Dual Majors
Because the International Business program is already interdisciplinary, it is very easy for students to fulfill a dual major. Students are encouraged to consider this option. The International Business major can easily be combined with one of several other business majors. Students can also form a dual major with French, German, Spanish or International Relations, especially when combined with a study abroad semester.
International Business Curriculum
| 1. | ENG 101, ENG 102, RST 101, PHI 101 (4 courses) | (12 credits) | |||
| 2. | Area Studies: Two courses from each of these areas: I, III, IV, V, VI, VIII1 (12 courses) |
(36 credits) | |||
| 3. | Major course requirements: (23 or 22 courses) | ||||
| a. Common body of business knowledge: | |||||
| QNT 101 Quantitative Methods for Business | (3 credits) | ||||
| AND | |||||
| MAT 106 Calculus for the Non-Sciences | (3 credits) | ||||
| OR | |||||
| MAT 115 Calculus for Business I | (4 credits) | ||||
| ACC 201 Financial Accounting | (3 credits) | ||||
| ACC 202 Managerial Accounting | (3 credits) | ||||
| ECO 101 Principles of Macroeconomics | (3 credits) | ||||
| ECO 102 Principles of Microeconomics | (3 credits) | ||||
| ECO 255 Business Statistics I | (3 credits) | ||||
| ECO 256 Business Statistics II | (3 credits) | ||||
| FIN 201 Introduction to Finance | (3 credits) | ||||
| ISB 101 Management Technology | (3 credits) | ||||
| MGT 101 Introduction to Management | (3 credits) | ||||
| MGT 325 Operations Analysis | (3 credits) | ||||
| MGT 370 Managerial Environment | (3 credits) | ||||
| MGT 446 Managerial Policy Strategy | (3 credits) | ||||
| MKT 201 Principles of Marketing | (3 credits) | ||||
| b. International Busines majors: | |||||
| IBS 301 Fundamentals of International Business | (3 credits) | ||||
| MGT 472 Comparative Management Systems | (3 credits) | ||||
| MKT 475 International Marketing | (3 credits) | ||||
| FIN 460 International Finance | (3 credits) | ||||
| International Business Electives (3 courses) | (9 credits) | ||||
| 4. | Electives (2 or3 courses) | (6-9 credits) | |||
| TOTAL (40 courses) | (120-121 credits) | ||||
Recommended Schedule:
| Fall | Spring | |||
| Freshman Year | ||||
| ENG 101 | 3 credits | ENG 102 | 3 credits | |
| QNT 101 or MAT 111 or 115 |
3 or 4 credits | MAT 106 or Elective | 3 credits | |
| ECO 101 | 3 credits | MGT 101 | 3 credits | |
| ISB 101 | 3 credits | ECO 102 | 3 credits | |
| Modern Language 215 | 3 credits | Modern Language 216 | 3 credits | |
| Total | 15 or 16 credits | Total | 15 credits | |
| Sophomore Year | ||||
| PHI 201 | 3 credits | RST 101 | 3 credits | |
| ACC 201 | 3 credits | ACC 202 | 3 credits | |
| MKT 201 | 3 credits | AS IV | 3 credits | |
| AS IV | 3 credits | ECO 256 | 3 credits | |
| ECO 255 | 3 credits | FIN 201 | 3 credits | |
| Total | 15 credits | Total | 15 credits | |
| Junior Year | ||||
| IBUS 301 | 3 credits | AS III | 3 credits | |
| AS III | 3 credits | MGT 472 | 3 credits | |
| MGT 325 | 3 credits | MKT 475 | 3 credits | |
| FIN 460 | 3 credits | IBUS Elective | 3 credits | |
| AS III | 3 credits | AS VI | 3 credits | |
| Total | 15 credits | Total | 15 credits | |
| Senior Year | ||||
| IBUS elective | 3 credits | MGT 446 | 3 credits | |
| MGT 370 | 3 credits | IBUS Elective | 3 credits | |
| AS I | 3 credits | AS V | 3 credits | |
| AS V | 3 credits | Elective | 3 credits | |
| AS VI | 3 credits | Elective | 3 credits | |
| Total | 15 credits | Total | 15 credits | |
| TOTAL | 120-121 credits |
Double Major in International Business and International Relations
The director of the International Business Program has worked closely with the International Relations Program to develop a double major in the two disciplines. To complete the major in International Business, a student must take IBUS 301 (Fundamentals of International Business), FIN 460 (International Finance), MGT 472 (Comparative Management) and MKT 475 (International Marketing), plus three international business electives. In order to receive International Business major elective credit, a course must be approved by the director of the International Business Program. Of those courses offered under the auspices of the International Relations Program, the following — HIS 300 (Historical Geography), HIS 331/PSC 355 (European Union) and PSC 442 (Seminar in International Relations) — are among those that have been approved for International Business major credit.
A student pursuing a double major in International Business and International Relations must also complete the core curriculum in the School of Business consisting of: QNT 101 (Quantitative Methods for Business, MAT 106 (Calculus for the Non-Sciences) or MAT 115 (Calculus for Business), ACC 201 (Financial Accounting), ACC 202 (Managerial Accounting), ECO 101 (Macroecomics), ECO 102(Microeconomics), ECO 255 (Business Statistics I), ECO 256 (Business Statistics II), FIN 201 (Introduction to Finance), MGT 101 (Introduction to Management), ISB 101 (Management Technology), MGT 325 (Management Science), MGT 370 (Managerial Environment), MGT 446 (Managerial Policy) and MKT 201 (Principles of Marketing).
Recommended Schedule for a Double Major in International Business and International Relations:
| Fall | Spring | |||
| Freshman Year | ||||
| ENG 101 | 3 credits | ENG 102 | 3 credits | |
| QNT 101 | 3 credits | MAT 106, MAT 111 OR MAT 115 |
3 credits | |
| ECO 101 | 3 credits | MGT 101 | 3 credits | |
| HIS 107 OR HIS 109 OR HIS 131 |
3 credits | HIS 108 OR HIS 110 OR HIS 132 |
3 credits | |
| Modern Language 215 | 3 credits | Modern Language 216 | 3 credits | |
| Total | 15 credits | Total | 15 credits | |
| Sophomore Year | ||||
| PHI 101 | 3 credits | RST 101 | 3 credits | |
| ACC 201 | 3 credits | ACC 202 | 3 credits | |
| MKT 201 | 3 credits | ECO 255 | 3 credits | |
| ISB 101 | 3 credits | ECO 102 | 3 credits | |
| PSC 140 | 3 credits | PSC 150 | 3 credits | |
| Total | 15 | Total | 15 credits | |
| Junior Year | ||||
| IBUS 301 | 3 credits | MGT 472 | 3 credits | |
| ECO 256 | 3 credits | MGT 370 | 3 credits | |
| FIN 460 | 3 credits | PSC 345 OR HIS 399 | 3 credits | |
| MGT 325 | 3 credits | AS VI Religion (IR elective) |
3 credits | |
| AS III OR Language 300 level |
3 credits | MKT475 | 3 credits | |
| AS I Nat. Science | 3 credits | |||
| Total | 15 credits | Total | 18 credits | |
| Senior Year | ||||
| IR/IB elective-HIS 300 | 3 credits | MGT 446 | 3 credits | |
| IR Major elective | 3 credits | IR/IB elective-PSC 442 | 3 credits | |
| AS VI Religious Studies (IR elective) |
3 credits | AS V Philosophy | 3 credits | |
| AS V Philosophy | 3 credits | IB/IR Elective | 3 credits | |
| IR Major elective | 3 credits | IR Major elective | 3 credits | |
| AS III or Language 300 level |
3 credits | |||
| Total | 18 credits | Total | 15 credits | |
| TOTAL | 129 credits |
Students pursuing a double major in International Business and International Relations will most likely have to take two or three additional courses to satisfy core curriculum requirements and the requirements of the two majors. The number of additional courses will depend upon the level of the student’s math and language skills when entering Canisius and upon the award of AP credit.
A double major in International Business and International Relations must also fulfill the International Experience requirement.
Double Major in International Business and Modern Languages
Students interested in a dual major with a Modern Language must complete all the requirements of the International Business Major and 8 language courses beyond 216. The language courses may be fulfilled using Free Electives and Area Studies III courses. The remainder of the requirements can be fulfilled by taking 6 courses per term and by transferring courses from Study Abroad programs. Students with this dual major are advised to stay in close contact with the director of the International Business program and the chair of Modern Languages.
Courses 2007-2009
ACC 201 Financial Accounting 3 Credits
Introduction to accounting concepts for external financial reporting. Accounting theories and principles relative to asset and liability valuations, and income determination.
ACC 202 Managerial Accounting 3 Credits
Introduction to accounting concepts for internal reporting and control. Cash budgeting, decision making, capital budgeting, tax aspects of managerial planning, and performance evaluation. Prerequisite: ACC 201.
ECO 101 Principles of Macroeconomics 3 Credits
Explanation of market system through supply and demand analysis. Measurement of important macroeconomic variables and development of economic model to analyze problems of unemployment, inflation, and economic growth. Efficacy of various fiscal and monetary policies. (AS II)
ECO 102 Principles of Microeconomics 3 Credits
Explanation of how the market system operates in the context of limited resources. Emphasis on the manner in which consumers and firms determine what to produce, how to produce, and for whom to produce. (AS II)
ECO 255 Business Statistics I 3 Credits
Fundamental concepts of probability and statistics with emphasis on business and economic applications. Organizing and describing data. Probability theory. Sampling. Inference. Hypothesis testing. (AS VII)
ECO 256 Business Statistics II 3 Credits
Regression analysis, goodness of fit, contingency tables, analysis of variance, Bayesian decision theory, time series and forecasting. Prerequisite: ECO 255.
FIN 201 Introduction to Finance 3 Credits
An introduction to financial analysis, markets, institutions, and instruments. Topics covered include financial intermediation, interest rate determination, valuation, diversification, and financial management and agency issues.
Prerequisite: ECO 101-102, ACC 201 or 211, ECO 255 (or concurrent registration)
FIN 460 International Finance 3 Credits
Basic understanding, with illustrations, of how to apply elements of international finance to managerial policies and decision-making. Exchange rates and exchange risk. Prerequisite: ECO 101, 102, FIN 201.
IBUS 301 Fundamentals of International Business 3 Credits
An introduction to the fundamentals of international business. Course topics include the comparative advantage of nations, international institutions and organizations, the international aspects of the functional areas of business and development of international business strategies.
LIN 407 International Business Communication 3 Credits
This course focuses on issues attending business communication in linguistically and culturally diverse contexts, drawing upon linguistic theory to explore factors affecting the social consequences of using standard and or official languages and marginalized or prestige dialects in foreign markets. Language loyalty and its relationship to functions of language and effective communication will be investigated. Differing patterns of communicative styles and their impact in communication settings will be addressed.
MGT 101 Introduction to Management 3 Credits
Organization design and administration, including traditional and modern theories. The production function, managerial functions and processes, decision-making, behavioral factors, issues, and case analysis.
MGT 300 International Business Seminar 3 Credits
Three weeks of travel in Europe, either between Fall/Spring semesters or in Summer. Gives exposure to international business environment and to business practices outside U.S.A. Readings; discussions; paper required after return to U.S. Prerequisite: Open to all Business majors and to others by approval. Application to Dr. Vegso.
MGT 325 Operations Analysis for Business 3 Credits
Production/operations strategies and policies with respect to inventory control, capacity planning and scheduling, and quality control. Linear programming and forecasting in managerial decision-making. Prerequisite: QNT 101 and MAT 106 or MAt 115, or other acceptable Mathematics courses
MGT 370 Managerial Environment 3 Credits
Managing interplay between business and society, including political, economic, social, legal, international, ethical environments. Role of market, law, self in control of business. Cases; issues. Prerequisite: MGT 101.
MGT 440 Global Supply-Chain Management 3 Credits
Designed to target the CPIM professional certification examinations in production/operations management, the course will examine supply chain management, operations planning, logistics, and manufacturing issues and practices in a global context. Prerequisite: MGT 336
MGT 446 Managerial Policy/Strategy 3 Credits
Business students' capstone course. Integration of all business disciplines into discussion of goals, strategies, policies, planning, evaluation. Cases provide decision-making experience. Prerequisite: To be taken in the last semester of the senior year.
MGT 472 Comparative Management Systems (International) 3 Credits
International business emphasizing differences in systems. Context and traditions in different countries and regions: social, political, governmental, business, labor, ethical, cultural. Different management and business practices. Managing and doing business within and across many countries. Prerequisite: MGT 101 or permission of instructor.
MGT 473 Language, Culture, and Management 3 Credits
This course will explore the relationship between language and culture on the one hand, and culture and international management on the other. This course can be taken as an elective for the International Minor.
MGT/MKT 474 Doing Business with Canada 3 Credits
Provides a hands-on, in-depth learning environment for international issues in management and marketing. Focuses on the issues around the largest trading partner of the United States: Canada.
MGT 475 International Management 3 Credits
Decision-making models to help the manager deal effectively with the global market place. Stress on situation analysis and problem solving. Prerequisite: MGT 101 or permission of instructor.
MGT/MKT 476 Doing Business with Mexico 3 Credits
Management practices of companies seeking international markets and international marketing management strategies from a global perspective. Analysis of history, geography, economy, demographics and business culture of Mexico. Examination of challenges to the US-Mexico relationship.
MGT/MKT 477 International Marketing in Gateway Regions 3 Credits
Understanding marketing in all cultures is equally important. Emphasis is on the strategic implications of competition in different country markets. The course is designed to stimulate curiosity about the management practices of companies seeking market opportunities outside the home country and to raise the student's consciousness about the importance of viewing international marketing management strategies from a global perspective.
MGT/MGT 478 Global Logistics 3 Credits
The focus of this course is an introduction to the operation and management of the primary modes of international transportation. This will include overviews of Ocean, Air, truck, rail and Intermodal transportation modes. Special attention will be given to service and cost factors, Intermodal methods and economies and customs and government restrictions. Students will develop an appreciation for the intricacies of international logistics.
MGT 495 International Internship
MKT 201 Principles of Marketing 3 Credits
Analytical approach to distribution of goods and services in a market economy. Product, price, promotion, and channel decisions within context of overall environment.
MKT 475 International Marketing 3 Credits
Issues involved in entering operations in an overseas market. Focus on identifying opportunities in world markets and adapting strategies to fit specific national market needs. Prerequisite: MKT 201 or permission of instructor.
PSC 150 Introduction to Comparative Government and Politics 3 Credits
Concepts and methods for comparative analysis of politics in foreign countries. Emphasis on governmental institutions, policy making, and political culture in industrialized and developing countries. Cooperative team learning. (AS II) (ICD)
PSY 320 Cross-Cultural Perspectives in Psychology 3 Credits
Similarities and differences in individual and social functioning in various cultures and ethnic groups. Impact of social, economic, ecological, and biological variables. Formerly PSY 420. (AS II) (ICD)
PSC 355 (HIS 331) European Union 3 Credits
History of European integration and the move to create a coordinated set of European institutions to manage commercial, social, and international issues.