Business

 


Visiting the Santiago Bernabeu Stadium in Madrid

As the business environment becomes increasingly global, study abroad is an excellent way to add perspective to your business education. Currently, both customers and businesses are expanding into a global and international environment, and there is much to be gained from understanding how different cultural values, political and legal systems, and economic conditions shape a country’s economy and financial decisions, affect market entry strategies and marketing mix decisions, and generate a unique business culture and organizational structure. Study abroad is one very exciting way to begin to discover new approaches to the study of business while enhancing your professional and personal skills.

From short-term, faculty-led programs to full-year enrollment at a foreign university, there are plenty of opportunities to complete prerequisites, fulfill business core requirements, earn major credit, take General Education classes, or explore electives. Other possibilities include language study or undertaking an international internship in a foreign organization. Whatever you do, you will gain insight into the ways that different cultures and legal systems impact the way business is conducted around the world.

 

Freshmen

Your initial year at the UI might be best spent taking business prerequisites, beginning a language, or working on General Education Program requirements.  Also, the transition from high school to college is a big one.  Study abroad is best left for a little later, but as early as the summer between your first and second year.

Sophomores

This is an excellent time to continue with General Education Program requirements overseas, begin or continue with a second language, finish up Business prerequisites, and/or work on Business Core Requirements.

Juniors

If you go abroad during your junior year, you will probably concentrate on major requirements and electives.

Seniors

This is a good time to finish up any remaining major courses or required electives.

Summer

Summer is always a good opportunity to take 1 or 2 classes in your major, minor, or certificate program, or as electives. International internships are also available in the summer.


Hong Kong skyline

And...

"Involvement in these types of trips and activities may spark an undergraduate’s interest in earning an International Business Certificate, which provides business and liberal arts students with the opportunity to add an international dimension to their degrees... Students will find that their global education does not end once they earn a degree. Many companies are developing in-house programming to further educate employees."

  • "A World of Possibilities"Business at Iowa Winter 2007-2008

Selecting Courses

General Education and Electives

Most study abroad locations offer course work that will count towards Natural Sciences, Historical Perspectives, Global and Cultural Studies, Humanities, and/or Social Sciences General Education Program requirements.  GEP courses taken overseas can be approved by Study Abroad.  Think about saving some of these requirements for an abroad program.

Prerequisites for Admission to the College of Business

All prerequisite courses may be taken on selected study abroad programs. The Undergraduate Program Office must review and approve the course you propose to take before the overseas class can substitute for the UI course.  Introduction to Financial Accounting and Principles of Macroeconomics are usually more difficult to find and transfer from abroad.


Taylor Donavan in Copenhagen

Business Core Requirements

Many business core courses can be taken at foreign universities.  Again, the UPO must examine and approve the overseas course you propose to substitute for the on-campus one before the requirement can be met.

A few things to keep in mind: Computer Analysis (6K:070), Foundations of Business (6B:100), and Introduction to Management (6J:048) may be difficult to find and transfer from abroad. Also, while Statistics for Strategy (6E:071) is often available, it may be an intensive course to take during your study abroad experience. 

Business Major Requirements and Electives

Some required courses for all majors can be taken abroad. All the departments usually apply stringent criteria towards the approval of study abroad course work that will substitute for on-campus requirements. Departments also require that two-thirds of your required courses and required electives be completed in residence at the University of Iowa or on study abroad programs offering resident credit. Learn about these policies in the department and discuss your plans with your academic advisor.

Many of the required electives can be taken abroad with prior approval by Tippie College of Business. These courses in conjunction with the required courses are subject to the two-thirds residency requirement mentioned above.

Earning Credit

UPO Study Abroad Equivalencies Database

The UPO Study Abroad Equivalencies Database lists classes at universities around the world that have already been evaluated for UI Tippie College credit. You can search by location or by UI course number. Using this database will help you determine which locations/universities might be appropriate places for you to study, but two words of caution are in order:

First, not every class offered at foreign universities has been evaluated yet, only those already taken by UI students who have studied abroad. If you spot a class offered at a foreign university that is not already included in the UPO Study Abroad Equivalencies Database, you can ask to have it evaluated for transfer credit.

Secondly, if a class you are interested in taking is pre-approved in the database, you must check the foreign university’s web site to determine whether or not the class will be offered during the time you propose to study abroad. If you need help with this, visit with an advisor in the Study Abroad office.

The Tippie College of Business has set up the UPO Study Abroad Equivalencies Database to help Business majors find transferable courses abroad. It lists classes at universities around the world that have already been evaluated for UI Tippie College credit. You can search by location or by UI course number. 


Stephen Estelle in Sydney, Australia 

Using this database will help you determine which locations/universities might be appropriate places for you to study, but two words of caution are in order:

First, not every class offered at foreign universities has been evaluated yet, only those already taken by UI students who have studied abroad. If you spot a class offered at a foreign university that is not already included in the UPO Study Abroad Equivalencies Database, you can ask to have it evaluated for transfer credit. 

Secondly, if a class you are interested in taking is pre-approved in the database, you must check the foreign university’s web site to determine whether or not the class will be offered during the time you propose to study abroad. 

If you need help with this, visit with an advisor in the Study Abroad office.

To succeed in an increasingly diverse and interdependent business environment, business and community leaders must possess cultural competency. Tippie College of Business students are encouraged to develop multicultural skills through study abroad and advanced foreign language study. Consider the possibility of studying marketing in Thailand, or economics and development issues in Ghana. Studying overseas lets you take classes you would probably never be able to take here at home, and you may gain perspectives that are unimaginable in the U.S. classroom.

“On any given day last year, Tippie College of Business students were managing accounts in a London advertising agency, meeting with corporate executives in Greece, or immersing themselves in the emerging markets of mainland China.”

  • "A World of Possibilities” Business at Iowa Winter

The University of Iowa administers a large number of study abroad programs, and programs offered by other U.S. colleges and universities are also available to University of Iowa students. The Tippie College of Business has worked closely with Study Abroad to suggest some programs that fit different Business majors/minors particularly well. These programs may include General Education options, prerequisites for admission to the Tippie College of Business, business core requirements, major requirements, business electives, and intensive foreign language study. Consider your academic needs and your academic goals at the time you wish to study abroad. Use this information sheet, talk with your academic advisor, and work with an advisor in the Study Abroad office. You’ll find a program that fits your goals.

The programs listed below were chosen because they offer an array of issues in different business areas, strong basic Business courses, unique cultural experiences, or specialized internship options. While we suggest you look at these highlighted programs first, feel free to browse the programs section of the Study Abroad website and consult materials in the Study Abroad Resource Room.

Tippie College Programs

Semester and Year-Long Programs


Vienna, Austria

Austria

Vienna Exchange Program
UI students are able to take advantage of exceptional instruction in the field of business and commerce at Wirtschaftsuniversität Wien (also known as WU). The WU offers a wide range of Courses in English to students with little or no knowledge of German. Alternatively, for those with a command of the German language, WU offers more than 2,000 courses.

Greece

American College of Thessaloniki
The American College of Thessaloniki (ACT) is an independent, not-for-profit, U.S. accredited liberal arts college offering a number of academic disciplines, including Business Administration, Greek Civilization, English Literature, History and International Relations, and Psychology.

Italy

CIMBA Italy

Participants in this program (located in Paderno del Grappa, Italy) take courses emphasizing current international events in the fields of business, economics, journalism, communication studies, and/or engineering. Semester participants take 12-18 credits and Summer Session students receive 6 credits. All faculty and students are drawn from American universities, and all courses are taught in English. Information about current course offerings is available on the CIMBA website.

Netherlands

Olympus, Greece
Stephanie Yousef at the top of Mt. Olympus, Greece

Tilburg University Exchange 
The exchange between the UI and Tilburg University in the Netherlands offers English-language courses in business administration (accounting, applied microeconomics, finance, production management, international marketing, and electronic commerce) as well as other subjects. The exchange is suitable for upper-level Business majors and students pursuing an International Business Certificate.

Spain 

CIEE Barcelona Business and Culture 
The Business and Culture program aims to help students develop competency in the Spanish language while studying Spanish culture and issues related to business in Spain and the European Union. Students begin or continue their Spanish language study while taking academic content courses in English or Spanish. 

 

CIEE Palma de Mallorca Business and Tourism
The Business and Tourism program in Palma de Mallorca is designed for students with academic interest in studying business, tourism, and/or hospitality alongside Spanish students in a direct enrollment environment. This program will give students a global perspective on issues related to business and tourism and help them develop management skills for future leadership. 

Summer and Short-Term Programs

Undergrad Int'l Business Abroad
December-January
Students may study international business in London during this 15-day program offered during the December/January intersession. The course is taught by a Tippie College of Business faculty member and is worth 3 s.h. Class varies from session to session; check with a UPO adviser to determine how credit applies to major, elective, or IBC.

Business and Culture in China 
May Session in China: Beijing and Shanghai
Students will explore the business and cultural environment of China during a two-week study program in China in May. Topics may include: Chinese business culture and relationships, local companies going global, business strategies of multinational companies in the Chinese market, US-China trade relations, entrepreneurship, and many others. Students will receive 3 s.h. worth of credit. 

General Study Abroad Programs Offering Business Courses

Australia

Iowa Regents Semester in Australia
Direct enrollment at the University of Newcastle. The Faculty (college) of Business & Law offers courses in accounting, economics, finance, information technology, management, and marketing. Fall or spring semester options.

Italy 

USAC Business, Architecture and Italian Studies in Turin
Italian Studies Program, Turin, Italy: Offered during the fall or spring semester or for an academic year, as well as an intensive summer session at the University of Turin's Scuola di Amministrazione Aziendale, this program's curriculum is designed to address core degree requirements while providing a complement of courses with an international dimension.

Spain

CIEE Business and Society Program in Seville
This fall or spring semester program offers juniors and seniors an opportunity to examine Spanish business management and economics in their political and socio-cultural context. The academic program combines business, economics, and language coursework with visits to local businesses and industries. Informal internships are an option for participants with the requisite language proficiency and relevant skills.

USAC International Business, Spanish, and Cultural Studies in Bilbao
The USAC program in Bilbao offers courses at every level of Spanish language study. Alternatively, students can take less language and choose from several business courses taught in English to fill out their semester. Business electives have included: Business Strategy, Corporate Finance, Economic and Political Institutions of the European Union, Global Economics, International Management, and Marketing Principles. Internship placements at libraries, small businesses, schools, or service organizations can be arranged for students with an advanced language level in Bilbao. These practices are unpaid, but convey elective academic credit.

United Kingdom


Hawkeye pride in Edinburgh, Scotland

Iowa Regents Semester in Wales
Direct enrollment at University Wales-Swansea. The European Business Management School offers a wide variety of courses with direct applicability toward UI Business majors and the International Business Certificate.

University of Strathclyde Exchange 
Direct enrollment at the University of Strathclyde. Strathclyde's Business School offers students a wide variety of courses that can apply to UI Business majors.