Warren Buffett and Bill Gates to Hold Master Class in CNBC Special

Warren Buffett and Bill Gates will be the 'Big Men on Campus' next month when they go to Columbia Business School to answer questions from the "next generation of business leaders" .. and CNBC's cameras will be there.

We've just announced that a one-hour special town hall event, Warren Buffett and Bill Gates: Keeping America Great, will air Thursday, November 12 at 9p and 12a ET. The program will be repeated on Sunday, November 15 at 10p ET.

Squawk Box co-anchor Becky Quick will be the moderator of the event, which will be taped earlier in the day. CNBC.com's Warren Buffett Watch will be inside the hall for real-time coverage as it all happens.

Buffett, of course, enrolled at Columbia Business School because his mentors, Benjamin Graham and David Dodd, taught there. He graduated in 1951.

Gates famously dropped out of Harvard's class of 1977.

It's the first time in years the two friends and online bridge partners will be back on campus for an appearance together, and the last one got rave reviews.

Their 2005 session with students at the University of Nebraska at Lincoln's College of Business Administration was turned into a PBS broadcast special and DVD. (Five stars on Amazon.com)

You can expect Buffett and Gates to be candid, informal, and very funny, with a substantial helping of their thoughts on the responsibilities we all have to make the world a better place.