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International Business

Degree Options

Bachelor of Science in Business and Administration degree with a major in international business.

Description of Program

The international business major prepares students for work in organizations whose owners, employees, customers and/or suppliers are not confined to the borders of one nation. Those who choose this major will learn about marketing goods and services around the world, global distribution networks, exchange rates and the different forms of ownership and financing that exist in non-U.S. countries. They will consider the dramatic impact of culture on the behavior of individuals in organizations and on the contracting and negotiating process of international trade. They will compare the business climate of developed and underdeveloped nations and learn how companies compete in a global business economy. International business students are exposed to ethical issues and the impact of business decisions on global ecology. The curriculum requires a strong foundation of language and culture, history, geography and political science along with the business core classes. International business students are encouraged to include a study-abroad semester in their program.

The International business major is designed for students seeking specialized education in operations of international enterprises, international banks and government agencies. Such organizations include all forms of business; the departments of Commerce, State, and Treasury; international institutions such as the Export-Import Bank, World Bank and Overseas Investment Corporation; and several state and local agencies.

The international business major is the only major in the CBPA that requires proficiency in a second language.  The program is designed to encourage a semester-abroad experience.

The program has significant overlap with the international relations major in the college of Arts and Sciences, allowing for a convenient double major or, if a student was drawn to the international arena, but didn’t know if he/she wanted the business side or the poitical side, he/she could start in one major and change later without much penalty.    

Requirements for Major

Non-business requirements:

  • Psychology 1 (Introductory Psychology)
  • Geography 3 (World Regional Geography)
  • Political Science 65 (Comparative Politics)
  • Foreign language
  • Three area study courses

Students must demonstrate proficiency in a language other than their native tongue. Proficiency can be demonstrated by college credit or equivalent, including certification exam credit, for a language through the intermediate level (second year, college level). Non-English native speakers demonstrate foreign language proficiency implicitly by taking their classes in English while at Drake.

The area study consists of three courses drawn from anthropology, geography, history, political science or economics. All three courses cannot be in the same subject area and at most one course can be in economics. The student may choose either a global perspective (world geography, world politics and modern world history) or a particular region of the world to study from among Europe, Asia, Africa or Latin America.

Business requirements:

  • Business 170 (International Business)
  • Finance 170 (International Finance)
  • Marketing 170 (Global Marketing)
  • Management 145 (Organizational Theory)
  • Management 160 (Planning and Control of Operations)
  • Economics 130 (International Economics)
  • Economics 175 (Economic Development)

It is recommended students take Business 170 and Finance 170 in the fall of the senior year and Management 160 and Marketing 170 in the spring of the senior year. The timing of the other major courses depends highly on the timing of a study-abroad semester, if taken.

Participation in a semester-abroad program is highly encouraged. The best time for this experience is in the spring of the sophomore year or the fall or spring of the junior year. A semester abroad requires careful identification of courses abroad that satisfy graduation requirements and careful scheduling of courses before and after the study-abroad semester. Students work with their advisers and with the Center for International Programs and Services to select study-abroad programs and to schedule classes.

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