Florence, Italy is a beautiful example of the power of business to effect the structure of city. During the Renaissance period, it had many prosperous merchants that gave generously to make their city a showcase of Italian Renaissance art and architecture. Their contributions continue to attract tourists today and the business systems they developed have evolved into our modern business systems.
The course, Old World Innovations and their Influence on Modern Business Systems, will be based in Florence, Italy and will include a day trip to Venice during this Maymester 3 week, 3 credit course.
All students with an interest in business are welcome to apply.
Students will attend class at the International Studies Institute (ISI) in Florence, Italy. Students will enroll in one business class (3 credits) taught by a Smeal faculty member:
IB 399 or ACCTG 399: Old World Innovations and their Influence on Modern Business Systems (3 credits):
Instructor: Scott Collins
Students will explore these questions: How did Ancient Egyptians monitor the trade of goods and services in their economy? How did the influence of Mercantilism during the Italian Renaissance lead Venetian merchants to create a unique system of tracking commercial transactions in their economy? What influence did the Venetian business method have on the evolution of business systems after the Italian Renaissance? What is the modern state of business systems, and how were they influenced by Old World innovations? Local visits to historic sites, guest speakers and relevant readings will bring business systems to life.
A business system that was first documented in Venice during the Italian Renaissance has remained as the foundation for tracking modern business transactions over 500 years later. This program will expose students to the historical impact of the Venetian system of mercantilism, focusing attention on the Italian Renaissance and Italy’s Tuscany region as the centerpieces in a story about the evolution of modern business systems. The course will explore the impact of several Old World business innovations on today’s modern economy. Students will traverse the time period from Ancient Egypt to the Italian Renaissance and make comparisons to the way in which today’s commercial transactions are tracked and recorded.
Students will choose their preferred course number from above.
You will receive credit for all academic courses taken at this institution, and all of your grades from abroad will count toward your Penn State cumulative GPA. You may not take any courses overseas on a Pass/Fail basis.
All students with an interest in business are welcome to apply. It is recommended that applicants have taken Econ 102 or Econ 104, but not required.
You will live in an apartment, arranged by the host institution, with other program participants. Apartments are scattered around the city (thus avoiding a concentration of American students in one particular area) and are within walking distance of the Institute and furnished with kitchen, bathroom, bedrooms, and communal living space. You will be responsible for providing your own meals.
For more information on program costs, please be sure to review the budget sheet. These budget sheets include information on costs that are billable to the bursar bill, as well as estimated additional costs. Costs vary by program, so it is important to review this information carefully.
Please note that tuition rates may vary depending on major and class standing.
The University Office of Global Programs also administers a number of grants and scholarships. Eligibility is based on academic excellence and/or financial need. There is also funding available for study abroad programs in diverse locations and for students from diverse backgrounds. In most cases, applicants should have a current year FAFSA on file with the Office of Student Aid. Funding opportunities may also be available through Penn State academic departments. For detailed information on financial aid and scholarship opportunities and application procedures, please visit the Funding Study Abroad section of the Global Penn State website.
Wee encourage you to meet with or contact our Peer Advisers. These study abroad returnees can explain program options, give an overview of the education abroad process, as well as provide information about his/her program. If you are not at University Park, contact your Campus Global Representative.
For the inside scoop on life in a foreign country, be sure to check out the Student Spotlights of Penn State students currently studying abroad.
If you would like to participate on this study abroad program, you will need to apply to Penn State Education Abroad by clicking the "Apply Now" button on this page.
You must complete the following materials in your application:
- Education Abroad Questionnaire
- One academic recommendation
- Signature Documents
Visit the How to Apply section of our website for more information.
Application deadline: February 1, 2018
Studying Abroad with a Disability
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