Studying International Business Management

What do Apple, Barclays, Infosys and McDonald’s have in common? They are all businesses that operate internationally with clients and employees spread across the world. Operating across the borders isn’t a strategy exclusive to just the large players. Even small business are waking up to the potential benefits of trading across several different countries. Political developments like creation and implementation of trade deals and free trade zones are fuelling businesses to look overseas to sell, source resources and services and meagre or cooperate with foreign businesses.

By studying international business management, you will be prepared for a career with multinational companies, government and organisations with a global focus. You will learn the fundamentals of business and be able to specialise in marketing, management or accounting, depending on the university’s offering.

Australian universities deliver well-organised, industry-relevant programmes that are valued by employers. In fact, most of the programmes are embedded with a work experience option which involves either undertaking a work placement or completing a suitable project at an external organisation or company.

Most of Australia’s 37 universities offer programmes in international business management.

Some of the universities where you could study are:

• Macquarie University
• Griffith University
• La Trobe University
• University of Melbourne

Salary and Career outcomes

International business management professionals are needed by virtually every company in every sector, including IT and tech (Microsoft, Apple), retail and hospitality (Marriott, Woolworth), banks (ANZ) and pharmaceutical companies (Johnson & Johnson).

Some of the roles graduates take up are: International Business Development Officer, International Trader, International Sales Manager, Management Analyst/Consultant and Finance Controller.

Salaries vary depending on qualifications, job role, location and experience. As a guide, international business management professionals earn around an average of $110,000 a year (75.5 lakhs INR).

Why study in Australia?

Australia has cemented its place as one of the best study destinations for international students. There are 37 universities in Australia; with 7 featuring in top 100 and 15 in top 250 in QS World Rankings 2019. Tourism, financial services, education, mining and agriculture are the largest sectors in Australia. Prominent IT and technology companies like Google, Microsoft, Apple, in addition to home-grown brands like Atlassian, Gridware, Aconex operate in Australia. Cities of Melbourne and Sydney have a thriving start-up and innovation landscape.

Australians enjoy year-round good weather, high salaries, access to spectacular beaches and a healthy work-life balance. The country is vast and beautiful and has something to offer for everybody, be that opera, music concerts, films, outdoor activities or beaches and surfing.

International graduates are typically offered post-study work visas of up to 3 years upon graduation.