The purpose of the bachelor of business administration degree in international business is to prepare students to manage and lead in a variety of societies and organizations that exist in today's increasingly interdependent global economy. To achieve the following objectives, international business majors take a comprehensive curriculum that includes business, language, and social science courses related to the country/region of interest (as indicated by the language chosen).
Also, international business majors have access to and are required to participate in at least one international summer or semester-long study or work abroad program from those offered by the
college directly, or though its partners, or through other schools that the College accepts after reviewing a relevant proposal made by the student.
Upon graduation, all IB majors should:
- Be capable to adjust their behaviors and to select proper management strategies to the conditions of other cultures and environments
- Be sufficiently proficient to communicate orally, and to conduct simple business transactions, in at least one language other than English
- Be able to comprehend the social, economic, political, technological, legal conditions affecting businesses operating in at least one of three key areas of the world (Asia, Europe or Latin America), as well as to combine and converge such element to make business risk assessments and market entry/ investment decisions
- Be skilled to design articulated market entry and operational strategies for at least one of such areas of the world
- Be capable of formulating and implementing an international business strategy, either for a new global venture or for a multinational enterprise
- Demonstrate an understanding of the principal institutional factors and market forces that determine exchange rates, the role of exchange rates in international trade and investment, and common methods for managing country risk
- Be capable of assessing (from all financial, legal, tax, trade procedure and operational feasibility points of view) alternative international supply chain possibilities, and of making practical decisions/recommendations to increase their viability