Business schools have placed an increasing emphasis on global training to prepare students for the international nature of business today. To do this, schools have implemented a diverse set of programs aimed at the global business landscape. Let’s explore a few different program options currently available for students interested in cultivating a deeper understanding of international business:
One of the best ways to immerse oneself in an international market is to study abroad. Taking part in a study abroad program will not only allow you spend some time in an international market to better understand its customs and business culture, but it will also allow you to study business more in a more formal setting. In addition, the networking opportunities available via study abroad programs can help students cultivate a strong international network of like-minded business professionals.
International Immersion Programs
The second-best option to studying abroad is engaging in an international-themed business immersion, such as a global lab program. These programs offer tailored training on specific topical areas, and often in collaboration with a specific business in-country. They also often include an in-country component where students actually spend time in the country they are studying solving a specific business problem or learning more about the region through company visits, alumni chats, and government briefings.
Another great way to prepare for a career in international business is to learn or refine your skills in a foreign language. Many programs now offer training in a foreign language, either through a sponsoring undergrad program or an external company like Berlitz. For students interested in studying abroad, language study can be a natural precursor to this. For many international, post-MBA roles, a competency in a foreign language can be a requirement, so spending time developing this skill can be very advantageous for the recruiting process.
In recent years, business schools have done a great job increasing the amount of coursework they offer (and sometimes even require) around international business. These classes can provide some nice academic training and knowledge in key functional areas like international marketing, international finance, and global markets. Taking international courses during your time at business school can help prepare you for a career working abroad or in international-themed roles at a global company.
Business schools offer a wealth of international learning opportunities – make the most of your two years pursuing your MBA by preparing for a changing global marketplace.
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Dozie A. is a Veritas Prep Head Consultant for the Kellogg School of Management at Northwestern University. His specialties include consulting, marketing, and low GPA/GMAT applicants. You can read more articles by him here.