International Business, BSBA
Program Description
Every business is a global business in the interconnected 21st century. From the smallest e-commerce entrepreneur to the global company on multiple continents, every business has the potential to expand its reach beyond a local operation and capitalize on emerging opportunities, no matter where they are. International business majors will learn how to assess and understand this dynamic and multifaceted environment and develop essential skills in ethical and cultural awareness.
To major in international business at La Salle, you must meet the requirements of either a second major (this can be outside the School of Business) or a minor in Risk Management and Insurance (RMI). Students with a second major outside the School of Business must fulfill all business core, math, economics and psychology/sociology courses that are required of business majors. A second major in a functional business area, such as accounting, marketing and finance, is important for an initial career placement and is emphasized more in the early stages of business careers. International business skills and knowledge are generally utilized after mastering these functional skills.
Why Take This Major?
International business is an interdisciplinary program. In addition to courses in business, students are encouraged to take courses from political science, education and economics. Experiencing a foreign culture first-hand is also an essential requirement.
- La Salle international business majors has a well-rounded education in accounting, business systems and analytics, finance, management and leadership, and marketing.
- Students are required to have a second major, or a relevant minor, which increases their career opportunities.
- Explorers studying international business must have an international experience fulfilled by short-term travel study courses, a semester abroad, or an approved international internship.
- Professors who teach in the program have vast international professional and educational experience. Many also lead students on short-term travel study courses to Europe, Asia and South America.
International business prepares students for a variety of career choices in culturally-diverse businesses in all industries, whether here at home or at an international location.
Career opportunities for those with an International Business degree include:
- Compliance Specialist
- Import/Export Agent
- International Finance and Banking
- International Management Consultant
- International Sales Representative
- Logistics Coordinator
- Trade Specialist
Degree Earned
B.S.B.A.
Required for Graduation
- Courses
- Major: 18 (plus second major or minor in Risk Management and Insurance)
- Total: 40
- Credits
- Major: 55 (plus credits for second major or minor in Risk Management and Insurance)
- Total: 120
- GPA
- Major: 2.0
- Cumulative: 2.0
Student Learning Outcomes
The goals of the program are:
- to promote the understanding of the nature of international business (explain how international factors affect domestic concerns, explain regional economic and political integration, explain the main institutions that shape the global marketplace, explain business expansions abroad, explain the key legal and political issues related to conducting businessin other countries),
- to demonstrate developed global perspectives (cognitive knowledge of global issues, interpersonal skills with individuals from various cultures, social responsibility awareness on global issues).
Progress Chart
Level One - Core Courses
12 courses and 2 modules required.
Major Requirements
Major requirements include 4 Level Two ILO requirements, fulfilled through the major.
Students in this major must complete 40 courses in total in order to graduate. 18 (plus second major or minor in Risk Management and Insurance) courses will be from this major program.
Code | Title | Credits |
---|---|---|
Level One - Core Courses | ||
Universal Required Courses | ||
Students must complete the following 4 courses. | ||
ILO 8.1: Written Communication | ||
ENG 110 | College Writing I: Persuasion | 3 |
ILO 5.1: Information Literacy | ||
ENG 210 | College Writing II: Research | 3 |
ILO 1.1: Understanding Diverse Perspectives | ||
FYS 130 | First-Year Academic Seminar 1 | 3 |
ILO 2.1: Reflective Thinking and Valuing | ||
REL 100 | Religion Matters | 3 |
Elective Core Courses | ||
Students must complete 1 course in each of the following 4 ILOs. | ||
ILO 3.1a: Scientific Reasoning | ||
Choose course within ILO | 4 | |
ILO 3.1b: Quantitative Reasoning | ||
MTH 114 | Applied Business Calculus | 4 |
ILO 6.1: Technological Competency | ||
CSC 155 | Introduction to Computer Applications for Business | 3 |
ILO 8.1a/12.1: Oral Communication/Collaborative Engagement | ||
BUS 150 | Presentation and Collaboration Skills for Business | 3 |
Distinct Discipline Core Courses | ||
Students must complete 1 course in each of the following 4 ILOs. Each course must be from a different discipline. (A "discipline" is represented by the 3- or 4-letter prefix attached to each course.) | ||
ILO 4.1: Critical Analysis and Reasoning | ||
ECN 150 | Introductory Macroeconomics: The U.S. in the Global Economy I | 3 |
ILO 9.1: Creative and Artistic Expression | ||
Choose course within ILO | 3 | |
ILO 10.1: Ethical Understanding and Reasoning | ||
Choose course within ILO | 3 | |
ILO 11.1: Cultural and Global Awareness and Sensitivity | ||
Choose course within ILO | 3 | |
Universal Required Modules | ||
Students must complete the following 2 non-credit modules. 2 | ||
ILO 7.1a | ||
Health Literacy Module | ||
ILO 7.1b | ||
Financial Literacy Module | ||
Major Requirements | ||
Level Two | ||
Students must complete 1 course/learning experience in each of the 4 commitments. | ||
ILO 2.2: Broader Identity (Capstone Course/Experience) | ||
Fulfilled within major | 3 | |
Select one ILO from 3.2a, 3.2b, 4.2, 5.2, 6.2, 7.2a, or 7.2b: Expanded Literacies | ||
Fulfilled within major | 3 | |
ILO 8.2b: Effective Expression (Writing-Intensive Course) | ||
Fulfilled within major | 3 | |
Select one ILO from 10.2, 11.2, or 12.2: Active Responsibility | ||
Fulfilled within major | 3 | |
All Other Required Courses | ||
Business Core 3 | ||
BUS 100 | Business Perspectives | 4 |
BUS 101 | Introduction to Financial Accounting | 3 |
BUS 102 | Accounting for Financial and Managerial Decision-Making | 3 |
BUS 200 | Business Professionalism and Career Preparation | 3 |
BUS 202 | Descriptive and Predictive Analytics | 3 |
BUS 203 | Organizational Behavior and Skill Development | 3 |
BUS 204 | Principles of Marketing with Applications | 3 |
BUS 205 | Business Systems for Analytics | 3 |
BUS 206 | Financial Markets and Institutions: Principles and Applications | 3 |
BUS 208 | Fundamentals of Financial Management | 2-3 |
BUS 303 | Legal and Ethical Environment of Business | 3 |
BUS 304 | Prescriptive Analytics | 3 |
BUS 400 | Business Strategy | 3 |
ECN 201 | Introductory Microeconomics: Business Firm and Market Analysis I | 3 |
Select one of the following International Business Courses/Experiences: | 3 | |
International Business Major | ||
Select four courses from one of the two groups below: | 12 | |
Group I | ||
Select four of the following: | ||
International Business | ||
International Economics | ||
International Finance | ||
Management Perspectives on Globalization | ||
Managing in The Global Economy | ||
International Marketing | ||
Any School of Business-sponsored travel study course | ||
Group II | ||
Select three of the following: | 9 | |
International Business | ||
International Economics | ||
International Finance | ||
Management Perspectives on Globalization | ||
Managing in The Global Economy | ||
International Marketing | ||
Any School of Business-sponsored travel study course | ||
Select one of the following: | ||
Special Topics | ||
Political Economy of Africa | ||
International Trade and Trade Wars | ||
International Relations | ||
Globalization and International Decision Making | ||
Physical and Cultural Geography | ||
Plus International Experience(s) 4 | ||
Free Electives | ||
In addition to the requirements listed above, students must take enough courses to the fulfill graduation credit requirements for their School and major. | ||
Total Credits | 116-117 |
- 1
NOTE. The following students use Level 2 Capstone Experience in Major instead of FYS 130 First-Year Academic Seminar: Honors, BUSCA, Core-to-Core, Transfer, and Non-Traditional/Evening.
- 2
The Modules are not required for Transfer Students, Core-to-Core Students, or BUSCA Students. BUSCA students are required to take modules if/when they pursue a bachelor’s degree.
- 3
The Business Core, required of all majors in business, provides students with skills and knowledge across a wide array of business disciplines. Courses in the Business Core introduce students to all areas in which they can major and provide a foundation upon which upper-level major courses build.
- 4
-
Can be met by any of the following: Study Abroad, two travel study courses, an approved internship/coop in another country, one travel study course plus a domestic co-op or internship with a significant international component, or other significant international experience that may be considered upon application to the Program Director.
Dual Major Requirements
International business majors are required to meet the requirements of either a second major (this can be outside the School of Business) or a minor in Risk Management and Insurance.
Course Descriptions
All course descriptions may be found in the main menu under Undergraduate > Courses: A-Z.
Business Administration
An integrative freshmen course that addresses business processes at an introductory level by examining key business areas through the preparation of a business plan. Students gain an appreciation for how each part of a business functions on its own and how business processes interact with each other. The course culminates in our signature Bankers Day event in which each team presents their final business plan to a panel of business executives for evaluation. The course emphasizes cross-disciplinary experiential learning, group dynamics, and personal interaction with faculty, business professionals and entrepreneurs in a small-class environment. Students are introduced to team-building, entrepreneurship, and business plans at the beginning of their academic program in order to build and develop their skills over the next three years. Students should take this course as early on as possible. Generally the course is not open to seniors.
The course introduces financial reporting by focusing on the fundamental principles of recording business transactions with emphasis on the presentation and interpretation of corporate financial information. Topics include an overview of financial reporting and the accounting cycle, as well as, accounting and reporting of operating, investing and financing activities of a business. Assignments employ both Excel and SAP.
An introduction to the fundamentals of managerial accounting with a special emphasis on using accounting information in decision making. Topics covered include corporate capital stock structure, planning and control systems, cost management systems, pricing decisions, and capital expenditure decisions. Assignments employ Excel.
Focuses on the skills needed to link oral communication with the ability to work effectively in the current organizational environment. This course is based on the understanding that content and effective presentation of material are equally important in the understanding of communication. Active participation through oral presentations on current business topics is required. Students will make use of computer-based presentation technology.
The course will focus on critical professional development skills to enable students to connect their education to experiential learning opportunities and post-graduation goals. Students will become aware of industry trends relating to job opportunities, current job search techniques, personal branding strategies, the value of developing a well-connected network, and how to deliver flawless documents to targeted organizations. The course will combine the theories on professional development with real-life applications through assignments and participation in professional events to allow students to see themselves as a professional, rather than just a student. At the end of the course, students will understand the importance of demonstrating these professional skills throughout their collegiate experience (e.g. dressing professionally for presentations, developing quality resumes and cover letters, networking with alumni and guests, etc.)
This course explains what happened and what will happen in business organizations using basic statistical methods relevant to descriptive and predictive analytics. The availability of massive amounts of data and technologies to process these data enables business organizations to use analytical approaches to decision-making. Descriptive analytics is the use of data to find out what has happened in the past or is currently happening; statistical techniques include descriptive statistics and visualization. Predictive analytics is the use of data to find out what could happen in the future; statistical techniques include regression analysis. This course will cover these techniques, descriptive statistics, visualization, and regression analysis, with emphasis on problem-solving and decision-making. This course will also cover probability, probability distributions, and statistical inference. Students will perform data analysis using statistical software packages.
This course examines the behavior of individuals and groups in organizations, with the goal of understanding performance in the new workplace. It is designed to enhance the career potential of people with management and team leadership responsibilities in all areas of business. Topics include: motivation, theories and practice of leadership, individual and group decision making, conflict resolution, communication, international aspects of organizational behavior, perception, individuality, working in groups and teams, and ethical issues of organizational life. The course also emphasizes interactive and experiential learning to demonstrate the issues of organizational behavior. Through active participation, students will develop skills in leadership, communication, negotiation, teamwork, and group decisionmaking. Career awareness and skill assessment will be done through brief lectures, personal inventories, and career planning experiences.
An overview of marketing concepts and principles applicable to business and other organizations. These include: factors influencing the marketing environment and buyer behavior; market segmentation and targeting; product development, pricing, promotion and distribution to satisfy the needs of selected target markets. Approximately one-third of the course is dedicated to planning and to applying marketing-based concepts to profit and non-profit enterprise situations.
This course studies how business systems work and examines challenges confronting business organizations in the information age and beyond. One major challenge is to efficiently and effectively use three most important organizational resources, information, technology, and people, to provide service and value. To meet this challenge, the course studies business systems and strategies that organizations can utilize to organize data into information and synthesize information into knowledge. The course examines design and development of relational database management systems using Microsoft Access (structured query language), decision support systems using Microsoft Excel (what-if analysis, pivot tables, and decision tree analysis), enterprise information systems using SAP (ERPsim), and web-based systems using Google Analytics. The concepts, models, and frameworks are derived from both academic and professional sources.
An introduction to the basics of institutional finance. Financial instruments are generated and traded by participants in financial markets with financial intermediaries facilitating the process. Concepts, terminology, and current practices in each of these areas are examined, along with the impact they have on the economy. Students work on "mini cases" which employ actual data to help better understand the principles examined in the course.
An introduction to the major concepts and techniques of financial management with an emphasis on time value of money, security valuation, cost of capital, capital budgeting, and financial statement analysis.
This course prepares students to understand the fundamentals of managing personal finances. It will provide a broad overview of the basic issues in personal finance and help students develop an organized approach to making intelligent financial decisions in everyday life with the ultimate goal being successful money management and wealth accumulation. Topics covered will include: financial planning and goal setting; budgeting; basic financial transactions; banking services and products; consumer credit; housing decisions; current regulations and practices governing consumer financial transactions and contracts; insurance; basic investments; retirement planning; planning for education. This course is an elective for all business majors.
Students study international aspects of accounting, finance, economics, management, marketing and management information systems. The course helps students develop an appreciation for how different cultures, governments, and approaches to doing business impact international business-to-business relationships as well as devising strategies to enter markets in other countries. In some semesters the course is taught as a travel-study course that includes company site visits.
A study of the American legal system exploring how courts decide cases and the values that play a role in such adjudication. The nature, formation, and application of law to individuals and business. The development of law, with emphasis on the Constitution, personal and business torts, the employment relationship, discrimination, international legal perspectives, and an exploration of legal ethics and the ethics of corporations.
In this course students learn how to run business operations efficiently and effectively using prescriptive analytics tools and techniques in managerial decision making. The course introduces students to several quantitative models used in contemporary analytics. Analysis of business scenarios using computer software allows a focus on the conceptual understanding of prescriptive models. Prescriptive topics covered include: decision analysis, Bayesians analysis, stochastic and deterministic forecasting, inventory management, linear programming and optimization, simulation, and project management.
This course explores broad, multidisciplinary, generic business issues through various readings with a current events focus. Examples of themes
that might be studied are: diversity, corporate governance, social responsibility, leadership, entrepreneurship, technology, globalization, and financial
disclosure. A quasi-independent study, this course meets two or three times during the semester. Grading is on a pass/fail basis.
This is the capstone course for Business majors. It takes the perspective of company's senior management, who are tasked with building and sustaining a competitive advantage for the firm. It explores how the functions of the business are continuously shaped in response to the company's internal and external environments. The course includes industry analysis, company and competitor assessment, approaches to strategy formulation and implementation, and business ethics.
Economics
After introducing students to the what and how of economic thinking, the course explores the causes of national economic prosperity and economic problems such as unemployment and inflation. It also discusses the role of fiscal and monetary policies, economic growth, and international economic relations among the U.S. and other countries.
This course explores many issues pertaining to the operation of businesses and the markets in which they operate. Among these are the behavior of consumers, the determinants of prices and production levels, and the efficiency of market outcomes. As time allows, the course applies economic thinking to issues like economic inequality, environmental concerns, international trade, and firms with monopoly power.
This course focuses on basic statistical methods used in the analysis of economic and political phenomena and decision-making. Emphasis is on the application of statistical techniques and the sound interpretation of statistical results. Topics include descriptive statistics, probability, sampling and sampling distributions, statistical estimation, hypothesis testing, simple regression, and correlation.
This course studies how business firms interact with consumers and one another in product and resource markets. Besides distilling profit-maximizing criteria for different firms in different markets, the course also evaluates how the operation of firms impacts the welfare of society in general.
This course analyzes the factors behind countries' long-term growth and also those responsible for short-term fluctuations in their levels of output and prices. It also demonstrates how economic booms and busts have prompted economists to search for explanations and possible policies for addressing these instabilities. Finally, the course compares and contrasts U.S. historical experience with that of other nations.
Topics include Labor Markets, Employment and Wages; Women in the Economy; European Union; Economics of Sports; Economics of Entertainment; and Law and Economics.
Working approximately 10 to 15 hours per week under professional supervision, students learn experientially the linkages between their formal studies and the demands of particular positions. Under faculty supervision, students complete informal and formal written assignments and an oral presentation that describe their duties and interpret their intern experience.
Working approximately 10 to 15 hours per week under professional supervision, students learn experientially the linkages between their formal studies and the demands of particular positions. Under faculty supervision, students complete informal and formal written assignments and an oral presentation that describe their duties and interpret their intern experience.
This course introduces the student to advanced statistical techniques used by economists, other social scientists, and people in business and law to test theories, predict future events, and provide empirical support for various types of hypotheses. The course emphasizes the applied nature of econometrics. As such, the student will construct, estimate, and evaluate well-specified regression models through computer application-based exercises using SAS statistical software.
This course involves an introduction to the theory of international trade. Topics include specialization and the gains from trade, tariffs, and protectionist policies, trade imbalances, the role of international institutions, foreign exchange markets, and monetary and fiscal policies in an open economy.
This course examines the political and economic conditions in Sub-Saharan Africa and provides a historical perspective on these conditions. Issues examined include the political and economic consequences of colonialism, post-independence political forces and economic policies, and U.S. foreign policy toward Africa.
This course examines trade theory and applies the theory to business
firms. It introduces the cultural, environmental, and ethical issues facing
international businesses and examines the impact of trade policies,
foreign exchange, and the balance of payments on businesses’ decision
making.
This course begins by examining aspects of the indigenous societies prior to the arrival of Europeans in what has come to be called "Latin America." Throughout, it considers issues such as colonialism, militarism, race, gender relations, and religion that have shaped the societies, polities, and economies of nations from Mexico and the Caribbean to those of the Southern Cone. The goal of the course is to afford class members the opportunity to better understand Latin America's history as a basis for comprehending its likely future. Cross-listed with HIS334 and POL 334.
This course provides an overview of the U.S. in the global economy and the history of the World Trade Organization (WTO), an examination of the WTO's dispute settlement mechanism, and an examination of major trade disputes that involve the U.S. The course ultimately explores how international trade laws, politics, diplomacy, and multi-national corporations in pursuit of profits interact.
This course first explores the structure and outcomes of a centrally-planned economic system in contrast to a market-based economic system. Second, it examines how the transition from planned to market took place (or is still under way) in Eastern Europe and the countries of the former Soviet Union. Lastly, it considers a wide range of contemporary political and economic challenges facing countries across the region, from building democratic institutions and strengthening the rule of law to establishing competitive markets and addressing social and economic injustices.
This course describes and analyzes long-term economic growth and development since colonization. It stresses changes in demographic, technological, and institutional factors as they interact with the market system. Basic economic concepts and theories of growth are applied to significant historical questions.
Provides an introduction to the trade-offs (costs versus benefits) associated with environmental issues. Evaluating trade-offs requires an examination of the magnitude or current environmental problems and some consideration of how to measure the costs and benefits of regulatory changes. Approximately half the course will be devoted to examining the current regulations, how the regulatory process works, and the economic implications of the regulations.
The course surveys the economics of the entertainment industry with an emphasis on the importance of market structure (perfect competition, monopolistic competition, oligopoly, monopoly) in determining behaviors and profitability. In this course, we will apply many microeconomic, and a few macroeconomic, concepts to evaluate structure, workings, and profitability of various segments in the entertainment industry, ranging from movies to music, TV, radio, publishing, casinos, and theme parks. Case studies will be used to highlight the issues facing particular firms.
This course explores the economics of health and health care. It introduces students to different economic perspectives on the determinants of health, how health insurance markets are organized, and the challenges facing the U.S. health care system. The course also examines how health care services are financed and delivered in other countries. Special attention is paid to recent health care reforms, including the Affordable Care Act.
Topics include Labor Markets, Employment and Wages; Women in the Economy; European Union; Economics of Sports; Economics of Entertainment; and Law and Economics.
This experience will be a full-time paid employment in a cooperating firm such as a bank, economics forecasting company, or public utility; a nonprofit company such as a Community Development Corporation; or a government agency such as a county planning department or a statistical analysis office. Under faculty supervision, students also complete job-related learning assignments that involve oral and written presentations.
This experience will be a full-time paid employment in a cooperating firm such as a bank, economics forecasting company, or public utility; a nonprofit company such as a Community Development Corporation; or a government agency such as a county planning department or a statistical analysis office. Under faculty supervision, students also complete job-related learning assignments that involve oral and written presentations.
The course details the development of economics as a coherent analytical discipline through a historical study of its main schools and contributors, including the Physiocrats; the Classical Economists (especially Jevons, Walras, and Clark), Marshall, and Keynes. Lesser figures are treated as time allows. Attention throughout is given to the changing philosophical and cultural background of economic thought.
This course provides the student with an opportunity to do research with a faculty member. The student and the faculty member agree on the research project before the student registers for the course.
This course is a continuation of the 444 research course. It provides the student with an opportunity to continue to conduct research with a faculty member.
This course involves an analysis of the revenue and expenditure activity of government with particular emphasis on the rationale of federal government activity. Also considered are the issues of distribution, efficiency, equity, and stability in the economy.
Topics include Labor Markets, Employment and Wages; Women in the Economy; European Union; Economics of Sports; Economics of Entertainment; and Law and Economics.
This course is intended to be a capstone course for economics majors, one that aids the student in integrating the material from diverse economics courses. It stresses techniques for the preparation of written research reports. Students will ordinarily deliver to the seminar an oral presentation of their research results.
This capstone course for Economics and International Studies majors aims to assist students to research, integrate, and communicate information about the global economy. Specifically, students will learn to conduct research on economic problems and policies of countries and regions of the world not native to them. Students will compose a 250 to 300 word abstract of their seminar papers in two languages, English and a second language. Further, students will be expected to demonstrate at least one of the following competencies: a) to write, in a non-native language, summaries of research in sources written in non-native language; b) to write the seminar paper in a non-native language; or c) to present research results orally in a non-native language.
Program Contact Information
Dr. Meghan Pierce
Professor and Chair
Department of Management and Leadership & Marketing
Founders' Hall 330
piercem@lasalle.edu
(215) 951-1493