Please note! Course description is confirmed for two academic years, which means that in general, e.g. Learning outcomes, assessment methods and key content stays unchanged. However, via course syllabus, it is possible to specify or change the course execution in each realization of the course, such as how the contact sessions are organized, assessment methods weighted or materials used.


This course explores how firms can best start, develop, and manage their international activities.  Students will learn about the internationalization process, entry strategy, entry mode choice, mergers and acquisitions, global supply chains, the management of international operations, and international negotiations. We will study both small firms and large multinationals.   

Credits: 6

Schedule: 07.09.2020 - 14.10.2020

Teacher in charge (valid 01.08.2020-31.07.2022): Carl Fey

Teacher in charge (applies in this implementation): Carl Fey, Minna Söderqvist, Minna Söderqvist

Contact information for the course (valid 19.08.2020-21.12.2112):

Professor Carl Fey, will be the course director.  

Riku.Reunamä will be the teaching assistant for this course

CEFR level (applies in this implementation):

Language of instruction and studies (valid 01.08.2020-31.07.2022):

Teaching language: English

Languages of study attainment: English


  • Valid 01.08.2020-31.07.2022:

    During the course, the following questions will be examined: (1) Why and how do firms internationalize?(2) What challenges do firms have as they start, develop, and manage their international operations and what can be done to overcome these challenges and be successful in international business? (3) What are the advantages and disadvantages of different entry modes and internationalization strategies and how can they best be designed and managed? (4) How can one conduct international negotiations successfully? (5) What are some strategies for succesfully managing international operations? (6) How is it best to design and manage mergers and acquisitions?; and (6) What are key issues to consider relating to international suply chains?  The course will include guests who are senior executives and will share their industry experience.  There will also be academic guest lectuerers who specialize in topics covered in the course.  The course has a strong practical focus and will seek to forge links between theory and practice and illustrate practical applications of the material discussed during the course. Material covered in the course is taught in a way that it is useful in practice.    

Assessment Methods and Criteria
  • Valid 01.08.2020-31.07.2022:

    Assessment components:

    1. Activities which may include class participation
    2. Case study(s) (live or paper-based), group assessment
    3. Final individual report/project 

  • Valid 01.08.2020-31.07.2022:

     Contact hours: 31 hours

    Class preparation: 54 hours

    Assignments: 75 hours


    Total: 160 hours


Study Material
  • Valid 01.08.2020-31.07.2022:

    A set of readings and cases

Substitutes for Courses
  • Valid 01.08.2020-31.07.2022:

    This course can subsituate for the discountinued courses Internatonal Strategy 26E03101 (it is largely a name change), Driving Global Business 26E03100(it is largely a name change), and Internationalization of the Firm 26E00400  (a similar course). 

  • Valid 01.08.2020-31.07.2022:

    There are no prerequisites for this course and students from different masters programs and schools are welcoemd to take the course.  However, as the course is focused in the first hand for students pursuing a masters degree in business, students who have not taken any business courses previously need to be willing to do some additional self study.  If you have any questions if your background is suitable for the course, feel free to contact the professor.   

SDG: Sustainable Development Goals

    13 Climate Action