International Business (IB)

IB 105. International Business Environment.3 Credits.

This course provides an introduction to the worldwide business environment in which we live and work. The course reviews the cultural, social, political, geographical and economic factors that shape economic institutions and activities in the U.S. and other countries. Global business interactions also are studied. This course is geared primarily toward non-business majors.

Offered: Every year, Fall and Spring

IB 201. Globalization and International Business.3 Credits.

This course introduces students to issues concerning globalization and international business. Students examine the critical role of international trade and investment as well as the impact of multinational corporations on the globalization process. The challenges and opportunities of international business are covered in detail. Global issues such as poverty, economic development and education, and the formulation of sustainable, environmentally-friendly development strategies are addressed. Insights are drawn from social sciences disciplines such as economics, political science, sociology and cultural geography

Prerequisites: Take QU 101 or FYS 101.
Offered: Every year, All

IB 201H. Honors International Business.3 Credits.

This course advances students' understanding of international business interactions and the global marketplace. Topics include: theories of international trade; theories of foreign direct investment and multinational corporations; globalization and the nature of international business; international organizations, international monetary systems and global financial market; foreign business environments; and management of international business opportunities and operations. The insights are drawn from economics, political science, psychology and other sources.

IB 300. Special Topics in International Business.3 Credits.

Prerequisites: Take IB 201.
Offered: As needed

IB 311. International Marketing.3 Credits.

The course discusses various environmental components of international marketing that affect business. Students also learn about the four P's of marketing (product, price, place and promotion) in a global context. Additional topics include regional integration and emerging markets. The course is intended to provide students with an understanding of global marketing strategies and research methods that are crucial for success in today's globalized world.

Prerequisites: Take IB 201.
Offered: Every year, Spring

IB 313. International Marketing Research.3 Credits.

Students learn to understand and satisfy marketing managers' information needs: demand potential, competition, regulations and accepted procedures in relevant business/geographic areas. Research design, quantitative and qualitative data collection, questionnaire design, data analysis, implications of results and written/oral reports are included. This methodological course assumes basic understanding of marketing in a global environment. MA 107 prerequisite waived with Math Placement score of 4.0 or higher.

Prerequisites: Take IB 201; and EC 271 or MA 206 or MA 275.
Offered: Every year, Fall

IB 320. Introduction to Global Entrepreneurship.3 Credits.

This course introduces students to the major topics in global entrepreneurship, including: 1) the critical roles of national governments, multilateral institutions and international agreements in shaping the rules and conditions that shaped global opportunities and challenges; 2) the role of international entrepreneurship in this complex global environment; and 3) issues concerning how to identify opportunities, build a start-up, manage its growth and resources in a global environment. The course introduces some important skills, such as country risk analysis, business model building and valuation of an international business opportunity. The course is taught by lecture, case analysis and experiential projects.

Prerequisites: Take IB 201.
Offered: Every year, Spring

IB 324. Negotiating Internationally.3 Credits.

The course focuses on analyzing the international context of different dimensions of negotiations and related topics, such as communication, conflict, conflict resolution, group, power, influence, persuasion and mediation. Special emphasis is placed on understanding how culture influences the processes as well as styles of negotiation behavior of different nationalities.

Prerequisites: Take IB 201 or LE 225 or LE 370.
Offered: Every year, Fall

IB 335. International Finance.3 Credits.

This course focuses on the financial management of multinational corporations. It includes topics of the global financial market, foreign exchange risk management, financing decisions, investment decisions and funds remittance/transfer decisions when firms operate in a competitive global economy and face currency risks, political and regulatory risks.

Prerequisites: Take IB 201 FIN 201.
Offered: Every year, Fall and Spring

IB 345. Global Supply Chain.3 Credits.

This course covers issues related to the global procurement decision-making process from multiple perspectives, including strategy, tactical and operational. Topics may include, but are not limited to: order processing, quality control, value analysis, warehousing, inventory control, reverse logistics, green supply chain, offshoring and outsourcing, and international transportation, financing, risk, customs and incoterms.

Prerequisites: Take IB 201.
Offered: Every year, Spring

IB 352. International Management.3 Credits.

This course addresses the theory and practice of strategic management and organizational behavior in a global environment with a specific emphasis on international human resource management. The understanding of cultural differences is a major emphasis of this course. The course also addresses cross-cultural communication, selection and management of expatriates, and global leadership skills. In addition, this course introduces the students to the reading and interpreting of international management research articles and highlights some of the special challenges related to conducting and interpreting cross-cultural research.

Prerequisites: Take IB 105 or IB 201.
Offered: Every year, Fall

IB 355. Advanced Topics in International Financial Management.3 Credits.

This course focuses on country risk analysis and management, multinational capital budgeting, multinational capital restructuring (such as acquisition and disinvestment), multinational cost of capital, capital structure, long-term financing, short-term asset/liability/cash management, tax planning and the impacts of foreign direct investment on the host country's economic development. The course is taught using cases and experiential projects.

Prerequisites: Take IB 335 or FIN 335.
Offered: As needed

IB 362. Cross-Cultural Business Research Part 1.3 Credits.

This is the first of a two-part sequence (the second being IB 363). This course can be taken online as a part of a study abroad semester program or as a traditional on-campus course. The objective of the IB 362-IB 363 series is to produce an academic research paper addressing a cross-cultural/international business issue. Due to the high intensity of interaction with the instructor, these courses allow limited enrollment and require an instructor interview and permission to register. IB 352 is recommended as a prerequisite.

Prerequisites: Take IB 201.
Offered: As needed

IB 363. Cross-Cultural Business Research Part 2.3 Credits.

This course is the second of a two-part sequence. Building directly on IB 362, this course aims to complete an academic research paper that could be submitted to an international academic research conference if the student decides to do so. Working closely with the instructor, the students complete appropriate statistical analyses of the data collected and write the results section of the paper as well as a discussion section interpreting these results.

Prerequisites: Take IB 362.
Offered: As needed

IB 399. International Business Independent Study.1-6 Credits.

Offered: As needed

IB 401. International Strategy and Business Plan.3 Credits.

This course allows students to integrate the knowledge they acquired in the IB core courses into a comprehensive country market-entry project. This includes country assessment, marketing, finance and management dimensions, and sensitivity analysis of the impact of a current event on the recommendations. Participants also discuss how the firm's global strategy affects its operations. This course compels students to think beyond the confines of the home country and to consider the ramifications of offering their product/service in a host country.

Prerequisites: Take IB 313 IB 335 IB 352.
Offered: Every year, Spring

IB 488. International Business Internship.3 Credits.

This internship in international business must be approved by the department chair and the dean in accordance with school regulations. This course is graded on a pass/fail basis.

Prerequisites: Take IB 201.
Offered: Every year, All