In today's global economy, nearly every business career is an international business career. International business calls for a unique set of skills, ranging from multicultural business etiquette to foreign trade regulations. A formal education in international business can set you up for success overseas.
International business careers include both expatriate positions in a foreign country and domestic positions involving communication and travel with foreign offices. Both roles require:
- cultural sensitivity
- language skills
- knowledge of foreign trade regulations
- knowledge of world affairs
- international finance
- government relations
Formal education is especially valuable in a global business context. The added complexity of conducting business internationally calls for a strong foundation in business fundamentals. And the multicultural environment calls for a universally recognizable credential such as a university bachelor degree.
Building the Foundation
The bachelor degree in International Business is the standard requirement for entry-level positions in multinational companies. In addition to business basics such as marketing and finance, international business degrees emphasize communication and language skills, foreign policy analysis, and management in an international context.
A Step Further
The standard strategy for advancing a global business career involves an MBA in International Business. This one- to two-year program is designed to sharpen management and leadership skills in an international context, helping students identify and take advantage of global business opportunities.
Besides educational requirements, international business careers require cultural understanding, interest, and sensitivity. To prepare for a global business career, start learning about other cultures. Study a foreign language, travel, volunteer with local immigrant support services, or connect with a global professional association.
As telecom and internet technology brings the world closer, international business careers will become more and more common. You can make sure you're prepared by building international experience and education.
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