The International Business major at Grace College combines international travel with the study of business. Students combine business courses and overseas study to complete the requirements of the major.
Grace College has received specialized accreditation for its business programs, including in International Business, through the International Assembly for Collegiate Business Education (IACBE), located in Olathe, Kansas.
Many International Business majors select the International Business degree as it combines intermediate language study with the business requirements of the major. The additional language study is helpful if the student chooses to complete overseas study requirements in a foreign language. Students have options to complete the overseas requirements using the English language, too, including programs such as the International Business Institute and Australearn. Graduates also have a strong background in business as international business students complete the same general business courses as other business majors.
Examples of courses in this major:
This course examines how the financial accounting model provides a framework for discovering and understanding the information contained in financial statements, including the footnotes to those statements. As part of this process the integrative nature of the financial accounting model is reinforced.
An awareness of the global business environment is essential. This survey course introduces various facets of international business, its application to the domestic concern, and national economy. Areas reviewed include the role and impact of multi-national corporations, cross cultural factors, and global strategies.
The study of the principles of money, banking and credit with emphasis on monetary theory and policy and their role in domestic and international economics.
The course explores international finance n business, including strategy and motivation for direct foreign investment, international banking operations, lending and investment criteria, governmental programs to encourage exports, trade restrictions, foreign currency markets and exchange controls.
The individuals who will challenge you to learn:
B.A. in Business, Goshen College; M.B.A., Indiana University; D.B.A., Anderson University; South Bend C.P.A.
Having worked in public accounting (staff accountant), health care accounting (corporate controller), and non-profit accounting (chief financial officer), Professor Roger Stichter has a broad accounting background at various levels of responsibility. He has taught at Grace College for over 14 years. He enjoys spending time with his wife and 7 children, bicycling (he has biked from San Diego to Savannah and recently took a 750+ mile trip around Michigan), fishing, and spending time researching the lifestyle of generosity. He recently completed his D.B.A. in accounting at Anderson University.
Bachelor of business Administration (B.B.A.), University of Kentucky; M.B.A., University of Cincinnati; Advanced Diploma in Management Accounting from the Chartered Institute of Management Accountants
Professor McEwan joins the Grace faculty as full-time instructor of finance in the School of Business. He previously worked at Rolls-Royce Aircraft Engines with his last position being Director of Finance Business Partnering, prior to this role he was Vice President Finance for the Helecopter Engines business and Finance Director Engineering and Technology. Mr McEwan also held finance positions at GM Military Vehicles Operation, GM Allison Transmission and at the University of Cincinnati as a teaching assistant. He has served as president of the Board of NICA ministries overseeing two missionaries in Nicaragua, as treasurer of the Woodruff Place Foundation, and was on the board of trustees at New hope Christian Church. He enjoys golf, kayaking, hiking, and cross-country skiing. Kenneth and his wife Robin have been married 31 years and have 3 children and 3 grandchildren.
Some of the positions you can obtain:
Prepare customs documentation and ensure that shipments meet all applicable laws to facilitate the import and export of goods. Determine and track duties and taxes payable and process payments on behalf of client. Sign documents under a power of attorney. Represent clients in meetings with customs officials and apply for duty refunds and tariff re-classifications. Coordinate transportation and storage of imported goods.
Analyze financial information of foreign currency rates within foreign banks in order to forecast business, industry, and economic conditions for use in making investment decisions. Interprets data concerning price, yield, stability, and future trends of investments.
Direct the actual distribution or movement of a product or service to the customer. Coordinate sales distribution by establishing sales territories, quotas, and goals and establish training programs for sales representatives. Analyze sales statistics gathered by staff to determine sales potential and inventory requirements and monitor the preferences of customers.
Translates documents and other materials from one language to another. Reads materials and rewrites materials in specific language or languages. May specialize in particular type of material such as news, legal documents, or scientific reports.
What others are saying:
As a Finance Executive with one of the local orthopedic companies where Grace is based, I've found the School of Business at Grace College to be unique in many ways. First and foremost, I find the passion for education and commitment to personal relationships that the faculty have with their students to be second to none that I've encountered in my many years of recruiting across college campuses. Second, the biblical integration into the curriculum by the faculty and members of the administration of the college is highly identifiable by the integrity and moral convictions exhibited by the students. Finally, the internship and eventual job opportunities available to the students in the School of Business include some of the best companies in the world as it relates to the area of accounting, finance, and business.
—Bob Vitoux, VP of Finance, Biomet Orthopedics, Warsaw, Indiana
I have been impressed with the level of commitment and enthusiasm of the School of Business faculty to the Grace College business students. It is refreshing to know that they are not only equipping our future business leaders with the knowledge and tools they need, but also instilling in them a value system based on biblical principles. We greatly need outstanding business leaders who reflect the values of the men and women of the Grace College School of Business, especially now in this current economic environment.
—Joan Darr, COO/CNO, Kosciusko Community Hospital, B.S. Nursing, 1967