International business degree programs can be classified in a number of ways. One is format; such programs can be online, in class, or hybrid. Another is degree level. There are programs resulting in associate degrees, bachelor degrees, master’s degrees, and doctorates as well as international business certificate programs open to those who already hold business degrees. A final differentiator is concentration as programs may offer tracks in trade, management, manufacturing, or other facets of international business.
Offering type can be very important when choosing an international business degree program, particularly at the advanced level. Programs offered exclusively online may offer greater flexibility for those who have jobs or other commitments. In-class programs often offer internship and networking opportunities. Hybrid programs may offer the best of both worlds but may be harder to find.
Possibly the most distinct difference among international business degree programs is the resulting degree. While most two-year or associate-level degrees would simply be in business or business management, some institutions do offer an international business focus. At this level, focus is on general business and usually includes only a basic introduction to global business practices.
Four-year or bachelor-level programs more commonly offer course work in international business, and job prospects are likely to be greater for these graduates. While the actual degree is likely to be in business, business management, or business administration with a concentration in international business, the program probably includes more course work specific to international concerns. These international business degree programs might cover the basics of international business law, theories of global trade, and other, more advanced topics.
At the master’s and doctorate levels, degree designations are more likely to change to reflect the concentration. For example, a person might still earn an MBA with a concentration in international business, but he or she might alternatively hold an MA in international business. Course work in these international business degree programs likely centers almost exclusively on material related to global business. Advanced degree programs can prepare recipients for work in the international business community or for careers in higher education.
Within individual international business degree programs, a student might also have a choice of tracks. This is particularly true at the advanced degree levels. A concentration in international marketing, for example, might include course work on how to market the same product to different countries and cultures. A concentration in trade might focus on learning how to negotiate with foreign entities and on the law governing these types of exchanges.