Hey Ruchika!

The pros of MBA-IB are 

1. In the first year, you got to learn basics of almost all dimensions whether finance, marketing or trade. 

2. While you have an option to choose more than one major in the second year. For instance- if you like Finance and international trade, you can choose both of them. 

3. Then, if you choose International trade; it opens your door to abroad, even if you are a fresher. Plus, the pay package will be highest out of all the domains. 

And, from my own personal experience. There are no cons, except for the fact, the academic course hours will be a bit more. 

Moreover, if you want to do International Business, IIFT is the best in India. So, prepare well and ace it.