International Business Minor

The International Business minor is designed to be paired with a Smeal major program to provide students with an opportunity to focus on international business. It provides students with knowledge, skills, and experiences that prepare them for a business career that might include international responsibilities.

Students gain perspectives about the challenges and opportunities of commercial activity in a global business environment through five requirements:

• Courses in fundamental business concepts
• Courses in international economics or international business
• Foreign language courses or skills
• Other courses through approved study abroad programs
• A course in an international-related topic.

The International Business minor is only open to Smeal business students.

Requirements

IB Minor Application
IB Minor Course Substitution Form
IB Minor Petition

• A grade of "C" or higher is required in all courses for the I B minor. (Note: Courses cannot double count in multiple areas of the minor.)
• Students must complete their entire program in order to fulfill the minor. Please note that many programs require a minimum number of credits, and this requirement must be met.

1. Take all of the following courses (12 credits): ACCTG 211, BA 301, BA 302, BA 303, BA 304
2. Select a 3 credit IB 400-level course (IB 403, IB 404, IB 440, IB 450, IB 497).  Courses cannot double count in any other category.
3. Select 3 credits from the following courses: IB 303 or ECON 333. (Note: Students may choose to take an additional IB 400-level course to fulfill this requirement) 
   
4. Select at least 3 credits of foreign language at Penn State or on a PSU education abroad program.  (Note: Students exempted from the foreign language requirement for their baccalaureate degree must still complete at least 3 credits of foreign language. No AP credit, CLEP credit, transfer credit, or proficiency exam accepted.)
5. Select a minimum of 6 credits from an Approved Education Abroad Program and complete the requirements of that program, including required courses and number of credits. Students interested in the International Business minor must have their education abroad program pre-approved by the Smeal College Office of International Programs prior to selection and application. No exceptions will be granted. For non-PSU programs the IB Minor Petition will need to be submitted after consultation with the Smeal Office of International Programs.
   
6. Select 3 credits of 400-level International Business Related Coursework (Note: Courses cannot double count in multiple areas of the minor.)  Choose from the following:

ANTH 455 (3) Global Processes and Local Systems

CAS 471 (3) (US;IL) Intercultural Communication Theory and Research
 E B F 401 (3) Strategic Corporate Finance for the Earth, Energy, and Materials Industries
ECON 433 (3) Advanced International Trade Theory and Policy
ECON 434 (3) International Finance and Open Economy Macroeconomics
ECON 471 (3) Growth and Development
ECON 474 (3) East Asian Economies
FIN 407 (3) Multinational Financial Management
FR 408 (3) French-American Business Translation
GEOG 424 (3) (US;IL) Geography of the Global Economy
GER 408 (3) Advanced German Business Communication
I B 403 (3) International Business and National Policies
I B 404 (3) Contemporary Issues in International Business
I B 440 (3) (US;IL) Globalization and Its Implications
I B 450 (3) The Business Environment of Europe

I B 497A (3) International Business in Emerging Nations
LER (L I R) 400 (3) Comparative Industrial Relations Systems
MGMT 461 (3) International Management
MKTG 445 (3) (IL) Global Marketing
PL SC 412 (3) International Political Economy
R EST 450 (3) Urban Property Rights and Land Use Issues
SPAN 420 (3) Spanish for Business and International Trade

*You may be eligible to substitute a course abroad for one of these requirements. Please speak to the Smeal International Programs Office to explore this option.