International Business Management

Studying International Business Management

What do Apple, Barclays, Infosys and McDonald’s have in common? They are all businesses that operate internationally; with clients and employees spread across the world. Operating across the borders isn’t a strategy exclusive to just the large players. Even small business are waking up to the potential benefits of trading across several different countries. Political developments like creation and implementation of trade deals and free trade zones are fuelling businesses to look overseas to sell, source resources and services and meagre or cooperate with foreign businesses.

By studying international business management, you will be prepared for a career with multinational companies, government and organisations with a global focus. You will learn the fundamentals of business and be able to specialise in marketing, management or accounting, depending on the university’s offering.

Some of the most popular universities in the United States that offer programmes in international business management include the likes of:

  • Maryland University
  • New Jersey Institute of Technology
  • Northern Arizona University
  • University of St Thomas
  • University of Central Oklahoma

Salary and Career Prospects

International business management professionals are employed by virtually every company in every sector, including IT and tech, retail and hospitality and banks.

Some of the roles graduates take up are International Business Development Officer, International Trader, International Sales Manager, Management Consultant and Finance Controller.

Salaries vary depending on qualifications, job role, location and experience. As a guide, international business management professionals earn around an average of $95,000 a year (66 lakhs INR).

Why study in USA?

The United States is the most popular destination for international students. Its universities are widely regarded as being among the best in the world for teaching, learning and research. In fact, American universities consistently outrank non-American universities in QS World Rankings every year.

The US economy is the world’s largest. The country is the birthplace of conglomerates like Amazon, Dell, Microsoft, Citi Group, Ford and Walmart. American companies operate in pretty much every sector or industry, ranging from IT and technology to pharmaceutical to retail, transport, and hospitality. Different regions of the United States are known for excelling in different industries. California, for example is a world-leading IT and technology hub and New York is a major business, banking and finance hub. In addition to this, several international agencies like the United Nations, World Bank are headquartered in USA.

The country is a popular tourist destination, with millions of tourists drawn to its vibrant cities, breathtakingly beautiful national parks and landscapes, excellent dining, hospitality and leisure options and historic buildings, museums and art galleries. New York, Chicago, San Francisco, Los Angeles and Seattle are among the biggest cities.

There is no language barrier because English is the de facto official language. However, USA is a multicultural country and several hundred languages are spoken at community level.

International graduates are able to apply for a post-study work permit, or optional practical training (OPT) as it is called in the States for a period of up to 36 months.