International Business
This is the 2011-2012 Undergraduate Bulletin
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International Business
COLLEGE: Business Administration
MAJOR: International Business
DEGREE OFFERED: Bachelor of Science in Business Administration
HOURS REQUIRED: 120 hours for degree (21 hours for the major)
MINIMUM CUMULATIVE GPA: 2.5 for graduation
MINOR AVAILABLE: Yes–for CBA students only
CHIEF ADVISER: D’vee Buss
Students in international business study the business practices of other nations and learn how international trade laws affect the world economy. A background in international business will help students become a better member of the management team of any corporation. From banks to manufacturing firms, an increasing number of industries need professionals who understand the world’s business environment. Import and export firms, agricultural commodities firms, and government and non-government agencies may specifically seek international expertise. Students are encouraged to consult with advisers in the Dean’s Office for Undergraduate Programs for the selection of appropriate courses to meet the requirements for the major.
Students are encouraged to begin thinking about their plans to study abroad during their freshman year by visiting with the advising office staff, and representatives of International Affairs, 420 University Terrace. It is suggested that students begin language and culture courses their freshman year as well. Upper-level course work and study abroad experience should be done sometime in the junior or senior year. The Advising Office will work with students to outline how their study abroad courses will fulfill program requirements.
Because the nature of the major requires careful selection of course work to count for appropriate requirements, students are strongly encouraged to consult with their adviser or a staff member in the Dean’s Office for Undergraduate Programs. For specific prerequisite requirements and concurrent registration options, refer to the individual course descriptions.
Admission requirements for all majors in the College are the same as those for University Admission as noted under UNL General Admission Requirements.
See OTHER section for additional policies and procedures regarding the international business major.
Requirements for students interested in pursuing the bachelor of science degree with a major in international business will complete three components consisting of:
MINIMUM 6 hours of 300/400-level language course work.
NBR 4–ACE 5, Humanities (if not already completed during the freshman/sophomore year) can be fulfilled by taking an approved ACE language course (or approved ACE English for international students) and also counting it to fulfill the language requirement for the IBUS major.
If one is selected, please see an adviser in CBA 114 for exception processing to have it count both places.
MINIMUM 15 hours of 300/400-level course work from approved list.
Double count options for NBR 6–ACE 9 requirements and major are available for students interested in taking any of the following: AECN 346, AECN 367, AECN 420, AECN 425, ECON 321 or MNGT 428. Course work may count for NBR 6–ACE 9 and major OR NBR 6–ACE 9 and minor in which this course work is accepted, but not for both the major AND minor. If selecting this option, please see an adviser in CBA 114 for exception processing to have this count in both places
Approved Business Courses (9-15 hours; minimum 9 business hours):
FINA 429/MNGT 429/MRKT 429 Undergraduate Seminar in Japanese Business (3-6 hrs) (Credit option for student studying on the Nebraska at Senshu (Japan) University Program only.)
BSAD 491 International Studies in Business & Economics (1-15 hrs) (Credit option for students studying abroad for course work with no direct business equivalency.) (Pre-approval for credit required [except as noted below].) (Credit option for students participating in the Pan Pacific Study Tour.)
ECON 321 Intro to International Economics
If not already completed, ECON 321 may double count for the major AND NBR 6–ACE 9, Global Awareness.
ECON 322 Intro to Development Economics (credit cannot be earned in both ECON 322 and AECN 367)
ECON 323 The Economic Development of Latin America
ECON 388 Comparative Economics Systems
ECON 421 International Trade (credit cannot be earned in both ECON 421 and AECN 420)
ECON 422 International Finance
ECON 423 Economics of the Less Developed Countries
ECON 440 Regional Development
ECON 466 & ECON 467 Pro-Seminar in International Relations I & II (Credit option for students participating in the Nebraska at Oxford Program.)
ECON 487 Economies in Transition
FINA 450 International Financial Management
MNGT 398 Global Entrepreneurship (Credit option for students participating in the Pan Pacific Study Tour.)
MNGT 428 International Management (If not completed at this point MNGT 428 may double count for the major and ACE 9.)
MNGT 459/MIST 459 Global Information Systems
MRKT 453 International Marketing (prerequisite requires completion of 6 hours of MRKT course work)
AECN 346 World Food Economics (If not completed at this point AECN 346 may double count for the major and ACE 9.)
AECN 367 Agricultural Development in Developing Countries (credit cannot be earned in both ECON 322 and AECN 367)
AECN 420 International Food & Agricultural Trade (credit cannot be earned in both ECON 421 and AECN 420) (If not completed at this point, AECN 420 is an ACE 9 or ACE 10 and may double count for both the major and either ACE 9 or 10.)
AECN 425 Agricultural Marketing in a Multinational Environment (If not completed at this point, AECN 425 is an ACE 9 or ACE 10 and may double count for both the major and either ACE 9 or 10.)
ANTH 350 Peoples & Cultures of Native Latin America
ANTH 362 Peoples & Cultures of Africa
ANTH 366 Peoples & Cultures of East Asia
GEOG 375 Geography of Asia
GEOG 378 Geography of Latin America
HIST 330 Contemporary Europe
POLS 360 Understanding World Politics
POLS 361 The United Nations & World Politics
POLS 362 Globalization, Human Rights & Diversity
POLS 371 Politics of the European Union
POLS 376 Chinese Politics
POLS 459/ POLS 859 International Political Economy
POLS 464/ POLS 864 Political Economy of the Asia Pacific
POLS 469 International Law
POLS 474/ POLS 874 Comparative Institutions
In addition to completing course work required for the major, students majoring in International Business are also required to participate in a UNL sponsored study abroad experience.
While not required, students should consider a minor in the language (if available) and/or consider options in other departments related to the country of interest (i.e., history, political science, international affairs, Asian studies, ethnic or European studies, Latin American Studies, etc.)
NBR 4–ACE 5 and the major OR
NBR 4–ACE 5 and the minor OR
If not taking for NBR, then for the major AND minor.
See College Degree Requirements–Electives for additional options/restrictions regarding elective credit for the degree.
Enrollment in most upper-level business courses usually requires completion of an introductory course in that major area as well as other prerequisites. Refer to course descriptions EARLY in the program to plan for completion of specific course prerequisites.
Same as College grade rules.
Same as College Pass/No Pass limits.
Same as College GPA requirements.
Enrollment in 300/400-level language courses requires completion of introductory course work or appropriate placement on the Modern Language Placement exam.
Other policies and procedures regarding the international business major.
The entrance requirements for the College of Business Administration are the same as the UNL General Admission Requirements.
The curriculum requirements for the College consist of course work in three areas.
All course work (except electives and where otherwise noted) must be taken for a grade.
The three areas include the following:
Non-Business Requirements (NBR)
– which consist primarily of College and University ACE (Achievement-Centered Education) course work
Business Core
– Foundation (BCF), which also includes ACE 6 & 8
– Intermediate (BCI)
– Advanced-Major (BCA-M)
– Advanced-Capstone (BCA-C), (ACE 10)
Electives
(Most of the ACE requirements)
Choose ONE of the following:
ENGL 101 Writing: Rhetoric & Reading
ENGL 150 Writing: Rhetoric as Inquiry
ENGL 151 Writing: Rhetoric as Argument
Students should refer to the course descriptions to select the one course best suited to individual interests. While several communication courses can be selected to fulfill the university ACE 1 outcome, one of the above is a specific requirement for the College of Business Administration.
Choose ONE of the following:
MATH 104 Calculus for Managerial & Social Sciences (3 cr)
MATH 106 Analytic Geometry & Calculus I (5 cr)
Any advanced calculus course above the 106 level
Notes regarding the selection of course work for NBR 2 (ACE 3):
– A first semester student’s score on the Math Placement Exam will determine eligibility for MATH 104 or 106. The student should select between these classes based on the following sets of circumstances.
– Actuarial Science majors MUST take MATH 106 (or a higher-level calculus).
– Actuarial science majors will also take MATH 107 (5 cr) and MATH 208 (4 cr) and CSCE 101 & CSCE 101L (4 cr).
Students admitted to the College of Business Administration are required to take a Math Placement Examination prior to enrolling in the college math requirement of MATH 104 or MATH 106 (or higher math).
Whether required to enroll in preparation course work first, as indicated on the MPE (MATH 100A, MATH 101 and/or MATH 103), or in one of the required courses, it is critical to begin MATH the first semester on campus.
Choose one course from ACE 4 Certified Courses. (Course credit will vary between 3-4 credit hours.)
Choose one course from ACE 5 Certified Courses.
Choose one course from ACE 7 Certified Courses.
Choose one course from ACE 9 Certified Courses.
Students enrolling for their first semester with junior standing (or more), will see that the list of approved courses includes a few business courses. While this section is labeled “non-business requirements,” students may elect to enroll in one of the business courses to fulfill the ACE 9 requirement as long as prerequisites are completed (which are generally reserved for juniors or seniors). Work closely with your adviser to bring this to their attention and to question how this course may potentially satisfy other degree program requirements, including the major. The options include:
In any of the above instances where a double counting is an option, only 3 hours of credit are awarded; student will still need to meet the 120 hours for graduation.
JGEN 220 Business Communication Strategies
COMM 286 Business & Professional Communication
NOTE: In the selection of course work for any of the above NBR’s, prerequisites, when stated anywhere in this bulletin, means course work MUST BE COMPLETED to enroll in the class. Concurrent enrollment in any identified prerequisite(s) is NOT permitted unless so indicated in the course description.
The foundation and intermediate courses are designed to expose students to the various business disciplines. The advanced courses are those courses identified for each of the nine majors, and the capstone course is taken the final semester of the program. All course work for the Business Core (except where noted differently), must be taken for a grade.
– Foundation: RAIK 181H, RAIK 182H, RAIK 282H & STAT 218
– Leadership Series: RAIK 185H, RAIK 186H, RAIK 285H, RAIK 286H
– Computer Science Foundation: RAIK 183H, RAIK 184H, RAIK 283H, RAIK 383H
ACCT 201 Introductory Accounting I
– Foundation: RAIK 181H, RAIK 182H, RAIK 282H & STAT 218
– the Leadership Series: RAIK 185H, RAIK 186H, RAIK 285H, RAIK 286H
– Computer Science Foundation: RAIK 183H, RAIK 184H, RAIK 283H, RAIK 383H
ACCT 202 Introductory Accounting II
ECON 211 Principles of Macroeconomics
ECON 212 Principles of Microeconomics
Students may pursue and reference specific major requirements by clicking on the major: accounting, actuarial science, agribusiness, business administration, economics, finance, international business, management, or marketing.
Electives round out the rest of the 120 hour curriculum where students have the option to choose courses toward a second major, a dual degree, a minor (or two); or, students can simply select courses of personal interest.
The course must be chosen from the following approved list of International Business Course Requirement (IBCR) courses. Many of these courses have prerequisites. Some are restricted for study abroad and others may only be offered once a year. Thus, you are advised to plan ahead in scheduling this requirement into your program.
BSAD 491 International Studies in Business and Economics (1-15 hrs)
ECON 321 International Economics
If not already completed, ECON 321 may double count for the ECON major AND NBR 6–ACE 9, Global Awareness (or toward an ECON or IBUS minor and NBR 6–ACE 9).
ECON 322 Developmental Economics (not regularly available)
ECON 323 Economic Development of Latin America (not regularly available)
ECON 388 Comparative Economics Systems (not regularly available)
ECON 421 International Trade
ECON 422 International Finance
ECON 423 Economics of Less Developed Countries
ECON 440 Regional Development
ECON 466 & ECON 467 Pro-Seminar in International Relations I & II
Courses for the Nebraska at Oxford Program
ECON 487 Economies in Transition (not regularly available)
FINA 450 International Finance
MNGT 398 Special Topics: Comparative International Small Business Management
Must be taken for a grade to count.
MNGT 428 International Management
If not already completed, MNGT 428 may double count for the MNGT or BSAD or IBUS major AND NBR 6–ACE 9, Global Awareness (or it can count for the MNGT or IBUS minor and NBR 6–ACE 9).
MRKT 453 International Marketing (requires 6 hrs of MRKT prerequisites)
If planned carefully, the IBCR course can count in two places. It is not an extra 3 hours of credit, but rather, is 3 hours embedded within other requirements. If selected carefully, it can also count for 3 hours of credit in the major (i.e. MRKT 453 counts for MRKT elective in MRKT major and would count for the IBCR; FINA 450 counts for FINA elective in FINA major and would fulfill the IBCR as well; etc.). On the other hand, if course work for the major is already determined by personal choices, the IBCR can count in electives, and more specifically, for one of the ‘business’ electives needed for most majors.
As part of the degree requirements, all students must complete 12 hours of 300/400 level course work.
This can be business or non-business course work.
Sixty (60) hours of business courses are required for the BSBA degree.
The required hours WILL VARY BY MAJOR, dependent on how requirements have been accepted and/or completed throughout the previous components of the program. While GENERAL MINIMUM guidelines by major are noted below, the Degree Audit will specify minimum business credit hour expectations for each student. You will generally see this addressed under the ELECTIVE section (BUSINESS ELECTIVES) on DARS.
Course work must be taken for a grade except for 398/399 options where grades are generally not permitted
Other than meeting the minimum requirement for admission to the University, the College does not require any additional work in foreign languages except for the international business major. Students, however, are always encouraged to take language courses.
A minimum of 120 semester hours of credit is required for graduation; more may be necessary if specific degree requirements have not yet been completed. Most students will graduate with 121 hours as BSAD 150 is not applicable toward degree requirements.
While students may earn grades of C- or D, there are restrictions and recommendations for such grades and further enrollment options:
The Pass/No Pass option is designed for students who want to study areas or topics in which they may have minimum preparation. If used for this purpose, the option can enrich the student’s academic experience without lowering the student’s grade point average. Several restrictions apply when considering the Pass/No Pass option:
Exceptions to the above rules are limited to the following and no other exceptions will be made.
A 2.5 cumulative grade point average is required to apply for graduation, as well as a requirement for enrollment in ACCT 201 and ACCT 202, ECON 215, BLAW 371 and BLAW 372, FINA 361, MNGT 331, MNGT 360, MNGT 475, MNGT/MIST or MRKT 350, and MRKT 341. In some instances, a specific grade is required in certain courses to continue with upper-level course work.
See Maximum/Minimum hour restrictions under Course Exclusions and Restrictions
In addition to the Business Core Intermediate and Business Core Advanced and Business Course Advanced Capstone requirements, business students must complete an additional 12 hours of 300/400-level course work in their program (not required for ACTS majors and RAIKES students). Students generally fulfill this requirement through their electives, but there may be a few upper-class students who can fulfill the requirement with the ACE course requirements.
There are many opportunities to earn college credit through the UNL Office of Extended Education and Outreach. While many of these credits may be applicable toward fulfilling college-specific requirements, there are restrictions for enrollment and completion. Please refer to http://onlineundergraduate.unl.edu/ for additional information.
Also:
All students must fulfill the Achievement Centered Education (ACE) requirements. Information about the ACE program may be viewed at ace.unl.edu.
This is the university’s innovative, outcomes-focused general education component designed to enhance the undergraduate experience by providing broad exposure to multiple disciplines, complementing the major and helping students develop important reasoning, inquiry, and civic capacities.
Important rules to remember when selecting course work to meet this requirement:
Students (including transfer students) must follow the Undergraduate Bulletin in effect when they enroll in the College of Business Administration. Students who leave the college and return or those applying for ‘readmission’ to the College are subject to requirements in place at the time of their re-enrollment in the College.
| Quick Points | |
|---|---|
| Attribute | Value |
| College: | Business Administration |
| Degree Offered: | Bachelor of Science in Business Administration |
| Hours Required: | 120 hours for degree (21 hours for the major) |
| Minimum Cumulative GPA: | 2.5 for graduation |
| Minor Available: | Yes–for CBA students only |
| Chief Adviser: | D’vee Buss |
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