MIBA | Master of International Business Administration

 
 
Professor Ruth Clarke MIBA Degree Program
Ruth Clarke, Ph.D. - Professor of International Business, Ph.D., University of Massachusetts Amherst, 1989. Strategy, new venture creation, international business.

International Business Experience
 
  • International Field Seminar
  • Strategic International Career Decisions


  • The Master of International Business Administration (MIBA) degree offers exciting, unique, and concentrated coverage of international business and trade in a curriculum designed for global managers and entrepreneurs. The MIBA will lead you to achieve personal goals for success in the international business world, while enhancing your abilities – such as cross-cultural communication – in order to meet the increasing demand for global managers in the corporate workplace.

    The MIBA program's international faculty members combine broad conceptual knowledge with hands-on experience to deliver a global program that examines complex issues relating to world trade and foreign investment decisions by the multinational enterprise and international entrepreneurs. The program attracts an international student body from around the world, creating a learning environment in which individual experiences are shared. The program places emphasis on strategic thinking, leading to the successful formulation and implementation of corporate strategies. With a core focus on the impact of globalization on decision-making, the program will educate you to become an effective leader of international business. By participating in the international study abroad capstone option you can actually visit an emerging market; previous study abroad trips have included visits to China, India, Russia, Brazil, South Africa and more.

    Program Features:

    • Courses offered alternating weekends on the main campus and online.
    • Program can be completed in as little as 18 months.
    • Program begins four times annually with starts in October, January, April, and July.
    • 43 credit hours
    • Students represent an international community of learners providing their own insights into the global economy.

    Curriculum Guide  arrowtop

    INB 5804 Navigating Learning Technologies  
    INB 5807 Foundations of Global Business  
    INB 5821 Cross Cultural Business Communication  
    MKT 5833 Global Marketing  
    INB 5812 International Business Law  
    QNT 5040 Business Modeling  
    FIN 5805 Financial Decisions for International Managers  
    INB 5822 Globalization and Emerging Markets  
    INB 5827 Import/Export Principles and Practices  
    ACT 5809 Accounting for Multinational Companies  
    FIN 5815 International Finance  
    INB 5818 New International Ventures  
    SCM 5831 Global Information and Supply Chain Management  
    INB 5839 Global Strategy  

    International Business Experience Select from 1 of the 2 options:

    1st option (2-semester sequence):
    INB 5845 Preparing for International Travel Study  
    INB 5846 International Field Seminar  

    2nd option:
    INB 5848 Strategic International Career Decisions  

    Current students: Please consult your Academic Advisor for program requirements or access SharkLink for your CAPP report. Program requirements are subject to change, and your Academic Advisor or CAPP report can provide you with the courses required for your catalog term.

    Course Descriptions  arrowtop

    Full-Time professionals are available to discuss the MIBA curriculum with you in greater detail. Simply call 800.672.7223 Ext. 25168 or contact our Enrollment Services Staff.

    INB 5804     Navigating Learning Technologies  (0 cr.)

    Navigating Learning Technologies is required for all MIBA students. The course introduces students to NSU and the Huizenga School in three modules, The Learning Environment, Navigating Blackboard, and NSU Library Resources. Students receive information for successful achievement of academic goals and the use of technologies required in the master’s program. All modules are offered online. 0 credit, P/F course.

    INB 5807     Foundations of Global Business  (3 cr.)

    Fundamentals of Global Business (3 Credits): The primary objective of this course is to effectively and systematically analyze the various institutional facets of the global business environment and their effect on the operations of firms. Globalization remains one of the most criticized and visible phenomena in recent decades. What problems do managers face while trying to exploit opportunities and address challenges in the global business environment? This course examines the institutional environment of global business, trade theory particularly in the light of political relations, foreign direct investment, supranational institutions that influence trade and investment, exchange rates and monetary systems. Attention is also devoted to country analysis, political risk and contemporary issues such as off-shoring, corporate social responsibility and sustainability. Prerequisite: ECNP 5003 or equivalent.

    INB 5821     Cross Cultural Business Communication  (3 cr.)

    This course provides the theoretical and experiential framework for examining the meaning of culture in global business. By focusing on the analysis of national and organizational cultures, it aims to increase the student's awareness of cultural values and communication differences and similarities. This course facilitates student learning about diversity in a professional and ethical manner, by providing knowledge, sensitivity, and respect for the values of others, but equally important, with knowledge of and respect for their own values. Additionally, the course provides students practical means of managing cultural differences and negotiating across cultures. The course is interdisciplinary, drawing from studies of communication, anthropology, and sociology.

    MKT 5833     Global Marketing  (3 cr.)

    This course is an overview of the unique aspects of marketing in the global economy that provides a framework for analysis. Emphasis is placed on the development of strategies for markets in diverse cultural, political, and economic situations. Focuses on foreign market analysis, target market identification, product planning, promotion, and channels of distribution. Prerequisite: MKTP 5005.

    INB 5812     International Business Law  (3 cr.)

    This course is a study of the international political, bureaucratic, and legal structures regulating and governing international trade and commerce, including multilateral and bilateral arrangements and organizations. Planning for the removal of trade barriers, methods of international contracting, and doing business abroad in the context of international legal environment will be a primary course focus. The definition and role of business ethics in national contexts is considered. Prerequisites: INB 5804 (may be taken concurrently)

    QNT 5040     Business Modeling  (3 cr.)

    This course covers the techniques of problem solving, optimization and business modeling using the concepts of statistics and management science in a spreadsheet environment. The course focuses on that practical application of quantitative analytical techniques. Prerequisites: FINP 5008 and QNTP 5002 or equivalents.

    FIN 5805     Financial Decisions for International Managers  (3 cr.)

    Students will learn the basic concepts and analytical techniques needed to understand, identify, and solve financial decision-making problems. Topics covered in this course include time value of money, financial statement analysis, risk and return, corporate valuation, capital budgeting, and using Excel for financial analysis. Prerequisites: ACTP 5001,FINP 5008, and QNTP 5002

    INB 5822     Globalization and Emerging Markets  (3 cr.)

    The course offers a comprehensive analysis of emerging markets including but not limited to the BRIC countries (Brazil, Russia, India, and China). This course identifies issues germane to developing markets as they integrate into global economy. The conceptual framework used in this course covers three perspectives: multinational firms from developed countries seeking to tap into the vast potential of emerging markets; entrepreneurs and multinationals from emerging markets seeking to develop global, world-class organizations and global investors seeking to profit from opportunities in emerging markets. The course will build on pervious understanding of legal, cultural, political, and other environmental differences across countries to offer insights into evaluating risk and strategy in emerging markets. Prerequisites: INB 5807 and INB 5821

    INB 5827     Import/Export Principles and Practices  (3 cr.)

    This course covers a comprehensive review and analysis of operations planning, documentation, financing, and transportation. Students learn about the role of service providers, such as freight forwarders, the importance of free trade zones, existing export regulations and control, and import tariff structures. Prerequisites: INB 5812 and INB 5807.

    ACT 5809     Accounting for Multinational Companies  (3 cr.)

    This course examines the international dimension of financial reporting and analysis. It provides students with an in-depth look at the multinational enterprise and the preparation and presentation of financial statements in different nations. Topics covered include international corporate taxation, transfer pricing, foreign currency translation, financial disclosure, and international accounting harmonization. Prerequisite: ACTP 5001, FINP 5008, and FIN 5805

    FIN 5815     International Finance  (3 cr.)

    International Finance covers the broad scope of the international monetary system, examining financial markets and financial instruments. Investigating the interrelationship of foreign exchange operations with corporate financial management decisions leads students to understand the intricacies of finance, contiguous with international operations. Attention is paid to capital management and investment analysis in the context of risk exposure for foreign investment. Prerequisite: FIN 5805

    INB 5818     New International Ventures  (3 cr.)

    New International Ventures focuses on developing students’ abilities to prepare to start a new international business. Students develop a specific business idea, and then examine the market feasibility for the new venture, and the operating conditions of the international destination. The business plan is developed using market research, potential entry modes, resource allocation, financial projections, and overall strategy for new ventures. The emphasis is on developing the ability of students to start a new business internationally using the business plan model. Prerequisites: INB 5807, INB 5812, INB 5821, FIN 5805, MKT 5833, QNT 5040

    SCM 5831     Global Information and Supply Chain Management  (3 cr.)

    The competitive environment in today's global markets has forced manufacturing and service firms to integrate internal operations, outsource non-critical and even critical activities, establish strategic partnerships with suppliers, and develop integrated systems that link these separate activities into a seamless electronic organization capable of developing products and services, when, where, and how a customer desires. Without new technologies and new organizational forms, building and managing these complex global systems would be impossible. With them, however, the management of these internal and external supply chains is a formidable task. In recognition of this strategic challenge, this course explores the development and management of strategic global supply chains. Prerequisites: INB 5807, INB 5812, INB 5821, MKT 5833

    INB 5839     Global Strategy  (3 cr.)

    Multinational firms compete globally for markets and resources and develop global strategy to guide them. This course focuses on understanding how firm's create competitive advantage in the global arena, and how firms can implement strategy, and covers the concepts of strategic management from a global perspective. The course uses an international corporate simulation, which requires students to develop a strategy to lead their own company and implement the strategy through tactics for operations, management, marketing, finance, logistics, and manufacturing. The simulation is an interactive competition between firms and includes random environmental factors which play a moderating role by impacting the performance of individual firms. Students are measured by a 9 dimensional scorecard estimating their performance in each area and their preparation for the future. Prerequisites: INB 5807, INB 5812, INB 5821, ACT 5809, FIN 5805, MKT 5833, QNT 5040, INB 5827

    INB 5845     Preparing for International Travel Study  (1 cr.)

    A companion course required of all students pursuing INB 5846. Prerequisites: INB 5807, INB 5812, INB 5821, MKT 5833, QNT 5040, INB 5822 (prerequisites may be taken concurrently with this course.) Student must be in good academic standing.

    INB 5846     International Field Seminar  (3 cr.)

    Designed as an optional capstone course for the M.I.B.A. program the international seminar develops graduate students' understanding and knowledge of international business in a foreign nation. Based on the assumption that immersion in an alternative national setting is an extremely powerful method of learning, each year the course is offered in a center of foreign business. The increasing interlocking of national interests presents additional challenges and opportunities for business organizations. Corporations of all sizes face a range of challenges and decisions, which are affected by changes in free trade possibilities and common-market bloc agreements. The weeklong series of seminars, held at a host educational institution, covers a broad range of topics, linked by a common focus on international strategy. Student's must complete the seminar exam and a written report on return to USA. Prerequisites: INB 5845 and student must be in good academic standing.

    INB 5848     Strategic International Career Decisions  (4 cr.)

    Strategic International Career Decisions [SICD] focuses on accelerating your global career. Students engage for the week in self-exploration through discussion and exercises devoted to planning out professional career development. A range of outstanding speakers share their highly relevant and realistic experiences. Students focus on the best options for them in a supportive group setting and develop confidence for career advancement. SICD can be taken around the mid-point of the MIBA program. Prerequisites: INB 5807, INB 5812, INB 5821, MKT 5833, QNT 5040, INB 5822. Student must be in good academic standing.

    Foundation Course Descriptions  arrowtop

    For students who did not complete the required foundation courses at the undergraduate level and score the grade of �C� or higher, these courses (or their equivalents) must be taken before or during the program. Foundation courses must be taken prior to the corresponding graduate course.

    ACTP 5001     Introductory Accounting  (3 cr.)

    An accelerated introductory course stressing the essential elements of accounting skills that will be used in the master's degree program. Managerial uses of accounting data and preparation of financial statements will be covered in this course. Course satisfies program prerequisite of financial accounting for master's degree programs. This course is not financial aid eligible if taken by itself. Students must be taking an aid eligible course from their degree program with this course in order to receive financial aid.

    QNTP 5002     Introductory Statistics  (3 cr.)

    This course satisfies the prerequisite of statistics for master's degree programs. The concepts of statistical notation, probability are covered as well as the principles of estimation using the central limit theorem. This course is not financial aid eligible if taken by itself. Students must be taking an aid eligible course from their degree program with this course in order to receive financial aid.

    ECNP 5003     Introductory Economics  (3 cr.)

    This course is designed to provide the students with a solid foundation in the basic concepts of economics. The course will introduce students to the analytical approaches and methods used in the economics by applying them to examine current economic issues. The discussion will begin with an overview. The structure will follow a traditional entry level course in economics. Much of the discussion will consider markets and how they determine what is produced and how it is allocated. Also, attention will be devoted to evaluating market outcomes and thinking about remedies to problems that markets cannot solve. Also considered will be how aggregate economic activities are measured, and the role of fiscal and monetary policies in determination of national income. This course is not financial aid eligible if taken by itself. Students must be taking an aid eligible course from their degree program with this course in order to receive financial aid.

    MKTP 5005     Introductory Marketing  (3 cr.)

    This is a survey of the essentials of marketing. Covers the nature of marketing and its environment, selecting target markets, marketing research, customer behavior, and forecasting sales. Emphasis on marketing strategy planning. Course satisfies the program prerequisite of marketing for master's degree programs. This course is not financial aid eligible if taken by itself. Students must be taking an aid eligible course from their degree program with this course in order to receive financial aid.

    FINP 5008     Business Finance  (3 cr.)

    A survey of the essentials of finance and its environment. Financial management as it applies to organizations, ratio analysis, leverage, working capital management, capital budgeting, capital structure, and other concepts as they apply to business organizations. Course satisfies program prerequisite of finance for master's degree programs. This course is not financial aid eligible if taken by itself. Students must be taking an aid eligible course from their degree program with this course in order to receive financial aid.