Programs : Brochure
Poland & Czech Republic: Finance FIN360 and FIN680V Field Study (Outgoing Program) Featured
- Locations: Krakow, Poland; Prague, Czech Republic; Warsaw, Poland
- Program Terms: Spring
- Dates / Deadlines
Pre-trip class sessions: February 23, March 23, April 6, April 20 and May 11, 2018
Dates Abroad (to be confirmed): Wednesday May 23 – Saturday June 2, 2018
Post-trip class session (to be confirmed): TBA
Class sessions will be held on NY campus, meeting time: TBA
**Attendance at all scheduled meetings is mandatory**
This course is an international field study course, which incorporates a 10-day trip to Poland and Czech Republic. While in Eastern Europe, students will attend seminars given by corporate and investment bankers, government officials, and other financial executives. The primary objective of this course is to introduce students to the economies of two Eastern European countries, with a focus on financial innovation and global integration of capital markets. The trip will emphasize the lessons that developed economies can learn from these emerging European economies, in order to boost their economic growths. A second course objective is to study these countries vis-à-vis western EU members while having discussions centering around the challenges facing the Eurozone. A third objective targeted at graduate students is to study multi-national trade, analyzing the countries’ competitiveness in a global economy by examining micro and macro-economic global trade issues.
If approved, students will registered for:
Undergraduate International Field Study in Finance FIN 360: PLV CRN 22837, NYC CRN 22856 (3 credits)
Graduate International Field Study in Finance FIN 680V: PLV CRN 23703, NYC CRN 23702 (3 credits)
Good disciplinary and academic standing
Prerequisite: Undergraduate: FIN 260 or FIN 301 (Financial Management) and junior standing, Graduate: MBA 648 (Corporate Finance).
2018 program fee (in addition to tuition, flight, & $100 study abroad fee): $2,775* (*approximate and subject to change)
*Students should budget extra funds for meals.
*Please note that this travel cost is approximate and subject to change in the possible event of airline fuel surcharges.
$500 deposit due:
November 29, 2017 EXTENDED TO DECEMBER 20TH, 2017
$2,275 remaining balance due : January 26, 2018
Requesting Financial Aid
You may request that your financial aid package be extended for your study abroad program. We will work with you if you have special circumstances and cannot meet the established payment deadlines. Please contact email@example.com to request a budget sheet.
We will work with you if you have special circumstances and cannot meet the established payment deadlines. Please contact firstname.lastname@example.org for payment plan request.
For undergraduates, $1,000 Pforzheimer Honors scholarship can be applied if it has not yet been used. Please contact email@example.com if you would like to utilize the Honors scholarship.
The Center for Global Business Programs offers international field study scholarships to help fund your travel fees. During the Spring 2018 semester, the Center will offer scholarships through a grant received from the Nancy and Gene Celentano Fund, available only to Lubin students enrolled in the International Field Study to Poland and the Czech Republic. The Celentano Fund offers awards ($2,500 per student) for competitive students who display academic merit, financial need, and submit a compelling essay. Students will need to have a minimum QPA of 3.3, have completed a minimum of 12 credits for undergraduate students and 9 credits for graduate students, and have filed a 2017-2018 FAFSA with the financial aid office. Applicants may also be interviewed by Gene Celentano. The scholarship round will be open between October 16 - December 1, 2017 5:00pm. For scholarship questions, please contact Patricia Temmerman, firstname.lastname@example.org.
Applications can be accessed here.
Students will book their own flights to arrive and depart from the program.
We will post recommended flights here using STA travel once we have more details.
What is a Passport?
A passport is a document issued by your national government that certifies your identity and nationality for the purpose of international travel. Almost all international travel requires that you have and carry a passport. Your passport must be valid for at least 6 months after re-entry to the United States.
For citizens of the United States, passports are issued by the US Department of State and provides many uses:
When presented abroad, it is a request to foreign governments to permit you to travel or temporarily reside in their territories and access all lawful local aid and protection.
It allows you access to US Consular services and assistance while abroad.
It allows you to re-enter the United States upon your return home.
It is important not to confuse a Passport Book with a Passport Card: A Passport Book is valid for international travel by air, sea, or land.
A Passport Card is valid when entering the US from Canada, Mexico, the Caribbean, and Bermuda at land border crossing or sea ports-of-entry. A Passport Card is not valid for international travel by air.
How Do I Apply for a Passport?
First time applicants should follow the instructions listed on the State Department’s website. Applicants must bring their completed application, photos, required documents, and form of payment to one of many acceptance offices, which can be found using the State Department's passport acceptance facility search page.
Those looking to renew an adult passport should follow the instructions listed on the State Department’s website. For citizens over 16 years of age, a passport is valid for 10 years.
The fee to receive or renew a passport is available on the State Department's full chart of costs. It generally takes 4 to 6 weeks to process, so apply for a passport as soon as possible. You could expedite the services at an additional charge.
What is a Visa?
A citizen of a foreign country who seeks to enter another country generally must first visa, which is placed in the traveler’s passport and allows you to travel to, from, and within that particular country or region legally.
Countries typically break visas down into types that reflect the purpose of your visit—tourism, studying, and working, among many potential others.
Each visa has different requirements necessary to obtain them depending on country, type, duration and nationality of the applicant. A country’s consular office should be able to provide you with a list of requirements based on these factors.
A visa is a privilege, not a right. A consular office may deny your visa application, so it is best to adhere to their requirements as much as possible.
How Do I Apply for a Visa?
Obtaining a visa is your responsibility. It is important that you know what is required of you before attempting to enter a country. Failing to obtain a visa (or the correct visa) could result in a denial of entry into a country, and even criminal charges.
You can find the most up-to-date visa information by contacting the consulate or embassy of your host country. US Citizens can also find current visa information on the US State Department website.
Non-resident students must reach out to International Students and Scholars Services (ISS) by emailing email@example.com.
Check if you will be able to keep your SEVIS record active while participating in the study abroad program.
Inquire about re-entry to the US at the completion of your program. Will you need to renew your US visa? Will your travel signature be valid?
If it will be your final semester, ask whether study abroad will impact your ability to apply for Optional Practical Training (F-1s).
Poland uses the Polish zloty and Czech Republic uses Czech koruna as their national currency. If you are traveling with your smartphone, it will be useful to download a currency converter app such as XE Currency Converter. Some apps are available for use offline, so if you are in an area with no access to WiFi, your app will still work!
Standard electricity in Poland and Czech Republic generally runs between 220 and 240 volts, while the US and runs at 110 volts. Although the voltage can be the same, you may want to purchase a power converter in the event the voltage is higher than expected. You will however need to purchase a plug adapter, as the Polish and Czech plugs are different than those in the US.
What are plug adapters and power converters? Plug adapters allow you to plug your American flat-pronged device into Poland and Czech Republic's two round-prong socket. Power converters protect your appliances from overheating, which usually occurs with high current devices such as hair dryers and curling irons. Most plug adapters and power converters can be purchased in a set but for heating devices it is recommended that you purchase a power cord as well.
Click here for country specific adapter/converter information: Czech Republic & Poland
International cell phone options vary depending on your individual wants and needs. Some students choose to disconnect from their home using only local WiFi to keep in touch, while others want to use their phone to keep in touch with family and friends, post to Instagram, Facebook, or surf the web. Be sure to talk with your family before choosing an option.
International Cell Phone Plans
You can use your own cell phone with an international calling plan. These plans vary depending on your cell phone provider. These plans can be complex so be sure to call your provider for detailed information such as roaming charges, international dialing and receiving of calls and international sending and receiving of texts.
International Sim Cards
Purchasing an international or global sim card allows you to use your own cell phone at reduced rates around the world. Sim cards are best for travelers who are either visiting many countries and/or going to be in a country for a short period of time. You will keep your own cell phone number, have access to voice, text, and data, but spend less on your call service. You pay as you go and reload your sim card when you need to. In order to do this option, you must have a GSM carrier unlocked cellphone for the sim card to work. To find out if you can unlock your cellphone you must contact your cell phone provider.
Buying or Renting an International Phone
Another option is to buy or rent a cellphone for your time abroad. There are many services that offer cell phone plans from basic, very inexpensive cell phones to expensive smartphones.
Below are a few websites where you can purchase and international cell phone. Keep in mind there are tons of sites for you to find a phone. Make sure they are legitimate sites (read the reviews).
Wifi and Apps
Turning off your cell phones data and roaming and relying on WiFi is the cheapest way to keep in touch with family and friends. However, with this option you do not have the ability to google directions, food or find a place to listen to a live band. Students can also use WiFi, which us usually available in large chain cafes, hotels, hostels and some restaurants. There are many apps you can use to communicate with family and friends such as Skype, WhatsApp, Viber, Facebook Messenger, Line and more.
Weather in Poland (Krakow and Warsaw) changes all over the year throughout the four seasons. Poland is situated in a moderate climate zone. In summer (July) – the temperature varies from 25° to 35° Celsius. The coldest months are January and February with temperatures falling a couple of degrees below zero.
July is the hottest month in Prague, Czech Republic with an average temperature of 18°C (64°F) and the coldest is January at -1°C (30°F) with the most daily sunshine hours at 9 in June. The wettest month is May with an average of 69mm of rain.
Your health and safety are Pace International's top priority and it should be your's as well. Always be aware of your surroundings, travel in pairs and when you are out at night, stick to licensed taxi’s only. Always have your identification, your insurance card, your hotel card, a debit or credit card, and some cash on you at all times. Do not carry your passport with you unless specified by your professor. Keep your passport, large sums of money, prescription medication, any important documentation and electronics in your hotel room, preferably in a safe at all times.
Before traveling to a new country, it is important to do your research. Learn about the history, politics, dress, language, norms, faux pas, food, etc. This can be accomplished with a quick Google search.
Polish cuisine is a style of cooking and food preparation originating in or widely popular in Poland. Polish cuisine has evolved over the centuries to become very eclectic due to Poland's history. Polish cuisine shares many similarities with other Slavic countries, especially Czech, Slovak and Ruthenian. It has also been widely influenced by other Central European cuisines, namely German, Austrian and Hungarian cuisines as well as Jewish,French, Turkish and Italian culinary traditions. It is rich in meat, especially pork, chicken and beef (depending on the region), winter vegetables (cabbage in the dish bigos), spices, and herbs.It is also characteristic in its use of various kinds of noodles the most notable of which are kluski as well as cereals (grains) such as kasha (from the Polish word kasza). Generally speaking, Polish cuisine is hearty and uses a lot of cream and eggs. The traditional dishes are often demanding in preparation. Many Poles allow themselves a generous amount of time to serve and enjoy their festive meals, especially Christmas eve dinner (Wigilia) or Easter breakfast which could take a number of days to prepare in their entirety.
Czech cuisine (Czech: ceská kuchyne) has both influenced and been influenced by the cuisines of surrounding countries. Many of the cakes and pastries that are popular in Central Europe originated within the Czech lands. Contemporary Czech cuisine is more meat-based than in previous periods; the current abundance of farmable meat has enriched its presence in regional cuisine. Traditionally, meat has been reserved for once-weekly consumption, typically on weekends. The body of Czech meals typically consists of two or more courses; the first course is traditionally soup, the second course is the main dish, and the third course can include supplementary courses, such as dessert or compote (kompot). In Czech cuisine, thick soups and many kinds of sauces, both based on stewed or cooked vegetables and meats, often with cream, as well as baked meats with natural sauces (gravies), are popular dishes.The Czech cuisine is affected by German(for example-štrudl-strudel) ,Austrian(for example rízek-snitzel) ,Slovakian(for example žemlovka or halušky s bryndzou) ,Polish(for example bigoš) and Magyar cuisine(for example guláš-goulash or klobásy-sausages).
Flying internationally can be an expensive purchase. As a student there are many discounts you can take advantage of. Remember to do your research and compare prices. If you have a credit card that as a point system, you may be able to use those points towards your airplane ticket.
Below are some websites we feel have the best prices for student travelers:
Thank you for supporting studying abroad as a significant opportunity in the student's life. Studying Abroad is closely linked with higher grade point averages, shorter time to graduate, and a key to a successful early career as global companies as seen as a high priority by many employers.
Study Abroad Programs have a variety of different financial models, and time commitments. Study Abroad is affordable. Study Abroad is committed to high academic standards and the student will work with the Study Abroad and their respective school/college and department to meet the academic needs.
In addition, the Pace Internationals believes that studying abroad should provide participants with a significant cultural as well as academic experience. Whether it is through a homestay living arrangement, an in-country internship or other planned cultural and social activities, your participant will be given an opportunity to interact with the peoples and cultures of their host country.
The Study Abroad team will with each participant to insure that their individual needs and concerns are addressed before, during and after their learning abroad experience. Whatever type of program your family member or friend has chosen, I hope that this information helps you understand their unique experience and helps you provide the support at home that your participant needs to enjoy a rich and profound experience abroad.
Please reach out to us with questions or concerns, big or small, regarding your student's studying abroad: firstname.lastname@example.org
Pace Education Abroad recognizes and supports a diverse student population on its study abroad programs. Matters of personal identity can impact all students on a study abroad program. For some, it may be the first time you are a minority in your community. For others, you might notice that you are getting attention based on your identity either positive or negative. It is important to remember that you have control over your response to that attention.
We encourage you to do some research into social norms, cultural norms, and local practices before choosing and beginning your program. You will want to participate as much as possible in the host culture and should be prepared for the experience, which can be both personally challenging and rewarding. Please consult the Education abroad website as you consider and prepare for your experience abroad.
Keeping in touch with family and friends is becoming easier as WiFi is more prevalent in international cities. You no longer need to spent a ton of money to call home or go to an internet café. Downloading apps on your smartphone is becoming an essential resource for travelers.
Some apps that you will find yourself needing:
Money, money, money… It is an important component to your study abroad program to have all your money matters taken care of before departing. From contacting your banks, to creating a budget and obtaining local currency, this is a step you should begin as early as possible.
It is important to contact your banks to let them know you are traveling internationally and for how long. If you do not let your banks know, not only will you not be able to use your credit cards or debit cards, your accounts will be frozen. Unfreezing accounts take time, time in which you will not have any money available for you to use.
Creating a budget for yourself is essential to not running out of money abroad and having to call friends or family for additional funds. Below is a budget worksheet to help you stay on track with your money.
Taking your credit card abroad is very common and probably the easiest way to make a purchase. Be aware of interest rates and international charges. Some credit cards charge you a lot for a single purchase while others have no international transaction fees. Call your bank to find out what the international transaction fee is on your card. Please note: International cards vary by card, not by company. For example, some Chase cards have zero fees, while another may have a very large fee. Read the guidelines carefully before deciding on a card.
Make sure your credit card has a designated pin number. You will need a pin number to make any purchase. If you do not have a pin, or if you are unsure, a quick call to your bank will clear up any confusion.
Currency exchange rates can be high and the interest rate at many shops, especially near or in airports or train station, can really hurt your budget. You will generally receive the best exchange rate at your bank. You should being $100 to $200 dollars in the local currency with you. Some banks have the most popular currency, like Euros on hand, while others have to be ordered. This process can take up to 2 or 3 weeks so be sure to do this in advance. If and when you need more cash, an ATM is your best option, but again be aware of transaction fees. Not only will the bank whose ATM you are using charge you, your bank will most likely charge you as well.
Below are a list of international credit cards we suggest:
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