Required Core (12 Credits)

EBFN 101 - Principles of Finance (3 credits)

An introductory study of the basic principles, instruments, and institutions in the financial marketplace. Topics include the concept of money; the Federal Reserve and the banking system; the provision and management of funds for both the short and long terms; the basic financial instruments; financial characteristics of the firm, including basic balance sheet analysis; the role of the stock and bond markets; interest rates and present value analysis; personal finance issues. Corequisite: EBEN 101 or EBEN 102.

EBEN 408 - International Trade and Monetary Systems (3 credits)

An in-depth study of modern trade theory and monetary relations. Topics include but are not limited to globalization, absolute and comparative advantage, theory of reciprocal demand, offer curves, factor endowment theory and other theories of trade, Leontief paradox, tariffs and their effects, balance of payments issues, foreign exchange rate determinants, spot and futures markets, arbitrage, purchasing power parity, balance of payments adjustments, exchange rate adjustments, and its effect on the balance of payments. Prerequisites: EBEN 101, EBEN 102 and EBFN 101.

ISBN 610 - Introduction to International Business (3 credits)

Focuses on the concepts and institutions affecting the international dimension of business. Covers international management aimed at familiarizing students with the range of economic, political, and social factors encountered in non-U.S. business settings and with issues involved in establishing and maintaining profitable business activities outside the U.S. Topics include: determining market attractiveness, assessing host country controls, currency exchange risk, political risks, incentives, and strategies for managing international operations.

Choose One of the Following Courses

HISN 334 - Topics in Modern European History (3 credits)

Selected topics from the Revolutions of 1848 to the present, such as nationalism as a force leading to Word War I, the outbreak of World War II and its results, the Cold War, and the most recent global conflicts.

HISN 363 - Topics in Third World History (3 credits)

Selected issues in the history of Asia and Africa, with emphasis placed on the struggle for independence from World War II until the present.

POLN 103 - International Relations (3 credits)

How nations and transnational actors interact in the international arena and why they behave the way they do with reference to power, balance of power, deterrence, imperialism, diplomacy and negotiations, international law, international organization, collective security, war, and the interrelationship between international economic issues and international politics.

POLN 222 - International Law (3 credits)

A case study approach to the nature, role, and function of international law. Special attention is given to the origins and sources of international law and to its role in the contemporary international relations.

Two Electives (6 credits)

EBFN 338 - International Financial Markets (3 credits)

An integrated capstone course focusing on application of case studies to the nature, functions and activities of actual businesses, analyzing objectives, policies, and performance in relation to the outside environment. Emphasis is placed on ethical aspects of decisionmaking. Case studies are used to develop analytical skills. Knowledge and techniques developed in earlier courses are applied in this course. Prerequisite: Senior standing.

EBFN 420 - International Commodity Trading (3 credits)

course description needed

EBKN 340 - International Marketing Management (3 credits)

Designed to develop a systematic approach for analyzing trends shaping the global marketplace. Physical, cultural, socio-demographic, legal/political, and technological factors, among others, are explored. Emphasis is placed on development and implementation of optimal marketing programs to capitalize on emerging market opportunities as well as the avoidance of the pitfalls inherent in cross-national marketing activities. Prerequisite: EBKN 101.

EBMN 310 - Multinational Business Management (3 credits)

Detailed examination of the economic, cultural, political, and legal environment of multinational business, beginning with a historical review of the growth of international business and the development of institutions such as the IMF, World Bank, and the WTO. Particular emphasis is placed on the role of the European Union and emerging markets. The strategy and structure, and the financial environment, of international business and the mechanisms through which international capital markets operate are discussed. The final phase of the course deals with international business functions, including international marketing, human resources, accounting, and finance. Prerequisites: EBMN 101 and EBKN 101.

EBAN 351 - International Accounting (3 credits)

An integrated capstone course focusing on application of case studies to the nature, functions and activities of actual businesses, analyzing objectives, policies, and performance in relation to the outside environment. Emphasis is placed on ethical aspects of decisionmaking. Case studies are used to develop analytical skills. Knowledge and techniques developed in earlier courses are applied in this course. Prerequisite: Senior standing.

EBEN 311- Comparative Economic Systems (3 credits)

An analysis of economic systems through formulation of economic models, and an analysis of actual economic societies including comparison of capitalism and socialism. Prerequisite: EBEN 101 and 102.

Comments

  • This minor is meant for Business majors. Other students can take the minor, but will need to take several prerequisite courses.
  • All/most of these courses require prerequisites. Students should verify that prerequisites have been fulfilled.
  • Courses for the minor (except for Principles of Finance) may NOT be double counted or used to satisfy other college or major requirements.
  • At least four of the six courses for the minor must be taken at Touro University.