The role of a COO varies among companies and industries. These professionals earn a median salary of $143,000. Most COOs take command of their businesses’ daily operations, ranking just below CEOs. They typically bring excellent leadership, communications, strategy, and intrapersonal skills. The job outlook generally stays strong for these important officers because most larger corporations need them.
Top Online MBA Programs in Global Management
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Some of the most exciting business opportunities are in growing markets overseas. Companies across the country are seeking young executives with global management skills to take advantage of these developments and run their international business campaigns. Federal experts expect steady job growth for administrative service managers and sales managers, who tend to earn high wages, as well.
An online MBA in global management equips learners with valuable skills for employment in the field. Read on to discover how to enter this booming industry, learn about the top online MBA programs, get ideas on how to pay for school, and understand how to grow a career after graduation.
What Is an MBA in Global Management?
MBAs in global management combine a well-rounded education in business and leadership with an understanding of world markets. Students develop executive skills like critical thinking, problem-solving, and data analysis. They also learn relevant personnel management and communication skills for modern business environments.
Degrees in global management can open up a world of opportunity as graduates apply their knowledge in a variety of fields. Some might work as executives overseas, while others find sales employment stateside. Still others might live a life of travel while directing administrative services. The skills gained in the best online MBA programs prove highly marketable in an array of careers.
The U.S. Bureau of Labor Statistics expects management occupations to grow faster than the average profession over the next decade, making now an ideal time to earn an online MBA.
Online MBA Programs for You
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Why Should You Get an Online MBA in Global Management?
Students can choose from a wealth of online MBA degrees in global management. Due to the nature of typical business programs, online formats offer an excellent medium for MBA learning. Business takes place primarily online today, making the internet a convenient place to learn about best practices in the field.
Online global management degrees cover the basics of business, including accounting, economics, and marketing. They also develop leadership skills and explore the world of business beyond U.S. borders. Some of the top online MBA programs host residencies and internships that provide valuable experience in the field, some of which require travel. Many colleges and universities design their programs to allow students to continue working while earning their degrees.
Online MBA programs often prioritize teamwork and camaraderie by using the cohort model, which builds friendships and networking opportunities. Web-based program graduates tend to earn back their educational investment quickly. Salaries range from $75,000-$150,000.
What Can You Do With an MBA in Global Management?
Chief Operating Officer
Companies hire management consultants to assess their business and suggest areas of improvement. Management consultants look at all aspects of corporate operations, including personnel, assets, productivity, and branding. They help executives hone and refine their companies’ profiles, fix problems, and strategize the best ways forward. Median compensation for these consultants is approximately $87,000.
Skills required for management consulting include business analysis, strategic vision, problem-solving, communication, and critical thinking. The job market remains strong as companies try to strengthen their positions in competitive markets.
International Sales Manager
International sales managers promote business overseas. They create demand and find buyers for their companies’ products, negotiate contracts, and facilitate the delivery of goods to international markets. Most take home about $78,000 annually. Required skills for these positions include excellent communication (often in foreign languages) and sales, business development, and market analysis abilities. Thanks to growing global markets, international sales managers typically find ready audiences for their services.
Administrative Services Manager
Companies employ administrative services managers to run their operations’ support services. These might include human resource duties, fulfillment-type roles, or managing a particular department. Administrative services managers might take responsibility for hiring and firing, shipping and receiving, printing and manufacturing, facilities maintenance, and even training.
Job skills vary by industry, but they usually entail business acumen, logistical aptitude, and communication and problem-solving abilities. Median income sits at about $96,000, with an above-average projected job growth for the profession.
Sales managers run their companies’ marketing and sales staff. These professionals promote goods to buyers, close sales, prepare budgets, analyze sales, and strategize new markets and sales opportunities. Many hold executive positions at corporations. Sales managers earn a median annual salary of $124,000. They usually bring exceptional “people” skills and excel at strategy, customer service, communication, and leadership. Experts predict average job growth in the field.
Online MBA in Global Management Curriculum
MBA programs in global management vary by school. Most incorporate business administration and international leadership tracks. Curricula might lean one way or the other, so check with schools of interest to see what they offer. Core classes might include those below.
How businesses position themselves for success in the modern world market is the focus of this three-credit course. Students learn to enter foreign markets, deal with governments, and build strong opportunities overseas.
Economics for Managers
This course looks at the microeconomic tools available to administrators. Participants study pricing, demand and costs, market regulations, and international opportunities. They also learn data analysis as it applies to economics.
Students explore top-level executive skills in this course. They develop skills in critical thinking, strategy, communication, problem-solving, and personnel administration. They also look into mentor relationships and learn the best practices for modern management.
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How to Choose the Right Online MBA in Global Management Program
Every online MBA in global management takes its own approach, and finding the right online MBA requires time and care. Many factors weigh into the process, including how much a program costs, full- or part-time attendance, accreditation, faculty, specializations, and career services.
Program cost is among the most important factors for applicants to consider. Online degrees often offer advantages regarding price, and many allow students to work while earning their degrees. Prospective students should consider how many classes they can fit into their schedule, which determines whether they can attend full time or part time. They must also note whether schools require internships, travel, or residencies, all of which affect learners’ work schedules.
Master’s in international business programs differ from master’s of business in global management. The latter likely takes a more leadership-oriented approach. Moreover, master’s degrees in public administration often focus on the public sector. Consider specialization offerings by each MBA, as these can vary widely among global management programs. Some might focus on executive skills, while others veer toward international relations.
Spend some time narrowing down your interests, and you can surely find just the right program for you.
Scholarships for Global Management MBA Programs
Aspiring business students enjoy an array of scholarship options. Learners can begin their search by looking at grant options for their fields of study. They should apply for as many scholarships as possible, as well, even if their grades do not qualify. Many corporations, foundations, and charitable groups sponsor scholarships that consider factors other than academics, such as community involvement.
Business Leaders of Tomorrow Scholarship
Who Can Apply: The Mortgage Reports sponsors these funds to help aspiring professionals finance their education in accredited business programs. Recipients must be 17 or older and hold a minimum 3.0 GPA.
Jane M. Klausman Women in Business Scholarship
Who Can Apply: Zonta offers 38 Jane M. Klausman scholarships to promising young female business students. Candidates must hail from one of the Zonta districts across the country and attend accredited universities. Eligibility runs from the second undergraduate year through a master’s.
The Association of Women in International Trade (WIIT) Scholarship
Who Can Apply: WIIT established these biannual scholarships to create more opportunities for young women in the global business world. Applicants must identify as female and attend an accredited U.S. university.
Who Can Apply: Business students at accredited universities may qualify. Applicants must have a minimum 3.0 GPA and submit an essay and video explaining why they entered the business field.
AfterCollege Business Scholarship
Who Can Apply: Students pursuing degrees in a variety of business-related fields can apply for this scholarship. Sponsored by AfterCollege, the funds go to AfterCollege members with a minimum 3.0 GPA.
Professional Organizations for Global Management
Professional associations bring together like-minded individuals and offer priceless networking, professional development, and career-advancement opportunities. A good idea for anyone in a new profession, membership makes more sense than ever for budding business executives, who need to make connections to build their careers.
The association works to share knowledge about HR best practices on a global scale. It strives for business excellence through technology, innovation, and analytics. Members can network, attend conferences and webinars, participate in forums, and access the organization’s publications.
The IAACCM promotes globally networked markets, bringing together business, legal, and communication professionals. It sponsors events, offers training opportunities, provides a research forum, and does advocacy work.
The IAMB takes an academic approach to the world of business, uniting scholars, researchers, and businesspeople. The organization hosts an annual conference and regional events, publishes a journal, and serves as a clearinghouse of research on global affairs.
From its home in Manchester, England, the IMS promotes management excellence worldwide. The organization boasts members in almost 40 nations and offers professional certification to those who qualify.
Based in Virginia, this membership organization serves professionals from around the globe. It sponsors a conference, publishes papers, and disseminates the latest research in global management.
Top Online MBA Programs in Global Management
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