B8727-001: Global Immersion: The Business Environment in Vietnam
R - B Term, 02:15PM to 03:45PM
Credit hours: 3.0
Location: WJW 416
Instructor: Michel Pham
While China’s economic power and business potential are well recognized and understood, much less attention has been paid to its southern neighbor, Vietnam, a country with a population of more than 90 million, whose per capita GDP growth in the past 15 years has been among the fastest in the world. A rapidly changing economy and society, Vietnam presents both substantial business opportunities and considerable challenges. The purpose of this course is to introduce students to Vietnam’s unique business environment. It will consist of a series of content-oriented sessions in New York during the B term of Fall 2016, followed by a week-long experiential visit in Vietnam from Saturday, January 7 through Saturday, January 14, 2017. During this visit, we will travel to both Ho Chi Minh City in the South, and Hanoi in the North. Topics covered in the New York sessions include: (a) overview and history of Vietnam; (b) structure of its economy; (c) main industry sectors and businesses; (d) foreign investments and trade partnerships; (e) Vietnamese society; and (f) business culture. In-country experiences include visits of both local and foreign companies, governmental organizations, agricultural operations, and other cultural and educational experiences. This course is recommended only for students who are comfortable with the challenges of travel and research/study in a developing country and have high tolerance for uncertainty.
About the Global Immersion Program
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 2016-2017 Global Immersion Program fee for one week classes is $1800 and provides students with double occupancy lodging, ground transportation and some meals. 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. Cuba is the only class which includes airfare, and will have an additional fee to cover that, as flights must be arranged by charter. 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. Please visit www.gsb.columbia.edu/chazen/students/globalimmersion to learn more about the Global Immersion Program and review all policies of the program.
Michel Tuan Pham
Kravis Professor of Business
Professor Pham’s business expertise covers the areas of marketing strategy and management, branding, customer and consumer psychology, trademark psychology, marketing communication, and executive decision making. His most recent research focuses on the role of feelings, emotions and motivation in consumers’ and managers’ judgments and decisions. His numerous publications are widely cited and have appeared in many leading scholarly journals including...