International Business and Global Business Experiences
AC 781 International Dimensions of Accounting (3 credits)
Prerequisite(s): BF 506 or PF Module I or GR 524, or AC 611
Examines major international dimensions of financial and managerial accounting. Discusses national and cultural influences on accounting and on the accounting profession. Investigates financial regulation and varying financial reporting standards in selected foreign countries. Analyzes methods of translation and accounting for gains and losses from exchange rate fluctuations. Introduces students to managerial accounting issues raised by international business.
EC 655 The Economics of Globalization (3 credits)
Prerequisite(s): BF 502 or PPF 502 or GR 522
To be successful in business, it is necessary to understand the impact of global events. For instance, faster economic growth in China leads to higher oil consumption which causes world oil prices to rise which can result in inflationary pressures in the United States that would cause the Federal Reserve to raise interest rates which increases the cost of your loans. The goal of this course is to have students gain knowledge about current issues and to acquire the skills necessary to make these connections. Some of the topics covered in the course include: trade disputes, the expansion of free trade, the Euro, China/India and financial crises in developing countries. This course will utilize readings from well-known economists along with sources such as The Economist. In addition to the midterm and final exams, students will write a paper about an international issue of interest to them. Exams will be mostly essays as the focus is on being able to analyze and discuss issues.
FI 751 International Financial Management (3 credits)
Prerequisite(s): GR 525 or Pre or CoReq FI 625.
Deals with the international aspects of corporate finance and investing. Areas covered include foreign exchange with emphasis on exchange rate determination, exchange risk, hedging and interest arbitrage, international money and capital markets and international financing, multinational capital budgeting, cost of capital and international portfolio management.
GBE 790 Global Business Experience (3 credits)
Global Business Experiences are faculty-led, 10 day to two week courses that offer an intensive look at business or cultural practices in a country abroad. These courses are usually offered in January during semester break, in March during Spring Break or in May at the start of the summer semester. Students visit companies daily and meet with business leaders and government officials to further their global mindset and cultural awareness. Through immersion in the business practices of another region, students gain valuable professional skills and develop a stronger bond with their classmates that will benefit them throughout the remainder of their graduate study. Visit the following page for a listing of sites: http://www.bentley.edu/offices/international-education/global-business-experiences.
GBE 790A Business Environment in Transition Economies of Central and Eastern European Countries: A Study Abroad Course in Vienna, Budapest and Prague (3 credits)
Introduces students to the process of transition from centrally planned to free-market economy in Central and Eastern Europe, and its impact on the global competitive environment. Multidisciplinary intensive classes are held on campus, followed by a two-week study tour to Vienna, Budapest and Prague.
GBE 790B Japanese Culture and Business Practice (3 credits)
This course examines the sociocultural framework of modern Japan and the management practices of Japanese companies. The course involves a two-week study tour to Japan preceded by a series of three to four orientation classes. The orientation classes focus on Japanese culture, history, language and major aspects of Japanese business practice. Visits by American business people who do business with Japanese companies highlight the week. In Japan, the course includes study of the Japanese economy and business practices, visits to key historical and cultural sites, and a three-day field placement with a Japanese company.
GBE 790D Ireland: A High Tech Success Story (3 credits)
Examines the rapid growth of technology-based companies in Ireland, during a two-week study tour. Immersion in the Irish culture and environment provide the background for understanding Ireland's technology-driven economic transformation over the past decade. The course focuses on the factors, policies and practices behind Ireland's growing competitive advantage in creating and expanding technology-based companies. Also analyzes government policies and business practices that foster increasing global competitiveness and investments in the country's high-tech sector. Visits to local and international high-tech companies offer insights on IT infrastructure and support, and management practices promoting success. Guest speakers from the Irish government and trade bureau, universities, and high-tech business community present their perspectives and participate in discussions.
GBE 790E Global Business and Culture in India (3 credits)
This interdisciplinary course provides an indispensable opportunity to learn about India's contemporary business practices and its cultural diversity. Students will be introduced to the emerging opportunities and challenges of doing business in India. On this 12-day trip to three or four selected cities of India, students will visit multinational corporations, interact with senior executives of these corporations, attend lectures on issues related to information and process management, understand the software outsourcing process, and visit some institutes of higher education. First-hand experience of the cultural and social milieu in which the outsourcing companies in India are functioning is an added feature of the course.
GBE 790F Bermuda: Financial Services in Another World (3 credits)
Prerequisite(s): None. TX 604 is recommended.
"Bermuda is another world." While that is tourism's marketing phrase, few know that Bermuda offers the international business community a sophisticated financial services environment, a stable government, a tax free country, and a warm and inviting culture in which to conduct business. During the two-week course, students will study the various financial services offered by the country to the international community. The structure of the course is to meet businesses in their environment and understand how they function in the global economy and the local culture of a small country. Social and cultural events are included in the itinerary.
GBE 790G Doing Business in China: From Cultural and Historical Perspectives (3 credits)
The course examines Chinese business strategies and practices from cultural and historical perspectives. Participation in this course enables students to observe the on-going socio-economic transformation of China as 1.3 billion people are developing a market-based economy and coping with the challenges of globalization. During the two-week stay in China, the group will visit the cities of Beijing, Xi'an, Suzhou, and Shanghai where they will study and analyze the Chinese business strategies and practices through lectures, company visits, visits to key historical and cultural sites; conduct market research and exchange views with Chinese scholars and students. This course has been developed in collaboration with the Beijing International MBA (BiMBA) program of Peking University.
IB 701 Internship in International Business (3 credits)
Affords students the opportunity to enhance self-realization and direction by integrating classroom study with experience in vocational learning situations. Requires development of a study plan to identify the student's professional goals and to demonstrate how these goals can be enhanced through an internship experience. Includes regular meetings in which students discuss issues and business problems related to their work experience, and defend proposed solutions before fellow students and the internship coordinator.
LA 715 International Business Law (3 credits)
Examines the impact of law on international business transactions. Readings and discussions focus on four areas: the general international legal environment (including litigation and dispute settlement), the international sales transaction, trade law, and regulation in the international marketplace. The three basic forms of doing business (trade, licensing and investment) are analyzed in an international context. Comparisons in national legal environments are noted. Legal and business cases are used for class discussions.
MG 601 Competing in a Global Marketplace: Analysis of the Business Environment (3 credits)
Prerequisite(s): Completion of GR 521 to GR 525 or BF 501 to BF 507 or PPF 501, PPF 502, PF Module I and PF Module II or instructor permission
This interdisciplinary course presents a conceptual framework for scanning the global business environment. This scanning or information-gathering process is a critical part of how the corporate general manager formulates strategy. The course comprises four main areas that identify internal and external forces affecting the firm's ability to compete domestically and internationally: 1) sociocultural and ethical forces and issues; 2) global economic and financial forces; 3) political/legal forces and issues; and 4) global technological forces. The objective is to provide the student with the skills and methodology necessary for market analysis and business strategizing on a global scale.
MG 661 International Management Behavior (3 credits)
Recommended: BF 503, or PF Module I, or GR 630
This course contributes to the development of knowledge and skills needed to manage effectively in international environments and/or to work effectively with people from other cultures. Students will develop an awareness of the pervasive and hidden influence of culture on behavior, particularly with respect to management and management practices; become familiar with the types of situations and issues which managers often confront when working internationally; and gain an appreciation for the impact on personal behavior of living and working in another culture. This course is concerned with understanding differences in behavior which stem from diverse national cultures and developing tools for effectively managing those differences. The readings, cases and exercises have been chosen to focus students' attention on effective international behavior - their own as well as that of others.
MG 671 Management of the Transnational Corporation (3 credits)
This course focuses on the management challenges associated with developing strategies and managing the operations of companies whose activities encompass more than one nation. The course analyzes the internationalization process in small, medium and large corporations, compares and contrasts different internationalization strategies, examines managing political risk and ethical issues in international business, and studies functional management of the transnational corporation (e.g., financial management, marketing management and human resource management).
MK 716 International Marketing (3 credits)
Prerequisite(s): BF 504 or PF Module II or GR 523 or GR 523 or for MSMA, PF 506
Focuses on the decision-making process in marketing products and services across national boundaries. Examines the design and modification of marketing strategies; identifies potential markets; and considers product, promotion, price and distribution decisions within the constraints of a particular cultural, economic and political setting. Studies challenges facing multinational enterprises as well as smaller firms marketing internationally.