International Business Degrees Online

International Business
This program is designed to provide information about international business that can be adapted to an administrative staff. Students will acquire the awareness of cultural, religious, and language differences when doing business with either international companies or companies abroad.
Length of the program: 2 Semesters
Graduation Award: Diploma

Note: Some certificate/diploma students taking regular business courses may be exempt from mandatory prerequisites. Code Name of the course Credits
BUSS 106 Office Communication Skills 3
BUSS 154 Intro. to Import/Export Management 3
BUSS 216 Human Resource Management 3
BUSS 340 International Business 3
BUSS 444 International Finance 3
LANG 105 Business Writing Skills 3
MATH 201 Applied Business Mathematics 3
BUSS 442 International Marketing 3
Total Credits 24

Note: Some certificate/diploma students taking regular business courses may be exempt from mandatory prerequisites.

The Master of Science in International Business (MSIB) is a 36 credit hour graduate degree program aimed at those students who anticipate overseas assignments from domestic or foreign companies or who might be working for foreign owned firms in the United States. Specialized international courses in finance, economics, tax, marketing, and management are included as well as the choice of two Culture and Doing Business in…elective courses focusing on a country or region.

Program Format
The MSIB consists of 12-14 courses depending on a student’s prior education. Advanced standing credit is not to exceed 12 semester credit hours, and may be awarded towards the MSIB degree for equivalent course work completed at another institution; time limits may apply. A minimum of 24 semester credit hours must be taken in residence at Walsh College.

A minimum cumulative GPA of 3.000 must be earned while in residence - with a minimum grade of “C” (2.000) in each course counted towards graduation requirements.

The international business program responds to the increasing interactions of American companies with worldwide marketing, purchasing, financial dealings and other business activities. Larger U.S. companies have historically had a presence or strategic relationship in other countries, and this is becoming increasingly true of small and medium-sized companies. Also, many types of intermediaries have emerged to find markets and/or suppliers around the world for U.S. companies of all sizes and in almost every industry.

Virtually every business organization should at least explore the possibilities of developing relationships with companies in other countries, either directly or through intermediaries. The global economy is too interdependent and too competitive for any domestic business to ignore the international marketing, sourcing and investing possibilities.

The international business program offers three required courses that help students understand the different political and economic environments that affect the ways in which business is conducted in other countries. Building on these foundation courses are more specialized courses focusing on marketing, sourcing and investment pportunities in overseas business. Finally, there are practically-oriented “Doing Business in . . .” courses that apply what has been learned in core and elective courses to selected nations or world regions in the design of strategies for the achievement of business objectives.

For the highly focused individual, independent studies may be designed and internships may be made available.

This minor is highly suitable for students with majors in languages, liberal arts, and business and management fields who are interested in broadening their career opportunities. The program offers a solid background in the ways in which firms operate in the global economy. The courses taken will enhance students’ employment prospects with international companies by providing a structured minor in International Business theory and practice. This minor will also provide the basic knowledge and skills needed by managers in companies doing business internationally.

Students who take this minor will be able to increase their knowledge of the global economy, and open up additional career prospects, by:
Understanding the theoretical principles and day-to-day practices of international business, and their implications for a firm’s various domestic functions
Understanding the political, technological, market and other competitive drivers that are pushing international firms to globalize their operations
Understanding the U.S. position in world trade and the impact of international political and economic events on the country
Recognizing the different management issues associated with a company’s stage of development in its international market entry planning, evaluating international business management practices, and designing effective global business strategies
Knowing the principles and processes of international business well enough to explore concepts of gender, ethnicity, ethics, and religion, and their relationships to intercultural business transactions
Understanding the career tracks and opportunities in the industry

International Business is an arena of exciting opportunities for those interested in learning about business practices and intrigued by the growing importance of doing business on stage sets that involve more than the limitations of a single country.

The program covers international trade, multinational enterprise development, foreign direct investment, international financial institutions, barriers to international trade, accounting and taxation, cross-cultural appreciation, alliance formation, and environmental concerns. Internships and foreign study programs will be important to the learning development of students in this degree program. NJIT has extensive affiliations with universities in Asia, Europe, Russia and South America.