In December, a group of MBA students took part in the Global Study Tour to China. Accompanied by staff and faculty, they visited Shanghai and Beijing and visited 12 companies while exploring the cultural and economic landscape of China. Below is a recap written by current student Ryan Osher (Eve MBA ’16)
Growth. Scale. Partnership.
These were common themes noticed by 8 Foster MBA’s as they traveled across China last December. Their visit included 12 companies and 3 days worth of free time to enjoy all the best Beijing and Shanghai had to offer. Students were eager to dive in to China’s culture and present themselves on behalf of Foster. What they didn’t expect, however, was just how meaningful the company visits would be and the lasting friendships that were made.
The two week trip included visits to Microsoft, Amazon, and Nike, to name a few. Students learned Boeing’s strategy to maintain growth in China, directly from the President of Boeing China. They met with the CFO of Starbucks China to better understand how the world’s largest coffee company was able to successfully enter and thrive in a tea drinking country. In addition, Directors at Apple explained their strategy to navigate around counterfeit products and maintain their growth rate. Students also met with foreign service agents from the United States Embassy to better understand trade relations and diplomatic efforts between the US and China.
The two week trip provided rich experiences and a lifetime of insight. More than anything, the company visits left each traveler with a greater understanding and appreciation for China as the country continues to drive the world’s economic growth. It is incredible that Foster provides students with the opportunity to experience culture and business first-hand as they develop into the global business leaders of the future.