MASTER OF SCIENCE IN INTERNATIONAL COMMERCE & POLICY
ICP Group Photo"As a working professional, I deal with import/export logistics, international and domestic health codes, hazardous material regulations, and international clientele.  The ICP program, as a result of its international focus, offered me exposure to these areas, and many more. As a result, I felt more prepared and was more aware of international issues relevant to my professional life and able to pursue a career in the international arena with more knowledge and confidence"
                   -Cathy DeVito, MS-ICP '04

Program Description
The Master of Science in International Commerce & Policy program provides training in the political, legal, cultural and social aspects of global commerce, business and economics.  The 37-credit program, distinct from the MBA degree, is designed for students wanting to develop proficiency and understanding in areas related to international relations, politics, business, law and policy.  The program, usually completed in 12-18 months if the student begins coursework in the fall, consists of a core of 28 credits, enhanced by 9 credits of core support and elective course work.  Students who are nonnative English speakers may add English for Business to their core requirements.  Up to 4 elective credits may be taken from language courses in the student’s nonnative tongue.

Especially for International Students
The program is responsive to the needs and interests of international students, and approximately half of the students enrolled in the ICP program are from abroad (current international students come from: Belize, Canada, China, Ethiopia, Ghana, India, Ivory Coast, Japan, Lebanon, Saudi Arabia, Sierra Leone, South Korea, Spain, Turkey, The United Arab Emirates). Attractive features include:

·         Exposure to key elements of international commerce, policy, administration, and law,

·         Business English component for non-native English-speaking students,

·         Wide range of course options that can be tailored to meet individual interests,

·         Access to the resource of the INTERLINK English language center.

Program Requirements
The required credits to complete the program are 31-37, depending on whether transfer credits are accepted.

Curriculum

Core Requirements

28 credits

ECON 626

International Trade & Economics

3 cr

ECON 627

International Monetary Economics

3 cr

ICP 610

International Commerce & Policy: Case Studies

3 cr

ICP 620

Cross-Cultural Management

3 cr

ICP 621

Global Leadership & Team Development

3 cr

ICP 661

International Political Economy

3 cr

ICP 662

International Competitiveness, Politics, & Policies

3 cr

ICP 699

Seminar in Global Strategies (two semesters)

1 cr

Choose two of the following (6 credits):

ICP 612

International Business Relationships

3 cr

ICP 613

Future of Business in a Global Economy

3 cr

ICP 614

Marketing & Entrepreneurship

3 cr

ICP 615

New Venture Creation

3 cr

Core Support

6 credits

ECON 621

Managerial Economics

2 cr

ICP 650

World Bank Global Issues

3 cr

ICP 671

International Business Transactions

3 cr

ICP 678

International Commerce & Trade Law

3 cr

ICP 686

Internship in ICP

1-3 cr

ICP 692

Research in ICP (for thesis students only)

3 cr

Any approved ECON or POL course

3 cr

Electives

9-12 credits*

Additional credits from Core Support or:

ECON 536

Economics of Developing Nations

3 cr

ICP 540

International Finance

3 cr

ICP 560

Public Policy: Role of Government & NGO's

3 cr

ICP 670

Introduction to Law & Legal Principles

3 cr

ICP 689

Professional & Career Development

1 cr

ICP 590/690

Topics in International Commerce & Policy

3 cr

LS 600

Seminars are approved

3 cr

MBA 500

Courses are approved (maximum of 6 credits may be taken to fulfill elective credits)

2 cr

POLS 530

Politics of Industrialized States

3 cr

POLS 535

Politics of Developing States

3 cr

POLS 580

Problems in International Relations

3 cr

POLS 590

Politics of East Asia

3 cr

From the following:

3-6 cr

ICP 540

International Economics

3 cr

ICP 590

International Marketing

3 cr

ICP 590

eCommerce and eBusiness Technology

3 cr

One of the following if nonnative English Speaker:

LS 604

Intensive English Language

4 cr

LS 605

English for Business

 4 cr

LS 606

English for Academic Purposes

3 cr

*Other coursework as approved by the Dean of the Graduate School may be taken to fulfill elective credits.

Criteria for Admission
As part of the application process, students must provide:

·         Valparaiso University Graduate Application;

·         Official transcripts of all prior undergraduate and graduate coursework.  If you have received an undergraduate or graduate degree from Valparaiso University, you are not required to submit an official transcript from Valparaiso University;

·         Prior academic work must be of sufficient quality to warrant admission to a rigorous graduate program. Applicants should have college-level coursework in microeconomics, macroeconomics or its equivalent;

·         Test of English as a Foreign Language (TOEFL) score of at least 550 (paper version), 230 (computer-based), or Internet Based Test (TOEFL iBT) score of at least 80; minimum IELTS (International English Language Testing System) score of 6; CET score of 6, or an INTERLINK Language Center Level 5, or the equivalent for non-native English speakers.  Applicants needing preliminary English language work are encouraged to consider the INTERLINK program;

·         2 letters of recommendation from faculty at student's home institution;

·         A reflective essay detailing your reasons for pursuing graduate study;

·         Application Fee: $30 for U.S. citizens, $50 for International Students.

Financial Considerations
Students may be surprised to discover the affordable tuition rate at Valparaiso University. Tuition for the 2009-2010 academic year is $480 per credit hour, highly competitive for a private institution of recognized national quality. Students enrolled in graduate courses pay a $95 general fee each semester. Financial aid is available through direct and indirect student loans for students taking 6 credits or more during fall and spring semesters. Students may transfer up to 6 credits of approved graduate coursework into the program.

NOTE: To maintain valid visa status, international students must enroll in at least 3 courses during fall and spring semesters, and 2 courses in summer sessions.

For more information about the Master of Science in International Commerce and Policy program, interested students should request an application packet from the Graduate School through our website or by e-mailing Graduate.School@valpo.edu.