MBA in International Business is a two-year postgraduate degree programme focusing on business management on an international level. MBA in International Business is designed to equip students with the skills and knowledge and skills that are required to navigate the complexities of global business.
MBA in International Business course covers different modules of business such as general management, marketing, finance, operations, logistics and supply chain management from an international aspect. MBA in International Business course include various international topics, such as trade, global market analysis, cross-cultural management, international finance, supply chain management, and global business law.
To be eligible for the MBA course, students need to have a bachelor’s degree in the field of management or related discipline with a minimum aggregate score of 50 per cent or as specified by the institute. Some of the top institutes offering the MBA International Business courses are GITAM Institute of Technology, UBS Chandigarh, and IIFT Kolkata.
Particulars | Values |
---|---|
Degree Name | MBA in International Business |
Degree Type | Postgraduate |
Degree Duration | 2 years |
Entrance Exams | CAT, MAT, XAT, GMAT, SNAP, NMAT, CMAT |
Eligibility Criteria | Graduation in any discipline |
Admission process | Entrance Exam + Group Discussion + Personal Interview (GD-PI) |
Cutoff | Highest - 98 percentile (CAT)/Average - 90 percentile (CAT) |
Fees for the entire duration | Rs. 10 Lakh to Rs. 15 Lakh |
Average Salary | Rs. 8.5 Lakh per annum |
Job profiles | Area Sales Manager, Business Analyst, Project Manager, Business Development Executive, Operations Manager |
Top recruiters | TCS, JP Morgan Chase and Co., WNS Global Services, Accenture |
MBA in International Business eligibility criteria vary from one institute to another. People from different academic backgrounds can pursue an MBA IB degree programme. In order to be eligible for admission to MBA IB in Top MBA Colleges in India, students are required to complete the undergraduate course and must fulfil the following requirements -
MBA in International Business admission differs from one institute to another. Various institutes offer MBA International Business Admission to students based on their entrance exam score and bachelor's degree. Whereas other institutes follow a three-stage screening process of entrance exam followed by group discussion and a personal interview. Mentioned below is the admission procedure of a MBA International Business course.
There are many entrance examinations that the students can appear for if they wish to apply for a MBA degree in their desired specialisation. They can check the course and eligibility details on the official website of the college.
Exam Name | Level | Conducting Body | Exam Schedule |
---|---|---|---|
National Exam | Indian Institute of Management Lucknow | ||
National Exam | All India Management Association | ||
National Exam | National Testing Agency (NTA) | ||
University/National Level | XLRI Jamshedpur | ||
University/National Level | Symbiosis International University |
MBA in International Business is a set of criteria used to offer MBA in IB admission to various colleges. MBA in International Business admission is offered to those who scored below the MBA International Business cut-off percentage. The number of candidates and their entrance exam scores decide the MBA International Business cutoff, which varies by institution.
Candidates should have a strong interest in business and general management to be able to do well in the MBA International Business course. Many colleges are looking for candidates who have strong verbal and written English abilities. In this section, we will list the skills required for an MBA International Business course.
The MBA in international business subject is similar to every other branch for the first year. In the second year, students are introduced to new topics out of which some are compulsory and the rest are based on the student's choice. In the table below, we have mentioned the MBA in International Business syllabus of Mangalore University.
Semester 1 | |
Management Concepts and Practices | Accounting for Managers |
International Economics | Marketing Management |
Quantitative Techniques | Soft Skills |
Corporate Social Responsibility | |
Semester 2 | |
Organisational Behaviour | |
Foreign Trade Management | Foreign Trade Management |
Management Information System | Business Research Methods |
Operations and Diversity Management | Trade Blocs and WTO |
Semester 3 | |
International Business Law | International Business Environment |
Global Financial Management | International Marketing Management |
International Human Resource Management | Supply Chain Management |
Integrated Marketing communication | - |
Semester 4 | |
Export & Import Finance | Entrepreneurship |
Project Work | Global Resource Management |
Integrated Risk Management | Business Ethics and Human Values |
Global Resource Management | Integrated Risk Management |
The MBA in International Business fees can range from Rs. 41,630 to Rs. 24.21 Lakhs. The MBA in International Business fees of attending a college varies depending on a number of factors, including its ranking, prestige, and types of institutions, whether the school is public or private.
After completing a master's in international business, candidates can either start working as a Manager in top MNCs or can choose to pursue a doctoral/ research degree in management. Various students choose to pursue higher studies-doctoral or postdoctoral degrees such as M.Phil, or Ph.D in order to shift towards academics or research in the field of business. Top Multinational Companies have research centres specially allocated to conduct in-depth field-based research for business progression and market analysis.
MBA in International Business graduates can choose from a variety of attractive managerial roles across a range of businesses. 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.
Business development manager- Business development managers are the professionals who are responsible for managing the sales and marketing of a product or service. BD Managers are required to supervise and lead a team of executives who target companies, government agencies, or organisations to sell their products or services.
Business Analyst - Business Analysts are the 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 how to produce a more efficient business plan in action.
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.
Investment Banker - Investment Bankers are professionals who work in the field of banking and help organisations or individuals raise funds for the capital markets by selling equity or issuing debts in the organisation.
Financial Planner - Financial planners working in MNCs are the professionals who are responsible for deciding the financial goal in terms of profit and investment for a company quarterly and yearly. Financial planners analyse factors such as estimated targets, and risk tolerances and decide a suitable investment plan for the organisation.
The advantages of an MBA in international business over other specialities are numerous. Candidates have access to job opportunities from all over the world because the degree includes worldwide business management. Along with the opportunity for an international business existence, the field offers the best salaries for managerial positions. Candidates with a master's in international business have the option of working overseas, benefit from greater networking opportunities, and earn a good salary.
Job Profiles | Average Salary |
---|---|
Business Development Manager | Rs. 7.3 LPA |
Business Analyst | Rs. 9.6 LPA |
Project Manager | Rs. 17.3 LPA |
Investment Banker | Rs. 16.5 LPA |
Financial Planner | Rs. 3.8LPA |
Source: Ambitionbox
Students who choose to pursue an MBA in International Business have various benefits over other specialisations. Since the degree covers international aspects of business management, candidates are open to receiving career opportunities from all around the globe. The field offers the highest salary for managerial roles along with the chance to have an international corporate life.
MBA in International Business is offered by a number of educational institutions in India. Entrance is based on prior academic achievements and admission test scores. There are several leading MBAs in International Business colleges in India. In the table below, we have mentioned the popular MBA in International Business colleges and the MBA in International Business fees.
Colleges | Fees |
---|---|
Rs. 90,000 | |
Rs. 24.21 Lakhs | |
Rs. 17.34 Lakhs | |
Rs. 17.80 Lakhs | |
Rs. 2.36 Lakhs | |
Rs. 41,630 | |
Rs. 20.97 Lakhs | |
Rs. 99,290 | |
Rs. 4 Lakhs | |
Rs. 4 Lakhs |
The private colleges in India offering MBA in International Business courses are performing well in terms of academic performance. The MBA in International Business admission process is done through the entrance tests. In the table below we have mentioned the private MBA in International Business colleges and MBA in International Business fees:
Colleges | Fees |
---|---|
GITAM Institute of Technology, Visakhapatnam | Rs. 90,000 |
Universal Business School, Raigad | Rs. 24.21 Lakhs |
TAPMI Manipal | Rs. 17.34 Lakhs |
SIIB Pune | Rs. 17.80 Lakhs |
Prestige Institute of Management and Research, Indore | Rs. 2.36 Lakhs |
Government-run college is less expensive than the private MBA in International Business college. MBA in International Business colleges are well-known throughout India for their high academic standards. Some of the greatest government MBA in International Business colleges and MBA in International Business fees are listed below:
Colleges | Fees |
---|---|
University Business School, Panjab University, Chandigarh | Rs. 41,630 |
Indian Institute of Foreign Trade, Kolkata | Rs. 20.97 Lakhs |
IM BHU | Rs. 99,290 |
Marine Engineering and Research Institute, Kolkata | Rs. 4 Lakhs |
Indian Maritime University, Kolkata Campus | Rs. 4 Lakhs |
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 theighlights - MBA International Businessoretical and practical understanding of international business.
MBA in International Business covers different modules of business such as general management, marketing, finance, operations, logistics and supply chain management from an international aspect. With a degree in MBA International Business, students get to work with business in India and overseas, experiencing a wide range of dynamics at different levels.
Students must have completed their graduation and must qualify the entrance exam followed by a group discussion and personal interview.
Various institutes offer admission to students based on their entrance exam score and bachelors degree. Whereas other institutes follow a three-stage screening process of entrance exam followed by group discussion and a personal interview.
The top-level salary for a professional with more than five years of experience is around Rs. 1.5 Lakh per annum. The salary could be more or less if someone is working abroad.
Not all professionals in international business work from abroad. However, if you are interested in working from a certain country, it is possible to get a job there.
Graduates from MBA in International Business are offered with 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 in top MNCs or can choose to pursue doctoral/ research degree in management.
Companies such as TCS, JP Morgan Chase and Co., WNS Global Services, Accenture 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.