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BS and BSc (Hons) in Business Administration - International Business & Finance

Brief Description

Global financial markets remain a dynamic sector of the world economy. Today the demand for International Business & Finance professionals to interpret the flood of information and to implement trading and financial strategies requires that the students understand theory and also have hands-on experience. ACT’s goal is to educate and prepare students for successful careers in financial management through a careful balance between theory and hands-on learning.

Degree Requirements

In order to receive the BS degree, the student must have fulfilled all the GER and major requirements and have completed at least 121 US credit hours with an overall G.P.A. of 2.0 or better. All business students take a Research Methods course followed by a Business Strategy I and Business Strategy II (capstone, final project) course. According to NECHE Standards, students must complete at least one fourth of their undergraduate program, including advanced work in the major or concentration, at the institution awarding the degree. As a consequence, all candidates for an ACT degree must have been in residence at the College for at least during the last two semesters of full time instruction, assuming availability and equivalency of transferable courses.

Open University degree structure

The program in Business—International Business & Finance is currently validated by Open University: under this scheme, 24 are out of the 40 courses required for a Bachelor’s degree are validated by Open University. Students must necessarily take the fourth year courses at ACT. Successful students will receive a Bachelor’s degree from Open University in addition to the ACT degree for a single course of studies by meeting the following common set of requirements (in addition to meeting General Education Requirements)—courses highlighted in bold are validated by Open University. For more information, check the student handbook. The OU Regulations can be found here.

Major Requirements

  • Accounting 101 Financial Accounting (OU)
  • Accounting 102 Managerial Accounting (OU)
  • Business Administration 241 International Business Law (OU)
  • Economics 101* Introductory Macroeconomics (OU)
  • Economics 102 Introductory Microeconomics (OU)
  • Economics/Management 242 Applied Managerial Economics (OU)
  • Finance 201 Financial Management (OU)
  • Management 101 Introduction to Management (OU)
  • Management 201 Organizational Behavior (OU)
  • Management 312 Operations Management (OU)
  • Management 322 Business Strategy I (OU)
  • Management 323 Business Strategy II (OU)
  • Marketing 101 Introduction to Marketing (OU)
  • Marketing 301 Entrepreneurial and Corporate Marketing Strategy (OU)

International Business & Finance Concentration Requirements

  • Finance 202 Corporate Finance (OU)
  • Finance 220 Investment and Portfolio Management (OU)
  • Finance 232 International Finance (OU)
  • Finance 400 Seminar in Finance

Other Degree Requirements

  • Mathematics 101* Elements of Finite Mathematics
  • Mathematics 115* Calculus (OU)
  • Statistics 205* Introductory Statistics (OU)
  • Computer Science 101* Introduction to Computing
  • Computer Science 151* Quantitative Computing (OU)
  • Computer Science 201 Business Computing (OU)
  • Research 299 Research Methods (OU)

Business Electives

Three Business Electives (one must be an OU validated course) from among:

  • Business 398: Undergraduate Internship in Business
  • Business 399: Global Competitiveness Practicum
  • CS 250: E-Commerce
  • CS 306: Advanced Web Development (OU)
  • CS 312: Database Management Systems (OU)
  • CS 325: Distributed Applications (OU)
  • CS 412: Object Oriented Programming (OU)
  • CS 422: Advanced Database Systems (OU)
  • CS 450: System Analysis and Design (OU)
  • CS 499: Advanced Programming Tools (OU)
  • Econ 332: International Economics (OU)
  • Mkg 200: Principles of Public Relations (OU)
  • Mkg 212: Sales Management (OU)
  • Mkg 214: Advertising (OU)
  • Mkg 311: Retailing
  • Mkg 318: Global Marketing (OU)
  • Mkg 320: Marketing Research (OU)
  • Mkg 324: E-Marketing (OU)
  • Mkg 330: Consumer Behavior (OU)
  • Mgt 210: Human Resource Management for Growth (OU)
  • Mgt 219: Entrepreneurial International Business (OU)
  • Mgt 330: Entrepreneurship and Innovation (OU)
  • Mgt 341: Business in Greece and the EU (OU)

One free elective

* Any of the Major courses above marked with an asterisk may also be taken to meet part of the GER.

Suggested Program of Studies

Year One

  • Mathematics 101
  • CS101 or CS105
  • History 120
  • English 101
  • Politics 101
  • Mathematics 115 (OU)
  • Computer Science 151(OU)
  • Philosophy 101
  • English 102
  • Biology 101 or Ecology 110

Year Two (Level 4)

  • Management 101(OU)
  • Accounting 101(OU)
  • Economics 101(OU)
  • English 204
  • English 120, Art 120, or Music 120
  • Accounting 102 (OU)
  • Economics 102 (OU)
  • Marketing 101 (OU)
  • Philosophy 203
  • Anthropology 101, Sociology101, or Psychology 101

Year Three - semester 1 (Level 5)

  • Management 201 (OU)
  • Finance 201 (OU)
  • Business Administration 241 (OU)
  • Computer Science 201 (OU)
  • Free Elective

Year Three - semester 2 (Level 5)

  • Research Methods 299 (OU)
  • Statistics 205 (OU)
  • Finance 202 (OU)
  • Management 219 (OU)
  • Business elective

Year Four - semester 1 (Level 6)

  • Management 322 (OU)
  • Finance 232 (OU)
  • Management 312 (OU)
  • Management 341 (OU)
  • Business elective

Year Four - semester 2 (Level 6)

  • Management 323 (OU)
  • Finance 220 (OU)
  • Economics 332 (OU)
  • Marketing 318 (OU)
  • Business elective

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55535, Pylaia
Thessaloniki, Greece
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