MSc International Business
You will begin Term 1 with three modules, that cover key business areas (Foundations of Financial & Management Accounting, Quantitative Methods for Business, and Strategy Analysis and Practice). Additionally the International Business module is the first of your specialist international business modules.
In Term 2 you will study Fundamentals of Economic Behaviour, another key business area, looking at microeconomics but with our unique behavioural science perspective. You will also do two more of your specialist modules (Marketing in an International Environment, and Work and Human Resources in a Global Context). Finally you choose one optional module, allowing you to explore another field.
In Term 3 you will study your fourth specialist module, International Business Strategy, and an optional module. You also follow the course content relating to either the Dissertation or Business in Practice route.
We offer a range of optional modules which reflect the research strength of WBS across the business and management disciplines. You undertake one optional module in Term 2 and in Term 3 (if you choose the Dissertation route, your Term 2 optional module must be Research Methodology). Please note that module availability may vary and that your first choice may not be guaranteed. Please see the drop down link for module descriptions.
Assessment is a mix of exams, assignments, assessed group project work, and tests. Your dissertation or Business in Practice module brings all of your learning together.
Choice of Dissertation or Business in Practice route:
If you are considering further academic study (PhD) and you would like the opportunity to research a topic relating to international business, the 6,000 word dissertation enables you to test and apply the techniques and theories you have gained. You will be supervised and supported throughout, and the Term 2 compulsory module Research Methodology helps you prepare.
In total you will study eight compulsory modules and one optional module, and complete a dissertation and a Research Methodology module.
Business in Practice route
If you would like to develop further applied skills to suit your career aspirations, you can complete your studies with our applied Business in Practice module. You will develop your business knowledge and personal skills with practical insights from our faculty and our CareersPlus & Corporate Relations team.
In total you will study eight compulsory modules, two optional modules and also complete the compulsory Business in Practice capstone module.
See indicative compulsory and optional modules for this course
The module aims to develop a critical awareness of the issues, problems, concepts, and skills associated with the development of international business strategy and operations. Topics will include: the drivers and processes of internationalisation, cross-cultural management challenges, the assessment of overseas investment opportunities and the specific challenges of emerging markets.
Strategy Analysis and Practice
This module will provide you with a foundation for, and a critical assessment of, theoretical and empirical approaches to strategy. Consider the links between strategy and performance and contextualise strategy in its historical and academic roots. Case studies will allow you to explore the frameworks and models for the interrogation and development of strategy in a variety of industries.
Quantitative Methods for Business
The module aims to provide an introduction to quantitative methods to students from non-numerical backgrounds. The module will equip students with an understanding of descriptive/inferential statistics and data presentation and enable them to apply the major tools needed for MSc level study and for the use of data analysis in the workplace.
Marketing in an International Environment
You will identify and evaluate a selection of the major contemporary challenges facing organisations in designing and refining the route to market in changing market conditions, taking a process perspective. Gain the basis for challenging conventional marketing frameworks and techniques and explore the value of traditional marketing practices.
Foundations of Financial & Management Accounting
The module covers the basic principles of both financial and management accounting. It is designed for students who wish to go into business and need to use and understand accounting information and appreciate the financial implications of business actions.
Fundamentals of Economic Behaviour
The module aims to introduce fundamental economic concepts to non-economists. It will familiarise students with conventional assumptions about the behaviour of individuals and firms, their interactions in markets and the role of government with respect to market failures of various kinds. It will alert students to some basic questions and doubts about the conventional assumptions - If you enjoy this module there is an option available in the summer term for students who select the Business in Practice route to go deeper into the issues raised in an elective module entitled Behavioural Economics.
International Business Strategy
This module builds on knowledge gained from the earlier module International Business. The module develops an understanding of the key strategic challenges facing internationally-focussed businesses and analyse how companies design, implement and manage international strategies.
Work and Human Resources in a Global Context
The aims of this module are:
- To understand the development of the supranational, national and firm based context of employment relations
- To understand and evaluate the interaction between the emerging multi-level governance of employment relations
- To understand how political, economic and social contexts shape shape employment relations
- To analyse the extent to which convergence and divergence is being experienced in employment relations.
Governance and Corporate Responsibility
Appreciate the wider institutional location of business activity. Examine how firms are both 'takers' and 'givers' of governance and regulation in a variety of formal and informal ways.
Digital Working & Organisational Transformation
To be effective in modern organisations requires an understanding of the dynamics of digital work. This module equips students with a broad understanding of the tools and organisational arrangements driving this shift towards digital working, and provides them with techniques and frameworks to operate effectively in this more dynamic and fluid work environment. The module reviews major trends and changes in the workplace arising from the increased adoption of digital tools to support work practices in modern organisations. It reviews major drivers of adoption of these tools and the emergence of new dynamics of interactions and patterns of work.
Leading for Innovation
This module aims to develop a greater understanding of how to foster an innovative work environment. It also aims to understand how to develop leaders for innovation.
This module aims to span a range of sectors with a multidisciplinary approach, and to sensitise students to the strategic power of projects for achieving sustainable competitive advantage. The module provides conceptual, analytical and practical insights into the management of projects.
Students will investigate and analyse organisational situations where issues of ethics, values and responsibility are paramount.
This module introduces students to the ways in which economists and psychologists have used behavioural theories and experimental methods to provide extensions to, or alternatives to, the conventional economic wisdom covered by most standard Microeconomic courses. It will examine recent cutting-edge research and consider the implications of that research for individual decision making, the operation of markets and public sector policy-making.
Design in Business
The objectives of this module are to:
- Provide students with an appreciation of the roles of design within a business context
- Develop in students a good understanding of the contribution design can make to innovation and organisational success
- Critically examine various innovation and design approaches and processes, and the scope and content of design in both product and service contexts
- Provide insights into the functions and contributions of professional designers
- Discuss the emergence of 'design thinking' and its importance to business
- Explore the issues related to the management of cross-functional teams
- Examine the impact that design and designers can make on organisational performance.
Digital Marketing Technology & Management
This module aims to provide an overview about how today's firms use digital marketing technologies to achieve their business objectives. Students will require theoretical and practical subject knowledge and understanding, cognitive and methodological skills (e.g. written assignment, critical reflections, discussions in seminars, hands-on exercises) and social/soft skills (e.g. leadership and team work).
Forecasting for Decision Makers
The module aims to providing training on methods that aid decision making when managers face an uncertain future. The module covers methods for short-term and long-term forecasting of product demand and macroeconomic variables. The module discusses how forecasting aids decision-making.
Corporate Finance is the study of financial decision-making processes at the corporate level. This introductory level Corporate Finance module deals with questions such as the following:
• What are the decisions that financial managers are required to make?
• What are the objectives that (should) govern these decisions?
• What are the constraints imposed by the economic and regulatory framework?
• How can the different available choices be evaluated and ranked?
• Can conflicts of interest distort the manager's incentives to pursue their goals?
Economics in the Global Environment
This module provides real world examples and case studies which illustrate how economic thinking helps businesses make the most of new opportunities while managing the risks associated with expansion into new markets and regions. The topics covered draw on ideas and research from macroeconomics, microeconomics, international finance, energy, resources, development and labour economics. The module teaches introductory economics, from a global perspective.
Business IT & Services
Students will investigate the management issues surrounding the utilisation and delivery of business IT and services within organisations, with particular focus on the new major trend of outsourcing.
Entrepreneurship and Business Venturing
In this module you will study the contexts, components, and processes of entrepreneurial behaviour in different types of organisations and focus on key issues in developing business proposals and plans.
Leading the knowledge based organisation
This module will allow you to:
- Gain a broad understanding of the innovation process and the different ways in which this can be addressed from a managerial point of view
- Introduce different theories on what organisational knowledge actually is, how it can be transferred and how it can be managed
- Appreciate the social nature of knowledgeable activities and roles of leaders and managers in coordinating such activities
- Learn about how firms leverage external and internal knowledge assets and ideas
- Develop practical insights into ways of leading knowledge-based organisations, including what not to do
- Develop an understanding of what knowledge workers, such as consultants, senior leaders and innovation experts, actually do and how they can be managed.
If you select the dissertation route, Research Methodology becomes a compulsory module for you and it gives you the academic skills to confidently approach your dissertation topic. The focus is on epistemological foundations, the design of a research project, the preparation for and execution of valid and reliable business research (whether qualitative or quantitative), and on the writing up and presentation of research results.
Dissertation or Business in Practice
Business in Practice
The Business in Practice module is the core capstone module for students who choose this route instead of the dissertation route. It will illustrate business theory in practice by combing academic lecture input with expert practitioner insights, and will also provide intensive personal work-skills development via WBS CareersPlus team.The module is taught over two intensive weeks incorporating an innovative and exciting business simulation. The module is assessed through a Firm Analysis assignment and an Individual Reflective Journal assignment.
If you select the dissertation route you will work with an allocated academic supervisor and research a topic relating to International Business. The module is assessed by a 6,000 word formal dissertation.