Below is a sampling of the joint electives offered through Columbia Business School and Columbia Law School. Read the complete list.
B8325-001 Mergers & Acquisitions
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.
B8343-001 Corporate Governance
The governance of the public corporation is under a variety of pressures: new regulations enacted in reaction to the financial crisis; dramatic changes in corporate ownership from the classic Berle & Means model of dispersed ownership to concentrated holding in the hands of a range of financial intermediaries (with varied incentives, agendas and strategies to fuel both their own growth and gains for their beneficiaries); the related rise of shareholder activism and the growth of proxy advisors; and general changing expectations about the role of the board in relation to both shareholders and management. Together, these pressures present a challenge to those seeking to manage and direct the affairs of the corporation. This course aims to explore failures and successes in corporate governance and how those failures and successes are impacted by the changing dynamics described above.
L9065 International Banking and Financial Law
This seminar will explore the legal framework within which international banks operate, with particular emphasis on U.S. laws and regulations and international accords to which the U.S. is a party. The semester will begin with a brief overview of the "black letter law" of banking in the U.S. before moving on to more advanced topics. Throughout the semester, however, the focus will be on the application of legal principles to "real world" banking transactions and business planning exercises faced by international banks. As a result of the recent financial crisis, the Seminar will also devote significant time to analyzing the problems and causes of the financial crisis and potential ways to address these issues, including the impact of the Dodd-Frank Act. Specific topics will include corporate finance and capital markets activities of banks (including securities offerings, conflicts of interest and the use of derivative instruments), international activities of U.S. banks, capital adequacy requirements, foreign bank expansion into the U.S. and banking in the European Union. Essential elements of the course are extensive case studies drawn from actual experiences in the business of banking. These case studies will be used both to illustrate how the general principles are applied in real life situations and to elicit the active participation of the students.
L6221 Commercial Transactions
This course studies legal problems arising in commercial settings, with a principal emphasis on those sections of the Uniform Commercial Code that govern secured transactions and payments systems—namely, Articles 3, 4, 4A, and 9. A major goal of the course is to offer students an opportunity to build on the foundation curriculum in contracts and property, by working through some of the topics covered in those courses at a more advanced level..