Two new Masters of Science programs will be jointly offered by NYU Shanghai and NYU Stern, enrolling the inaugural class in June 2019. One degree will be in Data Analytics & Business Computing and the other degree will be in Quantitative Finance. Students from the two programs will spend a summer semester in New York City, and then take classes in the fall and spring at NYUSH.

“This new collaboration with NYU Stern fits right within NYU Shanghai’s philosophy of offering innovative graduate programs that are tailored to meet societal needs. The programs are designed to combine the best of both schools and place students at the forefront of business education in China and Asia,” said NYUSH Vice Chancellor Jeffrey Lehman.

NYUSH Chancellor Yu Lizhong explained that this represents a new phase for NYUSH, after having previously focused its first five years on undergraduate education and now expanding to offer its own graduate programs. Currently, students from other NYU graduate programs are able to spend time studying away at NYUSH, including PhD students in Neuroscience and Computer Science, Master’s of Social Work students, and NYU Law students.

These degrees are the first graduate programs to be offered by NYUSH. Eitan Zemel, Vice Dean of Global and Executive Education at Stern, said these programs mark “a milestone event in the life of NYU Shanghai and NYU Stern.” Zemel, as the first Dean of Business at NYUSH, was part of the first discussions of graduate programs at NYUSH. “The sign of this step is that it is the first step, not the last,” said Zemel.

NYUSH already has a robust business program, with 32% of undergraduate students majoring in Business and three different research centers: the Volatility Institute, Center for Business Education and Research, and Center for Data Science and Analytics. Provost Joanna Waley-Cohen thanked NYU Stern for its assistance in developing the business curriculum at NYUSH today.

“We are excited to partner with NYU Shanghai and bring to bear our best finance and data science scholars to prepare the next generation of young minds to excel in two high-growth markets in Asia,” said Dean of Stern Raghu Sundaram. The faculty for the program will be current Stern faculty.

NYUSH’s integration into the business community in China has enabled the Master’s degrees to each feature an advisory board of leaders in their fields. Following the announcement of the two programs, there was a panel discussion including Chief Investment Officer at Xin Tai Fund Management Jixin Dai, Chief Scientist at Ping An Insurance Jing Xiao, CEO of XY Investments Cindy Zhou, and Chief Data Officer of Ctrip Wilson Pang. Other advisory board members will reportedly be leaders of companies such as Chailease Group, Dangdang, Didi, IBM, Jinde Fund, KKR, Publicis Media, and Tencent.

As Master’s degrees, these graduate programs do not require working experience as many MBA programs do. Therefore, Provost Waley-Cohen and other speakers encouraged current NYUSH students to apply.

More information on the program can be found here and applications for the inaugural class will open this summer.