Globalization is today's and tomorrow's reality; money and ideas move around the world at the speed of light. The world has changed. Massive increases in the amount of international trade (imports and exports), foreign direct investment, the growth of multinational companies, and international financial transactions have raised the stakes even higher.
Canada has a globalized economy; exports of goods and services account for more than 40% of Canada's national production. Canadian businesses thus face significant risks, but also wonderful opportunities when doing International Business.
The major in International Business develops managers who can do business in the global marketplace. It challenges students to widen their perspectives and learn new approaches. Differences in language, culture and law mean that business managers must have a specialized toolkit to tackle these issues. The major will help you do business across international boundaries. You will learn the critical-thinking skills and have the cultural awareness you need to make sound business decisions in any marketplace.
The Alberta School of Business has strong university and business partnerships in a range of countries, and ways to fit both formal exchange and non-formal study abroad into your BCom studies. Students can combine their work in international business with focused language and cultural studies for designated Majors in East Asian Studies, European Studies, and Latin American Studies.
Both Canadian and international businesses want to recruit adventurous, innovative, critical-thinking and problem-solving graduates who understand and can perform across borders and in the new global economy.