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MSc International Business

Course Description

Employability & Careers

Graduates from the School’s MSc suite of programmes have proved to be extremely attractive to employers and have entered a wide range of careers including marketing, supply chain management, operations management, accounting and general management. Such multinational employers include BAE Submarine Systems, Bombardier Aerospace, Pricewaterhouse Coopers, Rolls Royce. Other students have gone on to pursue research towards an MPhil or PhD.

Although the MSc International Business is a new offering, we expect our graduates will be competitive in these range of graduate roles. The programme is specifically designed to equip graduates for work in multinational companies or managing in an international context.

Module Information

Fundamentals of International Business Strategy

This module aims to provide a theoretical and practical understanding of the core international business strategy topics and establish the foundation for students to draw on in later modules, such as Business in the World Economy (Semester 2). Topics may include issues related to the international environment (globalisation, theories of international trade and investment, the political environment, and international monetary and financial environment), international business strategy (opportunity assessment and product strategy) and foreign market entry (opportunity assessment and international marketing).

Human Resource Management and Work in the Global Context

The module is designed to give students an advanced appreciation of the changing nature of work, as well as key aspects of international human resource management. This module will focus on three key themes, namely: the nature of changes being placed on work systems due to increased global competition (e.g. cultural difference, employment effects of foreign direct investment); issues of managing across borders and cross-culturally within the modern business organisation (e.g. issues of expatriation); and finally, an understanding of key issues involved in the comparative study of work and work systems (e.g. comparative employment relations).

The Multinational Enterprise

The module aims to familiarise students with the organisational form unique to international business (The Multinational Enterprise), and explore some the advantages enjoyed, and challenges faced, by these firms. The Multinational Enterprise module complements the broader context covered in Fundamentals of International Business Strategy. Topics covered may include the history of MNEs, MNEs as an organisational form, strategic alliances formation, and foreign direct investment.

International Management in Practice

The aim of this module is to increase student understanding of negotiation and problem-solving techniques in the context of international management. Often multinational organisations are portrayed as large, impersonal organisations with the freedom to roam the world. This depiction rarely, if ever, reflects reality. Actions of multinationals are frequently the product of bargains and deals concluded internally or externally with other firms and public agencies. The nature and quality of these bargains have a big influence on how multinationals operate and how they perform. Topics covered may include principles of negotiations, negotiating subsidiary mandate change, negotiating financial packages for inward investment and problem-solving in international supply chains.

Business in the World Economy

This module, in keeping with the tradition of regional and country studies in International Business, seeks to highlight the variety of environments and the diverse influences on the conduct of international business. As such the module will highlight the contingent and interdependent nature of the international environment for firms today. Dividing the global economy into major regions and selecting key national economies, the module analysis each from an institutional perspective at the supra-national, regional and national level, as a potential market and host location, as a sources of international business activity, from a civil society perspective and in terms of the business-government relationship. Typical regions examined include China, Americas, Middle East and Asia-Pacific.

Global Supply Chains and Logistics

The aim of the module is to provide students with an understanding of the structure, operation and challenges inherent in managing global supply chains. Today’s organisations must manage a globally-diffuse supply base and manage the flow of materials and product between suppliers, factories and operating sites. This module provides students with the ability to understand the challenges of operating global supply chains, including developing sourcing strategy, buying from low-cost countries, logistics management, and selection of appropriate transportation and storage modes.

Management Control in International Business

The aim of this module is to equip students to understand and evaluate managerial control systems used in international or multi-divisional organisations and the extent to which those systems effectively enforce control and influence behaviour. The module explores the traditional and contemporary techniques and practices used by managers in controlling the operations of international or multi-divisional businesses. The applicability of techniques and practices to given situations and the impact on participants’ behaviour is explored in the context of improving organisational effectiveness.

Research Methods

This course aims to introduce students to the philosophical and ethical underpinnings of business and management research, as well as to a range of quantitative and qualitative techniques used therein.

Entry Requirements

2:1 in Business or Management or where business or management modules formed a substantial component of their undergraduate degree

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