Course Announcements

Spring 2026 Course Announcements

Business and Society

Social Entrepreneurship (3.0 credits)
BSPA-GB.2311 
Prof. Hans Taparia & Prof. Rachel Kowal
Tuesdays, 4:55pm–5:50pm (February 3-April 28, 2026)
India Trip: March 16 - March 21, 2026
Specializations: Sustainable Business & Innovation

This course, titled Social Entrepreneurship India, is dedicated to exploring the depths of this rapidly evolving domain in a powerfully unique way. Over half of the semester, the course will explore definition, offer context on how it fits into broader economics and management frameworks, introduce high impact case studies, offer tools to identify social sector problems and create solutions, explore business designs, and examine methods to measure impact. Over spring break, the class will travel to India, the world’s most populous nation and where social entrepreneurship is operating at the cutting edge. On the ground, the class will visit several best-in-class enterprises, and it will also work with a community-based nonprofit in a rural part of the country which is building its own community-oriented business incubator. During the second half of the semester, students will apply the principles of social entrepreneurship toward completing a project that supports the growth and impact of this on-ground incubator. 

NOTE: India Trip: March 16 - March 21, 2026 
NOTE II: Students will need to be in India by Sunday, March 15th; The India program begins promptly at 8:00 am on Monday, March 16th. In order to arrive in India on time for the program start, students should plan on departing NYC on Friday, March 13th. Students will be responsible for arranging and covering the cost of their own airfare to/from India. Accommodations in double occupancy rooms will be provided and covered by Stern.

Finance

Investment Management (3.0 credits)
FINC-GB.2306
Prof. Philip Vasan
Tuesdays & Thursdays, 1:30pm-2:50pm
Specializations: Finance

The new Investment course would spend time on the three major types of financial assets (equity, debt, and derivatives) covering how they are traded, how they are used, and how they are priced, while also examining important investment products offered by financial Intermediaries (e.g., Mutual Funds, ETFs, Hedge Funds, Private Equity Firms/Funds, Venture Capital Firms/Funds, and, Real Estate Investment Trusts).

History of Financial Crises (3.0 credits)
FINC-GB.2314
Prof. Peter Koudijs
Thursdays, 9:00am-10:20am
Specializations: Economics, Finance

Financial crises are as old as financial markets themselves. There are many similarities between historical events. More often than not, financial crises are the result of bubbles in certain asset classes or can be linked to a specific form of financial innovation. This course gives an overview of the history of financial crises. We go back almost 400 years and start with the Tulip mania of 1636. From there we will slowly make our way back to today, encountering many crisis episodes that are relevant from today’s point of view. The course is organized around two themes: 1. Asset prices bubbles: 2. Credit, banks and the amplification of shocks through the financial system. We will see that these are recurring themes in the history of financial crises. The purpose of this course is to understand the causes of past crises and to develop a conceptual framework that ties common elements together. We will discuss the lessons that we can draw for financial markets today.

Financial Economics of Risk and Insurance (3.0 credits)
FINC-GB.3316
Prof. Adam Solomon
Thursdays, 6:00pm-9:00pm
Specialization: Finance

This course examines how insurers and financial markets price, pool, transfer, and manage risk. We analyze insurer value creation via risk transformation and asset-liability management, exploring market frictions (adverse selection, moral hazard, ambiguity, behavioral factors, regulation) through theory and case studies. We also cover innovative approaches to managing major tail risks—stemming from financial crises, climate change, longevity trends, and technological disruption—using tools like reinsurance, catastrophe bonds, and public/private partnerships. The course prepares students for diverse risk roles at insurers, reinsurers, specialized asset managers, emerging FinTech/InsurTech ventures, risk consulting firms, and corporate risk management.

Restructuring and Distressed Investing (3.0 credits)
FINC-GB 3308
Prof. Dan Kamensky
Mondays & Wednesdays, 9:00am-10:20am
Specialization: Finance

This is a rigorous practitioner-based course with a substantial workload. It will teach participants the required financial, credit and legal skills necessary to understand and analyze corporate credit and distressed opportunities through a systematic methodology. The framework used in the course includes a multi-step approach covering qualitative & financial statement analysis, financial projections, corporate valuation techniques, structuring and documentation, and stakeholder rights to enable students to analyze actual financial disclosures and real-world situations to make investment recommendations.

Management

Building Venture-Scale Startups (1.5 credits)
MGMT-GB.3136
Prof. Andrew Chang
Wednesdays, 9:00am-11:50am (2nd half)
Specializations: Management

This course is designed for aspiring founders looking to build and fund venture-scale startups. It provides a comprehensive roadmap from initial idea through product development to raising capital from institutional investors. Students will explore how to identify and validate ideas, develop MVPs, craft a compelling pitch, and run a successful fundraise. The course draws on the real-world experiences of founders and investors within NYC's startup ecosystem and includes hands-on simulations, live pitches, and case-based learning.

The Entrepreneurial Mindset for Business Leaders (1.5 credits)
MGMT-GB.2132
Prof. Ashish Bhatia
Mondays, Wednesdays 1:30pm-2:50pm (2nd half)
Specializations: Management, Entrepreneurship & Innovation

Today’s leaders face a world where information is incomplete, change is constant, and hesitation can cost you. This course gives MBA students a powerful new decision-making toolkit grounded in entrepreneurial thinking—designed not for starting companies, but for leading with agility, clarity, and confidence. Through real-world cases, interactive exercises, and practical tools, you'll learn how to: -Make High-Velocity Decisions – Act quickly and strategically without waiting for perfect data. -Think Like an Entrepreneur – Use available resources, take smart risks, and move forward even when the path isn’t clear. -Break Out of Analysis Paralysis – Recognize the habits that slow you down—and learn how to override them. -Lead Through Uncertainty – Build a mindset and culture that embraces iteration, adaptability, and bold action. -Apply Effectual Thinking – Shift from prediction to control, using proven methods to create opportunities from what you already have. This course reframes decision-making as a creative, action-oriented process—giving you the mindset and methods to lead in any environment.

Management Communication

Inclusive Conversations (1.5 credits)
MCOM-GB.3114
Prof. Jenn Wynn
Tuesdays 6:00pm-9:00pm (2nd half)
Specializations: Leadership & Change Management & Management

Research shows that being on inclusive teams makes people more creative, more diligent, and harder-working, and that more diverse leadership teams outperform their less diverse peers in financial returns. Furthermore, inclusion leads to increased innovation, which is critically important in today’s rapidly changing world. So what does inclusion mean and how does one cultivate it? This course aims to develop mindful, inclusive communication skills to enable belonging and increase success for all. With this course, you will gain foundational knowledge of inclusive language, build awareness of your social identities and their relationship to inclusion, and practice increasing inclusion and cross-difference understanding. Through readings, videos, conversation role plays, self-reflection, peer feedback, case analyses, and class discussions, by the end of this course, you will be able to: 1) Recognize to what extent an interaction is or is not inclusive; 2) Apply the knowledge, skills, mindsets, and frameworks learned in this course to maximize inclusion in your conversations at work and beyond; and 3) Empower yourself and others to foster inclusive team communication and to continue ongoing learning about inclusion. Inclusive Conversations is for everyone who wants to create more shared understanding and connection across lines of difference, both 1:1 and in teams. Regardless of your starting point, this course will empower you to grow your emotional, relational, and cultural intelligences.

Cross-Cultural Communication (1.5 credits)
MCOM-GB.2170
Qiuyu Wang
Wednesdays 6:00pm-9:00pm (2nd half)

In an interconnected world, the ability to connect with people from other cultural backgrounds and to navigate cultural complexity with confidence and respect is vital. This course aims to equip students with the knowledge and practical skills to engage effectively in multicultural and international settings. Through lectures, discussions, group exercises, and guest speakers, students will enhance their cultural intelligence, learn different frameworks, and develop the skills to communicate authentically with clarity and cultural sensitivity. We will also cover challenges and strategies for leading multicultural teams, negotiating across cultures, and communicating confidently and effectively during challenging intercultural situations. 

Operations Management

Foundations of AI Agents (1.5 credits)
OPMG-GB.3110
Prof. Ilan Lobel & Prof. Srikanth Jagabathula
Tuesdays, 9:00am-11:50am (2nd half)
Specializations: Management of Technology and Operations, Tech Product Management - (Section B), Supply Chain Management and Global Sourcing - (Part I)

This hands-on course gives MBA students a practical foundation in generative and agentic AI. Students will work directly with neural networks, embeddings, transformers, and large language models (LLMs). The students will learn how to build AI agents that are capable of learning by interacting with the environment, planning, and making automated business decisions. Students will explore recent advances in reinforcement learning and AI simulators that undergird agentic AI systems. Through applied projects, students will develop working mental models and learn to prototype and evaluate AI tools for real business problems. The course prepares students to lead the implementation and integration of AI systems for large-scale decision-making.

Spring 2026 By-Permission Only Courses

Experiential Learning

Stern Signature Projects (3.0 credits)
INTA-GB.3330
Faculty: TBD
Day: TBD, 6:00-9:00pm
To apply, visit the Experiential Education website

NYU’s research continually drives innovation for the global challenges of tomorrow. Stern Signature Projects (SSPs) pair student teams with research centers and SMBs to address some of the most pressing issues of the 21st century. Structured as semester-long academic independent studies, these opportunities allow students to customize their MBA experience by driving thought leadership across an array of global and interdisciplinary questions. Each semester’s unique projects take place domestically and globally.

FinTech Experiential Learning (3.0 credits)
INTA-GB.2313
Prof. Kathleen Derose
Tues, Thurs: 10:30-11:50am
To apply, visit the Experiential Education website

This inter-departmental course provides hands-on experience in the emerging Fintech discipline. It is intended to immerse students in a semester-long project evaluating fintech innovation projects within the financial services sector. The projects will enable the partner company to develop a deep understanding of the financial services customer of the future, and the products and services the financial institution will need to deliver. Fintech refers to financial sector innovations involving technology-enabled business models that can facilitate disintermediation, revolutionize how existing firms create and deliver products and services, address privacy, and regulatory challenges, provide new gateways for entrepreneurship, and see opportunities for inclusive growth.

CPRL Education Practicum (3.0 credits)
Faculty: TBD
Day: TBD
Please email experiential@stern.nyu.edu if you are interested in applying

Through the CPRL Education Practicum, Stern MBA students have the opportunity to work with a consortium of business, policy, education, and law students from top tier upper-level graduate programs. This is an intensive, full-semester practicum and seminar in the theory and methods of managing, governing, and transforming public- and social-sector organizations in K-12 education. *This course takes place at Columbia University*

Experiential Learning/By Lottery

Communication for Consultants (3.0 credits)
MCOM-GB.3311.30
Prof. Brian Hanssen
Wednesdays, 6:00-9:00pm

Clients expect the consultant to listen well to their perceived needs, engage collaboratively with their staff and ultimately communicate their insights in a manner that leads to some form of change. In this experiential learning offering, students will take on client engagements. Each project will be based in NYC and have an impact on the City. The assignments will require participation from the initial client meeting, through data collection and finally presenting to the client. While the course experience will entail considerable field work, students will be supported by class work that focuses on the communication tools in a typical consulting contract.

Consulting Practice (3.0 credits)
MGMT-GB.3306.30
Faculty: Prof. Brett Baptist, Prof. Yasmin Ibrahim & Prof. Bhushan Sethi
Mondays, 6:00-9:00pm
Please complete intake form for review.

In the business world, consultants help analyze and solve organizations’ most challenging problems. Consultants tackle these challenges by applying a structured approach to their analyses; this in turn allows for successful problem-solving across industries. Through the Stern Consulting Corps (SCC), students learn these skills in a hands-on, for-credit course with blue chip brands as the project partners. In SCC, teams of MBA students create lasting, business-driven impact with our partners by crafting actionable business plans and targeting opportunities for growth. 

Finance

Global Real Estate Immersion: UAE (3.0 credits)
FINC-GB 2344.D1
Prof. Sam Chandan
Trip and Pre-trip meetings (see syllabus)
See syllabus for application

While commercial real estate development, asset management, and the legal and tax framework of investment and lending remain inherently local features of a worldwide sector valued at more than $300 trillion, institutional real estate equity and debt capital flows have become increasingly global over the last several decades. 

For students seeking careers in the institutional real estate industry and related sectors, whether in New York and other global cities, interaction with cross-border investors, private equity platforms, lenders, property technology entrepreneurs, and others will be the norm rather than the exception. This course introduces students to real estate finance and investment analysis in non-US settings, special issues when deploying equity and debt capital internationally, and approaches to analyzing global portfolios. The skills and experiences acquired in this course are broadly applicable and not limited to real estate. 

The highly experiential course is structured around direct interaction with global real estate developers, investors, lenders, and policymakers in a major non-US market, supplemented by pre-departure meetings in March and April, an intensive schedule of visits in the UAE, and case-based deliverables. 

This course will count toward the Real Estate specialization. For questions, please contact realestate@stern.nyu.edu and intl@stern.nyu.edu.

Marketing

Commerce & Craft Cinema: Cannes Film Festival (3.0 credits)
MKTG-GB.2142 (Part I) On campus classes at Stern during Spring 2026 semester.
MKTG-GB.2143 (Part II) Travel component to festival during Summer 2026 semester (late May). If graduating in 2026, your official graduation date will be designated as September 2026.
Prof. Alvin Lieberman
Trip and Pre-/Post-trip meetings (see syllabus)
To apply, visit here.

This is a specialized EMT course, designed to provide students with a framework for understanding the dynamics of the global film industry including the complete process from crafting the idea for a film script, hiring or becoming a producer, financing the project, selling it to a studio or independent production company, building a team, production elements, post production including music acquisition, and the selling or distribution to a global marketplace. The course will include learning about distribution and exhibition, marketing and building audience awareness, research applications, international licensing, and preparation for a career in the industry. It consists of class sessions in the Spring semester and travel to the festival in the Summer semester. In addition to tuition, students have to pay for travel and living expenses.

Operations Management

Operations in Panama: A Man, A Plan, A Canal (3.0 credits)
OPMG-GB.2312
Prof. Harry Chernoff & Prof. Kristen Sosulski
Trip and Pre-/Post-trip meetings (see syllabus)
See syllabus for application

This exciting advanced elective from the ToPS department will be a three (3) credit course studying the history, major business operations, and future of the country of Panama. 

Panama has developed as the economic hub of Latin America and leads this area of the world in economic, logistics and hospitality operations. Our course tracks the development of the country as an independent nation and highlights the importance of Panama in the Global Shipping Supply Chain. 

Through readings, classroom discussion and a one-week visit to the country, students will learn, analyze and observe the intricacies of the Panama Canal, various hospitality developments and the history and future challenges that Panama faces. 

The Panama Canal is certainly the country’s major attraction, and process techniques and strategies abound within this fascinating operation. Included in our week travel in Panama will be extensive real estate projects and major tourism improvements that have been provided by the financial revenues from the canal. The course is a unique opportunity to learn about these operations and speak to the major decision makers leading Panama.

Summer 2026 Course Announcements

DBi

DBi Austria (1.5 credits)
DBIN-GB.3125
Pre-depature class: July 22, 2026
Class Travel Dates: August 23 - 29
Specializations: Global Business
By-Application

In this program, students will explore the landscape of Austrian startups, gaining insights from lecturer and guest speakers who are actively involved in the entrepreneurial ecosystem. Austria is also home to many multinational companies operating in the CEE region. In a second step, the program will focus on Austria’s role as a stepping stone for eastward internationalization and will present some of Austria’s flagship MNCs. Finally, the program will delve into the geopolitical significance of Vienna, home to important international organizations such as the OECD, OPEC, and the United Nations. This multifaceted approach will provide students with a comprehensive understanding of both the business environment and the geopolitical context in Austria.