MBA – International Business Specialization
MBA – International Business Specialization
All business today is international business, thanks to worldwide supply chains, the global reach of the Internet, and easier, faster international travel. If you want to lead in businesses with a global presence, you’ll need to develop specific technical knowledge of international regulation, finance, and cross-cultural communication.
Earn your MBA with a concentration in International Business at Salem International University. This accelerated MBA program, available online or at our West Virginia campus, offers you the opportunity to develop a blend of practical skills and in-depth technical knowledge that can help you take the lead in global businesses—all in as little as 12 months.
Objectives of This Program
The 12-month, 36-credit MBA in International Business at Salem International University prepares you to pursue advanced business roles in international businesses, NGOs, and government agencies. After graduation, you should be a competent and effective business problem-solver who can:
- Create cohesive corporate cultures through the use of effective training, management, and deployment of technological resources.
- Guide business activities with knowledge of national and international regulations.
- Adapt marketing strategies and messaging for international audiences.
- Understand how to align large or geographically disparate teams with business goals worldwide.
This MBA offers targeted knowledge that can prepare you for upper-level careers in a variety of organizations, including:
- International banking
- International financial services companies
- Government agencies and international development NGOs
- International marketing agencies
- Import-export businesses
Program of Study
Our MBA program consists of twelve courses: seven core classes and five in the international business concentration. It is available online or on campus in West Virginia.
Core MBA Courses:
- ACC515 Accounting for Managers
- BUS500 Applied Business Statistics
- BUS505 Business Communications
- BUS699 Enterprise Strategic Planning and Change Management
- ECO570 Managerial Economics
- FIN560 Financial Management
- MKT530 Marketing Management
International Business Concentration Courses:
- BUS600 Organizational Behavior, Leadership, and Ethics
- BUS640 International Law and Public Policy
- BUS650 Global Business Operations
- BUS660 Management Utilization of Technology
- BUS670 Global Challenges of Communications and Human Resources Management
ACC515 – Accounting for Managers (3 Credits)
Students will survey accounting principles and practices to learn the rationale for and implications of important accounting concepts and accounting procedures necessary to analyze and evaluate financial statements. The course examines budgeting, profit planning, budget control processes, tax planning, inventory management, cash forecasting, financial reporting, required financial disclosures, and international monetary transactions. Emphasis is placed on the use and importance of financial statements in the managerial decision-making process and ethical standards in accounting. Case studies and readings in accounting are used for practical application.
BUS500 – Applied Business Statistics (3 Credits)
A study of the statistical models, probability distributions, hypothesis testing, regression, transformation, analysis of variance, chi-square, time series analysis, forecasting, and queuing theory. Emphasis is on the practical application of management science tools to solve business problems and using computer applications of business statistical methods.
BUS505 – Business Communications (3 Credits)
Students are exposed to the importance and implications of clear, correct, and coherent communication in the business environment. Emphasis is placed on the effective use of written and oral communication in management and executive functions, the development of negotiation skills, and presentations to customers, senior management, and executive boards.
BUS699 – Enterprise Strategic Planning and Change Management (3 Credits)
This capstone course is a review of modern strategic thinking and change management for the purpose of integrating three major types of challenges in steering an organization: (1) internal and external analytical assessment, (2) world uncertainty and unexpected events, and (3) human psychology and inertia. In connecting these tangible and intangible issues in the strategies process, the student will learn how internal and external forces do not always align with the human energy, and as a result the strategy that emerges is not always the intended one. Simulation exercises, case analysis, and synthesis of cross-functional practices will be applied in team works and written and oral presentations.
ECO570 – Managerial Economics (3 Credits)
The course is a study of the use of economic theory in managing the organization. Students will develop the ability to apply economic analysis to the solution of problems faced by management and understand the economic basis for business policies and key economic concepts that can serve as a framework for business decisions, linear programming, forecasting, and economic modeling of financial investments. Emphasis is placed on understanding how economic modeling is used to make decisions on price, output, investment, and related matters, and the consequences of economic decisions.
FIN560 – Financial Management (3 Credits)
The course covers major issues facing a manager, including financial statement analysis; discounted cash flow analysis, time value of money; risk-return trade-off, valuation of financial assets, capital budgeting, financial planning, cost of capital; long-term financing through debt and equity, and the analysis of various financial models to improve existing short- and long-term asset management. Emphasis is placed on the importance of resource management in decision making and the role of leverage and its impact on the enterprise.
MKT 530 – Marketing Management (3 Credits)
This course studies the marketplace and the role of marketing in an organization. Students will learn about the influence of the marketplace and the environment, the process of marketing decision-making, design and use of the organization’s marketing.
BUS600 – Organizational Behavior, Leadership and Ethics (3 Credits)
A study of the practices and ethical consequences managers employ in planning, organizing, leading, and controlling formal and informal organizational behavior and corporate culture. Topics include self-awareness, perception, motivation, learning, attitude, stress management, leadership, group dynamics, teamwork, communication, power and authority, delegation, time management, organizational structure, organizational development, change process, continuous improvement, operations of virtual organizations, strategic partnerships, joint ventures, and management control systems.
BUS640 – International Law and Public Policy (3 Credits)
This course is designed to challenge students to develop a broad understanding of the global legal, regulatory and public policy systems, and how they affect them as business managers and leaders. Businesses have become increasingly subject to international as well as local and national laws, regulations and public policies. Legal and regulatory provisions pervade such aspects of business as trade practices, marketing practices, environmental practices, intellectual properties, ethics and business relationships with employees, customers and other interested parties. This course assists students in developing their ability to meet the ethical, legal and regulatory demands and responsibilities of conducting business in a contemporary global environment.
BUS650 – Global Business Operations (3 Credits)
This course is a study of global business concepts and management practices. Students learn about the impact of external and internal environments, the influence of cultural, social, political, legal, and economic factors affecting business operations, theories of trade and foreign direct investment, balance of payments account, economic integration, trade policies, foreign exchange transactions, contract terms, organizational structures and control of global operations, forms of business entry, including strategic alliances, joint ventures, and foreign direct investment, marketing, distribution, supply chain management, logistics, consumer behavior in international markets, global market extension, and positioning for competitive advantage. Students will conduct case analysis, learn to solve practical management problems, and develop written and oral presentations.
BUS660 – Management Utilization of Technology (3 Credits)
This course integrates and extends the technology-specific knowledge gained by the student in the various subject disciplines and from real world experience. Emphasis is placed on the view of a Chief Information Officer (CIO) to understand how technology is used to improve business performance, both strategically and operationally. Topics discussed include the use of technology at different levels of an organization, the importance of ERP technology in managerial decision-making, operational excellence, competitive positioning, and change implementation.
BUS670 – Global Challenges of Communications and Human Resources Management (3 Credits)
Introduces students to the perspectives and dimensions of human resource management and policy development. Students will study the process of bringing people and organizations together for the purpose of achieving stated goals. Emphasis is placed on the growing need to link strategic planning and human resource planning. Topics include job analysis, work flow management, diversity, recruiting, staffing, training, human resource development, performance appraisal, human resource policies, employment laws, employment benefits, employee relations, workplace safety and health issues, downsizing, outsourcing, human resource planning and resource allocation, and the effect of cultural, political, and legal environment on human resource management across national boundaries. Students will be involved in case analysis, team projects, and oral and written presentations.
Overview of Admission Requirements
Applicants to our Master of Business Administration programs must meet the following requirements:
- Hold a bachelor’s degree from an accredited college or university (or an international institution with appropriate credential evaluation).
- Meet prerequisite coursework requirements (varies by program).
International students will need to provide results of a credential evaluation and proof of English language capability.
Earn Your MBA in International Business
Develop your global leadership vision—earn your MBA in International Business. Talk to a Salem International University admissions advisor for more information today!