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IBS Summer MBA Seminar
Munich, Germany (Outgoing Program)
Program Terms: Summer
Homepage: Click to visit
Program Sponsor: International Business Seminars (IBS) 
Program Dates & Deadlines: Click here to view
Fact Sheet:
Language of Instruction: English Minimum GPA: 2.5
Housing Options: Hotel Areas of Study: Accounting, Advertising, Business, Business Design, Business Information Systems, Communication, Communications, Culture, Economics, Entrepreneurship, Fashion Merchandising, Finance, Government, Hospitality Management, Human Resources Management, International Business, International Relations, International Studies, Law, Management, Marketing, Mass Communications, Media Studies, Political Science, Politics, Pre-Law, Product Design, Psychology, Public Relations, Tourism
Class Status: 5-graduate student Program Type: study abroad
Program: Direct
Program Description:
IBS Summer MBA 2016

Table of Contents:

Overview
Requirements
Itinerary
Academics
Accommodations
Cost Information
Resources

 

Overview

The International Business Seminars Summer MBA 2016 program is designed for students majoring in business with no foreign language background. Over 10 days, you will travel to Europe to explore Munich and Innsbruck during the most beautiful time of the year for the region! This program will provide you with an incredible opportunity to discover international business practices, especially as they pertain to the European business environment. You will gain valuable knowledge of the culture, societal and political environments of western Europe. If you intend to pursue a career in international business, or a related field, this program will allow you to obtain real world experience of operating with and considering international business practices, especially if you want to pursue your professional career in Europe.

Alongside taking in the important cultural and historical sites in these cities, you will visit companies that are global powerhouses in a variety of industries and fields, such as BMW, Audi, Innsbruck Tourist Board, Reidel Glassworks and Swarovski. These visits give you important intangible benefits that you just can't pick up back home on campus or even in a traditional study abroad program where you simply attend English lectures at foreign universities. These visits will consist of presentations from executives in upper-management positions, networking opportunities to learn from and gain advice from these individuals, and facility tours of select organizations.

Students will immerse themselves in the rich and diverse European culture, exploring its cities and indulging in delectable diverse cuisines while staying in four-star hotels. This experience is meant to be the first international business experience of your career, helping you learn and earn priceless lessons you aren't able to capture otherwise!


Program Highlights

The highlights of this program include visits to BMW, the Audi Ingolstadt Assembly Plant, Dachau Concentration Camp, Innsbruck Tourist Board, Reidel Glassworks and Swarovski Crystal!

Munich

IBS Summer MBA 2017: Munich
Photo courtesy of Charlie Bradbury

Munich, or München, owes its foundation to a coup of the Guelph Duke, Henry the Lion. He destroyed the Isar bridge of the Bishop of Freising and rerouted the salt trade over his own bridge "bei den Munichen" (by the monks, hence the monk in the city coat of arms). From then on, it was he who collected the bridge tolls. In 1158, Emperor Barbarossa concedes market and coinage-rights to the settlement "Munichen". In 1180, the Duchy of Bavaria passed to the Wittelsbachers. Munich became their residence in 1255 and the fate of the city remains closely connected with that of the ruling family until 1918. The Wittelsbachers laid the groundwork for the most important city collections: the Alte Pinakothek, the Treasury, the State Library. They summoned famous musicians to the town, promoted the fine arts, and were active builders. The basic form of the present old city was established by Emperor Ludwig the Bavarian at the beginning of the 14th Century. In 1806, Bavaria advanced to the status of a kingdom under Max I. Joseph. Art-loving, 19th Century King Ludwig I left an indelible imprint on the city. It was he who said, "I wish to make Munich a city which does such honor to Germany that no one can claim to know Germany without knowing Munich."
 
Munich, Germany’s most livable city, is also one of its most historic, artistic and entertaining. It’s big and growing, with a population of over 1,500,000. Just over 100 years ago, it was the capital of an independent Bavaria. Its imperial palaces, jewels and grand boulevards are a reminder that this was once a political and cultural powerhouse.
 

Innsbruck

IBS Summer MBA 2016: Innsbruck
 The Tirolean capital, and twice home of the Winter Olympics, is the center of an internationally renowned ski complex comprising six major resorts. An 800-year-old university town, it has numerous fine buildings dating from Austria’s cultural Renaissance in the 16th to 18th centuries, and a 12th-century castle. When Kaiser Maximilian based the imperial court here in the 1490s, the city became a European center of culture and politics.
 
The Brenner road, a route that had always been heavily used by the salt traders traveling from Hall to Venice, led over the Mittelgebirge before dividing into two routes--one continuing through the Seefeld gap towards Munich and the other going through the Lower Inn Valley towards Kufstein. As early as the Bronze Age, the sheltered terraces above the deep valley were settled by the Rhaetian Illyrians, as substantiated by finds in burial urnfields near the present Wilten Cemetery.
 
Innsbruck was a very important stopping place for the Roman troops when the frontiers of the Roman Empire were being extended by force under Drusus and Tiberius in 15 B.C. At this time the floor of the valley was being turned into arable land. The Castrum Veldidena was founded at Wilton. The construction of the Via Claudia Augusta, at first going over the Reschen-Scheideck Pass and then over the Brenner Pass, provided a direct route to the territory north of the Alps.
Squeezed by the mountains and sharing the valley with the Inn River (Innsbruck means "bridge over the Inn"), the city is compact and very easy to explore on foot. As you tour Innsbruck, you'll find constant reminders of three historic figures: the local hero, Andreas Hofer, whose band of patriots challenged Napoleon in 1809; Emperor Maximilian I and Empress Maria Theresa. Maximilian ruled the Holy Roman Empire from Innsbruck and Empress Maria Theresa who was particularly fond of the city, spent much time there. Visitors are impressed by the way the rugged character of a mountain settlement and the attributes of a modern city are blended, harmonizing buildings of great historical charm with the new business and residential districts.
 

The Guaranteed Airfare Deadline is March 15, 2017. After this date, all airfare purchases will be subject to retail prices.

 


Requirements

Eligibility Requirements

  1. Overall GPA 2.50 or higher.
  2. Program open to all majors but specifically designed for students with background in business, marketing, management, finance, accounting, economics, supply chain management, business law and entrepreneurship.

Program Requirements

Students on this program have the option to take this course for credit, taking it for credit is not mandatory. If it is taken for credit, please be aware that IBS is NOT a credit-granting institution and you will need to go through your home university (or a different university if your home university declines to grant credit).

When taking it for credit, students will be evaluated on:
  1. Final Paper: Weight = 85% of Grade
  2. Professional Contribution: Weight = 15% of Grade

Looking for additional information? Please click here to view the IBS Summer MBA 2017 Syllabus.
*Students who choose to take this program for credit will be required to turn the final paper in by August 15, 2017.
 

 

 

Itinerary


Please click here to view the IBS Summer MBA 2017 Itinerary.

 


 

Academics

IBS Summer MBA 2017

Academic Nature of IBS Programs
Your academic responsibilities as a student taking an International Business Seminar for undergraduate or graduate credit is clearly defined. The Seminars are designed to provide a valuable and enjoyable learning experience for students at the junior, senior, and/or graduate levels. As planned and presented, the Seminars offer the opportunity to gain on-site exposure to the international business environment from the executives who practice and faculty who teach international business. Therefore, students are expected to conduct themselves in a professional manner.
 
IBS courses are open to university students in good standing from an accredited university as well as business/professional people. Students may earn undergraduate or graduate credit for a semester. 

In some instances it is possible to participate in a Seminar without taking it for academic credit. We would still expect the same professional behavior, attendance, and standards of participation in the Seminar sessions, but we would not expect the written academic work required of the registered students. Some universities may not allow their students to take the Seminar without academic credit, or may have standards of participation that differ from what is noted above. Please check with your individual faculty member regarding your requirements.
                                                 
We believe that you will enjoy learning about international business in the arena where it is taking place. Our goal is to help you learn international business from international business practitioners. In this way, you will be exposed to the subtle differences in culture and tradition that you, as an executive, must understand to be a successful international manager.
 

 

 


          IBS Summer MBA Accommodations

Accommodations

Participants will be staying in four-star (or equivalent) hotels that include breakfast in both Beijing and Shanghai.

Only breakfast is included with the hotel accommodations, other meals are not included and are the responsibility of the student.

Accessibility

Individuals with disabilities may find accessibility and accommodation in one of more of this program’s locations very different from what you find in the United States.  Depending on the program, there may be a great deal of walking or the regular use of public transportation.  International Business Seminars cannot guarantee access to public transportation, buildings, or public sites on this program. 

 


Cost Information

Contact IBS directly at kayla@ibstours.com for the program cost.

The cost of the program does include:

  1. Four-Star Hotel Accommodations for every night of the itinerary (including breakfast).
  2. All travel between IBS-sanctioned activities.
  3. Travel between all Seminar cities.
  4. Meals included on the itinerary.

The cost of the program does not include:

  1. The cost of tuition for three credit hours (if you opt to take the seminar for credit).
  2. The cost of most meals (unless otherwise noted in the itinerary).
  3. Personal expenses while on the seminar (most meals, souvenirs, etc).
  4. International airfare (unless otherwise noted; however this can be arranged with IBS).
  5. The cost of your passport and the cost of your UK and Shengen Visas (if applicable).

Financial Aid & Scholarships

IBS does not directly accept financial aid; interested students who receive financial aid must accept the dispersal then pay IBS for the seminar cost.


Resources




Costs for UM Students
Program without international airfare - $4,187.00
Program with international airfare from Nashville (guaranteed until 3/15/16) - $5,837.00

Dates / Deadlines:
Term Year App Deadline Decision Date Start Date End Date
Summer 2018 03/07/2018 ** Rolling Admission TBA TBA

** Indicates rolling admission application process. Applicants will be immediately notified of acceptance into this program and be able to complete post-decision materials prior to the term's application deadline.