As globalization and continually developing information technologies lessen distances and create new markets for business of all sizes, specific skills and knowledge is required to take advantage of these markets.
Having an understanding of the often complex realities of international business is a critical advantage for individuals and gives them a distinct edge over competitors. The Diploma in International Business provides students with the skills, knowledge and training to overcome cultural barriers, build lasting strategic alliances and perform effective evaluation of market products and international services.
Each course addresses essential topics within the context of global business. The curriculum ranges from macro issues involving the global economy to pragmatic topics such as the trade and transport of global commodities. The program is currently offered through an in-class format through our Vancouver campus.
The Diploma in International Business utilizes a collaborative learning environment and peer-to-peer learning techniques. Students will work towards the ultimate program goal of product development in the international environment.
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 1033).
October 17, 2016 – May 3, 2017
January 3, 2017 – June 30, 2017
Program Formats and Duration
This program is offered both in-class and online. The in-class format is delivered from our Vancouver campus. Instructional time is a total of 20 hours per week, 4 hours per day. The online format uses Adobe Connect and Google Apps to deliver interactive learning through live webinar sessions.
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 businessperson 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 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.
Tuition fees for this program are due and payable at least 30 days prior to the cohort start date. Students with guaranteed funding arrangements will be exempt from this requirement provided that they produce documentary proof at least 30 days prior to the cohort start date.
This program is eligible for Canada Student Loans, other forms of government funding, and bank financing. However students are responsible for making their own funding arrangements and are advised to contact the relevant funder well in advance of the start date to make an application.
Application and tuition fees for this program are as follows:
- Application fee: $150 (Domestic Students) or $200 (International Students)
- Tuition fee (Domestic): $6,300
- Tuition fee (International): $7,400
More information regarding application and tuition fees can be found on our fees webpage:
Note: Tuition fees do not include the cost of the required textbooks.