International Business MSc

Entry requirements:
2:2 +
Full-time:
1 year
Part-time:
Not available
Start date:
October 2018
UK/EU fees:
£12,850
International fees:
£21,000
Location:
Loughborough

Achievements

6th

for Business Studies

The Times and Sunday Times Good University Guide 2018

Top 10

UK Business School in national league tables

Accredited

Among just 1% of business schools in the world to hold Triple-Accreditation

AACSB, EQUIS and AMBA

75%

of our Business and Management research is rated as 'world leading' or 'internationally excellent'

REF 2014

Overview

Our MSc International Business programme is designed to equip you with the essential knowledge and skills required for working effectively across different national contexts in a range of business and management roles.

Informed by cutting-edge research, you will develop highly sought-after intercultural skills and a global mind-set. This programme prepares you to work confidently and effectively with global partners and enhance organisational performance in today’s global economy.

Being international is seldom a choice but a necessity for companies today. This MSc International Business programme was developed in response to a growing need from employers for business and management graduates with an international perspective, who are capable of operating effectively in a globalised world.

This programme opens up a variety of careers, in roles such as business analyst, sales and marketing executive, country/regional manager, product manager, sourcing manager, negotiator, trading executive, management consultant, and business development manager. You can also use the knowledge developed from this programme to internationalise your own business or family business.

Taught by world class scholars and guest speakers from industry, you will develop a deep understanding of cross-cultural differences, intercultural communication and leadership, internationally distributed collaborations, international human resource management, and international strategic decision-making. You will also develop practical and actionable knowledge of the global business environment, international business negotiations, global sourcing models, international supply chains, global social entrepreneurship and international innovations.

Through the opportunity of a study abroad option or an international virtual team exercise, you will have the chance to develop your own intercultural experience first-hand and to apply your newly acquired knowledge in real-life situations:

  • You can choose to spend the second semester at one of our international partner universities to experience a different cultural and educational environment, and thereby develop fundamental skills of cross cultural adjustment and collaboration.
  • Alternatively, you have the option to take part in ‘X culture’, a large scale, international team project comprising thousands of students and professionals from over 40 countries. Together with students from four to six different countries, you will be working on a real-life business case for several months, and experience the challenges and techniques of international collaborations across cultures, time zones, and organisations.

Find out more about studying management, how it’s used by organisations, meet our academic experts in this area and explore our related subject areas to find the right programme for you.

What makes this programme different?

  • Focused on the international aspects of business.
  • Taught by experts in the core areas of international business, including cross cultural management, internationally distributed collaborations, the global business environment, international business negotiations, global sourcing models, international supply chains, global social entrepreneurship and international innovations.
  • Opportunity for a study abroad semester / a large-scale international virtual team exercise.
  • Scholarships available for the best candidates.

Who should study this programme?

Our MSc International Business programme is ideal for graduates who are keen to develop a deep understanding of international business theory and practice, and to develop key competencies for a career in multinational companies or companies engaged in international business. The course will provide you with a stimulating educational experience that promotes a 'global outlook', vital for today’s global business environment.

Entry requirements

An honours degree (good 2:2 of 55% or above) or equivalent overseas qualification.

See our full list of International Qualification Equivalencies for all countries. Degrees must be obtained from a university or institution recognised by Loughborough University. Please contact us to clarify if required.

English Language Requirements

All applicants for admission to Loughborough University must have a qualification in English Language before they can be admitted to any course or programme, whether their first language is English or not.

IELTS: overall 6.5 with minimum 6.0 in each component

The School will accept lower IELTS scores if you undertake the University's pre-sessional English course.

TOEFL with an overall score of 92, and no sub-test score below 22

See full list of English language qualifications we accept, with full details on each.

What you'll study

Our MSc International Business is designed to develop your global mindset and provide you with research-informed, advanced knowledge and skills that will enable you to see ways in which theory can be applied in practice.

Modules

The MSc International Business covers a wide range of topics; below, we have expanded on the modules affiliated with the programme and highlighted the specific assessment methods associated with each module.

Semester 1

International Business Environment (15 credits)

This module aims to enable students to analyse the global business environment, the risks facing international companies doing business in emerging market economies, and the main supra-national international business institutions.

Assessment

Typically this module is assessed by 100% coursework, although the university reserves the right to alter this.

International and Cross-Cultural Management (15 credits)

This module introduces provides fundamental knowledge and understanding of culture theory, cross-cultural differences, intercultural communication and leadership, international team work, and international human resource management. It is designed to develop students' expertise in evaluating the challenges and opportunities of cross cultural management.

Assessment

Typically this module is assessed by 100% coursework, although the university reserves the right to alter this.

Innovation and Entrepreneurship (15 credits)

The module aims to equip students with an in depth knowledge of the innovation process, its importance to the economy and an understanding of the factors affecting its success.

Assessment

Typically this module is assessed by 50% coursework / 50% presentation and poster, although the university reserves the right to alter this.

Global Outsourcing and Offshoring of Services (15 credits)

This module develops students’ understanding of the role and the challenges of outsourcing and offshoring for business and digital strategies in a global context, making students familiar with key practical global frameworks, and providing them with hands-on experience in executing an outsourcing/offshoring project.

Assessment

Typically this module is assessed by 65% coursework and 35% presentation, although the university reserves the right to alter this.

Personal Development for Study and Employability (7.5 credits) (Semester 1 & 2)

This two-semester module aims to develop students’ study skills at the postgraduate level to enhance their learning in their current programme and enhance their personal skills and attributes to prepare them for employment in the current global business environment.

Assessment

Typically this module is assessed by 60% coursework and 40% presentation, although the university reserves the right to alter this.

Semester 2 (Option 1)

Business Environment Analysis (15 credits)

This module introduces students to structured approaches for analysing industries and organisations. Students will learn how to use a range of frameworks for analysing and assessing the effects of the industry environment on firms.

Assessment

Typically this module is assessed by 90% coursework and 10% presentation, although the university reserves the right to alter this.

International Business Negotiations (15 credits)

This module helps develop an understanding of the science and complexity of international business negotiations. Students will learn to investigate the role of strategy, cultural dynamics, emotions and power asymmetries in negotiated outcomes. They are also offered knowledge of conceptual tools in international negotiations theory and will learn to apply them effectively to engage in solving international business negotiation problems.

Assessment

Typically this module is assessed by 80% coursework and 20% presentation, although the university reserves the right to alter this.

Personal Development for Study and Employability (7.5 credits)

This two-semester module aims to develop students’ study skills at the postgraduate level to enhance their learning in their current programme and enhance their personal skills and attributes to prepare them for employment in the current global business environment.

Assessment

Typically this module is assessed by 60% coursework and 40% presentation, although the university reserves the right to alter this.

Optional modules (choose two)

X-Culture Project (15 credits)

This module aims to provide an in-depth understanding of international team research and practice, and to develop students’ expertise in critically analysing international business problems. Students take part in a major international team working project (the X-Culture project) to experience and improve their intercultural, virtual team working skills.

Assessment

Typically this module is assessed by 100% coursework, although the university reserves the right to alter this.

Global Social Entrepreneurship and CSR (15 credits)

This module introduces students to the social entrepreneurship phenomenon and the ways in which it tackles complex societal problems. Students will analyse real-life case studies from different parts of the world, learn about the entrepreneurial challenges of balancing social objectives and financial goals and identify different approaches to generating social impact. The module also helps students develop a better understanding of how social entrepreneurship and CSR can work in tandem.

Assessment

Typically this module is assessed by 100% coursework although the university reserves the right to alter this.

International Entrepreneurship and Post-Conflict Environments (15 credits)

This module aims to address the opportunities and challenges presented to capitalism as new markets emerge in post-conflict spaces. It assesses the extent to which capitalism can engage with post-conflict places, and critically reviews the problems of applying Western ways to non-Western systems. It draws from 25 years of field experience in places like Cambodia, Vietnam and Sierra Leone to unite practical experience with intellectual rigour.

Assessment

Typically this module is assessed by 100% coursework although the university reserves the right to alter this.

Logistics and Supply Chain Management (15 credits)

This module aims to develop a broad understanding of the role of logistics and supply chain within various business contexts. Students will be able to identify and analyse the complexities and uncertainties affecting global supply chains, critically appreciate emerging trends and concepts in logistics and supply chain management, and develop relevant transferable skills.

Assessment

Typically this module is assessed by 25% coursework / 75% exam, although the university reserves the right to alter this.

Enterprise Resource Planning (15 credits)

Introduces and develops the key principles of enterprise resource planning (ERP), fundamental concepts of supply chain management (SCM) in the context of ERP, and an understanding of the role of ERP systems in the effective management of organisational processes.

Assessment

Typically this module is assessed by 50% coursework / 50% exam, although the university reserves the right to alter this.

Digital Marketing and Social Media (15 credits)

The module aims to equip students with an in depth knowledge of the digital marketing and social media platforms and applications. You will also study the underlying academic theories of marketing, business and consumer behaviour and how these relate to the application of digital marketing in the real world.

Assessment

Typically this module is assessed by 100% coursework, although the university reserves the right to alter this.

Semester 2 (Option 2)

Study abroad semester

Students can study at one of our international partner universities:

  • Hanken School of Economics (Helsinki, Finland)
  • Kedge (Marseille or Bordeaux, France)
  • Audencia Ecole de Management (Nantes, France)
  • Vrijie Universiteit,  (Amsterdam, Netherlands)
  • Universität zu Köln (Cologne, Germany)
  • Universidad Catolica Portuguesa (Lisbon, Portugal)
  • Ludwig-Maximilian-Universität (Munich, Germany)
  • Universitat de Valencia (Valencia, Spain)
  • National Chengchi University (Taipei, Taiwan)
  • Aarhus University (Aarhus, Denmark)
  • Universita Bocconi (Milan, Italy)
  • Indian Institute of Technology (IIT) Bombay (Mumbai, India)
  • Solvay Brussels School of Economics & Management (Brussels, Belgium)

 

Italics = a new student exchange agreement to be confirmed

All the aboveare Erasmus+ partners, apart from National Chengchi University and IIT Bombay, which are both School-wide partners outside the European Erasmus+ region.

Summer period

Global Strategic Management (15 credits)

This module aims to develop students’ critical understanding of the concepts involved in global strategic management and its application in the private and public sectors. It focuses on developing students’ skills in the area of strategic analysis, evaluation of strategic options, and implementation of strategy.

Assessment

Typically this module is assessed by 100% coursework, although the university reserves the right to alter this.

International Company Project (30 credits)

This module aims to develop students’ ability to apply classic frameworks governing international business in the specific context of a firm with international operations. Students will be able to identify the key challenges facing an international firm and propose a set of actionable recommendations to meet the challenges.

Assessment

Typically this module is assessed by 100% coursework, although the university reserves the right to alter this.

How you’ll be assessed

The modules in the MSc International Business are assessed using a mix of different methods. The assessment of each module is typically either coursework only or a combination of coursework and presentations or exams.

How you'll study

Seminars
Lectures
Tutorials
Independent study
Group work
Practical sessions
Supervision
Workshops

Your personal and professional development

Our School of Business and Economics is committed to helping you develop the skills and attributes you need to progress successfully in your chosen career.

Future career prospects

MSc International Business will prepare you for a wide range of careers, both in the private and public sector, in roles such as business analyst, sales and marketing executive, country/regional manager, product manager, sourcing manager, negotiator, trading executive, management consultant, and business development manager. You can also use the knowledge developed from this programme to internationalise your own business or family business.

Your personal development

As part of our ongoing commitment to supporting you with your personal and professional development, all our Business and Economics postgraduate students have the opportunity to attend an impressive range of extra-curricular masterclasses and public lectures – all on campus and free of charge. Our masterclasses and public lectures to offer you the chance to broaden your horizons, with a wide range of business-related topics covered, with speakers from the Bank of England, Shazam, Shell and Dell just to name a few.

Key skills you'll develop

On successful completion of the programme, you should be able to:

  • Use critical thinking, analysis and synthesis to evaluate and apply concepts and insights from international business research to inform international decision making.
  • Analyse and appraise theoretical and practical issues and problems in international business by using the theories and models appropriate to those disciplines.
  • Collect relevant information across a range of areas pertaining to a current international business situation, analyse that information using relevant techniques and synthesise it into an appropriate form in order to evaluate decision alternatives.
  • Be sensitive to cross-cultural differences and able to overcome barriers to cross-cultural interactions.
  • Use negotiation skills and tactics to engage effectively in international business negotiations.
  • Be able to take effective action to mitigate challenges in international business endeavours.
  • Conduct research effectively and efficiently using a range of sources of international business-related materials including books, journals, trade and financial press, official statistics and the internet.
  • Use communication technologies effectively to present and communicate your work to an international audience including specialists and non-specialists.
  • Display effective interpersonal skills including effective communication, listening, influencing and conflict resolution.
  • Scan and organise data, abstract meaning from information and share knowledge.
  • Make effective use of information and communication technologies including word processing, storage and manipulation of data, generation of presentations, use of the internet and e-mail using appropriate software.
  • Use effective team-working skills, including team-building and project management in group work situations.
  • Recognise ethical situations, applying ethical and organisational values to situations and choices.
  • Use effective personal organisation including time management, self-direction, self-motivation, tenacity and pro-activeness.

Fees and funding

UK/EU:
£12,850
International:
£21,000

Tuition fees cover the cost of your teaching, assessment and operating University facilities such as the library, IT equipment and other support services. University fees and charges can be paid in advance and there are several methods of payment, including online payments and payment by instalment. Special arrangements are made for payments by part-time students.

Our academics

Explore