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Student Toolbox
International Business Department at School of Business

Courses

Undergraduate courses (Overview)

Graduate courses (Overview)

Undergraduate courses (Detail)

INBS346 Introduction to International Business (3.00 credit hours)

Description: The course provides an introduction to the theory and practice ofinternational business. It acquaints students with the fundamental principlesof international business including such topics as globalization,international trade theories, the impact of culture, cross-nationalcooperation agreements, foreign exchange and capital markets, the strategy ofinternational business, country evaluation and selection, modes of foreignmarket entry, the organization of international business, and management ofinternational operations. Short case studies and/or research projects will beused to illustrate application of international business concepts andprinciples.

Prequisites: ECON101 and 102; or Business minors

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INBS347 Export/Import Marketing Process (3.00 credit hours)

Description: This course covers all aspects of the export/import function from a marketingprocess standpoint. Topics include: export/import policies -- national andinternational environment; government programs and incentives to promoteexports; tariff systems; choosing export markets and analyzing exports andimports; developing an export program; setting up an export organization;export/import financing; export/import documentation; export pricing;packaging, shipping, traffic and insurance.

Prequisites: INBS346, major within the School of Business

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INBS349 International Marketing (3.00 credit hours)

Description: This course reviews and compares the marketing efforts and specific strategieswhich firms employ in different cultural, political, economic, and legalenvironments. Students examine changing international markets, exploring howfirms need to quickly adapt to global competition. Issues to be examinedinclude global sourcing, internationl alliances, export regulation, regionaltrade areas, and the influence of multinational firms.

Prequisites: MKTG240 or INBS346, major within the School of Business

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INBS352 Economic Relations in Latin America (3.00 credit hours)

Description: In the context of global trade and investment initiatives, the course focuseson the motivation and gains from the operating regional trade agreements inthe Western Hemisphere. Critical analysis of the North American Free TradeAgreement (NAFTA), the Central American Common Market (CACM), the CaribbeanCommunity (CARICOM), the Andean Community (AC), and the Common Market of theSouth (MERCOSUR) receive special attention in this course. New initiatives inbilateral and multilateral trade agreements and their significance for globalintegration of Latin America are also highlighted in this course.

Prequisites: ECON101 and ECON102

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INBS356 International Management (3.00 credit hours)

Description: Managing organizations in foreign markets is much more complex than managingthem in the domestic market.

Prequisites: INBS346

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INBS370 World Trade and Investment (3.00 credit hours)

Description: A comprehensive overview of economic approaches to trade and investment in theglobal economy. The topics covered include trends in international trade andinvestment, causes and effect of trade and investment flows, multilateralinstitutions and world trading system, political economy of trade andinvestment policies, international payment accounts, multinational enterprisesand foreign direct investment exchange rate determination, and internationalpolicy coordination.

Prequisites: ECON101 and ECON102

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INBS380 Global Financial Environment (3.00 credit hours)

Description: Understanding how foreign exchange markets work and how that knowledge appliesto international investing and financing decisions. Determination of exchangerates and exchange rate risk. Linkages between foreign exchange rates,interest rates and inflation rates. Operations of spot and forward currencymarkets. Hedging, speculation and arbitrage strategies using currency.

Prequisites: FINC321

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INBS420 Globalization and World Development (3.00 credit hours)

Description: In-depth analysis of current issues faced by developing countries in acontinuously integrating world. Analyzes the effect of international tradeand international financial markets on a country's development path andchanges within. Highlights the role of industrialized nations andmultilateral institutions in world development.

Prequisites: INBS370 or INBS380 or FINC327 or ECON402

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INBS430 International Financial Markets and Investment (3.00 credit hours)

Description: This course focuses on the current developments and market structure of majorinternational financial markets such as Euro currency, global bond, Eurocredit and global equity markets as well as the risks and investmentopportunities faced by business operating in these markets.

Prequisites: INBS370 or INBS380 or FINC327 or ECON402

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INBS440 International Retailing (3.00 credit hours)

Description: A study of international retailing covering such areas as: (1) retailinstitutions modi operandi variations from country to country, (2) effects ofeconomic growth, cultural, legal-political and technological environment, (3)the West versus less developed countries in Asia, Africa, Latin America andthe emerging free Eastern Europe, (4) know-how of retailing: businessconcepts, operating policies, managerial dimensions, (5) foreign directinvestments in retailing.

Prequisites: INBS346

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INBS482 International Business Internship (3.00 credit hours)

Description: Enhances students' in-class education by providing an opportunity for thestudents to connect their knowledge in international business with practice inthe work place. Working with regional, national, or international profit ornon-profit organizations for an extended period of time, students get toobserve the international dimension of doing business abroad or at home.

Prequisites: Senior standing or departmental approval

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INBS484 Senior Seminar in International Business (3.00 credit hours)

Description: This capstone course integrates preceding international business courses andprovides an overview of principles and techniques associated with theformulation and implementation of international business strategies andpolicies. Topics covered include foundations of international businessstrategy, business-level strategy and corporate-level strategy. Other issuesaddressed include international regional strategies, world-wide competitors,managing industry competition, leveraging resources, and the impact oftechnology on international business strategy. Meets the University WritingRequirement for BAIB majors.

Prequisites: INBS347 or INBS349 or INBS336 and INBS370 or INBS380; senior standing

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Graduate courses (Detail)

INBS501 International Business: Concepts and Issues (3.00 credit hours)

Description: This course offers students an in-depth introduction to international businessconcepts and issues in addition to exposure to the fundamentals ofinternational business, students will become aware of the dynamics of globalbusiness environment, international competition in both the domestic andforeign markets as well as strategic issues in international businessmanagement and operations. The course adopts a critical approach; it presentsboth sides of an international business issue. Greater emphasis will beplaced on managerial implications of information presented in the course. Thecourse also includes discussion of ethics and social responsibility in theconduct of international business.

Prequisites: ECON501; MBA degree students only

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INBS511 Global Business Endeavors (3.00 credit hours)

Description: This course offers an in-depth analysis of critical components of globalbusiness management. It examines the challenges of the changing internationalcompetitive environment, as well as the political, economic, and legalinfluences on global corporate leadership. This course will help studentsoutline multinational business strategies, understand internationalizationprocess, and develop analytical skills necessary to succeed in dynamic globalbusiness activities. Cross listed with MGMT 511.

Prequisites: INBS501

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INBS520 Managing The Global Workforce (3.00 credit hours)

Description: The objective of this course is to increase knowledge about managing a globalworkforce. The course provides a framework for understanding how individual,group, and organization factors impact global businesses and how organizationsrespond to them. Some focus will be placed on understanding cross-culturalissues within this context. Practical application, case analysis andeffective management practices of international companies are emphasized. Cross listed with Management, MGMT 520.

Prequisites: MGMT505

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INBS530 Export Management (3.00 credit hours)

Description: To familiarize MBA students of export policies, programs and procedures anddevelop export/import management skills. The students will becomeknowledgeable about global sourcing, negotiation, pricing, export/importfinancing, documentation, international tenders and bidding, logistics anddistribution. Cross listed with Marketing, MKTG 530.

Prequisites: INBS501

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INBS533 Corporations and International Financial Markets (3.00 credit hours)

Description: Discusses the economic theories and problems which confront businessinstitutions when dealing in international financial markets. Analyzes thevarious market instruments and how a corporation may use them. Cross listedwith Economics and Finance, ECON 533 and FINC 533.

Prequisites: ECON501

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INBS540 International Accounting and Auditing (3.00 credit hours)

Description: This course deals with the measurement of operating results and financialposition of multinational corporations involving transactions with foreigncurrencies. It focuses on the system of foreign exchange markets and thetransaction gains or losses due to changes in foreign exchange rates. Itteaches the techniques of foreign currency translations. It concerns theforeign exchange risk management in hedging activities. The coursespecifically investigates the risk aversion tool of forward exchangecontracts. It also explores international accounting standards and accountingsystems in other countries and the current developments in the harmonizationprocess. Finally, the course will focus on the role of internal and externalauditing in the international context. Cross listed with Accounting, Law andTaxation, ACCT 540.

Prequisites: ACCT501 and ACCT502, MBA degree students only

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INBS550 International Business Study Abroad (3.00 credit hours)

Description: This course is designed to prepare students to succeed in the global businessenvironment by providing direct contact with foreign firms and governmentalagencies through an international travel experience. Students will have afocused encounter with managers and markets outside the US, enablingpractice of inter-cultural and inter-personal skills in foreign settings andthe consideration of alternative business norms. Examination of personnelpractices, financial/accounting, retail, promotional, and marketing situationswill enlarge perceptions of global business realities. Students willassimilate their travel encounters abroad through selected readings, cases,video tapes, and group discussions. May be repeated once for a maximum of 6.

Prequisites: INBS501 and departmental approval

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INBS552 International Financial Policy (3.00 credit hours)

Description: Analytically oriented introduction to the political, economic, operational andtax environment in which international business, particularly multinationalcorporations, functions. Stressing methods of analysis which enable defensivestrategies against risk; the course is comprised of five major units:political and country risk; foreign exchange risk; long-run investments andfinancing; working capital management; and control performance evaluation andtax planning. Cross listed with Economics and Finance, FINC 552.

Prequisites: FINC501

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INBS556 Doing Business in Asia (3.00 credit hours)

Description: This course provides an in-depth study of how Asia is changing the nature ofglobal competition among multinational corporations. It focuses on criticalcountry-specific issues related to doing business in Asian countries. Theseissues include cultural influence, strategic choices of foreign entry mode andtiming, comparative management, local competition analysis, and practices ofmultinational corporations in this region.

Prequisites: INBS501

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INBS575 Independent Study in International Business (3.00 credit hours)

Description: Under faculty guidance and supervision, this tutorial course is open tostudents who wish to pursue individual study and research in internationalbusiness. Written permission of the instructor, appropriate department chair,and the MBA director must be secured prior to enrolling in this course. Maybe repeated once for a maximum of 6.

Prequisites: Departmental approval; INBS501

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INBS577 Selected Topics in International Business (3.00 credit hours)

Description: An in-depth study of a selected topic, issue, problem or trend ininternational business. The specific subject matter is not offered as anexisting regular course or deserves more time-emphasis than is possible in aregular course. When offered, topics and prerequisites are announced in thecourse schedule book. May be repeated once for a maximum of 6. 0 credits.

Prequisites: Departmental approval; INBS501

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INBS592 International Marketing Management (3.00 credit hours)

Description: This course is designed to aid students to plan and implement internationalmarketing efforts in conjunction with global business strategy. The coursewill review processes of analyzing, developing, and implemeting strategicmarketing objectives within an international context that is now characterizedby global sourcing, international alliances, highly competitive markets,regional trade areas, and multinational firms with diminishing connection totheir country of origin. Students will practice analytic techniques throughresearch, readings, and case analyses, advancing their conceptualunderstanding of such issues as competitiveness, regional business clusters,and local sources of advantage. Students will learn to re-think assumptionsabout marketing mix factors as they apply in different cultural, political,economic, and legal environments. Cross listed with MKTG 592.

Prequisites: INBS501 or MKTG501

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INBS593 International Market Entry Strategies (3.00 credit hours)

Description: This course examines the concepts and tools for formulating and executinginternational market entry strategies that lead to sustainable presence in aforeign market. It presents an analytical framework that highlights criticalelements of an international market entry strategy and theirinterrelationships. The principal empahsis is on identifying and evalutingopportunities in foreign markets, selecting product candidates and targetmarkets, choosing the appropriate entry mode, and crafting an effectiveforeign market entry plan.

Prequisites: INBS501

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