INTERNATIONAL BUSINESS AND DEVELOPMENT
The curricular prerequisites required for acceptance correspond to the basic content of degree courses from classes L-1, L-5, L-6, L-10, L-11, L-14, L-15, L-16, L-18, L-20, L-21, L-33, L-36, L-37, L-40, (ex 270/04) o 13, 29, 30, 5, 11, 2, 39, 19, 17, 14, 7, 28, 15, 35, 26, (ex 509/99).
Evaluation of personal preparation will occur according to the procedures defined in the Academic Regulations for the course.
Key learning outcomes
Globalisation is a great opportunity for young people today only if they can acquire knowledge and skills that enable them to reason from an international perspective, dialogue with economic actors anywhere in the world and work in a labour market that transcends national borders. This is particularly important in difficult economic conditions that, restricting employment opportunities, lead to a job search that is not confined to local or national dimensions. The decision that the course should be entirely in English is not only instrumental but strictly related to the content and objectives of the course. In fact it is impossible to operate on international markets or work in international organizations without an almost complete mastery of English. This was the inspiration for the advanced degree course in International Business and Development. The course in International Business and Development (IBD) aims to train professionals who have specialized knowledge of various aspects of the international economy and global development so as to be able to work in enterprises oriented around international markets and/or involved in import-export or fair trade, multinational companies, non-governmental organizations engaged in development cooperation, the great European and international institutions and organizations, national and regional institutions engaged in EU projects. The curriculum includes some basic lessons on the use of international statistics, the foundations of international law and international markets, the history of globalization processes and the major macro economic scenarios. It is then divided into micro economic lessons, in order to provide the skills necessary to work in firms operating in international markets, and macroeconomic skills, to provide the necessary skills to work in the field of international cooperation and development policies, or within large international organizations. In micro economics the lessons will cover aspects related to markets and international financial institutions, international accounting, international retailing and branding, international marketing and economics and decision-making techniques. These lessons serve to enhance the professional profile of manager or business consultant. In the macroeconomic sphere, the lessons will focus on development economics, international cooperation, industrial and rural clusters and cooperation between companies and the major themes of sustainable development, in particular environment and renewable energy sources. These lessons serve to develop the professional profile of cooperation and development project managers.
Graduates in International Business and Development may hold positions of responsibility in enterprises operating in international markets, multinational companies, non-governmental organizations working in the field of development cooperation, European and international institutions and organizations and national and regional institutions working on projects within the framework of EU policies. He/she also act as a consultant on issues of international economics and development, as well as corporate management and non-governmental organizations in a global perspective.
The course will be conducted entirely in English in so much as it is aimed at Italian students wanting to operate in a global market and at students from around the world. The intention is also to create a community of top-level students of international standing and with a global vision of economic problems in the city of Parma.
Consistent with the issues examined during the course and with the choice of the English language, a key role will be assigned to partnerships with foreign universities, aimed at creating opportunities for periods of study abroad and attracting foreign students from different parts of the world.
Knowledge and understanding
Graduates in International Business and Development acquire specialist knowledge on the functioning of the global economy, the exchange system, the functioning of financial markets, the problems of multinational companies and the relationship between advanced and developing countries. This will strengthen their understanding of the interconnections between the different parts of the world of economy and their forecasting of real and financial economic developments.
- To acquire a thorough knowledge of the functioning of international markets, activity and management of multinational companies or operators in international markets;
- To acquire planning skills to work in the field of international cooperation;
- To acquire specialist knowledge of the tools employed in financial intermediation, in international business, development finance and microcredit;
- To develop skills aimed at the application of European and International rules and policies, as well as a capacity for critical analysis of the relative implications;
- To develop understanding and forecasting of international economic situations and their domestic repercussions.
Applying knowledge and understanding
Graduates in International Business and Development will be given the opportunity to apply their knowledge in various areas of international economics. More specifically, graduates in International Business and Development:
- Develop the skills needed to apply the methodologies of international economics to corporate management and governance;
- Develop the skills needed to operate effectively in the major international economic organizations;
- Acquire the skills to carry out economic and corporate analysis using international sources of statistics;
- Acquire the expertise to operate in global markets with an excellent ability to interpret the evolution of global economic scenario especially with particular reference to the role of emerging countries;
- Develop the ability to identify and analyze the economic and social specifics of different regions of the world economy;
- Acquire the ability to develop and implement development projects in developing countries and in European politics.
The course's focus on the globalization process is especially suited to the development of an independent judgement in students. In fact this process stands at the centre of a very bitter debate between its supporters and its enemies. The course aims to provide students with the conceptual tools needed to be guided in this debate and to enable them to take independent positions even if they are based firmly on the pillars of economic discipline.
What's more, as the course is held in English it aims to gather an audience of students from different parts of the world. This international combination will allow an exchange of ideas, cultures and experiences on a global scale. This combination is an ideal breeding ground for the development of critical thinking and independent judgment. Finally, the elaboration of the thesis for the final exam will be an important opportunity to develop critical thinking and independent judgment.
Graduates in International Business and Development will be able to build and develop a method of study and research such as to allow for a possible continuation of studies, including access to second level master or doctoral degrees in international economics, both in Italy and abroad, as well as the upgrade needed to enable them to maintain a high profile in the professional world.
Graduates in International Business and Development will also be able to activate motivational processes that aim to broaden and deepen their level and variety of knowledge, activate processes of professional self-development and promote cooperation between different economic subjects.
The achievement of results in this area takes place over the whole course programme, especially through planned individual study, preparation and presentation of the individual and collective projects that have already been mentioned, a possible internship, and activity relating to preparation of the dissertation. Assessment of these results occurs during the course, requiring the presentation of detailed data and information obtained and processed individually and through the evaluation of learning and research during preparation of the dissertation.
The student's communication skills will be developed through the widespread use of interactive teaching methods. In particular, students will be called upon in all lessons that allow it to develop, present and discuss in class short papers, both in written and oral form. Particular attention will be paid during the preparation and presentation to encourage use of advanced IT tools and statistical techniques. Some of these presentations, which should be regulatory when teaching this degree course, will be collective in order to stimulate discussion among students of the course and develop their capacity for cooperation.
Final examination, if any
The final exam consists of an essay written on a topic assigned by the professor that has been assigned to assist the student during the conclusion of the course. The thesis consists of an in-depth theoretical and empirical examination of the content taught by the professor, who acts as supervisor. The exam may be linked to a specific internship experience, consistent with the objectives of the course. The student's thesis, once approved by the supervisor, is presented in oral form to a commission, which is tasked with assessing it. This judgment is then forwarded to the degree committee of Science, which evaluates the student's career taking into account the outcome of the final exam.