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Globalization means that our world is getting smaller. New and emerging markets mean new opportunities for businesses of all sizes. Understanding the fundamentals and realities of international business gives you a significant advantage over competitors in a global market. But in order to do this, special skills and knowledge are required.
The Diploma in International Business Management provides the skills and knowledge and prepares graduates for a career in international business with a comprehensive work term opportunity. During the work term, students will put the skills and knowledge they’ve acquired in the classroom to the test in a fast-paced, real-world environment. It allows them to gain a deeper understanding of the demands of a career in international business management as well as valuable experience that adds considerably to a resume.
The program is structured around nine courses ranging from 30 to 60 hours of classroom time per course, and it is offered through in-class and online formats. Upon successful completion of coursework students are expected to find and secure a work term placement.
Accredited Partnership with FITT
This program is accredited by Forum for International Trade Training (FITT). Graduated students can apply to transfer their credits directly to FITT and complete the required assessment(s) in order to receive FITT Diploma in International Trade.
Applicants must be:
- High school graduates or 19 years or older at the start of the applicant’s program or course; and
- Proficient in English (please see policy 1002).
For more details, please see related Admissions Policy.
This program is offered both in-class and online.
- In-class: delivered from our Vancouver and Abbotsford campuses.
- Online: uses Adobe Connect and Google Apps to deliver interactive learning through live webinar sessions.
1020 hours (510 hours of instructional time, plus 400 hours work term, with an additional 110 hours for the work term report submission and evaluation).
- In-class: 20 hours of instruction per week, 4 hours per day.
- Online: 20 hours of instruction per week, 4 hours per day (2 synchronous and 2 asynchronous).
June 26, 2017 – March 16, 2018
Start dates coming soon. Please contact us to be added to the wait list.
DIB 01: International Business (60 hours)
This course is an introduction to international business with special emphasis on the environmental and cultural issues facing global organizations. The focus is on contemporary business situations, critical events, and class discussions, with special impact on technology. Topics include: foreign exchange market, global marketing and supply chain management, global management and political and legal influences of international business. By the end of this course, students will be able to understand globalization, trade and investments; possess an increased awareness of the finance of global operations; and understand how to analyze the future global business environment.
DIB 02: International Sales (30 hours)
This course provides comprehensive coverage of consultative selling, strategic selling, relationship selling, partnering, value-added selling, and sales force automation developing a presentation strategy and management of self and others. These are the major developments that have transformed selling from “peddling” to a new level of professionalism that has dramatically changed the way products and services are sold around the world. This course teaches students to build upon past improvements in selling and adjust to the changes that have accompanied the age of information. Students investigate, discuss, and report their findings to the class. They develop a written report of the personal selling implications inherent in the ongoing operation of a business. Each student delivers an oral presentation of this plan.
DIB 03: International Trade Finance (60 hours)
This course looks at the role that finance and financing play in international trade and the skill sets required by people managing the financial aspects of international trade. This course addresses financial methods and tools used to conduct international business transactions successfully. Risks such as commercial and country are discussed as are risk-mitigating techniques, their use, and legal implications. Learners will acquire a broad overview of the nature and scope of trade finance, in particular, the ‘Four Pillars’ of trade finance, i.e., payment facilitation, risk management, financing, and provision of information related to a transaction.
DIB 04: Global Supply Chain Management (60 hours)
To compete successfully in the global marketplace companies are increasingly applying new logistics management techniques to their international distribution functions. The focus of this course, therefore, is to provide insight into global supply chain activities including production and inventory management processes, and regulatory and security requirements. Participants will discover the significant role of logistics in providing traders with a competitive advantage.
DIB 05: International Trade Law (60 hours)
This course reviews the basic legal principles applicable to any business person or corporation doing business. Also included is a review of the Canadian legal system, legal structures through which business is conducted in Canada and Canadian laws of contract, intellectual property, product liability and sale of goods. We discuss international business such as the resolution of international disputes, the choice of the proper law of contract, legal aspects of carriage of goods, payment and finance, as well as export controls.
DIB 06: International Market Entry Strategies (60 hours)
This course focuses on the evaluation of market entry strategies and ways of selecting the ones most appropriate to the proposed venture(s). While examining entry strategies, students develop a better understanding of the roles that investment and partnering play in facilitating international trade. The learner will be able to assess barriers to market entry, differentiate between market entry strategies, recommend potential international partners through consultations and analysis of strengths and weaknesses, and negotiate partnership agreements.
DIB 07: International Marketing (60 hours)
The course is designed to provide students with an opportunity to synthesize and apply existing marketing knowledge. This course is designed to provide students with an understanding of the broad differences between domestic and international marketing. This course examines the impact of economic, cultural, political, legal and other environmental influences on international marketing. Within this context, we will discuss how to identify and analyze worldwide marketing opportunities, and examine product, pricing, distribution and promotion strategies. The course deals with all aspects of marketing from an international perspective. A high level of class participation is expected to ensure maximum learning and sharing of experience.
DIB 08: International Trade Research (60 hours)
During this course students will learn the essential characteristics of international market research. Students will understand the importance of international market research for the success of an exporting venture and the techniques used to implement it. Students will be exposed to methods for analyzing and presenting researched data and will be taught how to identify and evaluate international trade opportunities. The objective of the course is to prepare an international trade research paper that demonstrates the ability to plan the research process, collect and interpret data.
DIB 09: International Business Management (60 hours)
This course ensures comprehension of the scope and integration of international trade practices. This course will prepare the learner with the ability to develop an international business plan. Students will discuss factors that ensure profitable entry into the import and export business and how corporate resources can be mobilized to capture qualified international business opportunities.
DIB 10: Work Term and Work Term Report (400 + 110 hours)
The work term integrates study with planned and supervised career-related work experience. It constitutes the one phase of the academic training, and a mandatory activity to obtain the diploma. Students are involved as unpaid “authentic employees” receiving academic credit for work experiences.
The purpose of the work term is to develop and strengthen the student’s educational and career preparation, offering the student the opportunity to apply their knowledge. Students will be expected to submit a work term report as a summary of their learning experiences in the program work term. Students will have minimum 100 hours to prepare and submit the work term report. These hours might include interviews with the Student Services Coordinator.
All students should have regular access to a computer or a digital device to access all class materials. In-class students are expected to bring a laptop or digital device with them to all classes.
Tuition fees for this program are due and payable at least 30 days prior to the cohort start date.
Application and tuition fees for this program are as follows:
- Application fee: $150 (Domestic Students) or $200 (International Students)
- Tuition fee (Domestic): $8,000
- Tuition fee (International): $9,100
Note: Tuition fees do not include the cost of the required textbooks.