International Internship in Europe - Prague, Czech Republic June 10-July 14, 2018 1. Highlights A. All program activities will be conducted in English B. Earn 3 hours for BA 4500 or MANGMT 4940 C. Work in a team environment to complete a global market research project for a Missouri company interested in evaluating market entry opportunities in Central Europe D. Projects will involve review of global trade management and market issues, supply chain and trade finance, and will include primary and secondary research work E. Open to MBA students by special arrangement with the MBA office F. Open to non-business majors G. Includes international company visits and guest lectures 2. General Requirements for Program Participation A. You must be 18 or older B. You must be in good academic standing and have no current disciplinary sanctions C. You must attend all of the pre-departure internship meetings. D. Enroll in and pass MANGMT 4201-02 Topics in International Trade Management, Spring 2018, or have taken and passed the class in a prior semester E. Enroll in and complete BA 4500 or MANGMT 4940 - Summer 2018 F. 2018 or previous Europe Study Abroad participation is required G. Previous work experience is preferred H. Participants must agree to the terms expressed in the MU student conduct manual and the MU Conditions of Participation and Program Acceptance form I. You will need a passport that is valid for at least six months after your scheduled return date J. You will be asked to sign a liability release form, a medical release form (included in the International Center s orientation materials), and a publications release form K. You must meet minimum health insurance requirements set by the university 3. Program Details A. Program beginning and end The program begins when you check into the Czech University of Life Sciences (CULS) dormitory on Sunday, June 10, 2018. All interns are expected to be present for the program orientation session that will begin at 3:00 p.m. on June 10 th. The program ends when you check out of the dormitory on or before 9:00am, Saturday, July 14, 2018. The last internship work session will end at Noon on Friday, July 13, 2018. Travel plans can be made for July 13 th, but must take place in the later afternoon or evening. B. Location Prague - is the Czech Republic s economic center and plays host to a multitude of multinational organizations. The city has shifted its focus towards service-oriented industries such as biotechnology, finance and IT, away from labor intensive industrial activities. It is ideally situated for market entry research into the Central and Eastern European Central and Eastern European (CEE) region. Prominent industries in the metropolitan region include automotive, metallurgy, engineering and chemicals. Companies such as Baxter, Procter & Gamble and 1
Ingersoll Rand all conduct manufacturing activities in the area. Prague is a popular destination for expats and is widely considered to be the most livable city in CEE. Lodging and meals Students will stay in the university dormitory at CULS and will share a room with one other MU student for the entire five-week stay in Prague. The university is located 15-20 minutes away from the city center. Public transportation allows for easy and flexible access from campus to downtown Prague. The local food in Prague is similar to German food in that it consists of a lot of meat (beef, pork, and chicken), potatoes, salads, and various vegetables. Meals are relatively inexpensive with an average lunch on campus costing under $5 and dinner in town or at a local café for under $10. The program schedule will outline what meals are included in the program fee. 4. Prerequisite course All Students, including non-business majors, should check with their academic advisor on how these credits can be applied to their graduation requirements. Management Topics in International Trade Management, MGMT 4201-02 (58485) Spring 2018, T/Th, 11:00 am Instructor: Larry Dill Office Location 213G Cornell Hall Phone 573-882-7626 Email Address dilll@missouri.edu COURSE DESCRIPTION AND PHILOSOPHY: International trade is the exchange of goods and services between countries. This type of trade gives rise to a world economy, in which prices, or supply and demand, affect and are affected by global events. This course will focus on global trade management issues, procedures, requirements, and strategies. The implementation of international marketing plans, global supply chains, and trade finance will also be explored. These topics will be examined by exploring trade factors that influence organizations and trade relations such as different cultural norms, government regulations, technology, resources, and logistics. Objectives: 1. Expand your understanding of international trade 2. Develop your ability to conduct business research and analyze business dilemmas 3. Prepare you for international internships Pre-departure meeting expectations Interns will be required to attend five pre-departure sessions that will be conducted during the Spring 2018 semester. Classes will take place on Thursday evenings from 5:00-6:30 p.m. on the following dates April 5, 12, 19, 26 and May 3, 2018. All pre-departure sessions will take place in Cornell Hall; classroom location TBD. Additionally, students will be required to complete a site visit with the company that they will be completing the global market research project for. These visits will be schedule to take place on either Friday, April 13, 20 or 27, 2018. Company visits provide student interns with an opportunity to tour company facilities, meet company executives, and review the project scope of work with the company. 2
5. Program Schedule: this is a draft current as of November 1, 2017. Details may change. The typical workweek will use the following general schedule: As a supplement to the global market research activities interns will complete, we will take the opportunity to visit several organizations and businesses engaged in international trade. Guest lectures from CULS staff may also be incorporated into the schedule to provide additional learning opportunities. Weekly Topics: Week one- Marketing Research - Visit U.S. Department of Commerce, American Chamber of Commerce and/or CzechInvest Week two- Manufacturing -Visit a Czech-based manufacturing company with international operations Week three- Finance-Visit an international banking operation Week four- Supply chain/logistics- Visit a distribution center/port of entry or business with extensive distribution operations Week five- Project completion and presentation practice Work day schedule (Monday-Thursday 9:00 a.m.-5:00 p.m. with a one-hour break for lunch; Friday 9:00 a.m.-noon): We will start each work week and work day out with a review of the key project tasks/research items to be completed that week/day. Note will be made of the off-site organization/company visits to be made that week. Training/review of the databases & websites used to support each project team s research will be incorporated into the work-session during Week 1 of the internship. Thursdays (Weeks 2-4) - Teams will have the opportunity to coordinate primary research visits to support their project work Fridays Teams will work together to review and summarize the research completed that week, and add content to their project final report sections to be assigned weekly. ***This proposed itinerary is a draft and may be subject to change. You will be provide with an updated schedule prior to the final pre-departure session. Date Day Location Daily Schedule Notes 10-Jun Sun Dormitory Check-in to Dorms Program Begins 3:00~5:30 pm Program Orientation Meeting WEEK 1 11-Jun Mon Classroom 9:00 a.m.-noon Project Orientation 12:00pm-1:00pm Lunch Break 1:00-5:00 p.m. Database Review 12-Jun Tue Classroom/Visit 9:00 a.m.-5:00 p.m. Project research/org. Visit Welcome Dinner 13-Jun Wed Classroom/Visit Marketing Org. Visit/s - US Commercial Service, AmCham, and/or CzechInvest 14-Jun Thu Classroom 9:00 a.m.-5:00 p.m. Project research 15-Jun Fri Prague 9:00 a.m.-noon Project research/report Content Finish at Noon 16-Jun Sat Dormitory Free time 17-Jun Sun Dormitory Free time 3
WEEK 2 18-Jun Mon Classroom 9:00 a.m.-5:00 p.m. Preview week ahead; Project research 19-Jun Tue Classroom/Visit Manufacturing Company Visit Business Professional 20-Jun Wed Classroom 9:00 a.m.-5:00 p.m. Project research 21-Jun Thu Classroom/Prague Project Work/Primary Research Visits (as scheduled) 22-Jun Fri Classroom 9:00 a.m.-noon Project research/report Content Finish at Noon 23-Jun Sat Dormitory Free time 24-Jun Sun Dormitory Free time WEEK 3 25-Jun Mon Classroom 9:00 a.m.-5:00 p.m. Preview week ahead; Project research 26-Jun Tue Classroom/Visit International Banking Entity Visit Business Professional 27-Jun Wed Classroom 9:00 a.m.-5:00 p.m. Project research 28-Jun Thu Classroom/Prague Primary Research Visits (as scheduled) 29-Jun Fri Classroom 9:00 a.m.-noon. Project research/report Content Finish at Noon 30-Jun Sat Dormitory Free time 1-Jul Sun Dormitory Free time WEEK 4 2-Jul Mon Classroom 9:00 a.m.-5:00 p.m. Preview week ahead; Project research 3-Jul Tue Classroom/Visit Company Visit with Distribution Focus Business Professional Farewell Dinner 4-Jul Wed Classroom 9:00 a.m.-5:00 p.m. Project research 5-Jul Thu Classroom/Prague Classroom or Primary Research Visits (as scheduled) *Local Holiday 6-Jul Fri Classroom 9:00 a.m.-noon Project research/report Content *Local Holiday Finish at Noon 7-Jul Sat Dormitory Free time 8-Jul Sun Dormitory Free time WEEK 5 9-Jul Mon Classroom 9:00 a.m.-5:00 p.m. Final Report Edits & Final PPT Prep 10-Jul Tue Classroom 9:00 a.m.-5:00 p.m. Final Report Edits & Final PPT Prep 11-Jul Wed Classroom 9:00 a.m.-5:00 p.m. Final Report Edits & Final PPT Prep 12-Jul Thu Classroom 9:00 a.m.-5:00 p.m. Final Presentation Practice 13-Jul Fri Classroom 9:00 a.m.-noon Final Presentation Practice Finish at Noon 14-Jul Sat Dormitory Check out room before 9:00 am Program Ends Tue- 7-9-Aug Thurs MU Cornell Hall CGBP Exam Prep Training (open to students) 10-Aug Fri MU Cornell Hall Company presentations - to be scheduled 10:00 a.m.-1:00 p.m. 4
6. Weekend Travel Individual travel on weekends is permissible during this internship subject to the following guidelines: Travel must take place outside of posted work session hours Interns are required to share their travel itinerary with the student manager on duty prior to departure Travel plans that encroach upon posted work session hours, may be considered, but require prior approval of the program leader. Such requests should be made within three days of the planned travel date and require completion of a Travel Request Permission Form. Program leader approval should be secured before any travel bookings are made. Any travel request approval will also require a work plan from affected teams submitted prior to travel booking and approved by program leader. 7. Estimated Budget The following budget may be used for planning purposes. Program Fee paid Student Planning Budget to MU Tuition & Fees Paid to MU Airfare to program site Total Estimated airfare from Bergamo Study Aboard program to Prague (if applicable) $400 $400 MU Tuition (estimated for 3 credit hour based on Fall 2017 in-state tuition rates) $846 $846 Trulaske Professional Fee $278 $278 Technology Fee $40 $40 MU International Center Fee $125 $125 Program fee (see cost section for inclusions.) $2,228 $2,228 Estimated Student Cost $2,228 $1,289 $400 $3,917 Note: Tuition is estimated as UGR Resident fees and is approximate until the Board of Curators of the University of Missouri sets the new fees in April during the spring semester prior to departure. Non-resident students pay their usual additional non-resident fees. Provided you are taking courses necessary for graduation this simply shifts tuition costs from one term to another. The costs presented above in the student-planning budget are best estimates within five percent. Cost The program fee quoted above (billed to your student account in May) includes the following: A. All local transportation for program planned topical and company visits. B. All lodging for the five-week period of program activities. C. Cost of conducting company visits, including admission fees. D. Two program social dinners during the five-week program. E. Required University of Missouri HTH Insurance coverage for the duration of the program. (Note: In some cases, you may be required to pay out of pocket to receive services. This coverage allows you to submit claims for reimbursement by HTH for any medical expenses incurred out of the US while on the program.) 5
Expenses NOT included in the program fee are: A. Transportation to Prague and transfers to CULS. B. Transportation to the airport for departure from Prague C. Personal expenses not associated with program activities, such as snacks, souvenirs, clothes, etc. D. Tuition for the BA4500 or MANGMT 4940 (3 hours) billed to your student account in the spring. Resident students pay usual resident fees. Non-resident students will pay the usual non-resident fees. E. Breakfast, Lunch and Dinner meals, except for program sponsored events. F. MU International Center study abroad administrative fee of $125. This fee covers MU support services for student emergencies during the program period. 10. Schedule of Payments Description Date Amount Billed Program Fee - Billed to your student account Approx. May 15 $2,269 Educational Fees 3 credit hours of MU summer courses. (Estimated) Approx. May 15 $1,164 Billed to your student account International Center fee - Billed to your student account Approx. May 15 $125 11. Withdrawal from Program - Student must contact the International Relations Student Services Coordinator directly by e-mail TCoBStudyAbroad@missouri.edu documenting any withdrawals from the intended international internship program. Withdrawal date will be determined to be the date shown on the e-mail that you send to the Student Services Coordinator in 213 Cornell Hall stating that you are withdrawing from the program. Amount Withdrawal After $100 Deposit Date of Application no exceptions. $600 will be billed December 31 $1,500 will be billed January 30 $2,000 will be billed February 15 $2,500 will be billed March 15 ***Depending on the date that you withdraw from the program, the study abroad department may or may not be able to get a refund from the vendor. Your refund will be relative to the costs that can be recovered. If you have not been billed the program fee at the time of your withdrawal you will be billed for any cancellations fees charged to the program. 12. Visas and Travel Documents All students will need a valid US passport or appropriate passport/documentation from their country of citizenship valid for at least 6 months after your return date. Non-US citizen students at Mizzou will need to check the Internet about visa requirements for program sites for their particular country of citizenship. Copy of all program participant passports due to Study Abroad Office by March 1 to remain on the program. If you are concerned about timing have it expedited. 6
13. APPLICATION Schedule and Deadline: This program will use a competitive selection process and will be capped at 20 students. Students may be placed on a waiting list and accepted as space permits. There will be an early application period available for those wishing to apply early. Early applications will receive selection preference. Early applications due January 23 Final date to enroll in MANGMT 4201 January 23 Early application interviews scheduled January29 - February 2 Regular application due March 20 Internship final commitment due April 5 Study Abroad pre-departure begins April 5 **Application process and procedures: Complete the Summer ITC Application form located at http://itc.missouri.edu Email your completed application AND resume to ITC@missouri.edu Once application materials have been reviewed, a representative from the MU International Trade Center will follow-up with you to schedule an interview. Candidates will be notified of their internship status post-interview. Additional information on all of the MU International Internship opportunities is available at http://business.missouri.edu/centers-institutes/international-trade-center/student-internship-opportunities IMPORTANT: If you are a student with a disability and anticipate requesting accommodations while studying abroad, we encourage you to notify the MU Office of Disability Services as early as possible (http://disabilityservices.missouri.edu ). Early notification is essential to allow us time to ensure that appropriate arrangements and reasonable accommodations can be provided, both by the program and our Study Abroad partner organizations. 14. Scholarships and Financial Aid The MU International Center website, https://international.missouri.edu/study-outside-the-us/gettingstarted/financing/index.php has a list of available scholarships and financial aid for studying abroad. Disclaimer: The costs and schedules presented in this document are best estimates performed in good faith and do not represent any kind of fixed contract. The nature of dealing with foreign partners makes it difficult to plan exactly how this international internship program will be finalized. Program Cancellation Policy for Student Financial Liability I understand that in some circumstances I may not receive full academic credit for the study abroad program for which I have applied. These circumstances include, but are not limited to: Cancellation of the program due to circumstances beyond the control of the University of Missouri; A decision by the University, in its sole discretion, that cancellation of the program is appropriate based on enrollment, health, safety, or similar considerations; My inability to participate in or complete the program due to circumstances beyond the control of the University of Missouri My dismissal from the program. I understand that in any of these circumstances, I will be refunded only those costs that can be recovered by the University of Missouri or the University s partner program. If I have not been billed the program fee at the time of my withdrawal I understand that I will be billed for any cancellation fees charged to the program. 7