This course can be viewed as the most significant case study of your MBA education – the case of China. We will discuss factors that could influence the chance of success/failure of doing business in China, including the history that lives in the Chinese psyche, laws and regulations toward foreign investors, local financial and macroeconomic environment, and corruption and expropriation risks. Students will pick one or two major challenges faced by international firms in China, investigate, through corporate visits and additional research, how firms on the ground actually deal with them, assess the effectiveness of the strategies, and propose ways to improve them if possible.
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 will have at least one wrap up meeting at Columbia Business School. The 2009-2010 Global Immersion Program fee for all classes is $1800 and provides students with 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, and will not have their program fee refunded to them. No program fee refunds will be given after the add/drop period has closed. The in-country portion of the course will take place in Shanghai beginning the evening of Sunday, March 7th and concluding Saturday March 13th.
Wei Jiang is Arthur F. Burns Professor of Free and Competitive Enterprise in the Finance and Economics Division, and the Director of Chazen Institute of International Business at Columbia Business School. Jiang received her B.A. and M.A. in international economics from Fudan University (China), and Ph.D. in economics from the University of Chicago in 2001 after which she joined Columbia Business School...