Lipscomb University College of Business

Lipscomb Students Visit World Bank Group

On 5/24/2012

  
  

 

Lipscomb Students Visit World Bank Group

A group of students from Lipscomb University, in the U.S., visited the World Bank Group Office in Brussels, Belgium on May 9 to learn more about the WB’s role in economic development.

Mr. Guggi Laryea of WBG and Mr. Lorenzo Nelli Feroci of International Finance Corporation (the private sector arm of the World Bank Group) hosted the eleven students and their faculty members, Professor Charles Frasier and Assistant Professor Leanne Smith, with an overview about the WB and IFC.

The students are undergraduates from LU’s College of Business enrolled in a short-term global business, culture, travel course visiting London, Brussels, Paris and Frankfurt in a two-week period. LU is a private liberal arts university in Nashville, Tennessee. The students, who are majoring in Management, Marketing and Accounting, visited several companies and organizations as part of the course, including the European Union, the European Central Bank, Opel Car Manufacturing, Ingram Publishing’s Lighting Source in the UK (a print-on-demand distributor), Brussels Business School and the German Stock Exchange (DAX).

“As we seek to prepare our business students for the future, we know global awareness is important,” said Smith. “Lipscomb currently provides a variety of short and long-term travel courses, including two May courses for its business undergraduates – one to Europe and one to China.” Three LU students will head to Hong Kong this month to begin summer internships there. “We are seeking more global opportunities for our students and are excited to learn about internships at the World Bank and IFC.”

Laryea and Nelli Feroci offered helpful business and career advice to the students. “If you’re interested in working for an international organization,” said Nelli Feroci, “keep an eye on the news. Have an awareness of what’s going on.”

“You need to keep an open mind,” added Laryea. “Study abroad programs are useful, and internships in other places, such as in the private sector and NGOs.”

When asked about the impact that the WB has had on developing countries Laryea said, “We can’t really take all the credit when we work in another country and that country gets economically stronger, but many countries that were once borrowers no longer are.” This helps illustrate the vital contributions the WB has made.

Helping enlighten future business men and women on the mission and function of the WB and IFC is another development contribution that may be hard to measure, but one the students at Lipscomb are convinced will benefit them personally for years to come.

Interesting links:

Share your papers website

World Bank You Think website for young people

WBG Career Opportunities