Albers School of Business and Economics
Study Abroad

European Union EU Study Abroad

  • Frankfurt, Luxembourg, Brussels, Amsterdam

    June 16 - July 2, 2015

    Public and corporate governance in the heart of Europe

    You’ll develop your credentials as a global citizen by:

    • Exploring transatlantic businesses within the framework of European public and corporate governance
    • Visiting European institutions and the European offices of prominent Pacific Northwest companies
    • Practicing intercultural understanding and communication
    • Developing your professional skills through an interactive and immersive experience

    The transatlantic market between the US and the member states of the European Union is responsible for nearly half the word’s total output and defines the very contours of the economic and business opportunities and challenges faced by the global players who hire our graduates. The Puget Sound’s usual suspects—Amazon, Boeing, Microsoft, and Starbucks, among others—are very active in the EU, and lately so with considerable controversy and heightened scrutiny.

    After pre-departure sessions to prepare you for on-site activities, we’ll visit FRANKFURT, Germany’s commercial capital and the financial center of the European Union. We’ll then travel to LUXEMBOURG, the EU’s judicial center, to explore judgments for and against global players. Our next stop will be BRUSSELS, the de-facto capital of the EU, where legislation is made that affects the business environment and how companies govern themselves. Our final stop will be AMSTERDAM, the gateway for many Pacific Northwest Companies operating in Europe, the Middle East, and Africa.

    Last year’s itinerary included the Frankfurt Stock Exchange, the German Bundesbank, the Frankfurt headquarters of PwC, the German Corporate Governance Code, the European Commission, the Audi A1 assembly line, the European Confederation of Institutes of Internal Audit, the Starbucks concept store in Amsterdam, the Dutch flower auction, and the Amsterdam headquarters of KPMG.

    We’ll run a full working week so you can have your weekends off to explore nearby destinations.


    ACCT 4940/5940:
    European Corporate Governance from an Accounting Perspective

    Dr. Valentina Zamora

    “Corporate governance is concerned with holding the balance between economic and social goals and between individual and communal goals. The governance framework is there to encourage the efficient use of resources and equally to require accountability for the stewardship of those resources. The aim is to align as nearly as possible the interests of individuals, corporations and societies.” [Sir Adrian Cadbury] Hence, this course is breadth-based in that we will draw from theories that traverse all business disciplines to frame why corporate governance in part relies on accounting; but depth-focused in that we will explore how business and accounting institutions and actors interact as part of the corporate governance mosaic in the US and in the EU.

    In practical terms, we will (1) discuss corporate governance theories and the corporate governance mosaic; (2) examine accounting-based corporate governance practices east and west of the Atlantic; and (3) analyze current corporate governance challenges and professional practice opportunities.

    INBU 4940/5940:
    European Public and Economic Governance

    Dr. Bryan Ruppert

    We’ll trace the development of Europe’s supranational structures in fact and in myth from postwar inception to the Great Recession. We’ll make predictions about the stability and relevance of the European Union in a world of many economic poles and whether Frankfurt and the euro will be a partner or a rival to New York and the dollar. Our broad, multi-level approach will involve examining how the European Union provides a novel form of economic governance and how European and American businesses operate in and with that dynamic environment. We’ll look especially closely at how national cultures inform national responses to supranational economic governance and how national attitudes at the individual level shape business relationships. Together, we’ll investigate American misperceptions of a diminished importance of Europe in the global economy.

    By participating in this course, you’ll be building your credentials as a multidisciplinary global player who can engage critically with the European environment in which Europeans AND Americans do business. You’ll gain topical literacy, institutional literacy, historical literacy, and cultural literacy.

    Registration and Cost

    Program fee: $3,000

    • All on-site accommodation for program dates
    • Entrance fees for course activities
    • Local, program-related travel on public transportation
    • An allowance that covers the cost of a Eurail pass for six travel days at the youth rate (25 and under) or may be applied towards the adult rate (26 and over) for travel from city to city as part of the program. Participants may elect to top up this allowance for additional personal travel days
    • Two program meals

    Not included: Airfare, all other meals, summer tuition fees (if applicable). Your advisors can discuss financial aid options with you.

    Applications due Feb. 15.

    Click here to apply