6 Pros and Cons of Globalization in Business to Consider
Through globalization, developing nations often gain access to jobs in the form of work that's been outsourced by wealthier nations. While there ...
Global Business
“Of course, as long as there have been nations, they've been connected with each other through the exchange of lethal force—through war and conquest—and this threat has never gone away,” Reinhardt says in <anchor>Global Business</anchor>. “The conventional wisdom has been that the increased intensity of these other flows—goods, services, capital, people, and so on—have reduced the probability that the world's nations will fall back into the catastrophe of war.”
Global Business Course | HBS Online
Open Courses Mega Menu

Open For Organizations Mega Menu

- Corporate Learning
  Help your employees master essential business concepts, improve effectiveness, and
  expand leadership capabilities.

- Academic Solutions
  Integrate HBS Online courses into your curriculum to support programs and create unique
  educational opportunities.

- Need Help?

  - Frequently Asked Questions
  - Contact Us

- Black, Latinx, and underrepresented minority professionals

Stories designed to inspire future business leaders.

Open Insights Mega Menu

Gain new insights and knowledge from leading faculty and industry experts.

- HBS Online Parlor Room podcast logo

The Parlor Room: Where business concepts come to life. Listen now on your favorite podcast platform.

Open More Info Mega Menu

Login

Access your courses and engage with your peers

Manage your account, enrollment, and payments.

→





Introduction to Global Business

## ENROLL NOW

No application needed for our certificate programs. Start your journey today!

# Global Business

$1,850

Next 4-week session starts October 23rd

Gain the knowledge you need to thrive in today's interconnected, global economy.

4

weeks

6-8

hours per week

4

modules

Self-Paced

with regular deadlines

 This course earns you a Certificate of Completion from HBS Online. What you earn.

## Key Concepts

Build a foundation in macroeconomics to make more informed business decisions

Identify the challenges and opportunities that government and politics can create
for you and your business from a strategic standpoint

Assess the impact of macroeconomic, political, and social indicators on business decisions

Discover the short- and long-term impact of interest rates, inflation, trade, and
investment

Learn distinctive approaches and frameworks that help you think about the world and
organize information

## Who Will Benefit

### Forward-Thinking Strategists

### Entrepreneurs

### Professionals in Heavily Regulated Industries

Learn more about the broader macroeconomic and political landscape your organization
operates in, so that you can develop business strategies that create and capture value.

In Global Business, we learned about currencies, exchange rates, and tariffs, and it helped a lot. It’s one of the reasons Aphrodite supports 50 currencies now.



Daniel Dietzel

CEO of Aphrodite at Aphrodite

Gain the skills and knowledge needed to grow your business internationally and more
effectively manage global teams.

The course has given me the confidence to know that my suggestions have a solid business basis.



Jennifer Moret

Financial Analyst

Develop distinctive approaches and frameworks that help you navigate complex industries,
such as oil and gas, power, pharmaceuticals, and financial services.

Today, I am applying this new knowledge to continue to make a difference in the world, develop innovative strategies and technologies, and more vibrant partnerships toward collective action to solve some of today’s complex global challenges.



David Luna

U.S. Diplomat and National Security Official

## What You Earn

Certificate of Completion



### Certificate of Completion

Boost your resume with a Certificate of Completion from HBS Online

Earn by: completing this course

Certificate of Specialization



### Certificate of Specialization

Prove your mastery of strategy or business in society

Earn by: completing any three courses within either subject area to earn a Certificate
of Specialization

## Syllabus

4 Modules, 32 Hours

6-8

hrs

Module 1

### Macroeconomic and Political Analysis

Interpret data on countries’ macroeconomic and political performance.

#### Highlights





Inflation



Introduction to the Macroeconomic View





Middle-Income Countries

ShowHide Details

#### Concepts

1. The World Is Big

2. Case: Unidentified Countries

3. Beyond a Country's Borders

#### Featured Exercises

- 

Unidentified Countries Exercise (Measuring and Interpreting Economic Indicators)

6-8

hrs

Module 2

### Economic Conditions and Your Business

Understand the effects of taxation, government spending, and monetary policy on the
business environment.

#### Highlights





Exchange Rates





Hedging Exchange Rates with Bryan





Hedging Exchange Rates with Christopher

ShowHide Details

#### Concepts

1. Fiscal Policy

2. Monetary Policy

3. International Influences

4. Labor Productivity

#### Featured Exercises

- 

Current Accounts, Financial Accounts, and a Country’s Strategy

- 

Hedging Exchange Rates

6-8

hrs

Module 3

### Political Order and Disorder

Understand the role of government in the modern economy and analyze political risks
to business strategy.

#### Highlights





Introduction - Ray Mabus





Welfare Economics





Corruption

ShowHide Details

#### Concepts

1. The State

2. The Role of Government

3. Democracy and Alternatives

4. Long-Term Growth

#### Featured Exercises

- 

The Median Voter Theorem

- 

Sources of Long-Term Growth

6-8

hrs

Module 4

### Business and the Interconnected World

Understand how cross-border flows of goods and capital affect firms’ and nations’
competitive positions, and analyze the effects of environmental change on the competitive
landscape.

#### Highlights





Absolute Advantage - Static of Production Frontier





Water and Food

ShowHide Details

#### Concepts

1. Trade

2. Cross Border Investment

3. Immigration

4. Energy and Sustainability

5. Peace and War

#### Featured Exercises

- 

Absolute vs. Comparative Advantage, the Production Possibilities Frontier, and Trade



Free E-Book

## How to Be a Purpose-Driven, Global Business Professional

This guide will equip you with the skills needed to define your purpose, make the
case for corporate social responsibility to internal stakeholders, further your education,
and help enact change.

## Our Difference

Global Business will help participants assess opportunities, mitigate risk, and create
and capture value for their organization

Stay active by engaging in a new activity every three to five minutes and applying your knowledge
through quizzes.

Stay active by engaging in a new activity every three to five minutes and applying your knowledge
through quizzes.

Description of silent animated video above: Learner completes an interactive question by dragging and dropping choices into two
different categories

Get social by collaborating with a global community of peers before, during, and after your
course. Learners who successfully complete an HBS Online program will be added to
the HBS Online Community's Official Networking Group and gain exclusive access to
events and other networking opportunities.

Get social by collaborating with a global community of peers before, during, and after your
course. Learners who successfully complete an HBS Online program will be added to
the HBS Online Community's Official Networking Group and gain exclusive access to
events and other networking opportunities.

Description of silent animated video above: Learner types an answer in the discussion board in response to a peer's question

Immerse yourself in real-world, case-based examples brought to life by industry-leading experts from companies like NatureSweet,
H-E-B, Kerry Logistics, and Mahindra Group.

Immerse yourself in real-world, case-based examples brought to life by industry-leading experts from companies like NatureSweet,
H-E-B, Kerry Logistics, and Mahindra Group.

Description of silent animated video above: Learner scrolls through video interviews from prominent business leaders

## About the Professor



### Forest Reinhardt  Global Business

John D. Black Professor of Business Administration

"In this online course, you'll learn how global events affect markets and businesses
and the ways in which economics and political science can help us seize opportunities
and avoid or manage risks."

## Dates & Eligibility

No current course offerings for this selection.

Starting

Oct

23

4 Weeks  $1,850 + applicable international taxes

Enrollment deadline
October 17

Starting

Feb

12

4 Weeks  $1,850 + applicable international taxes

Enrollment deadline
February 2

- No documentation required

All learners must be at least 18 years of age, proficient in English, and committed
to learning and engaging with fellow participants throughout the course.

## Learner Stories



80%

say HBS Online offers a better overall experience than competitive online business
programs

The cases were phenomenal. I got engulfed in the videos; they made you feel like you were in sort of a planetarium, right in the tea fields in Asia, learning about the dangers of palm oil. And hearing from the executives at huge companies about their strategies solving their problems was amazing.



Alberto de la Rivaherrera

Product Manager

I've been able to understand the macroeconomic policies that are being implemented by, and imposed to, my country, and the implications they have on our lives. This has equipped me with more tools to make overall better decisions. The course has been tremendously useful and eye-opening.



Daniela Fierro Touché

Administration and Registration Analyst at FEMSA Collection

\* Source: 2022 surveys and course data

## Global Business FAQs

What are the learning requirements, and how are grades assigned?
+–

Participants in Global Business are eligible for a Certificate of Completion from Harvard Business School Online.

Participants are expected to fully complete all coursework in a thoughtful and timely manner. This will mean completing each course module and fully answering questions posed therein by the required deadline. This course also features recommended weekly deadlines to help ensure participants proceed through the course at a similar pace and can take full advantage of social learning opportunities. In addition to module and assignment completion, we expect you to offer feedback on others’ reflections and contribute to conversations on the platform. Participants who fail to complete the course requirements will not receive a certificate and will not be eligible to retake the course.

More detailed information on course requirements will be communicated at the start of the course. No grades are assigned for Global Business. Participants will either be evaluated as complete or not complete.

What materials will I have access to after the course?
+–

You will have access to the materials in every prior module as you progress through the program. Access to course materials and the course platform ends 60 days after the final deadline in the program.

How should I list my certificate on my resume?
+–

Harvard Business School Online

Certificate in Global Business

[Cohort Start Month and Year]

List your certificate on your LinkedIn profile under "Education" with the language from the Credential Verification page:

School: Harvard Business School Online

Dates Attended: [The year you participated in the program]

Degree: Other; Certificate in Global Business

Field of Study: Leave blank

Grade: Complete

Activities and Societies: Leave blank

For the program description on LinkedIn, please use the following:

Global Business is a 4-week, 24-hour online certificate program from Harvard Business School. Global Business provides a grounding in the economic, political, and social factors driving global change to help participants assess opportunities, manage risk, and create and capture value for their organization. The program was developed by leading Harvard Business School faculty and is delivered in an active learning environment based on the HBS signature case-based learning model.

## Related Programs

7 Courses



### Credential of Leadership, Impact, and Management in Business (CLIMB)

CLIMB enables new and experienced leaders to ignite their careers with a combination of vital and forward-looking business skills, self-reflection, and an immersive cohort-based learning experience with a diverse global network.

1 year, 5-9 hrs/week

Apply by January 9th$15,000 (four installments of $3,750)Credential 



### Sustainable Business Strategy

Professor Rebecca Henderson

Become a purpose-driven leader by learning how to influence key stakeholders and integrate values into your work to catalyze system-level change.

3 weeks, 7-9 hrs/week

Enroll by October 31$1,850Certificate 



### Economics for Managers

Professor Bharat Anand

See the world through the lens of economics and gain the knowledge and skills to craft successful business strategy.

8 weeks, 6-8 hrs/week

Enroll by September 12$1,850Certificate 



### Disruptive Strategy

Professors Rory McDonald & Clayton Christensen

Strengthen your capacity to create winning strategies and bring innovations to market by discovering customer jobs to be done and aligning your business’s resources, processes, and profit formula.

6 weeks, 5 hrs/week

Enroll by July 18$1,850Certificate 

### Top FAQs

How are HBS Online courses delivered?
+–

Our platform features short, highly produced videos of HBS faculty and guest business experts, interactive graphs and exercises, cold calls to keep you engaged, and opportunities to contribute to a vibrant online community.

Are HBS Online programs available in languages other than English?
+–

We expect to offer our courses in additional languages in the future but, at this time, HBS Online can only be provided in English.

All course content is delivered in written English. Closed captioning in English is available for all videos. There are no live interactions during the course that requires the learner to speak English. Coursework must be completed in English.

Do I need to come to campus to participate in HBS Online programs?
+–

No, all of our programs are 100 percent online, and available to participants regardless of their location.

How do I enroll in a course?
+–

Certificate Programs

HBS Online welcomes committed learners wherever they are—in the world and their careers—irrespective of their professional experience or academic background. To extend the reach of HBS Online, we no longer require an application for our certificate programs. (Applications are still required for our credential programs: CORe and CLIMB.) You can now immediately enroll and start taking the next step in your career.

All programs require the completion of a brief online enrollment form before payment. If you are new to HBS Online, you will be required to set up an account before enrolling in the program of your choice.

Our easy online enrollment form is free, and no special documentation is required. All participants must be at least 18 years of age, proficient in English, and committed to learning and engaging with fellow participants throughout the program.

Updates to your enrollment status will be shown on your account page. HBS Online does not use race, gender, ethnicity, or any protected class as criteria for enrollment for any HBS Online program.

Credential Programs

HBS Online's CORe and CLIMB programs require the completion of a brief application. The applications vary slightly, but all ask for some personal background information. You can apply for and enroll in programs here. If you are new to HBS Online, you will be required to set up an account before starting an application for the program of your choice.

Our easy online application is free, and no special documentation is required. All participants must be at least 18 years of age, proficient in English, and committed to learning and engaging with fellow participants throughout the program.

Updates to your application and enrollment status will be shown on your account page. We confirm enrollment eligibility within one week of your application for CORe and three weeks for CLIMB. HBS Online does not use race, gender, ethnicity, or any protected class as criteria for admissions for any HBS Online program.

Does Harvard Business School Online offer an online MBA?
+–

No, Harvard Business School Online offers business certificate programs.

What are my payment options?
+–

We accept payments via credit card, wire transfer, Western Union, and (when available) bank loan. Some candidates may qualify for scholarships or financial aid, which will be credited against the Program Fee once eligibility is determined. Please refer to the Payment & Financial Aid page for further information.

We also allow you to split your payment across 2 separate credit card transactions or send a payment link email to another person on your behalf. If splitting your payment into 2 transactions, a minimum payment of $350 is required for the first transaction.

In all cases, net Program Fees must be paid in full (in US Dollars) to complete registration.

What are the policies for refunds and deferrals?
+–

After enrolling in a program, you may request a withdrawal with refund (minus a $100 nonrefundable enrollment fee) up until 24 hours after the start of your program. Please review the Program Policies page for more details on refunds and deferrals. If your employer has contracted with HBS Online for participation in a program, or if you elect to enroll in the undergraduate credit option of the Credential of Readiness (CORe) program, note that policies for these options may differ.

### Sign up for News & Announcements

Email*

### Subject Areas

### Quick Links

### About

### Legal

Copyright © President & Fellows of Harvard College