The Minor in International Business will be attractive to students who plan careers with an international orientation and who wish to add breadth to their major. The minor is designed for students who desire to increase their understanding of various regions of the world and the global marketplace.
The minor in international business is administered by the Broad College of Business and is available as an elective to students who are enrolled in bachelor’s degree programs in the Broad College.
To be considered for admission, a student must be admitted to a major within the Broad College of Business: accounting, finance, human resource management, management, marketing and supply chain management.
These requirements apply to all students admitted to the Minor in International Business from fall 2018 to present. For students already admitted to the Minor in International Business prior to fall 2018, please view your curriculum following these requirements.
A course taken to fulfill this requirement may not be used within requirement 2.
3 credits
Comparative advantage. Costs and benefits of trade. International economic policies. Balance of payments. Foreign exchange markets. The international monetary system. Contemporary trade and international currency issues.
View full course description at the Office of the Registrar.
3 credits
Financial management of multinational firms. Theoretical and applied aspects of international capital budgeting, capital structure, cash management, asset pricing and risk management. Cross-cultural and ethical considerations.
View full course description at the Office of the Registrar.
3 credits
The impact of international law on business practices including sustainability and ethics. Government regulation of international business.
View full course description at the Office of the Registrar.
3 credits
International management issues, including national culture, leadership, decision making, team performance, communication, negotiations, structure and personal career implications of international management.
View full course description at the Office of the Registrar.
3 credits
Marketing decisions, strategies and operations of the firm involved in international business. Researching global market opportunities and formulating market entry strategies. Developing and implementing the international marketing program.
View full course description at the Office of the Registrar.
3 credits
Strategic understanding of the international agri-food system. Analysis of global production, marketing and consumption. Knowledge of changing conditions in international industries and markets. Global trends and opportunities.
View full course description at the Office of the Registrar.
3 credits
Advertising decisions and consumer behavior. Political systems, literacy rates, new technologies, consumer behavior and culture. Decision-making, strategy, media selection, creative execution and campaign evaluation.
View full course description at the Office of the Registrar.
3 credits
Anthropological perspectives on issues of justice linked to global forces of transnational capitalism, economic development, global governance and international law.
View full course description at the Office of the Registrar.
3 credits
Characteristics and functions of economic systems. Alternative patterns of economic control, planning and market structure. Theories, philosophies and experiences associated with capitalism, socialism and mixed economies.
View full course description at the Office of the Registrar.
3 credits
Economic patterns and policy issues of developing countries such as modern economic growth and structural transformation, state controls versus markets, poverty and human welfare, investments in human resources, and trade and industrialization.
View full course description at the Office of the Registrar.
3 credits
Comparative advantage. Costs and benefits of trade. International economic policies. Balance of payments. Foreign exchange markets. The international monetary system. Contemporary trade and international currency issues.
View full course description at the Office of the Registrar.
3 credits
Analysis of structure and performance of planning, transition economy and post-transition economy in Russia and the Commonwealth of Independent States (CIS) with focus on micro foundations of macroeconomic outcomes.
View full course description at the Office of the Registrar.
3 credits
Topics in development economics, such as growth, technological change, structural transformation, poverty and inequality, investment in human resources, trade, international capital flows and the political economy of policy formation and governance.
View full course description at the Office of the Registrar.
3 credits
Population growth, agriculture and urbanization. Dependence on primary exports and import protection. Inequality and populist-orthodox policy cycles. Hyper-inflation, international debt crises and adjustments. United States policy interests and interventions.
View full course description at the Office of the Registrar.
3 credits
Development of agriculture, industry, labor markets and trade in some of the following: India and South Asia, China, the Pacific Rim countries and Japan. Productivity, income distribution, finance and planning.
View full course description at the Office of the Registrar.
3 credits
African economic development in historical perspective. Contemporary development issues including agricultural policies, industrial development, foreign trade and aid, human resource investments, AIDS and the political economy of economic and political policies and reforms.
View full course description at the Office of the Registrar.
3 credits
Neoclassical and modern theories regarding trade patterns and commercial policies. Applications of theory to United States policy. Contemporary issues involving international trade of goods, services and productive factors.
View full course description at the Office of the Registrar.
3 credits
Analytical methods for evaluating economic impacts of environmental policies and understanding the economic causes of environmental problems.
View full course description at the Office of the Registrar.
3 credits
Law of contracts and sales, commercial paper, secured transactions, consumer credit and debtor-creditor relationships.
View full course description at the Office of the Registrar.
3 credits
The impact of international law on business practices including sustainability and ethics. Government regulation of international business.
View full course description at the Office of the Registrar.
3 credits
Environmental law and sustainability for business from comparative as well as local, national and international perspectives.
View full course description at the Office of the Registrar.
3 credits
International management issues, including national culture, leadership, decision making, team performance, communication, negotiations, structure and personal career implications of international management.
View full course description at the Office of the Registrar.
3 credits
International and cross-cultural study of business decisions, enterprises, markets and institutions. Globalization of industries and firm competitiveness. International business transactions and entry strategies.
View full course description at the Office of the Registrar.
3 credits
Marketing decisions, strategies and operations of the firm involved in international business. Researching global market opportunities and formulating market entry strategies. Developing and implementing the international marketing program.
View full course description at the Office of the Registrar.
The completion of an education abroad program (6 credits minimum) or pre-approved international internship (credit or non-credit) as approved by the Broad College of Business. For more information or guidance, please see a Broad College advisor.
Demonstrate competency in a foreign language equivalent to four semesters of study at the university level.
The results of the Michigan State University foreign language placement test will be considered in determining whether the student has fulfilled this requirement. For more information on the placement test, please visit the Center for Language Teaching Advancement (CeLTA).
Language course credit/equivalency means students will be completing courses through the “202-level.” If students begin at a higher level, fewer than four semesters will be needed to complete the “202-level” requirement.
For more information or guidance, please see a Broad College advisor.
These requirements apply only to students admitted to the Minor in International Business prior to fall 2018.
With the approval of the department and college that administers the student’s degree program, the courses that are used to satisfy the minor may also be used to satisfy the requirements for the bachelor’s degree.
The student must complete the requirements specified below with a grade point average of 2.0 in all courses taken to fulfill requirements 1 through 5.
3 credits
International and cross-cultural study of business decisions, enterprises, markets and institutions. Globalization of industries and firm competitiveness. International business transactions and entry strategies.
View full course description at the Office of the Registrar.
3 credits
Financial management of multinational firms. Theoretical and applied aspects of international capital budgeting, capital structure, cash management, asset pricing and risk management. Cross-cultural and ethical considerations.
View full course description at the Office of the Registrar.
3 credits
The impact of international law on business practices including sustainability and ethics. Government regulation of international business.
View full course description at the Office of the Registrar.
3 credits
International management issues, including national culture, leadership, decision making, team performance, communication, negotiations, structure and personal career implications of international management.
View full course description at the Office of the Registrar.
3 credits
Marketing decisions, strategies and operations of the firm involved in international business. Researching global market opportunities and formulating market entry strategies. Developing and implementing the international marketing program.
View full course description at the Office of the Registrar.
3 credits
Characteristics and functions of economic systems. Alternative patterns of economic control, planning and market structure. Theories, philosophies and experiences associated with capitalism, socialism and mixed economies.
View full course description at the Office of the Registrar.
3 credits
Economic patterns and policy issues of developing countries such as modern economic growth and structural transformation, state controls versus markets, poverty and human welfare, investments in human resources, and trade and industrialization.
View full course description at the Office of the Registrar.
3 credits
Comparative advantage. Costs and benefits of trade. International economic policies. Balance of payments. Foreign exchange markets. The international monetary system. Contemporary trade and international currency issues.
View full course description at the Office of the Registrar.
3 credits
Analysis of structure and performance of planning, transition economy, and post-transition economy in Russia and the Commonwealth of Independent States (CIS) with focus on micro foundations of macroeconomic outcomes.
View full course description at the Office of the Registrar.
3 credits
Topics in development economics, such as growth, technological change, structural transformation, poverty and inequality, investment in human resources, trade, international capital flows and the political economy of policy formation and governance.
View full course description at the Office of the Registrar.
3 credits
Population growth, agriculture and urbanization. Dependence on primary exports and import protection. Inequality and populist-orthodox policy cycles. Hyper-inflation, international debt crises and adjustments. United States policy interests and interventions.
View full course description at the Office of the Registrar.
3 credits
Development of agriculture, industry, labor markets and trade in some of the following: India and South Asia, China, the Pacific Rim countries and Japan. Productivity, income distribution, finance and planning.
View full course description at the Office of the Registrar.
3 credits
African economic development in historical perspective. Contemporary development issues including agricultural policies, industrial development, foreign trade and aid, human resource investments, AIDS and the political economy of economic and political policies and reforms.
View full course description at the Office of the Registrar.
3 credits
Neoclassical and modern theories regarding trade patterns and commercial policies. Applications of theory to United States policy. Contemporary issues involving international trade of goods, services and productive factors.
View full course description at the Office of the Registrar.
3 credits
Neoclassical and modern theories pertaining to balance of payments and exchange rate determination. Macroeconomic performance under alternative exchange rate regimes. Contemporary issues involving international monetary arrangements.
View full course description at the Office of the Registrar.
3 credits
Financial management of multinational firms. Theoretical and applied aspects of international capital budgeting, capital structure, cash management, asset pricing and risk management. Cross-cultural and ethical considerations.
View full course description at the Office of the Registrar.
3 credits
The impact of international law on business practices including sustainability and ethics. Government regulation of international business.
View full course description at the Office of the Registrar.
3 credits
Environmental law and sustainability for business from comparative as well as local, national and international perspectives.
View full course description at the Office of the Registrar.
3 credits
International management issues, including national culture, leadership, decision making, team performance, communication, negotiations, structure and personal career implications of international management.
View full course description at the Office of the Registrar.
3 credits
Marketing decisions, strategies, and operations of the firm involved in international business. Researching global market opportunities and formulating market entry strategies. Developing and implementing the international marketing program.
View full course description at the Office of the Registrar.
Complete an additional three credits in a course with international content. Courses not used to fulfill requirement 3. above may be used to fulfill this requirement. Any other course must be approved by the student’s advisor prior to enrollment in the course.
Completion of a study abroad program (six credits) or a pre-approved international internship (noncredit).
Demonstrate competency in a foreign language equivalent to four semesters of study at the university level (through the 202 level). The results of the MSU foreign language placement test will be considered in determining whether or not the student has fulfilled this requirement.
For students who begin at the 101 level, four semesters will be needed to complete the 202 course. For students who begin at a higher course level, fewer than four semesters will be needed to complete the 202 course (example: students who begin in FRN 201 because of their placement test score will need 2 courses to complete the requirement – FRN 201 and FRN 202).
If you believe that your foreign language skills are sufficient for the language requirement, you can take a foreign language placement test. Some tests are offered online and others can be taken by request.