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International Commerce: Jobs, Courses, Salary

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International commerce

International Commerce or International Business is a comprehensive academic discipline that deals with studying the business environment, marketing techniques, and trade relations at the global level. Several universities and colleges across the globe offer this subject at different levels of higher education- undergraduate and graduate. Individuals with an interest in finance and marketing can opt for this course to gain employment in multiple industries. After graduating with a bachelor’s or master’s degree in this academic field, graduates can also opt for doctoral courses in various domains of marketing and management. 

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Why Study International Commerce?

Pursuing an undergraduate or graduate degree in International Business/Commerce helps students learn about the foundations of business and marketing.

  • Students of these courses are exposed to the international business environment, so they can identify different growth opportunities in marketing and business at the global level.
  • Additionally, the skills acquired during the course tenure empower students to challenge themselves in the global business environment.
  • Enrolment in these courses also enables students to make decisions in challenging situations like international trade and market operations. 

International Commerce Abroad

Some of the top universities in the USA, the UK, Germany, Australia, and Canada offer Bachelor of Arts (BA), Bachelor of Business Administration (BBA), Bachelor of Science in Business Administration (BSBA), Bachelor of Commerce (BCom), Bachelor of Engineering (BEng), and Master of Business Administration (MBA) in International Commerce. These courses are available for international students. 

USA

The following table enlists the universities in the USA that provide undergraduate and postgraduate programmes in this academic discipline to international students:

UniversitiesCoursesAnnual Tuition Fee QS World University Rankings 2024
Lincoln UniversityBA in Business Administration: International BusinessINR 12,54,038
University of WisconsinBBA in International BusinessINR 13,86,042
Central Michigan UniversityBSBA in International BusinessINR 15,62,2671201-1400
California State UniversityMBA International BusinessINR 18 lakh1401+
Yale UniversityMBA International BusinessINR 62 lakh16

Must Read: Best Business Schools in Dubai

Canada

Students aspiring to pursue a career in International Business can apply to the following Canadian universities:

UniversitiesCoursesAnnual Tuition FeeQS World University Rankings 2024
Humber College Institute of Technology and Advanced LearningBCom in International BusinessINR 10,73,110
Lakehead UniversityBCom in International BusinessINR 18,04,577
University of WindsorBCom (Hons.) Business Administration: International BusinessINR 22,06,504641-650
University of ReginaMBA International BusinessINR 11 lakh1001-1200
York University MBA International BusinessINR 32 lakh353

UK

The table below consists of some of the top universities in the UK and courses for international students:

UniversitiesCoursesAnnual Tuition FeeQS World University Rankings 2024
Keele UniversityDual BA (Hons.) International Business & MarketingINR 18,95,238781-790
The University of BirminghamBSc International Business; MBA International BusinessINR 21,29,863; INR 18 lakh84
Regent’s University LondonBA (Hons.) International BusinessINR 21,05,774
University of GreenwichMBA International BusinessINR 18 lakh671-680
Coventry UniversityMBA International BusinessINR 20 lakh=571

Australia

Students with an interest in International Commerce can opt for these Australian universities:

UniversitiesCoursesAnnual Tuition FeeQS World University Rankings 2024
RMIT UniversityBEng International Business; BBus International BusinessINR 22,66,151; INR 19,01,672140
AIBIBachelor’s in International BusinessINR 11,92,185
Curtin UniversityMBA International BusinessINR 23 lakh183
The University of NewcastleMBA International BusinessINR 20 lakh=173
Edith Cowan UniversityMBA International BusinessINR 19 lakh529

Germany

Here is a list of German universities that offer undergraduate and MBA courses in International Business:

UniversitiesCoursesAnnual Tuition FeeQS World University Rankings 2024
University of Applied Management StudiesBA Management in International BusinessINR 6,24,416
Munich Business SchoolBA International BusinesINR 10,70,122
EU Business School MunichBA International Business: Business AdministrationINR 11,90,665
Hochschule Furtwangen UniversityMBA International BusinessINR 7 lakh
Anhalt University of Applied SciencesMBA International BusinessINR 1 lakh

Also Read: MPhil in Business Administration

Course Subjects

An International Commerce degree, both undergraduate and postgraduate, contains a blend of theoretical principles and practical abilities needed to establish a prosperous career in international businesses. These courses often cover the following topics:

Skills Required

International business is a career that necessitates extensive communication with international clientele, proposing commercial solutions, and living abroad. A career this demanding necessitates a certain level of proficiency in International Business-related skills. Among these abilities are:

Eligibility Criteria

Students aspiring to pursue International Commerce courses from foreign universities need to meet the eligibility criteria as prescribed by the universities. Candidates must possess the minimum educational qualification and scorecards of accepted English language proficiency tests. Aspirants must secure the minimum band or score for the proficiency tests, as determined by universities of interest.

Mentioned below are the bare minimum requirements for admission to Bachelor and MBA courses in International Commerce:

Bachelor’s Programmes

Students aspiring to pursue a bachelor’s degree in International Business/Commerce must meet the following admission requirements:

  • The candidate must have completed 10+2 from a recognised college/school/academic institute.
  • The student must have secured a minimum of 50% in the senior secondary-level examination.
  • The applicant must appear for the English language proficiency test whichever is accepted by the university of interest.
  • The aspirant must have a valid passport.

MBA programmes

Candidates opting for MBA in International Commerce or International Business need to adhere to these eligibility criteria:

  • The aspirant must have completed Class 12 with at least 50% marks.
  • The candidate should score the minimum required score in the PTE academic/IELTS/TOEFL test.
  • The applicant must have work experience. 
  • The candidate must possess a valid passport.

Admission Process

Indian students aspiring to be admitted to undergraduate and postgraduate programmes in this academic discipline are advised to visit the official websites of the universities to access the application forms and brochures. Or you can ease your application process by reaching out to Leverage Edu experts.

We will guide you through the entire admissions process by offering help in the following stages:

Now the time has come for you to wait for the conditional offer letter/unconditional offer letter/admit letter/invitation letter from the respective university. This process takes nearly 4 to 6 weeks. 

Documents Required

Mentioned below is a list of mandatory documents that a student needs to produce during the admission process:

Also Read: Job Opportunities after MBA in Marketing

Career Scope

The U.S. Bureau of Labour Statistics (BLS) forecasts a 19%, or substantially faster-than-average, increase in employment for management analysts nationally from 2012 to 2022. Increased international business was projected to boost job development in this highly competitive area; applicants who are proficient in another language and have a graduate certificate or degree may have the best possibilities. Sales and public relations experience may also be advantageous.

The BLS also predicted a 46% increase in jobs for interpreters and translators, which is substantially quicker than the national average. Candidates with a bachelor’s or master’s degree and an industry certification may stand out during the hiring process, though opportunities will differ depending on language speciality.

Jobs and Salary

Pursuing a degree in International Commerce enables graduates to gain employment in different roles in corporations across the globe. Some of the most lucrative job opportunities after International Business courses are displayed in the table below:

Job TitlesAverage Annual Salary (Freshers)Skills Required
Global Business ManagerINR 10.50 lakhMarketing; Financial Management; Communication; Time Management
International Finance ManagerINR 9.50 lakhLeadership; Data Analysis; Mathematical; Policy Implementation
International Business ConsultantINR 7.50 lakhTeamwork; Analytical; Interpersonal; Attention to detail
Business Development ManagerINR 5.63 lakhInterpersonal; Organisational skills; Interpersonal; Technical skills
International Marketing ManagerINR 4.5 lakhMarketing; Communication; Time Management

FAQs

Q1. What do you study in International Commerce?

Ans. This academic domain enables you to learn about communication skills, problem-solving skills, innovative thinking, interpersonal skills, information technology, marketing, and entrepreneurship.

Q2. Is International Commerce a good degree?

Ans. Yes, a degree in International Business can boost your career prospects immensely. You can gain employment in various industries in India and abroad. After learning basic concepts of commerce and management skills, graduates can gain employment as International Marketing Managers, Business Development Managers, International Business Consultants, International Finance Managers, and Global Business Managers. 

Q3. Can I go abroad if I study commerce?

Ans. Yes. You can enrol in numerous commerce courses in foreign universities and gain employment in several countries after studying commerce at the bachelor’s, master’s, and doctoral levels. 

Learn about different study abroad programs with Leverage Edu and Leverage Live. Initiate your learning journey with a 30-minute free counselling session at 1800 572 000.

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