Global Business Studies
Department Chair: Tracy Fulce, 847-376-7803 or tfulce@oakton.edu
The Global Business Studies program prepares students for employment in global business, importing and exporting, and global marketing. Upon completion of the certificates, graduates may qualify as managers within the global business department of a business organization, or become entrepreneurs, import and exporters, or global logistics managers. Minimum certificate credit hours are 15 or 12, but students are encouraged to take additional courses in global business studies, modern languages, and courses identified in the Global Studies concentration to be better prepared for global business success.
Global Business Studies Courses
Course introduces students to the study of global business. Content includes issues and topics related to conducting business outside of the U.S. domestic marketplace, with a focus on cultural, political, legal and ethical business practices around the world and the implications of these factors.
Course provides comprehensive overview of import or export business. Content includes who and why, import/export marketing strategies, product development and market research, export terms, documentation, procedures, tariff and non-tariff barriers, getting paid or paying for imports or exports, import terms, procedures and U.S. Customs entry regulations, dates and quotas.
Course simulates the importing experience of a retail buyer while exposing students to the policies and procedures associated with sourcing merchandise from another country. Topics parallel the importing process and a virtual simulation provides students with the actual experience of importing a product. Course teaches students to be well-trained researchers and import planners, and serves as an essential tutorial for novice importers, product developers, and retail buyers.
Course focuses on the global supply chain, as well as strategic planning of logistics and the proper execution of global trade documentation. Topics include: use of incoterms, transportation options, and the most recent software programs to facilitate supply chain logistics and documentation by using a case study to demonstrate how management of the logistics function is conducted in a real-world situation.
Course provides an overview of the marketing process as applied to global marketing. Content includes concerns of inexperienced firm considering exporting as an option for increased sales and profits, and presents an approach for experienced firm in evaluating export marketing process and reaching global markets.
Course provides an overview of current global economic, political and socio-cultural events and perspectives that affect global business. Using a variety of resources, students will analyze and discuss the impact of current events on global business activities.
Course focuses on the role of the executive, middle and front-line management in directing and improving organizational performance in a global environment. Concepts covered include management of various types of international risks, strategic planning, and decision-making facing global business.
Course examines the foreign exchange situation domestically and world wide. Content includes dollar exchange rates, spot, forward, futures and options markets, appropriate history and economics/finance topics. Focus is on foreign exchange from the viewpoint of the trader of currencies, the hedger and the international importer/exporter. Recommended GEG 130.
Course provides opportunity to earn credit and valuable experience while doing a project on the job in an approved company. Intended for the second-year Global Business Studies student.
Course designed to meet the special interest needs of global business students and local business organizations. Students may repeat GBS 290 up to three times on different topics for a maximum of nine semester credit hours. Prerequisite may vary by topic.