Seoul, South Korea
Area of Study
Taught In English
Course Level Recommendations
ISA offers course level recommendations in an effort to facilitate the determination of course levels by credential evaluators.We advice each institution to have their own credentials evaluator make the final decision regrading course levels.
Recommended U.S. Semester Credits3
Recommended U.S. Quarter Units4
Hours & Credits
Course Description and Objectives:
This course is a broad survey of the field of international business and provides the foundations for further specialisation in this field. It will begin with a brief overview of international business, focused on the concept of ‘globalisation’. The course will then examine the environment for international firms, particularly the political, social and economic configurations that support crossborder commerce. Amongst others, we will look at the role of national policies and cultures, the evolution of international markets in goods, services and finance, and the supernational mechanisms and infrastructures for trade, investment and finance. The course will then probe international firms: their strategies and organisational design, their entry modes into international enterprise, and their behavioural and control systems. Many parts of the course involve current events, including issues related to international trade, foreign investment and international political conflict, which can all be discussed in the seminars.
By the end of this course students should be able to:
- Identify the main features of the international business environment and its main institutions
- Analyse the political, social and economic configurations that support cross-border commerce
- Understand the multinational firm as an institutional structure for the conduct of crossborder commerce
- Analyse the key decisions that multinational firms make in relation to the choice of markets and entry strategies;
- Communicate their understanding in a clear and concise way through assignments and seminar participation
- Research international business issues and apply theoretical insights to the analysis of such issues in the context of a complex international business environment.
The topics listed above will be introduced in formal lecture format, as well as through indepth class discussion. Students are highly encouraged to complete the required reading prior to attending the class, and contribute to class discussion by answering questions raised by the instructor, and providing their constructive comments on other students’ views. Engaging in class discussion is essential for achieving the learning outcomes listed above.
In preparation for the class discussion and presentation, students are expected to read chapters from the textbook and prepare their answers to the discussion questions listed in lecture slides. In preparation for exams, students are recommended to review lecture slides, study notes, as well as textbook, in combination of testbank material. 3.
Attendance and Participation:
Class participation and attendance are essential to this course. You are expected to arrive ready to begin class on time; to not leave until class is over; and to attend all classes. If for any special reason you are unable to meet these requirements, please talk to the instructor or the TA about it, otherwise an absence will be recorded towards your attendance. Each recorded absence will result in one point loss from your final mark, this is however capped at 10 marks.
Courses and course hours of instruction are subject to change.