Bachelor in International Economics: Salary, Jobs, Requirements, Colleges

Bachelor’s degree in International Economics is a program that focuses on the economic aspects of international trade and business. Graduates of this program can pursue various careers in the fields of international trade, finance, and economics. Students also get a thorough grasp of how the world economy functions as well as crucial technical training and employable skills that will enable them to pursue careers in industry, government, and academia.

Course Name	Bachelor in International Economics
Course Duration	3-4 Year
Course Level	Graduation
Course Type	Degree
Admission Process	Merit-Based/ Direct/ Entrance Test

What is Bachelor in International Economics?

A Bachelor’s degree in International Economics is an undergraduate program that focuses on the economic aspects of international trade and business. This program combines economics, finance, and business courses to provide students with a comprehensive understanding of how economies operate globally

Why Study Bachelor in International Economics

There are several reasons why one might consider studying for a Bachelor’s degree in International Economics, including

• Graduates of this program have access to a wide range of career opportunities in various sectors, including government agencies, international organizations, multinational corporations, banks, and consulting firms. These careers can be challenging, rewarding, and offer good salaries.
• The program provides students with a broad understanding of the global economy, including international trade, financial markets, and economic policies. 
• This knowledge is essential for anyone who wants to understand how the world economy works and the role that different countries and regions play in it.
• Studying International Economics can help students develop strong analytical skills that are applicable to many other fields. 
• Graduates of this program are trained to analyze complex data, identify trends, and develop solutions to problems, which are valuable skills in any industry.

Colleges Offer Bachelor in International Economics 

There are many colleges and universities around the world that offer Bachelor’s degrees in International Economics. Some of the top-ranked institutions for this program include:

Universities	Location	QS Rankings 2023
Harvard University	USA	#5
London School of Economics and Political Science	UK	#56
University of Chicago	USA	#10
Sciences Po	France	#259
University of British Columbia	Canada	#47
Bocconi University	Italy	–
University of Melbourne	Australia	#33
National University of Singapore	Singapore	#11
University of St. Gallen	Switzerland	–
Peking University	China	#12

Top College in India for Bachelor in International Economics 

Given below in the table is the list of top colleges for International Economics

• Lady Shri Ram College for Women
• Sri Nadar University 
• Mount Carmel College
• Christ University 
• St. Stephin College 
• St. Xavier College 

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Core Subjects 

However, some common course programs for this program include:

• Principles of Microeconomics
• Principles of Macroeconomics
• International Trade and Finance
• Global Economic Issues
• Economic Development
• International Monetary Theory and Policy
• Corporate Finance
• Financial Markets and Institutions
• Globalization and Business Strategy
• Comparative Economic Systems

Skills Required

These are the skills required for pursuing Bachelor in International Economics

• Mathematical skills
• Logical thinking, 
• Data analyzing skills
• Critical thinking
• Communication skills
• Management skills 
• Research skills 

Eligibility Requirements  

Eligibility requirements for a Graduation program in International Business can vary depending on the institution offering the program. However, some common eligibility requirements include:

• Students are required to have completed their high school education or an equivalent qualification before applying for the program.
• Many institutions have specific academic requirements for admission, such as minimum grade point average (GPA) or standardized test scores, such as the SAT or ACT.
• International students may be required to demonstrate English language proficiency by providing scores from English proficiency tests such as TOEFL or IELTS.
• Students must submit an application, which typically includes their academic transcripts, letters of recommendation, a personal statement, and an application fee.
• Some institutions may have additional requirements, such as interviews or essays, as part of the application process.

English Proficiency Score 

English proficiency test scores requirement:

Test	Score
IELTS	Overall 7
PTE	Above 57
Duolingo	Above 110

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Admission Process

The admission process for a Graduation program in International Business can vary depending on the institution offering the program. However, here are some common steps involved in the admission process:

• Start by researching different institutions that provide Graduation programs in International Business. Look at their admission requirements, program curriculum, tuition fees, and available scholarships.
• Once you have selected an institution, you need to submit your application online or in person. The application will typically require your academic transcripts, letters of recommendation, a personal statement, and an application fee.
• Some institutions may require standardized test scores, such as the SAT or ACT, as part of the application process. International students may also need to provide scores from English proficiency tests such as TOEFL or IELTS.
• Interview: Some institutions may require an interview as part of the admission process. The interview may be conducted in person or over the phone.
• Once the institution has received your application materials, they will review your application and make an admission decision. You will typically receive an admission decision within a few weeks.

Documents Required 

These are the list of some mandatory documents which is required during the admission process 

• Statement of Purpose
• Letter of Recommendation
• Academic Transcripts 
• Passport size photographs 
• Passport
• Entrance Exam score 

Career Scope 

Graduates of an International Business have a wide range of career options available to them. The program provides students with a strong foundation in the business aspects of international trade and commerce, which is highly valued by employers in today’s global economy.

Some career options for graduates of this program include:

• International Business Consultant
• Export/Import Manager
• Global Marketing Manager
• Supply Chain Manager
• International Trade Specialist
• Foreign Investment Analyst
• International Business Development Manager
• Logistics Coordinator
• International Financial Analyst
• Global Human Resource Manager

Jobs Prospect and Salary

Graduates of a Graduation program in International Business have a promising job outlook and potential for high salaries, depending on their level of experience, job role, and location. Here are some of the most popular job positions and their average salaries for graduates of a Graduation program in International Business:

Job profiles	The average salary in $	Average Salary in INR
International Business Consultant	$82,000 per year	INR 67,61,064
Export/Import Manager	$80,000 per year	INR 65,96,160
Global Marketing Manager	$100,000 per year	INR 82,45,200
Supply Chain Manager	$85,000 per year	INR 70,08,420
International Trade Specialist	$72,000 per year	INR 59,36,554
Foreign Investment Analyst	$80,000 per year	INR 65,96,160
International Business Development Manager	$95,000 per year	INR 78,32,940
Logistics Coordinator	$50,000 per year	INR 41,22,600
International Financial Analyst	$75,000 per year	INR 61,82,463
Global Human Resource Manager	$98,000 per year	INR 80,70,419

Top Recruiters 

The top recruiters for graduates of a Graduation program in International Business can vary depending on the location and industry. However, here are some of the top recruiters for this field:

• Deloitte
• PricewaterhouseCoopers (PwC)
• KPMG
• Ernst & Young (EY)
• Amazon
• Procter & Gamble
• Coca-Cola
• IBM
• JP Morgan Chase
• Microsoft

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FAQs

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