|Destination||Dubai, Abu Dhabi, Sharjah|
|Eligibility||Open to 2nd and 3rd year full-time and part-time MBA studentsNo application required to register for AY 2015-16|
Fall 2015: 1 credit of tuition + Program FeeProgram 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 Networth. Spring 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, November 1, and November 22, 2015 and February 7 and February 21, 2016 at the Smith School, College Park campus|
|Dates abroad||January 1 to January 9, 2016|
|Questions?||Contact the Office of Global Initiatives, email@example.com|
The history of the Middle East dates back to thousands of years, and throughout its history the region has been a major center of world affairs and business. In modern times, the Middle East remains a strategic region for world business and a critical player in international relations. The course aims to provide students with a good understanding of doing business in the Middle East, using the United Arab Emirates (UAE) as an example.While significant stocks of oil give the region economic power, several countries have diversified their economies into services, including banking, finance, trade, tourism, and logistics. UAE has a highly developed economy but has suffered, perhaps disproportionately, as the six-year boom came to an abrupt halt in the 2008/9 world economy.The course will provide a window into how a country copes with change, and the opportunities, and challenges in the Arab world at a time when such understanding is increasingly vital. In addition to providing a general understanding of doing business in the Middle East, the course will address management of projects of major size, which have become associated with the UAE in general and Dubai in particular, such as: Burj Khalifa (the world tallest building), The Palm Islands, and Masdar City.
Applied learning component
An important component of the course is a group assignment, where each team (of 3 students) will research a particular economic sector/industry in the UAE, and propose an investment venture. The project report and presentation should be in the form of a proposal or mini-business plan, intended to capture the attention of venture capitalists, for whom, you are pitching your project for funding. The presentations will be evaluated and the business plan will be critiqued by a venture capitalist with extensive experience in the Middle East.
Skills and knowledge gained
The course aims to:
- Prepare students for an increasingly internationally focused workplace.
- Provide hands-on experience of conditions affecting industry and country advancement.
- Put a framework in place for evaluating threats and opportunities present in a country.
- Build cross-cultural competency skills and an initial understanding of some basic language/vocabulary.
- Expose students to the diverse cultures of the Middle East.
- Provide students with a business compass to navigate business opportunities and challenges in the Middle East in general, and the UAE in particular.
- Enable students to expand their network of professional contacts in the government and private sector, which can help them further their careers and introduce new opportunities to US enterprises.