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What is studied in international business? What are the career options?

Posted: Wed Dec 11, 2024 6:33 am
by kolikhatun0022
Students who wish to increase their understanding of global markets should seriously consider studying international business . The world economy is becoming increasingly global, and studying international business will provide insight into the overall economic and business climate. All in all, a study program such as EAE Madrid's Master in International Business can be particularly beneficial for students who hope to one day work abroad.

Definition of International Business Studies
For those wondering what the international business degree is, we are talking about a training program with a specialized focus on those international aspects that are necessary for current business management. Along with the international business subjects specific to the business area, the goal is to develop skills and knowledge that allow successful integration into the international business environment.

Importance of International Business today
Thinking and acting globally is just as strategically important for medium-sized companies operating internationally as it is for multinational corporations. What is needed are specialists and managers who, in addition to extensive business training, have a thorough understanding of global economic relations and intercultural skills.

International business students are prepared for the special features of the world of international business in areas such as international accounting, international finance, international economics and international trade law.

Key Subjects in International Business
International Economy
The course covers a number of key topics spam phone number data that provide a deep understanding of economic principles on a global scale. It begins by exploring the main economic indicators and the concept of long-term economic growth. It examines the model of aggregate demand and aggregate supply, as well as the influence of fiscal policy on the economy. It also delves into the monetary field, covering aspects such as money, banking and central banks, along with the analysis of monetary policy. Particular attention is paid to the balance of payments and the impact of public policies on the trade balance. In addition, international trade is studied in depth and case analyses of different countries are carried out, providing a comprehensive perspective on the long-term economic prospects in the international context.

New technologies in internationalization
The use of big data and smart data in the international economy provides powerful tools for analysis and decision-making. Similarly, the knowledge and adoption of technologies such as artificial intelligence, blockchain and smart contracts offer innovative perspectives in the management of international processes and transactions.

International commercial law
Law features as another of the international business subjects, offering a comprehensive understanding of the fundamental legal principles that govern business transactions on a global level. Beginning with an introduction to law, the subject specifically addresses legislation relating to business and the associated legal responsibilities. It delves deeper into Tort Law, examining the legal implications in situations of harm and liability. And the contract law module focuses on the formation and execution of contracts, providing essential knowledge for drafting and enforcing commercial agreements.

Statistics applied to international economics
Statistics applied to international economics provides students with a solid foundation of statistical knowledge applied specifically to the field of global economics. It addresses the understanding of economic variables and methods of data representation, as well as the numerical description of frequency distributions. The combination of theory and practical application in the economic field positions this subject as a very valuable tool.

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English applied to international business
The aim is to acquire the necessary skills in the analysis of economic discourse and the key characteristics of this type of text. It focuses on the expression of cause and effect relationships using economic language. The subject of English applied to international business also includes the use of specific numerical expressions and the use of metaphors in economic discourse in English. Specialized reading comprehension techniques applied to economic texts are highlighted, which provide participants with the linguistic and analytical tools necessary to successfully navigate international economic contexts.

Public international law and European Union law
A comprehensive study of Public International Law and European Union Law, starting with preliminary observations that offer a review of the past to contextualise the content. It explores in depth fundamental concepts such as Public International Law, identifying the actors involved and highlighting their relevance in different contexts. The programme also focuses on the formation of the European Union, examining key players and providing a retrospective view. Through reflective questions, participants are invited to consider what Public International Law can do for them and how it interacts with European Union law.

Business Economics and Financial Statement Analysis
Studying international business involves learning the fundamentals of business economics and financial analysis, highlighting the importance of liquidity. Business strategy and planning are covered, as well as advanced concepts such as the weighted average cost of capital and economic value creation. Particular attention is paid to risk in international investment analysis, covering risk management, scenarios, simulation and project financing. This subject culminates in a focus on financial markets, covering the stock market, derivatives markets and the foreign exchange market, as well as valuation methods that contribute to understanding the value of the company as a whole.