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Introduction to International Business

Introduction to International Business

Code: IBU1LF101
Scope: 10 ECTS
Timing: semester 1
Language: English
Curriculum: GLOBBA16
Course level: Basic Studies
Course type: compulsory

Starting level and linkage with other courses
No prerequisites.

Learning outcomes
You have an understanding of the general business framework. You know the purpose and role of different business functions and their connection to international business. You are able to work in a multicultural team and reflect your own professional development. You get insights into the areas of human resource management, supply chain management, accounting, finance and principles of economics.

You identify the general business competencies and understand their importance for your personal development and future career. You know the common recruitment and selection criteria and can apply them both from the employer and applicant perspective. You know the importance of the supply chain and logistics in business operations. You are able to consider the customer orientation and cost efficiency of supply chain management.

You understand the basic cash and transaction flows of a company and can interpret them with accounting concepts. You recognize the basic legal framework of accounting and taxation. You are able to recognize financial services and funding options for business purposes.

You know the basis for competitiveness in international trade, the basics of supply and demand, as well as competition in different market structures.

Contents

  •  case companies in the context
  •  approaches for effective multicultural teamwork
  •  learning styles
  •  generic and business competencies
  •  recruitment and selections
  •  customer orientation and cost efficiency of supply chain management
  •  international competitiveness; supply and demand
  •  competition and market structures
  •  accounting as a language of business
  •  financing of an enterprise

Recognising and validating prior learning (RPL)
If you have acquired the required competence in previous work tasks, recreational activities or on another course, you may show the competence with a demonstration and progress faster through your studies. More information and instructions for RPL are available at MyNet and in the implementation plan.

Cooperation with the business community
Company guest speakers and/or students interview a company representative of their own choosing and/or other feasible forms of cooperation.

Internationality
The course is international in the composition of the student teams, and the assignments are international in scope.

Course format
Contact and distant sessions.

Assessment
Students' performance is graded on the following scale: Excellent (5), Very good (4), Good (3), Satisfactory (2), Fair (1), Fail (0).
Link to the joint assessment grid. Assessment of your own learning.

Course teachers
Kevin Gore, Eva Herttuainen, Anita Pösö, Laurianne Bellotti

Learning materials
Materials to be given in the implementation plan.