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    MBA in International Business

    MBA - International Business Highlights

    • Average Duration

      1 - 2 years

    • Courses Type

      Regular

    • Avg. Fees (Annually)

      90 K - 12.5 L INR

    MBA in International Business Overview

    Master of Business Administration International Business or MBA in International Business is a two-year postgraduate program that encompasses topics such as International Trade Operations, International Economics, International Marketing Management, International Trade Logistics & Sourcing, and many more. Professionals with 2-5 years of work experience who want to launch or accelerate a career in International Business can opt for an MBA International Business course.

    An MBA in International Business is analogous to a regular MBA degree, but it provides a deeper insight into the global challenges faced by companies, foreign markets, global economics, and cross-border relationships, as well as the leadership and communication skills necessary to thrive in multinational corporations

    The subjects that come under the purview of MBA International Business courses are Business Research Methods, Business Economics, Corporate Ethics and Governance, Entrepreneurship, etc. Admission into MBA International Business depends on a candidate’s score in nationalized entrance exams like  CAT, CMAT, IIFT, XAT, etc. Some of the top colleges to pursue this course include IIM Kolkata, IIM Lucknow, SIIB Pune, PIMR Indore, and BIMTECH Greater Noida. The course can cost anywhere between INR 10,00,000 and INR 25,00,000 in total.

    MBA in International Business Course Highlights

    The table below demonstrates the most significant highlights of the MBA International Business program:

    Particulars

    Details

    MBA International Business Course-level

    Post-graduate

    Course Duration

    2 years

    MBA International Business Eligibility

    Bachelor’s degree with a minimum aggregate score of 50-60%

    Admission Process

    Entrance Exam + Group Discussion + Personal Interview 

    Entrance Exams

    CAT, CMAT, XAT, NMAT, GMAT, SNAP, IIFT

    Cutoff

    Highest - 98 percentile (CAT)

    Average - 90 percentile (CAT)

    Types of Programmes

    Full Time, Part Time, Distance, Online

    Course Syllabus

    Corporate Finance, Marketing Management, Accounting for Managers, Legal Framework of Business, International Trade & Policy Framework, Operation Research for Business Decision, Entrepreneurship & New Venture Planning, Business Research Methods, Business Economics, Corporate Ethics & Governance, Entrepreneurship, Human Resource Management

    Course Fees

    INR 10 Lakh to INR 25 Lakh

    MBA International Business Average Salary

    INR 7.4 Lakh to 9 Lakh Per Annum

    Job Profiles

    Business Analyst, Project Manager, Area Sales Manager, Business Development Executive, Operations Manager

     

    Why Choose MBA in International Business?

    Listed below are some of the reasons why an individual must study MBA in International Business:

    • Individuals may pursue an MBA in International Business course after gaining a minimum of 2-5 years of professional experience. It is ideal for students seeking to accelerate a career in International Business and those who wish to position themselves as business professionals in a global scenario.
    • Since MBA International Business is an expensive programme, it must be pursued only when an individual has a significant amount of funding or financial support. Otherwise, he might have to face a lack of funds while pursuing the course and undergo a semester loss.
    • Individuals must pursue the MBA International Business programme when they are ready to play a valuable role for companies that are involved in foreign trade both physical goods and services including inbound or outbound flow in foreign direct investment (FDI)
    • An MBA International Business course increases one’s cultural awareness.
    • Individuals desiring to attain a new perspective, and improve emotional intelligence and cultural awareness should pursue an MBA International Business. For instance, international sales strategies often discuss how various parts of the world react to things like tipping, bulk purchasing, and similar. 
    • Students wishing to fulfil their entrepreneurial ambitions must study for an MBA International Business because it deals with the operations of multinational organisations, their strategy, management relationships, and governance. 
    • The MBA International Business programme is for students who aim to establish themselves as competent business executives/managers to meet the growing demands in the field of International Management. 
    • Professionals may expect a salary boost after obtaining an MBA International Business degree. An international marketing manager can expect to earn USD 95k a year, while an international finance manager can make around USD 97k per year.

    Types of MBA International Business Courses

    Different types and modes of MBA International Business courses are available that are directed to specific sections of students or working professionals. The various types of MBA International Business courses have been tabulated below:

    Type of Course

    Duration

    Highlights

    Full-Time MBA International Business

    2 Years


     
    • It is a foundational course that imparts knowledge of the global challenges companies face, looking at international boundaries, trade, global economics, and how to negotiate with diverse cultures. 
    • Foreign Policies, Trade, Foreign Investments, Export Management, and Forex Risk Management come under the purview of MBA International Business.
    • The average salary ranges from INR 4 to 8 lakhs per annum.

    Part-Time MBA International Business

    2-3 Years

    • A part-time MBA International Business course is a perfect fit for applicants who work full-time and don't yet hold leadership positions. These students tend to be 25 to 33-year-old.
    • Working professionals take MBA International Business classes after work, either in the evenings or on weekends. 
    • The course fee ranges from INR 80,000 - INR 3 lakhs for 2 years.
    • The top recruiters are IBM, HSBC, Citi Bank, ICICI Bank, HDFC Bank, Amazon, Google, etc.

    Executive MBA International Business

    1 Year

    • A valid GMAT or CAT score is required.
    • The 1-year MBA is better suited to candidates with strong quantitative backgrounds such as economics.
    • The average work experience is slightly greater than 5 years going up to 10 years.
    • The course fees are significantly high, starting from INR 20 lakhs.

    Online MBA International Business

    2-4 Years

    • Online MBA International Business is an excellent option for working professionals who are not willing to quit their jobs for pursuing a degree and cannot attend regular classes because of its increased flexibility and access to unlimited resources. 
    • Online MBA International Business has been approved by UGC, DEB, AICTE, and NAAC.
    • The average academic fee per semester is Rs. 30,000.
    • Online MBA International Business is offered by top management universities like Chandigarh University, UPES, D.Y. Patil Vidyapeeth, etc. 

    Distance MBA International Business 

    2 Years
    • It is approved by UGC-DEB and AICTE. 
    • Candidates do not need to attend regular classes.
    • The fee for distance MBA International Business ranges from 20,000- 2,00,000 per annum.
    • It is a low-cost and affordable course ensuring proper time management.

    List of Popular MBA in International Business Specializations

    The most common courses found within MBA in International Business include:

    1. Operations Management

    Operations management (OM) is the administration of business practices to create the highest level of efficiency possible within an organization. It is concerned with converting materials and labor into goods and services as efficiently as possible to maximize the profit of an organization.

    2. Accounting for Managers

    It enhances students' skills in financial planning, control, decision-making, and problem-solving. Students receive special training to become strategic partners by using business sense, Accounting principles, and Financial data to help executives make sound decisions.

    3. International Business

    It focuses on key business disciplines within an international context like introducing the foundations of Finance, Marketing, Supply Chain, Human Resources, Operations, etc. 

    4. Finance for Managers

    It involves planning for the future by understanding the cash flow and financial goals. It helps one to make better financial decisions and manage the risk involved in things like investments and emergencies.

    5. Human Resource Management

    It is the practice of recruiting, hiring, deploying, and managing an organization's employees. It deals with creating, putting into effect, and overseeing policies governing workers and the relationship of the organization with its employees.

    MBA in International Business Eligibility Criteria

    Candidates must meet the following eligibility requirements in order to pursue an MBA International Business course:

    • Bachelor’s degree of minimum 3 years duration in any discipline from a recognized university with minimum aggregate marks of 60%. 
    • Reserved category candidates (SC/STs) can avail themselves of a relaxation of 5%. 
    • Preferred bachelor’s degree programs are BBA, B Tech., and B Com.
    • Candidates should also qualify for any nationalized entrance examination such as CAT/MAT/GMAT/XAT/CMAT, etc. 
    • A minimum of 2 years of full-time experience is required.
    • Candidates qualifying for the national-level entrance exams will be called for a group discussion and personal interview (GD+PI).
    • Candidates would also have to furnish IELTS/TOEFL/PTE scores to apply for an MBA International Business course abroad.

    MBA International Business Course Curriculum

    The curriculum for an MBA International Business course can be segregated into core, specialized, and elective courses:

    Type of Course

    Subjects
     

    Core Course

    • International Economics
    • International Accounting
    • International Marketing
    • International Management
    • International Finance
    • International Human Resource Management
     

    Specialized Course

    • Intercultural Communications
    • Supply Chain Management
    • International Business Law
    • Seminar in International Business
    • International Business Capstone Course
     

    Elective Course

    • Corporate Social Responsibility and Ethics
    • Entrepreneurial Innovation
    • Entrepreneurial Forecasting and Planning
    • Intellectual Property
    • Entrepreneurial Strategy
    • Sustainable Enterprise Development and Leadership

    MBA in International Business Course Syllabus - Semester Wise

    The MBA in International Business course syllabus for all four semesters has been tabulated below:

    Semester I

    Semester II

    Principles of Management 

    Human Resource Management

    Managerial Communication

    International Business Environment

    Financial Reporting & Analysis

    Operation Research for Business Decision

    Organizational Behaviour

    Corporate Finance

    Marketing Management 

    Business Research Methods

    Economic Analysis for Business Decision

    Production & Operations Management

    Quantitative Techniques for Business Decision

    International Trade & Policy Framework

    Information Technology for Managers

    Internet Security & Cyber Laws

    Accounting for Managers

               - 

    Corporate Governance & Social Responsibility of Business

               -

    Entrepreneurship & New Venture Planning

               -

    Semester III

    Semester IV

    International Marketing

    Global Strategic Management

    International Financial Management

    International Marketing Research

    Foreign Language for Business - 1

    Foreign Language for Business - 2

    International Supply Chain Management & Logistics

    International Human Resource Management

    Service Marketing & Customer Relationship Management

    International Advertising & Brand Management

    International Trade Practices, Procedures & Documentation

    Cross-Cultural Consumer & Industrial Buyer Behaviour

    Difference Between MBA in International Business and Master of International Business

    The differences between MBA in International Business and Master of International Business Programs have been tabulated below:

    Aspect

    MBA International Business

    Master of International Business

    Career Goals

    MBA International Business is an advanced management degree. The curriculum for MBA International Business touches almost every aspect of a business: Accounting, Strategy, Legal, Marketing, Organizational Behavior, etc. MBA International Business gives one the knowledge and skills for general management that can be applied to any department.

    A Master of International Business program is highly specialized and focuses more on business development. Every course is taught from a global business perspective. One builds a new foundation of knowledge and learns about different laws, economies, and cultures.

          Curriculum

    MBA International Business curriculum includes:

    • Accounting for Managers
    • Business Analysis and Decision Making
    • Corporate Finance
    • Corporate Simulation
    • Financial Reporting and Analysis
    • Global Financial Strategy

    Master of International Business curriculum includes:

    • Fundamentals of International Business
    • Global Megatrends, Geopolitics, and Political Economy
    • Global Management Skills
    • Global Start-Up
    • Global Strategy and Business Models

    Time-Formats

    The MBA International Business curriculum consists of 42 credits and is to be completed in 12 months. Candidates have to be full-time students taking daytime classes.

    The MIB is a smaller course with 30 credits that allow students to complete it face-to-face or online. 

    How to Get Admission into MBA International Business Courses

    Admission to MBA International Business can be done in two ways: direct admission and securing valid scores in CAT, XAT, MAT, or other national-level MBA exams.

    Admission into MBA International Business Through Entrance Exams

    • A Computer Based Test (CAT/MAT/XAT/GMAT/SNAP/IIFT) is organized in various cities across the country.
    • Shortlisted candidates will be called for Writing Skills Assessment, Group Discussion/Extempore and Interview to be held.
    • Admissions of foreign nationals/NRIs are conducted on the basis of GMAT scores and interview.

    Direct Admission into MBA International Business

    • Students should score at least 50% in their graduation from any discipline.
    • Individuals having some work experience between 2-5 years will be preferred.
    • Students can also take admission from the management quota or Institute level quota seats with a minimum aggregate of 50% marks in their bachelor’s.  

    MBA International Business Entrance Exams

    Here are the top entrance exams one can take to get admission into MBA International Business courses in India:

    1. GMAT

    GMAT (Graduate Management Admission Test) is conducted by GMAC for admission to more than 7,700 programmes in various Business Schools around the world. The GMAT lasts nearly 3 hours and 7 minutes.

    2. CAT

    CAT (Common Admission Test) is a qualifying exam for admission to MBA, PGDM, and other PG-level management courses in India. The eligibility for taking the CAT exam is 50% marks in graduation, for reserved categories the qualifying marks are relaxed up to 5%. The test consists of three sections: Verbal Ability and Reading Comprehension (VARC), Data Interpretation and Logical Reasoning (DILR), and Quantitative Ability (QA). The exam is taken online over a period of 2 hours, with 40 minutes per section. 

    3. XAT

    The Xavier Aptitude Test is a national-level aptitude test conducted by XLRI Jamshedpur for admission in MBA/PGDM programmes in XLRI and other top MBA colleges like XIMB, IMT Ghaziabad, TAPMI Manipal, etc. The exam duration is 3 hours and 10 minutes. The syllabus encompasses Verbal and Logical Ability, Decision Making, and Quantitative Ability Data Interpretation in part one and General Knowledge and Essay in part two. 

    4. SNAP

    Symbiosis National Aptitude Test or SNAP Test is a common aptitude test conducted by Symbiosis International (Deemed) University for admission to the MBA/PGDM programmes. The exam is conducted once a year. The duration of the exam is 60 minutes or 1 hour. 

    5. IIFT

    The IIFT exam is a management aptitude test that must be taken by students to seek admission to the MBA International Business course offered by the Indian Institute of Foreign Trade (IIFT) Delhi, Kolkata and Kakinada. The National Testing Agency (NTA) is responsible for conducting the IIFT exam on behalf of the institute. It is a computer-based test that lasts no longer than an hour.

    Top MBA International Business Colleges in India

    The most renowned colleges in India offering MBA International Business and the entrance exams accepted by them have been tabulated below:

    Name of the Institute

    Exam Accepted

    School of Business, University of Petroleum and Energy Studies, Dehradun

    CAT, CMAT, NMAT by GMAC, XAT, MAT, UPESMET exam

    Christ University, Bangalore

    CAT, CMAT, XAT, MAT, ATMA, GMAT

    FMS BHU

    CAT

    MDI Gurgaon

    CAT

    SIIB Pune

    SNAP

    MITSOM Pune

    CAT, CMAT, XAT, MAT, GMAT, MAH MBA CET

    IFIM Business School, Bangalore

    CAT, CMAT, XAT, MAT, ATMA, GMAT

    Ajeenkya DY Patil University, Pune

    CAT, CMAT, XAT, MAT, ATMA, GMAT

    PIMR Indore

    CMAT

    BIMTECH Greater Noida

    CAT, CMAT, XAT, GMAT

    MBA International Business Courses Offered by IIMs and Other Colleges

    The courses offered by IIMs and other institutes as a part of the MBA International Business curriculum have been tabulated below:

    Name of the College

    Courses Offered

    Duration

    IIM Calcutta

    CEMS Masters in International Management (CEMS-MIM)

    1 Year (Full-Time)

    IIM Lucknow

    International Programme in Management for Executives (IPMX)

    1 Year (Full-Time)

    SIIB Pune

    MBA International Business

    2 Years (Full-Time)

    Indian Institute of Foreign Trade (IIFT) Delhi/Kolkata

    MBA International Business

    2 Years (Full-Time)

    MDI Gurgaon

    PGP International Management

    2 Years (Full-Time)

    FORE School of Management, New Delhi

    PGDM - International Business

    2 Years (Full-Time)

    MBA International Business Course Fee in India

    MBA International Business course fees range from INR 40,000 to INR 27,00,000 in India. The most renowned colleges in India offering MBA International Business along with their course fees have been tabulated below:

    MBA International Business Scope in India

    Pursuing an MBA in International Business in India is highly lucrative. It has been estimated that the growth in the international business sector in India is more than 7% annually.

    An MBA International Business helps in recognizing the functioning of businesses, identifying potential business opportunities, the evolution of business enterprises, and exploring entrepreneurial opportunities. MBA International Business graduates can seek employment in both private and government sectors. 

    An MBA International Business enables an individual to join the international market department of the companies, international placement offices, import and export departments of companies, global shipping companies, global tourism sector, international consultancy firms, and international logistics & courier companies.

    The top recruiters of the MBA International Business are the following:

    • McKinsey & Company
    • Boston Consulting Group
    • Deloitte Consulting LLP
    • JP Morgan Chase & Co
    • Goldman, Sachs & Co
    • Citi Bank
    • Accenture
    • Credit Suisse
    • Deutsche Bank
    • Morgan Stanley
    • Bank of America
    • Johnson & Johnson
    • Microsoft Corporation

    Career Options and Job Prospects after MBA in International Business

    With an MBA in International Business degree, an individual can choose any of the following career roles.

    Career Options

    Job Description

    Career as a Risk Management Director

    They develop and administer risk management programs, create and modify policies to comply with safety legislation and industry practices, and coordinate and develop organization-wide programs for risk-free services.

    Career as a Project Manager

    They are in charge of planning, budgeting, monitoring, and reporting the project with the use of various project management methodologies, such as blockchain and Lean Six Sigma.

    Career as a Brand Manager

    They oversee a wide array of business functions including branding, communication channels, product development, online and offline promotions, and market research. 

    Career as a Global Business Manager

    They maximize the profits of the company and increase demand in the international market, provide demand estimates through the study of international trends, and for business deals and negotiate contracts with vendors as well as clients. etc.

    Career as an Investment Banker

    They are finance professionals who work with companies, individuals, and governments to help them raise capital by issuing stocks or borrowing money. They provide financial advice during critical financial transactions like mergers and acquisitions.

    Average Salaries for MBA International Business Job Profile

    According to Payscale, the average annual compensation for holders of an MBA International Business is INR 7.91 LPA. However, for graduates from eminent B-Schools, the salary package can rise up to INR 12 LPA. The job profiles and salary packages for MBA International Business graduates have been tabulated below: 

    Job Profile

    Average Annual Salary Package (in INR)

    Marketing Sales Director

    24,90,000

    Risk Management Director

    42,50,000

    Corporate Auditing Director

    30,33,000

    International Finance Manager

    20,00,000

    Global Business Manager

    27,40,000

    Real Estate Development Manager

    44,48,646

    Supply Chain Management Director

    32,79,000

    Investment Banker

    44,00,000

    Export Manager

    18,08,000

    Business Development Manager

    5,03,000

    Required Skillset for MBA International Business

    Apart from Business Knowledge, Strategic thinking, Planning Skills, etc., candidates aspiring to pursue MBA International Business course must be equipped with the following important skills:

    • Communication Skills: An individual must possess excellent verbal and written communication skills and the ability to convince others. Being proficient in the language spoken by potential employers, partners, suppliers, and customers serves as an advantage. 
    • Leadership Skills: Candidates must be equipped with strong leadership skills. Individuals with great leadership skills empower teams to achieve their full potential, make decisions, and strategize well to help organizations thrive. 
    • Emotional Intelligence: Self-awareness, that is, understanding one’s strengths, weaknesses, emotions, beliefs, motivations, etc., and understanding others’ personal experiences and emotions is crucial.
    • Analytical Skills: For managerial roles, candidates need to develop the skills of analyzing certain situations and enhancing their problem-solving skills. It also includes the ability to apply proper logical thinking that can break any complex problem into simpler parts and then provide solutions for them.

    A few more crucial skills required to become a successful MBA International Business professional are also listed below:

    • Mathematical Proficiency
    • Critical Thinking Abilities
    • Excellent networking abilities
    • Collaboration
    • Interpersonal Skills
    • Adaptive Thinking

    Study MBA International Business Abroad

    An international MBA IB degree is a sought after credential by many individuals for the following reasons:

    • The average annual compensation for individuals graduating with MBA International Business from distinguished foreign institutions is significantly higher than those graduating from Indian universities. 
    • An international MBA IB degree provides a detailed understanding of how business is conducted in different countries and cultures. It also enables the candidates to examine how markets and business management practices have been impacted by the increased connectedness of the world.
    • An individual pursuing an MBA International Business abroad can build an international network of professionals. 
    • An international MBA IB degree helps to impress the recruiters by proving the candidate’s ability to take on challenges and handle change. Hence, it increases one’s employability.

    Top MBA International Business Colleges Abroad

    In order to get selected for pursuing an MBA International Business course abroad, it is mandatory for the candidates to score 50-55% or above in graduation degree, and get a good GMAT or GRE score and English language proficiency tests like IELTS and TOEFL. Also, students must have a work experience of at least two years. Besides, students have to submit their academic resume, MBA essays ad statement of purpose to be eligible for admission.

    Name of the College

    Location

    Yale University

    United States

    New York University

    United States

    Southeast Missouri State University

    United States

    Kieser University

    United States

    University of Portsmouth

    United Kingdom 

    London South Bank University

    United Kingdom

    University of Greenwich

    United Kingdom

    University of Birmingham

    United Kingdom

    Coventry University

    United Kingdom 

    University of Newcastle

    Australia

    Deakin University

    Australia

    University of Sydney

    Australia

    University of Alberta

    Canada

    University of Regina

    Canada

    Queen’s University, Kingston

    Canada

    FAQs about MBA IB

    What is an MBA in International Business?

    MBA International Business is a programme that helps to train students and develop their skills to focus on the field of international business. The course calls for a professional approach and sensitivity to the international business environment. The programmes are designed in a way to provide all the necessary areas and disciplines related to international business.

    Is there any scope in MBA International Business?

    Yes, there is good scope and opportunity in MBA International Business. It provides lucrative career opportunities to graduates while exposing them to the benefits of global business contexts. It will also build graduates for different leadership functions across cultures.

    What does MBA International Business teach?

    The MBA International Business will teach you the challenges faced by global companies, foreign markets, global economies, and cross-border business relations. Moreover, you will get an insight into the leadership and communication skills that will help you to thrive in the global industry.

    What are the areas of MBA in International Business?

    The areas of MBA International Business include:

    • Working in foreign business and trade
    • Global supply chain management
    • Managing projects for international companies
    • Working in import and export departments
    • Investment banking positions
    • Working in the global tourism business

    Can I do MBA International Business after Class 12th?

    No, you cannot pursue MBA International Business after class 12. It is a postgraduate-level programme and requires candidates to have at least a bachelor’s degree. Apart from that, they also need to qualify for national-level, state-level or institute-level entrance examinations to finally get into the merit list. 

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    Related Questions

    Is it good to pursue MBA in International Business after BHM?
    -Prisha -Updated on Dec-02-20213 Answers
    P

    Prisha Yadav, Student / Alumni

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