International Business

It is no surprise that businesses are crossing over into other countries by selling their product internationally. The challenge of conducting business internationally is the differences in policy and social interaction. The need for education in business is essential and students can enter degrees with an international focus from business schools across the country.

With companies expanding their reach into foreign markets the study of business in regards to international work is required.

Students can enter multiple degree programs that focus on the differences of business culturally, geographically, and economically.
Studies can be entered at all degree levels, which present students with a variety of careers that they can transition into once they graduate.

There are numerous things for students to know prior to enrollment in a learning program.

1. Beginning education with an associate’s degree provides students with specialized international business courses, general business courses, and some general education courses. The ultimate goal is to train students to enter work in global firms. Students explore global industry standards and regulations that help them become comfortable with international business tactics. Through the examination of business roles in global agenda students become an asset inside their job. Students are taught how to facilitate strategies that center on helping businesses be strong internationally. A general international business course introduces students to the geography, the Internet, and the cultures that participate in global business. Subjects covered include organizations, monetary systems, and business roles. Education at this level is a good stepping-stone to start a career or continue education.

2. Students can study in concentrated areas such as international banking, exporting, and marketing when they enter a bachelor’s degree program. A program goes through the different regulatory practices that make up the work involved in international organizations. Essentials of business are also taught, which includes microeconomics, data analysis, and accounting. Courses on international marketing, finance, transportation, and the global market build upon basic business principles to create a well rounded professional. A marketing course gives students the framework for how marketing crosses national borders. Different foreign markets are examined to prepare students to work with various factors when deciding how to market internationally. Many students enter a career directly after completion but some use a bachelor’s for an education base to enter a master of business administration degree.

3. Management level skills are gained when students work through an MBA in international business. Areas like business risk, foreign interaction, and contract assessment are discussed inside advanced level coursework. Students are able to explain regulations on importing, unfair trade, and law. Management courses on marketing, finance, advertising, and leadership are taught from an international strategic standpoint. Career work can be done in global companies as well as in government agencies and banking companies. Many students work within international companies throughout different areas of the world. In depth research and understanding is obtained when students work through a PhD degree. Curriculum is highly focused on advanced international study. Career work usually consists of becoming a post secondary professor.

An international business company or international business corporation (IBC) can be regarded as an offshore company that has been formed under the laws of specific jurisdictions as a tax-free company which does not have the permission to engage in business within the jurisdiction it is incorporated.

The characteristics of International Business Company do vary from jurisdiction to jurisdiction. However, some common characteristics of International Business Companies are:

The International Business Companies are exempted from local corporate taxation and stamp duty, with the condition that, it should not engage into any local business. However, the fees for the annual agent and registration taxes are not included in the exemption.
They help in reserving the confidentiality of the beneficial owner
The International Business Companies do have corporate powers to engage in different businesses and activities
The International Companies can issue shares. That can be either in the registered or bearer form.
They have a provisional place for a local registered agent
It can abrogate the requirement to demonstrate corporate benefit or appoint local directors or officers.

The process of an International Company Formation involves the following steps:

Approval of company name

The approval of the name is the first step in the setting up of an International Company. The Registrar of the Companies only approves the proposed name when it is not identical or almost identical to the name of any company that is already existing. When it comes to the name, the words like bank, insurance, and group are used only if the company has a special requirement for that or functions in particular sector/sectors related to those.

If any existing has any problem with the name of a new company, it can object the same, however, within a span of six months.

Registered office

Another integral requisite is the address of the company. The address which is recorded in the Companies Registration Office is the registered office of the International Company. This is a very important part of company formation as the official mails or correspondences need to be sent to the address which is recorded as the registered office. Please note that the registered office address can be different from the trading office address.

Shareholders

In the International Company Formation, the shareholders and stockholders play a very important part as they invest into and hold shares in the assets of the company. They have also specific rights like voting at general meetings of the company.

If the company is making considerable profit, they have the right to be awarded a considerable dividend. If it is liquidated, they can also make claims to get back the money they invested. What’s more, the shareholders even have the power to remove the Directors of the company.

Authorized and issued share capital

The authorized capital signifies the total numbers of shares that can be issued among. This plays a key-role in the International Company Formation as shares are allotted to different share holders which is known as the issued share capital of the company.

Memorandum and Articles

The objectives are, main and subsidiary, are together referred to as the Memorandum of Association. It describes in a nutshell the name and the limited liability of the members of the company. The internal operations and the management that sets the meetings and the number of directors for a quorum are governed by the Articles of Association.

International company services

Corporation or limited liability Company like Offshore Incorporation is set up outside the country where the particular company is already set. Some examples are the Nevis LLC, British Island, Belize Company and Panama IBC. The owner is given a financial confidentiality like, an offshore bank account, which also aids in providing easier traceability to account holder.

International Business Program is designed for students interested in a career in an international environment. The program (Undergraduate Program: International Business Program) meets the need for business men and women who are able to work in an international business life and contains general as well as specialized courses, all given in English. You will meet students from different parts of the world during the program (Undergraduate Program: International Business Program) which gives you an excellent basis for understanding other cultures. If you take the chance to go abroad, on a university exchange and/or an international internship, you will have experience from studying and working in an international environment. This provides you with valuable experience when applying for future work.

Career opportunities After studying on the International Business Program you will have the competence and qualifications to work with international business related tasks in companies, organizations or in the public sector. The internship program offers you a unique opportunity to work abroad where you will have the chance to practice and develop your skills in marketing, management or finance. The program (Undergraduate Program: International Business Program) gives you eligibility for advanced and post-graduate studies in business administration.

Program Outline

All courses are studied one at a time with an examination at the end of each module. Normally each course module is 5 weeks.
Courses in the first five semesters and part of the sixth semester are obligatory.

• Business International Administration A (International Business Environment, marketing, organization and management of the firm, management accounting)
• Statistics (Introduction into statistical quality control and statistical decision theory) and Economic History (about the evolution of economic phenomena in historical perspective)
• Economics (how to manage limited resources)
• Business International administration B (Financial accounting B, entrepreneurial and enterprise and enterprise resource planning systems, Research methodology in Business Administration, foundations of Finance.
• Business Administration C and electives (In this semester, you will study 15 credits at C level where you choose between marketing and finance, and 15 credits (elective courses) in any subject as long as you fulfill the requirements and there are seats available on that course. You are guaranteed a seat on all courses in the following institutions: Business Administration, Economics, statistics, Law and economic history. You may also apply for other courses with in languages, behavioral sciences and informatics. You may also go for exchange studies abroad in this semester.
• Jurisprudential survey course (Introduction to Swedish Law and Basic EU Law) and 15 credits elective courses (students have an opportunity to go for internship abroad ( optional) but which we highly recommend or choose to study 15 credits electives( same conditions as in semester 5)

In the seventh semester, you will choose a specialization between the unique courses for each emphasis in Business administration. (Marketing, Management,Business Development and Internationalization).

Semester 8: Degree project. The degree project should have the same emphasis as your area of specialization (to be written with another student).
Assistance in oral and written presentation in English will be given parallel with courses in semester 1 and 4.

Career Opportunities

Students that complete this program use their qualification to work in companies, organizations and authorities with an international emphasis. The program (Undergraduate Program: Business International Program) also prepares the student for an international work environment.

Online schooling options are available to students looking to obtain a degree in international business. There are numerous schools and colleges that offer online degree training in the field of business. Students can prepare for the career of their dreams by enrolling in a number of programs. Online schools and colleges allow students to train for careers working in international finance, management, marketing, sales, importing and exporting, and more. Student may study coursework such as foreign culture, economics, imports and exports, tax, and much more depending on the chosen level of degree and specialization. Online degrees in international business can include an associate’s, bachelors, masters, and doctorate degree.

Associates degree programs are available from numerous online schools and colleges. Students can obtain an associates degree in international business in as little as two years depending on the specific area of concentration they choose. Coursework may consist of studying international trade, macroeconomics, global markets, international marketing, and other related courses. Students who wish to enroll in an accredited online program can train for careers with banks, multinational manufacturers, import/export corporations, consulting firms, and other international organizations. With an accredited associates degree students will have the skills and knowledge to pursue a bachelor’s degree in the field.

There are a number of accredited online educational programs that allow students to train for numerous careers in international business. An online bachelor’s degree program will take students approximately four years to complete. Course curriculum will vary depending on the specialization chosen by the students but may include the study of economics, principals of marketing, foreign language, international business finance, cross cultural studies, and much more. Students who wish to pursue international careers such as management analyst, sales representative, auditor, and accountant, should consider a bachelors degree. Those who wish to further their education can consider online degree training for a master’s degree in international business.

Online schools and colleges allow students to enroll in masters degree programs in the area of international business. Online degrees at this level typically take students two additional years to obtain. Students can choose to specialize in a specific area including international trade, tax, management, and much more. Areas of study may include international business policy, trade controls, international finance, foreign operations, and more depending on the chosen specialty. With an accredited masters degree students can pursue careers as international marketing directors, multinational managers, international trade managers, financial controllers, and international foreign policy advisors. A degree at this level of education will allow student to enter the workforce or enroll in a doctorate program.

A doctorate degree in international business will allow students to earn their degree with an additional two years of study. Online educational programs train students in a number of subjects to ensure they receive the knowledge and skills to pursue the career they desire. Coursework may include theory of international business, research design, marketing, communications, multi-national enterprise, and much more. With an accredited online education students will obtain the necessary training to find employment as economic researchers, university professors, business development managers, chief executive officers, and other professionals. A doctorate degree is the highest level of degree obtainable in the field of international business.

Students looking to train for the career of their dreams with an accredited online school or college can obtain the degree they desire from just about anywhere. Online international business educational programs allow students to train in a number of specialty areas to ensure they receive the career they desire. By researching programs and requesting information students can be on their way to an exciting new career.

Advancements in the fields of communication and technology, as well as international travel, have shrunk this planet substantially. These developments have created many potential business opportunities for companies around the globe. The opening of nations’ economy and lowering of international trade tariffs has increased the volume of world-wide business substantially. Therefore, a degree in international business is a wise move for career growth.

Career in Global business navigates through complex global economic landscapes. In an online MBA program specializing in international business, international finances, accounting, management, business policies, and marketing strategies will be covered. Earning an MBA makes you more competitive in the job market, with the potential for high-level promotion.

This Online MBA prepares potential students for business climates around the world. Some Online MBA International Business degree programs can be completed in just months. Gaining this MBA Business degree program prepares students for professions in the global arena, focusing on the challenges that confront international and global markets.

This MBA will address such subjects as analysis of international trade and finance, global marketing strategies, management practices in the international market places, which further enhance studies for a well-rounded MBA in Intl. Business degree. Students acquiring this MBA Degree will be prepared as professionals with opportunities in many professions, such as international sales, global distribution, international management, and international trade. Some of these MBA can be obtained through distance learning offered by reputable university/college.

Online PhD Business Administration master degree programs are also available. Coursework focuses on issues of shifting outlooks for international business, international trade and business, international finance, international economics, as well as other considerations relating to Multi-region international business beyond the United States of America: Singapore, India, China, Japan.

Global business is integral to the success and sustainability of many companies across the nation. As such, it’s imperative that these companies hire candidates with massive international business expertise. The job outlook for careers in international business is highly positive as the global interaction between multi-national companies continues to increase.