MBA in International Business

MBA in International Business Course

MBA in International Business is a two-year postgraduate management degree that deals with the nuances of international finance, e-commerce, and trade policy while providing a basic understanding of international business and how it promotes a more interdependent and interconnected global economy. Some job roles that the students can undertake include Business Development Manager, Operations Manager, Area Sales Manager, Business Analyst, Operations Team Leader, etc.

MBA in International Business is one of the most sought-after MBA programs in India. Global MNCs and Indian MNCs like TATAs, BIRLAs, Mahindras, and IT Companies like Infosys are seeking MBA in International Business graduates who understand international business and markets well. During an MBA in an International Business program, students study aspects of global competition, simplifying the complexities of international business management, managing international finance, a global consultancy, international marketing, making the best use of international logistics & supply chain, international laws on customs, tariffs, duties, documentation among others.

Many top MBA colleges in India are offering MBAs in International Business Management with high domestic and international placements. Indian Institute of Foreign Trade (IIFT), and Symbiosis Institute of International Business (SIIB) Pune offer MBA in International Business as their flagship program, while MDI Gurgaon, K J Somaiya Institute of Management Studies & Research Mumbai, BIMTECH Great Noida also offer MBA in International Business (MBA-International Business) as their 2 years full-time management program. Read this special article to gain an understanding of MBA in International Business, top colleges offering MBA in International Business, key Courses taught, Placements and jobs, and many others.

Many Top MBA colleges in India are offering MBAs in International Business Management with high domestic and international placements. Indian Institute of Foreign Trade (IIFT), and Symbiosis Institute of International Business (SIIB) Pune offer MBA in International Business as their flagship program, while MDI Gurgaon, K J Somaiya Institute of Management Studies & Research Mumbai, BIMTECH Great Noida also offer MBA in International Business (MBA-International Business) as their 2 years full-time management program.

All About MBA in International Business

International Business is one of the most popular areas of business management as it offers a corporate career in leading MNCs and international commercial companies. MBA in International Business is primarily taught in MBA/PGDM programs. However, an MBA in International Business can also be studied at the undergraduate level as a specialization in BBA and BCom courses. Here are some of the key points related to MBA in International Business:

The full form of MBA International Business is Master of Business in International Business. It is a postgraduate program.

There is no upper age limit for pursuing an MBA in International Business. Anyone, regardless of age, is eligible to apply.

MBA International Business qualifying requirements state that candidates must have a bachelor’s degree.

They must have a minimum aggregate of 50% to graduate, however, this varies from college to college.

MBA in International Business programs prepares students for positions such as Global Business Manager, Export Manager, International Business Consultant, and others.

After completing the course students can earn an average salary between INR 10 lakh-15 lakh.

Why Study MBA International Business?

(i). The scope of this program is defined by the employment prospects and compensation packages available to applicants with a degree in this discipline.

(ii). It also provides the opportunity to travel overseas and settle in any part of the world as the degree covers the international aspects of business management.

(iii). An MBA in International Business Management allows you to work for some of the world’s most prestigious companies.

(iv). The field offers the highest salary for managerial roles along with the chance to have an international corporate life.

(v). Candidates with a degree in MBA International Business can also choose to work abroad, have better networking opportunities, and earn handsome salaries.

MBA International Business Syllabus

MBA International Business Semester I Syllabus

1. General Management
2. Accounting for Managers
3. Economics for Managers
4. Legal Framework of Business
5. Entrepreneurship and New Venture Planning
6. Corporate Governance and Social Responsibility of Business
7. Business Statistics and Research Methodology

MBA International Business Semester II Syllabus

1. Marketing Management
2. International Trade and Policy Framework
3. Operation Research for Business Decision
4. International Business Environment
5. Corporate Finance
6. International Financial System
7. Internet Security and Cyber Laws

MBA International Business Semester III Syllabus

1. International Marketing
2. Service Marketing and Customer Relationship Management
3. International Trade Practices, Procedures, and Documentation
4. International Financial Management
5. International Supply Chain Management & Logistics
6. Foreign Language for Business – 1
7. Training Report

MBA International Business Semester IV Syllabus

1. International Marketing Research
2. Cross-Cultural Consumer and Industrial Buyer Behavior
3. Global Strategic Management
4. International Advertising and Brand Management
5. International Human Resource Management
6. Foreign Language for Business – 2
7. Project Report

Why Choose an MBA in International Business?

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

Career Acceleration

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.

High Salary

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.

Development of Soft Skills

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.

Global Acceptance

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.

Wide Range of Job Opportunities

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.

Document Required For MBA in International Business

10th Marksheet & Certificate.

12th Marksheet & Certificate.

Graduation Marksheet First Year to Final Year.

Graduation Passing Certificate.

Transfer Certificate/ Leaving Certificate.

Gap Certificate if applicable.

Migration Certificate (Applicable for students from other Universities)

Nationality Certificate.

Who Should Study MBA in International Business?

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 an 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 daily. 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.

MBA in International Business Eligibility Criteria

Candidates must meet the following eligibility requirements to pursue an MBA in 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.

Those qualifying for the national-level entrance exams will be called for a group discussion and personal interview (GD+PI).

Students would also have to furnish IELTS/TOEFL/PTE scores to apply for an MBA in International Business course abroad.

MBA in International Business Admission Process

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.

Admission into MBA in 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 a Writing Skills Assessment, Group Discussion/Extempore, and Interview.

Admissions of foreign nationals/NRIs are conducted based on GMAT scores and Personal Interview.

Direct Admission into MBA in 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 based on their academic background.

MBA in International Business Career Scope: Job Profiles

• Export Manager
• Business Development Manager
• International Finance Manager
• Global Business Manager
• International Business Consultant
• Investment Banker
• International Marketing Manager

Which courses can be done after an MBA in International Business?

After completing an MBA in International Business, candidates have a wide range of courses and further educational opportunities to consider based on their career goals and interests. These courses can help one deepen their knowledge in specific areas, develop new skills, or pivot into different sectors.

Here are some potential post-MBA course options:

Doctor of Business Administration (DBA)

Ph.D. in Business Administration

Certificate Programs

MBA in International Business Scope in India

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 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 international 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.

Required Skillset for MBA in International Business

Apart from Business Knowledge, Strategic thinking, Planning Skills, etc., candidates aspiring to pursue an MBA in 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 in International Business professional are also listed below:

Mathematical Proficiency

Critical Thinking Abilities

Excellent networking abilities

Collaboration

Interpersonal Skills

Adaptive Thinking