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A380A7000 International Business Essentials, 6 cr 
Code A380A7000  Validity 01.08.2019 -
Name International Business Essentials  Abbreviation International B 
Credits6 cr   
TypeBasic studies  
  Grading scaleStudy modules 0-5,P/F 
  Eligibility for post-graduate studiesno
    Allowed to study several timesno
Organisation LUT School of Business and Management 

Igor Laine 
Juha Väätänen 

Description by Study Guide

Location: Lappeenranta

This course is available only for the students of bachelor programs of LUT School of Business and Management.


B.Sc. (Econ. & Bus. Adm.) or B.Sc. (Tech.) 2, 3



Teaching Language 


Teacher(s) in Charge 

Post-doctoral researcher, D.Sc. (Econ. and Bus. Adm.) Igor Laine
Professor, D.Sc. (Tech.) Juha Väätänen


After successful completion of the course, students should be able to:
1. understand the notion and key concepts of international business
2. describe and discuss major theories of international business
3. identify and evaluate strategy and competitiveness in international business
4. understand and justify major decisions in international business, including decisions on market selection and entry modes
5. discuss major features of global marketing program and recognize characteristics of international business relationships


International business theories. International competitiveness. Regional economic integration. International business strategy. Market selection and entry modes in international business. Global marketing. International business relationships and networking.

Teaching Methods 

15 h of lectures, 14 h preparation for lectures, 20 h assignments, 40 h written report, 3 h peer group evaluation, 14 h course literature and self-study, 50 h exam preparation. Total 156 h.

Examination in Examination schedule (Yes/No) 


Examination in Moodle (Yes/No) 


Examination in Exam (Yes/No) 


Assessment scale and assessment methods 

0 - 5. Exam 40 %, written report 35 %, peer group evaluation 5%, home-work assignments 20%. Each of the components has to be passed acceptably.

Course Materials 

Cavusgil S.T., Knight G., Reisenberger J., 2017, International Business: The New Realities (4th edition), Harlow, UK: Pearson Education Ltd. Additional materials will be announced in class and in Moodle.

Limitation for students? (Yes, number, priorities/Leave empty) 

Yes, 75

Places for exchange-students? (Yes, number/No) 


Places for Open University Students?(Yes, number/No) 

max 5


Current and upcoming courses
No teaching events

Upcoming exams
Functions Name Type cr Teacher Timing
  International Business Essentials  EXAM  Igor Laine,
Juha Väätänen 
24.03.20tue 16.15-19.15