Global Immersion: Doing Business in North Africa)
North Africa is a region which groups the countries of Mauritania, Morocco, Tunisia, Algeria, Libya and Egypt, is a region ripe for business opportunities. The region represents a market of more than 170 million people with an average annual GDP growth of 4-5% over the past decade. Because of its free trade agreement with Europe and several counties in Africa and the Middle East, the region can potentially become a gateway to a market of more than 500 million people. The North African region is going through profound changes following the initial upheaval of the Arab Spring. But there are many questions that wait. Will these countries transition to democracy? Will they be able to create a business environment that is attractive to investors? If so, what investment opportunities exist in the region? What are the risks involved and the future challenges? And, how best to enter such a market? The course will explore these questions and other issues related to doing business in North Africa.
This course will meet weekly on Wednesdays, 2:15-3:45pm in the B term and will travel to Tunis from January 19-25. 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 a wrap up meeting at Columbia Business School. The 2013-14 Global Immersion program fee for all 6 night courses is $1800 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 and will not have their program fee refunded to them. No program fee refunds will be given after the add/drop period has closed.