Should I Become an International Trade Specialist?
International trade specialists may work in a variety of industries, including financial organizations, manufacturing companies, or government. Specialists are usually responsible for analyzing foreign trade information, evaluating market and economic factors that may impact trade and participating in developmental programs.
International trade specialists, similar to world economists, work full-time, although irregular hours may be required because of time changes around the globe. They usually work by themselves in an office setting. Depending on the project, some collaboration with other specialists in related fields may be necessary. According to Payscale.com, in 2016, international trade specialists made a median annual salary of $62,641.
|Degree Level||Bachelor's degree|
|Degree Field||Related field such as international business, global public policy, political science, international trade, business administration, economics, or marketing|
|Experience||3-5 years of international trade experience|
|Key Skills||Strong problem-solving, written and verbal communications, prioritizing, multi-tasking, organizational, and customer-service skills; attention to detail; familiarity with foreign trade programs, regulations, tariff structures, import/export laws, and international trade issues; familiarity with foreign market research|
|Salary||$62,641 (2016 median for international trade specialists)|
Sources: Job listings from employers, U.S. Office of Personnel Management, International Trade Certification Authority, Inc., Society for Human Resource Management, Payscale.com
A bachelor's degree in a field related to international trade, such as international business, global public policy, political science, international trade, business administration, economics or marketing is preferred to work as an international trade specialist. You'll also need 3-5 years of international trade experience and strong problem-solving skills, excellent written and verbal communications, ability to prioritize and multitask, attention to detail, organizational skills, customer-service skills, along with familiarity with foreign trade programs and regulations, knowledge of international trade issues and tariff structures, and familiarity with foreign market research and import/export laws. Voluntary certification is available.
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Steps to Become an International Trade Specialist
Let's take a look at the steps to become an international trade specialist.
Step 1: Complete a Bachelor's Degree Program
A variety of business-oriented degree programs can prepare aspiring trade specialists, including business administration, international relations, international finance or global business management, among others. The ideal degree program gives aspiring international trade specialists the skills and knowledge needed for the rigors of this career.
While any business-related degree can give students a strong foundation, a program focused on global or international business may offer the best preparation since they often combine standard business courses such as ethics, accounting and management as well as a foreign language, business courses focused on international business issues and practices.
Step 2: Gain Entry-Level Business Experience
After graduating from a bachelor's degree program, aspiring international trade specialists are eligible to gain entry-level employment, preferably in a field that is related to international business. According to the Society for Human Resource Management, international trade specialists typically need to have 3-5 years of international trade experience before being eligible for the job. Entry-level workers typically work under the supervision of a senior staff member. The individual's responsibilities typically increase with experience.
Earn a master's degree. Graduate programs are available in a variety of fields, such as global economy, international development and international commerce. Most master's degree programs combine classroom knowledge with real-world experience to help students develop international business acumen and knowledge of relevant practices and cultural issues.
Step 3: Become Certified
Certification is not mandatory to work as an international trade specialist, although it might increase the specialist's job opportunities since it builds professional credentials, differentiates the individual from the competition and demonstrates professional expertise. One example of an available certification is the Certified International Trade Professional (CITP) credential, which measures the specialist's knowledge of international marketing, finance, documentation and logistics. Although the requirements for becoming certified vary, most organizations require candidates to apply, pay a fee and pass a certification examination.
Maintain the certification. Most organizations that issue certification require individuals to renew the certification periodically. Renewal guidelines typically include completing an application, paying a fee and completing a specified amount of continuing education units (CEUs).
To become an international trade specialist, you need to obtain a bachelor's degree and gain experience in the field.