Lerner College Graduate Level (MBA/MS/MA/PhD) Study Abroad

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Graduate Level (MBA/MS/MA/PhD) Study Abroad Opportunity

Central Europe — Two Weeks/6 Credits–June 2-17, 2018

 

Locations:   Krakow (Poland), Budapest (Hungary), & Vienna (Austria)

Theme:  Global Business in the Midst of Economic, Political & Cultural Change

Update September 18, 2017: Applications are now being accepted at this webpage: http://www1.udel.edu/global/studyabroad/information/apply.html.   Note: the university uses the same application process for both graduate and undergraduate study abroad programs. You may see some questions that do not apply to graduate students (such as “do you have parental or guardian permission”).  Answer them as best you can, or write “not applicable.”

Update September 17, 2017:  Information meetings for students who might be interested in participating are being held on Wednesday September 20 and Monday September 25. Meetings are from 5 to 6PM in Lerner Hall room 202 (the conference room in the faculty office area). The meetings are informal.

IMPORTANT NOTICE–NEW DATES FOR 2018:   In 2018, this program operates during the first summer term (two weeks in early June). This is a change from previous years, when it was a winter session program. The program also now visits Krakow (Poland) instead of Prague (Czech Republic).

All Lerner College graduate students, including international students, may apply for this program.  Enrollment is limited to approximately 15 students. International students should be sure to read the information (below) about visa requirements.

 

2014 students in Budapest

2014 students in Budapest

Student comments on this program:

“That trip is still the highlight of my UD life.” (Comment by Jun Muramatsu, participant in the 2016 Central Europe program)

“I would never have guessed that the experiences I gained in [the program] would have paid off so quickly in my professional life. I was asked by a fellow manufacturing leader to review their Supply Chain strategy for a developing market in Europe…. The initial purpose of the meeting was to review the general process of identifying, trailing, and selecting manufacturing partners in Europe…. During the conversation, he asked about what I knew about eastern European manufacturing costs relative to those in western Europe. Well, that opened the door to our recent trip and everything I had learned. We discussed physical and information infrastructure, government and legal issues, labor costs, transportation, duties… nearly the entire range of topics we discussed on our trip. I was AMAZED that I was using this so soon after returning.” (Comment by Greg Ayres, participant in the 2003 Central Europe program)

This page provides an overview of the program, plus information on locations, topics and courses, schedule, costs, application process, and faculty contact information. A separate page (opening in a new window) answers frequently asked questions.

Photos from the Central Europe MBA Study Abroad Program can be seen here. (These are winter session photos; note that the program now runs during the first summer session.)

Who this program is for:  This program is open to all University of Delaware graduate students. Because space sometimes is limited to about 12 students, first priority will be given to graduate students taking classes in the Alfred Lerner College of Business and Economics. In past years, students from various Lerner College graduate programs have taken this program, including MBA, MS International Business, MS Accounting, MS Finance, MS Economics, and others. In addition, students from other UD graduate programs occasionally have taken the program. If you are an MBA student, this study abroad program will give you credit for the required course, BUAD 840, and for an elective in international business. If you are in a different graduate program, check with your advisor as to how the courses provided by the study abroad program will count toward your degree (for example, as electives, or as substitutes for required courses).

2017 at Central European University, Budapest

Important note for all students: You will need a valid passport. Citizens of the USA and Canada do not need a visa. International students should read the next paragraph regarding visa requirements.

Important note for international students: International students at UD are welcome in this program, have often participated in it, and are encouraged to apply. If you are thinking about participating and are in the USA with a visa, please check your USA visa now. Your USA visa must show that you are permitted to make multiple entries into the USA (and not just a single entry). Look for the word “multiple” or the letter M on your visa, where it shows your entry conditions. The European countries will not give you a visa to visit unless you can show them that your USA visa will allow you to go back to the USA; this requires a “multiple entry” USA visa.  If you need to change your USA visa from “single” to “multiple” entry, you must do this from outside the USA (usually from your home country). So if you want to participate in this program in June 2018, you may need to travel home during a 2017 (for example, summer), and while home apply to have your USA visa changed to allow multiple entries to the USA. (Note: there is no guarantee that the USA will give you a multiple entry visa even if you ask for one.) You will need to have your multiple entry USA visa by early 2018, because you need to allow the European countries time to process your visa application for Europe (that is, you will need to be able to show them your USA multiple entry visa by early 2018).  The program director and UD Institute for Global Studies will give you documents needed to get a “Schengen Area” visa for travel to Europe. Getting this visa will require you to make a trip to a consulate during the fall semester (usually the Hungarian consulate in New York City),

2017 in Vienna

Program Overview: This study abroad program consists of six credit-hours of graduate business courses during the summer term (June)  2018:  BUAD 843 (Special Topics in Global Business) and either BUAD 840 (Ethical Issues in the Domestic and Global Business Environments) or BUAD 867 (Ethical, Social & Political Issues in International Business). 

The central European program puts Lerner College graduate students in the midst of major global business challenges:  (1) the ongoing development

2017 dinner with UD & local MBA students

of and tensions within the European Union (such as trade and immigration policy), (2) the opportunities and difficulties facing transition economies (involving topics such as labor market conditions, innovation, corruption, management practices, and business-government relations), and (3) the continuing transitions of the business world in the once centrally-planned economies of the region.  The program brings students face to face with managers, scholars, government experts, and other key decision makers in central Europe, who are both leading and adapting to ongoing change in the business world.

2013 students at Central European University, Budapest

2013 students at Central European University, Budapest

In addition to attending several meetings in Newark, students will spend two weeks in central Europe (visiting Vienna (Austria), Krakow (Poland), Budapest (Hungary)), where they will visit companies, hear business, governmental, and academic guest speakers address topics related to the theme of the program, and enjoy exposure to local cultures and business practices through both group activities and weekend free time for exploring.  The combination of countries we visit provides a very interesting mix on different approaches to business and to economic policy; both the Poland and Hungary are former communist bloc states, but with very different histories and very different approaches to post-communist market development.  Austria provides a well developed market economy comparison point, but one that differs in important ways from Anglo-American market practices and economic

2017 at opera

policies. Contemporary economic problems and opportunities make this a particularly interesting time to visit these countries, due to the effects of multiple recent events (the 2008 financial crisis, mass immigration, etc.).  In addition, the the European Union generally faces multiple challenges, concerning the common currency shared by many countries in Europe, and the economic and political decision making structures of the European Union.

The program includes teaching by faculty from the University of Delaware plus faculty and experts from central European universities, businesses, government agencies, and/or non-governmental organizations.

See the frequently asked questions file for examples of company visits and guest lectures.  Or view photographs from the programs here.

January 2017 day trip to Slovakia from Vienna

There will be preparatory reading, viewing and writing assignments, and also will be individual writing assignments to complete after the travel portion of the program. Program and course information, and course content, will be provided by a mix of meetings on campus in Newark and online. Students who wish to extend their stay in Europe a few days after the two week class travel period may do so.

 Locations:  Budapest, Vienna. Krakow

Cosmopolitan Budapest is one of Europe’s most historically prominent and culturally wonderful cities.  Budapest is among the most popular tourist destination in Europe, and a major center of operations and investment by major western European and North American corporations.  Sitting astride the Danube River, it has been a key city in many important eras of world history.  Budapest sits on the site of the ancient Roman empire city of Aquincum; one can still visit the Roman ruins.  As the Ottoman (Turkish) Empire conquered much of Europe in the 1500s, Budapest became the Ottoman regional capital. Later Budapest became, with Vienna, one of the two key cities of the Habsburg dynasty (i.e., Austro-Hungarian Empire); the Royal Palace is one of the major tourist sights in the city.  More information about Budapest is available from the  Budapest tourist information site.  

Parliament & Danube River, Budapest

Just a three hour ride west from Budapest, Vienna is one of the great capitals of Europe.  Baroque palaces can be found throughout the city, a reminder of its imperial past.  But Vienna’s focus on the arts, culture, and learning has done as much to make it one of the world’s most prominent cities — think Mozart, Beethoven, et al.–and politically it is one of the four United Nations headquarters cities.  Find out more about Vienna from the official tourism site. (In some years the program has been able to spend a day in Bratislava, the capital of Slovakia (about an hour ride east from Vienna).  It is a smaller city than the others, in a country that currently is undergoing more rapid economic and business transition than its neighbors. See more information at the Slovak national tourism website.)

Krakow is the second largest city in Poland, and one of Poland’s oldest and most historic and well preserved cities. It is one of Poland’s key centers of cultural and academic life, and a major economic hub for Poland (Europe’s sixth largest economy, and the largest economy in the eastern part of Europe). See more information, and photos, at the Krakow tourism and business development website.

Other travel opportunities:  Portions of weekends, and some (but not all) evenings, offer free time in each city, but do keep in mind that this is program is for 6 academic credits, and so our weekdays are quite full with learning activities and classes (just as a business trip overseas would be full with non-tourist tasks).  But if you want to travel in Europe before or after the program ends, check rail and air schedules in Europe; it is easy to get from the cities we visit to other European destinations.

2014 students at Ernst & Young

 

Topics & Courses:  Executives need to be adept at recognizing the complexities of global business, and at adapting their companies’ strategies, marketing, finances, and management to different cultures, economic conditions, and political situations.  This is especially true in central Europe today, as the region is undergoing multiple significant changes.  On one side, the ongoing development and expansion of the European Union, in combination with tensions and pressures from the recent global economic problems, confront businesses with new opportunities for growth, as trade barriers dissolve, and new challenges, as the “rules of the game” change and, more recently, as financial stresses put established practices under criticism.  On another side, the gradual incorporation of former centrally planned economies into the global

2017 on train to Budapest

economy offers new opportunities for investment by western companies, but new challenges insofar as the culture and politics of former centrally planned economies is often different from what western European and North American executives are familiar with.  And it provides challenges for local decision makers in these countries, as even the larger economic system they joined in the 1990s now undergoes a series of radical pressures and changes due to the recent financial crisis, competition from other economic regions, mass immigration, the rise of populist nationalism, and other economic, social and political changes and challenges.  

Students take BUAD 843 and either BUAD 840 or BUAD 867.

BUAD 843 (Special Topics in Global Business) focuses on two key topics:  (a) the growth, development, and problems of the European Union, and its implications for doing business in Europe, especially in the context of the recent financial/economic crisis, recession, demographic changes, and other challenges; and (b) the problems and issues that North American and European corporations encounter when they do business in transitional economies such as those of former Communist bloc countries.  Both topics provide excellent case study approaches to understanding more general questions of how changes in the business environment affect the strategy, marketing, and management of global businesses.  The course will involve company and institution visits in central Europe, class meetings in Europe featuring European faculty and guest lecturers, and a few online or on-campus classes in Newark.  Grading and written assignments are the responsibility of Prof. Gary Weaver from the University of Delaware.

BUAD 840 (Ethical Issues in Domestic and Global Business Environments) focuses on how managers effectively address the growing array of ethical, legal, and societal expectations placed on businesses.   Doing this requires a good understanding of both organizational processes and the external political, legal and social environment of business.  But these issues become even more complex in a global, cross-cultural setting.  For example, what is considered a bribe in one culture may be seen as a culturally obligatory courtesy in another; relationships between the business and government worlds may be antagonistic and disconnected in one political system, and deeply integrated in another.  In addition, expectations for good business behavior vary; the European business environment, for example, places a much stronger emphasis on sustainable business practice than does the American business environment, and many observers make clear distinctions between Anglo-American and continental European views of business and its responsibilities.  As in the case of BUAD 843, this course will involve company and/or institution visits in central Europe, meetings with European faculty and/or guest lecturers, and a few online or on-campus classes in Newark.  Prof. Weaver will also be responsible for grading and written assignments for BUAD 840.

The version of BUAD 840 being offered in this program is cross-listed with BUAD 867 (Ethical, Social, and Political Issues in International Business).  This is so students who already have had BUAD 840 on campus (which primarily has a  domestic focus) can also take and receive credit for this program (which will give them a more extensive international perspective on ethical, political and social issues in business).  Students will register for either BUAD 840 or BUAD 867, but not both. If you have not already had BUAD 840, and enroll for this study abroad program, you should enroll under BUAD 840, not BUAD 867.

Relation of the study abroad program to Lerner graduate programs:  There are no prerequisites for either BUAD 840/867 or BUAD 843.  BUAD 840 is the required business ethics course in the MBA, MSIB, and MS Accounting programs. Students in other programs often receive elective credit for it; check with your adviser.  BUAD 843 and 867 can count as electives in MBA or MSIB programs, and often as electives in other Lerner graduate programs.  (Check with your adviser to be sure you will receive credit for it.)

Schedule (tentative):

Spring semester, 2018:  There will be two or three evening meetings during fall semester.  These are to provide students with information on the trip, plan logistical arrangements, and provide an introduction to some of the issues and insights to be considered.

Late May/Early June, 2018:  Online and/or classroom-based learning (most probably online only) about business, economic, cultural and historical aspects and issues of central Europe.  Detailed information about these activities and assignments will be announced around April 2018. 

Actual travel will be for two weeks in June, 2018, and normally follows a schedule like the following one; also, we often visit Bratislava (capital of Slovakia) as a day excursion from Vienna.

Day 1 (usually a Friday):  Most students will depart the U.S. during the afternoon or evening this day, for next day arrival in the first city. You may leave earlier provided you get to the first city on time, and also complete your pre-travel assignments.

Day 2: arrive city #1.

Days 3, 4, 5, 6:  meetings and activities (including cultural tour) in city #1.

Day 6: travel to city #2 (bus/train or plane, as appropriate)

Days 7-12:  meetings and activities (including cultural tour) in city #2.

Day 12: travel to city #3.

Days 12-16:   meetings and activities (including cultural tour) in city #3.

Day 17 (usually a Sunday): depart city #3 for home.

Cost estimates:

Students will need to pay tuition for 6 credits (two courses), either in-state or out-of-state rates, depending on your status.

In addition to tuition, there is a program fee.  The program fee covers:

all lodging — we will stay at very good quality but reasonably priced full-service hotels (program fee is based on double occupancy; single rooms might be available at extra cost, but this is not a guaranteed option)

breakfast each day

an additional full meal on some weekdays (lunch or dinner, sometimes possibly both)

transportation to company visits

transportation between the cities we visit

group cultural activities (city tours, etc.)

The approximate program fee is $3325, plus or minus a little.  Exact cost estimates fluctuate with the value of the dollar, plus changes in local costs. The program fee estimate will become more exact later in the year.

IMPORTANT NOTE:  The program fee does not include airfare.  For this program, students will be expected to purchase their own air tickets to and from Europe.  This will allow maximum flexibility for setting your own travel schedule in regard to any extra travel (or for using frequent flier miles, or for combining the program travel with work-related travel).  For the 2017 program airfares were in the range of $880 to $1100, depending on airline, and exact travel dates, and when students bought their tickets.

In addition to the program fee, you should allow at least $35 to $40 per day for additional expenses, and more if you’re a “big spender.”  This should be enough to cover basic meals that are not included in the program fee, plus some bus or transit fares you might need.  This additional amount, of course, might be higher or lower, depending on your interest in more expensive activities (e.g., entertainment, nice restaurants, extra travel, etc.) or, alternatively, simple, cheap food. 

Almost all reading materials for the classes are available online at no charge for University of Delaware students (via the university library’s online databases). Typical cost for reading materials are about eight dollars.

Important visa information: You do not need a visa to enter the European countries if you are a citizen of the USA, Canada, Mexico, UK, most European nations, Japan, Taiwan, many (but not all) South and Central American nations, Australia, New Zealand, and a few other countries. If you are in the USA on a student visa, your USA visa must allow for multiple entries to the USA (typically your visa will show a letter M for multiple entries, or else say “multiple”). The central European countries we visit will not give you an entry visa unless you can show them that your USA visa will allow you to return to the USA. If your USA visa is only for a single entry, you would need to return to your home country and try to get a multiple-entry USA visa, and then apply for a visa to enter the European countries. You cannot apply to change your USA visa to multiple-entry permission while you are in the USA; you must do this at a USA embassy or consulate outside the United States.

Application process:  The program usually is limited to approximately 12 to 15 students, although sometimes we are able to raise this number slightly. Visit the University of Delaware Institute  for Global Studies for the online application process and forms, and to get additional information on the program. Apply hereAll else being equal, it is to your advantage to apply early; later applicants risk being put on a waiting list.  Applications will be accepted until mid November, 2017. Acceptances will be announced in December, 2017.

Please note that the online application forms are standard forms used by both undergraduate and graduate programs.  Some of the questions (e.g., parental/guardian permission, staying with a host family) might not be directly relevant to this graduate-level study abroad program that uses hotels for lodging.  Answer them as best you can.  Also, please be sure you apply for the program called “MBA/MS Europe” and not an undergraduate Europe program; the graduate level central Europe program is titled “MBA/MS Europe”.

Click here for frequently asked questions.  

For other questions, contact program director Prof. Gary Weaver at 302-831-4568, or by email at gweaver “at symbol” udel.edu.