Governance for Board Committees NEW

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Governance for Board Committees


Overview

Impact

Participant Profile

Key Learnings

Learning Methodology

Program Content

Audit Committee — Risk and Financial Integrity

Introduction to Committees: Core Responsibilities
A foundational session establishing the purpose, legal framework, and fiduciary duties common to all board committees, positioning the Audit Committee within the overall governance structure.

Audit Committee: Process, Core Responsibilities, Regulatory Landscape
A detailed review of the Audit Committee’s mandate, including financial reporting integrity, oversight of the external auditor relationship, and key regulatory requirements, including SOX compliance and PCAOB oversight.

Ethics and Compliance
Examines the committee’s role in overseeing organizational culture, enforcing the Code of Conduct, and assessing the effectiveness of compliance and whistleblower programs.

Enterprise Risk Management (ERM): The Audit Committee’s Role
Focuses on oversight of the company’s ERM framework and how directors can effectively challenge management on risk identification, assessment, and mitigation while ensuring alignment between risk appetite and strategic objectives.

Internal Audit: Maximizing Value & Independence
This session explores best practices for maintaining the independence of Internal Audit, assessing audit quality, and leveraging the function to address emerging risks.

Guest Speaker: 

Dominique Vincenti, CIA, CRMA*
Board Member and Audit Committee Chair, Loft Orbital; former Vice President of Internal Audit and Chief Audit Executive, Uber.

*Speaker is subject to change

Audit Committee Case Study: Silicon Valley Bank (SVB)
An in-depth examination of the governance and risk oversight failures that contributed to the collapse of Silicon Valley Bank, with practical lessons related to liquidity risk, interest rate exposure, and internal controls monitoring.

Compensation Committee — Strategy and Stakeholder Alignment

Compensation Committee Process & Responsibilities
An overview of the committee’s annual cycle, charter requirements, and best practices for executive compensation decision-making and documentation.

Assessing CEO Value Add
A discussion on how to define, measure, and evaluate CEO performance and contribution to long-term shareholder value across financial, operational, and strategic dimensions.

IBM Case Study: Setting Management Compensation
This extended case study examines the challenges of designing executive compensation plans during periods of transformation, with a focus on aligning incentives with strategic objectives and long-term value creation.

Guest Speaker: 

Jesse Greene
Executive in Residence
Columbia Business School

*Speaker is subject to change

Managing Proxy Advisors: Navigating the Influence Landscape
A panel discussion on engaging with proxy advisory firms, including Institutional Shareholder Services (ISS) and Glass Lewis, as well as institutional shareholders. The session focuses on transparency, communication, and articulating the rationale behind executive compensation decisions.

Compensation & Talent Management: The Human Capital Connection
Explores the committee’s expanding role in talent strategy, including executive succession planning, culture, leadership development, and the alignment of compensation structures with talent attraction and retention.

Nominating and Governance Committee — Culture and Future Readiness

Nominating & Governance Committee Process
An overview of the committee’s core mandate, including governance guidelines, committee assignments, board evaluation, and the committee’s increasingly strategic role in board leadership and effectiveness.

Board Refreshment and Composition
Focuses on strategic board planning, including identifying future skills gaps, managing director tenure, and implementing effective director recruitment and succession processes.

Is It the Right Board?: Nominating Committee Case
Challenging participants to evaluate a board’s composition, independence, and capabilities against the organization’s strategic priorities, culminating in a framework for board refreshment and succession planning.

Driving Diversity of Thought
A panel discussion exploring how boards can foster meaningful diversity of perspective and strengthen organizational performance through effective governance, culture oversight, and incentive design.

Faculty Director

Shiva Rajgopal | Roy Bernard Kester and T.W. Byrnes Professor of Accounting and Auditing at Columbia Business School Executive Education

Shiva Rajgopal

Roy Bernard Kester and T.W. Byrnes Professor of Accounting and Auditing; Chair of the Accounting Division Accounting Division

Meet Your Faculty: Shiva Rajgopal

FAQ

Certification

I’m interested in the Certificate in Business Excellence (CIBE), how do I get started?
At Columbia Business School Executive Education, you’ll be able to customize a unique learning experience by selecting programs that best interest you and are most suited for your needs. Any completed program, regardless of format (live online, in-person, or online), will count towards the Certificate in Business Excellence. 

Which programs qualify for the CIBE? 
Any completed executive education program, regardless of format (live-online, in-person, or online), will count towards the Certificate in Business Excellence. Partner programs will also count towards the certificate.

What programs are considered partner programs? 
Executive education programs developed and administered with our educational partners, bring the best of our combined knowledge, thought leadership, resources, and expertise. Kindly find a list of our partners here on our partnership page.

What are the costs of the certificate? 
There’s no set cost associated with the certificate path since you’re able to customize your learning journey with in-person and online programs (price will vary depending on the program type and length).

Are there any tuition assistance or scholarships? 
At Columbia Business School Executive Education, we offer non-degree and non-credit-based professional development programs to the global business community. As our programs are non-degree and non-credit, they do not qualify for financial aid.

How are CIBE credits determined? 
Credits for a program are determined by the program duration and total learning hours. 

Where do I find information on the credit value for a program?
You will find this information on each program page. Credits range from 0.5 credits – 26 credits per program. 

How do I get enrolled in the CIBE? 
Your certificate journey will start with your first program, and you have 4 years to complete your CIBE. You may register for any of our executive education programs on each program page. You may enroll using the “View My Application Cart” button, and the application process should take 5-10 minutes.

How do I receive credits?
You are required to fully attend a program and complete all necessary coursework in order to receive CIBE credits. Credits are only awarded after you complete a program.

How do I check the status of my Certificate completion? 
Kindly reach out to a Learning Solutions representative for any questions on the status of your CIBE credit count.

Do CIBE credits expire? 
Credits are only valid for four years. If you have not completed your CIBE within four years, we will only count non-expired credits towards your CIBE credit total.

Does the Certificate in Business Excellence expire?
Your Certificate in Business Excellence does not expire. Once you become a certificate recipient, you will join the greater alumni community at Columbia Business School.

I’ve reached 18 CIBE credits, what’s next?
Congratulations! You should receive a digital copy of your certificate at the end of your program. If you do not receive a copy from your program manager, kindly contact your Learning Solutions representative or your program manager for next steps.

Will I receive a physical certificate?
Upon completion, you will receive a secure, digital certificate through Accredible. Within the platform you will have the option to print your credential, post it to your LinkedIn feed, or display it on your profile as a certification. Please contact your program manager for the status of your digital certificate. 

How do I get access to my alumni benefits?
Once you complete your CIBE, we kindly ask for your patience as we process your alumni credentials. The processing time can take anywhere from 8 to 10 weeks long. 

Can I add the Certificate in Business Excellence to LinkedIn?
Yes! We will provide you with instructions on how to add your certificate to your LinkedIn profile after you become a Certificate recipient. 
 

Assignments

Will there be any homework or assignments?
For select programs, there will be some assignments to complete after the end of select program sessions. Assignments will typically consist of readings, self-reflections, and brief assessments. This approach is designed to help you practice your learnings.

How long will assignments take?
We do not expect that homework assignments will take up a large amount of time to complete. 

Will there be any examinations or grades?
There will be no examinations or grades for our live online programs.

Preferred Pricing and Tuition Benefits for Alumni

Are there preferred pricing options available?
Yes, preferred pricing is available for groups of two or more. To inquire, email execed@gsb.columbia.edu.

As a Columbia Business School alumni am I eligible for tuition benefit?

When you earn a Certificate in Business Excellence you will receive a 25 percent tuition benefit for full-price Executive Education in-person programs lasting three and four days and all full-price online programs. Exclusions apply**

 

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