School of Business and Technology
International Business (M.A.)
Locations
International business courses are offered at the
following locations:
Continental United States
International
Program Description
The international business curriculum is designed to enable the student
to examine and understand the complexities and processes involved in
the international business community. Coursework provides exposure to
the historical, legal, political, and economic factors that are key elements
in a study of this subject. The dynamics of conducting business in an
international context are examined.
Program Learning Outcomes
1. Graduates possess foundation knowledge in the functional areas of
a global/international business.
2. Graduates can examine and understand the complexities of global/international
buildings.
a. Graduates can identify cultural aspects, and explain how culture
effects the business environment in global regions.
b. Graduates can apply administrative and managerial theories as they
relate to problem solving in the global business context.
c. Graduates can select appropriate tools for facilitation of international
trade.
3. Graduates select strategies and tools for solving complex problems
posed by managing global businesses, and understand the challenges thereof.
Program Curriculum
The 36 credit hours required for the master of arts (M.A.) in international
business or the 48 credit hours required for the master of business administration
(M.B.A.) with an emphasis in international business must include the
following courses for the degree:
- INTB 5000 International Business (Requisite Course)
- INTB 5600 International Accounting
- FINC 5840 International Finance
- INTB 5630 International Law and Business
- INTB 5710 Cross-Cultural Management
- MRKT 5980 International Marketing
- INTB 6000 Integrated Studies in International Business
In addition, the student chooses elective courses offered in this major
and/or from the program curricula of other majors. If the requisite course
is waived, the student must choose an elective course from this major
or from the program curriculum of another major. Students pursuing dual
majors who have the requisite course(s) waived will complete only the
remaining required courses for the dual majors.
Course Descriptions
INTB 5000 International Business (Requisite Course) (3)
The student is
introduced to the language and terminology of international business
and major international political and economic policies that affect modern
international businesses. Special attention is given to fundamental concepts
of international finance, accounting, law, management, and marketing.
INTB 5500 Professional Seminars (1-3)
Students participate in seminars
designed to examine contemporary issues in international business. The
professional seminar supplements the core and elective courses in the
area of international business by focusing on issues of current and special
interest. Course may be repeated for credit if content differs. Graduate
students may apply a maximum of 3 credit hours of these seminars as electives
to meet the credit-hour requirements for graduation. This course may
not be completed by directed study.
INTB 5600 International Accounting (3)
The student examines aspects of
accounting operations within a multinational corporate environment. Key
topics of analysis include foreign exchange exposure; translation of
foreign-denominated financial statements; consolidated financial statements;
transfer pricing; Foreign Corrupt Practices Act; and related tax and
regulatory issues. Comparison of United States and foreign practices
in areas such as financial standards and reporting, auditing, and performance
measurements is examined. Prerequisite: BUSN 5600 or its equivalent.
FINC 5840 International Finance (3)
Course content focuses on the environment
in which the international financial manager operates. Students study
the risks of doing business overseas and the tools available to minimize
those risks. Foreign exchange risk, political risk, working capital management,
long-term investments and financing, and accounting and control are examined
within this context. Prerequisites: BUSN 5600, FINC 5000, or equivalents.
INTB 5630 International Law and Business (3)
This course surveys trends
and practices that are part of the process of adjudication across national
boundaries. Students study the interrelationships among countries as
these affect individuals and business organizations attempting to operate
internationally. Course content focuses on transnational business activities.
INTB 5650 International Business Management (3)
Course content focuses
on the development of management skills related to multinational business.
Students examine the issues of operating in a foreign country or across
national boundaries and how management theory and practice in an international
setting differ from those in the United States.
INTB 5660 Global Competition and Strategies (3)
Students examine the
globalization process from basic export/import modes to global consortia,
and the operational and strategic requirements of businesses initiating
global operations. The economics of international trade and finance,
the relation of capital flows and commercial R&D
to economic and productivity growth, and the influence of company allocative
decisions on competitive performance are examined. Course content focuses
on strategic management of global operations and strategies associated
with the functions of organization, production, marketing, financial
management, human resources development, R&D, communication (EDI,
SQL), and control.
INTB 5710 Cross-Cultural Management (3)
The cultural, attitudinal, and
behavioral differences that affect international business are examined.
Course content focuses on the cultural differences between nations and
how these differences affect social organizations. The management of
multinational corporations from the perspective of environment, structure,
process, and interfirm and intrafirm relations is considered.
INTB 5720 International Trade and Finance (3)
Students examine the theories,
policies, and instruments (tariffs, quotas) of international trade and
consider trade integration. Course content focuses on international trade,
trade policy, the foreign exchange, and balance of payments in international
trade. Theories and policies of direct investment in foreign markets
are considered.
INTB 5730 Regional Economic and Geographic Perspectives (3)
Students
examine goals, performance criteria, and policy instruments within different
economic systems from the perspectives of growth, efficiency, and stability.
The increasing regionalization of markets through trading blocs is examined,
with particular focus on marketing in the post-1992 European community.
INTB 5890 Issues in International Business (3)
Current and significant
issues in international business are examined. Course content focuses
on existing theories and practices, with emphasis given to new and emerging
topics in the field. Course may be repeated for credit if content differs.
INTB 5910 European and United States Economic Thought (3)
The student
examines and compares European and United States economic thought in
the context of the transformation of Europe and the United States from
agrarian and commercial economies to modern industrial states.
INTB 5920 Japanese and United States Economic Thought (3)
Course content
focuses on the theories critical to Japan's emergence as an industrial
state and compares the history and development of contemporary economic
thought in Japan to that of the United States.
INTB 5930 Modern Europe: Economic, Political, and Business Development
(3)
The student studies demographic, technical, social, political, and
business changes in twentieth-century Europe, with a focus on the interrelationship
of these factors since 1945.
INTB 5940 Modern Asia: Economic, Political, and Business Development
(3)
Students examine the integration of economic, political, and business
decisions in the post-World War II Asian economy and the development
of the current Asian economy.
INTB 5950 Comparative Labor Movements: United States, European (3)
Course
content focuses on the major economic problems growing out of the employment
relationship and the approaches that United States and European industries
and unions have taken in resolving them.
INTB 5960 Economic Development of the Third World (3)
Students analyze
modern theories of development and development policy and the relationship
of these to the theories of location, trade, investment, and economic
planning in Third World countries.
INTB 5970 International Business Language and Culture (3)
Students study
the business language and culture of a country other than the United
States in order to facilitate business communication in that nation.
French, German, Spanish, or Japanese may be studied.
MRKT 5980 International Marketing (3)
Students are exposed to several
aspects of international marketing. This includes the international marketing
environment and the international marketing mix--product, pricing, distribution,
promotion--as well as emerging issues in international trade such as
trading blocs, trade barriers, and standardization/ adaptation. Prerequisite:
MRKT 5000 or permission of the instructor.
Capstone Course
INTB 6000 Integrated Studies in International Business (3)
The student
applies the principles learned from prior international business courses
to selected case studies and research, with practical solutions to typical
international business problems. Prerequisite: completion of all other
required courses in this major.
© 2007 Webster University This page last updated June 2007
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