The benefits I can gain from an international business degree are that I will gain unprecedented knowledge of the fundamentals of corporate finance and financial theory; By serving as a foundation, I will be better equipped to address topics such as risk approaches, investment decision making, capital structures and long/short term financial management. The cost of this major varies little, the only big issue is the payment and my pursuit of this degree. According to the article “International Business and Career Outlook” it states that the average salary for an international business major is $67,000-$75,000. My maximum loan drawdowns while here in school should be no more than $34,000. Based on a total student loan debt of $34,000.00 at the expected terms, my monthly payment would be estimated at $286.91 if I took out that much at a 6% interest rate. To support the repayment of these loans under these terms, it is recommended that you earn at least $16.88 per hour, $2,869.11 per month or $34,429.36
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