Global Initiatives

Vietnam and Hong Kong

BMGT438Q: Saigon and Hong Kong:  From Emergent to Developed – A Mix of Markets

Program Dates January 6 – January 17, 2016. First paid hotel night in Saigon is Thursday, January 7. Last paid hotel night in Hong Kong is Saturday, January 16.
Destinations Saigon, Vietnam and Hong Kong
Faculty David Ashley, faculty lead and Pamela Armstrong, faculty program assistant
Program Fee $2800-$3400 (final cost tba) 
Scholarships Details about scholarships will be available in September. Please visit the financing study abroad page for information.
Application Application deadline is October 1, 2015. Application details at: www.myea.umd.edu.
Note: Admission of students with complete applications is on a competitive basis but rolling admission and application review will take place prior to the "last day to apply" date. Admissions notifications will be sent on or after the decision date. Upon submission of your application, please send an email to jmckinney@rhsmith.umd.edu at the same time.

From a recent Wall Street Journal article:
““The next decade will be incredibly interesting… This could be what I call Vietnam’s golden hour,”  says Henry Nguyen one of the best-known business figures in Vietnam…. Foreign direct investment to Vietnam rose nearly fivefold between 2005 and 2013, while inflows to China expanded 1.7 times, according to data from the United Nations Conference on Trade and Development. One of the three Samsung smartphone plants here is the company’s largest anywhere in the world….AT Kearney, in a recent report, noted that Internet penetration rates are rising faster in Vietnam than anywhere else in the region. It also has more Internet users—more than 40 million--than anywhere else in Southeast Asia, including Indonesia, which has a population of more than 250 million.”
Read article.

This course will focus on the transition from the emerging economy in Vietnam to the well-developed economy of Hong Kong. Students will compare the differences in culture, business approaches and world economic status and will benefit from interfacing with students and faculty from Saigon University and from Hong Kong University.  These interactions will include a campus tour, an exchange of academic/education practices, and a general discussion of cross cultural differences. Key focal points of the company visits will be financial, marketing, operations, materials sourcing, shipping, and quality related issues. Student teams will develop a product concept for development in Asia bound for the U.S. Market. Student teams will present their projects at the beginning of the spring 2016 semester on campus.

For QUEST students, this course fulfills a core QUEST objective – building multidisciplinary teams (business, engineering, and computer science students) to solve a business issue – in this case – teams that are charged with understanding the global marketplace in the development and delivery of a new product. 

Eligibility

Priority will be given to QUEST upperclassmen students.  Students should have satisfactorily completed BMGT 190 Introduction to Design and Quality prior to start of course.  Other students will only be considered for acceptance as space permits. 

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.

THE COURSE PROGRAM FEE: $2800-$3400 (final cost tba) includes UMD tuition for 3 credits; lodging in a shared accomodation; flight between Vietnam and Hong Kong is expected to be included; transportation in and around Saigon and Hong Kong 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(S) FOR THE COURSE 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 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.

Smith Showcases Global Initiatives

Everything that is global at the University of Maryland’s Robert H. Smith School of Business was on colorful display outside of Van Munching Hall on May 7, 2015, for the first Smith Global Showcase organized by the Office of Global Initiatives (OGI). Hundreds of students, staff and faculty gathered around the table displays to share stories from their undergraduate study abroad experiences this past year, while dozens more detailed the global learning they enjoyed here in College Park.

France & The Netherlands

BMGT498H:  The Business of French and Dutch Design and Culture

Priority Acceptance will be given to Business Honors students.

Program Dates March 11 – March 20, 2016.  First paid hotel night in Paris is Friday, March 11.  Last paid hotel night in Amsterdam is Saturday, March 19, 2016.
Destinations Paris, France and Amsterdam, Netherlands
Faculty Mary Harms Clinical Associate Professor, Marketing, Faculty Lead
Emily Heavin, Program Assistant
Program Fee $2,800 - $3,200 (exact fee tba)
Scholarships Details about scholarships will be available in September. Please visit the financing study abroad page for information.
Application Application deadline is October 1, 2015. Application details at: www.myea.umd.edu.
Business Honors students will receive priority acceptance.  Students of all other majors and classes will be accepted if space allows.
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.
Brochure Download program brochure

 “An important part of any culture is its cuisine.  From Parisian sidewalk cafes to Dutch pancake house, we’ll again an understanding of their heritage through traditional foods.”

This course will allow students to explore the contributions of the French and the Dutch to our world's cultural landscape both historically and in present day.  Paris's reputation for luxury goods dates back many centuries. We'll hear from industry experts on how these fashionable goods have evolved into stealth brands. We'll also explore the significance of the Eiffel Tower during the Industrial Age as well as its iconic status in the marketing of Paris.  Art Deco and Art Nouveau design movements originated in Paris and we'll observe examples of these movements and delve into their significance in products, architecture and fashion in the first half of the 1900's. 

The Golden Age of The Netherlands occurred in the 17th century when the Dutch benefited from a rapidly expanding trade network. We'll look at the economic and cultural impact of the Dutch East and West Indies Companies as well as the region's waterways on that period along with the emergence of the Dutch bourgeoisie and their nurturing of Amsterdam's culture.  Currently Dutch design has distinguished itself in everyday items by creating aesthetically pleasing, highly utilitarian products with a minimalistic look. We'll explore how the Dutch look has morphed through the centuries from Delft ceramics to modern-day furniture. Recently, Amsterdam has been cited as one of the most creative cities in the world. 

This course will provide students with in-depth understanding and appreciation of the arena of global design, innovation and marketing and their economic symbiotic interrelationship, by exposing students to world-class practitioners of design and marketing, the environments they have created, the industries they have influenced and the products they have invented. 

We will be visiting design and marketing firms, museums, and retail shops to learn from practitioners. In addition, we'll explore how culture and the business environment have been defined in France and The Netherlands with a sincere appreciation for stellar design.

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. 

THE COURSE PROGRAM FEE $$2,800 - $3,200 (approximately-final cost tba) includes UMD tuition for 3 credits; shared accommodation for 9 nights, in-country ground transportation, transportation between Paris and Amsterdam via high speed train;  some group meals, business visits, applied learning component, and costs for any other mandatory academic and cultural excursions and/or activities; 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: international airfare, visa processing if applicable, most meals, and personal expenses, and optional trip insurance. Students are responsible for obtaining and paying for their own visa and/or entry fee where applicable.

PAYMENT FOR APPLICATION & 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 program fee 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 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.

Brazil

Doing Business in Brazil: A Look at a Growing Economy

ALL MAJORS WELCOME. OPEN TO FRESHMEN THROUGH SENIORS.

Program Dates January 3-10, 2016.  First paid hotel night in Sao Paolo is Sunday, January 3 and the last paid hotel night in Rio de Janiero is Saturday, January 9.
Destinations Sao Paolo and Rio de Janiero, Brazil
Faculty Professors Susan White and Karen Hallows
Program Fee $3,000 - $3,500 approximately, final program fee TBD
Scholarships Details about scholarships will be available in September. Please visit the financing study abroad page for information.
Application Application deadline is October 1, 2015. Application details at: www.myea.umd.edu.
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.
WHILE THE FOCUS IS ON FINANCE AND ECONOMICS, ALL MAJORS ARE WELCOME.

This 3-credit course will explore business in Brazil from an economic and financial standpoint. Students will compare business in Brazil to business in the U.S. primarily through research on economic and financial factors.  Students will meet with top government officials, senior executives and industry experts during visits to a variety of businesses – in differing industries, U.S. companies doing business in Brazil, local and global Brazilian companies and financial institutions.   These visits will provide students with a better understanding of market entry strategies, government procedures, business practices and specific business opportunities in Brazil, skills which are transferable to doing business in a variety of locations around the world.  Substantive presentations in Brazil would give students an understanding of differing views on topics such as international financial arrangements, trade policies, taxation and government spending policies, government subsidies, and demographic and labor market issues including immigration. 

Experiencing the complexity of the culture and appreciating the beauty of the natural countryside is an integral part of having a understanding Brazil, the largest and most populous country in South America.  To enhance the immersion experience, there is a planned visit to Christ the Redeemer Statue in Rio, one of the 7 new wonders of the world and a tour and picnic in Ibirapuera Park in Sao Paolo, among other experiential opportunities.

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. Details for an optional group flight from Dulles International Airport to Cape Town will be made available asap. Each student will, however, be responsible for payment in full of their own flight. 

THE COURSE PROGRAM FEE: $3,000-$3,500 (approximately-final cost tba)  includes UMD tuition for 3 credits; shared accommodation for 7 nights, in-country ground transportation, transportation between Sao Paolo and Rio de Janiero; most group meals, business visits, applied learning component, and costs for any other mandatory academic and cultural excursions and/or activities; 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: international airfare, visa processing if applicable, most meals, and personal expenses, and optional trip insurance. Students are responsible for obtaining and paying for their own visa and/or entry fee where applicable.

PAYMENT(S) FOR THE COURSE 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 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.

United Kingdom - Belgium - New York - Washington, DC

BMGT 428D ‐ Accounting's Future, Present, and Past (UK, Belgium, NYC, DC)

Program Dates January 3, 2016 thru January 21, 2016
-Arrive in NYC: Sunday, January 3, 2016;
-Depart NYC on Friday, January 8, 2016 and arrive in London on Saturday, January 9, 2016
-Depart London and arrive in Brussels on Saturday January 16, 2016 by train
-Depart Brussels to return to USA on Thursday January 21, 2016
Destinations London, UK, Brussels, Belgium, New York, NY, Washington, DC
Faculty James McKinney
Program Fee $3,750 approximately, final program fee TBD
Scholarships Details about scholarships will be available in September. Please visit the financing study abroad page for information.
Application Application deadline is October 1, 2015. Application details at: www.myea.umd.edu.
Note: Admission of students with complete applications is on a competitive basis but rolling admission and application review will take place prior to the "last day to apply" date. Admissions notifications will be sent on or after the decision date. Upon submission of your application, please send an email to jmckinney@rhsmith.umd.edu at the same time.

Course Description

This course will explore current topical themes in accounting in the United States and abroad as well as look at historic foundations of accounting that brought us to this point. A large part of the course would include visits to sites that are significant to the development of the accounting profession and offices of accounting thought leaders. The course will explore histories behind the institutions and the how to research accounting and auditing pronouncements and publications developed by these same institutions. Students will gain experience working with professional accounting and auditing research databases as well as other databases that are useful for accounting and auditing research. The course is structured in anticipation of meeting the New York State accounting research requirement for the CPA Exam. This course will count as an accounting elective for degree requirements for students majoring in accounting.

"In addition to the educational benefits, I view this course as an employment vehicle - with all of our New York and DC large accounting firm recruiters being made aware of the participants and at times interacting with them. The organizations and persons we will meet with, affect virtually every professional accountant in the US and most accountants overseas and affect almost all large multinational corporations. The organizations they will visit will be integral to their lives as professional accountants and will only increase in importance to them as they progress through their careers. Students will be able to compare the professional and educational careers of professional accountants in the US, UK, and Belgium. Students will gain experience working with professional accounting and auditing research databases as well as other databases that are useful for accounting and auditing research." - Jim McKinney, Course Leader

Eligibility

This course is open to all majors but will primarily benefit accounting majors. This course is accounting focused with almost all visits having an accounting theme. Students must have satisfactorily completed BMGT 220 - Principles of Accounting I prior to start of course.

Target Audience 

  • Undergraduate accounting majors planning to work in the area of accounting and/or auditing.
  • Students desiring an interesting Winter term accounting elective. This course will count as a three credit accounting elective for meeting degree requirements for students majoring in accounting.
  • Students who desire close interaction with the leading accounting firms and close interaction with their recruiters. Though not guaranteed, we are trying to have a member of the OCS staff to be the additional course leader.
  • Students who wish to interact with accounting thought leaders around the world.
  • Accounting undergraduates planning to work in the New York metro area. The course is structured in anticipation of meeting the New York State accounting research requirement for the CPA Exam (though given current ambiguity regarding the regulation it may not be necessary for Maryland accounting majors).
  • Ideally students would be juniors or seniors but it is not a prerequisite (sophomores have completed the course successfully). Students will need to have completed BMGT 220 by the start of the course.

Visits Made in Winter 2014

When this course was taught in 2014 with the course going to Italy instead of Belgium here are some of the accounting thought leaders we met with (in order of visit):

  • Mark Manoff, EY Americas Vice Chair and member of Smith Board of advisors
  • Kim Nielsen, AICPA, Executive Editor - Magazines & Newsletters and Journal of Accountancy
  • Michael Glynn, AICPA, Senior Technical Manager, Audit and Attest Standards
  • Gary Pflugrath, IAASB, Director, Policy and Public Relations
  • Russell G. Golden, FASB, Chairman
  • James L. Kroeker, FASB, Vice Chairman
  • Daryl E. Buck, FASB, Board Member
  • Thomas J. Linsmeier, FASB, Board Member
  • R. Harold Schroeder, FASB, Board Member
  • Marc A. Siegel, FASB, Board Member
  • Peter Timberlake, U.K. Financial Reporting Council, Head of Communications
  • Cindy Fornelli, Center for Audit Quality, Executive Director
  • Jay Hanson, PCAOB, Board Member 

As well as representatives and partners of the Big Four accounting firms in both the London and New York offices and representatives from the AICPA, FASB, IAASB, IASB, ICAEW, SEC, PCAOB, and CAQ. We also met with the New York recruiters for the five accounting firms we visited in the US as well as firm recruiters in the UK.

Academic Visits and Excursions and Travel Planned for Winter 2016

Study in New York City

Study in New York City:

  • Sunday 1/3/2016 - Friday 1/8/2016 Travel (student arranged) from DC to NYC.

Accounting related site visits**:

  • US Headquarters of Deloitte (Global HQ), EY, KPMG, and PwC
  • Local/Regional Accounting Firm: Anchin
  • American Institute of Certified Public Accountants (AICPA - top CPA organization, US non-issuer auditing standard setter, prepare and run CPA exam, publish top accounting publication)
  • Financial Accounting Foundation (FAF) and Financial Accounting Standards Board (FASB-US accounting standard setter)
  • International Auditing and Assurance Standards Board and International Federation of Accountants (IAASB - International auditing standard setter)

Other Business Related Sites:

  • Museum of American Finance
  • Wall Street Tour

**Professional visits listed are planned visits but will need to be arranged

Study in London

Study in London:

  • Saturday 1/9/2016 - Saturday 1/16/2016.
  • Travel (student arranged) leaving NYC on Friday 1/8/2016 arriving in London on Saturday 1/9/2016.

Accounting related site visits**:

  • UK Headquarters of Deloitte, EY (Global HQ), KPMG, and PwC (Global HQ)
  • IFRS Foundation and International Accounting Standards Board (IASB-International accounting standard setter)
  • Institute of Charted Accountants of England and Wales (ICAEW - top organization of chartered accountants, administer charter accountant exams, provide IFRS training)
  • Financial Reporting Council (FRC - UK auditing and accounting standard setter and enforcer)

Other Business Related Sites:

  • London Financial Tour
  • Bank of England Museum

**Professional visits listed are planned visits but will need to be arranged

Study in Brussels

Study in Brussels:

  • Saturday 1/16/2016 - Thursday 1/21/2016.
  • Travel from London to Brussels (course inclusive) on Saturday 1/16/2016;
  • Travel (student arranged) leaving Brussels on Thursday 1/21/2016

Accounting related site visits in Brussels**:

  • Headquarters: BDO (Global HQ) and at least one of the Big 4 offices
  • Federation des Experts Comptables Europeens (FEE - organization representing the European accounting profession)
  • European Financial Reporting Advisory Group (EFRAG - advisor to the European Commission on technical accounting matters)
  • European Commission (devises accounting rules for EU Countries)

**Professional visits listed are planned visits but will need to be arranged

Study in Washington, DC

Study in Washington, DC:

Three Friday afternoons during spring 2016 Term - travel by Metro (student arranged). Accounting related site visits **:

  • U.S. Securities and Exchange Commission (SEC- top US accounting regulator)
  • U.S. Public Company Accounting Oversight Board (PCAOB-top US auditing regulator)
  • Center for Audit Quality (organization represents the largest auditing firms in the US)

**Professional visits listed are planned visits but will need to be arranged

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. Each student will, however, be responsible for payment in full of their own flight.

THE COURSE PROGRAM FEE: $3,750 (approximately-final fee tba - non-refundable flight purchase to and from Europe - again not part of the course fee - are expected to be around $1,200) includes UMD tuition for 3 credits; shared accommodation for 18 nights, in-country ground transportation, transportation between London and Brussels; most group meals, business visits, applied learning component, and costs for any other mandatory academic and cultural excursions and/or activities; 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: international airfare, transportation to New York, transportation to DC visits, visa processing if applicable, most meals, and personal expenses, and optional trip insurance. Students are responsible for obtaining and paying for their own visa and/or entry fee where applicable.

PAYMENT(S) FOR THE COURSE 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 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.

India’s Transition to Market Capitalism and the Evolution of Indian Business

Faculty Professor Kislaya Prasad 
Destination Delhi and Mumbai or Bangalore, India
Relevant career track(s)  Consulting, Marketing, Strategy
Eligibility Open to 2nd and 3rd year full-time and part-time MBA students. No application required to register for AY 15-16.
Estimated costs

Fall 2015: 1 credit of tuition + Program Fee. Program fee covers shared accommodation, in-country ground transportation, some group meals, business visits, applied learning component, and cultural activities for the abroad portion of the program.

Program Fee pending. Will be posted on NetworthSpring 2016: 3 credits of tuition + Education Abroad Fee ($250) + Mandatory International Health Insurance Fee ($39, estimated)

*Not included: international airfare, visa processing if applicable, most meals, personal expenses.

Registration instructions See Networth
Add/drop deadlines October 2; students must email Office of Global Initiatives by to avoid late withdrawal fees.
Credit structure 1 credit earned during Fall semester + 3 credits earned during Spring semester.  Total credits earned = 4 credits.
Dates on campus Tentative: October 4 and December 6, 2015; February 7 and 21, 2016, @ Smith School, College Park campus
Dates abroad January 4 – 12, 2016
Info session TBA
Questions? Contact the Office of Global Initiatives, ogi@rhsmith.umd.edu

This program examines the evolution of the Indian business environment in the years since economic reforms that started in 1991. The post-reform era has been marked by consistent progress, but significant challenges remain.   Although reforms were characterized by liberalization of the economy and a transition to market capitalism, the state still looms large in India.  The one year-old Modi government came to power with the promise to jump-start the economy, in part by further liberalizing the economy.  The Indian experiment provides fascinating insight into the fundamental question of what conditions facilitate economic growth and are conducive to the existence of a vibrant business sector.   

Against this backdrop students will study the experience of a number of sectors of the India economy: (1) Media and entertainment; (2) Manufacturing and supply chain; (3) Information technology; (4) Consumer goods and retailing; (5) Infrastructure development; (6) Financial Sector; and (7) Healthcare and Pharmaceuticals.  Relevant readings will be combined with company visits, and discussions with experts and thought leaders. In addition to understanding the role of the government in industry, students will also gain an understanding of social, political, and cultural determinants of the business environment. They will learn about key trends and forces that will have a significant impact on the fortunes of India industry.

Applied learning component

The applied learning component will have students focus on a specific problem posed by an American business, for which they will need to contextualize their solution based on the understanding developed of forces driving the Indian economy. 

Maryland-based businesses will define a task for student teams to accomplish.  This may involve exploration of market opportunities, formulation of market-entry strategies, sector-specific research etc.  Teams will begin their research before the in-country component, will get the opportunity to do relevant fact-finding when in India, and will be required to make a presentation upon return. 

 

 

Doing Business in Chile (DC Weekend Students Only)

Faculty Dr. Bennet Zelner
Destination Santiago, Chile and surrounding areas
Relevant career track(s)   Consulting; Strategy; Marketing
Eligibility Open to 1st year DC Weekend Students Only. No application required to register for AY 15-16
Estimated costs

Fall 2015: 1 credit of tuition + Program Fee (see Networth for details). Program fee covers shared accommodation, in-country ground transportation, some group meals, business visits, applied learning component, and cultural activities for the abroad portion of the program.

Spring 2016: 3 credits of tuition + Education Abroad Fee ($250) + Mandatory International Health Insurance Fee ($39, estimated)

*Not included: international airfare, airfare between Sao Paulo and Rio de Janeiro, visa processing if applicable, most meals, personal expenses

Registration instructions See Networth
Add/drop deadlines October 2; students must email OGI by October 2 to avoid late withdrawal fees 
Credit structure 1 credit earned during Fall semester + 3 credits earned during Spring semester.  Total credits earned = 4 credits.
Dates on campus Tentative: October 4th, October 18th, other dates TBA
Dates abroad TBA
Info session TBA
Questions? Contact the Office of Global Initiatives, ogi@rhsmith.umd.edu

 

Chile is a beautiful, exciting country renowned for its economic stability in the South American region. It leads South and Latin American nations in competitiveness, quality of life, economic freedom, and boasts a low perception of corruption. Some of Chile's famous exports include grapes, excellent wines, and fine fish. Mining and minerals are also big business in the country. Chile's progressive economic policies mean that the U.S. is a major destination for Chilean products and services. 

Throughout this course students will:

  •  Examine the thoughtful and effective strategies that contribute to the country's wealth.
  • Explore the development and performance of the Chilean economy in a world continuing to undergo rapid globalization.
  • Understand the political and economic history of Chile and its place in the global economy.
  • Focus on Chilean companies and their domestic and global expansion strategies.
  • Consider issues surrounding the political, economic, historical, geographic, and social framework of Chile.

An integrated set of course readings, cultural excursions, and business visits will facilitate the learning described above.

This course will focus on teambuilding and teach leadership skills that can be put into practice in a global business environment. Students will increase their cultural self-awareness and begin to recognize and appreciate culture-specific patterns of difference.

Through experiential learning, students will gain cross-cultural communication skills that will help them navigate the Chilean and other global business environments.

Doing Business in France

Faculty Charles Olson
Destination Paris, France
Relevant career track(s)   Consulting, Strategy, Marketing, Finance, Supply Chain Management 
Eligibility Open to 2nd and 3rd year full-time and part-time MBA students. No application required to register for AY 15-16
Estimated costs

Fall 2015: 1 credit of tuition + Program Fee (see Networth for details). Program fee covers shared accommodation, in-country ground transportation, some group meals, business visits, applied learning component, and cultural activities for the abroad portion of the program.

Spring 2016: 3 credits of tuition + Education Abroad Fee ($250) + Mandatory International Health Insurance Fee ($39, estimated)

Registration instructions See Networth
Add/drop deadlines October 2; students must email OGI by October 2 to avoid late withdrawal fees 
Credit structure 1 credit earned during Fall semester + 3 credits earned during Spring semester.  Total credits earned = 4 credits.
Dates on campus November 8; February 21, May 1 Tentative: October 4th, other dates TBA @ Smith School, College Park campus.  
Dates abroad March 12 to March 20, 2016
Info session TBA
Questions? Contact the Office of Global Initiatives at ogi@rhsmith.umd.edu

This course will bridge the gap between acquiring knowledge of business skills in the classroom and gaining expertise in the economic environment specific to France. By looking at the social, political, and cultural determinants of France’s business environment, students will examine key trends and forces that will have a significant impact on the design of a successful business plan.

Applied learning component

Development of a business plan for a new company that would operate in a major French industry. Industries could include electricity, transportation equipment, wine and fashion, all of which have established infrastructure in France. Other industries are acceptable as well but must receive instructor approval. Plans may be prepared individually or in groups of up to three students.

Skills and knowledge gained 

Throughout this course students will:

  1. Develop knowledge of the French business environment as it applies to a chosen industry or proposed company.
  2. Understand the major growth areas and opportunities in France.
  3. Apply marketing, finance, and strategy concepts to develop a successful business plan in France.
  4. Understand the cultural and institutional differences between France and the US.

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