MBA Class of 2010
Exchange Program
Why Kellogg?
• Top 5 business school in the US
• Best marketing school in the US
• World-class professors
• Great facilities (classroom, study room, computer lab)
• 13 friends from Sasin will accompany you … the more, the merrier
• Great opportunity to network with Kelloggers
• You will be taking 3 classes while other full-time Kellogg students take 45 classes. Thus, you’ll have time to join some events and activities and
travel to other cities
Preparations before the Program
Budget
Expenses in Bangkok:
• Visa Fees (Approximately Baht 10,000 in total – Visa fee of $140 and SEVIS fee of $180)
• Airfares (Approximately Baht 45,000 for Economy Class; Korean Air – Transit in Seoul,
China Air – Transit in Taipei)
Expenses in US:
• Estimated total living cost: minimum of $8,000; it could be lower if you cook or don’t
party as much
General Expenses:
• Accommodation – $1,875 - $2,250
• Meals - Varies: Low $7/meal, Average $10-$12/meal, High $20+/meal
• Tip - Usually 15% of the bill for services; Big group (i.e. 6+) could be charged higher
• Groceries – Water, snacks, toiletries, laundry items
• Phone - T-Mobile: Prepaid Family Plan – $35-70/month, depending on the
amount of talk, text and web that you want
- AT&T: Prepaid $1/day if use within AT&T
- Use Skype (Unlimited Country Plan $5.95/month or 6 cents per min avg.)
Other Expenses: (may require higher budget for the following activities)
• Trips to other cities / states (Car rentals, Plane tickets)
• Attractions (Tickets, Transportation)
• Shopping
Cautions
Luggage Content:
• Bring both winter and summer clothes (unfortunately, Spring is the transition from Winter to
Summer … you’ll experience both extremes – extremely cold & extremely hot weather)
• Don’t bring too much clothes and other items that you plan to buy in US (Most of you will
definitely get to do some shopping!). Should spare some space for the returning trip to
Thailand.
Luggage Weight:
• Keep in mind of fees for the extra weights / extra luggage
• Most airlines charged extra for luggages over 23kg (2 bags maximum checked-in)
• Korean Air: Extra fees of $25 for weights over 23kg but lower than 32kg (Economy Class),
$140 for an additional luggage
Safety:
• It is better to walk in group when it is late at night
• Use the common routes
• Use SafeRide (847-491-7000) – Free escorted rides to and from campus and nearby housing
(available from 9pm until 2:30am)
• Emergency poles around the campus are for use in emergency, press and call for help and
keep pressing the next one in the direction you are running, police will know where you are.
Once You Arrive Kellogg on the 1st Day
To-Do List on the 1st Day
Transportation from O’Hare Int’l Airport to Evanston (McManus Living Center)
• Taxi costs about $44 per ride (Fixed rate – 303 Taxi Tel: 1-847-303-0303)
• Shuttles (i.e.Go Airport Express): private van costs about $21/person (6 persons per van) or
shared van costs $18/person (*Note: The costs already include tips)
What to do on the first day
• Check in at your dorm (most likely it’ll be at McManus) and get the keys to your apartment
• Meet Cathy/Deborah (Student Affairs Office at Jacobs Center)
• Meet Adam to submit the student visa documents (Student Affairs Office at Jacobs Center)
• Get student ID card (WildCard) and buy textbooks at Norris Center
• Submit health insurance documents and schedule TB test (don’t do TB test in Thailand
because they don’t accept it). If your result is positive, it will cost you $400 for X-RAY (at
Northshore University Health System)
• Make payments for housing and activities fee at Bursar Office (Cross Clark St. from
McManus)
• Open bank account (either Chase or Bank of America; both have ATMs near McManus)
• Get SIM cards for your cell phones (recommend T-mobile’s Family Plan)
• Buy groceries … and bed sheets + pillow case + pillow + blanket (Buy from Macy’s at Old
Orchard)
Exchange Experience
Exchange Experience
I.
II.
III.
IV.
Overall Experience
Academic
Accommodation
Transportation
Exchange Experience
I.
II.
III.
IV.
Overall Experience
Academic
Accommodation
Transportation
Experiences
• Academic knowledge
• Learn to adapt to new environment
and ways of life in the US
• Diverse types of food and restaurants
• Interesting places and attractions
• Use of public transportation
(buses, trains, subway)
• Become closer to Sasin friends
• Make new friends at NU, especially Thai students at Kellogg
Networking – TG (Thank God It’s Friday)
Networking – Clubs and Activities
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Corporate Finance Club
Distressed Management Club
Entrepreneurship Club
Family Enterprise Club
Healthcare Enterprise Management Club
Investment Banking & Capital Markets Club (IBCM)
Investment Management Club
Private Equity and Venture Capital Club
Real Estate Club
Strategy & Business Development Club
Women's Business Association
Asian Management Association
Business Leadership Club
Emerging Markets Club
Environmentally Sustainable Business Club
Luxury & Retail Club
Social Impact
Where to eat?
Evanston:
• Joy Yee (Chinese)
• Fish Market (Sushi Buffet $22)
• Soba (Thai)
• Dozika (Japanese)
• Merle’s BBQ (Ribs)
• Clark’s (Breakfast, Brunch)
• Lou Malnati’s Pizza (Deep Dish)
• Papa John’s Pizza
• Al’s Chicago #1 Italian Beef
• Buffalo Joe’s
• Panera Bread
• Pot Belly’s
• Chilli’s
• Burger King
Downtown:
Cheesecake Factory, China town, etc.
At Jacobs Center, there
are speaker sessions
during lunch where
free lunch (i.e. Pizza,
Sandwich) can be
grabbed if attend.
Cooking Time
Sports
Where to buy/shop?
Grocery:
• Whole food (Organic food)
• Jewel Osco (Supermarket)
• Target (Discount retailer)
• 7-Eleven
• CVS Pharmacy
Books and IT:
• Barnes and Nobles
• Radio Shack
• Best Buy (Next to Target)
Clothes, Accessories, and More:
• Upscale: Downtown Chicago on
Michigan Avenue
• Discount stores: Nordstrom
Rack, Marshall’s, TJ Maxx
•Outlets in Aurora (Coach, Nike,
Armani Exchange, Guess, etc.)
Shopaholic Syndrome
Where to Visit (Day)?
• Millennium Park
• Botanical Garden
• Art Institute of Chicago
• Shedd Aquarium
• Architectural Boat Cruise
• Frank Lloyd Wright home and
studio
• Skydeck on Willis Tower
(formerly known as Sears Tower)
• Six Flags
more….
Where to Visit (Night)?
• Broadway
• Karaoke
• Blues / Jazz Clubs (i.e. Green Mill)
• Piano Bar
• Wine Bar
• Clubbing (i.e. Vision – Asian Night
on Saturdays)
Nightlife
EVANSTON
• The Keg of Evanston (undergrad galore, Kellogg Tuesday nights hangout spot)
• Pete Miller’s (steak, wine and cocktails)
• Tommy Nevin's Pub (again undergrad scene)
• Bar Louie (more upscale)
CHICAGO
Not only do we have dizzying selection of nightlife spots, the public transportation runs
all night long, and it’s relatively safe to travel the city at night.
Jazz/Blues
Some of the best Jazz/Blues musicians originated out of Chicago:
• Green Mill (awesomely awesome jazz bar, a MUST!)
• Buddy Guy’s Legends (John Mayer and Dave Chappell’s hangout Blues spot)
Clubbing
• Vision (Asian night every Saturday night)
Salsa/Latin
Lots of Hispanics in Chicago, the Latin scene is buzzing!
• Excalibur (Thursday nights, hot, hot and HOT)
• Cubby Bear (Sunday nights, awesome live Latin band)
• Rumba (Saturday nights, posh crowd, great cocktails)
Party Time
Networking and Friendships
Travel
Travel to other cities / states (NYC, Boston, San Francisco, Vegas, etc.)
In between the Spring
quarter
After the Spring quarter
(skip Q1.1 at Sasin)
Pros
Travel with more Sasin
friends
More time to travel, good break
after hard work
Cons
No break after Kellogg
studies!
Miss some good finance courses
in Q1.1
Trips
New York City
Trips
Boston
Trips
Granite Peaks - Wisconsin
Philadelphia
Trips
Indiana Sand Dunes
Starved Rock State Park
Trips
Washington D.C.
Seattle
Trips
Las Vegas
Exchange Experience
I.
II.
III.
IV.
Overall Experience
Academic
Accommodation
Transportation
Classroom’s Environment
• Very participative (most answers are well thought out)
• Professor starts and ends classes right on time
• Professors are very well prepared for the classes and very
knowledgeable
• No talking in class
Facilities
Classroom
Locker
Study Room
Internet & Printing
Atrium: Where we eat lunch;
Another option: Norris Center
Courses
• Sasin students are allowed to take 3 courses. (1 class = 1 credit at Kellogg or
3 credits at Sasin)
• Bidding System
• You’ll be given 1,000 points
• High points are usually required for popular courses (Use bidding statistics in the
previous quarters as the guide)
• Talk to exchange students from last year or Kellogg students … get some rough
ideas on how many points you need for each course
• If you have some leftover points from the 1st round, you can use them in the 2nd
bidding round.
• Some Interesting Courses:
• Issues in Air Transportation
• Advertising Strategy
• Leadership Coaching
• Marketing Strategy
• Introduction to New Products and Services • Financial Reporting and Analysis 1
• Financial Reporting and Analysis 1
• Technology Marketing
• Intellectual Capital Management
• Marketing Channel Strategy
• International Business Strategy
• Real Estate Finance and Investments
• Wall Street Hedge Fund and Private Equity • Advanced Business Strategy
• Financial Decision
Recommended Courses
• Marketing
• Marketing Strategy
• Advertising Strategy
• Finance
• Wall Street Hedge Fund and Private Equity
• Investment Banking
• Real Estate Finance and Investment
• Entrepreneurial Finance
• Others
• [xxx]
Marketing Strategy (Prof. Hennessy)
Professor Julia Hennessy
• Received Professor of the Year award
• Energetic, great sense of humor
Course Overview
• The course revolves around various marketing strategies
used (shown in different cases and examples) in order to
create competitive advantages over the competitors.
Workload
• 8-10 hours per week
• Requires a lot of team effort
• MarkStrat Simulation
• 2 MarkStrat reports and 2 case write-ups
• No final/midterm exams
Grading
• Modest
Wall Street, Hedge Fund and Private Equity (Prof. Stowell)
Professor David Stowell
• Extensive experience in wall street.
• Old school teaching, class discussion, no slides
• Most of material already covered in the text book he self-wrote
Course Overview
• Introduction to the world of hedge funds and private equity.
• Case-based discussions
• Top of industry guest speakers
• Extremely little maths
Workload
• One case per week – hand in one page answer
• One group presentation
• One group LBO business valuation model
• Final Take-home exam (45 questions!)
Grading
• Most get over 85% for each assessment, therefore can be competitive
***Only recommended for those with strong interests in this field***
Real Estate Finance & Investments (Prof. Furfine)
Professor Craig Furfine
• Enthusiastic, clear explanation, very dry-sense of humour
• Work Experience: Federal Reserves
Course Overview
• Introduction to fundamental real estate concepts:
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Property Valuation
Property financing: Capital Structure
Mortgage Investments
Mortgage-backed Securities
Land Valuation
Workload
• Weekly assignments (groups/individuals). Was heavy but later
reduce work load after students’ complaint.
• Mid-term and Final Exams
Grading
• Fair grading. Competitive class members. (A/B)
***Recommended for those interested in property business and
application of financial theory***
Entrepreneurial Finance (Prof. Rogers)
Professor Steven Rogers
• Enthusiastic, direct, good sense of humor
• Entrepreneurial experiences: used to own and operated two
manufacturing firms and one retail operation
• BoD of several high profile companies
Course Overview
• This course teaches students how to become entrepreneurs by
focusing on the following financial aspects:
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Pro forma development
Review business valuation models
Cash flow analysis, and raising capital from private investors
Workload
• 50% participation, 50% take home final exam
• Must read cases before class because he cold call like crazy!!!
Grading
• Relatively an easy grader but must be competitive with other class
members. (A/B)
***Highly recommended for those interested in starting your own
business***
Advertising Strategy (Prof. Ruckers)
Professor Derek D Rucker
• Enthusiastic, interactive, great use of visuals to explain concepts
• Work Experience: Superbowl Ads reviewer
• Voted top 40 professors under 40
Course Overview
• The course focuses on basic psychological principals to better
understand how to plan and execute successful advertising
Workload
• Weekly assignments (groups/individuals). Relatively light workload
• Take home final
Grading
• Fair grading, still need to work hard to earn A
***Recommended for those interested in property business and
application of financial theory***
Successful Entrepreneurship (Prof. Shefsky)
Professor Lloyd Shefsky
• Expert in Entrepreneurship and family business
• Work Experience: Lawyer and entrepreneur
Course Overview
• Introduction to Entrepreneurship:
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Motivation
Financing
Compensation
Communication
Innovation
Ethic
Workload: very light
• Short midterm and final paper (team)
Grading
• Fair grading (team papers only)
Pro: opportunities to listen to many famous CEOs (guest speakers) in
every class
Con: contents are very dry. Class is not as fun and interesting as other
subjects.
Exchange Experience
I.
II.
III.
IV.
Overall Experience
Academic
Accommodation
Transportation
McManus Living Center
Bedroom & Living room (Depends on room type)
Fitness
Laundry
Kitchen
Study Room
Computer Lab
Very convenient in terms of location and facilities
Engelhart Hall
Playground
Living Room
Kitchen
Lobby
++ Cheaper than McManus, nearer to train station & bus stop (Foster station)
-- Isolated from other MBAs, older facilities, no gym, no printing and computer labs
Exchange Experience
I.
II.
III.
IV.
Overall Experience
Academic
Accommodation
Transportations
Transportations
• Free Shuttle Bus
• Use Student ID Card (Wildcard)
• Services zone: Campus area, To Downtown area (Chicago Campus), To Shopping Malls
• SafeRide - University ride service at night, usually not available, need to call ahead VS
• Safe walk – our Sasin gentlemen, timely, better!
• CTA Train
• Fare for single ride: $2.25 ($4.5 roundtrip)
• Take about 45-60 minutes to downtown Chicago
• From McManus, you can walk to Davis Station to get on the train and commute to other areas in
Chicago.
* Note: Better to use Free Shuttle Bus when going downtown (faster & free)
• CTA Bus
• Use when your destinations are not in the walking distance from CTA stations
• Can use 1-day pass or pay when get on the bus ($2/ride)
• Taxi
• Expensive, walk if it is a short distance!
• Usually needed: for the first week when not familiar with the location, when buying a
lot of groceries, and at night
•Rent a car
• When 4 or more people want to have a roadtrip
• Should rent a car if you plan to shop at Aurora Outlet
• Need to get an international driver license from the Department of Land Transport (opposite
from Jatujak Weekend Market)
Car Rental
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The rental rates (includes basic insurance coverage of $15/day) could range from
$50 to $110 per day, depending on the car type.
Occasions which you may want to rent the cars: Road Trips (3-5 hours drive),
Shopping at Aurora Outlet, Six Flags
Nearest car rental company (3 blocks from McManus): Enterprise
• Address: 1810 MAPLE AVE, EVANSTON, IL 60201-3136
• Tel: (847) 332-2550
Examples of Our Rides
MBA2010 who went to Kellogg in Spring Quarter
First Name
Last Name
Nickname
Email Address
Phone
Numbers
Artittaya
Potiwan
Ping
Artittaya.Potiwan@sasin.edu
081-257-6769
Jane
Panamaneecot
Jane
Jane.Panamaneecot@sasin.edu
085-323-8228
Kittisak
Hataitham
Ik
Kittisak.Hataitham@sasin.edu
081-378-3493
Kumutmas
Kampanatsanyakorn
Nat
Kumutmas.Kampanatsanyakorn@sasin.edu
081-909-3133
Lalitta
Prachakit
Pat
Lalitta.Prachakit@sasin.edu
081-820-4714
Manop
Matta
Mark
Manop.Matta@sasin.edu
081-718-2551
Nattawut
Saubhayana
Dee
Nattawut.Saubhayana@sasin.edu
081-499-5842
Opas
Lopansri
Opie
Opas.Lopansri@sasin.edu
084-547-7764
Patcharawalai
Haimruangngern
Bee
Patcharawalai.Haimruangngern@sasin.edu
081-888-6886
Pimphen
Sae-Chew
Pear
Pimphen.Sae-Chew@sasin.edu
081-826-6299
Piyawat
Piyapaichayont
Golf
Piyawat.Piyapaichayont@sasin.edu
081-932-9966
Pong
Yawagun
Pong
Pong.Yawagun@sasin.edu
089-777-6387
Roongchat
Boonyarat
Jang
Roongchat.Boonyarat@sasin.edu
081-820-5522
Theera
Mekanand
Hunt
Theera.Mekanand@sasin.edu
087-773-8892
No doubt
one of the
most
memorable
experiences
ever!!!!
Q&A