A masters in global management can help graduates pursue management positions across different organizations, including corporations, NGOs, and non-profits.
A global business management program is designed to teach you how to inform organizations on how they can improve their efficiency by providing them with research, analysis, and guidance.
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Those who pursue a masters in global management are typically recent graduates looking to elevate their career prospects, but this type of program is also beneficial for working professionals. Read on to see if an international business program is right for you.
Online Masters in Global Management Programs
People who pursue a master’s in global management are often trying to further their business, leadership, and management skills to compete on a global platform.
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A global management program is designed to help you gain a robust understanding of business practices, laws, global management strategy, and the standards that are used to compete in a global market. Professionals with a master’s degree in global business management may work in a variety of positions, depending on their background and specialization. Example career paths include:
- Financial analysts
- Marketing specialists
- Operations managers
- Human resources managers
- Global supply managers
These positions are not the only ones available to those with a masters degree in global business management. In terms of the subjects that you may study during an international business program, these are likely to vary depending on both the school and the specific program. Here are some common subjects, though, that you may encounter in your chosen program:
- International economics
- International marketing
- International business law
- International supply chain management
An international business program focuses on the methods used in international leadership, management, and trade. This is why many of the courses you’d find in the curriculum are centered on cultural, economic, and legal differences between regions and countries.
Global Management Careers & Salaries
The careers that you may pursue after obtaining a global business management degree are varied. Your prior education and experience could impact the type of positions you may qualify for.
According to the Bureau of Labor Statistics, here are some positions associated with the field of global management.
|Careers||Annual Median Salaries|
|Advertising, Promotions, and Marketing Managers||$133,380|
|Human Resources Managers||$126,230|
|Training and Development Managers||$120,130|
|Public Relations and Fundraising Managers||$119,860|
|Industrial Production Managers||$103,150|
|Administrative Services Managers||$100,170|
|General and Operations Managers||$97,970|
|Project Management Specialists||$94,500|
While these positions may be available to graduates with a global management degree, it should be noted that positions and salaries are not guaranteed.
For instance, management occupations often require a certain amount of work experience. Also, while these careers may be viable options, they are not the only career options available to those with a background in global management.
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Obtaining a graduate degree in global management can be a strategic way to elevate your job prospects and advance your professional expertise.
Master of Global Management (MGM) Curriculum & Courses
A global management program’s curriculum will vary depending on the school, but here are examples of some courses you may encounter:
- Introduction to Quantitative Methods: This course teaches the basic skills you’ll need to understand, analyze, and solve numerical or quantitative problems within business, finance, and quantitative research.
- Global Management Project: You may perform a business assessment and literature review to craft a lengthy report.
- International Marketing: You can learn how to form an effective marketing plan for a business, product, or service in a global marketplace.
- Ethics, Law, and Corporate Social Responsibility: This course will have you examine the theories, models, and practices that form ethical business practices within a global or intercultural context.
- Global Business Intensive: In this course, you’ll study international economics, marketing, finance, and political and legal context to give you valuable knowledge of the global economy.
- Quantitative Analysis for Business Operations: This course teaches you how to use quantitative analysis methods to make strategic business decisions.
- Financial Accounting: This course teaches you the fundamental principles of accounting and measurement as well as how to communicate financial data.
- Corporate Finance: In this course, you’ll learn about the challenges of financial valuation and the main concerns of financial managers.
- Cross-Cultural Management: This course teaches you how to use methods for assessing cultural assumptions and their influences on organizations.
- Designing and Managing International Organizations: This course teaches you how to assess an organization’s functions and find ways to improve it.
These courses can give you an idea of the courses you may find in a global management program.
Should I Get a Masters in Global Management?
Whether or not a global management degree is right for you depends on your personal goals and desires. Nobody but you can make this choice. That being said, there are some factors that may help you make your decision. For starters, a global masters in management degree may allow you to pursue a variety of careers. Also, having an international business degree online or on campus may increase your earning potential.
Some of the high-paying professions that international business graduates may pursue include marketing managers and general and operations managers. These positions make median salaries of $135,030 and $97,970, respectively (Bureau of Labor Statistics).
A masters program in this field aims to prepare graduates for careers in business on a global scale. Careers that can benefit from professionals with global knowledge include:
- Global operations manager
- Global human resources manager
- Global management strategist
Of course, every program has its pros and cons. A notable positive about global management programs is the aforementioned high salary potential. A negative about this type of program may be the fact that admissions requirements are often more stringent given the level of education.
Admissions requirements can vary by school, but here are some admissions requirements you can generally expect to find for a global master in management degree program:
- Bachelors degree from an accredited school
- Academic transcripts
- Personal statement of purpose
- GMAT or GRE scores (if required)
Your undergraduate degree may be a bachelor’s degree in international business or in a related field. Again, the specific requirements can vary depending on your chosen school and program. That’s why it’s helpful to research different masters in global management programs before making your decision.
While attaining a masters degree in global management is an accomplishment in itself, attaining one from an accredited university could give you an added advantage when entering the job market.
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Regional accreditation is the process by which a university passes a series of evaluations that attest to the quality of its education. Having a masters from a regionally accredited school shows potential employers that you’ve received a high-quality education. Attending an accredited school can also be a qualifying factor for receiving financial aid.
Financial Aid and Scholarships
Many graduate students require some form of financial aid to help them pay for their education. If you require financial aid, you have numerous options you can explore. The primary form of financial aid is federal aid, which includes student loans and work-study programs. You can submit a Free Application for Federal Student Aid (FAFSA) to be considered for need-based aid.
In addition, many students pursue scholarship and grant opportunities to help them cover their costs. Scholarships and grants are often offered on both a state and national level. This gives you extra opportunities to receive aid that doesn’t need to be paid back. Some employers also offer tuition benefits to workers in order to encourage further education.
What Is a Global Management Masters Degree?
A global management masters degree is designed to prepare graduates for leadership positions in organizations that conduct business at a global level.
An international business program teaches students the field of business leadership that focuses on the quality and organization of resources to achieve an organization’s goals globally. This type of program was developed for students who want to improve their ability to manage policies, processes, and people within a global setting.
What Can You Do with a Master’s Degree in Global Management?
An education in global business management is meant to prepare people for careers in global business settings. Graduates with a master’s degree in global management tend to pursue leadership positions in organizations like corporations, NGOs, or non-profits.
There are many careers that these graduates pursue, depending on their interests and specialization. Some popular career paths include management analysts, financial managers, operations managers, and marketing managers. Other professionals might work as consultants, supply chain managers, or HR managers. Those with extensive experience may become top executives of a business or organization.
Others, however, continue their educations and earn an on campus or online PhD in Global Leadership and work in research fields or college teaching positions.
How Long Does It Take to Get a Master in Global Management Online?
As with many programs, the time it takes to complete a global masters in management program can vary depending on a few factors. In general, a global masters in management program lasts between 1 year to 2 years with full-time study.
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Online degree programs, such as online masters or online doctorate in management programs, are often more flexible, and they might offer accelerated tracks that allow you to complete your program in a shorter span of time. On the other hand, an online program can also allow the flexibility of taking longer to complete your program. Part-time enrollment and a thesis requirement could both extend your time to completion.
What’s the Difference Between an MBA vs. Masters in Global Management Program?
A masters in global management is often confused for a Master of Business Administration (MBA) in Global Management, so comparing them may provide clarity on the subject.
|MBA in Global Management||Master’s in Global Management|
While these programs bear similarities, an MBA will focus more on general business.
Is a Global Management Master’s Degree Worth It?
Yes, a global management master’s degree is worth it for many students. A masters program in global management can teach you skills that translate to numerous fields within business as well as give you a competitive advantage in the job market.
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The careers associated with the field of global management are both in-demand and rising at a steady rate. According to the Bureau of Labor Statistics, employment for management occupations is expected to rise 8% over the next ten years, which is faster than average.
Universities Offering Online Masters in Global Management Degree Program
Methodology: The following school list is in alphabetical order. To be included, a college or university must be regionally accredited and offer degree programs online or in a hybrid format.
American University offers an online program for a Master of Science in International Relations and Business. In addition to participating in weekly remote class sessions, students must also participate in an in-person immersion experience and complete a capstone project. The program requires the completion of 36 course credits and usually takes 18 months to complete.
American University is accredited by the Middle States Commission on Higher Education.
Boston University offers a Master of Science in Global Marketing Management that can be earned online and on campus. Students must complete 40 credits of coursework to graduate, which can usually be done in 18 to 24 months. The curriculum consists of courses such as Financial Concepts, Project Management, and The Innovation Process: Developing New Products and Services.
Boston University is accredited by the New England Commission of Higher Education.
Colorado Technical University offers a Master of Business Administration with a concentration in Global Leadership. The program is highly customizable and can potentially be completed in just 1 year. Students must complete 48 credits of courses such as Applied Managerial Accounting, Global Leadership Development, and Strategic Management in Dynamic Environments.
Colorado Technical University is accredited by the Higher Learning Commission.
National University offers a Master of Global Management program that consists of 4 week courses that can be enrolled in year-round. The courses are conveniently available both online and on campus, and students may take just one at a time. The curriculum emphasizes analytical problem-solving and is designed to prepare students for careers in international business.
National University is accredited by the WASC Senior College and University Commission.
St. John’s University offers a Master of Science in Global Management and Entrepreneurship. The degree is available online and on campus in Queens and Manhattan. The program offers four tracks: Management and Organization, Human Resource Management, Consulting and Project Management, and Supply Chain Management.
St. John’s University is accredited by the Middle States Commission on Higher Education.
Strayer University offers an online program for a Master of Business Administration in Global Management program.
It consists of courses, such as Business Communications: Using Social Media to Boost Your Personal Brand, Leadership and Organizational Behavior, and Global Marketing Management. To graduate, students must complete 12 courses, and each one is 11 weeks long. The program provides small class sizes and a high level of scheduling flexibility.
Strayer University is accredited by the Middle States Commission on Higher Education.
Touro University Worldwide offers a 100% online program for an MBA with a concentration in Global Management. Classes are offered in 8 week sessions, and there are six start dates every year. The program requires the completion of 36 semester credits, including a capstone, and students can potentially graduate in just 1 year.
Touro University is accredited by the Middle States Commission on Higher Education.
Troy University offers a Master of Business Administration with a concentration in International Management. The degree can be earned on campus or online. The curriculum consists of courses such as Global Strategic Marketing, Seminar in International Management, and Data Analysis for Global Managers.
Troy University is accredited by the Southern Association of Colleges and Schools Commission on Colleges.
The University of Alabama offers an online program for a Master of Arts in Management with a concentration in Global Business. The program does not require a thesis. To graduate, students must complete 30 credit hours. The curriculum consists of courses such as Leadership and Ethics, Concepts of Financial Management Accounting, and Strategic Human Resources Management.
The University of Alabama is accredited by the Southern Association of Colleges and Schools Commission on Colleges.
The University of Florida offers a Master of International Business that is mostly online. Students are required to participate in a 1 week international trip as an immersion experience. The program can potentially be finished in just 1 year, and relevant work experience is not needed to apply.
The University of Florida is accredited by the Southern Association of Colleges and Schools Commission on Colleges.
The Master of Science in International Business from the University of Delaware is available online, on campus, or in a hybrid format. The program offers students research and study abroad opportunities. To graduate, students must complete 30 credits of courses such as Globalization and Business, Leading Across Boundaries, and International Marketing Management.
The University of Delaware is accredited by the Middle States Commission on Higher Education.
The University of Louisiana—Lafayette offers an MBA with a concentration in Global Management. All courses are available online and use no-cost educational resources. Each course is 8 weeks long, and full-time students can typically finish in 15 months. The program does not require a thesis.
The University of Louisiana at Lafayette is accredited by the Southern Association of Colleges and Schools Commission on Colleges.
The University of Texas—Dallas offers a Master of Science in International Management Studies. Students in the program are given opportunities to participate in internships and go on global experience field trips. The program culminates with a capstone project in which students must solve real-world business problems. No prior academic background in business or management is needed to apply.
The University of Texas at Dallas is accredited by the Southern Association of Colleges and Schools Commission on Colleges.
The University of Texas Rio Grande Valley offers a Master of Science in Global Commerce. The degree can be completed entirely online and usually takes 10 months to finish. Each course is 7 weeks long. The curriculum consists of courses such as International Commerce Law, International Business, and Global Procurement. The program also provides the opportunity to earn a Certificate of International Sustainability Management.
The University of Texas Rio Grande Valley is accredited by the Southern Association of Colleges and Schools Commission on Colleges.
The University of Wisconsin—Parkside offers an online program for a Master of Business Administration with a concentration in Global Management. The program requires 30 credit hours of coursework and can typically be completed in about 1 year. Courses are taught in 7 week blocks by expert faculty.
UW-Parkside is accredited by the Higher Learning Commission.
Getting Your Masters in Global Management Online
Earning a masters degree in global business management is beneficial for students who are interested in international business or for professionals looking to elevate or pivot their careers.
A global business management program can help you learn the necessary skills to compete in a global market. Your education would be focused on how business strategies adapt to differences in culture. This expertise, in turn, could be applicable to a range of positions and organizations.
If a global masters in business management interests you, then you can begin researching accredited universities so you can take your education and career to the next level.