INTERNATIONAL BUSINESS | A Global Experience


A business degree from Baker means more than just academic excellence: It’s proof of a well-rounded, liberal arts–based education. And by focusing abroad, students gain a solid foundation in business and economics fundamentals while emphasizing the importance of cultural, linguistic, institutional, and legal differences that are encountered when business is conducted on a global scale.

GLOBAL CITIZENSHIP

Baker makes studying abroad easy, allowing most Baker financial awards and scholarships to be applied directly to study abroad for one full semester. Your first-hand exposure to an international setting will help you grow as a scholar of international affairs.

PREPARE FOR LAW SCHOOL

Baker prepares students for a law degree with our pre-law interdisciplinary minor, and does it well—95% of our pre-law students are accepted into their first- or second-choice law school. Students work with a pre-law advisor to create a course of study that prepares them for law school. The advisor also helps find internship opportunities.

TALK THE TALK

All international business students are required to study a world language. We want you to succeed after graduation, and learning to communicate is the first step.

LEAVE WELL ROUNDED

Baker’s general education program is the perfect companion to the business curriculum. Students learn how to learn, how to continue learning throughout life, and how to adjust as society and industry change—a vital skill for any businessperson.

OLIVIA | International Business Major, Class of 2016

“As a lifelong Baldwin resident, it was really rewarding to spend an extended period of time outside of Baldwin, learning about a different culture and way of life. Studying abroad enhanced my education by exposing me to new experiences and ways of thinking. I learned so much about the world, but also came to appreciate all the great things about the U.S. and Kansas.”

SHANNON | International Business Major, Class of 2016

“By being an international business student, I was able to have versatility upon moving on to life after Baker. I could have worked for companies located internationally or for companies wishing to expand international. In my case, I decided to use my international business degree as a platform to continue my education to get my law degree in order to do similar work in a different setting.

Plus, my favorite part about the international business program is how feasible and accessible it makes study abroad opportunities. Baker places an emphasis on using what we have learned in the classroom and applying it outside of the classroom. Baker also understands the importance of experiential learning and the positive impact it can have on an individual.”

ADAM | International Business Major, German Minor, Class of 2016

“The Baker faculty show genuine interest in one’s learning. Teachers will generally go out of their way to check up on students’ well-being. With the small population of our school, they are able to individually help students with things like internships or other pathways for success. Baker gives students opportunities that someone couldn’t receive at any other school.”

CAREERS

Our international business majors have landed these jobs:

  • Foreign trade (exports, imports) manager
  • Trade development officer
  • International finance writer
  • Foreign currency trader
  • Foreign currency investment advisor
  • International real estate agent/broker
  • Social impact researcher
  • Trade commissioner
  • Diplomat
  • Trade and interest group lobbyist
  • Education abroad counselor

%

of graduates are employed full time or enrolled in graduate school within six months of receiving their diploma.

Course Descriptions

R: course can be repeated for credit; P/NC: course graded on a pass/no credit basis

Courses required for these programs are listed in the current catalog.

BS 141 – Introduction to Business

The course is intended for first-year Business majors, students who are undecided about majoring in Business, and non-majors who wish to obtain a broad overview of the operation of the business enterprise and its role in U.S. and international commerce. The roles of business as supplier of goods and services, employer participant in public affairs, and civic partner will be examined. Basic business functions of accounting, management, marketing, finance, and human resources will be introduced. Career options in business are also presented. (3 credit hours)

BS 220 – Bronston Fellows Seminar

This course provides a range of enriched opportunities for participating students. Contemporary topics in business are examined through interaction with guest speakers, exercises, and site visits. R; P/NC (1 credit hour)

BS 251 – Business Law I

This course presents an overview of legal methods and sources, the law of contracts, defamation, negligence, and employment law. Basic legal research techniques are introduced. Prerequisite: BS 141. (3 credit hours)

BS 252 – Business Law II

The law relating to operations of business enterprises, including torts, product liability, bankruptcy, secured transactions, employee/employer relationships, and debtor-creditor relationships is studied. Prerequisite: BS 141. (3 credit hours)

BS 271 – Principles of Marketing

This course is an introduction to marketing as a social process. Using product, price, distribution, and promotion as the base, marketing is explored as human activity directed at satisfying needs and wants through exchange processes. Prerequisites: BS 141 and EC 242. (3 credit hours)

BS 331 – Business Information Systems

The objectives of this course are to understand the nature and impacts of information systems for individuals, organizations, and society; to enhance the student’s problem-solving skills for business and for students to appreciate the role of information technology in problem solving; and to enhance the student’s skills with end-user tools in information technology. Prerequisites: BS 141, junior status. (3 credit hours)

SA 351 – The Law of Sports

Spring semester
This course examines the legal environment in which professional sports and amateur athletics operate, focusing on the areas of contract law, labor law, antitrust law, intellectual property law, and constitutional law. Course topics include the legal history of the sports industries, the legal structure of professional sports, the basic agreements controlling sports, the functions of the sports agent, the operation of sports labor unions, management issues in professional sports, and the legal aspects of amateur athletics. Prerequisites: Junior status. (3 credit hours)

BS 353 – Fundamentals of Management

This course introduces the process of management by studying the functions performed by managers, including planning, organizing, leading, and evaluating. Prerequisites: BS 141 and EC 242. (3 credit hours)

BS 355 – Human Resource Management

This course looks at the management of human resources from the point-of-view of a business manager. Upon successful completion of this course, the student should understand the basics of human resource planning, recruitment, selection, development, compensation, and appraisal. The student should also understand constraints on management discretion, including legislation, court decisions, labor unions, and labor markets. Prerequisite: BS 353. (3 credit hours)

BS 356 – Quantitative Methods in Decision Making

Quantitative techniques, including linear programming, are applied to modeling for business decision making. Prerequisite: BS 330, MA 321, MA 355, or MA 472. (3 credit hours)

BS 361 – International Management

An overview of management in an international context is introduced through examination of case studies, application of relevant theories from management and economics, and consideration of special factors such as culture and politics. Prerequisite: BS 353. (3 credit hours)

BS 381 – Corporate Finance

This course is an introduction to corporate finance. Most of the class covers the theory and practice of asset valuation and pricing, with applications to the long-term investment decision. The implications of capital structure decisions will be evaluated. Prerequisites: AC 141 and EC 242. (3 credit hours)

BS 382 – Investments

Topics covered in BS 381 Corporate Finance, specifically diversification and risk, are applied to managing investments. The institutions of investing, the theory of asset pricing, and evaluation of portfolio performance are studied. Prerequisite: BS 381. (3 credit hours)

BS 383 – Corporate Finance II

Further topics in corporate finance, including the firm’s liability structure and dividend policy, options, warrants and convertible bonds, and mergers and acquisitions are introduced. This class employs significant casework. Prerequisite: BS 381. (3 credit hours)

BS 456 – Business Policy

This course is the capstone class for Business, Accounting, and International Business majors. Through the use of case studies and team projects students practice applying principles of finance, accounting, management, economics, and marketing to business problems and opportunities using a strategic analysis framework. Prerequisites: BS 353, 381, and senior status. (3 credit hours)

BS 462 – International Marketing

Marketing principles are applied in an international setting through the use of case studies and class simulations. Special emphasis is placed on cultural, economic, and political differences. Prerequisite: BS 271. (3 credit hours)

BS 463 – International Finance

A macroeconomic approach to the study of global markets is taken in this course. Specific topics and concepts examined include balance of payments, exchange rate systems, the World Bank, the IMF, international banking, and the European Union. Prerequisites: EC 242, 243, and BS 381. (Cross-listed as EC 463.) (3 credit hours)

BS 474 – Marketing Research

This course emphasizes the importance of information for marketing decision making; various approaches and techniques are explored through case studies and team projects. Analytical techniques and quantitative applications are introduced. Prerequisites: BS 271 and either BS 330 or MA 321. (3 credit hours)

BS 478 – Business Online

This subject aims to provide students with an understanding of online business in the context of today’s global business environment. This subject covers key areas of online business including: business-to-business and business-to-consumer relations, Internet commerce, EDI, standards, regulation, and policy, principles and practices of online business security, and social and economic issues. Prerequisite: CS 175 or permission of instructor. (Cross-listed as CS 478.) (3 credit hours)

BS 481 – Research Project or Professional Consultancy

This course provides students with an opportunity to engage in active and collaborative learning experiences with peers and/or faculty within the program. The course focuses on involving students in meaningful and practical experiences beyond the existing curriculum in hands-on and real-world learning environments. Prerequisite: Junior or senior status, Department Chair approval. (1-3 credit hours)

BS 295, 495 – Special Topics

Offered periodically, the course will be determined by student interest and needs. (1-3 credit hours)

BS 499 – Independent Study

This course is arranged between the instructor and student. Prerequisite: Department chair approval. (1-3 credit hours)

Scholarships

The Department of Business and Economics gives these awards with financial prizes to be applied to the following year’s tuition:

  • Outstanding First-Year Business Major
  • Outstanding Sophomore Business Major
  • Mildred Hunt Riddle Departmental Recognition Scholarship for Business and Economics
  • KPMG-Cecil Miller Scholarship
  • Carley M. Upp Memorial Scholarship
  • William G. McGowan Scholarship*
  • Professor Fran Jabara Leadership Awards**

*The William G. McGowan Scholarship funds one student annually at selected institutions across the nation. To be eligible, an institution of higher learning must be accredited by the Association of Collegiate Business Schools and Programs. The scholarship, made possible by the McGowan Charitable Fund, provides $18,000 toward tuition to one business student selected to conduct business research during the following academic year.

**The Professor Fran Jabara Leadership Award and an accompanying financial prize is presented to two senior business students who have demonstrated excellence in leadership throughout their academic career. The award is presented at spring commencement.

STUDENT LEARNING OPPORTUNITIES

DIALOGOS RESEARCH SYMPOSIUM
Dialogos creates opportunities for the free exchange of ideas among scholars. Students from every part of the academy present original works, in a variety of forms and mediums, and engage with an interdisciplinary community of peers, staff and faculty. The symposium also features a keynote address from a prominent Baker alum. Through open and critical discussion, participants learn from and contribute to the betterment of the whole. At Dialogos, to quote John Wesley, we "think and let think."
Dialogos creates opportunities for the free exchange of ideas among scholars. Students from every part of the academy present original works, in a variety of forms and mediums, and engage with an interdisciplinary community of peers, staff and faculty. The symposium also features a keynote address from a prominent Baker alum. Through open and critical discussion, participants learn from and contribute to the betterment of the whole. At Dialogos, to quote John Wesley, we "think and let think."
BOOK Program
Students are encouraged to participate in the BOOK Program (Baker Organizational Observation for Knowledge) to enhance their internship experiences. The program encourages students to look deeper into organizations by researching the history, mission, structure, products and services, finances and management of the company. At the conclusion of the program, presentations are given in front of a panel of judges who choose the winner of a cash prize.
BOOK Program
Students are encouraged to participate in the BOOK Program (Baker Organizational Observation for Knowledge) to enhance their internship experiences. The program encourages students to look deeper into organizations by researching the history, mission, structure, products and services, finances and management of the company. At the conclusion of the program, presentations are given in front of a panel of judges who choose the winner of a cash prize.

FACULTY

Lowell Jacobsen

Dr. Lowell Jacobsen

Elizabeth Harvey Rhodes Professor of International Business | lowell.jacobsen@bakerU.edu

Ph.D. in Economics, Edinburgh University; M.I.M. Thunderbird School of Global Management; B.A. in Economics and Finance, Buena Vista University
Expertise: business strategy, finance, international economics
Office: Mabee 306 | 785.594.4516 | More Info

Paulette Schwerdt

Instructor of Business and Economics | paulette.schwerdt@bakerU.edu

B.B.A., M.B.A. Washburn University, expertise: finance and management
Office: Mabee | 785.594.8470

Rick Gammon

Instructor of Business and Economics | rick.gammon@bakerU.edu

Office: Mabee | 785.594.??

Alan GrantDr. Alan Grant

Professor of Business & Economics | alan.grant@bakerU.edu

B.S., M.A., Ph.D. Kansas State University
Expertise: inflation forecasting and lottery finance
Office: Mabee 308 | 785.594.8498

Martha Harris

Professor of Business & Economics | martha.harris@bakerU.edu
Martha Harris loves the opportunity to watch students grow and eventually pursue careers. Teaching is being passionate about student success and helping students find paths in their lives, wherever that may lead. When not molding the minds of future business leaders, she is a history junky and a hopeless Anglophile.

B.S. Baker University, M.B.A. University of Kansas
Expertise: financial institutions, fraud examination
Office: Constant Hall | 785.594.8338

Gary IrickGary Irick

Associate Professor, Chair of Business & Economics Department | gary.irick@bakerU.edu

Masters in Management – Northwestern University
Expertise:  Financial reporting and Auditing
Office: Mabee 309 | 785.594.8479

Dr. Kevin McCarthy

Professor of Business & Economics, Collins-Dietrich Chair | kevin.mccarthy@bakerU.edu

B.A., M.B.A., Ph.D. St. Louis University
Office: Mabee 208 | 785.594.8395

Nadia NovotorovaDr. Nadia Novotorova

Associate Professor of Marketing | nadia.norotorova@bakerU.edu

Ph.D. University of Illinois at Urbana-Champaign, M.B.A. Iowa State
Office: Mabee 304 | 785.594.4515

Judy SmrhaDr. Judy Smrha

Professor of Business & Economics | judy.smrha@bakerU.edu

B.A. Mills College; M.A., Ph.D. Johns Hopkins University
Expertise: applied microeconomics, statistics, sports economics
Office: Mabee 303 | 785.594.8337

CONTACT US

Jill Franklin
Department Assistant
Business & Economics
Office: Mabee Hall
785.594.8470
jill.franklin@www.bakeru.edu