Explore the basic concepts of international business. Learn about the IB environment, foreign direct investment, global governance, and home and host countries' influence on stakeholders at home and abroad. Become familiar with the increasingly multifaceted and interdependent nature of IB.
Specific topics include:

• conceptualisation of IB and MNE;
• IB environment, global and regional integration processes;
• strategies and methods of foreign market entry;
• role of distance, influence of home and host countries on IB;
• new typologies of international and emerging market firms.

Explore core topics in IB and corporate governance further. In their strategic choices, firms must consider cultural, institutional and regulatory factors. Some of the questions you will research and discuss are: what are the main contextual factors that influence strategic choices? How do nations differ in terms of their (in)formal institutions and national business systems? What are the IB cross-country cultural models? How is corporate governance practiced in different countries?

Although MNEs like Toyota, IBM and Nestlé are extremely successful in their international operations, foreign ventures often flop, like Wal-Mart in Germany. In this course, you examine the challenges that managers face in identifying strategies and tools to help their companies be successful abroad. Examples of questions you will address include: why do firms become multinational? How do they select host countries? What strategies can they follow to manage foreign operations?

This course brings you a thorough analysis of the modern theory concerning international trade and movements towards regional trade integration. You will receive a quick refresher of the major classical and neoclassical trade theories, insights on trade policy and a survey of the present state of the world economy.

In this course you will study advanced topics in international financial and monetary relations. Such as:

• modern exchange rate theories including target zone models and speculative attack models;
• recent currency crises and ways to prevent them;
• exchange rate policies;
• international capital mobility, capital flight, management of and capital controls;
• the international spill-overs of unconventional monetary policy and the induced portfolio rebalancing.

In this course you will develop an understanding of the global taxation practices and strategies of multinational enterprises. The course will address the policy and management implications of taxation policies at the national and supranational level.