IFSA Study in Shanghai: International Business
YOUR TICKET TO ASIA’S FINANCIAL HEADQUARTERS
As China’s financial epicenter, Shanghai is a fascinating place to explore international business, economic development, marketing, finance, and more. Put theory into context with corporate visits and internships at Chinese and multi-national companies. These experiences not only give you a front row seat to this nation’s rapidly changing business environment—they also stand out on a resume.
Enhance your professional communication skills with an elective specially geared for business. Team up with a Chinese university student for a couple of hours of casual, social language practice each week.
Looking for a different focus in Shanghai? Explore IFSA Study in Shanghai: Social Sciences and IFSA Study in Shanghai: Intensive Chinese Language. And for maximum flexibility, explore IFSA Study in Shanghai, with no required courses.
Details at a Glance
The IFSA Study in Shanghai: International Business academic track offers unparalleled opportunities to examine China’s rapidly changing business environment and the global networks in which it plays an increasingly strategic role. Maximize your learning by tailoring classes to your academic focus, enrolling in the required core class and three to four elective classes, including an internship opportunity. You must have completed one business and one economics class prior to arrival, or two economics classes if business is not available at your school.
China: Economic Giant
The class provides an interpretative survey of China’s emergence as a global economic power. The phenomenal changes in the Chinese economy over recent decades are highlighted, and aspects of quantitative development are related to the radical reforms adopted since 1978. Students discuss major policy issues encountered by the Chinese government in sustaining high-speed economic growth without instability. Students also explore China’s pursuit of full integration into the global free trade system. (3 U.S. semester credit hours)
Customize your semester based on your personal interests and degree requirements, choosing from electives from the IFSA Study in Shanghai: International Business academic track as well as our IFSA Study in Shanghai: Social Sciences academic track. All elective classes are taught in English. Not all electives may be offered in a given semester depending on enrollment and faculty availability.
International Business Electives
China as a Global Market
China is not only a major export market but also a global sourcing base, given that Chinese exports are dominated by foreign-funded enterprises. Discussions include China’s rising purchasing power and consumption market potentials, trends in China’s demand for capital goods and western technology, marketing new products, cultural attributes in Chinese consumer behavior, outsourcing and sourcing in China, the service industries, international distribution systems, market regulations and deregulations, export tax rebate and import duties, and pricing and terms of payments. (3 U.S. semester credit hours)
International Internship Seminar
Students are placed in individual internships but collectively take part in the seminar to prepare for the experience, understand expectations, set personal objectives, identify, and strengthen specific skills, critically reflect on their progress, share experiences, and learn from each other throughout their term. Students develop a deeper understanding of themselves, their professional areas, and Chinese work culture. In this seminar, which is focused on application of theory to practice, students gain real world work experience while developing intercultural agility — skills and experiences that are critically important to personal, academic, and professional success. (3 U.S. semester credit hours)
International Money and Finance
Students must have completed an Introduction to Finance class as a prerequisite for this class. This class familiarizes students with the basic theories for global financial liberalization and the major policy problems involved for the Chinese government to fully integrate the country with the global financial system. Discussions address Chinese interest rate determination, the exchange rate regime, and associated risks; new investment and financing techniques; B-share versus A-share in Chinese stock markets; the role of qualified institutional investors; and the possible implications of renminbi becoming fully convertible in the future. (3 U.S. semester credit hours)
International Trade: A Chinese Perspective
This class helps students develop the conceptual basis and the necessary tools for understanding modern international trade at the intermediate level. Topics include classical and modern theories of international trade, factor price equalization, empirical tests and extensions of the pure theory model, economic growth and international trade, the nature and effects of protection, and motives and welfare effects of factor movements. Each topic includes case studies under the context of China’s international trade with the U.S. and the rest of the world. (3 U.S. semester credit hours)
Managing Enterprises in China
This class focuses on the modus operandi of major types of enterprises in China, such as large-scale state-owned enterprises, share-holding corporations, collective enterprises of global significance, and foreign-funded conglomerates. Discussions address functional aspects of enterprise management, including production and investment decision-making, financing, marketing and supply sourcing, human resource management, technology transfer, and research and development, as well as the Chinese government’s changing regulatory framework. (3 U.S. semester credit hours)
Operations and Supply Chain Management
This class introduces business operation and supply chain management. Both operations and supply chain management are the primary functions of every company and organization. In this age of rapid globalization and fast-moving information, operations and supply chain management are the keys to improving company profitability and sustainability. It is crucial for the success of a company and its customers; therefore, no one should underestimate its importance. (3 U.S. semester credit hours)
Social Sciences Electives
City and Environment
With a rapidly growing population, rising lifestyle expectations, and continuing industrial production, urban China’s usage of water and energy resources is a key question for those concerned with a sustainable future. This class will localize these issues by investigating Shanghai as a case study of urban environmental issues in China. How does Shanghai face the challenges of resource use and waste that its sprawling urban footprint creates? How sustainable can Shanghai become? (3 U.S. semester credit hours)
Contemporary Chinese Politics: State, Party, People
This class examines the current political leadership of China, urban and rural relations, nationalism and foreign policy, mass participation, and the emergence of the rule of law. How has the communist political system evolved? What are the challenges when the society is under massive change as a result of economic reform and globalization? How is political stability maintained? And most importantly, the million-dollar question: when will China democratize? (3 U.S. semester credit hours)
Public Health Policy and Practice in China
Public health policy in China has been shaped by rapid and profound economic, social, and political currents. This course examines those developments and their implications for public health practice. Contemporary issues in health policy at national and local levels will be explored within the context of the health system. Topics include the former One Child Policy and family planning, caring for an aging population, child and maternal health, health literacy, and regional and urban/rural variations in health. (3 U.S. semester credit hours)
Sino-U.S. Relations: Superpower and Realignment
The U.S.-China relationship is one of the most important bilateral relationships in the world. This class examines their intricate relationship, focusing on the period after 1949, when the People’s Republic of China was proclaimed. What roles have trade and human rights played in the relationship? How have recent incidents, such as the American bombing of the Chinese embassy in Belgrade in 1999 and the 9/11 terrorist attacks, influenced the strategic Beijing-Washington relationship? What lies in the future, as China rises? (3 U.S. semester credit hours)
Survey of Art in China
This class is a systematic seminar that explores the important developments in Chinese art from early history to modern times. Most sessions will take place in selected museums throughout Shanghai. Rather than studying the objects as art, students will examine them as “artifacts.” Students also will explore questions such as: When and how did these artifacts come to be placed within the precincts of art museums? What statement does the object narrate regarding its historical and present context? (3 U.S. semester credit hours)
Traditional Chinese Medicine
For more than 3,000 years, traditional Chinese medicine (TCM) has formed a unique system for diagnosing and treating disease as well as cultivating life-long health. A combination of classroom sessions and hands-on TCM practica provides a lens through which students can better understand the Chinese cultural context in which today’s public health policy is implemented. This class introduces basic TCM theories, useful daily diagnostics, and treatment methods including acupressure, Chinese herbs, dietary adjustments, cupping, reflexology, acupuncture, and exercises such as tai chi. (3 U.S. semester credit hours)
Developing skills in a foreign language can profoundly impact your life personally and professionally. Though language study (other than Essential Chinese) is not required, students frequently report their Chinese language class as one of their favorites and the one they applied most outside of the classroom.
If you’ve never studied Chinese before, and you decide not to take an elective language class, you’ll take this introductory seminar to contemporary Chinese language and culture taught intensively during the first weeks of the program. By introducing key words and phrases and venturing out into the city to practice them, you’ll gain essential skills to communicate effectively and navigate in a new culture. (1 U.S. semester credit hours)
No prior language study is required. A placement exam during on-site orientation determines each student’s appropriate language level. (6 U.S. semester credit hours)
- Beginning Chinese I
- Beginning Chinese II
- Intermediate Chinese I
- Intermediate Chinese II
- Advanced Chinese I
- Advanced Chinese II
- Advanced Chinese III
- Advanced Chinese IV
- Advanced Readings in Chinese
You must have completed three semesters of Chinese language prior to taking this class. You will develop specialized skills in business-related Chinese communication in both oral and written form. (3 U.S. semester credit hours)
IFSA internships include real-world work experience, along with developing intercultural skills and experiences that are key to personal, academic, and professional success. Expect to devote a total of 120 hours working with your host organization, with supervision from your seminar instructor, coordinated by on-site IFSA team members. In addition, interns complete the International Internship Seminar for 3 U.S. semester credit hours. Internships are not remunerated.
Students have interned at Chinese and international non-profits, corporations, and think-tanks that promote public or environmental health in Shanghai.
Your goals are carefully considered, tailoring the placement process to ensure the best possible fit. Keep in mind that final placements depend on your skills (including Chinese language abilities), prior experience, and availability. Although every effort is made to match your placement with your preferred field or area of business, it can’t be guaranteed. Internships are conducted in English and Chinese.
Application. After you submit your application, resume, and IFSA Internship Intent Form, an IFSA Enrollment Counselor and an on-site IFSA Team member will work with you to identify your professional strengths, review your goals, and refine your internship interests to establish a match. From there, you’ll have an interview in Shanghai with your potential internship host. You will be provided with tips and resources to prepare for your interview.
Sample Placements. The following are examples of internships IFSA students have recently completed. Placement options vary from term to term.
- Research and draft grant proposals for funding available to non-profit organizations for health promotion campaigns
- Coordinate planning and implementation of environmentally focused conferences and events
- Participate in monitoring and evaluation of a large-scale sanitation and hygiene project in rural provinces of China
- Assist in organizing accessible group field trips that contribute to the well-being of differently abled community members
- Support public relations campaigns for an international policy consulting firm
- Document and report on disasters in the Asia-Pacific region using a proprietary management information system
- Assist with development of virtual brand presence; monitor and maintain regular social media activity
- Research and report the latest regulatory issues affecting foreign investment
- Develop marketing strategies for foreign brands interested in entering the Chinese market or already in China wanting to improve their business
- Design and develop software applications and local information systems according to customer requirements
- Play an active role in all aspects of the client engagement process including interviewing clients, building financial models and creating and delivering presentations
- Conduct industrial analyses and research traditional wealth management approaches
- Lead organization of English classes for Chinese migrants, including course preparation and occasional instruction
- Contribute to brand strategy and communications; monitor and maintain regular social media activity
- Assist in arranging accessible group field trips that contribute to the well-being of differently abled community members
- Support administration of intercultural and international educational programs across China
- Research legal resources for company advisors; support processing of legal translations
- You must be at least 18 years of age. Students under 18 may be accepted on a case-by-case basis.
- You must be currently attending or recently graduated from a U.S. or Canadian community college, technical college, two-year college, four-year college, or four-year university.
- You must have completed at least one (1) full-time semester of study at your home institution before the beginning of the term.
This program requires a visa for all students.
Upon completion of your program, IFSA will send an official Butler University transcript to your home university with your coursework converted to the U.S. semester credit hour system. You will also have access to an unofficial transcript in your IFSA Student Portal. The transcript reflects classes taken, credits attempted, and grades earned during your term abroad. This service is included in your study abroad program at no additional cost. See our Transcripts page for more information.
Activities and excursions are designed to pull you into the communities you visit and encourage cultural connections of every kind. There’s no extra fee to participate in these optional outings—everything is included in your program fee.
Below are examples from previous terms; outings may be different for your program. We’ll make every effort to run them all, but sometimes things we can’t control, such as local regulations and health protocols, get in the way. As result, we cannot guarantee activities and excursions.
- City-as-Text: We will use Shanghai as a critical frame to understand the socioeconomics of this port city in a global era. Learn about the stylistic elements of building and infrastructure efforts toward sustainable development from historical and forward-looking perspectives.
- Art Tour of West Bund Cultural Corridor: Through guided tour, you will visit museums and art galleries where foreign and Chinese artists are featured to discuss the state of contemporary art in China and the importance of culture in fostering international exchange.
- Visit to Manufacturing Plant: As a major financial and economic hub in Asia, Shanghai has many benefits to offer to companies and entrepreneurs. You will be able to network with local and international professionals, further your career aspirations, and learn about innovations taking place in the city and how a multinational company localizes the operations and manage its supply chain networks.
- Food and Local Culture: Chinese food is well known for its distinctive culinary style and diverse regional flavors. More importantly, Chinese food and the way it is prepared and served have rich connotations that resonate with the culture, tradition, and lifestyle of different ethnic groups. You will hear from experts telling the story of local food development as Shanghai becomes an international cosmopolitan city. You will also learn to make colorful Chinese dumplings and experiment with food from Shanghai and elsewhere to enrich your taste buds.
- Tai Chi and Calligraphy: Throughout multiple workshops, you will have the opportunity to practice tai chi and calligraphy with local experts and gain greater insights into Chinese art and philosophy.
- Water Town Trip: During an overnight trip, explore a water town, also called canal towns, outside the hustle and bustle of Shanghai. These ancient and historic towns are known for their bridges, rivers, and canals. You will explore stunning landscapes, visit local art and craft markets, and gain a deeper understanding of China’s social and economic diversity.
- Local Community Visit: Transform your thinking of traditional urban-rural lines with a visit to a local community where you’ll meet with local people to hear their life stories, learn about their day-to-day routines, and discover their ongoing grassroots initiatives.
Housing and Meals
HousingApartment/Flat, Single Room (May Incur Added Costs)
Shanghai students have two housing options: international student dorms at local universities and student apartments that are operated by private housing partners.
Take a look at an example of where IFSA students have stayed in past years to get an idea of what your Shanghai home might be like.
- Location: The international student building at Shanghai University of Finance and Economics (SUFE). A 15-minute walk from the IFSA Program Center and SUFE classrooms.
- Living space: Furnished four-bedroom apartments. Each student has a private bedroom with bed, desk, and storage. Apartment mates share two bathrooms, a living room, and kitchen. Bedding provided. Students provide towels and kitchenware basics.
- Meals: No meal plan. Students prepare or provide their own meals, and there are many options in the university neighborhoods. Plan on spending $11 to $13 USD/day.
- Details: Emergency call system. Internet not included (about $9/month per student). Easy walk to public laundromat.
- Nearby: Supermarket and shops. Metro. Five Corner Square. University Street. Nanjing Road. Yew Garden. People’s Square.