International Business Minor

Effective beginning Miami entry First Semester 2003-2004
Download Minor Information

Minor in International Business

Open to business majors only.

This minor, open only to business majors, offers a concentration of courses providing a foundation for a career in international business. A core of courses from the Farmer School of Business and electives from other disciplines focus on international topics. The minor may be directed toward a specific geographical area of the world.

Program Requirements

  1. Take a total of 21 hours
  2. Take BUS 371 (3)
  3. Take Option A or Option B:

    OPTION A:

    1. ECO 344:  International Economic Relations
    2. AND select TWO of the following*: (6 hours)
      • ACC 383: Comparative Accounting
      • FIN 417:  International Business Finance
      • FIN 464/483:  International Law
      • MGT 304: Cross Cultural Management
      • MKT 425: Global Marketing
      • MKT 471:  International Business Marketing

    OPTION B:

    1. ECO 441:  International Trade (3)
    2. AND select ONE of the following: (3 hours)
      • ECO 442:  International Monetary Relations
      • FIN 417:  International Finance
    3. AND select ONE of the following*: (3 hours)
      • ACC 383 Comparative Accounting
      • FIN 464/483:  International Law
      • MGT 304: Cross Cultural Management
      • MKT 425: Global Marketing
      • MKT 471:  International Marketing

    *And/or any business courses, approved in advance by the School of Business international committee, which are offered on the Luxembourg campus or an approved international summer program.

  • Total: 12
  • Electives: 9
  • Total Required: 21

Additional Information

This minor is interdisciplinary and automatically fulfills the Thematic Sequence requirement.

Suggested Electives

Students selecting the international business minor are required to take a minimum of nine hours of approved electives.  The nine hours must be from at least two different departments and cannot be used to fulfill both the Miami Plan Foundation and the International Business Minor requirements.  The suggested electives are recommended but by no means comprise the extent of courses that would be useful preparation for international business.  You may wish to explore other courses in the disciplines suggested as well as those from other disciplines by an international business adviser in the Richard T. Farmer School of Business.  Upper level language courses that focus in culture and literature are acceptable electives.  One grammar course at the 300 level will be allowed.  Language courses typical at the 100-200 level that stress conversation and grammar cannot be used as electives.  Some courses offered on the Luxembourg campus may be used as electives.

Language Preparation

American businessmen and women must work with, compete against, and negotiate with internationalists who frequently speak fluent English, their native language, and one or more other languages.  To be effective in international businesses as well as comfortable in a different culture, language skills are an important foundation.  The international business requires on year of a second course sequence, proficiency or placement exam.  Foreign language skills, in combination with courses on a specific geographic area, also may provide students with a model and a methodology for understanding different cultures and the direct access to at least one culture through its medium of communication.

Last revised 1/07