The Global Management specialization track has been designed with the needs of the world’s future top managers in mind. It aims to provide the tools and knowledge for those managers to succeed in today’s dynamic global economy.
The three specialization modules of this track aim to provide the participants with the international business theory which is vital for managers of companies competing in the international marketplace.
International Business Law
The objectives of this module are the following:
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To provide the students with in-depth knowledge of the legal aspects of international business.
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To examine how legislation and regulations impact on international business worldwide and how the international manager can develop international strategies which take into account foreign legislation.
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To assist business school students in becoming familiar with the legal vocabulary and mastering fundamental concepts of international law as they pertain to business.
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To assist the students in applying legal concepts to real life situations, through legal case analysis and problem solving.
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To develop the skills of legal research, organization of the researched material, team work, public speaking, through group oral presentations of GATT related and trade areas (NAFTA, E.U.) topics.
International Financial Management
The international financial environment is increasingly complex. Multinational firms, as compared to purely domestic ones have greater opportunities in terms of diversification, scale economies, and larger cost effective financing sources. On the other hand they also face greater risks: political instability, exchange rate fluctuations, and complex fiscal regulations.
Since, multi-nationality is an increasing feature of modern business, managers of firms (be they international or domestic) must have some of the knowledge and skills required by multinational business. The rapidly increasing integration of capital markets renders this even more imperative. This course is, therefore, intended to expose students to the concepts, techniques and instruments of international financial management.
Its objectives are threefold, namely:
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To understand the international financial environment and its evolution
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To apprehend the influences of international business on financial management
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To master the basic techniques of solving international financial problems involving money flows in foreign currency or currencies different from the reference currency, and concerning the investment decision process.
Business in the Global Environment
Understanding the general environment of international business in the context of globalisation and the emergence of “the new economy” including the parts played by government & international institutions, regulations, world monetary and trade systems, global ethics, social responsibility, cultural diversity, equality of opportunity, environmental concerns, economic development, technology, education and political risk.
Given the spread of economic liberalism in the post-cold war era, the course will focus on the contrast between globalisation as promulgated by Anglo-American liberalism and other approaches to managing global economic change, particularly those aiming at sustainability and cultural integrity.