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

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Bachelor in International Economics.

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.

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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 UniversityUSA#5
London School of Economics and Political ScienceUK #56
University of ChicagoUSA#10
Sciences PoFrance #259
University of British ColumbiaCanada#47
Bocconi UniversityItaly 
University of MelbourneAustralia #33
National University of SingaporeSingapore#11
University of St. GallenSwitzerland 
Peking UniversityChina #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 

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:

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

Q.1. What is a Bachelor’s degree in International Economics?

Ans: A Bachelor’s degree in International Economics is an undergraduate academic program that focuses on the economic issues related to international trade and globalization. It involves the study of economic theory, international finance, trade policies, and global economic institutions.

Q.2. What are the prerequisites for a Bachelor’s degree in International Economics?

Ans: Prerequisites for a Bachelor’s degree in International Economics vary from university to university, but generally, students are expected to have a strong foundation in mathematics, statistics, and microeconomics.

Q.3. What are the career opportunities for graduates with a Bachelor’s degree in International Economics?

Ans: Graduates with a Bachelor’s degree in International Economics can pursue a wide range of careers in government, international organizations, financial institutions, and the private sector. Some common job titles include economic analyst, international trade specialist, financial analyst, international business consultant, and policy advisor.

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