This study was undertaken to assess: (1) the U.S. corporate demand for Americans holding an MBA degree with a concentration in International Management, (2) the U.S. corporate demand for foreign nationals holding a similar American MBA degree, and (3) the corporate perception of the value of foreign languages in such an international curriculum. A questionnaire was sent to 1,050 corporations doing a significant amount of international business, including approximately 250 foreign-based firms doing business in the United States. Returns were received from 275 firms, assuring a confidence level of slightly over 90 percent. The following conclusions can be drawn from the study: (1) True language fluency is a valuable asset for the individual as long as he also has technical business credentials to accompany his language skills. (2) An American who has lived and studied abroad is perceived to be more valuable than his counterpart who has not, though not as much so by larger corporations. (3) There is a strong demand for foreigners who have been trained in America, particularly for work in overseas offices. (Author/PP)