Go Global with Smith!
Singapore: The Business Hub of Asia
One-credit fall term BUSI788Y & Two-credit winter term BUSI798Y
The Smith School is committed to growing global citizens, and working with our
Centers to promote student understanding of center research and knowledge.
How has Singapore, a tiny island, a colonial outpost with no natural resources
and poverty stricken as recently as 30 years ago, become the business transaction
hub of the world? Consider just a few facts: 50% of the world's goods pass through
its port. Over 7000 multinational corporations have made it their base in Asia.
In 2010 and again in 2011, it was ranked #1 in the world (out of 183 countries studied
by the World Bank Group) in the ease of doing business.
The Singaporean State and the enterprises sector have worked together to mobilize
the most business-friendly environment in the world, a capitalist revolution started
here by the charismatic Prime Minister Lee Kuan Yew that has spread across Asia
to China and India. This study tour will enable students to engage with key government
officials and multinational corporation executives who will give us insights into
the island's success.
We anticipate that our itinerary will include briefings at the Economic Development
Board, the catalytic agent of the revolution; site visits to the incredible port;
and face to face meetings with thought leaders at the regional innovation labs established
by companies like IBM. Finally, we will learn about the Trans Pacific Partnership,
perhaps the largest free trade zone in history, and how Singapore will be a critical
launching pad for business success in Asia over the next decade.
This class has been confirmed and students may go ahead and purchase airfare.
(See above for exact dates). Students are advised by UMD Education Abroad to
purchase refundable airline tickets in case of unforeseen circumstances.
The UMD drop schedule and refund schedule apply for the one-credit BUSI788
course. There is an additional $500 penalty if you drop the course after the
semester start, August 29, 2012.
Passports must be valid at least through July, 2013. No visa is required for
US citizens to travel to Singapore. Students of other nationalities should check
the consular office for visa information and requirements and are responsible
for obtaining it and paying any fees.
The time abroad IS the class and any instances of: being late and therefore
delaying the group, noise in hotel hallways, damage to hotel rooms, hung-over
behavior, sleeping during meetings or public displays of affection will be
frowned upon as it would for any business traveler on meetings or conferences
abroad. You are expected to incorporate professionalism while abroad, and
professionalism is part of your total grade. It is our intent to develop world
citizens and savvy business travelers, and the courses abroad should be
undertaken as serious academic endeavors.