The purpose of the Columbia Business Society (CBS) is both multifaceted and quite distinct from any other organization. The organization that we propose is open to the entire student body at Columbia. We would like to create a club that will allow interested students (of all financial adeptness) to learn about the business world with an emphasis on finance. This 'world' includes entrepreneurial skills. management issues within the firm, management / strategic planning, common and preferred stocks, municipal and corporate bonds, mutual funds, commodity futures, stock options, etc. Different forms of analysis will be discussed, including quantitative, fundamental and technical.

Lectures will be given by entrepreneurs, management / strategic consultants, fundamental analysts, technical analysts, mutual fund managers, money managers, stock brokers, professors, traders, etc. Managers of both small and large funds will be invited to speak and discuss the pros and cons of each. Also, we will invite the CFO's (chief financial officers of small-cap companies to explain how their companies are run. Perhaps we will include a student outing to one of the stock exchanges in New York, so that students can see them, in motion, firsthand.

PREAMBLE This document is to be used as a guideline for the Columbia Business Society board members to resolve any possible conflicts or problems that may arise. In the event that these guidelines do not help to resolve a particular problem, board members must vote to settle said problem.

ARTICLE I Name

Section 1. The name of this organization shall be the Columbia Business Society, hereafter referred to as CBS.

ARTICLE II Purpose

Section 1. The purpose of the CBS is to educate participants, through discussions and lectures, about various business matters with an emphasis on financial and entrepreneurial matters. These matters include analysis (technical, fundamental, and quantitative), corporate and municipal bonds, common and preferred stocks, mutual funds, etc.

ARTICLE III Voting

Section 1. For the purposes of any vote, the following will hold: There are 13 votes to be cast. Each of the four members of the governing board will have 2 votes, which may not be split. Each committee chair will have 1 vote. In the event that there are fewer than 5 committee chairs, the additional members in good standing who are present at said vote will have those additional committee votes to cast. All non-committee votes will be determined by majority and will not be divvied up.

Section 2.

Votes may be proxied only with written consent and indication of vote by vote-holder. Votes on items of major import may only take place with presence or proxy of all four members of the governing board

ARTICLE IV Membership

Section 1. Membership will be open to all undergraduate students in Columbia University. There will be no exclusion from membership on the basis of race, gender, sexual orientation, religion or disability.

Section 2. Members are expected to conduct themselves in a mature manner. Failure to do so may result in a vote for expulsion. A majority vote will suffice.

ARTICLE IV Meeting and Procedures

Section 1. All members should be informed of meetings to the best ability of the governing board

Section 2. Meetings shall only take place with the presence of at least two members of the governing board.

Section 3. All decisions are made through executive voting except in the condition as noted in Article III.

ARTICLE V Officers

Section 1. The leadership of CBS will consist of a governing board (President, Vice-President, Treasurer, and Secretary) and the committee chairs of any committee they deem necessary (a maximum of 5 committees may exist).

Section 2. The governing board may appoint each committee chair as they see fit. Once appointed, committee chairs may not be replaced unless by majority vote of the governing board.

Section 3. The governing board and committee chairs will be responsible for the overall organization and delegation of tasks of the CBS. The treasurer will be responsible for bookkeeping and regulation of all monies.

Section 4. Voting will be held at the end of each school calendar year for the following school calendar year.