3 Exciting Careers a BSc International Business Management Can Help Prepare You For
What is International Business Management?
International business management is the comprehensive study of managing businesses that operate on a global scale. The scope of international business management is broad, covering finance, marketing, supply chain management, human resources and operations, across various countries and cultures.
This discipline goes beyond traditional business management by incorporating international trade laws, geopolitical factors and emerging market trends. You’ll learn how to analyse foreign markets, mitigate risks and adapt business strategies to different economic and cultural environments. With a degree in international business management, you’ll gain the expertise to help companies compete in an increasingly interconnected world, opening doors to exciting career opportunities in multinational corporations, global consulting firms and international trade organisations.
Skills and Qualities for Success in International Business Careers
To excel in a variety of international business management jobs, you’ll need to cultivate a blend of essential skills:
- Strong Communication: Articulate your ideas clearly and effectively across diverse cultural contexts.
- Cultural Awareness: Understand and respect cultural differences to build strong international relationships.
- Adaptability: Navigate and thrive amidst the dynamic nature of global markets.
- Analytical Thinking: Assess complex situations and make informed decisions that drive business success.
- Networking Skills: Build and maintain professional relationships that open doors to global opportunities.
By honing these skills, you’ll position yourself as a valuable asset in the international business management arena.
International Business Management Jobs
1. Business Operations
A business operations manager is responsible for the smooth and efficient everyday functioning of a business. They oversee the working systems and evaluate the best way of getting work done. They build teams, organise the company and oversee the work of teams. For instance, an operations manager of a manufacturing company will determine the schedule of the workers and the processes for creating products, organising the storage and delivery arrangement.
They may also come up with newer and more effective work strategies. The average salary of an operations manager ranges between $80,000-$200,000, depending on how large the organisation you work for is and the complexity of work involved.
An international business management degree equips students with the knowledge and expertise of finance, accounting, strategy and operations which are integral when it comes to managing a business. Business managers have to be strong at critical and analytical thinking in order to help run everything smoothly. They are required to work with people of different work profiles and skill sets and create synergy and alignment within the organisation.
2. Banking
An international business management degree can open doors to banking roles, including investment banking, wealth management and personal banking. Bankers can work anywhere from investment firms to personal banks that are used by people and businesses. Personal bankers work with clients and help with their investments, mortgages and financial management. Commercial bankers are responsible for helping businesses with their financial needs like getting loans, setting up accounts and managing funds. Investment bankers on the other hand, help large businesses in raising capital while following the regulations. They are responsible for researching the best means to invest and help organisations develop financially. All this is done in exchange for a fee.
A BSc (Hons) International Business and Management degree will prepare you to work in any of these banking professions. Personal bankers make an
average of $50,000, commercial bankers earn about $95,000, while investment bankers make more than $100,000. The salary greatly depends on factors like
where you work and what type of clients you handle. This international business management course teaches students skills in accounting and finance, both of
which are extremely important for a successful career in banking.
3. Managers
Managers are responsible for efficient functioning in a company. They are often responsible for hiring and training new candidates and planning and presenting reports to higher management to demonstrate how the company is performing. They hold team meetings and work towards increasing the productivity and the morale of teams. They also create and maintain budgets for the organisation. A manager may be working on a specific area or team. They are integral in hierarchical functioning and are needed in every industry.
The average salary of a manager is about $60,000 a year and this can vary as per the number of people you manage and the size of the organisation or
work that is done. An international business management degree is the right place to start for a managerial position as it will make you more qualified for
leading a team. The scope of international business management includes topics like human resources, operations and marketing, which are extremely useful for aspiring managers.
Are you planning for a career in international business management? Check out the rewarding programmes offered by the acclaimed Berlin School of
Business and Innovation (BSBI). The innovative international business management programme offered by BSBI is curated specifically to train future
leaders in the world of business.
BSBI offers a dedicated career assistance platform, a combination of face-to-face and online learning methods for the students. Click here to learn more.
Learn more about our undergraduate business programme.
BSc (Hons) International Business and Management