Doing Business in Germany and Italy: European Entrepreneurship

Doing Business in Germany and Italy: European Entrepreneurship (3 Credits)

Program Dates

TBD. Approximately 10 days in late May 2015, just after graduation.


Munich, Germany and Milan, Italy with side trips from both locations


Oliver Schlake

Program Fee

Approximately $2,950


Up to $2,000 for all Smith School students.


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.

This course will give a real-life insight in the entrepreneurial and business culture of Germany and Italy. Students will have the opportunity to experience two distinctively different European cultures on this course.

In Milan we will visit a range of companies and start-ups as well as explore the city’s rich culture and architecture. Munich, the capital of the state of Bavaria, is of course known for Oktoberfest, which attracts people from around the globe. But Munich is also the entrepreneurial hotbed of Germany. We have visits planned to the BMW production facility and we will meet with German entrepreneurship students of the Technical University of Munich for an interactive workshop, Last year’s session was considered by most students the highlight of the course. As part of the business visits we have scheduled time at the Bavarian Economic Development agency to explore how US companies do business in Germany. Among others, Microsoft chose Munich as its European headquarters.

Of course, we will have time to explore Munich and the beautiful Alps in the south. There is an option to visit the world-famous castle of Neuschwanstein, the inspiration for Walt Disney’s Cinderella Castle. The time in Munich will end with a farewell dinner at the Hofbraeuhaus, the most traditional German meeting place.

Dr. Schlake grew up in Germany, so there will be many opportunities for true insider tips on what to do while in Munich – including recommendations for delicious German cuisine.

What else do you need to know?

EXACT PROGRAM DATES TBD. Once accepted, 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.

COURSE PROGRAM FEE (Approximately $2,950) includes UMD tuition for 3 credits; lodging in a shared hotel room; on-site support and orientation; costs for any mandatory academic and cultural excursions and/or activities; some group meals; professor and partner fees; UM Education Abroad services; International health insurance, including medical evacuation and repatriation of remains coverage. SCHOLARSHIPS UP TOP $2,000 FOR SMITH STUDENTS ARE AVAILABLE.

Not included: personal expenses, most 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.