Module Information

Module Identifier
Module Title
Academic Year
Semester 2
ECM4110 or

Course Delivery

Delivery Type Delivery length / details
Seminars / Tutorials 5 x 1 hour
Lecture 18 x 1 hour


Assessment Type Assessment length / details Proportion
Semester Assessment Individual Report  30%
Semester Exam 2 Hours   70%
Supplementary Exam 2 Hours   resit exam or resubmit failed element(s)  100%

Learning Outcomes

On successful completion of this module students should be able to:

  • have and understand a specific body of knowledge;
  • be able to analyse and think critically;
  • interpret statistics;
  • present material both orally and in written form;
  • manage their time;
  • carry out independent tasks;
  • work in groups.


To provide students with both subject specific and transferable skills. It also seeks to enable students to assess the global environment and analyse international markets and industries. More specifically it will focus on the problems involved in going international; the entry modes; financial management aspects as well as risk management by assessing and evaluating the risks involved when transacting business across the national boundaries.

Brief description

The intention of this module is to equip students with a thorough understanding of the main opportunities and risks that firms face when making decisions to operate internationally. Specific issues covered include the mode of internationalisation, ie, direct and indirect exporting, multinationality, joint ventures, mergers and acquisitions, payment and exchange rate risks, risk assessment and arbitration procedures.


The process of internationalisation
The role of trading houses
Multinationality and location
Joint ventures, mergers and acquisitions
Payments systems and methods
Dispute resolution
Financial risks and risk transfer

Transferable skills

More specifically by taking this module students will enhance several transferable skills. Attendance at lectures should help note taking and inculcate critical thinking. Essay writing will enhance writing as well as time management skills and problem solving. Classroom participation and presentations will enhance teamwork, communication and presentational skills and reinforce further time management skills. The inclusion of web sites and encouragement to use the library fully should help to enhance basic IT and research skills.

Reading List

General Text
Rugman, Alan M (Jan. 2006) Rugman:International Business_P4 Pearson Education, Limited Primo search Stonehouse, G, Campbell, D., Hamill, J and Purdie, T. (c2004.) Global and transnational business :strategy and management /George Stonehouse ... [et al.]. Wiley Primo search Wall, Stuart (2004.) International business /Stuart Wall, Bronwen Rees. Financial Times/Prentice Hall Primo search
Essential Reading
Hill, C. W. L. International Business 6th Edition Irwin McGraw-Hill Primo search
Recommended Text
Ball, D. A, McCulloch, W. H, Frantz, P. L, Geringer, M and Minor, M. S. (2004) International Business: The Challenge of Global Competition 5th Edition Irwin McGraw-Hill Primo search Bodie, Z and Merton, R (2000) Finance 1st Edition Prentice Hall Primo search Kerr, W. A. and Perdikis, N. (2003) The Economics of International Business Chapman and Hall Primo search


This module is at CQFW Level 7