Business Administration Major: International Business and Economics Option (B.S.)
The Option in International Business and Economics offers an interdisciplinary course of study, providing strong business training for students pursuing careers at organizations with an international focus, particularly in multinational corporations, international banks, and government agencies. It achieves this by combining general business training with in-depth knowledge in economics, finance, and management. Students are strongly encouraged to round out their education with either an internship at an international organization or by studying abroad for one semester.
Degree Requirements
All Major, Option and Elective Requirements as indicated.
*Major GPA requirements as indicated.
Major Requirements
A typical plan of study follows, showing the major-required courses. Students take 16-18 credits per semester. Discovery Program requirements (including the Inquiry requirement in the first two years) and elective courses are taken as well. Students are expected to follow this course plan. In the first three semesters, students cannot take more than two major courses in a single semester. The options have additional requirements as noted. For a detailed schedule/plan of study for each option, students should check with the Paul College Undergraduate Programs and Advising Office for specific recommendations.
| Code | Title | Credits |
|---|---|---|
| Required Courses | ||
| ADMN 400 | Introduction to Business | 4 |
| ADMN 403 | Computing Essentials for Business | 1 |
| ADMN 410 | Management Information Systems | 4 |
| ADMN 502 | Financial Accounting | 4 |
| ADMN 503 | Managerial Accounting | 4 |
| ADMN 510 | Business Statistics | 4 |
| ADMN 570 | Introduction to Financial Management | 4 |
| ADMN 575 | Behavior in Organizations | 4 |
| ADMN 580 | Quantitative Decision Making | 4 |
| ADMN 585 | Marketing | 4 |
| ECON 401 | Principles of Economics (Macro) | 4 |
| ECON 402 | Principles of Economics (Micro) | 4 |
| MATH 422 | Mathematics for Business Applications | 4 |
| or MATH 424A | Calculus for Social Sciences | |
| PHIL 431 | Business Ethics | 4 |
| PAUL 405 | Freshman Academic Experience I | 1 |
| PAUL 406 | Freshman Academic Experience II | 1 |
| PAUL 660 | BiP-Social Intelligence Topics 2 | 2 |
| PAUL 670 | BiP-Analytical Intelligence Topics 2 | 2 |
| PAUL 680 | BiP-Competitive Intelligence Topics 2 | 2 |
| PAUL 690 | BiP-Professional Intelligence Topics 2 | 2 |
| Capstone | ||
| ADMN 775 | Strategic Management: Decision Making 1 | 4 |
| Total Credits | 67 | |
| Code | Title | Credits |
|---|---|---|
| International Business and Economics Option Requirements | ||
| Required Courses | ||
| ECON 645 | International Economics | 4 |
| MGT 655 | Doing Business Globally | 4 |
| Select three courses from the following: 3 | 12 | |
| Innovation in the Global Economy (Spring only) | ||
| International Financial Management | ||
| International Marketing (Fall only) | ||
| Global Mindset for Sustainable Business | ||
| Global Supply Chain Management | ||
| International Experience | ||
| Select one of the following: | 4 | |
A one-semester (8 weeks or longer) study abroad experience. Must involve at least one approved International Business or Economics Course. | ||
A shorter term Faculty-Led international program (e.g., J-Term or Summer international trip) | ||
A 1-4 credit internship at an International Organization (must be approved prior to the beginning the internship.) | ||
| Total Credits | 24 | |
Depending of the choice of option and the specific requirements thereof, students may be able to take PAUL or non-PAUL electives in their junior or senior year.
- 1
This is the capstone course in the business administration program, and satisfies the capstone requirement of the Discovery Program. Students may be required to concurrently enroll in ADMN 700 PAUL Assessment of Core Knowledge (zero credits) for AACSB accreditation purposes.
- 2
Students may satisfy PAUL 660, PAUL 670, PAUL 680, PAUL 690 requirements through other courses/experiences with approved intelligence attributes assigned.
- 3
Students can tailor their option by specializing in International Trade and Finance (ITF) or International Business (IB). For ITF select ECON 655 and FIN 703. For IB select ECON 655, MGT 755, MKTG 760 or SC 680
Sample Degree Plan
| First Year | ||
|---|---|---|
| Fall | Credits | |
| ADMN 400 or ADMN 410 | Introduction to Business or Management Information Systems | 4 |
| ECON 401 or ECON 402 | Principles of Economics (Macro) or Principles of Economics (Micro) | 4 |
| MATH 422 or MATH 424A | Mathematics for Business Applications or Calculus for Social Sciences | 4 |
| PHIL 431 | Business Ethics | 4 |
| ADMN 403 | Computing Essentials for Business | 1 |
| PAUL 405 | Freshman Academic Experience I | 1 |
| Credits | 18 | |
| Spring | ||
| ADMN 410 or ADMN 400 | Management Information Systems or Introduction to Business | 4 |
| ECON 402 or ECON 401 | Principles of Economics (Micro) or Principles of Economics (Macro) | 4 |
| ENGL 401 | First-Year Writing | 4 |
| Discovery | 4 | |
| PAUL 406 | Freshman Academic Experience II | 1 |
| Credits | 17 | |
| Second Year | ||
| Fall | ||
| ADMN 502 | Financial Accounting | 4 |
| ADMN 510 | Business Statistics | 4 |
| Discovery | 4 | |
| Discovery | 4 | |
| Credits | 16 | |
| Spring | ||
| ADMN 503 | Managerial Accounting | 4 |
| ADMN 575 or ADMN 570 | Behavior in Organizations or Introduction to Financial Management | 4 |
| Discovery | 4 | |
| Discovery | 4 | |
| BiP Business in Practice (PAUL 660, 670, 680 or 690) | 2 | |
| Credits | 18 | |
| Third Year | ||
| Fall | ||
| ADMN 570 or ADMN 575 | Introduction to Financial Management or Behavior in Organizations | 4 |
| ADMN 580 or ADMN 585 | Quantitative Decision Making or Marketing | 4 |
| International Business and Economics option course 2 | 4 | |
| Discovery | 4 | |
| BiP Business in Practice (PAUL 660, 670, 680 or 690) | 2 | |
| Credits | 18 | |
| Spring | ||
| ADMN 585 or ADMN 580 | Marketing or Quantitative Decision Making | 4 |
| International Business and Economics option course 2 | 4 | |
| Course selected in consultation with advisor 1 | 4 | |
| Course selected in consultation with advisor 1 | 4 | |
| BiP Business in Practice (PAUL 660, 670, 680 or 690) | 2 | |
| Credits | 18 | |
| Fourth Year | ||
| Fall | ||
| International Business and Economics option course 2 | 4 | |
| International Business and Economics option course 2 | 4 | |
| Course selected in consultation with advisor 1 | 4 | |
| Course selected in consultation with advisor 1 | 4 | |
| BiP Business in Practice (PAUL 660, 670, 680 or 690) | 2 | |
| Credits | 18 | |
| Spring | ||
| ADMN 775 & ADMN 700 | Strategic Management: Decision Making and PAUL Assessment of Core Knowledge | 4 |
| International Business and Economics option course 2 | 4 | |
| Course selected in consultation with advisor 1 | 4 | |
| Course selected in consultation with advisor 1 | 4 | |
| Credits | 16 | |
| Total Credits | 139 | |
- 1
Students can explore a second option, second major, minor, or general electives.
- 2
The International Business and Economics option also requires and international experience which can be satisfied through an approved study abroad or an approved internship at an international organization. Students should discuss their plan to complete the experience requirement with their advisor.
- Students will demonstrate proficiency in the core content areas of international business.
- Students will think critically to address business situations.
- Students will demonstrate communication skills to interact effectively in business situations.
- Students will identify and understand the ethical dimensions and implications of business decisions.
- Students will demonstrate the ability to analyze a business situation by applying a multiple stakeholder lens.
- Students will demonstrate an understanding of business practices as they relate to local, national and global competitiveness.