International Business Strategy (MSc)

Uitgebreide vaknaam	International Business Strategy (MSc)
Leerdoelen	Upon completion of the course the student is able to: 1. Understand how to formulate a good international business strategy. 2. Understand a variety of theories in the field of business strategy. 3. Apply theories to analyze strategic issues relating to leadership, structure, and context in the field of IBS. 4. Analyze and conduct financial planning and investment selection on international business strategy propositions. 5. Assemble data, analyze strategies, make a financial model and produce a shareholder report for a specific international business case.
Omschrijving	The International Business Strategy (IBS) course is dedicated to offering in-depth knowledge about how to formulate an effective strategy from both the strategic management perspective and the financial management perspective. From the strategic management perspective, this course discusses issues relating to corporate strategic goals and how to solve strategic issues (leadership, structure, and context) to achieve those goals. From the corporate financial management perspective, this course discusses financial feasibility of foreign investment through a cost-benefit analysis and how to deploy financial tools to ensure foreign investment. Virtually all students in the FEB programs continue a non-academic career in business or public management. Understanding the causes and consequences of successful IBS, therefore, is of the utmost importance for FEB students. Questions about IBS are relevant for almost all companies in which FEB students will work. The course is also relevant for students that have an ambition to work in the public sector such as a Ministry of Economic Affairs, a healthcare institute or international organizations such as the World Bank or the EU. These organizations also are confronted with IBS challenges next to and on top of being part of the context in which for-profit firms design and implement IBS. Students that enter the course accept the conditions of the program and the advanced level of the IBS subjects. Students need to prepare a great number of journal articles each week in order to constructively contribute to tutorial discussions and presentations. Additionally, the course requires students to analyze financial data and relate that data to a foreign investment project and complete a written exam with essay questions. Not meeting any of the standards of the course will have implications for the grade. The course requires students to develop, use, and appreciate (advanced) interdisciplinary theoretical models and (advanced) multi-method perspectives in combination with best-practice managerial cases that characterize modern IBS.
Uren per week
Onderwijsvorm	-hoorcollege ,  -werkcollege (Students discuss all exam literature during the tutorials. Students receive feedback on the group assignment next to and on top of instructions and lectures on IB literature review.)
Toetsvorm	-actieve deelname,  -groepsopdracht,  -schriftelijk tentamen (open vragen)
Vaksoort	master
Coördinator	L. Ge
Docent(en)	L. Ge ,dr. W. Westerman
Verplichte literatuur	Titel Auteur ISBN Prijs T.b.a. on the Nestor site. Approximately 2 journal articles per week. Various
Entreevoorwaarden	Admittance to the MSc IB&M, IE&B or IFM
Opmerkingen	Secretariat GEM: gem.feb@rug.nl, +31(0)50 363 3458, 5411.0536
Opgenomen in	Opleiding Jaar Periode Type Courses Exchange (MSc)  ( Courses Exchange Students (MSc) without limited access) 1 semester II a keuze Courses Exchange (MSc)  ( Courses Exchange Students (MSc) without limited access) 1 semester I a keuze DD MSc IB&M – NUBS, Newcastle (1,5-jarig)  (basisprogramma (start Newcastle)) 1 semester II a verplicht DD MSc IB&M – NUBS, Newcastle (1,5-jarig)  (basisprogramma (start Groningen)) 1 semester I a verplicht MSc Economic Development & Globalization / ED&G  (keuzevak(ken) B MSc ED&G) 1 semester I a keuze MSc Economic Development & Globalization / ED&G  (keuzevak(ken) B MSc ED&G) 1 semester II a keuze MSc International Business & Management/IB&M  (basisprogramma MSc IB&M) 1 semester I a verplicht Wordt meerdere malen per jaar aangeboden 1 semester II a keuze