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For years, organizations have been expanding their businesses in international markets. Now, with the world being pulled closer and several startups surfacing in every corner of the globe, the need for students skilled in International Business has never been greater. No wonder more and more undergrads are looking to do an MBA in International Business.
The program, which is a cross-disciplinary area of study, offers education in business principles and multicultural perspectives. This helps students pick up the skills necessary to pursue a career in the global marketplace.
Without further ado, let’s take a look at what an MBA in International Business can do for you and which colleges offer the best courses for it.
What is an MBA in International Business?
An MBA in International Business is a program that will equip you with the knowledge and skills needed to help companies go global.
You will learn how to manage the policies, procedures, and documentation for exports and imports. The course will also provide you with the experience you need to approach customers and partners in foreign countries, handle various currencies, and raise capital from the international market.
Since the degree will teach you how to help organizations scale globally, you can get a job anywhere in the world after your graduation!
So sit tight and take a look at some of the top schools offering an MBA in International Business. Studying in one of these colleges will skyrocket your career through the roof!
Top 6 schools for MBA in International Business
The following schools offer an MBA specialization in International Business and rank amongst some of the best universities in the US.
Moreover, these colleges have smaller class sizes, a great curriculum, a good amount of financial aid, renowned faculty, and projects that students find superbly engaging.
Let’s go through them one by one.
1. New York University
Ranked 30th globally, NYU is known for being the 9th best institute for international business education. The Stern School of Business at NYU offers a Business Program in which you can choose to co-concentrate in Global Business.
The kind of subjects you learn will include Emerging Financial Markets, Global Banking, Monetary Policy, Global Strategy, Advanced Global Perspectives, International Social Impact Strategies, and more.
What’s more, you can pick two other specializations along with International Business from 20 different options and customize your curriculum to the core.
Tuition: $38,592
Duration: 2 years
The Stern School of Business also offers students an experiential learning opportunity at Stern Solutions. Students can also choose to travel the globe and do business in 10 countries worldwide!
As a result, by the end of your course, you will feel prepared to establish a thriving career in any company you want. Be it a multinational company, a financial institution, an international organization, or even the government!
2. University of Southern Carolina
Ranked 1st in America for International Business, the Darla Moore School of Business offers a thorough 22-month International MBA program.
The classes at USC are designed to offer learning opportunities to students outside the classroom.
The curriculum includes subjects like Global Strategic Management, Global Supply Chain, Global Finance, Financial Accounting, Quantitative Methods, Global Marketing, etc. There’s even an Introductory Language Course that the university offers to help students get established in whichever market they want.
Tuition: $26,532
Duration: 22 months
At the end of the course, students can opt for a 2-month in-country immersion in a foreign land. The 12-15 week internship they take up will be at one of the top global organizations. Like Adidas, Dell, United Airlines, UPS, etc.
This will more than prepare you for an incredible career in the international business sector.
3. University of California, Berkeley
Recognized as the 7th Best Business School in America, the Haas School of Business offers a full-time MBA course with a specialization in Global Management.
The college also offers a variety of courses to help students get a global perspective. These include Global Leadership. Managing Human Rights in Business, Innovative Finance for Developing Economies, Running an MNC, and more. You can also choose from a bunch of different electives, like Negotiation and Conflict Resolution, Sustainable Supply Chains, Business & Public Policy, etc.
Tuition: $26, 322
Duration: 2 years
The degree course will allow you to travel and study abroad. You would also have the chance to participate in the Global Social Venture Competition. Both these opportunities would easily add to your resume when you go out looking for a job after graduation.
4. University of Michigan, Ann Arbor
Ranked as the 12th best school in the US, the Ross School of Business offers a 16th-month-long Global MBA program in International Business.
Taught both in-person and online by global leaders in their respective fields, the program helps students gain a strong foothold in the field.
The course curriculum includes subjects that will deepen your understanding of business leadership, innovation, and transformation. The subjects you’ll learn include Finance, Marketing, Strategy, Blockchain, AI, Global Business Environment, Law/Ethics, Entrepreneurship, Growth Strategies, and several other interesting topics.
Tuition: $41,688
Duration: 16 months
You can also participate in the Global Semester Exchange Program and study at one of the 20 partner schools worldwide. These colleges can be from Asia, Australia, Latin America, Europe, etc.
Moreover, the Multidisciplinary Action Projects (MAP) course you take up during your last semester will prepare you to make an impact in any organization you choose to work with.
5. University of Washington
The 27th best graduate school in the United States, the University of Washington offers a full-time MBA program that lets students participate in a Global Business Program.
While going through this certification course, students can either participate in an MBA exchange program. Here, the course curriculum will include subjects such as Global Environment, Sustainability, Global Consulting, etc.
Tuition: $27,255
Duration: 2 years
Alternatively, students can also take up Foreign Language Study, complete a Global Business Tour, do a globally focussed internship, or participate in globally-focused Case Competitions.
6. University of Chicago
The Booth School of Business offers one of the best programs for an MBA in International Business. Their course immerses students in several micro and macroeconomic topics critical to a broad understanding of today’s global economic environment.
The subjects you learn will cover theories that’ll help you manage foreign exchange risk, international capital markets, debt and currency changes, and other characteristics of international financial markets. You will also learn to study different markets, like Brazil, Africa, Venezuela, China, and India.
Tuition: $51,624
Duration: 2 years
While studying at the Booth School of Business, you will also be able to work at research centers, explore full-time or part-time MBA groups, and participate in the world’s most prestigious competitions on campus and around the globe.
What can I do with an MBA in International Business?
- Having a deep understanding of the global business environments will teach you all the skills you need to be successful in a variety of careers.
- You could choose to work in any field you want, especially marketing, management, banking, and finance.
- Some of the roles you can choose from include-
- Management Analyst
- Market Research Analyst
- Financial Analyst
- Securities, Commodities, and Financial Service Sales Agent
- Budget Analyst
- With the right education, skillset, and smart work, you can easily advance your career. From management positions to top executive roles in multinational firms, you can go wherever you want.
Key Takeaways
- An MBA in international business offers a comprehensive view of the global market, enabling graduates to navigate diverse cultural, economic, and political landscapes.
- It allows you to build a diverse network of professionals worldwide, fostering valuable connections.
- The curriculum covers strategies to identify, assess, and mitigate risks associated with international business operations.
Is an MBA in International Business for me?
Are you interested in learning more about global finance, marketing, supply chains, currencies, and international relations? If yes, an MBA in International Business is just the program for you.
And if you want to get into one of these amazing universities, it’s time to start preparing.
Take the GMAT, write your SOP, collect Letters of recommendation, and start applying!
In case you get stuck or aren’t sure how to start, feel free to reach out to us. Or you could also comment here! We’d be very happy to help!
Liked this blog? Read: Jobs for MBA Freshers | 8 Amazing career paths to choose from!
FAQ
1. Is MBA in international business a good option?
Answer- With things constantly changing and evolving in the corporate world, the new format of MBA has come about, that is MBA International Business. This course helps students understand new global trends which makes it a globally acceptable course.
2. What are some job opportunities for MBA international business graduates?
Answer- As an MBA international business graduate, you have many options such as-
- International marketing
- Foreign exchange management
- International finance
- Management analyst
- International logistics
- Administrative service manager, and more
3. What is the benefit of an MBA in international business?
Answer- This opens doors for you in international companies. You gain management skills, boost your chances of employability, learn to solve commercial challenges as well as build your business knowledge.