5 Different Jobs With An International Business Degree
August 24, 2013
You're in college and decide that you want to pursue international business. There are many segments to international business, so there are several questions you need to ask yourself: (Psst! Can’t get hired? Watch this free tutorial.) What part of business are you interested in? What kind of job do you want? How much do you want to travel?
5 Jobs With An International Business DegreeThe options ahead of you are quite varied, depending on where or what you decide to specialize in. Here are five different jobs available for someone with an international business degree. Please note that many of these positions are only obtainable after receiving an advanced degree.
1. International AccountantIf you found accounting interesting during your business classes, you can pursue a career as an international accountant. This career usually involves obtaining an MBA in accounting in addition to your bachelors of international business. This position is very important as standard GAAP doesn't apply in every country. The company will need your expertise in knowing the various tax laws and currency exchanges as well as how to read and create financial statements for other countries’ laws and specifications
2. Import/Export Compliance Specialist (Or Customs Compliance)This job is found in both the federal government and private sector. You could also be an independent contractor and work for several companies. A compliance specialist maintains the compliance of imports and exports within regulatory law, both domestic and international. In addition, you would need to make changes as needed to stay within the regulatory laws. The most lucrative jobs are found within the federal government.
3. International EconomistEconomists study the market, they analyze, examine trends, and make projections. An international economist does this on an international level and not just domestically. Companies in the international market or those looking to enter it will use an international economist to watch the trends, examine economies, and make projections about the places they are interested in doing business with or continuing. This is not an entry-level position but you can work your way up to one from starting in finance or marketing within that organization.
4. Management AnalystAlso called a management consultant, these jobs are found everywhere domestically. They analyze company operations to look at efficiencies, examine profit margins, and study the company structure. With an international business degree, you can go beyond the domestic side and examine how the international segments of the company can be improved. This position often involves significant travel or living abroad as you will have to personally examine the segment of the company in order to analyze its function.
5. International BankingFor degree holders who have an interest in banking, you have some choices with an international business degree. You could work at a local bank with foreign accounts or at a foreign-owned bank that does business in your country. After you complete your degree, you will have several different options on where you want to go in your career, from finance to banking to consulting. While many of these jobs need advanced degrees or specialization, they are still obtainable and lucrative.
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