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International Business Department at School of Business

Courses

Undergraduate courses (Overview)

Graduate courses (Overview)

Undergraduate courses (Detail)

INBS346 Introduction to International Business (3.0 credit hours)

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

Prequisites: ECON101 and 102; or ECON302 (Business Minors)

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INBS347 Export/Import Marketing Process (3.0 credit hours)

Description: This course covers all aspects of the export/import function from a marketing process standpoint. Topics include: export/import policies -- national and international environment; government programs and incentives to promote exports; tariff systems; choosing export markets and analyzing exports and imports; 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 (3.0 credit hours)

Description: This course reviews and compares the marketing efforts and specific strategies which firms employ in different cultural, political, economic, and legal environments. Students examine changing international markets, exploring how firms need to quickly adapt to global competition. Issues to be examined include global sourcing, international alliances, export regulation, regional trade areas, and the influence of multinational firms.

Prequisites: MKTG240 or INBS346

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INBS352 Economic Relations in Latin America (3.0 credit hours)

Description: In the context of global trade and investment initiatives, the course focuses on the motivation and gains from the operating regional trade agreements in the Western Hemisphere. Critical analysis of the North American Free Trade Agreement (NAFTA), the Central American Common Market (CACM), the Caribbean Community (CARICOM), the Andean Community (AC), and the Common Market of the South (MERCOSUR) receive special attention in this course. New initiatives in bilateral and multilateral trade agreements and their significance for global integration of Latin America are also highlighted in this course.

Prequisites: INBS346 or LALS201

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INBS356 International Management (3.0 credit hours)

Description: Managing organizations in foreign markets is much more complex than managing them in the domestic market. This course emphasizes international/cross-cultural management, including the impact of the foreign country's culture, legal system, government, economics, technology, and political system on entry strategies, organizational structures, leadership styles, motivation techniques, human resources management, and controls.

Prequisites: INBS346

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INBS358 Finance in Latin America (3.0 credit hours)

Description: The perspective is that of the financial manager, responsible for real investments in the Latin America economies as well as investment managers, responsible for investment portfolios in the markets of these economies. This course also discusses several outstanding problems of Latin America economies including foreign exchange risk, political risk, and country risk.

Prequisites: ECON101 and ECON102; or ECON302 (Business Minors)

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INBS370 World Trade and Investment (3.0 credit hours)

Description: A comprehensive overview of economic approaches to trade and investment in the global economy. The topics covered include trends in international trade and investment, causes and effect of trade and investment flows, multilateral institutions and world trading system, political economy of trade and investment policies, international payment accounts, multinational enterprises and foreign direct investment exchange rate determination, and international policy coordination.

Prequisites: ECON101 and ECON102

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INBS380 Global Financial Environment (3.0 credit hours)

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

Prequisites: INBS346

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INBS420 Globalization and World Development (3.0 credit hours)

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

Prequisites: INBS370 or INBS380 or FINC327 or ECON402

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INBS430 International Financial Markets and Investment (3.0 credit hours)

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

Prequisites: INBS370 or INBS380 or FINC327 or ECON402

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INBS440 International Retailing (3.0 credit hours)

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

Prequisites: INBS346

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INBS482 International Business Internship (3.0 credit hours)

Description: Enhances students' in-class education by providing an opportunity for the students to connect their knowledge in international business with practice in the work place. Working with regional, national, or international profit or non-profit organizations for an extended period of time, students get to observe 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 (3.0 credit hours)

Description: This capstone course integrates preceding international business courses and provides an overview of principles and techniques associated with the formulation and implementation of international business strategies and policies. Topics covered include foundations of international business strategy, business-level strategy and corporate-level strategy. Other issues addressed include international regional strategies, world-wide competitors,managing industry competition, leveraging resources, and the impact of technology on international business strategy. Meets the University Writing Requirement for BAIB majors.

Prequisites: INBS347 or INBS349 or INBS356 and INBS370 or INBS380; senior standing

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Graduate courses (Detail)

INBS501 International Business: Concepts and Issues (3.0 credit hours)

Description: This course offers students an in-depth introduction to international business concepts and issues in addition to exposure to the fundamentals of international business, students will become aware of the dynamics of global business environment, international competition in both the domestic and foreign markets as well as strategic issues in international business management and operations. The course adopts a critical approach; it presents both sides of an international business issue. Greater emphasis will be placed on managerial implications of information presented in the course. The course also includes discussion of ethics and social responsibility in the conduct of international business.

Prequisites: ECON501; MBA degree students only

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INBS511 Global Business Endeavors (3.0 credit hours)

Description: This course offers an in-depth analysis of critical components of global business management. It examines the challenges of the changing international competitive environment, as well as the political, economic, and legal influences on global corporate leadership. This course will help students outline multinational business strategies, understand internationalization process, and develop analytical skills necessary to succeed in dynamic global business activities. Cross listed with MGMT 511.

Prequisites: INBS501

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INBS520 Managing The Global Workforce (3.0 credit hours)

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

Prequisites: MGMT505

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INBS530 Export Management (3.0 credit hours)

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

Prequisites: INBS501

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INBS533 Corporations and International Financial Markets (3.0 credit hours)

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

Prequisites: ECON501

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INBS540 International Accounting and Auditing (3.0 credit hours)

Description: This course deals with the measurement of operating results and financial position of multinational corporations involving transactions with foreign currencies. It focuses on the system of foreign exchange markets and the transaction gains or losses due to changes in foreign exchange rates. It teaches the techniques of foreign currency translations. It concerns the foreign exchange risk management in hedging activities. The course specifically investigates the risk aversion tool of forward exchange contracts. It also explores international accounting standards and accounting systems in other countries and the current developments in the harmonization process. Finally, the course will focus on the role of internal and external auditing in the international context. Cross listed with Accounting, Law and Taxation, ACCT 540.

Prequisites: ACCT501 and ACCT502, MBA degree students only

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INBS550 International Business Study Abroad (3.0 credit hours)

Description: This course is designed to prepare students to succeed in the global business environment by providing direct contact with foreign firms and governmental agencies through an international travel experience. Students will have a focused encounter with managers and markets outside the US, enabling practice of inter-cultural and inter-personal skills in foreign settings and the consideration of alternative business norms. Examination of personnel practices, financial/accounting, retail, promotional, and marketing situations will enlarge perceptions of global business realities. Students will assimilate 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 (3.0 credit hours)

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

Prequisites: FINC501

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INBS556 Doing Business in Asia (3.0 credit hours)

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

Prequisites: INBS501

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INBS558 Cross-Boarder Mergers and Acquisitions (M&As) (3 credit hours)

Description: This course examines the trends, the determinants, and the performance of cross-border M&As. It proceeds to explore the impact on economic development of Foreign Direct Investments (FDI) through cross-border M&As as opposed to Greenfield investments, a competing foreign market entry mode. Finally, this course addresses the question of corporate strategy formulation to optimize net benefits of cross-border M&As.

Prequisites: INBS501

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INBS560 Multinationals and Emerging Markets (3 credit hours)

Description: This course is designed to provide a theoretical framework coupled with a “hands-on” approach to identify opportunities, risks, challenges and strategies for doing business in emerging market economies. The perspective is that of the management of a Multinational Corporation (MNC), responsible for international business activities in emerging markets such as direct investments and/or financial investments. The topics covered include a background on emerging markets, their economic potential, risks and challenges specific to these markets, and the strategies for doing business in such environments.

Prequisites: INBS501

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INBS575 Independent Study in International Business (3.0 credit hours)

Description: Under faculty guidance and supervision, this tutorial course is open to students who wish to pursue individual study and research in international business. 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 (3.0 credit hours)

Description: This course is designed to aid students to plan and implement international marketing efforts in conjunction with global business strategy. The course will review processes of analyzing, developing, and implementing strategic marketing objectives within an international context that is now characterized by global sourcing, international alliances, highly competitive markets,regional trade areas, and multinational firms with diminishing connection to their country of origin. Students will practice analytic techniques through research, readings, and case analyses, advancing their conceptual understanding of such issues as competitiveness, regional business clusters,and local sources of advantage. Students will learn to re-think assumptions about 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 (3.0 credit hours)

Description: This course examines the concepts and tools for formulating and executing international market entry strategies that lead to sustainable presence in a foreign market. It presents an analytical framework that highlights critical elements of an international market entry strategy and their interrelationships. The principal emphasis is on identifying and evaluating opportunities in foreign markets, selecting product candidates and target markets, choosing the appropriate entry mode, and crafting an effective foreign market entry plan.

Prequisites: INBS501

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