MBA in International Business is a two-year postgraduate programme best suited for individuals who want to launch or accelerate a career in International Business. An MBA in International Business course provides a deeper insight into the global challenges faced by companies, foreign markets, global economics, and cross-border relationships.
MBA in International Business subjects includes subjects like Business Research Methods, Business Economics, Corporate Ethics and Governance, Entrepreneurship, etc. Admission into MBA in International Business course in most colleges is offered based on a candidate’s score in entrance exams like CAT, CMAT, IIFT, XAT, etc. However, some colleges also offer direct admission based on a candidate's academic qualifications. Some of the top colleges to pursue an MBA in International Business include IIM Kolkata, IIM Lucknow, SIIB Pune, PIMR Indore, and BIMTECH Greater Noida.
The MBA in International Business course can cost anywhere between INR 10,00,000 and INR 25,00,000 in total. After completing the MBA in International Business, graduates can find various career opportunities including Risk Manager, Product Manager, Brand Manager, Global Business Manager, Investment Banker, etc. The average MBA in International Business salary can be between INR 7.4 Lakh to 9 Lakh per annum. Get the complete details about MBA in International Business course below.
The table below demonstrates the most significant highlights of the MBA in International Business program.
|MBA in International Business Course Level||Postgraduate|
|Course Duration||2 Years|
|Types of Courses||Full Time, Part Time, Distance, Online|
|MBA International Business Eligibility|
|Entrance Exams||CAT, CMAT, XAT, NMAT by GMAC, GMAT, SNAP, IIFT|
|Top MBA in International Business Colleges||IIM Kolkata, IIM Lucknow, SIIB Pune, Christ University, FMS BHU, MDI Gurgaon, SIIB Pune, etc.|
|Average MBA in International Business Fees||INR 10 Lakh to INR 25 Lakh|
|Top MBA in International Business Jobs||Business Analyst, Project Manager, Area Sales Manager, Business Development Executive, Operations Manager, etc.|
|Average MBA in International Business Salary||INR 7.4 LPA to 15 LPA|
|Top MBA in International Business Recruiters||McKinsey & Company, Boston Consulting Group, Deloitte Consulting LLP, JP Morgan Chase & Co, Goldman Sachs & Co, Citi Bank, Accenture, Credit Suisse, Deutsche Bank, etc.|
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.
Professionals may expect a salary boost after obtaining an MBA in 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.
A professional MBA in International Business course helps enhance one's career prospects by focusing on the development of soft skills like communication skills, networking, management and leadership skills, and so on.
Recognized and renowned across the globe, MBA in International Business shall not only help in building networks but also gain insights into global marketing and business behaviors.
MBA in IB offers a great number of opportunities, from international business developers to import or export consultants. Graduates get several options at the regional, national, and international levels.
The MBA in International Business course is targeted towards a very specific group of management aspirants. A typical MBA course helps students learn more about business administration in general without putting much emphasis on the type of business whatsoever. That being said, an MBA in International Business is solely based on teaching students the ins and outs of organizations that are engaged in business across different countries. Therefore, anyone interested in learning the differences between global business and international business may enroll in MBA in International Business.
There are several advantages to selecting an MBA in International Business course. The course is very modern and up-to-date in terms of both its length and its teaching style. Since most major organizations and companies are engaged in businesses that have their roots in multiple nations, an MBA with a specialization in International Business is quite a sought-after qualification in the current job market. Also, such a course can be pursued in online mode for working professionals who wish to upskill themselves but cannot invest the time required for a full-time MBA degree.
The ability to manage a business that operates on a global scale should be something that candidates are interested in learning if they wish to pursue such a course. One of the primary requirements for candidates of an MBA in International Business is a zeal to work towards enhancing the quality of business and administration of multinational organizations. Good interpersonal skills are also a mandatory requirement for such courses since aspirants will have to converse with different groups of people and stakeholders engaged with their organization on a daily basis. MBA in International Business course is designed for those who are already knowledgeable in the theories and concepts of the corporate world and individuals who want to deal with situations on a global scale.
Different types and modes of MBA in International Business courses are available that are directed to specific sections of students or working professionals. The various types of MBA in International Business courses have been tabulated below:
|Type of Course||Duration||Highlights|
|Full-Time MBA in International Business||2 Years|
|Part-Time MBA in International Business||2-3 Years|
|Executive MBA in International Business||1 Year|
|Online MBA in International Business||2-4 Years|
|Distance MBA in International Business||2 Years|
The MBA in International Business course syllabus for all four semesters has been tabulated below:
|Semester I||Semester II||Semester III||Semester IV|
|Principles of Management||Human Resource Management||International Marketing||Global Strategic Management|
|Managerial Communication||International Business Environment||International Financial Management||International Marketing Research|
|Financial Reporting & Analysis||Operation Research for Business Decision||Foreign Language for Business - 1||Foreign Language for Business - 2|
|Organizational Behaviour||Corporate Finance||International Supply Chain Management & Logistics||International Human Resource Management|
|Marketing Management||Business Research Methods||Service Marketing & Customer Relationship Management||International Advertising & Brand Management|
|Economic Analysis for Business Decision||Production & Operations Management||International Trade Practices, Procedures & Documentation||Cross-Cultural Consumer & Industrial Buyer Behaviour|
|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||-||-||-|
The curriculum for an MBA in International Business course can be segregated into core, specialized, and elective courses:
|Type of Course||Subjects|
Candidates must meet the following eligibility requirements in order to pursue an MBA in International Business course:
Here are the top entrance exams one can take to get admission into MBA in International Business courses in India.
|Name of the Entrance Exam||Details|
|CAT (Common Admission Test)||CAT is the most popular MBA entrance exam in India conducted by IIMs for admission into MBA, PGDM, and other PG-level management courses. 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.|
|GMAT (Graduate Management Admission Test)||GMAT is an international-level management entrance exam conducted for admission into more than 7,700 programmes in various Business Schools around the world. by GMAC (Graduate Management Admission Council) is responsible for conducting the exam. The GMAT lasts nearly 3 hours and 7 minutes and is held all around the year.|
|XAT (Xavier Aptitude Test)||XAT 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.|
|SNAP (Symbiosis National Aptitude Test)||SNAP 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.|
|IIFT Entrance Exam||The IIFT entrance exam is a management aptitude test that must be taken by students to seek admission to the MBA in 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.|
|CMAT (Common Management Admission Test)||CMAT is the second most popular management entrance exam after CAT in India. More than 1.5 lakh candidates appear in the CMAT exam every year. Conducted by the National Testing Agency, CMAT is a computer-based exam, held for 180 minutes. More than 1,000 MBA colleges in India accept CMAT scores for admission.|
|NMAT (NMIMS Management Aptitude Test)||NMAT is a computer-based exam, held between October and December over a 75-day testing window. Students have the option to schedule the exam at their convenience. NMAT by GMAC is conducted for a duration of 120 minutes and the question paper has 108 MCQs. The Graduate Management Admission Council is responsible for conducting the exam.|
|MAT (Management Aptitude Test)||MAT is held four times a year – February, May, September and December. It is conducted in three modes: Computer Based Test (CBT), Paper Based Test (PBT), and Internet Based Test (IBT). Conducted by the All India Management Association (AIMA), MAT scores are accepted by more than 600 MBA colleges in India. The duration of the exam is 150 minutes and it consists of 200 questions.|
Admission to MBA in International Business can be done in two ways: direct admission and securing valid scores in CAT, XAT, MAT, or other national-level MBA exams.
The most renowned colleges in India offering MBA in 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|
|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|
|BIMTECH Greater Noida||CAT, CMAT, XAT, GMAT|
MBA in International Business course fees ranges from INR 40,000 to INR 27,00,000 in India. The most renowned colleges in India offering MBA in International Business along with their course fees have been tabulated below:
|Name of the Institute||Average Course Fees (in INR)|
|IIM Bangalore Course Fee||29,00,000|
|Alliance University Bangalore Course Fee||14,00,000|
|Bharat Institute of Higher Education and Research, Chennai Course Fee||2,00,000|
|Xavier Institute of Management and Entrepreneurship, Chennai Course Fee||8,50,000|
|Jamia Millia Islamia University, Delhi Course Fee||47,000|
|Delhi School of Business- VIPS Technical Campus Course Fee||8,50,000|
|IIFT Delhi Course Fee||8,85,000|
|KJ Somaiya Institute of Management, Mumbai Course Fee||9,59,000|
|DY Patil University’s School of Management, Mumbai Course Fee||2,03,000|
|ICFAI Business School, Mumbai Course Fee||6,03,000|
|Symbiosis Institute of International Business, Pune Course Fee||10,36,700|
|MIT World Peace University, Pune Course Fee||7,60,000|
The courses offered by IIMs and other institutes as a part of the MBA in 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)|
|Jamia Millia Islamia||MBA IB (Self-financed)||2 Years (Full-Time)|
|K J Somaiya Institute of Management Studies & Research, Mumbai||MBA (International Business)||2 Years (Full-Time)|
|BIMTECH Greater Noida||PGDM - International Business||2 Years (Full-Time)|
Considering globalization in today's world, businesses are no longer restricted to a particular city, and there are immense opportunities for expansion in different corners of the world. The businesses have become interdependent which has opened a lot of prospects to interact on global platforms. This has led to a rise in the jobs for MBA in International Business graduates who can work efficiently in managerial positions and contribute to the success of their companies.
Since every organization is looking to expand and diversify internationally, it has become essential for them to hire qualified managers with MBA in International Business degrees who can prove to be assets for the global economy. More and more jobs are opening for MBA in Internation Business graduates, such as International Business Consultant, Export Manager, International Marketing Manager, Global Business Manager, Project Manager, International Finance Manager, Investment Banker, etc.
It has been estimated that the growth in the international business sector in India is more than 7% annually. An MBA in International Business helps in recognizing the functioning of businesses, identifying potential business opportunities, the evolution of business enterprises, and exploring entrepreneurial opportunities. MBA in International Business graduates can seek employment in both private and government sectors.
An MBA in 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.
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.|
According to Payscale, the average annual compensation for holders of an MBA in 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 in 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|
|Business Development Manager||5,03,000|
MBA in International Business graduates are hired by some of the top companies around the globe. Mentioned below are the top recruiters hiring MBA in international Business graduates in India.
|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|
An international MBA IB degree is a sought after credential by many individuals for the following reasons:
In order to get selected for pursuing an MBA in 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|
|University of Sydney||Australia|
|University of Alberta||Canada|
|University of Regina||Canada|
|Queen’s University, Kingston||Canada|
Apart from Business Knowledge, Strategic thinking, Planning Skills, etc., candidates aspiring to pursue MBA in International Business course must be equipped with the following important skills:
A few more crucial skills required to become a successful MBA in International Business professional are also listed below:
The differences between MBA in International Business and Master of International Business Programs have been tabulated below:
|Aspect||MBA in International Business||Master of International Business|
|Career Goals||MBA in International Business is an advanced management degree. The curriculum for MBA in International Business touches almost every aspect of a business: Accounting, Strategy, Legal, Marketing, Organizational Behavior, etc. MBA in 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.|
|Time-Format||The MBA in 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.|
Yes, universities or business schools may provide students with scholarships for MBA in International Business. Nevertheless, the eligibility criteria for the scholarships are generally set by universities and are dependent on the marks obtained in graduation or entrance test scores.
The job roles for MBA in International Business graduates are export managers and executives, international business consultants, international business development managers, brand managers, account managers, project managers, management consultants, international marketing managers and etc. All these job roles pay well to candidates.
The top recruiters for MBA in International Business graduates are McKinsey and Company, Boston Consulting Group, Bain and Company, Deloitte, IBM, Morgan Stanley, Accenture and etc. Apart from these, there are thousands of other national and multinational companies that recruit them.
The countries apart from India where you can pursue an MBA in International Business course are the USA, UK, Canada, Australia, and Germany. In these countries, you will get the necessary exposure to the industry and classroom knowledge required for the course. Also, you will have great career opportunities once you graduate.
Though not mandatory, most business schools in India require students to have work experience of at least two to three years. The reason for the same is that the MBA International Business programme builds up on the previous working knowledge of candidates. However, those without work experience must not get disheartened as there are other factors too that are considered for admissions.
To get admitted to MBA in International Business, students must meet the eligibility criteria and then apply for entrance examinations. After clearing the entrance test with the required cutoff of the institute, they will be called for a group discussion or personal interview after which they will be finally selected for the course.
Yes, you can pursue MBA in International Business online in case you do not have the opportunity to attend physical classes. It is generally done by students who are working professionals and are unable to quit their jobs for some purpose or the other. The eligibility criteria are similar to that of a regular MBA.
No, there is no general age limit to pursue MBA in International Business. Most students with two to five years of experience pursue this course. However, in some cases, universities or business schools may set up their own age limits to apply for MBA admissions.
Online MBA in 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 in International Business has been approved by UGC, DEB, AICTE, and NAAC. The average academic fee per semester is Rs. 30,000. Online MBA in International Business is offered by top management universities like Chandigarh University, UPES, D.Y. Patil Vidyapeeth, etc.
A personal interview is the final and one of the most important parts of the MBA in International Business admissions in India. It is through this round that the university admission committee determines the eligibility of the candidates in their institutions. It may be followed by a group discussion.
Yes, there is a relaxation in marks for the reserved categories including SC, ST, OBC, and PwD candidates in MBA in International Business. 5% of the marks is relaxed for students belonging to any of the named categories. You must know that the marks required for the general category for MBA admissions are 50% and for the reserved category, it is 45%.
No, you cannot pursue MBA in 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.
The areas of MBA International Business include:
The MBA in 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.
Yes, there is good scope and opportunity in MBA in 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.
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.
Students must pursue an MBA in International Business after gaining a minimum of 2-5 years of professional experience. Individuals must pursue the MBA in International Business program 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).
Candidates must have passed a Bachelor’s degree of a minimum of 3 years duration in any discipline from a recognized university with minimum aggregate marks of 50% for MBA in International Business. 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 work experience might also be required.
Professionals with around two to five years of work experience who want to launch or accelerate a career in international business or at a multinational company may find the MBA in International Business degree beneficial. It can also be done by students who have a keen interest in global business.
MBA in International Business is an excellent option because graduates can get high-paying job profiles such as Business Analyst, Project Manager, Area Sales Manager, Business Development Executive, Operations Manager with an average annual salary of INR 8.5 lakhs.
Since globalisation is on the rise, one must gain complete knowledge of the international market. Also, professionals can expect a salary boost after obtaining an MBA in International Business degree. An international marketing manager can expect to earn US$95k a year, while an international finance manager can make around US$97k.
The most common subjects found under the purview of MBA in International Business are:
Yes, CAT is compulsory to study MBA in International Business in India. It is an admission test that judges the suitability of students for MBA courses. However, candidates can also qualify for any other national- or global-level entrance examination such as MAT/GMAT/XAT/CMAT, etc.
The duration of MBA in International Business is 2 years which is usually completed in four semesters or six trimesters in college. The part-time courses may take two to three years to complete. Besides, students also have the option to do a one-year MBA.
A 1-year MBA in International Business is better suited to candidates with strong quantitative backgrounds such as Economics. A valid GMAT score is required for the 1-year MBA in International Business. 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.