International Business and Economics
International Business and Economics

The program and courses are designed to:

  1. Evaluate the role of economics and business in the social environment of different cultures;
  2. Articulate how the functional areas of business interrelate within multinational organizations;
  3. Improve skills in communication, analytical thinking and appreciating the human element in organizations;
  4. Develop specific skills applicable to the various aspects of the functional areas of business; and
  5. Show how culture influences business attitudes and behaviors.

The program and major are designed to:

  1. Prepare you for entry-level positions;
  2. Enable you to perform effectively in professional and career positions in management; and
  3. Prepare you for graduate and professional study in business and international business related fields.

All students in these programs will receive a thorough grounding in:

  1. Economics (the theoretical basis for the discipline);
  2. Mathematics and statistics (the tool subjects);
  3. The principles pertinent to all of the functional areas of business, accounting, finance, management and marketing, in an integrated manner and with adequate focus on the international aspects of each; and
  4. The study and appreciation of international cultural backgrounds and in the skills needed for international business.

Anthropology courses are offered as a service to fulfill requirements of the International Business and Economics program, and to broaden the range of social science available to other interested students.

* A study abroad experience is required, usually taken in the junior year. 

Other Information:

The International Business and Economics major is designed so that the entire degree is available through day classes. The International Business and Economics major is also offered in time periods and formats that are designed for the needs of adult learners, offered through evening and weekend classes.

What does a major in International Business and Economics at Benedictine University offer?

The International Business and Economics major offers you a combination liberal arts and business education with an international focus. When you major in international business and economics at Benedictine University, you will:

Become knowledgeable in international marketing, finance, trade and economics; a foreign language, history, international relations, international organizations and law; Be introduced to the cultural and socio-economic background of international business practices; Learn the skills needed to carry out business activities in the United States and abroad through the study of economics and accounting.

Students, usually in their junior year, will have the opportunity to study abroad in an established program and receive credit for the coursework they complete. Benedictine University has exchange programs with universities in Bolivia, China, Denmark, France, Japan, Mexico, South Korea, Spain and Taiwan. Benedictine also has agreements with third party providers. These independent organizations allow Benedictine University to expand students' opportunities to study abroad in areas such as Africa, Asia, Australia, Eastern Europe, Latin America, South America and The Middle East.

What careers are available with an International Business and Economics degree?

Career opportunities for students in the International Business and Economics program are numerous since many companies in the United States have overseas operations.

Jobs in export, import, international marketing, production, finance and banking are increasing and foreign companies are operating in the U.S. at an accelerated rate. Jobs in government agencies and non-profit organizations are also plentiful. Graduates of the international business and economics program at Benedictine University have a tradition of success in obtaining employment in their chosen field and many have pursued graduate studies upon completion of their undergraduate program or through their places of employment.

Learning Outcomes:

To obtain a firsthand look at the topics that affect and are affected by international business and economics.

BA in International Business and Economics Requirements for Incoming Freshmen
Graduation Requirement | Min. Semester Credit Hours 120
     Inquiry Curriculum Requirements Refer to major checklist for Inquiry Curriculum Requirements.
     Department Core Requirements 42  
     International Focus Coruse Requirements 21  
Total Major Requirements 63  

Department Core Courses
(42 semester credit hours)
Course Number Course Title Semester Credit Hours
MATH 115 Business Calculus 3
ACCT 111 Accounting I 3
ECON 101 Macroeconomics 3
ECON 102 Microeconomics 3
MGT 150 Statistics I 3
ECON 202 PLrice Theory/Application 3
ECON 202 Price Theory/Application 3
Refer to checklist and course catalog International Political Science 3
Refer to checklist and course catalog International Political Science 3
INTB 380 Global Strategic Management (WI) 3
INTB, refer to checklist and course catalog Electrive 300 Level 3
INTB, refer to checklist and course catalog Electrive 300 Level 3
INTB, refer to checklist and course catalog Electrive 300 Level 3
INTB, refer to checklist and course catalog Electrive 300 Level 3

International Focus Course Requirements
(21 semester credit hours required. Refer to checklist and course catalog for specific requirements)
Course Number Course Title Semester Credit Hours
200 Level or above International History 3
200 Level or above MDLG or Cultural Studies 3
200 Level or above MDLG or Cultural Studies 3
200 Level or above MDLG or Cultural Studies 3
200 Level or above MDLG or Cultural Studies 3
200 Level or above MDLG or Cultural Studies 3
200 Level or above MDLG or Cultural Studies 3
*Short or long-term study abroad experience may be required

Major Specific Notes

All majors must submit at least 45 semester credit hours in major courses (with a grade of “C” or better), of which 30 semester credit hours are at the 200 level or above, including 18 semester credit hours at the 300 level plus 9 semester credit hours in cognate courses.

Refer to the checklist and catalog for a complete list of University and College requirements.

Requirements - Major:

International business and economics majors must complete the university core requirements. Majors in this program must also complete MATH C115 (3). In addition, majors must complete with a grade of "C" or better the following courses some of which fulfill core requirements: at least 18 hours of modern language and/or cultural studies*, 3 hours of history*, 6 hours of political science*, 3 hours of anthropology/sociology*, and ECON C101 (3) and C102 (3). In addition, the following program courses must be completed with a grade of "C" or better: MGT 150 (3), ECON 202 (3), ACCT 111 (3), INTB 380 (3); and at least four 300-level INTB courses, one of which can be substituted by a course in ECON, FINA, MGT or MKTG with the consent of the department chair.

(*These courses must have an international focus and be approved by the program faculty.)

CLEP, life experience, work experience, and advanced placement do not substitute for upper level (300) courses.

An internship may substitute for one 300-level course with the approval of the department chair.

A student may have only one major in the accounting, business and economics, economics, finance, health administration, international business and economics, management and organizational behavior, and marketing programs.

The international business and economics major may elect to minor in accounting, business and economics, economics, finance, health administration, management and organizational behavior, or marketing. Please see program requirement for each of these minors.

Requirements - Minor:

Students seeking a minor in international business and economics must complete with a grade of "C" or better 21 semester hours which must include ECON 101(3), 102(3), and either ECON 202(3) or INTB 380(3); and at least two 300-level courses in international business; one 200- or 300-level anthropology course; and one international political science course.

Students with majors in accounting, business and economics, economics, finance, management and organizational behavior, and marketing seeking the international business and economics minor must complete, with a grade of "C" or better: three 300-level courses in international business and economics beyond the requirements for the major program, and two courses from cultural studies, international political science or international history beyond core requirements.

Requirements - Other:

The study abroad experience may be a short-term, faculty-led study tour, a semester abroad at a foreign university, or a business internship abroad.

IBE Degree Requirements for study abroad:

Objectives-To ensure an international experience for International Business and Economics majors, the IBE degree will require students to participate in a study abroad (short-term faculty-led, semester or year-long).

Goodwin College of Business
 benedictine university
Benedictine University College of Business - Undergraduate LinkedIn

Sandra L. Gill, Ph.D., C.C.S., Dean
Phone: (630) 829-6206
Fax: (630) 829-6226

Goodwin Hall, Room 250
5700 College Rd.
Lisle, IL 60532
8:30 a.m. - 5:00 p.m.