MIBA | Master of International Business Administration
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.
- 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.
- Features professional competency in Value Driven Management.
- 43 credit hours
- Students represent an international community of learners providing their own insights into the global economy.
Curriculum Guide top
|ACT 5809||Accounting for Multinational Companies|
|FIN 5805||Financial Decisions for International Managers|
|FIN 5815||International Finance|
|INB 5807||Foundations of Global Business|
|INB 5818||New International Ventures|
|INB 5821||Cross Cultural Business Communication|
|INB 5822||Globalization and Emerging Markets|
|INB 5827||Import/Export Principles and Practices|
|SCM 5831||Global Information and Supply Chain Management|
|INB 5839||Global Strategy|
|MGT 5812||International Business Law|
|MKT 5833||Global Marketing|
|QNT 5040||Business Modeling|
|INB 5846||International Field Seminar|
|INB 5848||Strategic International Decisions|
Course Descriptions top
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.
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 and FINP 5008.
FIN 5805 Financial Decisions for International Managers (3 cr.)
Financial Decisions for International Managers examines basic accounting concepts and corporate financial statement components, and develops students financial decision-making abilities. The course is developed as a preliminary requirement for more advanced work in the courses, International Accounting and International Finance. Financial statement analysis is considered to consist of the application of analytical tools and techniques to financial statements and data in order to derive measurements and relationships that are significant and useful for decision-making. This analysis can be used for objectives such as screening for the selection of investments or merger candidates. It can also be used as a forecasting tool for future financial conditions and results; a process of diagnosis for managerial, operating, or other problem areas; and a tool for the evaluation of management. Overall, the course places a strong emphasis on improving managerial decision-making. Prerequisites: ACTP 5001 and FINP 5008 or equivalents.
FIN 5815 International Finance (3 cr.)
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, ACTP 5001, and QNTP 5002.
INB 5807 Foundations of Global Business (3 cr.)
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, and monetary systems. Attention is also devoted to country and analysis, political risk and contemporary issues such as off-shoring, corporate social responsibility and sustainability. Prerequisite: ECNP 5003 or equivalent.
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: MGT 5812, FIN 5805, INB 5827, MKT 5833, and INB 5807.
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.
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.
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: MGT 5812 and INB 5807.
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 5821, MGT 5812, MKT 5833, INB 5807.
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 nine dimensional scorecard estimating their performance in each area and their preparation for the future. Prerequisites: ACT 5809, FIN 5805, FIN 5815, INB 5821, INB 5827, MGT 5812, and MKT 5833.
MGT 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.
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.
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.
INB 5846 International Field Seminar (3 cr.)
The international field seminar is an organized travel study experience in which graduate students learn about international business development in a foreign nation. Based on the assumption that immersion in an alternative national setting is an extremely powerful method of learning, the course is offered semi-annually in countries considered to be transitioning economies. The IFS introduces students to the practical requirements of actually doing business in the destination country and covers a broad range of topics. Recognizing the importance of conceptual and practical learning, seminars are conducted by both academic and industry speakers and the group visits businesses situated in the destination country. Prerequisites: Students must have completed a minimum of 12 credit hours in the INB degree program and be in good academic standing
INB 5848 Strategic International Decisions (4 cr.)
Strategic International Decisions: (4 Credits) Strategic International Decisions is designed as the capstone course for the M.I.B.A. Program, integrating skills developed throughout the curriculum. With a strong focus on developing sustainable personal integrity for making decisions in global environments, the course covers personal and business strategies that create value for the individual and the multinational organization. Topics covered include global career decisions, controls on international taxation and foreign assets, national identity, including immigration and emigration, negotiating internationally, the management of risk and security, and the ethics of corporate responsibility to foreign and domestic employees. Prerequisites: Students must be in good academic standing to participate, meaning that students have maintained a 3.0 GPA and have not earned more than two grades below a B. INB 5839
Foundation Course Descriptions top
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.
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.
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.
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.
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.