Handbook for Master s Programme in International Business

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1 Handbook for Master s Programme in International Business

2 Foreword Welcome to the Master s Programme in International Business and to the University of Vaasa. This Handbook is designed to give assistance and information with your studies. This information can also be found from the web site studies. For information concerning timetables, rooms, course descriptions, possible changes, please follow updates on the web sites, WebOodi (study database) and Lukkari (timetable generator system), and also remember to check your regularly. Introduction Master s Programme in International Business The Master s Degree Programme in International Business (MIB) is a high quality EPAS accredited programme. On MIB we are looking for ambitious students who want to pursue a global career, who are willing to rise to the challenge of working in a multicultural business environment, and who want to equip themselves with the knowledge and skills needed to cope with the challenges that a globalised world presents to organisations and individuals. To be eligible to apply to MIB you should have completed a Bachelor s degree majoring in International Business (Kansainvälinen liiketoiminta), Marketing or Management, or you have completed a minor in International Business (Kansainvälisen liiketoiminta) in your Bachelor s degree. Intended learning outcomes The intended learning outcomes in MIB are divided into the following three areas: knowledge, skills and attitudes. Knowledge The intended learning outcomes in terms of knowledge are divided into the following key domains of international business international strategic management, international marketing and international human resource management. By the end of the programme students will, understand the international strategic planning process, and learn to develop and manage internationalization strategies understand how to design and manage the international marketing strategies of firms at different phases of foreign market expansion, learn to establish and manage business networks and customer relationships and gain knowledge of how to communicate and negotiate in cross-cultural settings understand the role of the human resource management within multinational firms, acquire knowledge on how to develop global leadership, how to manage international teams and projects, and discover how to shape your own global career Besides these three key areas of international business, MIB offers students several area-focused courses which prepare students to do business in key markets around the world, as well as electives that allow students to deepen their knowledge in other areas of international business. Skills In addition to knowledge-specific intended learning outcomes, MIB supports and guides students in developing a range of key skills that they can take with them into their future careers. The key skills fall under five skill categories: 1) academic skills, 2) self-management skills, 3) communications skills, 4) interpersonal skills and 5) creativity and change management skills. Through the use of personal development discussions and the Competence Handbook, students are encouraged to develop their key skills via both curricular and non-curricular activities and to take responsibility for their own personal and professional development. Attitudes MIB also seeks to instil the following attitudes in its students: Global mindset (attitude towards the world): Openness to and awareness of the big picture and changes in the global business environment, whilst understanding the need to strike a balance between strategic integration and responsiveness to local markets. Strategic orientation (attitude towards strategy): An appreciation for how and why strategic actions lead to value creation in organisations. Customer orientation (attitude towards customers): Understanding the importance of customer relationships and a service mentality. Valuing diversity (attitude towards others): Respect for the talents and beliefs of others regardless of background. Integrity & responsibility (attitude towards society and the environment): Honesty, strong moral principles, and an awareness of how business can impact society and the environment. Learning enviroment In MIB you will study with students from around the world and will be taught by an international faculty, providing you with the possibility to develop your skills in working in a multicultural environment already during your studies. Our lecturers and professors utilize learning methods which emphasize your own role in collecting knowledge, analyzing and understanding it and applying it in different contexts. During your studies you will work with people who think differently, disagree with you and don t understand your logic. All these elements make the learning environment quite challenging. On the other hand, you will have the possibility to learn to appreciate the value of diversity in teams, undergo the process of personal development in different areas and experience the positive feeling of exceeding your own expectations. MIB prepares students for careers in internationalising and already multinational firms, whether this is work in international positions, different kinds of international assignments, or involvement in international projects and teams. In addition, MIB offers a good foundation for working in internationally-oriented governmental organisations or in research- and teaching-related positions. The programme also prepares students for an academic career and provides eligibility for further studies. 2 3

3 Structure of the programme Initial Studies, 10 ECTS MARK2029 Export Marketing... 5 ECTS JOHT2005 International Management... 5 ECTS Compulsory Core Studies, 45 ECTS JOHT3010 International Human Resource Management... 5 ECTS MARK3023 Internationalization Strategies of the Firm... 5 ECTS MARK3025 Global Marketing Management... 5 ECTS JOHT3036 Leadership... 5 ECTS JOHT3003 International Strategic Management... 5 ECTS MARK3026 Managing International Business Networks... 5 ECTS MARK3024, International Business Negotiations... 5 ECTS MARK3013 Cross Cultural Marketing Communications... 5 ECTS INTB3006 Sustainability and International Business Ethics... 5 ECTS Master s Research INTB3002 Research Methodologies... 8 ECTS INTB3990 Master s Thesis...30 ECTS INTB3991Research proposal & theoretic framework 10 ECTS INTB3992Methodology section & preliminary empirical results 10 ECTS INTB3993Complete master s thesis 10 ECTS In total 121 ECTS Language & General Studies, 8 ECTS KENG6211/KENG9211 Writing Academic English I... 3 ECTS KSUO5111 Finnish for Foreigners I or II foreign language (for Finnish students)... 5 ECTS Information and Literacy Skills I Information and Literacy Skills II INTB 3007 Competency Development... 1 ECTS Optional Studies, min.20 ECTS JOHT3002 Cross Cultural Management... 5 ECTS MARK2013 International Business Operation Modes... 5 ECTS JOHT3057 Key & Emerging Themes in Management Studies... 5 ECTS MARK2019 Global Sourcing and Procurement... 5 ECTS JOHT3019 Project Management... 5 ECTS JOHT3004 Diversity Management... 5 ECTS MARK2035 Cultures of Consumption... 5 ECTS MARK2024 Doing Business in Asia... 5 ECTS MARK2027 Business Operations in Eastern Europe... 5 ECTS MARK2018 Marketing Strategies and management in CEE... 5 ECTS LASK3003 Investment and Finance in Russia... 5 ECTS TOIK2032 Legal Foundations of Russian Economy... 6 ECTS LASK3017 Corporate Finance... 6 ECTS FILO1011 Philosophy of Science... 3 ECTS INTB3003 Internship... 5 ECTS 4 5

4 Programme schedule Year 1 Autumn Semester Spring Semester Period 1 Period 2 Period 3 Period 4 Period 5 -Export Marketing Management(5) -International Management(5) -Information Skills I -International Strategic Management (5) -Managing International Business Networks (5) -Academic Writing in Eng. I (3) -Finnish for Foreigners I (5) Internationalizat ion Strategies of the Firm (5) -International HRM (5) Information Skills II Competency development -Global Marketing Management (5) -Leadership (5) Year 2 Autumn Semester Spring Semester Compulsor y Courses Optional Courses -Cross-Cultural Marketing Communicatio ns (5) -Research Methodologies (8) - Academic Writing in English II (2) Period 1 Period 2 Period 3 Period 4 Period 5 -Sustainability and International Business Ethics (5) Autumn Semester -International Business Negotiations (5) MASTER S THESIS Competency development Spring Semester Period 1 Period 2 Period 3 Period 4 Period 5 -Corporate Finance (6) -Cross-Cultural Management (5) -International Business Operation Modes (5) - Doing Business in Asia (5) -Philosophy of Science (3) -Global Sourcing & Procurement (5) -Business Operations in EE (5) -Marketing Strategies & Management in CEE (5) -Legal Foundations of the Russian Economy (6) -Investment & Finance in Russia (5) -Key & Emerging Themes in Management Studies - Cultures of Consumption (5) -Diversity Management (5) APPENDIX 1. Skills development options at the course level Appendix 1. Skills development options at the course level CORE COURSES OPTIONAL COURSES Diversity Management Marketing Strategies and Management in CEE Business Operations in Eastern Europe Global Sourcing and Procurement Doing Business in Asia International Business Operation Modes Cross-Cultural Management Project Management Master's thesis Research methodologies Sustainability and international business ethics International Business Negotiations Cross-Cultural Marketing Communications Leadership Global Marketing Management International HRM Internationalization Strategies of the Firm Managing International Business Networks International Strategic Management International Management Export Marketing Management MIB PROGRAMME SKILLS SKILLS Oral and / or written expression X X X X X X X X X X Co-operation skills X X X X X X Cross-cultural skills X X X X X IT skills X Analytical and critical thinking skills X X X X X X X X X X X X X X X X X Decision making skills X X X Planning and organization skills X X X Communication skills Analytical skills Interpersonal skills Leadership and networking skills X Negotiation skills X X Conflict management skills Creativity and innovation X X Visioning skills X Change management skills Creativity and change management skills Self management Self-organization and time management skills X X Ability to take initiatives Career management skills X 6 7

5 Teaching periods At the University of Vaasa the Academic year is divided into five periods. These periods begin and end simultaneously in all faculties. Teaching is running during the periods, but one week of each period is reserved for exams and there is no teaching during that week. During the academic year the periods are as follows: Autumn Semester 2015 I period 31st August 23rd October (weeks 36 43) II period 27th October 19th December (weeks 44 51) Exams are 12:00 15:00 during week 36 (Thu Sat), week 43 (Mon Sat), week 50 (Wed Sat) and week 51 (Mon Sat), on every Saturday in September, and on every Friday and Saturday in November and December. Spring Semester 2016 III period 11th January 26th February (weeks 2 8) University s Anniversary 27th January at 14:00 IV period 29th February 8th April (weeks 9 14) Easter holiday 24th 28th April (Thu-Mon) V period 11th April 27th May (weeks 15 21) Exams are 12:00 15:00 during week 2 (Thu Sat), week 8 (Mon Sat), week 14 (Mon Sat), week 20 (Wed Sat), week 21 (Mon Sat), and on Fridays and Saturdays throughout the Spring Semester. Summer Exams Sat 11th June and Sat 9th of July Courses Information about courses: students need to register for the courses in the WebOodi System. Timetables for the courses can be found in Lukkari the timetable generator, please follow the changes regularly. The Lukkari and WebOodi systems are also the best and quickest source of information for the courses. There is a possibility that courses might overlap. In this case register normally for both and then choose which one you attend. However, note that it is obligatory to attend to the classes of some courses. Lukkari the timetable generator system is available at and WebOodi at uwasa.fi/oodi. Master s degree students are expected to complete courses worth approximately 30 ECTS credits each semester. Please note that extending the student s residence permit usually requires that the student can show sufficient progress in her/his studies. The total number of credits required for a Master s degree is 120 ECTS credits, including the Master s thesis (30 ECTS). The department will provide you with a thesis supervisor and instruct you on when to start writing your Master s thesis. Before graduation, you need to pass a written examination based on the topic of your thesis (maturity test). Your thesis supervisor will prepare the question(s) for this examination and it will take place on one of the regular examination days (or you can agree on a specific date with your supervisor). Course descriptions in more detail can be found on the web sites or at the end of this Handbook. Exams Students must register for an exam at least 7 days in advance (registrations can be made one month before the examination date at the earliest). Students should register for exams by using the www-based student information system WebOodi. WebOodi is available for all students registered at the University of Vaasa. Students are often able to retake exams; professors will give you the information on these possible retake exam date(s). Notice that exams can be held also on Saturdays. Check the information on date, time and location from WebOodi. At the beginning of each semester, the International Office together with the Student Union organises an orientation course on the University s databases which also covers the WebOodi system. Assessment and Registration of Credit Departments According to Degree Ordinance 12 of the University of Vaasa, exam results must be announced within 30 working days of the exam date. In case of delay, the lecturer or other person responsible for announcing the results will have to inform the students about the delay within the 30 days of the exam. The assessment criteria are public and the student may inquire about these from the examiner. A student may have a look at his corrected exam or course work and get information about the assessment details by visiting the examiner during his/her office hour. Exam results are displayed on each department s notice boards and in the WebOodi system. The Academic Affairs Office has copies of the result sheets, which also include the names of students who have failed a course. Credits for entire courses are registered in the Transcript of Records at the departments. Courses that include compulsory written exercises or other partial credit Departments will be registered only after all parts have been completed. For this reason it is important that the student, whenever possible, completes the course and all its parts simultaneously. The student either fails or passes a course. Students who pass the course are graded according to the University of Vaasa grading system, that is, 1 5 (1 is pass and 5 the best grade) or on a pass/fail basis. In the latter case, the mark hyv. (pass) appears on the student s transcript. The transcript of records includes an explanation of the grading system and the ECTS grades. Students can check their own credit record in the WebOodi system. Official transcripts of records are available in the International Office upon request. Transcript of University Records Official transcripts of university records can be ordered from the International Office on request. This document shows all the courses passed, with grades and credits (ECTS credits and a brief explanation of the grading scale at the University of Vaasa). Please be prepared to wait for one whole workday after your request. Exams: Code of conduct Do NOT talk in the exam! Be on time. The doors of the examination venue will be locked 15 minutes past the hour and no one is allowed to enter after that. The invigilator / supervisor of the exam will allocate a seat for each student. When taking seats in the auditorium leave one empty seat on both sides (sometimes two, please follow the invigilators instructions). You are only allowed to have writing equipment and the instruments specifically allowed for the exam with you (for example a dictionary or pocket calculator). Bags and jackets have to be left at the side of the exam hall. Mobile phones must be switched off during the exam. Any kind of communication with other students is strictly forbidden after you have received the questions. Ignoring this regulation may result in an allegation of cheating in the examination. You are not allowed to read the exam questions until the invigilator gives you permission to do so. Thus keep your paper turned upside-down before you get permission to start the exam from the invigilator. If necessary, the invigilator will clarify unclear points in the examination paper. You can attract the attention of the invigilator by raising your hand if you need to clarify something or more paper is required and you wish to go to the toilet, etc. You are allowed to enter the exam hall max. 15 minutes after the exam has started. You are not allowed to leave the exam hall during the first 45 minutes of the exam. 8 9

6 You are not allowed to leave the exam hall for a cigarette etc. and come back to write your exam. Before leaving everyone has to hand in the exam paper to the invigilators. Please check that each exam paper you submit has your name, your student number, name of the exam, and name of the examiner. You have to show your identity card when returning the exam papers to the invigilator. If it is found out that a student is cheating in an exam, he/she will receive punishment which can lead to a termination of studies at the University of Vaasa. Plagiarism and cheating in exams and other written work is considered a serious offence at Finnish universities. According to the Degree Ordinance 19 of the University of Vaasa, plagiarism or cheating in examination may lead to cancellation of the course result and dismissal from the University for a maximum of one year. The University of Vaasa will inform the immigration officials and police about possible offences if the officials ask for this information when processing e.g. residence permit applications. In addition, if possible employers ask for information about former students of the university, the abovementioned offences will be informed to the employers. In the case of exchange students, the International Office of the University of Vaasa will terminate the student s exchange period immediately and inform her/his home university about the incident. Please avoid even the suspicion of plagiarism or cheating in examinations! Electronic plagiarism detection Electronic plagiarism detection is a part of the quality assurance system of education and research. Electronic plagiarism detection should act as a tool of instruction while preventing dishonest behaviour. All theses and dissertations (Bachelor, Master, Licentiate and Doctoral) are checked for originality using the Turnitin plagiarism detection software. All theses which are submitted on August 1st 2014 or afterwards must be checked with the plagiarism detection software before approval. For detailed instructions, see the thesis guidelines. Teachers can use the software to check other assignments, such as essays, exercises, take-home exams, and reports. It is also the teachers responsibility to instruct students on correct referencing and good scientific practice during studies. For additional information on plagiarism detection, refer to the thesis guidelines and the University portal Personal Study Plan / HOPS All Master s degree students write a Personal Study Plan (PSP/HOPS) at the beginning of their studies. HOPS is an informal agreement between the student and the Faculty (student advisor/teacher) and it can be rechecked and corrected during the studies. The general HOPS comprises a timetable of the courses the student is planning to take. It also includes information about the thesis, estimated graduation time and some open questions. More information about PSP is given during the orientation days and in programme meetings arranged in the beginning of the academic year. Links to Personal Study Plans: Graduation and Thesis The total number of credits required for a Master s degree is 120 ECTS credits including the Master s thesis (30 ECTS). The department will provide you with a thesis supervisor and instruct you on when to start writing your thesis. You will also get information and guidance with the Thesis process on seminars. Please consult the faculty for detailed instructions on the thesis. Before graduation, you need to pass a written examination based on the topic of your thesis (maturity test). Your thesis supervisor will prepare the question(s) for this examination and it will take place on one of the regular examination days (or you can agree on a specific date with your supervisor). The Master s thesis must be handed in for the final reading 4 5 weeks before the Faculty Dean s resolution in which the thesis is to be approved. Also the maturity test has to be taken good in time since its correction can take up to 4 weeks. Please check with your thesis supervisor the latest date you can submit your thesis and take the maturity test. See further information on Graduation: The information on how to write your Master s Thesis can be found from here: Career Services For personal discussion and guidance in work life matters book a time from the Coordinator of International Education Sami Ilomäki (how to apply for a job, job application, CV, etc.), sami.ilomaki(a)uva.fi, location: Tervahovi building, room D209. Office hours: by appointment See also the web sites on Career Services: Work Permit International students holding residence permits issued for studying may work without a work permit 25 hours a week during semester time, and full-time during holidays. These limitations do not concern citizens of the Nordic and EU/EEA countries. However, you should bear in mind that the unemployment rate, especially among young people, is fairly high in Finland and thus the competition for open positions can be hard. Please note that the University of Vaasa does not have any scholarship for the programme and cannot offer financial aid for international students. The programme is also fulltime and thus working is not an option when it comes to financing studies in Finland. Guidance and Study Counseling The Coordinator of International Education along with the academic staff are mainly responsible for the guidance concerning the MIB programme. The International Affairs Office gives guidance in general matters and the Academic Affairs office gives guidance in practical matters concerning studies; exams, graduation etc. Study counseling is given by teachers, Faculty student advisors, student advisors in international relations, and student advisors in academic affairs. All members of personnel have office hours during which students may inquire, for example, about teaching arrangements or the contents of a specific course. The responsibility areas are as follows: Faculty (in the Tervahovi building, 2 nd floor) Study counseling connected to degrees, programmes and planning studies Questions concerning students legal protection Personal study plan (PSP/HOPS) Choosing additional courses/studies International Office (in the Luotsi building, 1 st floor) Registration Signing up for two exams simultaneously General enquiries (e.g. course timetables, signing up for courses) Certificates Academic Affairs Office and other student services (in the administrative building Luotsi, 1 st floor) Change of address (Academic Affairs Office) Degree certificates, exam arrangements (Academic Affairs Office) Students legal protection (Head of Academic Affairs) 10 11

7 WebOodi The WebOodi system is available at You may select the language from the bottom of the main menu on the left side of the window. This menu shows the functions available for everyone, even without logging in. Thus you may browse the information about, for example, teaching events even if you do not have a valid username or password. You will also find instructions on how to use the WebOodi system at the bottom of the menu. In order to register for the WebOodi system, enter your username and password to the empty boxes. Then press the Enter button. After logging in, you will be taken to your personal front page where you can select the function of your choice from the main menu. The courses of the day and the exams for which you have registered through WebOodi will appear on your calendar. Your personal student number and your name are visible in the upper left corner of the window. Even if you have several rights to study, you have only one student number in use. The different functions of WebOodi are shown on the main menu on the left side of the window. You can search for information using the By search terms or By organisation option. These allow you to search for information on, for example, study modules or courses and exams. In My studies, you can observe your planned studies, valid registrations, credits, and upgraded or rejected studies. By using the Transcript of studies item, you may order an unofficial transcript of records to your address. The Other functions option enables you, for example, to update your personal information such as address and phone number. End your WebOodi session by clicking on Quit in the main menu. WebOodi then returns to the starting page and you may exit the browser. When you stop using WebOodi, always quit your session properly to prevent the next computer user from accessing and modifying your data. If you want to write two examinations on the same day, you need to fill in the form Registration for two examinations available at the International Office. Please also remember to register for both exams in WebOodi. Fees Master s degree students do not have any tuition fees. However, they are required to pay the Student Union membership fee of 142 euro per academic year or 76 euro per semester. Membership entitles Master s degree students for subsidized meals in campus restaurants, student healthcare and various discounts on and off campus. MIB Staff: Dr Minnie Kontkanen Head of the Programme University Lecturer Tervahovi, room B305 Office hours: Wed minnie.kontkanen(at)uva.fi Anne Ahlqvist Coordinator of International Education Tervahovi, room D207 Student guidance Office hours: Thursdays anne.ahlqvist(at)uva.fi / tel Master s Programme in International Business Initial studies EXPORT MARKETING Code: MARK2029 Time: Autumn, Period 1. 1) International/export marketing process and environment for exporting 2) assessing company export readiness and export market selection 3) market entry strategies and export entry modes 4) export marketing planning, product, promotion and pricing decisions, 5) export financing decisions and 6) overview of export processes and documents. should be able to have a comprehensive view of the nature of export marketing and the export operation modes. Students are expected to learn to analyze a company s export environment, potential, capabilities and export market selection procedures. The course will support the development of oral and written expression, critical thinking and co-operation skills. Teaching: Lectures ( Approx. 24 h), group assignment, individual reading of literature. Assessment: Group exercises and Exam. 1. Albaum, Gerald & Duerr, Edwin (2011) International Marketing & Export Management, Financial Times Press, seventh edition. International Marketing and export Management, Prentice Hall, Fifth or newer edition. 2. Reading package. Prerequisites: None Contact person: Peter Gabrielsson Right to participate: Students registered on the Master s degree programme in International INTERNATIONAL MANAGEMENT Code: JOHT2005 Credit Units: 5 ECTS Time: Autumn, Period 1. 1) managing in the international business environment, 2) international strategic management, 3) organizational structure, 4) managing foreign subsidiaries, 5) managing culture, 6) managing knowledge and innovation, 7) managing people, and 8) managing responsibly. should be able to understand how external pressures from the international business environment affect the management of multinational firms; identify the challenges that managers of multinational firms face in managing strategy, structure, innovation, culture, people and sustainability in a turbulent and globalizing business environment; and identify the knowledge, skills and abilities of effective international managers. The course will also support the development of students skills in the areas of co-operation skills, analytical and critical thinking, and written and oral expression. Teaching: Lectures (approx. 25 hours) and group presentation sessions (approx. 2 hours) Assessment: Group assignment (30 %), exam (60 %), individual relfection report (10 %). 1. GRIFFIN, R.W. & PUSTAY, M.W. (multiple editions) International Business: A Managerial Perspective, Upper Saddle River, NJ: Pearson/Prentice Hall. Prerequisites: None Contact person: Adam Smale. taking kansainvälinen liiketoiminta as their major subject at bachelor s level and to students registered on the Master s degree programme in International The course is not open to exchange students

8 Core studies INTERNATIONAL HUMAN RESOURCE MANAGEMENT Code: JOHT3010 Time: Spring, Period 3. Content: Set against the dual pressures that multinationals face for the global integration and local responsiveness of HRM, the course covers the following topics: 1) the role and structure of HR, 2) managing expatriation and careers, 3) building social architecture and networks, 4) performance management, 5) talent management, and 6) ethics and sustainability in international HRM. should be able to (i) identify the forces that are shaping the strategic IHRM global-local dilemma; (ii) understand the purposes and limitations of formal organisational design and social architecture, and the role that people management plays; (iii) identify organisational challenges inherent in key HRM practices (recruitment and selection, leadership development, performance management, expatriation and career management) and how leading MNCs deal with them; and (iv) reflect critically on the role of the HR function versus line/top management in managing people issues in MNCs and how this is evolving. The course will also support the development of students key skills in the areas of planning and organization, written and oral expression, and career management. Teaching: Lectures, teaching cases and discussions based on pre-reading assignments (total approx. 30 hours). Assessment: Student-led lecture (30 %); learning diaries (20 %), written assignment (50 %). 1. EVANS, P., PUCIK, V. & BJÖRKMAN, I. (2011) Global Challenge: International Human Resource Management (2nd ed.), New York: McGraw-Hill. 2. Additional reading package to be provided Prerequisites: Students should have completed the courses International Management (JOHT2005) Contact person: Jennie Sumelius INTERNATIONALIZATION STRATEGIES OF THE FIRMS Code: MARK3023 Time: Spring, Period 3 1) Dimensions of internationalization strategies, 2) Internationalization processes 3) International strategic alliances, and 4) Foreign direct investment strategies especially acquisition strategies 5) Divestments should be able to identify and explain different internationalization pathways, recognise the key decision making aspects and factors having an effect on performance of Foreign Direct Investments and Strategic Alliances, and know the different dimensions of internationalization strategy and apply the knowledge in different context. The course will also support the development of student s skills in the areas of critical thinking, oral and written expression, self-organization and time management skills. Teaching: Workshop sessions and lectures (appr. 28 hours), assignments, literature Assessment: Option 1: Active participation and presentation in classes, learning diary, workshops, and group case study report and presentation. Option 2: Essays and exam. 1. Reading package 2. Will be informed later. Prerequisites: Export marketing, ed Contact person: Dafnis Coudounaris GLOBAL MARKETING MANAGEMENT Code: MARK3025 Time: Spring, Period 4. 1) An overview of global marketing and assessing global market opportunities, 2) global market expansion and mar- keting mix development 3) global product and branding strategies, 4) global internet / sales channel strategies and pricing, 5) organizing and controlling global marketing strategies, and 6) innovativeness and ethical issues in global marketing should have gained understanding about developing and managing effective global marketing strategies. They should be aware of useful theories and concepts related to global marketing, understand how global marketing strategies are planned, and be able to explain how the marketing mix changes during global expansion. Moreover, students are expected to have understanding of how to organize and co-ordinate implementation of marketing strategies without forgetting innovativeness or ethical considerations. The course is also expected to develop student s skills in planning and organization, oral and written expression, and creativity and innovativeness. Teaching: Lectures (max 30 hours), assignments, and literature. Assessment: Learning diary, compulsory group assignments, peer evaluation, and class contribution. 1. Hollensen, Svend: Global Marketing. A decisionoriented approach. Financial Times Prentice Hall fifth edition Reading package informed by the lecturer. Prerequisites: Export marketing, Internationalization strategies of the firm. ed Contact person: Peter Gabrielsson Business Cross-Cultural Marketing Communications Code: MARK3013 Time: Spring, Period 5 Contents: The subjects covered on the course include 1) Cultural values and cultural frameworks in marketing 2) Culture and advertising appeals and executional style, 3) Culture and digital marketing communication, 4) Marketing analytics, 5) Ethics in marketing communication and 6) Cross-cultural advertising communication strategies should be able to understand how different views on culture impact on the planning and management or crosscultural marketing communications, especially in international advertising, be aware of the role of digital media in cross-cultural marketing communication without forgetting the ethical considerations. This course will support the development of skills such as critical thinking, creativity and IT skills. Teaching: Lectures and workshops (approx. 30 hours) Assessment: Self reflection reports, Group and individual exercises/quizzes 1. De Mooij, Marieke (2010,2005) Global marketing and advertising. Understanding cultural paradoxes. Sage publications USA. 2. Will be informed later 3. Reading package. To be given in the lectures Prerequisites: Export Marketing / Export Marketing Management, Global Marketing Management ed Contact person: Minnie Kontkanen Leadership Code: JOHT3036 Time: Spring, Period 4. 1) the main approaches to the study of leadership and followership, 2) cultural perspectives on leadership, 3) postheroic leadership, 4) shared leadership, 5) leadership in expert organizations, 6) ethical leadership and 7) leadership development. should be able to describe the key approaches to the study of leadership. Students should also be able to under

9 16 stand the nature of leadership in different kinds of organizations, and the challenges inherent in the identification of leadership potential and leader development. Students will also be able to identify the key aspects of strategic leadership the leadership competencies currently required to work in an international business environment. The students will be familiar with ethical aspects of leadership work and recognize the most popular leadership development approaches. The course will also support the development of students skills in the areas of group work and interpersonal skills, critical thinking and self-awareness/ assessment of own leadership capabilities. Teaching: Lectures and workshops (approx. 30 hours). Assessment: Learning diary; self-reflection report on leadership skills;. No exam, compulsory class attendance. 1. Jackson, B. & Parry, K. (2008) A very short, fairly interesting and reasonably cheap book about studying leadership. London: Sage. 2. Northouse, P. (2010): Leadership. Theory and Practice. Sage. (Multiple editions) 3. Assigned articles Prerequisites: Students must have completed the course International Management (JOHT2005) before taking this course. Contact person: Niina Koivunen. INTERNATIONAL STRATEGIC MANAGEMENT Code: JOHT3003 Credit Units: 5 ECTS Time: Autumn, Period 2. Content: Students are introduced to major strategy-making models and their application, competitive dynamics and tools for its analysis, challenges in strategy implementation in MNCs, as well as the business case for corporate social responsibility and sustainability. Most of the course content is applied practically in the online business simulation Global Challenge. Learning outcomes: By the end of this course, students will be able to understand and apply some of the main theories and models in strategic management; identify and utilize best practices from leading multinationals; will be able to evaluate international industrial environments and design strategies that fit these environments; will be able to identify and interpret challenges in international strategic management. The course will also support the development of students skills in the areas of analytical and critical thinking, decision making, and visioning. Teaching: The course consists of lectures, an on-line business simulation Global Challenge, and group and individual assignments. Assessment: Personal reflections (15 %), group work (40 %), and individual written assignment (45 %) 1. PENG, M.W. (2006) Global Strategy. Thomson: Taunton, MA. 2. Reading package on course themes to be provided. Prerequisites: Students should make sure the course fits their timetable since participation in the lectures and during the group simulation sessions is obligatory. Contact person: Adam Smale and Rodrigo Rabetino registered on the Master s Programmes in International Business and Strategic Business Development. MANAGING INTERNATIONAL BUSINESS NETWORKS Code: MARK3026 Time: Autumn, Period 2. Contents: The subjects covered during the course include: 1) Business markets and business marketing, (2) theoretical approaches to business relationships and networks, 3) managing relationships in networks, 4) internationalization and cross-cultural issues, and 5) sustainability in business networks. should be able to analyze business relationships in network context from different theoretical perspectives, and to apply this knowledge to business activities in international markets. Students will understand the challenges of developing and managing relationships and networks. The course will support the development of the students skills in critical and analytical thinking, group working skills in multicultural groups. The students will obtain experience in oral presentation and in constructive peer-assessment. Teaching: Lectures by academic visitors and company guests, work shops, seminars, individual and group assignments. Assessment: Exam (30 %), group work (45 %), individual assignment (25 %) Articles provided by the teacher. Prerequisites: None ed Contact person: Anne-Maria Holma INTERNATIONAL BUSINESS NEGOTIATIONS Code: MARK3024 Time: Spring, Period 3. 1) Introducing international business negotiations and theoretical background 2) Conflict resolution 3) the impact and role of culture on negotiations 4) Communication process and negotiations 5) The process, strategies and tactics of international business negotiations 6) Ethical issues in business negotiations 7) Practical exercises of different negotiation situations should develop an overall awareness of theoretical and practical aspects of international business negotiations. In addition, this course develops cross-cultural communication, negotiation, analytical and critical thinking skills in students. Teaching: The course consists of maximum 25 hours of lectures. Exercises include analyzing case studies and performing a role-play exercise for an actual business negotiation situation. This part will be video taped and analysed. Assessment: Case study analysis in groups, group report and role play exercise and individual report. 1. Ghauri, P.N. & Usunier, J.C. (2003), International Business Negotiations, Pergamon Press: London, Second Edition. 2. Reading package Prerequisites: Cross-cultural Management. ed Contact person: Will be informed later SUSTAINABILITY AND INTERNATIONAL BUSINESS ETHICS Code: INTB3006 Time: Period 1. Content: The course offers an introduction to different ethical theories and their applications in international business. The central themes of the course are the interconnectedness of economic and moral values, social responsibility and ethical decision making. The course consists of lectures and other activities related to corporate governance, corporate social responsibility, international trade, sustainability, and ethics in managerial decision-making. It also emphasizes how these topics relate to strategy. Learning outcomes: The course provides students with tools that enable them to identify and analyze morally relevant aspects of business. It will help them understand the societal environment and economic value of sustainability in an international environment and how this relates to business strategy. It will also help them understand the role ethics should play in international business and why unethical behaviors exist. It should also develop their awareness of their own personal ethics. To this end, the course offers an introduction to different ethical theories and perspectives on the social responsibility of corporations. The course will also develop students analytical and critical thinking skills, decision making skills, and co-operation skills. 17

10 Teaching: Lectures and other activities (total approx. 15 hours). Assessment: Individual assignement and exam. 1. Reading package to be provided. Prerequisites: None. Rating: 1 5 / Fail Contact person: Olivier Wurtz COMPETENCY DEVELOPMENT Code: INTB3007 Credit units: 1 ECTS Time: The competency development starts in September (1st year of studies) and the completed workbook for competency development must be handed at the end of spring term (2nd year of studies) 1) Introduction to the competency development workbook, 2) self-assessment and developmental targets and 3) evaluation of development Learning outcomes: By the end of the course students should have gone through a systematic development process focusing on selected competences, supporting them to become reflective practitioners, who are able to reflect continuously on their learning and behavior process. Teaching: Workshop sessions & independent student self-assessment and reflections. Assessment: Workbook for competency development None Prerequisites: None Rating: 1 5 Contact person: Minnie Kontkanen Right to participate: The course is open to students registered on the Master s Degree Programme in International Business Master s research RESEARCH METHODOLOGIES Code: INTB3002 Credit units: 8 ECTS Code and credit units: KENG9311, 2 ECTS Time: Spring, Periods ) Basics of research, 2) quantitative data collection and analysis methods, 3) qualitative data collection and analysis methods and 4) writing and structuring a thesis. Writing Academic English II is integrated to the course. should understand how to carry out independently their own Master s thesis. In order to do this, students will be familiar with the university s standards and criteria for Master s theses; will be familiar with different research methods and when to use them; will be able to identify the meaning of quality and rigour in assessing academic research. The course will also support the development of students skills in the areas of, written expression, analytical and critical thinking. Teaching: Video lectures, workshops, and student presentations (approx 30 hours). Assessment: Individual/group assignments, first draft of the Master s thesis proposal, and an exam. 1. Saunders, M., Lewis, P. & Thornhill, A. (2009 and older editions) Research Methods for Business Students. Harlow: Prentice Hall. OR 2. Maylor, H. & Blackmon, K. (2005) Researching Business and Management. Palgrave MacMillan. 3. Eriksson P. & Kovalainen A. (2008). Qualitative Methods in Business Research. SAGE Publications. Prerequisites: Completed Bachelor thesis. ed Contact person: Minnie Kontkanen Right to participate: This course is open to students registered on the Master s Degree Programme in International Additional information: MASTER S THESIS Code: INTB3990, (INTB3991 (Part I) Research proposal and theoretical framework, INTB3992 (Part II) Methodology section and preliminary empirical results, INTB3993 Complete master s thesis) Credit units: Total 30 ECTS.The credit units will be awarded during the process as follows: 1) Research proposal and theoretical framework, 10 ECTS; 2) Method section and preliminary empirical results, 10 ECTS; and 3) Final submission of the complete master s thesis, 10 ECTS Time: The master s thesis supervising groups will start in May after the Research Methodologies course. The final thesis must be handed at the latest by the end of the next Spring term. Content: The student will be able to identify a research problem within the international business field and specify the objectives and scope of the research. Moreover, the student will be familiar with extant academic literature and develop a theoretical framework. Thereafter, the student will select and justify the methodological approach, and gather and analyze empirical data. The thesis ends with a conclusion including theoretical and managerial implications and future research proposals. The student will write reports and present those in the following parts: 1) research proposal and theoretical framework, 2) method section and preliminary empirical results, and 3) the final submission of the complete master s thesis. Learning outcomes: Students should be able to conduct academic research on a subject related to international business. The master s thesis process also supports the development of independent research work, analytical and critical thinking skills, and self-organization skills. Moreover, the student will develop their oral and written expression skills during the process. Teaching: Meetings with thesis supervisors and / or participation in seminars (depending on supervisor), and independent student research. Assessment: Master s thesis report and process management (supervisor and 2nd evaluator). Independent search of relevant material for the research topic. Prerequisites: Tieteellinen kirjoittaminen / Writing Academic English I, Research Methodologies Rating: pass / fail for parts (1) and (2); 1 5 / fail for (3) final submission of the complete master s thesis); Contact person: Minnie Kontkanen Additional information: Master s theses will be checked with the plagiarism detection programme Turnitin from Optional studies International Business Operation Modes Code: MARK2013 Time: Autumn, Period 2. 1) The role of entry / operation mode choice as a part of international entry strategy; 2) definition and classification of international entry / operation modes, 3) internal and external factors influencing international business operation mode choice, 4) characteristics of various outward and inward international co-operative & investment operation modes, 5) mode switching and 6) mode combinations. should be able to identify the differences between international entry / operation modes and to make international operation mode choices based on the analysis of context specific firm and environmental factors. This course develops cooperation, decision making, analytical and critical thinking skills in students. Teaching: Lectures (aprox. 22 hours), assignments and literature. Assessment: Group report (40 %), and Exam (60 %). 1. Welch Lawrence S; Benito, Gabriel R.G. & Petersen, Bent (2007). Foreign operation Methods. Theory, Analysis, Strategy. Edward Elgar. Chapters 1 12 & 14. Prerequisites: Export marketing. ed Contact person: Will be informed later. Right to participate: Students registered on the Kansainvälisen liiketoiminnan kandidaatin tutkinto-ohjelma and on the Master s degree programme in International 18 19

11 CULTURES OF CONSUMPTION Code: MARK2035 Credit units: 5ECTS Time: Spring. Content: Cultural characteristics of consumption, crossnational differences and similarities of consumers and consumption behaviors in different nations (focus on a Euro-consumer ). should be able to 1) understand the different views on the interaction between culture(s) and consumption, 2) describe the differences and similarities between consumers in different cultures, especially in the European context. Working life skills: Cross-cultural skills, analytic and critical thinking skills, written/oral expression. Teaching: Lectures, case-works and exercises (group works and individual assignment). Students work in multicultural teams. Assessment: Lectures, group works and individual written exercise. Reading package (to be announced). Prerequisites: Cross-Cultural Management (for IB-Bachelor students). ed. Contact person: University teacher Jenniina Sihvonen. Right to participate: Max 100 participants. Course is available for bachelor students in International Business (alternative with Consumer Behavior), students registered on the Master s Degree Programme in International Business and foreign exchange students. This is also an optional course for students majoring marketing. Cross-Cultural Management Code: JOHT3002 Credit Units: 5 ECTS Time: Autumn, Period 2. 1) the role of culture and its impact on individuals, organizations and management; 2) cultural differences and dimensions of culture; 3) cross-cultural interaction; 4) and the role of culture in leadership. should have a more in-depth understanding of culture, more knowledge of cultural frameworks as well as practical experience of cultural encounters. The group assignment s objective is to increase students cross-cultural and cooperative skills. Cross-Cultural Management aims at increasing students cross-cultural competencies (knowledge and skills mentioned above) for situations such as: working abroad, international meetings, working in international projects/teams, and dealing with workplace diversity. The course also supports students development of global mindset and encourage them to value diversity. Teaching: Lectures and other actitivities (total approx. 20 hours) Assessment: Individual and group assignments. Will be informed later in Oodi Prerequisites: None Contact person: Olivier Wurtz and Piia Uusi-Kakkuri Right to participate: This course is also open to visiting exchange students at the Faculty of Business Studies. GLOBAL SOURCING AND PROCUREMENT Code: MARK2019 Credits: 5 ECTS (5 op) Time: Autumn, Period 2 1) the role of Purchasing in the Value Chain, 2) Purchasing Strategy and Management Process, 3) Category Management, 4)Supply Research, 5) Performance Measurement, 6) SCM, 7) Outsourcing. Learning Outcomes: student will gain an understanding on the Strategic Roles of Sourcing, Procurement and Suppliers in Global Value Chain and Business Environment, understand various Sourcing Strategies, Processes, Organisation Models and Scorecards, able to perform Supply Research and understand the strategic difference between Outsourcing, Onshoring and Offshoring. 1. VAN WEELE (2010). Purchasing and Supply Chain Management: Analysis, Strategy, Planning and Practice, 5th edition, Cengage Learning EEA 2. WALLACE & XIA (2015). Delivering Customer Value through Procurement and Strategic Sourcing A professional Guide to Creating a Sustainable Supply Network Walter L. Wallace, Yusen Xia. Pearson Education Inc., 2015, USA. ISBN-10: other course material provided by the lecturer Teaching Methods: lectures (max 30h) Modes of Study: Written exam, written group work and participation in possible visitor lectures Assessment: 65 % written exam and 35 % group work Grading: Scale 1 5 / failed Responsible person: University teacher Katariina Pukkila- Palmunen Responsible Unit: Department of Production and Department of Marketing Additional Information: PROJECT MANAGEMENT Code: JOHT3019 Credit Units: 5 ECTS Time: Autumn, Period 1 2 Course language: English Content: Topics that will be covered during the course are among others: 1) The nature of projects, including defining projects and characteristics of the project life-cycle, 2) Project planning, including the tools of Work Breakdown Structure and Gantt-chart, 3) Project implementation and control, including the management of time with the Critical Path Method as well as the management of quality and costs, 4) The actors in projects, including stakeholder management, the project manager and the project team. should have a holistic understanding of different issues related to project management. Firstly, students should have knowledge about the nature of projects and how projects can be organized. Secondly, students should have knowledge about the process of project management, which ranges from planning, implementing and controlling to evaluating. During the course, students will learn about different tools of managing projects and they will also gain insights into the three most central issues to be managed: time, cost and quality. After the course you should also have knowledge about stakeholder management, including the project manager and the project team. You should also know about factors related to success and failure of projects. The course will also support the development of students skills in the areas of cooperating in multicultural teams, critical thinking and IT-skills related to project management tools. Teaching: Video lectures, in-class lectures, individual and group assignments, exam Assessment: Individual assignments (20 %), exam (40 %) and group work (40 %). Book recommendations and articles provided by the teacher. Prerequisites: Contact person: Annika Tidström registered on the Master s Programmes in Strategic Business Development, IB, HRM and for a maximum of ten students registered on the Master s Programme in Industrial Management. The students from Industrial Management will be selected based on study performance. DIVERSITY MANAGEMENT Code: JOHT3053 Credit Units: 5 ECTS Time: Spring, Period 5. Content: Diversity management will be viewed comprehensively from both organizational and individual perspectives. The course adopts a broad definition of diversity that includes gender, race, sexual orientation, age, family status, values, beliefs (religion), physical and mental abilities, regional location, income, education, and knowledge and work experience. The implications of diversity management for different human resource management processes will be examined as well as diversity management s distinction from other organizational activities (e.g. change management, management of culture). Diversity-related phenomena will then be viewed through political, national, cultural and power perspectives within organizations. will have a comprehensive picture of diversity as an organizational phenomenon, and understand the issues and paradoxes that diversity management presents. Diversity 20 21

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