Program Description
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, analytics, 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.
Admissions
New York University's Office of Undergraduate Admissions supports the application process for all undergraduate programs at NYU. For additional information about undergraduate admissions, including application requirements, see How to Apply.
Program Requirements
Course List
Course |
Title |
Credits |
CCSF-SHU 101L | Global Perspectives on Society | 4 |
| 8 |
WRIT-SHU 102 | Writing as Inquiry | 4 |
WRIT-SHU 201 | Perspectives on the Humanities | 4 |
1 | 8-16 |
MATH-SHU 131 | Calculus 2 | 4 |
| 4 |
| 4 |
| 4 |
BUSF-SHU 101 | Statistics for Business and Economics | 4 |
BUSF-SHU 202 | Foundations of Finance | 4 |
BUSF-SHU 250 | Principles of Financial Accounting | 4 |
ECON-SHU 3 | Microeconomics | 4 |
ECON-SHU 251 | Economics of Global Business | 4 |
BUSF-SHU 303 | Corporate Finance | 4 |
| 8 |
| Information Technology in Business & Society | |
| Business Analytics | |
| Operations Management | |
| Management and Organizations | |
| Introduction to Marketing | |
3 | 8 |
| Futures and Options | |
| Debt Instruments and Markets | |
| Equity Valuation | |
| Entrepreneurial Finance | |
| Business Topics Course: Financial Market Volatility Modeling | |
| Private Equity & Venture Capital in Asia and Emerging Markets | |
4 | 8 |
| |
| |
| |
| |
| |
| |
5 | 4 |
| Business Consulting in China | |
| Chinese Financial Markets | |
| Doing Business with China | |
Total Credits | 128 |
Optional Business and Finance Tracks
- Business Accounting Track
Business and Finance majors may complete a “Business Accounting track” within the major by taking Principles of Financial Accounting and Managerial Accounting and choosing one approved accounting course in fulfilling their two “Non-Finance Elective” requirements. Students should consult their academic advisor on the approved courses.
- Business Analytics Track
Business and Finance majors may complete a “Business Analytics track” within the major by taking Business Analytics and Information Technology in Business & Society as the Business Electives and choosing one additional Operations/Information System/Analytics course (e.g., Operations Management) in fulfilling their two “Non-Finance Elective” requirements.
- Business Marketing Track
Business and Finance majors may complete a “Marketing track” within the major by taking Introduction to Marketing as one of their Business Electives and choosing two Marketing Elective courses in fulfilling their two “Non-Finance Elective” requirements.
- Business Management Track
Business and Finance majors may complete a “Management track” within the major by taking Management and Organizations as one of their Business Electives and choosing two approved management courses in fulfilling their two “Non-Finance Elective” requirements. Students should consult their academic advisor on the approved courses.
Seniors Thesis Requirement
All NYU Shanghai Business major students are required to submit a Senior Thesis paper to satisfy their graduation requirements. It serves to showcase their accumulated knowledge in business during their undergraduate studies. The Senior Thesis requires students to write an independent paper under the supervision of a course instructor or in consultation with faculty experts. Professors from other NYU sites may also serve in this role. A panel of business professors review all the submitted Senior Theses for approval. The Senior Thesis is submitted in the final semester of a student’s senior year.
Learning Outcomes
Upon successful completion of this program, students will display:
- Proficiency: Students will gain proficiency in the main disciplines of finance, so they can provide value in various types of organizations.
- Intellectualism: Students will exhibit intellectual curiosity and a deeper understanding of the modern global business environment and its economic structure.
- Global experiences: Students will demonstrate their understanding of different cultural environments and how to become better managers in an increasingly integrated world.
- Social impact and decision-making: Students will achieve understanding of the role of business within our global society and be able to measure trade-offs to improve decision-making
Policies
Prerequisite Course for Declaring a Major
Final grade of C/ current semester midterm grade of B or higher in Statistics for Business and Economics.
Major Policies
- Students need to pass Calculus with a grade of C or above to fulfill the math core requirement for the business majors.
- Students can only take ECON-SHU 3 Microeconomics in Shanghai. It is highly recommended that students complete ECON-SHU 3 Microeconomics prior to study away.
- Students may take up to three Stern Business courses per semester while studying away.
Secondary Major Guidelines
Students who are interested in pursuing a Data Science major along with a Business major have the option to double-count more than two courses between the majors. To complete both majors successfully, students would need to complete the course requirements for both majors. However, the following courses are allowed to be double-counted toward both majors:
NYU Policies
University-wide policies can be found on the New York University Policy pages.
NYU Shanghai Policies
Additional academic policies can be found on the NYU Shanghai Academic Policies page.