The global business concentration provides you in-depth and practical instruction for leadership development and in addressing issues affecting the globalized marketplace of the 21st century. With real-world applications, you'll be equipped to lead and add value in a dynamic and innovative business environment.
Optional Global Trip
As an opportunity to bring classroom learning into practice, you're invited to join other PGS students in a global trip designed to provide real-world experience in the global marketplace. This trip provides the opportunity for you to:
- Gain knowledge of global business by examining the integration of economic, cultural and political systems across geographic borders.
- Develop and demonstrate cultural intelligence through interactions with members of the global community.
- Meet international business leaders, observing ways in which they are supporting and creating change.
This 5-10 day international trip is included in the optional BUS-511: Global Business Experience course, which can be used as a substitute for the concentration course BUS-516: Global Business Leadership. In addition to the trip, this practical BUS-511 course incorporates online course work such as reading literature applicable to the field of global business, reflecting on your experience through travel journals and synthesizing your learning through a final paper.
Graduate studies in business administration with a specialization in global business prepare you for a variety of career opportunities and advanced graduate-level programs. For example, this includes areas such as:
- International banking
- International business consulting
- International relations
- International trade
- Nonprofit management
- Public relations
Degree Program Requirements
A master's in business administration with a specialization in global business requires 38 total credit hours. This includes 9 credit hours of vocationally-focused concentration classes. This full-time program offers courses one at a time and is approximately 78 weeks long.
- BUS-509: International Business Practices—3 credit hours, 6 weeks
- ECN-513: Global Economic Environment—3 credit hours, 6 weeks
- BUS-516: Global Business Leadership—3 credit hours, 6 weeks
Core Courses: 29 credits, 60 weeks
- BUS-505: Research Methods—3 credit hours, 7 weeks
- BUS-503: Ethics, Values and Social Responsibility—3 credit hours, 6 weeks
- BUS-507: Quantitative Analysis—3 credit hours, 7 weeks
- MGT-531: Organizational Behavior and Change—3 credit hours, 6 weeks
- ACC-525: Accounting for Decision Making—4 credit hours, 8 weeks
- FIN-643: Managerial Finance—4 credit hours, 8 weeks
- MKT-651: Marketing Strategies—3 credit hours, 6 weeks
- ECN-530: Economics—3 credit hours, 6 weeks
- MGT-539: Entrepreneurship and Innovation—3 credit hours, 6 weeks
The course descriptions below preview the content you can expect to learn through the Master of Business program. For information about our academic policies and graduation requirements, see the PGS Graduate Academic Catalog.
An examination of research methods available for the 21st century organization and statistical concepts useful for data-driven decision making. Focus is placed on the systematic process of collecting, analyzing and interpreting research articles and data to answer a specific research question. The course will also introduce students to basic descriptive and inferential statistical tools within the context of a business related problem.
A theoretical and practical overview of ethics theory, values formation and ethical decision making within the context of management and leadership. Ethics and values are presented from a Judeo-Christian perspective with emphasis on workable models for ethical decision making and social responsibility at both the professional and personal level.
A study of quantitative techniques useful in business decision-making. Topics include exploratory analysis, descriptive statistics and inferential statistics: t-tests, analysis of variance, correlation, regression and chi-square analysis.
The study of the behavior of individuals and teams within organizations based on current management theory. Emphasis is given to understanding, predicting, motivating and changing work-related behaviors in organizations. Key topics include organizational structure, understanding culture, power, diversity, leadership and communication within the organization.
An examination of contemporary accounting issues for managers, such as principles, techniques and uses of accounting in the planning and decision making of organizations. The use of information technology plays a key role in this course. Areas of emphasis include the budgetary process, performance evaluation techniques, product costing methods, constraint management and ethics.
A study of essential concepts of financial management including working capital management, capital budgeting, capital structures, planning, time value of money and dividend policy. Prerequisite: ACC-525.
A case-method course using real marketing issues as a means to learn how to synthesize marketing fundamentals into effective and practical solutions.
A study of the decision-making skills necessary for managers and entrepreneurs in the context of the macroeconomic environment and the application of microeconomic price theory as it pertains to human capital issues. Readings include essays by several Nobel prize-winning economists. Further, the course challenges students to develop a Christ-centered worldview regarding economic issues pertinent to managers.
A focused study of the tools needed in identifying and capitalizing on entrepreneurial business opportunities, methods for managing those opportunities and critical thinking skills needed for innovation and growth. Students work with a team to design an entrepreneurial venture. Additional topics include stimulating new ideas, managing innovative ideas, adapting to change and individual and group roles in the creative process.
An examination of the environmental and cultural issues facing global organizations. Emphasis is given to global business operations and processes in practice. Additional issues covered include allocation of global resources, theoretical foundations surrounding global trade and financial management, and the challenges and opportunities of developing strategies for the global organization
A focus on the global economic environment as a basis for decision making within a global business. Topics include the impact of globalization on the economies of the United States, Europe, Asia and other world economies, exchange rate theory and political regimes. Prerequisite: ECN-530.
Global Business Leadership will allow students to comprehend, apply, synthesize, analyze and evaluate concepts, models, theories and ideas related to the complexities of cultural differences within a globalized business environment. Topics will include cultural differences, cultural intelligences, the effects of culture on ethical decision-making, and Hofstede's classic model and typology of national cultures, along with critiques of this model, critiques of cultural intelligence, and what empirical research indicates about solving business problems in a multi-cultural, multi-ethnic, multi-religions society, both in the United States and internationally.