- UCAS course code
- N248
- UCAS institution code
- M20
Bachelor of Science (BSc)
BSc Management (International Business Economics) with Industrial/Professional Experience
Study management with a focus on international business and gain real-world experience through a placement year.
- Typical A-level offer: AAA
- Typical contextual A-level offer: ABB
- Care experienced/sanctuary/carer offer: BBB
- Typical International Baccalaureate offer: 36 points overall with 6,6,6 at HL
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Course unit details:
Advanced International Business
| Unit code | BMAN32071 |
|---|---|
| Credit rating | 20 |
| Unit level | Level 3 |
| Teaching period(s) | Semester 1 |
| Available as a free choice unit? | No |
Overview
Building on the year-two International Business (BMAN24312) course, this optional course introduces final-year undergraduate students to a variety of cutting-edge topics in international business research and practices. Compared to the second-year module, the materials covered in this course are more advanced in terms of the depth of the academic reading and the complexity of business cases. Theses advanced topics are organized into three interrelated parts: First, we examine how firms formulate and implement their international business strategies. In addition to classical issues such as entry model choice and joint venture management, we cover crucial marketing, entrepreneurship, and innovation issues in the global context. Second, we aim to understand how multinationals meet global socio-political challenges and develop non-market capabilities in this regard. Emphasis is placed on corporate political activities, strategic CSR, and global value chain management. We also look into the ways in which how multinationals may develop a concerted pattern of actions to tackle challenges from both business and socio-political sides. Finally, we move to the organizational and governance dimensions of business firms and investigate how these organizational structure and corporate governance issues matter for firm outcomes.
Pre/co-requisites
| Unit title | Unit code | Requirement type | Description |
|---|---|---|---|
| International Business | BMAN24312 | Pre-Requisite | Compulsory |
Students willing to choose this optional course need to have taken the course of International Business (BMAN 24312) and passed the exam in year two at AMBS.
Aims
This course aims to provide students with an in-depth understanding of leading strategic, institutional and organizational issues facing multinational enterprises in the global business arena. On the basis of the knowledge covered in the year-two international business module, students are expected to develop a deeper and more nuanced appreciation of the multifaceted business challenges that entail an integrated knowledge base involving international business strategies, home/host and supranational institutions, and organizational/governance structures.
Learning outcomes
• Knowledge and understanding: Fundamental understanding of a collection of cutting-edge topics in international business research and practice. Ability to analyse delicate business strategy, institutional dynamics, and organizational/governance issues in an international environment.
• Intellectual skills: Development of critical thinking and problem solving skills. Ability to analyse cases and make critical judgments. Ability to articulate and critically evaluate conventional wisdom to produce bespoke management tools.
• Practical skills: Ability to analyse case studies, apply core skills developed in earlier courses, and evaluate different policy options in international management.
• Transferrable skills and personal qualities: Realize the importance of wider societal and institutional issues related to international business and management and demonstrate the ability to reflect on self, society, and the status quo of current business practices. Work with others constructively in a group context.
Syllabus
Part I. Formulating and Implementing International Business Strategy
1. Course introduction/overview; Managing the internationalization process; Modes of entering foreign markets
2. Developing and managing global strategical alliances/networks in general and international joint ventures in particular
3. International marketing
4. International entrepreneurship: Small and medium-sized enterprise (SME) internationalization and “born-globals”
5. Managing global innovation
Part II. Tackling Global Socio-political Institutional Challenges
6. Managing political risks/hazards in home and host counties and developing firm-specific political capabilities
7. International CSR and stakeholder management
8. Managing challenges arising from global value chains
9. Developing corporate non-market capabilities and integrating them with extant international business strategy making and implementation
Part III. Managing and Governing Corporations across the World
10. Managing headquarter-subsidiary relationships
11. Corporate governance systems around the world and the diversity/convergence of corporate governance systems
12. Internationalization of corporate boards and overseas capital market listing; Course summary
Teaching and learning methods
The course will be delivered through a series of lectures and seminars.
- 12 weeks of 2-hour lectures
- 6 weeks of 1-hour seminars
Employability skills
- Analytical skills
- The course emphasizes the improvement of students' analytical skills. Knowledge and understanding of advanced topics in international business as well as the acquired analytical skills of composing group work will have a positive impact on the student's employability and career opportunities as managers and business leaders in a globalized environment.
- Innovation/creativity
- Expertise in company and institutional analysis and problem solving at a theoretical, analytical and practical level, will provide students with innovative skills and strengthen their applications for positions related to foreign market entry, organizing multinational enterprises, international management, and strategy consulting.
- Leadership
- This course increases the student's knowledge and understanding of multinational business strategy, managing inter-firm relationships, identifying and responding to real-world business problems, tackling global grand challenges in socio-political aspects, managing and critically reflecting on inter-personal group dynamics, which are essential for a management career in a multinational company.
Assessment methods
The course is assessed through both formative and summative assessments.
This course is assessed through a group coursework (20%) and an examination (80%).
Feedback methods
Lecturer feedback on formative assessments during the seminars
Feedback on the assessment will be posted by the course co-ordinator on the course’s Blackboard page.
Recommended reading
Peng, M. W. (2013) Global Strategic Management (3rd edition), Cengage Learning
Frynas, J. G. & Mellahi, K. (2014) Global Strategic Management (3rd edition), Oxford University Press
Goergen, M. (2018) Corporate Governance: A Global Perspective (1st edition), Cengage Learning
A variety of important reading materials, in the form of journal articles and business cases, will be distributed during the course.
Study hours
| Scheduled activity hours | |
|---|---|
| Lectures | 24 |
| Seminars | 6 |
| Independent study hours | |
|---|---|
| Independent study | 170 |
Teaching staff
| Staff member | Role |
|---|---|
| Renfei Gao | Unit coordinator |
Additional notes
Programme Restrictions: BSc Management and Management (Specialisms), BSc International Management, BSc International Management with American Business Studies and BSc IBFE.
For Academic Year 2023/24
Updated: March 2023
Approved by: March UG Committee
Fees and funding
Fees
Tuition fees for home students will be £10,050 for the 2027/28 academic year. In England and Wales, tuition fees for home undergraduate students are subject to the Government fee cap, which the Government has announced will be £10,050 for the 2027/28 academic year.
Government policy is to increase the fee cap on an annual basis to reflect inflation (i.e. increasing costs), and the tuition fee home students pay in subsequent academic years will reflect any increases in the Government fee cap (which we will communicate to you as soon as we can in advance of the relevant academic year).
Tuition fees for international students will be £35,300 for the 2027/28 academic year. For subsequent academic years, the University reserves the right to increase the tuition fee by up to 7% each year, including to reflect rising costs associated with delivering our education and wider student experience.
For general information please see the undergraduate finance pages.
Additional expenses
All students should normally be able to complete their programme of study without incurring additional study costs over and above the tuition fee for that programme
Policy on additional costs
All students should normally be able to complete their programme of study without incurring additional study costs over and above the tuition fee for that programme. Any unavoidable additional compulsory costs totalling more than 1% of the annual home undergraduate fee per annum, regardless of whether the programme in question is undergraduate or postgraduate taught, will be made clear to you at the point of application. Further information can be found in the University's Policy on additional costs incurred by students on undergraduate and postgraduate taught programmes (PDF document, 91KB).
Scholarships/sponsorships
We know that student finance can be complicated. The links below provide further information to help guide you.
Learn more about student finance options for UK students.
Learn more about fees and finance for international students.
As an international student you may be eligible for our Global Futures Scholarships . This is open to students starting their studies in September 2027.
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You can find regulations and policies relating to student life at The University of Manchester, including our Degree Regulations and Complaints Procedure, on our regulations website.
