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Agenda

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International Business Minor. Sound international business principles ... International Trade Minor Business Majors ... Business Minor Non-Business ... – PowerPoint PPT presentation

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Title: Agenda


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(No Transcript)
2
Agenda
  • Mission, Values International Focus
  • Why International Business Matters
  • Current Academic Offerings
  • Undergraduate
  • Graduate
  • Exchange/Study Abroad Programs
  • Faculty Development
  • Connecting to Area Business


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Values
  • Faculty Staff Involvement with Student
    Achievement and Advancement
  • Communication Skills, Analytical Skills,
    Information Technology, and Ethical Decision
    Making as Intrinsic Parts of the Learning
    Process
  • Commitment to the Liberal Arts for Sound
    Education
  • Lifelong Learning for Faculty, Staff, Students
    Alumni
  • A Quality Learning Environment
  • Global Perspective
  • Teamwork and respect for each other
  • Commitment to Innovation
  • Commitment to Diversity
  • Continuous Quality Improvement in all we do

5
Why International Business Matters
  • For every 1 in overseas investment, an
    additional 2 in exports to that market tend to
    be generated
  • One in 10 Ohio jobs are related to international
    trade
  • 78 percent of global gross domestic product and
    95 percent of humanity lives outside U.S. borders
  • 3/4 of US direct investment abroad is in
    developed countries

6
What Do Exports Mean For the U.S. Economy?
  • The U.S. export volume has grown 243 over the
    past two decades.
  • Exports have accounted for 30 of U.S. economic
    growth since 1989.
  • Exports now account for 11 of U.S. GDP, and for
    21 of U.S. GDP growth

7
Undergraduate Offerings
  • For Business Majors
  • International Business Major
  • International Trade Minor
  • For Majors in Other Colleges
  • International Business Minor

8

IB Major Delivers What Business, Government and
Non-Profits Want
  • Sound international business principles
  • Practical background in international trade mgmt
  • Mandatory language proficiency
  • Mandatory cultural concentration
  • Practical experience - required internship
    focused on international trade
  • Many colleges lack cross-disciplinary approach
    and practical experience Creating Business
    Leaders for the New Millennium, September, 2003
    Conference, Washington, D.C.

9
Over the past year of traveling in Asia, Europe,
and South America I have seen firsthand how
important not only language is, but also business
customs, in working with our offices in these
countries. The International Business major at
the Raj Soin College of Business is of great
importance in giving students these valuable
skills. Lewis Martin Business
Operations Manager, Americas NCR
Corporation
IB Major Delivers What Business, Government and
Non-Profits Want
10
The student interns that Ive managed from the
Raj Soin College of business international
program have received a thorough understanding
international business and trade. They are ready
to hit the ground running and able to help me in
supporting the international business priorities
of our clients.Debbie Dirr International
Trade Specialist U.S.
Commercial Service
United States Department of Commerce
IB Major Delivers What Business, Government and
Non-Profits Want
11
International Business Major
  • Minimum of 187 Hours - 67 students
  • Sound international business principles
  • International Accounting
  • Comparative Economic Systems
  • International Financial Management
  • Global Operations Management
  • International Marketing
  • International Trade Management
  • International Trade Internship
  • 12 hours of Cultural Electives
  • Foreign Language 203 Level Chinese, French,
    German, Portuguese, Spanish

12
International Trade Minor Business Majors
  • Minimum of 20 hours
  • Four of the following courses
  • International Accounting
  • International Financial Management
  • International Marketing
  • Global Supply Chain Management
  • International Management
  • Required - International Trade Management
  • 4 hours From one of the following
  • International Economics
  • Comparative Capital Institutions
  • Economic Development in Transition

13
International Business Minor Non-Business Majors
  • Need your help recruiting - Ideal for
    Engineering, Liberal Arts, Science and Math
    Students
  • Required
  • Minimum of 24 hours
  • International Politics
  • Introduction to International Business
  • Management and Organizational Behavior
  • International Management
  • Principles of Marketing
  • International Marketing
  • 4 hours From one of the following
  • Business French 321
  • Business German 325
  • Business Spanish 324

14
Masters Programs
  • MBA Program Intl Business Concentration
  • International Accounting 757
  • International Economics 719
  • International Marketing 716
  • Global Supply Chain Management 700
  • Seminar in International Finance 790
  • Tortola MBA Program
  • Cohort group in British Virgin Islands
  • Master of Applied and Social Economics
  • Focus on global economic issues

15
China MBA Program
  • 33 students
  • Experienced managers and executives
  • Selected by officials of Shandong
  • Province
  • Full-time Executive Format 12 months
  • Tie in with economic development in Miami Valley
    and Ohio
  • Mentor program and internships with area
    businesses
  • Additional programs in Beijing and Shanghai
    March 2004

16
Exchange and Study Abroad Participation
  • Average 15 American business students per year
    in study abroad programs
  • Partners Focused on Business
  • Chile Concepcion Santiago
  • Anger, France
  • Jena, Germany

Macel Hein, Fall Quarter RENUSUS Student Business
Internship with Miami Valley International Trade
Association
  • 70 international business students from
    countries as diverse as Poland, Pakistan, Albania
    and Argentina
  • Plus 33 Chinese students

17
Faculty Development
  • China and Tortola programs give numerous
    faculty members diverse teaching
    experiences
  • Several faculty teach at partner universities
  • Fall Ainina, Finance France, Chile, Hungary
  • Nicolas Gressis, Finance
  • Michael Sincoff, Management Sweden
  • Andrew Lai - China
  • New faculty have international business
    expertise
  • Gregory Graman Seed grant CIBER international
    supply chain management
  • Wakiura Wamwara-Mbugua Marketing
  • Pola Gupta - Marketing

18
Connecting to Area Business
19
Small- and Mid- Sized (SMEs) Business Export
Growth
  • Businesses
  • 1987 69,354
  • 1992 108,026
  • 1997. 202,185
  • 2002. 232,736
  • Source The U.S. Census Bureau

20
Potential for increasing exports
  • Of these, 63 export to only one country
  • Of these, only 23 export to 2-4 countries
  • Of these, only 7 export to 5-9 countries

21
Connecting to Area Business
  • 1 of only 4 International Trade Assistance
    Centers in State of Ohio Region IV
  • Jackie Barton, International Trade Advisor, Raj
    Soin Graduate
  • Increased international business internships and
    outreach
  • Monica Snow, Director of Marketing, Business and
    International Relations
  • Kauffman Grant Application International
    Entrepreneurship
  • Cross-disciplinary College of Engineering,
    Liberal Arts
  • Paid international business internships
  • Development of additional international business
    language courses Chinese and Portuguese
  • International student entrepreneur awards open
    to entire University
  • February 28 announcement
  • Increased business and faculty collaboration

22
Connecting to Area Business
  • New TARGET Program (To Aim and Realize Global
    Expansion Together)
  • Inaugural companies
  • Global Gauge
  • ATI/SSI
  • Columbia Rubber
  • Angell Manufacturing
  • Systran Corporation
  • Freedom Feeds
  • DT Assembly Test
  • FH Bonn
  • Lion Apparel
  • Modeled after successful CIBER (Center for
    International Business and Education Research)
    Program
  • Additional opportunities for internship and
    faculty international business collaboration
  • Co-sponsors
  • Miami Valley Intl Trade Association
  • US Department of Commerce
  • ITAC Ohio Dept of Development
  • CIBER - The Ohio State University

23
When I look back 15 or 20 years ago it was rare
for a businessperson to do business
internationally. Today it is rare that one
doesnt. The world is a small pond it is
important that students have an understanding of
different cultures, and that they realize that
they are not just dealing with issues in
Dayton. Rick Stover, Partner in
Charge PricewaterhouseCoopers LLP
IB Major Delivers What Business, Government and
Non-Profits Want
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