International Business Concentration

The International Business concentration provides the background, knowledge and skills important in doing business across national boundaries.  The rapid integration of economies of the world and the globalization of businesses represent major challenges to the leaders in tomorrow's business world.  MBA graduates who understand the issues, problems and opportunities inherent in an international environment will have a major advantage in their ability to function and succeed in the global business arena.  The concentration also provides an understanding of the cultural and business issues associated with that environment. 

This 3-course concentration includes one required course (ECO 6705 OR FIN 6605) and two electives.  There is no sequence in which these courses have to be taken.  

1.    ECO 6705    International Economic Issues    REQUIRED or FIN 6605

This course is an analysis of international economic relationships and institutions and the effects of changing economic conditions and policy on the climate for international business and investment.   

Prerequisites:   MBA Essentials Economics module; or Principles of Microeconomics and Principles of Macroeconomics.

2. FIN 6605 International Financial Management REQUIRED or ECO 6705

This course provides for the development of a strong foundation in international financial management, including: the financial environment; foreign exchange markets; foreign exchange risk and decision-making models; operating, transaction and accounting exposures; worldwide sales; process of internationalization; foreign trade zones; various swaps and decision-making models; and direct foreign investments and swap arrangements.  

Prerequisite:   MBA Essentials Finance module ; or FIN 6406  Financial Management

3.   MAN 6607    Managing International Cultural Differences  

This course examines functions, activities, and interpersonal skills required of managers in multinational, multicultural organizations with specific attention given to selected regions of the world.  Focuses on how existence of different cultures affects management behavior and builds interpersonal skills to accommodate success. 

 4.  MAR 6158  International Marketing Management

This course is a study of marketing management activities from the perspective of firms doing business across national boundaries.  Emphasis is upon aspects of marketing that are unique to international business and problem solving within an international context. 

Prerequisite:   MBA Essentials Marketing module; or MAR 6815 Marketing Management