Institute for International Business

International Program in Santiago, Chile

January 9-16, 2010

Students in the Full-time MBA Program and the MBA for Professionals and Managers Program (MBA-PM) have the opportunity to travel to Santiago, Chile, this winter for an MBA course—MBA:#235/6N:235 Seminar in International Business: Going & Growing Global in Latin America. The goal of this international educational experience will be to expose MBA students to international business issues with the focus on the economy of Chile.

Required Predeparture Class Meeting (includes predeparture orientation)
Monday, December 21, 2009
, 9 a.m.-3 p.m.
University of Iowa's Pomerantz Center (Room TBA), Iowa City

Departure: January 8, 2010
Students will need to depart the United States on January 8 to arrive in South America on January 9 (most flights are overnight flights). Students will be advised of a time window in which to arrive if they wish to take advantage of the group tranfer from the airport to the hotel.

Return: January 16, 2010
Students will depart in the late evening on January 16 and take an overnight flight to the United States, arriving back in the United States on January 17.

Program Fee: $2,050 (estimate)—Based on a minimum of 24 students
U.S. Entry Reciprocity Fee for U.S. Citizens Entering Chile: $131—This fee is charged by immigration when you enter Chile. (Payment can be made by credit card.) It is not covered by the program fee.
Airfare: $1,200 (estimate)—arranged individually, NOT included in the program fee.

Program fee includes:
7 nights hotel accommodations: 5 nights in Santiago and 2 nights in Viña del Mar
All breakfasts and a few other meals
Introduction and orientation program in Santiago
Airport transportation in Santiago
Arrangements and transportation to/from all professional visits and cultural excursions
Supplemental health insurance and assistance for international travel for the program's duration. (Note that students traveling outside of these program dates are not covered under this policy and are encouraged to arrange their own travel insurance to cover any independent travel dates.)

Tuition for MBA-PM Students: $1,800 (charged in late fall 2009—exact month TBD)
Tuition for Full-time MBA Students: Assessed as part of the 2009 fall semester tuition.

Visa and Entry FeesU.S. Citizens:
U.S. Entry Reciprocity Fee for U.S. Citizens Entering Chile: $131
No visa required for U.S. citizens to enter Chile for purposes of this program.

Visa and Entry FeesNon-U.S. Citizens:
Non-U.S. citizens will need to check for any fees or visa requirements required for their respective countries. These costs are not included in the program fee. When needed, an official University of Iowa letter of intent can be provided.

Guests/Spouses: Guests/spouses may be able to attend pending space availability. All guests would pay the program fee and would be welcome to participate in all professional visits and cultural events.

6N:235 Seminar in International Business: Going & Growing Global in Latin America
(3 semester hours)
Instructor: Mikhail Grachev

Course Expectations and Workload

A course syllabus and assignments will be posted in October. Students will have assignments for this class that will be due prior to the December 21 session and prior to departing for Santiago. These assignments will better prepare students for class discussions on December 21 and the professional visits in Chile. In addition, a final project/paper/presentation will be due shortly after the students return to the United States.

Students are expected to attend the December 21 predeparture class as well as all class meetings, professional visits, and other scheduled events while in Chile.

Students will spend the first five nights in Santiago and the last two nights in Viña del Mar.

  • January 9-10: Orientation and social programming
  • January 11-14: Expect approximately two professional visits per day. At least two class meetings will also be scheduled.
  • January 14: Travel to Viña del Mar
  • January 15: Visit port and vineyard
  • January 16: Free day with evening flight back to the United States

Professional Visit/Tour Topics (Tentative Itinerary—subject to change):

  • International trade and commerce; impact of credit crunch on operations and reasons behind Chile's relative immunity in the face of international crisis
  • Importance of the mining and metals industry to Chile's economy; the effects of the drop in commodity prices on company growth and the adaptation of its strategy; discussion on sustainability in the natural resources industry; visit to copper refinery
  • Export and marketing strategy worldwide and overview of the wine making process facilities and product
  • Marketing strategy and cultural differences between the United States and the Latin America market; what gives a company its competitive edge against its rivals
  • Agribusiness in Chile
  • Logistics chain efficiency and infrastructure challenges in the Empresa Portuaria Valparaíso, an autonomous state entity in Chile that administers, exploits, develops, and maintains the Valparaíso port
  • Cross-cultural consumer behavior and branding for societies with lower GDP
  • Chile's social gaps, real, class mobility, challenges of managing a nonprofit organization in South America
  • Chile's economic and political climate
  • Cultural exploration
    • Valparaiso—Chile's principal shipping port and declared a UNESCO World Heritage
    • Viña del Mar
    • Andes Mountains and Maipo Canyon

Intercontinental Hotel5 nights double occupancy.
Sheraton Miramar Hotel and Convention Center2 nights double occupancy.

Single rooms are available with an additional $585 supplement, which can be added to your program fee.

Step IEMBARC Registration

MBA-PM students wishing to participate in this course (MBA:#235/6N:235) must contact Nicole Vogt (email: nicole-vogt@uiowa.edu ; Tel: 319-335-0143). Nicole will enter your course request into EMBARC.

Step IISubmit MBA-PM Application Packet (Application Packet Deadline: November 19, 2009)

Submit the MBA-PM Application Packet by November 19, 2009. (See page 3 of the Chile Application Form for directions on how to submit your application.) Packet includes:

  • MBA-PM 2009 Chile Application Form (3 pages)
  • Conditions of Participation (2 pages)
  • UI Medical Insurance Form (1 page)
  • Program Academic & Disciplinary Regulations (2 pages)
  • Medical Assessment Form (2 pages)
  • Copy of your passport photo page

Step ISubmit Full-time MBA Application Packet (Application Deadline: August 14, 2009)

Approximately 15 spaces are available for second-year Full -tme MBA students. Students must submit all documents in the application packet by August 14, 2009. (See page 3 of the Chile Application Form for directions on how to submit your application.) Packet includes:

  • Full-time MBA 2009 Chile Application Form (3 pages)
  • Conditions of Participation (2 pages)
  • UI Medical Insurance Form (1 page)
  • Program Academic & Disciplinary Regulations (2 pages)
  • Medical Assessment Form ( 2 pages)
  • Copy of your passport photo page