Betriebswirt/Betriebswirtin (Hochschule) für Internationale Wirtschaft

To learn more about this profession, you can consult information provided by the Bundesagentur für Arbeit (Federal Employment Agency), watch the film 'International Economics - Duales Studium (university study program)', and explore various other information sources. Additionally, publications on change, idea and innovation management, industrial policy, innovation reports, international management studies, journals of business economics, management reviews, international management reviews, economic digitalization reports, international economic law, journals of business research, economic studies, and career guides are available.

Hybrid selling is the new sales reality, with digital channels playing a central role in sales and marketing. Business-to-business (B2B) companies increasingly contact their customers via video conferences and online meetings. The use of voicebots, or digital voice assistants, is also gaining importance. Sales and marketing professionals will increasingly focus on digital channels and their application possibilities in customer contact. Hyperautomation extends Robotic Process Automation (RPA) with intelligent automation solutions and Artificial Intelligence (AI). Companies analyze, design, measure, automate, simplify, and control their workflows with these technologies, aiming to increasingly support decision-making processes with AI. Professionals examine how to implement hyperautomation in their areas of responsibility. Leasing is also a significant trend.

The following interests are important and helpful for success in this Studium (university study program). Interests are listed in order of their importance, with illustrative activities provided for each area. Interest in commercial-organizational activities, such as planning the strategic positioning of an economic region or company, creating financing and business plans for international projects, or coordinating cross-border company activities. Interest in administrative-organizational activities, such as creating timetables for project implementation, or managing material management and logistical data.

Business economists for international economics primarily work in offices and meeting rooms. Additionally, they may also work in the field, including abroad, and in home offices or remotely, as needed.

Core competencies acquired or deepened during the Studium (university study program) include: Foreign trade, foreign trade law, business administration, valuation law, accounting, controlling, financial management, corporate law, commercial law, intercultural management, international marketing, costing, warehouse management, marketing, materials management, human resources, tax law, sales, auditing, and customs regulations and clearance. Other competencies that may be important for practicing this profession include: Offer management, balance sheet analysis, credit assessment, bookkeeping, e-commerce, purchasing, export, financing, import, international law, cost and performance accounting, customer consulting, logistics, market research, machine translation, project management, statistics, management consulting, and economic policy. Furthermore, the competency group 'Business, Finance, and Controlling Software' and the competency group 'Language Skills' are also relevant skills and knowledge.

The ongoing digitalization of the working and professional world can change task areas and requirement profiles. Business economists for international economics may have the opportunity to engage with the following technologies, procedures, or systems: Augmented Analytics (e.g., using augmented analytics tools for automated risk analysis for financing plans), Business Intelligence - BI (e.g., making operational and strategic decisions with automatically analyzed data and the insights gained), Business Process Management Systems - BPM Systems (e.g., contributing to the further development of software for analyzing and controlling business processes to increase efficiency), Compliance Management Systems - CMS (e.g., monitoring compliance with regulations and applicable national laws using compliance management systems), Consent Management Platforms (e.g., legally compliant data processing).

Business economists for international economics (Betriebswirt/Betriebswirtin (Hochschule) für Internationale Wirtschaft) independently plan, organize, and control business processes. If they lead a team, they motivate their employees and coordinate their collaboration. This requires communication skills and assertiveness, and negotiation skills in customer discussions. They apply their analytical and organizational skills, for example, when evaluating business key figures or making business processes more effective. Foreign language skills and intercultural competencies are necessary when dealing with business partners from other countries. They primarily work in an office at a desk but also travel for external assignments, such as visiting customers and business partners domestically and abroad.

Business economists for international economics (Betriebswirt/Betriebswirtin (Hochschule) für Internationale Wirtschaft) can work freelance, for example, as a management consultant or with their own company.

Example collective bargaining gross basic remuneration (monthly): €5,261 to €6,378. Source: Collective bargaining collection of the Bavarian State Ministry for Family, Labour and Social Affairs. Note: This information is for orientation purposes. No claims can be derived from it.

Construction, Architecture; Chemistry, Pharmacy, Plastics; Electrical Engineering, Electronics; Energy, Supply and Disposal; Vehicle Manufacturing, Maintenance; Trade; Wood, Furniture; Management, Consulting, Law, Taxes; Media; Metal, Mechanical Engineering, Precision Mechanics, Optics; Food, Luxury Food Production; Paper, Printing; Textiles, Clothing, Leather; Transport, Traffic; Associations, Organizations, Interest Groups.

Those who wish to work in this profession typically need a completed undergraduate degree (grundständiges Studium) in International Economics. Leadership positions or specialized tasks usually require a master's degree (Masterstudium). Activities in science and research often require a doctorate (Promotion) or habilitation (Habilitation).

International Economics (undergraduate); International Economics (postgraduate)

Business economists in international economics find employment in internationally active companies in almost all economic sectors, as well as in interest groups, associations, and organizations that maintain international business relationships.

Business Economist (University) - International Economics. Professional titles in French: Responsable (m/f) - export, Responsable international/Responsable internationale.

Some characteristics of work and social behavior are relevant for all professions and are therefore not mentioned separately. These include reliability, punctuality, honesty, ability to criticize, and appropriate manners. Additionally, the following profession-specific characteristics are required to practice this academic profession (Studium): Performance and commitment (e.g., willingness to actively and decisively take on commercial analysis, planning, and leadership tasks in internationally active companies), perseverance / determination (e.g., planning long-term strategies for international economic cooperation, adhering to implementation despite temporary setbacks or short-term changed priorities), diligence (e.g., precise preparation of cost and profit calculations), sense of responsibility and willingness to take responsibility (e.g., taking responsibility for the successful development of foreign markets), independent work.

Business economists in international economics plan, organize, and monitor cross-border business activities of companies, as well as international economic relations of interest groups, associations, and organizations.

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Federal Association of German Economists and Business Economists (bdvb), Federal Association of Wholesale, Foreign Trade, Services (BGA), German Economic Institute Cologne (IW), United Services Union (ver.di).

This profession involves responsibility for people (e.g., guiding and leading employees) and responsibility for assets (e.g., creating business plans, conducting cost and performance calculations, analyzing cost developments). Customer contact (e.g., looking after key accounts) is frequent. Frequent absence from home may be required to negotiate with business partners abroad. Screen work (performing analysis, conceptualization, and planning tasks) and office work are common.

Professionals in this field can pursue careers in various areas. In business organization and planning, they can work as business planners, expansion managers, or business analysts. In purchasing and procurement, they can be buyers, global sourcing managers, or heads of purchasing. In finance and accounting, they can take on roles as calculators, cost accountants, heads of finance and accounting, or heads of cost accounting. In warehouse, materials management, and logistics, they can work as heads of warehouse management, heads of logistics, heads of materials management, supply chain managers, or demand planners. They can pursue academic careers as lecturers at universities and academies or as study program coordinators. In management and corporate leadership, they can assume roles such as project managers, department heads, commercial operations managers, business development managers, or change managers.

Working materials include analyses of economic viability, international concepts, budget, process, and organizational plans, macroeconomic indicators, statistics, order lists, delivery notes, supplier references, economic expertises, international correspondence, and legal regulations (e.g., customs regulations). Data management systems and software, such as planning and control systems, accounting, and financial software, are used. Office equipment, such as PCs, internet access, and telephones, are also among the work tools.

Business economists for international economics support economic decision-making processes in various functional areas and advise institutions on economic policy decisions. For this purpose, they prepare economic expertises, analyses, and concepts, conduct projects, and evaluate their success. In business organization, they improve workflows; in warehouse and materials management, they optimize logistical processes. They also solve tasks in supply chain management or collaborative commerce, determine sales planning, and improve sales organization. They look after customers in the field and expand companies' e-business or e-service offerings.

Adaptation training helps to keep professional knowledge up-to-date and adapt it to new developments (e.g., in the areas of foreign trade, controlling, international marketing, intercultural competence).

Bachelor graduates can expand their professional and career opportunities through further studies, for example, in the fields of international economics, marketing, sales, or corporate management. A doctorate is generally required for an academic career at a university; an habilitation (postdoctoral qualification) is usually needed for appointment as a university professor. A doctorate may also facilitate access to higher professional positions in the private sector, in research, and in public administration.

Analyze and evaluate cross-border economic and business activities. Research international studies, concepts, and activities for public institutions or companies, such as economic or economic policy expertises, export or import plans. Plan the strategic positioning of an economic area or company. Plan the integration of new concepts and activities into economic policy or intra-company and inter-company processes, for example, considering association cooperations, expanding fully automated merchandise management systems or electronic trading activities. Create business plans and conduct feasibility studies for projects, for example, estimating timelines, necessary budgets, and goals. Prepare financing plans and determine sales planning. Discuss concepts and adapt them if necessary. Accompany the implementation process in individual functional areas and coordinate subtasks.

The following additional employment alternatives are available for the profession of Business Economist (Hochschule) for International Economics: Field of activity Management, Corporate Management: Business Economist (Hochschule) (Corporate Management, Management), Business Economist (Hochschule) (Transport), Business Economist (Hochschule) (Marketing), Business Economist (Hochschule) (Trade). Commonalities: Planning, monitoring, and organizing business processes; supporting economic decision-making processes; negotiating with business partners and customers. Note: The mentioned job alternatives may require a longer induction period or additional training.

Business Economists (Hochschule) for International Economics plan, organize, and monitor the cross-border business activities of companies as well as the international economic relations of interest groups, associations, and organizations. They prepare decisions by assessing whether globalization offers untapped potential for their own company, if relocating assembly or production abroad is interesting for an industrial company, or if the company should expand into export markets. They know their own company, their own industry, and the international economic interdependencies in the relevant markets. They understand the national economic fundamentals and the mechanisms of the global economy, and they master the economic indices and instruments used to compare economic developments in different states and groups of states.

The following abilities, knowledge, and skills are required for performing possible activities in this Studium (university study) profession. Abilities: Numerical (calculating) thinking (e.g., analyzing cost developments; creating financing plans); Memory (e.g., memory for people, operational key figures, and economic indices); Adaptability (e.g., quick and frequent switching between conceptual activities and customer contact under time pressure); Commercial aptitude (e.g., planning the strategic positioning of an economic area or company); Ability to plan and organize (e.g., planning automated merchandise management systems; coordinating cross-border company activities; planning and organizing project implementations). Knowledge and Skills: Calculation skills (e.g., calculating cost reduction measures in international trade activities).

The exercise of the profession may involve the following physical requirements. This information does not necessarily apply to every activity profile or every professional application. Undisturbed speech ability (e.g., presenting concepts to clients; advising public institutions on economic policy decisions); Near vision - even corrected (e.g., performing analysis, conceptual, and planning work on the computer); Hearing ability and speech comprehension (e.g., understanding questions and concerns when serving key accounts). Note: This information does not form a basis for legal action and should not be understood in the sense of a medical fitness assessment. Actual physical fitness or unfitness must always be determined on a case-by-case basis and taking into account possible reasonable accommodations.

The following lists professions or activities that show similarities to the original profession. These professions represent a possible alternative for applicants who cannot find a vacant position in their learned profession. Furthermore, employers can consider specialists in these professions as alternatives for filling a job in the original profession. Some alternative professions only comprise partial activities of the original profession, while others require an induction period, which can vary in length in individual cases. The following immediate employment and staffing alternatives are available for the profession of Business Economist (Hochschule) for International Economics: For the overall activity (usually short induction): Business Economist (Hochschule). For partial activities and professional deployment opportunities (with/without induction): Head of Export, Head of Sales, Public Affairs Manager. Those with lower qualifications.

The occupation of business economist for international economics is not regulated. No professional recognition is necessary to work in this profession with a qualification acquired abroad. However, it is possible to apply for an individual certificate evaluation for foreign university degrees through the Zentralstelle für ausländisches Bildungswesen (ZAB). This can be helpful for applications in the German labor market. Further information on living and working in Germany: Hotline Arbeiten und Leben in Deutschland - central information hotline of the Bundesamt für Migration und Flüchtlinge (BAMF) and the Bundesagentur für Arbeit (BA); 'Für Menschen aus dem Ausland' - an information service of the Bundesagentur für Arbeit; Zentrale Auslands- und Fachvermittlung (ZAV) of the Bundesagentur für Arbeit; Make it in Germany - the welcome portal of the skilled labor initiative for international skilled workers.

The following health limitations could lead to problems when performing this profession. The information does not necessarily apply to every activity profile or every professional application. Increasingly, there are also possibilities to compensate for limitations, for example, through technical aids. Speech disorder, speech impediment (e.g., presenting concepts to clients; advising public institutions on economic policy decisions); uncorrectable near vision impairment (e.g., performing analysis, conceptual, and planning work on the computer); hearing impairment, hard of hearing, deafness, hearing disorder, chronic ear conditions (e.g., understanding questions and concerns when serving key accounts). Note: This information does not form a basis for legal action and should not be understood as a medical suitability assessment. Actual physical suitability or unsuitability must always be determined on a case-by-case basis and taking into account relevant factors.

The following alternative staffing option is available for the profession of business economist for international economics: Business economist (university) for corporate management, management. Similarities: Planning, monitoring, and organizing operational processes; supporting economic decision-making processes; negotiating with business partners and customers. Note: The mentioned staffing alternative may require an induction period, which can vary in length depending on the individual case.