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Florence I Study Abroad

Summer 2018

Application Deadline: March 1, 2018. Apply now!

Florence I

Program Details


MGMT 31000 Financial Management, MGMT 39000 International Elective


Florence, Italy

Program Dates: May 11 - June 8, 2018
Faculty: Prof. Charlene Sullivan & Local faculty
Host: Krannert School of Management

The program is open to Purdue undergraduate students with a 2.5 GPA. Prerequisites for this course are MGMT 201 and ECON 251.

Course Credits: 6 credits

$4500 (airfare not included)


Krannert students may apply for Krannert specific scholarships in addition to the Purdue Moves Scholarship. For more information click here!


Students will stay in shared student apartments in Florence.

Language Requirements: None.
Scholarship Deadline:

February 1, 2018. Krannert Scholarship deadline (students will be notified by mid-February of Scholarship standing)

Deposit Deadline: March 1, 2018. $500 non-refundable deposit
Apply: To apply for this program, visit the Study Abroad website
Contact: for more information.

Course Descriptions

Financial Management - MGMT 31000

This introductory course provides students with a foundation to build a meaningful understanding of corporate finance and the role of the financial manager.  As the course progresses topics such as discounted cash flow valuation, bond valuation, stock valuation, cost of capital determination and the decision criteria to apply to project evaluation will be discussed.

Family Business & Entrepreneurship in Italy - MGMT 3900 International Elective

Family enterprises represent the majority of businesses in Italy; most of them are small and medium enterprises (SMEs), with few numbers of very large firms. Of these businesses, more than 65% select top managers from within the family, compared to 25% in France and 10% in England. These businesses produce a substantial share of the economy’s output, and employ nearly 70% of Italian workers in different sectors within the economy.

This course provides an insight into Italian businesses and entrepreneurship. Family business and entrepreneurship will be placed into a national and historical context and the importance of family businesses for the Italian economy will be identified. Students will learn to evaluate the relevance of family businesses for the Italian economy and identify national and international factors and drivers, which can influence entrepreneurial businesses. Students will analyze the life cycle of family business, models of managements, succession issues as well as cultural aspects and values that define the main peculiarities of a family business compared to a non-family business, representing a heritage for future generations.

The students will also have the opportunity to meet local family business (small and medium size enterprises) as well as other well-known Italian brands.

Krannert Faculty Bio

Charlene Sullivan

Charlene Sullivan
Associate Dean of Undergraduate Programs, Associate Professor of Management

Ph.D., Management, Purdue University, 1978
M.S., Management, Purdue University, 1975
B.S., Home Economics, University of Kentucky, 1971

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