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  • Locations: Hong Kong, Hong Kong; Saigon, Vietnam; Taipei, Taiwan
  • Program Terms: Winter
  • Budget Sheets: Winter
  • This program is currently not accepting applications.
Program Description:
Course DescriptionHousingItineraryEligibility / DeadlinesPre-Departure CourseCancellation PolicyCostScholarships / GrantsLinksMore Information 
BUS WT16

Course Description

ACC/FIN/BUS 277 IS   Business in the Pacific Rim   4 S.H.

The world has seen some dramatic economic and financial changes in the past decade. One of the biggest stories has been the remarkable growth of the emerging economies. This short term study abroad course, comprising a 1 credit-hour STA course in the fall semester and a 4 credit-hour winter term course, considers the impact of growth in these economies on global growth and balance.
 
Our course explores the impact of emerging markets using the perspective of influential works of contemporary finance and economics such as Jim O’Neill’ (2011) “The Growth Map: Economic Opportunity in the BRICs and Beyond” and Thomas Friedman’s (2005) “The World is Flat”. The former book by the retired chairman of Goldman Sachs Asset Management, who coined and popularized the ubiquitous BRIC acronym, describes the author’s vision of the future for emerging markets – Goldman Sachs’ research papers contributed greatly in opening the floodgates of financial investment flows into emerging markets. The latter book describes the flattening of the business world due to increasing digital connectivity and ease of international travel and trade, and highlights the impact on both the developed and the developing countries. 
 
Students on this course should gain immensely from a deeper understanding of the significant opportunities, and of the challenges, brought about from a flatter, better connected world – with significantly higher future growth prospects in the developing world as compared to the developed economies.

Prerequesite: GBL 177. Application and acceptance required. Additional travel fee is required. Satisfies one unit of experiential learning toward fulfillment of the Experiential Learning Requirement. This course serves as a 200-level elective in Accounting, Finance, or Business, and counts towards the Asian Studies minor.

  • Grades count toward an Elon GPA.

  • Study abroad courses may not be taken on an audit or pass/fail basis.

Location Description

In this course, students experience the distinct societies of Vietnam, Taiwan, and Hong Kong through the lens of business and cultural activities. In each location, we will examine the influences of economic development and emerging trends in global business. The central focus of the course is to ensure the student can observe first-hand how business is conducted within these diverse regional economies. Throughout the program, students will be able to compare their Pacific Rim experiences with their own U.S. culture through interactions with business executives, government officials, and academics on business visits, as well as through cultural field trips.
 
We start in Vietnam which is a developing country with a dynamic and growing economy that has begun to flourish since it instituted substantial economic reforms and reestablished diplomatic relations with major trading partners including the United States in the late 1990s.   Vietnam joined the World Trade Organization in 2007, and is now a major exporter to the United States of apparel, seafood, and a wide range of other household and industrial products.  Our visit to the financial capital Saigon (also known as Ho Chi Minh City) highlights Vietnam’s rapidly-changing economy with a vibrant culture, and serves as a dramatic contrast to Hong Kong.
 
Our next destination, Taiwan ROC, is a highly developed, market-based economy located in the middle of the Pacific Rim. With an economy very distinct from its large neighbor China PRC, it is an interesting contrast to the much larger economy.
 
We finish up in Hong Kong SAR, which since the handing over to China in 1997, operates as a Specially Administered Region (SAR) under the “one country, two system” agreed formula.  It is an intriguing mix of Western free-market capitalism and Chinese state capitalism and provides a perfect location for finishing the course.
 
Through these travels, we expect students to gain a sense of differing business and economic systems, and of the challenges facing these developing countries in balancing rapid urbanization and industrialization with their traditional rural economic base, and in spanning the gaps between rich and poor.


Housing

Students will be housed in shared accommodations.


Tentative Itinerary

  • Vietnam

  • Taiwan

  • Hong Kong 

 Note: Itinerary is subject to change due to availability of local facilities and scheduling issues.


Eligibility & Application Deadlines

The eligibility requirements specific to this program are listed in the Fact Sheet at the top of this brochure.

See the Deadlines and Events Calendar for the most up-to-date deadline information. 

  • February 28, 2017:  All Fall 2017 travel-embedded and Winter Term 2018 Study Abroad and Study USA programs are announced.
  • March 6, 2017: Priority period begins for all programs. 
  • 11:59 PM, March 16, 2017: Priority period deadline.  All applications received during priority period are reviewed for eligibility and merit rather than time of submission. 
  • March 28, 2017: Notification begins.  The GEC will send notifications via email for all applications received by priority period deadline.
  • March 28, 2017: Change period begins.  Students that submitted applications during the priority period can switch into available programs by submitting a Change Form (available March 28). 
  • March 30, 2017: Rolling period begins.  New applications will be accepted and reviewed on a space-available basis.
  • August 31, 2017: Final deadline for Study Abroad programs.
  • September 4, 2017:  Deposit refund deadline for Study Abroad programs.  Students accepted to Study Abroad programs that cancel after this date will not have the deposit refunded.**
  • September 14, 2017:  Final deadline and refund deadline for Study USA programs.  Students accepted to Study USA programs that cancel after this date will not have the deposit refunded.

Students are required to take the fall pre-departure course associated with this Winter Term course. All students will automatically be registered for the pre-departure course but must register themselves for the Winter Term course during pre-registration for Winter Term.


Pre-departure Course: BUS/ACC/FIN 177 IS

This Winter Term course has a required one semester-hour fall pre-departure course associated with it. Students accepted into the Winter Term course will be automatically registered for the associated fall course. There is no additional cost for the pre-departure course for students who are registered full-time even if the one credit creates an overload for a student's registration.

It is Elon University policy that students who are registered part-time for the fall semester will be charged the additional one credit hour of tuition for the fall pre-departure course. Students will also be charged four credit hours of tuition for Winter Term in addition to the program fees. If students contact the Bursar's office to verify that they will be enrolled full-time in the spring semester, the four hours of Winter Term tuition will not be collected. 

There will also be a required meeting about the course in May.

Spring Meeting Information

This course will meet on Thursday, May 4, 2017, from 4:15-5:15 p.m. in KOBC 310.

Fall Course Meeting Information

This course will meet on the following dates, location to be announced:

  • Thursday September 7, 2017, 4:15-5:15 p.m.
  • Friday September 22, 2017, 3-8 p.m.
  • Friday October 20, 2017, 3-8 p.m.
  • Friday December 1, 2017, 3-8 p.m.
  • Friday February 16, 2018, 3-8 p.m.

Cancellation Policy

To cancel your participation in a program, complete the Winter Term Withdrawal questionnaire in your application.

Per the Study Abroad Policies webpage, please note the following payment and cancellation deadlines:
  • September 4 - October 2, 2017:  Students accepted to Study Abroad programs that cancel within these dates will not have the deposit refunded.
  • September 15 - October 2, 2017:  Students accepted to Study USA programs that cancel within these dates will not have the deposit refunded.
  • October 2, 2017: Full payment deadline.
  • October 3 - 9, 2017: Students that cancel within these dates are responsible for 50 percent of the cost of the program.
  • October 10 - 18, 2017: Students that cancel within these dates are responsible for 75 percent of the cost of the program.
  • Oct. 19, 2017: Students that cancel on or after this date are responsible for the full program cost.
Note: You are responsible for the costs noted above if you cancel regardless of whether you have paid the program fees at the time of cancellation.

Deposit Refunds - If you have paid the deposit and are cancelling your participation prior to the deposit refund deadline, the amount will remain as a credit on your account to be applied towards the following semester’s billing. If you have any questions about your deposit, you may contact the Bursar’s office at bursar@elon.edu or 336.278.5300.

*All students are automatically enrolled in a travel insurance policy through iNext, an outside insurance provider. This policy covers students who must cancel their participation due to serious health issues that occur after October 1. In some instances (evaluated on a case-by-case basis) the travel insurance may insure against changes in mental health. The insurance does not cover any other changes in circumstances such as disciplinary or academic status; job, internship, graduate school or theatrical performance opportunities; leadership opportunities on campus; fear; other personal issues. Students who must cancel their participation after the final day to have the $400 deposit refunded may be able to seek a refund through the travel insurance company.

If airline bookings have already been made by the time of a student's cancellation, some airlines may issue the student a voucher for the value of the ticket less some penalty fee for change in ticketing. These are usually valid for 12 months with the airline issuing the ticket. The airline can provide specific details.


Cost

Costs for study abroad vary program to program and are in addition to the tuition for Winter Term (included in fall semester tuition/bill). 

Basic cost information is available on the Cost and Credit Chart.

Detailed cost information is available on the budget sheet (link at top of page).

Scholarships/Travel Grants

Students seeking need-based financial support are encouraged to apply for the GEC Access Scholarship.

For additional information on scholarships or other funding for study abroad, see the Financial Planning for Global Study page.

If you qualify for a travel grant through any of the fellows or scholars programs, see the appropriate program director for more information on how to apply the grant to your study abroad program. Visit the Deadlines and Events Calendar for travel grant deadlines.


Additional Links

Read the most recent blog posts from students on this program:

Global Ambassadors are GEC student representatives that have participated in one or more study abroad programs and have been trained to speak about their experiences. You can be in touch with current Global Ambassadors via email--they are looking forward to hearing from you!

Want to know more? Connect with the GEC, alumni, and prospective students on Facebook, Instagram, and Twitter. And keep in touch with us using #ElonGlobal!


For More Information

Program Leader 1: Neeraj Gupta

Department of Finance

Koury Business Center (KOBC) 228
2075 Campus Box, Elon, NC 27244

336.278.5962

ngupta@elon.edu

 

Program Leader 2: Sharon Hodge

Professor of Marketing 
Koury Business Center 330
2075 Campus Box Elon, NC 27244 
336.278.5926
shodge@elon.edu

Isabella Cannon Global Education Center (GEC)
Global Commons 360
2375 Campus Box, Elon, NC 27244
336-278-6700 (phone)
336-278-6692 (fax)
global@elon.edu

 

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Testimonial:
I learned that the world is large but also flat. It's large because there is life everywhere and in so many different forms, but it's flat because we live in such a globalized world where everything is connected somehow.
     — Joshua Benjamin Klein, Winter 2015
Dates / Deadlines:
Term Year App Deadline Decision Date Start Date End Date
Winter 2018 03/16/2017
03/28/2017 01/03/2018 01/24/2018
NOTE:
  • March 6: Priority period begins.
  • 11:59 PM, March 16: Priority deadline.
  • March 28: Decision date; Change period begins.
  • March 30: Rolling period begins.
  • 11:59 PM, Aug. 31: Study Abroad final deadline. Application deposit is non-refundable after this date.
  • 11:59 PM, Sept. 14: Study USA final deadline. Application deposit is non-refundable after this date.
  • See the Deadlines and Cancellation Policy page for full deadline information.

    The start date is the date students are expected to meet at the U.S. departure airport. The end date is the date students will meet back at that same airport.

    These dates reflect the best information available to the GEC but are subject to change. Please do not purchase domestic flight tickets based on the dates listed here.


    Indicates that deadline has passed

    This program is currently not accepting applications.