Program Dates (tentative)
Summer 2: July 5 through August 4, 2012
Group Leader
Dennis Shaughnessy
Application Deadline
APPLICATIONS ARE NOW CLOSED
South Africa 2010 Field Research Study Documentary
Created by Michael Shearer
“By participating in this program, I can honestly say that I learned a lot about social entrepreneurship, micro-finance, South Africa, and how the world works. I found class discussions very engaging and they often challenged conventional wisdom.”
Stephanie Page, Class of 2011, CBA Finance
South Africa Field Study
The Field Research Study in South Africa is built on the theme of social entrepreneurship in urban township communities, specific to Cape Town, South Africa. The academic portion of the program includes subject material such as social entrepreneurship, social enterprise development, micro-finance, business solutions to ending poverty and small business management.
Classes are supplemented with site visits to social businesses in the surrounding Cape Town or Cape Flats area, as well as the Desmond Tutu Foundation, Robben Island, Parliament and other historical/cultural sites. Students also attend guest lectures by South African historians, politicians, journalists, venture capitalists, doctors and researchers in the areas of South Africa post-apartheid, modern business climate and the impact of the HIV/AIDS pandemic on the South African economy.
In the afternoons, student gain field experience by working with entrepreneurs to help build small businesses in township communities such as Khayelitsha, Langa and Gugulethu. The consultation teams are made up of Northeastern students in addition to TSiBA (Tertiary School in Business Administration) students.
At the end of the micro-consultation project, students present their business deliverable to a panel of student peers and judges from the TSiBA Entrepreneurship Centre, whom later determine whether or not the business is eligible for an equity investment from the NU-TSiBA MicroVenture Fund, a privately funded micro-equity fund for small business owners or entrepreneurs from township communities. Eligible businesses can receive equity investments between $1,000-$10,000 USD. This portion of the program allows students to gain “consultation” experience and also illustrates the practice of real life venture capital for business development, particularly in post conflict, emerging market communities. The fourth week of the program incorporates a week of service learning.
Course Credits
You must choose between two of the following courses in order to receive 8 semester hours of academic credit for this program:
Cost of Program
$9,460 (full Summer tuition for the 2011–2012 academic year)
*Please note that the Social Enterprise Institute awards private, need based scholarships for students with cases of financial hardship. Eligibility will be determined from the student’s financial aid counselor and through a separate application process with the Social Enterprise Institute.
Accommodation
Students will live in apartment-style accommodations in Cape Town; the cost of accommodations is included in Summer II tuition.
Application Process
To apply, please visit www.oisp.neu.edu (if before application deadline)
Eligibility
Please note this program is only open to sophomores or above with a minimum 2.8 GPA. Exceptions can be made for freshmen applicants who have previously enrolled in a course with Professor Shaughnessy. Students who do not meet this requirement but still wish to apply must contact SEI at sei@neu.edu
Preference is given to students who have completed coursework with the faculty leader though not required.
Disclaimer
Some information posted here is tentative and subject to change based on costs and dates of available flights. The website is updated as current information becomes available.