• MBA in International Business (MBA- IB)

    Acquire the Skills Needed to Lead the Way Forward

    This 18-month, 48-credit program is designed to provide the leader and manager of firms with the skills and knowledge needed to:

    • Formulate start-up, market entry, and expansion strategies for small to midsize enterprises into the Caribbean, emerging economy, and global market places.
    • Learn prospective and current customers’ needs and wants and how to provide for them at an attractive price.
    • Gain basic marketing, financial and human resource knowledge and tools.
    • Apply cross cultural understanding to all management decisions
    • Demonstrate the ability to solve strategic and tactical problems, identify solution alternatives, and recommend best-fit solutions. 
    • Develop the skill, knowledge, and practice for building healthy organizations within emerging economies.
    • Promote the wellbeing of employees and all stakeholders while creating socioeconomic health in their local community and society. 
    • Develop an integrated business proposal, program, or project plan within their organization, or another organization to address a complex, socioeconomic challenge in an emerging economy with a value-producing solution.

    21st Century Business Needs Professionals With Global Credentials

    The MBA in International Business (MBA-IB) speaks in a global voice to business management. As a student in the program, you will build on your career, enhance you managerial skills and knowledge, gain international experience and competency, and put your new learning to use in a global arena.

    Program Highlights

    • An 18-month. 48-credit program, the MBA in International Business is taught primarily online to experienced managers and professionals from diverse backgrounds and cultures and supplemented by two separate one-week residencies in Grenada.
    • The program combines a creative mix of learning methods, which equips participants to start and manage small- to medium-sized businesses and organizations, in private or social sectors, with global application.
    • Renowned faculty incorporates a distinctive holistic approach that reaches across disciplines and sectors.

    Curriculum/Required Courses

    Healthy Societies, Organizations, and Leaders in the Emerging World – Residency - (3 credits)
    This Residency lays the foundation for the credo “Creating health...Creating wealth...for people, organizations, societies, and the natural environment" which serves as SGU’s foundation for developing healthy, societies, organizations, and leaders.  Participants examine the global context for creating healthy organizations in the emerging world. Students are motivated to develop a personal leadership credo and development plan for the program by answering the question, “Why would someone follow you?”  This course provides the insights needed to successfully build and lead healthy organizations.
    Critical Analytical Business Thinking (Seminar: 1.5 credits)
    This course helps students to learn and practice skills that transcend any single discipline or function of management. Students explore business issues broadly, while developing analytic and persuasive skills in addressing environmental, organizational, relationship and personal issues. This course helps participants to identify critical questions to dissect and prioritize issues, to develop reasoned positions, and to make compelling arguments.
    Ethics and Management (1.5 credit Seminar)
    Leaders have a responsibility and a duty to “do the right thing” using an awareness of their own and others’ ethical viewpoints. This course explores the numerous ethical duties faced by organizations and managers. Utilizing analytical frameworks and the latest findings on human behavior, participants will explore a wide range of ethical decisions and strategies – many with paradoxical and conflicting perspectives. These will help to reveal and assess personal and ethical intuitions, assumptions and frameworks and to compare them with explicit modes of formal ethical thought, and how to use ethics in business scenarios.
    Lessons in Global Development (2 credits)
    This course offers an overview of the strategic and operational opportunities and challenges for small and medium sized enterprises within emerging economies seeking to compete within the global marketplace. It examines the successes and failures of firms in numerous emerging economies, paying special attention to the role of public institutions and public/private partnerships and programs in the socioeconomic development process. The course highlights the role of personal, organizational, and social capacity building through SME’s in responding to change and creating financial, social, environmental, and human wealth.  
    Innovation and Entrepreneurship (3 credits)
    This course empowers participants with the knowledge, skills, and tools of innovation management and entrepreneurship to solve problems and create value. It starts from the premise that everyone is creative, and innovation is necessary to create competitive advantage in a fast-paced and transforming marketplace. An ‘idea’ is nothing without a plan. Using this methodology, managers learn to combine creative ideas with market analysis and an implementation plan in order to successfully launch a business or a not-for profit organization.
    Managing Information (3 credits)
    In a globalized networked economy, the acquisition, storage, retrieval, and use of information are important. This course provides a foundation to prepare the participants as managers and consultants to rely upon and manage information technology to accomplish organizational objectives. The course provides an overview of technology solutions, a discussion of the latest trends in business informatics, including: data management, e-commerce, social media, networking, databases, cloud computing, knowledge management, software and hardware trends, privacy, security, and ethical issues.
    Project Management (2 credits)
    Virtually all organizations use project management to accomplish specific tasks, implement improvements, reach new markets, and innovate. Project success directly impacts the ability to achieve financial performance and gain career promotions, and serves as the foundation to deliver healthy, cultural environments and meaningful work. This course will teach the concepts and techniques of project design, management, and assessment, and develop skills applicable to a variety of projects within international business.
    Global Strategy and Strategic Management (3 credits)
    Strategy is the heart of business performance, yet a strategy is difficult to develop and even harder to implement.  This course looks at how firms in emerging economies formulate and implement business strategies that create value in their local, as well as global market places. Utilizing numerous firm studies within emerging economies, and well-tested frameworks, students learn the key ingredients of strategy, think through challenges and develop the capacity to provide alternative and anticipated impacts, and gain lessons they may apply to their own organizations.
    Research Methods and Data-Driven Decision Making (2 credits)

    Successful, performance-oriented, leaders and managers know how to do good research in order to make an array of decisions: selecting new markets, partners, products, or services; sourcing, developing and launching new innovations; understanding customer requirements or analyzing alternative strategic changes; and, developing marketing research strategies and surveys. This course examines the rudiments of decision theory, decision trees, and qualitative and quantitative research methods, while actively using case studies, research methods and other tools and exercises critical to formulating decisions. Research questions are drawn from marketing, finance, operations management, and other management functions within a broad set of industries.
    Managerial Economics (3 credits)
    Managerial Economics stresses the importance of incentives as determinants of human behavior and performance, and emphasizes the consideration of costs and benefits as an efficient method for reaching managerial decisions. The course bridges theory and practice, and focuses on topics that are relevant to managerial decision making and problem solving, including: the demand decision (understanding what a customer will buy) and the production decision (determining what to produce, how to produce and how much to produce and for whom to produce).
    International Marketing (3 credits)
    Attracting and retaining customers is fundamental to the success of all organizations. Marketing is the art and science of learning what customers want, how they want it, at what price they want it, and then delivering those products and services to meet the customers’ needs and wants. In this course, marketing theory and concepts will be applied to a variety of real life case studies including marketing strategy development, market definition, target market segmentation, distribution channel strategy and choices, sales promotion strategy, branding, and other related areas. Special attention is given to providing a well-rounded perspective of international markets (national and regional) that encompasses history, geography, language, and religion as well as economics. 
    Modern Organization Theory and Design (2 Credits)
    This course examines the theory and effective design of an organization to achieve strategic objectives in today's complex environment. Through case studies and metaphors, students examine alternative organizational structures and are encouraged to generate a range of complementary and competing insights about the nature of organizations and how they can be designed, managed, and evolved to assure high performance. Linkages with participant’s national and regional cultural contexts are made.
    Change and Risk Management (3 credits)
    Business is all about change. In today’s increasingly complex, globally-linked, and fast-paced environment, change is increasing the quantity and quality of opportunities and risks within organizational systems. Issues such as fraud, publicly-exposed illegal activities, the widening disparity of executive and employee compensation, and a public outcry against “corporate greed” increase management’s need to scrutinize stakeholders and develop organizational processes to manage behavior. This course examines areas such as organizational change management, corporate social responsibility, enterprise and financial risk management, risk management standards, crisis and disaster management, and risk communication.
    Financial Accounting (3 credits)
    Financial accounting is the measurement of economic activity for decision-making. Financial statements are a key product of this measurement and a key component of financial reporting activities. Many of the failures and crises of confidence of recent times are a result of accounting irregularities, where the dissemination of relevant and reliable financial information is at risk and the integrity of the financial system has been challenged. This course develops the participant’s ability to be an informed user of financial statements and to understand their implication for future cash flows and the earnings potential of a firm.
    International Managerial Finance (3 credits)
    This course provides an introduction to the theory, methods, and the concerns of corporate finance. It examines the time value of money and capital budgeting techniques; uncertainty and the trade-off between risk and return; security market efficiency; optimal capital structure, and dividend policy decisions. This course also analyzes financial problems corporations face that result from operating in an international environment, especially those informing corporate strategy and the decision to invest abroad.
    Globalizing Operations (3 credits)
    Managers utilize both strategic perspectives and quantitative analyses to make good operational decisions within a globally-distributed supply chain as they determine where and how to locate resources and how to optimally build processes that deliver value to stakeholders. This course is designed to enable an understanding of the management issues, concepts, and tools related to supply chain management. Paying particular attention to SMEs in emerging economies, it includes coverage of the general operations management framework, process and quality management, product design considerations, lean manufacturing, supply chain issues, inventory management, information management, and logistics/distribution networks.
    Human Resource Management (3 credits)
    In this knowledge and service era, people have become the most critical resource in organizations in both emerging and advanced economies.  Human Resource Management (HRM) includes developing individual talent as well as the organizational capability to create future leaders and sustainable, long term success.  This course helps participants to address topics such as critiquing and reinventing existing human resource management systems; recruiting, hiring and developing talent; developing managers and leaders; managing talent and performance; creating value through people; and managing people change.
    Communication in Cross-Cultural Environments (2 credits)
    This course provides an integrated approach to managerial and business communication. Students are introduced to interpersonal and organizational theory and concepts and learn skills in writing, listening, speaking, and non-verbal communications. Students will apply data, theory, and skills to issues, negotiations, and crisis situations in order in order to gain insights into their own – and others’ – communication styles and become more effective managers.
    Project Lab (2 credits)

    In this course, participants will design, research, develop and complete a real-world project that allows them to bring all their MBA learning and training to real-life situations. Working individually or in teams of no more than three persons, students will develop the project through many courses throughout the program, guided by an assigned faculty mentor. Projects may, require you to build networks with senior individuals at leading organizations (either locally or overseas), or create an advisory board or external project team. The project may take the form of a business venture, social entrepreneurship plan, or corporate intra-preneurship plan. Specific executable strategies for sales, promotion, and advertising are developed. Students will present their project work during their final residency week in Grenada.
    The final project for MBA-IB participants is primarily developed through individual course assignments throughout the program.