Global Initiatives

Special Topics in Accounting

BMGT 428D: Special Topics in Accounting:
England, Italy, NYC, and DC: Accounting’s Future, Present, and Past (3 Credits)

Program Dates

January 5-22, 2014

Destinations

New York, London, Tuscany region in Italy, Washington DC

Faculty

Jim McKinney

Program Fee

$3,750  (Includes 16 nights lodging, flight from London to Florence, Education Abroad Fee, plus more). SCHOLARSHIPS AVAILABLE.

Application

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.

APPLICATION & $500 PROVOST SCHOLARSHIP DEADLINES EXTENDED TO OCTOBER 15, 2013.

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.

Structure of the Course

Accounting related site visits in New York City

Dates: Travel from DC to NYC (Sunday, 1/5/2014). Site visits (Monday thru Thursday 1/6/2014-1/9/2014). Travel to and from NYC will be student arranged. Exact travel dates may vary slightly.

Site visits: US Headquarters of Deloitte, EY, KPMG, and PwC; American Institute of Certified Public Accountants; Financial Accounting Foundation and Financial Accounting Standards Board; International Auditing and Assurance Standards Board and International Federation of Accountants; and NYSE Euronext

Accounting related site visits in London, UK

Dates: Travel from NYC to London (Friday thru Saturday 1/10/2014-1/11/2014). Site visits (Monday thru Wednesday 1/13/2014-1/15/2014)

Site visits: IFRS Foundation and International Accounting Standards Board; Institute of Charted Accountants of England and Wales; London Stock Exchange; Global Headquarters of PwC and EY

Accounting related site visits in the Tuscany region of Italy

Dates: Travel from London to Florence (Friday 1/17/2014). Site visits (Monday thru Tuesday 1/20/2104-1/21/2014) Travel from Florence to the DC (or optionally NYC) area (1/22/2014)

Site visits: Birthplace and of Luca Pacioli (Sansepolcro) considered the father of double-entry bookkeeping

After start of Spring 2014 Term

Accounting related site visits in Washington DC

Timing: Afternoons on first three Fridays of the regular Spring term (i.e., Friday, January 30, 2014, Friday, February 7, 2014, and Friday, February 14, 2014)

Site visits: U.S. Securities and Exchange Commission, U.S. Public Company Accounting Oversight Board, Center for Audit Quality, U.S. Government Accountability Office

Credit and grades will be awarded after the completion of these last three days of site visits as well as previously completed work.

What else do you need to know?

EXACT PROGRAM DATES will be determined (if not already set) after the course is confirmed by the Office of Global Initiatives. 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.

THE COURSE PROGRAM FEE 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.

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.

Doing Business in Africa

Doing Business in Africa: The Social Entrepreneurship Ecosystem of Ghana (3 Credits)

COURSE CANCELLED DUE TO LOW APPLICATION NUMBERS

Program Dates January 4, 2014 – January 12, 2014.  First paid hotel night in Accra is Saturday, January 4th.  Last scheduled course activity is Sunday, January 12th.
Destinations Accra and Kumasi, Ghana
Program Lead Bryan Stroube.  Offered in coordination with the Center for Social Value Creation.
Program Fee $3000. SCHOLARSHIPS AVAILABLE.

Ghana

This course will provide an immersive exploration of social entrepreneurship and business in Ghana, from small microenterprises to large corporations. It will investigate how connections between actors in different spheres of society can both promote and hinder economic and social value creation. Along the way, students will develop tools for observing and analyzing economic behavior in unfamiliar markets.

Ghana has evolved into a solid economy with a fertile environment for social entrepreneurs. Accra and the surrounding areas are booming with entrepreneurial life. The course will explore the role and impact of social entrepreneurship in shaping development and investment in both urban and rural settings. Students will spend time in Accra, Kumasi, and a village in the Ashanti region. Students will shadow micro-entrepreneurs for a few days and live in home stays (two students per home stay). After gaining a better sense of the culture, challenges, and opportunities surrounding their Ghanaian colleagues, everyone will participate in a joint workshop. Students will then travel back to Accra to round out business visits and build an understanding of the broader entrepreneurial ecosystem. A factory visit is possible. From CSR activities in large corporations to localized initiatives geared toward local economic growth, the course will cover multiple facets of social value creation in business across this great and unique country.

Through a programmatic partnership with the Robert H. Smith Center for Social Value Creation and ThinkImpact, participants will be able to explore the country of Ghana and the field of social entrepreneurship through a lens of empathy, opportunity, and action. Through ThinkImpact’s in-country partnerships, participants will build relationships with Ghanaians, from micro-entrepreneurs to CEOs, and deepen their understanding of culture and markets in economic development.

GhanaThe course will help students to:

  • Develop a generalized framework for thinking about when, where, and why entrepreneurship occurs
  • Develop practical tools and skills for the observation and analysis of unfamiliar economic behavior and market structures
  • Understand contemporary debates in economic development (e.g., the involvement of China in Africa)
  • Understand the basics of impact evaluations, and what is required to establish “proof” that a program, policy, or strategy works on the ground

What else do you need to know?

EXACT PROGRAM DATES will be determined (if not already set) after the course is confirmed by the Office of Global Initiatives. 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.

THE COURSE PROGRAM FEE 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.

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.

BMGT469M: Doing Business in Singapore and Malaysia (3 Credits)

Program Dates

January 2014

Destinations

Singapore & Malaysia

Faculty

Dr. Mark Wellman

Program Fee

Likely to be $2350

Application

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.
NOTE 2: PRIORITY APPLICATION DEADLINE FOR THIS COURSE IS JULY 1, 2013. Applications that are complete by that date will be reviewed early, and notifications will be sent on or after July 8.

Note

Read about 2012's January course.

To many students, Singapore is a small dot on the world map. To those who look for models of success in public policy, business, education, community development, crime control and urban planning, Singapore is a role model. In less than 50 years, Singapore transformed from a tiny port on the southern edge of Malaysia into one of the most developed Southeast Asian nations.

Singapore and Malaysia Collage

This course provides a general understanding of doing business in Singapore with a focus on innovation. The course will also cover culture, history, government, economic development, and social development. A previous course to Singapore and Malaysia included visits to the Port of Singapore and the world’s largest container terminal hub, Singapore ExxonMobil plant (the world’s largest integrated chemical and oil plant in the world), Discovery Communications, Novartis, Hewlett Packard, Housing Development Board, the Petronas Towers, Accenture, FedEx, Tiger Brewery, Royal Selangor, the Singapore Economic Development Board, the Batu Caves and Kampung Morten.

Most of the time will be spent in Singapore with a shorter excursion into Malaysia. Students are expected to attend pre-departure meetings and complete the required readings prior to departure. The course has a comprehensive set of readings required of all participants regardless of course registration. This course can be used to meet the advanced studies core University requirement.

The global immersion experiences are three-credit courses and typically meet degree requirements (advanced studies requirement of the University, BMGT major requirements, electives, etc,). Some courses may be eligible to fulfill major-specific requirements (confirm with your Smith School academic advisor). Students are expected to attend pre-departure meetings and complete the required readings prior to departure. The course has a comprehensive set of readings required of all participants regardless of course registration. Additional readings are assigned based on type of course registration. Mandatory pre-departure meetings will be scheduled.

What else do you need to know? 

EXACT PROGRAM DATES will be determined (if not already set) after the course is confirmed by the Office of Global Initiatives. 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.

THE COURSE PROGRAM FEE 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.

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.

BMGT438Q: Doing Business in China (3 Credits)

THIS COURSE IS OPEN TO STUDENTS IN QUEST ONLY.

Program Dates

January 2-11, 2015.
First paid hotel night in Hong Kong is Friday, January 2. Last paid hotel night in Guangzhou is Saturday, January 10.

Destinations

Hong Kong, Guangzhou, and surrounding areas

Faculty

David Ashley

Program Fee

Approximately $2,750. Scholarships available!

Application

Complete Online Application. APPLICATION & SCHOLARSHIP DEADLINE IS OCTOBER 1st.
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.

China Global Study CourseThe People's Republic of China (PRC) is the world's second largest economy after the United States. It is the world's fastest-growing major economy and the engine of this economic powerhouse is found in southeast China. This course will give QUEST students the chance to examine first-hand the manufacturing, consulting and design firms of this area, with particular attention paid to the use of systems thinking and strategies designed to improve production quality.

The course will start in Hong Kong with its incredible skyline and natural harbor. Our visit there will teach us about the growing global economic power of China and better understand its role in global business as well as how and why the Chinese government has allowed this former British colony to thrive economically with minimal intervention. We will then travel to Guangzhou and explore the third largest city in China.

Multiple business visits will take place in this course focusing on the above areas. There will also be scheduled cultural excursions and time to immerse yourself in the culture with the group or on your own.

What else do you need to know?

EXACT PROGRAM DATES (January 2-11, 2015). 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 ($2,750) includes UMD tuition for 3 credits; lodging in a shared hotel room; transportation from Hong Kong to Guangzhou; on-site support and orientation; costs for any mandatory academic and cultural excursions and/or activities; some 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, 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.

Universita Comerciale Luigi Bocconi - Milan, Italy

Milan

Bocconi University is considered the leading university in Business and Economics in Italy and its School of Management has been ranked 11th in Europe and 31st worldwide according to the Financial Times MBA Ranking 2014. Bocconi is a full-fledged urban campus that comprises an entire city neighborhood. 

Academics

Work Opportunities

Housing

Bocconi offers over 40 business courses taught in English each semester. Exchange students with proficiency can also take courses in Italian.

Placement office is available to exchange students and they will work with you on securing a work permit for a post-semester internship.

Bocconi has a designated residence for exchange students located off-campus. Many students choose to find private housing.

For more information, visit Bocconi’s exchange program website.

What Smith students have to say about Bocconi: Charles Warshaw

“It was just incredible. The people you meet are great; I think that you have something in common to begin with, that you’re all in business school and all they type of personality that’s willing to take the risk of going to live abroad for a semester. It’s expensive to get to your host country, but then once you’re there it’s easy and inexpensive to travel – there are student discounts everywhere, cheap buses, trains and flights.”

- Charles Warshaw, Class of 2010

Chris Laidley

"Overall, Bocconi was the best experience of my life. The city and the way the schools work were very different, so I learned a lot. All the students lived together which was great for meeting other Italian and international students. I made a lot of great friends, and I even hang out with the other Maryland students now that we're back. I also traveled a lot to other countries in Europe, traveling by plane or train was easy and cheap. My experience at Bocconi was unbelievable and I wouldn't change anything--the city the school and the people were perfect."

- Chris Laidley, Class of 2010

WHU - Otto Beisheim School of Management

Koblenz, Germany

Vallendar, Germany

WHU is considered the preeminent business school in Germany. WHU has a strong interest in international business, as well as corporate responsibility. It is a small school, with about 600 students and the classroom dynamic is lively and interactive. Vallendar, outside of larger Koblenz, is a small town located on the Rhine and Mosel rivers, about 1 hour west of Frankfurt.

Academics

Work Opportunities

Housing

WHU offers 15-20 business courses taught in English each semester.

The placement office is available to exchange students and they will work with you on securing a work permit for a post-semester internship.

Students can choose from dorm-style accommodations where they live with other exchange students or make arrangements on their own for a private apartment or flat.

 For more information, visit WHU’s exchange program website.

SKEMA Business School - Sophia Antipolis, France

France

SKEMA is one of our global partners in the Global Technology and Management Consortium, a group of 5 leading universities around the world focused on technology. Located in the French Riviera, SKEMA is close to many highly regarded technology enterprises. This is generally a graduate exchange, but undergraduates interested in attending this school for a semester will be able to do so.

Academics

Work Opportunities

Housing

SKEMA offers 20-25 business courses taught in English each semester.

Exchange students are eligible to work part-time in a non-paid internship while taking classes.

Exchange students can choose from on-campus apartments or private accommodations in nearby Haut Sartoux or Antibes. The Housing office assists with exploring these options and roommate matching.

For more information, visit SKEMA’s exchange program website.

What Smith Students have to say about SKEMA:

Alison Willman

 “The faculty at SKEMA contributed real-world knowledge to the classroom. We learned how to do trading in the European systems as well as American. Study abroad was invaluable; many of the professors were leaders in their field and I feel better qualified as a finance major as a result.”

- Alison Willman, Class of 2010

Copenhagen Business School - Copenhagen, Denmark

Copenhagen

Copenhagen Business School (CBS) is a private educational institution established in 1917 by the Danish Society for the Advancement of Business Education. CBS has around 15,000 students and an annual intake of around 1,000 exchange students. With this number of students as well as around 400 full-time researchers and around 500 administrative employees, CBS is one of the three largest business schools in Northern Europe.

Academics

Work Opportunities

Housing

CBS offers over 100 courses taught in English each semester. Exchange students participate in a “crash course” prior to the semester designed to orient them to the language and culture of Denmark.

Exchange students are eligible to work part-time up to 15 hours per week. However, students are forewarned that jobs in Denmark are scarce.

Students can choose from dorm-style accommodations where they live with other exchange students or make arrangements on their own for a private apartment or flat.

For more information, visit CBS’s exchange program website.

What Smith students have to say about Copenhagen:

"I had the time of my life, living with people from about 20 different countries. It was a great chance to network, to meet people from other cultures, and to know about different lifestyles. Their exchange crew was VERY, VERY good... we had the most amazing introduction week and got to make good friends with the Danes and also other exchange students. Their international office was also very helpful in addressing all of our concerns. However, their study system was a little hard to get used to."

- Smith Student, Class of 2007

Vienna University of Economics and Business

Vienna

Vienna, Austria

With about 20,000 students from Austria and abroad, Vienna University of Economics and Business (known in German as Wirtschaftsuniversität Wien, or WU) is the EU’s largest educational institution for business and economics, business law, and social sciences. The Financial Times has ranked WU among Europe's Top 50 Business Schools. Its wide range of courses as well as the international orientation of its teaching and research have made WU a renowned center of knowledge in many key fields of business and economics.

Academics

Buddy Program

Housing

Vienna University offers over 100 courses taught in English each semester. Proficient speakers may also take courses in German. WU also offers intensive German language courses to assist with living in Austria.

Exchange students are assigned a “host” student who acts as a local guide to answer questions and help orient them to the city.

Students can choose from dorm-style accommodations where they live with other exchange students and local students or make arrangements on their own for a private apartment or flat.

For more information, visit WU’s exchange program website.

What Smith students have to say about Vienna:

Sean Moore in Vienna“I wouldn’t trade my semester abroad for anything. Even if you have to take a loan for just this semester, then I definitely recommend doing it. Employers I’ve talked to, especially some US Federal agencies, like to see that I took the initiative to live abroad and that I have that cross-cultural experience. They have commented that it’s a great add to my resume. Some have also commented that just knowing that much more German from living in Vienna is very valuable and they have encouraged me to add that to my resume.”

- Sean Moore, Class of 2010

 

Karena Miller and Erika Kale in Vienna“Vienna University is the perfect mix of everything. The classes are good, there’s time to travel, and the city is awesome. You’re immersed with people from all cultures. You’re not at a university abroad with a group of other Americans, you’re challenged in the classroom by people from all over the world and you get a chance to understand how others view the US. If you’re worried about not speaking the language, don’t be – everyone speaks English really well in Vienna.”

- Karena Miller and Erika Kale, Class of 2010

RMIT - Melbourne, Australia

Melbourne

Formerly Royal Melbourne Institute of Technology, RMIT commenced operations in 1887. Since then, the university has grown to become one of the largest in Australia and has built a worldwide reputation for excellence in vocational and technical education and research. RMIT is Australia's most international and culturally diverse university. It is an urban university with about 57,000 students total, and the business school is located a few blocks from other university buildings. Australia is the most popular choice among our undergraduate students.

Academics

Work Opportunities

Housing

Since all courses are in English, hundreds of options are available. RMIT offers numerous courses each semester in business. Courses available in Australian culture and society.

Exchange students can work up to 20 hours per week while in school. Students are responsible for finding their own jobs but assistance is available.

As an urban campus, RMIT does not offer on-campus housing. However, a variety of options are available including: apartments, student hostels, and homestays.

For more information, visit RMIT’s exchange program website.

What Smith students have to say about RMIT:

“Deciding to study abroad is by far the best decision I have ever made in my life. The moment I stepped off of the plane in Melbourne I knew that I would be having the time of my life and that a semester abroad is far too short. The best part was that the locals were more then happy to teach me about their culture and consider me their 'mate.' Till this day I cannot stop thinking about my incredible opportunity there and I highly urge everyone to take a risk and go somewhere unfamiliar. Not only did I learn so much about the country, but I learned a lot about myself. Australia gave me a chance to see my world very differently and I would give anything to go back to the land down under.

- Smith Student, Class of 2006

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