Bachelor of International Business (Honours) with International Investment Finance and Banking Concentration
ObjectivesMultinational companies can now deploy their assets around the world with a speed that was unthinkable just a few years ago. If a business opportunity comes up in Hong Kong, a Canadian firm and its international competitors can put a task force in place within days. Students who successfully complete a Bachelor of International Business with a concentration in international investment, finance and banking will examine how international firms raise and manage capital, including problems inherent in moving funds across international boundaries. Students will learn about the institutions that monitor and regulate the flow of capital, and the economic conditions that influence it. The main focus of this concentration is the management of the financial function within an organization and the necessary understanding of the global context in which it occurs.
Academic titleBachelor of International Business (Honours) with International Investment Finance and Banking Concentration
Course descriptionThe Bachelor of International Business (B.I.B.) program is characterized by the requirement that students spend third year in studies abroad.
Students in the B.I.B. program are required to specialize in one of the following languages: French, German, Italian, Japanese, Mandarin, or Spanish.
Language Training Component
Students may select French, German, Italian, Japanese, Mandarin, or Spanish as their specialization language for study. Applicants to the program should indicate both a first and second choice, as their first choice may be oversubscribed. Students are strongly advised to continue study and use of their selected language independently, in the summers between academic years. Failure to do so may seriously undermine success during the year of study abroad.
Applicants to the program interested in languages other than those listed above should contact the Eric Sprott School of Business Supervisor of Undergraduate Programs to verify if the preferred language option may have become available after the publication of this calendar.
All first year Bachelor of International Business students will be assessed for ability in their selected language by the relevant language unit and placed in the appropriate courses as authorized by the language unit.
Students with some ability in their selected language may be allowed to pursue studies in that language on the understanding that they will effect a significant improvement in their ability.
The language credits must be prespecified by course numbers by the selected Language units. Students are advised not to register in courses before they have been specified.
The Year Abroad
The Study Abroad Requirement of the B.I.B. program is met by the successful completion of a minimum of 4.0 approved credits during the year of study abroad (this includes BUSI 3700), with a minimum of 1.0 credit taught in the chosen language for the program. The B.I.B. student will study at one of Carleton's approved Exchange partner institutions, as a full-time student on Exchange for one academic year.
The third year of study will be spent taking a set of courses at a foreign institution approved by the Eric Sprott School of Business.
In order to be eligible to study abroad in third year, students must be in Good Standing and are required to have successfully completed a minimum of 9.0 credits:
1. 4.0 credits in the specified Language Core (3.0 credits in the case of Japanese and Mandarin), and
2. 5.0 credits in Business and Economics from the Major requirements below the 3000-level (6.0 credits in the case of Japanese and Mandarin).
The number of courses available in English in foreign schools may vary. Carleton credits commensurate to courses taken abroad will be determined by the Registrar's Office and awarded towards the student's degree.
Students are responsible for all traveling, living and incidental costs for fulfilling third-year requirements abroad. Tuition fees and compulsory miscellaneous fees will be paid to Carleton University according to Carleton University's fee structure. The student may be liable for compulsory miscellaneous fees assessed by the foreign institution, including possible fees for language courses.
A limited number of bursaries are available to offset costs. For details on how to apply for a bursary, contact the Awards Office.
Bachelor of International Business
(Honours) (20.0 Credits)
1. Credits Included in the Major CGPA (12.5 credits):
1. 3.5 credits in BUSI 1004, BUSI 1005, BUSI 1701, BUSI 1704 (or MATH 1119), BUSI 1705 (or MATH 1009), ECON 1000 [1.0];
2. 4.0 credits in BUSI 2702, BUSI 2208, BUSI 2400, BUSI 2504, BUSI 3700, BUSI 4705 (see Note, below), BUSI 4709 (see Note, below), STAT 2606;
3. 1.5 credits from, BUSI 3504, BUSI 3704, BUSI 3705, BUSI 4205, BUSI 4706, BUSI 4707, BUSI 4708, BUSI 4717, ECON 3601, ECON 3602;
4. 2.0 credits in BUSI at the 2000-level or above;
5. 1.5 credits in BUSI or ECON at the 2000-level or above;
2. Credits Included in the Core CGPA (4.0 credits):
6. 4.0 credits in one of French, German, Italian, Japanese, Mandarin, or Spanish;
3. Credits Not Included in the Major or Core CGPA (3.5 credits):
7. 1.0 credit in PSCI, HIST, GEOG, LAWS, SOCI, ANTH, WOMN, BUSI, or ECON;
8. 2.5 credits in free electives.
Notes:
1. BUSI 4705 and BUSI 4709 in Item 2 above must be taken at Carleton University.
2. The following courses cannot be used as free electives toward the B.I.B. degree: ESLA 1300, ESLA 1500, any course at the 0000-level including MATH 0007, MATH 0107.
Students enrolled in a concentration must satisfy the requirements for Bachelor of International Business (above) while gaining credit for the requirements of the Concentration through proper choice of electives. The order in which the courses listed for the Concentrations are taken should be planned in advance. Students are therefore strongly advised to consider their concentration choices by the end of their first year.
Courses taken at a foreign university during the year abroad must correspond to those below or, if different, be subject to evaluation and approval by the Eric Sprott School of Business.
Concentration in International Investment Finance and Banking