Illinois MBA
2005 Study Tour


January 14, 2005

Bencic: Friday started off with a second attempt at visiting the US embassy. This time was more successful and the students listened to brief speeches from various embassy personnel, such as the visa, political, economy, military and other attaches. … The remainder of the day was spent in classroom where the final project was discussed. The project is very comprehensive in scope and will require plenty of dedication and time to be completed successfully.

View of the city from the river.

Professor Obloj intends to fly over to Urbana-Champaign to finish the remainder of the course. This will be accomplished through four sessions where groups of 5 students will present their entry strategy in the polish banking industry. Being the acting chairman of the board at a Polish bank, Professor Obloj is perfectly suited to give the students instant feedback as to what ideas and strategies might or might not prove successful. Thus, students will receive invaluable feedback that will deepen their knowledge of international business issues.

Cruser: Today, our final day in class begins with a visit to the US Embassy. We meet the US ambassador, Victor Ashe, the former mayor of Knoxville, Tennessee, for 16 years. Each major division from trade to defense talks about their roles as delegates and ambassadors of the US.

Now, armed with a sizeable amount of information from McKinsey and Professor Obloj, our final project is doled out. We are to create an entrance strategy for a financial institution within the Polish economy. Our goal is to find the most efficient and profitable means of doing so within our teams of 5 to 6. We go through the material and then bid each other adieu until we meet again in two weeks in the United States.


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