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. |
| Course description |
The course covers a wide range of materials addressing business environments and strategies related to emerging/developing economies. It involves the discussion and application of concepts such as the global value chain and entry strategies in real-world cases, utilising various analytical tools to enhance understanding and skills in international business within the industry.
Course outline:
Introduction: Globalization at Crossroads
International Business and Development: Policy
The East Asian Newly Industrialized Economies (NIEs) as a Model of Outward-Oriented Development: The South Korea Case
Dynamism of Emerging Markets: China as a Model for Development
Theoretical Perspectives in International Business and Paradigm Shift
Global Supply Chain and inclusive growth
Internationalization of Emerging Market Multinational Enterprises (EMNEs)
Africa Rising ¿ Conducting Business in Africa
Corruption and Internationalisation Strategy
Student Learning Experience
The course consisted of ten sessions, each lasting two hours, conducted weekly during Semester 2. The course will include lectures and seminars. In addition to standard academic study requirements, students are expected to actively participate in class discussions and case studies.
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Entry Requirements (not applicable to Visiting Students)
| Pre-requisites |
|
Co-requisites | |
| Prohibited Combinations | |
Other requirements | None |
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 2026/27, 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), includes 20% Peer Review - 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 |
Minutes |
|
| Main Exam Diet S2 (April/May) | Exam Paper for International Business in Emerging Markets | 120 | |
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 | Ms Connie Wong
Tel:
Email: ywong@ed.ac.uk |
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