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Global Business Project

Global Business Project. What is CIBER? What is the Global Business Project/GBP?. What is CIBER?. C enter for I nternational B usiness E ducation and R esearch. 33 Federally-funded centers in the U.S. Activities designed to: Provide a rich array of international experiences to students

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Global Business Project

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  1. Global Business Project

  2. What is CIBER? • What is the Global Business Project/GBP?

  3. What is CIBER? Center for International Business Education and Research • 33 Federally-funded centers in the U.S. • Activities designed to: • Provide a rich array of international experiences to students • Contribute to our community’s understanding of international affairs • Initiatives on the following themes: • Government Policy • Emerging Markets • Global Entrepreneurship • Sustainability

  4. What is GBP? Global Business Project • Consortium of 12 CIBER schools • Provides hands-on international consulting projects for MBA students • Partner with international universities • Work with various kinds of companies (multinational, local, etc.) • Collaborate with students from across the country (and maybe overseas) • A 3-credit course – BUSI698

  5. Develop and apply • cross-cultural • communication • foreign language and • virtual teaming skills • while working on • real projects for • real companies.

  6. CIBER GBP Consortium Members • Columbia University • University of Connecticut • Duke University • George Washington University • Purdue University • San Diego State University • Temple University • University of Maryland • University of Miami • University of North Carolina - Chapel Hill • University of Pittsburgh • University of Wisconsin-Madison

  7. Countries of CIBER GBP Program

  8. Dynamics of CIBER Consulting Projects • Clients may be U.S. or foreign company • Experience the impact language and culture have on doing business abroad • Team members are MBAs at CIBER partner schools • Training on TEAM Focus consulting models • Virtual team meetings

  9. Particulars of CIBER GBP Program • International Partners in most countries • Teams comprise mix of students • Language learning is required • Mandatory Kick Off weekend in DC and Hub City weekend in host country • Two weeks in host country for consulting project • Final deliverables • Final grade assigned by Smith School faculty of record

  10. GBP Timeline • Nov 15, 2011 Studentapplication due at: www.gbp-ciber.unc.edu • Dec 10, 2011Notification of Student selection and team • Dec 15, 2011 Student commitment anddeposit due ($500) • Jan 15, 2012 Balance of student fee due ($1,000) • Mar 9-11, 2012 GBP Kick-off Weekend in Washington, DC • May 18-20, 2012 Hub City Weekend in host country • May 21-Jun 1, 2012 Consulting work in host country • Jan– May, 2012 Independent Language Learning

  11. Kickoff WeekendMarch 9-11 • Washington, DC Meet team members, faculty advisors and company representatives

  12. In-countryLast two weeks in May

  13. GBP Finances Fixed Costs • Program Fee: $ 1,500 • Study Abroad Fee: $ 250 • Tuition for a 3 credit course $ 4,275 (or $5,085) Variable Costs • International Airfare to Host Country ~$1,500 • Some in-country meals ~$ 250 TOTAL = ~$7,775 (or $8,585)

  14. Expectations Students can expect to… Work hard (it is a 3 credit course) Face uncertainty and ambiguity Gain real-life experience Experience the challenges (and opportunities) of being a member of a diverse team Encounter variability across projects HAVE FUN! CIBER expects students to… Work hard Represent the Smith School in the best possible fashion Share their experiences (blog) Be an ambassador for GBP in the future HAVE FUN!

  15. Don’t take our word for it… CIBER projects allow participants to experience not only the business how-to, but also the culture how-to. - Rafael Cortes, MBA ‘12 It was a perfect way to end my 1st year of the MBA program because it was an opportunity to put everything I learned the last school years in action. I truly enjoyed the project, and it really was THE highlight of my 1st year MBA program. - Makiko Hotoda, MBA ‘12 Being a Project Leader in the CIBER GBP was my first real experience in project management. I grew a lot in my ability to lead and manage a team of people through ambiguous circumstances. -Stephen Huie, MBA ‘12

  16. Thank you! • If you have any questions, please contact us at CIBER (VMH 4570U) • Chris Olson – clolson@rhsmith.umd.edu • Karen Watts – kwatts@rhsmith.umd.edu

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