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In a world without borders, conducting business with people from different cultures brings with it massive challenges and enormous rewards. For companies wishing to conduct business globally, understanding cultural differences in business is fundamental for success. Whether it's sales, marketing, hiring, or finance, having keen insight into local customs, professional etiquette, government systems, and standard business practices can go a long way toward giving a company a competitive edge.
With an M.B.A. in International Business, you will develop the cross-cultural communication skills needed to do business on the world stage. You'll learn to manage conflict in international business, recognize political and social events that affect international business, recognize different monetary systems and currency policy, and gain an understanding of the movement of goods and services between multinational companies.
For more information about the program, please contact:
Total credits: 39
M.B.A. Core Courses (21 total credits)
|International Business Concentration Courses (15 total credits)|
|INB 5807||Foundations of Global Business|
|INB 5818||New International Ventures|
|INB 5827||Import/Export Principles and Practices|
|MKT 5235||Global Marketing|
|FIN 5515||International Finance|
|International Business Electives - choose one (3 total credits)|
|INB 5822||Globalization and Emerging Markets|
|INB 5846||International Field Seminar|
Full-Time professionals are available to discuss the M.B.A. in International Business curriculum with you in greater detail. Simply call 800.672.7223 Ext. 25168 or contact our Enrollment Services Staff.
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.
INB 5818 New International Ventures (3 cr.)
New International Ventures focuses on developing students decision-making abilities to prepare to lead a new international business or corporate business expansion. Students develop a specific business idea, and then examine the market feasibility for the new venture, and the operating conditions of the international destination, including potential ethical dilemmas. 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 critical thinking ability of students to start an entrepreneurial new business internationally using the business plan model. Prerequisite: INB 5807.
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 5807.
MKT 5235 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. It focuses on foreign market analysis, target market identification, product planning, promotion, and channels of distribution. It also discusses the complex aspects of exporting and foreign market entry-mode. Global economic, social and political events and issues are included in discussions related to formulating and adapting a global marketing strategy. Prerequisite: MKT 5125 or MKT 5070.
FIN 5515 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 5130 or FIN 5080 or FIN 5805.
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 previous 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.
INB 5846 International Field Seminar (3 cr.)
Designed as an optional 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 week-long 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 5807.
QNTP 5000 Foundations of Business Statistics (3 cr.)
This course covers collection, description, analysis, interpretation, and presentation of data to support business decision making. Probability distributions, central limit theorem, statistical inference for uni-variate data; correlation analysis and introduction to linear regression modeling and their application to real world business problems are discussed. The data analysis capabilities of Microsoft Excel are integrated throughout the course.
FINP 5001 Accounting and Finance Foundations (3 cr.)
A survey of the essentials topics in accounting and finance includes modern corporate environments, agency and governance, accounting principles, financial statements, ratio analysis, time value of money, financial decision making tools.