Semester-wise Syllabus for M.Com in International Business

Semester 1: Foundations of International Business

1. Principles of International Business

   • Globalization, MNCs, and trade theories (Absolute/Comparative Advantage, Heckscher-Ohlin)

   • Modes of international market entry (FDI, Joint Ventures, Licensing)

2. International Trade Policies & Practices

   • WTO, GATT, regional trade blocs (EU, ASEAN, NAFTA)

   • Trade barriers (tariffs, quotas, subsidies)

3. International Marketing

   • Global market segmentation, branding strategies

   • Cultural considerations (Hofstede’s model, localization vs. standardization)

4. Managerial Economics

   • Demand forecasting, cost analysis in global markets

   • Exchange rate impact on pricing

5. Business Communication & Cross-Cultural Negotiation

   • International business etiquette, virtual collaboration tools

   • Case studies on negotiation failures/successes (e.g., Walmart in Germany)

Semester 2: Global Trade Operations & Finance

1. International Financial Management

   • Forex markets, currency risk management (hedging tools)

   • Balance of Payments (BoP), capital flows

2. Export-Import Management

   • Incoterms 2020, EXIM policy, documentation (Bill of Lading, Letter of Credit)

   • Role of DGFT, ECGC

3. Global Supply Chain & Logistics

   • Shipping modes (FCL/LCL), freight forwarding

   • Customs clearance, 3PL/4PL providers

4. International Business Law

   • Contracts (CISG), IPR, anti-dumping laws

   • Dispute resolution (UNCITRAL, ICSID)

5. Elective I (Choose One)

   • E-Commerce in Global Trade (Cross-border D2C, Alibaba/Amazon Global)

   • Sustainable International Business (CSR, ESG compliance)

Semester 3: Strategic Global Management

1. Global Strategic Management

   • Porter’s Diamond Model, PESTLE analysis

   • Case studies (Tesla’s Gigafactories, Apple’s supply chain)

2. International Human Resource Management (IHRM)

   • Expatriate management, cultural training

   • Compensation strategies (Balance Sheet Approach)

3. Emerging Markets & Geopolitical Risks

   • BRICS economies, political risk assessment

   • Sanctions (e.g., Russia-Ukraine war impact)

4. International Taxation & Transfer Pricing

   • Double Taxation Avoidance Agreements (DTAA)

   • OECD BEPS framework

5. Elective II (Choose One)

   • Digital Transformation in Global Business (Blockchain, AI in trade finance)

   • Luxury & Fashion Global Markets (LVMH, Zara’s global expansion)

Semester 4: Practical Applications & Research

1. Global Business Analytics

   • Trade data tools (UN Comtrade, ITC Trade Map)

   • Competitor benchmarking (SWOT, BCG Matrix)

2. International Business Simulation

   • Virtual trade games (Cesim Global Challenge)

   • Role-playing WTO negotiations

3. Dissertation/Internship

   • Live project with EXIM firms, MNCs, or trade agencies

   • Research topic (e.g., Impact of Brexit on Indian Pharma Exports)

4. Viva & Industry Certification Prep

   • Certifications: Certified Global Business Professional (CGBP), IIFT’s EXIM courses

   • Mock interviews for roles like International Trade Analyst