Jade Buddha Temple, Shanghai

Graduate Global Enrichment in China

IBUS 6997 (MILI 6997) MILI Global Valuation Lab - China

Location: Shanghai, China

Dates: July 13 - July 26, 2014, and Summer term (5/9, 4-7 p.m.; 6/13, 5:45-7 p.m.; 6/21, 8 a.m.-5 p.m.; 6/24, 5:45-7 p.m.; 7/1 5:45-7 p.m.)

Term: Summer

Description: This program offers students an opportunity to explore the dynamics of the Chinese economy through an experiential medical technology valuation exercise. This course is modeled after Carlson School's on-campus Medical Industry Leadership Institute valuation lab which engages an interdisciplinary collaboration of students, faculty, and industry leaders working together. Working under the supervision of experience faculty members and mentors, students assess the value of proprietary inventions in the context of the Chinese market, producing a comprehensive valuation report covering all aspects of the innovation. The analysis assesses intellectual property issues, regulatory challenges, market size and growth trends, effectiveness and need for the technology and financial issues and strategic positioning.

University of Minnesota students will have an opportunity to work in cross-cultural teams with students and engineers from our partner school the University of Shanghai for Science and Technology.


  • Up to 20 University of Minnesota graduate students
  • Executive education students
  • Classes abroad will be a mix of University of Minnesota students, executive education participants, and partner school students

Academic Credit

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


The program is open to Carlson 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.


Shanghai is the largest city in China with a population of over 20 million and an economic, commercial and financial center. Located on the Huangpu River, the city is also a transit hub with the world's busiest container port. Shanghai's historical landmarks such as The Bund, City of God Temple and Yu Garden make it a popular tourist destination.


Pre-departure class sessions familiarize students with the medical technology valuation methodology and the economic, demographic, and political dynamics of China.

In China, students will spend their time in class sessions, performing research through fieldwork and company site visits, and working in groups to prepare for their final analysis for presentation.

Housing and Food

Students are housed at hotel near our partner school University of Shanghai Science and Technology. 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 activities, course materials, hotel accommodations and breakfasts during the program, two group meals, and international health insurance) $2,250
International Round-trip Airfare between Minneapolis and Shanghai $1,800
Passport, Visa, and Immunizations $300
Daily Living Expenses (includes incidentals, local transportation, and other expenses not covered by the program fee). $250
Meals not covered by the program fee (most lunches and dinners) $250


*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 and 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.

Application and Admissions

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

The application deadline js been extended to April 1, 2014. Applications will be accepted after the priority deadline and reviewed on a rolling basis.

Students will be informed of their status within 2 weeks of the application deadline.

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

Quick Links

Faculty Leader

Steve Parente, Ph. D
Department of Finance
Director, Medical Industry Leadership Institute
Faculty Profile

Contact Information

Carlson Global Institute
CSOM 2-210
Phone: 612-625-9361
Fax: 612-624-8248

Kevin Clancy
Associate Program Director
Phone: 612-624-2275
Fax: 612-624-8248

Access Abroad

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


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