International Business

About the Concentration

Concentration: 24.0 quarter credits

The international business concentration explores the international business environment as well as the internal workings of international corporations and the impact of international considerations on the various functional areas of business.

This concentration is offered in two formats: as a stand-alone concentration; or as a co-concentration taken in conjunction with another field of concentration within the Lebow College of Business.

International business focuses on business activities that cross national borders. The plan of study explores the international business environment as well as the internal workings of international corporations and the impact of international considerations on the various functional areas of business.

The international business concentration allows students to choose from a menu of courses. The curriculum is interdisciplinary, with courses drawn from across business disciplines and anthropology. Specialized operational courses are offered, along with more general theoretical and comparative ones.

Since half of all international business is conducted in English, foreign languages are not a required component of the program; however, students should strongly consider a second or even third language.

For more information about this concentration, contact the Department of Economics and International Business.

Requirements for Stand-Alone Option

Students completing the stand-alone concentration in International Business are required to complete six courses in the same language (a language other than the student's native language) at Drexel University. It is recommended that students also take a 351 language course, focusing on the language of business.

This requires a minimum of 6 language courses (24.0 credits) at the college level or up to level 6 (ex: ITAL 203) placement, including proficiency in at least one language.

Students may satisfy the language requirement through foreign language course replacement by studying overseas. All study abroad programs must be approved by the Study Abroad Office.


Required Courses
INTB 440Seminar in International Business4.0
BLAW 340International Business Law4.0
FIN 346Global Financial Management4.0
MKTG 357Global Marketing4.0
Select a maximum of two of the following:8.0
Multinational Corporations
International Trade
International Money and Finance
Regional Studies in Economic Policies and International Business
Approaches to Intercultural Behavior
International Business Law
Economic Development
Comparative Economic Systems
Total Credits24.0

Requirements for Co-Concentration Option

This concentration offers two options: Option (A), which includes study for competency in a language other than English (and other than the student's native language); and Option (B), which substitutes further training in a relevant business discipline or functional field instead of the language courses.

Select six of the following:24.0
Approaches to Intercultural Behavior
International Business Law
Economic Development
Comparative Economic Systems
Global Financial Management
Multinational Corporations
International Trade
International Money and Finance
Regional Studies in Economic Policies and International Business
Seminar in International Business
Global Marketing
Total Credits24.0

In addition to the courses listed above, students must select to complete the requirements for any one of the following concentrations:

Recommended Plan of Study

Term 1Credits
BUSN 101Foundations of Business I4.0
ENGL 101Expository Writing and Reading3.0
MATH 101Introduction to Analysis I4.0
UNIV B101The Drexel Experience1.0
Modern Language 101/Society and Culture elective4.0
 Term Credits16.0
Term 2
BUSN 102Foundations of Business II4.0
ENGL 102Persuasive Writing and Reading3.0
MATH 102Introduction to Analysis II4.0
Modern Language 102/General Education elective4.0
 Term Credits15.0
Term 3
ENGL 103Analytical Writing and Reading3.0
ECON 201Principles of Microeconomics4.0
Select one of the following:3.0
Applied Cells, Genetics & Physiology
Applied Biological Diversity, Ecology & Evolution
 
Applied Chemistry 
Applied Physics 
Modern Language 103/General Education elective4.0
 Term Credits14.0
Term 4
ACCT 115Financial Accounting Foundations4.0
ECON 202Principles of Macroeconomics4.0
STAT 201Introduction to Business Statistics4.0
Modern Language 201/General Education elective4.0
 Term Credits16.0
Term 5
ACCT 116Managerial Accounting Foundations4.0
INTB 200International Business4.0
Select one of the following:3.0
Applied Cells, Genetics & Physiology
Applied Biological Diversity, Ecology & Evolution
 
Applied Chemistry 
Applied Physics 
Modern Language 202/General Education elective4.0
 Term Credits15.0
Term 6
MIS 200Management Information Systems4.0
BLAW 201Business Law I4.0
PSY 101General Psychology I3.0
Modern Language 203/Free elective4.0
 Term Credits15.0
Term 7
COM 270 [WI] Business Communication3.0
FIN 301Introduction to Finance4.0
MKTG 301Introduction to Marketing Management4.0
ORGB 300 [WI] Organizational Behavior4.0
 Term Credits15.0
Term 8
OPM 200Operations Management4.0
International Business electives8.0
History (HIST) elective3.0
 Term Credits15.0
Term 9
PHIL 105Critical Reasoning3.0
International Business elective4.0
Science elective3.0
Free elective4.0
 Term Credits14.0
Term 10
UNIV B101The Drexel Experience1.0
International Business elective4.0
Social science elective3.0
ENGL 200 - ENGL 399 course3.0
Free elective4.0
 Term Credits15.0
Term 11
MGMT 450Strategy and Competitive Advantage4.0
Select one of the following:4.0
Business Consulting 
Introduction to Entrepreneurship 
Management Simulation 
Business Statistics II 
International Business elective4.0
Free elective3.0
 Term Credits15.0
Term 12
INTB 440Seminar in International Business4.0
Fine Arts elective3.0
Free electives8.0
 Term Credits15.0
Total Credit: 180.0

*

 See degree requirements.


Co-op/Career Opportunities

International business graduates are employed in a variety of corporate settings, including the pharmaceutical, banking and telecommunication industries. Some students pursue graduate studies or find employment in multilateral governmental organizations.

The concentration has been designed to provide a competitive advantage for those students interested in international business careers. In addition to business coursework, students also take advantage of Drexel’s programs in history-politics, sociology, anthropology, and other areas that focus on international topics.

The University offers a foreign language class in Arabic and minors in Chinese, French, German, Italian, Japanese, Russian, and Spanish. Each minor can include study of the vocabulary needed for business transactions within the particular language.


Visit the Drexel Steinbright Career Development Center page for more detailed information on co-op and post-graduate opportunities.

Facilities

So that Drexel business students gain the most up-to-date access to both hardware and software used in professional settings, major advances in the technologies used in the corporate world are constantly being matched by upgrades on campus.

Beginning in summer 2011, construction will begin on a 12-story, $92 million academic center for the LeBow College of Business, replacing Matheson Hall. The new state-of-the-art will continue strengthening faculty research, student learning and the nourishment of a community consisting of faculty, students, alumni and business leaders. The building will help unite faculty, students and staff now housed in four locations throughout Drexel's main campus and is expected to open in 2014.

The Leonard Perlstein Business Learning Center houses state-of-the-art classrooms, labs, and tiered mock boardrooms, as well as the LeBow College Business Executive Education Center.

Courses

INTB 200 International Business 4.0 Credits

This course examines economic, political, legal, and social factors affecting formulation of international business strategy.

College/Department: LeBow College of Business
Repeat Status: Not repeatable for credit

INTB 332 Multinational Corporations 4.0 Credits

Discusses the role and function of multinational corporations in the global economy, reasons for their existence, and the impact of market structures on the operations of multinationals. Considers the interactions between multinationals and national authorities, and the international transfer of technology.

College/Department: LeBow College of Business
Repeat Status: Not repeatable for credit
Restrictions: Cannot enroll if classification is Freshman
Prerequisites: ECON 201 [Min Grade: C] and ECON 202 [Min Grade: C]

INTB 334 International Trade 4.0 Credits

Examines major issues in international trade and commercial policy. Uses real-world applications to derive and illustrate models of international trade. Covers rationales and benefits of international trade, protectionism, the political economy of commercial policy, international trade and development, and economic integration and world trade.

College/Department: LeBow College of Business
Repeat Status: Not repeatable for credit
Restrictions: Cannot enroll if classification is Freshman
Prerequisites: ECON 201 [Min Grade: C] and ECON 202 [Min Grade: C]

INTB 336 International Money and Finance 4.0 Credits

Examines major issues in international finance and open-economy macroeconomics. Develops models of international monetary interdependence and applies them to real-world examples. Covers determinants of interest rates, balance of payments, international macro policy, restructuring the international monetary system, and globalization of financial markets.

College/Department: LeBow College of Business
Repeat Status: Not repeatable for credit
Restrictions: Cannot enroll if classification is Freshman
Prerequisites: ECON 201 [Min Grade: C] and ECON 202 [Min Grade: C]

INTB 338 Regional Studies in Economic Policies and International Business 4.0 Credits

Study of the industry,trade and macroeconomic trends of a major world region,such as East Asia, Latin America, Europe or the Near East.

College/Department: LeBow College of Business
Repeat Status: Not repeatable for credit
Prerequisites: ECON 201 [Min Grade: C] and ECON 202 [Min Grade: C]

INTB 440 Seminar in International Business 4.0 Credits

Writing and discussion on advanced topics relevant to International Business. Content is determined mainly by the interests of the students enrolled at a particular term.

College/Department: LeBow College of Business
Repeat Status: Not repeatable for credit
Restrictions: Can enroll if classification is Junior or Senior.
Prerequisites: INTB 200 [Min Grade: C]

INTB 481 Special Topics in International Business 0.5-12.0 Credits

College/Department: LeBow College of Business
Repeat Status: Can be repeated multiple times for credit
Restrictions: Cannot enroll if classification is Freshman

INTB 482 International Business and Emerging Markets 1.0 Credit

The course is required for INTB students participating in the LeBow College of Business undergraduate international residency. It is structured as an independent study course with no lecures. A term research paper is a requirement.

College/Department: LeBow College of Business
Repeat Status: Not repeatable for credit

INTB 499 Independent Study in International Business 12.0 Credits

College/Department: LeBow College of Business
Repeat Status: Can be repeated multiple times for credit

Economics and International Business Faculty

Marco Airaudo, PhD (University of Pennsylvania Philadelphia). Assistant Professor. Computational economics, international economics, macroeconomics and monetary economics.
Richard Barnett, PhD (University of Minesota). Associate Clinical Professor. Economic theory, macroeconomics.
Sebastien Bradley, PhD (University of Michigan). Assistant Professor. Public finance, international economics.
Mian Dai, PhD (Northwestern University). Assistant Professor. Managerial economics and strategy.
Pia DiGirolamo, PhD (Purdue University). Assistant Clinical Professor.
Anne Duchene, PhD (Ecole Nationale des Ponts et Chaussees, France) Department of Economics and International Business. Assistant Professor. Microeconomics, industrial organization, law and economics.
Ramya Ghosh, PhD (Claremont Graduate University). Assistant Clinical Professor. International economics.
Shawkat M. Hammoudeh, PhD (University of Kansas) Department of Economics and International Business. Professor. Applied econometrics, financial economics, international economics, natural resource economics.
Teresa D. Harrison, PhD (University of Texas at Austin) Department of Economics and International Business. Associate Professor. Econometrics, public finance, industrial organization, empirical microeconomics including health and nonprofit organizations.
Paul E. Jensen, PhD (Penn State University) Associate Dean, College of Business. Associate Professor. International trade. Primary research interest is international trade, particularly in empirical studies of international trade patterns.
Bang Nam Jeon, PhD (Indiana University) Department of Economics and International Business. Professor. Financial economics, world financial market linkages, foreign direct investment flows in the Asia-Pacific economies, the Korean economy: currency crisis, FDI, and macroeconomic issues, regional economic integration and newly industrializing economies: the
Stephen Joyce, MA (Temple University) Department of Economics and International Business. Assistant Clinical Professor. Education and human capital.
Christopher A. Laincz, PhD (Duke University) Department of Economics and International Business. Associate Professor. Economic development, technological change, and growth, industrial organization, macroeconomics and monetary economics.
Bijou Yang Lester, PhD (University of Pennsylvania) Department of Economics and International Business. Professor. Behavioral characteristics of shopping on-line, economic issues of electronic commerce, contingent employment and part-time work, the economy and suicide.
Vibhas Madan, PhD (Michigan State University) Head of the Department of Economics and International Business. Professor. International trade theory, applied microeconomics.
Roger A. McCain, PhD (Louisiana State University) Department of Economics and International Business. Professor. Computational economics, game theory.
Maria Olivero, PhD (Duke University) Department of Economics and International Business. Assistant Professor. Macroeconomics, international finance.
Eydis Olsen, MA (American University) Department of Economics and International Business. Clinical Associate Professor. Macroeconomics, political economy.
Konstantinos Serfes, PhD (University of Illinois at Champaign-Urbana) Department of Economics and International Business. Associate Professor. Industrial organization; microeconomics.
Mark Stehr, PhD (University of California at Berkeley) Department of Economics and International Business. Associate Professor. Health Economics, public finance, public policy.
Constantinos Syropoulos, PhD (Yale University) Trustee Professor of International Economics, Department of Economics and International Business. Professor. International trade, political economy, applied microeconomics.
Yoto Yotov, PhD (Boston College). Assistant Professor. International trade, applied microeconomics, political economy.

Interdepartmental Faculty

Bruce D. McCullough, PhD (University of Texas) Department of Decision Sciences, Statistics. Professor. Applied econometrics; reliability of statistical and econometric software; business data mining.

Emeritus Faculty

Edward C. Koziara, PhD (University of Wisconsin) Department of Economics and International Business. Professor Emeritus. Applied micro and macro economics.
Andrew G. Verzilli, PhD (Boston College). Professor Emeritus. Teaching effectiveness in economics; economics and financial history.
Chiou-shuang Yan, PhD (Purdue University). Professor Emeritus. International economics, input-output analysis.
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