Fogelman College of Business and Economics
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Executive MBA Students Return from International Residency

For release:  June 5, 2013

The Fogelman College of Business and Economics’ Executive MBA students returned this week from their international residency held in Eastern and Western Europe and the Middle East.  The EMBA Program traveled to Warsaw, Poland; Berlin, Germany; and Istanbul, Turkey from May 16th – May 28th.  

Each year, the EMBA Program takes its students on an international trip to directly experience how business is conducted in other parts of the world.  Through company visits and meetings scheduled with company executives, they are able to learn about issues relevant to business in that part of the world and, additionally, are able to immerse themselves in the local culture through various tours and explore how those cultural differences may play a part of how business is conducted.

Companies visited this year included Coca-Cola and Jones Lang Lasalle in Warsaw; Bombardier Transportation and Berliner Sparkasse in Berlin; and Ford Otosan, HK Strategies, Yapi Kredi Bank, Cushman & Wakefield, and GE Istanbul in Istanbul.  In each visit, C-Level executives met with and discussed issues surrounding their respective company and the global business environment, as well as, local business strategies.  Additionally, the students completed a consumer field study while in Berlin.  The purpose of this study was to engage in local surroundings and to get a glimpse of life as it unfolds for those who live there.  Locations visited during this study included the Ziraat Bank International AG; Ford Automobilforum; The Garage (a 1000 square meters of second-hand items and a large range of various goods); and, Arminiushalle (which is an extensive food market hall featuring local and international delicacies, pastries, a butcher, various restaurants in which to dine, etc.).  Whether it was learning about the procedures for purchasing an automobile or a trip to the local bank, students were able to engage in how those processes work and experience a ‘day-in-the-life’ of local culture.

The international residency is taken at the end of the first year in the EMBA Program.  Locations tend to change each year, based on interest and the global business environment.  Locations chosen since 1981 have included various cities in Mexico; numerous countries in Europe; Hong Kong, Shanghai and Beijing, China; as well as, Brazil, Argentina and Chile in South America.

Executive MBA Class of 2013 visiting Bombardier Transportation in Berlin, Germany.
Executive MBA Class of 2013 visiting Bombardier Transportation in Berlin, Germany.

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Last Updated: 6/5/13