International Business

Overview

Canadian business managers, specifically, are faced with increased demands to manage across borders because of strong exports and foreign investment presence - exports of goods and services account for more than 40% of Canada's national production. The Alberta MBA in International Business provides the skills required to compete in the global market.

The Program

The Alberta MBA in International Business is designed to address managerial issues that are relevant to doing business across national boundaries, while incorporating the necessary basics of business. Students begin by building a solid foundation in the first year of the MBA program, taking the same core courses as all other MBA students. In year two, International Business students would then be able to focus their studies on global business topics. Some of the topics covered include:

  • The impact of globalization
  • International differences in cultures, language, etc.
  • How to enter foreign markets
  • Competing with foreign companies entering domestic markets
  • Importing & exporting
  • Foreign direct investment
  • Exchange rates
  • Corporate finance for the multinational corporation
  • Marketing across countries
  • International trade agreements - WTO, NAFTA, etc.
  • Regional focus on Latin America, Asia, Europe

International Business Courses

  • BUEC 542: International Business (Required)

    Provides students with an introduction to the tools they will require to succeed in the increasingly international business world. Serves as a basis for other more advanced courses in International Business, covering such topics as Country Differences, International Trade, Foreign Direct Investment, Regional Economic Integration, The Foreign Exchange Market and International Business Strategy and Operations. This course will also cover selective topics in international macro economics.

  • BUEC 646: Global Business Environment (Required)

    Examines the changing global business environment and how it impacts international business decision-making. Covers such topics as Trends in Globalization, International Business in Canada, Managing Multinational Corporations, Importing and Exporting, International Labor Markets and the Market for Skills, International Financial Markets, Financial Crises, and Corporate Governance in Different Countries.

  • B LAW 642: International Business Law

    Deals with the international law that provides the regulatory and transactional context in which international commerce takes place. A major force underlying the internationalization of the world economy has been the rapid, sustained growth of international business, both in the traditional form of international trade and in the newer forms of multinational, global and transnational business. Provides an overview of the international economic order, including the law of the World Trade Organization, and examines the rules with respect to contractual obligations, tariffs, quantitative restrictions, subsidies, discrimination, dispute settlement, government procurement and other matters that concern international trade in both goods and services. The international regulation of direct investment, financial flows and multinationals may also be addressed.

  • BUEC 648: International Study Tour

    Combines lectures at the University of Alberta with an onsite study tour to a foreign country. The study tour component is normally for a one-to-two week period, during which students participate in company tours and lectures, to develop an appreciation for different business cultures and contexts. Students are usually expected to complete projects or case studies relating to the country under study. Check with MBA office for enrolment restrictions. Credit will not be given for both BUEC 648 and any other study tour to the same destination. Students may receive credit for only two of the following three courses: BUS 648, BUEC 648, SMO 648.

  • BUS 640: Strategic Supply Chain Management

    This course introduces students to the fundamentals of Supply Chain Management and how it relates to a firm's competitiveness. Emphasis will be placed on the role of SCM in transforming global business practices and relations. SCM informs how a firm would source, design, produce, and market its products in today's global environment. Topics will include global business trends, current supply chain practices, international procurement, logistics and inventory management, performance assessment, supply management and SCM strategy in a global environment. Prerequisite: BUEC 503.

  • BUS 648: MBA International Study Tour

    Combines lectures at the University of Alberta with an onsite study tour to a foreign country. The study tour component is normally for a one-to-two week period, during which students participate in company tours and lectures, to develop an appreciation for different business cultures and contexts. Students are usually expected to complete projects or case studies relating to the country under study. Check with MBA office for enrolment restrictions. Credit will not be given for both BUS 648 and any other study tour to the same destination. Students may receive credit for only two of the following three courses: BUS 648, BUEC 648, SMO 648.

  • FIN 644: International Finance

    The objective of this course is to acquaint students with macro and micro aspects of international finance. At the macro level coverage will include theories of direct investment, the international monetary mechanism, foreign exchange markets, and repercussions from balance of payments difficulties. Micro level materials will include problems of doing business internationally and a survey of public and private foreign and international finance institutions. The final part of the course will review Canada's role in international business. Prerequisite: FIN 501 or 503.

  • MARK 644: International Marketing

    Topics in international marketing, including the importance of international marketing to Canadian business, comparative marketing systems, evaluation of socioeconomic influences on international marketing, and marketing strategies as they relate to firm size. Prerequisite: MARK 502.

  • MGTSC 686: Measuring and Assessing National Economies

    This course covers the statistics now commonly used by businesses, governments, labour and other collective bargaining units, social action groups, legal professionals, and the media to assess the performance of nations over time and in comparison with each other. This course helps students improve their skills for finding, obtaining, and using relevant raw data and statistics for assessing nations. Students also find, read and use studies of others that make use of data and statistics to assess the performance of nations.

  • SMO 617: Managing the Workforce - International Perspectives

    This Human Resource Management course comparatively explores different systems of human resources management (HRM) that are used in Canada, the USA, Japan, Sweden, Germany, and France, and their implications for firm competitiveness. Throughout the course, the North American experience serves as the backdrop or frame of reference for analytical discussions.

  • SMO 635: Managing International Enterprises

    International enterprises are for-profit businesses and nonprofit organizations which actively coordinate their operations sited in multiple countries. Top managers of international enterprises must ensure that their organizations simultaneously adapt to differences in external contexts around the world and increase internal coordination, efficiency, and innovation on a worldwide basis. Students will be put in the role of practicing top managers who are facing challenges, making decisions, and providing leadership in complex, multicultural contexts. Topics may include: entry decisions; aligning strategy, structure, and process; globalization; international strategic alliances; and sustainability. Prerequisites: SMO 500.

  • SMO 642: International Family Enterprise

    International Family Enterprise provides an opportunity for students to investigate issues related to family enterprise in international contexts. Using a combination of theoretical information, written case studies, and presentations from guest speakers the course studies family firms from the perspective of family, ownership and business. As well, since family business is a prevalent organizational form throughout the world, the course allows students the opportunity to investigate how non-family businesses can best deal with family firms in other countries. The course looks at family firms operating outside Canada and the US, as well as Canadian family firms with international operations and addresses the following general questions: What are the key organizational and strategic issues for family businesses in other countries? How can we best understand the combination of family, ownership and business issues in international family firms? How can Canadian family firms best organize in order to compete internationally?

  • SMO 648: International Family Business Study Tour

    Combines lectures at the University of Alberta with an on-site study tour to a foreign country. The study tour component is normally for a one-to-two week period, during which students participate in company tours and lectures, to develop an appreciation for family business and entrepreneurship in an international context. Students are usually expected to complete projects or case studies relating to the country under study. Check with MBA office for enrolment restrictions. Credit will not be given for both SMO 648 and any other MBA study tour to the same destination. Students may receive credit for only two of the following three courses: BUS 648, BUEC 648, SMO 648.


International Study Options

The Alberta MBA provides a number of opportunities to gain global exposure and international experience during your degree. With faculty members hailing from around the global and half of our Full-Time MBA students coming from outside of Canada, the classroom experience is global in nature. You also have the opportunity to add an international study component to your degree, with short term (study tours), medium term (one-term exchange), and long term (dual degree) options.