International Business Courses Description

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INB 541: International Trade and Investment Theory (3 credits)
The relevance of international economics. The role of trade. The role of International Monetary relation. Law of comparative advantages and absolute advantage. Trade under different conditions: opportunity cost, constant cost and increasing cost, the Heckscher-Ohlin model. The main propositions of H-O model. The factor-price equalization theorem The Leontief paradox. Monopolistic competition and international trade. Technological gap and product cycle. Growth and trade: the source of economic growth. Growth in the world economy. Types of tariff. The practical equilibrium analysis of tariff. The general equilibrium of tariff. Measuring the cost of protection. The optimal tariff. Output and market size theory, Market Imperfection Theory, Behavioral Theory, Oligopolistic Theory, Internalization theory and Eclectic Theory, Factors affecting FDI, Merits and Demerits of FDI, FDI in Bangladesh.
(Prerequisite: MBA514)

INB 542: International Management (3 credits)
Develops understanding of how various business principles, particularly those developed in the United States, apply in diverse international settings. Students will learn the role national culture plays in shaping organizational practices.
(Prerequisite: MBA514)

INB 543 Bangladesh in International Business (3 credits)
Examines the foreign trade policy and foreign trade situation of Bangladesh. Topics include theories of foreign trade; historical evolution of the foreign trade policy of Bangladesh; balance of trade and balance of payment; trade surplus and trade deficit; current state of foreign trade; future challenges and issues of foreign trade of Bangladesh. Special emphasis will be given on the recent development of Bangladeshi foreign trade related issues.
(Prerequisite: MBA514)

INB 544: Negotiation and Diplomacy (3 credits)
Prospecting; oral and written sales communication; objection handling, motivating, compensating, controlling, evaluating, territory, and quota setting; techniques for bargaining ways to develop and use personal negotiation strategy; organizing a negotiation team; coping with crisis negotiation in international settings; developing international sales personnel, planning foreign assignments; negotiation strategies and tactics for international exchange; processing and negotiating, drafting and enforcing observance of bilateral and multilateral international legal agreements; understand the processing and implementing international arrangements for settlement of disputes through international arbitration and adjudication; negotiating and entering into bilateral and multilateral tariff and trade agreements.
(Prerequisite: MBA514)

INB 545: Global Marketing (3 credits)
As the international business is becoming increasingly global, managers must seek to develop the empathy, knowledge, sensitivity, and skills required to successfully operate in a dynamic global market place. This course is built on the primary concepts of marketing and will enable the learners to practice or applying those concepts to a global environment. The successful global marketer must broaden his/her knowledge to include the myriad of activities required to select, gain entry and compete outside the “home” country. In addition, a successful global marketer needs to appreciate the role of culture, environment, government regulation and economic systems affect a firm’s competitive advantage and strategic positioning. This course will offer an overview of each of these vital concepts for global marketers.
(Prerequisite: MBA514)

INB 546: International Commercial Law (3 credits)
Every business transaction involves a contract. Commercial contracts examine the general principles of the law of contract, the process of formation (including issues arising from negotiation in a digital environment), the interpretation of contractual terms and the various obstacles, which may impede the enforceability of a bargain. It introduces the special features of sales contracts along with issues relating to breach of contract and consumer protection. Most part of the course will concentrate on International Sales Law based on CISG. However, part of this course also includes the study of Sale of Goods Act 1979 (UK)/ Sale of Goods Act 1930 (BD) which is concerned with contracts involving transport of goods from one country to another and sale and purchase agreement between the parties from different countries.
(Prerequisite: MBA514)

INB 547: International Human Resource Management (3 credits)
This course provides an opportunity to students to explore international dimensions of the core aspects of human resource management, such as linkage with international business strategy and structure, recruitment, compensation and reward management, training and development, performance management, and industrial relations.
(Prerequisite: MBA514)

INB 548: WTO and Multilateral trade Arrangement (3 credits)
WTO- History – From GATT to WTO – Operation – Management _ Trade Rounds – Trade Related Intellectual Property Rights (TRIPS) – General Agreement on Trade Related Services (GATS) – Dispute Settlement – Technical Barrier to Trade (TBT) – Sanitary and Phytosanitary Measures (SPS) – WTO and developing countries – Economic Integration – EU-SAFTA NAFTA-ASEAN.
(Prerequisite: MBA514)

INB 549: International Financial Management (3 credits)
This course is designed to acquaint students with tools and techniques used to manage the finance function of a multinational Corporation (MNC). Topics included in this course are: financial environment in which an MNC operates, exchange rate determination, measurement and management of various exchange rate exposure, international capital budgeting, management of short-term assets and liabilities of an MNC.
(Prerequisite: MBA514)

INB 550: International Business Environment (3 credits)
This course explores the international business environment in which business organizations operate. It provides a “macro” view of different markets and institutions in the global economy. It gives an overview of why each market is different and unique because of the structures and characteristics of the business environment elements like socio-cultural, economic, political, legal, technological, and institutional. The course also details how business firms engage with these markets, and how they respond to different complexities, challenges, and opportunities associated with these markets. Besides, the course introduces useful theoretical and analytical frameworks that are crucial to understanding the opportunities and risks derived from the political, economic, social, technological, and institutional environments of different countries and their associated markets.
(Prerequisite: MBA514)

INB 551: International Comparative Management (3 credits)
This course is designed to look into the issues of cross-cultural management for working in multicultural and global environments. The main objective of the course is to increase the effectiveness of managers/employees in identifying, understanding, and managing the cultural components of organizational dynamics. This course focuses on the relationships between cultural values and practice of managing people.
(Prerequisite: MBA514)

INB 552: International Supply Chain Management (3 credits)
Businesses and their supply chains are facing increasing competition and uncertainty in what is now a truly globalized trade environment. To remain competitive, organizations need to think globally – ensuring supply chains meet customer demands while minimizing costs and maximizing responsiveness. From a strategic perspective, this involves making important trade-off decisions between cost, quality and flexibility of supply chains. Via structured learning activities (video lectures, quizzes, discussion prompts and written assessments) this course will equip you with the future-focused capabilities needed to design and manage effective, sustainable and efficient global supply chains of tomorrow.
(Prerequisite: MBA514)

INB 580: Global Strategic Management (3 credits)
Global strategic management introduces a set of contemporary strategy concepts and theories to help students to identify essential and consistent principles to deal with the strategic challenges faced by managers and organizations competing in the global marketplace that will ultimately determine a firm’s success or failure in the global business environment in the long term. An organization’s strategy is its theory of gaining a competitive advantage and thus successfully competing in the marketplace. Global management is a process used by managers and executives to develop and implement an organization’s strategy. Completing this course, students will have a comprehensive understanding of the determinants of global success and failure of organization’s competing globally, an awareness of and interest in how the competition unfolds inside and outside emerging economies, and an understanding of the other side of global business, namely, the strategies followed by the local organization is that often compete with foreign entrants.
(Prerequisite: MBA514)