Immersive Field Courses: IFCs require a firm commitment and carry a financial obligation. Financial aid is available in the form of a student loan, a need-based HBS scholarship, or a combination of both depending on your individual circumstances. The Add/Drop process at the start of the term is the mechanism for any IFC enrollment changes, and, after that point, the course fee is non-refundable. Refer to the GEO website for full details on IFCs and be sure you understand the Course Policies and Course Fee & Financial Aid. Visit IFC Financial Aid for a quick assessment to determine your eligibility and process or contact finaid@hbs.edu for more information.

Enrollment: Limited to 45 MBA students (due to the nature of IFCs, auditing is not permitted)

Course Overview

The continent of Africa is often misunderstood, and the opportunity for both impact and profit are underappreciated. The Africa IFC will highlight the many opportunities and potential challenges for students interested in business on the continent. Students will visit and work with companies in Cape Town and gain firsthand experience of business in Africa, by meeting and working with other young Africans in the area. We will reflect on a changing international environment marked by COVID, the decline of globalization, a possible global recession and a new Cold war ignited by the Ukrainian crisis, trade wars and tariffs. How are these factors affecting Africa, how are countries reacting to these challenges. How are these events impacting companies and how are companies reacting to these new difficulties. For students it will provide an opportunity to see and be part of problem solving and crisis management within an African corporate setting.

Our sessions will begin with a look at the major political, economic and social trends that are dominating the continent. We will then examine the business environment and look at the peculiar features of business on the African continent as well as the impact of technology. How business is conducted in a continent where infrastructure is often poor, data absent, and capital constrained. Many of the lessons in this IFC are applicable to Global Emerging Markets, especially those in Asia and Latin America..

While in South Africa and while on campus, students will have the unique opportunity of meeting with and learning from leaders in politics and business from across Africa. In South Africa there will also be opportunities to discover the social and cultural landscape of Africa, including the changing role of women in the society and how the issues of ethnic diversity and inclusion are tackled on the continent. The history and legacy of Apartheid will be examined.

I graduated from Harvard business school in 1980 and have worked on the continent for the last 42 years in both business and government. I hope to share with students the perspectives, network and experiences that I have gained over the decades. And with the network I have developed over those decades, I seek to place students within companies and projects where they can experience Africa first hand in both its difficulties and challenges, side by side its excitement and newness and its unique possibilities ...

The main deliverables will be:

• A) report at the end of the time in South Africa to be submitted to the company.
• B) a piece of written work to done in Boston which looks at the main themes covered in the classes and in the readings

Course Credit and Fees

Students will receive 3 credits upon successful completion of this course.

HBS will provide logistical support for the immersion (including accommodations, select meals, and local travel arrangements). Students will be charged a course fee towards defraying a portion of these costs. Students are responsible for booking and paying for their own round-trip air travel and any costs associated with required visa documentation and immunizations. Students should ensure adequate processing time for all visas, as travel fees are not refundable if a student does not secure visas on time.

For detailed information about what the course program fee includes and excludes, as well as information about student accommodations, please visit the GEO website or email geo@hbs.edu.

GEO continuously evaluates the safety and logistical feasibility of running Immersive Field Courses in each location. Please be aware that IFCs can be canceled at any time due to changes in global health and safety or other unforeseen circumstances. Students will not be redistributed into another IFC, nor will a new course be developed. Course fees will be refunded.

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