International Business Syllabus - MBA (PU)

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Course Description

Course Objective

This course aims to aware students’ about international trading system and investment pattern. It is designed to give students information on international business and current trend of business taking place worldwide in general and particularly in South Asia and Nepal.

Course Description

The course deals with the theoretical perspectives and changing paradigms of international business. The topics covered are: country-market differences, socio-cultural, economic, political and competitive environment of international business, trade and investment patterns, the international business environment, issues in business-government relations, and strategies for international business. Theoretical issues such as globalization, regional economic integration, modes of entry into a foreign market will be discussed and analyzed. Based upon theories of firms and organizations, the operations of MNCs and problems inherent will also be discussed.

Learning Outcomes

Upon completion of this course, students should be able to:

  • Understand the basic knowledge of International Business
  • Understand the determinants(factors) of international business
  • Understand the role of international agencies (e.g. WTO) in promotion of international business/trade.
  • Describe the paradigm shifts in trading system and investment pattern.
  • Analyze and summarize key issues and themes from existing literature on globalization and International Business.
  • Formulate clearly defined theoretical framework and cases related with the export, import and investment.
  • Analyze how LDCs like Nepal can be benefited from globalization and international trading opportunities.

Learning Activities and Procedures

The instructors decide on the teaching methods for this course, which may include lectures, exercises, and supervised reading. The learning activities will be centered on the following activities:

  • Class lectures and discussion centered on specific study matter. Students are expected to be prepared for class with assigned work done in advance of class. Classes are largely based on sharing ideas.
  • Review of articles and similar submissions involving research work will be assigned. Although overviews of key points and issues are provided, you have to comprehend the materials in detail, raise questions and ideas, and create a “lively” class.
  • Examinations (mid-term and final) will be given during the trimester. These tests purport to examine students’ knowledge and understanding on concepts learnt in the lectures. You will be evaluated through a 4-hour final examination.

Unit Contents

Course Outline

The classes will be organized into the following sections and sub-sections:

SN

Chapters

Text & Supplementary Readings

Lecture Hours

1.

Introduction and Overview

 

3

 

 

·        International Business: What, why and how?

·        Globalization

o     Emergence, Drivers and Process of Globalization

o     Regional Economic Integration

o     Benefits and Cost (opportunities and Challenges) of Globalization

 

Daniels, part. 1, chapter 1. Globalization and international business

 

 

2.

Determinants of International Business Environment

 

3

 

·        Economic environment

·        Political economy and legal system

·        Culture, Languages, Ethics, Geography and other factors

 

Hill and Jain part 2, The Global trade and investment Environment

 

3.

Institutions affecting International Business/Globalization

 

3

 

·        The Troika (World Bank: International Finance; IMF: International Monetary System and; WTO: International Trade

·        World Trade Organization (WTO)

o     Major provisions and agreements (GATT, GATS and TRIPS)

o     Role in international trade/business promotion

o     WTO and Nepal

 

Daniels, Part 3. 8,   Cross national cooperation and agreements

Hill and Jain, Part 3, Chapte6r, The political economy of international trade.

 

4

International Trade and Investment: Concept, Theories and Policies

 

3

 

·        International Trade Theory

·        Foreign Direct Investment (FDI)

·        Multinational Companies (Introduction, market selection, operation strategies and critics)

·        Nepalese Trade and Investment Policies

 

Hills &Jain, part 3, chapter 5, international theory.chapter 7, Foreign Direct Investment.

 

5

International Financial/Monetary System

 

 

3

 

·        Global Monetary System

·        Foreign Exchange Market

·        Determination of Exchange Rates

 

Kotler, Ch. 10, Creating Brand Equity

 

 

6

Strategies for International Business Promotion

 

3

 

 

·        National policies to promote trade/business and investment

·        Market entry and promotion policies/strategies of companies (MNCs)       

 

Hills &Jain, Part 4, Chapter 10,11, Foreign Exchange Market and International Monetary system.

 

7

Globalization and Nepalese Business

 

3

 

 

·        Nepal in WTO: Opportunities and Challenges for Nepalese Business

·        Regional Trading Blocks (SAFTA and BIMST EC) and Nepalese Business

·        Bi-lateral Trade and Investment Agreements of Nepal and their implications for Nepalese Business.

 

Hills & Jain, Part 3 Chapter 9, Regional Economic Integration.

 

 

 

Total Credit Hours

 

21

Text and Reference Books

Texts:

Hill Charles WL & Jain Arun K.; International Business: Competing in the Global Marketplace. 6th edition. New Delhi: TATA McGraw-Hill.

Daniels, J., Radebaugh, L.,& Sullivan, D. ; International Business: Environment and Operations, 11th edition. Prentice Hall

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  • Short Name N/A
  • Course code MGT 545
  • Semester Fourth Trimester
  • Full Marks 100
  • Pass Marks 60
  • Credit 2 hrs
  • Elective/Compulsary Compulsary