International Business Degrees Online

Segment One - General Education Requirements
30 Credit Hours - Each course is 6 credit hours
The general education requirements provide a broad foundation in the basic academic disciplines and offer students the opportunity to
explore the breadth of the liberal arts and sciences. The following courses offered by Madison University meet the general education
requirements for undergraduate students:
Course Number Course Title
BIOL – EEC101 Biology
ENGL – EEC 101 English Composition I
HIS – EEC 101 Introduction to American History
MATH – EEC 101 Basic Principle of Mathematics
MATH – EEC 102 Introduction to Business Mathematics
Segment Two - Concentration Requirements
30 Credit Hours - Each course is 6 credit hours
BMGT 30101 Business Management
An introduction to basic concepts of management, analytical techniques and organization theory. A functional approach to management,
including cases and managerial excellence.
Textbook: Management Fundamentals: Concepts, Applications, Skill Development
ISBN#: 0-324-01337-X
BMKT 30101 Principles of Marketing
A broad perspective of marketing designed to offer the student a basic understanding of what marketing is and how it works, with an
approach to marketing management.
Textbook: Marketing: Principles & Perspectives, 3rd edition
ISBN#: 0-072-46128-4
CSCI 30101 Computer Literacy
This course includes topics of discussion for word processing, spreadsheets, database management and computer architecture.
Textbook: Computers in Your Future, 5th edition
ISBN#: 0-13-035468-6
ACCT 30101 Principles of Accounting I
This course provides an introduction to the basic concepts and practical procedures of accounting. Also, the uses of accounting information
and financial data for managerial decision making.
Textbook: Accounting: The Basis for Business Decisions, 12th edition
ISBN#: 0-07-239688-1
ECON 30101 Principles of Economics
An introductory course that serves to acquaint the student with micro and macro economics, concepts and their applications, supply and
demand functions of price, unemployment, inflation, and fiscal policy.
Textbook: Economics, 15th edition
ISBN#: 0-07-234036-3

The Master in International Business (MIB) program has an exclusive international focus and is designed to enable graduates to operate successfully in positions of managerial responsibility in global corporations. The thirty (30) credit curriculum combines quantitative and basic business skills (12 credit hours) needed for sound decision-making with an international business core (18 credit hours) to provide students with a uniquely global perspective. Pre-requisites may apply. Cross-cultural management skills, regional business practices and an international business internship/field experience are essential components of the program.

To earn the Master in International Business degree, the student must successfully complete:
Management-related courses
12 Credits

Required International Business Courses
15 Credits

International Business Electives
3 Credits

TOTAL Degree Program Requirements
30 Credits

An additional three preparatory courses might be required to provide the needed base skills for those students who have not successfully completed the following undergraduate equivalencies: 6 credits in accounting (3 credits in Accounting Principles I, and 3 credits in Accounting Principles II), 6 credits in economics (3 credits in Micro-economics, and 3 credits in Macro-economics), and 3 credits in business statistics. Preparatory courses are offered in two formats: traditional classroom format with three (3) semester hours of credit each, and an alternative one (1) semester hour, self-paced independent study format.

Students are required to maintain a 3.0 (B) cumulative grade point average at all times for continuation in the program. Failure to register for two consecutive semesters/terms results in withdrawal from the University. Passing a Comprehensive Examination is required for graduation. All graduate academic policies apply.

MIB Course Requirements (30 credits)
Preparatory Courses (if required)
ACC(BUS)
530 or
Essentials of Accounting
3

ACC
500
Fundamentals of Accounting
1

ECO(BUS)
531 or
Essentials of Economics
3

ECO
500
Fundamentals of Economics
1

BUS
532 or
Statistical Analysis for Management
3

BUS
500
Fundamentals of Statistics
1

General Requirements (12 credits)

MAN
510
Management Ethics
3

ECO
534
Managerial Economics for Business Decision Making
3

ACC/BUS
770
Managerial Accounting
3

BUS
533
Quantitative Methods for Business
3

International Business Core (18 credits)
Required (15 credits)
BUS
671
International Economics
3

BUS
775
International Business
3

BUS
672
Multinational Marketing Concepts & Strategies
3

BUS
780
Regional Business Environment
3

BUS
795
International Management
3

Electives (3 credits)
BUS
792
International Business Internship & Field Exp. *
3

BUS
771
International Business Law
3

FIN/BUS
772
International Finance & Banking
3

BUS
508
International Accounting
3

BUS
774
Issues and Applications in Import/Export
3

*Credits for the optional course BUS 792, International Business Internship/ Field Experience, can be obtained by either completing a business internship with a multinational firm or by attending approved course work at overseas institutions.

The Bachelor of Arts in International Relations is a three year program that prepares and encourages students to recognize, analyze and evaluate the role of major players, structures and processes in business and politics. It will also help students understand some of the forces affecting our lives within our rapidly globalizing, interdependent world. Learning how to analyze information gathered from reliable sources is essential to the major. Students will also learn how to effectively share insights and analysis with others. The international relations major is traditionally considered excellent training for careers in government and the diplomatic service, international organizations, non-governmental organizations and law. However, it also provides a good foundation for understanding current affairs and can help prepare students for many professions.

SEMESTER ONE

BCO111 - Foundations of Business Management (3)
BCO112 - Writing Communication Skills (3)
BCO113 - Accounting I (3)
BCO114 - Computer Literacy & Introduction to Internet (3)
BCO115 - Introduction to Marketing (3)
BCO116 - Micro Economics (3)
BCO117 - Elementary Calculus (2)
BCO118 - Financial Markets (2)

SEMESTER TWO

BCO121 - Business & Society (3)
BCO122 - Oral Communication Skills (3)
BCO123 - Accounting II (3)
BCO124 - Macro Economics (3)
BCO125 - Business Law (3)
BCO126 - Mathematics of Finance (2)
BCO127 - Elementary Statistics (2)
BCO128 - Advertising & Media (2)
Industrial Visits (1)

SEMESTER THREE

BCO211 - Marketing Management (3)
BCO212 - Business Finance I (3)
BCO213 - Human Resources Management (3)
BCO214 - Production Management (3)
BCO215 - Entrepreneurship & New Venture Creation (3)
BCO216 - Management Information Systems (3)
BIR211 - Cross-Cultural Business Issues (2)
BIR212 - International Relations (2)

SEMESTER FOUR

BCO221 - Strategic Marketing (3)
BCO222 - Business Finance II (3)
BCO223 - Global Economics (3)
BCO224 - Consumer Behavior (2)
BCO225 - Sales & Purchasing Management (2)
BIR221 - European Business (2)
BIR222 - Political Science (2)
BIR223 - International Organizations (2)
BIR224 - Diplomacy & Foreign Policy (2)
Industrial Visits (1)

SEMESTER FIVE

BCO311 - Global Business & Marketing (3)
BCO312 - Financial Statement Analysis (3)
BCO313 - Small Business Management (3)
BCO314 - Negotiation (3)
BCO315 - Corporate Finance (2)
BCO316 - Industrial Marketing (2)
BIR311 - Global Economic Geography (2)
BIR312 - Theories of International Relations (2)
BIR313 - Conflict Resolutions (2)

SEMESTER SIX

BCO321 - Business Policy & Strategic Management (3)
BCO322 - Budgeting & Control (3)
BCO323 - Organizational Communication (2)
BCO324 - Cases in Marketing (2)
BIR321 - Cases in International Relations (2)
BIR322 - Modern Diplomacy (2)
BIR323 - Development Studies (2)
BIR324 - International Law (2)
BIR325 - International Peace & Security (2)

FIRST YEAR
Fall Semester
BUAD 1000 Orientation to Business 1
ENGL 1110 College Composition I 3
MATH 1260 Calculus with Business
Application I 3
BUAD 1010 Intro to Business 3
Humanities Elective or Foreign
Language Elective** 3
Social Science Elective 3
Total 16 hrs.
Spring Semester
ENGL 2960 Organiz Report Writing 3
MATH 1270 Calculus with Business
Application II 3
BUAD 1020 Micro-Computer
Applications 3
ECON 1150 Intro to Macro Economics 3
Natural Science Lecture Elective 3
Natural Science Lab Elective 1
Total 16 hrs.
SECOND YEAR
Fall Semester
BUAD 2040 Financial Accounting Info 3
BUAD 2060 Data Analysis for Business 3
ECON 1200 Intro to Micro Economics 3
Humanities Elective 3
Non-Business Elective or Foreign
Language Elective** 4
Total 16 hrs.
Group campus tours are available Monday through Friday
at 10:30 a.m. or 2:30 p.m., and on Saturday at 11:15
a.m., year round, with the exception of national holidays.
Individual admission appointments are available by
request. Individualized college or department visits are
also available weekdays at 1:15 p.m. by appointment.
utoledo.edu/admission/campusvisit
800.5TOLEDO
*Sample curriculum is subject to change. Please consult the department for up-to-date information.
For more detailed program requirements, visit catalog.utoledo.edu.
**Foreign language profi ciency through level 2150 required. See adviser for more information.
For more information about
International Business, contact:
Dr. Anthony Koh, Chair
Department of Marketing and
International Business
College of Business Administration
The University of Toledo
Toledo, OH 43606-3390
419.530.2093

Spring Semester
BUAD 2000 Career Development I 1
BUAD 2050 Acct for Decision Making 3
BUAD 2070 Application of Statistics 3
BUAD 2080 Global Environment of
Business 3
Multicutural U.S. Diversity Elective 3
Natural Science Lecture Elective 3
Total 16 hrs.
THIRD YEAR
Fall Semester
BUAD 3000 Career Development II 1
BUAD 3010 Principles of Marketing 3
BUAD 3470 Legal Environment of
Business 3
BUAD 3030 Managerial & Behavioral
Process 3
BUAD 3040 Principles of Financial
Management 3
COMM 3880 Professional Business
Communication 3
Total 16 hrs.
Spring Semester
BUAD 3020 Mfg & Service Systems 3
BUAD 3050 Info Tech Management 3
IBUS 3150 Major Elective and
Multicultural Non-Western 3
IBUS 3600 International Management 3
Business Elective/Minor Elective 3
Non-Business Elective** 1
Total 16 hrs.
FOURTH YEAR
Fall Semester
FINA 3500 International Finance 3
MKTG 3140 International Marketing 3
International Business Electives 6
Business Elective/Minor Elective 3
Non-Business Elective or Foreign
Language Elective** 3
Total 18 hrs.
Spring Semester
IBUS 4940 Approved Internship,
Study Abroad or Business Sub 3
BUAD 4020 Senior Bus Policy Forum 3
IBUS 4360 Global Strategic Mgmt 3
Business Elective/Minor Elective 3
Non-Business Elective or Foreign
Language Elective** 3
Total 15 hrs.

Key Facts

Faculty Faculty of Business and Economics (FB I)
Degree B. A. (Bachelor of Arts)
Structure Full-time
Start Every winter and summer semester
Programme Intake 35 students per semester
Duration 8 semesters
Accreditation In the accreditation process at present.

Career prospects

A successful International Business Management degree provides an excellent springboard for a career in companies and organisations active in an international environment. Graduates can expect to be applying for position in Marketing or Finance and Accounting.

Programme Details

The International Business Management programme combines classic business administration skills with international and intercultural content. This international focus is similarly evident in the language of instruction, with all lectures and seminars held in English throughout the entire programme. In addition, students have a second language elective running parallel to the economics and business modules. The language elective (French, Spanish, Russian or Chinese) comprises 24 teaching hours per semester (SWS) and aims to help students reach the level of independent users by the end of the programme.

Part One lasts three semesters. Students are taught in internationally-mixed groups at the Berlin School of Economics (FHW Berlin) where they not only learn the fundamentals of business administration but also the principles underlying other disciplines such as macro-economics, law and the social sciences. In Part Two, the focus on business strategy and the specialised area offers a solid preparation for working in an international company or organisation. During this phase, students also select either the Marketing or Finance and Accounting streams.

The elective language skills continue to be further honed and expanded. During the 5th and 6th semesters, students attend one of the Berlin School of Economics (FHW Berlin) partner universities, a choice of over 60 partners worldwide. Afterwards, they have a supervised work practice semester in an internationally-oriented company based either in Germany or abroad. The eighth and final semester is for preparing the dissertation at the Berlin School of Economics (FHW Berlin).
Language of Instruction English
Location Berlin
Study Abroad 5th and 6th semesters at a Berlin School of Economics (FHW) partner university
Supervised Work Experience 7th semester, either in Germany or abroad
Cooperations Partner Universities
Research projects
Contacts to industry (series of events, work experience)

Admission Requirements and Selection Procedure
Admission Requirements
Academic qualifications meeting the general requirements for admission to a University or University of Applied Sciences, or professional qualifications allowing University admission as specified in §11 of the Law on Institutions of Higher Education in the State of Berlin (Berliner Hochschulgesetz ‑ BerlHG)
Excellent English skills
Basic skills in a second language (French, Spanish, Russian or Chinese); foreign applicants need to provide evidence of good German language skills
Application Period
Winter Semester Summer Semester
1 June – 15 July 1 Dec- 15 Jan
EU Applicants
(except Germany) Until 15 June Until 15 December
Non-EU Applicants Until 30 May Until 15 November

Fees and Bursaries

Semester fee (at present) € 241.68 per semester (incl. local transport semester ticket)
Tuition fees None
Bursaries It may be possible to apply for a BaföG grant.

Faculty

Susan Trussler, Ph.D., Program Director
Overview

The major in International Business is an interdisciplinary program designed for those Business students who seek an understanding of the complex world within which multinational corporations, national and international agencies, and individuals interact. In the 21st century all business activities are becoming more and more international in nature; it is imperative that those who wish to succeed in this international setting have a clear understanding not only of the theory and practice of the core business disciplines, but also of their interaction with the geographic, cultural, and political environments within which multinational corporations operate, and international trade and investment occur. This major is designed to prepare students who wish to work in the international arena – either overseas or in the United States.
International Business Curriculum
Dept. and No. Descriptive Title of Course Credits
FIRST YEAR FALL SPRING
GE S/BH ECO 153-154 Prin. of Micro - Macro Economics 3 3
GE SPCH-WRTG COMM 100 - WRTG 107 Public Speaking - Composition 3 3
GE PHIL PHIL 120 2 Introduction to Philosophy 3
GE C/IL C/IL 104 Computing and Information Literacy 3
GE QUAN MATH ELECT 1 Math Option (2 courses) 3-4 3-4
GE HUMN HUMN ELECT World Languages and Cultures Electives 3 3
GE FSEM-PHED INTD 100 - PHED ELECT Freshman Seminar - Physical Education 1 1
16-17 16-17
SECOND YEAR
BUS CORE ACC 253-254 Financial - Managerial Accounting 3 3
BUS CORE STAT 251-252 Statistics for Business I-II 3 3
BUS CORE MGT 251 Legal Environment of Business 3
GE PHIL PHIL 210 Ethics 3
GE T/RS T/RS 121-122 Theology I-II 3 3
GE NSCI NSCI ELECT 3 Natural Science Electives 3 3
GE ELECT ELECT 5 World Languages and Cultures Electives 3 3
18 18
THIRD YEAR
MAJOR IB ELECT 4 Advanced IB Electives 6
BUS CORE MGT 351-352 Principles of Management I-II 3 3
BUS CORE MKT 351 - FIN 351 Intro. to Marketing - Intro. to Finance 3 3
BUS CORE OIM 351 - OIM 352 Intro. to Mgt. Science - Intro. to Oper Mgt. 3 3
BUS CORE ECO/IB 351 Environment of Intl. Business 3
GE PHIL-T/RS PHIL or T/RS ELECT Philosophy or T/RS Elective 3
GE HUMN HUMN ELECT Regional/Global Electives 3 3
18 18
FOURTH YEAR
MAJOR IB ELECT 4 Advanced IB Electives 6 6
BUS CORE MGT 455 Business Policy & Strategy 3
BUS CORE OIM 471 Business Information Management 3
GE ELECT ELECT 6 Regional/Global Electives 3 3
GE ELECT ELECT 3,5 Free Electives (3) (3)
GE PHED PHED ELECT Physical Education 1 1
13 (16) 13 (16)
Total: 130-132 (136-138) Credits 5
1 Two math options are available to Business majors:
Option I* (six credits): MATH 107 (Quantitative Methods II); MATH 108 (Quantitative Methods III)
Option II* (eight credits): MATH 114 (Analysis I); MATH 221 (Analysis II)

Both options cover the topics of calculus. Option I takes an applied approach; Option II a theoretical approach.

*Students are tested for math placement during summer orientation. On the basis of these tests and their high school background it will be recommended that some students take Option II, especially if they expect to pursue graduate studies. The majority of students will be placed in Option I, and may also be required to take MATH 106 (Quantitative Methods I) as a prerequisite to taking MATH 107.

2 If EDUC 113 is required, it is taken in place of PHIL 120. C/IL 104 is then moved to the spring of the first year. PHIL 120 will be taken in the second year.

3 If a third math course is required, GE electives are moved from the fourth to the second year. The NSCI sequence is moved to the fourth year.

4 Four of the five functional international business courses and two electives from IB 476, 490, ECO 366, 465 or the the fifth functional IB course.

5 For students requiring EDUC 113 and a third math course, 6 additional credits are needed to complete the foreign-language requirement.

6 Global Studies electives include GEOG 134 (recommended), PS 212, PS 213, T/RS 314. Regional Studies electives are courses that focus on specific countries or regions of the world (not U.S.), including culture courses taught in a foreign language.