<p>International Business:
Definitely an interesting field!
I’m planning to take it as a second concentration as well.
When I say “second”, you should consider it as a second concentration as well.
When you work for a company, you don’t get to go oversea unless
you perform really well and your boss believes you can represent the company.
In order to perform “well”, you need to excel in traditional fields like
finance or marketing.
Plus, if you want to study international management,
use your free electices or social science courses to learn a new language/culture.
For example, if you want to enter the Chinese market,
do a minor in Chinese and take one to two course in its culture.
The best people in IB are the ones who know how to deal with the locals.</p>
<p>Management and Organization Studies:
I believe this concentration is for three kinds of people:
people looking for a management position, people who want to be in consulting,
and people who want a PhD in Management.
I’m not sure what courses you need to take at your school,
but I believe its all about how you run an organization.
So you take it only if youre aiming a management position.
But listen, those positions are usually for people with working experience,
not academic knowledge.
If you want to be a management consultant,
do a minor in communication.
You need to know how to present your methods
to people who are not experts in it.
If you want to obtain a PhD in Management,
this is a good choice.</p>
<p>Entrepreneurship:
This is for students who are in STEM field
because they can develop new products and they need to learn
how to protect the intellectual rights and how to look for Angels.
Unless you have a brilliant idea in mind,
I don’t recommend you to get into this concentration.
Most entrepreneurs fail in the first time,
and they learn from their experiences.
If you are really into it, I suggest you to read books,
attend discussions, and learn from your own experience.
Also, a lot of schools provide activities to train students entrepreneurial skills,
such as business plan competition and seminars.
Talk to your professors, some of them might be successful angels or entrepreneurs.</p>
<p>Marketing:
Out of the four choices, this is really the best.
According to the book “Ten Days MBA”,
its one of the highest earning positions
given that the whole business cannot run if the marketing guys are not doing well.
A lot of things do matter, but marketing is how you present those things
to your customers. You might have the best technology in the world,
but if your advertisement sucks, who would care?</p>
<p>I’d recommend you to do marketing and international business together.
These days, your marketing campaign has to consider global issues as well.
Also, consider a minor in Communication and Language.
You need to learn how to present your data in words, and also in images.
The tricky thing is when should you use words and when should you use images.
Marketing and Communication can make a good combination.
The first one helps you come up with new ideas and the second
helps you realize those ideas.</p>