Business and Finance

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

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

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

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

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

For co-curricular activities and research-related resources?in business, please refer to the website of NYU Shanghai Center for Business Education and Research (CBER). The center aims to promote innovative research on China-related business and facilitate collaborations among industry professionals, business faculty, and students.

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Degree Requirements - 2020-21 Bulletin

* = offered in Fall?'21?in Shanghai

BUSINESS CORE
BUSF-SHU 101 Statistics for Business and Economics* ?
BUSF-SHU 202 Foundations of Finance* Pre-reqs: Statistics for Business and Economics and Microeconomics
BUSF-SHU 250 Principles of Financial Accounting* Pre-req: Not open to freshmen
ECON-SHU 3 Microeconomics* Pre-req: Calculus or Honors Calculus?or placement
ECON-SHU 251 Economics of Global Business Pre-req: Microeconomics
FINANCE CORE
BUSF-SHU 303 Corporate Finance* Pre-req: Foundations of Finance
BUSINESS ELECTIVES - Choose Two
BUSF-SHU 142 Information Technology in Business and Society Pre-req: Bus Major Priority; not open to freshmen
BUSF-SHU 210 Business Analytics Pre-req: Bus Major priority; A prior Statistics Course (BUSF-SHU 101)
BUSF-SHU 351 Operations Management* Pre-req: Sophomore standing
MGMT-SHU?301 Management and Organizations* Pre-req: Bus Major priority; no freshmen
MKTG-SHU?1? Introduction to Marketing* Pre-req: Business and Marketing Major priority; not open to freshmen
FINANCE ELECTIVES - Choose Two
Note: Any 4-credit Finance elective course offered at NYU Shanghai (such as those listed below) or any 3-credit Finance elective course offered by Stern Finance Department can counted as a Finance elective. Taking two 2-credit Finance courses will be counted as meeting the requirement of one Finance elective.
BUSF-SHU 206 Investing & Financing in China Pre-req:?Foundations of Finance, Corporate Finance and Economics of Global Business (or Macroeconomics)
BUSF-SHU 244 Portfolio Management Pre-req: Foundations?of Finance
BUSF-SHU 286 Chinese Financial Markets* Pre-req: Foundations of Finance
BUSF-SHU 304 Futures and Options* Pre-req: Foundations of Finance
BUSF-SHU 305 Debt Instruments and Markets* Pre-req: Foundations of Finance
BUSF-SHU 321 Equity Valuation* Pre-req: Foundations of Finance and Corporate Finance
BUSF-SHU 334 Advanced Futures and Options Pre-req: Foundations of Finance
BUSF-SHU 353 International Finance Management Pre-req: Foundations of Finance and Economics of Global Business
BUSF-SHU 361 Entrepreneurial Finance ?
BUSF-SHU 366 Applications in Entrepreneurial Finance: FinTech Pre-req: Foundations of Finance
BUSF-SHU 420 Financial Market Volatility Modeling Pre-req: Foundations of Finance and a familiarity with simple probability and statistics including least squares regression. Programing experience will be preferred.
BUSF-SHU 441 Private Equity & Venture Capital in Asia and Emerging Markets* Pre-req: Foundations of Finance, Corporate Finance and Economics of Global Business (or Macroeconomics) or instructor permission
BUSF-SHU?442 International Project and Structured Investing and Financing* Pre-req: Foundations of Finance, Corporate Finance and Economics of Global Business (or Macroeconomics) or instructor permission
MATH-SHU 250 Mathematics of Finance Pre-req:?MATH-SHU 123 (Multivariable Calculus) and 235 Probability and Statistics ( or 233 Theory of Probability)
NON-FINANCE ELECTIVES - Choose Two from the Following Areas
Management
MGMT-SHU?18 Strategic Analysis Pre-req: Bus major priority; no freshmen
Marketing
MKTG-SHU 2 Consumer Behavior Pre-req: Intro to Marketing
MKTG-SHU 3 Advertising Management Pre-req: Intro to Marketing
MKTG-SHU 9 Research for Customer Insights* Pre-req: Intro to Marketing
MKTG-SHU 57 Digital Marketing* Pre-req: Intro to Marketing
MKTG-SHU 64 Global Marketing Strategy Pre-req: Intro to Marketing
MKTG-SHU 110 Practicum: Innovation & Branding ?
MKTG-SHU 154 Digital Marketing Analytics* Pre-req: Statistics for Business and Economics and Introduction to Marketing
MKTG-SHU 228 Strategic Marketing in China: Live Projects and Case Studies* Pre-req: Intro to Marketing or faculty permission
Others
ECON-SHU?3 Business and Economics Honors Seminar* Pre-req: Senior standing; Fall Bus Honors admit only
BUSF-SHU 200D Business Consulting in China Pre-req: Management and Organizations and/or Intro to Marketing, or upon approval by the instructor; requires junior or senior standing
BUSF-SHU 221 Pro Responsibility & Leadership ?
BUSF-SHU?225 Negotiation and Consensus Building ?
BUSF-SHU 270 Financial Reporting & Disclosure Pre-req:?Principles of Financial Accounting
BUSF-SHU 271 Artificial Intel for Business* Pre-req:?Calculus and ICP. Sophomore or above students.
BUSF-SHU 310 Data Science for Social and Information Networks Pre-req: ICP and Calculus
BUSF-SHU 311 New Venture Strategy Pre-req: not open to freshmen
BUSF-SHU 350 Managerial Accounting Pre-req:?Principles of Financial Accounting
IMBX-SHU 101 Life Design ?
IMBX-SHU 102 Global Experience Design ?
IMBX-SHU 103 Understanding Financial Technology Pre-req: Basic finance and/or fintech knowledge would be helpful
IMBX-SHU 105 Introduction to the Technology Innovation Process ?
IMBX-SHU 211 Design Thinking ?
IMBX-SHU 232 Entrepreneurship Explored ?
IMBX-SHU?241 Creative Learning Design ?
CCSF-SHU 132 Creativity Considered ?
CHINA BUSINESS STUDIES COURSE - Choose One
ECON-SHU?3 Business and Economics Honors Program* Pre-req: Senior Standing; Fall Bus Honors admit only
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BUSF-SHU 188 Chinese Business and Finance ?
BUSF-SHU 200B Real Business Case Projects ?
BUSF-SHU 200D Business Consulting in China* Pre-req: Management and Organizations or Intro to Marketing,?requires Junior or Senior standing
BUSF-SHU 206 Investing & Financing in China Pre-req: Foundations of Finance, Corporate Finance and Economics of Global Business (or Macroeconomics)
BUSF-SHU 286 Chinese Financial Markets* Pre-req: Foundations of Finance
BUSF-SHU 288 Doing Business with China Pre-req: Junior and senior standing
BUSF-SHU 312 International Business & Trade Pre-req:?Business Majors; Senior or Junior Standing
MKTG-SHU 228 Strategic Marketing in China: Live Projects and Case Studies* Pre-req: Intro to Marketing?or faculty permission
OPTIONAL: "Accounting Track"
BUSF-SHU 250 Principles of Financial Accounting* Can be double-counted as a Business Core
Two Accounting Elective Courses See list here.
OPTIONAL: "Business Analytics Track"
BUSF-SHU?210 Business Analytics Can be double-counted as a Business Core Elective
BUSF-SHU?142 Information Technology in Business and Society?* Can be double-counted as a Business Core Elective
One Operations/Information System/Analytics Elective Course See list?here.
OPTIONAL: "Management Track"
BUSF-SHU?301 Management and Organizations* Can be double-counted as a Business Core Elective
Two Mangement Elective Courses See list?here.
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OPTIONAL: “Marketing Track”
MKTG-SHU?1 (9001)/BUSF-SHU?302 Introduction to Marketing Can be double-counted as a Business Core Elective.
Two Marketing Elective Courses See list?here.
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Recommended Spring 2021 Courses

Recommended Courses in Spring?2021?for Freshmen

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

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Recommended courses in Spring 2021?for Sophomores

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

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

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

Business and Finance Major Curriculum Worksheet (AY 2020-21 Academic Bulletin)

Independent Study

Students are permitted to work on an individual basis under the supervision of a full-time faculty member in the Business discipline if they have maintained an overall GPA of 3.0 and have a study proposal that is approved by a Business faculty member. The results of the study are embodied in a report of a type required by the instructor.

Prerequisite Chart

Prerequisite Chart - Business