Online Degrees in Global Business

Listed below are colleges and universities that offer online degrees or certificates in Business Administration and a detailed list of the programs that are offered.

Business is Global

Business has become an international enterprise. Companies who are trying to stay competitive when dealing with suppliers and customers in different countries need the expertise of individuals who have a good grasp of business concepts, as well as an understanding of different languages, cultures and regulations which apply at this level.

Obtaining a university degree in global business provides the graduate with credentials which will demonstrate to colleagues, managers and people from outside the company that he or she has the knowledge and skills to compete on the world stage. People who can communicate cultural differences when doing business internationally are and will continue to be in demand.

Global Business Career Outlook

People who can work in a cross-cultural environment are and will continue to be in demand in the future. Those who live in, or are prepared to relocate to, large metropolitan areas will be able to take advantage of a number interesting and financially rewarding career opportunities.

Demand for international management analysts is expected to increase by 24% over the next several years. Competition will be keen for available positions, as companies want to make the most effective use of their resources.

Graduates of this program can also find work in service and humanitarian organizations which operate on a global scale. Opportunities in sales and marketing should remain strong, since businesses rely on developing relationships with paying customers to generate revenue.

Becoming a diplomat is another door that is open to Global Business grads. The foreign service will need qualified individuals.

Depending on the particular position the graduate holds, he or she may spend a fair amount of time traveling. In some cases, the work involves moving to a different country to work. Some people find themselves based in the United States and connecting with people from other countries by phone or other modern means of communication.

Global Business Salary Information

Expected level of compensation for graduates of a Global Business degree program depend on a number of factors. Generally speaking, a person who has completed a Bachelor's degree program of this type can expect to earn an above-average salary because of his or her education in business and the ability to communicate in a second language.

An entry-level foreign service officer can expect to earn somewhere between between $32,000-$54,000 per year. Living in a foreign country can be considered a benefit to those who have the itch to travel.

An international account representative, who will likely be required to travel extensively as part of his or her job, would be able to obtain a starting salary of $39,000-$50,000 per annum. At the 10-year mark, a person working in this capacity would earn $44,000-$69,000. Commissions and bonuses could bump up annual earnings by as much as $20,000 per year.

An international banking manager's salary would vary, depending on location and the employer. A person working in this industry can expect to start off in the $40,000 range, and earning a six-figure income is not out of reach for a senior banking officer working for a large financial institution.

Global Business Required Job Skills and Knowledge

Bachelor's Degree in Global Business

People who are interested in studying global business at the post-secondary level have a number of options available to them. A Bachelor's degree is required to qualify for an entry-level position with a U.S. corporation doing business abroad. This type of program provides instruction in finance and marketing for the international stage. Students also benefit from programs which allow them to develop their communication skills and learn a second language.

Students enrolled in this program will take courses similar to the ones listed below:

• Advanced Business Communication
• Analytic Geometry and Calculus
• Business and Its Legal Environment
• Business Calculus
• Business Finance
• Business Writing
• Financial Accounting
• International Business Finance
• International Economy
• International Marketing Strategies
• Introduction to Information Systems and Applications
• Managerial Accounting
• Organizational Behavior
• Principles of Macroeconomics
• Principles of Management and Operations
• Principles of Microeconomics
• Probability and Statistics
• Quantitative Business Analysis:
• Principles of Marketing

A student who chooses the French concentration would also be enrolled in these courses:

• Contemporary French Civilization
• French in the Business World
• French for International Business
• Origins of Modern France

Other language concentrations would have similar courses, but with a focus on the specific language selected by the student. The choice of concentration to pursue should reflect the student's interests and professional goal to work with people from a certain culture.

College Networking Opportunities

An important part of success when working for an international corporation is networking. When choosing a university program, prospective students should find out whether the school they are considering offers a student-run association like the one offered at California State University Long Beach or New York University's Leonard N. Stern School of Business. These organizations offer students the opportunity to meet like-minded people and to attend events where they can meet business leaders in a number of industries. These contacts can be invaluable after graduation to launch or further a career on the global stage.