International Business Degrees Online

Because a quarter of the United States’ gross national product results from international trade, companies are increasingly seeking business graduates who understand how differences in language, economics, politics, cultural structures, attitudes toward work and social interaction in the workplace affect business globally.

Business graduates who can speak a foreign language, have knowledge of international issues affecting business and have spent time in a foreign country will be increasingly sought out by employers for positions in the U.S. and abroad.

International business majors also learn business foundations for careers in human resources, sales and marketing, management, economics and finance. International business graduates may seek careers in the U.S. government, multinational corporations, foreign banks, international investments, import/export firms, international law firms, global non-profit organizations and world missions.

The Loyola international business major also is solid preparation for graduate study in business. The Chicago metropolitan area is a center of global commerce, including more than 300 U.S. and 40 foreign bank branches, some of the country’s largest venture capital firms, the Chicago Board of Trade, the Chicago Mercantile Exchange, the Chicago Board Options Exchange, 107 corporate headquarters (second only to New York) and 30 Fortune 500 companies. The city also is North America’s largest convention center and the third-largest high-tech center in the U.S.

All SIU locations are ideal for SIU’s graduate programs in international business administration. They offer accessibility to regional and world headquarters of numerous multinational corporations and the wealth of information available in public libraries, embassies, high commissions and various international organizations makes important contributions to SIU’s programs of study in business. Course work for the Master of Business Administration degree concentrates on the more detailed aspects of international marketing, management, finance and economics. Degree requirements have been designed to provide practical knowledge and training for future business executives.

The 45-semester-credit program leading to the MBA degree in International Business may be completed during two semesters and one summer session on a full-time basis, or in a minimum of two years on a part-time basis if students have undergraduate business studies. Students may transfer from one campus to the other and complete their degree requirements. Students with bachelor’s degrees in other fields may complete MBA preparatory courses, receiving an MBA degree in one and a half years, completing 51 credits.

Admission

Completion of one of the following:
a Bachelor of Business Administration (BBA) degree or its equivalent
a Bachelor’s degree, or its equivalent, with a major in business studies or economics, provided that core courses in the following areas have been completed: Economics, Statistics, Business Law, Marketing, Management,and Accounting
Or completion of a Bachelor’s degree, or its equivalent, in a non-business field, followed by a postgraduate diploma in business, which fulfils the requirements of the MBA preparatory program at Schiller or its equivalent elsewhere, or by undergraduate or graduate core courses in the above listed areas. For admission to the part-time MBA program on weekends at the Strasbourg campus candidates must be local residents and must have been employed full-time.

Graduation Requirements
In addition to the graduation requirements for all graduate students (see “Graduate Academic Regulations”), candidates for the Master of Business Administration degree in International Business must complete the following requirements:
A minimum of 45 semester credits at the graduate level, composed of courses listed in the link below or acceptable substitutes approved by the Program Advisor must be fulfilled. Graduate courses in the following seven core subject areas must be successfully completed: finance, advanced accounting, international management, international marketing, production management, methods of research and analysis, and a capstone course. Students who have not had information technology coursework will be required to take an IT course. These course requirements are listed in the download link below.
A final oral comprehensive examination or, subject to the decision of the Program Advisor, a thesis requiring a formal oral defense in lieu of the comprehensive examination. The thesis is in addition to the 45 credit requirement. Distance learning students may petition to take their comprehensive exam in written form.
Submission of score on Graduate Management Admissions Test (GMAT).Please note that an official copy of the GMAT score, which we must receive directly from ETS, is required for graduation. Schiller International University’s official school GMAT number is 0835. Students are responsible for the costs associated with the test.

How will economic globalization, the rise of Islamic fundamentalism, the emergence of the U.S. as the world’s sole superpower, or the growth of the European Union shape the future? The field of international relations seeks to answer those questions by exploring the behavior of governments, sub-national groups seeking independence or autonomy, international institutions like the United Nations, multinational corporations, and non-governmental organizations like Amnesty International.

International relations majors investigate the rich complexity of relationships — political, economic, historical, geographic, and cultural — among these actors, and how those relationships shape the world in which we live.

Department of Management / International Trade Program
FRESHMAN YEAR
Fall Term
(Semester 1) Hours Credit Type Spring Term
(Semester 2) Hours Credit Type
POLS 101 Introduction to Political Science 3+0+0 3 6 SS MAN 102 Principles of Management 3+0+0 3 6 SS
ECO 101
Introduction to Economics I 3+0+0 3 6 SS ECO 102 Intro to Economics II 3+0+0 3 6 SS
MATH 103 Mathematics I 3+0+0 3 5 S MATH 104 Mathematics II 3+0+0 3 5 S
ENG 101 English I
3+0+0 3 5 L ENG 102 English II
3+0+0 3 5 L
IT 101 Introduction to Computing 3+0+0 3 5 S HSS 140 Introduction to Sociology 3+0+0 3 5 H
TUR 101 Turkish I
2+0+0 2 3 H TUR 102 Turkish II
2+0+0 2 3 H
semester credits 17 30 semester credits 17 30
SOPHOMORE YEAR
Fall Term
(Semester 3)
Hours
Credit
Type
Spring Term
(Semester 4)
Hours
Credit
Type

ECO 201 Microeconomics 3+0+0 3 6 D1 ECO 202 Macroeconomics 3+0+0 3 6 D1
MAN 211 Financial Accounting 3+0+0 3 6 D1 MAN 202 International Business 3+0+0 3 5 D1
MATH 231 Statistics I 3+0+0 3 5 S Complementary Elective 3+0+0 3 5 C
MAN 231 Introduction to Law 3+0+0 3 5 D1 MAN 232 Business Law 3+0+0 3 5 D1
HSS Elective 3+0+0 3 5 H HSS Elective 3+0+0 3 5 H
HIST 101 Hist. of Turkish Republic I 2+0+0 2 3 H HIST 102 Hist. of Turkish Republic II 2+0+0 2 4 H
semester credits 17 30 semester credits 17 30
JUNIOR YEAR
Fall Term
(Semester 5)
Hours
Credit
Type
Spring Term
(Semester 6)
Hours
Credit
Type

MAN 321 Business Finance 3+0+0 3 6 D1 MAN 326 Risk Management and Insurance 3+0+0 3 4 D1
ECO 316 Global Economic Issues 3+0+0 3 6 D1 MAN 386 Inter.Transportation and Logistics 3+0+0 3 4 D1
MAN 441 International Marketing 3+0+0 3 6 D1 MAN 391 Multinational Corporations 3+0+0 3 5 D1
Departmental Elective 3+0+0 3 7 D2 Departmental Elective 3+0+0 3 7 D2
Complementary Elective 3+0+0 3 5 C Complementary Elective 3+0+0 3 5 C
Free Elective 3+0+0 3 5 F
semester credits 15 30 semester credits 18 30
SENIOR YEAR
Fall Term
(Semester 7)
Hours
Credit
Type
Spring Term
(Semester
Hours
Credit
Type

MAN 445 Foreign Trade Management 3+0+0 3 7 D1 MAN 473 Business Project Management 3+0+0 3 7 D1
MAN 422 International Finance 3+0+0 3 6 D1 MAN 478 Seminar in Int. Trade 3+0+0 3 6 D1
Departmental Elective 3+0+0 3 7 D2 Departmental Elective 3+0+0 3 7 D2
Complementary Elective 3+0+0 3 5 C Complementary Elective 3+0+0 3 5 C
Complementary Elective 3+0+0 3 5 C Free Elective 3+0+0 3 5 F
semester credits 15 30 semester credits 15 30
TOTAL CREDITS = 131 (240 ECTS)

D2 Departmental electives
3 CREDITS = 7 ECTS
Hours Credit ECTS
MAN 301 Industrial Relations 3+0+0 3 7
MAN 311 Financial and Cost Accounting 3+0+0 3 7
MAN 352 Management Information Systems 3+0+0 3 7
MAN 361 Business Over Internet 3+0+0 3 7
MAN 371 Strategic Management 3+0+0 3 7
MAN 372 Total Quality Management 3+0+0 3 7
MAN 381 Business Strategies 3+0+0 3 7
MAN 382 Strategic Marketing 3+0+0 3 7
MAN 392 Management Consultancy 3+0+0 3 7
ECO 311 International Economics 3+0+0 3 7
ECO 401 Economics of the EU 3+0+0 3 7
EC0 470 Economics of East Asia 3+0+0 3 7
ECO 471 Economics of Latin America 3+0+0 3 7
ECO 472 Economics of the Middle East 3+0+0 3 7

C Complementary courses
3 CREDITS = 5 ECTS
ECTS
MAN 411 B2B Marketing 3+0+0 3 5
MAN 412 Portfolio Management 3+0+0 3 5
MAN 421 Financial Institution Management 3+0+0 3 5
MAN 422 International Finance 3+0+0 3 5
MAN 431 Public Finance 3+0+0 3 5
MAN 432 Sales Management 3+0+0 3 5
MAN 441 International Marketing 3+0+0 3 5
MAN 442 CRM Dynamics 3+0+0 3 5
MAN 451 Current Issues in Social Security 3+0+0 3 5
MAN 452 Auditing 3+0+0 3 5
MAN 461 Cost Accounting 3+0+0 3 5
MAN 462 Inflation Accounting 3+0+0 3 5
MAN 471 Labor Law 3+0+0 3 5
MAN 472 Managerial Decision Making 3+0+0 3 5

All courses offered by the Departments of Economics and International Relations

The rapid growth of international trade and economic relations in today’s world has thrown doors open to highly rewarding job opportunities for graduates of and experts in international trade and business. This program is designed for students to become familiar with international trade and business on a solid base of management, marketing, accounting and finance.

The program will help students explore globalization trends, international trade theories, regulations affecting trade, regional economic integration and the impact that these factors have on international business. Furthermore it will familiarize students with the basic practice of import and export transactions. The curriculum includes basic courses in management, marketing, finance and accounting. In addition to these courses, the program entails courses like international marketing, international finance, multinational corporations, risk management and insurance, international transportation and logistics business project management and regional economic issues.

The 45-credit MBA degree program in International Business can be completed within two semesters and a summer session on a full-time basis, or in two years on a part-time basis if students have their undergraduate in business studies. Coursework for the Master of Business Administration degree emphasizes the detailed aspects of international marketing, management, finance, and economics.

All Schiller locations are ideal for Schiller’s graduate programs in International Business Administration. They offer accessibility to regional and world headquarters of numerous multinational corporations. The wealth of information available in public libraries, embassies, high commissions, and various international organizations makes important contributions to Schiller’s programs of study in business. Coursework for the Master of Business Administration degree emphasizes the detailed aspects of international marketing, management, finance, and economics. Degree requirements have been designed to provide practical knowledge and training for future business executives.

Offered at the following campuses: Florida, London, Paris, Madrid, Leysin, Heidelberg, Schiller Online

Admission Requirements:

Bachelor of Business Administration (BBA) degree (or its equivalent).
Bachelor’s degree with a major in business studies or economics, provided that core courses in the following areas have been completed: economics, statistics, business law, marketing, management, and accounting.
Completion of a Bachelor’s degree in a non-business field, followed by a post-bachelor’s study in business. For admission to the part-time MBA program on weekends at the Strasbourg campus, candidates must be local residents and must be employed full-time.
Students should have a proficient level of English competence, both orally and written. English as a Foreign Language courses are offered to prepare those students who may need them for this program. A TOEFL score of 550 is expected.

Graduation Requirements:
In addition to the graduation requirements for all graduate students, candidates for the Master of Business Administration degree in International Business must complete the following:

45 semester credits at graduate level, composed of courses listed at the link below.
Graduate courses in the following seven core subject areas must be successfully completed: finance, advanced accounting, international management, international marketing, production management, methods of research and analysis, and a capstone course.
Students who did not complete information technology coursework will be required to take an IT course. These course requirements are listed in the downloadable document below.
Either a final comprehensive examination or, subject to the decision of a program advisor, a thesis requiring a formal oral defense in lieu of the comprehensive examination. The thesis is in addition to the 45-credit requirement. The thesis option is not available to Schiller Online students. An official copy of the GMAT score must be received directly from ETS and is required for graduation. Students are responsible for the costs associated with the test.

Special Note for GMAT Scores:

The GMAT group assigned the following numbers for students to use in reporting the scores.

Florida Campus…………………………………. Z9B-VF-57
London Campus………………………………… Z9B-QT-39
Paris & Strasbourg Campuses …………….. Z9B-LV-96
Heidelberg Campus……………………………. Z9B-7W-29
Madrid Campus…………………………………. Z9B-6J-06
Leysin Campus………………………………….. Z9B-Z8-78

Department of Management / International Trade Program
FRESHMAN YEAR
Fall Term
(Semester 1) Hours Credit Type Spring Term
(Semester 2) Hours Credit Type
POLS 101 Introduction to Political Science 3+0+0 3 6 SS MAN 102 Principles of Management 3+0+0 3 6 SS
ECO 101
Introduction to Economics I 3+0+0 3 6 SS ECO 102 Intro to Economics II 3+0+0 3 6 SS
MATH 103 Mathematics I 3+0+0 3 5 S MATH 104 Mathematics II 3+0+0 3 5 S
ENG 101 English I
3+0+0 3 5 L ENG 102 English II
3+0+0 3 5 L
IT 101 Introduction to Computing 3+0+0 3 5 S HSS 140 Introduction to Sociology 3+0+0 3 5 H
TUR 101 Turkish I
2+0+0 2 3 H TUR 102 Turkish II
2+0+0 2 3 H
semester credits 17 30 semester credits 17 30
SOPHOMORE YEAR
Fall Term
(Semester 3)
Hours
Credit
Type
Spring Term
(Semester 4)
Hours
Credit
Type

ECO 201 Microeconomics 3+0+0 3 6 D1 ECO 202 Macroeconomics 3+0+0 3 6 D1
MAN 211 Financial Accounting 3+0+0 3 6 D1 MAN 202 International Business 3+0+0 3 5 D1
MATH 231 Statistics I 3+0+0 3 5 S Complementary Elective 3+0+0 3 5 C
MAN 231 Introduction to Law 3+0+0 3 5 D1 MAN 232 Business Law 3+0+0 3 5 D1
HSS Elective 3+0+0 3 5 H HSS Elective 3+0+0 3 5 H
HIST 101 Hist. of Turkish Republic I 2+0+0 2 3 H HIST 102 Hist. of Turkish Republic II 2+0+0 2 4 H
semester credits 17 30 semester credits 17 30
JUNIOR YEAR
Fall Term
(Semester 5)
Hours
Credit
Type
Spring Term
(Semester 6)
Hours
Credit
Type

MAN 321 Business Finance 3+0+0 3 6 D1 MAN 326 Risk Management and Insurance 3+0+0 3 4 D1
ECO 316 Global Economic Issues 3+0+0 3 6 D1 MAN 386 Inter.Transportation and Logistics 3+0+0 3 4 D1
MAN 441 International Marketing 3+0+0 3 6 D1 MAN 391 Multinational Corporations 3+0+0 3 5 D1
Departmental Elective 3+0+0 3 7 D2 Departmental Elective 3+0+0 3 7 D2
Complementary Elective 3+0+0 3 5 C Complementary Elective 3+0+0 3 5 C
Free Elective 3+0+0 3 5 F
semester credits 15 30 semester credits 18 30
SENIOR YEAR
Fall Term
(Semester 7)
Hours
Credit
Type
Spring Term
(Semester
Hours
Credit
Type

MAN 445 Foreign Trade Management 3+0+0 3 7 D1 MAN 473 Business Project Management 3+0+0 3 7 D1
MAN 422 International Finance 3+0+0 3 6 D1 MAN 478 Seminar in Int. Trade 3+0+0 3 6 D1
Departmental Elective 3+0+0 3 7 D2 Departmental Elective 3+0+0 3 7 D2
Complementary Elective 3+0+0 3 5 C Complementary Elective 3+0+0 3 5 C
Complementary Elective 3+0+0 3 5 C Free Elective 3+0+0 3 5 F
semester credits 15 30 semester credits 15 30
TOTAL CREDITS = 131 (240 ECTS)

D2 Departmental electives
3 CREDITS = 7 ECTS
Hours Credit ECTS
MAN 301 Industrial Relations 3+0+0 3 7
MAN 311 Financial and Cost Accounting 3+0+0 3 7
MAN 352 Management Information Systems 3+0+0 3 7
MAN 361 Business Over Internet 3+0+0 3 7
MAN 371 Strategic Management 3+0+0 3 7
MAN 372 Total Quality Management 3+0+0 3 7
MAN 381 Business Strategies 3+0+0 3 7
MAN 382 Strategic Marketing 3+0+0 3 7
MAN 392 Management Consultancy 3+0+0 3 7
ECO 311 International Economics 3+0+0 3 7
ECO 401 Economics of the EU 3+0+0 3 7
EC0 470 Economics of East Asia 3+0+0 3 7
ECO 471 Economics of Latin America 3+0+0 3 7
ECO 472 Economics of the Middle East 3+0+0 3 7

C Complementary courses
3 CREDITS = 5 ECTS
ECTS
MAN 411 B2B Marketing 3+0+0 3 5
MAN 412 Portfolio Management 3+0+0 3 5
MAN 421 Financial Institution Management 3+0+0 3 5
MAN 422 International Finance 3+0+0 3 5
MAN 431 Public Finance 3+0+0 3 5
MAN 432 Sales Management 3+0+0 3 5
MAN 441 International Marketing 3+0+0 3 5
MAN 442 CRM Dynamics 3+0+0 3 5
MAN 451 Current Issues in Social Security 3+0+0 3 5
MAN 452 Auditing 3+0+0 3 5
MAN 461 Cost Accounting 3+0+0 3 5
MAN 462 Inflation Accounting 3+0+0 3 5
MAN 471 Labor Law 3+0+0 3 5
MAN 472 Managerial Decision Making 3+0+0 3 5

Program Description:
The program began from 1995. With the rapid growth of China’s international trade, more and more students are applying for this program from home and abroad. The courses are designed to improve students’ understanding of international trade theories and practices. Students are encouraged to study China’s cases on the basis of economic theories. International students are required to learn the Chinese language and culture, Chinese business practices, China?¡¥s trade history and policies, and Chinese business law and so on.

Research areas:
International trade theories and practices, with the focus on the study of China’s international trade and the economic relations between China and its major trading partners, and the exploration of the causes of China’s international development and growth.

International finance and investment with the focus on financial systems, FDI and economic development.
Compulsory Courses:
Intermediate Macroeconomics
Intermediate Microeconomics
Econometrics and Related Software.
International economics
International trade theories
International trade practices

Elective Courses:
Game Theory
International marketing
Investment theory
Presentations on world economy
Theories of multinational corporations
International trade practices
FDI
e-Commerce

Learn How to Successfully Manage Business in a Global Environment
What Is International Business?

International business focuses on the challenges of managing businesses in diverse legal, political, economic, and cultural environments.
Why Study International Business?
Economies of countries are becoming more and more interdependent
Companies now have to deal, either voluntarily or involuntarily, with international issues
Successful businesses are aware of events, cultures, and regulations outside their own

In light of this, it is crucial that managers have a global perspective on business and a good understanding of the information technology infrastructure needed to conduct business on an international scale.
Bachelor of Science (B.S.) in International Business

The International Business major prepares you for the increasingly competitive and interdependent international business world. This program emphasizes strategic planning and decision-making for the international operations of domestic, foreign, and multinational corporations.

Exploring business issues from different cultural perspectives, you will learn how differences in attitudes, lifestyles, and social values within and between countries impact organizations. This understanding of cultural influence on the perception of ethics and social responsibility will help you as a manager effectively deal with ethical dilemmas.
Our International Business Major Allows You To:
Assess the causes and consequences of globalization
Appreciate the impact of political stability and instability in the world on business decisions
Examine the consequences of investment flows between countries and assess the risks associated with exchange rate fluctuations
Compare different strategies used to enter overseas markets such joint ventures, strategic alliances and multinational production
Understand the effect of cultural exports on local societies and the ethical issues involved
Learn how regional economic groupings affect the way international business organizations market their products
Appreciate the impact that international laws; such as consumer laws, international standards, restrictions on commercial practice and international trading laws; have on international business organizations

International Business concerns itself with management practices around the world, international behavior, and problems in multinational corporations. Analysis of operations in foreign social, political, and economic environments. Study of management functions, organizations, structure, politics, policies and practices of international enterprises.

The curriculum is designed to prepare students for careers in:
Import/Export Operations
International Banking
Management Training for Multinational
International Finance Corporations
International Marketing
Government Service
International Non-Profit
International Human Resources Management
Organizations Customs Brokerage
International Logistics and Transportation
International Insurance