A Guide To Studying Business Abroad
With the way the world has evolved over the last century, it is impossible to study Business and ignore the blooming global connectedness that has become a fundamental component of corporate structures all over the world. Studying business abroad is the first step towards gaining an appreciation of how the field of business is developing on a global scale. Business students who choose to study abroad will have the experiential adventure of a lifetime, by living abroad and embracing another culture, and expand their business knowledge immensely.
Business is a truly universal discipline. By studying business abroad you will come to appreciate the intricacies of how other cultures facilitate everyday bartering, transactions, and negotiations that keep societies afloat. Whether you are interested in a career in domestic or international business, studying business abroad will be a great advantage for you in the future, since you will be able to explore and come to understand how business models work at both fundamental and complex levels. Plus, studying abroad will be an incredible adventure that won’t look too bad on a resume when you start applying for jobs.
You can truly study business anywhere in the world and from each place you would take away a little something different. Starting at the top, some of the best business schools in the world are located in Europe and East Asia. Countries, such as England, Japan, Germany, Singapore, Switzerland, and South Korea, that are rich in well-established corporations, boast reputable academic institutions, and thriving cultures of efficiency and innovation are great nations to study business abroad. Studying business within the context of an advanced industrial economy, like that of the latter countries, can leverage your international education greatly by providing invaluable culturally immersive experiences on top of your study abroad coursework.
Still as they say, there is book smarts and there is street smarts. Studying business in a developing country, where most of your business transactions occur in the form of bartering and every price is negotiable, will give you incredible practical experience that not all business students get exposure to. In certain regions of South America, North Africa, and India especially, you can test your business mettle through everyday bargaining shopping at local markets or shops. Studying abroad in one of these regions will also afford you with the rare chance to embrace a culture on the other side of globalization, and enlighten you on the real value of fair business practices.
Many study abroad program providers even offer programs that take students to multiple countries during the course of a semester, which are definitely unique programs for students to seriously consider.
Wherever you decide to study business abroad you will undoubtedly return with an improved knowledge of macroeconomics and how businesses around the world are becoming increasingly interconnected. Whether your ambitions lay on Wall Street or Main Street, studying abroad will expand your world perspective in a way that will decisively shape your knowledge and understanding of business and business culture.
The specific courses offered through business study abroad program vary greatly depending on your host school and your selected region of the world. Most schools tend to offer classes in the fields of Marketing, Economics, Finance, Entrepreneurship, Business Administration, and Accounting, just to name a few. Additionally, related courses, such as Cross-Cultural Communications or other Culture-focused courses, will be invaluable bonuses to studying abroad. Browse course catalogues for many international schools you are interested in attending and consult different study abroad programs early on to inquire what business classes are offered in which countries. Also inquire with your home university what academic credits will be transferrable from international programs you are thinking participating in.
It might also be beneficial to supplement your academic experience abroad with an business internship or service learning opportunity, thereby gaining professional experience in an international setting along with academic coursework. An internship abroad will not only be a gold star on your resume, it will also give you valuable practical experience and first hand insight into the business culture of another country. Literally learning while on the job will certainly benefit your career prospects and professional development.
Some other things to keep in mind when considering different schools or programs – the language barrier can be an obstacle to entering many prestigious schools around the world, where classes are instructed in the country’s native tongue. If you are not bilingual then make sure to inquire if classes are offered in English as well, or join a program to expand your language skills, which are yet another valuable skill you can gain while abroad.
Also check out the term structure to make sure that the study abroad program you choose has dates that align appropriately with the schedule of your home university.
In today’s rapidly globalizing world, business has become a discipline which at its core demands increasing cross-cultural interaction and understanding. Studying business abroad will not only enhance your international career prospects and broaden your knowledge of the subject, it will be a life changing experience which allows you to dive headfirst into a foreign culture. You will be challenged, learn more than you ever knew possible, and make lifelong friends and connections from around the world in the process.
Study business abroad and return home ready to take on the world of business.
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