International Business

Universidad EAFIT

Course Description

  • Course Name

    International Business

  • Host University

    Universidad EAFIT

  • Location

    Medellín, Colombia

  • Area of Study

    Business, Business Administration, International Business

  • Language Level

    Taught In English

  • Course Level Recommendations

    Lower

    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.

    Hours & Credits

  • Contact Hours

    48
  • Recommended U.S. Semester Credits
    3
  • Recommended U.S. Quarter Units
    4
  • Overview

    1. COURSE JUSTIFICATION
    During the first part of the semester, the course describes and explains the general
    environments that frame and influence business activities across and within countries,
    i.e. the cultural, political-legal and economic environments. Afterwards the course
    approaches the basics of international trade and investment operations, as well as the
    institutional system where they take place. The final part of the course introduces and
    discusses some specifics of international strategy, entry modes, and diverse
    international business management functions.
    2. GENERAL OBJECTIVES OF THE COURSE
    • To describe and explain the general environments that frame and influence
    business activities across and within countries.
    • To approach the basics of international trade and investment operations, as well
    as the institutional system where they take place.
    • To introduce and discuss international strategy, entry modes, and diverse
    international business management functions.
    • To introduce students to the field of international business
    • To enable students to generate insight, critique, and proposals for
    improvement along the set of activities that comprise international business
    • To stimulate students to interrogate themselves about their profession, their
    relations to the world, to organizations, and to different cultures and individuals
    • To develop skills for the analysis of the international environments, institutions
    and variables that might influence the world of international business
    • To foster ethical judgment oriented towards decision-making in a globalized
    business world
    3. ANALYTICAL DESCRIPTION OF CONTENTS
    Part 0 – Introduction and Course Methodology
    1. Introduction and course methodology
    Learning and teaching strategies:
    • Lecture
    • Class discussion
    Part I – Global Business Environment
    2. Globalization and International Business.
    Learning and teaching strategies:
    • Lecture
    • Class discussion
    • Workshop
    Readings:
    • Chapter 1: Globalization
    Part II – National Business Environment
    3. Cross-Cultural Business.
    Learning and teaching strategies:
    • Lecture
    • Class discussion
    • Workshop
    Readings:
    • Chapter 2: Cross-Cultural Business.
    4. Political Economy and Ethics.
    Learning and teaching strategies:
    • Lecture
    • Class discussion
    • Workshop
    Readings:
    • Chapter 3: Political Economy, Legal Systems and Ethics.
    5. Economic Development
    Learning and teaching strategies:
    • Lecture
    • Class discussion

    Readings:
    • Chapter 4: Economic Development of Nations
    Part II – Acquiring Tools
    6. International Trade.
    Learning and teaching strategies:
    • Lecture
    • Class discussion
    • Case Study 1 (5%)
    Readings:
    • Chapter 5: International Trade Theory.
    7. Business-Government trade relations
    Learning and teaching strategies:
    • Lecture
    • Class discussion
    • Workshop
    Readings:
    Chapter 6: Political Economy of Trade
    8. Foreign Direct Investment.
    Learning and teaching strategies:
    • Lecture
    • Class discussion
    • Workshop
    Readings:
    • Chapter 7: Foreign Direct Investment.
    9. Regional and Multilateral Integration.
    Learning and teaching strategies:
    • Lecture
    • Class discussion
    • Workshop
    Readings:
    • Chapter 8: Regional Economic Integration
    10.International Financial Markets and Monetary System.
    Learning and teaching strategies:
    • Lecture
    • Class discussion
    Readings:
    • Chapter 9: International Financial Markets
    • Chapter 10: International Monetary System
    Part III – Managing Around the Globe
    11.International Strategy and Organization
    Learning and teaching strategies:
    • Lecture
    • Class discussion
    • Workshop
    • Midterm Exam (25%)
    Readings:
    • Chapter 11: International Strategy and Organization
    12.Analyzing International Opportunities
    Learning and teaching strategies:
    • Lecture
    • Class discussion
    • Case Study 2 (15%)
    Readings:
    • Chapter 12: Analyzing International Opportunities
    13.Selecting and Managing Entry Modes.
    Learning and teaching strategies:
    • Lecture
    • Class discussion
    • Project presentation + paper due (25%; 60% written/40%oral production)
    Readings:
    • Chapter 13: Selecting and Managing Entry Modes
    4. ASSESSMENTS
    • Case Studies x2: 5%+15%
    • Midterm exam: 25%
    • Course Project (small groups): 25% (60%written, 40%oral production)
    • Final Exam: 30%