Course Additions for International Business Majors
EMERGING MARKETINGS LATIN AMERICA (INTB-B493-01) - Spring Offering
Course Description:
This course is designed to provide a comprehensive and in-depth understanding of the economic, social, and political institutions and current business environment of the Latin America region. This course focuses primarily in the study of the unique characteristics that make of Latin America an important and relevant region of economic analysis. In particular, this course provides the necessary material to learn and study the possibilities and challenges related to developing a successful business opportunity in this region. In addition, students will be able to conduct an in-depth research project in a subject matter related to the reality of the way on how the economic and business environment operates in the Latin American region.
Furthermore, this course places a central role on the competing context of emerging markets (EMs) and the opportunities and challenges facing local as well as foreign companies that operate or may look at operating in the Latin American region, as well as firms seeking opportunities to actively penetrate the regional market. The course provides a conceptual overview of the Latin American region covering topics such as historical overview, export-led growth, import-substitution industrialization, debt crises, exchange rate and inflationary periods, as well as growth and development outlook, among other topics.
EMERGING MARKETING ASIA (INTB-B492-02) - Fall Offering
Course Description:
This course is designed to provide a comprehensive understanding of the economic, social, and political institutions and current business environment of the Asian region. It focuses primarily on the unique characteristics that make Asia an important region of economic analysis. In particular, this course provides the necessary background and strategies to explore the opportunities and challenges related to developing a business in this region. In addition, students will conduct an in-depth research project that focuses on how the economic and business environment operates in the Asian region.
Furthermore, this course places a central role on the competing context of emerging markets (EMs) and the opportunities and challenges faced by both local and multinational companies that operate or may look at operating in the region. The course provides a conceptual overview of the Asian region covering topics such as historical overview, export-led growth, exchange rate and inflationary periods, as well as growth and development outlook, among other topics.
INTERNATIONAL ENTREPRENEURSHIP - Spring and Fall Offering
Course Description:
An immersion into international entrepreneurship & product development through practical lessons that are applied to students’ group projects throughout the course. This practical course will provide the skills and resources to facilitate evidence-based entrepreneurship by developing products from a “need”-based design to chaperoning them through start-up hurdles and translating ideas into commercial ventures.
Students will graduate from this course with a practical understanding and experience in how to evaluate technologies along with their relevant markets and learn how to develop solutions as a basis for starting a new business. The primary focus is to address these topics from the perspective of an international business entrepreneurial experience.
The student-initiated course is a 16-week intensive undertaking, where teams of 3-4 students (each team member representing a different functional area - e.g., Technology, Operations, Clinical, Finance, Sales & Marketing, Quality/Regulatory) assess unmet clinical needs. From this list, the teams will conduct world-wide market/competitor/IP diligence, identify a technically feasible and commercially viable solution for an intended application, develop CAD or GUI prototype design(s) of that solution, create technology development, commercialization, and financing plans, culminating in a detailed investor presentation, financial models, executive summary, and business plan.
The goal is to provide students with practical experiences in conceptualizing commercial applications, and also provide important skills of how to lead and function within a team, reducing complex technology concepts to simple value propositions.
GLOBAL PRODUCTION NETWORKS - Fall Offering
Course Description:
This course is designed to provide a comprehensive understanding of the newer and evolving field of Global Production Networks (GPN). GPN currently account for about 80% of international trade, and represent a new form of economic structure and organization in an ever more complex global economy. The increased development of a more globalized economy, has led to a significant increase of trade in intermediate goods. GPN is defined (Coe & Young 2015) “as an organizational arrangement, comprising interconnected economic and non-economic actors, coordinated by a global lead firm, and producing goods or service across multiple geographical locations for worldwide markets.” Consequently, this course looks at studying a different perspective on economic globalization and global production networks, where location issues and formation of international clusters driven by geographical issues are at the center of the new paradigm of production organization. Furthermore, deepening spatial and deeper organizational fragmentation of production requires a new perspective in the organization of global business value creation. More specifically, in this course we will study the organization, dynamics, strategies and development of GPN as they relate to the development of further international business development.
INTERNATIONAL MANAGEMENT (INTB/MGT B315) - Fall Offering
Course Description:
This course focuses on the development of management thought and its applications to international
businesses and their environment. This course covers topics such as the role of country differences (culture,
diversity, political and economic systems), global trade and investment environments across countries, the
global monetary system, strategy and structure of international businesses and international business
operations. This course provides you with the opportunity to understand the differentiated nature of
conducting business in a global economy, and the main drivers and fundamentals in the international
economic setting. In addition, this course will provide you with the most relevant theories as they relate to
the understanding, development and successfully implementation of international business strategies,
while building on current events.
Course Prerequisites: MGT B245, Junior standing