International Business Degree FAQs
Do I Need a Degree to Work in International Business?
In most sectors, a bachelor's degree is required for landing employment in the international business area of industry. If you want to get started with an entry-level position, then obtaining your associate's degree in international business will help you get your foot in the door. However, for the higher-paying positions, a master's degree in either international business (MIB) or business administration (MBA) is needed.
What Are the Requirements for Acceptance Into an International Business Degree Program?
At the minimum, most international business associate's degree programs require the applicant to have a high school diploma or equivalent. Since the jobs in this sector are often overseas, it is important for the applicant to be fluent in at least one other language.
For advanced degree programs like those for a bachelor's or master's, applicants will generally need to have high GPAs in order to be accepted. To be more exact on the requirements, contact the admission counselor for the online college or university program of interest.
What Topics Are Covered in International Business Degree Programs?
Most online international business programs discuss a wide number of business topics. These can include accounting, international law, international trade and customs, sales, strategies, finance and other traditional business disciplines.
What Can I Do With an International Business Degree?
Global companies have a wide range of positions that need filled by qualified personnel, so in many cases, the careers varied and numerous. Some examples of common positions filled by individuals with a degree in international business include retailers, trade experts, banking, managers, tourism, advertising and sales professionals.
What Is Required of Someone Who Works in International Business?
A career in international business can be exciting, challenging and very rewarding. There will normally be quite a bit of travel required. Knowing a second language may also be instrumental. In addition, the individual should be comfortable living among cultures that may be very different from his or her own.
What Kinds of Salary Can I Expect From a Career in International Business?
The pay scale for individuals in international business tends to be quite high, although it does correlate with the responsibilities, education and experience of the individual. Many lower-level managers and executives can earn between $50,000 and $130,000, while top executives earn upwards of $400,000 per year. Those at the higher end of the pay scale tend to have many years of experience and a master's degree in international business.