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  • Locations: Paraty, Brazil; Rio de Janiero, Brazil; Sao Paulo, Brazil
  • Program Terms: March Break
  • Restrictions: Babson applicants only
  • This program is currently not accepting applications.
Dates / Deadlines:

There are currently no active application cycles for this program.
Fact Sheet:
Fact Sheet:
Class Status: Graduate Program Type: Elective Abroad
Language(s) of Instruction: English Eligible Populations: See Eligibility Link Below
Housing Options: Hotel/Hostel Academic Highlights: Cultural Studies, Entrepreneurial Studies
Program Advisor: Renee Graham
Program Description:

MOB7526 Doing Business in Brazil

GRAD Brazil 2018

Andrew Zacharakis, Professor
John H. Muller Jr. Chair in Entrepreneurship 

Spring Semester 2020


Important Dates

Information Session

Course and Application Information

Watch for online and email announcements, Summer/Fall 2019


Application Deadlines

Application Opens

Monday, October 7, 2019, 1:00 PM ET

Initial Application Deadline

Sunday, October 27, 2019, 11:59 PM ET

Rolling Application Opens

Thursday, October 31, 2019, 1:00 PM ET

Rolling Application 'Pull' Dates (to fill open slots)

November 4, 11 and 18, 2019

Mandatory Course Dates

No partial participation is allowed.
Admitted students must participate in ALL program activities.



All Pre-Travel Coursework is Conducted Online

Online Discussion Boards Open (Asynchronous discussions and group work)
Begins Week of February 2nd (ongoing up until course travel)

'Live' WebEx (required)

Thursday, February 27th, 2020
5:30-6:30 PM 


In Country Arrival Date: Saturday, March 14, 2020
End of Course Departure Date: Saturday, March 21, 2020
Course Dates: Saturday, March 14-Saturday, March 21, 2020


See Syllabus for post travel deliverable

Academic Overview

Course Description

Brazil is a beautiful mess.  Over the last 35 years, the country emerged from a military dictatorship, to a troubled hyper-inflation economy, to a stabilized, rapidly growing economy, to a steep decline.  The one constant in all these years, is a generous, friendly people, continued corruption at all levels of government and a truly, spectacular tourist destination.  We will experience all of this during our 8 days in country.  This course examines entrepreneurial opportunity by visiting a number of companies across 3 cities of Brazil. We will start in São Paulo, where Brazil’s most important financial market and industrial concentration is located. We will make our way to Rio de Janeiro, the old capital of the country and its second largest city, with a stop in Paraty, a colonial town that was the port for shipping old to Portugal.  We will also take time to enjoy a futbol (soccer) match (the national religion), take a boat ride along the shipping route, see the Christo (iconic statue in Rio) and enjoy the beach. 
This class can be applied to the Entrepreneurship and Global Management concentrations.

Faculty Video

To view the faculty video, click on "Log In with Google" and use your Babson login credentials.

Course Information

Course Type



3 credits


Open to eligible students who have completed pre-requisite requirements.

For specific eligibility information, by program, visit the Eligibility page.

Student must be, and remain, in good academic standing with the college for duration of the course.

Student must be in good standing with the Office of Community Standards at time of travel.


Entrepreneurship and Opportunity (EPS7800, formerly EPS7200)

Course Documents

Course Syllabus & Sample Schedule

Academic Accommodations

Students requesting accommodations due to a disability should visit the students with disabilities abroad page for more information.

Course Logistics


Sao Paulo
Rio de Janiero


  • Students will stay in 3-4 star hotels during the course. The program fee covers the cost of a double occupancy room.
  • Students will have the opportunity to choose single room accommodations prior to departure for an additional fee. Single Supplement Fee: $400.
  • Students interested in requesting housing accommodations on an Elective Abroad, should visit the students with disabilities abroad page for more information.


International Flight (Not Included in Program Fee)

Students are responsible for booking their own international flight AFTER the course has been confirmed to run (i.e. participant minimum has been reached). A recommended international itinerary will be provided to registered students for planning purposes, the cost of which is not included in the program fee. 

  • Arrival Airport Code: GRU (Sao Paulo)
  • Departure Airport Code: GIG (Rio de Janiero)

Local Transportation

The program fee includes airport transfers, daily coach bus transportation and ground transportation between cities. 


Students should also expect to pay for individual transportation around the city for personal excursions, and to do significant walking.


  • Breakfast will be provided at the hotel.
  • The following meals are also included in the program fee: welcome dinner.
  • Students are responsible for paying for most lunches and dinners on their own.
  • Students with food allergies, intolerances, or other dietary restrictions are encouraged to contact their Program Manager prior to committing to the course to discuss any questions or concerns.
Electives Abroad Cost Elements

Estimated Total Cost:  $4,070 + Tuition (3 credits)

Program Fee: $2,200

  • Included: Accommodations, breakfast, ground transportation, program planned meals and cultural excursions. 
  • Not included: Tuition, international flight, single supplement (optional - $400), visa costs, additional meals and personal expenses.
  • Payment: The program fee is paid to the Glavin Office.
  • Cancellation Policy: All students who confirm their placement and later withdraw from the course are subject to the Elective Abroad cancellation policy. Please review this policy to understand any additional financial obligations.

Babson Tuition: 3-Credits

  • Tuition is paid directly to SFS and is billed at the 2019-2020 credit rate. Elective Abroad course is 3 credits.
  • To discuss tuition or your financial situation or to learn about grant opportunities, visit Student Financial Services.

Travel & Meals (estimated): $1,870

  • Airfare (Individual estimated to/from BOS): $1,300
  • Estimated Additional Meals: $400
  • Estimated Incidentals: $170
    • Incidentals and additional meals (lunches and dinners) are based on estimated expenses from previous courses to Brazil.
    • Expenses may be higher or lower depending on student's meal preferences.
  • Visa (if applicable)
    • All students are asked to research the visa requirements for their nationality to travel to Brazil before committing to the course.
    • Students are responsible for securing visas (as needed) before travel.

Grants & Scholarships

Contact Information

Lead Faculty

Andrew Zacharakis  

Professor Andrew 'Zach' Zacharakis 

B.S., University of Colorado, Boulder
M.B.A., Indiana University, Bloomington
Ph.D., University of Colorado, Boulder

Andrew Zacharakis is The John H. Muller, Jr. Chair in Entrepreneurship. He is the Director of the Babson College Entrepreneurship Research Conference and past president of the Entrepreneurship Division of the Academy of Management.  He is also a past chair of the Entrepreneurship Department at Babson College and a past Director of the Arthur M. Blank Center for Entrepreneurship at Babson.  His writings and research focus on two major areas of entrepreneurship: the venture capital decision-making process, and entrepreneurial growth strategies. 
Zacharakis is the author of five books, Entrepreneurship, 4th Edition (with Bygrave and Corbett), The Portable MBA in Entrepreneurship, 4th Edition (with Bygrave), Business Plans that Work, 2nd Edition (with Timmons and Spinelli), How to Raise Capital (with Timmons and Spinelli) and Entrepreneurship: The Engine of Growth Volume 2 (with Spinelli).  His research has been published in numerous academic journals including: the Journal of Business Venturing; Entrepreneurship: Theory and Practice; Journal of Private Equity Capital; International Trade Journal; Academy of Management Executive; Journal of Management; the Journal of International Business Studies; and Frontiers of Entrepreneurial Research.  Moreover, his article, “Differing perceptions of new venture failure: A matched exploratory study of venture capitalists and entrepreneurs” was selected as the best article published by Journal of Small Business Management in 1999.  Zacharakis is on the Advisory Board for the Journal of Small Business Management and also serves on the editorial review boards for Venture Capital: An International Journal of Entrepreneurial Finance, Strategic Entrepreneurship Journal, Journal of Management Studies and Journal of Entrepreneurial Finance and Business Ventures.  His dissertation, The Venture Capital Investment Decision, received the Certificate of Distinction (1995) from the Academy of Management for outstanding research in the field of new enterprise development.  He also received the 2016 Academy of Management Entrepreneurship Division Mentor Award.
Professor Zacharakis has been interviewed in newspapers nationwide, including The Wall Street Journal, USA Today, The Boston Globe, The New York Times and The Los Angeles Times, and by several magazines, including Inc., Entrepreneur and Kiplinger’s.  He has also appeared on television in the Bloomberg Small Business Report and radio on NPR Morning Edition.  He has taught seminars at leading companies, including OmniLife, Merck, Intel, and Met Life.  He has also taught executives, students and professors worldwide in such countries as Australia, Brazil, Costa Rica, Chile, China, Columbia, Egypt, Germany, Mexico, Norway, Spain, Turkey and United Arab Emirates among many others.  Zacharakis won the Dean’s Award for Best Teacher in Executive Education for 2017.
Prior to his work at Babson, he held investment banking/venture capital positions with The Cambridge Companies, a Los Angeles firm that invested in retail concepts and movie partnerships.  Today, Zacharakis is an active angel investor in seed stage deals.  He also previously held positions at IBM and Leisure Technologies.  He is a consultant to entrepreneurs and small business start-ups and ventures.


Program Manager

Renee Graham  

Renée Graham 

Renée Graham, Assistant Director of the Short-Term Programs Team, manages the programming for Electives Abroad & Away, the International Consulting Experience, and the Global Entrepreneurship Experience. She manages the 2019/20 undergraduate Electives Abroad courses to the UAE, Thailand/Malaysia and England, as well as the graduate Electives Abroad courses in Hong Kong, Brazil and Sweden. Renée's MSEL Global Entrepreneurship Experience program responsibilites this year are in Chile and China. In the Fall you will also see Renee court side as an assistant coach for the Babson women’s volleyball team.


Course Administrator

Tamara Lamenzo  

Tamara B. Lamenzo

Tamara Lamenzo joined Babson College in 2012 as a program coordinator at Babson Executive Education and then served as a program manager. Currently, she is the assistant director for the Babson College Entrepreneurship Research Conference (BCERC). She has many entrepreneurial skills, as she started Parent Talk, a nonprofit that has been going strong for 25+ years. She also spent some time in the liquor business as the part-owner of a store and as the operator of a beverage catering service. Currently, she is the staff advisor for the fourth cohort of graduate students working with TEDxBabsonCollege.


This program is currently not accepting applications.