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by Jennifer Hicks — last modified May 01, 2008 03:21 PM

This page describes the International Business Minor.

International Business Minor

The International Business minor is designed to be paired with a Smeal major program to provide students with an opportunity to focus on international business. It provides students with knowledge, skills, and experiences that prepare them for a business career that might include international responsibilities.

Students gain perspectives about the challenges and opportunities of commercial activity in a global business environment through five requirements:

  • Courses in fundamental business concepts
  • Courses in international economics or international business
  • Foreign language courses or skills
  • Other courses through approved study abroad programs
  • A course in an international-related topic.

The International Business minor is only open to Smeal business students.

Requirements

IB Minor Application

IB Minor Course Substitution Form

  • A grade of "C" or higher is required in all courses for the I B minor.
  • Students must complete their entire program in order to fulfill the minor. Please note that many programs require a minimum number of credits, and this requirement must be met.
  1. Take all of the following courses (12 credits):
    ACCTG 211, BA 301, BA 302, BA 303, BA 304
  2. Select 6 credits from the following with at least 3 credits at the 400-level (6 credits). Courses cannot double count in any other category:
    IB 303, ECON 333, IB 400-level
  3. Select at least 3 credits of foreign language at Penn State or on a PSU education abroad program.
    Note: Students exempted from the foreign language requirement for their baccalaureate degree must still complete at least 3 credits of foreign language. No AP credit, CLEP credit, transfer credit, or Proficiency exam accepted.
  4. Select a minimum of six credits from an approved Education Abroad program - Students interested in the International Business minor must have their education abroad program pre-approved by the Smeal College Office of International Programs prior to selection and application. No exceptions will be granted.
  5. Select three credits of 400-level International Business Related Coursework from the following: Courses cannot double count in other areas of the minor.

    CAS 471 (3) (US;IL) Intercultural Communication Theory and Research
    EM SC 401 (3) Strategic Corporate Finance for the Earth, Energy, and Materials Industriies
    ECON 433 (3) Advanced International Trade Theory and Policy
    ECON 434 (3) International Finance and Open Economy Macroeconomics
    ECON 471 (3) Growth and Development
    ECON 474 (3) East Asian Economies
    FIN 407 (3) Multinational Financial Management
    FR 408 (3) French-American Business Translation
    GEOG 424 (3) (US;IL) Geography of the Global Economy
    GER 408 (3) Advanced German Business Communication
    I B 403 (3) International Business and National Policies
    I B 404 (3) Contemporary Issues in International Business
    I B 440 (3) (US;IL) Globalization and Its Implications
    I B 450 (3) The Business Environment of Europe
    LER (L I R) 400 (3) Comparative Industrial Relations Systems
    MGMT 461 (3) International Management
    MKTG 445 (3) (IL) Global Marketing
    PL SC 412 (3) International Political Economy
    R EST 450 (3) Urban Property Rights and Land Use Issues
    SPAN 420 (3) Spanish for Business and International Trade

*You may be eligible to substitute a course abroad for one of these requirements. Please speak to the Smeal International Programs Office to explore this option.