Master of International Business
Master of International Business
Master of International Business Program
Make our international business focus your competitive edge
Still accepting applications for Fall (August 2012) start term
Students and their future employers appreciate the value of a Master of International Business (MIB) degree from the top-ranked Chapman Graduate School of Business at Florida International University in Miami, Florida. This specialized program, with both full- and part-time options, focuses on the essential knowledge, skills, and management techniques required to conduct business in an international marketplace.
Our Master of International Business program exposes you to key issues in international business management, provides insight into relevant social, political, legal, and macroeconomic conditions affecting international business, and gives you the ability to further develop your communication skills amidst a multicultural environment.
Since our students are a select group of people with significant business backgrounds already and hail from around the globe, your learning experience is designed to include an in-depth perspective on international business practices and opportunities in the world marketplace.
Curriculum
As an elite graduate program in international business, our Master of International Business delivers a curriculum that builds upon our students’ prior business education and experiences to develop specific competency in international business management. All courses are taught from a global business perspective.
The program consists of a suite of courses that may be taken in any sequence. The exceptions are the introductory seminar that is required of all students upon entry and the International Business Environment course which has to be taken before International Business Policy. The Master’s Project in International Business needs to be taken during your last semester.
Two workshops are required of all incoming students; one inAccountingBoth of these are taught over a period of 12-16 contact hours as needed on Saturdays during the first month of classes.and one in
Data Analysis.
Core courses
The International Business Environment
Consumer Analysis in Emerging Markets
International Accounting
Global Financial Strategies
Managing Global Production and Technology
International Marketing
International Business Law
International Business Policy
Master's Project in International Business
Elective Course(2 of them)
Elective offering varies depending on the semester, the following are some options:
- International Entrepreneurship: Introduction to entrepreneurship in international contexts and its role in economic development.
- International Human Resource Management: This course takes a strategic approach to international HRM, focusing on the role of HR as a strategic driver for the organization.
- Special Topics in International Business (as an option, it can be at a partner institution abroad) or other graduate course with international business content.
- Internship: Allows graduate students to work in jobs significantly related to their major area of study and career goals. This is supervised work with carefully designed and monitored work assignments. Specific placement must be approved by the faculty advisor prior to enrollment. Work performed on the current job cannot be used for internship credit.
- Please note that a Language course is not eligible to count towards an elective or overall program course credits.
Seminar Course
A three-credit seminar course is required to complete the program. It is typically offered during the first semester and is required of all incoming students. To satisfy this requirement students must comply with attendance and course assignments. This is a three-part series seminar which includes the following topics:
- Introduction to International Business: You will gain a broad perspective of what it means to do business in today’s global economy.
- Current Events Seminar: Explore an array of current issues that affect international business through discussions with experts and invited speakers, including senior executives from global companies.
- International Entrepreneurship: Explore the realm of new venture initiation and be challenged to think in entrepreneurial terms by presenting a new international business idea.
Highlights
As a student in one of best international business schools in the world, you will develop, in our Master of International Business program, an understanding of international trade and investment, global financial strategies, international marketing, and the fundamentals of international business. You’ll learn how to approach doing business across borders and become knowledgeable about important considerations for success in multicultural environments.
As your expertise in international business grows, you will be given a unique opportunity to work directly with a company to help further its international business interests. The Master’s Project in International Business is an extraordinary practical learning experience designed to help you integrate and demonstrate what you’ve learned in class at an actual firm.
Our Master of International Business further expands your understanding of the realities of doing business internationally through your participation in seminars, conferences, and a pivotal business consulting experience. Along with a comprehensive, graduate-level understanding of international business and all its global aspects, the program enhances your leadership, interpersonal, and communication skills.
Unique Features
The Master of International Business is a strategically-focused international management program that you can complete in as little as one year. This innovative degree program has many outstanding features, including:
- the reputation for quality of the Chapman Graduate School of Business, ranked #23 for graduate international business programs by U.S. News & World Report(2008).
- the opportunity to integrate your knowledge of international business as a fledgling “consultant” working for a local company as part of the Master’s Project in International Business course.
- the option to participate on a full- or part-time basis.
- the experience of traveling with your professors to a foreign destination to meet with international business executives and to sightsee with your classmates.
- chances to interact with South Florida’s and Miami’s business community, which gives you a chance to develop personal relationships and an invaluable network of contacts for the future.
- courses taught from a global perspective by a faculty which is more than sixty percent international.
- the option to participate in the Dual Degree Program, earning an MBA from one of the fine participating schools overseas along with your Master of International Business degree from the Chapman Graduate School of Business in Miami, Florida.
- important skills training in professional development seminars focused on leadership, team-building, oral presentation and written communication, and career preparation.
Student Learning and Program Outcomes
At the Chapman Graduate School we care very deeply about how well we are accomplishing our mission, how our programs contribute to our overarching goals and how we assure that the institution conforms to specified industry and academic norms. Consequently we are committed to measuring the effectiveness of our programs using a well defined Assurance of Learning process that ensures “accountability and transparency”.
Student Learning Outcomes
In recent times there has been a preponderance of student learning-based models which emphasize that Faculty should model the learning process in consultation with all our stakeholders. Student Learning Outcomes (SLOs) detail what we aim for our students to know, what they can actually do, and what are their vocational attitudes. These are:
- LO1: Students will be able to critically analyze and communicate complex business issues in multinational markets.
- LO2: Students should be able to interpret international financial practices and standards.
- LO3: Students should be able to identify relevant laws governing international business practices.
Program Outcomes
Given our mission, this program has defined the benefits to students as you gain new knowledge, increase your skills, change your values, and modify your behavior through the following program outcomes:
- PO1: Graduating students are satisfied with program value and potential for career advancement.
- PO2: The program will admit well qualified students who will successfully complete the program.
- PO3: The curriculum is relevant, coherent, and improves skill development in human resource management.
- PO4: The program will provide quality instruction.
- PO5: The program will provide quality advising, program administration, academic and student support services, and facilities.
- PO6: Maintain sufficient gross revenues to cover all program expenses and be self sustainable.
- PO7: Graduating students will see an increase in salary as a result of obtaining the degree.
Information for International Students
All international student applicants must meet the international student admission requirements of Florida International University as well as the requirements for acceptance into the program. These requirements are described in the university's Office of Admission's web site. These requirements include securing all proper documentation for entering the United States and participating in graduate study at this university. International students also will be required to declare and certify their financing for participation in the program and to fulfill medical insurance requirements.
International student applicants should visit and become familiar with Florida International University's policies governing international students as well as the support services available to them. To learn about these policies and services, please visit the Office of International Students and Scholar Services' web site or contact the office at (305) 348-2421 for the most current information.
Among the topics covered below are the processes and requirements for securing legal international student status, declaring finances, and securing the mandated medical insurance.
Declaration of Finances
The university is required by immigration authorities to check carefully the financial resources of international applicants before admitting them to the MIB program and issuing them the appropriate documents (Form I-20). Therefore, it is important that you be aware of the cost of participating in the program and have the necessary support and funding for your period of enrollment. The total funds available for the entire program must equal the total estimate of institutional costs and living expenses for the duration of the program. Please make sure that you provide us with sufficient proof of funds for at least the amount stated in the Declaration and Certification of Finances form below.
International Student Status
International students must secure F-1 status before the start of the program, unless you are in another non-immigrant status, which permits full-time study.
In order to verify your ability to comply with the financial declarations previously described, the student must complete and return the "Declaration and Certification of Finances" form.
It is critical that this form be completed accurately to avoid unnecessary delays in processing. Once the university has verified that you have met all admission requirements, you have been fully admitted, and your "Declaration and Certification of Finances," has been approved, a "Certificate of Eligibility for Nonimmigrant Students" (Form I-20) will be issued to you.
International students must have a Form I-20 in order to secure F-1 status and participate in the program. International students must secure an F-1 Visa from the U.S. consular post in their home country in order to enter the U.S. as a student on F-1 status. This visa is an entry permit; it cannot be obtained in the United States since F-1 visas can be issued and renewed only at a U.S. consular post abroad.
Medical Insurance
The State of Florida requires that all international students in F or J status maintain health insurance coverage to help defray the costs in case of a catastrophic medical emergency. The policy must provide specific levels of coverage which have been established to ensure that they are adequate for U. S. health care services. International students in the program are required to purchase this insurance through Florida International University or to demonstrate that they have comparable coverage. The cost of this insurance is always subject to change.
Important: The cost of this insurance is not covered by the program’s tuition and fees. For the most current information, students should call the Office of International Students and Scholar Services 305-348-2421 or visit the Office’s site (at http://isss.fiu.edu/).
Schedule
Classes are in the evening, with one course typically offered per day from 6:25 – 9:05 p.m. The classes are held Monday – Friday with the exception of the first seminar course which meets three times (one session is a Saturday and Sunday and the other two are each on a Saturday).
Also, there are two workshops during the first semester of the program: Accounting and Data Analysis. Each of these will meet on a Friday evening and Saturday during the day.
Courses for the program are offered at the Modesto A. Maidique Campus located at 11200 S.W. 8th Street, Miami, Florida 33199
Calendar
Our Master of International Business program provides full-and part-time schedule options. In addition:
- Thirty-six credit-hours of coursework are required to complete the degree.
- The time to completion ranges from twelve to twenty-four months.
Here is a sample full-time schedule (to finish in 12 months):
First Semester
MAN 6930 - Seminar Course
MAN 6606 - The International Business Environment
2 Other Core Courses
Total load: 12 Credits
Second Semester
3 Other Core Courses
1 Elective Course
Total load: 12 Credits
Third Semester
MAN 6679 - Master's Project in International Business
2 Other Core Courses (one of them International Business Policy)
1 Elective Course
Total load: 12 Credits
Here is a sample full-time schedule (to finish in 16 months):
First Semester
MAN 6930 - Seminar Course
MAN 6606 - The International Business Environment
1 Other Core Course
Total load: 9 Credits
Second Semester
3 Other Core Courses
Total load: 9 Credits
Third Semester
2 Other Core Courses
1 Elective Course
Total load: 9 Credits
Fourth Semester
MAN 6679 - Master's Project in International Business
MAN 6635 - International Business Policy
1 Elective Course
Total load: 9 Credits
Here is a sample part-time schedule (to finish in 24 months). Typically, students working and attending school take this option:
First Semester
MAN 6930 - Seminar Course
MAN 6606 - The International Business Environment
Total load: 6 Credits
Second Semester
2 Other Core Courses
Total load: 6 Credits
Third Semester
2 Other Core Courses
Total load: 6 Credits
Fourth Semester
1 Other Core Course
1 Elective Course
Total load: 6 Credits
Fifth Semester
1 Other Core Course
1 Elective Course
Total load: 6 Credits
Sixth Semester
MAN 6679 - Master's Project in International Business
MAN 6635 - International Business Policy
Total load: 6 Credits
The timeframes above are approximate and depend on student progress throughout the program and course offering availability.
Online MIB Program
Consider the Online Master of International Business if you prefer a fully online program. Learn more at mibonline.fiu.edu
Admissions
Application Process and Requirements
For all applicants
- Complete the online application for admission (www.fiu.edu/ugs). Click “Apply online”. On the new page, click on “Masters Programs Application”.
- To begin the online application you will need to click on the icon that reads “Create Account” in the User Login section. After you create the PIN, you will use the PIN to enter the system and complete the online application.
- You may complete the online application and submit it, even without having taken the GMAT, GRE or TOEFL. We prefer that you mail supporting materials (essay, resume, letters of recommendation, etc…) to us rather than uploading them onto the online application.
- Pay a $30 application fee. Most major credit cards are accepted. Checks or money orders are also accepted and should be made payable to Florida International University.
- Send official transcripts from all previously attended universities, in a sealed envelope
- A four year Bachelors Degree in Business Administration or related area (e.g. Marketing, Finance, and International Business) or equivalent degree from an accredited institution as well as a minimum upper division grade point average (GPA) of 3.0 or higher is required.
- The original transcripts must be submitted in an envelope sealed by the degree-granting institution. If you are an alumnus (ae) of FIU, there is no need to have transcripts sent.
- Students whose official transcripts¹ are not in English will be required to have said document translated. If this applies to you please ask your university to provide two original transcripts. The first set of transcripts must remain in the sealed envelope. The second set of transcripts should be sent to an official translator.
- Official proof of degree: a notarized copy of the original diploma is required if the degree is not posted on the official transcripts. Official translation also required if not in English.
- Applicants who already possess a Masters degree from an accredited institution may be eligible for a GMAT waiver provided that the graduate degree GPA is 3.0 or better.
- Have four years of professional work experience OR two years of professional work experience AND earn a score of at least 500 on the GMAT (www.mba.com) or 1000 on the GRE(www.ets.org). Scores are considered official when sent by the testing center directly to our school.
- If you earned your Bachelor Degree in a country whose official language is not English, you must demonstrate English proficiency by taking either the TOEFL or IELTS. Minimum scores for the TOEFL are: 550 paper-based, 213 computer-based and 80 internet-based. Minimum score for the IELTS is 6.5. When requesting the official scores, please refer to the Florida International University Institution code 5206.
- Submit a current resume of professional experience. (Internships and part-time employment may be included). A minimum of two years of experience is required for Master of International Business candidates.
- Submit a statement of purpose: a one-page essay describing your professional goals and reasons for pursuing the Master of International Business degree at Florida International University.
For international students
International students applying for the F-1 student visa will be required to submit financial documentation. Financial documents may be submitted during the application process; however, these must be recent (6 months or less from the program start date). Therefore, make sure when sending these that the dates on these documents are valid for the term you are applying for.
- Request a letter from your bank or the bank of your sponsor (a parent, for example) stating that you or your sponsor have sufficient funds of at least $54,265 for tuition and living expenses. The types of accounts from which these bank letters are accepted are: savings, checking or money market accounts.
- If the bank account and aforementioned letter are in the name of a sponsor, the sponsor will need to submit a signed sponsor letter stating that he or she will fund your education and expenses while you are enrolled in the MIB program. Click here to see a sample sponsor letter.
- Submit a completed and signed Declaration of Finances (DCF) form. Please note that the minimum amount in the DCF must be at least $54,265 for the academic year 2012-2013.
Mailing Address:
Submit all materials to
Master of International Business
Chapman Graduate School of Business
Florida International University
11200 SW 8th Street CBC 200
Miami, FL 33199-0001
¹ student's academic history: an official document showing the educational work of a student in a school or college
Tuition & Scholarships
Tuition
For the academic year 2012-2013, the cost of tuition for a Florida resident is approximately $30,000; $33,600 for non-Florida residents and international students.
Students pay for courses at the beginning of each semester.
Books and semester student fees such as parking, health, athletic, and photo ID are not included in this amount.
All fees are subject to change.
Scholarships & Financial Aid
We recommend that you begin thinking about your financial aid needs and options during the initial admissions process to the Chapman Graduate School of Business.
Contact Us
For more information, please contact Yusimit Martinez at martiney@fiu.edu, or the program office at 305-348-3279.
Master of International Business Brochure
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