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Master of International Business (MIB)

Updated By Yash Dhamija on 25 Nov, 2020
Average Duration
2 years
Average Fee
30 K-6 L INR annual

About Master of International Business

Master of International Business is a two-year postgraduate program available for the candidates who are interested in business-related activities. Candidates who have completed their bachelor may choose this program. The program trains students for management of challenges arising from coordinating, controlling and planning business activities internationally. The program also grooms candidates with business strategies and managing a business at the international level. Although the program is available for all the graduate students, candidates who own business skills and who are interested in handling business-related activities of companies internationally are the perfect candidates for this program

The first three semesters of the Master of International Business degree program involves theoretical learning while the final semester involves a six month internship period where the candidates are exposed to real-life situations. Some of the major subjects which will be covered in this course are Global Supply Chain Management,  Global Strategic Management, International Marketing, Macroeconomics, International Finance and International Law. Besides this, many Master of International Business offering colleges available in India offers an additional certification with the program. 

Master of International Business Highlights

Check out all important details about the Master of International Business from the table given below.

Level

PostGraduate

Duration

2 Years

Exam Type

Semester

Minimum Qualification Requirement

Bachelor Degree 

Average Initial Salary

INR 2 to 14 lacs per annum

Selection Process

Entrance Exam

Minimum Aggregate Score Requirement

50%-55%

Major Recruiters

JP Morgan Chase & Co, Goldman, Sachs & Co, Citi, Booz & Company, Accenture, Johnson & Johnson, McKinsey & Company, Boston Consulting Group, Bain & Company, Merrill Lynch & Co, Deloitte Consulting LLP, UBS, Bank of America, Lehman Brothers, Credit Suisse, Deutsche Bank, Morgan Stanley, Microsoft Corporation etc.

Master of International Business Eligibility Criteria

Candidates who want to apply for the Master of International Business program must have cleared the B.Com, BBA or any undergraduate program. Besides this, the candidate must have scored at least 45-50% marks in the qualifying degree. The minimum percentage requirement will vary from college to college. Candidates may check the information brochure of the college to know all the requirements.

Master of International Business Admission Process

Admission to the Master of International Business program will be done on the basis of the selection process decided by the institute. Some of the colleges will provide admission directly on the basis of merit in the qualifying examination while some of the colleges will require scores in the 12th examination as well. Candidates must be well aware of the admission requirements of the college before applying for admission. They can apply directly to the website of the college for admissions. 

Master of International Business Entrance Exam

Some of the Master of International Business offering colleges will provide admission on the basis of candidates grades in the entrance examination. Candidates will have to appear of the entrance examination required by the candidates. The entrance examination will test candidates on the basis of its problems solving skills and management skills. Some of the entrance exam available for admission in the program are provided below.

CAT

IIMs and Most of the top league b schools

MAT

Institutes/ Colleges under AIMA

CUSAT CAT

Admission to the Cochin University

CMAT

Some of the management colleges in India

Master of International Business Syllabus

Semester wise break up of Master of International Business Syllabus is provided below.

Semester 1

Semester 2

Business Environment

Accounting for Managerial Decisions

Financial and Cost Accounting

Computer Application in Business

Financial Management

Foreign Languages1

Management Concepts and Organizational Behaviour

Foreign Trade Policy

Managerial Economics

International Business Environment

Marketing Management

International Marketing

Statistical Analysis

International Marketing Research

Semester 3

Semester 4

E-Commerce

International Business Laws and Taxation

Export-Import Procedure & Documentation

International Finance

Foreign Languages 2

International Management

International Logistics

Internet and Web Designing

Operations Research

Project Report and Viva-Voice

Services Marketing and Customer Relationship Management

Strategic Management

Training Report & Presentation

Thrust Products and Markets

Want to know more about

Master of International Business?

Master of International Business Career Options and Job Prospects

International Business is rich in employment opportunities. Candidates who have cleared the Master of International Business may apply fo many companies. foreign investing firms, international organizations, businesses, government bodies and others after the completion of the program. Besides this, candidates may also apply for government jobs as well. Candidates who have some experience in the field of International Business may also apply for a job at international organizations such as the International Monetary Fund (IMF), World Bank, Asian Development Bank (ADB). Some of the major job profiles where the candidates may apply after clearing the Master of International Business are provided below.

  • Business Development Executive
  • International Business Developer Executive
  • Business Development Specialist
  • Business Development Manager
  • International Business Developer
  • Teacher & Lecturer

Besides this, they may apply to any of the areas such as:

  • Banking Sector
  • Marketing Areas
  • Finance Sector
  • Research & Educational Institutes
  • Trade Companies

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FAQs about Master of International Business

I want admission in Master of International Business. Do I have to clear any exams for that ?

Delhi University Arts , Delhi University Science are some of the exams that you can appear for to get admission in Master of International Business courses.

What are the top colleges offering Master of International Business courses ?

Following are some of the top colleges offering Management courses : Indian Institute of Management (Lucknow) , S.P. Jain Institute of Management and Research (Mumbai) , Indian Institute of Technology (Chennai) , Jamnalal Bajaj Institute of Management Studies (Mumbai) , Indian Institute of Management Ahmedabad (Ahmedabad). You can explore these colleges on our website to check if they offer Master of International Business or not.

What is the average fee for the course Master of International Business ?

The average fee for Master of International Business is INR 2,50,000 per year.

What are the popular specializations related to Master of International Business ?

Some of the popular specializations for M.I.B. (Master of Internation Business) are : Business Studies , Cloud Computing , International Business , Insurance & Actuarial Science , Pharmaceutical Management.

What is the duration of the course Master of International Business ?

Master of International Business is a 2 year course.

Get details of best colleges for MIB.

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