While there is no doubt that getting a business degree is a smart career choice, figuring out what type of business you want to get into is usually what most students struggle with. There are so many different positions and opportunities within the business world that it can be tough trying to figure out what you want to do and where you want to focus your efforts in order to specialize in a specific area or industry.
The internet has changed business. We now truly live in a global economy, which has made international business not only easier to do, but also a career that is sought after by more business students.
The following will answer some of the common questions that students have about a career in international business.
International Business FAQs
Q: Can I get a degree in international business?
A: Absolutely. International business degrees are offered by many colleges and universities. Most are offered at the graduate level and business schools commonly offer international business courses and address many international business topics as part of the curriculum.
Q: What will I learn with an international business diploma?
A: You will learn how to conduct business in a global environment that takes into account different economic, political, social, cultural and legal systems.
Q: What type of companies can I work for in international business?
A: There is really no limit to the type of companies that you work for once you get a degree in international business. Some of the most popular companies to work for with this degree include multinational companies and international organizations that have offices around the world. Other options include banks, the government, consulting firms, charitable foundations as well as NGOs.
Q: How is international business different from regular business?
A: International business is more different than most people think. With international business laws, import/export taxation, currency exchange, and different working conditions in almost every country in the world, there is a lot more to consider when working with and conducting business with international companies.
Q: What types of jobs exist in international business?
A: Just like in any business setting, there is no shortage of positions that could be available. Common international business positions include foreign trade, importing/exporting, regional operations managers, customer service, foreign business analysts and sales just to name a few.
Q: Are there any specialized skills that I will need?
A: As part of doing international business, it goes without saying that you need to be an effective communicator. For many jobs, this means that you will need to speak a second or even multiple languages at a conversational level. You will also need to have knowledge of and understand foreign cultures and their customs and conventions.
Q: How much will I have to travel?
A: How much you travel will depend on your position. But, expect to travel on a regular basis. You may also be required to relocate to another country as part of your position either on a temporary or semi-permanent basis.