IGNOU
- Fees: ₹ 8200
Degrees offered: B.A., B.A. L.L.B, B.A.(Hons), B.B.A, B.Com, B.Com(Hons), B.E /B.Tech
International Business is a specialisation under the management domain, related to the trade of goods and services, capital, technology, and knowledge across international borders- at a transnational or global scale. The study of International Business is concerned with the commercial activities taking place to promote the movement of goods from one country to another.
International Business also covers the formation and operation of manufacturing, sales, research and development, and distribution facilities in foreign markets. There are various degrees of specialisation for pursuing International Business courses such as BBA, BCom, MBA, PGDM, and PhD. Graduates of International Business courses can pursue careers such as International Brand Manager, Export Manager Administers and International Finance Manager.
Particulars | Values |
Branch Name | International Business |
Degree | |
Duration | UG: 3 years PG: 2 years |
Eligibility Criteria | UG: 10+2 PG: Bachelor’s Degree |
Admission Process | Entrance Exam/ Direct Admission |
Top Entrance Exams | UG: CUET UG, IP CET, Christ University Exam, SET, UGAT Exam PG: CUET PG, CAT, CMAT, MAT, XAT |
Average Course Fees | Rs. 1,900 to Rs. 24.2 lakhs |
Career Options | Brand Manager, Export Manager, Finance Manager, Logistics Manager |
Average Salary | Rs. 7.9 LPA (International Brand Manager) |
Recruiting Companies | Cognizant, Deloitte, Capgemini, TCS, Goldman Sachs, Accenture |
Many specialisations are somewhat related or similar to International Business courses. Some of the specialisations in the International Business field are:
BA International Relations | |
MPhil International Business | |
PGD International Business | BCom International |
More than 260 private institutes in India offer International Business courses. The course fees in these colleges are generally higher than in public institutes. Mentioned below are the top private colleges offering International Business courses in India:
Top Colleges | Fees |
Rs. 20.65 Lakhs | |
Rs. 12 Lakhs | |
Rs. 8.18 Lakhs | |
Rs. 5.88 Lakhs | |
Rs. 17.34 Lakhs | |
Rs. 14 Lakhs | |
Rs. 72,000 | |
Rs. 18.27 Lakhs | |
Rs. 12 Lakhs | |
Rs. 6.75 Lakhs |
Note: The fee structure provided above can be for any particular International Business course (Diploma/ Degree/PGD).
Government institutes are known to provide quality education at affordable fees. Many government colleges offer International Business courses at undergraduate and postgraduate levels. Mentioned below are the top government colleges offering International Business courses in India:
Top Colleges | Fees |
Rs. 83,740 | |
Rs. 21.77 Lakhs | |
Rs. 40,000 | |
Rs. 5.5 Lakhs | |
Rs. 7,600 | |
Rs, 12,150 | |
Rs. 20.97 Lakhs | |
Rs. 41,630 | |
Rs. 99, 290 | |
Rs. 3.48 Lakhs |
The academic qualifications required for enrolling in the international business course can differ based on various factors, including the level of education, and the type of institution.
While the eligibility criteria for UG courses can differ from university to university, the common criteria are as follows:
There are various entrance examinations for admission into undergraduate programmes offered by central and other universities across India. The details of some of them are as follows:
Exam Name | Level | Conducting Body | Exam Schedule |
National | NTA | ||
State | IP University, Delhi | ||
University | Christ Deemed University | - | |
University | Symbiosis International University | - | |
National | AIMA | - |
Students are eligible to study PG International Business courses if they fulfil the following criteria:
There are entrance exams for admission to International Business courses at the postgraduate level. The top entrance exams for admission to PG courses in different fields of International Business are mentioned below :
A growing number of international businesses and companies operating at an international level has made the demand for International Business courses quite high. A lot of these companies are looking for ways to expand and establish their business operations abroad. They need candidates who can efficiently handle international scenarios and are thorough with the concepts and theories useful in a business establishment.
A degree in International Business helps one develop an understanding of the resources existing on a global level. Students are made familiar with the needs of international firms and taught how to utilise these resources in the best possible manner. A career in International Business gives one plenty of opportunities to travel abroad and settle in different parts of the world, depending on the job.
Minimum Fees | Maximum Fees | |||
---|---|---|---|---|
Private | Government | Private | Government | |
UG | ||||
PG | ||||
DOCTORAL | ||||
DIPLOMA |
At the undergraduate level, an International Business degree includes a combination of theoretical concepts and practical skills relevant to building a lucrative career in businesses that operate on international levels. The semester-wise syllabus of the BBA-IB course at Periyar University is as follows:
Semester 1 | Semester 2 |
Tamil or anyone of the modern (Indian or Foreign) or classical languages - I | Tamil or any of the modern (Indian or Foreign) or classical languages - II |
English – I Communicative English | English – II Communicative English |
Core I : Principles of Management | Core III : Organisational Behaviour |
Core II : Business Communication | Core IV: Financial Accounting |
Allied I: Business Mathematics and Statistics - I | Allied II : Business Mathematics and Statistics - II |
Add on Course : Professional English - I | Add on Course : Professional English - II |
Value Education : Yoga | Non Major : Environmental Studies |
Semester 3 | Semester 4 |
Core : V International Marketing Management | Core : IX Foreign Trade and Laws |
Core : VI Financial Management | Core : X Cost Accounting |
Core : VII Human Resource Management | Core : XI Management Information System |
Core : VIII Production and Materials Management | Core : XII Taxation |
Allied III : Managerial Economics | Allied IV: Money Banking and Trade |
SBEC – I Fundamentals of Insurance | SBEC – II In-plant Training (Viva Voce) |
NMEC - I: Entrepreneurial Development | NMEC - II: Human Resource Management |
Semester 5 | Semester 6 |
Core : XIII International Business Environment | Core : XVIII Foreign Trade Procedure and Documentation |
Core : XIV Operations Research | Core : XIX Financial Markets and services |
Core : XV International Strategic Management | Core : XX Entrepreneurial Development |
Core : XVI Foreign Exchange Management | Core : XXI Services Marketing |
Core XVII : Fundamentals of Research Methodology | Core XXII : Project Work |
Elective - I | Elective - II |
SBEC – III Advertising Management | SBEC – IV Campus to Corporate (Viva-Voce) |
The syllabus of International Business at the postgraduate level includes varied subjects. Mentioned below is the syllabus for the MBA in International Business at Pondicherry University:
Semester 1 | Semester 2 |
Management Process & Organisational Behaviour | International Marketing |
Quantitative Techniques for Business Decisions | International Human Resources Management |
Economics for Managers | Global Corporate Finance |
International Trade Documentation | Global Corporate Finance |
Procedures | Research Methods for International Business |
Accounting for managers | Global Production and Operations Mgt. |
IT Tools and Techniques for Global Managers | International Economics |
Workshop on Communication Skills | International Business Laws & Arbitration |
Business Communication & Negotiation Skills | Cross Cultural Management Workshops on Soft Skills |
- | Workshops on Soft Skills |
Semester 3 | Semester 4 |
International Strategic Management | Global Business Ethics and Corporate Governance |
Global Logistics & Supply Chain Mgt. | - |
Enterprise Risk Management | - |
Internship on Export-Import Procedures | - |
Workshop on Expatriate Skills/ Financial Analytics | - |
Society Voluntary Service | - |
Career opportunities are abundant for a degree holder in International Business. Aspirants are hired not only by international restaurant chains and airlines but also by non-profit and government organisations. Several international banks also recruit individuals carrying an International Business degree. Hospitality, tourism, and travel are a few other industries that provide employment opportunities to students post-graduation.
A few other career options that candidates can take up jobs in are international logistics, international finance, foreign exchange management, export and import management, and international marketing. A career in International Business can take candidates to different parts of the world, providing them with the enriching experience of travel, living among different cultures, and building a highly rewarding career simultaneously.
With the growth of the economy, many businesses are looking to expand their operations outside country borders to maximise profits. With markets undergoing rapid evolution, understanding the emerging trends in International Business will help one take advantage of the dynamics of the environment. Some of the latest developments being seen in the International market are:
After acquiring a degree in International Business, candidates have a plethora of job profile options to choose from. Each profile comes with a different set of responsibilities, career trajectory, and salary. Some of the common job profiles offered to candidates are:
Job Profiles | Responsibilities |
A Brand Manager manages, develops, and implements product marketing for the maximisation of sales in the international market. | |
Export Manager | An Export Manager administers the export of goods, responsible for financial matters and transactions. |
Finance Manager | A Finance Manager coordinates with financial management like grants management, budget planning, accounting operation, and financial forecasting. |
International Logistics Manager | An International Logistics Manager coordinates with overseas vendors to manage import activities to meet service-level expectations. |
A Business Manager develops and implements innovative marketing, manages expenses, and prepares budgets, developing market plans for an increase in sales and high profits. |
Some of the top recruiting companies in India for jobs in International Business include:
Salaries of the various job profiles available to candidates after completing their education vary based on responsibilities, skills, and level of seniority. The average salaries for some common job profiles are estimated as:
Job Profile | Average Salary |
Brand Manager | Rs. 18.3 LPA |
Export Manager | Rs. 11.2 LPA |
Finance Manager | Rs. 17.0 LPA |
Logistics Manager | Rs. 10.0 LPA |
Business Manager | Rs. 11.0 LPA |
Source: Ambition Box
Note: Salary may vary depending on various factors.
International Business is a field of work that requires a great deal of communicating with international clients, pitching business solutions, and living abroad. A career, this demanding, calls for a certain acumen in International Business-related skills. Some of these skills are:
International Business studies provide candidates with the opportunity to inculcate practical knowledge and skills essential to the practice of trade and commerce. Students are required to study several core courses and choose one focus area among Economics, Finance, or Marketing Management and study a Foreign Language.
Answer :
The main purpose of studying and working in International Business is the promotion of the business, an increase of sales, expansion of the business, earning higher profits, sharing ideas and techniques for gaining profits internationally.
Answer :
If you specifically wish to work in International Business, you should pursue BBA IB as this specialization prepares you for an International Business-specific career. If, however, your aims are not specific to the field of International Business, you can study BBA generally.
Answer :
Top recruiting areas include Dry ports, Banks, Logistic companies, and Export houses.
Answer :
In many universities, studying Mathematics in class 12 is not a mandatory prerequisite for admissions. However, studying Mathematics plays out as an advantage to the student by giving them a strong calculation base which can prove an advantage in the future.
Answer :
Yes, a BBA degree in International Business affords graduates many entry-level job profiles to start their careers with. The BBA-IB course prepares students for tackling practical situations, thereby prepping them to climb the career ladder gradually without the absolute necessity of completing an MBA degree.
Dear aspirant !!
Hope you are doing well ! If jims rohini is near your home then definitely you should go for it without even thinking for a minute . The JIMS hostel aims to provide a homely atmosphere away from home to the students. The rooms are spacious with windows opening to the balcony. Other hostel facilities include a common room and a dining hall. Apart from the solid infrastructure, it provides ample space for interaction and relationship building.
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Hope you get it
Thank you
Hello,
Planning to pursue BBA in International Business followed by an MBA in International Business sounds like a great path for an Indian student. It can provide you with a strong foundation in business principles and a specialization in international business which is a valuable skill in today's globalized world.
As for finding a cheaper college, there are several options available. In India, there are many reputed universities and colleges that offer BBA and MBA programs at affordable tuition fees. Some well-known universities that offer these courses are:
1) University of Delhi
2) Jamia Millia Islamia, Delhi
3) University of Mumbai
4) University of Calcutta
5) University of Pune
6) Bharati Vidyapeeth University, Pune
7) Osmania University, Hyderabad
8) Bangalore University
9) University of Madras, Chennai
10) University of Kerala
Hope this helps,
Thank you
Hello aspirant,
Under the management area, international business is a specialisation that deals with transnational or worldwide trade in capital, knowledge, technology, and products and services.
The study of international business focuses on the business transactions that facilitate the transfer of commodities across nations, as well as the establishment and management of manufacturing, sales, R&D, and distribution networks in overseas markets. Only a small number of B-schools nationwide offer this specialisation, despite it being in great demand .
To know more about subjects and much more information, you can visit our website by clicking on the link given below.
https://www.careers360.com/courses/international-business-course
thank you
Hope this information helps you.
Hello aspirant,
Here below I am providing you list of some of the top colleges for PhD in International Business:
For more information you can visit our site by clicking on the link given below.
https://bschool.careers360.com/colleges/list-of-phd-in-international-business-colleges-in-india
Thank you
Hope this information helps you.
WELINGKAR, IBS MUMBAI, BIMM, ITM (ONLY IF YOU GET THE MAIN 4 SPECIALIZATION)
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