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Managing Business in Today's Global Economy: European Perspectives: June 23–August 5, 2011
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Courses Offered

B A 499 (3 credits) Foreign Study: Business Administration

I B 399 (3 credits) Foreign Study: Doing Business in the EU and Nordic Region

Frank Chelko (Department of Supply Chain and Information Systems) and Lou Gattis (Finance Department) will teach I B 399. Instructors at Copenhagen Business School will teach B A 499.

Students must choose one of following courses, offered at Copenhagen Business School (CBS).

Penn State Summer Abroad program in Denmark

  • HA HU34 Managing across Cultures
  • HA HU88 Management Control Systems for Competitive Advantage and Innovation
  • HA HU26 Value-Based Leadership
  • HA HU81 Corporate Communication
  • HA HU8F Entrepreneurial Economics
  • HA HU87 Innovative Thinking for Business
  • HA HU1I Consumer Behaviour and Customer Analysis

All students are required to take I B 399 for 3 credits. The CBS course will be B A 499. All students must enroll for 6 credits.

Course Description

I B 399 Doing Business in the EU and Nordic Region

The European Union is an organization of governments, but it was created for the purpose of improving cooperation in both economic and political matters within Europe for the benefit of its member states. How does this union represent its members and unite them with common goals? How do these goals relate to the supply chain function and the world of finance? After studying the basic structure of the European Union and developing an understanding of its advantages and disadvantages to SCM and FIN, case studies and site visits will be used to analyze these objectives in more detail. Students are expected to think critically, ask questions, and seek answers using available research to supplement the class material and business visitations.

European Union Membership, History, and Integration

  • Integration timeline and treaties
  • Membership advantages and disadvantages
  • Political and economic institutions
  • Introduction of the euro
  • Integration of Nordic Region (Denmark, Norway, Sweden, Finland, Iceland)
  • Current business conditions

Doing Business in the EU and Nordic Region

  • Marketing
  • Procurement
  • Production
  • Logistics
  • Financing
  • Investing
  • Managing foreign exchange
  • Financial services

Eligibility

The program is open to all Penn State students, and students from other institutions, who have a minimum 2.75 grade-point average. Applicants are considered on a first-come, first-served basis. Students are encouraged to apply early, as enrollment is limited.

Faculty

Frank Chelko is a supply chain and information systems instructor with the Smeal College of Business at Penn State and the 2008 recipient of the Dillwyn Paste III Award for Excellence in Undergraduate Teaching. Chelko's instructional expertise includes manufacturing and service operations, quality management, project management, materials/procurement management, lean supply chain strategies, as well as six sigma black belt training/certification. He joined the Smeal College of Business in 2001. His executive management experience includes the leadership of quality assurance, manufacturing operations, manufacturing technology transfer (Far East and Europe), and project management of new product engineering in high-tech start-up companies, as well as several Fortune 500 corporations. Chelko's past employers include C-COR, Xerox Corporation, Digital Equipment Corporation, Seagate Technology, Conner Peripherals, and several entrepreneurial start-ups located in California's Silicon Valley.

Lou Gattis returned to the Smeal College of Business in 2004 and is a clinical associate professor of finance. Gattis received a bachelor’s degree with distinction in finance from Penn State and went on to a fifteen-year career in corporate finance and investment management. After graduating from Penn State, Gattis joined IBM Federal Systems in Manassas, Virginia. At IBM, he performed contract financial management, planning, and product pricing. Gattis went on to work at Freddie Mac in Mclean, Virginia, from 1994 to 2002, where he served as director of market risk oversight. In this role, he was responsible for evaluating the financial risk of the corporation's investment portfolio. At Freddie Mac, Gattis also performed financial forecasting and corporate planning. From 1997 to 2002, Gattis served as adjunct professor in finance and economics at George Mason University. Prior to joining Penn State, Gattis served as a teaching professor in finance at the University of Maryland, where he taught MBA courses in investment management, equity valuation, and financial modeling.

 

 


an Penn State Outreach program of the College of Agricultural Sciences, the College of Arts and Architecture, the College of Health and Human Development, the College of the Liberal Arts, the Smeal College of Business, and University Office of Global Programs

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