International Business in Italy

Winter 2020 Announcement:

Due to the ongoing impacts of COVID-19 and our continued commitment to health and safety, the International Business in Italy program is cancelled for winter 2020. Tippie will be offering two global programs in a remote, virtual format. Programs will not involve international travel in Winter 2020. They will be entirely virtual and are approved to count for Tippie RISE. 

Virtual International Business in Italy: A virtual trip to Italy to examine the business, social, and political response to the pandemic.

This experience will explore international business at a time of disruption, looking at economic, political, and financial implications of the pandemic in Italy and the European Union. The class will be filled with hands-on cultural experiences that you can do from home.

Virtual International Business and Consulting Projects in the Asia Pacific Region

Gain a deeper understanding of international business in Australia, New Zealand, Singapore, and Hong Kong through a virtual course and hands-on consulting project. Learn how to work with an international client remotely while collaborating with a team to create real world business solutions for a company.

Woman holding a pizza in Italy

Program Highlights

Immerse yourself in Northern Italy over winter break and gain a unique firsthand perspective of the business decisions facing leaders in the Eurozone today. Dive deeper into the economics, finances, and geopolitics that impact not just the EU, but the U.S., and the world through an interactive class, guest speakers, and cultural activities.

  • 13 days in Northern Italy during holiday season (New Years and Epiphany)
  • Experience multiple towns, including Padua, Venice, Verona, Asolo, Bassano del Grappa, and Paderno del Grappa
  • Visit prominent local businesses and learn from industry guest speakers
  • Incorporate Italy’s international environment directly into classroom topics
  • Earn credit toward a finance major or the international global issues gen ed
  • Fulfill a portion of the International Business Certificate
  • Enjoy cultural excursion days and free time to explore Italy
  • Scholarships available

Course Offering

International Business in Italy offers a custom class each year designed to address current economic and financial events. While the course number will stay consistent, the class topic will change each year.

Course credit satisfies Tippie RISE and also counts in the following ways:

  • Pick one: FIN:4020 Special Topics in Finance- major upper-level elective or International Global Issues Gen Ed for Tippie students
  • Pick one: For the International Business Certificate: International Business Section or Study Abroad Section

Here is a sample past offering:

FIN:4020 Special Topics in Finance- International Trade & Finance: European Union or European Discord?

Brexit. Grexit. Italexit. Negative interest rates and increasing tariff rates. Global trade and regional concerns.

Europe is facing economic and political decisions that will drive the future of the worldwide economy. Using Italy as our local environment, we will learn about the history of the European Union, the development of the Eurozone, and financial and political challenges being addressed. 

  • Regional trade – Why is Brexit so important? Could Italy follow the same path?
  • Central banking – Why is ECB (central bank) policy potentially at odds with Italian fiscal policy?
  • Tariffs and trade wars – Why was China’s visit to Italy unique and controversial? What does U.S. trade policy mean to average Italians/Europeans?

Students will come away with a better understanding both of doing business in Europe and of the United States’ position in a global business environment.

Italian building on the water

Important Dates and Application

In past years, the program dates have been late- December - mid- January. 

Due to COVID-19, information about the program's status, dates, and application for winter 2020-21 is not available. We will update this webpage as information becomes available, and aim to release details in July 2020.

To stay up to date, email stephanie-fountain@uiowa.edu to be added to the email update list. Details will be shared through the summer via email.

Program Costs

The typical program fee is expected to be $3,500 - $3,800.

What's included in the program cost:

  • 3 semester hours of tuition
  • 12 nights of shared accommodation in different cities
  • Daily breakfast 
  • Lunch on class days
  • Welcome and gourmet departure dinner
  • Italian cooking class
  • Company speakers
  • Cultural trips to Venice, Verona, and Bassano
  • Ground transport to and from airport and course events
  • 24/7 staff support from CIMBA Italy
  • UI study abroad administrative fee
  • Mandatory Iowa Regents CISI insurance  

What's not included in the program fee:

  • Round-trip airfare ($800 - $1,800)
  • Meals not listed in the program fee
  • Personal expenses and travel
  • $50 application fee charged to U-Bill at time of application

Purchasing airline tickets

Students are advised NOT to purchase tickets until the program's status is confirmed. In mid-October, students will be informed about whether there is sufficient interest to offer the trip. Instructions about purchasing tickets will be shared at that time.

Woman walking up an Italian street

Eligibility

To have the best possible experience, applicants must meet the following requirements:

  • GPA: 2.75 UI and cumulative
  • Sophomore+ standing
  • Minimum 30 s.h. completed prior to program
  • Academic Prerequisites: FIN:3000 or approval of program director
  • Ability to obtain required visa (not required for U.S. citizens)

If you have questions regarding eligibility requirements, contact the program director stephanie-fountain@uiowa.edu prior to submitting an application.

Italian town in the mountains

How do I learn more?

To stay up to date, email stephanie-fountain@uiowa.edu to be added to the email update list. Details about information sessions will be shared via email.