BMGT 469M: Doing Business in Singapore and Malaysia

May 19th, 2012 by under Uncategorized. No Comments.

Trip Overview:

The growth of Singapore over the past thirty years has been one of the greatest business successes ever.  Singapore has no natural resources, and had no industry but today it has become a truly global city.  Singapore has grown so fast because it takes full use of its citizens.  Singapore definitely fostered an incredibly strong entrepreneurial spirit.

Trip Details:

  • Estimated cost is $2350, not including airfare or personal expenses.
  • Included: UMD tuition, UMD $250 Education Abroad fee, lodging, multiple group meals, any required cultural activities, travel within countries.
  • Not included: personal expenses, most meals, trip insurance and international airfare.
  • Students are advised to purchase refundable tickets and travel insurance to counter any inconvenience caused by a change in the program’s itinerary.  Once the course is confirmed and you are admitted, the Faculty Director will provide a recommendation for international flights.  You are then urged to purchase your tickets for travel to/from the country.

Payment Information:

The program fee is divided into four separated charges that are applied to your account over the course of the fall semester:

  1. A non-refundable $50 application fee is due at the time of application.
  2. Upon admission, students are responsible for paying a $250 non-refundable deposit.  This amount must be paid online within a few days using a credit card (it is not charged to the student’s account).  Applications understand that if admitted to the program, they are responsible for paying this deposit, which is non-refundable under any circumstances.
  3. UMD $250 Study Abroad Fee.
  4. The remaining balance will be due upon registration.

All four charges add up to the published program fee.

Company Tours:

On December 27, 2011 forty University of Maryland Business students traveled to Singapore to partake in an amazing experience. This global immersion program led by Dr. Wellman introduced these students to a whole new culture. By visiting around twenty-five different companies the students had begun to grasp how different business cultures can be. This was a life changing experience and all students involved had an amazing time.

Click an image to learn about the companies that we had visited:
 

 

Cultural Takeaways:

Our class also were able to see the culture differences between Asia and America.  This can be seen in Americanized places such as Pizza Hut and McDonalds.  In Pizza Hut they serve “Curry Chicken” pizza and the food is served in bento boxes.   In McDonalds they serve a “Prosperity Burger” which is meant to bring good luck to its customer.  In Marina Bay Sands we learned that the Asian culture highly values the year of the dragon.  Singapore also has very strict laws but in turn, it makes it one of the safest and cleanest countries ever.

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