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International Business

The economic world has been revolutionized by the forces of globalization and firms of all sizes have led the way. The global market continues to integrate as barriers fall in the midst of successive crises reshaping global business models and its underlying operational environment. This multi-decade trend shows no signs of abating, and a clear understanding of the global economy and its drivers is vital to compete successfully in a constantly reconfigured world.

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.

Recommended Course

MGT 6185  International Business Environment (3 credit hours)
Understand the 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.

Two of the Following Courses
Note: Either MGT 6070 International Finance or MGT 6071 Multinational Financial Management, but not both, can be applied toward the international business concentration.

MGT 6030  International Accounting (3 credit hours)
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.

MGT 6070  International Finance (3 credit hours)
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.

MGT 6116  Gender, Race, and Ethnicity in Organizational Behavior (3 credit hours)
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.

MGT 6118  Cross-Cultural Management (3 credit hours)
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.

MGT 6197  Global Strategic Management (3 credit hours)
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.

MGT 6335  International Marketing (3 credit hours)
Provides the knowledge and skills required for successful administration of the international marketing function. Develops understanding of the fundamental similarities and differences between domestic and international marketing, as well as the key environmental factors affecting international marketing decisions. Introduces the international dimension of ethics and related issues.

MGT 6352  International Practicum (3 credit hours)
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.

MGT 6360  Global Operations and Supply Chain Strategy (3 credit hours)
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.

MBA concentrations and immersive tracks are optional. You have the flexibility to take electives in any combination of areas.