In today’s interconnected society it is essential to understand the world in an international context. Increasingly companies are looking for graduates who can solve cross-cultural problems and think on a global scale. With a degree in international business, you can follow a career in international management, finance, trade or a multinational company.
What is International Business Administration?
International Business Administration focuses on key business disciplines within an international context. Introducing the foundations of finance, marketing, supply chains, human resources and operations, International Business Administration covers the needs of all businesses.
“If you study a business programme, it’s always from the company’s perspective. You’re interested in surviving, gaining market access, beating your competitors and making a profit in the long-run”, explains Adri Meijdam MA, Executive Director for IBA at Erasmus University Rotterdam.
This degree develops a broad range of transferable skills, from research and planning to presenting and reporting, and prepares you for international management or consulting roles.
Why study International Business Administration?
There are many benefits of studying International Business Administration:
1. Gain an international perspective
You will study global challenges companies face, looking at international boundaries, trade, global economics and how to negotiate with diverse cultures. This approach to problem solving will broaden your world view and help you understand different perspectives. IBA is a popular degree among international students so even during your studies you will gain valuable experience of working with people from all over the world.
2. Develop key management skills
Studying an international business administration degree involves working on individual and group projects, writing reports and presenting your ideas. You will develop essential management skills, such as:
- strategic thinking
- problem solving
- decision making
3. Boost your employability
International Business Administration is a broad degree and introduces you to a range of skills that employers are looking for. As you progress through your degree programme you will begin to shape your course and specialise in the business functions you are most interested in. IBA graduates can look forward to a wide range of job opportunities in management, marketing, accounting, corporate finance, consultancy or even human resources.
4. Solve commercial challenges
Study business administration and you will analyse global and local business challenges and find strategic solutions. Through researching international markets and negotiating with other cultures and countries, you will develop the skills needed to follow a career in consultancy or management for a multinational company.
5. Build your business knowledge
How to manage diverse teams, improve financial performance, research international competitors and redesign business processes are just some examples of what you’ll learn during an IBA. This core knowledge is essential to the running of any business, and you will further develop your skills through elective modules in key areas.