Mergers & Acquisitions

This course is designed to be an applications oriented course and will draw heavily upon real world change of control case studies. The course builds on the prior courses in corporate finance. The course will not introduce significantly new finance principles or analytical techniques other than those to which the student has been exposed to previously in the prerequisite introductory courses in finance at Columbia. The course will seek to apply basic finance principles and analytical techniques to actual problems likely to be encountered by senior management of major corporations or those who are the advisors to such management in the context of an M&A transaction. At the conclusion of the course, the student will have gained an appreciation for the role M&A plays on today's corporate landscape and have formed an opinion as to whether or not an M&A transaction makes sense" for the firm. The student should expect at the conclusion of this course to have gained a level of competency in M&A commensurate with an entry-level investment banking associate in M&A. Whether or not the student "practices" M&A, the course will afford the student with an insider's look into what is an undeniable major force on today's corporate landscape. Accordingly, students who are interested in investment banking, consulting, equity research, corporate development, corporate lending, strategic planning, private equity, leveraged finance, or proprietary trading many wish to consider this course."

• Department: Finance
• R 9 a.m.-12:15 p.m.
• F 9 a.m.-12:15 p.m.
• Instructor: Donna M Hitscherich
  Info
• Instructor: Luigi Rizzo
  Info
• 3 points

Environmental Justice Health and Policy

ENV JUSTICE HLTH POL ANLY

This course is designed to prepare public health professionals to identify, analyze, and address Environmental Justice (EJ) concerns in the development and implementation of policy and practice related to environmental health, land use, and environmental protection. We will begin by establishing a firm grounding in the theory and evidence behind the American EJ movement through study of the seminal research literature as well as government assessments and case studies of touchstone events. From that point of departure, we will examine existing health disparities and emerging EJ issues, emphasizing the tools available to public health policy makers, researchers, and advocates. We will assess the progress the movement has made in its 30-year history, evaluate the limitations of “first-generation” advocates’ toolbox, explore new approaches that would fully realize EJ goals, and the application of EJ analysis to environmental and health policy. When appropriate, individual class meetings will incorporate interactive exercises, such as role play, aimed at building the students’ ability to analyze issues from different perspectives.

• Department: Environmental Health Sciences
• M 5:30 p.m.-8:20 p.m.
• Instructor: Anhthu Hoang
  Info
• 1.5 points

From Feast to Famine & Back Ag

This course studies the evolution of the high yield bond and loan markets, and the behavior of market participants from
peak to trough and back again through various credit cycles. Through lectures, case studies, and guest speakers, we
discuss through-cycle changes in valuation, structure, capital raising, liquidity and other investor considerations.
To provide context, we will use the Caesars/Harrah’s 2006 leveraged buyout as a case study that illustrates each phase
of the credit cycle. Four other case studies (HCA, NXP, Realogy and a contemporary case, TWTR) will be used to highlight
the two extremes of the cycle (“feast” and “famine”), and how they build on the calmer (some might even say boring)
phases of the credit cycle.

Students should leave the course with an understanding of the concept of the credit cycle and the ability to identify peak
and trough conditions and behaviors.

• Department: Finance
• S 9 a.m.-5 p.m.
• Instructor: Ellen Carr
  Info
• 3 points

Water, Sanitation, and Human Health

WATER,SANITATION & HUM HE

This course presents an in-depth analysis of issues relating to water, sanitation and hygiene in both the developed and developing worlds. Students will become familiar with the hydrologic cycle, the major causes of enteric morbidity and mortality, and the design, financing and implementation of sanitation systems. This course is designed for both engineering and public health students and is intended to foster dialog between the two communities. Class meets once per week for 3 hours, and consists of lecture, discussion of assigned reading, break-out work and student presentations. Student requirements include assigned readings, in-class participation in break-out work, group presentations and a final term paper. Each student will be assigned a break-out group that will work together both during and outside class on a variety of water and sanitation problems. Each group will pick two cities, one in the developed world and one in the developing world, on which they will focus their efforts throughout the term.

• Department: Environmental Health Sciences
• M 5:30 p.m.-8:20 p.m.
• Instructor: Shannon Marquez
  Info
• 3 points

Private Equity: Value Creation

This course studies how private equity sponsors increase the value of their investments from deal closing to exit. Using examples from real-world transactions and guest lectures, students will learn the how of value creation in private equity.The course focuses on three types of value creation strategies: financial engineering, governance engineering, and operational engineering.

• Department: Finance
• MW 4:10 p.m.-5:40 p.m.
• 1.5 points

ENTERTAINMENT LAW FILMMAKERS

• Department: Film
• F 10 a.m.-1 p.m.
• Instructor: Domenic Romano
  Wikipedia Info
• 1.5 points

Real Estate Finance

The course focuses on the set of concepts and techniques used to analyze and finance income-producing real property. It starts with the characteristics that make real property different, including cash flow uncertainties, debt sources and tax features. It then considers the available strategies and structures of real estate finance, including capital structure choices for construction and permanent financing. Extensive use is then made of cases to illustrate the range of choices and outcomes.

• Department: Finance
• TR 9 a.m.-10:30 a.m.
• TR 10:50 a.m.-12:20 p.m.
• TR 2:20 p.m.-3:50 p.m.
• Instructor: Boaz Abramson
  Info
• 3 points

Diagnosis and Management of the Complex

DIAG & MGMNT COMPLEX PATI

This is the third course of three consecutive courses focusing on a systems and developmental approach in primary care with emphasis on risk assessment, comorbidities and acuity to determine the most appropriate level of care. This course will focus on the differential diagnosis and comprehensive management of commonly encountered acute and chronic physical and mental health illnesses as they affect individuals across the lifespan.

• Department: Nursing
• W 9 a.m.-11:50 a.m.
• Instructor: Marlene E Mc Hugh
  h-index: 11 Info
• 3 points

Advanced Analytic Methods in EHS

ADVANCED ANALYTIC METHODS

This course will introduce advanced methods and tools commonly used in Environmental Health Sciences. These topics include advanced regression techniques especially pertinent to environmental health, methods to quantify and correct for exposure measurement error, mixtures methods, etc. Each class will have two components: a lecture and a coding lab. Although other courses in the School and other Departments might also present some of the methods covered here, the emphasis of this course will be on applications in EHS specifically and the appropriateness, assumptions, strength, limitations and interpretation of results in the EHS framework. Air pollution will be primarily used in class as the example exposure of interest (as many of these methods were first used in air pollution health studies), but not exclusively. R will be used for all coding.

• Department: Environmental Health Sciences
• M 2 p.m.-5 p.m.
• 3 points

Computational Toxicology

COMPUTATIONAL TOXICOLOGY

We are exposed to thousands of chemicals in the air, on our food, and as part of consumer products with many hundreds more new chemicals brought to market every year. Yet, only a very small proportion of these have been comprehensively tested for safety. Existing toxicological methods are often insufficient to test every new or existing product due to various constraints including economics, relevance, politics, and ethics. The advent of computational strategies, with high-throughput in vitro and in vivo toxicology data, now permits predictive approaches to a priori, predict potential health risks of chemicals which have not be tested in the laboratory. These strategies range from predicting cellular toxicity based on similarities of chemical structure with chemicals of known toxicity, to forecasting human cellular toxicity from pesticides on food and other exposures using high-throughput cellular assays. Integrating publicly available “omics” data, environmental and personal monitoring data, and bioinformatics, is empowering innovative discovery about exposure-outcome relationships. The goal of this course will be to expose students to the various data sources and approaches that are used to predict toxicity and introduce innovative data manipulation and display strategies that are increasingly needed in data heavy disciplines. This is a hands-on course; students will be required to mine publicly accessible data and perform their own analyses, regularly presenting their work in the classroom. Students will be evaluated on their ability to integrate the material and apply it to real data in order to garner thoughtful, novel insight into predictive or integrative toxicity.

• Department: Environmental Health Sciences
• T 8:30 a.m.-11:20 a.m.
• Instructor: Norman Kleiman
  h-index: 26 Info
• 3 points

Capstone: Real Estate Investment

Capstone: RE Investment

The Real Estate Project Class provides students who intend on pursuing careers in real estate the opportunity to learn how to analyze and execute value-add investments and presentations of same under the guidance of an experienced professor and practitioner, as well as a veteran real estate owner/investor/intermediary sponsor. The course will include instruction in investment conceptualization, analysis, strategy, research and execution. Presentation skills, both oral and written, are integral to the course and project. Two student groups, each group consisting of three or four students, will work with an outside project sponsor to create a transaction presentation based on a real-world sponsor investment.

Personal laptops will NOT be permitted in class. CBS iPads will be permitted only.

Either B8332 RE Transactions or at least 1-year experience of real estate/ transactions experience with instructors permission is required for this course.

• Department: Finance
• M 6 p.m.-9:15 p.m.
• Instructor: Jane Yang
  Info
• 3 points

Global Real Estate Investment

This half-term course will introduce students to the fundamentals of global real estate investment from an institutional perspective through an exploration of specific strategies for structuring global real estate portfolios. It will also provide students with an analytical framework and the tools to analyze and value cross-border real estate investments in developed and emerging markets. Given current market conditions, attention will also be paid to asset management strategies.

• Department: Finance
• W 9 a.m.-12:15 p.m.
• Instructor: Gregorio Schneider
  Info
• 1.5 points

Real Estate Development

Real estate development is the physical and financial process by which society fulfills its spatial needs. Housing, office buildings, hotels, industrial space, retail; all of these are created by private developers who have the vision and capacity to manage the risks of development. This course will provide an understanding of the real estate development process and its role in value creation for investors and the surrounding community. Topics will include project envisioning; location and site selection and evaluation; highest and best use analysis; zoning and land use regulation; building design and construction; capital stack (debt and equity; developer compensation); ownership structures; marketing, leasing, and asset management; and exit strategies. The class will also cover non-traditional development (e.g., adaptive re-use, affordable housing, modular and pre-fab), as well as the opportunities for entrepreneurs in this space. The class will include prominent guest speakers who will share their experience from the trenches. There will be one or two site visits to projects currently underway. Real Estate Finance or demonstrated financial work experience is a pre-requisite of this class.

• Department: Finance
• W 6 p.m.-9:15 p.m.
• Instructor: Ben Atkins
  Info
• 3 points

CRITICAL ISSUES IN CONTEMPORARY ART

• Department: Visual Arts
• F noon-2 p.m.
• Instructor: Elizabeth C Devita
  Info
• 3 points

FILM FESTIVALS:THEORY&PRACTICE

FILM FESTIVALS: THEORY & PRACT

An overview of the history, organization, management, and purposes of film festivals, and their roles in launching films and filmmakers, facilitating industry dealmaking and networking, and nurturing cinema culture. The course is centered around a series of guest speakers, including festival directors and programmers, filmmakers, distributors, publicists, and more. Students are required to research and complete two individual presentations: (1) Festival Presentation, examining a lesser-known film festival, and (2) Film Presentation, tracking the trajectory of a recent film that utilized festivals as a key part of its sales or release plan.

• Department: Film
• M 2 p.m.-5 p.m.
• 3 points

Financing Energy Infrastructure

• Department: Finance
• R 2:20 p.m.-5:35 p.m.
• Instructor: William Bond
  Info
• 1.5 points

Beyond the Boardroom: the Power of Smart

Most companies around the world are controlled by one or more large shareholders. These shareholders—whether founders and their families, private equity firms, activist investors, or institutional stakeholders—play a central role in their firms’ governance, actively shaping corporate decisions and oversight structures. Their involvement in the firm creates room for the board to serve not only as a monitoring body but also as a crucial source of strategic guidance and expertise.

• Department: Finance
• T 2:20 p.m.-5:35 p.m.
• 1.5 points

Personal Finance

This course is meant to provide an overall framework for personal finance. This course is not providing financial advice and each individual’s personal context and additional research should be done before making financial decisions Most of this course is internationally applicable. However, certain topics will have more of a US centric focus: taxes, retirement accounts, mortgages This course will not cover more advanced strategies (e.g., bitcoin, angel investing, commodities, investing on margin)

• Department: Finance
• W 9 a.m.-12:15 p.m.
• Instructor: Angela W Lee
  Info
• 1.5 points

Impact Investing

This course is intended to provide students with an overview of the range of investing and funding approaches used by impact investors. This will be done through a combination of lectures, discussions, and presentations by leading impact investors and thought leaders. The substantive areas covered will include: (1) financial instruments and techniques used to fund social enterprises (for-profit, nonprofit and hybrids); (2) the differing financial return and social impact return expectations of impact investors; (3) how investors/funders and investment/wealth managers and advisors structure their portfolios and funds; and (4) strategies used by impact investors to search for impact investing opportunities. As well as investor/funder perspectives, the course will explore the role of financial innovation in creating opportunities to finance social enterprises, and the enabling regulatory framework and information intermediaries that are needed to support the development of robust social capital markets.

• Department: Finance
• W 6 p.m.-9:15 p.m.
• Instructor: Preeti Bhattacharji
  Info
• 1.5 points

Financing Innovation in Healthcare

The primary objective of this course is to provide you with a comprehensive
understanding of the significant economic, strategic, and regulatory aspects involved in financing
innovations within the healthcare industry. In the ?first half of the course, you will be introduced
to the risk-return pro?les and market failures specific to the biopharma industry. Additionally, we
will explore the integral roles played by various ?financing channels, including government funding,
non-pro?t organizations, venture capital, and mergers and acquisitions, in driving the innovation
process. The second half of the course will focus on examining the distinctive ?financial characteristics of U.S. hospitals and analyzing how external financing impacts healthcare quality and
technology adoption.

• Department: Finance
• FS 9 a.m.-5 p.m.
• Instructor: Xuelin Li
  Info
• 1.5 points

Strategic Equity Finance

• Department: Finance
• TR 9 a.m.-10:30 a.m.
• Instructor: David Erickson
  Info
• 1.5 points

International Value Investing

This course is designed to create awareness of the differences between investing in the United States and investing outside of the United States. Fundamental security analysis aimed at understanding a company’s economic profile is only one component of the analysis of any business. The legal, cultural, and macroeconomic framework under which a company operates can have a significant impact on investment outcomes. 

The major topics covered include defining the investable space, understanding the mechanics of investing, macroeconomic and country based policy influences on company valuation, the legal rights of minority shareholders in different markets, cultural influences on valuation and business economics, international economic crises and how to invest, the development of capital markets, and fundamental security analysis of foreign companies.

• Department: Finance
• W 2:20 p.m.-5:35 p.m.
• Instructor: Nicholas D Samra
  Info
• 1.5 points

Writing For the Screen

• Department: Film
• W 9:30 a.m.-12:30 p.m.
• Instructor: Ramin C Serry
  Info
• 3 points

Clinical Seminar in Women's Health

CLIN SEMIN WOMEN'S HEALTH

Clinical seminar in Women's Health is designed to provide the Women's Health Subspecialty student with an opportunity to expand on clinical practicum experiences via case presentation and faculty led group clinical discussion. Each student will present a case chosen from the women's health practicum experience. The presenting student will lead a class discussion based on their case facilitated by the course instructor. Some seminar sessions will include a didactic component presented by the course instructor to further elaborate on clinical issues presented in the cases over the course of the semester.

• Department: Nursing
• Instructor: Adena Bargad
  Info
• 1 points

S ENVIRO ISSUES IN BUS TRANS

• Department: Law
• 2 points

Climate Finance

Climate change may be today’s most serious challenge to the future of humanity. Scientists have concluded that avoiding catastrophic climate change will require a reduction in greenhouse gas emissions to zero by 2050 or shortly thereafter, a dramatic reversal after several hundred years of industrial growth. This will require a rapid transformation of the global economy, requiring trillions of dollars in capital and creating new and risks and opportunities for investors to finance the transition. This course builds on the lessons learned in B8705 Business and Climate Change. The course begins with an introduction to climate finance and the topic of carbon markets, followed by classes on project finance to finance renewable energy, venture and growth capital to finance emerging climate technologies, and public equity strategies including divestment and ESG investing. Financial products in the fixed income and insurance markets are examined for climate impact, followed by a class session on development finance to understand the unique challenges and solutions to investing in climate solutions in emerging markets. The course wraps-up with a class session on the strategies used by banks and investment firms for the transition to net zero, concluding with a discussion of the impact of the climate crisis on opportunities and careers in finance.

• Department: Finance
• T 2:20 p.m.-5:35 p.m.
• W 2:20 p.m.-5:35 p.m.
• Instructor: Bruce M Usher
  Info
• 1.5 points

The Media Industries: Public P

The course is designed to introduce law and business students to the unusual regulatory and business conditions and challenges in the media industries. A variety of topics are covered including intellectual property, the history and structure of the media industries, communications regulation, strategies of integration and consolidation and patterns of innovation in the media industry.

• Department: Business Economics
• M 2:20 p.m.-5:35 p.m.
• Instructor: Jonathan A Knee
  h-index: 5 Info
• 3 points

Security Analysis

The course’s objective is to present a rational investment philosophy and process for equity security analysis and capital allocation. The course has three sections:

(1) Investment Philosophy and Capital Markets

What is the objective of security analysis and investing?
Why does a value-based methodology win over time?
Does Modern Portfolio Theory explain empirical evidence?
What is more instructive for investment analysis – determining value or expected return?
What is the difference between “cheap” and “mis-priced”?
(2) Investment Process – Valuation and Competitive Strategy

What is the difference between a great business, a good business and a bad business?
How can we evaluate when a business and/or an industry’s mid-long term economics change?
How can we evaluate company specific structural mis-pricings that exist?
How can we categorize investment opportunities to improve how we value and define them?
How can we define a process to source mis-pricings into investment categories?
What are the commonly used valuation methodologies and which are most instructive for certain situations?
What is the most effective framework for modeling a business and what are the pitfalls?
How can we evaluate management’s history of capital allocation? How important is it and how do we factor this into valuation?
(3) Capital Allocation and Global Macro

What top-down inputs are instructive for a security analyst?
What lessons have we learned from previous bubbles?
Can computing and evaluating asset class expected returns help source where a security analyst might find mis-pricings and compounding opportunities?
How do we evaluate secular headwinds or tailwinds for industries and businesses?
What are the pitfalls of consensus thinking and is there a benefit to seeking the edge of the crowd?
What are the key economic data points that truly inform the analyst where we are in certain cycles?
The curriculum will seek to answer these questions by first reviewing investing principals and concepts. Thereafter we will bring in company executives and investment practitioners to provide real world evidence of these principles in action and allow for students to participate in a
thoughtful, factual dialogue.

• Department: Finance
• W 6 p.m.-9:15 p.m.
• Instructor: Michael J Mauboussin
  Wikipedia Info
• 3 points

Applied Security Analysis I

Applied Security Analysis I emphases practical application of value investing. Students will work in teams to find an appropriate investment idea, perform thorough primary research, and deliver a pitch to a portfolio manager."The class is integrated with The Pershing Square Value Investing and Philanthropy Challenge. This competition, which began in 2007, signifies the commitment of both Columbia Business School and Pershing Square to produce talented and knowledgeable graduates who are ready to take on leadership roles and to demonstrate the importance of philanthropy to these future leaders in value investing. Winning teams will receive a cash prize with a percentage of those winnings to be donated to a charity of their choice.All student teams will pitch their ideas to investment professionals three times over the course of the semester, simulating the job of the analyst to convince a portfolio manager of the worthiness of an idea. Feedback will be provided on the strength of the idea, the areas of further research required, and presentation skills. *Class attendance is required when outside speakers are present including Bill Ackman, the Philanthropy Discussion, and Finals (takes place off-campus). Grades will be reduced 1 level (ex. H to an HP) for any unexcused absences.**This course will be demanding. Students should expect 20-25 hours of work per week outside of class."

• Department: Finance
• R 6 p.m.-9:15 p.m.
• 3 points

Public Health GIS

PUBLIC HEALTH GIS

Geographic Information Systems (GIS) has emerged as an essential tool for public health researchers and practitioners. The GIS for Public Health course will offer students an opportunity to gain skills in using GIS software to apply spatial analysis techniques to public health research questions. The laboratory section of the course will give students the opportunity for hands-on learning in how to use GIS systems to analyze data and produce maps and reports. These laboratory exercises will be designed to increasingly challenge the students to incorporate the analytic skills and techniques they have learned in other courses with the geospatial and spatial statistics techniques commonly used in GIS. Guest speakers will be invited to share their real-world examples of GIS in Public Health research and practice. These speakers will include Columbia researchers and staff from government agencies or non-profit organizations.

• Department: Environmental Health Sciences
• T 8:30 a.m.-11:20 a.m.
• W 5:30 p.m.-8:20 p.m.
• Instructor: Joel Capellan
  Info
• 3 points

Applied Value Investing

This course combines the methods and teachings of security analysis with practical buy-side methodologies to identify and research attractive value investments. Emphasis will be placed on the development and implementation of a sound and repeatable research process. Both long and short methodologies will be covered during the semester.

This course will leverage your theoretical learning in security analysis plus require you to develop business acumen and industry expertise. A combination of fundamental analysis and assessment of intrinsic value will be balanced with thematic thinking and business judgment. The course should arm you with the tools to identify attractive value investments through a variety of methodologies for several alternative fund strategies. Throughout the semester, students will prepare five full investment memoranda on assigned stock securities. After the first name, which will be assigned to the entire class, subsequent stocks will be assigned to small groups of students. Certain students will be required to develop the long thesis while others develop the short thesis. Ultimately each student will select one of their ideas to further develop (long or short) for a final presentation to the class and outside fund managers. The class will be kept small to take advantage of the instructional method. Class discussions will be complemented by guest discussions from highly regarded investment professionals from the long only and hedge fund community.

• Department: Finance
• T 6 p.m.-9:15 p.m.
• 3 points

The Rise of Architectural Drawing

The Rise of Arch. Drawing

Over the last four decades, the emergence of digital design technologies has fueled debates about the fate of drawing in architectural practice. These discussions often presume a narrow definition of drawing as something executed by hand, typically with a pen on paper. As an architectural medium, however, drawing has historically encompassed a wide range of graphic acts of mark-making that engage a variety of scales, materials, and surfaces, long preceding the proliferation of paper and the authorial figure of the architect. Employing a 
longue durée
 approach that embraces a capacious and porous definition of drawing, this seminar seeks to reevaluate the development of architectural drawing in Europe. Rather than beginning in sixteenth-century Italy, as many standard narratives do, it ends there, offering a fundamentally different view of Renaissance practice. The seminar also seeks to deepen our understanding of architectural drawing through direct, object-based study, making use of the rich collections of Avery Library, New York Public Library, Metropolitan Museum of Art, and Cooper Hewitt, as well as the exhibition 
Gothic by Design: The Dawn of Architectural Draftsmanship 
(opening April 16) at the Met.

• Department: Art History and Archaeology
• R 10:10 a.m.-noon
• Instructor: Michael J Waters
  CULPA: 5 h-index: 3 Info
• 4 points

Distressed Value Investing

The goal of Distressed Value Investing is to provide students with broad-based exposure to what is one of the most complex and intellectually stimulating areas of the market. The class will introduce distressed investing broadly, touching on many different styles of investing in distressed companies and securities. The class also emphasizes hands-on distressed analysis, teaching students to interpret and learn from dynamic real-life situations. To facilitate this learning process, the class includes the insights of many guest speakers.

• Department: Finance
• M 6 p.m.-9:15 p.m.
• Instructor: Michael A Gatto
  Info
• Instructor: Daniel E Krueger
  Info
• 3 points

EHS Policy Seminar

POLICY CERT PREPRACTICUM

This course is required of EHS Policy Track students in the semester before they complete their practicum. Most class sessions will entail a presentation by a environmental health policy practioner followed by class discussion. Past guests include people from the US FDA, NYU Law School, and the New York State Department of Environmental Protection. Students will prepare biweekly position papers and a research essay. Open to non-policy track students by permission of instructor only.

• Department: Environmental Health Sciences
• T 11:30 a.m.-12:20 p.m.
• Instructor: Darby W Jack
  Info
• 0 points

Value Investing

This class, taught in Term A, is intended to teach students the fundamentals of the value approach to investment management developed by Graham and Dodd. This will be done through a combination of formal lectures, cases and in-class valuation discussions. The substantive areas covered will include (1) the fundamental assumptions and approaches to value investing, (2) techniques for assessing fundamental value - balance sheet and earnings power approaches, (3) structuring value-based portfolios to control risk and (4) designing strategies for searching efficiently for value investing opportunities.

• Department: Finance
• TR 9 a.m.-10:30 a.m.
• M 6 p.m.-9:15 p.m.
• Instructor: Tano Santos
  h-index: 27 Info
• 1.5 points

Legends in Value Investing

This class combines B8377 Value Investing in Term A with the Value Investing with Legends lecture series in Term B. Term A is intended to teach students the fundamentals of the value approach to investment management developed by Graham and Dodd. This will be done through a combination of formal lectures, cases and in-class valuation discussions. The substantive areas covered will include (1) the fundamental assumptions and approaches to value investing, (2) techniques for assessing fundamental value - balance sheet and earnings power approaches, (3) structuring value-based portfolios to control risk and (4) designing strategies for searching efficiently for value investing opportunities. The second half of the semester (Term B) is intended to expose students to the practical implementation of Graham and Dodd investing principles. Through presentations by leading value investors, students will learn how individuals develop an investment process to suit their personality and personal biases. Investors will discuss: 1. search strategy, 2. valuation approach, 3. research techniques, and 4. risk management in the context of their own investments.

• Department: Finance
• TR 6 p.m.-7:30 p.m.
• Instructor: Tano Santos
  h-index: 27 Info
• 1.5 points

Advanced Investment Research

This will be a demanding class meant for the student intent on entering the investment management industry post-graduation. As such, only students who demonstrate a compelling interest in professional investment management will be admitted, and admission will be limited to 10 students to ensure quality of experience for all involved. This seminar is not open to the bidding process and no auditors will be allowed. The purpose of this section of Advanced Investment Research is to help students learn how to rip apart" a company and draw thoughtful conclusions about whether it might make for a good investment opportunity. Topics will include stock selection, identifying the key investment factors, developing a variant view, and networking with industry contacts to help confirm or refute one's thesis. The class will culminate with students delivering a detailed research recommendation on a single investment idea to a panel of judges. The goal is for students to leave class with an actionable investment idea and a framework for how to develop and research ideas in the future.

This class will be demanding and potentially overwhelming if you are not prepared to dedicate significant time and energy to it. Students should expect 20-25 hours of work per week outside of class, and the work load may be higher if you have not previously done detailed fundamental investment research. We recommend that you do not take this class if you are unable to put in this amount of time because you will not be able to keep up, and you will not be happy with your final grade.

Note: this class will also include a substantial pre-class assignment which will be a material part of the final grade.

• Department: Finance
• M 6:30 p.m.-9:30 p.m.
• Instructor: Kian Ghazi
  Info
• 3 points

Foundations in Environmental Justice: Fr

Socially vulnerable communities bear a disproportionately high burden of environmental exposures due to structural challenges such as racism. This multi-disciplinary course will introduce environmental justice scholarship and advocacy through a public health lens. The class will explore foundational theories critical to the environmental justice movement, innovative research approaches for characterizing inequities in environmental health as well as analyzing potential solutions, and community-driven strategies for systemic change. This course will draw on cross-disciplinary materials from academic articles and communications for a broad audience, such as podcasts, news articles, or non-technical reports. Lastly, using a range of practice-based approaches, students will have opportunities to reflect on their own social position and how that informs their public health approach.

• Department: Environmental Health Sciences
• T 1 p.m.-3:50 p.m.
• Instructor: Ami R Zota
  Info
• 1.5 points

VC Seminar

This course focuses on the role of venture capital and venture capitalist in selecting, funding, and developing emerging growth companies. Students should expect to complete the course with a basic understanding of the processes employed by those making the risk-reward determinations to fund new and growing companies. The class should be worthwhile for students interested in venture capital, investing in growth companies, working with early stage and growth companies, and entrepreneurship.

• Department: Finance
• T 2:20 p.m.-5:35 p.m.
• Instructor: Zachary K Schwarzman
  Info
• 1.5 points

Alternative Assets in Institutional Port

This course examines key themes and issues related to investing in alternative assets from the perspective of major asset owners, such as defined benefit pension plans. The course will focus on the investment process and benefits of applying alternative investments, specifically hedge funds and fund-of-funds, to traditional portfolios. The course will also address the role of real estate, timber, venture capital, private equity, hard assets, infrastructure assets and commodities within traditional portfolios.The goals of this course are for participants to: Understand the objectives and constraints of institutional investors, specifically corporate and public pension plans; Appreciate the benefits, and potential drawbacks, of including alternative assets within the context of large institutional portfolios; Gain insight into the analysis and selection of hedge funds, as well as the construction of hedge fund of fund portfolios; Develop an awareness of analysis, selection, and management of alternative asset portfolios including private equity, commodities, currencies, etc.This course will make significant use of practical, real-world examples. Moreover, the professors expect to engage CIOs of pension plans, as well as major hedge fund managers (such as David Einhorn of Greenlight, Scott Bessent of Soros, and others) to participate in the course as guest lecturers.Students who are looking to pursue careers in any traditional or alternative asset class will benefit from this course. Further, students interested in careers at corporate or public pension plans, fund of funds, consultants or research providers should benefit from this course."

• Department: Finance
• M 6 p.m.-9:15 p.m.
• 1.5 points

New Directions in Eastern European, Russ

E. European Eurasian Hist

This is an intense reading seminar in new directions in East European, Russian and Eurasian history from the turn of the nineteenth century to the present. The seminar explores the “Other Europe” as a constellation of specific regions as much as key localities from which to view the world. The course is based on the premise that global history should be narrated beyond center-periphery frameworks, and from any place where people have reimagined their relationship to a shared global modernity. We will investigate topics ranging from multi-confessional and multi-ethnic land empires (German, Russian, Habsburg, Ottoman, Soviet) and their post-imperial forms; globalization and isolation; nationalisms and internationalisms; modernization; communisms; borderlands; dictatorships; Orientalism outside of Western Europe; migration and expulsion across borders and the rise of so-called closed societies; interethnic and communal violence, genocide, and mass killing. Through the lens of cultural, intellectual, social, international, transnational, environmental, regional, urban, legal and gender history, and the history of science and technology, we will explore the region’s historic liminality (as a bridge between “East” and “West’) and its historic ties with Western Europe, the Ottoman Empire, the United States, and Southeast Asia.

• Department: History
• M 4:10 p.m.-6 p.m.
• 4 points

Foundations of Business Law

This course is not a traditional business law survey class. This course is an application-oriented class that provides the business professional with an understanding of certain essential legal concepts that are an integral part of the decision-making process for a business enterprise to operate effectively in the United States.
The purpose of this course is to provide the student with a framework that will enable the student to identify legal issues that arise in various circumstances during the operation of a business enterprise. This course will focus primarily on the legal regime in the United States, although the laws of other jurisdictions will be noted where appropriate.
The course is highly interactive – legal principles will be imparted as students seek to identify legal issues arising in actual business situations. Daily student class participation is a significant element of the course, accounting for 20% of the student grade.

• Department: Finance
• R 2:20 p.m.-5:35 p.m.
• Instructor: Donna M Hitscherich
  Info
• 1.5 points

DRAMATURGY PRACTICUM

TBD

• Department: Theatre Arts
• W 2:10 p.m.-5 p.m.
• Instructor: E. C Parker
  Info
• 3 points

Pharmacoepidemiology

PHARMACOEPIDEMIOLOGY

The course is intended to provide students with an understanding of the objectives, methods and applications of pharmacoepidemiology -- the study of the use and effects of drugs in diverse populations. Students will be exposed to the role of Pharmacoepidemiology in the biopharmaceutical development process, from the perspective of regulators (e.g. FDA), policymakers (e.g. Health Technology Assessment agencies), payers, and the biopharmaceutical industry. Epidemiologic methods will be reviewed in the context of pharmaceutical, biotechnology and medical device evaluation. Study designs and data sources used to evaluate drug safety and effectiveness will be discussed using real-world examples. Special attention will be paid to methodological issues, such as confounding by indication, forms of selection and information bias that are unique to pharmacoepidemiologic research. Finally, select special topics are covered, including: risk-benefit analysis, clinical outcomes assessment, and comparative effectiveness research. Students will integrate the methods and operational principles discussed in class into a group presentation, which proposes and defends a study design to address post-approval safety and effectiveness concerns of a hypothetical new drug.

• Department: Epidemiology
• W 5:30 p.m.-6:50 p.m.
• Instructor: John J Doyle
  Info
• 1.5 points

Short Selling

There’s an old Wall Street adage: “Don’t short valuation.” So, is everything else fair game? What about frauds, are those sure things? The purpose of this class is to answer these questions and equip students to profitably employ short-selling investment strategies. We will introduce students to all aspects of short-selling. However, we will assume that students have prior knowledge of the basics mechanics of shorting a stock, as well as various accounting tricks and “shenanigans” that companies employ to mask weaknesses in their business. To that end, we will provide some materials that should be reviewed before the start of class to review these concepts.

In class, we will first dig into the academic literature behind short selling. We will discuss what has worked historically, and whether or not it has been successful as of late. We will then read and discuss case studies on “famous” shorts and frauds. We will, with the benefit of hindsight, try to identify inflection points in the arc of each company. The students will also become familiar with the risks of shorting frauds too early. We will examine various short selling strategies, including “activist shorting”, that are currently being employed in the markets. We will evaluate what elements make for a compelling short “pitch.” Additionally, students will learn about idea sourcing, portfolio management, risk management, and compliance.

While the title and focus of the class is “Short Selling,” it is important to note that the techniques and investment approaches we will discuss are highly applicable to long-focused investing as well. Deciding not to own a security that is included in a tracking index is functionally the same as shorting the security, and understanding a company’s true profitability (and not the version that it promotes through its accounting decisions) is highly important for valuation efforts. A deep and skeptical research approach should assist fundamental analysts in all fields. We will approach this topic from both theoretical and practical perspectives, drawing heavily on the academic literature around short selling as well as highly-experienced practitioners. We will examine what makes a profitable short, and pay particular attention to unsuccessful shorts and
how to avoid them. The mosaic of analysis will include accounting, market microstructure, fundamental factors, behavioral finance, value-added research, and various v

• Department: Finance
• R 9 a.m.-12:15 p.m.
• 1.5 points

Foundations of Deal Law

This course is not a traditional business law class. This course is an application-oriented class that provides the business professional with an understanding of certain essential legal concepts that are an integral to anyone embarking on a career which involves public or private company transactional activities.
The purpose of this course is to provide the student with a framework that will enable the student to identify legal issues that arise in various circumstances during the deal process and analyze ways to optimize the desired economic outcomes through an (a) understanding of the likely legal implications of a particular strategy and (b) appreciation of the consequences flowing from the deal structure and documentation. This course will focus primarily on the legal regime in the United States, although the laws of other jurisdictions will be noted where appropriate.
The course is highly interactive – legal principles will be imparted as students seek to identify legal issues arising in actual deal situations. Student class participation is a significant element of the course, accounting for 30% of the student grade.

• Department: Finance
• R 2:20 p.m.-5:35 p.m.
• Instructor: Donna M Hitscherich
  Info
• 1.5 points

Nutritional Epidemiology

NUTRITIONAL EPI

The purpose of this course is for students to understand the methods involved in determining the role of nutrition in the etiology of various disease states. Examples in the literature will be used to illustrate various aspects of nutritional epidemiology including assessment of dietary intake, biochemical markers of nutritional intake, body composition and issues in analysis of nutritional data in epidemiological studies.

• Department: Epidemiology
• T 1 p.m.-3:50 p.m.
• Instructor: Sandra S Albrecht
  h-index: 19 Info
• 3 points

Epidemiology of Infectious Diseases

INFECTIOUS DISEASE EPIDEM

Infectious disease epidemiology monitors the occurrence of infectious diseases and develops strategies for preventing and controlling disease. It requires the use of traditional epidemiologic methods as well as methods that cannot be applied to non-infectious diseases, such as mathematical modeling. In addition to knowing epidemiologic methods, infectious disease epidemiologists need to be familiar with the clinical and biological features of important infectious diseases as well as laboratory techniques for the identification and quantification of infectious agents. This course is designed to provide an introduction to infectious disease epidemiology. It will focus on the tools and methods used in identifying, preventing, and controlling infectious diseases to improve public health. Case studies based on the literature and the work of faculty members will be used to illustrate the real-world application of these tools and methods to address public health problems.

• Department: Epidemiology
• M 1 p.m.-3:50 p.m.
• 3 points

S GLOBAL INSIDE COUNSEL

• Department: Law
• Instructor: Michael S Solender
  Info
• 2 points

LAWYER LEADERSHIP

• Department: Law
• 3 points

LAWYER LEADERSHIP

• Department: Law
• 2 points

LAWYER LEADERSHIP

• Department: Law
• Instructor: Richard W Gray
  Info
• 2 points

S THEATER OF CHANGE

• Department: Law
• 1 points

SEM-ETHOMUSICLGY:FLD MTHDS II

Prerequisites: MUSI G8412. A study of the theoretical and practical aspects of ethnomusicological field work, using the New York area as a setting for exercises and individual projects.

• Department: Music
• R 12:10 p.m.-2 p.m.
• Instructor: Alessandra M Ciucci
  CULPA: 1 Info
• 3 points

Private Equity

The course "Private Equity" focuses on the essential aspects of corporate finance relevant to the private equity industry.  The course follows the "private equity cycle" of selection, valuation, and harvesting. Initially, students learn to evaluate a target company from the perspective of a private equity firm, keeping in mind the needs of investors and management. The course then delves into financial modeling, deal structuring, PE fund raising and private equity investment management. We will cover the basic LBO model used throughout the industry to structure and value deals.

• Department: Finance
• TR 9 a.m.-10:30 a.m.
• TR 10:50 a.m.-12:20 p.m.
• Instructor: Aamir Rehman
  Info
• 1.5 points

Chronic Disease Epidemiology

CHRONIC DISEASE EPIDEMIOL

This course has several goals. The first is to delineate a “personality” for chronic diseases (CDs). CDs are not extensions in time of acute illness. CDs most often have long, latent, asymptomatic beginnings, often attributable to risk factors, themselves often modifiable; interventions are usually designed for amelioration and management rather than treatment and cure As these diseases emerge in complex contexts with upstream triggers that are embedded in social, political, and economic realms, successful management requires an understanding of these drivers.
The second goal is to enlarge the visual field of the public health student to see these diseases in their global settings. It is now widely recognized that these same chronic diseases—heart disease, stroke, lung disease, diabetes, and cancer—are emerging as the dominant health issues for all countries on all continents. Hence, the course will cover these disorders in both developed and developing countries.
The third goal is to present the complexity of interventions. Prevention, or management, requires interventions that intersect personal, national and global behavior, and equally important, cultural patterns, and political realities. Effective intervention requires exploration of the impact of urbanization and globalization. Creating actionable plans requires input from a wide array of disciplines including, but is not limited to, anthropology, urban planning, political science, trade policy, corporate policy, information technology, advertising, and lobbying. This course is designed to tie these factors together in a focused manner that will permit the student to grasp the breadth of the problems and appreciate the new public health roles epidemiology will need to play to combat this modern epidemic.

• Department: Epidemiology
• M 1 p.m.-3:50 p.m.
• Instructor: Nour Makarem
  Info
• 3 points

Advanced Private Equity

“Advanced Private Equity” expands on the topics learned in “Private Equity” from a PE investment professional's perspective.  The course follows the private equity cycle from sourcing to exit. With the help of guest speakers from the PE industry, students will learn about the early stages of the deal process: sourcing and diligence. The class will build a complex three-statement LBO model, learning about how modern deals are structured with private credit, management rollovers, and non-traditional capital structure decisions.  The course shifts to the ownership side of PE deals: value creation. We will cover the strategies used by PE owners to grow and improve their portfolio companies, incorporating initiatives into our models.  The course uniquely combines lectures and guest speakers on all topics, where the guest speakers bring applications of all key issues to the classroom.

• Department: Finance
• TR 9 a.m.-10:30 a.m.
• Instructor: Michael Ewens
  Info
• 1.5 points

S. Tariffs and Trade Wars

N/A

• Department: Law
• 2 points

Selected Problems of Measurement in Epid

SELECT PROBLEM IN MEASURE

Research on health outcomes is predicated on investigators’ ability to accurately conceptualize and operationalize health constructs of interest. This course will provide an introduction to basic concepts of measurement theory –classical test and modern —and how they are applied to public health research utilizing health outcomes. Students in this course will learn key elements of applied psychometrics using research examples from the literature and from their own area of interest. In addition to a group project intended to facilitate students’ understanding of the principles presented in lectures, each student will also undertake a measurement project that will enable them to apply this knowledge to their specialized area of research. Students will learn to select and how to collect measures as well as assess the quality of measurement in epidemiologic research.

• Department: Epidemiology
• F 1 p.m.-3:50 p.m.
• Instructor: Thelma Mielenz
  Info
• 3 points

S. The Nuts & Bolts of Securities Litiga

S NUTS & BOLTS OF SEC LIT

• Department: Law
• 2 points

Corporate Valuation and Financial Modeli

Corporate valuation and financial modeling covers a wide range of valuation methodologies used in industry. At
the end of the course, students will be able to value a firm or a project. To reach this goal, we will cover the
following topics:
1. The free cash flow method for firm valuation
2. Financial statement modeling
3. The appropriate opportunity cost of capital for the FCF
4. Choice of capital structure
5. The relative valuation approach to firm valuation
6. Other approaches: the APV method, the LBO model
The course will consist of approximately one-half lecture and one-half in-class case discussions, for which students
should prepare carefully.

• Department: Finance
• WF 9 a.m.-12:15 p.m.
• Instructor: Daniel Wolfenzon
  h-index: 20 Info
• 1.5 points

Private Equity Capstone

“Private Equity Capstone” asks students to synthesize their learning, experience, and service during their time at CBS
into a final project. Students identify an area of interest and deliverables before the class starts. They identify a PE firm,
investor, or portfolio company to sponsor their project from their own searches or the PE Program’s network. The
sponsor and student work to refine the details of the project (one of four general options), where the question or issue
is relevant for the sponsor’s current business. The sponsor’s role is to provide the seed of a real-world business or
investment problem faced by a practitioner, while giving the student feedback on the project. The course provides an
opportunity for the student to gain experiential learning beyond internships and networking opportunities.

• Department: Finance
• MW 4:10 p.m.-5:40 p.m.
• Instructor: Michael Ewens
  Info
• 1.5 points

COLLOQUIUM IN DEVELOPMENT

Prerequisites: the instructors permission. Students will make presentations of original research.

• Department: Economics
• F noon-1 p.m.
• 2 points

Tech Arts: Advanced Post Production

Tech Arts: Adv Post Produ

Tech Arts: Advanced Post Production covers advanced techniques for picture and sound editing and the post production workflow process. The goal of the course is to give you the capabilities to excel in the field of post production. We will focus extra attention to concepts and workflows related to long-form projects that can contain a team of technical artists across the post production pipeline. We will cover preparing for a long-form edit, digital script integration, color management and continuity, advanced trimming, and advanced finishing. The hands-on lessons and exercises will be conducted using the industry-standard Non-Linear Editing Systems, Avid Media Composer, and Davinci Resolve.

Each week’s class will consist of hands-on demonstrations and self-paced practice using content created by the students and provided by the program.

• Department: Film
• W 9:30 a.m.-12:30 p.m.
• Instructor: Michael J Cacioppo Belantara
  Info
• 1.5 points

MODELS OF DRAMATIC STRUCTURE

.

• Department: Theatre Arts
• R 2:10 p.m.-5 p.m.
• Instructor: Margaret K Araneo
  Info
• 3 points

S. Law & Finance of the Art Market

S LAW & FIN OF THE ART MA

See CLS curriculum guide for description

• Department: Law
• Instructor: Cathy M Kaplan
  Info
• 2 points

POL ECON ANALYS OF POL BEHAVIOR

This course examines comparative political behavior from a political economy perspective, focusing on how incentives drive the micro-level behavior of voters and politicians. Students will rigorously examine contemporary debates, both theoretically and empirically. Student will also combine formal models and modern research designs to generate hypotheses, identify causal effects, and ultimately seek to interpret them. The course draws from evidence from across the democratic world. The goals of this course are twofold. The substantive goal is to familiarize students with theoretical arguments and frontier empirical evidence pertaining to central questions in comparative political economy. The methodological goal is to help students think critically and conduct cutting edge research. Specifically, the course aims to empower students to read and even write formal models, implement modern causal inference techniques in their research, and combine the two approaches to interpret the evidence.

• Department: Political Science
• R 10:10 a.m.-noon
• Instructor: John Marshall
  h-index: 20 Info
• 4 points

Gun Violence in the United States: Evide

GUN VIOLENCE IN THE US: E

More U.S. residents have been killed with guns since 1968 than died in all the wars since the country’s founding. Addressing this crisis means solving tenacious public health problems in the realms of science and of politics. In this course we will review the epidemiology of gun violence and the empirical foundations of efforts to address it through policy, study design, programmatic interventions, and environmental/physical design. We will consider obstacles to the rigorous study of gun violence as well as the innovative approaches researchers have adopted to overcome them, whether in the fields of epidemiology, health policy, medicine, criminology, or economics. And we will place all of this in the political and legal context that shapes our collective actions. Through lectures and discussion, students will become familiar with the main factors connected with firearm injury, the epidemiologic study of gun violence, the policy actors that have influenced the U.S. response to date, and the underlying beliefs and behaviors that define the U.S. relationship with guns. By reviewing both new and canonical research throughout the course, students will learn to apprise how diverse study designs — including surveys, case control studies, time-series, randomized control trials, social network analyses, and quasi-experimental approaches — are well-suited to shed light on different aspects of this subject.

• Department: Epidemiology
• W 5:30 p.m.-8:20 p.m.
• Instructor: Theodore E Alcorn
  Info
• 3 points

Current Work in Injury Control and Preve

CRNT WORK IN INJURY CONTR

The primary objectives in this course are to gain knowledge about and to critically engage with current topics in the field of injury control and prevention, to develop research and scientific inquiry skills, and to make meaningful connections with experts in this field. In this course, we will learn from experts on four topics in the field of injury control and prevention. By the end of the semester, students will have improved their ability to interpret peer-reviewed research on current topics in injury control and prevention and will be prepared to go forward asking important scientific questions in this field, with a solid sense of what is already known and what is worthy of further inquiry and investigation. Readings will be determined by the four guest speakers based on what is relevant to their field of research.

• Department: Epidemiology
• M 1 p.m.-2:20 p.m.
• Instructor: Thelma Mielenz
  Info
• 0.5 points

Compounders

This will be a demanding class meant for the student intent on entering the investment management
industry post-graduation. As such, only students who demonstrate a compelling interest in professional
investment management will be admitted, and admission will be limited to 12 students to ensure quality of
experience for all involved. This seminar is not open to the bidding process and no auditors will be
allowed. Please see the below for details on admittance.
The key to equity wealth creation is hiding in plain sight. Since 1926, a mere four percent of stocks have
generated all the wealth in the US stock market1. We call these unique companies “compounders.”2
With the exception of a few magic market companies (Facebook, Google), the vast majority of
compounders achieve this distinction in two acts. One product in one market, in most cases, is simply not
enough to become a durable and sustainable large-cap company. A second act is usually an adjacent
product or market. Think of Netflix transitioning from in-home DVD rental to streaming, or Grubhub
moving from marketplace to first party delivery, or Vail Mountain Resorts translating its subscription
season pass into an acquisition platform.
Compounders is a class dedicated entirely to the exploration of these companies. We will start off with an
examination of their core characteristics and life-cycle. We will then delve more deeply into four
compounder patterns, illustrated with case studies and brought to life by the executives who led these
companies to this rare distinction.
Students will be paired with experienced investors and, over the course of the class, will study six recent
compounders with the goal of extracting contemporary patterns that may help us to identify the future
drivers of equity wealth creation. The goal of the class is to understand compounder patterns: what are
the people, processes and systems that allow small companies to become durable and sustainable large
companies over time?

• Department: Finance
• W 2:20 p.m.-5:35 p.m.
• 1.5 points

Readings in Labor History

This seminar traces major historical trends, transformations, events, and eras that have shaped labor and the lives of workers, mostly in the United States but also around the world. With some prefatory readings about the 18th and 19th centuries, this seminar will concentrate on the 20th and 21st centuries and examine different sectors of work and the varied laboring lives of individuals and communities. Topics covered include labor during Reconstruction; the racialization and feminization of labor; industrial factory work; agribusiness’s power and the food industry; union formation and campaigns; workplace traumas and tragedies; citizen-migrant tensions and solidarities; globalization and outsourcing; sex, tech, and gig work; and how cultural changes and political schisms affect attitudes in the working and middle classes.

• Department: History
• R 4:10 p.m.-6 p.m.
• Instructor: Lori Flores
  Info
• 4 points

Value Investing in Credit Markets

Corporate credit markets are a central part of U.S. capital markets, however they are generally not well understood by MBA graduates, due to a more typical classroom focus on equities. This course will enable students to develop an understanding of the corporate credit markets and build a practical skill set to evaluate and invest in individual credits using a classic Value Investing methodology.
The approach will be a pragmatic one. Throughout the course, we will focus both on learning how to interpret the market as well as on 4 to 5 different companies - all debt issuers of different credit risk profiles - and will utilize class lectures to discuss the factors that shape capital structure and pricing of various securities (debt or equity) issued by these companies. As part of the final project, students are expected to work in teams and analyze and generate a buy or sell recommendation on the securities issued by a U.S.-based corporate issuer. This assignment will provide students with an opportunity to solidify the learnings in a hands-on, experiential manner.
In addition to lectures and student presentations, students will also hear from representatives of private equity, credit and distressed investment management, and investment banking firms. These speaker sessions will enable students to gain access to multiple viewpoints to credit markets and various investing techniques and styles.
Given the importance of credit to companies, we believe that the skill set and knowledge obtained from this class will be valuable whether one becomes an equity (public or private) investor, a credit investor, or an investment banker. We want this course to prepare students for an internship or full-time role in credit research; while we welcome anyone with an interest in the class, the material is targeted towards those with limited corporate credit experience.

• Department: Finance
• W 6 p.m.-9:15 p.m.
• 3 points

Epidemiology II: Design and Conduct of O

DESIGN & CONDUCT OF OBS E

As a basic science of public health, epidemiology is responsible for the identification of causes of disease that can guide the development of rational public health policies. The accuracy of the information provided by epidemiologic studies is therefore of central concern. Epidemiologic methods are the tools we use to make valid causal arguments. This course builds upon the methods introduced in P6400 Principles of Epidemiology or the Quant core module. The primary objective is to provide students with the basic tools necessary to design, carry out, and interpret the results from observational epidemiologic studies.

• Department: Epidemiology
• TF 1 p.m.-2:20 p.m.
• Instructor: John R II Pamplin
  Info
• 3 points

EPIDEMIOLOGY II

• Department: ONLINE MS IN EPIDEMIOLOGY
• S 9 a.m.-5 p.m.
• Instructor: Chloe A Teasdale
  Info
• 3 points

Foundations of VC

The course is very experiential. Learnings will be applied to companies that are currently fundraising and you will assess each company as if you were considering investing. There will be 2-3 guest lecturers (in addition to the startup pitches) from experts in the ecosystem so students get a varied perspective. Real company info will be shared in this class. As a result, class slides will be handed out in class but not shared electronically and class sessions will not be recorded.

• Department: Finance
• R 9 a.m.-1 p.m.
• M 6 p.m.-9:15 p.m.
• T 2:20 p.m.-5:35 p.m.
• Instructor: Angela W Lee
  Info
• 1.5 points

COLL IN INDUST ORGANIZATION

Prerequisites: the instructors permission. Students will make presentations of original research.

• Department: Economics
• M 11:30 a.m.-12:45 p.m.
• 2 points

Epidemiology of Cardiovascular Diseases

EPID CARDIOVASCULAR DISEA

The course will provide an introduction to substantive cardiovascular disease epidemiology as well as important methodological concepts pertaining to risk factor epidemiology. It will also cover new directions and some controversies. Because pathophysiology understanding is important to public health, some necessary aspects will also be covered.

• Department: Epidemiology
• W 1 p.m.-3:50 p.m.
• Instructor: Adina Zeki Al Hazzouri
  h-index: 25 Info
• 3 points

Epidemiology and Control of Tuberculosis

EPIDEMIOLOGY & CONTROL OF

P8442 offers students an in-depth look at the epidemiology and control of tuberculosis (TB). Students are lectured by specialists and leaders in the field on topics including TB epidemiology in the US and abroad, clinical aspects of TB disease and latent TB infection, TB/HIV, molecular epidemiology of TB, TB control from the perspective of health departments and hospitals, TB drug and vaccine development, social aspects of TB and TB advocacy. Students are expected to master the field of infectious disease epidemiology and control as it applies to TB. Course readings cover state-of-the-art and historical articles.

• Department: Epidemiology
• R 1 p.m.-3:50 p.m.
• 3 points

Shareholder Activism

Value investing is a challenging but simple endeavor based on two key principles: 1) We view
shares in a public company as fractional ownership of the business, and 2) we focus on the
business’ long-term prospects, and try to buy shares at a discount to fair value, with a margin of
safety against risks inherent in any enterprise. When you execute this strategy well, you will
find that the biggest risk to your investment does not derive from a weakness in your business
analysis, or a deficiency in your ability to predict future cash flows. The biggest risk does not
come from macroeconomic conditions or the seductive cries and cheers of a volatile Mr.
Market. No -- when a good investment process yields a lousy outcome, the culprit is often bad
corporate oversight. The inverse of this equation is equally important. The best investments,
the ones that compound value over many years, don’t arise simply from buying at a bargain
price. They benefit from a board and management team that know how to drive shareholder
value.
This course is about shareholder activism and corporate governance, taught from the
perspective of value investors, but filled with lessons for anyone who wants to learn how public
companies work. We believe that most young investment analysts do not have a deep enough
understanding of the complicated interactions between public company CEOs, boards of
directors, and shareholders. The best way to learn about corporate oversight is to study the
fault line where these three constituencies meet. Without this knowledge, it is difficult to
evaluate the prospects of a poorly-governed company that must change course to create value.
It is even harder to use your position as a shareholder to be an agent for positive change.
Shareholder activism can be put to good use and bad. It challenges corporations to utilize their
assets efficiently, but can also foster destructive and destabilizing short-term strategic
decisions. It is our goal to teach you to differentiate between good and bad interventions, and
to give you the tools to lead activist campaigns of your own.
This will be a fast-paced course with a significant workload, as we examine historical and
current activist situations. At the end of this course, the students will pitch their own activist
engagement – a valuable opportunity to gain hands-on experience crafting a real campaign.
The winning team will have their work presented

• Department: Finance
• M 2:20 p.m.-5:35 p.m.
• 1.5 points

Microbiome & Health

The course will provide an introduction to the microbiome and will discuss the role of microbiome in human health. Microbiome refers to the collective community of microbes (e.g. bacteria, archaea, viruses and fungi) and the function of their genomes. The number of studies related to microbiome has grown recently, coinciding with interest from the public and media in the potential of the microbiome to affect human health. The goal of this course is to provide background on important concepts related to microbiome and methodological issues common in epidemiological studies of microbiome. Concepts related to microbial ecology, gut biogeography, relationship with nutrition and metabolism, and how various factors including life stages affect the microbiome will be covered. The course will also focus on epidemiologic methods for gut microbiome studies including a focus on study design, implementation, and analysis along with a discussion on potential threats to causal inference. The concepts and methods learned will then be applied to various topics of microbiome and health (gastrointestinal diseases, infectious diseases, cancer, diabetes, obesity and environmental health).

• Department: Epidemiology
• R 10 a.m.-11:20 a.m.
• Instructor: Rupak Shivakoti
  h-index: 15 Info
• 3 points

Corporate Restructuring in Bankruptcy

This course will familiarize students with the financial, legal and strategic issues associated with
both corporate and governmental restructurings. The main focus will be on the restructuring of
financially distressed firms with particular emphasis on the negotiations between stakeholders to
convert existing claims into securities of the reorganized firm. The course will begin with a review
of the basics of corporate distress: how firms get into financial trouble, warning signs, balance
sheet composition and risk, and cost of both debt and equity capital. The course will include
discussions of operational restructuring techniques which can be used to avoid or at least mitigate
the need for balance sheet restructurings.

• Department: Finance
• R 6 p.m.-9:15 p.m.
• M 9 a.m.-12:15 p.m.
• Instructor: Robert A Johnson
  Info
• Instructor: Faculty
  h-index: 37 Info
• 1.5 points

Current and Emerging Issues in Injury an

ISSUES IN INJURY & VIOLEN

This 1.5 credit course will introduce students to current and emerging issues in injury and violence and provide a conceptual approach from which to view injury and violence within a public health framework. The multifaceted, multidisciplinary nature of injury and violence prevention will be illustrated using principles and applications of epidemiology, health policy, behavioral science, law, medicine and engineering. A combination of lecture, discussion and structured interactive group exercises will be used to illustrate key concepts, including common risk factors and injury-related health disparities, across intentional and unintentional injury mechanisms in vulnerable populations. The contribution of injury and violence to the total health burden and a systems approach to prevention will be woven into class sessions covering cutting edge and cross cutting issues related to specific mechanisms of injury such as motor vehicle, poisonings and overdoses, drowning, fire/burns, falls and violence including issues and trends in firearm injuries. Issues in surveillance, measurement and evaluation will be illustrated as the class examines current approaches to translating injury science into effective population-level prevention.

• Department: Epidemiology
• W 10 a.m.-11:20 a.m.
• Instructor: Joyce Pressley
  Info
• 1.5 points

Advanced Gynecology

ADVANCED GYNECOLOGY

This course addresses issues throughout a woman’s life span in the arena of gynecological well-being. It focuses on the development of a knowledge base that enables us to understand what gynecological and reproductive well-being is for a woman and how this impacts her health physically, mentally, emotionally, and culturally. From this perspective, we can develop appropriate patient education to maximize her ability to achieve and maintain well-being. Topics include the full range of gynecologic and reproductive health maintenance issues and challenges women face across the life cycle.

• Department: Nursing
• Instructor: Adena Bargad
  Info
• 3 points

Foundations of VC (3 Credits)

Please note that this section of Foundations of VC is application-based only and only open to students enrolled in the Venture Fellows Program. Students interested in taking this course should consider B8439 Foundations of Venture Capital: https://courses.business.columbia.edu/B8439

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Foundations of Venture Capital is very experiential. Learnings will be applied to companies that are currently fundraising and you will assess each company as if you were considering investing. There will be 2-3 guest lecturers (in addition to the startup pitches) from experts in the ecosystem so students get a varied perspective. Real company info will be shared in this class. As a result, class slides will be handed out in class but not shared electronically and class sessions will not be recorded.

• Department: Finance
• Instructor: Angela W Lee
  Info
• 3 points

PERSPECTVE ON LAT AMER STUDIES

• Department: Latin-American & Carib RS
• Instructor: Gustavo S Azenha
  h-index: 6 Info
• 1-2 points

Introduction to Machine Learning for Epi

Machine Learning for EPI

Machine learning, broadly defined as analytic techniques that fit models algorithmically by adapting to patterns in data, is growing in use across many areas within public health and healthcare. This course is intended for students with existing training in epidemiology and basic biostatistics who seek an introduction to the use of machine learning within epidemiologic research and practice. This includes an overview of key-terms and commonly-used algorithms, debates of the ethical and scientific considerations on the use of data-driven analytics when the goals are improvements in public health and causal inference and in-depth discussions about common implementations of machine learning within the current epidemiologic literature. Using a flipped classroom format, the course will combine online lecture videos with in-class discussions and group exercises to ensure a balance of substantive knowledge and practical skills. Through this hybrid learning approach, students will learn to apply critical thinking techniques as they explore the opportunities and limitations of using machine learning within the context of epidemiology. Throughout the duration of the course, all classes will include clear examples from the epidemiologic literature, discussions on ethical issues surrounding the use of machine learning and hands-on programming exercises in R/R Studio. After completion of this course, students will be able to discuss scenarios where machine learning can (and cannot) benefit epidemiologic analysis, analyze public health data using commonly-used machine learning techniques in R software, and pursue either more in-depth technical training or informed collaborations with scientists with specialized machine learning expertise.

• Department: Epidemiology
• T 5:30 p.m.-6:50 p.m.
• Instructor: Jeanette A Stingone
  Info
• 3 points

S ADVANCED CLIMATE CHANGE LAW

• Department: Law
• Instructor: Michael Gerrard
  CULPA: 2 Wikipedia Info
• 2 points

Project Finance: Principles and Applicat

PRJ FINC: Principles/Appl

This course will provide students with a strong practical and theoretical framework to be able to analyze complex infrastructure investment projects from first principles and will cover both the structuring aspects of this financial discipline (commercial and legal frameworks, key risk and mitigants, financial modelling) as well as real-world infrastructure project finance case studies and industry sector guest speakers. Overall, the course provides a practical and quantitative approach to understanding project finance transactions; focuses on energy and infrastructure transactions; integrates principles of corporate finance with an understanding of specific technologies, industrial organization, regulatory framework and country-specific policies; examines foreign exchange issues, taxation, risk evaluation and mitigation and key contractual structures; explores the fundamentals of International Project Finance; and complements and adds to the current fundamentals of Project Finance course. This course is relevant to students contemplating careers in financing infrastructure projects, considering dual engineering/finance degrees, or working for developers/sponsors of international infrastructure projects, private equity investors and infrastructure funds or international financial organizations such as Multilateral development institutions (World Bank, Asia Development Bank, Inter-American Development Bank, Asia Development Bank, Asia Infrastructure Investment Bank).

• Department: Finance
• MW 10:50 a.m.-12:20 p.m.
• Instructor: Paul D Clifford
  Info
• 1.5 points

S ENERGY INDUSTRY RESTRUCTURNG

S TRANS IN EMERG ENERGY I

Refer to Law School Curriculum Guide for description.

• Department: Law
• Instructor: Robert Grey
  Info
• 2 points