Stanford Students Describe International Internships
As we noted in a June 6 post, one of the upcoming revisions to Stanford's MBA curriculum will require all students to take part in an international internship or other learning experience at some point during their program.
Prospective applicants to Stanford might want to take a look at the May 2006 edition of Stanford Business, which includes a feature about several current Stanford students who participated in the GSB's Global Management Immersion Experince (GMIX) this year. The article gives an idea of the kinds of work that Stanford students can do through this program, and of the benefits they feel they get from it.
Michelle Chen, a second-year MBA student, did her internship with LinguaNet, a Paris-based translation services provider headed by a Stanford alumnus. She helped the company define its strategic positioning and researched whether it should try to market its services to Chinese companies. Chen, a native of China whose perspective as an Asian was especially valuable to LinguaNet, concluded that it was too early to enter the Chinese market because the price point for translation services is too low for the company to make a profit. She recommended that the firm instead target foreign companies hoping to enter the Chinese market.
Texas native Melissa Lopez interned for a small consulting firm in Sofia, Bulgaria. Lopez, whose work experience is in investment banking, was tasked with putting together an investment proposal to raise €10m for a new medical facility that will use laser technology for non-invasive treatment of cancers and other tumors. Lopez said the experience was similar to projects she had worked on for CitiGroup in the US, but involved "some interesting twists" because Bulgaria's venture capital industry is still taking shape.
Yoonyi Lee, a native of Korea, interned with the National Kidney Foundation of Singapore, where she was asked to analyze Korea as a potential fundraising venue. Lee researched the Korean legal system, public attitudes toward charities, media practices, and potential competitors for donors' funds. She described her internship experience as "invaluable," noting that it allowed her to "incorporate everything I learned at the Graduate School of Business and prior work experience into a well-organized plan for a fledgling charity fund with such a great lifesaving mission."
To read more about these and other Stanford students' international internship experiences, see "Hands Across the Water," by Theresa Johnston, in the May 2006 edition of Stanford Business
(http://www.gsb.stanford.edu/news/bmag/index.html).
Prospective applicants to Stanford might want to take a look at the May 2006 edition of Stanford Business, which includes a feature about several current Stanford students who participated in the GSB's Global Management Immersion Experince (GMIX) this year. The article gives an idea of the kinds of work that Stanford students can do through this program, and of the benefits they feel they get from it.
Michelle Chen, a second-year MBA student, did her internship with LinguaNet, a Paris-based translation services provider headed by a Stanford alumnus. She helped the company define its strategic positioning and researched whether it should try to market its services to Chinese companies. Chen, a native of China whose perspective as an Asian was especially valuable to LinguaNet, concluded that it was too early to enter the Chinese market because the price point for translation services is too low for the company to make a profit. She recommended that the firm instead target foreign companies hoping to enter the Chinese market.
Texas native Melissa Lopez interned for a small consulting firm in Sofia, Bulgaria. Lopez, whose work experience is in investment banking, was tasked with putting together an investment proposal to raise €10m for a new medical facility that will use laser technology for non-invasive treatment of cancers and other tumors. Lopez said the experience was similar to projects she had worked on for CitiGroup in the US, but involved "some interesting twists" because Bulgaria's venture capital industry is still taking shape.
Yoonyi Lee, a native of Korea, interned with the National Kidney Foundation of Singapore, where she was asked to analyze Korea as a potential fundraising venue. Lee researched the Korean legal system, public attitudes toward charities, media practices, and potential competitors for donors' funds. She described her internship experience as "invaluable," noting that it allowed her to "incorporate everything I learned at the Graduate School of Business and prior work experience into a well-organized plan for a fledgling charity fund with such a great lifesaving mission."
To read more about these and other Stanford students' international internship experiences, see "Hands Across the Water," by Theresa Johnston, in the May 2006 edition of Stanford Business
(http://www.gsb.stanford.edu/news/bmag/index.html).

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