Course Index
Core Courses
Core courses for the Stern at NYUAD EMBA program take place in primarily in Abu Dhabi with several global residencies throughout the program.
Core courses comprise 24 credits of the overall requirement of 54 credits.
Foundations of Finance (3 credits) [COR1-GB.2311]
This is a quantitative course introducing the fundamental principles of asset valuation within the framework of modern portfolio theory. The key analytical concepts are present value option, value risk-diversification and arbitrage. These tools are used to value stocks, bonds, options and other derivatives with applications to the structure of financial markets portfolio selection and risk management.
Financial Accounting & Reporting (3 credits) [COR1-GB 1306]
Accounting reports are an important means of communication with investors. This course focuses on the development analysis and use of these reports. It provides an understanding of what these reports contain, what assumptions and concepts accountants use to prepare them, and why they use those assumptions and concepts. The course uses simple examples to provide students with a clear understanding of accounting concepts. It stresses the ability to apply these concepts to real world cases which by their very nature are complex and ambiguous. In addition to text oriented materials, the classes also include cases so that students can discuss applications of basic concepts actual financial reports and articles from newspapers. In addition to traditional introductory topics, other topics may include mergers and acquisitions, purchase and pooling, free cash flow, and financial statement analysis.
Firms & Markets (1.5 credits) [COR1-GB 1104]
This course aims to give you insight into how markets work. We will start by studying consumer and firm decision-making and how they interact with each other in markets. We will use tools based on game theory to understand firms’ strategic behavior in various situations. We conclude by analyzing how market conditions impact firm profitability and efficiency. Microeconomics (as this course’s topic is frequently referred to) is an essential component of an MBA education. First, microeconomics gives us important insights into specific dimensions of optimal firm decision-making, such as pricing and entry and exit. Second, the formal economics perspective on business plays a vital role in other areas of MBA study, such as finance, strategy, and marketing. Some key concepts we will introduce include economic incentives, marginal analysis, opportunity cost, market competition, strategic behavior, and asymmetric information. Our experience with students is that much of this is intuitive, but much is not, and we hope that the combination of theoretical structure and practical examples will provide you with valuable insights in the years to come.
Leadership in Organizations (3 credits) [COR1-GB 1302]
Organizations of all types face significant challenges. These include the difficulty of coping with highly dynamic business environments, the complexity of managing global enterprises, how to shape a healthy corporate culture, managing politics and conflict between individuals and organizational units, motivating a highly mobile and ever changing workforce, managing and harnessing intellectual capital, and so on. Such challenges and how organizational leaders can deal with them are the subject of this course.
This course has two major components. The first is “macro” in nature. It focuses on organizational level issues, such as how an organization should be designed to best achieve its goals and how culture and control affect organizational dynamics. The second part is more “micro” in nature. It focuses on employee-related challenges, such as how to get things done in politically sensitive environments, evaluate and reward people, and manage teams. The macro component is concerned with overall organizational performance while the micro component is concerned with managing individual and group effectiveness. And leadership is the linking pin that connects these two.
This course will introduce you to central theories and frameworks in management and organizational behavior. It will help you to understand how to apply those theories and frameworks to understand and address organizational challenges and problems. An understanding of organizations and their management is important for anyone who plans to work within an organization as career success hinges on one’s ability to accurately read and respond to the organizational context within which one operates. The course will also give you an opportunity to reflect on the skills that are required for being a better manager and leader.
Marketing (3 credits) [COR1-GB 2310]
This course provides an overall view of marketing in a customer-driven firm focusing on essential marketing skills needed by successful managers in all business functions Topics include how individual and organizational consumers make decisions, segment markets, estimate the economic value of customers to the firm, position the firms offering effective marketing research, new product development and pricing strategies, communicate with consumers, estimate advertising’s effectiveness, and manage relationships with sales force and distribution partners. The course also studies how firms must coordinate these different elements of the marketing mix to ensure that all marketing activities collectively forge a coherent strategy. The importance of combining qualitative and quantitative concepts in effective marketing analysis is also examined. The course uses a combination of lectures class discussions and case analysis Marketing is a core course and assumes no prior knowledge of marketing. However, there are certain concepts from Firms Markets that students should have mastered including price elasticity of demand, price discrimination, marginal cost, marginal revenue, efficient scale for production capacity, diminishing returns utility functions, and utility curves.
Professional Responsibility (1.5 credits) [COR2-GB 3101]
This course is designed to inspire you with a positive vision of what business can be, a realistic vision of what it often is, and a roadmap for how to navigate through the hazards and opportunities you will face in your career. You will learn:
- The types of traps that lure business professionals into ethical lapses and criminal behaviors.
- Moral psychology to understand how well-intentioned professionals can get lured into such traps.
- Conceptual frameworks that help you to navigate ethical gray zones with more confidence and better results.
- What characterizes companies with positive ethical values, and why you are better off working for them, or creating them.
- You may, if you choose, commit yourself to a standard of professional conduct that will help to make your work more fulfilling and honorable.
Statistics & Data Analysis (1.5 credits) [COR1-GB 1305]
This course is designed to achieve an understanding of fundamental notions of data presentation and data analysis and to use statistical thinking in the context of business problems. The course deals with modern methods of data exploration designed to reveal unusual or problematic aspects of databases.
Strategic Communication (1.5 credits) [MCOM-GB 2105]
This course supports your success as an effective communicator, innovator and business leader in an age that demands immediacy, authenticity, and transparency. Translating your ideas into successful initiatives requires a communication discipline with the capacity to connect with multiple audiences from diverse cultural, intellectual and professional backgrounds. Strategic Communication (formerly Business Communication) introduces the basics of communication strategy and persuasion: audience analysis, communicator credibility, and message construction and delivery. Written and oral presentation assignments derive from cases that focus on communication strategy. Students receive significant feedback and coaching to improve presentation and writing effectiveness. Students will also examine aligning an organization’s message with its business strategy and stakeholder expectations to achieve and maintain a strong reputation.
Strategy (3 credits) [COR1-GB 2301]
This course studies two related issues. The first is how to gain advantage against competitors in the complex and dynamic global marketplace. Core business strategy themes include how to analyze the business environment, assess resources and capabilities, and choose competitive strategies. The second issue is how to create corporate value through configuring and coordinating multi-business activities. Core corporate strategy themes include analyzing scale and scope, evaluating corporate competencies, managing the multi-business corporation, and choosing corporate strategies.
The Global Economy (1.5 credits) [COR1-GB 2113]
We use the tools of international macroeconomics to explore the economic environment facing firms operating around the globe. Central issues include the role of economic policy and institutions in the performance of firms and nations; economic indicators and forecasting; employment and unemployment; interest rates, inflation, and monetary policy; global trade in goods and capital; foreign exchange rates; and emerging market crises. These issues are considered from the perspectives of both firms and countries.
Experiential Requirements
Stern Signature Projects
Stern Signature Projects for the Stern at NYUAD EMBA program take place in Abu Dhabi in the Spring of Year One and Year Two.
Stern Signature Projects comprise 6 credits of the overall requirement of 54 credits.
Stern Signature Project 1
This experiential project-based course bridges academic theory with professional practice in a global context. It empowers students to address complex strategic challenges faced by multinational corporations and organizations operating across various international markets. Working in diverse teams, students will apply their knowledge to a real-world strategic problem, developing innovative and actionable solutions. This course plays a significant role in fostering students’ understanding and application of classic and contemporary frameworks for strategy, project management as well leadership and team work, adapting them to the unique complexities of the global business landscape. Students from varied professional backgrounds will benefit from the guidance and expertise of a team of faculty, including a faculty advisor. The course culminates in a presentation where student teams will outline their approach, detail the processes and analyses conducted, present findings, and propose recommendations and action plans.
Stern Signature Project 2
This course builds on the first segment of the Signature Project: Global Perspectives of Doing Business course, deepening students’ knowledge and skills for effectively engaging with multinational organizations to solve their business challenges. Students will continue to develop and lead as high-performing teams, with the goal of delivering top-quality results in a limited timeframe. To support team efforts, this course will provide students with strategies, tools, and techniques for navigating the complexities of global team dynamics, including cultural differences and cross-border collaboration. Teams will be supported by their faculty advisor as they apply their management and leadership competencies to accomplish their projects. The course will conclude with a comprehensive team report and final presentations that detail the teams’ approach to addressing the problem, results from their analysis, international recommendations, and implementation strategies that focus on the UAE, the Gulf, and other relevant global contexts.
Specializations and Electives
Elective courses for the Stern at NYUAD Executive MBA program take place in year two.
Elective courses comprise 24 credits of the overall requirement of 54 credits.
Stern at NYUAD Executive MBA students may choose to take electives that allow them to pursue a specialization across five subject areas. Students are not required to specialize in a subject area.
We offer a number specializations in each of the following areas:
- Business Analytics
- Finance
- Leadership, Management, and Strategy
- Marketing
- Technology, Innovation, and Entrepreneurship
In order to qualify for a specialization, a student must complete nine credits (typically the equivalent of three elective courses) in a subject area. Students interested in acquiring a second specialization can choose to take an additional elective.
Please note that this is a selection of specializations and courses and is subject to change. Additionally, the list of careers in each section below highlight a few of the many different career paths available for each specialization.
Business Analytics
The Business Analytics specialization area teaches the use of data and models to extract insights and make data driven decisions in business. Students learn how to model such relationships, including but not limited to the impact of advertising on sales, how historical data predict stock returns, and how changes in project task characteristics can influence time to completion.
Sample Specializations:
- Business Analytics
Sample Elective Courses:
- Data Science for Business: Managerial
- Regression and Multivariate Data Analysis
- Analytics and Machine Learning for Managers
Especially Applicable to Careers in Consulting, Analytics, Tech, Finance, and Marketing
Finance
This area of specialization offers insight into how financial markets function and provides the necessary knowledge and technical skills for students seeking positions in industry, financial institutions, government, or nonprofit organizations.
Sample Specializations:
- Banking
- Finance
- Financial Instruments and Markets
- Quantitative Finance
Sample Elective Courses:
- Debt Instruments and Markets
- Entrepreneurial Finance
- AI and Finance
- Valuation
Especially Applicable to Careers in Finance, Financial Services, Institutional Sales and Trading, Consulting, and Real Estate
Leadership, Management, and Strategy
This area of specialization helps students develop their leadership potential and their understanding of the strategic challenges, techniques, and burdens associated with growing, competing, and prospering in the marketplace. Students will gain an overall understanding of the management process of both large and small companies, coupled with the individual skills and advanced strategic thinking necessary to serve as senior managers of business units or entire organizations.
Sample Specializations:
- Management
- Strategy
Sample Elective Courses:
- Collaboration, Conflict, and Negotiation
- Global Strategy
- Managing Change
- Sustainability for Competitive Advantage
- Technology Innovation Strategy
Especially Applicable to Careers in Consulting, General Management, Entrepreneurship, Family Business, and Social Enterprise
Marketing
This area of specialization prepares students to understand and apply the marketing perspective. This involves problem-solving approaches for matching the market mix (products, services, distribution, advertising and pricing) to the demand of market segments, e.g., consumers, within the context of competitors, intermediaries, facilitators, mass media, and government.
Sample Specializations:
- Brand Management
- Marketing
Sample Elective Courses:
- Brand Strategy
- Consumer Behavior
- Marketing Strategy for the Service Economy
- Research for Customer Insights
Especially Applicable to Careers in Consumer Products, Brand Management, Luxury Retail, and Entertainment & Media
Technology, Innovation, and Entrepreneurship
This area of specialization equips students with the tools and concepts necessary to identify new business opportunities and implement them, whether in startups or existing companies. Further, it prepares entrepreneurially-minded students with a valuable understanding of what it is like to work in venture capital, private equity, social entrepreneurship, and small businesses. Students will also develop the ability to create, test, and deploy innovative ideas in technology-enabled businesses.
Sample Specializations:
- Entrepreneurship and Innovation
- Management of Technology and Operations
- Tech Product Management
Sample Elective Courses:
- Emerging Technology and Business Innovation
- Intro to AI & Its Applications in Business
- Foundations of Entrepreneurship
- Tech Product Management
- Technology Innovation Strategy
Especially Applicable to Careers in Entrepreneurship, Product Management, Technology Management, R&D Management