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Minor in
International Business

At Richmond, our approach to learning is based on the US educational system, giving you more choice and flexibility.

One way this greater choice is shown is through the options given to students. Alongside your main subject specialism or ‘major’, you can add extra flavour to your degree by taking a ‘minor’, an optional, additional subject which doesn’t need to be related to your major but it could be a subject that you’re passionate about. Or it could give you a competitive edge when it comes to graduation.

The Minor in International Business studies introduces you to business and entrepreneurship, macroeconomics and microeconomics. You then get a chance to develop your knowledge in management and international business.

Please note, this minor is not available for students majoring in Business Management or Marketing.

Programme Structure

An undergraduate may complete the requirements of one major and one minor and receive one US degree. A minor is an optional subject of specialisation within the undergraduate degree, which must be outside of the undergraduate major course of study and consist of at least 18 US /72 UK credits. A minor may not be completed independent of an undergraduate degree.

Undergraduates who add a minor to their major degree programme will normally need to complete more than the minimum 120 US/480 UK credits required for graduation. The normal course load for a full-time undergraduate student is 15-16 US/60-64 UK credits a semester. The minimum full-time undergraduate course load is 9 US/36 UK credits a semester.

Minor in International Business Programme Specification

US Credits

UK Credits

  • MGT 3200 Foundations of Business

    An introductory survey course designed to introduce students to the principles and functions of a business. The various functional areas of business will be discussed, including economic systems, small business, management, human relations, marketing, accounting and finance. The course will also review the role of businesses in society and business ethics.

3 12
  • MGT 3210 World of Entrepreneurship

    The course is designed to help students explore the ‘aspirational journey’ of entrepreneurship - its history, present and future. Students will get the opportunity to understand how the discipline of entrepreneurship started, what constitutes its eco-system and why it has become the focus of advanced, emerging and developing countries simultaneously. Students will learn about the Merchant-Capitalists of the eighteenth century up to and beyond the iconic global brands which were founded during the 2008 global recession. Students will explore the reasons behind the successes and failures of businesses like Segway, Amazon, Spotify and Toyota. They will also read the lives of inspiring leaders and legendary entrepreneurs like Jack Ma, Jeff Bezos and Michael Dell who crafted the world of entrepreneurship. At the end of the course, students will be able to decipher themselves whether they wish to take the path of those who made a real difference in the world.

3 12
  • MGT 4100 Introduction to Management

    This course is designed to provide a foundation of knowledge on the subject of management. We discuss the functions, tasks and responsibilities of managers. The assignments, projects, and exercises are designed to, in addition to providing a deeper understanding of what management is, challenge students to hone their teamwork and business communication skills.

3 12
plus THREE level 5 / 6 INB courses Minimum of 9 Minimum of 36
Minor Requirements 18 72

The University reserves the right to cancel or replace programmes and/or courses for which there is insufficient enrolment or concerns about academic standards, or for which the University cannot provide adequate teaching resources. Reasonable and appropriate effort is made to ensure that the content of courses corresponds with the descriptions in the University’s Programme and Course Listings.

For more detailed information on each of the course specifications, please visit our webpage here.

What is the Liberal Arts?

We understand that not everyone is familiar with the Liberal Arts education system. That is why we have produced a short guide explaining the structure at Richmond as well as the benefits.

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What our students say

A key element of the Richmond experience was that students learn to respect, value and appreciate the diversity of others; something I feel cannot be taught in the classroom.

One of the many reasons I enjoyed my time at Richmond was because of the diversity of backgrounds and personalities of the students. Additionally, I recognized the benefits of small class sizes and the opportunities for creating strong ties with fellow students.

– Vasi Papadopoulos, Business Administration: International Business