Degree Overview: Master of Business Administration (MBA) Degree in International Commerce
Majors Overview May 20, 2015Get information about Master of Business Administration (M.B.A.) degree programs in International Commerce and their education requirements, coursework, career choices, wage outlook, and continuing education choices.
Master of Business Administration (M.B.A.) Programs in International Commerce
Those seeking a global business education may choose from numerous Master of Business Administration (M.B.A.) concentrations, such as those in global management, international business, cross-continent business management, commerce and business, and multi-national management. Program coursework is devised to teach students concepts and strategies used in business operations on a global scale. Group projects, presentations, reports, assignments, and rigorous training are in the program that prepares students for the demands and stresses of the multi-continental business world. Students can use the courses to develop their business intuition in logistics, international marketing, international government, and import/export. With a Ph.D., students can secure jobs to boost their career responsibilities, as well as financial opportunities. Those seeking careers in academia or research would need a doctoral degree.
Education Requirements
Admission criteria may commonly require incoming students to hold a bachelor’s degree and be proficient in a foreign language, apart from submitting letters of recommendation, and TOEFL and GRE or GMAT test scores.
Coursework
The program curriculum may include numerous core courses with a focus on general business concepts and practices in all areas of business apart from concentration courses in international management and trade. Core coursework may cover topic areas such as:
•Corporate governance
•International business ethics
•Global human resources
•International accounting
•Negotiation
Career Choices
Armed with the knowledge of fundamental international business principles and cultural relations gained from an MBA in International Commerce, students can seek careers as executives and managers in a global organization. They can choose from popular career titles such as:
•Global business entrepreneur
•International trade investor
•Multi-national business executive
•International financial planner
•Global corporate marketer
Wage Outlook
Wages paid to holders of an international business master’s degree can vary by experience level. In January 2014, individuals with a master’s degree in international business with 1-4 years of work experience brought in an average annual wage of $65,000. Those with 5-9 years of experience earned $75,000. Extremely experienced professionals with 20 or more years of experience banked $134,498 on average per annum.
Continuing Education Choices
Program graduates can seek continued education by earning doctoral degrees in business. They can also attend numerous conferences, seminars, and executive or managerial development programs. Executive training organizations sponsor programs aimed at offering further business development and knowledge (U.S. Bureau of Labor Statistics).
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