The growth of global business has created a need for business managers who are well-versed in international business. The objective of the international business option is to prepare students for the increasingly competitive and interdependent international business world with which they must cope. A fundamental truth is that while business principles may be universal, the application of specific principles in different markets often requires local adaptation. Studying international business increases one’s sensitivity to the need for such adaptation.
Students who major in international business learn how business is conducted within their home country as well as other countries. The focus is on learning how to serve customers in international markets as well as what is needed to take a local business global. Students are required to have some significant, direct international experience as part of the degree. A major in international business can help individuals who are interested in securing a position within the global business market.
Students who major in international business must fulfill requirements for another major (either within, or outside of, the School of Business) or a minor in Risk Management and Insurance. Students whose second majors are outside of the School of Business must also fulfill all of the Business Core, Math, Economics and Psychology/Sociology courses that are required of business majors.
Fulfillment of requirements for a second major (particularly if in business) is critical, as functional business skills such as accounting, marketing and finance are important for initial career placement, and are emphasized more in the early stages of business careers. Normally students are not hired for a first job or position in international business. International skills are generally utilized after mastering functional skills.