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Iron Sharpens Iron program at Wheaton College Program Overview

Iron Sharpens Iron is an exciting eight-week immersion program uniquely blending the cultural, political, economic and business aspects of cultures around the globe. The program focuses on the interaction of political and economic policy, the effects of globalization on human flourishing, and the economic well-being of countries in the study area. Students take part in numerous site visits and hear lectures from business leaders and diplomats. This program features on-campus and off-campus learning, and as part of the course work, student teams, with faculty guidance, develop research projects designed to be presented at the corporate or policy executive level.

ISI 2015

In 2015, ISI examines the economics and politics in Panama, Peru and Colombia.  Students participate in intensive on-campus study for four weeks; during this time they will take part in site visits to American businesses in preparation for their international field study.  Students then travel to Panama, Peru and Colombia visiting businesses, NGOs, churches, government offices, markets, think tanks and points of cultural significance.  Upon their return, students present group projects to Speaker Hastert and a select group of faculty.

ISI 2015 Latin America Trip: Speaker Hastert Interview on Plan Colombia
 

How to Apply

To apply to be part of Iron Sharpens Iron 2015, visit Go Global, Wheaton College's registration system for off-campus study and international travel, research, and internships. Apply Now >> 

  • Sponsoring Department: Hastert Center 
  • Program Leader(s): David Iglesias, J.D., Director of the J. Dennis Hastert Center for Economics, Government, and Public Policy 
  • Term: Summer 
  • On-Campus Dates: May 11 - June 5, 2015 
  • Travel Dates: June 6 - July 2, 2015 
  • Cost: $7,500 (airfare included, on-campus housing costs NOT included) 
  • Prerequisites: ECON 211: Principles of Microeconomics, ECON 212: Principles of Macroeconomics or IR 379: International Political Economy, IR 155: Comparative Politics.  
  • Eligibility: Wheaton and non-Wheaton College students with at least a 3.0 GPA, who have completed the prerequisite courses by May 2015. 
  • Highlights: Site visits and lectures with business leaders and diplomats.  Students have the opportunity to conduct guided corporate-level research. 

Course Offerings

Iron Sharpens Iron students register for a total of 8 credit hours:

ECON 394/IR 371 Globalization in the Latin American Context (4 credit hours)
Instructor:  Dr. Seth Norton, Professor of Business and Economics
This course examines the history and effects of globalization throughout the world and with specific reference to Latin America. Students will study the economic, political and human impact of globalization on issues such as economic growth, international trade, population growth, the technological innovations of global communication, and human mobility.  

 

BEC 382 Global Business Strategy (2 credit hours)
Instructor: Dr. Min-Dong Paul Lee, Associate Professor of Business
This is a methods course designed to provide the tools that will help students develop and evaluate corporate strategies.  The course focuses on the challenges of doing business globally; with specific reference to Latin America.  Students will analyze cases and observe companies in-country in order to sharpen their skills regarding Mergers & Acquisitions and organic growth strategies in a global context. 

 

Econ 392/IR 352 Capitalism, Democracy and World Religions (2 credit hours)
Instructors: Dr. Seth Norton, Professor of Business and Economics and Dr. Annette Tomal, Associate Professor of Business and Economics
This course examines the role of Christian world missions as an economic and political force. The link between world religions, missions, and empire is explored as well as criticism of the missionary movement as an instrument of cultural imperialism. The role of the missionary movement in affecting democracy and economic growth is explored.  The course will provide special reference and focus on role of culture on economic institutions, especially economic freedom and economic performance of Latin American countries. 

Credit Breakdown

IR majors

IR 371 Globalization in the Latin American Context: 4 hours of upper division International Politics credit OR 4 hours of upper division Economics credit.

IR 352 Capitalism, Democracy, and World Religions: 2 hours of upper division Comparative Politics credit.

BEC 382 Global Business Strategy: 2 hours of general elective credit hours.

PSCI majors

IR 371 Globalization in the Latin American Context and IR 352 Capitalism, Democracy, and World Religions: 6 hours of upper division elective hours in the major.

BEC 382 Global Business Strategy: 2 hours of general elective credit hours.

BEC majors

 ECON 394 Globalization in the Latin American Context, ECON 392 Capitalism, Democracy, and World Religions, BEC 382 Global Business Strategy: 8 hours of upper division credit in the major. 

ECON majors

ECON 394 Globalization in the Latin American Context and ECON 392 Capitalism, Democracy, and World Religions: 6 hours of upper division Economics credit

BEC 382 Global Business Strategy: 2 hours of general elective credit hours.

 

Program Fees

The fee of $7,500 covers tuition, international airfare, airfare and ground transportation within the program, country entrance fees, lodging, meals, and group admission to historical sites. Students will be charged an additional:

 

  • $575.71 for room (on-campus housing in an apartment for 26 days) 
  • $333.45 for board (three meals per day, Monday through Friday) 

should they choose to remain on-campus from May 11 - June 5, 2015 and/or eat their meals in Anderson Commons. Students will also be responsible for the cost of any books, weekend meals (Saturday and Sunday) for the on-campus portion of the program, and all personal expenses.

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