Peter Falke is a talented but unknown historian and Rubens expert. He can fill in for a sick colleague at the Thompson Institute's exclusive annual vacation academy, which is being set up in a Swiss luxury hotel. Most of the students are spoiled rich kids, with much more interest in resort entertainment than lessons. One of the students, Ann Shirling, makes a bet about the new teacher. When the somewhat clumsy and shy Peter Falke also falls in love with Ann, much to the amusement of his much older colleagues, the misunderstandings and situations pile up.