The challenges organizations face when operating internationally are complex, to say the least. To start, you need to understand how a culture values the goods and services you offer, if at all, and what priority they place on your commodities. You can then learn to understand smaller aspects of business that will liken them to you, such as their payment preferences (and your ability to provide them) competitive pricing strategy, and how to market to them. All of these decisions are made with an understanding of the exportation laws, taxes, shipping costs, language barriers, and differing communication styles of the culture in which you’re working.
Your MBA with a concentration in international business from the University of Delaware’s Alfred Lerner College of Business and Economics uniquely positions you to lead your organization through international expansion and to operate efficiently in a global marketplace.
MBA International Business Career Titles
Companies look for MBA graduates with an international business emphasis to fill their top-title positions because they know you can maximize their opportunity for growth with your analytical understanding of economic diversity and your excellent command of communication. Below are several MBA jobs that often demand an international business degree emphasis.
|Training and Development Manager|
|Average Salary: $102,640||Projected Career Growth: 7%1|
Your understanding of diversity in business gives you a communication edge to succeed as a training and development manager in international business. Many organizations recognize that continuing education is a way to retain top talent. In this role, you’ll create a training budget and program to align with a company’s goals and oversee all the details of a training program. You’ll assess an employee’s needs for training, oversee the creation of educational materials like online learning modules and vendor resources, teach training methods to a team, and evaluate the effectiveness of training programs and instructors within the culture of the organization.
|Administrative Service Manager|
|Average Salary: $86,1103||Projected Career Growth: 8%2|
Administrative services managers plan and direct the support services of an organization — ensuring their facilities meet environmental, health, and security standards, and comply with government regulations. In this role, you’ll use your analytical skills to examine energy consumption patterns and technology usage to plan budgets for contracts, equipment, and supplies while overseeing the maintenance of machinery, equipment, and electrical and mechanical systems. Based on your findings, you may find ways to improve record-keeping, save money, and suggest policy changes to improve operations. You might be responsible for space allocation, and the supervision of clerical and administrative personnel. The safety, security and maintenance of your organization lies in your hands in this role.
|Promotions and Marketing Managers|
|Average Salary: $124,850||Projected Career Growth: 9%3|
Marketing and promotions managers in international business are able to adapt a company’s marketing strategies to the needs of the region they operate in while maintaining their organization’s brand awareness. In this role, you’ll initiate and analyze market research to understand your company’s opportunities for development and growth, then work with senior executives to develop budgets, contracts, and marketing plans, and oversee a staff to implement final strategies.
|Public Relations and Fundraising Managers|
|Average Salary: $104,140||Projected Career Growth: 7%4|
It’s critical that public relation and fundraising managers who work for an international organization have a firm understanding of international business to flex their messaging according to the customs of their audience. In these positions, your advanced business knowledge, combined with your excellence in communication, allows you to oversee a team to direct the creation of materials that will enhance the public image of your organization and bring in donations. You’ll observe social, economic, and political trends and recommend strategies to maximize them for organizational growth. You’ll often work with a team of specialists, including lawyers, to ensure your efforts are legally accurate and clear to the public.
|Average Salary: $113,860||Projected Career Growth: 5%5|
Retail and manufacturing make up 40% of the industry within which sales managers work.5 Given today’s global economy — international retail sales alone are projected to reach $28.3 trillion by 2018 — your understanding of international business will help propel profit within your sales team. In this role, you’ll analyze sales data to identify opportunities for special pricing, prepare budgets, set goals, create acquisition plans, and develop training programs for an organization’s sales and service representatives to make more money.
What would you like to do next?
1 Bureau of Labor Statistics, U.S. Department of Labor, Occupational Outlook Handbook, 2016-17 Edition, Training and Development Managers, on the Internet at http://www.bls.gov/ooh/management/training-and-development-managers.htm (visited November 15, 2016).
2 Bureau of Labor Statistics, U.S. Department of Labor, Occupational Outlook Handbook, 2016-17 Edition, Administrative Services Managers, on the Internet at http://www.bls.gov/ooh/management/administrative-services-managers.htm (visited November 16, 2016).
3 Marketing managers Bureau of Labor Statistics, U.S. Department of Labor, Occupational Outlook Handbook, 2016-17 Edition, Advertising, Promotions, and Marketing Managers,
on the Internet at http://www.bls.gov/ooh/management/advertising-promotions-and-marketing-managers.htm (visited November 15, 2016).
4 Public relations manager Public relations Bureau of Labor Statistics, U.S. Department of Labor, Occupational Outlook Handbook, 2016-17 Edition, Public Relations and Fundraising Managers, on the Internet at http://www.bls.gov/ooh/management/public-relations-managers.htm (visited November 16, 2016).
5 Bureau of Labor Statistics, U.S. Department of Labor, Occupational Outlook Handbook, 2016-17 Edition, Sales Managers, on the Internet at http://www.bls.gov/ooh/management/sales-managers.htm (visited November 16, 2016).