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Syllabus:

International Business Administration A IBP, 30 Credits

Swedish name: Internationell företagsekonomi A IBP

This syllabus is valid: 2015-08-17 valid to 2015-08-23 (newer version of the syllabus exists)

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: Three-grade scale

Responsible department: Business Administration

Established by: Rector of Umeå School of Business and Economics, 2014-10-30

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 ECTS/ Internationell  affärsmiljö 7,5 hp
Module 2. Marketing, 7.5 ECTS/Marknadsföring 7,5 hp
Module 3. Organization, 7.5 ECTS/Organisation 7,5 hp
Module 4. Management Accounting, 7.5 ECTS/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.

The course supports the students written and spoken English through lectures, written feedback on the English language on of the assignments, and oral feedback on the student’s spoken English.

Module 1. International Business Environment, 7.5 ECTS
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. 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 exam 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 ECTS
The module aims to developing the student’s competencies and skills in identifying and analysing the organization's opportunities and problems from a marketing perspective. This is done both from a theoretical perspective based on marketing concepts, and partly through the application of marketing tools. The module has its starting point in the organization's external environment and how from this will it is possible to offer value to the customers. From strategic marketing decisions the marketer will then choose between various marketing tools in order to properly communicate with the potential customers.

The module is divided into four themes:
Market intelligence: Organizations’ market environment, consumer behaviour and analytical tools such as market researches.
Strategic marketing decisions: Decisions on segmentation, differentiation and positioning.
Tools for value creating processes: Approaches used to create together with the customer and attract and reach selected segments through the marketing mix and the tools for integrated marketing communication.
Marketing from different perspectives: Marketing is discussed with regard to ethics, accountability, sustainability, gender, and laws and regulations. This is achieved by approaching marketing from the perspectives of the organizations, the consumers and society at large.

Expected learning outcomes
After completing the module the student should be able to:

  • describe what a market intelligence includes and illustrate how factors in the organizations' market environment can influence marketing decisions
  • explain and give examples overall strategic concepts in marketing
  • identify, analyse and select appropriate strategies based on market intelligence and organizations' internal conditions
  • explain and analyse the various tools in the marketing mix
  • describe different communication channels’ advantages and disadvantages and relate them to the choice of strategies and choices within the marketing mix
  • critically discuss marketing from different perspectives

Generic competencies
The arrangement of the module provides opportunities for, and requires, the development of the ability to:plan your own work and meet deadlines
relate theoretical knowledge with practical examples
communicate both orally and in writing

Focus of instruction
The module’s four themes are explored through lectures, seminars and a case analysis that is used throughout the module. In order to increase understanding of these themes, and how they are related to each other, the students are given the possibility through case studies to analyse prospective and actual marketing problems. Case work is done in groups.

Module examination modes
Examination is based on an individual written exam and written group assignments that also include oral presentations in seminar groups. Together with the group assignments are also seminars that are examined individually. 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 ECTS
The module aims to prepare the student for the management of people in organizations, with a particular focus on the nature and conditions of the organization. The module provides an understanding of what organizations are, why they exist, and how they operate. After the module, the student shall 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 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 to act in an ethical and sustainable way.Generic competencies

The module also develops the required ability to:work in groups, as well as independently, within specified time frames towards a specific goal, present and discuss one’s own as well as others’ standpoints and material. 

Focus of instruction
The learning is supported by a term paper where students work in groups to relate and apply theories to an example organization. The group work is assessed through written submissions that are discussed in the student group and through a final written submission. The group work is supported by lectures, course literature, and in-depth workshops where the students provide constructive critical feedback to one another. The literature seminars furthermore provide the students with opportunities for reflection and enhance the required ability to bring forward arguments and take a stance. The literature seminars are examined individually.

Module examination modes
The term paper is examined group wise through the final submission of the term paper. In addition, students are assessed individually by their active participation in the workshops connected to the group assignment. The module is also examined through individuals’ active participation in literature seminars and a written 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 ECTS
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 the central concept in management accounting
  • Explain the link between the company´s vision, “business idea” and strategies
  • Accomplish product costing based on complete or partial cost allocation
  • Accomplish different budgets for the company
  • Use costing programs for product costing

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 a written exam and mandatory 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 infomration 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 infomration is added to each separate module under contents.

Examination modes

Information is located above under each separate module.

The following grading system will be used:
Pass with distinction (Väl godkänd, VG, 75% or more),
Pass (Godkänd, G, 50% or more)
Fail (Underkänd, U, less than 50%).

Grades on the course are awarded when the student has passed all examinations and compulsory course elements.
 
To receive the grade Pass with distinction (VG) in the 30 ECTS 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 other 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 a month. Beyond that, additional examination opportunities normally arise every academic year, one week prior to the start of the autumn term.
 
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. 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.

If a student fails to present a photo ID at the occasion of a written examination cannot have his or her results registered.

A student who has passed an examination can not redo the examination to get a higher grade.

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.

The lectures 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.

Literature

Valid from: 2015 week 34

International business : the new realities
Cavusgil S. Tamer, Knight Gary A., Riesenberger John R.
3rd global ed. : Boston : Pearson : 2013 : 624 p. :
ISBN: 9780273787068
Mandatory
Search the University Library catalogue

Umeå School of Business and Economics (latest edition). Thesis writing in Business Administration. Thesis manual. Umeå: Umeå University. Retrieved from: http://www.usbe.umu.se/english/dept/fek/for-our-students/theses/thesis-manual/ Umeå School of Business and Economics (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.

Foundations of marketing
Fahy John, Jobber David
4. ed. : London : McGraw-Hill Higher Education : 2012 : s. :
ISBN: 978-0-07-713701-4 (pbk.)
Mandatory
Search the University Library catalogue

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.

Organization theory : a practice-based approach
Eriksson-Zetterquist Ulla, Müllern Tomas, Styhre Alexander
Oxford : Oxford University Press : cop. 2011 : 305 s. :
ISBN: 0199569304 (hft.)
Mandatory
Search the University Library catalogue

Porter, M.E., and Kramer, M.R. (2006). Strategy and society: The link between competitive advantage and corporate social responsibility. Harvard Business Review, 84 (12), 78-92. Further readings will be added at the start of the module, approximately 50 pages in total

Introduction to managerial accounting
Brewer Peter C., Garrison Ray H., Noreen Eric W.
6th ed., global ed. : New York : McGraw-Hill/Irwin : c2013 : xxxi, 635 p. :
ISBN: 9781259008184
Mandatory
Search the University Library catalogue

Umeå School of Business and Economics (latest edition)
Thesis writing in Business Administration. Thesis manual.
Företagsekonomi :
Mandatory