& Student Handbook - Saint Mary's University of Minnesota

Master Degree Programs 175
Required Course Descriptions
MIB510
International Business Environments (3 cr.)
This course provides an introduction to the fundamentals and essential
components of international business and the environments in which it is
conducted. It examines theory and practice of elements that comprise
the international environment within the global marketplace. The innerworkings
of international business operations through the study of key
issues facing international businesses are emphasized.
MIB519
Global Religions and Belief Systems (3 cr.)
This course examines beliefs and practices of religious traditions around
the world and the effect they have upon culture, geopolitics and
business. Students examine and analyze the major religions of the world
such as Islam, Christianity, Judaism, Taoism, Buddhism, Hinduism, and
Confucianism, their differences, similarities, and how practice of these
religions impacts today’s world.
MIB520
Accounting Information for Global Decision Making (3 cr.)
This course examines the evolving nature of managerial accounting
practice in a rapidly changing global environment. Special consideration
is given to unique problems faced by international businesses with
respect to utilizing accounting information to develop and utilize effective
financial accounting and reporting systems. The latest theoretical and
technical innovations in accounting and reporting from around the world
are examined.
MIB525
International Economics and Finance (3 cr.)
This course provides a comprehensive overview of the international
economic and financial systems impacting global business today. Topics
in international economics include: the foundation of modern trade
theory, impact of tariff and non-tariff barriers, labor and capital mobility,
trading blocks and protectionism. Topics in international finance include
balance of payments, foreign exchange systems, exchange-rate
determination, managing currencies, international banking and the
international monetary system. This course analyzes the theories and
models which apply to an economy’s global trade and monetary
relationships.
MIB530
International Marketing (3 cr.)
This course examines the various political, legal, economic and cultural
systems and their effect on global marketing of products and services by
focusing on product, pricing, promotion, and distribution decisions. The
development of critical thinking and problem-solving skills through the
application of international marketing theories/practices to various
business scenarios will help the students gain an understanding of the
issues and the practice of managing international marketing activities.
Major marketing principles and strategies are explored as they apply to
the global marketplace.
MIB532
Entrepreneurship (1 cr.)
This course examines characteristics of contemporary entrepreneurship
domestically and globally. Critical factors in the entrepreneurial business
process such as: identifying new opportunities, financing a new venture,
development and evaluation of a business plan from a strategic
perspective and utilizing alternative forms for establishing a business are
explored.
MIB535
International Business Law (3 cr.)
This course utilizes a managerial approach to understanding important
legal and regulatory issues confronting the international business and its
transactions. It examines the making of international law, dispute
resolution and jurisdiction. In particular, this course examines the major
intergovernmental organizations and regional agreements that regulate
and promote international business. In addition, the interrelationships
between different legal systems and the resulting effect on individuals
and organizations are examined from a comparative and multicultural
perspective.
MIB545
International Political Economy (3 cr.)
This course provides a framework for identification and analysis of the
international political and economic issues that make up the international
business environment. The international political economy is examined in
light of national economies, political and demographic trends, social issues
and the relationship between power and wealth. Ways in which political,
economic, cultural, and religious forces and tensions affect international
business are emphasized. The course identifies political forces that affect
the economic choices of states, enterprises and individuals in international
trade, investment and monetary affairs.
MIB565
Cultural Awareness (3 cr.)
This course examines the role culture plays in business and its influence
on the domestic and global marketplace. Intercultural competence is
defined and explored in terms of factors that either impede or facilitate
effective business and interpersonal relationships. Methods to identify
and resolve cultural biases in international business relationships are
discussed. The importance of intercultural competence is explored along
with the knowledge and skills needed to work with, manage and serve
diverse groups and individuals. The multicultural skills and dispositions of
cultural awareness as it applies to conducting business across historical,
cultural, religious and geo-political borders are developed.
Required Management Courses
GM600
Management Principles (3 cr.)
This course provides an overview of key organizational and behavioral
concepts, which underlie effective management practice in private and
public sector organizations around the world. Comparative management
systems are examined in terms of global applications. Special attention
is given to defining and interpreting cross-cultural differences and
influences The course emphasizes the approaches of collaboration that
especially address the expectations, needs and performances of people
in organizations and gives attention to the external, internal and global
cultures that influence organizational structure, behavior and change.