Pursuing a Master's in International Business Online
Affordable online master's in international business programs help working early- and mid-career professionals take flight in global leadership careers without making their loan debt soar. International business master's degrees are one- to three-year graduate school journeys that nurture the managerial skills needed for piloting successful corporate decisions in today's turbulent, multinational market. Master's IB majors fill their passports with study abroad opportunities to become better aware of foreign cultures, economies, policies, and languages. According to CBS News, general MBAs are a dime a dozen with the number of annual graduates rising by 74 percent since 2001 to over 126,000, so global experience can provide a much-needed competitive edge. Getting buckled into an international business master's online may drive up your hirability, job stability, and currency for high ROI.
Explore Programs From Boston University
15 Most Affordable Online Master's in International Business 2021
Other Master's in International Business Online Degree Offerings
Saint Mary's University of Minnesota
International Development M.A. Online
Average Graduate Tuition: $16,104 per year
Online MBA in International Business
Average Graduate Tuition: $16,128 per year
MBA in Global Leadership Online
Average Graduate Tuition: $16,560 per year
International Business MBA Concentration Online
Average Graduate Tuition: $17,168 per year
Online MBA with an International Business Specialization
Average Graduate Tuition: $17,190 per year
Golden Gate University-San Francisco
Online MBA International Business Concentration
Average Graduate Tuition: $17,550 per year
Online M.B.A. with a Concentration in International Business
Average Graduate Tuition: $18,373 per year
Schiller International University
MBA in International Business Online
Average Graduate Tuition: $18,600 per year
Online MBA in International Management
Average Graduate Tuition: $22,633 per year
Online MBA with Global Business Concentration
Average Graduate Tuition: $30,200 per year
Suffolk MBA International Business Concentration Online
Average Graduate Tuition: $32,333 per year
Thunderbird School of Global Management
Online Master of Global Management
Average Graduate Tuition: $37,100 per year
M.S. in Global Marketing Management Online
Average Graduate Tuition: $49,176 per year
Explore these promoted online degree programs.
These top, accredited schools offer a variety of online graduate degree programs. Figuring out where to apply? Consider one of these online Master's or PhD programs.
How Does Online International Business Master's Study Differ From On-Campus?
International business master's online degrees present the same, accredited high-quality training within a less structured 24/7 schedule. According to MIT News, researchers analyzed nearly 1,000 classes and found that online education is as effective as on-campus programs. Although there's less involvement in student clubs like Enactus, online B-schools keep students interacting in discussion boards and team projects via web conferencing. Online programs can better accommodate unpredictable shift changes and business travel. Foreign students may graduate from an American online college without applying for an F-1 visa. Limitless location access means online international business master's have more diverse post-grads sharing their perspectives. Financial aid also remains available for reducing the cheaper price of online study further.
Which Careers Open With International Business Master's Online Degrees?
Pairing an online master's in international business with hands-on global market experience would unlock virtually all upper-level administrative careers in the corporate sector. Graduates can tout their career specialization by pursuing several industry certifications. For instance, the HR Certification Institute offers the Global Professional in Human Resources (GPHR) title to international professionals who've passed a three-hour, 140-question exam. The Chartered Global Management Accountant (CGMA) credential from the American Institute of CPAs requires 150+ credits for multinational finance expertise. International trade employees could become a Certified Global Business Professional (CGBP) after scoring at least 500 on the NASBITE International exam. Here are four example job descriptions that online international business master's graduates qualify for:
Import/Export Coordinator- Logistics courses in international business online master's programs are suitable for import/export coordinators to improve commerce's supply chain around the globe. The Census Bureau shows that foreign trade accounted for $3.62 trillion in 2017, so coordinators need to confirm client sales, establish invoice pricing, schedule shipments, file for customs entry, track cargo progress, and address transit problems.
International Economist- Requiring a master's degree, international economics jobs are available at agencies like the World Bank and U.S. Department of Treasury for studying the global market's production and distribution. Assigned tasks include researching fiscal trends, analyzing statistical data, forecasting economic downturns, presenting conclusions to business or government executives, and publishing in journals, such as Economic Modeling.
Management Analyst- Ranked the #10 best business job by The U.S. News & World Report, management analysts are self-employed consultants hired by multinational companies to enhance operational efficiency across borders. Under executive direction, their responsibilities include studying organization systems, conducting cost-benefit analyses, presenting recommendations to streamline, and implementing approved changes.
Chief Diversity Officer- Twenty percent of global Fortune 500 corporations, such as Microsoft and Airbnb, welcome Chief Diversity Officers into the C-Suite to establish inclusive policies for racial, gender, age, and LGBT equality. International business backgrounds could help CDOs promote a culturally-sensitive workplace, produce diverse candidate pools, intervene against discrimination, and educate executives on ethnic differences.
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How Much Do Online Master's in International Business Graduates Make?
Cheap online international business master's offerings are good investments because earnings potential rises much higher than the median master's salary of $69,732 on SmartAsset. Across fields, management occupations profiled by the Bureau of Labor Statistics grant an average annual wage of $100,790. Industrial production managers and facility managers earn slightly less at $97,140 and $90,050 respectively on average. International finance managers bring home mean pay of $121,750. Sales managers are compensated a median income of $117,960. Banking managers see average revenue of $132,873 themselves. International brand managers can expect median yearly payment of $112,024. Salary.com reports that top international executives, including CIOs, score average profits of $339,764 annually.
What is the Job Outlook After Master's in International Business Online Programs?
In October 2017, the International Monetary Fund reported above-average GDP growth of 4.9 percent for emerging markets and 3.7 percent worldwide. According to Poets & Quants, eight in 10 surveyed corporations expect to hire MBA and specialized master's graduates this year. One of the fastest-growing business jobs is operations research analyst where 27 percent growth is forecasted by 2026. The Bureau of Labor Statistics predicts management demand to increase by 9 percent for 878,300 U.S. jobs. High growth of 19 percent in finance, 11 percent in construction, and 10 percent in public relations is expected. Finishing an inexpensive online master's in international business can fly you toward administrative openings from China to Germany and Brazil.
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Sources:
CBS NewsCollege NavigatorU.S. Department of Education
