Through the study of International Business, one develops an understanding of the global environment and how businesses must adapt to that environment if they are to succeed.The Shidler College of Business International Business program has been consistently ranked in the Top 20 in the nation by U.S. News and World Report. The International Business major will provide students with the foundations of that basic understanding. Courses will stress general environmental issues; (e.g., developments in training relationships between nations) and will also focus on specific functional area issues; (e.g., determining which foreign markets an organization should enter).
Because of its relatively unstructured and highly interdisciplinary nature, the International Business major does not provide undergraduate students with sufficient knowledge to enable them to "practice" international business upon graduation. The trend is to first place graduates in domestic positions with international responsibilities, then place them in overseas positions.
As a result, students must select a double major in a specific functional area such as marketing or finance. This allows them to reach a sufficient level of understanding in a functional area and apply for entry level positions in the functional field (e.g., as a marketing manager).
International Business majors may also proceed to graduate school to pursue a degree in or related to international business. This allows students to continue developing functional area expertise while honing their knowledge of international business, making them more employable.
Finally, it is recommended that students continue to develop their language skills. Developing proficiency in a foreign language will greatly increase the likelihood of an overseas position, while demonstrating commitment to the International Business field.
International Business Course Requirements (15 credit hours, all with "C-" or better)
Note that International Business may only be taken as a double major in business. Cannot double with any other major outside of Shidler College.
Required courses (9 credit hours):
- FIN 321 (IB) - International Business Finance
- MGT 342 or 343 (IB) - Multinational Business Management or Comparative Management Systems: United States and Japan
- MKT 381 - Multinational Marketing
Two of the following electives (6 credit hours):
- BUS 367 (if taught with international business focus) - Business Study Abroad
- BUS 475/476* (3 credits only) - Asia Pacific Business/Asia Pacific Field Trip
- BUS 477** (3 credits only) - Dynamics of Asian Finance
- ACC 460 - International and Managerial Accounting
- BLAW 360 - International Business Law
- FIN 331 - International Banking
- FIN 444 - Asian Finance
- FIN 470 - Sustainable Development in East Asia
- FIN 490C - Japanese Financial Management
- HRM 469 - Labor Problems in Asia
- MGT 320 - Fundamentals of Entrepreneurship
- MGT 341 (if taught with international focus) - Behavior in Organizations
- MGT 342 - Multinational Business Management
- MGT 343 - Comparative Management Systems: United States and Japan
- MGT 344 (if taught with international focus) - Seminar in Management
- MGT 460 - Asia Pacific Business Systems
- MKT 361 (if taught with international focus) - Seminar in Marketing
- ANTH 416; ASAN 312, 320; ECON 415, 460, 461; POLS 306, 315, 316; TIM 324, 325, 442
- Third-year foreign language (301, 302, or both) - Students who are exempt from the foreign language requirement must complete 15 credits in the IB major, therefore must still complete 6 credits of IB elective courses
*BUS 475/476 must be taken as 3 credits to fulfill the International Business elective
**BUS 477 is offered as 6 credits: 3 credits count as an IB elective and 3 credits count as an upper-division elective.
Also required is an integrative, international experience as met by one of the following:
- An international internship (BUS 395I). This could be a domestic internship with a multinational corporation. BUS 395I can be used to satisfy an upper-division elective.
- A directed reading/research course (399) with an international focus under the supervision of a Shidler College of Business faculty member and Department Chair approval. This course can be used to satisfy either an elective in the IB major OR an upper division elective.
- Participation in an international exchange or study abroad program, or BUS 475/476/477.
- Completion of the third year of a foreign language. 301 & 302 can satisfy electives for the IB major OR upper division electives.
If you have further questions or would like more information, please contact the Shidler College of Business Undergraduate Office of Student Academic Services by e-mail at firstname.lastname@example.org or by phone at (808) 956-8215.
For more information on a Bachelor Degree Program Sheet, go to http://www.manoa.hawaii.edu/ovcaa/programsheets/.