The newsletter of the Robert H. Smith MBA/MS Program

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What Will You Learn from a Semester Abroad?

By Richard Keith, MBA/MS Candidate 2002

I recently spoke with two MBA students who participated in exchange programs, in order to gain an understanding of the benefits of spending a semester abroad. Last fall - Bonnie Basener, from the Smith School, studied at the Manchester Business School, and Thomas Soelberg, from the Copenhagen Business School in Denmark, spent the semester here at the Smith School. Here is what they had to say:

Why Study Abroad?

Bonnie believes that there is no better way to meet people and learn about a different culture than spending a semester abroad. As a tourist you are limited by how much you can learn about a country and its culture. Exchange programs allow MBAs to gain valuable international experience without interrupting their studies.

Thomas and his fellow Danish exchange students were attracted to the Smith School because of the strength of our finance, e-commerce, and entrepreneurship offerings. He was particularly attracted to the large number of finance electives, which he believes have prepared him well for a corporate finance or investment banking position in Denmark.

How Are Classes Different?

Classes at the Manchester Business School meet from 9:00am to 12:30pm, 1:30pm to 5pm, or 9am to 5pm, with an hour break for lunch. Students receive one credit (equivalent to 3 credits at Smith) for the three and a half hour sessions and two credits (equivalent to 6 credits) for the all-day classes. This allowed Bonnie to schedule all of her classes on Tuesdays and Wednesdays, leaving plenty of free time to explore Scotland, Wales, London, and the rest of the United Kingdom.

Classes at the Copenhagen School of Business primarily consist of lectures and exams and lack the group projects found at the Smith School. Thomas found participating in group projects extremely valuable as they provided him with new perspectives on problem solving.

How Will Studying Abroad Affect your Career Search?

As you might expect, Bonnie found it challenging to manage her job search from Manchester. Although she found that many prospective employers viewed her international experience positively, she faced the same challenges as other Smith students - fewer and a poor economy. Prior to making a decision to study abroad, Bonnie spoke with several exchange program alumni, who informed her that they were able to stay in contact with prospective employers using e-mail and SOURCE.

Thomas admits that he did not suffer from the "career stress" that he saw in Smith students. MBAs in Denmark typically begin graduate school directly after receiving their undergraduate degrees and work part-time. Often their part-time positions lead to permanent employment.

What would you tell students who were considering studying abroad?

Bonnie says, "Go for it. It is so much fun. You meet so many new and exciting people…just don't expect the culture to be anything like what you experience in the United States, even in Britain."

Thomas highly recommends studying abroad and believes Smith School students would enjoy taking classes in strategy, international business, and marketing, with the world-renowned faculty at Copenhagen.

Reasons to Study Abroad

Bonnie and Thomas both recommend participating in exchange programs, listing the following key benefits:

1. Gain international experience
2. Travel abroad
3. Experience a new culture,
4. Meet new and exciting people
5. Learn new ways to solve problems

For more information about the MBA Exchange programs offered by the Center for Global Business, visit Center's web site at http://www.rhsmith.umd.edu/global or contact Victor Betancourt at vbetanco@rhsmith.umd.edu.

Back to April 2002 Issue