OPEN HOUSE 2020 HD2: INTERNATIONAL BUSINESS Åbent Hus 2020 29-04-2020 Slide HD-Uddannelserne 1
AGENDA • An introduction to the HD2 IB structure Evis Sinani, Program Coordinator, Dept. International Economics, Government and Business • The teaching and learning tools to face-to-face education Niels Mygind, Professor, Dept. International Economics, Government and Business • Information on HDIB Andrea Blaabjerg-Mølbæk HD2 IB Study Administrator • Student experience with studying at HD2 IB Jesper Skibsted Birkedal Als, Head of Market Access and Legal Counsel Danske Commodities • Q & A Åbent Hus 2020 29-04-2020 Slide HD-Uddannelserne 2
GOAL OF THE HD2: INTERNATIONAL BUSINESS Globalization has created opportunities for companies to conduct business worldwide. Today’s politics and culture influence their business activities and strategy more than ever . Thus, this program is for those who want to learn: • how companies do business in a complex environment • how to manage challenges and opportunities companies face when implementing their strategies in an ever-changing global economy • how to manage risk exposure when operating in multiple markets. 29-04-2019 Åbent Hus 2019 HD 2. International Business Slide 3
ANALYTICAL SKILLS • Perform market analysis on the economic, political, and cultural conditions relevant to business environment. • Formulate and implement business strategies for both global and local operations. • Assess and formulate internationalization strategies for companies. • Evaluate the risks exposure associated with activities in multiple markets. Along the way you will be putting these skills into practice with deep and rich case studies with experienced instructors. Åbent Hus 2019 HD 2. International Business 29-04-2019 Slide 4
STRUCTURE OF HD2: INTERNATIONAL BUSINESS 1 st Semester 2 nd Semester 3 rd semester 4 th semester Business in a Global Context (10 Strategy Implementation (10 Electives (15 Thesis (15 ECTS) ECTS) ECTS) ECTS) Strategy and Decision Making (5 Risks Management (5 ECTS): ECTS) Åbent Hus 2020 29-04-2020 Slide HD-Uddannelserne 5
1 st Semester 2nd Semester Business in a Global Context (10 ECTS) Strategy Implementation (10 ECTS) Learn about the key political, institutional, and Learn about challenges in executing strategy and economic features of the different contexts in approaches to resolving these challenges. Thus, topics which firms operate and how the company may on aligning strategy with organizational structure and respond to the opportunities and challenges of culture, the role of leadership in implementation and the international environment. international aspects of strategy execution. Strategy and Decision Making (5 ECTS) Risk Management (5 ECTS) Learn the relevant strategic decisions that Learn the tools and frameworks to understand, modern firms need to ponder, with special identify and manage risk with a view towards improving a firm’s risk position and ways to adapt an emphasis on recent trends in industrial and organization to deal with risk. strategic dynamics as they relate to digitization of firm processes and digital transformation at the sector and market level. Åbent Hus 2020 29-04-2020 Slide HD-Uddannelserne 6
3 rd semester 4 th semester Electives (15 ECTS) Final Thesis (15 ECTS) You will choose two to three electives. You are free to chose to write it in either Danish or English The HD2-IB program will offer a few electives within the IB area that The purpose of the final thesis project is to apply the knowledge, skills and competences acquired in the complement the fundamental knowledge program to a specific problem. of the HD2 IB program. Typically, the final project relates to matters relating to a specific company, planning and managing its international activities Åbent Hus 2020 29-04-2020 Slide HD-Uddannelserne 7
PROGRAM FLEXIBILITY Education flexibility Teaching in the evenings You can take the HD2IB as- f2f -fully Twice per week • • Combine- f2f - with online courses • You can take the Online program • Length of Education Course Engagement Fast track: 1 year Work individually • • Normal time: 2 years Work in groups • • Extensions are also possible Blended Learning f.eks. Video recordings • • etc.. Åbent Hus 2020 29-04-2020 Slide HD-Uddannelserne 8
FORMAT FOR TEACHING – BUSINESS IN A GLOBAL CONTEXT • Teaching and literature in English – Exam: English or Danish • Teaching mainly based on lectures , questions & comments, cases and team presentations, discussions with fellow students. • Blended learning with online: quizzes, videos, recordings of online-sessions • Literature available on the web, CBS Library, some on Canvas • Obligatory : Peng & Meyer: International Business, 3rd edition, 2019, Cengage + papers by Mygind on PIE and growth • Supplementary literature and video-links on Canvas • Teams recommended : for discussing literature, slides, presentations, exam preparation (but individual exam answers) Åbent Hus 2020 29-04-2020 Slide HD-Uddannelserne 9
COURSE OVERVIEW (1) 1. Drivers and trends of Globalization 2. PIE-model and indicators for Politics, Institutions, Economy 3. Informal institutions – culture 4. Trade theories and trade policies 5. FDI – Foreign Direct Investments 6. Growth and the developments on different types of markets 7. The International Monetary System 8. EU and US – the financial crisis, Euro crisis, Corona-crisis Åbent Hus 2020 29-04-2020 Slide HD-Uddannelserne 10
COURSE OVERVIEW (2) Emerging Markets – Brazil, Russia, India, China compared 9. 10. Global integration and new global economic order 11. Starting International Business 12. Foreign entry strategies 13. Dynamics in international competition 14. Global strategies and acquisitions 15. Outlook for the world economy 16. Rounding - summary, exam questions, course evaluation Åbent Hus 2020 29-04-2020 Slide HD-Uddannelserne 11
EXAM FORMAT • 48 hours individual home assignment, max 10 pages • Broad theme involving use of theories/models from the course, collecting updated information, structuring, analyzing. Example: Company x wants to establish an assembling unit for servicing the market in a specific region, among 3 countries, of your choice assess the developments in Politics, Institutions and the Economy within a 5 years time frame . Which country will you recommend for the company? Which elements should the company especially monitor further before making the final decision? Åbent Hus 2020 29-04-2020 Slide HD-Uddannelserne 12
Corona crisis V or U recovery? 2020 Åbent Hus 2020 29-04-2020 Slide HD-Uddannelserne 13
GLOBA- Politics conflicts/alliances Institutions formal rules US-China tensions on top of LIZA- Political institutions : trade war (temp. deal in January) Quite weak international TION EU is testing crisis-cooperation, but organizations, tendency from health not included in common pol. multilateral to bilateral/regional. PIE: Countries – distribution Corona => WHO stronger profile, fast changing distribution of power CORONA- but US withdraws support China challenges US hegemony CRISIS Economic institutions : 2020 Most countries are closing borders, Economy international flows national support programs => Most economies partly closed down increasing role for governments, => falling production, unemployment increasing national debts, fall of international flows of people, Limited international cooperation trade, FDI, espec. tourism, aviation Informal institutions ( culture ) Resources (stocks) nationalism and religious Overcapacity of airplanes, hotels… conflicts on the rise global transportation infrastructure Åbent Hus 2020 29-04-2020 Slide HD-Uddannelserne 14
FACTS ABOUT HD2:INTERNATIONAL BUSINESS • Program language: English • Price: 16.500 Dkr. per semester • Registration Deadline: 17. June 2020 • Semester start: Week 35 Åbent Hus 2020 29-04-2020 Slide HD-Uddannelserne 15
PRACTICAL INFORMATION, DEADLINES, AND CONTACTS • Read more: www.cbs.dk/hd • For more on HD2IB: https://hd.cbs.dk/uddannelser/hd2-international-business/ • Registration Deadline: www.cbs.dk/hdtilmelding • Questions on registration: 3815 5702 / hdtilmelding@cbs.dk • Study guidance: hdstudievejledning@cbs.dk • Study Administration: 3815 5618 / hdib@cbs.dk Åbent Hus 2020 29-04-2020 Slide HD-Uddannelserne 16
THANK YOU FOR YOUR INTEREST! ANY QUESTIONS? Åbent Hus 2020 29-04-2020 Slide HD-Uddannelserne 17
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