Andrew Zacharakis, Professor
John H. Muller Jr. Chair in Entrepreneurship
Spring Semester 2020
Course and Application Information
Watch for online and email announcements, Summer/Fall 2019
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
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
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.
To view the faculty video, click on "Log In with Google" and use your Babson login credentials.
Open to eligible students who have completed pre-requisite requirements.
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)
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.
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.
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.
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.
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.