“The practicum is an opportunity to really find out who you are in the international business world, at a graduate level. I went to Buenos Aires after 2 1/2 years in the Evening MBA and I can say that this short international consulting opportunity challenged me far more than my 10+ years of experience in executive management and business ownership. I started the Evening MBA program because, while my businesses had been successful, I knew I could be a more effective, stronger manager, of both people and processes, and this experience made me confident that the time and money I have spent on my USD MBA were well worth it! I had a fantastic team that brought together 4 completely unique people with different ages, levels of experience, and educational backgrounds, and in a short period of time we figured out how to assess the client’s needs, and meet them using each person’s strengths, benefiting not only the client, but each other, as we bound together to achieve success!” Jenniffer Knotowicz, MBA student
Many of our students will be heading to South America this intersession for an opportunity to earn up to 5 units as they enhance their global mindset by taking courses and/or working with organizations that face completely different challenges than the ones they are accustomed to back home. Just considering the economic environment in Argentina there are differences in formal vs informal market participation, unreliability of power for companies, price fixing, and exchange rate restrictions. Click here for an article that describes how the exchange rate restrictions have created a gap between the official exchange rate and the “blue-market” exchange rate. Yet many of the companies that operate there are world-class and we can learn from them how to overcome challenges, differentiate, and innovate for global competitiveness.
Despite some of their business challenges, the city of Buenos Aires is well known for its rich European heritage and beautiful architecture and is often referred to as the “Paris of South America”. It is a fascinating city that looks a bit like Europe but with an edgy Latin American twist. Amazing Malbecs, delicious parrilas (steakhouses), sensual tango in every street corner…Buenos Aires has a lot to offer!
In order to maximize your stay in this fascinating city and really immerse yourself in the Argentine culture, below are some must dos to make the most out of your experience abroad:
1- Enjoy some good Malbec and asado (Argentine steak) pairing
Argentina is known for its high quality, yet affordable, (especially due to the current exchange rate) beef and Malbec. Make sure you take advantage of this gastronomic opportunity to explore the best of Argentine cuisine. Some recommended places are La Cabrera (voted best steakhouse) located in the great neighborhood of Palermo, Cabana Las Lilas (fine dining steakhouse) located in Puerto Madero or Steak by Luis for an authentic asado experience. As for wine, Luigi Bosca, Taplitz, Norton are some recommended wineries.
Tango is likely to be everywhere you look. It is common to see tango music being played and professionals dancing on some of the busiest streets in Buenos Aires: La Calle Florida, Calle Defensa in San Telmo, in the streets of La Boca neighborhood, etc. But, if you would like to experience tango at its best – by learning how to dance it, by watching a real performance, or by simply listening to live tango music – read this article to know the best places to go.
3- Palermo Neighborhood – Palermo is the hipster, fun neighborhood of Buenos Aires. Here you will find the craziest Argentine fashion – in Palermo Soho – and the most trendy bars and clubs – in Palermo Hollywood. I highly recommend exploring this neighborhood, which was my favorite area in Buenos Aires when I lived there. Click here for more.
4- La Boca
La Boca is the famous colorful neighborhood that has 2 main attractions: La Bombonera (Boca’s soccer stadium) and the famous colorful artists’ street. You will also find some touristy restaurants with small tango performances. Food here is not the best though, but I would recommend sitting in one of the restaurants to have a glass of wine, watch some tango and do some people watching during the day. The neighborhood can get a bit sketchy after dark. Make sure you take a taxi to and from this neighborhood to be on the safe side.
5 – Feria de San Telmo
Live music, arts and crafts – in order to enjoy San Telmo you really need to go there on a Sunday. Best place for a stroll is Calle Defensa between Avenida San Juan and Independecia. For a live tango show go to Plaza Dorrego.
Buenos Aires nightlife options are endless. From the classic tango bars, to trendy street bars, to Las Vegas style nightclubs that are open until 7 in the morning. For tips on where to go read “A gringo in Buenos Aires”.
7 – Bosques de Palermo
Bosques de palermo is the most beautfiul park in Buenos Aires, and totally worth exploring. This is where the locals go running, cycling, roller blading, and where they enjoy Mate on the weekends. Don’t miss the beautiful “rosedal” (rose garden). On the weekends there is always live music to enjoy in the park as well.
8 – Recoleta
A fashionable, upscale neighborhood in Buenos Aires. Here you will find Plaza Francia – the best park for arts and crafts in Buenos Aires. You will be able to walk around on a sunny day and watch live circus performers, live musicians and purchase Argentine handmade crafts from hundreds of vendors on the weekends. This is also where the famous Cementerio de la Recoleta is located. If you are into architecture and art you will want to visit the cementary, here countless ‘streets’ are lined with impressive statues and marble sarcophagi.
If you like museums this one is a must! It is comparable to the MOMA in New York City in elegance and design, with the difference that it focuses on highlighting the top painters/artists from Latin America. Here you will find an extensive collection from 19th and 20th artists such as Frida Kahlo, Diego Rivera, and Antonio Berni.
10 – Plaza de Mayo
One of the city’s main squares, and a place of historical significance to the Argentine nation. This is where the revolution for independence from Spain started in 1810, the famous Eva Perón spoke to the crowds, and where the “Mothers of the Plaza de Mayo” still gather to protest the disappearance of their loved ones during the military regime EVERY Thursday.
“The USD MBA practicums provide real international business experience in real international settings. The economic and cultural influences of working abroad, combined with rapid and dynamic team building and leadership skills, make the international practicum a invaluable experience to any MBA student.” Brandon Britton, MBA student.
What about you, have you been to Buenos Aires? What do you recommend?
~ Renata Berto, International Programs Associate