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FULL-TIME UNDERGRADUATE CALENDAR 2006-2007
HOME COURSES International Business

International Business
IBS 522 International Marketing
Basic marketing principles are applied to world markets. Emphasis in the course is given to the analysis of economic, political, cultural and social factors. This course also covers conditions relevant to the implementation of marketing strategies in world markets. (formerly MKT 522).
Lect: 3 hrs.
Prerequisite: MKT 100 or or HTM 302 or Direct Entry
Course Weight: 1.00
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IBS 600 International Business Strategy
Using an integrated web-based international business simulation as its foundation, the course will equip the individual to manage effectively in the current global business environment. Students will be required to assess risk, apply cross-cultural and creative leadership, as well as consolidate and use concepts and skills learned in previously defined functional areas of their business studies. The course will provide an opportunity for "hands-on" managerial experience involving issues in operations management, managerial control, finance, human resources, marketing strategy and legal issues.
Lect: 3 hrs.
Prerequisite: FIN 401 or Direct Entry
Course Weight: 1.00
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IBS 601 Introduction to International Economics
This is a one semester course introducing students to the theory of international economics and its applications to business. The course examines why nations trade and why at the same time many countries try to limit trade by introducing trade barriers. It looks at the role of the WTO and Canadian trade policy. The course also introduces the theory of exchange rates and looks at issues surrounding international policy coordination.
Lect: 3 hrs.
Prerequisites: (ECN 104 and ECN 204) or Direct Entry, Antirequisites: ECN 607 and ECN 707
Course Weight: 1.00
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IBS 621 International Finance
This course will extend the corporate finance material of FIN 401 and the investment-related topics of FIN 501 to the international setting. The overriding theme will be the exposure of multinational corporations and investors to the risk of varying exchange rates. Topics include: international financial markets (i.e., euro currency, bond and equity markets), various parity relationships, forecasting exchange rates, managing exposure to changing exchange rates, multinational capital budgeting and multi-national cost of capital. (formerly FIN 621).
Lect: 3 hrs.
Prerequisite: FIN 501 or Direct Entry, Antirequisite: FIN 621
Course Weight: 1.00
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IBS 723 International Trade
An analysis of the important business function of international trade. After a review of the importance of exports for Canada's income and employment needs, students focus attention from an export manager's perspective, on such topics as export organization, research, and pricing, export documentation and correspondence; export marketing strategies; government and private export assistance; export finance; marine insurance and export shipping. This course also includes an examination of international databases and involves direct company field research. Students who have taken MKT 522 or IBS 522 should have a stronger foundation for applying this course. This course is intended as a fourth year course. (formerly MGT 723).
Lect: 3 hrs.
Prerequisite: MGT 401 or MGT 100 or Direct Entry, Antirequisite: MGT 723
Course Weight: 1.00
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IBS 724 Management of International Enterprise
An analysis of the management policies of the multinational business corporation in Canada and the world. Topics covered: the evolution of the multinational corporation, its organization, structure, planning and goals. Also covered are business strategies including marketing, production, logistics, technology, personnel and labour relations, finance, investment and acquisition, and ownership, concerns of host countries including Canada, and policies for host governments. Lectures, discussion, and case problems. (formerly MGT 724).
Lect: 3 hrs.
Prerequisite: MGT 401 or MGT 100 or Direct Entry, Antirequisite: MGT 724
Course Weight: 1.00
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IBS 800 Legal Aspects of International Business
This course will acquaint the businessperson with the legal aspects of doing business in a global environment. It will include legal considerations relevant to entrepreneurs engaged in import or export and to companies seeking greater presence in foreign countries as well as legal principles applicable to multinational corporations. Topics covered will include: bilateral and multilateral trade agreements including the GATT, the EC and the Canada-U.S. Free Trade Agreement; legal aspects of the international sale of goods; legal aspects of financing international sales of goods; forms of business organization abroad; licensing and franchising; international protection of intellectual property; comparative anti-trust legislation; conflict of laws and international settlement of disputes. Students choosing IBS 800 should be in their graduating year. (formerly LAW 724).
Lect: 3 hrs.
Prerequisite: LAW 122 or Direct Entry, Antirequisite: LAW 724
Course Weight: 1.00
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