NGOs
 tWTO

Exchange Rate
determinants
 o pegged currencies
 o floating currencies
Cdn $ issues 
------------------------------
currency exchange debate
fixed or float
--------------------------------
Chpt 10 Text
 o IMF 
 o World Bank 

  World Bank video

   World Development 
    Report 2009
    (19 minutes to watch)

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Disadvantages of 
Exporting
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importing
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LCs Letters of Credit

HRM - Human Resource Management
international development of mgrs
Canoe Race !! parable
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7:15 - 9:00 pm
- if you come early, you can start early
Mar 3
STUDY TIPS
 
 

sample project presentation from Aug 2008  youtube.com...GCY4W9FYFcM

Media Quiz # 1
 o March 2009 Answers
 o Oct 2008 Answers
 o Feb 2008 Answers

MASTER LIST of all the companies students have done in recent years for the Export Question
witiger.com/universityoftoronto
/MGTC44
/Allcompaniesdone
Xportquestion.pdf
 
 

FINAL EXAM TAKE HOME QUESTION 
DETAILS Apr 2009

DETAILS Dec 2008
Media Quiz # 2
o Dec 2008 Answers
o Apr 2008 Answers

HowToDoPresentations-Tips

Watch my YouTube video to understand why

Part 1 www.youtube.com/watch?v=bcuw9bMYgHY
(why this helps you in class, and in job hunting)

Part 2 www.youtube.com/watch?v=8tXadb6IsKI
( a story abut how I made money on the stock market cause I read the newspaper and learned about a particular company)

see also Code of Student Conduct  www.utoronto.ca/govcncl/pap/policies/studentc.html

Code of Academic Behaviour http://www.utm.utoronto.ca/~w3reg/calendar2002-2003/codes_academic_behaviour.html

Received an email from Germany - former MGTC44 student Dan L. provided an update on his work at Porsche.

Dan says
"I wanted to thank you for the amazing experience of having been in your International Business Management class (MGT C44). The insights of that course really help me in my daily work, as I currently am in a Co-op term working as the Assistant of the CFO Porsche Deutschland in their Headquarters in Stuttgart, Germany."

The video "testimonial" was made during a visit Dan made to the C44 class the semester after he took the course - the video is Dan speaking in German, about the course
 youtube.com/watch?v=DfQhg5CYf2M

"Besides the great classroom experience, your course turned out to be very useful in practical work and helped me e.g. to develop risk assessments of the international automobile industry. 
Tools like the "6 environments" provided a really helpful guideline for structuring my analysis."

Alex R.  was in MGT C44, Int'l Business in 2007.
he also served as Coordinator, MESA iBiz Week in early 2008
and was VP Operations and CFO, SCSU (2006-2007)

"Your class was a great learning experience and introduction to the International Business field!...Living by yourself in a new country that has
a new culture and in which you have to get by in a language you didn`t
have the chance to learn much of before arriving is... definately an
experience!" 

Alex is on an internship with AIESEC  "Association Internationale des Etudiants en Sciences Economiques et Commerciales" and posted to Yoshida SKT where he works as Marketing and Quality Control Intern (2008) the pic was taken when he made a recent trip to Brussels

Hi Professor Richardson,

thank you very much for demonstrating the importance of reading the newspaper. I was recently offered a coop work term and was asked about trends in the Ontario electricity markets and was able to stand out among other candidates because i read the newspaper and was able to provide a current analysis. Once again thank you very much.

 Dave S.

WTGR replies, thanks Dave, I'll use your note to bug current students to read the newspaper regularly, I firmly believe reading a major newspaper, of whatever country you live in, 3 or 4 times a week, is highly valuable for work reasons and personal reasons - journalists are able to be more analytical in several paragraphs compared to TV which is just short meaningless sound clips.

Hi Professor Richardson,

Now that I've been working for a few years now, and have had the benefit of visiting Europe and Asia in my travels, I just want to send you a note to let you know how insightful your class was in helping me to see opportunities in our new, global economy. 

Visiting Shanghai as a tourist, compared to taking in the city with an eye for business and the dynamics that go on in the background between multi-nationals and governments, and to see how that impacts the economic lives of people on both sides of the Pacific is starkly different.  Your International business class helped me to strip away the neon lights of Nanjing Road, and see it for what it really is, the combination of commerce and culture that is shifting the playing field and rules of business by which we are governed. This new economic reality hit me with great impact, but having learned the pieces and hearing your anecdotes in class, helped me to better decode and refocus the picture. 

More and more it is becoming evident to me that, not just companies, but business people like you and me have to realize that to you have to go global, or risk not going at all.

So, just wanted to send you a note to let you know how impactful and educational your class was for me.  It was one course, but it was one that equips its students with the building blocks for career building in the new, international economy.  For your knowledge and sharing, as well for your mentorship and friendship, I thank you.
Paul S.

Paul was a student in MGTC44, and then the T.A. for two semesters afterwards. He presently (Jan 2006) serves as Segment Manager, Most Valuable Customer Segment, Consumer and Small Business Cards Management, CIBC, Card Products

Alicia, (in 3rd yr Feb 2007) was in MGT C44, Int'l Business in Sept-Dec 2006 has been selected to go to Japan in Sept 2007 to study at Keio University

Hi Prof. Richardson,
I hope you're doing well, and that you're having as much fun in your
current Int. Biz class as you did with us. The entire application process was  not a walk in the park, because Japan is the most competitive program  to get into. However, a very good note for any aspiring students at  the Scarborough campus, the exchange office is demanding more students  from outside St. George campus!...

Alicia is also involved in www.aiesec.org, the world's largest student organization and serves as
Cultural Support Network @ UTSC, Vice President of Finance
Educational Program Supervisor

FYI AIESEC is a French acronym for "Association Internationale des Etudiants en Sciences Economiques et Commerciales"

Keio is one of the top 5 universities in Japan, founded in 1858 it has a reputation for being very international.

I took your International Business class at U of T from Jan -Apr 2003.  I remember you saying in class one day that you like it when students keep in touch with you and I remembered your class a couple of weeks ago as I was telling a colleague that it was probably one of the best classes I took at UTSC.  Anyways, I just wanted to say hello and let you know that you really do teach a wonderful class and I hope everything is well with you. 

I just finished my first year of law school at U of T.  I am directing my studies towards an international perspective but haven't quite narrowed it down yet.  Your class definately opened my eyes and sparked my interest in international studies.  Thanks for a wonderful semester!
Warm Regards,  "
 

Darshana P. J.D. Candidate (2007)  University of Toronto, Faculty of Law

.

Seriously, I think no matter where you work, whether its for a big corporation or your own business, you can not avoid the impacts of globalization and international business.  Understanding the effects of this growing global world, will help in making key strategic decisions for the future of your business. I would recommend this course any day, and learning from Prof. Richardson is an added benefit, he makes it enjoyable."

Sharon C.
BCS Communications ? Industrial
Sector Financial Analyst
IBM Global Services

My name is Jamie G. and I was in your MGTC44 class from January 2004-April 2004.  I just wanted to write you a little 'thank-you' note.  I am currently a fourth year business student and I am ashamed to admit, before attending your class, I rarely picked up a newspaper to read the business section.  A lot of my professors used to insist that we read the newspaper daily, however, we were never tested on our knowledge.  Therefore, I didn't see the use in picking up a newspaper. 

After completing your course, I became accustomed to reading the Business section in the Toronto Star.  This year, in my International Economics class (ECMC62), I found myself relating the concepts that I learned to events that I read about in the newspaper.  Even before a job interview that I had today, I read the newspaper before going in.(By the way, in the interview, I brought up your class when I told them that I learned that foreign investment might be a good thing for the company!!!)

So I just want to say thanks for stressing the importance of reading up about current events.  I think UTSC is a great school, but since first year, my head has been buried in textbooks and I had no clue about what was going on around me. After your class, I find I can now apply concepts learned in class to things that are going on around me.  I know most students usually write to ask questions or complain about a mark, but I think its important to let some (not all) professors know that they have had an impact on one's education.

Thanks again, Jamie G.
contacted Jamie in October 2005, he added

I'm working full-time at Petro-Canada now (you may not remember, but I wrote my final exam essay on PC!). Anyways, good luck with the new classes!  And once again, thank you for all the "REAL" world knowledge!  It comes in handy!!

Transfer interrupted!

April 28 EXAM

June 8

Tuesday, August 4-
Friday, August 7
Study Break

July 7 Media Quiz # 1

TAKE HOME ?
Aug 23rd FINAL EXAM