International Business Syllabus
(2018 2nd Semester)
Course
Course Title International Business MGT3007
Number
Enrollment Business Major (and
Credit 3
Eligibility Minor) Students
Class Time Tuesday, Thursday 10:30~11:45am Classroom TBA
Name: Changsu Kim, Professor of International Business
Instructor's E-mail: cskim@[Link] Telephone: 02-705-8527
Photo
Office: MA611
Office Hours: Tuesday, Wednesday, Thursday 13:00~15:00
SBS Mission
1) To provide outstanding education grounded in Jesuit tradition that cultivates students to become
responsible leaders of the global business community through a developed contribution to mankind, and
2) To create new knowledge necessary for advancement of the academic and business communities by
promoting top-quality scholarship and research.
SBS Vision
“A Leading Business School in Asia”
SBS Values and Related AoL Assessment Traits
Learning goal of this course is to help students develop a well-rounded global perspective. To achieve this
end, this course offers an interdisciplinary and holistic approach to GLEE education.
Globalization: 1) Global communication skills and 2) Understanding of global business environments
Leadership: 1) Understanding of leadership and team processes and 2) Communication skills
Excellence: 1) Analytic skills of business problems and 2) Business problem identification and solution
development
Ethics: 1) Understanding of ethical standards in business activities and 2) Understanding of corporate
social responsibility
1
Ⅰ. Course Overview
1. Description
This course focuses on the global business environment in which Multinational Corporations (MNCs)
operate. The economic, social-cultural, political and regulatory dimensions of the international business
environment are analysed. International trade & Foreign Direct Investment (FDI), regional economic
integration, global money market, and globalisation of business and markets are examined.
2. Prerequisites
There is no prerequisite for taking this course.
3. Course Format (%)
Lecture Discussion Experiment/Practicum Field study Presentations Other
50% 20% % % 30% %
4. Evaluation (%)
Mid-term
Final exam Quizzes Presentations Projects Assignments Participation Other
Exam
30% 40% % 20% % % 10% %
Ⅱ. Course Objectives
Learning goal of this course is to help students develop a well-rounded global perspective.
More specifically, at the end of semester, students should be able to:
1. Understand what International Business (IB) is all about
2. Apply the concepts and tools in IB to a real company example
3. Cultivate their global perspectives.
2
Ⅲ. Course Format
This is a seminar style course in which the participating students are required to study the assigned text
and cases, and analyze and discuss them with the rest of class. Class participation is very important as it
is a sure way of communicating your level of participation for the day’s material.
Part I: Lecture
We start with some seminar style classes in Weeks 1 to 12 to provide students with the necessary tools
for firm, industry and country analysis with respect to International Business (IB). The content of the
class will be conveyed through a mix of lectures, videos, and discussions.
Part II: Presentation
Group case presentation will take place in Weeks 13 and 14. A business environment analysis is an
integral part of a course in IB. The purpose of a group project is to provide students with experience of
the international business problems faced by a real company.
Ⅳ. Course Requirements and Grading Criteria
Course Assessment
Attendance & Class Participation : 10%
Group Case Presentation* : 20%
Mid-term Exam : 30%
Final Exam : 40%
* The purpose of the group case presentation is to provide students with an opportunity to do a
comprehensive international business environment analysis for a real company. Through active
participation you should be able to learn i) how to analyze a case, ii) how to collect information about a
country and its business environment, and iii) how to structure and present their ideas.
The content of the presentation should include, but not limited to:
1) Country environmental analysis
- geography, population, history…
- political economy (political, economic & legal systems)
- economic indicators (GDP, Export, Import) & main industries
- social norms & cultures (language, religion, ethnic groups…)
2) Business environment analysis (from a MNC’s perspective)
3) Company (industry) case or example
4) Strategic evaluations and recommendations, based on your analysis
Ⅴ. Materials and References
Basic Texts
Hill & Hult (2018). Global Business Today (9e), McGraw-Hill.
Instructor will post the lecture notes and any supplementary materials in advance on the course home
page in the cyber campus.
3
Ⅵ. Course Schedule
Learning Objectives Introduction and Overview
Topics International Business Overview
Class Work
Week 1 Lecture/Discussion
(Methods)
Materials
No Materials required.
(Required Readings)
Assignments No Assignments required.
Learning Objectives To learn about IB, Globalization and Competitiveness
- IB and Globalization
Topics
- Competitiveness in the world economy
Class Work
Week 2 Lecture/Discussion with video materials (McDonald’s Everywhere)
(Methods)
Materials
Textbook: Chapter 1 – Globalization
(Required Readings)
Assignments Assigned Readings
Learning Objectives To learn about Competitive Advantage of Nations
- Porter’s Diamond
Topics
- IMD model
Class Work
Week 3 Lecture/Discussion
(Methods)
Materials
Textbook: Chapter 5 – International Trade Theory
(Required Readings)
Assignments Assigned Readings
Learning Objectives To learn about National Differences in Political Economy
- Political / legal / regulatory environment
Topics
- Economic environment
Week 4
Class Work Lecture/Discussion with video materials (Life in Saudi Arabia;
(Methods) Counterfeiting in China)
Materials
Textbook: Chapter 2 – National Differences in Political Economy
(Required Readings)
4
Assignments Assigned Readings
Learning Objectives To learn about National Differences in Culture
- Culture and IB
Topics
- Hofstede Model
Class Work Lecture/Discussion with video materials (Mustang Jeans; Americans in
Week 5 Japan)
(Methods)
Materials
Textbook: Chapter 3 – Differences in Culture
(Required Readings)
Assignments Assigned Readings
Learning Objectives To learn about ethical issues in IB
Topics - Ethics in International Business
Class Work
Lecture/Discussion
Week 6 (Methods)
Materials
Textbook: Chapter 4 – Ethics in International Business
(Required Readings)
Assignments Assigned Readings
Learning Objectives To learn about Resource Variations across Countries
- Globalization, trade and FDI
Topics
- International Trade
Class Work
Week 7 Lecture/Discussion
(Methods)
Materials Textbook: Chapter 5 – International Trade Theory
(Required Readings) Textbook: Chapter 6 – The Political Economy of International Trade
Assignments Assigned Readings
Week 8 Mid-term Exam
Learning Objectives To learn about FDI and MNCs
- Foreign Direct Investment
Topics
- Multinational Corporations
Week 9
Class Work
Lecture/Discussion with video materials (FDI into South Africa)
(Methods)
Materials
Textbook: Chapter 7 – Foreign Direct Investment
(Required Readings)
5
Assignments Assigned Readings
Learning Objectives To learn about International Financial Environment
- Foreign Exchange Market
Topics
- Foreign Exchange Rate
Class Work
Week 10 Lecture/Discussion with video materials (Argentina and Ecuador)
(Methods)
Materials Textbook: Chapter 9 – The Foreign Exchange Market
(Required Readings) Textbook: Chapter 10 – The International Monetary System
Assignments Assigned Readings
Learning Objectives To learn about Regional Integration
Topics - Regional Trading Blocs
Class Work
Week 11 Lecture/Discussion with video materials (Money Change: The Euro)
(Methods)
Materials
Textbook: Chapter 8 – Regional Economic Integration
(Required Readings)
Assignments Assigned Readings
Learning Objectives To learn about IB strategy
Topics - Competing in a global marketplace
Class Work
Week 12 Lecture/Discussion
(Methods)
Materials
Textbook: Chapter 11 – The Strategy of International Business
(Required Readings)
Assignments Assigned Readings
To provide students with experience of the international business issues (and
Learning Objectives
problems) faced by MNCs
Topics - Group Case Presentation I
Week 13
Class Work
Presentation/Q&As
(Methods)
Materials
Mini-cases
(Required Readings)
6
Assignments Case synopsis
To provide students with experience of the international business issues (and
Learning Objectives
problems) faced by MNCs
Topics - Group Case Presentation II
Class Work
Week 14 Presentation/Q&As
(Methods)
Materials
Mini-cases
(Required Readings)
Assignments Case synopsis
Learning Objectives Wrap-up and Exam-review
- Lecture Review
Topics - Case Presentation Review
- Exam Brief
Week 15 Class Work
Lecture/Q&As
(Methods)
Materials
No Materials required
(Required Readings)
Assignments No Assignments required
Week 16 Final Exam
Ⅶ. Course Policies
7 Principles to stick with
① No extra sign-up
② FA policy (no excuse for internship, employment, travel etc.)
③ Relative grading scheme (A 30%; B 40%; C 30%)
④ English in a class, and all the exams in English
⑤ Team Spirit (no such thing as a free ride)
⑥ No Mobile-phones and Note-books on the table
⑦ Respect for others, with open-mindedness
Ⅷ. Special Accommodations
If you have a disability which requires special accommodation, please let me know at
cskim@[Link]