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As part of the Global MBA curriculum, all first-year students participate in one of several Consulting Abroad Projects (CAPs). There is a three-course sequence taken during the spring semester which is designed to assist students in preparing and implementing their projects. By the end of their first year of study all Global MBA students gain experience working on a professional consultancy project abroad.
Locations - Although locations vary depending on the area of faculty expertise, Global & Experiential Education seeks diversity in geographic region and business sector when evaluating project proposals. Click on the destination titles below to read more about the project descriptions.
1.International Management – Taken during the second half of the spring semester, this course provides students with the appropriate basic skills necessary to understand international business practices. Additionally, this class serves as a context for how these skills may be transferable to their projects that will follow in subsequent months.
2.International Consultancy Practicum Lab - Also during the second half of the spring semester, students participate in a project-specific class, organized by the faculty leading each international consultancy project. This course presents an opportunity for students to learn the scope and challenges of their assigned projects as well as to begin developing business solutions for their organizations.
3.International Consultancy Project - Students depart in mid-May to complete their international projects. During their time abroad students work as business consultants for their partner organizations. The faculty-led residency includes site visits to relevant institutions and organizations in-country as well as visits to cultural sites of interest. At the conclusion of this two-week period, students present their business plans and final recommendations to the organization abroad.
For additional information about the Global MBA Project, please contact Global & Experiential Education, at firstname.lastname@example.org or +1 202-994-1212.
2013 Project Descriptions
Project Description: The company is a leading automotive manufacturer in India - Mahindra & Mahindra - Automotive Division. Students will be working on projects in the area of demand and supply chain management for selected segments of their vehicles.
Instructor: Dr. Sanjay Jain is an Associate Industry Professor with the Department of Decision Sciences at GWSB. Dr. Jain joined GW in 2005 and has taught a number of different classes in the MS in project management and MBA programs. Prior to joining GWU, he was a research faculty member at the Grado Industrial & Systems Engineering Department at Virginia Tech for over three and a half years. His prior industry experience includes work at Accenture in Reston, VA, at General Motors Technical Center in Warren, MI, and international work experience at the Singapore Institute of Manufacturing Technology, Singapore. He received a Bachelors of Engineering from Indian Institute of Technology (IIT)-Roorkee, India, a Post Graduate Diploma from National Institute for Training in Industrial Engineering, Mumbai, India, and a Ph.D. in Engineering Science from Rensselaer Polytechnic Institute, Troy, New York. For more details, please visit his webpage at http://home.gwu.edu/~jain.
Instructor: Dr. Shivraj Kanungo is Associate Professor in the Department of Decision Sciences at the George Washington University. His research areas include the value of information technology in organizations, process improvement and measurement systems, and behavioral issues in decision modeling. He likes to employ multiple approaches that include statistical modeling, system dynamics modeling and qualitative methods. He teaches courses on quantitative modeling, designing and developing decision support systems, and research methods.
He consults extensively with industry and his books include “CMMI Implementation: Embarking on High Maturity Practices,” “Making Information Technology Work,” “Computer and Network Technologies and Applications,” and “Information Technology at Work: A Collection of Managerial Experiences.”
Journals that have published his research include System Dynamics Review, Decision Support Systems, European Journal of Information Systems, Strategic Information Systems, International Journal of Information Management, International Journal of Information Systems, Software Process: Improvement and Practice, Information Technology and People, Computers in Human Behavior, Systems Research and Behavioral Science, International Journal of Human-Computer Interaction, Journal of Information and Knowledge Management Systems and International Journal of Knowledge Management.
Dr. Kanungo’s undergraduate degree is from the Birla Institute of Technology and Science, (Pilani), his M.S. degree in Management Information Systems is from Southern Illinois University (Edwardsville) and his Ph.D. degree in Information and Decision Systems is from The George Washington University, Washington DC.
Project Description: The first is Universal McCann (UM) - Peru, which is part of The Interpublic Group of Companies, inc., which is one of the four largest advertising agencies in the world with over 41,000 employees and $6.5 billion in sales. The projects they have asked us to undertake are as follows: 1. Advise them how to increase digital media investment, which is lower in Lima than other Latin American markets, and 2. Advise them how to increase the retail sales of a major department store, which is planning several new stores in Peru.
The second client company is Sodexo Peru. Sodexo is a food services and facilities management company. The parent Sodexo is French, and has almost 400,000 employees on over 34,000 sites in 80 countries. Sodexo has worldwide sales of over $20 billion. In Peru, Sodexo has specialized in facilities management for the mining and oil & gas sectors. They have asked us how to increase both sales and profits from their facilities management practice.
Instructor: Michael Curley is an attorney by training but has spent the majority of his career in finance. During the 2012-13 academic year, Mr. Curley is a Visiting Professor at the George Washington University School of Business, teaching Environmental Law, Environmental Finance, Environmental Management Systems and other energy and environment related courses. He is the founder of the International Center for Environmental Finance, which was funded with a $3 million grant from the U.S. Environmental Protection Agency (EPA) and worked in the former Soviet Union, Central America and Asia to develop market-based programs to finance environmental infrastructure. While doing so, he built 15 rural water systems in Kazakhstan and developed the Country’s rural water finance policy. For several years Mr. Curley served as Senior Financial Advisor to the Office of International Affairs at EPA. In 2007, he founded Environmental Finance LLC, as his personal consulting firm from which he has recently advised the Shell (U.K.) Foundation and the World Resources Institute on climate change finance and finance for sustainable urban transport through the Foundation’s work with the “P8”, which are the eight largest pension funds in the world convened by the Prince of Wales under the auspices of Cambridge University to encourage their investment in climate change projects. He also wrote the business plan for, and advised the National League of Cities on, a new mutually owned municipal bond insurance company.
Mr. Curley is a pioneer in the financial guaranty insurance industry. In the 1980’s, Mr. Curley raised the venture capital for, and founded, the third municipal bond insurance company in the world, where he served as president and CEO until he sold the company to the Hong Kong Shanghai Bank.
Mr. Curley served as the President and CEO of the New York Job Development Authority, the State’s economic development bank. He also served as deputy secretary and general counsel of the New York State Department of Economic Development. He was also counsel to the New York State Science & Technology Foundation, the State’s venture capital agency. Prior to that, Mr. Curley served as the Parliamentarian of the New York State Assembly and associate counsel to the Speaker. Early in his career, he served as a legislative assistant to Congressman Richard D. McCarthy in Washington. After leaving government in 1979, Mr. Curley became a partner in the New York City law firm of Shea & Gould.
Mr. Curley is the author of a textbook, the Handbook of Project Finance for Water and Wastewater Systems, published by Times/Mirror Books. He is now writing his second book, for publishers Taylor & Francis, the working title of which is “Finance Policy for Renewable Energy and a Sustainable Environment”. He has also written a monograph on environmental finance and over two-dozen published articles and reports on environmental finance and economic development. Mr. Curley has been asked by the Johns Hopkins University Press to write the final chapter in former House Speaker Newt Gingrich’s upcoming book, The Environmental Entrepreneur, scheduled for publication in the Summer of 2013. Mr. Curley is a member of the National Press Club. He founded the Environmental Finance Centers at the University of Maryland, at the Maxwell School at Syracuse University, and at Cleveland State University. He served as a Senior Lecturer at the Johns Hopkins University where he taught graduate courses in Environmental Law, Environmental Finance, Environmental Management Systems, Venture Capital and Energy & Environmental Economics in both the Whiting School of Engineering and the Carey Business School. Mr. Curley was also an Adjunct Professor of Banking and Finance at the Stern School of Business at New York University where he taught Venture Capital as well as Capital Markets & Investment Banking. He also taught Environmental Law & Finance at the Vermont Law School and is a member of the Environmental Law Institute.
In 1990, Mr. Curley was appointed to the Environmental Financial Advisory Board (EFAB) at EPA, where he served for 21 years under four Presidents. Mr. Curley also served on the board of directors of the International Rural Water Foundation, and was co-chair of the Environmental Finance and Budget Subcommittee of Maryland Governor Martin J. O’Malley’s Transition Team. He is on the Advisory Board of the Maryland-Asia Environmental Partnership and is a member of the Global Missions Committee of the Episcopal Diocese of Maryland. Governor William Donald Schafer appointed him to the “Blue Ribbon Panel on the Financing of the Chesapeake Tributaries”; and, while living in New York City, Mayor Edward I. Koch appointed him to the board of directors of the United Nations Development Corporation.
Project Description: Students will be working with a handful of SMEs recognized by the Rwanda Development Board as high growth potential organizations to provide aftercare with the goal of sustaining the growth. SMEs will be in the agriculture sector.
Instructor: Reid. W. Click is Associate Professor of International Business and International Affairs at The George Washington University, where he teaches courses in international financial management, macroeconomics for the global economy, and international economics. He received M.B.A. (1987) and Ph.D. (1994) degrees in Economics and International Business from the University of Chicago Booth School of Business. Professor Click is an expert on international financial risk and risk management. His academic research is predominantly empirical, and examines exchange rates and exchange rate risk; political risk; firm value; central banking; international commercial banking; and the integration of financial markets. His research has been published in leading journals, including Economics Letters; Journal of Money, Credit, and Banking; Japan and the World Economy; Journal of Economic Dynamics and Control; International Journal of Finance and Economics; Journal of Asian Economics; Development Policy Review; and Journal of International Business Studies. He is currently serving as Associate Editor in the field of international finance for the Journal of Asian Economics. Dr. Click has been a consultant for several international organizations. He currently serves as an advisor to the U.S. Agency for International Development (USAID) Office of Development Credit on matters pertaining to international financial risk and risk management. He has also advised the Asian Development Bank (ADB), the Association of Southeast Asian Nations (ASEAN), the United Nations Development Programme (UNDP), and Goldman Sachs Asset Management.
Gothenburg, Stockholm, and Vasteras, Sweden
Project Description: Students are divided across 5 clients in the CleanTech sector.
1) CELLFAB - CELLFAB has developed a new cell reinforcement product with applications primarily in the construction business. Cell reinforcement is a new, unique process that can be used within a range of different application areas, such as concrete, asphalt and other materials. The geometric, patented design structure of CELLFAB’s cell reinforcement creates unique technical advantages compared to the reinforcement that is typically applied today. CELLFAB has its sales office in Stockholm and Research and Development center located in northern Sweden.
Project Scope: The CELLFAB project for the GMBA students involves the creation of a market entry plan for the U.S. market, focusing mainly on identification of key strategic partners and presenting a suitable business model based on licensing.
2) DISWIC - DISWIC, a Stockholm based company, has a patented technology, based on the creation of ions and electromagnetic fields, where frequency geared, low current-impulses destroy existing microorganisms and contaminants in liquids. The accompanying filter technology is unique as the magnetic flux keeps the activated carbon continuously active for 5 years. The DISWIC vision is to contribute to a healthier and better environment by eliminating or heavily reducing the use of chemicals in the purification of liquids.
Project Scope: DISWIC has engaged the GMBA students to create a market entry plan for the US market, specifically focusing on opportunities in the realm of industrial water purification.
3) Firefly - Swedish Firefly is a world leader in spark detection and fire/dust explosion protection systems. Firefly develops, manufactures, and sells high-tech systems, which detect and minimize the risk of fires and dust explosions. The company was founded in 1973 and has 40 years of experience in supplying systems for the leading process industries, with a range of patented components and functions. The Firefly detector is the only detector on the market with a lead sulphide (PbS) cell in the range of detecting true infrared (IR) heat and black hot particles with temperatures as low as 250° C.
Project Scope: The GMBA students are tasked with providing expert consultancy and actionable recommendations on how Firefly can achieve high-quality growth in the North American marketplace.
4) Hexicon - Hexicon is a Swedish design and engineering company developing floating platforms for offshore wind energy production. Hexicon offers energy companies and developers around the world an efficient, flexible, and profitable way to manage and utilize the power of offshore wind. The Hexicon platform enables wind energy production in areas with significant water depths and less than ideal soil conditions.
Project Scope: Hexicon has commissioned GMBA students to develop a market entry plan for the U.S. market. Being a new and rather small company, careful strategic planning and partnerships with domestic U.S. partners are expected to be necessary in order for Hexicon to penetrate the U.S market.
5) WFS - WFS is a new Swedish company conceptualized by a team of experienced entrepreneurs and industrialists. It develops and produces marina fuel stations, which set new world standards for safe fuel storage. The fuel stations are designed to endure the particular conditions associated with storing and dispensing biofuels. The WFS facilities provide biofuel and traditional fuel while simultaneously increasing safety, reliability, and advertising media potential.
Project Scope: WFS has commissioned the GMBA students to conduct a thorough market analysis and develop a market entry plan for its marina fuel station in the U.S., with special focus on the greater Washington DC area.
Instructor: Dr. Anna Helm is Assistant Teaching Professor of International Business at the George Washington University, currently teaching courses on international marketing management, green business, and introductory courses on international business. A member of the GW School of Business community since 2006, Professor Helm has taught numerous courses involving real client projects in her international marketing courses. For three consecutive years she has also offered international residency courses to Sweden within GWU's Global MBA Program, focusing on CleanTech and marketing strategy. Through a 2010 grant from GW's Center for Civic Engagement and Public Service, she recently developed and taught a service-learning course entitled "International Perspectives on Green Business."
One of her most recent projects includes the development of innovative video-based instructional materials for Global Perspectives and International Management, two courses she is teaching online in the Healthcare MBA Program. As part of another campus-wide grant through OLI (Online Learning Initiative), Dr. Helm has developed a course on the healthcare industry in Sweden, which was offered in summer 2012 as a combined online and study abroad course with a consulting component.
Originally from Sweden, Dr. Helm holds a M.Sc. in International Business and Economics with German (Internationella Ekonomlinjen) from Lunds Universitet, Sweden, as well as an MA in Germanic Studies from the University of Maryland. She received her Ph.D. in German Studies from Georgetown University in 2002. In 2009 she completed the AACSB Post Doctoral Bridge to Business Program at the University of Florida, Gainesville, with a specialization in Marketing & Management. Professor Helm is currently pursuing research on cross-cultural differences in consumer perceptions of green products.
In her capacity as GW-CIBER Business Language Co-Coordinator, she is involved in research on business case methodology. Together with her colleague, Dr. Margaret Gonglewski, she has developed a video-based e-Handbook on Teaching with Business Cases.
Project Description: SÜTAŞ, the leading dairy producer in Turkey, has recently made a strategic decision to grow internationally while maintaining its leading role in the Turkish market. As a result of this decision it made its first investment outside of Turkey in the Macedonian capital of Skopje, in the Balkans. SÜTAŞ plans to keep growing internationally and position its production facilities close to their target markets. Students are doing three projects focusing on market entry strategy, product development & marketing, and finance - all drafted with this objective in mind as SÜTAŞ would like to become an international player.
Instructor: Abdullah Akyuz is currently the President of Momentum Consulting, a consultancy firm specialized in finance and business development. He is also a Board member of two financial companies. Between 1983-1990, he served on the Capital Markets Board, the Turkish equivalent of the SEC, as an economist. In June 1990, he became the Director of the Bonds and Bills Market of the Istanbul Stock Exchange (ISE). In May 1994, he became the Executive Vice-Chairman of the ISE, overseeing the operations of several departments until his departure. He led the team which set up the world’s first “organized repo market” at the ISE, which soon became the largest organized financial market in Turkey. Mr. Akyuz has also served as a Board Member of the ISE-Settlement and Custody Bank, Inc., as well as a member of Treasury's "Domestic Borrowing Advisory Board". Between 1999 and 2011, he served as the President of TUSIAD-US (Turkish Industry and Business Association’s US Rep Office) in Washington, DC. He has published numerous articles in the fields of Turkish economy, securities markets and US-Turkey relations. Abdullah Akyuz received his B.A. degree in Economics and Finance from the Faculty of Political Science at the University of Ankara (1983), his M.A. degree in Economics from the University of California-Davis (1986), and graduated from Wharton School's Advanced Management Program (1996). He currently resides in both Istanbul and Washington, DC.
2012 Project Descriptions
Project Description: The purpose of this practicum is to explore how business models and practice can contribute to improve the standard of living of subsistence communities through viable income generating solutions that conserve fragile environments. The practicum focuses on the Tapajos river-based communities in Santarem, State of Para, Brazil - a rainforest rich in natural resources that support extractive agricultural hunting, and fishing activities. The engagement focuses on the viability of community tourism, handicrafts, honey and fish farming projects. The Client for the project is Projeto Saude e Alegria (PSA), whose name means “Health and Happiness” in Portuguese. PSA has an impressive track record helping to advance environmental, social, and economic sustainability (or long-term quality of life) to individuals, households, and communities along the western banks of the Brazilian Amazon River.
Instructor: Dr. Robles is Professor of International Marketing and International Relations at the School of Business of the George Washington University. Dr. Robles’s research and consulting experience is in Global Marketing and Regional Marketing Strategies. His book on Winning Strategies for the New Latin Markets published in 2002 has been categorized as pioneering work in the field of regional studies. His articles have appeared in many academic and professional journals and serves in the editorial boards of Management Decision, Journal of Asia Pacific Business and Academia- Revista Latinoamericana de Administracion.
Dr. Robles has led many country study visits to Argentina, Brazil, Chile, and Costa Rica for GW Executive MBA, PMBA and BBA students in the past. In the summer of 2011, he offered the pioneer short-term study of the Amazon from a global business and sustainability perspective on which the consulting practicum is based. A native of Peru, Dr. Robles received a Bachelor’s degree in Civil Engineering at the National University of Engineering and a Master’s degree from the Graduate School of Business Administration (ESAN) in Lima, Peru. He has an MBA degree from Georgia State University and a Ph.D. degree in Business Administration from the Pennsylvania State University.
Project Description: The consulting practicum will provide a valuable opportunity for GMBA students to learn about a key emerging economy, India. Students will evaluate the potential for expansion of the Global Research and Analytics (GRA) business of an Indian rating agency, in the U.S. market. The GRA business provides ratings, research, risk and policy advisory services to the world’s banking financial service and insurance (BFSI) firms. Students will examine how changes in the U.S. regulatory environment in the BFSI sector have created opportunities and challenges for expansion of the GRA business. The key objective is to provide students an understanding of how managers from emerging markets can create a strategy to pursue competitive advantage in the overseas environment.
Instructor: Professor Anu Phene is an Associate Professor of International Business at the School of Business at George Washington University. Professor Phene teaches courses related to International Strategy and International Management. Her research focuses on multinational firm and subsidiary strategy, knowledge creation and transfer within and across firms, geographic boundaries of knowledge, and strategic alliances. She has authored publications in Organization Science, Strategic Management Journal, Journal of International Business Studies and Management International Review.
Project Description: “Non-Market Strategy in Peru” This CAP intends to explore the challenges and opportunities presented to business by their “nonmarket environment”. In contrast with more traditional strategy courses considering the relationships of a firm with its suppliers, customers and competitors - the firm’s market or competitive environment-, this CAP will focus on exploring the firm’s interactions with its nonmarket environment -governments, nongovernment organizations, communities, and the media; an area of corporate activity that has been shown to have an increasingly larger impact on firms’ profitability and sustainability. Hence, this CAP will expose students to how firms in different sectors perceive, conceptualize, and respond to their nonmarket environment. This may include working on one or several of the following: CSR strategy, firm political/government strategy, public relations, or community relations strategy. We will also try to sample a variety of industries -agro, extractive, financial and mass consumption industries- either through our clients or on-site visits. In all of these industries, how firms manage their nonmarket environment is of fundamental importance but the set of pressures on firms and available corporate responses are substantially different.
The site of this residency will be Lima, Peru. Some of the aspects that make Peru a particularly interesting site are the following. First, Peru has been one of the most successful economic stories among developing countries in the last few years. Second, it has recently undergone presidential elections that have, at least on paper, represented a turn toward the left of the political spectrum. However, unlike other countries in the region that experienced similar shifts, Peru’s new regime has maintained a very conservative economic policy. Having first hand exposure to this tension between economic and social pulls and the ways in which government authorities balance them represents a rare opportunity. Finally, Peru is a cultural melting pot tracing its heritage to the Inca Empire, the Spanish colonizers, and more recently to considerable levels of regional migration (both in-and-out migration).
Instructor: Rafael Lucea is an Assistant Professor of International Business at The George Washington University School of Business. His teaching ranges from introductory courses on international business to advanced courses on global strategic management.
Professor Lucea’s research is primarily focused on the management of a firm’s non-market environment and its influence on the firm’s performance. The non-market environment of a firm is conceived as the set of relationships, confrontational or collaborative, that it establishes with actors such as governments, non-government organizations (NGOs), or local communities. Because the actions carried out by these non-market actors increasingly span multiple country borders, the appropriate level of analysis of this phenomenon is, increasingly, the global arena. In contrast with the existing structural approaches to the study of this phenomenon, Professor Lucea focuses on the role that cognition plays in the interaction between firms and their non-market counterparts.
Dr. Lucea received his Ph.D. in Strategy and International Management from the Sloan School of Management at MIT. He also holds an M.Sc. in Public Policy and Management from Carnegie Mellon University and an MBA and BA from Esade (Spain).
Project Description: Rwanda has been experiencing rapid economic growth due primarily to serious efforts improving domestic governance and the operating environment for business. The country is fertile territory for examining the nexus of business, institutions, and development. Nevertheless, it is still a predominantly poor, agricultural economy. With per capita GDP (at purchasing power parity) estimated at $1,284, some issues to be addressed include how to make investments to spur growth and how to finance such investments. Other issues include how to serve un-banked rural populations and how to improve the productivity of the agricultural sector.
The consulting abroad program will approach these issues though projects related to finance, and will give students an opportunity to use skills in finance, economics, and strategy to assist clients in developing new products or operating approaches suitable for the environment. The clients chosen include a domestic microfinance institution, a development fund, and a dairy testing service provider. Students will work in small teams on separate projects, although the topics will be similar enough to allow students to benefit from discussion in a larger group.
Instructor: Reid. W. Click is Associate Professor of International Business and International Affairs at The George Washington University, where he teaches courses in international financial management, macroeconomics for the global economy, and international economics. He received M.B.A. (1987) and Ph.D. (1994) degrees in Economics and International Business from the University of Chicago Booth School of Business.
Professor Click is an expert on international financial risk and risk management. His academic research is predominantly empirical, and examines exchange rates and exchange rate risk; political risk; firm value; central banking; international commercial banking; and the integration of financial markets. His research has been published in leading journals, including Economics Letters; Journal of Money, Credit, and Banking; Japan and the World Economy; Journal of Economic Dynamics and Control; International Journal of Finance and Economics; Journal of Asian Economics; Development Policy Review; and Journal of International Business Studies. He is currently serving as Associate Editor in the field of international finance for the Journal of Asian Economics.
Dr. Click has been a consultant for several international organizations. He currently serves as an advisor to the U.S. Agency for International Development (USAID) Office of Development Credit on matters pertaining to international financial risk and risk management. He has also advised the Asian Development Bank (ADB), the Association of Southeast Asian Nations (ASEAN), the United Nations Development Programme (UNDP), and Goldman Sachs Asset Management.
Stockholm, Västerås & Malmö, Sweden
Project Description: The destinations for the 2012 Sweden CAP are Stockholm, the capital of Sweden, Västerås, located less than an hour away from Stockholm, and Malmö in Southern Sweden. The focus of the program is the Clean Technology sector. Sustainability is central to life in Sweden and the Swedes have decades of experience with successful and innovative companies devoted to energy conservation and other green initiatives. While there is clearly a mainstream focus on sustainability in the Swedish population as a whole, many of these companies are products of the cold, Nordic climate, the need to conserve energy, a strong focus on technology, and environmental stewardship.In collaboration with the Swedish American Chambers of Commerce (SACC) and Mälardalens Handelskammare, three Swedish CleanTech companies have been selected to participate in this year’s CAP. The consulting projects will focus on full-fledged environmental analysis of the US CleanTech market, its regulatory and institutional landscape, as well as competitive analysis in preparation of our clients’ market entry into or expansion in the US. While in Sweden, students will conduct site visits at a number of Swedish companies and other organizations, such as ABB, Skanska,Vafab, Mälarenergi AB, as well as local universities and CleanTech incubators.
Instructor: Anna Helm is Assistant Professor of International Business, currently teaching courses on international marketing management and green business. A member of the GW School of Business community since 2006, Professor Helm has taught numerous courses involving real client projects in her marketing courses. For two consecutive years she has offered international residency courses to Sweden within GWU’s Global MBA Program, focusing on CleanTech and marketing strategy. Through a 2010 grant from the Center for Civic Engagement and Public Service, she has also developed a service-learning course entitled “International Perspectives on Green Business.” Professor Helm is currently pursuing research on cross-cultural differences in consumer perceptions of green products.
Project Description:The Turkey Consulting Abroad Program involves projects on some of the most robust and competitive sectors of Turkey, a high-growth, dynamic economy situated in one of the most difficult regions of the world. Targeted sectors are in automotive manufacturing and healthcare. Three-four teams of students will work on various projects with Ford Otosan focused on marketing, human resources, IT, and market entry. An additional team will work with Acibadem on penetration into the US healthcare market by a Turkish Hospital Group.
Students will be able to apply their analytical skills into the specific projects/companies operating in an emerging economy that has not only a fairly large (75m) and young population (domestic market) but also a Customs Union with the EU as well as access to rapidly developing new markets in the Middle East, Central Asia and Africa. The lectures by the instructor and guest lecturers will expose students to the Turkish economic, political and business environments while giving them a general understanding of the characteristics of an emerging market. Moreover, interaction with company representatives and locals will enable students to have a first-hand experience on the diversity of business culture, particularities of cross cultural communication and interpersonal relations. Students will work in smaller teams focusing on 3-4 specific projects that will be identified at a later stage.
Instructor: Abdullah Akyuz is currently the President of TUSIAD-US (Turkish Industry and Business Association’s US Rep Office), which he joined in 1999. Between 1983-1990, he served on the Capital Markets Board, the Turkish equivalent of the SEC, as an economist. In June 1990, he became the Director of the Bonds and Bills Market of the Istanbul Stock Exchange (ISE). In May 1994, he became the Executive Vice-Chairman of the ISE, overseeing the operations of several departments until his departure. He led the team which set up the world’s first “organized repo market” at the ISE, which soon became the largest organized financial market in Turkey. Mr. Akyuz has also served as a Board Member of the ISE-Settlement and Custody Bank, Inc., as well as a member of Treasury’s “Domestic Borrowing Advisory Board”. He has published numerous articles in the fields of Turkish economy, securities markets and US-Turkey relations. Abdullah Akyuz received his B.A. degree in Economics and Finance from the Faculty of Political Science at the University of Ankara (1983), his M.A. degree in Economics from the University of California-Davis (1986), and graduated from Wharton School’s Advanced Management Program (1996).