INTERNATIONAL ISLAMIC UNIVERSITY MALAYSIA

COURSE OUTLINE
Kulliyyah / Institute Department / Centre Programme Name of Course / Mode Course Code Name (s) of Academic staff / Instructor(s) Kulliyyah of Economics and Management Sciences Department of Business Administration Bachelor of Business Administration Bachelor of Accounting International Business MGT 4810 Dr Azura Omar (azura_omar@iium.edu.my) Dr Rodrigue Ancelot Harvey Fontaine (ridhwan_fontaine@iium.edu.my) Dr Norizah Supar (norizahs@iium.edu.my) Yusof Ismail

Rationale for the The course exposes students to the issue of globalization and its impact on inclusion of the course / the businesses locally and internationally. module in the programme Semester and Year Offered Status Level Proposed Start Date Batch of Student to be Affected Every semester Elective Undergraduate Ongoing, offered every semester Intake of 2007/2008 onwards Face to Face Consultation Practical Lecture Others 87.5 Total Guided and Independent Learning

Total Student Learning Time (SLT)

42

129.5

Credit Value (hours) Pre-requisites (if any) Co-requisites (if any)

3 Financial Management II (FIN 3011) Principles & Practice of Management (MGT 2010) Marketing Principles (MKTG 3010) None This course expects to provide students with the: 1 To create an awareness among students on the importance of International Business (IB) in creating and offering new markets for companies products/services across national borders which is vital to the growth and survival of a country, and its citizens; To familiarize students on the relationships and differences between domestic business and IB, and how one supplements and complements the other; To expose the students to the major players (countries, companies, organizations, and individuals) in IB are and their impact on the students employment career, and business ventures; To strengthen students knowledge in Islamic management principles and practices (vies a vies international Business), in pursuance with IIUMs Mission (IIICE TRIPLE ICE), i.e. Integration, Islamization, Internationalization and Comprehensive Excellence.

Course Objectives

At the end of the course, students should be able to: 1 Define the importance of international business and the impact of international business on the Malaysian economy. Classify the trade theories and the arguments that international trade improves the welfare of all countries. Comprehend how countries measure the balance of trade, monetary exchange rates, currency quotations, and trades. Classify the political ramification and risks of doing business outside of ones home country. Distinguished the effect of culture on the practice of business, the opportunities and threats presented by national economies at varying stages of development. Classify the modes of international business entry, the multinational 2

3 Learning Outcomes 4

enterprises, and international aspects of marketing, logistics, accounting, taxation, human resource management, and coordination and control.

Transferable skills

Description Ability of undertake research, comprehend and evaluate information and concepts and solve simulated problem based on the case given Ability to give an oral report on projects and case study Methodically written account of project and case study Ability to work and function as a group to solve given problem or task

Mode of Assessment Group case study

Analytical Skills

Transferable Skills: Presentation Skills Writing skills

Project presentation & Group case study Project paper

Teamwork skills

Projects and group case study

Type of Assessment Lectures Presentations Teaching-Learning / assessment strategy

Description Lectures are conducted every class time Oral reports on projects and case study Students make detailed analysis of some specific, usually compelling, event or series of related events so that learners will better understand its nature and what might be done about it. A variety of assignments done in group to develop teamwork skills

Cases

Project

Course Synopsis Mode of Delivery

Introduces conceptual and operational problems of participating in international business. Coverage includes a study of managerial, marketing, financial, accounting, legal, economic and cultural environments in foreign markets for the conduct of world business. Lectures, case and topical discussions

LO 1,2,3,4 1,2,3,4,5 Assessment Methods and Type/Course Assessement State weightage of each type of assessment. 1,3,4,5 1,3,4 All

Method Quizzes Midterm Group Project Group Case Analysis Final Examination TOTAL

% 10 20 20 10 40 100

Mapping of course / module to the Programme Learning Outcomes Learning Outcome of the course
Define the importance of international business and the impact of international business on the Malaysian economy. Classify the trade theories and the arguments that international trade improves the welfare of all countries. Comprehend how countries measure the balance of trade, monetary exchange rates, currency quotations, and trades. Classify the political ramification and risks of doing business outside of ones home country. Distinguished the effect of culture on the practice of business, the opportunities and threats presented by national economies at varying stages of development.

Programme Outcomes
01 02 03 04 05 06 07 08 09

1.

2.

3.

4.

5.

6.

Classify the modes of international business entry, the multinational enterprises, and international aspects of marketing, logistics, accounting, taxation, human resource management, and coordination and control.

Content outline of the course / module and the SLT per topic

Weeks 1

Topics Introduction: What is International Business

Learning Task/Reading (author/page) Hours Chapter 1 (Cavusgil et 5 al, 2012) 5 Chapters 2 and 9 (Cavusgil et al, 2012)

Globalization and Internalization of Firms Regional Economic Environment

Organizational Participants in International Business The Cultural Environment

Chapters 3 and 4 (Cavusgil et al, 2012) Chapters 4 and 5 (Cavusgil et al, 2012) Chapter 6 (Cavusgil et al, 2012) Chapters 7 and 8 (Cavusgil et al, 2012)

The Cultural Environment Ethics and International Business Theories of International Trade and Investments

Political and Legal Systems Government Intervention

Emerging Markets, Developing Economies and Advanced Economies

Chapter 10 (Cavusgil et al, 2012)

International Monetary System

Chapter 11 (Cavusgil et al, 2012) Chapters 13 and 14 (Cavusgil et al, 2012)

Global Market Opportunity Assessment Exporting and Countertrade

10

Foreign Direct Investment and Collaborative Ventures Licensing, Franchising and Other Contractual Strategies Global Sourcing Marketing Internationally Global HRM

Chapters 15 and 16 (Cavusgil et al, 2012) Chapter 17 (Cavusgil et al, 2012) Chapter 18 (Cavusgil et al, 2012) Chapter 19 (Cavusgil et al, 2012)

11 12 13

5 5 5

14

International Accounting and Finance

Chapter 20 (Cavusgil et al, 2012)

Assessments and other coursework

59.5

Required references supporting the course

.

Cavusgil, Knight and Riesenberger. 2012. International Business Strategy, Management and the New Realities, Second Edition, Pearson Education, International Edition ISBN-13 : 978-0-13-245327-1

Recommended references supporting the course

Wild, J.J and Wild, K.L. (2012). International Business: The Challenges of Globalization, 6th Edition, Pearson Education, ISBN 10027375257 X Hill, C.W. 2008. Global Business Today. McGraw-Hill International Edition. ISBN : 978-0-07110097-7 Hill, C.W. 2005. International Business: Competing in the Global Marketplace with OLC/PW pass code card and Student Resource CD. McGraw Hill Irwin. 5e. ISBN: 0072949392 Griffin R.W. and Putsay M.W. 2007. International Business . Pearson Education. 5th Edition. ISBN : 013-233532-8

1. 2. 3. 4. 5. 6. 7.

At the end of the programme, students are able to (MQA sample): Demonstrate familiarity with established knowledge in the field of business and management and awareness of current development therein. Use relevant skills learnt in business and management for professional and personal development. Cooperate with others and apply knowledge in a socially responsible manner for the progress of the nation and the ummah. Demonstrate commitment to ethics, autonomy and professionalism in the workplace and everyday life. Communicate with people from a diverse range of backgrounds with empathy. Analyse issues and demonstrate skilfulness in planning, executing and evaluating strategies and action plans. Use the necessary learning skills in information management and apply effective strategies for lifelong self-improvement.

Keyword

Knowledge Practical Skills Social skills and Responsibilities Value, Attitudes, Professionalism Communication Problem Solving and Scientific Skill Information Management and Lifelong Learning Managerial and Entrepreneurial Leadership and Team Skills

8. 9.

Apply basic managerial and entrepreneurial skills in relevant fields. Understand the different type of leadership styles and the demonstration of interpersonal skills when leading in a group situation

BBA Program Education Outcomes (PEO) 1. Produce knowledgeable and professional business graduates that are driven by Tawhidic paradigm at all times. 2. Produce business graduates that are able to apply Islamicization of human knowledge on business disciplines. 3. Nurture business graduates that have global (ummatic) paradigm thinking beyond business bottom line. 4. Nuture business graduates that are dynamic, professional, ethical, and always strive for worldly and Hereafter victory (al-falah)