Tuesday, March 22, 2011

Gain a Global Perspective with Business Administration – International Business

With the Internet connecting every corner of the globe, it’s impossible to deny that business has gone international in every aspect of the word. You can take advantage of this global market by obtaining an education through an international business college program, such as Centennial College’s Business Administration – International Business.

In this international business college program, you will acquire the knowledge you need to become familiar with and look forward to the challenges offered in a world trade environment. To apply to the Business Admin – International Business undertaking, Centennial College expects students present at minimum an Ontario Secondary School Diploma (OSSD) or equivalent or be 19 years of age or older. In addition, students must have completed the compulsory English 12C or U or skills assessment, or equivalent and the Math 11C, M or U, or 12C or U, or skills assessment, or equivalent. Students will be placed in the appropriate English and math levels based on skills assessment results. Possession of minimum admission requirements does not guarantee admission to the international business college program.

Once you are in the program, you will first learn all the basics of business because there is a common first-year curriculum shared with other business undertakings that gives you a good industry overview before specialization. If you decide to continue in the international business school, you will gain specialized expertise in areas such as international trade law, finance, sales and marketing. Courses that cover these topics include: International Business Concepts, Traffic and Transportation, Importing and Exporting, Foreign Trade Documentation, International Marketing and more. The International Business program also offers hands-on experience through its industry project. This component will allow you to work in a team for a small business or major company.

In addition, the program is affiliated with the Canadian International Freight Forwarders Association, i.e. Canada, and the Forum for International Trade Training. Also, graduates may be eligible for the Certified International Trade Professional (CITP) Designation, in accordance with the process prescribed by the Forum for International Trade Training (FITT). This will incur costs in addition to the regular tuition.

Upon graduation from the international business school, students find work as importer/exporters, customs brokers, foreign investment analysts, logistics/transportation managers, commercial bank officers and international development officers. Let’s take a closer look at two of these jobs.

As an import/export worker, you will handle business transactions that take place between companies in foreign nations and firms in Canada. Import workers deal with transactions that involve bringing raw materials or finished products into Canada. Export workers are involved in sending goods or raw materials from Canada to foreign markets. Some workers handle both import and export agreements. The duties of import and export workers vary depending on the situation.
Another option is to become a customs broker, who is responsible for preparing and compiling all the documents required by the government for discharge of foreign cargo at domestic ports or airports. This person also serves as middleman between importers, merchant shipping companies, airlines, railroads, trucking companies and the government Customs service.

Clearly, each job comes with its own set of responsibilities but the international business school at Centennial College can prepare you for all of them.

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