Question

Describe the possible careers in International Business. Select the career of your choice and discuss the reasons that you prefer that Inernational banking career.

Answer 1

An international business job description definitely includes workers who represent the public face of their companies. They act with knowledge, elegance and cultural sensitivity to facilitate deals and transactions that benefit both parties. All the key elements of success in business at home apply to business abroad: strong leadership skills, implementation of ethical behavior, expertise in your industry and adaptability to evolving technologies.

Common job titles in international business include:

• Import/Export agent
• Translator
• Foreign currency investment advisor
• Foreign sales representative
• International management consultant

Typical employers include banks, import/export corporations, multinational manufacturers, consulting firms, international non governmental organizations (NGOs), electronics and technology companies, and transportation industries like shipping and airlines.

With an associate's degree in international business, you'll be ready to work in entry level positions as an international human resources manager, international training manager, international operations manager, accountant, and in taxation and hospitality.

A bachelor's degree is your entrée to the all of those fields plus opportunities in recruitment, sales, brokering customs and executive assisting. Your management opportunities increase exponentially with an MBA, the most popular degree awarded in business. With an MBA and the Master of International Business, you'll be prepared for roles including:

• International marketing director
• Financial controller
• Multinational manager
• Business development director
• International trade and customs manager
• International foreign policy advisor

The carrer path preferred among the above is financial controller (FC) as it is a pivotal and senior role within an accounting function. Typically reporting to a finance director or chief financial officer, the financial controller is responsible for ensuring that the accounting operations of an organisation run smoothly.

They oversee the accounting function of a company, ensuring that accounting records are kept appropriately and that reported results comply with accounting standards and relevant legislation. Some of their key duties include co-ordinating and leading the preparation of the budgets and financial forecasts, preparing monthly financial statements and other periodic financial reports, ensuring that the finance team operates within a robust control environment and being the principle point of contact for external auditors.

As a senior role, financial controllers can contribute to the financial strategy of the business and will be instrumental in the development of internal control policies and procedures within the company. They may have responsibility for financial risk management and will be expected to work with other senior leadership to develop risk minimisation plans. They will also contribute to ensuring that financial systems are fit for purpose, are appropriately maintained and will help identify areas for improvement.