Though students are unlikely to find a distance learning diploma program in international business, online programs in this field of study are available at the bachelor's degree level. It is also possible to earn an online diploma in another business-related topic, like business management or corporate finance and reporting.
Taking around four years to complete, relevant online bachelor's programs usually lead to either a Bachelor of Science or Bachelor of Business Administration in International Business. Students usually need only have a high school diploma and acceptable placement test scores for admission. In some cases, however, schools could restrict online business programs to those individuals who have a certain amount of work experience.
Success in international business requires an understanding of international business laws, cultural sensitivity, communication skills and knowledge of the technical aspects of distributing products globally. Students complete group assignments to strengthen their collaborative skills and writing assignments to increase their abilities to analyze and communicate business ideas. Distance-learning programs in international business include the study of a diverse set of business, cultural and legal topics, including the subjects listed below.
- Cultural sensitivity
- Distribution management
- Fundamentals of business
- Financial management
- Global marketing
- International business law
- Principles of economics
An international business online curriculum typically includes elective course offerings that allow students to gain knowledge in specialized fields, such as international tourism, operations management or comparative international management strategies. Students may also be required to take foreign language classes as part of the cultural component of a distance-learning program in international business.
These programs allow students to view lectures, complete assignments and take exams using distance-learning platforms provided through schools' websites. Distance learners can participate in class discussions using message boards, chat rooms and possibly virtual conferencing technology. Group collaboration tools allow classmates to work on projects together. International business bachelor's programs typically do not have any on-site requirements.
After completing distance-learning programs, graduates with international business degrees work for import-export companies, in electronic commerce, for international marketing firms and in the travel and tourism industry. As of 2019, the U.S. Bureau of Labor Statistics projected that increasing globalization would contribute to 14% growth in employment for management analysts with knowledge of international business law, foreign markets and employment issues. Some graduates choose entrepreneurial paths or work as independent consultants. Students may opt to return to school to earn their MBA degrees in international business in order to better compete for top positions.
Overall, an online bachelor's degree in international business can introduce students to the essential aspects of global commerce.