If you don't want to roll your own, there is a function available in the pydoc module that does exactly this:
from pydoc import locate
my_class = locate('my_package.my_module.MyClass')
The advantage of this approach over the others listed here is that locate will find any python object at the provided dotted path, not just an object directly within a module. e.g. my_package.my_module.MyClass.attr.
If you're curious what their recipe is, here's the function:
def locate(path, forceload=0):
"""Locate an object by name or dotted path, importing as necessary."""
parts = [part for part in split(path, '.') if part]
module, n = None, 0
while n < len(parts):
nextmodule = safeimport(join(parts[:n+1], '.'), forceload)
if nextmodule: module, n = nextmodule, n + 1
else: break
if module:
object = module
else:
object = __builtin__
for part in parts[n:]:
try:
object = getattr(object, part)
except AttributeError:
return None
return object
It relies on pydoc.safeimport function. Here are the docs for that:
"""Import a module; handle errors; return None if the module isn't found.
If the module *is* found but an exception occurs, it's wrapped in an
ErrorDuringImport exception and reraised. Unlike __import__, if a
package path is specified, the module at the end of the path is returned,
not the package at the beginning. If the optional 'forceload' argument
is 1, we reload the module from disk (unless it's a dynamic extension)."""