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By studying international business, you can pursue diverse career paths across multiple sectors and industries, including business, healthcare, law, and technology.
Earning a degree in international business allows students to develop a global business perspective. Graduates with this degree can find employment in multinational corporations, financial institutions, government agencies, nonprofit organizations, and other professional settings. This degree will also equip you with the core competencies and skills sought after by employers around the world.
This article provides an overview of the major and explores the job possibilities of an international business degree.
What does an international business major require?
A degree in international business provides core business competencies and helps you gain a comprehensive understanding of the nuances of organizational structure, operations, and regulatory requirements in countries around the world.
Students in this major explore how global economies intersect while learning important skills such as cross-cultural communication.
international business degree jobs
Earning a degree in international business can lead to a variety of career opportunities across multiple sectors and industries. The average base salary for graduates with a bachelor's degree in international business is approximately $89,000 per year.
Below is an overview of the jobs you may be eligible for with an international business degree. Please note that job requirements and qualifications vary widely depending on several factors, including employer and location.
Average annual income: $105,630, as reported by the U.S. Bureau of Labor Statistics (BLS)
Projected employment growth (2021-2031): +6%
job description: Economists collect and analyze data and statistics about the production and distribution of goods, services, and resources. These professionals study and observe economic patterns and develop statistical models to predict economic trends.
Economists use data-driven insights to advise a variety of organizations, including government agencies, banks, higher education institutions, and investment groups.
human resources manager
Average annual income: $126,230 (as reported by BLS)
Projected employment growth (2021-2031): +7%
job description: Human resources managers work in almost every industry and oversee the organizational and administrative functions of businesses and organizations. These professionals are responsible for the recruitment and onboarding process, provide training, and play a key role in the development of the company's culture.
Human resources managers respond to employee needs, mediate disputes, and serve as an important link between management and employees.
Average annual income: BLS reports $93,000
Projected employment growth (2021-2031): 11%
job description: Management analysts closely examine an organization's strengths and weaknesses and gather information and data to inform the organization's strategic decisions, implement necessary changes, and improve productivity. These experts use data-driven insights to help organizations improve efficiency, increase revenue, and reduce costs.
Many employers require applicants to have a bachelor's degree in economics, business administration, engineering, or a closely related field. Some may also prefer or require applicants to have a Master of Business Administration (MBA) degree.
market research analyst
Average annual income: $63,920 (as reported by BLS)
Projected employment growth (2021-2031): +19%
job description: Market research analysts conduct qualitative and quantitative research and collect and analyze data to help organizations determine which products and services perform well in consumer markets. These marketing professionals design surveys to help organizations discover customer preferences and achieve business goals.
Average annual income: $97,970 (as reported by BLS)
Projected employment growth (2021-2031): +7%
job description: Operations managers oversee the day-to-day operations of a business or organization. These professionals play a critical role in helping businesses maintain efficiency, profitability, and compliance. They work to improve operational management systems, processes, and best practices to help organizations achieve demonstrable results.
Operations managers oversee an organization's employees, budget, project implementation, and strategy. We also implement strategies and policies to improve productivity and positively impact business outcomes.
How to advance your career in international business
Like many other career paths, the career path of an international business professional is highly dependent on education and work experience. Earning a graduate degree in international business will expand your employment opportunities and qualify you for more advanced senior-level roles in the field.
Earn a Master's Degree in International Business
A master's degree in international business allows you to build on the foundational knowledge and skills you gained during your undergraduate studies and develop your field expertise. Most international business master's programs require a student to complete her 30 to 36 credits. Typically, it requires one year of full-time study to complete.
Some schools offer an MBA in international studies. However, this degree course is usually aimed at professionals who have at least 2-5 years of work experience.
At the master's level, the International Business degree offers an interdisciplinary curriculum covering areas related to core business competencies, geopolitics, international trade law, foreign policy, emerging markets, the global economy, and intercultural communication. Coursework for a Master's degree in International Business typically includes the following subjects:
- accounting principles
- business law
- world economy
- management accounting
- organizational behavior
- Operations management principles
Earning a master's degree in international business may qualify you for your next job.
- business development director
- corporate investment banker
- global operations manager
- international marketing manager
- policy analyst
Earn a PhD in International Business
International Business PhD programs typically prepare students for academic careers, such as university roles or leading training and development teams or programs at multinational companies.
PhDs in international business are typically research-driven and focus on quantitative research methods, economic theory, and management. Most international business doctoral programs take him four to six years to complete and submit a thesis.
With a PhD in International Business, you can pursue a career in:
- economic researcher
- global policy analyst
- Global Training and Development Manager
- Senior risk management consultant
- University professor
Consider professional certifications
Several international business certifications are available to help professionals validate their global business knowledge and skills and chart a path to career advancement. Before pursuing a certification, it's important to research its value and purpose and ensure it aligns with your professional goals.
The Certified Global Business Professional (CGBP) certification offered by NASBITE International is a widely recognized credential that certifies professional competency in four key areas: trade finance, global marketing, supply chain management, and global business management.
International Business Degree Jobs Frequently Asked Questions (FAQ)
Is a degree in international business useful?
Yes, earning money in international business can lend itself to a career that spans multiple sectors and industries. This degree can lead to a variety of career opportunities in your home country and abroad. Graduates learn fundamental business concepts and skills sought by employers around the world.
What can you do with a bachelor's degree in international business?
A bachelor's degree in international business qualifies you for several roles, including import/export compliance specialist, international banker, management analyst, international marketing manager, and budget analyst. These are just a few of the few career paths and positions that graduates with a bachelor's degree in international business can choose from.
What are the highest paying jobs in international business?
Global marketing managers rank among the highest paid professionals in the field of international business. The U.S. Bureau of Labor Statistics reports the average annual salary for marketing managers as $133,380.