Want a Career in International Business?
The increasingly global economy demands business professionals who comprehend international issues and are prepared to conduct business beyond the borders of the United States.
So what are the best degrees in international business? The answer depends on what your interests are: finance, international trade, technology, marketing �� and your educational ambitions. Learn about top degrees in international business and gather information with regard to which educational path can lead you to your chosen career.
Old School: Bachelor's in International Business
An associate's degree might prepare you for an entry-level position with a company that conducts business overseas, but a bachelor's degree in international business is the best college degree for those wanting to work directly in the field. Degree options include a bachelor of arts or bachelor of science in international business or finance. This degree could prepare you for an entry-level position as a: Financial analyst, International sales account manager, Import compliance specialist, or
International trade specialist, or Market researcher.
Many students choose to major in foreign languages, which, when combined with coursework in business or work experience, can be the best degree programs for careers in Marketing, International writing, and Cultural advising.
Most agree that good prep courses for a career in international business include international accounting and finance, political science and economics, importing and exporting, international marketing, international business law, and foreign languages.
MBA is Still the Bee's Knees
The leading business professionals understand that a master's of business administration (MBA) is a minimum educational requirement for management and senior-level positions. International business is no exception: An MBA is by far the best degree for to work abroad as: Economists, Stock brokers, Bank managers, Consultants, or Business managers, or Sales managers.
A good number of MBA programs offer concentrations in international business, global management, and other specializations with an international focus. These programs typically emphasize international regulations, cross-cultural communications, and global economic markets, in addition to providing the basic fundamentals of business management.
Other top degrees at the master's level are a master of science and master of arts in global management or affairs, or international leadership. Often similar to an MBA, these degrees prepare business professionals for upper-level positions working with multinational companies based in the U.S. or overseas.
Additional Terminal Degrees
Yes, an MBA is still considered a terminal degree for practicing professionals, but doctorates can open even more career opportunities in international consulting for governments and businesses, executive-level careers, and college-level teaching.
Other leading degrees include a doctor of business administration (DBA) in international business and a PhD in international business or international economics. Traditionally, a DBA is a practitioner's degree, while a PhD is the best degree in international business for those wishing to work in academia.
The number of careers in international business is expected to grow, according to the U.S. Bureau of Labor Statistics. Employment of management analysts, for example, is projected to swell at least 24 percent from 2008 through 2018, fueled, in part, by the growing need for experts in international business.