since then, from unethical business practices. The gain actionable insights into the nexus SIV Ghana has advised and assisted the ideas of stakeholder theory and shared between economic and social value cre- community in the establishment of value are gaining ground and increas- ation. Specifically, the purpose is to three micro-businesses and helped sup- ingly being seen as necessary constructs provide students with hands-on expo- port the development of a variety of for corporations. As part of this, the sure to the entrepreneurial pursuit of infrastructure projects including a new field of marketing is also undergoing social impact and innovation. Students school and public latrine. Current social significant change. This course gain an increased ability to recognize entrepreneurship projects include help- attempts to explore this “new normal,” and critically assess various forms of ing expand and create systems for the study the evolution of the consumer, social enterprise strategies as tools of community’s flagship enterprise, the and explore what brands - both old and economic development and social trans- Amenuveve Batik cooperative, and new - are doing and might do to suc- formation; a greater understanding of helping conceive and develop new busi- ceed in the years to come. The course the challenges of growing and sustain- nesses for the future. SIV Ghana proj- relies on a series of cutting-edge case ing a social enterprise, as well as special ects involve evaluating and

S U S TA I N A B L E B U S I N E S S 66 implementing new enhancements in Full course descriptions and prerequi- Law, Business, & Human Rights health and education with an overall sites for the below courses can be found BSPA-GB 2331 3 units. aim of promoting sustainability and on the Stern MBA website at socio-economic growth. During Spring stern.nyu.edu/portal-partners/registrar/ Global Markets, Human Rights, & Break, the entire class, accompanied by course-information. the Press Professors Kowal and Taparia, will BSPA-GB 3105 1.5 units. travel to Ghana to study and imple- Social Enterprise in Sustainable ment their ideas in the village of Food Business (P)* Waodze Tsatoe. BSPA-GB 2306 3 units.

Health Economics Full course descriptions and prerequi- Managing Financial & Social Course ECON-UB 140 3 units. sites for the below courses can be found Returns of the Social Enterprise Descriptions: Full course description can be found in on the Stern MBA website at PADM-GP 2312 3 units. the Department of Economics section stern.nyu.edu/portal-partners/registrar/ List B (page 36). course-information. Lean Approaches to Social Innovation Business & the Environment Corporate Political Power PADM-GP 4311 1.5 units. ECON-UB 225 3 units. BSPA-GB 2356 3 units. Full course description can be found in The Intersection of Finance & the Department of Economics section Social Venture Capital Social Justice (page 36). FINC-GB 3148 1.5 units. PADM-GP 4313 1.5 units.

Global Macroeconomics Investing for the Environment & Environmental Finance & Social ECON-UB 230 3 units. Social Impact Impact Full course description can be found in FINC-GB 3348 3 units. PADM-GP 4314 1.5 units. the Department of Economics section (page 36). Impact Investing in Family Offces Introduction to Social Impact FINC-GB 3355 3 units. UPADM-GP 102 4 units. The Political Economy of Development Strategy with Social Purpose Introduction to Managing Public ECON-UB 239 3 units. MGMT-GB 2368 3 units. Service Organizations Full course description can be found in UPADM-GP 103 4 units. the Department of Economics section Full course descriptions and prerequi- (page 36). sites for the below courses can be found The Business of Nonproft on the NYU Wagner website at Management Global Economic Trends wagner.nyu.edu/education/courses. UPADM-GP 242 4 units. ECON-UB 240 3 units. Full course description can be found in Financial Management for Global How To Change the World: the Department of Economics section Nonproft Organizations Advocacy Movements & Social (page 36). PADM-GP 2142 3 units. Innovation UPADM-GP 269 4 units. Social Impact Investment PADM-GP 2311 3 units.

S U S TA I N A B L E B U S I N E S S 67 SUSTAINABLE BUSINESS CO-CONCENTRATION REQUIREMENTS (12 UNITS) Students must take a minimum of four courses and earn at least 12 units. Two of the required four courses must be chosen from List A; the other two courses may be chosen from either List A or List B. One of the four courses must be a practicum “(P)” course.

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1These courses are offered through the Stern MBA program. Students who wish to enroll in these courses are required to submit their request via the MBA Course Request Form provided by the Advising Office. Course descriptions and pre- requisites can be found on the Stern MBA website at stern.nyu.edu/portal-partners/registrar.course-information.

2These courses are offered through the Wagner School of Public Service. Enrollment in these courses may require approval from the NYU Wagner School. Students may direct inquiries regarding enrollment into these courses through the Stern Advising Office. Course descriptions and prerequisites can be found on the Wagner website at wagner.nyu.edu/education/courses.

S U S TA I N A B L E B U S I N E S S 68 Multidisciplinary Courses

ultidisciplinary ized classes that do not neatly ciplinary courses offered each courses may fit into a given department. semester on the Stern website count toward Past course offerings are listed and on Albert. M multiple con- below. Students are encour- centrations and/or are special- aged to research the multidis-

Case Analysis lation and interpretation of results, business environments around the MULT-UB 5 2 units. not mathematical theory. The course world. The course includes a one- Prerequisite: Sophomore standing. is aimed at undergraduates with little week visit to a country in Asia, Counts toward Management concentra- prior exposure to modeling and quan- Europe, or Latin America to experi- tion. Counts toward Management Con- titative analysis, but is appropriate for ence its business environment and sulting track. all students who wish to strengthen culture frsthand. Students engage in Case methodology is a critical tool for their quantitative skills. Visit a customized Local Market Immer- analysts, managers, and entrepre- sterndma.com for more information. sion, exploring differences in national neurs. This course explores how retail markets. As a key part of the strategic frameworks are applied to Cohort Leadership Program I course, students visit a major corpora- high-level business problems. Case MULT-UB 9 0 units. Graded pass/fail. tion based in that country and meet interviews and case competitions are Required for all frst year students. with its executives to understand its used as models for learning. Students The purpose of the Cohort Leadership business strategy. The course con- study the principles behind creating Program, Introduction to Markets, cludes with a major project during and delivering effective visual slide- Professionalism, Analysis, Commu- which students prepare a business based presentations via mock deliver- nity, & Teamwork (IMPACT), is to plan to strengthen the competitive ies. Class time focuses on concept facilitate community building among positioning of the target company. lectures and skill-building through Stern frst year students. IMPACT individual and group exercises with achieves its mission by cultivating an Decision-Making Under self-critique. Assignments focus on educationally stimulating environ- Uncertainty creating and editing data-based pre- ment of curricular and co-curricular MULT-UB 16 3 units. sentations. This course is highly rec- experiences. IMPACT’s dynamic plat- Prerequisite: STAT-UB 103. ommended for students who wish to form exposes students to Stern Counts toward Computing & Data Sci- participate in case competitions. Undergraduate College’s values: ence, Marketing, Operations, and Statis- Explore, Collaborate, and Engage. tics concentrations. Counts toward Asset Decision Models & Analytics First year students explore some of Pricing and Corporate Finance tracks. MULT-UB 7 3 units. the central tenets of business through This course introduces the basic con- Prerequisites: STAT-UB 1 or academic theory, collaborate to cepts, principles, and techniques of STAT-UB 103 and sophomore standing. develop a real-world strategy based decision-making under uncertainty. Counts toward Computing & Data Sci- on social impact, and engage in the Students learn how to model complex ence, Management, Marketing, Opera- implementation and launch of their business problems that involve risk tions, and Statistics concentrations. strategy. and uncertainty with the help of Counts toward Asset Pricing, Business spreadsheet models. The course covers Analytics, Corporate Finance, Digital International Studies Program analytical models such as Decision Marketing, and Management Consulting MULT-UB 11 4 units. Spring. Tree, Stochastic Optimization, Simu- tracks. Prerequisites: ECON-UB 11, lation & Optimization, and Dynamic This course provides an introduction SOIM-UB 65, and junior standing. Optimization. This is a hands-on to basic principles and techniques of Counts toward Management Consulting course with an emphasis on model applied mathematical modeling for track. formulation and interpretation of managerial decision-making (models The International Studies Program results, not on mathematical theory. used in felds such as fnance, opera- (ISP) is a unique multidisciplinary tions, and marketing). Students learn course encompassing international Game Theory the use of important analytical meth- business and strategy. This program MULT-UB 20 3 units. ods (e.g., spreadsheet modeling, is currently the only one of its kind Prerequisite: Sophomore standing. Monte-Carlo simulation) to recognize offered as part of an undergraduate Counts toward Economics and Manage- their assumptions and limitations and business degree. Taken during spring ment concentrations. Counts toward to employ them in decision-making. of junior year, the course seeks to help Corporate Finance track. Emphasis is placed on model formu- students understand the diversity of This course introduces the basics of

M U LT I D I S C I P L I N A RY C O U R S E S 69 game theory. It focuses on fundamen- also amplifes problems during times neurs today are entering markets with tals of game theory, covering basic con- of crisis. This course provides stu- a lean, rapid, and agile approach. In cepts and techniques through a mix of dents with a broad and rigorous short, startups research their market lectures, exercises, and case discussions. understanding of (1) how the global to become “Ready”, test their product Students also think about how the les- fnancial system works and what pur- by fring away (“FIRE”), and use the sons learned may apply to other con- poses it serves, (2) who the major real market feedback to improve their texts, such as politics. The course players are and how they operate, and “Aim”. Then they repeat the “Ready- equips students with game theory (3) what challenges the system creates FIRE-Aim” loop until they have the techniques for making good business for public policy. In doing so, the best product-market ft. This course, decisions by learning how to recognize course helps students understand and taught by experienced entrepreneurs, and model strategic situations and to make the most of their own opportu- mixes lectures, offce hours, case stud- predict when and how actions will nities in the fnancial system. ies, and guest entrepreneur presenta- infuence the decisions of others. tions in an interactive and Pricing & Revenue Analytics collaborative classroom environment. Law through the Lens of Film MULT-UB 30 3 units. The students form startup teams to MULT-UB 23 4 units. Prerequisite: OPMG-UB 1. brainstorm business ideas, research Prerequisite: Sophomore standing. Counts toward Operations concentration. and test their products, and create a The layman often perceives the law as Revenue Management & Pricing business summary for a live presenta- a mysterious abstraction - something (RMP) focuses on how frms should tion to the class. Guest entrepreneurs, one hears about on a news report manage their pricing and product investors, and the instructor will about the Supreme Court or in rela- availability policies across different review students’ presentations to pro- tion to criminal law, or perhaps some- selling channels to maximize per- vide feedback and direction. thing one hopes to avoid just by not formance and proftability. One of the having any traffc violations. Law, best-known applications of RMP is The Middle East: Culture, however, is not only visible in every- yield management whereby airlines, Markets, & Strategy day life, but it is also not so esoteric as hotels, and other companies seek to MULT-UB 45 3 units. to be beyond the layman’s under- maximize operating contribution by Counts toward Global Business and standing. This course aims to develop dynamically managing capacity over Marketing concentrations. a more educated perception of the law time. For example, American Airlines This is an intercession course with a travel so that it becomes less intimidating, estimates that its pricing and revenue component to the UAE. Additional fees and to equip students with a basic management practices have generated apply. Contact the Stern International level of savvy and analytical ability in more than $1.4 billion in additional Programs Offce for more details. relation to law. To do this, students incremental revenue over a three-year This course provides an introduction watch flms over the course of the period. In addition, the restless evolu- to the Middle East with a focus on semester and learn to spot legal issues tion of information technologies and the Arabian Gulf region. It examines in a variety of scenarios, from personal software development have fueled the key historical, geographical, sociocul- life to business transactions. Discus- rapid growth of commercial RMP tural, economic, and political trends sions then go into how such issues can systems and related consulting serv- in the region and explores their impact the individuals and entities ices. Building on a combination of implications for business and market- involved, how they can be resolved, lectures and case studies, the course ing strategies. Students study key what the ramifcations of those issues develops a set of methodologies that events that have shaped the region are in the bigger scheme of society, students could use to identify and beginning from the infuence of Islam and what kind of examples actually do develop opportunities for revenue and control by the Ottoman Empire exist in both historical and contempo- optimization in different business through the colonial period to today. rary case law. While this is a Stern contexts including the transportation Issues covered include the energy course, it is not limited to business and hospitality industries, retail, industry and the geopolitics of oil, law; rather, it is a broad overview of media and entertainment, fnancial economic development and competi- law as viewed through flm. services, healthcare, and manufactur- tiveness, the business environment, ing, among others. The course places cultural issues, and consumption pat- The Financial System particular emphasis on discussing terns. The course is taught at the MULT-UB 27 3 units. quantitative models needed to tackle NYU campus in Abu Dhabi and Prerequisites: ECON-UB 11 and a number of important business prob- involves cultural and business trips in FINC-UB 2. lems including capacity allocation, Abu Dhabi and Dubai. Counts toward Economics, Finance, and markdown management, dynamic Global Business concentrations. Counts pricing for ecommerce, customized Entertainment Law toward Asset Pricing and Corporate pricing, and demand forecasts under MULT-UB 48 2 units. Finance tracks. market uncertainty. Prerequisite: Sophomore standing. The fnancial crisis has shown both Counts toward Business of Entertainment, how important the fnancial system is Entrepreneurship 2.0 Media, & Technology minor. to the global economy and how com- MULT-UB 39 2 units. Law inevitably touches all felds in plicated it is. Financial systems are Counts toward Entrepreneurship track. some way, and mass media and enter- centered around fnancial institutions Entrepreneurship 2.0 studies the tainment is no exception. This course and capital markets, but they also process of launching and building a examines the inner workings of the involve governments, public policy, company. Technology and the Inter- entertainment business from a legal and regulation. They span the globe net continue to accelerate rapid inno- perspective. Major topics include con- from the U.S., the EU, and Japan to vation that is disrupting most tracts, torts (defamation and privacy), Russia, China, and the Emerging industries and creating many new and intellectual property. It also Markets. In key areas, country-level ones. There has never been a better focuses on the relationships between fnancial architectures are integrating time to launch a business, and with so various parties in the entertainment to form a more seamless high-perfor- many relatively inexpensive technol- feld (e.g., the artist, manager, and mance whole, but this integration ogy tools available, most entrepre- agent), the protection of intellectual

M U LT I D I S C I P L I N A RY C O U R S E S 70 property interests, and various aspects identify their key success factors and Entrepreneurship & Law in of the recording industry (e.g., con- the competitive landscape. (2) Stu- Practice tracts and royalties). Ultimately, this dents learn to understand the broad MULT-UB 86 2 units. course prepares students for general themes that drive value creation in Prerequisites: MGMT-UB 85 (only if a analysis of a wide variety of entertain- the Tech Industry. (3) Students learn student wishes to count it as an elective ment law issues. Dealing with more to apply the Six-Pack framework of toward the Management concentration) narrow topics, such as constitutional analysis to get a quick initial look at and sophomore standing. concerns or union representation, comprehensive fnancial metrics and Counts toward Entrepreneurship and requires additional specialized inde- then relate them to the company’s Management concentrations. Counts pendent study. This class also helps business drivers. (4) Students prepare toward Social Entrepreneurship minor. students further develop their reason- a write-up that explains the value Counts toward Entrepreneurship track. ing and communication skills. drivers and links to company’s stock The course is designed around two price performance. These skills are games: the law game and the entre- Real Estate Transactions essential for tech IQ. Having a per- preneurship game. The law game MULT-UB 51 3 units. spective about how various tech com- simulates a civil trial from inception Prerequisite: SOIM-UB 6. panies make money is critical to to end. The entrepreneurship game Counts toward Real Estate track. analyze them for investment, advise focuses on the legal and fnancial This course examines the legal issues its managers, manage its operations, issues an entrepreneur considers in of real estate fnancing with an empha- market its products, or choose its cap- starting a business. Teams follow the sis on commercial transactions. The ital structure. Students who have pre- life-cycle of a business they create. main topics covered are acquisition, viously taken Business Drivers of Students are encouraged to continue development, construction, permanent Industries have found this course to on after the course to create the com- fnancing, and management. The provide additional value. Visit panies started in the game. course focuses on these topics from a dangode.com/techdrivers for more details legal perspective and students develop about the industries covered in this Commerce & Culture the ability to use legal concepts in real course. MULT-UB 100 4 units. estate transactions. The fnal part of This course explores representations of the course covers some aspects of taxa- Business Practicum American business in literature, flm, tion specifc to real estate. MULT-UB 71 1 unit. art, and architecture. These artistic Internships are a wonderful comple- texts, placed in various business Business Drivers of Industries ment to classroom learning and can milieus, act as resources for students to MULT-UB 56 3 units. be a valuable part of a student's edu- develop their writing and critical Prerequisite: ACCT-UB 1. cation, especially with the exciting thinking skills. Three major writing Counts toward Accounting and Manage- opportunities offered in New York assignments ask students to consider ment concentrations. Counts toward Man- City. The Stern elective course Busi- the role of commerce and institutions agement Consulting track. ness Practicum is designed to help in three aspects of modern life: indi- This course has three objectives: (1) students learn leadership and inter- vidual identity and destiny, expres- Students study a broad, but not too personal skills that will allow them to sions of culture, and as sites for social deep, analysis of fnancial statements effectively apply their classroom and individual transformation. of companies in a wide range of indus- knowledge to the workplace. tries to identify their key success fac- The Startup Lab tors and the competitive landscape. Foundations of FinTech MULT-UB 301 3 units. (2) Students learn to apply the Six- MULT-UB 80 3 units. Prerequisite: Sophomore standing. Pack framework of analysis to get a Prerequisites: FINC-UB 2 and junior Counts toward Entrepreneurship concen- quick initial look at comprehensive standing. tration. Counts toward Social Entrepre- fnancial metrics and then relate them Counts toward Computing & Data Sci- neurship Minor. Counts toward to the company’s business drivers. (3) ence, Entrepreneurship, and Finance con- Entrepreneurship Track. Students prepare a write-up that centrations. This course broadly focuses on ven- explains the value drivers and links to FinTech is the label for increasingly ture creation and guides students company’s stock price performance. technological approaches to main through the thrilling ride that is the These skills are essential for general fnancial intermediation functions: entrepreneurial startup process. Stu- business IQ regardless of career payments, capital raising, remit- dents explore the how-tos of identify- choices. Having a perspective about tances, managing uncertainty and ing and evaluating opportunities, how various industries make money is risk, market price discovery, and developing innovative business mod- critical to analyze a company for mediating information asymmetry els, concept testing, gaining early investment, advise its managers, man- and incentives. In today’s FinTech customer feedback, and then rapidly age its operations, market its prod- businesses, consumers bank via iterating to better address market ucts, or choose its capital structure. mobile apps integrated into social demand and meet competitor chal- media, institutions trade electroni- lenges. Emphasis is placed on com- Tech Industry Drivers cally, and robo advisers make deci- pleting a feasibility analysis that MULT-UB 57 3 units. sions about investment portfolios. examines “will it fy?” and on creat- Prerequisite: ACCT-UB 1. This inter-departmental course pro- ing a strategic plan for launching, Counts toward Accounting, Computing & vides an introduction to the emerging operating, and fnancing their busi- Data Science, and Marketing concentra- FinTech discipline. It is intended to ness, whether a web 2.0, traditional tions. Counts toward Business of Enter- be the starting point for Stern stu- brick and mortar, for-proft, or social tainment, Media, & Technology minor. dents who may take additional elec- impact venture. Counts toward Management Consulting tives in FinTech while also providing track. an overview of the area for students Business Simulation This course has four objectives: (1) who take only one FinTech course. MULT-UB 302 2 units. Students study a broad, but not too Counts toward Marketing concentration. deep, analysis of fnancial statements This course is an introduction to of companies in the Tech Industry to strategic business decisions and

M U LT I D I S C I P L I N A RY C O U R S E S 71 helps students understand basic con- periods. Students make cross-func- students learn business terminology cepts applicable to the operations of tional business decisions, such as and how to interpret business infor- typical businesses. The course objec- capacity management, pricing, adver- mation as they develop an under- tives are achieved through a simula- tising, and sales promotions, and standing of the key functional areas of tion game that requires teams of evaluate the outcomes of these deci- a business. They also learn to apply students to manage the operations of sions on their frm’s performance. business concepts in a dynamic inte- a local business over multiple time Over the course of the simulation, grative environment.

Executive Executive Practitioner and Experien- world and New York City is its entations of the creative side of the tial Learning Seminars offer eligible global capital. The industry’s eco- business with the practical opera- Practitioner & students opportunities for meaningful nomic impact on New York City is tional realities of making money is collaborations with practitioners and signifcant, employing more than one of the largest ones. This course Experiential organizations; to learn frst-hand from 173,000 people and generating nearly provides students with the opportu- Learning leading practitioners, entrepreneurs, $10 billion in wages. In addition, the nity to work on projects with execu- and top faculty in their felds; and to semi-annual Fashion Week, which tives, designers, merchandisers, Seminars apply the skills acquired in the class- includes more than 500 fashion shows manufacturers, and marketers from room to real-world problems. and attracts approximately 232,000 leading fashion companies and start- attendees each year, generates almost up ventures. Both established players Each semester new and innovative $900 million annually. This course and entrepreneurial ventures are rep- seminars will be announced prior to brings together leading designers, resented and students focus on spe- the registration period. All courses in manufacturers, and retailers who dis- cifc challenges the fashion industry this category will be identifed as Mul- cuss with students the unique aspects faces in fnance, marketing, sales, tidisciplinary (MULT-UB). Some may of the fashion business. Both estab- manufacturing, management, and require application processes or pre- lished players and entrepreneurial operations. This is a project-based requisites. Some may satisfy specifc ventures are represented and focus on class during which students learn the area-of-study elective requirements specifc challenges the fashion indus- ins and outs of the fashion industry while others will count toward Stern try faces in fnance, marketing, sales, through working on “live cases”. elective requirements. Students should manufacturing, management, and Projects cover all aspects of the indus- consult the Stern Undergraduate operations. try and can vary from working with Advising Offce with any questions. established fashion brands and retail- EXPERIENTIAL LEARNING ers to helping startups launch their EXECUTIVE PRACTITIONER SEMINARS businesses. At the completion of the SEMINARS projects, teams present their analysis Following is a sample of Experiential and plans to a panel of industry Following is a sample of Executive Learning Seminars that have been experts who evaluate them based on Practitioner Seminars that have been offered in the past. New courses may their thoroughness and value to the offered in the past. New courses may be offered each semester. companies. be offered each semester. Fashion Industry: Creativity & The Dynamics of the Fashion Business Industry MULT-UB 104 3 units. MULT-UB 151 3 units. Prerequisite: Sophomore standing. Prerequisite: Sophomore standing. Coreq- Counts toward Management and Market- uisites: FINC-UB 2 and MGMT-UB 1. ing concentrations. Counts toward Entre- Counts toward Management and Market- preneurship and Luxury Marketing ing concentrations. Counts toward Luxury tracks. Marketing track. There are many challenges to running The fashion industry is a unique and a fashion business. Marrying the highly visible part of the business oftentimes conficting views and ori-

M U LT I D I S C I P L I N A RY C O U R S E S 72 Cross-School Minors

Advanced ADVANCED MATHEMATICAL Introduction to Stochastic Linear Algebra METHODS MINOR Processes MATH-UA 140 4 units. Mathematical REQUIREMENT (4 COURSES) STAT-UB 21 Prerequisite: A grade of C or better in MATH-UA 9 or the equivalent. The Advanced Mathematical Methods Minor Ordinary Differential Equations Students learn systems of linear equa- Methods minor provides students MATH-UA 262 tions, Gaussian elimination, matrices, with mathematical tools to handle with the College determinants, Cramer’s rule, vectors, complex business problems. Most Partial Differential Equations vector spaces, basis and dimension, of Arts & Science advanced mathematics courses offered MATH-UA 263 linear transformations, Eigenvalues, in mathematics departments require eigenvectors, and quadratic forms. as prerequisites a complete coverage Analysis I of calculus up to and including calcu- MATH-UA 325 Honors Linear Algebra lus of several variables as well as lin- MATH-UA 148 4 units. ear algebra. In today’s business world, or Prerequisite: A grade of A- or better in the most quantitatively demanding MATH-UA 9 or the equivalent. projects require not only this level of Honors Analysis I This honors section of Linear Algebra mathematics, but also a thorough MATH-UA 328 is intended for well-prepared students grounding in probability and statis- who have already developed some tics. This joint minor between CAS mathematical maturity. Its scope and Stern serves these needs by COURSES includes the usual Linear Algebra requiring courses in mathematics and Calculus III (MATH-UA 140) syllabus; however numerical methods offered within the MATH-UA 123 4 units. this class will move faster, covering Mathematics Department at CAS and Prerequisite: A grade of C or better in additional topics and going deeper. courses in probability theory and sta- MATH-UA 122 or the equivalent. Topics covered include vector spaces, tistical analysis offered within the Note that this course is not required for linear dependence, basis and dimen- Statistics & Actuarial Science the minor, but is a prerequisite for the sion, matrices, determinants, solving Department at the Stern School of minor courses. linear equations, eigenvalues and Business. This course covers functions of several eigenvectors, quadratic forms, and variables: vectors in the plane and applications such as optimization or Students are required to take the fol- space; partial derivatives with appli- linear regression. lowing courses: cations, especially Lagrange multipli- ers; double and triple integrals; Introduction to the Theory of Linear Algebra spherical and cylindrical coordinates; Probability MATH-UA 140* and surface and line integrals. STAT-UB 14 3 units.

or Prerequisites: MATH-UA 121 and Honors Calculus III MATH-UA 122. MATH-UA 103 is MATH-UA 129 4 units. also suggested. Honors Linear Algebra Prerequisites: A grade of A- or better in MATH-UA 148 Full course description can be found MATH-UA 122 or the equivalent and in the Department of Statistics sec- permission from the instructor. tion (page 61). Introduction to the Theory of Note that this course is not required for Probability the minor, but is a prerequisite for the STAT-UB 14** minor courses. This course is similar to Calculus III Numerical Analysis (MATH-UA 123), but students learn *Students who have the equivalent of MATH-UA 252 at a faster pace and on a deeper level. MATH-UA 140 or 148 should substitute The course covers functions of several a more advanced course from the list above. or variables; vectors in the plane and space; partial derivatives with appli- **All students must take at least one Stern course to meet minor requirements. If a stu- Numerical Methods I cations, especially Lagrange multipli- MATH-GA 2010 dent has completed the CAS version of ers; double and triple integrals; Probability, STAT-UB 14 should not be spherical and cylindrical coordinates; taken. Select one of the following instead: One course from the following surface and line integrals; divergence, advanced course list: gradient, and curl; and the Theorem Statistical Inference & Regression Analysis of Gauss and Stokes. Students inter- STAT-UB 15 Statistical Inference & Regression ested in an honors mathematics or Analysis degree are especially encouraged to STAT-UB 15 Introduction to Stochastic Processes consider this course. STAT-UB 21

C R O S S - S C H O O L M I N O R S 73 Statistical Inference & Regression Fortran, C, C++, or another language). applications to physics, chemistry, Analysis Prior knowledge of Matlab is not biology, and population dynamics. STAT-UB 15 3 units. required, but Matlab is used as the main Prerequisites: MATH-UA 121, language for homework assignments. Analysis I MATH-UA 122, MATH-UA 124, This course covers floating point MATH-UA 325 4 units. and STAT-UB 14. arithmetic; conditioning and stabil- Prerequisites: MATH-UA 123 or Full course description can be found ity; numerical linear algebra, includ- MATH-UA 129 or MATH-UA 213 in the Department of Statistics sec- ing direct methods for systems of and MATH-UA 140 or MATH-UA tion (page 61). linear equations, eigenvalue prob- 148 with grades of C or better or equiva- lems, LU, Cholesky, QR and SVD lents. Introduction to Stochastic factorizations; interpolation by poly- This course focuses on the real num- Processes nomials and cubic splines; numerical ber system and convergence of STAT-UB 21 3 units. quadrature; nonlinear systems of sequences and series. It includes rig- Prerequisites: MATH-UA 121, equations and unconstrained opti- orous study of functions of one real MATH-UA 122, and STAT-UB 14. mization; Fourier transforms; and variable: continuity, connectedness, Full course description can be found Monte Carlo methods. Computer pro- compactness, metric spaces, power in the Department of Statistics sec- gramming assignments and individ- series, and uniform convergence. tion (page 61). ual research projects are an essential part of the course. Honors Analysis I Numerical Analysis MATH-UA 328 4 units. MATH-UA 252 4 units. Ordinary Differential Equations Prerequisites: MATH-UA 123 or Prerequisites: MATH-UA 123 or MATH-UA 262 4 units. MATH-UA 129 or MATH-UA 213 MATH-UA 129 or MATH-UA 213 Prerequisites: MATH-UA 123 or and MATH-UA 140 or and MATH-UA 140 or MATH-UA MATH-UA 129 or MATH-UA 213, MATH-UA 148 with grades of C or 148 with a grade of C or better. and MATH-UA 140 or better or equivalents. Students explore how mathematical MATH-UA 148. Recommended: Honors section of MATH- problems can be analyzed and solved This course covers first and second UA 123 and MATH-UA 148. with a computer. Numerical analysis order equations, series solutions, and This is an introduction to the rigor- has very broad applications in mathe- laplace transforms. It also provides an ous treatment of the foundations of matics, physics, engineering, finance, introduction to partial differential real analysis in one variable. It is and the life sciences. This course equations and Fourier series. based entirely on proofs. Students are gives an introduction to this subject expected to know what a mathemati- for mathematics majors. Theory and Partial Differential Equations cal proof is and to be able to read a practical examples using Matlab are MATH-UA 263 4 units. proof before taking this class. Topics combined to study a range of topics Prerequisite: MATH-UA 262 with a include properties of the real number ranging from simple root-finding grade of C or better or the equivalent. system, sequences, continuous func- procedures to differential equations Many laws of physics are formulated tions, topology of the real line, com- and the finite element method. as partial differential equations. This pactness, derivatives, the Riemann course discusses the simplest exam- integral, sequences of functions, uni- Numerical Methods I ples, such as waves, diffusion, gravity, form convergence, infinite series, and MATH-GA 2010 3 units. and static electricity. Nonlinear con- Fourier series. Additional topics may Prerequisites: A good background in lin- servation laws and the theory of shock include Lebesgue measure and inte- ear algebra and experience writing com- waves are discussed as are further gral on the real line, metric spaces, puter programs (in Matlab, Python, and analysis on metric spaces.

Business of New York City is home to some of BUSINESS OF minor, the student may submit the request Entertainment, the world’s most iconic media, enter- ENTERTAINMENT, MEDIA, & to the Stern Undergraduate College Offce tainment, and technology conglomer- TECHNOLOGY (BEMT) MINOR of Academic Advising by emailing Media, & ates and startups—including film, REQUIREMENTS (16 UNITS) [email protected]. The offce television, music, publishing, will request permission from the BEMT Technology Minor Broadway, social media, and advertis- All students are required to take academic director. If the course is approved ing. NYU’s BEMT minor is at the 8 units of their minor at Stern. All for the minor and is offered by Tisch (ver- with the nexus of these businesses. This cross- students must take Entertainment & sus Stern), the student must follow proce- Steinhardt School school minor brings together courses Media Industries (MKTG-UB 40) as dures for non-majors wishing to take flm from the Stern School of Business, the the core requirement plus 6 units of courses (tisch.nyu.edu/flm-tv/ of Culture, Tisch School of the Arts, and the additional electives within Stern from course-offering/procedures-for-non- Steinhardt School of Culture, the following list. The remaining majors). Education, & Education, & Human Development. 8 units must be taken through either the Steinhardt or Tisch courses listed. Human It provides students with a founda- COURSES tion in the business aspects of media, A minimum grade of C is required for Development, and entertainment, and technology. all courses intended to count toward Core Course Through this program, students are the BEMT minor and the minimum Entertainment & Media Industries the Tisch School able to take electives that will help overall GPA required in the minor is MKTG-UB 40 2 units. of the Arts broaden their knowledge and under- 2.0. It should be noted that Stern stu- Full course description can be found standing of these sectors and prepare dents cannot count a required course in the Department of Marketing sec them to succeed in this ever-changing from the Business Core or from their tion (page 53). ecosystem. concentration toward the minor. Note: If a course is not listed and a Stern student would like to count it toward a

C R O S S - S C H O O L M I N O R S 74 Note: Students are highly encouraged to Impact of Technology on Digital Business Strategies take Entertainment & Media Industries Entertainment & Media MKTG-UB 56 2 units. (MKTG-UB 40). frst because it serves MKTG-UB 23 2 units. Full course description can be found as a foundation class for the study of this Full course description can be found in the Department of Marketing sec- minor. Steinhardt students majoring in in the Department of Marketing sec- tion (page 53). Media, Culture, & Communication may tion (page 53). take The Business of Media (MCC-UE The Business of Video Games 1020) instead of MKTG-UB 40, but Arts Marketing MKTG-UB 58 2 units. must still complete 8 units at Stern as part MKTG-UB 24 2 units. Full course description can be found of the minor. Full course description can be found in the Department of Marketing sec- in the Department of Marketing sec- tion (page 53). STERN ELECTIVE COURSES tion (page 53). Leisure Marketing Economics of Media & Business of Broadway MKTG-UB 80 2 units. Entertainment MKTG-UB 25 2 units. Full course description can be found ECON-UB 120 3 units. Full course description can be found in the Department of Marketing sec- Full course description can be found in the Department of Marketing sec- tion (page 53). in the Department of Economics sec- tion (page 53). tion (page 36). Entertainment Law Sports Management MULT-UB 48 2 units. Economics of Chinese MKTG-UB 39 2 units. Full course description can be found Entertainment Media & Tech Full course description can be found in the Multidisciplinary Courses sec- ECON-UB 125 2 units. in the Department of Marketing sec- tion (page 69). Full course description can be found tion (page 53). in the Department of Economics sec- Tech Industry Drivers tion (page 36). Deal Making in the Entertainment MULT-UB 57 3 units. Industry Full course description can be found Sports Economics MKTG-UB 43 2 units. in the Multidisciplinary Courses sec- ECON-UB 211 3 units. Full course description can be found tion (page 69). Full course description can be found in the Department of Marketing sec- in the Department of Economics sec- tion (page 53). Data Analytics in Digital tion (page 36). Marketing Television Management TECH-UB 38 3 units. Financial Analysis in EMT MKTG-UB 44 2 units. Full course description can be found FINC-UB 68 2 units. Full course description can be found in the Computing & Data Science Full course description can be found in the Department of Marketing sec- section (page 33). in the Department of Finance section tion (page 53). (page 42). Networks, Crowds, & Markets Social Media Strategy TECH-UB 60 3 units. Managing in Creative Industries MKTG-UB 45 2 units. Full course description can be found MGMT-UB 9 3 units. Full course description can be found in the Computing & Data Science Full course description can be found in the Department of Marketing sec- section (page 33). in the Department of Management & tion (page 53). Organizations section (page 50). Tisch Film & Television Elective Globalization of the Entertainment Courses Managing Creative Content Industry Development See the NYU Tisch website at MKTG-UB 46 2 units. tisch.nyu.edu/flm-tv/course-offering for MKTG-UB 4 2 units. Full course description can be found Full course description can be found detailed course descriptions and pre- in the Department of Marketing sec- requisites. All non-majors are in the Department of Marketing sec- tion (page 53). tion (page 53). restricted to section 002 of the listed Tisch courses with the exception of Sports Marketing summer programming. Business of Publishing MKTG-UB 47 2 units. MKTG-UB 19 2 units. Full course description can be found Full course description can be found Language of Film in the Department of Marketing sec- FMTV-UT 4 4 units. in the Department of Marketing sec- tion (page 53). tion (page 53). Producing the Short Screenplay Business of Producing FMTV-UT 1023 3 units. Business of Film MKTG-UB 49 2 units. MKTG-UB 20 2 units. Full course description can be found Full course description can be found Producing for Television in the Department of Marketing sec- FMTV-UT 1028 3 units. Summer only. in the Department of Marketing sec- tion (page 53). tion (page 53). TV Nation: Inside & Out of the Craft & Commerce of Film: Movie Marketing Box Tribeca Film Festival FMTV-UT 1086 3 units. MKTG-UB 22 2 units. MKTG-UB 51 2 units. Full course description can be found Full course description can be found Strategies for Independent in the Department of Marketing sec- in the Department of Marketing sec- tion (page 53). Producing tion (page 53). FMTV-UT 1092 3 units.

C R O S S - S C H O O L M I N O R S 75 Film Marketing & Distribution The Basics of Social Interactive, Internet, & Mobile FMTV-UT 1093 3 units. Entrepreneurship Music REMU-UT 1269 2 units. MPAMB-UE 1306 2 units. Fall. Producing for Film FMTV-UT 1095 3 units. Tisch Drama Elective Courses Village Records Non-Drama majors need permission MPAMB-UE1310 2 units. Fall and Legal Aspects of the codes to enroll in drama courses. spring. Entertainment Industry Students should reach out to the spec- Prerequisite: Junior or senior standing. FMTV-UT 1195 3 units. ified contact in the Tisch Drama department indicated on the BEMT Music Business Internship Producing for Film & Television form online at stern.nyu.edu/portal- MPAMB-UE.1320 2 units. Fall, FMTV-UT 1295 3 units. Summer only. partners/current-students/undergraduate/ spring, and summer. academics/minors to obtain these codes. Prerequisite: Junior or senior standing. Production Management: Boards & Budgets Leading & Managing Theater in a Steinhardt Media, Culture, & FMTV-UT 1296 3 units. Summer only. Global Context Communication Elective Courses THEA-UT 685 4 units. See the NYU Steinhardt website at Tisch Clive Davis steinhardt.nyu.edu/mcc for detailed Institute of Recorded Music Elective Self-Start: Fundamentals of course descriptions and prerequisites. Courses Artistic Entrepreneurship Non-Recorded Music majors may THEA-UT 678 4 units. Television: History & Form request access to these courses in the MCC-UE 1006 4 units. Clive Davis Institute of Recorded Steinhardt Music Music by completing the non-major Business Elective Courses Film: History & Form request form at tisch.bsd.net/page/s/ See the NYU Steinhardt website at MCC-UE 1007 4 units. remu-non-major-request-form. steinhardt.nyu.edu/music/business for Enrollment is granted in the order detailed course descriptions and pre- Video Games: Culture & Industry received based upon availability. requisites. MCC-UE 1008 4 units.

Women as Entrepreneurs in Business Structure of the Music The Business of Media Popular Music Industry MCC-UE 1020 4 units. REMU-UT 1170 2 units. MPAMB-UE 100 2 units. Fall and spring. Media Audiences Music Contracts & Deal Making Note: Business Structure of the Music MCC-UE 1016 4 units. REMU-UT 1223 2 units. Industry is a prerequisite for all the fol- lowing courses listed. Students may enroll Digital Literacy Leadership in the Music Industry in any section marked non-majors. MCC-UE 1031 4 units. REMU-UT 1225 2 units. Global Music Trend Analysis Media, Technology, & Society Funding Your Music Venture MPAMB-UE 106 2 units. Fall and MCC-UE 1034 4 units. REMU-UT 1226 2 units. spring. (For students abroad at all NYU sites except London, Madrid, and Accra.) Media & Globalization The Future of Streaming MCC-UE 1300 4 units. REMU-UT 1231 2 units. Concert Management MPAMB-UE 200 2 units. Spring. Global Media & International Law Music Licensing Lab MCC-UE 1304 4 units. REMU-UT 1241 2 units Music Publishing MPAMB-UE 205 2 units. Fall and Media & the Culture of Money Branding: Sponsorships, spring. MCC-UE 1404 4 units. Endorsements, Cross-Promotion, & Beyond International Music Business Copyright, Commerce, & Culture REMU-UT 1250 4 units. Marketplace MCC-UE 1405 4 units. MPAMB-UE 300 2 units. Fall and Artist Management Lab spring. The Rise of Internet Media REMU-UT 1261 2 units. MCC-UE 1571 4 units.

Marketing for Mass Media MCC-UE 1785 4 units.

Public Policy & In today’s global society, the interde- • Examine political influences on PUBLIC POLICY & pendencies of the market, commu- local, domestic, and international MANAGEMENT MINOR Management nity, and state sectors have created a policy; REQUIREMENTS (14 UNITS need for individuals who possess a • Explore sustainability issues MINIMUM) Minor With the deep understanding of both the pub- within the sectors; and Wagner Graduate lic and private spheres. This interdis- • Understand the nuances of effec- All students must complete a mini- ciplinary minor enables students to: tive leadership. mum of 14 units to satisfy the inter- School of • Study sector-specific convergence, school minor requirements and must divergence, and challenges in take at least 6 units in each school. Public Service management practices; Students cannot declare classes count- ing toward this minor pass/fail.

C R O S S - S C H O O L M I N O R S 76 Stern undergraduate students cannot dou- SIV: Social Entrepreneurship in Wagner Graduate School of Public ble-count required Business Core or con- Ghana Service Elective Courses centration courses toward this minor. BSPA-UB 2000 3 units. See the NYU Wagner website at Application may be required wagner.nyu.edu/education/undergraduate/ All students must take one of the fol- Full course description can be found minors/policy-management for detailed lowing foundation courses as the core in the Sustainable Business section course descriptions and prerequisites. requirement: (page 64). Introduction to Social Impact Core Courses Business & the Environment UPADM-GP 102 4 units. Management & Organizations ECON-UB 225 3 units. MGMT-UB 1 4 units. Full course description can be found Normative Issues in Public Policy Full course description can be found in the Department of Economics sec- UPADM-GP 120 4 units. in the Department of Management & tion (page 36). Organizations section (page 50). The Economics of Public Policy Management & Organizations* UPADM-GP 140 4 units. The Politics of Public Policy MGMT-UB 1 4 units. UPADM-GP 101 4 units. Note: This course can be taken as an elec- The American Presidency See the NYU Wagner website at tive if it was not taken as the core course. UPADM-GP 209 4 units. wagner.nyu.edu/education/undergraduate/ Full course description can be found minors/policy-management for full course in the Department of Management & The Politics of New York description. Organizations section (page 50). UPADM-GP 215 4 units.

Introduction to Managing Public Managing People & Teams at Racial Inequality & Public Policy Service Organizations Work in the American City UPADM-GP 103 4 units. MGMT-UB 7 3 units. UPADM-GP 219 4 units. See the NYU Wagner website at Full course description can be found wagner.nyu.edu/education/undergraduate/ in the Department of Management & The Meaning of Leadership minors/policy-management for full course Organizations section (page 50). UPADM-GP 221 4 units. description. Strategic Analysis Philanthropy, Advocacy, & Social Stern Elective Courses MGMT-UB 18 3 units Change Full course description can be found Principles of Financial UPADM-GP 224 4 units. in the Department of Management & Accounting* Organizations section (page 50). ACCT-UB 1 4 units. Leadership: Women & Public Full course description can be found Policy Managerial Skills in the Department of Accounting sec- UPADM-GP 226 4 units. MGMT-UB 21 3 units. tion (page 29). Full course description can be found Topics in Health: Policy, Politics, in the Department of Management & Economic Inequality: Perspectives & Power Organizations section (page 50). & Practices UPADM-GP 236 4 units. BSPA-UB 43 3 units. Managing Change Full course description can be found The Business of Nonproft MGMT-UB 25 3 units. in the Sustainable Business section Management Full course description can be found (page 64). UPADM-GP 242 4 units. in the Department of Management & Organizations section (page 50). Sustainability for Competitive Public Policy & the Arts Advantage UPADM-GP 263 4 units. Negotiation & Consensus Building BSPA-UB 68 3 units. MGMT-UB 30 3 units. Full course description can be found How to Change the World: Full course description can be found in the Sustainable Business section Advocacy Movements & Social in the Department of Management & (page 64). Innovation Organizations section (page 50). UPADM-GP 269 4 units. Experiential Learning Seminar: Power & Politics Social Impact Consulting Intelligence & National Security MGMT-UB 66 3 units. BSPA-UB 103 3 units. Policymaking Full course description can be found Prerequisite: Sophomore standing. UPADM-GP 430 4 units. in the Department of Management & Full course description can be found Organizations section (page 50). in the Sustainable Business section (page 64). Introduction to Marketing* MKTG-UB 1 4 units. *This course may not be taken by Stern stu- Full course description can be found dents to satisfy minor requirements. in the Department of Marketing sec- tion (page 53).

C R O S S - S C H O O L M I N O R S 77 Social Social entrepreneurs are transforming SIV: Social Entrepreneurship in Management & Organizations the business and societal landscape by Ghana MGMT-UB 1 4 units. Entrepreneurship applying business discipline and prin- BSPA-UB 2000 3 units. Open only to Stern students may not count this course ciples to confront some of the world's Stern students. toward the minor. Minor With the most intractable problems. Whether Full course description can be found Full course description can be found Wagner Graduate they’re ensuring clean water, address- in the Sustainable Business section in the Department of Management & ing illiteracy, preventing human (page 64). Organizations section (page 50). School of rights abuses, bringing economic development initiatives to poor com- The Startup Lab Managing People & Teams Public Service munities, or providing access to MULT-UB 301 3 units. MGMT-UB 7 3 units. healthcare, social entrepreneurs are at Full course description can be found Full course description can be found the forefront offering sustainable, in the Multidisciplinary Courses sec- in the Department of Management & business-based solutions to meet these tion (page X69). Organizations section (page 50). and other critical challenges. Students take a carefully chosen Social Entrepreneurship Incubator Managing Change selection of Wagner and Stern course & Practicum MGMT-UB 25 3 units. options that explore the concept of UPADM-GP 267 4 units. Full course description can be found students as “changemakers”. in the Department of Management & Note: If the introductory course is taken at Organizations section (page 50). Stern (-UB), the practicum course must be SOCIAL ENTREPRENEURSHIP taken at Wagner (-GP), and vice versa. MINOR REQUIREMENTS Patterns of Entrepreneurship (14 UNITS MINIMUM) All students must choose at least two MGMT-UB 85 3 units. courses from the following list of Stern and Full course description can be found All students must complete a mini- Wagner electives (one from each school): in the Department of Management & mum of 14 units to satisfy the inter- Organizations section (page 50). school minor requirements and must Economic Inequality: Perspectives take at least 6 units in each school. The & Practices Entrepreneurship & Law in inter-school minimum minor require- BSPA-UB 43 3 units. Practice ments include: an introductory course, Full course description can be found MULT-UB 86 2 units. a practicum course, and at least two in the Sustainable Business section Full course description can be found additional courses (one from each (page 64). in the Multidisciplinary Courses sec- school). Stern undergraduate students tion (page 69). cannot double-count required Business Sustainable Business & the New Core or concentration courses toward Economy The Politics of Public Policy this minor. BSPA-UB 44 3 units. UPADM-GP 101 4 units. Full course description can be found See the NYU Wagner website at in the Sustainable Business section Introduction to Social Impact wagner.nyu.edu/undergrad/minors/ (page 64). UPADM-GP 102 4 units. entrepreneur for detailed course descriptions and prerequisites for Sustainability Impact Consulting Sustainable Urban Development UPADM-GP courses. in Costa Rica UPADM-GP 217 4 units. BSPA-UB 45 3 units. Open only to All students must choose at least one Stern students. Introductory Core Course from the fol- Philanthropy & Social Change Full course description can be found UPADM-GP 224 4 units. lowing list as a core requirement: in the Sustainable Business section Social Entrepreneurship (page 64). The Business of Nonproft BSPA-UB 41 3 units. Management Full course description can be found Sustainability for Competitive UPADM-GP 242 4 units. in the Sustainable Business section Advantage (page 64). BSPA-UB 68 3 units. Social Entrepreneurship Incubator Full course description can be found & Practicum Fundamentals of Social in the Sustainable Business section UPADM-GP 267 4 units. Entrepreneurship (page 64). If not taken as a practical requirement. UPADM-GP 265 4 units. Experiential Learning Seminar: How to Change the World: All students must choose at least one Social Impact Consulting Advocacy Movements and Social Practical Course from the following list BSPA-UB 103 3 units. Innovation as a core requirement: If not taken as a practical requirement. UPADM-GP 269 4 units. Full course description can be found Social Innovation Practicum in the Sustainable Business section BSPA-UB 70 3 units. (page 64). Full course description can be found in the Sustainable Business section SIV: Social Entrepreneurship in (page 64). Ghana BSPA-UB 2000 3 units. Open only to Experiential Learning Seminar: Stern students. Social Impact Consulting If not taken as a practical requirement. BSPA-UB 103 3 units. Full course description can be found Full course description can be found in the Sustainable Business section in the Sustainable Business section (page 64). (page 64).

C R O S S - S C H O O L M I N O R S 78 Tracks

Tracks were and supplemental to students' Each track has a Track developed by a business majors and concen- Champion dedicated to devel- committee of tration(s). Completion of a oping and monitoring the T Stern faculty to track is not noted on a stu- track curriculum, advising provide students with a dent's transcript. students, and facilitating their roadmap of coursework to A track consists of a set of professional development.

help them develop both intel- approximately eight courses Note: Students must fulfll all required lectually and professionally in and includes a progression of prerequisites for any course listed in their areas of interest that cross tra- three types of courses: chosen track. Any requests to take gradu- ate-level courses must be processed through ditional disciplines. • Prerequisite courses, the Stern Undergraduate Advising Offce. Tracks are designed to be • Essential courses, and Please consult an academic adviser for fur- ther information. multidisciplinary, in-depth, • Advanced electives.

Asset Pricing The Asset Pricing track provides rig- Microeconomics ESSENTIAL COURSES orous training in (1) the pricing/valu- ECON-UB 1 Foundations of Finance Track ation of financial instruments FINC-UB 2 including corporate, fixed income, Statistics for Business Control and derivative securities; (2) invest- STAT-UB 1 Corporate Finance ment strategies including per¬for- FINC-UB 7 mance evaluation and portfolio and theory; and (3) the workings of capi- The Financial System tal markets including the vari¬ous Regression & Forecasting Models MULT-UB 27 participants in these markets, their STAT-UB 3 roles, and the regulatory environ- Statistical Inference & Regression ment. Elective courses can be chosen or Analysis to emphasize macroeconomic founda- STAT-UB 15 tions, empirical methods, or quanti- Statistics for Business Control and tative finance. With an appropriate Regression & Forecasting Models or choice of elective courses, this track STAT-UB 103 provides in-depth preparation for Introduction to Econometrics careers in asset management, sales Introduction to Probability ECON-UA 266 and trading, fixed income and equity Theory research, credit analysis, private STAT-UB 14 equity, private wealth management, ADVANCED ELECTIVES insurance, global finance (e.g., IMF, Four courses from the following list World Bank), central bank¬ing, reg- Calculus II (or equivalent) including at least two Investments ulation (e.g., SEC), economic consult- MATH-UA 122 electives*: ing and policy, as well as graduate school in finance or economics. and Any Finance elective For course listings, see the Department of PREREQUISITES Linear Algebra Finance section (page 42). MATH-UA 140 Students are required to take the fol- lowing prerequisite courses before pursuing the Asset Pricing track:

Principles of Financial Accounting * Investments Electives are FINC-UB 15, ACCT-UB 1 FINC-UB 23, FINC-UB 26, FINC-UB 29, FINC-UB 30, FINC-UB 35, FINC-UB 38, FINC-UB 41, FINC-UB 43, FINC-UB 49, FINC-UB 61, FINC-UB 66, FINC-UB 81, FINC-UB 86, and MULT-UB 80.

T R A C K S 79 Financial Modeling & Analysis Forecasting Time Series Data Introduction to Computer ACCT-UB 23 STAT-UB 18 Programming CSCI-UA 2 Global Macroeconomic Issues Introduction to Stochastic ECON-UB 230 Processes or STAT-UB 21 Macroeconomics Foundations for Introduction to Computer Science Asset Prices Introduction to Programming & CSCI-UA 101 ECON-UB 233 Data Science TECH-UB 23 or Advanced Topics in Modern Macroeconomics Data Mining for Business Data Structures ECON-UB 234 Analytics CSCI-UA 102 TECH-UB 57 Econometrics I or ECON-GB 3351 (Instructor permission Analysis I required.) MATH-UA 325 Numerical Analysis MATH-UA 252 Decision Models & Analytics Stochastic Calculus MULT-UB 7 MATH-GA 2902 or

Decision-Making Under Numerical Methods I Uncertainty MATH-GA 2010 MULT-UB 16

Courses PREREQUISITES Calculus II The Financial System MATH-UA 122 4 units. MULT-UB 27 3 units. Principles of Financial Accounting Prerequisite: MATH-UA 121. Full course description can be found ACCT-UB 1 4 units. Calculus II is a second semester calcu- in the Multidisciplinary Courses sec- Full course description can be found lus course for students who have pre- tion (page 69). in the Department of Accounting sec- viously been introduced to the basic tion (page 29). ideas of differential and integral cal- Statistical Inference & Regression culus. Over the semester, students Analysis Microeconomics study three topics that form a central STAT-UB 15 3 units. ECON-UB 1 4 units. part of the language of modern sci- Full course description can be found Full course description can be found ence: applications and methods of in the Department of Statistics sec- in the Department of Economics sec- integration, infinite series and the tion (page 61). tion (page 36). representation of functions by power series, and parametric curves in the Introduction to Econometrics Statistics for Business Control plane. Students not only develop their ECON-UA 266 4 units. STAT-UB 1 4 units. computational ability in this course, Prerequisites: MATH-UA 212 or equiv- Full course description can be found but also learn how the material of this alent and STAT-UB 103 or STAT-UB 1 in the Department of Statistics sec- course is applicable in natural scien- and STAT-UB 3. tion (page 61). tific contexts. This course covers application of sta- tistics and economic theory to prob- Regression & Forecasting Models Linear Algebra lems of formulating and estimating STAT-UB 3 2 units. MATH-UA 140 4 units. models of economic behavior. Matrix Full course description can be found Full course description can be found algebra is developed as the main tool in the Department of Statistics sec- on page 73. of analysis in regression. Students tion (page 61). become acquainted with basic estima- ESSENTIAL COURSES tion theory and techniques in the regression framework and cover Introduction to Probability Foundations of Finance Theory extensions such as specification error FINC-UB 2 4 units. Fall, spring, and tests, heteroskedasticity, errors in STAT-UB 14 3 units. summer. Full course description can be found variables, and simple time series Full course description can be found models. An introduction to simulta- in the Department of Statistics sec- in the Department of Finance section tion (page 61). neous equation modes and the con- (page 42). cept of identification is provided. Statistics for Business Control and Corporate Finance Regression & Forecasting Models FINC-UB 7 3 units. Fall, spring, and ADVANCED ELECTIVES STAT-UB 103 6 units. summer. Financial Modeling & Analysis Full course description can be found Full course description can be found ACCT-UB 23 3 units. in the Department of Statistics sec- in the Department of Finance section Full course description can be found tion (page 61). (page 42). in the Department of Accounting sec- tion (page 29).

T R A C K S 80 Global Macroeconomic Issues Forecasting Time Series Data Introduction to Computer ECON-UB 230 3 units. STAT-UB 18 3 units. Programming Full course description can be found Full course description can be found CSCI-UA 2 4 units. in the Department of Economics sec- in the Department of Statistics sec- Prerequisite: Three years of high school tion (page 36). tion (page 61). mathematics or equivalent. No prior com- puting experience is assumed. Macroeconomics Foundations for Introduction to Stochastic This course serves as an introduction Asset Prices Processes to the fundamentals of computer pro- ECON-UB 233 3 units. STAT-UB 21 3 units. gramming which is the foundation of Full course description can be found Full course description can be found computer science. Students design, in the Department of Economics sec- in the Department of Statistics sec- write, and debug computer programs. tion (page 36). tion (page 61). Introduction to Computer Science Advanced Topics in Modern Introduction to Programming & CSCI-UA 101 4 units. Fall and Macroeconomics Data Science spring. ECON-UB 234 3 units. TECH-UB 23 3 units. Prerequisite: CSCI-UA 2. Full course description can be found Full course description can be found In this course, students learn how to in the Department of Economics sec- in the Department of Computing & design algorithms to solve problems tion (page 36). Data Science section (page 33). and how to translate these algorithms into working computer programs. Econometrics I Data Mining for Business Experience is acquired through pro- ECON-GB 3351 3 units. Analytics gramming projects in a high-level Prerequisite: Permission of instructor. TECH-UB 57 3 units. programming language. This course focuses on the theory of Full course description can be found estimation and inference in econo- in the Department of Computing & Data Structures metrics. It covers finite sample results Data Science section (page 33). CSCI-UA 102 4 units. Fall and for the classical linear model as well spring. as asymptotic results for single equa- Analysis I Prerequisites: CSCI-UA 2 and tion models. Topics include linear MATH-UA 325 4 units. CSCI-UA 101. and nonlinear least squares, general- Full course description can be found This course covers the use and design ized least squares, panel data, instru- on page 71. of data structures, which organize mental variable techniques, and information in computer memory. generalized method of moment esti- Stochastic Calculus Students learn stacks, queues, linked mation. Heavy emphasis is placed on MATH-GA 2902 4 units. lists, and binary trees, how to imple- empirical application. Prerequisite: ECON-UA 20. ment them in a high-level language, This is a course on the mathematical how to analyze their effect on algo- Decision Models & Analytics analysis of stochastic processes. It uses rithm efficiency, and how to modify MULT-UB 7 3 units. some modern measure theoretic ter- them. Full course description can be found minology, but is not mathematically in the Multidisciplinary Courses sec- rigorous. The course begins with dis- Numerical Analysis tion (page 69). crete probability and Markov Chains MATH-UA 252 4 units. and then moves on to continuous time Full course description can be found Decision-Making Under Brownian motion and diffusion on page 74. Uncertainty processes. The bulk of the class is MULT-UB 16 3 units. devoted to stochastic integration, the Numerical Methods I Full course description can be found Ito calculus, and the relation between MATH-GA 2010 3 units. in the Multidisciplinary Courses sec- partial differential equations and dif- Full course description can be found tion (page 69). fusion processes. This course also dis- on page 74. cusses the derivation of diffusion models and approximations.

Business The Business Analytics track is neurship, financial services, marketing, Regression & Forecasting Models designed to expose students to the risk management, sales, social media, STAT-UB 3 Analytics Track skills, methods, and practices that are and technology), as well as graduate useful for data-driven decision-making. school in the social sciences. or This multidisciplinary field has strong roots in computer science, information PREREQUISITES Statistics for Business Control and science, mathematics, operations, and Regression & Forecasting Models statistics. Topic areas include data Students are required to take the fol- STAT-UB 103 organization and management, com- lowing prerequisite courses before pursuing the Business Analytics puter programming, data mining and ESSENTIAL COURSES machine learning, optimization, and track: statistical methods used to both inves- Regression & Multivariate Data tigate past business performance and Calculus I or higher Analysis predictively model future performance. MATH-UA 121 STAT-UB 17 This track provides preparation for careers in a wide range of fields at com- Statistics for Business Control Introduction to Programming & panies that are committed to the use of STAT-UB 1 Data Science data to gain insights about their busi- TECH-UB 23 ness (including consulting, entrepre- and

T R A C K S 81 Data Mining for Business Mathematics Computing & Data Science Analytics Discrete Mathematics Data Analytics in Digital TECH-UB 57 MATH-UA 120 Marketing TECH-UB 38 ADVANCED ELECTIVES Calculus II Four courses from the following list MATH-UA 122 Operations Management including at least two of the four cat- Decision Models & Analytics egories indicated: Linear Algebra MULT-UB 7 MATH-UA 140 Statistics Forecasting Time Series Data STAT-UB 18

Courses PREREQUISITES Introduction to Programming & Linear Algebra Calculus I Data Science MATH-UA 140 4 units. MATH-UA 121 4 units. TECH-UB 23 Full course description can be found Full course description can be found Full course description can be found on page 73. on page 14. in the Department of Computing & Data Science section (page 33). Decision Models & Analytics Statistics for Business Control MULT-UB 7 3 units. STAT-UB 1 4 units. Data Mining for Business Full course description can be found Full course description can be found Analytics in the Multidisciplinary Courses sec- in the Department of Statistics sec- TECH-UB 57 3 units. tion (page 69). tion (page 61). Full course description can be found in the Department of Computing & Forecasting Time Series Data Regression & Forecasting Models Data Science section (page 33). STAT-UB 18 3 units. STAT-UB 3 2 units. Full course description can be found Full course description can be found ADVANCED ELECTIVES in the Department of Statistics sec- tion (page 61). in the Department of Statistics sec- Discrete Mathematics tion (page 61). MATH-UA 120 4 units. Data Analytics in Digital Prerequisite: A grade of C or better in Marketing Statistics for Business Control and MATH-UA 121 or the equivalent. Regression & Forecasting Models TECH-UB 38 3 units. This course serves as the first in dis- Full course description can be found STAT-UB 103 6 units. crete mathematics. It covers sets, Full course description can be found in the Department of Computing & algorithms, induction combinatorics, Data Science section (page 33). in the Department of Statistics sec- graphs and trees, combinatorial cir- tion (page 61). cuits, and logic and Boolean algebra. Although it is not formally part of the Business Analytics track, students in this ESSENTIAL COURSES Calculus II track may beneft from also taking courses Regression & Multivariate Data MATH-UA 122 4 units. listed in the Digital Marketing track (see Analysis Full course description can be found page 84) such as Networks, Crowds, & STAT-UB 17 3 units. on page 80. Markets (TECH-UB 60). Full course description can be found in the Department of Statistics sec- tion (page 61).

Corporate Finance The Corporate Finance track provides Bank), central banking, and regula- and rigorous training in (1) corporate tion (e.g., SEC), economic consulting Track financial decision-making including and policy as well as graduate school Regression & Forecasting Models value creation, corporate governance, in finance, economics, or accounting. STAT-UB 3 and agency issues; and (2) the mar- kets for corporate claims and corpo- PREREQUISITES or rate control including the role of financial intermediaries. Elective Students are required to take the fol- Statistics for Business Control and courses can be chosen to emphasize lowing prerequisite courses before Regression & Forecasting Models financial management and reporting, pursuing the Corporate Finance track: STAT-UB 103 entrepreneurship, banking, or inter- Principles of Financial Accounting national issues. With an appropriate ESSENTIAL COURSES choice of elective courses, this track ACCT-UB 1 provides in-depth preparation for Financial Statement Analysis careers in investment banking, pri- Microeconomics ACCT-UB 3 vate equity, venture capital, equity ECON-UB 1 research, credit analysis, corporate Foundations of Finance treasury, financial consulting, corpo- Statistics for Business Control FINC-UB 2 rate accounting and audit, tax and STAT-UB 1 law, global finance (e.g., IMF, World

T R A C K S 82 Corporate Finance Advanced Topics in Modern or FINC-UB 7 Macroeconomics ECON-UB 234 Regression & Multivariate Data The Financial System Analysis MULT-UB 27 Econometrics I STAT-UB 17 ECON-GB 3351 ADVANCED ELECTIVES (Instructor permission required.) or Four courses from the following list, Strategic Analysis Introduction to Econometrics including at least two Corporate MGMT-UB 18 ECON-UA 266 Finance electives*: Managing Family Businesses & Introduction to Computer Any Finance elective Privately Held Firms Programming For course listings, see the Department of MGMT-UB 28 CSCI-UA 2 Finance section (page 42). Decision Models & Analytics or Managerial Accounting MULT-UB 7 ACCT-UB 4 Introduction to Computer Science Decision-Making Under CSCI-UA 101 Financial Reporting & Disclosure Uncertainty ACCT-UB 21 MULT-UB 16 or

Financial Modeling & Analysis Game Theory Data Structures ACCT-UB 23 MULT-UB 20 CSCI-UA 102

Financial Statement Modeling Introduction to Programming & or ACCT-GB 6300 Data Science TECH-UB 23 Numerical Analysis Financial Reporting & Analysis MATH-UA 252 ACCT-GB 6302 Data Mining for Business Analytics or Asian Economies TECH-UB 57 ECON-UB 222 Numerical Methods I Analysis I MATH-GA 2010 Global Macroeconomic Issues MATH-UA 325 ECON-UB 230 Statistical Inference & Regression Analysis STAT-UB 15

Courses PREREQUISITES in the Department of Statistics sec- ADVANCED ELECTIVES tion (page 61). Managerial Accounting Principles of Financial Accounting ACCT-UB 4 4 units. Fall and spring. ACCT-UB 1 4 units. ESSENTIAL COURSES Full course description can be found Full course description can be found Financial Statement Analysis in the Department of Accounting sec- in the Department of Accounting sec- ACCT-UB 3 3 units. Fall and spring. tion (page 29). tion (page 29). Full course description can be found in the Department of Accounting sec- Financial Reporting & Disclosure Microeconomics tion (page 29). ACCT-UB 21 3 units. ECON-UB 1 4 units. Full course description can be found Full course description can be found Foundations of Finance in the Department of Accounting sec- in the Department of Economics sec- FINC-UB 2 4 units. Fall, spring, and tion (page 29). tion (page 36). summer. Full course description can be found Financial Modeling & Analysis Statistics for Business Control in the Department of Finance section ACCT-UB 23 3 units. STAT-UB 1 4 units. (page 42). Full course description can be found Full course description can be found in the Department of Accounting sec- in the Department of Statistics sec- Corporate Finance tion (page 29). tion (page 61). FINC-UB 7 3 units. Fall, spring, and summer. Regression & Forecasting Models Full course description can be found STAT-UB 3 2 units. in the Department of Finance section Full course description can be found (page 42). in the Department of Statistics sec- tion (page 61). * Corporate Finance electives are The Financial System FINC-UB 8, FINC-UB 22, MULT-UB 27 3 units. FINC-UB 29, FINC-UB 30, Statistics for Business Control and Full course description can be found FINC-UB 39, FINC-UB 45, Regression & Forecasting Models in the Multidisciplinary Courses sec- FINC-UB 50, FINC-UB 61, STAT-UB 103 6 units. tion (page 69). FINC-UB 62, FINC-UB 68, and Full course description can be found MULT-UB 80.

T R A C K S 83 Financial Statement Modeling in the Department of Management & Data Mining for Business ACCT-GB 6300 Organizations section (page 50). Analytics Full course description can be found TECH-UB 57 3 units. in the Department of Accounting sec- Decision Models &Analytics Full course description can be found tion (page 29). MULT-UB 7 3 units. in the Department of Computing & Full course description can be found Data Science section (page 33). Financial Reporting & Analysis in the Multidisciplinary Courses sec- ACCT-GB 6302 tion (page 69). Introduction to Econometrics Full course description can be found ECON-UA 266 4 units. in the Department of Accounting sec- Decision-Making Under Full course description can be found tion (page 29). Uncertainty on page 80. MULT-UB 16 3 units. Asian Economies Full course description can be found Introduction to Computer ECON-UB 222 3 units. in the Multidisciplinary Courses sec- Programming Full course description can be found tion (page 69). CSCI-UA 2 4 units. in the Department of Economics sec- Full course description can be found tion (page 36). Game Theory on page 81. MULT-UB 20 3 units. Global Macroeconomic Issues Full course description can be found Introduction to Computer Science ECON-UB 230 3 units. in the Multidisciplinary Courses sec- CSCI-UA 101 4 units. Fall and Full course description can be found tion (page 69). spring. in the Department of Economics sec- Full course description can be found tion (page 36). Analysis I on page 81. MATH-UA 325 4 units. Advanced Topics in Modern Full course description can be found Data Structures Macroeconomics on page 74. CSCI-UA 102 4 units. Fall and ECON-UB 234 3 units. spring. Full course description can be found Statistical Inference & Regression Full course description can be found in the Department of Economics sec- Analysis on page 81. tion (page 36). STAT-UB 15 3 units. Full course description can be found Numerical Analysis Econometrics I in the Department of Statistics sec- MATH-UA 252 4 units. ECON-GB 3351 3 units. tion (page 61). Full course description can be found Full course description can be found on page 74. on page 81. Regression & Multivariate Data Analysis Numerical Methods I Strategic Analysis STAT-UB 17 3 units. MATH-GA 2010 3 units. MGMT-UB 18 3 units. Full course description can be found Full course description can be found Full course description can be found in the Department of Statistics sec- on page 74. in the Department of Management & tion (page 61). Organizations section (page 50). Introduction to Programming & Managing Family Businesses & Data Science Privately Held Firms TECH-UB 23 3 units. MGMT-UB 28 4 units. Full course description can be found Corequisite: MGMT-UB 1. in the Department of Computing & Full course description can be found Data Science section (page 33).

Digital Marketing The Internet and advances in digiti- these new digital tools (e.g., Google, and zation are transforming how compa- Facebook), consulting firms and Track nies and governments interact with advertising agencies, and traditional Regression & Forecasting Models customers and partners. Virtually companies that are routinely using STAT-UB 3 every company in every industry is these tools to aid in making everyday committed to establishing a “digital decisions. or presence” that enables it to interact with customers and suppliers in new PREREQUISITES Statistics for Business Control and ways. As a result, today’s marketing Regression & Forecasting Models managers need a deep understanding Students are required to take the fol- STAT-UB 103 of how digital tools can be used to lowing prerequisite courses before pursuing the Digital Marketing develop insights about customers and ESSENTIAL COURSES competitors and make key decisions track: about price, communications, chan- Introduction to Marketing nels, and products. This specializa- Principles of Financial Accounting MKTG-UB 1 tion provides students with the ACCT-UB 1 strategic and analytical skills to Information Technology in obtain positions in organizations that Microeconomics Business & Society use digital marketing tools and add ECON-UB 1 TECH-UB 1 value to those organizations. The companies include the “suppliers” of Statistics for Business Control STAT-UB 1

T R A C K S 84 Data Analytics in Digital ADVANCED ELECTIVES Digital Marketing Marketing Three courses from the following list: MKTG-UB 57 TECH-UB 38 Data-Driven Decision-Making Decision Models & Analytics Networks, Crowds, & Markets MKTG-UB 54 MULT-UB 7 TECH-UB 60 Brand Strategy & Planning Data Mining for Business MKTG-UB 55 Analytics TECH-UB 57 Digital Business Strategy MKTG-UB 56

Courses PREREQUISITES Information Technology in Digital Marketing Business & Society MKTG-UB 57 3 units Principles of Financial Accounting TECH-UB 1 4 units. Full course description can be found ACCT-UB 1 4 units. Full course description can be found in the Department of Marketing sec- Full course description can be found in the Department of Computing & tion (page 53). in the Department of Accounting sec- Data Science section (page 33). tion (page 29). Decision Models & Analytics Data Analytics in Digital MULT-UB 7 3 units. Microeconomics Marketing Full course description can be found ECON-UB 1 4 units. TECH-UB 38 3 units. in the Multidisciplinary Courses sec- Full course description can be found Full course description can be found tion (page 69). in the Department of Economics sec- in the Department of Computing & tion (page 36). Data Science section (page 33). Data Mining for Business Analytics Statistics for Business Control Networks, Crowds, & Markets TECH-UB 57 3 units. STAT-UB 1 4 units. TECH-UB 60 3 units. Full course description can be found Full course description can be found Full course description can be found in the Department of Computing & in the Department of Statistics sec- in the Department of Computing & Data Science section (page 33). tion (page 61). Data Science section (page 33). Note: Students must fulfll all Regression & Forecasting Models ADVANCED ELECTIVES required prerequisites for any course listed. STAT-UB 3 2 units. Data-Driven Decision-Making Full course description can be found Requests to take graduate-level courses MKTG-UB 54 3 units. must be processed through the Stern in the Department of Statistics sec- Full course description can be found tion (page 61). Undergraduate Advising Offce. Please in the Department of Marketing sec- consult an academic adviser for further tion (page 53). Statistics for Business Control and information. Regression & Forecasting Models Brand Strategy & Planning STAT-UB 103 6 units. MKTG-UB 55 3 units. Full course description can be found Full course description can be found in the Department of Statistics sec- in the Department of Marketing sec- tion (page 61). tion (page 53).

ESSENTIAL COURSES Digital Business Strategy Introduction to Marketing MKTG-UB 56 2 units. MKTG-UB 1 4 units. Full course description can be found Full course description can be found in the Department of Marketing sec- in the Department of Marketing sec- tion (page 53). tion (page 53).

Entrepreneurship The Entrepreneurship track is strategies that leverage all of these Principles of Financial Accounting designed to help students meet the areas in a logical, coherent way. As a ACCT-UB 1 Track unique challenges of launching and result, students gain the tools and growing a new venture. Successful insights needed to increase their Microeconomics entrepreneurs must be skilled in chances of startup success. ECON-UB 1 many disciplines including innova- tion, creativity, management, opera- PREREQUISITES Statistics for Business Control tions, marketing, and finance. While STAT-UB 1 these areas are critical to all busi- Students are required to take the fol- nesses and organizations, startups lowing prerequisite courses before and must also contend with limited pursuing the Entrepreneurship track: resources and greater risk than large Regression & Forecasting Models corporations. Collectively, these offer- STAT-UB 3 ings emphasize business planning

T R A C K S 85 or Applications in Entrepreneurial Fashion Industry: Creativity & Finance: FinTech Business Statistics for Business Control and FINC-UB 62 MULT-UB 104 Regression & Forecasting Models STAT-UB 103 Managing People & Teams at The Stern Undergraduate College Offce of Work Academic Advising may choose to allow a ESSENTIAL COURSES MGMT-UB 7 student who petitions to count an MBA course from the list below toward the track. Patterns of Entrepreneurship Social Media Strategy Contact the Offce of Academic Advising MGMT-UB 85 MKTG-UB 45 for further information.

The Startup Lab Brand Strategy & Planning Social Venture Capital MULT-UB 301 MKTG-UB 55 FINC-GB 3148

ADVANCED ELECTIVES Designing & Developing New Venture Capital Financing Three courses from the following list: Products FINC-GB 3173 MKTG-UB 60 Managerial Accounting New Venture Financing ACCT-UB 4 Entrepreneurship 2.0 FINC-GB 3373 MULT-UB 39 Social Entrepreneurship Managing the Growing Company BSPA-UB 41 Entrepreneurship & Law in MGMT-GB 2327 Practice Topics in Entrepreneurial Finance MULT-UB 86 Marketing for Entrepreneurs FINC-UB 61 MKTG-GB 2172

Courses PREREQUISITES in the Multidisciplinary Courses sec- Brand Strategy & Planning Principles of Financial Accounting tion (page 69). MKTG-UB 55 3 units. ACCT-UB 1 4 units. Full course description can be found Full course description can be found ADVANCED ELECTIVES in the Department of Marketing sec- tion (page 53). in the Department of Accounting sec- Managerial Accounting tion (page 29). ACCT-UB 4 4 units. Fall and spring. Designing & Developing New Full course description can be found Microeconomics Products in the Department of Accounting sec- MKTG-UB 60 3 units. ECON-UB 1 4 units. tion (page 29). Full course description can be found Full course description can be found in the Department of Economics sec- in the Department of Marketing sec- Social Entrepreneurship tion (page 53). tion (page 36). BSPA-UB 41 3 units. Full course description can be found Statistics for Business Control Entrepreneurship 2.0 in the Sustainable Business section MULT-UB 39 2 units. STAT-UB 1 4 units. (page 64). Full course description can be found Full course description can be found in the Department of Statistics sec- in the Multidisciplinary Courses sec- Topics in Entrepreneurial Finance tion (page 69). tion (page 36). FINC-UB 61 3 units. Full course description can be found Regression & Forecasting Models Entrepreneurship & Law in in the Department of Finance section Practice STAT-UB 3 2 units. (page 42). Full course description can be found MULT-UB 86 2 units. Full course description can be found in the Department of Statistics sec- Applications in Entrepreneurial tion (page 36). in the Multidisciplinary Courses sec- Finance: FinTech tion (page 69). FINC-UB 62 3 units. Statistics for Business Control and Full course description can be found Regression & Forecasting Models Fashion Industry: Creativity & in the Department of Finance section Business STAT-UB 103 6 units. (page 42). Full course description can be found MULT-UB 104 3 units. Full course description can be found in the Department of Statistics sec- Managing People & Teams at tion (page 36). in the Multidisciplinary Courses sec- Work tion (page 69). MGMT-UB 7 3 units. ESSENTIAL COURSES Full course description can be found Note: Students must fulfll all Patterns of Entrepreneurship in the Department of Management & required prerequisites for any MGMT-UB 85 3 units. Organizations section (page 50). course listed. Full course description can be found Requests to take graduate-level courses in the Department of Management & Social Media Strategy must be processed through the Stern Organizations section (page 50). MKTG-UB 45 2 units. Undergraduate Advising Offce. Please Full course description can be found consult an academic adviser for further The Startup Lab in the Department of Marketing sec- information. MULT-UB 301 3 units. tion (page 53). Full course description can be found

T R A C K S 86 Luxury The Luxury Marketing track allows Regression & Forecasting Models Supply Chain Management students to develop the perspective STAT-UB 3 OPMG-UB 6 Marketing Track and skills necessary to pursue careers in the luxury sector. This is an impor- or Fashion Industry: Creativity & tant part of the economy both in the Business U.S. and worldwide. Marketing lux- Statistics for Business Control and MULT-UB 104 ury products and services presents a Regression & Forecasting Models number of unique challenges includ- STAT-UB 103 The Dynamics of the Fashion ing the nature of the target market, Industry the importance of establishing a ESSENTIAL COURSES MULT-UB 151 strong relationship with customers, the critical role of brand image, and Introduction to Marketing Students may count one or more of the nature of the distribution system. MKTG-UB 1 the courses listed below as an advanced elective if they complete a Consumer Behavior PREREQUISITES project within the course pertaining MKTG-UB 2 to luxury brands or the luxury sector. Students are required to take the fol- lowing prerequisite courses before Research for Customer Insights Pricing pursuing the Luxury Marketing MKTG-UB 9 MKTG-UB 53 track: Luxury Marketing Brand Strategy & Planning Principles of Financial Accounting MKTG-UB 84 MKTG-UB 55 ACCT-UB 1 Retail Strategy (half semester) Designing & Developing New Microeconomics MKTG-UB 88 Products ECON-UB 1 MKTG-UB 60 Retail Merchandising & Statistics for Business Control Management (half semester) Full Stack Fashion STAT-UB 1 MKTG-UB 89 MKTG-UB 82 and ADVANCED ELECTIVES Four courses from the following list:

Data-Driven Decision-Making MKTG-UB 54

Courses PREREQUISITES ESSENTIAL COURSES Retail Merchandising and Principles of Financial Accounting Introduction to Marketing Management (half semester) ACCT-UB 1 4 units. MKTG-UB 1 4 units. MKTG-UB 89 2 units. Full course description can be found Full course description can be found Full course description can be found in the Department of Accounting in the Department of Marketing sec- in the Department of Marketing sec- section (page 29). tion (page 53). tion (page 53).

Microeconomics Consumer Behavior ADVANCED ELECTIVES ECON-UB 1 4 units. MKTG-UB 2 3 units. Data-Driven Decision-Making Full course description can be found Full course description can be found MKTG-UB 54 3 units. in the Department of Economics sec- in the Department of Marketing sec- Full course description can be found tion (page 36). tion (page 53). in the Department of Marketing sec- tion (page 53). Statistics for Business Control Research for Customer Insights STAT-UB 1 4 units. MKTG-UB 9 3 units. Supply Chain Management Full course description can be found Full course description can be found OPMG-UB 6 3 units. in the Department of Statistics sec- in the Department of Marketing sec- Full course description can be found tion (page 61). tion (page 53). in the Department of Operations Management section (page 59). Regression & Forecasting Models Luxury Marketing STAT-UB 3 2 units. MKTG-UB 84 3 units. Fashion Industry: Creativity & Full course description can be found Full course description can be found Business in the Department of Statistics sec- in the Department of Marketing sec- MULT-UB 104 3 units. tion (page 61). tion (page 53). Full course description can be found in the Multidisciplinary Courses sec- Statistics for Business Control and Retail Strategy (half semester) tion (page 69). Regression & Forecasting Models MKTG-UB 88 2 units. STAT-UB 103 6 units. Full course description can be found The Dynamics of the Fashion Full course description can be found in the Department of Marketing sec- Industry in the Department of Statistics sec- tion (page 53). MULT-UB 151 3 units. tion (page 61). Full course description can be found in the Multidisciplinary Courses sec- tion (page 69).

T R A C K S 87 Pricing Designing & Developing New Full Stack Fashion MKTG-UB 53 3 units. Products MKTG-UB 82 3 units. Full course description can be found MKTG-UB 60 3 units. Full course description can be found in the Department of Marketing sec- Full course description can be found in the Department of Marketing sec- tion (page 53). in the Department of Marketing sec- tion (page 53). tion (page 53). Brand Strategy & Planning MKTG-UB 55 3 units. Full course description can be found in the Department of Marketing sec- tion (page 53).

Management Stern’s approach to teaching consult- PREREQUISITES Data Mining for Business ing is to consider it an effective way Students are required to take the fol- Analytics Consulting Track of thinking about businesses and lowing prerequisite courses before TECH-UB 57 solving business problems which is pursuing the Management Note: Students may take more than one of valuable to any position inside and Consulting track: outside the consulting industry. these classes. Taking one of these classes Consultants identify and adapt “best meets Essentials requirements and any Principles of Financial Accounting additional courses taken from the list ful- practices” to firms that hire them, ACCT-UB 1 working on different projects across fll Advanced Elective requirements. varied industries, usually with access Courses are listed clustered by sub-track, Microeconomics but it is not necessary to focus on a specifc to top executives in those firms. ECON-UB 1 Consultants can be called on for their sub-track. strategic, operational, industry, and Statistics for Business Control financial expertise. This track is an STAT-UB 1 ADVANCED ELECTIVES excellent complement to a concentra- Four courses from the following list: tion in management as well as other and areas such as accounting, finance, data General: science, and marketing. Regression & Forecasting Models Managing People & Teams at Because consultants gain exposure to STAT-UB 3 many organizations across many Work MGMT-UB 7 industries, they are well positioned to or observe patterns and become aware of “best practices” tied to various mar- Managing Change Statistics for Business Control and MGMT-UB 25 ket positions and structures. Regression & Forecasting Models Consultants must also have an STAT-UB 103 understanding of the constraints of Case Analysis applying a “best practice” in a context MULT-UB 5 that has different features from the ESSENTIAL COURSES context in which the “best practice” Management & Organizations Operations Management was identified. Also, as a result of MGMT-UB 1 OPMG-UB 1 their vantage point, consultants are Strategy: sometimes able to perceive changes in Strategic Analysis industry or general market conditions MGMT-UB 18 Competitive Analysis slightly ahead of a leader inside an ECON-UB 15 organization in one industry. As they International Studies Program seek to identify the most critical fac- MULT-UB 11 Equity Valuation tors constraining organizational per- FINC-UB 41 formance, consultants triangulate One of the following data courses: among operational, market, financial, Mergers, Acquisitions, & organizational, and cultural issues. Data-Driven Decision-Making Restructuring Students who select this track MKTG-UB 54 FINC-UB 50 develop a number of core skills, including data analysis, problem solv- or International Business ing, and peer leadership as well as Management written, verbal, and visual communi- Decision Models & Analytics MGMT-UB 4 cations. With an appropriate choice of MULT-UB 7 elective courses, this track provides Business Drivers of Industries in-depth preparation for careers in or MULT-UB 56 management consulting, strategy consulting, economic consulting, Projects in Programming & Data Finance: healthcare consulting, and informa- Sciences Financial Statement Analysis tion technology consulting. TECH-UB 24 ACCT-UB 3

or Financial Modeling & Analysis ACCT-UB 23

T R A C K S 88 Risk Management in Financial Technology: Risk Management in IT Institutions Managing Innovation TECH-UB 51 FINC-UB 22 MGMT-UB 8

The Financial Services Industry Financial Information Systems FINC-UB 45 TECH-UB 50

Courses PREREQUISITES Projects in Programming & Data International Business Principles of Financial Accounting Sciences Management ACCT-UB 1 4 units. TECH-UB 24 3 units MGMT-UB 4 3 units. Full course description can be found Full course description can be found Full course description can be found in the Department of Accounting sec- in the Department of Computing & in the Department of Management & tion (page 29). Data Science section (page 33). Organizations section (page 50). Microeconomics Data Mining for Business Managing People & Teams at ECON-UB 1 4 units. Analytics Work Full course description can be found TECH-UB 57 3 units. MGMT-UB 7 3 units. in the Department of Economics sec- Full course description can be found Full course description can be found tion (page 36). in the Department of Computing & in the Department of Management & Data Science section (page 33). Organizations section (page 50). Statistics for Business Control STAT-UB 1 4 units. ADVANCED ELECTIVES Managing Innovation Full course description can be found MGMT-UB 8 3 units. Financial Statement Analysis Full course description can be found in the Department of Statistics sec- ACCT-UB 3 3 units. Fall and spring. tion (page 61). in the Department of Management & Full course description can be found Organizations section (page 50). Regression & Forecasting Models in the Department of Accounting sec- STAT-UB 3 2 units. tion (page 29). Managing Change Full course description can be found MGMT-UB 25 3 units. in the Department of Statistics sec- Financial Modeling & Analysis Full course description can be found tion (page 61). ACCT-UB 23 3 units in the Department of Management & Full course description can be found Organizations section (page 50). Statistics for Business Control and in the Department of Accounting sec- Regression & Forecasting Models tion (page 29). Case Analysis STAT-UB 103 6 units. MULT-UB 5 2 units. Full course description can be found Competitive Analysis Full course description can be found in the Department of Statistics sec- ECON-UB 15 3 units. in the Multidisciplinary Courses sec- tion (page 61). Full course description can be found tion (page 69). in the Department of Economics sec- tion (page 36). ESSENTIAL COURSES Business Drivers of Industries MULT-UB 56 3 units. Management & Organizations Risk Management in Financial Full course description can be found MGMT-UB 1 4 units. Institutions in the Multidisciplinary Courses sec- Full course description can be found FINC-UB 22 3 units tion (page 69). in the Department of Management & Full course description can be found Organizations section (page 50). in the Department of Finance section Tech Industry Drivers (page 42). Strategic Analysis MULT-UB 57 3 units. Full course description can be found MGMT-UB 18 3 units. Equity Valuation Full course description can be found in the Multidisciplinary Courses sec- FINC-UB 41 3 units. tion (page 69). in the Department of Management & Full course description can be found Organizations section (page 50). in the Department of Finance section Operations Management (page 42). Data-Driven Decision-Making OPMG-UB 1 4 units. Full course description can be found MKTG-UB 54 3 units. The Financial Services Industry Full course description can be found in the Department of Operations sec- FINC-UB 45 3 units tion (page 59). in the Department of Marketing sec- Full course description can be found tion (page 69). in the Department of Finance section Financial Information Systems (page 42). Decision Models & Analytics TECH-UB 50 3 units. Full course description can be found MULT-UB 7 4 units Mergers, Acquisitions, & Full course description can be found in the Department of Computing & Restructuring Data Science section (page 33). in the Multidisciplinary Courses sec- FINC-UB 50 2 units. tion (page 69). Full course description can be found Risk Management in IT in the Department of Finance section TECH-UB 51 3 units. International Studies Program (page 42). MULT-UB 11 4 units. Full course description can be found Full course description can be found in the Department of Computing & in the Multidisciplinary Courses sec- Data Science section (page 33). tion (page 69).

T R A C K S 89 Real Estate Track The Real Estate track provides rigor- Statistics for Business Control Macroeconomic Foundations for ous training in (1) the economics of STAT-UB 1 Asset Prices [REF} real estate development and invest- ECON-UB 233 ment, financing of such projects, leas- and ing, and appraisal of real estate Risk Management in Financial property; (2) the pricing/valuation Regression & Forecasting Models Institutions [REF] and trading of financial instruments STAT-UB 3 FINC-UB 22 with real estate as the underlying asset, Real Estate Investment Trusts or Emerging Markets Finance (REITS), residential and commercial [RED/REF] mortgage-backed securities (MBS and Statistics for Business Control and FINC-UB 23 CMBS), and related derivative and Regression & Forecasting Models structured finance products such as STAT-UB 103 Debt Instruments [REF] collateralized debt obligations FINC-UB 26 (CDOs), credit default swaps (CDS), ESSENTIAL COURSES and index products (CDX, ABX, Behavioral Finance [RED/REF] etc.); (3) the workings of real estate Corporate Finance FINC-UB 29 primary and secondary markets FINC-UB 7 including the various participants in Equity Valuation [REF] these markets, their roles; and (4) the Real Estate Capital Markets FINC-UB 41 legal, taxation, and regulatory envi- FINC-UB 38 ronment. Elective courses can be cho- Mergers, Acquisitions, & sen to emphasize the commercial real Real Estate Primary Markets Restructuring [RED] estate development process (RED FINC-UB 39 FINC-UB 50 focus) or the investment strategies in real estate capital markets (REF Real Estate Transactions Topics in Entrepreneurial Finance focus). With an appropriate choice of MULT-UB 51 [RED] elective courses, this track provides FINC-UB 61 in-depth preparation for careers in Real Estate Development & real estate development, real estate Entrepreneurship Strategic Analysis [RED] brokerage, real estate project invest- OPMG-UB 60 MGMT-UB 18 ment for private equity firms, family offices, sovereign wealth funds, and ADVANCED ELECTIVES Negotiation & Consensus Building careers in real estate finance in the The courses denoted by [REF] are [RED/REF] fixed income or equity desks of more interesting for students leaning MGMT-UB 30 investment banks (research, sales, and toward a real estate finance specializa- trading), hedge funds, and sovereign tion, whereas the courses denoted by Applicable courses in the College of wealth funds. [RED] are more interesting for stu- Arts & Science Departments of Art dents who want to focus on the devel- History, Urban Design, & PREREQUISITES opment, direct investment, or Architecture Studies. management of property. Students are required to take the fol- Applicable Urban Planning courses lowing prerequisite courses before The following course is required: in the Wagner Graduate School of pursuing the Real Estate track: Public Service subject to approval of Real Estate Investment Strategies instructor and Real Estate track Principles of Financial Accounting adviser. ACCT-UB 1 [REF] FINC-UB 35 Microeconomics ECON-UB 1 The remaining electives may be selected from this list: Foundations of Finance FINC-UB 2 Financial Statement Analysis [RED/REF] Law, Business, & Society ACCT-UB 3 SOIM-UB 6 Urban Economics [RED] ECON-UA 227

T R A C K S 90 Faculty of the Leonard N. Stern School of Business Faculty appointments and general information change frequently. Visit stern.nyu.edu/experience-stern/faculty-research for the most updated faculty listings.

Accounting Alexander Aleszczyk Yiwei Dou Xiaojing Meng Assistant Professor of Accounting Assistant Professor of Accounting Assistant Professor of Accounting BA 2013, Exeter; MPhil 2014 B.A. 2005, Peking (China); M.A. 2006, B.A. 2001, Central University of Finance Cambridge; Ph.D. 2019, London York; Ph.D. 2012, Toronto and Economics; M.A. 2003, Beijing University; Ph.D. 2012, Columbia Eli Bartov Dhananjay Gode Professor of Accounting Clinical Professor of Accounting Joshua Ronen B.A. 1977, Tel Aviv; Ph.D. 1989, B.S. 1986, Banaras Hindu; M.B.A. 1988, Professor of Accounting California (Berkeley) Indian Institute of Management; M.S. B.A. 1959, M.S. 1963, Hebrew; Ph.D. 1990, 1992, Ph.D. 1994, Carnegie Mellon 1969, Stanford; CPA John S. Bildersee Professor of Accounting Ilan Guttman Stephen G. Ryan B.A. 1966, Princeton; M.B.A., Ph.D. Associate Professor of Accounting Professor of Accounting; Peat 1971, Chicago B.A. 1995, B.Sc. 1996, M.A. 1998, Marwick Faculty Fellow Ph.D. 2004, Hebrew B.A. 1981, Dartmouth College; Ph.D. Mary Billings 1988, Stanford Assistant Professor of Accounting April Klein B.S.1998, Indiana; M.B.A., 2006, Professor of Accounting Amal Shehata Indiana; Ph.D. 2007, Indiana B.A. 1977, Pennsylvania; M.B.A. 1979, Clinical Associate Professor of Ph.D. 1983, Chicago Accounting Christine Cuny B.S. 1995, M.S. 1995, North Carolina Assistant Professor of Accounting Baruch I. Lev (Chapel Hill) B.S. 2003, M.S. 2003, Wake Forest; Philip Bardes Professor of M.B.A. 2012, Ph.D. 2013, Chicago Accounting & Finance Michael Tang B.A. 1962, Hebrew; M.B.A. 1967, Ph.D. Assistant Professor of Accounting Alex Dontoh 1968, Chicago B.A. 2007, Fudan (China); M.S. 2010, Associate Professor of Accounting Ph.D. 2012, Rochester B.Sc. 1973, Ghana; M.B.A. 1976, Ajay Maindiratta California (Berkeley); M.Phil. 1982, Associate Professor of Accounting Paul Zarowin Ph.D. 1984, New York B.Tech. 1975, Indian Institute of Professor of Accounting Technology; Ph.D. 1984, Carnegie Mellon B.A. 1977, Pennsylvania; M.B.A. 1981, Ph.D. 1985, Chicago

Business & Ashish Bhatia April Gu Maria Patterson Clinical Assistant Professor of Visiting Assistant Professor of Clinical Associate Professor of Society Program Business & Society Business & Society Business B.S., 2002, NYU; M.A.L.D., 2006, B.S., 2006, NYU; J.D., 2010, NYU B.A., 1979, Davidson College; J.D., Faculty Tufts; Ed.D, 2019, University of 1982, Columbia Pennsylvania Jonathan Haidt Thomas Cooley Professor of Ethical Michael Pollack Karen Brenner Leadership Clinical Assistant Professor of Clinical Professor of Business B.A., 1985, Yale; Ph.D., 1992, Business & Society B.S., 1976, University of Pennsylvania; University of Pennsylvania B.S., 1998, University of Pennsylvania M.A., 2007, NYU Richard M. Hendler, Esq. Michael Posner Bruce Buchanan Clinical Professor of Law in Jerome Kohlberg Professor of C.W. Nichols Professor of Business Business Ethics & Finance; Professor of Ethics; Professor of Marketing B.S., 1985, NYU; J.D., 1988, NYU Business & Society B.S.E.E., 1977, Massachusetts Institute B.A., 1972, Michigan; J.D., 1975, UC of Technology; Ph.D., 1983, Columbia Rachel S. Kowal Berkeley Clinical Professor of Business Law Jeanne Calderon B.A., 1977, Cornell; J.D., 1981, Cardozo Matt Statler Clinical Professor of Business Law Clinical Associate Professor of B.A., 1975, Cornell; J.D., 1978, Business & Society Georgetown B.A., 1993, University of Missouri; Ph.D., 1998, Vanderbilt

F A C U LT Y 91 Hans Taparia Tensie Whelan Batia Wiesenfeld Clinical Associate Professor of Clinical Professor of Business & Andre J.L. Koo Professor of Business & Society Society Management B.S., Massachusetts Institute of B.A., 1981, NYU; M.A., 1983, B.A., 1988, Columbia; Ph.D., 1995, Technology American University Columbia

Economics Simon Bowmaker Walker Hanlon Kermit Schoenholtz Clinical Associate Professor of Assistant Professor of Economics Henry Kaufman Clinical Professor Economics B.A. 2004 Stanford; M.A. 2008, M. Phil. of the History of Financial M.A. 1996, Aberdeen; M. Phil. 1997, 2009 Ph.D. 2012, Columbia Institutions & Markets Cambridge; Ph.D. 2008, St Andrews A.B. 1977, Brown; M.Phil. Economics Peter Henry 1982, Yale Adam M. Brandenburger William R. Berkley Professor of J. P. Valles Professor of Business Economics & Finance Paul Scott Economics & Strategy; B.A. 1991, North Carolina (Chapel Hill); Assistant Professor of Economics Distinguished Professor, Tandon B.A. 1993, Oxford; Ph.D. 1997, MIT B.A. 2007, UC San Diego; M.A. 2009, School of Engineering; Global Ph.D. 2013, Princeton Network Professor Mervyn King B.A. 1981, M.Phil. 1982, Ph.D. 1986, Alan Greenspan Clinical Professor A. Michael Spence Cambridge of Economics William R. Berkley Clinical M.A. 1969, Cambridge Professor of Economics & Business Luís Cabral B.A. 1966, Princeton; B.A. 1968, Paganelli-Bull Professor of Pricila Maziero Oxford; Ph.D. 1972, Harvard Economics & International Visiting Assistant Professor of Business Economics Yossi Spiegel B.A. 1983, Catolica (Portugal); M.S. 1985, B.A. 1999, Sao Paulo State; M.A. 2002, Visiting Professor of Economics Nova (Portugal); Ph.D. 1989, Stanford University of Sao Paulo; M.A. 2006, B.A. 1985, M.A. 1987, Tel Aviv Ph.D. 2009, Minnesota University; Ph.D. 1991, Northwestern Gian Luca Clementi Associate Professor of Economics Petra Moser Vaidyanathan Venkateswaran B.A. 1993, Bologna (Italy); M.A. 1998, Associate Professor of Economics Assistant Professor of Economics Ph.D. 2000, Rochester B.A. 1992, Tubingen; M.A. 1996, Yale; B.Com. 1996, Mahatma Ghandi (India); Ph.D. 2002, California (Berkeley) M.A. 2008, Ph.D. 2011, California (Los Christopher Conlon Angeles) Assistant Professor of Economics Abdoulaye Ndiaye A.B. 2004, Harvard; M.A. 2005, Ph.D. Assistant Professor of Economics Paul A. Wachtel 2010, Yale B.S. 2012, Ecole Polytechnique: M.S. Professor of Economics 2013, Ecole Polytechnique; M.A. 2014, B.A. 1966, Queens College (CUNY); Michael Dickstein Northwestern; PhD 2018 Northwestern M.A. 1968, Ph.D. 1971, Rochester Assistant Professor of Economics B.S. 2005, Cornell; M.A. 2008, Ph.D. Thomas A. Pugel Michael Waugh 2011, Harvard Professor of Economics & Global Associate Professor of Economics Business B.A. 2001, Saint Anselm College; M.A. Nicholas S. Economides B.A. 1974, Michigan State; Ph.D. 1978, 2003, Fordham; Ph.D. 2008, Iowa Professor of Economics Harvard B.S. 1976, London School of Economics; Lawrence J. White M.A. 1979, Ph.D. 1981, California Nouriel Roubini Robert Kavesh Professor of (Berkeley) Professor of Economics & Economics International Business B.A. 1964, Harvard; M.Sc. 1965, London Niklas Engbom B.A. 1982, Bocconi (Italy); Ph.D. 1988, School of Economics; Ph.D. 1969, Assistant Professor of Economics Harvard Harvard B.A. 2010, Stockholm School of Economics; PhD. 2018, Princeton Maher Said Stanley Zin Assistant Professor of Economics William R. Berkley Professor of Joseph Foudy B.A, 2003, NYU; M.A. 2005, M.Phil. Economics & Business Clinical Associate Professor of 2006, Ph.D. 2009, Yale B.A. 1979, Windsor; M.A 1981, Wayne; Economics & Management Ph.D. 1978, Toronto B.A. 1996, American; Ph.D. 2004, Cornell Thomas Sargent William R. Berkley Professor of Economics & Business B.A. 1964, California (Berkley); Ph.D. 1968, Harvard

F A C U LT Y 92 Finance Viral Acharya Joel Hasbrouck Anthony W. Lynch C.V. Starr Professor of Economics Kenneth G. Langone Professor of Professor of Finance B.Tech. 1995, Indian Institute of Business B.A. 1986, M.A. 1988, J.D. 1989, Technology (Bombay); Ph.D. 2001, New B.S. 1974, Haverford; M.A. 1980, Ph.D. Queensland (Australia); Ph.D. 1994, York 1981, Pennsylvania Chicago

Yakov Amihud Peter Henry Anthony Marciano Ira Rennert Professor of Dean Emeritus, Leonard N. Stern Clinical Professor of Finance Entrepreneurial Finance School of BusinessWilliam R. B.A. 1983, Dartmouth; M.B.A. 1998, B.A. 1969, Hebrew; M.S. 1973, Ph.D. Berkley Professor of Economics & Massachusetts Institute of Technology 1975, New York Finance B.A. 1991, University of North Carolina Holger Mueller Jennifer N. Carpenter Chapel Hill; B.A. 1993, Oxford; Ph.D. Nomura Professor of Finance Associate Professor of Finance 1997, Massachusetts Institute of Technology M.B.A. 1993, Ph.D. 1997, St. Gallen B.S. 1987, M.A. 1993 (mathematics), (Switzerland) M.A. 1994, Ph.D. 1995, Pennsylvania Sabrina Howell Assistant Professor of Finance Cecilia Parlatore Aswath Damodaran B.A. 2008, Yale; Ph.D. 2015, Harvard Assistant Professor of Finance Professor of Finance B.A. 2005, M.A. 2008 Torcuato Di Tella B.Com. 1977, Madras; M.S. 1979, Indian Manjiree Jog (Argentina); Ph.D. 2014, NYU Institute of Management; M.B.A. 1981, Clinical Assistant Professor of Ph.D. 1985, California (Los Angeles) Finance Thomas Philippon B.Com. 1987, Pune (India); M.B.A. Professor of Finance Kathleen DeRose 1997, New York B.S. 1997, Ecole Polytechnique (France); Clinical Associate Professor of M.A. 1998, E´ cole Normale Supérieure, Finance Kose John DELTA (France); M.A. 1999, London B.A. 1983, Princeton; M.B.A. 2011, School of Economics; Ph.D. 2003, Charles William Gerstenberg Massachusetts Institute of Technology NYU Stern/ Ecole des Hautes Etudes Professor of Banking & Finance Commerciales de Paris (HEC)/London B.S. 1970, India; M.S. 1974, Florida School of Economics; Ms.C. 2015, Oxford. Institute of Technology; Ph.D. 1978, Matthew P. Richardson Florida Charles Simon Professor of Applied Eduardo Davila Financial Economics Assistant Professor of Finance Theresa Kuchler B.A. 1984, M.A. 1984, California (Los B.A. 2006, Las Palmas de Gran Canaria Assistant Professor of Finance Angeles); Ph.D. 1989, Stanford (Spain); B.A. 2008, Pompeu Fabra Diploma 2007, Mannheim (Germany); (Spain); M.A. 2011, Ph.D. 2014, Ph.D. 2013, Stanford Robert Richmond Harvard Assistant Professor of Finance Toomas Laarits B.S. 2011, University of Colorado; Ph.D. Robert Engle Assistant Professor of Finance 2016, UCLA Anderson School Michael Armellino Professor of the A.B. 2010, Harvard University; M.A. Management of Financial Services 2016, M.Phil 2017, Ph.D. 2019, Yale Anthony Saunders B.S. 1964, Williams College; M.S. 1966, University John M. Schiff Professor of Finance Ph.D. 1969, Cornell B.S. 1971, M.S. 1972, Ph.D. 1981, Simone Lenzu London School of Economics Stephen C. Figlewski Assistant Professor of Finance Professor of Finance B.S 2008, M.S. 2011, Bocconi Alexi Savov B.A. 1969, Princeton; Ph.D. 1976, University; M.A. 2014, Ph.D. 2018, The Associate Professor of Finance Massachusetts Institute of Technology University of Chicago B.A. 2005, Washington University (St. Louis); M.B.A. 2010, Ph.D. 2010, James Finch Richard M. Levich Chicago Clinical Associate Professor of Professor of Finance & Finance International Business Anjolein Schmeits B.A 1979, M.B.A. 1981, University of B.A. 1971, M.B.A. 1971, Ph.D. 1977, Clinical Professor of Finance Kansas Chicago B.S./M.Sc. 1991, Tilburg; Ph.D. 1999, Amsterdam Shan Ge Andres Liberman Assistant Professor of Finance Assistant Professor of Finance Philipp Schnabl B.A. 2011, Renmin University of China; B.A. 2004, Chile; M.Phil. 2011, Ph.D. Associate Professor of Finance M.A. 2013, Ph.D. 2018, The Ohio State 2013, Columbia B.A/M.A. 2000, Vienna University of University Economics and Business Administration; Alexander Ljungqvist M.P.A 2003, Ph.D. 2008, Harvard Arpit Gupta Ira Rennert Professor of Finance & Assistant Professor of Finance Entrepreneurship Gustavo Schwed B.S. 2009, Chicago; Ph.D. 2016, Columbia. M.S. 1992, Lund (Sweden); M.Phil. Clinical Professor of Finance 1994, Ph.D. 1995, Oxford B.A. 1984, Swarthmore; MBA 1988, Stanford

F A C U LT Y 93 Haran Segram Rangarajan K. Sundaram Robert F. Whitelaw Clinical Assistant Professor of Dean, Leonard N. Stern School of Edward C. Johnson 3d Professor of Finance Business Entrepreneurial Finance B.B. 2002, University of Technology Dean Richard R. West Professor of B.S. 1984, Massachusetts Institute of (Sydney); Ph.D. 2012, University of Finance Technology; Ph.D. 1993, Stanford Sydney. Edward I. Altman Professor of Credit & Debt Markets and Jeffrey A. Wurgler William L. Silber Professor of Finance Nomura Professor of Finance Marcus Nadler Professor of Finance B.A. 1982, Madras; M.B.A. 1984, Indian B.A.S. 1994, Stanford; M.A., Ph.D. & Economics Institute of Management; M.A. 1987, 1999, Harvard B.A. 1963, Yeshiva; M.A. 1965, Ph.D. Ph.D. 1988, Cornell 1966, Princeton David Yermack Bruce Tuckman Albert Fingerhut Professor of Johannes Stroebel Clinical Professor of Finance Finance & Business Transformation Associate Professor of Finance A.B. 1984, Harvard; Ph.D. 1989, B.A. 1985, J.D. 1991, M.B.A. 1991, B.A 2006, Oxford; Ph.D. 2012, Stanford Massachusetts Institute of Technology M.A. 1993, Ph.D. 1994, Harvard

Marti G. Subrahmanyam Olivier Wang Charles E. Merrill Professor of Assistant Professor of Finance Finance B.A. 2010, M.A. 2013 École Normale B.Tech. 1967, Indian Institute of Supérieure Ulm; Ph.D. 2019, Technology; Dipl. 1969, Indian Institute Massachusetts Institute of Technology of Management; Ph.D. 1974, Massachusetts Institute of Technology

Information Manuel Arriaga Hanna Halaburda Foster Provost Systems Group Clinical Assistant Professor of Associate Professor of Information, Professor of Information Systems; Information, Operations & Operations & Management Professor of Data Science; Andre Management Sciences Sciences Meyer Faculty Fellow B.A. 2004, Universidade Nova de Lisboa; M.A. 2001, Warsaw University, Ph.D. B.S. 1986, Duquesne; M.S. 1988, Ph.D. Ph.D. 2010, New York University 2007, Northwestern University 1992, Pittsburgh

Yannis Bakos Panagiotis G. Ipeirotis Arun Sundarajan Associate Professor of Information Professor of Information, Professor of Information, Systems Operations & Management Operations, & Management B.S. 1980; M.S. 1984; Ph.D. 1988, Sciences; George A. Kellner Sciences Systems; NEC Faculty Massachusetts Institute of Technology Faculty Fellow Fellow; Robert L. & Dale Atkins B.Sc. 1999, Patras (Greece); M.S. 2000, Rosen Faculty Fellow Vasant Dhar M.Phil. 2003, Ph.D. 2004, Columbia B.Tech. 1993, Indian Institute of Professor of Information Systems Technology; M.S. 1995, D.Phil. 1997, B.S. 1978, Indian Institute of Natalia Levina Rochester Technology; M.Phil. 1982, Ph.D. 1984, Professor of Information Systems; Pittsburgh Toyota Motor Corporation Term Alexander Tuzhilin Professor Professor of Information Systems; Anindya Ghose B.A. 1994, M.A. 1994, Boston; Ph.D. Leonard N. Stern Professor of Professor of Information, 2001, Massachusetts Institute of Business Operations & Management Technology B.A. 1980, New York; M.S. 1981, Sciences; Heinz Reihl Professor of Stanford; Ph.D. 1989, New York Business Hila Lifshitz-Assaf B.Tech. 1996, Regional Engineering Assistant Professor of Information, Norman H. White College (Jalandhar, India); M.B.A. 1998, Operations, & Management Clinical Professor of Information Indian Institute of Sciences Systems Management (Calcutta); M.S. 2002, B.A. & L.L.B 2001, Tel Aviv University; B.A. 1966, Harvard; M.S. 1971, Ph.D. Ph.D. 2004, Carnegie Mellon M.B.A 2007, Tel Aviv University; 1974, New York D.B.A. 2014, Harvard University

Management Susan Stehlik Naomi Diamant Brian Hanssen Clinical Associate Professor of Deputy Dean TRIUM, Assistant Clinical Assistant Professor of Communication Management Communication Dean Global Programs, and Management Communication B.S. 1972, Wisconsin (Madison); M.S., Clinical Assistant Professor of B.A. 2001, UCLA; M.A. 2008 Columbia 1990 New School Management Communication University B.A. 1982, Cape Town; M.A. 1986, Hebrew; Ph.D. 1992, Columbia

F A C U LT Y 94 Dianne Lennard David Purdy Robert Wosnitzer Clinical Associate Professor of Clinical Assistant Professor of Clinical Assistant Professor of Management Communication Management Communication Management Communication B.A. 1974, Bard; M.S. 1977, Bank Street B.M.Ed 1978, Temple; M.B.A. 1985, B.A. 2006, NYU; M.A. 2008, NYU College of Education; Ph.D. 2004, Union Maryland Steinhardt; Ph.D. 2014 NYU Steinhardt Institute and University Irv Schenkler Jeffrey Younger Robert Lyon Clinical Associate Professor of Clinical Assistant Professor of Clinical Assistant Professor of Management Communication Management Communication Management Communication A.B. 1975, Columbia; M.A. 1976; B.A. 1981, Pennsylvania; M.S. 2005, B.A. 1979, Macalester College; M.F.A. MPhil. 1978 Brooklyn College 2004, New York Yu Shi Clinical Associate Professor of Management Communication B.A. 1998 Foreign Languages Institute (China); Ph.D. 2005, University of Iowa

Management & Callen Anthony Jamie “J.P.” Eggers Gavin J. Kilduff Assistant Professor of Management Associate Professor of Management Assistant Professor of Management Organizations & Organizations & Organizations & Organizations H.B.A 2009, Ivey Western Ontario; B.A. 1993, Amherst College; M.B.A. B.S. 2002, Pennsylvania State; Ph.D. M.Sc. 2012, Oxford; Ph.D. 2018, Boston 1999, Emory; Ph.D. 2008, Pennsylvania 2010, California (Berkeley) College Christina Fang Anat Lechner Beth A. Bechky Associate Professor of Management Clinical Associate Professor of Professor of Management & & Organizations Management & Organizations Organizations; Jacob B. Melnick B.A. 1997, Nanyang Technological B.S. 1998, Tel Aviv; M.B.A. 1994, Ph.D. Term Professor (Singapore); M.A. 2001, Ph.D. 2003, 2000, Rutgers B.S. 1991, Cornell; M.A. 1992, Ph.D. Pennsylvania 1999, Stanford Lisa Leslie Pankaj Ghemawat Associate Professor of Management Steven L. Blader Professor of Management & & Organizations Professor of Management & Strategy A.B. 2001, Princeton; M.A. 2004, Ph.D. Organizations; Kenneth G. A.B. 1979, Harvard; Ph.D. 1982, Harvard 2007, Maryland Langone Professor of Business B.A. 1994, Pennsylvania; M.A. 1999, Ari Ginsberg Sonia Marciano Ph.D. 2002, New York Professor of Entrepreneurship & Clinical Professor of Management Management & Organizations Elizabeth Boyle B.H.L. 1975, ITRI College; M.A. 1977, B.A. 1984, M.B.A. 2000, Ph.D. 2000, Clinical Associate Professor of Columbia; M.B.A. 1982, Ph.D. 1985, Chicago Management & Organizations Pittsburgh B.A. 1983, Catholic University of Joseph Magee America; M.B.A. 1989, Ph.D. 2004, Jason Greenberg Professor of Management & New York Assistant Professor of Management Organizations, Stern School of & Organizations Business & Wagner Graduate Gino Cattani A.A. 1994, Rockland Community School of Public Service Associate Professor of Management College; B.A. 1996, Binghamton B.A. 1996, Michigan; Ph.D. 2004, Stanford & Organizations University; M.A. 2000, Florida B.A. 1991, D.B.A. 1997, Pisa; M.A. (Gainesville); M.P.P. 2002, Chicago; Frances J. Milliken 2001, Ph.D. 2004, Wharton Ph.D. 2009, Massachusetts Institute of Technology Professor of Management & Organizations; Arthur E. Dolly Chugh Imperatore Professorship in Associate Professor of Management Deepak Hegde Associate Professor of Management Entrepreneurial Studies & Organizations B.A. 1978, Barnard; M.B.A. 1982, Ph.D. B.A. 1990, Cornell; M.B.A. 1994, M.A. & Organizations 1985, City College (CUNY) 2003, Ph.D. 2006, Harvard Bachelor of Industrial Engineering 1999, The National Institute of Engineering (India); M.P.P. 2005, Georgia Institute of Elizabeth Morrison Sinziana Dorobantu Technology; M.B.A. 2008, Ph.D. 2010, Professor of Management & Assistant Professor of Management California (Berkeley) Organizations; ITT Harold Geneen & Organizations Professor in Creative Management B.A. 2001, American University in B.A. 1984, Brown; M.S. 1988, Ph.D. Bulgaria; M.A. 2005, Ph.D. 2010, Duke R. Kabaliswaran Clinical Associate Professor of 1991, Northwestern Management & Organizations B. Tech. 1975, Indian Institute of Technology; M.E. 1981, Manhattan College; Ph.D. 1991, New York

F A C U LT Y 95 Michael North Joseph Porac Zur B. Shapira Assistant Professor of Management Professor of Management & Professor of Entrepreneurship & & Organizations Organizations; George Daly Management; William R. Berkley B.A. 2006, Michigan; M.A 2010, PhD. Professor of Business Leadership Professorship in Entrepreneurship 2013, Princeton B.S. 1974, Pittsburgh; Ph.D. 1979, B.Sc. 1970, M.Sc. 1972, Hebrew; Ph.D. Rochester 1976, Rochester Glen A. Okun Clinical Professor of Management Robert M. Salomon Belén Villalonga & Entrepreneurship; Professor of Professor of Management & Professor of Management & Management Practice Organizations Organizations B.A.1984, Wesleyan; J.D., M.B.A 1989, B.B.A. 1995, Michigan; M.Phil. 2000, B.A. 1991, Colegio Universitario de Harvard Ph.D. 2002, New York Estudios Financieros (Madrid); M.A. 1998, California (Los Angeles); Ph.D. Nathan C. Pettit Melissa A. Schilling 2000, Universidad Complutense Associate Professor of Management John Herzog Family Professor of (Madrid); Ph.D. 2001, California (Los & Organizations Management & Organizations Angeles) B.S. 2002, Cornell; M.P.S. 2003, Cornell; B.S. 1990, Colorado; Ph.D. 1997, M.A. 2006, Columbia, Ph.D. 2011, Washington Batia M. Wiesenfeld Cornell Professor of Management & Robert C. Seamans Organizations; Andre J.L. Koo L. Taylor Phillips Associate Professor of Management Professor of Management; Assistant Professor of Management & Organizations B.A. 1988, Ph.D. 1996, Columbia & Organizations B.A. 1996, Reed; M.B.A. 2001, Yale; B.A. 2010, Stanford; Ph.D. 2016, M.A. 2004, Boston; Ph.D. 2009, Stanford California (Berkeley)

Marketing Adam Alter Yuxin Chen Masakazu Ishihara Associate Professor of Marketing Affiliated Professor of Marketing; Associate Professor of Marketing B.Sc. 2004, New South Wales; M.A. NYU Shanghai; Global Network B.S. 2000, Wisconsin-Madison; M.S. 2006, Ph.D. 2009, Princeton Distinguished Professor of Business 2004, Wisconsin-Madison; Ph.D. 2011, B.S. 1992, Fudan University; M.S.B.A. Toronto Henry Assael 1997, Washington University in St. Professor of Marketing Louis; Ph.D. 1999, Washington Minah Jung B.A. 1957, Harvard; M.B.A. 1959, University in St. Louis. Assistant Professor of Marketing Pennsylvania; Ph.D. 1965, Columbia B.A. 2001, University of Chicago; M.B.A Kim P. Corfman 2009, NYU Stern; Ph.D. 2015, Berkeley Alixandra Barasch Professor of Marketing; Vice Dean Assistant Professor of Marketing for MBA Programs & Online Justin Kruger B.S. 2008, Duke; Ph.D. 2016, Wharton Education Professor of Marketing B.A. 1977, Princeton; M.B.A. 1982, B.S. 1993, Santa Clara; Ph.D. 1999, Bryan Bollinger Ph.D. 1985, Columbia Cornell Associate Professor of Marketing B.E. and B.A. 2003, Dartmouth; M.A. Tülin Erdem Al Lieberman 2011, Stanford; PhD. 2011, Stanford Leonard N. Stern Professor of Albert Gallatin Clinical Professor Business; Professor of Marketing of Business, Professor of Andrea Bonezzi B.A. 1986, Bog˘aziçi (Turkey); M.A. Management Practice Associate Professor of Marketing 1987, Ph.D. 1993, Alberta B.S. 1960, Cornell; M.B.A. 1963, New B.S., Parma (Italy); M.S., Bocconi (Italy); York Ph.D. 2012, Northwestern Anindya Ghose Affiliated Professor of Marketing Xiao Liu Bruce Buchanan B. Tech 1996, Regional Engineering Assistant Professor of Marketing Affiliated Professor of Marketing; College; M.B.A. 1998, Indian Institute of B.S. 2010, Tsinghua; M.S. 2012, C. W. Nichols Professor of Management; M.S. 2002, Carnegie Carnegie Mellon; Ph.D. 2015, Carnegie Business Ethics Mellon; Ph.D. 2004, Carnegie Mellon Mellon B.S. 1977, Massachusetts Institute of Technology; Ph.D. 1983, Columbia Eric A. Greenleaf Durairaj Maheswaran Professor of Marketing Paganelli-Bull Professor of Xinyu Cao B.S. 1977, New Hampshire; M.B.A. Marketing & International Assistant Professor of Marketing 1981, Ph.D. 1986, Columbia Business B.S. 2011, Tsinghua; M.S. 2013, B.Tech. 1973, Madras; M.B.A. 1976, California (Berkeley); Ph.D. 2018, M.I.T. Paul Hardart Indian Institute of Management; Ph.D. Clinical Professor of Marketing 1987, Northwestern Jeffrey A. Carr B.A. 1986, College of the Holy Cross; Clinical Professor of Marketing & M.B.A. 1993, Kellogg Entrepreneurship B.A. 1978, Wright State; M.B.A. 1986, Tulane

F A C U LT Y 96 Geeta Menon Priya Raghubir Yaacov Trope Abraham Krasnoff Professor of Dean Abraham L. Gitlow Professor Affiliated Professor of Marketing; Global Business; Professor of of Business; Professor of Marketing Professor of Psychology Marketing; Dean Emeritus, B.A. 1983, St. Stephen’s College (Delhi); B.A. 1970, Tel Aviv; M.A. 1972; Ph.D. Undergraduate College. M.B.A. 1985, Indian Institute of 1974, Michigan B.A. 1981, M.A. 1983, Madras; Ph.D. Management; M.Phil. 1993, Ph.D. 1994, 1991, Illinois New York Raluca Ursu Assistant Professor of Marketing Tom Meyvis Vishal Singh B.A. 2010, Mount Holyoke; M.A. 2012, Professor of Marketing, Peter Associate Professor of Marketing University of Chicago; Ph.D. 2016, Drucker Faculty Fellow B.A. 1992, Delhi; M.S. 1997, Iowa State; University of Chicago Licentiaat 1996, Catholique de Louvain Ph.D. 2003, Northwestern (Belgium); Ph.D. 2001, Florida Jared Watson Joel H. Steckel Assistant Professor of Marketing Eitan Muller Vice Dean, Doctoral Education; B.A. 2009, Washington; Ph.D. 2018, Professor of Marketing Professor of Marketing Maryland B.Sc. 1973, Israel; M.B.A. 1975, Ph.D. B.A. 1977, Columbia; M.B.A. 1979, 1977, Northwestern M.A. 1980, Ph.D. 1982, Pennsylvania Russell S. Winer William H. Joyce Professor of Sunder Narayanan Marketing Clinical Professor of Marketing B.A. 1973, Union College; Ph.D. 1977, B.Sc. 1980, Indian Institute of Carnegie Mellon Technology; Post-Grad Diploma 1982, Indian Institute of Management; M.Phil. 1990, Ph.D. 1990, Columbia

Operations Mor Armony Ilan Lobel Wenqiang Xiao Vice Dean of Faculty; Professor of Associate Professor of Information, Associate Professor of Information, Management Information, Operations, & Operations, & Management Operations, & Management Management Sciences Sciences Sciences Group B.S. 1993, M.S. 1996, Hebrew; M.S. B.S. 2004, Pontificia Universidad Catolica B.S. 1999, Tsinghua (China); Ph.D. 1997, Ph.D. 1999, Stanford de Rio de Janeiro (Brazil); Ph.D. 2009, 2002, Hong Kong University of Science Massachusetts Institute of Technology and Technology; Ph.D. 2006, Columbia Harry G. Chernoff Clinical Professor of Information, Praveen Nayyar Eitan Zemel Operations, & Management Associate Professor of Operations W. Edwards Deming Professor of Sciences Management Quality & Productivity; Associate B.A. 1968, M.S. 1975, Ph.D. 1985, New B.Tech. 1978, Indian Institute of Vice Chancellor for Strategy & York University Leonard N. Stern School Technology; M.B.A. 1981, Indian Dean of Business, NYU Shanghai; of Business Institute of Management; Ph.D. 1988, Vice Dean of Global & Executive Michigan Education, NYU Stern Srikanth Jagabathula B.S. 1970, Hebrew; M.S. 1972, Associate Professor of Information, Michael Pinedo Weizmann Institute of Science; Ph.D. Operations, & Management Julius Schlesinger Professor of 1976, Carnegie Mellon Sciences Operations Management B.Tech. 2006, Indian Institute of M.S. 1973, Delft (Netherlands); M.S. Jiawei Zhang Technology (Bombay); M.S. 2008, Ph.D. 1975, Ph.D. 1978, California (Berkeley) Professor of Information, 2011, Massachusetts Institute of Technology Operations, & Management Joshua Reed Sciences Associate Professor of Information, B.S. 1996, M.S. 1999, Tsinghua (China); Operations, & Management Ph.D. 2004, Stanford Sciences B.S. 2000, Illinois; Ph.D. 2007, Georgia Institute of Technology

F A C U LT Y 97 Statistics Group Xi Chen Clifford M. Hurvich Jeffrey S. Simonoff Assistant Professor of Information, Leonard N. Stern Professor of Professor of Statistics; Robert A. Operations, & Management Statistics & Operations Research Miller Faculty Fellow Sciences B.A. 1980, Amherst College; M.A. 1982, B.S. 1976, SUNY (Stony Brook); M.Phil. B.Sc. 2007, Xi’an Jiaotong (China); M.S. Ph.D. 1985, Princeton 1978, Ph.D. 1980, Yale 2009, Ph.D. 2013, Carnegie Mellon Peter Lakner Aaron Tenenbein Rohit S. Deo Associate Professor of Statistics & Professor of Statistics Professor of Statistics, David Operations Research B.S. 1965, Manitoba; M.A. 1966, Ph.D. Margolis Teaching Excellence B.A. 1978, M.A. 1980, Eötvos Loránd 1969, Harvard Faculty Fellow (Budapest); Ph.D. 1989, Columbia B.S. 1988, Fergusson College (India); M.S. 1990, Poona (India); Ph.D. 1995, Joshua Loftus Iowa State Assistant Professor of Information, Operations & Management Halina Frydman Sciences Professor of Statistics & Operations B.S. 2009, Western Michigan; M.S. Research 2011, Rutgers; Ph.D. 2016, Stanford B.Sc. 1972, Cooper Union; M.A. 1974, M.Phil. 1976, Ph.D. 1978, Columbia Edward L. Melnick Professor of Statistics B.A. 1960, Lehigh; M.S. 1963, Virginia Polytechnic Institute; Ph.D. 1970, George Washington

F A C U LT Y 98 Admission

pplicants to the mendations from guidance NYU Offce of Undergraduate counselors and teachers, and Undergraduate Admissions College of the the personal essays. admissions.nyu.edu A Leonard N. Each applicant is reviewed [email protected] 212-998-4500 Stern School of Business are carefully to identify academic graphic backgrounds. admitted as first year and strength, potential for intel- Applicants who attend high transfer students. The appli- lectual growth and creativity, school outside of the cant's capacity for successful and promise of fully utilizing United States should see undergraduate work is meas- the special offerings of the the Applicants with ured through careful consider- University and the city. International Credentials section ation of secondary school Stern welcomes a diverse on page 101. and/or college records, scores group of undergraduates from on standardized tests, recom- all economic, social, and geo-

RECOMMENDED HIGH THE ADMISSION PROCESS (January 1). Early Decision I and II SCHOOL PREPARATION All candidates for admission to the applicants are notified of a decision on The quality of an applicant's secondary University should send the following to December 15 and February 15, respec- school record is considered to be more the Undergraduate Admissions tively. Regular Decision applicants are important than a prescribed pattern of Processing Center, New York University, notified on or around April 1. Transfer courses. Sound preparation, however, 383 Lafayette Street, New York, NY candidates can only apply for fall should include English, social studies, 10003 or [email protected]. All admission and must do so by April 1. foreign language, mathematics, and labo- academic documents should be sent They are notified on a rolling basis ratory sciences. The Admissions directly by a school official and for faster starting in mid-April. Committee pays particular attention to processing, email is preferred. the number of honors, AP, and IB courses a. The Common Application (online CAMPUS VISITS the applicant has completed in high only), which includes a nonrefundable All prospective students and their fami- school. The rigor of a student’s curricu- $80 application fee. lies are invited to visit the New York lum is measured by the curriculum b. Official high school and/or college University campus. Opportunities to offered at their high school as presented records for academic credit already tour the University and meet students through the Secondary School Report. earned (and General Educational and faculty are available to interested Suggested high school coursework Development test scores, if applicable). students. includes: c. All required testing should be com- Both high school and college stu- pleted and results sent electronically by dents wishing to discuss the choice of a 4 years of English the testing agency to the college, the transfer process, or academic 3-4 years of academic mathematics (to Undergraduate Admissions Processing programs are invited to attend an infor- include calculus or, at the very least, pre- Center. mation session conducted by the Office calculus*) d. Letters of recommendation. of Undergraduate Admissions at the 2–3 years of foreign language** e. Personal Statement/Essay. Bonomi Family Admissions Center, 3-4 years of laboratory sciences Candidates are urged to complete and located at 27 West 4th Street. The Office 3-4 years of social studies file their applications by the stated dead- of Undergraduate Admissions holds daily line (see page 100 for application filing information sessions and conducts cam- Students most competitive for admission deadlines). The Office of Undergraduate pus tours Monday through Friday except will take classes across all of the academic Admissions reserves the right to substi- during University holidays. areas above throughout their four years in tute or waive particular admissions During the fall, the University hosts high school. It is strongly recommended requirements at the discretion of the two Open Houses, one in September and that students continue mathematics and Admissions Committee. language courses in their senior year of There are three admissions dead- high school. For required testing, see lines for first year admission: Early *Students must be calculus-ready. page 100. Decision I (November 1), Early Decision II (January 1), and Regular Decision **Applicants to the BPE program are encouraged to have 3-4 years of a foreign language.

A D M I S S I O N 99 one in October. Open House programs Pearson Test of English Academic (PTE New York State residents should also allow students to learn about each indi- Academic), the Cambridge English: complete the separate application for the vidual school/college within NYU, con- Advanced or Proficiency (C1 Advanced Tuition Assistance Program (TAP); for nect with current students and faculty, or C2 Proficiency), or the International information visit nyu.edu/fnancial.aid. and tour residence halls. Visit the under- Test of English Proficiency (iTEP). (See Students from other states may be graduate admissions website at admis- the Applicants with International required to complete separate applica- sions.nyu.edu/visitnyu or call Credentials section on page 101 for addi- tions for their state programs if their 212-998-4550 for more information or tional information.) state grants can be used at New York to make an appointment for an informa- Official test scores should be sent University. For more detailed informa- tion session and tour. directly to NYU from the testing agen- tion regarding Financial Aid require- It is suggested that arrangements be cies. The NYU code for the College ments and policies, see the Financial Aid made several weeks prior to visiting the Board (SAT, SAT Subject Tests, and AP section on page 109. campus. For information about accom- examinations) and the TOEFL is 2562. modations during a campus visit, call The ACT code for NYU is 2838. EARLY DECISION PLAN FOR 212-575-0006 or visit nyu.edu/about/ HIGH SCHOOL SENIORS visitor-information/hotels. ADMISSION APPLICATION NYU offers two Early Decision applica- FILING DEADLINES tion options for first year applicants who REQUIRED TESTING First year students are considered only for are certain that NYU is their first-choice All first year applicants must submit offi- fall (September) entry. university. Students applying as Early cial standardized test scores. Applicants Decision candidates receive their admis- for admission to NYU may submit one First Year Early Decision I: November 1 sion decision after December 15 (Early of the following: First Year Early Decision II: January 1 Decision I) or after February 15 (Early • The SAT Reasoning Test (writing First Year Regular Decision: January 1 Decision II). The NYU Financial Aid section is not required) Office uses the same methodology to • The ACT (writing section is not NOTIFICATION DATES determine financial aid for Early Decision required) candidates as they do for Regular • Three SAT Subject Test scores (one Accepted applicants will be notified by Decision candidates. Students are not in literature or the humanities, one the following dates: offered more or less financial aid based on in math - Math Level 1 or Math when they apply for admission. Level 2, and one elective) First Year Early Decision I: December 15 Additionally, financial documents are • International Baccalaureate (IB) First Year Early Decision II: February 15 only considered by the Office of Financial Diploma First Year Regular Decision: April 1 Aid and are not considered by the Office • Three IB higher-level exam scores, if of Undergraduate Admissions. Financial not an IB Diploma candidate FINANCIAL AID DEADLINES need does not play a role in whether or • Nationally accredited exam showing First Year Early Decision I: November 15 not students are offered admission. completion of secondary education First Year Early Decision II: January 15 NYU uses information students share • Three AP exam scores (one in litera- First Year Regular Decision: February 15 with the University via the CSS Profile ture or the humanities, one in math, (see Financial Aid on page 109) and the Free Application for Federal Student Aid and one elective) FINANCIAL AID Applicants to the Stern School of (FAFSA) for U.S. Citizens and Permanent Business who choose to submit SAT Admitted students who have submitted Residents to provide admitted students Subject Tests or AP Exam scores in place the correct financial aid documentation with a final financial aid package after of the SAT or ACT must provide a score will receive a financial aid package at the December 15. For Early Decision II can- from a mathematics examination. point of admission. Financial aid docu- didates, this information is used to pro- Note: The AP exams must be taken prior ments are only considered by the Office vide admitted students with a final to high school senior year to be applicable of Financial Aid. These documents are financial aid package after February 15. during the admissions cycle. not reviewed by the Office of Students can only be released from If students have taken the SAT or Undergraduate Admissions and financial the Early Decision agreement if they ACT more than once, the admissions need does not play a role in admissions believe their financial aid package does offce will create a “superscore” using decisions. not enable them to attend. Students must the highest results from each section. All students applying for financial be aware that applying Early Decision It is recommended that students aid must file the CSS/Financial Aid does not enable them to compare finan- applying as Regular Decision first year Profile through the College Board cial aid packages from other universities. students complete their testing by the (profleonline.collegeboard.com). U.S. If comparing financial aid packages is November test date, and they must finish Citizens and Permanent Residents must necessary for a student, the student by the December test date. It is strongly also complete the Free Application for should apply under Regular Decision. recommended that Early Decision appli- Federal Student Aid (FAFSA). Students For further information regarding the cants complete all testing by the October must include the NYU federal school decision to apply as an early decision can- test date, although November scores usu- code number 002785 in the school sec- didate, see the Undergraduate ally arrive in time to be considered. tion of the FAFSA to ensure that their Admissions website at Students whose native language is submitted information is transmitted by admissions.nyu.edu. not English and whose primary language the processor to New York University. of instruction has not been English for EXTERNAL TRANSFER more than three years at the time of sub- NYU’s Financial Aid deadlines are: APPLICANTS mitting an application should also take Early Decision I: November 15 the Test of English as a Foreign Language Early Decision II: January 15 Transfer applicants to Stern are consid- (TOEFL), the International English Regular Decision: February 15 ered for fall admission only (see The Language Testing System (IELTS), the Admission Process on page 99).

A D M I S S I O N 100 Admission of external transfers is lim- regarding the external transfer process, see copy of the grades received in each sub- ited by space availability. Credit is the Undergraduate Admissions website at ject of the examination. If a student is granted for most collegiate work com- admissions.nyu.edu. preparing for these examinations, the stu- pleted with a grade of C or better within dent must submit predicted scores. the last ten years that satisfies degree INTERNAL TRANSFER All documents submitted for review requirements and that falls within the APPLICANTS must be official; that is, they must be residency requirement, with the excep- either originals or copies certified by tion of certain courses of a vocational Students who wish to transfer from one authorized persons. (A "certified" copy is nature or courses not consistent with the school to another within the University one that bears either an original signature educational objectives of the Stern must file an Internal Transfer Application of the registrar or other designated school Undergraduate College. Within these through the Applicant Portal in Albert official or an original impression of the provisions, applicants from regionally prior to the March 1 application deadline. institution's seal.) Uncertified copies are accredited colleges are eligible for Stern accepts transfers in the fall only. not acceptable. If these official docu- admission. Students must complete (or be in the ments are in a foreign language, they Except when specifically noted, the process of completing) one full year (32 must be accompanied by an official general procedures described for entering points) of academic study in their original English translation from an accredited first year students apply to all applicants school of enrollment to be eligible for translation agency. seeking to transfer from other two-year or internal transfer. The Leonard N. Stern NYU cannot assume responsibility four-year institutions. Transfer applicants School of Business does not consider appli- for the return of any documents provided must submit official credentials from all cants who previously externally transferred in support of application for admission. institutions attended, including second- to another school or college at NYU. Applicants should not submit diplomas ary school transcripts. Transfer applicants or original single copies of records that who have been in college less than one SPECIAL UNDERGRADUATE cannot be replaced. Also, students should year must submit standardized testing STUDENTS (VISITING) be certain to use their legal name exactly with their application. The Stern Undergraduate College offers as it appears on their passport on all To be considered for transfer admis- courses to non-matriculated students. NYU applications and related docu- sion to the Stern School of Business, stu- See nyu.edu/admissions/visiting-students ments and correspondence. dents must have completed (or be in the for program details and deadline process of completing) one year and 30– information. Required Testing for International 32 semester hours at their current college Students or university. This does not include credit All first year applicants to the Leonard awarded by examination or earned at a APPLICANTS WITH INTER- NATIONAL CREDENTIALS N. Stern School of Business— domestic previous school. Students who do not and international— must submit stan- meet this requirement will not be con- NYU welcomes applications for admis- dardized testing to NYU to be consid- sidered for admission. Students wishing sion from international applicants all ered for admission. In addition to SAT, to transfer into the second/sophomore over the globe. NYU has one of the ACT, SAT Subject, AP, and IB results, year should have completed the follow- largest international student bodies in NYU also considers a wide range of ing courses (at a minimum) at their cur- the world. regional and national examinations to rent institution: NYU offers limited financial support fulfill an applicant's standardized testing • 1 semester of calculus or higher in the form of institutional grants/schol- requirement. Students are required to • 1 semester of writing/composition arships to international first year students submit official score reports directly from (two semesters are preferred) admitted to the New York campus. the appropriate testing agency. Consult Grants/scholarships are based upon a NYU’s admissions website to learn more Students wishing to transfer into the combination of financial need and aca- about the required testing requirements third/junior year should have completed demic merit. See nyu.edu/admissions/ for first year and transfer applicants. the requirements listed above for sopho- fnancial-aid-and-scholarships for further These pages apply to both domestic and mores as well as the following courses (at information. Before beginning the appli- international students. a minimum) at their current institution: cation, please be aware that the Stern To locate an international testing cen- Undergraduate College does not consider ter and date for the SAT or AP exams, • 1 semester of calculus or higher applications from students who already visit the College Board SAT website at • 1 semester of writing/English possess a bachelor's degree in any aca- collegeboard.org. To locate an international • 1 semester of statistics demic area. testing center and date for the ACT, • 1 semester of financial accounting visit the ACT website at actstudent.org. • 1 semester of microeconomics Student Visas and Orientation To locate an international testing center Matters pertaining to student visas and and date for AP exams, visit the Please note that completion of these pre- international student orientation activi- College Board AP website at requisite courses at a student’s current ties are administered by the Office of apstudent.collegeboard.org/ institution does NOT guarantee transfer Global Services (OGS), 383 Lafayette takingtheexam/registering-for-exams. of credit. Official approval of transfer Street; 212-998-4720. Specific informa- credit takes place after admission and tion about the various resources provided Testing Your English Ability evaluation of previous coursework by the by OGS can be found at nyu.edu/about/ All international applicants are required Undergraduate College. Also, certain leadership-university-administration/ to submit TOEFL (Test of English as a business courses (i.e., statistics, market- offce-of-the-president/offce-of-the-provost/ Foreign Language), IELTS (International ing, and finance) will require passing a university-life/offce-of-studentaffairs/ English Language Testing System), the Stern proficiency exam after admission for offce-of-global-services. Pearson Test of English Academic (PTE determination of credit/equivalency. Academic), the Cambridge English: The Stern School of Business does not Instructions for Submitting Advanced or Proficiency (C1 Advanced consider applications from students who International Documents or C2 Proficiency), or the International would be incoming seniors. All degree Test of English Proficiency (iTEP). candidates in Stern must complete at least If a student’s secondary education culmi- Results from one of these exams must 64 units of coursework (two years) in resi- nates in a maturity certificate examina- have been issued within the past two dence at Stern. For further information tion, the student must submit an official

A D M I S S I O N 101 years. Exemption from testing is given if To apply for advanced standing, a student reports must be submitted to the a student’s native language is English or must Undergraduate Admissions Processing if the student has been studying in an • submit proof of prior college-level Center for review. English speaking curriculum for at least coursework or advanced placement three years at the time of application. (AP) test results to the Maturity Certificate Examinations NYU does not have any minimum test Undergraduate Admissions The Stern Undergraduate College consid- score requirements, but most competi- Processing Center or bring a sealed ers the results of certain foreign maturity tive applicants score above 100 on the envelope of the transcripts and/or the certificate examinations for advanced TOEFL Internet-based Test (iBT), 7.5 or test results to the Stern standing credit, i.e., British GCE "A" above on the IELTS, 70 or above on the Undergraduate Office of Academic levels or Cambridge Pre-U, French PTE Academic, 191 or above on the Advising, Baccalauréat, German Abitur, Italian Cambridge English Scale, or 4.5 or above • meet with an adviser at Stern to dis- Maturità, or the Federal Swiss Maturity on the iTEP. Information about the cuss the implications thereof, and Certificate. Stern may require that score TOEFL may be secured by visiting the • sign an Advanced Standing reports be authenticated and reviewed by TOEFL website at ets.org/toefl and infor- Agreement Form with the Stern approved independent credential evalua- mation on the IELTS is available on the Undergraduate Office of Academic tion agencies. See chart of A-Level IELTS website at ielts.org. The TOEFL Advising that is placed on file with courses on page 106. For information code for NYU undergraduate admissions the Stern Undergraduate College and regarding all other Maturity Certificate is 2562. the Office of the University Exam course equivalents, confer with a Registrar. Stern academic adviser. THE ENGLISH LANGUAGE Note: First year students are highly INSTITUTE encouraged to consult with an academic Limitations on Advanced adviser before they apply AP credit Students whose first language is not toward their frst term at NYU. Standing Credits (By Subject) English who would like to improve their Mathematics: English language skills are welcome to All students entering Stern as first year explore NYU’s English Language CREDIT BY EXAMINATION students are required to fulfill a 4-unit Institute (ELI) housed at the School of The Advanced Placement Program (AP- mathematics course. Students who earn a Professional Studies. To obtain additional College Entrance Examination Board), 4 or 5 on the BC Calculus AP exam, or a information about courses offered by the the International Baccalaureate Program 6 or 7 on the IB Higher Level ELI, visit sps.nyu.edu/homepage/ (IB), and the results of some foreign academics/divisions-and-departments/ maturity certificate examinations enable Mathematics exam, or an A or B on the GCE A-level Math exam are eligible to english-language-institute.html or undergraduate students to receive credit apply those advanced standing credits to contact their office weekdays between the toward the bachelor's degree on the basis satisfy the Calculus I requirement. hours of 9am and 5pm. of performance in college-level examina- The 4-unit requirement is typically The English Language Institute tions or proficiency examinations related fulfilled through the successful comple- School of Professional Studies to Stern’s degree requirements, subject to tion of Calculus I (MATH-UA 121), but New York University the approval of the college. for students with advanced standing, a 7 East 12th Street, Suite 821 The maximum number of units higher-level course may be more appro- New York, NY 10003-7154 allowed toward the degree requirements priate for fulfilling the 4-unit require- Phone: 212-998 7040 that are a result of any possible combina- ment. Stern academic advisers are Email: [email protected]. tion of nonresidential special examina- tion programs may not exceed 32. available to help those students with Note: Stern strongly recommends that advanced standing make appropriate READMISSION OF FORMER course selections. Advanced standing can STUDENTS undergraduates apply no more than 20 units toward their degree requirements so be used to place into Calculus II, Any former student who has been out of they may fully experience the depth and Calculus III, or Linear Algebra. attendance for more than two consecutive breadth of the Stern curriculum. terms and who wishes to return to the Economics: college must apply for readmission. Advanced Placement Program (AP) All students entering Stern as first year Applications for readmission are available New York University participates in the students are required to complete the through the Applicant Portal via NYU Advanced Placement Program of the 4-unit Microeconomics course Albert. Requests for readmission should College Entrance Examination Board. In (ECON-UB 1). be received by August 1 for the fall term, Students in the BS in Business pro- December 1 for the spring term, and accordance with New York University policy, if test results are 4 or 5, depend- gram also complete a 4-unit international April 1 for the summer term. Students economics course, Economics of Global who have attended another college or ing on the subject examination (see chart on page 104), the student may receive Business (ECON-UB 11). No credit is university since their last attendance at awarded for any prior economics course- New York University must complete a college credit toward the degree and may not take the corresponding college-level work or AP economics exams. transfer application through the Students in the BS in Business & Common Application. course for credit. For additional informa- tion, consult the Office of Undergraduate Political Economy program complete Admissions at admissions.nyu.edu or call Intro to Macroeconomics (BPEP-UB 2) ADVANCED STANDING 212-998-4500. and International Economics (ECON- UA 238) in lieu of Economics of Global The Stern School of Business Business. Undergraduate College strongly recom- International Baccalaureate (IB) Transfer students who do not enter mends that students apply no more than The Stern School recognizes for advanced Stern with an approved intermediate- 20 advanced standing points toward standing credit most higher-level exami- level microeconomics course will be their degree requirements given that the nations passed with grades of 6 or 7 required to take either Competitive Stern curriculum has been carefully (exceptions include economics; see chart Analysis (ECON-UB 15) or Intermediate designed to ensure both intellectual on page 105). No credit is granted for Microeconomics (ECON-UA 10) to sat- depth and breadth throughout four years. standard-level examinations. Official isfy this requirement.

A D M I S S I O N 102 Statistics: THE ENROLLMENT PROCESS PLACEMENT EXAMINATIONS All students entering Stern are required To be enrolled, admitted candidates must Foreign language placement examination to fulfill a 6-unit statistics requirement. do the following: results may be used at Stern as follows: Students are eligible to waive out of 4 of 1. Accept the University's offer of admis- Students who wish to continue in a lan- the 6 total unit requirements based on sion and pay the required non-refund- guage previously studied in high school an appropriate score in AP Statistics. To able tuition deposit. or in college must take a language place- be waived from the 4-unit portion of the 2. If applicable, pay the required non- ment test or submit scores from the requirement, eligible students may take refundable housing deposit. College Entrance Examination Board or a proficiency examination in the first 3. Have their high school and college for- receive a recommendation for placement semester they arrive on campus. Upon ward a final transcript(s) to the from the appropriate language depart- passing the examination, the 4 units Undergraduate Admissions Processing ment by taking their corresponding from the usual statistics requirement are Center. The transcript must specify departmental placement exams offered redistributed to electives. Regardless of date of graduation. online or in person throughout the aca- advanced standing, all students must 4. File a medical report. demic year. For further information, take the 2-unit course entitled 5. Make an appointment with the indi- please speak with an academic adviser or Regression & Forecasting Models vidual school or division for academic the Director of Undergraduate Study of (STAT-UB 3). advisement. the appropriate language department. 6. Pay balance of tuition and/or housing Writing/Exposition: fees by the stipulated deadlines. All students entering Stern as first year 7. Register for classes when notified. students are required to complete an 8- unit writing sequence. No credit toward degree requirements is currently granted for prior coursework or examination results in writing or exposition.

A D M I S S I O N 103 ADVANCED PLACEMENT EQUIVALENCIES AP Examination and Grade Credits NYU Course Equivalent1 Stern Course Equivalent Art History 4 4 No course equivalent Elective Art History 5 4 ARTH-UA 1 & ARTH-UA 2 Elective Biology 4, 52 8 BIOL-UA 11-12 Natural Science Calculus AB 4, 5 No credit No course equivalent Placement Only Calculus BC 4 4 MATH-UA 121 Mathematics Calculus BC 5 8 MATH-UA 121 & MATH-UA 122 Mathematics Chemistry 4, 52 8 CHEM-UA 125,126/ CHEM 127, 128 Natural Science Chinese Language & Culture 4, 5 4 EAST-UA 204 Elective Computer Science A 4, 5 4 CSCI-UA 101 Elective Computer Science Principles 4, 5 4 No course equivalent Elective English Language No credit No course equivalent No Credit English Literature 4, 5 4 No course equivalent Elective Environmental Science 4, 5 4 No course equivalent Natural Science European History 4, 5 4 No course equivalent Elective French Language & Culture 4, 5 4 FREN-UA 30 Elective German Language & Culture 4, 5 4 GERM-UA 4 Elective Human Geography No credit No course equivalent No Credit Italian Language & Culture 4, 5 4 ITAL-UA 12 Elective Japanese Language & Culture 4, 5 4 EAST-UA 250 Elective Latin 4, 5 4 CLASS-UA 6 Elective Macroeconomics No credit No course equivalent No Credit Microeconomics No credit No course equivalent No Credit Music Theory 4 No course equivalent Elective Physics 1 4, 52 4 No course equivalent Natural Science Physics 2 4, 52 4 No course equivalent Natural Science Physics B 42,3 5 No course equivalent Natural Science Physics B 52 10 No course equivalent Natural Science Physics C-E&M. 4, 52 5 or 3 PHYS-UA 12 or PHYS-UA 93 Natural Science Physics C-Mech. 4, 52 5 or 3 PHYS-UA 11 or PHYS-UA 91 Natural Science Politics (U.S. Gov’t & Politics) 4, 5 4 No course equivalent Elective Politics (Comp. Gov’t & Politics) 4, 5 4 No course equivalent Elective Psychology 4, 5 4 PSYCH-UA 1 Elective Spanish Language & Culture 4, 5 4 SPAN-UA 4 Elective Spanish Literature & Culture 4 4 SPAN-UA 100 Elective Spanish Literature & Culture 5 4 SPAN-UA 100 or 200 Elective Statistics 4,5 No credit STAT-UB 14 Placement Only Studio Art No credit No course equivalent No Credit United States History 4, 5 4 No course equivalent Elective World History 4, 5 4 No course equivalent Elective

1Students who intend to major or minor in a CAS department should contact the departmental adviser for information on how applying AP credit will impact their major or minor requirements in a given departmental area (e.g. refer to the Art History Department for information on how applying AP Art History credit may impact major or minor completion). For foreign language placement, students should contact the respective department for spe- cific information. 2Students interested in prehealth should contact the prehealth advising department at [email protected] to find out how applying credit can impact their prehealth track. 3Students may not receive credit for both Physics B and C, or for either both of Physics 1 &2 and Physics C. 4See Stern Bulletin for information regarding Stern’s policy on advanced placement credit for Statistics.

A D M I S S I O N 104 INTERNATIONAL BACCALAUREATE (IB) EQUIVALENCIES IB Examination (HL only)1 Score Points Course Equivalent2 Stern Equivalent Arabic A or B 6, 7 8 No course equivalent Elective Biology 6, 7 8 BIOL-UA 11, 12 Natural Science Business and Management - - No course equivalent No Credit Chemistry 6, 7 8 CHEM-UA 125, 126/127, 128 Natural Science Chinese A 6, 7 8 No course equivalent Elective Chinese B 6, 7 8 EAST-UA 203, 204 Elective Classical Greek 6, 7 8 CLASS-UA 9,10 Elective Computer Science 6, 7 8 CSCI-UA 101, 102 Elective Dance - - No course equivalent No Credit Design Technology - - No course equivalent No Credit Economics - - No course equivalent No Credit English A 6, 7 8 No course equivalent Elective Environmental Systems and Societies (SL) - - No course equivalent No Credit Film - - No course equivalent No Credit French A 6, 7 8 No course equivalent Elective French B 6, 7 8 FREN-UA 11, 12 Elective Geography 6, 7 8 No course equivalent Elective German A 6, 7 8 No course equivalent Elective German B 6, 7 8 GERM-UA 3, 4 Elective Hebrew A 6,7 8 No course equivalent Elective Hebrew B 6, 7 8 HBRJD-UA 3, 4 Elective Hindi A, B 6, 7 8 No course equivalent Elective History 6, 7 8 No course equivalent Elective Indonesian A, B 6, 7 8 No course equivalent Elective Information Technology in a Global Society - - No course equivalent No Credit Italian A 6, 7 8 No course equivalent Elective Italian B 6, 7 8 ITAL-UA 11, 12 Elective Japanese A 6, 7 8 No course equivalent Elective Japanese B 6, 7 8 EAST-UA 249, 250 Elective Korean A 6, 7 8 No course equivalent Elective Korean B 6, 7 8 EAST-UA 256, 257 Elective Latin 6, 7 8 CLASS-UA 5, 6 Elective Mathematics 6, 7 8 MATH-UA 1213 Mathematics Macroeconomics - - No course equivalent No Credit Music - - No course equivalent No Credit Persian A or B 6, 7 8 No course equivalent Elective Philosophy 6, 7 8 No course equivalent Elective Physics 6, 7 8 No course equivalent Natural Science Portuguese A 6, 7 8 No course equivalent Elective Portuguese B 6, 7 8 PORT-UA 3, 4 Elective Psychology 6, 7 8 PSYCH-UA 1 (for 4 units) Elective Social & Cultural Anthropology 6, 7 8 ANTH-UA 1 (for 4 units) Elective Russian A 6, 7 8 No course equivalent Elective Russian B 6, 7 8 RUSSN-UA 3, 4 Elective Spanish A 6, 7 8 No course equivalent Elective Spanish B 6, 7 8 SPAN-UA 3, 4 Elective Theater - - No course equivalent No Credit Turkish A or B 6, 7 8 No course equivalent Elective Urdu A or B 6, 7 8 No course equivalent Elective Vietnamese A, B 6, 7 8 No course equivalent Elective Visual Arts 6, 7 8 No course equivalent Elective 1No credit is awarded for any Standard Level (SL) examinations 2Students who intend to major or minor in a CAS department should contact the departmental adviser for information on how applying IB credit will impact their major or minor requirements in a given departmental area (e.g. refer to the Biology Department for information on how applying IB Biology credit may impact major or minor completion.) For foreign language placement, students should contact the respective department for specific information. 3Students who took Topic 9 receive 8 credits toward MATH-UA 121 & MATH-UA 122. If a student didn’t take Topic 9, the student would still receive 8 credits, but 4 will count for MATH-UA 121 and the other 4 as elective credits. Students who complete “further Math” HL may apply toward higher level math equivalencies.

A D M I S S I O N 105 ADVANCED LEVEL (“A-LEVEL”) EQUIVALENCIES

A-Level Exam Score Points1 Course Equivalent Afrikaans B or higher 8 No course equivalent Arabic B or higher 8 No course equivalent Art & Design - - No course equivalent Biology B or higher 8 BIOL-UA 11, 12 Business - - No course equivalent Chemistry B or higher 8 CHEM-UA 125, 126/127, 128 Chinese B or higher 8 EAST-UA 203, 204 Classical Greek B or higher 8 CLASS-UA 9,10 Classical Studies B or higher 8 No course equivalent Computing B or higher 8 CSCI-UA 101, 102 Economics - - No course equivalent English Literature B or higher 8 No course equivalent French B or higher 8 FREN-UA 11, 12 Geography B or higher 8 No course equivalent German B or higher 8 GERM-UA 3, 4 Government & Politics B or higher 8 No course equivalent Hindi B or higher 8 No course equivalent History B or higher 8 No course equivalent Italian B or higher 8 ITAL-UA 11, 12 Latin B or higher 8 CLASS-UA 5, 6 Marathi B or higher 8 No course equivalent Mathematics B or higher Case Specific MATH-UA 121/MATH-UA 1222 Physics B or higher 8 PHYS-UA 11,12 Portuguese B or higher 8 PORT-UA 3, 4 Psychology B or higher 4 PSYCH-UA 1 Religious Studies B or higher 8 No course equivalent Sociology B or higher 8 No course equivalent Spanish B or higher 8 SPAN-UA 3, 4 Tamil B or higher 8 No course equivalent Telugu B or higher 8 No course equivalent Urdu B or higher 8 No course equivalent

1Students who intend to major or minor in a CAS department should contact the departmental adviser for information on how applying AP credit will impact their major or minor requirements in a given departmental area (e.g. refer to the Art History Department for information on how applying AP Art History credit may impact major or minor completion). For foreign language placement, students should contact the respec- tive department for specific information. 2Course equivalency and credit allocation is determined by the Exam Board under which a student completed the exam. See an academic adviser for clarification on placement and credit recommendation.

A D M I S S I O N 106 Tuition, Fees, & Financial Aid

Tuition & Fees Following is the schedule of fees estab- ID and Password. Once in the Albert Basic Health Insurance lished by the Board of Trustees of New Student Center, students should click Benefit Plan York University for the academic year on the View Bursar Account link 2019-2020. The Board of Trustees located under the Finances menu. This Full-time students are automatically reserves the right to alter this schedule links to the secure eSuite website. enrolled.* All others can refer to the without notice. Students may also invite parents/autho- Student Health Center website for Note that the registration and serv- rized users to access their eSuite other health benefit plans at nyu.edu/life/safety-health-wellness/stu- ices fee covers memberships and dues to account. dent-health-center. the student's class organization, and A fee will be charged if payment is entitles the student to membership in not made by the due date indicated on such University activities as are sup- the student's statement. The unpaid Other Fees & Charges ported by this allocation and to receive balance of a student's account is also Fees are subject to change. Contact the regularly those University and college subject to an interest charge of 12% per NYU Bursar’s Offce for the most up-to- publications that are supported in whole annum from the first day of class until date information. or in part by the student activities fund. payment is received. It also includes the University’s health Holders of New York State Tuition Application & services, emergency and accident cover- Assistance Program Awards are allowed Acceptance Fees: age, and technology fee. credit toward their tuition fees in the All fees are payable at the time of amount of their entitlement provided A non-refundable fee of $80 is required registration. The Office of the Bursar is they are New York State residents, are for all undergraduate applicants. A located at 383 Lafayette Street. Checks enrolled on a full-time basis, and pres- $500 non-refundable deposit is due and drafts are to be drawn to the order ent with their schedule/bill the Award upon acceptance and will be credited to of New York University for the exact Certificate for the applicable term. a student’s account once registered for amount of the tuition and fees Students who receive awards after classes. required. In the case of overpayment, registration will receive a check from the balance is refunded on request by the University after the New York State filing a refund application in the Office payment has been received by the of the Bursar. Office of the Bursar and the Office of Students can use the NYU the University Registrar has confirmed *A waiver option is available. Students Electronic Suite (eSuite) for e-bill, e- eligibility. automatically enrolled in the Basic Plan or payment, and e-refunds. Students can Visit the NYU Bursar’s website at the Comprehensive Plan can change between access their eSuite account via a single nyu.edu/bursar/tuition.fees for up-to-date plans or waive the plan entirely (as long as sign-on by logging onto the Albert listings of the University’s tuition and they show proof of other acceptable health Student Center using their NYU Net fees charges. insurance).

Credits Enrolled Tuition Registration & Services Fees Total 1 $1,508 $498.00 $2,006.00 2 $3,016 $568.00 $3,584.00 3 $4,524 $638.00 $5,162.00 4 $6,032 $708.00 $6,740.00 5 $7,540 $778.00 $8,318.00 6 $9,048 $848.00 $9,896.00 7 $10,556 $918.00 $11,474.00 8 $12,064 $988.00 $13,052.00 9 $13,572 $1,058 $14,630.00 10 $15,080 $1,128 $16,208.00 11 $16,558 $1,198 $17,786.00 12 to 18* $25,641 $1,312 $26,953.00 19 $27,149 $1,382 $28,531.00 20 $28,657 $1,452 $30,109.00 Stern Academic Support Fee (per term): 12 or more units: $495.00 fat charge * Students must be enrolled in 12-18 units per term to be considered full-time.

T U I T I O N , F E E S , A N D F I N A N C I A L A I D 107 Course Fees: PAYMENT PLANS registration, or part-time enrollment. Certain courses charge additional fees Charges for these enrollments will be assessed at the time of registration for Deferred Payment Plan: based on the then-current tuition rates. that particular course. The Deferred Payment Plan allows stu- Refunds will be made in full for unused dents to pay 50% of their net balance semesters and in accordance with the Finance Charge: due for the current term on the pay- University refund policy for any semes- ment due date and defer the remaining ter in which a student is currently reg- A Finance Charge will be imposed on 50%, which is split into two equal pay- istered. Students transferring between unpaid student accounts from the first ments of 25% each, until later in the schools of the University that have dif- day of classes until the outstanding bal- semester. This plan is available to stu- ferent tuition rates and those students ance is paid in full. The amount of the dents who meet the following eligibil- who change on-campus residence halls, finance charge is determined by apply- ity requirements: room types, and/or meal plans, also ing a periodic rate of 1% per month to • They are matriculated and regis- resulting in different rates, will be sub- the "average daily balance" of the stu- tered for 6 or more units. ject to adjustments based on differences dent’s account. The corresponding • They are without a previously existing during the first semester cov- annual percentage rate is 12%. unsatisfactory University credit ered under the agreement. record. Housing & Meal Plan Fees: • They are not in arrears for any ARREARS POLICY On-campus housing rates for under- University charge or loan. The University reserves the right to graduate and graduate students and deny registration and withhold all dining plan information are available The plan includes a nonrefundable information regarding the record of any through the NYU Office of Residential application fee of $50.00 which is to be student who is in arrears in the pay- Life & Housing Services at nyu.edu/ included with the initial payment on ment of tuition, fees, loans, or other students/student-information-and- the payment due date. Interest at a rate charges (including charges for housing, resources/housing-and-dining/on-campus- of 1% per month on the unpaid balance dining, or other activities or services) living. A non-returnable housing will be assessed if payment is not made for as long as any arrears remain. deposit of $1,000 is due upon acceptance. in full by the final installment due date. A late payment fee of $25 per installment will be assessed on any late WITHDRAWAL & International Student Fee: REFUND OF TUITION New York University policy requires payments. Students who for any reason find it the $90 International Student Fee to be A separate deferred payment plan impossible to complete a course for charged to an international student application and agreement is required which they have registered should con- every time the student registers for for each semester this plan is used. The sult with an academic adviser. An offi- classes. This means the student will be Deferred Payment Plan is available via cial withdrawal must be filed either on charged for registration in the fall eSuite. Log onto eSuite and click the Albert (through the first three weeks of semester and again in the spring semes- "Payment Plans" tab. For additional the term only) or in writing on a com- ter. If the student chooses to enroll for information, visit the Office of the nyu.edu/bursar/ pleted Change of Program (drop/add) summer classes, the student will be Bursar website at paymentplans or call 212-998-2806. form with the Office of the University charged only once for the summer. Registrar. Note: An offcial withdrawal must be fled if a course has been canceled, Late Registration Fee: Tuition Management Systems Plan: and in this case the student is entitled to a Initial registration commencing refund of tuition and fees paid. between nine days through the third New York University offers a four- Withdrawal from courses that have not week of the semester will incur a late month, semester-based payment plan in been canceled does not necessarily entitle the registration fee of $50. Registration partnership with Tuition Management student to a refund of tuition paid or a starting on the fourth week and forward Systems (TMS). This allows for all or a cancellation of tuition still due. A refund will incur a late registration fee of portion of college costs to be spread out of tuition will be made provided such $100. over four months without interest. withdrawal is fled within the scheduled There is a flat $50 enrollment fee for refund period for the term (see schedule Maintaining Matriculation Fee: setting up the plan each semester. below). Students may enroll online at Students who are not enrolled in any Merely ceasing to attend a class does nyu.afford.com or call Tuition not constitute official withdrawal nor classes, but are maintaining matricula- Management Systems at 800-722-4867. tion for the term, are required to pay a does notification to the instructor. A stop payment of a check presented for $498 maintaining matriculation fee per Fixed Payment Plan: term. A non-refundable registration and tuition does not constitute withdrawal services fee of $498 is applicable per The Fixed Payment Plan is available to nor does it reduce the indebtedness to term. The total of both fees to maintain matriculated full-time undergraduate the University. A $20 fee is charged to matriculation is $996. students who are not receiving any form students who submit an electronic of financial aid (including loans) or check payment if the electronic check is returned unpaid. There is also a $25 Replacement ID Charge: scholarship. Students must join this plan in the fall semester for a minimum late payment fee, so the total fee a stu- Students who receive a replacement ID of two years/four semesters and a maxi- dent would be charged for an unpaid card from the Office of Public Safety are mum of four years/eight semesters. The payment is $45, in addition to any assessed a $25 charge. plan covers tuition, registration and tuition not canceled. There is no fee for services fees, room, and board. Increases requesting a stop payment on a refund in fees, such as academic support fees check. and insurance fees, will be payable each The date on which the Change of registration, as incurred, at the then- Program form is filed, not the last date current rate. This plan does not cover of attendance in class, is considered the summer registration, winter session official date of withdrawal. It is this

T U I T I O N , F E E S , A N D F I N A N C I A L A I D 108 date that serves as the basis for comput- ing any refund granted the student. The Refund Schedule below is for students who are completely The refund period (see Refund Schedule withdrawing from all courses during fall and spring semesters only. on this page) is defined as the first two Note: The refund schedule is not applicable to students whose registration remains calendar weeks of the term for which within the fat-fee range. application for withdrawal is filed. The processing of refunds takes approxi- 100% of tuition and fees Withdrawal on or before the official opening mately two weeks. date of the term A student may not withdraw from a class during the last three weeks of the 100% of tuition only Withdrawal on the second day after the fall or spring semester or the last three official opening date of the term through the days of each summer session. end of the first calendar week (The frst calen- Exceptions to the published refund dar week consists of the frst seven calendar days schedule may be appealed in writing to beginning with the offcial opening date of the the refund committee of the school of term, not the frst day of the class meeting.) registration and should be supported by 70% of tuition only Withdrawal within the second calendar week appropriate documentation regarding of the term the circumstances that warrant consid- 55% of tuition only Withdrawal within the third calendar week eration of an exception. Exceptions are of the term rarely granted. Students who withdraw should review the “Refunds” page on 25% of tuition only Withdrawal within the fourth calendar week the Office of the Bursar’s website at of the term nyu.edu/bursar. NO REFUND Withdrawal after completion of the fourth Federal regulations require adjust- calendar week of the term ments reducing financial aid if a stu- dent withdraws even after the NYU The Refund Schedule below is for students who are dropping classes, but refund period. Financial aid amounts will remain enrolled in at least one course during fall and spring semes- will be adjusted for students who with- ters only. draw through the ninth week of the semester and have received any federal 100% of tuition and fees Courses dropped during the first two weeks grants or loans. This adjustment may of the term result in the student's bill not being fully paid. NYU will bill the student NO REFUND Courses dropped after the first two weeks of for this difference. The student will be the term responsible for payment of this bill before returning to NYU and will remain responsible for payment even if Academic Standards on page 119 for drawal after the refund period becomes the student does not return to NYU. further information and to prevent necessary. Refunds are paid by For any semester a student receives jeopardizing future semesters of aid. GradGuard to the University for credit any aid, that semester will be counted to the student’s account. Visit in the satisfactory academic progress TUITION INSURANCE gradguard.com/nyu for more information. standard. This may require the student REFUND PROGRAM to make up units before receiving any further aid. Please review Semester NYU encourages all students to pur- Course Loads on page 113 and chase tuition insurance in case a with-

Financial Aid New York University awards financial APPLYING FOR FINANCIAL • Undocumented Student Financial aid in an effort to help students meet AID AT NYU Aid Application—All frst year and NYU Office of Financial Aid the difference between their own The following required applications transfer/second bachelor’s degree appli- 383 Lafayette Street resources and the cost of education. All must be submitted by the NYU dead- cants who are undocumented. 212-998-4444 awards are subject to availability of lines for a student to be considered for nyu.edu/fnancial.aid funds and the student’s demonstrated NYU scholarship: The following applications are sug- need. In addition, students must meet • CSS Profile—All frst year appli- gested for eligible applicants: the published filing deadlines. cants regardless of citizenship status • Free Application for Federal and transfer/second bachelor’s degree Student Aid (FAFSA)—All appli- The Office of Financial Aid applicants who are U.S. citizens, per- cants who are U.S. citizens, perma- Online manent residents, eligible non-citizens, nent residents, or eligible non-citizens or undocumented; applicants whose (i.e. refugees, etc). Visit Financial Aid & Scholarships at • New York State Tuition Assistance nyu.edu/fnancial.aid for full access to parents are separated, divorced, or unmarried and do not live together Program (TAP— Only New York the information and procedures sum- State residents who are U.S. citizens, marized here. Particular attention will need to have both parents submit their own separate CSS Profle appli- permanent residents, eligible non-citi- should be given to (1) Types of zens, or undocumented students. Financial Aid (for scholarships, grants, cations. • CSS Profile Waiver Request for the loans), (2) How to Apply, and (3) Refer to the “How to Apply” area of the Applications & Forms. These topics are Noncustodial Parent—Under cer- tain circumstances, NYU will con- website for details specific to students included on the navigation bar located applying for admission to NYU’s on the home page. sider waiving the CSS Profle for the noncustodial parent if the information Washington Square campus, NYU Abu cannot be obtained. Dhabi, and NYU Shanghai.

T U I T I O N , F E E S , A N D F I N A N C I A L A I D 109 Undergraduate students seeking University-Sponsored & Stern School of Business. Selection is financial aid for summer courses may be University-Administered based on a combination of financial considered for summer scholarship. For Programs need and criteria established with the up-to-date information on summer donors and the school. In the spring scholarship, refer to the “How to Apply” Through the generosity of its alumni semester, the Office of the Dean solicits section of the website and select and other concerned citizens, as well as applicants through announcements to “Summer Financial Aid”. All students from funds supplied by the federal gov- the student body. will be reviewed for federal financial aid ernment, the University is able to pro- as long as they have a FAFSA on file, are vide an extensive financial aid program Loan Programs for its students. Awards are competitive taking a minimum of 6 units during the For information about Federal Loans summer term, and are otherwise eligible. and are based on a combination of aca- demic achievement, applicable test and Private (Non-Federal) Alternative Loans see “Types of Financial Aid” at Important Deadlines*: scores, and in most cases, financial need. No separate application is necessary. nyu.edu/fnancial.aid. For First Year Applicants • Early Decision I: Federal Grants Student Employment CSS Profile—November 15** Eligibility is reviewed based on submis- Wasserman Center for Career • Early Decision II: sion of the FAFSA. Development CSS Profile—January 15** 133 East 13th Street, 2nd Floor; • Regular Decision: State Grants 212-998-4730 CSS Profile—February 20 nyu.edu/careerdevelopment New York State offers a wide variety of Most financial aid award packages For Transfer Applicants grants and scholarships to residents, include work-study. This means that Fall/Summer Admission: subject to the annual availability of students are eligible to participate in CSS Profile—April 1 funds. Application is made directly to the Federal Work-Study Program and (to receive a final financial aid the state and grants are awarded by the may earn up to the amount recom- award in May/June) state. New York State programs are mended in their award package. Work- Spring Admission: listed at hesc.ny.gov. study wages are paid directly to the CSS Profile—November 1 student on a biweekly basis and are nor- (to receive a final financial aid Some students from outside New York mally used for books, transportation, award in December) State may qualify for funds from their and personal expenses. own state scholarship programs that can be used at New York University. Resident Assistantships Eligibility for Financial Aid Contact individual state financial aid To be considered for financial aid, stu- agencies to ask about program require- Resident assistants reside in the resi- dents must be officially admitted to ments and application procedures (call dence halls and are responsible for NYU or matriculated in a degree pro- 800-433-3243 to obtain the phone organizing, implementing, and evaluat- gram and making satisfactory academic number and address or search online at ing social and educational activities. progress toward degree requirements. studentaidhelp.ed.gov). Upon receiving Compensation is room and/or board, Most undergraduate institutional schol- an eligibility notice from a state pro- and/or a stipend. Visit nyu.edu/life/ arship awards are automatically gram, submit it immediately to the living-at-nyu/on-campus-living/staff/ renewed each year. U.S. citizens, perma- NYU Office of Financial Aid. student-staff for applications and further nent residents, or eligible non-citizens information. must submit the FAFSA each year to be Scholarships & Grants from reviewed for federal financial aid. Other Organizations Tuition Remission Students admitted in fall 2018 or later Withdrawal Students may be eligible for a private scholarship or grant from an outside who are undergraduate dependents of Students receiving federal student aid agency. Some sources to explore are NYU employees with tuition remission who withdraw completely may be employers, unions, professional organi- benefits may be eligible for scholarship billed for remaining balances resulting zations, and community and special above and beyond their tuition remis- from the mandatory return of funds to interest groups. A number of extensive sion benefit if they would have been eli- the U.S. government. The amount of scholarship search resources are avail- gible for an amount greater than the federal aid "earned" up to that point is able free online and several are featured determined by the withdrawal date and at nyu.edu/fnancial.aid. Students must * All deadlines are at 11:59 pm Eastern a calculation based upon the federally notify the Office of Financial Aid if Standard Time. If all required applica- prescribed formula. Generally, federal they receive funds from any of these tions are filed on time, admitted first year assistance is earned on a pro-rata basis. sources. Financial aid must not exceed a students should receive their financial aid student’s estimated cost of attendance, package within 24-48 hours of being Scholarships & Grants including outside scholarships and admitted. grants. ** Early Decision I/II applicants whose Eligibility for merit-based and/or need- parents are separated, divorced, or unmar- based scholarships at NYU is deter- ried and do not live together have five addi- mined upon entrance to the University Stern Scholarships for tional days for their noncustodial parent to based on prior academic strengths and, Matriculated Students submit their CSS Profile or for the appli- if applying for financial aid, a student’s While the majority of scholarships are cant to submit the CSS Profile Waiver demonstrated financial need. Most awarded to students at the time of Request for the Noncustodial Parent undergraduate scholarships at NYU are admission, each year through the gen- (November 20 for Early Decision I and based on a combination of need and erosity of alumni and corporate donors, January 20 for Early Decision II). All merit and require that students file NYU Stern accepts applications for a other applicants must submit the noncusto- their financial aid applications on time limited number of special scholarships dial application or waiver by the same deadline as their custodial parent. for consideration. from matriculated students at the NYU

T U I T I O N , F E E S , A N D F I N A N C I A L A I D 110 tuition remission under the traditional Student Responsibilities • You must respond immediately to scholarship review process. To be con- • Consult nyu.edu/fnancial.aid for all all requests from the Office of Financial sidered for an additional amount, a stu- financial aid application deadlines. Aid. Failure to comply may result in dent must file the CSS Profile on time Failure to meet the NYU deadline may the cancellation of your aid. and have financial need based on the result in a reduction of your aid eligi- • Consult with the Office of Financial CSS Profile. Details about tuition bility. Aid immediately if you reduce your remission eligibility information can be • Use NYU Albert at albert.nyu.edu academic program to fewer units, or if obtained at nyu.edu/employees/beneft. to accept your financial aid awards. you are enrolled full-time (at least 12 • If you submit documents to the units) but intend to begin part-time Employee Education Plans Office of Financial Aid, please put your (less than 12 units). Also contact the Many companies pay all or part of the University I.D. number on each page Office of Financial Aid if there is a tuition of their employees under tuition and keep a copy for yourself. Do not change in your housing status. A refund plans. Employed students submit originals. change in enrollment or housing status attending the University should ask • Be certain that you understand the may affect the financial aid you receive. their personnel officers or training conditions of the awards you accept. • Be sure to notify the Office of the directors about the existence of a com- Contact the Office of Financial Aid if University Registrar if you move by pany tuition plan. Students who receive you have any questions. updating your contact information via albert.nyu.edu. We use tuition reimbursement and NYU • You must adhere to satisfactory aca- NYU Albert at employees who receive tuition remis- demic progress standards to remain eli- the records of the Office of the sion from NYU must notify the Office gible for federal financial aid and, in University Registrar to administer of Financial Aid that they receive this some cases, state aid. The Office of financial aid. benefit. Financial Aid will send reminders, but it is the student's responsibility to Optional Payment Plans know and heed the requirements. • You must notify the Office of Payment plans can help manage educa- Financial Aid immediately if you tional expenses. Options are described receive an award or financial aid from on page 108 as well as at nyu.edu/ any additional source. A change in your bursar/payment.info/plans. resources may affect your eligibility for student aid.

T U I T I O N , F E E S , A N D F I N A N C I A L A I D 111 Academic Advising, Registration, & Policies and Procedures

Academic STERN OFFICE OF ACADEMIC PRELAW ADVISING PHYS-UA 12). Students are also ADVISING Stern’s prelaw adviser is available to encouraged to take Writing the Essay Advising The Stern Office of Academic meet with students interested in a (EXPOS-UA 121) as their core writ- Advising is an important resource for law career. Prelaw students should ing course and an additional English Stern Office of undergraduates during their four consult the Stern Undergraduate course as an elective. Academic Advising years at Stern. Stern educates through College advising website for perti- Some professional schools may Tisch Hall, Suite 616 in-classroom learning and co-curricu- nent information to help them decide require additional courses. Stern stu- 40 West Fourth Street lar experiences, and the Stern Office whether to apply to and attend law dents pursuing this path typically use 212-998-4020 of Academic Advising provides com- school. Although there is no pre- all their elective space completing stern.nyu.edu/ucadvising prehensive guidance to help students scribed prelaw curriculum, there are these requirements and may exceed design a well-rounded academic pro- several business and liberal arts the amount of units normally gram to meet that goal. The office’s courses that may interest students required for degree completion, professional staff partner with stu- considering law school. Prelaw infor- which in turn may affect financial aid dents from the start of their Stern mation sessions are offered in the fall, status. Note that being “premed” is career to map out their undergraduate and students are encouraged to meet not a concentration or minor and is experience, tailored to individual with the prelaw faculty adviser dur- not an irrevocable commitment. skills and interests. ing their senior year to discuss the Stern offers one-on-one advising law school application process. THE ACADEMIC RESOURCE to all students to assist in curriculum CENTER planning as well as to address topics PREHEALTH ADVISING The Academic Resource Center such as course scheduling, choosing a (ARC), located at 18 Washington concentration, selecting a minor, Students interested in fulfilling requirements for postgraduate health Place, is the place to go when a stu- study abroad planning, and partici- dent doesn’t know where to turn with pating in co-curricular activities. In careers – from medicine and dentistry to the allied-health professions – are academic navigation questions. It addition to individual advising offers a variety of academic support appointments, the office coordinates a encouraged to meet with the prepro- fessional Stern adviser as early in their resources, including cross-school series of student programming to advising and peer tutoring through supplement each student’s academic academic career as possible. Prehealth students should also take advantage the University Learning Center, as experience. well as referrals to other academic Students are encouraged to meet of the resources offered through the College of Arts & Science’s resources from its SMART Bar (ARC’s with an academic adviser as often as information desk for questions about they wish but at least once a semester Preprofessional Advisement Office, Silver Center, 100 Washington Student Mentoring, Academic (preferably prior to course Resources, & Tutoring). Additional registration). Square East, Room 901, 212-998- 8160, prehealth.cas.nyu.edu. resources at the ARC include comput- The program of study for a stu- ers and ITS printers, an Argo Tea STERN UNDERGRADUATE dent interested in any of these areas Café, and a variety of study FACULTY AND TRACK minimally requires completion of the spaces. Also located in the Academic CHAMPIONS following courses: General Chemistry Resource Center are academic advis- ing and support services for the Each academic department and track I and Lab (CHEM-UA 125), General Collegiate Science & Technology has one or more faculty members Chemistry II and Lab (CHEM-UA Entry Program and Higher Education responsible for advising Stern under- 126); Principles of Biology I and II Opportunity Program. For more graduates regarding academic interests (BIOL-UA 11, BIOL-UA12), information visit nyu.edu/students/ and career ambitions. All faculty and Principles of Biology Lab (BIOL-UA undergraduates/academic-services/ track champions have office hours ded- 123); Organic Chemistry I and Lab undergraduate-advisement/ icated to these special advising respon- (CHEM-UA 225), Organic academic-resource-center; call 212-998- sibilities. A listing of current faculty Chemistry II and Lab (CHEM-UA 2ARC (2272); or email and track advisers can be found on the 226); either Biochemistry I (CHEM- [email protected]. Stern Undergraduate College website UA 881) or Protein Biochemistry at stern.nyu.edu/ucadvising. (BIOL-GA 1045); and General Physics I and II (PHYS-UA 11,

A C A D E M I C A D V I S I N G , R E G I S T R AT I O N , A N D P O L I C I E S A N D P R O C E D U R E S 112 THE UNIVERSITY LEARNING • Workshops on academic effec- information, visit cas.nyu.edu/ewp/ CENTER tiveness and time management, writing-center or contact the Writing Stern students are also eligible to and Center, 411 Lafayette Street, 4th Floor, receive academic support through the • Computer-assisted training. New York, NY 10003; 212-998-8866; University Learning Center (ULC), For more information, visit the [email protected]. which has two convenient locations: University Learning Center’s website the Academic Resource Center and at nyu.edu/students/academic-services/ THE MOSES CENTER undergraduate-advisement/ University Hall. The ULC provides The Henry & Lucy Moses Center for individual and group review sessions academic-resource-center/ tutoring-and-learning. Students with Disabilities (CSD) pro- for specific courses as well as Academic vides reasonable accommodations and Skills Workshops free of charge. other services to NYU undergraduate The ULC’s mission is to assist stu- THE WRITING CENTER and graduate students with disabilities. dents in developing the knowledge The Writing Center is a place where Types of disabilities include hearing base, skills, and strategies that will NYU students can obtain help with and visual impairments, mobility help them become confident, inde- their writing. As part of NYU's impairments, learning disabilities and pendent, and active learners. Its vari- Expository Writing Program in the attention deficit disorders, chronic ill- ous academic support services are College of Arts & Science, the Writing nesses, and psychological disabilities. intended to help students meet the Center specializes in one-on-one teach- For more information, visit nyu.edu/csd challenge of NYU’s rigorous aca- ing and learning. Students work closely or contact The Moses Center, 726 demic standards. with professional consultants and Broadway, 3rd Floor, New York, NY Services offered by the ULC include: upper-level undergraduate peer tutors 10003; 212-998-4980 for a consulta- • Individual and group tutoring at every stage of the writing process on tion. sessions, any piece of writing except for exams. • Course-specific study groups, Writing Center sessions are 40-45 • Examination review sessions, minutes long. Students may schedule • Study skills assessment, appointments online up to 10 days in advance during the academic year and throughout the summer. For more

Registration Separate and complete registration by the Stern Office of Academic or elective) in courses that are in high must be made for each term of work. Advising, Tisch Hall, Suite 616. A late demand, accelerate their degree com- New students are notified by the registration fee is charged (see Refund pletion, and concentrate on personal Stern Office of Academic Advising of Period Schedule on page 109). interests. Matriculated students who registration procedures upon admis- wish to take courses during the sion. Currently enrolled students SUMMER SESSIONS & January term are urged to take advan- should use Albert, the NYU registra- JANUARY TERM tage of the registration advising tion and student information services period in October. For more informa- website, to register for courses each The 12-week summer is divided into tion regarding registration timelines, term. This process occurs in April for two 6-week sessions. Students may course offerings, and tuition, visit the fall term and in November for the choose from day and evening courses nyu.edu/winter. spring term. Announcements con- in either or both terms. A student who registers for both 6-week ses- cerning these dates are advertised by SEMESTER COURSE LOADS the Office of the University Registrar sions may take a maximum of 16 as well as the Stern Office of units total, but the unit load for Matriculated full-time students are Academic Advising. For each regis- either session may not exceed 10 expected to complete at least 32 units tration period, students are assigned a units. Matriculated students who per academic year. To be in good aca- registration appointment time by the wish to attend summer sessions are demic standing, students must com- Office of the University Registrar urged to take advantage of the regis- plete a minimum of 24 units per that is determined based on the stu- tration advising period in February. academic year. Failure to maintain dent’s number of earned units at the Students may add courses through full-time standing prior to the final time of registration. This appoint- the third day of classes during each degree semester results in a credit ment time appears in the student cen- summer session and may withdraw deficiency notation being placed on a ter in Albert. This personal date and from courses through the fourth week student’s record and the student must time for registration is not subject to of classes. Summer courses are listed meet with an academic adviser to dis- adjustment. Payment and other perti- on Albert beginning in December. cuss ways to achieve proper academic nent information are available For more information, visit progress. Students are only permitted through the Office of the Bursar. nyu.edu/summer. to register on a part-time basis (fewer Refer to page 107-108 for more infor- January term occurs during the than 12 units) during a summer ses- mation on payments. second part of the NYU winter recess. sion and/or the final semester of their Students who wait to enroll in The session offers students the chance degree program. classes until the registration period to enroll in one course. A student who Permission from the Stern Office immediately prior to the beginning of wishes to enroll in more than one of Academic Advising is required if a each semester are required to pay their course for the January term may meet student wishes to take more than 18 tuition and fees to the Office of the with an academic adviser to discuss it units in a given semester. Students Bursar within 48 hours of registering. as an option. January term courses who wish to do so must fill out the Registration after the close of the stated enable students to earn academic “Request to Increase Semester Credit registration periods must be approved units (toward a concentration, minor, Load” form and meet with an aca-

A C A D E M I C A D V I S I N G , R E G I S T R AT I O N , A N D P O L I C I E S A N D P R O C E D U R E S 113 demic adviser for final approval once course to ensure proper academic AUDITING COURSES the form is completed. Permission to progress and satisfactory completion The Stern Undergraduate College take more than 18 units per term is of degree requirements. Albert pro- does not permit auditing of Stern limited to students who have com- vides students with various tools to undergraduate courses. Students may pleted at least 32 units of work while assist with course adjustment and the not attend courses for which they matriculated at Stern and who have waitlisting process. For an outline of have not registered. maintained a cumulative grade point those features and instructions, con- average of 3.0 or better. First year stu- sult the Registrar’s website at nyu.edu/ dents may be given permission to students/student-information-and-resources/ INDEPENDENT STUDIES take more than 18 units in a semester registration-records-and-graduation/ Students registering for Independent only after completing one full semes- registration/registering-on-albert.html. Study for a given semester or session ter of coursework and only if the stu- Note that each school and/or aca- must meet the deadlines set by each dent has a GPA of 3.5 or better. All demic department may have different respective department. To be eligible students taking more than 18 units in waitlist policies. For non-Stern for Independent Study, students must a given semester are subject to extra course-specific information, contact be Bachelor of Science candidates at tuition and fees. Students enrolled in the appropriate department directly the Stern School of Business fewer than 12 units in their final for assistance. Further details con- Undergraduate College, have an over- semester or who exercise the option to cerning waitlists are made available all GPA of at least 3.3, and junior or increase their unit load at any point from the Office of the University senior standing. Well in advance of in their academic career are encour- Registrar. Waitlists expire after the the deadline, qualified students aged to visit the Office of Financial first two full weeks of classes at the should fill out an Independent Study Aid and the Office of the Bursar to beginning of each semester; at that Authorization Form, which entails find out how their semester course time all students are removed from seeking approval for the project by load impacts their tuition costs or the waitlist. both the department chair or co-chair financial aid. In addition, interna- and the faculty member who serves as tional students who pursue an WITHDRAWAL FROM instructor for the course. approved semester of either an COURSES Students who are approved are increased course load or fewer than 12 registered by their academic adviser units are encouraged to meet with the A student may officially withdraw for the 1-unit Independent Study Office of Global Services to discuss from a course if continuation is made course. Independent Study any potential implications on their impossible for reasons beyond the Authorization Forms can be obtained Visa status. student’s control. Full semester in the Stern Office of Academic While the Stern curriculum only courses dropped during the first two Advising or on the Stern requires that students earn a mini- weeks of the term do not appear on Undergraduate College advising web- mum of 128 units to meet most con- the transcript. Those dropped from site at stern.nyu.edu/portal-partners/ centration* and graduation the beginning of the third week current-students/undergraduate/ requirements, students may take up to through the ninth week of the term resources-policies/forms. and count toward their GPA 144 are recorded with a grade of W on the transcript. After the ninth week, no units while at Stern. Courses taken in MBA COURSES excess of 144 units that do not meet one may withdraw from a course.** degree requirements will be dis- Students who are ill or have a serious Stern juniors and seniors may apply counted from the student’s degree personal issue should contact the to take specific MBA-level courses chronologically (i.e. the most recent Stern Office of Academic Advising. with the following conditions: course taken that does not satisfy An official request to withdraw • All requests are subject to approval degree requirements will be dis- from a course is made via Albert from the Stern Undergraduate counted). Students on financial aid, using the Class Withdrawal Request Advising Office and the course however, may not receive funding for process. Students are required to meet department as well as subject to any units taken over 128 that do not with an academic adviser prior to space availability. Students should count toward graduation require- receiving approval for a class with- not adjust their schedules until they ments. Students who must take an drawal through the online process on are approved to take a course. excess of 128 units to meet their grad- Albert. Students who are under an • Courses may not include those uation requirements are encouraged to ongoing disciplinary investigation already being taught through the contact the Office of Financial Aid. may not petition to withdraw from a undergraduate program. class during that semester without • A maximum of three undergradu- approval from the Stern ates may enroll in a single MBA ADD-DROP Undergraduate College. Students course per semester. Students may add and drop courses should note that if withdrawing from • Course content must be relevant to during designated periods. No classes a class results in a semester course the student’s area of study. (With may be added after the established load of fewer than 12 units, they may approval, courses can fulfill concen- deadlines. be deemed “credit deficient” and have tration requirements or free electives.) a notation placed on their record This WAITLISTS may also have implications for stu- dents on financial aid and could *Some Stern/CAS concentration/major combi- During registration, most Stern impact international students’ Visa courses will open a waitlist when a nations necessitate exceeding the 128-unit status. (For more information, graduation requirement. section of a particular course has see Semester Course Loads on page closed. Students may use Albert to ** Half-semester courses (or courses under 113 and Academic Standards on a different class meeting calendar) may add themselves to a waitlist for a page 119). given course. Being waitlisted for a have different drop and withdrawal course does not guarantee admission deadlines. Each semester, the Advising into that course. Students are encour- Office publishes an Academic Calendar aged to register for an alternative outlining the specific deadlines for all courses scheduled throughout the semester.

A C A D E M I C A D V I S I N G , R E G I S T R AT I O N , A N D P O L I C I E S A N D P R O C E D U R E S 114 • Prerequisites must be satisfied. encouraged to submit written Grades for all IBEX courses are trans- (Undergraduate courses may count approval from that particular depart- ferred back to a student’s transcript as prerequisites.) ment to the Stern Office of Academic with a pass/fail grade and failing • MBA courses may not be taken on a Advising prior to their departure. grades factor into a student’s grade pass/fail basis. point average. IBEX participants are only permitted to take one additional STUDY ABROAD International Business Exchange Pro- pass/fail course at Stern after complet- REGISTRATION AND gram (IBEX) ing their semester abroad See page GRADING POLICIES Students may take up to two courses 117 for full Pass/Fail policy informa- toward a Stern concentration while tion. Students who wish to take courses toward a non-Stern major or NYU Study Away Programs abroad as part of the International Business Exchange Program (IBEX). minor must receive approval in writ- Students are permitted to take up to Students earn letter or numeric ing from that particular department two business courses at an NYU grades abroad and must receive a and provide confirmation to the Stern Study Away campus. Students who passing grade according to the host Office of International Exchanges & wish to take courses toward a CAS institution’s grading scale to transfer Special Programs. major or a cross-school minor are the units to their Stern curriculum.

Policies & All policies and procedures are sub- we would the work of another, any deemed to have an adverse effect on ject to change and students should quoted or closely paraphrased pas- the NYU Stern community. Procedures of always reference the Stern sages of our own previously written Undergraduate website for the most work, whether published or submit- 9) Carefully review and abide by the the College up-to-date policies. ted for course credit at Stern or any rules and policies of NYU as outlined other institution. in detail at nyu.edu/about/ STUDENT CODE OF policies-guidelines-compliance/policies- CONDUCT 4) Demonstrate dignity and integrity and-guidelines/code-of-ethical-conduct in all aspects of our involvement with and nyu.edu/about/policies-guidelines- At NYU Stern, we seek to engage our the School and University, including compliance/policies-and-guidelines, students, faculty, and alumni as life- participation in sponsored organiza- recognizing that being fully informed long partners in the process of learn- tions and activities, and situations in about NYU and Stern rules and codes ing, debate, and discovery. Academic which we may be seen to represent governing civil behavior and aca- and personal integrity are central to the School or University. These activ- demic integrity is an obligation of this mission. As members of our com- ities and situations include but are community membership. munity we commit to: not limited to student organizations As members of this community (including clubs, governments, and we understand that any violation of 1) Show respect for every member of honor societies), conferences and this Code of Conduct, whether com- the NYU community and refrain meetings, student-organized and mitted knowingly or out of igno- from all forms of intimidation, school-sponsored travel, interviews, rance, can result in disciplinary action harassment, and acts of prejudice that and interactions with alumni. and may result in a sanction up to infringe upon the rights of other and including expulsion from New members of the community. 5) Demonstrate sound judgment and York University. The Student Code of integrity in the submission of docu- Conduct was amended and approved 2) Exercise integrity in all aspects of ments, forms, and information to or by the Stern faculty in October 2011. our academic work including, but not on behalf of the School, University, or Membership in a global campus limited to the preparation and com- any member of those communities. community such as NYU Stern pletion of exams, papers, and all other requires mutual respect, considera- course requirements by not engaging 6) Work to preserve and be wise stew- tion, and concern for the well-being of in any method or means that provides ards of the University’s resources and others as well as a significant degree of an unfair advantage. facilities and respect the personal personal integrity and maturity. property of other members of the Students whose prior behavior has 3) a. Clearly acknowledge the work NYU community. been determined through the and efforts of others when submitting University’s or Stern’s student conduct written work as our own. The incor- 7) Conduct ourselves as law abiding processes to have been disruptive to poration of the work of others - members of both the NYU commu- the University community and/or including but not limited to their nity and our broader society – includ- antithetical to these qualities may be ideas, data, creative expression, and ing but not limited to (a) refraining precluded from participation in study direct quotations (which should be from behaviors that infringe upon the away programs, Stern travel study designated with quotation marks), or rights of others or disrupt the educa- courses, and Stern-sponsored confer- paraphrasing thereof - must be fully tional process and (b) acting in con- ences and/or competitions. and appropriately referenced using formity with NYU and Stern policies notations both in the text and the and public law. Plagiarism bibliography. Students are required to submit their b. Submitting the same or substan- 8) Refrain from behaving in ways that own work. Ideas, data, direct quota- tially similar work in multiple knowingly support, assist, or in any tions, paraphrasing, or any other courses, either in the same semester way attempt to enable another person incorporation of the works of others or in a different semester, without the to engage in any violation of the Code must be clearly referenced. To do oth- express approval of all instructors is of Conduct. Our support also includes erwise constitutes plagiarism. strictly forbidden. Limited quoting or reporting any observed violations of paraphrasing is permissible so long as Examples of plagiarism include the this Code of Conduct or other School following: we clearly identify and reference, as and University policies that are

A C A D E M I C A D V I S I N G , R E G I S T R AT I O N , A N D P O L I C I E S A N D P R O C E D U R E S 115 1) The use of other persons or services tive action/equal opportunity and at nyu.edu/about/policies-guidelines-com- to prepare written work that is sub- compliance with the Family pliance/policies-and-guidelines/university- mitted as a student’s own. Educational Rights and Privacy Act student-conduct-policy and 2) The use of previously or concur- (P.L. 93-380). Students should also stern.nyu.edu/portal-partners/current-stu- rently submitted papers or segments familiarize themselves with the dents/undergraduate/resources- thereof written by other students or University Guidelines on Bullying, policies/code-of-conduct). As participants by the students themselves. Threatening, and other forms of in school-sponsored travel, students 3) Submission of the same or very Disruptive Behavior, which can be are expected to commit to: similar papers in different sections of found at nyu.edu/about/ multiple-section courses by collabo- policies-guidelines-compliance/ 1. Show respect for every member of rating students. policies-and-guidelines/ the NYU community by refrain- university-student-conduct-policy ing from all forms of intimida- Students suspected of any form of pla- tion, sexual and physical giarism are subject to disciplinary Judiciary Committee harassment, and acts of prejudice action. The Stern Undergraduate Judiciary that infringe upon the rights of Committee is comprised of Stern other members of the community. Examinations upperclassmen and faculty. Stern fac- 2. Refrain from causing physical All communication—written, oral, or ulty members are appointed by the injury to themselves and others. otherwise—among students during Dean of the Undergraduate College Students will be held financially examinations is forbidden except or the Dean’s designee. An applica- and legally responsible for any and when approved by the instructor. The tion and interview process is held all damage they inflict upon other use of notes, books, other written each year for interested students. Any persons. materials, calculators, or other aids is member of the faculty, administra- 3. Refrain from causing damage to forbidden except when approved by tion, or staff, or any student may file real or personal property of others. the instructor. Providing or receiving a complaint against an undergraduate Students will be held financially information about the content of an student alleging a violation. and legally responsible for any and examination is forbidden except when Academic violations include but are all damage they inflict upon the approved by the instructor. The use of not limited to cheating and plagia- property of others. anyone else to take an examination for rism. A complainant must submit a 4. Preserve the quality of facilities a student is forbidden. The above- complaint in writing or by email to that students may visit or reside at mentioned items are intended to be the Dean’s designee. during their travels. illustrative of plagiarism and other Non-academic violations will be 5. Respect cultural differences. This forms of cheating. They are not all- referred to the University Office of includes observing the proper eti- inclusive. Student Conduct & Community quette in business/social settings Standards. Information regarding the (e.g. being punctual for appoint- ments, not speaking out of turn, Use of Technology judicial process can be found at nyu.edu/about/policies-guidelines-compliance/ etc.). Calculators, mobile devices, personal 6. Refrain from irresponsible behav- computers, wireless devices, and/or policies-and-guidelines/ university-student-conduct-policy.html. ior, including the inappropriate any electronic device not explicitly and/or excessive consumption of permitted by the instructor: alcohol. The use of electronic devices in the Disciplinary Sanctions 7. Refrain from leaving the host city classroom, including for taking exam- Students are expected to familiarize for any personal excursions or inations, is at the discretion of the themselves and comply with the rules trips (unless organized by Stern). instructor (permission may be com- of conduct, academic regulations, and 8. Refrain from operating motorized municated verbally or in writing). established practices of NYU and vehicles. Students who use unapproved devices Stern. Failure to abide by these codes 9. Refrain from participating in may be charged with academic mis- may result in referral to the Judiciary risky athletic/recreational activi- conduct. Committee and/or the University ties (i.e. scuba, parachuting, para- Office of Student Conduct & sailing, etc.). Resources (Libraries & Community Standards. The 10. Conduct themselves as law abid- Computer Usage) Library: Committee may levy a range of penal- ing members of both the NYU ties including expulsion. If pursuant community and broader society – Circulating library material may be to such rules, regulations, or practices, including but not limited to (a) borrowed only upon presentation of the withdrawal of a student is refraining from behaviors that the student’s own valid NYU photo required before the end of the term for infringe upon the rights of others ID. Noncirculating material (e.g., which tuition has been paid, a refund or disrupt the educational magazines, journals, and reference will typically be made according to process, and (b) acting in con- items) may not leave the library the standard schedule for refunds. formity with NYU and Stern under any circumstances. Stealing or policies and public law. vandalizing library materials is for- 11. Refrain from behaving in ways bidden. TRAVEL CODE OF CONDUCT & RESPONSIBILITIES that knowingly support, assist, or As mentioned in the Stern Code of in any way attempt to enable Conduct, students are expected to be All students who travel with the another person to engage in any familiar with and abide by the Undergraduate College of the Stern violation of the Code of Conduct. “University Student Conduct School of Business are expected to This includes the obligation to Policies”, which sets basic rules and maintain the highest standards of report any observed violations of covers issues of academic freedom, professional conduct and integrity. this Travel Code of Conduct or speaker invitations and demonstra- Students must comply with all other School and University poli- tions, and use of University facilities. College and University policies and cies that are deemed to have an “University Student Conduct procedures governing student con- adverse effect on the NYU Stern Policies” covers the policy on affirma- duct (see the NYU Rules of Conduct community.

A C A D E M I C A D V I S I N G , R E G I S T R AT I O N , A N D P O L I C I E S A N D P R O C E D U R E S 116 12. Check in on time and in person not obligated to admit late students GRADING PROCEDURES with the designated University or may choose to admit them only at Official on a daily basis. specific times and instructors are not Grading Guidelines for Core 13. Attend all mandatory events and obligated to readmit students who Courses at the Stern activities during the trip. leave class. Undergraduate College 14. Be on time to all scheduled events including daily check-ins on free NYU Stern strives to create courses Late Submission of that challenge students intellectually day(s). Assignments 15. Travel on the group flights pur- and meet the Stern standards of aca- chased by Stern both to and from Late assignments are either not demic excellence. To ensure fairness the destination. accepted or incur a grade penalty and clarity of grading, the Stern fac- unless due to documented serious ill- ulty has adopted a grading guideline Violations of the Stern Travel Code of ness or family emergency. Instructors for core courses with enrollment of Conduct & Responsibilities can result may make exceptions to this policy more than 25 students, in which in disciplinary action, which could for reasons of religious observance or approximately 35% of students will include (but is not limited to) aca- civic obligation only when the assign- receive an “A” or “A-” grade. In core demic sanctions, expulsion from the ment cannot reasonably be completed courses of less than 25 students, University, referral to the Judiciary prior to the due date and the student instructors are at liberty to give Committee or the Undergraduate makes arrangements for late submis- whatever grades they reason the stu- Dean or Dean’s designee. In situations sion with the instructor in advance. dents deserve while maintaining rig- where the violation is deemed egre- orous academic standards. For gious, students may be immediately General Behavior elective courses, the individual sent back to the U.S., bearing respon- Students must conduct themselves instructor or department is responsi- sibility for the cost of transportation with respect and professionalism ble for determining reasonable grad- to and from the airport as well as air- toward faculty, students, and others ing guidelines. line fees associated with flight present in class and follow the changes. instructor’s rules for classroom behav- Pass/Fail Option ior. Students who fail to do so may be The pass/fail option is designed to IN-CLASS BEHAVIOR AND asked to leave the classroom. encourage students to explore new EXPECTATIONS and potentially challenging courses throughout the University. The fol- The following policies are assumed to Collaboration on Graded Assignments lowing parameters apply to the be in force during all Stern courses pass/fail option: unless an instructor explicitly estab- Students may not work together on lishes alternate policies. graded assignment unless the instruc- • A maximum of four courses may be tor gives express permission. declared pass/fail during a student’s Laptops, Cell Phones, academic career. Smartphones, Recorders, and Other Electronic Devices Grades None of these devices may be used in Effective fall 2018, new grade point values have been assigned to letter class. grades. Listed in the chart below are the full range of letter grades and the numerical values used in the computation of the grade point average prior to fall 2018 and going forward. Grades and grade point averages prior to fall Attendance 2018 will not change. Attending class is required and fac- tored into a student’s grade. Faculty Letter Grade Point Value prior to fall 2018 Point Value as of fall 2018 may excuse absences only in the case A* 4.0 Excellent 4.0 of documented serious illness, family A- 3.7 3.667 emergencies, religious observance, or B+ 3.3 3.333 civic obligation. Students who miss B 3.0 Good 3.0 class for religious observance or civic B- 2.7 2.667 obligation should inform their C+ 2.3 2.333 instructor no later than the first week C 2.0 Satisfactory 2.0 of class. Recruiting activities and C- 1.7 1.667 business trips are not acceptable rea- D+ 1.3 1.333 sons for absence from class. If a stu- D 1.0 Passing 1.0 dent is absent from the first day of an F 0.0 Failing 0.0 intensive course, the instructor may request that the student be removed For example, an A in a 4-unit course earns the student 16 grade points from the course. (4 x 4.0); a B in a 4-unit course earns 12 grade points (4 x 3.0), and so on.

Arriving Late, Leaving Early, The following grades are registrar’s grades and cannot be recorded by an Coming & Going instructor. They are without numerical value and are ones for which credit is Students are expected to arrive to not granted except as noted. class on time and stay to the end of W—This is a registrar’s grade assigned when a student officially withdraws the class period. Arriving late or leav- from a course. ing class early impacts the course P—This is a registrar’s grade assigned when the student has registered for a grade. Students may enter class late course under the pass/fail option when credit is granted or for non-unit only if given permission by the courses. instructor and must do so without * No grade above A or value above 4.0 may be used. disrupting the class. Instructors are

A C A D E M I C A D V I S I N G , R E G I S T R AT I O N , A N D P O L I C I E S A N D P R O C E D U R E S 117 • No more than one course may be once the incomplete grades are recti- advanced standing credit. In addi- declared pass/fail in a given term. fied. (For more information on aca- tion, grades for courses taken at the • Courses that are used to satisfy aca- demic standards, see page 119). A School of Professional Studies (SPS) demic requirements may not be notation of I (incomplete) is granted are not factored into a student’s grade taken pass/fail. This includes for a single semester, without numeri- point average. Students should con- courses used to satisfy: cal value, and not included in the sult with an academic adviser regard- ° General education (liberal arts) grade point average. If the student ing these courses. requirements; does not then complete the course ° Business studies requirements; material in the appointed time (see Retaking Courses ° Business concentration require- below), the I becomes an F. No courses in which a passing grade ments (i.e., corporate finance, has been received (D or better) may consumer behavior, financial The following rules apply to all be retaken. Retaking a course that has statement analysis, etc.); grades of incomplete: been passed in previous semesters is a CAS major requirements; and ° 1. Students may sit in on the same violation of Stern’s policy and is not Minor requirements. ° course in a subsequent term for which counted toward graduation require- they have received an incomplete con- ments nor computed into the stu- Once a pass/fail application is sub- tingent upon space availability and dent’s GPA. A student may only mitted, the pass/fail designation is instructor permission. repeat a course if: irrevocable. 2. Make-up work must be completed • a failing grade was received. with the same instructor. If, however, Both the failing grade and the *If a student designates as pass/fail an the faculty member is not in resi- passing grade remain on the upper-level Stern elective required for a dence during the subsequent term transcript and both are calcu- concentration (e.g. corporate finance for a when coursework must be completed, lated into the GPA. A student finance concentration, financial statement the terms of the incomplete can be may retake a required course as analysis for accounting, etc.), it may resolved in consultation with the many times as needed until the impact the student’s ability to pursue that department chair. course is passed. In those concentration. 3. All work to complete an incom- instances, the F grade will be plete must be made up by the follow- factored into the cumulative Pass/fail grades are factored into the ing deadlines unless stipulated GPA as will the passing grade. grade point average as follows otherwise by the instructor: The units associated with the (ex. 4-unit course): Fall Term or January Term: Last passing grade will be factored Grade of P: 0 grade points; 4 units day of the following spring term. into the student’s earned hours. earned Spring Term or Summer Session: • a higher grade is required for Grade of F: 4 grade points; 0 units Last day of the following fall the completion of a minor or earned term. major in a specified course. Units earned for passed courses are Note: Students taking incomplete Both grades will appear and be eliminated from consideration for the grades in courses outside of Stern (e.g. factored into the GPA, however Dean’s List, graduation with honors, CAS, Tisch, etc.) are encouraged to the credit will only be earned and Beta Gamma Sigma (e.g. a full- consult with that School for details once. time student must take a minimum about their specifc grading policies in of 12 graded units to be eligible for regards to grades of incompletes as they the Dean’s List; a pass/fail course does may differ from those of Stern. Grade Changes not qualify as part of these units). The process of assigning grades is Students must designate the spe- Grade Point Average intended to be one of unbiased evalu- ation. Students are encouraged to cific course for a pass/fail grade by the The grade point average (GPA) is respect the integrity and authority of last day to withdraw from classes in a determined by dividing grade points the professor’s grading system and are given term (this includes fall, spring, by the units (with 4 grade points and discouraged from pursuing arbitrary summer, and January term). Once an 0 units for a grade of F; 0 grade challenges to it. If a student believes application is submitted, the pass/fail points and 4 units for a P). The an inadvertent error was made in the designation is irrevocable. courses accepted toward the degree grading of an individual assignment Students wishing to declare a must first meet program require- or in assessing an overall course course pass/fail or with questions ments. Units are applied in strict grade, a request to have the grade about the pass/fail option should con- chronological order. reevaluated may be submitted. sult with an academic adviser. An average GPA of C (2.0) is To appeal an assigned grade, the stu- required for graduation (128-144 dent should provide a written explana- Grades of Incomplete units and 256-288 grade points) tion to the instructor who assigned the Incompletes may be earned when except that the number of units in grade outlining the specific grading unavoidable circumstances keep a pass/fail options are deducted from error. If the student is dissatisfied with student from finishing a course that the total units in calculating the GPA the outcome of the review and wishes to term and the nature of the course per- (grade points divided by units). appeal the grade further, a formal writ- mits the faculty member to allow late Students who complete the required ten appeal should be submitted to the completion. If coursework will not be number of units but who lack grade deputy chair and/or the departmental completed before the last class for the points may be permitted to take addi- faculty director in the particular depart- semester, a student may request a tional courses to gain grade points. ment. An independent review of the grade of incomplete. The student They may not secure grade points by grade is then undertaken by the depart- should discuss this option with the repeating courses they have already ment. The student’s work is reviewed to professor before the last day of class. passed. clarify how the grade was determined An incomplete grade is given at the Not included in the GPA are and to ensure the grade is consistent discretion of the professor and is units taken in excess of 144 units, with the academic guidelines and poli- never automatic. A student’s aca- units brought in from other institu- cies of the department and course. The demic standing will be reassessed tions, or units brought in through decision of the department in matters

A C A D E M I C A D V I S I N G , R E G I S T R AT I O N , A N D P O L I C I E S A N D P R O C E D U R E S 118 related to a course grade is final. In all dent’s academic probation letter may elective toward the completion of a cases, students are expected to act within result in possible dismissal from the given concentration. Students are the semester following the course to University. Academic probation can encouraged to meet with an academic appeal a grade since faculty may not be jeopardize students’ scholarship and adviser to determine if this may apply available to review an appeal in future financial aid funding. to their situation and, more generally, semesters or years. (For fall and January if they have any questions about how term courses, students must appeal no Academic Dismissal this policy might impact their later than the following spring. For Students who are dismissed from the planned academic progress. spring and summer courses, students Stern Undergraduate College for poor must appeal no later than the following academic performance are informed PROFICIENCY fall). After the awarding of the Bachelor’s in person or in writing. Students who EXAMINATIONS degree, no grade changes of any kind are have paid tuition for the next term at permitted unless they are due to a the time of dismissal receive a full Writing Proficiency departmental clerical error in recording. refund of tuition and fees. Examination Stern first year students are required ACADEMIC STANDARDS CONCENTRATION(S) & to take two writing courses. Students The Office of the Dean and the Stern MINOR SELECTION must take Writing the Essay Office of Academic Advising review Students are encouraged to declare a (EXPOS-UA 1) and Business & student records throughout the aca- concentration(s), major in CAS, and/or Society (SOIM-UB 125). For quali- demic year. Academic standards minor by the end of their sophomore fied international students, the actions are based on the grades to date year. Students are required to declare courses are International Writing at the end of each term. The Stern at least one Stern concentration on Workshop I (EXPOS-UA 4) and Undergraduate College requires that Albert no later than the end of their International Writing Workshop II all students make steady and substan- junior year. When considering a dou- (EXPOS-UA 9). In addition, all stu- tial progress toward the Bachelor of ble concentration, a major through dents must demonstrate proficiency Science degree. This entails maintain- CAS, or minor, students should be in expository writing, which is satis- ing a cumulative GPA of at least 2.0 aware that the degree requirements fied through achieving a minimum and completing no less than 12 units might exceed 128 units, possibly grade of C in Writing the Essay or during each academic semester. A affecting financial aid. Those who have International Writing Workshop I. minimum 2.0 cumulative GPA is questions about specific concentra- Internal transfer students from required to graduate. For information tions, double concentrations, or minor other NYU divisions should have sat- regarding Satisfactory Academic possibilities, or who require help in isfied the proficiency requirement by Progress as it relates to financial aid making this decision should see their achieving a minimum grade of C in a packages, review the policies for finan- adviser at the Stern Office of Academic corresponding writing course com- cial aid eligibility at nyu.edu/about/ Advising, or the respective undergrad- pleted through their previous division. policies-guidelines-compliance/ uate faculty adviser, or the appropriate External transfer students** must policies-and-guidelines/eligibility-for- minor department. Students make a complete a proficiency examination financial-aid . formal declaration of a concentration administered by the Expository by completing a Selection of Writing Center in May, August, and Academic Warning Concentration Declaration form elec- December. Any student whose performance tronically at stern.nyu.edu/portal-partners/ All students must receive a passing results in a cumulative GPA of 2.0- current-students/undergraduate/ score on the writing proficiency exam- 2.25 or a semester GPA below 2.0 resources-policies/forms. A cross-school ination to graduate. Any student who (even if the cumulative GPA is above minor form can be filled out electroni- fails the test must instead register for 2.0) will receive an academic warn- cally on Albert. The primary major for EXPOS-UA 13 Writing Tutorial (4 ing. Students should seek counseling a Stern degree is Business. Students are units) for graduation, which is offered from an academic adviser to discuss permitted to declare up to three offi- on a pass/fail basis only. Any student recommendations for achieving an cial designations beyond the major in who fails this course must repeat it appropriate standard for academic Business (i.e. two concentrations and until a passing grade is earned. The performance. one minor; one concentration and two course is also available for other stu- minors; or two concentrations through dents as space permits. In particular, Credit Deficiency Stern and one major through the the tutorial course provides intensive College of Arts & Science). individual writing lessons. For more Students who fail to show steady and information, visit nyu.edu/cas/ewp or substantial progress toward degree contact the Expository Writing completion will be informed of a DOUBLE-COUNTING OF Center, 411 Lafayette Street, 4th Floor; notation of “credit deficiency” placed STERN COURSEWORK 212-998-8866. on their record until they resume Stern students are not permitted to proper degree progress. Steady and count Stern coursework toward more *Stern seniors are permitted to take fewer substantial progress toward the than one requirement. For instance, than 12 units in their final semester if degree entails the completion of a students concentrating in finance and approved by their academic adviser. minimum of 12 units with satisfac- global business may count **External transfer students who did not tory grades for which a student regis- International Financial Management take two writing courses at their previous ters in any semester. * (see page 43 for course description) institution, but who took other coursework either as an advanced finance elective that required intensive writing, may submit Academic Probation or as a global business requirement— a portfolio of writing samples to the Expository Writing Program for use in eval- If a student’s GPA falls below 2.0 in it cannot count toward both concen- uating if they are required to take EXPOS- any semester, the student is placed on trations. In some situations, certain UA 1. Students waived from this academic probation and informed so Stern courses taken as substitutes for requirement due to their submission of a port- by letter. Failure to satisfy the condi- specific curricular requirements may folio are still required to pass the Writing tions of probation outlined in a stu- be used to satisfy both the require- Proficiency Exam. ment in question and an upper-level

A C A D E M I C A D V I S I N G , R E G I S T R AT I O N , A N D P O L I C I E S A N D P R O C E D U R E S 119 Transfer Business Proficiency (see policies related to “Non-NYU LEAVE OF ABSENCE OR COM- Examinations coursework” in the following section). PLETE WITHDRAWAL FROM The full-time program should be ALL COURSES All transfer units received in each of completed in four years and must be Leaves of absence are approved for the following subjects are designated completed within five consecutive medical, financial, or personal rea- as elective only, pending completion calendar years or ten academic semes- sons. Students may request in advance of a multiple-choice proficiency ters; this includes semesters taken at a leave of absence from the Stern examination in the subject: finance, previous institutions. Failure to do so Undergraduate College for a period of marketing, and statistics. If the stu- may result in academic dismissal. dent obtains a passing score, the units up to two semesters in their career. are redistributed to fulfill the appro- The typical period for a leave is one priate requirement in the degree pro- Non-NYU Coursework semester, but students may request a gram (MKTG-UB 1, Introduction to Students enrolled for degree pro- second semester as well. To request a Marketing; FINC-UB 2, Foundations grams at New York University are leave of absence, students must meet of Finance; or STAT-UB 1, Statistics expected to take their courses, includ- with their academic adviser to discuss for Business Control). Students may ing summer sessions, at New York not only the reason for the leave, but take these examinations only once. If University. Exceptions are considered also the ensuing ramifications and the student fails the proficiency on a case-by-case basis and must be possible alternatives to taking a leave. examination, the transfer course taken at a four-year accredited insti- Once approved, a Leave of Absence remains as elective credit and the stu- tution. Courses are not to exceed 8 Form must be filed and students dent must satisfy the introductory units of non-business coursework and must complete the NYU Semester requirement at Stern. Only students must be preapproved by the Stern Withdrawal Form on Albert. with introductory courses in these Office of Academic Advising. This Students should be aware of the subjects from a previous institution includes courses taken online. following: are eligible for proficiency examina- Coursework taken outside of NYU • Students may request a leave of tions (except for students with scores must comply with the Stern residency absence from the Stern of 4 or 5 on the AP examination in requirements. Undergraduate College for a maxi- statistics). All proficiency examina- Stern does not grant credit for col- mum period of up to two semesters tions are administered by the Stern lege/university courses taken during in their career. Office of Academic Advising. high school if the courses were also • Students absent for more than two Students wishing to take any of these used to satisfy high school graduation consecutive semesters must apply examinations must do so by the requirements. Previously taken col- for readmission to the Stern stated deadline provided by the lege coursework (non-business) that Undergraduate College with no Advising Office each year. does not count toward the high guarantees of acceptance. school degree can be reviewed for pos- • International students whose home RESIDENCY REQUIREMENTS sible application of credit. Previously countries require students to per- taken college/university business form two years of military service All degree candidates are subject to coursework may not be used for credit do not need to apply for readmis- the following residency requirement. and may only be evaluated for place- sion to NYU and Stern after a leave Students must complete a minimum ment. External transfer students who of absence for military service pro- of 64 units of business coursework (- took business coursework at their pre- vided they meet the following con- UB or equivalent) in residence at the vious institution can have those ditions: (1) they are on leave for just Undergraduate College of the Stern courses reviewed for both placement four regular (e.g., fall and spring) School of Business. and for possible credit (see policies semesters and (2) they provide doc- Transfer students from other related to “Transfer Business umentation of their military service NYU schools are required to transfer Proficiency Examinations” on this during that time and an honorable in all graded credits taken at NYU page). discharge certificate, accompanied prior to entering Stern with the In all cases, an official transcript by English translation by accredited exception of any advanced standing from the transfer institution must be third-party translators. Students credit (AP, IB, etc.) that was automat- furnished by the student to the who take a leave of absence for a ically applied without their explicit Academic Advising Office to facili- military-related reason who fail to consent at the outset of their original tate application of credit toward the meet these conditions must apply program. Internal transfer students Stern degree. In cases where credit is for readmission with no guarantee may enter Stern with more than 64 being applied by incoming first year of acceptance. earned units, however they are held to students for previously taken college • Leaves are not granted after the the 144 unit limit so that any non- coursework, a minimum grade of B is ninth week of the term except for required units earned in excess of that required. For external transfer stu- compelling personal or medical limit will be discounted from their dents and continuing students who reasons. degree. (See page 113 for further opt to apply outside credit, the mini- • Refund percentages are based on information regarding unit limits and mum grade required is a C or higher. the Office of the Bursar’s schedule semester course loads.) Approval for the awarding of of refunds and are not granted after External transfer students can transfer credit or determining placement the fourth week of the term. in a maximum of 64 units from their based on previously taken college • Students who request a leave of prior institution(s). credit is at the discretion of the absence for two consecutive semes- Non-transfer students are allowed Academic Advising staff. ters are required to meet with their to transfer in a maximum of 32 units adviser upon their return to Stern. from the following: Advanced • Medical leaves require supporting Placement Examinations, the documentation from the Student International Baccalaureate Program, Health Center or Counseling & the results of certain foreign certificate Behavioral Health Services. examinations, and college credit earned • Students returning from medical prior or during matriculation at NYU leave require clearance from the

A C A D E M I C A D V I S I N G , R E G I S T R AT I O N , A N D P O L I C I E S A N D P R O C E D U R E S 120 Student Health Center or EARLY GRADUATION tract in which Stern or NYU is Counseling & Behavioral Health All students accepted to the Stern named as signatory must be sent to Services prior to enrolling in School of Business are admitted to a the Office of Undergraduate classes. four-year (eight academic semesters) Advising. The academic services team • Students are responsible for finan- program. Students are encouraged to will review and consider the intern- cial aid renewal applications and participate in the wide range of ship agreement/contract and, if deadlines while on leave. opportunities found at NYU includ- deemed acceptable, will sign off on it. • No credit is awarded for domestic ing clubs, sports, community service, For internships not associated or international classes taken while and internships over the four-year with the Business Practicum course, on a leave of absence. period. NYU Stern will not be a signatory to • Any student on an unofficial or The possibility of early graduation any attendant internship unauthorized leave is required to is contingent upon the completion of agreement/contract. Students seeking apply for readmission. all required coursework. Completion an exception should contact the • International students are of coursework is subject to course Office of Undergraduate instructed to meet with a counselor availability and successful completion Advising. Exceptions will only be in the Office of Global Services of all degree requirements. Students granted in rare circumstances. (OGS) prior to taking a leave of interested in early graduation are absence to ensure that their visa sta- encouraged to discuss it with their ACCESS TO ACADEMIC tus allows for a leave and to discuss adviser. INFORMATION visa and other immigration impli- cations that might arise from a The Family Educational Rights and medical, personal, or financial leave INTERNSHIP POLICY Privacy Act (FERPA) requires the of absence. Internships are a wonderful comple- permission of a student to release • Any student involved in an ongoing ment to classroom learning and can information from the student’s educa- disciplinary investigation may not be a valuable part of a student’s edu- tion records to a third party (except in initiate an official withdrawal from cation, especially with all the exciting certain specified instances). A stu- the University without approval opportunities offered in New York dent’s education record includes all from the Stern Undergraduate City. Scheduling conflicts associated documents maintained by the College. with internships are not an acceptable University in either hard copy or elec- excuse for failing to meet academic tronic format that contain personally Leave of Absence or obligations including but not limited identifiable information about the to attending class, arriving to class on student. Students who wish to con- Withdrawal After the Start of a sent to release information from their Semester time, taking scheduled examinations, completing homework assignments, education records for the purpose of Once a semester has begun, enrolled fulfilling group work obligations, and keeping a parent or other individual students who want to (1) withdraw addressing registration issues. informed of their progress at NYU completely from all courses for the Stern offers a 0.5-unit elective must complete the Consent to Share current semester, (2) withdraw com- course Business Practicum (MULT- Student Information Form, which can pletely from the University, or (3) UB 71) designed to help students be found in the Stern Office of take a leave of absence for the current learn leadership and interpersonal Academic Advising or online at semester must complete the NYU skills that will allow them to effec- stern.nyu.edu/portal-partners/current-stu- Semester Withdrawal Form on tively apply their classroom knowl- dents/undergraduate/resources- Albert. Students do not need to com- edge to the workplace. For more policies/forms. Students have the right plete the NYU Semester Withdrawal specific information regarding this to revoke the permissions granted at Form if (1) they are dropping/adding course, refer to the Multidisciplinary any time by submitting a revocation individual classes, but will remain Courses section (page 69) as well as letter to the Stern Office of Academic enrolled at NYU, or (2) are notifying stern.nyu.edu/portal-partners/current-stu- Advising. The waiver to share infor- the Stern Office of Academic dents/undergraduate/academics/research- mation with a third party remains in Advising about their intent to take a practitioner-learning/the-business-practicu effect until the student submits such leave of absence or withdrawal from m-course-mult-ub-71. a letter. For more information on the University for a future semester. For internships associated with FERPA, see nyu.edu/about/policies- the Business Practicum course, any guidelines-compliance/policies-and-guide- attendant internship agreement/con- lines/FERPA.

All-University ENROLLMENT VERIFICATION cation documents. NYU students can dent portal. Students have 18 months Enrollment Verification provides obtain verification directly from the from the time of their last active Policies & details on whether a student is Office of the University Registrar, enrollment to access this feature Procedures enrolled full-time, half-time, or less while third party verifications should through the National Student than half-time for the current semes- be requested through the National Clearinghouse. This feature can be ter or for all of the semesters that they Student Clearinghouse. Those who accessed from the "Request have been enrolled at NYU. are not NYU students or alumni Enrollment Verification" link in the Enrollment certifications are fre- must follow the instructions outlined My Academics section of Student quently needed to verify eligibility in the third-party request procedure. Center. for health insurance coverage, certain Eligible students are also able to types of financial aid, and for other Student Request Procedure—Albert view and print a Good Student services available to individuals Students can view and print individ- Discount Certificate, which can be enrolled in colleges and universities. ual enrollment certification directly mailed to an auto insurer or any other New York University has two proce- from Albert using the integrated company that requests proof of status dures for obtaining enrollment verifi- National Student Clearinghouse stu- as a good student (based on cumula- tive GPA).

A C A D E M I C A D V I S I N G , R E G I S T R AT I O N , A N D P O L I C I E S A N D P R O C E D U R E S 121 Students whose last active enroll- Students with a Valid NetID Records, P.O. Box 910, New York, ment has been 18 months or longer Those who attended NYU after 2001 NY 10276-0910; 212-995-4154; should follow the instructions below. and are able to access NYUHome/Albert [email protected]. can now request an official transcript Student Request Procedure—Signed from the new Albert Student Center. Writing a Request Letter Letter The Official Transcript form can be A request letter must include all of Requests for verification of enroll- found under the My Academics sec- the following information: ment or graduation may be made by tion of Student Center. 1. University ID Number submitting a signed letter with the 2. Current Name and any other following information: Transcripts processed through the name under which the student 1. University ID Number Albert Student Center will include attended NYU 2. Current Name and any name academic records from 1990 onwards. 3. Current Address under which the student attended Alumni who attended NYU prior to 4. Date of Birth NYU 1990 and have a valid NetId may go 5. School of the University attended 3. Current Address to the Secure Online Transcript and for which a transcript is being 4. Date of Birth Request Form. Logging in to the requested 5. School of the University attended request form with a NetId and pass- 6. Dates of Attendance 6. Dates of Attendance word will authenticate users as a stu- 7. Date of Graduation 7. Date of Graduation dent and a signed consent form is not 8. Full Name and Address of the per- 8. Full Name and Address of the per- required. son or institution to which the son or institution to which the Before completing a request, transcript is to be sent enrollment verification is to be check to ensure all grades have been sent posted. Recent graduates should also There is no limit for the number of check to ensure their degree has been official transcripts that can be issued Mail the request to the Office of the recorded. to a student. Students may indicate in University Registrar, Enrollment their request if they would like the Verification & Graduation, P.O. Box SPECIAL HANDLING: If a request transcripts to be forwarded to their 910, New York, NY 10276-0910. requires any special handling, proceed home address, but the name and to the Secure Online Transcript address of each institution are still Signed requests can also be faxed to Request Form instead of requesting a required. Unofficial transcripts are 212-995-4154 or emailed as an transcript on Albert. Follow the available on Albert. attachment to academic.records@ instructions on the form. Special han- If a transcript request is initiated nyu.edu. Please allow seven business dling requests may include: (1) send- through the online request form, an days from the time the Office of the ing transcripts by express mail; (2) email confirmation will be sent when University Registrar is in receipt of sending transcripts to oneself in sepa- the signed request form is received. the request. To confirm receipt of a rate sealed envelopes addressed to verification request, contact the admissions offices of other universi- Arrears Policy Office of the University Registrar at ties; and (3) requesting additional The University reserves the right to 212-998-4280. documents to be sent along with the deny registration and withhold all NYU transcript. Third-Party Request Procedure information regarding the record of any student who is in arrears in the To verify enrollment of a New York Former Students without a Valid payment of tuition, fees, loans, or University student or alumnus, the NetId other charges (including charges for EnrollmentVerify service is available from Those who no longer have a valid housing, dining, or other activities or the National Student Clearinghouse. NetId (unable to access NYUHome/ services) for as long as any arrears Visit the EnrollmentVerify webpage at Albert) or attended New York remain. studentclearinghouse.org/colleges/ University prior to 1990 should com- enrollmentverify to initiate the verifica- plete the Online Transcript Request tion process. When asked to provide ATTENDANCE & RELIGIOUS Form and mail, fax, or email the sig- POLICY the name of the student's school, nature page to the Office of the enter New York University and not University Registrar. They may also Attendance is expected at all class- the name of the individual school/col- write a letter to request transcripts room sessions. The taking of atten- lege. Degree verification is also avail- with a signed consent form. All stu- dance and attendance requirements able through the National Student dents who attended NYU during or are at the discretion of the individual Clearinghouse. Please note that there after 2001 are now eligible for access instructor. In determining the stu- is a fee for all services provided by the to NYUHome/Albert. Visit dent’s official grade, the instructor National Student Clearinghouse. albert.nyu.edu for access guidelines. may consider excessive absences. There is no charge for academic New York University and the Official Transcripts transcripts. Transcripts cannot be Stern School of Business, a nonsectar- produced for anyone whose record has ian institution, adhere to the general Official copies of a student’s policy of including in its official cal- University transcript can be been put on hold for an outstanding University obligation. endar only certain legal holidays. requested when a stamped and sealed However, it has also long been copy of an academic record is University policy that members of required. Requests for official tran- Mailing Address, Fax Number, & Email any religious group may, without scripts require the signature of the penalty, absent themselves from All academic record requests must be student/alumnus requesting the tran- classes to comply with their religious accompanied by a signed document. script unless the student/alumnus has obligations. In 1988, the University Mail, fax, or email (include the signed a valid NetId. Senate affirmed this policy and passed form as an attachment) a signed form a resolution that elaborated on it as or letter to the Office of the follows: University Registrar, Academic

A C A D E M I C A D V I S I N G , R E G I S T R AT I O N , A N D P O L I C I E S A N D P R O C E D U R E S 122 1. Students who anticipate being DEAN’S EXCEPTION that are taken for audit purposes only, absent due to any religious obser- Students who must complete out- or for which non-punitive grades are vance should whenever possible standing coursework to meet their received. notify faculty in advance of such graduation requirements over the absence. summer subsequent to the spring In accordance with Title 38 U.S. 2. Whenever feasible, examinations semester of their senior year are per- Code 3679 subsection (e), this school and assignment deadlines should mitted to walk in the May graduation adopts the following additional pro- not be scheduled on religious holi- ceremonies with the rest of their visions for any students using U.S. days. Any student absent from class. NYU policy indicates that stu- Department of Veterans Affairs (VA) class because of such beliefs shall dents are only eligible to walk with a Post 9/11 G.I. Bill® (Ch. 33) or not be penalized for any class, Dean’s Exception if they have no Vocational Rehabilitation and examination, or assignment dead- more than two courses to complete to Employment (Ch. 31) benefits, while line missed on that day or days. meet degree requirements. Eligible payment to the institution is pending 3. If examinations or assignment and interested students should meet from the VA. This school will not: deadlines are scheduled, any stu- with their academic adviser and com- • prevent nor delay the student’s dent who is unable to attend class plete a Dean’s Exception Form that enrollment; because of religious beliefs shall be serves as a waiver to allow students to • assess a late penalty fee to the given the opportunity to make up walk in the Commencement cere- student; that day(s). monies prior to the completion of • require the student to secure alter- 4. No adverse prejudicial effects shall their degree requirements. The offi- native or additional funding; result to any students who avail cial graduation date of students who • deny the student access to any themselves of the above provisions. walk in May with a Dean’s Exception resources available to other students and who complete their coursework who have satisfied their tuition and FINAL EXAMINATIONS over the summer is September of fee bills to the institution, includ- their original graduation year. ing but not limited to access to Regular final examinations are given classes, libraries, or other institu- at the end of each semester. tional facilities. Examination dates are provided in the VETERAN’S BENEFITS course directory book used for regis- Various Department of Veterans To qualify for this provision, however, tration and on the Office of the Affairs programs provide educational such students may be required to: University Registrar’s website at benefits for spouses and children of • produce the Certificate of nyu.edu/students/student-information- deceased or permanently disabled vet- Eligibility by the first day of class; and-resources/registration-records-and- erans as well as for veterans and in- • provide written request to be certi- graduation/registration/registration-sched service personnel, subject to certain fied; ules. Final exam schedules are pub- restrictions. Under most programs, • provide additional information lished at the beginning of each semes- the student pays tuition and fees at needed to properly certify the ter - it is incumbent upon students to the time of registration, but receives a enrollment as described in other take note of them and understand monthly allowance from Veterans institutional policies. that there is no limit to the number Affairs. of exams given on a certain day. A Veterans with service-connected Applications and further information student may take a final examination disabilities may qualify for educa- may be obtained from the student’s for a given course only once. No tional benefits under Chapter 31. regional office of the Department of credit is given for any course until a Applicants for this program are Veterans Affairs. Additional guidance student successfully passes the final required to submit to the may be obtained from the Office of examination or its equivalent. Department of Veterans Affairs a let- the University Registrar. Since inter- ter of acceptance from the college pretation of regulations governing DIPLOMA APPLICATION they wish to attend. Upon meeting veterans’ benefits is subject to change, Students may officially graduate in the requirements for the Department veterans should keep in touch with September, January, or May. The of Veterans Affairs, the applicant is the Department of Veterans Affairs or Commencement ceremony for all given an Authorization for Education with NYU’s Office of the University NYU schools is held in May. To grad- (VA Form 22-1905) which must be Registrar. uate in a specific semester, students presented to the Office of the must apply for graduation within the University Registrar, 383 Lafayette UNIVERSITY POLICY ON application deadline period indicated Street, before registering for course- PATENTS on the calendar. The graduation dead- work. Veterans allowance checks are usually sent directly to veterans by Students offered research opportuni- lines calendar and general graduation ties are reminded that inventions aris- information can be found on the the Department of Veterans Affairs. Veterans and eligible dependents ing from participation in such Office of University Registrar’s web- research are governed by the page at nyu.edu/registrar/graduation. It should contact the Office of the University Registrar each term for University’s Statement of Policy on is recommended that students apply Patents, a copy of which may be for graduation at the beginning of the which they desire Veterans Affairs certification of enrollment. found in the Faculty Handbook or semester in which they plan to com- obtained from the Office of the Dean. plete all program requirements. All veterans are expected to reach Undergraduates who do not success- the objective (Bachelor’s or Master’s fully complete all academic require- degree, doctorate, or certificate) NEW YORK UNIVERSITY ments by the end of the semester authorized by Veterans Affairs with WEAPONS POLICY must reapply for graduation for the the minimum number of units New York University strictly pro- following cycle. required. The Department of hibits the possession of all weapons, Veterans Affairs may not authorize as described in local, state, and federal allowance payments for units that are statutes, that includes but is not lim- in excess of scholastic requirements, ited to firearms, knives, and explo-

A C A D E M I C A D V I S I N G , R E G I S T R AT I O N , A N D P O L I C I E S A N D P R O C E D U R E S 123 sives in and/or around any and all The only exceptions to this policy registration. Students born before University facilities—academic, resi- are instances in which (1) the bearer is January 1, 1957 are exempt. New dential, or others. This prohibition in possession of written permission students should complete the MMR extends to all buildings—whether from a dean, associate dean, assistant section of the Student Health History owned, leased, or controlled by the dean, or department head and (2) form. Continuing students should University, regardless of whether the such possession or use of simulated complete and submit a Student bearer or possessor is licensed to carry firearms is directly connected to a Immunization Record Form. All that weapon. The possession of any University- or school-related event forms are available on the New York weapon has the potential of creating a (e.g., play, film production). University Student Health Center dangerous situation for the bearer and Whenever an approved simulated website at nyu.edu/shc. others. firearm is transported from one loca- New York State Public Health The only exceptions to this policy tion to another, it must be placed in a Law (NYS PHL) 2167 requires that are duly authorized law enforcement secure container in such a manner all students registered for six or more personnel who are performing official that it cannot be observed. Storage of units submit a Meningitis Response federal, state, or local business, and approved simulated firearms shall be Form as formal confirmation of their instances in which the bearer of the the responsibility of the Department decision whether or not to be immu- weapon is licensed by an appropriate of Public Safety in a location desig- nized with the meningococcal licensing authority and has received nated by the vice president for public (meningitis) vaccine. New students written permission from the execu- safety. Under no circumstances, other should complete the Meningitis tive vice president of the University. than at a public safety storage area, Response section of the Student may approved simulated firearms be Health History form. Continuing NEW YORK UNIVERSITY SIM- stored in any University owned, students should complete and submit ULATED FIREARM POLICY leased, or controlled facilities. a Meningitis Response Form. Failure to comply with state New York University strictly pro- immunization laws will prevent hibits simulated firearms in and/or IMMUNIZATION REQUIREMENTS NYU students from registering for around any and all University facili- classes. In addition to these require- ties—academic, residential, or other. New York State Public Health Law ments, the NYU Student Health This prohibition extends to all build- (NYS PHL) 2165 requires all stu- Center recommends that students ings—whether owned, leased, or con- dents registering for six or more units also consider hepatitis B and varicella trolled by the University. The in a degree-granting program to pro- immunizations. Students should dis- possession of a simulated firearm has vide immunization documentation cuss immunization options with their the potential of creating a dangerous for measles (rubeola), mumps, and primary care provider. situation for the bearer and others. rubella (German measles) prior to

A C A D E M I C A D V I S I N G , R E G I S T R AT I O N , A N D P O L I C I E S A N D P R O C E D U R E S 124 Scholastic Achievement & Other Awards

The NYU Stern School of Business Juniors: During their non-IBEX demic superiority, demonstrated recognizes students who attain aca- semester, juniors must maintain a leadership, and made exceptional demic and co-curricular excellence. GPA of 3.8 or more in a program of contributions to the Stern School. study that is no less than 12 units Achievement in these areas is DEAN’S LIST (not including courses taken acknowledged both during students’ pass/fail). academic tenure and at graduation. The Dean’s List is compiled at the Seniors: During their non-IBEX end of each academic year semester, seniors must maintain a HONORARY SOCIETIES (September-May). This is a list of GPA of 3.8 or more in a program of matriculated Stern students who have study that is no less than 8 units (not Beta Gamma Sigma maintained a grade point average of including courses taken pass/fail). The national honorary society of col- 3.667 or more in a program of study For both juniors and seniors, a stu- legiate schools of business, Beta of at least 28 graded units over an dent must have not been assigned Gamma Sigma has 498 chapters academic year (no less than 12 units any grades of incomplete or N. throughout the world. It occupies a in either the fall or spring semester position in the field of business com- at Stern and not including courses parable to Phi Beta Kappa in the taken pass/fail; see below for senior GRADUATION WITH HONORS humanities. Membership in the soci- and IBEX exceptions). To be listed, a Distinguished academic achievement ety is open to juniors whose GPA student must have not been assigned is recognized by awarding degrees places them in the upper 7% of their any grades of incomplete or N.* with the following distinctions class and to seniors whose GPA GPAs are carried to three decimal (based on cumulative GPA): cum places them in the upper 10% of places. laude, magna cum laude, and summa their class. To be eligible for mem- cum laude. The GPA cutoffs for each bership, students must have com- Graduating seniors who enroll part- category are determined by the com- pleted at least 60 units while time in their final semester are eligi- bined GPA distribution from the matriculated at Stern for which they ble for Dean’s List honors if they have preceding academic year, all gradua- received a letter grade (a grade of completed at least 22 graded units tion moments included. The cutoff pass is not acceptable). All courses (not including pass/fail) and main- for summa cum laude is the GPA that appear on the Stern transcript tained a grade point average of at least included within the top 5% of the and fulfill the Stern academic pro- 3.75 over the academic year. Seniors previous year's graduating class. The gram requirements are used in com- graduating in January must complete cutoff for magna cum laude is the puting this grade point average. at least 8 graded units in the immedi- GPA included within the next 10% Students are notified of their eligibil- ately preceding semester (not includ- of the previous year's class. The cut- ity to join Beta Gamma Sigma in the ing pass/fail) and must receive a off for cum laude is the GPA spring semester. semester grade point average of at included within the next 15% of the least 3.8 to qualify. To be listed, a stu- previous year's class. Latin Honors dent must not have been assigned any are only awarded to students whose grades of incomplete or N.* cumulative GPA meets the aforemen- tioned cut-offs and who meet the Students who study away for a Stern residency requirement for Latin *Seniors in the Honors Program in the fall semester through Stern’s IBEX pro- Honors. The Stern residency require- semester receive an “incomplete” for that gram are eligible for the Dean’s List ment for Latin Honors is a minimum semester’s grade. However, participants in even though the grades they earn of 64 units earned in business course- this program are eligible for Dean’s List abroad will be transferred back to work, with at least 60 of those units honors for the fall as long as they have a Stern pass/fail. receiving letter grades A through D. minimum 3.667 GPA in at least 8 graded units. STUDENT AWARDS & PRIZES The Stern School of Business recog- nizes and rewards students who attain academic excellence and achieve distinction in extracurricular activities. Awards and prizes are pre- sented to those who have shown aca-

S C H O L A S T I C A C H I E V E M E N T A N D O T H E R AWA R D S 125 Undergraduate Research

he NYU Stern deeper into academic pursuits Undergraduate through research and real- College offers world applications of what T several opportuni- students are learning in the ties to delve classroom.

Stern Program in Founded in spring 2012, the SPUR Students can apply to as many research Honors Program Structure database connects students with world- opportunities as desired, but may only The Stern Honors Program includes Undergraduate renowned Stern faculty, providing register for one project per semester. three main components: an advanced Research (SPUR) unique research opportunities outside Research projects may be worth 1 or 2 elective module composed of graduate of the classroom. The experience gives course units. This opportunity is courses, an honors seminar, and a thesis students a chance to sharpen their ana- exactly like a graded course in the sense project based on independent research. lytic skills, and helps them in their that students are expected to work hard future studies and careers. Besides and be challenged by the project. At being exposed to cutting-edge research the end of the project, students receive Graduate Courses and working with individual faculty a letter grade from the faculty member Students selected for the program can members, SPUR students are also able based on their work. take up to 6 units of graduate elective to explore potential career pathways in courses during their senior year. Faculty academia and gain an advantage when RESEARCH SEMINARS members from each department review applying for graduate studies. course offerings and advise as to which In these research-oriented courses, stu- options best fit the needs of each honor Application Process dents learn cutting-edge methodologies student. and tools for research from Stern’s top • Log in to the SPUR database at research faculty. Research seminars Honors Seminar* w3.stern.nyu.edu/uc/research/jobs with a focus on current topics and recent find- Stern username and password. ings through state-of-the-art research The Honors Seminar is held weekly. • Browse opportunities posted by and encourage students to engage in Each session is conducted by chaired Stern faculty. Apply for a position by other opportunities for advanced study professors, research professors, faculty selecting a research project of interest through SPUR’s research initiatives. research fellows, and others who present and submitting the appropriate infor- Research seminars are listed as on research developments in their area. mation to the SPUR database. Multidisciplinary courses (MULT-UB). These seminars provide students with • If a student is selected by a faculty an overview of timely research across all member for a research opportunity, the disciplines of business and its practical student will receive an email explaining HONORS PROGRAM applications. next steps on how to register for SPUR. Established in 2001, the Stern Honors Research projects must be taken for Program invites an elite group of seniors Honors Thesis course credit and students need to submit to become intimately involved in gradu- the appropriate paperwork to register. ate-level research. The program pairs stu- Each student formulates a thesis and • Students who have participated in dents with research-oriented faculty performs original research under the SPUR in a prior semester may continue members who partner with and advise guidance of a research faculty member. to work on a research project if the fac- participants throughout their yearlong In addition to providing valuable ulty member has agreed to continue thesis development. Additionally, stu- insight into the thesis development working with them. Those students still dents take part in an honors seminar with process, faculty advisers act as mentors must reapply and go through the regis- other program participants and may take to the students. At the end of the aca- tration process to receive course credit. graduate-level courses in areas of interest. demic year, students are required to submit and present their thesis to pro- gram peers. Research Projects Selection Process Individual faculty members have their Each year, the Stern Honors Program own criteria for acceptance as it relates invites top-ranked juniors to apply for to their specific project. Students may admission into the program. Students view prerequisite requirements by are invited based on academic perform- clicking on individual research oppor- ance during their first three years of tunities, and should be ready and will- undergraduate education. Invited stu- * Students in the program must enroll in the ing to participate in challenging, dents must submit an application and Stern Honors Program Seminar and the high-level academic research. be interviewed by two faculty members Stern Honors Program Thesis for both the before selections are finalized. fall and spring semesters.

S T E R N P R O G R A M F O R U N D E R G R A D U AT E R E S E A R C H 126 Washington Square Map & Key

NEW YORK UNIVERSITY

W. 18TH STREET E. 18TH STREET

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W. 17TH STREET E. 17TH STREET IRVING PLACE PLACE IRVING

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W. 13TH STREET E. 13TH STREET THIRD AVENUE AVENUE THIRD FIRST AVENUE AVENUE FIRST SIXTH AVENUE AVENUE SIXTH AVENUE FIFTH PLACE UNIVERSITY SECOND AVENUE AVENUE SECOND 9

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ST. YVESANT ST. W. 9TH STREET E. 9TH STREET STU ARLES CH G R E E N W I C H V I L L A G E E A S T V I L L A G E

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W. 10TH STREET STREET GREENE COOPER SQUARE SQUARE COOPER COOPER SQUARE 29 31 32

27 28 CHRISTOPHER ST. ASTOR PL. MACDOUGAL ALLEY WASHINGTON MEWS 33 35 E. 7TH STREET 22 26

20 21 STREET LAFAYETTE 36 23 24 25 34 37 WASHINGTON SQUARE NORTH WAVERLY PLACE

WASHINGTON SQ. EAST EAST SQ. WASHINGTON E. 6TH STREET WEST SQ. WASHINGTON 39 4 1 42 43 48 50 ˜8 GROVE ST. 40 44 45 46 47 49 51 WASHINGTON PL. WASH I NGTON SQUARE PARK WASHINGTON PLACE 52

E. 5TH STREET 64 67 53 54 55 58 59 63 60 N O H O ST. 57 6 1 62 M 56

WASHINGTON SQUARE SOUTH W. 4TH STREET E. 4TH STREET E. 4TH STREET

BARROW 82 7 1 70 71 78 83 68 69 73 74 75 76 77 80 81 JONES ST. 72 79

W. 3RD STREET GREAT JONES STREET E. 3RD STREET JONES ALLEY ALLEY JONES

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90 91 86 EET AVENUESEVENTH MINETTA LANE 92 89 BOND STREET E. 2ND STREET

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LAGUARDIA PLACE PLACE LAGUARDIA MOTTSTREET

THOMPSON STREET STREET THOMPSON MULBERRYST. SULLIVAN STREET STREET SULLIVAN STREET MERCER BROADWAY STREET CROSBY

CARMINE ST. AVENUESIXTH

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E. HOUSTON STREET M W. HOUSTON STREET WEST BROADWAY BROADWAY WEST

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97 W. HOUSTON STREET This campus map is the gift of JEFFREY S. GOULD, WSC ‘79 Updated Spring, 2018 KING STREET

WA S H I N G T O N S Q U A R E C A M P U S 127 64 404 Fitness (B-2) 49 Gallatin School of Individualized Study (B-2) 81 Mercer Plaza (B-3) 50 S tudent Health Center (B-2) 404 Lafayette Street 1 Washington Place, 715 Broadway 726 Broadway 63 Meyer Hall (B-2) 55 Academic Resource Center (B-2) 73 Global Center for Academic and Spiritual 4 Washington Place 74 Student Resource Center (B-3) 18 Washington Place Life (B-3) 60 Washington Square South 238 Thompson Street 50 Moses Center for Students with Disabilities (B-2) 83 Admissions O˜ce (C-3) 726 Broadway 13 Third Avenue North Residence (C-1) 383 Lafayette Street 61 Global Inclusion, Diversity, and Strategic 75 3rd Avenue Innovation O˜ce (B-3) 6 Palladium Athletic Facility (C-1) 27 Africa House (B-2) 240 Greene Street 140 East 14th Street 4 Thirteenth Street Residence (A-1) 44 Washington Mews 47 West 13th Street 50 Global Liberal Studies (B-2) 6 Palladium Hall (C-1) 18 Alumni Hall (C-2) 726 Broadway 140 East 14th Street 79 Tisch Hall (B-3) 33 3rd Avenue 40 West 4th Street 83 Global Programs (C-3) 47 Philosophy Building (B-2) 62 Alumni Relations (B-2) 383 Lafayette Street 5 Washington Place 48 Tisch School of the Arts (B-2) 25 West 4th Street 721 Broadway 83 Global Services (C-3) 54 Pless Annex (B-2) 59 Arthur L Carter Hall (B-2) 383 Lafayette Street 26 Washington Place 41 Torch Club (B-2) 10 Washington Place 18 Waverly Place 22 Glucksman Ireland House (B-2) 68 Provincetown Playhouse (A-3) 19 Barney Building (C-2) 1 Washington Mews 133 MacDougal Street 5 University Hall (B-1) 34 Stuyvesant Street 110 East 14th Street 56 Goddard Hall (B-2) 63 Psychology Building (B-2) 75 Bobst Library (B-3) 79 Washington Square East 6 Washington Place 69 Vanderbilt Hall (A-3) 70 Washington Square South 40 Washington Square South 78 Gould Plaza (B-3) 46 Public Safety (B-2) 62 Bonomi Family NYU Admissions Center (B-2) 7 Washington Place 53 Virginia and Muriel Pless Building (B-2) 27 West 4th Street 23 Graduate School of Arts and Science (B-2) 82 Washington Square East 1/2 5th Avenue 97 Puck Building (C-3) 50 Bookstore and Computer Store (B-2) 295 Lafayette Street 97 Wagner Graduate School of Public Service (C-3) 726 Broadway Gramercy Green (not on map) 295 Lafayette Street 310 3rd Avenue 50 R esidential Life and Housing Services (B-2) 16 Brittany Hall (B-2) 726 Broadway 80 Warren Weaver Hall (B-3) 55 East 10th Street Greenwich Hotel (not on map) 251 Mercer Street 636 Greenwich Street Rory Meyers College of Nursing (not on map) 15 Bronfman Center (B-2) 433 1st Avenue 6 Wasserman Center for Career Development (C-1) 7 East 10th Street 38 Grey Art Gallery (B-2) 140 East 14th Street 100 Washington Square East 14 Rubin Hall (B-2) Broome Street Residence (not on map) 35 5th Avenue 56 Washington Square East Galleries (B-2) 400 Broome Street 91 Hayden Hall (B-3) 80 Washington Square East 240 Mercer Street 34 Rufus D. Smith Hall (B-2) 40 Brown Building (B-2) 25 Waverly Place 90 Washington Square Village (B-3) 29 Washington Place Institute for the Study of the Ancient World 1-4 Washington Square Village (not on map) 8 School of Professional Studies (SPS) (B-1) 32 Cantor Film Center (B-2) 15 East 84th Street 7 East 12th Street 53 Washington Square Windows (B-2) 36 East 8th Street 80 Washington Square East Institute of Fine Arts (not on map) SPS Midtown Center (not on map) 46 Card Center (B-2) 1 East 78th Street 11 West 42nd Street 39 Waverly Building (B-2) 7 Washington Place 24 Waverly Place 26 Institute of French Studies (B-2) SPS Woolworth Building (not on map) 2 Carlyle Court (B-1) 15 Washington Mews 15 Barclay Street 33 Weinstein Hall (B-2) 25 Union Square West 11 University Place 77 Je°rey S. Gould Welcome Center (B-3) 69 School of Law (A-3) 10 Casa Italiana Zerilli-Marim (A-1) 50 West 4th Street 40 Washington Square South 68 Wilf Hall (A-3) 24 West 12th Street 139 MacDougal Street 29 John W. Draper Program (B-2) 76 Schwartz Plaza (B-3) 42 Center for Genomics and Systems Biology (B-2) 14 University Place 35 10 Astor Place (B-2) 12-16 Waverly Place 93 Second Street Residence (C-3) 53 Joseph & Violet Pless Building (B-2) 1 East 2nd Street 92 665 Broadway (B-3) 38 College of Arts and Science (B-2) 82 Washington Square East 100 Washington Square East 36 Seventh Street Residence (C-2) 50 7 26 Broadway (B-2) 77 Kaufman Management Center (B-3) 40 East 7th Street College of Dentistry (not on map) 44 West 4th Street 9 838 Broadway (B-1) 345 East 24th Street 77 Shimkin Hall (B-3) 70 Kevorkian Center (A-3) 50 West 4th Street 52 20 Cooper Square (C-2) 92 College of Global Public Health (B-3) 50 Washington Square South 665 Broadway 38 Silver Center for Arts and Science (B-2) 82 14 East 4th Street (NYU Shanghai) (B-3) 41 Kimball Hall (B-2) 100 Washington Square East 8 9 Copy Central (B-3) 246 Greene Street 1 105 East 17th Street (B-1) 547 LaGuardia Place 25 Silver School of Social Work (B-2) 74 Kimmel Center for University Life (B-3) 1 Washington Square North 7 60 Fifth Avenue (B-1) 3 CoralT owers (C-1) 60 Washington Square South 129 3rd Avenue 94 Silver Towers (B-3) 44 244 Greene Street (B-2) 71 King Juan Carlos I of Spain Center (A-3) 100 & 110 Bleecker Street 80 Courant Institute of Mathematical Sciences (B-3) 53 Washington Square South 51 411 Lafayette Street (C-2) 251 Mercer Street 74 Skirball Center for the Performing Arts (B-3) 26 La Maison Française (B-2) 566 LaGuardia Place 86 130 MacDougal Street (A-3) 85 D’Agostino Hall (A-3) 16 Washington Mews 110 West 3rd Street 71 Skirball Department (A-3) 96 194-196 Mercer Street, 627 Broadway (B-3) Laf ayette Residence Hall (not on map) 53 Washington Square South 28 Deutsches Haus (B-2) 80 Lafayette Street 43 285 Mercer Street (B-2) 42 Washington Mews 53t S einhardt School of Culture, Education 50 Liberal Studies (B-2) and Human Development (B-2) 37 111-113 Second Avenue (C-2) 55 East Building (B-2) 726 Broadway 82 Washington Square East 239 Greene Street 31 13-19 University Place (B-2) 17 Lillian Vernon Center (A-2) 77t S ern School of Business, 57 Education Building (B-2) 58 West 10th Street Graduate Program (B-3) 21 19 Washington Square North (NYUAD) (A-2) 35 West 4th Street 44 West 4th Street 67 Lipton Hall (A-2) 20 22 Washington Square North (A-2) 24 Faculty of Arts and Science (B-2) 33 Washington Square West t79 S ern School of Business, 5 Washington Square North Undergraduate College (B-3) 60 19 West 4th Street (B-2) 57 Loewe Theater (B-2) 40 West 4th Street 12 Founders Hall (C-1) 35 West 4th Street 62 25 West 4th Street (B-2) 120 East 12th Street 83 StudentLink Center 89 Mail Services (B-3) Consolidated Services for Bursar, 72 Furman Hall (A-3) 547 LaGuardia Place Financial Aid, Registrar, Global Programs, 245 Sullivan Street and Global Services (C-3) 383 Lafayette Street

WA S H I N G T O N S Q U A R E C A M P U S 128 Travel Directions to the Washington Square Campus See Washington Square Campus map and key for specifc addresses or visit nyu.edu/map.

BY SUBWAY: Take the Sixth Avenue subway BY BUS: Take the Lexington Avenue subway (B, D, F, or M train) or 8th Avenue All Greyhound and New Jersey (No. 6 train) to Astor Place Station. subway (A, C, or E train) to West Transit buses go to the Port Go west on Astor Place to Broadway. Fourth Street-Washington Square Authority Terminal. Port Authority Walk south on Broadway to Waverly Station. Walk east on West Fourth marine terminals in New York and Place. Walk westward on Waverly Street until Washington Square. The New Jersey are open and operating Place until Washington Square. A, E, and F trains run late at night. The normally. From there, take the Eighth C does not. The M runs on weekdays with Avenue subway downtown. Take the Broadway subway (N or limited late night shuttle service and The most convenient bus lines to W train) to Eighth Street Station. At weekends with shuttle service only. The B NYU are the M1, M2, M3, M5, M6, Broadway, walk south to Waverly train runs weekdays only, from before 6 M8, M10, and the M21. Place. Walk westward on Waverly a.m. until 11 p.m., and the D runs at Place until Washington Square. The night. *Note: For up-to-date information on N runs late at night and on week- Metropolitan Transportation Authority sub- ends. The R also runs on weekdays Take the Seventh Avenue subway way and bus services, visit mta.info. and weekends, with limited late to Christopher Street-Sheridan Square night shuttle service. Station (1 or 2). Walk east on Christopher Street to West Fourth Street. Continue east to Washington Square. The 1 and 2 trains runs late at night.

T R AV E L D I R E C T I O N S 129 Index

A High school preparation, Bachelor of Science in Business recommended 99 and Master of Science in Academic Advising, Stern International Baccalaureate Accounting Dual Degree Office of 112 equivalencies 105 Program (BS/MS) 25-28 Academic Advising, registration, International credentials, Behavior, in-class 117 and policies & applicants with 101-102 procedures 112-124 Maturity Certificate Business Analytics track 81-82 examinations 102 Academic information, Notification dates 100 Business Core access to 121 Placement examinations 103 BPE program 19, 20 BS/BFA program 23, 24 Academic Resource Process 99 Center (ARC) 112 Readmission of former BS/MS program 26, 27 students 102 Business program 12-13, 16 Academic standards for the Testing, required 100 BS/MS in Accounting program 26 Business Economics Transfer applicants, concentration 36 Academic standards for the external 100-101 Undergraduate College 119 Transfer applicants, internal 101 Business of Entertainment, Visiting (special) students 101 Media, & Technology minor Accounting…29-32 with Steinhardt and Advanced Level equivalencies 106 Tisch (BEMT) 74-76 Accounting undergraduate course chart 32 Advanced Mathematical Methods Business proficiency examinations, minor with CAS 73-74 transfer 120 Accreditation New York University 5 Advanced Placement C Undergraduate College of the equivalencies 104 Leonard N. Stern School of Calendar, academic 10-11 Business 9 Advisers, Stern undergraduate faculty 112 Campus map 127-128 Actuarial Science 61-63 Affirmative action/equal Campus, travel directions to 129 Add-drop courses 114 opportunity 5, 116 Campus visits 99-100 Administration Application fee 99, 107 Campuses, global 3, 18 New York University 5-6 Application process 99 Undergraduate College of the Career counseling 112 Leonard N. Stern School of Arrears policy 108, 122 Business 9 Career Development, Wasserman Asset Pricing track 79-81 Center for 110 Admission 99-106 Attendance 117 Advanced Level equivalencies 106 Certified Public Accounting (CPA) program 25-28 Advanced Placement Auditing courses 114 equivalencies 104 Cheating and plagiarism 115-116 Advanced standing 102-103 Awards and prizes 125 Application filing deadlines 100 Code of Conduct, student 115-116 B Campus visits 99-100 Code of Conduct, travel 116-117 Credit by examination 102-103 Bachelor of Science Degree Credit for prior college Business program 12-17 Cohort Leadership Program 69 coursework 101 Computing & Data Science 33-35 Deadlines, admission application Bachelor of Science in filing and financial aid 100 Business & Political Economy Concentrations, minors, program (BPE) 18-21 Early decision plan 100 and tracks 13-14, 119 Enrollment process 103 Bachelor of Science in Business Corporate Finance track 82-84 Financial aid application and Bachelor of Fine Arts in and deadlines 100 Film & Television Dual Degree Course loads, semester 113-114 Foreign language placement Program (BS/BFA) 22/24 CPA track concentration examinations 103 requirements 26

I N D E X 130 Credit by examination 102-103 Employee education plans 111 Global Business core BS/BFA program 23, 24 Credit deficiency 113, 119 Employment, student 110 BS/MS program 26, 27 Cross-school minors 73-78 English Language Institute 102 Business program 13, 17 Advanced Mathematical Methods with CAS 73-74 Enrollment process 103 Global campuses 3, 18 Business of Entertainment, Enrollment verification 121-122 Global Services, Office of 101 Media, & Technology minor with Steinhardt and Tisch Entrepreneurship Grade point value chart 117 (BEMT) 74-76 co-concentration 41 Graded assignments, Public Policy & Management Entrepreneurship track 85-86 collaboration on 117 with Wagner 76-77 Social Entrepreneurship Equal opportunity/affirmative Grading procedures…117-119 with Wagner 78 action 5, 116 Graduation Curriculum, integrated Examinations Application 123 four-year 12-13 Admission, required testing 100 Early 121 Credit by 102-103 Requirements 114, 120, 123 D Final 123 With honors 125 Foreign language placement 103 Deadlines, admission application Grants and scholarships 110 filing and financial aid 100 Maturity certificate 102 Plagiarism and cheating 115-116 Guiding educational Dean’s exception 123 Proficiency 119-120 principles 17, 21 Dean’s List 125 Exchange program, International Guiding pillars for student Deans & Directors, NYU 6 Business (IBEX) 115 experience 8 Deferred payment plan 108 Executive Practitioner Seminars 72 H Experiential Learning Seminars 72 Degree requirements Health insurance, student 107 BPE program 18-21 Expository Writing Program 14-15 BS/BFA program 22-24 Honorary societies 125 External transfer BS/MS program 25-28 Honors, graduation with 125 Business program 12-17 applicants 100-101 Honors Program 126 Digital Marketing track 84-85 F Housing fees 108 Diploma application 123 Faculty 91-98 Disabilities, students with 113 Faculty advisers 112 I Immunization requirements 124 Disciplinary sanctions 116 Family Educational Rights and Privacy Act (FERPA) 121 Dismissal, academic 119 In-class behavior 117 Fees 107-109 Double-counting of Incomplete grades 118 coursework 119 Finance 42-47 Independent studies 114 Dual Degree program in Business Finance, advanced electives Insurance, tuition 109 and Film & Television 22-24 chart 47 Insurance, student health 107 Dual Degree program in Certified Financial aid 100, 109-111 Public Accounting 25-28 Internal transfer applicants 100 Firearms policy 124 International Baccalaureate (IB) E Foreign language placement equivalencies 105 Early decision plan 100 examination 103 International Business Exchange Early graduation 121 Founding dates of the Schools, program (IBEX) 115 Colleges, Institutes, and Econometrics & Quantitative Programs of the University 4 International credentials, Economics concentration 36 applicants with 101-102 Free Application for Federal Economics 36-40 Student Aid (FAFSA) 100, 109-110 International Exchanges & Special Programs, Office of 9, 115 Educational principles, G guiding 17, 21 International Studies General behavior 117 Program (ISP) 69 Electives, university 13, 19, 23, 26 Global Business Internship policy 121 Electronic devices, in-class co-concentration 48-49 use of 116, 117

I N D E X 131 J P Warning, academic 119 Weapons and firearms 123-124 January term 113 Part-time study…113-114 Withdrawal from Judiciary committee 116 Pass/fail option…117-118 courses 114, 120-121 Politics Core, BPE program 19, 20 L Patents, University policy on…123 Payment plan, deferred…108 Prehealth advising 112 Learning Center, University 113 Payment plans, optional…111 Prelaw advising 112 Learning goals, BPE 21 Plagiarism and cheating…115-116 Prizes and awards 125 Learning goals, Business program 17 Policies & Procedures of the Probation, academic 119

Leave of absence 120-121 College & University 115-124 Proficiency examinations 19-120 Academic standards 119 Liberal Arts Core Access to academic Public Policy & Management BPE program 18, 20 information 121 minor with Wagner 76-77 BS/MS program 26, 27 Arrears policy 108, 122 Business program 12, 14-16 Arriving late to class 117 R Attendance 117 Libraries 4-5, 116 Readmission of former Behavior, in-class 117 students 102 Loan programs 110 Code of Conduct, student 115-116 Real Estate track 90 Luxury Marketing track 87-88 Code of Conduct, travel 116-117 Refund of tuition 108 Concentration and minor M selection 119 Refund period schedule 109 Majors at the College of Arts & Course loads, semester 113-114 Registration 113-115 Science 13 Credit deficiency 113, 119 Dean’s exception 123 Religious holidays,

Management Consulting Diploma application 123 attendance and 122 track 88-89 Disciplinary sanctions 116 Required testing… 100 Management & Organizations…50- Dismissal, academic 119 52 Double-counting of Research Seminars 126 coursework 119 Marketing 53-58 Residency requirements 120 Early graduation 121 Maturity Certificate Electronic devices, in-class Resident assistantships 110 examinations 102 use of 116, 117 Resources library 116 Enrollment verification 121-122 MBA courses for Stern undergraduates 114-115 Examinations 116 Retaking courses 118 Final examinations 123 Minors, Grading procedures 117-119 S cross-school 13, 14, 19, 73-78 Immunization requirements 124 Seminars Incomplete grades 118 Minors through other Executive Practitioner 72 Internship policy 121 NYU schools 13, 14, 19, 73-78 Experiential Learning 72 Late submission of Research 126 Moses Center for students with assignments 117 disabilities 113 Leave of absence 120-121 Scholarships and grants 110 Multidisciplinary courses 69-72 Leaving class early 117 Scholastic achievement and MBA courses for Stern other awards 125 N undergraduates 114-115 Part-time study 113-114 Social Entrepreneurship minor with

New York University, Pass/fail option 117-118 Wagner 78 Introduction to 3-7 Patents 123 Social Impact Core Non-NYU coursework 120 Plagiarism and cheating 115-116 BPE program 19, 21 Probation, academic 119 Notification dates for BS/BFA program 23, 24 Proficiency examinations 119-120 admission 100 BS/MS program 26, 27 Religious holiday 122 Business program 13, 16-17 O Residency requirements 120 Retaking courses 118 Statistics & Actuarial Open house programs 99-100 Technology, in-class Science 61-63 use of 116, 117 Operations 59-60 Stern Program for Undergraduate Transcripts, official 122 Research (SPUR) 126 Optional payment plans 111 Travel Code of Conduct 116-117 Veteran’s benefits 123

I N D E X 132 Stern School of Business, Transcripts, official 122 V Leonard N., Undergraduate College 8-9 Transfer applicants, Veteran’s benefits 123 xternal 100-101 Stern undergraduate faculty Visas, student 101 advisers 112 Transfer applicants, internal 100 Visiting (special) students 101 Student advising 112-113 Travel Code of Conduct 116-117 W Student employment 110 Travel directions to Washington Square Campus 29 Waitlists 114 Student Health Center 124 Trustees, Board of 6-7 Warning, academic 119 Student Engagement, Office of 9 Tuition & fees 107-109 Washington Square campus, travel Student experience, guiding directions to 129 pillars for 8 Tuition insurance 109 Tuition Management Systems Wasserman Center for Career Students with disabilities, Development 110 services for 113 plan 108 Weapons policy 123-124 Study away 115 Tuition remission 110-111 Withdrawal from Summer sessions 113 U ourses 114, 120-121 Sustainable Business Undergraduate Admissions, Withdrawal and financial aid 110 co-concentration 64-68 Office of 99 Withdrawal and refund Sustainable Business course Undergraduate College, Leonard N. of tuition 108-109 chart 68 Stern School of Business 8-9 Work-study program, federal 110 T Undergraduate research 126 Writing Center 113, 119 Technology, in-class Undocumented applicants, financial use of 116, 117 aid for 109 Writing proficiency examination 119 Testing, required 100 University founding dates 4 Wring program, Expository 14-15 Track champions 112 University Learning Center 113 Tracks 79-90 Asset Pricing 79-81 Business Analytics 81-82 Corporate Finance 82-84 Digital Marketing 84-85 Entrepreneurship 85-86 Luxury Marketing 87-88 New York University is an affrmative Management Consulting 88-89 action/equal opportunity institution. Real Estate 90

I N D E X 133 2019-2021 BULLETIN UNIVERSITY YORK NEW

New York University Leonard N. Stern School of Business Tisch Hall 40 West Fourth Street New York, NY 10012

NEW YORK UNIVERSITY BULLETIN enr .SenSho fBsns negaut College Undergraduate Business of School Stern N. Leonard

Leonard N. Stern School of Business THE UNDERGRADUATE COLLEGE

NEW YORK UNIVERSITY C A private university in the public service