Foundations of International Business

Masters in Business Administration

MBA 605

Breyer State University

Instructor: Seun A. Onodipe,MBA

SYLLABUS

COURSE OVERVIEW: Welcome in the Master program that aims to master you in International Business Management. Within this International Business Track MBA Program I will be your instructor and tutor during your course study of the Foundation of International Business.

This exciting course is designed primarily for the business student who is especially interested in International Economics. The focus of this course is on real world managerial application of international business terminology and concepts on a macroeconomic level. Therefore the course will examine past and existing theories and compare them with the general practice on the specific fields of international business. The classes are built on the base of reading materials from the required books and article and also on class material provided by the professor periodically. The format of this course is a 10 weeks seminar. Topics are listed in the schedule. Active participation and interaction with the professor is fundamental.

PREREQUISITES: For this MBA program students must own a bachelors degree, preferably in business.

Although this course has no formal prerequisites you are expected to be familiar with basic economic terms and concepts.

TIMEFRAME: This is a five-semester hour course that is allotted ten weeks of time. You must complete all of the requirements for the course successfully by the end of this ten-week period. The first day of week one will begin the day that you register for the course, or the day which you notify me that your textbooks have arrived and you are ready to begin your studies. Please take a commitment and be cognizant of the time frame. It is rare that extensions of time are permitted, unless you have good justification. Upon successful completion of this course, you will be awarded five semester hours of credit.

TEXTBOOK: There is one (1) required textbook for this course.

1. Carbaugh, Robert. International Economics, 2004. Thomson Southwestern, 9th Edition.

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Required Articles: Articles from major professional periodical will be provided for some of the classes on a timely manner.

Research of articles in professional periodicals and also research through the Internet for additional material is suggested and for the Final exam is required.

WRITTEN ASSIGNMENTS:

COURSE BREAKDOWN:

Week 1 – 3
Globalization and Trade
Free trade and quality of life issues

Week 4 – 7
Trade conflicts between developing nations and industrial nations
International Trade Relations
Trade Liberalization – WTO and Regional Trading Arrangements

Week 8 – 10
International Monetary Relations
Foreign Exchange Markets

PAPERS: There are three (3) paper assignments for this course.

Paper #1: I must download this paper by the end of the 3rd week of the course.
How can environmental regulatory policies affect an industry’s international competitiveness?

Paper #2: I must download this paper by the 7th week of the course
How has China achieved the status of a high-performing Asian economy? Why has China’s normal-trade-relation status been a source of controversy in the United States. What are the likely effects of China’s entry into the WTO?
OR

1. Select one of the Regional Trading Arrangements (NAFTA, EU, APEC, etc). What is the impact of this trading agreement on the economies involved? Are there winners or losers?  What are the trade and employment effects? What are the benefits and costs of integration?

Paper #3: I must download this paper by the end of the 10th week of the course.
Discuss the role of IMF, and its criticism

Academic dishonesty of any form will not be tolerated in this course. You will receive no credit for academically dishonest work and your case will be referred to the university for appropriate action.
 
EXAMS: There are no exams for this course. There is a considerable amount of reading involved in this course. I would prefer you spend your time with the books and articles learning the material and completing the written assignments.

GRADING: The grading scale for this course is as follows:

90-100%    = A
80-89%      = B
70-79%      = C
Below 70% = Fail

The grade of this course will be based the three written papers. The approximate weighting of the grades are as follows:

Paper #1           - 33%
Paper #2          - 33%
Paper #3          - 34%
Total                - 100%

COMMUNICATION: You are encouraged to communicate with me. I am available as a teacher, coach, and mentor to assist you in meeting your goals for this course. Primarily, communication is through email. However our classroom for this course has a "chat" room. Due to our geographical distance I am more than willing to meet you one-on-one in the chat room at your request. I only ask you to consider the differences in our time-zone. From time to time, depending on how many students are enrolled in this course at a particular time, we will have some scheduled group chats. You will receive more detailed information at the time such chat sessions are scheduled. Please keep my email address handy so that you can contact me whenever necessary. If at any time during this course you change your email address, please be sure to notify me right away.

ABOUT YOUR INSTRUCTOR: I was born in Nigeria and have been living in the US for over 15 years. I have an MBA from Carnegie Mellon University, and MS (in Engineering) from University of Pittsburgh. I work at IBM as a consultant with strong emphasis on Financial Services industry (Banks, Insurance companies and Mutual Funds etc).

Prior to my MBA and IBM experience, I had over 7 years of work experience in the Telecommunications industry. I experienced the boom and the bust of the Internet bubble.

COURSE OBJECTIVES: This course aims to provide with basic understanding of the value and uses of international economics as one of the major sources of obtaining and sustaining strategic competitive advantage. On one hand it facilitates basic theoretical knowledge in order to fully understand the foundations of international business. On the other hand it tends to provide students with practical knowledge of these concepts on a macro-economical level in the managerial decision when targeting international markets. Therefore this course will also introduce students to the major institutional framework of the World Trade Organization and the role of international financial organizations and their effect on international investment.

INFORMATION: If you have any questions regarding this program, you may contact the instructor at seun.onodipe@yahoo.com

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