International Business with a Modern Language (IBML) AS Open Day 23rd January 2013

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1 International Business with a Modern Language (IBML) AS Open Day 23rd January 2013

2 Contents Why Study IBML Aims of the course IBML Degree Structure Career prospects Is IBML for me? Taster exercise - Should English be the worlds international language?

3 Why Study IBML? Domestic saturation, rapid diffusion of ICT and a hypercompetitive and rapidly changing environment. Senior managers must be able to conduct their business effectively in international and global markets. Detailed understanding of business theory and practice, the skills to adapt to diverse international business practices and the knowledge and ability to be sensitive to differences in culture and language.

4 Aims of the Course Equip students with the knowledge and skills needed to develop a career in an international business environment. Equip students with fluency in a modern language and knowledge of the political, social, cultural and economic environments of those countries. To provide a supportive learning environment within which students have the opportunity to fulfil their academic potential. Equip graduates with the knowledge and skills needed to undertake further study in Management or in related disciplines.

5 Achieving the Aims Research-informed teaching Academic staff who teach on modules are research active in each of their respective field of interest. Diverse range of teaching modes and methods Large and small group teaching, computer assisted learning, industry visits, guest lectures, modules taught in study language. Placement experience Apply knowledge to a real-world setting and reflect on practice(s) in final year.

6 IBML Degree Structure: Year 1 (10%) Semester 1 Semester 2 MGT Compulsory Global Business Environment Accounting for Non-specialists LAN Compulsory Language MGT Compulsory Economics of Organisations Information and Organisations LAN Compulsory Language

7 IBML Degree Structure: Year 2 (20%) Semester 1 Semester 2 MGT Compulsory MGT Compulsory Principles of Marketing MGT Options Choose ONE Business Research Methods Accounting for Managers in an International Context LAN Compulsory Language International Business MGT Options Choose ONE Human Resource Management Operations Management LAN Compulsory Language

8 IBML Degree Structure: Year 3 (10%) All company images / logos from respective Websites or Google images

9 Benefits of Placement Enhanced employability Greater understanding of the work ethic Career development and planning Personal development Professional Networking Monetary benefits

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11 What our students say "I'm really enjoying placement, it's a lot of work but it's amazing to be given such responsibility and a chance to demonstrate what you can do to a big international company. It's such a unique experience and I'm learning a lot of things that I think will be useful in my future career. Catherine McKenna BSc International Business with French Citi Paris

12 What our students say I am currently working for Amadeus IT Group in Madrid in Spain. Although it is an English speaking company, living in Spain has greatly improved my language abilities both in understanding and speaking, keeping a language on makes you more employable and if you have a passion for travel and languages it can open a world of opportunities up to you. The challenges of this experience both help you personally and professionally. I am currently working in the Revenue Management dept, it has given me an insight into some accounting practices. It has helped me become clearer about the path I may take when I finish my degree. The good thing about our degree is that is gives you a lot of different experiences and modules so you can try different things to see what you like and what you will work with in the future. Anna Crawley BSc International Business with Spanish Amadeus Madrid

13 IBML Degree Structure: Year 4 (60%) Semester 1 Semester 2 MGT Compulsory MGT Compulsory International Business Strategy MGT Options Choose ONE Supply Chain Management Contemporary Issues in MGT Entrepreneurship LAN Compulsory Language Applied International Business MGT Options Choose ONE Business Ethics Public Sector Management Managing Innovation LAN Compulsory Language

14 Prizes and Awards Randox Laboratories Prize Best Final year student in International Business with French Awarded to Lisa Messina

15 Prizes and Awards Randox Laboratories Prize Best Final year student in International Business with Spanish Awarded to Leigh-Ann Rodgers

16 Career Prospects International Account Management International Marketing Regional Government Corporate Strategy Global Supply Chain Management

17 Is IBML For Me? Interested in business behaviour, why firms grow and expand beyond national boundaries. Desire to travel, experience new cultures and the challenge of setting up new ventures in diverse markets. Develop language proficiency and be able to communicate and conduct business in new and emerging markets. Require a intellectual challenge that could be rewarded with a graduate employment offer upon completion.

18 Show Me The Money! article by Neil Faulkner published on Yahoo! Those studying European Languages Earn approximately 165,000 extra compared to non-graduates on average, during their lives.

19 Entrance Requirements A-level AAB + GCSE Mathematics grade B. For French option: normally A-level French grade B or AS-level French grade B. For Spanish option: normally A-level Spanish grade B or AS-level Spanish grade B or GCSE Spanish grade B or evidence of linguistic ability in another language. Note: if the language is studied at a higher level then the grade required at that level must be achieved.

20 Taster Exercise Debate Should English be the worlds international language?

21 Should English Be the World s International Language? If English is the world language, it could burn away the cultural differences that make our world so interesting Our entire concept of everyday reality is shaped around language. If you speak multiple languages, you start to see things in many more shades because some concepts just cannot be translated, directly or indirectly. According to studies by Bruck, Lambert, Tucker (1974), Hakuta (1986) and Weatherford (1986), children enrolled in foreign language courses demonstrate stronger cognitive skills, particularly in the area of creativity. An added bonus: those with competency (not necessarily fluency) in more than one language tend to have higher intelligence scores on standardized tests. Language, more than anything else, defines a people. You can t fully understand a culture without first learning the language. (Dipp, 2008)

22 Should English Be the World s International Language? Foreign languages are also important to those working in business, communications and nearly every other career track. Even if your potential clientele speak English, there isn t a better way to understand their needs and cultural desires than to learn their language. "No culture can live, if it attempts to be exclusive." - Mohandas K. Gandhi, Indian nationalist and spiritual leader

23 Most Popular Languages 2. Spanish 3. English* 7. Portuguese** 16. French Plans to extend International Business undergraduate suite to include English* (non-fluent speakers) and Portuguese** within next 2-3 years, subject to approval. Source: Ethnologue (2010)

24 Which languages -- other than English -- are most useful for conducting business around the world? Language Score No. of Countries Mandarin French Arabic Spanish Russian Portuguese Japanese German No. of people (Millions) Sources: World Bank, IMF, Ethnologue, UN Educational, Scientific and Cultural Organization (UNESCO), CIA, International Telecommunications Union, UN World Tourism Organization (UNWTO) (As of the 5 th August 2011)

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