Global Business Management
Compete in the Global Economy
Get a practical and intensive foundation in global administration with the Global Business Management Diploma Program. You gain an understanding of how globalization has influenced international trade, and of the complexities of the global supply chain. You acquire practical knowledge of the international monetary system as well as of cultural and legal factors that affect product development, distribution channels, and promotion. The program helps you prepare for a career in a multinational company, a family-owned business, or for further study in an M.B.A. program.
Global Business Management courses
Overview: Global Business Management allows you to examine successful international business strategies, and examine how "global" forces affect your business and career. By the end of this course, you will have learned
- basics of trade operations
- cross cultural communications
- economic systems and strategy
Management Accounting is a general introduction to financial and managerial accounting, including basic accounting concepts. You are introduced to accounting statements, and will discover how managers use this data to make decisions. By the end of this course, you will be able to
- understand the importance of financial statements
- define various cost terms and concepts
- understand the time value of money and its use in capital budgeting
Global Marketing Strategies is designed to introduce students to marketing strategies, concepts, and practices in a global business environment. You will receive a general overview of the dynamics and trends in international marketing which include
- market analysis
- strategic planning
- product positioning
- messaging
- project management
- integrated marketing communications
- distribution
- pricing
International Economics focuses on macroeconomic variables such as economic growth, international trade, unemployment, and inflation. By the end of the course, you will be able to
- understand macroeconomic performance, monetary policy, and the Central Bank
- evaluate foreign exchange markets and exchange rate systems
- analyze trade flows and the balance of payments
International Business Law examines the legal and ethical implications of doing business in a global environment. You analyze how international laws, protocols, and standards create financial and cultural challenges. This course includes a survey of international organizations and agreements. Upon completing the course, you will be able to
- understand the role of supranational organizations and multilateral agreements
- recognize legal issues in international business transactions
- discuss and implement alternatives for dispute resolution
International Finance addresses two key concepts: the risks and opportunities created by changes in exchange rates, and the use of international markets as sources of financing. Upon completion of the course, you will be able to
- understand the operation of international capital markets and the characteristics of alternative sources of medium- and long-term financing
- forecast exchange rates based on the relationships between spot rates, forward rates, inflation rates, and interest rates
- construct an integrated exchange risk program
Global Supply Chain Management focuses on how companies can set and manage strategies in interrelated economies where firms must rely on a network of suppliers and customers to provide products and services. Upon completion of the course, you will be able to
- evaluate quality management, product and service development, and lean processes
- understand the roles of operations and supply chain in response to natural and non-natural crises
- apply "green" initiatives and environmental regulations to the operations and supply chain environment
Global Business Negotiation uses lectures, videos, and case studies to illustrate the techniques, tactics, and strategies of negotiations. In role-playing exercises, you examine the role of cultural values in international business transactions. By the end of this course, you will be able to
- strategically plan negotiations
- successfully facilitate international and multicultural negotiations
- effectively manage and resolve interpersonal and group conflicts
Entrepreneurship is designed to show you the planning and decision processes which must be undertaken when preparing to launch your own business, outlining the journey from conception through implementation. You will learn how to
- determine if you have what it takes to seize the entrepreneurial opportunity and its risks
- evaluate business plan models to select the one right for your venture
- select and structure your entrepreneurial management team
Capstone Course
Global Business and Marketing Strategy is the capstone course for the Global Business Management Diploma Program. Through a computerized simulation experience, you apply the principles learned in your other courses in a hands-on setting. As part of a multidisciplinary team including students from the Global Business Management, Marketing, and Business Administration IDP programs, you
- act as a senior manager for a virtual global business
- make decisions that affect the company as a whole rather than at the department level of marketing, finance, or accounting
- compete with classmates to make profits under realistic market conditions
Whether your goal is to effectively manage a global corporation or expand your family's business, the Global Business Management Diploma Program provides you with the structure you need to understand and manage international transactions of all sizes.
Prerequisites
To enroll in this program, you should have prior study of business administration or finance as well as one to two years of substantial work experience. If you do not have this background, we recommend the Business Administration Diploma Program instead.