The forces of globalisation have brought people, firms and markets across the world closer together than ever before. Modern companies need to master both international and local dimensions to succeed in an increasingly competitive setting.
The International Business profile has international firms and organisations as its core focus area. It is highly relevant to students who are interested in understanding the opportunities and challenges that firms and international organisations meet in the global environment.
Students will be equipped with the right mix of analytical and practical skills for a career in multinational companies, international organisations or smaller firms whose activities involve a substantial degree of international business.
The International Business (INB) profile provides you with knowledge and insights that are specifically relevant to the organisation and management of global activities.
Global firms transcend national boundaries in the labour market as well as in product and factor markets, and this creates managerial challenges. For example, global firms hire from an international pool of talents and must meet the challenge of managing a nationally and culturally diverse work force.
Global firms also source their input from suppliers around the globe and must deal with the cultural, logistic and institutional challenges involved in managing a global supply chain. The INB profile provides you with insights into and understandings of all of these issues that are core areas for managers in global firms.
Understanding the global business environment is equally important. International organisations such as the WTO, and global and regional trade and integration agreements, such as the EU, shape the global market place and the business models and strategies of global firms. Furthermore, international financial markets play a key role for such firms. The INB profile gives you thorough insights into and understanding of the global business environment facing any firm or organisation operating internationally.
To an increasing extent, firms are held responsible for their policies toward employees, the environment and consumers across national boundaries. Managers in global firms need to know how to identify and deal with the challenges, and to ensure that the firm as well as its complete supply chain acts responsibly and in accordance with high international standards.
The INB profile gives you a solid foundation for responsible leadership in an international context.
The INB profile can easily be combined with international opportunities offered to NHH students, like exchange, CEMS and double degrees. In particular, it is well suited to combine with the CEMS Master in International Management.
Upon completion of the Master of Science in Economics and Business Administration with a major in International Business, the following learning outcomes apply:
- Have advanced professional insights into the global environment and the strategic and managerial challenges facing global firms.
- Have up-to-date knowledge of relevant theories and a profound understanding of the multi-disciplinary nature of international business.
- Have solid competencies in empirical method applicable to international business as well as of ethics in an international business context.
- Can apply methodological and interdisciplinary skills to identify challenges and opportunities arising in international organisations.
- Can use information and theoretical insights to propose and evaluate solutions to international challenges.
- Can use the insights and theoretical foundation in international business as basis for acquiring new information and knowledge needed to handle international challenges.
- Can communicate with both specialists and non-specialists about challenges and opportunities in international business.
- Can reflect upon and take into consideration ethical issues and social responsibility, being aware of the added challenges that may arise in an international setting.
- Can contribute with new insights and perspectives that further business development from an international perspective.
Recommended course combinations
Recommended course combinations
The International Business profile is well suited to combine with the CEMS Master in International Management, both because of the similarities in focus, and because for CEMS students, the mandatory CEMS course INB422C International Strategy can replace the core course INB400 International Organization and Management in INB.
Are you curious about taking a PhD or interested in more research-oriented work both at NHH and later in your career, find out more about the Research Distinction track within the master's programme.
Ethics courses available in the International Business major:
- BUS446 Sustainable Business Models
- BUS452 Corruption - Incentives, Disclosure and Liability
- ETI450 Corporate Social Responsibility
Remember that the ethics course can also be a part of your elective courses. See list of all ethics courses.