International Business

Types of Degrees International Business Majors Are Getting

The following table lists how many international business graduations there were for each degree level during the last year for which data was available.

Education Level	Number of Grads
Master’s Degree	1,479
Graduate Certificate	283
Doctor’s Degree	19

What International Business Majors Need to Know

People with careers related to international business were asked what knowledge areas, skills, and abilities were important for their jobs. They weighted these areas on a scale of 1 to 5 with 5 being the highest.

Knowledge Areas for International Business Majors

This major prepares you for careers in which these knowledge areas are important:

• Administration and Management - Knowledge of business and management principles involved in strategic planning, resource allocation, human resources modeling, leadership technique, production methods, and coordination of people and resources.
• English Language - Knowledge of the structure and content of the English language including the meaning and spelling of words, rules of composition, and grammar.
• Customer and Personal Service - Knowledge of principles and processes for providing customer and personal services. This includes customer needs assessment, meeting quality standards for services, and evaluation of customer satisfaction.
• Mathematics - Knowledge of arithmetic, algebra, geometry, calculus, statistics, and their applications.
• Economics and Accounting - Knowledge of economic and accounting principles and practices, the financial markets, banking and the analysis and reporting of financial data.

Skills for International Business Majors

A major in international business prepares you for careers in which the following skill-sets are crucial:

• Speaking - Talking to others to convey information effectively.
• Critical Thinking - Using logic and reasoning to identify the strengths and weaknesses of alternative solutions, conclusions or approaches to problems.
• Reading Comprehension - Understanding written sentences and paragraphs in work related documents.
• Active Listening - Giving full attention to what other people are saying, taking time to understand the points being made, asking questions as appropriate, and not interrupting at inappropriate times.
• Complex Problem Solving - Identifying complex problems and reviewing related information to develop and evaluate options and implement solutions.

Abilities for International Business Majors

As a international business major, you will find yourself needing the following abilities:

• Oral Expression - The ability to communicate information and ideas in speaking so others will understand.
• Oral Comprehension - The ability to listen to and understand information and ideas presented through spoken words and sentences.
• Written Comprehension - The ability to read and understand information and ideas presented in writing.
• Speech Clarity - The ability to speak clearly so others can understand you.
• Written Expression - The ability to communicate information and ideas in writing so others will understand.

What Can You Do With a International Business Major?

People with a international business degree often go into the following careers:

Job Title	Job Growth Rate	Median Salary
Business Professors	18.0%	$83,960
General and Operations Managers	9.1%	$100,930

Who Is Getting a Master’s Degree in International Business?

Roughly 48% of the graduates are women, and 52% are men.

Racial-Ethnic Diversity

At the countrywide level, the racial-ethnic distribution of international business majors is as follows:

Race/Ethnicity	Number of Grads
Asian	76
Black or African American	100
Hispanic or Latino	165
White	379
International Students	639
Other Races/Ethnicities	120

Geographic Diversity

Americans aren’t the only ones with an interest in International Business. About 43.2% of those with this major are international students.

Amount of Education Required for Careers Related to International Business

Some degrees associated with international business may require an advanced degree, while others may not even require a bachelor’s in the field. In general, the more advanced your degree the more career options will open up to you. However, there is significant time and money that needs to be invested into your education so weigh the pros and cons.

Find out what the typical degree level is for international business careers below.

Education Level	Percentage of Workers
High School Diploma - or the equivalent (for example, GED)	5.8%
Post-Secondary Certificate - awarded for training completed after high school (for example, in agriculture or natural resources, computer services, personal or culinary services, engineering technologies, healthcare, construction trades, mechanic and repair technologies, or precision production)	3.5%
Some College Courses	8.5%
Associate’s Degree (or other 2-year degree)	4.8%
Bachelor’s Degree	24.3%
Post-Baccalaureate Certificate - awarded for completion of an organized program of study; designed for people who have completed a Baccalaureate degree but do not meet the requirements of academic degrees carrying the title of Master.	11.8%
Master’s Degree	15.9%
Post-Master’s Certificate - awarded for completion of an organized program of study; designed for people who have completed a Master’s degree but do not meet the requirements of academic degrees at the doctoral level.	5.0%
First Professional Degree - awarded for completion of a program that: requires at least 2 years of college work before entrance into the program, includes a total of at least 6 academic years of work to complete, and provides all remaining academic requirements to begin practice in a profession.	0.8%
Doctoral Degree	20.1%

Online International Business Programs

The following table lists the number of programs by degree level, along with how many schools offered online courses in the field.

Degree Level	Colleges Offering Programs	Colleges Offering Online Classes
Certificate (Less Than 1 Year)	0	0
Certificate (1-2 years)	18	1
Certificate (2-4 Years)	1	0
Associate’s Degree	52	14
Bachelor’s Degree	47	11
Post-Baccalaureate	0	0
Master’s Degree	115	26
Post-Master’s	9	0
Doctor’s Degree (Research)	7	1
Doctor’s Degree (Professional Practice)	1	0
Doctor’s Degree (Other)	0	0

Majors Related to International Business

You may also be interested in one of the following majors related to international business.

Major	Number of Grads
Business Administration & Management	395,227
Accounting	84,760
Finance & Financial Management	58,013
General Business/Commerce	57,204
Management Sciences & Quantitative Methods	56,747
Marketing	52,820
Human Resource Management	25,350
Business Support & Assistant Services	16,604
Hospitality Management	14,076
Entrepreneurial Studies	12,707
Management Information Systems	11,695
Real Estate	7,783
General Sales & Marketing	5,965
Other Business, Management & Marketing	4,903
Business/Managerial Economics	4,885
Specialized Sales, Merchandising & Marketing	4,322
Construction Management	4,158
Insurance	2,334
Taxation	1,257
Business/Corporate Communications	837
Telecommunications Management	58

References

*The racial-ethnic minorities count is calculated by taking the total number of students and subtracting white students, international students, and students whose race/ethnicity was unknown. This number is then divided by the total number of students at the school to obtain the racial-ethnic minorities percentage.

• College Factual
• College Scorecard
• National Center for Education Statistics
• O*NET Online
• U.S. Bureau of Labor Statistics
• Usual Weekly Earnings of Wage and Salary Workers First Quarter 2020
• Image Credit: By Ninaras under License

More about our data sources and methodologies.