IMS 8v40-Argentina

COURSE SYLLABUS
School of Management
The University of Texas at Dallas

Instructor Habte G. Woldu

Office Phone 972-883-6357
Email Address wolduh@utdallas.edu
Office Location SM 4.805
Web site http://www.utdallas.edu/~wolduh

Course Information
Course Number/Section IMS 8v40
Course Title Foreign Study Seminar: Argentina
Term and Dates Spring 2008

Course Pre-requisites

The course is designed mainly for graduate and undergraduate senior students who have a
strong interest in understanding and learning about the business environments in emerging
market countries, such as Argentina and other Latin American countries.

Course Description

The course is conducted as seminar in Argentina The seminar focuses on the current business
environment of Latin America countries, but with specific focus on Argentina. Students will
learn about the socio-economic background of Argentina during a two week study tour.
Students by visiting Argentinean universities and companies will be able to familiarize
themselves with Argentinean culture, history, economy and politics, the business
environments as well as opportunities and challenges of doing international business.

Learning Objectives

Students upon finishing the study tour are expected to have a broader understanding of
the following issues:

• Understand the macroeconomic policy of Argentina and how such policy affects
economic domestic and international businesses

• Identify the sources of finance for small and large businesses in Argentina and
understand how the Argentinean financial services differ form the U.S. system.

• Recognize the competitive advantage of Argentinean agriculture, especially the role of

herding cattle in the agricultural sector

• Understand the U.S. economic and political ties with Latin America and specifically

Course Syllabus Page 1

 with the current Argentinean government

• Identify the role of higher education in the Argentinean society with a special focus
on the role of Universities in community and business development

Student Learning Objectives / Outcomes

A. Students will learn about the cultural values of Argentineans and how such values
impact business managers in Argentina
B. Students will understand the opportunities and challenges of conducting business in
economically through the seminars that will be conducted by hosting companies and
universities.
C. Students will develop competency in oral and written communications by presenting
assigned projects on various topics distributed to groups.

Recommended Textbooks

Lewis, Daniel, The History of Argentina, The History of Argentina, Palgrave McMillan, 2003, New
York

Navarro, Marysa and Fraser, Nicholas, Evita: The Real Life of Eva Peron, W.W. Norton and Company
Inc., 1996, New York

Recommended reading materials:

A. Online Readings
a. http://topics.nytimes.com/top/news/international/countriesandterritories/ar
gentina/index.html
b. Financial Times – http://www.ft.com/world/americas
c. Harvard Articles – http://harvardbusinessonline.hbsp.harvard.edu
d. Additionally – http://econpapers.repec.org/article

Project Profiles

Project 1: An overview of Argentinean the current state of national economy.

Source: Seminar at the Universidad del CEMA

Project 2: Argentinean Media communication and its role in the Argentinean society
Source: Buenos Aires Herald Company.

Project 3: Financial investment sources of small businesses in Argentina

Source: Grupo Financeiro Glecia

Project 4: The significance of the Agricultural sector in Argentinean economy

Source: Tour to the Estancia la Fortuna in Salta

Project 5: US-Argentinean Economic ties and assessing comparative advantage trade for both
.nations. Source: American Chamber of Commerce in Argentian

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Project 6: The role of universities and higher education institutes in community and business
developments.

Project 7: Comparative assessment of US and Argentinean cultural value system.

Source: Survey based data and interview conducted in Argentina.

Grading System:

• Participation in seminars organized by foreign firms and universities in Argentina and

submitting a ten-page term paper 50%
• Research project report within 15 days after arrival in Dallas (30% )
• Short reports focusing on seminars and visits of universities, companies and government
offices. The reports can be hand written, but should be turned in the next day following a
seminar or a visit by the specific project assignees. (20%)

Student Conduct & Discipline

The University of Texas System and The University of Texas at Dallas have rules and
regulations for the orderly and efficient conduct of their business. It is the responsibility of each
student and each student organization to be knowledgeable about the rules and regulations
which govern student conduct and activities. General information on student conduct and
discipline is contained in the UTD publication, A to Z Guide, which is provided to all registered
students each academic year.

The University of Texas at Dallas administers student discipline within the procedures of
recognized and established due process. Procedures are defined and described in the Rules and
Regulations, Board of Regents, The University of Texas System, Part 1, Chapter VI, Section 3,
and in Title V, Rules on Student Services and Activities of the university’s Handbook of
Operating Procedures. Copies of these rules and regulations are available to students in the
Office of the Dean of Students, where staff members are available to assist students in
interpreting the rules and regulations (SU 1.602, 972/883-6391).

A student at the university neither loses the rights nor escapes the responsibilities of citizenship.
He or she is expected to obey federal, state, and local laws as well as the Regents’ Rules,
university regulations, and administrative rules. Students are subject to discipline for violating
the standards of conduct whether such conduct takes place on or off campus, or whether civil or
criminal penalties are also imposed for such conduct.

Academic Integrity

The faculty expects from its students a high level of responsibility and academic honesty.
Because the value of an academic degree depends upon the absolute integrity of the work done
by the student for that degree, it is imperative that a student demonstrate a high standard of
individual honor in his or her scholastic work.

Scholastic dishonesty includes, but is not limited to, statements, acts or omissions related to
applications for enrollment or the award of a degree, and/or the submission as one’s own work
or material that is not one’s own. As a general rule, scholastic dishonesty involves one of the
following acts: cheating, plagiarism, collusion and/or falsifying academic records. Students
suspected of academic dishonesty are subject to disciplinary proceedings.

Plagiarism, especially from the web, from portions of papers for other classes, and from any
other source is unacceptable and will be dealt with under the university’s policy on plagiarism
(see general catalog for details). This course will use the resources of turnitin.com, which
searches the web for possible plagiarism and is over 90% effective.

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Email Use

The University of Texas at Dallas recognizes the value and efficiency of communication
between faculty/staff and students through electronic mail. At the same time, email raises some
issues concerning security and the identity of each individual in an email exchange. The
university encourages all official student email correspondence be sent only to a student’s U.T.
Dallas email address and that faculty and staff consider email from students official only if it
originates from a UTD student account. This allows the university to maintain a high degree of
confidence in the identity of all individual corresponding and the security of the transmitted
information. UTD furnishes each student with a free email account that is to be used in all
communication with university personnel. The Department of Information Resources at U.T.
Dallas provides a method for students to have their U.T. Dallas mail forwarded to other
accounts.

Withdrawal from Class

The administration of this institution has set deadlines for withdrawal of any college-level
courses. These dates and times are published in that semester's course catalog. Administration
procedures must be followed. It is the student's responsibility to handle withdrawal requirements
from any class. In other words, I cannot drop or withdraw any student. You must do the proper
paperwork to ensure that you will not receive a final grade of "F" in a course if you choose not
to attend the class once you are enrolled.

Student Grievance Procedures

Procedures for student grievances are found in Title V, Rules on Student Services and
Activities, of the university’s Handbook of Operating Procedures.

In attempting to resolve any student grievance regarding grades, evaluations, or other

fulfillments of academic responsibility, it is the obligation of the student first to make a serious
effort to resolve the matter with the instructor, supervisor, administrator, or committee with
whom the grievance originates (hereafter called “the respondent”). Individual faculty members
retain primary responsibility for assigning grades and evaluations. If the matter cannot be
resolved at that level, the grievance must be submitted in writing to the respondent with a copy
of the respondent’s School Dean. If the matter is not resolved by the written response provided
by the respondent, the student may submit a written appeal to the School Dean. If the grievance
is not resolved by the School Dean’s decision, the student may make a written appeal to the
Dean of Graduate or Undergraduate Education, and the deal will appoint and convene an
Academic Appeals Panel. The decision of the Academic Appeals Panel is final. The results of
the academic appeals process will be distributed to all involved parties.

Copies of these rules and regulations are available to students in the Office of the Dean of
Students, where staff members are available to assist students in interpreting the rules and
regulations.

Incomplete Grade Policy

As per university policy, incomplete grades will be granted only for work unavoidably missed at
the semester’s end and only if 70% of the course work has been completed. An incomplete
grade must be resolved within eight (8) weeks from the first day of the subsequent long
semester. If the required work to complete the course and to remove the incomplete grade is not
submitted by the specified deadline, the incomplete grade is changed automatically to a grade of
F.

Religious Holy Days

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 The University of Texas at Dallas will excuse a student from class or other required activities
for the travel to and observance of a religious holy day for a religion whose places of worship
are exempt from property tax under Section 11.20, Tax Code, and Texas Code Annotated.

The student is encouraged to notify the instructor or activity sponsor as soon as possible
regarding the absence, preferably in advance of the assignment. The student, so excused, will
be allowed to take the exam or complete the assignment within a reasonable time after the
absence: a period equal to the length of the absence, up to a maximum of one week. A student
who notifies the instructor and completes any missed exam or assignment may not be penalized
for the absence. A student who fails to complete the exam or assignment within the prescribed
period may receive a failing grade for that exam or assignment.

If a student or an instructor disagrees about the nature of the absence [i.e., for the purpose of
observing a religious holy day] or if there is similar disagreement about whether the student has
been given a reasonable time to complete any missed assignments or examinations, either the
student or the instructor may request a ruling from the chief executive officer of the institution,
or his or her designee. The chief executive officer or designee must take into account the
legislative intent of TEC 51.911(b), and the student and instructor will abide by the decision of
the chief executive officer or designee.

Saturday Sunday Monday Tuesday Wednesday

Friday March 8 March 9 March 10 March 11 March 12
March 7

10:10 7:00 – 9:00 7:00 – 7:30 7:00 – 8:30 7:00

Arrival Breakfast Breakfast Breakfast Depart for
Salta
11:00 – 9:30 – 12:00 8:00 – 12:00 11:00
11:40 Buenos Introduction Buenos 10:00
Check-In Aires Tours to the culture Aires Herald Welcome by
San Telmo, La through Company Estancia La
11:40 – Boca, Museo language Gabriel M. Fortuna
Benito
12:00 Quinquela Mysler
Briefing in Martin Verbum 10:30 – 1:00
Hotel Lobby Language Tour of
School Estancia La
Fortuna
Agriculture Sector

Travel Day 12:00 – 1:00 12:00 – 1:30 12:00 – 1:30 12:00 – 1:30 1:00 – 3:00
AA 997 Lunch Lunch Lunch Lunch Lunch &
Lecture on
7:35 PM
Argentina’s

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 Agriculture
Sector

1:00 – 5:30 1:30 – 5:00 2:00 – 5:00 4:30 – 6:00 3:00 – 5:00
Buenos Buenos University Meet with Cultural
Aires Tours: Aires Tours Visit: Chief activity
Recoleta, Continued Universidad Economist
Fernando Blanco del CEMA at Banco 5:00 – 6:00
Museum, Plaza 5:30 – 8:00
San Martin,
(UCEMA) Galicia to Learning the
Downtime discuss mate
Falkland
Memorial, Plaza
at Hotel Argentina’s ceremony
de Mayo Economy
8:00 – 11:30 and 6:00
Dinner & Financial Return to
Tango Sector Buenos Aires
Show

Thursday Friday Saturday Sunday Monday

March 13 March 14 March 15 March 16 March 17

7:00 – 8:30 7:00 – 8:30 7:00 – 8:30 7:00 – 8:30

Breakfast Breakfast Breakfast Breakfast

9:30 – 12:00 9:00 – 12:00 9:00 – 12:00 9:00 – 3:00

American Chamber WORKING ON Tour of the Delta Recoleta Fair
of Commerce CONFIRMATION (aka Feria de Plaza
Francia)
Travel Day

12:00 – 1:30 12:00 – 1:30 12:00 – 1:30 12:00 – 1:30 AA 996

Lunch Lunch Lunch Lunch Arrives @6:15

AM

2:00 – 5:00 1:30 – 5:00 1:30 4:00

WORKING ON WORKING ON Buenos Aires Tours: Depart for Airport
CONFIRMATION CONFIRMATION Fine Arts Museum and
Museum District 9:35
Return Flight AA
996

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Saturday, March 8, 2008
• 11:40 AM – Meet in Hotel Lobby

• 1:00 PM – 5:30 PM
o Recoleta
o Fernando Blanco Museum
o Plaza San Martin
o Falkland Memorial
o Plaza de Mayo

Sunday, March 9, 2008

• 9:00 AM – Meet in Hotel Lobby

• 9:30 AM – 12:00 PM
o San Telmo
o La Boca
o Museo Benito Quinquela Martin

• 1:00 PM – 5:30 PM
o 3:00 PM - Zanjon de Granados, a historical site of the mid 1700 in
San Telmo
o 4:00 PM - Ciculo Militar (also called Palacio Paz)
This is one of the most iconic mansions in BA built in a Baroque
Gothic style by the
wealthiest media mogul of the late 1800'- the former owner of La
Prensa-The palace has impressive interiors and was built resembling
one of the wings of the Louvre, all of its building materials were
brought from Italy and France.

• 8:00 PM – 11:30 PM
o Dinner and Tango Show – El Querandi
Carolina Gonzalez
cgonzalez@querandi.com.ar
www.querandi.com.ar
www.lacavadelquerandi.com.ar
54 11 5 199 1770

Monday, March 10, 2008

• 7:30 AM – Meet in Hotel Lobby

• 8:00 AM – 12:00 PM
o Verbum Language School
Marina Boschi
Av. Garay 2328 (1256) Capital Federal, Argentina
Phone: (+54 11) 4942 7855 - Mobile: 15 6021 0250
marina.boschi@verbum.biz - www.verbum.biz

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 • 2:00 PM – 5:00 PM
o Universidad del CEMA (UCEMA)
Pedro Werberg will direct us to location and contact person

Tuesday, March 11, 2008

• 10:00 AM – Meet in Hotel Lobby

• 11:00 AM - ?
o Buenos Aires Herald Company
Azopardo 455
Buenos Aires - 1107
Gabriel M. Mysler
54-11-4342-8476
www.buenosairesherald.com

o We will be meeting with the Senior Editor. Unfortunately, all of the

journalists will be out reporting until late afternoon, so we will be
unable to meet with them, but we will be given much information

• 4:30 PM – 6:00 PM
o Banco Galicia
Pablo E. Firvida
Grupo Financiero Galicia
Gerente de Relaciones con Inversores Institucionales
Perón 456 2° Piso
(C1038AAJ) Capital Federal
Argentina
Tel.: 4343-7528 - Fax: 4331-9183

o We will be meeting with the Chief Economist who will discuss

macroeconomics with our group for about an hour to an hour and a
half. Questions will be welcome.

Wednesday, March 12, 2008

• 6:30 AM – 10:00 AM
o Drive to Estancia la Fortuna in Salta
Mercedes Gutierrez Zaldivar
Internationally - +54 9 11 40 31 3766
Locally - 15 40 31 3766

o Will learn about the ranching and agriculture sector of the pampas

• 10:00 AM – 5/6:00 PM
o Activities at Estancia la Fortuna

• 5/6:00 PM
o Drive back to Buenos Aires from Estancia la Fortuna

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Thursday, March 13, 2008
• 9:30 AM – 12:00 PM
o American Chamber of Commerce in Argentina
Alejandro Diaz, Chief Executive Officer
American Chamber of Commerce in Argentina
Viamonte 1133, 8 Piso
(1053) Buenos Aires, Argentina
(54-11) 4371-4500
(54-11)4371-8400
amcham@amchamar.com.ar
www.amchamar.com.ar

o Vicky Sande.
Tel # 54-11-4371-8700 (She is the CEO's assistant)

o They have said the CEO, Alejandro Diaz, will give you a tour of their office and
comment on the economy, politics and international commerce and structural
development of Argentina.

Friday, March 14, 2008

• WAITING ON CONFIRMATION
• Austral University
o Ing. Fernando Ambroa - University Director of Institutional
Development and the President of Austral's Technology Park.
o Marta Perez Sanchez – Assistant to Fernando Ambroa
o They will also arrange the visit to IAE Business School, which is very
close to University Hospital and the Technology Park.
o The Austral campus is in Pilar, 50 km North of Buenos Aires. It will
take us about an hour to get there.

Saturday, March 15, 2008

• 9:00 AM – 12:00 PM
o Tour of the Delta

• 1:30 PM
o Fine Art Museum of Buenos Aires

Sunday, March 16, 2008

• ALL DAY – Cultural Tours and Free Time

Monday, March 17, 2008

• 6:15 AM

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 o Arrival at DFW – End of trip

The Universidad del CEMA is a non-profit organization that currently offers four
undergraduate programs, ten graduate programs, and four executive programs
within the areas of business, finance, economics, systems engineering and political
science. This academic offer is complemented by actualization programs and
customized programs designed for individual firms.
At present time the University has 183 professors in its faculty, 4123 alumni and
1179 students.

Mission of the university

The Universidad del CEMA’s mission is to contribute to the growth, development

and well being of our community by generating the knowledge and forming the
leaders that will transform and develop the worlds of business, academia and
public policy.

Key differentiating factors

Commitment to Research and Teaching: Teaching and research are core

activities at UCEMA, integrated and taken seriously. We have a large staff of full
time professors, devoted to teaching and research, but allowed to do some
consulting for companies and government.

Integration of Theory and Practice: UCEMA programs prepare people for

action. Students are trained in the latest theories and models, seen as valuable
tools that can be used to analyze and solve applied problems.

Relevance and Institutional Impact: our students are trained on issues that are
key to pursue transformational leadership roles, and leave UCEMA prepared to
have an impact in their community. UCEMA itself as an institution and many of its
faculty have played transformational leadership roles in the community. So have
our alumni.

Education Impact on Career Development: our educational programs are

known to improve and broaden a person’s possibilities of employment.

Academic Freedom: we are firm believers in hiring the best faculty and letting
them do what they know, in the framework of the highest standards of academic
freedom.

Continuous Education: UCEMA offers its alumni a wide variety of graduate

programs and other continuous learning activities such as Seminars, Congresses,
Workshops, etc. A main role of our formal educational process is to provide a solid
foundation so the individual can take part in a constant process of learning.

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Students learn to learn, and we keep them inquisitive and intellectually active for
life.

Modern Curricula: the job market is being constantly renewed. A great part of
the specific knowledge that students acquire during their formal education can
become obsolete. UCEMA performs periodic revisions and updating of contents in
order to have the most relevant and up-to date curricula.

Estancia La Fortuna
Program for March 10th

10:00 Arrival time and welcome reception with empanadas (meat pies and veggie
pies), wine, beer, water and soft drinks.

10:30 Horses and carriages will be ready to take a ride along the park, always with
gauchos assisting the riders. You will have free time to explore the park, bird
watching and using the swimming pool. We will prepare the ping pong table,
crocket and other similar games, for the ones that like competition!

The swimming pool will be available, with toilets and showers for ladies and men.

1:00 Lunch time: Asado (barbeque), prepared in the Argentinean way with pork
sausages, and different cuts of beef and chicken. Salads, bread and sauces. Red
and white wine, water and soft drinks will also be included. For dessert: ice cream
and alfajores with dulce the leche (traditional dessert), and coffee. During lunch
you will have a lecture (I do not want it to sound too formal, but there will be a lot
of information!) -with a microphone- about the life in the pampas, the type of
cattle we breed, our crops, horses, gauchos life and costumes, etc. Also during
lunch, we will enjoy folklore dances and music, learn about the costumes, etc
perform by the local school of folklore dancers.

After lunch, aprox 3:00 we will watch the horse races and there will be some more
free time for horse riding, carriages and the pool.

5:00 At tea time we will share the Mate ceremony, where each one will have it’s
own gourd for mate and straw to learn how we prepare and drink this tea (usually

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we share the gourd and straw). Sandwiches of home made bread, cakes, fresh
fruit, coffee and tea will be included.

As the sun sets rather late, I suggest staying as much as you like in order to enjoy
the whole leisure and educational day. There is a small boutique where you will be
able to buy some local souvenirs. We also have a special table where we sell what
we call “social project”: small presents, scarfs, hand bags, t-shirts, etc done by
students that need to pay for their studies and the children that go to the special
schools for blind, deaf and down syndrome children in the town of Salto (where the
ranch is).

Profile
Short Name Banco Galicia
Address Teniente General Juan Domingo Perón # 407
Phone 54-11-63290000
Fax 54-11-63296100
City Buenos Aires
Zip Code 1038
Country Argentina
Website http://www.bancogalicia.com.ar/
General email asuntosinstitucionales@bancogalicia.com.ar
Galicia, founded in 1905, is the largest private bank in Argentina and the
main asset of local financial group Grupo Financiero Galicia. It is a universal
bank that offers personal and corporate lending, credit, debit and charge
Description
cards, residential mortgage loans, construction loans, fiduciary and custodial
services and electronic banking. Galicia has some 260 branches throughout
Argentina.
Last Update Monday, December 17, 2007
Research by María José Arredondo

The American Chamber of Commerce in Argentina

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AACCLA's 23 American Chambers of Commerce (AmChams) are independent, non-profit,
business organizations based in 21 countries in Latin America and the Caribbean. Their
primary objective is to promote trade and investment between their countries and the
United States. Collectively, AmChams represent over 20,000 U.S. and local companies and
executives managing the bulk of U.S. investment in the region. As members of AACCLA,
AmChams are affiliated with the U.S. Chamber of Commerce, the largest business federation
in the world.

AmChams play an important role as links between the private sector and the governments
in their host countries and in the United States. Their unique positioning enables them to
effectively lobby for the interests and needs of their members. Their extensive experience
and knowledge of doing business in the region make them a key resource for any U.S.
company seeking to expand its operations into the Latin American and Caribbean markets.

AmChams offer a variety of value-added services to their members, including:

Networking, matchmaking, and business facilitation

Job banks;
opportunities;
Trade mission organization; Business training courses;
Government relations assistance; Business center resources;
Strategic market and economic research and
Sector committee participation;
analysis;
Conferences, seminars, and
Arbitration support and legal consultation;
social events;
Commercial information
Direct marketing assistance and export promotion;
resources;
U.S. Visa processing; Publications;
and much more.

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