Best Online International Business Master's Degree Programs

Online international business master's degree programs usually provide students with distance learning, as well as international learning options. Find out what makes these degree programs unique and what jobs graduates can get. Schools offering International Business degrees can also be found in these popular choices.

Best Online Master's Degree Programs in International Business

Master's degree programs in international business help prepare students for careers that work on an international level, whether working abroad and/or with international clients. Many of these degree programs are available in an online format, and some of the best of these programs have prestigious accreditation, offer unique learning opportunities, and/or are available in flexible formats. Compare and contrast some of the top online master's programs in international business here.

1. University of Scranton

LocationGraduate Tuition & Fees (in-state)
Scranton, PA$11,630

The University of Scranton, a Jesuit university, offers an online Master of Business Administration (MBA) program with a specialization in international business. The Kania School of Management is one of few schools that boasts a prestigious accreditation by the Association to Advance Collegiate Schools of Business (AACSB). The MBA program totals 36 credits, includes a capstone course and offers a flex option where students can switch 4 core courses for 4 electives of their choice to even further focus their education. The school also provides foundation modules for students who do not have the background needed for the program at admittance.

2. Saint Joseph's University

LocationGraduate Tuition & Fees (in-state)
Philadelphia, PA$16,992

Saint Joseph's University has an online MBA with a concentration in international business that boasts top-rated faculty and a faculty-to-student ratio of 1:18. The program requires 33 to 53 credits, depending on a student's academic background, and can be taken full- or part-time. Full-time students can complete the program in 1 to 2 years, while part-time students may finish in 2 to 2.5 years. All students must complete a capstone course and students in the international business concentration can choose from several international study tours if they would like to study abroad.

3. University of North Carolina at Greensboro

LocationGraduate Tuition & Fees (in-state)
Greensboro, NC$8,128

The University of North Carolina at Greensboro offers an online Master of Science (MS) in International Business. The program can be taken full-time and completed in 1 year or be taken part-time and completed in 2 years. Faculty for the program have experience working or living internationally and students in the program work in multicultural teams. The program includes international study opportunities, as well as hands-on projects throughout.

4. California Lutheran University

LocationGraduate Tuition & Fees (in-state)
Thousand Oaks, CA$19,215

California Lutheran University provides an online MBA with a professional track in international business. The program totals 45 units (15 courses), can be taken full- or part-time, and can be completed in 1 to 2 years. Students can participate in the school's study abroad program and/or take advantage of career resources and networking opportunities with local companies. The international business track is designed to help equip students with the practical skills needed to help form cross-cultural relationships.

5. Dallas Baptist University

LocationGraduate Tuition & Fees (in-state)
Dallas, TX$18,262

Dallas Baptist University has an online MBA program with a concentration in international business that totals 36 credits. Students in the program must complete a capstone course and a course in problem-solving marketing decisions that include a service learning component. Students also have the option to pursue an advanced certificate with their diploma from several different areas, including international management. 82% of the faculty at Dallas Baptist University have a terminal degree.

Rank School Name Location Graduate Tuition & Fees (in-state)
6National UniversityLa Jolla, CA$15,480
7Central Michigan UniversityMount Pleasant, MI$13,804
8SUNY Empire State CollegeSaratoga Springs, NY$11,625
9University of DelawareNewark, DE$33,678
10Concordia University-WisconsinMequon, WI$10,848
11Oklahoma Christian UniversityEdmond, OK$11,124
12Arizona State University-SkysongScottsdale, AZ$6,462
13University of Maryland Global CampusUniversity College, MD$8,514
14Florida International UniversityMiami, FL$11,097
15Webster UniversitySaint Louis, MO$13,500
16Colorado State University-Global CampusGreenwood Village, CO$9,000
17Brenau UniversityGainesville, GA$12,910
18Tiffin UniversityTiffin, OH$13,000
19Florida Institute of Technology-OnlineMelbourne, FL$16,128
20Golden Gate University-San FranciscoSan Francisco, CA$18,985

All statistics provided by the National Center for Education Statistics, tuition based on 2018-2019 school year

Learn.org's school ranking methodology categorizes and assesses data from schools and other reliable sources, such as the U.S. Department of Education, and weighs the information based on quality, cost, value and other factors critical to students' academic decisions.

Overview of Online Master's Degrees in International Business

Online master's degree programs in international business are fairly common. Students can typically choose from an MBA with a concentration in International Business, an MS in International Business, or a Master of International Business (MIB). These degree programs may range from around 30 to 36 credits and can usually be completed fully online, but some programs may also offer a hybrid option.

Students may be able to choose from a full- or part-time format, and some programs may offer self-paced coursework, while others might provide 8-week long courses where students meet online 1 evening per week. Get more details about online master's programs in international business below.

Length of Program

Many online master's degree programs in international business can be completed in as little as 1 year when taken full-time though some students may take up to 2 years. Students who choose to take the program in a part-time format may take around 2 to 2.5 years to complete the program. Some programs may require students to have prior coursework in various areas of business and may provide foundation courses designed to help the student catch up, which can add to the length.

Cost of Program

Tuition rates vary by institution for online master's programs in international business, but some of these programs may range from about $800 per credit to $1,075 per credit. Students may want to research any differences between in-state and out-of-state tuition rates, additional fees, and/or available discount options when calculating the cost of their program. For example, many programs offer military benefits and/or accept GI education benefits for military service members.

Students may be able to decrease the total cost by exploring financial aid and scholarship options. Most schools will accept various types of loans, grants, and scholarships. Scholarships may be available from outside organizations and/or schools. An example of a school-sponsored scholarship is California Lutheran's Graduate Academic Scholarship for any qualified graduate student or the Russell & Linda Young Scholarship for MBA students.

Accreditation

Many schools around the country are accredited by regional accreditation bodies to ensure that they have met rigorous academic standards and provide students with quality degree programs. Some international business programs may take this accreditation a step further and add further accreditation by a business-related organization, such as the AACSB. Specialized accreditation in the field typically indicates a high-quality program that helps prepare students for careers in the field.

Common Courses

Typically, students in online master's programs in international business, especially MBA programs, take core business courses along with specialized courses in global business.

Many of these programs provide students with the opportunity to study overseas during the program to gain hands-on international experience. These might include course tours, immersion trips, and/or study abroad programs. Some programs may also include other hands-on learning opportunities in the curriculum through local projects and/or service-learning opportunities.

These programs commonly conclude with some type of capstone experience. This may be a capstone course, a master's consultancy project, or a master's project in international business that aims to have students apply all of their knowledge gained throughout the program to a real-world project in the field. Course titles for online master's programs in international business vary by school, but some common course topics for these programs include:

  • International Finance- Courses in international finance explore international monetary systems, capital markets, and foreign exchange markets. Students may also discuss international financial management and other specific topics like regulations, foreign currencies, options and swaps, and risk management.
  • International Marketing- Some courses in international marketing may be designed as an international tour/trip that allows students to explore global marketing in different countries. Typically, these courses cover topics in marketing strategy, cultural differences, and the participants and trends of global marketing.
  • Global Strategy/Management- Students in these courses explore various methodologies and techniques used to manage and lead an organization at an international level. Topics for these courses may include cultural diversity, legal considerations, staffing, competition, and communication.
  • International Business Law- International business law courses examine the international legal environment and its effect on international trade. Students usually explore topics in trade agreements, international jurisdiction, international sales and credits, and regulations.
  • International Business- Introductory courses in international business may explore the theoretical frameworks of international business, while courses in special topics may explore issues and concepts unique to leadership in international business.

Career Options for Graduates of International Business

An MBA or other master's degree in international business helps prepare students for a wide range of advanced leadership and/or managerial positions in business. Graduates may have the same or similar job titles as their domestic counterparts but might work internationally and/or with a multinational organization. Some examples of potential job titles for graduates with their master's in international business include:

  • International marketing director
  • International finance manager
  • International foreign policy advisor
  • Foreign sales representative
  • Business analyst
  • International trade and customs manager
  • Foreign currency investment advisor
  • Foreign service officer
  • Multinational manager

Marketing Managers

The U.S. Bureau of Labor Statistics (BLS) reported a median salary of $134,290 for marketing managers in 2018. The job outlook for these managers from 2018 to 2028 was 8%, which is faster than average. This faster-than-average growth may be due to the increase and global scale of marketing campaigns. Most marketing managers need to have at least a bachelor's degree and some experience working in marketing, sales, or advertising.

Marketing managers are responsible for finding new target markets for their organization's product service, and must calculate the demand for these products/services. These managers may also help determine pricing strategy, develop marketing plans, and monitor competitors. They also typically oversee the work of their staff and may call for market research studies to be conducted.

Financial Managers

In 2018, the BLS reported a median salary of $127,990 for financial managers and a job outlook of 16% from 2018 to 2028. This job outlook is much faster than average and may be due to growing economies and globalization. Employers may prefer to hire those with a master's degree, but a bachelor's degree is the minimum education requirement. Financial managers also usually need about 5 years of experience or more in finance or business.

Financial managers include job titles like cash managers, insurance managers, risk managers, and finance officers, and are responsible for helping an organization reach its financial goals. These managers supervise staff members, analyze financial statements, ensure legal compliance with finances, and search for ways to reduce costs and/or increase profits. They also typically oversee any investment activities and may help management make final financial decisions.

Financial Analysts

Financial analysts had a median salary of $85,660 as of 2018, per the BLS. The BLS also reported a job outlook for these analysts of 6% from 2018 to 2028. This outlook is as fast as average and may be due in part to the need for new businesses to understand investment options and/or the development of new markets. Financial analysts need at least a bachelor's degree, but a master's degree can help advance analysts to managerial positions.

Financial analysts examine various investment options and then help their business or other individuals make investment decisions. This requires them to be familiar with current trends, study financial data, and present their findings in reports. Financial analysts also include job titles like risk analysts, fund managers, or portfolio managers.

Professional Organizations in International Business

International business organizations aim to equip professionals in the field with valuable resources, education, and professional experiences. Below are a few examples of the professional organizations available in the field of international business:

  • International Academy of Business and Economics- The IABE is an organization made up of students, scholars, executives and policymakers in international business. IABE's membership provides access to online journals, online paper submission, and online conference registration. The organization holds an annual conference in multiple locations, such as New York and Germany.
  • Academy of International Business- The AIB has been around since 1959, providing access to publications and career information. The organization also offers an annual conference, chapter meetings, and special interest conferences. Professionals can submit papers through the AIB's website, and the organization has AIB awards for professionals.
  • International Academy of Business Disciplines- The IABD is a non-profit organization that offers membership, networking opportunities, mentoring, conferences, and journal access.

To continue researching, browse degree options below for course curriculum, prerequisites and financial aid information. Or, learn more about the subject by reading the related articles below:

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