M.A. in International Business (Winona)
Program Overview
The Master of Arts in International Business (MIB) is an intensive, 16-month (41 credit) program designed to prepare individuals for international business careers. The combination of theoretical and learning experiences provides students with opportunities to develop the skills to be successful in the modern global marketplace.
Program Structure
The MIB has a unique curriculum which has been developed to provide education in all aspects of modern international business management, marketing, finance, and law are considered from an international viewpoint and represent the program's foundation. Special emphasis has been placed in "soft skills" development and practical training experiences. Courses in global religions, cultural awareness, ethics, and entrepreneurship address the need and importance of soft skills in today's business arena.
Program Delivery
Practical training experiences include international field studies, which in the past have taken place in Europe and Asia. In addition, students will visit corporations and complete practicum projects as components of the MIB curriculum. An international student cohort further enhances the MIB global learning experience. MIB graduates include individuals from Angola, Canada, China, Costa Rica, Germany, India, Indonesia, Malaysia, Mexico, Morocco, Norway, Peru, Russia, South Korea, Sweden, Taiwan, Thailand, Ukraine, United States, and Venezuela. The chance to study, travel and build friendships with individuals from around the world is an enriching opportunity.
Location
Winona
Admission Contact
Jami Spitzer
(507) 457-7500
Toll-free: (800) 635-5987, Ext. 7500
International Business - Winona Campus
Saint Mary's University of Minnesota
700 Terrace Heights #77
Winona, MN 55987
FAX: (507) 457 1752
mib@smumn.edu
Degree Requirements
Mastery of Global Knowledge: 18 credits
MIB510-Int'l Business Environments - 3 credits
MIB520-Accounting For Global Decision Making - 3 credits
MIB525-Int'l Economics & Finance - 3 credits
MIB530-Int'l Marketing - 3 credits
MIB535-Int'l Business Law - 3 credits
MIB540-Global Management Principles - 3 credits
Mastery of Global Dynamics: 14 credits
MIB515-Leadership & Decision-Making - 2 credits
MIB519-Global Religions & Belief Systems - 3 credits
MIB532-Entrepreneurship - 1 credit
MIB545-Int'l Political Economy - 3 credits
MIB550-Managerial Ethics & Issues - 2 credits
MIB565-Cultural Awareness - 3 credits
Mastery of the Practice: 9 credits
MIB570-Int'l Field Study - 4 credits
MIB575-Int'l Business Strategy Capstone - 3 credits
MIB580-Practicum - 2 credits
or
MIB581-Independent Study - 2 credits
Workshops: not for credit
Project management
Research and Writing
Team Building
Special Topics in International Business
Market Research
MIB510 International Business Environments (3)This course provides an introduction to the fundamentals and essential components of international business and the environments in which it is conducted. It examines theory and practice of elements that comprise the international environment within the global marketplace. The inner-workings of international business operations through the study of key issues facing international businesses are emphasized.
MIB515 Leadership and Decision Making (2)This course introduces selected models and practices in the exploration and understanding of what is effective leadership and decision-making in a global context. Skills necessary for effective decision-making and problem solving within organizations domestically and internationally are emphasized from the role of manager.
MIB519 Global Religions and Belief Systems (3)This course examines beliefs and practices of religious traditions around the world and the effect they have upon culture, geopolitics and business. Students examine and analyze the major religions of the world such as Islam, Christianity, Judaism, Taoism, Buddhism, Hinduism, and Confucianism their differences, similarities, and how practice of these religions impacts today's world.
MIB520 Accounting Information for Global Decision Making (3)This course examines the evolving nature of managerial accounting practice in a rapidly changing global environment. Special consideration is given to unique problems faced by international businesses with respect to utilizing accounting information to develop and utilize effective financial accounting and reporting systems. The latest theoretical and technical innovations in accounting and reporting from around the world are examined.
MIB525 International Economics and Finance (3)This course provides a comprehensive overview of the international economic and financial systems impacting global business today. Topics in international economics include; the foundation of modern trade theory, impact of tariff and non-tariff barriers, labor and capital mobility, trading blocks and protectionism. Topics in international finance include balance of payments, foreign exchange systems, exchange-rate determination, managing currencies, international banking and the international monetary system. This course analyzes the theories and models which apply to an economy's global trade and monetary relationships.
MIB530 International Marketing (3)This course examines the various political, legal, economic and cultural systems and their effect on global marketing of products and services by focusing on product, pricing, promotion, and distribution decisions. The development of critical thinking and problem solving skills through the application of international marketing theories/practices to various business scenarios will help the students gain an understanding of the issues and the practice of managing international marketing activities. Major marketing principles and strategies are explored as they apply to the global marketplace.
MIB532 Entrepreneurship (1)This course examines characteristics of contemporary entrepreneurship domestically and globally. Critical factors in the entrepreneurial business process such as: identifying new opportunities, financing a new venture, development and evaluation of a business plan from a strategic perspective and utilizing alternative forms for establishing a business are explored.
MIB535 International Business Law (3)This course utilizes a managerial approach to understanding important legal and regulatory issues confronting the international business and its transactions. It examines the making of international law, dispute resolution and jurisdiction. In particular, this course examines the major intergovernmental organizations and regional agreements that regulate and promote international business. In addition, the interrelationships between different legal systems and the resulting effect on individuals and organizations are examined from a comparative and multicultural perspective.
MIB540 Global Management Principles (3)This course provides an overview of key organizational and behavioral concepts, which underlie effective management practice in private and public sector organizations around the world. Comparative management systems are examined in terms of global applications. Special attention is given to defining and interpreting cross-cultural differences and influences and to the development of analytical and problem solving skills. The course emphasizes the approaches of collaboration that especially address the expectations, needs and performances of people in organizations and gives attention to the external, internal and global cultures that influence organizational structure, behavior and change.
MIB545 International Political Economy (3)This course provides a framework for identification and analysis of the international political and economic issues that make up the international business environment. The international political economy is examined in light of national economies, political and demographic trends, social issues and the relationship between power and wealth. Ways in which political, economic, cultural, and religious forces and tensions affect international business are emphasized. The course identifies political forces that affect the economic choices of states, enterprises and individuals in international trade, investment and monetary affairs.
MIB550 Managerial Ethics and Issues (2)This course examines various theories and methods that can be used to resolve organizational dilemmas involving ethical behavior. Application of philosophical principles and managerial techniques to the ambiguous and ethical issues facing today's organizations domestically and internationally is emphasized. Students will develop skills necessary to identify, analyze, and develop strategies to engage in ethical decision-making.
MIB565 Cultural Awareness (3)This course examines the role culture plays in business and its influence on the domestic and global marketplace. Inter-cultural competence is defined and explored in terms of factors that either impede or facilitate effective business and inter-personal relationships. Methods to identify and resolve cultural biases in international business relationships are discussed. The importance of inter-cultural competence is explored along with the knowledge and skills needed to work with, manage and serve diverse groups and individuals. The multicultural skills and dispositions of cultural awareness as it applies to conducting business across historical, cultural, religious and geo-political borders are developed.
MIB570 International Field Study (4)This course provides students with an opportunity for an in-depth analysis and observation of the peoples, religions, culture and international business in countries outside of the United States . It includes tours, trade shows, meetings with government officials, cultural events, and seminars with local experts in which students will take an active part. Special emphasis is placed on history, cultural awareness, the role international organizations play in international business and the effects of globalization worldwide. The focus of this course is to apply academic work to analyze international business issues and to increase travel and cultural competence. The course requires students to analyze and assess international business practices in light of historical, religious, cultural and geo-political considerations that impact the particular country or region of study.
MIB575 International Business Strategy Capstone (3)This course emphasizes the integration of academic and field experiences through the use of skills and tools developed in previous courses. This course focuses on formulating, implementing and evaluating effective international business strategies for conducting business in a global marketplace by emphasizing critical analysis, synthesis and evaluation of international business theory and application. Special emphasis is given to application of international business concepts and techniques and their integration into the strategic planning process.
MIB580 Practicum (2)This course offers students an opportunity to actively function in a business enterprise, implementing previously studied theory in a practical environment. Students are required to submit a paper or project to the program director detailing their particular experience.
MIB581 Independent Study (2)Individual academic work permits the student to pursue a topic of special interest extending their education beyond the standard structure of the classroom. Students determine their own objectives, activities, timeline, and evaluation measures with faculty and program director agreement.
Program Staff
Dean of International Student Initiatives
Coordinator for Political Science, Department Chair, Social Science - Professor
Master of International Business - Adjunct Professor
Business - Assistant Professor, Pastoral Ministries - Adjunct Assistant Professor
Business - Associate Professor
Business - Associate Professor, Business - Dean, School of Business, Business - Department Chair, General Management - Adjunct Program Associate Professor
Business - Assistant Professor of Marketing