CHINA TRIP DATES: Spring Break - Saturday March 22 - Sunday March 30
- GSM7261G is a one credit independent study course and will be graded Pass/Fail. Credits for this course will count towards graduation requirements.
- Professor: Professor Gary Knight
- Who is Eligible to Apply: Current students of the Willamette University Early Career and Career Change MBA or the MBA for Professionals (prerequisites listed below). As part of the MBA for Life program, graduates of either program are also eligible to apply.
Early Career and Career Change MBA students: Completed or concurrent enrollment in first semester PACE course and in good academic and conduct standing at time of registration for course. Must complete all PACE career management requirements prior to commencing travel.MBA for Professional students: Completed or concurrent enrollment in LEAD and in good academic and conduct standing at time of registration for course. Must complete all LEAD requirements prior to commencing travel.Exchange students and Accelerated MBA students: Completed one semester of Willamette MBA coursework and in good academic and conduct standing.
- Tuition: None for GSM7261G
- Course requires attendance and participation in class sessions prior to the trip. Class Dates will be 3 Saturdays, dates TBD.
- Itinerary: Tentative Itinerary can be viewed here - (subject to change)
Estimated Costs: All inclusive of program fee, airfare, visa and meals on your own - estimate - $4497
- Program Fee: $2557 (includes in country travel and transportation, double occupancy hotel rooms, breakfasts, lunches and 2 dinners). Students wanting a single room will pay an additional fee of $643.
- Airfare: $1500 estimated
- Visa is required: $140 to $220 for tourist visa
- Estimated additional Costs: $300 (including meals not included in program fee etc)
Application Process: Application form
- December 2 - Application Deadline - Required to register for the course - Apply here after logging into Class tools
- December 10 - Deposit required - $1300 ( 50% of program fee). This will confirm your participation (NOTE: Financial Aid can be increased during fall semester to cover the cost of the trip - see Judy O'Neill for details).
- January 15 - Final Deposit required - (second-half of program fee due)
Refund Policy: There will be no refunds within 90 days of the official program start date due to policies and procedures with our international partners.
Passport and Visa Information: Start this process no later than 90 days ahead.
- Valid passport is required
- Valid Visa is required. Cost is $140 for US citizens. Fees may vary for students from other countries. US students can get information here - http://travel.state.gov/travel/cis_pa_tw/cis/cis_1089.html. For a fee, you can also use a service called Travisa which will help you get your passport and visa. Information on what you need for China and their application here.
COURSE DESCRIPTION AND RATIONALE
This is a one-credit course that includes an international study trip to China in March 2014. The trip includes visits to numerous companies and other organizations in Shanghai and Beijing. In this course we study (i) fundamentals of international business, (ii) the environments and challenges of emerging markets, (iii) strategies and operations for succeeding in emerging markets, and (iv) specific aspects of business in China.
China is the most populous country, with 1.35 billion people, about 20 percent of the world. The country has evolved to superpower status in economic, military, and geopolitical terms. China is the world's second-largest economy and the biggest importer and exporter. In the past decade, China’s economy grew about seven times faster than that of the United States (316% versus 43%). The country’s $6,000 per-capita GDP implies that many Chinese remain in poverty. But China’s middle class now numbers some 300 million people (equivalent to US total population), most with incomes more than $15,000 per year. China's retail market is massive and growing rapidly. The country recently became the world’s largest market for automobiles, beer, and luxury goods. China is also an important destination for global sourcing and low-cost manufacturing. Rapid industrialization has brought unintended consequences, including considerable air and water pollution. China’s civilization dates back some 8,000 years. The Chinese invented printing, paper, gunpowder, the compass, and numerous other innovations. Mandarin Chinese is spoken by nearly 1 billion of China's people, more than any other language worldwide. Today, about 140,000 Chinese students study at US universities, the largest group of international students by far. In China, we will visit Beijing, the seat of national of government, and Shanghai, the center of business. Beijing is home to most of China's largest state-owned enterprises. Shanghai is a global financial center and the busiest port in the world.
Several class sessions will be held before the trip. Attendance is required.
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