International Business

Globalization of our economy continues at an increasing rate, creating the need for individuals well-versed in the intricacies of conducting business across borders. As a result, courses offered in this major are interdisciplinary, integrating international and foreign language studies with business principles, including the study of management functions, policies and practices of international enterprises. International business graduates enter a people-oriented career that requires excellent communication skills and the ability to work well on multicultural teams.

The major in international business at St. Mary’s University is designed for students who are interested in seeking careers in the global arena. Individuals interested in management practices around the world, international behavior, and challenges for multinational corporations in foreign social, political and economic environments should consider this major.

Careers in international business include working in a foreign firm, an international nonprofit agency, an international insurance agency, a multinational enterprise, a company’s international division, or a government organization concerned with global business development. Other possibilities include:
  • Import and export operations
  • International banking
  • Management training for multinational companies
  • International finance
  • International marketing
  • International human resources management
  • Organizations’ customs brokerage
  • International logistics and transportation
International business graduates have gone on to work for organizations including Gimsa International Inc., NuStar Energy LP, Procter & Gamble Co., Science Computing, and the National Hispanic Institute.

Courses

IB3310 International Economics (Same as EC 3310)
An analysis of current theories of international transactions, with emphasis on the interrelationships among various aggregate economic variables with balance of payments. Policies effecting economic relations on the national and international levels are examined. Contemporary economic issues and theories are considered as they relate to the world of economy. Prerequisites: EC 2301 and EC 2303.

IB 3321 U.S. Business in an Interdependent World (W)
A survey of the effect that differences in cultural, economic, legal, political and social environments have on the way business is connected throughout the world. Also explored are the effects that regional economic and political arrangements, and international institutions are having on firms involved in international business activities. (Fall; Spring) Designated as a writing-intensive course. Prerequisites: EC 2301 and EC 2303.

IB 4100, 4200, 4300 Special Studies in International Business
A study of selected topics in International Business. Specific subject indicated each time the course is offered. May be used as elective credit and repeated when specific subject changes. Prerequisite: Consent of instructor.

IB 4351 International Finance (same as FN 4350)
The course addresses the historical, institutional and empirical aspects of the foreign exchange market, the eurocurrency market and the international bond market. The managerial implementation of international financial instruments in global oriented business organizations is stressed.(Fall; Spring) Prerequisites: FN 3310 and IB 3321.

IB 4352 International Marketing
Students develop a familiarity with the problems and perspectives of marketing across national boundaries and within foreign countries and gain insights into the environmental impact of international business activities. The ability to analyze marketing decisions and the methods of structuring and controlling programs as they relate to overseas markets are stressed. (Fall) Prerequisites: MK 3310 and IB 3321.

IB 4355 Managing in Cross-Cultural Environments
Addresses cultural impacts on international business and management. Examines the role of the global manager as creator of synergy, leader in change, and influencer of organization, work, and team cultures. Analyzes cross-cultural effectiveness in terms of international assignments and family relocation. Considers how to do business with intercultural sensitivity. (Fall) Prerequisites: BA3325 and IB 3321W.

IB 4358 International Management (W)
The course examines the managerial complexities and peculiarities of business operations that cross national borders. Thus it includes, the study of management functions, organizational structures, policies and procedures, and practices of international, multinational, and global corporations and their varying strategies. (Fall) Designated as a writing-intensive course. Prerequisite: IB 3321 and BA 3325.

IB 4361 The Business Environment of the Americas
This course provides a general, comparative overview of the business environments of the Americas. The discussion and analysis will focus on the economic, legal-political, and social-cultural dimensions of the business environments of these countries. The impact of these environmental dimensions on business practice, business regulation, and domestic and foreign business policy issues will be the major focus of research and writing in the course. Prerequisite: IB3321W

IB 4362 The Business Environment of Asia
This course provides a general, comparative overview of the business environments of Asia. The discussion and analysis will focus on the economic, legal-political, and social-cultural dimensions of the business environments of these countries. The impact of these environmental dimensions on business practice, business regulation, and domestic and foreign business policy issues will be the major focus of research and writing in the course. Prerequisite: IB 3321W or EC/IB 3310.

IB 4363 The Business Environment of Europe
This course provides a general, comparative overview of the business environments of Europe. The discussion and analysis will focus on the economic, legal-political, and social-cultural dimensions of the business environments of these countries. The impact of these environmental dimensions on business practice, business regulation, and domestic and foreign business policy issues will be the major focus of research and writing in the course. Prerequisite: IB 3321W or EC/IB 3310.

IB 4364 Comparative Legal Environments of NAFTA Countries
This course is designed to acquaint students with basic legislative, judicial, executive and administrative structures of each of the NAFTA countries. Emphasis is placed on the key differences in the systems and essential procedures for effective business operation within these legal systems. ;Prerequisites: IB 3321W and BA 3325W.

IB 4365 International Accounting & Taxation (same as AC 4365)
An examination of the accounting principles and practices among countries and an overview of taxation of U.S. businesses operating internationally. Emphasis is placed on management decisions associated with accounting and taxation of companies operating in the international environment. (Fall)Prerequisite: AC 2320 and IB 3321W.

IB 4372 Global Market Research
This course examines the techniques and methodologies used for analyzing industries, markets, and competitors within a regional or global context. Emphasis is placed on gaining a comprehensive understanding of the challenges associated with analyzing customers, competitors, environmental trends and market characteristics. (Spring) Pre-requisite: IB 3321W and MK 3310

IB 4375 Internship in International Business
The opportunity to gain knowledge through experiential activities in professional life. Cooperation with public, business, and government institutions in monitoring and gaining work experience aimed at supplementing the learning process. Prerequisites: Minimum overall GPA of 2.8, successful completion of IB 3321W and BA 3325W. Pass/No Pass credit is given. (Fall; Spring; Summer)

IB 4390 Seminar in International Business (W)
Advanced course permitting the student to engage in independent reading and research on current developments in International Business. Group analysis of individual reports aids in expanding and deepening the horizons of the participants. (Spring) Designated as a writing intensive course. Prerequisite: Senior standing and IB 3310, IB 3321 and completion of at least six additional IB hours. International Business majors only.

Degree Plan

Freshman Year

FallSpring
Rhetoric Comp. (3)Literature (3)
Intermed.Foreign Lang.(3)Calculus for Bus.(3)
Social ScienceSocial Sciences (Am. HS, CJ, PO) (3)
Finite Mathematics (3)Exper. to Meaning (3)
Fund. of Business Enterprise(3)Science(Any Science) (3)
Science (Any Science) (3)Intermed. Forgn. Lang.(3)

Sophomore Year

FallSpring
Intro. to Accounting Introduction to Acct II
Intro. MacroeconomicsIntro. Microeconomics
Literature Advanced Composition
Fine Arts Professional Foreign Lang
Philosophy of Morality Theological Foundations
SE 1341 or 2333 Area Studies course (3)

Junior Year

FallSpring
Legal Environ. of Bus.Business Elective
Corporate FinanceU.S.Bus. in Interdep. W.
Manag. People & Orgs.Business Statistics
International EconomicsManagement Inf. Syst.
Principles of MarketingBusiness Elective
PL (3000 or 4000)

Senior Year

FallSpring
International FinanceBusiness Policy
International MarketingSeminar in Intern'l Bus.
International Mgmt.IB Elective
Operations ManagementEthics
IB ElectiveTheology (3)

Faculty

Johnson

Jeffrey E. Johnson, Ph.D.

Associate Professor of International Business
Director, Center for Global Business Studies

Phone: (210) 431-2024
Email: jjohnson6@stmarytx.edu
Full Bio Details
B.S., California State University, 1979
M.B.A., University of Colorado, 1997
Ph.D., University of Strathclyde, Glasgow, Scotland, 2002
Jeffrey E. Johnson, Ph.D., is an Associate Professor of International Business. Johnson also serves as the Director of the Center for Global Business Studies. He holds an MBA with an emphasis in International Business from the University of Colorado. Johnson holds the Certified Global Business Professional credential and is an active member of the San Antonio Free Trade Alliance. He has extensive professional business, entrepreneurial and consulting experience.

Johnson's research interests include small firm internationalization, international entrepreneurship, and micromultinationals. His articles have been published in the European Management Journal, Journal of International Entrepreneurship, Journal of Global Awareness, and Hallway Case Journal. He was appointed as the 2003-2005 Dierdre Harkins Richards Professor of Free Enterprise and was the recipient of the 2002 Academy of International Business Best Dissertation Award, 2005 Outstanding Faculty Award, and the 2006-2007 Distinguished Faculty Award.


Martinez

Zaida Martinez, Ph.D.

Professor of International Business
Phone: (210) 431-6760
Email: zmartinez@stmarytx.edu
Full Bio Details
B.S.S., Universidad De Puerto Rico, 1969
M.A., American University, 1975
M.B.A., Florida State University, 1982
Ph.D., University of South Carolina, 1987
Zaida Martinez, Ph.D., joined the Bill Greehey School of Business as an associate professor of international business. She holds the doctorate in international business from the University of South Carolina and the master of business administration degree from Florida State University. Her papers have appeared in the Journal of International Business Studies, Journal of Management, Journal of International Management, and Management International Review.

She is co-editor of the book, International Business Scholarship, has been visiting professor at the University of Auckland, New Zealand, and an internationalization consultant to the University of Puerto Rico, the Alamo Community College District and Georgetown College.Martinez was the director (Title VI, Part A) and co-director (Title VI, Part B) of two U. S. Department of Education grants. She also serves as an external grant reviewer for the U. S. Department of Education.

Eugene Scassa

Scassa International Scholar-in-Residence
Email: escassa@stmarytx.edu

Full Bio Details
A member of the United States Foreign Service since 1962, Ambassador Scassa served in Africa, Latin America, Europe and the Middle East. He served as Executive Director of the Bureau of Inter-American Affairs from 1986-1990, and concurrently served at the Deputy Assistant Secretary level. In 1990, President Bush nominated Mr. Scassa as Ambassador to Belize, a post he held for nearly four years. He served as Assistant to U.N. Ambassador Madeleine Albright. Ambassador Scassa retired from the Foreign Service in 1997. He originally joined St. Mary's University in 1994 as Diplomat-in-Residence, and served on the faculty until spring 2000. Ambassador Scassa returned to St. Mary's University in 2006 to the position of International Scholar-in-Residence. Read more about Ambassador Scassa and his dedication to community and public service in State Magazine (October 2000 edition, pdf pages 30 and 31).

Brian Toyne, Ph.D.

Professor Emeritus
Phone: (210) 431-4381
Email: btoyne@stmarytx.edu
Full Bio Details
Ph.D., Georgia State University, 1975

A graduate of Georgia State University, Brian Toyne, Ph.D., is widely regarded as a leading scholar in international business. He is the author or co-author of ten books, dozens of refereed journal articles and other publications. In addition, he is a consultant to many schools on their internationalization efforts. Prior to joining St. Mary's University, he was director of the doctorate program in international business at the University of South Carolina.

Most recently, he was a past chair of the International Management Division, Academy of Management, a past vice-president of the Academy of International Business, former Fulbright Scholar to Colombia, associate editor of the Journal of International Business Studies and consultant to UNIDO. Toyne is a Fellow of the Academy of International Business and active as a teacher, researcher and mentor.