This 15-credit program is designed for students interested in international business and economics, offering undergraduates the unparalleled opportunity to study Chinese language, international business, and economic development in Asia's new financial center.
Beginning in Spring 2014, Students must enroll in:
SHAN ECON360 China: Economic Giant (REQUIRED, 3 class hours/week, 3 credits)
The course provides an interpretative survey of China's emergence as a global economic power. The phenomenal changes in the Chinese economy over recent decades are highlighted against the background of the pre-reform era. Aspects of quantitative development are related to the radical reforms adopted since 1978. Students discuss major policy issues encountered by the Chinese government in sustaining high-speed economic growth without instability. Students will also explore China’s pursuit of full integration into the global free trade system. Particular emphasis is placed on the contributions of Shanghai and the Yangtze River delta, the single most important economic and financial hub of China.
All area studies courses are taught in English and meet for three class hours per week. Students have the option of enrolling in two to three courses from the following list. Students with at least three semesters of Chinese may elect to participate in a 3 credit internship or Business Chinese to replace one of their area studies electives.
SHAN MKTG390 China as a Global Market (3 class hours/week, 3 credits)
China is not only a major export market but also a global sourcing base, given that Chinese exports are dominated by foreign-funded enterprises. Students will learn how to employ principles of international marketing in studying this dual role of China. Discussions include China's rising purchasing power and consumption market potentials, trends in China's demand for capital goods and western technology, marketing new products, cultural attributes in Chinese consumer behavior, outsourcing and sourcing in China, the service industries, international distribution systems, market regulations and deregulations, export tax rebate and import duties, and pricing and terms of payments.
SHAN ECON371/SHAN FINC370 International Money and Finance (3 class hours/week, 3 credits)
This course familiarizes students with the basic theories for global financial liberalization and the major policy problems involved for the Chinese government to fully integrate the country with the global financial system. Topics to be discussed include Chinese interest rate determination, the exchange rate regime, and associated currency risks; new investment and financing techniques including currency derivatives, currency options and currency swaps; B-share versus A-share in the Chinese stock markets and prospects for convergence; the role of QFII (qualified foreign institutional investors) and QDII (qualified domestic institutional investors), and the possible implications of renminbi being made fully convertible in the future. Students should have completed an Introduction to Finance course as a pre-requisite for this course.
SHAN MGMT390 Managing Enterprises in China (3 class hours/week, 3 credits)
This course focuses on the modus operandi of major types of enterprises in China, including large-scale state-owned enterprises, share-holding corporations, collective enterprises of global significance, and foreign-funded conglomerates. Class discussions address the different functional aspects of enterprise management, including production and investment decision-making, financing, marketing and supply sourcing, technology transfer, human resource management, and research and development. Students also tackle the ways in which business conglomerates relate to the Chinese government's changing regulatory framework.
SHAN ECON380 International Trade: A Chinese Perspective (3 class hours/week, 3 credits)
This course helps students develop the conceptual basis and the necessary tools for understanding modern international trade at the intermediate level. Topics include classical and modern theories of international trade, factor price equalization, empirical tests and extensions of the pure theory model, economic growth and international trade, the nature and effects of protection, and motives and welfare effects of factor movements. Each topic includes case studies under the context of China’s international trade with the U.S. and the rest of the world.
SHAN INTS380 Internship (10-12 hours/week, 3 credits)
Students with at least three semesters of Chinese may elect to participate in a 3 credit internship to replace one of their business courses. Interns are placed in Chinese, joint-venture, or foreign-owned companies. Interns spend 10-12 hours per week (or 120 hours a semester) at the internship site and complete a research project that includes a 5,000 word paper and oral presentation. Internships are supervised by faculty advisor Dr. Tong, who meets with students 4 times per semester and schedules individual meetings to discuss students' research project plans.
Chinese Language (required, 9 class hours/week, 6 credits)
No prior language study is required for admission. Upon taking a placement exam after arrival, students will be placed into the appropriate language level. Courses emphasize listening, reading, speaking, and writing. Alliance programs teach Simplified Chinese Characters, which are standardized Chinese characters officially used in mainland China. Click here to view a full listing of textbooks and lessons by Alliance program and course.
The syllabi below reflect the 9 credit hour course being offered to Alliance students through Fall 2013. More information coming soon on our new 6 credit hour course syllabi.
SHAN CHIN320 Business Chinese (4 class hours/week, 3 credits)
This course will be offered beginning in the Spring 2014 semester. Students develop specialized skills in business-related communication in Chinese in both oral and written forms. Available for students at the 201 Chinese level or higher.