2022-2023 Course Catalog

International Business (BA)

International Business majors learn how to think globally about the business world. The curriculum engages the student in all functional areas of business and explores how these functions change and adapt by expanding across borders. Through an innovative combination of cross-disciplinary coursework, students develop expertise in language, cultural sensitivity, and an ongoing knowledge of world affairs.

Learning Outcomes

Graduates of bachelor’s–level programs in business will be able to demonstrate that they possess academic skills, professional attributes and broad-based and in-depth knowledge of business concepts and functions.

Graduates of Bachelor of Arts programs in business will be able to:

  1. Apply concepts within the core areas of business
  2. Apply knowledge of ethical, legal, economic, and global environment to practical business situations and ascertain their impact
  3. Apply decision-support tools & technology to make and defend business decisions
  4. Demonstrate communication skills appropriate for business settings
  5. Contribute to a team environment to achieve a planned goal
  6. Analyze the role of motivation and influence in achieving a coordinated goal

In-depth Knowledge for specific majors

International Business graduates of bachelor’s level programs will be able to:

  • Identify and analyze international business problems in the contexts of the structure of international trade and the functioning of the international monetary system
  • Design international business strategies taking into account government policies that affect the international trade and financial market conditions
  • Demonstrate written communication skills to be used in global business management

Curriculum

+Core Requirements

Core Major Requirements for Accounting, Economics, International Business, Management, Management Information Systems, and Marketing:

ACT222 Financial Accounting Principles I

This course represents an introduction to accounting principles including the accounting process, double-entry bookkeeping, adjusting entries, and the preparation of financial statements. The objectives of this course are to make students aware of the importance of accounting information in every type of organization (private business, not-for-profit, and governmental).

3
ACT223 Managerial Accounting Principles

This course represents an introduction to managerial accounting concepts, including cost allocation and measurement, cost/volume profit analysis, budgeting, variance analysis, job and process costing, and capital budgeting.

Pre-requisites Complete the following course:
  • ACT222 Financial Accounting Principles I
  • 3
    BUS105 Foundations of Business

    This course introduces the theory and practice of business and fosters analytical thinking. Students build a foundation for learning by gaining an understanding of business organizations, their structure and functions, the increasingly dynamic and complex global setting in which they compete, and the fundamentals of sustainable business practices.

    3
    BUS110 Business Statistics

    This course introduces essential research tools in business. Topics include descriptive statistics of central tendency and variability and hypotheses testing statistical analysis using correlation, analysis of variance, and regression. Problems use applications from business cases, marketing research, and economic policy.

    Pre-requisites Complete the following course:
  • BUS105 Foundations of Business
  • 3
    BUS171 Information Systems and Operations

    This course explores basic concepts of communication networks (e.g., the Internet), hardware, software, databases, and systems. Students apply information systems to decision making, communication, collaboration and coordination in the operations of contemporary organizations. Students gain skills in word processing, presentation software, data visualization, spreadsheets, and relational databases.

    3
    BUS230W Organizational Behavior

    Organizational behavior is a field of study that seeks to understand, explain, and improve human behavior in organizations. Most organizations focus their efforts on improving job performance and organizational commitment. The purpose of this course is to provide a theoretical foundation and realistic understanding of how human behavior influences the effectiveness of the modern corporation.

    Pre-requisites Complete the following course:
  • BUS105 Foundations of Business
  • 3
    BUS243 Principles of Marketing

    This course introduces students to the basic concepts of marketing strategy and management. Basic marketing concepts such as strategic segmentation, targeting, positioning, product design, pricing, promotions and distribution are covered. Environmental sustainability is analyzed from the consumer perspective.

    3
    BUS257 Business Law and Business Ethics

    This course introduces students to the introductory concepts of business law including employment law, social and environmental responsibility of corporations, and international business law. It also emphasizes frameworks for conducting ethical analysis and the analysis of ethical dilemmas.

    3
    BUS272 Principles of Finance

    This course enables students to apply fundamental ideas of financial economics to problems in corporate finance. Participants will gain an overview of valuation principles, learn basic principles of corporate finance from the perspective of a financial manager, and through case studies, analyze important financial decisions made within firms.

    Pre-requisites Complete the following course:
  • ACT222 Financial Accounting Principles I
  • 3
    BUS310W Business Resarch and Analytics

    This course introduces traditional business research methods and business analytics as two sets of tools underlying data-driven business decision making. Students will practice analyzing data, reporting results, interpreting findings, and developing actionable recommendations.

    Pre-requisites Complete any 1 of the following courses:
  • BUS110 Business Statistics
  • MTH110 Elementary Statistics
  • PSY213 Statistics and Research Design
  • 3
    BUS357 Strategy and Entrepreneurial Ventures

    This course illustrates the strategic management framework by taking students through the entrepreneurial process from start-up growth while exploring the personal and professional challenges. The student examines key issues in opportunity recognition, financing models, strategic choices, and sources of competitive advantage at different stages of the firm's development.

    3
    ECN101 Principles of Macroeconomics

    The concepts of national income and output are analyzed, and emphasis is placed on factors that influence the levels of economic activity, unemployment, and inflation, including fiscal and monetary policy and the role of international economics.

    3
    ECN102 Principles of Microeconomics

    Microeconomics is the study of how households and firms make decisions and how they interact in specific markets. Students are introduced to the basic concepts and tools that economists use to understand how the economy works. This course is designed to increase economic literacy through acquiring core knowledge about economics.

    3
    INTBUS303 Internship - Business

    The Chatham University Internship program provides students with the opportunity to acquire hands-on work experience in a professional setting. The student gains metacognitive insights, deep learning, and practical skills by reflecting on the internship experience under the supervision of an academic advisor.

    3
    BUS490 Integrative Capstone

    The integrative capstone, undertaken by the student during the senior year, is an extended project that helps the student complete their transition from an undergraduate student to a world-ready professional. The study usually centers on the student's major and may be conducted, at least in part, in the context of a group experience. Such programs are crafted to meet the unique needs of each major, and could include, for example, fieldwork, theater production, creative work in the arts, independent research, or independent readings. The integrative capstone in an interdisciplinary major must have the approval of both academic programs.

    Pre-requisites Complete any 1 of the following courses:
  • BUS312W Marketing Research
  • BUS310W Business Analytics: Research Methods
  • 3

    +International Business Major

    5 courses:

    3 required courses:
    BUS240 International Business

    This course provides the background on the relationships among multinational corporations, international financial markets, and government agencies. Multinational corporations' strategic formulations of product policy research and development, production, and supply systems, as well as financing of international operations, are examined. This course fulfills a global general education mission requirement.

    3
    ECN351 International Trade and Finance

    An introduction to international trade and finance, and an examination of the structure of international trade and the functioning of the international monetary system. Attention is given to recent issues in these areas and the relationship between the domestic and international economies.

    Pre-requisites Complete any 1 of the following courses:
  • ECN102 Principles of Microeconomics
  • ECN101 Principles of Macroeconomics
  • 3
    BUS413 Operations

    This course introduces students to technical tools and skills essential for problem solving and decision making in operations management. Topics include manufacturing and service operations, inventory optimization, network planning, demand forecasting, transportation planning, product planning, Lean and Six Sigma. Mastery of quantitative methods using spreadsheet modeling is required.

    Pre-requisites Complete any 1 of the following courses:
  • BUS110 Business Statistics
  • MTH110 Elementary Statistics
  • PSY213 Statistics and Research Design
  • 3
    2 courses from the following:
    ECN262 Global Environmental Economics

    This course examines the economic perspectives and tools for analyzing environmental problems and evaluating policy solutions. The course covers both conceptual topics and real-world applications. Course discussions reflect the global nature of environmental problems and solutions. Cross-listed as ENV 262. This course fulfills an environmental general education mission course requirement.

    Pre-requisites Complete the following course:
  • ECN102 Principles of Microeconomics
  • 3
    ECN330 Global Financial System and the Macro Economy

    Combines material on economic analysis of the macro economy with a review of the global financial system. Develops analytical models on how to attain economic growth, price stability, and full employment. Covers the financial system, financial crises, and monetary policy. Emphasizes both analytical models and real world policy applications.

    Pre-requisites Complete all 2 of the following courses:
  • ECN101 Principles of Macroeconomics
  • ECN102 Principles of Microeconomics
  • 3
    ECN358W Economic Development

    An examination of the factors accounting for economic growth and development of modern economically developed nations and less-developed areas. A review of the problems encountered in initiating and sustaining the process of economic development. Major policy issues are discussed. This course fulfills a global general education mission course requirement.

    Pre-requisites Complete any 1 of the following courses:
  • ECN102 Principles of Microeconomics
  • ECN101 Principles of Macroeconomics
  • 3
    BUS462 Global Procurement

    In this course, students examine success factors, ethical challenges, legal issues, and managerial implications of global procurement. Students also develop a deep understanding of the impact of procurement on quality, cost, and efficiency of supply chain management through use of procurement tools, techniques, and methodologies.

    Pre-requisites Complete the following course:
  • BUS105 Foundations of Business
  • 3
    SUS470 Corporate Social Responsibility (CSR)

    This course helps students to understand the roles and responsibilities of organizations beyond just making an economic profit. Students are exposed to approaches to managing CSR. CSR is explored as a way for organizations to create value, thus, CSR is seen as crucial for business success in the 21st century.

    3
    Language Requirement: Language proficiency through Intermediate (202) level or fluency in two languages.

    +Intradisciplinary Major in Two Business Disciplines

    Students who wish to do an Intradisciplinary major in two business concentrations must complete the Business Core Major Requirements, plus the following courses.

    BUS240 International Business

    This course provides the background on the relationships among multinational corporations, international financial markets, and government agencies. Multinational corporations' strategic formulations of product policy research and development, production, and supply systems, as well as financing of international operations, are examined. This course fulfills a global general education mission requirement.

    3
    ECN351 International Trade and Finance

    An introduction to international trade and finance, and an examination of the structure of international trade and the functioning of the international monetary system. Attention is given to recent issues in these areas and the relationship between the domestic and international economies.

    Pre-requisites Complete any 1 of the following courses:
  • ECN102 Principles of Microeconomics
  • ECN101 Principles of Macroeconomics
  • 3
    2 Approved International Business major electives
    Language Requirement: Language proficiency through Intermediate (202) level or fluency in two languages.

    +Interdisciplinary Major in International Business

    Students who wish to do an interdisciplinary major in a business area (Accounting, Economics, International Business, Management, or Marketing) and a non-business discipline will complete the following courses (10 courses, exclusive of Integrative Capstone):

    BUS105 Foundations of Business

    This course introduces the theory and practice of business and fosters analytical thinking. Students build a foundation for learning by gaining an understanding of business organizations, their structure and functions, the increasingly dynamic and complex global setting in which they compete, and the fundamentals of sustainable business practices.

    3
    BUS110 Business Statistics

    This course introduces essential research tools in business. Topics include descriptive statistics of central tendency and variability and hypotheses testing statistical analysis using correlation, analysis of variance, and regression. Problems use applications from business cases, marketing research, and economic policy.

    Pre-requisites Complete the following course:
  • BUS105 Foundations of Business
  • 3
    ECN101 Principles of Macroeconomics

    The concepts of national income and output are analyzed, and emphasis is placed on factors that influence the levels of economic activity, unemployment, and inflation, including fiscal and monetary policy and the role of international economics.

    3
    ECN102 Principles of Microeconomics

    Microeconomics is the study of how households and firms make decisions and how they interact in specific markets. Students are introduced to the basic concepts and tools that economists use to understand how the economy works. This course is designed to increase economic literacy through acquiring core knowledge about economics.

    3
    ACT222 Financial Accounting Principles I

    This course represents an introduction to accounting principles including the accounting process, double-entry bookkeeping, adjusting entries, and the preparation of financial statements. The objectives of this course are to make students aware of the importance of accounting information in every type of organization (private business, not-for-profit, and governmental).

    3
    BUS240 International Business

    This course provides the background on the relationships among multinational corporations, international financial markets, and government agencies. Multinational corporations' strategic formulations of product policy research and development, production, and supply systems, as well as financing of international operations, are examined. This course fulfills a global general education mission requirement.

    3
    BUS243 Principles of Marketing

    This course introduces students to the basic concepts of marketing strategy and management. Basic marketing concepts such as strategic segmentation, targeting, positioning, product design, pricing, promotions and distribution are covered. Environmental sustainability is analyzed from the consumer perspective.

    3
    BUS310W Business Resarch and Analytics

    This course introduces traditional business research methods and business analytics as two sets of tools underlying data-driven business decision making. Students will practice analyzing data, reporting results, interpreting findings, and developing actionable recommendations.

    Pre-requisites Complete any 1 of the following courses:
  • BUS110 Business Statistics
  • MTH110 Elementary Statistics
  • PSY213 Statistics and Research Design
  • 3
    ECN351 International Trade and Finance

    An introduction to international trade and finance, and an examination of the structure of international trade and the functioning of the international monetary system. Attention is given to recent issues in these areas and the relationship between the domestic and international economies.

    Pre-requisites Complete any 1 of the following courses:
  • ECN102 Principles of Microeconomics
  • ECN101 Principles of Macroeconomics
  • 3
    1 Approved course from the following:
    ECN262 Global Environmental Economics

    This course examines the economic perspectives and tools for analyzing environmental problems and evaluating policy solutions. The course covers both conceptual topics and real-world applications. Course discussions reflect the global nature of environmental problems and solutions. Cross-listed as ENV 262. This course fulfills an environmental general education mission course requirement.

    Pre-requisites Complete the following course:
  • ECN102 Principles of Microeconomics
  • 3
    BUS395W Leadership and Management

    This course builds students' ability to identify challenges facing managers in 21st century organizations. The course covers theories and applications of leadership in the changing environment of today's world. Students learn organizational skills, presentation skills, and critical thinking skills. Writing skills are emphasized.

    Pre-requisites Complete the following course:
  • BUS105 Foundations of Business
  • 3
    ECN330 Global Financial System and the Macro Economy

    Combines material on economic analysis of the macro economy with a review of the global financial system. Develops analytical models on how to attain economic growth, price stability, and full employment. Covers the financial system, financial crises, and monetary policy. Emphasizes both analytical models and real world policy applications.

    Pre-requisites Complete all 2 of the following courses:
  • ECN101 Principles of Macroeconomics
  • ECN102 Principles of Microeconomics
  • 3
    ECN358W Economic Development

    An examination of the factors accounting for economic growth and development of modern economically developed nations and less-developed areas. A review of the problems encountered in initiating and sustaining the process of economic development. Major policy issues are discussed. This course fulfills a global general education mission course requirement.

    Pre-requisites Complete any 1 of the following courses:
  • ECN102 Principles of Microeconomics
  • ECN101 Principles of Macroeconomics
  • 3
    BUS413 Operations

    This course introduces students to technical tools and skills essential for problem solving and decision making in operations management. Topics include manufacturing and service operations, inventory optimization, network planning, demand forecasting, transportation planning, product planning, Lean and Six Sigma. Mastery of quantitative methods using spreadsheet modeling is required.

    Pre-requisites Complete any 1 of the following courses:
  • BUS110 Business Statistics
  • MTH110 Elementary Statistics
  • PSY213 Statistics and Research Design
  • 3
    BUS462 Global Procurement

    In this course, students examine success factors, ethical challenges, legal issues, and managerial implications of global procurement. Students also develop a deep understanding of the impact of procurement on quality, cost, and efficiency of supply chain management through use of procurement tools, techniques, and methodologies.

    Pre-requisites Complete the following course:
  • BUS105 Foundations of Business
  • 3
    Language Requirement: Language proficiency through Intermediate (202) level or fluency in two languages.