International Business
Area of Emphasis

Optional areas of emphasis allow you to utilize elective online MBA classes in your second year to gain greater depth of knowledge in a desired area. Each area of emphasis requires 9 credit hours of associated elective classes.

Overview

To complete an international business area of emphasis in the W.P. Carey Online MBA degree program, you may choose from offsite international travel locations or fully online courses. If you have the desire and flexibility to pursue offsite electives at diverse locations in Asia, Europe or South America, this area of emphasis is ideal.

Since international travel electives vary in number of credit hours, our International Programs staff will work with you to determine course credit hours and ensure that your elective selections meet the 9 hours of total electives required to earn your international business area of emphasis.

Off-site electives at international locations are offered in conjunction with partner universities, giving you the opportunity to enhance your understanding of international business practices and immerse yourself in a cultural experience. Additional program fees and travel costs are required for off-site international electives. International electives may require participation in video conferencing sessions prior to the start of the international travel portion.

Electives

The W. P. Carey Online MBA degree program allows you to choose from:

International Travel Electives
Overseas electives offer the opportunity to explore business topics within the context of an international business, cultural and political environment. Courses are designed with a specific functional focus and are centered on a geographic region. New courses and locations are regularly developed. Upcoming programs in Italy, Argentina, Germany, France and Spain, India, Southeast Asia, China and Austria and Czech Republic are available in 2011.

Global Business Economics
In this course, students will explore issues related to economic growth, inflation, interest rates behavior, unemployment, exchange rate determination and global competitiveness through macroeconomic analysis. Students will evaluate a particular country’s economy to analyze the business issues and current economic challenges.

Global Marketing
This course introduces the concepts of globalization in markets and the differences between marketing in your home country and marketing globally. The rapid adoption of technology has fundamentally changed the dynamics of marketing and created new competitive paradigms whose comprehension is essential for success, making the study of emerging major economies a necessity.

International Finance
The objective of this course will be to determine how multinational companies deal with the array of risks that they face and a wide variety of financial instruments available to help manage these risks. It will include the examination of valuation methodologies needed to determine the value of any foreign investment project and the international market for debt and equity. Topics covered may include international parity conditions, corporate governance, foreign exchange exposure and related hedging strategies, global cost of capital and the complexities of budgeting for foreign projects.

Other Electives

In addition to the international business area of emphasis, we offer finance, marketing and supply chain management as areas of emphasis in the Online MBA degree program.

You can also select electives from different functional areas to develop your own personalized management curriculum. In addition to the electives that are part of this areas of emphasis, Online MBA students can also choose to take the following elective courses:

• Management of Technology and Innovation
• Project Management
• Global Business Environment