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Summer London

Summer London 2008


Summer London 2008 is open to PMBA, MBA, and EMBA students who have completed a minimum of 30 credits, or the equivalent. There are two options: students may attend the entire two-week program in London from Saturday, May 17 to Saturday, May 31 or they may opt to attend either week separately. Week 1 will run from Saturday, May 17 through Thursday, May 22 at 5:00 PM and will cover International Financial Markets and Institutions (worth 1.5 credits). Week 2 will run from Sunday, May 25 through checkout on Saturday, May 31 and will cover International Business: A European Perspective (worth 3.0 credits). Both classes will have a take-home examination.

For non-EMBA students who wish to enroll in either section, Money, Capital Markets, and Economic Growth (MEC 540-1.5 credits) is a required course for all students to take prior to studying in London. For students who have not taken this course, it is offered as an elective in spring B.

The Academic Program

The directors of the Program are James Little, Professor of Economics and Finance, and Nick Hugh, Director of Olin's European Programs.

The academic program comprises two courses. International Financial Markets and Institutions (1.5 credits) focuses on the application of ideas and techniques, drawn from both finance and economics, to the financial management of a firm operating in a multi-country environment. The class stresses the nature and role of the various institutions involved in international finance. Among the topics which are considered are: International Business: A European Perspective (3 credits) examines the economic and institutional setting of Europe from a general perspective and the economic and political structures of major countries. Studies the role of the European Union and how the institutional setting affects the European economy and business environment. Some of the topics that will be discussed are: An important feature of the Program is the level of integration among these two courses and Money, Capital Markets, and Economic Growth. A given class session or speaker could relate to all three courses.
London Program 2005 participants outside of the European Union complex during their visit to Brussels.      LSP photo

The Speakers Program

One of the unique elements of the Program is the opportunity to hear the views of leading figures in business and public life on topics related to international finance and international business. There will be roughly 12 speakers over the two weeks of the program. The speakers generally lecture for 30 to 45 minutes, and then engage in discussion with the class for an additional 30 minutes. The speakers are outstanding individuals who have accomplished much in their careers and who are able to draw on their experience in their lectures and the discussion. Speakers in recent programs have included:

Schedule:

PMBA and MBA Students will be required to attend the sessions in Saint Louis of Money, Capital Markets, and Economic Growth. Attendance at these sessions is mandatory. Readings will be distributed to participants for the two courses to be held in London in late June. As the Program involves substantial reading, participants should plan their schedules accordingly.

The Two-Week Program:
The London portion of the two-week program begins Saturday, May 17 with check-in at your hotel or apartment. There will be an orientation and London tour the next day and class sessions begin on Monday, May 19. Class sessions will run from 9:00 to about 3:30. Some speakers and site visits may run longer. Most evenings and weekends are free. The lecture program concludes on Friday, May 30 with checkout from the residence on the following day.

Week 1: International Financial Markets and Institutions
The London portion of the Week 1 program also begins Saturday, May 17 with check-in at your hotel or apartment. There will be an orientation and London tour the next day and class sessions begin on Monday, May 19. Class sessions will run from 9:00 to about 3:30. Some speakers and site visits may run longer. Most evenings are free. The lecture program concludes on Thursday, May 22 no later than 5:00 p.m.

Week 2: International Business: A European Perspective
The London portion of the Week 2 program begins Sunday, May 25 with check-in at your hotel or apartment. There will be a brief orientation that afternoon and class sessions begin on Monday, May 26. Class sessions will run from 9:00 to about 3:30. Some speakers and site visits may run longer. Most evenings are free. The lecture program concludes on Friday, May 30 with checkout from the residence on the following day.

Classroom:

Classes will be held at Cass Business School. Cass is located in the City of London on Bunhill Road near Chiswell Street. The nearest tube stops are Barbican, Moorgate, and Old Street Station.

Accommodations, etc.:

Accommodation arrangements will be left up to the student participants. We will provide a listing of hotels in the area near Cass Business School in March. Previous students have found that an internet search helped them find reasonably-priced (for London) accommodations.

Meals and Transportation: Participants are on their own for meals. Lunch typically will cost between $10 and $16. Dinner could cost from $12 for pizza or Indian food to several hundred dollars at one of London's many 4-star restaurants. A reasonable food budget would be $60-80 per day. Local transportation (underground and buses) will cost about $80-85 for the two weeks - travelcards can be purchased directly from the Underground station when you arrive in London, or purchased online before you leave the US. For an Oyster card (electronic card with replacement ability if lost or stolen), purchase online at Oyster Online Shop. For a 7-day Travelcard, find detailed information and an opportunity to purchase at London Travelcard Information.

Program Costs

The main cost is the tuition fee ($1150 per unit in 2007) for the units in London. There will be an additional charge for the textbook/coursepacket. There is an optional textbook and a required packet for Week 1: International Financial Markets and Institutions and a required packet for Week 2: International Business: A European Perspective. [Please note that this fee does not include the tuition costs for the 1.5 credit course, Money, Capital Markets, and Economic Growth, that non-EMBA students are required to take prior to the trip.] As stated above, students are on their own for accommodations, meals, and travel arrangements.

Application

Application materials are available in Room 114, Simon Hall. Or you can download the *PDF application (97KB). Completed applications are due by March 21, 2008 at 5:00 p.m. in the MBA Programs Office. Application decisions will be communicated by March 31. Applications received after the deadlines will be placed on a waiting list and will be reviewed as space becomes available.

For additional information, please call or write:

Jan Snow
John M. Olin Business School
Washington University
1 Brookings Drive
Campus Box 1133
St. Louis, Missouri 63130-4899
(314) 935-6155
Email:snow@wustl.edu

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