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Degree Title

Master of International Business

Apply by:

July 15

To begin:

Aug. 26

Overview

Prepare to take the leap into the global business arena with a Master of International Business (MIB) from FIU Online. Through our fully online MIB program, you will develop competency in international business practices, explore real-world business scenarios in a global context and emerge ready to lead and manage international teams.

Our online MIB program is convenient and flexible, with a curriculum designed to help you meet the unique challenges of managing teams that span continents and cultures and expanding businesses into new global markets. Through our innovative Canvas technology, you’ll be able to collaborate with other MIB students, who come from around the world and reflect the imagination and diversity of the global business community.

As a graduate student in the MIB program, you will:

  • Meet with international business executives and visit cultural sites on an international business trip
  • Gain invaluable, hands-on experience through the Master’s Project consulting assignment
  • Develop professional contacts within South Florida’s vibrant international business community
  • Be inspired by a faculty that is more than 60% international
  • Gain skills in more than 25 workshops and seminars within the office of Business Career Management
  • You can also complete your MIB as part of a Dual Degree and earn an additional Master’s degree from one of our partner schools in the Americas, Europe or Asia

FIU's Master of International Business will open doors around the globe. In addition to its standing as a prestigious state university, FIU offers students an MIB program that goes straight to the mechanics of international business. The growth in this area is exponential and you deserve to be part of it.

 

  • Why Apply?

    Earn a world-class Master of International Business in only 12 months from one of the country's top ranked international business programs — ranked #10 by U.S. News & World Report (2013). Classes are fully online, taught by a faculty that is more than 60 percent international.

    • The MIB program aims to produce top notch specialist talent that is highly competitive in the global marketplace. It is a highly dynamic, rigorous, and relevant program taking an innovative, multidisciplinary approach to the current realities shaping global business.

    • The MIB program targets professionals who are already employed, recent graduates, self-employed, or seeking to boost their potential by learning the essential skills required to conduct business in today’s global economy. We are also interested in career changers who would like to start their career in international business, or those who want to advance their career by obtaining IB knowledge and skills unavailable to others. The MIB is useful even for those not working for multinational companies, as it provides a set of skills valuable in every part of today’s diverse, globalized economy.

    FIU's Alvah H. Chapman Graduate School of Business is AACSB-accredited. AACSB-accredited schools have the highest quality faculty, relevant and challenging curriculum, and provide educational and career opportunities that are not found at other business schools. Find out more about AACSB accreditation.

    Students enrolled in graduate programs through the Alvah H. Chapman Graduate School of Business, and alumni, have access to Career Management Services. Self-assessment tools that enhance continuing development, evaluation and implementation of your personal career plans, individual student advising, résumé referrals, and much more are offered.

    Degree Objectives

    Beyond learning about international business, you'll gain skills in leadership, team-building, communication and career preparation through professional development seminars. Unique to the fully online MIB program is a "consultancy" project that enables you to apply your knowledge of international business to a company's real-world challenges. Upon completion of the program, you should be able to independently:

    • Critically analyze and communicate complex business issues in multinational markets.

    • Interpret international financial practices and standards.

    • Identify relevant laws governing international business practices.

    Industry Statistics

    As international business opportunities grow and U.S. organizations expand abroad, many will hire management analysts to help them form the right strategy for entering the foreign market. Professionals with international business and multicultural knowledge will be greater demand, as foreign direct investment (FDI) flows are projected to climb to $1.85 trillion by 2018 (World Investment Report, 2017). In 2017, the median annual wage of management analysts as $82,450 (Occupational Handbook, Bureau of Labor Statistics).

    Florida International University’s College of Business is accredited by The Association to Advance Collegiate Schools of Business (AACSB International). AACSB accreditation represents the highest standard of achievement for business schools worldwide.

    internationalbusinessaccre.png

     

  • Courses

    This 12-month accelerated program consists of 30-credit-hours of coursework. Each semester is broken down into 8-week sessions. Students take two courses per session. Cohorts begin every Fall semester.

    The program’s curriculum has been completely redesigned to match the current reality of the global economy and provide students with relevant skills sought by employers. The new curriculum emphasizes geopolitics, international entrepreneurship, interpersonal and professional soft skills, an experiential consulting project, and emerging markets. The new curriculum includes the following courses:

    Fundamentals of International Business 

    This course examines the basic concept and theories of international business, particularly those that make doing business across borders a unique business activity. Various theoretical frameworks will be discussed, including theories of the multinational enterprise, international trade and economics, and foreign investment. Students will gain an understanding of why the phenomenon of international business exists, in different forms, and of the role of the multinational enterprise in international business activities.

    Global Megatrends, Geopolitics, and Political Economy 

    This course examines recent global megatrends and the history of political developments and contemporary political order across nations, regions, and the global economy. The emphasis is on the implications of political order and relations, current sites of geo‐political tension, political power, and foreign policy for doing business across borders. An interdisciplinary approach ‐ including political economy, geography, history, international relations, international business, economics, and sociology ‐ is taken to examine the opportunities, challenges, and skills associated with navigating an international enterprise in the complex sociopolitical landscape of the modern global economy.

    Global Strategy and Business Models 

    This course introduces students to concepts, and tools that will enable them to appreciate, and learn to address the challenges associated with managing a multinational corporation in a rapidly changing global environment. The course is taught using the case method and emphasizes strategy and business model formulation, decision making and implementation given the diverse environmental and institutional constraints.

    Global Management Skills  

    This course examines the role culture plays in organizations and in conducting business across borders. Various cross cultural frameworks will be compared. Students will gain an understanding of cultural attributes, values, and beliefs and how these create challenges in communicating, leading, and managing across cultures. Gaining cross‐cultural literacy and tools is one key aspect of this course, as it will enable one to be a more effective communicator, leader, and manager in a global context characterized by cultural diversity.

    Global Start-Up 

    This course will analyze strategies for starting and growing a new global venture. The emphasis is on rapid expansion and matching new business models to country‐specific markets, talent, financial capital, and professional networks. Students will examine new venture ecosystems in developed and developing countries and compare these for market growth opportunities. Students will conduct a feasibility analysis of a new product or service which will include the business concept, opportunity recognition, developing a workable business model, accessing human and organizational resources, and applying these concept across borders, in multiple countries. There will be specific emphasis on social innovation as the driver of global growth.

    Master's Project in International Business 

    This graduate level course provides you with hands-on experience in working with real problems with a real customer client. You will be part of a team that works on a major, complex issue faced by a client customer. The goal of the Masters Project Course is to help you to apply the knowledge and competencies you have developed in the Masters of International Business Program.

    Master's Seminar in International Business (International Trip)

    This mandatory trip is an integrated program of learning conducted in a foreign business environment. The course is designed specifically for international business professional and is key to understanding the economic, political, and cultural factors shaping business in and across countries. The international trip is one of the highlights and exciting components of the MIB program and serves to enrich students’ knowledge of international business through experiential learning in a foreign country.

    Elective Courses
    Elective courses in the Masters in International Business program may vary by availability and student interest. We may offer a wide array of courses in the fields of international finance, international marketing, international human resource management, entrepreneurship, International management and leadership, and other areas relevant to international business. These courses will allow students to combine their knowledge in international business with a more specialized business function. Course modality will also vary and span on campus, online, and hybrid formats.

    ** Course are subject to change without notice.

  • Requirements

    To ensure every student’s success, we have certain admissions requirements for each of our programs. To help you through the application process, our enrollment advisors are here to answer your questions and guide you every step of the way.

    For application inquiries, contact us:
    Phone: 305.348.3125 or 1-(855)-FIU-Online
    E-mail: onlineprograms@fiu.edu

    Admissions Requirements

    • Four-year US bachelor's degree or equivalent from an accredited institution.

    • Be in good standing with all previously-attended colleges and universities.

    • Undergraduate grade point average (GPA) of 3.0 or higher for the last 60 hours of upper division coursework.

    • If you are an international student living outside the U.S., you do not need an F-1 student visa to complete the program. You may complete the program completely online at your home country.

    • Have two years of professional work experience.

      • Professional experience is determined on a case-by-case basis using a resume and any requested supporting documents. Our admissions committee evaluates an individual's accomplishments, roles, and responsibilities to determine the total number of years of professional experience. FIU considers the individual's managerial responsibilities, role in setting direction and strategy, and his/her role in allocating resources. Normally, professional experience begins at the point of graduation; however, FIU may consider prior work experience based on the type of experience.

    Admissions Documents

    The following must be submitted:
    • Online graduate programs application form ($30). Be sure to select the 'International Business Online' concentration. 

    • Official transcripts from all previously attended universities and a copy of the diploma is needed if the degree is not posted on the transcript. Official transcripts/translations must be submitted directly by the respective institution(s) in electronic format or mailed in a sealed institution envelope to:

    FIU Online
    Florida International University
    11200 SW 8th Street, MANGO 540
    Miami, FL 33199 

    • Resume provide a detailed and current resume outlining your professional work experience with dates and degrees earned. Internships and part-time employment may be included.

    • Official GRE or GMAT passing scores (if professional experience requirement is not met). You must earn a score of at least 500 on the Graduate Management Admission Test (GMAT)or at least a 304 on the Graduate Record Exam (GRE). Scores are considered official when sent by testing center. When requesting official scores, please refer to school code 5206. GRE/GMAT scores are valid for 5 years. A GMAT waiver at the discretion of the academic director is available for:

      • Applicants with two years of demonstrative work experience and success in completing other academic programs.

      •  Applicants who have an undergraduate business or related degree (economics, hospitality management, etc.) with an upper division grade point average (GPA) of 3.25, or higher.

      • Applicants without a business or related degree having an upper division grade GPA of 3.35, or higher. 

      • If the applicant has already completed a graduate degree from an accredited university with a minimum grade point average (GPA) of 3.0, or is entering a business master's program under a special agreement for admissions with specific foreign and domestic universities.

    • Statement of Purpose - Short essay that describes why you want to obtain an advanced international business education, and how the MIB program fits within your personal and career goals.

    • Video - As part of the admission process, a video is required. Please create a video discussing the following:

      • Tell us about yourself.

      • Why you are interested in the MIB program?

      • Why at FIU?

      • Career plans or goals for the next 5-10 years

    • Florida residents provide two documents confirming you have maintained residence in Florida for the past 12 months. Please view affidavit form and list of acceptable documents here.

    • 2 Letters of Recommendation - Must be from academic and/or professional references and must include contact information.

    International Students 

    • Official TOEFL/IELTS: If you earned a bachelor’s degree in a country whose official language is not English, you must demonstrate English proficiency by taking either the TOEFL or IELTS. Minimum scores for the TOEFL is 550 paper based, 213 computer-based. Minimum score for the IELTS is 6.5. When requesting official scores, please refer to FIU Institution code 5206. Note: TOEFL /IELTS scores are valid for two years.

    • Official transcripts translation: If official transcripts are not in English, a second copy of the transcript must be requested for translation by an official translation agency. Both the official translation, as well as the original transcripts, must be submitted to FIU.

    • A copy of diploma (an official copy may be requested in certain cases)

    Note: Only those applicants who have submitted complete application packets will be considered. Meeting the minimum requirements is not a guarantee of admission.

  • Tuition

    Pursuing your degree is one of the best investments you can make — one that will open doors to personal and professional opportunities. Our tuition costs represent some of the best value in higher education, and we also offer financial aid support you need to reach your goals.

    The total cost of the Master of International Business is $27,500 for Florida residents, non-Florida residents, and international students. Students pay for courses at the beginning of each semester. Please note, tuition and fee amounts vary by term and all amounts stated are subject to change.

    Once a candidate is accepted into the online MIB program, he or she will be required to submit a $500 professional development seminar fee, which will be applied toward the total program cost. This fee is non-refundable.


    Academic Works

    FIU offers Academic Works, a website that matches students with relevant scholarship opportunities.  Find the one that’s right for you!  Academic Works is an online scholarship application tool where FIU students can browse and apply for more than 100 scholarships, made possible by the generosity of FIU alumni and friends.  Students can apply after they are matriculated into one of our programs.  For more information visit https://give.fiu.edu/business-governance/scholarships.


    Other Resources

    There are other third party resources that prospective students can access while researching on how to pay for school.  Below are various links that provide more information on financial aid and scholarship opportunities:


    Federal Financial Aid

    For information on Federal Financial Aid and the Free Application for Federal Student Aid (FAFSA), please visit our financial aid page.

  • Top Faculty

    FIU is one of the top IB schools in the USA and in the world. Our IB-related programs are consistently ranked among the top in the USA, and our faculty members are renowned IB researchers/professors and experienced executives/entrepreneurs.

    Wendy Gelman

    Wendy Gelman
    Prior to joining FIU, Ms. Gelman was an attorney specializing in estate planning and federal tax law and also represented lenders in mortgage foreclosure proceedings. She has been a member of the Florida Bar since 1993. Her areas of expertise are commercial and corporate law, estate planning, international business law and taxation.

    Carolina Gomez

    Carolina Gomez
    Prior to joining FIU, Carolina Gómez served as assistant professor at Towson University’s College of Business and Economics and at the University of Houston College of Business Administration. In the private sector, Dr. Gómez worked with Nortel in marketing and strategic planning. Her areas of expertise include empowerment, international entrepreneurship and cross-cultural issues.

    Ruth McEwen

    Ruth Ann McEwen
    Dr. McEwen taught graduate financial accounting at the intermediate and doctoral levels for more than 20 years, and has consulted with the Financial Accounting Standards Board, where she was deeply involved with the FASB’s Codification Project. Her areas of interest include financial reporting and financial standards.

    David Wernick

    David A. Wernick
    Dr. Wernick’s research focuses on global business strategy, corporate security in emerging markets, and business ethics and social responsibility. He is the author of numerous academic and policy-oriented studies on global business and politics, and prior to joining FIU, Dr. Wernick worked as senior analyst with a Miami-based international security consultancy.

fiuonline.fiu.edu

30 Credits Required

fiuonline.fiu.edu

$27,500.00 Tuition Cost

Highlights

  • Fully Online Degree
  • 12-month program
  • Unique master's consultancy project
  • #6 International Business Programs 2016 (U.S.News and World Report's Best Colleges)
  • #46 Best Online Graduate Business Programs 2016 (U.S. News and World Report’s Best Online Program Ranking)
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