Should you consider a career in International Business? Here are 3 reasons why you should!

∙ By ∙ No Comments

I dislike starting a blog using a cliché, let alone one the is well worn. The world today is really small. One could even call it a “global village”. There are several reasons for this: cheap, quick travel across the world to clear, instantaneous, and secure audio and video communication and conferencing. Decisions can be made from across the world, data and finances can be transferred securely and instantaneously to execute decisions, and human resources, if required, can be flown in overnight.

Small world/global village. Photo credit: Bill Oxford on Unsplash

As the result of all this globalisation and economic barriers disappearing, businesses, even small businesses, have become multinational.

Having said that, there are still several barriers businesses must overcome to be genuinely international or multinational such as language, culture, local labour laws, politics, economy, and geographical distances, to just name a few. A business will have to overcome at least as many difficulties as there are countries to truly operate internationally.

There are several ways companies overcome these challenges, from recruiting locally to creating or recruiting specialists in international business who are familiar with the local laws, culture, etc., and who can learn and adapt quickly. These specialists will not only be familiar with the working of the company but will also be familiar with the expectations of the company from their local subsidiaries, partners, and vendors. 

These international business specialists will have to work closely with their local agents communicating the company’s policy and expectations. They will, in all probability, have to travel to the new country of operation as a representative of the company and spend a substantial period in-country to ensure the processes are set up correctly. 

More prominent companies will also set up an international office with the primary purpose to troubleshoot any issues that might arise from operations in any country. 

Here are 3 reasons why YOU should consider a career in International Business

Salary and Demand

Photo by Alexander Mils on Unsplash

As per the National Center for Education Statistics (NCES), in the U.S., only about two thousand students graduate with a master’s degree in International Business every year. To give you an estimate of the earning potential of a career in international business, according to data published by PayScale Inc., in the United States, the approximate early career pay for someone with a bachelor’s degree in International Business is about USD 52’000. I can infer from this that there is an opportunity to get in on the ground floor for a career in international business as the number of graduates is still very low. The salary offered is competitive, and depending on the company and job profile, there is the potential to earn more from the get-go itself. 

Job Satisfaction 

Find a job you enjoy doing, and you will never have to work a day in your life.

Mark Twain

Job satisfaction is very subjective. You might hate to do the work that I love, and vice-versa. So, before you take up a job in international business, ask around, find out what the job entails, how much travel is involved, what kind of job security is being offered? According to a survey by PayScale Inc., about 40% say that a career in international business has “meaning”, here “meaning” means they feel their work makes the world a better place. Whereas about 70% say, they are satisfied with their work. So, the potential of having a satisfying career is relatively high, and maybe even a meaningful career. 

Future-proof 

International business is a people-oriented job. It is dependent on people-to-people interactions, decisions, and analysis made by managers, understanding the cultural nuances of (a) people. As a result, international business cannot be automated. Even if the process you are involved in does get automated, something new will get created just above your current profile in the value chain. So, a career in business in general and in international business in particular will, in general, be future-proof, and unless something goes drastically wrong at your company, you need not worry about losing your job.

If you are ready for great career opportunities, professional growth, traveling and exploring new cultures, then a career in international business might be for you. Robert Kennedy College offers several programmes in International Business. Chat LIVE on WhatsApp with one of our Education Advisors for more information.

UoC’s MBA Leadership & Sustainability Academic highly commended as Master’s Teacher of the Year 2021

∙ By ∙ 1 Comment

We take immense pleasure to announce that Dr. Sarah Williams, a Senior Lecturer in Leadership and Sustainability, has been highly commended in the category of Masters’ Teacher of the Year 2021 by findamasters.com. This was for her role as Module Leader in the Robert Kennedy College online residency module delivered by the University.  

In the judges’ view, “Sarah’s teaching has a global impact, and the judges agreed that this was reflected in the large number of students from around the world who supported Sarah’s nomination for this award.”    

A picture containing outdoor, tree, person Description automatically generated
Dr. Sarah Williams

The University is incredibly proud of this achievement, and so is Robert Kennedy College. It highlights the calibre of academics working at the university and reflects positively on the partnership with Robert Kennedy College.  

One is known by the company they keep, and Robert Kennedy College is indeed in good company with some of the best teaching faculty. Have a look at profiles of our key faculty members  

Internationally Recognized  

The University of Cumbria received the University title and degree awarding powers from Her Majesty’s Most Honourable Privy Council in 2007. The University is fully recognised by the British Government and duly listed on the United Kingdom’s Department for Education list of recognised UK awarding institutions. Upon successful completion of the online Masters’ programme, you receive an Internationally recognised British degree from the University of Cumbria. Undertake the Master’s programme today, with complete confidence and faith that your Masters’ degree is accepted worldwide and has the highest level of recognition.  

For the details about this award: The award was run by https://www.findamasters.com/, a directory of worldwide Postgrad qualifications. The information on the awards is detailed at https://www.findamasters.com/events/awards/generic.aspx?bpid=7160. 

5 habits of successful students

∙ By ∙ 10 Comments

Getting back to being a student is not easy, especially if you have been out of school for a while. But since you have decided to get your master’s degree, there are a few simple habits that, if developed, can help you become a better student as well as have a positive impact on your life in general. Acquiring these habits can help you become more productive, organised, and efficient.

Some of these points might sound obvious, and they are, and you might be under the impression that you are already implementing them in your life. But I urge you to think about these points and analyse if you are genuinely implementing them – the answer might surprise you.

The 5 habits

Do not procrastinate

We have covered this point to death in our blogs, and here we are writing about it in another blog. And the reason we are doing it is that this is a significant point, the importance of which cannot be understated. Procrastination is also one of the most common habits developed by human beings. My colleague, Vidhi Kapoor, has covered procrastination and tips on overcoming the habit in one of our previous blogs – Procrastination.. Saving for tomorrow…….

Read ahead

Depending on the programme of study, you may get access to materials before the module starts for real – use that time to prepare. Make a list of the topics covered in the module (mind-maps are a great tool for this), try to get your hands on as many of the recommended/required readings as you can, and even start reading about the concepts in advance. Doing a first pass before watching the video lectures will help you prepare the ground for sowing, as it were – and it may be that questions that you come across while reading solo will be answered by the lecture, or not – in which case, you’ll know what to ask using the class discussion when the time comes! 

Plan

Organise your notes in such a way that it is easy to find when the time comes to refer to them. Use a calendar, keep track of your class and fee payment schedules, know when your assignments are due and ensure that you complete your tasks before they are due. Time management is probably one of the biggest reasons students fall behind or stay ahead in their classes. We have covered time management as well in one of our previous blogs. Being organised can also relieve stress because you know what to expect and can be prepared beforehand.

Let’s file “seamless cloud back-ups” under being organised. Even with intermittent internet access, you can still organise cloud back-ups (or external drives if you prefer) – computer crashes do happen, but they are seen as the equivalent of the “dog ate my homework” of yesteryear. 

Teacher’s pet

Traditionally, being thought of as a teacher’s pet could make you really unpopular with your classmate. You are all grown up now though: stop thinking like a child!  No man is an island! But as usual, we keep forgetting this. If you have a question or do not understand something, ask! The professors are there to help you learn and study better. You can also ask your classmates for help, and hopefully, you will also be able to help them, if asked. There is no better way to truly understand something than trying to explain it to someone else. Active class participation can have several positive impacts on your student life. Teachers notice the students who are engaged in class and will, in general, be more positively disposed towards these students. Don’t be afraid to “raise your hand”, virtually as that may be, and ask questions. It is always better to come away from a class with a clear understanding of the subject.  And finally, take notes while you watch the videos – it is the best aid you can have during your revision of the subject.

Use active study methods rather than passive study methods

I will explain to you my understanding of the differences between active and passive study methodologies using a simple example.

When I was in school, I had a teacher that made us study by rewriting something repeatedly. For example, and this is just an example, let us take Newton’s third law of motion, which states that for every action in nature, there is an equal and opposite reaction. This teacher would make us write the law repeatedly until it became muscle memory. There may be a time when this works, but I have found that there is no understanding of the law here, and this is a passive way of studying.

An active study method is to summarise your understanding of the topic in your own words. This method enables long term retention of the topic and, more importantly, understanding of the subject matter, which will help you to practically implement it at work in the long term.

These are just a few points that will hopefully help you become a better student. There are probably many ways to achieve this more effectively and efficiently. If you know of any, please list them in the comments.

If you are ready to start your online studies, chat LIVE on WhatsApp with one of our Education Advisors for more information on all the 100% online master’s degree programmes we offer and the application process.

#DILO – A day in the life of an RKC student – Antonio  

∙ By ∙ 7 Comments

We continue with our blog series bringing you answers to some of the questions we at Robert Kennedy College (RKC) frequently get from students looking to join one of our online programmes. We asked some of our past and current students to share their thoughts and opinions, to give their feedback on how they handled online learning challenges. Hopefully, this will, in turn, help you make an informed decision.  

I believe learning is a life-long process. You never know when an opportunity to learn is thrown your way. Would you grab the opportunity, or would you think it’s too late to learn and study when you reach a certain age? But is age just a number?  

Antonio, an RKC student from Mozambique, is a shining example of how age is just a number when it comes to studying for your Masters. Let’s hear his story!  

Who you are, really?   

Antonio M, from Mozambique. A senior citizen still willing to learn and upgrade my skills in new areas associated with my country development.  

Which Uni are you studying at?   

University of Salford  

Which programme did you choose and why?  

Online MSc in Procurement, Logistics and Supply Chain Management  

How did you plan to study each module, and what was the reality? How many hours did/do you have to put in each day/or in a week?  

Initially, I thought 2h a day would suffice, but I learned that I needed to spend at least an additional hour every day. Let me say, for someone with my slow thinking speed, you need an average 3h a day to be comfortable and do all the homework (forum discussions, contributions). Do this for 6 days a week, 1 day to rest if you can afford it.  

PC: Unsplash.com

What part of the day did/do you find most suitable to study? (e.g., early mornings, lunch break, evenings, weekends?)   

In my case, evenings due to silence and more available bandwidth for Internet data.  

How did travelling impact your ability to study?    

Being an online course, travelling did not impact too much. When travelling, the main issue was Wi-Fi availability.  

How were you able to interact with peers and/or professors given the time differences?   

Most of my peers were around the same or close time. Having a platform and forums eased the interaction. It was not immediate, but I would get the reaction soon enough. With those closer peer friends or people with closer affinity, we shared our mobile numbers, and if required, we would use the mobile phone and interact.  

How much time did you devote to each assignment?    

A lot of time. As soon as you get the assignment brief, start immediately and dedicate at least 3h a day for the assignment. Make sure you state an initial outline as soon as you understand the problem to be solved. Having the outline, Google Scholar all the required stuff, minimum of 15 peer-reviewed references per assignment (my opinion).  
  

PC: Unsplash.com

What does a typical day as an Online Masters’ student look like for you?  

6-7h sleeping, 6-8h working and 3-4h studying, 3h solving family issues, 2h socialising with other people. My community, Rotary, and family would require more of my time and reschedule this time outline.  

Any advice you have for students to better plan their studies?    

Please make sure you do participate in the weekly activities since usually they prepare you for your assignments. If you do it right, you may have a considerable part of your assignment done, at least in terms of the referencing. Going straight to the assignments is the wrong strategy. I did learn with some pain later that if I had done the week activities it would have made my life easier and would have saved time for my assignments. Otherwise, while busy with the assignment, you understand that you still need to do the work you avoided.  

PC: Canva.com

If you have been dreaming of joining a master’s programme or have had this personal goal to gain a higher degree, now is the time! Take valuable advice from our current students, gain from their experience, add your unique study strategies, and make your own success stories! I would love to feature you one day on our college blog.    

Chat LIVE on WhatsApp with one of our Education Advisors for more information on all the programmes we offer, the application process, and for information on discounts we might be offering at this time.