+90 392 600 16 16
+90 392 600 16 16
Faculty of Business And Economics

International Trade & Business Program

International Trade & Business Program

The International Trade and Business Program is designed to educate international trade and business specialists who have a global perspective, draw strength from local resources, think strategically, and are self-starters, competitive, and team players. The curriculum of this program, which was developed with an interdisciplinary perspective, provides students with a strong foundation in business administration, economics, finance, international commerce, and marketing. Our students who have been exposed to a multicultural environment are equipped with a comprehensive set of skills that will enable them to work as specialists and managers in national and international businesses, development and finance organizations, and scientific research institutes.

Program graduates will be equipped with all the knowledge, skills and competencies that comprise the program learning outcomes (PLOs) to successfully join the business work environment.

Department Contact Info

International Trade & Business Program

Abdi Cavus St. Walled Old City – Nicosia / North Cyprus
P.O. Box 139 Via Mersin 10 – Turkey.

+90 392 600 16 16
[email protected]

Mon – Fri 8:30A.M. – 5:30P.M.

Social Info

Student Resources

General Information
Goal & Objectives
Career Opportunities
Program Learning Outcomes

General Information

Program Title

International Trade and Business

Final Qualification

Bachelor of Arts

Projected Study Time

4 years

ECTS Points

240 ECTS

Language of Study


Mode of Study

Full Time (Face to face)

Goal & Objectives

The major objectives of the program are as follows: 1. Recognize the vital need of functional area coordination as the economy, technology, global competitiveness, and consumer decision-making continue to develop. 2. Adequately address the dynamic changes in the economy as they impact business choices. 3. By analyzing business and business conduct from a number of perspectives, develop a comprehensive understanding of them. 4. Recognize the ethical difficulties and corporate responsibilities that companies and individuals face, as well as the importance of testing data measurement and management assumptions. Students will graduate with the requisite competences to pursue Master’s degrees.

Career Opportunities

The International Trade and Business degree program is designed to educate students theoretically and practically in order to prepare them to adapt to growing global work markets. International Trade and Business Program offers students with the standardized knowledge and experience necessary to pursue well-compensated careers. Our graduates may pursue the following professional routes following graduation: international business consultant, management analyst, business development, sales manager, management consultant, or project manager.


Upon successful completion of the program, graduates are able to:
1. Demonstrate general knowledge of the nature of business and entrepreneurship in global context.
2. Explain the types of ownership and forms of organizational structure, the nature of operations management and managing quality.
3. Identify factors within international trade that influence businesses.
4. Evaluate a small business from owner’s perspective and propose course of actions.
5. Analyze demographic, technological, and economic trends that are affecting the future growth of businesses.
6. Illustrate the elements involved in planning and designing operation systems.
7. Basic knowledge and understanding of ethical issues and socially responsible behaviours in business.
8. Apply critical thinking, creativity, teamwork and leadership skills in professional business environment.
9. Develop effective oral and written communication skills in business.

Program Learning Outcomes

Program graduates will be equipped with all the knowledge, skills and competencies that comprise the program learning outcomes (PLOs) to successfully join the international trade and business work environment. Upon successful completion of the program, graduates are able to:

  1. Demonstrate a broad understanding of the international trade and business landscape in a global perspective.
  2. Describe the various kinds of international organizational structure, the nature of operations management, and quality management.
  3. Identify the variables affecting trade in international commerce.
  4. Evaluate a various international trade and businesses and provide recommendations for improvement.
  5. Examine demographic, technical, and economic issues impacting international trade and business.
  6. Demonstrate the components of business system planning and design.
  7. Fundamental knowledge and comprehension of ethical problems and socially responsible corporate practices.
  8. Demonstrate critical thinking, creativity, collaboration, and leadership abilities in a professional international business setting.
  9. Improve corporate communication abilities through excellent oral and written communication.

Course Curriculum

Course Curriculum

Course Description


Academic English I course covers the following topics: Development of writing and speaking skills; Improvement of Reading skills; English language structures; Lexis; Improvement of Report Connecting critical thinking with language skills; Incorporating technologies to improve English learning; Introduction to model reporting; Finding and searching information sources; References; Proposal and outline; Introduction and report layout; Oral presentation input; Abstract and conclusion.


Mathematics for Social Sciences course has the following course content: First degree-equations in one variable; Second degree-equations in one variable; Inequalities; Slope-intercept form; Systems of linear equations; Two-variable systems of linear equations, Functions; Graphical representation of functions. Linear functions and applications; Linear cost, revenue, profit; Demand and supply functions; Break-even models. Quadratic functions and their characteristics; Polynomial functions. Exponential and logarithmic functions and their characteristics.  


Introduction to Information Technology I covers the following topics: Introduction to Word; Document presentation;   Document productivity; Desktop publishing and graphic design; Creating and formatting a table; Time saving tools; Document automation; Introduction to PowerPoint; Presentation development; Presentation design; Collaboration and distribution; Running and navigating a custom slide show; Designating and displaying hidden slides; Introduction to Excel; Managing worksheets; Formulas and functions; Financial functions; Datasets and tables.


Microeconomics course the following main topics: Economy and economic systems; How people make decisions and how economy works as a whole; Demand and supply; Shift vs. movement along the curve; Price elasticity; Applications of supply, demand, and elasticity; Consumer and producer surplus; Market efficiency and the standard economic model; Budget constraint; Optimization and preferences; Cost in the short and long run; Competitive market; Supply curve in competitive market; Profit maximization.


Introduction to Business I course has the following course content: Dynamics of business economics; Business ethics and social responsibility; Specify how businesses can promote ethical behavior; Business in a borderless world; Explore some of the factors within the international trade environment that influence business; Options for organizing business; Small business, Describing how to start a small business and what resources are required; Entrepreneurship and franchising;  Nature of management; Organization, Teamwork and Communication; Managing service and manufacturing operations.


Turkish I course covers the following topics: Turkish alphabet; Phonetic structure of Turkish language; Plural suffix; Negative and interrogative sentences; Adjectives; Vocabulary and pronunciation; Numbers; Verbs in present simple and continuous tenses; Verb “to be”; Adjectives; Reading; Writing; Speaking; Locative cases; Listening exercises; exercises in pronunciation; Case endings; conversational exercises; Oral presentation.    


Academic English II course has the following course content: Wrıtıng an opinion paragraph; Practice and production; Vocabulary learning; Identifying text types; Cohesion and instructional texts; Meaning behind the words; Organizing a coherent paragraph; Recognizing definitions in context; Matching main points of paragraphs; How to prepare an outline; How to write a thesis statement; Writing a proposal; Choosing a report topic; Finding sources; Skimming, scanning and note‐taking; Review of genres; Matching genres to tasks; Quoting; Paraphrasing.    


Mathematics for Social Sciences II course has the following course content: Functions; Type of functions; Polynomial functions; Constant functions; Linear functions; Quadratic functions and their graphs; Higher order polynomials; Rational functions; Square root functions; Exponential functions, Logarithmic functions, Compound functions; Limits and continuity; Differentiation; Optimization and applications; Functions of several variables; Partial derivatives; Integral calculus; Integration; Rules on integration; Definite integral; Integral applications.   


Introduction to Information Technology II covers the following course content: Introduction to Excel; Managing worksheets; Selecting, moving, copying, and pasting; Formulas and functions; Using cell references in formulas; Using date functions; Using logical, IF, lookup, and financial functions; Datasets and tables; Subtotals; PivotTables, and pivot charts; What-if Analysis; Specialized functions; Introduction to Access; Relational databases and queries; Creating and using professional forms and reports; Data validation techniques; Advanced queries.   


Macroeconomics course covers the following main topics: Measuring a nation’s income;  Economy’s income and expenditure; Measurement of GDP; Components of GDP; Real versus nominal GDP; International differences in GDP and the quality of life;  Consumer prices index; Saving, investment, and the financial system; Production and growth; Markets for the factors of production; Unemployment; The Monetary system; Money growth and inflation; Open-Economy macroeconomics: Basic concepts; Aggregate demand and aggregate supply; Influence of monetary and fiscal policy on aggregate demand.


Introduction to Business II covers the following main topics: Creating the human resource advantage; Employee motivation; Strategies for motivating employees; Planning for human resources needs; Recruiting and selecting new employees; Developing the workforce; Compensating the workforce; The importance of workforce diversity; Developing marketing relationships; The marketing mix; Product strategy; Pricing strategy; Distribution strategy; Promotion strategy; Growth and benefits of digital communication; Financing the enterprise.   


Turkish II course covers the following topics: Past tense; Accusative case; Directions; Listening; Reading; Speaking; Speak with confidence; Vocabulary; Future tense; Present continuous tense; Past perfect tense; Past continuous tense; Future in the past; Participles; Present and past abilities; Adjectives; Needs; Conditionals; Asking questions; When/Before/After; Comparatives and superlatives; Writing articles; Introductions; Body content of the article; Conclusion; Report writing.        


Business Communication course follows the following content: Establishing a framework for business communication; Focusing on interpersonal communication; Communication styles; Listening skills; Working in teams; Group dynamics and decision making; Meeting management skills; Planning written and spoken messages; Steps of planning messages; Writing resumes and preparing for job interviews; Planning and writing resume; Preparing  employment messages; The interview process; Interview follow up; Types of business messages. 


Intermediate Microeconomics course covers the following main topics: The basics of supply and demand; Supply and Demand; The Market mechanism; Changes in market equilibrium; Elasticities of Supply and Demand; Short-Run versus Long-Run Elasticities; Changing market conditions; Effects of government Intervention; Price Controls; Consumer behavior; Individual and Market Demand; Production; Production with two variable inputs and isoquants; The cost of production; Profit maximization and competitive supply; Market power; Monopoly; Monopsony.  


Statistics I course had the following course content: What is statistics; Frequency distributions and graphic presentation; Numerical measures; Displaying and exploring data; Probability concepts; Discrete probability distribution; Continuous probability distribution; Sampling methods and the central limit theorem; Estimation and confidence intervals; Construction and graphing frequency distribution; Determining permutations and combinations; Sampling  methods; Binomial probability distribution; Developing confidence intervals. 


Principles of Accounting I course covers the following main topics: Accounting and the Business Environment; Financial and Management accounting; The elements of the accounting equation; Analyze business transactions; Rules of debit and credit; Ledger accounts after posting; Prepare and use a trial balance; Basic Financial Statements; Recording Business Transactions; Accruals and Deferrals; adjusting entries; Adjusting entries and accounting principles; Reporting Financial Results; Closing the temporary equity accounts; Merchandising Activities.


Introduction to Banking and Finance course covers the following content: The Financial Planning Process; The Personal Financial Planning Process; Thinking About Career; The Role of Money in the Macro-economy; Financial Instruments, Markets, and Institutions; Interest Rate Measurement and Behavior; Why Long-Term bonds are riskier than Short-Term bonds;  Money and Capital Markets; Types of securities and Investors; The Nature of Financial Intermediation; Depository Financial Institutions; Non-depository Financial Institutions; Investment Basics.   


Organizational Behavior course covers the following main topics: What Is Organizational Behavior?; Foundations of Individual Behavior: Personality and Values; Attitudes and Job Satisfaction; Perception and Individual Decision Making; Emotions and Moods; Foundations of Group Behavior; Communication; Leadership; Conflict and Negotiation; Organizational Culture; Human Resource Policies and Practices; Organizational Change and Stress Management; Organizational Behavior in the Family Business; The Significance to Organizational Behavior.


Intermediate Macroeconomics course has the following course content: How Macroeconomics Affects Our Everyday Lives; Macroeconomics in the Short Run and Long Run; The Measurement of Income, Prices and Unemployment; Income and Interest Rates; Monetary and Fiscal Policies in the IS-LM Model; The Government Budget, Debt and Limitations of Fiscal Policy; International Trade, Exchange Rates and Macroeconomic Policy; Aggregate Demand, Aggregate Supply and the Self-Correcting Economy; The Keynesian Revolution.


Statistics II course cover the following main topics: Sampling Methods and the Central Limit Theorem; Estimation and Confidence Intervals; One-Sample and Two-Sample Test of Hypothesis; Goodness of Fit Tests; Analysis of Variance; Procedure for Testing a Hypothesis; Testing for a Population Mean; Limitations of Chi-square; Analysis of Variance; Inferences about Pairs of Treatment Means; F-Distribution; Testing the hypothesis of equal population variances; Value in Hypothesis Testing. Choosing an Appropriate Sample Size; Confidence Interval.  


Principles of Accounting II covers the following course content: Understanding financial assets and their valuation in the balance sheet; Preparing bank reconciliation and understanding its purpose; Accounting for uncollectible receivables; Accounting for notes receivables; Accounting for credit card sales; Inventory costing methods; First-in first-out (FIFO) method; Last-in first-out (LIFO) method; Computing depreciation by the straight-line, declining-balance, and units-of output methods; Estimated liabilities, loss contingencies, and commitments.  


Financial Management course covers the following main topics: Introduction to financial management; Financial statements; Taxes and cash flow; Working with financial statements; Common size Analysis; Ratio Analysis; Sustainable and internal growth rates; Time value of money; Present Value; Future Value; Discounted cash flow valuation; Multiple cash flows; Present Value Annuity; Annuity due; Amortization loan table Interest rates and bond valuation; Equity markets and stock valuation; Net present value; Investment criteria; Scenario Analysis.  


Money and Banking course has the following course content: An Introduction to Money and the Financial System; Money and the Payment System; Measuring the money supply; Lessons From the Crisis; Money and the Payment System; Financial Instruments, Financial Markets, and Financial Institutions; Future Value, Present Value, and Interest Rates; Understanding Risk; Bonds, Bond Prices, and the Determination of Interest Rates; Risk and Term Structure of Interest Rates; The Economics of Financial Intermediation; Regulating the Financial System.


International Business I course covers the following topics: Rapid Change of International Business; Trading and Investing in International Business; International Business Model; Foreign Direct Investment; Theories of International Trade and Investment; Dynamics of International Organizations; Understanding International Monetary System; Economic and Socioeconomic Forces; Multinational Enterprise; Legal Systems; Ethics in International Business; Employment Practices; Theories of Absolute Advantage and Comparative Advantage; Hecksher-Ohlin Theory; The Product Life-Cycle Theory. 


Cost Accounting for Managerial Decision Making course covers the following topics: Differences among cost accounting, managerial accounting, and financial accounting; Understanding of cost accounting and management accounting; An Introduction to Cost Terms and Concepts; Elements of product cost; Direct costs and indirect costs; Variable costs and fixed costs; Product costs and period costs; Flow of costs in job costing system; Difference between actual costing and normal costing; Cost-Volume-Profit (CVP) Analysis: Activity-Based Costing (ABC).


Human Resource Management course has the following course content: Human Resource Management Strategy and Analysis; Job Analysis and the Talent Management Process; Personnel Planning and Recruiting; Employment Testing and Selection; Interviewing Candidates; Training and Developing Employees; Performance Management and Appraisal; Managing Employee Retention and Engagement; Pay for Performance and Financial Incentives; Benefits and Services; Ethics, Employee Relations and Fair Treatment at Work. 


International Finance course covers the following topics: Multinational Financial Management; Financial Globalization and Risk; The Global Financial Market Risk; Market Imperfections; The Theory of Comparative Advantage; The International Monetary System; History of the International Monetary System; Emerging markets and regime choices; The Balance of Payments; Trade Balances and Exchange Rates; International Parity conditions; Purchasing Power parity & Law of One Price; Exchange Rate Pass Through; Foreign Currency Futures.


International Business II course covers the following topics: Sociocultural Forces; Sociocultural Components; Understanding National Cultures; Financial Forces; Financial Crises and Economic Recession; Foreign Exchange Quotations; Sovereign Debt; International Competitive Strategy; Global Strategic Planning; Assessing and Analyzing Markets; Market Screening; Segment Screening; Market Entry Modes; International Channels of Distribution; Export and Import Practices; Payment and Financial Procedures; Export Shipmen; Importing; Global Operations; Supply Chain Management; Manufacturing Systems, Logistics.


Business Analysis and Evaluation course has the following course content: International Business Analysis and Strategy; International Accounting Analysis; Strategic Analysis; Cash Flow Analysis; Valuation Theory; Financial Analysis; Financial Statement Analysis; Prospective Analysis-Forecasting; Equity Security Analysis; Debt Valuation; Equity Valuation; Credit Analysis; Risk Analysis and Management; Mergers and Acquisitions; Financial Policies.     


Business Law course covers the following course content: Legal Heritage; The Information Age; Constitutional Law for Business; Constitutional Law for E-Commerce; Doctrines of Equal Protection; Doctrines of  Due Process; Court Systems and Jurisdiction; The State International Court Systems;  Nature of Traditional and Online Contracts; Agreement and Consideration; Remedies for Breach of Traditional Contracts; Remedies for Breach of Online Contracts; Torts and Strict Liability; Compensatory and Consequential Damages; Nominal Damages; Business Torts of Disparagement; Business Torts of Fraud.


Internship is a required four weeks’ involvement in international trade and business related institutions to obtain business, international trade, management knowledge, skills and competencies. Students may have their internship during the summer period prior to the registration for BUSN400. Completion of Internship is compulsory for all students of International Trade and Business program.     


Business Policy course has the following course content: Charting a Company’s Direction; Company’s Vision, Mission, Objectives and Strategy; Evaluating a Company’s External Environment; Evaluating a Company’s Resources, Capabilities, and Competitiveness; The Five Generic Competitive Strategies;  Supplementing the chosen Competitive Strategy; Business Strategy Choices; Strategies for Competing in Foreign Markets; Ethics, Corporate Social Responsibility, Environmental Sustainability, and Strategy.


International Marketing Strategy course covers the following topics: Global Marketing; Social and Cultural Environment; Global Information System; Global Marketing Research; Segmentatıon, Targeting and Positioning; Strategy and a Business Model; Importing, Exporting and Sourcing; Branding and Product Decision in Global Marketing; Crafting and Executing Strategy; Pricing Decision; A Framework for Executing Strategy; Global Marketing Communications Decisions.       


Applied Research Methods course covers the following topics: Qualitative and quantitative research; Time series analysis; Panel data analysis; The Gauss–Markov theorem; Regression Analysis; Normality Assumption; Two Variable Regression Model; Classical Linear Regression Model; Hypothesis testing procedure; Test statistic; One-tailed and two-tailed tests of significance; P-value; Multiple Regression Analysis; OLS; Multicollinearity; Heteroscedasticity; Autocorrelation; Introduction to statistical packages, such as, Eviews, Stata.