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BUS835Management Sciences2 Unitsintermediate

International Business Management

This course introduces students to the field of international business management. It explores international trade, services, and factors influencing international business, such as socio-cultural, political, and legal forces. The course also covers international accounting systems, the importance of research, and trends in international services. Students will gain insights into international and local organizations that support international business and learn about recruiting workers for international ventures.

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208h
Study Time
13
Weeks
16h
Per Week
basic
Math Level
Course Keywords
International BusinessTradeGlobalizationMarketingEnvironment

Course Overview

Everything you need to know about this course

Course Difficulty

Intermediate Level
Builds on foundational knowledge
65%
intermediate
➕
Math Level
Basic Math
📖
Learning Type
Theoretical Focus

Course Topics

Key areas covered in this course

1

International Trade Theories

2

Financial Influence

3

International Business Environment

4

International Marketing

5

Export and Import Practices

6

Human Resources Management

Total Topics6 topics

Ready to Start

No specific requirements needed

This course is designed to be accessible to all students. You can start immediately without any prior knowledge or specific preparation.

Assessment Methods

How your progress will be evaluated (3 methods)

assignments

Comprehensive evaluation of course material understanding

Written Assessment

tutor-marked assessments

Comprehensive evaluation of course material understanding

Written Assessment

final examination

Comprehensive evaluation of course material understanding

Written Assessment

Career Opportunities

Explore the career paths this course opens up for you

International Marketing Manager

Apply your skills in this growing field

Global Business Consultant

Apply your skills in this growing field

Export/Import Specialist

Apply your skills in this growing field

International Finance Analyst

Apply your skills in this growing field

Multinational Corporation Manager

Apply your skills in this growing field

Industry Applications

Real-world sectors where you can apply your knowledge

ManufacturingFinanceConsultingTradeLogistics

Study Schedule Beta

A structured 13-week journey through the course content

Week
1

Module 1:

4h

Unit 1: Introduction to International Business Management

2 study hours
  • •Read Unit 1: Understand the nature of international business and its key components.
  • •Review the history of international business and its evolution.
  • •Complete Self-Assessment Exercise 1 to test your understanding of the unit's concepts.

Unit 2: International Trade

2 study hours
  • •Read Unit 2: Explore the different theories of international trade.
  • •Analyze the impact of mercantilism, absolute advantage, and comparative advantage on trade policies.
  • •Complete Self-Assessment Exercise 2 to reinforce your understanding of trade theories.
Week
2

Module 1:

4h

Unit 3: Why and How? International Business Management

2 study hours
  • •Read Unit 3: Examine the reasons why firms engage in international business.
  • •Discuss the various methods of entering international markets, such as exporting and foreign manufacturing.
  • •Complete Self-Assessment Exercise 1 to assess your understanding of the motivations for international business.

Unit 4: Financial Influence on International Business Management

2 study hours
  • •Read Unit 4: Analyze the financial forces that affect international business, including currency fluctuations and exchange controls.
  • •Discuss the impact of tariffs, taxation, and balance of payments on international business activities.
  • •Complete Self-Assessment Exercise 2 to test your knowledge of financial influences.
Week
3

Module 1:

4h

Unit 5: International Business Environment (I)

4 study hours
  • •Read Unit 5: Explore the economic, socio-cultural, political, and legal forces that shape the international business environment.
  • •Analyze the impact of these forces on business operations and decision-making.
  • •Complete Self-Assessment Exercise 1 to reinforce your understanding of the international business environment.
Week
4

Module 2:

4h

Unit 1: International Business Environment (II)

4 study hours
  • •Read Unit 1: Continue exploring the international business environment, focusing on legal, labor, and competitive forces.
  • •Analyze the impact of these forces on business operations and decision-making.
  • •Complete Self-Assessment Exercise 1 to reinforce your understanding of the international business environment.
Week
5

Module 2:

4h

Unit 2: International Organisation and International Business Management

4 study hours
  • •Read Unit 2: Discuss the role of international organizations such as the UN, World Bank, and IMF in facilitating international business.
  • •Analyze the impact of these organizations on trade, finance, and development.
  • •Complete Self-Assessment Exercise 1 to test your knowledge of international organizations.
Week
6

Module 2:

4h

Unit 3: International Business Research

4 study hours
  • •Read Unit 3: Explore the process of conducting international business research.
  • •Analyze the differences between international and domestic research and the challenges involved.
  • •Complete Self-Assessment Exercise 1 to reinforce your understanding of international business research.
Week
7

Module 2:

4h

Unit 4: International Marketing

4 study hours
  • •Read Unit 4: Discuss the strategies and policies involved in international marketing.
  • •Analyze the factors that influence target market selection, product adaptation, and promotional policies.
  • •Complete Self-Assessment Exercise 1 to test your knowledge of international marketing.
Week
8

Module 2:

4h

Unit 5: Export and Import Practices (American Example)

4 study hours
  • •Read Unit 5: Explore the practices and procedures involved in exporting and importing.
  • •Analyze the factors that influence export decisions, payment terms, and documentation requirements.
  • •Complete Self-Assessment Exercise 1 to reinforce your understanding of export and import practices.
Week
9

Module 3:

4h

Unit 1: Human Resources Management and International Business Management

4 study hours
  • •Read Unit 1: Discuss the challenges and strategies involved in managing human resources in international business.
  • •Analyze the cultural and regional differences in labor conditions and staffing practices.
  • •Complete Self-Assessment Exercise 1 to test your knowledge of international human resources management.
Week
10

Module 3:

4h

Unit 2: International Accounting and Taxation

4 study hours
  • •Read Unit 2: Explore the complexities of international accounting and taxation.
  • •Analyze the differences in accounting practices across countries and the impact on firms.
  • •Complete Self-Assessment Exercise 1 to reinforce your understanding of international accounting and taxation.
Week
11

Module 3:

4h

Unit 3: International Services

4 study hours
  • •Read Unit 3: Discuss the unique characteristics and challenges of international services.
  • •Analyze the role of services in the global economy and the factors that influence their trade.
  • •Complete Self-Assessment Exercise 1 to test your knowledge of international services.
Week
12

Module 3:

4h

Unit 4: Product Policy Decision in an International Business Management

4 study hours
  • •Read Unit 4: Explore the decisions involved in product policy for international markets.
  • •Analyze the factors that influence product modification, standardization, branding, and packaging.
  • •Complete Self-Assessment Exercise 1 to reinforce your understanding of product policy decisions.
Week
13

Module 3:

4h

Unit 5: Nigerian Organisations and International Business Management

4 study hours
  • •Read Unit 5: Discuss the role of Nigerian organizations in regulating and promoting international business.
  • •Analyze the functions of NIPC, NEPC, NEXIM, and CBN in facilitating trade and investment.
  • •Complete Self-Assessment Exercise 1 to test your knowledge of Nigerian organizations and international business.

This study schedule is in beta and may not be accurate. Please use it as a guide and consult the course outline for the most accurate information.

Course PDF Material

Read the complete course material as provided by NOUN.

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Study Tips & Exam Preparation

Expert tips to help you succeed in this course

1

Create concept maps linking Units 3-5 financial concepts

2

Practice analyzing case studies from Units 7-9 weekly

3

Review all self-assessment exercises

4

Focus on key concepts

5

Review all TMAs

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