Global Business Studies GLBL)

Assistant Professor Alfred R. Manduley,

Director of the Program

This program seeks to develop in the student a thorough and rigorous global perspective and understanding of the international environment and markets. Such understanding is essential for any American business person who competes domestically and in the international arena. This field is interdisciplinary in nature and includes studies in economics, finance, marketing, management and government. Students who are interested in pursuing careers in the international phase of business or government may pursue it only as a second major. Proficiency in a foreign language is strongly recommended.

Required Courses: MGMT 309, ECON 334, MKTG 412 and 6 credits from the following: ECON 421, FIN 436, GLBL 470, MKTG 414, GOVT 309-330-351-357. (No more than three elective credits may be taken from any one discipline).

MGMT 309. Management of International Business. The objective of this course is to develop an understanding of the management issues associated with the development, environment, operations and growth of multinational enterprises. The impacts of the various aspects of international business are examined from the perspectives of the firm and the investing and host countries. Prerequisite: MGMT 201. (Cr.3)

ECON 334. International Economics. A study of international trade and financial relationships. Topics covered include theory of international trade, public and private barriers to trade, commercial policy of the U.S., regional economic integration, foreign exchange market, balance of payments, disequilibrium and the adjustment process, international monetary systems, and economic development of the developing nations. Prerequisites: ECON 201, 202. (Cr.3)

MKTG 412. International Marketing. Selecting and entering global markets, as well as building and protecting market share are viewed in light of significant economic, cultural, and political-legal differences. Prerequisite: MKTG 201. (Cr.3)

Electives

ECON 421. The Japanese Economy. An interdisciplinary study of the important features of the Japanese economy including culture, management, economic organization, distinctive institutions and industrial policy; how these compare to the U.S., and how these have contributed to Japan’s economic success. The course also considers Japan’s evolving economic relationship with the U.S. and why Japan’s economic performance has deteriorated in recent years. Prerequisites: ECON 201, 202. (Cr.3)

FIN 436. Multinational Finance. An exploration and analysis of the behavior of multinational firms. Topics covered include the impact  and management of foreign exchange risk, nature and mechanics of the foreign exchange market, foreign project evaluation, direct and portfolio investments, accounting exposures, balance of payments and trade accounts, and the legal and political risks and constraints surrounding multinational corporations. Prerequisite: FIN 301, FIN 302. (Cr.3)

MKTG 414. International Field Study Seminar. A program designed to access the impact of the foreign environment on the international firm. Seminars will be conducted at home and abroad. Students will visit selected companies in a foreign country in January. (Participants are responsible for the cost of travel, lodging, meals and miscellaneous expenses.) Open to students approved by the instructor. (Cr.3)

GOVT 309. Comparative Politics. A survey of the institutions, processes and major problems of selected governments in contemporary states. The structures and ideologies of different regimes, the relationship of the individual to the state, and the adaptation of systems to changing conditions will be compared. (Cr.3)

GOVT 330. Government and Politics of Western Europe. A comparative analysis of political institutions and events in Britain, France, Germany, and other selected Western European Union states, and an examination of their increasing integration through the European union. (Cr.3)

GOVT 351. International Relations. Analysis of various factors underlying war, peace, diplomacy, economic policy and other means by which international actors conduct their relations with one another. (Cr.3)

GOVT 357. United States Foreign Policy. Ideology, decision-making processes, instruments and major issues of contemporary United States foreign policy. (Cr.3)

GLBL 470. International Business Tutorial/Independent Study. A program of supervised reading and research under the direction of a member of the Department. Topics and methods of research are to be developed in consultation with the supervising professor. Open to qualified students who meet the departmental requirements and have the approval of the Department Chair and the Dean. (Cr.3)