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The M.B.A. Degree in Global BusinessAn MBA degree in Global Business with a major in International Trade prepares students to work in the field of global trade. Professionals who work in importing and exporting or in other related fields can develop strong skills and abilities to do global business, including international marketing and sales. By pursuing such an education, students can understand how to establish businesses that involves global trades, such as importing or exporting products in foreign countries. Below are the MBA programs that provide best education in Global Business. Thunderbird Graduate School
One year at Thunderbird is the exception rather than the norm, since the program requires forty-two course hours. However, students qualified to place out of some foundation courses can finish their MIMs (Masters in International Management; Thunderbird does not offer a traditional MBA) in twelve months by attending the summer session. The Thunderbird curriculum consists of three components: international studies, which is actually a series of foundation courses covering the international economy and the characteristics of regional markets overseas; modern languages, which requires proficiency in a foreign language; and world business, which makes up the bulk of MIM's coursework at Thunderbird and covers a wide range of business studies. Students write that the curriculum's "strength lies in tailored classes on global business, recommended by the Board of Trustees and the Thunderbird Global Council - real-world execs with Fortune 500 companies." Among the few complaints about the curriculum is that it "should put greater emphasis on quantitative skills." Thunderbird offers students many opportunities for study overseas, with centers in Tokyo and Geneva. The school also sponsors summer programs in Mexico, the People's Republic of China, the Czech Republic, and Russia. Cooperative education programs take Thunderbird students to b-schools on four continents. Students tell us, "Some teachers here are outstanding, truly leaders in their fields, and some aren't. If you get into the best teachers' classes, you're going to learn a lot." Another student notes that "profs' doors are always open." The administration, "like many, is bureaucratic. Some organizational skills are lacking." On the positive side, "the administration is constantly changing the curriculum to remain competitive." Contact Information Thunderbird School of Global Management Email: admissions@t-bird.edu Tuition and Fees Tuition for the MBA in Global Management program (traditional and accelerated) for students entering and continuing in Fall 2007 is $1,221 per credit hour. Besides tuition, additional costs include books, health insurance, board, lodging and other costs. University of South Carolina
International business is the focal point of University of South Carolina's Darla Moore School of Business. The school offers two innovative international business degrees, the Master of International Business Studies (MIBS) and the accelerated International Master of Business Administration (IMBA). USC also offers a traditional MBA, but nearly all the students we spoke with concede that international business is USC's star attraction. "Everyone is dedicated to making the school the best international business school in the country,' explain one student. Of the three degree programs at Darla Moore, the MIBS is most popular, enrolling more than 300 students. Intensive language training, a fully integrated core international business curriculum, and a six-month overseas internship are the centerpieces of the MIBS program. The curriculum is presented in segments of varying length, allowing professors to focus on a subject for exactly as long as it takes to learn it and then move on. One student tells us that "The modular approach (up to nine courses a semester during first year) is not for everybody, but the stress is worth the reward: a nine-month overseas internship/education." Moore's IMBA runs for fifteen months, the first seven of which are spent at the Vienna University of Economics and Business Administration in Austria, and the last eight on the USC campus; courses on both campuses are taught entirely in English. The IMBA program begins in Vienna with a summer course in business foundations, then proceeds to classes in global management and cross-cultural communications. The USC segment of the IMBA program consists of 12 hours of elective courses, a course in international strategy and policy, and a final field-consulting project. Explains one student, "The IMBA program is fifteen months long, requiring time from both students and faculty. Faculty are easy to reach, willing to help even when they are on a different continent than the one you're on!" A Moore MBA requires 60 hours of course credit. First-year students take a combination of core courses, which cover business fundamentals, and electives. During the summer following first year, students may work at an approved internship. Second-year studies are given over to electives and major studies, and MBA students can study abroad for one semester at one of thirteen schools. USC professors receive high marks from students. Write one, "Lots of talent among the professors. I wish I could take more electives. There were too many great classes I just couldn't fit into my schedule!" A somewhat less sanguine, student adds, "Overall, 70 percent of professors are good at their fields and do great jobs teaching. Twenty percent are OK. Ten percent are not very qualified." Students complain that "required courses have the weakest, most inexperienced professors." Generally, students complained of disorganization in the administration of the school. Contact Information The Graduate School Tuition and Fees SC Resident: $17,500/ year INSEAD
INSEAD telescopes two years of MBA instruction into a single year, cramming fifteen core courses and seven electives into five eight-week periods. Students have the option of entering in January or September; the programs accompanying the two entry dates are identical, save for the fact that January entrants have the option of pursuing a seven-week summer internship in conjunction with their INSEAD degrees. INSEAD's curriculum starts with two periods of foundation skills, such as accounting, finance, and economics (a one-week refresher math course and a three-week intensive French language course are available to all entering students). The third and fourth periods cover the "big picture...showing how each of the seemingly independent functional areas are really highly interdependent." Students may take two of their seven elective courses during each of the third and fourth periods. The INSEAD curriculum concludes with three electives, taken during the fifth period. Electives may be chosen from a menu of more than sixty courses; students may also undertake a faculty-approved independent study in lieu of one elective. INSEAD supplements its curriculum with Topic Days, covering such areas as ethics, business in Asia, and the Internet, and "a small number of specialized half-credit mini electives." Entrepreneurial studies are supported by the recently founded 4i Venturelab. INSEAD will admit students to its second campus, in Singapore, starting with the January 2000 academic session. Initially the Singapore campus will be smaller, housing only forty-five students, but in all other ways it should be quite similar to the school in Fontainebleau. Contact Information Europe Campus Asia Campus Tuition and Fees The tuition fees cost €45000 and average living expenses are €22500 (excluding campus exchange costs and deposits). London Business School
The London Business School divides its core curriculum into four categories; Making Decisions and Managing People and Processes, which are stresses during the early stages of the first year; and Strategic Thinking and Theory to Practice, which take place during the second semester of first year and the summer. The core emphasizes group work, placing students in teams of from six to eight for the entire first-year experience. The school reports that "up to 50 percent of first-year assignments can be based on group projects, so it's important to work at making the group gel." Students who are not bilingual must plan to include language studies in their curriculum; the London Business School requires graduates to demonstrate proficiency in a second language. First-year studies also include a week-long "observational exercise" during which students "shadow a senior manager to develop powers of reflection and absorb a great deal of experience in an industry and what it's like to be a manager in that industry." Second-year students choose twelve electives from among more than seventy-five, and must also complete the Second Year Project, a paid "real-time project for a client organization" culminating in a Management Report. Concentrations are available in finance, international management, strategy, and entrepreneurship. Students may choose to develop an area of expertise but are not required to do so; they may instead opt for a degree in general management. One-third of second-year students decide to spend one term at one of the London Business School's thirty-two exchange school partners, located on all five continents. In addition to the traditional full-time MBA, the London Business School also offers an Executive MBA Program (part-time study for full-time workers); an experience; a Master's in Finance; and a PhD Program, in which seventy-five students are currently enrolled. Contact Information London Business School Tuition and Fees Tuition fees for the class commencing August 2008 (MBA 2010) are £44,490 (This covers the full 15-21 months of tuition). Fees include tuition, course materials, configuration of personal laptop computers (which meet the School's specification), and a contribution to the London Business School Students' Association. The fee does not include living expenses which vary according to your circumstances and lifestyle (See table below).
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Like
a great steak house that serves only one dish but does so exceedingly well,
Thunderbird-officially, Thunderbird, The American Graduate School of
International Management - focuses on doing one thing right: international
business. Students at Thunderbird can study all the traditional b-school
disciplines of management, finance, marketing, consulting, and information
systems, but they do so in the context of the international market. Students who
choose Thunderbird know what they're coming for. Writes one, "It is exactly the
type of curriculum I was looking for, and you can finish the program in one
year!"
The
fast-track one-year MBA at INSEAD is not for everyone; even the school's
promotional literature describes the program as "grueling." But for those
looking for a quick turnaround on time invested and a degree from a prestigious
international MBA programs, INSEAD may just fit the bill.
Students
committed to a career in international business would do well to consider the
MBA Program at the London Business School, which offers not only an
international curricular focus but also a world-class faculty and an impressive
alumni network to the lucky few admitted here. The school also capitalizes on
its location in Europe's primary finance center to sustain strong concentrations
in finance and entrepreneurship. |
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