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MSc International Business


Course Description

Introduction

This course will provide the students with an opportunity to learn and understand how business is conducted in the international arena, in particular focusing on the development of managerial skills necessary to survive and thrive in an interconnected world. It provides a solid foundation for a highly successful career by developing problem-solving and critical thinking abilities within the context of trading across national boundaries.
The MSc International Business offers a choice of pathways, allowing students to specialise in marketing or human resource management. This flexible format allows students to select a specialisation to suit career aspirations. This means you can graduate with your specialism in Human Resource Management or Marketing reflected on your degree certificate.
By the end of this course, students have a nuanced understanding of operating across economies, currencies and regulatory frameworks. In addition, they are better equipped to engage with stakeholders from different cultures and work effectively in a team that is scattered in different geographic regions.

What is International Business?

International Business is the specialisation of core business subjects, adding theoretical and practical dimensions relevant to operating in an increasingly globalised economy. Foundation content, from accountancy and finance to strategic management, is explored in the context of international regulatory frameworks and business practices. Analytical and problem-solving skills are developed from multi-cultural and multi-national perspectives. Students are exposed to the challenges and opportunities that result from globalisation.
An MSc International Business from Stirling is designed to develop deep understanding of different approaches to managing businesses across national boundaries and create awareness of new trading blocs and the pressures they inflict on businesses and managers. Postgraduate education in International Business equips graduates to work in roles that require an understanding of how businesses are financed and taxed in different jurisdictions as well as other legislative issues that must be taken into account. A strong emphasis on ethical and environmental issues of relevance to commercial operators with international interests is a major strength of this course.
The International Business with Human Resource Management pathway is ideally suited to individuals who wish to blend their interests in general business strategy with the management of people.
The International Business with Marketing pathway enables students to develop marketing expertise that will enable them to thrive in a global business context.

Key information

- Degree type: MSc, Postgraduate Diploma
- Study methods: Full-time
- Duration: MSc: one year; Diploma: 9 months
- Start date: September
- Course Director: Ms Jenoah Joseph

Course objectives

The aim of the MSc International Business is to incorporate the new dimensions of international business competencies. It is an innovative, rigorous and challenging programme that will give you a comprehensive grounding in the theoretical and empirical knowledge of international business.
The International Business course is specifically designed to achieve the following:
- An understanding of the relevance of international trade in today's business environment
- An understanding of the challenges and opportunities that result from globalisation
- A knowledge of the different approaches to managing businesses in the global environment
- An awareness of the emergence of new trading blocs and the pressures they inflict on business and managers
- An awareness of the ethical and environmental issues that have emerged as a result of globalisation and its impact on consumers

English language requirements

If English is not your first language you must have one of the following qualifications as evidence of your English language skills:
- IELTS: 6.0 with 5.5 minimum in each skill
- Cambridge Certificate of Proficiency in English (CPE): Grade C
- Cambridge Certificate of Advanced English (CAE): Grade C
- Pearson Test of English (Academic): 54 with 51 in each component
- IBT TOEFL: 80 with no subtest less than 17

For more information go to English language requirements https://www.stir.ac.uk/study-in-the-uk/entry-requirements/english/

If you don’t meet the required score you may be able to register for one of our pre-sessional English courses. To register you must hold a conditional offer for your course and have an IELTS score 0.5 or 1.0 below the required standard. View the range of pre-sessional courses http://www.intohigher.com/uk/en-gb/our-centres/into-university-of-stirling/studying/our-courses/course-list/pre-sessional-english.aspx .

Career opportunities

Highly qualified individuals with a multi-faceted understanding of business opportunities and risks are in high demand among organisations with global operations. As the world is increasingly interconnected, even graduates who choose to remain at home will find that a broad business degree with an international flavour will set them apart from other employment-seekers.
Virtually every facet of most larger businesses is inextricably linked to the wider world. The proven ability to work in a multi-cultural team is an added advantage for individuals seeking careers at higher management levels in organisations with stakeholders in other countries.
The MSc International Business provides you with excellent preparation for a wide range of careers in the private, public and voluntary sectors. Our alumni are found in key roles across organisations. Employers have included the World Wildlife Fund, Lufthansa, RBS, Proctor & Gamble, Ernst & Young, EBSCO Publishing and Accenture.
The MSc International Business and Human Resource Management equips students for a range of roles, from designing and delivering effective training programmes to working as business consultants. It develops leaders who will spearhead sustainable and responsible management in the new business environment.
The MSc International Business and Marketing will make you attractive to employers seeking professionals with in-depth understanding of the global marketplace as well as specialist marketing skills. Our students are in demand among international businesses as well as organisations with global reach.

Visit the MSc International Business page on the University of Stirling website for more details!

(Student Profile)

Anna Kuzmanova

As a student in International business, I had the opportunity to study in a dynamic and challenging environment while learning the practical aspect of operations in the international business arena. This program provided me with invaluable insights and allowed me the flexibility to focus on my preferred modules such as Marketing and Human Resource management. The diverse cultural background of the students and rigorous subject matter allowed me to hone my abilities to think strategically, analyze critically and communicate effectively. In addition the students had chance to compete for the Al Tajir scholarship that was awarded based on academic excellence combined with an assignment. This was a very interesting and challenging project and I am grateful for the option to take part in it. Overall the year in Stirling was beneficial on both academic and personal levels and I believe it will help me to build successfully my future career.

(Student Profile)

Miss Thi Nguyen

What was your number one reason to pick the UK?
Most qualifications of the UK’s universities are respected anywhere in the world.

Why did you choose this course and institution?
Recently, as a result of globalisation, global business has more challenges and opportunities. To understand more about the impact of these essential things on Vietnamese business environment and further my future career in Vietnam, I decided to choose MSc International Business. As my research before coming to the UK, Stirling places at the heart of Scotland, and it has a lower living costs compared with other places. The University of Stirling has good facilities such as the library and convenient laboratory equipment that are extremely cost-effective for studying.

How easy was it to settle into life at the university?
Stirling is a peaceful and beautiful town with a lot of friendly local people. I have made plenty of friends who are from different countries, therefore, I can improve my English quicker.

Tell us a little about the course?
My course is totally different than what I thought. There are a lot of books I have to read, many presentations I need to present and a lot of deadlines for assignments that I have to face. However, the course is really useful for me because it helps me stop thinking in a narrow mind. Furthermore, the course enhances my knowledge such as understanding more about other cultures around the world and learning the ways of doing business successfully.

What advice would you give to someone considering coming to the UK to study?
Don’t panic, just do what you want.

(Student Profile)

Samira Jamshidi

As a Master’s degree student in International business, I had the chance to study in a dynamic and challenging environment while learning the practical aspect of operations in the international business arena. This program provided me with priceless and valuable insights in IB and offered flexible modules such as International Marketing and Information Technology. Moreover, having colleagues with various cultural backgrounds allowed me to prove my abilities to learn more about different various social and business cultures followed by critical analysis and effective communication. Finally, studying for a year in Stirling University had benefits on my academic and personal life levels, which has helped me to be successful in my career.

I currently work for one of the strongest and biggest Iranian pharmaceutical companies in two different positions. Firstly as a commercial expert (local and international), and secondly as an International Business Development expert which is very close to my studies at the University of Stirling. I am so fascinated by the second position that I am planning to move to this position full-time. To a great extent I owe my current success to my Masters studies in Stirling.

(Student Profile)

Fiona Millar

Completing and participating in the MSc in International Business has been one of the most rewarding experiences of my life. I was able to specialise, fine tune and develop theory and learning from my Undergraduate Degree in Business Studies whilst also developing strong, invaluable friendships.

Completion of my MSc has given me the necessary competitive edge for the tough world of graduate employment. More and more employers are looking for differentiation of graduates and this Msc offers that. By being able to specialise my degree with HRM meant I only graduated with three other classmates with the same degree, thus increasing my individualism and enhancing my employability. Throughout my course I learnt new skills, new approaches to management and business and had the opportunity to participate in a real life business game, Strip Steel Business Challenge, which I have taken a wealth of experience from and can talk about in interviews. I have also learnt how to adapt to, work with and create partnerships with other cultures, personalities and educational backgrounds, which will be invaluable to myself and any organisation that employs me.

My experience was further enhanced by the friendships I made during my MSc and the support provided by the department, which was invaluable. They really are there for you and truly are interested in your achievement and development.

I would highly recommend the course to anyone considering it, don’t think twice. Jump right in and enjoy every opportunity and experience it offers you.

(Student Profile)

Fiona Millar

Completing and participating in the MSc in International Business has been one of the most rewarding experiences of my life. I was able to specialise, fine tune and develop theory and learning from my Undergraduate Degree in Business Studies whilst also developing strong, invaluable friendships.

Completion of my MSc has given me the necessary competitive edge for the tough world of graduate employment. More and more employers are looking for differentiation of graduates and this Msc offers that. By being able to specialise my degree with HRM meant I only graduated with three other classmates with the same degree, thus increasing my individualism and enhancing my employability. Throughout my course I learnt new skills, new approaches to management and business and had the opportunity to participate in a real life business game, Strip Steel Business Challenge, which I have taken a wealth of experience from and can talk about in interviews. I have also learnt how to adapt to, work with and create partnerships with other cultures, personalities and educational backgrounds, which will be invaluable to myself and any organisation that employs me.

My experience was further enhanced by the friendships I made during my MSc and the support provided by the department, which was invaluable. They really are there for you and truly are interested in your achievement and development.

I would highly recommend the course to anyone considering it, don’t think twice. Jump right in and enjoy every opportunity and experience it offers you.

(Student Profile)

Indriyanti Nuryanto

I chose the MSc International Business at the University of Stirling as the modules of this course appealed to me and it provided the environment and facilities I wanted in a University. I found many benefits to studying at Stirling such as good lecturers who teach with a clear explanation and good structure. The course provided the transferrable skills that I will be able to implement in the real business world. The city of Stirling has been warm and welcoming. You will not get any environment like this, both campus and city, to study in the UK. Especially for the Asian future students, the western life may be different in some perspectives, but you do not have to worry because the people here will help you to adapt easily.

Prior to studying the MSc International Business I had worked for 7 years in Indonesia. The course provided me with so much new knowledge and I cannot wait to apply it in my workplace. I was motivated by the opportunity to compete for the Al-Tajir Scholarship, which is offered to the best MSc International Business students on an annual basis.

(Student Profile)

Jannes Peemoller

Stirling came recommended as an excellent city to live as a student. Stirling has provided me with the skills necessary for a successful business career in an international environment. Having peers from all over the world allows you to step out of your personal boundaries and experience what a real international workplace will be like and provides you with confidence for the future. With the international environment you soon become a cohesive group that engages in activities outside the coursework which offers interesting insights in cultures from all around the world.

(Student Profile)

Celine Breathnach

The year I spent at Stirling University was both challenging and rewarding. Through the MSc International Business programme, I gained a wider view of business. I especially enjoyed the Responsible Business in Society module, because it shook some of my opinions and made me look at our consumption and the way we do business in a different way. The many presentations and group projects I took part in made me feel more confident and helped me build my communication skills. Last but not least: the dissertation. I enjoyed being able to develop such a project from start to finish. It allowed me to do some extensive research on a subject that I had chosen and seeing the final piece certainly gave me a great sense of achievement. On a more personal side, I liked the mixed cultural background, which made the programme feel really "international".

Overall, I think that I have gained a lot from studying in the International Business programme. I learnt many things, both on an academic and personal level. I believe that studying in the International Business programme at Stirling helped me build up some of the skills that I needed to land the job that I now hold and will hopefully help me further my career in the future.


Scholarships

Entry Requirements

A minimum of a second class Honours degree or equivalent. Applicants without these formal qualifications but with significant appropriate/relevant work/life experience are encouraged to apply. INTO University of Stirling offers a Graduate Diploma for those students who do not meet the required criteria for this course. If you successfully complete the Graduate Diploma in Business, Finance and Sport and meet the required progression grades, you will be guaranteed entry onto this Master's degree.

Course Fees

2015/16: Home/EU £6,000; Overseas £13,500


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