Industry Overview

More than ever, organizations of varying sizes, across multiple sectors seek to employ individuals who can manage within an uncertain global political and economic environment.

As the global economy has become increasingly interconnected through technology, open trade agreements, and improved transportation systems, traditional business models have changed and continue to change. Whether a company does business in other countries or chooses to focus on domestic markets, global forces such as international market competition, demographic shifts, and political events impact the growth of a business, of any size and across sectors. Today, even businesses with no global ambitions of their own must essentially compete with international businesses or risk losing market share.

Employment Overview

In today’s complex business environment, it is clear that many companies require professionals who understand how globalization impacts business. It is not uncommon for managers, regardless of organization or sector, to engage with various stakeholders across countries, currencies, time zones, languages, and cultures. These stakeholders could include customers, employees, or business partners. In this context, employers are typically looking for candidates who:

  • Understand how the global economy, as well as political events, cultures, and social institutions can impact a business and the industry within which it operates.
  • Can effectively communicate, negotiate, contract, lead, organize, and coordinate activities across borders.
  • Practice agile thinking and adapt their management style as necessary.
  • Appreciate the business-related complexities of interacting with people from other cultures.

The Certificate in Foundations of International Business Management gives professionals the foundations of these competencies while also providing a pathway to more advanced skill development.