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INTERNATIONAL BUSINESS

Course Descriptions


All courses offered by the McGowan School of Business beyond the 200-level must be completed at King’s College in order for the awarding of the Bachelor of Science in Business Administration (B.S.B.A.) with major in International Business degree, or minor sequence in International Business, or for the fulfillment of any required course in any other degree or minor program offered through the William G. McGowan School of Business, unless permission is granted by the Department Chair in writing
prior to the start of any coursework.


FIN 378 — International Finance (3)
Focus on the international financial environment, the operation of the foreign exchange markets and currency-related derivative securities, and the international operations of the corporation. Topics include: international monetary agreements, the balance of payments, exchange-rate determination, management of foreign-exchange risk, and international capital budgeting. Prerequisite: MSB 320.


IB 241 — Introduction to International Business (3)*
The fundamentals of International Business. Topics range from international trade theory, through international organizations and monetary systems, through the uncontrollable forces influencing the management of international business organizations, and also the
management tools and strategies to deal with these forces so that productive and profitable operations result. The objective is to prepare the student for other specialized, more intensive courses in international business; or to non-majors, a broad spectrum to equip
them fully with fundamentals.

IB 356 — Economic Development and International Geography (3)
Issues in development-population, land usage, transportation, industrialization and natural resources, examined in various regions of the world. Particular consideration is given to the way in which a country’s geography affects its economic development. Prerequisites: CORE 153 or ECON 112.


IB 358 — International Economics (3)
The development of the theory of international specialization and trade, the question of free trade and protectionism, an analysis of foreign exchange rates and balance of payments with an appraisal of international financial institutions. Prerequisites: CORE 153
or ECON 112.


IB 360 — Comparative Economic Systems (3)
Analysis of the institutional structure of each type of economy, and the ways in which basic economic principles work through such structures to produce economic results. Prerequisites: CORE 153 or ECON 112.


IB 371 — International Politics (3)
Selected aspects of international politics at its three major levels of analysis: the international political system; the major actors in the system; the principal forms of interaction between actors in the system. Among topics are: the balance of power, collective security;
foreign policy decision making; environmental factors; diplomacy, bargaining and war; arms control; and the role of non-national actors like the multinational corporation and the United Nations. Case study illustrations will be utilized.


IB 372 — International Law (3)
A survey of the rules and behavior standards of international law based on custom, treaties, and national legal decisions. Topics include: the nature and sources of international law; the rights and duties of states; territorial questions and the law of the sea; jurisdiction over individuals; the law of international transactions; settlement of disputes; and the rules of war.


IB 450 — Management of Multinational Corporations (3)
Focus on political, economic, cultural, technological, legal, competitive and other forces bearing on multinational corporations in foreign environments and among those environments.
Case histories concerned with each of these forces are discussed, with emphasis on problem-solving using alternate courses of action developed by the student, using what was learned in all prior college courses, business and non-business. The course also
focuses on head office management of multiple foreign operations, emphasizing those controllable and uncontrollable factors requiring management attention. Prerequisites: IB 241 and MSB 200.


IB 491 — Special Topics in International Business (3)
Topics selected from contemporary International Business issues which may be offered from time to time to meet the need of the students. Prerequisites may be required based upon the content of the course.


IB 497 — Independent Study in International Business (3)
Advanced projects in a specialized area of International Business under the supervision of an International Business faculty member. Senior status required. Open to juniors with permission of department chairperson.

IB 499 — International Business Internship (3)
Internship opportunities can be arranged with advisement of the department chairperson. A minimum G.P.A. of 2.50 is required.


MKT 390 — International Marketing (3)
Introduction to multi-national marketing, with emphasis on: international competition; distribution systems; pricing and credit policies; promotional methods to include advertising; trade barriers; trade agreements; and the political, legal, cultural, ethical, and
technological backgrounds. Prerequisites: MSB 210.


*CORE 193 — Globalization can be substituted for IB 241.




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