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 4310 or 4390; 4650 or 4690 or 4821 or 4824 or 4825; and 4741 or 4742. Additionally, students must complete the foreign language requirement. 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.