For managers, knowledge of international business is imperative in an increasingly global business environment. The crossing of national boundaries intensifies the complexity of a business transaction given the differences between countries in accounting, banking, culture, currency, finance, governmental regulations, information systems, insurance, law, management, marketing, political systems, taxation, and transportation.
As a field of study, international business is broader in focus than the field of international trade. International business draws upon contributions from the traditional business disciplines of accounting, finance, management, information technology, and marketing. It also draws from anthropology, cultural studies, economics, geography, history, languages, law, politics, psychology, and sociology.
The required courses for a concentration in international business include COMM 451 or 459, 465 or 469, and 472 or 474. Additionally, students must complete the foreign language requirement and at least two courses in area studies of other cultures in the College of Arts and Sciences. Students are encouraged to study abroad during the spring semester third year, summer between third and fourth year, or the fall semester of their fourth year.
Note: See course descriptions for other international courses available for a concentration in international business. These courses include: COMM 451 International Marketing; COMM 465 Business, Politics, and Culture in the European Union or COMM 469 International Management; COMM 472 International Financial Analysis or COMM 474 International Finance and Accounting.