Business in Prague

Ref: 10003218

Eligibility

Final year Business Studies students primarily enrolled on Global Strategic Management (CORP3501) and Global Contemporary Business Issues (CORP3544) are eligible to participate in this opportunity. The maximum number of places on this opportunity is 30 and the minimum the trip will go ahead with is 10. DMU staff will be accompanying the group.

DMU students are only eligible to receive one academic-led trip bursary per year. Please check our eligibility criteria for further details.

Description

The Czech Republic and particularly Prague has in recent years been an increasingly important place for doing business with a vibrant space for start-ups and especially techpreneuers. Much of this has resulted from its location at the heart of Europe within a couple of hours drive to Warsaw, Vienna, Dresden and a less than 4 hour drive to Berlin as well as access to cheap European flights that places it within a two hour flight time of many key European capitals. Furthermore a combination of low living expenses and what is a great living place makes it easier for companies to attract and retain talent from right across Europe.

The purpose of this trip is to explore the ecosystem that has enabled this vibrancy. Students will explore this through three proposed company visits as well as selected cultural activities. The companies chosen represent examples of traditional and new types of businesses out of the Czech Republic that have survived and become global titans.

Pilsner Urquell – a Czech brewery founded in 1842 and headquartered in Plzeň, Czech Republic. Notably its was the first brewery to produce Pilsener blond lager style beer, making it the inspiration for more than two thirds of the beer produced in the world today, which are named Pils, Pilsner and Pilsener.

Avast – a household name and one of the largest security companies in the world developing security software for homes,businesses, and schools in Czech Republic and internationally. It was founded in the Czech Republic and has evolved tremendously from its origins to a nextgen company with an immense cloudbased machine learning engine that receives a constant stream of data from more than 400 million users.

The Startupyard – a seed accelerator that’s became an integral part of the business startup environment in Prague

From participating in this trip, students will benefit from understanding the employability specification and role of business managers within entrepreneurial ecosystems and will develop further business ideas that promote entrepreneurship.

Cultural activities

Students may also choose to visit the iconic Prague Castle complex dating back to the 9th Century which covers an area of over 700,000 square metres and contains many different architectural styles from Gothic to Renaissance. Another highlight of the trip could be to take a boat tour on the Vltava River to enjoy the beautiful views of the city  including the Charles Bridge.

Travel and accommodation

Accommodation and travel will be booked by the faculty for this opportunity, and students will be expected to pay the full amount following confirmation of their place. The #DMUglobal bursary will be deducted from the cost of the trip at payment stage.

Contact details

Visa information

In order to participate in this trip, you are responsible for ensuring that you meet the Czech immigration requirements. EU nationals will not require a visa to travel to another EU country.

Non-EU nationals will require a visa to travel to Czech Republic and are responsible for obtaining a Schengen visa. Further information related to obtaining a visa can be found here.

The #DMUglobal team can provide visa support letters as required, and proof of enrolment can be obtained from the Student Gateway. You must ensure that you apply for your Schengen visa as soon as you have been formally accepted to this opportunity by #DMUglobal. You are responsible for checking processing times and meeting all application requirements in order to ensure that you receive your visa prior to departure. Be aware that immigration decisions are made by individual embassies.

Key Information

  • Departure date: Tuesday 25 February 2020
  • Return date: Friday 28 February 2020
  • Estimated cost of travel and accommodation: £250
  • Students will also be required to pay for: UK and in-country transfers, travel pass (£10), cultural visits (£10), food, drink and visa (if applicable).
  • #DMUglobal bursary: £150
  • Deadline for application: Monday 11 November 2019, 9am