Most programs in global commerce include courses in cultural issues, international trade law and e-commerce at the certificate, bachelor's, and master's level. Other courses cover international trade law, global business management and global marketing. Some certificate courses are available online. Those with global commerce education qualify for a number of possible professions in international trade, business management, advertising and Internet marketing.
To qualify for admission into certificate and bachelor's degree programs, students will need a high school diploma or GED. For a master's degree, students will need bachelor's degrees and some prerequisite coursework.
Certificate in Global Business
Certificate programs exist primarily for business professionals who want to sharpen their skills and knowledge in global commerce and business. Many schools offer programs that combine classroom and online education, include study-abroad options, or allow students to attend weekend seminars. Courses and seminars can usually be completed in 3-6 months. Admissions for certificate programs might not require previous formal education, though some academic coursework or practical experience in business practices is expected.
Certificate programs focus on international business and marketing strategies. Some discussion topics could include:
- Cultural marketing
- Management of global business
- Financing international commerce
- International trade regulations
- Global e-commerce
Bachelor's Degree in Global Commerce
Bachelor's degree programs in global commerce are typically offered as international business, commerce and business administration majors. Some schools offer a global e-commerce degree program or concentration that focuses on international business and emerging information technology. Additionally, students can choose to double major in commerce and globalization. Students in these types of programs are exposed to a global perspective of business, marketing and supply chain management, and may have the opportunity for some study overseas.
International business and global commerce students take courses in business, technology and international relations, in addition to general education coursework. Students frequently have the option to intern at local businesses or affiliated overseas companies. Some course topics include:
- Global business law
- International economics
- Finance in Asian markets
- International business
- Global computer information systems
Master's Degree in Global Commerce
A master's degree program in global commerce provides advanced study into business issues and how they're affected by world affairs. This type of program is geared toward those who are in positions of management to learn about the political, legal, cultural and social aspects of global commerce. Global commerce could also be offered as a special track within an economics master's program or offered jointly with an international law degree. Overseas study or work opportunities and online classes are common options for master's students.
Applicants without a strong background in quantitative methods might need to take relevant coursework prior to starting the program. Most programs also require completion of college-level courses in microeconomics.
Master's programs can concentrate on research or business administration, depending on the core focus of the curricula. Course topics might include:
- International political economy
- Global finance
- The Asian economy
- International trade
- Management economics
- Case studies in international policy and economics
Popular Career Options
Business professionals with specialized education in global commerce might move into such careers as international marketing consultants or analysts. Those with technical expertise could provide e-commerce solutions to expose a company to the global market or manage an international supplier's Internet marketing strategies.
Master's graduates could already be employed in the field of business or marketing, and a graduate degree might provide an avenue for advancement. Experienced professionals could also provide consulting services, and entrepreneurs might choose to start their own business. Some other career options include:
- Production supervisor
- General operations manager
- International production supervisor
- Vice president of production
- International management analyst
Employment Outlook and Salary Information
Graduates with a bachelor's degree and global commerce training could qualify for jobs in market research or international marketing and sales management. The U.S. Bureau of Labor Statistics (BLS) predicts 19% job growth for market research analysts and 9% for marketing management positions in the field from 2014-2024 (www.bls.gov). The increase in demand is expected to be largely fueled by the growing use of data as well as digital media to develop innovative methods for advertising and marketing goods globally. The BLS reports that market research analysts earned a median salary of $62,150, and marketing managers' median wages were $128,750, as of May 2015.
Students with a bachelor's degree in international business or global commerce could advance in their field by pursuing a master's degree with a focus on global commerce. Additionally, those with education or experience in international commerce could qualify for the voluntary Certified Global Business Professional credential offered through the National Association of Small Business International Trade Educators.
Global commerce is a very broad field that can be studied through a variety of certificate, undergraduate, and graduate degree programs. Depending on a student's specific interests and career goals, a degree can help students land a job and be successful.