China:: Summer

The Ascent of the Chinese Economy

What You Need to Know

If you want to experience Shanghai, one of the most dynamic cities in China and the driving force in China’s economic ascent, this program is for you. You’ll explore issues, such as how accessible is the Chinese market for international investors? What are the risks involved? Will China’s consumer sector mature? Will China’s business systems operate in an appropriate regulatory and legal environment?

You’ll examine the challenges facing China—as well as the obstacles encountered by international firms wishing to formulate a "China strategy." Students will learn about China's economic transition, its cultural treasures, and the character of its institutions and people. Field trips to business and financial institutions allow students to witness dynamic Chinese market environments in action. A field trip to Beijing is planned.

Take another look at the program: http://myweb.whitman.syr.edu/cchung/dipa_sha/

Courses

Students must enroll in the following two courses:

International Financial Management
(FIN|INB, 457/657|400/657, 3 credits, undergraduate or graduate)

Examine issues important for international investors and corporate managers. This course focuses on international investment and capital flows, balance of payments and trade, international money market, foreign exchange, and derivatives. Prerequisite: One course in economics.

Chinese Economic Reforms and Market Environments
(FIN/INB, 400/600, 3 credits, undergraduate or graduate)

This course provides a historical overview of China's economic reforms since 1979. It will examine China's transition from a planned economy with limited participation in world trade to a premiere destination for foreign investment in barely a quarter century. China has emerged as the worlds manufacturing floor, exporting such goods as clothing, computers, and toys all over the world. One course in economics is a prerequisite for this course.

Finance

Management & International Business

Faculty

Chung Chen is an Associate Professor of Finance at the Whitman School of Management. He is one of the Board Members of the Shanghai-Syracuse International School of Business, located in Shanghai. He has been working with a number of U.S. and multinational firms in developing strategies for entry into the Chinese market. He also has been serving as a consultant for Chinese government agents in promoting international trades between China and U.S.A. He has been traveling to China since 1989. Students are encouraged to contact Professor Chen by e-mail: cchung@syr.edu.

Eligibility and Requirements

Upper level undergraduate and graduate students are eligible to apply to this program. Admission to the course will be based on academic qualifications and seriousness of purpose. Applications are especially encouraged from those studying or intending to study business, economics, public administration, or other related fields. Enrollment will be limited.

Travel and Living

Students arrange and pay for their own round-trip transpacific transportation to Shanghai. They should arrive in Shanghai.

Advantage Travel specializes in student fares and can assist with flight arrangements for your summer program. For more information, please contact Sally Curtis at scurtis@advantagecny.com or 1-800-788-1980.

Please note that while we encourage students to pursue flight arrangements, we would not encourage you to purchase your airline tickets before confirming that the program and courses you plan to take will be offered in 2010. Please request written notification from us that you can book your flight. You will have to present this notification if we cancel the program at a later date, and you want to be reimbursed for the cost of the ticket.

You will need to arrange and pay for your own visas. SU Abroad will provide visa information. Transportation for course-related field trips is arranged by SU Abroad.

Housing is arranged by SU Abroad. Students are housed in single rooms with private bath in a hotel in Shanghai. During out-of-town field trips, students are housed in shared rooms with private bath. All rooms are air-conditioned and have Internet connection. Meals are not included.

Dates

Housing begins:May 23, 2010
Program begins:May 23, 2010
Program ends:June 19, 2010
Housing ends:June 19(a.m.)
Application deadline:March 1*

* Applications received after March 1 will be considered if there is still space in the program.

Costs

UNDERGRADUATE (6 credits)
Tuition$5,592(estimated)
Program Fee$3,480 (2009 rate)
Total
GRADUATE (6 credits)
Tuition$6,978(estimated)
Program Fee$3,480 (2009 rate)
Total

Please note: All costs are estimated and subject to change.

Additional Financial Information: We estimate that students should budget accordingly for the following expenses:

Air travel: $1,600
Books & Supplies: $100
Personal: $300
Meals: $900

These figures are for expenses not covered in the tuition or program fee and are paid out-of-pocket.