UNC Kenan-Flagler Business School

Global Immersion Elective Programs

Central Europe:
Budapest and Prague

Student Life
  • Overview

    Kenan-Flagler Global Programs (KFBS semester exchanges, KFBS summer programs, and KFBS short-term immersions) are ONLY open to students who have been admitted to the major or minor Undergraduate Business Program. Pre-business students and non-business majors and minors are not eligible to apply to Kenan-Flagler Global Programs. Admission status to the Undergraduate Business Program will be verified for all applicants.

    This course will inform your global business knowledge, expose you to issues of leadership, and allow you to gain international project-based experience, within a cross cultural team, through an immersion in Budapest, Hungary and Prague, Czech Republic. As countries still transitioning economically, socially, and politically from a communist state to a democratic free market, we’ll examine business and leadership practices in two vibrant Central European cities—Budapest and Prague.

    Importantly, you’ll work with a team to solve an actual business problem for a Hungarian firm and gain international project experience. Your cross cultural team will be made up of Kenan-Flagler undergraduate business majors/minors who enroll on the program, as well as Corvinus University undergraduate business students.

    The immersion consists of classes in Chapel Hill, which will include virtual teamwork with your Corvinus team mates, as well as an intense on-the-ground experience in Budapest and Prague (March 8-16, 2019) that will include consulting with company on project work, presenting findings to the company, company visits to understand the broader Hungarian context and cultural outings. The course will conclude with a final session in Chapel Hill after the conclusion of the in country experience.

    Dr. Michael Meredith, Management & Corporate Communication Clinical Associate Professor at Kenan-Flagler Business School, will lead this immersion.

    This program consists of classes in mod 3 and an on-the-ground experience in Hungary and the Czech Republic, March 8-16, 2019.

    You can view a draft itinerary to get a sense of the in-country program in Budapest and Prague.

    Application checklist

    • GPA Requirement: 3.25
    • Language Prerequisite: None
    • Class during program (min): None
    • Language of Instruction: English
    • Non-UNC may apply? No 

    Exchange Options
    • Undergraduate Exchange: No 
    • Graduate Exchange: No

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  • Program Terms and Dates

    The program begins with a series of classes, in Chapel Hill, on the economy, political life, and culture of the region where you will be traveling in March. Full attendance and participation are required at these classes.

    Attendance is required at a GIE session on October 16, 2018 from 5-6pm to discuss the academic expectations of the program, flight plans, and to ask any questions prior to enrolling in the program.

    This class meets in the McColl Building Room 3000* from 6:00pm–8:30pm on the following dates:
    January 15, 2019* Course to take place at Launch Chapel Hill
    January 22, 2019
    January 29, 2019
    February 12, 2019
    February 19, 2019
    March 5, 2019
    April 2, 2019

    The on-the-ground program (March 8-16, 2019) consists of 10-12 hour days filled with project work and final presentation, company visits, academic sessions, time with Hungarian students and faculty, debriefs, and cultural exploration.

    Application Dates

    Application opens: August 16, 2018
    Application deadline: October 4, 2018
    Notifications begin: October 19, 2018
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  • Academics

    Credit information for KFBS students

    Participants will be enrolled in a 3.0 credit hour course, earning UNC business elective credit, satisfying the requirements for Experiential Education and earning points towards the Kenan-Flagler Inclusive Global Leadership Initiative. Students must successfully complete the mod 3 coursework (January - March) and the on-the-ground immersion (March 8-16) in order to receive credit for this course. On the ground in Budapest and Prague, you will have full program days with sessions and visits from early morning until late afternoon, and group dinners on some evenings.« PrevNext »
  • Housing

    Students will stay in hotels, in double occupancy rooms in Budapest and Prague.

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  • Student Life

    Hungary and the Czech Republic offer students a fascinating look at a countries still transitioning economically, socially, and politically from a post-war communist state to a democratic free market. Budapest is the cog city of Hungary’s business and economy—accounting for 39% of the national income. It is one of the largest regional economies in the European Union and among the Top 100 GDP performing cities in the world according to GlobalTenders.com.

    Participants of this program will have the opportunity to develop skills that are applicable to future work experience in the US or elsewhere such as sensitivity to diversity, cross cultural teaming, virtual team work, adaptability, as well as real experience in an international business climate. Through project work on a business problem for a Hungarian firm, students will be able to translate classroom learning into practice.

    Working with a company on an actual business problem is new to the GIE concept. Student participants should expect full days on the ground in Europe as they will spend time working on the project with Hungarian colleagues t in addition to fully engaging in the other program activities such as company visits and cultural exploration. This program will be designed to ensure that each activity will inform the project work directly or indirectly.

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  • Budget

    Here, you will find a list and links to costs related to this program.

    We suggest you create your study abroad budget using this worksheet to help you think about your costs on this program:
    • Populate the figures from the tables below into the left side costs of attendance
    • Input your financial resources on the right

    Your customized budget sheet can help determine your current financial status, and help you understand what additional funding you may need to help make this an affordable program option.

    Cashier Billed Expenses*:

      Tuition & Program Fees1

    GeoBlue International Medical Insurance

    *Cashier Billed Expenses are those charges billed directly to your UNC ConnectCarolina account.


    Out of Pocket Estimates**:

    International Airfare
      Immigration Visa/Residence Permit
    $0 (US Citizens)

    Passport Application Renewal
      International Cell Phone Plan2 $70
      Personal Expenses3
                Meals Not Provided by Program $50
                Travel Insurance $50
                Local Transportation Not Provided by Program
                Hotel Incidentals (ex. Laundry, Phone) $25
                Shopping/Souvenirs $100
                Other Personal Expenses***  
      Total Estimated Expenses: $5,380

    1Includes accommodations (including breakfast daily and wireless internet), ground transportation, travel from Budapest to Prague, venue rental if required, airport transfers, lunches, and cultural activities as outlined on the itinerary, gratuities for guides and study abroad administrative fee ($700).
    2Cost of plan varies depending on individual cell phone provider. The program expects participants to purchase an international phone plan for emergency purposes. Wifi available at the hotel.
    3Includes meals not included above, local transportation for evenings out on your own, shopping/souvenirs, incidentals in the hotel (e.g. phone, laundry, room service, minibar, etc.), cell phone charges, personal travel insurance, etc.
    **Out of Pocket Estimates are based on the cost of the program, which is determined by combining the average costs our previous students have spent in each of these categories, along with the costs our partner provides to us as their averages. These estimates are subject to change based on exchange rate fluctuations, bank fees, and individual variances in costs of living.
    ***Other Expenses: the budget worksheet also has a place for you to input other expenses outside of the out-of-pocket estimates that you may incur, such as attending concerts or sporting events.

    Funding your study abroad program

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  • Accessibility

    Please make an appointment with a Kenan-Flagler Global Programs Advisor via the Intranet if you would like to discuss this program. We work with students who are registered with the Accessibility Office or who may require certain accommodations for study abroad.

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    Apply Now!

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