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Growing Global (FINA)

Growing Global (FINA)

Growing Global (FINA)

Code: GLO1LK101
Scope: 15 cr
Timing: semester 2 or 3
Language: English
Curriculum: FINA17
Course level: basic studies
Course type: compulsory

Module description

Students become familiar with the globalization of firms. They obtain skills for planning

The internationalization of companies. Students develop their communication skills for working in

English in multicultural environments.

Students develop also their knowledge of International Economics (finance).

 

Module parts

Globalization and internationalization 5 cr (FINA) GLO1LH101A

Communication and culture 5 cr (FINA) GLO1LH101B

International economics 5 cr (FINA) GLO1LH101C

 

Learning outcomes and assessment

A Globalization and internationalization (GLO1LH101A)

Grades 1–2: The student

  • knows the basic drivers and effects of globalization for firms and is able to identify some of the opportunities and challenges the international business environment poses.
  • has a rudimentary knowledge of operation modes in global markets.
  • knows the basic principles of internationalizing a firm’s value chain and utilizing value networks.
  • is able to participate as part of a team in analyzing the target market and drawing up a basic internationalization plan for a value chain activity of a firm.

Grades 3–4: The student

  • knows the different drivers and effects of globalization for firms and is able to analyze the opportunities and challenges the international business environment poses.
  • has a good knowledge of various operation modes in global markets.
  • is familiar with internationalizing a firm’s value chain and utilizing value networks.
  • is able to analyze the target market and draw up an internationalization plan for a value chain activity of a firm.

Grade 5: The student

  • is able to identify the different drivers and effects of globalization for firms and to analyze the relevant opportunities and challenges the international business environment poses.
  • has a solid knowledge of various operation modes in global markets.
  • has an analytical comprehension of how to internationalize a firm’s value chain and utilize value networks.
  • is able to analyze the target market by choosing relevant information and draw up a well justified internationalization plan for a value chain activity of a firm.

 

B Communication and culture (GLO1LH101B)

The studies represent the B2 level of the Common European Framework in business English skills.

Grades 1–2: The student

  • copes in English in the most typical work and business-related communication situations.
  • is aware of the general significance of linguistic and stylistic appropriateness in different types of business communication in English.
  • is familiar with the role of English as a global business language.
  • knows the basic cultural dimensions affecting international business.
     

Grades 3–4: The student

  • copes well in English in typical work and business-related communication situations and in more informal work situations.
  • is aware of the significance of linguistic and stylistic appropriateness in different types of business communication in English and has a basic conception of the use of language and communication services.
  • is familiar with the role of English as a global business language and the underlying linguistic and cultural implications. 
  • has a general understanding of cultural dimensions affecting business and basic skills to work in a multicultural business environment.

Grade 5: The student

  • communicates successfully in English in most work and business-related communication situations and in more informal work situations.
  • knows the significance of linguistic and stylistic appropriateness in different types of business communication in English and knows how to access language and communication services.
  • is familiar with the role of English as a global business language and is able to analyze the underlying linguistic and cultural implications.
  • has a solid understanding of cultural dimensions affecting business and possesses the central skills to work in a multicultural business environment.

 

C International Economics (GLO1LH101C)

Grades 1–2: The student

  • knows some of the basic concepts of international economics
  • knows some of the economic mechanisms in the international economic sphere
  • in a team, is capable of analyzing some of the effects of the international economy on the firm
  • understands news related to international economics
  • knows where to look for information
     

Grades 3–4: The student

  • knows core concepts of both international trade and international finance
  • knows how economics is related to international economics
  • is also independently capable of analyzing effects of international trade as well as international finance on the firm
  • feels comfortable when working in a team
  • in a team, can make suggestions for preventive measures

Grade 5: The student

  • has a very good understanding of the potential effects of international trade and international finance on the firm
  • has a very good understanding of different models used in international economics
  • can independently analyze potential opportunities in the international environment for the firm

 

Learning assignments     
Learning assignment 1: Pre-assignment for Globalization and Internationalization (instructions in Moodle)
Learning assignment 2: Internationalization plan (separate instructions)
Learning assignments 2a: Text based task during the contact lessons
Learning assignment 3: Financial market analysis (separate instructions)
Learning assignment 4: Spoken and written tasks for Globalization and Internationalization, Communication and Culture, and International Economics (assigned separately)
Learning assignment 5: Moodle quizzes
Learning assignment 6: Self-assessment of learning

 

Teaching and learning methods

  • Contact lessons
  • Project based learning
  • Web studies and other distance learning

Course materials            

to be announced

Feedback                     

Student feedback is collected during each implementation and used toward developing the module.