Entrepreneurship, Financial Markets, and Corporate Finance in a Global Environment

BMGT 4480: Entrepreneurship, Financial Markets, and Corporate Finance in a Global Environment (3 Credits)


Program Dates

PLEASE NOTE NEW DATES: January 1 -11, 2015.
First paid hotel night in Hong Kong is Friday, January 2. Last paid hotel night in Guangzhou is Saturday, January 10.


Guanghua, China and Hong Kong


Gurdip Bakshi and Xiaohui Gao

Program Fee

$2,750 (program fee reduced from originally posted)  |  Scholarships available!


Complete Online Application
NOTE: Admission of students with complete applications is on a competitive basis and application review will take place during the one week period following the "last day to apply" date. Admissions notifications will be sent on or after the decision date.

Over the last two decades, China has reinvented itself economically, politically, and socially. The effects of opening up to the outside world have been dramatic for both China and the world. Although the Communist Party still rules, there has been a shift from production to consumption and an increasing emphasis on personal autonomy rather than reliance on the state. This course offers a basic understanding of modern China, including socioeconomic, political, and business and management perspectives. One may view the course as the starting point for anyone interested in doing business in or with China. The class will study best practices in entrepreneurship, financial markets, and corporate finance.

The course will begin in bustling Hong Kong, also known as “Asia’s World City,” where students will have several business visits and meet and engage with students from the City University of Hong Kong.   Next, after a one-hour ride via jetfoil, students will explore Macau, the ‘Vegas of the East.’ It is a former-Portuguese colony that now provides a study in how businesses learn to adapt, promote and diversify to satisfy the thousands of daily tourists.  Then it is on to Guangzhou via high-speed train to participate in more business site visits and cultural activities.

In just nine days, students will become sophisticated travelers, gain familiarity with Chinese business practices, understand global business trends, and meet managers, bankers, entrepreneurs, and business owners who will teach them first-hand about the nuances of doing business in China.  

What else do you need to know?

PROGRAM DETAILS   International flights should not be booked until confirmation of course acceptance.  Once registered for the course, students are advised, but not required, to purchase refundable airplane tickets to counter any inconvenience caused by a change in unforeseen circumstances. Oftentimes, students have made their travel arrangements through STA Travel, a discount student travel agency. A suggested itinerary will be made available but each student is  responsible for the booking and payment in full of their own flight.  

THE COURSE PROGRAM FEE ($2,950) includes UMD tuition for 3 credits; lodging in shared accommodations; transportation in, around and between Hong Kong, Macao and Guangzhou for scheduled activities; on-site support and orientation; costs for any mandatory academic and cultural excursions and/or activities; most group meals; professor and partner fees; pre-departure meetings and excursions; UM Education Abroad services; International health insurance, including medical evacuation and repatriation of remains coverage. Not included: personal expenses, a few meals, optional trip insurance and international airfare. Students are responsible for obtaining and paying for their own visa and/or entry fee where applicable. 

PAYMENT OF THE PUBLISHED PROGRAM FEE is divided into three separate charges that are collected accordingly: 

(1) A non-refundable $50 application fee payable online by credit card is due at the time of application.

(2) Upon acceptance into the program, a $250 non-refundable deposit payable online by credit card is due within 10 days or less. The exact due date of this deposit will be communicated when student is accepted. Applicants understand that when he/she pays this deposit after being accepted into the program, it is deemed to be a commitment of participation. This deposit is non-refundable under any circumstances.

(3) The remaining balance will be due upon Education Abroad's registration of student into the program. This amount will appear on the student's account and will be payable before the end of the next billing cycle. See UMD's Education Abroad's website for other Refund and Withdrawal rules.

Any scholarship monies awarded by Smith will be credited to the student's account once the charge appears on his/her account. All efforts will be made to have the scholarship monies credited prior to payment due date.