Venue: University of Alicante campus. GERMÁN BERNÁCER BUILDING (N. 36 Campus map) Classroom 5 & 12   Contact hours: 56 hours   Certificates: -  Certificate of Attendance (minimum of 80% attendance, will be handed in the last day of class) - Certificate of Achievement: Students need to pass their evaluation to obtain this certificate, it will be delivered after receiving final grades before the end of October 2025. Requirements: Intermediate English Level   Registration: From May 6 until the course is full. Online registration available: www.isp.ua.es   E-mail: summercourses@ua.es

 

DIRECTOR: Antonio Fuster Olivares
              Facultad de Ciencias Económicas y Empresariales.
              Universidad de Alicante.

CO-DIRECTOR: Shannon Breske
           College of Business.
            University of Missouri-Columbia, USA
 

DESCRIPTION

This four-week program, completely taught in English, is a unique opportunity for cross-cultural socialization between American and European students since classes are composed of students coming from the University of Missouri-Columbia (USA) and students from different European universities, including the University of Alicante. The program consists of two modules (please, read further details below), one offered by the University of Missouri-Columbia and one offered by the University of Alicante, during a four-week period. Each module comprises two courses; students participating in the program must attend one course of each module.   The SBP includes one company visit: Please, be advised that company visits are SUBJECT TO CHANGE depending on external factors (companies, representatives, etc.)

SCHEDULE

Classes run from Mondays through Thursdays (Fridays off)

- Monday, Tuesday 22, Wednesday, and Thursday (from 9:00 to 13:30): Classes on campus

- Tuesday, July 1: Cultural Trip to Guadalest and Altea (Optional cultural activity not included in the price)

- Tuesday, July 8: Cultural Trip to Fuentes del Algar (Optional cultural activity not included in the price)

-    Tuesday, July 15: company visit CARMENCITA factory

Classes are all in English and taught in the morning:
  9:00 to 11:00 Class Module A (Missouri)
11:00 to 11:30 BREAK
11:30 to 1:30 Class Module B (Alicante)
 

CLASSROOM

GERMÁN BERNÁCER BUILDING (N. 36 Campus map), classroom 5 & 12
 

 

MODULE A
University of Missouri

- Course 1: International Business - Management 3901 (Faculty: Prof. Timothy David Hill & Stacie Kathleen Kane, University of Missouri)

This course will provide you with an exposure to international business and the management complexities that arise from doing business globally. Our learning improves when we hear it, see it, and do it.  This course incorporates experiential learning to improve your understanding of challenges and opportunities in conducting business in Europe and North America.
We never stop having the opportunity to learn; however, it is up to each of us to seek learning.  I also believe that what you take away from an experience is directly correlated to what you put into it.  The more you engage in the experience, the more you will learn and develop.

Assignments:

Team Project 1:  Case Assignment – International Issues in Business

• Part 1: individual team member submission
  • Team roles, functions, and planning
• Part 2: Team Case/Presentation
  • Case Presentation
  • Analyze case using the Rational Decision-Making Model
    • Summary of the case
    • Define Problem (primary and other issues)
    • Identify potential solutions (multiple)
    • Recommend solutions for resolving primary problem

 

Team Project 2:  International Business Legacy Presentation:

Students will deliver a Legacy Presentation highlighting key takeaways from the course and how they will apply those concepts to make a global impact.

• Part 1: (individual submission)
  • Pitch deck
• Part 2: Team Presentation

This course will be conducted in a combination of lecture and discussion formats.  Because this is a business course relying significantly on short case analyses and discussion, it is important that students attend class, are prepared for class, and participate.  Business professionals are required to actively participate in team meetings and group discussions. You are expected to ask questions and/or make comments in class. All assigned readings should be completed on a timely basis prior to class.
One of the goals is to help students become more creative and insightful about international business issues.  Another is to have students reap the benefits of a diverse class population.

Course 2: Finance 3000, Corporate Finance (Faculty:  Stacy Jay Wright, University of Missouri)

The students will need to bring a Financial Calculator to each class meeting

Course description: Financial decision-making in a corporate environment. Time value of money, capital budgeting, cost of capital, working capital management and financial instruments issued by the firm.

This course introduces the function of finance in the corporation and the role a financial manager may play within an organization. Students examine basic financial management of business firms with emphasis on financial forecasting, financial analysis, operating and financial leverage, working capital and the financing decision, current asset management, sources of short-term financing, time value of money, valuation and rates of return, cost of capital and the capital budgeting decisions. Emphasis will be put on current events in finance and the relationship between finance and the economy.

Learning outcomes:

Upon successful completion of this course, students will be able to:

• Perform introductory and intermediate level time value of money calculations including future value and present value of a lump sum, annuities, and loan amortization.
• Derive meaning from financial statements.
• Assess risk, return, and diversification from the corporate and personal investors perspective.
• Describe various short term and long-term financing options for businesses.
• Solve valuation calculations for bonds, preferred stock, and common stock.
• Explain basic financial markets and financial market securities including common stock, preferred stock, bonds, and Treasury securities.
• Determine appropriate cashflows used to analyze a project.
• Calculate the cost of capital for a firm.
• Apply payback method, discounted payback, profitability index, internal rate of return, and net present value to capital budgeting decisions.
• Demonstrate knowledge of current events in finance.

      

A Financial Calculator with Time Value of Money Functions is required.  Students may choose and are solely responsible for understanding the operation of their financial calculator.  The Texas Instruments BA II Plus is strongly recommended for this course

MODULE B
Universidad de Alicante

- Course 1: Current issues in Intercultural Management: Leading Across Multinational Organizations (Faculty: Prof. Pilar Barra Hernández, Julián Sánchez Sánchez. University of Alicante)

Managers and business people must deal with the complexity of cultural differences. Business customs and practices are different around the world. Knowing how people and companies behave could be the key to success.  The objective of this course is to equip students with the tools to lead across a variety of cultures –effectively and confidently. The course will focus on: 1) introducing how national culture influences corporate culture; 2) recognizing cultural differences and their importance on business relationships; 3)  exploring intercultural communication; 4) learning both business etiquette and the way to negotiate; 5) analyzing the keys to improve business negotiations. This course provides a comprehensive view of Spanish business culture and behavior. Besides, real examples will be used to compare both corporate cultures and business behaviors around the world.

- Course 2: Current issues in International Marketing: International Marketing and Marketing in the European Union (Faculty: María Dolores de Juan Vigaray. Department of Marketing, Juan LLopis Taverner. Department of Business Organization  University of Alicante)

This course examines International Marketing and its application to international business. For a growing number of companies, being international is no longer a luxury but a necessity for economic survival. These and other issues affecting the world economy, trade, markets, and competition will be discussed. Special emphasis will be placed on cultural and environmental aspects of international trade, and integration of culture and marketing functions. Furthermore, the course discusses EU Marketing, where a global overview of European Marketing is provided, with European marketing strategies, understanding how the consumer mind works in a global market like Europe.

 

ORGANIZED WITH

 

 

Facultat de Ciències Econòmiques i Empresarials
Facultad de Ciencias Económicas y Empresariales