International
Business Careers A broad topic such as this cannot be easily and
quickly covered in a website, so you will find lots of links below to get the
information you need. - Most international positions are located
in urban areas in the United States.
- Generally, your best chance
for international business employment is with an American multinational company.
- The
fast track in most companies is through sales, market research, advertising, or
product management.
- You may or may not be able to obtain positions abroad
with American or foreign companies due to employment restrictions.
- Expatriates
(American citizens working abroad) are typically employed when they possess certain
skills or experience that is not sufficiently available in the foreign subsidiary.
- Expatriates are often bilingual, bi-cultural, and familiar with business
practices and their firm's operation in the US and the foreign country.
- Ironically,
the Peace Corps is one of the best international employers, and they have business-related
opportunities.
- Financial institutions, consulting firms, and manufactures
offer strong opportunities for international employment.
- Be sure to consider
the consumer products, commodities, import/export businesses, insurance, high
tech, and pharmaceutical fields as well.
- Don't assume you have
to start at the top in an international company. Be flexible with your first
assignment. It’s not unusual for someone to start as a secretary or
bank teller and end up with an international assignment in a much higher position
within a few years.
- The route to international posting usually begins
with US domestic operations.
- Willingness to "pay your dues"
and learn a product line from the domestic side first will place you in strong
standing for an international opening.
- Expect to have a stateside job
for 2 to 10 years before you get an international assignment.
- In
some cases, an immediate assignment to the International Division may be the wrong
step for an ambitious person as that division may simply serve an export or staff
function, while the company's US division controls worldwide operational and policy
issues.
- Another way to pursue an international position is
to seek smaller companies that have not yet expanded to the international marketplace,
but could. If you have the knowledge base about the company’s product or
services, language and cultural skills, and make your interests in international
placement known, you might find you'll be able to work your way into an international
position.
Prepare yourself for an international business career
while you're still in school: - Seek out opportunities related to business,
preferably in accounting, finance, and marketing.
- Obtain related
experience through internships, summer jobs, or part-time employment.
- Try
to find opportunities which relate to your specific career goal.
- If
you are thinking about a career in international finance, work for a bank.
Even if you can't work or intern in their international division, learn all you
can from someone in that office.
- Volunteer to help out in the international
division.
- Even small banks have managers who may have some international
experience or could tell you about the international market.
- Take
coursework in marketing, accounting, and finance if you’re not a business
major.
- Study a second language, learn about other cultures, and study
abroad.
- Start narrowing your interests. Think about where you'd like
to work in the business setting and how you could apply your international skills
and knowledge. Here are some typical business fields with potential global opportunities:
- Accounting
- Advertising
- Administrative/Management
- Auditing
- Banking/Finance
- Communications
- Computers/Data Processing
- Consulting
- Cultural
Affairs
- Customer Service
- Engineering
- Foreign Policy
- Industrial
Relations
- Legal Affairs
- Managerial Accounting
- Operations/Production
- Purchasing/procurement
- Personnel/human resources
- Product
Management
- Production Specialists
- Public Relations
- Research
& Development
- Retail (Buyer)
- Sales/Marketing
- Strategic
Planning
- Translation
- Technical Writing
- Trade (Import/Export)
- Transportation
Prepare
for the job interview: - Know yourself and what you'd like to do.
- Most
companies have essentially six divisions which serve different functions: Sales,
Marketing, Creative, Production, Finance, and Administration.
- Decide
which industries interest you the most and what function you would like to perform.
- Generally, the fast track in most companies is through sales, market
research, advertising, or product management.
- The ability to
sell and represent a firm and its products in a highly competitive environment
is a must.
- Research the company you're applying to and find out what
their main products are.
- Read a book on marketing or sales and
become familiar with approaches to selling a product.
- Know what
percentage of the company's business is international. And know where they're
marketing their products internationally.
- Language proficiency
and knowledge of a country's political, economic, and social climate enhance your
chances of ultimately receiving an international offer.
- Express your
willingness to be flexible about the position you're offered.
- Most
companies need a local image at their international sites. Therefore only
a few Americans will likely work abroad. If they are going to send an American
employee abroad, they want to make sure that you are flexible and sensitive to
foreign environments. No "Ugly Americans" need apply.
- Build
up your knowledge of business customs and practices by reading guides and checking
out the following websites:
- Window
on the World Inc.
Located on the Wall Street Journal’s website,
Window on the World provides 26 country profiles highlighting the social and business
customs. - Worldwide Business
Briefings
Information on customs and business practices internationally. HOW
TO FIND INTERNATIONAL BUSINESS OPPORTUNITIES - Do an economic/political
analysis to see where the hot areas are.
- Where are trade agreements being
signed?
- What countries are popular import/export regions?
- What
types of business interact with US companies?
- In what countries
are they located?
- What products or services are involved?
- As
you investigate organizations, determine what percentage of their total business
is international.
- Focus on businesses most likely to have an international
component, such as
- Companies with an international division and/or international
training program.
- Export-import firms
- Branch office of foreign
companies in US
- Business-government relations offices (Capitol Hill experience
can be valuable here)
- Extractive industries: petroleum, mining, etc
- Major
accounting firms
- High tech firms
- Consulting firms
- Trade
& professional firms
- Research organizations
- Environmental
firms
- Sports organizations
- Publishing firms
- Check
your library for reference books and guides to determine companies which have
international connections. Some suggested references are:
- Foreign
Chamber of Commerce directories. You can obtain directories of companies
registered with a foreign chamber of commerce. For instance, the German Chamber
of Commerce publishes a guide to American companies doing business in Germany
and vice versa.
- Directory of American Firms Operating in Foreign Countries
and the Directory of Foreign Firms Operating in the United States
- Investigate
which companies have an international training program (although this is unusual-
most don't).
- Read the corporation’s website, particularly
noting any international initiatives. Read the annual report or press releases
which often indicate new product lines, expansions into new territories, etc.
- The most industrialized countries are more likely to have the best employment
opportunities. This would include the United States, Japan, Canada,
Australia and Western Europe.
- Business initiatives continue to
develop in Korea, Taiwan, Hong Kong, Singapore, Brazil, India and Mexico.
- Additional opportunities exist, but to a lesser extent, in Latin America,
the Middle East, the Pacific Rim, Eastern Europe, and Africa.
- Because
political and economic situations changes from year to year, you'll need to keep
up with current events.
- Set up an information interview with someone
who is employed in the international division of a company. This is an invaluable
process which merits more attention. See the section on job search techniques
for more information.
General International Business Career
Links - The Riley
Guide to International Business Resources
-
Overseas Jobs on the Net
Over 500 links for international opportunities. - Global
Business Center
A guide to international business sorted by language/country -
Hoover’s Guide
Hoover's offers international searches as a subscriber-only feature. Hoovers
allows you to identify non-US-based companies on a variety of parameters, including
company location, financial information, industry and even government-run enterprises
around the world. - Wall Street Journal
Offers a career database of domestic and international careers in accounting,
banking, economics/finance, and marketing/management. - WorldClass
Business Sites
Links to over 1000 business resources - Eurojobs
Click on any European company to search for job vacancies, or review helpful tips
on working in Europe. - Wall Street
Journal
Numerous articles & information about working abroad as
well as job listings. - Diversity
Directory
Offers links to jobs and companies in Europe, Asia, and Latin
America. - Career Strategy
Browse current positions in Japan, or consult career and resume services. -
US Chamber of Commerce
International links and information for
businesses and entrepreneurs. - International
Chamber of Commerce
ICC is the voice of world business championing the
global economy as a force for economic growth, job creation and prosperity. -
International Opportunities
Contains links to short-term work exchange
programs and web sites. -
Salaries for Graduates in International Business
Features a database
of international executive recruiters and advice on finding a job overseas. - Occupational
Information for Business Careers
Offers career profiles in accounting,
commercial banking, investment banking, financial planning, and more. - Wet
Feet Press
Research industries in accounting, brokerage and mutual
funds, commercial banking, and more. - Escape
Artist
Escape Artist’s, “International Jobs Marketplace”
posts long-term employment openings in fields as varied as chef, driver/butler,
banking administrator, and teacher. - International
Job Locator
Offers tools to help you get a job abroad, or browse the
top links for jobs in Europe and the rest of the world. - Global
Edge
- Executive
& Management Jobs
View the extensive job listings, or search jobs
by position, location, or salary. Hot Fields for International Business
Employment
International Accounting, Finance, and Investments
Knowing
Japanese is a great asset in the accounting and investment fields, but knowing
French, Spanish or Portuguese is worthwhile as well. Most financial- related careers
are international these days. Concentrate on Asian financial services, international
banking, merchant banking, or currency trading. Another interesting location to
explore is Ireland as Dublin has a concentration of banking services. Jobs
Links for International Finance & Banking - Career
Guide to Wall Street
Discusses basic skills needed to succeed on Wall
Street and contains links to major Wall Street firms. -
Financial/Accounting/Insurance Jobs
Review the numerous job listings,
or explore the job data base by location, position, or salary. - JP
Morgan/Chase
JPMorgan/Chase offers links to global opportunities in
Europe, Asia Pacific, and South Africa. - Investment
Banking links
- Job$ In The
Money
Features numerous career opportunities in finance, investment,
economics, banking, and insurance. - American
Bankers Association
Click on the "International Relations"
link to learn about two training courses to help you land a job in the global
payment system, Bank Card International and BankExec International. - World
Bank
Many opportunities and jobs are available through, World
Bank Group, for individuals, organizations or businesses to apply their skills
to programs and projects, both at Bank headquarters and in its member countries.
International Real EstateA knowledge of real estate management
and investment combined with an understanding and appreciation of cultural differences,
as well as language ability, can help you develop a career managing property in
an international environment. With major corporations purchasing property in foreign
countries to set up factories and offices, international real estate is an increasingly
important specialty. Job Links for International Real EstateInternational
NegotiationsThis is a rapidly developing field which usually requires
graduate study and experience with mediation, arbitration, and other aspects of
negotiation and conflict resolution. You need to be schooled in business-government
relations, have a good knowledge of politics and the law, and be capable of corporate
diplomacy at home and abroad. These positions are high-level and not generally
available to entry-level workers. Most workers in this field are promoted from
within or work at a consulting firm after acquiring years of experience.
Typical employers of negotiations specialists would be government agencies, regulatory
bodies, international trade organizations, mediation and arbitration practices,
etc. Business-Government RelationsSpecialist in Business-Government
Relations provide such services as strategic planning & advising, research
&analysis, and monitoring as well as direct representation on international
government relations issues affecting corporate profitability and operations.
They often provide political risk-assessment analysis, work with trade agreements
and policies, and sometimes handle negotiations. They are experts in global political
and economic climates. Import-Export/Transportation Import-Export
operations can be contained within a large company or serve as a stand-alone business.
This field requires specialized knowledge in transportation, customs, international
trade regulations, and the laws and regulations of the specific countries with
which the importer/exporter is dealing. Strong business and language skills
are necessary. Freight forwarding and customhouse brokers work within this
field and support the activities of the import/export industry. Jobs in
Import/ExportContent
for this page provided by: Dr. Kate Brooks, Director, Liberal Arts Career
Services, University of Texas at Austin |