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2014/2015  KAN-CCDEO3002U  Managing Foreign Direct Investments in Developing Countries

English Title
Managing Foreign Direct Investments in Developing Countries

Course information
Language English
Course ECTS 7.5 ECTS
Type Mandatory
Level Full Degree Master
Duration One Semester
Course period Spring
Timetable Course schedule will be posted at calendar.cbs.dk
Study board
Study Board for BSc og MSc in Business, Language and Culture, MSc
Course coordinator
  • Michael Wendelboe Hansen - MSC
Main academic disciplines
  • Globalization, International Business, markets and studies
Last updated on 29-10-2014
Learning objectives
At the end of the course, and against the backdrop of the course literature in its entirety, students should be able to
  • Present and discuss the particular strategic challenges and opportunities that relates to the planning, design,
  • Present, discuss and assess relevant theories and concepts related to global strategic management and the FDI project cycle in developing countries and emerging markets.
  • Apply relevant theoretical frameworks and concepts to concrete cases of FDI in developing countries and emerging markets with the view of generating realistic and usable analyses and prescriptions.
Course prerequisites
Bachelor degree – Knowledge of International Business theory literature is an advantage, but it is not a requirement.
Examination
Managing Foreign Direct Investment in Developing Countries:
Exam ECTS 7,5
Examination form Oral exam based on written product

In order to participate in the oral exam, the written product must be handed in before the oral exam; by the set deadline. The grade is based on an overall assessment of the written product and the individual oral performance.
Individual or group exam Group exam, max. 4 students in the group
The oral exam is an individual exam
Size of written product Max. 30 pages
- The mini-project must be written in groups of 2-4 students.
- For 2 students writing together the mini-project must have a length of 15 pages, for 3 students 20 pages and for 4 students 25 pages
Assignment type Project
Duration
Written product to be submitted on specified date and time.
20 min. per student, including examiners' discussion of grade, and informing plus explaining the grade
Preparation time No preparation
Grading scale 7-step scale
Examiner(s) Internal examiner and second internal examiner
Exam period May/June
Make-up exam/re-exam
Same examination form as the ordinary exam
Description of the exam procedure
  • Full degree BLC students write a mini-project against the backdrop of this course. The mini project will present and analyze one or more cases of foreign direct investment projects in developing countries or emerging markets. Students will defend their project and relate it to the course literature in an individual oral exam. The grade will be based on an overall assesment of the written mini-project and the oral exam
  • The mini-project must be written in groups of 2-4 students.
  • For 2 students writing together the mini-project must have a length of 15 pages, for 3 students 20 pages and for 4 students 25 pages
  • The oral exam will take place in June.

Exchange/credit students take an individual oral curricula exam based on a 3-page written synopsis presenting an individual case of a firm’s FDI in a developing country/ emerging market. The oral exam will take place in June.
Course content and structure

More and more firms in the North are undertaking foreign direct investment (FDI) in emerging markets and developing countries, partly to access rapidly growing markets there, partly to access the vast human and natural resource potentials of these countries. In this situation, it becomes increasingly pertinent for managers to understand how to plan, design, organize and manage an investment project in such countries. The aim of this course is, based on practical examples and real life cases presented by practitioners, to enable students to analyze, present and make recommendations for various strategic issues arising in connection with setting up FDI projects in emerging markets and developing countries.

More specifically, the course will provide an overview of the issues that arise when a company plans a foreign direct investment project in a developing country/ emerging market. Students will learn about global strategy as it relates to emerging markets and developing countries. They will furthermore be presented to the tools that are employed when designing, organizing and implementing an investment project in such locations, e.g. in connection with organizing a marketing strategy; getting finance for the project; searching for local partners; making a feasibility study; managing human resources; and providing for an appropriate exit of the project. The introduction to these issues will be based on experiences from concrete projects in emerging markets and developing countries presented by practitioners. There will be presentations by and on firms and organizations such as Bestseller, Carlsberg, IFU, Dalberg, Orana, Ecco, FLS, etc.
Teaching methods
The course will consist of 12 lectures. It will to a large extend use external guest lecturers to provide a practical perspective on FDI. In order to ensure a qualified dialogue with the external guest lectures, it is necessary that students prepare in advance of lectures and engage in discussion of the cases presented
Expected literature

To be announced on Learn, but most likely:
Recommended literature:

Cavusgil, S.,P.Ghaury, and M. Agarwal, Doing Business in Emerging Markets, London: Sage, 2002.
Dawar, Niraj and Amitava Chattopadhay (2003): Rethinking Marketing Programs for Emerging Markets, Long Range Planning 35,
Hansen, M.W., Pedersen, T., Marcus Larsen, and Wad, P., Strategies in emerging markets: A Case Book on Danish Multinational Corporations in China and India, Copenhagen: Copenhagen Business School Press, 2010.
Khanna, T. & Palepu, K.G (2010). Winning in Emerging Markets – A Road Map for Strategy and Execution. Boston, MA: Harvard Business School Press.
Lasserre, P., Global Strategic Management, New York: Palgrave Macmillan, 2007.
Tallman S. B. and Yip, G. S. 2001. Strategy and the Multinational Enterprise, in A. Rugman and T. Brewer (eds.): Oxford Handbook of International Business.
Welch, L. S., Benito, G. R. G., & Petersen, B. (2007). Internationalization, International strategies and FOMs, in Foreign operation methods: Theory, analysis, strategy. Cheltenham: Edward Elgar.
Last updated on 29-10-2014