International Business

Requirements

Students must complete 12.00 credits total, consisting of:

• 3.00 credits of Required Courses
• 9.00 credits of Elective Courses

Required Courses:

NOTE: Students are encouraged to only take one of these.

• ECON 6510 3.00 APPLIED INTERNATIONAL ECONOMICS
  This course examines international economics from the viewpoint of the firm and the nation. International trade in goods and services, inward and outward foreign investment, trade barriers, the World Trade Organization, the foreign exchange market, the impact of exchange rate changes and the international monetary system including the International Monetary Fund and the World Bank are among the topics discussed. Prerequisite: ECON 5100 3.0 Note: Not open to IMBA students.
• IBUS 6410 3.00 INTERNATIONAL BUSINESS - STRATEGIC OVERVIEW FOR MANAGERS
  This course examines issues and challenges that arise when business transactions and organizations transcend national boundaries and become international, regional or global. Entry strategies and adjustments to managerial functions are considered for multiple sectors/industries (e.g., manufacturing, services; autos, pharmaceuticals, advertising, hotels) and a variety of countries in the major regions of the world (Americas, Asia, Europe and Africa/Middle East). Prerequisites: All 5100-series Required Foundations of Management Core Courses or permission of the instructor NOTE: Not open to IMBA students.

Elective Courses:

• BSUS 6600 3.00 SUSTAINABILITY AND CARBON FINANCE
  This course introduces the problem of climate change and analyzes the new carbon markets and financial instruments being developed to provide incentives for companies to reduce their greenhouse gas emissions. In particular, the course emphasizes the drivers behind carbon finance, the current state of carbon finance, and the likely direction carbon finance is to take in the future. Pre-requisites: FINE 5200 and ECON 5100
• ECON 6180 3.00 MONEY CREDIT AND MACROECONOMIC POLICY
  This course examines the role of monetary institutions in national and global economies, and the impact of monetary policy on economic performance and overall business conditions. Topics discussed include: the determination of interest rates, inflation rates and exchange rates; financial innovation; the links between monetary policy and fiscal policy; global trends; and implications for business decision-making. Prerequisite: SB/ECON 5100.030
• ECON 6450 3.00 INNOVATION AND TECHNOLOGY DIFFUSION

  This course examines key economic and managerial issues related to the international movement of technology and the competition for technical and managerial know-how. It focuses on the impact of domestic and foreign research and development on the economic performance of firms and nations. Sources of innovation, rates and directions of technology diffusion and factors affecting the commercialization and profitability of innovations are discussed. The course examines the economics of alternative technology transfer arrangements, with particular emphasis on the role of intellectural property rights, multinational corporations and government science and technology policy.

  Prerequisite: SB/ECON 5100 3.00

• ENTR 6635 3.00 INTERNATIONAL ENTREPRENEURSHIP
  The main objective of this course is to provide the student with an understanding of the problems and challenges facing an entrepreneur in the process and operating a business that will span international borders. Prerequisites: All 5000-series Required Foundations of Management Core Courses
• FINE 6400 3.00 INTERNATIONAL FINANCIAL MANAGEMENT
  The most pervasive problems faced by international managers are those resulting from currency differences and currency risks. This course applies financial and economic theory to the international financing and investment decisions of corporations, financial institutions and individual investors. Reduction of risk through use of forward exchange markets and hedging will be examined. The various methods of moving liquid assets and their constraints will be considered. Capital budgeting decisions and issues regarding capital structure, where the assets and sources of financing are in different economies, are also studied. An extension of the Capital Asset Pricing Model to an integrated world model is considered. A term paper is usually required. Prerequisite for MBA students: SB/FINE 6100.030 (It is recommended that students take SB/ECON 6510.030 before commencing this course) Prerequisite for IMBA students: All 5100-series Required Foundations of Management Core Courses (SB/FINE 6100.030 is recommend
• IBUS 6430 3.00 INTERNATIONAL BUSINESS STRATEGY

  This course examines the development of the international enterprise (large and small) in the global economy, focusing on the evolving strategies and structures and the similarities and differences between American, European, Japanese and Canadian enterprises. The course identifies domestic and international environmental constraints and their influence on the operating performance of the enterprises in different countries, both developed and developing. The adaptation of basic managerial functions to these different environmental constraints is considered.

  Prerequisite: SB/SGMT 6000

• IBUS 6490 3.00 INTERNATIONAL NEGOTIATIONS - ANALYSIS, STRATEGY AND PRACTICE
  This course provides structured approaches to understanding, planning, and doing business negotiations in international contexts. Students apply their business knowledge in a series of interactive exercises and written assignments in order to develop analytic, strategic and practical negotiation skills. On two Saturdays, students conduct complex negotiation simulations (e.g., alliance formation, foreign market entry) and receive performance feedback from experienced negotiators. Prerequisites: All 5100-series Required Courses or permission of the instructor.
• MGMT 6400 3.00 INTERNATIONAL STUDY TOUR

  This course takes students from the classroom into the field where they can see how the theoretical study of business (as well as government policy and NGOs) translates into the practical. It is also designed to enhance students' understanding of management, organizations, government policy and economics by examining these phenomena in the context of countries very different from Canada.
  Prerequisites: All 5100-series Required Foundations of Management Courses

• MINE 6100 3.00 STRATEGY AND VALUE CREATION IN MINING

  This course provides an understanding of the challenges and opportunities of the global mining industry. Students evaluate and apply a strategy framework to mining companies which focuses on creating value for all stakeholders in a sustainable manner.

  Prerequisites - All 5000-series Required Foundations of Management Core Courses

• MKTG 6400 3.00 INTERNATIONAL MARKETING
  This course satisfies two interrelated objectives: to improve the student's marketing decision-making ability through the solution of complex multinational marketing problems; and to increase the student's sensitivity to different cultural, socio-economic and legal environments encountered in the international marketplace. The course uses readings, cases and a group project. Prerequisite: SB/MKTG 5200 3.00
• OMIS 6500 3.00 GLOBAL OPERATIONS AND INFORMATION MANAGEMENT
  Plant location, supplier selection and product and process development are no longer solely national issues. Hence, the first part of this course, we give an overview of global operations, including global supply chain management, network design for global operations and global entry strategies. This deals with how the use of information technology supports the management of global operations. Topics include value chain management, the concept of marketspace, business-to-business e-commerce, enterprise resource planning, and the effect of IT on R&D and collaboration, all in an international context. Prerequisites: SB/OMIS 5120 1.50 and SB/OMIS 5210 1.50, or permission of the instructor
• PROP 6300 3.00 PARTNERSHIP MODELS FOR INFRASTRUCTURE DELIVERY

  Infrastructure is an international business of increasing scope, complexity and scale that typically involves both the public and private sectors in various partnership arrangements. This course examines the many "moving parts" of this business and explores the various partnership models that are being employed to address a variety of social and economic infrastructure needs.

  MBA Prerequisites: All 5000-series Required Foundations of Management Core Courses

• PUBL 6150 3.00 COMPARATIVE PUBLIC POLICY

  Public Policy is a crucial factor in the business environment. This course examines public policy-making and its effects on business from a comparative and international perspective. It introduces major public policy concepts and applies them to key public policies that are of strategic interest to business. The course gives special attention to the increasingly important international and transnational dimension of policy-making in a global context.

  Prerequisites: All 5100-series Required Foundations of Management Core Courses

• SGMT 6700 3.00 STRATEGIC CAPABILITY DEVELOPMENT

  We bridge and extend SGMT 6000 and ORGS 5100, drawing on contemporary theory and practice to further develop the skills and knowledge needed for translating strategy into action. Strategic successes and challenges are viewed as opportunities for building and strengthening long-run dynamic strategic capabilities. Emphasis is placed on experiential and applied approaches.

  Prerequisite: ORGS 5100
  Co-requisite: SGMT 6000 or SGMT 5600

• SGMT 6720 3.00 MANAGING GLOBALLY - PAST, PRESENT, FUTURE
  Many of the challenges facing global companies today are not new and we can learn from the past to meet those challenges today and prepare for the future. This course explores the parallels between the issues multinationals face today and those they faced in the past. Based on historical and contemporary cases, you will get insights and practical tools to manage in the current global environment and develop the necessary skills to address future challenges.
• SGMT 6730 3.00 BUSINESS STRATEGIES IN CHINA
  Building on strategic management foundations, this course is an advanced strategy course which provides analytical framework for participants to develop specialized strategic perspectives for managing businesses pertinent to China. In particular, the course helps participants understand how Chinese firms behave and grow and why multinational corporations develop, adapt and adjust their strategies for the Chinese market (e.g., industry competitive analysis, market positioning and product development). Prerequisites: MBA - SGMT 6000 IMBA - INTL 6600

^{NOTE: Not all courses required to fulfill a specialization are offered each term. Course offerings are based on factors such as student demand and instructor availability. The office of Student Services & International Relations is available to provide advising on course sequencing and the fulfillment of program and specialization requirements within a student’s period of study. For current course offerings and details, please view the Schulich Course Offerings Database.}