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  • Locations: Tbilisi, Georgia
  • Program Terms: Fall, Spring Short Term
  • Cost Estimate: Spring Short Term
Dates / Deadlines:

There are currently no active application cycles for this program.
Program Description:

Georgia: Global Business Project


Is this program for me? 

Georgia_Tbilisi_CinderallaIn this consulting course students will work in teams with Georgia-based clients on a specific actionable issue identified by the client. Students will participate in on-campus course sessions followed by travel to Georgia. While in-country students will participate in onsite meetings and faculty-facilitated discussions, which will give the students an ‘on-the-ground’ perspective of the economic, social, political, and legal realities of Tbilisi/ Georgia in a larger global context. Work with the local host client will consist of a number of visits to the firm and meeting with key personnel. At the end of the trip there will be a formal presentation of the deliverable and feedback from the client.
             
In preparation of the trip, the students will be provided with the information necessary so they can obtain a working knowledge of the industry in which their client operates, as well as the institutional and cultural framework of Georgia and its capital Tbilisi.

Georgia is a country that is rapidly developing due to 1) its ideal location, namely proximity to the developed consumer market of the European Union and developing consumer market of China, as well as its close proximity to the oil rich Middle East, 2) political stability, and 3) still low wages compared to other developing countries such as Vietnam and South America. Indeed, since 2003, Georgia has been pursuing a strongly pro-Western foreign policy, aiming to be admitted to the EU and the NATO and in order to accomplish that they introduced a series of democratic and economic reforms, albeit with apparent mixed results.

Nevertheless Georgia has been ranking higher (better) on surveys such as the Index of Economic Freedom (2017: 13th) and Ease of Doing Business Index (2017: 16th). Foreign investors have been taking note and indeed the result is that Georgia is becoming more integrated into the global economy: Its 2015 imports and exports account for 50% and 21% of GDP respectively. Furthermore its economy is moving away from being agriculturally based to becoming more devoted to the Service Industry (2016: The Service Industry represented 68.3% of GDP versus 9.2% for the Agricultural Sector). Tourism is also increasing in importance for the Georgian economy: In 2016, according to the Georgian National Tourism Administration, 2,714,773 tourists brought approximately US$2.16 billion to the country.

 

Course Objectives

By the end of the course students should be able to:
  1. Utilize a formal consulting framework to design and execute a custom-tailored process to answer the key business questions identified by a client organization. This process would include
    1. Developing working hypotheses
    2. Designing and implementing a data collection plan
    3. Synthesizing data to answer key questions identified by client organizations,
    4. Developing creative, well supported, impactful and actionable recommendations and implementation suggestions, and
    5. Communicating, effectively and professionally, in written and oral form while executing a project plan as a team to respond to the challenges identified by the client.
  2. Demonstrate a deep knowledge of the structure and dynamics of their client’s industry, and of the central topic/theme of their project.
  3. Demonstrate a broad knowledge of the economic, social, political, and cultural aspects of the country where their clients are located, as well as demonstrate an appreciation for the implications that cultural and institutional distance have on global business practice.
 

Eligibility

This program is open to graduate students and qualified undergraduate students.

Academic Credit

3 credits are awarded for successful completion of FINA 6290. 

This program fulfills general elective credit for Master's and MBA programs. Students may petition to have study away courses count towards Graduate School of Business Certificates or other Master's degree requirements by speaking with their academic advisor. 
 
Undergraduate applicants should consult with their advisors to see if this course will fulfill degree requirements; otherwise this course may serve as an unrestricted elective.

CalendarGeorgia 2

Application Deadline:
Sunday, October 29, 2017


On-Campus Dates
January 24, 2018 - 6pm to 9:00pm
February 14, 2018 - 6pm - 9:00pm
February 28, 2018 - 6pm - 9:00pm
March 28, 2018 - 6pm - 9:00pm
 
Overseas Dates
March 9 - 17, 2018

 

GW Professor

Dr. Tom Geurts (tgg@gwu.edu) – Associate Professor of Finance

Cost Estimate

Click HERE  for the program cost estimate.
 

Information Session

View a live recording of the information session HERE.
 

Additional Information

DRAFT_Itinerary_Georgia_Geurts_Sp18.pdf
DRAFT_Syllabus_Georgia_Geurts_Sp18.pdf
 

Questions?

This program is administered by Global & Experiential Education in The George Washington University School of Business.

Feel free to contact us at 202.994.0767 or sbintl@gwu.edu with questions.

Helpful Links

Eligibility & Payment (GWSB Graduate)
Cancellation Policy for Short-Term Abroad
Health Insurance for Short-Term Abroad
Non-Participant Accompaniment
Pre-Departure, Health & Safety Orientation for Short -Term Abroad
Withdrawal & Refund Policy (GWSB Graduate) 

Global and Experiential Education Scholarships

Photo credit: Cinderella Travel