A. Statement of major focus and objectives of the revised program. The growth in international activity of domestic companies, large and small, as well as in the nonprofit and government sectors, has been enormous in the past two decades, and is accelerating. Right now we are doing an in-depth study of international initiatives of local companies and finding extensive and growing involvement, on the supply side, on the sales side, and in locating operations in other countries, of Winona area companies. Our Business students must have curriculum and program opportunities that prepare them for the fast-growing number of job and business opportunities this international involvement is opening up. This up-dated International Business Minor is an important step in achieving that objective. (A recent article of interest is “America Isn’t Ready” by G. Colvin, Fortune, July 25, 2005). B. New Catalog Content 1. Provide a list of program content as it would appear in the catalog including required courses, electives, etc., by number and name. Include the number and name for each prerequisite, and all prerequisites of proposed prerequisites. All such prerequisites, and prerequisites of prerequisites, should be included in the total credit hour calculations for the revised program. Please note: All prerequisites for required courses are required courses for ALL Business Majors. B.S MINOR – INTERNATIONAL BUSINESS 30 S.H. REQUIRED COURSES (24 S.H.) * GS 200 Introduction to Global Studies MGMT 455 International Business (Prereq: Mgmt 315 or 325) MGMT 475 Seminar in International Management (Prereq: Mgmt 315 or 325) Select three courses from the following MKTG 331 International Marketing (Instructor’s permission) FIN 440 International Finance (Prereq: Fin 360) BUSA 411 International Business Law (Prereq: Busa 301 or 291) * ECON 404 International Economics (Prereq: Econ 201 & 202) or ECON 415 International Economic Development (Prereq: Econ 201 & 202) Foreign Language (Minimum of two semesters of one foreign language) (3) (3) (3) (3) (3) (3) (3) (3) (6) ELECTIVES (6 S.H.) Select two from the following (including any courses in above list not selected): GS 205 Cultural Encounters (3) * GS 250 Introduction to Asia (3) GS 350 Cross Cultural field Experience (3) (or international travel study) (permission required) GS 355 Asian International Relations (3) ACCT 424 International Taxation (3) (Prereq: Econ 202) MGMT 477 International Human Resources (3) (Prereq: Mgmt 315 or 325, 317 or consent) * CMST 281 Intercultural Communication (3) CMST 381 Advanced Intercultural Communication (3) Or select one of the following courses: * HIST 165 Latin American History (3) HIST 233 History of Mexico (3) HIST 341 Modern Japan (3) (Prereq: Hist 123 & Eng 111 or permission) HIST 343 Modern China (3) HIST 434 Soviet Russia (1905-present) (3) (Prereq: Hist 122 & 151 or permission) HIST 469 History of Brazil (3) (OR Other elective with appropriate international content, approved in advance by the BUSA Dept Chair) *Starred courses may also be applied to University Studies Requirements Prerequisites for the required business courses are all part of the BUSA Major 2. New catalog narrative, if any. This International Business Minor provides in-depth coverage of issues, concepts, and practices related to the operations and management of international business. The program’s courses focus on the international business environment, and management of international/multinational operations and resources. Students are encouraged to study abroad for a semester or opt for a short travel-study aboard experience as a part of this Minor. C. Description of Revisions, to include 1. A display of current program requirements next to proposed new requirements for clear, easy comparison. OLD MINOR in International Business (30-33 S.H.) REQUIRED COURSES (12 SH) ECON 404 Int’l Econ OR ECON 415 Int’l Econ Devel (3) FIN 440 Int’l Finance (3) MGMT 455 Int’l Business (3) MGMT 475 Sem in Int’l Mgmt (3) MKTG 331 Int’l Mktg (3) Foreign Language (9-12 SH) A minimum of three semester hours in a single foreign language. The foreign language requirement may be applied toward University Studies requirements. ELECTIVES (9 SH) ACCT 424 Int’l Taxation BUSA 411 Int’l Bus Law ECON 404 Int’l Economics ECON 415 Int’l Econ Development MGMT 447 Int’l Labor Relations MGMT 477 Int’l Human Resources Mgmt NEW MINOR – See ABOVE 2. A clear identification of each proposed change. As can be seen by comparing the old with the new Minor, an objective is to have the students more wellrounded in international perspectives, not just in business but in history, culture, and communication, etc. In addition, since some of the required and elective classes also satisfy University Studies requirements, as well as the BUSA Major, students will not be burdened with additional semesters to complete the minor if they declare it and plan early. In addition, in the OLD Minor, many of the required courses were offered only once per year, making it difficult for those declaring late or with less planning to complete it in a reasonable time. Though most of the same international business-related courses are involved, students will have more options, choices, and flexibility. 3. The following information for each required or elective course: a. Course number and name, b. A brief course description, and c. A brief statement explaining why the program should include the course. All International Business courses are the same as in the old Minor but many now represent choices. The Foreign Language requirement is also not new but only 6 S.H. will be required, not 9 S.H., giving students some background in the language of another culture but not expecting them to take so many additional credits. Two semesters will allow them skills for some basic conversation, and pronunciation, use numbers, read signs and order foods, etc. Added courses (new to the Minor) are in Global Studies, Communication Studies, and History. All of these will offer students selecting this minor more breadth to help them understand and more readily appreciate another culture, relate better to people of another culture, and adapt more effectively to new surroundings. As more travel study opportunities and more study and work aboard opportunities are available at WSU, International Business Minors will be encouraged to take advantage of them. These first-hand experiences, if well designed and carried out, are some of the best learning and development experiences for international careers. B.S REVISED MINOR – INTERNATIONAL BUSINESS -- Course numbers and names/rationale REQUIRED COURSES (24 S.H.) * GS 200 Introduction to Global Studies MGMT 455 International Business (Prereq: Mgmt 315 or 325) MGMT 475 Seminar in Int’l Mgmt (Prereq: Mgmt 315 or 325) Select three courses from the following MKTG 331 International Marketing (Instructor’s permission) FIN 440 International Finance (Prereq: Fin 360) BUSA 411 International Business Law (Prereq: Busa 301 or 291) * ECON 404 International Economics (Prereq: Econ 201 & 202) or ECON 415 Int’l Economic Development (Prereq: Econ 201 & 202) Rationale for inclusion Good foundation for any international experience Good foundation for int’l business knowledge Good foundation, int’l mgmt of resources & people Good foundation for students interested in Mktg Good foundation for those interested in Finance Foundation for those interested in Law Important foundation for any int’l business student Good foundation for those interested in econ/devel Foreign Language Important for adapting in another country/culture (Minimum of two semesters of one foreign language) ELECTIVES (6 S.H.) Select two from the following (including any courses in above list not selected): GS 205 Cultural Encounters Help in future job, adapting to another culture * GS 250 Introduction to Asia Deeper understanding of key region in int’l bus GS 350 Cross Cultural field Experience Real experience in another culture/country -- of (or international travel study) great importance in preparation for foreign (permission required) assignment with a future employer GS 355 Asian International Relations Deeper understanding of key region in int’l bus ACCT 424 International Taxation Foundation for those interested in accounting (Prereq: Econ 202) MGMT 477 International Human Resources Foundation for those interested in HR and Mgmt (Prereq: Mgmt 315 or 325, 317 or consent) * CMST 281 Intercultural Communication Help in future job, adapting to another culture CMST 381 Adv. Intercultural Comm Help in future job, adapting to another culture Or select one of the following courses: * HIST 165 Latin American History Better appreciation of the country of chosen interest HIST 233 History of Mexico Better appreciation of the country of chosen interest HIST 341 Modern Japan Better appreciation of ther country of chosen interest (Prereq: Hist 123 & Eng 111 or permission) HIST 343 Modern China Better appreciation of ther country of chosen interest HIST 434 Soviet Russia Better appreciation of ther country of chosen interest (Prereq: Hist 122 & 151 or permission) HIST 469 History of Brazil Better appreciation of ther country of chosen interest (OR Other elective with appropriate international content, approved in advance by the BUSA Dept Chair) *Starred courses may also be applied to University Studies Requirements Prerequisites for the required business courses are all part of the BUSA Major