The International Business concentration gives students a deeper and richer understanding of the environment of international business, and allows them to be effective leaders in the future, managing opportunities as well as shocks and risks. The Scheller College of Business has the unique distinction of being designated a national center of excellence in international business education and research through the competitive awarding of a national CIBER Center since 1993, last reaffirming this position in the 2014 national competition and award.
Students pursuing a concentration in International Business should complete nine credit hours (three courses) from the following electives. A certificate is also offered in this interdisciplinary area.
Understand forces in the global environment shaping a company's operations, choices, and opportunities. Illustrate best practices of international business competitiveness. Case situations focus on different countries' environments, industries, etc. Sharpen knowledge of international business issues and trends.
And two of the following courses:
An overview of accounting issues arising from the increased internationalization of business. Topics include comparative financial reporting among countries and accounting treatments of international transactions.
Learn how to deal with exchange rate risk and market imperfections. Maximize benefit of expanded global opportunities. Explore foreign exchange risk management, international corporate governance, and cross-border M&A. Explore management of multinational firms.
This course emphasizes decision making for the multinational firm amidst exchange rate fluctuations, differing tax structures across countries, and political risk via case discussion and analysis.
Examine how managers and employees become more effective leaders by understanding the role gender, race, and ethnicity play in the life of the organization. Understand the way the majority views itself and what effect this has on change within the organization. We will explore how a leader can use an understanding of these divergent styles to enhance both the individual's and group's effectiveness.
Acquire knowledge, skills, and sensitivities to help in developing and executing global strategy. Understand global context, international competition, and cultural challenges. Learn strategic concepts, analytical frameworks, and heuristics for making decisions. Develop models for analyzing where to compete, where to locate, and what products to make.
The GATT and the World Trade Organization. The regulation of import competition and unfair trade. Regional trade agreements in North America and European Union. International commercial and sales laws. Imports and customs law. Intellectual property rights and licensing. Labor and employment discrimination law.
Understand the international competitive position of U.S. as well as foreign firms. Develop awareness of the environmental factors affecting international marketing. Understand the similarities and differences of international versus domestic marketing. Provides the knowledge and skills needed for the administration of the international marketing function. Introduce the international dimension of ethics and its complex issues.
Sharpen your managerial skills in addressing a practical international and operational business problem. Work on a real-world problem with a cross-border dimension. Select a client-sponsored project, define the problem, work with the client, and present findings. Expand your knowledge of a specific regional economy and business culture.
Understand the strategic thinking needed for successful management of global operations and how they can create a sustainable competitive advantage for organizations. Understand the key technological and management issues related to the successful management and coordination of global supply chains. Understand the viability of transferring supply chain operations to different market/operating environments.
This course provides a broad overview of the various roles managers play within the unique international contexts. It introduces you to comparisons of significant cross-cultural differences and helps you to become familiar with ways to effectively anticipate and address cultural differences toward organizational and individual success. A particular emphasis is placed on the unique challenges associated with managing people in an international environment ranging from the psychology of cross-cultural relationships to developing strategic HR policies to attract and retain a global workforce.
Gain a strategic understanding of geopolitical matters such as geography, natural resources, population, ethnicity, religion, and global finance. Understand how these issues shape international business and strategic decision making.