Find Schools

Study Area & Zipcode

International Business Major

Find Schools Near

International Business

6,704 Bachelor's Degrees Annually
2,044 Master's Degrees Annually
#66 in Popularity
$123,880 Median Salary

Types of Degrees International Business Majors Are Getting

The following table lists how many international business graduations there were in 2017-2018 for each degree level.

Education Level Number of Grads
Bachelor’s Degree 6,708
Master’s Degree 2,044
Basic Certificate 1,248
Associate’s Degree 227
Graduate Certificate 219
Undergraduate Certificate 53
Doctor’s Degree 37

What International Business Majors Need to Know

People with careers related to international business were asked what knowledge areas, skills, and abilities were important for their jobs. They weighted these areas on a scale of 1 to 5 with 5 being the highest.

Knowledge Areas for International Business Majors

According to O*NET survey takers, a major in international business should prepare you for careers in which you will need to be knowledgeable in the following areas:

undefined
  • Administration and Management - Knowledge of business and management principles involved in strategic planning, resource allocation, human resources modeling, leadership technique, production methods, and coordination of people and resources.
  • English Language - Knowledge of the structure and content of the English language including the meaning and spelling of words, rules of composition, and grammar.
  • Customer and Personal Service - Knowledge of principles and processes for providing customer and personal services. This includes customer needs assessment, meeting quality standards for services, and evaluation of customer satisfaction.
  • Mathematics - Knowledge of arithmetic, algebra, geometry, calculus, statistics, and their applications.
  • Economics and Accounting - Knowledge of economic and accounting principles and practices, the financial markets, banking and the analysis and reporting of financial data.

Skills for International Business Majors

The following list of skills has been highlighted as some of the most essential for careers related to international business:

undefined
  • Speaking - Talking to others to convey information effectively.
  • Critical Thinking - Using logic and reasoning to identify the strengths and weaknesses of alternative solutions, conclusions or approaches to problems.
  • Active Listening - Giving full attention to what other people are saying, taking time to understand the points being made, asking questions as appropriate, and not interrupting at inappropriate times.
  • Reading Comprehension - Understanding written sentences and paragraphs in work related documents.
  • Complex Problem Solving - Identifying complex problems and reviewing related information to develop and evaluate options and implement solutions.

Abilities for International Business Majors

As a international business major, you will find yourself needing the following abilities:

undefined
  • Oral Expression - The ability to communicate information and ideas in speaking so others will understand.
  • Oral Comprehension - The ability to listen to and understand information and ideas presented through spoken words and sentences.
  • Written Comprehension - The ability to read and understand information and ideas presented in writing.
  • Speech Clarity - The ability to speak clearly so others can understand you.
  • Written Expression - The ability to communicate information and ideas in writing so others will understand.

What Can You Do With a International Business Major?

Below is a list of occupations associated with international business:

Job Title Job Growth Rate Median Salary
Business Professors 18.0% $83,960
General and Operations Managers 9.1% $100,930

Who Is Getting a Bachelor’s Degree in International Business?

6,708 Bachelor's Degrees Annually
54% Percent Women
34% Percent Racial-Ethnic Minorities
This is a less frequently chosen undergraduate major. Only 6,704 students graduated with a bachelor’s degree in international business in 2018, making it rank #66 in popularity. Roughly 54% of the graduates are women, and 46% are men.

Racial-Ethnic Diversity

At the countrywide level, the racial-ethnic distribution of international business majors is as follows:

Racial-Ethnic Diversity of International Business Students with Bachelor's Degrees
Race/Ethnicity Number of Grads
Asian 392
Black or African American 358
Hispanic or Latino 1,332
White 2,871
International Students 1,373
Other Races/Ethnicities 382

Geographic Diversity

Americans aren’t the only ones with an interest in International Business. About 20.5% of those with this major are international students. The most popular countries for students from outside the country are:

  • China
  • India
  • Venezuela
  • Japan
  • South Korea

How Much Do International Business Majors Make?

Bachelor’s Degree Starting Salary

According to 2017-2018 data from the U.S. Department of Education, students who graduated with a bachelor’s degree in international business have a median salary of $41,050 during the early years of their career. During this timeframe, most salaries fell between $35,950 (25th percentile) and $48,500 (75th percentile).

undefined

We don’t know for sure if all of these people took jobs related to international business so take that into consideration.

Salaries According to BLS

International Business majors often go into careers where salaries can range from $103,330 to $200,140 (25th to 75th percentile). This range includes all degree levels, so you may expect those with a more advanced degree to make more while those with less advanced degrees will typically make less.

To put that into context, according to BLS data from the first quarter of 2020, the typical high school graduate makes between $30,000 and $57,900 a year (25th through 75th percentile). The average person with a bachelor’s degree (any field) makes between $45,600 and $99,000. Advanced degree holders make the most with salaries between $55,600 and $125,400.

Median Salary for an International Business Major  ( 103330 to 200140 )
0K
250K
Median Salary for a High School Graduate  ( 30000 to 57900 )
0K
250K
Median Salary for a Bachelor's Degree Holder  ( 45600 to 99000 )
0K
250K
Median Salary for an Advanced Degree Holder  ( 55600 to 125400 )
0K
250K

Some careers associated with international business require an advanced degree while some may not even require a bachelor’s. Whatever the case may be, pursuing more education usually means that more career options will be available to you.

How much schooling do you really need to compete in today’s job market? People currently working in careers related to international business have obtained the following education levels.

undefined
Education Level Percentage of Workers
High School Diploma - or the equivalent (for example, GED) 5.8%
Post-Secondary Certificate - awarded for training completed after high school (for example, in agriculture or natural resources, computer services, personal or culinary services, engineering technologies, healthcare, construction trades, mechanic and repair technologies, or precision production) 3.5%
Some College Courses 8.5%
Associate’s Degree (or other 2-year degree) 4.8%
Bachelor’s Degree 24.3%
Post-Baccalaureate Certificate - awarded for completion of an organized program of study; designed for people who have completed a Baccalaureate degree but do not meet the requirements of academic degrees carrying the title of Master. 11.8%
Master’s Degree 15.9%
Post-Master’s Certificate - awarded for completion of an organized program of study; designed for people who have completed a Master’s degree but do not meet the requirements of academic degrees at the doctoral level. 5.0%
First Professional Degree - awarded for completion of a program that: requires at least 2 years of college work before entrance into the program, includes a total of at least 6 academic years of work to complete, and provides all remaining academic requirements to begin practice in a profession. 0.8%
Doctoral Degree 20.1%

Online International Business Programs

In 2017-2018, 609 schools offered a international business program of some type. The following table lists the number of programs by degree level, along with how many schools offered online courses in the field.

Degree Level Colleges Offering Programs Colleges Offering Online Classes
Certificate (Less Than 1 Year) 58 9
Certificate (1-2 years) 21 1
Certificate (2-4 Years) 1 0
Associate’s Degree 57 11
Bachelor’s Degree 43 9
Post-Baccalaureate 58 9
Master’s Degree 129 29
Post-Master’s 11 0
Doctor’s Degree (Research) 10 1
Doctor’s Degree (Professional Practice) 0 0
Doctor’s Degree (Other) 0 0

Is a Degree in International Business Worth It?

The median salary for a international business grad is $123,880 per year. This is based on the weighted average of the most common careers associated with the major.

This is 210% more than the average salary for an individual holding a high school degree. This adds up to a gain of about $1,679,600 after 20 years!

undefined

You may also be interested in one of the following majors related to international business.

Major Number of Grads
Business Administration & Management 399,810
Accounting 107,851
General Business/Commerce 58,413
Finance & Financial Management 56,960
Marketing 49,179
Human Resource Management 26,853
Hospitality Management 20,194
Business Support & Assistant Services 19,248
Management Sciences & Quantitative Methods 18,282
Management Information Systems 14,578
Entrepreneurial Studies 8,522
Business/Managerial Economics 6,727
Specialized Sales, Merchandising & Marketing 6,711
Other Business, Management & Marketing 5,750
General Sales & Marketing 5,673
Real Estate 5,183
Construction Management 3,375
Insurance 2,316
Taxation 1,888
Business/Corporate Communications 1,088
Telecommunications Management 48

References

More about our data sources and methodologies.

Featured International Business Schools

Find Schools Near You

Our free school finder matches students with accredited colleges across the U.S.