What is International Business?
The world of business keeps changing under the dynamics of globalization forcing administrators to do things in new ways. This degree provides students with the required skills and knowledge to undertake a career in a multi-national corporation. Employment opportunities include positions in sales and marketing, advertising; finance; operations and logistics; and international trade.
Graduates will acquire working knowledge of international banking and monetary procedures, trade laws, regional agreements such as ASEAN and NAFTA and understand parameters concerning international laws and import-export governmental controls.
International business comprises all commercial transactions (private and governmental, sales, investments, logistics, and transportation) that take place between two or more regions, countries and nations beyond their political boundaries. Usually, private companies undertake such transactions for profit; governments undertake them for profit and for political reasons. It refers to all those business activities which involve cross border transactions of goods, services, resources between two or more nations. Transaction of economic resources include capital, skills, people etc. for international production of physical goods and services such as finance, banking, insurance, construction e.t.c. In other words, businesses that involve two or more countries can be considered an International Business.
Since the international programs uses English as medium of instruction, all applicants must pass an English placement test to assess their level of proficiency. Students with difficulties in English may be required to complete an English language course before undertaking their undergraduate studies. Students having a TOEFL score of 500 (or equivalent) or who are native speaker are not required to take the placement test.
SU recognizes credits earned in other accredited institutions and accept transfer of credits for courses that are at least 70% similar to SU curriculum and for which a grade of ‘C’ or higher was earned.
Students must provide a detailed course description from their former university for each course they wish to transfer credits for. The process of credit transfer after the student has completed ten (10) courses of studies at SU.
Students are expected to attend ALL classes. A minimum of eighty (80) % attendance is mandatory. There are no ‘authorized’ cuts or absences from class. Irregular attendance may result in losing the opportunity to sit for the final examination of the respective subject for which absentees exceed more than twenty (20) % of the entire course for the semester.
In the case of unavoidable absences, such as illness or accident or serious illness leading to death of a family member, all work that the student has missed must be made up properly and satisfactorily. The responsibility for completing the outstanding work is the sole responsibility of the student. If there is a case of unavoidable absences, the student MUST provide all proper documentation appropriate to this case. Failure to provide this information may result in a non-excused absence and possibly failure of the course.
The academic standards and programs at Siam are approved by the Higher Education Commission of Thailand. SU is a fully accredited university and all of its graduates enjoy the same privileges in accordance with other state university graduates.
Program Duration: 8 Semesters (4 Years)
Certificate Awarded: Siam University Bachelor’s Degree of Business Administration