MSc Global Business (Multiple Locations) MSc

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About the course

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Course and module structure

The MSc Global Business is due to be revised at a Periodic Review event in early 2016.  We anticipate enhancements made to the programme as a result of this.  Therefore our website will be updated within 28 days of the successful completion of the Periodic Review, in order to provide applicants with further, confirmed details on the following:

  • Module titles
  • Whether modules are core or optional
  • Expected contact hours
  • How the programme will be assessed”

Please note that fees for International applicants will be outlined in their offer email.

This one year programme spans three trimesters:

In the first trimester (October to January) you will study five subjects either at Hertfordshire or at one of the partner institutions (click here to view table):

  • Global Strategic Analysis
  • International Finance
  • International Human Resource Management
  • Global Marketing Strategies
  • and International Law

In the second trimester (February to May), if you have taken the first trimester at Hertfordshire, you can choose a partner institution to undertake your second trimester and specialise in (click here to view table):

  • International Logistics and Supply Chain Management (Bremen, Germany)
  • Transitional Economies & Emerging Markets (Moscow, Russia)
  • International Business Development & Consulting (Paris, France)
  • International Finance and Investments (Wilmington, USA)
  • International Marketing (Valencia, Spain)

If you have studied at a partner institution in the first trimester you can take the second trimester at Hertfordshire where the specialisation is in Human Resource Management.

You will complete your studies with a dissertation in the third trimester (June to September), taken normally at the institution in which you followed the specialisation.

Note: The degree will be taught wholly in English at all of the IBSA partners.

The International Human Resource Management specialism

The International Human Resource Management specialism is in the second trimester and consists of four modules:

  • Organisational Behaviour, Theory and Practice
  • Comparative Employment Relations
  • Cross Cultural Management
  • Strategic Human Resource Management

Module aims

Organisational Behaviour Theory and Practice

The aims of the module are to:

  • study a range of theoretical perspectives on organisations
  • consider the organisational context of behaviour with reference to both the main and alternative perspectives
  • consider the roles of the actors both within and outside the organisation
  • consider the role of relationships between the actors within the organisational context

Comparative Employment Relations

The module aims to enable students to critically explore employment relations from an international perspective, analysing the complex employment relations policies, strategies and practices that organisations pursue in the context of globalisation.

Managing Across Cultures

The module enables students to:

  • comprehend global and national contexts for the conduct of international business
  • gain insight into the strategies of multinational corporations
  • formulate policies and practices for the management of people across international boundaries and in multinational corporations

Strategic Human Resource Management

The aims of this module are to:

  • advance their understanding of the changing context of management
  • develop a range of intellectual, social and practical skills required to undertake managerial work in this context 

You will also get the opportunity to attend a number of HR talks and research seminars given by a variety of speakers.

Input is also given on research methodology and the dissertation/thesis requirements are introduced.

A dissertation/thesis on an HR-related topic is undertaken in the third trimester.

Aims of the programme

The programme aims to develop the distinctive competences required for you to operate as managers in a global business environment.

These competences include a sound knowledge of finance, marketing and human resource management. In addition a range of communication, IT and problem-solving skills are also developed.

It is equally important, however, that you should develop the cultural sensitivities that will enable you to operate in different countries and in multicultural and multinational environments.

It is intrinsic to the philosophy of the programme that such sensitivities can only be fully acquired and developed through the experience of living and working in cultural settings other than that of your country of origin, hence the insistence on this programme that half of the study should be in an overseas partner institution. In addition, consideration of cross-cultural issues and different ethical viewpoints are built into the programme.

At the end of the programme you will be a different person; more mature and better able to cope with stress and change, more sensitive towards cultural differences, more capable of operating in a fast moving, multinational environment. You will have a unique combination of skills that employers will value.

In addition, you will have a network of contacts across the world, some of whom will become your close friends, a few of whom may even be your future business partners.

Why choose this course?

This one year programme offers you the opportunity to gain two Master's degrees within the international business field, validated by two universities - the University of Hertfordshire in the UK and one of our partners in the International Business School Alliance (IBSA) in Europe or the USA.

You will develop the business skills and cultural awareness required for success as a manager in a multinational environment, and have the opportunity to build a global network of business contacts.

When applying to study at the University of Hertfordshire, please specify which one of the following specialisms you wish to study in your personal statement. If you are undecided, you may inform us during your induction in September. However, as the number of places on each specialism is limited, delaying your decision may mean that we will be unable to offer you your first choice.

  • Hochschule Bremen, Germany: International Logistics and Supply Chain Management (MBA)
  • Institute of Business Studies, Moscow, Russia: Transitional Economies & Emerging Markets (MSc)
  • Novancia Business School Paris, France: International Business Development & Consulting (MSc)
  • University of North Carolina Wilmington, USA: International Finance and Investments (MBA)
  • University of Valencia, Spain: International Marketing (International MBA)

Entry requirements...

A good honours degree (2.2) in a business or related discipline. Demonstrated English proficiency at an IELTS score of 6.5 or equivalent.

All students from non-majority English speaking countries require proof of English language proficiency. The following qualifications and grades will be considered:
- GCSE English language grade A-C
- IELTS 6.5 (with no less than 5.5 in any band)
Other English language tests are accepted. Please contact the International Office for details.

If you do not have the required level of English for entry, our academic English courses can help you to achieve this level.

In order to participate actively and effectively in the IBSA Program, students must have a sound basis of knowledge in business and economics at the undergraduate level. They must therefore hold at least a second lower class degree relevant (or cognate) to business management (e.g., bachelor’s degrees in business, economics, accounting, finance or management). If they have another bachelor’s degree, it is necessary to give proof of participation in several business classes and/or provide proof of additional relevant skills or professional experience.

Teaching methods

We offer a variety of teaching methods that include traditional lectures, facilitated seminars, practical workshops, web-based learning and case studies. We also deliver sessions with visiting academics, practitioners and consultants to give a varied perspective of the topics covered, as well as a number of external visits.

You will be assessed through examinations, coursework, presentations, reports and research projects

Structure

Year 1

Core Modules

  • Dissertation: International Business

  • Global Marketing Strategies

    Students will investigate how marketing practice needs to adapt to take account of different international macro and micro environments and in particular cross cultural issues. The marketing function and activities will be addressed to investigate how these may need adaptation to best suit their different trading environments. Not only will the marketing function be addressed but also the management and control across different cultures. The learning outcomes will be achieved through student investigation, research and case study analysis.

  • Global Strategic Analysis

  • International Business Law

    This module will consider the law relating to international business organisations, transactions and agreements. The module will explore the nature of such agreements in domestic and international law. It will consider topics such as formation of international agreements, the rules applying to the sale of goods and consider issues such as domicile and choice of law. The module will continue to explore what happens when an agreement stalls (perhaps through frustration, non-delivery or breach) and the potential remedies that are available for the parties, such as litigation and alternative dispute resolution.

  • International Finance

    The initial focus of the module is on interpreting the financial statements of multinational firms. Participants will develop the skills to analyse financial statements, diagnose problems, and recommend a range of potential business solutions. We then go on to consider alternative techniques for evaluating major investment projects in an international context and explore how the additional risks associated with such investments might be managed. Students are also introduced to the issues of managing working capital in global businesses. Students then learn how the firm’s foreign exchange risk arises and how it can be managed using various foreign exchange hedging techniques. This is preceded by the study of exchange rates based on the theoretical foundation of the international exchange rate parity conditions.

  • International HRM in the Global Environment

    The aims of this module are to enable students to critically explore the management of people from an international perspective, analysing the complex HRM and employment relations policies, strategies and practices that organisations pursue in the context of globalisation. The module explores the functional and strategic requirements of HRM in the international organisation and how international issues of workforce mobility and other economic, technological, political, cultural, environmental and social pressures impact on HRM and employment relations. The module explores the theory and evidence for convergence and globalisation in HRM practices, and critically assesses the methodological issues behind such comparative international research.

  • Strategic Human Resource Management A

    This module aims to provide students with a critical understanding of the key issues and debates in Strategic Human Resource management and an appreciation of the importance of managing people strategically. Different approaches to strategy and strategy making are introduced and the HR implications considered. The history and origins of Strategic HRM are explored as well as the forces shaping SHRM at work. The main theoretical models are considered as well as their application in practice, and the contribution of SHRM to organisational performance evaluated. Key themes, emergent issues and tensions are reviewed. Managing people strategically is considered in relation to employee resourcing, performance and reward, development and relations.

Optional

  • International Business Law

    This module will consider the law relating to international business organisations, transactions and agreements. The module will explore the nature of such agreements in domestic and international law. It will consider topics such as formation of international agreements, the rules applying to the sale of goods and consider issues such as domicile and choice of law. The module will continue to explore what happens when an agreement stalls (perhaps through frustration, non-delivery or breach) and the potential remedies that are available for the parties, such as litigation and alternative dispute resolution.

  • Leadership and Management Development A

    This module explores how leadership & management development can contribute to organisational effectiveness and the drive for high performance. We will explore the key stakeholders and other factors that can affect successful implementation of leadership & management development progress. Students analyse and interpret how success can be measured, including assessment of a range of measures of success including staff satisfaction, customer satisfaction and profitability; and the links between these factors. We will analyse how organisational change affects the roles and development needs of managers; and critically evaluate how leadership & management development can be integrated with other management approaches to contribute to the successful implementation of organisational change programmes.

  • Managing Across Cultures

    This module is designed to provide an in-depth and theoretically informed consideration of the complexities of managing across cultures within the context of people management practices. The module explores the link between national, regional, industry and organisational cultures. It draw s upon cultural theorists in order to explore cultural dimensions related to time, space and change; cross-cultural communication; co-operation in multicultural teams. It allow s for an exploration and understanding of how cultural differences are, and can be, addressed by individuals involved in managing across cultures. The module also enables students to develop a range of skills to perform effectively in a cross-cultural team setting.

  • Remuneration Strategy and Practice A

    This module aims to provide students with the know ledge and understanding of how relevant remuneration policies and practices are planned, implemented and evaluated to support strategic organisational goals, and of the environments which impact on these goals and strategies. Critical understanding is developed to enable students to reflect on the strength and limitations of different approaches to remuneration and the effect on individual and organisational performance. Fairness and flexibility issues are also encompassed. The module considers the influences on pay and benefits management in the private, public and third sectors as w ell as the specific challenges involved in international and executive pay arrangements.

Fees & funding

Fees 2016

Fees stated below are for the 2016/17 academic year.

MSc Global Business (Dual award one semester at UH) * £5380

MSc Global Business (Dual award two semester at UH)* £6570

*This course is taught at a number of partner institutions around the world. Please see the course page for full details.

Students pay 45% of the fee to the home institution for semester 1 and 55% of the fee to the host institution for semesters 2 & 3. Please note as partner institutions fee payments will be payable in different currencies (i.e. in euros in dollars) the exact amount will vary depending on exchange rates. Fees will therefore vary depending on the institution and study pathway you choose and will be detailed in your offer.

Students on this course are not eligible for the £500 full payment discount

View detailed information about tuition fees

Other financial support

Find out more about other financial support available to UK and EU students

Living costs / accommodation

The University of Hertfordshire offers a great choice of student accommodation, on campus or nearby in the local area, to suit every student budget.

View detailed information about our accommodation

How to apply

2016

Start DateEnd DateLink
23/09/201629/09/2017Apply online (Full Time)
28/09/201623/09/2017Apply online (Full Time)
28/09/201623/09/2017Apply online (Full Time)
28/09/201623/09/2017Apply online (Full Time)
28/09/201623/09/2017Apply online (Full Time)

2017

Start DateEnd DateLink
23/09/201729/09/2018Apply online (Full Time)
28/09/201723/09/2018Apply online (Full Time)
28/09/201723/09/2018Apply online (Full Time)
28/09/201723/09/2018Apply online (Full Time)
28/09/201723/09/2018Apply online (Full Time)