Because our world is getting smaller and business is getting bigger, a top online MBA in International Business can offer students tools and knowledge that can be used across all sectors of business. Many business professionals with an MBA in International Business will pursue a career as a financial analyst. It has been reported that the median salary for this position is $58,899. Simply put, a financial analyst “carefully studies marketplace trends, demographics and microeconomic factors to help the company make smart investments. The financial analyst may also provide advice to companies on issuing their own bonds, splitting stock and other areas of concern.” A financial analyst will have a good working knowledge of where his company allocates it resources and will be able to make adjustments in order to keep the financial situation viable in the future. While a financial analyst will need to communicate reports and realities with the company, international organizations typically staff these positions with analysts who have an education and experience in international business.
Another interesting career one can pursue after attaining an MBA in International Business is that of an international buyer or trader. To date, over 41 million American jobs rely on trade between the U.S. and foreign countries. With the establishment of Free Trade Agreements, corporations are always needing managers for international trade. These positions often offer the chance for managers to travel and enjoy other cultures while being well-compensated to do so.
One high paying field of business is advertising, promotions, and marketing management. These types of managers are responsible for planning programs that generate consumers’ interest in products and services. While there is a high chance advertising, promotions, and marketing managers may work for an advertising firm, they may also work within a larger organization’s management office. Managers at this level typically coordinate with and oversee art directors, financial staffs, and sales agents. While jobs in this field continue to grow at the national average of 9%, the attractive median salary reported in 2016 was $127,560 annually for marketing and advertising managers. An undergraduate degree in advertising or marketing is usually expected of many firms hiring for these positions while a master’s in management or business or an MBA will make a potential hire attractive to organizations. Corporations with an international reach will also be interested graduate students with an international business degree.
One of the nation’s highly-accredited business schools is the College of Business at Florida Atlantic University. This business school, which is accredited by the prestigious Association to Advance Collegiate Schools of Business, features an online Master’s of Business Administration with a concentration in International Business. Divided between 28 core credits and 12 International Business-intensive credits, this 40-credit hour program has been designed to be completed in less than two years. Concentration courses within this degree include Advanced International Monetary Economics, Cross-Cultural Management and Human Resources, International Business Operations, Global Marketing Management, Global Supply Chain Management, and Managing Effectively in Emerging Market Economics. The total tuition rate for this program is $32,000.
Another stellar online MBA with a specialization in International Business is offered at the Raj Soin College of Business at Wright State University. Students with the proper academic background can satisfy the requirements for this degree by completing only 33-credit hours. Priced at $622 per credit hour this program features a total tuition rate of just $20,526. The business school has designed this program to train students “to work in a global business environment and address the multiple challenges and factors that impact international business and management. You will study advanced concepts in international business including international economics and financial management, as well as complete a short-term study abroad program. You will develop a global understanding of the skills needed to assess the complex problems in global business markets and implement effective solutions.”