This course is relevant for students who plan to work for firms that operate in emerging markets, or firms that compete with businesses in emerging markets. The course is also relevant to students who plan to work as consultants in emerging market contexts. This course focuses on strategies that firms based in emerging market economies around the world are adopting to compete in their home markets and, increasingly, in regional and global markets beyond their boundaries. The course also considers frameworks for identifying new markets through the development of new models in emerging markets, where emerging markets are defined as countries that have established moderate degrees of market-based infrastructure, including labour markets, property rights, legal transparency, capital markets, regulatory frameworks, governance, and physical infrastructure.