Graduate Certificate in Global Business
Global cultural agility, intercultural communication and leading across countries and cultures are 21st century foundational leadership skills. Build your global mindset and cultural competence to successfully manage in multinational business environments with diverse market, economic and political systems. Experience global business directly by travelling with a group of fellow professionals on one of our short-term study abroad experiences.
Part-time graduate certificate program
- Evening courses designed for working professionals
- Complete at your own pace taking one or more courses per term
Graduate Certificate in Global Business
The Graduate Certificate in Global Business provides:
- A program developed and delivered in partnership with global business professionals
- Part-time study with flexible enrollment options to match your pace and schedule
- Short-term study abroad component
- Elective courses designed to build your professional effectiveness in global contexts
- In-depth options in global finance, marketing, economics and business law
- Option to apply graduate certificate credits to a St. Thomas Flex MBA degree
Curriculum and Course Descriptions
12 credits total
Required Courses (6 credits)
Today, companies have a variety of choices when deciding where to locate different value-creating activities. This course explores the opportunities and challenges associated with conducting business in a global context. The goal is to provide the foundations for understanding the external global environment facing a multinational enterprise (MNE) and the internal challenges of managing an MNE. Specifically, we will examine the following topics: the forces behind globalization; the different cultural, political, legal and economic environments in which global businesses operate; the tradeoffs between global and local strategies; the alternatives available for coordinating activity in an MN;, and the unique challenges involved with managing people in a globally dispersed organization.
Students may choose from approved MBA or graduate-level study abroad courses which are led by St. Thomas faculty. Offerings vary each academic year and are often offered as J-term courses. Examples of recent courses include:
Global Risk Leadership: Scandinavia -or- London (MGMT 753)
Global Risk Leadership challenges students to better understand how firms (and societies) assess and address Global Risks. In doing so, the relationship between risk management and both resilience and sustainability is introduced and explored. As will be seen, ‘managing’ many of these challenges is far beyond the capabilities of single organizations (or even nations), and so the concept of risk leadership is introduced to provide a framework for thinking about the necessary ingredients for meaningful responses to these risks.
Global Financial Services: China (FINC 752)
The global financial services industry transcends national boundaries and includes hundreds of multi-national financial companies in the fields of commercial banking, investment banking, insurance, real estate, investments and asset management, financial advising and consulting, brokerage and trading services, capital market listing companies, and related marketing and communication services. By some measures, it has grown to become the largest industry sector in the world, representing approximately 30% of global business enterprise and the global economy. This course is designed to blend theory and practice regarding the structure and markets of global financial services. Expert presenters in each location will present topics such as investment banking, commercial banking, investment theory and practice, institutional wealth management, insurance, risk management, real estate and other real assets, custodial and transaction processing, political risk, social environment, regional economics, and currency and monetary policy. Emphasis on the global market will provide students with a broad perspective of the global economy and its interrelationships.
Emerging Markets: Latin America (MKTG 714)
This elective will examine frameworks, strategies and practices for marketing in the emerging markets of South America. As with all marketing strategy, we will analyze contextual factors related to political, economic, social/cultural and technological aspects of life and business in Argentina and Brazil (aka PEST analysis). We will further examine how these contextual factors impact marketing strategy and implementation. We will discuss which aspects of marketing in South America are applicable to other emerging markets (vs. unique to South America) and will compare them to marketing practices in the United States. You will improve your skills in critically analyzing and evaluating market situations and making marketing decisions in emerging markets through on-campus class sessions and a trip to Argentina and Brazil.
Marketing in a Mega Market: India (MKTG 714)
Today, India is at cross-roads. While it has emerged as a powerful economic player on the world stage over the past few years, it also faces many challenges as it looks to shape its future as the second-largest world economy by 2050. As a country, India is a very intriguing place. It is the world’s largest democracy and home to roughly a fifth of the world’s total population. As a business destination, it is a challenging place given its geographical and cultural diversity. Our class aims to make sense of India as a mega-market from a marketing and business strategy standpoint through our readings and case discussions, as well as imbibe its intensity and diversity as a nation and a business destination by spending time in India.
Elective Courses (3 credits)
*course has prerequisite(s); may be waived for those with appropriate academic background. Contact program advisor for more information.
Develop a foundation and framework for understanding the national, multilateral and international legal issues confronted by the multinational enterprise (MNE). You will examine the legal and regulatory environment associated with conducting business across national borders including international trade and commercial transactions. Legal topics, explored in the context of their impact on managerial decision making and business strategy, will include: international trade, mechanisms for effectively resolving international business disputes, legal issues impacting market entry and expansion strategies (trade, intellectual property licensing and foreign direct investment), regulation of the market place, and compliance.
Develop an understanding of global macroeconomic conditions and markets in order to evaluate the current economic environment for business and financial decision making. Concepts covered include: determinants of the level of national income, employment, investment, interest rates, business cycles, inflation, exchange rates, managing exchange rate exposure, and current global economic and finance developments and issues. Prerequisites: GBEC 600 or 625
A critical examination of the current finance and economic crises and issues faced by specific countries and the global financial system as a whole. We will study the causes, consequences and implications of such issues and formulate appropriate policies to prevent or mitigate such issues. The specific topics of this course may vary from year to year depending on the current global finance issues, but will not duplicate existing courses. Prerequisite: FINC 600
You will explore, study and research the important issues, theories and practices in international marketing. The topics of this course include: the international marketing environment, scope, theory, ethics, marketing mix and strategies, as well as international trade and investment. Prerequisite: MKTG 600 or MKTG 625.
Students can choose to participate in a second short-term study abroad course to apply as their elective credits.
Professional Effectiveness Courses (3 credits)
To be effective and just, leaders need to understand the diverse peoples who comprise their organizations and markets, and practice inclusion at self, interpersonal, team, and organizational levels. Culturally competent leadership rests on foundational knowledge, skills, and mindsets applied in both domestic and global contexts. This course introduces a range of perspectives (legal, ethical, structural, political, symbolic, historical, social, relational), exploring topics such as dimensions and categories of human diversity and of cultures; social identity and perception; attribution, bias, stigma, and harassment in organizations; cross-cultural communication and conflict; power, privilege, and oppression; domestic and world workforce and market demography.
Businesses increasingly use teams to get work done at all levels of the organization, but often teams are not managed effectively. This course examines when teams are the right choice (and when they are not), how to be an effective team member and leader, and how to diagnose and solve common team problems. You will also examine how teams operate under special circumstances, e.g., cross-functional, temporary, global, and distributed (or virtual).
This course provides key insights into the various negotiation situations that are encountered in the business world. You will learn the techniques which best apply in dealing with the multitude of negotiation situations encountered in the workplace. Extensive use of in-class negotiations and case studies will build your negotiation skills, beginning with one-on-one negotiations and concluding with large group negotiations. Mock negotiations will be conducted each week. A few classes will focus on special negotiation skills, including international negotiations and salary negotiations. You will be offered the opportunity to practice your negotiation skills in both buyer and seller roles.