MBA – International Business Management

MBA : orientations

• IBM (International Business Management)

• IR (International Relations)

• BIM (Business Information Management)

MBA versus master HW

=> Focus is more on the international context or on the context of international/multinational enterprises

For whom?

• Generalist = specialist in the integration of different functional domains

• The management of the company as an entity– Understand what’s going on in different

subdomains– Necessitates a helicopter view

• Leadership/management• Coordination• Synthesis

• Future entrepreneurs

How is this reflected in the programme?• Understand a range of functional domains

– Orientation BBA3: 12 credits

– Are you fascinated by the world of business in all its aspects? If you want to specialize in different fields, International Business Management is the right option for you. It provides you with an overview of the many different aspects of the management of organizations and companies.

– Master: Business process and operations, Actual topics in marketing, International management

• Integrate subdomains– BBA3: business projects: choice out of three project

management skills– Master: Strategic management, Entrepreneurship,

master thesis

3rd year General Courses Credits Semester STRATEGY & BUSINESS SCIENCES

Principles of human resource management 3 2 General management & corporate strategy 4 2 Business Project: management game / international study visit 3

Principles of management accounting 4 1 Corporate finance 5 1 ECONOMICS & INTERNATIONAL BUSINESS

International economics 3 1 European policy 3 1 International research in economics and business 3 1 English III 3 2 French intensive III or 6 1 Dutch III/ French III / German III / Spanish III (choice of two) 3 1 RESEARCH & METHODS

Research project economics and management 4 2 Statistics for business economists III 4 1 HUMAN BEHAVIOUR, LAW & SOCIETY

Social law 3 2 TOTAL CREDITS 48

Orientation Courses Credits Semester BUSINESS INFORMATION MANAGEMENT

Application development 3 2 Databases 3 1 ICT infrastructure 3 2 Project management 3 2 INTERNATIONAL BUSINESS MANAGEMENT

Logistics management 3 1

Sales management 3 2

Business projects: International Business Economics Research / business plan / company project

3 1

Management accounting II 3 2 INTERNATIONAL RELATIONS

Introduction to international and European law 3 2 History of European Integration 3 2 International socio-economic analysis 3 2 Introduction to international relations 3 2 TOTAL CREDITS 12

Course content BBA3

• Logistic Management: This course provides an integrated and comprehensive treatment of logistics and supply chain management. Students learn how firms must logically link with their supply chain partners in order to gain a market advantage. Major economic trends which fundamental influenced the supply chain processes are: ongoing advances in IT-management, increasing cost pressure, underlining the role of quality management and customer satisfaction. Also, the increasing focus on core activities causes large, often worldwide networks for supply, production and distribution.

• Sales Management: The courses in the domain Strategy, Management and Entrepreneurship develop the necessary management knowledge and skills. The bachelor program focuses on the development of a broad basic knowledge in the field of general management, corporate strategy, marketing, HRM, and on the development of skills in communication, working together in team, and negotiation in a business environment. In the master program, the students perfect their management skills by studying complex management questions and solving practical business problems.

Management Accounting II:

• The courses within the domain of Business Science allow students to gain knowledge and develop competences in the following subjects: accounting, tax, finance and risk management, information management. Due to the importance of and the close link with knowledge of the legal system and the broader management perspective, these subjects are also integrated in the curriculum.The registration and analysis of financial information are essential competences for business students. Reliable financial information is the basis for numerous business decisions to be taken by various internal and external stakeholders of the organization (e.g. current and/or future shareholders, management of the organization, financial institutions, creditors, etc.)

• Whereas in the 'principles of management accounting course' the focus lies on costing products and services, and on the related cost accounting and cost management systems, the first part of this course focuses more on how costs react to changes in the activity level and how this relationship can be modeled using statistical techniques. This cost behavior perspective is more useful for planning & control purposes and for decision making. It will be demonstrated how this perspective is useful in making certain decisions. In the second part of the course, students are confronted with the concept of management control systems. The emphasis lies here on the use of standard costs, budgets, and variance analysis as a planning and control tool and on the use of financial and non-financial performance indicators to control an organization.

Business Projects • If you take the International Business Management orientation

programme, Business Projects in the third year offers you the opportunity to experience a complete decision-making process at management level. Three challenging choices from which you pick one:

• Dealing with a practical problem a company faces • Offering support in export decisions • Drawing your own business plan

Nkora Nkoranigwa (Tanzania) “I have excellent memories from my BBA experience at HUB. Not that the program was easy, but because it challenged me to grow! The program was designed to benefit the students. It takes full advantage of the ‘team approach’ and still equips the individual to make educated decisions”

More detailed info

• ECTS: http://www.hubrussel.be/HUB_english/HUB_web/HUB-English/Economics__Management/Bachelor_of_Business_Administration/Bachelor_of_Business_Administration-Study_Programme__Course_Information_%28ECTS%29.html

MBA: orientation IBM

• The MBA IBM prepares you for management positions in organizations and companies. It is a comprehensive programme and employment opportunities are numerous and diverse. In the first stage of their carreers, graduates are mainly employed in financial, administrative, and commercial departments of organizations and companies (e.g. companies in the financial sector and management consultancy firms). In the further stages of their carreers, they start to work on middle and higher management levels.

Programme

More info

• http://www.hubrussel.be/HUB_english/HUB_web/HUB-English/Economics--Business/Master_of_Business_Administration/Major-International-Business-Management/MBA_-_International_Business_Management-Study_Programme__Course_Information_(ECTS).html

Business orientation

• Master thesis: company project! – own proposal or check online availability

• Internship: outside curriculum

Job perspectives?

• General management functions

• Analist company processes

• Project management

• Own business -> economic crisis and entrepreneurship: TEA only 5%

Some employers

Government – Banking Sector – Big Four Audit & Consulting – International companies (Coca-Cola – Toyota/Honda – IBM – P&G/Unilever - SD Worx – Siemens – Samsonite …) – own business