Introduction:This degree program examines differences in business practices, language, communication, social interaction, work attitudes, relationships, economics, politics, lifestyle and social structures. Knowledge of other cultures facilitates successful transactions, not only with other countries, but with partners in the multicultural United States as well. Students in this program will also learn about exporting, importing, foreign direct investment, foreign licensing and international services. The International Business academic curriculum is completely integrated with that of the home campus in Saint Louis, Missouri. Students who wish to pursue this program have two options:
1) Complete the entire undergraduate program in Spain with the John Cook School of Business (JCSB) in Missouri as the degree-granting entity.
2) Enroll in the International Business with us in Madrid, and transfer freely between the two campuses over the course of their undergraduate degree program.
The degree has a dual nature. It is recognized in Spain (our Madrid campus is the first U.S. university recognized by the Consejería de Educación y Cultura, the higher education authority of Madrid's provincial government) and in the U.S. This recognition assures students that the campus meets all of the higher education standards applicable to all Spanish public and private universities, and it guarantees that all courses taken at our campus in Madrid are recognized in Spain. The Courses are offered in English at the Madrid Campus. Spanish and international students normally enroll in our intensive English as a second language (ESL) program during their first year of study.
What can students do with a degree in International Business?The International Business program is interdisciplinary. It prepares students for careers with multinational corporations, financial institutions with foreign operations or government agencies involved in international trade and finance. Graduates find career opportunities with international banks, multinational corporations or with other international organizations. Options include working for a foreign company abroad, working for an American company abroad, or working for an American company trading with another country. Attending graduate school to focus on a chosen field, in international business is also a possibility.
Degree Structure:
- Business Core Requirement: 42 credit hours
- (*) International Business Concentration: 15 credit hours
- Liberal Arts Requirement: 54 credit hours
- Foreign Language Requirement: 12 credit hours (for students whose first language is English)
- Electives: 3-15 credit hours
Total: 120 credit hours (minimum) (*) International Business Concentration: students are required to select a total of 15 credit hours (at least 3 different areas) from the following:
- ACCT-393: International Accounting for Global Organizations
- ECON-379: Economic, Political, and Social Development in Latin America
- ECON-395: Political Economy of the European Union
- ECON-416: History of Economic Analysis
- ECON-430: International Trade
- ECON-431: Exchange Rates and the Global Economy
- ECON-456: Economic Development
- FIN-353: International Finance Management
- IB-302: Latin American Business
- IB-304: Asian Business
- IB-310: Geopolitics for Global Business
- IB-480: International Business Internship
- IB-493: Special Topics in International Business
- MIS-360: Global Information Management
- MKT-455: International Marketing
B.S.B.A. graduation requirements:
- IB Concentration must be completed in at three areas in addition to IB-200.
- IB requirement of 12 credit hours of a foreign language for students whose first language is English may be completed, in part, by replacement of 6 of the 12 credit hours of English.
- IB Concentration must be completed in residence at SLU/SLU-Madrid.
- Common Graduation Requirements: Final 30 degree credit hours along with 50% of required business course credit in (SLU/SLU-Madrid) University residence; a minimum GPA of 2.0 in total degree credits and, separately, in business course credit.
