April 2010 - Volume 18 Issue 2

MSU-CIBER Newsletter

Success Story

globalEDGE

Michigan State University's globalEDGE web site is hands down the best source of information about the countries, industries, and technologies with the most promising growth potential for U.S. companies doing business overseas.

Noel Nevshehir - Director of International Business Services, Automation Alley

New study abroad program to Argentina and Chile

This May, 19 Master of Science in Accounting students will travel to Chile and Argentina to get hands-on experience doing business internationally. "The goal of the trip is to make the students more globally aware and receptive to the possibility of working for an international firm," said Joe Anthony, professor of accounting and information systems. "There is certainly interest and demand for these kinds of experiences on the part of the large international firms that hire many of our students." As a part of the newly launched program, students will spend 11 days in Buenos Aires, Argentina, and Santiago, Chile, meeting with firms, listening to speakers and interacting with local accounting master's students. The program also includes six weeks of classes at MSU before the students depart. They will cover topics including Chilean and Argentinean social norms, language, culture and business practices. Anthony said the group will meet people at U.S. firms that have operations overseas, as well as large Chilean and Argentinean firms, so students will experience some of the problems and issues of doing business as a multinational, particularly in Latin America. It is a good time for students to learn more about Latin America, because the region is increasingly important for U.S. businesses. Recently, Chile recently signed a tax treaty with the U.S. that will promote increased trade, Anthony said. On January 1, Chile adopted international financial reporting standards, which the U.S. is planning to adopt in the next five years, Anthony said. This trip will be a good way to see how the country is adopting and implementing these standards, which will be useful in the U.S. in the future for these students. Anthony is setting up joint class activities with the University of Chile, including meeting high-ranking members of the Chilean government with a Chilean class of accounting master's students. The partner professor at the University of Chile, Freddy Coronado, is an alum of the MSU accounting Ph.D. program. Anthony, who has previously led executive MBA programs to Europe and Asia, believes that these kinds of international experiences are essential. "The world has simply changed. The idea that you are only going to work in a local or domestic market is past history," he said. MSU-CIBER and the Department of Accounting & Information Systems provided travel support to plan Anthony's exploratory trip. MSU-CIBER offers grants to faculty, doctoral students and staff for curriculum development, professional development and research. For more information on the study abroad program, visit the Study Abroad Office website: http://studyabroad.msu.edu/.

Upcoming Activities

April 6, 2010 Lansing Economic Club - Phil Power
Phil Power, President of the The Center for Michigan, will speak.

April 7, 2010 Annual NASBITE International Conference
"Setting the Stage for Trade" - theme of 23rd annual NASBITE International Conference. The annual NASBITE International conference is a great opportunity to increase your knowledge and learn best practices from leading trade professionals and trade educators from around the world. You will interact with other global trade professionals and NASBITE members in a dynamic forum designed to increase your knowledge and skills in global trade.

April 17, 2010 World Languages Day
On Saturday, April 17, 2010, MSU will again invite hundreds of high school students, teachers, administrators, and parents to campus to explore a world of languages during the Sixth Annual World Languages Day. Free to all participants, this day-long conference will focus on the experiences that languages offer, and highlight the opportunities available for language and international study at MSU.

May 6, 2010 Lansing Economic Club - Regionalism Forum
This meeting of the Lansing Economic Club will be a regionalism forum.

May 12, 2010 4th Annual FDIB-Africa
The 4rd annual FDIB-Africa program, to be conducted in South Africa, Kenya and Tanzania, will once again combine over two dozen business visits, cultural experiences and academic visits and lectures over 16 days, to initiate and/or enhance faculty awareness and insight in the business, academic and cultural world of sub-Saharan Africa.

May 19, 2010 2010 Faculty Development in International Business - European Economies in Transition
Countries in Central and Eastern Europe are moving at varying rates of speed towards open-market economies, membership in the European Union (EU), and democratic republics. This faculty development in international business (FDIB) program offers business faculty exciting opportunities to explore the progression of three emerging markets through a multicultural trip directed by Professor Bob Donnorummo. Beginning on May 19, 2010, program participants will take a 12-day trip to visit the Czech Republic, Croatia, and Turkey. Participants will develop an understanding of regional business and economic integration issues among these markets. This program also will examine the relationship between these markets, world markets, and other regional markets, such as the EU. The trip will involve lectures on economic and business conditions, group seminars, and company and governmental visits.

May 23, 2010 HBCU Globalizing Business Schools Conference
The Conference will provide an opportunity to learn more about:(1)The importance of international and interdisciplinary business education for faculty and students at HBCUs. (2)Equipping HBCU faculty with the knowledge to incorporate international content into existing business courses and/or develop new courses, pedagogical tools, and research. (3) Assistance provided by sponsoring CIBERs to facilitate and implement an international business education program on HBCU campuses. (4) Tools and techniques for acquiring Federal grant funds (especially a BIE) to support internationalization efforts at HBCUs. (5) Opportunity to gain first-hand experience through Faculty Study Abroad programs.

May 26, 2010 CIMaR 2010 Conference
The 2010 Consortium for International Marketing Research (CIMaR) Conference will take place in Oslo, Norway May 26-29. BI Norwegian School of Management as organizer of the 18th conference takes the relay of Beijing (2009), and Rio di Janeiro (2008).

About MSU-CIBER

The Center for International Business Education and Research in The Eli Broad Graduate School of Management at Michigan State University (MSU-CIBER) was designated in 1990 as a National Resource Center in international business by the U.S. Department of Education. In this capacity, the mission of MSU-CIBER is to leverage our leading-edge competencies to provide superior education, research, and assistance to businesses, public policy makers, academics, and students on issues of importance to international trade and global competitiveness using our guiding principles as the foundation. If you no longer wish to receive this newsletter, you can unsubscribe from our mailing list.

April 2010 - Volume 18 Issue 2