Business Practices in Latin America
- Visit several business to learn about their business strategy, practices, and opportunities
- Cultural activities are included so students can learn more about Costa Rica's history and culture
- For MAcc students with a serious interest in Costa Rican and Latin American culture, markets, and the business environment
The Business and Culture of Costa Rica program is designed for graduate accounting students to be able to learn more about business in Latin America, and more specifically, Costa Rica. The program will include visits to area companies, including a mixture of local and multinational as well as small and large firms. UCR Business professors will also give lectures on business in Costa Rica and other topics. Excursions and cultural activities are also included.
Costa Rica is known for its natural beauty, extraordinary diversity of flora and fauna, social and political stability, high educational levels, and efficient infrastructure and services. San José, Costa Rica’s capital, is a vibrant and cosmopolitan city. It lies in the Central Valley on a plain surrounded by large forested mountain ranges, some of which include active volcanoes, green savannahs, and working coffee plantations.
Universidad de Costa Rica
The Universidad de Costa Rica (UCR) was established in 1843 under the name Universidad de Santo Tomás. It was restructured in 1940 and re-named the Universidad de Costa Rica. It is the oldest and largest university in Costa Rica, with a population of 35,000 students. The program works directly with UCR’s School of Business to plan the site visits and meetings with local companies. In addition, many of the program lectures are held on UCR’s campus and taught by UCR faculty.
Students are required to participate fully in pre-departure meetings and all scheduled activities in Costa Rica. Before the program, all students will complete assigned readings, participate in case study discussions, and make a group presentation about an assigned Business in Latin America related topic. While in Costa Rica, students will research and debrief other program participants about companies to be visted, prepare daily journals, and prepare posts for the School of Business program blog site. Upon return, students will prepare a written report that summarizes their business and personal learning experience in Costa Rica.
All students will earn 3 credits in IBUS 741: Business Practices in Latin America. Credit is granted by the University of Kansas upon successful completion of the course and overseas program and will be posted to the student's Spring academic record at KU.
Students will be in double or triple occupancy accommodations at hotels. Several group meals are also included in the program.
Students will attend lectures given by UCR professors that focus on Costa Rica and business topics. Past lectures have included Costa Rican history and culture, the business climate and foreign investment in Costa Rica, and UCR Business School social programs. In addition to lectures, students will visit companies in and around San José. Company visits in past years have included Western Union Bank, Baxter, a coffee company, a small recycling company, and a dairy company.
The group will also participate in cultural activities. Past activities in San José have included a city tour and visits to the National Theater, Gold Museum, and artisan market. Activities outside of San José have included visits to a sugar cane plantation, a beach on the Pacific, and botanical gardens.
This program is for MAcc students who have a serious interest in understanding Costa Rican and Latin American culture, markets, and the business environment. Admission will be selective. Minimum GPA is 3.0, though exceptions will be considered after submission of a petition.
Business School Scholarships
Scholarships may be available for study abroad programs. Consult the Center for Global Business Studies website for more information on study abroad scholarships for business students.
Passport and entry requirements
All U.S. citizens must have a passport to enter Costa Rica; no tourist visa is required. It’s recommended that the passport is valid for six months beyond the arrival.
Non U.S. citizens are responsible for understanding their entry requirements. Read more about visas and entry requirements on the website of the Embassy of Costa Rica in Washington D.C. Most students will meet the visa waiver requirement of having a visa issued from the U.S., but also must meet the requirement of having a valid passport for six months beyond the arrival. Please carefully read the information on the website.
Alee Phillips, Associate Director of the Masters in Accounting program, will lead the program again this year.