NYU Stern Policies

Please read the NYU Stern Policies for this course.

Overview

Professors co-teaching this course:

MBA ACCT-GB-3303 Specializations:

This course equips you with the tools to identify profitable opportunities, design effective financial incentives, and implement sound business plans. It is organized around four core themes: cost analysis, investment evaluation, incentives, and interdependencies.

Cost analysis focuses on indirect cost allocation, non-linear costs, activity-based costing, and value-chain analysis. Investment evaluation examines value metrics, ROI, KPIs, and real options. The incentives module explores pay-for-performance design and budgeting variances. Finally, interdependencies address joint costs, bundled products, and transfer pricing.

Help and Office

Prerequisites

Administrative Issues

Materials

Attendance and penalty for missing classes

Requiring attendance is necessary for several reasons. First, you incorrectly assume you can catch up on a missed class by watching a recording (if available). Videos do not engage your brain as much as a live class. Second, less than 20% of you watch the recording (if available). You are then lost in class, which provides the wrong signals to me as an instructor. Third, your absence hurts class discussions. Fourth, you miss out on feedback if you do not work through the questions we pose in class. Fifth, we lose the feedback since there are fewer questions.

The policy below will be in effect only after the add/drop period.

Without mandatory attendance, attendance is often below 50%. Therefore, though we dislike doing this, we penalize absences. If you anticipate being absent for good reasons, please email me well in advance. Please enter "Excused" on the attendance sheet described below to avoid the penalty if approved. If you miss a class due to emergencies and cannot tell me in advance, do not panic. Take care of the emergency first, and then email me. We will permit you to change the "Absent" to "Excused." But if you miss a class without a valid reason, there is a penalty, as stated below.

For sections meeting in 150-190 minute sessions, you will lose one grade (A to A-, A- to B+, B+ to B, B to B-, and so on) for EVERY missed session unless you were explicitly excused via email. Thus, if you miss two class sessions, you will lose two grades, and so on.

For sections meeting in 75-80 minute sessions, you will lose one grade (A to A-, A- to B+, B+ to B, B to B-, and so on) for EVERY TWO missed sessions unless you were explicitly excused via email. Thus, if you miss four class sessions, you will lose two grades, and so on.

Please sit in the same seat in every class and display your name tags. For Zoom classes, you must keep your video on AT ALL TIMES. You must also have a good working headset or mic, as it is extremely rude to be inaudible and force me to ask you to repeat yourself. After entering the class, please mark yourself present on the OneDrive sheet within the first 20 minutes (link posted on Brightspace). You will be marked absent if you are more than 20 minutes late, unless it is due to factors beyond your control (traffic, subway delays, or interviews running late). You will also be marked absent if you leave the class early unless you have my permission or get it afterward. You will get an F in the course if you are caught cheating on the attendance sheet.

Exams and Grading

Dan Gode's Almaris Assignments

Yeo 1: Introduction

Yeo 2: Key Cost Concepts

Yeo 3: Challenges with Normal Absorption Costing

Yeo 4: Activity-Based Costing and Activity-Based Management

Yeo 5: More on Budgeting

Yeo 6: Mid-Term Exam

Gode 7: Performance measurement and incentives

Gode 8: Recruiting and incentives

Gode 9: Share-based compensation

Gode 10: Transfer pricing

Gode 11: Economies of scale and scope

Gode 12: Real options, ROI, and IRR