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B8234: Financial Empowerment Lab NYC
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Financial Empowerment Lab NYC | Fall 2025

A “hands-on” course for MBA and law students focusing on financial health and empowerment in underserved NYC communities

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Course Description

Financial Empowerment Lab NYC is a “hands-on” course for MBA and law students that focuses on financial health and empowerment in underserved NYC communities, including Harlem and Washington Heights.  Teams of 3-4 students (with at least one business student and one law student in each) partner with local non-profits and Community Development Financial Institutions (CDFIs) on a semester-long project that culminates in a pre-specified deliverable. In the process, students will be exposed to clients of the organization, develop a personal understanding of the financial and legal challenges facing underserved populations, and work on a project that will help the organization better fulfill its mission. This course emphasizes practical learning, innovative problem-solving, and strategic collaboration, enabling students to apply their skills in a meaningful context that contributes to economic justice and positive social change.

Review Syllabus

Schedule

Fall 2025 (full-semester) class:

  • Wednesdays, 9:00 am – 12:15 pm, on Manhattanville campus.
  • Admission by application only. Enrollment capped at 48 students.
  • Open to law students (JD, LLM) and business school students (MBA, EMBA). Note: EMBA students are welcome, but must be able to attend class on Wed mornings and commit to 5-6 hours of work during the week. 

Deadlines:

  • Update July 11, 2025:  MBA students: We have accepted an initial set of MBA students into the class, but we still have some remaining MBA slots. Law students: We have open slots held for Law students. You are welcome to apply before or during general the registration in July. We will update this note on an ongoing basis.

    Please use the link below to apply. 

Course Application Form
Teaching Team
Financial Empowerment Lab class
Stephen Zeldes

Stephen Zeldes

Frank R. Lautenberg Professor of Economics and Public Policy
Economics Division
Co-director
Richard Paul Richman Center for Business, Law, and Public Policy at Columbia University
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Edward R. Morrison

Co-Director
Richard Paul Richman Center for Business, Law, and Public Policy at Columbia University
Charles Evans Gerber Professor of Law
Columbia Law School
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Daniela Tisch

Managing Director
Richard Paul Richman Center for Business, Law, and Public Policy at Columbia University
Spring 2025 Partners
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NYC Office of Financial Empowerment (DCWP)​
NYC Office of Financial Empowerment (DCWP)​

Neighborhood Trust Federal Credit Union
Neighborhood Trust Federal Credit Union

LIFT of New York
LIFT of New York

Boys & Girls Club of Harlem
Boys & Girls Club of Harlem

Double Discovery Center at Columbia University
Double Discovery Center at Columbia University

Gifted Savings
Gifted Savings

Hot Bread Kitchen
Hot Bread Kitchen

ARIVA
ARIVA

NY Legal Assistance Group
NY Legal Assistance Group

Neighbors Helping Neighbors
Neighbors Helping Neighbors

Lab Application
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Course Application Form

 

Supported By

Columbia Business School LogoColumbia Law School Logo imageTamer Institute Logo ImageRichard Paul Richman Center Logo Image

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Tel. 212-854-1100

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