This full-semester, lab course and strengthens your consulting, problem solving, and communication skills through work on a semester-long project with a company that is based in Africa. Students will work with companies that are enrolled in the Entrepreneurship and Competitiveness Africa. Known as EC-Africa, this program is offered by CBS Executive Education and equips African entrepreneurs with the skills, tools, and contacts to professionalize and grow their businesses in today’s global environment. Each company enrolls a team of two or three senior staff — CEO, founder, managing director, CFO, COO, or other leaders. The companies are all looking to scale. Each company is unique in industry and size, and typically ranges from $1M to $15M in annual revenue, and 10 to 500 employees. To learn more about the EC-America program and the enrolled companies, check out the EC-Africa website (https://business.columbia.edu/ecp)
The class is valuable not only for students who are going to work in management consulting after their MBA, but for everybody who wants to apply their learning from the MBA to the benefit of a company as well as those who want to sharpen their entrepreneurial skills. Through MCL, companies get access to CBS MBA students to work on a critical project. In return, MBA students experience a structured approach to learn 1) rigorous problem solving and project management skills, 2) client interactions, and 3) application of knowledge and skills learned in their coursework. The structure of the MCL course is very different than a normal class. The class is almost entirely project-based, and students are grouped into teams of three depending on their expertise.
The projects with companies from EC Africa, will also provide insights into opportunities and challenges for firms in Africa. Africa is the world’s second-fastest growing region – after emerging Asia – according to the African Development Bank Report. 1.3 billion people live in Africa and according to the United Nations, the population is expected to increase to 2.5 billion by 2050. The working-class population in Africa is growing by 2.7 percent each year (compared to 1.3 percent in Latin America and 1.2 percent in Southeast Asia). McKinsey projects that by 2025 two-thirds of the estimated 303 million African households will have discretionary income and consumer spending will reach $2.1 trillion.1 Not surprisingly, many firms and investors are viewing Africa as having tremendous of potential – but there are also uniq
Climate science informs us that global emissions of greenhouse gas emissions must be rapidly and dramatically reduced if humanity is to avoid catastrophic climate change. After three centuries of rising emissions, the entire global economy must now decarbonize in the coming three decades. Fortunately, most of the technologies and investment capital necessary to reduce and eventually eliminate emissions exist or are in development, but the urgency to implement those solutions is critical.
This course provides an overview of climate change, its effects on business, and how businesses can (and should) respond. The course covers emissions sources and their impact on climate change, followed by an exploration of the policy landscape, including current legislation, carbon markets, and climate justice. The course then evaluates current and evolving mitigation technologies, reviews the tools of climate finance, and considers strategies for reducing emissions to net zero. Finally, the course introduces the role of businesses in addressing climate change, including net-zero goals, actions they can take to mitigate their impact, and the perspectives of shareholders.
Throughout the course, the business case for climate action is emphasized, highlighting the economic benefits of taking action to address climate change.
Many advisors mistakenly equate years of practice with competence, overlooking the need for specialized training in family enterprises. Research highlights a troubling misalignment: while family firms prioritize relational concerns as key drivers of business operations, strategy, decision-making, and work roles, advisors often focus on structural and cognitive aspects. This misalignment can lead to ineffective or even damaging outcomes for both the family and the business. The primary objectives of this course are to identify and build the skills related to the profession of advising family enterprises to increase the potential for creating long-term value for clients and advisors and to create awareness around the biggest risks and mistakes advisors may encounter while advising family enterprises, exploring the concept of code of ethics. This course aims to bridge the gap between advisors' general practices and the specific needs of family enterprises by providing specialized education and firsthand cultural experiences. As culture plays a significant role in shaping the decision-making process of enterprising families, particularly in terms of individualism and collectivism, this class offers a unique opportunity to explore the profound impact of these factors on the identity of such families. By immersing ourselves in Italy, we will witness collectivism in action, gaining invaluable insights into its influence within families and among advisors. Moreover, this international trip provides a platform to experience firsthand the contrasting dynamics of transactional and relational environments, enhancing our understanding of the multifaceted nature of business relationships. By the end of this course, participants will have explored and experienced the core of advising family enterprises as a profession, including appreciating specific skills, interpersonal and value-based competencies, and concrete behaviors showing professionalism to be better prepared to appreciate and navigate the complexities of family enterprises. Travel to Italy will take place during spring break, March, 15-21, 2026. The 2025-2026 Global Immersion Program mandatory fee for all classes is $2100 and provides students with double occupancy lodging, ground transportation and some meals. It does not cover roundtrip international airfare. We expect students will arrive into Milan and depart from Florence. Attendance both in New York and in-country and regular participation are a crucial part of the learning experience and a
Mexico is the U.S. largest trading partner and also the largest economy in the Spanish speaking Latin America. Its strategic position, offers a complex and dynamic business environment with rich opportunities resulting from its geographic proximity to the United States, and its pivotal role in the Latin American innovation ecosystem. These opportunities are accelerated by the changing geopolitical forces shaping global trade, and the rapid adoption of technology and artificial intelligence across financial services, e-commerce, healthcare, education, among other sectors. Mexico, however, has faced hard-to-solve challenges limiting its growth and development potential, including chronic inequality, weak legal institutions, high corruption levels, insecurity, among others, that plague other emerging economies. The objectives of this course are twofold. First, to develop an informed perspective of the critical partnership between the United States and Mexico resulting from their geographic proximity, shared border and security concerns, cultural and social ties, deep economic integration, common environmental challenges, and collaboration in the promotion of regional stability. Second, to analyze the challenges and opportunities facing new and growing entrepreneurs in emerging markets, with focus on the Mexican business and innovation ecosystems as a laboratory that is relevant for many emerging economy settings. The class will assess a combination of established business models with emerging tech-enabled companies and will provide direct opportunities to interact with business leaders, founders, financiers and other important figures in Mexico. This three-credit course meets weekly for half a term in the Spring 2026 in New York, followed by a one-week immersion in Mexico, March 14-21, 2026, including company meetings, field trips and the trip extension to Oaxaca that will allow students to immerse into a rich cultural, gastronomical and art journey. Mexico City and Oaxaca are both UNESCO World Heritage Sites. The 2025-2026 Global Immersion Program mandatory fee for all classes is $2,100 and provides students with double occupancy lodging, ground transportation and some meals. It does not cover roundtrip international airfare. Attendance both in New York and in-country and regular participation are a crucial part of the learning experience and as such attendance is mandatory. Students who miss the first-class meeting may be removed from the course. No program fee refunds will be given after the add/drop period has
Europe is at the forefront of climate policy globally. It has ambitious goals, concrete plans, and is working hard on the implementation. It is also facing significant challenges, from high energy costs to sluggish economic growth. Germany, Europe’s largest economy, has been in a recession for 2 years. This class will explore climate through the lens of green industrial policy in Europe, with an eye toward hard-to-abate sectors like steel and cement, the challenges facing companies in these sectors, and the opportunities a push into clean and low-carbon technologies provides.
Climate change represents one of the most significant challenges of our time, fundamentally driven by human activities and amplified by the rapid pace of industrialization and economic growth. At its core, climate change is as much a technological problem as it is an environmental one – enabled by outdated methods of energy production, inefficient resource management, and unsustainable infrastructure. At the same time, technology holds immense promise for solutions for mitigating emissions and adapting to the impacts of a warming planet.
American Innovation in Climate Tech is a spring semester elective course designed for Columbia Business School students to explore the cutting edge of innovation in climate technologies. It aims to provide students with exposure to a range of industries and companies at the forefront of innovation. We will explore the latest breakthroughs and emerging technologies for addressing climate impacts in energy generation, alternative fuels, grid modernization, mobility, decarbonized materials, agriculture, and carbon management. By analyzing recent advancements and engaging directly with industry leaders, entrepreneurs, and project developers, students will gain practical insights into how new technologies are developed, piloted, and commercialized.
This course, offered as part of the programming by the Heilbrunn Center for Graham & Dodd Investing, is part of Columbia Business School’s portfolio of immersion experiences focused on domestic destinations. In addition to the Heilbrunn Center’s New York–based courses and events as well as the annual trips to Omaha for Berkshire Hathaway’s annual meeting, the contents and the discussions have been designed as a complementary initiative and bring a new focus to the growing and vibrant community of fundamental and value investors in the Richmond and Charlottesville area.
This Global Immersion course provides students with knowledge, insights, and experiences with respect to Israel’s innovation ecosystem. What is the “secret sauce” that propelled Israel to its present leadership position, a global innovation and entrepreneurship hub often referred to as “startup nation,” that hails the highest concentration of startups and unicorns per capita? The course's in-class meetings and its one week visit to Israel will provide background and hands on exposure to some of the key drivers, including leadership, politics, economics, geography, and culture. Students will gain an understanding of Israel's unique circumstances and achievements through a combination of academic learnings, guest speakers, business and government leaders that will share first hand experiences and perspectives, and on-the-ground exposure to Israeli businesses, cultural and historical sites. This Global Immersion course begins with six 1.5-hour sessions, followed by a one-week study trip to Israel. The course's pedagogy combines current examples, presentations, guest visits by leaders from business and government. Travel to Israel is planned for March 14-21, 2026. The 2025-2026 Global Immersion Program fee for all classes is $2100 and provides students with double occupancy lodging, ground transportation and some meals; unless an increased fee is otherwise specified in the course description. It does not cover roundtrip international airfare. Attendance both in New York and in country and regular participation are a crucial part of the learning experience and as such attendance is mandatory. Unexcused absences are highly frowned upon and will have negative consequences on class grade, and students who have expected conflicts should not apply for this course. Students who miss the first class meeting may be removed from the course. No program fee refunds will be given after the add/drop period has closed. Please visit the Chazen Institute website to learn more about the Global Immersion Program, and visit the Global Immersion Policies page to review policies affecting these courses. The ongoing conflict in the region over the past two years has fortunately culminated in a recent cease fire, of which the US was instrumental in brokering and enforcing. Nevertheless, it is possible that if the security situation deteriorates, we will have to cancel and offer an alternative travel plan. At present, Columbia's travel insurance provider categorizes Israel and th
The Philippines is Asia’s rising tiger. It is among the world’s fastest-growing economies with average annual growth of 6 to 7% per year. After a dip in GDP growth during 2020 due to Covid, the economic growth rebounded to 7.6% during 2022. Average annual GDP per person has risen dramatically over the past two decades, from below US$ 1,000 per person in 2000 to US$ 3,500 by 2022. Philippines is on track to become one-trillion dollar economy by 2033. The central bank, Bangko Sentral ng Pilipinas, is well managed and follows a sound monetary policy. The long-term prospect for the country is contingent upon improvement in governance, reducing income inequality, tackling corruption and a better regulatory environment. After losing its way for the past few decades, Philippines seems to be on the right path. We will develop a strong foundation in understanding Philippines’ history, economy, industry and competitive position, before we visit the country. The Global Immersion Program is structured to create this depth through readings and classroom discussion. This course will travel to the Philippines March 14-21, 2026 to Manila, Philippines’ business hub and an island that is yet to be confirmed. The 2025-2026 Global Immersion Program mandatory fee for all classes is $2100 and provides students with double occupancy lodging, ground transportation and some meals. It does not cover roundtrip international airfare into Manila and out of the second location. Attendance both in New York and in-country and regular participation are a crucial part of the learning experience and as such attendance is mandatory. Students who miss the first class meeting may be removed from the course. Please note all international travel involves risk. We do not control the cities and companies we visit. We try our best to plan a safe trip with positive experience. However, if your tolerance for risk or uncertainties is low, GIP is not for you. No program fee refunds will be given after the add/drop period has closed. Please visit the Chazen Institute website to learn more about the Global Immersion Program, and visit the Global Immersion Policies page to review policies affecting these courses.
Global Immersion: South Africa’s Ongoing Transformation MBA SP2026 B8778 – 3 Credits – Prof. Brett House Course Description – Word Limit version (332 words) South Africa has transformed itself into an economic and political power, with membership in the G20 and BRICS, and a dynamic business ecosystem. This forward-looking course will consider the opportunities created by South Africa’s multiple identities, the implications of its particular history, its current challenges, and its position between advanced and emerging markets. Students will develop an intimate understanding of South Africa’s commercial environment and extract insights on creating impact in a range of economic landscapes. The course will delve into South Africa’s ongoing post-apartheid transition, the role of natural resources in South Africa, developments in the country’s new-economy sectors, prospects for innovation and entrepreneurship, and the possibilities created by integration with the African continent. The class will travel to Johannesburg and Cape Town during March 14–21, 2026; the first mandatory in-country meeting will be dinner on March 14 in Jo’burg. The 2025–26 Global Immersion Program mandatory fee for all courses is $2,100 and provides students with double occupancy lodging, ground transportation, and some meals; roundtrip international airfare is not covered. Attendance in New York and in-country, as well as regular participation, are crucial parts of the learning experience; hence, full attendance is mandatory. Students who miss the first in-class meeting may be removed from the course. No program fee refunds will be given after the add/drop period has closed. Please consult the Chazen Institute website to learn more about the Global Immersion Program (GIP). Note that all international travel involves some risks and uncertainties as we do not control the sites that we visit. We draw on our expertise and experience to make every reasonable effort to create a positive and safe learning environment in New York and in-country. The primacy of our safety objective may at times require changes to or deviations from pre-announced programming. If your tolerance for risk or uncertainties is low, the GIP is not the right choice for you.
Learning Objectives: (1) To understand and experience the process of investing in early stage startups and how that differs between the US and Japan (a) Sourcing deals from the startup ecosystem (b) Conducting diligence (c) Valuing startups (d) Negotiating term sheets (financial and governance terms) (e) Managing a portfolio post investment (2) To understand the investing landscape: players and resources (3) To understand the structural differences between venture capital and angel investing. This course covers many of the same topics as Foundations of VC and therefore students will not be able to take them both for credit. The course will travel during spring break March 14-21, 2026 to Tokyo, Japan. Global Immersion Program classes bridge classroom lessons and business practices in another country. These three credit classes meet for half a term in New York prior to a one week visit to the country of focus where students will meet with business executives and government officials while working on team projects. Upon return from the travel portion of the class, students may have one wrap up meeting at Columbia Business School. The 2025-2026 Global Immersion Program fee for all classes is $2100 and provides students with double occupancy lodging, ground transportation and some meals; unless an increased fee is otherwise specified in the course description. It does not cover roundtrip international airfare. Attendance both in New York and in country and regular participation are a crucial part of the learning experience and as such attendance is mandatory. Students who miss the first class meeting may be removed from the course. No program fee refunds will be given after the add/drop period has closed. Please visit the Chazen Institute website to learn more about the Global Immersion Program, and visit the Global Immersion Policies page to review policies affecting these courses.
Business School offers important windows into the functions of business and into ways of conceptualizing challenges and opportunities. It also offers valuable cross-cutting tools for analysis, decisions, and leadership. But there’s more…: Very successful and admired business leaders think even more fundamentally and broadly about the economic, political, and social context of business decision making. They understand that the ‘corporation’ is a legal and social construct, not just an economic construct. Support for business corporations has not been and is not absolute and requires business leaders to examine the role of their business and business generally in the broader society — business and society. In contemporary language, what is the ‘purpose’ of business? For whom should the corporation be run? Answers to these questions and others shape business, business careers, and attitudes toward business.
Addressing such cross-cutting questions requires that we examine the business corporation and its role in society through multiple perspectives. In particular, we will study business and society through the lenses of the evolving business organization,
finance and investors, employees, corporate governance, privacy and big data, social movements, social justice, and climate change. To accomplish these views, we will draw on leading CBS faculty and their ideas. In each case, we will complement these ideas with the
experience of leading business practitioners as teaching partners. The introductory and closing sessions will feature longer conversations with a business leader on the role of business in society. Conducting the course in this way brings both ‘business and society’
and Columbia Business School’s ‘ideas, talent, and network’ to center stage.
You will also be co-creating this course with the teaching team. Your presence, preparation, and participation are vital to a successful class experience. The syllabus presents questions and readings to get you ready for our class discussion and analysis.
All of us on the teaching team look forward to working with you!