Brain Drain and the International MBA

Brain Drain and International MBA

The economic downturn currently plaguing the United States has hit every nation around the world; Japan, Europe, India, and even nations like China have been affected. One of the unexpected problems caused by our economic crisis is that our well-trained executives are taking their skills and knowledge and finding work far from their native shores. Additionally, thanks to issues surrounding changes to international visas, the United States is also having difficulty attracting and keeping skilled individuals from other nations. This is causing a problem in our nation’s ability to compete internationally.

The New York Times says, “The United States will struggle to compete if it cannot more easily hire foreign born professionals.” Many business experts graduating from business school – both those born in the United States and overseas – are leaving for greener pastures on other shores. As our economy begins its long climb to recovery, this brain drain is going to become more apparent as more opportunities open up for experienced international MBA graduates – and no one is there to fill those positions.

What is the international MBA? Graduates of international MBA programs learn the basic principles of business and management on an international stage. The curriculum for the international MBA often includes studying leadership and management techniques, finance and financial management, business law and ethics, and human resources and conflict management solutions.

International MBAs also typically spend time learning about risk management, how to recruit great team members, and economic systems and philosophies. The end goal of the international MBA degree is for students to become skilled professionals with exceptional management knowledge and the capacity to participate in the global financial system.

Graduates with the international MBA can work in an international context in a plethora of industries. The international MBA degree provides immense flexibility, because employees with the skills and knowledge that the international MBA aims to impart are needed in domestic positions, as well as abroad. The international MBA not only strives to provide access to an upper management career, but also might offer a salary increase from those who have earned only an undergraduate degree.

If you are interested in business and want to be a member of the global economy, one choice to consider is the international MBA degree. Even if you are interested in business right here in the United States, the international MBA could still be a useful graduate degree to earn. Get started today!