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Syllabus:

International Business Administration A IBP, 30 Credits

Swedish name: Internationell företagsekonomi A IBP

This syllabus is valid: 2021-08-23 and until further notice

Course code: 2FE212

Credit points: 30

Education level: First cycle

Main Field of Study and progress level: Business Administration: First cycle, has only upper-secondary level entry requirements

Grading scale: VG Pass with distinction, G Pass, U Fail

Responsible department: Business Administration

Revised by: Rector of Umeå School of Business and Economics, 2021-05-27

Contents

The objective of this course is to give the student an integrated basic education within the area of business administration from an international perspective. The modules are:

Module 1. International Business Environment, 7.5 credits/ Internationell  affärsmiljö 7,5 hp
Module 2. Marketing, 7.5 credits/Marknadsföring 7,5 hp
Module 3. Organization, 7.5 credits/Organisation 7,5 hp
Module 4. Management Accounting, 7.5 credits/Ekonomistyrning, 7.5 hp

The course shall, besides offering a basic understanding of business administration from an international perspective, also provide the student with an understanding of economic problems and their relations on society, company/organization and individual level. Included are also perspectives on methods practicable in companies and organizations.

Common expected learning outcome:
  • communicate central concepts for the course in English, both orally and in writing
Module 1. International Business Environment, 7.5 credits
The module introduces students to the international business environment. The module highlights how environmental factors affect business in a global economy. The module will also facilitate students' understanding of the challenges associated with working, communicating, and negotiating in a cross-cultural context. Moreover, the module will reflect upon current world affairs, both in commerce and politics in order to frame and contextualise the current challenges and problems.The module is divided into two major themes; global economy and geography in relation to international business, and cross-cultural business behaviour. During the module, students will also be introduced to the code of academic conduct, e.g. referencing, or how to avoid plagiarism and cheating.

Expected learning outcomes
After completing this module, the student should be able to:
  • define international business and describe how it differs from domestic business with respect to laws, regulations and taxation
  • identify and describe factors and forces that affect an organisation's decision to internationalize its business
  • describe and compare strategies for internationalization
  • identify and analyse challenges in working, communicating, and negotiating in a cross-cultural context
  • discuss the role of corporate social responsibility (CSR) in international business practice.
  • describe, recognize and apply the code of academic conduct to the student's own work.
Focus of instruction
The learning is supported by lectures, seminars, and assignments. The major part of the learning is the individual student's own responsibility and based on the student's engagement in the provided learning activities including own assignments, individual or in groups. Learning activities and assignments are designed to improve students' generic skills, specifically oral and written communication, presentation techniques, information searches, and teamwork.

Module examination modes
The examination is based on seminars, a written case assignment conducted in groups, and an individual written exam and an individual online test on the code of academic conduct. A passing grade is required for each part of the examination. Note as well examination modes for the course below.

Module 2. Marketing, 7.5 credits
The marketing module addresses marketing at core strategic and operational levels. This is done with the help of theoretical concepts and models as well as through the application of marketing tools. The module provides an understanding of how different parts of marketing are related to each other and how they form a whole in the marketing process. The module is based on a market-oriented approach with a focus on how companies and organizations create value together with customers and other stakeholders. The marketing concepts and models are presented and applied as well as provide an understanding of how marketing can be used practically by companies and organizations. The module also provides an understanding of marketing from a societal perspective.

Expected learning outcomes
  • explain core concepts and models in marketing
  • use concepts and models to analyze the different parts of the marketing process and its entirety
  • make informed decisions about appropriate strategies and activities within the marketing process
  • understand the importance of sustainable marketing and discuss core issues about marketing and consumer behavior from a societal perspective
Focus of instruction
The arrangement of the module provides the students with opportunities to develop the ability to meet deadlines and to apply concepts and models. During the module, the students are also given the possibility to develop the ability to communicate. In different parts of the module, the learning is supported through lectures, seminars and a case.

Module examination modes
Examination is based on an individual written exam and written individual and group assignments. A passing grade is required for each part of the examination. Note as well examination modes for the course below.

Module 3. Organization, 7.5 credits
The module aims to prepare the student for the management of people in organizations, with a particular focus on the nature and characteristicsof the organization. The module provides an understanding of what organizations are, why they exist, and how they operate. After the module, the student should have gained a vocabulary that enables communication regarding organizational issues in future workplaces and shall have developed a critical view on organizations' role in society. The first theme focuses on the nature of organizations and their functions and how the understanding thereof has developed. The second theme highlights managing and motivating people. The third theme combines a management and decision-making perspective with the existence and importance of change and learning. The fourth theme links the organization to the external environment, emphasizing the role of the organization in society and the responsibility of individuals and organizations to act in a sustainable and ethical way.
 
Expected learning outcomes
After completing this module, the student should be able to:
  • explain what an organization is and how the organization´s functions are integrated,
  • explain and discuss how, and why, the leadership and management of people is of importance to an organization,
  • describe and analyse the reasons for, and management of, change- and innovation processes,
  • explain and critically examine the role of the organization in society and the organization's responsibility to act in an ethical and sustainable way.
  • present and discuss one's own as well as others' standpoints and material.
Focus of instruction
The learning is supported by lectures, literature, and workshops where students relate and apply theories to cases. The literature seminars, furthermore, provide the students with opportunities for reflection and enhance the required ability to bring forward arguments and to take a stance. Seminars are examined through individual written assignments that are discussed in groups where students give each other constructive criticism.
 
Module examination modes
The module is examined through written individual assignments, seminars, and an written individual  hall exam. A passing grade is required for each part of the examination. Note as well examination modes for the course below.

Module 4.   Management Accounting, 7.5 credits
Initally, this module introduces participants to the link between the company`s visions, "business idea" and strategies, and the company´s planning-, control- and decision making activities; further, basic knowledge of the central concepts in management accounting will be presented.
Then, the areas of budgeting, costing and cost allocation are developed. Connections are also made to alternative management tools such as the balanced scorecard. Cost allocation and costing are discussed in regard to different methods for allocating the company´s cost and for calculating the total costs of the company´s products and services. The methods treated are for example traditional costing system and activity based costing system. Further, it is discussed how different costing methods and cost allocation can be used in the pricing process and in the process of choosing the long- and short- term product mix.

Expected learning outcomes
After completing this module, the student should be able to:
  • Explain and discuss the link between the company´s management strategy and the company's financial and non-financial goals including performance measures and sustainability aspects
  • Establish product costing based on complete or partial cost allocation
  • Explain budgeting and its process and establish master budgets for the company
  • Establish different budgets and product costing for the company with computer programs.
Focus of instruction
In the module´s different parts the learning is supported by lectures, group exercises and supervision. The students will practically apply the theoretical knowledge from the lectures when they solve costing problems with the help of costing programs.

Module examination modes
The examination is through an individual written exam and group assignments. A passing grade is required for each part of the examination. Note as well examination modes for the course below.

Expected learning outcomes

The information is added to each separate module under contents.

Required Knowledge

Proficiency in English equivalent to Swedish upper Secondary course English B, Mathematics course C, Social Science course A. Or: English/6, Mathematics 3b / 3c, Social Science 1b / 1a1+1a2

Proficiency in English equivalent to Swedish upper secondary course English B, English/6.

Form of instruction

The information is added to each separate module under contents.

Examination modes

See each separate module and below.
 
The following grading system is used:
Pass with distinction (Väl godkänd, VG, 75% or more),
Pass (Godkänd, G, 50% or more)
and Fail (Underkänd U, less than 50%).
 
Grades on the course are awarded when the student has passed all examinations and compulsory course elements. The course is given and examined in English.

To receive the grade Pass with distinction (VG) in the 30 credits course consisting of four modules of the same size, the student must have achieved Pass with distinction (VG) in at least three out of four modules. In shorter courses for example 7,5 credit courses, 15 credit courses or 22,5 credits courses Pass with distinction (VG) is given when the student has achieved at least 75% of the total weighted points.
 
A student who does not pass at the time of the written examination will be offered an opportunity to sit a further examination within two months. Beyond that, additional examination opportunities normally arise every academic year, one week prior to the start of the autumn term. If required by specific circumstances, the Director of Studies may decide on other forms of examination

In case of failure on seminar participation or individual and group assignments, compensating assignments must be completed in accordance with instructions given, no later than two weeks after the completion of the module. Mandatory assignments (seminars, written assignments, cases, computer assignments etc.) that have not been handed in within stipulated time must be done the next time the course is offered. If the form of examination does not permit repetition other forms of re-examination may be used.
 
When a student has failed an examination on two occasions, he or she has a right to have another grading teacher. A written request for an alternative examiner should be handed to the director of studies no later than two weeks before the next examination opportunity.
 
Exceptions from examination form as stated in the syllabus can be made for a student who has a decision on pedagogical support for disabilities. Individual adaptations of the examination form should be considered based on the student's needs. The examination form shall be adapted within the framework of the expected learning outcomes stated in the course syllabus. At the request of the student, the course responsible teacher, in consultation with the examiner, must promptly decide on the adapted examination form. The decision must then be notified to the student.

A student who has passed an examination can not redo the examination to get a higher grade.
If a student fails to present a photo ID at the occasion of a written exam in an exam room will not be allowed to take the exam.
 
Disciplinary action may be taken against students who uses unauthorized help aids or in some other way tries to mislead on a test or when another type of task is being evaluated. Rules and regulations concerning the production of academic texts and correct referencing will be applicable to all written assignments. See instructions in the thesis manual, Thesis Writing in Business Administration. Urkund records may be used for control. In addtion, Umeå University rules and regulations  for education and research applies.
 
Educational activities are designed to facilitate students towards achieving expected learning outcomes and can explain, supplement and provide contrast to the course literature and other relevant course materials.

Other regulations

Academic credit transfers are according to the University credit transfer regulations.

This course code can not be used in the same degree as  2fe211+2FE213+2FE214+2FE027+2fe029+2FE158+(1KO002)+2fe225+2fe224+2fe182

Literature

Valid from: 2021 week 34

Module 1

Literature

International business : the new realities
Cavusgil S. Tamer, Knight Gary A., Riesenberger John R.
Fifth edition, global edition. : Harlow : Pearson : [2020] : 569 sivua :
ISBN: 9781292303246
Mandatory
Search Album, the University Library catalogue

Other

Umeå School of Business, Economics and Statistics USBE (latest edition). Guide of ethical and professional behaviour . Umeå: Umeå University. Available in Cambro.

Scientific articles (2-4) will be added at the start of the module, approximately 80 pages in total. Case material may be added. Students are encouraged to independently search for and complement the literature with additional material such as scientific articles and news articles.

Module 2

PARMENT ANDERS. KOTLER
PRINCIPLES OF MARKETING SCANDINAVIAN EDITION : scandinavian edition.
[S.l.] : PEARSON EDUCATION LIMITED : 2020 :
ISBN: 1292354992
Mandatory
Search Album, the University Library catalogue
Reading instructions: ISBN 9781292354996

International scientific articles will be used in the examination of the module. The list of articles (between 3 and 5, approximately 40-70 pages) will be available at least one month prior to the start of the course. Case material will be added according to the teacher's instructions. Students will in addition to the above book and article selection, search and find journal articles, newspaper articles, etc., for use in papers and seminars.

Module 3

Combe Colin
Introduction to management
Oxford : Oxford University Press : [2014] : xxvii, 624 pages :
ISBN: 9780199642991
Mandatory
Search Album, the University Library catalogue

Further readings will be added at the start of the module, approximately 50 pages in total.

Module 4

Introduction to managerial accounting
Brewer Peter C., Garrison Ray H., Noreen Eric W.
9. edition : New York, NY : McGraw-Hill Education : [2021] : s. cm :
ISBN: 9781260814439
Mandatory
Search Album, the University Library catalogue

Additional material according to the teacher's instructions.

Course reference literature

Umeå School of Business, Economics and Statistics USBE. Thesis writing in Business Administration. Thesis manual. (latest edition)
USBE Business Administration :
https://www.umu.se/en/student/usbe/thesis-and-degree-project-work/