International Commerce

International commerce is an emerging field that involves the execution and management of global business efforts. Below is some information about education and career options that may help you decide if studies in international commerce are right for you.

Is International Commerce For Me?

Career Overview

Companies no longer sell solely to local customers, but rely upon the use of technology and websites to reach consumers around the world. Professionals who work in international commerce have expert knowledge of international currencies and laws, economics, finance and world trade. Most are employed by companies with a large foreign presence, although some may work as economic or trade consultants for a variety of organizations. If you're interested in launching a career in international commerce, you should be good with numbers, possess strong communication skills and have an interest in traveling and connecting with other cultures.

Career Options

Studies in international commerce can lead to a wide range of career fields, including business management and language translation. You might also find a job in marketing and technical consulting.

Employment Outlook

According the U.S. Bureau of Labor Statistics (BLS), a 19%, or much-faster-than-average, growth in employment was projected for management analysts nationwide from 2012-2022. An increase in international business was expected to have a positive effect on job growth in this highly competitive field; applicants who are fluent in another language and hold a graduate certificate or degree may enjoy the best opportunities. Expertise in sales and public relations may also be beneficial.

The BLS also projected a 46%, or much faster-than-average, growth in jobs for interpreters and translators. While opportunities will vary by language specialty, candidates with a bachelor's or master's degree and an industry certification may stand out during the hiring process.

How Can I Work in International Commerce?

Educational Options

Educational programs in international commerce are available at both the undergraduate and graduate levels. Many schools also offer majors in business management and finance that emphasize international commerce. As a student of international commerce, you'll study accounting, global markets, international relations and macroeconomics. You may also receive instruction in a foreign language, learn about organizational behavior and become familiar with regional geography.

While a bachelor's degree may be sufficient for many professions in international commerce, a Master of Business Administration (MBA) in International Commerce might be useful if you're interested in pursuing a higher-level career. Graduate coursework may include the study of marketing or strategic management, business analysis, corporate finance and financial reporting, as well as a variety of professional development seminars.

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