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    Top Master’s in International Business in 2020

    March 8, 2021 | Staff Writers

    Master's in International Business
    Degree Finder
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    If you want a career in global business management, a master’s in international business can help you get there. This type of degree often includes courses specific to global business, such as international marketing, international finance, international economics, and cross-cultural management. Many schools also offer an international experience that allows students to study in another country for a period of time.

    What is the Difference Between a Masters in International Business and an MBA?

    Many MBA programs have concentrations in international business. Usually, these programs are heavy on business fundamentals with three or four courses in the concentration. A master’s in international business, however, often has more courses that relate specifically to working in a global business environment. Both degrees can help you launch a career in global business. It’s just a matter of how much you want to focus on the international side of business.

    Top 20 Masters in International Business

    For this article, we looked for schools that offer a Master in International Business (MIB) degree and also included MS and MA degrees in international or global business. We intentionally avoided listing MBA degrees with a concentration in international business. That’s a topic for another day.

    We assigned scores to each school based on tuition cost (lowest is best) and enrollment (highest is best) to come up with a list of the top 20 masters in international business.

    1

    Arizona State University (99 points)

    • Tempe, Arizona
    • Graduation Rate: 67%

    The Thunderbird School of Global Management at Arizona State University offers a Master of Global Management for business leaders who want to work in international business. This program combines innovation, entrepreneurship, sustainability, diversity, cross-cultural communications, international economics, and international affairs with management and leadership fundamentals.

    Students can pick up to two concentrations from public policy, health solutions, global affairs, data science, digital transformation, global business, and more. The program is four semesters in length and there are hands-on learning opportunities for students. The school has a Global Challenge Lab where students where students work together on group projects with real clients.

    The Thunderbird School of Global Management has an alumni network of more than 46,000 former students around the world. The school encourages a global mindset and transdisciplinary skills. ASU is ranked as the #1 most innovative school in the United States by US News & World Report.

    School Overview

    Tuition: $4,887 per semester
    Enrollment: 71,946
    Visit School Website
    2

    Florida International University (99 points)

    • Miami, Florida
    • Graduation Rate: 72%

    The College of Business at Florida International University offers a Master of International Business (MIB) that takes just 12 months to complete. The program takes a multidisciplinary and innovative approach to global business.

    Students gain the skills they need to get employers’ attention in the job market. The program is relevant to the current realities of the international economy. It emphasizes emerging markets, an experiential consulting project, cross-cultural skills, interpersonal skills, international entrepreneurship, and geopolitics.

    Students enrolled in the program take part in two trips. One is an international trip to allow students to see how business works in a global setting, and the other is a local trip to a business in the Miami area. Miami is a diverse cultural space and a global trade hub, so it makes a good location to learn about international business.

    School Overview

    Tuition: $4,101 per semester
    Enrollment: 55,000
    Visit School Website
    3

    University of Florida (95 points)

    • Gainesville, Florida
    • Graduation Rate: 87%

    The Warrington College of Business at the University of Florida offers a Master of International Business that prepares students to work in a global economy. The program is one year long and focuses on an international core curriculum. Students should have a bachelor’s degree with a business major or minor before applying to the program.

    This program exposes students to a range of perspectives, both from their peers and from the faculty. There is a study abroad program and students do not need to have work experience before entering the program.

    The program is divided into 14 core business credits that reinforce the fundamentals and 16 electives. Students can use the electives to customize the curriculum to suit their needs. There is a one-week global immersion experience as well as additional opportunities for students to study abroad. Students have access to career coaching.

    School Overview

    Tuition: $6,370 per semester
    Enrollment: 52,367
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    4

    University of South Carolina (92 points)

    • Columbia, South Carolina
    • Graduation Rate: 74%

    The Darla Moore School of Business at the University of South Carolina offers a Master of International Business that gives students the skills and knowledge they need to be competitive and succeed in a number of diverse environments all over the world. Students learn to deal with change, act thoughtfully, and think differently about business situations and problems.

    USC’s MIB program is a top-ranked international business program taught by top-ranked faculty who are experts in consultancy, cross-cultural management, international marketing, global commerce, and more.

    Students take a core of four required courses and choose a track from the following: international trade and investment, global strategy and leadership, or international market development. USC also has a double-degree program that allows students to earn a second master’s degree by spending a year in Finland, Turkey, Germany, Italy, France, China, or Singapore.

    School Overview

    Tuition: $6,867 per semester
    Enrollment: 34,731
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    5

    Georgia State University (92 points)

    • Atlanta, Georgia
    • Graduation Rate: 52%

    The J. Mack Robinson College of Business at Georgia State University offers a Master or International Business that prepares students to do business across borders. Students study under award-winning faculty members who have been recognized for making “significant contributions to global marketing.” Faculty members publish regularly in major industry journal and even serve on the editorial boards.

    MIB students have access to the Center for International Business Education and Research, which works to advance practice, research, and education in international business. The Center hosts a weekly series of webinars with topics such as global talent management, doing business in emerging markets, and publishing in international business.

    There are opportunities for students to visit the Port of Savannah, the freight and cargo terminal at the Hartsfield-Jackson Atlanta International Airport, and other local sites that have an impact on international business. Students can also become members of the World Affairs Council of Atlanta.

    School Overview

    Tuition: $5,840 per semester
    Enrollment: 32,082
    Visit School Website

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    6

    The University of Texas at Dallas (87 points)

    • Richardson, Texas
    • Graduation Rate: 71%

    The Naveen Jindal School of Management at the University of Texas at Dallas offers a Master of Science in International Management Studies. Students who complete the program learn to recognize opportunities and challenges in international business, perform business analysis in domestic or international settings, and manage business operations both domestically and internationally.

    The program gives students training in international trade and global management. Students learn about the geographical, sociopolitical, and cultural constraints that affect business decisions. Students can choose to complete a concentration in supply chain management, marketing, innovation and entrepreneurship, information management technology, HR/organizational behavior, or finance.

    There is a week-long international class trip once per semester that exposes students to new cultures and new ways of doing business. Students can earn a dual MS/MBA by completing at least 63 credit hours and satisfying the requirements for both programs.

    School Overview

    Tuition: $8,709 per semester
    Enrollment: 29,543
    Visit School Website
    7

    University of Pittsburgh (86 points)

    • Pittsburgh, Pennsylvania
    • Graduation Rate: 81%

    The Joseph M. Katz Graduate School of Business at the University of Pittsburgh offers an MBA/Master of International Business dual degree program. The program requires at least 64.5 credits of graduate-level coursework that meets the requirements of both degrees. Students can enroll in the dual degree program either full-time or part-time.

    The curriculum includes courses such as organizational behavior, marketing management, financial management, statistical analysis, economic analysis for managerial decision, financial accounting, global macroeconomics, business ethics and social performance, information systems, strategic management, and decision technologies in manufacturing and operations management.

    The program includes management simulations and real-world internship experiences. The second year of the program is dedicated to such activities. Students have access to global learning opportunities such as a global research practicum, global issues workshops, and consulting field projects. The global research practicum provides international business students with a study abroad experience.

    School Overview

    Tuition: $15,640 per semester
    Enrollment: 34,934
    Visit School Website
    8

    University of Colorado (83 points)

    • Boulder, Colorado
    • Graduation Rate: 70%

    The CU Denver Business School at the University of Colorado Denver has a Master of Science in International Business that prepares leaders for a digital and dynamic global economy. The school is home to the only Center for International Business Education and Research (CIBER) in Colorado. CU’s CIBER is #3 in total grants received.

    The international business curriculum teaches students what they need to know to be able to work in a dynamic global economy. There are three specializations available: global cross-cultural studies, global supply chain, and digital globalization.

    The MS in International Business offers greater depth and breadth of knowledge in international business than students get through a traditional MBA program. Students are business professionals with diversity in language fluency, international project work and travel experience. Students gain new perspectives due to the diversity of the student body.

    School Overview

    Tuition: $16,643 per semester
    Enrollment: 33,246
    Visit School Website
    9

    University of Delaware (82 points)

    • Newark, Delaware
    • Graduation Rate: 81%

    The Lerner School of Business & Economics at the University of Delaware has a dual MBA/MS in International Business that prepares students to be expert managers in a global world. The MBA courses provide a solid foundation in management skills and techniques and the international business courses help students understand cultural differences and develop their intercultural communication skills.

    The MBA/MSIB program is made up of 59 credits that cover the required courses for both the MBA program and the MSIB program. The school also has an MSIB program without an MBA if you prefer to get just one degree.

    Required courses for the MBA/MSIB program include international marketing management, leading across boundaries, the future of globalization, managing the global enterprise, ethical issues in domestic and global business environments, globalization and business, financial management, economic analysis for business policy, corporate strategy, and marketing management.

    School Overview

    Tuition: $11,400 per semester
    Enrollment: 23,774
    Visit School Website
    10

    Pepperdine University (79 points)

    • Malibu, California
    • Graduation Rate: 87%

    The Graziadio Business School at Pepperdine University offers a Master of Science in Global Business that prepares students for an ethically-conscious and globally-minded business career. The MSGB encourages students to learn about global cultures while studying emerging markets and international economies. The program takes 15 months to complete.

    At the beginning of the program, each student completes a global mindset assessment that is used to create a personalized development plan. The plan is reviewed each trimester and updated as needed. Students participate in a trimester abroad that allows them to gain firsthand experience of the global marketplace and gain insights from that experience.

    Students can customize the curriculum by choosing from one of three concentrations: marketing, leadership and managing organizational change, and finance. There are small classes and faculty members have a wide variety of industry experience and academic accomplishments.

    School Overview

    Tuition: $8,580 per semester
    Enrollment: 7,632
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    11

    St. Thomas University (78 points)

    • Miami Gardens, Florida
    • Graduation Rate: 42%

    The Gus Machado College of Business at St. Thomas University offers a Master of International Business that prepares students for global careers such as global organizational management, importing and exporting, and international commerce and trade. Students must have an undergraduate degree to enroll in the program, but it does not need to be a business degree. There is no work experience required to enter the program.

    The MIB program is designed to be convenient for working professionals. As such, the classes are all held in the evenings. Some courses can also be taken online. The program takes one year to 18 months to complete.

    Students receive the knowledge and skills they need to manage global businesses. They also learn how to set up their own global businesses, participate in import and export, and manage international finance. Students learn both hard and soft skills, including skills related to ethical leadership and global business ethics.

    School Overview

    Tuition: $9,600 per semester
    Enrollment: 9,878
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    12

    The George Washington University (77 points)

    • Washington, D.C., United States
    • Graduation Rate: 84%

    The School of Business at The George Washington University offers a Master of Science in International Business that provides students with the knowledge and skills they need to analyze and organize data in a dynamic global economy and use that data to make wise decisions for their companies.

    The MSIB program gives students a strong foundation in technical and business skills and encourages a global mindset. Students participate in two capstone experiences: one is a “desk study” capstone and the other is a study-abroad “field study” capstone.

    Students must complete an orientation program called “Managing in a Changing World” before beginning the MSIB program. The orientation program involves collecting information on current international business events and discussing them with faculty, alumni, and fellow students. There are also visits to sites such as USAID and the World Bank.

    School Overview

    Tuition: $21,180 per semester
    Enrollment: 25,613
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    13

    Tulane University (77 points)

    • New Orleans, Louisiana
    • Graduation Rate: 83%

    The School of Business at The George Washington University offers a Master of Science in International Business that provides students with the knowledge and skills they need to analyze and organize data in a dynamic global economy and use that data to make wise decisions for their companies.

    The MSIB program gives students a strong foundation in technical and business skills and encourages a global mindset. Students participate in two capstone experiences: one is a “desk study” capstone and the other is a study-abroad “field study” capstone.

    Students must complete an orientation program called “Managing in a Changing World” before beginning the MSIB program. The orientation program involves collecting information on current international business events and discussing them with faculty, alumni, and fellow students. There are also visits to sites such as USAID and the World Bank.

    School Overview

    Tuition: $15,012 per semester
    Enrollment: 13,602
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    14

    Northeastern University (75 points)

    • Boston, Massachusetts
    • Graduation Rate: 84%

    The D’Amore-McKim School of Business at Northeastern University offers a Master of Science in International Business that is intended for globally-focused students who want to start their careers in international business. The program can be completed full- or part-time and takes 1-2 years to complete.

    This program is held in Boston, which is one of the most vibrant and largest global marketplaces in the United States. Boston is the cultural and economic hub of New England.

    This program is designed for students who have a bachelor’s degree in business or a related field. Students will have opportunities to use the concepts they learn and apply them to real-world situations and issues. The program requires seven business courses as well as two political science or sociology courses. Graduates have the analytical skills, business acumen, and international orientation needed to succeed in a fast-paced an interconnected global business world.

    School Overview

    Tuition: $19,680 per semester
    Enrollment: 19,940
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    15

    University of Miami (75 points)

    • Coral Gables, Florida
    • Graduation Rate: 81%

    The University of Miami offers a Master in International Business that provides students with the knowledge and skills they need to become successful global business leaders. The program accepts a select group of students and provides them with hands-on learning opportunities in Miami and around the world.

    This is a rigorous academic program that focuses on teaching students the best practices for leading multinational corporations and launching global startups. Students learn how to recognize challenges and opportunities in the global marketplace.

    South Florida has a vibrant multicultural business community and students benefit from learning in this diverse location. There are dozens of international conferences hosted in Miami each year, and students have the opportunity to attend and learn from the experience. Students can choose to focus on the functional expertise and regional competencies of their choice.

    School Overview

    Tuition: $19,530 per semester
    Enrollment: 17,003
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    16

    University of Pennsylvania (73 points)

    • Philadelphia, Pennsylvania
    • Graduation Rate: 95%

    The Wharton School at the University of Pennsylvania offers an MBA/MA dual degree in International Studies. The program takes two years to complete and students earn a Wharton MBA as well as an MA in International Studies from the School of Arts & Sciences at the University of Pennsylvania.

    Students learn the skills and knowledge they need to become strong business leaders who act responsibly, engage locally, and have a global outlook. The program includes research, language studies, interdisciplinary coursework, and intercultural leadership skills. These skills allow graduates to succeed in their careers wherever they are in the world.

    The curriculum is grounded in the humanities and social sciences. Students learn through field-based and classroom-based learning. They gain a foundation in the cultural, economic, political, social, historical, and geographic factors that shape global busines. There are six areas of concentration: global; South Asia, the Middle East and North Africa; Latin America, Europe; East and Southeast Asia; and Africa.

    School Overview

    Tuition: $37,250 per semester
    Enrollment: 24,806
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    17

    University of St. Thomas Houston (73 points)

    • Houston, Texas
    • Graduation Rate: 58%

    The Cameron School of Business at the University of St. Thomas Houston offers a Master of International Business that opens up the world of global business to its students. The program has students from over 35 states and 50 countries, which helps students broaden their understanding of various places and cultures.

    Houston is a hub of international commerce, with almost 5,000 area companies involved in some sort of global business. Houston is also considered the most ethnically diverse city in the United States, which makes it a great place to learn about other cultures.

    Alumni of the Cameron School of Business work in management consulting, international trade, finance, economics, and business development. Students in the MIB program gain practical experience that helps them connect their technical skills with the real world.

    School Overview

    Tuition: $13,956 per semester
    Enrollment: 3,237
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    18

    Saint Louis University (70 points)

    • St. Louis, Missouri
    • Graduation Rate: 74%

    The Richard A. Chaifetz School of Business at Saint Louis University offers an Executive Master of International Business (EMIB) that helps students gain a global worldview for working in the international business community. This program takes 21 months to complete and requires 36 credits.

    Students learn about cultural differences and international business challenges and solutions in addition to gaining a solid foundation in general business principles. They gain the skills they need to succeed in the complex international business environment. The program is cohort-based and encourages teamwork, collaboration, and networking.

    All students in the EMIB program participate in a two-week international immersion course that takes place in either Latin America or Asia. This trip takes place in the summer. Graduates can use the resources of the Valerie A. Davisson Career Resources Center to help them advance in their careers.

    School Overview

    Tuition: $23,200 per semester
    Enrollment: 13,287
    Visit School Website
    19

    Georgetown University (66 points)

    • Washington, D.C., United States
    • Graduation Rate: 94%

    The Walsh School of Foreign Service and the McDonough School of Business at Georgetown University offer a Master of Arts in International Business and Policy. This program combines the strengths of a world-class business school with a highly renowned foreign service school to train principled global leaders.

    This is a year-long interdisciplinary program that gives students an understanding of how international relations and business work. The program is split up into six one-week sessions, two of which take place in international locations. There are also two four-week online courses required. The whole program takes 12 months to complete.

    The MA-IBP program was created for working professionals who want to enlarge their perspectives in order to advance their careers. Students have an average of 11 years of work experience and the average age is 36. They come from 14 different industries and 13 countries around the world.

    School Overview

    Tuition: $31,467 per semester
    Enrollment: 4,523
    Visit School Website
    20

    Hult International Business School (62 points)

    • Cambridge, Massachusetts

    Hult International Business School offers a Masters in International Business that prepares students to start their careers in the global business environment. Students can make an impact from the first day on the job with an MIB degree from Hult.

    Hult has six campuses from which you can earn your MIB degree. They are in Boston, San Francisco, London, Dubai, Shanghai, and New York. The school has a competition called the Hult Prize that encourages teams of students to find solutions for pressing global issues.

    The core program includes courses in strategy and innovation, economics, project management, marketing and sales, financial acumen, data and decisions, collaboration and teamwork, and understanding self and others. Students can customize their degrees through their choice of electives. There is a capstone experience that requires students to apply what they have learned.

    School Overview

    Tuition: $38,100 per semester
    Enrollment: 2,798
    Visit School Website

    Still not sure which masters in international business is best for you? Use our Degree Finder to locate just the right program.

    Our Ranking Methodology

    We gathered graduate tuition rates from each school’s website and enrollment data from Google. We used the in-state per semester tuition rates where available. Where tuition was listed per credit, we multiplied by 12 credits to get a semester cost. For annual costs, we assumed that the school year is made up of two semesters.

    After sorting first by tuition then by enrollment, we assigned points to each school, with a maximum of 50 points for tuition cost and 50 points for enrollment. We added these two scores to get a final score for ranking.

    Problems with Your Ranking?

    If you work for one of the schools we ranked and you notice an error in the information we used to rank you, please feel free to contact us and let us know so we can make a correction.

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