During the spring of Year Two, each Executive MBA class participates in a group immersion experience outside the United States. This week-long International Residency is an integral and final part of the three-part Global Enterprise Sequence and ensures that classroom discussions and theory are brought to life in an effective and compelling manner. Typically, the International Residency consists of visits to ten corporations in one or two host countries; these may be satellite offices of companies that are headquartered in the U.S., or local, regional or international companies that are based in these countries.Regardless of city or country, the purpose of these corporate visits is to understand and discuss with local executives the differences and complexities inherent in doing business in the global marketplace, including such things as staffing, financial, legal and political structures, economics, social customs and career issues for expats. The International Residency location is determined by the Executive Programs team at the beginning of Year Two. In selecting the country each year, the team considers three critical things: relevance to the students in the class and the work challenges they face, the availability and access to Vanderbilt alumni and corporate executives, and current political and economic events that might help or hinder such a visit.
Recent countries visited include Korea, China, Jpan, Brazil, Vietnam and India. Prior Executive MBA classes have traveled to Europe (Budapest, Istanbul, Vienna, Paris, Brussels and Amsterdam), Latin America (Santiago, Sao Paulo and Rio de Janeiro) and Asia (Shanghai, Hangzhou, Shenzhen, Bangalore, Delhi, Mumbai, Seoul, Singapore, Tokyo and Ho Chi Min City).