Global Concentration Certificate for MBA Programs
in International Business
Description – This international business certificate concentration program will be composed of six (6) courses. Five (5) of the courses will be taught online and one (1) course will be conducted in a predetermined country such as China.
The certificate will be awarded in recognition of a prescribed number of courses in global studies for meeting the requirements for a major or concentration in international business.
Managing Global Decisions
This course will focus on the risks associated with organizational challenges and strategic opportunities multinational corporations face as they seek to establish productive relationships with international partners and maximize value creation.
Students will be asked to evaluate risks associated with an international decision facing a corporation (e.g., outsourcing decision, decision regarding a technology alliance partner) using an enterprise risk management (ERM) framework and analytic tools related to conditions of uncertainty. They will consider the risks associated with global sourcing, production, pricing, and distribution, as well as the risks associated with intellectual property rights issues, differences in legal systems and other country characteristics, cultural differences, challenges related to managing a globally distributed workforce and global knowledge management.
Students will conduct a risk analysis and provide the company a detailed analysis of the expected enterprise risks associated with each decision alternative. They will relate these alternatives and their risks to the unit's and corporation's strategy and risk appetite under conditions of uncertainty not unlike the ones facing many corporations today. Anyone taking the course should understand that they will be asked to make strategic decisions based on limited empirical data, assumptions, and tools that are not always empirically rigorous.
This class will emphasize the world of strategic decision making where decisions must be made although empirical data is limited and technological and environmental conditions are uncertain.