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GroupT31DY14S/Degree Programme in International Business Management, Master's Degree (Tornio)
Study unitT301DY12 Internationalization of Companies, 5.00 ECTS credits, 133 h
International Business Environment
ADVANCED PROFESSIONAL STUDIES
ImplementationPerustoteutus/14001
UnitMinerva (Kauppakatu 58) Tornio
Time of implementationAutumn1/2014-2015
Responsible teacherOkuogume Anthony
Other teachers
Status of implementationFinished

Description status Ready
  
Language of instruction English
Starting and ending dates02.09.2014 - 24.10.2014
Minimum number of participants  
Maximum number of participants  
Enrolment period01.09.2014 - 30.09.2014
Implementation method Virtual studies
Virtuality 5 ECTS credits
R&D integration 5 ECTS credits
Resit dates of the exam
Koulutuksen aikataulu (www-linkki)
Description language English 
Objectives

This course is designed to offer students insights on firm’s decisions and motivation to internationalize, how firms progresses in the internationalization process and the strategic choices made during the internationalization process. In addition, foreign market selection and the different entering modes to foreign markets will also be covered.

Content:

Key concepts of internationalization of the firm

Motivations to internationalize

The internationalization process

How to assess and evaluate foreign markets

Entering strategies to foreign markets

 
Assessment criteria

         Grade 1 - 2

         Grade 3 - 4

         Grade 5

The student is able to explain the key concepts of internationalization of the firm.

The student is able to explain the motivations to internationalize.

The student is able to outline the internationalization process.

The student is able to assess foreign markets.

The student is able to describe the entering strategies to foreign markets.

The student is able to interpret the key concepts of internationalization of the firm.

The student is able to outline and justify the motivations to internationalize.

The student is able to develop the internationalization process of a case company.

The student is able to assess and explain foreign markets.

The student is able to analyze the entering strategies to foreign markets.

The student is able to interpret and apply the key concepts of internationalization of the firm.

The student is able analyze and justify the motivations to internationalize.

The student is able to analyze and develop the internationalization process of a case company.

The student is able to critically assess and explain foreign markets.

The students is able to analyze and create the entering strategies to foreign markets.

 
Pedagogical arrangements

Learning and teaching methods:    

Lectures, class discussions, case analysis and individual project work

Online sessions

The instructor will make use different teaching methods to create an enriching learning environment to motivate students.

Case analysis

Case analyses are useful in providing students with practical experience in dealing with internationalization problems faced in the real world. The importance of this type of applied experience is vital in developing a wider understanding of the development, implementation, and modification of internationalization strategies.

Individual project work

In the individual project work students are to analyze their companies and answer the questions presented in the project task. In addressing the tasks students are to be specific and analytical in their answers. The value of the report lies in the integration of their findings and views into a simple and convincing set of propositions. See the assessment criteria for more information on how the report will be assessed.

Workload:

Contact week 10hrs

Lectures 20hrs

Consultation 3hrs

Self-study and individual project work 100hrs

Material
Content

Key concepts of internationalization of the firm

Motivations to internationalize

The internationalization process

How to assess and evaluate foreign markets

Entering strategies to foreign markets

Assessment

Assessment:

Participation in the contact week session 10%

Participation (active participation in discussions and reflections) in lecture sessions 10%

Individual project work 80%

Grade 1

2

3

4

5

Weak understanding of the task demonstrated

Topics presented listed, cited or summarized

Some topics uncovered

Poor quality of references displayed

Poor understanding of the conceptual framework of the course demonstrated

Only a degree of effort demonstrated

Practical value to the students organization is lacking or the applicability of the research are non-existent

Satisfactory understanding of the task demonstrated

Topics presented listed, cited or summarized

Some personal interpretation presented

satisfactory understanding of the conceptual framework of the course demonstrated

Some topics are uncovered

Practical values to the students organization or the applicability of the outcomes are weak.

Good understanding of the task demonstrated

Essential topics covered

Good understanding of the conceptual framework of the course demonstrated

Aspects of individual thinking presented only to a basic level

Practical values to the students organization or the applicability of the outcomes are

satisfactorily sufficient

Very good understanding of the task demonstrated

All relevant topics covered

Thorough knowledge of topic literature presented

Very good understanding of the conceptual framework of the course demonstrated

Clear, logical, and cohesive structure established

Originality and individual thinking explicated

Practical values to the students organization or the applicability/ implementation of the outcomes are very good

Advanced understanding of the task demonstrated

Topic area thoroughly covered and researched

Clear, logical, and cohesive structure established. Excellent understanding of the conceptual framework of the course established

Excellent level of analytical skills displayed

Originality and individual thinking explicated

Strong engagement with literatures demonstrated

Application of the outcomes are strong and can lead to development actions in the

students organization