Student Report Name of the University: Exchange semester: Chulalongkorn Fall 2014 I. PRACTICAL INFORMATION Before leaving Norway I received the information package from Chulalongkorn on time, and the student advisor, Thirawut emailed me updates with impressive frequency. There is no lack on information, and he always answers your emails straight away. Applying for a visa The visa process is a bit time consuming and it’s necessary to do this as early as possible, but not before 3 months before your departure to Thailand. You will then receive a 3 months single entry visa that you need to either renew or go to the immigration office where you could buy a multiple entry visa. The other possibility is to cross the border and receive a tourist visa on arrival. The initial visa that you buy in Norway costs 500 kroner and has to be paid in cash at the embassy. Travel I bought the tickets to Bangkok at Norwegian.no, which had the lowest price options. I paid between 2000 and 2500 NOK each way. It’s a good idea to check different dates to find the cheapest tickets. Buy the tickets as early as possible to get the cheapest tickets. Norwegian have direct flights from Oslo (Gardermoen) to Bangkok. Housing The BBA office has contact with three serviced apartment buildings, where most of the student lives in hotel-like environment. These are Nonsi Residence, Evergreen Place and Asoke Residence. All three places have swimming pool, gym and cleaning girls. At Nonsi you can choose between an apartment by your self or for two or three and have your own bedroom, while at Evergreen and Asoke you stay 4 in one apartment, and two and two have to share bedroom. Evergreen is more central, but most of the exchange students stayed at Nonsi. The BBA office will support you with the rest of the information. To stay at Nonsi cost you 12000 baht a month plus electricity. I stayed at Nonsi and I payed 18000 baht plus electricity because I had my own apartment and I would never change. Nonsi is not located in the city center, but its only a 10-15 minutes cabdrive to school and the big shopping malls. Costs The cost of living in Thailand is insanely low, books is about 700 baht each (150kr). A meal in the school canteen is about 20-50 baht (4-10kr). If however you want some more exclusive food, you could go the mall on campus and pay between 50-150 baht for some good food, most of the restaurants there is Japanese or fusion. Food elsewhere is so cheap that you will never have to cook yourself. There are restaurants all along most streets (street food is extremely popular in Thailand) and it will cost you 40-200 baht per dish. International restaurants are a lot more expensive, but still cheaper than in Norway. Also McDonalds is quite expensive for Thais, but at 120 baht, or just over 20 kr for a Big Mac menu, it’s still cheap. Because Bangkok is such a big city, you will have to use transportation to get most places. The traffic is furious most of the daytime, but there is easier way to get around. The BTS Skytrain has two line and cost from 15-40 baht per trip. The MRT Subway has one line and cost between 20-40 baht per trip. If you are more than 2 persons, it is usually cheaper with a taximeter, which starts at 35 baht, and get you around most off the city for less than 100 baht. A bit more dangerous, but faster way to get around is with a motorbike taxi. They are a bit more expensive than a taxi, but can get through traffic a lot faster. If you are late for school, it’s a good alternative. There are also tons of buses, but they are even slower. TUK-TUKs are a bit faster than taxis, but many of the drivers will try to rip you off, don`t get into one without agreeing a price in advance. They are usually a bit more expensive than taxis. I ended up renting my own scooter and payed 3000 baht (600 NOK) per month. Shopping is a big hobby for many Thais it seems, and you can find things to buy everywhere. Some places you need to bargain hard, while other places it`s not usual to do so. Try not to shop too much at places with a lot of tourists, because there the prices are naturally put higher. Shops around Khao San Road can be cheap though. The weekend market, Chatuchak is one of my favorites. Here you can find anything and the prices are not too bad. Some shops you can bargain some, while in other shops you cannot. Platinum fashion mall is a big hit, there are hundreds of small shops there and the prices aren`t bad. The upmarket shopping malls like Central World and especially Paragon is for the rich, or HI-SO`s as the they are called in Thai. Prices here are mostly on the same level as in Europe. Other markets not to miss are the night market at Saphan Pud, and the gaming market at Saphan Lek. MBK is the most popular shopping mall among tourists, but here it`s easy to get tricked, and the prices are almost always higher for foreigners. While in Thailand it`s essential to travel around the country. Best way to get around is by bus or plane. AirAsia is definitely the cheapest airline. A bus ride to the southern part of the country, like Krabi is around 500 baht, and to the islands on the eastern cost you will need to pay about 150-300 baht depending on the class of the bus. VIP is the best class, with good seats and TVs. The basic bungalows could go from anything between 300 and 1500 baht depending on the season and the location. Culture and language Everything related to school will be in English so language is not a problem at school. However, when going to a market or trying to tell the taxi driver where to go, language could be a problem. Trying to learn some basic Thai words will make this a bit easier. Body language is universal, and if you try to pick up things as you move along language will not be a big problem for you. Thais are very helpful and will try to do as best they can to make you happy. II. ABOUT THE SCHOOL Chulalongkorn University is located in the middle of Bangkok. It has a large campus on both sides of Phaya Thai Road and is easy to access through public transportation. Next to the Faculty of Commerce and Accountancy where I had most of my classes there is a shopping mall called Chamchuree Square which is very popular among the students, under the mall there is also a metro station. Chulalongkorn, or just Chula for short has faculties for anything ranging from art to economy and the campus is divided so that each faculty has it’s own building(s). North of Campus is the Siam area, one of the busiest areas in Bangkok with some of the biggest shopping malls. This is where Evergreen Place is located. The school has about 35000 students (23000 undergraduates and 12000 graduates). During my semester we were over 100 exchange students. Academic calendar Arrival date: First day of the semester: Last day of classes: Examination period: Any special events/holidays: 7th August 13th August 23rd November 24th Nov – 5th Aug There are two exam periods, one for midterms in the end of September and one for the finals in November/December. There are no set holidays, but if your midterms are within a week, you might get a week off. The same counts for the end of the semester when you might get a week or two off before your finals. If you arrange courses according to which day of the week they take place, you could end up with a long weekend. Many students do this. Last day of the semester is in the beginning of December and depends on your exam schedule. Arrival All the exchange students got assigned to one or two buddies (like a Norwegian Fadder). I got one signed, and she met me at the airport and helped me a lot the first week. They took me around campus and helped me to buy the school uniform. This was helpful and very welcoming. The International Office There is a BBA office at the faculty of Commerce and Accountancy. It`s open from 08.00 to 17.00 Monday to Friday. There is several persons working there to assist you, Thirawut Sutabut is the contact person for the incoming exchange students. If there is anything you want information about, just ask there. Promoting BI and Norway At the welcome party all incoming students will be asked to make a presentation on stage about your country and university and present something relevant to our culture. I did the presentation with the other exchange students from Scandinavia. Social activities The relationship you get with the other exchange students is very good. You get to know people from all over the world. We were a big group of exchange students, and you get a lot of close friends. I hanged out with mostly people from Nonsi since I lived there. We often went out eating, drinking or traveling together, but people have different school schedule, and all most everybody choose courses after how the timeline is set up, so people have school from Monday – Wednesday or Wednesday – Friday. Basically, you probably will end up travelling with people with same schedule as you. You are free to join organizations at school such as football, aerobics and other cultural things. Not many exchange students attended this kind of things as far as I know. I travelled to Cambodia, Laos and Vietnam, as well as several destinations in Thailand including the famous full-moon party at Koh Phangang, Koh Tao, Koh Lanta and Koh Phi Phi among others. Travelling around Thailand and neighbouring countries is highly recommended. III. ACADEMICS In the classroom All the teaching is done in English, which is fluently spoken, by professors and students. Compared to BI there is more case work and presentations. The final exams are usually not counting more than 25-30 %. This makes you work more evenly throughout the semester rather than just the last two weeks before the exam. Teaching is as much practical as theoretical and perhaps not as academic as at BI. The cases and presentations will be done in groups, so pick a good group to work with early. There`s usually a lot of humor and goodwill in the classroom, so don`t be scared to take the word. Course materials The literature is in English and on pair with the one you find in Norway. In some classes, handouts are the only required literature though. Exams There is both midterm and final exams, where the curriculum is split in two. Exams could be both written or given as a multiple choice. A course was normally evaluated by a midterm (30%), final exam (30%), class participation/in-class quizzes (20%) and group work/presentations (20%) Library and technology The library is easy to access and open for exchange students, but you need to login before entering. Same counts for the computer rooms. Remember to wear full uniform when going to the library. Information from school will be sent by mail, or through the IT program Blackboard. Description of courses I got a lot of information about different course from Thirawut in good advanced time to choose; also you can change your courses during the first two weeks. 2604361 Business Finance Goals of financial management, techniques used in financial analysis, financial planning and control, working capital management, capital budgeting, longterm financing, cost of capital and capital structure. The evaluation was two written exams who counted for 33% each, one group work 20%, and the remaining was in-class quizzes. 2602416 Business Strategy Strategy and long-range planning; strategy formulating process; social, economic and political factors affecting strategy, role of a manager as an implementer of strategy. The evaluation in this course was one exam who counted for 50%, one presentation who counted for 20% and the remaining 30% was a simulation game online. 2601123 Intermediate Accounting Cash and internal control; recognition and valuation of receivables; estimation of bad debts; investments ; recognition and valuation of inventory; recognition, valuation, and deposition of fixed assets, natural resources, and intangible assets; depreciation, depletion, amortization; current liabilities; long-term debts; stockholders’ equity ; retained earnings. The evaluation here was just two exams, bot written and multiple choice, and counted for 50% each. 2601224 Managerial Accounting Roles of accounting in management; cost concepts and classifications; product costing; job costing; process costing; activity-based costing; full costing and variable costing; costvolume-profit analysis; analysis of costs for decision making; standard costing and variance analysis; budgeting; responsibility accounting and performance evaluation. The evaluation was two exams who counted for 40% each and the remaining 20% was homework and inclass quizzes and participation, 2604362 Personal Finance A finance class. Highly recommended. Learned a lot about how to deal with your own finances. The evaluation here was just the two exams. The mid-term was written and counted for 50% of the grade, so did the final exam which was multiple choice.