International Business Administration

(3 years, 1440 hours, 90 credits)
In this program, students develop an understanding of various functional aspects of entrepreneurship, accounting principles, business communications, international trade, international marketing and logistics.  Students will develop their analytical and decision making skills in a variety of business applications.

Graduates of the three-year International Business Administration Program are prepared to perform information management, negotiation, research, planning, and customs documentation functions in careers which include negotiators, freight forwarders, and other administrators. The field of international business encompasses a variety of disciplines, including finance, sales, marketing, and human resources management; graduates will demonstrate a range of knowledge, skills, and abilities which relate to both business in general and international business.

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Core Courses

ACCT200 – Introduction to Accounting I
This course covers basic accounting concepts and principles, their application to transactions, financial statements, and an introductory consideration of the balance sheet and income statement.

ACCT201 – Introduction to Accounting II
This course deals with accounting for corporate investments, financial statements, statement of changes in financial position, accounting in a manufacturing firm, and managerial use of accounting data.

ACCT300 – Managerial Accounting
This course focuses on the use of accounting data for budgeting, cost control, pricing, performance evaluation, and general decision making.

COMP 103 – Introduction to Computers
Technology is quickly becoming a crucial part of any profession. This course focuses on making effective use of today’s computers in order to be competitive in today’s markets.

ECON100 – Principles of Microeconomics
This course will cover the general principles of price and market theory. Emphasis will be put on supply & demand, cost structures, profit maximization, and competitive market strategies.

ECON101 – Principles of Macroeconomics
Topics include national income determination, unemployment, inflation, fiscal policy, the central bank, monetary policy, international trade, and the balance of payments.

ECON300 – International Economics
International economics students will examine current issues and trends in varying markets. Topics include international trade and international macroeconomics and financial disciplines.

ENGL100 – College English
This course is crucial for understanding the fundamentals of English at a post-secondary level. Students prepare for necessary grammatical writing and oral presentation to ensure their ability to proceed in programs expecting a high standard of English writing and grammar.

ENGL101 – English Composition
This course is designed to develop writing skill at a post-secondary level. The focus is on grammar, rhetoric, and logic in writing with established practice.

ENGL102 – Effective Speaking
The course concentrates on diction, pronunciation, interpretation, projection, organization and presentation of speeches of varying length. Assigned topics: extemporaneous speaking, elementary debate, and panel participation.

ENGL200 – Research Method and Bibliography
This course provides students with the necessary research skills relating to a business environment. It focuses on understanding the research process and proposal; distinguishing between good research and research that falls short of professional quality; different approaches towards problem solving; recognizing the need for ethics in conducting business research; designing a research paper using various strategies, sampling, and measurement; giving oral presentations with the use of modern technology.

FINA300 – Managerial Finance
This course is broken into 3 major sections: Capital investment, capital structure, and dividend policy. It also examines current practices in short and long term financial planning. This course will also examine the issues and risks associated with lease financing, mergers, acquisitions, and hedging.

FINA302 – International Trade Finance
This course is a study of the financial issues arising in international trade. We will examine foreign exchange, international financial markets and institutions. The focus is on methods of payment with import and export trade transactions. Currency management, bond and export credit insurance are also examined.

IBUS300 –International Business
This course is broken into two main sections: (1) The concept of the multi-national firm and it’s implications on financial management decisions, (2) The challenges faced in the international banking system with regard to asset/liability management, offshore financial centers, external debt and the increase of regulatory and supervisory measures.

IBUS301 – Global Entrepreneurship
This course is designed to give the skills and knowledge necessary for the launch and operation of a new global business. We will discuss the challenges of entrepreneurship, building the business plan, strategic planning, logistics and distribution, international marketing, pricing, trade financing, putting the plan to work. We will also look at ethical and legal concerns and regulatory environment.

IBUS302 – International Trade Logistics
The course is based on the integration of the complete supply chain from raw material to the final customer and addresses all the main issues concerned with international trade and transportation of goods. The course discusses the principal modes of international transportation, with special attention to service and cost factors, economies, allied services, customs and government restrictions, the management of equipment and carrier resources.

IBUS303 – International Marketing
Students will explore the economic, cultural, political, and legal challenges involved in marketing within an international focus. Main issues will include international product policy, distribution, pricing and promotion, international consumerism, and research and management issues.

IBUS304 – International Trade Research
This course provides students with an understanding of data research and analysis methodology, with focus on international trade. It will discuss how to approach data sources and how to retrieve and evaluate data. Data manipulation and critical analysis are core components on this course.

IBUS305 – Importing and Exporting
This course presents an overview of importing and exporting terms and techniques. Students will learn the basics of importing and exporting and how to put import/export deals together. Topics include overseas sales, marketing, operations, government regulations, finance, documentation and record keeping, and international trade bodies. Additionally, the class will cover bilateral trade relations, unique country profiles and cross-cultural definitions.

IBUS306 – Foreign Trade Documentation
Most international trade transactions require certain transport documents, administrative documents, commercial documents and insurance documents. There are a great variety of documents that may need to be produced to complete export/import transactions. This course discuss different types of documents used in international trade, which documents are usually required by customs, the requirements for various documents and how to fill in these documents correctly.

IBUS310 – Legal Aspects of International Trade
This course gives students the opportunity to gain an awareness of legal aspects affecting their businesses in an international context. It focuses on general principles of contract, law of purchase and sale, and the laws relating to international carriage.

IBUS311 – International Trade Management
This course will develop the management skill necessary for international trade. Students will study international business environments, international business strategy and international organizational structure. The course focuses on international trade theory, history and trends. Discussion questions and case studies are a core part of this course.

IBUS312 – International Management: Negotiation & Strategy
This course is designed to provide students with the advanced skills needed to negotiate effectively in the international business arena or multicultural workplace. The course focuses on deal making and dispute resolution in the context of international business transactions with a special emphasis on cross cultural conflicts.

IBUS313 – International Market Entry and Distribution
This course provides students with an understanding of the principles and practices of international marketing by studying the marketing environment and strategies for multinational companies. The emphasis is placed on the effective entry and distribution strategy to the global market. The course examines the economic and structural environments, including institutional settings, regulations, and business practices, which foreign companies face when they enter the global market.

MGNT100 – Introduction to Business Management
Today’s fast paced business environment requires an integration of proficient business skills and computers skills. This course introduces students to how technology is quickly becoming an integral part of everyday business.

MGNT200 – Organizational Behaviour I
This course focuses on the macro aspect of organizational behaviour. Students will learn the basics of human needs, motivation, learning, perception, and attribution. Students will apply this knowledge in the form of open discussion sessions and case analysis.

MGNT201 – Organizational Behaviour II
This module is a continuation of level I as this focuses on Micro aspects of organizational behaviour. Topics include group processes and their relationship to effectiveness, as well as inter group co-operation.

MGNT210 – Operations Management
Operations managers are in charge of the processes that transform raw inputs into finished goods and services. This course will focus on understanding the responsibilities of an operations manager. Students will learn about operational strategies, process transformations, conflict resolution, boundary management, and standard practices used by a typical operations manager. Students will need to apply their critical thinking skills during class discussions.

MKTG200 – Introduction to Marketing
Students are introduced to basic marketing tools, segmentation, product and price positioning, distribution, and promotion. Topics include market research, buyer behavior, planning, and marketing in a global setting. The relationships between marketing and society are introduced. This course will incorporate lectures, current readings, videos, class exercises, and case analysis.

QMGT100 – Introduction to Quantitative Methods I
Purpose of this course is to provide a basic understanding of the dynamics of non-linear functions as they relate to the use of scarce resources for non-profit maximization. Students will be exposed to the basic methods of calculus and the basic concepts of probability as they relate to decision making in an uncertain environment.

QMGT 101 – Introduction to Quantitative Methods II
This course illustrates applications of basic mathematical techniques in various analysis, data manipulation aggregate planning and further financial planning. Students will further their knowledge in linear functions, linear inequalities, the simplex method, compound interest, annuities and depreciation.

QMGT 200 – Introductory Statistics for Commerce
This course provides a study of statistical concepts of business and knowledge. Concepts include statistical tools and chi-square tests on contingency tables, multiple regression analysis, and time series as they are applied to various business and economic problems.