International Business schools offer courses of study that appeal to students who have a strong desire to increase their understanding of the global business market or those interested in working abroad. Part of the program can help student gain insights into the cultures and countries around the world – how they function from global business perspective. You may learn about different educational systems, languages, foreign exchange markets, trade agreements, and more. Plus, campus programs offer graduate certificates, master’s degrees, and doctorate degrees.
Did You Know?
Learning a second language may increase your chances of working abroad and may open up many more career opportunities.
One of the main benefits for students pursuing a master’s degree in international business on campus is that one-on-one, face-to-face connection. Many students may prefer this approach, as it stimulates after-class discussion with both fellow students and faculty. You have a question or discussion point? You can address it right away. This approach also helps with study groups, group projects, and on campus work-study programs. For students studying a new language, the in-person connection can certainly benefit, as students can frequently speak to each other in the new language, which may help them better understand the nuances of the language and improve overall communication.
Students may pursue one of three types of master’s degrees in international business:
· Master of Science in international business (M.S.)
· Master of Art in international business (M.A.)
· Master of International Business (M.I.B)
These three types of international business master’s programs usually focus on coursework that emphasizes key concepts, theories, practices, and applications of international business. Coursework may also focus on business in a particular region of the world or a particular industry. You may opt to take elective courses that go deeper into a certain area of study within international business.
Another option for students who want to pursue a master of international business on campus is a Master of Business Administration in international business (M.B.A.). This is different from the aforementioned degrees as its curriculum mostly focuses on general business practices in an international context. You can, however, pursue and M.B.A. and a master’s degree in international business simultaneously, if you like.
Some campus international business programs may require students to have work experience in business. Be sure to check with your preferred M.B.A. program to learn more about what is required.
An M.B.A., M.I.B., M.S., or M.A. in international business can take over one to two years of fulltime, intensive, or part-time study. At the ends of the program, students may have to write a thesis, take a comprehensive exam, or complete another type of capstone project. An internship or work with a mentor may also be required. Every school and program differs, so be sure to check with your preferred programs for specific requirements and course details.
For students pursue one of two doctorate degree campus programs in international business:
Ph.D. programs in international business generally offer core and elective coursework in key concepts, theories, and principles. Through Ph.D. programs, students may also gain extensive and in-depth knowledge of international business and specific areas of international business. You may further specialize your education through an intensive research project called a dissertation. At the end of your Ph.D. programs, you may have to defend your dissertation before a panel of faculty.
D.B.A. programs in international business generally offer core and elective coursework in areas of general business. You may also add international business to your coursework through a minor or electives. Keep in mind, some D.B.A. programs require intensive research as well as students with work experience in business. Check with your preferred campus international business program for specific requirements or qualifications.
A Ph.D. or D.B.A. in international business may take four to six years of fulltime or intensive study to complete. At the end of the program, you may have to complete a capstone project (such as a dissertation) or take a comprehensive exam. You may also be required to do an internship, work with a mentor, work as a research assistant, or do student teaching. Check with your preferred programs to learn more about what you might expect.
A graduate certificate in international business on campus may help students further develop their knowledge in international business. Through core and elective classes, you may study international business broadly or you may focus on a particular area. Some certificate programs may give students a great degree of flexibility to pick their courses while others give very little. Either way, certificate programs typically require students to take four to ten courses over the course of three months to one year.
Students in international business graduate certificate programs might take classes with graduate students in master’s or doctorate programs, and they might take a blend of on-campus and online courses. Be sure to check with your preferred graduate certificate program on courses you can take on campus.
For many campus graduate programs international business, you may study key principles and theories in one or more specific area. You may also study some component of international business in greater depth. Some of the courses you might study include:
In graduate certificate programs in international business, you may study core aspects of international business such as international business strategy; international trade and policy; international marketing, finance, accounting, or management; international economics; and international business as it relates to a particular region of the world.
Degree completed, you’re ready to begin your job search. So what’s out there? Qualified candidates can find myriad opportunities with an international business degree, especially at the graduate level or higher, where more opportunities exist. With a master’s degree in international business, you can find opportunities in:
An M.I.B. is almost always required should you decide to pursue a management position.
The main focus for employers looking to hire candidates with an international business degree is their specialty. That being said, certificate programs are available for a number of specialties: business administration, finance, marketing, accounting, and more. Professional certificates may be a way to help you advance your international business career.
With a graduate degree or more in international business, you’re poised to find career opportunities in a number of different positions in industries. According to the Bureau of Labor Statistics, more than 50 percent of employers prefer to hire a professional with a graduate degree or more. Here are a few examples of positions and median annual salaries:
In general, annual salaries range from $90,000 to $150,000.
Choosing a campus program in international business is easier than you think. Even with so many options, you can easily narrow down your choices and get what you want. Use the above information to help refine your search. Then choose your preferred degree program, format, and location using the supplied links. See a program that aligns with your interests? Click the link for more International Business Programs information and find a perfect program that’s right for you. Do it! And good luck!
Sources: https://www.bls.gov/bls/blswage.htm; https://www.encyclopedia.com/education/business-degrees-and-programs/careers/international-business-jobs
Canadian School of Management