International Business MSc

 
  

Fact file

Qualification
MSc International Business
Duration
1 year full-time
Entry requirements
2.1 (or international equivalent) in any discipline, excluding business and/or management
Other requirements
Personal statement and a list of modules being studied in the final year (for applicants who have not yet completed their undergraduate degree)
IELTS
6.5 (no less than 6.0 in any element)

If these grades are not met, English preparatory courses are available
Start date
September
Campus
Jubilee Campus
Tuition fees
You can find fee information on our fees table.
 

Overview

This course provides the theoretical and conceptual grounding to prepare students for business management at an international level.
Read full overview

On the MSc International Business you will be taught by staff with international reputations for excellence in research, particularly on emerging markets, and guest lecturers who are successful entrepreneurs and have international experience in doing business in challenging cultural environments.

The combination of various approaches, such as lectures, case studies, group work and internships will greatly enhance your learning experience.

Unique to Nottingham University Business School, our programme takes advantage of the University's internationalised operations and is also taught at the Business Schools at the University's campuses in China and Malaysia. This provides you with the opportunity to spend your entire second semester completing the core and elective modules at either campus while experiencing life in China or Malaysia.

Presessional English for Academic Purposes

The Centre for English Language Education (CELE) runs 10-week and 5-week business and management English language and study skills courses. These courses are designed in collaboration with Nottingham University Business School and prepare students going on to programmes in business and management.

If you are close to the English language level you need to go on to the Business School's MSc course and you meet the entry requirements for the relevant CELE course, you may be eligible for a joint offer. This means that:

  • you only need one TIER 4 visa and CAS
  • you take a 10 or 5-week English Language and Academic Skills preparation course, and then go onto your MSc course
  • you have a guaranteed place on the MSc course
  • your progression to the MSc is automatic, provided you attend and complete all the coursework

For more details, please visit the CELE website

Students who enter via the CELE route are exempt from paying the school's £1,000 reservation fee. For more details, please contact us.

Key facts

  • The Business School, across all three campuses (UK, China and Malaysia), is EQUIS accredited by the European Foundation for Management Development (EFMD) - one of the world's leading accrediting bodies for business schools
  • In the latest Research Excellence Framework (REF) we ranked 6th for research power out of 101 UK business and management institutions
  • We are ranked 12th in the UK for business and management studies in the QS World University Rankings by Subject 2016 (top 100 worldwide)
 

Course details

You must accumulate 180 credits to qualify for the award of MSc; 120 from modules taught and examined during two 15-week semesters.

Each taught module typically consists of ten 2-3 hour sessions. Assessment is a combination of individual essays or group projects and written exams.

The remaining 60 credits of this course are allocated to a 12,000-15,000-word individual dissertation on an approved, relevant subject, which is completed over the summer period for submission in September.

 
 

Modules

Semester one

Core

Business Economics

The module covers the following:

  • Markets
  • Firms and market power
  • Market structure and government policy
  • Government intervention
  • International trade
  • International capital and other factor flows
  • The macroeconomic policy
  • Balance of payments and foreign exchange
 
International Accounting

The module covers the following:

  • The roles of accounting in business and its link to global capital markets
  • International accounting harmonisation
  • Comparative international accounting
  • Financial statement analysis
  • Managerial accounting for planning and control
  • Discounted Cash Flow and Valuation
 
International Business Environment

This module introduces you to the international business environment. The module develops an understanding of the global environment: globalisation of business, internationalisation theories, innovation; international institutions governing IB (flows of trade, investment, financial and human capital), and differences between countries (political, economic and cultural).

 

Optional

Choose one module from the following list:

Business Ethics

This module examines businesses from an ethical perspective. In particular, it explores the existence of corporations in liberal democracies, and ethical concerns surrounding multinational corporations and globalisation. Further to this, the module examines human rights; environment ethics; consumerism; and corporations as political actors, and as sites of political action.

The main concepts and theories underpinning the business ethics field will be introduced, and you will have the opportunity to use these in understanding business related issues. Teaching will consist of a mixture of lectures, case studies, exercises, discussions, and multi-media. Considerable emphasis will be placed on student participation in class, with the aim of promoting ethical reflection on the many important issues that surround business-society relations.

Ultimately, the aim of the module is to enable you to recognise and reflect upon ethical problems with a view to enhancing your analytical and decision-making skills.

 
Creative Problem Solving

This module will introduce you to the latest thinking in the areas of creativity, the creative process, knowledge management practices and the nature of entrepreneurship.

Having established the cricual link between creativity, entrepreneurship and economic development the course proceeds with the latest thinking in the areas of creativity, entrepreneurship and economic development the course proceeds with the latest thinking in the areas of creativity, the creative process and modern knowledge management practices supported by case studies and examples of successful applications.

You will be introduced to a variety of creative problem solving techniques and learn how to apply these techniques in the context of the development, evaluation and application of ideas and concepts with commercial potential.

 
Managing Organisations

You will be provided with concepts, theories and illustrations which will help you a become effective manager in a rapidly changing world. To enable this the following issues will be considered:

  • Organisational design: in particular the alignment of strategy, structure and environment
  • The management of organisational processes: organisational culture; organisational change; decision making; power, conflict and control; knowledge management
  • The relation between organisational design, management and organisational performance
 
Tourism Marketing and Communications

This module covers the following: 

  • Defining tourism and marketing
  • Tourism and services marketing
  • Unique characteristics of tourism marketing
  • Tourism products and markets
  • Tourism demand and forecasting
  • Tourism marketing planning
  • The role of market research in tourism
  • Consumers and trends and theories in tourist behaviour
  • Quality management and services quality as marketable activities
  • Tourism destination marketing, managing destination image and managing the total visitor experience
  • The marketing mix for tourism services
 

Semester two

Core

Essentials of International Marketing

The module will introduce the core marketing concepts and techniques prior to covering aspects of marketing that are explicitly international. The module provides an overview of the changing international business environment and its challenges for international firms. It critically reviews contemporary issues in international marketing and provides insights into the development of competitive strategies and international marketing management within the context of consumer goods, industrial goods and services. 

The module is designed to develop an appreciation of the special requirements for successfully conducting international marketing activities. The module aims to provide you with an in-depth understanding of current issues in international marketing theory and practice.

 
International Business Strategy

The module covers approaches to strategy for international businesses; cases and examples of international businesses.

 
Research Methods

Part I: Introduction Qualitative Analysis - This part of the module will be concerned with the collection and analysis of qualitative data.

Part II: Introduction Quantitative Analysis - Survey design and measurement, Introduction to statistics; hypothesis testing, t-tests, ANOVA, Regression Analysis and Factor Analysis.

 

Optional

Choose one module from the following list:

Contemporary Developments in HRM/OB

The module examines core contemporary topics in OB/HRM to highlight theory and provide you with a business context within which to understand the topic.

Topics include challenges organisations face in creating and retaining knowledge, developing talent across all the major functions, managing multi-cultural teams at the domestic and international context, the impact of the global economy on employees, reconciling individual expectations and the exigencies of the business world, and employment law.

 
Globalisation, Business and Development

Private sectors actors are increasingly engaging in development, and are now considered development partners of governments, non-governmental organisations (NGOs) and overseas development agents. This module introduces you to the global context of doing business, and the impact of business activities on development. It critically considers the changing roles of business, governments, international government agencies and NGOs, and how these actors interact to foster development.

The module adopts different disciplinary perspectives drawing from international development, political economy and comparative business systems perspectives to understand the process of globalisation and the influence of business on development concerns (eg corruption, land and water, poverty). The module critically examines the business responses oriented towards development (eg multi-stakeholder initiatives, inclusive business models, fair trade).

 
Innovation Management

The module covers the following: 

  • Introduction - What is Innovation Management?
  • Building an Innovation Organisation
  • Innovation and Family Firms
  • External Guest Speaker
  • Sources of Innovation and Networks
  • Innovation Strategy and Blue Ocean Strategy
  • Selecting the Right Idea
  • Implementing Ideas
  • Capturing Learning
  • Group Presentations - Appraisal of Innovation
  • Management of an Innovative Firm - consider the challenges of managing innovative products, services, processes and business models that are to be delivered across different international contexts
 
Launching New Ventures

This module will introduce you to the more practical elements of innovation and enterprise activity across multiple contexts, including not just new venture creation but corporate and social entrepreneurship as well.

Whereas Entrepreneurship and Creativity focuses on idea generation and entrepreneurial theory, Launching New Ventures will prepare you to recognise opportunities, and to implement innovation and enterprising ideas. The ability to make informed and timely decisions will be an important aspect of this, and the module will use a start-up business simulation to encourage this.

 
Managing for Sustainability

Sustainable companies are those that are managed in socially, economically, and ecologically responsible ways. Today's managers are expected to understand the impact of management decisions and practices on the environment and society.

This module considers how sustainability principles are applied in organisations, and how to manage for sustainability. Through use of multiple learning approaches, the module enables you to practically interact with real businesses to address some sustainability challenges faced by the organisation.

The module introduces the you to frameworks and theories use to critically assess sustainability, and to integrate sustainability into the business strategy.

The module enables you to develop an understanding of the practical dilemmas facing businesses as they seek to respond to multiple, and often, conflicting stakeholders expectations. You will be expected to critically reflect upon your practical experiences and capture these using a learning journal.

 
Managing International Business in China

This module analyses the basic issues of managing international business in contemporary China, including entry mode selection, alliance management, negotiation with Chinese partners, cross-cultural human resource management, cross-cultural marketing, protection of intellectual property rights, corporate finance, and strategic management.

These issues are discussed in the light of the relevant theoretical frameworks and models of international business and management, with reference to current business and management practices of multinational companies operating in China. The context of China's general business environment and specific international business regimes are also examined.

 
Risk and Society

The module will provide critical foundations in societal aspects of risk. You will develop conceptual and practical understanding of risk problems in context, including the emergence and development of risk concepts, the character and diversity of risk governance and regulatory regimes, and varieties of public risk management and communication practices across different sectors and public and institutional settings.

You will gain knowledge of social science and public management theories, concepts, techniques, and different critical approaches to explaining and addressing societal risk issues. 

 
Technology Entrepreneurship

The aim of this module is to offer you an appreciation of the entrepreneurial actions involved in the commercial exploitation of new science and technology inventions. This type of activity is increasingly recognized as vital for the commercialisation of technology from universities and research institutes into knowledge-driven organisations. Political and sociological debates about the significance of technology transfer from universities will also be considered. The importance of intellectual property and patenting as a key asset in technology entrepreneurship will feature strongly in the module.

You will gain practical experience by researching and devising entrepreneurial strategies for commercializing novel science and technology ideas. This will require working with real patents and patent searching to critically examine contextual (eg between industrial sectors and countries) and strategic differences (eg licensing deals, collaborations and new venture creation). Technology entrepreneurs, Science Incubator managers and related professional services (eg IP lawyers, investors) will assist with the module at appropriate points.

 
Tourism and Sustainability

This module is concerned with providing an understanding of the theoretical and practical issues relating to environmental, economic and socio-cultural sustainability in tourism. A day long field trip may form part of this module. Topics covered include:

  • Tourism and the environment
  • Sustainability and biodiversity
  • Impact of tourism on physical and cultural environments
  • Eco-tourism and heritage
  • International case studies in environmental tourism
 

Customise your MSc International Business

If you would like to specialise, the pathways below include modules which create depth and understanding in a particular area. If you choose the relevant modules in the same pathway, along with a dissertation in the same area, you have the option for the pathway to appear on your final transcript and degree certificate.

Chinese and Business Society pathway

Semester one

Contemporary Chinese Culture and Society

The module introduces you to key concepts in the understanding of contemporary Chinese culture and features of Chinese society, including:

  • continuity and change in the Chinese family
  • rural and urban society
  • chinese youth and generational identity
  • ethnicity and religion in contemporary China
  • the arts and popular culture
 

Semester two

Managing International Business in China

This module analyses the basic issues of managing international business in contemporary China, including entry mode selection, alliance management, negotiation with Chinese partners, cross-cultural human resource management, cross-cultural marketing, protection of intellectual property rights, corporate finance, and strategic management.

These issues are discussed in the light of the relevant theoretical frameworks and models of international business and management, with reference to current business and management practices of multinational companies operating in China. The context of China's general business environment and specific international business regimes are also examined.

 

Corporate Social Responsibility pathway

Semester one

Business Ethics

This module examines businesses from an ethical perspective. In particular, it explores the existence of corporations in liberal democracies, and ethical concerns surrounding multinational corporations and globalisation. Further to this, the module examines human rights; environment ethics; consumerism; and corporations as political actors, and as sites of political action.

The main concepts and theories underpinning the business ethics field will be introduced, and you will have the opportunity to use these in understanding business related issues. Teaching will consist of a mixture of lectures, case studies, exercises, discussions, and multi-media. Considerable emphasis will be placed on student participation in class, with the aim of promoting ethical reflection on the many important issues that surround business-society relations.

Ultimately, the aim of the module is to enable you to recognise and reflect upon ethical problems with a view to enhancing your analytical and decision-making skills.

 

Semester two

Managing for Sustainability

Sustainable companies are those that are managed in socially, economically, and ecologically responsible ways. Today's managers are expected to understand the impact of management decisions and practices on the environment and society.

This module considers how sustainability principles are applied in organisations, and how to manage for sustainability. Through use of multiple learning approaches, the module enables you to practically interact with real businesses to address some sustainability challenges faced by the organisation.

The module introduces the you to frameworks and theories use to critically assess sustainability, and to integrate sustainability into the business strategy.

The module enables you to develop an understanding of the practical dilemmas facing businesses as they seek to respond to multiple, and often, conflicting stakeholders expectations. You will be expected to critically reflect upon your practical experiences and capture these using a learning journal.

 

OB/HRM pathway

Semester one

Managing Organisations

You will be provided with concepts, theories and illustrations which will help you a become effective manager in a rapidly changing world. To enable this the following issues will be considered:

  • Organisational design: in particular the alignment of strategy, structure and environment
  • The management of organisational processes: organisational culture; organisational change; decision making; power, conflict and control; knowledge management
  • The relation between organisational design, management and organisational performance
 

Semester two

Contemporary Developments in HRM/OB

The module examines core contemporary topics in OB/HRM to highlight theory and provide you with a business context within which to understand the topic.

Topics include challenges organisations face in creating and retaining knowledge, developing talent across all the major functions, managing multi-cultural teams at the domestic and international context, the impact of the global economy on employees, reconciling individual expectations and the exigencies of the business world, and employment law.

 

Entrepreneurship/Innovation pathway

Semester one

Creative Problem Solving

This module will introduce you to the latest thinking in the areas of creativity, the creative process, knowledge management practices and the nature of entrepreneurship.

Having established the cricual link between creativity, entrepreneurship and economic development the course proceeds with the latest thinking in the areas of creativity, entrepreneurship and economic development the course proceeds with the latest thinking in the areas of creativity, the creative process and modern knowledge management practices supported by case studies and examples of successful applications.

You will be introduced to a variety of creative problem solving techniques and learn how to apply these techniques in the context of the development, evaluation and application of ideas and concepts with commercial potential.

 

Semester two

Innovation Management

The module covers the following: 

  • Introduction - What is Innovation Management?
  • Building an Innovation Organisation
  • Innovation and Family Firms
  • External Guest Speaker
  • Sources of Innovation and Networks
  • Innovation Strategy and Blue Ocean Strategy
  • Selecting the Right Idea
  • Implementing Ideas
  • Capturing Learning
  • Group Presentations - Appraisal of Innovation
  • Management of an Innovative Firm - consider the challenges of managing innovative products, services, processes and business models that are to be delivered across different international contexts
 
Launching New Ventures

This module will introduce you to the more practical elements of innovation and enterprise activity across multiple contexts, including not just new venture creation but corporate and social entrepreneurship as well.

Whereas Entrepreneurship and Creativity focuses on idea generation and entrepreneurial theory, Launching New Ventures will prepare you to recognise opportunities, and to implement innovation and enterprising ideas. The ability to make informed and timely decisions will be an important aspect of this, and the module will use a start-up business simulation to encourage this.

 
Technology Entrepreneurship

The aim of this module is to offer you an appreciation of the entrepreneurial actions involved in the commercial exploitation of new science and technology inventions. This type of activity is increasingly recognized as vital for the commercialisation of technology from universities and research institutes into knowledge-driven organisations. Political and sociological debates about the significance of technology transfer from universities will also be considered. The importance of intellectual property and patenting as a key asset in technology entrepreneurship will feature strongly in the module.

You will gain practical experience by researching and devising entrepreneurial strategies for commercializing novel science and technology ideas. This will require working with real patents and patent searching to critically examine contextual (eg between industrial sectors and countries) and strategic differences (eg licensing deals, collaborations and new venture creation). Technology entrepreneurs, Science Incubator managers and related professional services (eg IP lawyers, investors) will assist with the module at appropriate points.

 

Tourism pathway

Semester one

Tourism Marketing and Communications

This module covers the following: 

  • Defining tourism and marketing
  • Tourism and services marketing
  • Unique characteristics of tourism marketing
  • Tourism products and markets
  • Tourism demand and forecasting
  • Tourism marketing planning
  • The role of market research in tourism
  • Consumers and trends and theories in tourist behaviour
  • Quality management and services quality as marketable activities
  • Tourism destination marketing, managing destination image and managing the total visitor experience
  • The marketing mix for tourism services
 

Semester two 

Tourism and Sustainability

This module is concerned with providing an understanding of the theoretical and practical issues relating to environmental, economic and socio-cultural sustainability in tourism. A day long field trip may form part of this module. Topics covered include:

  • Tourism and the environment
  • Sustainability and biodiversity
  • Impact of tourism on physical and cultural environments
  • Eco-tourism and heritage
  • International case studies in environmental tourism
 

 

The modules we offer are inspired by the research interests of our staff and as a result may change for reasons of, for example, research developments or legislation changes. This list is an example of typical modules we offer, not a definitive list.

 
 

Funding

Funding may be available through the Business School. Funding information can also be found on the Graduate School website.

International and EU students

The University of Nottingham offers a range of masters scholarships for international and EU students from a wide variety of countries and areas of study.

Applicants must receive an offer of study before applying for our scholarships. Applications for 2017 entry scholarships will open in late 2016. Please note the closing dates of any scholarships you are interested in and make sure you submit your masters course application in good time so that you have the opportunity to apply for them.

The International Office also provides information and advice for international and EU students on financing your degree, living costs, external sources of funding and working during your studies.

Find out more on our scholarships, fees and finance webpages for international applicants.

 
 

Careers

Postgraduate careers team

As a postgraduate student in Nottingham University Business School you will have access to our specialist in-house postgraduate careers team to help you develop your career management skills and explore your career options. Through a combination of your academic studies and the careers support on offer you will be in an excellent position to enhance your career prospects.

Average starting salary and career progression

In 2015, 97% of postgraduates in the Nottingham University Business School who were available for employment had secured work or further study within six months of graduation. The average starting salary was £29,221 with the highest being £55,700.*

Career destinations for our graduates include accountants, finance and investment analysts, higher education teaching professionals, investment bankers, IT business analysts, management consultants, marketing professionals, public relations professionals and university researchers.

* Known destinations of full-time home higher degree postgraduates 2014/15. Salaries are calculated based on those in full-time paid employment within the UK.

Career prospects and employability

The acquisition of a masters degree demonstrates a high level of knowledge in a specific field. Whether you are using it to enhance your employability, as preparation for further academic research or as a means of vocational training, you may benefit from careers advice as to how you can use your new found skills to their full potential.

Our Careers and Employability Service will help you do this, working with you to explore your options and inviting you to attend recruitment events where you can meet potential employers, as well as suggesting further development opportunities, such as relevant work experience placements and skills workshops.

 
 
 
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Nottingham University Business School
Jubilee Campus
Nottingham
NG8 1BB
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