The sectors in which our students could be employed include the following:
1. PUBLIC SECTOR:
Joining the Diplomatic Service both nationally and internationally. Adviser and assistant roles to politicians and political groups at national, regional, local and European/international levels. In this case, the civil servant positions in European Union institutions, as well as International Organizations in Europe and worldwide.
Roles in this area generally involve conducting research or studies on legislative, budgetary or economic proposals. Drafting of legislation and background reports, and organizing sector-specific meetings.
2. PRIVATE SECTOR:
Consultancy: Consultants are professionals who are trained to solve problems, develop strategies and improve their customers' needs regardless of the industry. Consultants help customers to solve specific problems (usually in the short term), while strategy consultants research and develop strategies to improve the company's objectives in the long term. Companies hire consultants not only for their ability to solve problems, but also for their objectivity. Usually, consultants conduct research, analyze data, prepare reports and present their findings; less often, they are involved in the actual implementation of the strategic plan designed. Mobility is another important aspect of the professional life of a consultant. Spending time with customers on the premises is an essential part of the consultant's duties.
International Business: The world has become a global market, and all kinds of companies are trying to expand their operations across national borders and the world. Multinational companies, joint ventures, financial institutions, law firms, consulting firms, goods manufacturers and service providers aiming to supply an international client-base. The most internationally oriented jobs in the business world involving marketing, sales, finance, operations and strategic planning.
Journalism: Journalists report on current affairs and other events of publications in the printed press and electronic media, or to be broadcast on radio or television. Journalists are constantly aware of the latest developments and breaking news, often observing such events, reviewing documents, or carrying out interviews with people. Journalists can specialize in fields such as politics, foreign affairs, business, arts, sports, health or science. Increasingly, the work is being carried out by communication teams made up of reporters, editors, photographers and graphic artists.
Risk Analyst: "Political, economic and legal risk". The term refers to the possibility that investors will lose money or make less money than expected due to political decisions, situations or events that occur in the country or emerging market in which they have invested. Specific problems include government instability, currency inconvertibility, expropriation and nationalization. Furthermore, risk analysts examine social conditions such as crime levels —the number of recent kidnappings, for example— and issues regarding land ownership rights when assessing the level of risk associated with any investment. Normally, "risk analysts" gather information about an area or a country, determine the causes and sources of the associated risks, and present their findings to their clients. Analysts may also be asked to come up with risk management solutions and make recommendations to customers who expect to invest in a specific part of the world. Analysts today can find employment with international organizations, smaller financial firms, credit rating agencies, energy companies, and online sites that specialize in selling political risk information. In addition, three departments within the largest banks perform political risk analysis: Credit, fixed income and variable income. Support to the financial analysis department for forecasting key economic variables; may require advanced skills, often at doctoral level. Those working in the credit rating agencies, credit institutions and organizations such as the European Union may be required to make a thorough economic analysis, and would be classified as "specialists". Analysts with more general knowledge about countries, legal systems and business practices can find employment with small consulting firms that gather and analyze information and then sell their findings to others.
3. NON-PROFIT SECTOR:
Associations: Associations are grouped under professional associations (existing to serve the interests of a professional group), professional associations (in place to serve corporate interests), or groups of people with common interests (such as philanthropic organizations and charitable foundations). Associations often engage in:
- Keeping up to date with information about their professions.
- Resolving employment issues and sharing the solutions applied.
- Promoting the particular interests of the professional sector or group.
- Educating the members and the public about the professional sector or group and their interests.
- Establishing professional standards.
- Establishing product safety and quality standards.
- Promoting research on the profession/industry.
- Collecting and analyzing data.
- Promoting and mobilizing social and economic needs.
- Serving as a conduit between the members and the government.
- Helping the members to understand and comply with the new laws and regulations.
- Humanitarian aid and disaster relief: The less developed regions of the world are affected by hunger, malnutrition, poor water quality and sanitation, as well as AIDS, tuberculosis, malaria and other deadly diseases. In addition to social and healthcare dilemmas, extreme weather conditions also cause great harm to the disadvantaged. Humanitarian aid is an extremely complex subject-matter that involves many actors, including governments, non-governmental organizations (NGOs) and intergovernmental organizations (IGOs), such as UN agencies, trying to simultaneously respond to natural disasters (such as earthquakes and hurricanes) and/or complex emergencies (e.g. wars and other violent conflicts).
International Development: The goal of international development is to alleviate poverty among the people in developing countries. Strategies for improvement include investment in the economic, political and social spheres. Economic development ranges from the creation of a sound macroeconomic and fiscal policy for the promotion of small- to medium-sized enterprises to the introduction or expansion of microfinance. It also involves identifying and creating the necessary infrastructure to provide energy, transportation and health services for economic growth through the provision of technical assistance and access to funding. Political development focuses on the creation and promotion of good governance, including transparency of financial systems, an independent judiciary and active participation by civil society. Social development focuses on improving health, education and the social security system. Each of the areas is interrelated and interdependent. International development is, in fact, a global issue and a highly multidisciplinary field in professional terms.
International Education: International education encompasses a wide variety of careers including teaching, curriculum development, technical assistance, exchanges, training and the fostering of international understanding. International education professionals work in schools, universities, government agencies, non-governmental/non-profit organizations, foundations and private companies.
NGOs: The main objective is to promote, advocate or pursue a cause that is central to the existence of the organization and its mission. Missions can range from women's rights to economic development. Many non-profit organizations face a continuing crisis in terms of funding and resources.
Peace Studies and Conflict Resolution: Peace Studies is an interdisciplinary academic field that examines the causes of war and systemic oppression, and explores the processes by which they can resolve conflicts, maximize justice and minimize violence. It includes the study of economic, political and social systems at local, national and global levels, and examines ideology, culture and technology in relation to conflict and change. The activities related to the degree program in this field include policy research, the influence on the legislative framework, public education, petitions and protests, community service and intercultural diplomacy.
Think tanks: They are seen as non-partisan organizations that employ interdisciplinary approaches to finding long-term solutions to policy issues. Some can be seen more as pressure groups that promote a particular agenda, while others may resemble private-sector consulting organizations or academic institutions. In addition to their research, many research institutes host professional congresses, conferences and political forums. Their activities include monitoring legislative and executive actions to influence policies, legislation, regulations or negotiations on behalf of governments, industries, businesses, special interest groups or constituencies.
International Security: The goal of many service providers is to produce intelligence reports consisting evaluated information and forecasts that the political and military leaders, and governments can use in decision-making.
After more than 8 years since we began offering the Master's Degree in International Affairs: Economics, Politics and Law, the program has become one of the benchmark courses in Spain and Europe, given the year-on-year increase in student demand and recognition from the companies that have collaborated with the Master's program in addition to other employers.
In Spain, we have not been able to collect data on the prospective employability of graduates relating to the Master's Degree in International Affairs; hence, as a benchmark, we think it is worth citing the 2011 data from the professional sector and average wage of students who hold a Master's Degree in International Affairs, published by the School of International Relations and Pacific Studies, University of California, San Diego, USA:
ACADEMIC CAREER PATHS
Moreover, the Official Master's Degree in International Affairs: Economics, Politics and Law also enables holders to gain admission to official doctorate programs as provided for in Royal Decree 99/2011 of January 28, which regulates official doctorate programs.