Twin Cities campus

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Twin Cities Campus

International Business B.S.B.

CSOM Strategic Mgmt & Entrepre
Curtis L. Carlson School of Management
  • Program Type: Baccalaureate
  • Requirements for this program are current for Fall 2016
  • Required credits to graduate with this degree: 120
  • Required credits within the major: 72 to 86
  • Degree: Bachelor of Science in Business
The international business co-major supports a primary major by providing students with exposure to international breadth in areas such as economics and globalization and deepens their knowledge of a given region by a semester study abroad, language proficiency and coursework specific to where they are studying. The student learns how business is done within a culture and the importance of understanding the nuances of working across multiple cultures. Students who desire to work in international business will often begin in their primary major and with experience and language skills, move into roles where they have responsibility for working with partners or offices internationally.
Program Delivery
This program is available:
  • via classroom (the majority of instruction is face-to-face)
Admission Requirements
Freshman and transfer students are usually admitted to pre-major status before admission to this major.
A GPA above 2.0 is preferred for the following:
  • 3.00 transferring from another University of Minnesota college
  • 3.00 transferring from outside the University
Students in the school have no restrictions on declaring the major but must complete the five tool courses before continuing with the major requirements. Students from outside of the school must meet overall admission standards to enter this major, including completion of microeconomics, macroeconomics, and calculus prior to admission. Transfer students will also need to complete statistics and financial accounting before starting on the major coursework but may do so after admission.
For information about University of Minnesota admission requirements, visit the Office of Admissions website.
Required prerequisites
Tool Courses
Microeconomics
ECON 1101 - Principles of Microeconomics [SOCS, GP] (4.0 cr)
or APEC 1101 - Principles of Microeconomics [SOCS, GP] (4.0 cr)
or APEC 1101H - Principles of Microeconomics [SOCS, GP] (4.0 cr)
Macroeconomics
ECON 1102 - Principles of Macroeconomics (4.0 cr)
or APEC 1102 - Principles of Macroeconomics (3.0 cr)
or APEC 1102H {Inactive} (4.0 cr)
Calculus
MATH 1142 - Short Calculus [MATH] (4.0 cr)
or MATH 1271 - Calculus I [MATH] (4.0 cr)
or MATH 1571H - Honors Calculus I [MATH] (4.0 cr)
or MATH 1371 - CSE Calculus I [MATH] (4.0 cr)
Statistics
BA 2551 - Business Statistics in R [MATH] (4.0 cr)
Accounting
ACCT 2051 - Introduction to Financial Reporting (4.0 cr)
or ACCT 2051H - Honors: Introduction to Financial Reporting (4.0 cr)
General Requirements
All students in baccalaureate degree programs are required to complete general University and college requirements including writing and liberal education courses. For more information about University-wide requirements, see the liberal education requirements. Required courses for the major, minor or certificate in which a student receives a D grade (with or without plus or minus) do not count toward the major, minor or certificate (including transfer courses).
Program Requirements
Students are required to complete 4 semester(s) of any second language. with a grade of C-, or better, or S, or demonstrate proficiency in the language(s) as defined by the department or college.
The international business major must be completed with another major within the Carlson School.
Lower Division Requirements
Management
Students entering the program as freshmen or sophomores take MGMT 1001. Students who transfer in as juniors will complete MGMT 3001 instead.
BA 1011 - Leading Self & Teams (2.0 cr)
or MGMT 1001H - Honors: Contemporary Management (3.0 cr)
or MGMT 3001 - Fundamentals of Management (3.0 cr)
Corporate Responsibility & Ethics
BA 2005 - Business Ethics, Corporate Responsibility & Sustainability [CIV] (3.0 cr)
or BA 2005H - Business Ethics, Corporate Responsibility and Sustainability [CIV] (3.0 cr)
Psychology
PSY 1001 - Introduction to Psychology [SOCS] (4.0 cr)
or PSY 1001H - Honors Introduction to Psychology [SOCS] (4.0 cr)
Career Skills
BA 2021 - Design Your Career (1.0 cr)
Immersion Core
Students complete the Immersion Core as a cohort.
MKTG 3001 - Principles of Marketing (3.0 cr)
SCO 3001 - Sustainable Supply Chain and Operations (3.0 cr)
MGMT 3004 - Strategic Management (3.0 cr)
FINA 3001 - Finance Fundamentals (3.0 cr)
or FINA 3001H - Honors: Finance Fundamentals (3.0 cr)
Additional Core Requirements
Information Systems
IDSC 3001 - Information Systems & Digital Transformation [TS] (3.0 cr)
or IDSC 3001H - Honors: Information Systems for Business Processes and Management (3.0 cr)
Human Resources
HRIR 3021 - Human Capital Management (3.0 cr)
or HRIR 3021H - Honors: Human Capital Management (3.0 cr)
or IBUS 3033W - Business Communication in a Global Context [WI] (4.0 cr)
Managerial Accounting
ACCT 3001 - Strategic Management Accounting (3.0 cr)
or IBUS 3002 - Strategic Management Accounting (4.0 cr)
Business Communication
BA 3033W - Business Communication [WI] (3.0 cr)
or IBUS 3033W - Business Communication in a Global Context [WI] (4.0 cr)
Major Courses
International Business Foundations
The international business foundations courses must be completed at the Carlson School.
MGMT 3045 - Understanding the International Environment of Firms: International Business (2.0 cr)
CSOM International Courses
One course only may be double counted for the primary major and IB major.
Take 2 or more course(s) from the following:
· ACCT 5311 - International Accounting (2.0 cr)
· FINA 4621 - The Global Economy (Macro) (2.0 cr)
· FINA 4622 - International Finance (2.0 cr)
· MGMT 3039 - Intercultural Business Communication [GP] (3.0 cr)
· MKTG 4081W - Marketing Strategy [WI] (4.0 cr)
· IBUS 3010 - Introduction to Global Entrepreneurship (4.0 cr)
· IBUS 3081 - Sustainability and Corporate Social Responsibility in Costa Rica (4.0 cr)
· IBUS 4010 {Inactive} (3.0 cr)
· IBUS 4050 {Inactive} (4.0 cr)
· IBUS 4082W - Brand Management [WI] (4.0 cr)
· IBUS 4471 {Inactive} (4.0 cr)
International Environment Breadth
May be completed abroad with advising and department approval.
Take 2 or more course(s) totaling 6 or more credit(s) from the following:
International Political Economy Survey Course
Take 1 or more course(s) from the following:
· APEC 3007 - Applied Macroeconomics: Policy, Trade, and Development [GP] (3.0 cr)
· APEC 5751 {Inactive} (3.0 cr)
· ECON 4401 {Inactive} [GP] (3.0 cr)
· GEOG 3331 - Geography of the World Economy [SOCS, GP] (3.0 cr)
· GLOS 3415W - Global Institutions of Power: World Bank, International Monetary Fund, and World Trade Organization [GP, WI] (3.0 cr)
· SOC 3417W - Global Institutions of Power: World Bank, International Monetary Fund, and World Trade Organization [GP, WI] (3.0 cr)
· GLOS 3219 {Inactive} (3.0 cr)
· HIST 3419 - History of Capitalism: Uneven Development Since 1500 (3.0 cr)
· POL 3410 {Inactive} (3.0 cr)
· POL 3835 - International Relations [SOCS, GP] (3.0 cr)
· POL 3872W {Inactive} [WI] (4.0 cr)
· POL 4481 - Comparative Political Economy: Governments and Markets (3.0 cr)
· Sociocultural Survey Course
Students may choose to complete a 3-6 credit internship with an academic seminar component during the semester abroad to complete this category.
Take 1 or more course(s) from the following:
· AMST 4301 - Workers and Consumers in the Global Economy [DSJ] (3.0 cr)
· ANTH 3003 - Cultural Anthropology (3.0 cr)
· ANTH 3005W - Language, Culture, and Power [SOCS, DSJ, WI] (4.0 cr)
· ANTH 4031W - Anthropology and Social Justice [CIV, WI] (4.0 cr)
· ANTH 4053 - Economy, Culture, and Critique [SOCS, GP] (3.0 cr)
· ANTH 4121 - Business Anthropology (3.0 cr)
· GEOG 3381W - Population in an Interacting World [SOCS, GP, WI] (3.0 cr)
· GEOG 3379 - Environment and Development in the Third World [SOCS, ENV] (3.0 cr)
· GLOS 3303 {Inactive} [SOCS, ENV] (3.0 cr)
· GLOS 3602 - Other Worlds: Globalization and Culture (3.0 cr)
· GLOS 3701W {Inactive} [SOCS, GP, WI] (3.0 cr)
· GLOS 4221 - Globalize This! Understanding Globalization Through Sociology [GP] (3.0 cr)
· POL 3873W {Inactive} [CIV, WI] (3.0 cr)
· SOC 4321 - Globalize This! Understanding Globalization through Sociology [GP] (3.0 cr)
· SPAN 3105W - Introduction to the Study of Hispanic Cultures [WI] (3.0 cr)
International Business Environment Depth
May be completed abroad with advising and department approval. Courses may not count in more than one area of Depth, Breadth, or Business Foundations. Students may choose to complete an upper division business language course for this category.
Take 2 or more course(s) from the following:
· ACCT 5311 - International Accounting (2.0 cr)
· FINA 4621 - The Global Economy (Macro) (2.0 cr)
· FINA 4622 - International Finance (2.0 cr)
· MGMT 3039 - Intercultural Business Communication [GP] (3.0 cr)
· MKTG 4081W - Marketing Strategy [WI] (4.0 cr)
· ANTH 3005W - Language, Culture, and Power [SOCS, DSJ, WI] (4.0 cr)
· AMES 3676 {Inactive} [GP, SOCS] (3.0 cr)
· ANTH 3023 {Inactive} [GP, SOCS] (3.0 cr)
· GLOS 3961 {Inactive} [GP, SOCS] (3.0 cr)
· GEOG 3161 - Europe: A Geographic Perspective [GP] (3.0 cr)
· GLOS 3921 {Inactive} [GP] (3.0 cr)
· GEOG 3379 - Environment and Development in the Third World [SOCS, ENV] (3.0 cr)
· GLOS 3303 {Inactive} [SOCS, ENV] (3.0 cr)
· GLOS 3415W - Global Institutions of Power: World Bank, International Monetary Fund, and World Trade Organization [GP, WI] (3.0 cr)
· SOC 3417W - Global Institutions of Power: World Bank, International Monetary Fund, and World Trade Organization [GP, WI] (3.0 cr)
· HIST 3468 - Social Change in Modern China (3.0 cr)
· MM 3001W - Manufacturing in the Global Economy [WI] (3.0 cr)
· MM 4035 - Global Supply Chain Management (3.0 cr)
· OLPD 3381 - Developing Intercultural Competence (3.0 cr)
· PA 4414 {Inactive} (3.0 cr)
· POL 3477 - Political Economy of Development [SOCS, GP] (3.0 cr)
· POL 4481 - Comparative Political Economy: Governments and Markets (3.0 cr)
· PSY 3301 - Introduction to Cultural Psychology (3.0 cr)
· GCC 3001 {Inactive} [ENV] (3.0 cr)
· GCC 3002 {Inactive} [GP] (3.0 cr)
· GCC 5003 - Seeking Solutions to Global Health Issues [GP] (3.0 cr)
· GCC 5005 - Innovation for Changemakers: Design for a Disrupted World [GP] (3.0 cr)
Senior Seminar in International Business
MGMT 4505 - Senior Seminar in International Business (2.0 cr)
International Experience
Students in the International Business major will complete a study abroad experience of at least one full semseter in length. OR They may complete a study abroad experience of any length, PLUS an internship with an international organization. (Please speak with an adviser about acceptable internships.)
Upper Division Writing Intensive within the major
Students are required to take one upper division writing intensive course within the major. If that requirement has not been satisfied within the core major requirements, students must choose one course from the following list. Some of these courses may also fulfill other major requirements.
Take 0 - 1 course(s) from the following:
· ANTH 4031W - Anthropology and Social Justice [CIV, WI] (4.0 cr)
· ANTH 3005W - Language, Culture, and Power [SOCS, DSJ, WI] (4.0 cr)
· GEOG 3381W - Population in an Interacting World [SOCS, GP, WI] (3.0 cr)
· GLOS 3701W {Inactive} [SOCS, GP, WI] (3.0 cr)
· IBUS 4082W - Brand Management [WI] (4.0 cr)
· IBUS 3033W - Business Communication in a Global Context [WI] (4.0 cr)
· BA 3033W - Business Communication [WI] (3.0 cr)
· MKTG 4081W - Marketing Strategy [WI] (4.0 cr)
· POL 3872W {Inactive} [WI] (4.0 cr)
· POL 3873W {Inactive} [CIV, WI] (3.0 cr)
· SPAN 3105W - Introduction to the Study of Hispanic Cultures [WI] (3.0 cr)
Program Sub-plans
A sub-plan is not required for this program.
 
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ECON 1101 - Principles of Microeconomics (SOCS, GP)
Credits: 4.0 [max 4.0]
Course Equivalencies: Econ 1101/1165 ApEc 1101/1101H
Typically offered: Every Fall, Spring & Summer
Microeconomic behavior of consumers, firms, and markets in domestic and world economy. Demand and supply. Competition and monopoly. Distribution of income. Economic interdependencies in the global economy. Effects of global linkages on individual decisions. prereq: knowledge of plane geometry and advanced algebra
APEC 1101 - Principles of Microeconomics (SOCS, GP)
Credits: 4.0 [max 4.0]
Course Equivalencies: Econ 1101/1165 ApEc 1101/1101H
Typically offered: Every Fall & Spring
Economic behavior of consumers/firms in domestic/international markets. Demand, supply, competition. Efficiency, Invisible Hand. Monopoly, imperfect competition. Externalities, property rights. Economics of public policy in environment/health/safety. Public goods, tax policy.
APEC 1101H - Principles of Microeconomics (SOCS, GP)
Credits: 4.0 [max 4.0]
Course Equivalencies: Econ 1101/1165 ApEc 1101/1101H
Grading Basis: A-F only
Typically offered: Every Fall
Economic behavior of consumers/firms in domestic/international markets. Demand, supply, competition. Efficiency, Invisible Hand. Monopoly, imperfect competition. Externalities, property rights. Economics of public policy in environment/health/safety. Public goods, tax policy. prereq: Honors student, proficiency in high school algebra
ECON 1102 - Principles of Macroeconomics
Credits: 4.0 [max 4.0]
Course Equivalencies: ApEc 1102/Econ 1102/1105/1112
Typically offered: Every Fall, Spring & Summer
Aggregate consumption, saving, investment, and national income. Role of money, banking, and business cycles in domestic and world economy. International trade, growth, and development. U.S. economy and its role in the world economy. International interdependencies among nations. prereq: [1101 or equiv], knowledge of plane geometry and advanced algebra
APEC 1102 - Principles of Macroeconomics
Credits: 3.0 [max 3.0]
Course Equivalencies: ApEc 1102/Econ 1102/1105/1112
Typically offered: Every Spring
Unemployment/inflation, measures of national income, macro models, fiscal policy/problems. Taxes and the national debt. Money/banking, monetary policy/problems. Poverty and income distribution. International trade and exchange rates. Economic growth/development. prereq: 1101 or Econ 1101
MATH 1142 - Short Calculus (MATH)
Credits: 4.0 [max 4.0]
Typically offered: Every Fall, Spring & Summer
A streamlined one-semester tour of differential and integral calculus in one variable, and differential calculus in two variables. No trigonometry/does not have the same depth as MATH 1271-1272. Formulas and their interpretation and use in applications. prereq: Satisfactory score on placement test or grade of at least C- in [1031 or 1051]
MATH 1271 - Calculus I (MATH)
Credits: 4.0 [max 4.0]
Course Equivalencies: Math 1271/Math 1381/Math 1571/
Typically offered: Every Fall, Spring & Summer
Differential calculus of functions of a single variable, including polynomial, rational, exponential, and trig functions. Applications, including optimization and related rates problems. Single variable integral calculus, using anti-derivatives and simple substitution. Applications may include area, volume, work problems. prereq: 4 yrs high school math including trig or satisfactory score on placement test or grade of at least C- in [1151 or 1155]
MATH 1571H - Honors Calculus I (MATH)
Credits: 4.0 [max 4.0]
Course Equivalencies: Math 1271/Math 1381/Math 1571/
Grading Basis: A-F only
Typically offered: Every Fall
Differential/integral calculus of functions of a single variable. Emphasizes hard problem-solving rather than theory. prereq: Honors student and permission of University Honors Program
MATH 1371 - CSE Calculus I (MATH)
Credits: 4.0 [max 4.0]
Course Equivalencies: Math 1271/Math 1381/Math 1571/
Typically offered: Every Fall & Spring
Differentiation of single-variable functions, basics of integration of single-variable functions. Applications: max-min, related rates, area, curve-sketching. Use of calculator, cooperative learning. prereq: CSE or pre-bioprod concurrent registration is required (or allowed) in biosys engn (PRE), background in [precalculus, geometry, visualization of functions/graphs], instr consent; familiarity with graphing calculators recommended
BA 2551 - Business Statistics in R (MATH)
Credits: 4.0 [max 4.0]
Course Equivalencies: BA 2551/SCO 2550
Grading Basis: A-F or Aud
Typically offered: Every Fall & Spring
The purpose of the course is to develop skills for improving data-driven decision-making using statistical techniques in the powerful statistical software environment R. As an introductory statistics course, the content will include three main areas of statistics: Descriptive Statistics, Statistical Inference, and Analysis of Relationships with Scatterplots, Correlation and Linear Regression. Developing statistical literacy is increasingly important in understanding data and engaging in the complex business world. BA 2551 focuses on statistical reasoning and how to implement statistical methods in a business context using R. Topics include (but are not limited to) descriptive statistics, statistical inference, variability, sampling, distributions, correlation analysis, confidence intervals, hypothesis testing, graphical summaries of data, and introduction to linear regression. Through weekly in-class lab sessions and critical thinking assignments related to statistics in business, the course will train students to become informed consumers of numerical information and provide foundational skills in R to compute statistical procedures in future courses. We use existing packages in R as a tool to enable us to solve business problems that can leverage mathematical and statistical thinking. prereq: [Math 1031 or equiv]
ACCT 2051 - Introduction to Financial Reporting
Credits: 4.0 [max 4.0]
Course Equivalencies: Acct 2050/ApEc 1251/Dbln 2051
Grading Basis: A-F or Aud
Typically offered: Every Fall, Spring & Summer
This course introduces the topics of financial reporting and accounting. The purpose of financial accounting is to provide information to the entity owners and external parties to serve as the basis for making decisions about that entity. A student who successfully completes this class should be able to 1) understand the concepts and principles of accounting, 2) analyze, record and report the accounting treatment of business transactions, and 3) prepare, interpret, and analyze financial statements.
ACCT 2051H - Honors: Introduction to Financial Reporting
Credits: 4.0 [max 4.0]
Course Equivalencies: Acct 2050/ApEc 1251/Dbln 2051
Grading Basis: A-F or Aud
Typically offered: Every Spring
This course introduces the topics of financial reporting and accounting. The purpose of the financial accounting is to provide information to the entity owners and external parties to serve as the basis for making decisions about that entity. A student who successfully completes this class should be able to 1) understand the concepts and principles of accounting, 2) analyze, record and report the accounting treatment of business transactions, and 3) prepare, interpret, and analyze financial statements.
BA 1011 - Leading Self & Teams
Credits: 2.0 [max 3.0]
Course Equivalencies: Mgmt 1001/BA 1011
Grading Basis: A-F only
Typically offered: Every Fall & Spring
This course guides Carlson students through a self-reflective journey as they learn about interpersonal competencies and the role of these competencies in their own leadership style and when leading teams. As leadership and teamwork are an essential component in the Carlson education and more broadly in the business community, this class provides the foundational skills necessary for future success. The course is structured into two parts: understanding individual perspectives and understanding team dynamics. The course begins by providing students with a theoretical foundation on interpersonal differences that influence how people lead and interact in teams. Specifically, we explore differences in personality, identity, values, opinions, and cultures and the role they play when interacting with others. The focus of the course is providing students with essential skills to uncover, appreciate and navigate differences to create a solid foundation upon which to develop their own leadership skills and work together as a team. The second half of the course will focus on understanding team dynamics. This class provides students with a unique learning opportunity to learn how teams work while simultaneously working in their teams. In doing so, they will witness the direct application of course material to their own learning teams while completing their team project. Students will learn the science behind how teams are structured, team roles, processes within teams and what leads to effective teams. Specifically, the topics examined will include team decision making, conflict resolution, power, influence, analyzing team dynamics, and providing team feedback. At the end of this course, students will have a deeper understanding of themselves and will master skills for working in and leading teams. prereq: Carlson School of Management student
MGMT 1001H - Honors: Contemporary Management
Credits: 3.0 [max 3.0]
Grading Basis: A-F only
Typically offered: Every Fall & Spring
How/why organizations differ in their forms/purposes in relation to complex/changing environments/technologies. Challenges related to international management and social responsibility. Models of effective leadership/teamwork. prereq: [Fr or soph] honors
MGMT 3001 - Fundamentals of Management
Credits: 3.0 [max 3.0]
Grading Basis: A-F or Aud
Typically offered: Every Fall, Spring & Summer
This course is about the foundational principles of management, encompassing disciplinary and topical boundaries. We will look at these principles from the perspective of how they guide action, specifically: planning, organizing, leading and controlling. By the end of the course, students will know the basics of how to set up organizations to be effective and innovative, and not just efficient. During the course, you will engage with the material in the course and understand how management frameworks can be used to choose the right internal structures and processes that can best react to your particular industry context and general business environment.
BA 2005 - Business Ethics, Corporate Responsibility & Sustainability (CIV)
Credits: 3.0 [max 3.0]
Course Equivalencies: EPsy 3613/EPsy 5613
Grading Basis: A-F only
Typically offered: Every Fall & Spring
This course seeks to give you the vocabulary necessary to describe and explain the ethical issues you will learn to identify through lectures, readings, and case studies. It will provide you with a decision-making framework that you can use to disentangle the most complicated scenarios, which will then allow you to use critical thinking and analysis to arrive at a decision on how you would respond as an individual in an ethically-defensible manner. This course will also anticipate your future career growth into positions of management and leadership, and will help give you the tools to manage people, money, and business affairs both effectively and ethically. BA 2005 was previously offered as Mgmt 1005
BA 2005H - Business Ethics, Corporate Responsibility and Sustainability (CIV)
Credits: 3.0 [max 3.0]
Grading Basis: A-F only
Typically offered: Every Spring
This course seeks to give you the vocabulary necessary to describe and explain the ethical issues you will learn to identify through lectures, readings, and case studies. You will be provided with a decision-making framework that you can use to disentangle the most complicated scenarios, which will then allow you to use critical thinking and analysis to arrive at a decision on how you would respond as an individual in an ethically-defensible manner. This course will also anticipate your future career growth into positions of management and leadership, and will help give you the tools to manage people, money, and business affairs both effectively and ethically. BA2005H was previously offered as MGMT1005H prereq: Honors student
PSY 1001 - Introduction to Psychology (SOCS)
Credits: 4.0 [max 4.0]
Course Equivalencies: PSTL 1281/Psy 1001/Psy 1001H
Typically offered: Every Fall, Spring & Summer
Scientific study of human behavior. Problems, methods, findings of modern psychology.
PSY 1001H - Honors Introduction to Psychology (SOCS)
Credits: 4.0 [max 4.0]
Course Equivalencies: PSTL 1281/Psy 1001/Psy 1001H
Grading Basis: A-F only
Typically offered: Every Fall & Spring
Scientific study of human behavior. Problems, methods, findings of modern psychology. prereq: Honors
BA 2021 - Design Your Career
Credits: 1.0 [max 1.0]
Course Equivalencies: BA 2021/IBus 3006
Grading Basis: S-N only
Typically offered: Every Fall & Spring
The focus of this course is to increase your awareness, knowledge, and skills associated with the career and job search process. The course includes major/career exploration and discovery, as well as the tactical pieces of a job search. You will learn how to write a professional resume and cover letter and will learn how to navigate the interview process. You will be exposed to a variety of individuals who will give you different perspectives on the process, including recruiters from local organizations, alumni, and other business professionals. This development will increase your ability to undertake a successful career and job search in your succeeding years. (Credit will not be granted if credit was received for BA 3000. ) prereq: Carlson School undergraduate student
MKTG 3001 - Principles of Marketing
Credits: 3.0 [max 3.0]
Course Equivalencies: Mktg 3001/Mktg 3001H
Grading Basis: A-F or Aud
Typically offered: Every Fall, Spring & Summer
Introduction to terms, concepts, and skills for analyzing marketing problems. Factors outside the organization affecting its product, pricing, promotion, and distribution decisions. Cases from actual organizations. prereq: ECON 1101 or ECON 1165
SCO 3001 - Sustainable Supply Chain and Operations
Credits: 3.0 [max 3.0]
Grading Basis: A-F or Aud
Typically offered: Every Fall & Spring
Sustainable Supply Chain and Operations Management focuses on the design and management of transformation processes to provide products and services to create value for the people, planet, and firm prosperity. On the one hand, supply chain and operations management involves the integration of activities and processes, to facilitate the flows of materials, services, finances, and information to convert inputs into the firms? primary products and services. Operational issues include the design of products and processes, the procurement of raw materials, the control of inventories, the maintenance of quality, the planning of human resources and facilities, and the delivery of products or services, so that customer expectations and needs are met. Operations also have significant interactions with other functional areas of the firm (e.g., finance, marketing, strategy, and accounting). Therefore, understanding the role of the operations function and its impact on the competitiveness of the firm from both tactical and strategic aspects is an important part of any manager's training. This course will introduce students to the fundamental concepts, operations practices, and models in both manufacturing- and service-oriented firms. The course will cover both quantitative and qualitative methods.
MGMT 3004 - Strategic Management
Credits: 3.0 [max 3.0]
Course Equivalencies: Mgmt 3004/Mgmt 4004W
Grading Basis: A-F only
Typically offered: Every Fall & Spring
Business strategy. How business firms set and pursue their goals. Key categories of strategic issues and concepts/frameworks managers use to analyze and address those issues. Attention to specific firms and situations. prereq: CSOM, soph or jr
FINA 3001 - Finance Fundamentals
Credits: 3.0 [max 3.0]
Course Equivalencies: ApEc 3501/Fina 3001/Fina 3001H
Grading Basis: A-F or Aud
Typically offered: Every Fall & Spring
How competition for capital in Capital Markets establishes metrics and measures used to understand financial performance of the firm. The course introduces the finance view of the firm and the application of value creation principles to firm decision making. Course presents the centrality of cash flows, the theoretical foundations for Time Value of Money, decision tools for investment of capital, basic valuation of stocks and bonds, and the theoretical foundations for the impact of risk on the required return on investor capital. prereq: ACCT 2050 or ACCT 2051, SCO 2550 or BA 2551 or equivalent statistics course
FINA 3001H - Honors: Finance Fundamentals
Credits: 3.0 [max 3.0]
Course Equivalencies: ApEc 3501/Fina 3001/Fina 3001H
Grading Basis: A-F only
Typically offered: Every Fall
Financial management principles. Money/capital markets, risk/return/valuation triad, capital budgeting. Capital structure, financial leverage. Cost of capital, financial performance measures, dividend policy, working capital management, international financial management/derivatives. prereq: Acct 2050 or Acct 2051, SCO 2550 or BA 2551 or equivalent statistics course
IDSC 3001 - Information Systems & Digital Transformation (TS)
Credits: 3.0 [max 3.0]
Grading Basis: A-F or Aud
Typically offered: Every Fall, Spring & Summer
Information technologies have transformed the way businesses operate and the way consumers interact with businesses. They have enabled organizations to increase efficiency, reduce costs, and reach new customers. Their impact goes beyond the business world and affects nearly every aspect of modern society. Along with the benefits they provide, technologies have created new problems around privacy, security, misinformation on social media, algorithmic bias, and potential stifling of competition and innovation. In today's digital age, it is crucial to develop an understanding of information technologies, their impact on business and society, and the challenges they pose for decision making in commercial firms, government agencies, and public policies. This course is designed to cover a broad range of information technology issues in order to prepare students for the knowledge intensive economy of the 21st century. Students will be exposed to not only the technical aspects of information technologies, but also the social, political, and economic factors that shape its development and use. Through a combination of lectures, discussions, videos, in-class exercises and talks by guest speakers, students will gain an in-depth understanding of how information technologies are shaping businesses and the society as a whole. Students will also develop critical thinking skills to analyze and evaluate the impact of technology on society. Topics include business strategy and disruptive technologies, enterprise systems such as those for Customer Relationship Management, Supply Chain Management and Human Resource Management, electronic and mobile commerce, social media applications and their social impact, cloud computing, data analytics, IT privacy and security, artificial intelligence and its social impact.
IDSC 3001H - Honors: Information Systems for Business Processes and Management
Credits: 3.0 [max 3.0]
Course Equivalencies: IDSC 3001/IDSC 3001H
Grading Basis: A-F or Aud
Typically offered: Every Fall
Digital transformation through new technologies such as artificial intelligence, enterprise systems, electronic commerce, Internet of things, social media; IT strategy and data-driven decision making; privacy and security issues related to the Internet; a must take for Honors students who want to be prepared for the rapidly changing technological landscape as successful professionals.
HRIR 3021 - Human Capital Management
Credits: 3.0 [max 3.0]
Course Equivalencies: HRIR 3021/HRIR 3021H/IBUS 3021
Grading Basis: A-F only
Typically offered: Every Fall, Spring & Summer
This course will focus on the people side of business. We will look at how, through managing and leading people, we can create an engaged, productive workforce in order to achieve organizational strategic objectives. The content of this course is complementary to any major or minor. Major topics in this course: - Managing people in an ethical, legal way that is aligned with corporate strategy and helps organizations reach their goals; - Successfully attracting, recruiting, and selecting talented people; - Creating interesting, engaging jobs and giving meaningful feedback in order to retain great employees; - Rewarding and motivating people through intrinsic and extrinsic methods to encourage the most effective and "right" kind of employee behaviors to create an engaged, productive workforce through people strategies and practices.
HRIR 3021H - Honors: Human Capital Management
Credits: 3.0 [max 3.0]
Course Equivalencies: HRIR 3021/HRIR 3021H/IBUS 3021
Grading Basis: A-F only
Typically offered: Every Spring
Human capital is an essential role in today?s organizations. If you plan to be a manager or organizational leader, or if you plan to major or minor in HR, this course is an essential introduction to the role of human resource management in organizations. In this class you will learn: How to recruit and select the best people. How to evaluate performance and give employees feedback. How to help individuals improve when their performance is subpar, and how to conduct terminations when those efforts do not work. Methods that are used to develop individuals so they can move into higher leadership roles. How to examine turnover problems and retain employees. How large companies set pay levels to ensure internal and external equity. Recent issues around worker rights and unions. The basics of employment law. Contemporary human resources issues that employers are dealing with, such as labor market shortages and sexual harassment policies.
IBUS 3033W - Business Communication in a Global Context (WI)
Credits: 4.0 [max 4.0]
Course Equivalencies: BA 3033W/Mgmt 3033W/IBUS 3033W
Grading Basis: A-F only
Typically offered: Every Spring
Written/oral communication skills for effective participation in contemporary organizations. From basic principles to communication strategy. Communication technology. Cases, simulations of "real-world" situations in a domestic and global context. Global perspectives of focus have included India, Spain, South Korea and Japan. prereq: Fr composition, CSOM upper-div, at least 60 cr
ACCT 3001 - Strategic Management Accounting
Credits: 3.0 [max 3.0]
Course Equivalencies: Acct 3001/IBus 3002
Grading Basis: A-F or Aud
Typically offered: Every Fall, Spring & Summer
Costing techniques, including activity-based costing. Applying costing methods to determine costs of products, services, and production processes. Use of costs in operating/strategic decisions. prereq: ACCT 2051 or 2050
IBUS 3002 - Strategic Management Accounting
Credits: 4.0 [max 4.0]
Course Equivalencies: Acct 3001/IBus 3002
Grading Basis: A-F only
Typically offered: Every Fall
Costing techniques, including activity-based costing. Applying costing methods to determine costs of products, services, and production processes. Use of costs in operating/strategic decisions. This education abroad course provides an overview of managerial accounting concepts with a lens towards how different cultural contexts might influence the decisions that managers make around the world or in within different organizational cultures. prereq: ACCT 2051 or 2050
BA 3033W - Business Communication (WI)
Credits: 3.0 [max 3.0]
Course Equivalencies: BA 3033W/Mgmt 3033W/IBUS 3033W
Grading Basis: A-F or Aud
Typically offered: Every Fall, Spring & Summer
This course teaches strategies and skills to communicate with confidence, clarity, and impact in business settings. Students develop their abilities in critical thinking (analyzing data, audience, purpose, and context) and craft (honing skills in storytelling, persuasion, writing, diction, tone, presence, data visualization, and visual design). They learn to navigate ambiguity, evaluate the needs of internal and external stakeholders, and communicate solutions to complex business problems. The course is performance- and project-based. Students produce professional-level memos, emails, and research-based proposal decks. They deliver multiple presentations (individual and team) and learn to communicate effectively with data. Students will meet with the instructor in small groups outside of class time for one scheduled lab session. The course culminates in the Case Study Competition where student teams apply their knowledge to address a real challenge from one of our industry partners. prereq: First Year Writing, Carlson School junior or senior.
IBUS 3033W - Business Communication in a Global Context (WI)
Credits: 4.0 [max 4.0]
Course Equivalencies: BA 3033W/Mgmt 3033W/IBUS 3033W
Grading Basis: A-F only
Typically offered: Every Spring
Written/oral communication skills for effective participation in contemporary organizations. From basic principles to communication strategy. Communication technology. Cases, simulations of "real-world" situations in a domestic and global context. Global perspectives of focus have included India, Spain, South Korea and Japan. prereq: Fr composition, CSOM upper-div, at least 60 cr
MGMT 3045 - Understanding the International Environment of Firms: International Business
Credits: 2.0 [max 2.0]
Grading Basis: A-F or Aud
Typically offered: Every Fall & Spring
Theories, frameworks, tools, and facts for understanding the environment of firms in international competition. Main world-level economic flows (trade, investment, finance). How country-/industry-level economic, political, and sociocultural factors influence behavior/functions of firms in international competition. prereq: MGMT 3001 or 3004
ACCT 5311 - International Accounting
Credits: 2.0 [max 2.0]
Grading Basis: A-F or Aud
Typically offered: Every Spring
Causes/history of international differences in design of financial accounting/reporting systems, efforts to harmonize them into worldwide system. Role/impact of currency translation on financial statements. International Accounting Standards, conceptual framework. prereq: 5101; [5102 or concurrent registration is required (or allowed) in 5102] recommended
FINA 4621 - The Global Economy (Macro)
Credits: 2.0 [max 2.0]
Course Equivalencies: Fina 4621/Fina 4641
Grading Basis: A-F only
Typically offered: Every Fall & Spring
The course is intended to help you develop a global perspective on the economy. You will develop a set of skills and concepts that will permit you to understand and to analyze the foundations of the economy at large. We want to understand the main drivers of economic growth over time and across countries. Key skills and conceptual take-aways from this course: 1. Explain how an economy, firms, labor, and finance fit together. 2. Able to use the Solow and Romer growth models: i) to understand long term growth, ii) to predict shock effects, iii) to measure TFP iv) to examine GDP differences across countries 3. Understand labor market using supply and demand, and using the bathtub model 4. Able to analytically derive the classical gains from free trade. Understand key benefits and drawbacks to globalization. The lectures are structured as Foundations, Growth, Labor, Globalization. We start by setting up a foundation that stresses the fact that things have to fit together coherently. We need to be careful about how we measure things. The role of firms and financial markets are frequently misunderstood so we devote special effort to why these exist and what role they play. Next we turn to the overall evolution of the economy ? sometimes called mega-trends. People open underestimate the amount of economic variation from one decade to the next and hence may not adequately prepare. A key purpose of this course is to help you understand key drivers of economic growth, and the wealth difference across time and between countries. This will provide context for you to think about some potentially forthcoming major changes. The role of labor deserves special attention since it connects directly to human beings. The treatment of, and returns to labor are critical to human welfare. We will consider the labor market in general, unemployment, and inequality both within and across countries. Finally we will examine the role of globalization and international trade. We will formally develop the classical gains from free trade. We will also discuss the reasons for controversies surrounding trade and globalization. prereq: 3001 or 3001H, CSOM major or Math major/Act Sci, or Management minor.
FINA 4622 - International Finance
Credits: 2.0 [max 2.0]
Grading Basis: A-F only
Typically offered: Every Fall & Spring
This course provides the student with an understanding of the nature and purposes of financial management in the international context for multinational enterprises and skills in international investment, financing techniques and exchange rate risks. The student will examine barriers to international capital flows and some of the tools used to overcome these barriers. The course presents cost of capital in emerging economies and currency risk management. prereq: CSOM major, Fina 3001 or 3001H, 4121 or 4121H, 4221
MGMT 3039 - Intercultural Business Communication (GP)
Credits: 3.0 [max 3.0]
Grading Basis: A-F only
Typically offered: Every Spring
This course teaches students how to create culturally aware messages in business settings. Students will learn to recognize the cultural dimensions and communication patterns of various social identities that form at the intersection of nationality, religion, race, ethnicity, and gender. Through intercultural development assessments, case studies, simulations, business writing assignments, and discussions, students will: 1) reflect on their own cultural identities and worldview, 2) recognize how different cultural values can impact business success, and 3) engage in debates about the complex ethical, political, and social issues that arise from cross-cultural exchange.
MKTG 4081W - Marketing Strategy (WI)
Credits: 4.0 [max 4.0]
Grading Basis: A-F or Aud
Typically offered: Every Fall & Spring
Determining product markets where organizations should compete based on ability to create/maintain competitive advantage. External environment of business. Constructing/evaluating global marketing strategies. Largely case-based. This is the capstone course in the Marketing major. prereq: Mktg 3011, Mktg 3041, (or Mktg 3010 & Mktg 3040) and 8 Mktg elective credits
IBUS 3010 - Introduction to Global Entrepreneurship
Credits: 4.0 [max 12.0]
Course Equivalencies: IBUS 3010/Mgmt 3010
Grading Basis: A-F only
Typically offered: Every Spring
This course is an introduction to the fundamentals of entrepreneurship. Students will learn entrepreneurship concepts and apply them to opportunities in a variety of global contexts including China, Cuba, Brazil, and others. Students will interact virtually with global entrepreneurs and leaders. After engaging with international entrepreneurs students will apply their experience to future entrepreneurship opportunities.
IBUS 3081 - Sustainability and Corporate Social Responsibility in Costa Rica
Credits: 4.0 [max 4.0]
Grading Basis: A-F only
Typically offered: Every Fall
Study abroad course focused on sustainability and corporate social responsibility. This course will utilize these constructs to introduce students to an overview of emerging approaches to business and its relationship with the environment. CSR and corporate approaches to sustainability will be explored from a global perspective.
IBUS 4082W - Brand Management (WI)
Credits: 4.0 [max 4.0]
Course Equivalencies: IBus 4082W/Mktg 4082W
Grading Basis: A-F only
Typically offered: Every Spring
How do firms build great brands, such as Apple and Nike? How do firms leverage their popular brands to expand into new markets, new products, and new countries? This course focuses on questions like these to help students understand how to use brand strategies to successfully build, measure, and manage brands. Students participate in a course-long project to research and evaluate brand strategies used by a brand of their choosing. The course includes lectures, cases, and project check-ins between group members and their instructor. prereq: MKTG 3010 and MKTG 3040
APEC 3007 - Applied Macroeconomics: Policy, Trade, and Development (GP)
Credits: 3.0 [max 3.0]
Typically offered: Every Fall & Spring
Indicators of economic development, growth in trade, and welfare of developing countries. Globalization. Drivers of growth, productivity, technical change, and research. Comparative advantage. Distribution consequences of trade. Trade policy instruments/institutions. prereq: [1101 or ECON 1101], [1101H or ECON 1101H], [1102 or ECON 1102], [1102H or ECON 1102H]; 3001, 3006 recommended
GEOG 3331 - Geography of the World Economy (SOCS, GP)
Credits: 3.0 [max 3.0]
Course Equivalencies: Geog 3331/GloS 3231
Typically offered: Every Fall
An invisible, not-quite-dead, not-quite-alive entity?the coronavirus?forced us, rudely and tragically, to reckon with space. As we try and maintain social distance from other bodies, wear masks to disrupt the virus? pathways of diffusion, confront shortages in grocery stores, home supply outlets, and car dealerships, adjust to interruptions in many services, and either choose to, or are forced to stay at home, in our cities, in our countries, we are thinking and acting spatially. And we are reminded that ?stuff??food, medicines, toilet paper?reaches us often through geographically extensive and logistically intricate webs of economic production and distribution. We will learn what it means to think geographically about the capitalist economy as a spatial, relational formation. In doing so, we will challenge dominant ways of understanding and analyzing the economy, and of what counts as economic. We will also examine two simultaneous aspects of the world economy?fixity and flow. On the one hand, the economy propels and is propelled by flows?of goods, of services, of people, of labor, and of finance. On the other hand, physical infrastructures are rooted in place on the earth. After all, even the digital worlds of Facebook, Google, and Amazon are enabled by vast server farms. The course will also highlight the production and proliferation of inequalities?between social groups, states, countries, and regions?in and by the world economy. In fact, we will ask: Is economic unevenness a mere byproduct of capitalist economic growth, or the condition of possibility for it? Finally, we will discuss the relationships between global phenomena and local events. Crises like global climate change, overflows of waste matter, COVID19, and the 2008 financial meltdown make it clear that the global and the local are intimately entangled. Not only do global events impact individual livelihoods, including yours and mine, but economic jitters in one place can escalate, sending shockwaves across the world.
GLOS 3415W - Global Institutions of Power: World Bank, International Monetary Fund, and World Trade Organization (GP, WI)
Credits: 3.0 [max 3.0]
Course Equivalencies: GloS 3415W/ Soc 3417W
Grading Basis: A-F or Aud
Typically offered: Periodic Fall
This course will introduce students to some of the world's most powerful global institutions -- such as the World Bank (IBRD), the International Monetary Fund (IMF), the World Trade Organization (WTO), the United Nations, and affiliated agencies such as UNHCR (for refugee support). We will follow their efforts to promote a style of global development practices -- large-scale capital lending and global expertise building -- that has crystallized into a common understanding of how global north-south dynamics should progress. Cases pursued in class may include their lending and debt policies, dam building and energy projects, climate resilience and water loans, and the ways they mediate free trade agreements among competing countries. We will also hear from the multitude of voices, theories, and practices that offer alternative visions as to how peoples strive to produce a more just, socially equitable, and climate-safe world. We will use books, articles, films, in-class debates, case study exploration, small-group projects, and guest speakers to create a lively discussion-based classroom environment.
SOC 3417W - Global Institutions of Power: World Bank, International Monetary Fund, and World Trade Organization (GP, WI)
Credits: 3.0 [max 3.0]
Course Equivalencies: GloS 3415W/ Soc 3417W
Grading Basis: A-F or Aud
Typically offered: Periodic Fall
This course will introduce students to some of the world's most powerful global institutions -- such as the World Bank (IBRD), the International Monetary Fund (IMF), the World Trade Organization (WTO), the United Nations, and affiliated agencies such as UNHCR (for refugee support). We will follow their efforts to promote a style of global development practices -- large-scale capital lending and global expertise building -- that has crystallized into a common understanding of how global north-south dynamics should progress. Cases pursued in class may include their lending and debt policies, dam building and energy projects, climate resilience and water loans, and the ways they mediate free trade agreements among competing countries. We will also hear from the multitude of voices, theories, and practices that offer alternative visions as to how people strive to produce a more just, socially equitable, and climate-safe world. We will use books, articles, films, in-class debates, case study exploration, small-group projects, and guest speakers to create a lively discussion-based classroom environment.
HIST 3419 - History of Capitalism: Uneven Development Since 1500
Credits: 3.0 [max 3.0]
Course Equivalencies: GloS 3219/Hist 3419
Typically offered: Periodic Fall & Spring
Causes of economic inequities in contemporary world. Long-term economic developments in cases taken from Africa, Asia, Europe, and North/South America. Various theoretical approaches to study of economic development. Introduction to key concepts.
POL 3835 - International Relations (SOCS, GP)
Credits: 3.0 [max 3.0]
Typically offered: Every Fall, Spring & Summer
Why do countries go to war? Are individuals, organizations, and states driven by their interests or their ideas? What role does power play in international relations and is there any role for justice in global politics? Do international laws and transnational advocacy groups matter in a world dominated by powerful states? Whose interests are served by a globalizing world economy? These questions are central to the study of international relations, yet different theoretical approaches have been developed in an attempt to answer them. Often these approaches disagree with one another, leading to markedly different policy prescriptions and predictions for future events. This course provides the conceptual and theoretical means for analyzing these issues, processes, and events in international politics. By the end of this class, you will be able to understand the assumptions, the logics, and the implications of major theories and concepts of international relations. These include realism and neorealism, liberalism and liberal institutionalism, constructivism, feminism, Marxism, and critical theory. A special effort is made to relate the course material to world events, developments, or conflicts in the past decade or so.
POL 4481 - Comparative Political Economy: Governments and Markets
Credits: 3.0 [max 3.0]
Course Equivalencies: Pol 3481H/Pol 4481
Typically offered: Periodic Fall & Spring
This course analyzes the compatibility of democracy and markets - whether democratic institutions undermine (enhance) the workings of market institutions and vice versa. Competing theoretical perspectives in political economy are critically evaluated. And the experiences of countries with different forms of democratic market systems are studied. Among the topics singled out for in-depth investigation are the economics of voting, producer group politics, the politics of monetary and fiscal policy, political business cycles, and trade politics.
AMST 4301 - Workers and Consumers in the Global Economy (DSJ)
Credits: 3.0 [max 3.0]
Typically offered: Every Spring
Impact of global economy on workplaces/workers in the United states, Mexico, and Caribbean countries. Influence on consumption. Consequences for American culture/character. Effects on U.S./Mexican factory work, service sector, temporary working arrangements, offshore production jobs in Dominican Republic, and professional/managerial positions.
ANTH 3003 - Cultural Anthropology
Credits: 3.0 [max 3.0]
Course Equivalencies: Anth 3003/GloS 3003
Typically offered: Every Fall, Spring & Summer
Topics vary. Field research. Politics of ethnographic knowledge. Marxist/feminist theories of culture. Culture, language, and discourse. Psychological anthropology. Culture/transnational processes.
ANTH 3005W - Language, Culture, and Power (SOCS, DSJ, WI)
Credits: 4.0 [max 4.0]
Typically offered: Every Spring
Studying language as a social practice, students transcribe and analyze conversation they record themselves, and consider issues of identity and social power in daily talk.
ANTH 4031W - Anthropology and Social Justice (CIV, WI)
Credits: 4.0 [max 4.0]
Typically offered: Spring Odd Year
Practical application of theories/methods from social/cultural anthropology. Issues of policy, planning, implementation, and ethics as they relate to applied anthropology. prereq: 1003 or 1005 or 4003 or grad student or instr consent
ANTH 4053 - Economy, Culture, and Critique (SOCS, GP)
Credits: 3.0 [max 3.0]
Course Equivalencies: Anth 4053/8205
Typically offered: Every Fall
Systems of production/distribution, especially in nonindustrial societies. Comparison, history, critique of major theories. Cross-cultural anthropological approach to material life that subsumes market/nonmarket processes.
ANTH 4121 - Business Anthropology
Credits: 3.0 [max 3.0]
Course Equivalencies: Anth 4121/Anth 5121
Typically offered: Every Spring
Anthropological/ethnographic understandings/research techniques.
GEOG 3381W - Population in an Interacting World (SOCS, GP, WI)
Credits: 3.0 [max 4.0]
Course Equivalencies: Geog 3381W/GLOS 3701W
Typically offered: Every Fall, Spring & Summer
Comparative analysis and explanation of trends in fertility, mortality, internal and international migration in different parts of the world; world population problems; population policies; theories of population growth; impact of population growth on food supply and the environment.
GEOG 3379 - Environment and Development in the Third World (SOCS, ENV)
Credits: 3.0 [max 3.0]
Course Equivalencies: Geog 3379/GloS 3303
Grading Basis: A-F or Aud
Typically offered: Every Spring
Inequality in the form of extreme wealth and poverty in our world are major causes of environmental degradation. In addition, development failure as well as certain forms of economic growth always led to environment disasters. This course examines how our world?s economic and political systems and the livelihoods they engender have produced catastrophic local and global environmental conditions. Beyond this, the course explores alternative approaches of achieving sustainable environment and equitable development. prereq: Soph or jr or sr
GLOS 3602 - Other Worlds: Globalization and Culture
Credits: 3.0 [max 3.0]
Grading Basis: A-F or Aud
Typically offered: Every Fall & Spring
'Globalization' and 'Culture' are both terms that have been defined and understood in a variety of ways and the significance of which continues to be debated to the present, both inside and outside the academy. Globalization has been talked about both as an irresistible historical force, tending toward the creation of an increasingly interconnected, or, as is sometimes claimed, an increasingly homogeneous world, and as a set of processes, the outcome of which remains open-ended and uncertain, as likely to produce new kinds of differences as universal sameness. Culture meanwhile has been variously defined as that which distinguishes humans from other species (and which all humans therefore share) and as that which divides communities of humans from one another on the basis of different beliefs, customs, values etc. This course reflects on some of the possible meanings of both "Globalization" and "Culture" and asks what we can learn by considering them in relation to one another. How do the phenomena associated with globalization, such as increasing flows of people, capital, goods and information across increasing distances challenge our understandings of culture, including the idea that the world is composed of so many discrete and bounded "cultures"? At the same time, does culture and its associated expressive forms, including narrative fiction, poetry and film, furnish us with new possibilities for thinking about globalization? Does global interconnection produce a single, unified world, or multiple worlds? Are the movements of people, goods, ideas and information across distances associated with new developments caused by contemporary globalization, or have they been going on for centuries or even millennia? Might contemporary debates about climate change and environmental crisis compel us to consider these phenomena in new ways? The course addresses these questions as they have been discussed by scholars from a variety of disciplines and as they have been imagined by artists, poets, novelists and filmmakers. In doing so, it considers whether the distinctiveness of present day globalization is to be sought in part in the new forms of imagining and creative expression to which it has given rise.
GLOS 4221 - Globalize This! Understanding Globalization Through Sociology (GP)
Credits: 3.0 [max 3.0]
Course Equivalencies: GloS 4221/Soc 4321
Grading Basis: A-F or Aud
Typically offered: Periodic Fall
From the city streets of Bangalore to the high plateaus of La Paz to the trading floors of New York City, people from around the world are becoming increasingly interdependent, creating new and revitalizing old forms of power and opportunity, exploitation and politics, social organizing and social justice. This course offers an overview of the processes that are forcing and encouraging people?s lives to intertwine economically, politically, and culturally. prereq: Soc majors/minors must register A-F
SOC 4321 - Globalize This! Understanding Globalization through Sociology (GP)
Credits: 3.0 [max 3.0]
Course Equivalencies: GloS 4221/Soc 4321
Grading Basis: A-F or Aud
Typically offered: Periodic Fall
From the city streets of Bangalore to the high plateaus of La Paz to the trading floors of New York City, people from around the world are becoming increasingly interdependent, creating new and revitalizing old forms of power and opportunity, exploitation and politics, social organizing and social justice. This course offers an overview of the processes that are forcing and encouraging people?s lives to intertwine economically, politically, and culturally. prereq: Soc majors/minors must register A-F
SPAN 3105W - Introduction to the Study of Hispanic Cultures (WI)
Credits: 3.0 [max 3.0]
Course Equivalencies: Span 3105W/Span 3105V/Tldo 310
Typically offered: Every Fall & Spring
Span 3105W is a writing-intensive course centered on major issues of culture in the context of the Spanish-speaking world. It is not a history of civilization, nor is it a survey of either Latin American or Peninsular literature. Rather, our objective here is to familiarize ourselves with the different issues central to the development of the Hispanic world as a cultural entity, and to practice analyzing and questioning received notions of culture in this context. We will examine all sorts of texts--literary, visual, musical, and filmic--from all periods of both Latin American (including Brazil) and Peninsular history, reading them through the lens of a series of topics. These topics are as follows: Mapas del mundo hispánico/Maps of the Hispanic world, Política y legado del encuentro cultural/Politics and legacies of cultural encounter, Discursos de identidad social/Discourses of social identity, Coerción y subversión/Coercion and subversion, Las naciones modernas/Modern nations, and Cultura élite-cultura popular-cultura de masas/High culture-popular culture-mass culture. prereq: a grade of C- or better in SPAN 3015W or 3015V or 3019W
ACCT 5311 - International Accounting
Credits: 2.0 [max 2.0]
Grading Basis: A-F or Aud
Typically offered: Every Spring
Causes/history of international differences in design of financial accounting/reporting systems, efforts to harmonize them into worldwide system. Role/impact of currency translation on financial statements. International Accounting Standards, conceptual framework. prereq: 5101; [5102 or concurrent registration is required (or allowed) in 5102] recommended
FINA 4621 - The Global Economy (Macro)
Credits: 2.0 [max 2.0]
Course Equivalencies: Fina 4621/Fina 4641
Grading Basis: A-F only
Typically offered: Every Fall & Spring
The course is intended to help you develop a global perspective on the economy. You will develop a set of skills and concepts that will permit you to understand and to analyze the foundations of the economy at large. We want to understand the main drivers of economic growth over time and across countries. Key skills and conceptual take-aways from this course: 1. Explain how an economy, firms, labor, and finance fit together. 2. Able to use the Solow and Romer growth models: i) to understand long term growth, ii) to predict shock effects, iii) to measure TFP iv) to examine GDP differences across countries 3. Understand labor market using supply and demand, and using the bathtub model 4. Able to analytically derive the classical gains from free trade. Understand key benefits and drawbacks to globalization. The lectures are structured as Foundations, Growth, Labor, Globalization. We start by setting up a foundation that stresses the fact that things have to fit together coherently. We need to be careful about how we measure things. The role of firms and financial markets are frequently misunderstood so we devote special effort to why these exist and what role they play. Next we turn to the overall evolution of the economy ? sometimes called mega-trends. People open underestimate the amount of economic variation from one decade to the next and hence may not adequately prepare. A key purpose of this course is to help you understand key drivers of economic growth, and the wealth difference across time and between countries. This will provide context for you to think about some potentially forthcoming major changes. The role of labor deserves special attention since it connects directly to human beings. The treatment of, and returns to labor are critical to human welfare. We will consider the labor market in general, unemployment, and inequality both within and across countries. Finally we will examine the role of globalization and international trade. We will formally develop the classical gains from free trade. We will also discuss the reasons for controversies surrounding trade and globalization. prereq: 3001 or 3001H, CSOM major or Math major/Act Sci, or Management minor.
FINA 4622 - International Finance
Credits: 2.0 [max 2.0]
Grading Basis: A-F only
Typically offered: Every Fall & Spring
This course provides the student with an understanding of the nature and purposes of financial management in the international context for multinational enterprises and skills in international investment, financing techniques and exchange rate risks. The student will examine barriers to international capital flows and some of the tools used to overcome these barriers. The course presents cost of capital in emerging economies and currency risk management. prereq: CSOM major, Fina 3001 or 3001H, 4121 or 4121H, 4221
MGMT 3039 - Intercultural Business Communication (GP)
Credits: 3.0 [max 3.0]
Grading Basis: A-F only
Typically offered: Every Spring
This course teaches students how to create culturally aware messages in business settings. Students will learn to recognize the cultural dimensions and communication patterns of various social identities that form at the intersection of nationality, religion, race, ethnicity, and gender. Through intercultural development assessments, case studies, simulations, business writing assignments, and discussions, students will: 1) reflect on their own cultural identities and worldview, 2) recognize how different cultural values can impact business success, and 3) engage in debates about the complex ethical, political, and social issues that arise from cross-cultural exchange.
MKTG 4081W - Marketing Strategy (WI)
Credits: 4.0 [max 4.0]
Grading Basis: A-F or Aud
Typically offered: Every Fall & Spring
Determining product markets where organizations should compete based on ability to create/maintain competitive advantage. External environment of business. Constructing/evaluating global marketing strategies. Largely case-based. This is the capstone course in the Marketing major. prereq: Mktg 3011, Mktg 3041, (or Mktg 3010 & Mktg 3040) and 8 Mktg elective credits
ANTH 3005W - Language, Culture, and Power (SOCS, DSJ, WI)
Credits: 4.0 [max 4.0]
Typically offered: Every Spring
Studying language as a social practice, students transcribe and analyze conversation they record themselves, and consider issues of identity and social power in daily talk.
GEOG 3161 - Europe: A Geographic Perspective (GP)
Credits: 3.0 [max 3.0]
Course Equivalencies: Geog 3161/GLoS 3921
Typically offered: Fall Even Year
It is impossible to think about the contemporary world without the lasting impact Europe has had on it. But what are the deeper reasons for Europe to emerge as a dominant region from the late Middle Ages onwards? Why has Europe recently found itself in profound economic and political, even existential crisis? Historical geography provides answers. Divided by landscape, language, religion, and war, European empires imposed the state-form, capitalism, and their cultures on the rest of the world. European societies even became the supposed standard for how all humanity is meant to live. But there have always been cracks in this success story. The project of the European Union promised peace and prosperity for half a billion people but faces unprecedented challenges, from Brexit, the Ukraine war, and the return of state racism to climate change and covid. This course will guide you through Europe?s general historical characteristics to understand how it shaped globalization.
GEOG 3379 - Environment and Development in the Third World (SOCS, ENV)
Credits: 3.0 [max 3.0]
Course Equivalencies: Geog 3379/GloS 3303
Grading Basis: A-F or Aud
Typically offered: Every Spring
Inequality in the form of extreme wealth and poverty in our world are major causes of environmental degradation. In addition, development failure as well as certain forms of economic growth always led to environment disasters. This course examines how our world?s economic and political systems and the livelihoods they engender have produced catastrophic local and global environmental conditions. Beyond this, the course explores alternative approaches of achieving sustainable environment and equitable development. prereq: Soph or jr or sr
GLOS 3415W - Global Institutions of Power: World Bank, International Monetary Fund, and World Trade Organization (GP, WI)
Credits: 3.0 [max 3.0]
Course Equivalencies: GloS 3415W/ Soc 3417W
Grading Basis: A-F or Aud
Typically offered: Periodic Fall
This course will introduce students to some of the world's most powerful global institutions -- such as the World Bank (IBRD), the International Monetary Fund (IMF), the World Trade Organization (WTO), the United Nations, and affiliated agencies such as UNHCR (for refugee support). We will follow their efforts to promote a style of global development practices -- large-scale capital lending and global expertise building -- that has crystallized into a common understanding of how global north-south dynamics should progress. Cases pursued in class may include their lending and debt policies, dam building and energy projects, climate resilience and water loans, and the ways they mediate free trade agreements among competing countries. We will also hear from the multitude of voices, theories, and practices that offer alternative visions as to how peoples strive to produce a more just, socially equitable, and climate-safe world. We will use books, articles, films, in-class debates, case study exploration, small-group projects, and guest speakers to create a lively discussion-based classroom environment.
SOC 3417W - Global Institutions of Power: World Bank, International Monetary Fund, and World Trade Organization (GP, WI)
Credits: 3.0 [max 3.0]
Course Equivalencies: GloS 3415W/ Soc 3417W
Grading Basis: A-F or Aud
Typically offered: Periodic Fall
This course will introduce students to some of the world's most powerful global institutions -- such as the World Bank (IBRD), the International Monetary Fund (IMF), the World Trade Organization (WTO), the United Nations, and affiliated agencies such as UNHCR (for refugee support). We will follow their efforts to promote a style of global development practices -- large-scale capital lending and global expertise building -- that has crystallized into a common understanding of how global north-south dynamics should progress. Cases pursued in class may include their lending and debt policies, dam building and energy projects, climate resilience and water loans, and the ways they mediate free trade agreements among competing countries. We will also hear from the multitude of voices, theories, and practices that offer alternative visions as to how people strive to produce a more just, socially equitable, and climate-safe world. We will use books, articles, films, in-class debates, case study exploration, small-group projects, and guest speakers to create a lively discussion-based classroom environment.
HIST 3468 - Social Change in Modern China
Credits: 3.0 [max 3.0]
Course Equivalencies: EAS 3468W/Hist 3468W/5468
Typically offered: Every Fall
Opium War and opening of Treaty Ports in 19th century. Missionary activity and cultural influence. Changes in education system. Women's movement. Early industrialization. Socialism/collectivization after 1949. Industrialization of Taiwan. PRC's entry into world trading system.
MM 3001W - Manufacturing in the Global Economy (WI)
Credits: 3.0 [max 3.0]
Grading Basis: A-F or Aud
Typically offered: Every Fall & Spring
In this course, you'll find out just how innovative, strategic, and creative manufacturing is. The course is a great elective for students seeking a better understanding of the core sector in both U.S. and international economies. The overall objective of MM 3001W is to explore different facets of manufacturing in today's global economy, and the three dimensions of the high-performance manufacturing organization (HPMO) model--leadership, product quality, and innovation--are paramount in that exploration. You'll take a look at past and current Minnesota manufacturing companies (3M and Red Wing Shoes, for example) that are surviving and thriving in today's economy, and also learn why some of those Minnesota companies have failed. As a writing intensive course, MM 3001W also prepares students to be successful writers, both in their coursework at the University of Minnesota and in their future careers, as special attention will be paid to real-world writing applications, skills, and processes. Prerequisites: None.
MM 4035 - Global Supply Chain Management
Credits: 3.0 [max 3.0]
Grading Basis: A-F or Aud
Typically offered: Every Fall
A supply chain is the process that ensures that any particular thing gets made and distributed efficiently and with high quality. It comprises diverse suppliers, all of whom have a different role to play. You will learn about the complex ballet that ties these suppliers together into a larger system and schedule?a supply chain. Through weekly online group work and real-life case study analysis, you will come to understand the value of interrelationships between product development, purchasing, manufacturing, customer service, and distribution. Your subject matter will be the real-world function of supply chains for familiar products, and by the end of the course, you will know how to think about effective supply chains. You?ll also have opportunities to do a complete analysis of a real organization as well as interview a professional who works with supply chains on a daily basis. prereq: None.
OLPD 3381 - Developing Intercultural Competence
Credits: 3.0 [max 3.0]
Grading Basis: A-F or Aud
Typically offered: Every Fall
Past/current research on intercultural leadership. Students share their understanding/experiences within intercultural framework.
POL 3477 - Political Economy of Development (SOCS, GP)
Credits: 3.0 [max 3.0]
Typically offered: Every Fall, Spring & Summer
How can the vast disparities of wealth between countries be explained? Why have some countries in the post-colonial world, in particular, those of East Asia, experienced stunning economic growth, while those in other parts have not? We will explore inequality among nations through an engagement with competing explanations from multiple disciplines. Do free markets, the legacies of colonialism, state power, culture, or geography offer the most persuasive account of current patterns of global inequality? The course also examines what we mean by "development" and exposes students to cutting-edge debates in contemporary development studies. By the end of the course, students will have a better understanding of the causes of and possible solutions to global inequality.
POL 4481 - Comparative Political Economy: Governments and Markets
Credits: 3.0 [max 3.0]
Course Equivalencies: Pol 3481H/Pol 4481
Typically offered: Periodic Fall & Spring
This course analyzes the compatibility of democracy and markets - whether democratic institutions undermine (enhance) the workings of market institutions and vice versa. Competing theoretical perspectives in political economy are critically evaluated. And the experiences of countries with different forms of democratic market systems are studied. Among the topics singled out for in-depth investigation are the economics of voting, producer group politics, the politics of monetary and fiscal policy, political business cycles, and trade politics.
PSY 3301 - Introduction to Cultural Psychology
Credits: 3.0 [max 3.0]
Course Equivalencies: Argn 3301/Madr 3301/Psy 3301
Grading Basis: A-F or Aud
Typically offered: Every Fall & Spring
Theories/research on how culture influences basic psychological processes (e.g., emotion, cognition, psychopathology) in domains that span different areas of psychology (e.g., social, clinical, developmental, industrial-organizational) and of other disciplines (e.g., anthropology, public health, sociology). prereq: 1001
GCC 5003 - Seeking Solutions to Global Health Issues (GP)
Credits: 3.0 [max 3.0]
Grading Basis: A-F only
Typically offered: Periodic Fall
Often, the most progress on challenging issues such as health and equity is made when you apply an interdisciplinary perspective. The same is true for global health issues. Whether responding to emerging pandemics, food insecurity, maternal mortality, or civil society collapse during conflict, solutions often lie at the intersection of animal, environmental, and human health. In this course, students will work in teams to examine the fundamental challenges to addressing complex global health problems in East Africa and East African refugee communities here in the Twin Cities. Together we will seek practical solutions that take culture, equity, and sustainability into account. In-field professionals and experts will be available to mentor each team, including professionals based in Uganda and Somalia. This exploration will help students propose realistic actions that could be taken to resolve these issues. This course will help students gain the understanding and skills necessary for beginning to develop solutions to global health issues. This is a Grand Challenge Curriculum course. GCC courses are open to all students and fulfill an honors experience for University Honors Program students.
GCC 5005 - Innovation for Changemakers: Design for a Disrupted World (GP)
Credits: 3.0 [max 3.0]
Course Equivalencies: CEGE 5571/GCC 3005/GCC 5005
Grading Basis: A-F only
Typically offered: Periodic Fall & Summer
Do you want to make a difference? We live in a world full of complex challenges, such as COVID-19, racism, economic recession, and environmental collapse, to name a few. Now is the time to use your own skills and passion to make a positive impact in the world. In this project-based course, you will learn how to develop effective and sustainable responses to current social and environmental problems. You'll study a variety of tools, mindsets, and skills that will help you to address any complex grand challenge, as well as engage with case studies of successful grand challenge projects in the past. Your project may address food insecurity, unemployment, housing, environmental impacts, equity, or other issues. Proposed designs for how you might have an impact may take many forms (student group, program intervention with an existing organization, public policy strategy, or for-profit or non-profit venture) but this class will focus on how to make ideas financially sustainable. The primary focus of this (GCC 5005) course is how to develop a pilot project plan that addresses a grand challenge. You will learn business modeling, financial projections, and pitching to potential investors and funders. You will build a model for your idea around input from primary and secondary research, as well as the affected community?s culture, needs, and wants. Community members, locally and globally, may serve as mentors and research consultants to teams. External speakers will be brought in to share their stories of how to build and scale innovative efforts to serve the common good. Students enrolled will work either independently, or in small teams, on a project of their own choosing. Ideally, students will apply to take this class with a project in mind. By the end of the class, students will have a well-designed plan to turn their project into an actionable solution if that is of interest. This is a Grand Challenge Curriculum course. GCC courses are open to all students and fulfill an honors experience for University Honors Program students.
MGMT 4505 - Senior Seminar in International Business
Credits: 2.0 [max 2.0]
Grading Basis: A-F only
Typically offered: Every Fall & Spring
Globalization and the technological developments of the digital age have created exciting new opportunities for managers who seek growth and profits by accessing resources and serving markets worldwide. At the same time, managing across cultures and nations in a world where foreign companies are not always viewed in a positive light, poses its own challenges. This course will address the global context and then focus on the strategic and cultural challenges involved in managing activities across borders, in an increasingly interconnected world. It will build on the concepts introduced in MGMT 3040, as well as the students? ?Study abroad? experience (if any, given recent travel restrictions). Our course is taking place in the midst of an unprecedented (peace-time) world-wide threat. The pandemic has created a host of paradoxes. Countries have closed their borders and yet, have never depended so much on each other to deal with the common threat. We are acutely aware that one country's failure is every country's failure when one single item is on top of everyone's agenda. Even though these are challenging times for all of us, they also provide an extremely rich context within which we can discuss the topics on our syllabus. prereq: CSOM sr, completed semester abroad, IB major or minor
ANTH 4031W - Anthropology and Social Justice (CIV, WI)
Credits: 4.0 [max 4.0]
Typically offered: Spring Odd Year
Practical application of theories/methods from social/cultural anthropology. Issues of policy, planning, implementation, and ethics as they relate to applied anthropology. prereq: 1003 or 1005 or 4003 or grad student or instr consent
ANTH 3005W - Language, Culture, and Power (SOCS, DSJ, WI)
Credits: 4.0 [max 4.0]
Typically offered: Every Spring
Studying language as a social practice, students transcribe and analyze conversation they record themselves, and consider issues of identity and social power in daily talk.
GEOG 3381W - Population in an Interacting World (SOCS, GP, WI)
Credits: 3.0 [max 4.0]
Course Equivalencies: Geog 3381W/GLOS 3701W
Typically offered: Every Fall, Spring & Summer
Comparative analysis and explanation of trends in fertility, mortality, internal and international migration in different parts of the world; world population problems; population policies; theories of population growth; impact of population growth on food supply and the environment.
IBUS 4082W - Brand Management (WI)
Credits: 4.0 [max 4.0]
Course Equivalencies: IBus 4082W/Mktg 4082W
Grading Basis: A-F only
Typically offered: Every Spring
How do firms build great brands, such as Apple and Nike? How do firms leverage their popular brands to expand into new markets, new products, and new countries? This course focuses on questions like these to help students understand how to use brand strategies to successfully build, measure, and manage brands. Students participate in a course-long project to research and evaluate brand strategies used by a brand of their choosing. The course includes lectures, cases, and project check-ins between group members and their instructor. prereq: MKTG 3010 and MKTG 3040
IBUS 3033W - Business Communication in a Global Context (WI)
Credits: 4.0 [max 4.0]
Course Equivalencies: BA 3033W/Mgmt 3033W/IBUS 3033W
Grading Basis: A-F only
Typically offered: Every Spring
Written/oral communication skills for effective participation in contemporary organizations. From basic principles to communication strategy. Communication technology. Cases, simulations of "real-world" situations in a domestic and global context. Global perspectives of focus have included India, Spain, South Korea and Japan. prereq: Fr composition, CSOM upper-div, at least 60 cr
BA 3033W - Business Communication (WI)
Credits: 3.0 [max 3.0]
Course Equivalencies: BA 3033W/Mgmt 3033W/IBUS 3033W
Grading Basis: A-F or Aud
Typically offered: Every Fall, Spring & Summer
This course teaches strategies and skills to communicate with confidence, clarity, and impact in business settings. Students develop their abilities in critical thinking (analyzing data, audience, purpose, and context) and craft (honing skills in storytelling, persuasion, writing, diction, tone, presence, data visualization, and visual design). They learn to navigate ambiguity, evaluate the needs of internal and external stakeholders, and communicate solutions to complex business problems. The course is performance- and project-based. Students produce professional-level memos, emails, and research-based proposal decks. They deliver multiple presentations (individual and team) and learn to communicate effectively with data. Students will meet with the instructor in small groups outside of class time for one scheduled lab session. The course culminates in the Case Study Competition where student teams apply their knowledge to address a real challenge from one of our industry partners. prereq: First Year Writing, Carlson School junior or senior.
MKTG 4081W - Marketing Strategy (WI)
Credits: 4.0 [max 4.0]
Grading Basis: A-F or Aud
Typically offered: Every Fall & Spring
Determining product markets where organizations should compete based on ability to create/maintain competitive advantage. External environment of business. Constructing/evaluating global marketing strategies. Largely case-based. This is the capstone course in the Marketing major. prereq: Mktg 3011, Mktg 3041, (or Mktg 3010 & Mktg 3040) and 8 Mktg elective credits
SPAN 3105W - Introduction to the Study of Hispanic Cultures (WI)
Credits: 3.0 [max 3.0]
Course Equivalencies: Span 3105W/Span 3105V/Tldo 310
Typically offered: Every Fall & Spring
Span 3105W is a writing-intensive course centered on major issues of culture in the context of the Spanish-speaking world. It is not a history of civilization, nor is it a survey of either Latin American or Peninsular literature. Rather, our objective here is to familiarize ourselves with the different issues central to the development of the Hispanic world as a cultural entity, and to practice analyzing and questioning received notions of culture in this context. We will examine all sorts of texts--literary, visual, musical, and filmic--from all periods of both Latin American (including Brazil) and Peninsular history, reading them through the lens of a series of topics. These topics are as follows: Mapas del mundo hispánico/Maps of the Hispanic world, Política y legado del encuentro cultural/Politics and legacies of cultural encounter, Discursos de identidad social/Discourses of social identity, Coerción y subversión/Coercion and subversion, Las naciones modernas/Modern nations, and Cultura élite-cultura popular-cultura de masas/High culture-popular culture-mass culture. prereq: a grade of C- or better in SPAN 3015W or 3015V or 3019W