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Crookston Campus

International Business Minor

Business
Academic Affairs
  • Program Type: Undergraduate minor related to major
  • Requirements for this program are current for Spring 2022
  • Required credits in this minor: 18
The minor in international business is available on campus and online to allow graduates in any major to expand their work opportunities to include the numerous positions advertised by corporations that outsourced or off-shored part of their operations. Positions in international business are projected to grow and the minor will enhance the career prospects of our graduates. Students will be introduced to international business cultures and etiquette, international business law, international financial management, international marketing, international business management, and logistics and supply chain management. The academic grounding is combined with field experience in international business, or study abroad, or a foreign language requirement to broaden graduates' understanding of global business operations. Program outcomes Students who earn a minor in international business will be able to: - Evaluate the global forces that shape our world in socio-economic cultural and political contexts - Integrate general and international business skills for effective problem-solving - Apply cross-disciplinary qualitative and quantitative information to problem resolution and opportunity identification - Use oral communication skills in presentation and negotiating environments, and understand the impact of culture on communication - Contribute to and work within cross-functional and cross-cultural teams - Use computer applications to facilitate international business opportunities
Program Delivery
This program is available:
  • via classroom (the majority of instruction is face-to-face)
  • completely online (all program coursework can be completed online)
Minor Requirements
Business Core
Take 2 or more course(s) totaling 6 or more credit(s) from the following:
· MGMT 3200 - Principles of Management (3.0 cr)
· MKTG 3300 - Principles of Marketing (3.0 cr)
International Business Core
Take 3 or more course(s) totaling 9 or more credit(s) from the following:
· IBUS 3020 - International Financial Management (3.0 cr)
· IBUS 3360 - International Marketing (3.0 cr)
· IBUS 3500 - International Business Management (3.0 cr)
International Experience and Studies Electives
Take 3 or more credit(s) from the following:
· GBUS 3000 - Global Seminar in Business [GLOB PERSP] (1.0-3.0 cr)
· IBUS 2010 - International Dimensions in Business and Culture [GLOB PERSP] (3.0 cr)
· IBUS 3010 - International Business Law (3.0 cr)
· IBUS 3201 - Study Abroad in International Business (1.0-6.0 cr)
· IBUS 3900 - Field Experience in International Business (1.0-6.0 cr)
· MGMT 3255 - Logistics and Supply Chain Management (3.0 cr)
· SPAN 1104 - Beginning Spanish I [GLOB PERSP] (4.0 cr)
· SPAN 1204 - Beginning Spanish II [GLOB PERSP] (4.0 cr)
Program Sub-plans
A sub-plan is not required for this program.
Online
The curriculum for the International Business Minor Online is identical to the on-campus International Business Minor.
 
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· International Business Minor
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MGMT 3200 - Principles of Management
Credits: 3.0 [max 3.0]
Grading Basis: A-F or Aud
Typically offered: Every Fall, Spring & Summer
Terminology, theories, concepts, and skills of managing. Basic functions of managing including, planning, organizing, leading, and controlling. Additional topics include decision making, business ethics, and social responsibility.
MKTG 3300 - Principles of Marketing
Credits: 3.0 [max 3.0]
Grading Basis: A-F or Aud
Typically offered: Every Fall, Spring & Summer
Introduction to marketing/strategic marketing process. Team development of marketing plan that implements product, pricing, distribution, promotional strategies. prereq: [Econ 2101 or 2102], [Psy 1001 or instructor consent]
IBUS 3020 - International Financial Management
Credits: 3.0 [max 3.0]
Course Equivalencies: FIN3020/IBUS3020
Typically offered: Fall Odd Year
International financial markets with risks/benefits of international operations. Compare operation of global companies with domestic companies regarding foreign exchange fluctuations, political risks, financial tools to address risks, capital budgeting, tax, working capital structure, investment decisions, company's valuation.
IBUS 3360 - International Marketing
Credits: 3.0 [max 3.0]
Typically offered: Every Spring
Factors affecting marketing of goods/services. Managing organization in international environment. Complete team marketing plan for product being marketed internationally. prereq: MGMT 3200, MKTG 3300
IBUS 3500 - International Business Management
Credits: 3.0 [max 3.0]
Typically offered: Every Spring
Principles, opportunities, challenges of managing international business. Basic managerial functions. Economic, social, political environment. prereq: MGMT 3200
GBUS 3000 - Global Seminar in Business (GLOB PERSP)
Credits: 1.0 -3.0 [max 6.0]
Typically offered: Periodic Spring
Interdisciplinary approach to a specific culture and its current local/global issues. In-depth experiences in a discipline area of student's choice. May require international travel for one to three weeks, led by a faculty member. prereq: sophomore, junior or senior status
IBUS 2010 - International Dimensions in Business and Culture (GLOB PERSP)
Credits: 3.0 [max 3.0]
Typically offered: Every Spring
Skills to interact successfully in various settings in Europe, Africa, North and South America, Asia. Standards/practices of indigenous organizations, governments, and cultures in global context. Multinational interaction, communication, and cooperation.
IBUS 3010 - International Business Law
Credits: 3.0 [max 3.0]
Typically offered: Every Fall
Law for business transactions in global political legal environments. Laws of different countries/legal effects on individuals/business organizations. Agreements, international contracts/administrations, exports/import, technology transfers, regional transactions, intellectual property, product liability, legal organization.
IBUS 3201 - Study Abroad in International Business
Credits: 1.0 -6.0 [max 6.0]
Typically offered: Every Fall, Spring & Summer
Taken in conjunction with focused international visit, or as connection to cooperative learning experience at accredited higher education institution abroad.
IBUS 3900 - Field Experience in International Business
Credits: 1.0 -6.0 [max 6.0]
Typically offered: Every Fall, Spring & Summer
Employed as interns in international business firm, institution, or agency. Experience must have global component but may be completed either domestically or at international location. Reports/consultations with faculty/employers required.
MGMT 3255 - Logistics and Supply Chain Management
Credits: 3.0 [max 3.0]
Typically offered: Every Spring
Examines supply chain management as a means of creating strategic competitive advantages. Logistical efficiency with environmental factors, strategic positioning, laws and policies, and cost maintenance will be examined.
SPAN 1104 - Beginning Spanish I (GLOB PERSP)
Credits: 4.0 [max 4.0]
Typically offered: Every Fall & Spring
Conversational Spanish centered on day-to-day experiences. Emphasis on verb conjugation, rules of grammar, and vocabulary building. Cultural awareness and appreciation.
SPAN 1204 - Beginning Spanish II (GLOB PERSP)
Credits: 4.0 [max 4.0]
Typically offered: Every Fall & Spring
Emphasis on verb conjugation with the addition of compound tenses, indicative and subjective moods. Vocabulary building; dialogue concerning sports, travel, service information. Cultural and political dimensions of Spanish-speaking countries. prereq: Span 1104 or 2 years high school Spanish