International/Global Business Studies Bachelors Degree Online
Is an International Business Degree for You?
As the world becomes increasingly globalized, there will continue to be an added emphasis on international business. The international business degree teaches the fundamentals of business administration with an international perspective. Students are equipped with the values, knowledge and skills to apply business principles to various environments around the world. They become familiar with markets and cultures that contrast from our own and how they function together. Students can tailor their degrees to specific careers they are pursuing, concentrating on disciplines such as economics, accounting, finance, management and marketing. They can also focus on specific regions where they would like to work and learn the language. International business is ideal for students who want to explore the world beyond America and facilitate mutually beneficial business relationships.
Advice for Earning Your International Business Degree Online
When searching for an online international business degree, it's essential that you make sure the schools and programs you are considering are accredited. Accreditation is a measure that ensures colleges are performing to the satisfactory educational standards established by the accrediting agencies. By checking the U.S. Department of Education's Database of Postsecondary Accredited Institutions, you can find out if a school is accredited or under review for accreditation status. You can also find out if your prospective business program is accredited by checking with one of the following agencies: The Association to Advance Collegiate Schools of Business (AACSB), The Distance Education and Training Council (DETC), The Council for Higher Education Accreditation (CHEA) and The Association of Collegiate Business Schools and Programs (ACBSP).
Required Courses
Before diving in to the business courses, international business students usually earn prerequisites in financial accounting, managerial accounting, principles of macroeconomics, principles of microeconomics, business administration and business law. Once they have completed those courses, they enroll in courses such as principles of marketing, international marketing strategies, business finance, international business finance, organizational behavior, principles of management operations and quantitative business analysis. Of course, in order to function internationally, an international businessman or businesswoman would need to communicate in the language of the region. Some programs require up to three years of study in a foreign language, and some offer business concentrations tailored for specific countries. Also, dedicated students can gain hands-on experience by studying abroad.
Common Career Paths
A degree in international business can take you around the world. Graduates find careers working for international firms in different capacities. For example, you could undertake an international marketing campaign, target new employees to recruit from specific countries, or devise strategies for entering new international markets. You can pursue careers in foreign affairs and specialize in international policy, or international logistics to deal with the import and export of goods. In order to attain the best jobs upon graduation, it helps to have accumulated experience working overseas with the culture with which you hope to work. Participating in multiple internships helps too, as they can provide the experience and connections that are crucial in the business world.
Starting Salary: $55,000
Mid-Career Salary: $89,956
Learn More About a Career in International Business
