The International Commerce & Policy program (ICP) provides training in the political, legal, cultural and social aspects of global commerce, business and economics. This 36-credit program, distinct from the MBA degree, is designed especially for international and U.S. students wanting to develop proficiency and understanding in areas related to international relations, economics, politics, business, law and policy. The program, usually completed in 18 months if the student begins coursework in the fall, consists of a core of 24 credits. From there students may pursue one of several electives. Students who are non-native English speakers may add English for Business classes to their core requirements. Up to 3 elective credits may be taken from language courses in the student’s non-native tongue.

A Diverse Program

Approximately half of the students enrolled in the ICP program are from abroad (current and former international students come from: Belize, Brazil, Canada, China, Ethiopia, Ghana, India, Ivory Coast, Japan, Nigeria, Lebanon, Saudi Arabia, Serbia, Sierra Leone, South Korea, Spain, Thailand, 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


Core Requirements   24 cr
 ECON 501  Theory and Applications in Microeconomics    3 cr
 ECON 502  Theory and Applications in Macroeconomics  3 cr
 POL 513  Research Methods and Basic Statistics  3 cr
 ICP 621  Global Leadership and Team Development  3 cr
 ECON 623  International Economics  3 cr
 ICP 661  International Political Economy  3 cr
 ICP 662  International Competitiveness, Politics, and Policies  3 cr
 ICP 670  Law and Legal Principles  3 cr
 GRD 683  Professional and Career Development  3 cr


Students can choose up to 12 credits in electives to personalize their studies.

 ICP Electives   12 cr
 ECON 537  Public Economics  3 cr
 ECON 621  Managerial Economics 3 cr
 ECON 627  International Monetary Economics  3 cr
 ICP 540  International Finance  3 cr
 ICP 613  Future of Business in a Global Economy 3 cr
 ICP 614  International Marketing  3 cr
 ICP 615  New Venture Creation  3 cr
 ICP 616  Import and Export: Planning and Procedure  3 cr
 ICP 620  Cross-Cultural Management  3 cr
 ICP 621  Global Leadership and Team Development  3 cr
 ICP 622  Developing Nations and Sustainability 3 cr
 ICP 650  World Bank Global Issues  3 cr
 ICP 663  Comparative Public Policy  3 cr
 ICP 671  International Business Transactions  3 cr
 ICP 677  Public International Law and WTO  3 cr
 ICP 678  International Commerce and Trade Law 3 cr
 ICP 686  Internship in International Commerce and Policy 1-3 cr
 ICP 690  Advanced Topics in International Commerce and Policy 0.5-3 cr
 ICP 692  Research in International Commerce and Policy 3 cr
 ICP 695  Independent Study in International Commerce and Policy 3 cr
 IT 604  Project Management 3 cr
 LS 604  Intensive English Language 3 cr
 LS 605  English for Business 3 cr
 LS 608  Professional Writing and Research 3 cr


ICP Thesis Option

The International Commerce and Policy program provides a thesis option for qualifying students, particularly those interested in pursuing doctoral level study. Specifically, students approved for this option must take 3 credits beyond the regular ICP degree (39 credits total).

Thesis work comprises up to 6 credits. Three credits of coursework are first completed as ICP 692 Research Project and are intended for the development of a thesis proposal. With satisfactory completion of ICP 692 and approval of thesis candidacy, the student may enroll in ICP 795 Master’s Thesis.

Criteria for Admission

Applicants must meet all the requirements of the Graduate School as well as demonstrate adequate preparation for successful study in the program. Previous college-level coursework in macroeconomics, microeconomics, or their equivalent is recommended. Students are strongly encouraged to begin the program in the fall semester.

Early Entry Option for VU Undergraduates

Qualified VU juniors and seniors may apply to begin graduate course work in International Commerce & Policy prior to graduation. This unique program allows students to save time and money on their graduate programs. For more information, students should speak with their academic advisors and contact an admissions counselor at the Graduate School.

 University Assessment Practices


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