Vienna, Austria

Graduate Global Enrichment in Central and Eastern Europe

IBUS 5120: Global Business Practicum in Central and Eastern Europe

Location: Vienna, Austria and TBD

Dates: May 31 - June 13, 2015, and Spring Term B (Typically 4 Friday evenings)*

Term: Spring 2-8 week

Objective: This course provides students with a first-hand look at the business environment of Central and Eastern Europe (CEE) and is designed a partnership between Vienna University of Economics and Business (WU), the Carlson School, and a corporate partner.

This course provides students with a unique opportunity to work on cross-cultural teams with students from across the world enrolled at WU to address a business issue posed by the sponsoring company. The course is designed to: increase students ability to work in diverse teams and analyze problems from a global perspective; help students develop a more robust understanding of the business topic of the project; and increase students tolerance for working through ambiguous situations.

The program will be working on a marketing related project for a Minnesota multi-national firm with operations in the region.

*Students may also be requested to present their findings to the leaders from the corporate client shortly after their return to Minnesota.

Audience

  • Up to 20 Carlson School graduate students
  • Classes during the international component of the program will be a mix of WU and Carlson School students

Academic Credit

  • 4 graduate elective credits
  • Grading is A-F basis

Eligibility

This program is open to Carlson School students in good academic standing, with a minimum GPA of 3.0 at the time of application. The application process is competitive, and space is limited. Meeting the minimum requirements does not guarantee acceptance.

Location

Vienna is Austria's primary and largest city, with a population of about 1.7 million, more than 25% of the national population. An economic hub between East and West, Vienna is home to many international corporations, including Siemens, 3M, IBM, and Panasonic. Art and culture have a long tradition in Vienna and its music, theater, galleries, museums and architecture are world-renowned.

Poland joined the EU in 2004 is considered by many to be one of Europe's most dynamic economies, growing 177% between 1989 and 2007. It is situated on the Baltic Sea and its capital, Warsaw, is the largest city in Poland with over 2.6 million residents residing the the metropolitan region.

Schedule

Pre-departure class sessions familiarize students with Central and Eastern Europe, the corporate partner, and the case topic. For the international component, students spend the first week in Poland, then travel to Vienna to continue their project work for the corporate sponsor. The program finishes with student presentations of recommendations to the company, a farewell dinner, and a course debriefing.

Housing & Food

Students are housed at conveniently--located hotels in each city. Students will share a room with one or two classmates of their same gender. Because networking and community-building are key parts of the program, students will not have the option of a single room. Guests are not permitted during the program. Breakfast daily, a welcome dinner, and a closing dinner are provided.

Cost Estimate

Fees are based on estimates and may change due to international economic factors. This information applies to 2013–2014 programs.

2013-2014 Tuition for Four Academic Credits (not including collegiate, graduate student assembly, or transportation fees)* $4,940
Program Fee (includes program administration, international health insurance, housing, some meals, course materials, transportation between Vienna and Warsaw, and transportation to site visits) $2,250
International Airfare between Minneapolis, Warsaw, Poland and Vienna, Austria $1,500
Passport and Visa expenses $500
Daily Living Expenses (includes incidentals, local transportation, and other expenses not covered by the program fee) $250
Meals not covered in the program fee (most lunches and dinners) $300
Total
$9,740

 

*Calculated based on the estimated 2013-2014 PTMBA tuition rate. Students enrolled in another degree program will be charged the tuition rate for four credits associated with their degree program. Please see One Stop for more information about tuition and fees or contact us with questions.

 

Financial Aid & Scholarships

Most financial aid may be applied to study abroad. University of Minnesota students are eligible for education abroad scholarships. See Costs & Billing for additional information on financial aid and scholarships.

Scholarships are available through the Global Programs and Strategy Alliance.

Application & Admission

To apply, please visit the Apply page. Students will be charged a $50 application fee.

The priority application deadline is December 1, 2013. Applications will be accepted after the priority deadline and reviewed on a rolling basis.

Applications will be reviewed and students will be informed of their status within 4 weeks of the application deadline.

All details subject to change based on economic and international factors.

Quick Links


Video Profile

Access Abroad

We encourage students who may have constraints to consult with our Education Abroad advisors and read information available at Access Abroad.

Contact Information

Kevin Clancy
Associate Program Director
clancy@umn.edu

612-624-2275

Faculty Leader

David Bartlett

Past Participants

Send an email to a Vienna Seminar past participant.

Please be respectful of past participants' time, and be reasonable in your expectations of response time. Please do not contact more than two students at a time. If you do not hear back within a week, then you can reach out to another student on the list.

Sean Erickson

eric2636@umn.edu

Kelly McDonald mcdon147@umn.edu


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