The MBA expertise track in International Business analyses the main elements of business operations that are exposed to the forces of globalisation, both in developed and emerging markets. The expertise track offers courses on
- Globalisation and Economic Development
- International Business Studies
- International Strategic Alliances
- International Marketing & Service Management.
Upon completion, you will have developed the analytical and practical skills needed to function as a manager in globalised business processes and to formulate and implement appropriate strategies.
Globalisation and Economic Development
The MBA Globalisation and Economic Development (GED) course focuses on issues of economic development, in an era of increased economic, political and cultural linkages between countries. The emphasis however will be on economic aspects. Much of the contents of the course draw on the classic theories and contemporary models and their link to international competitiveness. The course will also zoom in on the concept of industry building, and on how governments do (or can, or should) intervene in that process.
International Business Studies
The course addresses the legal, political and economic environments associated with International Business and how we do business in foreign markets. It mainly includes issues related to international trade and investment, regional economic integration, barriers to trade, foreign direct investment and other managerial challenges to international trade. The course also discusses the monetary dimension of international trade and we will spend some time on discussing the determination and the impact of exchange rates on international trade, as well as the institutional setting of monetary relations.
International Strategic Alliances
Alliances are being increasingly embraced as they provide a route towards long term survival and growth and remaining ahead of the competition by gaining advantages by way of costs & risks sharing, pooling resources, leveraging mutual strengths, learning and being innovative. In this course, you will learn how to create and manage a variety of strategic alliances, both domestic and international, including joint ventures and licensing agreements. Alliances in different forms are defining new structures and models within and across industries and even amongst competition. Collaborations, Cooperation and ‘Coopetition’ are acquiring stronger considerations in the global business scenario today.
International Marketing & Service Management
The growing world economy is increasingly dominated by Services, with more than 2/3 of global GDP contributed by services and the sector becoming the biggest employer in majority of world economies. Services also account for growing trade basket of many nations. The course makes an endeavor to strengthen the rigor of the participants in the specific domain of services, while drawing its strengths from previous foundation courses, especially marketing, strategy and operations. The course stimulates students towards the theory and practice of services’ marketing and customer expectations, and builds capabilities to ‘take a call’ on various aspects of services management.