Rochester Institute of Technology

Academic Program Overviews

Student Skills & Capabilities, Salary Data, Career Information 

International Business BS

Program Overview

BUSINESS & TECHNOLOGY UN LOCKED DAY ONE – Business Ready
The international business program highlights disciplines that are recognized nationally in programs such as Entrepreneurship, Corporate Strategy and International Business: ranked #21, #32 and #52 respectively by Bloomberg Businessweek. In addition to Leadership, Design Thinking, and Entrepreneurship courses, students are required to explore a co-major in other disciplines that allow them to differentiate their skill set and ensure they excel in the many career options that await them upon graduation. Students can leverage four RIT Global Campuses and a study abroad office with programs on every continent and even at sea. A USA-Croatia Global Exchange program is designed specifically for sophomores in their spring semester, allowing RIT Rochester and RIT Croatia students to study as a cohort on both campuses.
 
Upon graduation, international business students are prepared to step into positions in several aspects of international commerce, including international product managers, export/import managers, international financial analysts, sales representatives or regional analysts and in addition are qualified in their co-major area.

Degrees Awarded

  • Bachelor of Science, major and minor

Enrollment

  • Approximately 60 undergraduate and graduate students currently enrolled.

Cooperative Education & Experiential Education Component

  • Students are required to complete 1 semester or 2 summers of Cooperative Education, one summer of which could be satisfied through foreign work experience or study abroad.

Salary Information

Co-op:        $12.16                                  $9.00 - $20.00
BS:              $38,000                                $38,000 - $50,000

Student Skills & Capabilities

  • Proficiency in foreign language, including:  Arabic, Chinese, French, German, Italian, Japanese, Portuguese, Russian, and Spanish.,
  • Strong functional skills in a business co-major as well as knowledge of issues surrounding international operations:

o    Accounting – knowledge of the accounting lifecycle and accepted principles, and including corporations with subsidiaries.
o    Finance – in depth knowledge of capital management, financial investment problems and forecasting methods.
o    Marketing – understanding of consumer and business buying behaviors and market research methods.
o    Management – understanding project management, process management and public policy issues.
o    Management Information Systems – systems development lifecycle VB & object oriented programming, and the use of information technology for competitive advantage.

  • Experience with studying and living abroad. Opportunity to study abroad through various study abroad programs.

Accreditation

Association to Advance Collegiate Schools of Business International (AACSB), representing the top 5% of all business schools worldwide. Middle States Association of Colleges and Schools.

Rankings
Saunders College of Business undergraduate and graduate programs are among ‘The Best 294 Business Schools’ according to The Princeton Review. US News & World Report 2017 Best Business School Rankings places Saunders #91 nationally, and #77 among the Best Undergraduate Business Programs. Poets & Quants ranked Saunders College of Business among the nation's Top 100 U.S. MBA Programs. Bloomberg Businessweek highlights include ‘Best Undergraduate Business Schools by Specialty 2013’ including: #14 Management Information Systems, #21 Entrepreneurship, #26 Marketing, #32 Corporate Strategy, #52 International Business. The Princeton Review also ranks Saunders #7 among ‘Top 25 Online MBA Programs’.

Equipment & Facilities

Saunders Business Analytics Lab features the latest technology and equipment, including Bloomberg Terminals and the most advanced analytics software. The REDOM Active Learning Lab provides the business environment that maximizes the utilization of technology for digital interaction and team networking. Computer labs currently have 60 PC’s hooked up to a network server, including wireless connectivity.

Nature of Work

Careers in international business are expanding rapidly as an increasing number of companies conduct global business. International business is influenced by numerous sociocultural, political and legal factors; overall employment is expected to rise as organizations like the European Union expand and recruit new partners. Your specific field may be in accounting, finance, marketing, management, purchasing or production, but whatever your specific focus, you will engage with global and cultural business issues. (Source: International Business Degree Career Guide – www.allbusinessschools.com)

Training / Qualifications

A four year degree in a field that relates to business (accounting, statistics, marketing, or economics) is usually essential to gaining a position in international business. Aside from a four-year degree, the following things will help you advance in international business management more quickly:
  • Fluency in a foreign language.
  • Experience living abroad.
  • Extensive travel experience.
  • Experience or internships within international business.
  • An MBA degree.
Those interested in international business may want to consider spending a semester abroad during their undergraduate career, as companies look favorably upon this experience when they are looking for people to send abroad.  (Source: guidetoonlineschools.com)

Job Outlook

In today’s global economy, many businesses are looking to expand into international markets. Therefore, careers in international business are expected to grow at a faster than normal rate, and this trend is expected to continue. Nevertheless, thanks to the interconnectedness of global financial markets, growth in international business is tied to the health of the US economy.
 
Starting salaries in this field vary depending on the market and the industry at hand. Experienced top-level executives in international business earn well into the six-figure range. According to the Bureau of Labor Statistics, most administrators also have Masters Degrees, and their earnings average about $73,520 annually.(Source: guidetoonlineschools.com)

Job Titles

Job titles will be dependent on the co-major that students choose. Developing a skill in an area of business will help students narrow their focus of business and help them achieve their goals. Once a co-major is chosen, a student can then begin to explore options of international companies, international, domestic companies in international roles or a consulting firm.

Significant Points

  • Entry-level positions are generally in the U.S., with mid-level positions involving some international travel. Corporations hire employees with the most experience or skills set for overseas work.
  • Students must always demonstrate intercultural competency, sensitivity, and tolerance.
  • Living or working abroad during school is an advantage when going to look for jobs.
  • Students must choose a co-major, this helps develop a skill that will help you succeed in the workplace.

Selected Employer Hiring Partners

5 Linx Enterprises, A Door to Italy, CGI Communications Inc., Dell, Dixon Schwabl Advertising, ESPN, Global Crossing, Harris Corporation, Ivedix, Lockheed Martin, Merrill Lynch, Northwestern Mutual Financial Network, Paychex, Toyota, Vanguard, Wegmans, Walt Disney Parks & Resorts.

Contact Us

We appreciate your interest in your career and we will make every effort to help you succeed. Feel free to contact Taylor Lincoln, the career services coordinator who works with the International Business program. You can access information about services through our web site at www.rit.edu/careerservices.

Taylor Lincoln, Career Services Coordinator, This email address is being protected from spambots. You need JavaScript enabled to view it., 585.5460
Rochester Institute of Technology . Office of Career Services and Cooperative Education
Bausch & Lomb Center
57 Lomb Memorial Drive . Rochester NY  14623-5603
585.475.2301