Course description
Programme description
-This programme is delivered by a group of world-renowned scholars, many with practical experience in business and public policy.
-The programme encompasses a wide spectrum of subjects
including international strategy, comparative corporate
governance, international finance, European integration and
Asian business practices.
-The programme is highly international, with faculty from over ten countries and a diverse student body from all regions of the world.
The programme provides a stimulating learning environment using various techniques to link theoretical knowledge to good business practice. You will have the chance to pursue your own interests via a selection of optional modules and dissertation topics. Our objective is to develop your management talent and provide you with the global capabilities required for business success.
Programme format and assessment
Term One: the international business environment; how and why businesses differ around the word. Term Two: Advanced international and comparative management topics; opportunity to pursue own interests. Term Three: individual research project (10,000 words).
Programme modules for MSc International Management
Comparative Human Resource Management
HRM in comparative perspective; HRM issues in international organizations; The impact of national and organizational culture on HRM; Debates on globalisation and the role of HRM; Understanding the impact of different institutions on HRM policy and practice; The role of the European Union; Comparative analysis of management values and international teams; Comparative analysis of training, development and career systems; Comparative analysis of industrial relations and reward systems; The strategic management of human resources in an international context.
Comparative Management
Perspectives on comparative management; Analysis of management decision areas; Charting broad geographical clusters; Analysis of national systems, in a representative range of countries; The role of supranational bodies and institutions and the case of the European Union; The nature and process of globalisation; Approaches to the analysis of national cultures; The comparative analysis of selected management decision areas; Convergence, divergence, and transference.
Economic Integration and Europe
Institutional and historical development of European integration and its impact on business environment; Theory of economic integration: business, market integration and monetary integration; Market integration, intra-European specialisation in production and trade; Location and investment decisions, agglomeration, and business performance; Regional Policy: structural funds and other forms of regional policy in Europe; Monetary integration: one market one money?; Business cycles and optimal currency areas; The Stability Pact, fiscal convergence and fiscal competition; East-West integration: macroeconomic stability, productivity, and migration; A reflection on the past and a vision for the future: Europe in the new millennium.
International Business Strategy
The Global Trade and Investment Environment; Forms of International Business; Globalisation, Competitive Advantage and Business Strategy; Theories of the Multinational Enterprise; International Business and International Trade Theory; Strategy and the Multinational Enterprise; Location of MNE Activity; The Choice of Entry Mode; The Organisation of MNE Activity; Governments and MNEs; The Effects of MNEs on Host and Home Economies; Case Studies of Business Strategies in Manufacturing; Case Studies of Business Strategies in the Service Sector.
International Finance and Accounting
Multinational financial management - an overview; International investment appraisal; The determination of exchange rates -international parity conditions and other forecasting models; Valuation models of bonds and equities; Derivatives - futures, options and forward contracts; Exchange rate risk management; International mergers and acquisitions; Multinational capital budgeting and the cost of capital; Long term financing; International accounting differences and harmonization; Multinational transfer pricing; Accounting for intellectual capital.
International Marketing
Establishing differences between domestic and international marketing; analysis & planning for international markets; market entry strategy and modes; marketing in emerging markets; marketing and culture; communication and the international promotions mix; international product and brand positioning decisions; pricing, financing and payments in international markets.
Methodologies of the Social Sciences Research Project
The research project counts for 60 credits and is designed to give students experience in defining and researching a specific topic in the field of International Management, building on the subject knowledge gained through taught courses and applying the methodological principles gained through the research methods course. The core aims are: 1.To provide an opportunity for in-depth study of a specific issue in the field of International Management. 2.To enable students to explore the relationship between International Management theory and practice through empirical work. 3.To foster a capacity for independent work in the field of International Management. 4.To develop a capacity to structure a topic for investigation that meets academic criteria and the constraints of time and resources. 5. To develop capability in the design of research, data collection, analysis and reporting. Topics will be chosen in consultation with academic supervisors.
Research Methods in Management
Research design, Key stages in the research process, Basic concepts in research and statistical analysis.
The Business Environment in the Asia-Pacific Region
The Asia-Pacific Economies; The East Asian Miracle; Regionalism and Regional Integration in Asia; The Asian Financial Crisis, and subsequent economic recovery; International Politics of Asia; Business Systems in East Asia; The Economic Development of China; The Internationalisation of the Japanese Economy; Case Study: the Automobile Industry in East Asia; Case Study: the Textile Industry in East Asia.
