Business professionals are increasingly servicing the needs of customers around the world, yielding them all of the elements for a successful professional and personal life. But many school leavers find themselves overwhelmed with indecision and doubts when it comes to deciding which degree to study. Here are 5 reasons why you should study International Business.
Over the past decade, we have seen a multitude of growing distribution networks, supply chains, and transportation hubs, simplifying the purchasing process of products and services worldwide.
The large networks of worldwide financial institutions have been proven to reduce currency issues and with recent movies such as “The Wolf Of Wall Street” more and more people are wanting to embark on a career in the Business world.
In turn, business professionals are increasingly servicing the needs of customers around the world, yielding them all of the elements for a successful professional and personal life. But many school leavers find themselves overwhelmed with indecision and doubts when it comes to deciding which degree to study.
Here are 5 reasons why you should study International Business.
1. Expand your toolbox of skills.
A business degree program will teach you to think in a critical way and also develop your problem solving skills. These are two crucial credentials which will enable you to think on your feet and make the right decisions in pressurised situations. Whether it be learning how to balance a budget, or weighing marketing mishaps- you will learn to deal with the toughest of situations and find the smoothest way out.
These skills will benefit you not only in your professional life, but also in your personal life, setting you up for success, whatever career path you eventually decide on.
2. Avoid Analysis Paralysis.
When overwhelmed by complex statistics and data, it´s easy to drown in a sea of numbers and find yourself going in circles. One of the main reasons why you should study International Business, is that you will delve into the details of data analysis. A good business person knows that the foundation of a successful trading or material goods exchange process, are numbers.
You will learn about statistics, patterns and important economic formulas which help businesses make the most out of their production.
3. Become A People Person
In the business world, communication skills are key. In order to be part of a thriving business, you need to know how to motivate yourself with your own drive and ambition, whilst complementing that with a team spirit. A business cannot survive without clients or consumers and it is important to know when to lead and when to follow.
Negotiation skills and people skills are essential for a modern business to run smoothly.
4. Know Your Niche
You will learn how to correctly perform in depth research. A successful business understands the importance on getting to know your customers needs, as well as recognising demographic and economic limitations.
If you don´t know what your customers problem is, then how can you know how to solve it?
This essential knowledge will yield you maximum profit.
5. Get Creative
The more prestigious business degree programmes should encourage you to develop your own creativity. The educational institutions of today are preparing their students to become the leaders of tomorrow: There is no better way to help students succeed in the modern marketplace, than to enable them to create a visionary product, idea or model.
Aside from the above reasons, it is important to consider what you would like to achieve both personally and professionally.
Studying International business will allow you to understand global issues, hence preparing you for diverse business opportunities and not limiting yourself to finding a job in your country of study alone, but rather opening up every country as a possible option for you to start your career.