2022/2023

International Business

Type: Minor

Delivered by: Department of Strategic and International Management

Where: Graduate School of Business

When: 1, 2 module

Open to: students of all HSE University campuses

Instructors: Tatiana Grishchenko, Ekaterina Pavlova

Language: English

ECTS credits: 5

Contact hours: 50

Course Syllabus

Abstract

The course “International Business” provides the theoretical framework and practical experience of international business. This is a "big picture" course with a general overview of the major areas of international business: the nature and scope of international business; architecture of the world economy; stakeholders in international business; the different types of mergers and acquisitions; relationships between multinationals and the state; the ways of external growth including the world-wide tendency of digitalization, business activity in product markets as well as in markets for knowledge and technology, etc. The successful completion of the course will increase students' capacity to think globally about a company, its business position on international markets and possible sustainable competitive advantage in rapidly changing international environment. The course has emphasis on developing students' analytical, critical and problem-solving skills through assignments, problem discussions, interactive lectures and case studies. The case studies and assignments will be used to illustrate key points of international business theory and the challenges facing organizations in an international context. The students will have opportunity to develop course project in teams. The teamwork will benefit through additional expertise provided by the students of the different educational fields and countries that will enhance the project results and will provide valuable experience of cross-disciplinary approach.

Learning Objectives

• The main goal of the course is to provide systematic understanding of international business, its strategies and tactics, conceptual foundations and logic of its development; to increase students' critical thinking competency; to develop practical skills necessary for professional activity in the modern turbulent international business environment.

Expected Learning Outcomes

• -Student is able to learn and demonstrate skills in the field other than the major field
• -Student is able to work with information. To find and define and use the information from different sources which required for solving of research and professional problems including the system approach
• -Student is able to solve managerial tasks related to operations on world markets in the context of globalization
• -Student is able to solve strategic and tactical management issues in an international organization
• -Student is able to effectively perform managerial functions in a multicultural environment

Course Contents

• 1.International business development and globalization
• 2. Global trade and investment environment. International Monetary system
• 3. International economic cooperation. Alliances and partnerships. Regional Economic Integration
• 4. Exports, imports, Foreign Direct Investment
• 5. Foreign market entry. Strategic alliances
• 6. International business strategies in trade disputes
• 7. International business organization. International contracting
• 8. Global Human Resource management. Organizational culture of international business
• 9. Global Marketing. Innovation. R&D
• 10. Challenges and perspectives for international business in the 21st century

Assessment Elements

• In-Class Activity
  In-class activities includes different online activities, including assignments both team-based and individual, case studies, problem discussions.
• Test
  The Test will be conducted in the written form - multiple-choice test. The Test questions are based on the lectures’ and seminars’ material available to students through the LMS. It includes 20 questions with 4 possible answers. For multiple-choice only completely correct answers are valid.
• Course Project
  This is a team-based activity. The final presentation of the team project results is scheduled during the last seminar of the course.
• Exam
  It will be conducted in the written form - multiple-choice test. The Final Test is based upon the lectures’ and seminars’ material. It includes 40 questions with 4 possible answers. The duration of the Final Test is 40 minutes. For multiple-choice only completely correct answers are valid. Students whose accumulated intermediate assessment is 8 – 10 points for three assessment elements (0.25 * In-Class Activity + 0.25 * Test + 0.25 * Team Project) are not required to pass the Final Test. In this case, the accumulated grade (O accum.) could be counted as the final grade (O final) upon the student’s decision. The rounding method of examination and the resulting estimates: arithmetic.

Interim Assessment

• 2022/2023 2nd module
  0.25 * Course Project + 0.25 * Exam + 0.25 * In-Class Activity + 0.25 * Test

Bibliography

Recommended Core Bibliography

• Griffin, R. W., Pustay, M. W. (2019). International Business: a Managerial Perspective. Global Edition, Pearson Education Limited.

Recommended Additional Bibliography

• Bae, Y. J. (2019). Globalization. New York: Greenhaven Publishing. Retrieved from http://search.ebscohost.com/login.aspx?direct=true&site=eds-live&db=edsebk&AN=2006847
• Caporaso, J. A. (2018). The European Union : Dilemmas Of Regional Integration. New York: Routledge. Retrieved from http://search.ebscohost.com/login.aspx?direct=true&site=eds-live&db=edsebk&AN=1704410
• Ghemawat, P. (2001). Distance Still Matters. The Hard Reality of Global Expansion. Harvard Business Review, 79(8), 137–147. Retrieved from http://search.ebscohost.com/login.aspx?direct=true&site=eds-live&db=bsu&AN=5134712
• Huub Ruël. (2017). International Business Diplomacy : How Can Multinational Corporations Deal with Global Challenges? Emerald Publishing Limited.
• Pearce, R. D. (2017). The Development of International Business : A Narrative of Theory and Practice. Edward Elgar Publishing.