International Economic Relations + BBA

ConcordiaUA’s goal is to help students become effective, successful and ethical leaders of international business.

This program integrates international dimension throughout the whole curriculum, which enables students to become successful employees and leaders of multinational companies. The program exposes students not only to the theoretical dimensions of international business, but also to different cultures, customs and business practices, which is invaluable knowledge in our globalized economy.

Our students develop analytical, management and quantitative skills, which enable them to advance the performance of new and existing companies. These skills, together with advanced knowledge of qualitative areas of business and foreign languages make our students highly competitive on the job market.

The students can choose the following study programs

International Economic Relations

International Business

International Economics

The Program is delivered entirely in English. Among the internationally focused courses you will find: International Economic Relations, World Economics, International Business, Regional Studies, Business English, Second Foreign Language, Foundations of Diplomacy and Diplomatic Work, Diplomatic Protocol and Etiquette, International Marketing etc.

Addmissions Department

The Admission Office is open
9:00 – 18:00 on Weekdays
and
10:00 – 16:00 on Saturdays
Sundays: Closed

at the address:
8–14, Turhenievska Street, Kyiv
Office 1-4

Tel: +380(44)236-19-16;
Tel: +380(44)236-19-49
Tel./fax: +380(44)486-06-66
Mob.tel: +380(50)331-42-95

E-mail: info@uacu.edu.ua

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Dual Diploma Program

Tel.: +380(44)236-19-16;
Tel.: +380(44)236-19-49
Tel./fax: +380(44)486-06-66
Mob.tel.: +380(50)331-42-95

E-mail: info@uacu.edu.ua

More Details!

2 degrees in 1

The students have opportunities to participate in Dual Degree and Exchange Programs (USA, Germany).

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E-mail: info@uacu.edu.ua

More Details!

Major:

Field of Study 29 – International Relations
Speciality 292 – International Economic Relations
Qualification: Bachelor of International Economic Relations
Full Time / Online
Duration – four years (eight semesters)

Minor:

Bachelor of Business Administration 
Full Time / Online
Duration – four years (eight semesters)

SAMPLE CURRICULUM

Required Courses

General Education Courses 

Business English I

Presents business-related vocabulary, practice in note-taking skills, preparing presentations; introduces terminology and techniques used in commercial transactions, including interpretation and writing of business materials. Emphasis is given on correct, effective and concise use of the language, both oral and written. The course provides study of letters and documents used in legal, governmental and business transactions.

Business English ІІ

The course is designed to bring the real world of international business into the language teaching classroom. It has been developed in association with the Financial Times and the Economist, the world’s leading sources of professional information, to ensure the maximum range and authenticity of business content.
On the completion of the course the students should improve their skills in communication, critical thinking, discussion and negotiation, writing for business audiences, design and delivery effective presentations, manners and etiquette.

Business Ukrainian

The course introduces Ukrainian used in fields of business, government, administration and economics. The course covers basic specific subject-related vocabulary required to handle everyday business conversations at elementary level, corresponding effectively, and reading business-related texts.

Psychology

This course will survey the science of psychology and will address such topics as research methods, biological bases of behavior, sensation and perception, states of consciousness, process of learning, memory peculiarities, motivation and emotion, language, lifespan development, intelligence, stress and health, social behavior, personality, and abnormal behavior and treatment as well as applications of psychology in a culturally diverse world.

Business Ethics

The course provides an analysis of ethical issues arising in contemporary business life. Sample topics include: fair and unfair competition; responsibilities towards employees, society and the environment; honesty and integrity in business; the moral status of corporations; corporate culture and group think, racial and sexual discrimination, affirmative action, the responsibilities of American companies abroad, and leveraged buyouts. Text, articles, and case studies will be employed.

Interpersonal Communications

This course gives a comprehensive view of communication, its scope and importance in business. It will cover the role of communication in establishing a favorable internal and external business environment. The course will also address and place emphasis upon the practical side of planning, composing, and keyboarding business and employment correspondence, reviewing basic English skills, delivering oral reports and interviewing for jobs. Organizational communication topics will also be considered.

Mathematics for Economics

This course provides students with a mathematical foundation in business, economic, social sciences, and the ‘life’. It presents concentrated and more detailed study of sets and Vein Diagrams, linear equations and solution of 2×2 systems of linear equations, polynomials, rational and radical expressions, quadratic equations, and inequalities. Emphasis is on application to business situation.

Computer Science І

Provides an overview of how the computer works and its functional relationship to society. During the course students examine hardware and software, terminology, and foundational Computer Science concepts. Students will learn to use a microcomputer by executing various software application programs.

Computer Science ІІ

The course allows the student to develop expertise in using software application packages to solve personal and professional problems. The computer as a toll is emphasized by the in-depth study of word processing, electronic spreadsheets, and data management systems. In addition, graphics, communications, integrated packages, and operating systems from the user’s point of view are examined. Students carry out projects using each category of application package.

Course Projects 

Course Project in Economics

Course Project in International Economic Relations

Internships

Introduction to the Profession

Internship

Core Courses

Principles of Management

The course introduces the principles and functions of management with an integration of line and staff relationships, theories of management, authority and responsibility, centralization and decentralization, planning, organizing, directing, and controlling.

Operational Management

The course examines the methods of planning, coordination, and execution of activities in transformation processes in manufacturing and service organizations. The role of the operations manager is explored, and attention is given to analytical methods that improve production processes and enhance competitiveness. The course illustrates how manufacturing and service operations can apply quantitative tools to decisions using queuing theory, staffing, scheduling or product mix planning using linear programming, and using simulation in inventory control. Emphasis is given on application to real life situations.

International Economic Relations

This is an introductory course in the study of international relations. The goal of this course is to acquaint students with the concepts, ideas, and analytical tools necessary to understand state behavior and relationships among actors in the international system. The course covers the major concerns, issues, and actors that characterize world politics, examine various theoretical explanations for state behaviors, such as realism, liberalism, and constructivism and explores vital topics such as war, cooperation, international law, political economy, terrorism, human rights, and the forms of conflict that characterize the international system.

Microeconomics

The course presents a study of the fundamental economic principles and theories with emphasis on microeconomics and special application to the organization of different national economic systems in the performance of their tasks of production, exchange and distribution of consumer and capital goods and services.

Macroeconomics

The course presents principles and theories of macroeconomics with emphasis on economic analysis and special application to the international trade market and to management economics. Emphasis is given n on such macroeconomic issues such as unemployment, inflation, cyclical business fluctuations, economic growth, the role of money, theories of interest rates, stabilization policies, foreign exchange rates, balance of payments difficulties, and comparative economic advantages among nations.

World Economics

This course is a study of economic development in the Third World nations. Emphasis is on the analysis of critical development problems combined with theoretical, empirical, and policy-oriented perspective. The course will also explore the historical, political, social, and economic roots of underdevelopment and the future of the world economy in the age of increasing independence.

Statistics

This course helps students to analyze and interpret statistical data. Quantitative concepts and basic techniques in research are stressed. The course objectives cover methods of sampling, probability, the normal distribution, constructing confidence intervals, correlation, hypothesis testing and linear regression. Emphasis is given on applications to real life situations.

IT Applications

Students are introduced to Microsoft Windows XP and Office 2003 applications of popular software using spreadsheets, word processors, and databases. This course provides an in-depth look at Microsoft Office Word, Excel, Access, and Power Point 2003 use, terminology and interfaces. “Hands-on” experience is provided through student use of computer lab.

Organizational Behavior

This course explores the fundamentals of organizational behavior using a system approach- examining how each component of the organization (individual, group, organization, etc.) contributes to the functioning of the whole. The study of organizational behavior includes a broad array of topics including cultural diversity, ethics, group psychology and communication. The course objective is to illustrate how people work together in business environments and how to utilize course material in real life situations.

Human Resource Management

The course is an introduction to the human resources function and related elements and activities. The course outlines the roles and functions of members of the human resources department, as well as educating others outside human resources, in how their roles include human resources-related activities. Emphasis is placed on contemporary importance of HRM and the new “corporate view” of the function. Additionally, the student will be exposed to the view of HRM from the perception of both management and subordinate employees. The student will be exposed to practical situations and problem solving regarding areas of employee counseling, discipline and termination. Other critical areas of training and development, staffing and strategy will also be explored.

Business Policy

The course examines the development of the planning, financing, marketing and personnel management functions unique to the international company. The analysis of major international organizations will provide current information on how these companies operate, and relate theory to actual practice. The course utilizes the knowledge of all business areas for broad involvement in the management decision making process.

Business Law

This course is designed to familiarize students with some of the basic concepts underlying daily business legal transactions. Topics examined include the law as it affects sole proprietors, partnerships and corporations, bankruptcy and insolvency, and ethical behavior. Practical examples are cited by the instructors who are active practitioners in the field of law.

Introduction to Business

This is an introductory level course that specifically focuses on today’s business climate. The course reviews the cultural, social, political, and economic factors that shape business institutions and gives an opportunity to understand the basic role of business in the contemporary society.

International Business

This course aims to provide a comprehensive foundation for all students studying Business as a formal discipline. It provides an overview of the principles and the terminology associated with the concepts of business and its primary components – financing, objectives, role within the economy, organizational structure, functions and mandatory evolution and change required by internal and external factors. Studies international trade and monetary theories applied to multinational organizations are involved too. Emphasis is placed on understanding trade, customs, unions, foreign exchange rates and balance of payments.

Monеy, Banking and Financial Institutions

The course examines basic theories in monetary economics and international finance and the impact of the domestic and foreign monetary policies on the Ukrainian economy. Topics include Ukrainian and international financial institutions, financial intermediaries, financial instruments, interest rates, money demand, money supply, exchange rate, balance of payments, and central banking and monetary policies.

Finance І

Examines the role of financial management with emphasis on multinational corporations. Studies principles and practice of financing; sources and control of funds, financial instruments, capital market analysis. Some major topics are state budget, state revenue, tax system, regional finance, insurance, interest rates, stock and bond values, financial strategies.

Finance ІІ

An examination of financial concepts and tools of analysis as they apply to the management of domestic and international operations. This course is taught from the point of view of a firm engaged in international business.

Principles of Marketing

The course presents an analysis of marketing problems and techniques relating to management and marketing in the profitable operation of a business enterprise. Attention is given to evaluating consumers and their needs, product strategy, distribution strategy, promotional strategy, and price determination. This course allows students to build foundational marketing skills, which are utilized while preparing a marketing plan.

Regional Studies

Electives

General Education Courses 

English Composition І

This is an introductory course to the logic and structure of the English language with special emphasis upon reading development and the application of language skills to reading comprehension and the art of composition. The goal is to prepare the student not only for success in academic writing but also for effective participation in and critical understanding of the public and professional discourses of the “real” world beyond school. On completion of the course the students develop a flexible and effective command of style, arrange essays effectively to guide readers through complex structures, employ the basics types of arguments and persuasive reasoning using different kinds of proofs and appeals.

English Composition ІІ

This course develops techniques for effective writing through a study of the writing process and of the skills necessary for producing purposeful, unified, and coherent short essays; it includes outlining as it relates to support for a selected thesis statement and developing skills in writing research papers using on-line and library resources; rhetoric, logical thought, audience, critical thinking, and governing human relationships are considered. The course introduces standard research and bibliographical techniques and research papers are assigned.

Foreign Language (Second) I

Emphasizes study of German/Spanish/Russian grammar with aim of mastering all grammatical forms; development of speaking ability, reading and interpretation of simple texts; introduction to all basic grammatical structures; intensive drill in written and conversational skills; systematic discussion of selected grammatical difficulties; intermediate composition; expansion of conversational and writing skills through discussion and written exercises; development of oral proficiency.

Foreign Language (Second) ІІ

The course examines fundamentals of grammar, composition, conversation and reading. More time is spent in development of reading and writing skills. Students are encouraged to form their own dialogues based on new topics as they are presented. Cultural information supplements the course.

Philosophy

The goal of this course is to present philosophy to newcomers as a living discipline with historical roots. While a few early lectures are historically organized, my goal is to trace a developmental progression of thought that introduces basic philosophical methods and frames issues that remain relevant today. Later lectures are topically organized. These include philosophy of science and philosophy of mind, areas where philosophy has shown dramatic recent progress.
This course concludes with four lectures on ethics, broadly construed. I cover traditional theories of right action in the third of these. Students are first invited first to think about what is good for themselves and their relationships in a lecture of love and happiness. Next a few meta-ethical issues are considered; namely, whether they are moral truths and if so what makes them so. The end of the ethics sequence addresses social justice, what it is for one’s community to be good. Our sphere of concern expands progressively through these chapters. Our inquiry recapitulates the course of development into moral maturity. Over the course of the text I’ve tried to outline the continuity of thought that leads from the historical roots of philosophy to a few of the diverse areas of inquiry that continue to make significant contributions to our understanding of ourselves and the world we live in.

Law

The course is an introduction to law, legal systems, government structure and institutions, legal concepts and theories. It concentrates on the essence of law. Topics include information about appearing of the historical processes of law and establishment of a State.
The teaching methods focus on developing analytical skills. Great emphasis is placed on the study of the essence of law, different law systems and structure of the governments.

Sociology

This course introduces students to Sociology as a social science. During the course the students will explore the scope and methods of examining human behavior and learn how to understand and analyze the modern society. The emphasis is given to practical applications and developing professional skills to communicate the research finding to various publics.

International Private Law

This course is designed to familiarize students with some of the basic concepts underlying daily business legal transactions. Topics examined include the law as it affects sole proprietors, partnerships and corporations, bankruptcy and insolvency, and ethical behavior. Practical examples are cited by the instructors who are active practitioners in the field of law.

Physical Training

This course is designed to give students the opportunity to learn fitness concepts and conditioning techniques used for obtaining optimal physical fitness. Students will benefit from comprehensive weight training and cardiorespiratory endurance activities. Students will learn the basic fundamentals of strength training, aerobic training, and overall fitness training and conditioning. Course includes both lecture and activity sessions. Students will be empowered to make wise choices, meet challenges, and develop positive behaviors in fitness, wellness, and movement activity for a lifetime.

Core Courses

Accounting I

The course presents comprehensive instruction in the basic accounting practices, with the emphasis on mercantile and personal service enterprises. The course deals with both the bookkeeping process and the presentation and use of accounting data in the management of a business enterprise.

Accounting II

The course emphasizes accounting as a practical and useful tool of control for business management. The fundamental bookkeeping process is presented from the background of a simple balance sheet equation. A logical development and unfolding of the subject then follows the profit and loss statement, the ledger, the special journal, scientific account classification and control. The course also introduces students to costing principles and techniques, to elements of managerial accounting which are used to make and support decision making process.

Principles of Entrepreneurship

This course provides instruction in the basic principles of entrepreneurship including the role of the entrepreneur, entrepreneurship as a career, ethics in business, and the principles of marketing, financing, and managing a business. There is no occupational completion point after the completion of this course. Entrepreneurship is commonly regarded as the pursuit of opportunity beyond the resources apparently to hand. With this maxim in mind, we explore the theory and practice of starting then growing new ventures, where opportunities exist but the pathways to unleash promising outcomes are uncertain. Knowledge and skill development is built by identifying and developing a new business idea within the class, through adaptive execution to generate information by building and testing business hypotheses so to navigate uncertainties. These skills are then used to analyze conditions across various entrepreneurial firms. Topics include the process of entrepreneurial logic, designing business models for value capture and delivery, framing competitive strategy, determining assumptions-based finance needs, understanding different innovation types and managing growth to build stronger ventures.

Foundations of Diplomacy and Diplomatic Work

The course offers you a thorough grounding in diplomatic theory and practice, as well as introductory courses in international relations, political economy, politics and ideology, and public international law. It is suitable for students who have no previous knowledge of diplomacy, politics and international relations. This course offers an overview of the historical evolution and practice of contemporary diplomacy. It begins with analysis of what a modern diplomat currently does, both at home and abroad, set within the context of diplomatic history and theory. The normal practice of diplomacy and the various techniques of international negotiation will be addressed by using both historical and contemporary examples.

Business Communications

Business communication plays a key role in building successful relationships at work. To be considered a valuable team player, it’s very important to master this essential concept. Verbal and nonverbal communication, listening, negotiating, problem-solving, decision-making and assertiveness are all skills that a person should hone to successfully interact in the workplace. Thus, coursework in communication is especially applicable post-graduation.
This course is designed to help you become aware of the processes and theories of business communication within and about relationships that impact our personal and professional lives. Through self-analysis, case studies, practical application, and critique of cultural practices, you will examine the influence of communicative behaviors on personal relationships, groups, and society. Concepts include perception, ethics, emotion, conflict, cultural awareness, power, technology, language, nonverbal communication, social media, and listening. Business Communication is designed to increase your understanding and implementation of effective interpersonal communication behaviors and skills. Throughout the semester we will examine basic verbal and nonverbal concepts affecting the communication process between individuals in various interpersonal contexts. This course requires you to participate in written and verbal activities designed to develop and improve interpersonal skills.
The international aspect of the discipline includes studying in English and focuses on international culture experience, usage of American textbooks and audio/video materials.

Leadership

The primary purpose of this course is to prepare students to become effective leaders. The orientation of the course is leadership in business management, human resourses management, and financial staff management. Based upon theory and practical application, the emphasis of the course features the role of leaders who practice core values, build strong teams, develop people, foster mtivation, nurture vision, improve performance, and produce future leaders. The learning methodology is action and reflection.

Public Relations Management

Managed strategic communications are an integral part of any public relations activity. This course is designed to explore different types of PR activities and management tools for production strategic communication. Attention is given to identifying and formulating right messages and content for relevant target audiences; drafting communication strategy for real cases; developing a dissemination plan through proper communication channels basing on best Ukrainian and world practices. The course will increase students’ understanding of the communication and the role and responsibility as future professionals in using the power of communication.

International Marketing

Business Funding

Business funding refers, on one hand, to the means by which an aspiring or current business owner obtains money to start a new business, and/or develop it into a corporation, and/or purchase an existing business or realize optimal strategy of exit. On the other hand, the same definition refers to a wide range of investors and their different sources of money, different strategies of investments, different disposition to risk and requirements of yield. This course will help the students to look for the optimal ways of matching wants and needs of those who have money and are ready to invest with the necessities of entrepreneurs.
The main task of the course – to provide students with the knowledge of wants and needs of both side and tools to implement optimal for both sides strategy of business funding.

Project Management

To provide students with the understanding of project management through practical and theoretical work. Specific focus on:
• Project management standards
• Value of professional project management
• Aspect of project success
• Understanding project management vectors
• Understanding project life cycle

Financial Management

This course introduces students to basic finance. It provides an overview of the discipline, principles, and key concepts in financial economics. Students learn the important equation, the net present value equation, and they apply it to calculate annuities, mortgage payments, bond market prices, stock market prices, and rates of return. Furthermore, students will learn the currency and commodity derivatives, and the methods to price them. Finally, the origins and problems of the 2008 Financial Crisis are examined in detail.
This course is useful in several ways. First, it helps the student to know how to manage financial resources. Second, it helps students to get better jobs if they seek employment in the business world.

Investments

Diplоmatic Protocol and Etiquette

Protocol is an important part of diplomatic practice linked with history, royalty, religion, culture and language. This course introduces participants to the ceremonial aspect of protocol procedures, behavior of etiquette, rules of courteousness in society, and respect for precedence. It also helps business executives master the basics of etiquette and get a better understanding of multicultural manners.

Qualification Exams:

International Economic Relations 

Business English 

Students are required to complete and defend two Project Papers and to have the Internships. ConcordiaUA students are offered an opportunity to become interns in the field of international economic relations, international economics and international business at prestigious Ukrainian, international and joint companies and organizations with the perspective of obtaining a job there after graduation. During their internship students are supervised by the experienced faculty and company executives.

The following exams are taken for state assessment:

  • International Economic Relations 
  • Business English.

Graduates may hold the positions of leading specialists in various international organizations including Embassies, representatives at international offices, managers or leading specialists of departments of international enterprises (organizations, firms), managers or specialists of import and export departments of state institutions, expert consultants of joint ventures or enterprises related to export-import operations, economists-researchers of research institutes and laboratories of market analysis and forecasting.

Bachelor of International Economic Relations + BBA is structured for 4 years. The student must earn 240 ECTS credits equal to 120 credits by American system.

Benefits
Self Development
Partners
Career

Why Choose Concordia?

Dual diplomas, accredited in the advanced countries of the world, make our students the most competitive specialists in the world.

Practicing tutors who share their experience allow students to dive into practical business environment by providing only relevant information about their future career without wasting time on unneeded things.

Self Development

Concordia University arranges a number of activities aimed into to our student’s development.
– Conferences.
– Lectures by foreign businessmen.
– Sports activities.
– Library.

Our university is in demand among students from all over the world, which gives them the opportunity to exchange the cultural experiences.

Partners

The University of Concordia, integrated into the worldwide business community, has a large number of partners and provides a number of students exchange programs in the most advanced universities in the world.
Partners who are ready to participate in your training are: Concordia University Wisconsin, University of Minnesota, University of Koblenz-Landau, University of Occupational Safety Management, Rutgers University and others. Click here to see all.

Career

Due to the high level of knowledge and practical skills provided by Concordia University, our graduates are taking tge leading positions in international companies such as: Porsche Finance Group, Deutsche Bank Ukraine, L’Oreal Ukraine, METRO Cash & Carry Ukraine, Citibank Ukraine, and also confidently create their own business.

Ukrainian-American Concordia University has trained succesful highly qualified specialists for more than 20 years.