Eastern Europe Global Immersion Course: Czech Republic, Croatia, and Greece

The 2020 Eastern Europe Global Immersion is an opportunity for MBA students to explore a mix of business visits, discussions with business and government leaders, and exploration of key sights and cultural landmarks in three fascinating Eastern European locations. Imagine visiting the Acropolis, Croatia’s Lake Bled and Bled Castle, Prague’s “Hundred Spires”, and multiple business and community organizations, in a two-week immersive business course!

Since the breakup of Czechoslovakia, the Czech Republic has grown into a stable and prosperous market economy and democratic nation. After 40 years of Communist rule, the country’s economy developed into one focused on the automotive industry, accounting for almost a quarter of Czech manufacturing. Because of this, the economy is sensitive to changes in nearby European economies. During this global immersion, we will experience firsthand the culture of the Czech Republic, and the development of this fascinating economy.

Eastern Europe Global Immersion Course: Czech Republic, Croatia, and GreeceCroatia was formerly part of the Yugoslav Republic, and after war in the early 1990s, developed an economy that has experienced significant growth, encouraging foreign investment and joining the EU. Through business visits and first-hand experience, we will explore how this impacts the business environment.

Greece’s capitalist economy has experienced a financial crisis in recent years, leading to intense pressure from the EU and international market participants. This has led to cuts in government spending, overhaul of the health care and pension systems, and labor reform. Our time in Greece will focus on this history and various industries that are contributing to future economic stability.

Our itinerary will focus on a combination of business and cultural experiences, including exposure to significant industries. For example, will look at tourism as a mechanism for economic growth, manufacturing as an economic stabilizer, and innovation and technology as keys to the future. Students will gain a deeper understanding of how society, culture, politics and economics contribute to the practice of business.

This 3-credit course will start with 2 classroom-based seminars at Wake Forest University with assignments to provide basic knowledge of history, economy, business context, culture and politics. We will then spend twelve days on the ground in Eastern Europe, meeting with a variety of influential leaders in different sectors.

Important information:


  • The course fee of $4700 includes: accommodations while abroad, in-country transportation, guides/ translators, touring/tickets to cultural and historical visits, and in-country health insurance, as well as all breakfasts, most lunches, and two group dinners.
  • Costs that are not covered by the course fee include: international airfare from U.S. to Prague and from Athens (estimated at $1000-$1500), passport, meals other than those included in the trip itinerary, entertainment, and independent activities that are not part of the trip.
  • Hotel rooms are priced for double occupancy; there is an additional charge for single room requests.
  • Class sessions – we will have one session each in March and April, on dates to be determined based on participant schedules.
  • Travel dates – May 3-17, 2020.
  • Led by Dr. Amy Wallis, Professor of Practice, Organizational Behavior and Ethics.