Every country and region has an economy, and every town and city is packed full of trade and commerce, so how do you choose the best locations for an inspiring overseas business studies tour?
Paris – the French capital has a thriving financial district called La Defence. This purpose built business complex is packed with skyscrapers and office space, and makes a fascinating study project for any visiting school.
New York – The Big Apple is a treat for pupils studying any curriculum subject, but business and economics students will be spoilt for choice when it comes to visit options. The Federal Reserve Bank of New York controls the country's central banking system and their guided tour is very informative. Wall Street has featured in so many movies, that more of your students are likely to know what it is over the FTSE. Time Square and the United Nations are also well worth a visit.
Brussels – the role of the European Commission in Belgium has regularly been under the spot light and this fascinating city on our doorstep is a fantastic school trip destination for business studies students. No study tour to Brussels would be complete without visits to the European Parliament or the NATO HQ.
Geneva – Switzerland's most famous city is home to a host of company headquarters. Favourable corporation tax rates compared to other European countries mean businesses are relocating head offices in droves. Interesing visit options include the Evian factory, Watchmakers Factory, Television Suisse Romande and Gruyeres Cheese Factory.
China – despite recent economic problems, China is still one of the fastest growing parts of the planet and allows business studies students to view the unusual spectacle of almost run away capitalism in a communist country. Place to visit include the Baosteel Group Corporation, Shanghai's The Bund, the Beijing Olympic Stadium and the massive Yanjong brewery.
Dubai – capital of the United Arab Emirates, this city has been built on the profits of oil, but once this finite resource runs dry, the city will need to find other sources of investment. Tourism has been chosen as a strong secondary source of income with places like Burj, worlds tallest building, and Palm Tour, Man made islands in the shape of a palm tree.
Business studies is one of those school curriculum topics that can very quickly get very complicated for students. With relatively little experience of business, most pre-GCSE stage pupils will glaze over when you start talking about fiscal policy, or physical capital. So finding a way to get them engaged and understanding not only how individual businesses work, but also how the wider economic policies are played out on a national or international scale, is important to their intellectual development.
Taking a school study tour on the subject of Business Studies or Economics is a fantastic way for students to make the links between classroom concepts and real life situations. Feedback from teachers who have taken their pupils overseas to study business processes in action suggest that exam results improve and lesson engagement is noticeably better.