Master of International Business

The Master of International Business (MIB) program is designed for those students who desire to pursue a career in any of the many aspects of International Business, such as international trade and commerce, importing and exporting, and global for-profit or non-profit organizational management. Successful completion of an undergraduate degree serves as an entry foundation, regardless of the major at the undergraduate level. Prior work experience is not required for entry into the MIB program. The MIB program is also convenient for working professionals as all classes are offered in the evenings; some classes are also offered online. The program can be completed in 1 to 1.5 years.

The MIB program will provide you with the skill set needed to manage and lead global businesses. The MIB’s curriculum will expose you to key concepts in setting up and starting your own business, importing, and exporting, and international finance. The MIB will help you develop both the hard and soft skills required for global business success. Students will also develop an understanding of global business ethics and will develop skills necessary for ethical leadership.

 

Program Highlights                                                                 

  • Fully on-campus program with online class offerings
  • Affordable
  • Year-round enrollment
  • No GRE or GMAT
  • Evening classes
  • Shorter in duration than the MBA – International Business program

 

Program Opportunities                                                                 

  • Project-based learning: opportunity to participate in short-term international business projects with real global companies from around the world.
  • Multidisciplinary curriculum that will provide exposure to key concepts in entrepreneurship, importing and exporting, marketing, and finance.
  • Opportunity to work on cutting-edge international business research with faculty who have published in reputable business journals/publications.
  • Opportunity to work with people from other parts of the world to solve global business problems and develop global business strategies.
  • Learn in classes that are small sized. These small sized classes will help you to interact closely with your professor and to achieve a more personalized education experience.
  • Opportunities to learn about some key international business organizations through field trips, internships, consulting projects.

The Miami/ Fort Lauderdale area hosts regional or central headquarters of many major organizations involved in international business. These include:

Career Opportunities                                                                 

Students in the MIB will have the opportunity to pursue the following career opportunities:

  1. International trade specialist
  2. International business development manager
  3. International market researcher
  4. International buyer and planner/supply chain and operations
  5. Business analyst
  6. Management consultant

The MIB is strongly focused on the international business field, giving our graduates the capabilities needed to effectively navigate global business challenges and opportunities. Our graduates can work in nonprofit and for-profit organizations, advising companies on how best to move forward with their international strategies.

 

Admission Requirements 

Admission to the MIB program requires a bachelor’s degree from an accredited institution, with the following required coursework or equivalents:

  • A completed and signed university Application for Admission
  • Official college and/or university baccalaureate transcripts from the institution where the degree was conferred
  • An undergraduate degree with a GPA of 2.75 or higher

 

Curriculum

Master of International Business Requirements: 30-36 credits

Preparatory Courses (if required): 6 credits

  • ACC 530 Essentials of Accounting: 3 credits
  • BUS 724 Foundation for Business Studies: 3 credits

General Requirements: 15 credits

  • MAN 503 Applied Research Methods: 3 credits
  • FIN 751 Financial Management: 3 credits
  • ACC 508 International Financial Reporting Standards: 3 credits
  • MAN 510 Management Ethics: 3 credits
  • MAN 700 Organizational Behavior: 3 credits

International Business Core Requirements: 12 credits

  • BUS 672 Global Marketing Concepts & Strategies: 3 credits
  • BUS 775 International Business: 3 credits
  • BUS 771 International Business Law: 3 credits
  • BUS 795 International Management: 3 credits

Electives: 3 credits
Take one of the following courses:

  • ACC 770 Managerial Accounting: 3 credits
  • BUS 536 Entrepreneurship: 3 credits
  • BUS 774 Issues and Applications in Import/Export: 3 credits
  • BUS 792* International Business Internship and Field Experience: 3 credits
  • FIN 772 International Finance and Banking: 3 credits

 

Specific course descriptions

BUS 774: Issues and applications in import/export Contemporary issues in import and export. Determination of market demand, locating export markets, promotions, financing procedures, laws and documentation for exports and imports. Trade zones, dealing with banks, and techniques to reduce risk.

BUS 795 International Management This course analyzes the cultural, economic, strategic, organizational, technological and other issues that affect managerial performance in multinational corporations. Communications and negotiations as well as staffing and structural managerial decisions are explained in a dynamic context characterized by increasing cross-cultural interactions and globalization.

 

Student Testimonials

“There were many positive attributes regarding my experience at STU.  Overall, the professors were outstanding.  The course material is presented in a clear and relevant manner.  Group projects are encouraged.  This prepares the student for the business world where one must work with others.  Additionally, since many of the students are foreign, this also prepares the student for the business world which is more and more diverse.

I work in the logistics department of an international pharmaceutical company.  We are currently part of the solution to the covid pandemic.  Our clients include the major pharmaceutical companies that have developed the vaccines for the American market.  I have definitely applied many skills and knowledge I obtained during my studies at STU.”

  • James, R. (International Business alumnus, St. Thomas University)

Tuition

 

Tuition per Credit Hour Technology Fee Per Course Total Tuition & Fees
Tuition $800 $75 $24,750 – $29,700

 

Start Terms

The Master of International Business offers six start terms throughout the year. Contact the Office of Graduate Admissions to learn more.

 

Admission Requirements

Admission to the MIB program requires a bachelor’s degree from an accredited institution, with the following required coursework or equivalents:

  • A completed and signed university Application for Admission
  • Official college and/or university baccalaureate transcripts from the institution where the degree was conferred
  • An undergraduate degree with a GPA of 2.75 or higher

 

Graduation Requirements

For graduation, students need to earn a B or better in every course and attain a cumulative GPA of at least 3.0.

Individual advising and answers to questions about courses are available by contacting the Program Coordinator/Director, Dr. Nicholas Mathew

 


Contact

Yasdanee Valdes Ed.D.
Yasdanee Valdes Ed.D.
Associate Director of Graduate and Online Admissions
Email: yvaldes@stu.edu
Office: (305) 628-6709

Dr. Nicholas Mathew, Assistant Professor & Director, International Business at St. Thomas University
Dr. Nicholas Mathew
Assistant Professor & Director, International Business
Email: nmathew@stu.edu
Office: (305) 628-6534