International Study Trip: Chile
Course: GSM 7261G
CHILE TRIP DATES: Winter Break - Sunday December 15 - Saturday December 21
- GSM7261G is a one credit independent study course and will be graded Pass/Fail. Credits for this course will count towards graduation requirements.
- Professor: Professor Gary Knight
- Who is Eligible to Apply: Current students of the Willamette University Early Career and Career Change MBA or the MBA for Professionals (prerequisites listed below). As part of the MBA for Life program, graduates of either program are also eligible to apply.
Early Career and Career Change MBA students: Completed or concurrent enrollment in first semester PACE course and in good academic and conduct standing at time of registration for course. Must complete all PACE career management requirements prior to commencing travel.MBA for Professional students: Completed or concurrent enrollment in LEAD and in good academic and conduct standing at time of registration for course. Must complete all LEAD requirements prior to commencing travel.Exchange students and Accelerated MBA students: Completed one semester of Willamette MBA coursework and in good academic and conduct standing.
- Tuition: None for GSM7261G
- Course requires attendance and participation in class sessions prior to the trip. Class Dates are: Nov 9, Nov 16, and Dec. 7, all Saturdays
- Itinerary: Tentative Itinerary can be viewed here - (subject to change)
Estimated Costs: All inclusive of program fee, airfare, visa and meals on your own - estimate - $4652.
- Program Fee: $2692 (includes in country travel and transportation, double occupancy hotel rooms and some meals). Students wanting a single room will pay an additional fee of $414.
- Airfare: $1500 estimated
- No visa is required to enter Chile; however, a reciprocal fee of $160 must be paid upon entry to the country (fee varies depending on citizenship).
- Estimated additional Costs: $300 (including meals not included in program fee etc)
Application Process: Application form
- September 15 - Application Deadline - Required to register for the course - Apply here after logging into Class tools
- October 1 - Deposit required - $1346 ( 50% of program fee). This will confirm your participation (NOTE: Financial Aid can be increased during fall semester to cover the cost of the trip - see Judy O'Neill for details)
- November 1 - Final Deposit required - (second-half of program fee due)
Passport and Visa Information:
- Valid passport is required
- Chile does not require a visa for citizens of most countries (including the U.S.). However, they do charge a reciprocal fee that is paid upon entry to the country. Reciprocal fees may vary by country of citizenship. US students can get information here - http://travel.
state.gov/travel/cis_pa_tw/ cis/cis_1088.html#entry_ requirements
COURSE DESCRIPTION AND RATIONALE
This is a one-credit course that includes an international study trip to Chile in December 2013. The trip includes visits to numerous companies and other organizations in Santiago and Valparaíso/Viña del Mar. In this course we study (i) fundamentals of international business, (ii) the environments and challenges of emerging markets, (iii) strategies and operations for succeeding in emerging markets, and (iv) specific aspects of business in Chile, the most significant emerging economy in Latin America.
Chile is open for business. Per-capita income of about $18,000 makes Chile the highest-income and most significant emerging economy in Latin America. In partnership with business, the Chilean government developed a model admired worldwide for economic and social development. Smart government policies encourage foreign direct investment (FDI) and new business development. Chile enjoys some of the best living standards of emerging economies worldwide. Chile leads Latin America in economic freedom, competitiveness, sustainability, globalization, and low corruption. Chile’s credit rating (A+) is the best in Latin America. A world leader in global business, Chile has signed free trade agreements with China, the European Union, India, Japan, and the United States. The US is Chile’s top trading partner. Strongly entrepreneurial, Chile's approach to FDI is codified in its Foreign Investment Law and Startup Chile program (startupchile.org), which gives foreign investors the same status as Chileans. The government’s motto is “We change the world not by revolution, but by innovation.” Top Chilean exports include wine, salmon, and forestry products. Chile is a founding member of the United Nations and the only South American member of the Organisation for Economic Co-operation and Development (OECD). Chile has a unique natural landscape, sandwiched between the Andes mountains and the Pacific Ocean. Celebrating its bicentennial in 2018, Chileans are extremely optimistic about their future.
Several class sessions will be held before the trip. Attendance is required.
Questions? Please email us at email@example.com