Also known as an International Management Consultant, an International Business Consultant has the exciting opportunity of combining the ability to affect business at the global level, traveling the world, and being immersed in other cultures. This profession is slated to enjoy a higher-than-the-national-average job growth rate of 12% over the next decade. The median salary for an International Business Consultant is reported to be over $80,000 a year. The job of an International Business Consultant is to find ways to improve an international organization's efficiency, allowing the company to be more profitable through lower costs and higher revenues. While international business continues to be a highly competitive market, these professionals specialize in the fields of distribution, human resources, production, purchasing, sales, and supply chain.
As organizations grow to the point of benefitting from establishing themselves in the international market, they will "depend on the expertise of international management consultants to help them take advantage of promising opportunities and achieve their business objectives. Skilled international management consultants are valued for helping organizations become more efficient by reducing expenses, cutting waste, and developing successful sales and marketing strategies." Depending on the industry, international business consultants may work as individual mangers or on a team. Their duties will include analyzing data and determining the feasibility of different solutions to organizational problems. While most professionals in this field will have at least an undergraduate degree in business, those looking to progress in this arena will want to consider the benefits of a Master's of Business Administration with a focus in International Business.
One nationally recognized business school which offers an online MBA in International Business is the Nathan M. Bisk College of Business at the Florida Institute of Technology. This 12-course program is delivered as a 100% online experience. Featuring a total tuition rate of $32,256, this program has been designed to offer its students "the global perspective and practical leadership abilities to position students as a stronger candidate for high-level and executive careers, including international business manager, international sales representative, international management consultant, and risk analyst." The concentration courses in this program include International Business, Financial Management Policy, Global Accounting and Financial Analysis, and Global Marketing Management.
Another program designed to prepare students for careers as International Business Consultants is delivered through the H. Wayne Huizenga College of Business & Entrepreneurship at Nova Southeastern University. Priced at $895 per credit hour, this 39-credit hour program features a total tuition rate of $34,905. This 100% online Master's of Business Administration with an International Business emphasis trains students to "successfully manage across borders and in different country cultural and institutional environments. International M.B.A.s learn to conduct business within the framework of global monetary systems, individual government policies and general economic, political, social and cultural conditions worldwide." This degree includes a management internship, an elective course entitled Globalization and Emerging Markets, and an International Field Seminar.
Receiving its exemplary business accreditation through the Association to Advance Collegiate Schools of Business, the Cameron School of Business at the University of North Carolina Wilmington features a 51-hour online MBA with a concentration in International Business. Priced at an affordable tuition rate of just $16,430, students taking coursework for this degree can satisfy all its requirements in as few as 21 months. This hybrid program requires students to visit the campus in Wilmington, North Carolina for two on-campus residencies. Students will also gain real-world business experience as the program includes a week-long residency in Asia or Europe. This residency includes workshops and consulting opportunities with international firms. Strategic Global Marketing & Branding, Global Strategy and Management, Marketing, Real Estate Investment Analysis, and International Finance are the International Business-intensive courses included in this degree.
