IFSA Study in Shanghai: International Business

The IFSA Study in Shanghai: International Business academic track offers unparalleled opportunities to examine China’s rapidly changing business environment and the global networks in which it plays an increasingly strategic role. Maximize your learning by tailoring classes to your academic focus, enrolling in the required core class and three to four elective classes, including an internship opportunity. You must have completed one business and one economics class prior to arrival, or two economics classes if business is not available at your school.

CORE CLASS

China: Economic Giant

The class provides an interpretative survey of China’s emergence as a global economic power. The phenomenal changes in the Chinese economy over recent decades are highlighted, and aspects of quantitative development are related to the radical reforms adopted since 1978. Students discuss major policy issues encountered by the Chinese government in sustaining high-speed economic growth without instability. Students also explore China’s pursuit of full integration into the global free trade system. (3 U.S. semester credit hours)

ELECTIVE CLASSES

Customize your semester based on your personal interests and degree requirements, choosing from electives from the IFSA Study in Shanghai: International Business academic track as well as our IFSA Study in Shanghai: Social Sciences academic track. All elective classes are taught in English. Not all electives may be offered in a given semester depending on enrollment and faculty availability.

China as a Global Market

China is not only a major export market but also a global sourcing base, given that Chinese exports are dominated by foreign-funded enterprises. Discussions include China’s rising purchasing power and consumption market potentials, trends in China’s demand for capital goods and western technology, marketing new products, cultural attributes in Chinese consumer behavior, outsourcing and sourcing in China, the service industries, international distribution systems, market regulations and deregulations, export tax rebate and import duties, and pricing and terms of payments. (3 U.S. semester credit hours)

International Money and Finance

Students must have completed an Introduction to Finance class as a prerequisite for this class. This class familiarizes students with the basic theories for global financial liberalization and the major policy problems involved for the Chinese government to fully integrate the country with the global financial system. Discussions address Chinese interest rate determination, the exchange rate regime, and associated risks; new investment and financing techniques; B-share versus A-share in Chinese stock markets; the role of qualified institutional investors; and the possible implications of renminbi becoming fully convertible in the future. (3 U.S. semester credit hours)

International Trade: A Chinese Perspective

This class helps students develop the conceptual basis and the necessary tools for understanding modern international trade at the intermediate level. Topics include classical and modern theories of international trade, factor price equalization, empirical tests and extensions of the pure theory model, economic growth and international trade, the nature and effects of protection, and motives and welfare effects of factor movements. Each topic includes case studies under the context of China’s international trade with the U.S. and the rest of the world. (3 U.S. semester credit hours)

Managing Enterprises in China

This class focuses on the modus operandi of major types of enterprises in China, such as large-scale state-owned enterprises, share-holding corporations, collective enterprises of global significance, and foreign-funded conglomerates. Discussions address functional aspects of enterprise management, including production and investment decision-making, financing, marketing and supply sourcing, human resource management, technology transfer, and research and development, as well as the Chinese government’s changing regulatory framework. (3 U.S. semester credit hours)

Operations and Supply Chain Management

This class introduces business operation and supply chain management. Both operations and supply chain management are the primary functions of every company and organization. In this age of rapid globalization and fast-moving information, operations and supply chain management are the keys to improving company profitability and sustainability. It is crucial for the success of a company and its customers; therefore, no one should underestimate its importance. (3 U.S. semester credit hours)

International Internship Seminar (Coming Fall 2024)
Students are placed in individual internships but collectively take part in the seminar to prepare for the experience, understand expectations, set personal objectives, identify, and strengthen specific skills, critically reflect on their progress, share experiences, and learn from each other throughout their term. Students develop a deeper understanding of themselves, their professional areas, and Chinese work culture. In this seminar, which is focused on application of theory to practice, students gain real world work experience while developing intercultural agility — skills and experiences that are critically important to personal, academic, and professional success.

LANGUAGE CLASSES

Developing skills in a foreign language can profoundly impact your life personally and professionally. Though language study (other than Essential Chinese) is not required, students frequently report their Chinese language class as one of their favorites and the one they applied most outside of the classroom.

Essential Chinese

If you’ve never studied Chinese before, and you decide not to take an elective language class, you’ll take this introductory seminar to contemporary Chinese language and culture taught intensively during the first weeks of the program. By introducing key words and phrases and venturing out into the city to practice them, you’ll gain essential skills to communicate effectively and navigate in a new culture. (1 U.S. semester credit hours)

Chinese Language

No prior language study is required. A placement exam during on-site orientation determines each student’s appropriate language level. (6 U.S. semester credit hours)

• Beginning Chinese I
• Beginning Chinese II
• Intermediate Chinese I
• Intermediate Chinese II
• Advanced Chinese I
• Advanced Chinese II
• Advanced Chinese III
• Advanced Chinese IV
• Advanced Readings in Chinese

Business Chinese

You must have completed three semesters of Chinese language prior to taking this class. You will develop specialized skills in business-related Chinese communication in both oral and written form. (3 U.S. semester credit hours)