If you want to pursue a graduate-level international business degree on campus, you’ve come to the right place. Gradschools.com puts on-campus graduate certificate, master’s degree, and doctorate degree programs at your fingertips. Read on to learn more about campus international business graduate programs and the possible benefits of pursuing your certificate or degree on campus.
What is International Business?
Put simply, international business involves the economic and commercial transactions individuals, businesses, nonprofits, and governments make across borders and between countries. Some examples of economic transactions include capital, skills, and workforce and some examples of commercial transactions include goods, services, and resources.[i]
Why Study International Business?
As our world globalizes, more and more countries trade with each other, and their commerce and economies increasingly integrate. As that happens, multinational enterprises and organizations emerge and expand, and governments, nonprofits, and other entities exchange goods, services, human capital, and other resources. One outcome of this process is a demand for business professionals with well-honed knowledge and skills in international business.
International business professionals may need to understand an array of theories, practices, and principles in the field. They may need to know a lot about other countries, including factors such as legal systems, political systems, economic policies, accounting standards, labor standards, living standards and environmental standards. They may also need to learn about different cultures, foreign exchange markets, tariffs, imports and exports regulations, trade agreements, climates, education systems, and languages.[ii] Overall, the field of international business is expansive but graduate programs in international business programs may help professionals develop the knowledge and skills they need to help international businesses and organizations succeed.