Program Overview

This minor is highly suitable for students with majors in languages, liberal arts, and business and management fields who are interested in broadening their career opportunities. The program offers a solid background in the ways in which firms operate in the global economy. The courses taken will provide the basic knowledge and skills needed by managers in companies doing business internationally, and will enhance students' employment prospects with such companies by providing a structured program in International Business theory and practice.

Students who take this minor will be able to increase their knowledge of the global economy, and open up additional career prospects, by:

  • Understanding the theoretical principles and day-to-day practices of international business, and their implications for a firm's various domestic functions 
  • Understanding the political, technological, market and other competitive drivers that are pushing international firms to globalize their operations 
  • Understanding the U.S. position in world trade and the impact of international political and economic events on the country 
  • Recognizing the different management issues associated with a company's stage of development in its international market entry planning, evaluating international business management practices, and designing effective global business strategies 
  • Knowing the principles and processes of international business well enough to explore concepts of gender, ethnicity, ethics, and religion, and their relationships to intercultural business transactions 
  • Understanding the career tracks and opportunities in the industry 

More information about this program

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Requirements

Courses required for your specific program are listed in the right column on this page. They include prerequisite, foundation, core and elective courses. Contact your advisor with questions concerning your degree plan.

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Course List

Prerequisites

Prerequisite for non-College of Management Major Track: Students seeking a minor in International Business, but not pursuing a major in the College of Management, will take the following prerequisite course:

Prerequisites for College of Management Major Track: Students seeking a minor in International Business, and a major in the College of Management, must complete the following prerequisites before taking courses in the International Business minor: MATH 115 or equivalent, ECON 201 or equivalent, and Intermediate Writing.

  • ENTR 300 Interdisciplinary Business Skills and Knowledge for Non-Business Majors
    4 credits

    Interdisciplinary Business Knowledge and Skills for Non-Business Majors is designed to provide broad coverage of major business concepts in finance, marketing, accounting, and management and deep coverage of specific skills and knowledge needed as a foundation for applying that knowledge to opportunities in existing or new businesses. Students will learn how to research data within the Metropolitan State library databases to augment their knowledge and skills to evaluate opportunities and existing organizations. The students will be asked to enhance their analytical thinking by asking pertinent questions, determining relevant information, and systematically developing and applying the business processes to make decisions.

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Requirements ( 20 total credits)

International Business Core Courses (12 credits)

All Students seeking a minor in International Business will take the following courses:

  • IBUS 311 International Business Environment and Operations
    4 credits

    This course addresses the major features of the global business environment (economic, cultural, legal and political) and the international business theory and practice needed to operate and compete successfully in the global economy. Case studies focus on key decision areas in international management, marketing, purchasing, finance and production.

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  • IBUS 312 International Political Economy
    4 credits

    This course provides an overview of the geopolitical and historical frameworks that directly or indirectly affect day-to-day operations and management decision making of companies doing business in an increasingly global context. Topics include: perspectives on IPE theories; international trade, finance and monetary systems; global security issues; state-market tensions; the role of multinational corporations; the IPE of economics development and of resource accessibility; and selected global problems.

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  • IBUS 350 Legal Aspects of International Business
    4 credits

    This course is designed to introduce some of the principles, laws, and organizations impacting international business transactions. Its primary goal is to develop an appreciation for, and understanding of, the legal and ethical issues inherent in doing business across international borders.

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International Business Electives (4 credits)

  • ECON 314 International and Comparative Economics
    4 credits

    This course analyzes selected issues and problems in international trade and also studies how various countries approach basic economic policy questions. Topics include: the theory of comparative advantage, barriers to trade such as tariffs and quotas, exchange rates, balance of payments, organizations such as the International Monetary Fund and World Trade Organization, and an analysis of current issues in American trade policy. The course concludes with an analysis of the economic policies of major trading partners: Japan, China and the European Union with some attention to other capitalist and noncapitalist economies.

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  • MKTG 480 International Marketing
    4 credits

    This course introduces students to the concepts and disciplines of international marketing. Students develop an understanding of the international environment and its impact on marketing. Topics include: social and cultural influences, political, legal and financial considerations, exporting and importing; organizational alternatives, information sources, market-entry strategies, pricing and distribution, sales and communications practices, counter trade, and other current international marketing issues. Major geographic marketing areas are discussed.

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International Business Capstone (4 credits)

  • IBUS 490 Doing Business Internationally
    4 credits

    This course will bring together the full range of factors influencing companies doing business across borders that were covered in the required IBUS 311, IBUS 312 and IBUS 350 courses - globalization, political economies, culture, ethics, legal systems, trade, investment, currency issues, market entry, production, logistics and marketing - and apply them to management decision-making in national and regional operating environments around the world. The syllabus may be modified at short notice to accommodate current world events impacting the international business environment.

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