international business career?
SO i have my sights set on prop trading then hedge fund trading, but as a backup plan my advisor suggested me to do something i love which is traveling/business. What type of international business careers are good paying and involve international travel? like in corperate finance or something. If i choose this path instead of the above id double major in finance/int business instead of finance/comp science. I want to atleast make 100K a year and travel alot even if i break into trading i want to travel alot in my spare time as its something im really passionate about.
thanks
100k out the gate? or after a few years? rotation programs at big mutlinationals would be good, consulting gigs but that may not be so much international
Very interested in this as well. Could anyone give some examples of some companies that have rotational programs that send people abroad? It was my understanding that even at a multi-national company it is still extremely difficult to get a chance to move abroad.
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How did this turn out? I would also love to do some type of finance or international business and thinking about majoring in both or attending FIU (2nd ranked International Business program). I love learning and speaking new languages, traveling and experiencing new cultures, and business and finance obviously so traveling and doing that would be my dream. I'm just worried it isn't realistic or possible and not high paying either. Everything I have seen is either office jobs, low paying, or just no information on careers to get into this.
Which languages do you speak fluently? If you're limited to English, that leaves you with the anglophone countries like the UK, Australia the tiny markets of Ireland and New Zealand and potentially opportunities in the Middle East and Singapore. The type of jobs are the same as you'd get in Wall St. Without local language skills the opportunities in the financial sector is limited to perhaps a few very large organisations whose internal operating language is English.
The UK and Australia have reasonably high bars for getting visas and employers are not keen on sponsoring visas unless you are very senior or have some superstar degree. Routes around this would include doing a masters degree in the county you are targeting, checking your family history in case you can get a passport (Irish grandparent?) or for a short term experience whether you can get a backpacker visa and do an admin / middle office role.
The Middle East tends to attract very senior types with good experience as the junior roles are filled with locals. The travel opportunities (with work or personal) there are very decent.
Singapore is another world which requires a separate post in itself.
English is my native language, Spanish I'm about 50% fluent but I'm very confident that will be 100% by the time I graduate, I know some very basic French but want to learn that fluently, and that's it. I would love to learn Mandarin too, figure that would be ideal.
Is the pay and workload similar to jobs on Wall St? I figure if I go to FIU to study it I would most likely land a Latin American job but would love to work in Europe or anywhere traveling around. I'm interested in investment banking or sales & trading on the finance side, not sure if those translate to an international scale though. I assume S&T does with forex markets.
Just trying to figure out if finance or international business would be a better route for me because I love the idea of international business just not sure how feasible /realistic it is, don't have any info on it, and wouldn't want to do it super long-term. Finance just seems like the safer route but not sure. I just feel like I've heard a lot of people getting an international business degree and not really doing much with it or ending up getting some low-paying low-level office job.
If you want to be fluent, you need to be prepared to be interviewed in the language as a native and be prepared to write and read contracts in that language, if not, don't bother (local candidates generally have excellent English fluency). If choosing a city to work in, be prepared to work and live there for 3+ years.
London hours and pay are generally comparable to Wall St (property / rent / local taxes may be a bit cheaper these days) when you consider income taxes, cost of living etc I think its a bit of a wash, except for paid time off where anywhere is much better than the USA. At senior levels I suspect NY does pay a bit more.
Aussies pay less but hours are shorter and if in Sydney, you live in a great city with fantastic lifestyle options. Middle East generally pays a premium to your last pay check from where you are relocating from and hours will vary widely (GCC countries have no income tax, so only the US taxes you, Brits and Aussie pay no-one)
If looking at a degree, get it from the best school (Ivy League) you can get into and in a subject considered "hard". Degrees with fluffy titles like "international business" from places with little international recognition won't get you far
That's what I was thinking. I will major in Finance for sure then. FIU supposedly has the 2nd ranked international business program but not sure they have any recognition outside of Miami. Ideally I would love to go to FIU or ASU for location and weather but also because I have to pay for college and those would be my cheapest and most fun options. But not sure how well those would workout for me and don't think they would give me much options after graduation. I'm applying to some higher schools like Notre Dame, Boston College, NYU, SMU and more. I'm fairly confident I will get into some I would just be $200k in debt after graduation and torn on if I should take that much on or not. I'm currently at community college in Wisconsin so I'm a little behind but confident my grades (4.0) and hard work will get me on track when I transfer in Spring. I feel like because of that going to the best school I can is the smart choice, but that debt is scary. I also have lived here for my entire life and absolutely hate the cold and midwest and everything about it and want to be somewhere nice and warm like my friends, and feel like being in Miami or Phoenix alone could present some opportunities to makeup for the lower school recognition.
London sounds great though, I would love to do something like that for a couple years. Thanks for the insight.
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