Major in International Business
The major in International Business requires the completion of 24 credits (8 courses). These include three required courses (9 credits) and 15 additional elective credits of business courses or a mix of elective credits chosen from both business and non-business courses that cover international issues.
Flowchart of the IBUS major courses (Fall 2023 Entry & Onwards)
Flowchart of the IBUS major courses (Prior to Fall 2023 Entry)
Required courses
Program: Undergraduate
Prerequisite: COMM 210, 215; COMM 223 or 224. This is a foundation course in international business; the objective is to present information which exposes the student to cultural, social, political, economic, legal, and financial environments in which Canadian business executives manage their operations abroad. All students are encouraged to develop their own philosophy towards international business activities by developing research and analytical skills in analyzing current and long-term problems perceived in different economic systems and environments. Specific topics include empirical dimensions of world economy, economic development, international trade and investment patterns, regional economic co-operation, area studies, Canadian nationalism, and foreign investment in Canada.
Prerequisites & notes
NOTE: Students who have received credit for MARK 462 may not take this course for credit.
Program: Undergraduate
Prerequisite: MARK 462 or IBUS 462; COMM 222. This is a course that demonstrates the analytical tools of operations and organization theory applicable within a multinational company. The course is designed to give students a grasp of the problems of strategy formulation and organization, and inculcates a general knowledge of the major parameters in which an international manager operates. Focus is on the Canadian as well as other international companies based in U.S.A., Europe, Japan, etc.
Prerequisites & notes
NOTE: Students who have received credit for MANA 466 may not take this course for credit.
Program: Undergraduate
Prerequisite: MARK 462 or IBUS 462. This course deals with the multicultural dimensions of international business operations. The objective is to develop Canadian managerial skills for effective performance in an international setting. Topics to be covered include international negotiations, management of multicultural personnel, crosscultural consumer behaviour profile, cross-cultural communication, and other cultural aspects of marketing strategy.
Prerequisites & notes
NOTE: Students who have received credit for MARK 492 may not take this course for credit.
+15 additional credits chosen from courses in Group A, or a mix of courses from Group A and Group B
Group A
Program: Undergraduate
Prerequisite: COMM 308. This course is designed for students to acquire and demonstrate knowledge of the fundamental principles and issues in international financial management. It covers such topics as foreign exchange markets, exchange rate behaviour, structure and meaning of the international balance of payments, the functioning of fixed and floating exchange rate systems, short- and long-term investment and borrowing decisions, euro-currency markets, foreign exchange risk management, and capital budgeting decisions for overseas investment. In sum, the topics are covered from the perspective of an individual who wishes to know how the international financial environment will affect the firm.
Prerequisites & notes
NOTE: Students who have received credit for FINA 370 may not take this course for credit
Program: Undergraduate
This course provides students with an understanding of challenges and oppor-tunities that banks and other financial institutions face in their global operations. It covers operations of financial firms in mature as well as emerging markets. Topics include an assessment of opportunities in foreign markets and difficulties that financial institutions face when dealing with unfamiliar economic and political environments; unique operations and challenges in international markets such as microfinance, international loans, project financing and assessment of political or sovereign risks, importance of global regulation and governance and ethical issues associated with international operations within the financial services industry.
Prerequisites & notes
Prerequisite: COMM 308, MARK 462 or IBUS 462.
Finance majors or minors may not take this course for credit toward their major or minor.
Students who have received credit for FINA 382 or 482, or for this topic under a FINA 455 or IBUS 471 number, may not take this course for credit.
Program: Undergraduate
Prerequisite: COMM 224; MARK 462 or IBUS 462. This course studies the management approach to international marketing, with emphasis on key variables that are controllable by the international marketing manager. Attention is focused on market measurement, product policy, channels, pricing, and promotion, with special emphasis on the development and control of multinational marketing strategies and programs. Students will execute a project directed to a selected part of the world.
Prerequisites & notes
NOTE: Students who have received credit for MARK 465 may not take this course for credit.
Program: Undergraduate
This course is intended primarily to provide an opportunity for more intensive study in one or more specific topics of international business. The topic will vary according to the special interests of the professor and the students.
Prerequisites & notes
Prerequisite: MARK 462 or IBUS 462
Specific topics for this course and prerequisites relevant in each case will be stated in the Undergraduate Class Schedule.
Program: Undergraduate
Prerequisite: COMM 315; IBUS 466 or MANA 466. This course is an introduction to international business law. The focus is Canadian but comparative material is included and problems relating to other legal systems are examined. Topics to be covered include private loans applicable to international business transactions, international sales, federal regulations, export controls and anti-dumping, export insurances, and bilateral trade agreements.
Prerequisites & notes
NOTE: Students who have received credit for MANA 493 may not take this course for credit.
Program: Undergraduate
This course focuses on the emerging business environment, and how organizations implement ecologically, socially, and economically sustainable management. Sustainable strategies are explored within the context of global economic development, to develop organizational vision, products and processes for achieving long-term sustainable prosperity.
Prerequisites & notes
Students who have received credit for this course under MANA 299 or a COMM 299 number may not take this course for credit.
Group B
A maximum of 6 credits can be taken from Group B
| ECON 319 | International Economic Policy and Institutions (3.0 credits) |
| POLI 305 | International Political Economy (3.0 credits) |
| POLI 311 | International Public Law (3.0 credits) |
| POLI 315 | International Organizations (3.0 credits) |
| POLI 394 | Globalization and Sustainable Development (3.0 credits) |
The four POLI courses have the following prerequisite: POLI 205 or permission of the Department. To register for any of these courses, you need permission from the Department of Political Science.
Notes:
- All Business courses are 3 credits in length.
- All BComm students are required to declare a Major.
- Students can declare a business double major in the BComm program, replacing any previously declared business minor. The John Molson School of Business may impose quotas on some majors.
- The information above is strictly for the 90-credit program.
- To review the course requirements for your year of entry in the program please refer to the course calendar or degree worksheet for that year.
