International Business – Why it’s different and always in demand
With the current blooming development of international trade, the demand for cooperation between countries is increasingly bustling. Therefore, the demand for high-quality human resources in the field of International Business is always urgent. So, what skills and qualities do students need to cultivate in order to develop solidly in the future when studying this field? Find out below in the following article!
1. Overview
International Business is all about activities related to import-export, transactions, and exchanges among countries worldwide. It’s a highly integrated, globalized field – a bridge for cooperation and development between nations. Consequently, this field demands highly skilled and truly outstanding human resources. So, what do students studying international business need to succeed in this field?
International Business – Why it’s different and always in demand
2. What do students need to equip?
In order to expand career opportunities and advancement prospects in this field, students need to possess the following skills:
> Language Proficiency and Communication Skills: Proficiency in language usage and effective communication with individuals from different cultural backgrounds is crucial in international business. Students need to be able to understand and interact with international partners.
> Cultural Understanding and Multiculturalism: International business poses challenges in working with people from diverse cultural backgrounds. Students need to understand and appreciate cultural diversity, as well as know how to manage and resolve cultural conflicts.
> Project Management Skills: Projects in international business often have large scales and require effective technical, financial, and human resource management. Students need to develop project management skills to ensure progress and efficiency.
> Grasping Technological Skills: The rapid development of information technology demands proficiency in grasping technological skills. Students need to know how to use technology for information management, online interaction, and optimizing business processes.
> Analytical and Decision-Making Skills: International business frequently deals with diverse and complex information. Students need to have the ability to analyze information, make strategic decisions, and predict the impact of those decisions on the business environment.
> Adaptability and Flexibility: The international business environment often undergoes rapid changes. Students need to adapt quickly to changes and be flexible in their problem-solving approach.
> In-depth Knowledge of Business and International Markets: Additionally, students also need in-depth knowledge of business and international markets, including business theories, global corporate strategies, and international trade laws.
| For more information, click here.
To succeed in their careers, students studying International Business need to equip themselves with a multitude of skills.
3. Career opportunities
> Export-Import Management: Involves the transportation of goods and international trade, ensuring compliance with international regulations and policies.
> Supply Chain Management: Ensures the efficiency and effectiveness of the supply chain in a global environment.
> International Marketing: Develops marketing strategies for products and services in an international context, facing diverse cultures and markets.
International Project Management: Directs and manages international projects, ensuring they meet cultural and legal requirements.
> International Human Resource Management: Deals with managing and developing human resources in a multinational environment.
> International Business Consulting: Provides strategic and legal advice to businesses operating internationally.
> International Entrepreneurship: Establishes one’s own business or participates in global enterprises.
4. Average salary
For fresh graduates entering internship such as international business associates or assistants, internship salaries typically range from 2,000,000 to 4,000,000 VND per month. Upon transitioning to full-time, salaries usually range from 8,000,000 to 10,000,000 VND per month, or higher depending on individual capabilities.
For individuals with more than 2 years of experience in the field of international business, salaries can often double compared to entry-level salaries. Specifically, salaries may range from 10,000,000 to 15,000,000 VND per month for those with 1-2 years of experience, and from 15,000,000 to 20,000,000 VND per month for those with over 3 years of experience.
For managerial positions, department heads with over 5 years of experience may earn salaries ranging from 25,000,000 to 35,000,000 VND per month. At the level of international business directors, incomes are often unlimited.
5. Where to study?
Currently, there are numerous universities offering programs in International Business. Among them, Hoa Sen University stands out as one of the institutions with strengths in teaching this field. In 2023, Hoa Sen University forged a collaboration with De Montfort University (United Kingdom), bringing De Montfort University’s curriculum to Vietnam.
Sinh viên sẽ được học tập trong môi trường hiện đại, năng động và quốc tế
6. Introduction to the Hoa Sen – De Montfort Program
The Hoa Sen – De Montfort program is part of the International Education Institute of Hoa Sen University, established after the signing ceremony between Hoa Sen University and De Montfort University. Students will study the entire curriculum in English from DMU, along with faculty from universities in the US, UK, Australia, New Zealand, Japan, etc., for 3 years. During this time, students have the option to study entirely at HSU or to transfer to the UK, participate in short courses, and internships at DMU.
| For more articles on Hoa Sen University’s exclusive undergraduate programs with De Montfort University, click here.
7. Undergraduate programs
Currently, the Hoa Sen – De Montfort program offers undergraduate programs in the following majors:
> Business Administration (Business & Marketing)
> Graphic Design
8. Key features of the Hoa Sen – De Montfort Program
8.1 Specialized Training Program
The curriculum is directly transferred from De Montfort University. It follows a Block teaching method – focusing on in-depth learning, covering 4 subjects in a year. Throughout the program, students engage in scenario simulations and practical projects.
8.2 Focus on Personal Development
At Hoa Sen University and specifically in the Hoa Sen – De Montfort program, we emphasize the value of “learning by doing”, ensuring students acquire essential skills for their careers: communication skills, self-development planning, time management skills, presentation skills, etc. Additionally, students are organized to participate in extracurricular activities to gain the most practical experience.
| See more about Student extracurricular activities at Hoa Sen University
8.3 Curriculum entirely conducted in English
The program is taught entirely in English. In the Hoa Sen – De Montfort program, students will enhance their English proficiency.
9. Admission methods
Currently, the Hoa Sen – De Montfort Program is accepting admissions with the following methods:
1. Admission based on the results of the 2024 National High School Graduation Examination.
2. Admission based on high school transcripts.
3. Admission based on the results of the 2024 National Entrance Examination for Universities of Hanoi and Ho Chi Minh City.
| See more in the Admission Announcement for the Hoa Sen – De Montfort Program – 2024
Additionally, the program offers scholarships of up to 100% for students with outstanding academic achievements. Contact us now for more information!
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CONTACT: Hoa Sen – De Montfort Program – Institute of International Education
Quickly submit your application here.
? Address: Room 1007, 10th Floor, 08 Nguyen Van Trang Street, Ben Thanh Ward, District 1, City. Ho Chi Minh
☎️ Phone: 028 7309 1991 (External number: 4792)
? Hotline: 0888 275 276
✉️ Email: demontfort@hoasen.edu.vn
? Website: www.hoasen.edu.vn/demontfort/
