International Business in Italy

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.K., the U.S., and the entire world through company visits, guest speakers, and cultural activities.

Woman holding a pizza in Italy

Program Highlights

  • 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

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.

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

  • Pick one: Special Topics in Finance (FIN:4020 3 s.h.) or International Global Issues for Tippie (gen ed)
  • Pick one: For the International Business Certificate: International Business Section or Study Abroad Section
 
Italian building on the water

Important Dates and Application

The application for the 2019-20 program will open September 3rd. Early applications are encouraged. See the bottom of this page for upcoming info sessions, including online sessions, to learn more. 

Program dates 2019--2020

Depart US: December 29th, 2019
Arrive in Italy: December 30th, 2019
Depart Italy: January 11, 2020
UI Spring Semester begins: January 21, 2020

 Application

Program Costs

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

What's included in the program cost:

  • 3 semester hours of tuition
  • 12 nights of shared accomodation (8 in Padua, 4 in Paderno del Grappa)
  • Breakfast every day, 6 lunches
  • 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 (December 2019)
  • 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

Upcoming Info Sessions

Fri. 8/30            1pm PBB S401
Tues. 9/10 10am PBB W401
Thurs. 9/19 12pm PBB S104
Wed. 9/25 12pm PBB S104

Can't make a session? Contact stephanie-schnicker@uiowa.edu for more details!