Peru 2018

Machu Picchu, Cuzco, Lima

August 25 - September 3, 2018

Economic Development & Cultural Intelligence in Peru – The Inca Empire

With a 7% average annual growth rate over the past 10 years, Peru is the fastest growing economy in Latin America, and growing in importance – both in the region and the Americas. But with a GENI co-efficient of .45 there is still a great deal of inequality, and we’ll explore this by visiting companies, organizations, institutions, and NGOs with socially driven bottom-lines. First, we’ll visit Lima, or ‘The City of Kings’, which is a beautiful coastal area and vibrant capital city that plays an important role in the South American economy. We’ll spend time at the top Jesuit University in Peru, Universidad del Pacifico, where we will receive lectures from their faculty and executive office. We’ll share a lunch with business students on their campus and participate with current students and alumni in activities facilitated by their Entrepreneurship Lab. We’ll also visit Cuzco, the capital city of the Inca Empire and a UNESCO World Heritage Site. We’ll collaborate on service learning projects and social impact workshops with local leaders. And yes … we’ll hike the AMAZING Incan citadel set high in the Andes Mountains – MACHU PICCHU!

Our Program Values Are To:

  • Become a global leader for change
  • Be passionate about what you do
  • Act as a positive agent for change
  • Strive for personal growth
  • Empower people through actions
  • Have fun … be AWESOME!

With our Peruvian IMPACT EXPERIENCE you’ll visit, explore, and experience a vibrant culture and an emerging economy. Through service and experiential learning, and collaborating with highly diverse global professionals from across the globe, you'll hone your cultural intelligence and ability to work on an international stage by:

  • Taking part in field visits focused on global leadership
  • Interacting with Peruvian and South American social entrepreneurs and enterprises
  • Practicing cultural intelligence, communication, and inter-cultural understanding
  • Improving your professional skills through interacting with global business professionals
  • Immersing yourself in Peruvian and South American business culture and corporate governance

Social Workshops for Empowered Leaders

Our student teams will partake in a two-day social impact workshop (service learning) led by our on-the-ground global leadership development company, Emzingo. We'll assist our local NGO with a specific leadership challenge their facing which deals with both inter-cultural communication issues and global leadership challenges within an economic framework.


INBU 5940-03/4940-03:
Cultural Intelligence and Global Business Communication

Instructor: Aaron Thornburg, Esq.

In this course, we are interested in the subtle but crucial role that culture takes in creating relationships with business colleagues and clients across languages, cultures, and borders. Peru certainly has its own identity and particularities, but it also shares a great many values with many of the 20+ Latin American countries, which account for almost 10% of the global population. We will take a hands-on approach to the challenges found in business communication across cultures, specifically Latin American culture, including: team and individual communication, as well as face-to-face versus virtual communication. We will learn to turn the potential dilemma of working alongside professionals accustomed to different geographic, personal, and professional cultures into an opportunity to excel in creating lasting and fruitful business relationships. There is no way around the fact that culture influences almost everything we do in international management. We’ll work to advance our tools, and ourselves, so that we may use this to our advantage. We’ll work on being strategic in our thinking, in order to use intercultural synergies to help improve our connections with those from different cultures – both foreign and domestic. And we’ll work to develop ourselves as both leaders and individuals. We are going to learn the basic theory behind Cultural Intelligence (CQ) and examine the different cultural value dimensions found throughout our interconnected world. We’ll discover differences and similarities between the world’s primary cultures. We’ll gain better understanding of the four quadrants that comprise CQ, self-analyze where we currently stand, and strategize on how best to grow and improve. And through individual reflection and group collaboration, we’ll strive to identify how we can all improve our CQ, our efficiency and communication across cultures, and our ability to create positive outcomes wherever we may be.

INBU 5940-04/4940-04:
Economic Development & Financial Markets in Latin America: Peru

Instructor:Dr. Marinilka Kimbro

The focus of this course is on a practical and comprehensive understanding of the current economic and financial institutional environment in Peru. In particular, we will explore the historic, political, and institutional settings that have shaped Peru within the broader Latin American experience. The first half of the course looks at historic, political, and macro-economic issues. The second half of the course will look at micro-economic issues such as poverty, inequality, agriculture, mining, manufacturing, and education. Not every topic will fit neatly into the macro/micro breakdown of the course, and sometimes the macro discussions will be informed by the micro issues. We will also explore current trade issues such as the role of foreign Chinese investment, MERCOSUR, Andean Trade Promotion and Drug Eradication Act (ATPDEA), and Trans-Pacific Partnership (TPP) trade agreements. Specifically, we will explore the characteristics of the Latin American markets and associated risks and benefits with an emphasis on the understanding of Peru’s development. We will examine all issues through three lenses: that of the multinational US enterprise, the banking and equity investors, and through the lens of the Peruvian citizen.

Registration and Cost:

Program fee: $3,295

  • All accommodation for program dates
  • Flights from Lima and Cuzco, as well as train, transport, and entrance to Machu Picchu
  • Transportation to and from Cuzco airport
  • Entrance fees for course activities
  • All local, program-related travel on public transportation
  • Most breakfasts and occasional lunch/dinner

Not included: Airfare to/from Peru (usually about $500 - $700)and summer tuition fees (if applicable).

Your advisors can discuss financial aid options with you.

Iglesia de La Compañía de Jesús, Cuzco
Incan stone carving
Welcome to Machu Piccu
Peruvian Alpaca