International Business Administration

Requirements & Courses

  • International Business Administration Major (IBA)  

    Thirty-two credits in Business Administration including 121, 221, 222, 309, 323, 333, 440 and four credits of electives in BUS; 12 credits in Economics including 201, 202 and 331/332; and 24 credits (or proficiency) in a foreign language beginning at the 111 level.

Courses

  • BUS
    121
    .
    Introduction to Business
    4 credits
    General 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 Accounting
    4 credits
    BUS 121 or taken concurrently, MTH 101 or its equivalent, Sophomore Standing
    General 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
    222
    .
    Managerial Accounting
    4 credits
    BUS 221
    Study of accounting in the manufacturing and service sector, cost allocation and analysis, development of cash flow statements and analysis of financial statements. Emphasis on how cost and managerial accounting concepts and methods apply to the decision-making process.
  • BUS
    *
    309
    .
    Finance
    4 credits
    BUS 222; ECN 201 and 202; MTH 116
    Introduction 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
    .
    Management
    4 credits
    BUS 222; ECN 201 and 202, MTH 116 or Permission
    Exploration of the four primary functions of management: planning, organizing, leading and controlling. Emphasis on understanding functions and role that managers play within organizational structure and within society.
  • BUS
    *
    333
    .
    Marketing
    4 credits
    BUS 222, ECN 201 and 202, MTH 116 or Permission
    General 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 Management
    4 credits
    BUS 309, 323 and 333
    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.
  • ECN
    201
    .
    Principles of Macroeconomics
    4 credits
    Introductory 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.
  • ECN
    202
    .
    Principles of Microeconomics
    4 credits
    Introductory 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 Trade
    4 credits
    ECN 202
    Examines 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 Finance
    4 credits
    ECN 201 and 202
    Examine 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.