How to Apply
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Managers need to understand the rapidly evolving global context in which their companies operate and be able to strategically address the challenges – and maximize the opportunities – that they will face. As part of the Rutgers Stackable Business Innovation Program (rSBI), the Managing in the Global Business Environment Concentration is stackable with the following master's program: MBA
In the increasingly global economy, firms need leaders, who understand the challenges and opportunities of the highly competitive global marketplace, are able to operate effectively anywhere in the world, master cross-cultural relationships, and create and implement strategies that help exploit the opportunities available all around the world. The certificate concentration in “Managing in the Global Business Environment” equips learners (MBA students and executives) with the skills and tools required for becoming effective leaders of multinational corporations.
You can take the course listed below as individual classes or as stackable courses towards the completion of a concentration.
This course introduces both the macro-and micro-level aspects of international business operations. We begin the course with a discussion on recent trends in globalization. We then move on to discuss the country-level differences, the trade environment, and the global monetary system affecting the international operations of a firm. The balance of the course discusses firm-level strategies pertaining to international business operations. The course will equip participants to analyze the different factors of the global environment that affect the operations and strategies of multinational corporations.
This course introduces tools to evaluate the opportunities and challenges involved in conducting business in a dynamic global environment. We examine the nature of global industries and global competition to assist managers in formulating and executing successful global strategies and help them leverage cross-country differences. Strategic decisions addressed in this course include the choice of appropriate international expansion strategies such as exports, alliances, joint ventures, cross-border mergers and acquisitions, and greenfield investments. We also discuss strategies to deal with the increased complexity of managing a business located in multiple countries, to achieve competitive costs and market penetration, and to enhance innovation and performance of global operations.
This course is designed to address the needs of executives with leadership and/or senior management responsibilities in global businesses. It focuses on the uniquely different aspects of leading a multinational organization across different cultures and interacting with a globally dispersed workforce. Many businesses today do not grant full autonomy to their foreign-based subsidiaries choosing instead to centralize decision-making using a global or transnational strategic platform while implementing these strategies at a global, regional, and local level. This approach requires leaders with global responsibilities to understand the cultural differences that exist in various regions and countries in which they operate and the implications of those cultural differences in making and implementing strategic decisions regarding marketing strategies, operations/supply chain strategies, HR strategies including hiring and engaging key executives and managers, and business development strategies.
The context of international business is rapidly changing with the emergence of new organizational forms such as platform organizations and new technologies such as Blockchain. These developments challenge the way multinational firms are structured and managed across different countries. Digital and platform organizations could overcome the risks and challenges of operating in foreign locations with the help from technology such as Blockchain which provide a more secure and risk-free platform for conducting business. This course introduces students to the potential of new technologies to overcome the challenges of operating in the global environment.
The concentration and courses are offered by the Management & Global Business Department
Sample Relevant Careers: Global Business Development Manager, Global Merchandising Manager, Global Risk Analyst, International Trade Specialist, Director of International Expansion, Strategy Lead, Analytics Lead, Foreign Subsidiary Manager, Global Supply Chain Manager, Offshoring-Outsourcing Manager, International Agency Manager, NGO Manager