International Business

International Business is an extension of a business program. You’ll learn about standard business practices, ethics, and economics, and you’ll generally focus on a subset of the field such as accounting, finance, or marketing. A major in International Business will lead you to use your business skills in a global context. You might learn about business transactions between and within countries; the laws and logistics of international trade; or investments made in foreign markets.

It goes without saying that knowledge of other cultures is crucial to being a successful International Businessperson. Besides your studies in business, finance, banking, and the like, you will also learn about new cultures and societies, strange laws and perspectives. You might be required to become proficient in a foreign language—even if a language isn’t required for your degree, it will certainly make you a more appealing prospective employee. If you’re successful mastering all this, you’ve got a good shot at being admitted to the jetsetter crowd.

Many universities offer internships at overseas companies, so you’ll be able to actually see what it’s like to work in a foreign business environment. Keep in mind, too, that an appreciation for travel and a compassionate world view are assets in this field.

Business Administration/Management

Be the boss’s boss. Or, at least, be a boss. And while you may not be the boss’s boss on day one, organizational gurus with stellar people skills and a head for business will flourish in business administration/management. 

Creating and perpetuating a successful business has always been a challenge. And in the only-the-strong-survive world of modern business—rampant with new, ever-advancing technology—managers need unshakable knowledge, top-notch training, and a serious set of skills. 

Management, according to Penn State University, involves “the coordination of human, material, and financial resources to accomplish organizational goals.” A major in business administration/management will provide that goal—focused training. You’ll get a thorough grounding in the theories and principles of accounting, finance, marketing, economics, statistics, human resources functions, and decision-making. You’ll come away a whiz on how to budget, organize, plan, hire, direct, control, and otherwise manage various organizations. 

As a major in business administration/management, expect to work in small groups—no room for wallflowers here. Count on problem-solving, theorizing, and math-heavy number-crunching, too. You’ll have your choice of areas in which to concentrate; many colleges and universities require you to focus on one, while others allow you to sample several. Options might include operations management, human resources management, and general management. 

This major will also get you thinking about issues such as diversity, ethics, politics, and other dynamics that play a role in every work environment. As a manager-to-be, you’ll also be required to develop a balance between sensitivity and fairness. You’ll need to be innovative, creative, and a good problem-solver. These qualities (and your winning personality) will put you on a path to successful management in any number of fields.

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