Online Master of International Business International Business

• The MIB program aims to produce top notch specialist talent that is highly competitive in the global marketplace. It is a highly dynamic, rigorous, and relevant program taking an innovative, multidisciplinary approach to the current realities shaping global business.
  
  
• The MIB program targets professionals who are already employed, recent graduates, self-employed, or seeking to boost their potential by learning the essential skills required to conduct business in today’s global economy. We are also interested in career changers who would like to start their career in international business, or those who want to advance their career by obtaining IB knowledge and skills unavailable to others. The MIB is useful even for those not working for multinational companies, as it provides a set of skills valuable in every part of today’s diverse, globalized economy.
  
  

FIU's Alvah H. Chapman Graduate School of Business is AACSB-accredited. AACSB-accredited schools have the highest quality faculty, relevant and challenging curriculum, and provide educational and career opportunities that are not found at other business schools. Find out more about AACSB accreditation.

Students enrolled in graduate programs through the Alvah H. Chapman Graduate School of Business, and alumni, have access to Career Management Services. Self-assessment tools that enhance continuing development, evaluation and implementation of your personal career plans, individual student advising, résumé referrals, and much more are offered.

As an elite graduate program in international business, our Master of International Business builds upon your prior education and experience, developing and strengthening your specific competencies in international business management. Every course is taught from a global business perspective.

Semester 1

Part 1

Fundamentals of International Business 

This course examines the basic concept and theories of international business, particularly those that make doing business across borders a unique business activity. Various theoretical frameworks will be discussed, including theories of the multinational enterprise, international trade and economics, and foreign investment. Students will gain an understanding of why the phenomenon of international business exists, in different forms, and of the role of the multinational enterprise in international business activities.

Global Megatrends, Geopolitics, and Political Economy 

This course examines recent global megatrends and the history of political developments and contemporary political order across nations, regions, and the global economy. The emphasis is on the implications of political order and relations, current sites of geo‐political tension, political power, and foreign policy for doing business across borders. An interdisciplinary approach ‐ including political economy, geography, history, international relations, international business, economics, and sociology ‐ is taken to examine the opportunities, challenges, and skills associated with navigating an international enterprise in the complex sociopolitical landscape of the modern global economy.

Part 2

Contextual Intelligence in International Business  

This course will help students develop contextual intelligence specifically for international business issues and obtain tools required to become an effective manager in the global business landscape.

Semester 2

Part 1

Global Start-Up 

This course will analyze strategies for starting and growing a new global venture. The emphasis is on rapid expansion and matching new business models to country‐specific markets, talent, financial capital, and professional networks. Students will examine new venture ecosystems in developed and developing countries and compare these for market growth opportunities. Students will conduct a feasibility analysis of a new product or service which will include the business concept, opportunity recognition, developing a workable business model, accessing human and organizational resources, and applying these concept across borders, in multiple countries. There will be specific emphasis on social innovation as the driver of global growth.

Corporate Negotiations

An examination and analysis of corporate negotiation strategies in such areas as collective bargaining, mergers, joint ventures, and with government regulation agencies. The legal environment affecting the negotiated process will be closely scrutinized, as well as internal and external political processes.

Part 2

Global Strategy and Business Models

This course introduces students to concepts, and tools that will enable them to appreciate, and learn to address the challenges associated with managing a multinational corporation in a rapidly changing global environment. The course is taught using the case method and emphasizes strategy and business model formulation, decision making and implementation given the diverse environmental and institutional constraints.

Master's Seminar in International Business (International and Local Trip)

International Trip: This mandatory trip is an integrated program of learning conducted in a foreign business environment. The course is designed specifically for international business professional and is key to understanding the economic, political, and cultural factors shaping business in and across countries. The international trip is one of the highlights and exciting components of the MIB program and serves to enrich students’ knowledge of international business through experiential learning in a foreign country.

Local Trip: This optional trip is an integrated program of learning conducted in the greater Miami area. The course is designed specifically for international business professional and is key to understanding the economic, political, and cultural factors shaping business in and across countries. Miami is a prime location for international business. As the bridge between Latin America and Asia, a global trade hub, and a highly diverse cultural space, Miami offers an ideal environment for learning about international business. This local trip is unique to the MIB program and serves to enrich students’ knowledge of international business through experiential learning.

Semester 3

Master's Project in International Business

This graduate level course provides you with hands-on experience in working with real problems with a real customer client. You will be part of a team that works on a major, complex issue faced by a client customer. The goal of the Masters Project Course is to help you to apply the knowledge and competencies you have developed in the Masters of International Business Program.

The program includes two elective courses that students will need to take. It is the students decision to determine which semester they want to take the electives. Elective offerings will be provided to the students on a semester basis from other Graduate Business programs.

The MIB program offers several PDS opportunities for our students to gain experience and knowledge outside of the typical classroom setting. There two PDS’s that students are required to take for successful completion of the program. Students will complete an MIB Prep Workshop and Career Services PDS prior to the end of the first semester. You will also have the option of completing a Lean Six Sigma Yellow Belt certification course. We will be updating this page with any future PDS opportunities for students. 

MIB Prep Workshop

Upon enrollment in the MIB Program, our students participate in a mandatory preparatory workshop. If you do not have an academic background in business, the material in this workshop will teach you the basics in business functions and economics to better equip you with the knowledge to succeed in the program. For students who have a background in business, it will serve as a refresher. This workshop will also help you become familiar with the online learning tool, Canvas, which you will have to use for most of your courses. Some of the material for this workshop is free and some is available for purchase at a nominal cost.

Career Services PDS – BCM6000

Students will have access to their own career counselor, dedicated to helping them develop and strategize their career-growth journey. Students will be required to participate in a fully-online, career-management seminar (BCM 6000) where they will be introduced to their career counselor, proven job search and resume-building techniques, as well as online tools exclusively available to College of Business students.

Lean Six Sigma – Yellow Belt Certification

Students will be offered a one-time option to be enrolled in the Lean Six Sigma – Yellow Belt certification, free of charge. Students will be registered as a group by the MIB team. This is a potential cost savings of thousands of dollars if the same instruction was given in the private sector.

To ensure every student’s success, we have certain admissions requirements for each of our programs. To help you through the application process, our enrollment advisors are here to answer your questions and guide you every step of the way.

For application inquiries, contact us:
Phone: 305.348.3125 or 1-(855)-FIU-Online
E-mail: onlineprograms@fiu.edu

Admissions Requirements

• Four-year US bachelor's degree or equivalent from an accredited institution.

• Be in good standing with all previously-attended colleges and universities.

• Undergraduate grade point average (GPA) of 3.0 or higher for the last 60 hours of upper division coursework.

• If you are an international student living outside the U.S., you do not need an F-1 student visa to complete the program. You may complete the program completely online at your home country.

• Have two years of professional work experience.

  • Professional experience is determined on a case-by-case basis using a resume and any requested supporting documents. Our admissions committee evaluates an individual's accomplishments, roles, and responsibilities to determine the total number of years of professional experience. FIU considers the individual's managerial responsibilities, role in setting direction and strategy, and his/her role in allocating resources. Normally, professional experience begins at the point of graduation; however, FIU may consider prior work experience based on the type of experience.
    
    

Admissions Documents

• Online graduate programs application form ($30). Be sure to select the 'International Business Online' concentration. 

• Official transcripts from all previously attended universities and a copy of the diploma is needed if the degree is not posted on the transcript. Official transcripts/translations must be submitted directly by the respective institution(s) in electronic format or mailed in a sealed institution envelope to:

• Resume provide a detailed and current resume outlining your professional work experience with dates and degrees earned. Internships and part-time employment may be included.

• Official GRE or GMAT passing scores (if professional experience requirement is not met). You must earn a score of at least 500 on the Graduate Management Admission Test (GMAT)or at least a 304 on the Graduate Record Exam (GRE). Scores are considered official when sent by testing center. When requesting official scores, please refer to school code 5206. GRE/GMAT scores are valid for 5 years. A GMAT waiver at the discretion of the academic director is available for:
  
  
  • Applicants with two years of demonstrative work experience and success in completing other academic programs.
    
    
  •  Applicants who have an undergraduate business or related degree (economics, hospitality management, etc.) with an upper division grade point average (GPA) of 3.25, or higher.
    
    
  • Applicants without a business or related degree having an upper division grade GPA of 3.35, or higher. 
    
    
  • If the applicant has already completed a graduate degree from an accredited university with a minimum grade point average (GPA) of 3.0, or is entering a business master's program under a special agreement for admissions with specific foreign and domestic universities.
    
    

• Statement of Purpose - Short essay that describes why you want to obtain an advanced international business education, and how the MIB program fits within your personal and career goals.

• Video - As part of the admission process, a video is required. Please create a video discussing the following:
  
  
  • Tell us about yourself.
    
    
  • Why you are interested in the MIB program?
    
    
  • Why at FIU?
    
    
  • Career plans or goals for the next 5-10 years
    
    
• Florida residents provide two documents confirming you have maintained residence in Florida for the past 12 months. Please view affidavit form and list of acceptable documents here.
  
  
• 2 Letters of Recommendation - Must be from academic and/or professional references and must include contact information.
  
  

International Students 

• Official TOEFL/IELTS: If you earned a bachelor’s degree in a country whose official language is not English, you must demonstrate English proficiency by taking either the TOEFL or IELTS. Minimum scores for the TOEFL is 550 paper based, 213 computer-based. Minimum score for the IELTS is 6.5. When requesting official scores, please refer to FIU Institution code 5206. Note: TOEFL /IELTS scores are valid for two years.

• Official transcripts translation: If official transcripts are not in English, a second copy of the transcript must be requested for translation by an official translation agency. Both the official translation, as well as the original transcripts, must be submitted to FIU.

• A copy of diploma (an official copy may be requested in certain cases)

Note: Only those applicants who have submitted complete application packets will be considered. Meeting the minimum requirements is not a guarantee of admission.

Pursuing your degree is one of the best investments you can make — one that will open doors to personal and professional opportunities. Our tuition costs represent some of the best value in higher education, and we also offer financial aid support you need to reach your goals.

The total cost of the Master of International Business is $33,000 for Florida residents, non-Florida residents, and international students. Students pay for courses at the beginning of each semester. Please note, tuition and fee amounts vary by term and all amounts stated are subject to change.

Once a candidate is accepted into the online MIB program, he or she will be required to submit a $200 admission deposit, which will be applied toward the total program cost. This deposit is non-refundable.

Financial Aid - https://business.fiu.edu/graduate/international-business/financial-aid.cfm 

Scholarships - https://business.fiu.edu/graduate/international-business/scholarships.cfm

The MIB program will offer two competitive scholarships for the incoming Fall 2021 cohort.  

The high-potential scholarship

This $5,000 scholarship rewards individuals who have shown exemplary academic and professional achievements prior to entering the MIB program.

To be eligible for the scholarship: 

• Individuals must be admitted to the MIB program (Fall 2023)
• Demonstrate a minimum upper-division GPA of 3.40 in their undergraduate degree
• A one-page statement detailing all relevant accomplishments as to why you merit this scholarship
• At least two years of work experience, demonstrated leadership experience, and prior attainment of other graduate degrees are desired but not necessary

Dual degree students, students admitted via international agreements, and students transferring credits are not eligible for this scholarship.

The scholarship application and all relevant documents should be submitted to MIB@fiu.edu prior to the start of the program. Scholarships are not retroactive. The scholarship is not transferable and there shall be no changes or substitutions.  

Students can only qualify for one program scholarship while completing the program. Per FIU guidelines, a student receiving the High Potential Scholarship cannot go on to then receive the High Performance Scholarship later in the program.

To download the application form for this scholarship, please click here

The high-performance scholarship

As part of our commitment to excellence, this scholarship of $2,000 rewards individuals who have shown exemplary academic performance in the MIB program. This scholarship reflects our dedication to our students and serves to inspire our students to commit to their studies.

Based on the cumulative GPA across the core courses of the program’s curriculum (except for the Master’s Project Course), the top 10% of each cohort will receive this scholarship. Dual degree students, students admitted via international agreements, and students transferring credits are not eligible for this scholarship. 

There is no need to apply for this scholarship. The evaluating committee automatically reviews GPAs and awards this scholarship. Scholarships are not retroactive. The scholarship is not transferable and there shall be no changes or substitutions. 

All scholarships are subject to change, availability, and evaluation by a committee.

Students can only qualify for one program scholarship while completing the program. Per FIU guidelines, a student receiving the High Potential Scholarship cannot go on to then receive the High Performance Scholarship later in the program.

Academic Works

FIU offers Academic Works, a website that matches students with relevant scholarship opportunities.  Find the one that’s right for you!  Academic Works is an online scholarship application tool where FIU students can browse and apply for more than 100 scholarships, made possible by the generosity of FIU alumni and friends.  Students can apply after they are matriculated into one of our programs.  For more information visit https://give.fiu.edu/business-governance/scholarships.

Other Resources

There are other third party resources that prospective students can access while researching on how to pay for school.  Below are various links that provide more information on financial aid and scholarship opportunities:

• FinAid
• FastWeb
• BigFuture

Federal Financial Aid

For information on Federal Financial Aid and the Free Application for Federal Student Aid (FAFSA), please visit our financial aid page.

Our faculty are nationally and internationally recognized scholars, exercising leadership roles in professional associations/organizations and editing some of leading journals in their fields.

https://business.fiu.edu/graduate/international-business/faculty.cfm

Mark Crofton
SAP, Global Vice President, SAP Sales Coaching

Nelson Barreira
UBS, Vice President-Investments

Thomas Avazian
Bank of America Merrill Lynch, Managing Director

Margalit Edelman
Novartis, Director, Latin America Public Affairs

Frank Santeiro
Conference of Latin American Express Companies (CLADEC), Senior Advisor; formerly, FedEx, Managing Director, Global Trade Services, Latin America & Caribbean  

Juan Pablo Jimenez
Kushki, Chief Commercial Officer; formerly, Citrix, VP Citrix Latin America 

Diego Barral
Formerly, Clorox, SVP General Manager 

Mariana Saintive Sousa
WPP, Plc., Global Director, People Listening

Claudia F. Brabata
Director, Market Access & Public Affairs - Latin America at Medtronic

Karl Muhlberger
The World: Residences at Sea, Chief Operations Officer; formerly, Crystal Cruises, Chief Operating Officer 

Mariano Dall'Orso
Western Union, Global Product Officer/GMT

Rossana Tabares
Talent Strategies, Managing Partner

Robert Q. Lee
Brennan, Manna, and Diamond Law, Partner 

Joe Chi
China Latin America Trade Center, CEO

Susan Amat
Venture Hive, CEO

John Price
Americas Market Intelligence, CEO

Thomas (Tigre) Wenrich
LAB Miami, CEO, LAB Miami Ventures

Jan Kuppen
Marketing Director, Porsche Latin America

Edgardo Pappacena  (faculty liaison)
CEO/President, Cani Investments, LLC and Adjunct instructor, FIU