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What is International Business?

International business comprises all commercial transactions (private and governmental, sales, investments, logistics, and transportation) that take place between two or more regions, countries and nations beyond their political boundaries. Usually, private companies undertake such transactions for profit; governments undertake them for profit and for political reasons. It refers to all those business activities which involve cross border transactions of goods, services, resources between two or more nations. Transaction of economic resources include capital, skills, people etc. for international production of physical goods and services such as finance, banking, insurance, construction e.t.c. In other words, businesses that involve two or more countries can be considered an International Business.

Program Code: IBM

Program Duration: 8 Semesters (4 Years)

Certificate Awarded: Siam University Bachelor’s Certificate of Business Administration