An international business bachelor’s degree provides students with an in-depth, global awareness of the operations and transactions that take place in today’s business world. A bachelor’s degree in this discipline also helps students build a foundation in business, accounting, finance, economics, sales, language, and numerous other important areas. Students will cover various factors that affect international business operations, such as how culture, economics, government, and consumers shape business decisions; the management of international deals and negotiations; factors that influence trade and investment; the role of language in international business operations; and more. Those who pursue a bachelor’s degree in this discipline will prepare for careers in areas like importing and exporting, shipping, supply chain management, sales, financial analysis, market research, and more.
Why a Bachelor’s Degree?
Although an associate degree in international business qualifies students for a number of entry-level careers, a bachelor’s degree is the most important qualification for positions in global businesses. Those who pursue an undergraduate degree in this discipline commonly attain positions as management analysts, financial analysts, sales representatives, and market researchers. According to the U.S. Bureau of Labor Statistics (BLS), financial analysts are required to have a bachelor’s degree as well as a number of licenses and certifications. Similar to financial analysts, management analysts are also required to have a bachelor’s degree and various certifications.
Getting Into a Bachelor’s Degree Program
Most schools have similar requirements for undergraduate degree international business applications. Here are some of the common standards:
- A high school degree
- SAT or ACT scores the meet the minimum requirements for acceptance
- A personal essay or statement of intent
Inside a Bachelor’s Degree Program
For full-time students, bachelor’s degrees with an international business concentration can usually be completed in four to five years. In addition to undergraduate courses, students are encouraged to seek out internships in business, finance, accounting, and other international sectors. Students will take business courses like comparative economics, intercultural communications, international relations, microeconomics and macroeconomics, business law, and numerous others. The expertise, confidence, and knowledge students take away from a bachelor’s degree program will assist them in attaining positions in international business enterprises.
An online degree is ideal for those who need flexible schedules, such as full-time professionals or stay-at-home parents. Assignments, discussion, and lectures are, for the most part, self-paced. However, since online students are still expected to meet all course deadlines, they must have the discipline to stay on top of their assignments.
What’s Next for International Business Bachelor Degree Holders?
Students who graduate with an international business degree are qualified to pursue careers in sales, business, finance, and numerous other industries. Two of most common positions attained by international business graduates are that of financial analyst and management analyst. According to the BLS, those who work as financial analysts earn an average of $74,350 a year. Management analysts earn slightly more, averaging about $78,160 a year. BLS research further indicates that both these exciting careers are expected to undergo an above-average employment increase from2010-2020. Employment in the field of financial analysis is estimated to increase by 23%, and management analysis is estimated to grow by 22 %. Career outlooks and salaries will vary by industry and employer.
Those who want to continue their education after a bachelor’s program often consider a master’s degree in international business. This in-depth, challenging degree plan prepares students for management positions in international business that require more responsibility than entry-level work. Certificates in international business are great for professionals who are not looking for college credit or who would like to expand their international business knowledge. A PhD in international business is a perfect option for those interested in consulting, research, professorship, or writing about international business theory.