Governors Award   The International Business Institute is very proud to announce that Prof. Elisabeth Vining is the recipient of the 2006 Governor's Award for Teaching Excellence.

Pictured from left to right are: Missouri Gov. Matt Blunt, Elisabeth Vining - senior lecturer in marketing at the University of Missouri-St.Louis and UMSL Chancellor Thomas George.



Our Undergraduate IB Program ranks 8th in the Nation!

ranking   U.S. News and World Report, the leading organization ranking business school programs, has ranked the University of Missouri-St. Louis undergraduate international business program as 8th in the United States (tied with Georgetown University).

This is the fourth straight year UMSL undergraduate international business has been ranked in the top twenty. Other universities in the top ten include the University of South Carolina, NYU, the University of Pennsylvania (Wharton), the University of Michigan-Ann Arbor, the University of California-Berkeley, the University of Texas- Austin and Florida International University. As Allan Bird, director of the IB program, pointed out, the combination of a unique collaboration with our Honors College and aggressive recruitment of well-respected faculty has helped our program gain in quality as well as recognition. We will continue to improve our program and hope for even higher recognition in the future.



IBI Open House

To celebrate the IB program's 8th national ranking and the office's recent makeover, the International Business Institute hosted an Open House for all UMSL students and faculty on November 14, 2006. The event drew many faculty from the College of Business as well as from other colleges across the campus. It also attracted a diverse mix of students from the undergraduate, MBA, and IMBA programs. The crowd included Dr. Keith Womer, Dean of the College of Business, and Dr. Thomas Eyssell, Director of Graduate Business Programs. Dr. Allan Bird, director of the Institute, delivered a brief speech about the growth of international business programs at UMSL, current activities of the institute, and what the institute hopes to accomplish in the future.


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The University of Missouri-St. Louis, as a member of the Consortium for Undergraduate International Business Education (CUIBE), hosted the first awards event for CUIBE November 4 th. The award, for outstanding achievement in support of international business education, was presented to Mr. Stephen J. Burrows, CEO and President of Anheuser-Busch International, Inc.

With over 200 people in attendance, including members of the other CUIBE universities, Mr. August Busch III, Chairman, Anheuser-Busch Companies, Inc., was the keynote speaker. Mr. Busch spoke about what it takes to be a continuing success and emphasized the need for innovation. He provided examples from his company, and compared these to the innovations in the international business programs at UMSL and to the creation of CUIBE with its unique programs and intercollegiate cooperation.

Mr. Burrows accepted his award by saying that successful education of tomorrow's leaders requires a joint effort of businesses and universities working together.

Please click here for pictures from the CUIBE Award Breakfast



Faculty Exchange with Finland

Helsinki   This past May, Betty Vining, IBI Fellow and 2006 recipient of the Governor's Award for Excellence in Teaching, spent three weeks lecturing in Finland at Seinajoki University of Applied Sciences as part of our faculty exchange program. While Betty was in Finland teaching the art of doing business in the European Union from an American perspective, Sr. Lecturer Ville-Pekka. Makelainen was at UMSL giving our students a European view of Business to Business Marketing. Many students at Seinajoki take advantage of the Erasmus program offered by the European Union. Erasmus allows EU students the opportunity to study in other countries within the Union tuition free. The class was therefore a mix of students from many European cultures and perspectives. As Betty said, "It was very interesting and enlightening to have students who actually live and work in the EU in my class. Their observations will definitely enrich my course presentations at UMSL."



The new International MBA program got off to a great start in August. A two-year program in which students study one year abroad, one year at UMSL, and complete an international internship, the IMBA has received much attention and a lot of interest. Students from the St. Louis area headed out to Strasbourg, France and Nanjing, China for their year of overseas study and international internship.

The initial partner institutions, Robert Schumann University in France and Nanjing University in China, have also had great success in attracting students into the program. Those students will complete their first year of study at home, and then come to St. Louis to complete their second year of coursework at UMSL and an international internship in the US

This fall two new partner institutions joined the program, bringing the total number of universities participating in the IMBA to five. Vienna University of Economics and Business Administration in Austria will be ready to receive students this coming fall. Similarly, Kyoto Sangyo University in Japan has finalized agreements also for this fall. Meanwhile, applicants interested in studying in Austria and Japan are starting to line up.

One of the great benefits of the IMBA program is that students will be able to develop an international network of relationships. In their first year of the program, UMSL students can connect with students in the host country. When they return to St. Louis in year two they'll be joined by students they studied with in year one and have the opportunity to build new relationships with students coming from the other partner schools.

Perhaps the most distinctive feature of the program is the opportunity most students will have to earn a degree from each of the institutions at which they study. As Tom Eyssell, Associate Dean and Director of Graduate Studies in Business notes, "The International MBA program is unique in that all of the participants not only study in a foreign country, but also complete an international internship. Thus at the end of their program, they have gained academic knowledge, exposure to a different culture and real-world business experience in that culture."




The University of Missouri - St. Louis has hired four new international business professors. One of them, Gaiyan Zhang, has already joined us. The other three, Gerald Yong Gao, Ekin K. Pellegrini, and Bindu Arya, will join us this Summer or Fall.

Gaiyan Zhang is a new professor in International Finance. Gaiyan, originally from China, received her Ph.D. from the University of California, Irvine, in 2005. Her research interests include credit risk, financial risk management and international finance.

We have a new professor in the Marketing area joining us this summer. Gerald Yong Gao is coming from the University of Hong Kong where he is completing his Ph.D. His research focuses on market and strategic orientation, market entry strategy, and foreign direct investment performance.

We have also hired two new professors to join us in the Management area. Professor Ekin K. Pellegrini is finishing her Ph.D. at the University of Miami. She is originally from Istanbul, Turkey. Professor Pellegrini has taught courses in Organizational Behavior and Human Resource Management.

Bindu Arya is another new Management professor. She is finishing her Ph.D. at the University of Texas at Dallas. Dr.Arya's research areas of interest are social networks, social responsibility and learning of Multinational Corporations, and knowledge transfer.




Last year, the University of Missouri-St. Louis instigated the creation of an International Business Consortium among some of the nation's leading universities in this field. This group met for the first time on the University of Missouri-St. Louis' campus March 6-8, with the following attendees:
  • Robert Hogner - Florida International University
  • Harry Lane - Northeastern University
  • Steven Loughrin-Sacco - San Diego State University
  • Arvind Phatak - Temple University
  • Lane Kelley - University of Hawaii
  • David Ricks, Allan Bird and Julius Johnson, Jr. - University of Missouri - St. Louis
  • David Ralston - University of Oklahoma
Members of the Consortium who were unable to attend were Bob Krapfel from the University of Maryland, and James McCullough from Washington State University.

The first order of business was to create a title for the new group, which decided to refer to itself as the Consortium for Undergraduate International Business Education (CUIBE), as the members decided to focus on undergraduate programs. The CUIBE members are currently involved in exchanging ideas and benchmarking each other, and using the results of this process to improve each school's programs. All of the program improvements that arise from these interludes will be made available as best practices for other schools across the country through seminars sponsored by CUIBE. The University of Missouri - St. Louis has been chosen as the information center for CUIBE, maintaining the list of best practices and other relevant data. We are extremely enthused about the possibilities that lie ahead for this group, and look forward to the opportunity to shape the growth of international business education programs throughout the nation!