March 2-11, 2012

Santiago, Chile

Scenic Overview of Santiago

Vina del Mar

Tour Schedule (tentative)
The study tour combines classroom learning, opportunities to meet and interact with Chilean Business executives and cultural experiences. The highlight of the study tour is the site visit – an opportunity to visit multinational corporations, Chilean businesses and American companies doing business in Chile. The site visit allows study tour participants an opportunity to have a dialogue with senior Chilean business executives. While the specific sites visited changes from year to year, in prior tours, we have visited such sites as Stanley Black & Decker, Johnson & Johnson, Telefonica, Hogar de Cristo, ACHS and Codelco.

Telefonica

Undurraga

Hogar de Cristo

The vineyard at Undurraga

The Chilean Study tour is, however, not limited to the site visit. Students will have ample opportunity to immerse themselves in Chilean culture. On past study tours, we have taken a day tour into the Andes, toured Valparaiso (a port city), visited the Naval Museum and gone to a winery. Students have also taken a bike tour of Santiago, hiked to a glacier in the Andes, attended a soccer match, visited a ski resort in the Andes and visited Isla Negra (the home of Pablo Neruda, Chile’s Nobel prize winning author). The tour concludes with a visit to the beach in Viña del Mar.

Valparaiso

Vina del Mar

The Glacier Hike

Course Details and Requirements

Students may elect to enroll in either GB 779: International Ethics and Corporate Social Responsibility or GB 748: International Marketing.  Both classes satisfy the Global elective requirement and count as a concentration course for the International Business concentration.  In addition, GB 748 counts as a concentration course for the Marketing and GB 779 counts as a concentration course for the Management concentration.

In order to enroll in GB 748, students must either have successfully completed GB 702 prior to registration or be enrolled in GB 702 during Fall 2011. In order to enroll in GB 779, students must have either completed GB 700 prior to registration or be enrolled in GB 700 during Fall 2011.

Students are required to attend pre-trip classes, fulfill all course requirements as required by the course syllabus, and attend all site visits.

The class dates (all at our Timonium Graduate Center) are:

• Saturday, January 14, 2012, 10-1pm
• Saturday, January 21, 2012, 10-1pm
• Saturday, February 4, 2012, 10-1pm
• Saturday, February 11, 2012, 10-1pm
• Saturday, February 25, 2012, 10-1pm

Expenses

It is estimated that the cost for the study tour will be approximately $4950.  The fee of $4950 will include the following: 

• Tuition for three MBA credits
• All airfare and transfers
• Hotel accommodations (double occupancy) including breakfast (5 nights in Santiago, 2 nights in Viña del Mar)

This fee does not include:

• Expenses for passports (and visas for non-U.S. passport holders) and entry fees ($140)
• Health, accident or travel insurance

Isla Negra

Hotel Del Mar

Please note:

• The price is subject to change caused by currency fluctuations and airline fuel surcharges
• Equivalent substitutions may be made for company visits, hotels and travel
• Students may elect a single surcharge for an additional $1160.

How to Apply

The size of the study tour is limited to approximately 28 participants. Individual places will be reserved in the order in which completed application is received. Priority will be given to students: 1) who are nearest to graduation; and 2) who have not been on Loyola MBA sponsored study tours in the past.

To reserve a spot, students must furnish a completed application. Please download and email the completed application to Kathleen Fitzgerald (mba@loyola.edu) with a cc: to Nan Ellis (chiletour11@gmail.com). Applications will be received beginning at 9AM on July 12. Unfortunately, applications received before 9AM will not be considered. You will be notified by Friday, July 15 if your application has been accepted.

Payment Deadlines

Study Tour participation is subject to the following deadlines:

• If your application is accepted, a deposit of $500 is due by Wednesday, July 20.
• A second installment of $1000 is due on September 1.
• The balance is due in full by October 14.
• Note: no invoices or reminder notices will be sent
• Any cancellations will be subject to the following refund schedule:
• • Between July 20 and September 1: will result in forfeiture of the $500 deposit.
  • Between September 1 and October 14: will result in forfeiture of $1500
  • After October 14: will result in forfeiture of the entire fee (100%)
• These dates are subject to change.