International commerce is an emerging career field that involves the execution and management of global business efforts. Below is some information that can help you in deciding if studies in international commerce are right for you and what type of careers are available in this field.
Companies no longer sell solely to local customers. With the help of websites and other technologies, customers can now be located anywhere in the world. International commerce professionals are experts in world trade, economics, finance, currencies and international trade law. Most are employed by companies with a large foreign presence, although some may offer their services to a variety of organizations as economic or trade consultants. If you're interested in launching a career in international commerce, you should be good with numbers, possess strong communication skills and have an interest in traveling and connecting with other cultures.
Several fields related to international commerce are expected to see rapid growth throughout the next several years. According the the U.S. Bureau of Labor Statistics (BLS), management analyst employment growth is projected to see a 24% increase from 2008-2018, while jobs for interpreters and translators are expected to grow by by 22%. Despite the employment growth, strong job competition is expected, particularly for management analysts. Professionals with graduate degrees, as well as those with sales and public relations experience should see the best opportunities.
Studies in international commerce can be a good starting point for a wide range of career fields, including business management, marketing, technical consulting and language translation. Educational programs in international commerce are available at both the undergraduate and graduate degree level. Many schools also offer business, finance or economics degrees that emphasize international commerce.
As an international commerce student, you may take courses in organizational behavior, competing in global markets, international relations, macroeconomics, accounting, regional geography and foreign language. While a bachelor's degree can be sufficient for many professions in international commerce, an international commerce master's degree may be useful for those interested in higher-level careers. Programs at this level may include coursework in business analysis, corporate finance, marketing management, financial reporting and strategic management, as well as a variety of professional development seminars.