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MSC INTERNATIONAL BUSINESS GENERAL INFORMATION August 14, 2014 Michael Kisser, Profile coordinator, Department of Finance 1 a 7 n . n e0 .7 . b j2 0 o r1 5 g e @ n h h . n o Generalists versus specialists! 2 1 a 7 n . n e0 .7 . b j2 0 o r1 5 g e @ n h h . n o The MIB makes you an educated generalist! How does globalisation impact business decisions? What are macroeconomic implications of foreign direct investment? How do you create a strategy to compete internationally? Why are some companies more successful than others? How does country risk affect financial decision making? What is it like to work in international teams? Which macroeconomic factors are important for multinationals? What ethical challenges will I meet when working internationally? How can I be a good leader of an international workforce? How do cultural differences affect international business? 3 1 a 7 n . n e0 .7 . b j2 0 o r1 5 g e @ n h h . n o Selected admission statistics for international intake • International applications have increased from 377 in 2009 to 678 in 2013 • Average GMT: 680 (required 600) • Nationalities of accepted students (2013) - Brazil China, Croatia, Czech Republic Germany Iceland, Italy, Latvia Mexico Pakistan, Poland Russia Serbia, Singapore, South Korea, Spain Tanzania, Turkey Venezuela 4 1 a 7 n . n e0 .7 . b j2 0 o r1 5 g e @ n h h . n o More details in follow up session AUDITORIUM 22 11:15 – 11:45 12:00 – 12:30 5 1 a 7 n . n e0 .7 . b j2 0 o r1 5 g e @ n h h . n o Why International Business? • Most business is international • International perspective is reflected in set of core courses • Courses are held in English • International curriculum eases international job interviews • Many of the courses are CEMS courses, so you will meet students from the prominent CEMS business school network 6 1 a 7 n . n e0 .7 . b j2 0 o r1 5 g e @ n h h . n o International Business at NHH • You get a unique opportunity to work in a multicultural environment here at NHH • You get to develop your intercultural skills working in teams with people from other nationalities • This is also useful when working in Norway, as Norwegian businesses increasingly recruit internationally 7 1 a 7 n . n e0 .7 . b j2 0 o r1 5 g e @ n h h . n o Current Structure of Program • Total Credits: 120 ECTS - 12 Courses: 90 ECTS - Master Thesis: 30 ECTS • Course Composition - 6 Core Courses - 6 Elective Courses • Optional exchange semester 8 1 a 7 n . n e0 .7 . b j2 0 o r1 5 g e @ n h h . n o 6 Core Courses from INB Profile At least 2 courses out of 5: - INB422 International Strategy - FIE433 International Finance - INB400 International Organization and Management - INB401 International trade and macroeconomics - INB427 Globalization and Integration 9 1 a 7 n . n e0 .7 . b j2 0 o r1 5 g e @ n h h . n o 6 Core Courses from INB Profile Additional Courses with INB Code - INB423 International marketing - INB421 International business and nonbusiness accounting - INB429 EU law - INB403 Global management practice - INB425 Chinese Challenges - INB426 Shipping economics - INB428 Topics in international economic history in the 19th and 20th centuries 10 1 a 7 n . n e0 .7 . b j2 0 o r1 5 g e @ n h h . n o 6 Core Courses from INB Profile INB profile courses with FIE, BUS, and MBM Codes - FIE402E Corporate finance - FIE428 Cases in corporate finance - FIE435 Applied Finance - BUS437 Valuation, financial analysis and accounting: an introduction - BUS400E Management control - BUS403 Supply chain management - MBM420 Brand Strategy 11 1 a 7 n . n e0 .7 . b j2 0 o r1 5 g e @ n h h . n o 6 Core Courses from INB Profile INB profile courses with ECO, SAM, STR and ETI Codes - ECO426 Globalization, firm behaviour, and public policy - SAM468 International fisheries management - SAM460 Petroleum economics - STR444 Innovation management and entrepreneurship - STR402 Methodology for master thesis - ETI450 Corporate social responsibility 12 1 a 7 n . n e0 .7 . b j2 0 o r1 5 g e @ n h h . n o 6 Elective Courses • These may be chosen freely among all the courses, including other courses from the INB profile - International students may choose freely, irrespective of profile - Norwegian students need to choose 4 courses from a different profile to get a minor, in addition to two freely elected courses 13 1 a 7 n . n e0 .7 . b j2 0 o r1 5 g e @ n h h . n o Choosing 3 ENE seminars is one option: • You may choose 3 ENE seminars (2.5 ECTS each) as one of your six elective subjects (seminars do not have to be taken in the same semester). • ENE451 – Risk management and safety • ENE452 – Global aspects of climate change and ethical challenges • ENE458 – The economics and politics of global agriculture and trade • http://www.nhh.no/no/studentsider/faginformasjon/studier-ved-nhh(studiehåndboken)/studiehåndboken.aspx?EmneKomb=1&Studie= ENE&lang=en 14 1 a 7 n . n e0 .7 . b j2 0 o r1 5 g e @ n h h . n o Exchange • You can go on exchange for one term • Normally in your third semester • The exchange will normally be your minor 15 1 a 7 n . n e0 .7 . b j2 0 o r1 5 g e @ n h h . n o Master Thesis • Can focus on a single topic (”standard thesis”) • Write a combination of a maximum of three thematically related articles • Two students may cooperate • Recent examples: - Strategic challenges facing international oil companies - Public-private partnerships in Europe and the developing world - Accounting for nonprofit organizations: a case study of British Red Cross - A critical analysis of the Dodd-Frank Wall Street reform and consumer protection act 16 1 a 7 n . n e0 .7 . b j2 0 o r1 5 g e @ n h h . n o Where do we find INB alumni? http://www.nhh.no/en/study-at-nhh/masterprogrammes/career-opportunities/alumni-careers.aspx INB alumni work in a number of countries, e.g. the USA, Germany, Kenya, Brazil, Switzerland, France, Britain, India ... And of course in Norway 17 1 a 7 n . n e0 .7 . b j2 0 o r1 5 g e @ n h h . n o Velkommen! Welcome as a student of the International Business profile Questions? Contact [email protected] 18