International Business

International Business

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 is highly relevant to students who consider a career in multinational companies, international organisations or smaller firms whose activities involve a substantial degree of international business.

The International Business profile provide students with insights and understandings of the opportunities and challenges that multinational firms, such as, Nestlé, Orkla, Lenovo, Telenor, AirB&B etc. face in the global environment. It also gives a solid basis for a career in more specialised industries, like shipping, or in international organisations, like the OECD or WTO. 

 

About the programme

ECTS Credits
120
Degree
Master i økonomi og administrasjon / MSc in Economics and Business Administration
  • Subject areas

    Subject areas

    The core courses in the International Business (INB) profile provides you with knowledge about the global environment and how multinational firms creates business opportunities and meet threats and challenges in the global marketplace. The electives add opportunities to specialise in various directions and/or to secure a broader set of skills and insights of relevance for internationally oriented firms and organisations.

    Global firms transcend national boundaries in the labour market as well as in product and factor markets.

    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 internationally oriented 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.

  • Learning outcome

    Learning outcome

    Upon completion of the Master of Science in Economics and Business Administration with a major in International Business, the following learning outcomes apply:

    Knowledge

    The candidates

    • 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.

    Skills

    The candidates

    • 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.

    General competencies

    The candidates

    • 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 INB profile is well suited to combine with the CEMS Master in International Management. CEMS students can replace the core course INB400 Global Strategy and Management in INB with the mandatory CEMS course INB422C International Strategy.

    Students can combine the core courses in the INB profile with many different elective courses to create their own specialisation within international business. Three broad categories are suggested: international management, operations management and global business environment and policies. 

    International management:

    Combine the core courses INB400 Global Strategy and Management and INB427 Globalisation and Integration with elective course that provide specific insight into the challenges of creating strategic opportunities and manage an international workforce.

    We recommend the following electives:

    • INB423 International Marketing
    • INB429 EU law
    • MBM430 Global business venturing
    • NBD 406 Innovation and Strategic Entrepreneurship
    • INB428 Topics in International Economic History in the 19th and 20th century
    • NBD407 Business Model Innovation

    Operations management:

    Focus on the actual operations of international firms and global value chains. The methodology course BUS461 Decision Modelling in Business is particularly relevant for this specialisation. The core courses INB400 Global Strategy and Management and INB427 Globalisation and Integration discuss global value chains in a general context, while a number of the electives help understand the operational issues:

    • BUS 403 Supply Chain Management
    • INB 423 International Marketing
    • BUS 460 Operational Risk management.
    • BUS 429 Pricing analytics and revenue management.
    • BUS 446 Sustainable Business Models
    • BAN4X1 Applications of Business Analytics (2.5 ECTS)

    Global business environment and policies:

    Broad insights into the political and market environment for international business can be gained by combining the core courses INB427 Globalisation and Integration and FIE433 International Finance with electives like:

    • BUS458 International Business Taxation
    • FIE441 Taxes and Business Strategy
    • FIE403 Business Cycle Analysis
    • ENE430 Commodity trading and transport
    • FIE454 Business and Finance in China
    • INB428 Topics in International Economic History in the 19th and 20th century
    • INB429 EU Law
    • Any of the three ethics courses in INB

    These are only suggestions. Depending on your own interests, any combination of courses would give you a solid basis for a career in international business.

  • Empirical methods courses

    Empirical methods courses

    • ECN402 Econometric Techniques
    • BUS449 Multivariate Analysis for Business Economics
    • BUS461 Decision Modelling in Business
    • FIE401A/B Financial Data Analysis
    • STR402 Methodology for Master Thesis
  • Research distinction

    Research distinction

    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.

    Read more about Research distinction

  • Ethics courses

    Ethics courses

    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.

  • Internasjonale muligheter

    Internasjonale muligheter

    Utveksling, CEMS MIM, dobbelgrad, Innovation School m.m. Som NHH-student har du mange spennende muligheter til å få internasjonal erfaring i løpet av studiet.

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  • Jobb og karriere

    Jobb og karriere

    Som siviløkonom fra NHH er du kvalifisert for en rekke jobber i mange ulike bransjer. Du har også et godt grunnlag for videre doktorgradsstudier. Undersøkelser viser at 75 prosent av studentene har jobb før de er ferdige med studiene.

    Les mer om jobb og karriere