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Business and Asian Culture (FIN 3555)

Purpose: to help other instructors teaching the same course

Common Course ID: FIN 3555
CSU Instructor Open Textbook Adoption Portrait

Abstract: This open textbook is being utilized in the Business and Asian Culture course for undergraduate students by Dong Man Kim at California State University, San Bernardino.  The open textbook provides a practical approach to doing business with Asian countries by introducing their historical, cultural, and business contexts.  Topics also include international business practices including documentation, customs clearance procedure, shipping, the methods and instruments of payment, and international commercial terms.  The main motivation to adopt an open textbook was to reduce student costs.  Most student access the open textbook in the PDF format at the Blackboard of the course.

About the Course

Course Title and Number

FIN 3555 Business and Asian Culture


Brief Description of course highlights:  

  • Satisfies Diversity and Inclusiveness Perspectives Designation; 
  • Satisfies Global Perspectives Designation
  • Major course
  • Semester Prerequisite: None. Quarter Prerequisite: None.

Introduction to religions, philosophies, cultures, characteristics, histories, and etiquettes of Asian countries from a business perspective. Topics also include the historical experiences and cultural contributions of Asian Americans to American society. As a practical approach to doing business with Asian countries and Asian communities, the course introduces international business practices including documentation, customs clearance procedures, shipping, the methods and instruments of payment, and international commercial terms. (Also offered as FIN 5555. Students may not receive credit for both.) Students in FIN 5555 must complete additional requirements. Formerly offered as FIN 355.

Link: http://bulletin.csusb.edu/coursesaz/fin/

Student population:

More than 60 students per year

Required course:

  • Certificate in Asian Studies
  • Minor in Asian Studies

Elective Course:

  • Minor in Finance
  • Minor in International Business
  • Minor in Real Estate
  • Bachelor of Arts in Geography - Global Studies Option
  • Minor in Geography
  • GE Minor: Global Connections
  • Minor in Human Resource Management
  • Bachelor of Arts in Administration


Learning or student outcomes: 
 

The object of this course is to provide a practical approach to doing business with Asian countries and communities by introducing their historical, cultural, and business contexts.  Topics also include (1) the historical experiences and cultural contributions of Asian Americans to American society, and (2) international business practices including documentation, customs clearance procedure, shipping, the methods and instruments of payment, and international commercial terms.

Key challenges faced and how resolved: Syllabus and/or Sample assignment from the course or the adoption [optional]: No challenges. Accessing handout at the Blackboard of the course is relatively easy.


Syllabus FIN 3555 2020Fall.pdf

FIN 3555 Assignment.doc

About the Resource/Textbook 

Textbook or OER/Low cost Title: 

Handout by Dong Man Kim (102 pages) $0.00


Brief Description: 

This textbook (handout) provides a practical approach to doing business with Asian countries by introducing their historical, cultural, and business contexts.  Topics also include international business practices including documentation, customs clearance procedure, shipping, the methods and instruments of payment, and international commercial terms.
Authors: Dong Man Kim
Student access:  

Students access handout in the PDF format at the Blackboard of the course.

Supplemental resources: List resources including online homework systems, interactive study guides for students, and faculty-only resources such as solutions and slides that are available.


Cost Savings:

Previously used text: 

  • Title: Import/Export: How to Take Your Business across Borders 4th Edition
  • Author: Carl Nelson
  • Cost: $23.80

https://www.amazon.com/Export-Take-Business-Across-Borders-dp-0071482555/dp/0071482555/ref=mt_other?_encoding=UTF8&me=&qid=

 

  • Title: Business in Asia-Pacific
  • Author: Sonia El Kahal
  • Cost: $74.00

https://www.amazon.com/Business-Asia-Pacific-Sonia-El-Kahal/dp/0198782195

Total: $97.80

OER/Low Cost Adoption

OER/Low Cost Adoption Process

Provide an explanation or what motivated you to use this textbook or OER/Low Cost option. 

Because the course is a combination of two unrelated topics--international trade practices and Asian culture, I must use two textbooks.  Furthermore, I cannot find good textbooks for both topics in terms of level and contents.  At the beginning, I had made handout as supplementary course materials.  Finally, I decided to replace two textbook with my handout for the course.  My handout covers all topics required by the course as an introductory course for the junior level students.  At the class, I also use photos as supplementary materials for students to understand visually.

How did you find and select the open textbook for this course? 

I made my handout and use it as the textbook. Students can access handout in the PDF format at the Blackboard of the course.  Students also can download and print handout.

Sharing Best Practices: The sustainability of open education relies on sharing with others. Please give suggestions for faculty who are just getting started with OER or Low Cost options.  List anything you wish that you had known earlier.

About the Instructor

Dong Man Kim

Professor of Finance

California State University, San Bernardino

Please provide a link to your university page.

https://jhbc.csusb.edu/accounting-finance/faculty-staff


Please describe the courses you teach.

I have taught following courses

  • FIN 3001    Business Finance
  • FIN 3550    Business and Asian Culture
  • FIN 4330    International Business Finance
  • FIN 4350    Investment Analysis
  • FIN 5555    Trade and Business in Asia
  • FIN 6530    Investment Analysis and Portfolio Management
  • FIN 6540    International Finance
  • HUM 328         Asian Cultural Traditions changed to CAL 3888 Asian Humanities in a Globalized World


Describe your teaching philosophy and any research interests related to your discipline or teaching.

Integration, relevance and adherence to learning principles are the terms that best characterize my teaching and mentoring philosophy in the classroom.  Students are more likely to be interested in and retain the material when it is relevant to their personal life and professional goals and when it integrates theory and practice. Thus, I have three main objectives for the students I mentor in the classroom: (1) To fully engage them in the real-world financial topics. I make the teaching materials relevant through real-world examples, metaphors, and connections to students’ life in an attempt to awaken students’ curiosity. For example, I begin each class with a discussion of current issues in the financial markets. These discussions enable students to raise questions about what they read reported in the financial press and provide them another avenue to apply what we are discussing in class; (2) To assist them to develop critical thinking skills.  I believe that students’ critical thinking is promoted by engaging and challenging them in hands-on experience such as research-related projects, investment simulation competitions, real-world case study assignments, etc. The concepts and theories students have studied in their textbooks come alive in these activities. I can see that students start to gain self-confidence through my mentorship which leads to increase problem solving skills and appetite; (3) To teach them to communicate effectively. I encourage my students to obtain practice in oral communication by presenting their ideas and results in the class. They are also expected to write a report on their research projects on which I provide feedback.

My research interests include Corporate finance, Investment, and international finance.