About the Program
Students completing the international business major learn business, trade, cultural, international affairs, and language skills to become successful leaders in the competitive global market place. The world of business is changing as national economies are merging into an interdependent and global economic system and more firms, large and small, are becoming international business.
Managing an international business is different from managing a domestic business. The International Business major includes a broad range of courses that provide students with a strong foundation of knowledge and skills to deal with the complexities that arise from doing business in different countries. International business students learn how to decide where in the world to site production activities to minimize costs and to maximize value added; whether it is ethical to adhere to the different labor and environment standards found in many nations. When it is more appropriate to export, license the production to a foreign company, create a joint venture, or to set a wholly owned subsidiary to serve a foreign market. Students learn the rules governing international trade and investment systems and how to develop strategies to deal with various government interventions regarding international trade and foreign investment. They also learn how to access and manage risks associated with converting money into other currencies.
Students who complete the international business major will:
Think globally about employment, production, sales, and investment opportunities
Demonstrate the ability to apply techniques and theories from major areas of business to global enterprises with international business operations
Demonstrate the ability to articulate the current global trade and investment environment and its links to the political economy and the global monetary system.
Demonstrate the ability to communicate and work effectively with people in other countries and cultures
Demonstrate the ability to formulate an international business plan evaluating market opportunities, political, economic, and cultural differences, issues related to transportation, pricing, payments, government policy, product regulations, and other aspects of international business.
Be models of cross-cultural awareness through teaching, scholarship, and community outreach, with special emphasis on culture, ethics, and business practices and protocols in different countries.