1 1. International Business Management DEGREE PROGRAMME IN INTERNATIONAL BUSINESS MANAGEMENT 90 ECTS ADVANCED PROFESSIONAL STUDIES 50 ECTS International business development 35 ects FORESIGHT METHODS AND FUTURE WORKSHOPS 5 ECTS STRATEGIC BUSINESS MANAGEMENT 5 ECTS INTERNATIONAL BUSINESS CONCEPTS AND OPERATIONS 5 ECTS INTERNATIONAL MARKETING AND CUSTOMER RELATIONSHIP MANAGEMENT 5 ECTS INTERNATIONAL BUSINESS CONTRACTS AND LEGAL FRAMEWORK INTERNATIONAL ACCOUNTING AND FINANCE 5 ECTS CROSS-CULTURAL COMPETENCES 5 ECTS Research and development 15 ects RESEARCH PROCESS AND RESEARCH METHODS 5 ECTS RESEARCH REPORTING AND COMMUNICATION 5 ECTS DEVELOPER'S METHODS AND TOOLS 5 ECTS ELECTIVE STUDIES 10 ECTS Master s degree level courses offered by Business Faculty CONTEMPORARY VIEWS ON BUSINESS 5 OP & 10 OP Courses offered by Master's Degree Programme in Entrepreneurship for Small and Medium Enterprices PROCESS AND PROJECT MANAGEMENT 5 ECTS RESPONSIBLE BUSINESS MANAGEMENT 5 OP Master s degree level courses offered by other LUAS Master s degree programmes MASTER S THESIS 30 ECTS STRATEGIC KNOWLEDGE AND COMPETENCE MANAGEMENT 5 ECTS
2 International Business Management STUDY GUIDE MASTER S DEGREE PROGRAMME IN INTERNATIONAL BUSINESS MANAGEMENT, 90 ECTS ADVANCED PROFESSIONAL STUDIES 50 ECTS Compulsory studies International business development 35 ects 04MIB301 Foresight methods and future workshops 5 ects 04MIB202 Strategic business management 5 ects 04MIB203 International business concepts and operations 5 ects 04MIB204 International marketing and customer relationship management 5 ects 04MIB205 International business contracts and legal framework 5 ects 04MIB109E International accounting and finance 5 ects 04MIB206 Cross-cultural competences 5 ects Research and development 10 ects 04MIB207 Research process and methods 5 ects 04MIB208 Research reporting and communication 5 ects 04MIB302 Developer's methods and tools 5 ects ELECTIVE STUDIES 10 ECTS Master s degree level courses offered by Business Faculty 04YLT904 Contemporary Views on Business 5 ects/ 04YLT905 Contemporary Views on Business 10 ects
3 Courses offered by Master s Degree Programme in Entrepreneurship for Small and Medium Enterprices: 04YLT204 Strategic knowledge and competence management 5 ects 04YLT202 Process and project management 5 ects 04YLT901/4 Responsible business management 5 ects Annually varying courses Master s degree level courses offered by other LUAS Master s degree programmes Courses offered by Master s Degree Programme in Interior Design (partly in English) Courses offered by Master s Degree Programme in Environmental Technology Master s degree level courses offered by FUAS University of Applied Sciences HAMK University of Applied Sciences Laurea University of Applied Sciences Master s degree level courses offered by other Universities of Applied Sciences Master s degree level courses offered by other universities in Finland and abroad MASTER'S THESIS 30 ECTS DEGREE PROGRAMME IN INTERNATIONAL BUSINESS MANAGEMENT 90 ECTS DEGREE PROGRAMME IN INTERNATIONAL BUSINESS MANAGEMENT 90 ECTS Degree Master of Business Administration Duration 90 ECTS, 1,5 years 2,5 years The duration of the degree is from 1,5 years to 2 years depending on student s personal study plan. All advanced professional studies as well as research methods and writing module are offered during the first academic year. Learning objectives The Degree Programme in International Business Management is intended for people who wish to develop their professional skills for working in demanding developmental or managerial tasks in international business environments. The programme improves the student s knowledge, skills, and competences of global business environments, strategic management, and process and project management as well as human resource management in international business contexts. The studies offer the student a strong base for managing and developing businesses as well as for self-management.
4 The focus of universities of applied sciences is on advanced work-oriented teaching and on applied research and development. Thus learning assignments and the research-oriented development project of the programme are implemented closely to the student's own work and organization or the thesis can be carried out with the projects run by the university. The degree programme provides students with a higher university of applied sciences degree Master of Business Administration which produces the same qualification for public office and commercial positions as an academic master s degree from traditional universities.moduulin osaamistavoitteet Learning outcomes of Master s degree programmes at Universities of Applied Sciences At Universities of Applied Sciences, the Master s degree comprises advanced vocational studies, elective studies and a final thesis or final project. Studies leading to the Master s degree provide the student with broad and advanced knowledge and the skills for developing the professional field and the theoretical skills for working in demanding expert and leadership positions in the field a profound understanding of the field, its relation to working life and society at large as well as the knowledge and skills needed for following and analysing both theoretical and professional developments in the field the capacity for life-long learning and the continuous development of ones own expertise good language and communication skills required in working life and the knowledge and skills needed to function and communicate in the field internationally. The aim of advanced professional studies is to provide the student with an opportunity to deepen the application of theory in practice, analytical skills, project management skills, and participation skills in research and development as well as social skills. The aim of the final thesis or project is to develop and demonstrate the capacity to apply researched information and use the chosen methodologies to analyse and solve problems as well as to develop the capacity for independent expert work. University of Applied Sciences Master's degrees represent level 7 in the European Qualifications Framework, EQF. The reference levels within the EQF are based on learning outcomes described as knowledge, skills and competences. TABLE 1. Learning outcomes relevant to level 7 in the European Qualifications Framework (EQF). Component Learning outcomes Knowledge Highly specialised knowledge, some of which is at the forefront of knowledge in a field of work or study, as the basis for original thinking and/or research. Critical awareness of knowledge issues in a field and at the interface between different fields. Skills Specialised problem-solving skills required in research and/or innovation in order to develop new knowledge and procedures and to integrate knowledge from different fields. Competence Manage and transform work or study contexts that are complex, unpredictable and require new strategic approaches. Take responsibility for contributing to professional knowledge and practice and/or for reviewing the strategic performance of teams. In the Finnish National Framework for Qualifications and Other Learning (NQF), the learning outcomes includes five components: 1) knowledge, 2) work method and application, 3) responsibility, management and entrepreneurship, 4) evaluation, and 5) key skills for lifelong learning. TABLE 2. Learning outcomes relevant to level 7 in the Finnish National Qualifications Framework (NQF). Component Learning outcomes Knowledge Understands comprehensive and highly specialised concepts, methods and knowledge corresponding to the special competence in his/her field, which are used as the basis for independent thought and/or research. Understands questions pertaining to the field and interfaces between various fields and evaluates them and new knowledge critically.
5 Work method and application (skills) Possesses the capability to solve demanding problems in research and innovation activities, where new methods and procedures are developed and knowledge from various fields is applied and combined. Responsibility, management and entrepreneurship Possesses the capability for independent work in demanding expert duties in the field or as an entrepreneur. Possesses the capability to manage and develop complex, unpredictable and new strategic approaches. Possesses the capability to manage work and/or people. Evaluation Possesses the capability to evaluate the activities of individuals or groups. Possesses the capability to accumulate knowledge and practices in his/her field and/or take responsibility for the development of others. Key skills for lifelong learning Possesses the capability for continuous learning. Knows how to communicate verbally and in writing both to audiences in the field and outside it. Possesses the capability to communicate at an advanced international level and to interact in one official language and at least one foreign language. Learning methods The studies are part-time studies and can be completed alongside a normal day job. Full-time study is also possible. Study methods include cooperative learning processes, independent work, contact lessons, e-learning, seminars and a research-oriented development project (30 ECTS) leading to a master s thesis. Each course includes an average of two two-day contact lessons. The contact lessons take place in the evenings and on Fridays and Saturdays, approximately 2-3 days a month, in Lahti or in Hämeenlinna. A part of the studies will be offered in co-operation with the other Master s Degree Programmes of Lahti University of Applied Sciences and Federation of Universities of Applied Sciences (FUAS). ADVANCED PROFESSIONAL STUDIES 50 ECTS ADVANCED PROFESSIONAL STUDIES 50 ECTS International business development 35 ects International business development 35 ects Student is able to understand how the international business environment affects business management and operations. One should be able to analyze market opportunities and to find out potential business opportunities in different market areas. The module increase understanding of business environment, critical stakeholders, regulations and legal situations and requirements. FORESIGHT METHODS AND FUTURE WORKSHOPS 5 ECTS 04MIB301 FORESIGHT METHODS AND FUTURE WORKSHOPS 5 ECTS The course increases understanding of the theoretical base of futures and its history, the perspectives used in futures studies and consideration of different transition processes. After successful completion of the course students can recognize and explain prevailing megatrends on a global level including the interaction and work community changes between the global business environment and Finnish society. Students can apply various foresight and future study methods as well as compare and interpret the effects of change both on society and on individual levels. Having successfully completed the course students can, by using foresight methods, apply and make potential society structure forecasts for Europe and Finland, and can make a change forecast and change strategy for their organization. Changes in the society, megatrends, weak signals, foresight methods.
6 Pre-assignment(s), lectures, virtual learning, and learning assignment(s). Evaluation 0-5. This course will be produced and taught together with Degree Programme in Entrepreneurship and Business Competence, Degree Programme in Environmental Engineering of Lahti University of Applied Sciences and Degree Programme in Business Management and Entrepreneurship of HAMK University of Applied Sciences. A part of the contact days are organized at HAMK in Hämeenlinna. STRATEGIC BUSINESS MANAGEMENT 5 ECTS 04MIB202 STRATEGIC BUSINESS MANAGEMENT 5 ECTS Students understand the main concepts and methods of strategic management in the international context. The student will learn about corporate strategy with respect to building business opportunities. After course, students will have the knowledge, tools, and understanding to apply strategic thinking to support the strategic management processes and they have know-how to build a company strategy, implement strategic plans, and perform a company's strategic analysis. Students understands how operations impact the company s strategy implementation. The company environment analysis, the strategy development process, development of a business model to fulfill the company strategy, the strategy implementation process, measuring the success of strategy implementation, alternative approaches to the traditional strategy process. Pre-assignment(s), lectures, virtual learning, and learning assignment(s). INTERNATIONAL BUSINESS CONCEPTS AND OPERATIONS 5 ECTS 04MIB203 INTERNATIONAL BUSINESS CONCEPTS AND OPERATIONS 5 ECTS After completing the course, students understand the various ways of the internationalization of SMEs, starting from the needs of the business strategy. As a learning outcome, students will be able to analyze and assess successful and profitable business concepts in the international markets. Students will be able to develop an internationalization strategy in a chosen market, to analyze the entry mode selection and to define the main financial instruments for the internationalization process. Further, students understand the legislative tradition and the challenges of legislation in the target countries. Business concept and tools, internationalization process, international networking, strategies for internationalization, financial instruments for the internationalization. Pre-assignment(s), lectures, virtual learning, and learning assignment(s). This course will be produced and taught together with Degree Programme in Business Management and Entrepreneurship of HAMK University of Applied Sciences. The contact days are organized at HAMK in Hämeenlinna. INTERNATIONAL MARKETING AND CUSTOMER RELATIONSHIP MANAGEMENT 5 ECTS
7 04MIB204 INTERNATIONAL MARKETING AND CUSTOMER RELATIONSHIP MANAGEMENT 5 ECTS Students understand the relationship between marketing and sales and how marketing impacts the company s business. Students are able to analyze various markets consisting of business-to-business and business-to-consumer customers. Students are able to create an action plan to manage and improve sales and marketing activities. Students know how to implement a marketing research and campaign for the company. Students know how to manage the company brand to achieve a competitive advantage. Students are able to evaluate sales and marketing activities. The course increase the students skills in customer relationship management. Students are able to identify the customers needs, classify customers within a customer portfolio, plan efficient and effective processes to take care of customers. Students are able to evaluate customer satisfaction, loyalty and profitability. Marketing process, the seven P s of marketing, branding and brand management, the sales and purchase processes, building a sales organization, negotiation management. Customer relationship management. Pre- assignment(s), lectures, virtual learning, and learning assignment(s). INTERNATIONAL BUSINESS CONTRACTS AND LEGAL FRAMEWORK 04MIB205 INTERNATIONAL BUSINESS CONTRACTS AND LEGAL FRAMEWORK Students understand the impact of legal issues on international business transactions. Students are able to analyze case situations from the legal point of view. The general international legal environment (including litigation and dispute settlement), the international sales transaction, trade law and regulations in the international market place, basic forms of doing international business. Pre-assignment(s), lectures, virtual learning, and learning assignment(s). INTERNATIONAL ACCOUNTING AND FINANCE 5 ECTS 04MIB109E INTERNATIONAL ACCOUNTING AND FINANCE 5 ECTS Student will be able to understand the importance of accounting in management decision making and is able to analyze and to use accounting information to use a strategic profit model and other tools in finding optimum financial solutions. The student will learn about potential financing systems and sources in the international context.
8 Financial and management accounting, accounting information and reporting, analytical tools, financial instruments and sources. Pre-assignment(s), lectures, virtual learning, and learning assignment(s). CROSS-CULTURAL COMPETENCES 5 ECTS 04MIB206 CROSS-CULTURAL COMPETENCES 5 ECTS The aim of the course is to train students to face challenges that successful working in international environment requires. During the course, students will understand how culture impacts their behaviour and communication, will learn what personal knowledge, skills and attitude is required in international business, will learn to understand how cultural differences work in international meetings, negotiations and social situations, and will get familiar with a model of global competency in international leadership. After this course, students are able to utilize cultural models and dimensions to enhance their cultural competence. They also understand the importance of one s cultural background in communication and appreciate culture as an important driver of behavior. Students will be able to apply the most popular theoretical frameworks and enlarge and deepen their understanding of the challenges and possibilities of a multi-cultural business environment. The course develops the students tolerance in a cross-cultural setting and their ability to act effectively in multi-cultural teams, global organization and cross-cultural environments. Concept of culture, cultural models and dimensions, perceptions of us and others, communication styles, intercultural communication dimensions, development of intercultural competence, trust in international teams, cultural do s and don ts. Assessment Pre-assignment(s), lectures, virtual learning, and learning assignment(s). Research and development 15 ects Research and development 15 ects The student will learn how to manage the research process and understand scientific reasoning and writing. The student will learn different approaches to research and research methodology. RESEARCH PROCESS AND RESEARCH METHODS 5 ECTS 04MIB207 RESEARCH PROCESS AND RESEARCH METHODS 5 ECTS The student will learn the characteristics of different research methods, the steps of the research process and is able to plan, carry out and evaluate research processes and development projects, and ultimately competently write a logical manuscript.
9 Research methods, research process, research process management, and research ethics. Lectures, virtual learning and learning assignment(s). RESEARCH REPORTING AND COMMUNICATION 5 ECTS 04MIB208 RESEARCH REPORTING AND COMMUNICATION 5 ECTS Student will learn the importance of professional and academic writing skills in reporting and communication in his/her own research project. Students are able to use proper vocabulary and style according to media and academic standards. Writing as analytical tool, writing in research process, different media and reporting options. Reporting and communication plan, professional magazine article, academic journal article, and press release based on Master s Thesis. DEVELOPER'S METHODS AND TOOLS 5 ECTS 04MIB302 DEVELOPER'S METHODS AND TOOLS 5 ECTS Student will get familiar with different development methods and tools, understand the problem solving principles and method selection, and learn to apply the chosen method or tool in problem solving. Content Problem solving principles and method selection, methods and tools for analyzing current state, methods and tools for setting up the future state, methods and tools for innovation and development activities for reaching the future state, methods and tools for development project management, and developers' workshop day; for learning in social groups and sharing experiences. Implementation and assessment Introduction, learning assignments about the chosen methods and/or tools, workshop day. Evaluation 0-5. ELECTIVE STUDIES 10 ECTS
10 ELECTIVE STUDIES 10 ECTS Students can choose elective studies either from the master-level studies offered by the Business Faculty or other Faculties at Lahti University of Applied Sciences. Elective studies can also be chosen from Professional Development Studies. Students can also find elective studies at other Universities of Applied Sciences or from Master-level programmes offered by universities in Finland or universities abroad. Before starting the elective studies students need to get approval from the principal lecturer, then the studies will be accepted to one's personal study plan. The theme of elective studies needs to be connected to business expertise and/or to the topic of one's thesis work. Master s degree level courses offered by Business Faculty Master s degree level courses offered by Business Faculty CONTEMPORARY VIEWS ON BUSINESS 5 OP & 10 OP 04YLT904 Contemporary Views on Business 5 op/ 04YLT905 Contemporary Views on Business 10 op Student Content is aware of international networks in his/her own field and is capable of acting in them is familiar with publishing process of an international conference paper/article is able to produce an international research publication is capable of presenting his/her research to international research society learns to adapt the results of international research to his/her own business field. Acting in international research and publishing process in his/her business field. To familiarize oneself with international networks and how to be active in one. Free-choice theme in business field and its current international research and publishing activities. Students can choose from three different ways to perform this course: 1) get acquainted with a scientific publishing process and write an international article, independently or as a member of a group 2) get acquainted with an international conference publication, produce and present a conference paper, independently or as a member of a group, learning diary (10 ects) 3) get acquainted with the practices of an international conference and with conference publishing process, participate in a conference. Article summaries (3) related to the theme of the conference, as pre-assignments. Conference paper summaries (3 ), learning diary (5 ects). Evaluation 0-5. Guides and instructions for writing, publishing and presenting an international conference paper and/or article. Articles and conference papers to be read and summarized, agreed to upon the teacher. Other material indicated by the lecturers. Costs Students cover the conference fee and travel- and accommodation costs themselves unless there is another agreement with the principal lecturer. Courses offered by Master's Degree Programme in Entrepreneurship for Small and Medium Enterprices Courses offered by Master's Degree Programme in Entrepreneurship for Small and Medium Enterprices PROCESS AND PROJECT MANAGEMENT 5 ECTS 04YLT202 PROCESS AND PROJECT MANAGEMENT 5 ECTS
11 Student is able to model processes, plan how to re-engineer and improve processes, use most common quality tools in improving processes, use most common project management tools, and apply process management, project management and change management principles. Content Process thinking, business process modeling, process re-enginering and improvement, process management, project management, and change management. Pre-assignment(s), lectures, virtual learning, and learning assighment(s). RESPONSIBLE BUSINESS MANAGEMENT 5 OP 04YLT901/4 RESPONSIBLE BUSINESS MANAGEMENT 5 OP The student understands the backgrounds and characteristics of responsible business management is able to adapt the theories and practices of responsible business management. The concept and utilization of responsible business management, ethics in business, social responsibility business models, corporate accountability, corporate governance, responsible stakeholder communication and reporting. This course will be taught in English together with Master s Degree Programme in International Business Management. Pre-assignment(s), lectures, virtual learning, and learning assignment(s). Master s degree level courses offered by other LUAS Master s degree programmes Master s degree level courses offered by other LUAS Master s degree programmes Courses offered by Master s Degree Programme in Interior Design (partly in English) Courses offered by Master s Degree Programme in Environmental Technology (in English) Course descriptions for Master-level programmes and Professional Development Studies offered by Lahti University of Applied Sciences can be found from study guides. Study guides are available at the website, Master s Degree level courses offered by FUAS University of Applied Sciences Course descriptions for Master-level programmes and Professional Development Studies offered by FUAS-network, Federation of Universities of Applied Sciences (HAMK and Laurea) can be found from FUAS website: and from the websites: and Master s Degree level courses offered by other Universities of Applied Sciences Courses can be found from websites of the Universities of Applied Sciences.
12 Master s Degree level courses offered by other universities in Finland and abroad Courses can be found from websites of the Universities. MASTER S THESIS 30 ECTS MASTER S THESIS 30 ECTS The student is able to plan, carry out, evaluate and report on his/her own research project. The thesis develops and demonstrates students ability to apply research data, to use selected methods for analysing and solving workplace problmes and to carry out demanding specialist tasks independently. The Master s Thesis is an applied research study based on completed studies, existing theoretical data in the field of expertice and emprical data acquired in the workplace. The thesis aims to solve a problem arising in a work environment. Its purpose is to create, produce and develop competence to safisfy the needs of the labour market and society. Choosing the relevant research method for the problem space, research design for both desk and field research, using analytical tools, report writing and oral defense. Research seminars: Topic analysis seminar (during the first semester), research plan seminar (during the second semester), and publication seminar (during the third semester). Master s Thesis report and maturity test. Evaluation scale 1-5. STRATEGIC KNOWLEDGE AND COMPETENCE MANAGEMENT 5 ECTS 04YLT204 STRATEGIC KNOWLEDGE AND COMPETENCE MANAGEMENT 5 ECTS Students are able to recognise the competences needed in a certain business environment and to evaluate the development needs. Students are also able to organize the ways of competence development and knowledge transfer. Students are able to analyze their own role in competence management and competence development needs. The course gives students a deeper understanding of their own competences in international business environment. Organizational learning, organizational knowledge and competence, knowledge management, competence management, competence mapping, competence development, strategic human resource management, Pre-assignment(s), lectures, virtual learning, and learning assignment(s). This course will be taught together with Master s Degree Programme in Entrepreneurship for Small and Medium Enterprises.
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