Online International Business Degree

Top Rated Programs:

Century University - MBA internaional business management (1 reviews)

International Import-Export Institute - Bachelor Of Science in International Trade Management (1 reviews)

Ashford University - International Business (2 reviews)

California InterContinental University - Masters of Business Administration (7 reviews)

Partly due to the internet, companies and organisations the world over are becoming globally connected which has led to an increase in the level of international business. Students studying for international business degrees learn about other cultures, foreign languages, international law and politics as well as the logistics of investing and trading with overseas companies. They familiarize themselves with cultures and markets that differ from those in the United States and learn how they can all function together. Students can customize their degrees to careers they are pursuing by concentrating on specific disciplines such as finance, economics, accounting, management and marketing. They can also decide on which regions or countries they would like to work in and learn the language. International business is continually expanding as more countries become tied together through trade and the global economy increases.

Searching for your online degree program

Studying for a degree online is far more acceptable these days and employers recognize that an online degree is just as worthy as a standard degree. When searching for an online international business degree course, it is vital that you choose a school and program which is accredited since this ensures that they are meeting the required standards of the accrediting agencies. You can check on the US Department of Education's website to see if a school you are interested in is accredited or under review.

What courses are required?

Before diving headlong into an international business course, students generally take pre-requisite courses n subjects such as managerial accounting, business administration, financial accounting, principles of macroeconomics and microeconomics, and business law. Once they have finished these courses then they would enroll in classes such as business finance, international marketing strategies, international business finance, principles of marketing, organizational behavior and quantitative business analysis. In addition, to function fully as an international business man or woman, an individual would need to be able to communicate in the language of their chosen country or region. Some online programs require up to three years of study in a foreign language as well as other specific business concentrations for specific countries. However, students can get hands on experience by studying in a foreign country.

Types of career opportunities

Armed with an international business degree, you can go all around the world. Graduates can make a career in differing capacities internationally. To get the best jobs after graduating it helps if you have experience working overseas with the culture in which you would like to work. Taking part in multiple internships can help, since they provide both connections and experience which are essential in the business world.

Possible careers include

Foreign Market Analyst – this involves gathering information to determine whether a product or service is likely to succeed in a foreign market. An analyst will work with a company using sources such as potential consumer needs, foreign laws, and cultural traditions. From their findings they will also advise how a company would manufacture, price, and market the product or service in such a way as to maximise sales and keep costs as low as possible.
Foreign Service Officer – An officer would work within the US State Department in any one of five areas: economic, management, consular, political or public diplomacy and can choose between becoming an economic officer or a management officer. Economic officers work closely with other governments on issues relating to trade, energy and the economy whilst management officers have responsibility for embassy services. Competition is tough but the US is confident that there is likely to be around a 10% job growth leading up to 2018.
International Travel Agent – As an ITA you would be responsible for helping travellers to make decisions as to when, where and how to travel as well as advising them on the easiest methods of transport to and from international destinations. An ITA does all of the legwork leaving the traveller to look forward to their experience and bringing back some great memories. The ITA would need to be well versed in a range of cultures, languages, and laws whilst researching trips.

Prospective Salaries

A foreign market analyst can earn around $61,000 a year but this is dependent on experience, location and type of employer, amongst other things. Some jobs also rely on sales performance bonuses to boost their annual income.

The entry level for a Junior Foreign Service Officer ranges between $35,000 - $59,000 and those posted overseas may qualify for an additional overseas payment. The junior officer program allows for two promotions within a two year span which can elevate the salary to somewhere between $55,500 - $65,500.

An International Travel Agency can expect to earn upwards of $40,000 per annum.

Graduating in an online business degree really does open up the world for those individuals looking to spread their wings and see more of the world.

Review graduate business degrees from accredited Online MBA Programs and schools.