Global Business Management / IB BS

Prepare your mindset for global management, finance and marketing! The four-year undergraduate Global Business Management program, delivered in Zagreb, provides students with knowledge and understanding of the main economic functions of international business and of international strategic management. 

800

working hours of co-op minimum 

2

degrees

Awarded to students graduating from undergraduate programs (US degree from RIT and European degree from RIT Croatia).

AACSB

AACSB accredited, the longest serving global association dedicated to advancing management education worldwide, accredits 1000+ of the world’s best business schools across 60 countries and territories 

Overview

Through theoretical knowledge and co-op and internship placements, students are prepared for the complexity of problem-solving in the dynamic global market. The following courses are of key importance: Global Marketing, Competing Globally, and International Finance. The program offers a special insight into the global business environment along with a political, legal, economic, and technological context of international business. Students learn how to take local businesses globally and develop business strategies that will work in markets of different cultural, political, and economic environments. 

All courses are taught in English, offering an international experience that will prepare students for a global career. In addition to improving their technical and business English, students will have the opportunity to learn an additional foreign language, choosing between German, Italian, Spanish, or French, further expanding their career opportunities and enhancing their competitiveness in the global job market.

View the detailed Program Outline

Acquired Skill Set

You will develop the following set of skills and become proficient in: 

  • manage small and medium enterprises, 
  • manage and organize various organizations and their parts, 
  • successfully manage international projects (international management), 
  • plan and execute business plans and strategies for the global market, 
  • manage finances and accounting on the global market, 
  • develop and design products and services, and initiate their launch to the global market, 
  • develop and implement marketing plans for the global market, 
  • apply information technology in business processes, 
  • apply micro and macroeconomics principles in doing business, 
  • make decisions based on statistical data analysis, 
  • understand global business problems, risks, and challenges that companies in a global market face. 

Choose a minor and expand your knowledge about area of your interest

The American higher education system enables students to choose a minor. It is a related set of academic courses that enables students to expand their knowledge in a specific area; for example, you can choose a Psychology minor and combine it with your business courses. 

The benefits of having a minor are multiple; from being visible on a university transcript to enabling a student to develop another area of professional expertise or personal interest and showcase depth in more than one discipline. 

Find out more about minors available for the Global Business Management/IB program.

Connect with us

Inquire for more information Apply now

Careers and Cooperative Education

Typical Job Titles 

Account and Brand Manager Business Development Manager
Consultant Project Manager
Marketing Manager Executive Director

 

Minimum 800 hours of work experience 

What’s different about an RIT Croatia education? It’s the valuable career experience you gain through cooperative education—connecting with leading companies across various industries. You’ll earn more than a degree. You’ll gain real-world career experience that sets you apart. 

The program is focused on hands-on experience from Day 1; therefore students are required to complete a minimum of 800 hours of cooperative education (co-op) or internship placements. This provides students with valuable professional experience and gives them a competitive advantage in launching their careers. At RIT Croatia, students take the lead in securing their co-ops, while we provide strong industry connections through classroom engagement and events. Our students gain experience with both local and internationally renowned companies, learning about global business management from top professionals.

Co-op is usually completed in the summer following the sophomore and junior years. Co-op is planned, monitored, and evaluated by the student, the co-op counselor, and the employing firm. 

Curriculum

View Printable Curriculum

GBM/IB Curriculum

Course Sem. Cr. Hrs.
First Year
ACCT-110
Financial Accounting
An introduction to the way in which corporations report their financial performance to interested stakeholders such as investors and creditors. Coverage of the accounting cycle, generally accepted accounting principles, and analytical tools help students become informed users of financial statements. (This course is available to RIT degree-seeking undergraduate students.) Lecture 3 (Fall, Maymester).
 3
ACCT-210
Management Accounting
Introduction to the use of accounting information by managers within a business. Explores the value of accounting information for the planning and controlling of operations, assessing the cost of a product/service, evaluating the performance of managers, and strategic decision-making. (Prerequisites: ACCT-110) Lecture 3 (Spring, Maymester).
 3
ECON-101
General Education,Global Perspective: Principles of Microeconomics
Microeconomics studies the workings of individual markets. That is, it examines the interaction of the demanders of goods and services with the suppliers of those goods and services. It explores how the behavior of consumers (demanders), the behavior of producers (suppliers), and the level of market competition influence market outcomes. Lecture 3 (Fall).
 3
ECON-201
General Education,Elective: Principles of Macroeconomics
Macroeconomics studies aggregate economic behavior. The course begins by presenting the production possibilities model. This is followed by a discussion of basic macroeconomic concepts including inflation, unemployment, and economic growth and fluctuations. The next topic is national income accounting, which is the measurement of macroeconomic variables. The latter part of the course focuses on the development of one or more macroeconomic models, a discussion of the role of money in the macroeconomy, the aggregate supply-aggregate demand framework, and other topics the individual instructor may choose. (Prerequisites: ECON-101) Lecture 3 (Spring).
 3
MATH-161
Applied Calculus
This course is an introduction to the study of differential and integral calculus, including the study of functions and graphs, limits, continuity, the derivative, derivative formulas, applications of derivatives, the definite integral, the fundamental theorem of calculus, basic techniques of integral approximation, exponential and logarithmic functions, basic techniques of integration, an introduction to differential equations, and geometric series. Applications in business, management sciences, and life sciences will be included with an emphasis on manipulative skills. Prerequisite: C- or better in MATH-101, MATH-111, MATH-131, NMTH-260, NMTH-272 or NMTH-275 or Math Placement Exam score greater than or equal to 45.
4
MGMT-101
Business 1: Introduction to Business Communication, Planning & Analysis
This is the first of a two-course sequence, 4 credit year long experience, comprising the freshman-integrated experience. In Business 1, students will be introduced to the key functional areas of business, discuss current factors, events, and trends that impact business, build professional, personal leadership, communication, and teamwork skills, and evaluate business decisions, and the business plan process. By understanding the key functions of business and analyzing business decisions in Business 1, students will be able to then develop their own business ideas in Business 2.Co-requisite: MGIS-101 or equivalent course).
 3
MGMT-102
Business 2: Business Planning and Professional Development
This course, the second course in the First-year Business Sequence, applies technology tools to create well defined and complete business plans. Students will develop websites and other marketing and process tools to take their business concept outlined in Business 1 to a final business plan for review with an outside board. (Prerequisites: MGMT-101 or equivalent course.) Lecture 3 (Spring).
 1
YOPS-10
RIT 365: RIT Connection
RIT 365 students participate in experiential learning opportunities designed to launch them into their career at RIT, support them in making multiple and varied connections across the university, and immerse them in processes of competency development. Students will plan for and reflect on their first-year experiences, receive feedback, and develop a personal plan for future action in order to develop foundational self-awareness and recognize broad-based professional competencies. Lecture 1 (Fall, Spring).
 0
General Education - Natural Science Inquiry Perspective 3
General Education - Electives 6
General Education - First Year Writing (WI) 3
Second Year
FINC-220
Financial Management
Basic course in financial management. Covers business organization, time value of money, valuation of securities, capital budgeting decision rules, risk-return relation, Capital Asset Pricing Model, financial ratios, global finance, and working capital management. Prerequisites: (ECON-101 or ECON-201) and ACCT-110 and (STAT-145 or STAT-251 or CQAS-251 or MATH-251 or MATH-252 or STAT-205).
 3
MGMT-215
Organizational Behavior
As an introductory course in managing and leading organizations, this course provides an overview of human behavior in organizations at the individual, group, and organizational level with an emphasis on enhancing organizational effectiveness. Topics include individual differences, work teams, motivation, communication, leadership, conflict resolution, organizational culture, and organizational change. (This class is restricted to undergraduate students with at least 2nd year standing.) Lecture 3 (Fall).
 3
MKTG-230
Principles of Marketing
An introduction to the field of marketing, stressing its role in the organization and society. Emphasis is on determining customer needs and wants and how the marketer can satisfy those needs through the controllable marketing variables of product, price, promotion and distribution. (This class is restricted to undergraduate students with at least 2nd year standing.) Lecture 3, (Fall).
 3
SCBI-035
Careers in Business
This course consists of a series of workshops designed to introduce business students to the skills needed to be successful in job and coop searches and applications to graduate schools. Students will establish their career goals, create material (e.g., resume, cover letter), and acquire skills needed to achieve these goals. (AL2,3,4-DegS) Lecture 15 (Fall).
 0
STAT-145
General Education,Mathematical Perspective A: Introduction to Statistics I
This course introduces statistical methods of extracting meaning from data, and basic inferential statistics. Topics covered include data and data integrity, exploratory data analysis, data visualization, numeric summary measures, the normal distribution, sampling distributions, confidence intervals, and hypothesis testing. The emphasis of the course is on statistical thinking rather than computation. Statistical software is used. (Prerequisite: MATH-101.) Lecture 3 (Fall, Maymester).
 3
STAT-146
General Education,Mathematical Perspective B: Introduction to Statistics II
This course is an elementary introduction to the topics of regression and analysis of variance. The statistical software package Minitab will be used to reinforce these techniques. The focus of this course is on business applications. This is a general introductory statistics course and is intended for a broad range of programs. (Prerequisites: STAT-145 or equivalent course.) Lecture 6 (Spring, Summer).
 4
INTB-225
General Education,Elective: Global Business Environment
Being an informed global citizen requires an understanding of the global business environment. Organizations critical to the development of the global business environment include for-profit businesses, non-profits, governmental, non-governmental, and supranational agencies. This course introduces students to the interdependent relationships between organizations and the global business environment. A holistic approach is used to examine the diverse economic, political, legal, cultural, and financial systems that influence both organizations and the global business environment. (This course is available to RIT degree-seeking undergraduate students. Lecture 3 (Spring).
 3
MGIS-130
Information Systems & Technology
To be successful in our globally-networked business environment, contemporary management professionals must have a strong grounding in the principles of information and information technology. This course provides an introduction to the field of management information systems (MIS), including the tools and techniques for managing information and information technologies within organizations. We place a particular emphasis on the nature of systems, the role of information in business processes, the management of data, and the planning of MIS design projects. Lecture 3 (Spring).
 3
MGMT-499
Management Co-op (summer)
One semester of work experience in management.
0
General Education - Immersion 1, 2 6
Open Elective 3
Third Year
COMM-253
Communication
An introduction to communication contexts and processes emphasizing both conceptual and practical dimensions. Participants engage in public speaking, small group problem solving and leadership, and writing exercises while acquiring theoretical background appropriate to understanding these skills. Lecture 3 (Fall).
 3
BANA-255
Data Literacy, Analytics, and Decision Making (General Education)
This course serves as an introduction to the uses (and potential misuses) of data in a wide variety of social settings, including the exploration of contemporary techniques to analyze such data. Data acquisition, cleansing, management, analysis, and visualization will be addressed through hands-on projects. Project work will include contemporary social problems addressed using a dynamic set of resources and technologies. An emphasis will be placed on how insights gleaned from data analysis can be used to guide individual and group decision-making scenarios.
3
MGMT-340
General Education-Ethical Perspective: Business Ethics and Corporate Social Responsibility
This course applies concepts of ethics to business at the macro level and at the micro level. At the macro level the course examines competing business ideologies exploring the ethical concerns of capitalism as well as the role of business in society. At the micro level the course examines the role of the manager in establishing an ethical climate with an emphasis on the development of ethical leadership in business organizations. The following topics are typically discussed: the stakeholder theory of the firm, corporate governance, marketing and advertising ethics, the rights and responsibilities of employees, product safety, ethical reasoning, business's responsibility to the environment, moving from a culture of compliance to a culture of integrity, and ethical leadership. This class is restricted to undergraduate students with at least 2nd year standing.
 3
DECS-310
Operations Management
A survey of operations and supply chain management that relates to both service- and goods- producing organizations. Topics include operations and supply chain strategies; ethical behavior; forecasting; product and service design, including innovation and sustainability; capacity and inventory management; lean operations; managing projects; quality assurance; global supply chains; and the impacts of technology. (Prerequisites: STAT-145 or MATH-251 or equivalent courses.) Lecture 3 (Spring).
 3
ISTE 764
Project Management
Information technology projects require the application of sound project management principles in order to be developed on time, on budget, and on specification. This course takes students through the nine knowledge areas of modern project management and the utilization of project management principles in both traditional and agile environments.
3
MGMT-499
Management Co-op (summer)
One semester of work experience in management.
0
General Education - Social Perspective 3
General Education – Immersion 3 3
General Education – Elective 3
Global Business Management Elective 3
Open Elective
Fourth Year
MGMT-560
Strategic Management
A capstone course drawing upon major business functions, accounting, finance, marketing, operations management, and organizational theory, and how strategic managers integrate functional theories and concepts to create competitive advantage. The course provides an integrated perspective of business organizations toward the achievement of enhanced profitability and a sustainable competitive advantage. Topics include the analysis of business environments, industry attractiveness, and competitive dynamics. Students learn how to formulate and implement effective business-level, corporate-level, and global strategies using theories, cases, and a simulation. (Prerequisites: MGMT-215 and MKTG-230 and FINC-220, and DECS-310 or equivalent courses.) Lecture 3 (Fall).
 3
MGMT-310
Leading Cross-Cultural & Virtual Teams (WI-PR)
Taught in an experiential, team-based format, this class focuses on leading cross-cultural and virtual teams, with an emphasis on developing strong team dynamics for effective performance in a global environment. Thus, class topics will center around understanding team development and leading teams, while considering varying relevant factors such as cultural differences, virtual communication, managing conflict, and team climate/trust, among others. The course will provide hands-on experience in leading and participating in teams, as students will be assigned to a team and will take on different roles, including team leader. When possible, the class includes a virtual team project with students at RIT’s global campuses.
3
INTB-550
Competing Globally
This course explores the opportunities and challenges businesses encounter creating and capturing value in the global environment. Areas of emphasis include: forecasting markets; why firms globalize; analyzing global competitors; the degree of globalization or regionalization; creating value for the firm globally which includes entry mode management, location decisions and timing, role of technology; and how to operate.
 3
HRDE-386
Human Resources Development
A one-semester, three-credit course in human resource development provides the prospective manager practical information on methods to enhance the productivity, quality, and effectiveness of an organization through the creation of an environment where individual and collective performance and development has primacy. The course requires students to assimilate course material related to the following: to organizational strategy, systems thinking and legal compliance; workforce development, career development of employees; individual development and training; measuring outcomes; human resource processes and effective communications.  Students integrate theoretical classroom concepts with practical knowledge and work experiences. As part of the course: students continually practice effective communication skills; students may work in teams; and are expected to engage in critical and innovative thinking.  Students' understanding of human resource development is intended to help them enhance organizational effectiveness through implementing processes designed to develop and train employees.
3
General Education – Artistic Perspective 3
General Education – Scientific Principles Perspective 3
Global Business Management Elective 6
Open Electives 6

Admission Process

Learn about RIT Croatia's admission process

Faculty

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Internationally recognized diplomas and high educational standards

Upon completion of the program, students will be granted two diplomas, an international American Bachelor of Science (BS) degree awarded by Rochester Institute of Technology and a Croatian degree from RIT Croatia with the degree title prvostupnik/prvostupnica (baccalaureus/ baccalaurea) međunarodnog poslovanja for the Global Business Managment/IB program, earning 240 ECTS points. Dual degrees provide additional opportunities for our graduates and increase their chances of employment throughout the European Union and the world.

Programs and curriculum at RIT Croatia are fully aligned with the high standards of education at Rochester Institute of Technology*.  

*Rochester Institute of Technology is accredited by the Middle States Commission on Higher Education, 3624 Market Street, Philadelphia, PA 19104(267-284-5000). The Middle States Commission on Higher Education is an institutional accrediting agency recognized by the U.S. Secretary of Education and the Council for Higher Education Accreditation. 

Testimonials

  • Milivoj Markovic

    The Business Administration: International Business program is tailored to equip aspiring students with the capabilities needed to excel in the challenging world of regional and global business. Through case study analysis and problem-based learning, students will actively engage in tackling real-life challenges using up-to-date analytical techniques and data analysis tools. Whether you see yourself in a corporation or as an agile entrepreneur, this program will help you develop your ideas.

    Dr. Milivoj Marković
    Professional Studies Professor
  • Iva Condic Jurkic

    Studying at RIT Croatia is much more than getting a cutting-edge business education – it’s about gaining applicable knowledge and skills to meet challenges of tomorrow. While cherishing the culture of engagement and collaboration, we empower our students to build intellectual and social strength to become problem solvers and carriers of new innovative ideas.

    Dr. Iva Čondić-Jurkić
    Senior Lecturer
  • Matea Grbešić

    During my studies at RIT Croatia, we had a lot of projects, case studies, team works, etc., and it helped me learn to think critically and improve my problem-solving skills, communication skills, and analytical skills. That approach has also instilled in me a strong work ethic, which is crucial in my career development.

    Matea Grbešić
    Alumna, Class of 2017
  • Lucija Hrastic cropped

    While studying at RIT Croatia, I did my second internship in Japan in EY. I did my first internship in a financial consortium, called JIAM, that helps source B2B solutions for Japanese asset managers. I wanted to work in an international corporation and gain experience in areas of interest for my career development. Furthermore, an internship in Japan opens up doors for future employment opportunities especially if you are in a company such as EY, one of the global leaders in accountancy and consultancy.

    Lucija Hrastić
    Alumna, Class of 2020
  • Samanta Skenderovic cropped

    It's amazing how much study abroad can provide for your personal development, open your mind, help you see things from a completely different perspective, connect you with amazing people and cultures from around the world, help you find your way into education and later careers, change attitudes, embrace change. I was surrounded by a wide variety of people from all over the world, learned a lot about the profession itself, and with the fantastic professors and external lecturers/guest lecturers, I received the knowledge and advice I needed to progress. Countless wonderful things!

    Samanta Skendrović
    Erasmus study exchange at Brno University of Technology, Czech Republic
  • Lucile and Clara cropped

    Our experience at RIT Croatia had been awesome. We felt very welcomed and always had a great support from the staff. The school itself has a great reputation throughout the world, and the courses are high quality: you really feel like you learn something that will lead you to great opportunities. Croatia is a beautiful country and very central which gives you the chance to travel through eastern and south east Europe and discover so many other cultures. We don't regret our choice and would stay longer if we could!

    Lucile Provain & Clara Satish Kumar
    Erasmus study exchange at RIT Croatia, Zagreb campus
  • Petar Klaric cropped

    My whole Erasmus experience was a truly invigorating sequence, for my new life obligations and challenges. My work experience abroad created a new dimension of cultural understanding applied in business and in general. Also, my language skills just blossomed! I would most certainly recommend Erasmus to fellow students who have the opportunity to travel and work, just to expand their mindset and broaden their horizons a bit!

    Petar Klarić
    Erasmus traineeship in Cadieux S.A.S.U., France
  • Martina Perić

    One of the benefits that I enjoy having during my college period is a number of scholarship opportunities. I was a beneficiary of two different ones - the one for high school success and annual merit scholarship recognizing your dedication to your studies and the organization in previous year. For me, it was an additional confirmation that the college goes out if their way to appreciate not only academic excellence, but volunteering and overall contribution to the whole RIT Croatia community.

    Martina Perić
    Alumna, Class of 2022
  • Eni Hoyka

    My knowledge of marketing, finance, management and related areas has exponentially increased since I enrolled at RIT Croatia. Each course I took gave me infinite possibilities to apply acquired knowledge in everyday and business life. Moreover, this college has helped me become the person I have always wanted to be, helping me to further develop my knowledge and skills. This led me to a position in which employers are looking for me.

    Eni Hoyka
    Alumna, Class of 2018
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