Equine facilitated learning (EFL) is an innovative experiential learning method in which horses are utilized for training, creating a unique environment to practice communication and leadership skills. Organizations are increasingly seeing the need to move away from traditional training approaches and scholars have started to discuss the potential of utilizing horses for practicing communication and leadership skills. Participants do not need to ride horses but rather conduct exercises on the ground, for instance getting a horse to follow a specific path. Unlike humans, horses are not influenced by socio-demographic or corporate hierarchies, and honestly reflect a person ability to lead with their behavior. Theorized benefits, based on evidence from the field of psychotherapy, include higher self-awareness, increased emotional intelligence, better communication effectiveness - nonverbal and emotional - and more authentic and efficient leadership. However, only few empirical studies have investigated these outcomes in the organizational context. This paper aims at contributing to the understanding of this experiential learning method by analyzing the effects of corporate training assisted by horses. For this purpose, a qualitative research design with semi-structured interviews is deployed to explore the impacts of EFL workshops on executives and managers from a variety of organizations who attended programs conducted in four different EFL centers. Findings indicate that participants (aged 28-58), interviewed 1 to 2 years after the EFL training, perceive positive effects at both individual and group level. We propose a comprehensive model of Equine Facilitated Learning which includes three major elements: the context (of interacting with horses in the nature, facilitated by coaches) which influences participants’ perceived understanding (specifically, self-awareness, awareness of others, awareness of how to lead) and behavior (non verbal communication, relationship and leadership). A remarkable parallel can be noticed between this emergent threefold model and Bandura’s Social Cognitive Theory (1986), suggesting that future empirical studies could find in Social Cognitive Theory an appropriate theoretical grounding.