The Top Global Business MBA Online Programs

Businesses around the world are becoming more globalized as they compete to promote and grow their services in different countries. As such, a top online Master of Business Administration in Global Business is becoming a crucial tool for students who want to learn how business practices vary among different cultures. A global business MBA online can give graduates the credentials to work for multinational corporations, non-profits and government agencies alike. This is because many large companies need employees that can facilitate global growth by assessing the variable political, social, economic and technological landscapes of the world, a skill set that is the most important pillar of the best online MBA global business programs.

An online Master of Business Administration in Global Business is structured similarly to an MBA program for finance or accounting, but with an international focus. Accredited global business MBA online programs teach students different cultural values and international trade laws that are useful when evaluating global markets. Additionally, MBA online global business programs address common issues facing companies expanding into new markets, such as managing supply chains and creating workforce diversity.

How can I tell if an online MBA global business degree is right for me?

Students who are interested in international trade law, foreign exchange markets and even anthropology will find an  online MBA program in global business both rewarding and insightful.

Many online MBA global business students also have the following traits:

• A skill for communicating with persons outside organization
• An ability for making decisions and solving problems
• A proclivity for establishing and maintaining interpersonal relationships
• A propensity for communicating with supervisors, peers, or subordinates
• An inclination for resolving conflicts and negotiating with others

How long does it take to earn an MBA online global business degree?

A global business MBA degree online takes approximately the same time to complete as any other MBA online. To complete this degree it normally requires 2 years of full-time schooling. However, part-time or accelerated programs are offered by some schools to allow students to finish the MBA under a timeframe that suits their schedule.

What are the prerequisites and admission requirements for MBA global business schools online?

Prior to gaining admission in online MBA global business programs, business schools normally require students to have a bachelor’s degree. While having a bachelor’s degree in subjects such as international affairs, international business, international law, and business administration may be ideal for those wanting to enroll in a good MBA global business online program, it is generally not required.

In addition to requiring students to have a bachelor’s degree, many online MBA in global business programs base admission on the following criteria:

• Academic transcripts
• Work experience
• Essays
• Graduate Management Admission Test scores (GMAT)

What courses will I take in global business MBA programs online?

Students pursuing an online MBA in global business take courses set against a backdrop of global trade. However, the first half of the curriculum is still dedicated to shoring up students’ basic business knowledge. Reputable online global business MBA schools like the one at Benedictine University dedicate the initial portion of their curriculum to classes in corporate finance, international marketing, accounting and, in some cases, foreign language courses.

Following the introduction of basic business practices, MBA global business online schools then shift their curriculum to courses that detail intricate aspects of international economies and specific systems of trade. Students can expect to take classes dealing with global market research, international logistics, foreign credit, trade economics and customs brokering.

Many students enrolled in online global business MBA programs do an internship during the course of their studies. These internships can prove very useful. Through them, students get a chance to put their learning into practical use. They also often make important business contacts.

What are the best online MBA in global business books I should consider reading?

Books that may be helpful for students interested in global business MBA careers include:

1. Doing Business Anywhere: The Essential Guide to Going Global (Tom Travis) – This book simplifies confusing trade laws and details specific foreign customs in order to streamline the process of creating business partnerships across cultures.

2. World Inc. (Bruce Piasecki) – In a book well suited to students enrolled in traditional business programs and global business MBA schools online, Piasecki demonstrates how socially conscious business practices will not only attract consumers but will set a positive social example as well.

3. The Travels of a T-Shirt in the Global Economy: An Economist Examines the Markets, Power, and Politics of World Trade (Pietra Rivoli) – This book analyzes the political, social and environmental challenges related to globalization by following the journey of one T-shirt from manufacturer to customer.

4. Managing Across Cultures: The Seven Keys to Doing Business with a Global Mindset (Charlene Solomon; Michael S. Schell) – Solomon and Schell underline the importance of cultural diversity for businesses expanding into international markets.

5. The Elephant and the Dragon (Robyn Meredith) – Meredith’s book considers how industrializing countries like China and India will influence the global marketplace in years to come.

What are my future job prospects if I pursue global business MBA jobs?

There is only one thing more important to students than online global business MBA rankings, and that is the industry’s job outlook. Fortunately, tens of thousands of jobs have been created by companies in need of consultants to assess not only new markets but also the risks that come with international expansion. The global business MBA salary figures of several recognized industry-related positions are listed below:

• Chief Operating Officer (C.O.O.) – $165,080
• Operations Managers – $95,150
• Market Research Analysts – $60,570
• Industrial Production Managers – $87,160

As the business world becomes more globalized, more jobs will become available both domestically and internationally. Job forecasts vary based on position, but they mostly stand to see a 5 to 10% increase in the next decade. One of the biggest reasons for this relatively slow growth projection is that many corporations will look to consolidate their top executive positions as they merge with new companies abroad. In addition, managerial positions in manufacturing industries are expected to grow slowly as many factories become more automated and less reliant on human workers.

Many employers prefer graduates who have earned their degrees from a program that has been accredited by the Association to Advance Collegiate Schools of Business. AACSB accredited global business MBA programs are believed to provide students with a quality education.

What are the top online schools to pursue an online Global Business MBA degree?

• South University
• Hawaii Pacific University Online
• University of Phoenix
• Walden University
• Western International University