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College of Business and Economics
University of Idaho
875 Perimeter Drive MS3161
Moscow, Idaho 83844-3161
Phone: (208) 885-6478
Toll free: (800) 960-3033
Email: cbe@uidaho.edu

Graue students in Manila, Philippines in summer 2013

Pacific Perspectives

Graue Scholars Gain Real World Experience Through World Travel

The College of Business and Economics (CBE) is proud of their Graue Scholars Program that provides scholarship support for their top academically achieving students. Besides tuition, the scholarship allocates funds for an annual field trip that gives students unique, hands-on business experience. This year, each student applied for and received a $250 study abroad scholarship from the CBE and funded the rest of the trip to Manila, Philippines, themselves. CBE Dean Mario Reyes, who was born and raised in the Philippines, served as the group’s faculty supervisor.

While visiting the Philippines, the students explored the complex business models used in large financial institutions. The Development Bank of the Philippines (DBP), the second largest government-owned bank in the Philippines, was one of many stops during the Graue Scholars’ week-long trip.

More than one student described the visit to the Philippines Stock Exchange (PSE) as an eye-opener. According to the students, the PSE was more automated than the New York Stock Exchange. People work on computers at the PSE instead of talking on phones.

One student remarked: “Meeting with people who have been truly successful in business—like the retired managing director for Pfizer Southeast Asia, the chairman of the board of the Development Bank of the Philippines, the president and CEO of the bank and representative of the PSE—and hearing their take on the business world was a learning experience beyond what I would get in a typical classroom.”

Read full story in the Winter 2013 Enterprise Magazine.