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International Business Minor

College of Business and Management / Marketing, Supply Chain Operations Management, and International Business
Undergraduate minor

About The Program

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.

How to enroll

Current students: Declare this program

Once you’re admitted as an undergraduate student and have met any further admission requirements your chosen program may have, you may declare a major or declare an optional minor.

Future students: Apply now

Apply to Metropolitan State: Start the journey toward your International Business Minor now. Learn about the steps to enroll or, if you have questions about what Metropolitan State can offer you, request information, visit campus or chat with an admissions counselor.

Get started on your International Business Minor

Program eligibility requirements

Students must earn a grade of S or C- or above in courses to be used to meet prerequisites.

Courses and Requirements

SKIP TO COURSE REQUIREMENTS

At least 16 credits from among the Minor Required Courses, Minor Elective and Minor Capstone must be completed at Metropolitan State. See also the CBM Policies page for requirements that are common to all programs.

Prerequisites

+ Non - College of Business and Management majors

Students seeking a minor in International Business, but not pursuing a major in the College of Business and Management, will take this prerequisite course.

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.

Full course description for Introduction to Entrepreneurship and Business for Non-Business Majors

+ College of Business and Management majors

Students seeking a minor in International Business, and a major in the College of Business and 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.

Requirements (20 credits)

+ Core (12 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.

Full course description for International Political Economy

+ Electives (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 non-capitalist economies.

Full course description for International and Comparative Economics

Financial crises, either that we are currently in one or about to be in one or some other country is in one, are all the rage in popular media today. More often than not financial crises are the result of bubbles in certain assets classes or can be linked to a specific form of financial innovation. This course will explore theoretical and policy perspective of modern global financial crises in the world. We will review the conflicting evidence about the extent of the harm caused by financial collapses. This course will also provide the students with a good economic and behavioral understanding on the effects of financial crises on the US and global economy. The primary goal of this class is to educate the students to understand the causes of past crises in an economic point of view and to develop a conceptual and policy framework in minimizing the risks of future crises and helping students make informed decisions.

Full course description for Global Economic and Financial Crises: Theory and Policy

This course is an introduction to the international dimensions of corporate financing, investment, and risk management decisions. Topics include foreign exchange markets, international financial systems, foreign exchange rate determination, currency risk, spot and forward rates, hedging, international monetary and trade flows, multinational capital budgeting, and cost of capital in emerging economies. Overlap: IBUS 550 International Financial Management.

Full course description for International Finance

This course covers the current issues, policies and practices of international human resource management within a typical U.S. multinational corporation. It addresses staffing, compensation, benefits, training and development, and labor and employee relations as they relate to Foreign Service employees and local national employees in subsidiary operations. Each student completes a special project related to human resource practices in another country. This course is recommended for general management and business administration students in addition to human resource management professionals.

Full course description for International Human Resource Management

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.

Full course description for International Marketing

+ Capstone (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.

Full course description for Doing Business Internationally