BMGT448P/LASC448P Business in Brazil: A Comparative Study with US Business (3 credits)
|Program Dates||January 8-18, 2017|
|Destinations||Sao Paolo and Rio de Janiero, Brazil|
|Faculty||Professors Susan White and Karen Hallows|
|Program Fee||$2,855* (estimate)
*This estimate is based on the 2016 program fee. Exact program fee is TBA. Fee does not include airfare, visa processing if applicable, most meals, and personal expenses.
|Scholarships||$500 Smith School Scholarships available for 1st time study abroad experience. Please visit the financing study abroad page for information.|
Application deadline is October 1, 2016
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 of Sao Paolo, among other experiential opportunities.
Course is open to freshmen through seniors and all majors are welcome.
What Else Do You Need to Know?
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
Program fee includes UMD tuition for 3 credits; shared accommodation, in-country ground transportation, transportation between Sao Paolo and Rio de Janiero, most meals, business visits, 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, some 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:
- A non-refundable $50 application fee payable online by credit card is due at the time of application.
- 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.
- 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.