A master's degree program in global business is designed to provide students with an understanding of international business practices as well as global economic trends. Such programs can be aimed at students with several years of professional business experience or students who have no real-world experience at all. Seminars and courses cover the theories and models of international business as well as the strategies behind building and maintaining global business accounts. Graduates may be eligible to apply for certification from a professional organization.
These programs generally take 2 years to complete and will likely require an international internship. Some programs may be available online. To qualify for admission, students should possess a bachelor's degree, some prior business coursework, and strong GRE or GMAT scores.
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Master's in Global Business Management
Many degree programs in international or global business build upon a previously gained understanding of business, management and sales concepts. Students learn how to apply those concepts to a larger, more global environment. Some examples of courses might include:
- Global economic concepts
- Quantitative business analysis
- Financial management
- Macroeconomic analysis
- Global business environment
- Business communication
- Global marketing
Popular Career Options
A graduate degree in global business offers networking opportunities and preparation for leadership roles and increased earning potential. Global account managers can be employed by the following types of organizations:
- Public relations firms
- Banks and financial institutions
- Manufacturing companies
- Supply chain departments
Employment Outlook and Salary Information
According to the U.S. Bureau of Labor Statistics, accountants/auditors and sales managers earned median salaries of $67,190 and $113,860 as of May 2015 and are expected to see 11% and 5% job growth between 2014-2024, respectively. Sales representatives made $51,700 at the same period.
Certification for global business professionals is entirely optional. Some international associations offer credentials and resources for members. NASBITE International, for instance, offers a Certified Global Business Professional credential (www.NASBITE.org).
Global account management is a field that is accessible for students once they have obtained a degree in an area like global business. They can also then pursue optional professional certification.