Tuesday, October 1, 2013

International Business Management - A Global Education

There is no way for a business to survive, much less thrive, today if International Business Management isn’t at the forefront. That’s why foreign investment and risk analysts, foreign trade consultants, commercial bank officers, international marketing representatives and international development assistants are so in demand. Centennial College’s International Business Management program trains students for these careers in a three-semester study period geared towards mature learners.

Because this International Business Management is so fast-paced, applicants must have completed a college diploma or university degree in any discipline. The offering will also consider applicants with partial post-secondary and relevant work experience (transcript and resume review is required). Lastly, as far as admission requirements are concerned, students may be required to show proof of English proficiency.

All three semesters of this International Business Management program contain a mixture of foundational and specialized, industry-valued courses. Additionally, all of the classes employ case studies, simulations and project-based learning, with the intention of helping students to enhance project management, teamwork, report writing and communication and presentation skills round. The use of computer and Internet technology in performing international business functions is also included.

Here is a look at some of the International Business Management’s essential courses.
Comparative Geopolitical Systems: This class explores world systems and how global and regional systems have changed and been changed by relationships between people and places. It provides students with an organized study of historical, geographical, social and cultural factors in world regions.

Global Business Strategy: This International Business Management course addresses professional cross-cultural negotiation and strategy formulation. The increasing globalization of industries has seen an increase in strategic alliances, hence intercultural negotiations. Meanwhile, strategy formulation is emphasized via a strong conceptual foundation outlining the steps involved in successful international business planning to developing an analytical decision-making framework and finally getting a hands-on experience in making decisions in cross functional teams.
International Banking and Finance: Students get an overview of international money markets, the elements of risk management, the role of financial institutions and a case study approach as to why companies merge or interest rates fluctuate and why stock markets fluctuate.

International Business Law: In this International Business Management course, students obtain a base in the legal aspects of global trade, with a focus on both public and private international law. Public international law includes international organizations, such as the WTO, and its corresponding agreements. Private international law, applicable to international business activity, such as the law of international sales, is analyzed and a case study method utilized. Students also gain insight into the basis for government regulation of international business, as well as the role of politics and economics in it.

International Entrepreneurship: This intensive hands-on practical course provides International Business Management students with the basic, practical procedures and tools that are required when strategically planning to enter international markets. Emphasis is on entrepreneurial activities, including sourcing, purchasing from Canadian sources and placing products in strategic international markets.

International Business Management In Toronto grads may enter the industry or pursue further knowledge via one of the offering’s university partners, which include: Centenary College, University of Western Sydney and Griffith University.
Jason, in his article about the International Business Management program, includes information about particular courses. 

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