BBM in International Business (BBM IB) is a 3- year professional undergraduate course aimed at imparting advanced lessons to enrolled students in theoretical and practical aspects of international business.
Top institutes offering this course are:
With the advent of industrial liberalization and globalization of trade, the global market is expanding, with more diverse varieties of innovative products and services coming into existence. Successful graduates of the course can find lucrative career opportunities in industries such as International Logistics, Supply- Chain Management, Storage, Transportation and Distribution.
|Bachelor of Business In Uttar Pradesh||Bachelor of Business In Maharashtra||Bachelor of Business In Karnataka||Bachelor of Business In Tamil Nadu|
The average course fee in India ranges between INR 10,000 and 30, 000 for the total duration. The average annual salary offered to successful graduates of the course in India ranges between INR 3 and 10 lacs.
Listed below are some of the major highlights of the course.
|Examination Type||Semester System|
|Eligibility||Graduation from a recognized university|
|Admission Process||Direct admission. Entrance test in some cases.|
|Course Fee||INR 10 to 30,000|
|Average Starting Salary||INR 3 to 10 lacs|
|Top Recruiting Fields/Areas||Financial institutions, Export/import industries, Banking sector, Public and private sectors, Hospitality, Securities firms, Travel and tourism industry, Global business consultancy and Investment companies, etc.|
BBM in International Business is a unique specialization offered to students in the field of business. The program has been designed to groom students for the competitive and fast-growing sector of international business. The course’s curriculum has been designed keeping the current and ever-evolving industry requirements in mind and includes practical and application-oriented learning.
The program aims to prepare students to work in business environments taking shape within a diverse, multicultural world.
In addition to meeting educational and occupational requirements, aspiring candidates would also ideally possess the necessary temperamental skills for a gainful career in the specialty. Besides business administration skills, such students would have the following:
Listed below are some of the top institutes offering the course in the country with the corresponding locations and fees charged by each.
|Name of Institute||City||Average Fees in INR|
|PSGR Krishnammal College for Women||Coimbatore||10,000|
|Garware College of Commerce||Pune||50,000|
|Brihan Maharashtra College of Commerce (BMCC)||Pune||38,000|
|MIT Arts, Commerce and Science College||Pune||45,000|
|PDM University -Faculty of Commerce & Management||Bahadurgarh||21,600|
|Institute of Business Management and Research- IPS Academy||Indore||17,300|
|Brihan Maharashtra College of Commerce||Pune||3,40,000|
Candidates aspiring for admission to the course need to have completed the 10+2 level of education from a recognized educational Board, preferably with Commerce subjects such as Accounts, Math, Economics, and Business Studies.
|Bachelor of Business in Madhya Pradesh||Bachelor of Business in Haryana||Bachelor of Business in Delhi||Bachelor of Business in Kerala|
Admission to the course is based on the candidate’s performance at the 10+2 level, and often, on the former’s performance in a relevant entrance test, depending on the institute offering the course.
Some such major entrance tests are listed here.
A semester-wise breakup of the course’s syllabus is tabulated below
|Semester I||Semester II|
|Indian Business Environment||Cost Accounting|
|Communication Skills & Personality||Elements of HRM|
|Micro Economic Analysis||Macroeconomic Analysis|
|Business Accounting||Principles of Marketing|
|Principles & Practice of Management||Business Statistics|
|Semester III||Semester IV|
|IT in Business Operations||Foreign Exchange Operations|
|International Business Environment||International Business in Service Sector|
|Production & Operations Management||International Agricultural Business|
|International Economics||Business Taxation|
|International Marketing||Management Accounting|
|Foreign Language - Paper I (Asian - Chinese, Japanese) (European - German, French and Spanish)||Foreign Language - Paper II (Asian - Chinese, Japanese) (European - German, French and Spanish)|
|Semester V||Semester VI|
|Business Ethics||Study of Global Economies|
|Export Import Procedure||International Project Management|
|Business Law||International Business Law|
|International Relations||Business Exposure|
|International Banking & Finance||Supply Chain & Logistics Management|
|Business Reporting and Analysis||E-Commerce Technology|
Such graduates are lucratively hired in financial institutions, export/import industries, banking sector, public and private sectors, hospitality, securities firms, travel and tourism industry, global business consultancies, and investment companies. Agencies involved in Foreign Direct Investment and Economic Development employ such professionals.
Majority of the global trade is done through aviation and docks, hence such graduates are also employed in cargo, airlines, and international shipping companies, both in India and abroad.
Some of the popular professional avenues open to such graduates are listed below with the corresponding salaries offered for the respective positions.
|Job Position||Job Description||Average Annual Salary in INR|
|Foreign Trade Manager||The job of a Foreign Trade Manager is to develop the foreign trade policies and procedures for an organization. They must ensure that all personnel involved in the import and export of goods are compliant and faithful with government-imposed regulations and procedures.||9-10 lacs|
|Export Manager||An Export Manager plans and coordinates the shipment of goods on an international level. They negotiate with a variety of people, such as shippers, agents and vendors, and have excellent customer service skills.||5-7 lacs|
|Relationship Manager||A Relationship Manager deals with customers and advises them on various banking-related concerns, and financial products and services offered by the bank.||5-7 lacs|
|Foreign Trade Analyst||The job of a Foreign Trade Analyst is to track the progress of exchange of goods and services between countries. Jobs are available in both private and public sectors, as various companies and government undertakings are involved in international markets.||9-12 lacs|
|Global Trade Compliance Advisor||Global Trade Compliance Advisors look after issues related to domestic manufacturers who import and export goods. They create and implement trade policies that cater to international customs regulations, shipping requirements, and trade laws.||10-15 lacs|
|Brand Manager||Their job is to plan, develop, and direct marketing efforts for a particular brand or product. They track consumer and market trends by reviewing scales of measurement such as sales volume, market share, profit projections, pricing and distribution, and by conducting consumer surveys.|
|Management Consultant||Management Consultants help organizations solve issues, create value, maximize growth, and improve business performance. They use business skills to provide objective and expert advice, and help an organization develop specialist skills.||15-20 lacs|