For 200 years, New York City and Financial Services have been synonymous. Beginning with the formation of the New York Stock and Exchange Board (1817), New York has grown into one of the pre-eminent global financial centers. Banks like JP Morgan and Goldman Sachs are headquartered here, so are large money managers like Blackrock and AB Global, not to mention countless private equity firms, hedge funds and fintech companies. New York is the financial capital of the world, and there is no better place to learn more about this dynamic, rapidly changing industry.
Finance in New York is actually three courses, allowing you to enroll in one of them, all of them, or the combination that best suits your needs and experiences to date.
Introduction to Finance (1 unit taught over MLK weekend, January 18-20)
This weekend Bootcamp introduces students to some of the core concepts of finance. The course will use a series of building blocks (time value of money, risk-reward) to create a foundation before exploring how to determine fair value of two common asset classes, bonds & equities.
Finance in Depth (2 units, taught once/week)
Building on the skills acquired in the Bootcamp, a series of guest lecturers explore a number of other asset classes in more detail. Classes will examine the purposes of the asset classes, as well as looking at key drivers for price movement for the asset, and give an overview of how best to determine fair value for an asset. Topics covered may include M&A, advanced equity and bond valuation, rates, currencies, commodities and real estate.
Finance in Context (2 units, taught once/week)
Targeted at students with an interest in the impact of current events on financial markets (and vice-versa), the class will be a series of discussions about major global themes and events, and will discuss how they impact financial markets. Topics may include trade, central bank policy, energy, fed policy, and emerging markets.
Ben Allanson spent the past 8 years working in the financial services industry. He has an MBA from the NYU Stern School of Business. As a Stanford undergraduate, he studied Political Science and Classics and played rugby. He has served on the boards of several Stanford alumni groups.