A Masters in International Business is one of the most popular Masters programmes. These programmes were started in 2000 as an alternative to the MBA, and been on the rise since then. The motive behind starting this type of Masters is to teach various interdisciplinary principles of business management with an international focus, and for those candidates who do not have professional experience. The global aspect of this programme places it on a par with MBA programmes.
This programme provides a knowledge of business theory, develops the student’s analytical and business skills, and provides in-depth exposure to the best practices of international business. It prepares participants for a successful international and cross-functional career within multinational companies. The degree is apt for professionals working in companies which operate in the global marketplace or for those individuals wishing to augment their international career.
Topics covered as part of an international trade curriculum will frequently include financial or trade flow, the complexity of the shifting global economy, export sales, trade controls, problems and issues related to foreign trade, international business policies, etc. An understanding of the laws and politics of trade and business needs to be integrated with an understanding of market forces and corporate competition in order to gain an understanding of what will truly work in a globalized economy.
A wide range of career opportunities are open to graduates: Corporate Strategy and People Management in areas such as graduate management trainee programmes, financial services and business analysis, management consultancy, retail management, human resource management, policy development and research. After graduating with this Masters degree, candidates can expect to work anywhere from banking to BPO, from world trading organisations to Chambers of Commerce and from research organisations to NGOs. Options are limitless whether you are aspiring to be a specialist executive in a multinational giant, or to promote a young global project, or even if you are an entrepreneur looking to take your company beyond geographical boundaries.
Management today has to constantly adapt to new and evolving challenges, to develop strong financial decisions and to chalk out sound strategies which help in developing and managing the whole company. A Masters in strategic management is meant for those who are looking to be a part of this vital workforce within the structure of a company. These programmes focus on various concepts of business strategy, and help in developing required strategies in complex business environments. The basic understanding of statistics is appreciated, as some or most strategies make use of information that requires analytical scrutinising.
The course takes a practical approach to learning with emphasis on key issues, involves the latest understanding of the basics of the management field and educates the candidates on various practices and approaches that impact management. Hands-on course work utilizes various dynamics such as exercises, cases studies and simulations to help you use the applied knowledge base in realistic situations. Different fields within strategy include international strategy which is applicable for firms looking for foreign expansion; strategic financial management is for those who have some financial background and are looking to work as management consultants; corporate strategy relates to company growth and development to name a few. Change management is one of the upcoming fields within strategy and has received tremendous response in terms of applications. A Masters in Change Management imparts knowledge and involves course work on specific management topics and related concepts that help in the implementation of successful change processes.
As strategy is a strong base for any organisation, careers are wide in this sector. Strategy consultants form the very core of any department or company. On completion of these courses, graduates will have developed the critical thinking necessary to plan and manage international resource strategies, or to undertake international management consultancy.
As strategy is needed in every department, a graduate in this field of can work in just about any department depending on previous experience in that department, for example: HR Strategy, Financial Strategy, Management Strategy, etc.
Masters in International Business and Strategy are very much in demand by young professionals because they open the way for cross-functional careers within international companies.
Some examples of Masters in International Business and strategy
- MSc in International Business
- MSc International Business and Management
- MSc in International Business Management
- MSc in International Business Negotiation
- MSc in Global Business Analysis
- MSc in Chinese Business and Management
- MSc in Telecom and Digital Business
- MSc in s Degree Programme in Business and Technology
- MSc in Business Information Technology
- MSc in e-Business Technology
- MSc in e-Government
- MSc in European and International Studies
- MSc in Strategic Leadership
- MSc in Strategy and Operation Management
- MA in International Affairs and Governance
- MA in International Business
- MA in International Business and Marketing Management
For an overview of some of the most popular Masters programmes, click here