INTERNATIONAL BUSINESS MANAGEMENT
Program Outline
Major: BINT
Length: 1 Year
Delivery: 3 Semesters
Credential: Ontario College Graduate Certificate
Effective: 2011-2012
Location: Barrie
Start: Fall + Winter
Description
The field of international business encompasses a variety of disciplines, including finance, sales, marketing, and human resources; graduates demonstrate a range of knowledge, skills, and abilities which are relevant to both business in general and international business in particular. Because of the variety of cultural contexts in which international business is conducted, an appreciation of and respect for the histories, customs, and cultures of other countries are essential elements of a graduate's success in the international business field.
Career Opportunities
Graduates of this program are prepared to perform sales, marketing, planning, negotiation, research, information management, and customs documentation functions in positions of responsibility. They have demonstrated management skills which include leadership and planning to support the international business activities of an organization.
Graduates work in a broad range of employment settings in all sectors of business and industry, in both domestic and international locations.
Program Learning Outcomes
The graduate has reliably demonstrated the ability to:
- Take into account the impact of various economic, legal, cultural, geographical, and political systems on international business.
- Conduct business in compliance with relevant national and international law, legislation, policies, and regulations.
- Apply computer skills and knowledge to support the international business functions.
- Assist in the importing and exporting functions of a business.
- Collect, process, and interpret data used to support international business.
- Conduct business with diverse populations using culturally appropriate methods.
- Contribute to the planning, directing, and evaluating of individual and team projects.
- Develop an international marketing plan which includes marketing objectives, marketing mix, strategies, budgetary considerations, and evaluation criteria.
- Develop strategies to utilize domestic and foreign government programs, policies, and agencies which facilitate international trade.
- Apply financial knowledge and skills to the operation of an international business.
- Develop strategies to prepare for the contingencies associated with personal international travel.
- Take into account the business advantages of being multilingual.
- Apply leadership and teamwork knowledge and skills when working with coworkers, supervisors, and others.
- Apply knowledge of quality control and assurance programs to sourcing and supplying.
- Apply the principles of business ethics and international corporate responsibility.
- Employ entrepreneurial strategies to maximize the effectiveness of international business initiatives.
- Participate in the development of an international business plan.
- Develop strategies to negotiate effectively within various cultural environments.
- Communicate information related to international business accurately and credibly in oral, written, and graphic form.
Practical Experience
The internship which is completed in the third semester of the program has been designed to blend career ambitions with post diploma college studies. This blending of academic and industry experience will provide the students with opportunities to apply their knowledge and skills within a work environment. Placement opportunities will be determined by the Program Co-ordinator and the student. Students who are already employed in an environment conducive to the application of the program content may obtain credit for their internship at the discretion of the Program Co-ordinator.
Program Progression
Sem 1 - Fall 2011
Sem 2 - Winter 2012
Sem 3 - Summer 2012
Admission Requirements
A College Diploma or University Degree, or equivalent. Education or experience in a business setting is desirable.
Graduation Requirements
Students are required to complete:
12 Mandatory Courses
1 Internship
Mandatory Courses
BINT1000 International Trade Finance
BINT1001 The Global Marketplace.
BINT1002 International Human Resources Management
BINT1003 International Corporate Responsibility
BINT1004 Global E-Commerce
BINT1005 International Trade Research
BINT1006 Strategic Management of International Operations
BINT1007 Global Entrepreneurship
BINT1008 Legal Considerations in International Trade
BINT1009 Global Supply Chain Management
BINT1010 International Marketing Management
BINT1011 Advanced Global Strategy
Internship
BINT1012 Internship (International Business)
Graduation Eligibility
To graduate from this program, a student must attain a minimum of 60 per cent or a letter grade of P (Pass) or S (Satisfactory) in each course in each semester. The passing weighted average for promotion through each semester and to graduate is 60 per cent.
COURSE DESCRIPTIONS
BINT1000 International Trade Finance 42 Hours
This is a course about taking advantage of the opportunities created by the emergence of a global economy and managing the risks of globalization. The objective of the course is to examine financial management models of cash flow, with an emphasis on foreign processes. Furthermore, it explores the implications of balance of payments, interest rates, and inflation rates on foreign exchange rates, as well as the implications of foreign exchange risk on investment decisions.
BINT1001 The Global Marketplace 42 Hours
This course provides a review of the essential elements of conducting business on an international scale. Topics include world geography and geopolitical systems, modes of entry, theories of international business, cross-cultural issues, the legal environment, the multinational corporation, functional management and operational concerns of business in the international arena.
BINT1002 International Human Resources Management 42 Hours
This course offers students an opportunity to explore international human resource practices in depth. The purpose is to provide students with an understanding of the differences between domestic and international Human Resource Management with specific emphasis on the following areas: international recruitment and selection, performance management, training and development, compensation practices, the expatriation process, international labour relations and union concerns and pressing issues and trends in international human resources.
BINT1003 International Corporate Responsibility 42 Hours
This course examines questions that confront multinational enterprises, including national and international legal considerations. In addition, it explores the choices decision makers must make within a complex array of different economies, markets, cultures, social systems and regulatory regimes. There will be a focus on the effect of industrial, agribusiness and other human activities on the bio-physical environment.
BINT1004 Global E-Commerce 42 Hours
Worldwide online trade will grow dramatically as companies construct cyber locations around the world. Businesses conducting global e-commerce must take into account differences in culture, language, currency, exchange rates, and technological communications. In this course, you will critically examine what globalization means for e-commerce, learn how trade policies work in a global e-commerce marketplace, and study issues related to the use of internet technology as an enabler to perform international business functions.
BINT1005 International Trade Research 42 Hours
Successful marketing in international trade depends on developing an in-depth understanding of target markets. In this course, you will use information systems and sources to conduct market intelligence analysis for the introduction and marketing of a real product or service for the global economy. The objective of the course is to prepare an international trade research paper that demonstrates the ability to plan the research process, collect and interpret data.
BINT1006 Strategic Management of International Operations 42 Hours
This course critically examines the generic and functional strategies open to multinational enterprises; you will test the applicability of these concepts to actual situations. This course includes a computer simulation to provide you with first-hand experience in operating a business.
BINT1007 Global Entrepreneurship 42 Hours
This course will provide you with an overview of international trade management and trade rules. In addition, you will learn how to manage the import/export process, international innovation, assets, risks and negotiations abroad. You will develop a foreign market entry strategy for a specific product or service using computer simulated negotiation software, which will further develop your management skills.
BINT1008 Legal Considerations in International Trade 42 Hours
This course introduces you to real-world examples of ethical and legal considerations in various cultural and business settings. You will be exposed to the types of moral and legal standards that are essential to successful participation in the global marketplace. In addition, you will learn a framework that will assist you in ethical decision making and will learn to recognize situations in which legal advice should be obtained.
BINT1009 Global Supply Chain Management 42 Hours
This course focuses on both strategic and tactical issues in international operations management, including capacity planning, materials management, modes of transportation, Incoterms, supply chain management and global sourcing and manufacturing.
BINT1010 International Marketing Management 42 Hours
This course is an advanced study of the international marketing function. You will work on an international marketing project. You will develop the framework, gather the necessary information and data, undertake the necessary marketing analysis, summarize your findings and make the necessary recommendations.
BINT1011 Advanced Global Strategy 42 Hours
This course focuses on how strategy is developed and turned into action. Acting as a general manager, who has cross functional responsibilities as well as national boundaries, you will conduct an analysis of an international business opportunity and/or challenge and develop an international business plan.
BINT1012 Internship (International Business) 520 Hours
The International Business Internship is designed to provide you with an experiential learning opportunity and exposure to prospective employers. Client companies will be provided with research and trade development services.
Adults with significant life and work experience may receive credits toward a college certificate or diploma program through an assessment process.
More information about Prior Learning Assessment and Recognition (PLAR)
NOTE: Information contained in College documents respecting programs is correct at the time of publication. Academic content of programs and courses is revised on an ongoing basis to ensure relevance to changing educational objectives and employment market needs. The college reserves the right to add or delete programs, options, courses, timetables or campus locations subject to sufficient enrolment, and the availability of courses.
Last Update: March 08, 2012.