Master Course of International Business
International Business specialized course, focuses on key business disciplines within an international context. Introducing the foundations of finance, marketing, supply chains, human resources and operations, International Business course covers the needs of all businesses.
This Master course of International Business develops a broad range of transferable skills, from research and planning to presenting and reporting, and prepares you for international management or consulting roles. The International Business concentration is designed for students pursuing a career in global business management in a variety of settings including for profit and not-for-profit organizations, industry and government.
International Business focuses on the overview of the unique problems faced by firms engaging in international activities; the importance of understanding the foreign economic, social, political, cultural, and legal environment; the mechanics of importing and exporting; joint venture, franchising, and subsidiaries, international dimensions of management, marketing and accounting, and international financial management. The concentration will also explore the special problems of multi-national corporations; recent problems of the international economic system, as well as country-risk analysis.
The course covers how and why the world’s countries differ, a thorough review of the economics and politics of international trade and investment, explains the functions and form of the global monetary system, examines the strategies and structures of international businesses, and assess the special roles of an international business’s various functions.
Learning objectives for an International Business course should aim to equip students with the necessary knowledge and skills to understand and navigate the complexities of conducting business in the global marketplace. Here are five learning objectives for an International Business course:
- Identify key principles and theories: Students should be able to demonstrate a comprehensive understanding of the fundamental principles and theories that underpin international business, including international trade theories, global economic systems, and cultural differences impacting business practices.
- Analyze international market entry strategies: Learners should be able to evaluate various market entry strategies, such as exporting, licensing, joint ventures, and foreign direct investment, and determine the most suitable approach for different types of businesses and markets.
- Evaluate international business risks: Students should develop the ability to identify and analyze risks associated with conducting business in the global context, including political, economic, legal, and cultural risks, and propose effective risk mitigation strategies.
- Understand international financial management: By the end of the course, students should be capable of comprehending the complexities of international financial management, including foreign exchange rates, currency hedging, and international investment decision-making.
- Cultivate cross-cultural communication and negotiation skills: Learners should enhance their cross-cultural communication and negotiation skills, enabling them to effectively interact with diverse stakeholders from different cultural backgrounds in international business settings.
These learning objectives will provide students with a strong foundation in international business concepts and prepare them to tackle real-world challenges in the global business environment.
Students completing this specialized course with an International Business concentration should be able to:
- Explain business expansion abroad and key issues related to their operations in other countries.
- Compare and contrast cultures and societies globally using socioeconomic and cultural frameworks.
- Develop an entry strategy into other markets recognizing the nature of institutions and forces governing the process of globalization.
International business management
Import export business
Trade and Commerce
international relations course
public international law