IBUS 5400: Global Business Practicum in China
PROGRAM IS FULL - APPLICATIONS CLOSED FOR JANUARY 2017 CHINA PROGRAM
In addition to the immersion dates in China, five pre-departure classes will be held during fall 2016 B term. These are often held Fridays from 4:00-7:00 p.m. Dates for 2016 class meetings are TBD.
This course is a partnership between Lingnan (University) College of Sun Yat-sen University, a corporate sponsor, and the Carlson School. It is an experiential learning model designed to provide students with an opportunity to apply global business knowlege and hone cross-cultural team skills through a live international business project.
The 2016-17 project sponsor is Caribou Coffee. Carlson School students participating in this class are expected to work in cross-cultural teams with MBA students from the partner school in Guangzhou, China to perform the relevant research and analysis of the business project proposed by Caribou Coffee. Based on their research, they will formulate and deliver their recommendations to executives from the firm with their teammates in China.
The course seeks 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
- increase students tolerance for working through ambiguous situations.
For specific information on this year's project contact Kevin Clancy at the Carlson Global Insitute, 612-624-2275.
Past participants of the class have shared:
The course is a "Great cultural experience that you will likely not find anywhere else. You have the opportunity to gain cross cultural work experience with a group of students while also working in a basically risk-free environment on a real consulting project. The experience is priceless and you are able to build close relationships with other Carlson MBA students as well as the Lingnan students."
"Invaluable experience working on a real-life consulting project for a company that will be a resume builder and can be used as a topic of conversation during your next
interview for that job promotion."
"It's an experience impossible to get in the classroom, and creates friendships that are hard to come by in the Part-time MBA."
This course typically includes a program orientation and four, 3-hour predeparture sessions. During pre-departure sessions, students will learn about the elements of the project topic and global project management through through lecture and discussion, and will begin working with their team members on the project for the corporate partner. The pre-departure sessions generally occur on Friday evenings from 4-7 p.m. during the B-term of fall semester. Dates and times for the sessions are TBD.
The immersion in January is expected to begin in Shanghai, travel to Hong Kong, and ends in Guangzhou. While abroad, students participate in cultural activities/tours and continue to explore issues related to the project via site visits, fieldwork, class lectures, and work with their MBA counterparts at Lingnan to develop final recommendations for the corporate partner. Students present their findings to the corporate partner during the final days in China. The middle weekend is free for travel and sightseeing. Please contact the Carlson Global Institute office if you would like to see a sample schedule.
The sponsor company may request that Carlson students deliver their final recommendations to the U.S. based stakeholders who were unable to attend the final presentation in Guangzhou. This presentation is usually scheduled with one or two weeks of return.
Application and Admissions
To apply, please visit the Apply page. Students will be charged a $50 application fee. The application cycle starts on April 1 and the priority deadline is June 15. 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.
- The program is open to 20 Carlson graduate 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.
- Carlson students will work in teams with 10-15 peer business students from Lignan (University) College in Guangzhou
This course will travel to Shanghai, Hong Kong, and Guangzhou in January 2017.
Shanghai is China's largest city with a population of over 24 milion. It is also a global financial center and transport hub, boasting the world's busiest container port.
Hong Kong is one of the world's leading financial centers and is characterized by low taxation, free trade, and minimum government intervention.
Guangdong Province is a key transportation and trading region of south China. Guangzhou is the capital city of Guangdong and close to the manufacturing and industrial region of Shenzhen.
- 20 Carlson School graduate students
- Students interested in gaining experience working on a live business project and enhancing their ability to work effectively in cross-cultural, virtual teams
Academics and credits
- Four graduate elective credits
- Grading is A-F basis
Cost estimate (Summary)
Fees are based on estimates and may change due to international economic factors. This information applies to 2016–2017 courses.
*Calculated based on the estimated 2015-2016 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.
|Estimated Total Costs|
|Estimated Tuition for Four Academic Credits (not including collegiate, graduate student assembly, or transportation fees)*||$5,208|
|Program Fee (includes program activities, course materials, hotel accomodations and breakfasts during the program, two group meals, and international health insurance)||$2,600|
|International Roundtrip Airfare between Minneapolis and China||$1,800|
|Passport, Visa, and Immunization expenses||$300|
|Daily Living Expenses (includes incidentals, local transporation, and other expenses not covered by the program fee)||$250|
|Meals not covered in the program fee (most lunches and dinners)||$250|