Business Management - International Business | Lambton College (2023)

Fall 2022 Delivery Format

Term 1 classes will be delivered on campus using classrooms capable of broadcasting to students who are unable to attend in person. Students can choose to attend in person or synchronously online through Microsoft Teams during the in-person class. The 2022 Fall term begins on September 6. Students have until September 26, 2022 to travel to Canada.

MKT-6113: Applications of Marketing Concepts

This course uses a case-study approach to introduce students to foundational concepts in the ever-changing marketing environment. Students analyze and solve common marketing challenges through the evaluation of real-world marketing case studies. Students examine the current marketing environment including concepts such as environmental scanning, segmentation, targeting and positioning, and marketing research. Students deepen their understanding of the marketing mix with analysis of product development and branding, pricing, distribution, and the many types of traditional and digital promotions. In addition to case analysis, students further develop their abilities to make informed marketing decisions through simulation exercises designed to emulate real-world scenarios faced by marketing managers.

COM-3013: Professional Communications

This course is designed for international students with diplomas or degrees. It focuses on polishing communications skills acquired through one's academic career and workplace experience. Through various business writing and speaking scenarios, students learn Canadian business practices and communication styles. Close attention is paid to proper incorporation of the intellectual property of others to ensure academic integrity. Students will practice organized and dynamic speaking and will strive for polished business documents.

ACC-1093: Accounting Concepts I

This course is an introduction to the theory of accounting and the standard methods of recordkeeping for non-accounting major students. Generally accepted accounting principles and concepts are emphasized in the preparation of financial statements.

BUS-1234: Computer Applications for Business

Strong computer skills are essential to finding employment in management and administration. This course provides students with resources and guidance to develop skills in Microsoft Office applications. While the focus will be spent learning and applying document processing, presentation and extra time on spreadsheet management tools, students will also develop skills in time management, self-discipline, and attention to detail. Students will also have an opportunity to improve their ability to read and follow written instructions. Computer Applications for Business is a course delivered using practical hands-on applications and comprises additional online skills assessment and training tools purposefully designed to provide flexibility in learning. This course further prepares students to apply these professional business application skills, with enhanced emphasis on spreadsheet management as they continue and expand in their program areas of study.

MAN-1103: Human Resources Management

Effective Human Resources Management (HRM) is critical to the success of organizations today. This course will provide an overview of the key concepts of HR management and will include some history and theory of the HR function and important terminology. It will introduce students to the core competencies of effective HR practitioners and allow for self-assessment against these competencies. We will be discussing core HR practice areas such as Strategic Planning, HR Planning, HR Administration, Talent Management, Training Learning and Development, Performance Assessment, Total Rewards (including Compensation and Benefits) Employee and Labour Relations and Health and Safety in the workplace. In addition, the course looks at the legal environment for effective HR management, and the role of HRM in mergers and acquisitions and organizational change management.

ECO-1503: Principles of Economics

This course is a survey of the principles which apply to our society's efforts to solve economic problems. The survey includes an examination of fundamental economic problems, economic models, the nature of the Canadian economy, employment, inflation, the role of governments in managing the economy, and the functioning of demand, supply, and firms within the market system.

INT-1113: Feasibility of International Trade

The course Feasibility of International Trade examines what individuals in organizations need to know and do to ensure the success of new international ventures. Careful research, analysis and planning are necessary to examine the organization's current state, to identify promising opportunities and to analyze potential outcomes, both positive and negative.

FIN-3163: International Trade Finance

Currency exchange fluctuations, political instability, and force de majeure events, are integral considerations to international financial management. This course examines how organizations can manage their finances and mitigate financial risk by selecting appropriate transaction methods and tools for their international trade activities. Learners will consider negotiation terms, non-payment dispute resolution and cash flow management.

INT-3153: International Sales and Marketing

The course International Sales and Marketing details considerations an organization must make when promoting and selling products and/or services beyond domestic borders. This course examines important concepts related to marketing, sales and e-commerce in countries with different laws, political and economic environments, and cultures. International marketing attempts to position an organization's products and services, brand and communications so the organization meets the needs and preferences of each target country or region. Marketing activities are designed to generate awareness and demand for the organization's offerings, and sales activities should convert awareness and demand into purchases.

CFF-2013: International Transportation and Trade (ITT)

This course introduces students to several modes of transportation including truck, air, rail and ocean. Students will learn about the key parties involved in trade and the primary Canadian trade routes. The transfer of title between the buyer and the seller and the associated risk, payment and documentation responsibilities under Incoterms® 2010 will be emphasized. The formation of sales contracts, determination of chargeable freight weight and assessment of profit or loss on a shipment will also be discussed

CPS-1001: Co-op Preparation and Success

This course provides students with an introduction to work-integrated learning paths (Co-op and WIL Project) and assists with the preparation for successful transitioning from the classroom to the professional workplace. Students are introduced to the services and support systems available through the Co-op and Career Services Department as well as the Work Integrated Learning Policy. The process of career planning and development is introduced with a focus on the design of preliminary job search strategies. Emphasis is placed on valuable self-assessment and reflection that allows for skills discovery and personal development. Topics including teamwork, interpersonal expectations, intercultural communication as well as navigating conflict in the workplace are introduced to assist in the development and enhancement of in-demand soft skills. Learners will develop marketing materials including a cover letter and resume, and practice interview techniques.

CFF-3023: Introduction to Freight Forwarding

Students will be exposed to common methods of international payment and the documentation and parties involved under each method. Risk assessment and risk management techniques from the perspective of both the buyer and seller under various methods of payment will be highlighted throughout the course. Other key topics that will be examined include cargo insurance, packaging, security, dangerous goods, and costing.

MAN-1163: Organizational Behaviour

This subject is an examination of the contemporary Canadian business environment including the organization, leadership and management decision process which influences the behaviour of individuals and groups. Increased global competition, technological change and the rising expectations of both employees and employers have underlined the need for improved and more effective leadership. This subject provides a better understanding of this process.

Academic Break

MAN-6043: Leadership in Change Management

One of the few constants in today's competitive business environment is change. Change leaders must have knowledge of what drives successful change, what challenges successful change, the options available, the ethical issues associated with change, and understand organizational theory and behaviour and its impact. Effective Leaders must identify the correct approach to leading transition within an organization, utilize skills required to lead in chaotic and fast-paced environments, optimize organizational structures, analyze and assess change effectiveness, and ready their organizations to thrive. This course explores these knowledge areas and provides opportunity to practice and develop leadership skills relevant for successful change management.

INT-1123: Global Value Chain

The course Global Value Chain examines aspects of the primary activities, distribution and inventory management, and the supporting activities of document management and procurement, which are integral to international trade logistics. This course examines how organizations obtain resources and what they need to know to control and manage logistical systems in relation to international trade.

INT-3133: International Market Entry Strategies

This International Market Entry Strategies course examines what individuals in organizations need to know and do to ensure the success of new international ventures. Careful analysis and planning are necessary to choose the most effective market entry strategy for a new venture. The chosen strategy must be successfully implemented and managed, which includes demonstrating cultural competence and complying with applicable local and international laws.

FIN-1013: Financial Analysis and Budgeting

This course is an introduction to the essentials of financial management with a view for wealth maximization of a business enterprise. Topics covered in this course include the following: analysis of financial performance, cost-volume-profit analysis, financing alternatives and costs, management of working capital, budgeting, and capital investment decisions.

INT-3143: Development of Products and Services for an International Market

The course Products and Services for a Global Market examines what, why and how organizations develop, adapt or customize goods and services in relation to international trade. This course explores differences in regulatory, legal, cultural and consumer/client requirements that require compliance or that might impact product and service development and adaptation. Organizations must analyze how these differences may impact cost, product design, packaging, labelling, product testing, service delivery, sales and marketing. Organizations should follow objective and thorough research, development and testing processes that align with their overall business strategies in order to maintain a competitive edge in their international target markets.

INT-4202: Field Study Project

This field study project engages students in an in-depth analysis of an International Company. Students choose the International Company that they will analyse over the course of the semester, tying in all aspects of prior learning of international business, finance and marketing. Students are required to conduct an in-depth interview with a key employee from an International Company to collect data for this project.

CPS-2001: Career Preparation and Success

This course enhances the foundational concepts learned to effectively engage in an active job search, develop networking strategies, and fine-tuning a cover letter, resume and interviewing techniques. As learners embark on the transition from student to professional employee, the course introduces learners to and supports them in demonstrating key employability skills to be successful in their work-integrated learning experience. Topics include professional and interpersonal expectations and competencies in the workplace, as well as workplace communications skills for success. Students will develop a strong foundation for career planning decisions with an emphasis placed on investigating and analyzing personality self-assessments, career goals and planning.

CPL-1049: Co-op Work Term*

Co-operative education provides students with the opportunity to apply classroom learning to the workplace, undertake career sampling and gain valuable work experience that may assist students in leveraging employment after graduation. For further information regarding co-op, please refer to: https://www.lambtoncollege.ca/co-op_and_career/

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CPL-5559: WIL Project

Work Integrated Learning (WIL) Project is aimed at enriching students by connecting different program areas of study, cutting across subject-matter lines, and emphasizing unifying concepts. The focus of the WIL Project is to make connections between study and industry by engaging students in relevant and meaningful activities that are connected to and practiced within the professional workplace. WIL Project allows students to enhance and strengthen their employability prospects post-graduation by fine tuning skills and knowledge and meeting the expectations of today's employers. Students are required to attend the scheduled shifts in the WIL office, reporting to the WIL Supervisor. Weekly real-world challenges are presented in the WIL office, designed by industry professionals. In addition to the weekly assigned deliverables, students are also offered professional development sessions, and exposed to industry guest speakers, enhancing their opportunity to develop their professional network.

Employment Opportunities

Graduates can work in a broad range of domestic and international employment sectors including, manufacturing, market research, education, retail, insurance, freight forwarding, brokerage houses, banks, financial institutions, consulting firms and international business.

For more information about post-graduate work eligibility for international students, please review the Post-Graduate Work Permit Program information.

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