International Business Administration Major (IBA)
Thirty-two credits which must include:
- BUS-121, 221, 309, 323, 333, 440
- 4 credits from 224A, 224B, 224C, 224D
- 4 credits BUS electives
- Twelve credits from ECN-201, 202, 331 or 332
- 24 credits (or proficiency) in a foreign language beginning at the 111 level
*See also Required Cognate Courses
- BUS121.Business Foundations4General survey course that introduces the students to the various business disciplines. Students will briefly investigate the disciplines of accounting, finance, international business, law, management and marketing and how all of these disciplines are interrelated. The areas of business ethics and social responsibility will also be examined.
- BUS*221.Financial Accounting4BUS-121 or 131 (may be taken concurrently), MTH-101 or equivalentGeneral survey course that introduces the study and application of the basic concepts and methods used in developing and reporting financial information about an economic entity. Emphasis on developing the ability to interpret and apply accounting information to the decision-making process.
- BUS*309.Managerial Finance44 credits from BUS-222 or BUS-224(A-D); ECN 201 or 202; and 4 credits from MTH 113, 116, 121, 341, PSY 220, or PermissionIntroduction to the principles of managerial financial policies, leading to maximizing the value of a firm. Major emphasis on financial decisions facing a firm, management of current assets, capital budgeting, cash flow management, optimal capital structure, time value of money and financial/ratio analysis.
- BUS*323.Contemporary Management44 credits from BUS-222 or BUS-224(A-D); ECN 201 or 202; and 4 credits from MTH 113, 116, 121, 341, PSY 220 or PermissionExploration of the four primary functions of management: planning, organizing, leading and controlling. Emphasis on understanding functions and roles that managers play within organizational structures and society stakeholders. Students will engage in numerous contemporary experiential learning and project applications. Developing managerial problem-solving, business professionalism, teamwork, and communication skills are a cornerstone of this course.
- BUS*333.Marketing and Society44 credits from BUS-222 or BUS-224(A-D); ECN-201 or 202; and 4 credits from MTH-113, 116, 121, 341, PSY-220, or PermissionGeneral survey course acquainting students with the business and economic principles underlying the transfer of goods and services from producer to consumers. Investigation of the institutions, systems of distribution, and the functions and policies of the marketing discipline.
- BUS*440.Global Strategic Management4BUS-121, 221, 309, 323, 333 and 4 credits from BUS-222 or BUS-224(A-D)Coverage of all aspects of strategy with a focus on industry and corporate analysis, especially in the global environment. Emphasis on individual written and group oral presentations of case analyses. Students apply the concepts learned to actual business situations. The capstone course for Business Administration and International Business Administration majors.
- ECN201.Principles of Macroeconomics4Introductory survey of macroeconomic theory and national policy. Supply and demand analysis and solutions to basic economic problem of scarcity in the American economy. Examines relationship between national income and its determinants with emphasis on role of fiscal and monetary policies in stabilizing national economic performance.
- ECN202.Principles of Microeconomics4Introductory survey of microeconomic theory. Principles of consumer demand; production, exchange and distribution in capitalist economies; labor and resource markets; international trade and exchange rate theory and policy.
- ECN*331.International Trade4ECN-100 level or permissionExamines the exchange across international borders of goods, services and factors, and the impacts of this trade on domestic and global economies both in theory and practice. Theories of trade are compared and contrasted to both empirical studies and histories of trade. Topics include free trade, commercial policy, barriers to trade, foreign investment, imperialism and political economy of trade.
- ECN*332.International Finance4ECN-100 level or permissionExamine the principles and practical aspects of international finance. Theories of exchange rate determination are compared and contrasted. Topics include, but are not limited to: comparative advantage, arbitrage, international macroeconomics, foreign exchange issues, global money and capital markets, exchange rate forecasting and interest rate swaps.