Business Report

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An Online Business Degree Will Help You In The Long Run

Three new types of Online Management Info Systems Degrees are being added to a Texas university’s offerings as a means of training students for jobs that are expected to experience growth. Through the institution’s planned marketing and information systems degree offerings, students are to learn about marketing data and analysis and how businesses use computers to improve their work. Students who enroll in the university’s new global business degree, on the other hand, might expect to learn a foreign language, study other cultures and participate in study abroad programs.

International business has become a focus at not only the Texas university but several throughout the country. In Indiana, students working toward business degrees this year can minor in international studies. As part of the minor, students are expected to learn about world and human geography as well as speaking either French, Spanish or Chinese, an Inside INdiana Business report recently noted.

A member organization known as NAFSA: Association of International Educators (originally named National Association of Foreign Student Advisers) works in part to promote international education. Today’s global challenges demand international competence, the group’s web site notes. Those who are better prepared to meet 21st century demands are those who study abroad, study foreign languages and participate in internships and experiential learning opportunities, according to the association web site.

Growing economies outside of the United States can influence business transactions and increase the value of an international Online Economics Degrees, according to a university in Tampa that also offers an international business degree. China has for some time been a popular subject of study, as well as a site where colleges and universities have expanded their presences. Now, some institutions of higher education are looking at India, Inside Higher Education has noted.

Business schools in Georgia, for instance, offer joint two-year master’s degree programs with a management school in Channai, the Inside Higher Education article noted. A Texas university, on the other hand, offers a Study Abroad program in India, where students can learn about the culture as well as some of the challenges and opportunities for doing business there. As the second fastest growing market in Asia, India offers varied and profitable export opportunities in certain areas and situations, the U.S. Department of Commerce reports.

The concept of incorporating foreign language and culture studies into business degree programs isn’t necessarily new. A university in Michigan in 1979 launched one of the first programs in the United States to combine requirements in foreign language proficiency with area studies, international business, economics and practical training that became a model for developing similar programs elsewhere, an ERIC Clearinghouse article reported. Yet a Bloomberg BusinessWeek reporter addressing the expansion of a New York City art and design school’s design and management program earlier this year suggested that a need still exists for undergraduate business programs to provide students with an understanding of and empathy for different cultures.

A study of University System of Georgia institutions suggests that Study Abroad programs might help with that understanding and empathy. Academic performance and graduation rates of study abroad students, including the academic performance of at-risk students, improves, according to study results cited in a recent Inside Higher Education report. A Transitions Abroad study reports that Study Abroad alumni found the experience increased their self-confidence, helped them better understand their own cultural values and biases, reinforced their commitment to foreign language studies and more.

The House Agriculture Committee earlier this year passed a reform law for travel to Cuba that is awaiting House review, according to a NAFSA news item. Foreign language programs, facing budget cuts, are working to collaborate with other institutional units as a means of strengthening their programs, an Inside Higher Education report noted. To help combat studies showing that students aren’t able to articulate the value of study abroad experiences well enough in interviews that they can land jobs, a university in Michigan has established a workshop to train them in this area, according to a recent Chronicle of Higher Education report.

As businesses get more and more into global decisions and employment needs, the demand for those with online degree qualifications will grow.  Completing a business degree program and supplementing those studies with on line degrees in language are a way to make yourself a major component of these advances. 

BBC News – World Business Report – Chinese Railways – Jan4

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