Global Social Entrepreneurship
This course introduces students to practical issues faced by mission-driven social entrepreneurs, linking teams of Yale students with social enterprises (SEs) based in India. Student/SE teams work together to address specific management challenges faced by the SEs, culminating with the development of a set of recommendations (operational, financial or otherwise) to meet the identified challenges. The course involves both students traveling to India and the Indian social entrepreneurs traveling to Yale.
Managing Social Enterprises in Developing Countries
In conjunction with the Global Social Enterprise student club, this course focuses on pro bono consulting projects in a different developing country each year. (Most recently, work has been done in Brazil, Thailand, Colombia and Madagascar.) The projects apply Yale SOM students’ management skills toward socially focused organizations to help achieve sustainable growth.
Doing Business in the Developing World
A. Mushfiq Mobarak
This course examines the challenges faced by for profit firms and non-profits operating in the developing world. The course first focuses on conducting business in environments with weak or deficient institutions, including corruption, political risk, and poor investor protection, and then explores the role of the private sector in development, including both the contributions to and the costs imposed by multi-nationals, non-profits, and NGOs in developing countries.
Strategic Management of Nonprofit Organizations
This course explores issues of concern to managers of nonprofit organizations, including mission definition, competing internal and external demands, resource scarcity and uncertainty, governance systems, and managing strategic change. While the principal thrust of the course is on nonprofit organizations, there are opportunities to examine areas where public, for-profit, and nonprofit organizations interact.
Public and Private Management of the Environment
(joint offering with Forestry & Environmental Studies (FES))
This course covers market-based, governmental and non-governmental solutions to key environmental problems including climate change. The course also discusses the role of policymakers and NGOs in creating environmental markets, and how firms can use corporate environmental strategy to drive profits and competitive advantage.
Microfinance and Economic Development
This course explores the successes and limitations of microfinance as an economic development strategy. The focus will be on the role of microfinance in international poverty alleviation efforts. We will explore the history and evolution of the field, from both a theoretical and practical perspective. While the roles played by various constituencies (e.g., clients, policy makers, donors, investors, etc.) will be examined, emphasis will be on the practitioners’ perspective and the challenges of managing a “double bottom line” institution.
Leadership and Values
This class merges Business Ethics with Behavioral Economics. Steeped in research on judgment and decision making, it also recognizes that leadership is more than merely “deciding” to do something. Using recent developments in psychology and neuroscience, this course challenges assumptions about human behavior and values.
Managing a Modern Workforce
Within the next ten years, ethnic minorities, women and immigrants will make up more than 85% of the American workforce. Furthermore, cross-national interaction has become the norm in many corporations. Given these demographic and structural changes, managers must be able to effectively work with and manage a diverse workforce. This course is designed to provide students with the knowledge and skill-sets necessary to manage the many issues that arise in diverse organizations.
Behavioral and Institutional Economics
Behavioral economics incorporates insights from other social sciences, such as psychology and sociology, into economic models, and attempts to explain anomalies that defy standard economic analysis. Institutional economics is the study of the evolution of economic organizations, laws, contracts, and customs as part of the historical and continuing process of economic development. Behavioral economics and institutional economics are naturally treated together, since so much of the logic and design of economic institutions has to do with complexities of human behavior. Poverty, economic growth, social welfare, economic development, and the effects of globalization are all discussed.
Policy Modeling provides an operational framework for exploring the costs and benefits of public policy decisions. The techniques employed include "back of the envelope" probabilistic models, Markov processes, queuing theory, and linear/integer programming. With an eye towards making better decisions, these techniques are applied to a number of important policy problems.
Community Development and Financial Institutions (Law)
This is a multi-disciplinary clinic which focuses on issues of neighborhood revitalization, low-income housing, financial institutions and community vitality generally in low and moderate income populations. The class focuses on issues of poverty alleviation and economic development, emphasizing non-adversarial, transactional approaches to advocacy.
Faith and Globalization (Divinity)
Miroslav Volf / Tony Blair
Religion will slowly wither away or lodge itself quietly into the privacy of worshipers’ hearts, many leading thinkers of the 19th and 20th century predicted. Instead, at the beginning of the 21st century, we find that religion has re-emerged as an important factor on the national and international scenes, in such disparate spheres as politics, business, medicine, and so on. Moreover, the number of religious adherents is growing in the world today, both in absolute and relative terms. Religion’s influence promises therefore to continue undiminished. That influence is likely to prove ambivalent- contributing significantly to human flourishing, and yet at the same time serving as a source of extremism and violence. This course explores a set of interrelated issues about the resurgence of religion on the public scene in the context of globalization.
Transportation and Urban Land Use Planning
The focus of this course is on the environmental impacts of alternative transportation and urban land use policies, taught from a policymaker’s perspective. It begins with a historical overview, examining the profound changes in the structure of cities following the advent of the automobile. The course then focuses on present and future environmental impacts—air pollution, greenhouse gas emissions, urban sprawl—resulting from the exponential growth in motor vehicles, particularly in developing country cities, and examines alternative scenarios for mitigating these impacts. The course also examines policies to create compact, regional cities through the integration of transportation and land use planning and focuses on next and future steps, including congestion costs and congestion pricing, intelligent transportation systems, new automobile technologies, and so forth.
Private Investment & Environment (FES)
This course provides an overview of how private investors consider environmental topics within investment decisions, and is substantially focused on natural resource and energy sectors as well as innovative efforts to address land conservation and climate change.
Nonprofit Organizations Clinic
This clinical workshop will serve the needs of nonprofit organizations, nascent and established, that require help in the process of organization and incorporation, in obtaining tax exemption, and solving ongoing legal problems — organizations that cannot afford to retain private counsel.
Healthcare Leadership Seminar
This course, open to joint degree candidates of the School of Medicine or with written permission of the course director, exposes the students to current leaders in healthcare, with a particular emphasis on those leaders who are, or have been, active clinicians. The students come prepared to discuss the key elements in the speaker’s careers, including their research, when appropriate.
Financial Statements/Private Not For Profit Organziations
Herbert Folpe / Rick Antle / Stanley Garstka
This course, conducted in a workshop format, focuses on financial aspects of nonprofit organizations, beginning with their financial reports. The objectives of this course include helping students (1) become more intelligent users of the financial statements of nonprofit organizations such as private colleges, hospitals, charities, and cultural institutions and (2) better understand the factors that affect the financial condition and financial performance of such entities.
This course examines the history and practice of philanthropic foundations in the United States from the establishment of the Peabody Education Fund in 1867, through the rise of large general-purpose foundations in the first decades of the twentieth century, to the major reshaping of foundations that occurred in the wake of the 1969 Tax Reform Act. The course will examine the practices of independent, family, corporate and community foundations and will explore, in detail, foundation governance structures, program design, grant decision-making processes, and evaluation procedures.
Donald Lee / Elisa Long
With healthcare spending in the United States exceeding 16% of GDP and the demand for health services continuing to increase, improvements in the quality and efficiency of healthcare delivery are urgently needed. This course explores opportunities for improvement in the design and management of healthcare operations. We will discuss applications to hospital and primary care settings, the payers (both public and private), the pharmaceutical industry, and state and local governments.
Law for Executives and Managers of Nonprofits (Law)
This course introduces students to the basic structure and workings of American (and, to a lesser extent, international) law, and to the core legal principles that govern business. We will also, using supplemental materials specially designed for this purpose, address legal issues faced by an entrepreneur from creation of a business plan through IPO or sale of the business. This overview-and-survey course is designed to teach students enough law to help them anticipate common legal challenges and understand when and why they need to obtain professional legal help.
Legal Aspects of Entrepreneurship (Law)
This course covers key US laws and regulations relevant to start-up and established businesses, including employment law, securities law, torts, intellectual property, and other topics. The course is strongly concerned with the public interest, and the intersection of private business and society.