International Business Major B.S.
The international business program responds to the increasing interactions of American companies with worldwide marketing, purchasing, financial dealings and other business activities. Larger U.S. companies have historically had a presence or strategic relationship in other countries, and this is becoming increasingly true of small and medium-sized companies. Also, many types of intermediaries have emerged to find markets and/or suppliers around the world for U.S. companies of all sizes and in almost every industry.
Virtually every business organization should at least explore the possibilities of developing relationships with companies in other countries, either directly or through intermediaries. The global economy is too interdependent and too competitive for any domestic business to ignore the international marketing, sourcing and investing possibilities.
The international business program offers three required courses that help students understand the different political and economic environments that affect the ways in which business is conducted in other countries. Building on these foundation courses are more specialized courses focusing on marketing, sourcing and investment pportunities in overseas business. Finally, there are practically-oriented "Doing Business in . . ." courses that apply what has been learned in core and elective courses to selected nations or world regions in the design of strategies for the achievement of business objectives.
For the highly focused individual, independent studies may be designed and internships may be made available.
Requirements
The international business program consists of six parts:
- General Education/Liberal Studies
- COM Foundation Courses
- MIS 100 Fundamentals of Information Technology in Organizations
- MATH 115 College Algebra
- STAT 201 Statistics I
- ECON 201 Macroeconomics
- ECON 202 Microeconomics
- ACCT 210 Financial Accounting
- Business Core Courses
- MKTG 300 Marketing Principles
- MGMT 310 Management Principles and Practices
- MIS 310 Principles of Management Information Systems
- FIN 390 Principles of Finance
- DSCI 434 Introduction to Operations Management
- MGMT 499 Case Studies in Strategic Management
- International Business Required Courses
- ECON 314 International and Comparative Economics
NOTE: The following two courses have these prerequisites: MATH 115, ECON 201, ECON 202, IBUS 312 and Intermediate Writing)
- IBUS 311 International Business Environment and Operations
- IBUS 312 International Political Economy
- International Business Electives (16 credits, of which four credits must be from * courses listed below.)
- IBUS 450 Legal Aspects of International Business
- MKTG 455 Supply Chain Management
- MKTG 480 International Marketing
- FIN 550 International Financial Management
- HRM 585 International Human Resource Management
* Choose one of the following
- *IBUS 491 Doing Business in China, Hong Kong, Taiwan
- *IBUS 492 Doing Business in Japan, South Korea, S and SE Asia
- *IBUS 493 Doing Business in Europe
- *IBUS 495 Doing Business in Latin America
- Unrestricted electives as needed to total a minimum of 124 credits.
Many College of Management courses are sequenced and build on previous learning. Students must complete course prerequisites before registering for a course which requires prerequisites. In addition, students must complete 30 credits of coursework before they can register for College of Management upper division courses (those numbered 300 and above). MGMT 499 Case Studies in Strategic Management is a capstone class which should be taken near the end of a student’s program.
Transfer of Credit
Transfer course evaluation is made by the faculty in the College of Management. Students may be granted credit for courses of similar content and level (such as lower or upper division) taken at regionally accredited colleges and universities. Students cannot meet major required or elective course requirements with lower-division courses. In addition, courses being transferred into the accounting, economics and management information systems areas must meet respective sunsetting policy requirements. Sunsetting policies specify the acceptable time between when a course is taken and when the course is evaluated to meet a major requirement. If a course is not accepted because too much time has elapsed since the course was completed, a student may demonstrate competence in some courses via exam. Currently, waiver exams are available for Financial Accounting, Strategic Management Accounting, Macroeconomics, Microeconomics and Fundamentals of Information Technology in Organizations.
Credit and Residency Requirements
Students in each of the College of Management bachelor of science major programs must complete a minimum of 20 credit hours of their major requirements and/or major electives at Metropolitan State University. In addition, students must complete at least 30 credits at Metropolitan State University in order to graduate.
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