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MBA International Business or MBA IB is a two-year postgraduate level degree programme that focuses on providing knowledge of business principles and practices at an international level. It is designed to equip students with the skills and knowledge necessary to join entry-level managerial positions. In India, more than 130 educational institutes are offering MBA International Business courses.
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MBA IB covers different aspects of international business operations, consisting of marketing, finance, operations, logistics and supply chain management. Some of the topics covered in the course curriculum include Global Business Ethics, International Trade Law, International Finance, and Global Business Law. Many colleges also offer global internship opportunities to understand the international working of businesses.
To be eligible for an MBA in International Business, students require a bachelor’s degree in management or a relevant discipline. They must also achieve a minimum aggregate score of 50 per cent or as specified by the institute. Some of the popular job roles are Business Analyst, Project Manager, Business Development Executive, and Operations Manager.
Particulars | Values |
---|---|
Degree Name | MBA in International Business |
Course Level | Postgraduate |
MBA International Business Duration | 2 years |
MBA International Business Entrance Exams | CAT, MAT, XAT, GMAT, SNAP, NMAT, CMAT |
MBA International Business Eligibility Criteria | Bachelor's degree in a relevant discipline |
MBA International Business Admission Process | Entrance Exam + Group Discussion + Personal Interview (GD-PI) |
MBA International Business Fees | Rs. 26,000 to Rs. 21.0 Lakhs |
MBA International Business Average Salary | Rs. 8.5 LPA |
MBA International Business Job Profiles | Area Sales Manager, Business Analyst, Project Manager, Business Development Executive, Operations Manager |
MBA International Business Top Recruiters | TCS, JP Morgan Chase and Co., WNS Global Services, Accenture |
Before applying for admissions, candidates should know the eligibility requirements of the course; however, it vary depending on the provider. It is more or less similar compared to other MBA specialisations. Candidates can check the eligibility details either on the prospectus or the official website of the desired institute. In the table below, we have provided the qualification requirements for the MBA International Business course.
Eligibility Parameters | Details |
---|---|
Educational Qualification | Bachelor's degree from a recognised institute in India |
Minimum aggregate percentage (For general and reserved categories) | 50-55 per cent for general category students, 5 per cent relaxation for reserved category applicants. |
Work Experience (optional) | 1-2 years (optional) |
The admission process for an MBA in IB may differ from one institute to another. The majority of Indian Bchools provide admission based on marks obtained in the entrance examination and performance in the bachelor's degree. Whereas other institutes follow a three-stage screening procedure along with group discussion, personal interview, and/or aptitude tests.
There are many entrance examinations that students can appear for if they wish to apply for an MBA degree in their desired specialisation. They can check the course and eligibility details on the official website of the college.
Exam Name | Conducting Body | Exam Schedule |
---|---|---|
IIM Lucknow | ||
AIMA | ||
NTA | ||
XLRI Jamshedpur | ||
Symbiosis International University |
MBA International Business cutoff is the minimum benchmark score set by the colleges to screen the most deserving candidates out of all. Those who scored below the cutoff percentage are eligible to apply. Cutoff percentage varies depending on the difficulty level of the examination, the number of candidates appearing for the exam, the total number of seats and the stature of the institute.
Exam Name | Cutoff |
---|---|
CAT | |
XAT | |
MAT | |
CMAT |
Many specialisations are offered in an MBA degree, which caters to the diverse interests of the graduates. Some of the popular specialisations are Finance, Marketing, and Human Resource Management. In the table below, we have provided some of the popular MBA specialisations.
The course curriculum of an MBA in International Business includes topics such as Management Concepts and Practices, Foreign Trade Management, Global Business Operations and International Business Environment. In the final year, some colleges also provide global internship opportunities along with project work. In the table below, we have mentioned the MBA in International Business syllabus of Mangalore University.
In the first year of the MBA in International Business, students study subjects such as International Economics, Soft Skills, Marketing Management, and Corporate Social Responsibility. Below, we have discussed the first-year syllabus of the MBA in International Business course.
Semester 1 | Semester 2 |
---|---|
Management Concepts and Practices | Organisational Behaviour |
Accounting for Manager | Foreign Trade Management |
Quantitative Techniques | Management Information System |
Corporate Social Responsibility | Business Research Methods |
Soft Skills | Operations and Diversified Management |
Marketing Management | Trade Blocs and WTO |
Soft Skills | - |
In the second year of the MBA International Business, students study subjects such as International Business Law, International Business Environment, Supply Chain Management, and Integrated Marketing Communication.
Semester 3 | Semester 4 |
---|---|
International Business Law | Export and Import Finance |
International Business Environment | Entrepreneurship |
Global Financial Management | Project Work |
International Marketing Management | Global Resource Management |
International Human Resource Management | Business Ethics and Human Values |
Supply Chain Management | Integrated Risk Management |
Integrated Marketing Communication | - |
The MBA in International Business fees can range from Rs. 26,000 to Rs. 21.0 lakhs. The fees of attending a college vary depending on several factors, including its ranking, prestige, and types of institutions, whether the school is public or private. The average MBA IB fee is around Rs. 12 Lakhs for the entire duration.
The scope of the MBA in International Business is very broad, and candidates have a variety of career options to choose from. They can either start working at some of the leading MNCs in India or they can also choose to pursue higher studies. Those interested in academics can also apply for a PhD, which will shift towards academics or research in the field of business.
Many MNCs have research centres specially allotted to conduct in-depth field-based research for business progression and market analysis. The course also prepares the graduates to pursue entrepreneurship and set up their business units. An MBA in International Business also prepares students for an MBA in foreign countries, as it helps the students learn about international aspects and practices of businesses.
MBA in International Business graduates can choose from a variety of attractive managerial roles across a range of businesses. Jobs after an MBA in International Business require in-depth knowledge of business concepts along with hands-on experience. Since every multinational organisation needs diverse experts with a specialisation in marketing or economic policies in global aspects, applicants with a master of Business Administration in international business degree have direct exposure to opportunities all over the world.
Job Profiles | Job Descriptions | Average Salary |
---|---|---|
Business Development Executive | Business Development Executives are professionals who are responsible for increasing sales and marketing of a product or service. They target companies, government agencies or organisations to sell their products or services. | Rs. 3.8 LPA |
Business Analyst | Business Analysts are professionals who are responsible for assessing the data, charts, and index of previous year records for the company and its competitors. After the assessment, they prepare strategies to overcome the losses and to produce a more efficient business plan in action. | Rs. 9.7 LPA |
Product Manager | Product Managers are professionals responsible for handling the project and the team associated with it. As a product manager, one must design a complete plan of how to work on a product, supervise all the teams working on that product, and make sure the deadlines and quality standards are met. | Rs. 21.5 LPA |
Financial Planner | Financial Planners working in MNCs are the professionals who are responsible for deciding the financial goals in terms of profit and investment for a company on a quarterly and yearly. Financial planners analyse factors such as estimated targets and risk tolerance and decide on a suitable investment plan for the organisation. | Rs. 4.4 LPA |
Salary Source: AmbitionBox
The salary after an MBA in International Business is influenced by various factors. Candidates have access to job opportunities due to the emphasis on global business. Candidates with a master's in international business have the option of working overseas, benefit from greater networking opportunities, and earn a good salary. Listed below are the average salaries of the private and government sectors.
Sectors | Average Salary |
---|---|
Private | Rs. 3 LPA-Rs. 100 LPA |
Government | Rs. 3 LPA-Rs. 50 LPA |
Source: Naukri.com
An MBA in International Business has several benefits over other specialisations. The course prepares the students to work at many multinational companies across the globe or establish their start-ups. MBA in IB graduates appear more appealing to employers due to their knowledge of international business operations; therefore, they may charge higher salaries. An MBA in International Business also provides good networking opportunities when working abroad.
The private colleges in India offering MBA in International Business courses are performing well in terms of academic performance. In the table below, we have mentioned the private MBA in International Business colleges with fees.
College | Fees |
---|---|
Rs. 8.18 Lakhs | |
Rs. 5.88 Lakhs | |
Rs.17.34 Lakhs | |
- | |
Rs. 5.13 Lakhs | |
Rs. 8.01 Lakhs | |
Rs. 10.0 Lakhs | |
Rs. 1.50 Lakhs | |
Rs. 18.0 Lakhs | |
Rs. 18.7 Lakhs |
Government-run college is less expensive than a private MBA in International Business college. Some of the top government MBAs in International Business colleges are listed below:
College | Fees |
---|---|
Rs. 83,740 | |
Rs. 21.77 Lakhs | |
- | |
- | |
Rs. 40,000 | |
Rs. 5.50 Lakhs | |
Rs. 20.97 Lakhs | |
Rs. 3.48 Lakhs | |
Rs. 99,290 | |
Rs. 26,100 |
MBA International Business graduates get the opportunity to join a wide range of businesses in India and overseas, experiencing dynamics at different levels. MBA in International Business graduates find excellent opportunities in a variety of businesses and are fully equipped with both theoretical and practical understanding of international business.
Frequently Asked Questions (FAQs)
MBA IB or MBA in International Business provide various benefits over other specialisations. It provides an international perspective and deeper knowledge of international trade. Graduates can apply for job roles at international companies.
The average salary of an MBA IB professional is Rs. 15 LPA, depending on the skills and experience of the candidate.
Graduates with an MBA in International Business are offered lucrative opportunities from different industries at different kinds of managerial positions. After completing an MBA in International Business, candidates can either start working as a Manager at top MNCs or can choose to pursue doctoral/ research degree in management.
MBA in International Business is a postgraduate-level degree programme in the field of management. The course duration is two years consisting of four semesters. It equips the candidates with knowledge of business operations from an international perspective.
Candidates must have completed their bachelor's degree from a recognised institute in India. They must achieve a minimum aggregate score of 50 per cent or as specified by the institute.
Many institutes offer admission to students based on the marks obtained in the entrance examination and performance in the bachelor's degree. Whereas other institutes follow a three-stage screening process, which includes an entrance examination followed by group discussion and a personal interview.
Companies such as TCS, JP Morgan Chase and Co., WNS Global Services, Accenture, and EY are top recruiters of MBA IB graduates in India.
Area Sales Manager, Business Analyst, Project Manager, Business Development Executive, Operations Manager are some of the most lucrative and highly paid job profiles in MBA International Business.
CAT, XAT, GMAT, SNAP, NMAT, CMAT, IIFT are some of the top entrance exams for MBA IB admission.
On Question asked by student community
Yes, MBA in FinTech is a good option if you are interested in the combination of finance and technology. After this course you can work in roles like FinTech product manager, financial analyst, blockchain/crypto specialist, risk & compliance manager, or business development manager in banks, startups, and financial companies.
For the salary part, freshers usually start with around 5–10 LPA in normal companies and in bigger FinTech firms or banks it can even go up to 10–15 LPA, depending on your skills, college, and location.
If you do Data Science and then an MBA in Finance, you can get many high-paying jobs. Some of the best options are:
1. CFO (Chief Financial Officer) – You manage a company’s finances, budgeting, and reports. Big companies pay 40 lakh to 1 crore per year.
2. Investment Banker – You help clients raise money and do mergers or acquisitions. Salaries start around 10–12 lakh for freshers and can go up to 30 lakh or more with experience.
3. Chief Data Officer – You lead data strategies in companies. Pay can be 80 lakh to 1.3 crore per year.
4. Machine Learning Engineer / AI Scientist – You create AI and ML models. Salary is around 35–42 lakh per year.
5. Product Manager – You manage product strategy and market positioning. Can earn 89 lakh to 1.1 crore per year in big tech companies.
6. Financial Actuary – You analyze financial risks. Pay is around 25–30 lakh per year.
Hello,
If you have made a mistake while entering your education details in KEA PGCET MBA option entry, you cannot edit it directly once it is submitted. You need to contact KEA immediately.
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The cut off for national exams like CAT or XAT required for admission for Masters in Business Administration (MBA) program may vary b collage and years. The top tier or top MBA collages like IIMs may require 98-100 percentile. F or more details you can go through: https://bschool.careers360.com/articles/cat-cutoff
Thank you.
Hey! If you are looking for a fully online MBA with minimum fees while staying in Gadchiroli, you can consider a few good options. The most budget-friendly is IGNOU Online/Distance MBA, which comes around 60,000–70,000 for the whole program and is recognized by UGC-DEB. Apart from that, universities like Bharati Vidyapeeth Online (approx 1.6 lakh) and DY Patil Vidyapeeth Online (approx 1.7 lakh) also provide online MBAs with flexible learning and multiple specialisations.
If cost is your main concern, IGNOU is the best choice. But if you want better exposure and placement assistance, then Bharati Vidyapeeth or DY Patil could be good options. Just make sure the course you choose is UGC-approved so that your degree is valid everywhere.
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