Institute for International Business

International Program in Hong Kong & Southern China

Travel Dates: January 4-13, 2011

NOTE: Students need to depart the United States on January 4 to arrive in Hong Kong on January 5.

Hong Kong is one of the world's most open and dynamic economies and often recognized as a highly developed capitalist economy making the city one of the most free in the world. U.S. companies have a generally favorable view of Hong Kong due to its business environment, including its legal system and the free flow of information, low taxation, and infrastructure. This trip will extend into the southern part of Mainland China (Guangdong Province). In the past, this trip has included a presentation from the chief economist in Hong Kong, several factory visits (sporting goods, apparel, and other consumer goods), banking visits, presentations by ex-pats working for American companies partnering in China, container terminal tours, and more. Hong Kong's temperatures for January range from 65 F as an average high and 57 F average low. January is typically a dry month for Hong Kong.

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

Required Predeparture Class Meeting (includes predeparture orientation)
Sunday, December 2, 2012

Location: Room C425 Pomerantz Center (PC), University of Iowa [View Additional Driving/Parking Directions]

Departure: January 4, 2013
Students will need to depart the United States on January 4 to arrive in Hong Kong on January 5. Students will be advised of a time window in which to arrive if they wish to take advantage of the group transfer from the airport to the hotel.

Return: January 12, 2013

Program Fee: $2,600

  • Program fee includes:
    • Hotel accommodations—8 nights;
    • Breakfasts and a few other meals (welcome and farewell meals plus a few others);
    • Class session and orientation program in Iowa City, Sunday, December 2
    • Group transfer from HK airport to hotel, and from hotel to the HK airport (Students must arrive and depart within designated time window to take part in the group transfer from the HK airport to the hotel; Times will be provided later.);
    • Group visa to Mainland China;
    • Arrangements and transportation to/from all professional visits and cultural excursions;
    • Internal transportation (such as transportation between cities);
    • Classroom facilities;
    • 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.)

Other Costs:

  • Tuition
    • MBA-PM Students: $1,500 (charged on November 2012 U-bill)
    • Full-time MBA Students: Assessed as part of the 2012 fall semester tuition.
  • Airfare: $1,350-$1,500 (estimate)—arranged individually, NOT included in the program fee.
  • Single-Room Supplements: Students who elect to have a single room will have an additional $735 added onto their program fee.
  • Visa and Entry FeesU.S. Citizens:
    • No visa required for U.S. citizens to enter Hong Kong.
    • A group visa to enter Mainland China is required and is included at part of the program fee. (Students will need to provide a legible copy of their passport photo page to be part of the group visa.)
    • Students wishing to travel to Mainland China either before or after the program will need to arrange a multi-entry visa. The program's group visa will not cover independent travel to Mainland China.
  • Visa and Entry FeesNon-U.S. Citizens:
    • Non-U.S. citizens will need to check for any fees or visa requirements required for both Hong Kong and Mainland China.
    • Mainland Chinese citizens will need to arrange the special documentation required to enter Hong Kong.
    • These costs are not included in the program fee.
    • When needed, an official University of Iowa letter of intent can be provided.

Financial Aid:

  • Admitted students who are eligible for financial aid can receive aid (loans) for the following costs associated with this program:
    • tuition;
    • program fees; and
    • travel
  • If you plan to seek financial aid through the University of Iowa's Office of Student Financial Aid, you MUST notify the MBA office.

6N:235 EXK or 002 Seminar in International Business: Going & Growing Global in China
(3 semester hours)
Instructor: Mikhail Grachev

Course Expectations and Workload

Students are required to attend the December 2, 2012 predeparture class in Iowa City as well as all class meetings, professional visits, and other scheduled events while in China.

A course syllabus and assignments will be posted later in the fall. Students will have assignments for this class that will be due prior to the December session and prior to departing for China. These assignments will better prepare students for class discussions on December 2 and the professional visits in Hong Kong and China. In addition, a final project/paper/presentation will be due shortly after the students return to the United States.

For MBA-PM students: This 3-semester-hour course can be used as an elective or as a substitute for the 6N:223 Global Business Strategy core course.

This course is considered a Fall 2012 course.

Students will spend two nights in Hong Kong and two nights in Guangzhou.

  • January 5: Arrive in Hong Kong
  • January 6-7: Professional visits and class meetings in Hong Kong
  • January 8: Depart Hong Kong for Guangzhou, China
  • January 9-10: Professional visits in Guangzhou
  • January 10: Return to Hong Kong
  • January 11-12: Professional visits and class meetings in Hong Kong
  • January 13: Depart Hong Kong for United States

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

  • General overview of HK/China's international trade and commerce; impact of credit crunch on operations in China;
  • Export and marketing strategy worldwide;
  • Marketing strategy and cultural differences between the United Statesand the Chinese market; what gives a company its competitive edge against its rivals;
  • Agribusiness in China;
  • Logistics chain efficiency and infrastructure challenges in a port city;
  • China's economic and political climate;
  • Benefits and challenges for multinational companies operating in China; and
  • Global expansion strategy.

Hotel Accommodations in Hong Kong and China:

Hong Kong Hotel: Park Hotel-Kowloon
Guangzhou Hotel: The Garden Hotel
Shenzhen Hotel: Shangri-La Shenzhen

Notes:

  • While we are fairly certain these are the hotels you will be staying at, they are subject to change.
  • Single rooms are available with an additional supplement of $566, which will be added to your program fee.

Step IEMBARC Registration

Please email Nicole Vogt with your registration request.

Step IISubmit MBA-PM Application Packet (Application Packet deadline is September 15, 2010):

Submit the MBA-PM Application Packet by September 15, 2010. (See page 3 of the HK-China Application Form for directions on how to submit your application.)

NOTE: If you are unable to meet the September 15 deadline, please email Nicole Vogt

Packet includes:

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

LIMITED SPACING: There are 40 slots available for this program of which 25 spaces have been reserved for MBA-PM students. If the number of applications exceed the number of spaces available, a lottery will be held.

Step ISubmit Full-time MBA Application Packet (Note that the Application Deadline is moved back to September 22, 2010.)

Submit the MBA-PM Application Packet by September 22, 2010. (See page 3 of the HK-China Application Form for directions on how to submit your application.) Packet includes:

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

LIMITED SPACING: There are 40 slots available for this program of which 15 spaces have been reserved for Full-time MBA students. If the number of applications exceed the number of spaces available, a lottery will be held.