Undergraduate Program

2010 Program Information

   COURSES OFFERED (Summary)
FULL COURSE DESCRIPTIONS
FACULTY
TRAVEL OPPORTUNITIES
ACCOMMODATION
COSTS
FINANCIAL AID
ELIGIBILITY
HOW TO APPLY
APPLICATION DEADLINE
IMPORTANT DATES
CONTACT INFORMATION

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Courses Offered (Summary)

Students are in courses only with other St. Thomas students.   Students take at least 12 and up to 16 credits, plus BUSN 200.

These core business courses will be offered:

• BLAW 301 Legal Environment of Business (4 credits)
• FINC 321  Financial Management (4 credits)
• MKTG 300 Principles of Marketing (4 credits)

All students take:

• BUSN 200 Community Service* – each student will receive a placement in London
• IDSC 397 Britain and the European Union (4 credits)

Additionally, students may select either:

• HIST 112 History of the Modern World since 1500 (4 credits) fulfills UST history core requirement; OR,
• ARTH 355 Art of the Last Hundred Years (4 credits) fulfills UST fine arts core requirement

Note: A U.K. Student Visa is required to participate in BUSN 200 in London.   This process is detailed and requires multiple steps.   A final decision regarding whether BUSN 200 will be offered on the 2010 program will be announced by January 2010 upon careful examination and consideration of the current UK student visa requirements.

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Full Course Descriptions

BUSINESS  COURSES:
BLAW 301 – Legal Environment of Business (4 semester credits): An examination of the business law rules and principles of particular relevance to entrepreneurship, finance, management, and marketing. Subjects include contracts, negligence, products liability, and warranty, intellectual property, employment law, securities regulation, as well as general notions of legal reasoning and legal process. Prerequisite:  junior standing.  Instructor:  Rick Kunkel.

FINC 321 Financial Management (4 semester credits): An examination of the elements of the financial function of the organization as well as the financial analysis of decisions.  Topics include working capital management, acquisition of capital, capital budgeting and other current topics in finance.  It will utilize computer-based financial modeling and forecasting.   Prerequisites:  ACCT 210, ECON 251, ECON 252, IDTH 220, and junior standing.  Instructor: Mary Schmid Daugherty

MKTG 300 - Principles of Marketing (4 semester credits):  This course uses a managerial point of view. It focuses on understanding the needs and desires of customers in order to develop effective strategies for business. Students are taught to consider organizational, social, competitive, technological, economic, behavioral, and legal forces in crafting effective marketing programs. Prerequisites: junior standing.  Instructor:  TBA

ALL STUDENTS TAKE:

BUSN 200 - Community Service (no academic credit):  This experience is required of all Division of Business majors.  The course follows the Statement of Purpose of the university to "develop morally responsible individuals who combine career competency . . .while fostering in the student a tradition of service to the public welfare."  Students will develop an awareness of the challenges and responsibilities in meeting the diverse, changing needs of the community while experiencing personal growth and awareness.  Students will choose from a variety of volunteer activities that follow the mission of St. Thomas and also afford them a unique experience in London.  The course is graded S-D-R by Barbara Gorski, Director of Community Service at St. Thomas.

Note: A U.K. Student Visa is required to participate in BUSN 200 in London.   This process is detailed and requires multiple steps.   A final decision regarding whether BUSN 200 will be offered on the 2010 program will be announced by January 2010 upon careful examination and consideration of the current UK student visa requirements

IDSC 399 - Britain and the Euro: Social, Political and Economic Environments (4 semester credits):  The aim of this course is to give a comprehensive overview of the European Union:  its members, the institutions and the common policies/aims of the integration process.   The course focuses on changing business environment, look at ‘big projects’ such as the Economic and Monetary Union, enlargement to Central and Eastern Europe, but also tries to identify the changes, attitudes and less obvious challenges facing individual member states.   Instructor:   Valerio Linter.

OPTIONAL CORE COURSES (CHOOSE ONE):

HIST 112 History of the Modern World Since 1500 (4 semester credits) - The Modern World Since 1550 surveys the sixteenth century European foundation and expansion throughout the world down to the end of the twentieth century.  The course examines the resulting breakthroughs in communication and cultural exchanges between Western civilizations and the Middle East, Asia, Africa, and Latin American.  Emphasis is placed on the emergence of an interdependent global civilization.  Instructor:  John Berryman.  Fulfills UST core historical studies requirement.

ARTH 355 The Art of the Last Hundred Years (4 semester credits) - Over the last 100 years, there have been major changes in ideas about, and attitudes toward art.  The concept of what constitutes a painting or sculpture and the role of the artist and his relation to society have become major issues.  Because of these changes, the path through modern art is sometimes bewildering to follow.  In an attempt to clarify the situation, the class will look at movements and trends in 20th century art rather than make a detailed study of the work of individual artists.  Includes frequent museum visits.  Instructor: . Fulfills UST core fine arts requirement.

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Faculty

The 2010 fall semester program will be led by two St. Thomas faculty members.  

Rick Kunkel is Associate Professor in the Department of Ethics and Business Law and a UST alumnus (1980).  Rick loves teaching at his alma mater and in 1997 received the Distinguished Educator Award.  Rick lived in Perth, Western Australia for one year in 1993 while on teaching exchange at Curtin University, and returned to Curtin for a second year in 2000-01.  Rick was faculty director of the London Business Semester in 2004.  Rick has led three J-Term programs in Australia in 2006, 2009 and upcoming in January 2010.

Mary Schmid Daugherty CFA, PhD, is a Finance Professor actively involved in teaching, research and consulting.  Mary teaches at the undergraduate, graduate and executive level in Corporate Finance and Investment related topics.  She also directs the Aristotle Fund, a student-managed portfolio that actively invests approximately $3 million of the University of St. Thomas endowment.  Her current research interests are centered around private investment issues.  Mary has led the London Business Semester in both 1998 and 2006.

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Travel Opportunities

Each student participates in three of the Friday day-trip excursions outside of London at no cost; additional excursions are at a fee (see sample list from 2009).  There are optional weekend trips offered at an additional cost (see 2009 program info for a typical sampling).

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Accommodation

London Business Semester students live in homestays with British families.  The homestays are usually in North London, in the Crouch End and Muswell Hill areas, on the Northern and Piccadilly Tube lines.  Students may live with a retired couple, a family with children, or a single person.

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Costs

Tuition, room & board [meals] estimate:  $19,875
This estimate is based on the St. Thomas comprehensive semester fee for tuition, room and board.   The St. Thomas fee will be announced for the 2010-2011 academic year in March 2010.  The above figure is estimated on an approximate 6% increase over the 2009-2010 St. Thomas comprehensive fee of $18,750.

The above estimate includes tuition, field trips/excursions, a British homestay, continental breakfasts on weekdays, an allowance for groceries for meals prepared in homestay or purchased at student union cafeteria, local transit pass, orientation, and insurance.
  
Additional Expenses:

Important Notes on Program Fee
The cost of the program does not vary with the number of credits you take (e.g., students taking 12 credits pay the same program fee as those taking 16 credits).

Minnesota State Grant recipients must take 15 credits to be considered full-time students.   An amount less than this will result in the grant award being prorated (i.e., reduced based on the lesser number of credits you take).

Your grants, loans and scholarships apply to the cost of this program.   The employee benefit of tuition remission, however, does not.

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Financial Aid

Financial aid (grants, loans and scholarships) normally available to eligible students can be applied to the program fee.   Loans may be available to students who do not normally receive financial aid.

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Eligibility

• be a Business major or minor
• have a Junior or Senior standing at the time of the program
• have a minimum cumulative GPA of 2.5
• complete ACCT 205 or ACCT 210; ECON 251 and 252 and IDTH 220 prior to departure,
• have a good disciplinary standing, and
• complete a formal application and selection interview with staff from the International Education Center.

Final acceptance will be made after a selection interview.

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How to Apply

Attend either a Small Group Advising Session (see list below) or a London Launch session to obtain an application.  Please call (651)962-6450 to reserve a place.

Small Group Advising Sessions

Held in International Education Center, 44 N. Cleveland. Each session starts at 12:15 p.m. and lasts about 30 minutes.

• Tuesday, October 13
• Thursday, October 22
• Wednesday, October 28
• Tuesday, November 3
• Wednesday, November 11
• Thursday, November 19

London Launch Sessions

Held in McNeely Room 100. Each session lasts about an hour. Attend a launch session to meet the 2010 faculty directors.

• Tuesday, October 20, 12:15 p.m.
• Wednesday, October 21, 12:15 p.m.

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Deadline

Priority application deadline:   December 4, 2009 with selection interviews held in January and February, 2010.

Final deadline for any remaining spaces:  February 12, 2010 with selection interviews immediately following.

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Important Dates

(may be subject to modification; travel/program dates will be finalized by February, 2010)

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Contact

International Education Center
University of St. Thomas
Mail 44C
2115 Summit Avenue
St. Paul, MN   55105
Phone:   (651) 962.6450  
Fax:  (651) 962.5199
On campus location:  44 N. Cleveland Avenue (big white house facing the back of the library)

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