ACCT 3001: Managerial Accounting -- An International Perspective
Class Sessions: Monday evenings 5:45-9:05PM during Fall Semester
Post-program Session: Friday, January 22, 2016: 1-4PM
This course introduces students to the design and use of costing systems to support key operating and strategic decisions of business firms. Accounting 3001 is an opportunity for students to fulfill Carlson School’s Functional Core accounting course (ACCT 3001) with study in the United States, Argentina, and Chile, both founding members of the United Nations and the Union of South American Nations.
The program starts with a city tour and welcome dinner in Buenos Aires. The first week includes guest lectures and company visits in Buenos Aires and then the group transfers to Santiago, Chile for the second half of the program where there will be additional guest lectures and company visits. Included in the program is also time for a small amount of independent exploration in both Argentina and Chile.
Please contact the Carlson Global Institute office if you would like to see a sample schedule.
Application and Admissions
To apply, please visit the Apply page. Students will be charged a $50 application fee. The application cycle starts on March 1 and the priority deadline is April 1. Applications for programs that do not fill by the priority deadline will be accepted on a rolling basis until full. Applications will be reviewed and students will be informed of their status within 4 weeks of the priority deadline.
This program is open to U of M undergraduate students in good academic standing, with a GPA of 3.0 at the time of application. Students must also have completed ACCT 2050 before 2015 Fall Semester. The application process is competitive and space is limited. Meeting the minimum requirements does not guarantee acceptance.
Buenos Aires is the capital and largest city of Argentina, and the second-largest metropolitan area in South America. As the political, financial, industrial, and commercial hub of Argentina, the city is also known for its European style architecture and rich cultural life. Located on the eastern edge of the Pampa, Argentina's most productive agricultural region, and linked with Uruguay, Paraguay, and Brazil by a great inland river system, the city is the distribution hub and trade outlet in South America.
Santiago is Chile's capital city, and the center of commerce for the country. It is a modern city and serves as the regional headquarters to many multinational companies including Minnesota-based 3M, Ecolab, and Cargill. Due to its location on fault lines, Santiago has a limited number of buildings remaining from Spanish colonial times, so the city has a modern architectural feel.
Students will stay in double or triple rooms with students of the same gender at a centrally-located hotel in Buenos Aires and Santiago. 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 will be provided daily at the hotels. A welcome dinner and closing dinner are also provided.
- 25-30 University of Minnesota undergraduate students
Academics and credits
- 4 credits
- A-F grading – substitutes for ACCT 3001
Cost estimate (Summary)
Fees are based on estimates and may change due to international economic factors. This information applies to 2015- 2016 programs.
*Students should also maintain their U.S.-based health insurance plan while abroad.
**Non-U.S. passport holders need to check with the Embassy of Argentina and the Embassy of Chile on the visa application procedures and costs.
***Costs for U.S. passports holders only, all other citizens must check with the embassies of Argentina and Chile for the respective fees; Costs subject to change prior to departure.
|2015-2016 Tuition for 4 academic credits (included in the 13+ credit tuition plateau)||$0|
|Program Fee (including group flight, lodging, program events, breakfast daily, two group meals, and int'l health insurance*)||$5,400|
|International airfare between Minnesota and Argentina (included in Program Fee)||$0|
|Passport and Photos**||$145|
|Entry/Exit Fee for Argentina and Chile***||$160|
|Hotel Accommodation (included in Program Fee)||$0|
|Daily Living Expenses (local transportation, incidentals, internet, laundry, etc)||$400|
|Meals (lunch and dinners not included in Program Fee)||$400|