International Field Experience in Accounting
August 8-15, 2015
This study abroad program provides students the opportunity to learn about the culture and financial markets in the Czech Republic as CSU travels to the Eastern European city of Prague. This program showcases the progression of this historical region as it transitions to an active member of the European Union (EU) by focusing on meetings with EU representatives, international accounting firms to discuss the adoption of International Accounting Standards, international banks to examine the role of the financial markets in this changing economy, and finally through a visit to the historic city of Dresden, Germany.
This program is intended to broaden a student's awareness of the international business climate. It will provide an understanding of the economic, political, and cultural aspects of doing business in the recent European Union entrant, the Czech Republic. In addition, it will expose students to the role of internationl financial markets and the expertise that international acccounting firms have provided as this former Eastern Bloc country makes the transition to membership in the EU. This seminar is a field-based course that enables students to observe international environments and study, first-hand, two international accounting firms and two international banks as well as meeting EU reps and visit other companies operating in this economy. Additionally, students will spend a day visiting Dresden, Germany, to visit the Volkswagen plant and see other sites in this historically significant city. Students are required to enroll in the 3- credit course for this program: ACT 496 or ACT 696. The course includes the international component in August as well as three mandatory pre-departure meetings held at noon on three Saturdays in the months preceding the travel. Class meetings will take place on Saturdays, May 30, June 27 and July 25 from noon to 3:30 PM. The final paper for the course will due sometime in the fall semester (see course syllabus).
Minimum undegraduate cumulative GPA of 2.0; minimum graduate cumulative GPA of 3.0. At the time of application, the CSU student must have completed at least two semesters at CSU if a first-year, or at least one semester if a transfer or graduate student. The applicant must not have any red flags on their Treasury Services account and no infractions of the Student Code of Conduct that would prevent successful participation on this program as determined by CISP and the Judicial Affairs Office. As a pre-requisite for this course, students must have completed or be enrolled in ACT 221 (if undergrad) or ACT 501 (if MBA) at the time of application or summer 2015.
The program fee is $3,400 and will include:
- Round-trip airfare
- 4-star hotel (double occupancy)
- Breakfasts and a welcome dinner
- Tours and presentations at area businesses
- Public transportation pass in Prague
- Chartered coaches to and from the airport
The program fee does not include CSU tuition for the required 3-credit course. It does not include lunches, most dinners, souvenirs, site seeing or historic landmark tours. Students should budget an extra $500 - $600 for these expenses. Students are also personally responsible for passport and/or visa fees (when necesssary), health insurance with international coverage, and other incidentials.
- $250 payment due with application (see application for instructions on how to make this payment).
- $1,500 is due Friday May 29.
- The remainder of the fee, $$1,650 is due a month later on Tuesday, June 30.
You make payments toward these charges just like you would for tuition, electronically through Campusnet or by cash/check through the Cashier’s desk in Main Classroom or by mail. The remaining program fee (-$250) will be on your CSU financial account once accepted on the program. If your program fees are not paid by payment deadlines, you may be removed from the program but still owe the fees.
Students may use Fall 2015 financial aid to pay for the program fee (except for the $250 deposit which must be paid at the time of the application).
*In order to apply Fall financial aid toward the fees, the student must provide the CISP with a copy of their financial aid award for 2015-16 reflecting enough Fall finanical aid to cover both the tuition costs of all courses taken in the Fall term and the program fee. A hard copy/ printout of the award must be submitted to the Center for International Services and Programs by the first payment deadline of May 29.
There is a scholarship available to students on this short term program. Eligible students can apply for the CISP Education Abroad Scholarship (click on the link to go to the eligibility requirements for the scholarship as well as to download the application forms).
If you are not a United States citizen (even if you are a Permanent Resident), you may need a visa to enter the Czech Republic and Germany. If you have any questions regarding visas, contact the Center for International Services and Programs. The staff will assist you in making any visa applications necessary.
The program application and non-refundable/non-transferable $250 deposit are due by April 30, 2015.
Dr. Heidi Meier C.P.A
Professor of Accounting
Center for International Services and Programs