Department of International Economics, Government and Business

Degree programmes

EGB’s teaching takes place across CBS in the areas of international economics, government and business and addresses the challenges faced by firms, markets and states in a fast-changing world. Departmental faculty direct a range of programs: BSc IB, MSC and GMA (International Business Strategy Minor) and the graduate diploma program (HD) in International Business. In all its teaching work, the department is committed to participative, flexible and blended forms of learning that are of direct relevance to students and CBS’s other stakeholders.

Electives

EGB staff make an important contribution to teaching programmes and courses across CBS and at the Sino-Danish Center for Education and Research (SDC). Alongside the mandatory courses that - taken together - constitute the programmes offered by CBS and the SDC, EGB staff members have also taken the initiative in developing electives at both BSC and MSc level. These are open to CBS students, those from other Danish universities, exchange students from across the world as well as others.

You can find further information about all CBS electives at:

https://www.cbs.dk/en/study/single-elective-and-supplementary-courses

Many of the electives offered by EGB staff consider new issues and challenges and seek to place the study of business within a broader economic, political and social context.

In the Autumn, EGB staff will be offering 12 electives and 3 in the spring. Below you can read about these.

If interested in finding out more about these electives, you can follow the links. If you have questions you can contact the relevant course coordinator.

Autumn courses:

International Business and Sustainable Development [BA-BHAAV6043]
By taking an interdisciplinary approach, this course investigates how multinational enterprises will positively and negatively impact sustainable development in different contexts. The course explores industry-specific and country-specific issues in an international setting.

Doing Business in China and Asia-Pacific [BA-BIBAV1011U]
Asia-Pacific is home to the second and third largest economies in the world, and a region with increasing political and military tensions. This course informs you on how to navigate and develop business opportunities these countries. Specifically, we look at three angles: outside-in (market entry to APAC), inside-in (competing in APAC), and inside-out (APAC investment abroad). We focus on China and Japan as the two largest economies, but also consider Korea, Indonesia, Malaysia, and other APAC economies.

US Business, Politics and the World Economy [BA-BPOLV2302U]
Considers US political processes and the country’s global role. It asks whether the the current polarization and turmoil within the country has weakened the US and reflects upon the consequences for the US itself as well as its allies, partners, and adversaries. And, what do these developments mean for firms and markets?
Video introduction

International Negotiations [KAN-CPOLV2501U]
Managers bargain with superiors, peers, and subordinates; suppliers and customers; competitors and allies. Negotiation is a decision-making process in which two or more actors seek to reconcile their conflicting interests. Effective negotiation can improve outcomes for everyone involved.

In a globalizing world international negotiation has become the operating norm. The ability to act insightfully in complex situations is critical to successful international negotiations. Insightful action is in turn dependent on the managerial ability to accurately assess international negotiating situations.

The goals of the course are to improve students’ negotiating skills by providing a theoretical underpinning that will help them to understand the sources of negotiations. We will use the basic principles of negotiation theory in appraising international negotiating situations. Ensuing discussions will focus on the ways in which concepts and theory inform practice.

MINOR IN RISK MANAGEMENT

The below three elective graduate courses qualify for a cand. merc. Minor in Risk Management that provides students with competencies to assume different risk management roles in private enterprise and public sector entities.

Quantitative Risk Management – An application of machine learning [KAN-CPOLV2506U]
Provides a strong quantitative foundation to identify and assess contemporary risk phenomena using quantitative analytical methods including artificial intelligence (AI) and machine learning (ML). The course both covers traditional quantitative RM areas such as credit risk but also less approached areas such as business risk e.g. churn etc.

Global Strategy – Managing risks and seizing opportunities in a turbulent world
[KAN-CPOLV2508U]
Provides skills to deal with international business exposures, broader global strategy issues, and strategic risk governance challenges building a strong theoretical foundation for critical transformative analyses in global firms.

Strategic Risk Leadership – Engaging a world of risk, uncertainty, and the unknown
[KAN-CPOLV2505U]
Provides a basic grounding in enterprise risk management (ERM) frameworks and practices and develops critical strategic risk leadership capabilities required to operate effectively in complex dynamic risk landscapes.

MINOR IN INTERNATIONAL BUSINESS STRATEGY

The International Business Strategy Minor is designed to provide students with transformative skills essential for enabling organizations to establish competitive advantages and attain market leadership in their global business pursuits. The curriculum encompasses contemporary tools and models pertinent to the strategic management of international business. It addresses critical aspects like internationalization and market entry strategies, including avenues like mergers and acquisitions. The program places special emphasis on how technological advancements, such as artificial intelligence and digital platforms, bolster firms operating in this arena. The curriculum is tailored to equip students with the readiness to confront significant societal challenges, particularly those associated with environmental sustainability (green challenges) and digital transformation. The minor's content draws extensively from the latest research findings. Graduates of this program will possess competencies applicable to diverse organizational contexts, ranging from emerging startups to larger public firms.

The minor consists of the following individual courses.

Leadership and Governance of Multinational Enterprises [KAN-CPOLV2502U]
This course examines how adept leadership and governance structures enhance strategy by facilitating high-quality decision-making and make room for ethical considerations.

Design and Implementation of Global Strategy [KAN-CPOLV2503U]
At the heart of this minor is this course on international business strategy, a signature course that unveils an up-to-date research-grounded framework for crafting, implementing, and executing strategies, underscored by case-based instruction.

Digital Technologies and the Multinational Firm [KAN-CPOLV2504U]
Recognizing the profound impact of technologies like digital platforms and AI on operations and market dominance, the Global Strategy and Technology course delves into how technology bolsters international competitiveness.

Spring Courses:

Green Transition and Business Innovation [BA-BHAAV2276]
This course considers not only energy transition but also broader environmental issues concerning different industries and countries. By doing so, it analyses how firms could contribute to the green transition and examines the challenges they may face.

International Negotiations [KAN-CPOLV2501U]
Managers bargain with superiors, peers, and subordinates; suppliers and customers; competitors and allies. Negotiation is a decision-making process in which two or more actors seek to reconcile their conflicting interests. Effective negotiation can improve outcomes for everyone involved.
In a globalizing world international negotiation has become the operating norm. The ability to act insightfully in complex situations is critical to successful international negotiations. Insightful action is in turn dependent on the managerial ability to accurately assess international negotiating situations.
The goals of the course are to improve students’ negotiating skills by providing a theoretical underpinning that will help them to understand the sources of negotiations. We will use the basic principles of negotiation theory in appraising international negotiating situations. Ensuing discussions will focus on the ways in which concepts and theory inform practice.

Emerging Markets – Societies in transition [BA-BASPV1234U]
The course discusses economic development in emerging markets, with particular focus on the institutional changes that have facilitated high growth in these economies. Processes of transformation and transition will be highlighted – common questions are how institutions have changed, how they contribute to economic growth and development, and how they may act as barriers to change. There will be some emphasis on the larger emerging markets, such as Brazil, Russia, India, China, and South Africa (i.e., the BRICS), but discussions will also cover other developing economies aiming to avoid the poverty trap.

The page was last edited by: Department of International Economics, Government and Business // 04/02/2025