Eighty-five percent of the global economy is located outside of the United States. That’s nearly $70 trillion that can only be accessed by those who pursue programs like the 20 Best Online International Business Degrees.
The United States economy is still strong, but new powers like China and Brazil make global expertise valuable. Even American companies need to learn the complexities of many different countries and continents.
Experts in international business learn about trade, currencies, shipping, and even culture. International business can also mean perks like travel to exotic locations.
What is an International Business Degree?
International Business focuses on the trade of goods, services, and capital between countries. Students in the field study the economic and political barriers to trade. They also learn about how changes in technology affect global trade.
Students often pursue study abroad or internship opportunities that expose them to the global marketplace. Foreign language proficiency is often encouraged, along with classes in cultural awareness and ethics.
Degrees in International Business qualify graduates for leadership positions in private, public, and non-profit organizations. Graduates may also pursue careers in human resources or opportunities in entrepreneurship. It’s also possible to earn a degree in Business Administration with a concentration in International Business.
How Much Can You Earn With An International Business Degree?
International Business training can lead to careers in fields such as customs compliance. Financial examiners can focus on customs compliance, and bring home an average annual salary of $82,000 per-year, according to the Bureau of Labor Statistics.
There are already more than 50,000 people currently employed in this field. The BLS expects another 10 percent job growth in the next decade, which would translate to 5,000 new job openings over the next ten years!
What is Required for an International Business Degree?
Students will be expected to have or pursue elementary economics and business knowledge. They should also have a basic statistical background and be able to perform introductory calculus.
Students will take a mixture of courses in general business and international business. General courses focuses on core theory of business and microeconomics. International courses extend a student’s focus into the complexities and intricacies of the global market.
What Are the Best Online Bachelor’s in International Business?
OSR uses six data points: three school-wide and three program specific. For school-wide, OSR uses Student Satisfaction, Admission Rates, and the number of programs the school offers online. For program specific, OSR checks the Median Debt of graduates from that program, how many degrees are offered within that program’s umbrella department, and what percentage of students at that school graduated from that department.
The six statistics are displayed by each school. The sliding bar under each statistic represents how that school compares to other US institutions. “Not reported” means a school did not release that information to the US Department of Education. A more detailed description of the OSR process can be found on the methodology page.
