About Us IBS
ABOUT US
…Extending the Silk Road through knowledge…Twitter Facebook
The Department of International Trade and Business Administration was established within the Faculty of Business Administration in 2008 and commenced instruction in the same year. The language of instruction is English, and students also have the opportunity to learn a second foreign language. In this context, the Department of International Trade and Business Administration aims to equip its students with the knowledge and skills that will assist them in their careers in international businesses. In the dynamic and complex international arena, considering the impact of international environmental factors, the Department of International Trade and Business Administration offers theoretical and practical undergraduate and graduate education in interdisciplinary fields such as management and organization, economics, finance, marketing, accounting, law, foreign trade, and international business management, with the goal of enabling students to develop solutions and strategies.
Career Opportunities for Graduates
Graduates of the International Trade and Business Administration Department are employed in all types of companies operating internationally, public institutions related to foreign trade, banking and finance, local and regional commercial organizations, professional organizations such as chambers of commerce, free zones and development agencies.
OUR SLOGAN
The Silk Road, which for centuries connected continents, cultures, and civilizations through foreign trade and played a decisive role in commercial and political relations, represents a historical transportation and communication network formed by trade routes between East and West. Turkey, with all its regions, constitutes one of the fundamental parts of the Silk Road and continues to play a unifying role between Asia and Europe. Although the Silk Road takes its name from the Chinese silk trade, almost everything from gold and ivory to exotic animals, intellectual movements, religions, philosophies, and even various technologies were transported between East and West along this route.
The Silk Road, which forms the extension of the globalization experience in the past, has inspired our slogan with its centuries of accumulated knowledge. In this regard, our aim is to contribute to the field of international business and trade by training professionals, entrepreneurs, and academics, and to carry the Silk Road into the next centuries with knowledge.
MAJOR INFORMATION
Students studying at the department of International Trade and Business can receive a major offered by the program fulfilling the requirements which are in line with their chosen career opportunities. Majors offered by the DEU International Trade and Business undergraduate program are;
- INTERNATIONAL BUSINESS AND MANAGEMENT
- INTERNATIONAL FINANCE AND BANKING
- FOREIGN TRADE
With an intent to declare a major in one of these areas of specializations, in addition to compulsory courses, students must choose – fulfill the requirements of major elective courses delineated for that major. Majors received will be affirmed in graduation diploma supplements. Each student can merely choose one major area.
INTERNATIONAL BUSINESS AND MANAGEMENT
International Business and Management major aims at providing a broad overview of international business management decisions in these rapidly globalized and internationalized markets, and understanding how different legal, political, economic, and cultural environments affect business strategies and strategic decision-making processes in international business arena. In the context of this major program, it is intended to develop the adaptation competencies necessary to design international business strategies regarding the specific conditions of different foreign markets by the implementation of its specific theories, tools, and insights. In this sense, students will be enabled to manage key functions of businesses (strategic planning, human resource management, financial management, marketing management) in international markets with an aim to execute more effectively, possibly taking it in a new direction. A major in “International Business and Management” provides students with a variety of career choices, covering international firms from various industries.
INTERNATIONAL BUSINESS AND MANAGEMENT MAJOR ELECTIVE COURSES
INTERNATIONAL FINANCE AND BANKING
International Finance and Banking major endeavors to provide a broad understanding of financial markets that supports all business functions, the structure and operation of financial markets and the role of financial institutions in modern financial systems. Within the context of this major, it is intended to develop the required skills and competencies necessary to interpret and understand the history of international monetary system, the fundamentals of bank management, foreign exchange markets, parity conditions and balance of payments. A major in international finance and banking provides students with a variety of career choices, including national and international firms from different industries, international banking industries, investment banking, venture capital, real estate, insurance, and corporate finance functions and management consulting.
INTERNATIONAL FINANCE AND BANKING MAJOR ELECTIVE COURSES
FOREIGN TRADE
Foreign Trade major aims at providing a broad understanding of international trade management theories, and tools regarding the differences and similarities in international trade practices across countries, export and import operations management, export market entry modes and strategies, foreign trade financing, physical distribution, documentation of export and import operations, customs and foreign exchange operations with
particular respect to the current customs, foreign trade and tax regulations and practice in Turkey. In that vein, foreign trade major is intended to develop necessary skills and competencies required to comprehend different types of taxes and funds collected at the customs, the general rules and regulations of the EU-Turkey Customs Union, different types of documents and certificates, free circulation applications and rules of origin. A major in foreign trade provides graduate students potential opportunities to be employed in firms operating at international level, foreign trade related government agencies, municipal, regional and local trade agencies, chambers of commerce, free zones, economic development agencies etc.