What is International Business?
The world today is becoming more and more digitally connected and increasingly global with many businesses becoming international. International Business programmes allow students to better understand the different management practices from businesses all over the world and prepare them for careers working in organizations that are engaged in business on a global scale or for working abroad.
What courses are available?
Universities and colleges in Ireland are offering courses in the following subject areas:
- International Business – A course for those interested in global business and management.
- International Business Management – The study of all aspects of International Business Management.
- International Business and Global Strategy – The study of the fundamentals of business on a global scale.
- International Business and Law – This course is designed to prepare students for the world of international business management.
- Business in International Marketing & Sales with French/German/Spanish – The study of International Business and Marketing with a focus on linguistic skills for multilingual environments.
- Internationalization – A study of the skills and knowledge to work in International Business environments.
Studying International Business in college
International Business courses cover all of the skills and the knowledge that students need to specialize in key business industries that operate globally. Students will spend time learning how to operate a business across borders and have a full understanding of International Business procedures and law.
International Business is a highly practical learning experience and students will learn by doing with group assignments that focus on real-life case studies. Students will be assessed with quizzes, tests, and end-of-the-module exams and may also have a group or individual projects and presentations.
Courses typically take place in a classroom setting over 1 to 2 years but are also available part-time, online, and at night courses.
Career options
A degree in international business prepares you for a global, culturally diverse career, with opportunities spanning sectors and industries. After completing a course in International Business you will have the ability to go into many industries and fields such as Business Development Director, Economist, Sales Manager or Trade Coordinator.
A career in International Business usually allows for travel around the world and interactions with high-level clients and companies. With the world economy growing more and more each day, many businesses now have offices in multiple countries and are looking for international business employees – from management to finance departments and marketing. There is also a wide range of opportunities for International Business graduates within the public sector and educational sector.
If you are interested in joining a global company or wanting to specialize in International Business it could be beneficial to learn a foreign language and show an interest in different cultures. Volunteering and traveling abroad will add a cultural element to your resume.
It is important to note that International Businesses do not always require employees to be based abroad, especially in the case of e-commerce or digital businesses that have an international client base.
Related jobs include:
- Management Analyst
- Marketing Manager
- Business Executive
- Marketing Executive
- Sales Executive
- Financial Analyst
- Policy Analyst
- Economist
- Arbitrator
- Business Development Manager
- Data scientist
- Financial trader
- Supply chain manager
Further study
Completing a course in International Business is the first step to go onto further postgraduate study often involving specialization in particular fields and areas of Business or undertaking work in adjacent career fields, such as Human Resources, Marketing, Interpretation, Accounting or Education.
Tourism and Hospitality is a huge industry with very International Business ties that could lead you into many other industries too.
It may even be beneficial to consider studying further abroad so that you can experience the cultures and languages of other countries first hand at the same time.
FAQ
Are there any particular qualities you need to study International Business?
An appreciation of culture and cultural differences and language are great qualities to have that will also allow you to stay passionate about the industry and your work.
An ability to communicate with different audiences and have an understanding of the different backgrounds and how to engage with people from all backgrounds and cultures will help you to do well in an International Business course. Teamwork is also very important.
As with most Business or Management fields, planning and management and critical thinking play a large role in the study of International Business.
You will likely also have to do a lot of research and analysis so an interest in that is a plus. Flexibility will be extremely helpful as you may need to look into developing transferable skills on the job such as learning a new language or visiting a new country and learning their culture.
What is the difference between international business and international trade?
International business encompasses a full range of cross-border exchanges of goods, services, or resources between two or more nations.
International trade is when countries agree to allow their businesses to exchange products or resources, also known as importing and exporting goods. Businesses in one country will then buy (import) or sell (export) goods to businesses in other countries
Where can I study International Business?
Explore your options here
Did You Know?
· Wal-Mart averages a profit of $1.8 million every hour.
· Starbucks’ round tables were created specifically so customers would feel less alone.
· One in 10 Europeans are conceived in an Ikea bed.
· The red and white Coca-Cola logo is recognized by 94% of the world’s population.
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