Student Report Name of the University: Bond University Exchange semester: Fall 2014 I. PRACTICAL INFORMATION Before leaving Norway I received my first inquiry 18th of February with an Offer for Exchange. After being nominated from BI, I submitted my application through Bond’s online registration system in April. I then received my Letter of Offer 18th of May and my Confirmation of Enrolment June 19th. Already when you apply you have to write which subjects you want to take and also have some subjects as a back up. The enrolment of the subjects opened July 14th. I found the whole process with signing up for subjects quite difficult. They cancelled the strategy course I wanted to take, so I had to find a new course and get this approved by BI. Further, I faced several errors using the online enrolment system and it took two weeks before I finally could enrol successfully. Applying for a visa (if applicable) I applied for my visa after receiving my Confirmation of Enrolment, through the Australian Government’s webpage: http://www.immi.gov.au/Services/Pages/student-visa-onlineapplications.aspx I got an immediate response (within an hour later) with a confirmation of my visa. I printed out and brought these documents to the airport, but they actually didn’t need it as they have everything in their data system. The cost of the visa was around NOK 3,200. Travel I travelled to Australia through Bangkok, and Bali, where I stayed for 10 days. Then I travelled from Bali to Kuala Lumpur to Gold Coast. I didn’t book my return ticket till mid of November because I weren’t sure when and how I wanted to go back to Norway. I end up spending around 16.000 NOK on flight tickets, which is more expensive compared to if you book a round-trip ticket earlier. I think this will approximately cost around 12.000 NOK. Housing It is possible to live on campus. However, I recommend living off-campus as it is neither particularly cheap nor nice looking, and you would have to use their meal-plan by always eating on the school’s brassieres and cafes which can get really expensive. Further, I will recommend living close to Bond of practical reasons and for the social life. You can get really nice-looking apartments close to Bond for almost the same price. I lived right next to Bond in a place called The Reserve, which I will absolutely recommend. This apartment had great facilities like swimming pool, gym, barbeque-area, etc. The apartments on The Reserve are also close to Market Square where they have several shops and cafes and are located next to a lake which surrounds the area. Costs The Australian price level is almost the same as the Norwegian. However, some things are less expensive, like for example rent, while other things are more expensive, like electricity. It also depends on the currency rate, which went up in November and December. Rent Books Food Transport Other 6000 NOK 2000 NOK (total) 3000 NOK 200 NOK 5000-6000 NOK Culture and language The culture in Australia is not quite different from the Norwegian culture, so I didn’t find it difficult to adjust to the culture. As an English speaking country, I did not face difficulties with the communication either as everyone you meet speak English. Bond University is a very international school with students from all over the world. This opens up opportunities to experience new cultures and make friends all over the world. These cultural differences were interesting to see but I did not view it as a problem but rather as learning. The weekdays are quite busy due to assessments during the whole semester, so the only time to travel and see the country is either before or after the semester or in the weekends. If you choose to travel in the weekends, avoid the middle and end of the semester, as it gets very hectic due to mid-semester and final exams. Travelling in Australia is also very expensive with high prices on flight tickets and booked tours. II. ABOUT THE SCHOOL Please describe: Bond University is in Gold Coast in Queensland, an hour away from Brisbane, on the east coast of Australia. It is located in a small suburb called Varsity Lakes with a couple of restaurants and shops in the near area and a big shopping centre 10 minutes away. The school is very small with around 4000 students where x are international students. It has five faculties; ‘Business’,’ Health Sciences and Medicine’,’ Humanities and Social Sciences’,’ Law’ and ‘Sustainable Development and Architecture’. The campus at Bond is beautiful and has a lot of facilities, which is included in the student fee. The sports center itself offers a gym, swimming pool, tennis court, etc. Further, you have several libraries, a 24/7-study area, cafés and brasseries, school pub and shops. Course registration As mentioned earlier, you have to tell which courses you are interested in already when you apply, but the final enrolment opened 14th of July in their online system. However, there was room for fixing problems with enrolment in the first week of the semester. But as the courses have to be approved by BI and Bond, I recommend doing this as early as possible. It also limited availability in each course, as the classes at Bond are very small. Academic calendar Arrival date: First day of the semester: Last day of classes: Examination period: Any special events/holidays: Other: August 22nd September 1st December 1st December 8th till 9th --Mid-terms in week 7 and 8 Arrival Orientation week (or O-week) is in the first week of the semester (week 0) and is an introductory week with lots of social events, opportunities to get to know the school and area and fix outstanding problems if any. Examples of events are barbeque, trip to the shopping centre, parties, movie nights and guided tours around the school. The lectures started the week after (week 1). The International Office The International Office provided me with any help I needed which I very much appreciated. I had a lot of questions in the beginning and they gave complementary answers in a short time. They helped me whenever I had problems and sent me all the information and documents I needed. Social activities Since the school is so international, I got to know more international students compared to native students. However, the relationship with the native students was very good and they were interested in getting to know exchange students. Bond also has a lot of student organisations ranging from business societies to sports clubs to wine tasting. Not every society can be joined as some of them require a longer stay at Bond. It is also a lot of activities where you do not have to me a member to join, like for example yoga and dance classes. These student organisations arrange events the whole semester, so there are lots of fun things to join all semester. III. ACADEMICS In the classroom The study and learning structure is very different from BI with small classes and a lot of interactive communication with both the class and the teacher. You are free to contact your teacher or step by his/her office if you have any problems. It is expected that you participate in class, where some courses even have participation as a part of the final grade. Therefore, it is important to show up prepared to class. Assessments take place throughout the whole semester so it is important to follow the pace and work with every subject every week. I found the workload and expectations higher than BI with a tougher grading system and assessments every week. One thing I specifically found harder was the time pressure of the evaluations; it usually requires lots of work done in short time. The type of assessments varies from course to course, but common forms are presentations, weekly tests, hand-ins, group projects, mid-semester exams and discussions in class. Most courses also have a final exam, which usually counts for 30-50% of your grade. Usually the students have two hours with lecture and two hours with a more practical class every week. The lecture is more theoretical but participation is required. In the more interactive class you usually get exercises or cases to work with. Most of the courses were case-based where you work with real life cases, which gives you a clear idea of how it is done in a real business situation. Course materials Most of the courses have a book to follow, others use articles or materials made by the lecturer/professor. The PowerPoints were also very helpful, with notes that helped me later before an evaluation. Exams The exams were based on both the lecturers and tutorials and course materials. Typically a course was evaluated with one mid-semester exam and one final exam in the end and other evaluations such as presentation, group work during the semester. The final exam were done in a sports hall at school and are usually written form on paper and lasted for two hours. One of my courses required preparations of a case received in advance to the exam. All my midsemester exams were also in a written form. Library and technology Bond has two libraries, one main library and one for the Law Faculty (which other students also can use). Both of the libraries have group rooms that can be booked in advance. The main library was equipped with a lot of computers and printers. The school also had other computer labs and study areas other places at school. Description of courses Please list below all the courses you took while on exchange. Your comments are useful for BI and for future exchange students, include information on the qacadmic level, challenges, relevance to your studies, if the course was practical/theoretical, any enrolment issues, etc. Course code & name MGMT13-307 Concepts of Strategy FINC13-307 International Finance Master/ Bachelor Bachelor Exam form Prerequisites 2-hour written exam, group project, presentation None Approved as Mandatory Bachelor Two tests, one group project with presentation, one individual assignment, one partner assignment Yes Elective Comments Case based approach with important and useful theory and frameworks. No book, so requires that you pay close attention in class and make a lot of research. A lot more difficult than the finance courses at BI, but very interesting with useful theory and ECON12-201 Markets and Corporate Behaviour Bachelor 2-hour written exam, 2-hour mid-semester exam, assignments Yes Mandatory ENFB13-305 Venture Capital and Private Equity Bachelor 2-hour written exam, group project with presentation, individual assigments None Elective frameworks for the future. Some repetition from microeconomi cs in the beginning, but move quickly over to more difficult theory. Important to keep up to date. An interesting course about investment. A case based approach on theory. Highly recommended! Summary of exchange experience Exchanging to Bond University is definitely something I recommend. Bond is a very good school with a high academic level, a rich social life and located in beautiful surroundings. From an academic point of view I learned so much studying at Bond. It was very challenging but also resulted in gained knowledge and the ability to be more analytical and problem solving. It also improved my communication and presentation skills, as I had to be more interactive in class and had to hold business presentations. Most of my courses also had a case based approach like it would have been in real life. These experiences have prepared me for work related situations. Studying abroad has also improved my English significantly, both oral and written. This was one of the reasons why I chose to exchange to an English speaking country. I feel much more comfortable speaking and writing English, which will definitely benefit me in the future. This semester abroad has also developed me as a person. It has made me more independent as I travelled all by myself and had to create a new life for myself in unknown surroundings. This forced me to step more out of my comfort zone and be better to take advantage of every opportunity I faced. I have also learned so much about other cultures and how to behave in relation to that by meeting and getting to know so many different people from different countries. This makes you more open-minded as a person. Exchanging to Australia is also an opportunity to travel and see more of the world. Australia is a beautiful and diversified country, which is definitely worth to see. Living in a new country makes you experience how it is to live another lifestyle. I really enjoyed my stay in Australia and would definitely recommend going here.