What is a Global MBA?
The first question that automatically comes to mind upon reading the title is what is a global MBA. According to Michael Lu, a spokesperson of Hult International Business School,a global MBA program is what offers students a great deal of understanding and experience on international business.
The syllabus of a global MBA has some noted similarities with that of a regular MBA. But it differs primarily in the form of the international outlook-oriented part of the curriculum. Major emphasis is placed on the development of the same amongst students.
Global business experience is another noteworthy aspect of the global MBA program. It helps the students learn cultural immersion, assess ROI(return on investment) as per business organizations, and have an understanding of the challenges faced in international business.
Importance of global MBA
- Professional career expansion: A global MBA expands your job horizon significantly. Career options like consultancies, business developments, and manufacturing fields can open up if you choose to specialize in business operations. A global MBA helps you get that specialization along with the rest of the MBA curriculum.
- Expansion of professional network: One of the key characteristics of a global MBA program is that you get to meet like-minded students from all across the globe. This helps students expand contacts not just in the country but across the globe.
- Inspires and appreciates innovative business ideas: The main reason why a global MBA has become an essential tool in an entrepreneur’s repertoire is because of its ability to improve on their ideas.
Career options after a global MBA
A global MBA offers you numerous career options to pursue. Here is a list of a few of them.
- International Trade Policy Advisor: Due to the high exposure to international business during the course, global MBA graduates are prioritized over regular MBA graduates for the role of international trade policy advisor. The job description includes communicating with foreign countries and communicating the rules and regulations of international business to your clients. This information, of course, has to be customized in accordance with the services being provided by the client.
- Global Management Consultant: The people who help various firms identify themselves and establish successful operations in foreign markets are known as Global Management Consultants. This role also assigns you the responsibility of cost management, enhancement of productivity, efficiency enhancement, and the conduction of operations.
- International Trade Specialist: This job primarily entails the coordination of credit activities, obtaining payment for export and import operations, and financial activities. Matters like advisory roles in tariff, foreign and federal regulations and markets will also fall under your jurisdiction.
Business Development Manager, International Sales Manager and Health Services Manager are few of the other lucrative career paths open to Global MBA graduates.
