Undergraduate Course: International Business in Emerging Markets (BUST10018)
Course Outline
| School | Business School |
College | College of Arts, Humanities and Social Sciences |
| Credit level (Normal year taken) | SCQF Level 10 (Year 3 Undergraduate) |
Availability | Available to all students |
| SCQF Credits | 20 |
ECTS Credits | 10 |
| Summary | The aim of this module is to provide students with an appreciation of the additional complexities and dynamics of doing international business in emerging markets and to critically explore how firms can address the challenges and risks inherent in institutional environments in emerging economies. This course will contribute to mainstreaming international business in the curriculum.
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| Course description |
The course covers a wide range of materials addressing business environments and strategies relating to emerging/developing economies. Discussing and applying concepts such as entry strategy, offshoring in real cases, and using various analytical tools to advance your understanding and skills of international business in real industry and business.
Course outline:
Introduction: globalisation and development
Theme 1 Understanding international business in the emerging market context.
The political economy of international business
The dynamism of the emerging economies
The theories of international business and the new dimensions.
Theme 2 Strategy and Practices in the emerging market context
Global production network and outsourcing decisions
Emerging market multinationals
Internationalisation strategies
Theme 3 The current debates in international business
Student Learning Experience
The course will comprise ten sessions of two hours duration to be held each week in Semester 2. The course will combine lectures and seminars. In addition to the normal requirements of academic study, students will be expected to engage in class discussions and case studies
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Information for Visiting Students
| Pre-requisites | Visiting students must have at least 4 Business/Management courses at grade B or above. This course cannot be taken alongside BUST08008 International Business: Globalisation and Trade 2A. We will only consider University/College level courses.
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| High Demand Course? |
Yes |
Course Delivery Information
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| Academic year 2024/25, Available to all students (SV1)
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Quota: None |
| Course Start |
Semester 2 |
Timetable |
Timetable |
| Learning and Teaching activities (Further Info) |
Total Hours:
200
(
Lecture Hours 20,
Programme Level Learning and Teaching Hours 4,
Directed Learning and Independent Learning Hours
176 )
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| Assessment (Further Info) |
Written Exam
70 %,
Coursework
30 %,
Practical Exam
0 %
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| Additional Information (Assessment) |
30% coursework (group): Essay incl 20% peer assessment adjustment - assesses all learning outcomes
70% exam (individual) - assesses all learning outcomes |
| Feedback |
Feedback will be provided on the assessment within agreed deadlines. |
| Exam Information |
| Exam Diet |
Paper Name |
Hours & Minutes |
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| Main Exam Diet S2 (April/May) | | 2:00 | |
Learning Outcomes
On completion of this course, the student will be able to:
- Understand and discuss critically the main theories and patterns of foreign direct investment and issues that foreign investors have to concern when doing business in emerging markets.
- Discuss analytically the major changes in the world trade system and international business environment and draw implications for emerging economies.
- Explain and discuss critically the specific features of emerging markets and the opportunities and challenges facing indigenous investors in major emerging markets like BRICs (Brazil, Russia, India, China and South Africa).
- Analyse and evaluate appropriate strategies operating in international markets.
- Evaluate foreign investment strategy from the perspective of the foreign investor, and that of the host government of an emerging market.
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Additional Information
| Graduate Attributes and Skills |
Cognitive skills
After completing this course, students should be able to:
- Be self-motivated; curious; show initiative; set, achieve and surpass goals; as well as demonstrating adaptability, capable of handling complexity and ambiguity, with a willingness to learn; as well as being able to demonstrate the use digital and other tools to carry out tasks effectively, productively, and with attention to quality.
- Understand how to manage and sustain successful individual and group relationships in order to achieve positive and responsible outcomes, in a range of virtual and face-to-face environments. |
| Keywords | IBEM |
Contacts
| Course organiser | Dr Ling Liu
Tel: (0131 6)51 1429
Email: Ling.Liu@ed.ac.uk |
Course secretary | Miss Mary Anne Boeff
Tel: (0131 6)50 8072
Email: MaryAnne.Boeff@ed.ac.uk |
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