International Business is about how commercial activities that take place for the transfer of goods, commodities, services, and technology from one country to another, across national boundaries.
Features of International Business:
Communication and writing skills are enhanced.
Managerial and Entrepreneurial skills are enhanced.
Analytical skills are developed along with leadership skills.
The study of International Business offers various degrees and specialization. They are explained below.
An Associate’s degree in International Business is the first step towards specialization in a bachelor’s and master’s degree. The program is completed in two years.
A Bachelor’s degree in International Business introduces students to laws, regulations which are essential when you are pursuing a career in multinational and a non-US based business and organization. The program is completed in four years.
A Master’s degree in International Business improves and develops a global mindset of business and different management practices into the student. The program is completed in one to two years of study, depending upon the College/University and the specialization of subjects.
A Doctorate degree in International Business prepares students for an academic career in a university rather than teaching the requisite skills to manage the business and people in a multinational Company. The programs take 3 to 6 years to complete.
The total number of students who were awarded an International Business degree was 9,760 in the year 2016. The enrollment in this very field is increasing by 2.28%.
The student can specialize in the following subjects like International Finance, International Trade, Global Management, Marketing, and Market Research.
There are various jobs where a degree holder in International Business can apply for, some be like, Management analyst, marketing manager, Executive, Financial Analyst, Policy analyst etc.
The average wage earned by a professional in International Business is around $85,676 annually. The approximate workforce in this industry is 10.5 million.
An International Business program makes a student ready for a career in Global Business and entrepreneurship. Comprehensive business strategies are built within the student. One should opt if he/she is passionate about the global business and its strategies and working.
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