International business is perhaps one of the most lucrative and competitive industries today. International Business Management deals with the acquisition, structuring and implementation of business activities in different markets around the world. International business refers to the transference of goods, service, technology, capital or knowledge internationally and within a national or international framework. This field also covers international money management, international sales and marketing, international tax problems, and other related aspects of business. International Business Management involves the use of shipping and courier services by businesses to move their inventory, goods or services from one location to another. Businesses involved in the process include small to large businesses, shipping companies, customs brokers, shipping agencies, and freight forwarders.
For students seeking a degree in International Business Management, they can pursue two tracks: Bachelor of Arts in International Business Management (B Aires) and Bachelor of Science in International Business Management (BSIM). The program is comprised of both general business courses as well as specialized courses on international business. The BSIM program helps students acquire business administration skills in addition to a thorough knowledge of the international business market. Students learn how to attract business to a specific country and eventually achieve a highly profitable outcome. During the Bachelor of Arts in International Business Management program students also learn the basics of global economics, global marketing, international communication, global sourcing, and globalization theory.
Students enrolled in BSIM programs have the option of getting a four-year degree or a two-year degree. With the help of a BSIM diploma, one can fulfill his or her dreams of traveling the world or working for a multinational company. As part of the program students also get to learn the theoretical and practical aspects of global business management. They also get to develop their communication and leadership skills that will help them progress in their careers. A four-year degree program is more ideal for those who wish to pursue higher positions in international business management or work for international businesses as their career choice.
Almost all international business management certification programs have a prerequisite course, in which candidates must pass. In this case, all candidates who are still in high school must have their transcripts verified by their high school teachers. Students can also check if they pass their BSIM exams by contacting the International Business Management Association or the British Council. Students who pass with an average score of at least seventy-five can be accepted into the program.
It takes about two years for a student to complete the entire four-year course. After completion, students get to take a test known as the International Business Management Examination. This exam measures the academic competence and general knowledge. It is administered in conjunction with the School of Business, University of London. Students who pass with a score of at least seventy-five get to enter the Masters program in International Business Management.
In order to understand and manage global markets effectively, students get to learn the various skills such as planning, organizing, motivating, delegating, negotiating, and controlling. They also get to apply these skills in order to build and expand their career in international business management. During their Masters program, they will focus on areas of global management such as economics, politics, finance, and marketing. Other topics included in their study include health care, information technology, and non-profit organizations.
As part of the program, students will also learn how to design strategies for business operations in international markets. They will also learn the importance of business analysis and how to conduct thorough and in-depth market research. In their research, they will evaluate their findings and recommend ways for restructuring the existing global economy. They will prepare detailed proposals for transforming the global economy, as well as their own strategies for the new global business environment. Students will also learn how to use international business law and regulations to promote their own projects.
This Masters program is designed to give students a thorough grounding in the theoretical foundations of business management, as well as the practical application needed to successfully implement their ideas into a global environment. By learning all of the concepts that make up business management, students will have a solid understanding of the current global environment. They will also be prepared to critically examine the assumptions, models, processes, and structures that they use in their own organizations. They will not only be able to implement new ideas into their own organization, but they will also be able to use those concepts to better serve their clients and customers around the world. There are very few fields that offer more opportunities for international students to develop into leaders in the business management industry.